A market has 10 sellers. The fifth and seventh in size merge, becoming the largest seller in the market. How can this merger support competition in the market?

Answers

Answer 1

Answer: b. If the newly merged seller becomes more efficient and offers lower prices

Explanation:

Competition in the market is spurred by efficiency. The more efficient a company is at producing, the more competitive it is because it will be able to offer lower prices than its competitors.

If the newly created firm starts offering lower prices due to it being more efficient, the effect would be that the other companies would be forced to become efficient so as to lower their prices as well thereby increasing competition in the market.


Related Questions

"What is the allowable MACRS depreciation on Evergreen’s property in the current year if Evergreen does not elect out of bonus depreciation?"

Answers

Answer:

the list of assets is missing, so I looked for a similar question and found the following:

MACRS depreciation for machinery is 10 years, and the depreciation % for the first year using the half year convention is 10% ⇒ depreciation expense = $70,000 x 10% = $7,000

MACRS depreciation for computer equipment is 5 years, and the depreciation % for the first year using the half year convention is 20% ⇒ depreciation expense = $10,000 x 20% = $2,000

MACRS depreciation for the delivery truck is 5 years, and the depreciation % for the first year using the half year convention is 20% ⇒ depreciation expense = $23,000 x 20% = $4,600

MACRS depreciation for furniture is 7 years, and you can use the mid-quarter convention since furniture represents more than 40% of total assets placed in to service. The depreciation % for the first year, second quarter  using the mid-quarter convention is 17.85% (the half year convention depreciation rate is 14.29%) ⇒ depreciation expense = $150,000 x 17.85% = $26,775

total depreciation expense = $40,375

Canadians companies are free to charge whatever prices they wish. True or false

Answers

Answer:true

Explanation:

Fact Pattern: Dori Castings, a job-order shop, uses a full-absorption, standard-cost system to account for its production costs. The O/H costs are applied on a direct-labor-hour basis.
The amount of fixed factory O/H that Dori will apply to finished production is the:_______.
A. Standard allowed direct labor hours for the actual units of finished output times the standard fixed factory O/H rate per direct labor hour.
B. Actual fixed factory O/H cost per direct labor hour times the standard allowed direct labor hours.
C. Actual direct labor hours times the standard fixed factory O/H rate per direct labor hour.
D. Standard units of output for the actual direct labor hours worked times the standard fixed factory O/H rate per unit of output.

Answers

Answer:

A)Standard allowed direct labor hours for the actual units of finished output times the standard fixed factory O/H rate per direct labor hour.

Explanation:

Production cost are all cost that producer used to produce his/her goods, it could be labor cost , and other expenses.bit can be calculated by dividing the total unit produced by the cost . Or the summation of all cost such direct labor, overhead cost.

Hence, The amount of fixed factory O/H that Dori will apply to finished production is the: ""Standard allowed direct labor hours for the actual units of finished output times the standard fixed factory O/H rate per direct labor hour."" Which is option A

The adjusted trial balance of Dawson Company contained the following information. Assume the tax rate is 33%:
Debit Credit
Sales revenue $425,000
Sales returns and allowances $ 20,000
Sales discounts 5,000
Cost of goods sold 300,000
Operating expenses 61,000
Interest revenue 2,000
Interest expense 1,000
Compute the gross profit. rate(%)

Answers

Answer:

29.41%

Explanation:

Particulars                           Amount

Sales Revenue                    $425,000

Less: Cost of goods sold    $300,000

Gross profit                          $125,000

Gross Profit rate(%) also known as gross profit margin percentage is calculated by (Revenue - Cost of goods sold)/Revenue

Gross profit margin percentage = $425,000 - $300,000 / $425,000

Gross profit margin percentage = $125,000 / $425,000

Gross profit margin percentage = 0.29412

Gross profit margin percentage = 29.41%

Andreasen Corporation manufactures thermostats for office buildings. The following is the cost of each unit:
Materials $ 36.00
Labor 14.00
Variable overhead 4.00
Fixed overhead ($1,800,000 per year; 100,000 units per year) 18.00
Total $ 72.00
Simpson Company has approached Andreasen with an offer to buy 7,500 thermostats at a price of $60 each. The regular price is $100. Andreasen has the capacity to produce the 7,500 additional units without affecting its current production of 100,000 units. Simpson requires that each unit use its branding, which requires a more expensive label, resulting in an additional $2 per unit material cost. The labor cost of affixing the label will be the same as for the current models. The Simpson order will also require a one-time rental of packaging equipment for $20,000.
Required:
a. Prepare a schedule to show the impact of filling the Simpson order on Andreasen’s profits for the year. (Enter your answers in thousands (i.e., 5,400,000 should be entered as 5,400). Select option "higher" or "lower", keeping Status Quo as the base. Select "none" if there is no effect.)
Status quo 100,000 units Alternative 107,500 units Difference Higher or lower

Sales Revenue ? ? ? ?
Less: variable cost ? ? ? ?
Materials ? ? ? ?
Labor ? ? ? ?
Variable Overhead ? ? ? ?
Total variable cost ? ? ? ?
Contribution margin ? ? ? ?
Less; fixed costs ? ? ? ?
Operating profit or loss ? ? ? ?
b. Do you agree with the decision to accept the special order. Yes or no?
c. Considering only profit, determine the minimum quantity of thermostats in the special order that would make it profitable, assuming capacity is available.... Quanitity of Themostats #___?____ units

Answers

Answer:

Andreasen Corporation

Special Order by Simpson Company:

a.                                Status quo        Alternative        

                              100,000 units   107,500 units      Total        Difference

                                ($'000)            ($'000)           ($'000)        ($'000)

Sales Revenue      $10,000              $450           $10,450      $450 Higher

Total Variable cost   5,400                420               5,820        420 Higher

Contribution           $4,600                $30             $4,630          30 Higher

Fixed costs                1,800                  20                1,820          20 Higher

Operating profit     $2,800                $10              $2,810           10 Higher

b. No.

d. Contribution per unit = $4 ($30,000/7,500)

Fixed cost = $20,000

Fixed cost Plus Profit = $30,000

Minimum quantity to make it profitable = $30,000/$4 = 7,500 thermostats

However, this profit level is far below the normal production profit of 28% on sales revenue.

Explanation:

a) Data and Calculations:

Materials $ 36.00

Labor 14.00

Variable overhead 4.00

Total variable cost = $54

Fixed overhead ($1,800,000 per year; 100,000 units per year) 18.00

Total $ 72.00

Selling price = $100

Special order = 7,500 thermostats

Price of special order = $60

Relevant costs of special order:

Materials               $ 36.00

Labor                         14.00

Variable overhead     4.00

Additional material = $2

Unit variable cost = $56

Total variable cost =   $420,000

Packaging equipment    20,000

Total relevant cost =  $440,000

Sales Revenue =       $450,000

Profit from special order = $10,000

A company purchased new furniture at a cost of $26,000 on September 30. The furniture is estimated to have a useful life of 5 years and a salvage value of $3,200. The company uses the straight-line method of depreciation. How much depreciation expense will be recorded for the furniture for the first year ended December 31

Answers

Answer: Depreciation for 3 months  = $1140.

Explanation:

In straight line method, Depreciation for full year  = (Cost – Salvage value) ÷ useful life

Depreciation for full year = ($26,000 -$3,200 ) ÷ 5

= $(22800÷ 5)

= $ 4,560

Furniture was purchased on September 30, so depreciation will be calculated from October to December(3 months)

Depreciation for 3 months  = Yearly depreciation x ([tex]\dfrac3{12}[/tex])

= $4,560 x (0.25)

= $1140.

Hence, Depreciation for 3 months  = $1140.

According to Joseph​ Schumpeter, what does economic progress depend​ on? A. technological change in the form of new products B. ​competition, especially price competition C. the initial endowment of economic​ resources, such as the amount of labor and capital available D. government protection of competition

Answers

Answer:

A. technological change in the form of new products

Explanation:

Joseph Schumpeter gave his economist theory of creative destruction which was a change-oriented and innovative based approach to enterprise ship was the central point of his work was capitalism. In areas of economic, industrial policy, and management studies.

According to JosephSchumpeter, the economy depends on technological change in the form of new products. Thus, the correct option is (A).

Schumpeterian growth is defined as economic growth that is driven by innovation and guided by the creative destruction process.

Formal economic models that operationalize Schumpeter's concept of creative destruction have been developed.

Joseph Schumpeter emphasizes the importance of the entrepreneur in bringing about change and adding innovative activities to an economy.

Furthermore, Schumpeter sees capitalism as a growing system, with his entrepreneur contributing to it.

Therefore, the correct option is "A".

To know more about Joseph​ Schumpeter, visit:

https://brainly.com/question/31963188

#SPJ6

Your parts supplier gives you one-quarter of a year to pay for parts ordered today, or offers you a discount if you pay cash at purchase. You have just purchased $94,500 worth of parts from your supplier and the discount is at an annual rate of 10%. How much will you pay for the parts if you pay today

Answers

Answer: $92,275

Explanation:

The amount you will pay today is the present value of the purchase price given a 10% discount for a quarter of a year.

= 94,500/ (1 + 10%) ^ 1/4 year

= 92,274.91147

= $92,275

The operations of Winston Corporation are divided into the Blink Division and the Blur Division. Projections for the next year are as follows:

Blink Division Blur Division Total
Sales $280,000 $168,000 $448,000
Variable costs 98,000 77,000 175,000
Contribution margin $182,000 $91,000 $273,000
Direct fixed costs 84,000 70,000 154,000
Segment margin $98,000 $21,000 $119,000
Allocated common costs 42,000 31,500 73,500
Operating income (loss) $56,000 ($10,500) $45,500

Operating income for Winston Corporation as a whole if the Blur Division were dropped would be:

a. $66,500.
b. $56,000.
c. $45,500.
d, $24,500.

Answers

Answer:

d, $24,500

Explanation:

Computation for the Operating income for Winston Corporation as a whole if the Blur Division were dropped

Operating income (loss) for Blink Division $56,000

Less Allocated common costs Blur Division (31,500)

Operating income for Winston Corporation $24,500

Therefore the Operating income for Winston Corporation as a whole if the Blur Division were dropped would be $24,500

Which costs are variable costs?
A. Rent
B. Machinery
C. Raw material
D. Marketing
E. Monthly salary

Answers

Answer:

its b

Explanation:

 

Answer:

B. Machinery

Explanation:

Fortuna Company issued 70,000 shares of $1 par stock, with a fair value of $5 per share, for 80% of the outstanding shares of Acappella Company. The firms had the following separate balance sheets prior to the acquisition:
Assets Fortuna Acappella
Current assets $2,100,000 $ 960,000
Property, plant, and equipment (net) 4,600,000 1,300,000
Goodwill -- 240,000
Total assets $6,700,000 $2,500,000
Liabilities and Stockholders' Equity
Liabilities $3,000,000 $ 800,000
Common stock ($1 par) 800,000
Common stock ($5 par) 200,000
Paid-in capital in excess of par 2,200,000 300,000
Retained earnings 700,000 1,200,000
Total liabilities and equity $6,700,000 $2,500,000
Book values equal fair values for the assets and liabilities of Acappella Company, except for the property, plant, and equipment, which has a fair value of $1,400,000. Compute goodwill or gain recognized in the consolidated statements .
Book values equal fair values for the assets and liabilities of Acappella Company, except for the property, plant, and equipment, which have a fair value of $1,600,000.Required:
a. What is the Goodwill/Gain associated with the acquisition:
b. What is the Non-Controlling Interest recorded in the consolidated balance sheet
c. What is the balance of the assets and liabilities side of the consolidated balance sheet after the acquisition:
d.Record the two elimination entries associated with the acquisition of the company

Answers

Answer:

Part 1

$1,730,000 (Gain)

Part 2

a. $1,890,000 (Gain)

b. $560,000

c. Consolidated Assets = $9,850,000 and Consolidated Liabilities = $3,800,000

d.  Journals

Journal 1

Property Plant and Equipment $300,000 (debit)

Revaluation Reserve $300,000 (credit)

Revaluation of Acappella`s Property Plant and Equipment item

Journal 2

Common Stock $1,300,000 (debit)

Retained Earnings $1,200,000 (debit)

Revaluation Reserve $100,000 (debit)

Investment in Subsidiary $350,000 (credit)

Non-Controlling Interest $560,000 (credit)

Gain on Bargain Purchase $1,890,000 (credit)

Main Elimination Journal

Explanation:

Goodwill is the excess of Purchase Consideration over the Net Assets Acquired.

Purchase Consideration  (70,000 shares × $5) = $350,000

Part 1

Calculation of Net Assets Acquired

Retained Earnings                                             $1,200,000

Common Stock                                                  $1,300,000

Revaluation                                                           $100,000

Total Net Assets Acquired                               $2,600,000

Therefore,

Net Assets Attributable to Fortuna Company = $2,600,000 × 80%

                                                                            = $ 2,080,000

Purchase Consideration $350,000 < Net Assets Acquired ($ 2,080,000), therefore we have a gain situation of $1,730,000

Part 2

2a.

Calculation of Net Assets Acquired

Retained Earnings                                             $1,200,000

Common Stock                                                  $1,300,000

Revaluation                                                           $300,000

Total Net Assets Acquired                               $2,800,000

Therefore,

Net Assets Attributable to Fortuna Company = $2,800,000 × 80%

                                                                            = $ 2,240,000

Purchase Consideration $350,000 < Net Assets Acquired ($ 2,240,000), therefore we have a gain situation of $1,890,000

2b.

Calculation of Non - Controlling Interest

Note : I have elected to measure Non-Controlling Interest as proportionate to the fair value of Net Identified Assets Acquired !

Non - Controlling Interest = Non Controlled Interest % × Total Net Assets Acquired  

                                           = 20 % × $2,800,000

                                           = $560,000

2c.

Consolidation is 100 % of Parent/ Acquirer and 100% of subsidiary (Acquired) combined.

Assets :

Fortuna Company = $6,700,000 + $350,000     = $7,050,000

Acappella Company = $2,500,000 + $300,000 = $2,800,000

Total Assets                                                            = $9,850,000

Liabilities :

Fortuna Company                                                  = $3,000,000

Acappella Company                                                = $ 800,000

Total Liabilities                                                        = $3,800,000

2d.

Journal 1

Property Plant and Equipment $300,000 (debit)

Revaluation Reserve $300,000 (credit)

Revaluation of Acappella`s Property Plant and Equipment item

Journal 2

Common Stock $1,300,000 (debit)

Retained Earnings $1,200,000 (debit)

Revaluation Reserve $100,000 (debit)

Investment in Subsidiary $350,000 (credit)

Non-Controlling Interest $560,000 (credit)

Gain on Bargain Purchase $1,890,000 (credit)

The following trial balance of Crane Co. does not balance.
CRANE CO.
TRIAL BALANCE
JUNE 30, 2017
Debit Credit
Cash $3,099
Accounts Receivable $3,460
Supplies 1,029
Equipment 4,029
Accounts Payable 2,895
Unearned Service Revenue 1,429
Common Stock 6,229
Retained Earnings 3,229
Service Revenue 2,609
Salaries and Wages Expense 3,629
Office Expense 1,169
Totals $14,745 $18,061
Each of the listed accounts should have a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors.
1. Cash received from a customer on account was debited for $570, and Accounts Receivable was credited for the same amount. The actual collection was for $750.
2. The purchase of a computer printer on account for $729 was recorded as a debit to Supplies for $729 and a credit to Accounts Payable for $729.
3. Services were performed on account for a client for $890. Accounts Receivable was debited for $890 and Service Revenue was credited for $89.
4. A payment of $294 for telephone charges was recorded as a debit to Office Expense for $294 and a debit to Cash for $294.
5. When the Unearned Service Revenue account was reviewed, it was found that service revenue amounting to $554 was performed prior to June 30 (related to Unearned Service Revenue).
6. A debit posting to Salaries and Wages Expense of $899 was omitted.
7. A payment on account for $206 was credited to Cash for $206 and credited to Accounts Payable for $260.
8. A dividend of $804 was debited to Salaries and Wages Expense for $804 and credited to Cash for $804.
Prepare a correct trial balance.
CRANE CO.
TRIAL BALANCE
JUNE 30, 2017
Debit
Credit $ $
Totals $ $

Answers

Answer and Explanation:

Cash= 3,099+180-294-294= 2691

Accounts receivable= 3,460-180=3280

Supplies =1,029-729=300

Equipment= 4,029+729=4758

Accounts payable =2,895-206-260= 2429

unearned service revenue=1,429-554= 875

Service revenue= 2,609+801+554 3964

Salaries & wage expense 3,629+899-804= 3724

Find attached

Terrill Company finds its records are incomplete concerning a piece of machinery used in its plant. According to the company records, the machinery has an estimated useful life of 10 years and an estimated salvage value of $ 24,000. It has recorded $ 12,000 in depreciation each year using the straight-line method. If the accumulated depreciation account shows a balance of $ 72,000, what is the original cost of the machinery and how many years remain to be depreciated?

Answers

Answer:

original cost $144,000: Remaining years 4 years

Explanation:

Depreciation is the process of expensing the value of an asset over its useful life. The straight-line method allocates an equal amount of expense as depreciation in every of the gainful life.

The calculation of depreciation involves first determining the depreciable amounts.

The depreciable amount = asset cost - salvage value. In this case, the salvage value is  $ 24,000, but the asset cost is not given.

Depreciation per year= depreciable amount divided by lifespan

For Terrill company

$12,000 =depreciable amount /10

Depreciable amount = $12,000 x  10

=$120,000

If depreciable amount = asset cost - salvage value, then

$120,000 = asset cost - $24,000

Asset cost = $120,000 + $24,000

Asset cost = $144,000

Accumulated depreciation of $72,000 implies the asset has been depreciated $72,000/$12,000 times

=72,000/12000

= 6 times or six year.

The asset has a lifespan of 10 years; then it has four years remaining(10-6)

Telecomp is a U.S.-based manufacturer of cellular telephones. It is planning to build a new manufacturing and distribution facility in either South Korea, China, Taiwan, Poland, or Mexico. The cost of the facility will differ between countries and will even vary within countries depending on the economic and political climate, including monetary exchange rates. The company has estimated the facility cost (in $ millions) in each country under three different future economic/political climates as follows.Economic/Political Climate Country Decline Same Improve South Korea 21.7 19.1 15.2 China 19.0 18.5 17.6 Taiwan 19.2 17.1 14.9 Poland 22.5 16.8 13.8 Mexico 25.0 21.2 12.5 Determine the best decision using the following decision criteria. (Note that since the payoff is cost, the maximax criteria becomes minimax and maximin becomes minimax.)
a. Maximin
b. Minimax
c. Hurwicz ( 0.40)
d. Equal likelihood

Answers

Answer:

a. Maximin =  19.0

b. Minimax  = 17.6

c. Hurwicz ( 0.40)  = Taiwan

d. Equal likelihood = Taiwan

Explanation:

Remember, we are told to: Note that since the payoff is cost, the maximax criteria becomes minimax and maximin becomes minimax

a) Maximin: Since the payoff is cost, we begin by determining the maximum cost for each alternative and then selecting the one which gives the minimum of these maximums. (minimax)

b) Minimax: Since the payoff is cost, we begin by determining the minimum cost for each alternative and then selecting the one which gives the maximum of these minimums. (maximin).

c) Hurwicz (0.40): In this method, we add and multiply each payoff value by alpha (0.4).

South Korea = 15.2 (0.4) + 21.7 (0.6) = 19.1 ( remember, in $ millions)

China = 17.6 (0.4) + 19.0 (0.6) = 18.44

Taiwan = 14.9 (0.4) + 19.2 (0.6) = 17.48

Poland = 13.8 (0.4) + 22.5 (0.6) = 19.02

Mexico = 12.5 (0.4) + 25.0 (0.6) = 20

From the values above we select the minimum outcome since the company is looking at saving cost. Which is Taiwan; having the lowest cost of $17.48 million.

d) Using the formula [tex]\frac{P_{1} +P_{2}+P_{3}...P_{n} }{n}[/tex] where P = payoffs value, n = number of events.

South Korea =  15.2 + 21.7 + 19.1 /3 = 18.66

China = 17.6 + 19.0 + 18.5 /3 = 18.36

Taiwan = 14.9 + 19.2 +17.1 /3 = 17.06

Poland = 13.8 + 22.5 + 16.8 /3 = 17.7

Mexico = 12.5 + 25.0 + 21.2 /3 = 19.56

Taiwan should be selected since it has the lowest cost of $17.06 million.

World Company expects to operate at 80% of its productive capacity of 67,500 units per month. At this planned level, the company expects to use 32,400 standard hours of direct labor. Overhead is allocated to products using a predetermined standard rate of 0.600 direct labor hour per unit. At the 80% capacity level, the total budgeted cost includes $68,040 fixed overhead cost and $408,240 variable overhead cost. In the current month, the company incurred $472,000 actual overhead and 29,400 actual labor hours while producing 51,000 units.

Required:
a. Compute the overhead volume variance.
b. Compute the overhead controllable variance.

Answers

Answer:

1. $3,780 Unfavorable

2. $453,600 Overhead controllable variance

Explanation:

Req. 1

Fixed Overhead Applied

Fixed OH per DL hr. ($68,040 ÷ $32,400) = 2.1

Standard DL hours = 0.60 * $51,000 = $30,600

Fixed OH applied = 2.1 * $30,600 = $64,260

Volume variance.

Total fixed OH applied $64,260

Total budgeted fixed OH $68,040

Fixed OH volume variance $3,780 Unfavorable

Req. 2

Overhead controllable variance.

Total actual overhead $ 472,000

Flexible budget overhead

Variable = $408,240 ÷ $32,400 = 12.6

=> $30,600 * 12.6 = $385,560

Fixed. $68,040

Total $453,600 Overhead controllable variance

which situation best describes the role of businesse in the circular flow of goods

Answers

Answer:

A company makes a new line of kitchen appliances

Explanation:

Just did it

Find an approximate annual dollar-weighted yield received by Abiyote for the three-year period from January 1, 1994 until January 1, 1997 using

Answers

Answer:

The information about Abiyote's investment is missing, so I looked for similar questions:

Abiyote's time weighted rate of return = [(1 + HP₁ )  x (1 + HP₂) x (1 + HP₃)]¹/³ - 1

HP₁ = ($28,212 - $24,500) / $24,500 = 0.1515

HP₂ = ($15,892 - $18,212) / $18,212 = -0.1274

HP₃ = ($30,309 - $23,892) / $23,892 = 0.2686

TWRR = [(1.1515 x 0.8726 x 1.2686)¹/³ - 1 = 0.08426 = 8.43%

You calculate TWRR in the same way as you calculate geometric mean.

The following is selected information from Bonita Corporation for the fiscal year ending October 31, 2018
Cash received from customers $301000
Revenue recognized 376000
Cash paid for expenses 184000
Cash paid for computers on November 1, 2017 that will be used for 3 years (annual depreciation is $16100) 48300
Expenses incurred, including interest, but excluding any depreciation 218000
Proceeds from a bank loan, part of which was used to pay for the computers 95000
Based on the accrual basis of accounting, what is Monty Corporation’s net income for the year ending October 31, 2018?

Answers

Answer:

Net Income = $141,900

Explanation:

Accrual Basis of Accounting

                 Net income of Monty Corporation’s for the

                       year ending October 31, 2018

       Particulars                                                    Amount

Revenue recognized                                          $376,000

Less: Expenses incurred, including interest,    $218,000

         but excluding any depreciation

          Depreciation                                             $16,100  

Net Income                                                          $141,900

For each of the situations​ listed, identify the primary standard from the IMA Statement of Ethical Professional Practice that is violated​ (competence, confidentiality,​ integrity, or​ credibility).

1. To reduce the company's tax bill, Jack uses total cost to value inventory instead of using product cost as required by law.
2. Since Emilie works in the accounting department, she is aware that profits are going to fall short of analysts' projections. She tells her aunt to sell stock in the company before the earnings release date.
3. Veronica pays a Mexican official a bribe of $50,000 to allow the company to locate a factory in that jurisdiction so that the company can take advantage of the cheaper labor costs. Without the bribe, the factory cannot be located in that location.
4. There is a failure in the company's backup system after a system crash. Month-end reports will be delayed. Kayla, the manager of the division experiencing the system failure, does not report this upcoming delay to anyone since she does not want to be the bearer of bad news.

Answers

Answer:

1. To reduce the company's tax bill, Jack uses total cost to value inventory instead of using product cost as required by law.

Competence: accounting records must follows applicable laws, regulations and standards, you must IRA and GAAP rules when preparing financial statements and tax reports.

2. Since Emilie works in the accounting department, she is aware that profits are going to fall short of analysts' projections. She tells her aunt to sell stock in the company before the earnings release date.

Confidentiality: accounting records must b confidential unless you are authorized to disclose them, and you are not authorized to disclose the information to your aunt.

3. Veronica pays a Mexican official a bribe of $50,000 to allow the company to locate a factory in that jurisdiction so that the company can take advantage of the cheaper labor costs. Without the bribe, the factory cannot be located in that location.

Integrity: you must abstain from performing illegal activities, and bribery is illegal.

4. There is a failure in the company's backup system after a system crash. Month-end reports will be delayed. Kayla, the manager of the division experiencing the system failure, does not report this upcoming delay to anyone since she does not want to be the bearer of bad news.

Credibility: you must report all relevant and important information regardless of whether that information will make you bad or not.

Which option enables you to keep the last grammatical change?​

Answers

Answer:

Undo Option

Explanation:

The Accept option enables you to keep the last grammatical change in Microsoft Word.

Thomas, a senior manager at a manufacturing firm, is coming up with
ideas for a new product. Thomas has made a list of the following tasks that form a part of this project, along with their respective durations.
Create questionnaires to interview potential customers (7 days)
Find existing information about the market from online sources and trade journals (6 days)
Interview the respondents with the help of the questionnaire (10 days)
Design a new product according to the information obtained through the interviews (30 days)
If Thomas conducts a Critical Path Analysis to schedule these activities, what is the most likely duration that the activities will take to be completed?
A. 50 days
B. 40 days
C. 57 days
D. 47 days
E. 67 days

Answers

Answer:

47

Explanation:

The Answer is D, 47.

Answer:

47

Explanation:

Plato/Edmentum

North Star prepared the following unadjusted trial balance at the end of its second year of operations ending December 31.
Account Titles Debit Credit
Cash $ 11,200
Accounts Receivable 5,200
Prepaid Rent 2,240
Equipment 20,200
Accumulated Depreciation $ 1,180
Accounts Payable 1,180
Income Tax Payable 0
Common Stock 24,000
Retained Earnings 1,300
Sales Revenue 47,080
Salaries and Wages Expense 24,200
Utilities Expense 11,700
Rent Expense 0
Depreciation Expense 0
Income Tax Expense 0
Totals $ 74,740 $ 74,740
Other data not yet recorded at December 31:
1. Rent expired during the year, $1,120.
2. Depreciation expense for the year, $1,180.
3. Utilities used and unpaid, $8,200.
4. Income tax expense, $310.
Required:
Indicate the accounting equation effects of each required adjustment. (Enter all amounts as positive values.)

Answers

Answer and Explanation:  

The accounting equation effects of each required adjustment is shown below:-

Transactions    Assets                  

a.                    Prepaid rent - $1,280

b.                   Accumulated  

                     depreciation  - $1,180

c.                    NE

d.                    NE

Transactions =    Liabilities     +                    Stockholders' Equity

a.                       NE                                        Rent expenses -$1,280

b.                       NE                                        Depreciation expenses -$1,180

c.                     Accounts payable + $8,200 Utilities expenses -$8,200

d.                   Income tax payable + $310   Income tax expense -$310

Which drawback of being an entrepreneur can disrupt your personal life?

Answers

Stress and responsibilities
Hope this helps!
I hav to give my life to my business if I’m tryna hangout but promised a restock that day I have to restock and u have to respond to demand

Forest Components makes aircraft parts. The following transactions occurred in July. Purchased $16,950 of materials on account. Issued $16,780 in direct materials to the production department. Issued $1,340 of supplies from the materials inventory. Paid for the materials purchased in transaction (1) using cash. Returned $2,020 of the materials issued to production in (2) to the materials inventory. Direct labor employees earned $32,500, which was paid in cash. Purchased miscellaneous items for the manufacturing plant for $17,250 on account. Recognized depreciation on manufacturing plant of $36,700. Applied manufacturing overhead for the month. Forest uses normal costing. It applies overhead on the basis of direct labor costs using an annual, predetermined rate. At the beginning of the year, management estimated that direct labor costs for the year would be $434,600. Estimated overhead for the year was $412,870. The following balances appeared in the inventory accounts of Forest Components for July.
Beginning Ending
Materials Inventory ? $12,490
Work-in-Process Inventory ? 10,560
Finished Goods Inventory $2.700 6.930
Cost of Goods Sold ? 75,1000
a. Prepare Journal Entries to record these transactions (1-9)
b. Prepare T-accounts to show the flow of costs during the period from Materials Inventory through Cost of Goods Sold

Answers

Answer:

Forest Components

Journal Entries:

1. Debit Materials Inventory $16,950

Credit Accounts Payable $16,950

To record the purchase of materials on account.

2. Debit Work in Process Inventory $16,780

Credit Materials Inventory $16,780

To record the issue of materials to the production department.

3. Debit Manufacturing Overhead $1,340

Credit Materials Inventory $1,340

To record the issue of materials to the service department.

4. Debit Accounts Payable $16,950

Credit Cash Account $16,950

To record the payment for the materials purchased on account.

5. Debit Materials Inventory $2,020

Credit Work In Process $2,020

To record the record of materials.

6. Debit Work in Process $32,500

Credit Factory Wages $32,500

To record the direct labor cost.

7. Debit Manufacturing Overhead $17,250

Credit Accounts Payable $17,250

To record the purchase of miscellaneous items for the plant.

8. Debit Manufacturing Overhead $36,700

Credit Depreciation Expense $36,700

To record depreciation expense on manufacturing plant.

9. Debit Work In Process $30,875

Credit Manufacturing Overhead $30,875

To apply overhead for the month.

b. T-accounts:

Materials Inventory

Accounts Titles         Debit    Credit

Balance                    $12,320

Accounts Payable   $14,930

Work in Process         2,020

Work in Process Inventory    $16,780

Balance                                  $12,490

Work-in-Process Inventory

Accounts Titles         Debit    Credit

Balance                    $11,755

Materials Inventory   16,780

Materials Inventory                $2,020

Factory Wages        32,500

Overhead                30,875

Finished Goods Inventory    79,330

Balance                                  10,560

Manufacturing Overhead

Accounts Titles                 Debit    Credit

Materials Inventory         $1,340

Accounts Payable           17,250

Depreciation Expense   36,700

Work In Process                         $30,875

Finished Goods Inventory

Accounts Titles         Debit    Credit

Balance                   $2,700

Work in Process     79,330

Cost of goods sold                75,100

Balance                                 $6,930

Cost of Goods Sold

Accounts Titles         Debit    Credit

Finished Goods      75,100

Explanation:

a) Data and Calculations:

Materials Inventory                 ?         $12,490

Work-in-Process Inventory     ?           10,560

Finished Goods Inventory $2,700       6,930

Cost of Goods Sold                ?         75,1000

Predetermined overhead rate = $412,870/$434,600 = $0.95

Overhead applied = $30,875 ($0.95 * $32,500)

Vaughn Manufacturing has a weighted-average unit contribution margin of $30 for its two products, Standard and Supreme. Expected sales for Vaughn are 60000 Standard and 40000 Supreme. Fixed expenses are $1500000. How many Standards would Vaughn sell at the break-even point?

Answers

Answer:

30,000 units

Explanation:

The computation of the break even point is shown below:

But before that we need to do the following calculations

Standard product sales mix % is

= 60,000  ÷ (60,000 + 40,000)

= 60,000 ÷ 100,000

= 60%

Total Break even in units is

= $1,500,000 ÷ $30

= 50,000

Now

Break even units for Standard product is

= 50000 x 60%

= 30,000 units

On December 31, 2017, Wayne Sparks Company had 600,000 shares of common stock issued and outstanding. Sparks issued a 5% stock dividend on June 30, 2018. On September 30, 2018, 20,000 shares of common stock were reacquired as treasury stock. What is the appropriate number of shares to be used in the basic earnings per share computation for 2018

Answers

Answer: $625,000

Explanation:

The number of shares to use will be the Weighted average of the number of common shares in the company as at December 2018.

5% stock had been issued so common stock increases to;

= 600,000 * ( 1 + 5%)

= 630,000 shares

The treasury stock is to be deducted from the amount above and was only reacquired on Sept. 30 so the weighted average is;

= 20,000 * 3/12 months

= 5,000 shares

Number of shares = 630,000 - 5,000 = $625,000

Robert has set-up a start-up business. You have been appointed as an accountant for his business. Prepare journal entries for the following
transactions
1. On January 1, 2015, Robert invested $50,000 in his business.
2. On January 4, 2015, Robert bought a laptop for $2,800 for business use.
3. On January 20, 2015, Robert received $13,000 for services rendered.
4. On January 23, 2015, Robert paid salaries to his staff for $3,500

Answers

Answer:

On January 1, 2015, Robert invested $50,000 in his business.

Date Account Debit Credit

January 1, 2015 Cash  

                                            50,000

January 1, 2015 Cash  

50,000

On January 4, 2015, Robert bought a laptop for $2,800 for business use.

Date Account Debit Credit

January 4, 2015 Office Computer  

2,800

January 4, 2015 Cash  

2,800

On January 20, 2015, Robert received $13,000 for services rendered.

Date Account Debit Credit

January 20, 2015 Cash  

13,000

January 20, 2015 Revenue  

13,000

On January 23, 2015, Robert paid salaries to his staff for $3,500.

Date Account Debit Credit

January 23, 2015 Salaries  

3,500

January 23, 2015 Cash  

3,500

Explanation:

Describe a scenario in which you thought you were making a good decision but there was still a negative outcome.

Answers

Answer:

I was trying to help out a friend by letting her know that her boyfriend was cheating on her but she didn't believe me and got mad at and we weren't friends.

Explanation:

This isn't a real scenario that happened to me but hope this helps.

A scenario in which I thought I was making a good decision but there was still a negative outcome was when:

I was trying to help a friend pay off a debtor who was beginning to turn violent and was a nuisance. Unfortunately, after helping my friend to settle his debts to avoid embarrassment, he refused to pay me back, up till date. That seriously strained our relationship

A good decision is one which a person makes, which seems reasonable and can help someone.

As a result of this, we can see that there can be negative outcomes sometimes, no matter the good decision which is made and the good intentions behind them.

Read more here:

https://brainly.com/question/5085787

In a company's SWOT analysis, which of the following is an example of a strength?
A.
A law is passed that decreases demand for the company's product.
B.
A demographic trend increases demand for the company's product.
C.
The company's employees are efficient and productive.
D.
The company doesn't have many competitors.

Answers

Answer:

C. The companies employees are efficient and productive.

Explanation:

According to SWOT analysis "C" is a strength.

Answer:C. The companies employees are efficient and productive.

Explanation:

The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. Note: You must complete parts 1, 2, 3, 4 before completing part 5.
Part 5: Enter the unadjusted trial balance on an end-of-period spreadsheet (work sheet) and complete the spreadsheet using the following adjustment data.
Insurance expired during May is $275.
Supplies on hand on May 31 are $715.
Depreciation of office equipment for May is $330.
Accrued receptionist salary on May 31 is $325.
Rent expired during May is $1,600.
Unearned fees on May 31 are $3,210.
If an amount box does not require an entry, leave it blank or enter "0".
Kelly Consulting
End-of-Period Spreadsheet (Work Sheet)
For the Month Ended May 31, 20Y8
Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet
Account Title Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit
Cash
Accounts Receivable
Supplies
Prepaid Rent
Prepaid Insurance
Office Equipment
Accum. Depreciation
Accounts Payable
Salaries Payable
Unearned Fees
Common Stock
Retained Earnings
Dividends
Fees Earned
Salary Expense
Rent Expense
Supplies Expense
Depreciation Expense
Insurance Expense
Miscellaneous Expense
Net income

Answers

Part of question attached

Answer and Explanation:

Please find answer and explanation attached

Other Questions
A store sells jump ropes. Each jump rope costs the same ammout. During a sale the store reduces the price of each jump rope by $1.80. gavin spends $14.38 on 2 jump ropes what was the price of the 1 jump rope before the sale A number in front of a chemical formulaGroup of answer choicessubscriptcoefficient Which answer best explains the difference between protists and bacteria?A. Bacteria are prokaryotes and protists are eukaryotesB. Bacteria have a cell membrane while protists do notC. Bacteria have ribosomes while protists do notD. Bacteria have cytoplasm while protists do not. Can someone help me state whether the graph represents a function or not??! Can any repeating decimal can be written as a fraction or a mixed number? Only a true or false is needed. What is the least common multiple of 14 and 24? why a dam is thicker at the bottom than it's top Thank you all for using brainly! Have a very happy Halloween! how to do a dialectic on this If I buy a donkey and build him a house will he be happy donkey or sad donkey? HEY CAN ANYONE PLS ANSWER DIS SPANISH HW!!!! A plumber visits your home to fix a leak. He charges a flat rate of $35 and $12 per hour. If the total bill was $83, how many hours did he work? A large colony of mice lived in a house that was the enemy wasn't think that chat even at night it was not safe for the mice to come out of the walls in search of food they found it hard to get enough to eat one day of the mice'... Complete the story in 210 words Is a bee a autotroph or a heterotroph Space in an art composition is divided into three main sections. What are these sections, and explain one technique that artists use to create space. Pure H2oboils at 100 C and freezes at 0 C. What is the melting point and boiling point of waterafter the addition of potassium chloride I need help pls help ASAP I'll give brainliest Say someone has guardianship over a kid. The kid doesn't wanna live there anymore is it by law that the people have to let the kid leave? Or is there away that the kid could leave? Unlike the Zuni and the Hopi, also groups of the Southwest, the Apache ______________.a.were nomadic hunters and gatherersc.were nomadic farmersb.lived in adobe homes and were farmersd.lived in pueblos and hunted In New land NewLife what most develops the theme that hard work pays off A the description of ruth B.the description on calvin C. The description o calvins wife D. The description of ruths boys