Direct materials, direct labor, and manufacturing overhead are all ______ costs.
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Direct materials, direct labor, and manufacturing overhead are all product costs.
The term "product cost" refers to the expenses that are spent during the manufacturing process of a product. The product costs consist of direct labor, direct materials, consumable manufacturing supplies, and factory overhead expenses. Direct labor and direct materials are also included. The price of the product may also be thought of as the price of the work that is necessary to provide a service to a consumer.
Formula-
Product Cost (per Unit ) = (Total Product Cost) / Number of Units Produced.
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Assignment 2R: Customers, Inventory, and Safety Instructions
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The three ways which most company uses to create a brand promise are through its:
Product Design and InnovationUser ExperienceCustomer Service.Description of ways that the company uses to create that brand promise:One well-known company that has a strong brand promise is Apple Inc. Apple's brand promise is centered around delivering innovative, high-quality products and services that offer a seamless, intuitive, and stylish user experience. The company aims to provide its customers with products that simplify their lives and enhance their ability to connect and express themselves in new and exciting ways.
Here are three ways that Apple creates and upholds this brand promise:
Product Design and Innovation: Apple is known for its sleek and stylish product designs, as well as its innovative approach to technology. The company invests heavily in research and development to bring new and exciting products to market, such as the iPhone, iPad, and MacBook.User Experience: Apple places a strong emphasis on the user experience. All of its products are designed to be easy to use, intuitive, and seamless. The company also offers a wide range of services, such as Apple Music, the App Store, and Apple Pay, that enhance the overall user experience.Customer Service: Apple has a reputation for providing exceptional customer service. The company operates a large network of retail stores that offer hands-on support and repair services, as well as a robust online support center. Apple also offers a warranty program that covers its products for a specified period of time, giving customers peace of mind.By consistently delivering on its brand promise, Apple has built a loyal customer base and a strong reputation as a company that provides innovative and high-quality products and services.
Missing words "You learned about customers, inventory, and safety. Now, you'll apply what youlearned.1. Choose a well-known company, and describe its brand promise. Describe at leastthree ways that the company uses to create that brand promise".
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why is investing in long-term assets important? group of answer choices it directly increases the company’s market value it will increase the efficiency of a firm in the short run it allows companies to grow their revenue in the long run it decreases a company’s long-term liabilities it increases a firm’s free cash flow
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The company's overall fixed costs are heavily weighted toward long-term assets, which will be helpful going forward. Long-term asset information is crucial for accurate financial reporting, business assessment, and financial analysis of an organisation.
What are they Long-term assets ?Assets that a company may foresee utilising, replacing, or turning into cash after the ordinary operational cycle of at least 12 months are referred to as long-term assets, also known as fixed or capital assets. They usually remain in use for many years. This distinguishes them from current assets, which companies typically exhaust within a year.
Liabilities plus shareholder equity are the balance sheet's assets. Because a company may only purchase assets with the funds it raises from shareholder stock and loan payments, the equation is what it is.Learn more about Long term assests here:
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In the financial year ended June 2020, Woolworths Limited's Shareholders Equity was $M 9,032, yet one year later it was $M 1,739. Explain clearly the reasons for this fall in Equity. (b). The Punjab Warriors Hockey club has won the premiership for the past five years. Explain whether the players would be regarded as an Asset of the club to be recognised on the Statement of Financial Position. Use the definition and recognition principle within the Conceptual Framework to fully explain your answer.
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Woolworths Limited's Shareholders Equity declined from $9,032M to $1,739M in FY 2020 due to losses and financial actions. Players of the Punjab Warriors Hockey club cannot be recognized as assets on the statement because they lack control by the club and don't meet the asset definition in the Conceptual Framework.
(a) The significant decrease in Woolworths Limited's Shareholders Equity from $9,032 million to $1,739 million can be attributed to several factors:
1. Net Loss: The company might have incurred a substantial net loss during the financial year, which reduces the retained earnings portion of Shareholders Equity.
2. Dividend Payments: If the company paid out substantial dividends to its shareholders, it would reduce the retained earnings, resulting in a decrease in Shareholders Equity.
3. Share Repurchases: If the company repurchased its own shares from the market, it would reduce the Shareholders Equity as well.
4. Write-downs or Impairments: Woolworths Limited might have recognized write-downs or impairments of its assets, which would decrease the total assets and consequently lower Shareholders Equity.
5. Other Comprehensive Income: If the company experienced losses in other comprehensive income components, such as foreign currency translations or fair value adjustments, it could lead to a decrease in Shareholders Equity.
(b) According to the Conceptual Framework, an asset is defined as a resource controlled by an entity as a result of past events, from which future economic benefits are expected to flow to the entity.
In the case of the Punjab Warriors Hockey club, the players cannot be recognized as assets on the Statement of Financial Position.
Players are not considered assets because they are not controlled by the club. Players have their own free will and can choose to play for any club they desire.
They are not owned or controlled by the club in the same way as physical assets like property, equipment, or investments. Therefore, the players do not meet the definition of an asset as per the Conceptual Framework.
In summary, the players of the Punjab Warriors Hockey club would not be regarded as assets to be recognized on the Statement of Financial Position because they do not fulfill the definition and recognition principle of an asset outlined in the Conceptual Framework.
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when the marketing manager at tony's pizza decided to target households with children ages 6 to 12 to reverse the sales trend in this segment, she was converting information into a(n)
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Based on the fact that the marketing manager decided to target households that had children aged 6 to 12, this meant that she converted information into an action recommendation.
What is an action recommendation?An Action Recommendation refers to when a trend is noticed on data or information that is derived for a specific purpose, such as the sales trend described, and then this information is used to make decisions that either reverse the trend, or continue it and take advantage of it.
The sales trend information showed the marketing manager that there was a need to reverse it and so she used the data to make the Action Recommendation of targeting homes with children aged 6 to 12.
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after sally as the print preview in print command to the quick access toolbar which icon would she have added
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It is important to record documents conveying a real property interest because recordingmultiple choice question. O assures that the document cannot be altered. O satisfies the doctrine of constructive notice. O assures that the document will not disappear. O assures that all parties of the transaction can get to the document
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It is important to record documents conveying a real property interest because recording satisfies the doctrine of constructive notice.
A "land interest" is any ownership or possessory right over real property, including ownership in fee simple, easements, a lease, and any subsurface or mineral rights. Real property includes all land and any tangible personal property that is physically affixed to it, as well as any portion of land that has undergone lawful human intervention. Ponds, structures, structures with reservoirs, canals, roadways, and equipment are some examples of real property.
Absolute interest refers to anybody who has complete ownership of any item or piece of property. It implies that whoever has a vested interest will have the complete legal right to own and enjoy the benefits of his or her property or asset.
According to the notion of constructive notice, all parties associated with a business are aware of the company's bylaws. By assuming that everyone entering into the contract should have realized that the company's information is public knowledge, it lessens responsibility.
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Explain why it is important for managers to understand motivation at work. Identify the key elements in the Equity Theory of motivation, and discuss how managers can use equity theory to maximise empl
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It is important for managers to understand motivation at work because motivated employees are more productive, efficient, and loyal to their companies.
The more motivated an employee is, the more likely they are to work hard, stay engaged, and stay with the company for the long term. Key elements in the Equity Theory of motivation. The Equity Theory of motivation is a concept that explains how individuals perceive fairness in social relationships, which is made up of three key elements:Inputs: This refers to what an individual puts into a relationship or job.
For example, an employee may contribute their time, effort, skills, and expertise.
Outcomes: This refers to what an individual gets out of a relationship or job. For example, an employee may receive a salary, benefits, recognition, and a sense of accomplishment.
Comparisons: This refers to how individuals compare themselves to others in the same situation. For example, an employee may compare their input and outcome levels to those of their coworkers or other people in similar jobs. How managers can use equity theory to maximize employee motivation? There are several ways in which managers can use equity theory to maximize employee motivation:
1. Ensure that input and outcome levels are fair and equitable for all employees.
2. Encourage employees to discuss their input and outcome levels with each other to identify areas where they may be feeling undervalued or underappreciated.
3. Provide opportunities for employees to increase their input and outcome levels, such as through training, development, and job enrichment.
4. Reward employees for their contributions to the organization, such as through bonuses, promotions, and recognition programs.
5. Communicate openly and honestly with employees about the company's goals, strategies, and performance, and encourage employees to share their ideas, concerns, and feedback with management.
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yoinkers my dude, take some and pass on.
Answers
Answer:
l
Explanation:
Answer:
u serious my dude
Explanation:
Staples pays George Nagovsky an annual salary of $37,200. Today, George's boss informs him that he will receive a $5,500 raise. What percent of George's old salary is the $5,500 raise? (Round to the nearest tenth percent.)
Answers
Answer:
the percentage is 14.79%
Explanation:
The computation of the percentage is shown below:
= Raise salary ÷ annual salary
= $5,500 ÷ $37,200
= 14.79%
Hence, the percentage is 14.79%
We simply applied the above formula so that the correct percentage could arrive
which of the following statements is most correct? a. leveraged buyouts (lbos) occur when a firm issues equity and uses the proceeds to take a firm public. b. in a typical lbo, bondholders do well but shareholders see their value decline. c. firms are forbidden by law to sell any assets during the first five years following a leverage buyout. d. not all target firms are acquired by publicly traded corporations. in recent years, an increasing number of firms have been acquired by private equity firms. private equity firms raise capital from wealthy individuals and look for opportunities to make profitable investments. e. in an lbo sometimes the acquiring group plans to run the acquired company for a number of years, boost its sales and profits, and then take it public again as a stronger company. in other instances, the lbo firm plans to sell off divisions to other firms that can gain synergies. in either case, the acquiring group expects to make a substantial profit from the lbo, but the inherent risks are small due to the heavy use of venture capital and very little debt.
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(b)In a typical LBO, bondholders do well but shareholders see their value decline is correct.
Who are bondholders?A person or organization that holds municipal or company bonds. The bond signifies associate obligation owed to the investor by the bond establishment. As a result, a investor usually has the correct to receive each principal and interest on the debt, but sure derivatives segregate the 2. The bond signifies associate obligation owed to the investor by the bond establishment. As a result, a investor usually has the correct to receive each principal and interest on the debt, but sure derivatives segregate the 2. within the case of the issuer's economic condition, bondholders take precedence over bondholders within the liquidation of assets.
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What are examples of keys in a database's second normal form? Check all that apply turn key, foreign key, primary key, multiple key, composite key, composition key.
Answers
Answer: 2, 3, and 5
Explanation:
Answer:
foreign key, primary key, composite key
Explanation:
Requirements for formal deliverable acceptance and how to address nonconforming deliverables are usually defined in what project artifact?
Answers
Requirements for formal deliverable acceptance and how to address nonconforming deliverables are usually defined in the project's quality management plan.
A crucial component of project quality management is understanding the conditions for formal deliverable acceptance and how to handle nonconforming deliverables. The quality management strategy for the project will typically define these elements. The quality management plan is a formal document that defines how the project will assure quality and what processes, procedures, and instruments will be utilised to make sure that the outputs match the established quality requirements.
In this plan, the quality assurance and control procedures are described, along with how nonconforming deliverables will be handled and what remedial measures will be done to deal with any problems that may occur. The plan also specifies the requirements that a deliverable must satisfy to be deemed full and acceptable.
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what is the meaning of form of business organization? don't spam
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Answer and Explanation:
A business organization is an entity that focused on carrying out the enterprise on commercial activity by giving the products or services in order to meet out the needs and wants of the customers.
Here are different types of business organization that includes sole proprietorship, general partnership, limited liability, corporation, etc and based on each form there are different tax liability, duties, responsibilities
true or false: the u.s. auditing standards require the use of external confirmations for accounts receivables without exception.
Answers
The U.S. auditing standards require the use of external confirmations for accounts receivables without exception is "True". because External confirmations provide a third-party verification of the accuracy of accounts receivable amounts.
The auditor is required to test the client’s accounts receivable by sending out confirmations to customers. A confirmation is a written or electronic communication from the customer that contains a representation from the customer about their account balances.
The auditor should prepare the confirmations, using appropriate terms and language, which should include an explanation of the purpose of the confirmation.
The auditor should also include instructions to the customer to complete the confirmation in a timely manner. The auditor should then send the confirmations to the customers and record the responses in the confirmation database.
If the confirmation response is not received, the auditor should investigate the matter. The auditor should also investigate any discrepancies between the responses received and the amounts recorded in the accounts receivable subsidiary ledger.
If the discrepancy is significant, the auditor should adjust the balance in the accounts receivable subsidiary ledger.
In summary, the U.S. auditing standards require the use of external confirmations for accounts receivables without exception. External confirmations help auditors gain assurance that the account balances reported in the financial statements are correct.
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hich pricing strategy involves setting a high price for an exclusive, high-end product?
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John purchased 100 shares of Black Forest Inc. stock at a price of $152.10 three months ago. He sold all stocks today for $161.79. During this period the stock paid dividends of $5.57 per share. What is John's annualized (simple) holding period rate of return (annual percentage rate)? Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box) Your Answer:
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The annualized holding period rate of return (HPR) is the investment's compound rate of return over the holding period.
The annualized holding period rate of return (HPR) that John made was 15.56%.
The formula for annualized holding period rate of return is as follows:
HPR = (Future Value - Present Value - Income) / Present Value x (365 / n)
where: Future Value = the value at the end of the holding period,
PV = Present Value,
Income = any income earned over the holding period,
n = the number of days in the holding period.
Therefore, the annualized holding period rate of return (HPR) that John made is 15.56%.
Price of 100 shares of Black Forest Inc.
stock = $152.10
Sold price of 100 shares of Black Forest Inc.
stock = $161.79
Dividend = $5.57 per share
Holding period = 3 months = 3 x 30 = 90 days
Calculation of HPR: HPR = (Sold price + Dividend - Price) / Price x (365/90)
HPR = (161.79 + 5.57 - 152.10) / 152.10 x (365/90)
HPR = 15.56%.
Therefore, the annualized holding period rate of return (HPR) that John made is 15.56%.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
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Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUhuman resource management was called when undertaking clerical functions such as screening employees, keeping records, payroll, and finding new employees.
Answers
Answer:
personnel
Explanation:
Human resource management was called personnel at the time when the clerical functions are undertaken.
The following information regarding the personnel management is:
It refers to the management where the workforce could be maintained. It is mainly concerned when employees are at work also their relationship within an organization should also mattered. Plus the clerical functions are to be undertaken.Learn more: brainly.com/question/15569649
A customer is opening a new account at a brokerage firm and has been recommended penny stocks by the representative, since these are suitable based on the customer's investment objectives and risk tolerance. Which additional form is needed to open the account?
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If a customer is opening a new account at a brokerage firm and has been recommended penny stocks by the representative, the additional form that is needed to open the account is a penny stock disclosure form.
A penny stock disclosure form is a legal document that is required by the Securities and Exchange Commission (SEC) for the purchase of penny stocks. Penny stocks are stocks that trade for less than $5 per share and have a low market capitalization. As penny stocks are considered a high-risk investment, the SEC requires brokerage firms to provide their clients with a penny stock disclosure form before they can trade in these stocks. This form contains important information about the risks associated with penny stocks and informs clients of the risks involved in trading penny stocks.
Thus, a penny stock disclosure form is required by the SEC to protect investors from fraudulent practices in penny stock trading.
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here's a career question :)
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Answer:
A. stock value of the company
What economic system is “prices by the government”?
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A basic concept in economics is that al resources are?
Answers
Answer:
Limited
Explanation:
It is general believed that human wants are unlimited but the resources to satisfy them are limited.
Scarcity is a term in economics, which means that the resources available will not be enough to meet the unlimited human want hence resources must be allocated efficiently.
Some of the causes of scarcity are when demand is greater than what is being produced, when there are no enough suppliers to supply certain products. Etc
An environmental service employee of the hospital was called to the vascular surgery floor to clean the floor where a bag of potassium chloride had spilled. After cleaning the floor, the employee failed to place any signs advising others of a wet floor. Mrs. Jones, a hospital visitor, fell on the wet floor and injured her back. She incurred medical expenses of $560.00 and lost wages in the amount of $1000.00. She brought suit and the jury awarded her $1560.00, representing reimbursement of the medical expenses and lost wages, plus $10,000 for the jurors perceived recklessness on the part of the hospital. What is the $10,000 amount considered
Answers
Answer:
Punitive Damages
Explanation:
The $10,000 awarded by the jurors is a punitive damages to the organization because it serves as a kind of punishment to deter future occurrence of such conduct (recklessness)
Maria is an industrial engineer at a toyota plant. indicate how mariya should change her production plans in response to each change in market conditions.
change in market conditions.
a. An engine supplier decreases the price it charges Nissan by 50%.
As a result, Nissan's cost of production will _____ and Nissan should _____ its supply.
b. Workers unionize and demand a 12% across-the-board raise.
As a result, the cost of production will ______ and Nissan should ____ its supply.
Answers
A. An engine supplier decreases the price it charges Nissan by 50%. As a result, Nissan's cost of production will decrease and Nissan should increase its supply.
B. Workers unionize and demand a 12% across-the-board raise. As a result, the cost of production will increase and Nissan should reduce its supply.
What is meant by cost of production?Cost of production refers to the total amount of expenses incurred by a company in producing a product or providing a service. This can include direct costs such as raw materials, labor, and manufacturing overhead, as well as indirect costs such as advertising, marketing, and administrative expenses.
The cost of production is an important factor for a company to consider when determining the price of its products or services, as well as for making decisions about future production plans. The goal of many companies is to minimize their cost of production in order to maximize profits and remain competitive in the market.
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in a ________, new issues of a security are sold to buyers by the corporation or government agency ultimately using the funds. primary market secondary market capital market money market
Answers
In a primary market, new issues of a security are sold to buyers by the corporation or government agency ultimately using the funds.
Option A is correct
In the context of a primary market, a government agency refers to a specific type of entity that issues securities and sells them directly to investors. These government agencies are typically established by governments to fulfill specific objectives such as financing public projects, promoting economic development, or supporting specific sectors of the economy.
Government agencies may issue various types of securities, such as bonds or notes, to raise funds for their operations or to finance specific projects. These securities represent a promise to repay the investors their principal amount with interest over a specified period.
When these securities are initially offered to the market, it takes place in the primary market. In the primary market, investors purchase these newly issued securities directly from the government agency, and the funds raised from these sales go to the agency for its financing purposes.
The primary market plays a crucial role in providing governments and government agencies with the necessary capital to fund their operations, infrastructure projects, social programs, and other initiatives. It allows governments to tap into the savings and investments of individuals, institutions, and other entities, thereby facilitating economic growth and development.
Once the securities are sold in the primary market, they may subsequently be traded among investors in the secondary market. The secondary market provides liquidity and an opportunity for investors to buy or sell these securities after the initial issuance.
Overall, government agencies utilize the primary market to raise capital directly from investors by issuing securities, allowing them to meet their funding requirements for various governmental activities and initiatives.
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suppose that the firm's only variable input is labor. when 50 workers are used, the average product of labor is 50 and the marginal product of labor is 75. the wage rate is $80 and the total cost of the fixed input is $500.what is the marginal cost?
Answers
The marginal cost is equal to the variable cost divided by the marginal product of labor, which is $500 / 75 = $80.
The marginal cost represents the additional cost incurred when producing one additional unit of output. In this case, the firm's only variable input is labor, and the wage rate for each worker is $80.
The marginal product of labor (MPL) is the increase in output resulting from employing one additional unit of labor. Given that the marginal product of labor is 75, it means that with each additional worker, the firm is producing 75 more units of output.
The average product of labor (APL) is the total output divided by the number of workers. In this case, with 50 workers and an average product of labor of 50, the total output is 50 units.
Since the wage rate is $80 and the total cost of the fixed input is $500, the variable cost (labor cost) is calculated by subtracting the fixed cost from the total cost, resulting in $500.
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On December 31, 2021, Tiras Company reported net income of $52,000 and sales of $205,000. The company also reported beginning and ending accounts receivable at $20,500 and $25,600, respectively. Tiras will report cash collected from customers in its 2021 statement of cash flows (indirect method) in the amount of:
Answers
Tiras will report cash collected from customers in its 2021 statement of cash flows (indirect method) in the amount of: $0. Thus, option (a) is correct.
Given information:
Net income of $52,000Sales of $205,000Reported beginning at $20,500Ending accounts receivable $25,600According to the indirect approach, the statement of cash flows starts with net income or loss and then adds or subtractions are made for non-cash revenue and cost components to produce cash flow from operational activities.
Cash received from consumers is not displayed when the Statement of Cash flows is calculated using the indirect approach; nevertheless, it is displayed when the Statement of Cash flows is calculated using the direct method.
So, it will be the $0.
Therefore, option (a) is correct.
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Your question is incomplete, but most probably the full question was.
On December 31, 2021, Tires Company reported net income of $52,000 and sales of $205,000. The company also reported beginning and ending accounts receivable at $20,500 and $25,600, respectively. Tiras will report cash collected from customers in its 2021 statement of cash flows (indirect method) in the amount of:
Multiple Choice
$0.
$251,100.
$210,100.
$179,400.
Jem wants to make sure the gaming system she wants to buy includes
access to live events. What should Jem do to ensure she makes an informed
buying decision?
O A. Jem should consult friends on social media.
O B. Jem should review warranties and return policies.
O C. Jem should make the purchase with confidence.
O D. Jem should read the product description carefully.
Answers
Answer:
D. Jem should read the product description carefully.
Explanation:
The adjusted trial balance of Indigo Corporation at December 31, 2017, includes the following accounts: Retained Earnings $16,651, Dividends $6,759, Service Revenue $35,644, Salaries and Wages Expense $13,785, Insurance Expense $1,799, Rent Expense $3,872, Supplies Expense $1,413, and Depreciation Expense $804.
Prepare an income statement for the year.
Answers
Answer:
$13,971
Explanation:
An income statement indicates the profit or loss a business makes in the financial period. Profits or loss is realized by subtracting expenses from revenue.
The revenue for Indigo Corporation is $35,644,
Expenses
Salaries and Wages Expense $13,785
Insurance Expense $1,799
Rent Expense $3,872
Supplies Expense $1,413
Depreciation Expense $804
Total expenses $21,673
Income will be
=$35,644 - $21,673
= $13,971
Retained Earnings and Dividends are part of company profits. They are not business income or expenses.
You decided to take advantage of the Black Friday deals and buy kitchen cabinets at Home Depot. You will be paying for the cabinets with a Home Depot consumer loan in the amount $6,330. To pay off the loan you will be required to make monthly payments for 6 years. The loan interest rate is 7 percent per year. Calculate the amount of each payment.
multiple choice
a. $107.92
b. $70.22
c. $100.01
d. $71.00
e. $101.73
Answers
The amount of each payment is $100.01. The correct answer choice is C.
To calculate the amount of each payment, we can use the formula for the present value of an annuity. In this case, the present value is the loan amount, and the annuity is the series of payments to be made over six years.
Using the formula, we can find the monthly payment as:
PMT = PV * (r / (1 - (1 + r)^-n))
Where PV is the present value of the loan, r is the interest rate per period, and n is the number of periods. In this case, we need to convert the annual interest rate to a monthly rate and the number of years to the number of months.
PV = $6,330 r = 7% / 12 = 0.00583 n = 6 * 12 = 72
PMT = $6,330 * (0.00583 / (1 - (1 + 0.00583)^-72)) = $100.01
Therefore, the amount of each payment is $100.01. The correct answer choice is C.
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