Under the perpetual inventory system, the adjusting journal entries to record estimated sales returns (the original sales were on account) would be a credit memo is issued
What is credit memo?A credit note, also known as a credit memo, is a business document issued by a seller to a buyer. Credit notes serve as a starting point for the sales return diary. In other words, the credit note is proof of a decrease in sales.
A credit memo is a commercial document sent by a supplier to the customer informing the customer of a decrease in the amount owed to the seller. If it is a cash sale, it denotes the amount of benefit owed to the client by the supplier.
A credit memo is a document that shows how much money a customer is owed for a full or partial return.
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how did trade and finance change from 1000 to 1500
Trade and finance changed in the period from 1000 to 1500- There was the expansion of trade which led to the growth of new municipalities and metropolises with people moving down from the townlets to these new capitals. It also made foreign goods fluently available.
Trade refers to the voluntary exchange of goods or services between profitable actors. Since deals are consensual, trade is generally considered to profit both parties. In finance, trading refers to copping and dealing securities or other means. In transnational trade, the relative advantage proposition states that trade benefits all parties. utmost classical economists endorse for free trade, but some development economists believe protectionism has advantages.
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What do you think is an “infographic design”? *
Answer:
An info-graphic design is a map or design that contains pictures explanation about the topic.
Explanation:
To show the understanding about the topic, use shorter paragraphs, pictures, and make sections for the readers to understand faster than an essay or paragraphs.
(It might help if you search up pictures of info-graphics on Internet)
the plan that is best suited to identify the long term requirement of capacity is: group of answer choices aggregate production plan material requirements plan material management plan master schedule
Aggregate production plan is best suited to identify the long term requirement of capacity.
What is aggregate production planning (APP)?
Planning for aggregate output is helpful for operation management. It relates to setting up production, inventory, and staffing levels to meet shifting demand over a planning horizon of anything between six months and a year. Plans for aggregate production are essential for operations management and are required to take advantage of labor opportunities. For a brief or medium amount of time, this strategy aids in maintaining market equilibrium between supply and demand. Aggregate production planning's (APP) primary objective is to maximize manufacturing while lowering operating expenses.
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a firm has sales of $1,160, net income of $220, net fixed assets of $532, and current assets of $288. the firm has $95 in inventory. what is the common-size balance sheet value of inventory? multiple choice 8.19% 32.99% 43.18% 11.59% 17.86%
The common-size balance sheet value of inventory is 11.59%. The correct option is D, 11.59%.
The Common-size balance sheet The common-size balance sheet expresses each item as a percentage of total assets.
It is used to evaluate the proportion of each account balance to total assets, the stability of a company over time, and how the company compares to others in its industry.
To solve the given problem, we are to determine the common-size balance sheet value of inventory. We are given the following information:Sales = $1,160
Net income = $220Net fixed assets = $532Current assets = $288Inventory = $95
To determine the common-size balance sheet value of inventory, we divide the inventory by the total assets, which is the sum of net fixed assets and current assets.
Therefore:Total assets = Net fixed assets + Current assetsTotal assets = $532 + $288Total assets = $820Then we divide the inventory by the total assets, which gives:
Inventory / Total assets = $95 / $820
Inventory / Total assets = 0.1159 or 11.59%
Option D.
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a good intended for final use by consumers rather than business
Answer:
A consumer good is a product intended for final use by a consumer.
Explanation:
Consumer good: a good intended for final use by consumers rather than by businesses
The pure monopoly extracts all surplus from consumers, yielding higher profits than any other pricing method when it employs which of the following?
A. Perfect price discrimination
B. Perfectly competitive pricing
C. Personal pricing
D. Open Tier Price discrimination
E.First degree Price discrimination
The pure monopoly extracts all surplus from consumers, yielding higher profits than any other pricing method when it employs E) First degree Price discrimination.
Explanation: First Degree Price Discrimination means in a monopoly, the monopolist charges different prices according to the different willingness of the consumers. Suppose, a person has the willingness of Rs. 10, the monopolist is going to charge him with entire Rs. 10 which is his highest willingness to pay for the good and the entire consumer surplus is going to be with him and there will be consumer surplus that will be equal to zero. Also, in this case, total surplus will be producer's surplus. Similarly, if another person has the willingness to pay Rs. 9, the monopolist is going to charge him the entire Rs. 9 and his willingness to pay is exhausted.
Again producer's surplus is going to be Rs. 9 and consumer's surplus will be zero. So eventually, when he reaches the marginal customer, his willingness will also reduce to marginal willingness to pay. So in this way, the monopolist extracts entire consumer surplus and will get great amount of producer's surplus, which will yield him higher profits than any other method.
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Usually, debt costs less than equity because
a. it has lower risk profile
b.interest on debt is tax-exepmt
c.all answers are true
d.it has a priorety in interest payment
Debt generally costs less than equity for multiple reasons. Firstly, debt typically has a lower risk profile compared to equity. Debt is a contractual obligation that requires the borrower to repay the principal amount along with interest over a specific period.
Secondly, interest on debt is often tax-exempt or tax-deductible, depending on the jurisdiction. This tax advantage lowers the effective cost of debt for the borrower, making it more affordable compared to equity financing. Lastly, debt holders generally have a priority in interest payment over equity holders. In the event of financial distress or bankruptcy, debt holders have a higher claim on the assets and cash flows of the company. This priority gives debt holders more security and increases their chances of receiving repayment, thereby reducing the risk associated with lending. Considering these factors, debt is typically a more cost-effective form of financing compared to equity, making it a preferred choice for many companies seeking capital.
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Because susans standard deduction is greater than the amount she made, it turns out that Susan never owed taxes. How large of a refund should she expect from the Federal
government if she follows through on filing her 1040 form
Note that if Susan's standard deduction is greater than the amount she made, it means her taxable income is zero. If she had any taxes withheld from her paychecks throughout the year, she would be eligible for a full refund of those taxes.
What is the rationale for the above response?Assuming Susan is a single taxpayer under the age of 65 and not claimed as a dependent on anyone else's tax return, her standard deduction for tax year 2022 (filing in 2023) would be $12,950.
If Susan's total income for the year is less than or equal to $12,950, she would owe no federal income tax and would be eligible for a full refund of any federal income tax withheld from her paychecks or estimated tax payments she made throughout the year.
The exact amount of her refund would depend on how much federal income tax was withheld from her paychecks or paid in estimated tax payments throughout the year. Susan can determine the amount of her refund by completing her tax return using Form 1040 and any other applicable forms and schedules.
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Culver City College, a public college, has a 10-week summer session that starts on June 25, 2020, so that one week is held during FY 2020 and the other nine weeks meet during FY 2021. Tuition and fees in the amount of $1,000,000 were collected from students for classes to be conducted in this session.
Required:
What amount should Culver City College recognize as unrestricted revenue in each of the years ended (FYE) June 30, 2020 and June 30, 2021?
Based on the information given, the amount that will be recognized as unrestricted revenue in each of the years will be $100,000 and $900,000.
Unrestricted revenue simply means the donations that can be used by a company or group for purposes that meet the goals that were set aside.
From the information, the unrestricted revenue in June 30, 2020 will be:
= 10% × $1,000,000
= $100,000
The unrestricted revenue for June 30, 2021 will be:
= $1,000,000 - $100,000
= $900,000
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The field of economics that deals primarily with the factors that determine wage rates, employment, and unemployment is called?
Business Economics is the field of economics that deals primarily with the factors that determine wage rates, employment, and unemployment
It is a field of both business and economics that deals with both the micro and macro aspect of the economics with the mix of the management involved in it.
It involves both the wage rates and employment and unemployment issues with the business activities and the management at all levels to consider the policies and procedures to be implied in the organisation. It also decides the income and wage expansion accordingly.
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Shelly hired mostly high school and college students at her landscaping business. Although her company was earning a profit, it wasn't the success she envisioned. After talking with customers and potential customers, Shelly began to hire additional workers from different age groups and experience levels. Hiring workers with more experience enabled her to bid for more complicated projects and increased customers' confidence and satisfaction. This scenario illustrates the leadership concept of:
Answer:
Diversity promoter
Explanation:
Analyzing the scenario of the question above, it is correct to say that Shelly promoted diversity in the organization by hiring additional employees of different age groups and levels of experience, and thus managed to compete for more complicated projects and increased customer confidence and satisfaction.
The diversity in the organization promotes greater innovation, creativity and a culture more favorable to development, through the exchange of experiences, which benefits the internal and external environment, since there is greater identification of the problems related to each age group and greater satisfaction of the customers' needs. , which increases the company's positioning in the market and customer loyalty.
Compared to a short-term investment, what is the general return of a long-term investment? A) A long-term investment has a similar return to a short-term investment.
B) A long-term investment has a greater return because it has greater risk.
C) A long-term investment has a greater return because it has lower risk.
D) A long-term investment has a lower return because it has lower risk.
Let understand that "short-term investment" are investments that can be easily converted to cash and has a maturity period of less than a year. Example of this investment are Money Market.
"Long term investment" are investment that runs over a long period of time and yield higher return than the short-term investment". Example of these investment are stocks, bonds, real estate
People invest in "Long term investment" because its offers more risk for higher rewards.
In conclusion, long-term investment has a greater return because it has greater risk.
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Answer:
Compared to short-term investment, what is the general return of long-term investment?
Long-term investment has a similar return to short-term investment.Long-term investment has a greater return because it has greater risk.Long-term investment has a greater return because it has lower risk. <<<CORRECTLong-term investment has a lower return because it has lower risk.Explanation:
Edge 2022
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It allows you to rent a car while yours is being repaired. a. auto replacement c. personal damage liability b. comprehensive physical damage d. rental reimbursement
Answer:
I'm pretty sure the answer is d
Explanation:
Alternatively, you may pay out-of-pocket for your rental then seek reimbursement from the other insurance company once it completes its investigation.
Answer:
D
Explanation:
the aca requires health insurers to community rate all business. (True or False)
The statement is false because the Affordable Care Act (ACA) does not require health insurers to community rate all businesses.
Instead, the ACA mandates that insurers cannot charge higher premiums based on pre-existing conditions, gender, or health status. Additionally, small businesses with fewer than 50 full-time employees are not subject to the community rating requirement.
However, insurers must still offer coverage to small businesses and cannot discriminate against them based on health status or other factors. Ultimately, the ACA aims to increase access to affordable healthcare for all Americans, including those who own or work for small businesses.
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Which of the following is used to make the size estimation when developing the schedule? : O LOC information from the successfully completed similar past projects O LOC information from the existing project Number of transactional functions of the target application
The option used to make size estimation when developing the schedule is: "LOC information from the successfully completed similar past projects."
Size estimation plays a crucial role in developing an accurate schedule for a project. In this context, using the "LOC (Lines of Code) information from the successfully completed similar past projects" is a common approach. By leveraging historical data from similar projects that have been successfully completed, the organization can analyze the number of lines of code required and use it as a basis for estimating the size of the current project. This approach assumes that projects with similar characteristics and functionality will have comparable levels of effort and time required for completion. By considering the past project's LOC information, project managers can make informed decisions and create more realistic schedules for the development process.
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Which of the following leads to response bias?
a.Errors in asking questions
b.Errors in recording answers
c.Errors in probing when additional information is required
d.Errors due to cheating
e.All of the above.
a. Errors in asking questions can lead to response bias. Response bias occurs when respondents provide answers that are not accurate or truthful due to various reasons, such as social desirability bias, acquiescence bias, or leading questions. Errors in asking questions can create confusion, make it difficult for respondents to understand the question, or influence their response by implying a particular answer.
Errors in recording answers and errors in probing when additional information is required can also contribute to response bias. If answers are recorded incorrectly or if the respondent is not given enough time or opportunity to provide a complete answer, the response may not accurately reflect their true opinion or experience. Similarly, if a researcher fails to probe or clarify responses, important information may be missed or misunderstood.
Errors due to cheating can also be a source of response bias, but this is less common in research studies and more likely to occur in surveys or assessments where there is a strong incentive to provide certain responses.
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If the internal rate of return exceeds the discount rate, then the net present value of a project is:
A) positive
B) negative
C) zero
D) one
If the internal rate of return exceeds the discount rate, then the net present value of a project is: A) positive.
What is IRR?In Project management, IRR is an abbreviation for internal rate of return and it can be defined as a metric that is typically used in financial analysis in order to estimate the profitability of all potential projects or investments for a business organization or investor.
This ultimately implies that, internal rate of return (IRR) has the ability to discount the cash in-flows and out-flows of a project to a sum that would be equal to zero (0).
In this context, we can reasonably infer and logically deduce that the net present value (NPV) of a project would be positive when the internal rate of return (IRR) exceeds the discount rate i.e the internal rate of return (IRR) is greater than the discount rate of the project.
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Select the correct answer from each drop-down menu.
When a government introduces regulations addressing worker safety and environmental protection, it affects businesses and consumers.
Businesses face
v because they must alter existing infrastructure to meet regulations. As a result, consumers pay
v for produced goods.
Businesses and consumers are impacted when a government enacts legislation addressing worker safety and environmental protection. Businesses must change their existing infrastructure in order to comply with rules, which results in (HIGER COST)
Briefing: -As a result, customers pay (MORE) for things that have been produced.
This is due to the extra money that business owners expend to make sure they are adhering to rules. Therefore, in order for them to see a return on their investment, they must sell more of the products they currently have on hand (ROI).
What exactly are business and consumer?Business-to-consumer (B2C) refers to the practice of conducting direct sales of goods and services between an organization and the customers who will ultimately use those goods or services. B2C enterprises are the majority of businesses that sell to consumers directly.
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low inflation is a sign of?
Answer:
usually signals demand for goods and services is lower than it should be, and this tends to slow economic growth and depress wages.Jun
Explanation:
Which one of the following statements is NOT correct? O Investors trade existing securities on primary markets. Corporate financing comes ultimately from savings by investors. Small retail investments cannot invest in hedge funds. O Owners of mutual funds are called shareholders.
The statement "Small retail investments cannot invest in hedge funds" is NOT correct. While it is true that hedge funds usually have certain minimum investment requirements, many hedge funds are now accepting smaller retail investments.
Investors trade existing securities on primary markets. This includes stocks, bonds, and other investments that have been traded by other people prior to their purchase by the investor. Investors use primary markets to buy existing securities from other investors, rather than from the issuing companies.
Corporate financing ultimately comes from savings by investors. Investors put their savings into the stock market, where companies can access capital to grow their business. When investors buy and sell stocks, companies can issue new stock and use the money for business expansion.
Owners of mutual funds are called shareholders. Mutual funds are investment vehicles which are owned by shareholders, who are usually individuals or institutions. Mutual funds are made up of stocks, bonds, and other securities, which the mutual fund company buys and sells on behalf of its shareholders.
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the negative impact of the coronavirus on businesses
Answer:
UNEMPLOYMENT..
main cause..
Firms assume ____ risk when they issue preferred stock than when they issue bonds. The payment of dividends on preferred stock ____ be omitted without the firm being forced into bankruptcy.
a. more; can
b. less; can
c. more; cannot
d. less; cannot
Firms assume (A) more risk when they issue preferred stock than when they issue bonds because preferred stock dividends are not guaranteed, and they can be omitted without the firm being forced into bankruptcy.
Preferred stock and bonds are two types of securities that companies can issue to raise capital. Preferred stock is a hybrid security that has characteristics of both stocks and bonds. The answer is: a. more; can.
It usually pays a fixed dividend, similar to the interest paid on bonds, but it has no maturity date and represents ownership in the company, similar to stocks.
Bonds, on the other hand, are debt securities that pay a fixed interest rate and have a specific maturity date when the principal must be repaid.
When a firm issues preferred stock, it assumes more risk than when it issues bonds.
This is because preferred stock dividends are not guaranteed, and the firm can omit or defer them without being in default, unlike interest payments on bonds, which must be paid on time, or the firm will be in default.
This means that the firm has more flexibility in managing its cash flows when it issues preferred stock, but it also exposes investors to more risk.
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Three-month European put options with strike prices of $50, $55, and $60 cost $2, $4, and $7, respectively. What is the maximum gain when a butterfly spread is created from these put options?
Answer:
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if the shadow price for a resource is 1 and 150 units of the resource are added what happens to the optimal solution? assuming there are no other changes, the increase is within the allowable increase, and the solution is not degenerate.
If the shadow price for a resource is 0 and 150 units of the resource are added, there will be no change to the optimal solution D. no change This is because the shadow price indicates the marginal value of an additional unit of a resource at the current optimal solution.
When the shadow price is 0, it means that adding a unit of the resource will not change the optimal solution. Thus, adding 150 units of the resource will have no impact on the optimal solution. The Shadow price is a measure used in linear programming to calculate the impact of adding one unit of a particular resource to a problem. It is the difference between the objective function's maximum value and the objective function's value if the resource constraint is relaxed by one unit. The shadow price tells you how much extra profit you would get if you could increase the resource constraint by one unit.
In summary, if the shadow price for a resource is 0, adding 150 units of the resource will not change the optimal solution. Therefore, the answer is d) no change.
The Question was Incomplete, Find the full content below :
If the shadow price for a resource is 0 and 150 units of the resource are added what happens to the optimal solution?
a. decreases by an unknown amount
b. increases more than 0 but less than 150
c. increases by an unknown amount
d. no change
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When you sell your bicycle to another individual on ebay, you are engaging in which type of e-commerce?
When you sell your bicycle to another individual on Ebay, you are engaging in C2C type of e-commerce.
What is C2C?The business concept that promotes commerce between private individuals is known as "consumer to consumer," or C2C. This area of e-commerce connects people to conduct business with one another, whether it be for goods or services.Business-to-business (B2B), customer-to-business (C2B), and business-to-consumer (B2C) are the other three types of e-commerce (business to customer).A C2C's purpose is to facilitate these connections by assisting buyers and sellers in finding one another. Customers might gain from product rivalry and find things that might otherwise be challenging to find.To know more about C2C with the given link
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Excel Online Stractured Actlvity: Recapitalization Currently, Forever. Flowers inc, has a capital structure consisting of 25% debt and 75% equity. Fortever's debt currently has an 7% yield to maturity. The risk-free rate (rM) is 5%, and the market risk premium (rM - fM) is 8%. Using the CAPM, Forever estimates that its cost of equity is currently 12%. The company has a 40% tax rate. The data has been collected in the Microsoft Excel Online file below, Open the spreadsheet and perform the recuired anaiysis to answer the questions below. Do not round intermediate calculations. a. What is Forever's current WACC? Round your answer to two decimal places. % b. What is the current beta on Forever's common stock? Round your answer to two decimal places. c. What would Forever's beta be if the company had no debt in its capital structure? (That is, what is Forever's unlevered beta, bu?) Round your answer to two decimal places. Forever's financial staff is considering changing its capital structure to 40% debt and 60% equity. If the company went ahead with the proposed change, the yield to maturity on the company's bonds would rise to 10%. The proposed change will have no effect on the company's tax rate. d. What would be the company's new cost of equity if it adopted the proposed change in capital structure? Round your answer to two decimal places. \& e. What would be the company's new WACC if it adopted the proposed change in capital structure? Round your answer to two decimal places. W f. Based on your answer to part e, would you advise forever to adopt the proposed change in capital structure?
The company's new WACC would be 10.18% (rounded to two decimal places).f. Advice to ForeverYes, Forever should adopt the proposed change in capital structure as the new WACC of 10.18% is lower than its current WACC of 10.05%. This means that the company can obtain capital at a lower cost with the proposed capital structure change.
(wd x Kd x (1 - T)) + (we x Ke) (wd x Kd x (1 - T)) + (we x Ke) = 0.0105 + 0.09 = 0.1005Forever's current WACC = 10.05% (rounded to two decimal places).b. Calculation of Beta Beta = (r - Rf) / (rm - Rf)Where; r = cost of capital for stockRf = risk-free rate of returnrm = expected market returnGiven data: r = 12%Rf = 5%rm - Rf = 8%Calculate; Beta Beta = (r - Rf) / (rm - Rf)Beta = (0.12 - 0.05) / 0.08Beta = 0.875Forever's current beta is 0.88 (rounded to two decimal places).c. wd = 40%Kd = 10%T = 40%we = 60%Ke = 12.96%
Calculate; wd x Kd x (1 - T) wd x Kd x (1 - T) = 0.40 x 0.10 x (1 - 0.4) = 0.024Calculate; we x Ke we x Ke = 0.60 x 0.1296 = 0.07776Calculate; (wd x Kd x (1 - T)) + (we x Ke) (wd x Kd x (1 - T)) + (we x Ke) = 0.024 + 0.07776 = 0.10176The company's new WACC would be 10.18% (rounded to two decimal places).f. Advice to ForeverYes, Forever should adopt the proposed change in capital structure as the new WACC of 10.18% is lower than its current WACC of 10.05%. This means that the company can obtain capital at a lower cost with the proposed capital structure change.
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3. "Release of a Bollywood is postponed due to opposition by one of the minister." This is an example
of a key component of the business environment. Name the component. Why is it necessary for the
business enterprises to systematically analyze and diagnose this environment
Answer:
The given statement, "Release of a Bollywood is postponed due to opposition by one of the minister," is an example of a key component of the business environment known as "political and legal factors." This component includes the laws, regulations, and policies set forth by governments, as well as the political stability, ideologies, and actions of political figures that can impact businesses.
It is necessary for business enterprises to systematically analyze and diagnose this environment because it affects their operations, decision-making, and profitability. Changes in laws or regulations that impact the industry in which they operate can create opportunities or threats. The actions or positions taken by politicians or public officials can affect the reputation of the business and its customer base. Therefore, understanding these political and legal factors helps businesses identify potential risks and opportunities so they can adjust their strategies accordingly to thrive in a dynamic environment. Additionally, complying with legal requirements and responding to political pressures is essential for the long-term sustainability of the business.
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The preparation for discharging a patient from a medical facility is best begun _____.
A. when the individual is informed of discharge
B. 24 hours before discharge
C. at no particular time
D. at admittance to the facility
Answer:
D. at admittance to the facility
Explanation:
Which person's unemployment is an example of frictional unemployment?
А
a rocont collogo graduato who is sooking to enter the workforce for the first timo
B
a factory worker who was laid off during a recession in order to cut operating costs
a retail salesperson who is looking for work after a period of seasonal employment at a departmen
D
an inexperienced computer programmer who lacks the human capital sought after by employers in
Rebecca wants to buy a new saddle for her horse. The one she wants usually costs $600, but this week it is on sale for $490. She does not have $490, but she could buy it with $60 down and pay the rest in 6 months with 9 percent interest. Does Rebecca save any money buying the saddle this way? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Answer:
high quality and the other one is a little more than I can say is that I was just wondering if you were still going to be able to make it to the store and get some rest and feel better soon and that is why I am asking for a friend to talk to you about it when I get home