Your company has used competitive bidding to select a supplier for janitorial services. Three suppliers returned acceptable bids within the allotted time frame. Supplier A Supplier B Supplier C Category Weight Rating Rating Rating Quality systems 37% 3 3 4 Financial stability 28% 2 4 3 Management experience 20% 3 2 3 Price 15% 1 4 3 picture Click here for the Excel Data File All scores on a five-point scale with 1 = poor, 5 excellent.
a. Calculate the total weighted score for each supplier. (Round your answers to 2 decimal places.) Total Weighted Score
Supplier A
Supplier B
Supplier C
b. Based on these ratings from the supplier assessment, which supplier appears to be the best?
Supplier A
Supplier B
Supplier C

Answers

Answer 1

Answer:

a. Total weighted score:

This is a weighted average of the supplier scores in various categories.

Supplier A

= ∑(Weight of category * rating in category)

= (37% * 3) + (28% * 2) + (20% * 3) + (15% * 1)

= 2.42

Supplier B

= (37% * 3) + (28% * 4) + (20% * 2) + (15% * 4)

= 3.23

Supplier C

= (37% * 4) + (28% * 3) + (20% * 3) + (15% * 3)

= 3.37

b. Based on the ratings, Supplier C appears to be the best.


Related Questions

Consider the following statements, and indicate which variable is an independent variable and which variable is a dependent variable; moreover, determine whether there is a positive or a negative relationship between two variables.
a. More educated employees typically have higher income than less educated employees.
Education is the (Click to select)dependentindependent variable.
Income is the (Click to select)dependentindependent variable.
The relationship between education and income is (Click to select)negativepositive.
b. Consumers with higher incomes are more likely to purchase new iPhones.
Sales of the new iPhone is the (Click to select)independentdependent variable.
Consumer income is the (Click to select)dependentindependent variable.
The relationship between consumer income and sales of the iPhone is (Click to select)negativepositive.
c. As research shows, anti-smoking campaigns reduce the number of smokers in the country.
Number of anti-smoking campaigns is the (Click to select)dependentindependent variable.
Number of smokers is the (Click to select)independentdependent variable.
The relationship between anti-smoking campaigns and the number of smokers is (Click to select)positivenegative.

Answers

Answer:

a. Education is independent variable

Income is dependent variable

The relationship between education and income is positive

b. Sales of new iphone is dependent variable

Consumer Income is independent variable

The relationship between consumer income and sales of iphone is positive

c. Anti smoking campaign is independent variable

Number of smokers is dependent variable

The relationship between anti smoking campaign and number of smokers is negative.

Explanation:

Education is an independent variable as people are free to pursue higher education. Income is dependent variable. Those employees who have higher education will earn more than those with less education. The consumer income is independent variable in this case while sales of iphone is dependent variable. The sales of iphone will increase if consumer income increases.

Based on the information given, it can be seen that education is an independent variable while income is a dependent variable.

Also, the relationship between education and income is positive. The sale of new iphone is a dependent variable while consumer income is an independent variable. The relationship between consumer income and sales of iphone is positive

Lastly, the anti-smoking campaign is an independent variable while the number of smokers is a dependent variable. Also, the relationship between the anti-smoking campaign and the number of smokers is negative.

Learn more about dependent variables on:

https://brainly.com/question/383055

Manufacturing overhead was estimated to be $400,000 for the year along with 20,000 direct labon hours. Actual manufacturing overhead was $415,000, actual labor hours were 21,000. To dispose of the balance in the manufacturing overhead account, which of the following would be correct?

a. Cost of Goods sold would be credited for $5,000.
b. Cost of Goods Sold would be debited for $5,000.
c. Cost of Goods Sold would be credited for $15,000.
d. Cost of Goods Sold would be debited for $15,000.

Answers

Answer:

If overhead was overapplied, then the COGS should be debited overhead.

The correct answer is B.

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 400,000 / 20,000

Predetermined manufacturing overhead rate= $20 per DLH

Now, we allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 20*21,000

Allocated MOH= $420,000

Finally, the over/under allocation:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 415,000 - 420,000

Overapplied overhead= $5,000

If overhead was overapplied, then the COGS should be debited overhead.

Shaq Corporation issued $10,000 of 20-year bonds on January 1, 2021. The bonds pay interest semiannually. This is a partial bond amortization schedule for the bonds.
Payment Cash Effective interest Decrease in balance Outstanding balance
9,080
1 400 409 9 9,089
2 400 409 9 9,098
3 400 409 9 9,107
4 400 410 10 9,117
What is the effective annual rate of interest on the bonds?
a. 9.0%.
b. 4.5%.
c. 8.0%.
d. 4.0%.

Answers

Answer:

The correct option a. 9.0%.

Explanation:

Note: The data in this question are merged together. They are therefore sorted before answering the question. See the attached pdf file for the complete question with the sorted data.

The explanation of the answer is now given as follows:

Effective semiannual interest rate = Effective interest / Previous outstanding balance ……………………. (1)

Using Payment 1 information, we have:

Effective semiannual interest rate = 409 / 9,080 = 0.0450, or 4.50%

Effective annual interest rate = Effective semiannual interest rate * Number of semiannuals in a year = 4.50% * 2 = 9.0%

Therefore, the correct option a. 9.0%.

compare long term leadership task of the educators and short term leadership tasks for educators​

Answers

Answer:

Short term leadership roles on an educator entail the responsibilities associated with day to day needs of learners.

On the other hand , long term roles have to do with planning and implementation of policies aimed at fostering positive outcomes in the learning process.

、HowTotalRevenueChangesWhenPriceChanges?PleaseusetheElasticityandDemand 订curvetoexplainit.​

Answers

If price changes by a larger percentage than quantity demanded (i.e., if demand is price inelastic), total revenue will move in the direction of the price change. ... Demand is unit price elastic, and total revenue remains unchanged. Quantity demanded falls by the same percentage by which price increases.

Better Corp. (BC) began operations on January 1, Year 1. During Year 1, BC experienced the following accounting events: 1. Acquired $7,000 cash from the issue of common stock. 2. Borrowed $12,000 cash from the State Bank. 3. Collected $47,000 cash as a result of providing services to customers. 4. Paid $30,000 for operating expenses. 5. Paid an $8,000 cash dividend to the stockholders. 6. Paid $20,000 cash to purchase land.Required:a. Record the events in an accounting equation like the one shown next. Record the ined Earnings column. b. As of December 31, Year 1, determine the total amount of assets, liabilities, and stockholders’ equity and prepare a balance sheet.
c. What is the amount of total assets, liabilities, and stockholders’ equity as of January 1, Year 2?
d. Assume that the land has a market value of $22,000 as of December 31, Year 1. At what amount will the land be shown on the December 31, Year 1, balance sheet? Why is this amount used in the balance sheet?

Answers

Answer:

Better Corp. (BC)

a. Accounting Equation

Assets                =       Liabilities       +               Equity

1. Cash $7,000                                                   Common stock $7,000

2. Cash $12,000        Bank loan payable $12,000

3. Cash $47,000                                                Service Revenue $47,000

4. Cash ($30,000)                                              Op. expenses ($30,000)

5. Cash ($8,000)                                                Cash dividend ($8,000)

6. Land $20,000 Cash ($20,000)

Assets $28,000   =  Liabilities $12,000  + Equity $16,000

b. Total assets = $28,000

Total liabilities = $12,000

Stockholders' equity = $16,000

Balance Sheet as of December 31, Year 1

Assets:

Cash                     $8,000

Land                  $20,000

Total assets      $28,000

Liabilities:

Bank loan         $12,000

Equity:

Common stock $7,000

R/Earnings          9,000

Total equity    $16,000

Liabilities and

 Equity          $28,000      

c. Total assets = $28,000

Total liabilities = $12,000

Total equity = $16,000

d. The Land will be shown on the December 31, Year balance sheet at $20,000.  The reason is that this is the acquisition cost and the land is not held for trading (no information provided).

Explanation:

a) Data and Analysis based on the Accounting Equation:

1. Cash $7,000 Common stock $7,000

2. Cash $12,000 Bank loan payable $12,000

3. Cash $47,000 Service Revenue $47,000

4. Cash ($30,000) Operating expenses ($30,000)

5. Cash ($8,000) Cash dividend ($8,000)

6. Land $20,000 Cash ($20,000)

What are derivatives? Different types of derivatives ? What are Forward contracts ?

What are Futures contracts ? Features and benefits of derivatives ?

Answers

Explanation:

The most common types of derivatives are forwards, futures, options, and swaps. The most common underlying assets include commodities, stocks, bonds, interest rates, and currencies. Derivatives allow investors to earn large returns from small movements in the underlying asset's price.

ABC Systems located in Alabama expects a 9% after-tax rate of return on an equipment investment. The state tax rate is 6%. If the company is in the 34% federal tax bracket, estimate the before-tax rate of return required. Hint: Combined tax rate

Answers

Answer: 14.5%

Explanation:

The after tax return is calculated by the formula:

= Before tax return * (1 - federal tax) * (1 - State tax)

As we have the after tax return, we should work on the before tax:

9% = Before tax return * (1 - 34%) * (1 - 6%)

9% = Before tax return * 0.6204

Before tax return = 9% / 0.6204

= 14.5%

Feedback is important in improving your performance, and we should solicit feedback, and not just wait until someone provides us with feedback. Group of answer choices

a. True
b. False

Answers

Answer:

The given statement is "True".

Explanation:

Feedback would be a significant aspect in improving the accomplishment or organization's success.Requesting or waiting for such feedback might contribute to less and less input, although the organization must request for input, this same person might communicate with the organization by requesting comments.

Thus the above is the correct answer.

study Assume that you are going to invest $120,000 in a two asset portfolio. You will invest $80,000 in the fully diversified market portfolio and the remainder of your funds will be invested in the riskless security. Assume the market risk premium is 8% and the riskless return is 4%. Compute the expected return on this portfolio.

Answers

Answer:

9.33%

Explanation:

The expected return of  two asset portfolio is the weighted average of individual assets' expected to return as computed thus:

Portfolio expected return=(weight of market portfolio*expected return of market portfolio)+(weight of riskless security*expected return of riskless security)

weight of market portfolio=amount invested in market portfolio/total invested amount

weight of market portfolio=$80,000/$120,000=66.67%

expected return of market portfolio=market risk premium+riskless return

expected return of market portfolio=8%+4%=12%

weight of riskless security=1-66.67%=33.33%(since total investment which is 100% is 1)

expected return of riskless security=4%

Portfolio expected return=(66.67%*12%)+(33.33%*4%)

Portfolio expected return=\=9.33%

Brinkley Corporation needs to estimate the profit for a new product. Profit is selling price minus cost. The selling price for the product will be $45/unit. The cost of the new product will comprise procurement, labor, and transportation costs. Probability distributions for the purchase cost, the labor cost, and the transportation cost are estimated as follows:

Procurement Cost ($) Probability Labor Cost ($) Probability Transportation Cost ($) Probability
10 0.25 20 0.10 3 0.75
11 0.45 22 0.25 5 0.25
12 0.30 24 0.35
25 0.30

Required:
Compute profit per unit for the worst case.

Answers

Answer:

Brinkley Corporation

Profit per unit for the worst case is:

= $7.05.

Explanation:

a) Data and Calculations:

Selling price for the product = $45 per unit

Cost of the new product =

Procurement  Probability    Labor    Probability  Transportation Probability

   Cost ($)                          Cost ($)                             Cost ($)

10                     0.25              20            0.10                  3                   0.75

11                      0.45              22            0.25                 5                  0.25

12                     0.30              24            0.35

                                             25            0.30

Procurement  Probability    Labor    Probability  Transportation Probability

   Cost ($)                          Cost ($)                             Cost ($)

2.50 (10 * 0.25)                 2.00 (20 * 0.10)                 2.25 (3 * 0.75)

4.95 (11 * 0.45)                  5.50 (22 * 0.25)                 1.25 (5 * 0.25)

3.60 (12 * 0.30 )                8.40 (24 * 0.35)

                                         7.50 (25 * 0.30)

11.05                               23.40                                    3.50

Procurement cost =  $11.05

Labor cost =              23.40

Transportation cost    3.50

Total cost =             $37.95

Selling price per unit = $45.00

Total cost per unit          37.95

Profit per unit =              $7.05

The present value of a perpetual tax shield increases as the firm's tax rate ________ and as the amount of the debt ________.
a. increases; increases
b. increases; decreases
c. decreases; decreases
d. decreases; increases

Answers

Answer:

B

Explanation:

The value of tax shield is simply given as corporate tax rate times the cost of debt times the market value of debt.

If the debt is constant and perpetual, the company’s tax shield depends only on the corporate tax rate and the value of debt. Then the present value of tax shield equals the discounted value of debt

The Real Option Inc. is considering a new project. It believes that each year it would be able to sell 15 units at a $300,000 per-unit after-tax profit (i.e., per-unit operating cash flow) for the next five years. A $14.8 million initial investment will be required at the beginning of the project. The appropriate discount rate is 16 percent.

Required:
Calculate the base-case NPV of this project.

Answers

Answer:

NPV = $10.708 million

Explanation:

The base case NPV is that calculated by discounting the after-tax cash flow by the cost of equity based on  asset beta. The base-case NPV does not consider the financing effect of the any particular finance source used to fund the project.

NPV = PV of cash inflow   - Initial outlay

After-tax cash flow = 300,000×15= 4.5 million

PV of cash inflow = cash inflow × A × (1- (1+r)^(-n)/r

                                4.5 ×( 1- (1.16^-5)/0.16= 25.508 million

NPV = PV of cash inflow - Initial outlay

NPV = 25.508 million - 14.8 million

NPV = $10.708 million

Isabelle provides her subordinates with plenty of opportunities to grow and be recognized at their job by allowing them to take on challenging tasks and letting them have more control and authority over their jobs. Which strategy is Isabelle using to motivate her subordinates

Answers

Answer:

Job enrichment

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

In this scenario, the strategy Isabelle is using to motivate her subordinates is job enrichment by giving or granting them greater satisfaction in their jobs.

Mighty Safe Fire Alarm is currently buying 62,000 motherboards from MotherBoard, Inc. at a price of $66 per board. Mighty Safe is considering making its own motherboards. The costs to make the motherboards are as follows: direct materials, $32 per unit; direct labor, $12 per unit; and variable factory overhead, $15 per unit. Fixed costs for the plant would increase by $87,000. Which option should be selected and why

Answers

Answer:

d) Make, Increase in profits $434,000

Explanation:

                            Differential analysis

                                               Make                                Buy

Direct material   (62000I*32) $1,984,000

Direct labor              (62000*12)  $744,000

Variable overhead   (62000*15)  $930,000

Purchase cost                                                      (62000*66) $4,092,000

Total relevant cost                      $3,658,000                         $4,092,000

So, the Company Should make because the cost is lower. Increase in profits $434,000 ($,092,000-$3,658,000)

In their evaluation of his performance as a trainer in the sales department of Pharmex, Heath's supervisors look at such factors as the as the amount of time he spends with each of his trainees, his coverage of all key points, his success rate in turning out trained salespeople within the amount of time allotted, and so forth. In other words, Heath's supervisors are evaluating his:_____.
a. responsibility.
b. job performance.
c. boosterism.
d. job commitment.

Answers

Answer: B. Job performance

Explanation:

Job performance simply means the level to which the job responsibilities of an employee is being successfully fulfilled by the person.

Since the factors being evaluated are the amount of time that the trainer spends with each of his trainees, the coverage of key points, his success rate in turning out trained salespeople within the amount of time allotted etc, then it can be infer that his job performance is being evaluated.

When evaluating a chi-square test, describe the importance of the goodness of fit test. Provide an example and explain how the test is used to evaluate data. In replies to peers, provide additional examples not already discussed.

Answers

Answer:

Explanation:

Whenever you merely have one categorical variable within a single population, the goodness fit test is utilized.  It's used to see if sample data matches a hypothesized or predicted distribution.

It's used to figure out how a particular phenomenon's observed value differs from the predicted value.

It can also be employed to make comparison of the observed sample to the sample distribution that should have been expected. It determines how closely the theoretical distribution corresponds to the empirical distribution.

Using this as an additional example that has not been discussed:

Consider a firm that produces a card deck. According to the company, 25% of its cards were clubs, 60% were diamonds but not hearts, and 15% were spades.  We may collect a random sample of card decks and do a goodness of fit test to check if our sample distribution varied substantially from the company's reported distribution.

Vaughn, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow. Year Ended December 31 Inventory at Current-Year Cost Price Index 2019 $20,000 100 2020 22,464 108 2021 26,334 114 Compute the value of the 2020 and 2021 inventories using the dollar-value LIFO method.

Answers

Answer:

Year Ended December 31            Inventory at Current-Year Cost     Price Index

2019                                                        $20,000                                     100

2020                                                       $22,464                                      108

2021                                                        $26,334                                       114

Inventory at base year prices:

2020 = $20,800

2021 = $23,100

Change from prior yer:

2020 = $800

2021 = $2,300

Dollar value:

2020 = $20,000 + ($800 x 1.08) = $20,864

2021 = $20,864 + (2,300 x 1.14) = $23,486

Assume that the CAPM is a good description of stock price returns. The market expected return is 8% with 12% volatility and the risk-free rate is 3%. New news arrives that does not change any of these numbers, but it does change the expected returns of the following stocks:
Stock Expected Return Volatility Beta
Taggart Transcontinental 8% 28% 1.2
Rearden Metal 13% 40% 1.7
Wyatt Oil 7% 20% 0.8
Nielson Motors 10% 32% 1.3
The expected alpha for Taggart Transcontinental is closest to:_______
A) -3%
B) -1%
C) 1%
D) 3%
E) 0%

Answers

Answer:

b. -1%

Explanation:

Expected Alpha = E[rs] - [rf+ B(rm- rf)]. Where rf+ B(rm- rf) is the CAPM return, rf= risk free return, B = Beta of security, rm= return of market, E[rs]= Expected return of security

Expected Alpha = 8% - [3%+1.2*(8%-3%)

Expected Alpha = 8% - 9%

Expected Alpha = -1%

So, the expected alpha for Taggart Transcontinental is closest to -1%.

The adjusted trial balance of Novak Corp. shows these data pertaining to sales at the end of its fiscal year, October 31, 2022: Sales Revenue $907,200; Freight-Out $13,600; Sales Returns and Allowances $19,800; and Sales Discounts $15,200.

Required:
Prepare the sales section of the income statement.

Answers

Answer:

$872,200

Explanation:

Preparation of the sales section of the income statement.

NOVAK CORP Income Statement ( Partial)

for the year ended 31 Oct, 2022

Revenue [Net Sales]

Sales Revenue $907,200

Less:

Sales Return & Allowances ($19,800)

Sales Discounts ($15,200)

Net Sales $872,200

Therefore the sales section of the income statement is $872,200

When making business changes in the short run, management sometimes gets locked in to certain costs arising from previous decisions. This is type of cost is best known as:_______.
a. controllable.
b. differential.
c. uncontrollable.
d. sunk.

Answers

Answer: This is the type of cost known as Sunk.

sunk cost is a cost that has already been incurred and cannot be recovered. Sunk costs are contrasted with prospective costs, which are future costs that may be avoided if action is taken.

A sunk cost refers to money that has already been spent and which cannot be recovered. ... Sunk costs are excluded from future business decisions because the cost will remain the same regardless of the outcome of a decision.

The sunk cost effect is manifested in a greater tendency to continue an endeavor once an investment in money, effort, or time has been made. Evidence that the psychological justification for this behavior is predicated on the desire not to appear wasteful is presented.

Do you think that MTV’s future lies mostly in its international operations? Explain your

Answers

After careful consideration the answer to this problem looks to be

There are several ways that central banks can increase or decrease the money supply. Match the descriptions below with the corresponding policy tool. It is possible that a description does not apply to any of the terms.

a. Open Market Operations
b. Reserve Requirement
c. Discount Rate

1. A government printing more currency.
2. An increase in the percentage of deposits that bank must keep on hand.
3. An increase in the interest rate that a central bank charges commercial banks for loans.
4. An increase in government spending
5. A central bank purchasing existing bonds.

Answers

Answer:

An increase in the percentage of deposits that bank must keep on hand- RESERVE REQUIREMENT

2. An increase in the interest rate that a central bank charges commercial banks for loans - DISCOUNT RATE

Open Market Operations - A central bank purchasing existing bonds.

1 and 4 are not instances of monetary policy

Explanation:

Monetary policy are policies taken by the central bank of a country to shift aggregate demand.

Tools of monetary policy

1. Open market operations : government can either sell bonds to the public, this is known as open market sales. this is an example of an contractionary policy or it can buy bonds from the public. this is known as open market purchase. it is an expansionary policy

2. Reserve Requirement : Reserves are the proportion of deposits required by the central bank that banks keep

If reserve requirement is increased, it is an example of a contractionary policy. If on the other hand, it is reduced, it is an example of an expansionary policy.

3. Discount rate : this is the rate at which the central bank lends to commercial banks. An increase in discount rate is a contractionary policy while an decrease in discount rate is an expansionary policy

There are two types of monetary policy :

Expansionary monetary policy : these are polices taken in order to increase money supply. When money supply increases, aggregate demand increases. reducing interest rate and open market purchase are ways of carrying out expansionary monetary policy

Contractionary monetary policy : these are policies taken to reduce money supply. When money supply decreases, aggregate demand falls. Increasing interest rate and open market sales are ways of carrying out contractionary monetary policy

Goals of monetary policy include  

• financial market stability  

• economic growth

• high employment  

• price stability

How does your new budget help you to meet your long-term goal of saving for college?

Answers

Answer:

make sure in the budget your savings are enough for college in the time you want

that is the expenditure must not over wegh the income...you should save as much as possible

Answer:

A budget helps create financial stability.

Explanation:

Why is budgeting crucial for college students?

Budgeting assists you in achieving your academic and financial objectives.

A budget will also assist you in anticipating unforeseen costs and challenges. Budgeting necessitates difficult decision-making, but creating goals will make the process easier.

How can Budgeting helps individual?A budget aids in financial security A budget makes it simpler to pay bills on time, develop an emergency fund, and save for significant purchases like a car or home by tracking costs and sticking to a plan. A budget, in general, puts a person on a better financial footing in the short and long term.Goal of Budget-

A budget is used to plan, manage, track, and improve one's financial status. In other words, a budget keeps you on track toward your long-term financial goals by allowing you to regulate your spending and consistently save and invest a percentage of your income.

Learn more about Budgeting here-

https://brainly.com/question/6663636

#SPJ2

Hector Company reports the following: July August September Sales $ 32,000 $ 40,000 $ 44,000 Purchases 19,520 24,400 32,000 Payments for purchases are made in the month after purchase. Selling expenses are 16% of sales, administrative expenses are 12% of sales, and both are paid in the month of sale. Rent expense of $3,300 is paid monthly. Depreciation expense is $1,600 per month. Prepare a schedule of budgeted cash payments for August and September.

Answers

Answer:

ask brainly

Explanation:

Juanita worked hard all year so that she could go to nursing school the following year. She put her savings into a mutual fund that paid a nominal interest rate of 4 percent a year. The CPI was 252 at the beginning of the year and 257 at the end of the year. What was the real interest rate that Juanita earned?

Answers

Answer:

1.98%

Explanation:

Inflation rate = (CPI at the end of the year / CPI at the beginning of the year) - 1

(257 / 252) - 1 = 0.01984 = 1.984%

(1 + nominal interest rate) = (1 + inflation rate) (1 + real interest rate)

1.04 = 1.01984 x  (1 + real interest rate)

(1 + real interest rate)  = (1.04 / 1.01984) - 1 = 1.98%

Several years ago, Judy purchased a $1,000 par value corporate bond in the secondary market for $965. Although the bond still has several years until maturity, similar bonds in the marketplace are now selling at a premium with a market price of $1,065. If Judy were to sell her bond, how much, if any, would be treated as a capital gain

Answers

Answer: $100

Explanation:

The capita gain is simply the difference between the price that Judy bough the bond at and the price of the bond should Judy decide to sell it now.

Capital gain is therefore:

= Selling price - Buying price

= 1,065 - 965

= $100

financial lit Banks offer other types of services such as safe deposit boxes for customers to store valuable documents. List at least two other types of non-account services that the provider makes available to customers, either for a fee or at no cost.

Answers

Answer and Explanation:

Banks offer agency services too such as being trustees, executors, or financial advisors to their customers. They can also stand as guarantee for their customers.

Banks also offer reference services. They provide information on the financial position or strength of their customers for the purpose of a customer's business dealing. This is usually done confidentially and with the permission of the customer

What is salary system?

Answers

Answer:

Salary systems – also referred to as compensation plans or pay structure – are a collection of steps, policies and practices employers use to pay employees for their work. Salary systems consist of more than producing a weekly, biweekly or bimonthly paycheck.

Explanation:

At the end of January, the unadjusted trial balance of Windsor, Inc. included the following accounts: DEBIT CREDIT Sales (80% of this is credit sales) $500,000 Accounts Receivable $340,000 Allowance for Doubtful Accounts $800 Answer the following 2 questions: 1) Windsor uses the balance sheet approach in estimating uncollectible accounts expense, and aging the accounts receivable indicates the estimated uncollectible portion to be $7,400. What is the amount of uncollectible accounts expense recognized in Windsor's income statement for January

Answers

Answer:

$6,600

Explanation:

Calculation to determine What is the amount of uncollectible accounts expense recognized in Windsor's income statement for January

Using this formula

Uncollectible accounts expense=estimated uncollectible portion-Allowance for Doubtful Accounts

Let plug in the formula

Uncollectible accounts expense=$7400-$800

Uncollectible accounts expense=$6,600

Therefore the amount of uncollectible accounts expense recognized in Windsor's income statement for January is $6,600

Other Questions
A dilation has center (0,0). Find the image of the point B (7/4,-3/4) for the scale factor 1/4. What is the scale factor of Triangle XYZ to Triangle UVW? A.10 B.5 C.1/5 D. 1/10This da last question forAPEXPlease help!! Periwinkle Manufacturing Company has the following budgeted costs for 10,000 units: Variable Costs Fixed CostsManufacturing $200,000 $75,000 Selling & Administrative 100,000 25,000Total $300,000 $100,000What is the initial selling price needed to obtain a target profit of $200,000 using the variable cost markup method?A. $30.B. $55.C. $60.D. $50. explanation about Cardinal number Carolyn relation cardinals Read the paragraph.Even though my life is very busy, I spend as much time as I can with my family. I often ask my dad, who is an excellent athlete to play soccer with me. I also enjoy taking walks, baking desserts, and playing cards with my mom. However, nothing is better than watching movies with my loyal cat, Max.How should the second sentence of this paragraph be written so that it correctly uses commas?I often, ask my dad, who is an excellent athlete to play soccer with me.I often ask my dad, who is an excellent, athlete to play soccer with me.I often ask my dad, who is an excellent athlete, to play soccer with me.I often ask my dad, who is an excellent athlete to play, soccer with me. 1. The set of ordered pairs {(-2, 4), (0,3), (4,11), (7. - 1)}| defined y as a function of x. Which of the followingoutput of the function when its input is 4?A) -1B)-2C) 0D) 11 Rearrange the formula to make x the subject.y = 4x + 3 Which transformation reflects a figure across the y-axis Which one of the following statements concerning vitamin B12 is correct?A\ it is present in plant products. B\ its deficiency is most often caused by a lack of the vitamin in the diet. C\ it requires a specific glycoprotein for its absorption.D\ it is involved in the transfer of amino groups. E\ the cofactor from is vitamin B12 itself. Following it's defeat in World War I, the Ottoman Empire: A. began a campaign of genocide against Armenian communities that did not support the war.B. adopted a communist form of government because of pressure from the Russian Bolsheviks.C. allowed ethnic groups in its territory to create new countries based on self-determination.D. gave up control of its African and Middle Eastern territories to the European Allies. Triangle ABC is translated to create triangle DFG, as shown below.2y + 12 cm212y - 3) cm312x + 10) cm12x + 12 cmGIn these triangles, side AB is congruent to side DF, and side BC is congruent to side FG. Determine the values of xandyShow your work Lori has 12 1/2 pounds of flour. She needs 1 3/4 pounds of flourfor each batch of cookies. How many batches can Lori make? A-21B.1-1The midpoint of AB = ([?],[ ]) What is the basic relationship between scarcity and choice? A) Absolute Advantage B) Free Enterprise C) Strategic Industry D) Planned Economy what is a 36% markup to $150 dallors Which statement best describes a command economy?Government intervention in economic choices is strictly forbidden.The government determines economic choices and makes most decisions.The decisions made by producers and consumers drive all economic choices.Producers and consumers make some economic choices while the government makes others. PLEASE HELP ASAP!!Q: Use the graph of f below. Assume the entire function is graphed below. Find where f(x) Which graph shows a dilation? help please and thank u Which group gained voting rights in the 1820s and 1830s?A. White womenB. Black malesC. Black womenD. White males