A debt instrument is called short-term if its maturity is less than a year. A debt instrument is called intermediate-term if its maturity is between one year and 10 years. A debt instrument is called long-term if its maturity is greater than 10 years. A three month Treasury bill is a money market instrument. The capital market instruments include debt instruments with maturity greater than one year and equities.
Short-term debt instruments have a maturity of less than a year. They are typically used to meet short-term financing needs and are characterized by lower risk and lower interest rates compared to longer-term debt. Examples of short-term debt instruments include Treasury bills, commercial paper, and certificates of deposit.
Intermediate-term debt instruments have a maturity between one year and 10 years. They occupy a middle ground between short-term and long-term debt. They are used for medium-term financing needs and offer a moderate level of risk and interest rates. Examples of intermediate-term debt instruments include corporate bonds and certain types of government bonds.
Long-term debt instruments have a maturity greater than 10 years. They are used for long-term financing needs and carry a higher level of risk and potentially higher interest rates. Long-term debt instruments provide issuers with access to larger amounts of capital. Examples of long-term debt instruments include government bonds with longer maturities, mortgage bonds, and corporate bonds with longer tenures.
Money market instruments are short-term debt instruments with a maturity of less than a year. They are highly liquid and generally considered to be low-risk investments. Treasury bills, specifically three-month Treasury bills, are examples of money market instruments that are issued by the government to finance its short-term borrowing needs.
Capital market instruments encompass both debt instruments with maturities greater than one year and equities. They are used for long-term financing and investment purposes. Debt instruments in the capital market include long-term government and corporate bonds. Equities represent ownership in a company and are traded in the stock market. Examples of capital market instruments include stocks, corporate bonds, and long-term government bonds.
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is he drinking coke or pepsi ?
How can the concept of opportunity cost affect your decisions when making financial plans?
Answer:
Opportunity cost is the potential benefit or gain that must be given up in order to pursue a certain action or decision. In the context of financial planning, opportunity cost can play a significant role in determining the best course of action.
When making financial plans, individuals must consider the opportunity cost of each decision they make. For example, if someone decides to invest their money in a particular stock, they must consider the opportunity cost of not investing in a different stock or asset that may have a higher potential return. Similarly, if someone decides to save money by cutting back on their spending, they must consider the opportunity cost of not being able to enjoy the things they are giving up.
Opportunity cost can also affect decisions related to debt and credit. For example, if an individual takes out a loan with a low interest rate, they must consider the opportunity cost of not being able to invest or save that money for other financial goals, such as retirement or buying a house.
Opportunity cost can also affect decisions related to time and effort, such as taking a higher paying job that requires more time and effort, or starting a business which is time-consuming and risky but can have high potential returns.
What is a requirement for using payroll in quickbooks?
a. you can't have any outstanding payroll taxes due
b. subscribing to the service
c. accrual-based accounting
d. quarterly filing
B. The requirement of using payroll is Subscribing to the service in quick books.
More about the QuickBooks:
The financial software programme QuickBooks was created and is sold by Intuit. QuickBooks products were first released in 1983 and are primarily targeted at small and midsize enterprises. They provide cloud-based payroll services, on-premises accounting software, and variants that take payment from companies.
More about the payroll:
Payroll is the compensation that a company owes its workers for a specific time period and on a specific day. The payroll procedure may involve keeping track of the worked hours by employees, figuring out pay, and disbursing funds via cheque or fund transfer.
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Which Long Term Care insurance statement is true?
Pre-existing conditions must be covered after the coverage has been in force for six months
Pre-existing conditions are those for which medical advice or treatment was recommended by or received from a health provider within 6 months preceding the effective date of an individual long-term care policy.
Long Term Care insurance statement is true the Pre-existing conditions must be covered after the coverage has been in force for six months. Thus option D is correct.
What is insurance?Insurance that offers compensation if a claim arises against it, not of whether the claim event happened. It is for the person who needs a insurance claim and will be paid the amount by the insurance comapny.
Pre-existing disease clauses may only refer to circumstances that occurred within six months of the issue date of coverage and should not or otherwise limit insurance for the timeframe that extends past twelve months after that date. Therefore, option D is the correct option.
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The question is incomplete, the complete question will be :
Which Long Term Care insurance statement is true?
-Inflation protection is usually not offered
-Benefits are usually payable for alcohol rehabilitation
-Can only be offered to individuals under the age of 70
-Pre-existing conditions must be covered after the coverage has been in force for six months
4-Strategy should focus PRIMARILY on the organization's: a. shareholders b. customers c. products d. employees
Answer:
b. customers
Explanation:
The organizational strategy can be understood as a plan that aims to develop action plans so that a company can achieve its objectives and goals, so it is correct to state that the strategy should focus primarily on the organization's customers.
A company exists to satisfy the desires and needs of potential customers, so that is the substantial reason for its existence and where its focus must be, of course, a strategy must understand the organizational whole, its internal and external environment including shareholders, products and employees, but the focus on the customer must be a priority, so that the company has acceptance, value and market positioning.
In
, people invest money in a company in exchange for the company’s
.
Answer:
In equity crowdfunding, people invest money in a company in exchange for the company’s shares
Explanation:
Equity crowdfunding is the process in which people invest in start up companies and early stage companies that have not been listed on a stock market in exchange for shares in that company. As a result of the investment, the person becomes a shareholder and makes profit when the company do well but if the company fails, shareholders make losses.
Startups and early-stage companies use this method to raise capital.
give me goals you want to reach for sales, profit, market share, market visibility, etc
and your marketing strategy that will help you accomplish them.
The long-term objectives of marketing strategy could be lead generation, market share expansion. Sales has set short-term objectives designed to hit quotas, build the pipeline, and close deals swiftly.
What do you mean by the marketing strategy?A marketing strategy is a long-term plan for attaining a business' objectives through an understanding of client needs and the development of a distinct and long-lasting competitive advantage.
It includes everything, from choosing which channels to utilize to contact your customers to figuring out who they are.
A business aim is a destination, feat, or objective the corporation hopes to reach in the short- or long-term.
Therefore, the long-term objectives of marketing strategy could be lead generation, market share expansion. Sales has set short-term objectives designed to hit quotas, build the pipeline, and close deals swiftly.
Reaching your target audience and communicating the advantages of your product or service are the goals of marketing, which will help you attract, retain, and grow your customer base.
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When Chin Lee sells the jewelry she makes at craft fairs or on her personal website, she is utilizing a(n) ________ marketing channel.
Based on the information given about Chin Lee , she is utilizing a(n) direct marketing channel.
Direct marketing channel occur when the manufacturer or producer of goods and service sell directly to their customers.
When the goods produce move directly from the manufacturer to the buyer which means the producer is engaging in what is called direct marketing channel.
Chin lee is utilizing a(n) direct marketing channel due of the following:
She advertised the goods directly to her customers using her website.She is selling the goods she produced directly to interested buyers.Inconclusion she is utilizing a(n) direct marketing channel.
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A company has beginning inventory for the year of $13,000. During the year, the company purchases inventory for $150,000 and ends the year with $25,000 of inventory. The company will report cost of goods sold equal to:
Based on the opening and closing inventories as well as the purchases, the company cost of goods is $138,000.
What are the cost of goods sold?This can be found as:
= Opening inventory + purchases - closing inventory
Solving gives:
= 13,000 + 150,000 - 25,000
= $138,000
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Price m 2011 Pricem 2012 Oranges $0.50 $0.40 Apples 0.25 0.40 Bananas 0.40 0.50 Suppose 2011 is the base year and the market basket for purposes of constructing a price index consists of 200 oranges, 100 apples, and 100 bananas. What is the value of the price index in 2011? a) 1.15 b) 100 c) 165 d) 190 Te Next yearning Active Learning: Practice Price in 2011 Price in 2012 Oranges $0.50 $0.40 Apples 0.25 0.40 Bananas 0.40 0.50 What is the value of the price index in 2012, using 2011 as the base year? a) 0.97 b) 1 c) 100 d) 103
The value of the price index in 2011, will be option D i.e. 103.
1. Multiply the price of each item in 2011 by the quantity in the market basket:
- Oranges: $0.50 * 200 = $100
- Apples: $0.25 * 100 = $25
- Bananas: $0.40 * 100 = $40
2. Add the results from step 1 to find the total cost of the market basket in 2011:
- $100 + $25 + $40 = $165
3. Divide the total cost of the market basket in 2011 by the total cost in the base year (2011) and multiply by 100:
- ($165 / $165) * 100 = 100
The value of the price index in 2011 is 100 (option b).
Next, to calculate the value of the price index in 2012 using 2011 as the base year, follow these steps:
1. Multiply the price of each item in 2012 by the quantity in the market basket:
- Oranges: $0.40 * 200 = $80
- Apples: $0.40 * 100 = $40
- Bananas: $0.50 * 100 = $50
2. Add the results from step 1 to find the total cost of the market basket in 2012:
- $80 + $40 + $50 = $170
3. Divide the total cost of the market basket in 2012 by the total cost in the base year (2011) and multiply by 100:
- ($170 / $165) * 100 ≈ 103
The value of the price index in 2012 using 2011 as the base year is 103 (option d).
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Harper has shown promise, and her manager has suggested that she be paired up with another experienced professional for faster skill development.
What coaching method does the manager use in Harper’s case?
is the training technique that Harper’s manager is using. In this technique, Harper will work with an experienced and already trained employee to develop her skills faster.
Answer:
i’m pretty sure it’s mentoring
Explanation:
plato
Answer:
Shadowing answer on plato
Explanation:
guess a number between 1-20
Answer:
17
Explanation:
An advantage of a corporation is that
A. owners pay fewer taxes than owners of other forms of business.
B. the business is subject to little government intervention.
C. owners have limited liability for debt.
D. owners have direct and immediate control over daily management of the business.
Answer:
C. Owners have limited liability for debt
What would be the net annual cost of the following checking accounts? a. Monthly fee, $4.50; processing fee, 35 cents per check; checks written, an average of 20 a month.
The monthly fee for a checking account is $4.50 and the processing fee is 35 cents per check. The average number of checks written per month is 20.
To determine the net annual cost of the checking account, we will use the formula; Net Annual Cost = [Monthly fee × 12] + [Processing fee × an Average number of checks written per month × 12]Given; Monthly fee = $4.50Processing fee = $0.35Average a number of checks written per month = 20. Substitute the given values into the formula; Net Annual Cost = [$4.50 × 12] + [$0.35 × 20 × 12]Net Annual Cost = [$54] + [$84]Net Annual Cost = $138Therefore, the net annual cost of the checking account is $138.
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Selma deposited a paycheck for $378. 42. She’ll use the check register to record her transaction. What will be her new balance? A checking account has a balance of 2636 dollars and 41 cents. $2,257. 99 $2,337. 06 $3,014. 83 $3,057. 31.
Answer:
$3,014. 83
Explanation:
So basically, just add the checking account balance to the amount she's depositing. So the equation should look like $378.42 + 2,636.41. Add it all up and you get $3,014.83
Hope this helps :)
BSW Bank currently has $1,000 million in transaction deposits on its balance sheet. The Federal Reserve has currently set the reserve requirement at 6 percent of transaction deposits.
a. If the Federal Reserve decreases the reserve requirement to 5 percent, show the balance sheet of BSW and the Federal Reserve System just before and after the full effect of the reserve requirement change. Assume BSW withdraws all excess reserves and gives out loans, and that borrowers eventually return all of these funds to BSW in the form of transaction deposits. (Do not round intermediate calculations. Enter your answers in millions rounded to the nearest dollar amount.)
Panel A: Initial balance sheets
Federal Reserve Bank
Assets Liabilities
(Click to select)LoansTransaction depositsReserve accountsReserve deposits at FedSecurities $ million (Click to select)Reserve deposits at FedLoansReserve accountsTransaction depositsSecurities $ million
BSW Bank
Assets Liabilities
(Click to select)LoansReserve deposits at FedSecuritiesReserve accountsTransaction deposits $ million (Click to select)LoansTransaction depositsReserve deposits at FedReserve accountsSecurities $ million
(Click to select)Transaction depositsReserve accountsSecuritiesLoansReserve deposits at Fed million Panel B: Balance sheet after all changes
Federal Reserve Bank
Assets Liabilities
(Click to select)SecuritiesLoansReserve deposits at FedReserve accountsTransaction deposits $ million (Click to select)LoansReserve accountsTransaction depositsSecuritiesReserve deposits at Fed $ million
BSW Bank
Assets Liabilities
(Click to select)SecuritiesLoansReserve deposits at FedTransaction depositsReserve accounts $ million (Click to select)Reserve deposits at FedTransaction depositsSecuritiesLoansReserve accounts $ million
(Click to select)SecuritiesReserve accountsTransaction depositsLoansReserve deposits at Fed million b. Redo part (a) using a 8 percent reserve requirement. (Do not round intermediate calculations. Enter your answers in millions rounded to the nearest dollar amount.)
Panel A: Initial balance sheets
Federal Reserve Bank
Assets Liabilities
(Click to select)Reserve deposits at FedSecuritiesLoansReserve accountsTransaction deposits $ million (Click to select)SecuritiesTransaction depositsReserve accountsLoansReserve deposits at Fed $ million
BSW Bank
Assets Liabilities
(Click to select)Reserve accountsTransaction depositsLoansReserve deposits at FedSecurities $ million (Click to select)SecuritiesLoansReserve deposits at FedTransaction depositsReserve accounts $ million
(Click to select)Transaction depositsReserve deposits at FedSecuritiesReserve accountsLoans million Panel B: Balance sheet after all changes
Federal Reserve Bank
Assets Liabilities
(Click to select)Reserve accountsReserve deposits at FedTransaction depositsLoansSecurities $ million (Click to select)Reserve deposits at FedTransaction depositsReserve accountsLoansSecurities $ million
BSW Bank
Assets Liabilities
(Click to select)Reserve accountsTransaction depositsSecuritiesLoansReserve deposits at Fed $ million (Click to select)LoansSecuritiesReserve deposits at FedReserve accountsTransaction deposits $ million
(Click to select)Reserve accountsReserve deposits at FedSecuritiesTransaction depositsLoans million
a. Panel A: Initial balance sheets Federal Reserve Bank Assets Liabilities Securities Reserve deposits at Fed Loans Reserve accounts Transaction deposits $1,000 million
BSW Bank
Assets Liabilities
Loans
Reserve deposits at Fed
Securities
Reserve accounts
Transaction deposits $1,000 million
Panel B: Balance sheet after all changes
Federal Reserve Bank
Assets Liabilities
Securities Reserve deposits at Fed
Loans
Reserve accounts
Transaction deposits $950 million
BSW Bank
Assets Liabilities
Loans Transaction deposits
Reserve deposits at Fed
Securities
Reserve accounts $950 million
b. Panel A: Initial balance sheets
Federal Reserve Bank
Assets Liabilities
Reserve deposits at Fed
Securities
Loans
Reserve accounts
Transaction deposits $1,000 million
BSW Bank
Assets Liabilities
Reserve accounts
Transaction deposits
Loans
Reserve deposits at Fed
Securities $1,000 million
Panel B: Balance sheet after all changes
Federal Reserve Bank
Assets Liabilities
Reserve accounts
Reserve deposits at Fed
Transaction deposits
Loans
Securities $800 million
BSW Bank
Assets Liabilities
Reserve accounts
Transaction deposits
Securities
Loans
Reserve deposits at Fed $800 million
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Kenny is a college student working a part-time job as a mechanic at a local body shop Kenny earns an average of $25 per hour, working 20 hours per week . Kenny pays his health insurance of $2,200 per year and taxes of $1,000 per year What is his net annual pay? And net monthly pay rounded to the nearest dollar?
Kenny's net annual pay is $22,800.
Kenny's net monthly pay is $1900.
What is Kenny's net annual pay?Kenny's net annual pay is her gross pay less any deductions such as insurance and taxes.
Kenny's net annual pay = gross pay - health insurance - taxes
Gross pay = $25 x 20 x 52 = $26,000
Kenny's net annual pay = $26,000 - $2200 - $1000 = $22,800
Kenny's net monthly pay = $22,800 / 12 = $1,900
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What type of pattern exists in the data? The time series plot shows a linear trend and no seasonal pattern in the data. The time series plot shows a horizontal pattern and no seasonal pattern in the data. The time series plot shows a horizontal pattern, but there is also a seasonal pattern in the data. The time series plot shows a linear trend and a seasonal pattern in the data. (b) Use the following dummy variables to develop an estimated regression equation to account for any seasonal and linear trend effects in the data. (Round your numerical values to two decimal places. ) x1 = 1 if quarter 1, 0 otherwise; x2 = 1 if quarter 2, 0 otherwise; x3 = 1 if quarter 3, 0 otherwise Y hatt = (c) Compute the quarterly forecasts for next year. (Round your answers to one decimal place. ) quarter 1 forecast quarter 2 forecast quarter 3 forecast quarter 4 forecast
The time series plot shows a linear trend and no seasonal pattern in the data. An estimated regression equation was developed using dummy variables are Y hat = 67.25 + 0.35t - 0.25x1 + 0.25x2 - 0.1x3. Quarterly forecasts for next year were also computed are 73.50, 74.00, 74.25 and 74.30.
The type of pattern exists in the data is that the time series plot shows a linear trend and no seasonal pattern in the data.
we can use the following estimated regression equation
Y hat = 67.25 + 0.35t - 0.25x1 + 0.25x2 - 0.1x3
where t represents time in quarters (t=1 for the first quarter, t=2 for the second quarter, and so on), andx1, x2, and x3 are dummy variables used to account for seasonal effects in a time series regression analysis. In this case, x1 is equal to 1 for observations in quarter 1 and 0 for all other quarters.
Similarly, x2 is equal to 1 for observations in quarter 2 and 0 for all other quarters, and x3 is equal to 1 for observations in quarter 3 and 0 for all other quarters. By including these dummy variables in the regression model, the analysis can capture any seasonal effects in the data.
we need to compute the quarterly forecasts for next year using the estimated regression equation. We can plug in the values of t=5, 6, 7, and 8 to get the forecasts for the four quarters of next year. The forecasts are
Quarter 1 forecast = 73.50
Quarter 2 forecast = 74.00
Quarter 3 forecast = 74.25
Quarter 4 forecast = 74.30
All values are rounded to one decimal place.
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What is the meaning of time recovering
Answer:
to recover a wound
Explanation:
time to recover the sentence shows recover what can possibly recover ofcource a wound.
What kind of act would violate an agents fiduciary duty of loyalty
An act that would violate an agent's fiduciary duty of loyalty is any action that involves a conflict of interest or places the agent's personal interests above the best interests of their principal (the person they are representing). This can include actions such as:
Self-dealing: The agent takes advantage of their position to benefit themselves personally or financially, without the knowledge or consent of the principal.
Misuse of confidential information: The agent discloses or uses confidential information obtained from the principal for their own gain or to benefit others at the expense of the principal.
Competing with the principal: The agent engages in activities or business ventures that directly compete with the principal's interests, without permission or disclosure.
Accepting improper gifts or bribes: The agent accepts gifts, kickbacks, or bribes from third parties that may influence their loyalty and compromise their obligation to act in the principal's best interests.
Acting for multiple principals with conflicting interests: The agent represents multiple principals whose interests are in conflict, without obtaining the informed consent of all parties involved.
These are just a few examples of acts that would violate an agent's fiduciary duty of loyalty. It is important for agents to prioritize the interests of their principals and avoid any actions that could compromise their duty of loyalty.
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On March 31, 2021, Canseco Plumbing Fixtures purchased equipment for $36,000. Residual value at the end of an estimated four-year service life is expected to be $6,000. The amount of depreciation expense for year 2022 using double-declining balance method would be: $11,250. $10,500 $13,500 $12,650. > Moving to another question will save this response. Question 11 of 13 Close Window
On March 31, 2021, Canseco Plumbing Fixtures purchased equipment for $36,000. Residual value at the end of an estimated four-year service life is expected to be $6,000. The amount of depreciation expense for year 2022 using double-declining balance method would be $12,650.
Double-declining balance method is a method of accelerated depreciation. Under this method, the depreciation expense is highest in the first year and gradually decreases over the estimated useful life of the asset. It is calculated by taking twice the straight-line depreciation rate and multiplying it by the net book value of the asset. The straight-line depreciation rate is calculated by subtracting the residual value from the cost of the asset and then dividing it by the estimated useful life of the asset. In this case, the cost of the equipment is $36,000 and the residual value is $6,000, and the estimated useful life is four years. So the straight-line depreciation rate = (Cost - Residual value) / Useful life = (36000 - 6000) / 4 = $7,500/year
Double-declining balance rate = 2 * straight-line depreciation rate = 2 * $7,500/year = $15,000/year
Depreciation expense for 2022 = double-declining balance rate * net book value at the beginning of the year
Depreciation expense for 2022 = $15,000/year * ($36,000 - $7,500) = $12,650
Therefore, the amount of depreciation expense for year 2022 using double-declining balance method would be $12,650.
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Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): Selling expenses Purchases of raw materials Direct labor $216,000 $ 261,000 7 Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead cost $ 151,000 $ 377,000 $360,000 Inventory balances at the beginning and end of the year were as follows: Beginning $ 50,000 Ending $ 30,000 Raw materials Work in process Finished goods 7 $ 32,000 $ 33,000 The total manufacturing costs added to production for the year were $685,000; the cost of goods available for sale totaled $750,000; the unadjusted cost of goods sold totaled $662,000; and the net operating income was $37,000. The company's underapplied or overapplied overhead is closed to Cost of Goods Sold. Required: Prepare schedules of cost of goods manufactured and cost of goods sold and an income statement. (Hint: Prepare the income statement and schedule of cost of goods sold first followed by the schedule of cost of goods manufactured.) Complete this question by entering your answers in the tabs below. COGS COGM Income Statement Schedule Schedule Prepare an income statement for the year. Superior Company Income Statement Selling and administrative expenses: Check my work Complete this question by entering your answers in the tabs below. Income COGS Statement Schedule COGM Schedule Prepare a schedule of cost of goods sold. Superior Company Schedule of Cost of Goods Sold Adjusted cost of goods sold Prepare a schedule of cost of goods manufactured. Direct materials: Total raw materials available Direct materials used in production Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufactured Superior Company Schedule of Cost Goods Manufactured
Superior Company Income Statement for the year ended December 31
Sales Revenue $699,000
Cost of Goods Sold:
Beginning Inventory (Work in Process) $32,000
Add Cost of Goods Manufactured $665,000
Goods Available for Sale $697,000
Less Ending Inventory (Finished Goods) $33,000
Cost of Goods Sold $664,000
Gross Profit $35,000
Selling and Administrative Expenses $216,000
Net Operating Income $19,000
COGS Schedule:
- Beginning Work in Process Inventory: $50,000
- Add Direct Materials: $261,000
- Add Direct Labor: $151,000
- Add Manufacturing Overhead Applied: $333,000 ($470,000 − $137,000)
- Total Cost of Work in Process: $795,000
- Less Ending Work in Process Inventory: $32,000
- Cost of Goods Manufactured: $763,000
COGM Schedule:
- Beginning Raw Materials Inventory: $7,000
- Add Purchases of Raw Materials: $261,000
- Total Raw Materials Available: $268,000
- Less Ending Raw Materials Inventory: $32,000
- Direct Materials Used in Production: $236,000
- Direct Labor: $151,000
- Manufacturing Overhead: $333,000 ($470,000 − $137,000)
- Total Manufacturing Costs Added: $720,000
- Add Beginning Work in Process: $50,000
- Total Manufacturing Costs to Account For: $770,000
- Less Ending Work in Process: $32,000
- Cost of Goods Manufactured: $738,000
Income Statement:
- Sales: $699,000
- Less Cost of Goods Sold: $664,000
- Gross Profit: $35,000
- Less Selling and Administrative Expenses: $216,000
- Net Operating Income: $19,000
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Exercise 7-62 Acquisition and Amortization of Intangible Assets TLM Technologies had these transactions related to intangible assets during 2019. Jan. 2 Purchased a patent from Luna Industries for $175,000. The remaining legal life of the patent is 15 years, and TLM expects the patent to be useful for 8 years. Jan. 5 Paid legal fees in a successful legal defense of the patent of $90,000. June 29 Registered a trademark with the federal government. Registration costs were $4,000. TLM expects to use the trademark indefinitely. Sept. 2 Paid research and development costs of $478,200. Required: 1. Prepare the journal entries necessary to record the transactions. 2019 Jan. 2 _______; ____ (Purchased patent) 2019 Jan. 5 _______; ____ (Paid legal fees to defend patent) 2019 June 29 _______; ____ (Purchased trademark) 2019 Sept. 2 _______; ____ (Paid R&D costs)
The journal entries and transactions for TLM Technologies' intangible assets will be:
2019 Jan. 2: Asset - $175,000 Cr. Cash - $175,000; 2019 Jan. 5 Asset - $90,000 Cr. Cash - $90,000; 2019 June 29 Asset - $4000 Cr. Cash - $4000; 2019 Sept. 2 Expense - $478,200 Cr. Cash - $478,200
Here's a step-by-step journal entry for TLM Technologies:
2019 Jan. 2:
Dr. Patent (Asset) $175,000
Cr. Cash $175,000
(Purchased patent with a remaining legal life of 15 years and useful life of 8 years)
2019 Jan. 5:
Dr. Patent (Asset) $90,000
Cr. Cash $90,000
(Paid legal fees to successfully defend the patent)
2019 June 29:
Dr. Trademark (Asset) $4,000
Cr. Cash $4,000
(Registered a trademark with the federal government for indefinite use)
2019 Sept. 2:
Dr. Research and Development Expense $478,200
Cr. Cash $478,200
(Paid research and development costs)
These are the journal entries for the transactions related to TLM Technologies' intangible assets in 2019.
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Craigmont company's direct materials costs are $4,600,000, its direct labor costs total $8,440,000, and its factory overhead costs total $6,440,000. its prime costs total:______.
Craigmont Company's direct materials costs are $4,600,000, its direct labor costs total $8,440,000, and its factory overhead costs total $6,440,000.t the total Prime Cost before we answer the same let's understand is a prime cost is basically the aggregate of direct material and labor costs and excludes fixed costs and overhead expenses.
Accordingly, Craigmont Company Prime Cost is computed as follows:
Prime cost=Direct Material Cost + Direct Labor Cost
= $4600,000+$8440,000
=$13040000
Prime Cost=$13,040,000
A top value is the full direct fees of manufacturing, which includes uncooked substances and exertions. indirect charges, along with utilities, supervisor salaries, and shipping costs, aren't protected in prime prices. groups want to calculate the top price of every product synthetic to ensure they are producing an income.
prime prices consult with the fees at once associated with generating a product, specifically, raw cloth and labor costs. Overhead expenses are expenses circuitously associated with producing a product, which include leases and utilities.
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Which of the following sets is most important to consider when choosing a career?
(A) needs and demographics
(B) hobbies and friends
(C) diversity and interests
(D) personal values and work values
The sets that is most important to consider when choosing a career is (C) diversity and interests.
What is a career ?Career can be described as the occupation that ios been undertaken for a significant period whgich one can focus on, through ouut hios or her life with opportunities for progress.
It should be noted that when choosing ba career one should be able to seek for the things that interest you about tyhe field because ythis will help you when the journey is getting tough because to get to the peak of the career can not be seen as one that ios easy.
Therefore, option C is correct.
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These jeans are made in Mexico, assembled in the US and retail for $150, but the profit differs considerably depending on whether they're sold online or at a physical store.
OFFLINE
Cost of goods sold
$45
Cost of goods sold
$45
Store payroll 27.00
Freight to retail store 4.50
Rent 22.50
Marketing 15.00
Other retail costs 12.00
Profit
$24.00
16%
ONLINE
Cost of goods sold 45.00
Free standard
shipping & returns 10.00
Warehouse/fulfilment 5.00
Operating costs
(softwaremaintenance) 30.00
Marketing
15.00
Profit
$45.00
30%
1. Excluding the cost of goods sold, what is the largest expense for a business selling jeans
offline and online?
Answer:
Offline store: $27.00
Online Store: $30.00
Explanation:
For offline store, the other biggest expense is payroll. Payroll refers to wages and salaries paid to employees.
The store payroll is $27.00
For the online store
The other biggest is the operating cost( software maintenance) at $30.00
Donald is a business development executive in a big retail company based in Omaha. His company now wants to expand and has sent Donald as their representative. Donald is also authorized to deal and negotiate with different vendors directly and in his own capacity. What role is Donaldplaying as per the contract law?
Answer:
C. Agent
Explanation:
Agent Law- the agent deals with third parties on behalf of the company in a contract and the company defines the control an agent can exert
What alternative marketing strategies might Apple have followed?
Apple is a multinational tech company that is widely renowned for its premium quality products and innovative marketing strategies. However, despite its widespread success, there are a few alternative marketing strategies that Apple might have followed. Here are some of the alternative marketing strategies that Apple might have followed:
Offer more product customization: Another alternative marketing strategy that Apple might have followed is to offer more product customization options. By offering more customization options, customers would have more control over the product they purchased, which could have increased customer satisfaction.
Collaborate with other brands: Apple could have collaborated with other brands to cross-promote their products. For instance, it could have partnered with a popular fashion brand to create a limited-edition product line that would appeal to the fashion-conscious consumer.
In conclusion, these are some of the alternative marketing strategies that Apple might have followed. However, despite these alternative strategies, Apple has been immensely successful, and its marketing strategies have been a key factor in its success.
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_____is an agreement, either explicitly or implicit, among two or more companies operating in the same market to sell goods at a set price.
a. Resale price maintenance
b. Price-fixing
c. Price discrimination
d. Predatory pricing
Price-fixing is an agreement, either explicitly or implicitly, among two or more companies operating in the same market to sell goods at a set price. Option B is correct.
Price-fixing is an illegal practice in which two or more companies collude to set the price of goods or services they offer. This practice is considered a violation of antitrust laws because it eliminates competition and harms consumers by creating higher prices.
Price-fixing can lead to reduced competition, higher prices for consumers, and reduced incentives for innovation and investment. It is considered a serious offense and can result in significant fines, damages, and even criminal charges for those involved.
Hence, B. is the correct option.
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1. What competitive advantages do these motivated veteran accountants bring to their new employers? Cite several examples.2. List three specific outcomes received by organizational members who have moved to these smaller accounting firms from senior positions in larger organizations.
1. The motivated veteran accountants bring several competitive advantages to their new employers. Some of these advantages include Extensive experience,Strong work ethic, Leadership skills, Industry connection.
2. The organizational members who have moved to these smaller accounting firms from senior positions in larger organizations have received several specific outcomes, including Greater autonomy,Closer relationships with colleagues,diverse responsibilities.
1. Extensive experience: These accountants have worked in the field for many years and have accumulated a wealth of knowledge and expertise that they can apply to their new roles.
- Strong work ethic: As veterans, these accountants are likely to be highly motivated and dedicated to their work, which can translate into increased productivity and better results for their new employers.
- Leadership skills: Many of these accountants held senior positions in larger organizations, which means they have developed strong leadership skills that they can use to guide and mentor their new colleagues.
- Industry connections: These accountants have likely developed a wide network of contacts and connections within the accounting industry, which can be valuable to their new employers in terms of business development and networking opportunities.
2. The organizational members who have moved to these smaller accounting firms from senior positions in larger organizations have received several specific outcomes, including:
- Greater autonomy: In smaller firms, these individuals may have more freedom and flexibility to make decisions and implement their own ideas, which can be both professionally and personally rewarding.
- Closer relationships with colleagues: Smaller firms often have a more close-knit and collaborative work environment, which can lead to stronger relationships with colleagues and a greater sense of camaraderie.
- More diverse responsibilities: In smaller firms, these individuals may be required to take on a wider range of responsibilities, which can provide them with new challenges and opportunities for professional growth.
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