december 13 accepted a $9,500, 45-day, 8% note in granting miranda lee a time extension on her past-due account receivable. december 31 prepared an adjusting entry to record the accrued interest on the lee note. exercise 9-19 (static) notes receivable transactions lo p4 january 27 received lee's payment for principal and interest on the note dated december 13. march 3 accepted a $5,000, 10%, 90-day note in granting a time extension on the past-due account receivable of tomas company. march 17 accepted a $2,000, 30-day, 9% note in granting h.cheng a time extension on his past-due account receivable. april 16 h. cheng dishonored his note. may 1 wrote off the h. cheng account against the allowance for doubtful accounts. june 1 received the tomas payment for principal and interest on the note dated march 3.

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Answer 1

The events described in this question are a series of transactions related to the granting of time extensions on past-due accounts receivable in exchange for notes.

What are the series of transactions?

On December 13, Miranda Lee was granted a 45-day extension on her past-due account receivable in exchange for a $9,500, 8% note. On December 31, an adjusting entry was made to record the accrued interest on Lee's note. On January 27, Lee made a payment for both principal and interest on the note.

On March 3, a time extension was granted to Tomas Company in exchange for a $5,000, 10%, 90-day note. On March 17, H. Cheng was granted a 30-day extension on his past-due account receivable in exchange for a $2,000, 9% note. On April 16, Cheng's note was dishonored, and on May 1, Cheng's account was written off against the allowance for doubtful accounts. On June 1, Tomas made a payment for both principal and interest on the note.

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Related Questions

true/false. when the government enacts policies that lead to lower mortgage lending standards and lower interest rates, their actions can indirectly lead to higher home prices.

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It is true that when government enacts policies that lead to the lower mortgage lending standards and the lower interest rates, their actions can indirectly lead to higher home prices.

What is mortgage?

Mortgages are a kind of loan that can be used to buy or keep up a house, a piece of land, or any other real estate asset. The borrower commits to making regular payments to the lender, often in the form of a series of equal payments that cover both principal and interest. Before closing, mortgage applications undergo a drawn-out underwriting procedure. The borrower's requirements will dictate the available mortgage options, including fixed-rate and conventional loans. Mortgages are one way to fund real estate transactions for both private persons and corporate organisations. The loan is repaid by the borrower along with interest over a certain period of time until the property is fully owned. Most conventional loans have reached their full amortisation.

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a leader who is socially perceptive has a good understanding of how their employees might react to which of the following?

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Leaders that are socially aware are well aware of how followers may respond to changes in the workplace. People typically oppose organizational change because they perceive it as dangerous. People skills are another name for interpersonal abilities.

A leader must be aware of how their own views mesh with those of others if they are to successfully guide an organisation toward transformation. Understanding and being aware of what is significant to others as well as their motivations, challenges, and reactions to change are examples of social perceptiveness.

Which of the following statements is accurate when leadership is described as an influence process? Reaching collective objectives is the emphasis of leadership. The act of leading is seen as a collaborative process between the leader and the follower. Ethics should guide leadership.

Understanding people' perspectives and identifying with them are key components of compassionate leadership. Empathic managers succeed because they are better able to comprehend how people feel about their working environment. As a result, the authorities  to bring positive changes to the workforce.

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which two of the following models will not be able to give the desired outcome if users' participation is not involved?

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Collaborative filtering and content-based filtering are two popular recommendation models that are used in recommendation systems.

Both of these models rely on user participation to generate accurate recommendations. Collaborative filtering is a recommendation algorithm that uses the ratings or preferences of a user to generate recommendations for other items that the user may like. The model relies on the idea that similar users have similar preferences and therefore, the items liked by similar users are likely to be liked by the target user as well. The system needs users to rate or provide feedback on items they have interacted with so that the model can generate recommendations based on the preferences of similar users. Without user participation, the model will not have enough data to generate accurate recommendations. Content-based filtering is another recommendation algorithm that generates recommendations based on the items that a user has interacted with in the past. The model generates recommendations by analyzing the attributes of items that the user has liked in the past and matching them with other items that have similar attributes. The model relies on the user's interaction history, and without user participation, the model will not have enough information to generate accurate recommendations. In conclusion, without user participation, both collaborative filtering and content-based filtering will not be able to give the desired outcome as they both rely on user data to generate accurate recommendations.

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a sushi chef prepares a california roll for a customer. which of the following factors is physical capital? the skills the sushi chef has acquired that enables him to perform this feat the ingredients used to prepare the dish the knife use to cut the sushi the sushi chef

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D. the knife used to cut the sushi chef is the factor is physical capital.

Physical capital is made up of physical, man-made items that businesses invest in or purchase and employ to manufacture things. Physical capital assets that are reusable and not consumed during production, such as industrial equipment, also belong to the class of fixed capital.

Man-made commodities that help with production make up physical capital. Physical capital includes items like cash, property, machinery, and inventory. On the balance sheet, physical capital values are presented in descending order of solvency.

The things that make up physical capital include things like tools. The term "physical capital" refers to items manufactured by humans that are used during the industrial process to transform raw materials into completed goods. A considerable quantity of physical capital must be invested in any new enterprise.

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TRUE OR FALSE identify each statement as true or false concerning reasons that a retailer would consider selling through amazon using amazon fulfillment services.

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This is false. It only allows firms and not character customers to hire industrial-strength computing capacity.

How is scale essential to Amazon What benefits does scale offer Amazon over its smaller rivals?

The scale of Amazon's enterprise provides the association with negotiating leverage to impervious decrease expenditures and longer fee terms. Amazon's sales volume scale permits it to operate with skinny margins and low prices. Due to amazon being unfold over many enterprise it can "hold its breath longer" in a rate war.

Maintaining bodily hardware is an AWS accountability under the AWS shared duty model.

the company was once dropping cash and competing towards established, properly known, offline brands who were going online.

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current assets totaled $54,000 and the current ratio was 1.5. assume that the following transactions were completed: (1) purchased merchandise for $7,000 on short-term credit and (2) purchased a delivery truck for $12,000, paid $3,000 cash, and signed a two-year interest-bearing note for the balance. required: compute the cumulative current ratio after each transaction. (round your answers to 2 decimal places.)

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After the first transaction, the current assets would increase to $61,000 ($54,000 + $7,000). The current liabilities would increase to $7,000. The current ratio would be 8.71 ($61,000 / $7,000).

After the second transaction, the current assets would increase to $60,000 ($61,000 - $1,000). The current liabilities would increase to $9,000 ($7,000 + $2,000). The current ratio would be 6.67 ($60,000 / $9,000).

What is a liability?

Liability is a legal obligation or debt owed by an individual or company to another party. Liabilities can take many forms, such as loans, mortgages, credit card debt, accounts payable, and accrued expenses. Liabilities are usually settled over time, either through payment or the transfer of assets. They represent obligations that a company must fulfill, such as paying debts or returning borrowed money.

Hence, the answer is,

After the first transaction, the current assets would increase to $61,000 ($54,000 + $7,000). The current liabilities would increase to $7,000. The current ratio would be 8.71 ($61,000 / $7,000).

After the second transaction, the current assets would increase to $60,000 ($61,000 - $1,000). The current liabilities would increase to $9,000 ($7,000 + $2,000). The current ratio would be 6.67 ($60,000 / $9,000).

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an individual who has an adjustable rate mortgage (arm) is primarily concerned about risk. group of answer choices

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An individual who has an adjustable rate mortgage (ARM) is primarily concerned with the risk of interest rate increases. With an ARM, the interest rate can change over time, which can cause the monthly mortgage payment to increase.

An adjustable rate mortgage (ARM) is a type of home loan where the interest rate can change over time. The initial interest rate on an ARM is typically lower than fixed-rate mortgages, making it a popular choice for homebuyers who expect their income to increase over time or who plan to sell their home before the interest rate adjusts. However, the interest rate on an ARM can increase, potentially leading to a higher monthly mortgage payment. Borrowers with an ARM must be prepared for the possibility of rising interest rates and the impact this may have on their monthly budget. Before choosing an ARM, borrowers should consider their financial situation, future income prospects, and their ability to handle a potential increase in monthly mortgage payments. It is also important to understand the terms of the ARM, including the initial interest rate, how and when the rate can adjust, and the maximum interest rate.

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in general terms, explain why it is important to society that people who prepare accounting information act in an ethical manner. b. identify at least three areas in which accountants must exercise professional judgment, rather than merely relying on written rules.

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Accounting data influences decision-making by enabling stakeholders, creditors, and other users to assess both past and future events. It so validates or disproves previously held beliefs. Information's usefulness depends on its type, nature, and materiality.

What is Accounting Information System?An information system is a grouping of several devices used in the transmission of information (IS).An information system is composed of various components, including hardware, software, computer networks, information, information system users, and the system's housing (IS).Accounting is a tool for delivering financial and other information to people, groups, governments, etc. concerning various aspects of business and non-commercial enterprises.Accounting Information Systems ties technology to generally accepted accounting principles (Generally Accepted Accounting Principles).In order to obtain a loan from a bank, for instance, a company must provide information on its financial position and operating profit or loss.The stakeholders' ability to assess the management's performance similarly depends on their access to financial data for the company.According to numerous rules, financial data must be reported to numerous government agencies, including the income-tax department, the sales-tax department, the company law board, etc.

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Mac Company's correctly prepared financial statements for its December 31 year end show an accounts receivable balance of $50,000, operating income of $25,000,and CFFO of $24,000. Mac has an inconclusive sales transaction...If Mac goes ahead and recognizes a sale of $15,000 in its December 31 financial statements for this inconclusive agreement, which of the following is correct?

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If Mac goes ahead and recognizes a sale of $15,000 in its December 31 financial statements for this inconclusive agreement, operating income will increase by $5,000 is correct.

What is operating income?

Operating Income, commonly referred to as EBIT or recurring profit, is a key metric for gauging a company's profitability. It reflects the operating performance of the company and ignores non-operating gains or losses, the effects of financial leverage, and tax considerations. It is measured as the difference between the business's operating costs and gross profit. Operating income is the sum of a company's profits after all costs associated with running the firm have been deducted. Operating income includes expenses, whereas revenue does not.

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Most contracts require that both parties give consideration in a contract Which of the following is an exception to that rule? Multiple Choice Promissory estoppel Forbearance A unilateral contract O A bilateral contract A real estate contract

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Promissory estoppel is an exception to the rule that both parties must provide consideration in a contract.

This rule allows a party to enforce a promise made by another party, even if no consideration was exchanged. This means that even if no consideration was given, the party who made the promise must still fulfill it.

The enforcing party does not have to provide any consideration in exchange for the promise, but must be able to show that the promise was made in good faith and acted in reliance on it.

An example of this could be when a person promises to mow their neighbor's lawn for free but does not fulfill the promise. The neighbor may be able to use the doctrine of promissory estoppel to enforce the promise. This would allow them to receive the benefit of having their lawn mowed without having to provide any consideration in return.

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4. determine the probable average cost per hour over the life of the equipment for owning and operating a wheel loader under the conditions listed below. use the straightline method of depreciation.

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Straight-line depreciation is the most straightforward method for calculating depreciation over time.

What does "straight-line depreciation" mean?

The simplest way to determine depreciation over time is through straight-line depreciation. The value of an asset is diminished by the same amount of depreciation under this method for each year that it is put to use. The Straight Line method is used to compute a fixed value that depreciates annually. The Written Down Value technique calculates depreciation by using a predetermined interest rate each year. Rate of Value Decreasing. The annual rate of depreciation is varied as a result of this method. In order to reduce net income, organizations use the straight line basis to amortize the value of assets over accounting periods.

Because it is straightforward and simple to use, accountants prefer the straight line basis to determine an asset's depreciated value.

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Complete question

Determine the probable average cost per hour over the life of the equipment for owning & operating a wheel loader under the conditions listed below. Use the straight-line method of depreciation. ce • Operator cost: $20/hr. • Operating conditions: Average • Delivered price: $70,000 Cost of a set of tires: $4,000 Expected life: 5 years • Hours operated: 2,000 hrs./year salvage value: 32,000 • Fuel cost $3.00/gal horsepower: 120 hp Rate for interest, tax, insurance, & storage: 15% 2. A. Calculate the depreciation of a Caterpillar 428C Backhoe/Loader utilizing SL, SOYD, DDB, and MACRS methods. Data: 2. A. Calculate the depreciation of a Caterpillar 428C Backhoe/Loader utilizing SL, SOYD, DDB, and MACRS methods. Data: • Book Value (BV): $100,000 • Salvage Value (SV): $10,000 • Life of Equipment: 5 years 2B. Comparing the outcome of the 4 methods, which method would you utilize to depreciate this equipment and why? Owning Costs Depreciation - 20000 - 32000 - 4000 - $6,800/y (Eq 17-1) Total Owning & Operating Costs: Depreciation cost - 6800 = $3.40/h 2000 Ave. investment - 70000 + 32000 - $51,000 (Eq 17-6) 7.23/hour 31.87/ hour $39.10 / hour Investment cost - 0.15 x 51000 - $3.837h 2000 (Table 17-1) Total owning cost - 3.40 + 3.83 = $7.23/h Operating costs Fuel use - 120 x 0.036 - 4.3 gal/h (16.3 1/h) Puel cost - 1.00 x 4.3 - $4.30/h [ - 0.264 x 16.3 - $4.30/h 1 Service cost - 0.33 X 4.30 - $1.42/h Lifetime repair cost - 0.60 x (70000 - 4000) - $39,600 Repair cost - - 39600 - $3.96/h 5 x 2000 Tire life - 2100 h Tire cost - 1.15 x 4000 - $2.19/h 2100 Operator cost - $20.00/h (Table 17-21 (Table 17-3) (Table 17-4) (Eq 17-6) Total operating cost - 4.30 - 1.42 + 3.96 + 2.19. 20.00 - $31.87/h SL Book Value = $100,000 Salvage Value = $10,000 5 = 100,000 – 10,000 = 18,000 • D 100,000 YEAR DEPRECIATION VALUE BOOK VALUE 80,000 DEPRECIATION 60,000 0 Book Value ($) 40,000 18,000 18,000 18,000 18,000 18,000 20,000 100,000 82,000 64,000 46,000 28,000 10,000 18,000 36,000 54,000 72,000 90,000 1 2 3 4 5 t(years)

when sellers use paid, nonpersonal communication to engage in mass selling and identify themselves as the sponsors of that communication, they are usin

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Advertisements are used by sellers to participate in mass marketing when they pay for nonpersonal communication and identify themselves as the sponsors of that communication.

What exactly is advertising?

Advertising is a type of advertising in which a product or service is promoted to a targeted audience. It is one of the oldest types of marketing that seeks to persuade its intended audience to buy, sell, or do something specific.

The advertisement could be narrow (targeting a small audience) or broad (targeting a large audience) by using a highly focused message (targeting a large audience).

Most other marketing tactics, such as email marketing and search engine marketing, precede advertising. Advertising has been divided into two groups since the emergence of the internet: traditional advertising and digital advertising.

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in the context of the consumer decision process, the length and intensity of information searches decrease when the degree of perceived risk associated with the purchase increases. (True or False)

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True the length and intensity of information declines when the level of risk that the consumer perceives (perceived risk) when purchasing the good or service.

The term "perceived risks" refers to the "spirit cost" entailed with customers' purchase decisions, which denotes a form of future uncertainty.

A number of variables affect the search's duration and intensity.Perceived risk level linked with the product or serviceThe product's significance to the customer.There are two main categories of information: internal and external, regardless of the needed search level.The buyer conducts an internal information search by looking over his own experiences-based memories and knowledge about the good or service.The buyer does an informational search outside of his own knowledge base in order to aid in the decision-making process -consult with friends, relatives, or a salesman. They can also look up information instantly via commercial media, the Internet, etc.

Consumers actively seek out and use information from internal and/or external sources throughout the information search stage of the decision-making process to help them make better purchasing selections. Consumers use internal search to access previously memorized information.

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Harry is surprised one day to learn that the parts that he has ordered from a small local supplier are delayed. He immediately calls his supplier, and the supplier admits that his shop is overbooked with orders, not only from Harry's business but also from new customers in China. As Harry realizes that his small U.S.-based business is competing for shop space with companies in China, he faces the management challenge involved with Multiple Choice globalization O technological change, the importance of knowledge and ideas. collaboration across organizational boundaries. an increasingly diverse labor force

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Option (a), The managerial challenges posed by globalization must be handled by Harry.

Describe globalization.

People and things can flow easily across international borders thanks to the "globalization" movement. It is fundamentally an economic idea to connect markets, businesses, and investments while reducing barriers to the movement of commodities and services across international borders.

The term "globalization" refers to the rise in interdependence and interconnection brought on by trade and technology. The sociological and economic changes that result from globalization are also referred to by the phrase.

Which of the following managerial difficulties are a result of globalization?

Among the challenges faced by businesses growing worldwide is:

international hiringEmployers' Management of Immigration.paying taxes and fees for exports.Payroll and compliance problems.cultural identity is lostexploiting international workersIssues with Global Expansionissues with immigration and job losses in the surrounding area.

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The complete question is:

Harry is surprised one day to learn that the parts that he has ordered from a small local supplier are delayed. He immediately calls his supplier, and the supplier admits that his shop is overbooked with orders, not only from Harry's business but also from new customers in China. As Harry realizes that his small U.S.-based business is competing for shop space with companies in China, he faces the management challenge involved with  

Multiple Choice

globalization

technological change,

the importance of knowledge and ideas.

collaboration across organizational boundaries.

an increasingly diverse labor force

an economy is in short run equilibrium at a level of output that is greater than potential output. if there were no active fiscal or monetary policy intervention, which of the following changes in output and the price level would occur in the long run

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There will be an increase in Output and decrease in Price level in the long run when economy is in short run equilibrium.

Economics is the study of shortages and how they impact a variety of complex social concerns, including how resources are employed, how commodities and services are created, how production and welfare vary over time, and a number of other important topics. Farmers lower the price of the produce as production of the crop rises in an effort to increase sales. Producers would be compelled to lose money if there was an excess of maize available since the grain would need to be squandered in order to feed the people of the country. A country's economy is composed of its citizens, who spend money on goods and services, companies, which employ people and produce goods, and various levels of government, which carry out these responsibilities simultaneously.

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To forecast the total quantity demanded, simply locate the price on the _____ and then look straight across until you hit the demand curve and then look straight down to the _____ axis for your answer.

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C:To forecast the total quantity demanded, simply locate the price on the vertical axis and then look straight across until you hit the demand curve and then look straight down to the quantity for your answer.

A demand curve is a line graph used in economics that shows the number of units of goods or services purchased at various prices.

Price is plotted on the vertical (Y) axis and quantity is plotted on the horizontal (X) axis.

The demand curve is used to determine the relationship between price and quantity, and obeys the law of demand that as price increases, quantity demanded decreases.

Furthermore, the demand curve is usually combined with the supply curve to determine equilibrium prices and quantities in the market.

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Complete question:

To forecast the total quantity demanded, simply locate the price on the _____ and then look straight across until you hit the demand curve and then look straight down to the _____ for your answer.

vertical axis; price

horizontal axis; price

vertical axis; quantity

horizontal axis; quantity

if, after closing all revenue and expense accounts at the end of the period, a debit balance remains in the income summary account, this indicates that the business

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By crediting Income Summary, a debit amount in that statement is closed. Retained earnings are debited in the corresponding amount.

What are Retained earnings?

Retained Earnings (RE) are the accumulated portion of a company's profits that are set aside for reinvestment rather than being paid out as dividends to shareholders. These monies are typically allocated for debt repayment or used for working capital and fixed asset purchases (capital expenditures). At the conclusion of each accounting period, retained earnings are shown in the shareholder's equity portion of the balance sheet. RE is calculated by first adding the initial RE balance to net income (or subtracting it from net loss) and then deducting dividend payments. The changes in RE for a certain time period are often summarised in a document called a statement of retained earnings, which is also kept on file.

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st. francis told hubert that the contract __________ . st. francis ________ to hubert at a_______ salary. based on these facts, it _____ that st. francis intentionally induced hubert to break his contract with medtron.

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St. francis told hubert that the contract was not enforceable.  st. francis did offer a job to hubert at a lower salary

Although salaried employees are paid a defined wage, they also have responsibilities and tasks to complete, even if it means working overtime. Hourly workers are entitled to time and a half compensation for any hours beyond 40 worked during a workweek. In the US, the Fair Labor Standards Act specifies whether employees must be paid on an hourly or salary basis. The majority of people count their income from salaries, investment returns, pension payments, and other receipts as part of their total income. For businesses, income includes all revenue from sales of products and services as well as all interest or dividends received on the firm's cash and other assets.

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suppose a customer rents a vehicle for four months from rent-a-car on october 1, paying $4,400 ($1,100/month). record rent-a-car's adjusting entry on december 31.

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On December 31, Rent-A-Car should make the following adjustment entry to record revenue: Debit Expenses not earned $3,300 Credit Income $3,300 on the basis of accrual accounting

Using the accrual accounting technique, which records revenue or expense as it is incurred rather than when a transaction is completed or a payment is received. For $4,400 ($1,100/month), a customer rents a car from Hire-A-Car starting on October 1. On December 31, Rent-A-Car should make the following adjustment item to reflect revenue: Debit Unearned costs $3,300 Receiving $3,300 in credit In accordance with the accrual accounting technique, income or expenses are recorded when a transaction takes place rather than when a payment is expected or received. The matching principle, which states that both revenues and expenses should be recognised at the same date, is upheld by the technique.

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classify each of the following cost items as mostly fixed or variable: (2.1) raw materials administrative salaries direct labor payroll taxes depreciation insurance (building and supplies equipment) utilities clerical salaries property taxes sales commissions interest on borrowed rent money

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variable cost are Raw material, Direct labour, Supplies and Utilities. Fixed cost are Depreciation, Property taxes, Interest in borrowed money, administrative salaries, payroll taxes and Insurance.

A variable cost is a type of business expense that varies depending on how much a firm makes or sells. Variable costs grow when production increases and fall when output lowers, depending on the amount of a company's sales. An expense known as a variable cost fluctuates in relation to industrial output or sales. Variable costs rise in tandem with rising output or sales, whereas falling production or sales result in falling variable costs. Contrasting with fixed costs, which do not alter in accordance with production or sales volume, are variable costs. When calculating a product's contribution margin the parameter used to establish a business' break-even or target profit level variable expenses play a key role.

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which of the following was not an argument in favor of the united kingdom (uk) leaving the european union (eu)? multiple choice proponents of leaving believed the uk paid a disproportionate share of membership fees. proponents of leaving stressed that the uk needed to reestablish british sovereignty. proponents of leaving wanted greater access to markets in the other eu member countries. proponents of leaving wanted greater control over immigration.

Answers

Option (b), A case for the United Kingdom (UK) exiting the European Union was not made by those who supported it because they desired greater access to markets in other EU members (EU).

Whose consent did the UK need in order to quit the EU?

The departure deal was subsequently approved by the British parliament with the adoption of the European Union (Departure Deal) Act 2020 after the election in December 2019. At midnight CET on January 31, 2020, the UK left the EU (11 p.m. GMT).

What occurred in 2016 between the UK and the EU?

On June 23, 2016, voters in the United Kingdom (UK) and Gibraltar were asked to vote on whether they wished the country to remain in or leave the European Union. This referendum is frequently referred to as the EU referendum or the Brexit referendum (EU).

Why did the UK choose not to enlist in the EU?

The unsuccessful applications by the United Kingdom to join the European Communities (EC) in 1963 and 1967 were blocked by French President Charles de Gaulle, who argued that "a number of facets of Britain's economy, from work conditions to agricultural production," had "made Britain inconsistent to Europe" and that Britain fostered a "deep-seated hostility" to every pan-European project. Following de Gaulle's resignation as president of France in 1969, the UK made a third and ultimately successful application for membership.

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Demonstrating accountability in business implies which of the following?
A. An enlarged vision of those affected by a business
B. An ability to influence the desires of others
C. Experience in limiting liability in achieving results
D. An obligation to meet the needs of others

Answers

An obligation to meet the needs of others

How do you demonstrate accountability?It means that you have the resolve to own up to commitments and promises that you have made. It means being answerable to the actions and decisions made by you and by those you lead. It means having both the vision of a leader, and the resourcefulness to execute on it.Accountability means showing up and setting out to accomplish the things you'd said you'd do. It's about taking personal responsibility for your work. It's also trusting in your teammates and knowing you can count on each other to get things done.Be proactive rather than reactive.Come up with solutions. Show up.Accept criticism.Speak up.Communicate effectively.Set clear expectations.Handle disagreements maturely

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true/false. when the prive level increases, real balances increase aznd businesses and households find themselves

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When the price level rises, real balances rise, and businesses and households become wealthier and thus increase their spending.

What happens to real GDP when prices rise?

The exchange rate effect, also known as the foreign purchases effect, occurs when a change in the price level of one country causes other countries to purchase more of that country's goods. As a result, net exports and, as a result, real GDP rise.

Given aggregate demand, an increase in aggregate supply raises real output and lowers the price level, assuming downwardly flexible prices.

Therefore, the statement is true.

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in the context of the objectives for learning, identify the desired outcomes associated with the affective/social domain.

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Determine the intended outcomes connected to the affective/social domain in the framework of something like the instructional goals: (1) Improvement of consciousness. (2)Self-concept promotion is the best course of action. are the best choices.

Lower-order targets in the perspective of Dave's psychomotor domain objectives center upon learning fundamental motions and visual processing.

Professionals can use taxonomies as a reference when preparing for educational objectives and task accomplishment.

To determine a person's strengths and weaknesses, degrees of aptitude, and development stage in many fields, diagnostic testing can indeed be employed in the framework of assessments.

When compared to evaluation, assessment has a broader scope that includes data collecting, analysis, and judgement.

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g identify and explain the four strategies that operations managers of international and multinational firms use to approach global opportunities

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Four fundamental worldwide strategies are available to multinational firms. (2) Multinational; (3) Global; and (4) Transnational.

What is global vs international strategy?

An international strategy is the use of methods in various nations that are specific to that nations' markets, whereas a global strategy is a concept that entails creating strategies that are specific to the global market.

What are 4 grand strategies in strategic management?

Market expansion, product development, stability, turnaround, and liquidation are examples of grand plans. These approaches differ based on two pressures: (1) a focus on efficiency and low cost; and (2) meeting cultural and societal needs locally.

What are strategies for operating internationally?

A universally recognized trademark that is standardized, improved operations, unified management, and economies of scale. Streamlining procedures will result in lower expenses, simpler product lineup.

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alpha omega's percentage of sales model forecasts sales growth of 20 percent next year. if cost of good sold are proportionate at 80 percent of sales, then cost of good sold will increase by: multiple choice question.

Answers

If cost of goods sold are proportionate at 80 percent of sales, then cost of goods sold will increase by 16%.

What is cost of goods sold?

The carrying value of the commodities sold within a specific time period is known as the cost of goods sold (COGS). One of the several formulas, such as specific identification, first-in-first-out (FIFO), or average cost, is used to correlate costs with specific commodities. The total cost of transporting the inventory to their current location and condition includes all acquisition prices, conversion charges, and other costs. Keeping track of the goods or materials you buy, as well as any discounts you receive, is necessary for cost calculation.

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Assume the Canadian economy is currently in recession and the government budget is in deficit.(a) Draw a single correctly labeled graph with both the short-run and long-run Phillips curves for the Canadian economy. Label the current short-run equilibrium as point X.(b) Assume the government increases its deficit spending to restore full employment. What effect will this have on real interest rates in Canada? Explain.(c) Based on your answer to part (b), what will happen to financial capital flows to Canada?(d) Canada and Norway are major trading partners. The exchange rate between the Canadian dollar and Norway’s currency, the krone, is determined in a flexible foreign exchange market. Draw a correctly labeled graph of the foreign exchange market for the Canadian dollar, and show the effect of the change in real interest rates identified in part (b) on the equilibrium exchange rate of the Canadian dollar.(e) Given your answer to part (d), what will happen to the international value of the Norwegian krone?(f) Assume Norway’s current account balance is zero. As a result of the change in the value of the krone you identified in part (e), will Norway’s current account be in deficit, surplus, or stay the same? Explain.(g) What effect will the change in the value of the Canadian dollar in part (d) have on Canada’s net exports?(h) On your graph in part (a) show the effect of the change in Canada’s net exports identified in part (g) and label the new short-run equilibrium as point Z.

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Assume the Canadian economy is currently in recession and the government budget is in deficit.(a) Draw a single correctly labeled graph with both the short-run and long-run Phillips curves for the Canadian economy. Label the current short-run equilibrium as point X.(b) Assume the government increases its deficit spending to restore full employment. What effect will this have on real interest rates in Canada? Explain.(c) Based on your answer to part (b), what will happen to financial capital flows to Canada?(d) Canada and Norway are major trading partners. The exchange rate between the Canadian dollar and Norway’s currency, the krone, is determined in a flexible foreign exchange market. Draw a correctly labeled graph of the foreign exchange market for the Canadian dollar, and show the effect of the change in real interest rates identified in part (b) on the equilibrium exchange rate of the Canadian dollar.(e) Given your answer to part (d), what will happen to the international value of the Norwegian krone?(f) Assume Norway’s current account balance is zero. As a result of the change in the value of the krone you identified in part (e), will Norway’s current account be in deficit, surplus, or stay the same? Explain.(g) What effect will the change in the value of the Canadian dollar in part (d) have on Canada’s net exports?(h) On your graph in part (a) show the effect of the change in Canada’s net exports identified in part (g) and label the new short-run equilibrium as point Z.

(a) The short-run Phillips curve is a trade-off between inflation and unemployment. During a recession, the short-run Phillips curve would shift to the right, indicating a lower rate of inflation and higher rate of unemployment, with point X being the short-run equilibrium. The long-run Phillips curve is vertical, showing that in the long run, inflation and unemployment are not related.

(b) An increase in government deficit spending will lead to an increase in aggregate demand, shifting the short-run Phillips curve to the left and leading to a decrease in unemployment and an increase in inflation. This will result in a rise in real interest rates in Canada.

(c) A rise in real interest rates will lead to a decrease in financial capital flows to Canada as investors look for higher returns in other countries.

(d) The increase in real interest rates will cause the Canadian dollar to appreciate, leading to a decrease in the equilibrium exchange rate of the Canadian dollar in the foreign exchange market.

(e) The change in the value of the Canadian dollar will cause the international value of the Norwegian krone to appreciate.

(f) Since Norway’s current account balance is zero, the change in the value of the krone will not affect Norway's current account balance.

(g) The appreciation of the Canadian dollar will lead to a decrease in Canada’s net exports, as Canadian goods become more expensive relative to foreign goods.

(h) The decrease in Canada’s net exports will lead to a shift of the short-run Phillips curve to the right, and the new short-run equilibrium, point Z, will be at a higher rate of unemployment and lower rate of inflation compared to point X.

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fill in the blank question. steven and sally have income from all sources (taxable and nontaxable) totaling $140,286. their taxable income is $114,966. their tax liability is $20,219. their effective tax rate is %

Answers

14.41%\si. $20,219/$140,286 Their actual tax rate .Adding together all sources of income, omitting nontaxable items, and deducting credits and deductions yields taxable income.

Taxable income is defined as any gross income produced that is utilised to compute the amount of tax owed. Simply put, it is your taxable income less any deductions. This includes any employer pay, tips, salaries, and bonuses. Unearned income and investment income are also included.

Interest, dividends, and rents, as well as capital gains, are examples of unearned income subject to taxes by federal or state authorities. Other sources of taxable income include forgiven debts, government benefits (such as disability or unemployment compensation), and profits from casinos or lotteries.20

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You are thinking of going out to dinner at a restaurant with your friends. The meal is expected to cost you
$50
, you typically leave a
20%
tip, and a round-trip Uber ride will cost you
$20
. You value the restaurant meal at
$20
, and the time spent with your friends at
$30
. If you did not go out to the restaurant, you would eat at home using groceries that cost you \$10. You should to dinner with your friends because the benefit of doing so is than the cost. not go; less go; greater go; less not go; greater

Answers

You're anticipating paying $50 for the meal, leaving a 20% tip, and paying $20 for an Uber journey back home. You assign a $20 value to the restaurant lunch,.

Does anticipating mean waiting?

You're anticipating paying $50 for the meal, leaving a 20% tip, and paying $20 for an Uber journey back home. You assign a $20 value to the restaurant lunch,...

Excitedly anticipating something you know is going to happen, anticipation is enthusiasm. A recent marriage proposal is eagerly awaited for a favourable response. As when the birthday party anxiously awaited Elmer's entrance so they could surprise him, anticipation may often be a fearful expectation.

The words divine, foreknow, and foresee are among frequent synonyms for anticipate. All of these phrases refer to "knowing beforehand," but anticipate implies acting on or having an emotional reaction to something before it occurs.

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Which of the following is NOT a required characteristic to make information useful in meeting objectives identified by GASB in Concept Statement No. 1?
a. relevant
b. understandable
c. verifiable
d. comparable

Answers

d. comparable is a required characteristic to make information useful in meeting objectives identified by GASB in Concept Statement No. 1.

The Governmental Accounting Standards Board (GASB) has established certain characteristics that are required for information to be useful in meeting objectives. These characteristics are outlined in Concept Statement No. 1 and are essential for ensuring the quality of financial reporting in the public sector. The characteristics include: relevance, reliability, comparability, and understandability.

Out of these characteristics, "comparable" is not a requirement for information to be considered useful in meeting objectives. However, the other three characteristics are essential.

Relevance refers to the ability of information to make a difference in decision-making. Financial information must be relevant to the decisions being made by stakeholders, such as policymakers and taxpayers, in order for it to be considered useful.

Reliability refers to the consistency and accuracy of financial information. Financial information must be free from material misstatements and biases in order for it to be considered reliable.

Understandability refers to the ease with which stakeholders can understand financial information. Financial information must be presented in a clear and concise manner in order for it to be considered understandable.

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