Answer:
Decrease in assets
Decrease in stockholder’s equity
Sales Transactions and T Accounts Using T accounts for Cash, Accounts Receivable, Sales Tax Payable, Sales, Sales Returns and Allowances, and Sales Discounts, enter the following sales transactions. 1. No sales tax. (a) Merchandise is sold for $320 cash. (b) Merchandise is sold on account for $385. (c) Payment is received for merchandise sold on account.
Answer:
Payment id received for merchanise sold on account
The ……………. refers to something being put into the system. This is transformed by the organisation (or parts of it) through an activity or function of the organisation.
Answer:
any options ?
Explanation:
any options ?
as a project manager for a large construction company, Shaun decided to make the performance appraisal process as painless as possible for his crew. he spent a considerable amount of time creating performance standards he felt were reasonable, and after six months' time, he scheduled individual appointments with each worker to discuss strengths and weaknesses and areas that needed improvement according to the standards he privately set. some employees were sent to vestibule training, and one even got a promotion with additional compensation. what did he fail to do correctly?
1, communicate the performance standards to the employees so they know what is expected
2, copy the HR department on all the results, within 24 hours of each appraisal
3, dismiss at least 10% of the work crew.
4, provide a pleasant environment for the appraisal such as a restaurant setting.
Answer:
he failed to communicate expected performance standards to the employees
Explanation:
this is because the employees could have continued with their current performance instead of changing it to adapt to the expected situation
contact me on +254 701 697 999 for further clarification for free
During 2019 Pulseflow had Cash Paid for Inventory of $25,000 and they purchased equipment costing $5,000 and furniture costing $10,000. What would their Net Cash Used by Investing Activities be
The net cash used by investing activities by Pulseflow Corporation is $15,000.
Data and Calculations:
Operating Activities:
Inventory = $25,000
Investing Activities:
Equipment = $5,000
Furniture = $10,000
The Investing Activities included the purchase of equipment and furniture.
Thus, the net cash used by investing activities is $15,000 ($5,000 + $10,000).
Learn more: https://brainly.com/question/17185574
List five kinds of harm that could occur to your own personal computer. Estimate the likelihood of each, expressed in number of times per year (number of times could be a fraction, for example, 1/2 means could be expected to happen once every two years). Estimate the monetary loss that would occur from that harm. Compute the expected annual loss from these kinds of harm.
The most frequent damages in computers are: Blue screen, Ram problems, continuous shutdown, slow performance, and virus infection.
Blue screen. It is estimated that it can happen 1/2 per year. It is one of the most common computer problems. Generally, it indicates a serious problem, which may be hardware or driver related, so the repair value is high, about $ 50.
RAM problems. It is estimated that it can happen 2/4 per year. It is a problem that is caused by misconfiguration, or a RAM slot is not fitting correctly, which causes it to not work. Its repair is worth about $ 25.
The computer shuts down by itself or restarts itself. It is estimated that it can happen 12/20 times per year. This damage is caused by lack of maintenance in the hardware or problems with the software. For example, if there is dust accumulated on the fans, this obstructs the air and does not allow the computer to cool properly, causing it to shut down. Your repair is worth about $ 50.
Slow performance. It is estimated that it can happen 45/50 times per year. This damage is caused by different factors. However, the most common is the lack of maintenance. Your repair costs about $ 15.
Computer infected with viruses. It is estimated that it can happen 6/10 in a year. Viruses are a type of software that can harm your computer and related systems. Your repair costs about $ 20.
According to the above, the total estimated cost per year for the computer fix is $ 160.
Learn more in: https://brainly.com/question/21080395
Alo Company produces commercial printers. One is the regular model, a basic model that is designed to copy and print in black and white. Another model, the deluxe model, is a color printer-scanner-copier. For the coming year, Alo expects to sell 90,000 regular models and 18,000 deluxe models. A segmented income statement for the two products is as follows:
Regular Model Deluxe Model Total Sales
$13,500,000 $12,240,000 $25,740,000
Less: Variable costs 8,100,000 7,344,000 15,444,000
Contribution margin $5,400,000 $4,896,000 $10,296,000
Less: Direct fixed costs 1,200,000 960,000 2,160,000
Segment margin $4,200,000 $3,936,000 $8,136,000
Less:Common fixed costs 1,500,800
Operating income $6,635,200
Required:
1. Compute the number of regular models and deluxe models that must be sold to break even. Round your answers to the nearest whole unit. Regular models units Deluxe models units
2. Using information only from the total column of the income statement, compute the sales revenue that must be generated for the company to break even. Round the contribution margin ratio to four decimal places. Use the rounded value in the subsequent computation. (Express as a decimal-based amount rather than whole percentage.) Round the amount of revenue to the nearest dollar.
1. The break-even points in sales units are computed as follows:
Break-even point (in units) = Direct fixed cost/contribution margin per unit
Regular model = 20,000 units ($1,200,000/$60)
Deluxe model = 3,529 units ($960,000/$272)
2. The Alo Company's Sales revenue to break-even, company-wide, is computed as follows:
Sales Revenue at break-even point:
= Fixed costs/Contribution margin ratio
= $3,660,800/40%
= $9,152,000
Data and Calculations:
Regular Model Deluxe Model Total
Expected sales quantity 90,000 18,000 108,000
Sales $13,500,000 $12,240,000 $25,740,000
Less: Variable costs 8,100,000 7,344,000 15,444,000
Contribution margin $5,400,000 $4,896,000 $10,296,000
Less: Direct fixed costs 1,200,000 960,000 2,160,000
Segment margin $4,200,000 $3,936,000 $8,136,000
Less:Common fixed costs 1,500,800
Operating income $6,635,200
Selling price per unit $150 $680 ($12,240,000/18,000)
Variable costs per unit $90 $408 ($7,344,000/18,000)
Contribution margin $60 $272 ($680 - $408)
Contribution margin ratio for the company = 40% ($10,296,000/$25,740,000 x 100)
Company total fixed costs = $3,660,800 ($2,160,000 + $1,500,800)
Learn more: https://brainly.com/question/17173792
To encourage employees to work the extra hours needed to get a start-up company off the ground, the CEO offered to institute a profit sharing program for everyone. Which condition that contributes to high performance is most demonstrated at this company
Answer:
can i have a choise
Explanation:
thanks
Leaders regularly communicate with subordinates to provide them instructions on the tasks that need to be completed in a high-performance workplace.Leaders reduce distractions and free team members to concentrate on their jobs by finding rapid solutions to issues.
What is a key element of high performance work systems?
This article's main objective is to outline the essential components of HPWS and show how, in the knowledge, wisdom, and information-based economy of today, forging partnerships with workers makes business sense for employers.Business professionals may be able to avoid mistakes that "conventional wisdom" can lead to and that are increasingly recognized as the root of much organizational dysfunction and decline by understanding the findings of recent research about this high trust and high empowerment management philosophy.The HPWS systems place a strong emphasis on employee involvement and show a dedication to developing an organizational culture that values commitment above control.The cultures of high performance businesses also place a strong emphasis on the pursuit of excellence and demand that employees possess a high level of qualification, competence, and improvement-oriented behavior. Management specialists have studied HPWS in depth and have discovered common management techniques that boost organizational performance and foster competitive advantage.The seven human resource techniques listed below are intended to increase revenues by involving workers as full owners and collaborators in an organization's success.Seven High Performance Work System Practices (HPWS)Security for Employees, Selected Hiring, Decentralized Decision-Making, etc.High Compensation Based on Results.Training through Commitment.Status barriers are lessened.sharing important data. Each employee's and work group's accomplishments in a high-performance work system add to the system's overall high performance.Since ethical behavior mostly benefits short-term relationships with employees but is unsustainable over time, it is an optional requirement for great performance.
To learn more about High Performance Work System refer
https://brainly.com/question/15079928
#SPJ2
Pat Jones is a college student who is planning some networking opportunities for the current l semester. Pat wanted to look
professional for these events and felt a new suit would be a real benefit; however, the cost for the first event ended up being $75 which was a strain on the budget. Pat did not want to attend the remaining three events in the same outfit, so a new strategy was developed. Instead of paying for new suits in cash, Pat decided to charge the suits on a credit card, wear them to the events, and then return them the next day for full credit.
1. Do you feel Pat's new strategy is ethical? Why or why not? Could there be any consequences with this strategy?
2. How will this new strategy impact the company/companies where the suits are purchased?
3. What journal entry/entries would the company have to record related to the return of the suit?
Answer:
1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.
2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.
3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.
Explanation:
alalakjmi >>
ehsnn ajakj akjlskj sajlklk sa
Answer:
Hi there what is your question
hope you have an awesome day
Explanation:
Which best describes the economic impact of defaulting on bank loans?
The economy suffers because banks have less money to loan to others.
The economy suffers because people have less money to spend.
The economy suffers because businesses are scared to take out loans.
The economy suffers because people are scared to take out loans.
Answer:
The answer is A.
Explanation:
The economy suffers because banks have less money to loan to others.
The economic impact of defaulting on bank loans is that the economy suffers because banks have less money to loan to others.
What is effect of defaulting on bank loans?If a bank gives loan to people and they refuse to pay back, there won't be enough money to lend other customers.
Therefore, option A is correct because, economy suffers because banks have less money to loan to others.
Learn more about bank loans at;
https://brainly.com/question/25664180
If insurance companies are required to offer coverage to all interested people, it is said that premiums for each person will be increased. Assume that the insurance market is perfectly competitive. What is the major reason for raising the premium
Answer:
to make sure that your company gets the upper hand and to make more money off of your premium then what the other companies are making
Explanation:
Your company repairs household appliances such as microwaves, dishwashers, and clothes dryers. Your manager, Naomi, is excited about the potential for social media to drive organizational performance. She is considering a number of possible projects, and she asks your advice about how to use social media appropriately.
Which of the following could be a good social media initiative for our company?
a. Use Twitter to post news of product recalls and safety tips for customers, such as the importance of getting safety checks for furnaces and water heaters each fall.
b. Start an internal company blog to post news about impending layoffs and merger discussions.
Answer:
a. Use Twitter to post news of product recalls and safety tips for customers, such as the importance of getting safety checks for furnaces and water heaters each fall.
Explanation:
Using Twitter to keep people up-to-date on important information would be an excellent way to demonstrate expertise and build brand loyalty with customers and potential customers. Imagine tweeting that a popular dishwasher model has been recalled because it may start fires—a lot of people would probably retweet that to alert their friends.
Information about possible layoffs and a merger is sensitive because these changes will affect people’s livelihoods. This information is best communicated via a richer channel than a blog. The sender and receiver should have the opportunity to use and observe body language, and communications should be more personally directed.
Select the BEST answer choice.
Read the following scenario and identify the way in which the government is demonstrating economic involvement. Sam's Super Healthy Candy is going out of business after the government severely fined the company for failing to inform consumers about the added sugar in the company's products.
Group of answer choices
Maintains competition
Produces goods and services
Provides welfare services
Manages regulatory programs
Government can demonstrate its economic involvement by d. manages regulatory programs.
According to the regulation on consumer services, Sam's Super Healthy Candy must inform consumers about the added sugar in its products. For failing to do this, the government severely fined the company. In this way, the government shows that it is involved in the economy through its regulatory activities.
The government does not show its economic involvement by only maintaining competition, producing goods and services, or providing welfare services.
Thus, the government demonstrates its economic involvement by regulating the activities of commercial entities.
Learn more: https://brainly.com/question/19663917
he balance sheet for Crutcher Corporation reported 220,000 shares outstanding, 320,000 shares authorized, and 22,000 shares in treasury stock. Compute the maximum number of new shares that Crutcher could issue.
Based on the information given the maximum number of new shares that Crutcher could issue is 78,000 shares.
First step is to calculate Issued share using this formula
Issues shares=Outstanding shares + Treasury stock shares
Let p[lug in the formula
Total authorized shares=220,000+22,000
Total authorized shares=242,000 shares
Second step is to calculate the maximum number of new shares using this formula
Maximum number of new shares =Authorized shares- Issued shares
Let plug in the formula
Maximum number of new shares=320,000-242,000
Maximum number of new shares =78,000 shares
Inconclusion the maximum number of new shares that Crutcher could issue is 78,000 shares.
Learn more here:https://brainly.com/question/18761121
A system that collects and stores the company's key data and produces the information needed by managers for analysis, control, and decision making is called a(n):
A system that collects and stores the company's key data and produces the information needed by managers is called information system.
Information system is a system that help to store, record and process large amount of information so as to made available useful information when needed by users.
Information system is important as it help to produce data when needed during decision making process as companies or organizations can easily extract the store information so as to make better decision.
Most companies make use of information system to plan and to improve the day to day running of their business operation.
Inconclusion a system that collects and stores the company's key data and produces the information needed by managers is called information system.
Learn more about information system here:https://brainly.com/question/14688347
At high price levels, demand tends to be ________ and the price effect is ________, relative to the output effect.
Why was the system of checks and balances included in the Constitution?
a to keep the President of the United States from vetoing legislation
b to slow down the process of government so it doesn't move too fast
c to prevent one branch of the government from becoming too powerful
Answer:
C to prevent one branch of the government from becoming too powerful
Lopez Company is considering replacing one of its old manufacturing machines. The old machine has a book value of $47,000 and a remaining useful life of five years. It can be sold now for $57,000. Variable manufacturing costs are $47,000 per year for this old machine. Information on two alternative replacement machines follows. The expected useful life of each replacement machine is five years.
Machine A Machine B
Purchase price$ 118,000$ 131,000
Variable manufacturing costs per year21,000 14,000
(a) Compute the income increase or decrease from replacing the old machine with Machine A.
(b) Compute the income increase or decrease from replacing the old machine with Machine B.
(c) Should Lopez keep or replace its old machine
a) The income increase from replacing the old machine with Machine A is $21,800 ($56,400 - $44,600 + $10,000).
b) The income increase from replacing the old machine with Machine B is $26,200 ($56,400 - $40,200 + $10,000).
c) The Lopez Company should replace its old machine, preferably with Machine B.
Data and Calculations:
Current selling price =$57,000
Gain from the sale of old machine = $10,000 ($57,000 - $47,000)
Old Machine Machine A Machine B
Book value $47,000
Purchase price $118,000 $131,000
Variable manufacturing costs 47,000 21,000 14,000
Estimated remaining useful life 5 years 5 years 5 years
Fixed costs per year $9,400 $23,600 $26,200
Total costs (variable + fixed) $56,400 $44,600 $40,200
Comparative income increase $0 $11,800 $16,200
Total income increase $0 $21,800 $26,200 ($16,200 + $10,000)
Thus, it is economically better for Lopez to sell its old machine, replacing it with Machine B, which reduces the total costs per year.
Learn more: https://brainly.com/question/15172069
HOMEWORK HELP
OOH is an acronym for the
published by the U. S. Bureau of Labor Statistics?
A: Occupational Outreach Handbook
B: Outlook/Outreach Handbook
C: Occupational Outlook Handbook
D: Open Occupation Handbook
Answer:
C) Occupational Outlook Handbook
Explanation:
Bramble University sells 3,500 season basketball tickets at $80 each for its 10-game home schedule. Bramble considers revenue to be earned proportionately as each game is played, regardless of how many ticket-holders attend the game. For the journal entries below, use the following account abbreviations: REV
If Bramble earned proportionately as each game is played, the appropriate journal entry are:
Based on the information given if the university sells 3,500 season basketball tickets at $80 each game, the appropriate journal entry to record the transaction is:
Bramble University journal entry
Debit Cash $280,000
Credit Unearned ticket revenue $280,000
(3,500 x $80 =$280,000)
(To record sales of ticket)
Debit Unearned ticket revenue $28,000
Credit Ticket revenue $28,000
(3,500 x $80)/10=$28,000)
(To record revenue recognized)
Learn more here:https://brainly.com/question/16963939
Many characteristics of work teams can also be seen in sports teams. Although sports teams—especially professional sports teams—often differ from work teams in important ways, they can be helpful for illustrating the key features that contribute to a team’s success.
Patrick works for a large technology company that sponsors an intramural soccer league. Patrick has been on a soccer team with the other software engineers for his product for several years, and they are very good. Team members rarely miss practices and never miss games, they know each other’s strengths and weaknesses on the field, and they play together so well that they have won the company championship 2 years in a row. When the team was first formed, however, the players did not seem very committed, team cohesion was not very good, and the team took a very long time to decide on which plays and strategies to use. After making a change midway through the first season that led to increased cohesion, team performance improved dramatically.
1. What stage of development is Patrick’s soccer team in currently?
a. Preforming
b. Storming
c. Forming
d. Norming
2. If a team leader wanted to help a team such as Patrick’s get through the performing stage of team development, he or she should take which of the following actions?
CHECK ALL THAT APPLY
- Encourage constructive conflict between members of the team.
- Coordinate team roles and activities.
- Help the team make effective decisions.
- Help the team establish clear rules for team member behaviors.
Answer:
1. Preforming
2. A and C
Answer:
1. What stage of development is Patrick’s soccer team in currently?
a. preforming
2. If a team leader wanted to help a team such as Patrick’s get through the performing stage of team development, he or she should take which of the following actions?
✔ Encourage constructive conflict between members of the team.
✘ Coordinate team roles and activities.
✔ Help the team make effective decisions.
✘ Help the team establish clear rules for team member behaviors.
Fire Chief McGuire could see the problem from a mile away. Flames were leaping out of the old barn, blown by a west wind. Arriving at the scene, he noticed a young firefighter heading toward the back of the building. The fire chief yelled, “Stop!” but the rookie kept going. McGuire knew that the kid was putting his life in danger by going out of sight. There was no time to waste.
The __________________________ conflict-handling technique is most appropriate in this situation.
a. compromising
b. collaborating
c. dominating
d. accommodating
e. avoiding
Answer:
c. dominating
Explanation:
The dominating conflict-handling technique is most appropriate in this situation.
A stock is currently selling for $80 per share. You could purchase a call with a strike price of $76 for $9. You could purchase a put with a strike price of $76 for $3. Calculate the intrinsic value of the call option.
Answer:
76
Explanation:
ther cell is god
Fiat money is generally issued by A. central banks. B. private banks. C. major multinational corporations. D. brokerage firms.
Fiat money is generally issued by central banks. The answer to this question is option A.
Fiat money can be described as the currency that is issued by the government of a country. The Fiat is not a currency that is backed by gold.
The central bank of the country is the body that is responsible for this currency.
The fiat is important to the economy because it gives the federal government of the nation a better control over what is printed in the economy as money.
Paper money such as the US dollar is an example of a fiat currency.
Read more on Fiat money:
https://brainly.com/question/718436
Each of the following solutions were developed to lessen an asymmetric information problem. Sort each solution into the problem it aimed to address.
a. a health screening to determine acceptance into a health insurance plan.
b. a telematic device in a prospective car insurance customer's vehicle that tracks driving behavior.
c. a video monitoring system in your home while your babysitter is there.
d. a company requirement that the chief executive officer hold at least five times their annual salary in company stock.
1. Adverse selection
2. Principal-agent
The following are solutions to adverse selection:
a. a health screening to determine acceptance into a health insurance plan.
b. a telematic device in a prospective car insurance customer's vehicle that tracks driving behavior.
The following are solutions to principal-agent problem:
c. a video monitoring system in your home while your babysitter is there.
d. a company requirement that the chief executive officer hold at least five times their annual salary in company stock.
Asymmetric information is when one of the parties in a transaction has more information than the other parties in the transaction.
Adverse selection is an effect of asymmetric information. This is when the party with more information takes steps to their advantage to the detriment of other parties. The principal-agent problem occurs when the interests of a public company's managers and shareholders are not aligned.
To learn more, please check: https://brainly.com/question/15901236
Select the BEST answer choice.
The U.S government is involved in the country's economic well-being. For example, the government produces and purchases goods and services. Which of the following is a real example of the government producing or purchasing goods and services to affect the economy?
A - A state government setting a sin tax on unhealthy, sugary cereal.
B - The Federal Trade Commission setting policy on advertising to children.
C - A lottery whose proceeds benefit the elderly.
D - A monopoly being broken up into smaller companies.
Answer:
Hi How may I help?
Explanation:
Mr. and Mrs. Alvarez paid $130,000 for their home 30 years ago. They recently sold this home and moved into a rented apartment. Describe the tax consequences of the sale assuming that the amount realized was: $125,000 $450,000 $850,000
The tax consequences faced by Mr. and Mrs Alvarez for the sale of their home are as follows:
a. They have a realized loss of $5,000 for situation A.
b. They have a realized gain of $320,000 for situation B.
c. They have a realized gain of $720,000 for situation C.
Data and Calculations:
Cost of the home 30 years ago =$130,000
a. Realized capital loss = $5,000 ($130,000 - $125,000)
b. Realized capital gain =$320,000 ($450,000 - $130,000)
c. Realized capital gain = $720,000 ($850,000 - $130,000)
Thus, Mr. and Mrs. Alvarez can also claim the full $500,000 exemptions to reduce their capital gain tax burdens in the three situations since they inhabited the home for more than two years. However, their exemptions are limited to the net gain.
Learn more: https://brainly.com/question/17005177
The issue of the enforceability of covenants not to compete is typically a matter of state common law (so enforceability varies state-by-state based on case-by-case court decisions). In general, for a covenant not to compete to be enforceable, the restraints (time restrictions, territory restrictions, scope of activity restrictions) must protect a legitimate business purpose, must not impose an undue burden on the employee, and must be otherwise reasonable.
Required:
Do you believe that the restraints in this covenant not to compete ("Restrictive Covenant") should be enforceable? Why or why not? Explain
Answer:
The issue of the enforceability of covenants not to compete is typically a matter of state common law (so enforceability varies state-by-state based on case-by-case court decisions). In general, for a covenant not to compete to be enforceable, the restraints (time restrictions, territory restrictions, scope of activity restrictions) must ...
Do you believe that the restraints in this covenant not to compete ("Restrictive Covenant") should be enforceable? Why or why not? Explain
Explanation:
In a year in which common stocks offered an average return of 12% and Treasury bills offered 3%. The risk premium for common stocks was:
Considering the information given, the Risk premium on stock is 9%.
Given Information
Expected return on market = 12%
Risk free rate = 3%
The formula for Risk premium on stock is {Expected return on market - Risk free rate}Risk premium on stock = 12% - 3%
Risk premium on stock = 9%
Hence, the Risk premium on stock is 9%.
Read more about Risk premium
brainly.com/question/10934534
membe is trying to get his financial records organized. He has several monthly credit card statements. Where is the MOST logical place for Namembe to store these records?
A. a paid storage facility
B. a home file
C. a computer file
D. a safe deposit box
The most logical place to store financial records is a computer file.
Each provided solution is useful to store one's records and personal data but there are merits and demerits to them.
Such as, a home file is a place to store data and it is easily accessible. However, it would be difficult to organize data at a home file and would also be time-consuming. Moreover, only limited data can be kept stored, as over time more space would be required so old data would be discarded.
In the case of a safe deposit box, which is also a secure place to store, the main issue is that it would be costly in comparison to the other options.
The computer file is easy to maintain and financial records can be kept well organized without the need to delete old data, as it hardly consumes any storage. And it would be less costly in comparison to the safe deposit box.
Learn more on: https://brainly.com/question/11505007
Answer:
B. a home file
Explanation:
I took the quiz and this was the correct answer.