On January 1, 2019, Brooks, Inc., borrows $90,000 from a bank to purchase machinery. Brooks signs a 5 percent installment note requiring four annual payments of principal plus interest.

Required:
Complete the necessary journal entry

The probability that calls last between 4.0 and 6.0 minutes is approximately 0.7441, or 74.41%.

To find the probability that calls last between 4.0 and 6.0 minutes, we need to calculate the area under the normal curve between these two values.

First, we need to standardize the values using the Z-score formula: Z = (X - μ) / σ, where X is the value, μ is the mean, and σ is the standard deviation.

For 4.0 minutes:

Z1 = (4.0 - 4.5) / 0.70 = -0.71

For 6.0 minutes:

Z2 = (6.0 - 4.5) / 0.70 = 2.14

Next, we need to find the cumulative probabilities associated with these Z-scores using a standard normal distribution table or a statistical software.

The probability associated with Z1 is P(Z ≤ -0.71), and the probability associated with Z2 is P(Z ≤ 2.14).

Using a standard normal distribution table, we can find these probabilities:

P(Z ≤ -0.71) ≈ 0.2389

P(Z ≤ 2.14) ≈ 0.9830

To find the probability that calls last between 4.0 and 6.0 minutes, we subtract the lower probability from the higher probability:

P(4.0 ≤ X ≤ 6.0) = P(Z ≤ 2.14) - P(Z ≤ -0.71)

≈ 0.9830 - 0.2389

≈ 0.7441

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Answer:

ewan

Explanation:

Answer:

$15,769.67

Explanation:

The formula for determining present value is

FV x (1 + r/m)^-mn = P  

FV = Future value  

P = Present value =  $24,000

R = interest rate = 6%

N = number of years = 7

m = number of compounding = 365

$24,000 x ( 1 + 0.06/365)^-365 x 7 = $15,769.67

All of these products should use a rebranding extension strategy.
Once a product reaches maturity and the market is saturated, it gradually starts to decline.

Because of this, one approach to lengthen the life of a product strategy is to always seek out ways to make it better, different, and even stand out from similar products that have already hit the market.

Rebranding, offering discounts, and looking for new markets are all examples of extension strategy methods. Rebranding is the process of giving an existing product a fresh look and feel in order to set it apart from the competition. For instance, a cosmetics company might provide additional brushes, blenders, or sponges.

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Employer want you to demonstrate dependability because dependable employees are willing to assist clients and coworkers without his supervision, a company desires them.

Dependability is characterized as the capacity to be trusted or depended upon.

Reliable and dependable in carrying out duties linked to the job, completing tasks given to them, and keeping appointments and deadlines. Keywords: Reliable, Consistent, and Stable. Additionally, having dependability might enhance the quality of your life. If you are dependable, people will know they can rely on you to show up on time, give an assignment your all, see it through, and even act morally when no one is looking.

Therefore, Employer want you to demonstrate dependability because dependable employees are willing to assist clients and coworkers without his supervision, a company desires them.

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Answer: Only when demand is inelastic

Explanation:

For a product that has an inelastic demand, the demand of a buyer with regards to a product has minimal changes when when there is a change in price. In such case, an increase in the price will lead to an increase in revenue.

On the other hand, for a product that has an elastic demand, there will be a greater change in the demand of the buyer when when there is a change in price. In such case, an inrease in the price will lead to an reduction in revenue as buyers will go for other products.

Therefore, the admission price should be increased when demand is inelastic in order to increase revenue.

If you select the lump sum method, the amount you need to save today is $7,409.20.

In order to determine the amount you need to save today in order to have the same value in the future as the 3-year annuity, the present value of the annuity has to be determined.

The present value of the cash flows can be determined by discounting each of the cash flows at the rate of return and adding the discounted cash flows together.

Present value = 1500 / (1.083) + $1250 / (1.083²) + $6400 / (1.083³) =

1385.04 + 1065.74 + 5,038.42 = $7,409.20

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The correct answer to this open question is the following.

Unfortunately, you did not attach the team effectiveness model (Exhibit 7.2). You did not a link or picture of it.

However, trying to help you, we can comment on the following model.

We are going to use the Katzenbach and Smith Team Model.

This team effectiveness model has three important components at the base of the pyramid: collective work product, commitment, and personal growth.

From there, the next level indicates the specific goals of the team, the ground rules, the common approach, and the meaningful purpose of the team.

Going up the pyramid we have the Skills and Accountability.

In the Skills, the authors include interpersonal skills, technical skills, and problem-solving abilities. Regarding Accountability, the authors include mutual and personal accountability.

At the very top of the pyramid, we have the performance results.

This model helps to establish the foundation of the role individual team members and leaders play in ensuring team success.

For this to happen, leaders have to set the example of the n¿behavior they like to observe on team members. On the other hand, setting that example, team members are expected to follow through with the goals and expectations, following high standards of performance to accomplish goals.

a. The opportunity cost of producing wine in Portugal is 0.35 units of cloth, and the opportunity cost of producing cloth in Portugal is 2.85 units of wine.

b. The slope of the PPF represents the opportunity cost of producing one good in terms of the other. In this case, the slope of Portugal's PPF is -0.35, and the slope of Britain's PPF is -0.71.

c. If these countries engaged in international trade, the relative prices of wine and cloth would have to be within the range of Portugal's opportunity cost of producing wine (0.35 units of cloth) and Britain's opportunity cost of producing wine (0.71 units of cloth).

d. Assuming the relative price with trade of wine is 0.67 cloth and the relative price of cloth is 1.48 wine, then Portugal would specialize in producing wine and Britain would specialize in producing cloth. Portugal would export wine and import cloth, and Britain would export cloth and import wine.

If the relative price of wine were below 0.35 units of cloth, then Portugal would be able to produce wine more cheaply than Britain, and it would not be in Portugal's interest to trade. If the relative price of wine were above 0.71 units of cloth, then Britain would be able to produce wine more cheaply than Portugal, and it would not be in Britain's interest to trade.

The gains from trade are the increase in consumption that countries experience after they specialize and trade. In this case, the gains from trade are represented by the shaded area in the graph. The gains from trade are a result of the increased efficiency that is possible when countries specialize in the production of goods that they have a comparative advantage in.

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Small business management refers to the process of overseeing and operating a small business. It involves various activities such as planning, organizing, leading, and controlling business operations to achieve the goals of the organization.

Small business management includes various functional areas such as marketing, finance, human resources, and operations. In order to effectively manage a small business, it is important to have a clear understanding of the business environment, competition, customer needs, and available resources. This requires conducting market research, identifying target markets, developing a marketing strategy, managing finances, and developing a team of skilled employees.

Effective small business management also involves establishing clear communication channels, delegating responsibilities, and establishing performance metrics to measure success. The key to successful small business management is to stay focused, prioritize tasks, and be flexible in adapting to changing business conditions. Overall, small business management is critical for the success of any small business. It requires a combination of skills, knowledge, and experience to effectively manage a small business and achieve its goals.

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Answer:

$9,000

Explanation:

Sunk costs are costs that cannot be recovered, and in this case, Denaro's rent and insurance expense are considered sunk costs because they are generally paid when the month is starting and they cannot be recovered or changed afterwards. Denaro can vary the other monthly costs, e.g. he can decide to shut down and not spend any more food or supplies.  

Answer:

English Language Learners Definition of element chemistry : one of the basic substances that are made of atoms of only one kind and that cannot be separated by ordinary chemical means into simpler substances : a particular part of something (such as a situation or activity) : a part of an electrical device that produces heat

Answer:

Small businesses can signal emerging trends and needs to large businesses

Answer:

Option c. is correct

Explanation:

By promoting transparency, the government can improve market efficiency.

The government should be transparent as transparency will also strengthen the democracy and effectiveness in Government. Openness provides information to the citizens about what their Government is doing for them.

Option c. is correct

Answer:

price,product, promotion,place

If Franklin Corporation is expected to pay a dividend of $1.25 per share at the end of the year (D1 = $1.25). The equilibrium expected growth rate is 7.4%.

To calculate the equilibrium expected growth rate, we can use the Gordon Growth Model formula:

P0 = D1 / (r - g)

where:

P0 = the current stock price

D1 = the dividend expected to be paid at the end of the year

r = the required rate of return

g = the expected growth rate

We can rearrange this formula to solve for g:

g = r - (D1 / P0)

Substituting the given values, we get:

g = 0.105 - (1.25 / 40.00) = 0.074 or 7.4%

Therefore, the equilibrium expected growth rate is 7.4%.

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Explanation:

One example of a popular magazine is the New York Times magazine which has an offline subscription and a newsstand edition.

Advantages of online edition:

Disadvantages of online edition:

Answer:

e

Explanation:

by buying goods you are stimulating the economy

Explanation:

If it is a letter written are put the adrees date and are put if it my boss are say dear boss

Answer:

C

Explanation:

Based on the business and administrative concept, top-level management is the level of management that consists of an organization's board of directors and the chief executive or managing director.

Top-level management is a term that is used to describe the highest level of executive management.

Generally, this management level is considered the ultimate source of power and authority since it oversees the goals, policies, and procedures of a company.

Hence, in this case, it is finally concluded that Top Level Management is crucial to any company's success.

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Answer:

where's the question?

Accounting for managers has to do with internal affairs. Managerial accounting, in contrast to financial accounting, is carried out for internal managers. i.e., performing audits.

Accounting is the process of documenting financial transactions and then organizing, retrieving, analyzing, summarizing, and presenting the information in a variety of reports and analyses. These tasks are also performed by the field of study and profession known as accounting.

Accounting has a section that focuses on distributing general-purpose financial statements (such as a balance sheet, income statement, etc.) that contain the financial data to people outside of the business.

The generally accepted accounting principles, also known as GAAP or US GAAP, must be followed in the preparation of these external reports. Giving management of a company the data they need to maintain the company's financial stability is the focus of another area of accounting.

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Answer:

Increased prices typically result in lower demand, and demand increases generally lead to increased supply. However, the supply of different products responds to demand differently, with some products' demand being less sensitive to prices than others.

Answer:

Whispering Winds Corp.

Journal Entries:

Jan. 5 Debit Cash $20,520

Credit Sales Revenue $19,000

Credit Sales Taxes Payable $1,520

To record the sale of goods for cash, including 8% sales tax.

Jan. 12 Debit Unearned Service Revenue $11,500

Credit Service Revenue $11,500

To record service revenue earned.

Jan. 14 Debit Sales Tax Payable $8,800

Credit Cash $8,800

To record the payment of December Sales Taxes.

Ja. 20 Debit Accounts Receivable $48,600

Credit Sales Revenue $45,000

Credit Sales Taxes Payable $3,600

To record the sale of goods on credit, including sales tax of 8%.

Jan. 21 Debit Cash $22,500

Credit 8% Notes Payable (Girard Bank) $22,500

To record the borrowing of cash for a 3-month, 8%, note.

Jan. 25 Debit Cash $12,420

Credit Sales Revenue $11,500

Credit Sales Taxes Payable $920

To record the sale of goods for cash, including 8% sales tax.

Explanation:

a) Data and Calculations:

Liability account balances:

Accounts Payable              $56,000

Sales Taxes Payable              8,800

Unearned Service Revenue 16,100

Analysis of January transactions:

Jan. 5 Cash $20,520 Sales Revenue $19,000 Sales Taxes Payable $1,520

Jan. 12 Unearned Service Revenue $11,500  Service Revenue $11,500

Jan. 14 Sales Tax Payable $8,800 Cash $8,800

Ja. 20 Accounts Receivable $48,600 Sales Revenue $45,000 Sales Taxes Payable $3,600

Jan. 21 Cash $22,500 8% Notes Payable (Girard Bank) $22,500 a 3-month, 8%, note.

Jan. 25 Cash $12,420 Sales Revenue $11,500 Sales Taxes Payable $920

If Dale teaches Terrence's daughter to play the guitar in exchange for Terrence tiling Dale's kitchen floor Option B.  both Dale and Terrence are made better off by trade.

In this scenario, Dale is a guitar teacher and Terrence is a tile layer. Dale teaches Terrence's daughter how to play the guitar in return for Terrence tiling Dale's kitchen floor. It is a classic example of trade and bartering. Dale, the guitar teacher, would have had to pay for tile installation if he hadn't bartered with Terrence, the tile layer. Terrence, on the other hand, would have had to pay for guitar lessons if he hadn't traded with Dale.

Both Dale and Terrence, therefore, benefit from the trade, and they are both better off as a result. Because Dale receives tile installation in exchange for teaching guitar lessons, and Terrence receives guitar lessons in exchange for tile installation, both benefit.

In conclusion, the answer is (b) both Dale and Terrence are made better off by trade. When both parties are better off after a trade, it is known as a mutually beneficial trade. Trade, in general, promotes mutual gains by allowing people to concentrate on what they do best and exchange their output with others for goods and services that they desire. Therefore, the correct option is B.

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Industrial goods are materials used in the production of other goods, while consumer goods are finished products that are sold to and used by consumers. Industrial goods are bought and used for industrial and business use.

One method of categorizing items is by who the target consumer or customer is. There is a significant contrast between goods and services meant for use by individuals and homes (consumer products) and goods and services designed for use by other enterprises ( industrial products). Products are categorized into four groups depending on customer behaviors, pricing, and product characteristics: convenience goods, shopping goods, specialist products, and unsought goods.

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Issues with interest. Ann put $12,000 into two different bank accounts. One of the accounts offers 6% yearly interest, while the other offers 5%.

What is the definition of "interest"?

A feeling that is associated with or draws attention to a certain object or person: A worry-inducing object or person is referred to as a concern. a fascinating quality in something or someone.

Interest, to put it as simply as possible, is the price of borrowing money. It's the amount you owe your lender from a credit card or loan balance. However, there are other ways to get interest paid to you; the most common ones are certificates of deposit and savings accounts.

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Answer:

The answer would be B, $1,680

Step-by-step explanation:

So first of all you want to start by finding what P, r and t would be.

P = Principal amount ($$)

r = interest rate (%)

t = time

Once I found all of those I put them into the equation (l = Prt) and solved. That's how I came up with $1,680. Check out the screenshot I have provided for all my work! :)

Have a great day!

Answer:

$33,500

Explanation:

The Cash Required for Payment to Supplier is The Purchases Price less Credit Allowance and Cash Discount granted since Piedmont Company pays the invoice within the discount period.

If Piedmont Company had paid invoice out of  the discount period we would only deduct the Credit Allowance from the Purchase Price.

Cash Required for Payment Calculation :

Purchase Price                                        $45,000

Less Credit Allowance                            ($7,000)

Less Cash Discount $45,000 x 10%      ($4,500)

Cash Required for Payment                   $33,500