Anchor Company purchased a manufacturing machine with a list price of $93,000 and received a 2% cash discount on the purchase. The machine was delivered under terms Free On Board shipping point, and freight costs amounted to $3,800. Anchor paid $5,400 to have the machine installed and tested. Insurance costs to protect the asset from fire and theft amounted to $7,000 for the first year of operations. Based on this information, the amount of cost recorded in the asset account would be:

a) Credit Inventory for $517,800

b) Debit Inventory for $66,800

c) Credit Accounts Receivable (or Trade Receivables) for the same amount

(a) The journal entry to record the sale of merchandise from Windsor Company to Wildhorse Company on March 2nd would be:

Debit Accounts Receivable (or Trade Receivables) for $854,200

Credit Sales Revenue for $854,200

Debit Cost of Goods Sold for $517,800

Credit Inventory for $517,800

The debit to Accounts Receivable represents the amount owed by Wildhorse Company for the merchandise purchased on account. The credit to Sales Revenue recognizes the revenue generated from the sale. The debit to Cost of Goods Sold recognizes the cost of the merchandise sold, and the credit to Inventory reduces the inventory balance as the goods are no longer in stock.

(b) The journal entry to record the return of merchandise by Wildhorse Company on March 6th would be:

Debit Sales Returns and Allowances for $109,800

Credit Accounts Receivable (or Trade Receivables) for $109,800

Debit Inventory for $66,800

Credit Cost of Goods Sold for $66,800

The debit to Sales Returns and Allowances reduces the revenue from the original sale. The credit to Accounts Receivable reduces the amount owed by Wildhorse Company for the returned merchandise. The debit to Inventory increases the inventory balance as the goods are returned to stock, and the credit to Cost of Goods Sold reduces the cost of the merchandise originally sold.

(c) The journal entry to record the payment received by Windsor Company on March 12th would be:

Debit Cash (or Bank) for the amount received from Wildhorse Company

Credit Accounts Receivable (or Trade Receivables) for the same amount

The debit to Cash represents the inflow of funds from the customer's payment. The credit to Accounts Receivable reduces the amount owed by Wildhorse Company, reflecting the settlement of the outstanding balance.

for more such questions on amount

https://brainly.com/question/28147009

#SPJ8

Option (b), The government ought to implement a tax that is calculated as P2 - P0 in order to encourage businesses to internalize the externality in this market.

It is referred to as a positive externality when a benefit is shared with a third party. The government is able to prevent negative externalities by taxing goods and services that generate spillover costs. The government can promote positive externalities by offering subsidies for goods and services that have positive spillover effects.

Externalities can be internalized through market processes, governmental control, autonomous groups, or a mix of these institutions.

Learn more about positive externality: https://brainly.com/question/28238938

#SPJ1

Expatica should enter into international markets by conducting extensive market research to identify potential markets and their unique cultural, economic and regulatory differences.

The process conducting extensive market research to identify potential markets and their unique cultural, economic and regulatory differences will help Expatica to tailor its offerings to meet the specific needs and preferences of each market. The company should also partner with local businesses to gain access to their networks and expertise in navigating the local market. Expatica should establish a strong online presence to reach a wider audience and invest in digital marketing to increase brand visibility and awareness. Additionally, the company should ensure compliance with local laws and regulations, and adapt to local customs and language to establish credibility and build trust with customers. Continuous monitoring of market trends and consumer preferences is crucial to ensure that Expatica remains competitive and relevant in each international market it enters.

For similar question on potential markets:

https://brainly.com/question/8215105

#SPJ11

The Kruskal-Wallis test is also referred to as one-way ANOVA on ranks or Kruskal-Wallis H test and it can be defined as a rank-based nonparametric test that is typically used to determine whether or not there are statistically significant differences between two (2) or more samples of an independent variable on either a continuous or ordinal dependent variable.

This ultimately implies that, a Kruskal-Wallis test can be used to determine whether two (2) or more samples originate from the same distribution.

Based on the given sample, the hypothesis is given by:

For this exercise, we would use R-studio to perform the Kruskal-Wallis test as follows:

df₁ = read.table (header = TRUE, text ="

product   Ratings

    A           55

    A           64

    A           79

    A           41

    A           69

    B           85

    B           99

    B           91

    B           88

    B           95

    C           65

    C           49

    C           35

    C           51

    C           58

")

DF₁ kruskal.test(Ratings ~ product, data = df1)

Based on the Kruskal-Wallis test, we obtained the following results (outputs):

Kruskal-Wallis chi-squared = 9.98.

Degrees of freedom, DF = 2.

P-value = 0.006806.

Next, we would determine the test statistic as follows:

Test statistic = Kruskal-Wallis chi-squared = 9.98.

P-value = 0.007.

Therefore, the p-value (0.007) is less than α = 0.05. Based on this, we should reject the null hypothesis (H₀) and accept the alternate hypothesis (Ha).

In conclusion, we can infer and logically deduce that there's sufficient statistical evidence at a 5% level of significance to state that there's a significant difference among the ratings for the products A, B, and C.

Read more on null hypothesis here: https://brainly.com/question/14913351

#SPJ1

At the profit-maximizing level of output, the quantity (Q) is approximately 35 units, and the marginal cost (MC) is $6.

The maximum profit generated at the profit-maximizing level of output is approximately -$40,375.

The total cost function given is: TC = Q³ - 50² + 300 + 10

MC = d(TC)/dQ

MC = d(Q³ - 50² + 300 + 10)/dQ

= 3Q² - 100Q

When Q = 35, MC = 3(35)² - 100(35) = 175

So, at the profit-maximizing level of output, the quantity (Q) is approximately 35 units, and the marginal cost (MC) is $6.

TR = P * Q

= $6 * 35

= $210

TC = Q³ - 50² + 300 + 10

= 35³ - 50² + 300 + 10

= 42875 - 2500 + 300 + 10

= 40585

Profit (π) = TR - TC

= $210 - $40585

= -$40375

The maximum profit generated at the profit-maximizing level of output is approximately -$40,375.

Learn more about profit on

https://brainly.com/question/1078746

#SPJ1

Answer:

7

Explanation:

Answer:

Being able to understand and help with another's emotions.

Explanation:

Answer:shes right

Explanation:

Answer: See explanation

Explanation:

The following information can be gotten from the question:

Expected dividend, D1 = $1.20

Required rate of return, r = 9%

Growth rate = 3.4%

Then, the formula to get the price will be:

= D1/(r-g)

= 1.2/(9%-3.4%)

= 1.2/5.6%

= $21.4

The amount to pay due the stock is less than $24.00

The correct answer to question 49 is that a producer may share commission with another licensed but unappointed producer. b is correct answer

A producer may share commission with another licensed but unappointed producer.

In the insurance industry, a producer is an individual or entity that sells, solicits, or negotiates insurance policies. Producers can be insurance agents, brokers, or other licensed professionals authorized to conduct insurance transactions. Commissions are the compensation received by producers for their services in selling insurance policies.

While producers typically earn commissions based on the premiums paid by policyholders, they may also share commissions with other licensed individuals who are not appointed producers. These individuals are usually part of the same agency or brokerage and contribute to the sales process. By sharing commissions, producers can incentivize teamwork, encourage collaboration, and reward the efforts of their colleagues.

It's important to note that sharing commissions with unlicensed individuals who have sold, solicited, or negotiated insurance policies is generally not allowed. Insurance regulations require that only licensed individuals engage in insurance-related activities. Unlicensed individuals do not have the necessary qualifications, training, and legal authorization to participate in the sales process or receive commissions.

The sharing of commissions with the underwriter of the insurance company or the insured to offset a portion of the premium payable is also uncommon. The underwriter is responsible for assessing risk and determining policy terms, while the insured pays premiums to obtain coverage. Commissions are typically allocated to the producer involved in the sale and are not shared with the underwriter or the insured.

Therefore, the correct answer to question 49 is that a producer may share commission with another licensed but unappointed producer.

for more such question on producer visit

https://brainly.com/question/3520933

#SPJ8

Swot analysis and the general electric model are comparable. In a swot analysis, company strength refers to the internal aspect, while market attractiveness corresponds to the external element.

A situational analysis determines possible clients, examines predicted growth, evaluates competitors, and creates a realistic assessment of your company using market research. It entails focusing on the specific goals of the company and determining the elements that help or hinder those goals.

Market development plan is a growth strategy used by businesses or organizations to reach target consumers they haven't yet attained or aren't already serving with their offerings.

To Know more about Market development

https://brainly.com/question/28497768

#SPJ4

La comunicación desempeña un papel fundamental en el funcionamiento de una organización, ya que permite la transmisión de información, ideas, instrucciones y retroalimentación entre los miembros del equipo. Existen varias formas de comunicación que se utilizan en un entorno organizacional. A continuación, describiré algunas de las formas más comunes:

Comunicación verbal: Es el uso de palabras habladas para transmitir información. Puede ser en forma de reuniones, conversaciones cara a cara, llamadas telefónicas o videoconferencias. La comunicación verbal es rápida y permite una interacción directa entre las personas, lo que facilita la clarificación de dudas y la resolución de problemas en tiempo real. Por ejemplo, durante una reunión de equipo, los miembros pueden discutir ideas, compartir actualizaciones y tomar decisiones conjuntas.

Comunicación escrita: Implica el uso de palabras escritas para transmitir información. Esto incluye correos electrónicos, mensajes de texto, informes, memorandos y documentos formales. La comunicación escrita es útil cuando se requiere un registro permanente de la información y proporciona la oportunidad de revisar y editar antes de enviar el mensaje. Por ejemplo, un gerente puede enviar un correo electrónico detallando las metas y objetivos del proyecto a su equipo para asegurarse de que todos estén al tanto de las expectativas.

Comunicación no verbal: Se refiere a la transmisión de información sin el uso de palabras. Incluye gestos, expresiones faciales, lenguaje corporal y tono de voz. A menudo, la comunicación no verbal puede transmitir emociones y actitudes que pueden complementar o contradecir el mensaje verbal. Por ejemplo, durante una presentación, el lenguaje corporal de un orador puede transmitir confianza y entusiasmo, lo que refuerza su mensaje.

Comunicación formal: Se lleva a cabo a través de canales oficiales y estructurados dentro de la organización. Esto incluye comunicaciones descendentes, como anuncios y políticas de la gerencia hacia los empleados, así como comunicaciones ascendentes, como informes de estado y retroalimentación de los empleados hacia los superiores. La comunicación formal es importante para establecer líneas claras de autoridad y responsabilidad, así como para garantizar la coherencia en la información transmitida.

Comunicación informal: Se produce a través de interacciones sociales no estructuradas entre los miembros de la organización. Esto puede incluir conversaciones informales en el lugar de trabajo, interacciones en las pausas para el café o discusiones en grupos de chat en línea. La comunicación informal es valiosa para fomentar la camaradería, construir relaciones y facilitar el intercambio de ideas no convencionales. Por ejemplo, en un entorno de trabajo abierto, los empleados pueden compartir ideas innovadoras durante una conversación informal en la sala de descanso.

La importancia de estas formas de comunicación en una organización radica en que permiten la colaboración efectiva, la toma de decisiones informada, la resolución de problemas, la coordinación de tareas y la creación de un ambiente de trabajo positivo. Una comunicación clara y efectiva evita malentendidos, reduce los errores, mejora la productividad y fortalece la cohesión del equipo.

Un ejemplo práctico podría ser una empresa de desarrollo de software. En este caso, la comunicación verbal sería esencial para que los miembros del equipo discutan los requisitos del proyecto, compartan actualizaciones diarias y resuelvan problemas en las reuniones diarias de puesta al día (stand-up meetings). La comunicación escrita sería crucial para documentar los requisitos, especificaciones técnicas y cronogramas del proyecto, así como para enviar correos electrónicos y mensajes de chat con actualizaciones y solicitudes de retroalimentación. La comunicación no verbal también tendría un papel importante, ya que el lenguaje corporal y las expresiones faciales en las reuniones ayudarían a transmitir confianza y apoyo entre los miembros del equipo. En cuanto a la comunicación formal, se utilizarían informes de estado y presentaciones formales para mantener a la alta dirección informada sobre el progreso del proyecto. Por último, la comunicación informal se daría en momentos de descanso, donde los empleados podrían discutir ideas, plantear desafíos y fomentar la creatividad en un ambiente más relajado

Answer:

There are several different forms of communication that are important in an organization. These include:

1. Verbal communication: This is the use of spoken words to convey a message. Verbal communication is important in an organization because it allows employees to communicate with each other and with customers. For example, a salesperson might use verbal communication to explain the features of a product to a customer. Another example is a team meeting where employees discuss project updates and share ideas.

2. Nonverbal communication: This is the use of body language, gestures, and facial expressions to convey a message. Nonverbal communication is important in an organization because it can convey emotions, attitudes, and intentions. For example, a manager might use nonverbal communication to show approval or disapproval of an employee's performance. Another example is a job interview where the interviewer might use nonverbal communication to assess the candidate's confidence and professionalism.

3. Written communication: This is the use of written words to convey a message. Written communication is important in an organization because it provides a permanent record of communication. For example, an email can be used to communicate project updates, deadlines, and other important information. Another example is a report that summarizes the results of a project.

4. Visual communication: This is the use of images, graphs, and other visual aids to convey a message. Visual communication is important in an organization because it can help to simplify complex information and make it easier to understand. For example, a chart can be used to show sales trends over time. Another example is a video that demonstrates how to use a product.

All of these forms of communication are important in an organization because they allow employees to share information, ideas, and feedback. Effective communication can also help to build trust and relationships between employees, customers, and partners. For example, if a customer has a positive experience with a salesperson, they are more likely to return to the organization in the future.

A practical example of the importance of communication in an organization is a team project. Effective communication is essential for the success of the project. Team members need to be able to communicate their ideas, concerns, and progress to each other in order to stay on track and meet deadlines. This might involve verbal communication in team meetings, written communication in project reports, and visual communication in presentations. Without effective communication, the project is likely to fail.

Measuring both quantity and quality (option B) is not a systematic process of control.

Controlling is described as a process in management, and it is a vital management function. It is important to mention that in the lack of any control process, management will fail to work properly. The management will fail to formulate a plan and work and will be unable to according to the implemented plan.

Measuring just the quantity and the quality, the performance measurement is overlooked. It is the main objective of control is to work as per plan and the level of performance must be by the formulated plan. However, measuring only the quality and quantity will not lead to a systematic process of control.

It can be concluded that measuring both quantity and quality (option B) is not a systematic process of control.

To know more about controlling, check this link:

https://brainly.com/question/28109846

#SPJ13

Answer:

D. all of the above

Explanation:

When you're planning to hire somebody to work in your company, you have to consider many things such as the job responsibilities of the person, his working hours and his wage. These are important because you have to let an applicant know what kind of job he is getting himself into and how much he will be earning provided the working hours. Once he agrees to it and you're also satisfied with his skills, you may come to terms or an agreement that he may now start working in your company. This is an efficient way to hire somebody without wasting so much time.

Answer: a. Recording contingent losses that are probable

Explanation:

Aggressive Accounting strategies are methods of recording company activities that will make it appear as if the company is doing well financially. These include acts such as;

Recording contingent losses that are probable on the other hand is a conservative accounting policy.

Answer:

Explanation:

Opportunity Costs for going to college

1. Cost of college tuition

2. Loss of income for getting a job right away instead of going to college

3. Time spend at college could be used of something else such as a hobby

Benefits for going to College

1. Getting a job with a higher salary

2. More job opportunities being available (i.e. jobs that require you be attending college or already have college degree)

3. Life experience you may gain attending college (such as mentoring from professors, joining clubs, etc.)

The entire surplus—the sum of consumer surplus and producer surplus—is maximised in competitive markets. When the marginal cost of production and the marginal benefit of consumption are equal, this occurs.

Consumer surplus is the difference between the maximum price a consumer is prepared to pay and the cost of the good. Profit from selling a good is the same as producer surplus.

In a competitive market when sellers are making just enough to make a typical profit, consumer surplus is maximised. This not only increases the market's consumer surplus but also ensures the production.

To know more about marginal cost visit:-

https://brainly.com/question/7781429

#SPJ1

Answer:

Name and Contact info

relevant skills

professional history

Explanation:

A business letter is not written Option C. between two private individuals.

A business letter is a formal letter used by businesses or companies to communicate with customers, clients, other companies, or government officials. It is used for various purposes, such as requesting information, placing orders, providing feedback, making inquiries, making claims, making offers, and more. Business letters are different from personal letters in that they are more formal, objective, and to the point.

Business letters are usually written by a company's employees who have the authority to do so. For instance, the sales team may write letters to prospective clients to solicit their business, while the human resources department may write letters to job applicants to inform them of their application status. There are various types of business letters, and each serves a different purpose. Some common types of business letters include:

1. Inquiry letters: Used to request information about products, services, or pricing.

2. Order letters: Used to place orders for goods or services.

3. Complaint letters: Used to make a formal complaint about a product or service.

4. Adjustment letters: Used to respond to a complaint or request for an adjustment.

5. Sales letters: Used to sell a product or service.

6. Acknowledgment letters: Used to acknowledge receipt of an order, complaint, or request.

7. Employment letters: Used to communicate with job applicants, employees, or ex-employees.

8. Invitation letters: Used to invite someone to an event or occasion.

9. Cover letters: Used to accompany a resume or job application.

Business letters are important because they create a record of communication between two parties, and they provide a paper trail of events. They are also important because they can be used in legal proceedings, as they show that the parties communicated about a particular matter. Therefore, the correct option is C.

The question was incomplete, Find the full content below:

A business letter is not written

A. between a company and its customers or clients

B. between one company and another company

C. between two private individuals

D. to employees within a company to recognize important achievements

Know more about Business letter here:

https://brainly.com/question/30679567

#SPJ8

Answer:

Gilbert and his team discovered through their research that people's values and personalities do in fact change over time. To conduct their research, they observed people over a period of time and studied how their values and personalities developed and evolved.

Gilbert explains that we assume our likes and dislikes will stay the same over time because people tend to rely on our current perspective and outlook to shape our decisions. He also tells us that time is a powerful force because it gives us the opportunity to experience life, reflect on our growth and develop our values and personalities.

As for my own personal growth, I can see that my personality and preferences have changed a lot over the past five years. I was much more reserved and shy when I started college, but I have since grown more confident and outgoing. I also used to prefer being alone and spending time outside, but now I'm more interested in socializing and exploring new places.

Answer:Meaning of Organisational Change

Features of Organisational Change

Forces of Change

Factors Affecting Organisational Change

Process of Organisational Change

Model of Organisational Change(Force Field Analysis)

Types of Organisational Change

Approaches to Planned Organisational Change

Explanation:

Answer:

1. Planned Change:

Organisational development (OD) is an educational strategy for bringing about planned change. Planned change concept makes it different from other approaches for change in organisations.

2. Encompasses the Whole Organisation:

This change covers the entire organisation. Organisational Development is the development of the whole organisation so that it can respond to change effectively. OD tends to ensure that all parts of the organisation are well coordinated in order to solve the problems and opportunities that are brought by change.

3. Long Range Change:OD is a long term process. It may take months or years to implement it. OD is never intended to be a stopgap arrangement or measure.

4. Systems Orientation:

OD is concerned with the various groups in the organisation and their interactions with each other. It is concerned with formal as well as informal or social relationships. It is concerned with group structures, processes and attitudes. OD emphasizes on the relationships among the groups not on the groups themselves.

5. Change Agent:

The services of outside experts are obtained, generally, to implement the OD process. In OD, “Do it yourself” programs are discouraged. When the primary change agent is a consultant from outside the organisation, he can operate independently without ties to the organisational hierarchy and politics of the organisation. The personnel director is the internal agent of the organisation who coordinates the program with the management and the external agent.

As the external agent also works with the management, there is a three way relationship of the personnel director, management and the outside consultant as they develop the OD program. Very rarely, an internal change agent is used by the organisation, who usually is a specialist on the personnel staff.

Explanation:

Answer:

Break-even point (dollars)= $660,000

Explanation:

Giving the following information:

The​ company's contribution margin ratio is 50​%

The break-even point is $600,000 in sales revenue.

Fixed expenses increase by $30,000.

To calculate the new break-even point in sales, we need to determine the break-even point for the increase in fixed costs:

Proportional break-even point (dollars)= increase in fixed costs/ contribution margin ratio

Proportional break-even point (dollars)= 30,000/0.5

Proportional break-even point (dollars)= $60,000

New break-even point:

Break-even point (dollars)= 600,000 +  60,000

Break-even point (dollars)= $660,000

Answer:

$349,182.47  and  $257,636.71  

Explanation:

The computation of net present value for each project is shown below:

For project A

                 ($)                                                           ($)

Year Cash flows Discount factor at 8% Present value   (A)

0          -179325        1.0000                       -179325.00

1          41000        0.9259                       37962.96

2          41000        0.8573                        35150.89

3         86295        0.7938                        68503.75

4         81400        0.7350                        141617.61

5         54000        0.6806                         245272.25

Sum of present value                            528507.47   (B)

Net present value                            349182.47   (A - B)

For project B

                        ($)                                                           ($)

Year Cash flows Discount factor at 8% Present value  

0         -152960           1.0000                         -152960.00   (A)

1          33000           0.9259                           30555.56

2          43000           0.8573                           36865.57

3          54000           0.7938                          42866.94

4          77000           0.7350                          110288.07

5          36000           0.6806                          190020.58

Sum of present value                            410596.71    (B)

Net present value                            257636.71    (A - B)

Refer to the discount factor table

Based on this the project A should be accepted as it generates high net present value

Answer: Take any corrective action when variances are reported, even if the variances for the period are substantial in amount

Explanation:

When organizations are making progress, the management may not need to impose some measures but allow the measures which was already in place for the success to keep playing out. One of the measures the management doesn't need to consider when making good progress to success is taking any corrective action when variances are reported, even if the variances for the period are substantial in amount

The correct option is : Elena should consider whether performing an additional service for the client will impair her independence.

This is a compulsory levy, imposed on citizen of a country by their government. The aim is to finance public goods for the benefit of the citizens.

Tax is a kind of legal financial charge imposed by the government on the profit and income of its citizens. The payment of tax for each citizen under the tax codes is not mandatory. The codes mandate you must file a return if you had any type of income, even from illegal sources.

However, a loss of independence would jeopardize the clients tax business, so she would carefully need to weigh whether the additional business is worth the risk.

Learn more about tax here: https://brainly.com/question/1133253

#SPJ1

Explanation:

it's tedious. I need help on this question. it looks like an incomplete question

Answer:

quantitative and qualitative

The strategic filters you must have are quantitative and qualitative filters.

They correspond to criteria for evaluating initiatives that must have high or low priority in the formulation of strategic planning, being essential for an organization to achieve competitive advantages and market positioning. Some examples are:

Therefore, strategic filters will help guide management, helping a company to identify which course of action must be taken to achieve success in the market.

Find out more about planning here:

https://brainly.com/question/24864915

#SPJ2

Answer:

Explanation:

Receivables turnover = $610,000[($21,000 + $25,000)2] = 26.52; Receivables period = 36526.52 = 13.76 days

Answer:bid

Explanation:

Answer:

biden is a china puppet aka he is being controlled by china

Explanation:

Answer:

Pretax cost of debt = 3.48%

Aftertax cost of debt = 2.71%

Explanation:

Missing word "What is the pretax cost of debt and aftertax cost of debt"

Coupon rate = 4%

YTM = 22

Nper = YTM*2 = 44

PMT = 1000*4%/2 = 20

FV = 1000

PV = 1080

Rate = rate(nper, pmt, -pv, fv)

Rate = rate(44, 20, -1080, 1000)

Rate = 0.0174

Rate = 1.74%

Pretax cost of debt = Rate * 2

Pretax cost of debt = 1.74% * 2

Pretax cost of debt = 3.48%

Aftertax cost of debt = [3.48% * (1 - 0.22)]

Aftertax cost of debt = 3.48% * 0.78

Aftertax cost of debt = 0.0348 * 0.78

Aftertax cost of debt = 0.027144

Aftertax cost of debt = 2.71%