Answers
Answer:
9.1%
Explanation:
To calculate the annual rate of return on this account you can use the following formula:
r = ( FV / PV )^1/n - 1, where
r= rate of return
FV= future value= 25,000
PV= present value= 450
n= number of periods of time= 46
r=(25,000/450)^(1/46)-1
r=55.56^0.0217-1
r=1.091-1
r=0.091 → 9.1%
According to this, the annual rate of return on this account was 9.1%.
Related Questions
Which scenario holds true when a tariff is applied to an imported item? A. both domestic and foreign consumers pay the same price B. domestic consumers of the imported item pay a higher price C. foreign consumers of the imported item pay a higher price D domestic consumers of the imported itern pay a lower price
Answers
Answer:
i would say b, the domestic pay more.
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Answers
Using the appropriate tool from the Accountant Tools menu, the 4 options that can be batch reclassified in QuickBooks Online Accountant are options A, B, C and F:
ClassesCustomersProducts and ServicesAccountWhat is QuickBooks Online Accountant?In the above question, too batch reclassify these items, you can use the "Batch Reclassify Transactions" tool, which can be found under the Accountant Tools menu.
This tool allows you to select multiple transactions and reclassify them to a different account, class, customer, or product/service.
Therefore, Locations, tax codes, and suppliers cannot be batch reclassified using this tool. However, you can edit individual transactions to change their location, tax code, or supplier if necessary.
Learn more about QuickBooks Online from
https://brainly.com/question/24441347
#SPJ1
See full question below
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Classes
Customers
Products and Services
Locations
Tax Code
Account
Suppliers
The U.S. military defends Ngoc from foreign conflict. The fact that Ngoc enjoys this protection does not detract from other Americans' enjoyment of it. For this reason, we say that national defense is A. excludable. B. not excludable. C. rival in consumption. - D. not rival in consumption.
Answers
The American military protects Ngoc from external conflict. Ngoc's enjoyment of this protection does not diminish its value for other Americans. We assert that national defense is not rival in consumption.
What is non-rival in consumption?A rival good is something that only one user can acquire or consume. On the other hand, a good is considered a non-rival good if it can be used or owned by numerous users. Radio stations and the internet are two instances of nonrival goods. The majority of non-rival goods examples are intangible. An example of a non-rival good is broadcast television; when one consumer switches on their TV, it does not stop the TV in another customer's home from working. Television transmissions are non-rival products, whereas the television itself is a rival good. In terms of consumption, national defense is unrivaled. All citizens are regularly provided with this service.
To know more about Not rival in consumption visit:
brainly.com/question/14844152
#SPJ4
The average lifespan of a new battery is 2234 hours before burning out. The standard deviation is 412 hours and the lifespans are normally distributed. What percentage of batteries last between 2100 and 3100 hours?
Answers
Answer:
no clue I don't study battery's sorry
Let MAC1 = 100 – 10E and MAC2 = 50 – 10E. Graph each function and compute the aggregate MAC curve. Let MD = 30E, compute the socially efficient equilibrium. For the equations given above, suppose the government sets the pollution level at four units. What are the net social costs of this policy?
Suppose a technological change occurs that reduces the marginal costs of abatement for polluter 1 in the above equation to that of polluter 2. How does this affect the socially efficient level of pollution? Solve numerically and graphically.
Answers
If the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not impact the socially efficient level of pollution. The level is still determined by equating Marginal Damage with the Aggregate MAC.
To graph each function, we can plot MAC1 and MAC2 on a graph with the quantity of emissions (E) on the x-axis and the marginal abatement cost (MAC) on the y-axis.
For MAC1: MAC1 = 100 - 10E
For MAC2: MAC2 = 50 - 10E
To compute the aggregate MAC curve, we add the individual MAC curves together. So, Aggregate MAC = MAC1 + MAC2.
Aggregate MAC = (100 - 10E) + (50 - 10E) = 150 - 20E
Now, let's calculate the socially efficient equilibrium by setting the Marginal Damage (MD) equal to the Aggregate MAC.
MD = Aggregate MAC
30E = 150 - 20E
Simplifying the equation, we get:
50E = 150
E = 3
Therefore, the socially efficient equilibrium occurs when the quantity of emissions (E) is 3.
Now, let's calculate the net social costs of the policy when the government sets the pollution level at four units.
Net social costs = Aggregate MAC - MD
Net social costs = (150 - 20(4)) - (30(4))
Net social costs = 110 - 120
Net social costs = -10
The net social costs of this policy would be -10, indicating a net benefit to society.
If a technological change occurs that reduces the marginal costs of abatement for polluter 1 to that of polluter 2, it means that MAC1 will become equal to MAC2.
Setting MAC1 equal to MAC2:
100 - 10E = 50 - 10E
Simplifying the equation, we find that E can have any value, as both sides are equal.
Graphically, this change would mean that MAC1 and MAC2 become parallel lines on the graph, with the same slope and intercept. The socially efficient level of pollution would still be determined by equating MD with the aggregate MAC.
In conclusion, if the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not affect the socially efficient level of pollution. The socially efficient level is still determined by equating the Marginal Damage with the Aggregate MAC, regardless of the marginal costs of individual polluters.
For more question on marginal visit:
https://brainly.com/question/14867207
#SPJ8
Which of the following is not an advantage cost plus pricing
Answers
It leads to profit maximization is not an advantage of cost plus pricing.
What is Profit maximization?Profit maximization is a short- or long-term technique that helps businesses choose the prices, input levels, and output levels that will provide the most profit overall.
Businesses go through the procedure of profit maximization to ensure that the ideal levels of productivity and pricing are attained in order to maximize their profits. In order to meet its profit goals, the corporation alters crucial factors including sale price, cost of production, and value of output. Businesses must reduce costs if they want to increase earnings. Simply said, cost reduction refers to a company's ability to maximize production or provide a particular outcome with the fewest resources feasible.
To know more about Profit maximization, visit:
https://brainly.com/question/13401045
#SPJ1
Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04
Answers
The solution to the given question when we consider total cost and total revenue, given in the following table:
The Financial TableQuantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit
------- | -------- | -------- | -------- | -------- | --------
0 | 5 | 5 | 0 | 0 | -5
1 | 11 | 6 | 6 | 6 | 1
2 | 17 | 6 | 12 | 6 | 5
3 | 24 | 7 | 18 | 6 | 4
4 | 31 | 8 | 24 | 6 | -7
5 | 39 | 8 | 30 | 6 | -9
6 | 47 | 8 | 36 | 6 | -11
7 | 55 | 8 | 42 | 6 | -13
As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.
Therefore, the answer to the question is 3.
In summary:
The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.Read more about marginal revenue here:
https://brainly.com/question/13444663
#SPJ1
preferred stock that has contractual rights in which the company is obligated to repurchase the stock at a specified future date is called
Answers
Mandatorily redeemable preferred stock is preferred stock that has contract rights requiring the corporation to repurchase the stock at a certain future period.
What is preferred stock?Preferred stock is a share capital component that can have any combination of characteristics that common stock does not, including characteristics of both equity and debt instruments. It is generally regarded as a hybrid instrument.
Preferred stocks can take precedence over ordinary stock in the payment of dividends and upon liquidation, but they are junior to bonds in terms of a claim compared to common stock. The articles of association or incorporation of the issuing firm provide information about the preferred stock's terms.
Learn more about preferred stock, from:
brainly.com/question/15078323
i) Calculate the market value of each component of capital structure. Use the value of (1.06)40 = 1.51225 wherever required. ii) Determine the cost of each component of capital structure. Calculation of the cost of equity shall be based upon the bond-yield risk premium approach. iii) Ascertain the company's weighted average cost of capital assuming no new equity
Answers
To calculate the market value of each component of the capital structure, we need the following information:
The number of shares outstanding (common stock)
The market price per share (common stock)
The par value per share (preferred stock)
The dividend rate (preferred stock)
The face value of the bond issue (debt)
The coupon rate (debt)
The number of years to maturity (debt)
Assuming the following values:
Number of shares outstanding = 500,000
Market price per share = $60
Par value per share = $100
Dividend rate = 8%
Face value of the bond issue = $10,000,000
Coupon rate = 10%
Number of years to maturity = 10
We can calculate the market value of each component as follows:
Common stock:
Market value of common stock = Number of shares outstanding x Market price per share
Market value of common stock = 500,000 x $60
Market value of common stock = $30,000,000
Preferred stock:
Market value of preferred stock = Number of shares outstanding x Par value per share
Market value of preferred stock = 500,000 x $100
Market value of preferred stock = $50,000,000
Debt:
Market value of debt = Face value of bond issue x (1 - 1 / (1 + r)^n) / r + Face value of bond issue / (1 + r)^n
where r = coupon rate, n = number of years to maturity
Market value of debt = $10,000,000 x (1 - 1 / (1 + 0.10)^10) / 0.10 + $10,000,000 / (1 + 0.10)^10
Market value
Question 20 (2 points)
Using the high-low method, what are the fixed and variable costs if the high sales
revenue is $160,000 with total costs of $90,000, and the low sales revenue is
$96,000 with total costs of $58,000. What is the fixed cost and the variable
percentage per dollar of sales revenue?
$9,750 fixed and 32.5% per dollar of sales revenue
$10,000 fixed and 50.0% per dollar of sales revenue
$6,750 fixed and 32.5% per dollar of sales revenue
$4,240 fixed and 56.0% per dollar of sales revenue
Answers
The fixed cost and the variable percentage per dollar of sales revenue Option B. $10,000 fixed and 50.0% per dollar of sales revenue.
To determine the fixed and variable costs using the high-low method, we start by identifying the difference between the high and low sales revenue and the corresponding total costs.
High sales revenue: $160,000
Total costs at high sales revenue: $90,000
Low sales revenue: $96,000
Total costs at low sales revenue: $58,000
Next, we calculate the difference in sales revenue and total costs:
Change in sales revenue = $160,000 - $96,000 = $64,000
Change in total costs = $90,000 - $58,000 = $32,000
The fixed cost can be obtained by subtracting the variable cost component from the total costs at either the high or low sales revenue. Let's use the high sales revenue figures:
Fixed cost = Total costs at high sales revenue - (Variable cost per dollar of sales revenue * High sales revenue)
Fixed cost = $90,000 - (Variable cost per dollar of sales revenue * $160,000)
Using the information provided, we can solve for the variable cost per dollar of sales revenue:
Change in total costs = Variable cost per dollar of sales revenue * Change in sales revenue
$32,000 = Variable cost per dollar of sales revenue * $64,000
Variable cost per dollar of sales revenue = $32,000 / $64,000 = 0.5 or 50.0%
Now, substituting this value back into the equation for fixed cost:
Fixed cost = $90,000 - (0.5 * $160,000)
Fixed cost = $90,000 - $80,000 = $10,000
Therefore, the correct answer is option B: $10,000 fixed cost and 50.0% per dollar of sales revenue.
The question was incomplete, Find the full content below:
Question 20 (2 points)
Using the high-low method, what are the fixed and variable costs if the high sales revenue is $160,000 with total costs of $90,000, and the low sales revenue is $96,000 with total costs of $58,000? What is the fixed cost and the variable percentage per dollar of sales revenue?
A. $9,750 fixed and 32.5% per dollar of sales revenue
B. $10,000 fixed and 50.0% per dollar of sales revenue
C. $6,750 fixed and 32.5% per dollar of sales revenue
D. $4,240 fixed and 56.0% per dollar of sales revenue
Know more about Sales revenue here:
https://brainly.com/question/2177353
#SPJ11
What is the economic outlook for occupations in the healthcare sector?
weak to very poor
depends on the economy
will remain stable
will increase in demand over time
Answers
The occupation in the healthcare sector is expected to increase in demand over time.
The Healthcare sector consist of practitioner who attends to medical services, uses medical equipment, administer drugs, provide medical insurance, facilitate the provision of healthcare to patients etc
According to the Bureau of labor statistics, it is predicted that healthcare occupations will grow 16 percent from 2020 to 2030 and even more faster than the average for all occupations.
Therefore, the economic outlook for occupations in the healthcare sector is expected to increase in demand over time leading to addition of about 2.6 million new jobs.
Read more about Healthcare sector here
brainly.com/question/12226853
Discuss the priority of charges whenever a company needs to pay off all of its creditors’ debts
Answers
Nabais Corporation uses the weighted-average method in its process costing system. Operating data for the Lubricating Department for the month of October appear below: Units % Complete with respect to Conversion Beginning WIP inventory 3,300 80% Transferred in from the prior Dept during October 30,700 Completed and transferred to next Dept during October 32,200 Ending work in process inventory 1,800 60%What were the equivalent units for conversion costs in the Lubricating Department for October?a. 29,200b. 32,200c. 31,780
Answers
Answer:
33,280 units
Explanation:
Calculation of equivalent units for conversion costs
Units Completed and Transferred (32,200 x 100%) 32,200
Units in Ending Inventory (1,800 x 60%) 1,080
Equivalent units of production 33,280
Therefore,
the equivalent units for conversion costs in the Lubricating Department for October is 33,280 units
AK Inc. is paying 5% coupon rate for its bondholders over the next 8 years. Your required rate of return is 7 percent, how much this bond worth?
Answers
Answer: $880.57
Explanation:
Assuming Par value of bond is $1,000.
Value of bond = (Coupon * Present value interest factor of annuity, no. years, required return) + Par Value/ (1 + required return)^ no. of years
Coupon = 5% * 1,000 = $50
Value of bond = (50 * 5.9713) + 1,000 / (1 + 7%)⁸
= 298.565 + 582
= $880.57
Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
Answers
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
For such more question on net loss:
https://brainly.com/question/28390284
#SPJ8
Teal mountain corporation had income from continuing operations of $480,000 for the year ended 12/31/20. It also had a loss of $50,000 on discontinuance of a division (before income taxes). All subjects to income taxes at a 25% tax rate.
Income from continuing operations $480,000
Discontinued
Loss on $?????
Net income$?????
Answers
According to the question Loss on discontinuance of division (before income taxes) $50,000.
What is division ?Division is a mathematical operation in which a number is divided by another number. The result of the division is called the quotient. The process of division involves the sharing of a quantity into equal parts. Division is a fundamental arithmetic operation that allows the user to find the number of times one number is contained in another number. With division, the dividend (the number being divided) is divided by a divisor (the number that divides) to find the quotient. Division can also be used to solve equations with unknown variables. Division is a key part of many real-world problems, such as how to divide a pizza among a group of people or how to divide up a paycheck among family members.
Loss on discontinuance of division (after income taxes) $37,500
Net income $442,500
To learn more about division
https://brainly.com/question/30357612
#SPJ1
Select the correct answer.
Delegating means being responsible for all the work.
A True
B. False
Answers
Answer:
B. False
Explanation:
Delegating is using one's authority to assign some responsibilities to team members. Usually, delegations stem from a senior officer to a junior officer but can also be between co-workers. It is authorizing and empowering someone else to execute some of your responsibilities on your behalf.
In delegation, the delegating authority must provide clear guidance on how the assigned duties are discharged. Some level of supervision is still required as delegating does not take away the accountability element from the delegating authority.
All of these are other names for an estimate EXCEPT:
OA)
A) repair order.
B) damage appraisal.
C) damage report.
D) visible damage quote.
Answers
When you file your claim, your insurance plan organisation will refer you to a claims adjuster, who will verify the loss and make an initial willpower on what it will fee to repair the car. The adjuster's estimate is a benchmark, no longer a complete declare payment.
What is a preliminary estimate mean?Preliminary estimates are also known as tough or approximate estimates, in accordance to Civil Engineering Daily. This is due to the fact they are now not final—they supply a ballpark thought of how a good deal a undertaking will cost. A preliminary estimate is made at the very starting of a mission when there may be constrained statistics available.
Learn more about estimates here:
https://brainly.com/question/27993465#SPJ9Insurance agents receive a commission on the policies they sell. Many states regulate the rates that can be charged for insurance. Would higher or lower rates increase the incomes of agents? Explain, distinguishing between the short-run and the long-run.
Answers
The higher rates would have to increase the income that the agents would have to make in the commission in the short run.
What is the rate at which the incomes would increase?In the short-run, higher insurance rates would likely increase the incomes of agents, as they would receive a larger commission on the policies they sell. However, in the long-run, higher rates could lead to decreased demand for insurance as customers may find the policies too expensive. This decrease in demand could lead to lower incomes for agents as they would sell fewer policies.
On the other hand, lower insurance rates could lead to an increase in demand for policies and thus, in the short-run, increase the number of policies sold by agents, which could increase their incomes. But in the long-run, as the insurance company would be making less profit from the policies, it could decrease the commission for agents, leading to a decrease in their incomes.
In summary, in the short-run, higher rates could increase the incomes of agents, but in the long-run, it could decrease them due to decreased demand. And Lower rates could increase the incomes of agents in the short-run but in the long-run, it could decrease due to decrease in commission.
Read more on insurance agents here: https://brainly.com/question/14801500
#SPJ1
. Discuss and Implement the Price Adjustment Strategies in current market. Apply each strategy with 3 examples along with picture. (10 Marks) (200 Words)
Answers
Answer:
There are many different price adjustment strategies which can be implemented in the current market.
Explanation:
Psychological pricing:
Psychological pricing is a strategy in which the price of a product is displayed with mostly one cent difference so the whole number shown is less by $1 and this difference can get higher if the price of the product is more.
Example 1: The price for a toy in a toy shop is $4.99, if rounded this will be $5 but the whole number visible is $4.
Example 2: The price of a laptop is $193, this again is nearly $200 but the price is reduced by $7 in order to influence their customers into buying the product.
Example 3: The price of a car is $35,995, this again is about $36,000 but the buyer may be influenced by this technique and result in purchasing the product with such price.
Geographical Pricing:
Geographical pricing is a strategy where different prices are charged in different outlets, this strategy is made keeping in mind the purchasing power of the locality, if the local people can pay higher price for a product then the price is high there but same product may have a lower price in an area where people can not pay high price.
Example 1: Price of a T-shirt is $15 in a posh area while the price of the same T-shirt is $5 in an area with poor locality.
Example 2: Price of a hair brush is $10 in a poor area while the same brush is available in a posh area at a rate of $35.
Example 3: Price for a food item is $6 in a restaurant in posh area while the same burger is available for $3 in a restaurant in a poor area.
Use the following information to prepare a bank reconciliation for Young Company at June 30:
1. Balance per Cash account, June 30. $7,761.38
2. Balance per bank statement, June 30. 8,030.28
3. Deposits not reflected on bank statement. 797.50
4. Outstanding checks, June 30. 1,386.50
5. Service charge on bank statement not recorded in books. 12.10
6. Error by bank-Yertel Company check charged on Young Company's bank statement. 605
7. Check for advertising expense 275 incorrectly recorded in books as 572
Answers
Answer:
See photo.
Explanation:
what is your analysis on walmart financial health as of january 2021 compare to 2022
Answers
I think the analysis is good compared to the year of 2021
On March 4 of the current year, Barefoot Bay, Inc. reacquired 5,000 shares of its common
stock at $89 per share. On August 7, Barefoot Bay sold 3,500 of the reacquired shares at $100
per share. The remaining 1,500 shares were sold at $88 per share on November 29.
Required (10 points)
(a) Journalize the transactions of March 4, August 7, and November 29.
(b) What is the balance in Paid-In Capital from Sale of Treasury Stock
on December 31 of the current year?
Answers
A. When the company reacquires its own stock from the market, Treasury Stock is debited, and Cash is credited.
B. The balance in Paid-In Capital from the Sale of Treasury Stock on December 31 of the current year will be $40,000.
(a) Journal entries for the given transactions: March 4, 2021: When the company reacquires its own stock from the market, Treasury Stock is debited, and Cash is credited. So, in this transaction, the Treasury Stock account is debited and the Cash account is credited by $445,000.
The journal entry to record this transaction is Treasury Stock $445,000 Cash $445,000 August 7, 2021: When the company sells the treasury stock, the Cash account is debited, Treasury Stock is credited, and the difference between the two is credited to Paid-In Capital from Treasury Stock account.
On August 7, Barefoot Bay sells 3,500 shares at $100 each. Thus, in this transaction, the Cash account is debited by $350,000 ($100 × 3,500), the Treasury Stock account is credited by $311,500 ($89 × 3,500), and Paid-In Capital from the Treasury Stock account is credited by $38,500 [($100 - $89) × 3,500].
The journal entry to record this transaction is: Cash $350,000Treasury Stock $311,500Paid-In Capital from Treasury Stock $38,500 November 29, 2021:When the remaining treasury stock is sold, Cash account is debited, Treasury Stock is credited, and the difference between the two is credited to Paid-In Capital from Treasury Stock account.
On November 29, Barefoot Bay sells the remaining 1,500 shares at $88 each. Thus, in this transaction, the Cash account is debited by $132,000 ($88 × 1,500), the Treasury Stock account is credited by $133,500 ($89 × 1,500), and Paid-In Capital from the Treasury Stock account is credited by $1,500 [($88 - $89) × 1,500]. T
he journal entry to record this transaction is: Cash $132,000Treasury Stock $133,500Paid-In Capital from Treasury Stock $1,500
(b) The balance in Paid-In Capital from the Sale of Treasury Stock on December 31 of the current year will be $40,000 ($38,500 + $1,500).
The Paid-In Capital from the Sale of the Treasury Stock account is credited with the difference between the sale price and the purchase price of the treasury stock sold. The difference is multiplied by the number of shares sold and then credited to Paid-In Capital from the Sale of the Treasury Stock account.
Finally, the balance of this account is transferred to the Retained Earnings account at the end of the year. Here, 3,500 shares were sold for $100 per share, and the remaining 1,500 shares were sold for $88 per share.
Therefore, the total amount credited to the Paid-In Capital from the Treasury Stock account will be $40,000 ($38,500 + $1,500). The balance in Paid-In Capital from the Sale of Treasury Stock on December 31 of the current year will be $40,000.
Know more about Treasury Stock here:
https://brainly.com/question/29098803
#SPJ8
Problem 8, MacroSoft Inc. has capitalized $600,000 of software costs. Sales from this product were $360,000 in the first year. MacroSoft estimates additional revenues of $840,000 over the product’s economic life of 5 years.
Instructions
Prepare the journal entry to record software cost amortization for the first year. Show all computations.
Answers
Journal Entry:
Date: [First year-end date]
The amortization expense for the first year is $120,000.
Debit: Amortization Expense - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Credit: Accumulated Amortization - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Explanation:To record the software cost amortization for the first year, we need to allocate a portion of the capitalized software costs as an expense. Since the software has an estimated economic life of 5 years, we divide the total software cost ($600,000) by 5 to determine the annual amortization expense. In this case, the amortization expense for the first year is $120,000. We debit the Amortization Expense - Software Cost account to recognize the expense and credit the Accumulated Amortization - Software Cost account to accumulate the amortization over time.For more such questions on Journal Entry
https://brainly.com/question/28390337
#SPJ8
Marle Construction enters into a contract with a customer to build a warehouse for $950,000 on March 30, 2018 with a performance bonus of $50,000 if the building is completed by July 31, 2018. The bonus is reduced by $10,000 each week that completion is delayed. Marle commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes: Completed by Probability July 31, 2018 65% August 7, 2018 5% August 14, 2018 5% August 21, 2018 The transaction price for this transaction, based on the expected value approach, is:_______.
a. $950,000
b. $995,000
c. $685,000
d. $652,500
Answers
Answer:
b. $995,000
Explanation:
The computation of the transaction price based on the expected value approach is shown below:
The formula is
= (Building cost of warehouse + bonus) × probability percentage
Date Calculation Amount
July 31, 2018 ($950,000+$50,000) × 0.65 $650,000
August 7, 2018 ($950,000+$40,000) × 0.25 $247,500
August 14, 2018 ($950,000+$30,000) × 0.05 $49,000
August 21, 2018 ($950,000+$20,000) × 0.05 $48,500
Total $995,000
Since the bonus is reduced $10,000 each week so $10,000 is deducted for every delayed week
Which of the following stocks had the highest trading price at the end of the day?
Answers
the answer is D, I had the same problem
The correct option is D. Search Engine had the highest trading price at the end of the day. Because the low is 470.56 which highest among all of them.
What is stock?A stock is a type of instrument that denotes the holder's ownership stake in the issuing company and is typically traded on stock markets. To raise money to run their businesses, corporations issue stock.
Thus, the highest trading price at the end of the day is because search engine makes a high of 477.65 in the day which is the highest among all of them.
Learn more about Stock here:
https://brainly.com/question/14649952
#SPJ2
Read Zoom Video Communications and discuss how Zoom Video Communications illustrate the sources of service sector growth by commenting on information technologi
7. Internet as an enabler, Innovation, and changing demographics
Answers
Zoom Video Communications is a platform that allows communication via the internet in real time, being a facilitating tool for business.
How does innovation impact business?It allows internal and external improvements to be incorporated, such as the digital age for example, which through the internet has revolutionized the way business can be carried out, with real-time communication regardless of geographic location.
Demographic changes are also a process resulting from the innovations that made globalization possible, making multicultural environments and businesses more focused on diversity.
Therefore, information technology was the factor that simplified the business sector by enabling greater reliability and speed in processes, generating more competitiveness for industries.
Find out more about Information Technology here:
https://brainly.com/question/984271
In which scenario is an individual's behavior least likely to change?
a. The city of Saskatoon chooses to give its residents a penny for each soda can they recycle in an effort to promote environmental awareness.
b. In an effort to make people eat healthier, the city of Bakersville tells its residents to eat wheat bread instead of white bread.
c. A basketball team manages to sign a trio of famous basketball stars who then clamor for other players to come join their team to win a guaranteed championship.
d. The country of Ravamolk enacts a policy to fine companies 20% of their earnings if the safety standards in their factories do not reach acceptable work conditions.
Answers
In the other options, there are actual incentives/consequences for the thing they are trying to change. Without those, it’s more of a suggestion, and people are less likely to change without those incentives/consequences because it doesn’t directly affect them.
It’s like your mom saying “You should really do your homework.” versus “If you don’t do your homework, I’ll take your phone.” or “If you do your homework, you can have ice cream after dinner.” In this scenario, you are more likely to change with the incentives/consequences because it directly affects you.
An individual's behavior is least likely to change when merely informed of a healthier option, like in Scenario B, as there is no incentive or consequential action attached.
Explanation:In the given scenarios, an individual's behavior is least likely to change in Scenario B where the city of Bakersville tells its residents to eat wheat bread instead of white bread. This scenario only involves information provision with no rewarding or punitive actions attached to induce behavior change, as compared to the rest of the scenarios. Behavioral change usually occurs when there are incentives or penalties associated with the action. For instance, in Scenarios A & D, Saskatoon and Ravamolk are using a reward technique and penalties respectively, as a trigger for behavioral change. Scenario C is using the appeal of fame and success to encourage change. But talking about bread choice without any consequential actions does not guarantee a behavior change.
Learn more about Behavioral Change here:https://brainly.com/question/36615842
#SPJ2
Once her teams goals were set Alyssa asked each team member to come up with a(n)____ to reach her goals.
Answers
Once her team's goals were set Alyssa asked each team member to come up with a(n) action plan to reach her goals.
What is an Action Plan?This refers to the document that shows the list of steps that should be taken by a person in order to achieve or actualize their goals in a methodical manner.
Hence, we can see that based on the fact that the team goals have been set, Alyssa asked her team to form an action plan which was to help them achieve her goals and shows the list of actions and steps to be taken.
Read more about action plans here:
https://brainly.com/question/1717052
#SPJ1
PLEASE HELP!!!! WILL GIVE BRAINLIEST!!!
Is the second one correct (the answer I chose is in blue)
