(Option D) Inland Marine Insurance, would provide coverage for the physical damage to a ship while it is being transported by truck
Inland Marine Insurance is a type of insurance that provides coverage for the physical damage of a ship while it is being transported by truck over land. This type of insurance is designed to protect against the risk of loss, damage, or theft of items that are transported over inland waterways or on land. Examples of items that may be covered by Inland Marine Insurance include boats, heavy equipment, and other valuable items.
Inland Marine Insurance is different from Marine Hull Insurance, which typically covers losses that occur at sea. It is also different from Cargo Insurance, which covers losses that occur during shipping by air, sea or land.
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true/false. margo is a district manager who oversees several store managers in a national chain of department stores. margo reports directly to the vice president of stores and marketing, a member of top management. margo is a middle manager.\
True, Margo works for a national chain of department shops as a district manager, supervising a number of store managers.
A corporate organization that has retail locations across the Territory and has a single purchasing and distribution hub is referred to as a national retail chain.
Recurring Revenues are payments made by the User to the Producer on a regular basis to maintain the right to use the Telephone Network and for the use of other services provided by the Producer, as more fully described in Schedule C.
Revenues are any and all payments made by the User to the Producer or any other affiliate of the Producer.
The successor of the Producer for the connection of the Line, the monthly or periodic payment for line maintenance, and any other payments.
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triptych food corp. recently raised capital through an initial public offering (ipo). its stock can now be purchased on the nyse. this company is referred to as: a closely held corporation a publicly owned corporation
Triptych Food Corporation recently received money through an IPO (IPO). its stock is currently for sale on the NYSE. Known as a publicly owned corporation, this business.
What is the IPO?An initial public offering (IPO), also referred to as a stock launch, is a public sale in which a company offers shares to institutional investors in addition to traditionally retail (individual) investors. An IPO is often underwritten by one or more investment banks, who also oversee the shares' listing on one or more stock exchanges. This process, also known as floating, going public, or going public, transforms a privately held company into a public company.
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Choose 2 of the statements and identify how internal and external users can use the information from those statements to make decisions 1.income statement 2.owners equity statement 3. Balance Sheet 4. Statement of cash flow
Internal and external users can make use of the information on 1. income statements, and 3. Balance sheets to :
Budget for the company Invest in the company Figure out how much to loan a company How can internal and external users use financial statements ?Management can use the income statement to assess the company's financial performance over a specific period of time, compare it to previous periods, and identify trends. The income statement can provide data on revenue, expenses, and net income.
Investors can use the income statement to evaluate the company's profitability and financial performance, and make decisions about whether to invest in the company's stock. Creditors can use the balance sheet to assess the company's financial position and ability to repay its debts, and make decisions about lending to the company.
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A company performs $10,000 of services and issues an invoice to the customer. Using the accrual method. what's the cored entry to record the transactions?(A) Debit unearned revenue$10,000, credit sales revenue $10,000(B) Debit accounts payable$10,000, credit sales revenue $10,000(C) Debit services expense$10,000, credit sales revenue $10,000(D) Debit cash$10,000, credit sales revenue $10,000(E) Debit accounts receivable$10,000, credit sales revenue $10,000
Based on the accrual method, the correct entry for $10,000 worth of services would be a debit to accounts receivable for $10,000 and a credit to Sales revenue for $10,000 [E].
What is the transaction's record entry?
The simplest way to document a transaction is through a journal entry, in which the accountants manually enter the account information, debits, and credits for each unique transaction.
According to the accrual approach, a $10,000 debit to accounts receivable and a $10,000 credit to sales revenue represent the right entries for services valued at $10,000.
Therefore, Both the company's income statement and balance sheet include credit sales information.
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1. The following information applied to Fenn, Inc. for year 2:Merchandise purchased for resale: $400,000Freight-in: $10,000Freight-out: $5,000Purchase returns: $2,000Fenn's year 2 inventoriable cost wasa. $400,000b. $404,000c. $408,000d. $413,000
According to the proposals stated, the following information applied to Fenn, Inc. for year 2: $404,000. The correct answer is b.
Fenn's year 2 inventoriable cost is calculated by adding the Merchandise purchased for resale ($400,000), Freight-in ($10,000), and Purchase returns ($2,000), and subtracting the Freight-out ($5,000). Therefore, the total cost is $404,000.
This cost is then used to calculate the cost of goods sold and ending inventory for the period. Other costs associated with inventory, such as holding costs, should also be considered when calculating the total cost of inventoriable items.
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alpha company issued 1,000 shares of $10 par value common stock to stockholders, in exchange for $15,000 cash. which of the following correctly describes the impact of this transaction on alpha's financial statements?
The issuance of common stock by Alpha Company would impact its financial statements as Balance Sheet Common Stock
The Common Stock account will increase by $10,000 (1,000 shares x $10 par value per share).Paid-in Capital in Excess of Par Value: The Paid-in Capital in Excess of Par Value account will increase by $5,000 ($15,000 cash received - $10,000 par value).Cash. The Cash account will increase by $15,000.Cash Flow Statement:Cash Inflow from Financing Activities: The Cash Inflow from Financing Activities section will increase by $15,000, reflecting the cash received from the issuance of common stock.This transaction will increase the equity section of Alpha Company's balance sheet, reflecting the injection of capital from the issuance of common stock. It will also increase the company's cash balance, reflecting the inflow of cash from the transaction. This transaction represents a financing activity for Alpha Company, as it has raised cash by issuing common stock. This will impact its ability to invest in future growth opportunities and increase its financial flexibility. Overall, the issuance of common stock is a positive development for Alpha Company and its financial position.
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4) On November 1, 2021, a company receives cash of $6,000 from a customer for services to be provided evenly over the next six months. Deferred revenue is recorded at that time. Which of the following adjusting entries is needed on December 31, 2021? A) Debit Deferred Revenue for $2,000; Credit Cash for $2,000 B) Debit Deferred Revenue for $2,000; Credit Service Revenue for $2,000 C) Debit Deferred Revenue for $6,000; Credit Service Revenue for $6,000 D) Debit Service Revenue for $2,000; Credit Deferred Revenue for $4,000
Debit Deferred Revenue for $2,000; Credit Cash for $2,000 is the adjusting entry that is needed on December 31, 2021.
What are adjusting entries?Adjusting entries are journal entries that are used in accounting to place income and expenses on the books according to the time frame in which they actually occurred. At the conclusion of an accounting quarter, they are frequently made. The revenue recognition principle forms the basis for adjusting entries for unearned and accrued revenues under accrual-based accounting. According to accrual accounting's matching concept, revenues and associated costs are recorded during the same accounting period. Adjusting entries for prepayments are needed to account for money that has been received before services or commodities have been delivered. When this money is received, it is initially placed into a prepaid asset account for costs that will be incurred over time or through usage and consumption.
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in the team nursing model which is a priority consideration when the team leader is assigning clients
Each team member's strengths is the priority consideration when the team leader is assigning clients.
What are my strengths as a team member?Team strengths are the good traits and abilities of your personnel, including collaboration, effective communication, flexibility, creativity, and empathy. Greater productivity and skill-building are encouraged by recognising the capabilities and intrinsic motivation of your team members.Knowledge-based skills, transferable abilities, and character qualities are important strengths. Technical knowledge-based skills are acquired through education and experience. Soft skills like problem-solving and communication are examples of transferable skills that may be used in a variety of contexts.Always willing to lend a hand. The members of a successful team are constantly willing to lend a helping hand and communicate with one another.Ready to learn. Knowledge alone is insufficient.Learn more about Team strengths refer to :
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Is this included in GDP for the US in 2017?
Calculo, a U.S. electronics company, produces a calculator at a plant in Indonesia on March 11, 2017. Calculo imports the calculator into the United States on May 29, 2017.
Calculo is a U.S. company, but because it produces the calculator in Indonesia, the output will be part of the GDP of Indonesia, not the GDP of the United States.
What is GDP?The standard measurement of the value added produced via the production of goods and services in a nation over a specific time period is the gross domestic product (GDP). Consequently, it also accounts for the revenue generated by that manufacturing, or the total amount spent on finished goods and services (less imports).Gross domestic product (GDP) is a monetary indicator of the total market value of all the final commodities and services that nations generate and sell over a given time period. This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.GDP = private consumption + gross private investment + government investment + government spending + (exports – imports).Learn more about GDP refer to :
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___have filled the ultralow-priced, high-volume gap by buying at less than regular wholesale prices and charging consumers less than retail.
Off-price retailers have filled the ultralow-priced, high-volume gap by buying at less than regular wholesale prices and charging consumers less than retail.
What are Off-price retailers?
By using a combination of buying tactics and lean operations models, off-price shops enable them to transfer the savings realized by those models onto their customers, enabling them to sell goods at lower prices than traditional retail outlets. Off-price businesses operate under the same principles as regular merchants, but with a different profit margin. Delivering a quality product selection at the most competitive price in the market is the customer value proposition for off-price stores. Low prices are what will first draw clients. A business model's profit formula outlines how the company will produce profits while offering the consumer value proposition.
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Three years ago, Pablo invested $1000.00. In 2 years, he expects to have $2870.00. If Pablo expects to earn the same annual rate of return after 2 years from today as the annual rate implied from the past and expected values given in the problem, then in how many years from today does he expect to have exactly $3000.00?(Round the value to 100th decimal)
Answer:
The money Pablo invested can't be taken out now
which of the following are assumptions of the capital asset pricing model (capm)? check all that apply. investors have homogeneus expextations investors can borrow an unlimited amount at a risk-free rate there are no taxes expected returns are based on individual investor risk sensitivity
The assumptions of the Capital Asset Pricing Model (CAPM) are:
1)Investors have homogeneous expectations
2)Investors can borrow an unlimited amount at a risk-free rate
3)There are no taxes
Investors have homogeneous expectations: This means that all investors have the same expectations about the future performance of a stock.
Investors can borrow an unlimited amount at a risk-free rate: This means that investors can borrow money at a rate that has no risk of default, such as the rate on U.S. Treasury bonds.
There are no taxes: This means that the CAPM model assumes that there are no taxes on returns, so investors will not be affected by any tax implications when investing.
The assumption that "expected returns are based on individual investor risk sensitivity" is not part of the CAPM assumptions.
In summary, the CAPM model assumes that investors have the same expectations about future stock performance, can borrow unlimited amounts at a risk-free rate, and are not impacted by taxes. These assumptions help to simplify the model and make it easier to understand the relationship between risk and return for a given investment.
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The organization of the Girl Scouts has completed its annual cookie drive. The sales are reported in the accompanying ogive.Approximate the percentage of girls who sold fewer than 90 boxes of cookies.Multiple ChoiceO 75%O 45%O 65%O 55%
The correct answer is 65%. To determine the percentage of girls who sold fewer than 90 boxes of cookies, we need to find the area under the ogive that corresponds to values less than 90.
An ogive is a graphical representation of cumulative frequency distribution, and it shows the cumulative percentage of data that falls below certain values. The ogive can be used to estimate the proportion of a population that has values less than a certain point.
Based on the ogive, the closest estimate to the percentage of girls who sold fewer than 90 boxes of cookies is 65%. However, without the actual data and scale used in the ogive, it is difficult to determine the exact percentage with certainty. In conclusion, the percentage of girls who sold fewer than 90 boxes of cookies is approximately 65%. This information can be useful for the organization to understand the distribution of cookie sales among its members and make informed decisions about future sales and marketing strategies.
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when evaluating the value of a firm, in addition to book value, an investor may also consider which of the following? multiple choice question. face value yield value secondary value going-concern value
In addition to book value, an investor may additionally take into account Value in Liquidation and Going-Concern
What is meant by book value?As part of numerous financial assessments, the book values of assets are frequently contrasted with market prices. For instance, if you paid $50,000 for a machine and deducted $10,000 from it year for depreciation, the machine would have a book value of $30,000 at the end of the second year. There are two methods for valuing a company: book value and market value. While market value is based on a company's share price, which frequently fluctuates owing to stock market sentiment, book value is based on a company's balance sheet. Based on its assets, book value is an objective measure of a company's financial health.To learn more about book value, refer to:
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Which of the following statements are true of the command-and-control approach to accounting procedures? (Check all that apply.)
There is heavy reliance on social norms.
There is loose control, suggesting high levels of trust.
Controls are administered by formal institutions.
Compliance is gained through rules and sanctions.
C: "Controls are administered by formal institutions" and D: "Compliance is gained through rules and sanctions" are true statements about the command-and-control approach to accounting procedures.
The command-and-control approach to accounting procedures is characterized by a centralized, top-down management style, with formal institutions administering controls and enforcing compliance through rules and sanctions. This approach focuses on creating a rigid set of rules and procedures to govern behavior and enforce compliance, with little room for deviation or flexibility.
The aim is to ensure consistent and standardized financial reporting, and to minimize the risk of fraud and financial mismanagement. The command-and-control approach can be effective in organizations where there is a high degree of complexity and a need for standardized processes, but it may not be suitable for all organizations and may lead to a lack of innovation and low morale among employees.
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a firm's cash flow from investing activities includes: select one: a. cash paid as dividends b. cash received from the rendering of services to customers c. cash received from the sale of a plant asset d. cash paid to retire bonds payable
The money a corporation makes from the sale of a plant-related asset is included in its cash flow from investment operations.
Which Activities Are Included in Cash Flow from Investing Activities?Cash flow from investing operations includes capital expenditures, money loans, and the sale of investment securities.
What don't investment activities' cash flows include?Items to include and exclude when estimating cash flow from investing activities
a. Routine income and cost transactions.
b. Interest fees,
c. Depreciation of capital assets
d. Financed by loan or equity
What three cash flow activities are there?Operating operations, financing activities, and investing activities make up a cash flow statement.
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as utility companies tend to serve a whole market exclusively, they are known as blank because the governments involved believe that the product or service would not be supplied otherwise.
As utility companies tend to serve a whole market exclusively, they are known as a natural monopolies because the governments involved believe that the product or service would not
What is natural monopolies?If one firm can serve a market more affordably than any combination of two or more enterprises, that market has a natural monopoly. A natural monopoly is a monopoly in an industry when high infrastructure costs and other obstacles to entry compared to the size of the market provide the largest supplier in an industry, frequently the first supplier in a market, an overwhelming advantage over potential competitors. Any market that is managed by a single seller is considered a monopoly. One particular variety of monopoly is a natural one. High start-up costs, economies of scale, or other naturally occurring barriers to entry are examples of factors that can lead to the creation of a monopoly.To learn more about monopolies refer to:
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cow worship in indian society, a provision of which prohibits eating beef, is a functioning part of that country's society for which of the following reasons? a. The cow provides a means of producing milk b. The cow produces drug used for cooking fuel and fertilizer c. The cow is used for plowing fields
Cow worship in Indian society, a provision of which prohibits eating beef, is a functioning part of that country's society because the cow provides a means of producing milk.
What do you know about indian society?
Based on geographical conurbations and sociocultural traits, Indian society has been widely categorized into tribal, rural, and urban societies. Rural communities, on the other hand, are village societies that primarily depend on caste, nostalgia for the past, and an agricultural economy. Indian society is complex in a way that may not be found in any other of the great civilizations of the world; it is more akin to a region as diverse as Europe than to any other single nation-state. The complexity of Indian society is arguably unmatched by any other of the world's great civilizations.
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_____is an enterprise application module that keeps track of raw material inventories, enables the buying of replenishment, and activates a trigger when new orders are needed.
Material Requirement Planning (MRP) is an enterprise application module that keeps track of raw material inventories, enables the buying of replenishment, and activates a trigger when new orders are needed.
What is Material Requirement Planning?Based on demand and the bill of materials, a material requirements planning (MRP) system determines what raw materials, components, and subassemblies are required, as well as when to assemble the finished goods (BOM). Material requirements planning (MRP) is an inventory management system that uses a number of computer-based platforms to function entirely digitally. MRP is specifically created to increase a company's inventory efficiency by estimating raw material amounts and planning punctual delivery.
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which of the following characteristics would apply to a limited liability company and a limited liability partnership
Limited financial obligation, voting rights for owners, corporate ownership structure, and partnership tax treatment are all present in a limited liability company and a limited liability partnership.
What is a Limited Liability Partnership?
By collaborating, limited liability partnerships (LLPs) enable partners to take advantage of economies of scale while simultaneously lowering their exposure to the acts of other partners. LLPs are flexible legal and tax organisations.
Before becoming overly excited, it is crucial to check the regulations in your country (and your state), as with any legal business. In other words, consult a lawyer first. There is a considerable probability that they have first-hand knowledge of an LLP.
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true/false. if management judges that an operating segment is reportable in year 1 and is of continuing significance, information about that segment should be reported in year 2 even if it does not meet the requirements for reportability in year 2.
False. If an operating segment is considered reportable in year 1 and is of continuing significance, it should meet the requirements for reportability in year 2 in order to be in the financial statements for that year.
The requirements for reportability are defined by accounting standards and typically include factors such as the size and importance of the segment, the level of independent decision-making, and the availability of information. If the segment does not meet the requirements for reportability in year 2, the management should reassess its reportability and may need to discontinue reporting the segment. An operating segment should only be considered reportable if it meets the criteria for reportability in the current period.
This means that even if an operating segment was considered reportable in a previous period, if it no longer meets the criteria in the current period, it should not be considered reportable and therefore should not have information reported about it. The criteria for reportability typically includes factors such as revenue, profit or loss, and assets. The importance of considering only currently reportable operating segments is to ensure that information is up-to-date and relevant for users of financial statetments.
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which of the following is an example of an incentive? group of answer choices money grades a promotion all of these
All of these among the followings are an example of an incentive. Incentives can be used to encourage a range of behaviors, from purchasing decisions to employee performance.
What do you mean by incentive?
Incentives are rewards or advantages that are offered to encourage a certain behavior. They motivate people to act in a certain way by providing them with tangible or intangible rewards. Incentives can be used to encourage a range of behaviors, from purchasing decisions to employee performance. Incentives can be used to influence both individuals and groups, with the ultimate goal of achieving a desired outcome. Incentives can take the form of discounts, loyalty points, rewards, bonuses, recognition, or other forms of compensation. The use of incentives is an effective way to motivate people to achieve desired results and to keep them engaged in the process.
So, all of these are examples of incentive.
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Reviewing accounts for collectability and determining the adequacy of the allowance for doubtful accounts is done in support of the _____ assertion
to make your business messages concise, you should avoid which of the following? group of answer choices fillers and compound prepositions active-voice verbs simple sentences overly wordy and complex sentences
Flabby expressions to make your business messages concise, you should avoid.
What exactly are Flabby Expressions?Expressions that sag out far more than is necessary are called flabby expressions. They occupy important space and make reading more challenging, just like weak words. Weak language is not necessary. Since they don't give any context, it's usually best to exclude them. Words like just, really, thing, it, there was, and very are examples of weak words. Strong language is detailed and simplifies your message.Fillers are words that are lazy. Like verbal pauses in speaking, they have a comparable effect. In graduate school, for instance, I succumbed to "simply."
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fill in the blank. ___ occurs when an organizational buyer has purchased a similar product in the past but has decided to change something like the specifications, price, or supplier.
Modified occurs when an organizational buyer has purchased a similar product in the past but has decided to change something like the specifications, price, or supplier.
What are the organizational buying situations?
Organizational purchasing behaviour, also known as company buying behaviour or organisational buying decisions, refers to how businesses behave when they make purchases of goods or services, whether they do so for resale, replication, or internal use.
The decision-making process through which an organisation determines the need for goods or services is known as organisational buying behaviour.
The market includes other entities outside only the individual customer who makes purchases of goods or services, including businesses. The government, institutions, producers, and resellers are some examples of the large organisational purchasers.
Producers are the company that makes product acquisitions for subsequent manufacturing or replication. Wholesalers, merchants, brokers, and other businesses that buy things to resale are examples of resellers.
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Danny is convinced that the new recycling program implemented at his company is worth the extra effort of sorting his waste. He believes in this so strongly that he reminds everyone in the department that they should all get on board and gives an extensive presentation at the monthly meeting. Danny values...conformity.power.universalism.hedonism.stimulation.
Danny values universalism.
Why recycling is important?
Recycling is a process by which materials that would otherwise be discarded as waste are collected, separated, processed, and converted into new products. Recycling is important for many reasons. It reduces the amount of waste sent to landfills and incinerators, conserves natural resources such as timber, water, and minerals, and helps to reduce the pollution of the air and water. Additionally, recycling reduces the amount of energy used to produce new products, and can create new jobs in the recycling and manufacturing industries. Finally, it helps to preserve and protect the environment by reducing the amount of pollution caused by manufacturing and other processes.
This means that he believes in the idea that everyone should be treated equally, and that everyone should work together to make sure that the environment is protected and preserved. He is passionate about the recycling program and wants everyone to be on board with it. He also believes that everyone should put in the effort to make it successful.
Therefore, universalism is the correct answer.
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Please complete general journal, balance sheet and analysis. Performance Plastics Company (PPC) has been operating for three years. The beginning account balances are Cash Accounts Receivable Inventory Supplies Notes Receivable (due in three years) Equipment Buildings Land Accounts Payable Notes Payable (due in three years) Common Stock Retained Earnings $ 35,000 5,000 40,000 5,000 2,000 80,000 120,000 30,000 37,000 80,000 150,000 50,000 During the year, the company had the following summarized activities: a. Purchased equipment that cost $21,000; paid $5,000 cash and signed a two-year note for the balance. b. Issued an additional 2,000 shares of common stock for $20,000 cash. C. Borrowed $50,000 cash from a local bank, payable June 30, in two years. d. Purchased supplies for $4,000 cash. e. Built an addition to the factory buildings for $41,000; paid $12,000 in cash and signed a three-year note for the balance. f. Hired a new president to start January 1 of next year. The contract was for $95,000 for each full year worked. Requirement General Journal General Ledger Trial Balance Balance Sheet Analysis General Journal tab - Prepare the journal entries to record the transactions (a) through (f). Review the 'General Ledger' and the unadjusted 'Trial Balance' Tabs to see the effect of the transactions on the account balances. General Ledger tab - Each journal entry is posted automatically to the general ledger. Trial Balance tab - The ending balance values from the General Ledger tab flows through to the Trial Balance tab. Balance Sheet tab - Prepare a classified balance sheet at December 31. Analysis tab - Using the information from the requirements above, complete the 'Analysis' tab. Journal entry worksheet B C D E F Purchased equipment that cost $21,000; paid $5,000 cash and signed a two- year note for the balance. Record the transaction. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 PERFORMANCE PLASTICS COMPANY Balance Sheet At December 31 As of December 31 has the financing for PPC's investment in assets primarily come from liabilities or stockh O Liabilities Stockholder's Equity
Journal Entries:
(a) Purchased equipment that cost $21,000; paid $5,000 cash and signed a two-year note for the balance
Dec 31: Equipment 21,000
Dec 31: Cash 5,000
Dec 31: Notes Payable 16,000
(b) Issued 2,000 shares of common stock for $20,000 cash
Dec 31: Cash 20,000
Dec 31: Common Stock 20,000
(c) Borrowed $50,000 cash from a local bank, payable June 30, in two years
Dec 31: Cash 50,000
Dec 31: Notes Payable 50,000
(d) Purchased supplies for $4,000 cash
Dec 31: Supplies 4,000
Dec 31: Cash 4,000
(e) Built an addition to the factory buildings for $41,000; paid $12,000 in cash and signed a three-year note for the balance
Dec 31: Buildings 41,000
Dec 31: Cash 12,000
Dec 31: Notes Payable 29,000
(f) Hired a new president to start January 1 of next year. The contract was for $95,000 for each full year worked
No journal entry needed, this is a future liability.
How do we prepare other records?Trial Balance:
Cash 88,000
Accounts Receivable 5,000
Inventory 40,000
Supplies 4,000
Notes Receivable 2,000
Equipment 21,000
Buildings 41,000
Land 30,000
Accounts Payable 37,000
Notes Payable 95,000
Common Stock 170,000
Retained Earnings 50,000
TOTAL 570,000
TOTAL 570,000
Balance Sheet:
ASSETS:
Cash 88,000
Accounts Receivable 5,000
Inventory 40,000
Supplies 4,000
Notes Receivable 2,000
Equipment 21,000
Buildings 41,000
Land 30,000
TOTAL 271,000
LIABILITIES & STOCKHOLDER'S EQUITY:
Accounts Payable 37,000
Notes Payable 95,000
Common Stock 170,000
Retained Earnings 50,000
TOTAL 362,000
TOTAL 271,000
Analysis:
The company's assets are mostly financed by liabilities and stockholder's equity. The company has $88,000 in cash, $5,000 in accounts receivable, $40,000 in inventory, and $41,000 in buildings. The company also has $29,000 in notes payable, $95,000 in notes payable, $170,000 in common stock, and $50,000 in retained earnings. The company has a total of $271,000 in assets and a total of $362,000 in liabilities and stockholder's equity.
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FILL THE BLANK kurt is responsible for establishing organization-wide policies and strategies, and making long-term decisions that affect the organization as a whole. kurt would be characterized as a ___ manager.
Kurt is responsible for establishing organization-wide policies and strategies, and making long-term decisions that affect the organization as a whole. Kurt would be characterized as a top or senior manager.
Is the post of a senior manager a high position?
Usually, the senior-level managers possess the knowledge and expertise that are required to guide supervisors in their roles. Since this position is a level up from the role of a manager, the level of responsibility increases in terms of this position. The title of senior manager usually follows the manager's background, where they have to oversee their department.
Senior managers' work is to monitor the performance of the staff, improve operational strategies in the organisation, identify the business opportunities, allocate the budgets and resources, set the goals that drive results on increasing the company's revenues and profitability.
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a competitive firm sells its output for $60 per unit. assume that labor is the only input that varies for the firm. the marginal product of the 10th worker is 20 units of output per day; the marginal product of the 11th worker is 16 units of output per day. the firm pays its workers a wage of $150 per day. for the 11th worker, the value of the marginal product of labor is a. $2,400. b. $1,200. c. $960. d. $480.
The value of the marginal product of labor for the 11th worker is $960.
It is calculated by multiplying the marginal product of labor (16 units of output per day) by the price per unit ($60).
16 * $60 = $960.
What is marginal product?
The marginal product of labor (MPL) is the increase in output that results from the addition of one unit of labor, holding all other inputs constant. It measures the amount of output a worker produces, and is used to calculate the value of additional output generated by the worker, which is then compared to their wage. This helps firms determine whether it is economically feasible to hire another worker.
Hence, the answer is, the value of the marginal product of labor for the 11th worker is $960.
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FILL IN THE BLANK. Paula owns a gift shop where every item sold is made from recycled products. All of her marketing efforts are aimed at making her target market feel good about purchasing recycled products and helping the environment. The efforts Paula makes to create a certain perception of her products in the eyes of her target market are referred to as _______.
It is referred to as Positioning. It refers to the place you want your brand or product to have within a particular target market.
Why is positioning in marketing important?Through brand positioning, you may make it clear to whom you are serving. Additionally, it conveys to your target market the benefits of doing business with you and the distinctive qualities of your goods and services. It helps you defend your pricing strategy. A brand's positioning may be used to justify pricing decisions.
What are the 4Ps of marketing?The four Ps stand for products, pricing, places, and promotions. They serve as an example of a "marketing mix," which is the range of tools and strategies used by marketers to achieve their marketing objectives.
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