Reasons why South African post office taking private courier companies to court(10)​

Answers

Answer 1

Answer:

Not sure how but could be for antitrust and breaching anti-competition laws. Unlikely cause could be for defamation


Related Questions

Connect information which relates.
Inside-out perspective Choose..
competitive intelligence
the organisation's goals and values
the resources and capabilities to achieve competitive advantage
the industry environment ​

Answers

Competitive intelligence bridges the gap between the organization's goals and values, the industry environment, and the resources and capabilities necessary to gain a competitive edge. The correct option is a.

Competitive intelligence plays a crucial role in connecting the organization's goals and values with the industry environment and the resources and capabilities required to achieve competitive advantage. Competitive intelligence involves gathering and analyzing information about competitors, market trends, and customer preferences to gain insights and make informed business decisions.

By understanding the industry environment through competitive intelligence, organizations can identify opportunities and potential threats. This knowledge helps align the organization's goals and values with the external factors impacting its success. For example, if the industry is shifting towards sustainable practices, an organization that values environmental responsibility can leverage this trend to enhance its competitive position.

Furthermore, competitive intelligence helps identify the resources and capabilities needed to achieve competitive advantage. It provides insights into the strengths and weaknesses of competitors, allowing organizations to benchmark their own capabilities and identify areas for improvement. This knowledge can guide strategic planning and resource allocation, ensuring that the organization aligns its resources with its competitive goals. The correct option is a.

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Farris Company reported the following information for its two products:

Product X Product Y
Selling price per unit
$ 25 $35
Variable cost per unit
15 20


Due to labor constraints, demand for each of the products is greater than its supply. Product X requires one hour of labor to produce and product Y requires three hours of labor to produce. Which of the following statements is true?

Answers

Answer: To determine which statement is true, we need to compare the contribution margin per unit of each product. The contribution margin is the amount by which the selling price exceeds the variable cost per unit, and it represents the amount of revenue available to cover fixed costs and contribute to profit.

Explanation: The contribution margin per unit for each product is calculated as follows:Product X: $25 selling price - $15 variable cost = $10 contribution margin per unitProduct Y: $35 selling price - $20 variable cost = $15 contribution margin per unitHowever, since Product Y requires three times as much labor as Product X, we need to consider the contribution margin per hour of labor:Product X: $10 contribution margin / 1 hour of labor = $10 contribution margin per hour of laborProduct Y: $15 contribution margin / 3 hours of labor = $5 contribution margin per hour of laborTherefore, the true statement is that Product X has a higher contribution margin per hour of labor than Product Y. Even though Product Y has a higher total contribution margin per unit, it requires more labor to produce, which reduces its contribution margin per hour of labor. As a result, if there is a labor constraint, it may be more profitable to produce more units of Product X rather than Product Y.

Choose one current event. Describe the event and discuss the economic implications of this event. What economic effects might this have at the individual and societal levels?

Answers

A current event that has had an impact on the economy is the recent coronavirus pandemic. The economic effects at the individual and economic level were the loss of jobs, the bankruptcy of micro-enterprises and economic scarcity.

How is an event capable of impacting the economy?

Macroeconomic factors such as health crises, politics and wars, for example, are capable of generating effects in society that directly impact the lives of individuals individually and collectively, by changing the laws of supply and demand and generating an economic imbalance.

Therefore, the pandemic is an example of a situation that contributed to the economic recession in the US, generated by the closure of companies during the quarantine period, impacting the entire sector, jobs and prices.

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Which of the following would appear in the cash flows from investing activities section of the statement of cash flows?
a. Cash received from stock issued
b. Cash received from bonds payable
c. Depreciation expense on equipment
d. Cash paid for equipment

Answers

The correct answer is:

d. Cash paid for equipment

Cash flows from investing activities include transactions related to the acquisition or sale of long-term assets such as property, plant, and equipment. Cash paid for the purchase of equipment would be categorized as an investing activity because it involves the outflow of cash for the acquisition of a long-term asset.

what is your analysis on walmart financial health as of january 2021 compare to 2022

Answers

Absolutely horrible In my opinion
I think the analysis is good compared to the year of 2021

Zachary Pointers Corporation expects to begin operations on January 1, year 1; it will operate as a specialty sales company that sells laser pointers over the Internet. Zachary expects sales in January year 1 to total $330,000 and to increase 15 percent per month in February and March. All sales are on account. Zachary expects to collect 68 percent of accounts receivable in the month of sale, 20 percent in the month following the sale, and 12 percent in the second month following the sale.
Required:
a. Prepare a sales budget for the first quarter of year 1.

b. Determine the amount of sales revenue Zachary will report on the year 1 first quarterly pro forma income statement.

c. Prepare a cash receipts schedule for the first quarter of year 1.

d. Determine the amount of accounts receivable as of March 31, year 1.

Answers

a. Year 1's first quarter sales budget: Month January February March Total Sales $330,000 $379,500 $436,425 Sales revenue for the first quarter of the year 1 pro forma income statement: $1,145,925

Prepare a sales budget for the first quarter of year 1.

Revenue January February March Total Sales $330,000 $379,500 $436,425 $1,145,925

Total $330,000 $379,500 $436,425 $1,145,925

c. The cash receipts plan for the first quarter of year 1 is as follows:

Month January February March Total Sales $330,000 $379,500 $436,425 $1,145,925 Collection $224,400 $145,725 $121,174 $491,299

Total amount of money: $224,400, $370,125, $491,299, $1,085,824

d. Receivables as of March 31 of the first year:

Month December January February March Total Opening balance$0 $49,500 $142,425 $191,925

Credit sales$330,000 $379,500 $436,425 $1,145,925

Less: accumulation$145,725 $121,174 $224,400 $491,299 Closing balance$105,600 $283,275 $457,676 $846,551

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Based on the relationship and agreement with the vendors, what are the 2 vendor workflow options to pay your vendors?

Answers

Answer:

1.Bill > Pay Bills

2.Create Purchase Order

Explanation:

Vendors plays a very important role in any industry or in organization. Sometimes they are also known as the suppliers. They supplies or provides few raw materials or few components to the client company which in an integral or a very important part or component of the company's product that they manufacture.

And there is an agreement between the client company and the vendor about the payment systems. The client company releases a purchase order for the order of the parts that they are going to buy from the vendor and places the order.  The vendor after receiving the PO or the purchase order sends the ordered parts or items to the client company with an invoice showing the details of costing of the items. After that the client company pays the bill to the vendor company.

given quyens timeline below, which of the following events would prevent her from achieving her career goal on time as planned

given quyens timeline below, which of the following events would prevent her from achieving her career

Answers

The answer is B because she wouldn’t do any of the other if she fail the test

Missing the deadline for vocational school applications would prevent her from achieving her career goal on time as planned. Since it will delay the process by one year. Therefore, A is the correct option.

What are vocational schools?

Vocational schools are educational institutions in a country which either means secondary or post-secondary schools which provide vocational or career-related training which is required in a specific job or career field. This school attempts to make industry-ready professionals which are skilled and trained to perform the tasks of the industry in an efficient manner.

In present times, vocational training along with academic education is one of the most important tasks an individual should pursue. Trained and qualified professionals will work competitively which will in turn give a great output for the industries.

So missing the deadline for vocational school applications would prevent quyens from achieving her career goal of becoming a hairdresser on time. Therefore, A is the correct option.

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True or False? The placement of a product within a store, or online, can determine the sales performance of that product.

Answers

F

Product Placement. a form of advertising in which name brand goods are placed in sports & entertainment programs. embedded marketing.

Answer:

true

Explanation:

What is the definition of a growth stock?

Answers

Answer:

In finance, a growth stock is a stock of a company that generates substantial and sustainable positive cash flow and whose revenues and earnings are expected to increase at a faster rate than the average company within the same industry.

Explanation:

NU YU announced today that it will begin paying annual dividends. The first dividend will be paid next year in the amount of $.59 a share. The following dividends will be $.64, $.79, and $1.09 a share annually for the following three years, respectively. After that, dividends are projected to increase by 3.9 percent per year. How much are you willing to pay today to buy one share of this stock if your desired rate of return is 13 percent? Multiple Choice $9.87 $12.45 $2.47 $13.04 $12.93

Answers

Answer:

$9.87

Explanation:

The first step is to find the present value of the dividend in the first stage

Present value can be found using a financial calculator

D1 = $.59

D2 = $.64

D3 = $.79

D4 = $1.09

I = 13%

Present value = $2.24

value in the stage of indefinite growth = $1.09(1.039) / (0.13 - 0.039) = 1.132510 / 0.091 = 12.45

Present vale of the stage of indefinite growth = 12.45 / 1.13^4 = 7.64

$7.64 + $2.24 = $9.87

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

If leaseplan continues its diversity management activities, as described in the case, select the most closely aligned statistics to ots potential outcome

Answers

Tolerate is Thomas's generic action options for managing diversity is most illustrated in the case. Thus, option D is correct.

What is diversity?

Diversity can be defined as the part of the workforce where there is a significant benefit to having a diverse workforce; this can be based on social or ethnic background; this is the state of the variety of people employed in the company.

The lease plan is satisfied that there is gender diversity, which is supported. As there are various numbers of male as well as female employees that are a part of the lease plan. As the number of women working in the company grows, this will demonstrate how the other gender is treated.

Therefore, option D is correct.

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The question is incomplete, Complete question probably will be  is:

Leaseplan Effectively Manages Diversity The term, glass ceiling, was used to represent an absolute barrier or solid roadblock that prevented women from advancing to higher-level positions. The ceiling resulted in women finding themselves stuck in lower-level jobs, ones that did not have profit and loss responsibility, and jobs with less visibility, power, and influence. This scenario is changing. This case illustrates the Leaseplan Effectively Manages Diversity The term, glass ceiling, was used to represent an absolute barrier or solid roadblock that prevented women from advancing to higher-level positions. The ceiling resulted in women finding themselves stuck in lower-level jobs, ones that did not have profit and loss responsibility, and jobs with less visibility, power, and influence. This scenario is changing. This case illustrates the impact motivated leadership and changing company policies can have on gender diversity in the workplace. According to the United States Department of Labor, compared to women comprising 21 percent of the workforce in 1920, women comprised nearly half of the workforce in the United States in 2013, making gender diversity issues more and more important. This activity asks you to identify and apply your knowledge of such aspects of diversity. Read the case below and answer the questions that follow. In 2003, the representatives of LeasePlan USA's top customers were mostly women, as was the majority of the company's employees. However, men represented a large majority of top managers at the company, reflecting the old-boys network type culture that dominated the fleet industry. New leadership decided to change this and provided career counseling to women, revised reward systems to focus on performance instead of seniority, and replaced some existing managers. Two years ago, only one of seven top executives was a woman. Now, three of the top eight executives are women. The company's new chief executive claims that these changes are motivated by strategy rather than political correctness. He says, "LeasePlan doesn't build anything...Our sustainable competitive advantages are people." LeasePlan now also implements a development program catered specifically for female employees. The program includes skills assessments, career guidance, communications, brand building, and panel discussions with female executives from other companies. Which of Thomas's generic action options for managing diversity is most illustrated in the case? Multiple Choice suppress

isolate

deny

include/exclude

tolerate

For BUL's financial statement, list the accounting captions that would be most impacted by the two transactions and consider the potential impact (i.e. 'lower'
or 'higher') for each.

Answers

Answer:

For BUL's financial statement, the two transactions will likely have the most impact on the captions of assets, liabilities, and equity. The assets and liabilities may increase or decrease depending on the nature of the transactions, while the equity will likely increase or decrease accordingly. For example, if BUL buys new assets or takes on debt, the assets and liabilities will increase respectively, while the equity will decrease. On the other hand, if BUL sells assets or pays down debt, the assets and liabilities will decrease respectively, while the equity will increase

Explanation:

Brower corporation owns a manufacturing plant in the country of Oust. On December 31, 20X1, the plant had a book value of $5,000,000 and an estimated fair value of $8,000,000. Oust's government has clearly indicated that it will expropriate the plant during the coming year and will reimburse Brower for only 40% of the plant's estimated fair value.



Required:

What journal entry (if any) should Brower make on December 31, 20X1, to record the intended expropriation? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Answers

The journal entry is Brower make on December 31, 20X1, to record the intended expropriation as: Estimated loss on expropriation of foreign plant (Dr.) and Allowance for estimated loss on foreign plant (Cr.).

What do you mean by Journal Entry?

An entry in your journal serves as a record of a transaction in your company's books. For every transaction, at least two journal entries must be made in double-entry bookkeeping.

A bookkeeper records all of the changes that a transaction can bring about in a firm because they can be rather numerous.

Here,

Estimated loss = 5 million - 3.2 million

Estimated loss = $1.8 million

Therefore, the  journal entry is Brower make on December 31, 20X1, to record the intended expropriation as:

Estimated loss on expropriation of foreign plant (Dr.)             1,800,000

Allowance for estimated loss on foreign plant (Cr.)                  1,800,000

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consider ktu as a production system in which the final product is graduate for this
a) define quality form the producers and consumers perspective
b) develop fitness for use description for final product quality
c) give examples of the cost of poor quality ( internal and and external failure cost ) and the cost of quality assurance ( prevention and appraisal) costs.

Answers

C because I did this task
To bredc

What amount must be set aside now to generate payments of $30,000 at the beginning of each year for the next 11 years if money is worth 5.95%, compounded annually? (Round your answer to the nearest cent.)

Answers

The amount that must be set aside in the present, to generate payments of $30, 000 for the next 11 years is  $251,326.61

How to find the amount to set aside?

The $30, 000 generated each year is an annuity which means that the amount to be set aside today is the present value of the annuity.

Because the payments come at the beginning of the year, this is an annuity due which means that we are looking for the present value of an annuity due.

This present value can be found as:

= Annuity amount x Present value of annuity due factor, 11 years, 5.95%

= 30, 000 x 8.38

= $251,326.61

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9.
How is nominal GDP converted into real GDP?
O by eliminating the effects of price increases on GDP growth
O by adding all incomes earned to total expenditures by consumers, businesses, and government
O by adding the contributions of American-owned factories in foreign countries
O by adding up all of the real purchases made in the economy

Answers

A. By eliminating the effects of price increases on GDP growth. Nominal GDP is calculated using the current prices while Real GDP is adjusted for inflation.

Answer:

by eliminating the effects of price increases on GDP growth

Explanation:

To correct for an increase in prices, economists establish a set of constant prices by choosing one year as a base year and using this base year to calculate real GDP for other years.

The following is select financial statement information from Vortex Computing:
Year
2018
2019
2020
Net Credit Sales
$1,557,200
$1,755,310
$1,865,170
Ending Accounts Receivable
$398,000
$444,400
$500,780

The following is select financial statement information from Vortex Computing:Year201820192020Net Credit

Answers

Answer:

Explanation:

can i get the answer

Accounts Receivable Turnover Ratio (2019) =  4.16 times

Number of Days' Sales in Receivable (2019) = 88 (approx) days

Accounts Receivable Turnover Ratio (2020) = 3.95 times

Number of Days' Sales in Receivable (2019) = 92 (approx) days

For calculating the ratio:

Average Accounts Receivable(AAR) = (Beginning Accounts Receivable + Ending Accounts Receivable) / 2

Accounts Receivable Turnover Ratio(ARTR) = Net Credit Sales / Average Accounts Receivable

Number of Days' Sales in Receivable(NDSR) = 365 days / Accounts Receivable Turnover Ratio

For 2019,

Average Accounts Receivable(AAR) =  ($398,000 + $444,400) / 2 = $421,200

Net Credit Sales (2019) = $1,755,310

ARTR (2019) = $1,755,310 / $421,200 = 4.16 times

NDSR (2019) = 365/4.16 = 87.98 ≈ 88 days(approx)

For 2020

AAR(2020) = ($444,400 + $500,780) / 2 = $472,590

Net Credit Sales (2020) = $1,865,170

ARTR (2020) = $1,865,170 / $472,590 = 3.95 times

NDSR (2020) = 365 days / 3.95 = 92.41 ≈ 92 days (approx) days

Vortex Computing is below the industry average as their ARTR (2020) is 3.95 while for the industry it is 4.00 times.

Vortex Computing's days' sales in receivable ratio for 2020 is approximately 92 days, while the industry average is 91.25 days.

It should be noted that these are a partial view of the company's financial health, and other factors such as profitability ratio, liquidity, and overall industry conditions should be considered when evaluating an investment in Vortex Computing.

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assignments. If you have questions about how to cite written course material from Canvas, please visit this
page.
Review the rubric for grading details before you begin. Clearly answer each question in complete sentences.
Answer the following:
1. What are the Satisfactory Academic Progress (SAP) standards at EGCC? Provide the specific
benchmarks.
2. Why is SAP important?
3. Explain what it means to drop a course during the drop period. When can this be done?
4. Explain what it means to withdrawal from a course. What is the withdrawal process and how
does it affect SAP?
5. Explain the procedure for non-attendance drops during the drop period.
6. How does not attending a course after the drop period affect SAP if the proper withdrawal
procedure is not followed?
Submit Assignment

Answers

According to the Standard for Qualitative Satisfactory Academic Progress, a student is said to be meeting the qualitative component of SAP, which is a "C" average, if they have earned a 2.0 cumulative grade point average (CGPA).

What is the Standard for Qualitative Satisfactory Academic Progress about?

A certificate or degree candidate who successfully completes all required coursework has made satisfactory academic progress (SAP). The Office of Student Financial Aid is required by federal requirements to keep tabs on the academic performance of students who are receiving financial aid.

Standards for Satisfactory Academic Progress (SAP) make sure you're effectively finishing your education so you can keep receiving financial help. All students who receive financial aid must adhere to SAP requirements.

Dropping a course during the drop period refers to dropping out of a course by a specific date. The majority of universities will provide you precise dates for adding and dropping classes.

It should be noted that once you droppel a class, you no longer have to attend it, and you will no longer receive a grade in that course.

All financial aid obtained for the semester or summer term must be repaid in full by students who never showed up for any of their classes and did not turn in any homework. Once a student has registered for a class, their obligation to pay the tuition is not absolved by their absence.

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The corridor deductive derives its name from the fact that it is applied between the basic coverage and the:

Answers

Health insurance protects against unlooked-for high medical charges. This is option A.

The Franchise Benefit gets its name from being placed between introductory insurance and general health insurance.

Health insurance protects against suddenly high medical charges. The quantum you pay for covered healthcare before your insurance company begins paying.

For illustration, with a $2,000 deductible, you pay the first $2,000 of covered benefits yourself. With health insurance, you profit from the capability to find help near you.

Peace of mind and lower solicitude knowing you are covered. Access affordable care and health information to stay healthy.

Question:

The corridor deductible derives its name from the fact that it's used between the primary insurance and the

A) Primary health insurance

B) Full payment of costs

C) Periodic expenditure content

D) confined compass

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Swifty Company purchased a delivery truck for $26,000 on January 1, 2020. The truck has an expected salvage value of $1,000, and is expected to be driven 100,000 miles over its estimated useful life of 10 years. Actual miles driven were 12,800 in 2020 and 12,000 in 2021. (a1) Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation expense $ per mile

Answers

Answer:

$0.25 per mile

Explanation:

The computation of the depreciation expense per mile under units-of-activity method is shown below;

= (Purchase cost - expected salvage value) ÷ estimated driven miles

= ($26,000 - $1,000) ÷ 100,000 miles

= $0.25 per mile

Hence, the depreciation expense per mile under units-of-activity method is $0.25 per mile

The unadjusted trial balance of the Manufacturing Equitable at December 31, 2021, the end of its fiscal year, included the following account balances- Manufacturing's 2021 financial statements were issued on April 1, 2022

Accounts receivable $100,000
Accounts payable 48,400
12% notes, payable to bank 628,000
Mortgage note payable 12,30,000

Other information:
a. The bank notes, issued August 1, 2021, are due on July 31, 2022, and pay interest at a rate of 12%, payable at maturity.
b. The mortgage note is due on March 1, 2022. Interest at 11% has been paid up to December 31 (assume 11% is a realistic rate). Manufacturing intended at December 31, 2021, to refinance the note on its due date with a new 10-year mortgage note. In fact, on March 1, Manufacturing
paid $385,000 in cash on the principal balance and refinanced the remaining $1,020,000.
c. Included in the accounts receivable balance at December 31, 2021, were two subsidiary accounts that had been overpaid and had credit balances totaling $18,550. The accounts were of two major customers who were expected to order more merchandise from Manufacturing and
apply the overpayments to those future purchases.
d. On November 1, 2021, Manufacturing rented a portion of its factory to a tenant for $34,800 per year, payable in advance. The payment for the 12 months ended October 31, 2022, was received as required and was credited to rent revenue.

Required:
1. Prepare any necessary adjusting Journal entries at December 31, 2021, pertaining to each item of other information (a—d).
2. Prepare the current and long-term liability sections of the December 31, 2021, balance sheet.

Answers

The unadjusted trial balance of the Manufacturing Equitable at December 31, 2021, the end of its fiscal year, included the following account balances- Manufacturing's 2021 financial statements were issued on April 1, 2022

Accounts receivable $100,000

Accounts payable 48,400

12% notes, payable to bank 628,000

Mortgage note payable 12,30,000

Other information:

a. The bank notes, issued August 1, 2021, are due on July 31, 2022, and pay interest at a rate of 12%, payable at maturity.

b. The mortgage note is due on March 1, 2022. Interest at 11% has been paid up to December 31 (assume 11% is a realistic rate). Manufacturing intended at December 31, 2021, to refinance the note on its due date with a new 10-year mortgage note. In fact, on March 1, Manufacturing

paid $385,000 in cash on the principal balance and refinanced the remaining $1,020,000.

c. Included in the accounts receivable balance at December 31, 2021, were two subsidiary accounts that had been overpaid and had credit balances totaling $18,550. The accounts were of two major customers who were expected to order more merchandise from Manufacturing and

apply the overpayments to those future purchases.

d. On November 1, 2021, Manufacturing rented a portion of its factory to a tenant for $34,800 per year, payable in advance. The payment for the 12 months ended October 31, 2022, was received as required and was credited to rent revenue.

Required:

1. Prepare any necessary adjusting Journal entries at December 31, 2021, pertaining to each item of other information (a—d).

2. Prepare the current and long-term liability sections of the December 31, 2021, balance sheet.The unadjusted trial balance of the Manufacturing Equitable at December 31, 2021, the end of its fiscal year, included the following account balances- Manufacturing's 2021 financial statements were issued on April 1, 2022

Accounts receivable $100,000

Accounts payable 48,400

12% notes, payable to bank 628,000

Mortgage note payable 12,30,000

Other information:

a. The bank notes, issued August 1, 2021, are due on July 31, 2022, and pay interest at a rate of 12%, payable at maturity.

b. The mortgage note is due on March 1, 2022. Interest at 11% has been paid up to December 31 (assume 11% is a realistic rate). Manufacturing intended at December 31, 2021, to refinance the note on its due date with a new 10-year mortgage note. In fact, on March 1, Manufacturing

paid $385,000 in cash on the principal balance and refinanced the remaining $1,020,000.

c. Included in the accounts receivable balance at December 31, 2021, were two subsidiary accounts that had been overpaid and had credit balances totaling $18,550. The accounts were of two major customers who were expected to order more merchandise from Manufacturing and

apply the overpayments to those future purchases.

d. On November 1, 2021, Manufacturing rented a portion of its factory to a tenant for $34,800 per year, payable in advance. The payment for the 12 months ended October 31, 2022, was received as required and was credited to rent revenue.

Required:

1. Prepare any necessary adjusting Journal entries at December 31, 2021, pertaining to each item of other information (a—d).

2. Prepare the current and long-term liability sections of the December 31, 2021, balance sheet.The unadjusted trial balance of the Manufacturing Equitable at December 31, 2021, the end of its fiscal year, included the following account balances- Manufacturing's 2021 financial statements were issued on April 1, 2022

Accounts receivable $100,000

Accounts payable 48,400

12% notes, payable to bank 628,000

Mortgage note payable 12,30,000

Other information:

a. The bank notes, issued August 1, 2021, are due on July 31, 2022, and pay interest at a rate of 12%, payable at maturity.

b. The mortgage note is due on March 1, 2022. Interest at 11% has been paid up to December 31 (assume 11% is a realistic rate). Manufacturing intended at December 31, 2021, to refinance the note on its due date with a new 10-year mortgage note. In fact, on March 1, Manufacturing

paid $385,000 in cash on the principal balance and refinanced the remaining $1,020,000.

c. Included in the accounts receivable balance at December 31, 2021, were two subsidiary accounts that had been overpaid and had credit balances totaling $18,550. The accounts were of two major customers who were expected to order more merchandise from Manufacturing and

apply the overpayments to those future purchases.

d. On November 1, 2021, Manufacturing rented a portion of its factory to a tenant for $34,800 per year, payable in advance. The payment for the 12 months ended October 31, 2022, was received as required and was credited to rent revenue.

Required:

1. Prepare any necessary adjusting Journal entries at December 31, 2021, pertaining to each item of other information (a—d).

2. Prepare the current and long-term liability sections of the December 31, 2021, balance sheet.

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Assume a nominal interest rate on one-year US Treasury Bills of 4.60% and a real rate of interest of 2.50%. Using the Fisher Effect Equation, what is the approximate expected rate of inflation in the US over the next year

Answers

Answer:

2.0488%

Explanation:

Fisher Effect Equation = ( 1 + nominal rate ) = ( 1 + inflation rate ) x (1 + real rate)

= ( 1 + 0.046) = ( 1 + inflation rate ) x (1 + 0.025)

( 1 + inflation rate )  = ( 1 + 0.046)  / (1 + 0.025)

( 1 + inflation rate )  = 1.020488

Inflation rate = 1.020488 - 1 = 0.020488 = 2.0488%

Benchmark Company is viewed as the best company in Iffy's industry, the company against which all other companies in the industry compare themselves.

Which ONE of the following statements is TRUE?

The following DuPont framework ratios are for Iffy Company and Benchmark Company:

Iffy | Benchmark
Return-on-Sales (5%%) | (7%)

Asset Turnover (2.0) | (1.5)

Assets-to-Equity (2.0) | (2.0)

Answers

(B) Iffy | Benchmark Return-on-Sales (5%%) | (7%) is true about Benchmark Company is viewed as the best company in Iffy's industry

what is Benchmark ?

Benchmarking is the process of contrasting corporate procedures and performance indicators with industry benchmarks and other businesses' best practices. The three main metrics are quality, time, and cost.

What is a benchmark example?

Benchmarks, for instance, could be used to compare the operations of one retail location with those of another location in the same chain. External benchmarking, also known as competitive benchmarking, evaluates a company's performance in relation to that of other businesses.

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Slinky established a petty cash fund for $400. Slinky purchased 50 units of inventory from a supplier on credit. The goods cost $40 each and the credit terms were 5/10, n/30. The shipping costs, paid in cash by Slinky, were $100 under the terms FOB Shipping. Slinky received the inventory on July 3rd. Slinky returned 5 units of inventory from the July 3rd transaction to the supplier. Slinky sold 15 of the units purchased on July 3rd for $55 each to customers for cash. Slinky accepted a return of one unit of inventory from a July 6th customer for a cash refund. Slinky paid the supplier for one-half of the inventory purchased on July 3rd. Be sure to account for any returns and/or purchase discounts. Slinky used $40 out of petty cash to pay for coffee meeting (coffee expense). Slinky purchased 10 units of inventory from a supplier on credit. The goods cost $25 each and no credit terms were granted. The shipping costs were $50 under the terms FOB destination and Slinky received the inventory on November 2nd Slinky paid the remaining balance owed to the supplier from the July 3rd transaction. Slinky replenished petty cash.

Required:
Prepare Journal Entries for July

Answers

Answer:the answer is

Explanation:

i have    400 and the 50 units

Sylvia Baxter reaches an agreed upon selling

Answers

When Sylvia Baxter reaches an agreed-upon selling price, it means that she and the buyer have negotiated and come to a mutual agreement on the price at which the item or property will be sold, and they have signed a legally binding sales agreement or contract.

Based on the information you provided, Sylvia Baxter has reached an agreed-upon selling price for a particular item or property. This means that she and the buyer have come to a mutual agreement on the price at which the item or property will be sold.
When negotiating a selling price, it's important for both parties to consider several factors, such as the current market value of the item or property, its condition, and any unique features or attributes that may affect its value. Additionally, both parties should be clear about any terms and conditions of the sale, such as the date of transfer of ownership, any repairs or renovations that need to be made before the sale, and any financing or payment arrangements.
Once the selling price has been agreed upon, both parties will typically sign a sales agreement or contract that outlines the terms of the sale. This document serves as a legally binding agreement between the buyer and seller and ensures that both parties are aware of their rights and obligations.
In summary, when Sylvia Baxter reaches an agreed-upon selling price, it means that she and the buyer have negotiated and come to a mutual agreement on the price at which the item or property will be sold, and they have signed a legally binding sales agreement or contract.

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An investment banking firm upgraded Skechers, saying it could rise 40%. What do you think, buy, short, stay away? why?

Answers

Answer: Buy

Explanation: Because i have been listening to rich dad poor dad and skechers is a big brand and all that but it will get you your money back and the money will work for you ... sorry if i'm wrong

To manufacture protective cases and keep its operations running smoothly, Connie’s Case Creations makes purchases from a number of suppliers. Using the drop down menu, match the description of each purchase with the corresponding business-product classification.
Purchase of large-scale machinery to mold each case.
Purchase of cleaning fluids for maintaining manufacturing equipment.
Purchase of accounting services for tax preparation.
Purchase of bulk plastics to be molded into cases.
Purchase of multifunction laser printers for office use.
Purchase of leather straps to be fastened to finished cases.
Purchase of plastic glues to attach decorations to finished cases.

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Answer:

Purchase of large-scale machinery to mold each case.- Major Equipment

Major equipment are large scale type assets.

Purchase of cleaning fluids for maintaining manufacturing equipment - Supply

Supply goods are bought to enable the company maintain their equipment.

Purchase of accounting services for tax preparation - Business Service

They are services purchased to maintain the business.

Purchase of bulk plastics to be molded into cases - Raw Materials

These are the commodity goods that will be used to make finished products.

Purchase of multifunction laser printers for office use - Accessory Equipment  

Accessory equipment are light in nature but are still needed to help in the operations of the business.

Purchase of leather straps to be fastened to finished cases - Component Part

Purchase of plastic glues to attach decorations to finished cases - Process Material

These are products that will be used in the production process.

1. Discuss the various system for internal administration for financial organisation.​

Answers

Financial organizations implement various internal administration systems like AIS, ERP, budgeting systems, TMS, risk management systems, and DMS to enhance efficiency, accuracy, and control over financial operations.

Financial organizations implement various systems for internal administration to streamline their operations and ensure effective financial management. Here are some key systems commonly utilized:

Accounting Information System (AIS): AIS is a comprehensive software system that enables financial organizations to record, process, and report financial transactions. It helps automate tasks such as general ledger management, accounts payable/receivable, financial reporting, and budgeting.

Enterprise Resource Planning (ERP) System: ERP systems integrate various departments and functions within a financial organization, including finance, human resources, procurement, and customer relationship management. By consolidating data and workflows, ERP enhances efficiency, collaboration, and data accuracy.

Budgeting and Financial Planning System: This system assists in creating and managing budgets, financial forecasts, and strategic planning. It enables organizations to allocate resources, track expenses, monitor performance, and make informed financial decisions.

Treasury Management System (TMS): TMS focuses on optimizing cash and liquidity management, risk management, and investment strategies. It facilitates efficient cash flow management, bank reconciliation, debt management, and compliance with regulatory requirements.

Risk Management System: Financial organizations employ risk management systems to identify, assess, and mitigate various types of risks, such as credit risk, market risk, operational risk, and regulatory compliance.

These systems enable organizations to implement risk mitigation strategies, monitor risk exposures, and maintain regulatory compliance.

Document Management System (DMS): DMS centralizes the storage and retrieval of financial documents, such as contracts, invoices, and financial reports. It ensures document security, version control, and easy access, facilitating efficient document management and audit trails.

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Explain the meaning of environmental scanning. Illustrate with examples the
relevance of technological, political, economic, social, and regulatory environments
in the context of marketing strategy. How managers are involved in environmental
scanning?

Answers

Environmental scanning refers to the process of gathering and analyzing information about the external factors that can impact an organization's business environment.

Technological factors include advancements in technology, such as the rise of e-commerce, mobile applications, or automation, which can create new marketing channels or change consumer behaviors.

Political factors encompass government policies, regulations, and political stability that can impact marketing strategies. For example, changes in trade policies or regulations related to data privacy can influence international marketing activities.

Economic factors include economic conditions, such as inflation rates, exchange rates, or consumer purchasing power, which can affect consumer behavior and demand for products or services.

Social factors refer to societal trends, cultural norms, and consumer preferences that can influence marketing strategies. For instance, shifts in consumer values towards sustainability or increased focus on health and wellness can shape product development and advertising campaigns.

Regulatory factors involve laws and regulations that organizations must comply with, such as consumer protection laws or industry-specific regulations. These can impact marketing activities, advertising content, or product labeling.

Managers play a crucial role in environmental scanning. They are responsible for monitoring and analyzing the external environment, identifying relevant trends and potential opportunities, and making informed decisions based on the insights gained.

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