Answer: Corporate charter
Explanation:
The corporate charter is also referred to as the articles of incorporation. It is a document that contains the major components that make up a company, like the objectives of the company, the structure of the company, the number of shares the company has for sale and the planned operations of the company.
When a corporate charter is approved by the state, then the company will become a legal corporation. The corporate charter also contains the names of the people that are involved in its formation.
Answer:
The answer is (c) coporate charter
Explanation:
The Cash account of Gate City Security Systems reported a balance of 2400 at December 31, 2018. There were outstanding checks totaling 1300 and a December 31 deposit in transit of 400. The bank statement, which came from Tri Cities Bank, listed the December 31 balance of 3810. Included in the bank balance was a collection of 520 on account from Carol Lajoy, a Gate City customer who pays the bank directly. The bank statement also shows a 30 service charge and 20 of interest revenue that Gate City earned on its bank balance. Prepare Gate City's bank reconciliation at December 31.
Answer:
Explanation:
gate City bank reconciliation statement as at December 31, 2018
Balance as per cash book 2400
Direct payment to the bank (loan) 520
Less bank charges (30)
Add bank interest 20
Adjustment 510
Adjusted cash book balance 2910
Balance as per bank statement 3,810
Less outstanding check (1300)
Add deposit in transit 400
Adjustment (900)
Adjusted bank statement balance 2,910
all small indusrties are highly labor intensive true /false given reason
Answer:
FALSE.
Explanation:
Not ALL small industries are highly labor-intensive. If you start a small industry, it could become highly labor-intensive as a result of insufficient staffing, inventory, and other factors.
TIP: Never use "ALL", "ALWAYS", "NEVER", etc...words like this turn arguments false.
What are the advantages and disadvantages of the three primary business writing formats?
Answer and Explanation:
The business writing formats benefits and disadvantages of the three primary business writing formats are described below:-
A memorandum is a formal define that it is the way of communication that enables corporations to connect with their workers. This is typically used to distribute updates or issues.
Memos are highly increasingly being replaced by e-mail, so sending a memo is more difficult and costly. Therefore, a Business Letter is a structured communication method that's best used to connect with clients.
It generally takes more time to write and format a business letter than to write an email or memo.
As we know that an Email is easy to send and priceless, and make enable to send message to many people at a time also Many unwritten e-mails etiquette rules and can be too casual for many business purposes.
Business writing formats includes the use of memorandum, email business letters etc. The advantages and disadvantages of the three primary business writing formats are:
A Memorandum: (Advantages)
This is simply a formal, internal communication tool which allows companies to communicate with their employees. It is known to be used to deliver announcements or problems.Disadvantages
Memos are said to be rapidly been replaced by e-mail due to the fact that it is more complicated and expensive to deliver a memo.Business letters (Advantages)
A Business Letter is simply known as a formal communication tool which is utilized for communicating with customers.Disadvantages
Writing and formatting a business letter often takes more time than composing a memo or e-mail.Emails (Advantages)
E-mail is quick, easy and cheap, and allows you to send messages instantly to any number of people.Disadvantages
E-mail has too much unwritten rules to follow (etiquette) and it is too informal for many business purposes.Learn more from
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Kristoffer needs to create cell names that match the column headings he has already created. Select the correct navigational path to set those names using the Create from Selection command. Click on the tab on the ribbon and look in the Defined Names gallery.
Answer:
formula
create from selection
top row
Explanation:
just took the question on edge
The correct navigational path to create cell names that match the column heading using the Create from Selection command is: Click on the Formula tab on the ribbon and look in the Defined Names gallery. Select the range of cells, including the row that includes the name you wish to use. Select Create from Selection. Select Top row and click OK.
What is a cell?Cells are the boxes that appear in an Excel worksheet's grid. On a worksheet, each cell is identified by its reference, the column letter and row number that intersect at the cell's location.
Instead of creating cell names one by one, "Create from Selection" tool can be used to create cell names from a selection. The tool is in the "Defined Names" group of the Formulas menu.
Therefore, the correct path for using the Create from Selection command is first to click on Formula tab and look in the Defined Names gallery. Then select the range of cells, including the row that includes the name wish to use. Select Create from Selection. Select Top row and click OK.
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What is the answer to number 2?
Answer:
$6.9
Explanation:
If gallon of milk cost 1.12 in 1970, we can calculate the expected price in 2009 per gallon of milk using the proportion below:
2009 price/214.5 = $1.12/38.8
=>Find the expected price of 2009 by cross multiplying
38.8 × 2009 price = 1.12 × 214.5
38.8 × 2009 price = 240.24
=>Divide both sides by 38.8
2009 price = 240.24/38.8
2009 price = 6.19175258 ≈ 6.19
Expected price of gallon of milk in 2009 = $6.19
Getler Inc.'s projected capital budget is $2,000,000, its target capital structure is 40% debt and 60% equity, and its forecasted net income is $1,000,000. If the company follows a residual dividend policy, how much dividends will it pay or, alternatively, how much new stock must it issue?Dividends Stock Issueda.$541,500 $171,475b.$600,000 $190,000c.$514,425 $162,901d.$570,000 $180,500e.$ 0 $200,000
Answer:
The correct answer to the following question will be Option e (0 $ 200,000).
Explanation:
Residual dividend policy should be used for businesses that fund their capital needs by wealth earned at home. Such that, companies can make investments only if all investment requirements are satisfied by something like internal resources instead of moving to something like the marketplace.
Capital Budget = $2,000,000
Capital structure will be:
Debt = 40%
Equity = 60%
Income = $1,000,000
So let us measure the balance of our Expected Debt and Equity first:
Debt = [tex]2,000,000 \times 40 \ percent[/tex]
= [tex]800,000[/tex]
Equity = [tex]2,000,000\times 60 \ percent[/tex]
= [tex]1,2000,000[/tex]
As we know our income will be $1,000,000.
Then maybe we can have been using our inner income of $1,000,000 to funding everyone's capital requirement of $1,2000,000.
So,
Residual amount = [tex]1,000,000 - 1,2000,000[/tex]
= [tex]-200,000[/tex]
This suggests that our organization has to sell upwards of $200,000 shares of assets and therefore will not be capable to afford to pay some distributions yet. So that option e would be the right answer.
which of the following skill do employers in any field expect their empolyees to have
Answer:
The following skills employers expect from employee in recent times are (1) Communications skills (2)Fair knowledge of how to combine both technology and solutions together. (3)Critical thinking (4) emotional intelligence (5) Good writing skills (6) Flexibility and Agility (7) Sound knowledge in M.S words.
Explanation:
Solution
The required skill that employers expect their employees to have as at today is given below:
Communications skills:do the employee know how to influence and persuade others. Can they and do they want to do this. Fair knowledge of how to combine both technology and solutions together to function better that is, blending solutions to boost the ideas with speed.Flexibility and agility : can the employee flexible or are they difficult and too set in their ways? Are they so tough and opinionated that its takes hours to convince them.Writing skills: Do they have the ability to persuade and pitch especially in the use of emails.Sound knowledge of MS(Microsoft word) words: Do the employees have basic knowledge and use in MS applications as at today.Overall, pleasant and kind personEmotional intelligenceCritical thinking: Will the employees see issues based on facts or emotionscalculate the percentage by mass of all the components element in sodium trioxonitrate(v)
Sodium =27.05
Nitrogen=16.47
Oxygen=56.46
when a court interprets laws in a way that creates or promotes social change and wrestles with moral issues it is engaging in judicial
According to judicial terminologies, when a court interprets laws in a way that creates or promotes social change and wrestles with moral issues, it is engaging in judicial "precedent."
This is because judicial precedence is a legal ruling or outcome of the case that creates a judicial principle or rule that subsequent judgment of a court or other judicial body follows or serves as a rule when deciding subsequent cases.
Usually, judicial preference supports or favors social change and fights off the conventional belief or perception it is having in a judicial context.
Hence, in this case, it is concluded that the correct answer is Precedence.
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Answer:
c) activism
Explanation:
Early on in an amortized loan the interest portion of each payment is typically ______ than the principle portion. Towards the end of the loan term the interest portion of each payment is typically ______ than the principle portion. This is because the principle remaining _______ over the life of the loan. A) less / greater / increases B) greater / less / increases C) greater / less / decreases D) less / greater / decreases
Answer:
C
Explanation:
An amortized loan is a form of loan which the principle together with the accrued interest component is gradually written off over an agreed period of time at a specified rate.An equal amount is regularly paid over the extended period.
The interest component of an amortized loan is firstly settled before considering the principle amount , which makes the interest component to be higher that the principle at the initial stages. This process leads to a reduction in the volume of the principle balance with time . Moreover , as the principle reduces with time , the interest expenses also reduces , and it eventually gets to a point where the principle component of repayment becomes greater.
If some activity creates external benefits as well as private benefits, then economic theory suggests that the activity ought to be: A. Taxed B. Prohibited C.Subsidized D. Left alone
Answer:
C. Subsidized
Explanation:
According to the economic theory, subsidies could be used to counter market weaknesses and externalities so that greater economic performance is achieved. Subsidy refers to the release of funds from the government to an individual, business, or entity. This results in a decrease in the value of the subsidized product. This support could be either in the form of cash or kind and is usually given to support a social or economic policy. The purpose of the subsidy is to promote the interests of society. It is part of the government 's non-planned expenditure.
How do companies research potential new markets? Choose a global company who has a record of successful new market entry and explain why it has had this success, and consider also the reasons for any failures.
Explanation:
Companies search for potential new markets by collecting consumer data to understand their opinions, wants and needs, and then being able to enter a new market with a safe and effective strategy to generate profits and successes. Data collection occurs in the form of primary and secondary research. The primary research takes place directly with the consumer, it can be carried out in the form of focus groups, which is a direct analysis of the market demand researched by the consumer.
As for secondary research, information is received through third parties, such as online sites, trade associations, etc., which give an idea of market behavior.
IKEA in China is an example of a global company that entered a different market in the form of strategic adaptation to meet the needs of the Chinese, through ideas and concepts aimed at this public.
Bade Midwifery's cost formula for its wages and salaries is $1,230 per month plus $240 per birth. For the month of October, the company planned for activity of 105 births, but the actual level of activity was 101 births. The actual wages and salaries for the month was $26,470. The activity variance for wages and salaries in October would be closest to:
Answer:
wages and salaries activity variance= $1,000 unfavorable
Explanation:
Giving the following information:
Standard:
Fixed= $1,230
Variable= $240 er birth
Actual:
101 births.
The actual wages and salaries for the month was $26,470.
To calculate the activity variance for wages, we need to use the following formula:
wages and salaries activity variance= (actual costs - standards costs)
standards= 1,230 + 240*101= $25,470
wages and salaries activity variance= (26,470 - 25,470)
wages and salaries activity variance= $1,000 unfavorable
What personnel records would you suggest for a small retailer with three employees?
Explanation:
For a small retailer with three employees, the ideal would be to keep personnel records well organized, because regardless of the size of the company, the records function as a perspective of the human resources department and a protection for the company, therefore it is essential that the company have registration forms, selection data, evaluation reports, disciplinary forms, job description, social security number, etc.
what are the salient characteristics attributes lifestyle skill and traits that have made you successful in this business?
Answer:
Discipline and determination are the first two things necessary to make the business successful.
Explanation:
As a business owner, I need to have multiple qualities to achieve success. Creativity, perseverance maturity, self-confidence, ability to take rational chances, constantly growing your business experience, and never thinking about what others think or say about you or your organization. Honesty with one's works played a significant role in achieving the targeted goals in a set time. Persuasiveness and flexibility help to deal with different business situations.
Who owns the factors of production?
Answer: factors of production, such as land and capital, is owned by workers.
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mention 5 functions of distribution channels
Answer:
movement of goods
information provider
negotiation
financing
risk taking
Explanation:
a distribution channel is a chain of businesses through which a good or service passes until it reaches to the final consumer. hope it helps
Movement of goods, information provider, negotiation, financing and risk taking are the five functions of distribution channels.
What is distribution channels?A product or service could travel down a distribution channel to reach the market. A direct distribution channel is defined. A corporation can sell to customers directly through a direct distribution channel, which is typically a website or physical store.
Wholesalers, retailers, distributors, and the Internet are examples of distribution channels. The manufacturer sells directly to the customer through a direct distribution channel. Before the product reaches the customer, indirect routes use a number of middlemen.
Channels of distribution are crucial to organizations because they enable efficient delivery of products or services to clients. Unhappy customers and a subpar service may result from a firm failing to find the best group of businesses for this reason.
Thus, Movement of goods, information provider, negotiation, financing and risk taking.
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This year Truckit reported taxable income of $160,000 and received $20,000 of municipal interest. Truckit paid $55,000 in entertainment expenses and $15,000 in fines and penalties Truckit had $50,000 of accumulated E&P at the beginning of the year. What is Truckit’s current E&P?
Answer: $76,400
Explanation:
GIVEN THE FOLLOWING :
TAXABLE INCOME = $160,000
MUNICIPAL INTEREST = $20,000
ENTERTAINMENT EXPENSE = $55,000
FUN.
CURRENT E&P = (taxable income + interest) - (expenses + Tax deduction).
CURRENT E&P = $160,000 + $20000 - (55000 + 15000 + (160,000*0.21))
CURRENT E&P = 160000 + 20000 - 55000 - 15000 - 33600)
THEREFORE CURRENT E&P = $76,400
Which option completes the explanation for conflict of interest in an organization?
Answer:
Explanation:
conflict of interest is defined as a condition where an individual or organization is in a conflicting situation where the fulfillment of one’s interest could mean the detriment to the others. organizations tend to avoid these kinds of situations to occur, especially between the employee and the organization.
Laws have curtailed smoking, and as a result, the sale of cigarettes is down. Rather than fighting the law, the cigarette industry is looking for ways to take their business beyond cigarettes. Many experts believe that the cigarette producers have found a way around the law with the promotion and distribution of smokeless tobacco, which has shown consistent sales gains over the last decade. In terms of the social responsibility pyramid, at which level is the cigarette industry operating
Answer:
From the top of the pyramid, the Cigarette Industry is operating at the penultimate level which speaks to Legal Responsibility.
In descending order, there are four levels on the social responsibility pyramid. Namely:
Philanthropic Responsibility Phase: At this stage, the companies seek to contribute to improving the quality of life within and outside the communities they operate. Location sometimes may depend on policy and strategy.Ethical Responsibility Phase: At this phase of the pyramid, the companies are concerned about preventing damage to their brand. Therefore, they play to do what's right, just and fair.Legal Responsibility Phase: Companies working on this level will be comfortable playing by the rules. Their responsibilities are guided strictly by what is right and or wrong as far as the Laws of their e where they are located are concerned.Economic Responsibility Phase: The focus of the business at this stage is to fulfil its economic responsibilities. Any business' primary responsibility is to be and stay profitable.Cheers!
highlight four ways of improving productivity of labour as a factor of production
Answer:
Following are the four ways for improving the productivity of the labour is given below
Explanation:
If we give the proper resource assignment to each worker at the proper time we will increase the productivity of the labor .Increasing the skills by guiding the labor to the latest technology so they know the latest or the current technology they will increase the productivity .If we enhancing the physical capital it means if we dependent on the machinery they will increase the productivity . Giving the incentive to labor at the particular interval of time we will increase the productivity.If the exchange rate between the u.s. dollar and the Canadian dollar is 1:1.3, which of the following is true
Answer:
It will cost less to buy a $5 item in Canada than it will in the United States
Explanation:
if the exchange rate between the US Dollar and the canadian dollar is 1:1.3, then that menas that it would be easier to buy a commodity of $5 in canada as against buying in the US. This is because the price of the commodities will be affected by the exchange rate thus price making room for a 0.13
Cheers
Scenario: Mary Willis is the advertising manager for Bargain Shoe Store. She is currently working on a major promotional campaign. Her ideas include the installation of a new lighting system and increased display space that will add $24,000 in fixed costs to the $270,000 in fixed costs currently spent. In addition, Mary is proposing a 5% price decrease ($40 to $38) will produce a 20% increase in sales volume (20,000 to 24,000). Variable costs will remain at $24 per pair of shoes. Management is impressed with Mary's ideas but concerned about the effects these changes will have on the break-even point and the margin of safety. Compute the margin of safety ratio for current operations and after Mary's changes are introduced (Round to nearest full percent)
Answer:
Instructions are below.
Explanation:
Giving the following information:
Before:
Fixed costs= 270,000
Selling price= $40
Unitary variable cost= $24
Sales in units= 20,000
After:
Fixed costs= 294,000
Selling price= $38
Unitary variable cost= $24
Sales in units= 24,000
First, we need to calculate the break-even point in units:
Break-even point in units= fixed costs/ contribution margin per unit
Before:
Break-even point in units= 270,000/ (40 - 24)
Break-even point in units= 16,875 units
After:
Break-even point in units= 294,000/14
Break-even point in units= 21,000 units
Now, the margin of safety ratio:
Margin of safety ratio= (current sales level - break-even point)/current sales level
Before:
Margin of safety ratio= (20,000 - 16,875)/20,000
Margin of safety ratio= 0.156
After:
Margin of safety ratio= 3,000/24,000
Margin of safety ratio= 0.125
On January 1, a company issues bonds dated January 1 with a par value of $360,000. The bonds mature in 5 years. The contract rate is 9%, and interest is paid semiannually on June 30 and December 31. The market rate is 10% and the bonds are sold for $346,096. The journal entry to record the first interest payment using the effective interest method of amortization is:
Answer:
Debit Interest Expense $17,304.80; credit discount on bonds payable $1,104.8; credit cash $16,200
Interest Expense A/c......................Dr $17,304.80
Discount on bonds payable A/c....Cr $1104.8
To Cash A/c............................Cr $16,200
Explanation:
Given the following :
Bond value = $346,096
Market rate = 10% = 0.1
Contract rate = 9% = 0.09
Par value = $360,000
Note : Semiannual payment = rate / 2
Calculating the cash value and interest expense:
Cash value :
Par value × contract rate
$360,000 × (0.09/2)
$360,000 × 0.045
= $16,200
Interest expense :
Bond value × market rate
$346,096 × (0.1/2)
$346,096 × 0.05
= $17,304.8
The Federal Reserve conducts a $15 million open-market purchase of government bonds. If the required reserve ratio is 20 percent, the largest possible increase in the money supply that could result is $ ................. million, and the smallest possible increase is $ .....................million.
Answer:
$200 million
$30 million
Explanation:
When the requiredreserce ratio is 15 percent or 0.15 , then the money multiplier is (1 / required reserve ratio) or (1/0.15 = 0.67)
Now, change in money supply = money multiplier * open market purchase of government bonds.
Here , the Federal Reserve a $30 million open market purchase Of govemment bonds.
As a result of this;
Money Supply increases by (6.7 * $30 million) = $200 million.
This is the maximum amount the money supply could Increase.
Now, if the bank holds. $30 million as excess reserves, then money supply could increase by as much as $30 million. This is the smallest amount themoney supply could increase.
So, If the required reserve ratio is 15 percent the largest possible increase in the money supply that could result is $200 million- and the smallest possible increase is $30 million.
On December 1, 2016, Fine Dining Products borrowed $84,000 on a 12%, five-year note with annual installment payments of $16,800 plus interest due on December 1 of each succeeding year. On December 1, the principal amount was recorded as a long-term note payable. What amount of the note payable will be shown as current portion of long-term notes payable on the balance sheet as of December 31, 2016? (Round your answer to nearest whole number.)
Answer:
$16,800
Explanation:
The amount of the note payable as the current position of long term notes payable on the balance sheet as of December 31, 2016 can be calculated by just dividing the principal amount by the number of periods it has been borrowed for
Calculation: 84000/5 = $16,800
A car manufacturer is offering the choice of a 0.2% loan compounded monthly for 72 months or $1800 cash back on the purchase of a $20,500 new car. Completo parts (a) through (c) below.
(a) If a car buyer takes the 0.2% loan offer, how much will the monthly payment bo?
The car buyer's monthly payment will be $
(Do not round until the final answer. Then round to the nearest cont as needed.)
Answer:
$286.5
Explanation:
Given the following:
Principal (P) = $20,500
Period(n) = 72 months
Rate(r) = 0.2% = 0.002/12 = 0.000166666666
Monthly payment (M) =?
M = P [ r / (1 - (1 + r)^-n) ]
M = 20500[(0.000166666666) / (1 - (1+0.000166666666)^-72)
M=20500[(0.000166666666) / 1 - (1.000166666666^-72)
M= 20500[(0.000166666666) / 0.01192729912821
M = $20500 [ 0.01397354624952]
M = $286.457698115328
M = $286.5
9. Which of the following can demagnetize a magnet?
(A). Hanging it North-South direction (D). Heating and hammering it
(B). Using it in dynamo
(E). Using it in radio speaker
(C). Putting it in water
Answer:
option D is correct.....List 3 responsibilities that a consumer has when making a purchase.
check receipt, know the return policy, read the fine print
Answer:
1 searching for information about de goods
2 realizing the need of something
3 evaluating different products
A consumer's responsibilities include checking receipts, knowing the return policy, and reading the fine print.
Responsibility of a Consumer
Every consumer has basic responsibilities they need to adhere to when making a purchase. This is done to protect their right via consumer laws and these responsibilities includes
check the receipt of the purchaseknow the return policyread the fine print.When a consumer makes a purchase, s/he is required to check the receipt to avoid overbilling or charges from done intentionally or not. Knowing the return policy and reading the fine print would guide you in the use of the product.
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plz someone help me i will give brainliest this is on plato
Answer:
1. character
2. cash flow
3. credit history
4. collateral
Explanation: