To determine the balance in Mako's finished goods inventory account at the end of August, you would need access to the company's financial records. The balance in the finished goods inventory account can be found on the company's balance sheet, which is a financial statement that shows a company's assets, liabilities, and equity at a specific point in time.
As a student, it is important to understand the concept of inventory in accounting. Inventory refers to the raw materials, supplies, and finished goods that a company holds for sale. The balance in a company's finished goods inventory account reflects the value of the finished goods that the company has on hand at a given point in time.
The balance in Mako's finished goods inventory account at the end of August would represent the total value of the finished goods that the company had on hand and ready for sale at that time. This information can be used by management to make decisions about production levels, purchasing of raw materials, and other inventory-related decisions.
It is important to understand the concept of inventory and how it affects a company's financial performance. By tracking the balance in a company's finished goods inventory account, you can gain a better understanding of the company's operations and financial health.
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how is the derivative used in radar guns
The derivative is used in radar guns to determine the speed of an object. By measuring the change in frequency of a reflected signal, the radar gun can calculate the speed of an object.
This is done by taking the derivative of the signal's frequency with respect to time, which gives the rate of change, or the speed, of the object
Radar guns work by emitting a radio frequency signal and measuring the time it takes for the signal to bounce off an object and return to the radar gun. The speed of the object is then calculated by dividing the distance traveled by the time taken.
However, the traditional method of measuring the time it takes for the signal to travel to and from an object is prone to errors, especially when the object is moving at high speeds. This is where the derivative comes in.
By taking the derivative of the signal's frequency with respect to time, the radar gun can determine the rate of change of the signal's frequency, which is proportional to the speed of the object. This method is more accurate, especially for high-speed objects, and is widely used in radar guns today.
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term loans where each periodic loan payment consists of interest payments and then the principal is repaid in full at maturity are:
A term loan is a type of loan where the borrower receives a lump sum of money, and then repays the loan in regular periodic payments over a specified period of time.
Each loan payment consists of both interest payments and principal repayments, with the amount of each loan payment remaining constant throughout the loan term.
A term loan is a type of loan where the borrower receives a lump sum of money, and then repays the loan in regular periodic payments over a specified period of time.
These periodic loan payments consist of both interest payments and principal repayments. At the end of the loan term, the borrower is expected to have fully repaid both the interest and the principal of the loan.
In a term loan, the loan payment amount remains constant throughout the loan term. This means that each loan payment consists of a portion of the interest owed, and a portion of the principal.
As time passes and the borrower repays the loan, the amount of interest owed decreases, while the amount of principal repaid increases.
The amount of each loan payment is determined by the loan terms, including the interest rate, loan amount, and loan term. The interest rate on a term loan is typically fixed, meaning that the rate remains the same throughout the loan term.
This makes it easier for borrowers to budget and plan for their loan payments, as they know exactly how much they will be expected to pay each period.
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the absence of property rights contributes to: a. wealth b. poverty c. an equal playing field d. none of these
the absence of property rights contributes to- b. poverty
The absence of property rights means that individuals and businesses do not have secure ownership and control over their assets, which can discourage investment and economic activity. This can lead to a decrease in economic growth, as people are less likely to invest in or maintain their property if they do not have confidence that it will be protected. In addition, the lack of property rights can also result in disputes over ownership and use of resources, which can lead to social conflict and further harm economic development. In general, the absence of property rights is seen as a major contributor to poverty, as it creates an uncertain and unstable business environment that discourages investment and economic growth.
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are they putting walt disney on the 100 dollar bill?
No, Walt Disney is not being placed on the 100 dollar bill. The designs of United States currency, including the 100 dollar bill, are determined by the Bureau of Engraving and Printing, a part of the United States Department of the Treasury.
Treasury refers to a department within an organization that is responsible for managing its financial resources, including cash management, debt management, and financial risk management. The main objectives of the Treasury function are to ensure that the organization has adequate liquidity to meet its obligations and to manage its financial risks in a manner that is consistent with its overall financial goals and risk tolerance.
The Treasury department is also responsible for managing the organization's financial relationships with banks, investors, and other financial institutions. This includes negotiating favorable terms for borrowing and investing, as well as monitoring the organization's cash position and making recommendations to senior management on how to optimize the use of its financial resources. Treasury plays a critical role in ensuring the financial stability and success of the organization.
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When a firm starts up or buys a business outside of its current product line and markets, it is pursuing which growth strategy?A.Market developmentB.DiversificationC.DivestingD.Market penetrationE.Product development
Answer: B. Diversification
sub-saharan africa includes some of the poorest nations in the world. what would you say is the problem with these nations? cite at least 2 reasons in your answer.
The problem of the peoples of sub-Saharan Africa is multifaceted. One of the main problems is poverty. Many of these countries are extremely poor and have limited access to resources and economic opportunities.
This means that many people do not have access to basic services such as health care and education, which perpetuates the cycle of poverty. Another problem facing sub-Saharan African states is political instability. Many countries in the region have been plagued by civil wars, coups, and other forms of political unrest that have resulted in weak governance and corruption. This further hindered infrastructure development, weakened the rule of law and made it difficult for citizens to access services and resources.
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Antwaun wants to set aside 12% of his budget towards food. If his net pay* is $4000, how much money will he have set aside for food?.
Antwaun will have $480 set aside for food if his net pay is $4000. This is calculated by multiplying the net pay by 12%, which is 0.12. 4000 x 0.12 = 480.
What do you mean by net pay?
Net pay is the final amount of money the employee receives after taxes and other deductions are taken out. Net pay is also referred to as the “take-home pay” and is usually received in the form of a paycheck, direct deposit, or cash. Other deductions that may be taken out of a person’s gross pay are state and federal taxes, Social Security taxes, Medicare taxes, contributions to retirement accounts, charity donations, and health insurance premiums. In addition to these deductions, an employer may also withhold money for unpaid vacation days, sick days, and other forms of compensation.
So, The required answer is $480.
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The interpretation of research findings typically begins with _______.
The interpretation of research findings typically begins with tabulation.
Tabulation is a systematic and logical illustration of numeric records in rows and columns to facilitate assessment and statistical analysis. It helps evaluation by bringing associated information close to each different and allows for statistical analysis and interpretation.
it is known as an easy tabulation or one-way tabulation while the records are tabulated to the handiest one component. A simple tabulation is, as an example, the tabulation of data on the world's population separated through a single characteristic including language. Tabulation is described as the procedure of placing categorized statistics in tabular form. A table is a systematic association of statistical facts in rows and columns. The rows of a table are the horizontal arrangement of records whereas the columns of a table are the vertical association of statistics.
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a budget doesn’t tell you not to spend. a budget actually
A budget doesn’t tell you not to spend. A budget actually gives you the freedom to spend.
A budget is a plan for how you will use your money. It is a tool that helps you stay on track with your finances and make sure you don't overspend. A budget helps ensure that you have enough money for the things you need and want, such as bills, groceries, and even entertainment.
It also helps you prioritize your spending and plan for the future. A budget does not tell you not to spend; instead, it gives you the freedom to spend within your means.
It helps you understand how much money you have to work with and make smart decisions about where to allocate it. A budget can help you stay on track with your finances and achieve your financial goals.
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businesses should strive to determine an optimal organizational size. True or false?
True, companies should seek to find the appropriate organizational size.
Organizational size is an important factor in determining a company's success.
Having the right size allows a company to increase efficiency and make better use of resources.
A company that is either too small or too large for the demands of its customers and the marketplace can experience difficulties in meeting customer needs, growing profits, and increasing its competitive edge.
Companies should consider their customer base, the size of their internal staff, and the resources they can devote to the business when determining the appropriate size for their organization.
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suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 18 years. assume you purchase a bond that costs $75. a. what is the exact rate of return you would earn if you held the bond for 18 years until it doubled in value? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. if you purchased the bond for $75 in 2020 at the then current interest rate of .17 percent year, how much would the bond be worth in 2028? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. in 2028, instead of cashing in the bond for its then current value, you decide to hold the bond until it doubles in face value in 2038. what annual rate of return will you earn over the last 10 years? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
As a result, it has the potential to alter distribution as well as the pricing and quantities of goods and services sold. An economic discussion on the advantages and disadvantages of such intervention has lasted for many years.
These economists' disagreements are most likely the result of contrasting ideologies.
Which claim is two randomly selected economists most likely to agree on, despite their differences?
B. An excessively high proportion of elected politicians are lawyers.
Given that it has nothing to do with how the government affects the economy, but rather how the political class is made up, they are likely to agree on this subject. Therefore, there is no ideological contradiction.
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are international companies simply afraid to speak out against counterfeiting in potentially lucrative emerging markets for fear of being denied access to them?
Yes, international companies are afraid to speak out against counterfeiting in potentially lucrative emerging markets for fear of being denied access to them.
Counterfeiting is a major issue in emerging markets, as the lack of legislation and enforcement in these countries make it difficult for companies to protect their intellectual property. Companies fear that speaking out against counterfeiting in these countries could lead to retaliatory measures from the authorities, such as revoking their licenses or banning them from doing business there.
The potential loss of access to these markets is a major deterrent for companies, as they would miss out on the opportunity to tap into a large and growing consumer base.
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What securities are exempt under the Uniform Securities Act?
The securities Not Covered by SEC Intrastate registration opportunities. small-scale offerings. government-issued securities from the local, state, and federal levels.
The private offerings to a select group of people or organisations. A common registration of a tax-exempt security is municipal bonds, which reflect the obligations of a state, territory, or municipality. The more tax that a person must pay, the more valuable and the advantageous tax-exempt securities become. The SEC considers certain securities and transactions to be exempt from registration requirements. The government securities, bank securities, high-quality debt instruments, non-profit securities, and insurance contracts are typical examples of exempt securities.
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1. the price of sugar increases. b 2. the price of gummy bears, a close substitute for jelly beans, increases. c 3. a machine is invented that makes jelly beans at a lower cost. a 4. the government places a tax on foreign jelly beans, which have a considerable share of the market. b 5. the price of soda, a complementary good for jelly beans, increases. c 6. widespread prosperity allows people to buy more jelly beans. c 7. jelly belly declares bankruptcy and goes out of business. 8. the surgeon general announces that jelly beans actually help cure cavities!
a) Increase in the price of sugar and the invention of a machine that makes jelly beans at a lower cost will shift the supply curve of jelly beans to the right, causing the price of jelly beans to decrease.
b) Increase in the price of gummy bears and the government placing a tax on foreign jelly beans will shift the demand curve for jelly beans to the left, causing the price of jelly beans to increase.
c) Increase in the price of soda and widespread prosperity will shift the demand curve for jelly beans to the right, causing the price of jelly beans to increase.
d) Jelly Belly declaring bankruptcy and going out of business will decrease the supply of jelly beans and potentially cause the price of jelly beans to increase.
e) The announcement by the Surgeon General that jelly beans help cure cavities will increase the demand for jelly beans, causing the price of jelly beans to increase.
A supply curve is a graphical representation of the relationship between the quantity of a good or service that a producer is willing and able to offer for sale at a given price. The curve slopes upward, indicating that as the price of a good or service increases, producers are more willing and able to offer larger quantities for sale. This is because, in most cases, producers can earn a higher profit by producing and selling more units of a good or service at a higher price.
The shape of the supply curve reflects the cost structure of production, technological advancements, and the availability of resources. For example, if the cost of production increases, the supply curve shifts to the left, indicating that producers are willing to offer fewer units for sale at each price. Understanding the supply curve is important for businesses, economists, and policymakers as it provides insight into how changes in market conditions affect the behavior of producers.
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Why are changes in inventories included as part of investment spending? Suppose inventories declined by $1 billion during 2014. How would this affect the size of gross private domestic investment and gross domestic product in 2014? Explain.
Gross Private Domestic Investment (GPDI) is influenced by changes in inventories because rising inventories increase a company's assets and are therefore an investment.
Items kept on the market but not sold are referred to as inventories. Because these materials haven't been sold and turned in, they are regarded as investments in the company. Future use of these produced goods and services is possible. They are regarded as investments as a result.
Gross domestic product (GDP) and gross domestic private investment (GDPI) will be impacted by the $1 billion drop in inventories. In 2014, the $1 billion will be deducted from both variables. This is so because unsold and unaccounted-for inventory is production output.
Products produced in the prior year are included in inventories; they cannot be added to this year's product. The GDP will be overstated if this is added.
Negative investments are those that result from inventory declines. Due to this, the gross domestic private investment should be reduced. Consequently, domestic private investment will decrease by $1 billion.
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for which of the following reasons is marketing considered beneficial? (choose all that apply).
A. Increased brand awareness and recognition, B. Increased sales and revenue, C. Improved customer loyalty, D. Better understanding of customer needs and preferences: By collecting data and feedback
Marketing is considered beneficial as it allows companies to reach a wider audience, drive sales, and increase revenue. By building brand awareness, improving customer loyalty, and gaining insights into customer needs and preferences, companies can stay ahead of their competition and continue to grow. Marketing is also crucial for understanding the needs and wants of customers, which can help companies make informed decisions about their products, services, and overall business strategy. By reaching a wider audience through marketing campaigns, companies can increase their brand recognition and awareness.Through targeted marketing campaigns, companies can drive sales and increase their revenue.
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Once Molly reached her goal she stopped working hard and ended up performing much lower than she could have.goal commitmentgoal difficultygoal specificitygoal acceptance
Molly goals had accomplished her objective. She stopped putting in as much effort and as a result, she underperformed.
This could be as a result of a lack of commitment to the goals, their complexity, their specificity, or their acceptance. The degree of motivation and commitment Molly has toward accomplishing her objective is referred to as goal commitment. The level of difficulty involved in achieving a goal is called goal difficulty. Goal specificity refers to the goal's level of depth and degree of clarity. Goal acceptance is the degree to which the goal is accepted and the willingness to strive toward it.
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what can mcdonalds do to increase market share in vietnam
McDonald's is a global fast-food chain that operates in many countries around the world, including Vietnam. In order to increase its market share in this country, McDonald's must implement strategies that meet the needs and preferences of Vietnamese consumers.
One way that McDonald's can increase its market share in Vietnam is by adapting its menu to suit local tastes.
For example, the company could offer dishes that are popular in Vietnam, such as pho, a traditional noodle soup. This would not only make the menu more appealing to local customers but also set McDonald's apart from its competitors.
Another way that McDonald's can increase its market share in Vietnam is by expanding its presence in the country.
This could involve opening more restaurants in key locations and increasing marketing efforts to raise awareness of the brand. Additionally, McDonald's could consider offering promotions and discounts to attract more customers, such as student discounts or loyalty programs.
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in the circular-flow diagram, which of the following items flows from households to firms through the markets for goods and services?
Taxes go from households to businesses, while fiscal transfers flow from businesses to households in the circular flow graphic.
In the circular flow diagram what do households provide to resource markets?Households are the vendors in the resource market. In this circumstance, households trade money, or income, for the sale of land, work, capital, and entrepreneurship. Households are consumers in the market for goods and services. Families buy goods and services with their income. Businesses are sellers in the market for goods and services. Businesses generate revenue by trading goods and services with money, or in this case, income.
Businesses make purchases in the resource marketplaces. Businesses exchange the money they make from the sale of their products and services for property, labour, and capital in the commodities market.
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which one of the following parties are not considered stakeholders of a firm
The competitors are not a stakeholders of a firm
Who is a stakeholder of a firm?A stakeholder in a firm refers to any person, group, or entity that has an interest in the success or failure of the firm. Stakeholders can be internal or external to the organization, and can include:
Shareholders or owners: These are individuals who have invested in the firm by purchasing stock or other ownership interests.
Employees: Employees are a key stakeholder group, as they play a crucial role in the success of the firm and often have a vested interest in its well-being.
Customers: Customers are stakeholders because they provide the revenue that keeps the firm in business, and their satisfaction is essential for long-term success.
Suppliers: Suppliers are stakeholders because they provide the inputs that the firm uses to produce its products or services.
Government: Governments have an interest in the activities of firms as they can impact the economy, the environment, and the well-being of their citizens.
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in phillips v. martin marietta corp., it was determined that an employer may not refuse to hire women with preschool-age children while hiring men with children of this age. which level of scrutiny was used in this case?
In Phillips v. Martin Marietta Corp., it was determined that an employer may not refuse to hire women with preschool-age children while hiring men with children of this age using the "intermediate scrutiny" level of scrutiny.
Intermediate scrutiny is a level of judicial review used by courts to evaluate laws or policies that discriminate on the basis of gender. In this case, the court used intermediate scrutiny to evaluate the employer's hiring practices and determined that they were discriminatory and therefore illegal under Title VII of the Civil Rights Act of 1964.
Under intermediate scrutiny, the court must determine whether the employer has a significant, legitimate business interest in its hiring practices and whether the discrimination is necessary to achieve that interest. If the court finds that the employer does not have a significant, legitimate business interest or that the discrimination is not necessary to achieve that interest, the court will strike down the discriminatory policy or practice.
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the four factors of production are land, labor, capital, and _______ .
The four factors of production are land, labor, capital, and entrepreneurship. These four factors are important components in a production activity.
Entrepreneurship refers to an individual or a small group of partners embarking on the initial path of creating a new business. The aspiring entrepreneur is actively seeking out a particular business venture and it is the entrepreneur who bears the greatest risks associated with the project. So, this person also benefits the most if the project is successful. Entrepreneurial pursuits often involve innovation. Large companies may seek to emulate this element by developing what is known as "intrapreneurship".
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1. For financial accounting purposes, what is the total amount of product costs incurred to make 20,000 units? 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 20,000 units? 3. For financial accounting purposes, what is the total amount of product costs incurred to make 22,000 units? 4. For financial accounting purposes, what is the total amount of period costs incurred to sell 18,000 units?.
For financial accounting purpose, Answer to the question 1) $502,000 2) $302,000 3) $538,400 and 4) 194200
Calculation of the answer are: 1) (8.9 + 5.9 + 3.4 + 6.9) * 20,000 = 502,000. 2) (5.4 + 4.4 + 2.9 + 2.4) * 20,000 = 302,000. 3) (8.9 + 5.9 + 3.4) * 22,000 = 400,400 You should be aware that the price calculated excludes the fixed production overhead. To obtain the product cost, we therefore add the fixed manufacturing overhead. 400,400 + 138000= 538,400. 4) (2.4 + 2.9) * 18,000 = 95400. Keep in mind that the amount calculated only includes the sales commissions and variable administrative expense. The fixed costs are then added. 95400 + 10800 + 88000= 194200
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Question:
Kubin Company's relevant range of production is 29,000 to 33,000 units. When it produces and sells 31,000 units, its average costs per unit are as follows:
Average Cost per Unit
Direct materials $ 8.90
Direct labor $5.90
Variable manufacturing overhead $3.40
Fixed manufacturing overhead $6.90
Fixed selling expense $5.40
Fixed administrative expense $4.40
Sales commissions $2.90
Variable administrative expense $2.40
1. For financial accounting purposes, what is the total amount of product costs incurred to make 20,000 units?
2. For financial accounting purposes, what is the total amount of period costs incurred to sell 20,000 units?
3. For financial accounting purposes, what is the total amount of product costs incurred to make 22,000 units?
4. For financial accounting purposes, what is the total amount of period costs incurred to sell 18,000 units?.
Make a list of skills that you presently possess that will assist you in getting a job.
List of skills that you presently possess that will assist you in getting a job:
Communication skillsLeadership skillsTeamwork skillsInterpersonal skillsLearning/adaptability skillsSelf-management skillsOrganizational skillsComputer skillsWhat are skills and examples?A skill is the acquired capacity to move with deliberate intent and effective execution, frequently in a predetermined window of time or energy or both. Domain-general and domain-specific skills are two common categories of skills.
For jobs like fitness instructors, firefighters, or waiters and waitresses, for instance, it's a necessary skill. There are two categories of skills used in the workplace: technical skills and soft skills. Technical skills are the ability to perform certain jobs, such as teaching, computer programming, or cooking.
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Answer:
Top Skills:
Communication skills
Leadership skills
Teamwork skills
Interpersonal skills
Learning/adaptability skills
Self-management skills
Organizational skills
Computer skills
Explanation:
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Costs assigned to units of product in absorption costing include_______
only fixed
only variable
both variable and fixed
neither variable nor fixed
manufacturing costs.
Costs assigned to units of the product in absorption costing include manufacturing costs.
What is manufacturing cost?A product's production cost is the sum of all the costs associated with its resources. The three divisions of manufacturing costs are direct costs for materials, direct costs for labor, and direct costs for manufacturing overhead. The "direct materials" are the primary components that go into producing the finished good. Manufacturing uses a series of operations to add value to basic materials so that a deliverable product is maintained. Different processes, such as welding, cutting, and painting, can be applied to raw materials. Clearly defining direct from indirect materials is essential. Overhead expenses are any costs incurred during production that aren't directly related to labor or materials. Manufacturing overhead consists of all costs incurred to assist with production.
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magic realm, incorporated, has developed a new fantasy board game. the company sold 54,600 games last year at a selling price of $60 per game. fixed expenses associated with the game total $1,001,000 per year, and variable expenses are $40 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor. required: 1-a. prepare a contribution format income statement for the game last year. 1-b. compute the degree of operating leverage. 2. management is confident that the company can sell 66,066 games next year (an increase of 11,466 games, or 21%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)
1-a. Contribution Format Income Statement for the game last year:
Revenue: 54,600 games x $60 per game = $3,276,000
Variable expenses: 54,600 games x $40 per game = $2,184,000
Contribution margin: $3,276,000 - $2,184,000 = $1,092,000
Fixed expenses: $1,001,000
Net operating income: $1,092,000 - $1,001,000 = $91,000
1-b. Degree of Operating Leverage (DOL):
DOL = Contribution Margin / Net Operating Income = $1,092,000 / $91,000 = 12
2-a. Expected Percentage Increase in Net Operating Income:
% increase in Net Operating Income = % increase in sales x DOL
= 21% x 12 = 252%
2-b. Expected Amount of Net Operating Income for next year:
Expected Net Operating Income = Net Operating Income x (1 + % increase in Net Operating Income)
= $91,000 x (1 + 252%) = $318,920.
What is financial analysis?
Financial analysis is the process of evaluating a company's financial performance and position to make informed decisions. It involves the examination of financial statements, such as the income statement, balance sheet, and cash flow statement, to identify trends and make predictions about future performance. The analysis includes calculating financial ratios and metrics, such as profit margins, return on investment, and liquidity ratios, to assess the company's overall health and identify areas for improvement. The information gathered through financial analysis can be used to make decisions about investments, financing, and operations, and to develop strategies for growth and success.
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producers should specialize in the production of goods in which they have a comparative advantage. producers should specialize in the production of goods in which they have a comparative advantage. true false
The manufacture of commodities for which a nation has a comparative advantage is a specialty. The given statement is false.
The ability of an economy to produce a specific good or service at a lower opportunity cost than its trading counterparts is known as comparative advantage. Comparative advantage is a theory that explains why businesses, nations, or people might gain from trade.
Comparative advantage, as it relates to international trade, refers to the goods that a nation can produce more easily or at a lower cost than other nations. Even though this typically shows the advantages of trade, some modern economists now recognize that relying solely on comparative advantages can lead to resource exploitation and depletion in a nation.
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under the systems perspective, which of the following is not an output that managers generate from the four inputs of materials, human resources, financial resources, and information? a. profits or losses b. environmental stewardship c. employee behaviors d. products or services
Under the systems perspective, the following is not an output that managers generate from the four inputs of materials, human resources, financial resources, and information: c. environmental stewardship.
What is environmental stewardship?
By actively participating in conservation efforts and sustainable practises, individuals, small groups, nonprofit organisations, government organisations, and other collective networks may responsibly utilise and safeguard the environment. This is known as environmental stewardship. While exploring the moral ramifications of "dealing with man's connection to land and to the animals and plants which live upon it," Aldo Leopold (1887–1949), a proponent of environmental stewardship, did so. The focus of resilience-based ecosystem management is on resilience as a crucial component of adapting to and engaging with the environment in a world that is continuously changing. Resilience is the capacity of a system to bounce back from adversity and revert to its fundamental structure and function. For instance, ecosystems offer a variety of ecosystem services but do not act as a single resource. Rather, they depend on their role. This kind of stewardship also acknowledges resource managers and management systems as influential and knowledgeable participants in the natural systems that people support.
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under the systems perspective, which of the following is not an output that managers generate from the four inputs of materials, human resources, financial resources, and information? a. profits or losses b. environmental stewardship c. employee behaviors d. products or services
Which of the following financial statement totals are reduced by the adjusting entry to recordamortization? (Check all that apply.)Multiple select question.Net income on the income statementTotal liabilities on the statement of financial positionTotal assets on the statement of financial positionTotal shareholders' equity on the statement of financial positionCash from operating activities on the statement of cash flows
Net income on the income statement and Total shareholders' equity on the statement of financial position.
The adjusting entry to record amortization has an impact on several financial statements, as follows:
Income Statement: The purpose of the adjusting entry is to record amortization expense on the income statement. This expense is a non-cash charge that reduces net income for the period. This means that the adjusting entry will decrease net income on the income statement.
Statement of Financial Position: Amortization is an allocation of the cost of an intangible asset over its useful life. This means that the adjusting entry will reduce the value of the intangible asset on the balance sheet. As a result, total shareholders' equity on the statement of financial position will decrease.
Total Liabilities: The adjusting entry to record amortization does not affect total liabilities on the statement of financial position.
Total Assets: The adjusting entry to record amortization does not affect total assets on the of financial position.
Statement of Cash Flows: The adjusting entry to record amortization is a non-cash transaction and therefore does not affect cash from operating activities on the statement of cash flows.
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Which of the following statements about money market mutual funds is true? a.They invest in commercial paper, CD's and repos b. They usually offer check writing privileges. They are highly leveraged and risky c. They invest in commercial paper, CD's and repos. d.They usually offer check writing privileges. e. All of the above options are true
The following statements about money market mutual funds is true They invest in commercial paper, CDs, and repurchase agreements and usually offer check writing privileges.
What about money market funds is accurate?A money market fund is a form of mutual fund with historically lower returns and relatively low risks compared to other mutual funds and most other assets. Money market funds make short-term debt investments in high-quality securities and distribute dividends that typically reflect short-term interest rates.
What would a money market mutual fund invest in out of the following?A money market fund is a type of mutual fund that only invests in cash and assets that have the characteristics of cash, commonly known as money market instruments. These assets have high credit quality and are very liquid for the short term. In general, money market funds invest in items like: Certificates of Deposit (CDs).
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