regarding retirement planning, which of the following is true? question 18 options: all of these statements are true you should not let your 45th birthday roll by without a comprehensive retirement plan it's never too early to begin planning for retirement you can expect to spend about 16 to 30 years in retirement retirement planning has both emotional and financial components
Answers
All of these statements are true regarding retirement planning.
What is meant by retirement planning?
Retirement planning entails putting together a strategy for your future so that you can continue to pursue all of your objectives and aspirations on your own. This include deciding on your retirement objectives, calculating how much money you will require, and making investments to increase your retirement savings.
Planning for retirement can assist people from running out of money after they retire. Retirement plan participants can live comfortable lifestyles, attain their retirement goals, and be financially independent.
These are the several categories of retirement plans:
1. Plans Backed by Insurance
2. Employee-Based Pension Plan
3. Public Provident Fund.
Read more on retirement planning here: https://brainly.com/question/28128413
#SPJ1
Related Questions
When the company prepares a bank reconciliation, the outstanding checks are subtracted from the bank statement balance in order to determine the correct or adjusted bank balance. There is no need for the company to write a journal entry, as the checks were recorded in the company's general ledger account when the checks were written.
Answers
In a bank reconciliation the outstanding checks are a deduction from the bank balance (or balance per the bank statement).
How do you define a bank?Bank, a business that deals with money and its alternatives and offers various services involving money. A bank collects deposits and disburses loans in its capacity as a financial middleman.
What are different types of banks?A bank is a type of financial institution with permission to accept deposits and issue loans. Banks come in a variety of forms, such as retail, commercial, and investment banks. In the majority of nations, the national government or central bank oversees bank regulation.
To know more about Bank visit:
https://brainly.com/question/14042269
#SPJ4
When asked to provide an estimate of a basketball court, Simon looked from one end of the field to the other, licked a finger and held it in the air, squinted into the sun and said $10,000, give or take 30%. The technique employed for cost estimation is:
Answers
The technique employed for cost estimation for the given case Simon is ballpark estimate.
What is the ballpark estimate?
A ballpark estimate is a rough estimate that is not an exact figure. This estimate is based on the level of information and confidence that the projected value is within a fair price range. This strategy is also known as rough order of magnitude.
In the given case, the Simon has provided an estimate of $10000 for the irrigation system, which might be considered a rough estimate. Therefore, it is called as the ballpark estimate.
Learn more about the ballpark estimate, refer to:
https://brainly.com/question/14992908
#SPJ1
Stock Y has a beta of 1.6 and an expected return of 16.6 percent. Stock Z has a beta of 0.8 and an expected return of 9.4 percent. If the risk-free rate is 5.1 percent and the market risk premium is 6.6 percent, the reward-to-risk ratios for stocks Y and Z are and percent, respectively. Since the SML reward-to-risk is percent, Stock Y is ______________- and Stock Z is ___________
Answers
Answer:
Stock Y is undervalued and Stock Z is overvalued
Explanation:
The Required return on Stock Y = Risk free Rate + BetaY * Market Premium = 5.1% + 1.6%* 6.6% = 15.66%
Expected Return on Y = 16.6%
Here, the Expected return > Required return, the stock is undervalued
Reward to risk Ratio = (Expected return - Risk free rate) / Beta. For Y, Reward to risk = (0.166 - 0.051)/1.6 = 0.115/1.6 = 0.0719 = 7.19%
Required return on Stock Z = Risk free Rate + BetaZ * Market Premium = 5.1 + 0.8 * 6.6 = 10.38%
Expected Return on Z = 9.4%
Here, the Expected return < Required return, the stock is overvalued.
Reward to risk Ratio = (Expected return - Risk free rate) / Beta. For Z, Reward to risk = (0.094 - 0.051)/0.8 = 0.043/0.8= 0.0538 = 5.38%
SML Reward to Risk = 0.066 = 6.6%
Reward to Risk for Y > than SML Reward to Risk, then stock Y is undervalued.
Reward to RIsk for Z > than SML Reward to Risk, then stock Z is overvalued.
QERFEWTDGFSETHWRSTGHBDRAEAGBHSWRTYH
Answers
Answer:
Explanation:na
U.S. Treasury issues three types of Treasury securities: Treasury bills (T-bills), Treasury notes (T-notes), and Treasury bonds (T-bonds). The time to maturity (TTM) of T-bills is 12-month or less than 12-month. The TTM of T-notes is between 1 year and 10 years. The TTM of T-bonds is longer than 10 years. Which one(s) (T-bills, T-notes, or T-bonds) belong to the money market instrument(s)? Which one(s) belong to the capital market instrument(s)? If you would like to buy Treasury securities, which one(s) would you purchase? Explain why?
Answers
Answer:
Treasury bills (T-bills) are short-term money market instruments issued by the government to raise short-term funds. They are issued for terms of less than a year and are sold at a discount from their face value. T-bills have maturities of 4, 8, 13, 26, and 52 weeks. Therefore, T-bills belong to the money market instrument(s).
Treasury notes (T-notes) are issued with maturities from two to 10 years and pay interest semi-annually. Therefore, T-notes belong to the capital market instrument(s).
Treasury bonds (T-bonds) are long-term investments that have maturities of 10 to 30 years and also pay interest semi-annually. Therefore, T-bonds belong to the capital market instrument(s).
If you would like to buy Treasury securities, it depends on your investment goals. If you want a short-term investment with low risk and low return, you can consider buying T-bills. If you want a medium-term investment with moderate risk and moderate return, you can consider buying T-notes. If you want a long-term investment with high risk and high return, you can consider buying T-bonds.
Explanation:
I hope this helps
Select the education and qualifications that are most helpful for Warehousing and Distribution Center Operations careers. Check all that apply.
high school degree
stamina
leadership
patience
concentration skills
associate degree
creativity
Answers
Answer:
High school degree
Stamina
Patience
Concentration skills
Explanation:
Just did it on edg.
The education and qualifications that are most helpful for Warehousing and Distribution Center Operations careers are:
High school degreeStaminaPatienceConcentration skillsWhat is Warehousing and Distribution Center Operation?Distribution centers offer value-added services such product mixing, order fulfilment, cross-docking, kitting, and packing in addition to the primary function of storing items in warehouses. Distribution centers, in contrast to warehouses, also only keep the necessary quantity of goods for a shorter amount of time.
Because they primarily support B2B enterprises as a conduit between suppliers and customers, distribution centers are more customer-centric. Distribution centers are in charge of effectively meeting customer demands and expectations; warehouses are in charge of safely keeping products.
Operations at distribution centers are therefore more complicated than those at warehouses. Distribution centers use state-of-the-art technology for order processing, inventory management, warehouse management, and transportation management.
Define concentration."The ability to direct your thinking in any direction you choose and to hold it for as long as you choose" is the definition of concentration.
Concentration is the capacity to narrow the field of awareness to one particular idea or subject while rejecting all other distractions.
One of the most crucial skills anybody should have is the capacity to concentrate. However, the majority of people find it difficult to focus. They frequently can't focus on one thing for a reasonable amount of time since their attention tends to wander.
This is a problem that can be solved. The capacity for concentration can be improved, just like any other talent. A person who practices mental discipline may concentrate without being interrupted by thoughts, sounds, or anything else.
While you might occasionally appear to be reading or concentrating on your work, if your attention is diverted you probably won't be able to retain the information for long enough to use it properly to produce something intelligible.
If you find the subject matter to be "boring," you're too sleepy or hungry, you have too much on your plate, you lack motivation for a long-term or short-term goal, or you're very concerned or worried and easily distracted, your ability to focus may be affected.
To learn more about concentration, click here
https://brainly.com/question/4184101
#SPJ2
Old Tired Professor Mullen, Inc. has $20,000 of ending (EI) finished goods inventory. If beginning (BI) finished goods inventory was $10,000 and Cost of Goods Sold (CGS) (OUT) was $40,000, how much would the Old Tired Professor report for Cost of Goods Manufactured (CGM) (IN)
Answers
Difference between beginning and ending CoG: 20,000-10,000 = 10,000
Difference + sold:
10,000 + 40,000 = 50,000
Answer: $50,000
This was not a necessarily an economically efficient move. The fact that it is scrap wood implies that it is not useful for the company's purposes, i.e., making furniture. It is presumptuous to associate a value of $150,000 or $29,000 to the scrap since there is no market for it and thus no market value can be assigned. There is no rational way to calculate the optimal amount of scrap wood. The manager did not go far enough. The most economically efficient outcome would be to reduce scrap altogether. Even at the reduced amount, the company is literally throwing away $29,000 per year when it could recoup that amount with greater diligence.
Answers
The manager's decision to reduce scrap wood is not economically efficient, and a more optimal outcome would be to aim for its complete elimination.
The manager's decision to reduce scrap wood, as mentioned in the provided excerpt, is deemed not economically efficient. While it is commendable, the most economically efficient outcome would involve completely minimizing scrap production. The fact that the wood is considered scrap implies its lack of usefulness for furniture manufacturing, making it inappropriate to assign a value of $150,000 or $29,000 to it since there is no existing market or ascertainable market value. Additionally, determining the optimal amount of scrap wood to maintain lacks a rational basis. Despite the manager's efforts, the company still wastes $29,000 annually, which could be salvaged through greater diligence. Thus, the recommended course of action is to aim for a total reduction in scrap production to achieve the utmost economic efficiency.In conclusion, while the manager's effort to reduce scrap wood is commendable, the most economically efficient outcome would be to strive for the complete elimination of scrap, minimizing waste and maximizing cost savings for the company.
For more questions on manager's decision:
https://brainly.com/question/24708179
#SPJ8
advantages of Mendeleev periodic table
Answers
Answer:
Mendeleev’s periodic table is, more accepted for its originality and boldness in making corrections in the properties and predicting unknown elements.
Mendeleev was the first one to establish a systematic arrangement and bring out the periodicity of properties of elements with atomic weight and propose a periodic law.
It could point out the incorrect atomic weight of some elements known at that time
It could predict the existence of other elements and could predict their properties so, as to leave space in the periodic table.
It could accommodate all the sixty elements discovered at that time and could accommodate the noble gases which, where discovered later.
hope it helps if u like please give brainlist
Eleven years ago, a guitar cost $1,800. Today, that same guitar costs $3,650. What has been the inflation rate on this instrument
Answers
The inflation rate on this instrument has been 102.78%.
How is the inflation rate calculated?To calculate the inflation rate, subtract the starting price ($1,800) from the later price ($3,650), and divide $1,850 by the starting date ($1,800), which is then multiplied by 100.
Data and Calculations:Cost of guitar eleven years ago = $1,800
Current cost of guitar = $3,650
Inflation in dollar terms = $1,850 ($3,650 - $1,800)
Inflation rate on guitar = 102.78% ($1,850/$1,800 x 100)
Thus, the inflation rate on this instrument has been 102.78%.
Learn more about the inflation rate at https://brainly.com/question/1100560
Gas, water, and electricity are examples of:
Answers
Gas, water, and electricity are examples of UTILITIES
Answer:
Utilities since they are essential services
Explanation:
Presented below is information related to Dino Radja Company.
Date Ending Inventory Price Index
(End-of-Year Prices)
December 31, 2017 $ 80,000 100
December 31, 2018 115,500 105
December 31, 2019 108,000 120
December 31, 2020 122,200 130
December 31, 2021 154,000 140
December 31, 2022 176,900 145
Instructions:
Compute the ending inventory for Dino Radja Company for 2017 through 2022 using the dollar-value LIFO method.
Answers
Answer:
Dino Radja Company
The ending inventory for Dino Radja Company for 2017 through 2022 using the dollar-value LIFO method:
Date Ending Inventory Price Dollar Value
(End-of-Year Prices) Index LIFO
December 31, 2017 $ 80,000 100 $80,000 ($80,000*1.00)
December 31, 2018 115,500 105 110,000 ($115,500/1.05)
December 31, 2019 108,000 120 90,000 ($108,000/1.20)
December 31, 2020 122,200 130 94,000 ($122,200/1.30)
December 31, 2021 154,000 140 110,000 ($154,000/1.40)
December 31, 2022 176,900 145 122,000 ($176,900/1.45)
Explanation:
a) Data and Calculations:
Date Ending Inventory Price Index
(End-of-Year Prices)
December 31, 2017 $ 80,000 100
December 31, 2018 115,500 105
December 31, 2019 108,000 120
December 31, 2020 122,200 130
December 31, 2021 154,000 140
December 31, 2022 176,900 145
Who is responsible for filing your federal tax return?
A. The IRS.
B. Your employer.
C. The state tax agency.
D. You.
Answers
J. Assume that an owner of house orally authorized his agent to sell the house for the minimum price of half a million. The agent agreed of to be the agent for the sale. Is the agency valid agency
Answers
Answer:
Yes, the agency is valid. Oral agreements are valid in many jurisdictions, and the agent is legally bound to the terms of the agreement. However, in order for the agency to be legally enforceable, the agreement must be supported by consideration. In this case, the consideration would be the agent's agreement to act as the agent for the sale.
Larry Ellison starts a company that manufacturers high-end custom leather bags. He hires 3 employees. Each employee only begins working on a bag when a customer order has been received and then she makes the bag from beginning to end. The average production time of a bag is 2.2 days with a standard deviation of 3 days. Larry expects to receive one customer order per day on average. The interarrival times of orders have a coefficient of variation of 1. What is the expected duration, in days, between when an order is received and when production begins on the bag?
Answers
Answer:
0.93 days
Explanation:
Number of employees ( m ) = 3
Average production time of a bag ( p ) = 2.2 days
standard deviation ( std ) = 3 days
Number of customer order expected per day = 1
Coefficient of interarrival times of order ( c ) = 1
arrival time ( a ) = 1
Determine the expected duration between when a n order is received and when production begins on the bag
determine the utilization time = p / ( m*a ) = 2.2 / ( 3 * 1 ) = 0.733
Hence the expected time :
Tq = 0.93 days
attached below is the detailed solution
Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $190,000 of raw materials on credit; issued materials to production of $213,000 of which $12,000 were indirect. Minstrel incurred a factory payroll of $157,000, of which $22,000 was indirect labor. Minstrel uses a predetermined overhead rate of 150% of direct labor cost. The total manufacturing costs added during the period is: Multiple Choice $571,500. $593,500. $605,500. $538,500. $550,500.
Answers
Answer:
$538,500
Explanation:
Calculation to determine what The total manufacturing costs added during the period is:
Total manufacturing costs=($213,000-$12,000)+($157,000-$22,000)+($157,000-$22,000*1.5)
Total manufacturing costs=$201,000 + $135,000 + ($135,000 × 1.5)
Total manufacturing costs=$201,000 + $135,000+$202,500
Total manufacturing costs= $538,500
Therefore The total manufacturing costs added during the period is: $538,500
Determine the amount of tax liability in each of the following instances:
a. A married couple filing jointly with taxable income of $32,991.
b. A married couple filing jointly with taxable income of $192,257.
c. A married couple filing separately, one spouse with taxable income of $43,885 and the other with $56,218.
d. A single person with taxable income of $79,436. A single person with taxable income of $297,784.
e. A head of household with taxable income of $96,592. A qualifying widow with taxable income of $14,019.
f. A married couple filing jointly with taxable income of $11,216.
Answers
The determination of the tax liability in each of the following instances is as follows:
Taxable Filing Tax Tax
Income Status Rate Liability
a. $32,991 Joint 12% $3,958.92
b. $192,257 Joint 24% $46,141.68
c. $43,884 Separate 12% $5,266.08
c. $56,218 Separate 12% $6,746.16
d. $79,436 Single 22% $17,475.92
d. $297,784 Single 35% $104,224.40
e. $96,592 Household 24% $23,182.08
e. $14,019 Widow 12% $1,682.28
f. $11,216 Joint 10% $1,121.60
What is a tax liability?A tax liability is the payment that an individual or couple must pay within the tax year to the government. Generally, tax liabilities arise when the individual earns income or sells an investment. Examples of tax liabilities are income taxes or capital gains taxes.
Thus, the tax liability of each instance depends on the tax rate and the filing status of the individual or couple.
Learn more about tax liability at https://brainly.com/question/25641320
All countries benefit from trade. If they did not, they would not trade. Based on this week's Reading Assignment, apply what you know about International Trade theory and respond to the following.
Do you think the benefits from trade are shared equally among trading partners?
Do you think everyone within a country benefits from trade?
Explain why and why not?
Answers
The idea of international trade is one of the factors that binds the world together. Trade between nations fosters peace and brings about, wealth creation, Cultural diffusion and inclusiveness.
What is International trade?International trade refers to the exchange of goods, services and other commodities between countries of the world.
International trade is possible because, goods and services produced in one country is needed by citizens of other countries.
The idea of international trade is beneficial to both countries involved in such trade. It creates a long supply chain starting from manufacturers, logistics, middle men, and local traders.
This supply chain created benefits both the sellers and the buyers and this creates employment opportunities in both countries.
It is important to note that not everyone within a country may benefit directly from international trade, however, it can be said that everyone will benefit indirectly because the proceeds from such trade affects the GDP of both countries and this brings about prosperity especially when trade is not one sided.
Learn more about International trade at https://brainly.com/question/15115779
#SPJ1
Which country listed has the highest human development ranking?
Which 2 countries listed have very high GDP rankings, but much lower rankings in human development?
Which country has a lower GDP ranking and a lower HDI ranking?
Answers
Answer:
The answers to all 3 questions are:
1. Norway
2. China and India
3. Afghanistan
Explanation:
Just completed the 2020 Edge Assignment
The country that has the highest Human development Ranking is Norway and the nations that have very high GDP are china and India. The nation having low HDI is Afghanistan.
Waht is Huamn developnet Index ?The HDI is a measure of human development that involves the human condition and capacity. The United Nations uses this measure to compare the nations of the world on the basis of standards of living, education, and focus on economic growth along with social justice. The top-ranking counties on the scale include Norway.
Find out more information about Human Development
brainly.com/question/1126017
Economic growth results in an improved what?
Answers
Economic growth results in an better standard of living.
What is Economic growth?A country's economy is said to be growing when the value of its goods and services rises, generating more revenue for companies. Consequently, stock prices increase. This provides businesses with money to expand and recruit more workers. Incomes increase as more jobs are created.
Real GDP growth, or the value of national output, income, and expenditure, is a measure of economic growth. The main advantage of economic growth is a rise in living standards, which translates into higher real wages and the capacity to invest more money in sectors like health care and education.
Learn more about Economic growth at;
https://brainly.com/question/1690575
#SPJ1
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Classes
Customers
Products and Services
Locations
Tax Code
Answers
The Batch Reclassify Transactions tool in QuickBooks Online Accountant provides a streamlined and efficient way to reclassify these four items.
In QuickBooks Online Accountant, the "Batch Reclassify Transactions" tool can be used to reclassify the following four items:
1. Classes: The Batch Reclassify Transactions tool allows you to reclassify transactions based on their assigned classes. You can select a range of transactions and update the class assignment in bulk, which is useful for correcting any misclassifications or for making changes to your class structure.
2. Customers: With the Batch Reclassify Transactions tool, you can also reclassify transactions based on the customer associated with them. This is helpful when you need to make changes to the customer assignments for a group of transactions, ensuring accurate reporting and tracking of sales and expenses.
3. Products and Services: The Batch Reclassify Transactions tool enables you to reclassify transactions based on the products and services involved. By selecting a range of transactions, you can update the product or service assignment in bulk, allowing you to correct any misclassifications or make changes to your product and service categorizations.
4. Tax Code: The Batch Reclassify Transactions tool can be used to reclassify transactions based on their assigned tax codes. This feature is particularly useful when there are changes to tax regulations or when transactions have been mistakenly assigned incorrect tax codes. By selecting the transactions and updating their tax code in bulk, you can ensure accurate tax reporting and compliance.
The Batch Reclassify Transactions tool in QuickBooks Online Accountant provides a streamlined and efficient way to reclassify these four items, helping to maintain accurate financial records and ensure proper reporting and analysis of your business's data.
for more questions on tool
https://brainly.com/question/30624816
#SPJ8
Halogen Laminated Products Company began business on January 1, 2021. During January, the following transactions occurred:
Jan. 1 Issued common stock in exchange for $109,000 cash.
2 Purchased inventory on account for $44,000 (the perpetual inventory system is used).
4 Paid an insurance company $3,480 for a one-year insurance policy. Prepaid insurance was debited for the entire amount.
10 Sold merchandise on account for $12,900. The cost of the merchandise was $7,900.
15 Borrowed $39,000 from a local bank and signed a note. Principal and interest at 10% is to be repaid in six months.
20 Paid employees $6,900 salaries for the first half of the month.
22 Sold merchandise for $10,900 cash. The cost of the merchandise was $6,900.
24 Paid $15,900 to suppliers for the merchandise purchased on January 2.
26 Collected $6,450 on account from customers.
28 Paid $1,000 to the local utility company for January gas and electricity.
30 Paid $4,900 rent for the building. $2,450 was for January rent, and $2,450 for February rent. Prepaid rent and rent expense were debited for their appropriate amounts.
Required:
1. Prepare general journal entries to record each transaction.
2. Post the transactions into the appropriate T-accounts.
3. Prepare an unadjusted trial balance as of January 30, 2021.
Answers
1. The preparation of the general journal entries for Halogen Laminated Products Company's January transactions is as follows:
General Journal Entries:Jan. 1 Debit Cash $109,000
Credit Common Stock $109,000
Jan. 2 Debit Inventory $44,000
Credit Accounts Payable $44,000
Jan. 4 Debit Prepaid Insurance $3,480
Credit Cash $3,480
Jan. 10 Debit Accounts Receivable $12,900
Credit Sales Revenue $12,900
Debit Cost of goods sold $7,900
Credit Inventory $7,900
Jan. 15 Debit Cash $39,000
Credit Bank Payable $39,000
Principal and interest at 10% is to be repaid in six months.
Jan. 20 Debit Salaries Expense $6,900
Credit Cash $6,900
Jan. 22 Debit Cash $10,900
Credit Sales Revenue $10,900
Debit Cost of goods sold $6,900
Credit Inventory $6,900
Jan. 24 Debit Accounts Payable $15,900
Credit Cash $15,900
Jan. 26 Debit Cash $6,450
Credit Accounts Receivable $6,450
Jan. 28 Debit Utility Expense $1,000
Credit Cash $1,000
Jan. 30 Debit Prepaid Rent $2,450
Debit Rent Expense $2,450
Creditit Cash $4,900
2. T-Accounts:Cash Account
Date Account Titles Debit Credit
Jan. 1 Common Stock $109,000
Jan. 4 Prepaid Insurance $3,480
Jan. 15 Bank Payable $39,000
Jan. 20 Salaries Expense $6,900
Jan. 22 Sales Revenue $10,900
Jan. 24 Accounts Payable $15,900
Jan. 26 Accts. Receivable $6,450
Jan. 28 Utility Expense $1,000
Jan. 30 Prepaid Rent $2,450
Jan. 30 Rent Expense $2,450
Jan. 30 Balance $133,170
Totals $165,350 $165,350
Inventory
Date Account Titles Debit Credit
Jan. 2 Accounts Payable $44,000
Jan. 10 Cost of goods sold $7,900
Jan. 22 Cost of goods sold $6,900
Jan. 30 Balance $29,200
Totals $44,000 $44,000
Prepaid InsuranceDate Account Titles Debit Credit
Jan. 4 Cash $3,480
Prepaid RentDate Account Titles Debit Credit
Jan. 30 Cash $2,450
Accounts Receivable
Date Account Titles Debit Credit
Jan. 10 Sales Revenue $12,900
Jan. 26 Cash $6,450
Jan. 30 Balance $6,450
Total $6,450 $6,450
Common StockDate Account Titles Debit Credit
Jan. 1 Cash $109,000
Accounts PayableDate Account Titles Debit Credit
Jan. 2 Inventory $44,000
Jan. 24 Cash $15,900
Jan. 30 Balance $28,100
Total $44,000 $44,000
Bank PayableDate Account Titles Debit Credit
Jan. 15 Cash $39,000
Sales RevenueDate Account Titles Debit Credit
Jan. 10 Accounts Receivable $12,900
Jan. 22 Cash $10,900
Jan. 30 Balance $23,800
Total $23,800 $23,800
Cost of goods soldDate Account Titles Debit Credit
Jan. 10 Inventory $7,900
Jan. 22 Inventory $6,900
Jan. 30 Balance $14,800
Total $14,800 $14,800
Salaries ExpenseDate Account Titles Debit Credit
Jan. 20 Cash $6,900
Utilities Expense
Date Account Titles Debit Credit
Jan. 28 Cash $1,000
Rent ExpenseDate Account Titles Debit Credit
Jan. 30 Cash $2,450
3. Unadjusted Trial BalanceAs of January 30, 2021:
Account Titles Debit Credit
Cash $133,170
Inventory 29,200
Prepaid Insurance 3,480
Prepaid Rent 2,450
Accounts Receivable 6,450
Common Stock $109,000
Accounts Payable 28,100
Bank Payable 39,000
Sales Revenue 23,800
Cost of goods sold 14,800
Salaries Expense 6,900
Utilities Expense 1,000
Rent Expense 2,450
Totals $199,900 $199,900
Transactions Analysis:Jan. 1 Cash $109,000 Common Stock $109,000
Jan. 2 Inventory $44,000 Accounts Payable $44,000
Jan. 4 Prepaid Insurance $3,480 Cash $3,480
Jan. 10 Accounts Receivable $12,900 Sales Revenue $12,900
Cost of goods sold $7,900 Inventory $7,900
Jan. 15 Cash $39,000 Bank Payable $39,000
Principal and interest at 10% is to be repaid in six months.
Jan. 20 Salaries Expense $6,900 Cash $6,900
Jan. 22 Cash $10,900 Sales Revenue $10,900
Cost of goods sold $6,900 Inventory $6,900
Jan. 24 Accounts Payable $15,900 Cash $15,900
Jan. 26 Cash $6,450 Accounts Receivable $6,450
Jan. 28 Utility $1,000 Cash $1,000
Jan. 30 Prepaid Rent $2,450 Rent Expense $2,450 Cash $4,900
Learn more about preparing unadjusted trial balance here: https://brainly.com/question/6088291
Expenses like rent, transportation, and advertising are part of a business____ account, because they are fictitious
Answers
Answer:
nominal
Explanation:
The following can be considered as international barriers:
A•Economic and technological
B• Political and legal
C •Social and cultural
D• all of the above
E•none of the above
Answers
Answer:
the answer is the last one e
Henley Corporation has bonds on the market with 20 years to maturity, a YTM of 11.3 percent, a par value of $1000, and a current price of $935. The bonds make semiannual payments. What must the coupon rate be on the bonds?
Answers
The coupon rate on the bonds will be 5.65%.
How to calculate the coupon rate?To calculate the coupon rate, you can use the formula:
Coupon Rate = (Annual Interest Payment / Par Value) x 100
Since the bonds make semiannual payments, you'll need to adjust the annual interest payment and the YTM accordingly. To do this, you can use the following formula:
Annual Interest Payment = (Coupon Rate / 2) x Par Value
Using this formula, you can solve for the coupon rate:
Coupon Rate = (Annual Interest Payment / Par Value) x 100
Coupon Rate = ( (YTM / 2) x Par Value ) / Par Value x 100
Coupon Rate = (YTM / 2) x 100
So in this case, the coupon rate is:
Coupon Rate = (11.3 / 2) x 100 = 5.65%
Learn more about coupon on:
https://brainly.com/question/27123871
#SPJ1
Outline how a caller’s experiences affect their view of an organisation
Answers
what is job description
Answers
A job description or JD is a written narrative that describes the general tasks, or other related duties, and responsibilities of a position. It may specify the functionary to whom the position reports, specifications such as the qualifications or skills needed by the person in the job, information about the equipment, tools and work aids used, working conditions, physical demands, and a salary range. Job descriptions are usually narrative,[1] but some may comprise a simple list of competencies; for instance, strategic human resource planning methodologies may be used to develop a competency architecture for an organization, from which job descriptions are built as a shortlist of competencies.[2][not specific enough to verify]
According to Torrington, a job description is usually developed by conducting a job analysis, which includes examining the tasks and sequences of tasks necessary to perform the job. The analysis considers the areas of knowledge, skills and abilities needed to perform the job. Job analysis generally involves the following steps: collecting and recording job information; checking the job information for accuracy; writing job descriptions based on the information; using the information to determine what skills, abilities, and knowledge are required to perform the job; updating the information from time to time. [3] A job usually includes several roles. According to Hall, the job description might be broadened to form a person specification or may be known as "terms of reference". The person/job specification can be presented as a stand-alone document, but in practice it is usually included within the job description. A job description is often used by employers in the recruitment process.
A job description is concerned with addressing the following issues about the job:
Job titleJob locationJob summaryWorking environmentDuties or tasks.What is the role of a job description?In addition to being concerned with the above-stated issues, a job description helps management to identify the job specifications, including the environmental pressures that apply to the position.
A job description also provides the measurement criteria for performance evaluations of each job holder.
Thus, a job description addresses job-related issues.
Learn more about job descriptions at https://brainly.com/question/4677114
Which research information could best help a marketer decide whether to
discontinue a product line?
A. Results of an experiment showing the combination of price and
features that consumers most often select
B. Observation results showing the path consumers take through a
store
C. Survey results indicating that the product no longer meets a
customer need
D. Survey results showing that what consumers value most is
reliability
Answers
Answer: survey results indicating that the product no longer meets a customer need
Explanation:
The research information that could best help a marketer decide whether to discontinue a product line is: Survey results indicating that the product no longer meets a customer need. Thus option (C) is correct.
What is an information?An information refers to something that has the power to inform. At the most fundamental level information pertains to the interpretation of that which may be sensed.
The digital signals and other data use discrete signs or alogrithms to convey information, other phenomena and artifacts such as analog signals, poems, pictures, music or other sounds, and the electrical currents convey information in a more continuous form.
Information is not knowledge itself, but its interpretation is important. An Information can be in a raw form or in an structured form as data. The information available through a collection of data may be derived by analysis by expert analysts in their domain.
Learn more about information here:
https://brainly.com/question/27798920
#SPJ5
What is a learning outcome for sales
Answers
Answer: A Learning Outcome (LO) is a measurable, observable, and specific statement that clearly indicates what a student should know and be able to do as a result of learning. Well-written learning outcomes involve the following parts: Action verb. Subject content.
Explanation: Children have a strong sense of identity.
Children are connected with and contribute to their world.
Children have a strong sense of wellbeing.
Children are confident and involved learners.
Children are effective communicators.
Robin owns a horse stable and gives riding lessons for children at Pony Camp. His business operates in a competitive industry. Robin gives riding lessons to 20 children per month. His monthly total revenue is $6,000. The marginal cost of the 20th child is $250. In order to maximize profits, Robin should give riding lessons to more than 20 children per month. give riding lessons to fewer than 20 children per month. continue to give riding lessons to 20 children per month. We do not have enough information to answer the question.
Answers
Option A. The conclusion that we can make is that Robin should give riding lessons to more than 20 children per month.
How to solve for the solution6000/20
= 300
300 is greater than 250
Hence we can see that the marginal cost is less than the marginal revenue that Robin gets from the venture.
What is Marginal revenue?This is the term that is used to refer to the additional revenue that he business would obtain based on the fact that they produced an additional unit of a particular service.
In this question we can see that when Q = 20, MC is 250
What this tells us is that at a current output level, marginal revenue is greater than marginal cost, hence the firm would not be maximizing its profit.
When profit is maximized, then we would be having marginal revenue to be equal to marginal cost. MR = MC. Therefore The conclusion that we can make is that Robin should give riding lessons to more than 20 children per month.
Read more on marginal revenue here:https://brainly.com/question/10822075
#SPJ1