The beginning of a six-year finance lease is December 31, 2018. The agreement specifies equal annual lease payments on December 31 of each year For the lessee, the first payment on December 31, 2018, includes Interest res Yes Yes Multiple Choice Option d Option a 《Prev 2of5,ヨNext > 3 5
Answers
Answer:
Yes, the first payment on December 31, 2018, includes principal and interest. This is because the lessee is paying for the use of the asset for the entire year, from January 1, 2018, to December 31, 2018. As such, the first lease payment includes the remaining principal and interest for the entire year.
Explanation:
Related Questions
the wildlife department has been feeding special food to rainbow trout finger lings in a pond. A sample of weight of 40 trout revealed that the mean weight is 402.7 grams and the standard deviation 8.8 grams .
what is estimated mean wight of population? what is 99% confidence interval?,what degree of confidence is being used? interparet the result
Answers
We estimate the mean weight of the population to be 402.7 grams, with a 99% confidence interval of (398.77, 406.63) grams. The degree of confidence used is 99%.
To estimate the mean weight of the population of rainbow trout fingerlings, we can use the sample mean as an estimate. In this case, the sample mean weight is 402.7 grams.
Since the sample is a good representation of the population, we can consider this as our estimate for the population mean weight.
To determine the 99% confidence interval, we need to calculate the margin of error. The margin of error is given by multiplying the critical value (z*) with the standard deviation of the sample mean.
For a 99% confidence level, the critical value is 2.576 (obtained from a standard normal distribution table).
The margin of error is then calculated as 2.576 * (8.8 / sqrt(40)), which equals 3.932 grams. Therefore, the 99% confidence interval for the mean weight of the population is 402.7 ± 3.932, or approximately (398.77, 406.63) grams.
The degree of confidence used is 99%, meaning that if we repeated the sampling process multiple times, approximately 99% of the resulting confidence intervals would contain the true population mean weight.
In conclusion, we estimate the mean weight of the population to be 402.7 grams, with a 99% confidence interval of (398.77, 406.63) grams. This means we are 99% confident that the true population mean weight falls within this range.
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Andriana Rodriguez is applying for a loan. As she is filling out the paperwork, she comes across a question about her age, which Andriana does not fill in.
Which consumer protection law best supports Andriana's decision to leave this field blank?
- the Equal Credit Opportunity Act (ECOA)
- the Home Mortgage Disclosure Act (HMDA)
- the Truth in Lending Act (TILA)
- the Truth in Savings Act (TISA)
Answers
Answer:
ECOA
Explanation:
ECOA Prohibits discrimination based on age (provided they have the capacity to contract)
What is Accenture’s approach when it comes to helping our clients with security?
Answers
The CDP strategy is put into place once the real project work begins across all open contracts, assisting Accenture client teams in working with clients to create a security governance and operational environment that tackles the particular security risks of each client engagement.
What is clients with security?Client with security is the safety that protect the operating system of the desktop, laptops, mobiles and other data in the computer. As the business is working online and that networking is connected with the thread that gives chance to the cyber crimes to attack and hack the data from the client's laptop, mobile phone and from other devices.
Thus, The CDP strategy is put into place once the real project work begins across all open contracts, assisting Accenture.
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Samco signed a 5-year note payable on January 1, 2018, of $ 475 comma 000. The note requires annual principal payments each December 31 of $ 95 comma 000 plus interest at 9%. The entry to record the annual payment on December 31, 2021, includes A. a debit to Interest Expense for $ 17 comma 100. B. a debit to Interest Expense for $ 42 comma 750. C. a credit to Cash of $ 137 comma 750. D. a credit to Notes Payable for $ 95 comma 000.
Answers
Answer:
Option A, a debit to Interest Expense for $ 17 comma 100 is correct
Explanation:
The principal amount on 1st January 2021 needs to be established since that would be the amount left after 2018,2019,2020 principals have been repaid
Principal at 1st January 2021=$475,000-($95,000*3)=$190000
Interest on principal in 2021=$190000 *9%=$17100
Total repayment in 2021=principal plus interest=$95,000+$17,100=$ 112,100.00
The $95,000 would be a debit to notes payable not credit hence option is wrong.
Only option A,a debit of $17,100 to interest expense is correct
moral issues on gun control state your own position on the issue, discuss one argument in support of your position and discuss one argument against your position.
Answers
Sometimes, the phrase "gun control" is politicized. Instead of using words like "gun violence prevention," "gun safety," "firearms regulation," "illegal guns," or "criminal access to guns," some proponents of legislation prefer to use phrases like these.
There are strong opinions on both sides of the gun control debate, making it a very divisive issue. While stronger gun restrictions may contribute to a decrease in gun violence, some people may view them as interference with personal freedoms. In order to find ways to strike a balance between public safety and individual liberty, it is crucial to continue having a sophisticated and knowledgeable dialogue on this subject.
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A sports car traveled a distance of 312 miles in 6 hours. Traveling at the same speed, what distance would this sports car travel in 8 hours? (5 points)
a
234 miles
b
360 miles
c
416 miles
d
474 miles
Answers
A sports car traveled a distance of 312 miles in 6 hours. Traveling at the same speed, distance that this sports car would travel in 8 hours will be 416 miles
It is calculated as below:
Calculation of miles per hour= total distance/total hours taken
=312/6
= 52 miles per hour
Calculation of total distance= Distance travelled in one hour* No. of hours
= 52 x 8 = 416 miles
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Bob's Cake House's payroll for April includes the following data:
Gross salaries $20,000
Salaries subject to FICA:
6.2% Social Security 19,000
1.45% Medicare 20,000
Salaries subject to:
0.8% FUTA 1,000
2.0% SUTA 1,000
Answers
To calculate the total payroll taxes, we can add up all of the taxes:
$1,178 + $290 + $8 + $20 = $1,496
In the given problem, Therefore, Bob's Cake House's net payroll for April is $18,504.
How to Calculate Payroll?Based on the given information, we can calculate the following:
FICA Taxes (Social Security and Medicare):
Social Security tax: $19,000 x 6.2% = $1,178
Medicare tax: $20,000 x 1.45% = $290
FUTA and SUTA Taxes:
FUTA tax: $1,000 x 0.8% = $8
SUTA tax: $1,000 x 2.0% = $20
To calculate the total payroll taxes, we can add up all of the taxes:
$1,178 + $290 + $8 + $20 = $1,496
To calculate the net payroll, we can subtract the total payroll taxes from the gross salaries:
$20,000 - $1,496 = $18,504
Therefore, Bob's Cake House's net payroll for April is $18,504.
Complete Question Below:
Bob's Cake House's payroll for April includes the following data:
Gross salaries $20,000
Salaries subject to FICA:
6.2% Social Security 19,000
1.45% Medicare 20,000
Salaries subject to:
0.8% FUTA 1,000
2.0% SUTA 1,000
Calculate Bob's Cake House's total payroll tax and net payroll for April.
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The operating budget provides a roadmap for financial plans for a short-term, future period. What is a typical “future period” for an operating budget?
Answers
An operating budget is a financial statement that outlines the organization's expenditures and revenues for a specific period.
The operating budget is typically for a fiscal year, which is usually twelve months. The future period for an operating budget is usually a fiscal year or less than a year. The operating budget is critical because it establishes guidelines for financial activities and operations in an organization. It provides a roadmap for financial plans for a short-term, future period, which typically begins on January 1st and ends on December 31st.
An organization creates an operating budget to aid in the allocation of resources and expenditures to achieve its objectives for a given period. A typical operating budget is for a fiscal year. A fiscal year is the period when an organization prepares its financial statements. It is usually 12 months, but it may be shorter or longer depending on the organization. An operating budget typically covers one fiscal year; however, it may be longer or shorter based on the organization's preferences.
The future period for an operating budget is frequently updated to reflect the company's current situation and financial standing. It takes into account the actual results of the previous period and the estimated expenditures and revenues for the upcoming year to develop the operating budget for a future period.
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Wheat and oats are used to make different types of breakfast cereal and both are grown on the prairies What would happen to the supply and demand of oats if the price of wheat were to fall? What happens to the equilibrium price and quantity of oats?
Answers
If the price of wheat falls, the demand for oats would decrease and the supply of oats would increase.
The equilibrium price of oats would decline and the equlibrium quantity would be indeterminate.
What are subsistute goods?
Substitute goods are goods that can be used in place of another good.
if the price of a good decline, the demand for the substitute decreases and if the price of the good increases, the demand for the substitute decreases.
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* Một DN độc quyền có chức năng doanh thu trung bình (AR) của SP X như sau: AR = - Q / 2 + 2.000. Trong đó Q là sản lượng, P là giá cả, tính bằng ngàn đồng / Đvsp. Hàm chi phí SX của DN is TC = (1/2) Q2 + 100Q + 300.000 1) Xác định giá và sản xuất để tối đa hóa lợi nhuận. Tối đa lợi nhuận tổng hợp là bao nhiêu? (MR = MC) 2) Chính phủ quyết định thuế t = 100 ngàn / đvsp. Sản lượng, giá cả và lợi nhuận sẽ thay đổi như thế nào?
Answers
Answer:jrjr
Explanation:
The unique way that employees interact with each other and their customers. Also, the personality of the company
Answers
Answer:
A
Explanation:
Company Culture. Or Organizational Culture
The unique way that employees interact with each other and their customers. Also, the personality of the company is the Company Culture. Hence, option A is correct.
What is company Culture?
The beliefs, standards, and behaviors that make up the organization's culture have an impact on and direct the conduct of every team member. Think of it as the range of traits that characterize your company.
A company's "business culture" or "organizational culture" refers to its common ideals, attitudes, and behaviors. Your company's culture greatly affects how content your staff members are on the whole.
Organizational culture is generally defined as all of a company's beliefs, values, and attitudes, as well as how these influence how its employees behave. Culture has an impact on what it's like for a customer to make a purchase from a firm or for a supplier to work with one.
Thus, option A is correct.
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If you travel a lot for work and use cash to pay for most purchases, which type of financial institution would you probably have your
account at?
O credit union
O national or regional bank
Answers
Jesse creates blueprints as part of his job. He designs buildings for store owners, making them the size clients want and including the features they ask for. What is Jesse’s job title MOST likely to be?
A.
Architect
B.
Engineer
C.
General contractor
D.
Web developer
Answers
According to the question jesse’s job title MOST likely to be Architect.
What is Architect?An architect is a professional who designs and plans the construction of buildings and other structures. Architects use a variety of creative and technical skills to develop plans for the construction of structures that are safe, functional, and aesthetically pleasing. They must consider many factors, such as safety, cost, convenience, and cultural and environmental impact. Architects use computer-aided design (CAD) software to create digital models of the structures they plan. They then collaborate with other professionals, such as engineers and contractors, to ensure that the structure will be built according to the plans. In addition, architects may also develop interior designs, select materials, and provide guidance on the construction process.
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If any financial institution, such as a brokerage house, handles a check for payment or collection, the check is covered by UCC Article 4.a. Trueb. False
Answers
FALSE. If any financial institution, such as a brokerage house, handles a check for payment or collection, the check is NOT covered by Uniform Commercial Code Article 4.
Funds transfers are governed by UCC Article 4A, starting with the payment order issued by the originator with the intention of paying the order's beneficiary. The item also applies to any payment instruction provided by the bank of the originator or by a bank acting as an intermediary to execute the originator's payment instruction. The liability of a bank for action or inaction with regard to an item it handled for presentment, payment, or collection is covered by Article 4 of the UCC. When it comes to bank deposits, the law of the location where the bank is located is typically more relevant.
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The additional components of the marketing mix for marketing a service does not include which of the following?
people
process
popularity
physical environment
Answers
The marketing mix comprises four primary elements: product, price, promotion, and place. However, when marketing services, some additional components are added to the mix. These components are known as the 7Ps of marketing and include people, process, and physical evidence (or physical environment).
Popularity, on the other hand, is not a component of the marketing mix for services. Popularity can be considered a byproduct of the marketing efforts and how successful they are in promoting the service to the target audience. Popularity is a measure of how well a service is known or recognized in the market.
People: This component of the marketing mix is concerned with the people involved in the delivery of the service. These people include the employees, staff, and other personnel involved in providing the service to the customers. These people are critical to the success of the service and need to be trained, managed, and motivated to provide excellent service.
Process: This component of the marketing mix is concerned with the procedures and processes involved in the delivery of the service. The process should be designed to ensure that the service is delivered consistently and efficiently, meeting the needs and expectations of the customers. A well-designed process can enhance the customer experience and help in creating a positive perception of the service.
Physical Environment: This component of the marketing mix is concerned with the physical environment in which the service is delivered. This environment can include the ambiance, decor, lighting, and other factors that contribute to the customer experience.
A well-designed physical environment can enhance the customer experience and contribute to the success of the service.
Popularity: Popularity can be considered a byproduct of the marketing efforts and how successful they are in promoting the service to the target audience. Popularity is a measure of how well a service is known or recognized in the market.
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Why is it more likely that employee referral programs are effective and successful?
Answers
Answer:
Explanation:
These programs are usually effective and successful because the current employees that provide for this program tend to be the more highly efficient employees in the company and they tend to recruit individuals who they personally know as responsible and qualified. This therefore not only brings in qualified candidates but also saves the company money on recruiters and trainers, since the employee themselves can train the new recruit.
True or False:
A target market is the group of people lease likely to buy your product.
Answers
True
Explanation:
A target market is a group of people Or organisations for which an organisation designed, implements, and maintains a Marketing mix indeed to meet the needs of that group, resulting in mutually satisfying exchanges.
Del Gato Clinic's cash account shows a $14,298 debit balance and its bank statement shows $14,156 on deposit at the close of business on June 30. Outstanding checks as of June 30 total $2,872. The June 30 bank statement lists a $60 bank service charge. Check No. 919, listed with the canceled checks, was correctly drawn for $389 in payment of a utility bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $398. The June 30 cash receipts of $2,963 were placed in the bank night depository after banking hours and were not recorded on the June 30 bank statement.
Required:
Prepare the adjusting journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation.
Answers
If on June 30 bank statement lists a $60 bank service charge. Check No. 919, listed with the canceled checks, was correctly drawn for $389 in payment of a utility bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $398. The adjusting journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation will be:
a) No journal entry required
b) Debit Miscellaneous expenses $60
Credit Cash $60
c) Debit Cash $9
Credit Utilities expense $9
Preparation Del Gato Clinic adjusting journal entries
a) No journal entry required
b) Debit Miscellaneous expenses $60
Credit Cash $60
(To record bank service charge)
c) Debit Cash $9
Credit Utilities expense $9
($398-$389)
(To record utilities expense)
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How long has Alice Spring Tow Truck been in operation, and what services do they offer?
Answers
Based on historical facts and the company's information, the Alice Spring Tow Truck has been in operation for more than 35 years, and they offer services like equipment relocation, freight transport, and vehicle recovery services.
What is Alice Spring Tow Truck?Alice Spring Tow Truck is an Australian transport and logistics company.
The company offers various logistics services around Australia and it is located in Central Australia for over 20 years.
Alice Spring Tow Truck is known to have been in operation for varying services such as:
relocation of heavy equipment freight transport vehicle recovery services. Towing of vehicle, etc.Also, Alice Spring Tow Truck operated majorly in places like
YularaTennant CreekMarlaUluruOther regions in Central AustraliaHence, in this case, it is concluded that Alice Spring Tow Truck is a logistics servicing company.
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What account below is not an asset?
A. Capital Stock
B. Inventory
C. Cash
D. Accounts Receivable
Answers
Answer:
A. Capital Stock
Explanation:
Accounts are categorized following the accounting equation of assets are equal to equity plus liabilities. Asset accounts track and record the resources that a business owns or controls. Assets being the valuable items that a business uses to generate income or maintain operations.
Equity represents the owner's interest in the business. It comprises capital contributions and retained earnings. Capital stocks belong to equity accounts and not asset accounts.
Soybeans and corn are both used as animal feed. (70% of Soybeans are used as animal feed, and Corn is the primary animal feed in the US.) Also, on many farms, farmers can grow either soybeans or corn. Ethanol is a fuel derived from corn. Ceteris parabus: If demand for ethanol fuel increases causing the equilibrium price of corn to increase, what will happen to the market for soybeans
Answers
Answer:
there would be a decrease in the equilibrium quantity and an increase in the equilibrium price of soybeans
Explanation:
if equilibrium price of corn increases, farmers would want to plant more corn. Due to the fact farmers can grow either soybeans or corn, farmers would choose to grow corn. Thus the supply of soybeans would fall. this would shift the supply curve for soybeans to the left. As a result, here would be a decrease in the equilibrium quantity and an increase in the equilibrium price of soybeans
How do you feel about your instructions for using and caring for the mask? Do you think these instructions can help somebody to use the equipment correctly? Why, why not
Answers
The use of a mask as a part of the civic duty of a citizen to prevent the spread of diseases is necessary.
What is a Civic Duty?This refers to the responsibility of a person to care for both himself, his society, and the duties he owes to his country.
Hence, we can see that based on the use of masks during the pandemic, it has helped to limit the spread of the virus and the use of the masks is very easy to do and can be done correctly.
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Discuss why positive thinking is critical in starting the entrepreneurship journey
Answers
1. Motivation: Starting a business can be challenging, and there will be times when things don't go as planned. Positive thinking can help entrepreneurs stay motivated and focused on their goals, even when faced with obstacles.
2. Resilience: Entrepreneurship is a journey filled with ups and downs. Positive thinking helps entrepreneurs build resilience and bounce back from setbacks quickly. It enables them to focus on solutions rather than dwelling on the problems.
3. Creativity: Positive thinking encourages entrepreneurs to think creatively and come up with innovative solutions to problems. Positivity can help entrepreneurs see possibilities where others may only see challenges.
4. Confidence: A positive mindset can help entrepreneurs approach challenges with confidence, which can be critical when making important business decisions. It helps entrepreneurs believe in their abilities and their vision, which can be contagious and attract others to their business.
5. Networking: Positive thinking can also help entrepreneurs build strong relationships with others. People are naturally drawn to positive individuals, and this can help entrepreneurs build a strong network of supporters, mentors, and partners.
In summary, positive thinking is critical in the entrepreneurial journey because it helps entrepreneurs stay motivated, builds resilience, encourages creativity, boosts confidence, and enables entrepreneurs to build strong relationships with others.
Question 7 of 10
Yuki is setting up a display in the hardware store where he works. What does
this activity most likely involve?
A. Stacking cartons of merchandise in a safe location
B. Arranging items on shelves at eye level
C. Sorting nuts and bolts from smallest to largest
D. Creating a special exhibit of featured products
Answers
Answer:
D. Creating a special exhibit of featured products
Explanation:
Just did a quiz. a pex
Yuki is setting up a display in the hardware store where he works. Creating a special exhibit of featured products this activity most likely involves. The correct option is D.
What is the importance of an exhibition?Exhibitions and events are effective marketing strategies. They provide you a chance to advertise your goods or services to an audience that may be unfamiliar with you or your business. Additionally, they provide a chance to network with both current and new clients. Continue reading to learn about more advantages of exhibitions.
Your product displays play a crucial role in attracting customers. You can easily draw customers in and emphasize your product's standout characteristics with a well-designed POP display. One risk of shopping is being lost in the sea of merchandise.
Thus, the ideal selection is option D.
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On September 12, Jody Jansen went to sunshine bank to borrow $2,300 at 9% interest. Jody plans to repay the loan on January 27. Kelly o Brian met Jody Jansen at Sunshine Bank and suggested she consider the loan on exact interest. What will the maturity value that Jody will owe on January 27, assuming exact interest?
Answers
The maturity value that Jody owes on January 27, assuming exact interest is $2,377.70
What is the meaning of exact interest?
The exact interest refers to interest payable by financial institutions which is based on a day-count of 365 days a year rather than an ordinary interest which is computed on the premise that there are 360 days in a year, hence, in determining the interest owed by the borrower in this case, we make use of 365 days instead of 360 days.
There are 137 days between September 12 and January 27 of the following year
interest owed by Jody=loan*interest rate*days interest outstanding/365
loan=$2,300
interest rate=9%
days interest outstanding=137
interest owed by Jody=$2,300*9%*137/365
interest owed by Jody=$77.70
maturity value=$2,300+$77.70
maturity value=$2,377.70
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ROK Corporation has provided you with the following information for 2010: (hint - set up T accounts for all accounts and post the transactions to the T accounts) A. Total Raw Materials Purchased and Used: $10,000 ($8,000 direct and $2,000 indirect) B. Factory Labor Incurred $8,000 ($6,000 direct and $2,000 indirect) C. Manufacturing overhead costs incurred exclusive of indirect materials and indirect labor costs: $1,000 D. Manufacturing Overhead is applied to the product based on 90% of direct labor dollars. E. $15,000 of product was completed during the period. Answer the following questions: 1. How much factory overhead was applied to the product
Answers
The factory overhead applied to the product is $5,400
Let understand that Factory Overhead means the total cost that is used in operating all the production segment (i.e depreciation of equipment, salary, wages, electricity) of a manufacturing company and its does not include the costs of direct labor & materials.
It is given that:- Factory Labor Incurred equals $8,000 (including $6,000 direct and $2,000 indirect
- Manufacturing Overhead is applied to the product based on 90% of direct labor dollars
Therefore, the Factory overhead applied will equals Direct factory labor incurred * 90% Overhead applied
Factory overhead applied = $6,000 * 90%
Factory overhead applied = $5,400
In conclusion, the factory overhead applied to the product is $5,400
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What advice would you give to anyone who thinks they are going to be terminated from their employment?
Answers
Answer:
✓ Do not panic
✓ ask your employer for a honest feedback
✓Initiate a conversation in a neutral setting with your boss
✓Don't trust everything your boss says
✓Do your best work possible
✓Step up your game
✓Keep your boss and others in the loop
method of producing surplus value. As an employer, what are your responsibilities towards employees and society?
Answers
Answer:
The primary responsibilities include the following. First, employers should provide their employees with good environment, a place a place of work and ensure that the employees have access to that place. This is through delivering equipment, tools, training all other things they require to do their job.
Explanation:
_____ represent either ownership or debt of publicly held firms and government issued debt, in the form of bonds, notes, and bills.
Answers
Marketable securities represent either ownership or debt of publicly held firms and government issued debt, in the form of bonds, notes, and bills. Hence, option (b) is relevant.
Give a brief account on marketable securities.Marketable securities are readily convertible into cash at a fair price and are highly liquid financial products. Marketable securities are liquid because their typical maturities are shorter than a year, and because the rates at which they can be bought or sold have little impact on their pricing. Businesses generally keep money in reserve to be ready for circumstances where they may need to act quickly, such seizing an acquisition opportunity as it arises or making contingent payments. However, a business will invest a portion of the cash in short-term liquid securities rather than keeping all of the cash in its bank accounts, which offers no possibility to generate interest.
In this way, the company can make money off its cash rather than letting it sit around idly. The company can quickly liquidate these securities if a sudden need for cash arises. Several assets that fall under the marketable securities category are examples of short-term investment products.
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The complete question is mentioned below :
_____ represent either ownership or debt of publicly held firms and government issued debt, in the form of bonds, notes, and bills.
A. Demand deposits
B. Marketable securities
C. Set-asides
D. Traveler's checks
Identify two employment laws which might affect
easyJet plc's business activities.
Answers
Answer:
EasyJet Plc is the eighth largest airline in the world and the second biggest in Europe, . The business generated revenue per passenger of £58 compared with a cost per seat . The return on capital employed was just under 12% in 2017. regarding Brexit which might impact on both revenue and costs going forward.
Explanation:I dont have one