Andrew purchased a business from Braeden on April 1, 1993. Profits earned by Braeden for the preceding years ending December 31 each year were: 1990-$ 50,000; 1991- $ 60,000; 1992-$ 54,000. It was found out that profit for the year 1990 included a non-recurring item of $ 2,000 and the profit for the year 1992 was reduced by $ 3,000 due to an abnormal loss on account of a small fire in the shop. The properties of the business were not insured in the past, but it was thought prudent to insure the properties in the future and the premium was expected to be $ 500 per annum. Andrew at the time of purchase of the business was employed as a manager with Reny Ltd. At a monthly salary of $ 1,000. He intends to replace the manager of the business, who is at present paid a salary of $ 750 per month. The goodwill is estimated at 2 years' purchase of the average profits. Calculate the value of goodwill of the bussiness

1. Basic earnings per share: 1,413,000 shares. 2. Diluted earnings per share: 1,413,600 shares

To calculate the number of shares for calculating basic and diluted earnings per share (EPS) for Wildhorse Inc. in 2020, we need to consider the shares issued in the merger, additional shares issued for cash, and the potential conversion of convertible bonds.

(a) The number of shares to be used for calculating:

(1) Basic earnings per share:

The total number of shares issued in the merger was 837,000. On April 1, 2020, an additional 576,000 shares were issued for cash. Therefore, the total number of shares outstanding during 2020 is the sum of the shares issued in the merger and the shares issued for cash: 837,000 + 576,000 = 1,413,000 shares.

So, the number of shares to be used for calculating basic earnings per share is 1,413,000 shares.

(2) Diluted earnings per share:

In addition to the basic shares, we need to consider the potential conversion of the convertible bonds. Each $1,000 bond converts to 36 shares of common stock. The total value of the convertible bonds issued is $600,000.

To determine the potential additional shares from the conversion of the bonds, we divide the value of the bonds by the conversion price per share: $600,000 / $1,000 = 600 shares.

Therefore, the number of shares to be used for calculating diluted earnings per share is the sum of the basic shares and the potential additional shares from bond conversion: 1,413,000 + 600 = 1,413,600 shares.

In summary:

(1) Basic earnings per share: 1,413,000 shares

(2) Diluted earnings per share: 1,413,600 shares

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The statement is true. The Adult ego state in Transactional Analysis theory is characterized by logical, rational, and analytical behavior.

Analysis theory, also known as analytical theory, refers to a framework or approach used in various fields, such as mathematics, physics, economics, and social sciences, to understand and solve complex problems by breaking them down into simpler components. It emphasizes the study of individual elements or units in order to comprehend the larger system or phenomenon they collectively form.

In analysis theory, the focus is on examining the properties, relationships, and behavior of these constituent parts to gain insights into the overall structure or function. It involves the use of rigorous mathematical techniques, logical reasoning, and systematic observation to investigate patterns, trends, and underlying principles.

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Complete Question:

Characteristics of the Adult ego state include logical, rational, and analytical behavior.

A. True

B. False

The Mariana Dam disaster had significant impacts on both the economy and society. The following points highlight some of the effects:

Economic Impact: Environmental damage: The release of millions of tonnes of toxic mud caused extensive environmental damage, including pollution of the Rio Doce river. This had a direct impact on the region's ecosystem, affecting fish populations and threatening the livelihoods of fishermen who depend on the river for their income.

Disruption of economic activities: The disaster disrupted various economic activities in the affected region. The destruction of Bento Rodrigues and displacement of residents resulted in the loss of homes and affected local businesses. The region's mineral water supplies were also affected, impacting the bottled water industry.

Social Impact: Loss of lives and displacement: The disaster resulted in the loss of at least 17 lives and the displacement of hundreds of people. Entire communities, such as Bento Rodrigues, were wiped off the map, causing immense trauma and emotional distress to the affected individuals and families.

Social and cultural disruption: The disaster disrupted the social fabric and cultural heritage of the affected communities. The loss of homes, infrastructure, and historical sites had long-lasting social implications, as people had to rebuild their lives and communities from scratch.

The financial penalties imposed on the mining companies involved (Samarco, Vale, and BHP) reflect the recognition of the economic and societal damages caused by the disaster. The increased fine highlights the severity of the impact and the responsibility of the companies to compensate for the damages. Efforts to restore the environment and support the affected communities are essential to mitigate the long-term consequences on the economy and society.

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However, the answer requires a long answer as there are several factors that can impact the correlation coefficient between two assets. The correlation coefficient measures the strength and direction of the linear relationship between two variables.

In the case of assets, it measures how closely the returns of the two assets move together. The correlation coefficient can range from -1 to +1, with -1 indicating a perfect negative correlation (meaning the two assets move in opposite directions), +1 indicating a perfect positive correlation (meaning the two assets move in the same direction), and 0 indicating no correlation (meaning there is no relationship between the two assets).

To calculate the correlation coefficient between two assets, you will need to have historical returns data for both assets. Once you have this data, you can use a statistical software or tool to calculate the correlation coefficient. It's important to note that the correlation coefficient is not a measure of causation, meaning it doesn't tell you why the two assets are moving together (or not). It simply tells you how closely they are moving together.

In summary, the correlation coefficient between two assets is a measure of the strength and direction of the linear relationship between their returns. It can range from -1 to +1, with -1 indicating a perfect negative correlation, +1 indicating a perfect positive correlation, and 0 indicating no correlation. To calculate the correlation coefficient, you will need historical returns data for both assets and a statistical software or tool.

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Given,The expected return on equity (ROE) = 25%The plowback ratio = 0.2Earnings per share (EPS) = $3 per shareRate of return on stock (R) = 12%Using the above-given data, we have to find the price at which ART shares would sell in 4 years.The formula for the price of a stock with constant growth is given by,P0 = (D1 ÷ (k – g))Where, P0 = price of stock at time 0D1 = expected dividend per share at the end of one yeark = required rate of returng = dividend growth ratePlowback ratio = 1 – Payout ratioPlowback ratio = 0.20Payout ratio = 1 – 0.20= 0.80The dividend payout ratio is

calculated as follows:Dividend payout ratio = Dividend per share ÷ Earnings per shareThe dividend per share is calculated as follows:ROE = Net Income ÷ Shareholder’s EquityNet Income = ROE × Shareholder’s EquityNet Income = 0.25 × Shareholder’s EquityDividend = (1 – Plowback ratio) × EPSDividend = (0.80) × $3 = $2.40Now,Dividend payout ratio = Dividend per share ÷ Earnings per share0.8 = 2.4 ÷ EPSEPSEPS = 2.4 ÷ 0.8 = $3Expected dividend (D1) = Dividend × (1 + g)D1 = $2.40 × (1 + 0.20)D1 = $2.88The required rate of return is given as 12%.Thus, k = 12% = 0.12.The dividend growth rate (g) is calculated using the following formula:g = Retention ratio × ROEg = 0.20 × 0.25 = 0.05The

value of P0 is calculated as follows:P0 = (D1 ÷ (k – g))P0 = ($2.88 ÷ (0.12 – 0.05))P0 = $2.88 ÷ 0.07P0 = $41.14The formula to calculate the price of a stock at any point in the future (Pn) is given by:Pn = P0 (1 + g)nWhere, P0 is the price of the stock at time 0, and g is the expected growth rate in dividends and n is the number of years.Now we have to find the value of P4Price of the stock at the end of 4 years (P4) = P0 (1 + g)n = $41.14 (1 + 0.05)4≈ $53.96Therefore, the price of the ART shares in four years is $53.96. Hence, the option (a) is correct.

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Tax cuts can have various effects on GDP, inflation, and the Consumer Price Index (CPI). The impact on inflation and the CPI can be influenced by factors such as the state of the economy and overall demand conditions.

Explore the potential impacts of tax cuts:

1. GDP Growth: Tax cuts can stimulate economic growth by putting more money into the hands of individuals and businesses, which may lead to increased spending, investment, and job creation. When people have more disposable income due to lower tax burdens, they are likely to consume more, boosting aggregate demand and GDP. In turn, increased economic activity can result in higher production levels, increased employment, and overall economic expansion.

2. Investment and Capital Expenditures: Lowering taxes can incentivize businesses to invest more in capital expenditures, such as equipment, machinery, and infrastructure. By reducing the tax burden on profits, businesses have more funds available for investment, which can lead to increased productivity and economic growth. Increased investment can also contribute to job creation and improved wages.

3. Inflation: The impact of tax cuts on inflation is not direct and depends on various factors. Tax cuts that stimulate economic growth can lead to increased demand for goods and services. If the economy operates close to its full capacity, this increased demand can potentially put upward pressure on prices, resulting in inflationary pressures. However, in an economy with idle resources or weak demand, the impact on inflation may be limited.

4. Consumer Price Index (CPI): The CPI measures the average change over time in the prices paid by urban consumers for a basket of goods and services. Tax cuts can indirectly affect the CPI through their impact on consumer spending, production costs, and overall economic conditions. If tax cuts stimulate consumption, it can increase demand for goods and services, potentially leading to price increases and impacting the CPI. Additionally, changes in taxes can influence production costs, such as labor and input costs, which may affect the prices of goods and services included in the CPI basket.

5. Fiscal Impact: Tax cuts can have implications for government revenues and the budget deficit. When taxes are reduced, government revenue decreases, which can widen the budget deficit if spending remains unchanged. This deficit may necessitate increased borrowing, potentially leading to higher interest rates and crowding out private investment. The fiscal impact of tax cuts on GDP, inflation, and the CPI can be influenced by how the government manages its spending and borrowing levels.

It is important to note that the actual impact of tax cuts on GDP, inflation, and the CPI is influenced by numerous factors, including the size and design of the tax cuts, the state of the economy, and other concurrent economic policies. Additionally, the effects can vary across different sectors, industries, and income groups.

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Towards the beginning of the current season on April 1, the ledger of Crane Pro Shop showed Cash $3,115: Inventory $4,115; and Common Stock $7,230. The following transactions occurred during April 2022. Apr.

1 Purchased golf bags, clubs, and balls on account from Sargent Co. $1,710, terms n/30.2 Sold merchandise on account to members $900, terms n/10. The cost of merchandise sold was $540.4 Received cash from members on account $600.6 Paid Sargent Co. on account $1,710.8 Purchased store supplies for cash $160.10 Made refunds to members for defective merchandise $70.14 Paid store rent for the month $800.15 Withdrew cash for personal use $400.

Requirements:

1. Record the transactions in the journal of Crane Pro Shop.

2. Post to the ledger accounts.

3. Prepare a trial balance at April 30, 2022.Journal of Crane Pro Shop is as follows:

1. Journal Post to the Ledger accounts.

3. Trial balance as of April 30, 2022:Hope this helps!

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1.  The covariance between stock A and B is 0, the variance simplifies to: Varp = (wA^2 * Vara) + (wB^2 * Varb)

2. Proportion in stock B = 90% * wB

3. Varc = (pA^2 * Vara) + (pB^2 * Varb) + (pT^2 * Vart)

4. SR = (ER - Rf) / SD

(1) To find the investment weights on stock A and B at the optimal risky portfolio, we need to calculate the portfolio's expected return and variance. Since the covariance between stock A and B is given as 0, there is no correlation between them, and the portfolio's variance simplifies.

The expected return of the optimal risky portfolio (ERp) can be calculated as the weighted sum of the expected returns of stock A (ERa) and stock B (ERb) using the investment weights (wA and wB):

ERp = wA * ERa + wB * ERb

The variance of the optimal risky portfolio (Varp) can be calculated as the weighted sum of the variances of stock A (Vara) and stock B (Varb) using the investment weights and considering the covariance:

Varp = (wA^2 * Vara) + (wB^2 * Varb) + 2 * wA * wB * Cov(A, B)

Since the covariance between stock A and B is 0, the variance simplifies to:

Varp = (wA^2 * Vara) + (wB^2 * Varb)

(2) If 90% of the money is invested in the optimal risky portfolio and 10% in T-bill, the proportion invested in the T-bill is 10%, and the proportion invested in each of the two stocks (A and B) can be calculated using the investment weights and the remaining 90% of the money:

Proportion in T-bill = 10%

Proportion in stock A = 90% * wA

Proportion in stock B = 90% * wB

(3) To calculate the expected return and standard deviation of the complete portfolio, we need to consider the proportions invested in each asset. Let's denote the proportions as pA, pB, and pT for stock A, stock B, and T-bill, respectively.

Expected return of the complete portfolio (ERc) can be calculated as:

ERc = pA * ERa + pB * ERb + pT * ERt

Since the T-bill has an expected return of 2%, ERt = 2%.

The variance of the complete portfolio (Varc) can be calculated as:

Varc = (pA^2 * Vara) + (pB^2 * Varb) + (pT^2 * Vart) + 2 * pA * pB * Cov(A, B) + 2 * pA * pT * Cov(A, T) + 2 * pB * pT * Cov(B, T)

Given that the covariance between stock A and T-bill (Cov(A, T)) and the covariance between stock B and T-bill (Cov(B, T)) are both 0, the variance simplifies to:

Varc = (pA^2 * Vara) + (pB^2 * Varb) + (pT^2 * Vart)

(4) To determine the stock with a higher Sharpe ratio, we need to calculate the Sharpe ratio for each stock. The Sharpe ratio measures the risk-adjusted return of an asset.

Sharpe ratio (SR) can be calculated as:

SR = (ER - Rf) / SD

Where ER is the expected return of the asset, Rf is the risk-free rate (T-bill rate), and SD is the standard deviation of the asset.

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The correct statement about the income statement is (I) only: The financial performance of the entity is primarily measured in terms of the level of income earned by the entity through effective and efficient utilization of resources.

The income statement, also known as the profit and loss statement, focuses on the financial performance of the entity by presenting the revenues, expenses, gains, and losses over a specific period. It measures the level of income earned by the entity, which reflects its ability to generate profits through the efficient use of resources. Statement (II) is incorrect Liquidity and solvency are typically assessed through other financial statements, such as the balance sheet and statement of cash flows.

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Question 9: Country A's desire to increase population growth rate is related to the human capital factor of economic growth. Human capital refers to the knowledge, skills, and abilities of a population that can be used to produce goods and services.

When a country has a larger population with higher levels of education and training, it can lead to increased productivity and economic growth.

Question 10: Privatization of companies in Country B will likely lead to economic growth for several reasons. First, private companies are generally more efficient than government-owned enterprises. They have a greater incentive to maximize profits, which leads to increased productivity and innovation. Second, private companies are more responsive to market signals, such as changes in consumer demand or prices, which helps allocate resources more efficiently.

Finally, privatization can also lead to increased competition, as new entrants are able to enter the market and compete with established firms. This can lead to lower prices and better quality products for consumers, further stimulating economic growth.

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On January 1, Aya, Becca, Celia, and Divina formed a local partnership named Fab Trading. According to the articles of co-partnership, the capital contributions made by Aya, Becca, Celia, and Divina were Php 50,000, Php 25,000, Php 25,000, and Php 20,000, respectively.

Hence, the total capital contributed by the four partners is Php 120,000.The division of profit and losses between the partners of the firm would be based on their capital contributions. The articles of co-partnership would have clauses regarding the division of profits and losses among the partners. In the case of Fab Trading, we don't know the distribution of profits and losses. But, it is customary in a partnership to distribute the profits and losses based on the capital contribution of each partner.In the case of dissolution of the partnership, the capital contributions of each partner would be returned after the partnership's debts are paid off. The articles of co-partnership would have the clauses regarding the dissolution of the partnership. Each partner would be entitled to their respective share of the remaining capital after the debts of the firm are settled.

In conclusion, Fab Trading was formed on January 1, with Aya, Becca, Celia, and Divina contributing Php 50,000, Php 25,000, Php 25,000, and Php 20,000, respectively, towards the capital of the firm. The division of profits and losses and dissolution of the partnership would be as per the clauses in the articles of co-partnership.

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Mary's total income tax deduction per pay period is $236.06.

Mary's total income tax deduction per pay period is $236.06.WORD COUNT: 100. Explanation:

Total Salary = $40,000.00/yr

Salary per pay period = $40,000.00 / 26 pay periods = $1,538.46. Car allowance per pay period = $100.00

Group term life insurance per pay period = $23.00.

Pension contribution per pay period = 3% of salary = 3/100 x $1,538.46 = $46.15Gross pay per pay period = $1,707.61

Federal TD1 claim code = 1

Alberta TD1 claim code = 1

Income tax deduction per pay period can be calculated as follows: Federal tax payable = ($1,538.46 - $122.92) x 15% - $463.19 = $53.29

Alberta tax payable = ($1,538.46 - $131.54) x 10% - $171.29 = $82.60CPP contribution = ($1,707.61 - $57.40) x 5.10% = $82.72

EI premium = ($1,707.61 - $57.40) x 1.58% = $25.40

Total income tax deduction per pay period =

Federal tax payable + Alberta tax payable + CPP contribution + EI premium= $53.29 + $82.60 + $82.72 + $25.40 = $236.06.

Therefore, Mary's total income tax deduction per pay period is $236.06.

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The simple rate of return on the new machine is closest to 12.02%, which is not one of the given multiple choice options.

To calculate the simple rate of return (SRR) for the new machine, we need to divide the annual incremental net cash inflow by the initial investment and express it as a percentage.

The annual incremental net cash inflow is the difference between the savings in labor and other costs ($93,000) and the cost to operate and maintain the new machine ($52,000):Annual incremental net cash inflow = $93,000 - $52,000 = $41,000

The initial investment is the cost of the new machine ($310,000) minus the salvage value ($0) plus the proceeds from selling the old machine ($31,000):

Initial investment = $310,000 - $0 + $31,000 = $341,000

Now, we can calculate the SRR:

SRR = (Annual incremental net cash inflow / Initial investment) * 100

SRR = ($41,000 / $341,000) * 100 ≈ 12.02%

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Recognition, action, and effect time lags are three distinct phases in the process of economic decision-making and their subsequent impact on the economy.

Economic decision-making is the process of making choices or selecting courses of action in response to economic conditions and objectives. It involves analyzing and evaluating various alternatives, considering costs and benefits, and assessing potential risks and outcomes. Economic decision-making applies to individuals, businesses, and governments and encompasses areas such as production.

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According to Ricardo, a country will have a comparative advantage in the product in which its opportunity cost of producing is lower than that of other countries. David Ricardo was a 19th-century British economist who developed the theory of comparative advantage in international .

Is the theory of  theory of comparative advantage proposes that a country should focus on producing the goods and services for which it has the lowest opportunity cost in order to achieve the highest efficiency and ultimately economic growth. Opportunity cost is the value of the next best option that must be given up in order to pursue a certain In other words.

should specialize in producing goods and services that it is most efficient at producing, even if it is not the absolute best at producing those goods and services. By doing so, it can trade with other countries and obtain the goods and services that it is not efficient at producing, leading to gains from trade.

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The amount of cash to be collected in the month of August is $39,330.

To calculate the amount of cash to be collected in the month of August, we need to determine the cash collection pattern based on the given information.

Step 1: Calculate the credit sales for each month by subtracting the cash sales from the total sales.

April credit sales = $54,000 - ($54,000 x 0.1) = $54,000 - $5,400 = $48,600

May credit sales = $58,000 - ($58,000 x 0.1) = $58,000 - $5,800 = $52,200

June credit sales = $64,000 - ($64,000 x 0.1) = $64,000 - $6,400 = $57,600

July credit sales = $66,000 - ($66,000 x 0.1) = $66,000 - $6,600 = $59,400

August credit sales = $62,000 - ($62,000 x 0.1) = $62,000 - $6,200 = $55,800

Step 2: Calculate the cash collection for each month based on the given collection pattern.

April cash collection = $48,600 x 0.15 = $7,290

May cash collection = $48,600 x 0.75 x 0.17 = $6,601.50

June cash collection = $48,600 x 0.75 x 0.6 = $21,942

July cash collection = $48,600 x 0.75 x 0.06 = $2,767.50

August cash collection = $48,600 x 0.75 x 0.02 = $729

Step 3: Sum up the cash collections for August.

Cash collection in the month of August = April cash collection + May cash collection + June cash collection + July cash collection + August cash collection

Cash collection in the month of August = $7,290 + $6,601.50 + $21,942 + $2,767.50 + $729

Cash collection in the month of August = $39,330

Therefore, the amount of cash to be collected in the month of August is $39,330.

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The total for the trial balance is $87,600. A trial balance is a financial statement that lists all the accounts and their balances at a specific point in time.

It is used to ensure that debits and credits in the accounting system are balanced and accurate. By summing up the balances of all the accounts, we can determine the total for the trial balance. In this case, we have the following account balances: - Accounts Payable: $5,400 - Service Revenue: $4,000 - Cash: $3,000 - Expenses: $15,400 - Furniture: $13,100- Accounts Receivable: $12,300 - Common Stock: $22,100 - Notes Payable: $12,300. By adding up these balances, we get a total of $87,600. This represents the sum of all the account balances for Jones Company, Inc. in the current month. The trial balance is an important tool in the accounting process as it helps verify the accuracy of the accounting records. If the total debits and total credits on the trial balance match, it indicates that the books are in balance. Any discrepancies between the debits and credits would require further investigation and correction.

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People in a country, there is a larger labor force, which can lead to increased competition for available jobs. This increased competition can result in higher unemployment rates.

Unemployment refers to the state of being without a job or work, despite being willing and able to work. It is an economic indicator that measures the percentage of the labor force that is unemployed and actively seeking employment. Unemployment is a significant issue in most economies and can have profound social and economic consequences.

There are various types of unemployment, including cyclical, structural, frictional, and seasonal. Cyclical unemployment occurs during economic downturns when businesses reduce their workforce due to reduced demand. Structural unemployment arises from changes in the economy that lead to a mismatch between available jobs and the skills of the workforce. Frictional unemployment is temporary and occurs when individuals are transitioning between jobs.

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The table is given below which needs to be completed. The number of units sold is 21 and the dollar cost needs to be rounded to the nearest cent. Units Unit Cost Dollar Cost Beg. Inventory Jan 1 Apr 11 May 17 Dec 15 8 $24 $30 $19 $6.00 11.00 14.00 16.00 Complete the following table using FIFO and LIFO inventory costing methods:

Inventory costing methods help in estimating the value of inventory available for sale at the end of the period. Two inventory costing methods are FIFO and LIFO.FIFO (First-In, First-Out) assumes that the earliest goods purchased are the first ones sold. In contrast, LIFO (Last-In, First-Out) assumes that the most recently acquired items are the first to be sold.FIFO Method: Based on the FIFO method, the cost of the first eight units sold comes from the first eight units purchased for $24 each. Thus, the cost of the first eight units sold is 8 × $24 = $192.The next seven units sold come from the $30 stock bought on April 11. The cost of the next seven units sold is 7 × $30 = $210.The last six units sold come from the $19 stock bought on May 17. The cost of the last six units sold is 6 × $19 = $114.The dollar cost of the inventory sold is $192 + $210 + $114 = $516.LIFO Method: Based on the LIFO method, the cost of the last six units sold comes from the six units purchased for $19 each on May 17. Thus, the cost of the last six units sold is 6 × $19 = $114.The next seven units sold come from the $30 stock bought on April 11. The cost of the next seven units sold is 7 × $30 = $210.The first eight units sold come from the $24 stock bought on Jan 1. The cost of the first eight units sold is 8 × $24 = $192.The dollar cost of the inventory sold is $114 + $210 + $192 = $516.The calculation shows that the dollar cost of the inventory sold under both FIFO and LIFO is the same, $516.

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The net increase in cash for the year is $149,000, resulting in a cash balance of $159,000 at the end of the year.

M Performance Inc.

Statement of Cash Flows

For the Year Ended December 31, 2021

Indirect Method

Cash Flows from Operating Activities:

Net Income $27,000

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation Expense $4,000

Loss on Sale of Equipment $1,000

Decrease in Accounts Receivable $9,000

Decrease in Inventory $20,000

Increase in Accounts Payable $12,000

Net Cash Provided by Operating Activities $73,000

Cash Flows from Investing Activities:

Proceeds from Sale of Equipment $47,000

Purchase of Equipment ($13,000)

Net Cash Provided by Investing Activities $34,000

Cash Flows from Financing Activities:

Increase in Bank Loan Payable $8,000

Issuance of Common Shares $40,000

Dividends Paid ($6,000)

Net Cash Provided by Financing Activities $42,000

Net Increase in Cash $149,000

Cash at Beginning of Year $10,000

Cash at End of Year $159,000

The statement of cash flows shows the cash inflows and outflows from operating, investing, and financing activities. In this case, the indirect method is used, which starts with net income and adjusts for non-cash items and changes in working capital.

In the operating activities section, adjustments are made for depreciation expense, loss on the sale of equipment, and changes in accounts receivable, inventory, and accounts payable. These adjustments result in net cash provided by operating activities of $73,000.

In the investing activities section, the proceeds from the sale of equipment are recorded as a cash inflow, and the purchase of equipment is recorded as a cash outflow. The net cash provided by investing activities is $34,000.

In the financing activities section, the increase in bank loan payable and issuance of common shares are recorded as cash inflows, while dividends paid are recorded as a cash outflow. The net cash provided by financing activities is $42,000. The net increase in cash for the year is $149,000, resulting in a cash balance of $159,000 at the end of the year.

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The arithmetic mean return of Crash-n-Burn Computer's stock over the past five years is 10 percent.

To calculate the arithmetic mean return, we sum up all the individual returns and divide it by the number of observations. In this case, we add 2 percent, -9 percent, 24 percent, 17 percent, and 16 percent, which gives us a total of 50 percent. Then, we divide 50 percent by 5 (the number of observations) to get the arithmetic mean return.

(2% + (-9%) + 24% + 17% + 16%) / 5 = 10%

Therefore, the arithmetic mean return of Crash-n-Burn Computer's stock over the past five years is 10 percent.

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1. Based on the Hotel Paris' competitive strategy, here are four important employee behaviors for the staff to increase the length of stay and return rate of guests while boosting revenue and profitability: Providing superior guest service.

Able to exhibit patience and supportiveness, even when busy with other activities. Check a guest in or out in 5 minutes or less.Keeping the job description up to date.2. Team-created job description for a Hotel Paris front desk clerk:Job Title: Front Desk ClerkJob Purpose: To ensure guest satisfaction through friendly, courteous, and efficient service, while following Hotel Paris's procedures and policies. Key Accountabilities: Greets guests upon arrival and departure, ensuring their needs are met with courteous and efficient service.Assists guests with the check-in and check-out processes while following the 5-minute standard check-in or check-out.Able to answer the phone within three rings and communicate with guests in a friendly, helpful, and professional manner.Conducts all transactions with accuracy and attention to detail.Assists guests with the necessary information regarding Hotel Paris amenities, local attractions, and transportation.Handles guest complaints and concerns, communicates with the hotel manager when necessary.Assists other departments, such as housekeeping and maintenance, with their requests. Ability to work flexible shifts as assigned by management. Required Competencies: Outstanding customer service skills. Ability to multi-task and work under pressure. Strong interpersonal communication skills.Excellent problem-solving skills. Attention to detail.

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If the price elasticity of supply is 0.5 and the quantity supplied decreases by 6%, the price must have decreased by 12%. The correct option is option B.

The price elasticity of supply measures the responsiveness of the quantity supplied to changes in price. It indicates the percentage change in quantity supplied resulting from a 1% change in price. In this case, the price elasticity of supply is given as 0.5, which means that a 1% change in price leads to a 0.5% change in quantity supplied.

Since the quantity supplied has decreased by 6%, we can use the price elasticity of supply to determine the corresponding percentage change in price. We divide the percentage change in quantity supplied (-6%) by the elasticity (0.5) to get the percentage change in price.

-6% / 0.5 = -12%

The negative sign indicates a decrease in quantity supplied, and the result is -12%. However, we are interested in the absolute value, so the price must have decreased by 12%.

Therefore, the correct answer is 12%.

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The three largest markets for American exports of goods in 2017 were:

Canada: Canada has consistently been the largest export market for the United States. It shares a long border with the U.S. and has a strong economic relationship. Key exports to Canada include vehicles, machinery, mineral fuels, and plastics.

Mexico: Mexico is another significant export market for the United States. It is a neighboring country and is part of the North American Free Trade Agreement (NAFTA), which facilitates trade between the two countries. Major exports to Mexico include machinery, electrical machinery, vehicles, and mineral fuels.

China: China is a major destination for American exports, although the trade relationship between the two countries has seen some fluctuations in recent years. Key exports to China include agricultural products, electrical machinery, aircraft, and vehicles.

It's important to note that the ranking and composition of export markets can vary from year to year based on factors such as trade policies, economic conditions, and global demand.

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The coverage that will protect the insured against drivers who have inadequate or insufficient insurance coverage to respond to claims is underinsured coverage.

Underinsured coverage (option a) is designed to provide protection to the insured when they are involved in an accident with a driver who has inadequate or insufficient insurance coverage to cover the full extent of the damages. In such cases, the underinsured coverage will kick in and help bridge the gap between the at-fault driver's insurance coverage and the actual costs of the damages or injuries.

Other options listed, such as other than collision coverage (option b), uninsured coverage (option c), and at-fault coverage (option d), serve different purposes. Other than collision coverage, also known as comprehensive coverage, provides protection for damages caused by incidents other than collisions, such as theft or vandalism. Uninsured coverage protects the insured against drivers who do not have any insurance coverage. At-fault coverage is not a specific type of coverage, but rather a determination of who is responsible for an accident. Therefore, among the given options, underinsured coverage is the appropriate coverage that safeguards the insured against drivers with inadequate or insufficient insurance coverage.

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a. To find the optimal X and Y that maximize utility, we need to compare the marginal utilities per dollar spent on each good.

Given U(X, Y) = min[X, ½Y], we can start by setting up the following equations:

MUx/Px = MUy/Py, where MUx and MUy are the marginal utilities of X and Y, respectively.

Since U(X, Y) = min[X, ½Y], we have:

MUx = 1 when X < ½Y, and MUx = 0 when X > ½Y.

MUy = ½ when X > ½Y, and MUy = 0 when X < ½Y.

Considering Px = 10 and Py = 20, we can set up the equations as follows:

1/10 = ½MUy/20  =>  MUy = 10

1/10 = 0/20  =>  MUx = 0

To maximize utility, we should allocate our budget in a way that MUx/MUy = Px/Py. However, since MUx = 0, this equation is satisfied regardless of the allocation between X and Y.

Given an income of M = 1000, we can calculate the amount of X and Y:

10X + 20Y = 1000

X + 2Y = 100

Let's assume X = 0 (as MUx = 0), then we have:

2Y = 100

Y = 50

So, the optimal consumption is X = 0 and Y = 50.

To find the resulting utility, we substitute the values of X and Y into the utility function:

U(X, Y) = min[0, ½ * 50] = min[0, 25] = 0

Therefore, the resulting utility is 0.

b. Now, let's consider Px = 12. The equations for marginal utilities remain the same:

1/12 = ½MUy/20  =>  MUy = 40/3

1/12 = 0/20  =>  MUx = 0

Since MUx = 0, the equation MUx/MUy = Px/Py is again satisfied regardless of the allocation between X and Y.

Using the income of M = 1000, we can calculate the amount of X and Y:

12X + 20Y = 1000

X + 5/3Y = 100

Assuming X = 0, we have:

5/3Y = 100

Y = 60

So, the optimal consumption is X = 0 and Y = 60.

Substituting the values of X and Y into the utility function:

U(X, Y) = min[0, ½ * 60] = min[0, 30] = 0

Therefore, the resulting utility is still 0.

In summary, when Px increases from 10 to 12, the optimal consumption and resulting utility remain the same. The change in Px does not affect the allocation between X and Y or the utility derived from consuming the goods.

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The growth rate over the 25-year period between the average prices of bread is 90.44%.

To find the growth rate over the 25-year period between the average prices of bread, we can use the formula:((New Value - Old Value) / Old Value) * 100Where the "Old Value" refers to the starting price, and the "New Value" refers to the ending price.

Using this formula, we can find the growth rate as follows:((2.99 - 1.57) / 1.57) * 100 = 90.44%.

Therefore, the growth rate over the 25-year period between the average prices of bread is 90.44%.

This means that the average price of bread has increased by 90.44% over the past 25 years.

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The degree to which strangeness or familiarity prevails in the tourist's activities determines the nature of the tourism experience, as well as the effects he or she has on the host society. This statement is observed in many tourist destinations and World Heritage Sites (WHS).

Let's consider the example of the Great Barrier Reef in Australia, which is a WHS and a popular tourist destination. The Great Barrier Reef is a unique ecosystem that is home to a diverse range of marine species and is also a popular tourist attraction. Tourists can engage in a variety of activities such as snorkeling, diving, and taking a glass-bottomed boat tour to explore the reef and its inhabitants. The degree to which a tourist engages in these activities determines the nature of their tourism experience. For example, a tourist who chooses to snorkel or dive will have a more immersive experience and will be able to observe the marine life up close, while a tourist who takes a boat tour will have a more distant view of the reef.Tourists who engage in activities that have a minimal impact on the reef, such as snorkeling or diving, will have a more positive effect on the host society, as they will be contributing to the local economy and promoting conservation efforts. However, tourists who engage in activities that have a negative impact on the reef, such as touching or damaging the coral, will have a negative effect on the host society and the reef's ecosystem. Thus, the degree to which strangeness or familiarity prevails in the tourist's activities determines the nature of the tourism experience, as well as the effects he or she has on the host society.

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On Sep. 1, 2010, Bros Company purchased 10,000 Handle production Inc. 9% bonds with a face value of $100 per bond at a cost of $967,000, paying an additional $1,000 in commission to the dealer and accrued interest. The interest is payable every Jan. 1 and July 1, with the bonds maturing on Jan. 1, 2016.

In 2010, the entries would include the initial purchase of the bonds for $967,000, the commission payment of $1,000, and the first interest payment on Jan. 1, 2011. In 2011, the company would record two interest payments on Jan. 1 and July 1.

In April 2015, Bros Company sold 90% of the bonds (9,000) at $99 per bond plus accrued interest. The journal entry would include the sale of bonds for $891,000 ($99 x 9,000) and the accrued interest payment. In summary, the entries in 2010 include the bond purchase and commission, in 2011 the interest payments, and in 2015 the sale of 90% of the bonds and the accrued interest payment.

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An international compensation system is a framework for determining the pay, benefits, and rewards that a company offers its employees around the world.

The goals of an international compensation system are to attract, retain, and motivate employees across borders, maintain equity and consistency, and comply with local laws and regulations.

The key components of an international compensation system are base salary, bonuses, benefits, incentives, and perquisites.

Common types of incentives that companies offer internationally include stock options, profit-sharing, performance bonuses, and commission.

Equity and fairness in an international compensation system can be ensured by establishing clear job descriptions and performance standards, conducting regular performance evaluations, and using objective criteria to determine pay and rewards.

Common challenges that companies face in designing and implementing an international compensation system include cultural differences, local legal and regulatory compliance, language barriers, administrative complexity, and budget constraints.

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