You are Heidi Ganahl, CEO and Founder of Camp Bow Wow, and you are intending to expand the brand to new global locations. If you are expanding into a country that values humane-oriented leadership, which of the following behaviors is most in line with that perspective?
a. You implement weekly team building session to create a collaborative work environment.
b. You involve all employees in all decisions, ensuring that everyone participates in the decision making process.
c. You articulate a dear vision for changing the organization so that it will focus on consistently delivering high levels of performance.
d. You provide compassionate support when an employee is having difficulty with family issues.

Answers

Answer 1

Answer:

a. You implement weekly team building session to create a collaborative work environment.

Explanation:

Humane-oriented leadership may be defined as that kind of leadership which reflects the supportive as well as considerate leadership. It also exhibits the qualities of generosity, compassionate and modesty towards the humane employees or the work force.

In the context, Camp Bow Wow is expanding its brand in a new country which values humane-oriented leadership qualities. So implementing a team building session every week in order to create a collaborative work environment reflects the qualities of humane-oriented leadership of the brand.

Answer 2

A. When You implement weekly team building sessions to make a collaborative work environment.

Humane-oriented leadership

Humane-oriented leadership is also defined as that sort of leadership that reflects the supportive further as considerate leadership. It also exhibits the qualities of generosity, compassion, and modesty towards the humane employees or the workforce.

In this context, When Camp Bow Wow is expanding its brand in a new country that is the values are human-oriented leadership qualities. So implementing a team-building session each week to form a collaborative work environment reflects the qualities of human-oriented leadership of the brand.

Thus, the Correct option is A

Find out more information about Humane-oriented leadership here:

https://brainly.com/question/14265438


Related Questions

During 2022, Tamarisk, Inc. reported cash provided by operations of $826000, cash used in investing of $713000, and cash used in financing of $198000. In addition, cash spent on fixed assets during the period was $287000. Average current liabilities were $676000 and average total liabilities were $1785000. No dividends were paid. Based on this information, what was Tamarisk free cash flow? ($628000). $539000. ($150000). $113000.

Answers

Answer:

b. $539,000

Explanation:

Free cash flow = Cash flow from operating activities - Capital expenditures

Free cash flow = $826,000 - $287,000

Free cash flow = $539,000

Therefore, based on this information, Tamarisk Inc. free cash flow is $539,000

Why is having a long credit history with a few blemishes that were corrected better than a short history that is clear? edg

Answers

A long history with corrected blemishes exhibits that though mistakes were made,they were corrected which allows for those viewing your credit history to know that you’ve learned to fix mistakes making you trustworthy and experienced.

Which of the following best describes the type of loss covered by the Spoilage Damage insuring agreement of the ISO Equipment Breakdown Protection Coverage Form? A. The spoilage of perishable goods resulting from breakdown of covered equipment. B. Costs to replace food labels resulting from breakdown of refrigeration equipment.

Answers

Answer:

A. The spoilage of perishable goods resulting from breakdown of covered equipment.

Explanation:

The ISO Equipment Breakdown Protection Coverage is used to compensate for losses that occur as a result of equipment breakdown. The cost covered by this type of insurance includes cost of repair of the equipment that failed along with the replacement not any property damaged as a result of equipment failure.

So when perishable goods get damaged because of breakdown of covered equipment, the ISO Equipment Breakdown Protection Coverage will cover for the loss

Juan's investment portfolio was valued at $125,640 at the beginning of the year. during the year, juan received $603 in interest income and $298 in dividend income. juan also sold shares of stock and realized $1,459 in capital gains. juan's portfolio is valued at $142,608 at the end of the year. all income and realized gains were reinvested. no funds were contributed or withdrawn during the year. what is the amount of income juan must declare this year for income tax purposes?

Answers

Answer:

$2,360

Explanation:

Calculation to determine the amount of income juan must declare this year for income tax purposes

Using this formula

Income tax =Interest Income+Dividend Income+Capital gain

Let plug in the formula

Income tax=$603+$298+$1,459

Income tax=$2,360

Therefore the amount of income juan must declare this year for income tax purposes is $2,360

A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (20,000 units): Direct materials $180,000 Direct labor 240,000 Variable factory overhead 280,000 Operating expenses: Variable operating expenses $130,000 Fixed operating expenses 50,000 180,000 If 1,600 units remain unsold at the end of the month, the amount of inventory that would be reported on the variable costing balance sheet is a.$66,400 b.$64,000 c.$78,400 d.$56,000

Answers

Answer:

d.$56,000

Explanation:

The computation of the amount of inventory that would be reported on the variable costing balance sheet is shown below:

But before that following calculations need to be done

The total production cost

= Direct material + direct labor + variable factory overhead

= $180,000 + $240,000 + $280,000

= $700,000

Now the production cost per unit is

= $700,000 ÷ 20,000 units

= $35 per unit

Now the amount of inventory is

= 1,600 units × $35 per unit

= $56,000

What does an effective business begin with?

Answers

Answer:

trust, rules and schedules, a plan on what your selling, those products

Explanation:

I'm just saying what I think makes an effective business

Your and your business partner bake bread to be sold at the Madison Farmer's Market every Saturday. You calculate the underage cost to be $2.50 per loaf and the overage cost to be $0.75 per loaf. If you are baking the profit maximizing amount of bread that balances the overage and underage cost, how often should you expect to run out of bread at the farmer's market

Answers

Answer:

23%

Explanation:

Overage cost(Co) = $0.75

Underage cost(Cu) = $2.50

Service level = Cu/(Co + Cu)

Service level = $2.50 / ($0.75+$2.50)  

Service level = $2.50 / $3.25

Service level = 0.76923077

Service level = 76.92%

So the optimal service level is 77%

Risk of stock-out = 100% - Service level

Risk of stock-out = 100% - 77%

Risk of stock-out = 23%

Question 10 (5 points)
Company policy for internal control should include all of the following except for
which one?
Employees will be rotated.
Monthly bank statements should be sent to and reconciled by the same
employees who authorize payments and write checks.
At time of payment, all supporting invoices or documents will be stamped "paid."
The owner (or responsible employee) signs all checks after receiving
authorization to pay from the departments concerned.

Answers

Answer:

Monthly bank statements should be sent to and reconciled by the same employees who authorize payments and write checks

Explanation:

Those who believe in
monetarism look to all of the
following as a way to raise or
lower the money supply
EXCEPT which one?
A. Place taxes on humanitarian aid.
B. Let the "invisible hand" decide things.
C. The government can change the reserve
ratio.
D. Allow for more governmental securities.

Answers

Answer:

C. The government can change the reserve

ratio.

Which of the following is NOT an example of fixed expenses?

Select the best answer from the choices provided.
A.
Health insurance premium

B.
Interest on college loans

C.
Apartment Rent

D.
The amount of gas to fill up your tank

Answers

Answer:

A.

Health insurance premium

Explanation:

helping

On September 15, 2021, the Scottie Company board of directors declared a 8% stock dividend on common shares. The shares are to be distributed on October 10, 2021, to shareholders of record on October 1, 2021. The market price per share on the date of declaration was $24.4 while the market price on the date of distribution was $26.4. The common stock has a par of $5 per share and there were 1,200,000 shares outstanding prior to the declaration of the stock dividend.
Required:
Prepare any necessary journal entries to record the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 3 Record declaration of common stock dividend. Note: Enter debits before credits. General Journal Debit Credit Date September 15, 2021 Record entry View general Journal Clear entry

Answers

Answer:

Date         General Journal                             Debit           Credit

Sept 15     Stock dividend                           $2,342,400

                 (1,200,000*8%*24.4)

                         Common Stock dividend distributable    $480,000

                          (1,200,000*8%*5)

                          Paid in capital in excess of par-              $1,862,400

                          Common Stock

Oct 1         No Journal entry

Oct 10       Common Stock dividend             $480,000

                 distributable  

                           Common Stock                                          $480,000

You borrow money on a self liquidating installment loan (equal payments at the end of each year, each payment is part principal part interest)
Loan amount $670,000
Interest Rate 11.4%
Life 54 years
Date of Loan January 1, 2021
Use the installment method - not straight line
Do NOT round any interrmediate numbers.
Do NOT turn this into a monthly problem.
Do NOT put in minus signs, answer all positive numbers.
Required:
1. What is the annual payment (round to the nearest $)?
$ ____
2. What are the total interest payments (round to the nearest $)?
$ _____
3. After 34 payments have been made, what percentage of the total interest has been paid (round to the nearest percentage point)?
____ %
4. After 34 payments have been made, what percentage of the total principal has been paid (round to the nearest percentage point)?
____ %
Redo the problem if the interest rate is 2%
(for a well designed spreadsheet this should take 30 seconds)
Required:
5. What is the annual payment (round to the nearest $)?
____$
6. What are the total interest payments (round to the nearest $)?
____$
7. After 34 payments have been made, what percentage of the total interest has been paid (round to the nearest percentage point)?
____ %
8. After 34 payments have been made, what percentage of the total principal has been paid (round to the nearest percentage point)?
____ %

Answers

Answer:

Loan = $670,000

Interest Rate = 11.4%

Years (Life) = 54 years

1. Loan = Annual installment * (1-(1+i)^-n)/i

$670,000 = Annual installment * (1-(1+11.4%)^-54)/11.4%

$670,000 = Annual installment * 8.74614912

Annual installment = $670,000 /8.74614912

Annual installment = 76605.14257

Annual installment = $76,605

2. Total interest payment = Total installments - Original loan

Total interest payment = $76605.14*54 - $670,000

Total interest payment = $4,136,677.56 - $670,000

Total interest payment = $3,466,677.699

Total interest payment = $3,466,678

3. Capital o/s after 34 payments = 76605.14257 × (1-(1+11.4%)^-20)/11.4%

= $594412.8888

Capital repaid = $670000 - $594412.8888 = $75587.11123

Total interest paid till 34 installments = $76605.14257*34 - $75587.11123 = $2528987.736

Percentage of interest = ($2528987.736/ ($76605.14257*54- $670000)) * 100

Percentage of interest = 0.7295133715

Percentage of interest = 72.95133715%

4. Percentage of principal = (75587.11123/670000)*100

Percentage of principal = 0.1128165839

Percentage of principal = 11.28165839%

Percentage of principal ≈ 11%

Sanders Co. is planning to finance an expansion of its operations by borrowing $49,200. City Bank has agreed to loan Sanders the funds. Sanders has two repayment options: (1) to issue a note with the principal due in 10 years and with interest payable annually or (2) to issue a note to repay $4,920 of the principal each year along with the annual interest based on the unpaid principal balance. Assume the interest rate is 9.5 percent for each option.
Required
a. What amount of interest will Sanders pay in year 1 under option 1 and under option 2?
Amount of Interest
Under option 1
Under option 2
b. Wihat anount of insyinyder option 1 and under option 27 (Round your final answers to the nearest dollar amount)
Amount of Interest
Under option 1
Under option 2
c. Which option is more advantageous to Sanders?
Option 1
Option 2

Answers

Answer:

Following are the responses to the given question:

Explanation:

For point a:

Interest amounts are paid by sanders in year 1 Under option 1 and 2

In option 1  

Due principal  [tex]\$49,200[/tex]

Rate of Interest [tex]9.50\%[/tex]

Expanse Interest [tex]\$4,674[/tex]

In Option 2  

Due principal  [tex]\$49,200[/tex]

Rate of Interest [tex]9.50\%[/tex]

Expanse Interest [tex]\$4,674[/tex]

For point b:

Interest amounts are paid by sanders in year 1 Under option 1 and 2

In option 1  

Due principal  [tex]\$49,200[/tex]

Rate of Interest [tex]9.50\%[/tex]

Expanse Interest [tex]\$4,674[/tex]  

In Option 2  

Due principal  [tex]\$44,280[/tex]

Rate of Interest [tex]9.50\%[/tex]

Expanse Interest [tex]\$4,207[/tex]

For point c:

Option 2 is better for Sanders since it reduces investment expenditure

On January 1, 2016, Parker Company issued bonds with a face value of $62,000, a stated rate of interest of 11 percent, and a five-year term to maturity. Interest is payable in cash on December 31 of each year. The effective rate of interest was 13 percent at the time the bonds were issued. The bonds sold for $57,639. Parker used the effective interest rate method to amortize the bond discount. (Round your intermediate calculations and final answers to the nearest whole dollar amount.)
Required
a. Prepare an amortization table Discount Cash Payment Expense Amortization Carrying Value Interest Date January 1, 2016 December 31, 2016 December 31, 2017 December 31, 2018 December 31, 2019 December 31, 2020 Totals 57,639 6,820 7,493 673 58,312
b. What is the carrying value that would appear on the 2019 balance sheet? Carrying value
c. What is the interest expense that would appear on the 2019 income statement? Interest expense
d. What is the amount of cash outflow for interest that would appear in the operating activities section of the 2019 statement of cash flows?

Answers

Answer:

Parker Company

a. Amortization Table

Date                                                 Interest        Discount

                            Cash Payment   Expense   Amortization   Carrying Value

January 1, 2016                                                                            $57,639

December 31, 2016    $6,820         $7,493           $673               58,312

December 31, 2017      6,820            7,581               761              59,073

December 31, 2018      6,820           7,679              859             59,932

December 31, 2019     6,820            7,791               971              60,903

December 31, 2020    6,820            7,917            1,097             62,000

b. The carrying value that would appear on the 2019 balance sheet is:

= $60,903.

c. The interest expense that would appear on the 2019 income statement is:

= $7,791.

d. The amount of cash outflow for interest that would appear in the operating activities section of the 2019 statement of cash flows is:

= $6,820.

Explanation:

a) Data and Calculations:

Face value of bonds =      $62,000

Proceeds from the issue = 57,639

Bonds discount =                $4,361

Stated rate of interest = 11% paid annually on December 31

Effective rate of interest = 13%

December 31, 2016:

Interest expense =      $7,493 ($57,639 * 13%)

Interest payable =       $6,820 ($62,000 * 11%)

Discount amortization    $673 ($7,493 - $6,820)

Bond value = $58,312 ($57,639 + $672)

December 31, 2017:

Interest expense =     $7,581 ($58,312 * 13%)

Interest payable        $6,820 ($62,000 * 11%)

Discount amortization   $761 ($7,581 - $6,820)

Bond value = $59,073  ($58,312 + $761)

December 31, 2018:

Interest expense =     $7,679 ($59,073 * 13%)

Interest payable        $6,820 ($62,000 * 11%)

Discount amortization $859 ($7,679 - $6,820)

Bond value = $59,932 ($59,073 + $859)

December 31, 2019:

Interest expense =     $7,791 ($59,932 * 13%)

Interest payable        $6,820 ($62,000 * 11%)

Discount amortization  $971 ($7,791 - $6,820)

Bond value = $60,903 ($59,932 + $971)

December 31, 2020:

Interest expense =         $7,917 ($60,903 * 13%)

Interest payable           $6,820 ($62,000 * 11%)

Discount amortization  $1,097 ($7,917 - $6,820)

Bond value = $62,000 ($60,903 + $1,097)

A customer of RoughEdge Sharpeners alleges that RoughEdge's new razor sharpener had a defect that resulted in serious injury to the customer. RoughEdge believes the customer has a possible chance of winning the case, and that if the customer wins the case, there is a range of losses of between $1,000,000 and $3,000,000 in which any number is equally likely to occur. Under U.S. GAAP, RoughEdge should accrue a liability in the amount of:

Answers

Answer:

$5,000,000,000,000,000,000.000

Jennifer is preparing for a conference. For that, she needs to access various websites to secure relevant information on various companies participating in the conference. Which software application will enable her to view the websites of all the companies?
A.
Internet
B.
URL
C.
browser
D.
email
E.
malware

Answers

A- the internet would weather to view the websites of all the companies

Answer:

C. browser

internet is the software and the browser is the application.

Direct labor or machine hours may not be the appropriate cost driver for overhead in all areas of manufacturing due to the complexities of many manufacturing processes. Many companies use activity-based costing (ABC) which uses multiple drivers (items that consume resources) rather than just one driver to apply overhead to their activities. With ABC, a company can use a cost driver that has a direct cause/effect relationship in its applied overhead costs.
Waterways looked into ABC as a method of costing because of the variety of items it produces and the many different activities in which it is involved. The activities listed below area sample of possible cost pools for Waterways.
Assembling Payroll
Billing Plant supervision
Digging trenches Product design
Janitorial Purchasing materials
Machine maintenance Selling
Machine setups Testing
Molding Welding
Packaging
Using the following information, determine the overhead rates and the actual cost assigned for each of the activity cost pools in a possible ABC system for Waterways.
WATERWAYS CORPORATION
Activity Cost Estimated Expected Use
Pools Cost Drivers Overhead of Cost Drivers Actual Use
per Activity of Drivers
Irrigation
installation Labor cost $1,928,440 13,030 13,010
Machining (all
machine use) Machine hours 1,668,750 33,375,000 33,376,000
Customer
orders Number of
orders 28,600 2,600 2,562
Shipping none (direct) N/A N/A traced directly
Design Cost per design 763 7 6
Selling Number of sales
calls 306,000 20,400 20,610
How would you classify each of the following activities by level-unit level, batch level, product level, or facility level?
Testing of products (if all items are tested)
Testing of products (if all items are not tested)
Designing new products
Packaging
Molding
Assembling
Depreciation
Machine maintenance
Advertising
Equipment setups
Electricity required to run equipment
Requisitioning materials

Answers

Answer:

WATERWAYS  CORPORATION

1. Overhead Rates and Actual Cost

Activity Cost                        Activity-based                Actual Cost

Pools                                  Overhead Rates               Assigned

Irrigation Installation  $148 ($1,928,440/13,030)  $1,925,480 ($148 * 13,010)

Machining                  $0.05                                   $1,668,800

(all machine use)     ($1,668,750/33,375,000)    ($0.05 * 33,376,000)

Customer Orders      $11 ($28,600/2,600)           $28,182 ($11 * 2,562)

Design                        $109 ($763/7)                     $654 ($109 * 6)

Selling                        $15 ($306,000/20,400)      $309,150 ($15 * 20,610)

2. Classification of activities by level, unit level, batch level, product level, or facility level:

Testing of products (if all items are tested)               Unit level

Testing of products (if all items are not tested)         Batch level

Designing new products                                             Product level

Packaging                                                                    Unit level

Molding                                                                        Product level

Assembling                                                                  Batch level

Depreciation                                                                Facility level

Machine maintenance                                                Facility level

Advertising                                                                  Product level

Equipment setups                                                      Batch level

Electricity required to run equipment                       Unit level

Requisitioning materials                                            Unit level

Explanation:

a) Data and Calculations:

ABC system for Waterways.

WATERWAYS CORPORATION

Activity Cost                                      Estimated    Expected Use

Pools                 Cost Drivers           Overhead  of Cost Drivers  Actual Use

                                                                             per Activity        of Drivers

Irrigation  Installation  Labor cost       $1,928,440    13,030            13,010

Machining

(all  machine use) Machine hours       1,668,750   33,375,000  33,376,000

Customer  orders Number of  orders      28,600    2,600           2,562

Shipping               none (direct)              N/A           N/A         traced directly

Design                 Cost per design               763        7                     6

Selling Number of sales  calls              306,000   20,400           20,610

During the current year, the company purchased equipment for $212,000 on October 1. It is estimated the equipment will have a useful life of 8 years and a salvage value of $12,000. Estimated production is 40,000 units and estimated working hours are 20,000. During the current year, the company uses the equipment for 525 hours and the equipment produced 1,000 unites. The company uses December 31 as its fiscal year end.
Part 1: For the current year, compute depreciation expense using the straight-line method.
Part 2: For the current year, compute depreciation expense using the activity method (units of output).
Part 3: For the current year, compute depreciation expense using the activity method (working hours).

Answers

Answer:

$6250

$5000

$5250

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($212,000 - $12,000) / 8 = $25,000

The machine was used for only 3 months in the fiscal year. Thus, the depreciation expense = $25,000 x (3/12) = $6250

Activity method based on output = (output produced that year / total output of the machine) x (Cost of asset - Salvage value)

(1000 / 40,000) x ($212,000 - $12,000) = $5000

Activity method based on hours worked = (hours worked that year / total hours of the machine) x  (Cost of asset - Salvage value)

($212,000 - $12,000) x (525 / 20,0000)  = $5250

At the beginning of his current tax year, David invests $13,410 in original issue U.S. Treasury bonds with a $10,000 face value that mature in exactly 25 years. David receives $540 in interest ($270 every six months) from the Treasury bonds during the current year, and the yield to maturity on the bonds is 3.4 percent. (Round your intermediate calculations to the nearest whole dollar amount.) a. How much interest income will he report this year if he elects to amortize the bond premium

Answers

Answer:

The amount of income that David will report this year if he elects to amortize the bond premium is $455.94.

Explanation:

This can be calculated as follows:

Interest income = Carrying value of the bond * Yield to maturity…………….. (1)

Where;

Carrying value of the bond = $13,410

Yield to maturity = 3.4%

Substituting the values into equation (1), we have:

Interest income = $13,410 * 3.4% = $455.94

Therefore, the amount of income that David will report this year if he elects to amortize the bond premium is $455.94.

At the beginning of 2020, Concord Company acquired a mine for $3,251,600. Of this amount, $124,000 was ascribed to the land value and the remaining portion to the minerals in the mine. Surveys conducted by geologists have indicated that approximately 12,100,000 units of ore appear to be in the mine. Concord incurred $210,800 of development costs associated with this mine prior to any extraction of minerals. It also determined that the fair value of its obligation to prepare the land for an alternative use when all of the mineral has been removed was $49,600. During 2020, 2,634,000 units of ore were extracted and 1,894,000 of these units were sold.

Required:
a. Compute the total amount of depletion for 2020.
b. Compute the amount that is charged as an expense for 2014 for the cost of the minerals sold during 2020.

Answers

Answer:

A. $737,520

B. $530,320

Explanation:

a. Computation for the total amount of depletion for 2020.

First step is to calculate the Depletion Rate

Depletion Rate = ($3,251,600 - $124,000 + $49,600 + $210,800)/12,100,000

Depletion Rate= $3,388,000/ 12,100,000

Depletion Rate= 0.28

Now let calculate the total amount of depletion for 2020.

2020 Total amount of depletion= 0.28 × $2,634,000

2020 Total amount of depletion= $737,520

Therefore the total amount of depletion for 2020 is $737,520

B. Computation for the amount that is charged as an expense for 2014 for the cost of the minerals sold during 2020.

Expense amount charged= ($737,520/$2,634,000)* 1,894,000

Expense amount charged=0.28 *1,894,000

Expense amount charged=$530,320

Therefore the amount that is charged as an expense for 2014 for the cost of the minerals sold during 2020 is $530,320

Consider each of the transactions below. All of the expenditures were made in cash.
The Edison Company spent $25,000 during the year for experimental purposes in connection with the development of a new product.
In April, the Marshall Company lost a patent infringement suit and paid the plaintiff $8,500.
In March, the Cleanway Laundromat bought equipment. Cleanway paid $19,000 down and signed a noninterest-bearing note requiring the payment of $24,500 in nine months. The cash price for this equipment was $38,000.
On June 1, the Jamsen Corporation installed a sprinkler system throughout the building at a cost of $41,000.
The Mayer Company, plaintiff, paid $25,000 in legal fees in November, in connection with a successful infringement suit on its patent.
The Johnson Company traded its old machine with an original cost of $13,900 and a book value of $6,900 plus cash of $10,600 for a new one that had a fair value of $13,900. The exchange has commercial substance.

Answers

Answer:

1. Dr Research and development expenses $25,000

Cr Cash $25,000

2. Dr Legal fees expenses $8,500

Cr Cash $8,500

3. Dr Equipment $38,000

Dr Discount on Note Payable $5,599

Cr Cash $19,000

Cr Note Payable $24,500

4. Dr Building - sprinkler system $41,000

Cr Cash $41,000

5. Dr Patent $25,000

Cr Cash $25,000

6. Dr Equipment new $13,900

Dr Accumulated Depreciation - equipment $7,000

Dr Loss on trade in $3,600

Cr Cash $10,600

Cr Equipment - old $13,900

Explanation:

Preparation of the journal entries

1. Dr Research and development expenses $25,000

Cr Cash $25,000

2. Dr Legal fees expenses $8,500

Cr Cash $8,500

3. Dr Equipment $38,000

Dr Discount on Note Payable $5,599

($38,000-$19,000-$24,500)

Cr Cash $19,000

Cr Note Payable $24,500

4. Dr Building - sprinkler system $41,000

Cr Cash $41,000

5. Dr Patent $25,000

Cr Cash $25,000

6. Dr Equipment new $13,900

Dr Accumulated Depreciation - equipment ($13,900 - $6,900) $7,000

Dr Loss on trade in $3,600

($10,600+$13,900-$13,900-$7,000)

Cr Cash $10,600

Cr Equipment - old $13,900

what is jute sacks ?​

Answers

Explanation:

A burlap sack or gunny sack, also known as a gunny shoe or tow sack, is an inexpensive bag, traditionally made of hessian fabric formed from jute, hemp or other natural fibers. Modern-day versions of these sacks are often made from synthetic fabrics such as polypropylene.

On January 1, 2019, the stockholders' equity section of Green Mountains Corporation's balance sheet reported the following: Common stock, par $1, authorized 100,000 shares, issued 10,000 shares $10,000 Additional paid-in capital 150,000 Retained earnings 160,000 During 2019, the following selected transactions occurred (assume they occurred in the order given):
April 1 Issued a 10% stock dividend when the market price was $20. The stock dividend is considered small.
May 1 200 shares of treasury stock were purchased at $18 per share.
September 1 Announced 2 for 1 stock split
December 1 Declared and paid a cash dividend of $0.5 per share.
Required: Journalize all the transactions listed above for equity during 2019.

Answers

Answer:

Date     Account Titles and Explanation         Debit       Credit

Apr 1     Retained earnings                              $20,000

             [10000*10%]*$20

                    To common stock                                          $1,000

                     {1000*$1]

                     To additional Paid-in-capital                         $19,000

                      -Common stock [1000*(20-1)

              (To record stock dividends)

May 1    Cash                                                       $3,600

             (200*$18)

                   To treasury stock                                             $3,600

             (To record purchase of treasury stock)

Sept 1   No entry

Dec 1  Retained earnings                                   $10,800

          [(10000+1000-200)*2]*$0.5

                  To cash                                                               $10,800

           (To record declaration and payment of cash dividends)

how market forces would act to return the market to state of equilibrium at the new equilibrium position.

Answers

Answer:

market forces would shift upwards or downwards

Explanation:

during a situation of high demand, supply would shift to the right in order to achieve more sales or in a situation of high supply the demand can be shifted to the right by decreasing prices. At low supply demand can be shifted leftwards by increasing prices and when demand is lower, supply falls due to lower sales

Market factors would change to the upside or downside would act to return the market to state of equilibrium at the new equilibrium position.

What do you mean by equilibrium?

When economic forces are in balance, there is said to be an economic equilibrium. In the absence of outside influences, economic variables essentially hold true to their equilibrium levels. Market equilibrium and economic equilibrium are two different concepts.

The set of economic factors that the economy is normally driven toward by supply and demand and other conventional economic processes is known as economic equilibrium.

The concept of economic equilibrium can also be used to describe a wide range of elements, including interest rates or overall consumer spending.

The point of equilibrium denotes a theoretical state of rest where all economic activities that "should" occur have actually happened, given the initial conditions of all significant economic variables.

Economists who think of economic processes as akin to physical phenomena like velocity, friction, heat, or fluid pressure draw the notion of equilibrium from the physical sciences. Nothing else changes once a system's physical forces are in equilibrium.

Learn more about equilibrium, here

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On January 1, Year 1, Parker Company issued bonds with a face value of $77,000, a stated rate of interest of 8 percent, and a five-year term to maturity. Interest is payable in cash on December 31 of each year. The effective rate of interest was 10 percent at the time the bonds were issued. The bonds sold for $71,162. Parker used the effective interest rate method to amortize the bond discount. (Round your intermediate calculations and final answers to the nearest whole dollar amount.)
Required
a. Prepare an amortization table. Date Cash Payment Interest Expense Discount Amortization Carrying Value 71,162 72,118 6,1607 ,116 January 1, Year 1 December 31, Year 1 December 31, Year 2 December 31, Year 3 December 31, Year 4 December 31, Year 5 Totals 6,1607 ,116
b. What is the carrying value that would appear on the Year 4 balance sheet?
c. What is the interest expense that would appear on the Year 4 income statement?
d. What is the amount of cash outflow for interest that would appear in the operating activities section of the Year 4 statement of cash flows? b. Carrying value
c. Interest expense
d. Cash outflow for interest

Answers

Answer: See explanation

Explanation:

a. Prepare an amortization table.

The ammortization table has been prepared and attached.

Note that:

Cash paid = $77000 × 7%

Interest expense was calculated as:

= Last year’s Bond Carrying value × 10%

Discount ammortization = Interest Expense - Cash Paid

b. What is the carrying value that would appear on the Year 4 balance sheet?

The carrying value will be $75600.

c. What is the interest expense that would appear on the Year 4 income statement?

The interest expense will be $7433.

d. What is the amount of cash outflow for interest that would appear in the operating activities section of the Year 4 statement of cash flows?

The cash outflow for interest be $6160.

Carrying Value = $75600

Interest Expense = $7433

Cash Outflow for Interest = $6160

Telfer, Inc. reported net income of $2.7 million in 2020. Depreciation for the year was $162,300, accounts receivable decreased $357,400, and accounts payable decreased $296,500. Compute net cash provided by operating activities using the indirect method.

Answers

Answer:

See below

Explanation:

Computation of net cash provided by operating activities using the indirect method

Cash flow from operating activities

Net income

$2,700,000

Adjustments to reconcile net income

Add: Decrease in accounts receivable

$357,400

Less: Decrease in accounts payable

$296,500

Add: Depreciation expense for the year

$162,300

Net cash provided by operating activities

$2,923,200

Project Z will result in unit sales of 2,250, at a price of $650 each. The variable cost (VC) of each unit is $325. The cost accountant will allocate overhead on the existing plant to Project Z at a rate of $21 per unit. A special piece of equipment must be leased for $75,000 per year for purposes related solely to Project Z. Project Z will reduce sales of the same company’s Project X by 900 units (selling price of $950 with variable cost of $510 and overhead allocation of $32 per unit). What is the total incremental cash flow for Project Z?

Answers

I’m not tooooo sure but I think it’s a

Copper Hill Inc. manufactures laser printers within a relevant range of production of 70,000 to 100,000 printers per year. The following partially completed manufacturing cost schedule has been prepared:
Complete the following cost schedule: Round your answers to two decimal places.
Number of Printers Produced 70,000 90,000 100,000 Total costs: Total variable costs $350,000 $fill in the blank 1 $fill in the blank 2 Total fixed costs 630,000 $fill in the blank 3 $fill in the blank 4 Total costs $980,000 $fill in the blank 5 $fill in the blank 6 Cost per unit: Variable cost per unit $fill in the blank 7 $fill in the blank 8 $fill in the blank 9 Fixed cost per unit $fill in the blank 10 $fill in the blank 11 $fill in the blank 12 Total cost per unit $fill in the blank 13 $fill in the blank 14 $fill in the blank 15

Answers

Answer:

                                    70,000                90,000                        100,000

Total variable costs     $350,000         $450,000                     $500,000

Total fixed costs          $630,000            $630,000                    $630,000

Total Costs                    $980,000           $1,080,000                  $1,130,000

variable costs per unit    $5                      $5                                 $5

fixed cost costs per unit  $9                      $7                                 $6.30

total cost per unit             $14                     $12                                $11.30

Explanation:

Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments

If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.  

Hourly wage costs and payments for production inputs are variable costs

Variable costs are costs that vary with production

If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.  

fixed cost would remain the same regardless of the number of output. Fixed cost would be $630,000 for 90,000 and 10,000 unit of output

fixed cost per unit = total fixed cost / output

$630,000 / 70,000 = $9

$630,000 / 90,000 = $7

$630,000 / 100,000 = $6.30

to determine the total variable cost for quantities, 90,000 and 10,000, the average variable cost has to be determined

Average variable cost = total variable cost / output

$350,000 / 70,000 = $5

Average total cost = average fixed cost + average variable cost

total variable cost for output 90,000 = $5 x 90,000 = $450,000

total variable cost for output 100,000 = $5 x 100,000 = $500,000

total cost = total fixed cost + total variable cost

total cost for output 90,000 = $450,000 + $630,000 = $1,080,000

total cost for output 100,000 = $500,000 + $630,000 = $1,130,000


Branch Adjustment account is in the nature of :
Real account
O Nominal account
Personal account
>
O None of these

Answers

Answer:

B. Nominal Account.

Explanation:

Branch accounting is a system of bookkeeping that uses a system of separate branch accounting. This branch is also known as the operating locations of an organization.

The account which uses branch adjustment accounting is a nominal account. The nominal account is the general ledger account that closes its account at the end of every year, using branch accounting.

Therefore, option B is correct.

Depletion Entries Alaska Mining Co. acquired mineral rights for $67,500,000. The mineral deposit is estimated at 30,000,000 tons. During the current year, 4,000,000 tons were mined and sold. a. Determine the amount of depletion expense for the current year. Round the depletion rate to two decimal places. $fill in the blank ed11a103ff82045_1 b. Journalize the adjusting entry on December 31 to recognize the depletion expense. If an amount box does not require an entry, leave it blank. Dec. 31 fill in the blank 396e8209705d02e_2 fill in the blank 396e8209705d02e_3 fill in the blank 396e8209705d02e_5 fill in the blank 396e8209705d02e_6

Answers

Answer: See explanation

Explanation:

a. Determine the amount of depletion expense for the current year.

First, we've to calculate the depletion rate per unit which will be:

= $67,500,000 / 30,000,000

= $2.25

Then, the depletion expense will be:

= $2.25 × 4,000,000

= $9,000,000

b. Journalize the adjusting entry on December 31 to recognize the depletion expense.

Debit Depletion expense $9,000,000

Credit Accumulated depreciation $9,000,000

(Being depletion of 4,000,000 tons)

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