Paying universities to use their logo, team name, a mascot to sell goods and services to their students is considered legitimate. TRUE
What ethics does morality entail?discussing what constitutes good and improper behavior; pertaining to or dealing with morals or ethical concepts. being in accordance with the rules or laws governing right conduct or practice, especially those associated with a profession: It was believed that doctors should not promote.
What is a good example of ethics?A few examples of ethical workplace conduct include adhering to company standards, communicating clearly, assuming responsibility, being accountable, acting professionally, and having faith into or respect for your coworkers. The highest degree of productivity at work is ensured by these examples of moral behavior.
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the unemployment rate includes marginally attached workers and underemployed workers. t or f
The unemployment rate includes marginally attached workers and underemployed workers False.
What is the unemployment rate made up of?The unemployment rate for any location is calculated by dividing the number of locals who are unemployed and actively looking for work by the total local workforce.
How is the unemployment rate calculated?A individual must be 16 years old and have been available for full-time employment for the previous four weeks in order to be declared jobless. During this time, the person ought to be actively hunting for work.
Who is included in the U-3 unemployment rate?All unemployed people who are available to accept a job and have actively looked for employment in the past four weeks are included in the official definition of unemployment (as measured in the CPS by U-3 in the U-1 to U-6 range of choices).
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Write an elevator pitch for someone that will start their own beauty salon/barber shop
An effective technique to introduce your company's goals and pique interest in your goods or services is through an elevator pitch. A compelling pitch will draw in potential.
Product: What does that mean?The object being sold is referred to as a product. A service or even an object both qualify as products. It might take on a physical, virtual, or cyber form. Every product has a cost associated with it, and each one has a price.
Is a remedy a thing?The easiest way to distinguish between a product and a solution is to say that a product is what you have made and what it is capable of. A business outcome who offers your clients quantifiable value is a solution.
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Rent of $1,000 per month is paid for the next twelve months on October 1st, 1988. As a result of this transaction:
X: 1988 net income will decrease by $3,000
Y: 1988 equity will increase by $12,000
A. X
B. Y
C. Both
D. Neither
Answer:
the answer would be Neither
Haile Resort opened for business on June 1 with eight air conditioned units. Its trial
balance on August 31 is as follows.
Haile Resort
Trial Balance
August 31, 2022
Debit Credit
Cash Br. 39,200
Prepaid Insurance 9,000
Supplies 5,200
Land 40,000
Buildings 240,000
Equipment 32,000
Accounts Payable Br. 9,000
Unearned Rent Revenue 9,200
Mortgage Payable 100,000
Share Capital—Ordinary 200,000
Retained Earnings 0
Dividends 10,000
Rent Revenue 172,400
Salaries and Wages Expense 89,600
Utilities Expense 18,400
Maintenance and Repairs Expense 7,200
Br.490,600 Br.490,600
Other data:
1. The balance in prepaid insurance is a 1-year premium paid on June 1, 2022.
2. An inventory count on August 31 shows Br.1,300 of supplies on hand.
3. Annual depreciation rates are buildings (4%) and equipment (10%).
4. Unearned rent revenue of Br.7,600 should be recognized as revenue prior
to August 31.
5. Salaries and wages of Br.750 were unpaid at August 31.
6. Rentals of Br.1,600 were due from tenants at August 31.
7. The mortgage note is dated 1/1/2022. The mortgage interest rate is 8% per
year.
Instructions
a. Journalize the adjusting entries on August 31 for the 3-month period
June 1–August 31.
b. Prepare an adjusted trial balance on August 31.
The adjusting entries on August 31 for the 3-month period from June 1–August 31 is made by journal entries and an adjusted trial balance on August 31 is prepared.
What is a adjusted trial balance?An adjusted trial balance shows the general ledger account balances after all necessary financial period-end adjustments, such as prepayments, accruals, and non-cash expenses, have been made.
To ensure that period-end adjustments adhere to the matching and accrual concepts, adjusting journal entries are created.
a) The adjusting journal entries for H Resort on August 31 are as follows:
Adjusting Journal Entries:
1. Insurance Expense Dr. 2,250
Prepaid Insurance Cr. 2,250
2. Supplies Expense Dr. 3,900
Supplies Cr. 3,900
3. Depreciation Expenses: 3200
Building Cr. 2,400
Equipment Cr. 800
4. Unearned rent revenue Dr. 7,600
Rent Revenue Cr. 7,600
5. Salaries and Wages Expense Dr. 750
Salaries and Wages Payable Cr. 750
6. Mortgage Expenses Dr. 5,333
Mortgage Expenses Payable Cr. 5.333
b) The preparation of an adjusted trial balance on August 31 for Haile Resort is as follows:
Haile Resort
Trial Balance
August 31, 2022
Debit Credit
Cash Br. 39,200
Rental Receivable 1,600
Prepaid Insurance 6,750
Supplies 1,300
Land 40,000
Buildings 240,000
Accumulated Depreciation Br. 2,400
Equipment 32,000
Accumulated Depreciation 800
Accounts Payable 9,000
Unearned Rent Revenue 1,600
Salaries and Wages Payable 750
Mortgage Interest Payable 5,333
Mortgage Payable 100,000
Share Capital—Ordinary 200,000
Dividends 10,000
Rent Revenue 181,600
Salaries and Wages Expense 90,350
Utilities Expense 18,400
Maintenance and Repairs Expense 7,200
Insurance Expense 2,250
Supplies Expense 3,900
Depreciation Expenses:
Buildings 2,400
Equipment 800
Mortgage Interest Expense 5,333
Total Br.501,483 Br.501,483
Therefore, journal entry and trial balance have been prepared.
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Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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Constructing professional memo please help!!!!!! Quickly!!!!!
Memos are known for being succinct, direct, and simple to read. Despite being less official than letters, they nonetheless need to be written in a formal, concise manner.
A receipt or a cash memo?It provides information on the goods, including rate, amount, and number. Typically, they are printed and serially numbered. It is made in two copies. Since it differs from a receipt, cash memos do not need to be stamped.
What does memo in banking mean?In a bank memo, the routing information and bank account details associated with a company's business account are listed. It is normally written on bank letterhead and either a banker's signature or a teller's stamp is used.
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A newspaper vendor is trying to determine how many daily papers to order. The cost to the vendor of a single paper is $0.75. The vendor sells each paper for $1.85. The value of the paper will drop to 0 the next day. If the daily demand for papers is normally distributed with a mean of 500 papers and a standard deviation of 100 papers. The newspaper vendor should order how many papers?
a. 500
b. 525
c. 559
d. 795
e. 475
Answer:c
Explanation:cuz it c
At December 31, , Corporation has cash of million, accounts receivable of million, and long-term assets of million. The company owes accounts payable of million and has a long-term note payable of million. has common stock of million and retained earnings of million. Prepare Corporation's balance sheet at December 31, , complete with its proper heading.
Answer:
Balance Sheet December 31
Assets
Cash $1,000,000
Accounts Receivable $1,000,000
Long-term assets $1,000,000
Total Assets $3,000,000
Liabilities
Accounts Payable $1,000,000
Long-term note $1,000,000
Total Liabilities $2,000,000
Stockholder's Equity
Common Stock $1,000,000
Retained Earnings $1,000,000
Total Stockholder's Equity $2,000,000
What are the three types of jobs in the U.S. and how does trade affect each type?
Answer: Thinkers, Builders, Improvers, are all types of jobs and trade effects it because they need resources to do these things
Explanation:
Which of the following would appear in the cash flows from investing activities section of the statement of cash flows?
a. Cash received from stock issued
b. Cash received from bonds payable
c. Depreciation expense on equipment
d. Cash paid for equipment
The correct answer is:
d. Cash paid for equipment
Cash flows from investing activities include transactions related to the acquisition or sale of long-term assets such as property, plant, and equipment. Cash paid for the purchase of equipment would be categorized as an investing activity because it involves the outflow of cash for the acquisition of a long-term asset.
In recent years, hours of market work have declined and leisure time increased. This trend
a. causes GDP to rise.
b. causes GDP to fall.
c. does not improve the well-being of people because they do not value leisure.
d. is not accounted for in GDP.
Explanation:
option B.........i guess
Vanya inc. charter authorizes 1000 shares of stock at a stated value of $1 per share. Vanya sells 50 shares of stock at its initial offering for $10 [er share. The journal entry to record this transaction?
Credit for Paid-In Capital, in Surplus of Stated Worth for $450, $50 toward Common Stock, and $500 toward Cash.
Why do you use the term "Common Stock"?A form of business equity and a kind of security is common stock. Within the borders of the United States, the words vote share and common share are widely used. In the UK as well as other Commonwealth nations, they are referred to as share capital or ordinary shares. A investor holds 1% of the company if they hold shares of a company of the ordinary stock. This investor will receive $100 (1,000 units X $0.10) in dividends if the company declares a $0.10 per share dividend.
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Question 4/5
What is the difference between gross and net pay?
Gross pay is before taxes are subtracted but net pay
is after taxes are taken out.
Gross pay is after taxes are subtracted but net pay
is before taxes are taken out.
Net pay is a salary and gross pay is from hourly
wages.
Gross and net pay are basically the same things.
Answer:
Gross pay is what employees earn before taxes, benefits and other payroll deductions are withheld from their wages. The amount remaining after all withholdings are accounted for is net pay or take-home pay. Employers who familiarize themselves with these two terms are often better equipped to negotiate salaries with workers and run payroll effectively.
Explanation:
Rewita pokhrel
Gross pay is before taxes are subtracted but net pay is after taxes are taken out. Therefore, option B is correct.
What is gross pay and net pay ?The difference between gross pay and net pay is that gross pay refers to the total amount of salary or wages earned by an employee before any deductions, while net pay refers to the amount of salary or wages that an employee receives after deductions such as taxes, social security contributions, and other withholdings have been taken out.
Gross pay refers to the total amount of salary or wages that an employee earns before any deductions are made. This includes any overtime pay, bonuses, or other compensation that an employee is entitled to receive. Gross pay does not take into account any taxes or other deductions that are required by law.
Net pay, on the other hand, refers to the amount of salary or wages that an employee receives after all deductions have been taken out. This includes deductions for taxes, social security contributions, health insurance, and any other withholdings that are required by law or agreed upon by the employee and employer.
Hence, option B is correct.
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Multiple Choice Question
What contribution did the early Venetians make to the practice of management?
O Describing the importance of leadership in The Art of War
O Considering the role of specialization in a manufacturing setting
O Standardizing production with assembly lines and inventory controls
O Being the first to recognize management as a scientific practice
The early Venetians make Standardizing production with assembly lines and inventory controls the practice of management.
Venetian traders were influential financiers in Europe. The city was also the birthplace of awesome European explorers, which includes Marco Polo, as well as Baroque composers inclusive of Antonio Vivaldi and Benedetto Marcello, and well-known painters which include the Renaissance master Titian.
The Republic of Venice or the Venetian Republic, historically referred to as Los Angeles Serenissima changed into a sovereign nation and maritime
Venetian is a separate language from Italian, with many neighborhood varieties. Its precise location in the Romance language circle of relatives remains extremely debatable.
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Share one important realization about communication for engineers and law enforcers that you got from the Lecture Notes for this Module. Explain in no less than ten sentences.
Answer:
In the Lecture Notes for this Module, I learned an important realization about communication for engineers and law enforcers, which is the importance of clear and concise communication. As engineers and law enforcers often deal with complex and technical information, it is crucial that they are able to communicate this information effectively to others.
One key aspect of clear and concise communication is using appropriate terminology and avoiding jargon. Engineers and law enforcers often use technical terms that may not be familiar to others, and using these terms can lead to confusion and misunderstandings. Therefore, it is important to use language that is clear and easily understandable to the intended audience.
Another important aspect of communication is listening actively and asking questions. Engineers and law enforcers should be able to listen to others' perspectives and concerns, and ask questions to clarify any points that are unclear or confusing. This can help to build trust and improve collaboration, which are crucial for success in both fields.
In addition, it is important to tailor communication to the specific situation and audience. For example, in law enforcement, officers may need to communicate with people from diverse cultural backgrounds or those who have limited English proficiency. In such cases, officers may need to use nonverbal communication, gestures, or other forms of communication to convey their message effectively.
Finally, engineers and law enforcers should also be mindful of their body language, tone of voice, and other nonverbal cues. These can play an important role in conveying emotions, attitudes, and intentions, and can have a significant impact on the effectiveness of communication.
In summary, clear and concise communication is essential for engineers and law enforcers. By using appropriate terminology, listening actively, tailoring communication to the audience, and being mindful of nonverbal cues, these professionals can ensure that their message is conveyed effectively and efficiently, leading to greater success in their respective fields.
Explanation:
if this help, please maek my answer as brainliest
am 16 years old and I love little kids. I like to organize special events—like birthday parties for children. I have decided that a great way to earn extra money is to provide families with children’s birthday parties for a modest fee. I do it all—arrange the food, supply the music, decorate the party room, play games, give away small prizes, even play the part of Bongo, the Birthday Clown. Families I know love the idea. I have an advertising plan figured out, with posters to put up at the local grocery stores.
What type of business organization do you recommend? Why?
The type of business organization recommended in this case is the sole proprietorship, which is a business managed by a single person, with greater facilities to start up.
Sole Proprietorship characteristicsIt is owned and managed by only one person, with no legal distinction between the company and the owner, that is, it is an unincorporated company, whose owner is responsible for paying personal income taxes on the company's profits.
Therefore, the advantages of a sole proprietorship are the reduction of bureaucracy and interest rates, giving the owner greater possibility of creating and maintaining the business.
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Juggernaut Satellite Corporation earned $19.6 million for the fiscal year ending yesterday. The firm also paid out 30 percent of its earnings as dividends yesterday. The firm will continue to pay out 30 percent of its earnings as annual, end-of-year dividends. The remaining 70 percent of earnings is retained by the company for use in projects. The company has 2.8 million shares of common stock outstanding. The current stock price is $84. The historical return on equity (ROE) of 14 percent is expected to continue in the future.
What is the required rate of return on the stock?
Answer:
The required rate of return on the stock is 12.55%
Explanation:
According to the given data we have the following:
The Company is distributing 30% of its earnings as dividends
Therefore, company is retaining = 100-30 = 70% of its earnings
Growth = Retention ratio * ROE = 0.7*0.14 = 9.8%
Earning = 19.6 million
hence, Paid as dividends = 19.6*0.3 = $5.88 million
The Number of shares outstanding = 2.8 million
hence, Dividend per share = Total dividends / number of shares outstanding = 5.88/2.8 = $2.1
Current stock price = $84
Therefore, to calculate the required rate of return on the stock we would have to use the following formula:
Price of stock = Current dividend*(1+growth)/(r-growth), where r is required rate of return
84 = 2.1*(1.098)/(r-0.098)
40 = 1.098/(r-0.098)
r - 0.098 = 0.02745
r = 0.02745+0.098 = 0.12545
The required rate of return on the stock is 12.55%
Which of the outcomes in are most appealing to you? Are you more attracted to extrinsic outcomes or intrinsic outcomes?
Extrinsic outcomes are external rewards such as money, status, or recognition that come from achieving a goal. These outcomes are appealing to some individuals because they provide tangible benefits and can be easily measured by others.
On the other hand, intrinsic outcomes are internal rewards such as personal satisfaction, a sense of accomplishment, or personal growth that come from achieving a goal. These outcomes are appealing to some individuals because they provide a deeper sense of fulfillment and can be more meaningful in the long-term.
Ultimately, whether someone is more attracted to extrinsic or intrinsic outcomes depends on their personal values and goals. Some people may prioritize external rewards and seek to maximize their income or social status, while others may prioritize personal growth and seek to achieve goals that align with their passions and values.
It is important to strike a balance between both types of outcomes and to find a sense of purpose and satisfaction in the goals that we pursue.
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during 2017 and 2018,Irish airline Ryanair had to cancel thousands of flights to and from European destinations.Ryanair blamed the cancelation on a combination of air traffic control delays and strikes,bad weather and shortages of pilots and cabin crew due to increase annual leave allocations. a)Define profit .(2) b)explain the difference between a fixed cost and a variable cost of production.(4) c)analyse what might have happened to the level of profits for Ryanair as a result of the problems stated.(6) d)Discuss whether the cancelation of a flight would have affected the fixed and variable cost of Ryanair.(8)
A) Profit refers to the amount of money earned by a company after deducting all the costs and expenses.
B) Fixed costs are those expenses that do not change whereas, variable costs are expenses that vary with the level of production.
C) The cancellation of flights would have led to a decline in revenue, while the increase in costs due to shortages of pilots and cabin crew, as well as bad weather, would have led to higher variable costs.
D)The cancellation of a flight would affect both the fixed and variable costs of Ryanair.
a) Profit refers to the amount of money earned by a company after deducting all the costs and expenses incurred in the production of goods or services.
b) Fixed costs are those expenses that do not change regardless of the level of production, such as rent, salaries, and insurance. Variable costs, on the other hand, are expenses that vary with the level of production, such as raw materials, labor costs, and shipping expenses.
c) The problems faced by Ryanair in 2017 and 2018 would have had a significant impact on the level of profits. The cancellation of flights would have led to a decline in revenue, while the increase in costs due to shortages of pilots and cabin crew, as well as bad weather, would have led to higher variable costs. Additionally, the fixed costs of the airline, such as aircraft leasing costs and employee salaries, would have remained constant, thereby reducing the profitability of the company.
d) The cancellation of a flight would affect both the fixed and variable costs of Ryanair. Fixed costs such as aircraft leasing costs and employee salaries would remain the same regardless of the number of flights operated. However, variable costs such as fuel expenses and landing fees would be reduced due to the cancellation of a flight. In addition, the cancellation of a flight would also result in a loss of revenue, which would affect the overall profitability of the airline.
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in companies that are expanding in global markets, hrm practices specifically need to be aligned with which of the following?
In companies that are expanding in global markets, HRM practices specifically need to be aligned with Cultural factors in the management of other countries employees in different countries.
In order to make sure that a company's human capital helps it achieve its business goals, human resource management (HRM) practises are a collection of internally consistent policies and procedures (Delery and Doty, 1996).
They divided culture into four groups: hierarchy culture, market culture, adhocracy culture, and clan culture. The Organizational Culture Assessment Instrument (OCAI) can help you evaluate your organization's culture and make strategic changes to create an atmosphere where your team can succeed in just 15 minutes.
The proper question is "In companies that are expanding in global markets, hrm practices specifically need to be aligned with which of the following? Given options: cultural or technological "
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Innovate ways where you can prove the law of action-reaction.
The ways where you as a person can prove the law of action-reaction are:
When a player pushes the ball forward with force while holding it, the ball pushes back on the player's hand.Student tugs on desk, which tugs back on student (This is how you can "pull" yourself forward.)How can the law of action and reaction be proven?When a person pushes against a wall (action force), the wall pushes back with an equal and opposing force (reaction force). The Space Shuttle lifts (there is no slingshot involved!) because the hot gases push out hot gases (action force) and exert a force on the Space Shuttle engines (reaction force).
Therefore, it can also be shown through Swimming. With the use of the hands, a forward-swimming individual forces the water to move backward. A response force is created as a result of the action force that the individual is exerting.
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Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) 2020 2021 2022 Beginning inventory $1,926 $2,290 $2,522 Ending inventory 2,290 2,522 2,618 Cost of goods sold 18,038 20,351 20,099 Sales revenue 39,474 43,251 43,232 (a) Calculate the inventory turnover for 2020, 2021, and 2022. (Round answers to 1 decimal place, e.g. 52.7.) 2020 2021 2022 Inventory turnover $enter inventory turnover in dollars $enter inventory turnover in dollars $enter inventory turnover in dollars
The inventory turnover in:
2020 is 8.6
2021 is 8.5
2022 is 7.8
An inventory turnover ratio is a ratio that is used to determine the amount of times that a firm sells and replaces its inventory in a given period. Inventory turnover is an activity ratio. Activity ratios determine the degree of efficiency with which a firm carries out its daily task.
Inventory turnover = cost of goods sold / average inventory
Average inventory = (beginning inventory + ending inventory) / 2
Inventory Turnover in 2020
Average inventory = ($1,926 + 2,290) / 2 = $2,108
Inventory turnover = 18,038 / $2,108 = 8.6
Inventory Turnover in 2021
Average inventory = ($2,290 + 2,522) / 2 = $2,406
Inventory turnover = 20,351 / $2,406 = 8.5
Inventory Turnover in 2022
Average inventory = ($2,522 + 2,618) / 2 = $2,570
Inventory turnover = 20,099 / $2,570 = 7.8
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A smoke detector manufacturer designed its device to balance between the alarm going off when there is insufficient smoke to indicate that there might be a fire in the vicinity (like when there is a little extra smoke from cooking food) and the alarm failing to beep when there is enough smoke to indicate that there might be a fire in the vicinity. Which of the following statements is correct? A.It is a false positive (Type I error) when the smoke alarm beeps when there is insufficient smoke to indicate that there might be a fire in the vicinity. B.It is a false positive (Type I error) when the smoke alarm fails to beep when there is sufficient smoke to indicate that there might be a fire in the vicinity. C.It is a false negative (Type I error) when the smoke alarm fails to beep when there is sufficient smoke to indicate that there might be a fire in the vicinity. D.It is a false positive (Type II error) when the smoke alarm fails to beep when there is sufficient smoke to indicate that there might be a fire in the vicinity.
The correct statement deducible from the given scenario on smoke detector is that It is a false positive (Type I error) when the smoke alarm beeps when there is insufficient smoke to indicate that there might be a fire in the vicinity. (Option A).
What is a Smoke Detector?A smoke detector is a gadget that detects smoke, usually as a fire indicator. Smoke detectors are commonly placed in plastic enclosures, which can vary in size and shape. The standard shape is a disk with a 150 millimeter diameter and a 25 millimeter thickness. Detecting smoke can be done physically or optically.
Last but not least, smoke alarms are essential for early fire detection in your home and could make the difference between life and death. Fires can start in any part of your house and in a number of different ways. But having a smoke alarm is the first important step in ensuring the safety of your family, regardless of where or how.
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Haile Resort opened for business on June 1 with eight air conditioned units. Its trial
balance on August 31 is as follows.
Haile Resort
Trial Balance
August 31, 2022
Debit Credit
Cash Br. 39,200
Prepaid Insurance 9,000
Supplies 5,200
Land 40,000
Buildings 240,000
Equipment 32,000
Accounts Payable Br. 9,000
Unearned Rent Revenue 9,200
Mortgage Payable 100,000
Share Capital—Ordinary 200,000
Retained Earnings 0
Dividends 10,000
Rent Revenue 172,400
Salaries and Wages Expense 89,600
Utilities Expense 18,400
Maintenance and Repairs Expense 7,200
Br.490,600 Br.490,600
Other data:
1. The balance in prepaid insurance is a 1-year premium paid on June 1, 2022.
2. An inventory count on August 31 shows Br.1,300 of supplies on hand.
3. Annual depreciation rates are buildings (4%) and equipment (10%).
4. Unearned rent revenue of Br.7,600 should be recognized as revenue prior
to August 31.
5. Salaries and wages of Br.750 were unpaid at August 31.
6. Rentals of Br.1,600 were due from tenants at August 31.
7. The mortgage note is dated 1/1/2022. The mortgage interest rate is 8% per
year.
Instructions
a. Journalize the adjusting entries on August 31 for the 3-month period
June 1–August 31.
If Haile Resort opened for business on June 1 with eight air conditioned units. Its trial. The journal entry to record this transactions is: Debit: Insurance Expense, 9,000,Credit: Prepaid Insurance, 9,000
What is journal entry?Journal entry is used by companies to record their day to day business transactions.
Haile resort journal entries
Prepaid Insurance:
Debit: Insurance Expense, 9,000
Credit: Prepaid Insurance, 9,000
Supplies:
Debit: Supplies 3,900
Credit: Supplies Expense, 3,900
( 5,200 - 1,300)
Depreciation:
Debit: Depreciation Expense, Buildings, 2400
Credit: Accumulated Depreciation, Buildings, 2400
(Br.240,000 * 4% * 3/12 )
Debit: Depreciation Expense, Equipment 800
Credit: Accumulated Depreciation, Equipment, 800
(Br.32,000 * 10% * 3/12 )
Unearned Rent Revenue:
Debit: Rent Revenue, 7,600
Credit: Unearned Rent Revenue, 7,600
Salaries and Wages:
Debit: Salaries and Wages Payable, 750
Credit: Salaries and Wages Expense, 750
Rent Receivable:
Debit: Rent Receivable, 1,600
Credit: Rent Revenue, 1,600
Debit Interest Expense 2,000
Credit Mortgage Payable 2,000
(100,000 * 8% / 12 * 3 = 2,000)
Therefore the entry is Debit: Insurance Expense, 9,000,Credit: Prepaid Insurance, 9,000
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According to the above material, there exist large differences between economic growth rate using traditional expenditure approach and the satellite night-light data. How do you evaluate the night-light data method? and can you identify several reasons why there exists such differences?
The use of satellite night-light data as a method to evaluate economic growth has both strengths and limitations. Reasons for Differences between Traditional Expenditure Approach and Night-light Data: Informal Economy, Data Limitations, Urbanization Bias and Structural Changes.
Here is an evaluation of the night-light data method and several reasons for the differences observed between the traditional expenditure approach and the night-light data:
Evaluation of the Night-light Data Method:
Objective and Timely: Satellite night-light data provides an objective and timely measure of economic activity. Wide Coverage: Night-light data can cover large geographical areas, including remote and inaccessible regions. Granularity: The data can be analyzed at a fine-grained level, allowing for detailed spatial analysis of economic patterns. This can help identify pockets of growth and disparities within regions.Reasons for Differences between Traditional Expenditure Approach and Night-light Data:
Informal Economy: The traditional expenditure approach relies on official economic data, which may not fully capture the informal sector. Data Limitations: Night-light data has its limitations. It primarily measures economic activity related to lighting, which may not capture other dimensions of economic growth such as services or knowledge-based industries. Urbanization Bias: Night-light data tends to be more representative of urban areas with higher population density and greater access to electricity. Structural Changes: The traditional expenditure approach focuses on consumption and investment, while night-light data primarily captures the energy consumption associated with lighting.For such more question on economic:
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trace the genesis of human resource management/ planning
Note that HRM may be traced back to the early twentieth century when the notion of "people management" first emerged. At the time, the emphasis was on ensuring that firms had an adequate number of people with the requisite skills and expertise to fulfill their tasks.
What is Human Resource Management (HRM)?Human resource management (HRM) is the process of managing and developing an organization's employees. It include hiring and training personnel, administering payroll and benefits, and managing employee relations. Human resource management (HRM) is an important component of running a business because it ensures that the firm has the appropriate people with the correct abilities in the proper jobs.
Working with an HRM specialist may help you obtain top talent, enhance employee retention, elevate employee perks, deal with fewer compliance concerns, access HR remotely, and save critical time and energy.
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After Polly Shrum sells a stock, she avoids following it in the media. She is afraid that it may subsequently increase in price. What behavioral characteristic does Shrum have as the basis for her decision making? Please explain your answer.
After Polly Shrum sells a stock, she avoids following it in the media. She is afraid that it may subsequently increase in price. Shrum has fear of regret. She is hesitant to examine stock prices out of concern that they may have increased and she may have lost out on possible gains.
To prevent the fear of regret, the investor may become less risk-averse in the future and may purchase any stock recommended by the media without completing any background investigation. During lengthy bull markets, regret theory leads some investors to continue to invest aggressively, dismissing warning signals of a coming disaster.
According to regret theory, people anticipate remorse if they make the wrong option and take it into account while making decisions. Fear of regret may either deter or motivate people to act. Regret theory has the potential to influence an investor's rational conduct, diminishing their capacity to make financial decisions that benefit them rather than damage them.
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You are an economics professor teaching large sections of Principles courses this semester. Within the first week of class,
several students have approached you with concerns about exam and homework due dates. They fear they won't do well
because the due dates for your class conflict with the dates for their other classes. You want to allocate exam and homework
due dates to the days most valued by students, but sifting through the opinions of hundreds of students presents a challenge.
The MOST efficient allocation would result if you:
design a predictions market for students to designate when they think the dates will be.
b. create an internal market for students to bid for their preferred dates.
C.
use your centralized power as a professor to assign the dates without student input.
d. determine that you have a knowledge problem when assigning dates
The MOST efficient allocation of exam and homework due dates for students who have concerns due to conflicting schedules with other classes is to create an internal market for students to bid for their preferred dates.The correct answer is option-b.
A market is the most efficient mechanism for allocating goods and services according to the preferences of consumers. Students who have conflicting schedules can bid for their preferred exam and homework due dates through an internal market.
This method has the advantage of providing the exam and homework due dates to those who are willing to pay the most for them. By using the internal market, the professor can allocate the dates in the most efficient manner without sifting through the opinions of hundreds of students.
This method is also fair as it gives students the opportunity to choose their preferred dates based on their schedule constraints, and it reflects the value that students place on certain exam and homework due dates.
Therefore, the correct answer is option-b.
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Decide whether each of the following is frictional, structural, or cyclical unemployment:
a. The economy gets worse, so General Motors shuts down a factory for four months, laying off workers. cyclical structural frictional
b. General Motors lays off 5,000 workers and replaces them with robots. The workers start looking for jobs outside the auto industry. cyclical structural frictional
c. About 10 workers per month at a General Motors plant quit their jobs because they want to live in another town. They start searching for work in the new town.
Answer and Explanation:
The classification is as follows:
a. Cyclical unemployment
Since the economy got worse and the factory would be shut down for 4 months so this represent that the economy would go into recession
b. Structural unemployment
As General motors would lays off 5,000 workes and wants to subsitute with robots so here there is a mismatch of the skills & characteristics according to the job requirements
c. Frictional unemployment
Frictional unemployment is classify as a short-term unemployment that occurred for matching the workers with the available jobs
Materials shall not be stored within how many feet
of a fire door.
Answer:
3 feet or 36 inches
Explanation: