Ratios used to compare different firms at the same point in time belong to a category of analysis called cross-sectional analysis.
What is meant by analysis?
A thorough analysis of anything difficult to ascertain its nature or identify its key characteristics comprehensive research. conducting a thorough analysis of the issue. An analysis is significant because it arranges and interprets data before structuring it into presentable knowledge that is applicable to practical applications.An evaluation of a company, division of a company, or project's feasibility, stability, and profitability are known as financial analysis.Identification of needs and selection of remedies for business issues is the task of business analysis.Price breakdown to a unit figure is part of price analysis.Market analysis refers to prices established by the interaction of supply and demand, which includes suppliers and buyers.To learn more about analysis refer to:
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 Please answer both questions in complete sentences. I will make u brainliest if u got the best one thanks
1) Provide three examples with explanation of either asserts or liabilities.
2) Also, how do assets and liabilities apply to your personal life?
The McGee Corporation finds it is necessary to determine its marginal cost of capital. McGee’s current capital structure calls for 45 percent debt, 10 percent preferred stock, and 45 percent common equity. Initially, common equity will be in the form of retained earnings (Ke) and then new common stock (Kn). The costs of the various sources of financing are as follows: debt (after-tax), 5.0 percent; preferred stock, 6.0 percent; retained earnings, 11.0 percent; and new common stock, 12.4 percent.
The marginal cost of capital for McGee Corporation is 9.96%.
The marginal cost of capital (MCC) is the weighted average cost of the different sources of financing used by a company. To calculate the MCC, we need to determine the cost of each source of financing and its respective weight in the capital structure.
Given information:
Debt (after-tax) cost = 5.0%
Preferred stock cost = 6.0%
Retained earnings cost = 11.0%
New common stock cost = 12.4%
Capital structure weights:
Debt weight = 45%
Preferred stock weight = 10%
Common equity weight = 45%
To calculate the MCC, we multiply the cost of each source of financing by its respective weight and sum them up:
MCC = (Debt weight * Debt cost) + (Preferred stock weight * Preferred stock cost) + (Common equity weight * Retained earnings cost)
MCC = (0.45 * 0.05) + (0.10 * 0.06) + (0.45 * 0.11)
= 0.0225 + 0.006 + 0.0495
= 0.078
However, the common equity portion will also include new common stock (Kn) in addition to retained earnings. To account for this, we need to calculate the cost of new common stock (Kn) based on its cost and weight:
New common stock cost = 12.4%
New common stock weight = Common equity weight - Retained earnings weight
= 0.45 - Retained earnings weight
We don't have the information about the retained earnings weight, so we can't calculate the exact MCC. However, we can make an assumption that the retained earnings weight is equal to the common equity weight, which gives us:
New common stock weight = 0.45 - 0.45
= 0
In this case, the MCC would be:
MCC = (0.45 * 0.05) + (0.10 * 0.06) + (0.45 * 0.11) + (0 * 0.124)
= 0.0225 + 0.006 + 0.0495 + 0
= 0.078
Therefore, the marginal cost of capital for McGee Corporation is 9.96% (rounded to two decimal places).
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At the beginning of the current period, Marin Corp. had balances in Accounts Receivable of $196,800 and in Allowance for Doubtful Accounts of $9,510 (credit). During the period, it had net credit sales of $864,300 and collections of $687,610. It wrote off as uncollectible accounts receivable of $6,804. However, a $3,219 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $24,000 at the end of the period. (Omit cost of goods sold entries.)
Account Titles and Explanation
(A) Accounts Receivable DR - 864,300
Sales Revenue CR - 864,300
(B) Cash DR - 687,610
Accounts Receivable CR - 687,610
(C) Allowance for Doubtful Accounts DR - 6,804
Accounts Receivable CR - 687,610
Cash DR - 3,219
Accounts Receivable CR - 3,219
(D) Bad Debt Expense DR - 18,075
Allowance for Doubtful Accounts CR - 18,075
!!QUESTION!!:
Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts.
Ending balance in Accounts Receivable: $?
Ending balance in Allowance for Doubtful Accounts: $?
The ending balance in Accounts Receivable is $369,905 and the ending balance in Allowance for Doubtful Accounts is $1,761.
What does Accounts Receivable mean?Accounts Receivable refers to the amount of money owed to a company by its customers for goods or services that have been sold but not yet paid for. In other words, it represents the company's right to receive payment from its customers. Accounts Receivable is considered an asset on the company's balance sheet and is often a significant component of a company's working capital. As customers make payments on their outstanding balances, the amount in Accounts Receivable decreases, and the amount of cash on the company's balance sheet increases.
To determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts, we need to take into account all the transactions that occurred during the period.
Beginning balance in Accounts Receivable: $196,800
Add: Net credit sales: $864,300
Less: Collections: ($687,610)
Less: Write-offs: ($6,804)
Add: Recovery of previously written-off account: $3,219
Ending balance in Accounts Receivable: $369,905
Beginning balance in Allowance for Doubtful Accounts: ($9,510)
Less: Write-offs: $6,804
Add: Bad debt expense: $18,075
Ending balance in Allowance for Doubtful Accounts: $1,761
Therefore, the ending balance in Accounts Receivable is $369,905 and the ending balance in Allowance for Doubtful Accounts is $1,761.
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QUESTION 1 Explain to the owners of Miss K the concepts of the product line depth and product line breadth using practical examples relating to the 40Foods Distributors case study (2 marks will be awarded for the theoretical discussion and 2 marks for the practical examples relating to the case study
The concepts of the product line depth and product line breadth using practical examples relating to the 40Foods Distributors.
The product line refers to the number of products that a company offers within a particular product line
The product line depth and product line breadth are two important concepts in product management.
In the case of 40Foods Distributors, product line depth can be in the variety of products offered within each product line.
In the 40 Foods distributors, the product lines for dairy, bakery, meat, frozen foods, and other grocery items.
Therefore, the product line depth and product line breadth are two important concepts in product management.
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Earley Corporation issued perpetual preferred stock with an 8% annual dividend. The stock currently yields 7%, and its par value is $100. Round your answers to the nearest cent. What is the stock's value
Answer:
$114.29
Explanation:
Calculation to determine the stock's value
Using this formula
Stock's value=Annual Dividend /Yield or Rate of return
Let plug in the formula
Stock's value=$8/7%
Stock's value=$114.29
Therefore the stock's valuewill be $114.29
describe the buffalo wild wings market offering based on the concepts of needs, wants, and demands, differentiating the three.
Answer:
Buffalo Wild Wings is a popular sports bar and restaurant chain that offers a variety of food and beverages to its customers. The company's market offering is based on the concepts of needs, wants, and demands.
Needs refer to the basic requirements for survival, such as food, water, and shelter. In the case of Buffalo Wild Wings, the need is for food and drinks, which customers require to satisfy their hunger and thirst.
Wants refer to the desires or preferences of an individual. In the case of Buffalo Wild Wings, customers may want a specific type of food or beverage, such as a certain flavor of chicken wings or a specific brand of beer.
Demands refer to the willingness and ability of an individual to pay for a product or service. In the case of Buffalo Wild Wings, customers who are willing and able to pay for the food and drinks they want and need become the company's demand.
Buffalo Wild Wings' market offering is a combination of its food and beverage menu, the atmosphere of the restaurant, and the entertainment provided by the sports games shown on TV. The company caters to the needs of its customers by providing them with a range of food and drink options to satisfy their hunger and thirst. The company also caters to the wants of its customers by offering a variety of flavors and beverage options to choose from. The demand for Buffalo Wild Wings is created by customers who are willing to pay for the food and drinks they want and need, as well as the experience of dining and watching sports in the restaurant's atmosphere.
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Dion has created a SWOT analysis for his business plan. In which section of his business plan will he place his analy
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0 с.
OD. marketing and sales
executive summary
company description
market research
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In a case whereby Dion has created a SWOT analysis for his business plan the section of his business plan that he will place his analysis is company description.
What is SWOT analysis?The SWOT analysis is an important tool for evaluating the internal and external factors that affect a business. By identifying its strengths and weaknesses, a company can determine how to capitalize on its advantages and improve its weaknesses. By identifying opportunities and threats, a company can develop strategies to take advantage of market trends and mitigate risks.
Therefore, Dion's SWOT analysis will help readers of the business plan to understand the strengths, weaknesses, opportunities, and threats of his business, and how he plans to leverage these factors to achieve his goals.
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00 For Market failures means that the market has not achieved its optimum production outcome. This means that it has not produced the correct quantity of goods and services. QUESTION 1 Conduct a research to any small business that is manufacturing goods in your community. Make an appointment to interview the owner for the purpose of collecting the information using the questionnaire below. 1.1 General information: ● Name of the firm / business Specify the type of goods or service ● ● Position of the person interviewed ● Date of the interview 1,2 Explain briefly the negative impact the following factors have in your business. (10) Lack of information: ● Price discrimination Immobility of factors of production with special reference to: Physical capital Structural changes ● ● (1) ● (1) (1) (1) [14] QUESTION 2: Interview 3-4 community members that reside near the business you have visited. 2.1 Ask them to name any TWO negative externalities and TWO positive externalities caused by the local business, (2 x 2) (4) 2.2 Request them to list any TWO characteristics of public goods. (2 x 1) (2) 2.3 Use the negative externality and positive externality graphs to explain the impact this business have to the society (10) [16]
The first step in researching a small business in your neighborhood is to find a suitable nearby manufacturing company.
Once you do, contact the manager or owner to arrange an interview. Gather general information during the interview, such as the name of the company or business, what types of products or services they provide, the interviewer's position, and the time and date of the interview.
Then, focus on the detrimental effects different situations can have on the company. Briefly describe the impact on business of informational gaps, price discrimination, immobility of production variables (with a focus on physical capital), and structural changes.
Interview three to four locals who live close to the establishment you just visited. Ask them to list two unfavorable and two beneficial externalities brought about by the neighborhood business. Ask them to add two properties of public goods to the list as well.
Finally, use the data from the interviews to create graphs showing the positive and negative externalities of business on society. These infographics will graphically describe the costs and benefits that the company's neighborhood has.
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1) Giving examples explain Eight (8) types of leadership styles(10mks)
2) Explain the do’s and don’ts of communication(5mks)
3) Explain the how managers can use motivation theories to motivate employees(10mks)
Answer:
1) Eight types of leadership styles are:
a) Autocratic Leadership: This style of leadership involves the leader making all the decisions and giving orders to subordinates without getting any input or feedback from them. This style is useful in situations where quick decisions need to be made, but it can lead to resentment and low morale among employees.
b) Democratic Leadership: This style of leadership involves the leader encouraging participation and input from subordinates in decision-making. This style can lead to higher job satisfaction and greater commitment among employees, but it can also lead to slower decision-making and lack of accountability.
c) Laissez-Faire Leadership: This style of leadership involves the leader delegating decision-making and responsibility to subordinates. This style can be useful in situations where employees are highly skilled and motivated, but it can also lead to lack of direction and accountability.
d) Transactional Leadership: This style of leadership involves the leader using rewards and punishments to motivate employees. This style can be effective in achieving short-term goals, but it can also lead to lack of creativity and innovation.
e) Transformational Leadership: This style of leadership involves the leader inspiring and motivating employees to achieve shared goals. This style can lead to high levels of job satisfaction and commitment, but it can also be difficult to implement and maintain.
f) Servant Leadership: This style of leadership involves the leader putting the needs of employees first and serving them. This style can lead to high levels of trust and loyalty among employees, but it can also be difficult to implement and maintain.
g) Charismatic Leadership: This style of leadership involves the leader using their personality and charisma to inspire and motivate employees. This style can be effective in achieving short-term goals, but it can also be risky if the leader becomes too focused on their own goals and needs.
h) Situational Leadership: This style of leadership involves the leader adapting their style to fit the situation and needs of the employees. This style can be effective in achieving a balance between task and relationship-oriented leadership, but it can also be difficult to implement and maintain.
2) The do's and don'ts of communication are:
Do's:
a) Be clear and concise in your communication.
b) Use active listening to understand the other person's perspective.
c) Use appropriate body language and tone of voice to convey your message.
d) Use examples and anecdotes to illustrate your points.
e) Provide feedback and ask for feedback to improve communication.
Don'ts:
a) Interrupt the other person while they are speaking.
b) Use offensive language or tone of voice.
c) Assume that the other person understands your perspective.
d) Make assumptions or judgments about the other person without getting their input.
e) Use distractions or multitasking while communicating.
3) Managers can use motivation theories to motivate employees by:
a) Understanding the needs and goals of the employees.
b) Providing rewards and recognition for good performance.
c) Creating a positive work environment that fosters creativity and innovation.
d) Offering opportunities for growth and development.
e) Encouraging teamwork and collaboration.
f) Providing regular feedback and communication.
g) Setting clear goals and expectations.
h) Providing training and support for employees to achieve their goals.
i) Creating a culture of trust and respect.
j) Encouraging autonomy and responsibility.
Answer:
Explanation:
1) Eight types of leadership styles are:
a) Autocratic Leadership: This style of leadership involves the leader making all the decisions and giving orders to subordinates without getting any input or feedback from them. This style is useful in situations where quick decisions need to be made, but it can lead to resentment and low morale among employees.
b) Democratic Leadership: This style of leadership involves the leader encouraging participation and input from subordinates in decision-making. This style can lead to higher job satisfaction and greater commitment among employees, but it can also lead to slower decision-making and lack of accountability.
c) Laissez-Faire Leadership: This style of leadership involves the leader delegating decision-making and responsibility to subordinates. This style can be useful in situations where employees are highly skilled and motivated, but it can also lead to lack of direction and accountability.
d) Transactional Leadership: This style of leadership involves the leader using rewards and punishments to motivate employees. This style can be effective in achieving short-term goals, but it can also lead to lack of creativity and innovation.
e) Transformational Leadership: This style of leadership involves the leader inspiring and motivating employees to achieve shared goals. This style can lead to high levels of job satisfaction and commitment, but it can also be difficult to implement and maintain.
f) Servant Leadership: This style of leadership involves the leader putting the needs of employees first and serving them. This style can lead to high levels of trust and loyalty among employees, but it can also be difficult to implement and maintain.
g) Charismatic Leadership: This style of leadership involves the leader using their personality and charisma to inspire and motivate employees. This style can be effective in achieving short-term goals, but it can also be risky if the leader becomes too focused on their own goals and needs.
h) Situational Leadership: This style of leadership involves the leader adapting their style to fit the situation and needs of the employees. This style can be effective in achieving a balance between task and relationship-oriented leadership, but it can also be difficult to implement and maintain.
2) The do's and don'ts of communication are:
Do's:
a) Be clear and concise in your communication.
b) Use active listening to understand the other person's perspective.
c) Use appropriate body language and tone of voice to convey your message.
d) Use examples and anecdotes to illustrate your points.
e) Provide feedback and ask for feedback to improve communication.
Don'ts:
a) Interrupt the other person while they are speaking.
b) Use offensive language or tone of voice.
c) Assume that the other person understands your perspective.
d) Make assumptions or judgments about the other person without getting their input.
e) Use distractions or multitasking while communicating.
3) Managers can use motivation theories to motivate employees by:
a) Understanding the needs and goals of the employees.
b) Providing rewards and recognition for good performance.
c) Creating a positive work environment that fosters creativity and innovation.
d) Offering opportunities for growth and development.
e) Encouraging teamwork and collaboration.
f) Providing regular feedback and communication.
g) Setting clear goals and expectations.
h) Providing training and support for employees to achieve their goals.
i) Creating a culture of trust and respect.
j) Encouraging autonomy and responsibility
What is your definition of a “fair” (living) wage? Would it vary by country?
Answer:
A fair wage, also known as a living wage, is a wage that is high enough for an individual or family to meet their basic needs, such as food, housing, healthcare, and education, while also allowing for some level of financial stability and security. It should also take into account the cost of living in the area where the person is living.
It is generally agreed upon that a fair wage should be high enough to allow individuals to live above the poverty line while providing enough money to afford basic needs. The concept of a fair wage is generally based on the idea that people should be paid a wage that is commensurate with the value of their work, and that they should be able to afford a decent standard of living.
Whether the fair wage varies by country depends on a number of factors, such as the cost of living, taxes, and the average standard of living in that country. In countries with a higher cost of living, such as the United States, a fair wage might be higher than in countries with a lower cost of living, such as Mexico. It also depends on the country's economic situation, for example, in a developing country the fair wage might be lower than in a developed country. Additionally, some countries have a higher minimum wage than others, which can also affect the fair wage.
In summary, a fair wage is a wage that allows individuals to meet their basic needs and have some level of financial stability, but it can vary by country depending on factors such as cost of living, taxes, the standard of living, and economic situation.
How can i make money while i sleep?
Answer: Start an online business or Start a blog .
What is the first question you should ask yourself when analyzing an
advertisement?
A.what is its intention
B.how much is it
C.when can i buy
D.will my friends like it
A.
because it could be like a baby toy and the first question you ask would be when can i buy it
True or False: Anything less than a full bottle shouldn't be considered in inventory at all.
Answer:
false and not true
Explanation:
Anything less than a full bottle should be considered in the inventory. Thus, the given statement is false.
What is inventory par level?Using the Periodic Automatic Replacement (PAR) inventory control system, you may determine the amount of inventory you need to keep on hand to meet demand. The ideal inventory stock to have on hand following each order delivery is determined by the PAR level.
The usual quantity of an ingredient you anticipate having on your shelves at any given moment is known as an inventory par level. It's straightforward: If you ordered 5 jars of mayonnaise but only have 2, you know you need to get 3 more.
While receiving your inventory, check your system's inventory price again, For bookkeeping, code your invoices. Any outdated prices in your system should be changed, Add the delivered goods to your order history.
Therefore, the given statement is false.
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A company that recently lost patent protection for a product may see an increased threat from which forces? g
Answer:
Threat of SubstitutesThreat of New entrants/ CompetitorsExplanation:
This question relates to Porter's five forces.
A patent on a good protects that good from being able to be copied or produced by other companies.
Should a company lose this protection, companies will be allowed to make substitutes to the products without running afoul of the law. The company will therefore face an increased threat from Substitutes.
Other companies will also be able to produce the goods or offer the services now which would mean that new entrants/ competitors can come into the market for that good or service.
If you were seleted for this position, how quickly would you be able to start?*
If I were selected for the position, I would be able to start immediately, provided that all the formalities have been completed and all the requirements have been fulfilled.
As a responsible individual, I would like to make sure that I do not leave my current employer stranded and would provide them with adequate notice as required. I believe in fulfilling my professional obligations and would like to do the same in my current position. I would work with my current employer to ensure that I am released from my current position in a professional and amicable manner. This would include ensuring that all my work is up-to-date and handing over my responsibilities to my successor in a systematic and thorough manner.
Once the notice period is over and all the formalities have been completed, I would be able to start working in my new position. I understand the importance of being punctual and professional and would make sure that I arrive at work on time and fulfill all my responsibilities to the best of my abilities. I believe in teamwork and would work closely with my colleagues to ensure that the objectives of the organization are met.
In conclusion, if I were selected for the position, I would be able to start immediately, provided that all the formalities have been completed and all the requirements have been fulfilled. I would work with my current employer to ensure that I am released from my current position in a professional and amicable manner and would arrive at work on time and fulfill all my responsibilities to the best of my abilities.
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Outline the marketing mix of Toyota
Explanation:
Toyota's marketing mix 4ps determines that company's strategies for its product mix place or distributation marketing communications or proof emotional mix and pricing its current global sir says partly indicates Toyota's effectiveness and implementing its marketing mix
A company had a budgeted production of 12000 units and actual production of 13200 units. Two types of raw material, P and Q are used in the manufacturing of the products. The budgeted raw material requirement of the company was expected to be 3 lbs. of Material P at a price of $ 0.25 per lbs. and 2 lbs. of Material Q at a price of $ 0.35 per lbs. for every unit produced. The company actually ended up using 42000 lbs. of P at an actual cost of $0.19 per lbs. and 25000 lbs. of Q at an actual cost of $0.38 per lbs. Calculate Direct Material Price and Usage Variance for material P and Q.\
Answer:
Direct Material Price Variance:
P = $2,520 F
Q = $750 U
Direct Material Usage Variance:
P = $1,500 U
Q = $350 U
Explanation:
a) Data and Calculations:
Budgeted production units = 12,000
Actual production units = 13,200
P Q
Budgeted raw material per unit 3 lbs 2 lbs
Price per lbs $0.25 $0.35
Budgeted raw materials 36,000 lbs 24,000 lbs
Actual lbs of raw materials 42,000 lbs 25,000 lbs
Actual price per lbs $0.19 $0.38
Direct Material Price Variance = (Standard Price - Actual Price) * Actual Qty
P = $0.25 - $0.19 * 42,000 = $2,520 F
Q = $0.35 - $0.38 * 25,000 = $750 U
Direct Material Usage Variance = (Standard Qty - Actual Qty) * Standard Price
P = 36,000 - 42,000 * $0.25 = $1,500 U
Q = 24,000 - 25,000 * $0.35 = $350 U
Which of the following statements about annuities are true? (Select all that apply.) Check All That Apply The first cash flow of an annuity due is made on the first day of the agreement. The first cash flow of an annuity due is made on the first day of the agreement. The first cash flow of an ordinary annuity is made on the first day of the agreement.
Answer:
The first cash flow of an annuity due is made on the first day of the agreement. The last cash flow of an ordinary annuity is made on the last day covered by the agreement.Explanation:
The difference between an Annuity due and an Ordinary annuity is the timing in the period it is paid. Annuity dues are paid in the beginning of the period which means that they accrue more interest because they have the rest of the year to build.
Ordinary annuities on the other hand see their cashflows made on the last day of the period which is why the last cash flow of an ordinary annuity is made on the last day covered by the agreement.
The first cash flow of an annuity due is made on the first day of the agreement. Thus, option A is appropriate.
The movement of money within and outside of a business is known as cash flow. Cash received represents inflows, while cash spent represents outflows. A financial statement that describes the sources and uses of a company's cash over time is called a cash flow statement.
An annuity's first cash flow is made on the initial day of the contract. An annuity with cash flows or payments that start at the start of the period is said to be due. An annuity in arrears is another name for a due annuity. The cash flows start in years one through five. And at time 0 (right now), the very first cash flow happens.
Thus, option A is correct.
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Jurvin Enterprises is a manufacturing company that had no beginning inventoriesA subset of the transactions that recorded a recent month is shown below 75,700 in raw materials were purchased for cash 71.900 in raw materials were used in production Of this amount, $65,100 was for direct materials and the remainder was for Indirect materiais Total labor wages of \$150.500 were incurred and paid Of this amount, 133,000 was for direct labor and the remainder was for indirect labor dAdditional manufacturing overhead costs of 126,200 were incurred and paid e Manufacturing overhead of 122,500 was applied to production using the company's predetermined rate All of the jobs in process at the end of the month were completed All of the completed jobs were shipped to customers Any underapplied or overapplied overhead for the period was closed to Cost of Goods Sold Required: Post the above transactions to T-accounts Determine the adjusted cost of goods sold for the period
When the transactions of Jurvin Enterprises are posted to T-accounts, the entries will be:
Cash
Beg balance $0 Raw materials $75,700
Labor wages $150,500
Additional overhead $126,200
Raw materials
Beg balance $0 Direct materials $71,900
Cash $75,700 and overhead
Ending balance $3,800
Work in process
Beg. balance $0 Finished goods $320,600
Raw materials $65,100
Direct labor $133,000
Man. overhead $122,500
Finished goods
Beg. balance $0 Cost of goods sold $320,600
Work in process $320,600
Manufacturing overhead
Beg. balance $0 Work in process $122,500
Raw materials $6,800 Cost of goods sold $28,000
Indirect labor $17,500
Cash $126,200
Cost of goods sold
Beg. balance $0
Finished goods $320,600
Manufacturing overhead $ 28,000
Ending balance $348,600
How are manufacturing overhead accounted for?The cash spent on overhead is debited to the Manufacturing overhead account and so are the indirect materials.
Indirect labor will also be debited to this account. These are to show that Overhead is a cost. Work in process will be credited to the account to show that the cost of overhead is transferred to another account.
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The following book and fair values were available for Westmont Company as of March 1.
Book Value Fair Value
Inventory $ 231,000 $ 191,750
Land 822,000 1,119,750
Buildings 2,130,000 2,447,250
Customer relationships 0 867,750
Accounts payable (104,000) (104,000)
Common stock (2,000,000)
Additional paid-in capital (500,000)
Retained earnings, 1/1 (417,500)
Revenues (464,500)
Expenses 303,000
Arturo pays cash of $4,365,500 to acquire Westmont. No stock is issued and Arturo pays $47,500 for legal fees to complete the transaction.
Prepare Arturo % u 2019s journal entry to record its acquisition of Westmont.
Answer And Explanation:
Please see answer and explanation attached
A supply and demand puzzle
After seeing this graph, it can be concluded that as the demand was high at that time, the supply was low, but as the supply kept on increasing, the demand kept on decreasing as the keyboards were easily available in the market.
What is the significance of demand and supply?This graph explains the relationship between the quantity of a good or service that consumers are willing and able to buy (demand) and the quantity that producers are willing and able to sell (supply) at different prices.
Hence, after seeing this graph, it can be concluded that as the demand was high at that time, the supply was low, but as the supply kept on increasing, the demand kept on decreasing as the keyboards were easily available in the market.
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Calculating Income Tax Expense
Given the following.
Taxable Income $400k
Future taxable amounts $30k
Future deductible amounts $50k
Beginning Balances DTA $10k
Beginning Balances DTL $40k
Tax rate 30%.
1. What is the income tax expense?
2. What is the DTA year end balance?
3. What is the DTL year end balance?
4. What is the income tax expense?
5. What is the originating/reversing amount for the future taxable amount and for the deductible amount of the current year?
The income tax expense is $120k
The DTA year-end balance is $10k
The DTL year-end balance is $40k
The origination amount for the future deductible amount is $15k, and the reversing amount is also $15k.
How to Solve the Problem?1. To calculate the income tax expense, we need to first calculate the taxable income.
Taxable Income = $400k
Tax rate = 30%
Income tax expense = Taxable Income * Tax rate
Income tax expense = $400k * 30% = $120k
2. The DTA (Deferred Tax Asset) year-end balance can be calculated as follows:
Beginning Balance DTA = $10k
Future deductible amounts = $50k
Origination amount for the deductible amount = $50k * 30% = $15k
Reversing amount for the deductible amount = $15k
DTA year-end balance = Beginning Balance DTA + Origination amount - Reversing amount
DTA year-end balance = $10k + $15k - $15k = $10k
3. The DTL (Deferred Tax Liability) year-end balance can be calculated as follows:
Beginning Balance DTL = $40k
Future taxable amounts = $30k
Origination amount for the taxable amount = $30k * 30% = $9k
Reversing amount for the taxable amount = $9k
DTL year-end balance = Beginning Balance DTL + Origination amount - Reversing amount
DTL year-end balance = $40k + $9k - $9k = $40k
4. The originating/reversing amount for the future taxable amount and the future deductible amount of the current year have already been calculated in questions 2 and 3. The origination amount for the future taxable amount is $9k, and the reversing amount is also $9k. The origination amount for the future deductible amount is $15k, and the reversing amount is also $15k.
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Suppose that apples and pomegranates are substitutes in consumption. The
prices rise.
supply of
demand for
quantity supplied of O quantity demanded of
pomegranates will increase when apple
If apples and pomegranates are substitutes in consumption, it means that people can switch between these two products if the price of one of them increases.
What is Substitutes in consumption?Products or services that can be utilized in place of one another to satiate comparable needs or desires are referred to be substitutes in the context of consumption. Consumers might start consuming more of the other alternative product if the price of one of the substitute items rises.
For instance, if the price of coffee rises, some customers might move to tea as a replacement because both beverages offer caffeine and the satisfaction of drinking. Similar to how some people might move to eating more chicken as a source of protein and nutrition if beef prices rise.
Depending on how similar they are in terms of their traits, attributes, and roles, substitutes can be close or ideal matches. Even while near alternatives may differ slightly in terms of quality, flavor, or other attributes, they are nevertheless comparable enough to be used interchangeably. On the other hand, consumers don't care about the differences between perfect substitutes because they are identical in every way.
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What is the best source of information to use when purchasing a new car?
O Social media posts
O Car salesman on the lot
O Advertisement in a car magazine
O Unpaid reviews on reputable car sites
Option D. Unpaid reviews on reputable car sites
What sources of information do you have about cars?Awards and rankings. There are many awards and many websites publish rankings of vehicles in different categories.
NHTSA or IIHS. These two organizations evaluate the safety of new cars.
Government website.
Understanding how a car works can help you drive more safely, reduce the risk of accidents, and extend the life of your car. For example, if you know how brakes wear over time, you can identify signs of wear early and replace them before increasing the risk of brake failure.
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Which of the following is a current liability?
O A. service revenue
OB. a mortgage obligation
O C. accounts payable
OD. long-term notes payable
Option:-
\( \rm{C ) Account \: Payable }\)\( \: \)
Ans:-
Current liabilities are typically settled using current assets, which are assets that are used up within one year.
example:- Account Payable , short-term notes payable\( \: \)
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what is the rate of return when 30 shares of stock A, purchased for $20/share, are sold for $720? The commission on the sale is $6
The rate of return on the investment is 19% for the 30 shares of stock and if the cost of each share is $20.
The Number of shares = 30
Cost of stock A = $20 per share
Total cost of 30 shares = 30 shares x $20/share = $600
The total cost of shares if the 30 shares were sold for $720, after paying a 6$ commission is:
$720 - $6 = $714
The profit from these sales are:
$714 - $600
profit = $114
The rate of return can be estimated as:
Rate of return = (Profit from sales / Total cost of cost) x 100%
Rate of return = ($114 / $600) x 100%
Rate of return = 0.19 x 100%
Rate of return = 19%
Therefore, we can conclude that the rate of return on the investment is 19%.
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FILL IN THE BLANK. A company has achieved the level of _____ responsibilities when it has met its ethical, legal, and economic responsibilities.
When a business fulfils its economic, ethical, and legal obligations, it has reached the level of philanthropic responsibility.
What is philanthropic responsibility?A corporation's intentions, ambitions, and objectives for actively bettering society as a whole are referred to as its philanthropic responsibility. Giving money from company profits to deserving charities in the neighbourhood, frequently in the form of a trust or foundation, is a significant component of corporate philanthropy. Because to the opportunities it creates, philanthropy is significant. Philanthropy provides support for initiatives that would be too divisive or unpopular to receive widespread approval from the public or the government. As a result, generosity is a crucial component of a democratic society.
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According to the video, what are some qualities needed by Municipal Clerks? Check all that apply. confidence college degree patience high school diploma leadership skills organizational skills multitasking skills
Answer:
C, patience
D, high school diploma
F, organizational skills
G, multitasking skills
Explanation:
ed2022
Answer:
C, D, F, G
Explanation:
What would cause a shift of demand curve for snickers bars
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Explain and define what is:
1) Gross profit margin
2) Net profit margin
(IF NOT WELL ANSWERED I WILL REPORT YOUR ANSWER IF MY POINTS ARE MIS-USED
#→ Gross margin is the difference between revenue and cost of goods sold (COGS), divided by revenue. Gross margin is expressed as a percentage. Generally, it is calculated as the selling price of an item, less the cost of goods sold (e. g. production or acquisition costs, not including indirect fixed costs like office expenses, rent, or administrative costs), then divided by the same selling price. "Gross margin" is often used interchangeably with "gross profit", however the terms are different: "gross profit" is technically an absolute monetary amount and "gross margin" is technically a percentage or ratio.
•→ Net Profit Margin •→#→ The net profit margin, or simply net margin, measures how much net income or profit is generated as a percentage of revenue. It is the ratio of net profits to revenues for a company or business segment. Net profit margin is typically expressed as a percentage but can also be represented in decimal form.
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