The Lexington Partnership has a depreciable business asset (personal property) that it originally purchased for $81,800. The asset now has an adjusted basis of $49,080 and a market value of $98,160. The partnership has no other potential hot assets. Ambroz sells his 25% interest in the partnership. a. How much is Lexington's depreciation recapture potential

Answers

Answer 1

Answer:

Question b: How much ordinary income does Ambroz recognize when he sells this partnership interest?

a. Since the market value is more than its original cost, therefore, the completed depreciation can be potentially recaptured

Lexington's depreciation recapture potential = $81,800 - $49,080

Lexington's depreciation recapture potential = $32,720

b. Ambroz recognizes Ordinary income of: $32,720*25% = $8180


Related Questions

When Kate went to the library to apply for a job she needed to fill this out first?
1.Resume

2.W-2

3.Quota

4.Application 

Answers

The answer is number 4 applications
Can yu mark branilest plz

Solutions Company - Unadjusted Trial Balance as of December 31.
Account Titles
Unadjusted Trial Balance Dr. Unadjusted Trial Balance Cr.
100: Cash 20,000
110: Accounts Receivable 0
120: Supplies 7,600
160: Machinery 50,000
161: Accumulated Depreciation 20,000
200: Accounts Payable 0
205: Interest Payable 0
210: Wages Payable 0
230: Unearned Rental Fees 7,200
240: Note Payable 30,000
300: Common Stock 10,000
310: Dividends 9,500
320: Retained Earnings 14,200
400: Rental Fees 32,450
600: Wage Expense 24,500
610: Interest Expense 2,250
620: Supplies Expense 0
630: Depreciation Expense 0
113,850 113,850
Totals


Requirement:

Prepare year-end adjusting journal entries for each of these separate situations.

As of December 31, employees had earned $400 of unpaid and unrecorded wages. The next payday is January 4 at which time $1,200 in wages will be paid.
The cost of supplies still available at December 31 is $3,450.
The notes payable requires an interest payment to be made every three months. The next payment occurs after the new year begins. The amount of unrecorded accrued interest at December 31 is $800.
Analysis of the unearned rental fees shows that $3,200 remains unearned at December 31.
In addition to the machinery rental fees included in the revenue account balance, the company has earned another $2,450 in unrecorded fee that will be collected on January 31 of next year.
Depreciation expense for the year is $3,800.

Answers

The Preparing Adjusted Trial Balance with the help of Worksheet: is given below:

The Adjusted Trial Balance

Solutions Company

Worksheet

December 31

Accounts Unadjusted Trial Balance Adjusting Entries Adjusted Trial Balance

Debit Credit Debit Credit Debit Credit

Cash $20,000    $20,000

Accounts Receivable 0  $2,450  2,450

Supplies 7,600   $4,150 3,450

Machinery 50,000    50,000

Accumulated Depreciation  $20,000  3,800  $23,800

Accounts Payable  0    0

Interest Payable  0  800  800

Salaries Payable  0  400  400

Unearned Rental Fees  7,200 4,000   3,200

Note Payable  30,000    30,000

Common Stock  10,000    10,000

Dividends 9,500   9,500

Retained Earnings  14,200    14,200

Rental Fees  32,450  6,450  38,900

Salaries Expense 24,500  400  24,900

Interest Expense 2,250  800  3,050

Supplies Expense 0  4,150  4,150

Depreciation Expense 0  3,800  3,800

Totals $113,850 $113,850 $15,600 $15,600 $121,300 $121,300

Preparing Income Statement:-

Solutions Company

Income Statement

For the Year Ended December 31

Accounts Amount Amount

Revenue:-  

Rental Fees $38,900

Total Revenue  $38,900

Expenses:-  

Salaries Expense $24,900

Interest Expense 3,050

Supplies Expense 4,150

Depreciation Expense 3,800

Total Expenses  ($35,900)

Net Income  $3,000

Preparing Statement of Retained Earnings:-

Solutions Company

Statement of Retained Earnings

For the Year Ended December 31

Accounts Amount

Retained Earnings 14,200

Net Income 3,000

$17,200

Dividends (9,500)

Retained Earnings, Ending $7,700

Preparing Balance Sheet:-

Solutions Company

Balance Sheet

December 31

Accounts Amount Amount

Assets:-  

Cash $20,000

Accounts Receivable 2,450

Supplies 3,450

Machinery 50,000

Accumulated Depreciation (23,800)

Total Assets  $52,100

Liabilities:-  

Accounts Payable $0

Interest Payable 800

Salaries Payable 400

Unearned Rental Fees 3,200

Note Payable 30,000

Total Liabilities  $34,400

Stockholders Equity:-  

Common Stock $10,000

Retained Earnings, Ending 7,700

Total Stockholders Equity  $17,700

Total Liabilities and Stockholders Equity  $52,100

Preparing Closing Entries:-

Solutions Company

General Journal

December 31

Date Accounts Title and Explanation Debit Credit

December 31 Rental Fees $38,900

Income Summary  $38,900

(To close Revenue Account)  

December 31 Income Summary $35,900

Salaries Expense  $24,900

Interest Expense  $3,050

Supplies Expense  $4,150

Depreciation Expense  $3,800

(To close Expenses Accounts)  

December 31 Income Summary $3,000

Retained Earnings  $3,000

(To close Income Summary)  

December 31 Retained Earnings $9,500

Dividends  $9,500

(To close Dividends Account)

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Suppose for the year 2015, Speedy Chef, a fast food restaurant, had a Gross Profit of $1,281,648. Speedy Chef had the following expenses:

Cost of Goods Sold $1,251,167
Selling Expense $70,578
Rent Expense $156,941
Utilities Expense $73,994
Insurance Expense $35,148
Wages $505,245
General & Administrative $24,358
Miscellaneous $32,968
Interest Expense $4,059
Income Tax Expense $60,596
What would Speedy Chef's Income Before Taxes be for 2015?

Answers

The Speedy Chef's Income Before Taxes for 2015 is -$873,406.

The following are the operating expenses for Speedy Chef for the year 2015:Cost of Goods Sold $1,251,167Selling Expense $70,578Rent Expense $156,941 Utilities Expense $73,994Insurance Expense $35,148Wages $505,245General & Administrative $24,358Miscellaneous $32,968Interest Expense $4,059Income Tax Expense $60,596.

The formula to determine the Income Before Taxes (IBT) of Speedy Chef for 2015 is given below:Income Before Taxes (IBT) = Gross Profit - Total Operating ExpensesTotal Operating Expenses = Cost of Goods Sold + Selling Expense + Rent Expense + Utilities Expense + Insurance Expense + Wages + General & Administrative + Miscellaneous + Interest Expense + Income Tax Expense.Substitute the given values,Income Before Taxes (IBT) = Gross Profit - Total Operating Expenses = $1,281,648 - $2,155,054 = -$873,406.

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Seedi started a business to repair computers. The following transactions are given to you for the first month of the business. 01. Invested so.sh. 5,000 as the capital 02. Obtained a bank loan of so.sh. 2,000 03. Deposited so.sh. 100 in a fixed deposit account 04. Earned a cash income so.sh.so.sh. 600 from computer repairs 05. Paid so.sh. 100 as the monthly rent of the business 06. Geedi withdrew so.sh. 200 from the business for her private use 07. Purchased equipment at so.sh. 100. 08. Paid so.sh. 500 of the telephone bill of the month. 09. Geedi invested an additional capital of so.sh. 500 10. Paid so.sh. 200 of the bank loan hove transactions to the accounting​

Answers

Seedi started a business to repair computers. The journal entry for this transaction is:

Invested so.sh. 5,000 as the capital:

Debit Cash (Asset) so.sh. 5,000 Credit Capital (Owner's Equity) so.sh. 5,000.

Obtained a bank loan of so.sh. 2,000:

Debit Cash (Asset) so.sh. 2,000 Credit Bank Loan (Liability) so.sh. 2,000.

Deposited so.sh. 100 in a fixed deposit account:

Debit Cash (Asset) so.sh. 600 Credit Service Revenue (Revenue) so.sh. 600.

The term journal entry was the first part of the Financial statement. The journal entry was the based on the debit and the credit record in the book entry. The Journal was the pro forma of the statement.

Earned a cash income so.sh.so.sh. 600 from computer repairs:

Debit Rent Expense (Expense) so.sh. 100 Credit Cash (Asset) so.sh. 100.

Paid so.sh. 100 as the monthly rent of the business:

Debit Geedi's Withdrawals (Owner's Equity) so.sh. 200 Credit Cash (Asset) so.sh. 200.

Geedi withdrew so.sh. 200 from the business for her private use:

Debit Equipment (Asset) so.sh. 100 Credit Cash (Asset) so.sh. 100.

Purchased equipment at so.sh. 100. 08. Paid so.sh. 500 of the telephone bill of the month:

Debit Telephone Expense (Expense) so.sh. 500 Credit Cash (Asset) so.sh. 500.

Geedi invested an additional capital of so.sh. 500 10.:

Debit Cash (Asset) so.sh. 500 Credit Capital (Owner's Equity) so.sh. 500.

Paid so.sh. 200 of the bank loan hove transactions to the accounting​:

Debit Bank Loan (Liability) so.sh. 200 Credit Cash (Asset) so.sh. 200.

As a result, the significance of the journal entry for this transaction is the aforementioned.

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What does Nana need her family to help with to make her restaurant better?
1. Fixing up the restaurant
2.Cooking for the restaurant
3.Paying for the restaurant
4. Serving at the restaurant

Answers

If a person opens a restaurant, it would be best to hire competent staff and also make sure that the aims and objectives of the business are met.

What is a Restaurant?

This refers to the outlet where food, drinks, and other edibles are sold and distributed to the general public.

For a person opening a restaurant he would need all the help he can get and family members can also help out.

Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.

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Answer:

Fixing up the restaurant

Explanation:

hope this helps!

Do you think your career goals will be the same 5 years from now? 10 years from now? Why or why not?

Answers

Answer:

It maybe differ from your age, if you are in middle school now then maybe it may change later. But if you are already a graduate student then the main subject u r focusing in may be your career

The career goals of an individual are definitely subject to change during any given period like 5 years or 10 years. These changes in career goals may occur due to the change in his or her surroundings and other external factors.

What is the significance of career goals?

Career goals can be referred to or considered as such goals that an individual wishes to pursue in order to build his career and gain life and income opportunities. These career goals may be different for different individuals as per their choices.

In fact, the career goals may change for an individual as well over a span of any given period. The reasons for these changes may be unidentified in present. Some factors may be internal, such as change in desire; whereas the external factors include environmental and social changes.

Therefore, the significance regarding the change in career goals of an individual has been aforementioned.

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In a table, what is a field?

Answers

In a table, a field contains data about one aspect of the table subject.

Due to the fact that they contain all the data or information, tables are crucial database objects. You should always begin your design of a database by constructing all of its tables before developing any other items since other database objects rely so heavily on tables.  Records (rows) and fields (columns) make up a table.

Data can be entered in fields in a variety of formats, including text, numbers, dates, and hyperlinks. Each field in a table provides information specific to that field's subject, such as the first name or email address. You can modify the properties of tables and fields to alter their appearance or behaviour. A field property pertains to a specific field in a table and describes a feature or attribute of the field's behaviour.

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Answer:

Explanation:

In a table, a field contains data about one aspect of the table subject.

Explain the relationship between the factors of production and how that creates a
successful business.

Answers

Answer:

Natural resources (land)

Labor  (human capital)

Capital (machinery, factories, equipment)

Entrepreneurship

Explanation:

nature is the first key of success like having a land to start up

labor is the teamwork needed support between all ( all for one, one for all)

capital is needed just like food, no money no business

Entrepreneurship: it depends on what is the idea of business you want, and how it really help the community  

which business function is concerned with delivering a product or service to customers?

Answers

Answer:

Production

Production departments or companies are the manufacturing branches of a business to produce products or delivery of services to customers

A term that describes the whole accounting process is Accounting __________

Answers

Answer:

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities.

Explanation:

Imagine the products are in decline and recommend an extension strategy for each one. Make sure you explain your
A Galaxy chocolate bar
Candy Crush mobile app.
Evian water
Ferrari world.

Answers

All of these products should use a rebranding extension strategy.
Once a product reaches maturity and the market is saturated, it gradually starts to decline.

Because of this, one approach to lengthen the life of a product strategy is to always seek out ways to make it better, different, and even stand out from similar products that have already hit the market.

Rebranding, offering discounts, and looking for new markets are all examples of extension strategy methods. Rebranding is the process of giving an existing product a fresh look and feel in order to set it apart from the competition. For instance, a cosmetics company might provide additional brushes, blenders, or sponges.

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Question 2

Absentees do not seriously disrupt service and other productive activities if a company implements

a. job rotations
b. competition
c. goal-setting
mad Alsalami
d. culture

Answers

Absentees will not seriously disrupt service and other productive activities if a company implements a. job rotations.

How can absenteeism be dealt with?

In order to avoid absenteeism messing with the services and productive activities of a company, the company should implement job rotations.

This means that even when a worker misses their job by being absent, another worker can take their place thanks to job rotation equipping them with skills.

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If I travel to New York City from Boca Raton every weekend for 10 years, I am still considered a tourist in New York City.

Answers

Answer:

Yes

Explanation:

Yes, in any State or Country that you are not a permanent resident in you would be considered a tourist. In this scenario, you are a permanent resident of Boca Raton, Florida and only visiting New York City on weekends. Regardless of how frequent, since you are not a permanent resident and only travel on weekends to see the city or have fun then in the eyes of the law you are technically a tourist in the city.

Isabella and Antonio are auto mechanics. Isabella takes 6 hours to replace a clutch and 4 hours to replace a set of brakes. Antonio takes 8 hours to replace a clutch and 6 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.

Answers

Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.

- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.

How to determine the whether anyone has an absolute advantage at either task and, for each task

To determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.

Let's analyze the tasks:

1. Clutch Replacement:

- Isabella takes 6 hours.

- Antonio takes 8 hours.

Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.

2. Brake Replacement:

- Isabella takes 4 hours.

- Antonio takes 6 hours.

Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.

Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.

Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.

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Dysfunctional turnover: Group of answer choices occurs when a low performing employee remains employed with the organization. occurs when a high performing member of the organization quits. occurs when any employee who is a member of the organization quits. occurs when a high performing member of the organization remains employed. g

Answers

Answer:

occurs when a high performing member of the organization quits.

Explanation:

Dysfunctional turnover can be regarded as a separation which is voluntary action between different levels of performers. It should be noted that Dysfunctional turnover occurs when a high performing member of the organization quits.

The tables show two ways to pay off $500 in credit card debt. Which is the best option for someone who wants to improve his or her credit and pay less interest on the debt? $15 a month because it will let the person keep more spending money $100 a month because it will free up credit to buy other things $15 a month because it will save money in the long run $100 a month because it will reduce the amount of interest paid

Answers

$100 a month because it will free up credit to buy other things and it will reduce the amount of interest paid.

What is an installment in EMI?

A set monthly payment made by a borrower to a creditor on a predetermined day each month is known as an equated monthly installment (EMI). Every month, interest and principal are subject to EMIs, and the loan is repaid in full over a number of years.

When you have extra money, you can periodically credit more into your loan account than your EMI to reduce your interest payment. If you deposit more than your EMI, which is due on a regular basis, most banks won't impose a pre-payment penalty.

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Which of the following strategies yields positive profits when the stock price is low but not when the stock price is high?

a. Straddle
b. Bullish spread
c. Protective put
d. bearish spread

Answers

Answer: d. bearish spread

Explanation:

With a bearish spread, the investor believes the market to be heading for a price decline in the stock of interest. They will therefore purchase a put option on it. However, they also want to reduce the cost of the transaction so what they will do is to simultaneously buy 2 put options for the same asset for the same date of expiration but with different exercise prices.

If the price of the stock then falls, they will make a profit on both aand reduce costs.

Now that Alice Wood has a better idea of the market potential and market share for her proposed retail store, she wants to be satisfied that the Petite Shop will be successful and provide an adequate return on the $45,000 she has saved over the last few years to inve

Answers

In this problem, Alice Wood wants to be confident that the Petite Shop will be successful now that she has a better understanding of the market potential and market share for her proposed retail store.

What do you mean by social media?

Social media refers to the means by which people interact in virtual communities and networks to create, share, and/or exchange information and ideas.

Potential Advantages of Social media:

Brand awareness - Captivating and relevant content will pique the interest of potential customers and boost brand visibility. See Branding Fundamentals. As a result, social media can help to raise brand awareness.Brand reputation - Social media can improve how your audience perceives your company. See also public relations (PR).Cost effective - It can be much less expensive than traditional advertising and promotional activities. Maintaining a social media presence is inexpensive. You can spend as much money as you want on paid advertising if you want to.

Potential Disadvantages of Social media:

Resources - We must allocate funds to manage our social media presence, respond to feedback, and create new content. Hiring and training employees, investing in paid advertising, and covering the costs of creating video or image content are all examples of this.While the return-on-investment in terms of online sales generated by social media advertising is easy to quantify, there are some less tangible benefits. It can be difficult to quantify and value the brand awareness and reputation that social media can bring. It's difficult to know how social media affects in-store sales.Inefficient use of social media - Social media can be used inefficiently. Using social media to promote sales while failing to engage with customers or failing to respond to negative feedback.

Therefore, Alice concurs that more and more shopping is being done online. In comparison to more formal market research, social media determines Alice's store's potential for success.

In this problem, Alice Wood wants to be confident that the Petite Shop will be successful now that she has a better understanding of the market potential and market share for her proposed retail store.

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This is an incomplete question, the complete question is:

PTITE SHOP (B)

Now that Alice Wood has a better idea of the market potential and market share for her proposed retail store, she wants to be satisfied that the Petite Shop will be successful and provide an adequate return on the $45,000 she has saved over the last few years to invest.

Rather than conduct an actual survey in the viability of her business, Alice starts to engage with her social network about whether she should open her Petite Shop. While Alice's friends are supportive, she doesn't think she has had enough feedback, so she creates new social media accounts to share information about her potential store. Alice spends some time every day talking to her friends and people she has met online, and most people support her idea. However, she has become a bit concerned that some of her friends have suggested she should consider selling online as the business would require less cash investment to start and could involve less risk. While Alice agrees that more and more shopping is occurring online, she is convinced there is still room for a bricks-and-mortar Petite Shop.

She has a lot of information but is not sure how to use it.

Question:  What are some of the potential advantages and disadvantages of using social media to determine the potential for success for Alice's store compared to more formal market research?

I work in a small shop in my country. The central government owns the shop, tells me what to sell, how many products to sell, and for how much to sell the products. What type of economy do I live in?
Group of answer choices

Command

Mixed

Market

Traditional

Answers

Answer:

Market

Explanation:

A market economy is a system where the laws of supply and those of demand direct the production of goods and services. 1  Supply includes natural resources, capital, and labor. Demand includes purchases by consumers, businesses, and the government. Businesses sell their wares at the highest price consumers will pay.

~Hope this helps

How does your personal core competencies help you create value for the business where you work, or your life? What can you do to expand or improve your core competencies?

Answers

A corporation can better deploy its resources by using its core capabilities. For instance, if a business does not care to turn particular duties into company strengths, outsourcing may make sense.

A company's competitive edge in the market is derived from its core capabilities, which set it apart from its rivals. Instead of physical or monetary assets, a company's set of abilities or knowledge in a particular field is typically referred to as its core competency.

Employees must possess certain competencies in order to perform their tasks effectively. A competent worker is more effective and improves the working environment.

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Which of the following explains why products made under a command economy are more likely to be low quality?
O A) The workers who make them have little incentive to make them well.
O B) The workers who make them are not given quality-control guidelines.
O C) The workers who make them are left to manage production facilities on their own.
O D) The workers who make them are forced by tradition to use old-fashioned methods.

Answers

Answer:

O A) The workers who make them have little incentive to make them well.

Explanation:

In a command economy, the government does all the production through its agencies and institutions. The government employs all the workers. Public interest is the motive for engaging in commercial activities. Production is not profit-motivated; hence goods and services are availed to customers are low prices. The employees' pay is not high as organizations don't generate a lot of profits. Employee morale is low due to the low pay.

In command economies, there is no business competition. Government institutions are monopolies. Without competition, there is little innovation in the country. Employees are not challenged to develop new products as consumers have no other alternatives.

Over time, the stock market has…

A. Experienced highs and lows but increased in overall value

B. Had slight ups and downs but stayed abt the same in value

C. Rarely experienced changes and has maintained the exact same value

D. Gone through severe ups and downs with an overall decrease in value

Answers

Over time, the stock market has D. Gone through severe ups and downs with an overall decrease in value.

What is the stock market?

An equity market, stock market, or share market is a gathering of buyers and sellers of equities, which reflect ownership claims on companies. Securities listed on a public stock market may be among these stocks.

On the stock market, buyers and sellers of securities can interact, communicate, and transact business. The markets serve as a price discovery mechanism for corporate stock and a barometer for the health of the national economy. Buyers and sellers can be confident that they will receive a fair price, a high level of liquidity, and transparency since market participants compete in an open market.

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Question 2.
Sooraj works as a salesman in a company selling pet accessories and food. He has been given a target of selling 1200 units of the food packets in a month by offering a maximum of 10% discount to his customers. In order to meet his monthly sales target, on the last two days of the month, he offers 15% discount to his customers.
In the context of the above case, is Sooraj effective in his work? Explain by giving a suitable reason in support of your answer.

Answers

Sooraj is effective in his work. This is because Sooraj was able to sell 1200 units of food packets in a month. Although he provided a 10% discount on the food packets, he was still able to meet his monthly sales target.

In addition, Sooraj offered a 15% discount on the last two days of the month to increase his sales target. It can be seen that the customers were attracted to the discount offer and Sooraj was successful in selling more units.

So, he is effective in his work because he was able to sell 1200 units of food packets in a month by offering a maximum of 10% discount to his customers and providing 15% discount to his customers on the last two days of the month.

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100 POINTS PLZ HELP
Career and Technical Student Organizations: Tutorial
Choosing a Professional Organization
This activity will help you meet these educational goals:
Content Standards— You will research and choose a professional organization for your chosen career path.
Inquiry—You will conduct online research in which you will collect information and communicate your results in written form.
21st Century Skills — You will use critical-thinking and problem-solving skills.
Directions
Read the instructions for this self-checked activity. Type in your response to each question, and check your answers. At the end of the activity, write a brief evaluation of your work.
Activity
Identify three professional organizations for your chosen career via Internet research. Describe the membership requirements, as well as any certifications that the organization might offer. Why would you join the organization? What are the benefits of joining it? What are the drawbacks? Do you have to get any certifications? Identify the one organization that you believe would be the best for a professional entering the field in that chosen career cluster, and explain why.

Answers

Answer:

Hydrologist

Architect

Naval architect

Architectural or civil drafter

Materials lab and supply technician

Explanation:

Answer:

PLATO/edmentum sample answer :)

Explanation:

I have conducted an online research and identified three professional organizations for my chosen career path of finance and insurance. The organizations are as follows.

International Cost Estimating and Analysis Association (ICEAA): This association is a non-profit organization that has not only national chapters but also international ones. It fosters the professional growth of its members and has open membership for students, professionals, and government employees. It offers a certification program that could train you to become a Certified Cost Estimator/Analyst. This certification program consists of two parts. However, one needs five years of cost experience and a bachelor’s degree. A benefit of joining this program is that members can get international exposure because of the presence of international chapters.

International Association of Insurance Professionals: This association provides a platform for people who want to establish a career in insurance. This professional association is open to all individuals in the insurance and risk management industries. It offers various programs for entry-level professionals and for those who want to continue their education. One of the most popular certifications it offers is the Certified Leadership Program (CLP). This program has four modules, with papers ranging from strategic planning to self-leadership. The benefits of joining this organization are that it provides mentoring opportunities, has various educational programs and certifications, and—most important—offers partnerships with other business organizations that could prove beneficial in the long run.

Government Finance Officers Association (GFOA): This organization has an open membership for those moving toward government financial management. It has comprehensive resources and updates its members on accounting standards such as GAAP and the Code of Professional Ethics. The Certified Public Finance Officers Program is the certification that GFOA offers. This self-study program tests your knowledge of government finance. It is a series of five examinations that receives technical support from Radford University. The benefit of joining this organization is that it provides internships and scholarships for students. Because of this benefit, I think GFOA is the best organization for providing guidance and support to students and professionals entering the Finance career cluster.

As a student of Business Ethics and a managing director of a multinational company, discuss five (5) factors you will consider in managing the multi-cultural and diversified workforce in Ghanaian business organizations.

Answers

Communication, ethics, conflict management, learning, and inclusion are some issues to consider when leading a multicultural and diversified workforce in Ghanaian business organizations.

How do you lead a multicultural team?

In order to foster a culture that celebrates variety and individuality, it is crucial that there be a number of rules and procedures that concentrate on organizational ethics. The manager must be aware of the requirements of the teams, encourage learning, and include the staff in organizational procedures.

Therefore, the sharing of knowledge, learning, and creativity can benefit from a diverse culture.

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what is the fastest way to grow your account (in followers and likes) on social media? this doesn't have to be "right" just say what has helped you grow on social media​

Answers

Answer:

I think is just be nice like thier pics leave nice comments cause if ur nice to them they might think Oh that was nice I'm gonna follow them and just put cute pics and things that are trendy so people will see them and always stay nice and polite

Explanation:

2. Maria and her friend Sabrina have been reading the organizational policies and
procedures for their upcoming internships at a marketing company. One of the policies
states: "Employees must dress professionally and conduct themselves in a professional
manner at all times." One of the procedures states: "A probationary period of two weeks
will be in effect for all new employees. Maria isn't sure how to interpret these statements.
How can Sabrina help interpret and explain these policies and procedures for Maria ?

Answers

Sabrina can help Maria interpret and explain these policies and procedures by:

Clarifying any unclear or ambiguous languageProviding contextExplaining the consequences of non-complianceOffering examplesEncouraging questions and open communication

What do these ways of policy explanation mean?

These ways of explanation are explained as follows:

1. Clarifying any unclear or ambiguous language: Sabrina can help Maria understand the meaning of specific words or phrases that are unclear or ambiguous, such as "professionally" or "probationary period."

2. Providing context: Sabrina can help Maria understand the context in which these policies and procedures are being applied, including the goals and objectives of the organization, the culture of the workplace, and the expectations of employees.

3. Explaining the consequences of non-compliance: Sabrina can help Maria understand the consequences of not adhering to these policies and procedures, including any disciplinary action that may be taken.

4. Offering examples: Sabrina can provide examples of what it means to dress and conduct oneself professionally, and what is expected during the probationary period, to help Maria better understand and apply these policies and procedures in practice.

5. Encouraging questions and open communication: Sabrina can encourage Maria to ask any additional questions she may have and to speak openly with management or HR if she has any concerns about these policies and procedures.

Therefore, the correct answers are give above.

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Fill in the blank: City hotels are typically (Inexpensive/expensive/uncomfortable) because they are in the commercial and business areas of the city. They usually cater to (Leisure/budget/business) travelers, who prefer staying in the city.

Answers

Answer:

Expensive, Business

Explanation:

City hotels are typically expensive because they are in the commercial and business areas of the city. They usually cater to business travelers, who prefer staying in the city.

Rent and rates in the cities are usually higher than in other areas. Businesses located in the cities, especially those in the hospitality industry,  will charge a higher price than those found in other regions of the economy.

Hotels in the cities pay higher rent. They also offer premium services hence charge higher prices.

You have a credit card bill from ABC Credit for a total of $3,754. Please group the transactions within the appropriate T-Accounts based on the chart of accounts in your resources section. Within that balance the following transactions are listed:
$420 Office Supplies
$334 Auto (company van payment)
$1500 123 Computers to Go
$250 Electric Company
$100 Water
$150 Good Steak House (company luncheon)
$250 ABC Office Supplies
$100 Fuel Stop
$650 Furniture

Answers

Credit card bill from ABC credit have listed a number of expenses made, these needs to be posted according to the relevant accounting heads.

What is Accounting?

Accounting is the calculation of cash, in other terms it is the study of debit and credit. The accounting teaches the treatment of different transactions, the transactions are divided in different heads, asset, expense, income, liability and capital.

T Accounts should be made as follows.

Assets

DR $1500 Computers

DR $650 Furniture

DR $334 Van Payment

Expenses

DR $420 Office Supplies

DR $250 Electric Company

DR $100 Water

DR $250 Office Supplies

Petty Expenses

DR $150 Steak House

DR $100 Fuel Stop

The expenses are distributed among the heads that they are relevant to, petty expenses only contains the payment for expenses that are immaterial in nature and amount, Asset account have the payments made for assets.

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Two groups have different uses for a local field. A bird watching society enjoys studying the ground-nesting swallows that visit each summer. A mountain bike camp prefers to use the field to build jumps and hold other events and receives a benefit of $1,000 from using the field. When it does, the activities scare away the birds and the bird-watching society faces a wealth reduction of $700. What is the optimal use of the field during the summers

Answers

The optimal use of the field during summer season is to provide the field to the bird watching society.

The optimal use of the field during summer season is to avoid the mountain bike camp and allow the bird watching society to enjoys studying the ground nesting swallows that visit each summer because bike camp can be planned at any other location.

But the birds can't nested except this place so the field should allow the bird watching society to enjoys studying the ground nesting swallows on the field so we can conclude that the optimal use of the field during summer season is to provide the field to the bird watching society.

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