g At the beginning of the year, Calvin paid $5,000 for 60 shares of Eddington stock. In June, he received a $300 cash distribution with respect to the stock. His Form 1099-DIV reported that $170 was an ordinary dividend and $130 was a nontaxable return of capital. Compute Calvin's tax basis in his 60 shares at year-end.

Answers

Answer 1

Based on the information given Calvin's tax basis in his 60 shares at year-end is $4,870.

Using this formula

Tax basis=Beginning  cash-Nontaxable return of capital

Where:

Beginning cash=$5,000

Nontaxable return of capital=$130

Let plug in the formula

Tax basis=$5,000-$130

Tax basis=$4,870

Inconclusion Calvin's tax basis in his 60 shares at year-end is $4,870.

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Related Questions

a. According to the Coase theorem, private parties can negotiate to an efficient solution in the presence of externalities if the _______________ relatively low.
b. Suppose Jeremy, Francis, and Andrew are part of Mu Epsilon Nu, a college fraternity known for its very loud, rambunctious weekend parties. The parties annoy many of the residents in nearby apartment complexes due to the loud music and blaring neon lights. This is an example of :

Answers

According to the Coase theorem, private parties can negotiate an efficient solution in the presence of externalities if the transaction costs are relatively low.

When Jeremy, Francis, and Andrew are part of Mu Epsilon Nu, a college fraternity known for its very loud, rambunctious weekend parties and the parties annoy many of the residents in nearby apartment complexes due to the loud music and blaring neon lights, it illustrates an example of an external cost.

An external cost simply means the cost that is incurred by an individual or firm as a result of the economic transactions of another entity.

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When you are saving money you are: A:gathering B:cutting back C:discounting D:accumulating​

Answers

Answer:

accumulating?

Explanation:

A partnership began its first year of operations with the following capital balances: Young, Capital $ 143,000 Eaton, Capital $ 104,000 Thurman, Capital $ 143,000 The Articles of Partnership stipulated that profits and losses be assigned in the following manner: Young was to be awarded an annual salary of $26,000 and $13,000 salary was to be awarded to Thurman. Each partner was to be attributed with interest equal to 10% of the capital balance as of the first day of the year. The remainder was to be assigned on a 5:2:3 basis to Young, Eaton, and Thurman, respectively. Each partner withdrew $13,000 per year. Assume that the net loss for the first year of operations was $26,000 with net income of $52,000 in the second year. What was the balance in Thurman's Capital account at the end of the second year

Answers

From the information given, the balance that will be in the capital account of Thurman at the end of the second year will be $132860.

The partners account at the end of the second year for Thurman will be calculated thus:

Beginning capital = $126100Add: Net income = $19760Less: Drawings = $13000Ending capital = $132860

Therefore, the balance in the account will be $132860.

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Discussion Questions
15-1. This chapter discusses four important issues
that will shape compensation professionals?
work for years to come. Which one of these
issues stands to create the greatest uncertainty
for compensation professionals? Explain
your answer.

Answers

The question is about the Compensation of professionals and its issues.

The most important issue out of the four discussed is the workforce diversity, this creates a great uncertainty in compensating the professionals.

Diversity in professionals create an environment where a group of people are working more and hard while the other group of people does not work much hours but still the compensation is on a similar level and sometimes when this compensation is varied with the group it is highly regarded as the inequality.

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If the lowest-paid employee earned $15,000 a year, what would the maximum salary be for the highest-paid manager under the 7-to-1 rule?

Answers

Under the 7-to-1 rule, the maximum salary that would be paid to the highest-paid manager is $105,000.

Data and Calculations:

Lowest-paid employee's annual earnings =$15,000

Maximum-Minimum Salary Rule = 7-to-1

The maximum salary paid to the highest-paid manager = $105,000 ($15,000 x 7).

Thus, the maximum salary paid to the highest-paid manager under the company's 7-to-1 rule is $105,000.

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Meg O’Brien received a gift of some small-scale jewelry manufacturing equipment that her father had used for personal purposes for many years. Her father originally purchased the equipment for $1,860. Because the equipment is out of production and no longer available, the property is currently worth $5,250. Meg has decided to begin a new jewelry manufacturing trade or business. What is her depreciable basis for depreciating the equipment?

Answers

Answer:

1,700

Explanation:

"O’Brien received a gift of some small-scale jewelry manufacturing equipment that her father had used ...". O’Brien has to take into consideration the factors that affect depreciation as well as the continuous rise situation of the equipment.

What is depreciation?

Generally, depreciation is simply defined as owing to wear and tear, an asset's value decreases over time.

In conclusion, her depreciable basis for depreciating the equipment will be the ratio of diminishing depreciation against the price increase.

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what ideas do you feel the organization should have the opportunity to mandate without union involvement?

Answers

Answer:

any ideas that would improve things for the employees. if the ideas result in the deterioration of employees' well-being, safety or anything regarding the employees, the the union would get involved. the union exists for this reason.

Which one Life Instinct
A. the collection of wish
B. Negative aspects
C. Positive aspects
D. Pleasure oriented
E. the manager of personality

Answers

Considering the available options, the one that is Life Instinct is "Pleasure oriented."

What is Life Instinct?

Life Instinct is a term used to describe the activities of humans that are conducted towards survival.

Examples of Life InstinctSexual instinctsDrive to liveBasic instinctual impulses like thirst and hunger, etc.

Hence, in this case, it is concluded that the correct answer is option D. "Pleasure oriented."

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In 2018, Joshua gave $12,300 worth of XYZ stock to his son. In 2019, the XYZ shares are worth $28,800. If Joshua had not given his son the stock in 2018 and held onto it instead, how much more would his estate have been worth than if he had made the gift

Answers

Answer:

It has given that Joshua gave $15000 worth of XYZ stock to his son during 2018.

Explanation:

A share is a bit of a company or fiscal asset power shareholders are who enjoy shares in a company.

Computation for total quantum of how much more would his estate have been worth than if he had made his gift.

Since we were told that in 2018, Joshua gave the quantum of $12,300 to this son, the XYZ shares are worth the quantum of $28,800. If Joshua had not given his son the stock in 2018 then the ($28,800+$12,300) much more would his estate have been worth than if he had made the gift.

The answer is $12,300

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Mars Mission Inc. is a regulated publicly held corporation. Under the Securities Act of 1934, Mars is required to a. engage in market surveillance to deter undesirable practices. b. disclose information about its organization and financial situation. c. contribute to the operations of national stock exchanges. d. all of the choices.

Answers

Mars Mission Inc. which us a regulated publicly held corporation, were required to  B: disclose information about its organization and financial situation. Under the Securities Act of 1934.

The Securities Exchange Act of 1934 was set up  to oversee securities transactions that are related to secondary market.

And to ensure greater financial transparency and  accuracy and this is what is expected from Mars Mission Inc which is under this act.

Therefore, option B is correct.

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Knowledge Check 01 An increase in a current asset account, other than cash, results in an addition in calculating operating cash flows. Group startsTrue or False

Answers

Answer:

true

Explanation:

since you are ready to learn the lesson with the idea that you gained from the previos activity.



executive Summary in cooperatives​

Answers

Answer:

In recent years there has been growing interest in having fisheries stakeholders involved in various aspects of fisheries data collection and experimentation. This activity is generally known as cooperative research and may take many forms, including gear technology studies, bycatch avoidance studies, and surveys. While the process is not new, the current interest in cooperative research and the growing frequency of direct budgetary allocation for cooperative research prompted this report. Cooperative Research in the National Marine Fisheries Service addresses issues essential for the effective design and implementation of cooperative and collaborative research programs.

Please answer the questions in the image. This is so frustrating....

Answers

I don’t see the image

Covan, Inc. is expected to have the following free cash​flow:
Year 1 2 3 4
FCF 13 15 16 17 Grow by 4% per year
a. Covan has 66 million shares​ outstanding, 33 million in excess​ cash, and it has no debt. If its cost of capital is 13%​, what should be its stock​ price?
b. Covan reinvests all its FCF and has no plans to add debt or change its cash holdings​ (it does not invest its cash​ holdings). If you plan to sell Covan at the beginning of year​ 2, what is its expected​ price?
c. Assume you bought Covan stock at the beginning of year 1. What is your expected return from holding Covan stock until year​2?

Answers

Answer:

a

Explanation:

you add

You are replacing a team’s leader and have noticed a number of team norms. If you are wondering how certain behaviors got established as acceptable, you should inquire about:

CHECK ALL THAT APPLY
- What behaviors research has shown are most productive for teams
- Patterns of behavior that were laid down during the forming stage, when the team was just starting out
- Explicit statements that influential people have made about what behaviors are good and bad
- Critical events in the team’s history that reinforced certain behaviors

Answers

Answer:

✘ What behaviors research has shown are most productive for teams

✔ Patterns of behavior that were laid down during the forming stage, when the team was just starting out  

✔ Explicit statements that influential people have made about what behaviors are good and bad  

✔ Critical events in the team’s history that reinforced certain behaviors

You should inquire about Patterns of behavior that were laid down during the forming stage, when the team was just starting out, Explicit statements that influential people have made about what behaviors are good and bad, and Critical events in the team’s history that reinforced certain behaviors. Thus, option B, C and D are correct.

What are patterns of behavior?

Chains of behavior is another name for behavior patterns, emphasizing its structure as a complex connection of simpler behavioral segments. They could be created through operant conditioning using different segments presented in the right sequence. referred to as a behavioral pattern.

Some actions can be picked up through experience. Any person can be conditioned to act a certain way, regardless of background. This can start as early as infancy. For instance, if you were raised in a home where someone struggles with anxiety, you may have picked up on coping mechanisms or ways of handling situations that are similar. This may thus create the appearance that you suffer from anxiety yourself, but this is not the case.

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As a long-term investment, Fair Company purchased 20% of Midlin Company's 300,000 shares for $360,000 at the beginning of the reporting year of both companies. During the year, Midlin earned net income of $135,000 and distributed cash dividends of $0.25 per share. At year-end, the fair value of the shares is $375,000. Assume no significant influence was acquired. Record the transactions from the purchase through the end of the year, including any adjustment for the investment’s fair value, if appropriate. 2. Assume significant influence was acquired.

Required:
Record the transactions from the purchase through the end of the year, including any adjustment for the investment’s fair value, if appropriate.

Answers

The appropriate journal entry to record the transactions from the purchase through the end of the year, including any adjustment for the investment are:

1. Journal entries

1. Debit Investment in Midlin common shares $360,000

Credit Cash $360,000

(To record investment in Midlin common shares)

2. No journal entry required

3.  Debit Cash $15,000

($300,000×$0.25×20%)

Credit  Investment revenue $15,000

(To record dividend received)

4. Debit Fair value adjustment  $15,000

Credit Net unrealized holding gains and losses- OCI $15,000

($375,000-$360,000)

(To record fair value adjustment)

2. Journal entries

1. Debit Investment in Midlin common shares $360,000

Credit Cash $360,000

(To record investment in Midlin common shares)

2. Debit Investment in Midlin common shares $27,000

Credit Investment revenue $27,000

($135,000×20%)

(To record investment revenue)

3.  Debit Cash $15,000

($300,000×$0.25×20%)

Credit  Investment revenue $15,000

(To record dividend received)

4. No journal entry required

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Mr. Lainson died this year on a date when the total FMV of his property was $12 million and his debts totaled $450,000. His executor paid $15,000 of funeral expenses and $50,000 of accounting and legal fees to settle the estate. Mr. Lainson bequeathed $1 million to Villanova University, $200,000 to the Lutheran church, and $3.5 million to his surviving spouse. He left the remainder of the estate to his children. Compute Mr. Lainson's taxable estate.

Answers

Based on the information given about Mr. Lainson, the taxable estate of the year will be $7,785,000.

The taxable estate for Mr Lainson will be calculated thus:

FMV $12 millionLess: Debt $450000Less: Funeral expense $15000Less: Legal fees $50000Less: Donation ($3.5 million + $200000) = $3.7 millionTaxable estate = $7,785,000

The taxable estate of the year will be $7,785,000.

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SUPPORT NUMBER -1-833.983-2639 | HELP ☎

Answers

Explanation:

what help??

what help ??

expound on the different forms of elasticities of supply

Answers

Answer:

The price elasticity of supply is the percentage change in quantity supplied divided by the percentage change in price. Elasticities can be usefully divided into five broad categories: perfectly elastic, elastic, perfectly inelastic, inelastic, and unitary.

Explanation:

The first step in pursuing your financial goals is_______. PLEASE HELP

Answers

Answer:

The first step towards realizing your financial goals is creating a realistic budget. A budget is simply a spending plan that is based on your expenses and income. A written plan helps you stay on track, day to day and month to month, for meeting your financial goals. For most students, debt is a part of life.

Explanation:

Hope this helps!

The first step towards realizing our financial goals is creating a realistic budget and evaluating our current financial situation.

What is a budget?

Simply put, a budget is a spending plan based on our income and outgoings.  A written plan keeps you on track to meet your financial goals on a daily and monthly basis. It is a financial plan that details expected expenses and income for a specific time period.

To assist us in achieving our financial objectives, develop a financial plan. Taking inventory of what we have and considering what we need is a good place to start. Keep track of our income and expenses. We may move forward with confidence when we know how much money we can dedicate to certain objectives each month.

Therefore, a realistic budget is the first stage of the financial planning process and it can change our financial situation.

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Lone Star Meat Packers is a major processor of beef and other meat products. The company has a large amount of T-bone steak on hand, and it is trying to decide whether to sell the T-bone steaks as they are initially cut or to process them further into filet mignon and the New York cut.

If the T-bone steaks are sold as initially cut, the company figures that a 1-pound T-bone steak would yield the following profit:


Selling price ($2.40 per pound) $ 2.40
Less joint costs incurred up to the split-off point where
T-bone steak can be identified as a separate product 1.60
Profit per pound $ 0.80

If the company were to further process the T-bone steaks, then cutting one side of a T-bone steak provides the filet mignon and cutting the other side provides the New York cut. One 16-ounce T-bone steak cut in this way will yield one 6-ounce filet mignon and one 8-ounce New York cut; the remaining ounces are waste. It costs $0.19 to further process one T-bone steak into the filet mignon and New York cuts. The filet mignon can be sold for $3.60 per pound, and the New York cut can be sold for $3.30 per pound.

Required:
1. What is the financial advantage (disadvantage) of further processing one T-bone steak into filet mignon and New York cut steaks?
2. Would you recommend that the T-bone steaks be sold as initially cut or processed further?

Answers

1. The Lone Star Meat Packers' financial advantage of further processing one T-bone steak into Filet Mignon and New York cut steaks is $0.41 per pound.

Data and Calculations:

Selling price per pound of T-bone steaks = $2.40

Split-off costs = $1.60

Profit per pound =$0.80 ($2.40 - $1.60)

6-ounce filet mignon = 0.375 pounds (6/16)

8-ounce New York cut = 0.5 pounds (8/16)

Further processing costs = $0.19

New sales prices after further processing:

Filet Mignon = $1.35 ($3.60 x 0.375)

New York cuts = $1.65 ($3.30 x 0.5)

Total price per pound = $3.00

Total cost after further processing = $1.79 ($1.60 + $0.19)

Profit per pound after further processing = $1.21 ($3.00 - $1.79)

Financial advantage from further processing = $0.41 ($1.21 - $0.80)

Thus, the financial advantage of further processing one T-bone steak into Filet Mignon and New York cut steaks is $0.41 per pound.

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On Apr. 1, you, the business owner donated the following assets to Eat Your Life Away: cash,
$20,000; accounts receivable, $14,700; food supplies, $3,300; and Kitchen Utensils, $12,000.
There were no liabilities received. On the same day, you paid three months’ rent on a lease rental
contract, $6,000. The following day, you paid the premiums on property and casualty insurance
policies, $4,200.
On April 4, you received $9,400 cash from BTL who had contracted you to supply food for its
50 employees for the month of April. As a result of this BTL contract, you purchased on the
following day additional restaurant office equipment on account from Angelus Press for $8,000.
On April 6, you received $11,700 cash from customers who were owing you from Stann Creek
on account. Because of the competition in the City amongst restaurant owners, on April 10, you
paid Amandala Newspapers $350 cash for a newspaper advertisement to announce your presence
in the city. On April 12, having received the money from your debtors in Stann Creek, you
decided to pay Angelus Press $6,400 for part of the debt incurred on April 5. On the same day,
you provided food worth $21,900 to a major political party having a convention on account for
the period April 1–12. Because of the bi-monthly payment agreement with your cook, you paid
her salary for two weeks of $1,650.
On April 17, you received cash from cash customers for foods sold during the period April 1–16,
$6,600 and you paid cash for food supplies, $725 the following day. Having established that the
political party is trustworthy, you provided additional foods on account for another rally held at
the Bliss Center for the period April 13–20, $16,800.
On April 24, you received cash from cash customers for food sold for the period April 17–24,
$4,450. On April 26, you received cash from the political party who bought food on account,
$26,500. Being another two-weeks period, you paid your cook’s two weeks’ salary of $1,650 on
April 27. You paid your telephone bill of $540 for the month of April on April 29 and BEL bill
of $760 the following day.
On the last day of the month, you received cash of $5,160 from cash customers for food sold for
the period April 25–30, supplied food on account to BTL & Digicel staff on account for the
remainder of April, $2,590. Because you had to pay for personal expenses, you withdrew
$18,000 for personal use.
Instructions
The Belize Income Tax Department wishes to conduct an audit of small businesses in Belize
and “Eat Your Life Away” was selected as one of the businesses the Tax Department
wishes to audit. Hence, it wants you to provide the following:
1. All the journal entries that you made during the month using a two-column journal and would
like you to use the following charts of accounts:
Cash Capital Accounts Receivable
Drawing Food Supplies Sales Revenue
Prepaid Rent Salary Expense Prepaid Insurance
Food Supplies Expense Kitchen Utensils Rent Expense
Accumulated Depreciation-Kitchen Utensils Depreciation Expense
Accounts Payable Insurance Expense Salaries Payable
Miscellaneous Expense Unearned Revenues
2. Post the journal to a ledger accounts.
3. Prepare an unadjusted trial balance.

Answers

Eat Your Life Away will prepare the following journal entries, post them to the ledger, and extract an unadjusted trial balance as follows:

1. Journal Entries:

Apr. 1 Debit Cash $20,000

Debit Accounts receivable $14,700

Debit Food supplies $3,300

Debit Kitchen Utensils $12,000

Credit Capital $50,000

Apr. 2 Debit Prepaid Rent $6,000

Credit Cash $6,000

Apr. 3 Debit Prepaid Insurance $4,200

Credit Cash $4,200

Apr. 4 Debit Cash $9,400

Credit Unearned Revenue $9,400

Apr. 5 Debit Kitchen Utensils $8,000

Credit Accounts Payable $8,000

Apr. 6 Debit Cash $11,700

Credit Accounts receivable $11,700

Apr. 10 Debit Advertising Expense $350

Credit Cash $350

Apr. 12 Debit Accounts Payable $6,400

Credit Cash $6,400

Apr. 12 Debit Accounts Receivable $21,900

Credit Sales Revenue $21,900

Apr. 12 Debit Salary Expense $1,650

Credit Cash $1,650

Apr. 17 Debit Cash $6,600

Credit Sales Revenue $6,600

Apr. 18 Debit Food Supplies $725

Credit Cash $725

Apr. 20 Debit Accounts Receivable $16,800

Credit Sales Revenue $16,800

Apr. 24 Debit Cash $4,450

Credit Sales Revenue $4,450

Apr. 26 Debit Cash $26,500

Credit Accounts Receivable $26,500

Apr. 27 Debit Salary Expense $1,650

Credit Cash $1,650

Apr. 28 Debit Miscellaneous Expense $540

Credit Cash $540

Apr. 29 Debit Miscellaneous Expense $760

Credit Cash $760

Apr. 30 Debit Cash $5,160

Credit Sales Revenue $5,160

Apr. 30 Debit Unearned Revenue $2,590

Credit Sales Revenue $2,590

Apr. 30 Debit Drawings $18,000

Credit Cash $18,000

2. Ledgers Accounts:

Cash

Date   Account Titles               Debit       Credit

Apr. 1 Capital                        $20,000

Apr. 2 Prepaid Rent                              $6,000

Apr. 3 Prepaid Insurance                     $4,200

Apr. 4 Unearned Revenue   $9,400

Apr. 6 Accounts receivable $11,700

Apr. 10 Advertising Expense                  $350

Apr. 12 Accounts Payable                   $6,400

Apr. 12 Salary Expense                        $1,650

Apr. 17 Sales Revenue         $6,600

Apr. 18 Food Supplies                            $725

Apr. 24 Sales Revenue       $4,450

Apr. 26 Accounts Receiv. $26,500

Apr. 27 Salary Expense                       $1,650

Apr. 28 Miscellaneous Expense           $540

Apr. 29 Miscellaneous Expense           $760

Apr. 30 Sales Revenue       $5,160

Apr. 30 Drawings                              $18,000

Apr. 30 Balance                                $43,535

Totals                                $83,810    $83,810

Capital

Date   Account Titles        Debit       Credit

Apr. 1 Cash                                       $20,000

Apr. 1 Accounts receivable              $14,700

Apr. 1 Food supplies                          $3,300

Apr. 1 Kitchen Utensils                     $12,000

Apr. 30 Balance              $50,000

Totals                               $50,000 $50,000

Accounts Payable

Date   Account Titles        Debit       Credit

Apr. 5 Kitchen Utensils                   $8,000

Apr. 12 Cash                       $6,400

Apr. 30 Balance                  $1,600

Totals                                  $8,000 $8,000

Accounts Receivable

Date   Account Titles        Debit       Credit

Apr. 1 Capital                    $14,700

Apr. 6 Cash                                       $11,700

Apr. 12 Sales Revenue   $21,900

Apr. 20 Sales Revenue  $16,800

Apr. 26 Cash                                   $26,500

Apr. 30 Balance                               $15,200

Totals                             $53,400   $53,400

Drawing

Date   Account Titles      Debit       Credit

Apr. 30 Cash                $18,000

Food Supplies

Date   Account Titles        Debit       Credit

Apr. 1 Capital                 $3,300

Apr. 18 Cash                     $725

Apr. 30 Balance                         $4,025

Totals                            $4,025 $4,025

Sales Revenue

Date   Account Titles      Debit       Credit

Apr. 12 Accounts Receivable         $21,900

Apr. 17 Cash                                     $6,600

Apr. 20 Accounts Receivable       $16,800

Apr. 24 Cash                                   $4,450

Apr. 30 Cash                                    $5,160

Apr. 30 Unearned Revenue          $2,590

Apr. 30  Balance      $57,500

Totals                        $57,500     $57,500

Prepaid Rent

Date   Account Titles     Debit       Credit

Apr. 2 Cash                   $6,000

Salary Expense

Date   Account Titles     Debit       Credit

Apr. 12 Cash                   $1,650

Apr. 27 Cash                 $1,650

Apr. 30  Balance                        $3,300

Totals                        $3,300     $3,300

Prepaid Insurance

Date   Account Titles  Debit       Credit

Apr. 3 Cash                $4,200

Kitchen Utensils

Date   Account Titles        Debit       Credit

Apr. 1 Capital                   $12,000

Apr. 5 Accounts Payable $8,000

Apr. 30 Balance                                  $20,000

Totals                              $20,000      $20,000

Miscellaneous Expense

Date   Account Titles        Debit       Credit

Apr. 10 Cash                        $350

Apr. 28 Cash                       $540

Apr. 29 Cash                       $760

Apr. 30 Balance                                    $1,650

Totals                                $1,650         $1,650

Unearned Revenues

Date   Account Titles        Debit       Credit

Apr. 4 Cash                                          $9,400

Apr. 30 Sales Revenue  $2,590

Apr. 30 Balance               $6,810

Totals                              $9,400         $9,400

3. Eat Your Life Away

Unadjusted Trial Balance

As of April 30,

Date   Account Titles        Debit       Credit

Cash                                 $43,535

Capital                                              $50,000

Accounts Payable                                 1,600

Accounts Receivable        15,200

Drawings                           18,000

Food Supplies                    4,025

Sales Revenue                                 $57,500

Prepaid Rent                     6,000

Salary Expense                 3,300

Prepaid Insurance            4,200

Kitchen Utensils             20,000

Miscellaneous Expense   1,650

Unearned Revenue                            $6,810

Totals                          $115,910      $115,910

See the attachment for Data Analysis of Transactions.

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On January 1, 2021, the Marjlee Company began construction of an office building to be used as its corporate headquarters. The building was completed early in 2022. Construction expenditures for 2021, which were incurred evenly throughout the year, totaled $9,600,000. Marjlee had the following debt obligations which were outstanding during all of 2021:

Construction loan, 9% $2,400,000
Long-term note, 8% 3,200,000
Long-term note, 5% 6,400,000

Required:
Calculate the amount of interest capitalized in 2021 for the building using the specific interest method.

Answers

The amount of interest capitalized in 2021 for the building using the specific interest method is $360000.

The first thing to do is to calculate the average cost of borrowing which will be:

= ($3200000 × 8%) + ($6400000 × 5%) / $9,600,000

= ($256000 + $320000) / $9600000

= $576000 / $9600000

= 0.06 = 6%

The average expenditure during the year will be:

= $9600000/2.

= $4800000

The capitalized Interest will be:

= 9% × $2400000

= $216000.

Then, the capitalized Interest for the borrowing will be:

= 6% × $2400000

= $144000

The total capitalized Interest will be:

= $216000 + $144000

= $360,000

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In the long run a company that produces and sells popcorn incurs total costs of $1,050 when output is 90 canisters and $1,200 when output is 120 canisters. The popcorn company exhibits a. economies of scale because total cost is rising as output rises. b. diseconomies of scale because total cost is rising as output rises. c. economies of scale because average total cost is falling as output rises. d. diseconomies of scale because average total cost is rising as output rises.

Answers

The popcorn company exhibit economies of scale because average total cost is falling as output rises.

The first step is to determine the average cost when output is 90 and 120 canisters.

Average cost = total cost / total output

average cost when output is 90 = $1050 / 90 = $11.7

average cost when output is 120 = $1200 / 120 = $10

Average cost reduced when output increases from 90 to 120. This is known as economies of scale. A firm experiences economies of scale when as output increases, average total cost reduces.

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If Mark Allen wants to train healthcare providers in the system to communicate better with one another about patient health, which of the following would be appropriate topics for the training?
Check all that apply.

- When members of a patient’s care team experience conflict, their communication should focus on facts rather than judgments, and statements should begin with “I” rather than “you.”
- When a doctor believes a nurse may not understand the instructions for a patient, the doctor should ask the nurse questions about the patient’s care.
- People in management roles, such as physicians and nursing supervisors, should plan to spend about 75% of their time sending information and hone their speaking and writing skills accordingly.
- When one physician asks another for a second opinion, the consulted physician can make sure he understands the patient’s condition by reflecting or restating the information given.

Answers

Answer:

✔ When members of a patient’s care team experience conflict, their communication should focus on facts rather than judgments, and statements should begin with “I” rather than “you.”

✔ When a doctor believes a nurse may not understand the instructions for a patient, the doctor should ask the nurse questions about the patient’s care.

✘ People in management roles, such as physicians and nursing supervisors, should plan to spend about 75% of their time sending information and hone their speaking and writing skills accordingly.

✔ When one physician asks another for a second opinion, the consulted physician can make sure he understands the patient’s condition by reflecting or restating the information given.

The appropriate topics will be-

When members of a patient's care team disagree, they should communicate by focusing on the facts rather than making assumptions, and their sentences should start with "I" rather than "you."When a doctor suspects a nurse may not be comprehending a patient's orders, the doctor should interrogate the nurse on the patient's care.When a doctor seeks a second opinion, the second doctor can ensure that he comprehends the patient's condition by repeating or reflecting back on the information supplied.What is communication?

The transfer of information is the standard definition of communication. The phrase can either be used to describe merely the message being transmitted or the area of a study looking into such transmissions.

The difference between verbal communication, which takes place through the use of language, and non-verbal communication, which includes things like gestures and facial expressions, is crucial.

Visual (via pictures and written language), as well as auditory, olfactory, tactile/haptic, electromagnetic, and biochemical forms of communication, are all possible. Communication between people uses a lot of abstract languages, which makes it special.

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g. The net income attributed or residual to the land is estimated to be $44,000. Land value is estimated to be stable. What is the value of the land if the yield rate is 8%

Answers

The amount of the Value of land will be $550,000.

The formula to use to derive the Value of land is {Annual estimated income from the land / Yield rate}

Given Information

Annual estimated income from the land = $44,000

Yield rate = 8%

Value of land = $44,000 / 8%

Value of land = $44,000 / 0.08

Value of land = $550,000

Hence, the amount of the Value of land will be $550,000.

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At the end of the first pay period of the year, Sofia earned $6,000 of salary. Withholdings from Sofia’s salary include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $540 of federal income taxes, $200 of medical insurance deductions, and $50 of life insurance deductions. Compute Sofia’s net pay for this first pay period. (Round your intermediate and final answers to 2 decimal places.)

Answers

A withholding tax is the amount remitted on the employees behalf by the employer.

When the salary or payroll is computed then that amount is deducted from the earned salary which gives the net salary.

Sofia’s net pay $ 4751

Sofia earned salary of $6,000

Less

FICA Social Security taxes =6.2% ×$6,000= $372

FICA Medicare taxes= 1.45% ×$6,000 =  $87 ,

Federal income taxes, $540

Medical insurance deductions  $200,

Life insurance deductions  $50

Total Deductions: $1075

Sofia’s net pay $ 4751

The FICA , Social Security ,Federal or other taxes are deducted by the government which benefit the citizen in older age or any other difficult circumstances.

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Henderson Company has fixed costs of $35,000 and a contribution margin ratio of 25%. If expected sales are $200,000, what is the margin of safety as a percent of sales

Answers

Answer:

30%

Explanation:

Because self-managed teams were established at the Kinex plant, the number of electrical components produced has increased by 12% and workers seem to have more positive attitudes. Which statement is most likely TRUE about the self-managed teams at Kinex

Answers

The statement that is likely true about self-managed teams at Kinex is that self-managed teams generally control all of their own administrative tasks, including hiring and firing employees.

Self-managed teams made productivity increase and workers have more positive attitudes at Kinex, as this method of management ensures greater autonomy and authority for teams, making work more flexible, faster and more cooperative.

Therefore, self-managed teams are capable of increasing employee development, valuing work, motivation and, consequently, productivity.

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On January 1, 2022, Austin Company received a 12-month, $100,000 note with a stated rate of 7%. On April 30, 2022, Austin discounted the note at the Houston Bank. The bank's discount rate is 8%. What are the cash proceeds from discounting the note receivable?

Answers

Answer:

$101,293

Explanation:

$100,000 face amount + $7,000 interest to maturity ($100,000 x 7%) = maturity value less the discount for the time remaining to maturity of $5,707 ($107,000 x 8% x 8/12) = $101,293

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