Answer:
A document used to summarize a job applicant's experience, education, and achievements is called a resume or a curriculum vitae (CV).
Explanation:
A resume is typically a one-page document that highlights a job applicant's most relevant experiences, education, and achievements, while a CV is a longer document that provides a more comprehensive overview of a job applicant's career. Both documents are used to showcase a job applicant's skills and qualifications and help potential employers to determine if the applicant is a good fit for a particular role.
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True or False: When firms in a purely competitive firm are earning profits below normal, the supply of the product will tend to decrease in the long run.
Q1. A manufacturing firm has discontinued production of a certain unprofitable product
line. This created considerable excess production capacity. Management is considering to
devote this excess capacity to one or more of three product 1,2 and 3. The available capacity
on the machines which might limit output are given below:
Machine type Available time
(in machine hours per week)
Milling
machine
250
Lathe 150
Grinder 50
The number of machine hours required for each units of the respective product is given
below;
Machine type Productivity (in machine hours/unit)
Product 1 Product 2 Product 3
Milling 8 2 3
Lathe 4 3 0
Grinder 2 0 1
The unit profit would be 20 birr, 6 birr and 8 birr for products 1,2 and 3. Find how much of
each product the firm should produce in order to maximise profit ? Solve the problem by
simplex method.
The simplex method is a linear programming technique used to find the maximum value of a linear objective function subject to constraints represented by linear equations or inequalities.
How do we use this method?Here's how you can solve this problem using the simplex method:
Formulate the problem as a linear program:
The objective is to maximize the total profit, which is given by 20x1 + 6x2 + 8x3, where x1, x2, and x3 are the number of units of products 1, 2, and 3, respectively. The constraints are the available machine time, which are:
8x1 + 4x2 + 2x3 <= 250 (milling machine)
3x1 + 3x2 <= 150 (lathe)
x3 <= 50 (grinder)
Create a simplex tableau:
The simplex tableau is a matrix used to keep track of the variables and the coefficients of the objective function and the constraints. The first row of the tableau is the objective function, the rest of the rows are the constraints. The last column is called the "result" column and contains the values of the variables and the objective function.
Choose a basic variable:
In the first iteration, we will choose x1 as the basic variable, since it is the only non-negative variable in the objective function. We will write x1 in terms of x2 and x3 using the first constraint:
x1 = (250 - 4x2 - 2x3)/8
Update the simplex tableau:
Substitute x1 in the objective function and in the rest of the constraints:
20 * (250 - 4x2 - 2x3)/8 + 6x2 + 8x3
3x2 <= 150
x3 <= 50
Check for optimality:
Check if all the coefficients in the objective function are non-negative. If so, the current solution is optimal and the problem is solved. If not, choose the next basic variable and repeat steps 3 and 4.
Repeat steps 3 to 5 until optimality is reached:
In the second iteration, we will choose x2 as the basic variable. Substitute x2 in the objective function and in the rest of the constraints, and check for optimality. Repeat this process until the coefficients in the objective function are non-negative, indicating that the solution is optimal.
The final solution will give the number of units of each product that the firm should produce in order to maximize profit.
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cameron, a broker with a firm in little rock, is reconciling his property management trust account and is about to perform the monthly trust account reconciliation required by the arkansas real estate commission. to complete the reconciliation, he needs to gather his bank statement, his journal of security deposits, and
His ledger of transactions for the trust account. Once Cameron has gathered these documents, he will need to compare the transactions recorded in his journal of security deposits and ledger with those reflected in his bank statement.
He should ensure that all deposits, withdrawals, and fees recorded in his ledger and journal match the corresponding entries in his bank statement. If there are any discrepancies, Cameron will need to investigate and determine the cause of the discrepancy. He may need to review his records, contact his bank or clients, or seek the assistance of his firm's accounting department. After reconciling the trust account, Cameron should prepare a trust account reconciliation report, which includes a summary of the account's activities for the month, a list of outstanding deposits and withdrawals, a list of fees, and any other pertinent information. This report should be retained in his files and made available for review by the Arkansas Real Estate Commission, if requested. It's important for brokers like Cameron to perform regular trust account reconciliations to ensure that their clients' funds are properly managed and accounted for. Failing to do so can result in serious consequences, including fines, license suspension or revocation, and even criminal charges.
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Economic cooperation mechanism for the whole ASEAN +3
The ASEAN's ten member states as well as their eight foreign partners are referred to as participating in economic interdependence.
What is ASEAN ?ASEAN stands for Association of Southeast Asian Nations aimed to encourage financial and political growth in the country in order to develop infrastructure and standard of living of people.
ASEAN is incorporated into the global economy with a focus on the Multilateral mechanism through Free Trade Agreements (FTA) and Closer Economic Partnership (CEP).
Even with tariffs on imported goods being reduced or perhaps abolished, it enables nations in the region to engage in more commerce for goods and services.
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Consider the market for new higher-end televisions____________. When income increases, the demand for new televisions Therefore new televisions are goods__________. Select the correct answer below: increases; inferior decreases; inferior increases; normal
Consider the market for new higher-end televisions increases. When income increases, the demand for new televisions Therefore new televisions are goods normal.
The demand for all goods rises together with an increase in income.A typical good is one whose demand rises as consumer spending increases. In other words, as incomes rise, so does demand for common goods, whereas incomes fall and employment levels rise, respectively.
When income rises, demand for the good will rise, and when income declines, demand for the good will fall.The amount of a good that a consumer is willing and able to purchase typically has a positive (direct) relationship with their income. In other words, demand for these commodities will rise in line with income increases and fall in line with income decreases.
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Which of the following rules correctly distinguishes between the rules for net capital losses and net operating losses?A. the NOL carry forward from a prior year is considered in calculating the current year NOLB. A capital loss from carried forward from a prior year can be offset against current year capital gainsC. Capital losses can be carried back from a subsequent year and deducted against capital gains when in the prior year the corporation reported an NOL.
Rule (B) a carried forward capital loss from a prior year may be utilized to offset a current year's capital profits accurately distinguishes between the rules for net capital losses and net operating losses.
What are net capital losses and net operating losses?The phrase "net short-term capital loss" refers to the difference between short-term capital losses for the year (including any carried-over, unused short-term capital losses from prior years) and short-term capital gains.
The difference between the taxpayer's deductions and gross revenue, as modified as follows, is the individual's net operating loss: If you have NOL carrybacks or carryovers from a previous tax year, you cannot claim the NOL deduction.
The number of capital gains may not exceed the deduction for business and nonbusiness capital losses.
A carried-forward capital loss from a previous year may be used to offset a current year's capital profits.
Therefore, rule (B) a carried forward capital loss from a prior year may be utilized to offset a current year's capital profits accurately distinguishes between the rules for net capital losses and net operating losses.
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Which of the following best explains the role of the sponsor in ranking and selecting strategic projects?
a. The sponsor decides whether to pursue a project based on its value to the organization.
b. Once the project team evaluates a project, the sponsor makes the final decision on whether to accept or reject.
c. The sponsor collects data and information about the project's value to the organization.
A. The sponsor decides whether to pursue a project based on its value to the organization.
The sponsor plays a pivotal part in opting and ranking strategic systems by deciding whether to pursue a design grounded on its alignment with the association's pretensions and objects, implicit return on investment, and other factors.
The sponsor provides the original backing and support to initiate the design and ensures that the design is aligned with the association's overall strategy. Once the sponsor approves the design, the design platoon evaluates and implements the design grounded on the sponsor's guidance and support.
Throughout the design, the sponsor plays a critical part in furnishing oversight and guidance to the design platoon. The sponsor should review the design's progress and identify any issues or pitfalls that may affect the design's success. The sponsor should also be available to the design platoon to give guidance or support as demanded.
Eventually, the sponsor part is to insure that the design is successful and meets the association's conditions, and they can do so by being laboriously engaged in the design and working nearly with the design platoon.
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The net income of Novis Corporation is $85,000. The company has 25,000 outstanding shares and a 100% payout policy. The expected value of the firm one year from now is $1,725,000. The appropriate discount rate for Novis is 12%, and the dividend tax rate is 0. What is the current value of the firm assuming the current dividend has not yet been paid? What is the ex-dividend price of Novis's stock if the board follows its current policy? At the dividend declaration meeting, several board members claimed that the dividend is too meager and is probably depressing Novis's price. They proposed that Novis sell enough new shares to finance a $4.60 dividend. Comment on the claim that the low dividend is depressing the stock price. Support your argument with calculations. If the proposal is adopted, at what price will the new shares sell? How many will be sold?
The number of new shares sold will depend on how much Novis needs to raise to pay the proposed dividend of $4.60 per share. Current price and ex-dividend price are terms used in the context of stock dividends.
To find the current value of the firm, we can use the dividend discount model: Current value of the firm = (Net income / (1 - payout ratio)) / discount rate - expected value of the firm, where the payout ratio is 100% (as stated in the problem).
Plugging in the given values, we get:
Current value of the firm = ($85,000 / (1 - 1)) / 0.12 - $1,725,000 = -$625,000
This means that the current value of the firm is negative, which indicates that the company is not generating sufficient cash flows to meet its dividend obligations and grow the firm.
The ex-dividend price of Novis's stock can be calculated using the following formula:
Ex-dividend price = Current price - Dividend amount
Since the payout ratio is 100%, the dividend amount is equal to the net income per share, which is $85,000 / 25,000 = $3.40.
Assuming the current price of Novis's stock is positive, we can calculate the ex-dividend price:
Ex-dividend price = Current price - $3.40
The claim that the low dividend is depressing the stock price may or may not be true, depending on the investor's preferences. Some investors prefer high dividends, while others prefer companies that reinvest their earnings to grow the business. However, the proposal to sell new shares to finance a higher dividend is likely to be negative for the stock price. To see why, let's assume Novis sells x new shares at a price of p per share to raise enough funds to pay the proposed dividend of $4.60 per share. The amount raised will be xp, and the total dividend payment will be $4.60x. The new number of outstanding shares will be 25,000 + x, and the new dividend per share will be ($85,000 + $4.60x) / (25,000 + x). Assuming the expected value of the firm remains the same, we can use the dividend discount model to find the ex-rights stock price (i.e., the price of the stock after the new shares are issued):
Ex-rights stock price = (Net income + New dividend amount) / (1 - payout ratio) / Discount rate - Expected value of the firm
Plugging in the given values, we get:
p = (($85,000 + $4.60x) / (25,000 + x) + $85,000 / 25,000) / (1 - 1) / 0.12 - $1,725,000
Simplifying this expression, we get:
p = (0.012x + 45.4) / (25,000 + x) - $67.50
To maximize the stock price, Novis should aim to set p as high as possible. However, the price sensitivity of demand for new shares is likely to limit how high the price can be. Furthermore, the dilution of earnings resulting from the new shares is likely to put downward pressure on the stock price. In conclusion, the claim that the low dividend is depressing the stock price may or may not be true, depending on the investor's preferences. However, the proposed solution of selling new shares to finance a higher dividend is likely to be negative for the stock price, as it increases the number of outstanding shares and dilutes earnings per share. The price of the new shares will depend on the price sensitivity of demand, but it is likely to be lower than the current price of Novis's stock.
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when drafting a report on a nonissuer's financial statements, an auditor would express an unmodified opinion with an emphasis-of-matter paragraph for
The auditor decides to make reference to the audit of a component auditor as a basis, in part, for the auditor's opinion.
An auditor would generally issue an unmodified audit opinion without an emphasis-of-matter paragraph when the auditor decides to make reference to the audit of a component auditor as a basis, in part, for the auditor's opinion. The auditor would modify his/her report, but would not add an emphasis-of-matter paragraph.
When an auditor offers an unqualified opinion regarding financial accounts of a company, what does that mean?When the auditor is able to determine that the financial statements reflect true and fair perspective and comply in all material aspects with the applicable financial reporting framework, an unmodified opinion is given.
With an emphasis-of-matter paragraph added to the auditor's report, an auditor would provide an unqualified opinion for the following: An unwarranted accounting change may cause the auditor to offer a qualified or unfavorable opinion.
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Complete question:
Under U.S. auditing standards, in which of the following situations would an auditor ordinarily issue an unmodified audit opinion without an emphasis-of-matter paragraph?
If an auditor concludes that there is substantial doubt about an entity's ability to continue as a going concern and that the entity's disclosures are adequate, then the audit report may be either:
As discussed in note T to the financial statements, the company changed its method of computing depreciation in Year 2.The auditor decides to make reference to the audit of a component auditor as a basis, in part, for the auditor's opinion.An auditor would generally issue an unmodified audit opinion without an emphasis-of-matter paragraph when the auditor decides to make reference to the audit of a component auditor as a basis, in part, for the auditor's opinion. The auditor would modify his/her report, but would not add an emphasis-of-matter paragraph.Marketers considering operations and trade with a specific country must consider whether or not the country belongs to a trading bloc. A trading bloc is a group of countries that have established a formal agreement to manage trade activities. using the same currency. with similar cultural shopping patterns. located next to each other. with similar political views.
In a common market, nations permit unrestricted trade as well as internal movement of labor, capital, and people.
In order to achieve the economic objectives of the European Union, all member states of the European Union participate in Economic and Monetary Union (EMU). Estonia is a part of the EU as a result. The member states of the European Union that have chosen to use the euro as their official currency make up the European Union. A regional collection of nations having a single external tariff, no internal tariffs, and coordinated policies to encourage trade among members is referred to as a common market or trading bloc. A group of governments that have signed a legal agreement and implemented a single external tariff constitute a common market.
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Jack is going over financial numbers for a proposed project.Which of the following system analyst skills is heexhibiting currently?a)Technicalb)Businessc)Analyticald)Interpersonale)Management
Based on the information provided, Jack's current system analyst skill is analytical. Analytical abilities include the capacity to investigate and analyze data, recognize.
patterns, and develop conclusions based on the findings. In this scenario, Jack is evaluating financial statistics for a proposed project, which necessitates the use of analytical abilities to analyze the project's viability and prospective results. Based on the information provided, Jack's current system analyst skill is analytical. Analytical abilities include the capacity to investigate and analyze data, recognize. patterns, and develop conclusions based on the findings. In this scenario, Jack is evaluating financial statistics for a proposed project, which patterns, and develop conclusions based on the findings. In this scenario, Jack is evaluating financial statistics for a proposed project, which necessitates the use of analytical abilities to analyze the project's viability and prospective results. the use of analytical abilities to analyze the project's viability and prospective results.
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your next decision is to select the backpack's special features. different features will appeal to different market segments. while features help our backpacks standout in the market, they also add to the production cost, so any of your choices should keep in mind impacts on the cost of production and feature desirability. which of the following combination of special features is the least expensive?
Cartoon Graphic and Laptop Sleeve are combination of special features is the least expensive when different features will appeal to different market segments.
Market segments: what are they?A marketing approach known as market segmentation involves identifying specific customer groups in order to promote particular items or product lines to them in a way that appeals to their interests.
Market segmentation is a technique used in marketing that involves breaking up a large consumer or corporate market into smaller groups of consumers based on shared traits. Typically, this procedure involves existing and future clients. Although the four primary categories of market segmentation are thought to be geographic, demographic, psychographic, and behavioural, there are many more approaches you can take, as well as many variants on the four primary types. You might want to investigate the following other techniques.
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Joni Skysong Inc. has the following amounts reported in its general ledger at the end of the current year.
Organization costs $22,600
Trademarks 13,300
Discount on bonds payable 35,600
Deposits with advertising agency for ads to promote goodwill of company 10,600
Excess of cost over fair value of net identifiable assets of acquired subsidiary 75,600
Cost of equipment acquired for research and development projects;
the equipment has an alternative future use 85,600
Costs of developing a secret formula for a product that is expected
to be marketed for at least 20 years 80,200
(a) On the basis of this information, compute the total amount to be reported by Skysong for intangible assets on its balance sheet at year-end.
Total amount reported for intangible assets $enter the total dollar amount to be reported for intangible assets
$88,900 is the total amount to be reported by Skysong for intangible assets on its balance sheet at year-end.
What are intangible assets?Intangible assets are the ones that do not have any type of physical value to the substances that were to be made. This was to ensure that there will be goodwill, trademark, and copyright all to be a part of the assets
Trademarks as well as the cost over the fair value that was to e derived from the identifiable asset that the company has gained from the subsidiary will be calculated as:
= 13,300 + 75,600
= $88,900
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In 2022, Alliant Corporation acquired Centerpoint Incorporated for $326 million, of which $56 million was allocated to goodwill. At the end of 2024, management has provided the following information for a required goodwill impairment test: Fair value of Centerpoint Incorporated $ 238 million Book value of Centerpoint’s net assets (excluding goodwill) 214 million Book value of Centerpoint’s net assets (including goodwill) 270 million Exercise 11-31 (Algo) Part 2 & 3 Determine the amount of goodwill reported in the year-end 2024 balance sheet. Determine the amount of the impairment loss assuming that the fair value of Centerpoint is $294 million. Note: For all requirements, enter your answer in millions (i.e., 10,000,000 should be entered as 10).
2. Goodwill million
3. Impairment loss million
The amount of goodwill reported in the year-end 2024 balance sheet is $24 million. The amount of the impairment loss assuming that the fair value of Centerpoint is $294 million is zero.
Goodwill, in accounting, refers to an intangible asset associated with the purchase of one company by another. It represents the value that can provide the acquiring company with a competitive advantage.
It is the portion of the purchase price which is higher than the sum of the net fair value of the assets purchased in the acquisition and the liabilities assumed in the process. Goodwill is represented by a company’s name, loyal customer base, brand reputation, solid customer service, good employee relations, and proprietary technology and are the reason one company may pay a premium for another. In the given case, the amount of goodwill is given by:
Amount of goodwill reported in the year 2024 end sheet = Fair value of Centerpoint incorporated – Book value of Centerpoint’s net assets (including goodwill) + Allocated goodwill
= $238 million – $270 million + $56 million = $24 million
An impaired asset refers to an asset whose market value is less than the value listed on its owner's balance sheet. Hence,
Impairment loss = Book value of goodwill – Implied fair value of goodwill
= $56 million - $24 million = 32 million
Impairment value is obtained when the recoverable value of the non-current asset is less than the book value of the non-current asset. Assuming the fair value of Centerpoint is $294 million, the recoverable value of the non-current asset is more than the book value of the non-current asset. The reporting unit's fair value, $294 million, is greater than the book value, $270 million; therefore, there is no impairment loss. Hence, the impairment loss, when the fair value of Centerpoint Inc. for $294 million, is "Zero."
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rimas Corporation reported pretax book income of $1,000,000. Included in the computation were favorable temporary differences of $200,000, unfavorable temporary differences of $50,000, and favorable permanent differences of $100,000. Compute the company’s book equivalent of taxable income. Use this number to compute the company’s total income tax provision or benefit.
The company’s total income tax provision or benefit is $306,000.
What is income tax provision?A tax provision is the estimated amount of income tax that a company must pay to the IRS for the current fiscal year. It is just one type of provision set aside by corporate finance departments to cover a possible future expense.
Assuming That the Tax Rate is 34%, the computation of total income tax benefits taken under the tax rate of 34% is as follows:
Pre-Tax Book Income = $1,00,000
Favorable Temporary Differences = $200,000
Unfavorable Temporary Differences = $50,000
Favorable Permanent Differences = $100,000
Equivalent Book of Income Tax
= Pre-Tax Book Income - Favorable Permanent Differences
= $1,000,000 - $100,000
Equivalent Book of Income Tax = $900,000
Overall Tax Provision = Equivalent Book of Income Tax × 34%
= $900,000× 34%
= $306,000
Therefore, the total tax Provision of rimas Corporation is $384,200.
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A company assigns overhead based on direct labor costs. The predetermined overhead rate is $3.00 per direct labor dollar. A job that used a total of 20 direct labor hours ($400 in total direct labor costs) would be assigned $ 60 total overhead. (Enter your answer as a whole number). Correct Answer 1200
If the company assigns overhead based on direct labor costs, and the predetermined overhead rate is $3.00 per direct labor dollar. The total overhead is : $1200.
How to find the total overhead?Using this formula to determine the total overhead?
Total overhead = Predetermined overhead rate x Total direct labor cost
Let plug in the formula
Total overhead = $3.00 per direct labor dollar x $400 in total direct labor costs
Total overhead = $1,200
Therefore the overhead is $1200.
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At Red Inc., a retail store, Mark, the manager, maps the consumption chain to understand the buying patterns of the consumers. He has identified how consumers become aware of their needs for products or services. Which of the following is he likely to do next?
A. He identifies how consumers find the store's offerings.
B. He identifies why dissatisfied consumers return products.
C. He identifies the kind of help that consumers need in order to use their products.
D. He identifies the mode used to pay for the products.
He identifies how consumers find the store's offerings. so the option A is the correct answer.
A consumer is a person or a group that is not actively engaged in business or commercial activities and who plans to order or uses acquired goods, services, or experiences primarily for their own benefit or the benefit of their friends, families, or households. The person who buys things for their personal use is the one who uses the term the most frequently. President John F. Kennedy gave the US Congress his definition of "consumers" on March 15, 1962. "Consumers, by definition, comprise us all," he said. The World Consumer Rights Day, which is presently marked on March 15, was created as a result of this lecture.
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Fill in the Blank The tax deductibility of expenses __________ their after tax cost (assume a tax paying firm)
Increases
decreases
has no effect on
has an undetermined effect on
either increases or decreases, depending on whether it is for a sole proprietorship or a corporation
The tax deductibility of expenses Decreases their after tax cost (assume a tax paying firm). Because When a business incurs an expense, this amount is subtracted from the business's taxable income. So, the correct answer is b).
The tax deductibility of expenses decreases their after-tax cost for a tax-paying firm. When a firm incurs an expense that is tax-deductible, it reduces the taxable income of the firm. This reduction in taxable income leads to a decrease in the amount of tax paid by the firm.
Therefore, the firm can effectively reduce its expenses by the amount of tax savings due to the tax deduction. For example, if a firm has $100 of tax-deductible expenses and a tax rate of 30%, then the tax savings will be $30. Thus, the actual cost of the expense to the firm will be reduced to $70. The correct option is b).
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The questions are in the images. The categories provided are: Cash, Accounts Receivable, Office Equipment, Office Furniture, Accounts Payable, Randy Guttery Capital, Randy Guttery Drawing, Fees Income, Rent Expense, Utilities Expense, Salaries Expense, Telephone Expense, and Miscellaneous Expense.
A collection of financial records that employ double-entry accounting is referred to informally as a T-account.
What is T- Account ?The phrase defines how the bookkeeping entries appear. On a page, a huge letter T is first drawn.The account name is then written above the top horizontal line and split by the bottom horizontal line., and below that, split by the vertical T of the letter, debits are reported on the left and credits are recorded on the right.
Every financial transaction is taken into account to have an impact on at least two of a company's accounts in double-entry bookkeeping, a common accounting technique. Each transaction will be recorded in one account as a debit entry and in the other as a credit entry.
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Identify the following items as creating a temporary book–tax difference, a permanent book–tax difference, or no book–tax difference.
Reserve for Warranties Accrued Pension Liability Goodwill not amortized for tax purposes but subject to impairment under ASC Topic 350 Nondeductible Meal Expenses Life Insurance Proceeds Net Capital Loss Carryover Nondeductible Fines and Penalties Accrued Vacation Pay Liability paid within the first two and one-half months of the next tax year
There are eight distinctions: one passing difference, two passing differences, three passing differences, four permanent differences, five permanent differences, and six permanent differences.
What is the tax difference described?Tax Difference is an amount that must be refunded (set off) from the taxpayer's budget when filing a tax return in accordance with the procedures provided in the tax law.
Which one of the three tax classifications are they?One who imposes an income tax that is higher for high-income groups than for low-income ones is said to be using a progressive tax. Under a proportional system, a tax is taken as an equal amount of the income from each income category. Taxes with a higher percentage of revenue taken from low-income groups .
The following question is incomplete the complete question is as follows:Identify the following items as creating a temporary difference, permanent difference, or no difference.
1. Reserve for warranties
2. Accrued pension liability
3. Goodwill not amortized for tax purposes but subject to impairment under ASC 350
4. Meal and entertainment expenses
5. Life insurance proceeds
6. Net capital loss carryover
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mintzberg concluded that managers play three broad types of roles: interpersonal, analytical, and critical.T/F
False, Mintzberg concluded that managers play three broad types of roles: interpersonal, informational, and decisional.
The foundation of Mintzberg's managerial theory is the notion that managers play ten roles that can be grouped into three main categories: interpersonal, informational, and decisional.
Roles that involve interacting with coworkers and other stakeholders fall under the category of interpersonal roles. The manager is able to accomplish organizational objectives through these interactions. The figurehead, leader, and liaison managerial positions are included in this group.
Informational roles are the category that describes circumstances in which a manager generates, receives, or shares knowledge with subordinates and superiors to achieve goals. The managerial positions that fall under this heading are spokesperson, disseminator, and monitor.
Decisional roles are the category that outlines a manager's obligation to make business and strategic decisions based on the information they learn. Entrepreneur, disturbance-handler, resource-allocator, and negotiator are examples of managerial roles that fall under this category.
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At the beginning of year 2 Clair company had a $5, 500 balance in its retained earning account. During January of year 2 Clair earned $2,000 of revenue and incurred $1, 400 of expenses. Based on this information, the balance in retained earning account on January 31, year 2 is $5, 500 $5, 600 $6, 100 $7, 500
On the basis of this data, the retained earning account's balance on January 31st, year 2 is $5,500.
What is the earning account?An Earnings Account is an interest-bearing USD account that must be opened under this agreement with the relevant Account Bank in the name of that Borrower and includes any other account that the Agent has written to be an Earnings Account for the purposes of this Agreement. In relation to a Ship, an Earnings Account is an account in the name of the Owner owning that Ship designated "[name of relevant Owner]—Earnings Account" or any other account holder .
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according to the law of increasing opportunity costs group of answer choices
A. if a society desires more of some particular product, it must sacrifice larger and larger amounts of other products. B. society can obtain additional units of a given product by sacrificing smaller and smaller amounts of other products. C. whenever output increases by a given percentage, production costs will increase at twice that rate. D. whenever input prices increase by a given percentage, production costs will increase at twice that rate. E. inflation accelerates as economies mature.
A. if a society wants more of a certain product, it must give up more and more of other products. correct option for id.
What is Production Possibilities Frontier?Society as a whole cannot have everything it might want, just as individuals cannot have everything they want and must make choices. Using a model known as the production possibilities frontier (PPF), this section of the chapter will explain the constraints that society must contend with. Individual choice and social choice share more similarities than differences. Keep your attention on the similarities throughout this section.
There is a limit to the number of goods and services that society can produce at any given time due to its limited resources—such as labor, land, capital, and raw materials. Let's say that a society wants two things: education and healthcare.
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the network of activities, facilities, and personnel required to organize, schedule, and deploy the resources to stage the olympics is an example of event logistics.
Event logistics involves the organization, planning and deployment of resources to stage an event such as the Olympics. This includes facilities, staff and activities. Event logistics involves the coordination of various processes and activities to ensure that the event runs smoothly.
This includes tasks such as reserving venues, obtaining necessary permits, ordering supplies and equipment, hiring staff, arranging transportation, and setting up security. Event logistics also includes the management of resources such as budgeting, accounting and sponsorship, as well as arrangements for catering, entertainment and other services. The goal of event logistics is to ensure that all aspects of the event run smoothly and that all necessary resources are available throughout the event.
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a decrease in both demand and supply will cause a(n) _____ equilibrium price and a(n) _____ equilibrium quantity.
a. decrease in; uncertain effect on b. uncertain effect on; decrease in c. increase in; decrease in d. increase in; uncertain effect on
A decline in supply and demand will have an ambiguous impact on the equilibrium price as well as a negative impact on equilibrium quantity.
As demand declines and supply remains constant, what happens to the equilibrium price and quantity?Demand falls while supply stays the same, creating a surplus and a lower equilibrium price. A surplus results in a lower equilibrium price if supply grows while demand stays the same.
What causes an equilibrium price change?The equilibrium price and quantity change as the supply or demand curves change. Demand growth raises the equilibrium price and quantity. The equilibrium price and quantity both fall as demand declines. Equilibrium price declines and quantity rises as supply grows.
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The people in a company who block access to key personnel in the buying process are called goalkeepers.
a. True
b. False
The statement is True. The people in a company who block access to key personnel in the buying process are called goalkeepers.
The goalkeeper is the individual in the price of intercepting or preventing the ball earlier than it crosses the final line that is in aim and consequently saves the opponent from scoring an intention. As they are saying in football parlance, it's miles the lifeline of the groups.
The phrase "purpose-keeper" appeared within the Sheffield policies of 1867, however, the time period did no longer discuss with a designated player, but as a substitute to "that player on the protecting aspect who for the time being is nearest to his own purpose".A top Goalkeeper desires to be courageous, a notable communicator, centered, decided, and inclined to bear the criticisms and disappointments that include the task. The very high-quality Keepers aren't most effectively prepared with the know-how and right attitude — however additionally the health and electricity stages required as a footballer.
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informal rulemaking of administrative agencies differs from formal rulemaking in the following way: a. formal rule making requires the publication of a proposed rule, while informal rule making does not. b. formal rules require presidential approval, while informal rules do not. c. formal rules can be challenged in court, while informal rules cannot. d. formal rule making requires the holding of a hearing, but informal rule making does not.
Informal rulemaking of administrative agencies differs from formal rulemaking as formal rulemaking requires the holding of a hearing, but informal rulemaking does not.
Option D is correct.
How does informal rulemaking work?Before an agency can issue a final rule, it must first issue a notice of proposed rulemaking (NPRM) and offer the public a chance to comment on the proposal in the informal rulemaking process, also known as "notice-and-comment rulemaking."
How is informal rulemaking carried out?In its simplest form, it entails: 1) inserting an NPRM into the Federal Register; 2) soliciting public feedback; 3) taking into account the public comment; and submitting a final rule to the Federal Register for publication.
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Based on the industry-low, industry-average, and industry-high values for the benchmarked data in each issue of the FIR, which of the following is an unconvincing or untrustworthy indication that one or more elements of your company's costs are too high relative to the costs of rival companies?
a. The reject rates for branded shoe production at one or more of your company's plants are well above the industry average.
b. Your company's operating profits per pair sold in all 4 geographic regions of the wholesale segment for branded footwear are below the industry-high values.
c. Your company's marketing expenses per pair sold in both the Internet and wholesale segments are the highest in the industry.
d. Your company's labor costs per pair produced at one or more plants are 20% or more above the industry-average number.
e. Your company's warehouse expenses per pair sold in both the wholesale and Internet segments are above the industry average.
Your company's warehouse expenses per pair sold in both the wholesale and Internet segments are above the industry average is an unconvincing or untrustworthy indication that one or more elements of your company's costs are too high relative to the costs of rival companies.
What is a rival company?Based on the industry-low, industry-average, and industry-high values for the benchmarked data in each issue of the FIR, option (a) is an unconvincing or untrustworthy indication that one or more elements of your company's costs are too high relative to the costs of rival companies.
Although reject rates for branded shoe production that are well above the industry average could suggest that your company's production processes are inefficient, this alone does not provide a reliable basis for comparison with other companies.
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the little shop on the corner had $243,000 in taxable income. assuming that corporations face marginal tax rates, use these rates to calculate its income tax.
Since corporations pay marginal tax rates using these rates, the little shop on the corner had $243,000 in taxable revenue. Its income tax was $78,020.78
What is considered taxable income?Wages, salaries, bonuses, and tips are all considered forms of taxable income, along with the income from investments and various unearned sources. The basis on which an income tax system levies tax is referred to as taxable income. Alternatively put, the amount of income that was subject to taxation. In most cases, it consists of all or a portion of the income and is lessened by expenses and other deductions. Even though some tax breaks and exemptions are not included in the calculation of taxable income, all income is nevertheless regarded as taxable. This rule applies to everyone, including individuals, businesses, Hindu Undivided Families (HUF), local government entities, and other groups of people.
How can I reduce my taxable income?Contributing to a retirement account via an employer-sponsored plan or an IRA is a practical approach to lower taxable income (IRA). During the tax years in which contributions are made, both flexible and health spending accounts help lower taxable income.
Taxes = 0.15($50,000) + 0.25($24,999) + 0.34($24,999) + 0.39($143,002) = $78,020.78
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kaskin, inc., stock has a beta of 1.2 and quinn, inc., stock has a beta of .6. which of the following statements is most accurate? a. the expected rate of return will be higher for the stock of kaskin, inc., than that of quinn, inc. b. the stock of kaskin, inc., has more total risk than quinn, inc.
The assumption is correct since Quinn, Inc.'s Beta is 0.6 and Kaskin, Inc.'s Beta is 1.2.
What does a company's stock mean?An investment that represents ownership in a piece of the issuing corporation is referred to as a stock, which is also known as equity. Shares, commonly referred to as units of stock, provide its owners a proportionate part of the firm's assets and earnings based on the number of shareholdings they own.
What is a stock in everyday language?Definition. A sort of asset known as a stock represents a small portion of a company's ownership. A share, a fractional ownership stake in a company, is yours if you purchase its stock. Investors purchase stock in companies they anticipate growing in value.
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