The increase in a business's commitments to stockholders is called retained earnings. Businesses may retain assets generated through operations.
By business, what do you mean?A person engaged in business is also one who makes things or provides services with the intention of selling them for a profit. Commercial Definition. A business is an entrepreneurial organization or institution that engages in commercial activity. They may be industrial, commercial, or other types.
What are the foundations of business?You should start by learning the fundamentals of business if you want to succeed. You may build a lasting firm by studying your clients and learning about their wants and needs, but you must first develop the fundamental business skills needed.
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You just acquired 1,000 from the lottery.
You decide to invest in stocks with it (like a smart person should). You figure on buying apple stock which costs $100 a share. How many shares would you own of apple if you bought $1,000 worth of apple stock at $100 a share.
If you bought $1,000 worth of Apple stock at $100 per share, you would own 10 shares of Apple stock.
To determine the number of shares you would own of Apple stock if you bought $1,000 worth of stock at $100 per share, you need to divide the total investment amount by the price per share.
Number of shares = Total investment amount / Price per share
In this case, the total investment amount is $1,000 and the price per share is $100.
Number of shares = $1,000 / $100
= 10 shares
Therefore, if you bought $1,000 worth of Apple stock at $100 per share, you would own 10 shares of Apple stock.
It's important to note that stock prices fluctuate, so the actual number of shares you would own may vary depending on the current market price at the time of purchase. Additionally, transaction fees and other costs associated with buying stocks should also be taken into consideration.
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ACTIVITY 2 Consider the department that you work in. Write down the learning materials that you use regularly (for instance, this could include policy documents and guidelines and instruction manuals). Discuss how these materials are managed and who is responsible for this management?
My go-to reference books for learning include management of Manuals, syllabi; slides from classes, internet videos, resources, and tutorials online
The lecturer and/or a school manager are normally in charge of managing these resources by management. They may occasionally be run by a divisional or school librarian. It is an obligation of every professor to update and care for the learning resources in accordance with their own standards and instructions, which are normally provided for students to access and use. This will have various documents to take in with the purpose of management.
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People who combine natural resources, labor, and capital in a profitable venture are called entrepreneurs.
a. true
b. false
Portions of the financial statements for Clear Transmissions Company are provided below.
CLEAR TRANSMISSIONS COMPANY
Income Statement
For the Year Ended December 31, 2021 ($ in thousands)
Sales $ 2,160
Cost of goods sold 864
Gross margin 1,296
Salaries expense $ 388
Depreciation expense 250
Amortization expense 38
Interest expense 96
Loss on sale of cash equivalents 20 792
Income before taxes 504
Income tax expense 252
Net Income 252
CLEAR TRANSMISSIONS COMPANY
Selected Accounts from Comparative Balance Sheets
December 31, 2021 and 2020 ($ in 000s)
Year
2021 2020 Change
Cash 135 128 7
Accounts receivable 259 274 (15 )
Inventory 464 478 (14 )
Accounts payable 198 190 8
Salaries payable 106 114 (8)
Interest payable 54 48 6
Income tax payable 45 38 7
Required:
Prepare the cash flows from operating activities section of the statement of cash flows for Clear Transmissions Company using the indirect method. (Enter your answers in thousands (i.e., 5,000 should be entered as 5). Amounts to be deducted should be indicated with a minus sign.)
Answer:
Clear Transmissions Company
Clear Transmissions Company
Statement of Cash Flows for the year ended December 31, 2021
Operating activities: ($ in 000s)
Net Income $252
Depreciation expense 250
Amortization expense 38
Loss on sale of cash equivalents 20
Changes in working capital:
Accounts receivable 15
Inventory 14
Accounts payable 8
Salaries payable (8)
Interest payable 6
Income tax payable 7
Cash flow operations $602
Explanation:
a) Data and Calculations:
CLEAR TRANSMISSIONS COMPANY
Income Statement
For the Year Ended December 31, 2021 ($ in thousands)
Sales $ 2,160
Cost of goods sold 864
Gross margin 1,296
Salaries expense $ 388
Depreciation expense 250
Amortization expense 38
Interest expense 96
Loss on sale of cash equivalents 20 792
Income before taxes 504
Income tax expense 252
Net Income 252
CLEAR TRANSMISSIONS COMPANY
Selected Accounts from Comparative Balance Sheets
December 31, 2021 and 2020 ($ in 000s)
Year 2021 2020 Change
Cash 135 128 7
Accounts receivable 259 274 (15 )
Inventory 464 478 (14 )
Accounts payable 198 190 8
Salaries payable 106 114 (8)
Interest payable 54 48 6
Income tax payable 45 38 7
100 POINTS PLS HELP
In the hiring process are people who are willing to confirm the job candidate's previous employment
and discuss the candidate's qualifications for the job being applied for
A. Subcontractors
В. Classifieds
C. Personnel
D. References
Answer:
D. references
Explanation:
:)
imagine you are trying to gather the information needed to calculate the balance of payments for an Eastern European country. To do your calculations, you would need to have information on all of the following EXCEPT:
Group of answer choices.
tourist spending in the country
foreign aid the country receives
its imports and exports
military expenditures it makes in other countries
its corporate tax rates
Information that you would not need to calculate the balance of payments for the Eastern European country is its corporate tax rates.
What are balance of trade payments?This refers to the difference between cashflow leaving the country and those being brought into the country.
You would therefore need information on imports and exports, expenditures in other nations, foreign aid coming into the country, and tourist spending.
The country's tax rates however, have nothing to do with balance of payments.
In conclusion, option E is correct.
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Which of the following is an advantage of engineering controls?
C : Because they modify the work environment and equipment to reduce or isolate the worker from the source of the exposure to a hazard, engineering controls are more effective than administrative and PPE controls.
What advantages do engineering controls provide?By removing hazardous conditions or putting a barrier between the worker and the hazard, engineering controls safeguard workers. Local exhaust ventilation, which collects and removes airborne emissions, and machine guards, which protect the worker, are two examples. Installing guardrails to prevent falls, using portable air conditioners to combat heat stress, limiting exposure to hazardous chemicals through ventilation, and installing noise absorption panels to reduce high noise levels are all examples of engineering controls.
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Complete question :
Which of the following is an advantage of engineering controls?
a. Administrative controls.
b. Personal protective equipment (PPE).
c. protect workers .
When the money market is drawn with the value of money on the vertical axis, if the price level is below the equilibrium level, there is an
A. excess demand for money, so the price level will rise.
B. excess demand for money, so the price level will fall.
C. excess supply of money, so the price level will rise.
D. excess supply of money, so the price level will fall.
Answer:
A.
Explanation:
The value of money will rise so A, excess demand for money, so the price level will rise.
When the money market is drawn with the value of money on the vertical axis, if the price level is below the equilibrium level, there is an excess demand for money, so the price level will rise. Hence, option A is appropriate.
What is the meaning of the money market?Bank accounts, including term certificates of deposit, interbank loans (loans between banks), money market mutual funds, commercial paper, Treasury bills, and securities lending and repurchase agreements are among the items traded in money markets (repos).
A part of the economy that offers short-term funding is the money market. Short-term loans are often made on the money market for a year or less.
Short-term Treasury securities, such as T-bills, certificates of deposit (CDs), commercial paper, repurchase agreements (repos), and money market mutual funds whose investment in these assets are some of the different types of securities that make up the money market.
Local and foreign traders that require quick access to funds can get it through the money market. It offers a provision for bills of exchange to be discounted, which enables quick financing for the purchase of goods and services. The acceptance houses and discount marketplaces are advantageous to international dealers.
Hence, option A is correct.
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Question 9 of 10
One way to maintain good credit is to:
A. keep a high debt-to-credit ratio.
B. make numerous applications for credit.
C. lower your balances.
D. open many credit accounts.
SUBMIT
To maintain good credit, it is important to lower your balances. By keeping your credit card balances low compared to your credit limits, you demonstrate responsible credit management and show lenders that you can manage your debts effectively.
Option C. lower your balances. is correct answer.
To maintain good credit, it is important to adopt responsible financial habits. One way to achieve this is by lowering your balances. Keeping low credit card balances compared to your credit limits demonstrates financial discipline and responsible credit management. This indicates that you are not overly reliant on credit and are able to manage your debts effectively.Lowering your balances helps to keep your credit utilization ratio low, which is the percentage of your available credit that you are currently using. A low credit utilization ratio is seen as favorable by lenders and credit bureaus as it indicates a lower risk of defaulting on payments. Aim to keep your balances below 30% of your credit limits, and the lower, the better.On the other hand, options A, B, and D are not advisable for maintaining good credit. Keeping a high debt-to-credit ratio (option A) can indicate a heavy reliance on credit and a higher risk for lenders. Making numerous credit applications (option B) can negatively impact your credit score due to the potential for multiple hard inquiries. Opening many credit accounts (option D) can also have a negative impact, as it can lead to potential overspending and difficulty managing multiple accounts.In conclusion, one effective way to maintain good credit is by lowering your balances, keeping your credit utilization ratio low, and demonstrating responsible credit management.For more questions on credit limits
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Explain what is visual media,and elaborate on its advantage and disadvantage
Identify one supply or demand shifting factor that the community could have some control over or do something about
One supply or demand shifting factor that the community could have some control over is consumer preferences and behaviors.
1. Consumer Education: The community can actively engage in educating consumers about the benefits of certain products or services. By providing information on the positive impacts of choosing certain goods or services, consumers may shift their preferences towards those options, influencing the demand.
2. Marketing and Advertising: Local businesses and organizations can collaborate to promote goods and services that align with the values and preferences of the community. Effective marketing strategies can influence consumer demand and encourage them to choose specific products, thereby shifting the demand curve.
3. Support for Local Producers: Community members can actively support local producers and businesses by purchasing their goods and services. By creating a demand for locally sourced products, the community can influence supply chain dynamics and encourage businesses to cater to their preferences.
4. Sustainable Practices: Promoting sustainable practices within the community can also have an impact on supply and demand. By advocating for eco-friendly products and services, such as renewable energy or ethically sourced goods, the community can create a shift in consumer demand, influencing businesses to adjust their supply accordingly.
5. Collaboration with Local Authorities: The community can collaborate with local authorities to enact policies that align with their preferences. For example, advocating for stricter environmental regulations or supporting initiatives that promote fair trade can influence both supply and demand factors.
By actively engaging in these steps, the community can exert some control over consumer preferences and behaviors, thereby shifting the supply and demand dynamics in their favor.
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In 2019, Colin and Laura sold their house for $990,000. They paid $40,000 in expenses so their proceeds are $950,000. They bought the house in 2013 and paid $300,000 for the home and spent $30,000 to add on a garage so their basis would be $330,000. They subtract $330,000 from $950,000 to find their gain equals $620,000. When filing their joint income tax return, if all of other conditions are met, what is the maximum amount Colin and Laura could exclude from the sale of their home
Answer:
the total maximum amount that excluded is $500,000
Explanation:
The computation of the maximum amount that could be excluded is as follows:
In the case of the gain on sale of personal residence of taxpayer the amount of $250,000 would be considered as an exclusion other than married filing
But in the case of married filling the above amount should be doubled
Therefore the total maximum amount that excluded is $500,000
Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international businesses based in the United Kingdom
Answer:
In the last 30 years, national economies have shifted towards decreasing trade barriers, and the world is becoming global economic space. Economic turbulence, especially in one of the major economies like the US, Europe, and China, tends to have ripple effects on other world economies. For example, the subprime housing crisis in 2008, which upturned the US economy, reached global proportions with the economic and financial meltdowns that were felt globally.
The new emergence in the economic system suggests that national boundaries are shrinking, and economies are becoming integrated and interdependent. In the last 30 years, China emerged as a global economic superpower, challenging the dominance of the US and European economies.
For businesses based in the United Kingdom, they have wider opportunities and better playing grounds. They can look beyond Europe and the US for investment and business opportunities. China, especially Hong Kong, is becoming an investment haven. Even other developing countries like Brazil, South Africa, and Dubai are becoming more attractive with increased consumer spending.
Secondly, the United Kingdom will continue to be the center of attraction for some Asian firms that will use London as a launching pad for their European businesses. This also poses some threats, just as it generates opportunities for global expansion of UK-based businesses.
Explanation:
Globalization has caused the world economies to merge and become a global economy. However, in the last four years, China seems to be recoiling to its shelves with the coming on board of the Trump Administration, which had exposed China's behind-the-door fiscal and monetary policies. This started when the administration labeled China as a currency manipulator. China is becoming alienated from the US and having its reputation tarnished internationally. The earlier prediction that China would emerge as the dominant superpower economy in 2010 was not wholly realized. China is re-strategizing by concentrating its investments in Asia, Africa, Latin America, and some parts of Europe.
Which of the following best explains what a futures contract is?
a. a contract preventing the future sale or exchange of a particular good
b. a contract limiting the future liability of one set of partners if a business fails
c. a contract setting the price for the exchange of two foreign currencies
d. a contract setting the price and date for a commodity purchase
Answer:
d. a contract setting the price and date for a commodity purchase
. Compute cost of direct labor used.2. Compute cost of direct materials used.3. Compute cost of goods manufactured.4. Compute cost of goods sold. (Do not consider any underapplied or overapplied overhead.)
1. The computation of the direct labor used is as follows:
Factory Payroll (paid with cash): $57,000
Indirect labor: $7000
Direct labor = $50,000 ($57,000 - $7,000)
2. The computation of the direct materials used is as follows:
Raw Materials, November 30: $10,000
Raw materials purchases 40,000
Raw Materials, December 31: $12,000
Raw materials used = $38,000 ($10,000 + $40,000 = $12,000)
Indirect materials: $5,000
Direct materials used = $33,000 ($38,000 - $5,000)
3. The computation of the cost of goods manufactured is as follows:
Work in process, November 30: $15,000
Direct materials 33,000
Direct labor 50,000
Manufacturing overhead applied 35,000 ($50,000 x 70%)
Work in process, December 31: ($20,000)
Cost of goods manufactured $113,000
4. The computation of the cost of goods sold is as follows:
Finished goods, November 30: $7,500
Cost of goods manufactured $113,000
Finished goods, December 31: ($10,000)
Cost of goods sold $110,500
Question Completion:As consultants, we are hired to help the company track and report costs. The following Tableau Dashboard is provided to assist us in our analysis.
INVENTORIES:
Raw Materials, November 30: $10,000
Raw Materials, December 31: $12,000
Work in process, November 30: $15,000
Work in process, December 31: $20,000
Finished goods, November 30: $7,500
Finished goods, December 31: $10,000
FACTORY OVERHEAD:
Indirect materials: $5,000
Indirect labor: $7,000
Other overhead costs: $30,000
Total Overhead: $42,000
SALES, MATERIALS, AND PAYROLL FOR DECEMBER
Factory Payroll (paid with cash): $57,000
Raw materials purchases (paid with cash): $40,000
Sales (received in cash): $200,000
PREDETERMINED OVERHEAD RATE
Predetermined overhead rate based on direct labor cost: 70%
Thus, the cost of goods manufactured is $113,000.
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Problem-6; (chapter 3) SS Ltd. obtained significant influence over YY Ltd by buying 30% of Y's 100,000 outstanding ordinary shares at a cost of Br 18 per share on January 1, 2022. On May 15, YY declared and paid a cash dividend of Br 150,000. On December 31, YY reported net income of Br 270,000 for the year. (a) record acquisition of shares (a) record revenue and dividends
(a) Record acquisition of shares: Investment in YY Ltd. Dr. Br 540,000, Cash Cr. Br 540,000.
(a) Record revenue and dividends: Dividend Receivable Dr. Br 45,000, Revenue from Investment in YY Ltd. Cr. Br 45,000; Investment in YY Ltd. Dr. Br 81,000, Revenue from Investment in YY Ltd. Cr. Br 81,000.
(a) To record the acquisition of shares by SS Ltd. on January 1, 2022:
Investment in YY Ltd. (30% of 100,000 shares * Br 18) Dr. Br 540,000
Cash Cr. Br 540,000
This journal entry records the purchase of 30% of YY Ltd.'s outstanding shares for a total cost of Br 540,000.
(b) To record revenue and dividends for the year:
On May 15, YY Ltd. declared and paid a cash dividend of Br 150,000. This dividend represents the portion of the company's earnings that will be distributed to its shareholders.
Dividend Receivable Dr. Br 45,000 (30% of Br 150,000)
Revenue from Investment in YY Ltd. Cr. Br 45,000
This entry recognizes the dividend revenue earned by SS Ltd. from its investment in YY Ltd.
On December 31, YY Ltd. reported net income of Br 270,000 for the year. As SS Ltd. has significant influence over YY Ltd., it needs to adjust its investment account for its share of the net income.
Investment in YY Ltd. Dr. Br 81,000 (30% of Br 270,000)
Revenue from Investment in YY Ltd. Cr. Br 81,000
This entry records the revenue earned by SS Ltd. from its share of YY Ltd.'s net income.
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___________ is a way of saving a file so it can be used by a different program. A. Selecting B. Exporting C. Citing D. Formatting Please select the best answer from the choices provided A B C D Mark this and return
Answer:
B. Exporting
Explanation:
The following materials standards have been established for a particular product at Zoom Industries: Standard quantity per unit of output 6.3 pounds Standard price $15.10 per pound The following data pertain to operations concerning the product for the last month: Actual materials purchased 7,650 pounds Actual cost of materials purchased $64,780 Actual materials used in production 7,150 pounds Actual output 890 units The direct materials purchases variance is computed when the materials are purchased. What is the materials quantity variance for the month
Answer:
the material quantity variance is $23,299.30 unfavorable
Explanation:
The computation of the material quantity variance is shown below:
= (standard quantity - actual quantity) × standard rate
= (6.3 × 890 - 7,150) × $15.10
= (5,607 - 7,150) × $15.10
= $23,299.30 unfavorable
Hence, the material quantity variance is $23,299.30 unfavorable
Recommended methods to protect yourself from identity
theft and fraud include____
A. Placing a credit freeze with the credit bureaus is the correct answer.
Answer:
A. Placing a credit freeze with the credit bureaus is the correct answer.
Explanation:
mark please
A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from the government. It allows the supply and demand of consumers to determine the success or failure of an economic endeavor. As a result, some business owners have become successful, while others have not.
In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.
The entrepreneur that is chosen for this argument is Steve Jobs. Steve Jobs was one of the co-founders of Apple, which is now a trillion-dollar company.
The free enterprise system was necessary for Steve Jobs to make an impact on the business world. Steve Jobs did not come from a wealthy background, but he had a passion for technology. The free enterprise system allowed him to start a business without any restrictions from the government.
He was able to create innovative products, such as the iPhone and iPad, and sell them to consumers. The supply and demand of consumers determined the success or failure of his business endeavors. Steve Jobs was able to create a successful company and become a billionaire because of the free enterprise system.
Without the free enterprise system, Steve Jobs may not have been able to start a successful business and make an impact on the business world.
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The US Senate overwhelmingly passed the 2022 Defense Authorization Act. The $768 billion "Defense Authorization Act" not only exceeds the defense spending proposed by the Biden administration by $25 billion, but also increases the US defense budget by about 5% compared to last year.
The US Senate passed the 2022 Defense Authorization Act, a $768 billion bill that surpasses the Biden administration's defense spending proposal by $25 billion and represents a 5% increase in the US defense budget compared to the previous year.
1. The US Senate passed the 2022 Defense Authorization Act.
2. The Defense Authorization Act is a bill that determines the budget and expenditures for the US defense sector.
3. The total amount allocated for the Defense Authorization Act is $768 billion.
4. The defense spending proposed by the Biden administration was exceeded by $25 billion in this Act.
5. The Act represents a 5% increase in the US defense budget when compared to the previous year.
6. This increase in the defense budget indicates a commitment to strengthening the country's defense capabilities.
7. The Act was passed overwhelmingly, indicating strong support from the Senate.
8. The Defense Authorization Act is an essential piece of legislation that ensures the funding and resources necessary for the US military to carry out its operations effectively.
9. The Act covers various aspects of defense spending, including military personnel, equipment, research and development, and strategic initiatives.
10. By passing the Defense Authorization Act, the US Senate has demonstrated its commitment to national security and defense preparedness.
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29.
An operation was closed because of an extended electricity failure. When can it
begin service again?
It can begin service again approval is obtained from the regulatory authority.
When can service startThe duration for an organization to recommence its services after enduring a foremost electricity malfunction relies on several elements, such as the character of the operation, the magnitude of destruction caused by the power cut-off, as well as the accessibility of supplies requisite to renew operations.
For instance, if the establishment is a minor retail outlet, it can possibly resume working once the power source is restituted and various necessary safeguards have been established. Conversely, if the business is a major production concern or informatics server, it could take longer to reinstate tasks due to the meticulously intricate facilities and networks entailed.
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How does a production possibility chart assist in outlining opportunity cost?
1.lt compares profit potential of one product to another.
2.It compares production cost of one product to another.
3.It compares production numbers of one product to another.
4.lt compares consumer demand of one product to another.
If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would be most helpful? A. Statement of owners' equity B. Cash flow statement C. Balance sheet D. Income statement Please select the best answer from the choices provided A B C D
Answer:
D income statement
Answer:
D. Income statement.
Explanation:
Free Cash Flow
100
Growth rate
2%
Tax Rate
1%
Cost of Capital
5%
Debt-to-total value
50%
Given the data in the above, what is the terminal value of the business (using the growing perpetuity formula)?
Answer:
Explanation:
Terminal value of business Formula = FCF (1+g)/(WACC- g)
Where:
FCF= current free cash flow = 100
g= Growth rate = 2%
WACC = Weighted average cost of capital = Cost of capital = 5%
Terminal Value of the business= FCF (1+g)/(WACC- g)
Terminal Value of the business= 100 (1+2%)/(5%- 2%)
Terminal Value of the business= 3,400
which of the following cost-saving actions can potentially result in a company gaining a sustainable cost advantage over rivals because the actions to cut costs cannot be detected from the information in either the footwear industry report or the comparative competitive efforts section of the competitive intelligence report?
1. Making it a company policy never to produce branded footwear with higher than a 3.0-star S/Q rating
2. Actions to underspend rivals on brand advertising
3. Actions to use only refurbished production equipment, actions to keeps supervisory costs to a bare minimum, and never spending any money on corprorate social responsibility and citizenship
4. Making it a company policy never to produce branded footwear with higher than a 3.5-star S/Q rating
5. Actions to completely avoid the payment of any import tariffs
The Right answer for Cost saving action is- 3. Actions to use only refurbished production equipment, actions to keeps supervisory costs to a bare minimum, and never spending any money on corprorate social responsibility and citizenship.
What are Cost saving action?A range of acts or policies that try to lower the anticipated cost of a certain transaction are together referred to as cost savings.The goal of cost savings is frequently to reduce the price that is paid for a certain commodity or service.They are also known as cost-cutting strategies since they are actions taken by a business to reduce costs and boost profitability.
They are an element of the business plan and consist of things like downsizing to a smaller office, cutting employee pay, closing facilities, streamlining the supply chain, etc.
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Responding to an email message in an angry, emotional tone is:
A) Spamming, which is unacceptable.
B) Phishing, which is acceptable.
C) Flaming, which is unacceptable.
D) Replying, which is acceptable.
Answer:
C
Explanation:
Spamming would not make sense in this situation. Phising is illegal. Finally replying is acceptable as long as its kept business formal with whom the email may inquire to.
Answer:
c
Explanation:
it is the only appropriate awnser
which of the following is an asset use transaction? multiple choice accrued salary expense at the end of the period.
An asset use transaction, such as recording insurance expense at the end of the period, reduces equity while increasing assets (prepaid insurance) (insurance expense decreases retained earnings).
What is insurance expense?
A company's insurance costs include the cost of the insurance contract as well as any additional premium payments. The company's payment is recorded as an expense for the given accounting period. If the insurance is utilised to cover operations and production, the cost can be broken down into each unit produced over the course of the period and listed in an overhead cost pool. When this happens, some of the insurance costs will be recorded under the cost of goods sold (COGS) and some of it will be recorded under ending inventory.
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The owner of Kat Motel wants to develop a time standard for the task of cleaning a cat cage. In a preliminary study, she observed one of her workers perform this task six times, with the following results:Observation 1 2 3 4 5 6Time (secs) 109 117 117 128 125 129Required:What is the normal time for this task if the employee worked at a 32 percent slower pace than average and an allowance of 14 percent of job time is used?
Answer:
Standard Time = 206.6 secs
Explanation:
In order to calculate the time for this task if the employee worked at a 32 percent slower pace than average, we need to calculate the normal time first by using the following formula
Normal Time = Average element-time / performance rating
Average element time = Sum of observations / No. of observations
Average element time = 109 +117 +117 +128 +125 +129 / 6
Average element time = 725/6 = 120.83
Performance rating = 100 - 32 = 68%
Normal Time = 120.83 / 0.68 = 177.7 secs
Standard Time = Normal Time / (1-Allowance)
Standard Time = 177.7 / (1-0.14)
Standard Time = 206.6 secs
Providing transparency to consumers regarding customer satisfaction with
different companies is a goal of the.
A. Better Business Bureau
B. Consumer Financial Protection Bureau
C. Federal Trade Commission
D. Food and Drug Administration
Providing transparency to consumers regarding customer satisfaction with different companies is a goal of the Better Business Bureau.
What is the better business bureau?
This is a bureau in the United States and other nations in North America that helps to link customers with businesses that they can trust.
The goal of the bureau is to create market place trust between the consumers and businesses.
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Answer:
Better Business Bureau.
Explanation: