Dr. Raw Materials $80,00 Cr. $80,000 in accounts payable
Secondly, Dr Work-in-Process $62,000
Overhead in Dr. Manufacturing $9,000 Cr. $71,000 for raw materials
Dr Work-in-Process $101,000 3.
$11,000,000,000 in Dr Manufacturing overhead Cash $112,000
Dr Manufacturing administrative costs $175,000 Cr $175,000 in accumulated depreciation
Making journal entries 1. According to the information provided, raw materials worth $80,000 were bought on account, hence the following will be the journal entry:
Dr components, raw $80,000\sCr $80,000 in accounts payable (Raw materials purchased on account)
2. According to the information provided, $71,000 in raw materials were used in manufacturing, of which $62,000 was utilised for direct materials and the balance for indirect ones. This implies that the journal entry will read as follows:
$62,000 Dr. Work-in-Process
$9,000 in Dr Manufacturing overhead (71,000-62,000)
Materials Cr $71,000 (raw material charged to production)
3. According to the information provided, a total of $112,000 in labour wages were paid in cash, of which $101,000 went to direct work and the balance to indirect labour. As a result, the following journal entry will be made:
Work-in-Process Dr. $101,000
$11,000 in Dr Manufacturing overhead
(112,000-101,000)
Cash Cr $112,000
(Payments added to the production)
4. According to the facts provided, it appears that manufacturing equipment experienced a depreciation of $175,000, hence the following will be the journal entry:
$175,000 in Dr Manufacturing overhead
$175,000 in accumulated depreciation
(Charged depreciation)
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Which of the following topics should be considered during the strategy analysis phase of the AFI framework? (Check all that apply.)
- the external environment and associated challenges
- the firm's internal strengths and resources
- the role of strategic leadership and the strategy-making process
- the firm's business model and competitive advantages
- the amount and types of compensation to offer employees
The external environment and associated challenges, the firm's internal strengths and resources, the role of strategic leadership and the strategy making process and the firm's business model and competitive advantages.
One or more of the organization's goals may be attained through the use of strategy by management. Another way to define strategy is as "A general direction specified for the company and its numerous components to achieve a desired condition in the future." Every choice made and action done by a company in pursuit of the wider goal is referred to as part of its business strategy. Businesses can become industry leaders by understanding what a company plan is and how to implement it successfully. Simply said, the ability to plan for the future is the essence of strategic thinking. It is the ability to plan strategies and conceive of concepts that will be able to deal with changing environments and take into account the numerous issues that will be faced in the future.
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MaryAnn keeps running out of heirloom apples for her apple crepes, her most popular product. Which aspect of operational excellence does this problem impact?
This problem affects the Product Excellence (PE) component of operational excellence.
Through thorough user research, a detailed product strategy, and an inspiring roadmap, the "Product Excellence" method of product management seeks to bring the right products to market more quickly. A framework for excellent products is customer-centeredness. Using the framework, a significant and beneficial feature or product can be created.
Product Excellence (PE) can be attained through in-depth user knowledge. You must comprehend the needs, desires, and methods of use of the new feature or product among your target audience. This extensive client understanding has an impact on good product design. A feature or product's resource requirements are reduced via good design.
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What phase follows inventory control in the supply chain process?
The inventory and ______
process ends with the products being shipped to customers.
Fill in the blank
The inventory and fulfillment process ends with products being shipped out to customers.
It involves ensuring that all products ordered are accounted for, in the right quantity and condition, so that they can be packed and shipped. This process is essential for providing customers with the right product quickly and efficiently.
The first step of the inventory and fulfillment process is to check the inventory and verify the order. This means ensuring that all items listed on the customer’s order are available and in the correct quantity.
If any items are missing or the wrong quantity is available, the order must be modified or canceled.
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dog company reported net sales of $300,000, $330,000, and $360,000 in the years 2020, 2021, and 2022, respectively. if 2020 is the base year, what percentage do 2022 net sales represent of the base?
The year 2022 represents 120% of net sales.
Dog Company's impressive growth trajectory is evident from its three-year snapshot of net sales.
From 2020, the base year, to 2022, the most recent year for which figures are available, Dog Company has achieved an impressive 22% increase in net sales. Specifically, 2022 net sales represent 120% of the base year's figure ($360,000/$300,000 = 1.2).
This remarkable performance in such a short period demonstrates Dog Company's unwavering commitment to providing its customers with high quality products and services.
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manufacturers in the production-oriented marketing era at the turn of the 20th century were concerned with efficient blank , not with satisfying the needs of consumers. multiple choice question. pricing support value creation production
Manufacturers in the production-oriented marketing era at the turn of the 20th century were concerned with efficient production , not with satisfying the needs of consumers.
Production Orientation Era (1800s–1920s): During this time, mass production was the main focus. Companies believed that consumers would be prepared to pay for things that are widely available and inexpensive. As a result, company efforts were concentrated on boosting output quantity rather than quality.
A company that prioritises production frequently uses a mass production model and simplifies this production process for its line of products. This oriented method bases its focus on cutting production costs to satisfy this client base's price requirements on the presumption that customers respect price.
Fast food restaurant franchises like Burger King and McDonald's, which concentrate on producing thousands of burgers per day at a low cost, are a famous example of production orientation.
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FILL IN THE BLANK. when an employee is hired, they sign a contract that outlines the employee's and the employer's ___ and the terms of employment.
When an employee is hired, they sign a contract outlining the responsibilities and terms of employment of the employee and employer. An employment contract is a contract signed between an individual worker and an employer or union.
It sets out both the rights and obligations of both parties.employee and company. Find out information about what to expect when you are asked to sign a contract, the types of contracts that cover workers in your workplace, and the pros and cons of employment contracts. An employment contract is a contract that covers the employment relationship between a company and an employee. 1 This ensures that both parties have a clear understanding of their obligations and terms of employment.
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also known as virtual work, has enabled some people to perform their jobs from home.
Telecommuting. Some jobs, referred to as virtual labour, allow employees to work from home.
Employees that participate in telework, telecommuting, or remote work have flexible working hours and locations. To function, they connect via telecommunications. While many people use mobile telecommunications technology to work from coffee shops or other locations, others, sometimes known as nomad workers or online commuters, do so from their homes. A larger definition of telework is the use of telecommunications to replace any type of work-related travel, which removes the geographical constraints of telecommuting. A "telecommuter" is a person who works from home. Work is something you do, not somewhere you travel to, according to some telecommuters.
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Joshua smith's income was $56,500. Compare his taxes due if he files as single to the amount due if he files as head of household. Show your work or explain how you got your answer.
His tax rate would be lower if he filed as the head of the household.
Josh Smith makes $56,500 year.
Upon filing as single,then his tax obligations fall between 28,400 to 68,799.99 in gross taxable income, E. His tax obligations would therefore be 0.25E - 3,190.
Upon filing as the head of the household,then his tax obligations fall between $38,050 to $98249.99 in gross taxable earnings, E. His tax obligations would therefore be 0.25E - 4,305.
Being singleThe tax obligation for 68,799.99 in gross taxable earnings for a single person is 3,190, or around 4.64% of 68,799.99.
As the head of household,The tax obligation for a head of the household earning 98249.99 in gross taxable income would be $4,305, or around 4.38% of 98249.99.
Therefore, it is evident from the calculations and observations above that he would pay a lower proportion of tax if he filed as the head of household.
"Computation of Income" refers to the process of identifying the many sources of income. The various incomes are ultimately combined to form "Gross Total Income" for calculating income. Following the determination of income, the tax is calculated using the applicable income tax rate and the different income tax deductions that are permitted.
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you will be inclined to budget one way or another way based on your money
The statement 'you will be inclined to budget one way or another way based on your money' is true as one needs to asses his budget and then use his finances accordingly.
This is because everyone’s financial situation is different and so the approach to budgeting will be different too.
Those with a high income may be more inclined to budget with a goal of saving more money, while those with a lower income may be more inclined to budget with a goal of making every penny count.
Additionally, some people may budget to put more money towards luxuries and others may budget to save for the future.
Regardless of income level, budgeting is a important tool for personal financial management.
It can help you to set financial goals, track your spending, identify areas for improvement, and make sure you are making the most out of your money.
Budgeting can also be used to help you stay on top of bills, create a savings plan, and stay out of debt.
Although a part of your question is missing, you might be referring to this question:
You will be inclined to budget one way or another way based on your money. True or False
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Select each statement either the word "debit" or "credit. " 1. An asset account is increased with a. 2. Owner's equity is increased with a. 3. To place an amount on the left-hand side of the T account is to the account. 4. The prepaid insurance account is increased by entering a. 5. The drawing account is decreased by entering a. 6. The accounts payable account is decreased with a. 7. The owner's capital account is increased with a. 8. The wages expense account is increased with a. 9. The fees earned account is increased with a. 10. The equipment account is decreased with a
1. An asset account is multiplied with a debit
2. owner's fairness is increased with a credit
3. To place an amount on the left-hand side of the T account is to the account credit score
4. The prepaid insurance account is elevated by coming into a debit
5. The drawing account is decreased by way of coming into a debit
6. The debts payable account is reduced with a credit score
7. The owner's capital account is increased with a credit score
8. The wages fee account is extended with a debit
9. The fees earned account is accelerated with a credit
10. The equipment account is reduced with a debit
An account is a unique area in the fashionable ledger used for recording stability along with a history of adjustments to that stability. A widespread ledger carries all the bills for recording transactions referring to an organization's property, liabilities, proprietors' equity, sales, and prices.
An enterprise needs a device to manage its cash. Business debts are used to music the coins balance, money owed to the enterprise, money owed to lenders, and payroll paid to employees. The number of accounts a business needs will vary, but business accounts are time-honored for all corporations. bills payable are a listing of money owed the commercial enterprise owes to its lenders. Examples of those forms of money owed consist of mortgages, car notes, and contours of credit extended to the commercial enterprise via different groups. This account is different from ordinary business charges because they're lengthy-term or revolving debts. payments on this money owed are commonly allotted from the enterprise' checking account.
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FILL IN THE BLANK____________ activities involve purchasing goods from suppliers, designing and manufacturing products, and selling products to customers?
Operating activities involve purchasing goods from suppliers, designing and manufacturing products, and selling products to customers.
One who purchases goods or services from another company is referred to as a customer. Because they bring in money, customers are important. Organizations would cease to exist without them. One who purchases goods or services from another company is referred to as a customer. Customers are critical to a company's success because they provide income; without them, the company would have to close its doors. Client, consumer, buyer, and patron are a few synonyms for "customer." These terms each have a unique method of describing clients. A professional, such as an accountant or lawyer, may be hired by a client. One who purchases products or services is referred to as a consumer. The price and the number of units sold can both be influenced by customers.
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FILL IN THE BLANK.buying and selling of long-term assets such as land and equipment would be included in the ____ (operating/investing/financing) activities section of the statement of cash flows.
Purchases and sales of long-term assets such as land and equipment are included in the investing activity section of the statement of cash flows Investing activity in accounting refers to the purchase and sale of non-current assets and other business investments within a specified reporting period.
A company's reported investment activity reflects the total investment gains and losses incurred over a period of time .Investing cash flow is the section of the cash flow statement that shows cash generated or spent in connection with investing activities. Investing activities include purchasing real estate, investing in securities, or selling securities or assets. Negative cash flow from investing activities may not be a bad sign if management is investing in the long-term health of the company.
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suppose that in a barter economy tom bakes bread and hans produces chocolates. tom wants chocolates but hans doesn't like bread, so hans is unwilling to trade with tom. tom's problem is an example of which problem associated with a barter system?
Tom's problem is an example of the double coincidence of wants problem associated with a barter system.
What is a barter system?
A traditional way of the transaction is a barter system. Before money was ever established, this method was in operation for many years. People traded goods and services for other things and services in return. Using more advanced methods to facilitate transactions, bartering has made a resurgence today.
Internet, for instance. This practice used to just include locals, but currently, bartering occurs all around the world. On the opposite side, you can agree on the worth of the products you're bartering. One benefit of the barter system is the absence of money. By swapping an item you already own but no longer desire or need, you can purchase new items. Trading in this way is typically conducted through trade markets and online auctions.
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Destination weddings twenty-six percent of couples who plan to marry this year are planning destination weddings. In a random sample of 12 couples who plan to marry, find the probability that
a. Exactly 6 couples will have a destination wedding
b. At least 6 couples will have a destination wedding
c. Fewer than 5 couples will have a destination wedding
In order to answer this question, we employ the negative binomial formula. Consequently, the likelihood that precisely 6 spouses will wed abroad is 0.0511.
Rules of Probability
The Addition Rule states that P(A or B) = P(A) + P(B) - P(A and B)
2) The Multiplication Rule, which states that P(A and B) = P(A) * P(B|A) or P(B) * P(A|B)
The Complement Rule states that P(not A) = 1 - P(A).
Using the Law of Total Probability, P(A) is equal to P(A|B) * P(B) + P(A|not B) * P. (not B).
An illustration of how to calculate probability
For instance, multiplying the result by 100 to achieve 25%, divide the total of intended results even by total amount of possible events. If indeed the possibilities of a specific result are expressed in percentage, divide that fraction of a percent by 100 before multiplying it by the quantity of occurrences to obtain the likelihood.
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How do you calculate real GDP with base year and nominal GDP?
Real GDP is typically calculated by multiplying nominal GDP by the GDP deflator (R). The deflationary number, for instance, is 1.01 if an economy's prices have risen by 1% since the base year.
Real GDP is calculated as $1,000,000 / 1.01, or $990,099, if nominal GDP was $1 million. Because of inflation, the nominal GDP is "inflated." Similar to this, real GDP should be higher than nominal GDP in any year prior to the base year as long as inflation is positive. Since it is the most complete indicator of changes in an economy's overall price level, the GDP deflator is typically utilised for that purpose.
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what do you see as the competitive advantage of bww? be sure to discuss its value proposition.
Buffalo Wild Wings (BWW) is a chain of loosened-up eating bistros that invests critical energy in serving chicken wings, ale, and sports. A couple of likely high grounds for BWW could include:
Menu combination: BWW offers a broad assortment of menu things, including wings, burgers, sandwiches, and blended greens. Strong memorability: BWW has been around for over 30 years and has more than 1,200 regions in the US. This strong memorability could simplify it for BWW to attract clients.Sports-focused climate: BWW has known for its games-focused environment, with different TVs showing live games in each area. This may be particularly fascinating to enthusiastic allies and could give BWW an advantage over competitors.Brew decision: BWW has a huge assurance of draft and bundled ales, including both local and worldwide decisions.Learn more about Bww:
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as of december 31, 2022, alligator company has liabilities of $40,000 and stockholders' equity of $20,000. what are the liabilities for alligator company as of december 31, 2022?
As of December 31, 2022, the liabilities for Alligator Company are $40,000.
Liabilities are debts or obligations owed by a company to outside parties. This can include loans, accounts payable, and other forms of debt. In this case, the company has liabilities of $40,000 as of December 31, 2022.
Stockholders' equity, on the other hand, represents the residual interest in the assets of the company after deducting its liabilities. It represents the portion of the company that is owned by its shareholders. In this case, the stockholders' equity is $20,000 as of December 31, 2022.
It is important to note that the liabilities and stockholders' equity are both found on a company's balance sheet, which provides a snapshot of the company's financial position at a given point in time.
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_________________ refers to how many workers a supervisor can effectively and efficiently supervise.
Span of control refers to how many workers a supervisor can effectively and efficiently supervise.
Which chain of command describes how many workers a manager can effectively and efficiently manage?Answer and justification The term "Span of Control" describes how many employees a manager can effectively and efficiently manage. The span of control refers to the maximum number of workers that a manager may oversee successfully at any given time without jeopardizing that manager's own performance.
Which refers to the quantity of employees who answer to the supervisor?The term "span of control," sometimes known as "span of management," is used in business management, notably in the management of human resources. The phrase describes how many direct reports or subordinates a supervisor is in charge of.
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egally mandated arbitration is nonbinding arbitration. group startstrue or falsetrue, unselectedfalse, unselected
The statement "Legally mandated arbitration is nonbinding arbitration" is False.
Arbitration is an alternative dispute resolution method involving a neutral third party, an arbitrator, making a decision in a dispute. Binding arbitration means that the decision made by the arbitrator is final and binding on the parties, and they are required to comply with the award. On the other hand, non-binding arbitration means that the arbitrator's decision is not final, and either party can reject it.
Legally mandated arbitration is typically binding arbitration, meaning that the parties must comply with the arbitrator's decision. The purpose of legally mandated arbitration is to provide quick and efficient resolutions to disputes without requiring formal court proceedings.
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you have just started at a new company that specializes in providing contract services to the government. a new contract has been awarded to your company that has a specified budget and core set of deliverables. the project is to be developed in small iterations and releases, providing increasing functionality with each release. you have been assigned a liaison within the government to help facilitate development and answer any questions you have. you are concerned that the project requirements are restrictive, but any changes would require you to go through an approval process that can take several weeks. what should you do? answers a. ask the liaison to create a specialized process for this project b. meet with the team early in the project to flag potential changes c. use the waterfall project methodology d. build to specification
Control Board for Change (CCB). The project sponsor and other top management members are frequently included in this group of important stakeholders. Some businesses have a Modification Control Board that examines all project change requests.
If the client's requirements are constantly changing, how did you manage the project?Rearrange the scope: Simply move the additional requirements to a later stage of the project. Before putting this strategy into practice, it is important to clearly understand the new budgeting, resource allocation, and time requirements.
What are the three primary goals of change control?The main objectives of change control are to prevent unauthorized changes, lessen errors, and maximize resource allocation. To make the process more efficient, it should take the scope and complexity of the modification into account.
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How much is 150 pesos to dollars?
one hundred fifty mexico pesos is equivalent to $7.84 (USD) or seven dollars and 84 cents.
What is a dollar called?The $1 bill is referred to as a "buck" or "single." The rarely used $2 bill is often referred to as the "deuce," "Tom," or "Jefferson" (after Thomas Jefferson). More than 20 different currencies go by the name dollar. The first still-existing money with such a name was the United States dollar, which was founded in 1792 and named after the regional currency known as the Spanish dollar. Several other currencies exist, including the Australian dollar, the Brunei dollar, the Canadian dollar, the Eastern Caribbean dollar, the Hong Kong dollar, the Jamaican dollar, the Liberian dollar, the Namibian dollar, the New Taiwan dollar, the New Zealand dollar, the Singapore dollar, and the Trinidad and Tobago dollar.
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Candy Company had sales of $230,000 and cost of goods sold of $117,300. What is the gross profit margin (ratio of gross profit to sales)
The Gross profit margin is 49%
Calculation is shown and explained below,
Gross profit is the profit that is earned by the company after deducting the direct cost of sales of the product that is sold, Gross profit hold a great importance in preparation of company accounts, Gross profit margin is calculated as (Gross Profit / Sales) * 100.
The calculation of Gross profit margin,
Sales - Cost of Goods Sold = Gross profit
$230,000 - $117,300 = $112,700
Gross Profit / Sales * 100
$112,700/$230,000 *100
49%. Hence the Gross profit margin is 49%
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which of the following best describes the goal of the firm? group of answer choices maximizing the value of the firm's equity. maximizing the current dividend paid to shareholders. maximizing the firm's profits. minimizing the firm's risk. maximizing the value of the firm's debt.
Maximizing value of the firm's equity best describes goal of the firm.
What is equity?Equity, also referred to as shareholders' equity, is the amount of money that, in the event of a company's liquidation, its shareholders would receive following the sale of all of the company's assets and the payment of all of its debts. It is the value of sales in an acquisition less any liabilities that were not transferred with the company when it was sold. Shareholder equity can also serve as a proxy for a corporation's book value. Occasionally, equity may be given as payment-in-kind. It also reveals the number of shares in a corporation that each individual owns. Equity, which may be seen on a corporation's balance sheet, is one of the most often used pieces of data by analysts to assess a firm's financial health.
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you take out a 9 month, $1,000 loan at 8% annual simple interest. how much would you owe at the end of the 9 months (in dollars)? (round your answer to the nearest cent.)
You have a $1,000 loan at 8% annual simple interest with 9 months period. At the end of 9 months you have to pay $1,060.
Simple interest is the cost of a loan without taking compounding into account. Simply put, simple interest only relates to the principal amount.
Using the simple interest, the amount of interest is given by:
I = PRT
Where:
P = principal amount
R = interest
T = time period
Information available in the problem:
P = $1,000
R = 8% = 0.08
T = 9 months = 9/12 = 0.75 years
Plug these parameters into the formula:
I = 1,000 x 0.08 x 0.75 = 60
The amount you owe is the sum of the principal and the interest. Hence, the amount you have to pay is:
1000 + 60 = $1,060
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Make a list of skills that you presently possess that will assist you in getting a job. I put 50 pts
A list of skills you have that will assist you in getting a a job could be:
Professional qualificationsCommunicationEthicCreativityCritical thinkingWhat skills do you need to get a job?It is necessary for the candidate to have characteristics aligned with the job market, which today is competitive and values candidates with vision and good relationships with other individuals, as there is more and more integration in the world due to globalization.
Therefore, candidates must prepare themselves for the job market through professional and educational qualifications, being an ethical, creative and communicative individual.
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which of the following is true? multiple select question. the risk of a portfolio considers the standard deviations of each of the assets and how the assets change in regards to each other. the risk of a portfolio considers the standard deviations of each of the assets but not how the assets change in regards to each other. the risk of a portfolio of assets tends to be greater than for a single asset. the risk of a single asset is its standard deviation of returns.
Under efficient diversification:
The risk of a single asset is its standar deviation of returnsTke risk of a portfolio considers the standard deviations of each of the assets and how the assets change in regards of each otherEfficient diversification refers to the organizing principle of porftolio theory that maintains any risk-averse investors to search for the highest expected return for any particular level of portfolio risk. Efficient diversification is a strategy investors use to spread risk and provide protections and opportunities to earn money.
However, a portfolio with the highest potential return might not always be the best portfolio with the least uncertainty of return. A good portfolio has reliable and effective portoflio with varying degree of potential return and uncertainty.
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What Are the 4 Cs of Credit?
Although standards may vary from lender to lender, all lenders will consider the four main factors of capacity, capital, collateral, and credit when deciding whether or not to provide a loan.
How would you define credit?Credit is the trust that permits one party to lend money or assets to that other party, with the understanding that the second party will not immediately repay the first party but will instead repay it or return the resources at a later time. The capacity to access products or services or borrow money with the idea that you'll pay for them later is known as credit.
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91) `scheduled income` is the potential gross income a property is capable of producing:
Potential Gross Income (PGI) is the total annual income that a piece of property might generate if it were fully rented out and had no collection losses.
A method for determining the worth of the commercial real estate is the gross income multiplier. It is determined by dividing the sale price of the asset by the gross income it generates. Gross planned income, often known as PGI, is the entire amount of income a property will generate if it fully leases the subject property at the going market rate. Frankly, it is a desirable number that frequently differs from the real rent the property brings in. You may also determine the value of a property using the gross rent multiplier formula if you know the market GRM and the gross rental revenue the property generates: Property Value x Gross Rent Multiplier.
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the following information is given for an economy: labor force of an economy number of people (millions) total population30.3 children under the age of 166.1 retirees5.7 employed15.8 unemployed1.6 not actively seeking employment0.6 homemakers0.5 instructions: round your answers to one decimal place. a. how much of the population is older than 16? 24.2 million b. what is the size of the labor force? 17.4 million c. what is the labor force participation rate?
A) The population is older than 16 is 24.2 million
B) The size of the labor force is 17.4 million
C) The labor force participation rate is 71.9%
Total population = 30.3 million
Children under the age of 16 = 6.1 million
Retired = 5.7 million
Employed = 15.8 million
Unemployed =1.6
Not actively seeking employment = 0.6 million
Homemaker = 0.5
A. The population that is older than 16 = total population - children under the age of 16
= 30.3 - 6.1
= 24.2 million
B. size of the labor force = employed + unemployed
= 15.8+1.6 million
= 17.4 million
C. labor force participation rate =( labour force/ working age population) * 100
= (17.4/24.2) * 100
= 71.9%
The percentage of people 16 years of age and older who are employed or actively seeking employment is known as the labour force participation rate.
Because it illustrates the proportion of human resources that are readily accessible for the creation of products and services, it is a crucial indicator of the labour market.
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Which one of the following is not a key linkage among the four primary financial statements?
A.
The expenses in the income statement link to the total liability balance.
B.
The statement of cash flows links to ending cash in the balance sheet.
C.
The statement of stockholdersâ equity links to ending equity in the balance sheet.
D.
The income statement links to the ending retained earnings in the statement of stockholdersâ equity.
Answer is D. The expenses in the income statement are not linked to the total liability balance. An unpaid expense might at one point in time be listed as a liability; however, the total of liabilities and expenses is rarely the same.
A liability is defined in financial accounting as the future forfeitures of economic benefits that an entity must make to other entities as a result of previous transactions or other previous events, the resolution of which may result in the transfer or use of assets, the provision of services, or other future yielding of economic benefits.
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