Answer:
$500;$810
Explanation:
Based on the information given we were told that he painted his office and replaced the door at a cost of the amount of $500 which means that Travis has the amount of $500 in deductible direct expenses
Calculation for deductible indirect expenses.
First step is to calculate the utilities
Utilities= $3,000 x (240/2,400)
Utilities= $3,000 x 10%
Utilities= $300
Second step is to calculate the property taxes
Property taxes= $1,500 x 10%
Property taxes= $150
Third step is to calculate the mortgage interest
Mortgage interest= $3,600 x 10%
Mortgage interest= $360
Now let calculate the deductible indirect expenses.
Deductible indirect expenses=$300+$150+$360
Deductible indirect expenses=$810
Therefore Travis has $500 in deductible direct expenses and $810 in deductible indirect expenses.
7. Connor has identified the need to make changes in the efficiency of his customer service
department. In general, he will make changes in which three of the following categories?
Answer:
A) coordinate recruitment and compensation activities
Why are performance reviews important to workers and employers?
why is Africa called plateaus of plateu?
Answer:
Africa is called the plateau continent because almost the entire continent is raised above sea level and drops sharply off at the coast.
Explanation:
sana makatulong ❤❤
Answer:
continent because almost the entire continent is raised above sea level and drops sharply off at the coast.
Explanation:
Harry and Hanson were partners in a firm sharing profits and losses in the ratio 3:2. Their capital was $300,000 and $150,000 respectively and they were entitled to interest on capital of 25% per annum. At the end of the firm's financial year December 31, 2019, the firm earned profit of $180,000 after allowing for interest on capital. Given this information, the profits that will be distributed among the partners will be:
Answer:
JOURNAL
1. Cash a/c... Dr. 350000
To C's Capital a/c 200000
To Premium for Goodwill a/c 150000
(Being capital and premium for goodwill brought in by C)
2. Premium for Goodwill a/c... Dr. 150000
To A's Capital a/c 110000
To B's Capital a/c 40000
(Being premium for goodwill distributed among the partners in the ratio of 11:4)
3. A's Capital a/c.... Dr. 55000
B's Capital a/c.... Dr. 20000
To Cash a/c 75000
(Being half of the premium for goodwill withdrawn by the partners)
Calculation of sacrificing ratio:
A's sacrifice= 3/5- 2/7= 11/35
B's sacrifice= 2/5- 2/7= 4/35
Sacrificing ratio= 11:4
Based on the information given the profits that will be distributed among the partners will be: Harry $108,000; Hanson $72,000.
Given:
Profits and losses sharing ratio=3:2
Profit earned=$180,000
Hence:
Profit sharing
Harry Profit=3/(3+2)×$180,000
Harry Profit=3/5×$180,000
Harry Profit=$108,000
Hanson Profit=2/(3+2)×$180,000
Hanson Profit=2/5×$180,000
Hanson Profit=$72,000
Inconclusion the profits that will be distributed among the partners will be: Harry $108,000; Hanson $72,000.
Learn more here: https://brainly.com/question/17237029
Determine which of the statements below are accurate regarding how a petty cash fund is created and used in a business. (Check all that apply.)
A. When the fund is replenished, the Petty Cash fund account is debited.
B. Any employee may disburse cash from the fund as long as they bring back a receipt for their purchase.
C. The petty cashier is responsible for making payments from the petty cash fund.
D. The petty cashier is responsible for keeping the cash in the fund safe.
E. The sum of all petty cash receipts plus the remaining cash should equal the total of the fund amount at any given time
F. A check is drawn by the company cashier to establish the petty cash fund
Answer:
Options C,D,E and F are correct
Explanation:
Petty cash fund is used to provide sufficient cash to business units to spend on minor expenditures such as postage, taxi fares, etc.
The following statements are accurate regarding how a petty cash fund is created and used in a business:
C. The petty cashier is responsible for making payments from the petty cash fund.
D. The petty cashier is responsible for keeping the cash in the fund safe.
E. The sum of all petty cash receipts plus the remaining cash should equal the total of the fund amount at any given time
F. A check is drawn by the company cashier to establish the petty cash fund
Can provider gap 4, the communication gap, be closed prior to closing any of the other three provider gaps? How
Answer:
Gap 4, which deals with lowering customer expectations, can be closed at any time. While the first three gaps are concerned with raising company performance to meet expectations, gap 4 aims to lower customer expectations to meet perceptions.
Explanation:
Gap 4 can reduce customer expectations and can be filled at any time. The first three gaps focus on improving business performance in order to meet objectives.
What is communication?Communication is referred to the exchange of information between two individuals in the form of conversation, opinion, suggestion, or advice with the help of medium or direct interaction.
To match perceptions, gap 4 seeks to lower customer requirements. Since the two strategies for overcoming the consumer gap function according to different principles, they can each take place on their own.
The fourth gap seeks to lower the expectations of customers in order to align with perceptions, as opposed to the other three gaps, which focus on improving firm performance to fulfill expectations.
Learn more about communication, here:
https://brainly.com/question/22558440
#SPJ5
The complete question is probably
Can provider gap 4, the communication gap, be closed prior to closing any of the other three provider gaps? why or why not?
what occurs when the free market is not able to allocate resources and goods and services efficiently
Answer: Market failure
Explanation:
When the free market is not able to allocate resources and goods and services efficiently, this situation is referred to as market failure.
Market failure brings about disequilibrium in the market as the quantity supplied and the quantity demanded aren't in equilibrium anymore as there's market distortion. It takes place when the quantity of good. The distortion may be as a result of monopoly power.
Which type of account is also a type of loan, which the customer has access to for a set amount of time?
Answer:
Bank overdraft
Explanation:
Bank overdraft is a short term loan which need to repay within a certain period of time, less than a year
29. What happens as production of one item switches to the production of another item?
a. The cost of production stays the same.
b. The cost of production decreases.
Land costs rise more than labor costs.
d. More resources are needed.
c.
Answer:
I believe the answer is A
Explanation:
Tom is the CEO of a jewelry business based in Boston. He needs to send a parcel of 200 diamonds as quickly as possible to a partner in Canada. What mode of transport should he use?
A.
road
B.
sea
C.
air
D.
rail
E.
rail and road
Imagine that you earned $14,425 in one year. If the government enforces a
15% income tax, how much money would you owe in taxes at the end of the
year? Show your work.
Answer:
you would owe 2163.75 in taxes
Explanation:
Answer:
$2,163.75
Explanation:
The way to solve this multiply 14425 by the decimal form of 15%.
You always move it two to the left.
So 0.15
Then multiply
14425 • 0.15
2163.75
So you would owe $2,163.75
Hope this helps
To all the people who wacth Mha, whats your fav thing about it?
Answer:
the character development is so god tier
Explanation:
what are features of business environment
Answer:
Business environment includes specific forces such as investors, customers, competitors and suppliers. Non-human or general forces are Social, Legal, Technological, Political, etc. which affect the Business indirectly.
Regardless of what consumers want and what producers can provide, scarcity is a problem that will continue to be a part of our economy.
True
False
Answer:
The answer is A or True for EDGE 2021
Explanation:
The Corbit Corp. sold merchandise for $10,000 cash. The cost of the goods sold was $7,590. The journal entries to record this transaction under the perpetual inventory system would be
a.
Cash 10,000
Sales 10,000
Cost of Goods Sold 7,590
Inventory 7,590
b.
Cash 7,590
Sales 7,590
Cost of Goods Sold 7,590
Inventory 7,590
c.
Cash 10,000
Sales 10,000
Cost of Goods Sold 10,000
Inventory 10,000
d.
Cash 10,000
Inventory 10,000
Cost of Goods Sold 7,590
Sales 7,590
Answer:
a. Cash 10,000
Sales 10,000
Cost of Goods Sold 7,590
Inventory 7,590
Explanation:
Based on the information given if the company
sold merchandise for the amount of $10,000 cash in which The cost of the merchandise sold was the amount of $7,590. The appropriate journal entries to record this transaction under the perpetual inventory system would be to Debit Cash for $10,000; Credit Sales for $10,000 and to Dr Cost of Goods Sold for $7,590; Credit Inventory for $7,590.
Dr Cash 10,000
Cr Sales 10,000
Dr Cost of Goods Sold 7,590
Cr Inventory 7,590
How can interests play a role in planning for your career brainly
A.You may want to join clubs or teams at work.
B.You won't want to work with people who have different interests.
C.Interests should be included on your resume
.D.It is possible to choose a career based on your interests.
Interests play a role in career planning because D.It is possible to choose a career based on your interests.
Why should interests be considered in career planning?Interests are things we actually enjoy doing and are actively interested in doing.
These should therefore be considered when planning for a career because we can pick jobs based on out interests which would allow us to be motivated when doing those jobs.
Find out more on career planning at https://brainly.com/question/625263.
#SPJ2
d, it is possible to choose a career based on your interests
Put the phases of the business cycle in the correct order in which they follow a depression.
First phase
1. Recovery
2. Boom
3. Recession
4. Depression
Final phase
Edit: I put it in order so that's the answer
Answer:
1. Recovery
2. Boom
3. Recession
4. Depression.
Explanation:
You are quite right. That is the order.
After a depression occurs and the economy is in dire straits, it begins to recover due to a mix of factors such as government spending and cheaper inputs enabling more production.
The peak of this recovery is the Boom where the economy is doing very well but inflation has risen which would then make inputs expensive again.
As workers begin to be laid off, a recession kicks in and without intervention the economy would continue it's downward spiral till it is back in a depression.
To select a potential supplier-partner, the buyer...To select a potential supplier-partner, the buyer should consider:Multiple Choiceboth hard and soft factors with an eye toward short-term outcomes.both hard and soft factors with an eye toward long-term outcomes.hard factors such as quality, quantity, cost, and technology.the willingness of the supplier to quickly change processes for results.soft factors such as congruence of management values and compatibility.
Answer:
both hard and soft factors with an eye toward long-term outcomes.
Explanation:
Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.
The fundamental principle of supply chain management is the complete collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing producer), a wholesaler, and a retailer who typically sells the products to the customers or consumers.
Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.
Hence, to select a potential supplier-partner, the buyer should consider both hard and soft factors with an eye toward long-term outcomes. The hard factors comprises of equipment, product, technology, and raw materials used in the manufacturing process while the soft factors are work methods, organizational style and structure, labor or workforce, organizational procedures and policies.
3M allows employees to spend 15% of their working time on projects that they feel passionate about. Sometimes there is more interest than roles to play on the respective project teams. If, as a manager of one of these special teams, you chose to make volunteers compete for the right to work on your team, which conflict management approach would you be using
Answer:
Stimulating conflict
Explanation:
The stimulating conflict would measures the new goals search and it would be lead to innovation. Also it would increase the members bonding.
Since in the given situation the manager would select the volunteers in order to compete for the correct work that would stimulate the group bonding because of the same interest also it would rise the volunteers efficiency
Hence, it is used stimulating conflict
Tianna invested $500 in a CD account. She earned $8 in interest. Inflation was $2. What is Tianna's rate of return? (3 points)
Answer:
1.6%
Explanation:
A rate of return is the total gain or loss on investment. It is usually expressed in percentage form
Rate of return on the CD is the total return derived from investing in the Certificate of deposit
Rate of return = (interest earned / total amount invested ) x 100
(8/500) x 100 = 1.6%
If we are asked to calculate the real rate of return, the inflation rate would be subtracted from the interest earned
Real rate of return = [tex]\frac{8-2}{500}[/tex] × 100 = 1.2%
Match the action needed to increase profits with the reason a business might fail.
Setting a realistic budget for the company to follow would match with________.
A) bad location
B) poor management
C) Competition
D) finances
Answer:
D
Explanation:
finances
What are examples of keys in a database's second normal form? Check all that apply turn key, foreign key, primary key, multiple key, composite key, composition key.
Answer: 2, 3, and 5
Explanation:
Answer:
foreign key, primary key, composite key
Explanation:
French mining engineer Henri Fayol defined management as a process involving which of the following?
A. Planning
B. Organizing
C. Leading
D. All of these
Answer:
Option D
Explanation:
As per French mining engineer Henri Fayol, management as a process involves five elements -
a) Planning
b) Organizing
c) Commanding (leading)
d) Coordinating
e) Controlling.
Hence, all the three elements i.e Planning, organizing and Leading are present
Hence, option D is correct
Which of the following statements is correct about planning a successful conversion to Lean/Just-in-time operations. Multiple choice question. Management and employees must be convinced of benefit and receive training prior to conversion to avoid obstacles. Conversion should be accomplished quickly, not gradually, to realize the maximum benefit. When converting a production line, begin at the start and progress to the end of the line. Vendors should be converted to JIT delivering first, before implementing in the Buyer's organization.
Answer:
Management and employees must be convinced of benefit and receive training prior to conversion to avoid obstacles.
Explanation:
A lean business is a business concept used by organizations to eliminate waste and maximize value for growth and development. The lean business concept include the following;
I. A total quality management (TQM): it is a management framework that is focused on achieving long-term success through the satisfaction of your customers by the efforts of all the member of staff in an organization.
II. A continuous improvement (CI): it is a management technique that is focused on improving manufacturing processes, products and services through the elimination of redundancy and time-wasting activities in an organization.
III. Just-in-time (JIT): it is a management framework that is focused on cutting manufacturing costs and increase efficiency between suppliers and consumers through the use of a proper inventory system.
Additionally, lean production is a manufacturing methodology that is focused on integrating activities that are designed to provide massive quantity with high quality production using minimal resources, raw materials, finished products and work-in-process features.
This ultimately implies that, lean production is basically a supply management process aimed at elimination of waste as much as possible and it requires a mutual agreement between the management and employees, as well as proper training of the employees (workers) before implementing the conversion.
Hence, the statement which is correct about planning a successful conversion to Lean/Just-in-time operations is that both management and employees must be convinced of benefit and receive training prior to conversion to avoid obstacles.
Benefits about having personal finance
Answer:
1. It will help you get out of debt
2. It gives you a piece of mind, which is being more smarter than you already are
3. It would help you develop a abundance mindset
4. When you plan with a purpose and manage your money effectively, you will actually have REAL money, if that makes sense
5. You will have higher savings rates for retirement
Explanation:
In my opinion, there are no disadvantages of financial planning. When you give every dollar a purpose and a mission, your attitude towards money will change and you’ll find yourself becoming more intentional with your decisions.
Which choice is the best reason savings accounts are usually NOT the best
option when it comes to saving for retirement?
OA. You will not have enough "time horizon" with your saving investments.
OB. Time is not on your side when it comes to savings accounts.
Oc. Most savings accounts do not pay enough interest to keep up with inflation
OD. Many people will spend their savings if they can get to it.
Answer:
The answer is C
ive been stuck on this PLEASE help-- how do I find marginal cost?
this is my assignment:
What is the marginal cost of nitrogen in our example when nitrogen is priced at 25 cents a pound vs. if it was 35 cents a pound?
Answer:
Marginal cost is calculated by dividing the change in total cost by the change in quantity. Let us say that Business A is producing 100 units at a cost of $100. The business then produces at additional 100 units at a cost of $90. So the marginal cost would be the change in total cost, which is $90.
Why is it important to get to know core staff
members like secretaries and custodial staff?
Answer:
Managers must also determine the chain of command for custodial staff. ... School grounds can be defined as the full extent (i.e., corner pin to corner pin) of all ... see the discussion about Integrated Pest Management (IPM) in Chapter 4. ... Facilities staff are often uncomfortable calling attention to their own good work,
Explanation:
Answer:
couse maybe you want to be one someday
Explanation:
Please post detailed answers to the following questions. Please use complete sentences.What responsibilities do you believe people have as citizens in our global economy?
Answer:
Explanation:
GLOBAL CITIZENSHIP RESPONSIBILITIES. A global citizen, living in an emerging world community, has moral, ethical, political, and economic responsibilities. These responsibilities include: #1 Responsibility to understand one's own perspective and the perspectives of others on global issues.
Jamie receives $9.10 an hour for the first 40 hours and time-and-a-half for overtime. If he
works 45 hours, how much does he earn for the week?
Answer:
$432.25
Normal pay $364 + overtime pay $68.25