Answer:
An account is maintained for each financial statement item, whereas a(n) general ledger contains all of the accounts of the company.
Explanation:
Financial statements refers to a statement that that provides formal records of all financial activities and standing of a company or any entity in a structured and easily understandable manner.
For each item of financial statement, an account is kept with the aim of giving a an accurate record of all business activities that are germane to that specific financial statement item.
The purpose of a general ledger is to show individual transactions and resulting account balance of each account of a company as a single collection.
Therefore, an account is maintained for each financial statement item, whereas a(n) general ledger contains all of the accounts of the company.
Ultimate Sportswear has $100,000 of 8% noncumulative,nonparticipating,preferred stock outstanding.Ultimate Sportswear also has $500,000 of common stock outstanding.In the company's first year of operation,no dividends were paid.During the second year,the company paid cash dividends of $30,000.This dividend should be distributed as follows:_________
A) $8,000 preferred;$22,000 common.
B) $16,000 preferred;$14,000 common.
C) $7,500 preferred;$22,500 common.
D) $15,000 preferred;$15,000 common.
E) $0 preferred;$30,000 common.
Answer:
$8,000 preferred; $22,000 common
Explanation:
Ultimate sportswear has $100,000 of 8% noncumulative stock, preferred outstanding stock
They also have $500,000 of common stock outstanding
The company made a cash dividend payment of $30,000
Therefore the preferred stock dividend and common stock dividend can be calculated as follows
Preferred stock dividend
=$100,000×8/100
= $100,000×0.08
= $8,000
Common stock dividend= $30,000-$8,000
= $22,000
Hence the preferred stock dividend is $8,000 and the common stock dividend is $22,000
The medium price of a product is determined by a. competitors' price ± fudge factor. b. the customer's willingness to pay. c. the product's popularity. d. cost + markup.
Answer:
The correct option is;
a. Competitors's price + Fudge Factor
Explanation:
Product pricing consideration involve considering prices that are either high, medium range or low priced which make up the high end, middle, and low price pricing strategies
The high end pricing strategy involves finding out the amount the consumer is willing and has capacity to pay for and fixing the price at that range
The low price, pricing strategy is cost based with addition of an extra amount above the calculated cost
The medium pricing strategy is based on the competitive pricing, whereby the basis of pricing is the price of the competing product and the price of the product is the competitors price plus or minus a Fudge factor.
The competitors' price plus fudge factor determines the medium price of a product.
The medium price refers to the average price which is fixed and acceptable for exchange of goods/services produced by a firm.
The Fudge factor refers to level of amount by which a budget has been adjusted to make it seem acceptable. So, its plays a big role in determination of the average price for a product.The price of similar goods/services offered by the competitors also determines the medium price because the firm will not want to be at disadvantage in the market because of higher price levelTherefore, the Option A is correct because the competitors' price plus fudge factor determines the medium price of a product.
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Being less dependent on suppliers and making profits on both parts and the final product are advantages of:_______.
Answer: Vertical integration
Explanation:
vertical integration is simply a situation whereby an organization's or company's supply chain is owned by that organization or company.
Therefore, being less dependent on suppliers and making profits on both parts and the final product are advantages of vertical integration.
Bob leased an apartment for three years from the Steiners. He was never late on his rent in those three years, kept the apartment immaculate, and never caused a moment of trouble. He has recently purchased his first home and moved out of the apartment. As expected, Bob gave the Steiners sixty days’ notice he would be moving and left the apartment in perfect condition. It has been 45 days since he moved out and he's been watching for his security deposit refund to purchase a new sofa. When should he expect his security deposit refunded?
Answer:
The remaining part of the question is:
When should he expect his security deposit refunded?
1. If there had been no damage or cleaning required, which seemed highly unlikely in Bob’s case, the landlord should have refunded his security deposit within 21 days of Bob’s vacating the property.
2. If there had been no damage or cleaning required, which seemed highly unlikely in Bob’s case, the landlord should have refunded his security deposit within 30 days of Bob’s vacating the property.
3. If there had been no damage or cleaning required, which seemed highly unlikely in Bob’s case, the landlord should have refunded his security deposit within 14 days of Bob’s vacating the property.
4. None of the Above.
Correct Answer:
1. If there had been no damage or cleaning required, which seemed highly unlikely in Bob’s case, the landlord should have refunded his security deposit within 21 days of Bob’s vacating the property.
Explanation:
According to the tenancy agreement which is binding between landlords and tenants, the most logical time fora tenant to be refunded his deposit would be within 21 days of exiting the apartment. Especially, if there has been no damage on the said apartment whatsoever.
Which of the following statements is true? The Medicaid program cover everyone below the poverty line Government health insurance programs are limited to low-income Americans Almost half of medical care costs in the U.S. is paid by government The Medicare program runs a surplus
Answer:
C). Almost half of medical care costs in the U.S. is paid by the government.
Explanation:
The second statement that asserts a true claim regarding the funding of medical care in the United States. The federal government in total funds 65% of the funds spent on Medicaid and around 80+% for CHIP(Children's healthcare program). Nearly 18% of GDP is spent by the federal government on funding the expenditures incurred on health care as it is highly concerned about the health of its citizens as a healthy state can only be the leading and the most powerful one. Last year, around 1.2 trillion dollars were spent on the healthcare budget and the goals are to reach higher. Thus, this statement asserts a true claim and hence, option C is the correct answer.
Tools like Hootsuite Amplify can make running an employee advocacy program easier by allowing you to ______________.
Answer:
The answer is below
Explanation:
Tools like Hootsuite Amplify can make running an employee advocacy program easier by allowing you to perform all of the following:
1. monitor metrics like most shared content or most active advocate
2. deliver company news daily content that can be shared to advocates social networks with a single tap
3. give advocates daily updates of relevant new articles that they should share
4. monitor program participation
Religuard is a pharmaceutical company that has factories in Taiwan. Due to environmental regulations in the country becoming stricter, Religuard has had to shut operations at three of its five manufacturing units. Which of the following forces of change had a role to play in the shutting down of these units?
A. market changes
B. social and political pressures
C. managerial behavior
D. technological advancements
E. demographic characteristics
Answer:
B. social and political pressures
Explanation:
The forces that forced Religuard to shut down most of its manufacturing units are social and political pressures. This is simply forces created by social and political events occurring in the geographical location of the units in question. Some examples of these forces are changes in laws, climate change concerns in the population, protests, etc. In this scenario, the forces affecting the company are changes in environmental regulations.
Red Barchetta Co. paid $27,860 in dividends and $28,815 in interest over the past year. During the year, net working capital increased from $13,698 to $18,419. The company purchased $42,880 in fixed assets and had a depreciation expense of $17,165. During the year, the company issued $25,200 in new equity and paid off $21,280 in long-term debt. What was the company's cash flow from assets?
Answer:
the company's cash flow from assets is - $42,880.
Explanation:
Cash flow from assets is also known as cash flow from investment activities.
Prepare a section of cash flow from investing activities to determine the cash flow from assets.
The only cash flow from investing activity is purchase price (cash outflow) of the assets of $42,880.
Higher prices of imported resources will: A. shift the aggregate supply curve to the left B. move the economy downward and to the right along the aggregate demand curve C. make the aggregate demand curve steeper D. shift the aggregate demand curve to the left
Answer:
A. shift the aggregate supply curve to the left
Explanation:
This is because, the higher the prices of imported resources, the higher the quantity supplied while at the same time the quantity purchased would be lower.
Which one of the following choices best describes when a culture should be changed as rapidly as it can be managed? A. Never, because the actions and behaviors needed to execute the new strategy successfully are well entrenched, and thus are not changeable B. Only rarely, because it is natural for company personnel to cling to existing practices and to be wary of new approaches C. When a company decides on any innovations to its products or services D. When a strong culture is unhealthy or otherwise out of sync with the actions and behaviors needed to execute the strategy successfully E. When the case for cultural reform is not credible, symbolic, nor substantive
Can someone help me please
The subject is math please help me
Answer:
1) 0.4
2) 0.375
3) 0.556
4) 25%
5) 58.33%
6) 150%
7) 0.3
8) 0.15
9) 1.2
10) 17/50
11) 10101/40000
12) 5 7777/10000
In February of each year, the Ritz Hotel holds a very popular wine tasting. Tickets must be ordered and paid for in advance, and are typically sold out by November of the preceding year. The realization principle indicates that the revenue from these ticket sales should be recognized in the period in which the:
Answer:
wine tasting is held
Explanation:
Based on the realization principle the revenue from these ticket sales should be recognized in the period in which the wine tasting is held. That is because this principle states that revenue can only be recognized once the goods/services associated with the revenue have been delivered or rendered, respectively in such a way that the revenue was earned by the providers. Therefore, since the tickets are for attending a wine tasting, the revenue cannot be recognized until after the wine tasting has been held.
In which country can prospective employers ask job applicants to report personal characteristics such as age and marital status
The question is incomplete:
In which country can prospective employers ask job applicants to report personal characteristics such as age and marital status:
a. United States
b. India
c. United Kingdom
d. All of these
Answer:
b. India
Explanation:
-In the United States, employers can't ask candidates questions about their origin, age, marital status or other personal information because this would be a violation of the Title VII of the Civil Rights Act of 1964.
-In India, employers can ask candidates about personal information like family, age and marital status.
-In the United Kingdom, employers are not allowed to ask candidates about protected characteristics like age, marital status, disability and sex as this would be considered discrimination.
According to this, the answer is that the country in which prospective employers can ask job applicants to report personal characteristics such as age and marital status is India.
The amount of money the policyholder pays per claim before the insurance company will pay on the claim is known as the:_______.
Answer:
deductible
Explanation:
Deductible is a kind of advance made to healthcare insurance services. It basically works as a quota to meet for healthcare insurance coverage.
It basically makes you eligible to claim the healthcare expense you incur from the healthcare insurance company.
In case the healthcare expense is really low for an individual, then he must consider and choose a healthcare service, where he can pay a good premium but a lower value of deductible is required.
It is inversely proportional to the premium, more the premium, lower the deductible, and vice-e-versa.
Answer:
deductible
Explanation:
___________ focuses on clarifying employees’ role and task requirements and providing followers with positive and negative rewards contingent on performance.
Answer:
transactional leadership
Explanation:
Transactional leadership is a style in which the leader tries to encourage its employees to perform well in their jobs by using rewards and punishments. According to this, the answer is that transactional leadership focuses on clarifying employees’ role and task requirements and providing followers with positive and negative rewards contingent on performance.
United States economy is considered by the Institute for Management Development to be the most competitive economy because A. of a high saving rate. B. of selected restrictions on imports from Japan and Europe. C. Americans are willing to work harder than anyone else is. D. of widespread entrepreneurship.
Answer:
D. of widespread entrepreneurship.
Explanation:
Competitive economies are not characterized by imposing restrictions on foreign trade (option B) or necessarily saving more than anyone else (option A). Even the amount of hard working citizens is not a real measure, in some Asian countries people work for 16 hours per day and earn just a few a cents (option C). What makes an economy competitive is how many new innovations and how many new businesses appear every year. They don't even have to be made by Americans, but people living in America. E.g. Apple, Google, Tesla and many others were built by immigrants that found the opportunity to succeed in America.
The manager who establishes the organization's goals and determines how the departments should interact is the ______ level manager.
Answer:
in the level manager answer of thiis
A company that controls finances in the home country and decentralizes production, sales, and marketing operations to other countries is using a ________ strategy. .
Answer:
D) multinational
Explanation:
A multinational company is that company in which the business carry out their operations in various countries. Here the parent company is based on home country while the other units of the company are located in other countries
The company that controlled their finance area in the home country and the operational activities that are related to the production, sales, marketing are decentralized
So here the company is using the multinational strategy
At Panther Lighting Fixtures,employees were asked how the quality of the company's customer service could best be measured,and management then implemented a survey system based on the feedback.The company has overcome which of the following barriers to success of control systems?
A) overemphasis on one instead of multiple approaches
B) overemphasis on paperwork
C) overemphasis on means instead of ends
D) too little employee participation
E) too much control
Answer:
D) too little employee participation
Explanation:
Since in the question, it is mentioned that the for best customer service what actions to be taken by the employees so that the quality could become better
There is a survey done i.e. depend upon the feedback
Now to overcome this, the option D is appropriate as it contains that there is too less employee participation that became the barriers for success the control system and if the employee participated is there so automatically the company could give the better customer service as compared to before
Under what type of compensation plan is the agent responsible for the costs of advertising and promotion?
Answer:
100% plan
Explanation:
The 100% plan is when the agent doesn't have a base salary and the job pay depends completely on the comission for selling products. This compensation plan provides a big earning potential and the agent is an independent contractor and would have to cover costs of advertising and promotions. Because of that, the answer is that the type of compensation plan in which the agent is responsible for the costs of advertising and promotion is the 100% plan because the agent is not considered an employee and only receives the comission and has to cover the costs associated with advertising and promotion.
Janice works for a pet store where everyone is committed to the happiness of the animals. Often employees, bosses and hourly workers alike, come into the store "off the clock" and spend time training the animals. Everyone loves the store, the animals, and their jobs. This attitude of her coworkers inspires Janice to do her best. Based on this information, we can say that Janice is experiencing the effects of ________. centralization high departmentalization organizational climate high work specialization high formalization
Answer: Organizational climate
Explanation:
It is often said that humans are a product of their surroundings which means that humans are more likely to act as the people they are constantly surrounded by do.
This is no different in the business world. The Organizational Climate refers to the way employees in a firm think that firm behaves or would like them to behave. In the case of Janice, the climate is most probably that of dedication and love for the job so Janice emulates this and puts it into her work ethic as well.
Determine how the transaction changes the accounting equation. The company paid cash for supplies from The Office Store. a. Assets - decrease; Assets – increase b. Assets - decrease; Liabilities – decrease c. Assets - decrease; Owner's Equity – decrease Selected: d. Assets - increase; Liabilities – increaseThis answer is incorrect. e. Assets - increase; Owner's Equity – increase f. Liabilities - decrease; Owner's Equity – increase g. Liabilities - increase; Owner's Equity - decrease
Answer:
idk
Explanation:
"A corporation has issued 20,000,000 shares of common stock at $2 par. The corporation has 5,000,000 shares of Treasury Stock on its books. The aggregate value of the outstanding shares is:"
Answer:Aggregate value of the outstanding shares = $30,000,000.
Explanation:
issued stock = 20,000,000 shares
Treasury Stock = 5,000,000 shares
Outstanding stock = Issued stock -Treasury stock
20,000,000 shares - 5,000,000 shares = 15,000,000 shares
Aggregate value of the outstanding shares=shares outstanding X par value
= 15,000,000 shares x $2= $30,000,000.
A portion of the Sarbanes-Oxley Act makes it illegal to fire or otherwise discriminate against a corporate officer for trying to report possible accounting irregularities to higher corporate officials or enforcement agencies. The ________ administers that portion of Sarbanes-Oxley.
Answer: C) U.S. Department of Labor
Explanation: A portion the Sarbanes-Oxley Act makes it illegal to fire or otherwise discriminate against a corporate officer for trying to report possible accounting irregularities to higher corporate officials or enforcement agencies. The ________ administers that portion of Sarbanes-Oxley.
A) Department of Homeland Security
B) Internal Revenue Service
C) U.S. Department of Labor
D) Securities and Exchange Commission
The Sarbanes-Oxley Act was created by legislators to help protect shareholders, employees and the general public from accounting errors and fraudulent financial practices which therefore makes it illegal to fire or otherwise discriminate against a corporate officer for trying to report possible accounting irregularities to higher corporate officials or enforcement agencies. This portion of the Act is administered by the U.S. Department of Labor.
Unions, which have market power over the supply of labor, can threaten strikes as part of negotiating employment contracts on behalf of union members. What is the effect of unions having this power
Answer:
The effect of unions will be "Union wages are generally higher than nonunion wages".
Explanation:
A group of employees decided to join together through a particular variety of organizations to strengthen their employment conditions and also some help to promote the organization's mutual interests.Union wages or salaries shall be determined by the service agreement. This always appears to mean except for non-union working environments, union employees again for the entire length of everyone's agreement should not have to think too hard concerning compensation or welfare cuts.So that the above is the appropriate answer.
The point that each glass of lemonade consumed on a hot day brings lower and lower levels of satisfaction is known as the principle of
Answer:
decreasing marginal benefit.
Explanation:
A consumer measures the amount of satisfaction gained by consuming a product in making a buying decision.
When a person comes a product his satisfaction increases up to a point, and from that point as consumption increases the satisfaction derived reduces.
Consumption after this point is known as decreasing marginal benefit to the customer.
This affects the customer's willingness to buy more of this product. Patronage of lemonade will reduce as the customer looks for another product to satisfy his needs.
Which of the following is NOT an essential element of a contract for the purchase of a one- to four-family residential resale property?a) Competent partiesb) Considerationc) Offer and acceptanced) Earnest money
Answer:
a) Competent parties
Explanation:
This is not an essential element of such a contract because basically we would not expect a minor to be involved in a transaction of a four-family residential resale property.
Remember, competent parties contract requirements are that the two parties in the sale contract should be persons legally and mentally capable of entering into contracts that is enforceable by law.
"FINRA's IPO purchase restrictions that prohibit industry personnel from buying new issues in the primary market apply to:"
Answer:
Common stock offerings.
Explanation:
FINRA is an acronym for Financial Industry Regulatory Authority. It is a non-profit agency in the United States of America, that is saddled with the responsibility of handling the licensing and regulation of broker-dealers in securities.
FINRA's initial public offering (IPO) purchase restrictions that prohibit industry personnel from buying new issues in the primary market apply to common stock offerings. The rule made by the financial industry regulatory authority (FINRA) which restrict a registered firm and its employees from buying new issues in the primary market made available by underwriters, only apply to common stock offerings (equity stocks) because the pricing of common stocks usually has a big expectation feature that is typically difficult to measure.
Additionally, the FINRA's purchase restrictions do not apply to bond or preferred stock offerings.
To assess the risk and return involved in a purchase decision, which practical questions should a potential buyer ask
Answer:
The potential buyer will ask three questions such as:
What is the likely return? What can go wrong? Is the risk worth the return?Explanation:
To determine the uncertainty including returning associated throughout a purchasing decision, the realistic decision that the prospective purchaser wants to respond to or inquire is something listed above.Because the purchaser wants to be sure concerning the possibilities acceptable to him regarding the probability of their return frequency including the uncertainties implicit throughout the returns.
Answer:
-What can go wrong?
-What is the likely return?
-Is the risk worth the return?
Explanation:
Got it right on e2020
Organizational climate is defined as the set of shared, taken-for-granted, implicit assumptions that a group holds and that determines how it perceives, thinks about, and reacts to its various environments.
a. True
b. False
Answer:
False.
Explanation:
Organizational culture is defined as the set of shared, taken-for-granted, implicit assumptions that a group holds and that determines how it perceives, thinks about, and reacts to its various environments.
Generally, there are four (4) main functions of the organizational culture and these are;
1. To ensure social system stability.
2. To establish organizational identity.
3. To act as a sense making tool.
4. To encourage collective commitment in an organization.