A primary reason for using standardization is to reduce production costs.
What is the meaning of Standardization?A standardization refers to the process of implementing and developing a technical standards based on the consensus of different parties that include the firms, users, interest groups, standards organizations and governments.
This process helps to maximize compatibility, interoperability, safety, repeatability, quality etc. It also facilitate a normalization of custom processes. In conclusion, the idea of standardization is close to the solution for a coordination problem which is a situation in which all parties can realize mutual gains, but only by making mutually consistent decisions.
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when creating a recipe for a food that you want to produce and sell on a large scale, it is important that most of the ingredients be reliably-sourced, not too hard to find, and what else?
When creating a recipe for a food that you want to produce and sell on a large scale, it is important that most of the ingredients be reliably sourced, not too hard to find, and not too expensive.
An factor is a substance that paperwork a part of a combination. for instance, in cooking, recipes specify which ingredients are used to put together a particular dish. Many commercial merchandises comprises mystery elements which can be purported to make them better than competing products.
Something that enters as an detail into a combination: Flour, eggs, and sugar are the principle elements inside the cake. a constituent detail of some thing; issue: the elements of political achievement.
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nu company reported the following pretax data for its first year of operations. net sales 2,820 cost of goods available for sale 2,420 operating expenses 820 effective tax rate 20 % ending inventories: if lifo is elected 840 if fifo is elected 1,130 what is nu's net income if it elects lifo?
Nu's net income if it elects lifo is $552 if lifo is elected 840 if fifo is elected 1,130.
Calculating the problem:If Nu elects FIFO, we have:
Cost of good sold = Cost of goods available for sale - Ending inventories
= 2,420 - 1,130
= $1,230
Gross profit = Net sales - Cost of good sold
= 2,820 - 1,290
= $1,530
Net operating income = Gross profit - Operating expenses
= 1,530 - 840
= $690
Tax = $690 × 20% = $138
Net income = $690 - $138
= $552
Operating Income:
Operating profit refers to the company's adjusted earnings after deducting all operating expenses and depreciation. Operating expenses or operating expenses are simply the costs incurred to keep a business running.
Is operating income the same as sales?Operating profit is not the same as operating profit. Operating income is the gross cash inflow from primary income-generating activities. Business income is the income after deducting business expenses.
What are good operating income ?A high operating profit margin indicates that the company is making enough money to pay for all the associated expenses necessary to sustain its business. An operating margin of 15% or higher is considered good for most companies.
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what is the primary difference between international trade transactions and international asset transactions? multiple choice question. trade transactions involve large quantities of wholesale goods, while asset transactions involve individual retail quantities. trade transactions involve goods and services, while asset transactions involve the transfer of property rights. trade transactions are controlled by the government, while asset transactions are governed by the free market. trade transactions involve more than two countries, while asset transactions involve a single buyer and a single seller.
The primary difference between international trade transactions and international asset transactions is trade transactions involve goods and services, while asset transactions involve the transfer of property rights.
Global trade, financial transactions which might be made among nations. the various gadgets commonly traded are patron items, which include tv units and apparel; capital goods, which include equipment; and uncooked materials and food.
nearly every kind of product can be observed inside the worldwide marketplace, for example, meals, clothes, spare components, oil, jewelry, wine, stocks, currencies, and water. offerings are also traded, including in tourism, banking, consulting, and transportation. The five principal motives worldwide alternate takes region are differences in generation, differences in aid endowments, variations in demand, the presence of economies of scale, and the presence of government guidelines.
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what is the benefit of including ad extensions in your search ads? take up more space in the serps improve click-through rate provide more value to potential customers all of the above
Ad extensions are an important aspect of optimizing your paid search advertising and can help with ad rank.
These extensions allow you to add additional bits of information to your adverts, which then gives searchers more to read and more reasons to choose your product or service. Ad extensions are an important aspect of optimizing your paid search advertising and can help with ad rank. These extensions allow you to add additional bits of information to your adverts, which then gives searchers more to read and more reasons to choose your product or service.
You can raise your ad rank and outrank your competition if your ad has the same CPC (cost per click) bid and quality score as theirs. Extensions can assist raise your CTR (click through rate) (click through rate). More clicks means more traffic to your site.
Ad Extensions are additional pieces of information that expand your advertisement to make it more useful to users. Ad extensions typically include telephone numbers, additional links from your website, seller reviews.
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if one of the goals of project management is altered to be more aggressive on a specific project without changing either of the others, what happens to project risk?
There is not enough information to determine the effect on risk. Only one of goals of project management. we get information regarding the project if we get information regarding another project risk too. So option a is correct.
management includes the sports of putting the strategy of an corporation and coordinating the efforts of its employees (or of volunteers) to perform its targets through the application of to be had resources, which includes economic, herbal, technological, and human assets. "Run the commercial enterprise"[1] and "trade the commercial enterprise" are concepts that are used in management to distinguish among the continued transport of goods or offerings and adapting of goods or services to meet the changing needs of customers - see fashion. The time period "management" can also consult with the ones folks who manipulate an organization—managers.
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marketing implementation is critical to the success of any firm. simply put, implementation refers to: group of answer choices the process by which employees learn about the marketing strategy. how the marketing plan will be put into action. how the marketing plan will be approved by top management. the process by which the marketing strategy will be developed.
Any business' success depends on its marketing plan being put into action. Implementation simply refers to the process through which the marketing strategy will be carried out. Hence, Option B is correct.
A marketing plan is a tactical road map used by firms to organise, carry out, and monitor their marketing strategy over a specific time frame.
Different marketing strategies might be included in marketing plans for diverse marketing teams across the organisation that are all aiming to achieve the same commercial objectives.
A comprehensive business plan could include a marketing strategy. A well-written marketing plan must start with a strong marketing strategy in order to accomplish goals.
While a marketing strategy includes a list of tasks, it is of little use to a business without a strong strategic base.
Therefore, Option B is correct.
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which trend has the following potential business impact? demand for personnel in distant countries will increase the need for foreign language training, employee incentives suited to other cultures, and many other aspects of performing business globally.
The Correct answer is D. The time to get products and services to market is being shortened by technology. The global economy is becoming more integrated.
The worldwide economy can be defined as the sum of activities that take place both inside a rustic and between one-of-a-kind international locations. each u. s. a . is a separate unit, with its own industrial manufacturing, hard work marketplace, financial market, sources, and surroundings. Economists generally agree that monetary development and increase are stimulated through four factors: human resources, bodily capital, natural sources, and generation. fantastically advanced nations have governments that concentrate on these regions.
Ability blessings of globalization for the financial system include multiplied choice, higher pleasant products, expanded opposition, economies of scale, improved capital flows, multiplied labor mobility, and improved international relations. The global economy affects anyone in the international. It creates jobs and provides human beings with all of the assets they want.
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Complete Question:
Which trend has the following potential business impact? Demand for personnel in distant countries will increase the need for foreign language training, employee incentives suited to other cultures and many other aspects of performing business globally.
A) The growth in information industries is creating a knowledge-dependent global society
B) Pace of technological innovation is increasing
C) The economy and society are dominated by technology
D) The global economy is becoming more integrated
as measured by the amount of time spent in recession, the 1983-2019 period was a. characterized by 4 downturns and 65 months of recession. b. the second most unstable 37-year period in american history. c. characterized by 2 downturns and 72 months of recession. d. the most stable era in american history.
The years 1983 to 2019 were the most stable in American history, according to the length of time the country spent in a recession.
What is recession?When there is a general fall in economic activity, there is a recession, which is a business cycle contraction. Typically, recessions begin when spending declines sharply across the board (an adverse demand shock). A financial crisis, a shock to global trade, a poor supply shock, the deflation of an economic bubble, or a big anthropogenic or natural calamity are a few potential causes (e.g. a pandemic).
According to the definition of a recession, it is "a significant decline in economic activity across the market, lasting more than a few months, often apparent in real GDP, real income, employment, industrial production, and, and financial sector activity, and wholesale-retail sales" in the United States. A similar concept has been accepted by the European Union.
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As a group, oligopolists would always be better off if they would act collectively
a.) as if they were each seeking to maximize their own individual profits
b.) in a manner that would prohibit collusive agreements
c.) as a single monopolist
d.) as a single perfectly competitive firm
The combined actions of oligopolists would always be preferable to those of a single monopolist. The correct response is option (c).
Define Oligopoly.An imperfectly competitive market structure known as an oligopoly is one in which a limited number of businesses sell the same goods. Businesses in this type of market produce profits that are above average due to the high entry barriers.
A scenario known as monopoly occurs when there is only single-seller in the market. In traditional economic theory, the monopolistic situation is seen as the complete antithesis of perfect competition. The demand curve that the monopolist encounters is, by definition, the industry's downward-sloping demand curve.
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Which of the following can be purchased on margin? A Mutual Funds B Initial public offerings of Closed End Funds (со) Closed End Funds trading on the NYSE D I nitial public offerings of Fixed Unit Investment Trusts
The best Answer is C. Closed End Funds trading on the NYSE ,it can be purchased on margin.
New concerns cannot be margined. A closed-end fund or unit trust's initial issuance is also considered a "new issue," as is every issue of a mutual fund's (open-end management company) share. Both are created using prospectuses. Closed-end fund shares, however, are marginable like any other listed stock once they are listed on an exchange and start trading in the market.
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what is the region that satisfies all of the constraints in linear programming called? area of optimal solutions region of optimality region of non-negativity area of feasible solutions profit maximization space
The feasible region is the collection of points that satisfies every restriction.
What does the linear programming solution region go by?A viable region is the area that contains every possible solution to a linear programming problem. Think about a collection of linear inequality. The shaded area on the graph below represents all the points (x, y) that satisfy this collection of linear inequalities.
What areas are possible and unfeasible?Possible and Impossible Area The range of values that satisfy a particular restriction is known as the feasible zone (minimum and maximum value or range of values for an LP equation). On the other hand, if the LP equation is not able to satisfy the constraints, it is said to be infeasible.
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the following is cost information for the creamy crisp donut company: entrepreneur's potential earnings as a salaried worker
Entrepreneur's potential earnings as a salaried worker is $286,000.
How does this occur?
In addition to giving you more financial freedom, increasing your earning potential will provide you the chance to better plan your budget and prepare for significant life expenditures like a home, your children's college expenses, or storing money in a savings account for emergencies.Let's start with the definition of your earning potential (income potential): this is the sum of money you should be able to accumulate over the course of a certain period of time. In other words, this is a reference to your potential for financial gain. Earning potentials are often determined by the highest wage in a given industry or profession.To know more about Earnings here
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The following is cost information for the Creamy Crisp Donut Company:
Entrepreneur's potential earnings as a salaried worker = $50,000
Annual lease on building = $22,000
Annual revenue from operations = $380,000
Payments to workers = $120,000
Utilities (electricity, water, disposal) costs = $8,000
Value of entrepreneur's talent in the next best entrepreneurial activity = $80,000
Entrepreneur's forgone interest on personal funds used to finance the business = $6,000
Refer to the data. Creamy Crisp's total economic costs are:
$286,000
The following is cost information for the Creamy Crisp Donut Company:
Entrepreneur's potential earnings as a salaried worker = $50,000
Annual lease on building = $22,000
Annual revenue from operations = $380,000
Payments to workers = $120,000
Utilities (electricity, water, disposal) costs = $8,000
Value of entrepreneur's talent in the next best entrepreneurial activity = $80,000
Entrepreneur's forgone interest on personal funds used to finance the business = $6,000
Refer to the data. Creamy Crisp's total revenues exceed its total costs including a normal profit by
Which of the following is normally not one of the traditional components of the triple constraint? A. Within time B. Within cost C. Within performance (Scope, technology or quality) D. Accepted by the customer
Out of the choices provided above, being accepted by the customer is normally not one of the traditional components of the triple constraints. Therefore, the option D holds true.
The triple constraints can be referred to or considered as the phenomenon, which is used for the representation of the productivity capacity of a project. The productivity and the capacity of the project depends mainly upon three factors, i.e., within time; within cost; and within performance. It does not take into account, the nature of the consumers in the market.
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Which of the following is NOT one of the principles of user-centered design?
a. Focus early on the users and their work.
b. Evaluate design to ensure usability.
c. Business requirements drive development.
d. Use iterative development.
Business requirements drive development is not one of the principles of user-centered design.
What are the business requirements for a project?Business requirements also referred to as stakeholder requirements specifications, explain a proposed system's characteristics from the perspective of the system's end user, much like a CONOPS. Business requirements outline the capabilities that the organization will need once the project is finished.
They go into detail on how the initiative will alter one's capacities. On the other side, technical requirements specify the methods for meeting each project demand. There are actually four different sorts of requirements that need to be specified when establishing them: business requirements, stakeholder requirements, solution requirements, and transition requirements.
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the dual price measures, per unit increase in the right hand side of the constraint,
The dual price measures, per unit increase in the right-hand side of the constraint the change in the value of the optimal solution.
optimal solutionThe best option for a corporation to solve a problem or achieve its goals is referred to as the optimum solution. The phrase is often used in business. However, it can also be used in economics, military strategy, mathematics, and other situations. It is a different approach that yields the best results in a given situation.
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Which of the following trade policies limits specified quantity of goods to be imported at one tariff rate.
a) Quota
b) Import tariff
c) Specific tariff
d) All of the above
Correct choice is A. A quota is a trade policies limits unique volume of goods to be imported at one tariff rate.
What is quota and example?A quota is a type of trade restriction where a government imposes a restriction on the quantity or the value of a product that another country can import. For example, a authorities may additionally region a quota limiting a neighboring nation to importing no greater than 10 tons of grain.
What is the which means of populace quota?population quota means the range acquired by dividing the population of the Federation or of a State by using the total quantity of constituencies or, as the case may also be, the range of constituencies in that state.
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https://brainly.com/question/24916775#SPJ4How often should a company revise its strategic plan? Multiple Choice 0 continuously 0 closer to every one or two years 0 C every ten years every 0 every five years rather than every two years . every five years rather than every ten years The three types of MBO objectives are Multiple Choice strategic, motivational, and performance. learning, motivational, and proactive. performance, behavioral, and motivational. strategic, performance, and behavioral. performance, behavioral, and learning.
Instead of every two years, a corporation should update its strategy implementation D. every five years.
How does MBO function?Goal - Setting (MBO) is a tactical method for raising an organization's performance. It is a procedure wherein the management of the company clarifies and communicates to its members its goals with the idea of achieving each target.
What advantages does MBO offer?Among the key advantages are: Improvements in management and employee communication. MBO calls for constant two-way communication to track progress toward goals. This offers several chances to make any discrepancies about individual duties and expectations clear and, if necessary, to change objectives.
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one profit-enhancing strategic approach a company can use to adjust to favorable and unfavorable exchange rate adjustments to its total production costs stemming from shipping footwear from production facilities in one geographic region to distribution warehouses in another region is to
one profit-enhancing strategic approach a company can use to adjust to favorable and unfavorable exchange rate to distribution warehouses in another region is to adjust the company's marketing and pricing.
The exchange rate is the price in which the one currency is expressed in terms of the another currency.
The exchange rate adjustments to its total production costs stemming from shipping footwear from production facilities in one geographic region to distribution warehouses in another region is to marketing and pricing.
The marketing is the activity or business of promoting and selling of goods and services according to the geographic region. The marketing include market research and advertising.
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on january 1, 20y1, myner corporation purchased a used machine. myner paid $50,000 down and signed a noninterest-bearing note requiring $250,000 to be paid on 12/31/20y3. the fair value of the machine is not determinable. an interest rate of 8% properly reflects the time-value of money for this type of loan agreement. at what amount should myner record the acquisition of the machine (for rounding differences, choose the closest number)?
248250 is the amount myner should record the acquisition of the machine.
Present value factor of 8% at 3 yrs = (1/1.08)^3 = 0.793
=downpayment + present value of payment made at end of 3rd year 8 % interest factor
=50000+(250000* 0.793)
-50000+198250
=248250
A machine is a bodily machine using energy to apply forces and manipulate motion to carry out an motion. The time period is commonly implemented to artificial gadgets, which include those using engines or motors, but also to herbal biological macromolecules and molecular machines.
The machine is any device that makes paintings simpler. With the assist of machines we are able to do paintings through expending less energy and pressure. Our frame components act as machines. as an instance, our fingers can be notion of as a machine which may be used for lifting up objects easily.
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david is selling his property to mark. at closing, david delivers title to mark, and mark acknowledges that he received title. what has occurred?
Since David only handles one property at a time and has a limited range of responsibilities, the best way to describe his agency connection is to say that he is a special agent.
Who is a special agent?An investigator or detective for a governmental or independent body who specializes in conducting criminal investigations is known as a special agent or federal agent. Generally speaking, certain agents are federal law enforcement personnel with the power to make arrests or to open small-scale criminal or non-criminal investigations. However, in some organizations, a special agent may have both criminal and non-criminal investigative authority but yet not the power to carry out significant criminal investigations. These law enforcement officials have clear authority to carry out both major and minor criminal investigations and to make arrests. Additionally, because they are law enforcement professionals, the majority of special agents are allowed to carry weapons both on and off duty.
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Which of the following is considered to be a relatively weak tool of monetary policy? O A. quantitative easing B. altering the discount rate C. reserve requirements O D. reducing the money supply
Altering the discount rate (B) can be considered to be a relatively weak tool of monetary policy.
Monetary policy is a set of tools made by a nation's central bank to promote sustainable economic growth through controlling the overall money supply available to the nation's bank, its consumers, and business. Monetary policy allows the central bank to control the amount of money supply in the market and economy.
Let's discuss every option we have.
Quantitative Easing or QE is a monetary policy where the central bank purchased as many as possible securities on the open market to achieve a desired outcome. Quantitative easing creates new bank reserves and providing bank with more liquidity. QE encourage bank to do more lending and investment. The central bank will implement QE when the economic growth of a country is stalled.
Altering the discount rate happens when the central bank decides to change the discount rate charge to the banks. Discount rate is the interest rate set by the central bank on loans extended by the central bank to other banks. However altering discount rate will not directly affect the money supply in the economy. Because the bank will only borrow money on discount rate from the central bank if they are unable to keep their reserve requirements after trying to borrow from other banks, which has lower interest rate than the discount rate.
Reserve requirements are the amount of cash that banks must keep on their account to ensure the banks' liquidity. Reserve requirements ensures that the bank is able to meet its liabilities in casse of sudden withdrawals. Reserve requirements will direcly affect the amount of lending the banks can provide to the market. This policy will affect the amount of money supply in the economy directly.
Reducing the money supply cannot be considered as a monetary policy tool. Reducing the money supply is one of the monetary policy objectives. The central bank may have 3 kind of objectives when making monetary policy:
To increase the money supply to encourage more spending in the economyTo decrease the money supply to decrease the inflationTo maintain the money supply to avoid further raised or overinflationLearn more about Monetary Policy here: https://brainly.com/question/28038989
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tom, a student with low functioning asd, works in a small factory type facility where he and his peers with asd assemble items for a major restaurant. in an assembly line arrangement, tom and his peers assemble napkin packages (e.g., napkin, eating utensils, salt, and pepper) for the selected restaurant. what type of work experience does this represent?
On-site supported employment type of work experience does this represent.
What is experience?Experience refers to conscious events in general, and perceptions in particular, as well as the practical knowledge and familiarity produced by these conscious processes.
To have something happen is to have experience. Experiences like your first kiss are an illustration of this. To experience certain emotions, go through certain processes, or take certain actions that could change you or add to your knowledge, opinions, or skills
Servers, bartenders, hosts and hostesses, managers, and assistant managers are a few examples of these positions. BOH refers to the work done in the background to make sure patrons enjoy their meals and experience at a restaurant. Chefs, line cooks, and dishwashers are some of these positions.
Therefore, supported employment type of work experience does this represent.
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on january 1 of the current year, a firm's defined benefit pension plan is amended to increase the benefits for service already provided by employees through that date. the resulting immediate increase in projected benefit obligation (pbo) is $500 at january 1. the average remaining service period of employees covered by the amendment is ten years. service cost for the year is $1,500. actual and expected return on plan assets is $178. the discount rate is 10%. pbo at january 1, including the effect of the prior service grant, is $2,800. the funding contribution for the current year is $1,800. compute pension expense for the current year. $1,372 $1,652 $1,602 $2,102
Pension for CURRENT YEAR , includes +service Fee 1500, expected return 178, Interest cost 280 (2800*10%discount) and Amo PSC 50 (500/10) and pension expense is 1652$.
The pension, what is it?
A pension is a type of retirement plan wherein employees are compensated by their company with recurring payments when they retire in exchange for their years of service. The majority or all of the contributions to a pension are typically made by employers. Defining benefits is another name for a pension plan.
If I leave, do I still get my pension?
If you leave your job, is it possible to withdraw your pension? You risk losing your pension benefits if you quit your work before you can retire. Nevertheless, some pension plans permit you to receive payments after you retire. For further information about your options, review your paperwork.
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the type of maintenance which is periodic in nature is: multiple choice breakdown maintenance. preventive maintenance. all of the choices. corrective maintenance. predictive maintenance.
Breakdown maintenance is preservation performed on a piece of equipment that has damaged down, faulted, or in any other case can't be operated.
The goal of breakdown-maintenance is to restoration some thing that has malfunctioned. To the contrary, preventive maintenance is performed in order to preserve some thing running.
What is a breakdown process?Breakdown is a local process, and in an insulating medium subjected to a excessive voltage difference starts at some thing factor in the insulator the electric powered subject first exceeds the nearby dielectric strength of the material.
There are two types of breakdowns in p-n junctions. Avalanche breakdown happens due to the fast collision of electrons with other atoms. Zener breakdown takes place due to the fact of the high electric powered field. Zener breakdown is the managed model of Avalanche breakdown in a modified p-n junction.
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https://brainly.com/question/14530580#SPJ4when companies employ a multinational pricing policy that calls for setting different prices in different country markets. a) ethnocentric b) polycentric c) regiocentric d) geocentric e) extension
When companies employ a b) polycentric multinational pricing policy that calls for setting different prices in different country markets.
A pricing coverage is a company's technique to figuring out the charge at which it offers a terrific or provider to the marketplace. Pricing policies help groups ensure they continue to be worthwhile and provide them the flexibility to charge separate products in another way.
Pricing technique is exercised to alter the value of the producer's offerings appropriate to each producer and the customer. The pricing relies upon at the agency's average prices, and the customer's perceived value of an object, in comparison to the perceived value of competitors' product.
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When a buyer returns merchandise purchased for cash, the buyer will record the transaction as a 1 debit to Merchandise Inventory and a credit to Cash 2 debit to Cash and a credit to Merchandise Inventory 3 debit to Cash and a credit to Sales 4 debit to Sales and a credit to Accounts Payable
Option 2, When a buyer returns merchandise purchased for cash, the buyer will record the transaction as a debit to Cash and a credit to Merchandise Inventory.
When goods are returned, the accounts receivable or cash account is credited to repay cash or lower what the buyer owes, and the sales returns and allowances account is debited to reduce sales. The accounts involved in the transaction are the purchases account and the cash account if goods are paid for in cash. It debits the purchases account and credits the cash account. The cash account and buyer sales account are the accounts involved in a transaction when goods are sold for cash. It debits the cash account and credits the sales account.
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what is the number of shares that would be repurchased (if the current market price is $50) in the repurchased scenario? what is the dividend per share that could be paid in the dividend scenario? (0.4 points)
The current market on any given day can be determined by looking at the most recent market close and checking stock prices of various companies.
What does Current market mean?
The current market refers to the current state of a market, which includes stock, bond, commodity, and other financial instrument prices. It also includes "market sentiment," which is the collective view of buyers and sellers on the future direction of prices.
What is the number of shares that would be repurchased (if the current market price is $50) in the repurchased scenario?
In the repurchase scenario, the number of shares that would be repurchased is equal to the total dollar amount of the repurchase ($4,100,000,000) divided by the current market price of the shares ($50). This would result in 82,000,000 shares being repurchased.
What is the dividend per share that could be paid in the dividend scenario?
In the dividend scenario, the dividend per share that could be paid would be equal to the total dollar amount of the dividend ($4,100,000,000) divided by the total number of outstanding shares ( 82,000,000 ). This would result in a dividend per share of $50.
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martina expected to build her direct sales business to the point that she could quit her day job after six months. five months later, she barely has any customers. martina a. is a domineering manager. b. has overestimated what she can do. c. should take on a partner. d. knows her market well.
Martina expected to build her direct sales business so that she could quit her day job after six months. five months later, she barely has any customers. Martina is a domineering manager.
A business is an organization or enterprising entity engaged in commercial, industrial, or expert activities. corporations may be for-earnings entities or non-earnings corporations. commercial enterprises' kinds range from confined legal responsibility businesses to sole proprietorships, companies, and partnerships. exact enterprise describes agencies that have broadened the definition of fulfillment past the bottom line to encompass the effect the organization has on all components, their communities, and even the arena. In different words, it is outward attention.
The fundamentals of the business enterprise are the primary steps you need to take as a way to achieve success. studying your clients and know-how their needs and expectancies will help you create a sustainable enterprise however you have to first start with the simple commercial enterprise skills required. An enterprise is a monetary organization engaged in the production and/or distribution of products and services so that it will earn earnings and collect wealth. whatever may be the form of commercial enterprise agency, for instance, Sole dealer ship, Hindu Undivided circle of relatives, or Partnership company.
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wookie company issues 6%, five-year bonds, on january 1 of this year, with a par value of $107,000 and semiannual interest payments. semiannual period-end unamortized premium carrying value (0) january 1, issuance $ 8,251 $ 115,251 (1) june 30, first payment 7,426 114,426 (2) december 31, second payment 6,601 113,601 use the above straight-line bond amortization table and prepare journal entries for the following. (a) the issuance of bonds on january 1. (b) the first interest payment on june 30. (c) the second interest payment on december 31.
Bond premium per year = $1630.20
Bond premium per 6 months = $815
What is Bond premium?If the bond's purchasing price exceeds its face value, a taxpayer must pay a premium. The premium is the discrepancy between the face value and the purchasing price. Taxpayers who pay premiums for bonds may, and in certain situations, are required to, amortize those premiums.
Date General Journal Debit Credit
01-jan cash $115,251
Premium on bonds payable $8,251
Bonds payable $107,000
(to record issuance)
30-jun Internet expense $2,385
Premium on Bonds payable
($8251-7426) $825
Cash ($107000*6%*6/12) $3210
(to record #1 interest)
31-Dec Interest Expense $2385
Premium Bonds payable
($7426-6601) $825
Cash($107000*6%*6/12) $3210
(to record #2 interest)
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for each of the following goods, decide whether they are rival and whether they are excludable. explain your answer (1 point each). a. a free public lecture at a university held in a lecture hall. b. a public park. c. a forest used by local people to collect firewood. d. seats in broadway to watch a musical. e. citi bikes available for the public in nyc to hire and travel around the city.
If only one person can consume something while also keeping others from doing so, it is RIVALROUS. If one can restrict others from using something, it is EXCLUDABLE.
A free public lecture given in a lecture hall at a university is neither controversial nor exclusive because it is open to all; therefore, no one can utilize it privately.Noise made by aircraft near an international airport is neither RIVALROUS nor EXCLUDABLE because it is created in the atmosphere and is transferable through air.A public park is neither RIVALROUS nor EXCLUDABLE because it is a public good and is intended for use by all. Theater seats for a musical—since theatre seats can be purchased by anyone, they are not reserved for any one person. However, one must buy a seat and may forbid others from using it. Therefore, it is EXCLUDABLE rather than RIVALROUS. Bicycles that can be rented by the general public and used to get about a city are not considered risqué but are excluded since they must be rented.Therefore, it is EXCLUDABLE rather than RIVALROUS.
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