If rodgers company has cash balance per books, 5/31$3,443 deposits in transit279 notes receivable and interest collected by bank771 bank charge for check printing29 outstanding checks1,219 nsf check190 , The adjusted cash balance per books on may 31 is: a.$3,995.
Adjusted cash balanceWe would be making use of this formula to find the adjusted cash balance
Adjusted cash balance per books = Cash balance as per books + Interest received from the bank − Bank service charge − NSF
Where:
Cash balance as per books = $ 3443
Interest received from the bank = $ 771
Bank service charge = $ 29
NSF = $190
Let plug in the formula
Adjusted cash balance per books = $3,443 + $771 − $29 − $190
Adjusted cash balance per books = $3,995
Therefore we can conclude that the correct option is A.
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en performing a multiproduct cvp analysis, the weighted-average contribution margin per unit is computed using the mix, and the mix is used to compute the weighted-average contribution margin ratio. (enter only one word per blank.)
Assumes that the percentage of each product sold is constant; is used instead of the single product contribution margin in multi-product breakeven analysis; is based on the relative percentage of each unit sold.
A business's contribution margin – also called the gross periphery – is the plutocrat left over from deals after paying all variable charges associated with producing a product. Abating fixed charges, similar to rent, outfit plats, and hires from your donation periphery yields your net income or profit. donation per unit is the selling price per unit minus the variable cost per unit.
" donation" represents the portion of the profit of the deal that isn't consumed by variable costs and so contributes to the content of fixed costs. The contribution periphery is calculated as profit-Variable Costs. The donation periphery rate is calculated as( profit-Variable Costs) profit.
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one bag of coffee beans is sold for $5 to a cafe that uses it to brew coffee which it sells to customers for a total of $20. a second bag of coffee is sold directly to joan for $7, who uses it to brew coffee for her family every morning. what is the contribution to gdp from the purchases of coffee beans and coffee?
The purchase of coffee beans and coffee results in a $27 contribution to the GDP.
What is the GDP?Gross Domestic Product (GDP) is the most inclusive quantitative indicator of a nation's total financial activity. More specifically, GDP is the monetary estimation of all goods and services produced inside a nation's borders during a certain period of time, assuming that all other factors are equal.
Here's how we figure it out:
A coffee shop buys one bag of beans for $5,
which it then sells to customers for a total of = $20
a second bag of beans is then bought directly by Joan for = $7
purchase of coffee beans and coffee results in a contribution to GDP= $20+ $7 = $27.
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the most important things investors want to know are what makes the product more desirable than what's already available and whether or not the product can be patented. in which section of the business plan should investors look to find this information?
The product more attractive than what is presently on the market are the most crucial elements that investors want to know. Should investors check at the marketing plan to find this information.
A marketing plan is a written document that details a company's planned, often one-year, marketing initiatives. It describes the intended advertising, promotion, and marketing initiatives during the investors time frame.
A marketing plan is a practical document that describes the advertising strategy that will be used by a firm to create leads and connect with its target market. The outreach and investors PR programs that will be run over time are described in a marketing plan, along with how the business will evaluate their success.
As a marketing plan is created based on a broad strategic framework, the phrases marketing strategy and marketing plan are sometimes used interchangeably. Sometimes, especially for smaller businesses that might only execute one or two significant campaigns each year, the strategy and the plan may be combined into a single document. Unlike the marketing strategy, which describes the overarching value offer, the plan specifies marketing actions on a monthly, quarterly, or annual basis.
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management has questions. accountants have answers. these answers should come from either internal or external business processes. and come from which firm information system (customer relationship management, enterprise system, supply chain)?
The answers for the management questions are from customer relation ship, enterprise system and supply chain.
1. The company's internal fixed asset value is recorded in the enterprise management system.
2. Zappo is a client, and shoes information comes from an outside source. Customer relationship management software is used to handle customer data.
3. Third-party delivery times are managed through the supply chain and are an external source of information.
4. The enterprise management system is used to handle the salaries of the accounting personnel.
5. An internal source of information maintained by the enterprise management system is the books of accounts.
6. Supply chain management is used to track the delivery times for General Motors as an external source of information.
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The complete question is given in the attachment figure
Which example shows a victim authorizing a scam or fraud?
A. Juan got a call saying he had unpaid parking tickets and they asked for his credit card number. He gave it to them to avoid going to jail.
B. Drew paid for his meal using his credit card. The waiter copied his card and then used the card to purchase things later.
C. Deandre had his identity stolen when he lost his credit card.
D. Samantha used public Wi-Fi to log into her bank account. A couple of days later, there were some mysterious withdrawals from her account.
Answer:
most likely B
Explanation:
because it's fraud
. why is a stable monetary system essential for the smooth operation of a market system? what would an unstable monetary system be like? why isn't a barter economy just as efficient as an economy with money?
A stable monetary system is essential for the smooth operation of a market system because it provides a common unit of measure that can be used to price goods and services.
What is market system?
A market system is a form of capitalism in which a nation's businesses and citizens interact to determine economic policy and the cost of goods and services. Although there may be some central planning or government intervention, this phrase typically denotes a more generally market-oriented economy. Adam Smith, David Ricardo, as well as Jean-Baptiste Say were among the classical economists who developed the theoretical framework for market economies. These traditional liberal proponents of the free market held that, in general, the profit motive as well as market incentives led economic decisions in more productive and efficient directions than did government economic planning. They thought that when governments intervened, it frequently resulted in economic inefficiencies which actually left people in worse financial situations.
An unstable monetary system would make it difficult to compare prices and make informed decisions about what to buy and sell. A barter economy is not as efficient as an economy with money because it is difficult to find someone who has what you want and is willing to trade it for what you have.
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tyson is a trader and borrows money in japanese yen (where the interest rate is 1 percent). he then invests the money in a canadian bank, where the rate is 5 percent. this is an example of a(n) .
The given condition is an example of a carry trade.
What is a Carry Trade?
A carry trade is a type of trading strategy that consists of borrowing at a low-interest rate and investing in an asset that gives a higher rate of return. A carry trade is actually based on borrowing in a low-interest rate currency and transforming the borrowed amount into another currency.
Why are carry trades profitable?The purpose of a carry trade is to pay a less interest rate on the asset that you're borrowing, this refers to that you should profit from a higher interest on the asset that you have purchased. Most traders will enter a better position with the hope that the higher yielding currency will appreciate in value.
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a sales rep is on a phone call with a prospect who likes to control the conversation. the constant interruptions make it hard for the rep to find out the prospect's pain points and to pitch.
The sales rep when dealing with a prospect who likes to control conversations should a) ask the prospect what she hopes to get out of the call to encourage her to re-focus.
For a sales rep, dealing with prospects is the main part of the job that will help them to grab clients. The sales rep has to make sure that the prospects do not get offended and hence have to listen to them even when they like to control conversations.
However, when dealing with people who talk to much, a sales rep should ask politely for the person to know what her interests for the call are. If she is interested in the product, then the sales rep can further focus the call for making a sale and can make a pitch. However, if the prospect just seems to be a person of no interest in the product, then the call can be ended without offending the prospect.
Although a part of your question is missing, you might be referring to this question:
A sales rep is on a phone call with a prospect who likes to control the conversation. the constant interruptions make it hard for the rep to find out the prospect's pain points and to pitch.
a) Ask the prospect what she hopes to get out of the call to encourage her to re-focus
b) Tell the prospect that to work together well, she needs to follow the rep's call structure
c) Incorporate what the prospect says into his talking points when there's an opening
d) Offer to set up an in-person appointment to discuss the sales process in more detail
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executives acquire information about external opportunities and strengths from a variety of reports, including budgets, financial ratios, profit and loss statements, and surveys of employee attitudes and satisfaction.
No, it is false executives do not acquire information about external opportunities and strengths through reports such as budgets, financial ratios or other statement, instead they rely upon environment scanning.
Environment scanning is the process the through which environment organizations monitor their internal as well external environment to locate the presence of opportunities and threats available in external environment. Environment scanning allow the organizations to track the happenings taking place in the outer environment so that it can be able to deal with them with proper planning
Through environment scanning organizations are able to get early warning signals of threats are are about to come in their way and allow them to develop suitable course of action accordingly. These are helpful in shaping the way organization is going to make decisions.
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your coworker, who is a good friend of yours, arrives late. your boss is not there that day, but calls in the afternoon to ask you if your coworker arrived timely. this situation is best described as a:
This situation is best described as Conflict of loyalty.
Conflict of Loyalty:
Conflicts of loyalty usually occurs where, in considering a matter, a member of a decision-making body is influenced by an affiliation with an entity for which the matter is being supposed.
How do you deal with loyalty conflict?An adaptive and healthy way to deal with a loyalty conflict is for the child to adopt a neutral position and avoid picking one parent over the other; a situational way to deal with a loyalty conflict is for the child to align strongly with one parent and shun the other.
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a mortgage company is advertising a 30 year fixed rate mortgage with monthly payments and an apr of 3.0%. what is the effective annual interest rate of this loan?
The effective annual interest rate of this loan is calculated to be 3.04%
The effective annual interest rate can be determined by the following formula;
effective annual interest rate = [( 1 + i/n)^n] - 1
Here i represents the nominal rate and n represents the number of compounding periods and the ratio i/n represents the monthly interest rate
We can calculate the monthly interest rate as follows;
monthly interest rate = 0.03 / 12
monthly interest rate = 0.0025
Now the effective annual interest rate can be calculated as follows;
effective annual interest rate = [( 1 + 0.0025 )^12] - 1
effective annual interest rate = [(1.0025)^12] - 1
effective annual interest rate = 0.0304
Converting it into percentage;
effective annual interest rate = 0.0304 × 100 = 3.04%
Therefore, the effective annual interest rate of this loan is 3.04% if the APR for the loan is 3%
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If a 25% price increase for product a causes a 10% decrease in its quantity demanded, but no change in the quantity demanded for product b, what is the cross-price elasticity of these goods? round your answer to one decimal place.
As the increase in price and quantity of B is not affected, the cross-price elasticity of these goods will be zero 0.
The quantity required of a good changes in response to a change in the good's price, as shown by the price elasticity of demand.
The change in a product's quantity requested as a result of a change in the price of an associated good is known as cross-price elasticity. Finding the ratio between a proportionate change in quantity required and a corresponding change in price yields the cross-price elasticity.
In this case, cross-price elasticity will be %change in quantity Y ÷ %change in price X = 0 ÷ 25 = 0 This states that the two goods have no relationship.
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if jane wants to buy a lava lamp for her living room, she can browse 17 sites. what are the benefits of electronic retailing compared with in-store retailing?
Store Retailing is a fixed of enterprise sports that provides price to the goods and offerings offered to customers for his or her non-public or own circle of relatives use. A store is an enterprise that sells merchandise and/or offerings to customers for non-public or own circle of relatives use.
The mixture of things shops uses to meet purchaser wishes and have an effect on their buy choices is referred to as the firm's: retail mix. electronic retailing.
Business sports discuss with the sports carried out via way of means of agencies to make an income and make sure enterprise continuity. Examples include production, sales, buy of property, plant, and equipment, acquisition of different companies, buying marketable securities, and acquiring loans from monetary institutions. A purchaser marketplace is a marketplace whilst people buy services or products for his or her personal non-public use, in place of shopping for it to promote themselves.
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contract requirements state that a project must be completed within 180 working days, or it will incur penalties for late completion. analysis of the activity network reveals an estimated project time of 145 working days with a project variance of 400. what is the probability that the project will be completed before the late-payment deadline? group of answer choices 0.4599 0.8056 0.9599 0.0401 near 1.0000, or almost certain
It is 0.9599 or 0.95 percent likely that the project will be finished before the deadline for late payments.
Any activity that is meticulously planned to accomplish a specific goal, whether it is done alone or in a group, and may include research or design, is referred to as a project. A different perspective sees a project as a series of activities that must be completed in a specific order and under specific financial and other constraints.
A project may be a transient (rather than permanent) social structure (work system), staffed perhaps by teams (inside or across organisations), to carry out specific tasks under time limitations. A project could be a component of a larger programme management effort or work independently.
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you are in the process of designing a research plan to investigate if ad a resulted in higher sales compared to ad b. what research design are you likely to choose based on this objective?
You are investigating if Ada CAUSES higher sales or ADb CAUSES higher research. So it is causal research.
Explanatory research, also known as causal research, examines if there is a cause-and-effect link between two disparate events. Researchers create experiments to get statistical proof of the relationship between the circumstances since numerous alternative factors might affect cause and effect. The data is then generally examined to ascertain the reasons behind the relationship's emergence, to understand more about how it functions, and to ascertain whether it may be applicable in a wider context. In order to see if the first situation's conditions have any new repercussions on the second, they can also change them.
It's crucial to gather information to determine whether specific circumstances are true in order to effectively establish a cause-and-effect relationship.
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what is the bond quote for a $1,000 face value bond with an 8% coupon rate (paid semiannually) and a required rate of return of 7.5%, if the bond is 6.48574, 8.47148, 10.519, and 14.87875 years from maturity?
The bond quote for $1000 face value will be for 6.48574 is 102.53%, for 8.47148 is 103.09%, for 10.519 is 103.59%, and for the 14.87875 is 104.44%.
What is bond quote?
A bond quote is the most recent price at which a bond traded, converted to a point scale and expressed in terms of par value. Par value is typically set at 100, or 100% of a bond's $1,000 face value. If a corporate bond has been quoted at 99, for instance, it is currently trading at 99% of its face value. In this instance, each bond costs $990 to purchase. Bond price quotes are expressed as a percentage of a par value, which is then converted to a number and multiplied by 10 to get the price per bond.
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adriana gomez is a newly hired production manager for abc corporation which manufactures wind turbines. as a new manager, abc corp sends adriana to training to familiarize herself with laws that might impact her work. what laws would most likely impact a production manager?
Tort law, environmental law, contracts most likely impact a production manager.
Theatrical production management is a sub-department of stagecraft. The production control group is responsible for realizing the visions of the manufacturer and the director or choreographer inside constraints of technical possibility.
A production manager is a professional who oversees the manufacturing method and coordinates all sports to ensure sufficient sources on hand. they can plan people' schedules, estimate prices and prepare budgets to make sure workflow meets required cut-off dates.
Production managers are responsible for the technical management, supervision and control of industrial production approaches. Shift and 'on-call' paintings can be required, specially where production/manufacturing device is in persistent 24-hour operation.
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What is the effect on the financial statements of writing off an uncollectible account under the direct write-off method?.
A small firm can quickly debit the bad debt expense account and credit accounts receivable under the direct write-off technique when it deems an invoice uncollectible is the effect on the financial statements of writing off an uncollectible account under the direct write-off method.
Because the corporation does not anticipate receiving payment, when debts are written off, they are eliminated as assets from the balance sheet. When a bad debt is wiped off, however, part of its value is still considered an asset. As a result, both the income that was recorded and the unpaid debt owed to the company is removed from the records.
The write-off reduces assets (accounts receivable) and raises assets (allowance for doubtful accounts), but there is no net change in total assets, total liabilities, or shareholders' equity as a result of the write-off. The statement of cash flows is unaffected by a write-off.
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HELP ASAP PLEASE! 20 POINTS!!
Jessica owns a small trading company. The company buys small vending machines from a manufacturer and sells them to the a retailer, thus making a profit. Why are these vending machines a part of the trading firm’s current assets?
A.
the vending machines market value is lower than their original cost
B.
the vending machines are a part of the company’s income
C.
the vending machines are a part of the company’s expenses
D.
the vending machines are to be sold and converted into cash within the normal period of operation
E.
the vending machines could be sold at a loss
Answer:is the letters B
Explanation:
Answer: B
Explanation:
insurance textbooks traditionally define risk as a. the probability of a loss occurring. b. any situation in which the probability of loss is zero. c. any situation in which the probability of loss is one. d. uncertainty concerning the occurrence of loss.
Insurance textbooks traditionally define risk as uncertainty concerning occurrence of loss.
What is insurance?
In order to protect oneself from financial loss, one party will guarantee another party compensation in case of a specific loss, damage, or injury in return for a fee. It is a method of risk management that is primarily employed to protect against the risk of a potential loss. An organisation that offers insurance is referred to as an underwriter, insurer, insurance company, or carrier. A person or entity that purchases insurance is referred to as a policyholder, and someone or something that is protected by the policy is referred to as an insured. Although the terms policyholder and insured are frequently used interchangeably, they are not always synonymous because additional insureds who did not purchase the insurance may occasionally be covered.
Therefore, the correct option is (D) uncertainty concerning the occurrence of loss.
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according to the basic model of pure competition, in the long run all firms in a purely competitive industry will earn normal profits. if all firms earn only a normal profit in the long run, why would any firms bother to develop new products or lower-cost production methods?
The firms do so to be creative, possibly make a quick monetary profit, to become better from their competitors and standout in the market.
What does pure competition mean in the long run?Businesses can easily enter or exit a market that is only competitive in the long run. The ability of businesses and resources to quickly adapt in response to market demands is another tenet of pure competition.
What happens in a market with only competition over time?Businesses in a perfectly competitive market can only make or lose money in the short term. Because an infinite number of businesses produce uniform, infinitely divisible products, profits and losses are eventually eliminated.
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assume time, cost and quality are the three most common factors involved in trade-offs. define what is meant by each and how the impact of each may impact the other two factors? what determines which factor is most important to project success?
The most frequent trade-offs involve three variables: time, cost, and quality. Time is referred to in scheduling processes, which are used in project management.
There are various indicators that can help us determine which aspect is most crucial to a project's success, and they are as follows:
For this organisation, a mission statement and a vision should be developed. Additionally, the organisation should have a strategic aim that identifies the key elements for project success.Communication requirements in the business sector, as well as a plan that might indicate which component is most crucial to project success,The criteria should be listed in detail so that, using analytics, we can determine which one is most crucial to success.We can identify which component is most crucial to project performance with the help of effective risk management and assessment techniques that could take extra business risks into account.
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a parent buys 32 percent of a subsidiary in one year and then buys an additional 40 percent in the next year. in a step acquisition of this type, the original 32 percent acquisition should be
The acquisition type is adjusted to market value on the subsequent inception of the contract, with a gain or loss recorded.
Acquisition accounting is a set of formal guidelines that govern how a buyer must record a purchased company's assets, liabilities, non-controlling interest (NCI), and goodwill on its consolidated statement of financial condition.
On the buyer's balance sheet, the fair market value of the purchased company is distributed between the buyer's net tangible and intangible assets. Any resulting change is seen as goodwill. Acquisition accounting is also known as business combination accounting.
According to International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS), all business combinations must be treated as acquisitions for accounting purposes, which means that one company must be identified as an acquirer and one company must be identified as an acquirer even if the transaction creates a new company.
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are the costs of activities undertaken to support individual products or services regardless of the number of units or batches in which the units are produced
No matter how many units or batches of a product are produced, product-sustaining costs are the expenses incurred to support a single product or service.
The operational costs a business bears in order to make money are referred to as expenses. Simply put, it is the amount of money necessary to acquire anything. According to a proverb, "making money costs money."
Paying suppliers, paying employees, leasing facilities, and depreciating equipment are examples of frequent costs. To reduce their taxable income and therefore their tax liability, businesses are permitted to deduct tax-deductible expenses on their income tax returns; however, the Internal Revenue Service (IRS) sets tight guidelines on which expenses firms are permitted to claim as a deduction.
The operational costs a business bears in order to make money are referred to as expenses.
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porter’s competitive strategies outline four different generic corporate strategies. this activity is important because knowledge of these strategies can help an organization to outperform its competitors and create a sustainable competitive advantage. the goal of this activity is to test your knowledge of porter’s four competitive strategies. each item is either a description of porter’s four different types of competitive strategies (including their goals and the size of their target markets) or an example of a company employing one of porter's strategies. for each item, select the competitive strategy it best represents.
Porter’s competitive strategies that are appropriate responses respectively
1) Differentiation 2) Focused-differentiation
3) Cost-leadership 4) Cost
What is porter’s competitive strategies ?Using the constraints of its preferred market scope, a company attempts to gain a competitive edge according to Porter's generic tactics. There are three types of generic strategies: focused , differentiating, or lower cost.
One of two strategies for gaining a competitive edge is available to businesses: either decreasing costs in comparison to its rivals or differentiating along consumer dimensions in order to charge a higher price.
Additionally, a business chooses between two possibilities for its scope: focused (supplying its products to certain market segments) or industry-wide.
The decisions made in light of the kind and extent of competitive advantage are represented by the generic strategy. The concept was first presented by Michael Porter in 1980.
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when conducting selection interviews, philip likes to ask questions like "tell me what you know about the company" and "tell me what you like most about your current job." phillip is asking questions. open-ended closed-ended hypothetical unstructured
By asking them "tell me what you know about the company" and "tell me what you like most about your current job." Philip is asking them open -ended questions in selection interviews.
Open-ended questions are the questions in which respondent is free to answer whatever they want there is no specific answer to those questions.
Open-ended questionnaire survey are unorganized and give participants the opportunity to express their complete awareness, feelings, and comprehension in an open platform. This questionnaire does not only include a few possible solutions.
An open-ended change allowed you to dive deep into the respondent's explanations and garner crucial information regarding the subject, as compared to a closed-ended question, that also restricts and reduces completed questionnaires to the provided options. Such questions can be employed to elicit detailed and demonstrative details about a subject.
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hang ten surfing supplies have annual sales of $25 million, of which 3% goes to net margin. their balance sheet indicates that they carry $7.5 million in debt, on which they pay interest of 10%. they pay corporate taxes of 40%. what is their ebit?
Their EBIT calculated will be $ 2,000,000
Earnings before interest and taxes (EBIT):EBIT is a basic measure of a company operating profitability. As the name suggests, EBIT is net income excluding the effect of debt interest and taxes. Both of these costs are real cash expenses, but they are not directly operated by the company core business operations.
Calculating the problem:
EBIT is computed as:= [ (Sales x Net margin) / (1 - tax rate) ] + Amount of debt x interest rate)
= [ ($ 25,000,000 x 3%) / (1 - 0.40) ] + $ 7,500,000 x 10%
= [ $ 750,000 / 0.60 ] + $ 750,000
= $ 1,250,000 + $ 750,000
= $ 2,000,000
How EBIT is calculated?EBIT is measured by subtracting a company cost of goods sold (COGS) and its operating expenses from its revenue.
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the misery index: a. measures the difference between real interest rates and nominal interest rates. b. is the sum of the unemployment rate and inflation rate. c. equals the unemployment rate among unskilled workers in an economy. d. is calculated as the sum of the inflation rate and labor force participation rate.
The misery index is the sum of the unemployment rate and inflation rate.
The misery index is meant in order to measure the degree of economic distress which is felt by everyday people, due to the risk of unemployment which is thus combined with an increasing cost of living. so, the misery index is calculated by adding the seasonally adjusted unemployment rate to the inflation rate.
It is said that the first misery index was created by Arthur Okun and so this was equal to the sum of inflation rate as well as the unemployment rate figures which provided a snapshot of the U.S. economy.
Hence, option B is correct.
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a country's real gdp in 2014 is $400,000 and increases by 2% in 2015. the population is 1,000 in 2014 and increases to 1,200 in 2015. the country's real gdp per capita in 2015 is $ .
The country's real GDP per capita in 2015 given its real GDP in 2014, percentage increase and the change in population is $340.
What is the country's real GDP per capita?Real GDP per capita is the ratio of a country's GDP to its population. Real GDP per capita gives an indication of the standard of living of a country's population. The higher real GDP per capita, the higher the standard of living. The real GDP per capita indicates how much of the real GDP each person in a country gets.
Real GDP is the gross domestic product of a country adjusted for inflation. Gross domestic product is the sum of all the goods and services that a country produces in a given year.
GDP per capita = real GDP / population
Real GDP in 2015 =(1 + percentage increase) x real GDP in 2014
(1.02) x $400,000 = $408,000
GDP per capita = $408,000 / 1,200 = $340
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at a sales level of 33,000 units, pony corporation has sales of $660,000, a variable cost ratio of 80%, and a profit of $25,000. what is the break-even point in units?
At a sales level of 33,000 units, pony corporation has sales of $660,000, a variable cost ratio of 80%, and a profit of $25,000. what is the break-even point in units 26750.
Variable cost =80% of 660000
=$528000
Contribution margin =660000 - 528000
=$132000
Net income = contribution margin - fixed cost
Fixed cost =132000 - 25000
=$107000
Variable cost =528000 /33000 =16
Selling price =660000/33000 =20
Contribution margin = 20-16 =$4
Breakeven point in units =fixed cost /contribution margin
=107000/4
=26750
To discover your sales volume, you want to multiply the quantity of gadgets you promote in keeping with month with the aid of using the vital period — a year, for example. If you promote three hundred mild bulbs a month, your income extent could be 3, six hundred. This method which you promote 3, six hundred bulbs a year.
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