Under the indirect method, common noncash items requiring adjustment to net income include depreciation expense and amortization expense.
Adjustments are necessary because they represent noncash expenses that reduce net income but do not impact cash flow. Prepaid expenses, insurance expenses, and salaries expenses are cash-based transactions and do not require adjustment in this context.
Depreciation and amortization are noncash expenses, they still have a significant impact on the company's financial statements and should be carefully considered when analyzing its financial performance. Overall, adjusting for these noncash items provides a more accurate picture of a company's cash flow and financial health.
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Provide a detailed plan, including actual dollar amounts, for Selena to wisely use the extra $300 per month from her raise. For each part of the plan, briefly describe why you're making this choice. NEED ANSWER ASAP
Selena's Budget plan for $300 to be in order: pay debt from $150 if any, put $50 in the emergency fund, buy necessary item/service <= $50 needed for a long time, visit park/fun/landmark/beach/casual place <= $50.
What is a budget?It should be noted that a budget simply means the financial estimate of the income and expenditure of an individual or an organization.
The purpose of the budget is to establish financial objectives with the monitoring and measurement of results, enabling better decision-making.
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Mike paid $4,000 of interest on a qualified education loan that he used to pay for his dependent son’s college education. How much of this payment can mike deduct as a for agi deduction if he files married-joint and reports modified agi of $155,000?.
An AGI deduction of $2500 paid as interest on a qualified education loan can be claimed by Mike when his AGI is $155,000.
What is deduction?An amount, which is exempted from taxes after the setting off them against the taxable income made throughout the year, is known as a deduction.
The maximum deduction allowed to be claimed on a qualified education loan for an income between $145,000 to $175,000 is $2,500.
Hence, the deduction allowed to be claimed by Mike is as aforementioned.
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To deal effectively with turbulent competitive dynamics, an organization should first focus on _____.
An organization should focus on their strengths, market positioning, customer service, technology, and employees in order to deal effectively with turbulent competitive dynamics. This will enable the organization to stay relevant in the market and improve their competitiveness.
To deal effectively with turbulent competitive dynamics, an organization should first focus on their strengths, market positioning, customer service, technology, and employees.
An organization should focus on the following things in order to deal effectively with turbulent competitive dynamics
1. Strengths: An organization should determine their strengths and weaknesses and capitalize on their strengths.
2. Market positioning: An organization should evaluate their position in the market, determine where they stand in the market and find ways to differentiate themselves.
3. Customer service: An organization should improve customer service as it has a great impact on customers. Satisfied customers are more likely to stay loyal and purchase the company’s products again.
4. Technology: An organization should adopt new technology to stay relevant and improve their processes.
5. Employees: An organization should hire skilled employees, train them regularly, and keep them motivated. This will improve their performance and their morale.
Therefore, an organization should focus on their strengths, market positioning, customer service, technology, and employees in order to deal effectively with turbulent competitive dynamics. This will enable the organization to stay relevant in the market and improve their competitiveness.
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checking the purchase order upon delivery of products to a warehouse ensures that
a. the order was actually made in the quality is correct
b. The items were purchased at the lowest possible price
c. The items work as advertised
d. there will be enough storage space to house the items
Answer:
i believe it is a.
Explanation:
im not sure but this sounds the most reasonable
The production era marked a time when companies were able to increase their profits because they were able to decrease their production costs.
True
False
Answer:
true
Explanation:
it was the time of the production line making it easy to make expensive things with people that are lower skilled and cheaper overall
Answer:
True
Explanation:
have a good day
You want to buy a new ski boat 2 years from now, and you plan to save $6,400 per year, beginning one year from today. You will deposit your savings in an account that pays 6.2% interest. How much will you have just after you make the 2nd deposit, 2 years from now?
Answer:
Total Amount after 2 years = $13196.8
Explanation:
Data Given:
Amount of savings per year = $6400
Interest rate = 6.2%
Find Total Amount in account after 2 year:
Solution:
Lets consider it step by step.
Amount of money deposited in account after 1 year = $6400
After 2 years, we earn 6.2% interest on $6400,which is:
\(\frac{6.2}{100}\cdot6400= 396.8\)
So, after 2 years, BEFORE the 2nd deposit, we have $6400 + $396.8 = $6796.8 in the account.
AFTER 2nd deposit of $6400, total amount we have in account is:
Total Amount = $6796.8 + $6400 = $13196.8
can someone please answer these
Answer: They will be losing money because there company borrowed 25,000$ and lost about 7-8%
Explanation:
Help please... This is due in an hour...
Answer:
but where the key word to it
What organizational & technical failures led to the data breach
at Equifax? (Please put where you got your sources from, thank
you!)
The organizational and technical failures that led to the Equifax data breach in 2017 have been extensively discussed and investigated. Sources such as the U.S. House of Representatives Committee on Oversight and Government Reform Report highlight the key failures.
These include the company's failure to patch a known vulnerability in a timely manner, inadequate security practices such as weak passwords and lack of encryption, poor communication and response to the breach, insufficient monitoring and detection systems, and issues with executive leadership and governance.
These failures collectively allowed hackers to exploit vulnerabilities, gain unauthorized access to sensitive data, and compromised the personal information of millions of individuals.
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Suppose the firm is producing 150 units of output and its fixed cost is $975. Then its average variable cost amounts to?
its average variable cost amounts to
(i)Marginal revenue equals $5.(ii)Average revenue equals $5.(iii)Price equals $5.This is further explained below.What is Marginal revenue?Generally, The increase in income that comes about as a direct consequence of selling one more unit of production is referred to as the marginal revenue (MR). Even while marginal income may continue to grow at the same rate beyond a certain level of production, according to the law of diminishing returns, that growth will ultimately come to a halt as the amount of output continues to rise.
In conclusion, Suppose the company has a constant cost of $975 and produces 150 units of product. Its marginal income is $5, and its average variable cost is I The average revenue is $5. (ii) Price = $5 (iii).
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Which is better long-term or short-term goals?
Zoe has been asked to identify the external links that exist in a workbook that has primarily been managed by another employee. Which feature should she use? show/hide links data tab and external links group edit links dialog box data tab and data tools group.
In Excel, external links are also referred to as external references. The new workbook serves as the external link to the formula when we use any formula in Excel and refer to any workbook other than the workbook with the formula.
An external link is one that points to another workbook or uses a formula from that workbook. Surprisingly, there isn't a fast way to find every link in a workbook at once. You will need to employ several techniques depending on precisely where the references are—in formulas, defined names, objects, or charts. The most frequent instance is external linkages within cells. They are also the simplest to locate and eliminate. Check the data source in the appearing dialog box.
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How much candy is in 30 bags? there are 10 pieces of candy each
Answer:
300
Explanation:
10/30=300
what is the differende between wants and needs?
Explanation:
Want — have a desire to possess or do (something); wish for. Need — require (something) because it is essential or very important rather than just desirable.
Does any of the discussion in this chapter lead you to believe that dollar deposits may have liquidity characteristics different from those of other currency deposits? If so, how would the differences affect the interest differential between, say, dollar and Mexican peso deposits? Do you have any guesses about how the liquidity of euro deposits may be changing over time?
In chapter 7, discussions led me to believe that dollar deposits may have liquidity characteristics different from other currency deposits. Specifically, the liquidity characteristics of dollar deposits differ in the sense that they are more sensitive to shifts in market conditions, and this is attributable to the unique reserve currency status of the United States dollar.
This reserve currency status of the United States dollar is supported by the US economy’s global significance, the magnitude of US trade, and the fact that the US Federal Reserve is the only institution that can produce US dollars.
Liquidity characteristics of euro deposits are changing over time, primarily due to macroeconomic and financial factors, as well as the policies of central banks in Europe. The banking industry has become more stable and efficient over time, and financial regulations have been established to address the vulnerabilities of banking systems in the Eurozone.
These policies have contributed to a decline in the level of liquidity risk associated with the euro, making it a more attractive currency for investors. Therefore, the liquidity of euro deposits has improved over time.
Interest differential between dollar and Mexican peso deposits would be affected by differences in liquidity characteristics, particularly if dollar deposits are perceived to be less liquid than peso deposits.
If the perception is that dollar deposits are less liquid, then they would be subject to higher interest rates compared to peso deposits. This is because the higher interest rates will compensate investors for the higher liquidity risk that is associated with the less liquid dollar deposits.
On the other hand, if dollar deposits are perceived to be more liquid than peso deposits, then they would be subject to lower interest rates.
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Cody worked 59 hours last week. Of those hours, 40 hours were paid at the regular rate of $12.50. Ten hours were paid at time-and- a-half, and 9 hours at the double-time rate.
a) What was the gross pay for regular hours?
b) What was Cody’s overtime wages?
c) What was Cody’s total gross pay for the week?
Answer:
Explanation:
a. What was the gross pay for regular hours?
This will be the regular pay multiplied by the regular hours. This will be:
= $12.50 × 40
= $500
b) What was Cody’s overtime wages?
Cody's overtime wages will be the total amount earned during overtime. This will be:
= [10 × ($12.50 × 1.5)] + [ 9 × ($12.50 × 2)]
= (10 × $18.75) + (9 × $25)
= $187.50 + $225.
= $412.50
c) What was Cody’s total gross pay for the week?
The total gross pay for the week will be the addition of the amount that was earned during regular hours and overtime. This will be:
= $500 + $412.50
= $912.50
If you decide to hunt for your next job while you are still employed, you should be careful to a. Only search for jobs in other industries b. Tell your boss you are looking right away Tell your coworkers where you are looking d. Keep the information to yourself
Answer:
D. Keep the information to yourself.
Assuming you decide to hunt for your next job while you are still employed, you should be careful to: D. Keep the information to yourself.
An employee refers to an individual who is employed by an employer of labor, so that he or she can perform specific tasks, duties or functions within the business firm, for a certain amount of money paid as wages or salary.
Job hunting is a process through which individuals who are seeking employment go around in search of available job opportunities while submitting an application.
Ideally, job hunting is usually carried out by unemployed people. However, some employed persons go on job hunts when they seek more experience or a higher pay.
On this note, an employed person that decides to hunt for a new job should endeavor to keep such an information to himself or herself because it could lead a termination of contract at his or her current establishment.
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The demand equation for handcrafted violins by a certain violin maker can be approximated by p=24−x where p is the price in thousands of dollars and x is the quantity of violins demanded. Find and interpret the marginal revenue for each of the given production levels. (a) x=3 (b) x=10 (c) x=13 What is the marginal revenue function, R′(x) ? R′(x)=
The marginal revenue for each of the given production levels is as follows: When x = 3, the marginal revenue is $24,000. When x = 10, the marginal revenue is $14,000. When x = 13, the marginal revenue is $11,000.
How is marginal revenue calculated and interpreted in this context?Marginal revenue represents the change in total revenue resulting from producing and selling one additional unit.
In this case, the demand equation for handcrafted violins is given as p = 24 - x, where p is the price and x is the quantity demanded.
The marginal revenue function, R'(x), is the derivative of the revenue function with respect to x.
Taking the derivative of the demand equation gives us R'(x) = -1, which means that the marginal revenue is a constant -1 (thousand dollars) regardless of the production level.
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What role do career pathways play?
A. Career pathways lay out the academic courses, skills, and knowledge required for a position.
B. Career pathways help students determine whether a position will have information technology as a primary or secondary focus.
C. Career pathways lay out the advantages and disadvantages of potential careers.
D. Career pathways organize jobs into 16 major groups to help students plan their careers.
Answer:
I think it's A. but don't depend on me i'm probley wrong
Explanation:
What part do career paths play is The educational requirements, necessary skills, and expertise for a position are outlined in career pathways. As a result, choice (A) is right.
What is meant by Career pathways ?A career path is a list of steps you should take to advance into new or more senior responsibilities at work during your professional life. Employees are guided toward their ultimate professional ambitions as well as their long-term goals through a series of positions and experiences.
By highlighting their existing professional situation and providing advice on how to improve it, career pathing can increase their levels of engagement and job satisfaction.
An essay about your career objectives is a piece of writing in which you describe the career route you hope to take and the goals you have for yourself. You will discuss your career aims, pertinent accomplishments that help you be more successful in achieving your goals, and how your aspirations can help you advance even farther in the essay.
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Samco Corp. purchased inventory on July 1, 2020, from its main U.S. supplier, XYZ INC. at a cost of US$12,000. Samco's year end is on July 31. Payment of US$12,000 for the inventory is due on August 31, 2020.
Some important dates regarding this transaction, as well as the exchange rates in effect at each of these dates are shown below:
Transaction date: July 1, 2020:
1 U.S. Dollar = CDN$1.370
Year end: July 31, 2020:
1 U.S. Dollar = CDN$1.345
Settlement date: August 31, 2020:
1 U.S. Dollar = CDN$1.335
What was the amount in Canadian dollars paid by Samco to XYZ on the settlement date?
a.
CDN$12,000
b.
CDN$16,020
c.
CDN$15,900
d.
CDN$16,440
Since the question asks about the Canadian dollar amount to be paid on the settlement date, we need to first convert the cost of the inventory in US dollars into Canadian dollars using the exchange rate at the time of purchase, which was 1 U.S. dollar = CDN$1.370.
Cost of inventory in Canadian dollars = US$12,000 × 1.370 = CDN$16,440
Next, we need to calculate the US dollar amount that will be paid on the settlement date using the exchange rate at the time of settlement, which was 1 U.S. dollar = CDN$1.335.
US dollar amount to be paid = CDN$12,000 ÷ 1.335 = US$8,991.02Finally, we need to convert this amount back to Canadian dollars to find the answer to the question.
US$8,991.02 × 1.335 = CDN$12,000.00
Therefore, the amount in Canadian dollars paid by Samco to XYZ on the settlement date was CDN$12,000.00.Samco Corp purchased inventory worth US$12,000 on July 1, 2020, from its US-based supplier XYZ Inc. Its year-end is on July 31, 2020.
The payment for the inventory was to be made on August 31, 2020. Samco Corp had to make the payment in Canadian dollars because it is based in Canada and the payment was to be made to a US supplier.
The exchange rate between the US dollar and the Canadian dollar on July 1, 2020, was 1 US dollar = CDN$1.370.
Therefore, the cost of inventory in Canadian dollars was CDN$16,440 (12,000 x 1.37). On the year-end, which is July 31, 2020, the exchange rate was 1 US dollar = CDN$1.345.
This means that if Samco had made the payment on July 31, 2020, the amount to be paid in Canadian dollars would be CDN$16,140 (12,000 x 1.345).
However, since the payment was to be made on August 31, 2020, the exchange rate on that date would be applicable.
On the settlement date, which is August 31, 2020, the exchange rate was 1 US dollar = CDN$1.335.
Therefore, Samco had to pay US$8,991.02 (12,000/1.335) to XYZ Inc on August 31, 2020. This amount was then converted to Canadian dollars using the exchange rate of 1 US dollar = CDN$1.335.
Therefore, the amount in Canadian dollars paid by Samco to XYZ on the settlement date was CDN$12,000.
The amount in Canadian dollars paid by Samco to XYZ on the settlement date was CDN$12,000.
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define permanent office in one sentence
Answer:
A permanent office is also known as the long term office. It is established for the production and distribution of goods and services over a long period of time.
Explanation:
Mark me brainlistWhat is payment by cash?
What is it used for?
Answer:
payment by cash is when you pay for something by cash
Explanation:
Answer:
When you use cash instead of your card.
Explanation:
Lets say you are going to the shop, to buy something- You arrive at the till and realise that you have not got your card with you , but instead you have cash. So that is what payment by cash is
Describe factors that encourage conspicuous
consumption by the purchase of status sym-
bols.
Veblen's initial thesis said that better social standing and peer recognition were the two key factors influencing ostentatious consumption.
Conspicuous consumerism is the act of acquiring things or services specifically with the intention of flaunting one's affluence. When publicly exhibited products and services are too expensive for other people in a person's class, conspicuous spending is a way to demonstrate one's social position.
What is the conspicuous consumerism theory?
Conspicuous consumption is defined as. Displaying extravagant riches in order to improve one's standing and reputation in society is known as conspicuous spending.To Learn more about conspicuous consumption, click the links
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HELP NEEDED IF CORRECT If the contract requires that the goods be delivered by carrier and nothing else is stated, then the contract is a. warehouse contract. b. shipping contract. c. destination contract.
Answer:
b. shipping contract.
Explanation:
Shipping contract in which the vendor is obliged to dispatch the goods through the carrier. Once delivered to the carrier, the buyer bears responsibility for any injuries or damages to the goods. It is a detailed body of regulations, laws and policies, international treaties, and judicial rulings designed to deal with the responsibility and operating rights of carriers traveling on the high seas. All contracts are oftentimes implied to be contracts for shipment if there is nothing to the contrary specified in the contract.
match each type of area with the correct level of housing prices?
URBAN
EXURBAN
SUBURBAN
LOW HOUSING PRICES
MEDIUM HOUSING PRICES
HIGH HOUSING PRICES
Answer and Explanation:
The matching of the area with the level of housing prices is as follows
Urban = High housing prices
As urban refers to that area in which there is a large population so of course the prices of the houses are high
Exurban = Low housing prices
The exurban is located in the rural areas in which there are less populations as compared to sub
Suburban = Medium housing prices
In this the population is more than the exurban
Consumers, Who Tend To Follow The Crowd Value Long-Term Reputation, Shop For Their Families, Buy From Trusted Retailers and prefer traditional brick and mortar stores probably belong to which type of culture?
1. Self directed
2. Self actualized
3. Independent
4. Collectivistic
5. Individualistic
Based on the provided characteristics, the consumers described likely belong to a collectivistic culture. Collectivistic cultures prioritize the group or community's well-being and place importance on social harmony, relationships, and long-term reputation.
In collectivistic cultures, individuals tend to make decisions based on the interests and values of their family, social group, or community. They value the opinions and recommendations of others and are more likely to follow the crowd or rely on word-of-mouth recommendations. Trust and reputation are highly regarded, leading them to shop from trusted retailers and prefer traditional brick and mortar stores, which are often seen as established and reliable. Furthermore, collectivistic cultures emphasize the welfare of the family and kinship ties. Consumers in such cultures tend to make purchasing decisions with their families in mind, considering the needs and preferences of their loved ones. They may prioritize shopping for their families over individual desires or preferences. On the other hand, individualistic cultures place greater emphasis on personal goals, independence, and individual achievement. Consumers in individualistic cultures are more likely to make autonomous choices based on personal needs and desires, rather than considering collective values or long-term reputation.
Therefore, based on the characteristics provided, the consumers described align more closely with the values and behaviors associated with collectivistic cultures.
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Which of the following would be a financial audit (or a part of a financial audit) under the Government Auditing Standards?
A) An audit expressing an opinion on the basic financial statements of a state or local government audit.
B) An examination to determine whether purchasing procedures are appropriately designed to assure program supplies meet standards.
C) Both A and B above.
D) Neither A nor B above.
The correct answer is C) Both A and B above.
Under the Government Auditing Standards, both options A and B would be considered as part of a financial audit. Option A refers to an audit that expresses an opinion on the basic financial statements of a state or local government. This involves examining the financial statements to ensure they are presented fairly and in accordance with generally accepted accounting principles.
Option B involves examining purchasing procedures to determine if they are appropriately designed to ensure program supplies meet standards. While this may not directly relate to the financial statements, it is still considered part of a financial audit under the Government Auditing Standards. This is because evaluating the effectiveness of purchasing procedures can have an impact on the financial operations and controls of an organization.
The Government Auditing Standards, also known as the Yellow Book, provide guidance for auditors conducting financial audits of government entities. It sets forth the standards and requirements for audits, including the scope and objectives of the audit, the auditor's qualifications, and the reporting requirements. The standards aim to promote accountability, transparency, and integrity in the financial operations of government entities.
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When a supplier makes a downward adjustment in the amount owed by a creditor, the creditor will:
A. reduce the amount of the account payable to the supplier, and decrease an asset such as inventory.
B. increase the amount of the account payable to the supplier, and decrease an asset such as inventory.
C. reduce the amount of the account payable to the supplier, and increase cash.
D. reduce the amount of the account payable to the supplier, and decrease cash.
Answer:
d
Explanation:
When a supplier makes a downward adjustment in the amount owed , it means that the supplier reduces the total amount owed. thus the creditor would r less cash and the debtor would pay less cash
If the value of the goods and services a country produces stays the same
while its population increases, which statement must be true?
O A. The country's unemployment rate has decreased.
O B. The country's total GDP has increased.
O C. The country's per capita GDP has decreased.
O D. The country's rate of inflation has increased.
SUBMIT
Answer:
C
Explanation:
If the value of the goods and services a country produces stays the same while its population increases The country's per capita GDP has decreased. Thus the correct option is C.
What is a service?Services are referred to as a type of goods that is offered to someone in terms of facilities like the one received in a restaurant or shopping mall. It is a type of commodity or product that is intangible in nature, one can only feel it.
Final or finished goods are products that are sold in the market to satisfy buyers. This item can be both a good and a service, with a good being something tangible and a service being something intangible.
The output from production and sales within the nation is used to calculate GDP. When computing GDP, exports are added because they represent money entering the market, and imports are deducted because they represent money leaving the market.
Therefore, option C is appropriate.
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Trade is based on the agreement of the trading partners. Why is this important? What does the agreement of each trading partner reflect about how the transaction affects their personal well-being?