The cost of land is $397,500. The cost of land improvements is $75,000.
Cost of building: $700,000. Pierce Furniture will depreciate the building.
1. The cost of the land, land improvements, and building can be determined as follows:
Cost of land: $75,000 (cash payment) + $310,000 (note payable) + $3,000 (delinquent property tax) + $4,500 (title insurance) + $5,000 (land leveling and building removal) = $397,500.
Cost of land improvements: $53,000 (fence) + $13,000 (sign) + $9,000 (special lighting) = $75,000.
Cost of building: $700,000.
2. Pierce Furniture will depreciate the building. The land is not depreciated because it is considered to have an indefinite useful life, and land improvements are typically depreciated separately from the building.
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Offshore production refers to fdi undertaken to serve the host market.
True
False
The statement that offshore production refers to fdi undertaken to serve the host market is false.
false.
offshore production refers to the relocation of production activities by a company to a foreign country, often with the intention of taking advantage of lower production costs, accessing new markets, or benefiting from other favorable factors. it involves setting up production facilities or outsourcing manufacturing processes in a different country from the company's home market. offshore production can be undertaken to serve the host market, but it is not limited to that purpose. in fact, offshore production can also be geared towards serving other markets, including the home market or third-party markets. foreign direct investment (fdi) refers to the investment made by a company from one country into another country, typically involving a long-term relationship and control or significant influence over the invested enterprise. while fdi can be involved in offshore production, it is not exclusive to serving the host market.
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1) help tom to explain to the shareholders of the company the meaning of "free cash flow", its usage and how to use its value to assess a company’s performance.
Free cash flow" refers to the amount of cash a company generates from its operations that is available for distribution to shareholders, debt repayment, or reinvestment in the business.
It is a crucial financial metric used to assess a company's performance and financial health. When explaining to shareholders, Tom can emphasize that free cash flow represents the company's ability to generate cash beyond its necessary expenses and capital investments. It serves as an indicator of financial strength and flexibility. Shareholders can use free cash flow to evaluate the company's ability to pay dividends, reduce debt, invest in growth opportunities, or withstand economic downturns. By analyzing trends in free cash flow over time.
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X and Y are 50% equal partners in Z Partnership. X contributes an asset worth $500,000 with an adjusted basis of $100,000. Y contributes $500,000 in cash. The partnership's basis in the asset is $100,000 (carryover basis). If the partnership later sells the asset for $750,000, how much gain must X and Y report? X and Y must each report $325,000 in gain a. X and Y must each report $125,000 in gain O b. X must report $400,000 in gain and Y must report $250,000 in gain C. X must report $525,000 in gain and Y must report $125,000 in gain O d. X must report $650,000 in gain e.
The correct answer is that X must report $525,000 in gain ($400,000 built-in gain + $325,000 allocated gain), and Y must report $125,000 in gain ($325,000 allocated gain).
When X contributes the asset with an adjusted basis of $100,000 to the partnership, the partnership's basis in the asset carries over to be the same, $100,000. However, the fair market value of the asset is $500,000, resulting in a built-in gain of $400,000 ($500,000 - $100,000).
When the partnership later sells the asset for $750,000, the total gain to be reported by the partnership is $650,000 ($750,000 - $100,000). This gain is allocated to X and Y based on their partnership interests, which are 50% each.
Therefore, X must report 50% of the total gain, which is $325,000 ($650,000 * 50%), and Y must report the remaining 50% of the gain, which is $325,000 as well.
Hence, the correct answer is that X must report $525,000 in gain ($400,000 built-in gain + $325,000 allocated gain), and Y must report $125,000 in gain ($325,000 allocated gain).
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Managers, across industries, spend about _____% of their time in verbal interaction. Group of answer choices 25 33 50 95 75
The average time which managers, across industries, spend in verbal interaction is:
E. 75%According to the given question, we are asked to find out the average time which managers, across industries, spend in verbal interaction between themselves and other subordinates.
As a result of this, we can see that based on the research done by Deirdre Borden, they made us of qualitative method of interviews, surveys, polls, etc to come to the conclusion that the average time spent is about 75%.
Therefore, the correct answer is option E.
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how do u respond to lol
Answer:
depends on what you are lol ing about
Explanation:
An investment project offers $4,350 per year forever, with the first payment occurring one year from now. if the interest rate is 6%, what would you pay to participate in this project?
You would pay $72,500 to participate in this investment project, given a 6% interest rate.
How to find the amount one would pay to participate in this investment project to determine the amount one would pay to participate in this project, the following formula is used;
PV = A/r where,
PV = Present Value of the investment project
A = Annual payment
I = Interest rate
PV = 4350/0.06
PV = $72,500
Therefore, the amount that one would pay to participate in this project is $72,500.To determine the present value of the investment project that offers $4,350 per year forever, with the first payment occurring one year from now, with an interest rate of 6%, and the amount that one would pay to participate in this project would be $72,500.
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Which of the following illustrates the most economically sound choice for brad? buying both a car and a home leasing both a car and home buying a car and leasing a home leasing a car and buying a home
Buying both a car and a home best illustrates economics sound choice of brad.
What is a brad?A brad is a device that have a slight projection that help to fasten paper or object. It is a thin, soft metal, such as shim brass, wihich has a round head and a flat, split shank, which spread wide on pages or as a cotter pin or a split rivet.
They are use to attach shoe moldings and fastened small ornamental parts on furnitures Brads are use to glue wooden parts together.
Therefore, Buying both a car and a home best illustrates economics sound choice of brad.
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Answer: Keep it simple: A
Explanation:
buying both a car and a home
Why do lenders often require a down payment when credit is used to purchase a good?
It reduces risk to the lender.
It eliminates interest charges.
It reduces the cost of the financed good.
It increases the cost of financing the good.
The payments are done through a down payment reduces the risk to the lender and therefore the lender requires down payments when credit is used to purchase a good. Thus (A) is the correct option.
What is a down payment?The amount of money that a purchaser pays on the purchasing of any expensive object. The down payment showcases a portion of the total purchasing amount.
It is made in the initial stage of purchasing. It reduces the risk of the lender and therefore, (A) is the correct option.
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Fred is considering using the accrual method for his next business venture. Explain to Fred the conditions for recognizing income for tax purposes under the accrual method.
The accrual method of accounting recognizes income when it is earned, regardless of when it is actually received. This means that income is recognized when goods or services are provided to customers, not when the payment is received.
In order for income to be recognized for tax purposes under the accrual method, there are a few conditions that must be met.
First, the income must be earned and the business must have a reasonable expectation of collecting the payment.
Second, the income must be realized or realizable, meaning it is either received in cash or another asset that can be easily converted to cash.
Finally, the amount of income must be determinable with reasonable accuracy. It's important to note that once income is recognized under the accrual method, it cannot be reversed in future periods.
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In her job as a pharmacy technician, Imani measures precise doses of medication for patients. What type of skill is this?
A. technical
B. soft
C. collaborative
D. academic
Based on the fact that Imani needs to precisely measure doses of medication for patients, this type of skill is a A. Technical skill.
What is a technical skill?A technical skill refers to one that a person gets from having specialized knowledge in several types of specialized tasks and projects.
The skill to be able to measure precise doses of medication that Imani has is a specialized knowledge that helps her in the pharmaceutical industry which makes it a technical skill.
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A. Based on these increasing costs and decreasing demand, which sector of the industry became more popular? Why?
B. What is something analysts use when considering a company's leverage?
Technology companies are able to adapt to changes in demand quickly and efficiently, which enables them to remain competitive in a volatile market. The debt-to-equity ratio is used to compare companies within the same industry, as different industries have varying levels of debt financing.
A. Based on increasing costs and decreasing demand, the sector of the industry that became more popular was the technology sector. The reason for this popularity is that technology companies are less dependent on physical resources, which reduces their costs.
B. When considering a company's leverage, analysts use the debt-to-equity ratio. This ratio is calculated by dividing the company's total liabilities by its total equity. The debt-to-equity ratio provides a measure of the company's financial risk, as a high ratio indicates that the company is heavily reliant on debt financing, which may be unsustainable in the long term.
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how
has covid 19 affect sickle cell with hospital financial
strain
The financial strain caused by the COVID-19 pandemic has had an impact on the management and treatment of sickle cell disease in hospitals.
Hospitals have faced resource constraints, including limited staff, equipment, and funding, which can affect the quality and accessibility of care for individuals with sickle cell disease. This may lead to challenges in providing timely and comprehensive treatment, monitoring, and support services for patients with sickle cell disease, potentially impacting their overall health outcomes. The financial strain on hospitals has highlighted the need for continued investment and support in healthcare systems to ensure the provision of adequate care for individuals with chronic conditions like sickle cell disease.
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A perfectly competitive firm has the cost function TC = 1000 + 2Q + 0.1 Q2. What is the lowest price at which this firm can break even?
Answer:
Concept & example of breakeven point
Explanation:
Break Even point is where, Total Revenue = Total Cost. So, dividing entire equation by Q, Average Revenue ie Price = Average Cost.
TC = 1000 + 2Q + 0.1 Q^2 , AC = TC / Q , AC = 1000 / Q + 2 + 0.1Q Lowest Price ie AR for breakeven, is where P = AC. So, P = 1000/Q + 2 + 0.1Q
Eg : For quantity Q = 100, minimum price for breakeven, at P = AC is (1000 / 100) + 2 + 0.1 (1000) = 100 + 2 + 100 = 202
Insurance Plan Summary
Deductible
$5,000.00
Wellness Exams
No-deductible
100% covered
What is the monthly
payment an employee
with a family plan on
this health plan is
required to pay, even
if they do not visit a
doctor or hospital?
Premium (monthly)
Individual
$45.00
Individual+Spouse
$400.00
A. $5,000.00
B. $45.00
C. $400.00
D. $0
Review of ratings & the 80/20 Rule
Rate Review and the 80/20 rule are two tools provided by the health care law to hold insurance companies accountable and assist in limiting costs.
Review of Rate
You are better protected from arbitrary rate increases thanks to Rate Review. Any rate increase of 15% or more must now be disclosed publicly by insurance firms before your premium is increased. Plans that are grandfathered in are exempt from this.
To view the planned and actual rate increases for your insurance plan, look it up online.
80/20 Rule
According to the 80/20 Rule, insurance firms must spend at least 80% of the premium revenue they receive on healthcare expenses and quality-improvement initiatives. Costs for administration, overhead, and marketing can be covered by the remaining 20%.
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4. How do dependent tasks differ from primary tasks?
Answer:
The answer is below
Explanation:
Dependent task is a term used to describe a type of task that is associated with the main or independent task under a particular scope of work. It is usually a sub-task of the whole task that needs to be executed.
On the other hand, a Primary task is a term used to describe a type of task that takes the center stage or the major task with priority. It takes the largest or most resources in its execution.
Mason Milling grinds calcined alumina to a standard granular size. The mill produces two different size products from the same raw material. Regular Grind can be produced at a rate of 10,000 pounds per hour and has a demand of 400 tons per week with a price per ton of $900. Super Grind can be produced at a rate of 6,000 pounds per hour and has a demand 200 tons per week with a price of $1,900 per ton. A minimum of 700 tons has to be ground every week to make room in the raw material storage bins for previously purchased incoming raw material by rail. The mill operates 24/7 for a total of 168 hours/week. How many tons of each product must be produced each week to maximize revenue? (hint: be careful with units in this problem, ton, ton per week, ton per hour).
The mill should produce 700 tons of super grind and 0 tons of regular grind every week to maximize revenue.
The main aim of the problem is to find out the number of tons of each product that has to be produced per week to maximize revenue.
The regular grind is produced at a rate of 10,000 pounds per hour and has a demand of 400 tons per week with a price per ton of $900.The super grind is produced at a rate of 6,000 pounds per hour and has a demand of 200 tons per week with a price per ton of $1,900.To make room for the incoming raw materials, a minimum of 700 tons has to be ground every week.
According to the given conditions, we need to find out how many tons of each product should be produced per week to maximize the revenue.
Let the number of tons of regular grind be x. Let the number of tons of super grind be y.
Since a minimum of 700 tons has to be ground every week, the equation becomes:
x+y ≥ 700
The regular grind is produced at a rate of 10,000 pounds per hour and has a demand of 400 tons per week. Hence, we get:10,000x / 2,000 = 400x = 80/3 tons per hour
The super grind is produced at a rate of 6,000 pounds per hour and has a demand of 200 tons per week. Hence, we get:
6,000y / 2,000 = 200y = 100/3 tons per hour
Since the mill operates 24/7 for a total of 168 hours/week, the number of hours the mill operates to produce regular grind is given by:
80/3 * h ≤ 10,000
h ≤ 750
The number of hours the mill operates to produce super grind is given by:
100/3 * k ≤ 6,000k ≤ 1800/100 = 18
The total revenue generated can be given by:
R = 900x + 1900y
The problem is to maximize revenue. We can use linear programming to solve this problem:
Maximize R = 900x + 1900ysubject to:
x + y ≥ 70080/3x + 100/3y ≤ 168x ≤ 750y ≤ 18x ≥ 0, y ≥ 0
The feasible region is shown below:
graph{y≤-0.8x+168y≥0x≥0x+y≥700y≤18}
The vertices of the feasible region are (0, 700), (750, 0), and (522, 178).
We evaluate R at these points to see which one gives the maximum value of R.
R(0, 700) = 900(0) + 1900(700) = 1,330,000
R(750, 0) = 900(750) + 1900(0) = 675,000
R(522, 178) = 900(522) + 1900(178) = 938,800
Therefore, the maximum revenue is $1,330,000 when the mill produces 700 tons of super grind and 0 tons of regular grind.
Therefore, the mill should produce 700 tons of super grind and 0 tons of regular grind every week to maximize revenue.
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Paula has property which she uses in her office that someone else is responsible to maintain. What is a likely reason for this?
A. The property was defectively manufactured.
B. She purchased the property rather than leased it.
C. She has borrowed the property from a friend.
D. She leased the property rather than purchased it.
Which of the following operates through co-ownership with local partners? a) Franchise b) Wholly owned subsidiary c) Joint venture d) Licensed venture.
The option that operates through co-ownership with local partners is a joint venture (Option c). Joint ventures often involve co-ownership with local partners in foreign markets.
A joint venture is a business arrangement in which two or more parties come together to form a new entity for a specific project or business activity. In a joint venture, the participating entities contribute resources, expertise, and capital while maintaining their separate identities and ownership.
Unlike a wholly owned subsidiary, where a company has complete ownership and control over the subsidiary, a joint venture allows for shared ownership and decision-making with local partners. This can be advantageous when entering a foreign market that requires local knowledge, resources, or government relationships. By partnering with local entities, companies can leverage their expertise and establish a presence in the market more effectively.
On the other hand, a franchise involves a contractual agreement where a franchisor grants the rights to operate a business using its established brand, systems, and processes to a franchisee. A licensed venture refers to a situation where a company grants the license to use its intellectual property, such as technology or trademarks, to another entity. Therefore, the correct answer is option (c): joint venture, which operates through co-ownership with local partners.
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How do objectives make it more likely that you will reach your goals?
.A.Objectives are based on others' experiences.
.B.Objectives provide a step-by-step path to success.
.C.Objectives are the best way to assess your interests.
.D.Objectives help guide your career choices.
Answer:B.Objectives provide a step-by-step path to success.
Explanation:
What are some actions that may be taken by a nation to reduce interest rates in a country
Answer:
If needed, the Federal Reserves has the ability to lower interest rates.
Explanation:
There are two basic areas of science:
and applied science.
A.mental
B.information
C.pure
Answer:
Basic science, such as understanding how cells work, is research aimed at understanding fundamental problems.
Applied science, such as the medical field, is the application of basic scientific knowledge to solve practical problems.
Applied science uses and applies information obtained through basic science.
Explanation:
So, option B is the correct
Information ℹ️
When a driver encounters bad weather,the first thing to do is to look for the controls for things like the defroster,wipers,and lights. True or false
Answer:
true
Explanation:
When a driver encounters bad weather, the first thing to do is to look for the controls for things like the defroster, wipers,and lights is a true statement.
Who is a driver?A driver is a worker who transports customers in a quick, safe, and effective manner. Drivers select routes based on the state of the roads in as well as keeping up with weekly/monthly maintenance schedules for their vehicles and handling on-time payments.
if a person is driving and encounters bad weather it will be in respect to various things like d foster, wiping controlling and the light that is being provided at that point in time. Then that person must first defrost and white the things so that there will not be any kind of damage or accident that might happen on the road or collision with another.
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If you focus on the present now, instead of focusing on your future concerns, you will be able to __________.
a. Gain more enjoyment from your leisure time
b. Avoid doing more work than necessary
c. Create a feeling of control in your life
d. All of the above
In the case when we focus on the present so rather than focusing it we have to gain, avoid excess work, and control the feeling of control.
Importance of focus on the present:If we focus on the present rather than thinking of the future so automatically the present, as well as the future, will get better.
Due to this, we will be able to do the enjoyment arising from the leisure time, avoiding excess work, and developed a feeling for control in the life.
Hence, the option d is correct.
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How can the government efficiently encourage an optimal level of research and
development?
O All of these answers
Provide grants to academic and private researchers
O Fund research directly
O Enforce an effective patent system
Answer:
Enforce an effective patent system
Explanation:
Patent is defined as the government authority that bestows the full right and title of ownership to an investor in order to keep others away from making and selling such invention for a defined period of time.
The enforcement of effective patent system serves as incentives for optimal level of research and development as researchers feel recognized for their efforts and will be willing to do more as they know that inventions are now protected from duplication by others . Moreover , returns in investment are now guaranteed.
on may 2nd, company a received $100 of interest income from the bank earned in april. if the books are on an accrual basis, record the entry in april and in may when cash was received
When recording transactions on an accrual basis, revenue is recognized when it is earned, regardless of when the cash is received. In this scenario, the interest income of $100 was earned in April but received in May.
Here's how you would record the entry in both April and May:
April Entry (Accrual):
Debit: Interest Receivable (an asset account) - $100
Credit: Interest Income (a revenue account) - $100
Explanation: By debiting Interest Receivable, you recognize that the company has earned $100 of interest income in April but has not yet received the cash.
May Entry (Cash Receipt):
Debit: Cash - $100
Credit: Interest Receivable - $100
Explanation: By debiting Cash, you record the receipt of $100 in May. The credit to Interest Receivable reduces the outstanding amount owed by the bank for the interest income.
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Who is liable for contracts entered into on behalf of the corporation before the corporation is formed?.
The Companies Act of 2006's Section 51 governs agreements made by a business before it was formed or on its behalf. The party representing the company is liable under the contract unless something different is stated.
What does the 2006 Companies Act entail?The primary piece of legislation governing company law in the UK is the Companies Act of 2006. With more than 1,300 sections, it is the longest piece of legislation ever passed in the UK. The Act's final provisions were subject to eight years of consultation before becoming law in October 2009.
The Act's main goals are to modernize and streamline company law, codify directors' responsibilities, improve shareholder rights, and lessen the administrative burden faced by UK corporations. The Companies Act has drawn criticism from some commentators for implementing a number of reforms without necessarily making life easier for limited company directors, as is frequently the case with legislation.
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Question
Example of sole proprietor businesses
Answer:
`- In a sole proprietorship, there is no legal distinction between the individual and the business.
`- Examples include writers and consultants, local restaurants and shops, and home-based businesses.
`- A sole proprietor may use a trade name or business name other than his or her legal name.
What do you mean by search of trade?Why is it essential?
Answer:
trade means buying and selling good and service
Answer:
it takes time,resourses and money to creat and luanch distinctive and affective brands..in most instances,trade searching id an important first step in any trade registration to avoid adopting brans that infrige third-party trademark rights.
According to public choice economists, the federal government has expanded because
A. the federal government is efficient in its spending.
B. deficit spending has reduced the perceived cost of current government operations.
C. taxpayers pay the full cost of current government operations.
D. the public likes to pay higher taxes to finance more programs.
Economists believe that the federal government has expanded because B. deficit spending has reduced the perceived cost of current government operations.
What do economists think of the federal expenditure?They believe that because the government can finance more expenditure with debt, they have engaged in more expenses than they can actually afford.
This means that the government no longer views the cost of government operations as high because they can engage in deficit spending.
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Assuming P > AVC, a firm would find it profitable to increase its production when:
Higher resource costs raise its marginal cost.
Its fixed costs fall.
Its marginal revenue exceeds its marginal cost AND its fixed costs fall.
Its marginal revenue exceeds its marginal cost.
New regulations reduce the market given price for the firm's product.
Assuming P > AVC, a firm would find it profitable to increase its production when its marginal revenue exceeds its marginal cost.
Under this assumption, if the firm's marginal revenue exceeds its marginal cost, it implies that the additional revenue generated from selling one more unit of output is greater than the additional cost incurred in producing that unit.
This suggests that the firm can increase its profits by producing and selling more units of output, as the extra revenue from each additional unit will exceed the extra cost incurred in producing it.
In a competitive market, where firms are price takers and face a horizontal demand curve, the marginal revenue is equal to the price of the product. Therefore, if P > AVC and MR > MC, it would be profitable for the firm to increase its production, as the extra revenue from selling additional units at the given price would exceed the extra cost of production.
This means that the firm is able to sell additional units of its product for a price that is higher than the cost of producing each additional unit. In addition, if the firm's fixed costs fall, this would further increase its profitability as it would reduce the overall cost of production.
On the other hand, if higher resource costs raise its marginal cost or new regulations reduce the market given price for the firm's product, the firm may find it less profitable or even unprofitable to increase its production.
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