Based on the information given the adjusting entry for accrued interest will include debit to Interest Expense of $20,000.
The appropriate adjusting entry to record the given transaction is:
Dakota Company journal entry
December 31, 2014
Debit Interest Expense
Credit Interest Payable $20,000
($800,000×10%×3/12)
(To record accrued interest)
Inconclusion the adjusting entry for accrued interest will include debit to Interest Expense of $20,000.
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Help help hep pelsss straightforward answer ASAP I’ll give points I need to pass class
Answer:
C. 1
Explanation:
C. 1
How does the value of the cars produced by the Japanese company within the United States impact the United States' Gross National Product (GNP), and why?
Answer:
:)
Explanation:
The cars it produces in the U.S. are added to U.S. GDP, but not U.S. GNP, as these cars use domestic factors of production (labor and resources), but are produced by a foreign nation. Conversely, the values are added to Japan's GNP, but not Japan's GDP.
2. The case says that Kayem Foods is not meeting its profit targets. Why is it difficult for this firm to make money in this market?
Companies often set target for themselves. The reasons why it is difficult for this firm to make money is that;
As a result of poor demand for the products It can be also be like due to the power or prestige gained over the years by the supermarkets is depreciating.This can be due to the small price margin or the price competition from other manufacturers.Losses encountered via the issue of Private LabelPoor marketing and advertisement strategy and poor budget allocation for it.Kayem Foods is a very popular brand. It is known to be a 4th generation family owned business. It has it headquartered in Chelsea, MA.
It is commonly known in the world to be the biggest processed meat company that is found in New England. They are based on natural casing, fully cooked and fresh sausage etc.
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2. It is estimated that over 100,000 students will apply to the top 30 MBA programs in the United States this year. a. Using the concept of net present value and opportunity cost, explain when it is rational for an individual to pursue an MBA degree. b. What would you expect to happen to the number of applicants if the starting salaries of managers with MBA degrees remained constant but salaries of managers without such degrees decreased by 20 percent? Why?
It will be rational for an individual to pursue an MBA degree when the net present value (NPV) is positive.
In order for the individual to know if tp pursue the degree, the net present value should be calculated and when it's positive, then the degree should be pursued.
In a situation where the NPV is negative, the degree should not be pursued. When the starting salaries of managers with MBA degrees remained constant but salaries of managers without such degrees decreased by 20 percent, the number of applicants for the MBA degree will increase.
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In general, which type of marketing do you think is most effective for events: push or pull marketing? If you were an event marketer, how would you decide how much push and pull marketing to use? Discuss how an event's ability to help us escape from everyday life and worries can be advantageous for marketeif you were an event marketer how would you decide how much push and pull marketing to use
Push marketing strategies in a way force the potential customer to consume by generating a need that previously did not exist through strategies such as great deals or discounts, bombastic advertisements, etc.
In turn, the pull marketing strategies seek to attract customers in a smoother way, that is, by convincing consumers about the essential characteristics of the product through medium and long-term transformations, such as changes in packaging.
Therefore, push strategies serve to generate consumption in the short term, while pull strategies serve to generate consumption in the medium and long term.
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What are three differences between a public sector and public corporations?
Explanation:
Comparison Table Between Public Sector and Public Limited Company (in Tabular Form) Public sector companies are controlled by the state or central government. ... A public sector company is not listed in the share market. A public limited company is listed in the share market and also requires going for an IPO.
A company's environmental sustainability strategy: ____________
a. is incompatible with the triple-bottom-line approach because it does not take into account people and profits.
b. always takes a back seat to strategies designed to improve a company's standing in the marketplace.
c. entails business practices that meet the needs of the future by rationing what is provided to present-day customers.
d. has a strong historical correlation with increases in the well-being of the environment and economic growth.
e. consists of a company's actions to protect the environment, provide for the longevity of natural resources, and maintain ecological support systems for future generations.
Answer:
A sustainability or corporate responsibility strategy is a prioritised set of actions. It provides an agreed framework to focus investment and drive performance, as well as engage internal and external stakeholders. The starting point for any strategy needs to be why the company is in business.
Explanation:
letter E is the answer
Which is a TRUE statement about how profit can be an incentive for entrepreneurs?
A
Profit outweighs the risks of opening a business.
B
Profit can increase competition in a market economy.
С
Profit encourages shareholders to open their own businesses.
D
Profit makes the gap between the rich and poor more noticeable.
The true statement regarding the profit of an entrepreneur is D. makes the gap between the rich and poor more noticeable.
Profit simply means the gain that's derived from the sale of a particular commodity. It should be noted that profit is the difference between the total revenue and the total cost.
It should be noted that profit can be an incentive for entrepreneurs as makes the gap between the rich and poor more noticeable.
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Answer:
A
Explanation:
I had just got that question wrong but the correct answer is A.
7 thousand shares of treasury stock of Marker, Inc., previously acquired at $14 per share, are sold at $20 per share. The entry to record this transaction will include a
Based on the information given the entry to record this transaction will include a credit to additional paid-in capital for $42,000.
Marker, Inc. Journal entry
Debit Cash $140,000
(7,000 shares×$20 per share)
Credit Treasury stock $98,000
(7,000 shares×$14 per share)
Credit Additional paid-in capital - treasury stock $42,000
[($20-$14)×7,000 shares]
(To record treasury stock)
Inconclusion the entry to record this transaction will include a credit to additional paid-in capital for $42,000.
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advantages of apron in points
Question 1 of 15.
#1. Objective A: Left Turn
True False
Mark for follow up
Based on the question above, the correct answer goes thus:
TrueObjectivityTo be objective implies that you State facts as it is devoid of your opinions. According to the available text, left turn is true
In conclusion, we can conclude that the correct answer is true
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Help pls
Bob is a funeral director. What might be one task that Bob performs as part of his job?
Question 9 options:
arranging for daily care for an elderly person
running a local food bank that delivers meals
placing an obituary in the local newspaper
organizing a community roadside clean up
Answer:
c
Explanation:
placing obituary in the local newspaper
Answer:
In my opinion i think that the answer would be...
A.arranging for daily care for an elderly person
Explanation: Trust me! Hope this help you! Let me know if its correct good luck! :)
Define assets and liabilities and give an example
No entiendo el ingles me pueden decir como le cambio el idioma
Please help for this question
Answer:
task based maybe ?
Explanation:
if it's correct than mark me brainliest
Which of the following will shift the
LRAS Curve to the left?
A. increase quantity of laborers
B. decrease in quantity of laborers
C. increase quality of laborers
Answer: B
Explanation:
4-1) Consider any organization you are aware of from work, study, or the media. How do they manage people? Do people in those organizations feel important?
4-2) What is your personal experience of performance appraisal and/or performance related pay? Consider the arguments made in this course, which best fit your experience? Ask two of others for their experience and briefly describe the appraisal system you want.
you can give your own opinion in brief
There are different organizations with different ways of management of resources and personnel. The answers to the questions is below;
In the organization that I had worked for, I can say they have a good management. They are very direct in their management, they make you understand your duties and they make sure all follow the process outline. There are often consequences if one fails to perform his or her duties but their management was great and it lead to the growth of the organization.
People in those organizations feel important because the organization value them, value their input and personal wellbeing as well as their growth.
I worked in the accounting/ sales management unit for some months and I can say it was a good experience for me as I got to known more about using good software that makes it easy to work. I did a get job from the onset of my work. The Managing director was happy and had to increase my salary in the first month.
I can say my experience was more of educative as I learnt a whole lot of things. The Experience of the others was a little different from mine but they both believe that they did grow intellectually and morally.
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Tide Corporation has traditionally made a subcomponent of its major product. Annual production of 30,000 subcomponents results in the following costs: Direct materials $ 250,000 Direct labor $ 200,000 Variable manufacturing overhead $ 190,000 Fixed manufacturing overhead $ 120,000 Tide has received an offer from an outside supplier who is willing to provide the 30,000 units of the subcomponent each year at a price of $28 per unit. Tide knows that the facilities now being used to manufacture the subcomponent could be rented to another company for $80,000 per year if the subcomponent were purchased from the outside supplier. There would be no effect of this decision on the total fixed manufacturing overhead of the company. Assume that direct labor is a variable cost. At what price per unit charged by the outside supplier would Tide be indifferent between making or buying the subcomponent
An amount of $24 per unit will need to be charged by the outside supplier to make Tide be indifferent between making or buying the subcomponent.
Relevant cost per unit to make = (Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead) / Total sub-component unit
Relevant cost per unit to make = ($250,000 + $200,000 + $190,000 + $80,000) / 30,000 units
Relevant cost per unit to make = $24
Hence, the indifferent price is $24 per unit
Therefore, an amount of $24 per unit will need to be charged by the outside supplier to make Tide be indifferent between making or buying the sub-component.
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The production report for Glenway Company for February contained the following information: Work in process, beginning of the month - 3,500 units; 1 / 5 completed Units completed and transferred to finished goods - 25,000 Work in process, end of month - 4,000 units; 1 / 4 completed Production costs for the month were: materials - $25,325; labor - $20,175; overhead - $38,950. Costs in beginning work in process were $5,250. What is the cost per equivalent unit?
a. $3.45
b. $3.59
c. $3.20
d. $3.25
Based on the information the cost per equivalent unit $3.45.
First step is to calculate the units produced During Month
Units Completed and Transferred out 25,000
Work in Progress End of Month 1,000
(4000 × 1/4)
Units Produced During Month 26,000
(25,000+1,000)
Second step is to calculate the total costs for the month
Materials $25,325
Labor $20,175
Overhead -$38,950
Costs in beginning work in process $5,250
Total Costs For Month $89,700
Third step is to calculate the cost per unit
Cost per Equivalent Unit =$89700/26000
Cost per Equivalent Unit=$3.45
Inconclusion the information the cost per equivalent unit $3.45.
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Roberto, Incorporated manufactures products A and B. Both products have a contribution margin ratio of 40%. What is the contribution margin per unit of the constrained resource for product B, if labor time is the constrained resource? multiple choice $2 per minute $3 per minute $6 per minute $8 per minute
The contribution margin per unit of the constrained resource for product B, if labor time is the constrained resource is $3 per minute.
Using this formula
Contribution margin per unit = Contribution per unit / Limiting Factor required per unit
Where:
Contribution per unit=$6
Limiting Factor required per unit=2
Let plug in the formula
Contribution margin per unit=$6/2
Contribution margin per unit=$3 per minute
Inconclusion the contribution margin per unit of the constrained resource for product B, if labor time is the constrained resource is $3 per minute.
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The T-Shirt Factory purchased 12 futures contracts on cotton at a quoted price of 55.50 as a hedge against its inventory needs. At the time it actually needed the cotton, the spot price was 56.10. Cotton futures are based on 50,000 pounds and quoted in cents per pound. How much did the Shirt Factory save by hedging cotton?
A. $1,280
B. $560
C. $2,400
D. $3,600
Answer:
D
Explanation: ……….
Help help help help help help
Answer:
Pretty sure its A
Which of the following statements is true regarding Laura, an individual taxpayer who dies in 2021 with a gross estate of $10,000,000?
a. No estate tax will be due if Laura has no prior year transfers.
b. For estates of any decedent passing away in calendar year 2020, the basic exclusion amount is $10,000,000.
c. Laura will owe estate tax because her estate is more than $5,000,000 in 2020.
d. Estate tax is due because $10,000,000 is less than Laura's basic exclusion amount.
Based on current tax laws, a. No estate tax will be due if Laura has no prior year transfers.
From the year 2018 to 2025:
Single taxpayer estates have a basic exemption of $11.58 million Married taxpayer estates have a basic exemption of $22.36 millionThis means that if Laura's estate made no transfers in prior years, her estate would be below the exemption amount of $11.58 million and there would be no estate tax.
In conclusion, there would be no estate tax.
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dentify the situation below that will result in a favorable variance. Multiple Choice Actual revenue is lower than budgeted revenue. Actual revenue is higher than budgeted revenue. Actual income is lower than expected income. Actual costs are higher than budgeted costs. Actual expenses are higher than budgeted expenses.
There are different ways firms generate revenues. The option that leads to favorable variance is when Actual revenue is higher than budgeted revenue.
Budget variance is known to be the difference between the budgeted amount of expense or revenue, and the actual amount.
The budget variance is said to becomes favorable when the actual revenue is higher than the budget or when the actual expense is less than the budget.
If revenue of a firm is higher than the budget or the actual expenses are less than the budget, this is known to be a favorable variance.
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Miguel's lab group is conducting an experiment that involves dissolving different amounts of sugar and salt in test tubes. Which safety procedure is the MOSTappropriate for this experiment?
Answer:
Use a lead apron to protect against radiation.
Explanation:
Bren Company sold a car for $17,100. The cost of the car was $37,000 and the depreciation expense was recorded at 10% for five and a half years. What was the gain or loss on disposal?
The loss on the disposal of the car is $-16,200.
The first step is to determine the total depreciation on the car.
Depreciation expense = percentage depreciation x cost of the asset
$37,000 x 0.1 = $3700
The second step is to determine the book value of the car = cost of the car - depreciation
$37,000 - $3700 = $33,300.
The book value is greater than the selling price of the car, so there was a loss on the sale. The third step is to determine the gain on the sale.
Loss = $17,100 - $33,300 = $-16,200
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What trick of trust describes why companies trying to sell you something will often use terms like 'limited edition' or 'limited time deal', or even put countdowns of time left or number of items left on the screen
The trust trick for making sales using terms like "limited edition" or putting countdowns of time and remaining items for an offer is called the scarcity technique.
Scarcity marketing can be understood as a way to activate psychological triggers to generate purchase desire in consumers through product shortages, as people tend to perceive limited quantities as more valuable.
This strategy to drive sales will be effective if it meets three criteria:
It is usefulIt is transferable between peopleIt has the potential to be possessedTherefore, companies can gain significant advantages by implementing the scarcity technique, increasing sales and generating greater value for the consumer.
This strategy needs to be used sparingly so as not to create too much pressure on the consumer to make a purchase and not to generate an image of poor inventory management.
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At the beginning of the year, The Mann Corporation, a private entity, decided to go public.
A charter of incorporation was constructed which authorized the sale of 10 million shares of $8 par value common stock, 100,000 shares of $800 par value, 8% preferred stock, and 200,000 shares of $40 no-par-value convertible preferred stock.
The following shares were sold as part of the firm's initial public offering:
* 1,000,000 shares of common stock at $80 per share.
* 100,000 shares of $800 par value, 8% preferred stock at $840 per share.
* 100,000 shares of $40 convertible, no-par preferred stock at $440 per share.
At year-end, the full dividend was declared and paid on both preferred stock offerings.
Required
Using a spreadsheet, record the financial effects of the shareholders' equity transactions for The Mann Corporation for the year.
Enter amounts in thousands (i.e., $10,000,000 = $10,000). Use a negative sign with answers to indicate a reduction in an account balance.
The Mann Corporation
Transaction (in thousands)
Common
Shares IPO
8% Preferred
IPO
No-par
Preferred IPO
8% Preferred
Dividend No-par
Preferred
Dividend Balance
Sheet
Totals
Assets
Cash $Answer $Answer $Answer $Answer $Answer $Answer
Shareholders' Equity
Common Stock Answer Answer Answer Answer Answer Answer
APIC - Common Answer Answer Answer Answer Answer Answer
$100 Preferred Stock Answer Answer Answer Answer Answer Answer
APIC-Preferred Answer Answer Answer Answer Answer Answer
$5 Conv. Preferred Answer Answer Answer Answer Answer Answer
Retained Earnings Answer Answer Answer Answer Answer Answer
Total Shareholders' Equity
The financial effects of the Mann Corporation's shareholders' equity transactions are recorded as follows:
The Mann Corporation
Transactions (in thousands)
Common 8% Preferred No-par Prefer- 8% No-par B/Sheet
Shares IPO Shares IPO red IPO Dividend Dividend Totals
Assets:
Cash $80,000 $84,000 $44,000 ($6,400) ($4,000) $197,600
Shareholders' Equity:
Common Stock $8,000 APIC- Common $72,000
8% Preferred Stock $80,000
APIC- Preferred $4,000
$40 Conv. Preferred $44,000
Retained Earnings ($10,400)
Total Shareholders' Equity $197,600
Data and Calculations:
Authorized Shares:
10 million shares, Common Stock at $8 par value
100,000 shares, 8% Preferred Stock at $800 par value
200,000 shares, Convertible Preferred Stock of $40 no-par value
Analysis of Sales of Shares:
Cash $80 million Common Stock $8 million Additional Paid-in Capital-Common Stock $72 million, 1,000,000 shares issued at $80
Cash $84 million 8% Preferred Stock $80 million Additional Paid-in Capital-8% Preferred Stock $4 million 100,000 shares issued at $840
Cash $44 million Convertible Preferred Stock $44 million
Calculation of Dividends:
8% Preferred Dividend = $6,400,000 ($80 million x 8%)
$40 Convertible Preferred Dividend = $4,000,000 (100,000 x $40)
Thus, the calculation of the dividend of the $40 non-par Convertible Preferred Stock is based on the $40 x 100,000 shares in issue because the $40 is its implied dividend rate just as the 8% is the implied dividend rate of the 8% Preferred Stock.
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Evaluating debt burden. Ted Phillips has a monthly take-home pay of $1,685; he makes payments of $410 a
month on his outstanding consumer credit (excluding the mortgage on his home). How would you
characterize Isaac's debt burden? What if his take-home pay were $850 a month and he had monthly credit
payments of $150?
According to the the question, the debt safety ratio is 24.33% on the payment of $410 where on the payment of $150 the debt safety ratio is 17.65%.
What do you mean by the debt safety ratio?While your debt safety ratio measures your monthly consumer debt payments to your monthly take-home pay, your debt service ratio compares your total monthly loan payments to your gross monthly income.
This ratio primarily considers debt commitments, such as your mortgage, instalment, and personal responsibilities, that will not be paid off by the minimum needed payments within the next 10 months, and ignores current liabilities.
Debt safety ratio = Total monthly credit payment / monthly take home pay.
Therefore,
On the monthly credit payment = $ 410
Monthly take payment = $ 1685
Debt safety ratio = 410 / 1685 = 0.2433 = 24.33%.
Here,
On the monthly credit payment = $ 150
Monthly take payment = $ 850
Debt safety ratio = 150 / 850 = 0.1765 = 17.65%.
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Help help help help buissness
Answer:
A.
Explanation:
Pa brainliest please thank you
correct me if I'm wrong:)
#CARRYONLEARNING
Answer:
A
Explanation:
Learners with a _____ learning style prefer reading, writing, and speaking. naturalistic logical/mathematical verbal/linguistic none of the above
Answer:
Verbal/linguistic learners prefer learning activities that involve reading, writing, and speaking.
Explanation: