Assuming the bonds are sold at par value, the issuer will records the sale with a debit to: Cash $100,000.
Journal entryBased on the information given if the company issues the amount of $100,000 of 5%, 10-year bonds dated january 1 the appropriate journal entry to record this transaction is:
Debit Cash $100,000
Credit Bond payable $100,000
(To record bonds sold at par value)
Inconclusion the issuer will records the sale with a debit to: Cash $100,000.
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Fancy Nails' budgeted revenue is $20 per manicure. The planning budget for June was based on 2,400 manicures. During June, the actual revenue was $49,750 for 2,500 manicures. The revenue variance for June is ______.
Based on the information given the revenue variance for June is : $250 Unfavorable
Revenue VarianceUsing this formula
Revenue variance=(Flexible budget-Actual revenue)
Let plug in the formula
Revenue variance=($20 per manicure x 2,500 manicures)-$49,750
Revenue variance=$50,000- $49,750
Revenue variance = $250 Unfavorable
Inconclusion the revenue variance for June is : $250 Unfavorable.
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Technology has made our life easier. Justify the statement.
The difference between accounting profit and economic profit is.
Answer:
Accounting profit - Your actual profit
Economic profit - Profit, but opportunity cost factored out
Explanation:
Accounting profit is how much you made (Revenue - Explicit Cost.
Economic profit includes implicit costs, or opportunity cost. If you could have made $100,000 at a different job, you subtract that. If Accounting-Economic profit is 0 or higher, you should stay in business.
Which section of a budget would the monthly electric bill best belong in?
A. Housing and utilities
B. Meals and entertainment
C. Groceries and supplies
D. Transportation
Answer:
A. Housing and utilities.
Explanation:
It would be part of your house and it's a utility that come with an apartment so it's part of rent.
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Jana has $100 to open a checking account. she can maintain a monthly balance of $300. she also has a savings account at the same bank. she plans to use online bill paying and write fewer than 10 checks per month. she currently uses her bank’s atm several times per month. jana does not overdraw her account. bank account terms and conditions bank account terms and conditions. bank b is best for jana. jana wants an account with the lowest fees. which checking account would be best for jana? account a account b account c account d
Bank account is opened in bank to save/ deposit money and generate interest from it. Jana should choose account b.
What is a bank account?It is an account in bank where money deposited, and it can be withdrawn by check or passbook and bank gives interest on deposit. A bank provides Current, Savings, Fixed Deposit Accounts, Recurring Deposits facilities.
It is better for Jana to choose account b as the minimun balance required is $250, and it charges 0 for ABC bank ATMs and check writing limit is more, i.e. 12/ month.
Therefore, Jana should choose account b.
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Answer:
account b
Explanation:
Walmart sells a bike that cost $100 to a customer for $250 cash. using a perpetual inventory system, the entry to record the sale includes a debit to and credit to for $250. the entry to record the cost of the sale includes a debit to cost of goods sold and a credit to for $100.
i. true
ii. false
1. Using a perpetual inventory system, the entry to record the sale for Walmart includes a debit to the Cash account and a credit to the Sales Revenue account for $250.
2. The entry to record the cost of the sale under the perpetual inventory system includes a debit to the cost of goods sold and a credit to Inventory for $100.
What is the perpetual inventory system?The perpetual inventory system can be differentiated from the periodic inventory system by the fact that perpetual inventory continuously updates the inventory value without relying on the physical inventory count.
Under this system, the cost of goods sold is debited and the inventory account is credited.
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YASHARI earns $27,000 per year, is single, and lives in Wyoming. She has $7000 in Direct Subsidized loans and another $19,000 in Direct Unsubsidized loans. She is trying to save up an emergency fund of at least 6 months’ take-home pay, so she’s torn about how much she should devote to her student loans and how much to the emergency fund every month.
- Which plan has the highest total amount paid? How long is the repayment period for this plan?
a) The plan with the highest total amount paid is the Direct Unsubsidized Loan of $19,000 because, in addition to the interest, the principal amount is higher than the Direct Subsidized Loan.
b) The repayment period for the Direct Unsubsidized Loan is 10 years after graduation if the Standard Repayment Plan is chosen.
What are unsubsidized and subsidized loans?Subsidized Loans are student loans subsidized by the Federal Government, especially with respect to the interest payment.
Subsidized Loans do not accrue interest during school at least half-time or during deferment periods. They are available for undergraduate and graduate students in financial need.
Unsubsidized Loans are federal student loans for both undergraduate and graduate students that are not based on financial need. They accumulate interest during school if the student does not elect to make monthly interest payments.
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If the steady-state rate of unemployment equals 0. 125, the rate of job findings is 0. 56, then the fraction of employed workers who lose their jobs each month must be
Answer:
Explanation:
125, the rate of job findings is 0. 56, then the fraction of employed workers who lose their jobs each month must be.
The fraction of the employed workers who lost jobs at the end of each month should be 0.08
What is unemployment rate?The unemployment is the situation in the working environment which shows the number of educated candidates who are still ideal and does not possess any job.
Computation:
[tex]\begin{aligned}\text{Rate}&=\dfrac{\text{f}\times\text{Um}}{( 1-\text{Um})}\\\\& = \dfrac{0.125\times( 0.56)}{( 1- 0.125 )} \\\\& = 0.08\end{aligned}[/tex]
were,
f is rate of job finding
Um is the unemployment rate
Therefore, the rate of job separation is 0.08
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what are some economic choices teasha had to make
Answer:
The human resources that will be required by Teasha to open her business include a receptionist, cashier, and salesperson.
From the information given, Teasha has graduated from school and wants to open her own business. She has experience working in a gift store and wants to have her own gift store too.
Therefore, she'll need a receptionist, a cashier, and a salesperson. The receptionist will welcome customers and answer phone calls from clients.
The cashier will help with issuing and receiving payments. Lastly, the salesperson will be responsible for helping the customers find items in the store and increasing sales.
Explanation:
According to the video, what are some decisions that Architects make? Select four options.
how much money a building will be worth when finished
what traffic patterns people will follow
how people will feel when they enter or leave a building
how many laborers are needed for a project
where to put doors, walls, and windows
what building materials to use
which people will be allowed to enter a building
The decisions that Architects make include:
how much money a building will be worth when finished.how people will feel when they enter or leave a building.where to put doors, walls, and windows.what building materials to use.Who is an architect?It should be noted that an architect simply means an individual who plans, designs and also oversees the construction of a building.
In this case, some of the decisions that Architects make include how much money a building will be worth when finished, how people will feel when they enter or leave a building, etc.
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Answer:
above answer is wrong
Explanation:
Hollaway Manufacturing is considering using stocks of an old raw material in a special project. The special project would require all 180 kilograms of the raw material that are in stock and that originally cost the company $2,406 in total. If the company were to buy new supplies of this raw material on the open market, it would cost $7 per kilogram. However, the company has no other use for this raw material and would sell it at the discounted price of $6. 35 per kilogram if it were not used in the special project. The sale of the raw material would involve delivery to the purchaser at a total cost of $68 for all 180 kilograms. What is the relevant cost of the 180 kilograms of the raw material when deciding whether to proceed with the special project
Assuming the delivery cost is $68. The relevant cost of the 180 kilograms of the raw material when deciding whether to proceed with the special project is $1,075.
Relevant costUsing this formula
Relevant cost=(Raw material×Discounted price)-Delivery cost
Where:
Raw material=180 kilograms
Discounted price=$6.35
Delivery cost=$68
Let plug in the formula
Relevant cost=(180 kilogram×$6.35)-$68
Relevant cost=$1,143-$68
Relevant cost=$1,075
Inconclusion the relevant cost of the 180 kilograms of the raw material when deciding whether to proceed with the special project is $1,075.
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What is the term for media for broad popular audiences—including newspapers, radio, and television?.
Answer:
Mass media
Example
Mass media is actually the primary means of communication for the general public to communicate with each other as well as on a grander level. The most popular types of mass media include Newspapers, Radio, Television, Internet, Magazines.
What is the relationship between interest rate, aggregate income, and price level?.
A decrease in income will lead to a decrease in price level and a decrease in the interest rate.
What is the relationship between these variables?When income declines, there would a decrease in demand and this would lead to a decline in price levels. When price levels fall, interest rate also decline. Thus, there is a positive relationship between these variables.
how can asking for help with your work be an advantage
It will be an advantage if you answer your questions again after getting help.But without looking at the answers you got from friends and compare it later to see if your answers were alike or not.
The accounts receivable turnover ratio is calculated by:.
Answer:
It is calculated by dividing net credit sales by average accounts receivable
Explanation:
Some economists argue that the american medical association and the american bar association create an effect on labor markets similar to that of a labor union. Do you agree?
Both American medical and American bar association create labor markets this is because the two associations both employ individual that are qualified for their fields restricting entries on unqualified candidate.
What is labour market?Labour market is a platform for labour demand and supply such that he employees provide all there service demanded of them and the employer supplies all that the employee demands.
The two associations both provides employee that are qualified for their fields and medical and
demand and supply of labour are both regulated.
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When a tax is placed on a product, it’s_________increases, so it’s_________ may decrease. People react to the higher prices by buying _______.
Answer:
The answer is product, sales, similar products.
Explanation:
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F. What effect does a low unemployment rate have on business? what effect does a high unemployment rate have on business?
Answer:reduces the productivity of the company as a whole<3
Explanation:
It comes when there's an increase demand for labor because of low unemployment. With less people available for work, employers have to increase their wages to find, and keep, employees. This can cause some organizations to settle for less-talented workers, which again reduces the productivity of the company as a whole
The effect of low unemployment rate on business is that the productivity of business will fall, and the effect of high unemployment rate on business is that the productivity of business will raise.
What is unemployment rate?The unemployment rate refers to the state of being unemployed. The unemployment rate is derived by dividing the total number of people in the labor force by the number of people who are jobless.
The labor force is the total number of people who are employed and unemployed. A low unemployment rate has the impact of lowering business productivity, whereas a high unemployment rate has the effect of increasing business productivity.
Therefore, the unemployment rate is defined as the state of being unemployed.
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Revenue and expenditures are sitting on a balance at the same level. This diagram shows a government’s budget. Which of the following words can best be applied to this budget? unbalanced balanced deficit surplus.
The government’s budget is balanced when the Revenue and expenditures are sitting on a balance at the same level. Option B is correct.
What is government budget?A government budget is a document created by the government or the other political institution that outlines anticipated tax revenues and proposed expenditure for the new financial year.
The budget is introduced to the legislature in most parliamentary systems, and it typically involves authorization.
Provided that the box dimensions symbolize the lengths of a state's revenues and expenditures, and that the two sizes are equivalent, the budget is called the balanced budget, as Revenue=Expenditure.
If in the second condition, if the two sizes are not equivalent then the budget would be called as the unbalanced budget, and then deficit will occur if the expenditure > revenue and the Surplus will make if revenue > expenditure.
Therefore, option B is correct.
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Answer: B
Explanation: takin test now
resoudre cette equation suivante. 5 - 6 = 3 +2 x. aidez moi svp .. reponse
Answer :
-2
5-6=3+2x
-1=3+2x
-1-3=2x
-4=2x
-4/2=x
-2=x
Choose all the characteristics of an effective leader.
✓ Welcome feedback
Take team credit
Micromanage
Have emotional intelligence
O Work to resolve conflict
Coach employees
Foster unhealthy competition
Answer:
likes competitions, puts in the work, team player
Welcome feedback, have emotional intelligence, work to resolve conflict, and coach employees are characteristics of an effective leader. Therefore, options A, D, E, and F are correct .
An effective leader is an individual who possesses the skills, qualities, and attributes necessary to inspire, guide, and motivate a team towards achieving common goals and objectives.
They demonstrate strong communication skills, actively listen to their team members, and value their input. Effective leaders exhibit emotional intelligence, understanding and managing their own emotions as well as those of others.
They foster a positive work environment, promote collaboration, and work to resolve conflicts constructively. Additionally, they provide guidance and support to their team members, offering coaching and development opportunities to help individuals reach their full potential and contribute to the overall success of the organization.
Therefore, options A, D, E, and F are correct .
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Which members of OPEC would be the most likely to favor high oil prices now because of their small percentage of the world proven oil reserves
The members of OPEC that would be in favor of high prices due to the small oil reserves that they have would be the countries in Africa
EcuadorAngolaTunisiaGabonWhat is OPEC?This is an organization of the petroleum producing countries of the world.
Due to a rise in the oil prices now, these nations would most likely be favored in the sales of their products
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Choose a company you frequently buy from.
For example: Nike, McDonald's, Wawa
Now, identify that company's target market and marketing mix.
Coca Cola follows a price discrimination strategy in its marketing mix and the target market is younger customers within the age bracket of 10-25.
What is Marketing mix?These are set of marketing tools that the firm uses to pursue its marketing objectives in the target market.
Coca Cola follows a price discrimination strategy in its marketing mix means that they charge different prices for their products and its target market are young customers.
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1.24. If an investor borrows $100 and pays back $100 after a year to settle his loan, it implies that the rate of interest is ________. A) 0 percent B) 1 percent C) 10 percent D) 100 percent
,If an investor borrows $100 and pays back $100 after a year to settle his loan, it implies that the rate of interest is 0%
What is Interest Rate?This refers to the added amount which is to be repaid with respect to a loan after a given time period.
With this in mind, we can see that because after a period of 1 year, the principal amount which is $100 is paid back without any additional charge, then the rate of interest on the loan is 0%.
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Shaun oversees the marketing and sales activities for a company that sells products through its website. his job title is best described as . nadine analyzes ways to improve the number of viewers and time they spend on a website by promoting the site and updating its text and graphics to improve its search rankings. her job title is best described as .
The answer for the first one is Online Merchant
And the answer for the second one is Search Marketing Strategist
You're Welcome
PS: I'm not sure if it's too late, but hopefully I helped you.
Answer:
The other person is correct.
Explanation:
If the government levies a $500 tax per car on sellers of cars, then the price received by sellers of cars would:.
N the knowledge economy, if a large portion of company value is in intellectual and human assets, the difference between the market value and book value of the company should ________ a company with mostly physical and financial assets.
It will be expected that the difference between a company's market value and book value should be larger than a company with mostly physical and financial assets if the large portion of company value is in intellectual and human assets.
What is an intellectual/human assets?These are asset possessed by a firm that ranges from human capital, information capital, brand awareness, instructional capital etc.
These are assets that can be improved when a firm hires better employees, conduct training programs, develops new patents etc
In conclusion, since the large portion of company value is in intellectual and human assets, then, the market/book value would be larger than a company with mostly physical/financial assets.
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Inseparability in services refers to the fact that.
Inseparability refers to : The consumer cannot distinguish between the service provider from the service itself.
What Is Service Inseparability?Service inseparability means that the production and consumption of a service can't be separated from the provider of that service. It also requires that a customer is physically participating in the consumption of the service.
The above means every part of the experience is tied together. A customer can't separate the consumption of the service they've purchased from the provider.
Hence, Inseparability means consumer cannot distinguish between the service provider from the service itself.
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In a competitive market, no single producer can influence the market price because.
Explanation:
many other sellers are offering a product that is essentially identical consumers have more influence over the market price than producers do.
The crunchy granola company is a diversified food company that specializes in all natural foods. the company has three operating divisions organized as investment centers. condensed data taken from the records of the three divisions for the year ended june 30, 20y7, are as follows: cerealdivision snack cakedivision retailbakeries divisionsales $25,000,000 $8,000,000 $9,750,000 cost of goods sold 16,670,000 5,575,000 6,795,000 operating expenses 7,330,000 1,945,000 2,272,500 invested assets 10,000,000 4,000,000 6,500,000 the management of the crunchy granola company is evaluating each division as a basis for planning a future expansion of operations.required:question content area1. prepare condensed divisional income statements for the three divisions, assuming that there were no support department allocations.2. using the dupont formula for return on investment, compute the profit margin, investment turnover, and return on investment for each division. if required, round your answers to one decimal place.3. when faced with limited funds for expansion, management should consider an expansion of the division first.
Based on the given entries, the condensed divisional income statements are:
Cereal Division Snack Cake Retail Bakeries
Sales 25,000,000 8,000,000 9,750,000
Cost of Goods (16,670,000) (5,575,000) (6,795,000)
Sold
Gross Profit 8,330,000 2,425,000 2,955,000
Operating Expenses (7,330,000) (1,945,000) (2,272,500)
Operating income (1,000,000) (480,000) (682,500)
The profit margins, Investment turnover, and ROI.
Cereal Division Snack Cake Retail Bakeries
Profit Margin 4 6 7
Investment Turnover 2.5 2 12
ROI 7 1.5 10.5
The management should go with Snack Cake as it has the highest Profit Margin.
What are the matrics and ratios for Crunchy Granola Company?The condensed income statements will show all the divisions and their operating incomes in one statement as shown above.
The profit margin can be found as:
= Operating income / Sales x 100
The Return on Investment (ROI) is:
= Operating income / Invested assets x 100
Investment turnover can be found as:
= Sales / Invested assets x 100
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