What happens to your employer-sponsored retirement plan if you decide to change employers?

Answer:

Goodwill Impairment (Debit)

           Goodwill (Credit)

Explanation:

In case goodwill is impaired, then the entry to record this impairment will be Goodwill Impairment Debit and Goodwill Credit.

By crediting the Goodwill, the account will be reduced. This shows that the business is currently worth less than is accounted for. The Goodwill account is reduced to identify this difference.

The Impairment loss is an expense and must be reflected in the income statement. Therefore, while we reduce Goodwill amount from balance sheet. We record the expense on the income statement, which would mean that the current year profit amount will be reduced.

In this ques, the contract which has been created is a type of express contract. Express contract is a contract in which the terms by which the parties agree to be bound are stated either orally, in writing, or in a combination of both, at the time the exchange of promises is made.

It is given that the contract has been executed between Jonus and Glasper Office Park to perform landscaping services.

Thus, this is an expressed contract since the parties signed it, expressing their wish to contract. All the details and requirements have been shared by the parties and for that they have signed also.

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1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.

Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.

This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.

In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.

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Answer:

35 minutes

Explanation:

45 - 10 = 35

:))))))))))

Organizations are known for their firm objectives. The act of deciding the objectives and to decide the resource marshalling in order to realize the objectives  are said to be the focus of strategic and business planning.

A business strategy often needs the information that are general, high level etc. A business plan or strategy must have a define objectives.

A tactic is often employed to know the ways which some products  enter the market.

Resource marshalling is known as a  strategic plan that is often long-term plan, and one that  helps to known the right actions to support in terms of the mission and goals of the organization.

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To calculate the cost of capital for each source, we'll consider the cost of debt, cost of preferred stock, and cost of common stock.

1. Cost of Debt:

The cost of debt is the interest rate the company pays on its debt. In this case, the company has issued bonds with a par value of $50, currently selling at $60, and a coupon rate of 10% for 5 years.

Cost of Debt = (Interest Expense / (Bonds Market Value - Bond Discount)) * (1 - Tax Rate)

Interest Expense = Bonds Market Value * Coupon Rate

Bonds Market Value = Number of Bonds * Bond Selling Price

Number of Bonds = 10,000

Bond Selling Price = $60

Coupon Rate = 10%

Tax Rate = 35%

Interest Expense = $60 * 10,000 * 10% = $60,000

Bonds Market Value = 10,000 * $60 = $600,000

Bond Discount = Par Value - Bond Selling Price = $50 - $60 = -$10 (Negative value because the bond is selling at a premium)

Cost of Debt = ($60,000 / ($600,000 - (-$10))) * (1 - 0.35) = $6,000 / $600,010 * 0.65 = 0.064997 (approximately 6.50%)

2. Cost of Preferred Stock:

The cost of preferred stock is the dividend rate the company pays on its preferred stock. In this case, the preferred stock is issued at $150 with a promised dividend of $8 per share.

Cost of Preferred Stock = Dividend / Preferred Stock Price

Dividend = $8

Preferred Stock Price = $150

Cost of Preferred Stock = $8 / $150 = 0.053333 (approximately 5.33%)

3. Cost of Common Stock:

The cost of common stock is calculated using the dividend growth model. The dividend is expected to grow at different rates for different periods.

First 3 years: Dividend Growth Rate = 8%

Next 3 years: Dividend Growth Rate = 6%

Indefinite period: Dividend Growth Rate = 5%

Cost of Common Stock = Dividend / Current Stock Price + Growth Rate

Dividend = $2

Current Stock Price = Market Price

Growth Rate = Dividend Growth Rate

Cost of Common Stock = $2 / Market Price + Growth Rate

Weighted Average Cost of Capital (WACC):

The weighted average cost of capital is the weighted average of the costs of each source of capital, considering their respective proportions in the capital structure.

WACC = (Weight of Debt * Cost of Debt) + (Weight of Preferred Stock * Cost of Preferred Stock) + (Weight of Common Stock * Cost of Common Stock)

Weight of Debt = Debt / Total Capital

Weight of Preferred Stock = Preferred Stock / Total Capital

Weight of Common Stock = Common Stock / Total Capital

Debt = $100,000

Preferred Stock = $200,000

Common Stock = $600,000

Total Capital = Debt + Preferred Stock + Common Stock = $100,000 + $200,000 + $600,000 = $900,000

Weight of Debt = $100,000 / $900,000 = 0.111111 (approximately 11.11%)

Weight of Preferred Stock = $200,000 / $900,000 = 0.222222 (approximately 22.22%)

Weight of Common Stock = $600,000 / $900,000 = 0.666667 (approximately 66.67%)

WACC = (0.111111 * 6.50%) + (0.222222 * 5.

The cost of capital for each source can be calculated by determining the cost of debt, cost of preferred stock, and cost of common equity. The cost of debt is 8.33%, the cost of preferred stock is 5.33%, and the cost of common equity is 14.77%.

To find the cost of capital for each source, we will calculate the cost of debt, cost of preferred stock, and cost of common equity.

The cost of debt can be calculated using the formula: Cost of Debt = (Annual Interest Payment / Bond Price) x 100%. In this case, the bond price is $60 and the annual interest payment is 10% of the bond's par value of $50, so the cost of debt is (0.10 * $50 / $60) x 100% = 8.33%.

The cost of preferred stock can be calculated using the formula: Cost of Preferred Stock = Dividend / Stock Price. In this case, the dividend is $8 per share and the stock price is $150, so the cost of preferred stock is $8 / $150 = 5.33%.

The cost of common equity can be calculated using the Dividend Discount Model (DDM) formula: Cost of Common Equity = Dividend / Current Stock Price + Growth Rate. The growth rate for the first 3 years is 8%, for the following 3 years is 6%, and for an indefinite period is 5%. The dividend for common stock is $2 per share. The current stock price can be calculated using the market value of the common stock ($2 * 600,000 = $1,200,000) divided by the number of shares (600,000), which equals $2 per share. The cost of common equity is $2 / $2 + 0.08 + 0.06 + 0.05 = 14.77%.

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Answer:

This is a law question.

Explanation:

Accumulated depreciation is reported on the balance sheet as a contra asset that reduces the net book value of the capital asset section.

Accumulated depreciation refers to the life-to-date depreciation that has been recognized that reduces the book value of an asset. On the other hand, accelerated depreciation refers to a method of depreciation where a higher amount of depreciation is recognized earlier in an asset’s life. Since accelerated depreciation is an accounting method for recognizing depreciation, the result of accelerated depreciation is to book accumulated depreciation.

Under this method, the amount of accumulated depreciation accumulates faster during the early years of an asset’s life and accumulates slower later.

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Answer:  Economics is the scientific study of the ownership, use, and exchange of scarce resources – often shortened to the science of scarcity. Economics is regarded as a social science because it uses scientific methods to build theories that can help explain the behaviour of individuals, groups and organisations.  

Economics is a social science focused on the economy and economic activities. Students majoring in economics study economic systems and how individuals and organizations produce and exchange goods.

a) Journalizing the July transactions and the July 31 adjusting entry for accrued interest receivable for Milton Company is as follows:

July 5 Debit Credit Card $4,500

Credit Sales Revenue $4,500

Milton Company credit cards.

July 14 Debit Visa Credit Card $582

Credit Visa Credit Card Expense $18

Credit Sales Revenue $600

Visa credit cards with a service charge of 3%.

July 20 Debit Cash $6,120

Credit Notes Receivable (Coote Inc.) $6,000

Credit Interest Revenue $120

July 24 Debit Cash $7,930

Credit Notes Receivable (Brady Co.) $7,800

Credit Interest Revenue $130

July 31 Debit Interest Receivable $50

Credit Interest Revenue $50

b. The balance sheet presentation of the receivable accounts as of July 31 is as follows:

Milton Company

Balance Sheet as of July 31:

Credit Cards           $5,082

Notes Receivable $10,000

Interest Receivable     $50

Notes Receivable account balance = $23,800

Detailed as follows:

Date       Maker         Face Value      Term      Maturity Date    Interest Rate

21-Apr    Coote Inc       $6,000      90 Days       20-Jul                   8%

25-May  Brady Co          7,800      60 Days       24-Jul                   10%

30-Jun   BMG Co         10,000       6 Months     31-Dec                   6%

Total                          $23,800

July 5 Credit Card $4,500 Sales Revenue $4,500

Milton Company credit cards.

July 14 Visa Credit Card $582 Visa Credit Card Expense $18 Sales Revenue $600

Visa credit cards with a service charge of 3%.

July 20 Cash $6,120 Notes Receivable (Coote Inc.) $6,000 Interest Revenue $120

July 24 Cash $7,930 Notes Receivable (Brady Co.) $7,800 Interest Revenue $130

July 31 Interest Receivable $50 Interest Revenue $50

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Answer:

The user interface of the automated teller machine contains Graphical User Interface.

Explanation:

The Graphical User Interface (GUI) is a user interface that allows the ATM customer to perform basic financial transactions of viewing their account balance, withdrawing cash, and depositing funds in an interactive manner.  The GUI as an interactive visual display uses objects to convey information to the user.  Actions to be taken by the ATM customer are also represented, so that the user or ATM customer feels as if she were communicating with another human.  The GUI responds faster than a human.

Answer:

will decrease per unit

If the sales mix shifts to four units of Product A and one unit of Product B, then the weighted-average contribution margin will: $ 4.8 per unit of sales mix.

Explanation:

Jeffries Corporation:  

                                        Product A:        Product B:

Revenue                           $16.00             $24.00

Variable Cost                      $12.00             $16.00

Contribution Margin         $ 4.0                 $8.0

Sales Mix                          3 units                1 unit

 %                                     0.75                  0.25

When he sales mix consists of three units of Product A and one unit of Product B the weighted-average contribution margin was

C.M (3* Product A ) +C. M( 1* Product B)

$ 4.0*0.75 + $8.0*0.25= $ 3.0 + $2.0 = $ 5.0

If the sales mix shifts to four units of Product A and one unit of Product B, then the weighted-average contribution margin will: $ 4.8 per unit of sales mix.

The new Sales mix % will be

Product A = 4/5= 0.8 % and

Product B = 1/5 = 0.2%

C.M (4* Product A ) +C. M( 1* Product B)

$ 4.0*0.8 + $8.0* 0.2= $ 3.2 + $1.6 = $ 4.8

Because the contribution margin of Product B is greater and the CM of Product A is less so when we decrease the % of Product B in the Sales mix the CM is also decreased.

Answer:

8% plus 8%

Explanation:

8% plus 8% will yield 16.64% total and the 6% and 10% yields 16.60% total

Answer: 936

Explanation: 4.8% of 19,500 = 936

Answer:

34,000

Explanation:

The computation of the accumulated other comprehensive income on the 20X2 balance sheet is shown below:

In the given situation , since the investment is a long term and it would also be classified as an available for securities So if there is any unrealized gain or loss so the same would be reported

As we can see there is a gain of 34,000 in 20X2 so the same is to be shown in the accumulated other comprehensive income

1. Based on the information provided, it is not possible to ascertain whether Nicholas is an unethical manager. However, Joseph’s account of the situation raises some red flags about Nicholas’ behavior.

2. The chosen ethical decision-making concept is fairness, which is one of the key ethical principles in business.

1. Based on the information provided, it is not possible to ascertain whether Nicholas is an unethical manager. However, Joseph’s account of the situation raises some red flags about Nicholas’ behavior. It appears that Nicholas did not take the time to review the contract or the team’s thoughts, but still took over the conversation with the supplier and changed the figures. This behavior could be seen as a violation of the ethical principle of fairness, which involves treating others in a reasonable, equitable, and impartial way. Nicholas’ actions suggest that he did not give due consideration to the team’s input or their efforts to finalize the contract, which could affect their working relationship and trust in him as their manager.

2. The chosen ethical decision-making concept is fairness, which is one of the key ethical principles in business. Fairness is based on the idea of treating all stakeholders equitably and impartially, taking into account their needs, interests, and perspectives. In this case study, Nicholas’ actions appear to violate the principle of fairness by disregarding the efforts of Joseph and his team to finalize the contract, and making unilateral changes without adequate review or discussion.

To analyze this situation using an analytical tool, we can use the Stakeholder Mapping tool, which helps to identify and categorize stakeholders based on their level of interest and power. In this tool, stakeholders are divided into four categories: High power/high interest, High power/low interest, Low power/high interest, and Low power/low interest. In this case, Joseph and his team are the stakeholders with high power and high interest in the situation, as they are responsible for finalizing the contract.

Using the Stakeholder Mapping tool, we can see that Nicholas’ actions have the potential to undermine the trust and collaboration of high power/high-interest stakeholders, who are critical to the success of the project. Specifically, his actions may cause frustration, resentment, and loss of confidence in his management ability. This could result in a breakdown of communication and cooperation, which would ultimately affect the team’s performance and the overall success of the project. Therefore, it is important for Nicholas to consider the perspectives and input of all stakeholders, including those with high power and high interest, when making decisions that affect them. By doing so, he can ensure that his decisions are ethical, fair, and aligned with the needs of all stakeholders.

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Answer:

C. 1982 to 1984 is correct answer

$2,340 is Glasgow's ending inventory under LIFO.

LIFO stands for “Last-In, First-Out”. It is a method used for the purpose of assuming cost flows when calculating the cost of goods sold. The LIFO method assumes that the newest products added to the company's inventory are sold first.

In times of rising prices, it may be beneficial for companies to use LIFO versus FIFO cost accounting. Under LIFO, businesses can save on taxes and also better align their income with the latest costs when prices rise. International Financial Reporting Standards (IFRS).

The order in which an element is added to or removed from the stack is described as last in, first out, abbreviated as LIFO.

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The net cost of the item, after applying the series trade discount, is $63.41.

To calculate the net cost of the item, we need to apply the series trade discount provided. The series trade discount is given as 10/10/19, which means there are three successive discounts applied.

Let's break down the discounts:

To find the net cost, we need to calculate the price after each discount.

Step 1: Apply the first discount of 10%

List price - (10% of list price)

List price - (10/100 * List price)

List price - 0.1 *

List price = 0.9 * List price

Step 2: Apply the second discount of 10%

0.9 * List price - (10% of 0.9 * List price)

0.9 * List price - (10/100 * 0.9 * List price)

0.9 * List price - 0.09 * List price

0.81 * List price

Step 3: Apply the third discount of 19%

0.81 * List price - (19% of 0.81 * List price)  

0.81 * List price - (19/100 * 0.81 * List price)

0.81 * List price - 0.1539 * List price

0.6561 * List price

Now, to find the net cost, we multiply the list price by the result of the series of discounts:

Net cost = List price * 0.6561

Given that the list price is $96.60, we can calculate the net cost:

Net cost = $96.60 * 0.6561

Calculating this, we find:

Net cost = $63.41 (rounded to the nearest cent)

Therefore, the net cost of the item, after applying the series trade discount, is $63.41.

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Answer:

marginal cost analysis

Answer:

$13,186.84

Explanation:

Use the Time Value of Money Techniques to Solve the Problem

Pv = $53,000

N = 5

i = 7.75 %

Fv = $ 0

P/yr = 1

Pmt = ?

Using a Financial Calculator, the annual loan payment (Pmt) is $13,186.84.

Answer:

school

private

University

The creditor is required to give Kate the name of the credit bureau that supplied the report under the Fair Credit Reporting Act (FCRA). The FCRA is a federal law that regulates the collection, use, and disclosure of consumer credit information. Under the FCRA, creditors are required to provide consumers with a copy of their credit report upon request. They are also required to provide consumers with the name and address of each credit bureau that has provided them with a report within the past two years.

The other laws you mentioned are also important, but they do not specifically address the issue of providing consumers with the name of the credit bureau that supplied their report. The Fair Credit Billing Act (FCBA) regulates the billing practices of creditors and credit card companies. The Truth in Lending Law (TILA) requires lenders to disclose certain information to borrowers, such as the annual percentage rate (APR) and the total amount of interest that will be charged on a loan. The Equal Credit Opportunity Act (ECOA) prohibits creditors from discriminating against borrowers on the basis of race, color, religion, national origin, sex, marital status, age, or because they receive income from a public assistance program.

Answer:

a. Provide the journal entry for the vacation pay

Debit Vacation and Holiday expense $49,000

Credit Vacation and Holiday  payable $49,000

(To record earned Vacation and Holiday expenses)

b. Provide the journal entry for the pension benefit

Debit Pension expense $30,000

Credit Pension liability  $30,000

(Being pension benefit recognition)

Explanation:

Answer:

Producers believe that a quality product has quality of conformance, which means that their products are designed and produced to specifications.

Explanation:

Answer:

decreased

Explanation:

As we know that there is a negative relationship between the rate of return i.e. required and the price of the stock. That means if the required rate of return rises, than the price of the stock reduced and vice versa

As in the given situation it is mentioned that the required rate of return increase so the price of the stock is decreased

The same is to be considered

Answer:

Whereas job enlargement means increasing the scope of job quantitatively by adding up more tasks, job enrichment means improvement in the quality of job such that employees are more satisfied and fulfilled. ... Job enrichment entails the functions of planning and organizing and enlargement involves execution of the same.

Net suite offers functions that also serve accounting purposes, such as CRM. Intacct is good for companies with subsidiaries in different counties

Navigate to the Dependents and Benefits tab to manage your dependents and beneficiaries. A 360-degree review solicits comments from direct reports, peers who work closely with the employee, and supervisors in order to provide information to the individual from all perspectives.

A primary beneficiary is the person (or group of people or organizations) you name to receive your belongings after your death. If the primary beneficiary dies, the assets are distributed to the contingent beneficiary. Any property that is not expressly bequeathed to another beneficiary is distributed to a residuary beneficiary.

As a result, the criteria for selecting beneficiaries should be based on the overall purpose of the project. This may include job-related factors such as motivation.

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