The direct labor time variance is $17,550 favorable if the standard costs 7500 hours at $11.70 and the actual costs 6000 hours at $12.00
Labor time variance can be described as the difference between the actual and standard direct labor rate per hour for the total number of hours worked.
The direct labor time variance can be calculated using the following formula;
direct labor variance = (Standard hours allowed - Actual hours) × Standard rate
As the standard hours were 7500 and the actual hours were 6000 and the standard rate is $11.70 we substitute these values in this equation of direct labor time variance as follows;
direct labor variance = ( 7500 - 6000 ) × 11.70
direct labor variance = 1500 × 11.70
direct labor variance = 17,500
Therefore, the direct labor time variance is calculated to be $17,550 favorable.
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Chang and chang observe that the competition is increasing the size of its warehouses. They have decided to do the same. They are following _______ strategy.
Chang and Chang observe that the competition is increasing the size of its warehouses. They have decided to do the same. They are following Follow the leader strategy.
A competitive pricing approach called "follow-the-leader pricing" involves a company matching the costs and quality of the market leader. In other words, a business will adopt the price strategy used by the dominant player in its sector. For instance, the business will cut its pricing to the same level when the industry leader drops the cost of its products.
Matching the market leader's prices is a component of the follow-the-leader pricing strategy.If the market leader decides to respond with price cuts or hikes, the technique might result in price wars.In oligopolistic industries with few competitors, like the grocery industry, follow-the-leader pricing is frequently employed.Follow-the-leader pricing is a competitor-based pricing approach; other techniques involve pricing that is determined by the consumer or by the cost.Learn more about Follow the leader, here
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a u.s. treasury strip that will pay $1,000 in 10 years is selling today for $508.35. what interest rate does the bond offer? (do not round intermediate calculations. enter your answer as a whole percent.)
The bond offers an interest rate of 9%.
The interest rate is computed as shown below:
Future value = Present value ( 1 + r )n
$ 1,000 = $ 422.41 ( 1 + r )10
($ 1,000 / $ 422.41)1/10 - 1 = r
r = 9%.
An interest rate tells you how high the cost of borrowing is, or high the prices are for saving. So, if you are a borrower, the interest rate is the quantum you're charged for adopting a plutocrat, shown as a chance of the total quantum of the loan.
Using the interest rate formula, we get the interest rate, which is the chance of the top quantum, charged by the lender or bank to the borrower for the use of its means or plutocrat for a specific time period. The formula is Interest Rate( Simple Interest × 100)/( star × Time).
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a high school senior, is saving up to buy a small car priced at $8,700 to use while attending college. classes begin in 10 months. what amount can she deposit today at 5.25% to have enough to buy the car when school starts if she puts it into an investment that earns simple interest? what amount can she deposit today if the investment earns compound interest, compounded monthly? be sure to show equations and calculations
She can deposit $5,215.83 today if the investment earns compound interest, compounded monthly
Given the following:
Amount, A=$8,700
Interest rate, I=5.25%
Time, t=10 months
n=1 (compounded monthly)
To find the deposit or Principal (P), we use the compound interest formula below:
[tex]A=P(1+\frac{r}{n} )^{nt}[/tex]
[tex]P=\frac{A}{(1+\frac{r}{n})^{nt} }[/tex]
[tex]P=\frac{8,700}{(1+\frac{0.0525}{1})^{10} }[/tex]
[tex]P=\frac{8,700}{(1.0525)^{10} }[/tex]
[tex]P=\frac{8,700}{1.668}[/tex]
P=$5,215.83
So the initial principal balance (P) is $5,215.83, and principal is the same as the deposit amount.
Therefore, the deposit amount is $5,215.83
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What decision support strategy uses a technique based on identifing a similar problem with a known effective solution, and apply the approach to this problem?.
Brainstorming and team problem-solving techniques are tools in this stage of problem solving. Brainstorming is used to help identifing a similar problem with a known effective solution, and apply the approach to this problem. Many alternative solutions to the problem should be generated before final evaluation.
Brainstorming is kind of method of generating ideas and sharing knowledge to solve a particular commercial or technical problem, in which participants are encouraged to think without interruption. Brainstorming is a group activity where each participant shares their ideas as soon as they come to mind.
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how is preferred stock affected by a decrease in the required rate of return? group of answer choices the dividend decreases. the value of a share of preferred stock increases. the dividend increases. the dividend yield increases.
Preferred stock is affected by a decrease in the required rate of return in a manner that the value of a share of preferred stock increases.
Changes in interest rates have an impact on the market value of preferred shares. The value of the preferred shares decreases if interest rates increase. The opposite would apply if rates dropped. This, therefore, implies that if the required rate of return decreases, the value of a share of preferred stock would increase.
A different kind of equity known as preferred stock gives investors ownership in a firm and the right to receive income from that company's operations. Preferred stockholders have a greater right to distributions than common stockholders (such as dividends).
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Complete question is:
How is preferred stock affected by a decrease in the required rate of return?
A) The value of a share of preferred stock increases.
B) The dividend increases.
C) The dividend decreases.
D) The dividend yield increases.
which of the following constitutes an implicit cost to the johnston manufacturing company? group of answer choices use of savings to pay operating expenses instead of generating interest income. payments of wages to its office workers. economic profits resulting from current production. rent paid for the use of equipment owned by the schultz machinery company.
This constitutes an implicit cost to the johnston manufacturing company's is Use of savings to pay operating expenses instead of generating interest income.
The implicit cost is the cost of the movement that is foregone. As an example, a supervisor can also want to educate their team of workers, which calls for 8 hours of their time. The implicit price is the fee of their time which can be employed doing their different everyday responsibilities.
Express describes something that is very clean and without vagueness or ambiguity. Implicit frequently capabilities as the opposite, relating to something that is understood, but no longer described clearly or without delay, and regularly the use of implication or assumption.
An implicitly described characteristic is a function that is provided as the answer to a few equations or a system of equations, rather than being given via a specific system. Equations defining features implicitly can every so often be solved to give the feature explicitly.
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peaky blinder enterprises (pbe) has a beta of 1.46, the market risk-premium is 6.25 percent, and the risk-free rate is 2.80 percent. what is the expected return for pbe stock?
The expected return for peaky blinder enterprises (pbe) is 11.925%.
What is the expected return?The capital asset pricing model is a linear model that can be used to determine the expected return of a stock based on the beta, risk free rate and the market premium.
According to the capital asset price model:
Expected rate of return = risk free + beta x (market rate of return - risk free rate of return)
Expected rate of return = risk free + (beta x market risk premium)
2.80% + (1.46 x 6.25%)
2.80% + 9.125% = 11.925%
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If competitors cannot easily copy the benefit a company chooses to promote, that benefit is said to be _________.
If competitors cannot easily copy the benefit a company chooses to promote, that benefit is said to be preemptive.
Competitors are companies that can provide your clients with the same or comparable products and services as yours. In a free market system, there are four types of competition: monopolistic competition, oligopoly, perfect competitors, and monopoly. When there is monopolistic competition, many vendors offer differentiated goods—goods that are marginally unique but fulfill comparable functions. In order to weaken or harm an enemy or opponent before they can cause any harm, a preemptive attack or strike may involve eliminating their weapons. A legal principle known as preemptive enables a higher level of government to restrict or even completely eliminate a lower level's ability to regulate a certain subject. Federal law supersedes state and local law, according to the Supremacy Clause of the US Constitution.
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Jed wants to pass his sole proprietorship on to his son luke in his will. Can her do this?.
No, he can not do this as a sole proprietorship means the business owner and it cannot be transferred to anyone in a will. The debts and the legal obligations also remain with the owner and they cannot be transferred to anyone, not even in family relations.
A sole proprietorship, additionally known as a sole tradership, man or woman entrepreneurship, or proprietorship, is a form of company owned and run by one man or woman wherein there's no criminal difference between the owner and the business entity. A sole dealer does now not always paintings by myself and may appoint other human beings. The only trader receives all profits (problem to taxation unique to the enterprise) and has limitless duty for all losses and money owed. Each asset of the business is owned by the owner, and all money owed to the business is that of the proprietor. It's by far a "sole" proprietorship in comparison with a partnership, which has at least one proprietor. Sole owners can also use a change call or business name other than their or its legal call. They may need to trademark their enterprise name legally if it differs from their very own felony call, with the process varying depending upon the country of residence.
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judd is a human resource manager at an information technology firm. he is asked by his supervisor to develop a pool of qualified applicants for the position of senior content analyst. his employer will then conduct tests and interviews to select the best candidate. in this scenario, judd is involved in the process of .
He is asked by his supervisor to develop a pool of qualified applicants for the position of senior content analyst.
Briefing:-His employer will then conduct tests and interviews to select the best candidate. in this scenario, Judd is involved in the process of Recruiting.
By recruiting, what do you mean?Recruitment refers to the active search for, identification of, and selection of candidates for a certain post or job. The hiring process as a whole, from the first stages to the integration of the specific recruit into the business, is included in the definition of recruitment.
What is the hiring procedure?The hiring process entails locating the applicant who best fits the position in terms of qualifications, experience, and personality. It entails a process of gathering and assessing resumes, holding job interviews, and ultimately choosing and onboarding a new employee to begin working for the company.
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an american company that manufactures coffee makers has a foreign firm assemble the machines but the final product carries the name of the american firm. this is an example of
An American company that manufactures coffee makers has a foreign firm assemble the machines but the final product carries the name of the American firm. this is an example of contract manufacturing.
What is contract manufacturing?This is the term that is sued to refer to the type of manufacturing that is done where a given company would have to enter into a contract with a different company telling them to help them in the production of the different parts or the components of what they offer in the business.
The goal that this type of manufacturing has is that the company that the goods are being made for would be able to get the components that they need. Especially in the situations that they do not have these components available in their own nations.
Hence we would say that the contract manufacturing is one that would have to do with getting a company to help to assemble the machines that they would be needing.
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Auto manufacturers are currently offering flex-fuel vehicles that are designed to run on ethanol gasoline mixtures. An economist recently analyzed the cost versus value consideration of these vehicles and found that the market is currently buying approximately the socially efficient amount of flex fuel vehicles. Under lobbying pressure from the car manufacturers and environmental groups, the federal government is considering a $3,000 subsidy paid per flex fuel vehicle sold. If this subsidy goes through, what would be the most likely impact on market efficiency?.
Because of the federal government's subsidy paid per flex fuel vehicle sold the market efficiency will decrease.
The extent toward which market prices accurately reflect all available, pertinent information is referred to as market efficiency. There is no way to "beat" the market if markets are efficient since there are no assets that are undervalued or overvalued because all information is already factored into prices.
An efficient market is a place where the market prices of financial instruments like stocks reflect all information that is available. It also adjusts instantaneously to any new information that may be disclosed. If this theory holds true, then it is impossible for traders to consistently outperform a market, as the price movements of the assets cannot be predicted correctly.
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if a brand has a high degree of brand , it means that most consumers are familiar with the brand and what it stands for even if they do not use the brand.
When a brand has a high level of brand awareness, most consumers are aware of it and what it stands for even if they do not utilize it.
Brand awareness is the degree to which a brand's target audiences are able to recognize or recall it in various contexts. It measures how easily current and potential customers can recognize a brand and its associated goods or services.
You may use Coca-Cola as an example to better grasp the notion of brand awareness because of how well known it is in the market and how often the word "Coke" is used as a synonym for soft drinks of all brands.
The level to which consumers can identify a product by name is referred to as brand awareness in marketing. The traits consumers that set the product apart from the competitors should ideally be recognized positively by consumers who are aware of the brand.
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The complete question is
If a brand has a high degree of brand _, it means that most consumers are familiar with the brand and what it stands for even if they do not use the brand.
the employees at titanium inc. have the freedom to plan their own schedules and are empowered to make decisions. they also believe in sharing common goals. the managers have high levels of trust in their employees, and they foster teamwork. these beliefs and attitudes represent titanium's . a. organizational culture b. industry regulation c. punctuated equilibrium d. opportunistic behavior
The managers have high levels of trust in their staff member, and they foster collaboration. These beliefs and attitudes exemplified titanium's organizational culture. So the correct answer is (a).
What is Organizational culture?
If you want to elicit a heated discussion, bring up organizational culture. While there is general agreement that organizational culture exists and that it is an important factor in determining how employees behave in organizations, there is less agreement on what organizational culture actually is, let alone how it affects employees' behavior or whether leaders have any control over it. This is an issue because, in the absence of a clear definition (or definitions), we are unable to comprehend how culture interacts with other important organizational components like structure and incentive programs.
Therefore correct option is (a).
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jeffery brooks has just landed a job as the produce manager for a large grocery store. the store manager mentioned that last summer a group of students had calculated that the cross elasticity of demand between cantaloupes and watermelons to be 1.10. jeffery should know that this means:
The right response is: A 10% increase in cantaloupe prices will result in an 11% increase in demand for watermelons.
A large grocery store's produce manager is notified that cantaloupes and watermelons have a 1.10 cross-price elasticity of demand.
The cross-price elasticity of demand is a tool for estimating how much a change in the price of one good will affect demand for another.
It is determined by dividing the percentage change in price by the percentage change in the demand.
The two products are assumed to be substitutes if the price elasticity is positive. The demand for one good rises when the price of another does as well.
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__________ _________ compare alternatives by determing the qualitative factors that should be included as part of the decision, assigning weights related to their importance, and then ranking different alternatives to allow comparisons.
In order to evaluate alternatives, qualitative and quantitative methods first identify the qualitative aspects that should be included in the decision, give them weights based on how important they are.
Decisions, in addition to the numerical or monetary factors highlighted by incremental analysis. They are the decision-making considerations that are challenging to quantify financially. Qualitative elements might include:
impact on the scheduling, internal factors, and staff moralecommitments to and relationships with suppliers
Long-term future profitability effects on current and prospective consumers When making decisions, there are times when qualitative factors take precedence over immediate financial gain.1. Having or having to do with size or quantity considerations. contrasting qualitative2. able to be quantified3. In poetry, prosody refers to or denotes a metrical system that bases stress on syllables rather than their relative length, such as that seen in Latin and Greek verse.To know more about Qualitative and Quantitative , here
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sean, 17, a snowboarder, signs a long-term endorsement agreement for sportswear. he endorses the products and deposits his compensation for the endorsements for several years. at age 19, he decides he wants to void the agreement to take a better endorsement deal. he claims he lacked capacity when he signed the deal at 17. can he get out of the contract?
A settlement made with the aid of using a minor is frequently voidable, however a minor can most effective keep away from a settlement all through his or her minority popularity and for an inexpensive time after he reaches the age of majority. After an inexpensive length of time, the settlement is deemed to be ratified and cannot be avoided.
Facts of the case: Sean, 17, a snowboarder, signs a long-term endorsement agreement for sportswear. At age 19, he wants to void the agreement by claiming that he lacked capacity when he signed the deal at 17.Rule of Law: Minor's Contracts are voidable at the option of Minor.Analysis: Since, Minor's Contract is voidable at the option of the Minor who Signs the Contact can either honor the contract or void the contract. A minor can void a contract for lack of capacity, only when he is still under the age of majority. If a minor turn 18 i.e., After attaining Majority and hasn't done anything to void the contract, then the contract can no longer be voided.Here, Sean has not done anything to void the contract on attaining the age of 18. So, he at the age of 19, cannot void the agreement by claiming that he lacked capacity when he signed the agreement at 17.Decision: Sean Vs. Sportswear Company: In the light of the above provisions, a Court will not permit Sean to now void the agreement.Learn more about minority popularity here:
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hall company sells merchandise with a one-year warranty. in the current year, sales consist of 3,028 units. it is estimated that warranty repairs will average $13 per unit sold and 30% of the repairs will be made in the current year and 70% in the next year. in the current year's income statement, hall should show warranty expense of
In the current year's income statement, the company should write the warranty expense of $11,804
A warranty is a form of guarantee given by a manufacturer or other similar entity on the condition of their product. It also refers to the conditions and circumstances under which repairs or exchanges will be done if the products do not function as claimed or intended.
Data from the problem:
Sales = 3,028 units
30% of the units sold = 30% x 3,028 = 908 units
The repair cost for 908 units = 908 x $13 per unit = 11,804
Hence, the warranty expense for the current year is $11,804
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businesses come and go. in many countries some businesses have been around for 100 years, and then all of a sudden are gone or at least it appears that way. usually this is not the case, but to the consumer's eyes they are there one day and gone the next. what is the most common reason for this happening?
Consumers engage in limited problem-solving Purchasing decisions made based on consideration of some outside information.
What is Purchasing power?The worth of a currency is measured by the quantity of products or services that it may be used to purchase. Over time, inflation may cause it to weaken. That's because you may buy fewer products or services as a result of increased prices.
When talking about what money used to be worth, the phrase "purchasing power" occasionally comes up. What, for instance, would $50 in 1959 be equivalent to in 2009 in terms of purchasing power? $50 had the same purchase power in 1959 as it did in 2009.
Since real income refers to income that has been inflation-adjusted, a greater real income translates to a better purchasing power. The value of local gold and silver, as well as the supply and demand for certain items on the market, have historically played a significant role in determining how much money could buy.
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What decision support strategy uses a technique based on searching based on logical proximity by identifying other data with characteristics that are common to a new item being analyzed?.
Data mining is a decision-support method that employs a method of searching based on logical proximity by locating other data that share properties with the newly examined item.
Data mining By finding anomalies, trends, and correlations in huge data sets, data mining is the process of making predictions about outcomes. Users can increase sales, cut costs, improve client connections, lower risks, and do other things with this data. By employing software to look for patterns in massive amounts of data, businesses may find out more about their customers. This enables them to create more effective marketing campaigns, boost sales, and cut expenses. Data mining Economic Reasoning Economic logic describes how the company will turn a profit, or how it will produce gains above and beyond its cost of capital. A business or manufacturer's connected goods or services are referred to as its "line of business" (LOB) in general. For instance, a corporation that produces solid-state disk drives would assert that its LOB is data storage. data An LOB fulfills a specific business need or consumer transaction.
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in social media marketing, awareness occurs when action is taken by a business or individual consumer that includes everything from downloading a piece of content (like a white paper) to actually making a purchase.
The statement 'in social media marketing, awareness occurs when action is taken by a business or individual consumer that includes everything from downloading a piece of content (like a white paper) to actually making a purchase' is false.
In social media marketing, awareness is created when social media platforms are used for the introduction, importance uses and knowledge of a product.
Awareness through social media marketing means actions that allow consumers to be made familiar with a product and its benefits.
For creating awareness through social media marketing, one does not need to download a piece of content or to make a purchase. Rather, to make awareness through social media marketing, one needs to establish ways to reach out to more consumers and inform them about the product and its benefits.
Although a part of your question is missing, you might be referring to this question:
In social media marketing, awareness occurs when action is taken by a business or individual consumer that includes everything from downloading a piece of content (like a white paper) to actually making a purchase. true or false
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jane has realized that she does not enjoy taking a taxi to work because there is substantial blank in the delivery of the service depending on who is driving her cab that day.
Because there is significant variability in the service delivery depending on who is driving Jane's cab that day, Jane has come to the realisation that she does not appreciate riding a taxi to work.
The variability quantifies the degree of dispersion between your points, whereas the central tendency, or average, shows you where most of your points lie. This is significant because it affects how well you can extrapolate results from the sample to the population.
Low variability is preferable since it allows for more accurate population information prediction using sample data. It is more difficult to forecast when there is high variability since the values are less constant. The central tendency of two data sets may differ from their levels of variability, or the opposite may be true. You cannot speak to the other side if you only understand the central tendency or variability. You obtain a complete picture of your data when you combine the two of them.
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in the first calendar quarter, a company issues a surprising report saying that it expects profits to rise in the fourth quarter. the theory of efficient markets says we should expect the price of the company's stock to
Efficient market theory says we should expect the company's stock price to rise immediately with the expectation of higher profits in the future.
Efficient market theory is a hypothesis which shows that the price of an asset reflects all the information contained in it. For example, assets in the form of shares. Even though the price goes up and down, actually shares are always traded according to their fair value. Through this concept we can know that someone will not be able to continuously get profits above the average market return (beat the market).
In general, there are 3 forms of the efficient market hypothesis, namely:
Weak Efficient Market Hypothesis. This theory implies that there is no information that can show how the market and stock prices move.Semi Strong Efficient Market Hypothesis. This theory implies that the stock value is a description of all relevant information that can be known by the public.Strong Efficient Market Hypothesis. This theory states that all publicly accessible and confidential information can reflect stock prices.You can learn more about Efficient market theory here brainly.com/question/28549004
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during 2021, manuel and gloria, who are not married and live in beverly hills, incurred acquisition debt on their new residence of $2,150,000. on their individual tax returns, what is the amount of qualified acquisition debt on which they can each deduct interest in 2021?
The aggregate amount is treated as for any Pennod-named acquisition indebtedness for any period that Can't exceed $1,000,000 (5,00,000 for individuals filing a separate return).
In the given question Manuel and Gloria are unmarried and limitation max of $ 10,00,000 per person.
The limitation of 10,00,000 refers to the amount of the Principal of the debt, not the interest paid.
Interest Paid amount of option $ 10,00,000 .
Purchaser acquisition is the process of identifying and developing possibilities within the sales channel and executing them to close the deal. It involves engagement with possibilities and alignment with income efforts throughout the buyer's purchase journey.
First, it is able to permit the company to make bigger its product lines or offerings. 2nd, it may reduce expenses by obtaining businesses that feed into its delivery chain. It is able to additionally acquire competition if you want to maintain market share and decrease competition.
Acquisition advertising refers back to the technique of focusing on and advertising to new audiences to benefit new customers. The type of leads that can be the goal of an acquisition approach is within the consideration stage of the advertising and marketing journey, meaning that they aren't cutting-edge audiences who're ignorant of your logo.
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caroline recently read a report that showed an increase in the sense of disenfranchisement between the public and businesses, which is impacting markets and elections worldwide. which report did caroline likely read
The consciousness in the course of a disaster then should be on the important thing records to the media. Once greater training allows via way of means of ensuring the numerous spokespersons have the right media members of the family schooling and skills and showed an increase in the sense of disenfranchisement between the public and businesses.
In the worldwide pre-disaster stage, disaster communique revolves around tracking disaster risks, making selections approximately the way to control ability crises, and schooling those who may be worried withinside the disaster control process. pseudo-occasion, an occasion produced via way of means of a communicator with the only motive of producing media interest and publicity. These occasions lack actual information price however nonetheless grow to be the challenge of media coverage. In short, pseudo-occasions are a public member of the family tactic.
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exercise 11-5 (algo) analyzing impact of stock issuance transactions lo p1 analyze each transaction from issuances of stock by showing its effect on the accounting equation— specifically, identify the accounts and amounts (including or −) for each transaction.
Analyzing the impact of the stock issuance transactions on the accounting equation is as follows:
Company A:Assets = Liabilities + Equity
Cash = Liabilities + Common Stock Additional Paid-in Capital
$35,000 $20,000 $15,000
Company B:Assets = Liabilities + Equity
Goodwill = Liabilities + Common Stock Additional Paid-in Capital
$40,000 $2,000 $38,000
Company C:Assets = Liabilities + Equity
Goodwill = Liabilities + Common Stock
$40,000 $40,000
Company D:Assets = Liabilities + Equity
Cash = Liabilities + Preferred Stock Additional Paid-in Capital
$60,000 $50,000 $10,000
What is the accounting equation?The accounting equation is also known as the balance sheet equation.
The accounting equation shows that with each transaction, assets are always equal to liabilities and equity.
The accounting equation is the basis for the double-entry system of accounting.
Transaction Analysis:A: Cash $35,000 Common Stock $20,000 Additional Paid-in Capital $15,000
B: Goodwill $40,000 Common Stockk $2,000 Additional Paid-in Capital $38,000
C: Goodwill $40,000 Common Stockk $40,000
D: Cash $60,000 Preferred Stock $50,000 Additional Paid-in Capital $10,000
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Question Completion:A corporation issued 4,000 shares of $5 par value common stock for $35,000 cash.
A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has a $1 per share stated value.
A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has no stated value.
A corporation issued 1,000 shares of $50 par value preferred stock for $60,000 cash.
the process used to develop a standard recipe for an item in current production basically the same as the procedure to develop a standard recipe for a new menu item.
A standard recipe is a tried-and-true method that regularly satisfies a restaurant's requirements in terms of yield and quality.
This basically offers the most effective recipe manual, a useful resource for teaching kitchen personnel, and a foundation for buying ingredients. The three steps of the recipe standardization process are amount modification, product evaluation, and recipe verification.
Verifying a recipe is carefully reading it, following it, assessing the yield, and noting any modifications and it also ensures the best possible outcomes from the particular recipe.
An exact, quantifiable amount of each component and the technique of preparation required to reliably generate a high-quality result are specified in a standardized recipe.
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a truck carrying toxic waste overturns on the freeway, causing a spill of chemicals into the ocean. the truck was built especially for transporting toxic waste and has several stickers that warn people the truck is carrying hazardous chemicals. the truck also has a special lock and key that prevents people from any danger the chemicals might cause. if residents who live near the ocean sue the truck company for strict liability, then the truck company will be:
Since the truck owner or company took reasonable security precautions to ensure safety while transporting the hazardous waste, the truck company is not subject to strict liability as a result of the built, lock, warnings, etc. that were put in place.
The truck was a hazardous waste transporter, transporters of hazardous waste are people or organisations that carry hazardous material by road, rail, water, or air from one location to another. Any party concerned in the off-site transportation of hazardous material within the United States is referred to as a hazardous waste transporter in Subtitle C of the Resource Conservation and Recovery Act (RCRA).
Any citizen effected from the transportation of the hazardous material can sue the concerned owner if unlike the given case proper measures were not taken.
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suppose you are the director of a program in rural appalachia that combats poverty by providing retraining to former coal miners as mines are shut down. the program receives state and federal funds and recently received a substantial bequest from an individual who was from the area but had left and built considerable personal wealth that, upon his death, was to be disbursed among programs serving the region’s residents. you are well aware that this is a one-time influx of funds, yet recent mine closings have left your staff overwhelmed and needing more hand
Looking at this case, the ethical decision to make is to use the funds as determined by the donor, even if there are issues with the staff being overwhelmed and needing more help.
What is an ethical decision?It corresponds to the decision-making process that understands the organization's code of ethics, that is, whose decision is based and comprehensive for the benefit of organizational systems as provided for in company regulations, and not based on individual needs.
In an ethical dilemma, as occurred in the case study related to the issue, it is essential that there is always a decision based on morality, ethics and collective benefit.
Therefore, the inflow of funds received by the donor must be used to fulfill its purpose in making the donation, which is to develop social programs that serve the residents of the region.
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the frictional unemployment rate is 3.3%, the structural unemployment rate is 3.2%, and the current unemployment rate (in the economy) 7.6%. the economy is in a. an inflationary gap producing more than natural real gdp. b. an inflationary gap producing natural real gdp. c. a recessionary gap producing less than natural real gdp. d. a recessionary gap producing more than natural real gdp.
The frictional unemployment rate is 3.3%, the structural unemployment rate is 3.2%, and the current unemployment rate (in the economy) is 7.6%. the economy is in c. a recessionary gap producing less than natural real GDP.
Still, high severance isn't considered healthy, as advanced rates can be seen as a fiscal strain on consumer spending. In general, most experts suppose severance between 3 and 5 to be ideal, however, there's no single agreement on what constitutes healthy unemployment. Low consumer demand creates cyclical severance.
Companies lose too important profit when demand falls. However, they must lay off workers, If they do not anticipate deals to pick up anytime soon. The advanced severance causes consumer demand to drop indeed more, which is why it's cyclical.
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