pratt corporation started the year 2 accounting period with total assets of $30,000 cash, $12,000 of liabilities, and $5,000 of retained earnings. during the year 2 accounting period, the retained earnings account increased by $7,550. the bookkeeper reported that pratt paid cash expenses of $26,000 and paid a $2,000 cash dividend to stockholders, but she could not find a record of the amount of cash revenue that pratt received for performing services. pratt also paid $3,000 cash to reduce the liability owed to a bank, and the business acquired $4,000 of additional cash from the issue of common stock. assume all transactions are cash transactions.

The amount by which an additional unit of a good or service changes a consumer's total satisfaction, all other things unchanged, is utility. expected maximum average marginal utility.

The pleasure a consumer has from owning one additional unit of an item or service is known as marginal utility. The idea of marginal utility is used by economists to forecast how much of a good consumers would purchase.

When the consumption of an additional item raises total utility, this is known as positive marginal utility. On the other side, negative marginal utility happens when one extra unit is consumed and the overall utility falls.

The concept of marginal utility is used by economists to examine how customer satisfaction levels impact purchasing decisions. The theory of diminishing marginal utility is another one that economists are aware of. It demonstrates how the first unit of consumption of a good or service is more useful than subsequent ones.

Learn more about marginal utility:

https://brainly.com/question/13194829

#SPJ4

The probability that a business or person won't have enough money to satisfy their financial responsibilities (pay their bills on time) is referred to as liquidity risk.

When a business can't acquire or sell an investment in time to produce enough money to fulfil its debts, there is a risk. Liquidity is the simplicity with which an asset may be turned into cash without impairing its market value. When a company, group, or financial institution is unable to meet its short-term loan commitments, liquidity risk develops. Due to a lack of buyers or an inefficient market, the investor or company could be unable to sell the asset for cash without suffering financial loss. Due to their heavy reliance on borrowed funds, financial institutions are routinely scrutinised to determine whether they can repay their obligations without experiencing substantial losses that might be devastating. As a result, institutions are required to follow strict compliance guidelines and submit to stress tests to determine their financial stability.

Learn more about liquidity at

https://brainly.com/question/14152132

#SPJ4

based on your understanding of the factors that affect the cost of money, Both the statements are true.

1. Interest is the price paid to borrow funds. When an individual or organization borrows money, they are required to pay back the principal amount plus an additional amount, known as interest. This interest is the cost of borrowing money and is typically expressed as a percentage of the principal amount.

2. Higher inflation leads to lower interest rates. In general, when inflation is high, the value of money decreases, and it becomes less expensive for borrowers to repay loans. As a result, lenders will often lower interest rates to attract borrowers and maintain a steady level of demand for loans.

The cost of money alludes to the cost paid for utilizing the cash, whether acquired or possessed. Each amount of cash utilized by organizations bears cost. The premium paid on obligation capital and the profits paid on possession capital are instances of the expense of cash.

Know more about Cost of Money - https://brainly.com/question/9583229

#SPJ4

Beulah will pick how many hours to work in a way that maximizes her utility, or in other words, she will decide based on her preferences.

What kind of utility does this represent?

Telecommunications, electrical utilities, natural gas, some transportation services, as well as water and wastewater treatment offered by private businesses, are all examples of utility services.

The term "utility" in economics refers to the value or worth of a good or service. Utility is, more specifically, the overall pleasure or value received from employing a good or service.

The satisfaction of using products or services is the best reason for utility. Utility is the satisfaction one feels after consuming products and services.

Know more about  preferences Visit:

https://brainly.com/question/24261062

#SPJ4

The concept is Gross National Income. This is the total amount earned by individuals and businesses in a country.

Gross National Income, formerly known as Gross National Product, is the sum of domestic and foreign production reported by a given country's population, consisting of Gross Domestic Product plus factor income earned by foreign residents, minus labor income in the country. the economy by non-residents.

The main advantage of GNI as an economic measure is that it takes into account all revenues that flow into the economy, both domestically and abroad. It measures 98% of the country's total income.

GNI includes all taxes on the product that were not previously included, except for its subsidies. Includes foreign direct investment and foreign or development assistance. However, it does not take into account the black market economy.

To know more about Gross National Income,

brainly.com/question/29646288

#SPJ4

Because of the multitude of racial and ethnic identities in the U.S. consumer base, in-depth  market research. is necessary for  successful multicultural marketing

While the economic difference in America as a whole is widening, the disparity between the haves and have-nots is especially pronounced across different racial and ethnic groups. As a result, there are significant disparities based on ethnicity in areas such as internet access and preferred communication techniques. Consider the following essential statistics from the United States Census Bureau:

African Americans have a poverty rate of 25.4%, compared to 14.7% for the overall US population. The median household income of Asian Americans is higher than that of the general population ($77,166 vs. $56,516 correspondingly).

In all, 80% of Hispanic people use a mobile device to access the internet.

Hence, successful multicultural marketing needs in-depth market research.

Learn more about marketing here:

https://brainly.com/question/24906199

#SPJ4

The best strategy to do work is to consider its importance and how it will affect us. I would like to work on a current project first because the importance and impact are both high before looking at a customer concern.

With a Rank Order scale, the respondent is given a list of things and asked to arrange them in some way. Order can be measured in terms of things like preference, importance, likeability, efficacy, and so forth.

Here, two tasks—investigating client issues and continuing projects—have great priority and significance in the aforementioned works. Additionally, each task takes four hours.

As a result, I will focus on these two tasks today and leave the others, which are less important or urgent, for tomorrow. Team meetings are low priority and have little effect, so I saved them for last.

Therefore, the best strategy to do work is to consider its importance and how it will affect us. I would like to work on a current project first because the importance and impact are both high before looking at a customer concern. Even though training is a top priority, it has a low impact, therefore I maintained it in third position.

To know more about the rank order, visit:

https://brainly.com/question/28370434

#SPJ1

Thus, the complete diagram is:

While there are incentives to work hard in the private sector for capitalist, socialist, and mixed economies, there is little incentive to work in a communist economy.

In economic and business, A communist economic system generally can be defined as one of the economic type that has a characteristic by advanced productive technology that enables material abundance. A productive technology in the communist economic system will enable the free distribution of most or all economic output and the holding of the means of producing this output in common.

Here you can learn more about communist economic https://brainly.com/question/30338668

#SPJ4

The concept here is Customer Value, which is the perception of what a product or service is worth to a customer The answer is option b, false.

Consumer value can be influenced by family and the environment. It is widely recognized that creating consumer value plays an important role in a company's success, competitive advantage, and long-term success and is the foundation of all corporate marketing.

The main reason why customer value is important is that it influences customer satisfaction. A rational customer compares benefits and costs.

Buy a product when the benefits outweigh the costs, which satisfies him. Customer value models are based on a cost-benefit assessment of a specific market offering in a specific customer application.

To know more about Customer Value,

brainly.com/question/28535997

#SPJ4

None of the mentioned  options are correct. To capitalize the NOI, the net sales price will be $12,618,333.33

The Net Sales Price can be determined by capitalizing the NOI using the formula:

Net Sales Price = NOI / (Cap Rate - Selling Costs)

Plugging in the given values:

Net Sales Price = $946,250 / (0.105 - 0.03) = $946,250 / 0.075 = $12,618,333.33

The net sales price is the final amount that a customer pays for a product or service, after any discounts or deductions have been applied. It is calculated by subtracting any applicable taxes, fees, or other charges from the gross sales price. For example, if a customer purchases a $100 product and has a $20 coupon, the net sales price would be $80. If the customer also receives a 10% discount, the net sales price would be $72.

Know more about how to calculate Net Sales Price - https://brainly.com/question/29199569

#SPJ4

In order to determine if Home Depot has a competitive advantage, we must compare its performance to the performance of other firms in its industry.

A competitive advantage in business is a quality that enables a company to outperform its competitors. However, Home Depot is gaining a larger portion of this growing market. Its net income has increased by 50% more than Lowe's over the past ten years. Despite not adding new stores, return on invested capital has increased to double Lowe's level, and since 2011, its revenue growth has outpaced Lowe's. All of this points to the existence of a sizable competitive advantage for the top retailer in the home improvement sector.

The ability to perform better than rivals in the same business or market is referred to as having a competitive edge. This skill is acquired through traits and resources. Due to current concerns about higher performance levels of organizations in today's competitive market, the study of this advantage has gained significant research interest.

To know more about competitive advantage, refer to the following link:

https://brainly.com/question/26514848

#SPJ4

The statement the ancient Romans were responsible for establishing the first hospitals  is false .

The ancient Romans  were not the first to  established  the first hospital but  rather the French.  The French were responsible for establishing the first hospitals .

The ancients romans were known as the first  to have a health record or  the first to keep health record.

Therefore the statement is false because the ancient romans were the not responsible for establishing the first hospital.

Learn more about ancient romans here:https://brainly.com/question/1892495

#SPJ1

You can see that my stages are: customer perception/image, market performance, financial value, and marketing engagement.

To learn more about financial value, refer to:

https://brainly.com/question/29657673

#SPJ4

The net present value of this investment is 21493.

Text "NPV" = R t / (1 + i)t

NPV stands for net present value.

Rt = current net cash flow

discount rate = t I

T is the time of the cash flow.

21000 / (0.08+1 ) 3 = 26453.

47947 - 26453 = 21493.

To learn more about net present value refer To:

https://brainly.com/question/18848923

#SPJ4

For the subsequent three years, the device will produce $21,000 in yearly net cash flows. A 8% discount rate is applied by the business. The net present value of this investment is 21493.

What is the net present value ?

The difference between the current value of cash inflows and withdrawals over a period of time is known as net present value (NPV). To evaluate the profitability of a proposed investment or project, NPV is used in capital budgeting and investment planning. The Net Present Value (NPV) of a sequence of cash flows can be determined using the NPV formula using a given discount rate.

Text "NPV" = R t / (1 + i)t

NPV stands for net present value.

Rt = current net cash flow

discount rate = t I

T is the time of the cash flow.

21000 / (0.08+1 ) 3 = 26453.

47947 - 26453 = 21493.

When calculating the value of an investment, the NPV formula may be highly helpful for financial analysis and financial modelling.

To learn more about net present value refer To:

brainly.com/question/18848923

#SPJ4

If both the buyer and the seller were allowed a reasonable amount of time to complete the transaction, the product would sell for its fair market value (FMV) on the open market.

A completed transaction is an agreement between a buyer and a seller to trade goods, services, or financial assets in exchange for cash. These are some instances of transactions: to compensate a supplier for products or services received. acquiring ownership of a property that was once the seller's property by paying the seller with cash and a note. compensating a worker for their time. Money transfers into or out of your bank account are referred to as bank transactions. A few examples of bank transactions are cash withdrawals or deposits, cheques, internet payments, debit card charges, wire transfers, and loan payments.

Learn more about transaction here

https://brainly.com/question/1016861

#SPJ4

Answer:

Explanation:

The carrying value of the investment will fluctuate as the equity of the subsidiary changes if the parent utilizes the equity method to record the investment in a subsidiary on its books.

A parent may carry an investment in a subsidiary that it will consolidate using the cost method, the equity method, or any other method listed on its books.

The subsidiary accounting equity technique

The revenue from a parent company's subsidiary firm (or subsidiaries) is recorded using the equity method and is reported on the parent company's non-consolidated financial statements. The investment of the parent firm is first reported at cost.

Cost, equity, and consolidation are the three accounting procedures that might be used in this circumstance.

An income statement, also known as a profit and loss statement, is a financial document that shows a company's revenues and expenses over a specific period of time, such as a year.

The purpose of an income statement is to show a company's financial performance and to determine its net income, which is the difference between its total revenue and total expenses.

In this scenario, I am the president of High Power Corporation and at the end of the first year of operations, December 31st, the company has several financial data available such as accounts payable, accounts receivable, cash, common stock, dividends, equipment, notes payable, operating expenses, other expenses, sales revenue, and supplies. Using this information, I am required to prepare an income statement for the year ended December 31.

It's important to note that this statement does not include any depreciation or amortization expenses for the year, which would be included in a more detailed financial statement. Additionally, this statement only shows the performance of the company for one year, but to have a better understanding of the company's financial performance, it's better to compare it with the previous years or with the industry average.

To know more about revenue ,click here:

brainly.com/question/8645356

#SPJ4

It prevents intentional or unintentional current liabilities by requiring enterprises to really show their ability to refinance on a long-term basis in addition to just wanting to do so.

To learn more about refinance refer to:

https://brainly.com/question/18329422

#SPJ4

By comparing the opportunity cost of producing liquor in the two countries, you can tell that Wales has a comparative advantage in the production of liquor and Poland has a compartive advantage in the production of sunflowers.

Comparative advantage refers to the ability of a country to produce a product in a more efficient and economically competitive manners. Comparative advantage occurs when a country able to produce a product with lower opportunity cost than others. Comparative advantage of a country is used as the reason for a country to do international trade.

Opportunity cost refers to the potential benefits a country misses out when choosing to produce one alternative over another.

In this case, we know that Poland's opportunity cost to produce a case of liquor is 6 bushels of sunflowers. Meanwhile Wales' opportunity cost for producing a case of liquor is 11 bushles of sunflowers. From this information, we can know that Wales have comparative advantage in producing liquor than Poland, and Poland has comparative advantage in producing sunflowers than Wales.

Learn more about Comparative Advantage here: brainly.com/question/13232655

#SPJ4

Option C. STP. Segmentation, targeting, and positioning is a method that marketing managers use to find and assess various prospects. These offer businesses the chance to discover more about their clients.

The company first divides the market into subgroups or segments, chooses which of those segments it should pursue or target, and then chooses how to position its goods and services to best suit the demands of those selected targets.

separating the market into categories combating the harmful effects of the environment outside positioning its goods and services to be in line with the demands of the targeted market Choosing the subgroups that should be pursued 1. Segmenting the market into smaller segments 2. Selecting the appropriate subgroups to explore.

Following this procedure, it's likely that all links without redundant links will be in the forwarding state. Links that were redundant but less effective than the links that were chosen will be blocked. Spanning Tree never makes more than one link to the same place. With Spanning Tree, there is no load-sharing feature.

To learn more about marketing managers please click on below link

https://brainly.com/question/30265019

#SPJ4

Behavioral management is the study of how managers should personally behave in order to effectively lead and manage their employees.

Behavioral management is a branch of management that focuses on understanding and improving the behavior of managers in the workplace.

This includes studying how managers can effectively lead and motivate their employees, how they can create a positive work environment, and how they can manage conflicts and challenges that may arise in the workplace.

This field of management also looks at how managers can develop their own personal skills and behaviors to become more effective leaders. Behavioral management is based on the idea that managers can improve their performance by understanding and managing their own behavior, as well as the behavior of their employees.

By studying how managers should personally behave, behavioral management can provide valuable insights into how managers can improve their own performance and the performance of their employees.

For more questions like Management click the link below:

https://brainly.com/question/30052544

#SPJ4

Complete question

The benefits of scientific management include which of the following management practices? (Choose all that apply.)

-Linking people and tasks by the speed of the production line

-Achieving the right mix of worker-task specialization

Option C is the correct option. Green Marketing. Green marketing is the practice of promoting a product's environmental benefits in order to sell it. Consumers can recognize these products by phrases like "organic," "eco-friendly," "recyclable," or "sustainable," and some refer to it as eco-marketing or environmental marketing.

The idea of green marketing emerged as a result of how badly humans have affected the environment. Businesses that operate with the least amount of environmental damage possible serve as examples of how brands have transformed from being revenue-driven to environmentally conscious.

According to the tradition of green marketing, businesses release eco-friendly products or create the environment that goes along with them by avoiding using eco-friendly packaging, making products recyclable and reusable, using green energy for product production, creating products from recycled materials to reduce waste, choosing local selling to save on transportation energy, and more.

To know about Environmental Marketing,

https://brainly.com/question/29408631

#SPJ4

The concept is Cash flow, cash flow refers to the net amount of cash and cash equivalents within a company. The answer is, Identify adjustments to net income.

To determine cash flows from investing activities:

(1) identify changes in investment accounts,

(2) determine cash effects using T-accounts and reconstructed line items,

(3) report impacts on cash flows.

Cash flow refers to the net balance of a company's incoming and outgoing payments at a given point in time. Cash flows in and out of the store are constant. Your profit is the main source of income. It usually comes from customer payments or the sale of assets.

If your business isn't profitable, you won't have enough money to cover all of your expenses. This can result in you borrowing more money than you can repay, or worse, closing your business.

To know more about Cash flow,

brainly.com/question/24179665

#SPJ4

The sentences that accurately describe how to create a trial balance are as follows:

Businesses utilize a trial balance, which is a list of credit and debit entries, to evaluate how well their double-entry accounting systems are working internally. Making sure that the sum of all debits and credits is equal to one another can help you identify any entries that may have been placed in the wrong account.

Verifying that the debits and credits in the chart of accounts are equal is the goal of the trial balance.

For such more question on statements:

brainly.com/question/24178504

#SPJ4

(The following question mat be like this:

Which of the following statements correctly explains how to prepare a trial balance? (Check all that apply.)

Multiple select question.

The correct option is A, B, C, and D. Those statements correctly explain how to prepare a trial balance.

Trial stability is a list of all the overall ledger debts (each revenue and capital) contained inside the ledger of a business. This list will incorporate the call of each nominal ledger account and the value of that nominal ledger balance. every nominal ledger account will hold either a debit balance or a credit score stability. The debit stability values will be indexed in the debit column of the trial stability and the credit score value stability could be indexed in the credit column. The trading income and loss announcement and balance sheet and different economic reviews can then be produced with the use of the ledger debts indexed at the equal balance.

The purpose of an ordeal balance is to show that the price of all of the debit value balances equals the full of all of the credit score value balances. If the whole of the debit column does no longer the same as the entire fee of the credit column then this will show that there may be an error inside the nominal ledger money owed. this mistake ought to be observed earlier than an income and loss declaration and stability sheet can be produced.

To learn more about Trial balance visit here:

brainly.com/question/15059786

#SPJ4

Complete Question:

Which of the following statements correctly explains how to prepare a trial balance? (Check all that apply.) Multiple select questions.

A). List each account title and its amount from the ledger.

B). Verify that the total debit balances equal the total credit balances.

C). If an account has a zero balance, it may be omitted entirely.

D). Compute the total debit balances and the total credit balances.

E). Total debit account balances do not have to equal total credit account balances in order for the financial statements to be prepared.

Both of its key elements—the Geometric Brownian Motion and the continuous-time limit of the portfolio replication approach—are incorrect in terms of quality.

Often used to price option contracts is the Black-Scholes model, often known as the Black-Scholes-Merton (BSM) model. Five input variables are needed by the Black-Scholes model: volatility, risk-free rate, time to expiration, strike price of an option, and current stock price. In order to account for the fact that asset prices are bounded by zero and cannot take a negative value, the Black-Scholes-Merton model posits that stock prices follow a lognormal distribution.

The model is used to calculate the present value of a call option whose final value is determined by the stock price on the expiration date. The value of this call option will fluctuate as a result of the fluctuating stock price. Since European options can only be executed at expiration, all options are European options.

To learn more about BSM refer to :

https://brainly.com/question/25560743

#SPJ4

Moving from production point on the PPF at point B to point D is 40 tons of oranges.

To learn more about production   refer to:

https://brainly.com/question/26460726

#SPJ4

c) The LIFO, method to calculate the cost of goods, Net Income is $750.

The LIFO (Last In First Out) method is used to calculate the cost of goods sold and inventory value by assuming that the most recent goods purchased are sold first.

In this case, given the information provided, the LIFO Net Income is $750. This is the final amount of income after all expenses and taxes have been taken into account.

The LIFO Gross Profit is $2,000, which represents the total revenue minus the cost of goods sold. The LIFO EBIT is $1,500, which is the Earnings Before Interest and Taxes.

The LIFO Earnings Before Tax is $1000, which is the total revenue minus the expenses. The LIFO Tax Expense is $250, which is the amount of taxes that have to be paid on the earnings before tax.

For more questions like LIFO click the link below:

https://brainly.com/question/16749750

#SPJ4

C- No, because 0.60 represents probability in the long run for many Internet users.

What is an Internet?

The Internet, also known as "the Net," is a worldwide network of computer networks. It is a network of networks that enables users at any one computer to obtain information from any other computer that has permission to do so (and sometimes talk directly to users at other computers). It was initially known as the ARPANET and was created in 1969 by the United States government's Advanced Research Projects Agency (ARPA). The original plan was to create a network that would allow researchers at various universities to "speak" to one another.

Today, hundreds of millions of people nationally and internationally have access to the Internet's public, collaborative, and self-sustaining infrastructure.

The Internet consumes only a fraction of the resources used by current public telecommunications networks. Technically, the Internet is distinguished by the Transmission Control Protocol/Internet Protocol (TCP/IP) family of protocols. TCP/IP is also used by intranet and extranet, two more recent Internet-related innovative ideas.

To learn more on Internet from the link:

brainly.com/question/510375

#SPJ4

A company's financial performance from its operations through time is shown in the income statement.

Revenue minus expenses = Net income.

To Learn more About  income statement refer To:

https://brainly.com/question/15169974

#SPJ4

Retained earning sutilities expense of these accounts would appear on the income statement.

To learn more about income statement refer to:

https://brainly.com/question/15169974

#SPJ4

The primary goal of managerial accounting is to provide management with data that can be used for planning and controlling operations.

The primary goal of managerial accounting is to make as much money as possible while limiting losses. It focuses on how data is presented to managers in order to forecast financial discrepancies and assist in making critical decisions. It covers a wide range of commercial procedures and has a very broad scope.

The primary goal of managerial accounting is to provide management with data that can be used to plan and control operations.

These objectives are survival, financial gain, and organisational expansion.

The five general management functions are planning, organising, staffing, leading, and controlling. These five general functions are at the heart of management as a discipline.

To learn more about managerial accounting's refer to:

brainly.com/question/3815117

#SPJ4