1. Journal Entry for 2021 Income TaxesTo record Ameen’s 2021 income taxes, the following journal entry should be prepared: Income tax expense [($45 million pretax accounting income x 25% tax rate)] $11,250,000Deferred tax liability [$15 million difference between tax basis ($45 million) and book value ($60 million) x 25%] $3,750,000Cash (income tax payment) $7,500,000
Explanation: The income tax expense represents the income taxes owed to the government for the year, which is calculated based on the pretax accounting income and the applicable tax rate. The deferred tax liability represents the amount of income taxes that will be paid in the future due to temporary differences between book and tax basis.The cash account is debited to record the actual income tax payment made to the government, which is the difference between the income tax expense and the deferred tax liability.2. Ameen's Net Income for 2021Ameen's net income for 2021 can be calculated by subtracting the income tax expense from the pretax accounting income:Pretax accounting income $45,000,000Income tax expense ($11,250,000)Net income $33,750,000Therefore, Ameen's net income for 2021 is $33,750,000.
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Advertising on a website is considered mainly what type of advertising media.
Answer:
Social media advertising
Explanation:
Types of advertising:
Paid search advertising.
Social media advertising.
Native advertising.
Display advertising.
Print advertising.
Broadcast advertising.
Outdoor advertising.
which answer is true?
A.Bankruptcy ruins you credit for years
Alex wants to start an ira that will have $1,250,675 in it when he retires in 30 years. how much should he invest semiannually in his ira to do this if the interest is 4.5% compounded semiannually? assume an annuity due. round to the nearest cent. a. $9,698.12 c. $9,828.44 b. $9,728.66 d. $9,931.10
Assume an annuity due. round to the nearest cent is $9,828.44. the answer is option C.
What is an interest?In the fields of finance and economics, interest is the payment made at a set rate by a borrower or deposit-taking financial institution to a lender or depositor in excess of the principal amount. It's distinct from any fees the borrower would pay to the lender or another party. The price of borrowing money or the payment you make for lending it is interest. The most common way to display interest is as a percentage of the loan amount over the course of a year. This proportion serves as a proxy for the loan's interest rate.In order for the semi-annual payment to be equal to the required sum when he retires, the future value of the annuity payable must be calculated. The formula to determine the future value of an annuity that will be due monthly payments of M for the time period T for a certain periodic return r.in this question there are 30*2= 60 payments and the semi annual rate= 4.5/2= 2.25%
putting values we get
on solving we get M= $9828.44
Alex needs to invest $9828.44 semiannually in his IRA
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What is the economic importance of fish farming in Nepal?
How does inflation affect standard of living?
Inflation might force you to cut out luxuries and “tighten your belt” to keep up with the rising cost-of-living.
Pqs reported equipment tk. 50,000 and tk. 35,000 respectively as on december 31, 2020, and december 31, 2019. the corresponding accumulated depreciation was tk. 12,000 and tk. 8,000. during 2020, pqs sold a piece of equipment for tk. 5,000 (associated accumulated depreciation was tk. 3,000) resulting in a loss of tk. 2,000. determine the following amounts for 2020. (a) depreciation expense. (b) equipment purchase.
The following amounts (Depreciation Expense and Equipment Purchase) for 2020 reported by Pqs are:
a) Depreciation Expense for the year is tk. 7,000.
b) Equipment Purchase for the year is tk. 25,000.
How is the depreciation Expense determined?The depreciation expense is the difference between the current year's accumulated depreciation and last year's accumulated depreciation.
The above holds when there is no disposal. However, with disposal, the value of the accumulated depreciation for the sold item should be factored into the computation.
Data and Calculations:December 31, 2020 December 31, 2019
Equipment tk. 50,000 tk. 35,000
Accumulated Depreciation tk. 12,000 tk. 8,000
Sale of equipment during 2020 = tk. 5,000
Accumulated Depreciation of sold equipment = tk. 3,000
Loss from the sale of the equipment = tk. 2,000
Cost of equipment = tk. 10,000 (5,000 + 3,000 + 2,000)
Increase in Accumulated Depreciation (Depreciation Expense) = tk. 7,000 (12,000 - 8,000 + 3,000)
Equipment purchase = tk. 25,000 (50,000 - 35,000 + 10,000)
Thus, the Depreciation Expense for the year is tk. 7,000 while the Equipment Purchase for the year is tk. 25,000.
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Arkansas permit test?
Answer:
Arkansas Fines and Limits Permit Practice Test
To take your knowledge exam, you'll need to pay a $5 testing fee, as well as a $40 license fee if you pass.
25 questions. The Arkansas knowledge test, which you must pass to get your learner's permit, has 25 questions. You must correctly answer 20 of them. If you fail the knowledge test, you can re-test in five days.
under the newsvendor model, as the order quantity increases, the expected underage cost goes up whereas the expected overage cost goes down. group of answer choices true false
The statement is true. Under the newsvendor model, the expected underage cost represents the cost of not meeting demand, while the expected overage cost represents the cost of meeting demand but having excess inventory.
As the order quantity increases, the expected underage cost goes up because there is a higher likelihood of not meeting demand and incurring a shortage cost. On the other hand, the expected average cost goes down because there is a lower likelihood of having excess inventory and incurring an overstock cost. Therefore, it is important to find the optimal order quantity that balances the trade-off between these two costs and maximizes expected profit.
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When a worker at a toilet paper mill uses the machines to turn pulpwood into rolls of paper, the worker is taking part in a:.
By engaging in the aforementioned activities, the worker is engaged in the Transformation process.
What is the transformation process?Refers to activities that go into converting raw materials into finished goods for customers. It does this by taking those raw material inputs and adding value to them.By taking the raw materials of pulpwood and then transforming them into the finished goods of toilet rolls, this is known as the transformation process.
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What is one disadvantage of using cash?
O A. Cash is inconvenient for large purchases.
O B. Cash purchases have higher interest rates.
C. Cash purchases are tracked by banks.
D. Cash is not accepted in most places.
Answer:
A. Cash is inconvenient for a large purchase.
Explanation:
It's harder to count
Jordan is planning to open up up a sandwich shop. An estimate of his costs/revenues are as follows: average sales price per sandwich: $12.75; yearly rent: $12,000; monthly fixed utility bill: $800; average cost of ingredients per sandwich: $3.55; monthly labour bill(fixed0; 410,500; miscellaneous fixed supplies/month: $1,000; misc. variable supplies; $0.37 per sandwich.
How many additional sandwiches does she need to sell per month to breakeven on an advertising campaign costing $1,800 per month?
a. 204 units
b.210 units
c. 198 units
d. 212 units
The correct answer is 204 units.(A)The break even point is the point at which a business's revenues and costs are equal, and there is no net loss or profit.
The question asks how many extra sandwiches Jordan would have to sell to break even on an $1,800 monthly advertising campaign. Since the monthly fixed utility bill is $800 and miscellaneous fixed supplies per month is $1,000, the total fixed costs can be calculated as:$12,000 + $800 x 12 + $1,000 x 12 = $25,600 To find the contribution margin per sandwich, you need to subtract the cost of ingredients and variable supplies from the average sales price of a sandwich:$12.75 - $3.55 - $0.37 = $8.83
The contribution margin is $8.83 per sandwich.Since Jordan needs to sell enough sandwiches to pay for the advertising campaign, the number of additional sandwiches she needs to sell per month can be calculated as:$1,800 ÷ $8.83 = 203.8 sandwiches per month ≈ 204 sandwiches per month Therefore, the answer is 204 units.
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Discrimination
occurs when employment decisions about an individual are based on reasons not associated with job related performance
Discrimination in employment occurs when individuals are treated unfairly or subjected to adverse employment decisions based on factors that are unrelated to their job-related performance or qualifications.
Such factors can include a person's race, color, gender, national origin, religion, disability, age, or any other characteristic protected by law.
Employment decisions that are discriminatory can take various forms, including:
1. Hiring: When an employer refuses to hire an individual based on discriminatory reasons, such as their race, gender, or age, rather than evaluating their qualifications and ability to perform the job.
2. Promotion: If an employer denies an employee a promotion or advancement opportunity based on discriminatory factors, such as their gender or religion, rather than considering their performance, skills, and experience.
3. Termination: When an employee is fired or laid off due to discriminatory reasons, such as their disability or pregnancy, rather than for legitimate job-related reasons.
4. Compensation: If an employer pays employees differently based on discriminatory factors like their race or gender, providing unequal compensation for similar work and qualifications.
5. Harassment: Persistent mistreatment or harassment based on an individual's protected characteristics, creating a hostile work environment that interferes with their ability to perform their job effectively.
It's important to note that discrimination can be explicit or implicit, intentional or unintentional. Discriminatory practices are not only unethical, but they are also illegal in many jurisdictions. Anti-discrimination laws, such as the Civil Rights Act in the United States, are in place to protect individuals from employment discrimination and ensure equal opportunities for all qualified individuals in the workplace
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1-A sunk cost is defined as the most valuable alternative that is given up if a particular investment is undertaken.
Group starts True or False
2- Depreciation (CCA) tax shield is defined as the tax saving that results from the CCA deduction, calculated as depreciation multiplied by the corporate tax rate.
Group starts True or False
3- In Canada, depreciation for tax purposes is called ___________.
Multiple Choice
Depreciation for tax purposes.
Modified accelerated cost recovery.
Capital cost allowance.
Decelerated appreciation.
Accelerated depreciation.
4- Opportunity cost is defined as a cost that has already been incurred and cannot be removed and therefore should not be considered in an investment decision.
Group starts True or False
1- False. A sunk cost is not defined as the most valuable alternative that is given up if a particular investment is undertaken.
2- True. The Depreciation (CCA) tax shield is indeed defined as the tax saving resulting from the CCA deduction, calculated as depreciation multiplied by the corporate tax rate.
3- Capital cost allowance. In Canada, depreciation for tax purposes is referred to as capital cost allowance.
4- False. Opportunity cost is not a cost that has already been incurred and cannot be removed. It refers to the value of the next best alternative that is forgone when making a decision.
1- A sunk cost is a cost that has already been incurred and cannot be recovered. It is independent of future decisions and should not be considered in investment decisions.
2- The Depreciation (CCA) tax shield refers to the tax benefit received due to the deduction of depreciation expenses. It is calculated by multiplying the depreciation amount by the corporate tax rate.
3- In Canada, the term used for depreciation for tax purposes is "Capital Cost Allowance" (CCA). It represents the deduction allowed for the wear and tear, obsolescence, or depreciation of capital assets.
4- Opportunity cost refers to the value of the next best alternative that is forgone when choosing one option over another. It is a crucial factor in decision-making and should be considered when evaluating the potential benefits and drawbacks of different choices.
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Outsourcing some production is a means of supporting a constraint. Group of answer choices TRUE FALSE
It is a false statement that outsourcing some process in production is a means of supporting a constraint.
What is an outsourcing?An outsourcing refers to act of hiring external body to perform services that are normally performed in-house of the company by the employees.
Rather, the use of outsourcing some of production is intended to overcome some organization constraints.
Therefore, the statement is false.
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b) José Luis trabajo 7 meses del año. ¿Qué porcentaje del año trabajo?
c) Lucero presentó un examen en el que 35 preguntas fueron correctas y 5 incorrectas. ¿Qué porcentaje de las preguntas contesto correctamente y qué porcentaje fue incorrecto?
d) El costo de una camisa es $400 y tiene un descuento del 20%. ¿Cuál es el precio de la camisa con el descuento?
Answer:
B) 58.3%.
C) 87.5% y 12.5%.
D) $320.
Explanation:
B) Dado que José Luis trabajó 7 meses del año, para determinar qué porcentaje del año trabajó se debe realizar el siguiente cálculo:
12 = 100
7 = X
7 x 100 / 12 = X
700 / 12 = X
58.3 = X
Por lo tanto, José Luis trabajó 58.3% del año.
C) Dado que Lucero presentó un examen en el que 35 preguntas fueron correctas y 5 incorrectas, para qué porcentaje de las preguntas contesto correctamente y qué porcentaje fue incorrecto se debe realizar el siguiente cálculo:
40 = 100
35 = X
35 x 100 / 40 = X
3500 / 40 = X
87.50 = X
Por lo tanto, Lucero contesto un 87.5% de preguntas correctamente, y un 12.5% incorrectamente.
D) Dado que el costo de una camisa es $400 y tiene un descuento del 20%, para determinar cuál es el precio de la camisa con el descuento se debe realizar el siguiente cálculo:
1 - 0.2 = 0.8
400 x 0.8 = 320
Por lo tanto, el costo de la camisa fue $320.
Copy the sample kitchen budget worksheet to the current workbook
The total section will automatically calculate the sum of the planned budget and actual expenses.I can provide you with a general template for a kitchen budget worksheet that you can create in your current workbook.
Here's a sample format:
Kitchen Budget Worksheet:
Category Planned Budget Actual Expenses
Groceries [Enter amount] [Enter amount]
Dining Out [Enter amount] [Enter amount]
Kitchen Supplies [Enter amount] [Enter amount]
Appliances [Enter amount] [Enter amount]
Utilities [Enter amount] [Enter amount]
Repairs and Maintenance [Enter amount] [Enter amount]
Miscellaneous [Enter amount] [Enter amount]
Total [Sum of planned budget] [Sum of actual expenses]
In this worksheet, you can enter the planned budgeted amounts for each category and update the actual expenses as you make purchases or incur costs.
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Merchandise with a sales price of $11,800 is sold on account with terms 2/10, n/30. the journal entry to record the sale would include a?
The journal entry to record the sale would include a Credit to Sales for $11,800.
What is journal?
A journal entry is the act of recording any transaction, whether one that is economic or not. An accounting diary that displays the debit and credit balances of a corporation lists transactions. Multiple recordings, each of which is either a debit or a credit, may be included in the journal entry.
A purchase of machinery by a nation, where the cash account will be credited and the machinery account debited, is an example of a journal entry. Simply put, debits (dr) record all of the funds entering an account, whereas credits (cr) record all of the funds leaving an account.
Hence, The journal entry to record the sale would include a Credit to Sales for $11,800.
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3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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Select the correct answer
Why is constant communication with the sales team important?
А. The sales professionals know their duties and responsibilities, and they don't need any extra updates.
B. Organization rules keep changing, so the sales team should stay informed about them.
C. Sales professionals always look for opportunities to misuse the freedom they have.
D The sales team is the voice of an organization, so there should be no scope for misinformation.
Answer: I think it’s D The sales team is the voice of an organization, so there should be no scope for misinformation.
Explanation: They should be in constant communication so misinformation can be stopped.
Answer:
I agree with the first person's answer, D.
Explanation:
I have the same question on PLATO and it's the only one that is positive regarding communication importance. All of the other ones are making the company and/or employees seem unprofessional or irresponsible.
what are expenses from those:
1. premises
2. Machinery
3. Rent received
4. Advertising
5. Motor Vehicle
6: Motor expense
define sale trading
Answer:
A trade sale is the sale of a company, or part of a company, to another business that will carry on the company's trade
Identify the correct pricing strategy. Incorporating _______ pricing strategy drives customers to pay a higher price for a valuable product. Businesses use market research, surveys, and analysis to convince customers to buy products that provide _______ for money.
Answer:
Price skimming
value for money
Explanation:
Price skimming is the pricing strategy in which businesses charge higher prices for the product initially and then start to reduce the price. The customers pay the high price charged for the product because of unique features of the product. Customers find the product value for money and so they are satisfied with the high prices.
in process cost accounting, manufacturing costs are summarized on a
Answer:
spreadsheet
Explanation:
using excel
the output level where average unit cost is minimized is known as what?
The output that reduces the average total cost is the scale of production that is most effective. The production point with the lowest long-term average total cost is the minimum efficient scale (MES).
What is the minimum cost on average?Marginalcost=Averagecost when average cost is at its lowest point. That's because average cost must increase because marginal cost is higher than average cost, which causes the second marginal cost to increase.
Where is the average cost reduced?Calculating the quantity that brings marginal costs into line with average total costs is necessary to identify the amount to be produced in order to reduce average total costs. ATC is therefore minimal at 50 output units.
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Why would a producer conduct a marginal analysis?
A. To understand the type of taxes paid on a good or service
B. To determine whether a price increase will change what a
consumer will buy
C. To predict the amount of environmental pollution caused by a
manufacturer
D. To suggest a way to package a product so that it causes less
pollution
E
Answer:
B to determine whether a price increase
Explanation:
cuz I said
Telecommuting is an example of flextime. Please select the best answer from the choices provided T F.
True, telecommunicating is an example of flextime.
What is flextime?Flextime refers to an arrangement that allows the worker to change and alter his working hours. Employees can decide the starting and end time of their working hours by themselves.
In telecommunicating, an employee may work from his/her own place without going to the office.
Telecommunicating is an example of flextime since employees may change their working time at their own convenience.
Therefore the statement is correct.
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Answer:
the answer will be true
Explanation:
because telecomuting is an example of flex time
Which of the following is an example of an economic want: Group of answer choices Conversation Clothing Understanding Fresh air
Answer:
Clothing
Explanation:
True or False. A single working person may claim themselves as a dependent.
Answer: I think it’s false
Explanation:
Answer:
False
Explanation:
If you don't meet the qualifications to be a qualifying child or qualifying relative, you may be able to claim yourself as a dependent. Think of a personal exemption as “claiming yourself.” You are not your own dependent, but you can potentially claim a personal exemption.
Which concurrent testing method helps calculate the visibility of an outdoor advertisement?
A. interview test
B. passers-by count test
C. telephonic survey
D. speech test
E. interactive test
Answer:
A
Explanation:
Investor buys stock on margin and holds the position for exactly one year. Shares purchased 700. Purchase price $22/share. Call money rate 4%.
The Price at which the investor sold the stock $23.38.
The ownership certificates of any corporation are referred to as "stocks" in general. A share, on the other hand, refers to the stock certificate of a certain company. A shareholder is someone who owns stock in a specific corporation. Stocks come in two varieties: common and favoured. National capital, wealth, and money supply are some examples of stock. Stock is purchased by investors at a predetermined price that is determined by the state of the market. Investors can make money when they sell a stock at a higher price. Investors might sell at a loss if the price declines. Return on investment is what the question, which is NI/E or (sell price\(-\)purchase price-interest\(+\)dividend)/E
We have:
Purchase\(=700*22=\)$\(15,400\)
margin \(= 0.625\)–> \(E=15,400*0.625\)=$\(9,625\)
Debt= $\(5,775\)—> interest 1 for year is $\(231\)
Div= $\(420\)
\(0.12=(700*\)sell price\(-15,400-231+420)/9,625\)
Sell price \(=\) $\(23.38\)
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Investor buys stock on margin and holds the position for exactly one year.
Shares purchased 700
Purchase price $22/share
Call money rate 4%
Dividend $0.60/share
Leverage ratio 1.6
Total return on the investment 12%
Assuming that the interest on the loan and the dividend are both paid at the end of the year, the Price at which the investor sold the stock?