The correct answer to this open question is the following.
The formal Constitutional power that applies to this scenario is that the President of the United States is the Chief Diplomat and the leader of the nation. He has the power to make these kinds of decisions when he considers it necessary for the security of the country.
The informal powers or roles of the president that apply to this scenario is that the President of the United States is able to conduct foreign policy initiatives if he deems correct to get to a prompt solution of a conflict or avoid one.
Yes, the President's actions are constitutional because he is not confronting or breaking any precepts of the US Constitution. The President and the Secretary of State negotiated the agreement with North Korea to end its designs on building a nuclear weapon, and he consulted with the members of Congress to get their advice.
I agree in part, with the president's decision, but I considered necessary the signing of a formal Treaty to follow a protocol and clearly establish the conditions that back the agreements. This way, both countries would have to fulfill the agreement, no matter what happens in the future and despite any presidential changes in the United States or North Korea.
In this case, the treaty should be discussed and approved by the United States Congress.
Based on the information given, the Constitutional power that applies is the security of the country.
It should be noted that the President has the power to make decisions involving security in the country.
The informal power of the President that was applied in this case is the negotiation of executive agreements.
From the information given, the President's actions are constitutional due to the fact that he is not breaking any precepts of the US Constitution.
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Importance of the study of organisational buyer behaviour to the personal selling function
Answer:
The answer is below
Explanation:
The importance of the study of organizational buyer behavior to the personal selling function is that the personal seller can easily realize the expectation of the organizations.
It also assists in determining what makes organizations buy a certain product.
It gives the seller the proper ideas on the type of products preferred by organization buyers such that they can quickly make them available.
It also ensures the seller understands how the organization buyer operates in terms of payments, quality, quantity, and the purpose in which they are buying.
You are asked to study the causal effect of hours spent on employee training (measured in hours per worker per week) in a manufacturing plant on the productivity of its workers (output per worker per hour).
Required:
a. Choose a random group of employees to receive ten hours per week in additional training for a period of four weeks. Then, estimate the difference in productivity between workers who received the additional training and those that did not. Option _______ best describes this statement.
b. Data on hours spent on training a group of ten different employees in a certain day. Option __________ best describes this statement.
c. Data on hours spent on training the same employee for seven consecutive days. Option________ best describes this
d. Data on hours spent training for a group of ten individual employees for seven consecutive days. Option________ best describes this statement.
1. an observational time series data set.
2. an observational cross — sectional data set.
3. an ideal randomized controlled experiment.
4. an observational panel data set.
Answer:
a. Option 3 best describes this statement.
This is because the option compares two different sets of employees receiving training and not receiving any training, it represents the case of an ideal randomized controlled experiment.
b. Option 2 best describes this statement.
This represents an observational cross sectional data set.
c. Option 1 best describes this statement.
This represents an observational time series data set because there are seven days track period of the employee.
d. Option 4 best describes this statement.
Since this represents a mixture of time series and cross sectional data set, it is panel data set.
You invest $7,873 in stock and receive $102, $123, $121, and $155 in dividends over the following 4 years. At the end of the 4 years, you sell the stock for $11.900. What was the IRR on this investment? The IRR on this investment is ______%.
Answer:
12.23%
Explanation:
Using an Excel spreadsheet we can determine the internal rate of return by using the IRR function:
inputs
-7873
102
123
121
155 + 11900 = 12055
IRR = 12.23%
You can also use a financial calculator, or do it by hand. Doing by hand is simply too much work for something that can be solved in a few seconds.
Latoya is riding her bicycle. She rides at a speed of 12.5 kilometers per hour for 5 hours. For how many kilometers does she ride?
Answer:
2.5 Kilometers per hour
Explanation:
Answer:
[tex]\boxed {\boxed {\sf 62.5 \ kilometers}}[/tex]
Explanation:
Distance is the product of speed and time.
[tex]d=s*t[/tex]
The speed is 12.5 kilometers per hour and the time is 5 hours.
[tex]s=12.5 \ km/hr \\t= 5 \ hr[/tex]
Substitute the values into the formula.
[tex]d= 12.5 \ km/hr * 5 \ hr[/tex]
Multiply. Note that the unit of hours will cancel each other out.
[tex]d=62.5 \ km[/tex]
Latoya traveled 62.5 kilometers.
EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system, performs automated collection, validation, indexing, and forwarding of submissions by companies and others who are required by law to file forms with the U.S. Securities and Exchange Commission (SEC). All publicly traded domestic companies use EDGAR to make the majority of their filings. (Some foreign companies file voluntarily). Form 10-K or 10-KSB, which include the annual report, is required to be filed on EDGAR. The SEC makes this information available on the Internet.
Required:
What is the amount of gross trade accounts receivable at the end of the year? What is the amount of bad debt expense for the year?
Answer:
The amount for gross trade account receivable is $520
The amount for bad debt expense is $144
Explanation:
The gross amount receivable is total receivable amount from the sales made. In the given scenario the amount receivable for the year is $443 plus the provisions made at the end of the year. The gross receivable is $520.
what are 3 Obstacles for becoming a tattoo artist? if this is the list for the process of becoming one.
1 Art skills
2 Learn How to Draw
3 Build a Portfolio
4Get an Art Education
5 Build a new Portfolio
6Apprenticeship
a Cleaning
b Secretarial work
7 Training with machines
a Practice on synthetic material
b Practice on volunteers
8 Learn Hygienic Work Practices
9 Get Licensed
10 Buy Your Own Tattoo Equipment
11 Establishing clientel and reputation
Answer:
Arts skills
get licensed
training with machines
Need answer to Part B(a) A hardware vendor manufactures $300 million worth of PCs per year. On average, the company has $45 million in accounts receivable, how much time elapses between invoicing and payment in terms of days if each year is 360 days?(b) Moreover, assuming that there is an average annual opportunity percentage cost of 10% (i.e., if you are promised by one of your buyer to receive 1000$ in one year from now, you could have made the average 1100$ in a year (by investing somewhere else) if you had received that 1000 $ today. Hint: think of exactly annual holding cost rate of inventory), what would be on average the opportunity cost in year for this vendor for 1 $ worth of account receivable?Moreover, assuming that there is an average annual opportunity percentage cost of 10% (i.e., if you are promised by one of your buyer to receive 1000$ in one year from now, you could have made the average 1100$ in a year (by investing somewhere else) if you had received that 1000 $ today. Hint: think of exactly annual holding cost rate of inventory), what would be on average the opportunity cost in year for this vendor for 1 $ worth of account receivable?
Answer:
a) The time that elapses between invoicing and payment in terms of days:
= 55 days (54.7)
b) Annual Holding Cost of Inventory = $450,000.
Explanation:
a) Data and Calculations:
Average Accounts Receivable = $45 million
Worth of PCs manufactured = $300
Period of days in a year = 360 days
Accounts receivable turnover ratio = Net Sales/Average Receivable
= $300/$45 = 6.67
Accounts receivable days = 365/6.67 = 55 days
Annual holding cost of inventory:
= Average accounts receivable * Interest rate
= $45,000,000 * 10%
= $450,000
In December of 2005, the Eastman Kodak Corporation (EK) had a straight bond issue outstanding that was due in eight years. The bonds are selling for 108.126%, per bond and pay a semiannual interest payment based on 7.25% (annual) coupon rate of interest. Assume that the bonds remain outstanding until maturity and that the company makes all promised interest and principal payments in a timeley basis. What is the YTM to maturity to the bondholders in December of 2005?
Answer:
Yield to maturity = 6.42%
Explanation:
The yield to maturity (YTM) can be calculated using the following RATE function in
Excel:
YTM = RATE(nper,pmt,-pv,fv) .............(1)
Where;
YTM = yield to maturity = ?
nper = number of periods = Number of semiannuals = Number of years * Number of semiannuals in a year = 8 * 2 = 16
pmt = semiannual coupon payment = face value * semiannual coupon rate = 1000 * 7.25% = 72.50 (Note: This is an inflow to the bondholder and it is therefore a positive figure).
pv = present value = current bond price = -$1,000 * 108.126% = -1,081.26 (Note: This is an outflow to the buyer of the bond and it is therefore a negative figure).
fv = face value of the bond = 1000 (Note: This is an inflow to the bondholder
and it is therefore a positive figure).
Substituting the values into equation (1), we have:
RATE(16,72.20,-1081.26,1000)
YTM = RATE(16,72.50,-1081.26,1000) ............ (2)
Inputting =RATE(16,72.50,-1081.26,1000) into excel (Note: as done in the
attached excel file), the YTM is obtained as 6.42%.
Therefore, YTM is 6.42%.
Donald was killed in an accident while he was on the job in 2016. Darlene, Donaldâs wife, received several payments as a result of Donaldâs death. What is Darleneâs gross income from the items listed below?
a. Donaldâs employer paid Darlene an amount equal to Donaldâs three monthsâ salary ($60,000), which is what the employer does for all widows and widowers of deceased employees.
b. Donald had $20,000 in accrued salary that was paid to Darlene.
c. Donaldâs employer had provided Donald with group term life insurance of $480,000 (twice his annual salary), which was payable to his widow in a lump sum. Premiums on this policy totaling $12,500 had been included in Donaldâs gross income under § 79.
d. Donald had purchased a life insurance policy (premiums totaled $250,000) that paid $600,000 in the event of accidental death. The proceeds were payable to Darlene, who elected to receive installment payments as an annuity of $30,000 each year for a 25-year period. She received her first installment this year.
Answer:
a. Donald's employer paid Darlene an amount equal to Donald's three months' salary ($60,000), which is what the employer does for all widows and widowers of deceased employees.
The $60,000 are included in the widow's gross income.
b. Donald had $20,000 in accrued salary that was paid to Darlene.
The $20,000 are included in the widow's gross income.
c. Donald's employer had provided Donald with group term life insurance of $480,000 (twice his annual salary), which was payable to his widow in a lump sum. Premiums on this policy totaling $12,500 had been included in Donald's gross income under § 79.
$0 included in widow's gross income.Benefits from life insurance policies are not taxed.
d. Donald had purchased a life insurance policy (premiums totaled $250,000) that paid $600,000 in the event of accidental death. The proceeds were payable to Darlene, who elected to receive installment payments as an annuity of $30,000 each year for a 25-year period. She received her first installment this year.
Taxable amount = $30,000 - $24,000 = $6,000Only amount not classified as capital recovery is taxed. Capital recovery per year = ($600,000 / $750,000) x $30,000 = $24,000
Tanya has money that she wants to leave to her grandchildren after she dies, but she doesn't want them to have to pay an inheritance tax. What
is the BEST way for Tanya to leave money to her grandchildren tax-free?
OA. Put all of her money into a 401k.
OB. Start gifting each of them $15,000 per year now.
OC. Put all of her money into stocks and bonds.
OD Start gifting each of them $25,000 per year now.
Answer:
B. Start gifting each of them 15k per year now.
Explanation: 15k is the max amount of money you can gift someone per year without taxation!
Every other answer besides B would require some sort of tax to pay!
Answer:
B. Start gifting each of them $15,000 per year now.
Explanation:
$15,000 is the max amount someone gave give out per year without getting taxed.
Every other answer choice would require some sort of tax!
Which factor of production is LEAST likely labeled in the photo?
Ride Tools
A)
capital
B)
human resources
C)
entrepreneurship
D
natural resources
Answer:
Natural resources
Explanation:
Humans should bring an end to all ways of degradation. Cutting down on food waste would only increase the amount of atmospheric carbon dioxide. Alternatively, inspire people to grow more trees in order to maintain nature's harmony. Furthermore, it reduces electricity consumption around the board.
Year P (bikinis) Q (bikinis) P (Speedos) Q (Speedos)
2000 $75 21 $50 10
2001 82 23 52 12
2002 88 28 55 15
2003 91 30 60 14
Using the data above, calculate real GDP for 2003 using the chain-weighted method.
Answer:
$2,950
Explanation:
assuming that year 2000 is the base year:
real GDP for 2003 = (bikini price 2000 x bikini quantity 2003) + (speedos price 2000 x speedos quantity 2003) = ($75 x 30) + ($50 x 14) = $2,950
base year's prices become the real prices of the economy, and any change in real GDP is given by changes in output
The total factory overhead for Bardot Marine Company is budgeted for the year at $820,850, divided into four activities: fabrication, $441,000; assembly, $152,000; setup, $122,850; and inspection, $105,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows:
Fabrication Assembly Setup Inspection
Speedboat 5,250 dlh 14,250 dlh 38 setups 66 inspections
Bass boat 15,750 4,750 277 459
21,000 dlh 19,000 dlh 315 setups 525 inspect
Each product is budgeted for 5,000 units of production for the year.
a. Determine the activity rates for each activity.
b. Determine the activity-based factory overhead per unit for each product.
Answer:
Bardot Marine Company
a. Activity rates for each activity:
Fabrication = $21
Assembly = $8
Setup= $390
Inspection = $200
b. The activity-based factory overhead per unit for each product:
Speedboat = $40.45
Bass Boat = $113.72
Explanation:
a) Data and Calculations:
Budgeted total factory overhead = $820,850
Fabrication, $441,000
Assembly, $152,000
Setup, $122,850
Inspection, $105,000
Total $820,850
Activity-base Usage Quantities:
Speedboat Bass Boat Total
Fabrication 5,250 dlh 15,750 dlh 21,000
Assembly 14,250 dlh 4,750 dlh 19,000
Setup 38 setups 277 setups 315
Inspections 66 459 525
Budgeted units of
production 5,000 5,000 10,000
a) Activity rates for each activity:
Costs Usage Rates
Fabrication, $441,000 21,000 $21
Assembly, $152,000 19,000 $8
Setup, $122,850 315 $390
Inspection, $105,000 525 $200
b) Speedboat Bass Boat
Fabrication $110,250 ($21*5,250) $330,750 ($21*15,750)
Assembly 114,000 ($8*14,250) 38,000 ($8*4,750)
Setup 14,820 ($390*38) 108,030 ($390*277)
Inspections 13,200 ($200*66) 91,800 ($200*459)
Total overhead costs $252,270 $568,580
Budgeted units of
production 5,000 5,000
Per unit overhead $40.45 $113.72
Cutler Corporation is authorized to issue 10,000 shares of common stock. It sells 6,000 shares at $19 per share.
Required
Record the sale of the common stock, given the following independent assumptions:
1. The stock has a par value of $10 per share
2. The stock is no-par stock, but the board of directors has assigned a stated value of $8 per share
3. The stock has no par and no stated value
Explanation:
here, D= debit , C= credit
D :Cash (6,000*19) =$114,000
C: Common Stock(6,000*10)= $60,000
C: Excess Capital in par value, Common stock =$54,000
D:Cash (6,000*19)= $114,000
C: Common Stock(6,000*8)= $48,000
C: Excess Capital in stated value, Common stock= $66,000
D: Cash (6,000*19)= $114,000
C: Common Stock(6,000*19)= $114,000
is it essential to everyone to understand the correct perception on entrepreneurship
Answer:
yes
Explanation:
In order for entrepreneurs to be more successful long term, it is important for them to have an accurate perception of which skills are most important for each stage of a business.
Yes, it should be important for everyone to understand the correct & accurate perception of entrepreneurship.
The following information should be considered:
Perception should always play a significant role in the business. If it is applied and used in a proper way so it would help for the growth and survival of the business. Also, it gives the business having a perspective that could prosper in the future this results in business opportunities.Therefore we can conclude that it should be important for everyone to understand the correct & accurate perception of entrepreneurship.
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E-Z-Rest Motel is a motel with 216 rooms located in the center of a large city in Mississippi. It is readily accessible from two interstate highways and three major State highways. The motel solicits patronage from outside Mississippi through various national advertising media, including magazines of national circulation. It accepts convention trade from outside Mississippi. and approximately 75 percent of its registered guests are from out of State Y. An action under the Federal Civil Rights Act and the Commerce Clause has been brought against E-Z-Rest Motel alleging that the motel discriminates on the basis of race and color. The motel contends that the federal law cannot be applied to it because it is not engaged in interstate commerce. Can the Federal government regulate this activity under the Interstate Commerce Clause? Why?
Answer: Yes. The Federal government can regulate this activity under the Interstate Commerce Clause.
Explanation:
From the information given, the case summary is that E-Z-Rest Motel discriminates on the basis of race and color.
The Commerce Clause provides the Federal Government to regulate the activities of the hotel. Because the motel us discriminating, the Congress has the right to stop it from operation.
Suzanne owns interests in a bagel shop, a lawn and garden store, and a convenience store. Several full-time employees work at each of the enterprises. As of the end of November of the current year, Suzanne has worked 150 hours in the bagel shop, 250 hours at the lawn and garden store, and 70 hours at the convenience store. In reviewing her financial records, you learn that she has no passive investments that are generating income and that she expects these three ventures collectively to produce a loss.
Required:
What recommendation would you offer Suzanne as she plans her activities for the remainder of the year?
Answer:
In order for Suzanne to be considered an active participant in her stores, she must work at least 31 hours more. That way, her total working hours will be above 500, and she can deduct any losses from her adjusted gross income.
If she doesn't work at least 31 hours more, these activities will be considered passive activities and can only offset passive income.
Explanation:
Dean has earned $70,000 annually for the past five years working as an architect for WCC Inc. Under WCC's defined benefit plan (which uses a 7-year graded vesting schedule) employees earn a benefit equal to 3.5% of the average of their three highest annual salaries for every full year of service with WCC. Dean has worked for five full years for WCC and his vesting percentage is 60%. What is Dean's vested benefit (or annual retirement benefit he has earned so far)?A. $7,350.B. $0.C. $12,250.D. $42,000.
Answer:
A. $7,350
Explanation:
The computation of the vested benefit is shown below:
= Average salary × given percentage × five years × vesting percentage
= $70,000 × 3.5% × 5 years × 60%
= $7,350
Hence, the correct option is A.
Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales $ 5,870 Cost of goods sold 4,270 Depreciation 335 Earnings before interest and taxes $ 1,265 Interest paid 31 Taxable income $ 1,234 Taxes 432 Net income $ 802 Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 2016 2017 Cash $ 85 $ 190 Accounts payable $ 1,455 $ 1,420 Accounts rec. 960 800 Long-term debt 760 560 Inventory 1,565 2,010 Common stock 3,185 3,230 Total $ 2,610 $ 3,000 Retained earnings 830 1,080 Net fixed assets 3,620 3,290 Total assets $ 6,230 $ 6,290 Total liab. & equity $ 6,230 $ 6,290 How many dollars of sales were generated from every dollar of fixed assets during 2017?
Answer: $1.70
Explanation:
For us to know the amount of dollars of sales were generated from every dollar of fixed assets during 2017, we first find the average fixed assets and this will be:
= (3,620 + 3,290) / 2
= 6910/2
= 3455
Then , the dollars of sales generated from the fixed assets will be:
= Net sales / 3455
= 5870 / 3455
= 1.70
Identify whether the scenarios below are examples of regressive or progressive taxes.
A sales tax on food and clothing. ____________
An additional sales tax on cars bought for over $50,000. ____________
A flat rate income tax of 20%, with no additional tax being paid on earnings above $1,000,000. ______________
An income tax system using tax brackets, where the percentage tax rate increases with income. ________________
A fixed poll tax on citizens and residents. ____________
Answer:
a. A sales tax on food and clothing is an example of a regressive tax - Under this system of taxation, the tax rate diminishes as the taxable amount increases.
b. An additional sales tax on cars bought for over 50,000 is an example of a progressive tax - A progressive tax is a tax in which the tax rate increases as the taxable amount increases.
c. A flat rate income tax of 20%, with no additional tax being paid on earnings above $1,000,000 is an example of Regressive tax. The tax levied on income earned above a certain level will be the same, that is, as the income increases, the tax rate is less.
d. The system used is an example of progressive tax. This is as per the definition of the progressive tax, a positive relation between the income earned and the tax rate.
e. A fixed poll tax on citizens and residents is an example of Regressive tax. A poll tax or a head tax is a fixed rate levied on the citizens and residents irrespective of the income level.
Example 31: S borrows 5,00,000 to buy a house. If he pays equal instalments for 20 years
and 10% interest on outstanding balance what will be the equal annual instalment?
Solution: We know
Answer:
$58.729
Explanation:
To find the answer, we need to use the present value of an annuity formula.
The formula is:
P = X [(1 - (1 + i)^-n) / i ]
Where X is the annual instalment
P is the present value of the investment (500,000 in this case)(
i is the interest rate (10% in this case)
and n is the number of periods (20 years in this case)
We now plug the amounts into the formula:
500,000 = X [ (1 - (1 + 0.10)^-20) / 0.10 ]
500,000 = X [8.51356]
500,000 / 8.51356 = X
58,729 = X
So the value of the equal annual instalment will be $58.729
Retailing is one area where technology is unlikely to make a big difference in how services are provided.
t or f
Ok I thing that, Retailing is one area where technology is unlikely to make a big difference in how services are provided.
Retailing is one area where technology is unlikely to make a big difference in how services are provided. The statement is False.
What is Retailing?Retailing is a method or refers as a channel of distribution of goods where the retailer sells the goods to the public in small amounts as compared to wholesaling where goods are given in bulk quantity.
Technology plays a significant role in how services are provided. It helps to analyze the best interests of the consumer so that appropriate improvement can be introduced to make them satisfied with the services offered.
Retailing can be done with both brick-and-mortar outlets as well as e-commerce platforms where technology helps to drive the demands of customers and helps them to make the best deal possible.
Therefore, the statement is False.
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Suppose the total monetary value of all final goods and services produced in a particular
country in 2008 is $500 billion and the total monetary value of final goods and services
sold is $450 billion. We can conclude that:
A. GDP in 2008 is $450 billion.
B. NDP in 2008 is $450 billion.
C. GDP in 2008 is $500 billion.
D. inventories in 2008 fell by $50 billion.
im gone go for D hhalf oral Iran
Walks Softly currently sells 14,800 pairs of shoes annually at an average price of $59 a pair. It is considering adding a lower-priced line of shoes that will be priced at $39 a pair. The company estimates it can sell 6,000 pairs of the lower-priced shoes annually but will sell 3,500 less pairs of the higher-priced shoes each year by doing so. What annual sales revenue should be used when evaluating the addition of the lower-priced shoes?
What is the effect of external communication on the reputation and success of an organization?
Answer:
It helps to project the brand image of the organization to the world. Depending on the quality of the communication, customers can develop trust in the organization.
Explanation:
External or corporate communication is the relay of information from an organization to the members of the public. This can be done through formal means such as newspapers, web pages, letters, etc. Informally, employees of the organization can give information about the firm to others.
This can affect the image of the organization, positively or negatively depending on how it is done. Proper and well-thought-out external communication influences the image of the company positively in the minds of consumers and this can increase revenue.
Students who enjoyed solving a puzzle were rewarded for doing so. Later, they played less with the puzzle than did their counterparts who were not rewarded for the same task. This illustrates which of the following principles?
a. Latent learning
b. Self-fulfilling prophecy
c. Intermittent reinforcement
d. The overjustification effects
e. The law of effect
Answer:
d. The overjustification effects
Explanation:
Overjustification effect is a psychological phenomenon where an external incentive that is expected to motivate an individual actually reduces his intrinsic motivation to perform well.
The extrinsic motivation recieved now replaces the intrinsic motivation for the person. That is they don't focus anymore on performing well in the task. They rather enjoy the reward.
In the given scenario Students who enjoyed solving a puzzle were rewarded for doing so. Later, they played less with the puzzle than did their counterparts who were not rewarded for the same task.
The students lost motivation after being rewarded.
Madison Park Co-op, a whole foods grocery and gift shop, has provided the following data to be used in its service department cost allocations:
Service Departments Operating Departments
Administration Janitorial Groceries Gifts
Departmental costs before allocations $200,000 Â Â Â Â Â $50,000 Â Â Â Â $3,850,000 Â Â $330,000 Â Â Â
Employee-hours         470           330            2,720           150   Â
Space occupied square feet         900            1,100           9,100         900 Â
Required:
Using the step-down method, allocate the costs of the service departments to the two operating departments. Allocate Administration first on the basis of employee-hours and then Janitorial on the basis of space occupied.
Answer:
Madison Park Co-op
Allocation of Departmental Costs:
Service Departments Operating Departments
Administration Janitorial Groceries Gifts
Departmental costs
before allocations $200,000 $50,000 $3,850,000 $330,000
Administration -200,000 206,250 1,700,000 93,750
Janitorial -256,250 242,857 13,393
Total costs 0 0 $5,792,857 $437,143
Explanation:
a) Data and Calculations:
Service Departments Operating Departments
Administration Janitorial Groceries Gifts
Departmental costs
before allocations $200,000 $50,000 $3,850,000 $330,000
Employee-hours 470 330 2,720 150
Space occupied
square feet 900 1,100 9,100 900
Administration costs:
Janitorial = $200,000 * 330/3,200 = $206,250
Groceries = $200,000 * 2,720/3,200 = $1,700,000
Gifts = $200,000 * 150/3,200 = $93,750
Janitorial costs:
Groceries = $256,250 * 2,720/2,870 = $242,857
Gifts = $256,250 * 150/2,870 = $13,393
On December 27, 2020, Roberta purchased four tickets to a charity ball sponsored by the city of San Diego for the benefit of underprivileged children. Each ticket cost $200 and had a fair market value of $35. On the same day as the purchase, Roberta gave the tickets to the minister of her church for personal use by his family. At the time of the gift of the tickets, Roberta pledged $4,000 to the building fund of her church. The pledge was satisfied by a check dated December 31, 2020, but not mailed until January 3, 2021.
Requried:
a. Presuming that Roberta is a cash basis and calendar year taxpayer, how much can she deduct as a charitable contribution for 2020?
b. Would the amount of the deduction be any different if Roberta was an accrual basis taxpayer? Explain.
Answer:
a. Presuming that Roberta is a cash basis and calendar year taxpayer, how much can she deduct as a charitable contribution for 2020?
Roberta can deduct ($200 x 4) - ($35 x 4) = $800 - $140 = $660. She cannot deduct the check because it was not mailed before December 31.
b. Would the amount of the deduction be any different if Roberta was an accrual basis taxpayer? Explain.
As an accrual taxpayer, she could deduct $660 + $4,000 = $4,660. She had already written the check and the fact that it was mailed on January 3 doesn't make a difference for an accrual taxpayer.
What do the customers buy/use of value from the Samsung?
Answer:
Customer Value is the perception of what a product or service is worth to a Customer versus the possible alternatives. Worth means whether the Customer feels s/he or he got benefits and services over what s/he paid. ... Consumers use the product or the service, but in all cases do not buy the product/service.
Identify each scenario given below as structurally, frictionally, or cyclically unemployed.
a. A recent recession has reduced the number of visitors to a local theme park. The park has had to lay off many of its employees, including Neha.
b. Gilberto recently lost his job as a waiter at a local restaurant.
b. A recent increase in the minimum wage keeps local employers from adding more of the low-skill positions for which he qualifies, so he has been unable to find work. He continues to look for a job, but he's considering going back to school for vocational training.
Answer:
A)cyclical unemployment
B) Structural unemployment
Explanation:
A)cyclical unemployment can be regarded as a type of unemployment whereby there is no enough demand for labor, so Businesses will not be able to employ all that are seeking for job at that business cycle.
B) Structural unemployment can be regarded as one that occured as a result in shifts in an economy and usually long-lasting unemployment .