Accrual accounting is a superior predictor of company performance compared to the statement of cash flows. True False

Answers

Answer 1

Answer:

True?

Explanation:

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Related Questions

The demand curve for the product of a firm in a competitive market is ________, and the demand curve for the product of a monopolist is ________.

Answers

Answer:

horizontal; downward sloping are your answers. :)

Cycle Wholesaling sold merchandise on account, with terms n/60, to Sarah's Cycles on February 1 for $1,250 (cost of goods sold of $725). On February 9, Sarah's Cycles returned to Cycle Wholesaling one-quarter of the merchandise from February 1 (cost of goods returned was $195). Cycle Wholesaling uses a perpetual inventory system, and it allows returns only within 15 days of initial sale. Required:

Answers

Answer:

1. 1-Feb

Dr Accounts receivable 1,250

Cr Sales revenue 1,250

2 . 1-Feb

Dr Cost of goods sold 725

Cr Inventory 725

3. 9-Feb

Dr Sales revenue 312.50

Cr Accounts Receivable 312.50

4. 9-Feb

Dr inventory 195

Cr Cost of goods sold 195

5. 2-Mar

Dr Cash 937.50

Cr Accounts receivable 937.50

B. Gross profit percentage=43.47%

Explanation:

A. Preparation of the journal entries to record sales , goods return on February 9 and Cash collected on March 2

1 to 3 Preparation of the journal entries to record sales

1. 1-Feb

Dr Accounts receivable 1,250

Cr Sales revenue 1,250

2 . 1-Feb

Dr Cost of goods sold 725

Cr Inventory 725

3. 9-Feb

Dr Sales revenue 312.50

Cr Accounts Receivable 312.50

(1/4*1,250)

4. Preparation of the journal entry to record goods return on February 9

9-Feb

Dr inventory 195

Cr Cost of goods sold 195

5. Preparation of the journal entry to record collected on March 2

2-Mar

Dr Cash 937.50

Cr Accounts receivable 937.50

(1,250-312.50)

B. Calculation for the gross profit percentage for sales to Sarah's Cycles

First step is to find the gross profit

Net sales 937.50

Less Cost of goods sold (530)

(725-195 )

Gross profit 407.50

Now let calculate the Gross profit percentage using this formula

Gross profit percentage = Gross profit/Sales

Let plug in the formula

Gross profit percentage=407.50/937.50

Gross profit percentage=0.4347*100

Gross profit percentage=43.47%


The percentage of total workers who are out of work but seeking jobs and
willing to work is known as the
_______ rate.

Answers

Answer:

its either labor force participation rate or unemployment rate.

since he is still seeking a job, this leads me to believe that it is the labor force one, but to get the labor force participation rate you need the employed and the unemployed.

Explanation:

As Lululemon is traditionally a yoga apparel company and Lululemon educators are viewed as educators, performance of yoga poses are included in the selection process. This is an example of




a. Reference checking



b. Application



c. Training



d. Recruitment



e. Testing

Answers

The process of checking for the performance of yoga poses by Lululemon is known as e. Testing.

What is testing?

This is a process by which a prospective employer checks to make sure that a prospective employee can do the job.

In checking the yoga poses of people they want to hire, Lululemon is testing to see if the person can be a good educator that would represent the company well.

In conclusion, option E is correct.

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As more of a product is consumed, total utility ______ at a diminishing rate, reaches a maximum, and then ______.

Answers

The law of diminishing marginal utility states that as consumption increases, the marginal utility derived from each additional unit declines. Hence, it increases then decreases.

As more of a product is consumed, total utility increases at a diminishing rate, reaches a maximum, and then decreases.

What Is Total Utility?

Total utility is the total amount of satisfaction or fulfillment that a consumer gets through the consumption of a specific good or service.

Therefore, the answers are it increases then decreases.

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What factors are used to judge if consideration is adequate to ensure a fair bargain?.

Answers

1. Promises must be made with voluntary consent.
2. Promises exchanged may not be a preexisting duty.

A business that does not need a full-time accountant, would most likely use a ______ accountant in which services are exchanged for a fee.

Answers

The business would most likely use a public accountant in which services are exchanged for a fee.

Who is an accountant?

An accountant is a professional who is responsible for keeping and interpreting financial records.

A public accountant works for a public accounting firm that performs auditing, tax, consulting and accounting services for other businesses in exchange for a fee.

Hence, the business would most likely use a public accountant in which services are exchanged for a fee.

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It is important for an organization's implicit and explicit communication to send the same message.
True
False

Answers

Answer: Yes

Explanation: its to help Get a message Across. And Btw hope this helps im not good at explaining

Which organization enforces the legal requirement that employers provide a
workplace free of recognized hazards?
O A. U.S. Congress
B. Occupational Health and Safety Administration
C. U.S. Labor Department
D. Consumer Product Safety Commission

Answers

Answer: B. Occupational Health and Safety Administration

Explanation:

The Occupational Safety and Health Act of 1970 created OSHA, which sets and enforces protective workplace safety and health standards. There are OSHA standards for construction, agriculture, maritime and general industry. Employers also must comply with the General Duty Clause of the OSH Act, which requires them to keep their workplaces free of serious recognized hazards.

Occupational Health and Safety Administration organization enforces the legal requirement that employers provide a workplace free of recognized hazards. Thus, option (b) is correct.

What is organization?

The term “organization” refers to the structure and hierarchy of the workplace, as well as the shared objectives of its participants. The word “organization” is primarily used in the workplace and in business contexts. An organization is based on management without management is not the proper functioning of the organization.

The Occupational Health and Safety Administration enforces the legal requirement that companies offer a workplace free of identified dangers. It was modeled after the 1970 Act. The employees' working conditions are free, and the organization pays the employees' medical expenses.

Therefore, option (b) is correct.

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Prepare journal entries to record the following transactions entered into by the Valente Company: (Credit account titles are automatically indented when the amount is entered. Do not indent manually. ) 2020 June 1 Received a $10,000, 12%, 1-year note from Andrea Foley as full payment on her account. Nov. 1 Sold merchandise on account to Patton, Inc. For $12,000, terms 2/10, n/30. Nov. 5 Patton, Inc. Returned merchandise worth $500. Nov. 9 Received payment in full from Patton, Inc. Dec. 31 Accrued interest on Foley's note. 2021 June 1 Andrea Foley honored her promissory note by sending the face amount plus interest. No interest has been accrued in 2021

Answers

The Journal entries are prepared for Valente Company.

1. Date    Accounts and Explanation               Debit                        Credit

2020 June 1   Notes Receivable                    $10,000  

       To Andrea Foley                                                                       $10,000

(Being notes receivable is recorded)

2. Date    Accounts and Explanation               Debit                        Credit

    Nov. 1                      Patton, Inc.                    $14,000                                                                

   To Inventories                                                                               $14,000

(Being inventory is recorded)

3.Date    Accounts and Explanation               Debit                        Credit

                       Inventories                               $500

                        Patton, Inc                                                                    $500

(Being inventory is recorded)

4..Date    Accounts and Explanation               Debit                        Credit

           Cash                                                   $11,270

       Discount                                                    $ 230

  To Barlow                                                                                   $11,500

(Being cash received is recorded)

Patton, Inc invoice transactions:

12,000   invoice nominal

- $500  returned goods

$11,500.   amount subject to discount of 2%

- 230 discount as collected within first ten days

11,270cash proceeds

6.Date    Accounts and Explanation               Debit                        Credit

            Cash                                              $12,600

          To Interest revenue                                                              $600
       ($12,000 × 12% × 5 ÷ 12)

           To Notes receivable                                                        $12,000

(Being cash received is recorded)

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When a private company wants to offer stock on the stock market, they go through the _______ process.

Answers

Answer:

Initial Public Offering

Explanation:

An initial public offering or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also retail investors.

The ______ theories of international trade predict that free trade allows countries to specialize in producing goods and services that they are most efficient at producing, and unrestricted free trade encourages this specialization.

Answers

Heckscher-Ohlin model theory predict that free trade allows countries to specialize in producing goods and services that they are most efficient at producing.

What is Heckscher-Ohlin model all about?

The Heckscher-Ohlin model theory can be regarded as one that explain that economic that countries do export what they can most efficiently and plentifully produce.

This theory explain that this production of theses goods aids specialization.

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Farr Company purchased a new van for floral deliveries on January 1, 2021. The van cost $56,000 and has an estimated life of five years and $14,000 salvage value at the end of its useful life. The double-declining-balance method of depreciation will be used. What is the balance of the Accumulated Depreciation account at the end of 2022?

Answers

Answer:

$15,120

Explanation:

Dec 2021 Depreciation ($56,000 - $14000) / 5 = $8400

Dec 2022 Depreciation ($56,000-$8400 - $14000) / 5 = $6720

Accumulated Depreciation = $8400 + $6720 = $15,120

Antonio, the president, says, "The top priority is getting money to hire trainers and consultants. " He laughs: "If we don't get some money in the door, we won't be able to run the lights and scoreboard, either!" He looks at you and says, "I'm counting on you personally to bring in the largest sum, $10,000, okay? I'll make sure your efforts get noticed back at the office. " As you nod tentatively, wondering how you're going to obtain such a large sponsorship, you're reminded that Antonio is your manager at a brokerage firm

Answers

The response to whether Antonio is displaying leadership or power in this meeting is A) Antonio is reminding you that you are dependent upon him in your work life.

Antonio is reminding you that you are dependent upon him in your work life so you will make certain to obtain $10,000 for the team.

This implies that Antonio is displaying power combined with leadership. In leadership jargon, this is known as an influence.

What is an influence in leadership?

Influence is a core skill in leadership.  

Influence in leadership means the ability to affect the behavior of followers in a particular direction by leveraging key tactics that:

InvolveConnectInspireDeliver results.

Without influence, a leader lacks the ability to impact the behaviors, attitudes, opinions, and choices of the followers.

Question completion with answer options:

Is Antonio displaying leadership or power in this meeting? Select an option from the choices below.

A) Antonio is reminding you that you are dependent upon him in your work life so you will make certain to obtain $10,000 for the team.

B) Antonio is simply making assignments and offering to help you out back at your workplace Leadership.

C) Antonio knows that you're the best person to raise the funds needed and he's supportively recognizing your ability to the group.

Thus, Antonio is displaying power combined with leadership, which is regarded as an influence in leadership circles.

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A baseball enthusiast carried out a simple linear regression to investigate whether there is a linear relationship between the number of runs scored by a player and the number of times the player was intentionally walked. Computer output from the regression analysis is shown.

Answers

From the output in this linear regression, the best appropriate test statistic for the question is t= 0.50/0.037.

What is a test statistic?

This is a statistical number that is usually gotten from the statistical testing of a research hypothesis.

The test statistic in this question is gotten by

t = Estimate/SE

SE = standard error

t =  0.50/0.037

Complete question:

A baseball enthusiast carried out a simple linear regression to investigate whether there is a linear relationship between the number of runs scored by a player and the number of times the player was intentionally walked. Computer output from the regression analysis is shown.

Let β represent the slope of the population regression line used to predict the number of runs scored from the number of intentional walks in the population of baseball players. A t-test for a slope of a regression line was conducted for the following hypotheses.

H0:β=0

Ha:β≠0

What is the appropriate test statistic for the test?

answer choices

t = 16/2.073

t = 16/0.037

t = 0.50/0.037

t = 0.50/2.073

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Although OSHA had not set down specific
regulations governing the matter, a large
retailer was fined when its employee was
trampled to death after opening the store's
doors for the Black Friday sale. Given there
were no regulations in place, what part of
che OSH Act had the retailer violated?

Answers

The part of the OSHA regulations that the retailer violated was the "Crowd Management Safety Guidelines for Retailers."

What are OSHA regulations?

OSHA regulations are workplace regulations aimed at ensuring the safety of persons, visitors, and workers against physical, biological, or chemical harm.

OSHA regulations are important to workplace safety.  In the absence of clear OSHA regulations, the department issues guidelines.

Thus, the part of the OSHA regulations that the retailer violated was the "Crowd Management Safety Guidelines for Retailers."

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Like many other companies, Robert Mondavi Winery uses _____ to systematically compare the actual performance of each employee with his or her expected performance.

Answers

The Robert Mondavi Winery organization uses performance appraisals to compare each employee's actual performance with expected performance.

What is performance appraisal?

It is a systematic review and evaluation of an employee's performance in relation to their roles in a company. It is used to determine the development of each employee and to generate rewards for the best performing employees.

Therefore, performance evaluation is a measurement instrument, helping to make decisions related to the need for training and motivation of employees.

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Vladimir is tasked with designing a mobile website for his company. Since the company already has a website, he uses responsive technology to transform the existing site into a mobile one. He then makes sure that all of the content on the mobile site is short and minimalistic to encourage faster loading times. Some parts of the site need to be zoomed out while others need to be zoomed in, and the site is designed so that users can pinch the screen to change between the two. Finally, several geolocation technologies are integrated into the mobile site. Which of the following BEST describes a strategic error in Vladimir’s website design?
A. Vladimir shouldn’t have sacrificed richer content for faster loading times.
B. Vladimir shouldn’t have incorporated location-specific information into the site.
C. Vladimir shouldn’t have depended on the site’s users to do any pinching.
D. Vladimir should have made the mobile site from scratch instead of converting a desktop site.

Answers

Answer: Vladimir shouldn’t have depended on the site’s users to do any pinching.

Explanation:

A surveyor asked 200 residents of a town with a population of 10,000 on whether they participate in any sports leagues sponsored by the Parks and Recreation Department. 75 people answered "yes" to the question. How many people would be expected to answer "yes" given the entire population was surveyed? Enter your answer in the box. People.

Answers

The total number of the people who answered yes in the entire population he surveyed is 7,500 people, on the basis of the 200 people among the 10,000 people.

What is the population?

The term population is generally used to refer to the total number of people in the world today. It simply means the total of people occupying an area or making up a whole.

Example: In November 2021, it was anticipated to have surpassed 7.9 billion.

According to the given information,

Total  Population in a town = 1000 people

Survey taken = 200 people

If among the survey of 200 residents, 75% peoples agreed to take part in the sports leagues, Then among the population of 10,000 people. People who agreed to take part in the sports leagues are:

[tex]200\text{Rescience} \times75\% = 150\text{Peoples}\\[/tex] ,

Then, if among 200 people, 150 peoples participate in the sports league, then among the population of 10,000 people, 7,500 people participated in the sports league.

Therefore, the estimation of 7,500 people would expect the answer yes for the sports league from the entire population.

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Aggregate planning for services differs from manufactured goods because Select one or more: a. services cannot be inventoried. b. demand for services is difficult to predict. c. goal of services is to maximize revenue and profit d. capacity is difficult to predict for services. e. service companies can easily adjust prices to respond to demand levels

Answers

Agregate planning for services differs from manufactured goods because  demand for services is difficult to predict. Option B is correct.

What is aggregate planning for services?

This is the part of a businesses operational schedule that has to do with the following:

DevelopingMonitoringSustainance

Aggregate planning helps to generate a plan for the levels of inventory in a business.

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If an advertising business buys new computers for its employees, how might its productivity of labor be affected?.

Answers

labor will be very ineffective because , there has to be an adjustment to the new technology and which may slow the individual labors in question.

In a competitive market, supply and demand decide wages. A rise in supply or a fall in demand will raise the equilibrium wage. The equilibrium wage will decline if supply or demand fluctuates.

What impact of advertising business on labor productivity?

These commercials also convey the company's expectations for employee conduct. Employees may become confused, disgruntled, and stressed if these expectations conflict with the company's operational practices.

Companies invest in advertising because it boosts sales of already-popular products, fosters the adoption of novel products, fosters brand loyalty, and deters customers from buying from rivals.

Therefore, labor will be very ineffective because , there has to be an adjustment to the new technology and which may slow the individual labors in question.

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WILL MARK BRAINLIEST What goods and services do the medical/business course department purchase?

Answers

Answer:

They buy a variety of things including but not limited to, drugs, equipment, etc.

The __________ doctrine states that employers have as much right to fire workers as the workers have to leave the company voluntarily.

Answers

It’s employment at will

People who use the business plan include all of the following EXCEPT:

a) Management team

b) Investors

c) Customers

d) The entrepreneur

Answers

Answer:

I think Management team

Answer: customers

Explanation

Production and technology of Sole Proprietorship

Answers

Answer:

Owners are fully liable. If business debts become overwhelming, the individual owner's finances will be impacted. ...

Self-employment taxes apply to sole proprietorships. ...

Business continuity ends with the death or departure of the owner. ...

Raising capital is difficult.

Explanation:

Direction: Design your own financial transaction worksheet and indicate the effect of each transaction below using the balance sheet equation. After each transaction is properly recorded, compute new subtotals for the Assets, Liabilities, and Owner’s Equity.

Studio Co

Nikkita Co, a veteran photographer, opened a studio for her professional practice on July 1 Transactions completed during the month follows:

July

1

-

Deposited P146, 200 in a bank account in the name of the business, Studio Co



2

-

Bought new photography equipment on account from Canon, Equipment, P71, 210



3

-

Invested personal photography equipment into business, P51,620.



7

-

Paid office rent for the month, P5,500



8

-

Bought photography supplies for cash, P7, 960.



15

-

Paid premium for insurance cover on photography equipment, P1, 240



16

-

Received P8,960 as professional fees for services rendered.



20

-

Paid salary of part-time assistant, P6,000



21

-

Received and paid bill for telephone service, P640



24

-

Paid Canon Equipment part of the amount owed on the purchase of photography equipment, P4,200



26

-

Received P15,480 as professional fees for service rendered



29

-

Paid for minor repairs to photography equipment, P760



31

-

Co withdrew cash for personal use, P9,600

Answers

Answer: What's going on.

What accounts are affected.

How are they affected

Does the balance sheet balance.

Does the analysis make sense

Explanation:

how many t i k t o k followers do i have alexaasalvatore ill give brainliest

Answers

Answer:

12.1 k

Explanation:

Answer:

i think around 12.1

Explanation:

For a risk-free return rate of 5%, a market risk premium of 6%, what is the required rate of return for a security with a beta coefficient of 1. 5? 5% 9% 14% cannot be determined -Select- 2. Changing the risk-free return (inflation) Changes neither the y-intercept nor the slope of the security market line Changes only the y-intercept of the security market line Changes only the slope of the security market line Changes both the y-intercept and the slope of the security market line -Select- 3. Changing the market risk premium Changes neither the y-intercept nor the slope of the security market line Changes only the y-intercept of the security market line Changes only the slope of the security market line Changes both the y-intercept and the slope of the security market line -Select- 4. True or False: If a company's beta doubles, its required return doubles. True False

Answers

The required rate of return for a security with a beta coefficient of 1. 5 is 14%.

Changing the risk-free return (inflation) changes only the y-intercept of the security market line.

Changing the market risk premium changes only the slope of the security market line.

When the beta of a stock doubles, the required return does not double.

What is the required return?

The required return can be determined using the capm.

According to CAPM:

Required return = risk free + (beta x market premium)

5% + 1.5(6) = 14%

What is the change in required return when beta doubles?

Assume the beta of the above stock doubles, requried retrun becomes:

5% + (3 x 6) = 23%

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The research and development division of a company has recently designed a new coffee vending machine that is likely to sell very well in the market. It is compact, user-friendly, and provides unprecedented efficiency in terms of cost per cup. Consequently, the company fears that its competitors would soon mimic the design of its product. To protect its product, the company is now seeking a

Answers

In order to prevent competitors rom mimicing the design of the product, the company is seeking a patent.

What is a patent?

Patents are a right granted to an inventor of a product or design to exclusively sell a product for  period of time. The time frame is usually 20 years.

During this period, competitors are not allowed to make, use or sell the invention. A patent should be amortized over the shorter of the inventor's life or its economic life.

Types of patents include:

utility patentsdesign patentsplant patent

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Two people, each of whom has two children, are getting married, and they are buying a house together. They ask the real estate professional for advice about how to take title. What advice should the real estate professional offer

Answers

Suggesting that they consult with an attorney is the most appropriate advice which the real estate professional should offer.

Who is an Attorney?

This is a professional who practices law and is usually involved in real estate matters through documentation of transfer of ownership.

The transfer of ownership helps to prevent issues in the future and shows the land was legally acquired which is why Attorney is the most appropriate choice.

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