when your office manager calls the phone number for staples from its catalog to reorder suppliers, the person he speaks with is performing blank

Answers

Answer 1

The lessor, grants the lessee access to the asset for a predetermined time in return for regular payments. A file server is a computer that manages and stores data files so that other computers connected to the same network can access them.

Users can communicate information return a network without physically moving files thanks to it. When a carrier delivers goods to a specific location, a bill of lading also functions as a shipping receipt. No of the mode of transportation, this document payments must be included with the sent goods and must be signed by an authorised representative of the carrier, shipper, and receiver.

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Related Questions

A registered representative (RR) is recommending to his client a newly issued debt security backed by the U.S. government with a maturity of eight years. This security is most likely

Answers

Answer:

a debt instrument known as a Treasury note

Explanation:

Treasury note is a United States government debt security that has a fixed interest rate and maturity of between 1 to 10 years.

Treasury notes can have competitive bid or non competitive bid.

Competitive bid occurs when buyers determine yield they want, but they have to wait for approval by the government.

Non competitive bidding is when buyers accept the yield offered at auction.

In this scenario where a registered representative (RR) is recommending to his client a newly issued debt security backed by the U.S. government with a maturity of eight years. This is most likely treasury notes.

When is mortgage interest a tax deduction expense if it’s available in the current regulations?

Answers

Based on contemporary regulation rates, the mortgage interest is a tax-deductible expense if it’s available for the loan below or equal to the amount of $750,000.

What is Mortgage Interest?

Mortgage Interest is a term that is used to describe the interest charged on a loan used to purchase a piece of property.

Generally, the mortgage interest is the amount of interest owed and it is calculated as a percentage of the total amount of the mortgage issued by the lender.

From another perspective, Mortgage interest is typically a tax-deductible expense for homeowners who itemize their deductions. The deduction is available for mortgage interest paid on a loan secured by a primary residence or second home, up to a maximum loan amount of $750,000.

Hence, in this case, it is concluded that the correct answer is a mortgage loan below or equal to the amount of $750,000.

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If Damien loses his job due to injury, he worries that his family won’t be able to survive without his income. He decides to purchase disability insurance that will provide money for him and his family if he should ever become physically unable to work. By purchasing this type of insurance, from which type of risk is Damien trying to protect himself?

A.
property risk

B.
liability risk

C.
inheritance risk

D.
personal risk

Answers

Damien is trying to protect himself from personal risk by purchasing disability insurance. Hence, Option (D) is correct.

Personal risk refers to the possibility of experiencing a loss in an individual's ability to earn income due to factors such as illness, injury, or disability.

In Damien's case, his concern about losing his job due to injury highlights the potential personal risk he faces. If he becomes physically unable to work, his income could be significantly impacted, which could have severe financial consequences for his family.

By purchasing disability insurance, Damien is taking steps to mitigate the potential loss of income in the event of a disability, ensuring financial support for himself and his family during such circumstances.

Thus, Damien is trying to avoid personal risk on account of any fatal injuries.

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Answer:

d

Explanation:

instance, think about the jobs listed below. While those in positions like these get to work
in and around show business, the functions they perform are based right in the clusters we
considered today: Business Management, Finance, Marketing and Sales. See if you can
search online to find what is involved with these three specific jobs. Can you find an example
of someone who holds this position? What do the do? How might their job allow them to
feel like a part of Hollywood?
Senior Vice President of Theatre Operations
Media Production Accountant
Social Media Director, Film Marketing Agency description of each of the three careers that you researched, including what tasks the
job requires and why the job is so important
2. A breakdown of the education requirements for each career, including subjects that might
be beneficial in preparing for each career
3. The projected annual salary for someone in each career and the job outlook according to
the Bureau of Labor
4. A summary of why you think this job is a good choice for someone who is interested it
"show business*

Answers

Each of these careers can be a good choice for someone interested in "show business" as they offer opportunities to work closely within the entertainment industry and contribute to its success. They provide a chance to be involved in the operations, financial management, marketing, and promotion of films and theaters.

Senior Vice President of Theatre Operations:

This role involves overseeing the operations and management of theaters within a company. Responsibilities may include developing and implementing operational strategies, managing budgets and financial performance, coordinating with production teams, ensuring smooth theater operations, and enhancing the overall customer experience. An example of someone who holds this position is Mark Manuel, Senior Vice President of Theatre Operations at AMC Theatres.

Media Production Accountant:

A media production accountant is responsible for managing the financial aspects of film and television production. They handle budgeting, cost tracking, payroll, financial reporting, and ensuring compliance with industry regulations. Their role is crucial in managing the financial resources of a production, tracking expenses, and providing accurate financial information for decision-making. Relevant education in accounting or finance is essential for this career, and knowledge of the entertainment industry can be beneficial.

Social Media Director, Film Marketing Agency:

As a social media director in a film marketing agency, the role involves developing and implementing social media strategies to promote films. They oversee social media campaigns, manage content creation, engage with audiences, analyze performance metrics, and work closely with marketing teams. Their job is important in building an online presence, creating buzz, and engaging fans within the film industry. A background in marketing, communication, or digital media is typically desired for this role.

Each of these careers can be a good choice for someone interested in "show business" as they offer opportunities to work closely within the entertainment industry and contribute to its success. They provide a chance to be involved in the operations, financial management, marketing, and promotion of films and theaters. These roles allow individuals to work behind the scenes, making critical decisions and supporting the overall success of productions. Additionally, being part of the entertainment industry can be exciting and fulfilling for those passionate about the world of show business.

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(please hurry its due soon) The American composer john cage spoke of the "all sounds" music of the future. What might that mean?

Answers

Explanation:

the famous composer known for he meant that music would be more than just about dissonance and consonance. John Kay just talkin about a revolution in music where the boundaries between noise and music would be challenged. In a way he turned out to be right as what would be considered noise in a stretch acoustic point of view or now included in musical compositions

A database program would probably be used to

Answers

Answer:

The application scope of the database is very wide, such as the student information management system, course selection system, as well as the telecommunications department payment system, statistical system, and online game account management, etc., can be said that the current software, especially the network application software, is to use the database

Answer:

A database program would probably be used to track purchases on a commercial website.

Explanation:

A database is the heart of a business information system and provides file creation, data entry, query and reporting functions.

What are the legal requirements to be fulfilled in order to start this business?

Answers

Answer:

Create a LLC or Corporation. The first legal requirement you’ll need to meet as a new business owner is to choose the business structure of your ...

Register Your Business Name.

Apply for a Federal Tax ID Number.

Determine If You Need a State Tax ID Number.

Obtain Business Permits and Licenses.

Question 1 (1 point)
True or False:
If you want a career in the fitness industry, you can just jump right into it after high school.
(A) True. No college is required for some health/ fitness jobs.
(B) False. You need to go to college to get a job in the fitness industry.
(C) False. It takes months/ years of training to get a job in health/ fitness
(D) Any of the above could be true OC​

Answers

If you want a career in the fitness industry, you can just jump right into it after high school. You may need and you may not need degree. Hence, option D. any of the above could be true.

Fitness industry

The fitness industry is worth $96.7 billion in 2020, with more than 184 million gym members in total. Becoming a personal trainer or fitness instructor is always an option, but there are other careers to check out as well—some of which don't require a degree.

Therefore, the correct answer is option D

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The following transactions and adjusting entries were completed by a paper-packaging company called Gravure Graphics International during 2018 and 2019. The company uses straight-line depreciation for trucks and other vehicles, double-declining-balance depreciation for buildings, and straight-line amortization for patents.
January 2 , 2015
Paid $86,000 cash to purchase storage shed components.
January 3 , 2015
Paid $2,000 cash to have the storage shed erected. The storage shed has an estimated life of 10 years and a residual value of $5,000.
April 1 , 2015
Paid $40,000 cash to purchase a pickup truck for use in the business. The truck has an estimated useful life of five years and a residual value of $3,000.
May 13 , 2015 Paid $500 cash for repairs to the pickup truck.
July 1 , 2015
Paid $29,000 cash to purchase patent rights on a new paper bag manufacturing process. The patent is estimated to have a remaining useful life of five years.
December 31 , 2015
Recorded depreciation and amortization on the pickup truck, storage shed, and patent.
June 30 , 2016
Sold the pickup truck for $34,000 cash. (Record the depreciation on the truck prior to recording its disposal.)
December 31 , 2016
Recorded depreciation on the storage shed. Determined that the patent was impaired and wrote off its remaining book value (i.e., wrote down the book value to zero).
Record the journal entries for the following:
1. Record the purchase of storage shed components for $86,000.
2. Record the payment of $2,000 to have the storage shed erected
3. Record the purchase of a pickup truck for $40,000.
4.. Record the repairs of $500 to the pickup truck.
5.. Record the purchase of a patent for $29,000 on a new paper bag manufacturing process
6. Record the depreciation and amortization expense on the pickup truck, storage shed and patent for the year
7. Record the depreciation for the truck up to the date of sale.
8. Record the sale of the pickup truck for $34,000 cash.
9. Record the depreciation on the storage shed for the year.
10. Record any impairment loss incurred on the patent.

Answers

Answer:

Note: See the attached excel file for the journal entries for recording events 1 to 10.

Explanation:

Also note that since the double-declining-balance depreciation is used for buildings, the depreciation rate for the building is therefore obtained as follows:

Note that double-declining-balance is a depreciation method that depreciates an asset twice the rate of the straight line depreciation method. Therefore, the double-declining-balance depreciation rate used in the excel file is calculated as follows:

Straight line depreciation rate = 1 / Number of estimated life = 1 / 10 = 0.10, or 10%

Double-declining depreciation rate = Straight line depreciation rate * 2 = 10% * 2 = 20%

the sun....... (rise) at 6.04 this morning​

Answers

Answer:

the sun rose at 6.04 this morning

Explanation:

hope it helps

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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

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If a company spends $20 million to install new footwear-making equipment with capacity to produce 1 million pairs of athletic footwear at its North American production facility, then its annual depreciation costs at that facility will rise by: _________

Answers

Assuming the equipment has capacity to produce 1 million pairs of athletic. Its annual depreciation costs at that facility will rise by $2 million or 10%.

Annual depreciation cost

Using this formula

Depreciation = (Cost of equipment - Estimated salvage value) / Estimated useful life

Depreciation= (20 - 0) / 10

Depreciation= $2 million

Or

Annual depreciation= 2/20 ×100

Annual depreciation= 10%

Therefore, the annual depreciation costs at that facility will rise by $2 million or 10%.

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Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 24,000 shares of cumulative preferred 4% stock, $140 par, and 80,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $90,000; second year, $188,800; third year, $227,360; fourth year, $243,200.

Required:
Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places.

1st Year 2nd Year 3rd Year 4th Year
Preferred stock (dividend per share) $ $ $ $
Common stock (dividend per share) $ $ $ $

Answers

Answer:

year 1:

preferred stock dividends = 24,000 x 140 x 4% = $134,400, but only $90,000 were distributed ($44,400 to be distributed next year). Dividends per preferred stock share = $90,000 / 24,000 = $3.75

common stocks dividends = no common stock dividends distributed

year 2:

preferred stock dividends = $134,400 for the current year and $44,400 form last year = $178,800. Dividends per preferred stock share = $174,800 / 24,000 = $7.45

common stocks dividends = ($188,800 - $178,800) / 80,000 common stocks = $0.125 per common stock

year 3:

preferred stock dividends = $134,400 / 24,000 = $5.60 per preferred stock.

common stocks dividends = ($227,360 - $134,400) / 80,000 = $1.162 per common stock

year 4:

preferred stock dividends = $134,400 / 24,000 = $5.60 per preferred stock.  

common stocks dividends = ($243,200 - $134,400) / 80,000 = $1.36 pe common stock

Which are examples of a person changing careers? Check all that apply.

a home insurance salesman decides to start selling home warranties instead

a farmer decides to start practicing real estate and selling local land

a biology teacher moves to teach the elective cooking classes for that school year

a factory worker who manufactures linens moves to a new factory that manufactures pencils

a crab fisherman decides to start a business maintaining local boats

Answers

Answer:

A c e

Explanation:

I got it right on the exam

Answer:

Explanation:

Which are examples of a person changing careers? Check all that apply.a home insurance salesman decides to start selling home warranties insteada farmer decides to start practicing real estate and selling local landa biology teacher moves to teach the elective cooking classes for that school yeara factory worker who manufactures linens moves to a new factory that manufactures pencilsa crab fisherman decides to start a business maintaining local boats

how useful is knowing the business impact of your project compared to that of your team mates' other work?

Answers

Your company uses an organized method called business analysis to identify and assess the possible effects of disruption to crucial business processes caused by crises, accidents, or catastrophes. A business impact study is a crucial component of a company's business continuity strategy.

If I came upon any of my teammates' evaluation data in a shared folder, I would preserve it before returning it to the teammate.

A project Manager provides a project life, but business impact analysis gives that life a path to success. Projects are helpful and straightforward to utilize, letting the effort you put into the study pay off. A business impact analysis is a fantastic tool for evaluating risk and establishing a recovery plan should it arise. That sounds project-like.

Evaluations frequently center on a person's performance. It relates to their line of business.Every colleague goes through a similar evaluation process once a year. It informs them of their shortcomings and growth.Saving this information is essential since it can aid someone in developing their talents.

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lead a particular function or a subunit within a function. *
General Manager
Functional Manager
Front-Line Manager
ОСЕО

Answers

Answer:

Functional managers are accountable to manage people with specific skills and different resources within a department or section to meet functional objectives as well as corporate objectives. ... Sometimes, both functional managers and project managers have to work together to share resources and experience.

Explanation:function manager

The Reverend Petros receives an annual salary of 51,000 as full-time minister this includes 5000 designated as a rental allowance River and Pedro is not exempt from employment tax how much must he include figuring that income for self-employed tax

Answers

If the Reverend Petros receives an annual salary of 51,000 as full-time minister that includes 5000 designated as a rental allowance. The amount that must be include figuring that income for self-employed tax is : $51,000.

What is annual salary?

Annual salary can be defined as the amount a person earn as salary per year.

On the other hand self employed tax can be defined as the tax a  person that is solely working for his/her self  without working for any other person remit to the government.

Therefore the amount that must be include figuring that income for self-employed tax is  the amount of $51,000.

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What do you do? What do you do? What do you do?

Answers

Answer:

I am a language model, I can answer questions or provide information on a wide variety of topics. Can you please provide more context or clarify what you are asking?

Explanation:

NONE

Question 8 of 10
Most applications will ask you to provide all of the following information
except.
OA. days and hours that you are available to work.
B. the date you can start work.
OC. how long you want to work for the establishment,
OD. your desired salary or wage.
SUBMIT

Answers

Most applications will ask you to provide all of the following information except C. how long you want to work for the establishment,

What is the essence of applications?

Application can be described as the way o0f applying fo one job or the other in a paricular organization so that one can start job with tem.

It should be noted that during the application, there are different question that needed to be answered which could be differ from one organization to the other, such as days and hours that you are available to work as well as desired salary or wage in the organization.

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Compute the cost that is assigned to the car wheels and truck wheels product lines using an activity-based costing system, given the following information. (Round answers to 0 decimal places, e.g. 1,575.) Expected Use of Cost Drivers per Product Car Truck Number of setups 200 800 Direct labor hours 40,000 30,000 Number of inspections 100 1,100

Answers

Answer:

Results are below.

Explanation:

First, we need to calculate the activity rates. We weren't provided with the estimated costs for each activity. I will assume some costs and formulas to guide an answer.

Set up costs= $100,000

Assembly (direct labor)= $1,200,000

Inspection= $250,000

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Set up= 100,000 / 1,000= $100 per set up

Assembly= 1,200,000 / 70,000= $17.14 per direct labor hour

Inspection= 250,000 / 1,200= $208.33 per inspection

Now, we can allocate costs to each product line:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Car:

Set up= 100*200= $20,000

Assembly= 17.14*40,000= $685,600

Inspection= 208.33*100= $20,833

Truck:

Set up= 100*800= $80,000

Assembly= 17.14*30,000= $514,200

Inspection= 208.33*1,100= $229,163

explain all the dimensions of Management functions in Human Resource management

Answers

Answer:down

Explanation:The four dimensions of human resource management practices are: Managing The Human Resource Environment, Acquisition and Preparation of Human Resources, Assessment and Development of Human Resources, and Compensation of Human Resources as stated by Noe et al (2010).

Answer: HR managers carry out a variety of tasks to ensure a business runs smoothly. The various dimensions of management functions in Human Resource management are as follows:

Explanation:

a. Planning

Planning for various things, from the hiring process to training and development programs, is the most crucial duty of an HR manager. Planning lays the foundation for other HR management responsibilities, such as determining job qualifications and the organization's need for recruitment.

b. Organizing

An HR manager is responsible for performing this role after the planning phase (discussed above) is finished. To meet the requirements and wants of the workforce while achieving business goals, they must create strategies and programs.

c. Directing

To carry out the goals and plans they have developed, HR managers need personnel. As a result, they lead their teams in a way that carries out the manager's goals and strategies. They assign tasks to the team members and keep tabs on their performance to assess their progress.

d. Controlling

One of the most significant managerial duties and obligations of an HR manager is this. In doing so, the HR manager monitors deviations, corrects them, and compares the results to the objectives. This entails tasks like audits and appraisals.

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You are buying a new car. The price (MSRP) is $16,995. You are trading in your old car which is valued by the dealer at $5,500 (this is money taken off your new car price). Sales tax is 7%. What is the cost of the new car after your trade in? *

Answers

The answer is $12,360.22(rounded)

16,995-5,500= 11,495
11,495+7%= 12,360.2151

Hope this helps!! :)

If a sales tax is the same for all goods sold within a given area, why are sales taxes considered regressive?

High-income earners avoid paying sales tax through deductions.

Sales taxes tend to be higher in areas with large low-income populations.

Sales tax disproportionately affects low-income earners.

Low-income earners make purchase decisions based exclusively on sales tax.

Answers

Answer:

the answer is c on edge

Explanation:

In the trading of a security, the dealer's spread refers to _____. a. the sum of the bid and asked prices of a security, which represents the dealer's markup, or profit from a security transaction b. the difference between the bid and asked prices of a security, which represents the dealer's expenses from a security transaction c. the sum of the bid and asked prices of a security, which represents the dealer's revenue from a security transaction d. the difference between the bid and asked prices of a security, which represents the dealer's markup, or profit from a security transaction e. the ratio of the bid price of a security to its asked price, which represents the dealer's markup, or profit from a security transaction

Answers

Answer:

d. the difference between the bid and asked prices of a security, which represents the dealer's markup, or profit from a security transaction.

Explanation:

CAPM is an acronym for capital asset pricing model. The capital asset pricing model (CAPM) can be defined as a model or formula that can be used to calculate an investment risk and the expected return on an investment (assets).

Simply stated, the capital asset pricing model gives an investor the relationship between the risk of investing in securities and its expected returns. Thus, it assists investors in making well-informed decisions about whether or not to add to a portfolio.

Additionally, the expected return could be either a profit or loss depending on the risks associated with the securities.

Mathematically, the CAPM is given by this formula;

R_{a} = R_{rf} + \beta_{a} * (R_{m} - R_{rf})

Where;

R_{a} = Expected return on a security

R_{rf} = Risk-free rate

\beta_{a} = beta of the security

R_{m} = Expected return of the market

(R_{m} - R_{rf}) = Equity market premium

In the trading of a security, the dealer's spread refers to the difference between the bid and asked prices of a security, which represents the dealer's markup, or profit from a security transaction.

Simply stated, the bid-ask spread refers to the amount by which the bid price by a dealer is lower than the ask-price for a security or an asset in the market at a specific period of time.

The bid-ask spread exists because of the need for dealers to cover expenses and make a profit. A bid-ask spread is use in the transaction of the following items; options, future contracts, stocks, and currency pairs.

Generally, a dealer who is willing to sell an asset or securities would receive a bid price while the price at which the dealer is willing to sell his asset to another dealer (buyer) is the ask price.

Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.

Answers

Based on the cost of production by Stam Company, the overhead rate which is applied to the jobs are:

Data and Calculations:

                                                       Job 306           Job 307        Job 308

Balances on March 31

Direct materials used (in March)    $33,600         $41,900

Direct labor used (in March)           $24,600        $20,300

Overhead applied (March)              $12,300         $10,150

Costs during April

Direct materials used                     $139,000      $226,900     $102,000

Direct labor used                            $94,200       $161,500       $107,300

Overhead applied                           $55,600       $77,500       $52,500

                             ($94,200 × 50%)  ($161,500 × 50%)  ($107,300 × 50%)

Job 306 - $47,100

Job 307 - $80,750

Job 308 - $53,650

The overhead rate applied for Job 306 in April is:

= Direct labor cost x 50%

= 94,200 x 50%

= $47,100

The overhead applied for Job 307 in April is:

= 161,500 x 50%

= $80,750

The overhead for Job 308 in April is:

= 107,300 x 50%

= $53,650

Hence, based on the cost of production by Stam Company, the overhead rate applied to the jobs are calculated above.

The given question is incomplete, the complete question is-

Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.

Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal 4. Prepare a schedule of cost of goods manufactured for the month end April 30. Stam Company Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured.

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15 points please help

15 points please help

Answers

Answer:nenhuma das questões a cima

Explanation:

Summer Sage, Inc. starts the year with a cumulative favorable temporary difference (due to accelerated depreciation) of $100,000. During the year, the enacted tax rate on Summer Sage increases from 35% to 40%; however, book and tax depreciation are equal and the cumulative temporary difference does not change. What journal entry must Summer Sage record for deferred taxes this year

Answers

Answer:

Summer Sage, Inc.

Journal Entry for deferred taxes this year:

Debit Deferred tax asset $5,000

Credit Tax expense $5,000

To adjust the deferred tax asset from $100,000 to $105,000 because of the 5% increase in tax rate from 35% to 40%.

Explanation:

When the tax rate increases, it also increases the deferred tax asset balance.  To record the increase, the deferred tax asset account is debited while the tax expense is credited.  This effectively reduces the tax expense for the current period while increasing the tax expense for the future.

What is a way Accenture plans to achieve its sustainability goals?

Answers

Accenture plans to achieve its sustainability goals by reducing its carbon emissions and reducing its waste.

How are Accenture going to be sustainable ?

Accenture has committed to achieving net-zero emissions by 2025. To do this, the company is investing in renewable energy, energy efficiency, and carbon offsetting.

Accenture has also committed to zero waste by 2025. To do this, the company is recycling and composting all of its waste, and is working to reduce the amount of waste it generates in the first place. They have as well committed to water neutrality by 2025. To do this, the company is using water-efficient fixtures and appliances, and is working to reduce the amount of water it uses in its operations.

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On January 1, 2020, the Hardin Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2020.
Sales units: First quarter 5,200; second quarter 6,700; third quarter 7,000.
Ending raw materials inventory: 40% of the next quarter’s production requirements.
Ending finished goods inventory: 25% of the next quarter’s expected sales units.
Third-quarter production: 7,380 units.
The ending raw materials and finished goods inventories at December 31, 2019, follow the same percentage relationships to production and sales that occur in 2020. 3 pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $5 per pound.
a) Prepare a production budget by quarters for the 6-month period ended June 30, 2020.
b) Prepare a direct materials budget by quarters for the 6-month period ended June 30, 2020.

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Answer:

Hardin Company

Production budget

For the first semester of 2020

                                   First quarter        Second quarter        Total

Sales units                  5,200                  6,700                         11,900

Planned ending          1,675                   1,750                          1,750

inventory                                                                                                

Total production         6,875                  8,450                         13,650

required

- beginning inv.           -1,300                 -1,675                          -1,300  

Units to be                   5,575                 6,775                           12,350

produced

Hardin Company

Raw materials budget

For the first semester of 2020

                                   First quarter        Second quarter        Total

Units to be                   5,575                 6,775                           12,350

produced

Materials required          3                         3                                   3

per unit                                                                                                    

Materials needed        16,725               20,325                        37,050

for production

Planned ending           8,130                 8,856                           8,856

inventory                                                                                                

Total materials             24,855              29,181                          45,906

needed

- beginning inv.           -6,690                -8,130                          -6,690  

Materials to be             18,165                21,051                         39,216

purchased

Cost per unit                    $5                      $5                                $5    

Total cost of                $90,825           $105,255                    $196,080

direct materials

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