The working capital investment for ABC Corporation is \($200,000\).
Working capital investments can be calculated using the formula below:
Working capital investments = (Current Assets – Current Liabilities)
Example: ABC Corporation has \($500,000\) worth of current assets and \($300,000\) worth of current liabilities.
What are the working capital investments for ABC Corporation?
Working capital investments = \($500,000 – $300,000 = $200,000\)
Therefore, the working capital investment for ABC Corporation is \($200,000\).
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Under a contractionary taxation policy, the government can reduce the deficit by
A) increasing taxes.
B) reducing taxes.
C) increasing spending.
D) increasing inflation.
The Answer is A) increasing taxes.
Answer:
c
Explanation:
not sure but I tried may best tho
Answer:
A) increasing taxes.
Explanation:
Credit sales 172,000 collections on accounts receivable during the year 170,000 cash sales 818,000 unadjusted debit balance in allowance for doubtful accounts 40 sales returns and allowances for credit sales 2,000 accounts receivable, beginning 14,000.If expected bad debts are estimated to be 1 1/2% of ending accounts receivable, the adjusting entry to recognize bad debts will include a debit to bad debt expense for a) $170 b)$190 c) $250 d) $210
Answer:
$250 ( C )
Explanation:
using the given data below is the entry
The adjusting entry to recognize bad debts will include a debit to bad debt expense for
particulars amountBeginning accounts receivable 14000
+ Credit sales made during the year 172000
(-) collections from debtors (170000)
(-) expected salary return & allowances for credit sales (2000)
Ending accounts receivable 14000
Percentage of bad debt 1.5%
Total bad debts balance required ( 14000*1.5%) 210
+ Already debit balance in allowance for doubtful account 40
Total debit to be made in bad debts 250
Total debts = total bad debts balance required + already debit balance in all
= 210 + 40 = $250
16. Elvis is the owner of a furniture store in a small Southern town. He donated several hundred mattresses to the Red Cross immediately after hearing about the devastation caused in a neighboring state by a hurricane. He was motivated to do so by his desire to help others, by thoughts of the income tax deduction he could take, and by the recognition his store would receive from his act of charity. This is an example of
''if there are diminishing returns, the marginal cost curve must be positively sloped '' is true or fall, why?
Answer to the following question is TRUE.
The given statement "If average cost rises, marginal cost should rise" is correct.
This is because, according to theory, as the estimated price of an item rises, the marginal cost rises more than that rise. And, as the illustration of these two curves shows, when Average Cost grows, so does Marginal Cost.Learn more:
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this shows a lender, if you have a good track record of paying debts. A. loan B.profit planning C. SBA D. credit rating
Answer:
The big three C's – Credit, Capacity, and Collateral – are really the drivers how lenders determine who gets a loan, how much they'll loan, and what the interest charge will be.can i doit without pay
Answer:
what?
Explanation:
FAB has three partners, Ramon, Janna, and Jackie, and $20,000 in assets when it begins its winding-up process. FAB owes $20,000 to a supplier, $25,000 on a bank note, and $5,000 to Jackie for a loan she gave to the partnership. FAB does not have a partnership agreement. What financial rights and obligations does Jackie have
Assuming FAB has three partners, Ramon, Janna, and Jackie, and $20,000 in assets when it begins its winding-up process. The financial rights and obligations that Jackie have is: b. Jackie must pay a net amount of $5,000.
Net amountUsing this formula
Net amount=Bank note -Assets
Where:
Bank notes=$25,000
Assets=$20,000
Let plug in the formula
Net amount=$25,000-$20,000
Net amount=$5,000
Inconclusion the financial rights and obligations that Jackie have is: b. Jackie must pay a net amount of $5,000.
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Which metric measures the customers willingness to recommend the clients product and services to others
Answer:
Net promoter score.
Explanation:
Net promoter score can be defined as a metric that measures the customers willingness to recommend the clients product and services to others.
In Business management, one of the key metrics that is being used by producers or service providers to measure the efforts of a customer to recommend their products and services to others is the net promoter score. The net promoter score is graded on a scale of -100 to 100 to measure customer satisfaction and the willingness of the customer to recommend such products or services to their peers, families or colleagues.
This ultimately implies that, a net promoter score helps business owners to gather information on how satisfied their customers are and if they would be loyal enough to the brand by recommending their products or services to others.
his question has multiple answers. Select all that apply. When a good has positive externalities Group of answer choices social marginal cost is equal to private marginal cost plus external cost social marginal benefit is equal to private marginal benefit plus external b
When a good has positive externalities:Social marginal cost is equal to private marginal cost plus external cost
Social marginal benefit is equal to private marginal benefit plus external benefit
Positive externalities refer to the benefits that are enjoyed by third parties who are not directly involved in a transaction or activity. In the case of goods with positive externalities, the private market may underproduce these goods because the private market fails to capture the full social benefits associated with these goods. In order to address this market failure, it may be necessary for the government or other actors to intervene and provide subsidies or other incentives to encourage the production or consumption of these goods.
To ensure that the production or consumption of goods with positive externalities is socially optimal, it is important to account for both the private and social costs and benefits associated with these goods. This is where the concepts of social marginal cost and social marginal benefit come into play. Social marginal cost takes into account the private marginal cost of producing a good plus any external costs associated with producing that good. Social marginal benefit takes into account the private marginal benefit of consuming a good plus any external benefits associated with consuming that good.
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Hãy lựa chọn một công ty sử dụng dịch vụ nghiên cứu marketing của các nhà cung cấp bên ngoài 1.Lý do công ty phải thuê ngoài 2.Những tổ chức nào đã cung cấp dịch vụ marketing cho công ty? 3.CÔNG TY THUÊ MỘT HAY THUÊ TOÀN BỘ CAC HOẠT ĐỘNG NGHIÊN CỨU MARKETING
uuuuuuummmmmmmmmmmmmmmmm.....
what are the two main sources of income for the federal
Answer:
The two main sources of revenue for the federal government are personal income taxes and social insurance taxes.
Answer:
Taxes and
Explanation:
Imagine a product or service you are not happy with. Which of the following is NOT a step you should take to make a consumer complaint?
Select one:
a. be sure to identify the problem and a fair solution to solving
b. go to the store manager and threaten legal action
c. have back up material to substantiate your claim
To assign and entrust other with task is to _____
If an employer agrees to give you constructive criticism of your interview performance, you need to listen carefully and take notes. true or false?
Answer: True
Explanation:
As the employed you work for the employer which means that it is best to act in a way that the employer deems appropriate.
If the employer therefore gives you constructive criticism, it is most likely to get you to act in a way that they deem appropriate. It would be best to listen carefully and take notes for reference because chances are that such advice will benefit you greatly with other employers or with your employees should you decide to set up your own shop.
Damion wants to be a construction worker right out of high school and then work up to be a site foreman. He eventually wants to go to school and get his general contractor licence. Which statement best describes Damion’s thoughts?
These are his goals.
These are his values.
These are his abilities.
These are his achievements.
Damion wants to start out as a construction worker and work his way up to become a site foreman. He eventually plans to attend college and obtain his general contractor license. These are his objectives.
What do you mean by general contractor responsibilities?A general contractor is responsible for providing all materials, personnel, equipment (such as engineering trucks and tools), and services required for the project's construction. A general contractor frequently employs specialist subcontractors to do all or parts of the building job. When subcontractors are used, the general contractor is responsible for ensuring the quality of all work performed by all workers and subcontractors.
General contractors should priorities safety on the project site, and they are normally responsible for ensuring that work is done in a safe manner.
A general contractor's duties may include obtaining building permits, informing the person who hired them, protecting the property, supplying temporary utilities on site, and managing workers. on-site surveying and engineering, construction waste disposal or recycling, monitoring timelines and financial flows, and preserving proper documents .
The general contractor may be in charge of some aspects of the design, known as the "contractor's design component" (JCT terminology).
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what is the consumer credit act
list five of the important accounting assumptions that have had an impact on the development of generally accepted accounting principles.
Five important accounting assumptions that impact GAAP are: Going Concern, Accrual Basis, Monetary Unit, Time Period, and Historical Cost, guiding financial reporting for consistency and accuracy.
Five important accounting assumptions that have had an impact on the development of generally accepted accounting principles (GAAP) are:
1. Going Concern Assumption: This assumption assumes that the entity will continue its operations in the foreseeable future. It allows accountants to prepare financial statements under the assumption that the company will not liquidate or go bankrupt.
2. Accrual Basis Assumption: The accrual basis assumption requires that transactions and events are recorded in the financial statements when they occur, regardless of when the cash is received or paid. It helps provide a more accurate representation of a company's financial performance and position.
3. Monetary Unit Assumption: The monetary unit assumption assumes that the financial transactions and events recorded in the financial statements are expressed in a stable currency, such as the U.S. dollar. It allows for the measurement and comparison of financial information over time and between different entities.
4. Time Period Assumption: The time period assumption assumes that the economic activity of an entity can be divided into specific time periods for financial reporting purposes. It allows for the preparation of financial statements on a regular basis, such as monthly, quarterly, or annually.
5. Historical Cost Assumption: The historical cost assumption requires that assets and liabilities are recorded at their original acquisition or production cost. This assumption provides reliability and verifiability to the financial statements, but it may not always reflect the current market value of assets and liabilities.
These accounting assumptions form the foundation of GAAP and help guide the recognition, measurement, and disclosure of financial information to ensure consistency, comparability, and relevance in financial reporting.
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1. What are some things a career counselor can do to increase the likelihood of positive outcomes for their clients?
2. Discuss three types of support offered to clients seeking career counseling.
3. Amundson and his colleagues suggest the acronym PLEASE as an aid for expressing mattering to client. Please explain each aspect of this acronym.
4. Differentiate between the types of questions one would approach with subjective assessment versus objective assessment strategies.
5. Describe the four phases of career counseling as articulated by Gysbers et al (2014).
1. To increase the likelihood of positive outcomes for their clients, career counselors can take a few measures. First, they can conduct a comprehensive assessment of their clients' interests, skills, values, and personality traits. This can help them to provide their clients with accurate and useful information about various career options. Additionally, career counselors can help their clients to identify their strengths and weaknesses, set realistic goals, and develop a plan of action to achieve their career objectives. They can also provide their clients with information about educational and training opportunities, job search strategies, and networking techniques. Finally, career counselors can offer emotional support and encouragement to their clients as they navigate the often-challenging process of career development.
2. The three types of support offered to clients seeking career counseling are emotional, informational, and instrumental. Emotional support refers to providing clients with a safe and supportive space to explore their thoughts and feelings related to their career goals. Informational support involves providing clients with accurate and useful information about various career options, educational and training opportunities, job search strategies, and networking techniques.
3. The acronym PLEASE, as suggested by Amundson and his colleagues, is an aid for expressing mattering to clients. It stands for:
P - Provide Personal Attention
L - Listen Actively
E - Empathize
A - Assess for Client Strengths
S - Support Goals
E - Encourage Decision Making
4. Subjective assessment strategies are designed to gather information about clients' thoughts, feelings, and perceptions related to their career development. Examples of subjective assessment strategies include interviews, self-reports, and case studies. Objective assessment strategies, on the other hand, are designed to gather information about clients' abilities, interests, and values using standardized tests and measures. Examples of objective assessment strategies include aptitude tests, interest inventories, and values clarification exercises.
5. The four phases of career counseling as articulated by Gysbers et al (2014) are assessment, goal setting, implementation, and evaluation.
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Which of the following statements are true (select all that apply)
W
QuickBooks helps you track and organize your finances for you, so you don't
have to worry about entering information manually.
QuickBooks makes tasks like bookkeeping, invoicing, time tracking, automatic
QuickBooks can not be used to track expenses
QuickBooks is only beneficial to Accountants
The true statement about Quickbooks is (A) QuickBooks automates time tracking, billing, and bookkeeping, and (B) due to the fact that QuickBooks assists you in keeping track of and organizing your finances, you don't have to bother about manually entering data.
What is QuickBooks?Intuit created and sells the accounting software suite known as QuickBooks. QuickBooks products were first released in 1983 and are primarily targeted at small and medium-sized enterprises.
They provide cloud-based accounting programs that take payments from companies, manage and pay invoices, and handle payroll in addition to on-premises accounting tools.
Bookkeeping, invoicing, and time tracking are all automated via QuickBooks.
You don't have to worry about manually entering information because QuickBooks helps you track and arrange your finances.
You can also use Excel to make sophisticated computations because its formulas are far more robust than those in QuickBooks.
Due to QuickBooks' inability to carry out sophisticated operations like statistical analysis and pivot tables, it is challenging or impossible.
Therefore, the true statement about Quickbooks is (A) QuickBooks automates time tracking, billing, and bookkeeping, and (B) due to the fact that QuickBooks assists you in keeping track of and organizing your finances, you don't have to bother about manually entering data.
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Correct question:
Which of the following statements are true (select all that apply)
A. QuickBooks helps you track and organize your finances for you, so you don't have to worry about entering information manually.
B. QuickBooks makes tasks like bookkeeping, invoicing, time tracking, automatic
C. QuickBooks can not be used to track expenses
D. QuickBooks is only beneficial to Accountants
You are to write a report on this topic ''How Communication Can
Affect the Flow of Work in an Organization". You are also required
to list key points in this report. Your research can be done with
the
In any organization, communication is the backbone of all operations. It is responsible for making sure that tasks are completed in a timely manner, conflicts are resolved, and all parties are well informed about the progress of the organization.
Effective communication in the workplace is essential to promote the smooth flow of work in an organization. There are several key points that we need to consider when discussing communication in an organization.The first key point is that communication can either promote or impede productivity. Effective communication between employees and management can lead to better understanding of expectations, better job performance, and overall job satisfaction. Poor communication, on the other hand, which can ultimately lead to lower productivity.
The second key point is that communication is a two-way process. Communication can only be effective when both parties involved are actively listening and speaking. This means that both the sender and receiver of a message need to be fully engaged in the communication process. Active listening, feedback, and follow-up are critical components of effective communication.The third key point is that communication needs to be clear and concise. Clarity of message ensures that all parties involved understand the objectives and expectations.
The fourth key point is that communication should be timely. In an organization, timing is critical, and effective communication can ensure that all stakeholders are informed at the right time. This ensures that everyone has adequate time to complete their tasks and that the flow of work is uninterrupted.In conclusion, communication is the foundation for the smooth flow of work in an organization. Effective communication between employees and management promotes better job performance, job satisfaction, and productivity.
Active listening, clarity of message, and timely communication are critical components of effective communication. To promote effective communication in an organization, it is necessary to ensure that all parties involved are engaged in the communication process.
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bright times company manufactures table lamps. it purchases 60,000 light bulbs from an outside supplier for $0.60 per unit. neon company, a sister company, makes the same light bulb. currently, neon has excess production of 70,000 units. each light bulb is sold for $0.60 per unit and has a variable cost of $0.24. using the negotiated approach, what is the increase in income for neon company if the negotiated price between bright times and neon is $0.45?
The increase in income for Neon Company, if they sell the light bulbs at the negotiated price of $0.45 per unit to Bright Times, is $12,600. Bright Times Company purchases 60,000 light bulbs from an outside supplier for $0.60 per unit.
However, Neon Company, a sister company, also manufactures the same light bulb and has excess production of 70,000 units. If the negotiated price between Bright Times and Neon is $0.45 per unit, then the increase in income for Neon Company can be calculated as follows:
Total revenue from 70,000 units at $0.60 per unit = $42,000
Total variable cost for 70,000 units at $0.24 per unit = $16,800
Total profit from 70,000 units = $25,200
If the negotiated price between Bright Times and Neon is reduced to $0.45 per unit, then the new calculation would be as follows:
Total revenue from 70,000 units at $0.45 per unit = $31,500
Total variable cost for 70,000 units at $0.24 per unit = $16,800
Total profit from 70,000 units = $14,700
Therefore, the increase in income for Neon Company would be $25,200 - $14,700 = $10,500. This is the difference between the profit earned at the original price and the profit earned at the negotiated price.
Bright Times Company manufactures table lamps and needs to purchase 60,000 light bulbs. They currently buy them from an outside supplier for $0.60 per unit. Neon Company, a sister company, produces the same light bulbs with a variable cost of $0.24 per unit and has an excess production of 70,000 units.
Using the negotiated approach, Bright Times and Neon agree on a price of $0.45 per unit. To find the increase in income for Neon Company, follow these steps:
1. Calculate the variable cost for the 60,000 light bulbs: 60,000 units * $0.24 per unit = $14,400
2. Calculate the total revenue from selling the 60,000 light bulbs at the negotiated price: 60,000 units * $0.45 per unit = $27,000
3. Subtract the variable cost from the total revenue: $27,000 - $14,400 = $12,600
Therefore, the increase in income for Neon Company, if they sell the light bulbs at the negotiated price of $0.45 per unit to Bright Times, is $12,600.
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Preferred shares dividends are:
a. paid with after-tax dollars of the corporation
b. are usually paid semi annually
c. increase with company earnings
d. are paid before dividends to common shares
Preferred shares dividends are paid before dividends to common shares. So, the correct answer is option d.
Preferred stock is a type of security that resembles bonds in that it pays a fixed, regular dividend and ranks ahead of common stockholders in the event of liquidation (i.e., it has priority over common stock).
Preferred shareholders, like common shareholders, have an ownership interest in the firm, but they do not have voting rights.
Dividends are payments made by a corporation to its shareholders, usually in cash but sometimes in additional shares of stock. Dividends are usually declared quarterly by a company's board of directors. In the case of preferred shares, dividends are paid before dividends to common shareholders.
Therefore, option d. are paid before dividends to common shares is the correct answer.
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Name the choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing.
The choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing includes the time, energy, and space
What is the meaning of Choreography?In art, a choreography means the way in which an idea is expressed physically through dance. When developing this concept, the users usually relies on important principles of organization to ensure that the idea takes a clear, appropriate, and aesthetically pleasing form.
These are principles that comprises the basic ingredients for the dancers' movements and patterns and help the choreographer utilize space, express intention and the music, and organize the dancers.
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Which is NOT a reason to restructure a combined Hershey-Cadbury organization in order to ensure the new company is an efficient and profitable competitor?a. The two organizations probably have different policies and procedures that need to be redesigned into a single consistent set.b. The different geographic footprints of the two organizations and differing corporate cultures and histories could be problematic without restructuring.c. Consistency between organizational structure and competitive strategy in combined organization is not a critical element to their success.d. Integration between the firm’s strategy and the environment in which the firm is operating is important to its success.Case Study Below:Organizational design is a process that deals with how an international business should be organized in order to ensure that its worldwide business activities are integrated in an efficient and effective manner.Organizations exist for the purpose of enabling a group of people to effectively coordinate their collective activities and accomplish objectives. This exercise examines why the design of organizational structure is important, what organizational dimensions must be considered when selecting organizational structures, and current trends in the design of organizations. To illustrate these issues, this exercise examines a potential merger between two international companies, Hershey Co., of the U.S. and Cadbury plc of the United Kingdom.Read the case below and answer the questions that follow.In August of 2009, Kraft Foods Inc. announced an offer to acquire the British confectionery company, Cadbury plc. If Cadbury shareholders accepted Kraft's offer, the combined company would leapfrog Mars Inc., to become the world's largest candy maker.Upon hearing of Kraft's acquisition proposal, senior management from U.S.-based Hershey Co., pondered how to respond. Hershey had a smaller overall share of the world confectionery market than its major competitors. Hershey's market share within international markets was miniscule with 86 percent of Hershey's revenues coming from its home market in the U.S. In contrast, Cadbury's operations were highly internationalized, including a strong presence in rapidly growing emerging markets.Many observers believed that Hershey's international competitive disadvantage could be reduced if it could acquire Cadbury. However, any attempt to outbid deep-pocketed Kraft would be expensive and risky for the much smaller Hershey. As a result, Hershey would have to quickly restructure a newly merged Hershey-Cadbury company, in order to generate improved revenues and profits.
Consistency between organizational structure and competitive strategy in combined organization is not a critical element to their success is NOT a reason to restructure a combined Hershey-Cadbury organization. The correct answer is c.
Restructuring a combined Hershey-Cadbury organization is important to ensure that the new company is an efficient and profitable competitor.
However, consistency between organizational structure and competitive strategy in the combined organization is not a critical element to their success.
This is because the two organizations may have different strategies and structures that work well for them individually, but may not necessarily work well when combined.
Therefore, it is important to redesign the policies and procedures, address the different geographic footprints and corporate cultures, and integrate the firm's strategy with the environment in which it operates.
However, consistency between organizational structure and competitive strategy is not a critical element to their success, as there may be other factors that contribute to their success, such as strong leadership, effective marketing, and efficient operations.
The correct answer is c.
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4) Ann is taking a 1-year loan with payments at the end of each month. The first 8 payments are $1000 and the final 4 payments are $600. The nominal annual interest rate compounded monthly is 6%. Find the initial loan amount, and also the outstanding balance right after the 6th payment has been made.
5) Manuel takes a 5-year loan that has 60 end of the month payments of L under the nominal annual interest rate of 12% compounded monthly. He uses the loan amount to purchase a 1000 par value 10 year bond, yielding an annual nominal rate of 8% compounded semi-annually, and paying semi-annual coupons at an annual nominal rate of 6%. Find L.
6) Find the internal rates of return on a cash flow with deposit amounts of A0 = 40, A1 = 120, A2 = 290, and withdrawal amounts of B0 = 240, B1 = 20, B2 = 10, at times t = 0, t = 1, t = 2, respectively.
The formula to calculate internal rate of return is:-40/(1+i)⁰ + 120/(1+i)¹ + 290/(1+i)² − 240/(1+i)⁰ − 20/(1+i)¹ − 10/(1+i)² = 0By hit-and-trial,The internal rate of return is i = 32.95% (rounded to two decimal places).
4) Ann is taking a 1-year loan with payments at the end of each month. The first 8 payments are $1000 and the final 4 payments are $600. The nominal annual interest rate compounded monthly is 6%. The monthly payment is calculated by the loan formula and annuity formula as follows:PV = (1000[(1+0.005)¹⁰⁸ − (1+0.005)⁶])/(0.005(1+0.005)⁶) + 600[(1+0.005)⁶ − 1]/0.005PV = $8391.11Since PV + $1000 = $9391.11 is the amount borrowed, the initial loan amount is $9391.11.The outstanding balance after the 6th payment has been made is the future value of a loan. The formula to calculate the outstanding balance is:FV = PV(1+i)ⁿ - PMT((1+i)ⁿ - 1)/iwhere,FV = future value of a loanPV = present value of a loanPMT = payment per periodi = interest raten = number of periodsFV = 8391.11(1+0.005)⁶ - 1000[((1+0.005)⁶ − 1)/0.005]FV = $6828.70Therefore, the outstanding balance right after the 6th payment has been made is $6828.70.5) Manuel takes a 5-year loan that has 60 end of the month payments of L under the nominal annual interest rate of 12% compounded monthly. He uses the loan amount to purchase a 1000 par value 10 year bond, yielding an annual nominal rate of 8% compounded semi-annually and paying semi-annual coupons at an annual nominal rate of 6%.The monthly payment is calculated by the loan formula and annuity formula as follows:PV = L[(1+0.01)⁶⁰ − 1]/0.01PV = L[1146.74]PV = $1146.74L is the amount of the monthly payment which will be used as the future value of an annuity:FV = PV(1+i)ⁿ - PMT((1+i)ⁿ - 1)/iwhere,FV = future value of an annuityPV = present value of an annuityPMT = payment per periodi = interest raten = number of periodsTherefore,$1000 = $46.50(1+0.04)¹²⁰ + $1000/(1+0.04)¹²⁰FV = 1099.34L[ (1+0.01)⁶⁰ − 1 ]/0.01 = $1099.34L[1146.74]/0.01 = $1099.34L = $956.37Therefore, L = $956.37.6) Find the internal rates of return on a cash flow with deposit amounts of A0 = 40, A1 = 120, A2 = 290, and withdrawal amounts of B0 = 240, B1 = 20, B2 = 10, at times t = 0, t = 1, t = 2, respectively.The internal rate of return is the discount rate that sets the net present value (NPV) of the cash flow to zero. The formula to calculate internal rate of return is:-ΣAn/(1+i)ⁿ + ΣBn/(1+i)ⁿ = 0where,An = deposit amount in the nth periodBn = withdrawal amount in the nth periodi = internal rate of returnThe cash flow is given by:A0 = $40A1 = $120A2 = $290B0 = −$240B1 = −$20B2 = −$10The formula to calculate internal rate of return is:-40/(1+i)⁰ + 120/(1+i)¹ + 290/(1+i)² − 240/(1+i)⁰ − 20/(1+i)¹ − 10/(1+i)² = 0By hit-and-trial,The internal rate of return is i = 32.95% (rounded to two decimal places).
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In terms of SUPPLY, what factors have contributed to the fall in oil prices?
Problem 3. 1a (algo) using t accounts to record transactions involving assets, liabilities, and owner's equity. Lo 3-1 the following transactions occurred at several different businesses and are not related. Post the following transactions into the appropriate t accounts. Transactions: hunter thompson, an owner, made an additional investment of $23,000 in cash. A firm purchased equipment for $8,600 in cash. A firm sold some surplus office furniture for $1,900 in cash. A firm purchased a computer for $2,300, to be paid in 60 days. A firm purchased office equipment for $9,800 on credit. The amount is due in 60 days. Nancy fowler, owner of fowler travel agency, withdrew $4,600 of her original cash investment. A firm bought a delivery truck for $39,000 on credit; payment is due in 90 days. A firm issued a check for $2,100 to a supplier in partial payment of an open account balance
To record these transactions using T accounts, we need to identify which accounts are affected by each transaction and then record the transaction in the appropriate T account.
T accounts are used to represent the different accounts in a business, such as assets, liabilities, and owner's equity. Each T account has a debit side (left side) and a credit side (right side).
Here is how we would record the transactions mentioned in the question:
Transaction 1: Hunter Thompson made an additional investment of $23,000 in cash.
Cash (Asset) T Account:
Debit: $23,000
Credit: $0
Owner's Equity T Account:
Debit: $0
Credit: $23,000
Transaction 2: A firm purchased equipment for $8,600 in cash.
Cash (Asset) T Account:
Debit: $0
Credit: $8,600
Equipment (Asset) T Account:
Debit: $8,600
Credit: $0
Transaction 3: A firm sold some surplus office furniture for $1,900 in cash.
Cash (Asset) T Account:
Debit: $1,900
Credit: $0
Office Furniture (Asset) T Account:
Debit: $0
Credit: $1,900
Transaction 4: A firm purchased a computer for $2,300, to be paid in 60 days.
Computer (Asset) T Account:
Debit: $2,300
Credit: $0
Accounts Payable (Liability) T Account:
Debit: $0
Credit: $2,300
Transaction 5: A firm purchased office equipment for $9,800 on credit. The amount is due in 60 days.
Office Equipment (Asset) T Account:
Debit: $9,800
Credit: $0
Accounts Payable (Liability) T Account:
Debit: $0
Credit: $9,800
Transaction 6: Nancy Fowler withdrew $4,600 of her original cash investment.
Cash (Asset) T Account:
Debit: $0
Credit: $4,600
Owner's Equity T Account:
Debit: $4,600
Credit: $0
Transaction 7: A firm bought a delivery truck for $39,000 on credit; payment is due in 90 days.
Delivery Truck (Asset) T Account:
Debit: $39,000
Credit: $0
Accounts Payable (Liability) T Account:
Debit: $0
Credit: $39,000
Transaction 8: A firm issued a check for $2,100 to a supplier in partial payment of an open account balance.
Cash (Asset) T Account:
Debit: $0
Credit: $2,100
Accounts Payable (Liability) T Account:
Debit: $2,100
Credit: $0
By recording these transactions in the appropriate T accounts, we can see the changes in the different accounts and how they affect the overall financial position of the business.
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litigation under aca was sufficiently addressed. true or false?
The statement is false: litigation under the Affordable Care Act (ACA) has not been sufficiently addressed.
What is the Affordable Care Act?Also commonly known as Obamacare, it is a law enacted in 2010 that requires adults without health insurance to purchase one.
There have been numerous lawsuits challenging various aspects of the ACA, including challenges to the individual mandate, the employer mandate, and the contraceptive coverage requirement.
While some of these lawsuits have been resolved, others are still ongoing. Additionally, new legal challenges to the ACA continue to arise.
As a result, it is not accurate to say that litigation under the ACA has been sufficiently addressed.
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Write an article to the commerce magazine of your school on "The importance of studying business environment."
please help me with this asap
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Explanation:
Importance of the Study of Business Environment:
A study of business environment is highly significant for business management for the following reasons:
(i) To Ensure Smooth Functioning of Business Cycle:
Smooth functioning of business cycle depends on availability of inputs and disposal of output.
Business enterprises obtain inputs like raw-materials, machines, technology, manpower etc. from the society (which is part of business environment); and dispose of output i.e. finished goods to society.
Hence, business managements must study business environmental factors so as to be aware of changes in input supplies, changes in social factors like consumer behaviour, state of competition in industry etc. to ensure smooth functioning of their business cycles.
A study of business environment is essential to take full advantage of opportunities for gain hidden in the business environment.
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De facto corporations must have made a good faith effort to comply with the incorporation statute and the ___________ must have already conducted business
De facto corporations must have made a good faith effort to comply with the incorporation statute and the corporation must have already conducted business.
A corporation is a form of business entity that is legally recognized as a separate legal entity from its owners or shareholders. It is formed and governed by a set of rules and regulations that are specified in the incorporation statute.A corporation must be formed by filing articles of incorporation with the state in which it is to be incorporated. The articles of incorporation must include certain information, such as the name and address of the corporation, the purpose of the corporation, and the number and type of shares that will be issued.
To be considered a de facto corporation, the corporation must have made a good faith effort to comply with the incorporation statute, and the corporation must have already conducted business.However, the requirements for a corporation to be considered a de facto corporation may vary depending on the state in which it is located. In general, however, a de facto corporation must have made a good faith effort to comply with the incorporation statute, and the corporation must have already conducted business.
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