Explain how each of the following groups are economically interdependent.
a. merchants, apartment units, city hall
b. courthouse, hospital, merchants

Answers

Answer 1

Economic interdependence is the relationship between two people, organisations, religions, companies, regions, or nations.

What does economic interdependence mean?where each is dependent on the other for the provision of essential commodities and services.Economic interdependence is a term used to describe a measurement of the value of economic transactions between two countries or between a country and the rest of the globe, which may be scaled to total national production or a measure of total financial assets.Economic interconnectedness has the advantage of fostering economic growth in both more and less developed countries.BEIJING — The two nations' economic interdependence has reached an unprecedented level as a result of the rapid expansion of bilateral commerce and the growing economic linkages between Germany and China over the past 20 years, a report released on Tuesday revealed.

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Related Questions

Choose the answer.
Patrice is about to post a message on social media on behalf of her company. What is an important question she should ask herself before posting this message to ensure it is ethically appropriate to share?

Question 2 options:

Will at least 50 percent of the public like the message?


Have I stated the facts accurately?


Did I create a post that will likely go viral?


Will most of our followers repost this message?

Question 3

Choose the answer.
Don is a textbook salesperson and is preparing a pitch for college instructors to encourage them to adopt one of the textbooks he is selling. During his pitch, he brags that his company's textbooks are all written by highly educated men, unlike those of their competitors. After the pitch, his supervisor takes him aside and explains how his presentation was unethical. In what way was it wrong?

Question 3 options:

The information could be considered coercive.


Sharing the information violated the privacy of the authors.


Sharing the information is illegal.


The information presents an unfair bias against women authors.

Question 4

Choose the answer.
Tonya is applying for a promotion and has asked her boss, Blake, to write a letter of recommendation for her. Blake writes a letter in which he explains in detail that Tonya has suffered from major health problems in the last year but has not let her work suffer because of it. What ethical mistake has Blake made?

Question 4 options:

story was not factually accurate


bias against people with health problems


plagiarism


violation of Tonya's privacy

Question 5

Choose the answer.
Michael is always oversharing personal information on social media sites. According to psychologist Sandi Mann, what is one of the main reasons people overshare online?

Question 5 options:

greed


boredom


concern for others


high self-esteem

Answers

Answer: b b c b in that order

Explanation:

Final answer:

The questions revolve around ethical considerations in various scenarios, particularly with respect to social media and communication in a professional context. The key consideration in these instances is to ensure accuracy, avoid bias, respect privacy, and regulate appropriate sharing.

Explanation:

In answering the posed questions. For Question 2, before posting a message on social media on behalf of her company, Patrice should ask herself, 'Have I stated the facts accurately?'. This is because it's crucial to ensure information consistency and credibility in a corporate setting. For Question 3, Don's unethical act during his pitch was that 'The information presents an unfair bias against women authors'. It is important not to make discriminatory or biased comments in a professional setting. Answering Question 4, The ethical mistake Blake made is the 'Violation of Tonya's privacy'. Personal health information should always be kept confidential unless the owner gives permission to share it. Lastly, for Question 5, the main reason, according to psychologist Sandi Mann, that people like Michael overshare online is 'Boredom'.

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3. XYZ Corp's transactions for the month of October included purchase of $5,000 inventory (on October 2) on account; collection of $1,000 Accounts Receivables; purchase of $6,000 furniture paying half in cash with the balance on account; and payment of $3,500 at the end of October towards the balance owed for the October 2 inventory purchase. On October 22, XYZ also paid the $7,100 balance of an amount owed from September's inventory purchases. If the October 1 balance in the Accounts Payable account was $4,700, what is the balance in Accounts Payable at the end of October? Sketch the T-account, and clearly write the October 31 final balance, on the debit OR credit side. (Sketch only one T-account.)​

Answers

a) If the October 1 balance in the Accounts Payable account was $4,700, the balance in the Accounts Payable at the end of October was $2,100.

b) The T-account for the Accounts Payable account appears as follows:

T-Account:

Accounts Payable

Date  Account Titles             Debit        Credit

Oct. 1 Beginning balance                     $4,700

Oct. 2 Inventory                                     5,000

Oct. 2 Furniture                                      3,000

Oct. 30 Cash                       $3,500

Oct. 22 Cash                          7,100

Oct. 31 Ending balance       $2,100

Total                                   $12,700   $12,700

Nov. 1 Beginning balance                   $2,100

What is a T-account?

A T-account is an account that shows the debit and credit sides using the double-entry bookkeeping system.

For the Accounts Payable, the T-account normally shows a credit balance because it is a liability account.

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Andrew is a construction driver traveling two hours from his jobsite back to his home. He’s worked on site all week, but is not ill or fatigued. He doesn’t want this commute home to count as “on-duty” time. Can he use an exemption?

Answers

It depends on the regulations and exemptions set by the governing authority responsible for overseeing the commercial transportation industry in the region where Andrew is operating. In the United States, the Federal Motor Carrier Safety Administration (FMCSA) sets regulations for the commercial transportation industry, including those related to hours of service for commercial drivers.

What is the exemption about?

Under FMCSA regulations, a driver who is not operating a commercial motor vehicle (CMV) and is not performing any work-related duties is considered to be in a personal conveyance status and is not subject to the hours of service regulations.

Therefore, In this case, if Andrew is driving his personal vehicle and is not engaged in any work-related duties during his two-hour commute, he may be able to use the personal conveyance exemption and not have this time counted as "on-duty" time. However, it is important to check the specific regulations and exemptions in his region to ensure compliance.

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QUESTION 19
Duplication of data and lack of communication in an organization are usually the result of:
O a. Process complexity
Ob. Product complexity
O c. Network complexity
O d. Customer complexity
Oe. Range complexity

Answers

Duplication of data and lack of communication in an organization are usually the result of network complexity. The Option C is correct.

What does the term Network complexity means?

The number of nodes and alternative paths in a computer network, as well as the variety of communication media, communications equipment, protocols, and hardware and software platforms found in the network, all contribute to network complexity.

A simple network is a small LAN with no alternative paths, a single communication protocol, and identical hardware and software platforms across nodes.

A complex network is defined as an enterprise-wide network that uses multiple communication media and communication protocols to connect geographically dispersed networks with disparate hardware and software platforms.

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Joan has been a border security agent for several years. She has now decided that it is time for her to try to advance further in her career. Since she
has a natural talent for championing the well-being of those around her, which of the following positions would you recommend that Joan apply toward?
OA
chaplaincy
O B. BORSTAR
OC.
O D.
Honor Guard
Less-Lethal Instructor Training Program

Answers

Since she has a natural talent for championing the well-being of those around her, I would recommend that Joan should apply toward BORSTAR position.

What is a BORSTAR?

Of response to the rise in border patrol agent injuries and migrant deaths at our country's borders, the border patrol search, trauma, and rescue (BORSTAR) unit was established in 1998. BORSTAR is housed at the special operations group (SOG) Headquarters of the U.S. border patrol in El Paso, Texas.

It primarily helps migrants who are hurt or stranded as they attempt to cross illegally into the United States from Mexico in isolated desert regions. BORSTAR teams have also aided motorists, hikers, and other border patrol agents that required rescue in addition to migrants.

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Suppose the price of a gallon of ice cream rises from $4 to $5, and the price of a can of coffee rises from $2 to $2.50. If the CPI rises from 150 to 200, then people likely will buy a. less ice cream, less coffee b. less ice cream, more coffee c. more ice cream, more coffee d. more ice cream, less coffee

Answers

Based on the given information,  If the CPI rises from 150 to 200, then people likely will buy less ice cream and less coffee. Thus the correct option is A.

What is CPI?

The term CPI stands for Consumer Price Index indicates the cost of a market basket of consumer products and services that households purchase on ordinary and weighted terms.

In the given case, it is clearly given that if the cost of both items rises above the CPI, they are being offered above the price at which supply and demand would be balanced, which would ultimately cause demand to fall.

Therefore, option A is appropriate.

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Based on my journal, which is all labeled as correct, what do i put on the retained earnings T chart?? The left side has a balance of $493800 on dec 31. the right side has the original balance and then a spot for a december 31 number and then the dec 31 balance?? there's only one transaction on dec 31 so im confused

Answers

In the Retained Earnings T-account, debit Cash Dividends with $43,800 and Stock Dividends with $450,000, according to the journal.

What is the Retained Earnings account?

The Retained Earnings account shows the leftover profits of a company after settling direct costs, indirect costs, income taxes, and dividends to the stockholders.

To record the distribution of cash and stock dividends in the general ledger (T-accounts), the Retained Earnings account is debited while the corresponding accounts are credited, respectively.

Thus, from the journal, we can conclude that there were cash dividends of $43,800 and stock dividends of $450,000 for the period, which reduce the Retained Earnings account.

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archana held a conference call with several clients which of the following statements is most true

Answers

The statement that is true about the conference call that Archana has made with the clients would be: Communication channels act as a medium for the flow of information.

What is communication?

Communication is the process of exchanging information, ideas, or thoughts between individuals or groups through speech, writing, or other means of expression. It involves a sender who encodes a message, a medium through which the message is conveyed, and a receiver who decodes the message.

Effective communication requires that the sender and receiver have a mutual understanding of the message being conveyed. The purpose of communication can vary, including to inform, persuade, instruct, or entertain. Communication can take place between people face-to-face, over the phone, via email, or through other mediums.

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Discuss the implication of government domestic debt on a time value of money

Answers

The concept of the money's time value states that given its prospective earning power, money is worth more than a comparable amount in the future. in relation to the domestic debt of the government.

Discuss the effects of domestic government debt on the time value of money.

A government effectively raises the amount of money in the economy when it borrows by issuing bonds. Since inflation lowers the money's purchasing power and hence its temporal value, this expansion of the money supply has the potential to cause inflation. The demand for treasury securities may decline and their yield may rise if inflation is strong and is predicted to stay high, which will raise the cost of financing for the government. Furthermore, a high level of public debt may raise questions about how well the government will be able to pay off its debts in the future, which may undermine investor confidence and weaken the market for government bonds. This may increase the government's borrowing costs, which would have an impact on the time value of money once more.

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Can someone help me with strategic management assignment?

Answers

Strategic management is the process of setting a direction for an organization by defining its mission, target markets, strengths and weaknesses, and values. It also explores the principles of strategy formation and implementation, with a focus on new technologies and innovation.

What are the most important steps in Strategic Management?

A strategic management plan consists of several steps. The first step is to assess the current situation. This means taking an objective view of how the company is currently doing in terms of its financial health, customer satisfaction, and market share. Businesses need to know where they are now before they can set out their plans for where they want to end up.

The next step is determining what the company wants to achieve, which should be specific, measurable objectives.

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John needs a new dishwasher and buys it from a store because they had a financing special that offered no interest charges for 12 months. What will the store do if he doesn't pay the entire amount off in that time?

A. It will begin assessing interest on whatever remains to be paid at that point.

B. It will repossess the dishwasher.

C. It will cancel the service contract on the dishwasher.

D. It will charge him all the interest that would have accrued over the year.

Answers

The option that will the store do if he doesn't pay the entire amount off in that time is option A. It will begin assessing interest on whatever remains to be paid at that point.

What is the interest  about?

Assessing interest refers to the calculation and addition of interest charges on a debt or loan balance. It's a way for lenders to compensate for the opportunity cost of not having the loaned amount available for investment or other uses.

Therefore, based on the above, the interest rate, frequency, and method of calculation can vary based on the terms of the loan agreement.

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Answer:

1. If she decides to move, she will not have to deal with selling her home.

2. With each new lease, your rent can go up.

3. You are always driving a new car, which has the latest safety features.

4. It will charge him all the interest that would have accrued over the year.

5. He wants to get the rewards, and he did not want to open another credit card.

Explanation: I took the quick check

Robinson Crusoe can gather 10 coconuts or catch 1 fish per hour. His friend Friday can gather 30 coconuts or catch 2 fish per hour. What is Crusoe’s opportunity cost of catching 1 fish? What is Friday’s? Who has an absolute advantage in catching fish? Who has a comparative advantage in catching fish?

Answers

Answer:

Crusoe's opportunity cost of catching 1 fish is 10 coconuts, since he can either catch 1 fish or gather 10 coconuts in 1 hour. Friday's opportunity cost of catching 1 fish is 15 coconuts, since he can either catch 1 fish or gather 30 coconuts in 2 hours. Friday has an absolute advantage in catching fish, since he can catch twice as many fish as Crusoe in the same amount of time. However, Crusoe has a comparative advantage in catching fish, since his opportunity cost of catching 1 fish is lower than Friday's.

Explanation:

(Just need some ideas and inspiration) What do you consider the most important challenge that will face people in the United States in the years ahead?

Answers

Food security, hunger, poverty, population growth, pollution, heatwaves, droughts, and climate change are all interconnected.

What is Food security?

Food security refers to the availability of food in a nation and the capacity of its citizens to obtain, afford, and procure enough food.

The United Nations Committee on World Food Security defines food security as everyone having constant physical, social, and economic access to enough, safe, and nourishing food that satisfies their dietary needs and food preferences for an active and healthy life.

Another aspect of food security is the accessibility of food regardless of class, gender, or area.

Food security was a problem many thousands of years ago, as shown by the fact that central governments in ancient China and ancient Egypt were known to release food from storage during famines.

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Describe the issues that should be included in a partnership agreement.

Answers

Answer: The partnership agreement spells out who owns what portion of the firm, how profits and losses will be split, and the assignment of roles and duties. The partnership agreement will also typically spell how out disputes are to be adjudicated and what happens if one of the partners dies prematurely.

Trevor is watching his boss lead a meeting. He is paying close attention to his boss's nonverbal communication and notices several micro expressions. What is most likely to be one of the micro expressions he observes?

Question 1 options:

Her voice is staying very monotone.


Her fingers are pointing to the details in her slides.


Her mouth is quivering slightly.


Her arms are crossed tightly across her chest.

Question 2 (2 points)
Choose the answer.
Frank's business partner, Jamie, gave him a half-smile and said, "You can count on me. I'll pay you back." How would a nonverbal communication expert interpret this message?

Question 2 options:

Jamie is stressed that he has to pay Frank back.


Jamie is mad that he has to pay Frank back.


Jamie is sure he will pay Frank back.


Jamie isn't certain he can pay Frank back.

Question 3 (2 points)
Choose the answer.
Beatrice has a high level of emotional intelligence. What is most likely true about Beatrice?

Question 3 options:

She can recognize other people's emotional states but not her own.


She can recognize other people's and her own emotional states.


She cannot regularly recognize anyone's emotional state.


She can recognize her own emotional states but not those of others.

Question 4 (2 points)
Choose the answer.
Curt is using power poses in his daily routine. What does this action usually include?

Question 4 options:

He practices stances in the bathroom before he enters the boardroom.


He stands in front of his colleagues with his hands on his hips.


He raises his arms in the air whenever he ends his presentations.


He high fives everyone in the room whenever he enters.

Question 5 (2 points)
Choose the answer.
Jasmine is working on a technique known as mirroring. When her boss leans in to tell Jasmine a story, how should Jasmine respond?

Question 5 options:

She should stare at her reflection in a window.


She should reveal a half-smile.


She should lean toward her boss.


She should lean back from her boss.

Answers

Question 1: Her mouth is quivering slightly.

Question 2: Jamie isn't certain he can pay Frank back.

Question 3: She can recognize other people's and her own emotional states.

Question 4: He stands in front of his colleagues with his hands on his hips.

Question 5: She should lean toward her boss.

What is emotion?

Emotion is a complex psychological state that involves feelings, thoughts, and physiological responses to a particular stimulus. It can range from positive emotions like happiness, love, and excitement, to negative emotions such as anger, fear, and sadness. Emotions play an important role in shaping an individual's behavior, relationships, and decision-making.

Decision-making is the process of identifying and choosing among alternative courses of action. It involves evaluating the various options available and selecting the most suitable one based on a set of criteria and constraints. Good decision-making requires a combination of sound reasoning, effective problem-solving, and the ability to weigh potential outcomes and risks.

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April 2018, two men went to a Philadelphia Starbucks to meet a friend. They sat at a table waiting to order and asked to use the restroom. The manager on duty called the police on the two African American men who were wrongfully arrested for trespassing because of poor communication.    The video of the arrest went viral and by the next day, #boycottStarbucks was trending on social media. What might have started as a store manager attempting to follow a company policy turned into a racially biased encounter that even the Starbucks CEO called a “reprehensible outcome.” The CEO, Kevin Johnson, instantly released a statement that included a direct apology to the two men. To employees and customers, he said, “You can and should expect more from us.  We will learn from this and be better.” He also outlined a list of internal actions the company would take. A month later, Starbucks closed 8,000 stores to train 175,000 employees on racial bias and how to communicate effectively. Realign the entire organization to the company’s core values and mission. Encourage bottom-up feedback from partners on how the company was doing from their perspective. Adopt best practices and review policies that create a culture of inclusion, robust communication, and equality. Recognizing the major failure in their internal communication procedures and how their practices and training led to a bad outcome. The CEO fired the Manager and assigned you to carry out the role as a Manager at Starbucks. The CEO asked you to answer the following questions:    Examine and discuss 5 (Five) strategies or tactics that you would use to overcome communication barriers at Starbucks. In addition, please to explain the importance of ethics in Business Communication (10 marks)​

Answers

Ethics help to build trust and credibility

Five strategies to overcome communication barriers AND  ethics in Business Communication

As the new Manager at Starbucks, I would use the following five strategies to overcome communication barriers:

Employee training and development: Providing employees with regular training and development opportunities to improve their communication skills and understanding of cultural diversity would be the first step in overcoming communication barriers. This training should include role-playing exercises, active listening, and conflict resolution.

Clear communication policies: Establishing clear and concise communication policies that outline the expectations and responsibilities of employees would help to reduce misunderstandings and prevent incidents like the one that occurred in Philadelphia. These policies should be communicated to all employees and regularly reviewed to ensure they remain relevant.

Active listening: Encouraging employees to practice active listening and to pay attention to non-verbal cues would help to improve communication and reduce misunderstandings. This could be achieved through regular feedback and coaching sessions.

Encouraging feedback: Encouraging employees to provide feedback on communication barriers they face and how they can be overcome would be a key strategy in overcoming these barriers. This feedback could be gathered through regular surveys, focus groups, and one-on-one conversations with employees.

Celebrating diversity: Creating an inclusive work environment that celebrates diversity and promotes cultural awareness would help to reduce communication barriers and improve relationships between employees and customers. This could be achieved through regular cultural awareness events and diversity training.

The importance of ethics in business communication cannot be overstated. Ethics help to build trust and credibility, and are essential for maintaining positive relationships between employees, customers, and the company. Ethical communication practices include being honest, transparent, and respectful, and avoiding discrimination, harassment, and other forms of unethical behavior. By promoting ethical communication practices, Starbucks can maintain its reputation and build a culture of trust and respect that benefits all stakeholders.

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Haile Resort opened for business on June 1 with eight air conditioned units. Its trial
balance on August 31 is as follows.
Haile Resort
Trial Balance
August 31, 2022
Debit Credit
Cash Br. 39,200
Prepaid Insurance 9,000
Supplies 5,200
Land 40,000
Buildings 240,000
Equipment 32,000
Accounts Payable Br. 9,000
Unearned Rent Revenue 9,200
Mortgage Payable 100,000
Share Capital—Ordinary 200,000
Retained Earnings 0
Dividends 10,000
Rent Revenue 172,400
Salaries and Wages Expense 89,600
Utilities Expense 18,400
Maintenance and Repairs Expense 7,200
Br.490,600 Br.490,600
Other data:
1. The balance in prepaid insurance is a 1-year premium paid on June 1, 2022.
2. An inventory count on August 31 shows Br.1,300 of supplies on hand.
3. Annual depreciation rates are buildings (4%) and equipment (10%).
4. Unearned rent revenue of Br.7,600 should be recognized as revenue prior
to August 31.
5. Salaries and wages of Br.750 were unpaid at August 31.
6. Rentals of Br.1,600 were due from tenants at August 31.
7. The mortgage note is dated 1/1/2022. The mortgage interest rate is 8% per
year.
Instructions
a. Journalize the adjusting entries on August 31 for the 3-month period
June 1–August 31.

Answers

If Haile Resort opened for business on June 1 with eight air conditioned units. Its trial. The journal entry to record this transactions is: Debit: Insurance Expense, 9,000,Credit: Prepaid Insurance, 9,000

What is journal entry?

Journal entry is used by companies to record their day to day business transactions.

Haile resort journal entries

Prepaid Insurance:

Debit: Insurance Expense, 9,000

Credit: Prepaid Insurance, 9,000

Supplies:

Debit: Supplies 3,900

Credit: Supplies Expense, 3,900

( 5,200 - 1,300)

Depreciation:

Debit: Depreciation Expense, Buildings, 2400

Credit: Accumulated Depreciation, Buildings, 2400

(Br.240,000 * 4% * 3/12 )

Debit: Depreciation Expense, Equipment 800

Credit: Accumulated Depreciation, Equipment, 800

(Br.32,000 * 10% * 3/12 )

Unearned Rent Revenue:

Debit: Rent Revenue, 7,600

Credit: Unearned Rent Revenue, 7,600

Salaries and Wages:

Debit: Salaries and Wages Payable, 750

Credit: Salaries and Wages Expense, 750

Rent Receivable:

Debit: Rent Receivable, 1,600

Credit: Rent Revenue, 1,600

Debit Interest Expense 2,000

Credit Mortgage Payable 2,000

(100,000 * 8% / 12 * 3 = 2,000)

Therefore the entry is Debit: Insurance Expense, 9,000,Credit: Prepaid Insurance, 9,000

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A popular celebrity promotes a certain brand of clothing, and this increases the demand for that brand of clothing. What two things would you expect to happen next? (Select two answers.)
A popular celebrity promotes a certain brand of clothing, and this increases the demand for that brand of clothing. What two things would you expect to happen next? (Select two answers.)

Answers

Price increases in response to rising demand will undoubtedly encourage producers to increase their output.

What is Celebrity marketing?

Celebrity marketing is a tactic that involves using a well-known person to advertise a product. This renowned person could be a singer, athlete, former politician, musician, cartoon character, etc. They don't have to be world-famous; they only need to be well-known to the target audience.

For instance, a well-known skateboarder who is unknown to the general public may be popular among young men who drink energy drinks. An explicit or covert celebrity endorsement of a product is possible.

Thus, Price increases in response to rising demand.

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3) The following are the trial balance and other information related to Soft Tech, a consulting engineer. Soft Tech, Consulting Engineer Trial Balance December 31, 2022 Debit Credit Cash Br. 59,000 Accounts Receivable 99,200 Allowance for Doubtful Accounts Br. 1,500 Supplies 3,920 Prepaid Insurance 2,200 Equipment 50,000 Accumulated Depreciation—Equipment 12,500 Notes Payable 14,400 Share, Capital 104,020 Dividend 34,000 Service Revenue 200,000 Rent Expense 19,500 Salaries and Wages Expense 61,000 Utilities Expense 2,160 Office Expense 1,440 Br. 332,420 Br. 332,420 Other data: 1. Fees received in advance from clients Br.12,000. 2. Services performed for clients that were not recorded by December 31, Br.9,800. 3. Bad debt expense for the year is Br.2,860. 4. Insurance expired during the year Br.960. 5. Equipment is being depreciated at 10% per year. 6. Fine Tech gave the bank a 90-day, 10% note for Br.14,400 on December 1, 2022. 7. Rent of the building is Br.1,500 per month. The rent for 2022 has been paid, as has that for January 2023. 8. Salaries and wages earned but unpaid December 31, 2022, Br.5,020. Instructions a. From the trial balance and other information given, prepare annual adjusting entries as of December 31, 2022. b. Prepare the worksheet c. Prepare an income statement for 2022, a statement of owner’s equity, and a classified statement of financial position. d. Maintain the necessary closing entry.

Answers

Any modifications are reflected in annual adjusting entries as of December 31, 2022 which displays the general ledger account balances below

The ledger account closing balances are shown in a trial balance at a certain moment. Contrarily, an adjusted balance is a list of general accounts and their current balances following the posting of the adjusting entries.

The accuracy of the financial accounts is checked using the adjusted trial balance. The cash flow statement, income statement, and balance sheet are all produced using the adjusted trial balance.

Trial Balance (Adjusted)

                                                                                Debit        Credit

Cash                                                                      Br. 59,000

Accounts Receivable                                            99,200

Allowance for Doubtful Accounts                       Br. 4,360

Supplies                                                                 3920

Prepaid Insurance                                                1,240

Equipment                                                           50,000

Accumulated Depreciation—Equipment               17,500

Notes Payable                                                     14,400

Share, Capital                                                      104,020

Dividend                                                             34,000

Service Revenue                                                209,800

Rent Expense                                                      19,500

Salaries and Wages Expense 66,020

Utilities Expense                                                  2,160

Office Expense                                                    1,440

Unearned Service Revenue                              9,800

Salaries Payable                                                5020

Total                                      Br. 377,680         Br. 377,680

Financial Statements

Income Statement for 2022

Service Revenue  = 209,800

Rent Expense = 19,500

Salaries and Wages Expense =  66,020

Utilities Expense = 2,160

Office Expense = 1,440

Depreciation Expense = 5,000

Bad Debt Expense = 2,860

Insurance Expense = 960

Total Expenses = 97,880

Net Income = 112,920

Statement of Owner’s Equity

Capital, January 1, 2022          104,020

Net Income                                112,920

Dividend                                     34,000

Capital, December 31, 2022     150,940

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PLEASE HELP 25 POINTS!!! Which of the following changes can take place in the long run?


A.) Technology

B.) machinery

C.) labor force

Answers

Answer:

In the long run, all of these changes can take place. Technology, machinery, and the labor force can all be adapted and adjusted to meet the needs of the economy. Technology can be improved and updated, new machinery can be introduced, and the labor force can be shifted to focus on different industries.

Answer: All of these can be changed in the long run.

Explanation:

A poll of the first 10 attendees at a meeting in town indicated that their jobs included a teacher, a banker, a plumber, a mail deliverer, a baker, a tutor, a piano teacher, two brothers who own a chocolate-making company, and an automotive factory worker. Compared to the service occupations in the general workforce, the demographics of this group are _____.

Answers

A survey of the top 10 attendees at a town meeting indicated that their jobs included a teacher, banker, plumber, mail delivery boy, baker, tutor, piano teacher, two brothers who owned a chocolate manufacturing company, and a laborer at a car factory.

Compared to service occupations in the general workforce, this group's demographics are similar to that of workers in the US.

How is the US job market?

It is a market with many opportunities, since the country has a heated economy that is always in development. There is a great need for a workforce for positions considered to require less education, which are generally assumed by immigrants who come to the country in search of opportunities.

Therefore, the poll that indicated a citizen's jobs in several different professions may reflect the reality of American and immigrant workers.

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Read the case, Target Corporation, and the note, Analyzing Financial Statements (HBS packet). Respond to the following question:

What are the key strategic findings when you evaluate Target's financial position relative to Walmart's?

Answers

Having analyzed Target Corporations Financial Statements viz a viz that of Walmart is is clear that, with regard to strategic findings, the liquidity ratios demonstrate Walmart and Target's capacity to meet debt commitments.

What other strategic findings are given?

To begin, the current ratio assesses the capacity to pay both short-term and long-term loans. Target's current ratio is higher than Walmart's, indicating that Target has a stronger ability to pay these loans.

Because inventories are more difficult to liquidate than other assets, the fast ratio demonstrates the capacity to pay short-term and long-term obligations without liquidating inventory. Target outperforms Walmart in this category as well.

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which situation would cause the price of a product to fall the most ?
A. the demand rise while the supply falls
B. the demand falls while the supply rises
C. Both the demand and supply rise
D. Both the demand and the supply fall.

Answers

Answer: B. the demand falls while the supply rises

Explanation:

The price of a product is determined by the interaction of two major economic factors: demand and supply. The law of supply and demand states that if demand for a product increases while the supply remains constant, the price of the product will rise. On the other hand, if demand decreases while supply remains constant, the price of the product will fall. In the case where both demand and supply rise, the price of the product will increase, but to a lesser degree than if only demand had risen. Finally, if both demand and supply fall, the price of the product will fall the most, since there is a decrease in both the desire for the product and the ability to produce it.

Answer:

The demand falls while the supply rises would cause the price of a product to increase the most. Thus, option B is correct.

What is the price?

The quantity of money being supplied or needed to be paid for a commodity or service is referred to as the price.

The demand would generally fall when the supplier would increase the quantity within the market. This would further call for the price of the product to increase significantly to maintain the flow of the commodity or the service in the market. As demand and supply have an inverse relationship.

Therefore, option B is the correct option.

Hello please help! I need a 3 paragraph response!

Why are some companies more successful in their global expansion than others? What factors should a manager consider when expanding globally?

Answers

There are some companies are the successful as compare to the other companies are:

Recognition.Market share.Better services.

There was the expanding on the globally to consider the better brand and the loyalty.

What is companies?

Companies are legal entities that are legally registered in accordance with the Company Act. The companies are the main motive of the earning the profit. The companies are the making the profit to run the business.

According to some companies are the successful because it was the smart work, recognition, market share, and the innovation. The focuses on the global market are the better brand and the loyalty are the more susses of the companies.

As a result, the significance of the companies are the aforementioned.

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3. Some scholars and practitioners compared the failure rate for small businesses with the divorce rate in marriage and the student failure rate in college. Are these fair comparisons? Why/why not? Discuss in the view of “Goal setting, preparation, perspiration and dedication.

Answers

Answer:Whether the comparison of the failure rate of small businesses to the divorce rate or the student failure rate in college is fair depends on the perspective.

From one perspective, comparing the failure rate of small businesses to the divorce rate may be fair because both involve ending a committed relationship or endeavor and are influenced by similar factors such as unrealistic expectations, lack of preparation, and inadequate resources.

However, from another perspective, these comparisons may not be fair because small businesses and marriages or college education involve different levels of investment, risk, and complexity. For example, starting a small business requires much more financial and personal investment than getting married or attending college, and the consequences of failure in each situation can be very different.

In terms of "Goal setting, preparation, perspiration, and dedication," all three situations (starting a small business, getting married, and attending college) require a clear goal, preparation, hard work, and a commitment to success. However, the specific goals, preparations, and level of dedication needed may vary greatly.

Therefore, while these comparisons may provide some insights, it's important to consider the unique challenges and complexities of each situation before drawing broad conclusions.

Explanation:

Which of the following allows a person to withdraw money early from their individual retirement account (IRA) without penalty?

Answers

Loan provisions are possible but not necessarily in a qualified plan. If a plan allows loans, the amount that may be borrowed may be constrained by the plan.

What is considered an individual retirement account?

Your ability to save money for retirement tax-advantageously is enabled by an individual retirement account (IRA). With the help of an IRA, a person can save money for retirement while enjoying tax-free growth or deferring taxes. An IRA is an account set up at a financial institution.

By multiplying the value of your Traditional IRA by a life expectancy factor chosen by the IRS, you can determine the amount of your RMD. Your RMD must be calculated separately for each IRA, but you are free to withdraw your entire RMD amount from either one IRA or a group of IRAs.

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1. Assume you are given the following information about an economy
Combinations Capital goods (‘000) Consumer goods (‘000)
A 60 0
B 50 1
C 30 2
D 0 3

a) Draw the PPF. (capital goods on the Y axis and Consumer goods on the X axis).
b) Explain why the PPF is concave
c) Suppose the economy moves from point B to point C, what is the opportunity cost of doing so?
2. Given the demand for housing, describe the effect of each of the following in terms of whether it would increase or decrease the quantity demanded or the demand for housing. Indicate whether the effect of each of the following is an upward or downward movement along a given demand curve or involves an outward or inward shift in the relevant demand curve for housing. Explain your answers.
a) An increase in housing prices
b) A fall in interest rates
c) A rise in interest rates
d) A severe economic recession
e) A robust economic expansion
3. Describe THREE factors which could cause an upward shift in the supply curve for a product.
4. The demand for Good X is 300 units when its price is £4. Assume that as a result of a price fall, the demand for the good increases to 400 units and the sales revenue falls by £400.
a) Calculate the price of Good X after the fall.
b) Calculate the price elasticity of demand with respect to the fall in its price.
c) State whether elasticity will change with a downward movement along a linear demand curve.
d) Assume that the cross-price elasticity of demand for Good Y which is a complement to Good X is −1.5.
e) Calculate the proportionate change in the demand for Good Y as a result of the fall in price of Good X.

Answers

Answer:

1a) The PPF for this economy would be a concave curve, as can be seen in the graph below. The PPF shows the maximum combinations of capital and consumer goods that can be produced in the economy. 1b) The PPF is concave because of the law of increasing opportunity cost. As more of one good is produced, the opportunity cost of producing the other good increases. 1c) The opportunity cost of moving from point B to point C is the loss of 1 unit of capital goods. 2a) An increase in housing prices would cause an upward shift in the demand curve for housing, as consumers would be willing to pay more for housing. 2b) A fall in interest rates would cause an outward shift in the demand curve for housing, as it would become cheaper to borrow money for housing. 2c) A rise in interest rates would cause an inward shift in the demand curve for housing, as it would become more expensive to borrow money for housing. 2d) A severe economic recession would cause an inward shift in the demand curve for housing, as people would have less money to spend on housing. 2e) A robust

Explanation:

There are three types of value for
money. Which of the following is NOT a
method of value?
A. inherent
B. market
C. intrinsic

Answers

There are three types of value for money. The statement that is NOT a

method of value is: C. Intrinsic.

What are the method of value?

Intrinsic is NOT a method of value for money. The three types of value for money are:

Inherent value: refers to the value that a currency or asset has in and of itself, independent of market conditions.

Market value: refers to the value of an asset as determined by supply and demand in the market.

Intrinsic value is not a widely used term in finance or economics, and it is not clear what it refers to in the context of money.

Therefore the correct option is C.

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How would you describe China's economy prior to the market-based reforms of the 1980s and 1990s. This system failed to deliver rising living standards to the bulk of China's population. Why?

Answers

China had a planned economy prior to the business reforms of the 1980s and 1990s, which were characterized by state ownership of the equipment of production and centralized control over financial decision.

How would you describe China's economy prior to the market-based reforms of the 1980s and 1990s.

China had a planned economy prior to the business reforms of the 1980s and 1990s, which were characterised by state ownership of the equipment of production and centralised control over financial decision. Because of its flaws and shortages, this system was unable to provide rising living conditions to the majority of China's population. Low productivity and poor technological advancement were caused by a lack of market incentives and competition, and rampant corruption and resource misallocation were caused by a focus on meeting centralised production targets. The government was unable to effectively predict supply and demand due to the lack of a working price system, which resulted in ongoing shortages and the rationing of products.

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4. Business owes a duty to society to conduct itself in which of the following ways?

Answers

Business owes a duty to society to conduct itself in the ways following the accepted rules of the "game" of business

What are the most important rules in business?

Choosing the right person to associate with is the most important rule in business and life in general. This rule can be difficult to adhere to consistently, and ignoring it is a lesson to be learned over and over again.

Why do we need business rules?

The rules of the game in business are laws that regulates the formation and operation of a company. Improve business processes by providing guidance on when to start, stop, or change these processes to apply policies consistently across your organization. Business rules are used for a variety of use cases based on internal or external constraints.

What are the five rules of business?

Five golden rules for small business success: Create a realistic business plan. Monitor conflicts. Don't try to do everything yourself. Get professional advice. Address marketing not just accountants.

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