To record the rent expense for the month of January 2019, debit rent expense of $2,000 and credit prepaid rent of $2,000 respectively.$6,00 in supplies are debited. To record the expense for supplies for the month of January 2019, credit Supplies $6,000.
To record the depreciation expense for the month of January 2019, debit $250 for depreciation expense and credit $250 for accumulated depreciation.
To record the advertising spend for the month of January 2019, debit $200 for advertising expenses and credit $200 for prepaid advertising.).
Transaction and Data Analysis:
1. A $2,000 rent expense Rent in Advance: $2000
2. Materials Cost: $6,000 $6,000 in supplies ($7,600 - $1,600) $250 in depreciation costs Depreciation accumulated to $250 ($15,000/5 * 1/12).
$200 in advertising expenses $200 ($600/3) for prepaid advertising.
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5. assume that humongous bank is part of a multibank system. how much will money supply increase with that original $19 million loan?
Elasticity is an economic concept used to measure changes in the aggregate demand for goods or services with respect to price changes for the goods or services. A product is said to be elastic if the quantity demanded of the product changes disproportionately as the price of the product rises or falls.
Gasoline is one such type of product the market has found that consumers are buying the same amount even though the price is rising. Conversely, if the price of gasoline falls, consumers will buy the same amount.
Durable goods are an example of a product with elastic demand. These are items that are rarely bought, such as washing machines and cars, and can be moved if prices increase. For example, car discounts have been very successful in increasing car sales through lower prices.
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adam owes $125,000 on his home. it's currently worth $340,000. how much equity does adam have in his home?
Adam owes $125,000 on his home. It's currently worth $340,000. $215,000 is the equity does Adam have in his home.
What does equity mean in financial terms?Equity is the value that would be given back to a company's shareholders if all of the company's assets were sold off and all of its debts were settled. Another way to conceive of equity is as the amount of ownership that remains in a company or asset after all associated debts have been paid off.
What Distinguishes Cash from Equity?Cash is a form of currency that may be utilized for transactions right now, as opposed to equity, which must wait. This could involve investing in stocks, real estate, a car, food, etc. The cash worth of an asset is its equity, which is not yet converted into a currency.
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the providers at abc family medicine provide the codes for their services to the billing department. the compliance plan requires a review of the coding once a month. what is this an example of? a. a work plan b. monitoring c. internal review d. auditing
The purpose of this compliance program guidelines is to help individual and small group physician practices (hereafter referred to as "physician practices") 1 create a voluntary.
What factors will determine the compliance program's scope?The size and resources of the provider practice will determine the extent of the compliance program. Based on good current practice, the minimum necessary rule states that protected health information should not be used or disclosed unless absolutely necessary to achieve a specific goal or perform a specific function.
What does a compliance plan serve?Key Learnings. A company's personnel must abide by all applicable rules and regulations, which are ensured through compliance programs that lay out a set of standards and best practices. Compliance programs assist businesses in safeguarding their reputation against controversy.
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David Ricardo is the first great classical economist to detect, sharply, the line of demarcation between intranational and international trade, not on the basis of equal or absolute, but comparative differences between nations. O True O False
This is a true statement. David Ricardo, a well-known classical economist, was the first to distinguish between intranational and international trade in a distinct manner by emphasizing comparative rather than absolute, rather than equal, disparities between states.
What was deserving of the name David Ricardo?David Ricardo lived from 1772 until 1823. The eminent British economist David Ricardo was a significant contributor to the development of economic theory. In the creation and elaboration of the "Classical" theory of political economy, he was incredibly exact. In the 19th century, Ricardo's legacy had a big impact on economic theory.
Ricardo presented a convincing argument in favor of free trade at a time when it was a divisive political topic. According to reports, in a system of entirely free trade, each country would naturally concentrate its resources on initiatives that benefited it the most.
According to Ricardo's well-known comparative advantage thesis, countries can obtain a trade advantage by concentrating on producing items that have the lowest opportunity costs in compared to those of other countries.
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what manufactured products are produced in pakistan and bangladesh what manufactured products are produced in pakistan and bangladesh
Garments, technology, textiles are the manufactured products produced in pakistan and bangladesh.
A product is an object, or system, or carrier made available for customer use as of the purchaser call for; it's far anything that can be offered to a market to satisfy the choice or want of a client.
A product is any item or carrier you promote to serve a consumer's want or need. They may be physical or digital. physical merchandise include long lasting goods (like vehicles, fixtures, and computers) and nondurable items (like meals and drinks).
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if a competitive firm hires another full-time worker, total output will increase from 100 units to 110 units per week. suppose the market price of output is $25 per unit.what is the maximum weekly wage at which the firm would hire that additional worker?
The maximum weekly wage at which the firm would hire that additional worker is $250.
With a market price of $25 and 110-100 units produced, the additional worker gave the company 10 extra units.
Therefore, 10 * $25 = $250 is the marginal revenue product of labour.
What is marginal revenue?
The increase in revenue that comes from selling one more unit of output is known as marginal revenue. Although marginal revenue can remain constant at a certain level of output, it will eventually start to decline as the output level rises due to the law of diminishing returns.
Is marginal profit the same as marginal revenue?
The additional expense or profit made when producing the following unit is referred to as marginal. While marginal cost is the additional cost for producing one extra unit, marginal product is the additional income earned. The difference between marginal cost and marginal product is known as marginal profit.
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identify the features of a drop-off survey. (check all that apply.) multiple select question. completed surveys are picked up by a representative of the researcher or returned by mail. completed surveys are almost immediately analyzed by a representative of the researcher. complex or confusing survey questions can be clarified by a representative of the researcher. survey forms are hand-delivered to respondents by a representative of the researcher.
In drop off survey, d) survey forms are hand-delivered to respondents by a representative of the researcher.
In this survey, a representative of the researcher hand-delivers a self-administered questionnaire to selected respondents. Drop-off surveys have a higher response rate than mail-out surveys, but they take more time to complete.
Although online and mobile polls are frequently the least expensive survey research methods, they might not reach respondents who can only participate in other ways. If significant respondents are excluded from the study, the results of online and mobile surveys may suffer and differ significantly.
Using more conventional techniques, like paper surveys or in-person interviews, may make it simpler to reach difficult-to-reach respondents. The completed forms are either mailed or picked up again at a later time and returned to the researcher.
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in 2018, a wind farm developer was ordered to dismantle its newly constructed wind turbines after adjacent residents filed a lawsuit complaining that they never consented to the loud noise and visual obstructions of the turbines. how could the wind farm developer have utilized insights from the coase theorem to avoid its legal troubles and ultimately wasting millions of dollars on wind turbines it never got to operate? select all situations that would apply. the developer could have asked the government to set a quota on electricity generation for the wind farm so there would be down time from the noise. the developer could have paid people living near the wind farm a stipend for putting up with the noise and the restricted views. the developer could have petitioned the local and state government to fund the wind farm. the developer could have invested in improved infrastructure for power generation to lower residents’ electricity costs as well as to promote the use of wind farms.
The developer could have paid people living near the farm a stipend for putting up with the noise and restricted views. Option (b) is correct.
Developers of wind energy look for possibilities and suitable locations to erect large-scale wind energy facilities. They oversee the product's design, production, and marketing as well.
The developer may have made investments in better power generation infrastructure to reduce homeowners' electricity expenses and to encourage the usage of wind farms.
A renowned power engineer named Maneklal Sankalchand Thacker launched a project with the Indian Council of Scientific and Industrial Research (CSIR) in December 1952.
Therefore, Option (b) is correct.
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We are an organization that strongly supports the 2nd amendment and we prepare responsible american gun owners to avoid danger, save lives, and keep their loved ones safe. How does our mission resonate with you?.
As an organization that strongly supports the 2nd amendment by preparing "responsible american gun owners to avoid danger, save lives, and keep their loved ones safe", the mission of this entity resonates because the society had recent problems with wrong handle of guns, instead of for protection.
What does the 2nd amendment provides?The Second Amendment to the U.S. Constitution states: "A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed".
Its aims at protecting an individual right to possess a firearm unconnected with service in a militia and to use such arm for lawful purposes such as self-defense within the home.
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under agency theory, a manager should seek to align between principals and agents to minimize opportunism. multiple choice question. work schedules educational backgrounds disciplinary actions incentives
Under agency theory, a manager should seek to align disciplinary actions incentives between principals and agents to minimize opportunism.
The focus of agency theory is on interactions between parties where one assigns some decision-making authority to the other. In certain circumstances, one party gives another party authority to make choices on their behalf. For example, the "principal" and "agent" in a modern corporation would be a shareholder and management, respectively. In exchange for an incentive, such as a fee, the principle would grant the agent some decision-making power, and the agent would then be in charge of maximizing the principal's investment. There are other agency relationships as well, including those between employers and workers, professionals like lawyers and doctors and their patients, and public servants and citizens. Delegation in corporate settings frequently takes the form of a formal contract.
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at a certain company, loan agents are paid based on the number of loans they close in a day. based on company records, the number of loans x that a randomly selected loan agent closes on a randomly selected day has the probability distribution below.x1234567p(x)0.050.100.220.300.180.120.03at the company, the daily salary of a loan agent is $150 plus $50 per loan closed. let y represent the amount of money made by a randomly selected loan agent on a randomly selected day. which of the following statements is not true?
The rejoinder Which of the preceding propositions is not true reveals that the average daily wage exceeds $350.
What else do you mean by a loan?A sort of obligation that a people or other entity accrues is a loan. Its lender, which is often a company, higher education institution, or the government, advances money to the borrower.
What are a loan and credit?A credit is granted to the customer either by bank which can be used even though the consumer recognizes fit—either using the current sum loaned, a part of it, or nothing and. In comparison to a loan, which delivers the entire balance requested at once once it is issued.
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bagrov corporation had a net decrease in cash of $16,000 for the current year. net cash used in investing activities was $58,000 and net cash used in financing activities was $44,000. what amount of cash was provided (used) in operating activities?
Bagrov corporation had a net decrease in cash of $16,000 for the current year. $86000 was provided (used) in operating activities.
Net decrease in cash = Net cash provided in operating activities- (Net cash flow from investing activities + Net cash flow from financing activities)
-$16,000 =Net cash provided in operating activities - ($58,000+ $44,000)
-$16,000 = Net cash provided in operating activities - $102,000
Net cash provided in operating activities= $86,000
What are the cash flow statement's operating activities?
The amount of money a business earns from ongoing, routine business operations, such as producing and selling products or offering clients a service, is known as cash flow from operating activities. It is shown as the first portion of the cash flow statement for a corporation.
Where are investmenting activity?
Long-term asset acquisition or disposal are considered investing activities. This can apply to the acquisition of marketable securities, the sale of a building, or the acquisition of a business vehicle.
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social media platforms provide first impression management tools for corporations and individuals to showcase their own brands and reputations. group of answer choices true false
True social media platforms provide first impression management tools for corporations and individuals to showcase their own brands and reputations.
How does social media platforms help corporations?It entice clients, get client opinions, and foster client loyalty. expand your market reach to include global markets. lower marketing expenses by conducting market research. By creating consumer networks and advertising, revenue can be increased.
For businesses, having a distinctive voice and connecting with customers on a personal level are more important than ever. Social media offers a simple way to build a visual brand, giving you the chance to establish an identity and a voice to communicate your business's values and interact with followers.
You can turn them into brand advocates for your company in the same manner you want to with your customers by leveraging social media for business communications and creating appealing content. As a result, your employees will feel more connected to your brand and work harder for it.
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a bank recognizes a gain upon securitizing receivables because multiple choice question. the present value of the securities sold to the investors is calculated at a lower interest rate. the book value of the receivables exceeds the proceeds received from the investors. the present value of the securities sold to the investors is less than the book value of the receivables. it treats the securitization as a collateralized borrowing.
When receivables are packaged into securities and sold to investors, a bank gains because the current value of a securities is estimated at a lower interest rate.
Where can I keep money if I don't have a bank account?Prepaid cards are one method of money storage. Cash can be placed onto prepaid cards. Most larg businesses corner shops, and gas stations carry one. When you do not have a bank-issued bank card or even a credit card, these cards might be a terrific method to keep cash and conduct online transactions.
Why is it called a bank?Since Italian merchants inside the Renaissance formed agreements to borrow & lend money next to a bench, the word bank is derived from the Italian word banco, which means bench They set up the.
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The use of _________ can result in employee resistance and other forms of dysfunctional behavior on the part of the follower.
Position power
coercive power
reward power
legitimate power
The use of legitimate power can result in employee resistance and other forms of dysfunctional behavior on the part of the follower. So, the correct answer is option d.
The manager's position within the company and the authority that comes with it give rise to legitimate power. The genuine authority that comes with holding a position of leadership within an organisation is acknowledged by subordinates.
Employees of a management voluntarily comply with requests made of them because they feel the manager has the right to make those decisions. Kelly is aware that Jack, her boss, has the authority to grant or deny her request for personal time off, for instance, when she asks him to do so. Kelly must obey Jack's choice regardless matter what it is.
When subordinates behave in a way that meets or exceeds performance objectives, managers have the authority to reward those subordinates.
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Answer: coercive power
Explanation: use of force breeds resistance
For a given labor demand curve, which of the following is not held constant?
A. the production function
B. the price of the input
C. the productivity of labor
D. the price of labor
Labor is one of the main factors of production in Economics and is a vital component to any production function. Labor can be thought of as the necessary input required from humans in order to produce goods and services (e.g. assembly line workers).
For a given labor demand curve, the production function is not held constant.
The labor demand curve illustrates the number of people that companies are willing to recruit when the salary is set at a particular level. A movement to the right on the labor demand curve is an indicator of rising labor demand. The curve swings to the left if demand declines.
Plot the marginal revenue product of labor you computed above on a labor demand schedule or graph that has the number of employees on the X axis and net revenue, after deducting wages, on the Y axis to arrive at your labor demand curve. This is the firm's labor demand curve based on the marginal revenue product of labor.
Hence the correct option is A
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Need HELP 100 POINTSScarcity is the idea of satisfying unlimited wants and needs with limited resources. Which of the following is an example?
A. The customer is always right, so his/her needs should be met.
B. More resources could be grown or built to satisfy the need.
C. Everyone needs food, but there is not enough.
Answer:
C
Explanation:
the definition of scarcity is to subsist with a scarce amount of something, or to have a very little amount of something. When there is a community of people with not enough food to go around, scarcity is the issue, and food must be allocated carefully.
will, jill, and phil are all wheat farmers. the wheat industry is perfectly (purely) competitive. the first chart shows how much each farmer produces at different price levels. the second chart shows each farmer's minimum average total cost (atc), average variable cost (avc), and marginal cost (mc). based on this data (assuming these three are the only producers), plot the industry supply curves: one for the short and a second for the long run.
Short-run Quantity Supplied
Price, $ Will Jill Phil
2.00 4 2 0
4.00 6 4 2
6.00 9 5 4
8.00 12 8 6
Firm Will Jill Phil
Minimum ATC, $ 2.50 5.00 7.00
Minimum AVC, $ 1.00 2.00 2.50
Minimum MC, $ 0.50 1.00 2.00
Supply curve
The supply curve is a graphical depiction of the market supply of products and services sought by customers and released by the manufacturer to meet those demands. Thus, a supply curve depicts the connection between the price of an item or service and the amount delivered over a specific period.
The market supply of goods and services that consumers want and that producers release to satisfy those wants are represented graphically by the supply curve. Consequently, a supply curve shows the relationship between the cost of an item or service and the volume delivered over time.
P=MC represents the short-run supply, where P is bigger than the AVC (i.e., above AVC minimum). The following table shows the short-run supply.
Price Will Jill Phil Total (Short-term Supply)
$2 4 2 0 6
$4 6 0 0 12
$6 9 5 4 18
$8 12 8 6 26
The total of all three production levels at each price would represent the short-term supply.
Long-term supply would be kept to a bare minimum by the ATC. The table would appear as follows:
Price Will Jill Phil Total (Short-term Supply)
$2 0 0 0 0
$4 6 0 0 6
$6 9 5 0 14
$8 12 8 6 26
When the lowest (possible) price exceeds ATC's lowest (possible) price, there will be a long-term supply. This is how the graph would appear. (Graph is attached in the image section)
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which report summarizes the overall financial worth of an organization, such as assets and liabilities, at a specific point in time?multiple choice question.
A balance sheet describes an organization's whole financial position, including its assets and liabilities, at a particular point in time.
What are Financial Statements?Financial statements are written records that outline a company's operations as well as its financial success. Government organizations, accounting firms, and other entities frequently audit financial statements to assure their accuracy and for reasons related to taxes, financing, or investment.
What is a balance sheet?A balance sheet is a financial statement that lists the assets and liabilities of a corporation at a certain point in time. It is one of the three primary financial statements—the other two being the income statement and cash flow statement—that are used to assess a company's performance.
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fulbright corporation uses the periodic inventory system. during its first year of operations, fulbright made the following purchases (listed in chronological order of acquisition): 40 units at $100 per unit 70 units at $80 per unit 170 units at $60 per unitsales for the year totaled 270 units, leaving 10 units on hand at the end of the year.ending inventory using the lifo method is:
Fulbright employer makes use of the periodic stock device throughout its first 12 months of operations, fulbright made the subsequent of the 12 months finishing inventory the use of the lifo method is $707.
C. $707.
[(40 x $100) + (70 x $80) + (170 x $60)] = $19,800 ÷ 280 units = $70.71 according to unit 10 gadgets x $70.seventy one = $707 (rounded)
The periodic stock machine makes use of an occasional physical rely to degree the level of stock and the price of products sold. The perpetual machine keeps track of inventory balances constantly, with updates made robotically every time a product is acquired or bought.
The primary distinction among the periodic and perpetual stock systems is the perpetual system maintains a chronic record of stock transactions, whereas the periodic system data those transactions handiest at the quit of the duration.
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what is the net present value of an investment with the following cash flows if the required rate of return is 9%? year cash flow 0 -$17,000 1 $ 7,000 2 $ 3,000 3 $13,000
The net present value of the investment will be $33,013.5
Given,
rate of interest (r)= 9% or 0.09
n = 4
cash flows are given as :
year 0 = $17000
year 1 = $7000
year 2 = $ 3000
year 4= $ 13000
Taking values from the NPV table for 4 years at 9%, we get them as 0.9174, 0.8417,0.7722,0.7084
Substituting the above values we get:
NPV = cash flow * PVF (9%, 4 years)
NPV = 17000*0.9174 + 7000*0.8417 +3000*0.7722+13000*0.7084
NPV = 15,595.8 + 5891.9 + 2316.6 + 9209.2
NPV = 33,013.5
So, the net present value of the investment will be $33,013.5
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some nations make manufacturers responsible for reducing e-waste. companies must recover used and discarded electronic equipment that they sell to customers. do you think this is a good idea? would you support it?
E-waste is collected in industrialized nations in order to salvage some valuable materials and securely get rid of the harmful compounds they contain, such as lead, cadmium, mercury, dioxins, and furans. E-waste is mostly gathered in poor nations in order to recover a few valuable metals.
What is e-waste?
Old electrical or electronic equipment is referred to as "electronic rubbish," or "e-waste." Used electronics that are meant to be recycled through resource recovery, rehabilitation, reuse, resale, or disposal are referred to as e-waste. Depending on their density and condition, some materials included in various electrical equipment might be harmful. In California, for instance, non-operational cathode ray transistors (CRT) from television and monitors are presently regarded as dangerous.
By making wise purchases and maintaining your equipment, you may lower your production of electronic trash. Products that can't be fixed should be recycled. As it is against the law to do so in California, computer monitors, TVs, and other electronic should NOT be thrown out with conventional trash. To locate a company that can handle managing your gadgets for recycling.
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The development team at an e-commerce company is preparing for the upcoming Thanksgiving sale. The product manager wants the development team to implement appropriate caching strategy on Amazon ElastiCache to withstand traffic spikes on the website during the sale. A key requirement is to facilitate consistent updates to the product prices and product description, so that the cache never goes out of sync with the backend.
As a Developer Associate, which of the following solutions would you recommend for the given use-case?
Have used a caching strategy as a Development Associate to write to a backend first, then expire the cache.
How would you define a strategy?A plan explains the steps that will be taken to achieve the objectives (goals) (resources). A pattern of behavior that develops as the organization competes and adapts towards its environment might be considered a strategy. It entails tasks like strategic planning thought.
How does a strategic analysis work?Choose your strategic stance. Set goals in order of importance. Put together a strategy plan. Manage and carry out your plan. Examine and update the plan. A strategy defines the long-term focus and direction of an organization. Through the effective allocation of resources, it aids a business in gaining an edge over rivals.
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lopez company is considering replacing one of its old manufacturing machines. the old machine has a book value of $47,000 and a remaining useful life of four years. it can be sold now for $57,000. variable manufacturing costs are $45,000 per year for this old machine. information on two alternative replacement machines follows. the expected useful life of each replacement machine is four years. machine a machine b purchase price $ 123,000 $ 136,000 variable manufacturing costs per year 18,000 14,000 (a) compute the income increase or decrease from replacing the old machine with machine a. (b) compute the income increase or decrease from replacing the old machine with machine b. (c) should lopez keep or replace its old machine? (d) if the machine should be replaced, which new machine should lopez purchase?
The income increase from replacing old machine with Machine A is $21,800.
What is an income?Income, which generally refers to an entity's capacity to save and consume money over a specific period of time, is expressed in monetary terms. Income is a difficult concept to define, and different sectors could have different definitions. According to tax law, income is a total that accounts for all wages, salaries, profits, interest payments, rent, and other types of earnings that families and individuals in the United States receive over the course of a year. Discretionary income is sometimes defined as gross income minus taxes and other deductions in order to compare the well-being of taxpayers. In the subject of public economics, the concept of consuming ability may include the accumulation of both monetary and non-monetary resources, with the latter serving as a proxy for total income.
New income= ($56,400 - $44,600 + $10,000)
= $21,800
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Several years ago, Tamika Company issued bonds with a face value of $603,000 at par. As a result of declining interest rates, the company has decided to call the bond at a call premium of 7 percent over par.
Required:
Record the retirement of the bonds.
Bond retirement is also known as bond reimbursement. The equalization will be repaid with interest on the reimbursement date.
When recording bond retirements, use a discount account:Bonds are assumed to be worth $603,000, and their current book value is estimated to be $645,210. T will be paid back with a 7% premium. $42,210 is the total ($603,000 x 7%). The bond guarantor must give the investor $65,210 ($603,000 + $42,210) on the date of reimbursement. The $42,210 excess payment should be viewed as bad luck for the bond call.
Here are the journal entries to reflect bond retirement:Bonds payable are debited by $603,000
Debit: $42,210 is the loss on bond call.
Citation: Cash $642,210 = [$603,000 x (1 + 0.07)]
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Which of the following statements about a change in reporting entity are true? (Select all that apply.)
Check All That Apply
A change in reporting entity occurs as a result of changing specific companies that constitute the group for which consolidated or combined statements are prepared.
A change in reporting entity occurs as a result of changing specific companies that constitute the group for which consolidated or combined statements are prepared.
For changes in entity that result from changes in accounting rules, the prior-period financial statements that are presented for comparative purposes must be restated to appear as if the new entity existed in those periods.
For changes in entity that result from changes in accounting rules, the prior-period financial statements that are presented for comparative purposes must be restated to appear as if the new entity existed in those periods.
When one company acquires another one, the prior-period financial statements that are presented for comparative purposes must be restated to appear as if the new entity existed in those periods.
When one company acquires another one, the prior-period financial statements that are presented for comparative purposes must be restated to appear as if the new entity existed in those periods.
When there is a change in reporting entity, disclosure note is not required.
The statements about a change in reporting entity are true is A change in reporting entity occurs as a result of changing specific.
A reporting entity is any entity (including business entities) that can reasonably be expected to have users who rely on common financial reports for information that aids decision-making and evaluation of scarce resource allocations. is.
A reporting entity is an entity that is required or elects to prepare financial statements. A reporting entity may be a single entity, part of an entity, or include multiple entities (consolidated reporting). A reporting entity is typically, but not necessarily, a legal entity.
The definition of reporting entity is primarily based on the concept of financial accountability. The primary government is financially responsible for the organizations that make up its legal entity.
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what would be the effect on operating income of accepting a special order for units at a sale price of per product?
A special order will only result in a gain in net operating income if the revenue it generates outweighs the additional costs it incurs.
Which should I think about before accepting a special order?Before deciding whether to accept a certain order, management must take into account a variety of factors, including the amount required to complete the order. if the buyer's suggested price will cover the production costs.
What does "special order decision" mean?The management of a corporate organisation makes special order decisions while deciding whether or not to process an unusual request from the customers. Typically, a request for a cheaper price on an order in quantity or that is customised is involved.
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wes, who is an art collector, offered to buy a print from le monde gallery. le monde balked at the price, sending wes a letter of rejection. that day it discovered that the print was not as highly valued as originally thought. le monde immediately telephoned wes to accept his offer. is there a contract?
He learned that day that the print wasn't as valuable as he had first believed. Le Monde contacted Wes right away to accept their offer. Because acceptance happened before rejection, there is a contract.
An agreement between parties that creates a legally binding obligation on each other is known as a contract. Legal offer and acceptance, the consent of both parties as demonstrated by appropriate consideration, competence and legality, and the consent of both parties are fundamental requirements for an agreement to be reached. becomes a legally binding contract.
The main function of a contract is to formally establish new relationships and to impose a variety of legal obligations that each party has to the other. Today, companies rather than individuals negotiate most contracts.
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if merchandise inventory is being valued at cost and the price level is steadily rising the mehtod of cositng that will yield the highest net income is
if merchandise inventory is being valued at cost and the price level is steadily rising the method of costing that will yield the highest net income is FIFO.
The cost of completed products (COGS) that a retailer or wholesaler has on hand to sell to its clients during a specific accounting period is referred to as merchandise inventory. The price of the books or periodicals a bookshop has for sale would be considered part of its goods inventory. Since the company intends to sell its merchandise inventory for money, it is regarded as a "current asset".
The term "FIFO" refers to the principle that the first items saved should be retrieved first. "First in first out" simply implies that you should mark your food with the dates you stored it and arrange the older goods in front or on top so that you utilize them first.
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According to the evolution of HR work, the administrative work of HR personnel, such as the terms and conditions of work, delivery of HR services, and regulatory compliance were the focus of which of the following? Wave 3 Wave 4 Wave 1
Waves 5
The wave that focuses on the terms and conditions of work within HR work is Wave 1 that is option C is correct.
The Human Resource management is an important aspect within any organization as it is the HR team that looks at the overall management process of the organization from hiring to terminating processes. The evolution of Human resources management has taken place in four waves namely Wave 1 or HR administration, Wave 2 or HR practices. Wave 3 or HR strategy and Wave 4 or HR outside in. These four waves within the HR management has led to development of the stream in all perspectives. The first wave consists about the description of all the administrative works of the HR executive. It also tells about the working hours, salary, working conditions, etc.
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