Answer:
Your right, you can fill it in.
machinery was purchased on january 1 for $84,280.00. the machinery has an estimated life of seven years and an estimated salvage value of $9,000. double-declining-balance depreciation for the second year would be (round calculations to the nearest dollar): a.$18,200 b.$17,200 c.$16,200 d.$16,700
Double-declining-balance depreciation for the second year would be $17,200
Cost=$84,280
Estimated life=7 years
Depreciation under double declining balance method=((cost-accumulated depreciation)/useful life)*2
Depreciation in the first year=((84280-0)/7)*2=$24,080
Depreciation in the second year=((84280-24080)/7)*2=$17,200
The answer is $17,200
Correct Option is B.
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an effective, logical business message includes which of the following characteristics? (choose every correct answer.) multiple select question. applicability of research supported facts broad generalizations research-backed ideas
A logical business message should have research-backed ideas, applicability of research, supported facts.
Effective messages have a specific goal to educate, convince, or work with the target audience. The message should be created taking into account the level of knowledge, possible response, and relationship with the composer of the audience. Unless there are several concerns that need to be addressed jointly, it is often advisable to stick to one major point per message. Having a clear aim in mind when communicating in business will also help choose the best channel for getting the word through.
Selecting the proper channel to deliver the message is also crucial. Large audiences can be reached by email, however smaller groups are better served by face-to-face communication.
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adam's sports store has a contribution margin ratio of 55% and has already passed the break-even point for the year. if adam's generates additional sales of $250,000 by year-end, net operating income will increase by
Adam's sports store has a contribution margin ratio of 55% and has already passed the break-even point for the year. if adam's generates additional sales of $250,000 by year-end, net operating income will increase by 137,500 (250,000 x 55%).
Income is activities associated with selling or the number of goods bought in a given focused term. The transport of a provider for a value is likewise considered a sale. The seller, or the issuer of the products or offerings, completes a sale in response to an acquisition, appropriation, requisition, or an instantaneous interaction with the buyer at the factor of sale. There may be a passing of title (property or ownership) of the item, and the settlement of a rate, wherein settlement is reached on a fee for which a switch of possession of the item will occur. The seller, no longer the client, typically executes the sale and it can be finished previous to the obligation of payment. Inside the case of oblique interaction, a person who sells goods or carrier on behalf of the proprietor is called a salesperson or saleswoman or salesperson, but this frequently refers to someone selling items in a shop/shop, wherein case other terms are also not unusual, which includes salesperson, keep assistant, and retail clerk.
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yasmin is an accountant and she joined the american accounting society because that group keeps her skills updated as an accountant. what is her motive?
Yasmin is an accountant and she joined the american accounting society because that group keeps her skills updated as an accountant, her motive is personal incentives.
What is the main role of accountants in society?
Accountancy professionals in business assists with corporate strategy, provide advice and aid businesses to minimize costs, improve their top line and mitigate risks. As a board directors, professional accountants in business directs the interest of the owners of the company .
What are the main duties and responsibilities of an accountant?Ensuring the correctness of financial documents, as well as their compliance with relevant laws and regulations. Preparing and maintaining necessary financial reports. Organising tax returns and ensuring that taxes are paid properly and on time.
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countries with very low physical capital levels will receive a greater return to an additional unit of capital than countries with high initial physical capital levels. what is this called?
Countries with very low physical capital level are have decreasing marginal returns to factors of production. That condition can occur when an extra additional production unit produces a reduced level of output.
Diminishing returns in economics can be defined as the decrease in marginal output of a production process as the amount of a single factor of production is incrementally increased, holding all other factors of production equal. There are several factors that can caused diminishing return, such as lower levels of productivity, negative impact on the working environment, fixed costs, limited demand, and also short run.
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the net investment income tax is imposed on the of (a) net investment income or (b) the excess of agi over a specific level depending on filing status.
Depending on filing status, either (a) net investment income or (b) the excess of adjusted AGI over a certain level are subject to the net investment income tax.
Prior to taxes, investment assets AGI such as bonds, equities, mutual funds, loans, and other investments generate income known as net investment income (NII) (less related expenses). Whether net investment income consists of dividends, interest, or capital gains will affect the individual tax rate.
Investors realize a gain or loss when AGI they sell assets from their portfolios; the outcome depends on the sale's proceeds. Capital gains from the sale of stocks, interest income from fixed-income investments, dividends paid to shareholders, rental income from real estate, some annuity payments, royalties, and other types of income are examples of realized profits. Net investment income is the sum of any realized gains (before taxes) less any trade commissions or other costs (NII). Whether the asset was sold for a capital gain or loss would determine whether NII was positive or negative.
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The complete question is
The net investment income tax is imposed on the of__________ (a) net investment income or (b) the excess of __________ AGI over a specific level depending on filing status.
at 47 units of labor, a firm finds that average product of labor equals 39.6 and marginal product of labor equals 32.9. we can conclude that the average product curve at 47 units of labor is: upward-sloping. horizontal. vertical. downward-sloping.
We can conclude that the average product curve at 47 units of labor is downward sloping.
Option D is correct.
What is marginal product with example?Marginal product is referred to as the change in output observed with per unit change of an input while putting all other factors of input constant. Example: Labour, materials etc.
What is product curve?Product curves shows the relationship between output and the quantity of a factor; they have the factor quantity on the horizontal axis. Cost curves shows how costs vary with output and have output on the horizontal axis.
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if the premier corporation has an roe of 14 percent and a payout ratio of 16 percent, what is its sustainable growth rate? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
If the leading corporation has a retention ratio of 16 percent and a return on equity of 14 percent, its sustainable growth rate is 11.76%.
Retention Ratio = 1- Payout ratio
Retention Ratio = 1-16% = 1-0.16 = 0.84 = 84%
sustainable Growth Rate = return on Equity * retention ratio
= 14.00 *0.84 = 11.76%
The percentage of earnings retained by the company is known as the retention ratio. The retention ratio is the portion of equity net income that is kept in-house rather than distributed as dividends in order to expand the company. It is the polar opposite of the payout ratio, which computes the proportion of profits distributed to shareholders in the form of dividends. Another name for the retention ratio is the plowback ratio.
The retention ratio aids investors in determining how much cash a company is holding back to reinvest in its operations. Earnings growth equity may be negatively impacted if a corporation distributes all of its retained earnings as dividends or does not reinvest them in the company.
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human capital includes: question 20 options: a) physical capital. b) the improvements to labor capabilities from training, education, and apprenticeship programs. c) labor. d) pension plans that enable early retirement.
Human capital includes b) the improvements to labor capabilities from training, education, and apprenticeship programs.
What is human capital?Human capital can be described as the capital that is been seen in the live of individuals throughout his lifetime these ca involves the knowledge as well as skills, and health.
It should be noted that this capital is been seen in the people and what they are have investing on throughout their lives, which gives them the ennoblement to realize their potential so that can be one of the productive members of society.
Therefore, option B is correct.
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after the accounts have been adjusted at april 30, the end of the fiscal year, the following balances were taken from the ledger of twin trees landscaping co.:
The account summary is as follows
Dr. Fees had a salary of 279,100.A breakdown of the revenue generated by Cr: 279,100The Honorable Dr. Oscar Killingsworth, Capital 5,500A summary of the income from Cr: 5,500This is further explained below.
What is an account?Generally, An account is a record that contains a summary of the relevant transactions that are associated with a certain head.
It not only tracks the monetary value of the transactions but also the consequences and outcomes of such transactions.
For instance, a cash account will detail every cash that has been received in addition to cash that has been paid out.
(Accounting: Statements of Financial Position) A thorough record of all the money that a person or company has received and spent is kept in what is known as an account.
In the method of accounting known as double entry, each debit and credit that is recorded in one account is likewise recorded in another account as either a credit or a debit.
In conclusion,
Comprehensive income report for Dr. 284,600
Wages Expense 221,600 ------Cr
Rent Expense 43,800 ------Cr
Supplies Expense 9,000 ------Cr
Miscellaneous Expense 10,200 ------Cr
Dr. Fees had a salary of 279,100.
A breakdown of the revenue generated by Cr: 279,100
The Honorable Dr. Oscar Killingsworth, Capital 5,500
A summary of the income from Cr: 5,500
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CQ
Closing Entries After the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger of Twin Trees Landscaping Co.: Oscar Killingsworth, Capital $503,900 Oscar Killingsworth, Drawing 8,200 Fees Earned 279,100 Wages Expense 221,600 Rent Expense 43,800 Supplies Expense 9,000 Miscellaneous Expense 10,200 Journalize the two entries required to close the accounts. If an amount box does not require an entry, leave it blank.
which of the following functions as both a store of value and a medium of exchange? a. cash but not stocks b. stocks but not cash c. cash and stocks d. neither cash nor stocks
Cash serves as a value store and a medium of exchange, but not stocks. A security that denotes ownership of a portion of the issuing company is referred to as a stock.
A security that denotes ownership of a portion of the issuing company is referred to as a stock, also known as equity. Shares, which are units of stock, entitle its owners to a percentage of the company's assets and income based on how many shares they possess.
The cornerstone of many individual investors' portfolios, stocks are exchange mostly bought and sold on stock exchanges. Government rules aimed at shielding investors from dishonest tactics must be followed when trading stocks.
Due to the legal separation of corporate property from shareholder property, both the corporation and the shareholder are subject to less liability. The assets of a shareholder are not at risk if the corporation stocks declares bankruptcy, but a judge may order the sale of all of its assets. Even if your shares' value may have decreased, the court cannot exchange order you to sell them. The company's assets cannot be sold to satisfy creditors if a key stakeholder declares bankruptcy.
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acme corp. has a promotion strategy that involves promoting its widgets through personal selling and sales promotion to the wholesalers that handle its products. which channel promotion policy is acme using?
Channel promotion policy is acme using push policy.
What is policy?
A deliberate set of rules designed to direct behaviour and produce logical results is called a policy. A policy is a declaration of intent that is carried out through a procedure as well as protocol. Typically, a governance body within an organisation adopts policies. Both objective and subjective decision-making can benefit from policies. Policies in use in subjective decision-making typically assist senior management with choices that have to be based on the relative merits of a variety of factors, and as a result, are frequently challenging to test objectively. An example of a policy used in this manner is the work-life balance policy. Additionally, policies are present in governments and other institutions in the form of laws, rules, guidelines, administrative practises, rewards, and unofficial customs. Allocations of resources frequently reflect political choices. A policy is a blueprint for the repetitive and routine organisational activities.
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A car that originally cost $4,213 in 1955 is valued today at $72,000 if in excellent condition. Which is 214 times as much as a car in very nice condition—if you can find an owner willing to part with one for any price.
What would be the value of the car in very nice condition?
Answer:
2 because I got 2
Explanation:
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use this information to answer to determine how many units must be sold: a total of 30,000 units were sold last year. the contribution margin per unit was $2, and fixed expenses totaled $20,000 for the year. this year fixed expenses are expected to increase to $26,000, but the contribution margin per unit will remain unchanged at $2. how many units must be sold this year to earn the same profit as was earned last year?
33,000 units must be sold this year to earn the same profit as earned last year.
It is given that, the contribution margin per unit will remain constant even though there is an increase in fixed cost.
We are not provided with the profits for any year.
But the fixed cost amount is provided. Previous year fixed cost = $ 20,000; Current year fixed cost = $ 26,000
There is an increase in the fixed costs of $6,000.
Profit earned in the previous year:
No. of units sold = 30,000; Contribution per unit = $2
Total contribution earned in previous year = $2 x 30,000 = $ 60,000
Fixed cost in previous year = $20,000
Profit = $60,000 - $ 20,000 = $ 40,000
Required:
Profit = $ 40,000;
Fixed cost = $26,000.
Total Contribution = Fixed Cost + Profit
Total Contribution = $ 26,000 + $ 40,000
Total Contribution = $ 66,000
Contribution per unit = $2 (Given)
Therefore, no. of units sold = Total Contribution / Contribution per unit.
No. of units sold = $66,000/$2
No. of units sold = 33,000 units.
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What is the average correlation between a randomly selected pair of u. S. Stocks?.
The average correlation between a randomly selected pair of u. S. Stocks between 0 and 1.
The future performance of two equities in relation to one another can be predicted using covariance formulas. Covariance can be used to analyze historical returns to discover if stock returns often move in unison or opposition to one another.
Whether two equities have a high or low covariance may not be an important indicator by itself. Covariance can show how stocks move in tandem, but to assess the strength of the association.
When creating effective investment portfolios, modern portfolio theory (MPT) uses covariance. Finding assets with a low or negative correlation is important for achieving the best risk-return trade-off.
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in the middle of this decade, the united states imported about $800 billion more in goods and services than it exported, thereby resulting in a value of xn and a decrease in gdp.
Based on the story above, United States is resulting in a negative value of Xn and a decrease in GDP.
Gross domestic product or also known as GDP can be described as a monetary measure of the market value of all the final goods and services produced and sold in a specific time period by countries. Gross domestic product measure is often revised before being considered a reliable indicator due to its complex and subjective nature.
Negative value in economic can occur when demand for a product drops or supply increases to an extent that owners or suppliers are prepared to pay others to accept it, in effect setting the price to a negative number.
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in a blank , members of the channel pursue their own goals and maximize their own profits, regardless of the effect on other channel members. multiple choice question. corporate vertical marketing system conventional marketing channel strategic relationship jit system
Marketing channel pursues their own goals and maximizes their own profits, regardless of the effect on other channel members.
A marketing channel is the people, corporations, and sports that make goods and offerings available to be used by purchasers. It transfers the ownership of products from the point of manufacturing to the factor of consumption.
Extensively, the four foremost varieties of advertising and marketing channels are paid, free, virtual, and conventional channels. several marketing channels, which include social media, influencers, and paid ads, fall under these main advertising channels.
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_1. Scientific management’s focus was based on what?
a. Improving efficiency
b. Using knowledge, fairness, and logical rules and procedures.
c. On how and what managers should do in their jobs
d. The employee’s humanistic needs
Answer:
Explanation:
Scientific management is a theory of management that analyzes and synthesizes workflows. Its main objective is improving economic efficiency, especially labor productivity. It was one of the earliest attempts to apply science to the engineering of processes in management.
the new economic pattern that developed when automation disiplaced scarce home produced goods the poor could afford the necessities and small luxuries of life.
The new economic pattern that came about when the poor were able to afford the necessities and small luxuries that life provided was the development of the Middle Class.
Find out more below.
How did the Middle Class develop?The Middle Class came about as a result of several reasons such as the increased incomes that came with improved production techniques, and the accessibility of goods and services that were previously reserved for the elite and wealth in society.
Thanks to the Industrial Revolution, automation and improved factory production led to goods that used to be scarce such as proper clothing, being available in larger quantities.
As a result, the poorer people were able to get jobs in these factories and also spend on these goods which led to a new class being created between the elite and the poor - the Middle Class.
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4. (12) negate the following quantified statements (give answers in english): a. no dogs are viscious. b. some ski resorts also offer mountain biking.
By negating the following quantified statements option a will be false and option b will be true.
Negation is when a sentence is nullified by adding a negative word. Quantifiers refer to words used in sentences to give information about quantities of something.
Negation of the quantified statements is from the left to right side of the sentence. In option a, the sentence is already negative but it is a false statement. Therefore, the statement will be negated as 'not all dogs are vicious.
In option b, the sentence will be negated as 'not all ski resorts offer mountain biking. It is a true statement so the meaning remains unchanged even after negation.
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a company asks aurora to work on a mobile device that belongs to a colleague. after her evaluation, she narrows down the list of things to consider doing. they include uninstalling some apps, updating the os, and possibly performing a factory reset. what would have prompted her to consider these actions? group of answer choices
The factor that would make Aurora to be able to consider all of the factors that have been listed here as she is to work on the device would be the knowledge of the different factors that may cause a device to malfunction.
What is the reason why the phone may have issues?The reason why a phone may have issues may be different based on the types of issues that the phone has been listed to be having.
The OS of the phone is the operating system of that phone. It is what the phone is able to function by.
Given the type of issue that is the problem, the factory reset would be necessary. This would help to wipe the phone and may it empty in a way that it would come in the same way as it was when it was bought.
Uninstalling the app may cause the storage to be free and also help to remove a malicious application as well from the phone.
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you are presented with an investment opportunity. for $10,000 today, the investment will return $15,000 in 5 years. if a comparable opportunity returns 8%, what is the npv of this investment rounded to the nearest dollar?
The formula to find net present value (NPV) is present value of expected cash flow - today's value of invested cash = 15000 - 10000 = 5000
The worth of all potential expected cash flows, both positive and negative, discounted to the present, is known as net present value (NPV).
The concept of net present value (NPV) is used to calculate the current value of all projected future cash flows, including the initial capital expenditure. In capital budgeting, it is frequently used.
I simple words Net present value, as its name implies, is nothing more than the future value of cash inflows and outflows after discounting them at a predetermined rate.
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What is the value of a stock that you believe will sell in three years for $81 a share and will pay $3. 00 in dividends every year for the three-year period assuming your required return is 10%?.
A stock that you think will go for $81 per share in three years and will pay $3.00 in dividends annually for that time period, providing your needed return is 10%, is worth $68.32.
N = 3
I = 10
PV = ? = $68.32
PMT = 3
FV = 81
A stock, usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing dividends company. Shares, also known as units of stock, entitle its owners to a share of the company's assets and income in proportion to the number of shares they possess.
Most individual investors' portfolios are built on stocks, which are mostly bought and sold on stock exchanges. Government standards designed dividends to shield investors from dishonest tactics must be followed during stock trades.
In order to raise money to run their operations, corporations issue stock, and the holder of that shares, known as a shareholder, may be entitled to some of the company's assets and earnings.
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regardless of whether variable costing or absorption costing is used, if quantity produced differs from quantity sold, income will be (similar, different, indeterminable).
Answer:different
Explanation:
april 2 nozomi invested $35,000 cash and computer equipment worth $35,000 in the company in exchange for its common stock. april 3 the company rented furnished office space by paying $2,500 cash for the first month’s (april) rent. april 4 the company purchased $1,800 of office supplies for cash. april 10 the company paid $2,880 cash for a 12-month insurance policy. coverage begins on april 11. april 14 the company paid $1,000 cash for two weeks' salaries earned by employees. april 24 the company collected $14,000 cash for commissions revenue. april 28 the company paid $1,000 cash for two weeks' salaries earned by employees. april 29 the company paid $350 cash for minor repairs to computer equipment. april 30 the company paid $900 cash for this month's telephone bill. april 30 the company paid $1,580 cash in dividends.
The Journal entry is the process of maintaining the records of transaction that takes place in the organization. The below are given journal entries of above-mentioned transactions.
The journal entries will be:
1) Dr. Cash $35,000
Dr. Computer Equipment 35,000
Cr. Capital $70000
(Cash and computer equipment invested)
2) Dr. Rent Expense $2,500
Cr. Cash $2,500
(Rented space)
3) Dr. Office Supplies $ 1,800
Cr. Cash $ 1,800
(Company purchased supplies)
4) Dr. Prepaid Insurance $2,880
Cr. Cash $2,880
(Company purchased insurance policy)
5) Dr. Salaries Expense $1,000
Cr. Cash $1,000
(Paid salaries)
6) Dr. Cash $14,000
Cr. Commissions Earned $14,000
(Commission earned)
7) Dr. Repairs Expense $350
Cr. Cash $350
(Payment made for repairs)
8) Dr. Telephone expense $900
Cr. Cash $900
(Paid telephone bill)
9) Dividend paid $1580
To cash $1580
(Payment of dividend)
The complete question is here:
On April 2 Nozomi invested $35,000 cash and computer equipment worth $35,000 in the company in exchange for its common stock. April 3 the company rented furnished office space by paying $2,500 cash for the first month’s (April) rent. April 4 the company purchased $1,800 of office supplies for cash. April 10 the company paid $2,880 cash for a 12-month insurance policy. coverage begins on April 11. April 14 the company paid $1,000 cash for two weeks' salaries earned by employees. April 24 the company collected $14,000 cash for commissions revenue. April 28 the company paid $1,000 cash for two weeks' salaries earned by employees. April 29 the company paid $350 cash for minor repairs to computer equipment. April 30 the company paid $900 cash for this month's telephone bill. April 30 the company paid $1,580 cash in dividends. Form the journal entries of above transactions.
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holloway incorporated manufactures plane engines. at the end of 2022, they had $3.7 billion in finished goods, $400 million in work-in-process, and $150 million in raw materials. what is holloway’s inventory total?
Holloway’s inventory total will be $4.25 billion. Thus, option A is correct.
What is manufacturing?Manufacturing is the process of taking raw materials or other resources and turning them into finished goods or other commodities. This allows the business to make money by selling these products.
The given data:
finished goods= $3.7 billion = 3700 million
work-in-process = $400 million
raw materials = $150 million
inventory total = finished goods + raw materials + work-in-process
= 3700 + 400 + 150
= $4250 million = $4.250 billion.
Therefore, option A is the correct option.
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The question is incomplete, the complete question will be:
A : $4.25 billion
B : $3.85 billion
C : $3.7 billion
D : $4.1 billion
the profit on the sale of land between a parent and its subsidiary . group of answer choices can be partially realized if the value of land appreciates (i.e., increases) regardless of being sold to outsiders or not. none of these statements are true. is realized when the land is later sold to outsiders. both statements are true.
At the time of the arrive deal, both the dealer and buyer account for the exchange as in the event that it were entered into with an irrelevant commerce.
What Is the Impact of the Intercompany Deal of Arrive on Solidified Net Income?
When a gather of two or more businesses is required to report money related comes about on a solidified premise, for the most part acknowledged bookkeeping standards, or GAAP, require the end of intercompany deals amid the combination prepare. Disposing of the intercompany deal of arrive has an prompt impact on the sum of solidified net salary detailed on the benefit and misfortune explanation. The fundamental disposal sections can influence future solidified net salary in case the arrive is ever sold to an disconnected party.
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Is a travel agent a part of the primary, secondary or tertiary sector?
a travel agent is a secondary sector
marquis company uses a weighted-average perpetual inventory system and has the following purchases and sales: august 218 units were purchased at $9 per unit.august 1823 units were purchased at $11 per unit.august 2920 units were sold.what is the amount of the cost of goods sold for this sale? (round average cost per unit to 2 decimal places.)
With weighted-average perpetual inventory system the amount of the cost of goods sold on 29th August is $197.40
According to the given table and weighted-average perpetual inventory system
The total cost of purchase on 2nd August was, 18×9=$162
The total cost of purchase on 18th August was, 23×11=$243
Total units purchased were, 18+23=41
Hence, the average cost of purchase of goods was,
Total cost ÷ Total items purchased
162+243 ÷ 41
$9.87
Therefore, the cost of selling goods is, average cost × total items.sold
9.87×20 $197.40
Hence, the amount of cost of goods sold for the sale is $197.40
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question 5suppose that as a project manager you’re running a kick-off meeting. during the meeting, you spend about ten minutes to set expectations for the team and the next steps they should take. what agenda item does this represent?
The agenda item does in the meeting represent what comes next.
A kickoff meeting can be described as the first meeting with the project team and with or without the client of the project. Kickoff meeting would follow definition of the base elements for other project planning activities and the project.
There are several steps for successful kickoff meeting, such as:
Create an Agenda (and Stick to it)Run Through Any Key DatesLeave Time for QuestionsWrap Up With Action ItemsExplain Roles and Basic ResponsibilitiesGive an Overview of How You'll Accomplish the WorkFollow Up With an EmailLearn more about kickoff meeting here https://brainly.com/question/19205596
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