prepare the workpaper entries necessary on december 31, 2013 to allocate and depreciate the difference between book value and the value implied by the purchase price

Answers

Answer 1

An asset's book value is its initial purchase price less any future alterations, such as impairment or depreciation.

What exactly does "book value" mean?

Book Value The term "book value" refers to a company's value as it appears on its financial statements and is taken from its books or accounts. Theoretically, it represents the proceeds that investors would receive if they sold all of the company's assets in order to settle all of its debts and liabilities.

A good book value is what?

For value investors, historically, any figure below 1.0 is a good P/B, indicating a possibly undervalued stock. Value investors, however, frequently use equities with a P/B value below 3.0 as their benchmark.

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Related Questions

(30 POINTS)What is one difference between a vocational school and on-the-job training?

A vocational school degree takes one year to earn. On-the-job training takes two or more years.
A vocational school degree takes weeks or months to earn. On-the-job training takes two years or fewer.
A vocational school is usually paid for by the worker. On-the-job training is usually paid for by the employer.
A vocational school is usually paid for by the employer. On-the-job training is usually paid for by the worker.

Answers

Answer:

A vocational school is usually paid for by the worker. On-the-job training is usually paid for by the employer.

Explanation: Vocational training is when you as a worker learn more about your job so you have to pay your trainer to acquire knowledge. However for on-the-job training you have understandin got how to do your work so you get paid

The main difference between a vocational school and on-job training is that "the vocational school is paid for by workers while the on-job training is paid for by the employer".

The vocational school or the vocational form of training is the training provided to the worked by creating the replica of a similar workstation. This helps the workers to know about the entire working process before entering into the actual workplace.

The on-job training is provided to the employers before starting the work or during the existing work about the changes or modifications in the current work process. This is beneficial when the duplicate situation cannot be created and the new work needs to be operated along with the existing work.

Therefore, option c is correct.

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PLS HELP!! from least expensive to most.

PLS HELP!! from least expensive to most.

Answers

Answer:

lowest budget

most expensive first class

Explanation:

there self explanatory

have a good rest of your day

Tuscan Inc. had a retained earnings balance of $66,000 at December 31, 2018. During the year, Tuscan had the following selected transactions.
• Reported net income of $106,000.
• Revised an estimate of a machine's salvage value. Depreciation increased by $1,600 per year.
• An error was discovered. Three years ago, a purchase of a building was incorrectly expensed. The effect is understated retained earnings of $18,000 (net of tax benefit).
• Paid cash dividends of $39,000.
Calculate the retained earnings balance at December 31, 2019. (Amounts to be deducted should be indicated with a minus sign.)
TUSCAN INC.
Statement of Retained Earnings
For Year Ended December 31, 2019
Prior period adjustment

Answers

Answer:

$159,000

Explanation:

The computation of the ending retained earnings balance is shown below:

                                                      Tuscan Inc

                                  Statement of Retained Earnings

                                 For Year Ended December 31, 2019

Retained Earnings, December 31, 2018             $74,000

Building cost incorrectly expensed (net of tax) $18,000

Adjusted retained earnings                                 $92,000

Add: Net Income                                                  $106,000

Less: Dividends                                                   -$39,000

Retained Earnings as on December 31, 2019    $159,000

“Organizations don’t compete but supply chains do.” Explain how taking a supply
chain approach can make a firm cost effective and improve performance at the same
time.

Answers

By coordinating, collaborating, and syncing these three aspects, the supply chain competitive advantage can be attained. The business plan as a whole should be consistent with the supply chain management strategy.

Competition is said to prevent supply chain coordination. The amount of uncertainty in both the upstream and downstream sectors may increase due to competition. For instance, it has been empirically demonstrated that supplier competition increases the manufacturer's transaction costs (Walker and Weber 1987).

The findings show that increased SCM practice can boost competitive advantage and boost organizational performance. Additionally, competitive advantage can directly and favorably affect how well an organization performs.

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Santeria Trading Inc. has manipulated its accounts to inflate its expenditure so it is subject to fewer taxes than it would have to pay
otherwise. Which element of the internal accounting control does Santeria fail to comply with?
OA
policies
OB
monitoring
Oc.
accounting system
OD.
risk assessment
ОЕ.
environmental control

Answers

Answer:

environmental control

Explanation:

Control environment refers to the company's attitude towards internal control. In this case, the company is manipulating its accounts on purpose, meaning that the whole attitude is to not follow internal control procedures. Sometimes companies forge financial records for different reasons and several employees and management collude in order to do it. An example is Enron, where even the auditing firm knew about the irregularities in Enron but decided to help them hide them.

Zion’s uncle, a project manager, who works for a variety of companies managing people and projects that have specific deadlines, could best be described as a(n)

Answers

Zion's uncle, who works as a project manager for a variety of companies managing people and projects with specific deadlines, could best be described as a "contract project manager" or a "freelance project manager."

As a contract project manager, Zion's uncle operates on a project-by-project basis, providing his project management expertise to different companies or clients. He is hired for a specific duration or scope of work and is responsible for overseeing the planning, execution, and successful completion of projects within the given deadlines.

Being a contract project manager allows Zion's uncle to work with different companies, industries, and project types, providing flexibility and exposure to various challenges and opportunities. He is likely skilled in project management methodologies, communication, coordination, and leadership, enabling him to effectively manage teams and deliver projects on time.

The nature of his work, involving specific deadlines and managing people across different projects, suggests that he operates in a dynamic and results-oriented environment, where meeting project milestones and achieving deliverables within set timeframes are critical.

Overall, Zion's uncle's role as a project manager who works on multiple projects with specific deadlines aligns with the description of a contract or freelance project manager.

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Joie de Vivre has been successful at motivating employees, which can be shown using the four indicators of motivation as outlined in the chapter. of these indicators,____ is the one that helps determine the degree to which employees will support the company and its mission.

A. rootedness
B. commitment
C. satisfication
D. comprehension
E. engagement ​

Answers

If Joie de Vivre has been successful at motivating employees, which can be shown using the four indicators of motivation as outlined in the chapter. of these indicators,____ is the one that helps determine the degree to which employees will support the company and its mission:  B. commitment

Commitment has do with showing support or  been committed by showing supports towards the success of the company or organization.

To be committed at a work place shows that you are devoted to the company and you want the aims and objective of the company to be realistic.

When an employee is committed to their job it means employee is passionate about their job as well as the mission of the company because a committed employee will always support the company.

Such an employee are often exceptionally good when carrying out the tasks or assignments assign to them because they have company best interest in  mind.

Inconclusion commitment is the one that helps determine the degree to which employees will support the company and its mission.

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Which of the following is a fixed asset for a business?

A. Bicycle for private use
B. Washing machine for restate
C. Motor car for family use
D. Motor lorry for delivery of goods​

Answers

Answer:

D. Motor lorry for delivery of goods​

Explanation:

Business assets are valuable used to generate revenue for the business. Assets can be classified as either current or fixed assets. Currents assets can be converted to cash with relative ease.

Fixed assets have a lifespan exceeding one year. Usually, a business will not dispose of its fixed assets in the current financial period. Fixed assets remain constant in a period and are used in the production process.

From the list provided, lorry is the fixed asset. It is being used to deliver goods, hence assisting in generating revenue. The lorry has a lifespan exceeding one year and is not meant for sale.

Step 2. Search to find any summary about the company that mentions funds for starting the business. Try to find any information containing employee data in this section.
Step 3. Find the section where the product or service is detailed. Look to see what kinds of products or services will be involved with the business. Compare this with what other similar business plans are offering.
Record the information you found for steps 2 and 3. Make sure you discuss how the company got money to start the business, employee data, and what products or services the company provides in comparison with what other similar business plans are offering.

Answers

We can see here that such company gotten after searching for company that mentions funds for starting the business is Go-o-gle.

Funds for starting the business: $1 million in funding from Andy Bechtolsheim.

Employee data: over 160,000 employees worldwide.

What is a company?

A company is a legal and organizational entity formed by individuals or a group of individuals with the purpose of conducting business activities. It is an association of individuals who come together to engage in commercial, industrial, or professional activities in order to generate revenue and make a profit.

Their products are digital and online services.

Comparing this company, we see Microsoft.

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cuáles son las tres partes de una fracción​

Answers

No Espanol English please?

Marketing is all of the activities used to exchange goods and services between businesses and consumers.
true
false

Answers

Answer: True

Explanation:  

jonathan has an outgoing personality. he enjoys making home repairs and watching TV shows about house flipping. jonathan has a degree in business, but he likes the customer service side of business more than the finance component. which of the following careers would be most suitable for jonathan?

Answers

The most suitable career for Jonathan would be a real estate broker.

Why would a real estate broker be suitable for Jonathan?

Jonathan's outgoing personality and interest in home repairs align well with a career in real estate. As a real estate broker, he would have the opportunity to work closely with clients, providing customer service and helping them navigate the process of buying and selling properties.

His passion for watching TV shows about house flipping indicates a strong interest in the real estate market which would be beneficial in this role. Additionally, his degree in business would provide a solid foundation for understanding the business aspects of real estate transactions.

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The contrast between those with and those without Internet access is known as the __________ divide.

A. technology

B. global digital

C. interspace

D. None of the above

Answers

Answer: It is 100% B. Global digital

Explanation: The answer is on Quizlet.

The contrast between those with and without Internet access is known as the Global Digital divide. Thus option (B) is correct.

What is the Digital Divide?

The digital divide refers to the gap between demographics and regions that have access to modern information and communications technology and those that don't.

The digital divide encompasses the technical and financial ability to utilize available technology, along with access(or lack of access) to the internet. It exist between developed and developing, urban and rural populations.

The consequences of the digital divide include isolation, which can affect mental health, educational barriers as postsecondary education increasingly  moves online, and worsening gender discrimination, also affects the human and economic development of a nation.

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Which of these is not an example of good practice when differentiating phonological awareness instruction?


a.

Increasing the intensity of instruction by teaching in smaller group sizes.


b.

Expecting all children to be able to produce rhyming words at the same time of the year.


c.

Increasing the intensity of instruction by giving individual children more opportunities to respond.


d.

Supporting children's understanding of an activity by using visual supports.

Answers

The option that is not an example of good practice when differentiating phonological awareness instruction is (b) Expecting all children to be able to produce rhyming words at the same time of the year.

What is good practice?

Recognizing that children learn at various speeds and have varied degrees of preparedness is a key component of good practice in differentiating phonological awareness training. It is unrealistic to anticipate that all kids will develop at the same rate.

Each child's unique requirements and talents are taken into account while differentiating instruction. Therefore, it is inconsistent with the ideas of differentiation to expect all kids to be able to come up with rhymes at the same time of the year.

Therefore the correct option is b.

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Sort the following events by their impact on the U.S. economy. Determine whether each event shifts only the short-run aggregate supply (SRAS) curve, both the SRAS curve and the long-run aggregate supply (LRAS) curve, or neither.
Items (5 items) (Drag and drop into the appropriate area below)
Incomes in the United States increase by 5% in real terms.A new oil field is discovered just off the coast of Oregon, significantly increasing the national supply of oil.An innovation in irrigation makes U.S. farms more productive.A milder-than-usual winter produces a bumper citrus crop in Florida.
Shifts:
SRAS only
Canada cuts oil exports from the Alberta oil sands pending the outcome of an environmental review.
LRAS and SRAS
Drag and drop here
Neither

Answers

Output and input prices are both set in the short run, however they are both adjustable in the long run, which is the major distinction between the short-run aggregate supply (SRAS) and the long-run aggregate supply (LRAS).

What will cause the LRAS to shift right?

All production factors, including the size of the labour force, the size of the capital stock, the level of education, and worker productivity, affect the long run aggregate supply curve (LRAS). The LRAS curve would move to the right if there was an increase in investment or growth in the size of the labour force.

What causes a change in the aggregate supply curve over the long term? Long-term aggregate supply is affected by a variety of factors, including changes in labor, capital, natural resources, and technology.

As salaries decline over time, the SRAS moves to the right as a result of the drop in companies' cost of production. Until GDP reaches its potential, the SRAS keeps shifting.

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State Farm insurance company prints an ad in a national newspaper’s apartment rental section with a picture of a girl sitting on the edge of a tub full of water, blowdrying her hair while a plugged in toaster sits on the edge. The caption at the top of the ad reads, “Renting without State Farm is like...” Which need does this marketing ad emphasize for potential customers?

a. safety and security

b. physiological needs

c. esteem

Answers

Answer:

Safety and Security

Explanation:

Blow drying your hair over the tub isn't safe

The marketing ad emphasizes potential customers' need of safety and security.

An insurance company is a company that is responsible for selling insurance that protects our objects and even our lives in case they are affected.

For example, if I buy insurance for my car and someone steals it, the insurance company gives me a percentage of the value of the car so that my loss is not total.

In the case presenting the company, it presents an image of "risk" so that buyers understand the idea of danger and the need for safety and protection to have insurance that covers those possible accidents that occur.

So the correct answer is A. safety and security

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How can the federal reserve influence the interest rate on credit cards?
A. By shutting down credit card companies that set rates too high.
B. By raising taxes on companies that provide high-interest credit cards.
C.By adjusting the discount rate banks pay to borrow.
D.By setting up federal credit card companies with low rates.

Answers

Answer:

C. By adjusting the discount rate banks pay to borrow

Explanation:

A P E X

The federal reserve can influence the interest rate on credit cards by raising taxes on companies that provide high-interest credit cards. Thus, option B is appropriate.

The American financial system's heart is the Federal Reserve System. After a string of financial panics prompted the need for centralized supervision of the monetary system to prevent financial crises, it was established on December 23, 1913, following the passage of the Federal Reserve Act.

Banks and other lenders' interest rate-setting processes are influenced by Federal Reserve decisions. To finance anything from a car or home to your purchases using a credit card, higher Fed interest rates equate to more expensive borrowing charges.

Thus, option B is correct.

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What is market environment

Answers

Answer:

The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.

Explanation:

The internal factors relate to the company itself, such as owners, workers, materials, components, etc.

The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.

. What dangers do entrepreneurs face when they court equity investors to provide capital to finance their companies’

Answers

Answer:

Most entrepreneurs are risk-takers by nature, or at minimum calculated visionaries with a clear plan of action to launch a new product or service to fill a gap in the industry. On a personal level, many entrepreneurs take big risks to leave stable jobs to throw their efforts (and sometimes their own money) into launching a business.

Explanation:

For entrepreneurs, there is no guaranteed monthly income, no guarantee of success, and spending time with family and friends can be a challenge in the early days of launching a company. Here are some of the most common risks that every entrepreneur and investor should evaluate and minimize before starting a business.

10 problems Faced by Entrepreneurs in India While starting their business

Financing.

Lack of Planning.

Hiring the right talent.

Effective marketing within a limited budget.

Self-doubt and uncertainty.

Dealing with criticism.

Attractive Customers.

Making Decisions.

What button is used to format table text to make it interesting

Answers

Answer:

The table style 'Shading' button.

Department 1 of a two department production process shows: Units Beginning Work in Process 10,000 Ending Work in Process 50,000 Total units to be accounted for 160,000 How many units were transferred out to Department 2?

Answers

Answer:

20000 for ending work 100000 total & 320000 are accounted for

If you are a debt investor, how do you make money from your investment?

Answers

Explanation:

You trade to make money. Which is done by investing into a trade market

Answer:

Lending money and charging interest

Explanation:



Diana is crafting an email to her team about a new project that needs to start right away. In order for her team to act immediately, Diana should ensure
the message is

A) in writing.
B) spontaneous.
C) complete.
D) short.
E) in italics.

Answers

Answer:

E

Explanation:

Italic is used to emphasize.

Diana should ensure the message is complete.

Mail writing is the common mode of sending and exchanging information with business colleagues, clients, managers etc.

It is important that learn the basics on how to construct word to gain attention, how to design and other features that are essentials of an email application.

Since Diana is drafting a mail to her team and need the team to act immediately, she definitely needs to pass all information that will be needed to be communicated to her team, thus, her message must be complete.

However, some of E-mall etiquette that must be adhere to include:

Use of professional email addressIncluding a signature block Using professional salutations

In conclusion, a complete messages of this type passes all the information that might be needed to the colleague.

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1. 1 Was Jason right in wanting to start up his own company?
1.2 Did Craig make a good decision in giving up a potential $150,000 salary as aproject manager to work with Jason?
1.3 How does a project manager convince executives that they (the executives) are making bad business decisions? (Instruction: How many clients did they have? Who were their competitors and what was the financial strength of their competition?)
1.4 Is it true that some project managers put their careers at stake each time they take on a new project? If you were in Jason’s position, would you have sold the company?
1.5 If you were in Jason’s position, make a plan for your project to ask for a renewed contract from the Government.

Answers

Whether Jason was right in wanting to start his own company depends on various factors, such as his business acumen, market research, financial resources, and risk tolerance.

What is Risk Tolerance?

Risk tolerance refers to an individual's or organization's willingness and ability to accept and manage risk in pursuit of their goals or objectives. It is the degree of uncertainty or potential loss that an individual or organization is willing to accept in pursuit of potential gains. Risk tolerance can vary depending on various factors, such as an individual's or organization's financial situation, goals, time horizon, investment or business objectives, and personal or organizational risk appetite.

Whether Craig made a good decision in giving up a potential $150,000 salary as a project manager to work with Jason also depends on several factors, such as his motivation, confidence in the venture's success, and his personal career goals.

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What kind of business can you start without start up capital?​

Answers

Answer:

Blog or Vlog

Explanation:

you can start a daily life Blog in social media.

1) The standard cost to product one unit of product A includes 2 pounds of material at a standard cost of $ 4.00 per pound. During the month, 27,000 pounds of materials were purchased at a cost of $ 3.80 per pound and was used to produce 13,000 units of Product A
2) The standard labour cost to produce the unit includes 3 hours of work at an hourly rate of $ 10.00 per hour. For the month, 30,500 hours of labour are incurred at a cost of $ 10.10 per hour to produce 10,000 units.

You are asked to prepare reports showing:

a) The total materials Variance
b) The Price and Quantity materials Variance
c) The total Labour Variance
d) The Labour price and quantity Variance.

Answers

The preparation of reports showing the various required variances (total materials variance, the price and quantity materials variances, the total labor variance, and the labor price and quantity variances) are as follows:

a) The total materials Variance

= $1,400 Favourable ($104,000 - 102,600)

b) The Price and Quantity of Materials Variance:

1) Price of Materials Variance:

= $5,400 Favorable ($4.00 - $3.80) x 27,000

2) Quantity of Materials Variance:

= $4,000 Unfavorable (26,000 - 27,000) x $4.00

c) The total Labour Variance

= $8,050 Unfavorable ($30 - $30.805) x 10,500

d) The Labour price and quantity Variance

1) Labor Price Variance

= $3,050 Unfavorable ($10 - $10.10) x 30,500

2) Labor Quantity Variance

= $5,000 Unfavorable  (30,000 - 30,500) x $10

What variance analysis?

In cost accounting, variance analysis investigates the differences between actual costs and budgeted costs of materials, labor, and overhead.

Variance analysis helps management to take corrective actions after identifying the causes.

Data and Calculations:

Standard material cost for Product A = 2 pounds

Standard cost per pound = $4.00

Standard cost per unit = $8 ($4.00 x 2)

Total standard cost for materials = $104,000 ($8 x 13,000)

Purchase of materials = 27,000 pounds

Cost per pound = $3.80

Total purchase cost for materials = $102,600 ($3.80 x 27,000)

Production units = 13,000 units

Actal materials used per unit = 2.0769 pounds (27,000/13,000)

Actual cost per unit = $7.89 ($102,600/13,000)

Standard labor cost per unit = 3 hours

Standard rate of pay = $10

Standard labor cost per unit = $30 (3 x $10)

Totall standard labor hours = 30,000 (3 x 10,000)

Actual labor hours incurred = 30,500 hours

Labor rate per hour = $10.10

Total labor costs = $308,050 (30,500 x $10.10)

Production units = 10,000 units

Actual labor cost per unit = $30.805 ($308,050/10,000)

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what are the functions of business.

A) employee staff support personnel and logistics.
B) employment accounting marketing and management.
C) logistics social media the Internet and staffing.
D) production accounting and finance management administration human resources and sales and marketing.

Answers

The most likely answer is option D

A renovation of the gift shop at Orlando Amway Center has six activities (in hours). For the following estimates of a,m, and b, calculate the expected time and the standard deviation for each activitiy.
Activities a m b
a 11 15 19
b 27 31 41
c 18 18 18
d 8 13 19
e 17 18 20
f 16 19 22
I have calculated the expected times to be:
A= 15
B= 32
C= 18
D= 13.2
E= 18.2
F= 19

Answers

As, the expected time is being calculated as, expected time for an activity is calculated as : (a+4 m+b) / 6

What is the deviation?

The term deviation is defined as, a measurement that is used to find the difference between the observed numerical quantity and the expected value of a variable quantity.

Using the above formula, the expected time for each activity are:

Activity A = [11+(15x4)+19] / 6 = 90/6 = 15

Activity B = [27+(31x4)+41] / 6 = 192/6 = 32

Activity C = [18+(18x4)+18] / 6 = 108/6 = 18

Activity D = [8+(13x4)+19] / 6 = 79/6 = 13.2

Activity E = [17+(18x4)+20] / 6 = 109/6 = 18.2

Activity F = [16+(19x4)+22] / 6 = 114/6 = 19

Standard deviation for an activity is calculated as : (b-a)/6

Using the above formula, the standard deviation for each activity are :

Activity A = (19-11) / 6 = 8/6 = 1.3

Activity B = (41-27) / 6 = 14/6 = 2.3

Activity C = (18-18) / 6 = 0/6 = 0

Activity D = (19-8) / 6 = 11/6 = 1.8

Activity E = (20-17) / 6 = 3/6 = 0.5

Activity F = (22-16) / 6 = 6/6 = 1

Therefore, As a result, the expected time and the standard deviation for each activity are as follows.

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The following table contains statements that provide some analysis of policies that address the minimum wage. Categorize each of these statements as either positive or normative.
Statement Positive Normative
All Americans should earn more than $25,000 per year.
Raising the minimum wage increases the rate of unemployment.
The minimum wage should be raised to $15 per hour.
Raising the minimum wage reduces the number of employment
opportunities for low skilled workers.

Answers

Answer and Explanation:

The classification is as follows:

a. It is a normative statement as it discussed that there is an efficient wages for all types of workers for earnings

b. It is a positive statement that depend upon the facts and proofs as the leisure for workers would create more unemployment as compared to before

c. It is a normative statement

d. It is a positive statement as the workers who are less skilled they can be settled for the minimum wages as they dont get the highest paying jobs because these jobs would be belong to those workers who are highly skilled

issued 17-year bonds 2 years ago at a coupon rate of 9.8 percent. The bonds make semiannual payments. If these bonds currently sell for 102 percent of par value, what is the YTM

Answers

Answer: The YTM (Yield to Maturity) is 10.5%.

—Sincerely, a Junior in High School.
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