Answer: C.
Cash collections for April include:
•40% of the May credit sales
•40% X 80% X $100,000 = $ 32,000
•all of the April cash sales
•20% X $120,000 = $ 24,000
•60% of the April credit sales
•60% X 80% X $120,000 = $ 57,600
$113,600
Explanation: hope this helps!!!!!
Why is this case an example of trademark violation?
Answer:
Say for example i make a Yt video and add in a song that has a trademark if i dont pay for the songs trademark to be able to use it the can report me it would be a violation
Explanation:
Answer: A
Explanation:
Payless made sneakers with a pattern that is similar to the Adidas logo.
In the context of balance sheets, accounts receivable is an example of
Answer:
In the context of balance sheets, accounts receivable is an example of current liabilities immovable assets, current assets depreciated liabilities
Explanation:
Hope It helps And Please Mark Me As BrainliestAnswer:
In the context of balance sheets, accounts receivable is an example of current liabilities immovable assets current assets depreciated liabilities
Explanation:
BQUESTION NO.1 Two social issues of Pakistan are listed below. You can choose any one of these issues for analysis and recommendations as per the details that follow. Write short, to-the-point answers. No copy-pasting is allowed. If you use any material from any source, give citation. (10 marks). SOCIAL ISSUES 1. Drug abuse 2. Climate change a. Write a short statement defining the issue clearly, that is, what it is, how it is a social issue, and why it is an important issue. (2 mark) 50 words b. List its 5 major causes and describe each cause such that its logical causal relation with the chosen social issue appears quite clear. Make sure that you list causes of the chosen issue, not the effects. (2 mark) 100 words c. Select any three causes and list them separately. For each cause, recommend institution wise solutions (solutions at the level of 2-3 institution for each cause), making sure that your solutions are practical, and you have described the logical steps of their implementation. List each cause as a separate heading and under each cause put the names of social institutions as sub-headings. (6 marks) 200 words usiness
Answer:
Climate Change
Please mark Brainliest
Explanation:
(a) Climate has always been an important issue for the world, the emission of toxic gasses effects the ozone layer which causes climate change, if the situation is continued the climate change can become severe and unbearable.
(b) - Emission of toxic gases from industries
- Cutting of forests
- Polluting water by disposing waste in water
- High carbon Emission by cars, buses
- Not planting trees
(c)
- High carbon Emission by cars, buses
The cars should semi annually be checked for its carbon emission and only healthy cars and buses should be allowed to be operated.
The cars should be annually checked for carbon emission and the higher the rate of carbon emission the more tax percentage to be paid by the owner of the car/bus, this will encourage the owners to maintain their cars.
(This tax law is practiced by UK)
- Polluting water by disposing waste in water
The waste by Industries should not be disposed in water, instead there should be such machinery which can convert the waste into something usable say for example the machine converts the waste into plastic bricks which can be used to make houses for poor people.
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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If a real estate license holder wants to assist a property owner by soliciting tenants, collecting rents, and being responsible for property maintenance, which specialization would the license holder likely choose?
Answer: Property management
Explanation:
Property management refers to the operation, oversight and the maintenance of real physical properties and real estate.
Since the real estate license holder wants to assist a property owner by soliciting tenants, collecting rents, and being responsible for property maintenance, the license holders should be specialized in property management.
Concord Company sells merchandise on account for $5700 to Ivanhoe Company with credit terms of 2/10, n/30. Ivanhoe Company returns $1000 of merchandise that was damaged, along with a
check to settle the account within the discount period. What is the amount of the check?
$4700
$4606
$5586
$5606
Answer:
The right solution is Option b ($4606 ).
Explanation:
The given values are:
Company sells merchandise,
= $5700
Company returns,
= $1000
Now,
The amount of the check will be:
= \((5700-1000)\times 98 \ percent\)
= \((5700-1000)\times 0.98\)
= \(4700\times 0.98\)
= \(4606\) ($)
How to market a dental practice on social media?
\( \huge \mathcal{\fcolorbox{yellow}{gold}{\red{answer}}}\)
Patient testimonials.
Before and after photos.
Learning and educational posts (pictures and videos)
Information and sharing news about your practice.
Brand films.
Introducing your dental team.
Professional development news.
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which profession do you prefer to choose for your career engineer or doctor why
Answer:
doctor
Explanation:
because if you are an engineer you will work harder then a doctorans you will get more money when your a doc
Calculating Cost of Debt For the firm in the previous problem, suppose the book value of the debt issue is $35 million. In addition, the company has a second debt issue on the market, a zero coupon bond with 12 years left to maturity; the book value of this issue is $80 million and the bonds sell for 61 percent of par. What is the company’s total book value of debt? The total market value? What is your best estimate of the aftertax cost of debt now?
The best estimate of the aftertax cost of debt for the firm is 3.47% in the given case.
To calculate the total book value of debt, we sum the book values of both debt issues:
Total book value of debt = Book value of debt issue 1 + Book value of debt issue 2
Total book value of debt = $35 million + $80 million
Total book value of debt = $115 million
To calculate the market value of the zero coupon bond, we need to find 61% of the face value:
Market value of zero coupon bond = 0.61 x Face value of zero coupon bond
Market value of zero coupon bond = 0.61 x $80 million
Market value of zero coupon bond = $48.8 million
The total market value of debt is the sum of the market values of both debt issues:
Total market value of debt = Market value of debt issue 1 + Market value of debt issue 2
Total market value of debt = $35 million + $48.8 million
Total market value of debt = $83.8 million
To find the aftertax cost of debt, we need to first calculate the yield to maturity on the zero coupon bond. We know that the bond has 12 years left to maturity and sells for 61% of par, so we can use the following formula to find the yield to maturity:
61% of face value = $48.8 million
Par value = $100 million
Years to maturity = 12
Yield to maturity = ?
Solving for the yield to maturity using a financial calculator or spreadsheet, we get:
Yield to maturity = 4.83%
Next, we need to find the aftertax cost of debt for both debt issues separately and then weight them by their respective market values. We are given that the company's tax rate is 40%.
For the first debt issue, we are given that the coupon rate is 8% and that the bonds are currently selling at par, so the beforetax cost of debt is 8%. The aftertax cost of debt is:
Aftertax cost of debt issue 1 = Beforetax cost of debt issue 1 x (1 - Tax rate)
Aftertax cost of debt issue 1 = 8% x (1 - 40%)
Aftertax cost of debt issue 1 = 4.8%
For the zero coupon bond, we already calculated the yield to maturity, which is the beforetax cost of debt. The aftertax cost of debt is:
Aftertax cost of debt issue 2 = Beforetax cost of debt issue 2 x (1 - Tax rate)
Aftertax cost of debt issue 2 = 4.83% x (1 - 40%)
Aftertax cost of debt issue 2 = 2.90%
Finally, we can weight the aftertax costs of debt by their respective market values to get the overall aftertax cost of debt:
Overall aftertax cost of debt = (Market value of debt issue 1 / Total market value of debt) x Aftertax cost of debt issue 1 + (Market value of debt issue 2 / Total market value of debt) x Aftertax cost of debt issue 2
Plugging in the numbers, we get:
Overall aftertax cost of debt = ($35 million / $83.8 million) x 4.8% + ($48.8 million / $83.8 million) x 2.90%
Overall aftertax cost of debt = 3.47%
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What is market environment
Answer:
The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.
Explanation:
The internal factors relate to the company itself, such as owners, workers, materials, components, etc.
The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.
Frozen Gold is a fast-growing chain of ice cream shops. It has acquired an edge over its competitors through its ability to provide a wide array of unique flavors and a hip atmosphere in stores. This advantage of Frozen Gold best exemplifies a:_________.
A. markup.
B. resource flow.
C. capital gain.
D. core competency.
B.
Customers will have a variety of flavors to choose from
This advantage of Frozen Gold best exemplifies a core competency. Thus the correct option is D.
What is a core competency?Core competencies refer to unique abilities, skills, or characteristics which an organization carries in order to differentiate their goods from the competition and achieve a market advantage with the help of this.
This core competency can be anything like the process of manufacturing, promotion, advertising, product design, product features and so on which helps to identify the product.
In the given case, the core competency of ice cream shop is that they provide a wide array of flavors which is unique in nature as well as the atmosphere in their stores is also attractive which reflects their services to the customers.
Therefore, option D is appropriate.
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True or false: if you invest at a rate of r for two periods, under compounding, your investment will grow to (1 + r)^2 per dollar invested.
It is accurate to say that, with compounding, if you invest at a rate of r for two time periods, each dollar you put in will increase to equal (1 + r)^2.
What does the term "compounding" mean?The powerful investing principle of compounding entails generating returns on both your initial investment and returns you have already received. You must reinvest your comes back in your account for compounding to take effect. As an illustration, invest $1,000 and get a 6% return.
How is compounding calculated?In order to compute compound interest, multiply the principle of the original loan by the annual interest rate multiplied by the number of compound period minus one. The amount remaining will be the principal of the loan plus compound interest.
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You are considering the purchase of a new machine. Your analysis includes the evaluation of two machines that have differing purchase prices, annual maintenance costs, and life spans. Whichever machine is purchased will be replaced at the end of its useful life. You should select the machine that has the: A) longest life. B) highest annual operating cost. C) lowest annual operating cost. D) highest equivalent annual cost. E) lowest equivalent annual cost.
The best decision is to select the machine that has the lowest equivalent annual cost.
In accounting, the equivalent annual cost means the incurred cost of owning, operating, and maintaining an asset over its entire useful life
Usually, the higher the EAC, the lesser the profit made because the chunk of the revenue will be spent to maintain the asset for continuation of production in such business.
Therefore, the machine with the lowest equivalent annual cost sould be considered,
Therefore, the answer is E because it is the best decision to select the machine that has the lowest equivalent annual cost..
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Baker Industries’ net income is $26000, its interest expense is $5000, and its tax rate is 45%. Its notes payable equals $27000, long-term debt equals $70000, and common equity equals $260000. The firm finances with only debt and common equity, so it has no preferred stock. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.
ROE =
ROIC =
ROE (Return on Equity) = Net Income / Total Equity
Total Equity = Common Equity + Long-Term Debt + Notes Payable = $260000 + $70000 + $27000 = $333000
ROE = $26000 / $333000 = 0.0779 or 7.79%
ROIC (Return on Invested Capital) = (Net Income + Interest Expense) / (Total Debt + Total Equity)
Total Debt = Long-Term Debt + Notes Payable = $70000 + $27000 = $97000
ROIC = ($26000 + $5000) / ($97000 + $333000) = 0.0598 or 5.98%
Note: The ROE represents the return that the equity owners receive on their investment in the company, while the ROIC represents the return that the company is generating on all its capital investments, including both debt and equity.
Hope this helps,
- Jeron :- )
What is the current value of a $1000 Treasury inflation-protected security if the reference CPI is 203.19 and the current CPI is 205.47? The coupon rate is 3 percent and the bond was issued two years ago.
Answer:
the current value fo $1,000 is $1,011.22
Explanation:
The computation of the current value of $1,000 is shown below:
Current value
= Price × (Current CPI ÷ Reference CPI) × 100
= $1,000 × (205.47 ÷ 203.19)
= $1,011.22
We basically applied the above formula so that the current value would come
Hence, the current value fo $1,000 is $1,011.22
The rate of car in India is also rising due to inflation occured due to rise of 5. The USD is rising quickly relative to the Indian rupee (INR). Will an Indian company that imports cars made in the United States find that car prices in INR will rise or fall? Explaidollars over indian rupees
The rate of car in India is also rising due to inflation occured ---------. The Indian company that imports cars made in the United States find that car prices in INR will rise because the U.S. dollars are also rising relative to Indian rupee.
What is Inflation?Inflation is a persistent rise in prices of commodities and services. Inflation leads to decline of purchasing power of the people over time.
Inflation is mostly classified into three types: demand-pull inflation, cost-push inflation, and built-in inflation. The most commonly used inflation indexes are the Consumer Price Index and the Wholesale Price Index.
The rate of car in India is also rising due to inflation occured ---------. The Indian company that imports cars made in the United States find that car prices in INR will rise because the U.S. dollars are also rising relative to Indian rupee.
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A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from the government. It allows the supply and demand of consumers to determine the success or failure of an economic endeavor. As a result, some business owners have become successful, while others have not.
In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.
The entrepreneur that is chosen for this argument is Steve Jobs. Steve Jobs was one of the co-founders of Apple, which is now a trillion-dollar company.
The free enterprise system was necessary for Steve Jobs to make an impact on the business world. Steve Jobs did not come from a wealthy background, but he had a passion for technology. The free enterprise system allowed him to start a business without any restrictions from the government.
He was able to create innovative products, such as the iPhone and iPad, and sell them to consumers. The supply and demand of consumers determined the success or failure of his business endeavors. Steve Jobs was able to create a successful company and become a billionaire because of the free enterprise system.
Without the free enterprise system, Steve Jobs may not have been able to start a successful business and make an impact on the business world.
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How has the use of computers impacted the role of accountants?
Answer: IT networks and computer systems have shortened the time needed by accountants to prepare and present financial information to management. This system allows companies to create individual reports quickly and easily for management decision making.
Answer:
it's made there job much easier because everything they need is in one place
Explanation:
can I have brainliest I'm trying to level up
Critique the case: How did Karin originally approach the project? Comment specifically about Karin’s project management skills and approach? 2. While assessing the case, draw a project organigram, identifying the role-players/ stakeholders and whether they were all in original agreement of the project?
The project organigram should identify the role-players and stakeholders involved in the project and determine if they were all in original agreement.
Who are the role-players and stakeholders involved in the project?The project organigram outlines the key individuals and entities involved in the project including project managers, team members, clients, executives and any other relevant stakeholders.
It also highlights their roles, responsibilities, and relationships within the project structure. Assessing whether they were all in original agreement requires examining the project's initiation phase and the documented agreements such as contracts, memorandums of understanding or project charters.
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Connect information which relates.
Inside-out perspective Choose..
competitive intelligence
the organisation's goals and values
the resources and capabilities to achieve competitive advantage
the industry environment
Competitive intelligence bridges the gap between the organization's goals and values, the industry environment, and the resources and capabilities necessary to gain a competitive edge. The correct option is a.
Competitive intelligence plays a crucial role in connecting the organization's goals and values with the industry environment and the resources and capabilities required to achieve competitive advantage. Competitive intelligence involves gathering and analyzing information about competitors, market trends, and customer preferences to gain insights and make informed business decisions.
By understanding the industry environment through competitive intelligence, organizations can identify opportunities and potential threats. This knowledge helps align the organization's goals and values with the external factors impacting its success. For example, if the industry is shifting towards sustainable practices, an organization that values environmental responsibility can leverage this trend to enhance its competitive position.
Furthermore, competitive intelligence helps identify the resources and capabilities needed to achieve competitive advantage. It provides insights into the strengths and weaknesses of competitors, allowing organizations to benchmark their own capabilities and identify areas for improvement. This knowledge can guide strategic planning and resource allocation, ensuring that the organization aligns its resources with its competitive goals. The correct option is a.
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QUESTION 2 of 10: What is the term used by recruiters to describe their ideal candidate?
a) Pink cow
b) Red rabbit
c) Purple squirrel
d) None of the above
Answer:
Purple squirrel is the answer
Answer:
we gottta kill dem critters
Explanation:
What financial report will you use to determine if a company has made a profit?
The "income statement" is read top to bottom, beginning with revenues, sometimes known as the "top line." Taxes are subtracted after expenses and charges. The company's net income or profit is the result before any returns are paid, and it is from this that the term "bottom line" is derived.
What is financial reporting?The practice of recording and conveying financial performance over certain time periods, often on a quarterly or annual basis, is known as financial reporting.
Financial reports are used by businesses to compile accounting data and present their current financial situation. Numerous financial data are available for public scrutiny and are crucial in the estimates of future profitability, industry position, and growth.
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Ava goes to the store and chooses clothes and shoes for a new job. The purchases total $200. Ava has a choice: pay with cash or pay with the credit card that gives the discount.
Answer:
Explanation:
efectivo
Feed the Hungry Children, a (fictitious) not-for-profit tax-exempt entity under IRC Sec. 501(c)3, has been in operation for six years. The mission of the group is to provide healthy breakfast meals to children in inner city schools, so they can best learn. A wealthy local philanthropist has been meeting with the organization hoping to change the direction of the organization in return for a $1,000,000 permanent endowment donated to the group. While these negotiations were taking place this year, the organization suspended its normal operations. The draft of the Form 990 for this fiscal year shows 0 revenues and 0 expenses for this fiscal year and penciled in is a $1,000,000 gift from the philanthropist. The treasurer of the Board is drafting the Schedule A for the Form 990 in preparation for reporting to the Board whether the organization's status has changed form a public charity to a private foundation. Go to the www.irs.gov website and obtain Form 990, Schedule A. In your own words, construct an argument to support why this tax-exempt entity is still a public charity.
Despite the suspension of normal operations and the potential $1,000,000 gift from a wealthy local philanthropist, there is still an argument to support that Feed the Hungry Children, the not-for-profit tax-exempt entity, remains a public charity.
1. Review the requirements for a public charity: According to IRC Sec. 501(c)3, a public charity must receive a substantial part of its support from public contributions and grants and be organized and operated for charitable purposes.
2. Examine the mission and purpose: Feed the Hungry Children's mission is to provide healthy breakfast meals to children in inner city schools, with the aim of helping them learn better. This aligns with a charitable purpose focused on improving the well-being of children and promoting education.
3. Consider the organization's history: Feed the Hungry Children has been in operation for six years, consistently providing healthy breakfast meals to children in need. Its long-standing commitment to charitable activities demonstrates a track record of serving the public interest.
4. Evaluate the potential gift: The $1,000,000 gift from the local philanthropist, although substantial, does not automatically change the organization's status from a public charity to a private foundation. The organization's eligibility is determined by its overall sources of support, not a single donation. If the gift does not significantly alter the public support test, Feed the Hungry Children can still maintain its public charity status.
5. Analyze the Form 990, Schedule A: The treasurer of the Board is preparing the Schedule A for the Form 990, which provides information about the organization's public support and support schedule. By reviewing this form, it will be possible to determine whether the organization's public charity status has changed or if it still meets the required criteria.
6. Document the argument: Compile the findings from the review, emphasizing the organization's charitable purpose, its history of serving the public, and the evaluation of the potential gift's impact on public support. Present these points in a well-structured and persuasive argument to support the conclusion that Feed the Hungry Children remains a public charity.
It is important to consult with legal or tax professionals for accurate and specific advice in interpreting tax laws and regulations related to the organization's status.
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Damon convinced his aunt to lend him $6,900 to purchase a plasma digital TV. She has agreed to charge only 12 percent simple interest, and he has agreed to repay the loan at the end of one year. How much interest will he pay for the year
Answer:
444
Explanation:
Simple Interest for a year can be calculated using
I = PRT/100
P= Principle amount
R= percent simple interest
T= time
(3700)(12)(1)/100 = 444
q Conflict Consequences 2 Difference between critical and Creative thinking. 3. Positive Use & Teisure time 41m Portance & Self Identity Svalues associated with creative Thinking
Critical thinking involves analyzing and evaluating information, while creative thinking involves generating new ideas and solutions. Positive use of leisure time includes engaging in activities that promote personal well-being, learning, self-improvement, socializing, and exploring new experiences.
Difference between critical and creative thinking:
Critical thinking is a cognitive process that involves analyzing and evaluating information or arguments in a logical and systematic manner. It focuses on objective analysis, reasoning, and problem-solving. Critical thinking requires the ability to question assumptions, recognize biases, and assess evidence to form well-reasoned judgments or decisions.
On the other hand, creative thinking involves generating new ideas, insights, or solutions. It is a process of divergent thinking, breaking away from conventional thoughts and exploring alternative perspectives.
Creative thinking often involves combining different ideas, making connections, and thinking outside the box. It encourages imagination, flexibility, and the ability to embrace uncertainty.
While critical thinking aims to assess and evaluate existing information or arguments, creative thinking aims to generate new possibilities or approaches. Critical thinking seeks to analyze and deconstruct, while creative thinking seeks to synthesize and construct.
Positive use of leisure time:
Leisure time refers to the period when individuals are free from work or other obligations and can engage in activities of their choice. Positive use of leisure time involves engaging in activities that contribute to personal well-being, growth, and fulfillment. Here are some examples:
Pursuing hobbies and interests: Engaging in activities such as painting, playing a musical instrument, gardening, or sports can provide relaxation, personal enjoyment, and a sense of accomplishment.
Learning and self-improvement: Using leisure time to learn new skills, read books, take online courses, or engage in personal development activities can enhance knowledge, broaden perspectives, and foster personal growth.
Physical and mental well-being: Allocating leisure time for exercise, meditation, yoga, or other wellness activities promotes physical fitness, reduces stress, and enhances overall well-being.
Socializing and building relationships: Spending leisure time with family, friends, or participating in community activities helps foster social connections, build relationships, and strengthen support networks.
Exploring new experiences: Traveling, visiting museums, attending cultural events, or trying new cuisines broadens horizons, provides exposure to different cultures, and creates memorable experiences.
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January 4—Sold two ice cream systems to Day Dreamer’s Ice Cream. The estimated direct labor is $8,200.00. The estimated direct material is $3,350.00. The estimated indirect material is $350.00. Day Dreamer’s is to be billed in the amount of $20,925.00 on account. A check for $5,000.00 will be collected as a deposit against that sale. The start date will be January. The date promised will be January 23. Assign the contract to Job 74.
January 4th sold two ice cream systems to Day Dreamer's Ice Cream. THe estimated direct labor is $8,000.00. The estimated direct material is $2,250.00. The estimated indirect material is $350.00. Day Dreamers is to be billed in the amount of $20,925.00 on account. A check for $5,000.00 will be collected as a deposit against that sale. The start date will bew January 7th. The date Promised will be January 23rd.
January 19—Apply from direct materials requisition $2,800.00 of direct materials. Apply from indirect materials requisition $325.00 of indirect materials. Apply from time cards s $7,950.00 of direct labor to Job 74 completing the job.Applied factory overhead is based on 25% of direct labor cost. Transfer the completed job to the COGS account from Direct Material and Indirect Material and Factory Overhead accounts. When making the journal entry for applying direct labor debit COGS for the gross pay and credit FWT Payable and FICA Tax Payable for the appropriate amounts with the net pay going to Salaries Payable
what would all the monthly journal entries be?
When the job is completed, the costs incurred in the Work in Progress account will be transferred to the Finished Goods account.The following are the monthly journal entries:January 4, 20XX: Sold two ice cream systems to Day Dreamer's Ice Cream and the total amount billed on account is $20,925.00. Cash collected on account was $5,000.00.
To record sales on account:
Debit: Accounts Receivable: $20,925
Credit: Sales Revenue: $20,925
To record cash received on account
:Debit: Cash: $5,000
Credit: Accounts Receivable: $5,000
January 7, 20XX: Job 74 began and the direct and indirect materials are requisitioned and job order costs were incurred.
To record the beginning of the job, the following entry will be made:
Debit: Work in Progress: $5,800
Credit: Direct Materials: $2,250
Credit: Indirect Materials: $350
Credit: Direct Labor: $8,000
January 19, 20XX: Direct materials of $2,800 and indirect materials of $325 were used and direct labor costs were incurred amounting to $7,950.00.
To record the use of direct materials:
Debit: Work in Progress: $2,800
Credit: Direct Materials: $2,800
To record the use of indirect materials:Debit: Work in Progress: $325
Credit: Indirect Materials: $325To record the payroll expenses:
Debit: Work in Progress: $7,950
Credit: Salaries Payable: $6,137.50
Credit: FICA Taxes Payable: $612.50
Credit: Federal Withholding Taxes Payable: $200
Credit: State Withholding Taxes Payable: $1,000
To record the application of overhead:Debit: Work in Progress: $1,987.50
Credit: Manufacturing Overhead: $1,987.50.When the job is completed, the costs incurred in the Work in Progress account will be transferred to the Finished Goods account.
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Torrin, a city policeman, is featured as Mr. August in the police charity calendar wearing only a pair of Speedos and a smile. Charlie is a fellow cop and a homosexual. Every opportunity that he has, Charlie brushes up against Torrin and asks if Torrin has ever been with a man. Charlie buys Torrin gifts and leaves them by Torrin's locker. Torrin throws the gifts away immediately. Torrin has asked Charlie to stop, but Charlie just laughs and says, "I'll get you someday." Torrin is and has always been a heterosexual. Torrin has complained to his superiors pursuant to department policy, but they claim it's just horseplay and not serious. If Torrin files a complaint with the EEOC:____________A. he has a valid case based on quid pro quo harassment.B. he does not have a case because same-gender harassment does not give rise to a valid cause of action.C. he does not have a case because Charlie's actions are not severe enough to constitute sexual harassment.D. he has a valid case based on hostile work environment harassment.
Answer:
D. he has a valid case based on hostile work environment harassment.
Explanation:
Based on the information provided regarding the scenario at hand it can be said that If Torrin files a complaint with the EEOC he has a valid case based on hostile work environment harassment. Torrin has verbally asked Charlie to stop sexually harassing him on countless occasions, yet Charlie continues to do so. This alone gives Torrin a valid and winnable case against Charlie and even the Police Department for not taking the situation more seriously.
current market prices reflect all relevant information, whether it is known publicly or privately. this statement is consistent with:Semistrong-form efficiency Strong-form efficiency Weak-form efficiency
Market pricing reflect all relevant information, whether publicly or privately known. Strong-form efficiency is compatible with this premise.
What is the definition of Strong form efficiency?A market with strong form efficiency fully and equitably reflects not only all publicly available information and all historical information, but also all private information (insider information). It is not possible to achieve abnormal gains in such a market by examining any type of information.
What is the efficient market theory in its strongest form?Followers of the strong form efficient market theory think that all information, whether public and private, is factored into a security's current price. In this manner, even insider information cannot provide investors with the possibility for extra gains.
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Automobile firms can use their inputs to make hybrid cars or "regular" (non-hybrid) cars. If the equilibrium price of hybrid cars rises sharply, the resulting shift in the supply curve for "regular" cars will cause:
Answer: a) an increase in the Equilibrium price of "regular" cars.
Explanation:
It is stated that the automobile companies use their inputs to make either the hybrid cars or the regular cars.
If the price of the Hybrid cars rises sharply, Automobile companies will make more Hybrid cars so as to take advantage of the situation and make more profit.
This would reduce the amount of inputs that they have available for regular cars and so they will make less regular cars.
As this supply of regular cars decreases,the supply curve will shift to the left and the price will increase to cater for this reduction in supply.