If the year-end adjusting entry to record salaries owed to employees were omitted then.
Answers
Omitting the adjusting entry to record wages results in various inaccuracies, including understatement of expenses, overstatement of net income, overstatement of retained earnings, overstatement of stockholders' equity, and understatement of liabilities.) Unpaid wages that have been earned by employees but have not yet been recognized.
In the accounting records should be entered or recorded using an accrual adjusting entry, which will: Wage Expense is debited. Wages Payable on Credit or credit Payable Wages Accrued Accumulated interest is interest that has accrued but has not been paid as of a balance sheet date. The amount that has occurred but is unpaid should be recognized with a debit to Interest Expense.
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Related Questions
M. r. champion, the best in the business, is advising jc penney on using market research in its operations. s(he) will probably recommend____________ for collecting and disseminating routine marketing data and____________for specific research questions.
Answers
M.R. Champion, the best in the business, is advising JC Penney on using market research in its operations. S(he) will probably recommend combination of automated data collection tools and more in-depth research methods for collecting and disseminating routine marketing data and in-depth for specific research questions.
M.R. Champion, being the best in the business, would likely recommend different methods for collecting and disseminating routine marketing data and specific research questions for JC Penney. For routine marketing data, M.R. Champion might suggest using automated data collection tools, such as surveys and customer feedback forms. These tools can be used to gather insights on customer behavior, preferences, and shopping habits, which can then be analyzed to identify trends and patterns.
For specific research questions, M.R. Champion may recommend more in-depth research methods such as focus groups, in-depth interviews, or ethnographic studies. These research methods can provide valuable insights into consumer behavior, attitudes, and preferences, as well as helping to identify potential pain points or opportunities for growth.
Overall, M.R. Champion would likely recommend a combination of automated data collection tools and more in-depth research methods to help JC Penney better understand their customers and make informed business decisions. By leveraging market research, JC Penney can gain a competitive advantage in the retail industry and drive long-term growth.
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what is the difference in APR paid by Sam and Jessica
Answers
Answer:
APR stands for Annual Percentage Rate. It is the yearly interest rate charged on loans or earned through an investment and is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan or income earned on an investment
Explanation:
The difference between APR and interest rate is that APR includes other costs such as fees, origination charges, discount points, and agency fees paid to the lender
Their differences in credit scores are demonstrated by the leap between 14.73 percent from Sam and 3.805 percent from Jessica. Sam would still receive a better interest rate than Jessica despite having a higher APR, but Jessica would gain more because she would be making smaller payments.
The creditworthiness of a client is shown by their credit score, which ranges from 300 to 850. The better a borrower seems to potential lenders, the higher their score. Based on information from your credit reports, a credit score predicts your credit behavior, such as how likely you are to repay a loan on time.
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Select the correct answer.
From the following balances of Casper Inc., calculate the free cash flow of Casper Inc.
Answers
From the given balances of Casper Inc., the free cash flow of Casper Inc. can be calculated as $917,000. Hence the correct option is c.
Give a brief account on free cash flow.Free cash flow (FCF) refers to the cash a company generates after accounting for cash outflows in order to support its business and maintain its fixed assets. Unlike earnings and net income, free cash flow is a measure of profitability, excluding non-cash expenses on the income statement and including spending on equipment and assets, and changes in working capital from the balance sheet. increase.
Free cash flow = Net operating profit after taxes - Net investment in operating capital.
Net operating profit after taxes = Cash flow from operating activities
Net investment in operating capital = Sale of machinery + Dividend paid
Free cash flow = 1,000,000 - (30,000 + 53,000)
Free cash flow = 1,000,000 - 83,000
Free cash flow = $ 917,000
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The market value of the final goods and services produced within the borders of a country is?
Answers
The market value of all the final goods and services produced within the borders of a country is known as Gross domestic product.
What is a Gross domestic product?This refers to the monetary value of the final goods and services, those that are bought by the final user and produced in a country in a given period of time.
The Gross domestic product also measures / counts all of the output generated within the borders of a country.
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What is one way that students can develop managerial skills.
a.making a schedule for a debate team
b.taking notes in social studies class
c.telling a friend
Answers
One of the ways students can develop managerial skills is by making a schedule for a debate team.
How can managerial skills be developed?Managerial skills comprises the know-how, knowledge and skill needed to coordinate or manage a group of people.
One of the ways that managerial skills can be acquired is by studying management course. For example, human resource management. Another way of acquiring managerial skills is by undertaking managerial roles.
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When a profit-maximizing firm in a monopolistically competitive market is producing the long-run equilibrium quantity, Group of answer choices its average revenue will equal its marginal cost. its marginal revenue will exceed its marginal cost. it will be earning positive economic profits. its demand curve will be tangent to its average total cost curve.
Answers
Answer:
The correct answer is the last option: Its demand curve will be tangent to its average total cost curve.
Explanation:
To begin with, in the microeconomics theory the "monopolistically competitive" market is refered to that one whose main characteristics reside in the same as the perfect competition but with the major difference of exisiting the differentiation of the product or service in the market, so for that reason the competition is basically stimulated by the publicity and other factors that will differentiate their product against the other ones. Moreover, due to the short run equilibrium and therefore to the obtanining of big economic profits from part of every company in the market then more other companies will enter and once that happens then the profits of everybody will decrease. And that in the graphic has it major difference with the average total cost curve being tangent to the demand curve, which do not happen in the short run.
What information system would be most useful in determining what direction
to go in the next two years?
O A. Transaction processing system
B. Decision support system
C. Executive information system
D. Management information system
Answers
Answer:
C- Executive information system
Explanation:
AP3X
Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answers
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
Consider simultaneous shifts in demand and supply. What is the net effect on equilibrium price if there is a simultaneous increase in demand and an increase in supply?.
Answers
Consider how both supply and demand could be shifting at once. The equilibrium price is unaffected if supply and demand are both increasing concurrently.
The price is at equilibrium when supply and demand are in balance. When a major index experiences a phase of consolidation or sideways momentum, it can be argued that the forces of supply and demand are comparatively equal and the market is in an equilibrium price. Researchers have shown that the equilibrium price is the region where prices frequently oscillate. If the price rises too much, market forces will push sellers to enter the market and create more. A price that is too low will result in higher bids from more buyers. These acts sustain the relative equilibrium of the equilibrium level over time. Market
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Lola is in the process of selecting a campaign type to suit her business objectives. Why is it important that she consider business objectives before choosing her campaign type?
Answers
Digital advertisement services will mechanically create advert messaging based on the marketing campaign kind Lola chooses. The marketing campaign kind selected will decide which advertisements seem and the layout of these advertisements.
What are Business Objectives?Business objectives provide you the ability to monitor yourself and what kind of progress you are making. They offer a vital test that maintains you from turning blinded by your bias.
Objectives additionally assist to evaluate the personnel, in addition, to allowing personnel compare themselves.
Therefore, Digital advertisement services will mechanically create advert messaging based on the marketing campaign kind Lola chooses. The marketing campaign kind selected will decide which advertisements seem and the layout of these advertisements.
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If each boy in the school pays n$10 school fees, and each girl pays n$7, how much money is paid to the school altogether?
Answers
The amount of money paid to the school for children is given by the following equation:
T = 10x + 7y
What are equations?Equations are algebraic expressions that are characterized by having an equality, and expressions on either side of it. Equations have several uses, such as modeling problems, formulas, and graphing functions.
If in a certain school the tuition that is paid for each boy is $10 and for each girl is $7, the total value that will be paid to the school depends directly on the amount of money paid to each of them, so we only need to express it with an equation, and this will be:
xboys + ygirls = total
T = 10x + 7y
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the upward-sloping portion of the long-run average cost curve is a result of multiple choice economies of scale. constant returns to scale. diseconomies of scale. increasing marginal productivity.
Answers
The upward-sloping portion of the long-run average cost curve is a result of "diseconomies of scale". Therefore the correct answer is c).
The upward-sloping portion of the long-run average cost curve (LRAC) is known as the "diseconomies of scale" region. In this region, as the scale of production increases, the average cost per unit of output also increases.
This occurs because the firm may experience difficulties in managing its operations as it grows, such as communication problems, coordination issues, and higher costs of monitoring and control. As a result, the LRAC curve slopes upward as the firm moves beyond the optimal scale of production, where it achieves the lowest average cost per unit of output.
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As you read through the draft of your message, you consider whether parts of your message should be rearranged to make your point more effective. Proofreading Evaluating Editing
Answers
Answer:
The correct answer will be "Editing".
Explanation:
Editing seems to be the process where even the letter being written is reconstructed or reconfigured to more efficiently express the letter. Arranging, modifying, as well as assembling a recorded, written, or video content for official completion, commonly by such an individual except for the producer of the content (considered as an editor).The other options in question aren't relevant to the particular circumstance. So the option available here is just the right one.
Helen inherited some money from her grandmother. She decided to open a coffee shop. She explored the main market area near her house to scope out the competition. The competitors were all famous branded coffee houses. They heavily advertised their coffee and had a lot of brand awareness among the customers. They sold their coffee at a low price, because they could divide the cost of operations over a large number of sales. There was an area near a business center that seemed distant from these branded coffee houses. She decided to rent this location for her shop. She realized that she would also need to serve coffee that at least equalled the standards of the branded coffee houses.
Answers
Answer:
Helen decided to rent her shop in this location.
Explanation:
Helen choose to rent her shop in the location where there are many competitors. The competitors are well established branded coffee houses who serve coffee to their customers at very low price. In this situation customers will not move to any new coffee house. So Helen decided differentiating her coffee shop from other coffee houses and she decided to open a coffee shop where there are less or no competitors available.
Which statement is true about employer payroll taxes?
OA. Employers are required to pay them, but employees are not
required to.
B. Both employees and employers are required to pay them equally.
C. They are used to fund programs that directly benefit employees.
D. They are used to fund programs that directly benefit employers.
Answers
The correct answer is B. Both workers and employers are needed to pay employer payroll levies inversely.
Employer payroll levies are levies that employers are needed to pay on behalf of their workers. These levies include Social Security and Medicare levies, civil and state severance levies, and other state and original levies.
Employers are needed to withhold these levies from their workers' hires and pay them to the government. Both employers and workers contribute to Social Security and Medicare levies, which are used to fund programs that directly profit workers.
Social Security provides withdrawal, disability, and survivor benefits, while Medicare provides healthcare benefits for people over the age of 65 and for those with certain disabilities.
Federal and state severance levies, on the other hand, are used to fund programs that give temporary fiscal backing to workers who have lost their jobs through no fault of their own. These programs are designed to help workers get back on their bases while they search for new employment.
In summary, employer payroll levies are paid by both employers and workers, and they're used to fund programs that directly profit workers, similar as Social Security and Medicare, and programs that laterally profit workers, similar as severance insurance.
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What are the approaches for learning Economics effectively?
Answers
what interests you about working in accounts payable at a company like ours?
Answers
Accounts payable is an exciting field that requires precision and attention to detail. It also allows you to work with numbers and financial records, which I find interesting.
Accounts payable is an essential part of the accounting and finance department of any company. It involves processing and recording financial transactions, such as bills and invoices, to ensure that vendors are paid accurately and on time.Working in accounts payable requires a high level of attention to detail since the accuracy of financial records is critical. I find this aspect of the job particularly interesting as it allows me to develop and hone my skills in record-keeping and accounting.
Also, I find the opportunity to work with numbers and financial records intriguing. I enjoy using my analytical skills to examine financial statements, identify patterns and trends, and make informed decisions.In addition to these reasons, working in accounts payable at a company like yours would provide a unique learning opportunity. As a company that operates in different industries, I would be exposed to different financial transactions, business models, and accounting practices. This exposure would enable me to expand my knowledge and understanding of the business world, which I find fascinating.
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Name the one sport in which neither the spectators nor the participants know the score or
the leader until the contest ends.
Answers
Answer:
Boxing
Explanation:
You have established the following position:~ Short 100 ABCD 150 Calls~ Short 100 ABCD 150 Puts~If the price of ABCD is $150 at expiration, what is the resulting ABCD position in the customer's account on the business day following expiration? A. Flat or no position in ABCD B. Long 100,000 shares of ABCD C. Short 100,000 shares of ABCD D. Both ( b ) and ( c ) Unable to determine If you write a call, hoping to benefit from the time decay of the options premium, which one of the following measures would you use? A. Theta, expressed in percentage B. Theta, expressed in dollars C. Delta, expressed in percentage D. Delta, expressed in dollars E. Gamma, expressed in percentage
Answers
The resulting ABCD position in the customer's account on the business day following expiration is flat or no position in ABCD.
If you write a call, hoping to benefit from the time decay of the options premium, the measure you would use is: A. Theta, expressed in dollars.
The resulting ABCD position in the customer's account on the business day following expiration:
The customer has shorted 100 ABCD 150 calls and shorted 100 ABCD 150 puts.
If the price of ABCD is $150 at expiration, both the call and put options would expire worthless, as the price is exactly at the strike price.
In this case, the customer's options positions would be closed out, resulting in a flat or no position in ABCD in the customer's account.
If you write a call, hoping to benefit from the time decay of the options premium:
When you write or sell a call option, you receive the premium from the buyer of the option.
As time passes and the expiration date approaches, the value of the call option may decline due to time decay.
The measure used to gauge the impact of time decay on the option premium is called Theta.
Theta represents the change in an option's value with respect to time, and when expressed in dollars, it indicates the daily decrease in the option's premium due to time decay.
Therefore, to assess the benefit from time decay when writing a call, you would use Theta, expressed in dollars.
The resulting ABCD position in the customer's account on the business day following expiration is flat or no position in ABCD. When writing a call to benefit from time decay, the appropriate measure to use is Theta, expressed in dollars.
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Please help
Give four examples of how a business product can affect its operations function
Answers
1. Product design: The design of a product can impact the operations function in terms of production methods, equipment, and staffing requirements. For example, if a product is complex and requires specialized machinery to produce, the operations team will need to invest in the right equipment and ensure that they have skilled staff to operate it.
2. Product complexity: The complexity of a product can also impact the operations function. If a product is highly complex, it may require more time and resources to produce, which can affect production schedules and staffing levels.
3. Product quality: The quality of a product can impact the operations function in terms of quality control measures, inspections, and testing. If a product has strict quality requirements, the operations team may need to invest in additional quality control measures to ensure that the product meets those requirements.
4. Product demand: The demand for a product can impact the operations function in terms of production volumes, inventory management, and staffing levels. If a product is in high demand, the operations team may need to increase production volumes and ensure that they have enough inventory to meet customer demand. They may also need to hire additional staff to keep up with production levels.
How do you calculate marginal cost from production cost?
Answers
marginal cost The difference in total production costs caused by creating or producing one extra unit is known as the marginal cost in economics.
Divide the variation in production costs by the variation in quantity to determine marginal cost. In managerial accounting, the idea of marginal cost is crucial because it may be used to maximize production through economies of scale within an organization. The overall costs involved in producing an additional good are what is referred to as the marginal cost. Therefore, it can be evaluated by changes in the costs associated with each extra unit. Because a corporation seeking to maximize profits will only create until marginal cost (MC) equals marginal income, marginal cost is a key concept in economic theory.
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suppose the canadian government has decided to place an excise tax of $20 per tire on producers of automobile tires. excise taxes are also called sales or commodity taxes. previously, there was no excise tax on automobile tires. as a result of the excise tax, producers of tires, such as bridgestone and michelin, are going to alter their tire prices. the graph illustrates the demand and supply curves for automobile tires before the excise tax. please shift the appropriate curve or curves on the graph to demonstrate the new equilibrium.
Answers
In order to determine the effect of the tax on the demand and supply graph, please check the attached image.
A tax is a form of transfer to wealth from businesses to the government. Taxes increase the price of goods and services. As a result of the tax levied on the producers of automobile tires, the cost of making tires would increase. This would make producing tires more expensive.
As a result of the increase in the cost of making tires, the production of tires would fall. As a result, there would be a leftward shift of the supply curve. This would lead to a rise in equilibrium price and a decrease in equilibrium quantity.
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7. Another example of opportunity cost is a company's cost of capital. Suppose a manufacturer wants to add
microwave ovens to its product line. To do this, it must invest $500,000 in new equipment.
Besides the original investment, the company estimates it would spend $200,000 per year on production
costs for labor and materials. It also estimates that it could sell about $225,000 worth of microwave ovens
each year. Would it benefit the company to manufacture the microwave ovens if it could earn 10 percent
interest by purchasing U.S. Treasury bonds with the $500,000? Explain your answer.
Answers
Answer:
You should invest in US bonds because you will be able to earn a higher return than if you build and sell microwaves.
Explanation:
alternative 1, build and sell microwave ovens:
initial outlay = $500,000
net cash flow per year = $225,000 - $200,000 = $25,000
alternative 2, invest in US securities:
investment = $500,000
net cash flow per year = $500,000 x 10% = $50,000
Opportunity costs are the benefits lost or extra costs resulting from choosing one activity or investment over another.
If you choose to build and sell microwaves, you will not be able to invest in bonds, and therefore, your net income will decrease by $25,000 - $50,000 = -$25,000.
Instead, if you invest in bonds and not microwaves, your net income will increase by $50,000 - $25,000 = $25,000.
You should invest in US bonds because you will be able to earn a higher return than if you build and sell microwaves.
The calculation is as follows:alternative 1, build and sell microwave ovens:
initial outlay = $500,000
So,
net cash flow per year = $225,000 - $200,000 = $25,000
now
alternative 2, invest in US securities:
investment = $500,000
net cash flow per year = $500,000 x 10% = $50,000
In the case when you choose to build and sell microwaves, you will not be able to invest in bonds, and therefore, your net income will decrease by $25,000 - $50,000
= -$25,000.
Now
Instead, if you invest in bonds and not microwaves, your net income will increase by $50,000 - $25,000
= $25,000.
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* I ONLY HAVE AN HOUR LEFT*
The relationship between the level of spending and the income earned is :
A)Positive
B)Negative
Answers
Answer:
Positive.
Explanation:
The relationship between the level of spending and the income earned is positive. This implies that there is a relationship in which both indicators run in parallel, so that if income rises, the level of expenses will also tend to rise; While if income falls, the same will necessarily happen with the level of spending.
This occurs for a logical question: the greater the amount of money earned by a person, the greater the amount of money available to him to spend on different goods and services; and vice versa.
The regional sales department for Xerox copiers may be classified as a(n) A) cost center. B) investment center. C) profit center. D) revenue center.
Answers
The regional sales department for Xerox copiers is most likely classified as a profit center. A profit center is a department or division within a company that is responsible for generating revenue and earning profits.
Since the regional sales department is responsible for selling Xerox copiers and earning revenue from those sales, it can be classified as a profit center. On the other hand, a cost center is a department or division that is responsible for incurring expenses, such as an administrative department. An investment center is a department or division that is responsible for investing company funds and earning a return on those investments. A revenue center is a department or division that is responsible for earning revenue, but may not necessarily be focused on profitability. In conclusion, the regional sales department for Xerox copiers is most likely classified as a profit center since its main focus is on generating revenue and earning profits for the company.
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According to the video, what products were made by Biomedical Engineers?
imaging systems
prescription drugs
artificial limbs
lasers for surgery
naturopathic
Answers
Answer:
Imaging systems
artificial limbs
lasers for surgery
Explanation:
I just did the assignment
Answer:
→imaging systems←
→artificial limbs←
→lasers for surgery←
( 1, 3, and 4)
Explanation:
Doing the Assignment, but I hope this helps
The person above is correct so all credit to them↑↑
A home improvement store has an assembled kids playset on display. There
are no signs waming parents not to let their kids play on it. When a child
climbs on the playset, it collapses and the child breaks her wrist. The playset
was not assembled properly for use because it was only for display. Is the
home improvement store negligent?
A. Yes. The store has a duty of care to provide a safe environment
and not assembling the playset correctly or putting up warning
signs is a breach of duty. The breach caused the playset to
collapse and resulted in harm to the child.
O B. Yes. Home improvement stores are held to a higher standard of
care than other stores because they sell some dangerous items.
Even though a reasonable person wouldn't climb the playset, the
store is still negligent.
O C. No. Home improvement stores do not have a duty to ensure the
safety of their customers because they sell some dangerous
items. Without duty to the customer, the store cannot be negligent.
OD. No. The store is not in violation of a breach of duty because
customers should know never to climb on or use anything on
display in a store. Without breach of duty, the store is not
negligent
Answers
Answer:
a. yes. the store has a duty of care to provide a safe environment and not assembling the playset correctly or putting up a sign is a breach of duty. and it resulted in harm.
Explanation:
a p e x
explain why modern economics are becoming increasingly global
Answers
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
in an economy with constant velocity, a real gross domestic product growth rate of 2 percent, an ex ante real interest rate of 3 percent, and a money supply that is expected to grow at 7 percent, the nominal interest rate would be percent.
Answers
The nominal interest rate would be 12%. Nominal interest rate is the percentage rate of interest that is quoted on a loan or deposit, without adjusting for inflation.
Nominal interest rate is the interest rate as it is stated, without any adjustment for the effect of inflation on the purchasing power of the money that will be received. It is the rate of interest that borrowers pay on loans and the rate of interest that depositors receive on savings and other deposit accounts.
To determine the nominal interest rate you can use this formula:
Nominal interest rate = Real GDP growth rate + Ex ante real interest rate + Expected growth rate of money supply
In this case:
Nominal interest rate = 2 percent + 3 percent + 7 percent
Nominal interest rate = 12%
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