Company Y's net income has decreased by $10,000.
What factors impact a business's net income?Net income (NI), also termed net earnings, is determined as sales minus cost of products sold, selling, general and administration expenditures, operational expenses, depreciation, interest, taxes, and other expenses.
What is net income, and how does it impact the value in accounting?A company's net income is the outcome of its sales and gains less its costs and losses. Net loss is the term used to describe a poor outcome. (A few gains and losses are not taken into account when calculating net income. They do, however, include comprehensive income.
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which organization has the authority to establish generally accepted accounting principles for state and local government entities? multiple choice the national council on governmental accounting the governmental accounting standards board the financial accounting standards board the municipal officers finance organization
The Government Accounting Standards Board is responsible for developing generally accepted accounting principles for state and local governments.
The Government Accounting Standards Board (GASB) is a private non-governmental organization that develops accounting reporting standards for state and local governments. The GASB is in charge of generally accepted accounting principles (GAAP).
GASB is significant because it assists public organizations in demonstrating to citizens that they are accountable and compliant. Because many of these organizations are funded by tax dollars, they must be able to demonstrate to the public that their financial statements are accurate and up to date. The GASB is recognized by governments and the accounting industry as the official source of generally accepted accounting principles (GAAP) for state and local governments.
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the cobit framework primarily relates to group of answer choices best practices and effective governance and management of private companies. best practices and effective governance and management of public companies. best practices and effective governance and management of information technology. best practices and effective governance and management of organizational assets.
The COBIT framework places a strong emphasis on regulatory compliance, enables businesses to derive greater value from it.
Which of the following control elements is included in the analysis framework for internal control systems?An internal control structure must be implemented and followed throughout the business in order to accomplish these goals. The control environment, risk assessment, control actions, information and communication, and monitoring are the five elements that make up the internal control framework.
Which one of the aforementioned is an illustration of an IT control structure for IT governance?
While risk response is an important part of the ERM framework, it is not included in the COSO internal control structure.
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g what valuation should be recorded for noncash assets transferred to a partnership by one of the partners?
On the day that they are transferred to the partnership, non-cash assets ought to be valued at their fair market value.Partner assets are deducted from the appropriate asset account and credited to the partner's Capital account in their entirety.
Honest evaluation (FMV) in land is the resolved value that a property will sell for in an open market.A willing buyer and seller who are both reasonably knowledgeable about the property in question agree on the FMV.
What is an illustration of a fair market price?
For instance, the fair market value of a home is $310,000 if the seller lists it for $350,000, an interested buyer offers $300,000, and the buyer and seller negotiate and agree on that amount.
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Brand ________ refers to the degree to which customers can identify a brand under a variety of circumstances.
Brand recognition refers to the degree to which customers can identify a brand under a variety of circumstances. Brand recognition is the extent to which a consumer can correctly identify a particular product or service just by viewing the product or service's logo, tag line, packaging or advertising campaign.
Brand recognition can also be triggered via an audio cue, such as a jingle or theme song associated with a brand. The five stages of brand recognition are awareness, preference, reputation, trust and loyalty. Brand awareness familiarizes the public with a product and differentiates it from competing brands. Businesses that maintain high levels of brand awareness are likely to generate more revenue because consumers are more likely to buy familiar brand names compared to unknown ones.
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the smithwicks, your buyer clients, obtained a 90% loan on their new $400,000 home. at closing, they paid $6,150 for points at closing. how many points did they pay?
The smithwicks paid a total of 1.71 points.
How exactly did the Smithwicks pay the points?A point is 1% of the loan amount. The Smithwicks' loan is $360,000 ($400,000 x .90), and they paid $6,150 for points at closing. Divide the cost in points by the loan amount to get the number of points they paid: ($6,150 ÷ 360,000 = 0.0170833, or 1.71).
What does the term "home loan" mean?A home loan is a sum of money that a bank or other loan provider lends to an individual borrower in order for that person to fund the purchase of a piece of property. The length of time the loan must be repaid will be agreed upon by the lender and borrower; normally, this will be between 25 and 30 years.
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the purpose of heat treating annealed glass (results are tempered or heat-strengthed glass) is to induce permanent compressive stresses in the edges and faces of the glass which makes the glass stronger than annealed glass and more resistant to thermal stress and impact.
True, Heat-treating annealed glass is done to create permanent compressive stresses in the edges.
Heat treatment is the process of heating metal, holding it at that temperature, and then cooling it back down. The mechanical properties of the metal part will change during the process. This is due to the fact that high temperatures change the microstructure of the metal.
Heat-treating metal can soften it and improve its formability. It can make parts harder in order to increase strength. To increase abrasion resistance, it can apply a hard surface to relatively soft components. It can form corrosion-resistant skin to protect parts that would corrode otherwise.
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you are working with team members to complete a project for school. person 1 has not been as active as they could during the brainstorming process. about one week into the project, person 1 suggests an alternative way to complete a task. you are confident this new approach would be counterproductive. how do you respond to person 1's request?
Let Person 1 know that he is not doing his share and communicate that you are willing to switch tasks or organize the work differently. Perhaps he just needs moral support or a different task.
- The choice that was just suggested fits the situation.
1. Describe the issue you wish to fix.
It could be simpler to say than to do. Keeney recounts a PhD student who is struggling to find an adviser and a topic for their dissertation. The pupil fumbles for ideas and expresses them as negatives rather than positives, with just the haziest notion of a purpose. It's "not intriguing to me," "it seems too hard," "it seems like it would take too much time," and "I don't believe I could accomplish it."
2. Determine a potential solution's goals.
The German energy company hired Keeney to perform these services, and he has also performed these services for a number of government organizations, including the Department of Homeland Security and the Energy Department.
3. Attempt to come up with individual answers.
Organizations should urge that employees first try to come up with their own answers before starting a collective brainstorming session.
4. Once you have a clear understanding of your issues, your goals, and your unique solutions, work as a group.
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Maple Corporation, a calendar-year corporation, was formed three years ago by its sole shareholder, Brady, who immediately elected S corporation status. On December 31 of the current year, Maple distributed $38,500 cash to Brady.
What are the amount and character of gain Brady must recognize on the distribution in each of the following alternative scenarios? (Leave no answer blank. Enter zero if applicable. If the answer is "0", select "None".)
a. At the time of the distribution, Brady’s basis in his Maple Corporation stock was $45,200.
Amount Character
Gain
Brady's basis stock gained $38,600, which equals $0 in capital gains, Brady's basis stock gained $9,500, which equals $23,500 in long-term gains, and Brady's basis gained $0, which equals $33,000 in long-term gains.
How can I figure stock gain?Both short-term and long-term capital gains are possible with stocks. Capital gains for durations shorter than a year or a year and a half are referred to as short-term capital gains. Long-term capital gain is profit from investments for durations longer than a year or a calendar year.
Brady has owned shares of Marple Corp. for three years, therefore there will be a long-term capital gain.
Using the following formula, one may determine capital gain:
Capital gain = cash distributed - Basis stock
For basis stock was $38,600
Capital gain = $33,000 - $38,600
Capital gain = -$5,600
Brady's stock basis decreased from $38,600 to $5,600 as a result of the negative capital gain outcome, indicating that Brady did not experience a capital gain. Brady consequently recorded no capital gain.
For basis stock was $9,500
Capital gain = $33,000 - $9,500
Capital gain = $23,500
This shows that Brady's stock basis decreased to $0 and Brady realized a long-term capital gain of $23,500.
For basis stock was $0
Capital gain = $33,000 - $0
Capital gain = $33,000
This indicate the Brady's stock basis would remain at $0 and Brady recognized $33,000 long term capital gain.
Brady's capital gain therefore consists of $33,000 in long-term capital gains at basis stock 0 and $33,000 in short-term capital gains at basis stock 0 and $23,500 in long-term capital gains at basis stock 9,500.
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as defined by maloni and benton: the power of a supply chain member [is] the ability to control the decision variables in the supply strategy of another member in a given chain at a different level of the supply chain. it should be different from the influenced member's original level of control over their own supply strategy.
As defined by using Malone and Benton the energy of a power supply member is the potential to manipulate the selection variables within the supply method of another member in a given is True.
Supply refers to the number of products a supplier gives to customers. supply and call for are key gamers in figuring out charges and goods consumption or services. The regulation of supply states that having higher demand is an effective indication for suppliers to boom deliver.
The law of delivering and call for combines two fundamental economic ideas describing how changes inside the fee of an aid, commodity, or product affect its supply and call for because the fee will increase, delivery rises whilst call for declines. Conversely, because the charge drops deliver constricts even as the call for grows.
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which kind of messages can be used in problem-solving based on using the competition (win-lose) style of conflict management?
In that one conforms to or obliges another without offering personal input, the accommodating conflict management approach is generally seen as passive or submissive and implies a low concern for oneself and a great concern for others.
What is the main danger of using a combative, competitive style?Cons: A competitive style may come out as hostile, combative, and aggressive. The biggest disadvantage of a competing style is that it can damage relationships, sometimes irreparably.
Which method of handling conflict involves ignoring or discussing things subtly?When there is a disagreement, one individual may use passive-aggressive conduct, in which case they express their negative emotions or thoughts by engaging in nonverbal activities like procrastinating.
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trinity needs to write up a report on native wildlife in her texan town for her work at a real estate company. what is her best first step?
Trinity is assigned to produce a presentation on the local animals in her Texan town as part of their job at such a real estate firm. Whatever should she accomplish first She needs to discover her identity.
As mentioned in the beginning of this section, some reports might require additional legal scrutiny. To ensure a professional paper, have a group of individuals review it independently without marking changes, errors, as well as questions along the way.
What tips do you have for writing a progress report Discuss the current work, including that of the people, things, methods, and locations At the beginning of the report, state the latest finish date of the project. Describe the difficulties at hand, but avoid discussing possible issues.
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when comparing a retail business to a service business, the financial statement that changes the least is the a.statement of cash flows b.income statement c.balance sheet d.statement of stockholders' equity
When comparing a retail business to a service business, the financial statement that changes the least is the d. statement of stockholders' equity.
What distinguishes a sales company's financial statements from those of a service company?The existence of inventory distinguishes a merchandising firm from a service-based one as their main distinction. Unlike service-based firms, which do not sell things to customers, retail enterprises do. This distinction must be reflected in the financial accounts of the companies, especially the income statements.
Both types of business models may employ staff, both may require equipment to operate, and both may have paying consumers who purchase goods or services. A merchandising company must keep inventory on hand, which is the major distinction between it and a service industry business.
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An evaluation and unbiased opinion of the accuracy of a firm's financial statements can be obtained after a(n) ______ audit.
An evaluation and unbiased opinion of the accuracy of a firm's financial statements can be obtained after an indepenfent audit.
What is independent audit?
An independent audit can be described as the examination of the financial records, as well as the accounts, business transactions, accounting practices, as well as the internal controls of a charitable nonprofit by an "independent" auditor.
It should be noted that the evaluation and unbiased opinion of the accuracy of a firm's financial statements is oner od the thing that can be associated to the indepenfent audit.
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What aspect of marketing contains, protects, displays, increases the utility, and promotes a product, as well as conveying the product and brand messages?.
Packaging is a subset of advertising the place a manufacturer designs and develops the wrapper or container to aid its transport, handling, delivery, and communicate the manufacturer and product records by making it seem to be attractive.
To facilitate safety and resource product storage and transportation.
What is the significance of packaging in marketing?Packaging is so an awful lot extra than simply protecting a product. It's an necessary advertising tool, which helps branding, emphasizes the product's great aspects and creates an unforgettable experience for the customer. It's a gateway that can increase your product – and enterprise – to the subsequent level.
With the increasing demand for packaging, many businesses have started discovering methods and methods to sell their products thru higher designing and packaging.
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https://brainly.com/question/27992495#SPJ4how do dollar bills and gold differ in their role as money? multiple choice question. dollar bills do not have stability of value gold has intrinsic value gold does not have stability of value dollar bills have intrinsic value
The value of the dollar can influence the cost of gold. In actuality, gold serves as both a currency and a commodity.
What distinguishes gold from currency?When it comes to wealth storage, gold may be much more effective than cash. According to CNN Money, your money in the bank "earns essentially nothing" because interest rates are still low. That cash might really be worth less now that inflation has been taken into consideration. It is well known that gold has a long history of stability.
Why is gold regarded as currency?Gold is a form of money in a free market. A price for gold exists, and that price will change in relation to other mediums of exchange like the US dollar, euro, and yen.
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what is the price of a treasury strips with a face value of $100 that matures in 8 years and has a yield to maturity of 8.0 percent?
The price is $36.24. The price of a treasury STRIPS is the discounted present value of the face value. In this question, the face value of the bond is $100, and the discount rate is 7%.
U.S. bonds known as Treasury STRIPS are offered at a discount to face value and are fully repaid when they mature.
STRIPS are treasury bonds that trade as separate securities for the principal and coupon payments.
Holders of STRIPS only get the final payment on the maturity date instead of coupon payments.
Only a financial institution or broker may hold STRIPS.
Initially, only bonds with a maturity of more than ten years qualified for STRIPS; however, the program has now been expanded to include additional notes or bonds.
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a signal: occurs when one party to a transaction has more information than the other party. is an agent trying to exploit an information advantage in a dishonest way. is an expensive action that is taken to reveal information. is an offer that conveys negative information about the product.
When an expensive action is taken to reveal information, a signal is produced.
What is information advantage means?The term "information advantage" refers to a legitimate advantage acquired through the ongoing, flexible, incisive, and resilient use of information and information systems. A firm or person with an information advantage has specialized knowledge that gives them a strategic or tactical edge in a particular situation.
What is the advantage of data and information?You will have information once you group, combine, manage, and evaluate the data. You can discover trends, connections, or fresh perspectives on how your organization operates using information. Additionally, the knowledge can assist you in developing business analytics and plans. transfers and deposits made via mobile apps on smartphones. electronic signatures that don't require printing out. Lending approvals on the fly without visiting a loan office. Automated bill payment helps clients meet their monthly responsibilities on time.
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If an economy can increase its steady annual growth rate from 1 percent to 1.5 percent, this reduces the time it takes for the economy to double in size by approximately ________years. O 5 O 8
O 33 O 17 O 23
The time it takes for an economy to double in size can be shortened by about 23 years if it can raise its constant annual growth rate from 1 percent to 1.5 percent.
When annual growth rates rise from 1% to 1.5%, the time decreases by 23 years.
Rule 70 states that the time it will take the economy to double is equal to 70 divided by the growth rate.
If the growth rate is 1%, it will take the economy 70 years to double in size.
Given a 1.5 percent growth rate, it will take the economy 47 years to double in size.
Time decreases by 70 years, 47 years, and 23 years when annual growth rates rise from 1% to 1.5%.
Growth rates are the changes in a particular variable's percentage over a given period of time. Growth rates can be either positive or negative, depending on whether the variable's size is changing over time or not. Growth rates were initially employed by biologists to study population sizes, but they have since been used to other fields such as economics, business management, and investment returns.
Increase rates for investors often reflect the compounded yearly rate of growth of an investment, or the revenues, earnings, or dividends of a corporation. Gross domestic product (GDP) and unemployment are two macroeconomic terms that are also analyzed using growth rates. Two popular types of growth rates used for analysis are expected forward-looking and trailing growth rates.
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a broker works on a 50/50 commission split with her firm. if she lists a house at $156,000 for 6% commission and sells it for $154,000, how much will she receive?
The 06 is the full commission amount for a total of $9,240.
A sales fee is a sum of money paid to a worker upon the final touch of a project, normally promoting a sure amount of goods or services. Employers every now and then use sales commissions as incentives to increase employee productivity. A fee can be paid in addition to profits or in place of revenue.
Commission refers to the reimbursement paid to an employee after completing an assignment, which is, often, promoting a sure wide variety of products or services. selling products or services is tough. specialists who're into sales and advertising address hard competition.
A price paid for offerings is generally a percentage of the total price. instance: town Gallery sold Amanda's portrait for $500, Amanda paid them a ten% commission, and so ended up with $450 for the portrait.
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aubrey is typing a 10 page research paper for her business law class on the branches of the us government. she decides to change the organization of the paper. which view would assist in performing this task?
Aubrey is writing a 10-page research project on the US government's branches for her business law class. She makes the decision to rearrange the paper's structure. This work would be made easier with the aid of outline view.
Business law , often called mercantile law or trade law, is the body of legislation that controls the rights, relationships, and conduct of individuals and businesses engaged in trade, commerce, merchandising, and sales. It is frequently regarded as a subset of civil law because it deals with both private and public law issues. Business law encompasses a variety of topics such as principal and agent, conveyance by land and water, merchant shipping, guarantees, marine, fire, life, and accident insurance, bills of exchange, negotiable instruments, contracts, and partnerships. Most of these categories fall under Financial law, a division of Business law with a focus on financing and financial markets. It can also be regarded to regulate business contracts, hiring practices, and the production
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to compensate for past racial discrimination in housing in an area, a property manager specifically sought to attract non-white tenants. this practice is
To compensate for past racial discrimination in housing in an area, a property manager specifically sought to attract non-white tenants. This practice is unlawful because it violates fair housing laws.
What do you mean by the house discrimination?Housing discrimination occurs when a person who is renting, purchasing, or selling a property is treated differently by someone else because they fit a specific description of a protected class.
A person who is non-White belongs to a group of people whose ancestry is not European. Certain jobs were essentially off-limits to non-White persons.
Federal housing discrimination is when a person is denied the right to rent or own a home because of their race, colour, religion, national origin, sexual orientation (including gender, gender identity, and sexual harassment), familial status, or disability.
Therefore, to compensate for past racial discrimination in housing in an area, a property manager specifically sought to attract non-white tenants. This practice is unlawful because it violates fair housing laws.
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clabber company has bonds outstanding with a par value of $117,000 and a carrying value of $107,500. if the company calls these bonds at a price of $103,500, the gain or loss on retirement is: multiple choice $13,500 loss. $9,500 loss. $9,500 gain. $4,000 gain. $4,000 loss.
$4,000 gain on the cancellation of securities (bonds) on retirement.
What is gain or loss on retirement?A security's (bond's) carrying value (CV) is the net value of the bond after deducting the discount or adding the premium on the par value. This will be taken into account when calculating gains on securities retirement (bonds). The issuer recognises a loss on retirement if the price paid to retire a bond is greater than the carrying amount of bonds. However, if the price paid is less than the carrying amount of the bonds at the time of retirement, the issuer records a gain on bond retirement.
Calculating the gain on the retirement or cancellation of securities (bonds):
Gain on Bond Retirement = Carrying value of Bond Call price of Bond = $ 107 500 $ 103 500 = $ 4 000.
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cumberland farms, a convenience store chain based in framingham, massachusetts, has a reputation for empowering its employees. in part, the company does this through online apps that allow workers to give input to decisions. if cumberland farms wanted to take other actions to empower its workforce, which of the following should it consider?
The correct answer is adopt a compensation plan that pays employees more when the company meets its goals.
Discuss the company's progress toward achieving its strategic goals on a regular basis, as well as the dangers and weaknesses that provide difficulties. Increase the amount of decisions that employees can make for themselves regarding how they carry out their work without management permission.
Giving your team members the authority to act and make decisions within your company is a key component of empowering your workers. It also implies that there is mutual trust and understanding to guarantee that these behaviors are consistent with corporate objectives. For a business to expand sustainably, employees need to feel empowered.
In fact, research has shown that "when people feel empowered at work, it's related with higher job performance, job satisfaction, and devotion to the firm," according to the Harvard Business Review.
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when price discriminating, a company owner should set price for each customer. no higher than marginal cost at the competitive market equilibrium at or just below the marginal benefit equal to marginal cost
when price discriminating, a company owner should set price for each customer.just below the marginal benefit equal to marginal cost
What can we say about a firm that is perfectly price discriminating?
First-degree discrimination, or perfect price discrimination, occurs when a business charges the maximum possible price for each unit consumed. Because prices vary among units, the firm captures all available consumer surplus for itself or the economic surplus.
What is marginal benefit and marginal cost?
Marginal benefit is the maximum amount of money a consumer is willing to pay for an additional good or service. The consumer's satisfaction tends to decrease as consumption increases. Marginal cost is the change in cost when an additional unit of a good or service is produced.
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Oil prices are denominated in terms of _____ in international commodities markets.
Answer:
Dollars.
Explanation:
The price of nearly every raw material the world consumes today, from oil to wheat to copper, is set in dollars.
you short-sell 200 shares of tuckerton trading co., now selling for $50 per share. what is your maximum possible gain, ignoring transactions cost?
No limit, To achieve a point when your loss is zero, the price of an option must increase to include the fair value in extra the already paid premium (breakeven).
What is the highest possible profit?To achieve a point when your loss is zero, the value of the option must increase to include the market price in extra to the existing premium (breakeven). As a call buyer, you have unlimited potential for profit because there is no increase in price cap.
The maximum gain is the strike price multiplied by the premium minus 100. Paid premium = maximum loss.
How are option gains and losses determined?The money from the sale, if the holder decides to sell the stocks or bonds that just bought at their market price, will also be money she earns. Subtract the amount she spent from the amount she earned to determine her profit or loss. That's all there is to it.
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if the debt payment (mortgage payment) is $100,000 and the net operating income (noi) is $130,000, what is the debt coverage ratio (dcr)?
The debt coverage ratio (dcr) will be 1.3
What is DCR?
The debt service coverage ratio compares the cash flow of a company to its debt commitments. Businesses can use DSCR to determine whether they have enough net operating income to repay loans. Divide net operating income by the total debt service, including principal and interest, to obtain the debt service coverage ratio (DSCR).2.0 or above A DSCR of at least 2 is regarded as very strong, despite the fact that there is no industry standard. The minimal DSCR standards that many lenders will establish range between 1.2 and 1.25.To know more about Debt here
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if the fed decides it needs to decrease both the aggregate demand and the money supply, then it will institute:
Answer: It would follow tight monetary policy
Explanation: Hope this was helpful
question content area if $354,000 of 10% bonds are issued at 95, the amount of cash received from the sale is
The amount of cash received from the sale is calculated to be $336,300.
The amount of cash received from the sale of bonds can be calculated by using the following formula;
Cash received = Face value of bond × Bond quote
Since $354,000 of 10% bonds are issued at 95 in this case, therefore we substitute the values in the equation to determine the amount of cash received from the sale as follows;
Cash received = $354,000 × (95 / 100)
Cash received = $354,000 × 0.95
Cash received = $336,300
Therefore $336,300 cash is received from the sale if $354,000 of 10% bonds are issued at 95
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an owner has a home with a great view of the river from her location, which is across the road from a vacant lot that has an even better view. unfortunately if the vacant lot sold, any building would obscure her view. what can she do to preserve her view?
She can do nothing about it to preserve her view.
Recollect, voluntary alienation truely approach you're selling your home. This is the type of belongings transfer you want to be part of! Involuntary alienation essentially manner the property is being transferred without the proprietor consent.
Consent: Consent of each the important and the agent is essential to form an agency courting. Greater specially, each the predominant and the agent need to consent to the agent appearing at the essential's behalf and situation to the fundamental's manipulate.
The most commonplace prevalence of involuntary alienation is whilst a financial institution evicts the residents because of unpaid loan balances. In different words, foreclosures is a situation where one loses their property due to unpaid debts.
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