A corporation had the following assets and liabilities at the beginning and end of this year. Assets Liabilities Beginning of the year $124,500 $53,373 End of the year 172,000 69,660 Owner made no investments in the business, and no dividends were paid during the year. Owner made no investments in the business, but dividends were $550 cash per month. No dividends were paid during the year, but the owner did invest an additional $45,000 cash in exchange for common stock. Dividends were $550 cash per month, and the owner invested an additional $35,000 cash in exchange for common stock. Determine the net income earned or net loss incurred by the business during the year for each of the above separate cases: (Decreases in equity should be indicated with a minus sign.).

Answer:

$868

Explanation:

FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold

The ending inventory would consist of the purchases that were made last.

It would include 100 units of the inventory purchased on 1/28/15 and 60 units of the inventory purchased on 1/15/15

Value of ending inventory = (100 x 5.5) + (60 X 5.3)

= 550 + 318

868

Answer:

Total cost= $138,025

Explanation:

Giving the following information:

Fixed costs:

supervisor’s salary $1,600

factory rent $3,700

Mixed costs:

utilities $2,100 + $6.75 per unit

Variable costs per unit:

manufacturing labor wages $23.00

supplies used in production $10.00

packaging cost $3.75

warranty cost $4

Units produced= 2,750

First, we need to calculate the total variable cost:

Total variable cost= 2,750*(6.75 + 23 + 10 + 3.75 + 4)

Total variable cost= $130,625

Now, the total fixed cost:

Total fixed cost= 1,600 + 3,700 + 2,100

Total fixed cost= $7,400

Finally, the total cost:

Total cost= 130,625 + 7,400

Total cost= $138,025

Answer:

Cody Mountain Sports (CMS)

T-accounts:

Cash

Date       Account Titles               Debit    Credit

Mar. 1     Common Stock       $100,000

Mar. 1     Prepaid Insurance                     $1,200

Mar. 4    Service Revenue       20,000

Mar. 19  Vehicle Expenses                       1,000

Mar. 22 Accounts Receivable  3,000

Mar. 24 Rent Expense                            4,000

Mar. 27 Salaries Payable                         1,000

Mar. 31 Cash dividends                          2,500

Accounts Receivable

Date       Account Titles               Debit    Credit

Mar. 15   Service Revenue       $3,000

Mar. 22  Cash                                          $3,000

Prepaid Insurance

Date       Account Titles               Debit    Credit

Mar. 1     Cash                             $1,200

Salaries Payable

Date       Account Titles               Debit    Credit

Mar. 18   Salaries Expense                     $10,000

Mar. 27  Cash                             $1,000

Common Stock

Date       Account Titles               Debit    Credit

Mar. 1     Cash                                       $100,000

Service Revenue

Date       Account Titles               Debit    Credit

Mar. 4    Cash                                         $20,000

Mar. 15  Accounts Receivable                   3,000

Salaries Expense

Date       Account Titles               Debit    Credit

Mar. 18   Salaries Payable        $10,000

Vehicle Expense

Date       Account Titles               Debit    Credit

Mar. 19   Cash                             $1,000

Rent Expense

Date       Account Titles               Debit    Credit

Mar. 24  Cash                             $4,000

Cash Dividends

Date       Account Titles               Debit    Credit

Mar. 31   Cash                           $2,500

Explanation:

a) Data and Analysis:

Mar. 1 Cash $100,000 Common Stock $100,000

Mar. 1 Prepaid Insurance $1,200 Cash $1,200

Mar. 4 Cash $20,000 Service Revenue $20,000

Mar. 15 Accounts Receivable $3,000 Service Revenue $3,000

Mar. 18 Salaries Expense $10,000 Salaries Payable $10,000

Mar. 19 Vehicle Expenses $1,000 Cash $1,000

Mar. 22 Cash $3,000 Accounts Receivable $3,000

Mar. 24 Rent Expense $4,000 Cash $4,000

Mar. 27 Salaries Payable $1,000 Cash $1,000

Mar. 31 Cash dividends $2,500 Cash $2,500

Answer:

The correct order is as follows:

a. Start with beginning account balances.

First start with the opening balances which are the closing balances from the last period.

b. Analyze and journalize transactions as they occur.

Enter transactions into their journals as they occur.

c. Post journal entries to the accounts.  

Post the entries from the journals to the relevant accounts in the company books.

d. Compute the unadjusted balance in each account and prepare the unadjusted trial balance.

Prepare the unadjusted trial balance based on those entries.

e. Enter the unadjusted trial balance on the worksheet and complete the worksheet (optional).

f. Journalize and post adjusting entries.

There might be errors so you would need to adjust the entries and then journalize them.

g. Prepare the adjusted trial balance.

Using these adjusted entries, prepare an adjusted trial balance.

h. Prepare the financial statements.

The adjusted balances will be used to construct financial statements such as the Balance sheet.

i. Journalize and post the closing entries.

Post the closing entries to the books.

j. Prepare the post-closing trial balance.

Then prepare the final trial balance which is also called the post-closing trial balance.

Answer:

no m

Explanation:

Answer: $28000

Explanation:

Based on the information given in the question, the prior service cost amortization for 2020 will be calculated thus:

= (Prior Service Costs / Service Years in Future) x Service Years in 2020

= ($160,000 / 2,000) × 350

= $80× 350

= $28,000

Therefore, the the prior service cost amortization for 2020 is $28000.

Answer:

Washington's net pay was $ 2,564.28.

Explanation:

Given that Steven Washington's weekly gross earnings for the week ending March 9 were $ 3,340, and her federal income tax withholding was $ 567.80, assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, to determine what is Washington's net pay the following calculation must be performed:

(3,340 - 567.80) x (1 - 0.06 - 0.015) = X

2,772.2 x 0.925 = X

2,564.28 = X

Therefore, Washington's net pay was $ 2,564.28.

Answer:

$16,180.08

Explanation:

Present value can be calculated using a financial calculator

Cash flow from year  1 to 6 = 3500

i = 8%

pv = $16,180.08

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

Answer:

the name of the brand.

Explanation:

Marketing mix can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets (customers) so as to build and maintain a desired response.

Generally, a marketing mix is made up of the four (4) Ps;

1. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing, etc.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Products: this is typically the brand name, goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

In the context of a marketing mix, the product includes the name of the brand.

Answer:

Point A

Explanation:

The supply curve given above shows the correlation between the cost of goods (on the vertical axis) and quantity of goods supplied (on the horizontal axis).

From the graph, we can see that as the price of the goods increases, the quantity that is supplied in pounds also increases, and vice versa.

The lowest price correlates with the lowest quantity supplied. Therefore, at point A on the graph, we have the lowest quantity supplied of goods.

Answer:

a. Total weighted score:

This is a weighted average of the supplier scores in various categories.

Supplier A

= ∑(Weight of category * rating in category)

= (37% * 3) + (28% * 2) + (20% * 3) + (15% * 1)

= 2.42

Supplier B

= (37% * 3) + (28% * 4) + (20% * 2) + (15% * 4)

= 3.23

Supplier C

= (37% * 4) + (28% * 3) + (20% * 3) + (15% * 3)

= 3.37

b. Based on the ratings, Supplier C appears to be the best.

Answer:

Your total lottery winnings are actually worth __$10,000____________ more than the same amount as less than ​$20,000 to you today.

Explanation:

My total worth today is $ 10,000

My present worth today is less than $20,000  by $10,000

Hence, the lottery amount is more than by amount X which is equal to the difference between $20,000 and My total worth in present times

$20,000 - $10,000 = $10,000

Answer:

Below is the required solution.

Explanation:

How can companies influence the crisis in jobs and skills? Nearly 80 case studies show three areas in which businesses can take the lead:

Eight factors that can make programmes and practises more effective also emerge from case studies.

Answer:

$2,320

Explanation:

Calculation to determine what amount of salaries earned but unpaid at the end of the accounting period is:

Ending salaries earned but unpaid=$2,900-$580

Ending salaries earned but unpaid=$2,320

($2,900-580)

Therefore the amount of salaries earned but unpaid at the end of the accounting period is: $2,320

Answer:

b. the purchase of an aircraft carrier by the federal goverment - purchase of a final good.

c. the purchase of frenche wine by a U.S. consumer - purchase of a final good.

d. the purchase of a new airliner by American Airlinesa - purchase of a final good.

Explanation:

A final good is a good that is consumed directly by consumers

Purchase of final good can be classfied into :

Consumption spending includes spending by households on goods and services. Consumption spending includes :  

spending on durables - e.g. laptop  

spending on nondurables - e.g. clothes, food

spending on services  - e.g. payment of hospital bill  

the purchase of french wine is an example of consumption spending on nondurable goods

Investment - It includes purchases of goods and services made by businesses in the production of goods and services

the airplane purchased by the airline would be used to provide services for airline customers.  

Government spending - It includes government consumption expenditure and gross investment.  Consumption spending includes spending by households on goods and services. Consumption spending includes :  

spending on durables - e.g. laptop  

spending on nondurables - e.g. clothes, food

spending on services  - e.g. payment of hospital bill  

the purchase of a textbook by a student is an example of consumption spending on durable goods

Investment - It includes purchases of goods and services made by businesses in the production of goods and services

the airplane purchased by the airline would be used to provide services for airline customers.  

Government spending - It includes government consumption expenditure and gross investment.  The purchase of a new  limousine for the president is an example of consumption expenditure

An intermediate good is a good that is used in the production of the final good. e.g. tthe purchase of wheat from a wheat farmer by a bakery would be used to make pastries.

Answer:

Missed project deadlines

Explanation:

From the question, we are informed about Carlos, who is the HR Director of a large paper manufacturing company, is studying the company's turnover costs. He has accounted for most of the easily calculable costs, but he is concerned about the hidden costs of turnover. Given this information, the most likely a cause of concern for Carlos is Missed project deadlines.

Project deadlines can be regarded as

final time point which is needed for a given project to be done as well as the submission of handing over. It is been

characterized as desired time-frame set for a project as well as links initial time expectations for the project to be

produced in a timely manner.

Answer:

Protest

Explanation:

She/he will protest because there was a problem or what i think so

Answer:

Strike.

Explanation:

Strikes, also known as the workers strike, the labor strike or simply a strike, are the result of the mass rejection of workers. In response to grievances from employees usually, a strike takes place. Strikes became more common during the Industrial Revolution when mass work in factories and mines became important. The strike action was quickly illegalized in most countries, with factory owners having much more power than workers. In the late 19th or early 20th centuries, most Western countries partly legalized striking.

Industrial action is a temporary sign of employee discontent — particularly a strike or slowdown or rule-by-commonwealth — protesting against bad working conditions or low pay and increasing the negotiating capacity with the employer and aimed at forcing the employer to improve them through reduced productivity at a workplace

Answer:

✓ Do not panic

✓ ask your employer for a honest feedback

✓Initiate a conversation in a neutral setting with your boss

✓Don't trust everything your boss says

✓Do your best work possible

✓Step up your game

✓Keep your boss and others in the loop

Answer:

Following are the solution to the given points:

Explanation:

For point a:

After-tax profit for each country.

For Country X:

[tex]Particulars \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Amount(\$)\\\\Gross \ \ Revenue\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,000,000\\\\ Operating\ \ Expenses \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,500,000\\\\ Pre-tax \ \ Profit \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2,500,000 \\\\[/tex]  

[tex]Tax \ [ 2,500,000 \times 20\% \ ] \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 500,000\\\\ After-tax\ \ profit\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2,000,000[/tex]

For Country Y:

[tex]Particulars \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Amount(\$)\\\\Gross \ \ Revenue\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,000,000 \\\\Operating\ \ Expenses \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,800,000\\\\[/tex]

[tex]Pre-tax\ \ Profit \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2,200,000\\\\Tax\ [40,00,000 \times 10\%] \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 400,000 \\\\After-tax\ \ profit \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,800,000[/tex]

For point b:

For Country X:

Lardo is expected to establish its new plant in Country X, because Country X's after tax income is higher than Country y's after-tax income [$1,800,000].

Answer:

a. The normal project length is 36 weeks.

b. The critical path in this project is A-C-E-F.

c. The activity that you choose to crash first to reduce the duration of the project by one week is E because it has the least expediting cost/week amongst A, C, E, F.

d. The project length if all activities are crashed to their minimum is 23 weeks.

e. The slack for activity D is 5 weeks.

Explanation:

a) The normal length of the project = completion time of last activity = 36 weeks.

b) The criteria for critical activity:

[tex]LC_{i} = ES_{i} ,\\LC_{j} = ES_{j} ,\\[/tex]

[tex]ES_j - ES_i = LF_j - LF_{i} =[/tex] duration of the activity

where ES = Earliest start time, EF = Earliest finish time , LC = latest completion time, LF = latest finish time ,

The suffix- i refers to the preceding node, suffix-j refers to the succeeding node.

activities satisfying above all criteria are A, C, E, F

therefore critical path is A-C-E-F.

c) To reduce the project duration by 1 week. we should choose to crash among critical activities A, C, E, F. thus we choose to crash activity E because it has the least expediting cost/week amongst A, C, E, F.

d) if we crash all the activities to their minimum, then the project length = sum of crash time of all critical activities

= [6 + 10 + 6 + 1]

= 23 weeks.

e) The slack of activity d = LS - ES = 34 - 29

= 5 weeks

The critical path is given in the diagram,

Answer:

Explanation:

An overstated opening inventory would overstate Cost of Goods sold. The overstatement should therefore be removed from the Cost of goods sold.

An overstated closing inventory would understate Cost of Goods sold. The overstatement should therefore be added to the Cost of Goods sold.

Adjusted Cost of Goods sold 2020 = Cost of Goods sold + 2020 ending inventory - 2019 opening inventory

= 1,290,700 + 32,910 - 116,750

= $1,206,860

Adjusted Retained earnings

The retained earnings would have to be adjusted for the overstatement of the current inventory by $32,910 because this understated Cost of Goods sold.

= Retained earnings - Overstatement of inventory

= 4,708,100 - 32,910

= $4,675,190

Explanation:

Jzbskbeks boy The New York Times New Roman yor

Answer:

The term impact is used to express the immediate result of or original imposition of the tax. The impact of a tax is on the person on whom it is imposed first. Thus, the person who is Habile to pay the tax to the government bears its impact. The impact of a tax, as such, denotes the act of impinging.

Explanation:

Answer:

a. the owners of the firm also manage the firm

Explanation:

In domain of supply chain management and economics principal–agent problem can be regarded as one that occur when single person or an entity stand in the position of making decisions or in position of taking actions on behalf of another person/ entity Instance of this is real-life example where the way that companies are been owned and been operated. The owners of the company i.e "principal" of the company will be the one to elect a board of directors.

It should be noted that the principal-agent problem arises when the owners of the firm also manage the firm

Answer:

The amount that is deductible as interest expense for Renee in 2021 is:

= $4,000.

Explanation:

a) Data:

Home mortgage - $110,000

Interest on home mortgage = $4,000

Home equity loan for a cruise around the world = $130,000

Interest on the home equity loan = $8,000

Deductible interest expense for Renee in 2021 is $4,000

b) Usually, the interest expenses that a taxpayer pays on her home equity loan to enjoy a cruise around the world, on personal credit card, on automobile loan, and on other types of personal consumer finance interests are not tax-deductible.

Answer: A. Higher

B. The implication for Beta Co. is that because of its lower ROI, its ability to raise capital will be reduced.

Explanation:

a. What would you expect Alpha’s ROI to be relative to the ROI of Beta Co.? Explain your answer.

In this case, Alpha’s ROI to be relative to the ROI of Beta Co. will be higher. Since Alpha's investment cost is lower when compared to that of ‘Beta Co. while both companies have thesame operating income, then the return on investment of Alpha will then be higher than that of Beta due to the lower investment cost that Alpha incurred.

b. What are the implications of this ROI difference for a firm seeking to enter an established industry?

The implication for Beta Co. is that because of its lower ROI, its ability to raise capital will be reduced.

Answer:

u r answer

Explanation:

Marketing information and research address the need for quicker, yet more accurate, decision making by the marketer. These tools put marketers close to their customers to help them understand who they customers are, what they want, and what competitors are doing.

Answer: accommodate changes in activity levels.

Explanation:

A flexible budget is refered to as the budget which changes based on the actual activity. It accommodate changes in activity levels.

It is the budget which is allowed to be adjusted as a result of the change in the assumptions that's used in the creation of the budget during the planning process of the management.

Answer:

accommodate changes in activity levels. is the correct choice.

Explanation:

Flexible budgets Group of answer accommodate changes in activity levels.

Answer: 770,000

Explanation:

Assuming materials are entered at the beginning of the process, the equivalent units materials will be:

Beginning work process = 40,000 units

Started into production = 730,000 units

Then equivalent units materials will be:

= 40000 + 730000

= 770000

Answer:

$2.08

Explanation:

First calculate the price of the bond

Price of the bond = [ ( 1000 x 8% x 6/12 ) x ( ( 1 - ( 1 + (7.5%x6/12) )^-(5x2) )/(7.5%x6/12) ] + { 1000 / (7.5%x6/12) ]

Price of the bond = $1,020.53

Now calculate the premium

Premium on the bond = Price of the bond - Face value of the bond = $1,020.53 - $1,000 = $20.53

Now prepare the amortization schedule to calculate the premium amortization in 6th payment.

The amortization schedule is attached with this answer please find that.

Hence, In the sixth payment the premium amortization is $2.08

Answer:

yeah everyone mother yelled every child for their life