the balance in the supplies account before adjustment at the end of the year is $651. the proper adjusting entry if the amount of supplies on hand at the end of the year is $226 would be

A restaurant chain allows managers to hire and fire servers based on punctuality, performance, and customer-service ratings. Delegation of Authority enables the manager to do this.

A restaurant chain is a collection of eateries with several locations that use the same name and have similar menu items. They can either be separately owned through franchising or owned by the same business.

The division of work and assignment of decision-making authority to a person who answers to a leader or management is referred to as delegation of authority. It is an organizational technique in which management assigns each employee a portion of their own workload.

To learn more about the restaurant chain

https://brainly.com/question/16829340

#SPJ4

A company has a net income of $920,000; its weighted-average common shares outstanding are 184,000. Its dividend per share is $0.65, its market price per share is $92, and its book value per share is $82.00. Its price-earnings ratio equals 18.40.

In business and account, net income is a reality's income minus the cost of goods vended, charges, deprecation and amortization, interest, and levies for an account period.

Net income refers to the quantum an individual or business makes after abating costs, allowances, and levies. In commerce, net income is what the business has left over after all charges, including payment and stipend, cost of goods or raw materials, and Gross means before levies and net means after abating levies. What you admit in your bank account is net income. To add over-gross periodic income is the quantum of plutocrat your employer spent on you in a time. The periodic net income is the monthly sum you entered( after duty deduction). levies.

Learn more about net income here: https://brainly.com/question/15530787

#SPJ1

Land’s end mines the data obtained from all customer interactions on its website using marketing analytics tools in order to better understand customers’ needs and to make recommendations to them.

marketing analytics

Marketing analytics can be defined as the tools use by companies  evaluate the market so as to know were their is lapses and the were they need to improve.

This tools as well enables companies to have a better understanding about their customers preference and the best way to satisfied or meet their customers needs.

Therefore we can conclude that marketing analytics can help to understand customers want.

Learn more about  marketing analytics here: https://brainly.com/question/28541094

#SPJ1

If Neely, who is rightfully furious, decides to sue Liam for slander. If Neely sues Liam for libel, Liam's remarks on Neely's written appraisal were most likely made in good faith, in which case Neely will most likely lose the case.

Libel, often referred to as defamation, is when someone produces a false report or statement about another person, which then causes the individual's reputation or character to suffer.

According to the described situation, Neely can only be successful in the case she brings against Liam, her boss if Liam did not make the statement in the best possible faith.

On the other hand, if the supervisor's remarks on Neely's written assessment were made in good faith, Neely may not be successful in her complaint.

In light of this, we might draw the conclusion that Neely's case might not succeed if her supervisor's remark was made in good faith.

To learn more about defamation.

https://brainly.com/question/28194770

#SPJ1

Assuming that monopolist will not discriminate price, the total revenue when price of each jacket is $100 each will be, $2000.

Monopolist could be an individual, group of individuals or companies which solely control the market for a particular good and service that they produce. In a monopoly market there is only one seller known as monopolist, who have all the power to control the prices. Normally prices are higher in monopoly market as there is only one seller and consumers do not have easily available substitute so that they can switch.

In a monopoly market, there are less restrictions on entry and exit, many companies try to capture the market from the monopolist by differentiating their product in terms of price cut.

Learn more about monopoly here:

https://brainly.com/question/5992626

#SPJ4

The contribution margin exists estimated as Revenue - Variable Costs. The contribution margin ratio exists computed as (Revenue - Variable Costs) / Revenue.

The difference between a company's sales and variable costs, represented as a percentage, is the contribution margin ratio. The total income that can be used to cover fixed costs and turn a profit is represented by an entity's total margin.

The contribution margin exists estimated as Revenue - Variable Costs. The contribution margin ratio exists computed as (Revenue - Variable Costs) / Revenue.

The accounting term contribution margin ratio aids managers and business owners in monitoring the profitability of their products. Because it demonstrates how much of a product's income is available to pay fixed costs and contribute to the company's profit, the contribution margin is crucial to comprehend.

To learn more about Contribution Margin Ratio refer to:

https://brainly.com/question/24039258

#SPJ9

As she assesses her timeline for completing a new panel the company plans to introduce for the agriculture industry, Jamie will need to focus on: D. the critical path of the PERT network.

A timeline simply refers to a list of important events or activities that are arranged in a chronological sequence, which is the order in which they happened (occurred).

PERT is an abbreviation for Program Evaluation and Review Technique and it can be defined as a network model that was designed and developed in the late 1950's for the Polaris project of the United State Navy, which had thousands of contractors.

Additionally, the Program Evaluation and Review Technique (PERT) network helps project manager to significantly reduce both the cost and amount of time that is required to successfully complete a project, as well as randomness in activity completion times.

In conclusion, we can reasonably infer and logically deduce that the main purpose of determining the critical path on a Program Evaluation and Review Technique (PERT) network is to enable project managers in identifying the sequence of tasks that takes the longest time to complete, during the execution of a project.

Read more on PERT network here: https://brainly.com/question/26523302

#SPJ1

Complete Question:

Jamie is a development engineer for a manufacturer of solar panels for both residential and commercial purposes. Her company uses PERT network software for all development projects. As she assesses her timeline for completing a new panel the company plans to introduce for the agriculture industry, Jamie will need to focus on

A. ISO 14001 standards.

B. the priority bar of the PERT chart.

C. marketing efforts for promotion.

D. the critical path of the PERT network.

Here the ending inventory will be 20674 and 21514, while the merchandise inventory will be 996 and 156.

All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory.

The end of the year, Randy's parts company had the following items in inventory

Unit  Total Cost Total market             Lower of cost or market

P1    64                    64 × 94 = 6016         64 × 96 = 6144       6016

P2   36                    36 × 63 = 2268        36 × 73 = 2628      2268

P3   83                     83 × 130 = 10790   83 × 118 = 9794     9794

P4   44                     44 × 59 = 2596       44 × 67 = 2948      2596

Total                         21670                       21514                     20674

a) Ending inventory = 20674

b) Adjusting entry

Cost of goods sold (21670-20674) 996  

Merchandise inventory                         996

(To record adjusting entry)  

c) Ending inventory = 21514

d) Adjusting entry

Loss on inventory units (21670 - 21514)  156  

Merchandise inventory                            156

(To record adjusting entry)

Example: Only the newspaper will be regarded as inventory if a newspaper vendor utilizes a vehicle to distribute newspapers to customers.

To learn more about inventory

https://brainly.com/question/15118949

#SPJ4

The trend toward global integration and interdependence of resources like labor, capital, information, and technology is referred to as economic globalization.

What is Economic globalization?
The term "economic globalization" refers to the increasing interdependence of world economies as a result of growing international capital flows, cross-border trade in goods and services, and the widespread and brisk uptake of technology. Economic globalization is exemplified by free trade agreements like the Trans-Pacific Partnership and the North American Free Trade Agreement.

Economic globalization increases corporate productivity and vastly increases the size of all countries' economies. The standard of living and educational attainment of people rise as a result of economic improvements. It also establishes the structural framework for the expansion of education.

To know about Economic globalizations in given link
brainly.com/question/2824360
#SPJ9

The complaint of the employees can be closely linked to the analysis and design function of HR. A performance review is a two-way, one-on-one discussion regarding how an employee's performance has affected their development and growth.

It is an essential part of a company's overall performance management plan. In its most basic form, the HR (Human Resources) department is a team in charge of managing the employee life cycle (i.e., recruiting, hiring, onboarding, training, and terminating employees) and handling benefits administration.

The employees of an organization are described in terms of their education, experience, wisdom, relationships, intelligence, and insight. Numerous administrative duties that keep the company functioning are handled by the HR Operations staff Management of the payroll and data entry and upkeep for the workforce are among these duties.

To learn more about HR Functions, the given link:

brainly.com/question/13405418

#SPJ4

Companies that sell printers for at-home use usually sell the printers at a low price point and sell the corresponding ink cartridges at a very high price point. This strategy is known as Captive product pricing.

Captive product pricing refers to the price of goods that include both a core product and a number of auxiliary or supplementary products that are necessary for the primary product to give its full value. The core product might on occasion be cheap or offered at a discount as compared to peripheral products, which must be acquired in order for the core product to be valuable. This enables the sale of goods with greater margins than the primary item.

Making a core product that exemplifies the fundamental value of the entire product line and following it up with other items that provide enhanced value is one approach to achieving this. Product line pricing, which involves the division of goods and services into cost categories in order to generate multiple perceived quality levels in customers' thoughts, includes captive product pricing.

Learn more about Captive Product Pricing here:

https://brainly.com/question/14496818

#SPJ1

Errors will have a $2,300 overstatement of net income on revenues, costs, and net income.

The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income. Net income in the company is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid.

Net income = Total revenue - total expenses

where,

Total revenue = Unearned revenue = $4,200

Total Expense = Supplies expense + insurance expense = $1,500 + $5,000 = $6,500

Net Income = Total revenue - Total Expenses = $4,200 - $6,500

Net Income = -$2,300

Therefore, there's an overstatement of $2300 in Net Income.

To know more about Net Income, refer to this link:

https://brainly.com/question/6391667

#SPJ9

It is false, Future value of the investment will not fall because the investment has been done on variable interest rate.

As a rational saver, we all try to invest our money in some safe place, the investment in bank account deposit is one of the safest option available.

People, generally lock their certain sum of money for a certain period of time on which they normally get sum return which is also fixed. But in case the interest rate available on investment is variable and in future if the market rate of interest rises, in that situation investors will get higher return as they have opted for variable interest rate means which will not be fixed and change according to changes taking place in market.

Learn more about investment here:

https://brainly.com/question/15105766

#SPJ4

To be categorized as unemployed, a person has to be without a process, presently available to work, and actively seeking out work within the previous 4 weeks.

Unemployment is a time period regarding people who are employable and actively looking for a process but are not able to discover a process. blanketed in this institution are the ones people in the group of workers who are working but no longer have the precise job.

The situation of now not having a task but being a member of the labor pressure. To be considered unemployed, someone must be jobless but actively trying to find a task by having searched within the last 4 weeks.

Learn more about Unemployment here: https://brainly.com/question/13280244

#SPJ1

A. A marketing company is seeking an applicant with a business degree and at least five years of professional experience. An intersection.

B. A family has made the decision to buy a Honda or Toyota minivan. a union.

Effective marketing strategies are developed and put into action with the aid of marketing agencies. This frequently starts with marketing research to determine what aspects of the current marketing strategy are working and which ones are not, then moves on to demographic research to develop an accurate picture of the ideal client.

A marketing company can help you create and implement a plan for specific marketing campaigns, assess their effectiveness, and develop an overall marketing strategy once it has a clear understanding of who you are marketing to and what you have already tried to do to reach them.

Learn more about marketing with the help of the given link:

brainly.com/question/14779288

#SPJ9

Information systems that process purchasing orders, billing, payroll, etc. are called  transaction processing systems. An information system is a coordinated group of parts used to gather, store, and process data as well as to deliver knowledge, information, and digital goods.

Fundamentally, an information system is composed of the following five elements: hardware, software, databases, networks, and people. This five-part system combines input, processing, output, feedback, and control. Information systems store data in an advanced manner that greatly simplifies the processing systems. of retrieving the data. A business's decision-making process is aided by information systems. Making smarter judgments is made simpler with an information system that delivers all the crucial facts.

To learn more about information system, click here.

https://brainly.com/question/13081794

#SPJ1

The percentage of income paid in taxes for an individual with a pre‐tax income of $5,000 is 10%.

The tax paid for an individual with a pre‐tax income of $40,000 is 22.5%.

This is a progressive tax.

It should be noted that tax has to do with the levy that's paid to the government by economic agents such as individuals and firms.

It should be noted that for a progressive tax, the average tax will increase when the income rises too.

The marginal rate of 5000 is 10%

The marginal rate of 40000 is 30%.

The tax paid by one with an income of 5000 will be:

= 0.1 × 5000

= 500

Average tax = 500/5000 = 10%

Tax paid by an individual who earns 40000 will be:

= (0.1 × 10000) + (0.2 × 10000) + (0.3 × 20000)

= 9000

Average tax = 9000/40000 × 100 = 22.5%

Therefore, the tax is progressive.

Learn more about tax on:

brainly.com/question/25783927

#SPJ1

Since the project is on student athlete registration system as stated by  Board of Education of Baltimore County:

The Project scope are:

The constraint are:

The Student Athlete Registration System questionnaire will include:

Note that Players must fill up for a team using a sports registration questionnaire. You can easily gather information form it whether you're the manager or coach of a football, basketball, or others.

Simply adapt a questionnaire template to your sport, embed it the website, and watch the applications pour in to begin signing up players for your team. All responses can be safely saved in your account and can be available to the coach and those who are on the device.

Learn more about Project scope from

https://brainly.com/question/15071466
#SPJ1

See the full question below

Student Athlete Registration System

The Board of Education of Baltimore County invites qualified firms to submit proposals for a student athlete registration system. Award Bidder shall provide a web-based solution to facilitate data entry and reporting. The requirements outlined herein are intended as an aid to acquaint Bidders with what could be required to execute the work on this contract. These specifications will serve as the source document for services for the term of the contract.

Baltimore County Public Schools (BCPS) ranks among the 25 largest school systems in the United States. The county covers 612 square miles in the north central part of Maryland, and combines urban, suburban and business regions with vast farmlands and waterfront areas. The school system reflects this diversity in the student population of over 113,000 students. For the 2018 – 2019 school year, BCPS will operate over 173 schools: 106 elementary schools (serving grades Pre-K – 5), 27 middle schools (serving grades 6 – 8) and 24 high schools (serving grades 9 – 12).

Define Project scope and constraints

Create a questionnaire

The inflation rate indicating the change in average prices. This statement is false.

The pace of price growth over a specific time period is referred to as inflation. Inflation is frequently measured broadly, such as the general rise in prices or the rise in the cost of living in a nation.

Unevenly growing prices in an inflationary environment unavoidably lower some customers' purchasing power, and this depreciation of real income is the single biggest cost of inflation. Over time, inflation can also affect the purchasing power of both parties who pay and receive fixed interest rates.

The value of your money decreases over time in direct proportion to the pace of inflation. The table below illustrates how much a dollar will be worth at various inflation rates in the following years. 50 cents, for instance, denotes: After five years, a $1 will only be worth 50 cents if inflation is 15% annually.

To learn more about inflation rate visit:

https://brainly.com/question/13402674

#SPJ9

In accounting, a merchandise inventory can be described as a:

In accounting, a merchandise inventory refers to the goods that have been acquired by a distributor, wholesaler or the retailer from suppliers with the intent of selling such goods to third parties.

This inventory can be the largest asset on the balance sheet of some types of businesses. If they are sold during an accounting period, then their cost is charged to the cost of goods sold and thus appears as an expense in the income statement in the period when the sale occurred.

But if they are not sold during an accounting period, then their cost are recorded as a current asset and appears in the balance sheet until such time as they are sold.

In conclusion, if the market value of such inventory declines below its recorded cost, then, it is expected that we reduce the recorded cost down to its market value and charge the difference to expense under the lower of cost or market rule.

Read more about merchandise inventory

brainly.com/question/24074118

#SPJ1

Risk management can be defined as the process of discovering and assessing the risks to an organization's operations and determining how those risks can be controlled or mitigated. There are four types of risk management, such as:

When an organization consider the full range of risks it faces, risk management program helps those organization. Risk management also examines the cascading impact they could have on an organization's strategic goals and the relationship.

Learn more about risk management here https://brainly.com/question/4680937

#SPJ4

Applying mathematical operations, the number of partners, including yourself, that needs to be recruited for the startup is 16.

The number of partners to form the startup is determined using the mathematical operations of subtraction and division.

First, establish the balance ($1,200,000 - $400,000) to be contributed by the partners after factoring in the bank finance.

Divide the balance by the total contribution expected from each partner.

The quotient is the number of partners to form the startup.

Total capital required for the startup = $1,200,000

Expected bank loan = $400,000

Balance to be contributed by partners = $800,000 ($1,200,000 - $400,000)

Total contribution expected from each partner = $50,000

The number of partners required = 16 ($800,000/$50,000)

Thus, this start requires 16 partners, using mathematical operations.

Learn more about mathematical operations at https://brainly.com/question/20628271

#SPJ1

It is true to say that the five foundations of ethics education proposed by the AACSB are those described by the question.

It corresponds to the essential principles of organizational ethics that are defined by the AACSB, with the objective of strengthening the market for goods and services through ethical attitudes that promote social well-being through positive attitudes related to corporate governance based on managerial education.

According to these fundamentals of corporate ethics education, companies become active agents of socio-environmental development, contributing with their efforts, programs and actions in the micro and macro environment to promote ethics, solidarity and environmental protection.

Therefore, corporate ethics helps to improve the organizational image, in addition to being an instrument that contributes to the strengthening of an environmental culture focused on development and cooperation.

Find out more about corporate ethics on:

https://brainly.com/question/4048149

#SPJ1

You must hold a long position in a futures contract, is the answer underlying commodity.

An agreement to acquire or sell an item at a specified price and at a future date is known as a futures contract. They are frequently used to protect against losses due to negative price changes by hedging the movement of the underlying asset's price underlying commodity.

Forward contracts are exchanged over-the-counter, and the terms are negotiated by the counterparties. In that it locks in a future price in the present, it is comparable to a futures contract long position.

However, since futures contracts are standardized and each participant is subject to the same conditions regardless of the counterparty, they are applicable in this situation.

Learn more about underlying commodity hear :

https://brainly.com/question/15968473

#SPJ4

The end result for the taxpayer who filled the income tax return is he is liable to claim the tax returns and will get subsidy on various income tax slabs available to that particular income group.

Federal income tax returns are paid every year at the end of the financial year of the upcoming year so that the income and expenses of that year remains in the particular year and the taxable ones gets deducted that year itself.

Taxpayer are the responsible citizen of a country where timely payment of taxes help to get many subsidies and payment at the time.

To learn more about income tax return here,

https://brainly.com/question/15061672

#SPJ1

Real GDP this year, using last year as a base year, is: $13000

Nominal GDP is a measure of an economy's economic output that takes into account current pricing for goods and services. The monetary worth of goods and services generated is often used to calculate GDP.

Nominal GDP= (Price of smartphones x Quantity of smartphones) +(Price of laptops x Quantity of laptops)

Price of smartphones=$800

Quantity of smartphones=10

Price of laptops=$1000

Quantity of laptops=5

Nominal GDP=($800x10) +($1000x5)

=$8000+$5000

=$13,000

Consequently, actual GDP affords a greater correct portrait of monetary increase than nominal GDP because it makes use of consistent prices, making comparisons among years greater significant via way of means of taking into account comparisons of the real quantity of products and offerings without thinking about inflation.

Learn more about pricing for goods here:

https://brainly.com/question/12058035

#SPJ1

The amount that is the needed to adjust fifo inventory records reported for the year to lifo for external reporting purposes is given as 1300

We have the unit to be 300 and the rate to be 15. Then the total would be gotten by 15 x 300

= 4500

The closing inventory is 300

How to solve for the amount under LIFO

The unit is 200 and the rate is 10

Then the total is given by 200 x 10 = 2000

The purchase from May = 100 x 12 = 1200

2000 + 1200 = 3200

Therefore the adjustment would be 4500 - 3200

= $1300

Therefore from the calculation that we have here, the amount of adjustment that would have to be made would be $1300 based on the question that we have and all of the details that we are to solve the problem with. Option A, is correct

Read more on FIFO here: https://brainly.com/question/24137318

#SPJ1

The inventory transactions of VTS Corporation are shown below.

Date Transaction Number of Units Unit Cost/Price

Jan. 1 Beginning inventory  500  $ 10

Feb. 25 Sale  300   20

May 21 Purchase  400   12

Jul. 15 Purchase  500   15

Dec. 10 Sale  800   20

All purchase/sale transactions are made on credit. The company uses the FIFO method and perpetual inventory system to record transactions. What is the amount of LIFO adjustment needed to adjust FIFO inventory records reported for the year to LIFO for external reporting purposes?

a) 1,300

b) 4,500

c) 3,000

d) 1,000

A company's or organization's choice of several different methods, such as radio or TV, newspapers, or the internet, to promote its goods or services: It's important to choose your advertising mix before launching an internet business.

The assortment of techniques a business or organization employs to market its goods or services, such as on radio or television, in newspapers, or online: Deciding on your advertising mix is essential when launching an internet business.

A business's selection of channels to achieve its marketing objectives is referred to in marketing as a "media mix." Websites, emails, billboards, and social media are all examples of this. Businesses may turn to their marketing mix when deciding how to achieve future campaign objectives.

To learn more about campaigns, the given link:

https://brainly.com/question/27375742

#SPJ4

As a project manager, you have a weekly video conference with stakeholders as part of your communication plan. Two additional details should the communication plan include establishing goals and identifying key messages.

Project management is the process of organising a team's efforts to complete all project objectives within the allotted time and budget restrictions. 

Typically, this information is detailed in project documentation that is prepared at the start of the development process. 

Scope, time, and budget are the main restrictions.

A project manager is a specialist who plans, organises, and carries out projects while adhering to constraints like budgets and timelines. 

Project managers oversee entire teams, establish project objectives, interact with stakeholders, and see a project through to completion. 

The project manager is in charge of making a project successful or unsuccessful, whether it be conducting a marketing campaign, building something, creating a computer system, or introducing a new product.

In almost every industry, project managers are in high demand. Let's explore what project managers do in more detail, why project management is a good career choice, and how to get started.

To learn more about project manager visit:

https://brainly.com/question/15404120

#SPJ9

It has a $100,000 interest expense and a 40% tax rate. This translates to a $3 million gross profit and a $600,000 operating profit.

To learn more about tax rate, refer to:

https://brainly.com/question/25641320

#SPJ9