Answer:
Equity or Economic equality is the concept or idea of fairness in economics, particularly in regard to taxation or welfare economics.
Answer:
Equity or Ecomics equality is the concept or idea of fairness in economics, particularly in regard to taxation or welfare economics
differentiate between Central Banks and other banks
Commercial banks serve individuals and businesses, while central banks serve the country's banking system. They provide money transfers back and forth between banks and governmental institutions both domestically and in cases of transactions with foreign entities.
Which tax withholding is required by the federal government?
The first step in assessing industry attractiveness is to paint a picture of the industry at the macro level. Market research firms, like MELT, can help develop effective business research and offer strategies for conducting it. Which of the following is NOT one of the six foundational macro forces that create change in industries and the markets they serve?
a. economic
b. demographic
c. global
d. technological
e. sociopolitical
Answer:
c. global
Explanation:
The organizational macroenvironment is composed of a group of agents external to the organizational environment that directly impact on business.
The six fundamental macro forces that create changes in the sectors and markets they serve are economic, demographic, technological, socio-political, socio-cultural and ecological forces.
It is necessary for organizations to know their macroenvironment, because through this analysis it is possible to identify threats and opportunities and thus remain competitive and well positioned in the market.
Renaissance Gallery converts photographs to portraits via a tedious hand painting process. Costs are tracked for each painting, with gallery overhead being applied at 130% of direct labor cost.
Renaissance Gallery began June with one job in process. This job related to the Price Wedding photo, and beginning work in process included total costs of $15,500 (direct labor, direct material, and applied overhead).
During June, four new jobs were begun. These consisted of the Ramirez family portrait, the Oberweiss farm photo, the Ravenwood big fish picture, and the Zhang baby picture. The only job remaining in process at the end of June was the Ravenwood big fish picture.
To date, $14,000 in direct labor and $4,400 of direct materials had been committed to the Ravenwood job.
Total direct labor incurred on all jobs during June was $70,100 Total direct material incurred on all jobs during June was $12,700.
(a) Compute the ending work in process inventory balance and the total cost assigned to finished jobs.
A. Ending work in process 36,820
Total costs assigned to finished goods 152,960
B. Ending work in process 36,580
Total costs assigned to finished goods 152,760
C. Ending work in process 46,600
Total costs assigned to finished goods 172,830
D. Ending work in process 36,600
Total costs assigned to finished goods 152,830
E. Ending work in process 36,420
Total costs assigned to finished goods 152,940
F. None of the above
Answer:
Renaissance Gallery
The ending work in process inventory balance and the total cost assigned to finished jobs:
F. None of the above
Explanation:
a) Data and Calculations:
Overhead application rate = 130%
Beginning work in process
(Price Wedding Photo) = $15,500
Direct labor costs incurred on
all jobs during June 70,100
Direct materials costs in June 12,700
Total cost incurred to date = $98,300
Ending work in process:
Direct labor $14,000
Direct materials 4,400 $18,400
Cost assigned to finished $79,900
jobs
what is a bond? in your own words. economics.
Answer:
A bond is a fixed income instrument that represents a loan made by an investor to a borrower bond could be thought of as an I.O.U. between the lender and borrower that includes the details of the loan and its payments.
Explanation:
what is a bond? in your own words. financially.
Answer: to me a bond is a very close friendship that is official and that is well known to the world
Explanation:
define default economics.
Answer:
Default is the failure to repay a debt, including interest or principal, on a loan or security. A default can occur when a borrower is unable to make timely payments, misses payments, or avoids or stops making payments.
Explanation:
Answer:
the failure to repay a debt
Explanation:
the failure to repay a debt
Kingbird Company prepared the tabulation below at December 31, 2022. Net Income $300,000 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense $25,000 Increase in accounts receivable $75,000 Decrease in inventory $15,000 Amortization of patent $4,000 Increase in accounts payable $7,500 Decrease in interest receivable $4,000 Increase in prepaid insurance $7,000 Decrease in income taxes payable $2,000 Gain on disposal of plant assets $10,000 Net cash provided (used) by operating activities
Show how each item should be reported in the statement of cash flows. (Show amounts that decrease cash flow with either a-signes -15,000 or in parenthesis es (15,000 LACEY COMPANY Partial Statement of Cash Flows LACEY COMPANY Partial Statement of Cash Flows Adjustments to reconcile net income to tments to reconcile net income to Gain on Disposal of Land Increase in Inventory Increase in Accounts Payable Decrease in Income Taxes Payable Net Cash Provided by Operating Activities Net Income / (Loss) Increase in Income Taxes Payable Depreciation Expense Increase in Prepaid Expenses Increase in Accounts Receivable Decrease in Accounts Payable Decrease in Prepaid Expenses Decrease in Inventory tbt Net Cash Used by Operating Activities Decrease in Accounts Receivable
Answer and Explanation:
The preparation of the partial cash flow statement is shown below:
Cash flow from operating activities
Net income $300,000
Add: Depreciation expense $25,000
Less: Increase in accounts receivable -$75,000
Add: Decrease in inventory $15,000
Add: Amortization of patent $4,000
Add: Increase in accounts payable $7,500
Add: Decrease in interest receivable $4,000
Less: Increase in prepaid insurance -$7,000
Less: Decrease in income taxes payable -$2,000
LesS: Gain on disposal of plant assets -$10,000
Net cash provided (used) by operating activities $261,500
When gathering information which of the following task might you need to perform
Answer:
take notes, research that information
_____ can be used for up to 90 percent of its assessed value.
Real estate
Accounts receivable
Insurance policies
Equipment
(ONLY ANSWER IF YOU ACTUALLY KNOW)