account cash accounts receivable prepaid rent office furniture office supplies accumulated depreciation notes payable accounts payable wages payable owner's capital in a balance sheet

Answers

Answer 1

Assets = Liabilities + Owner's Capital - Owner's Withdrawal + Revenue - Expenses

$42,300 = $13,700 + $52,200 - $24,200 + $ 9,400 - $8,800

What is Revenue?

In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales. The difference between revenue (from the selling of goods or services) and running expenses is operating income.

Non-operating revenue, which comes from secondary sources, is irregular or nonrecurring expenses (e.g., lawsuit proceeds).

Governments, charities, and other non-profit organizations, as well as private persons, all record revenue, albeit the methods and sources used vary.

While expenses or profit includes the costs incurred in generating revenue and reports net (not gross) results, revenue simply refers to the proceeds from sales.

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Account Cash Accounts Receivable Prepaid Rent Office Furniture Office Supplies Accumulated Depreciation
Account Cash Accounts Receivable Prepaid Rent Office Furniture Office Supplies Accumulated Depreciation

Related Questions

Entrepreneurs are often both owners and
A.creditors
B.employees
C. Customers
D. Suppliers​

Answers

Answer:

B.employees

Explanation:

An entrepreneur is a person who starts and runs a business, typically taking on a significant level of risk and responsibility in the process. As the owner of a business, an entrepreneur has a financial stake in the success of the enterprise and is responsible for making key decisions about its direction and operations. At the same time, entrepreneurs are often also employees of their own businesses, working to create and sell products or services, manage operations, and build the company.

Service utility is rapidly becoming the most important utility for many ________ as they face competition from direct marketing forces, such as the Internet and catalogs.a) wholesalersb) discountersc) marketersd) retailers

Answers

As retailers compete with direct marketing forces like the Internet and catalogues, service utility is quickly taking the top spot among utilities for many of them. The correct answer is option (d).

What is Direct marketing?

A highly common and effective way to tell consumers about goods and services is through direct marketing. Instead of employing a billboard or magazine advertisement to act as a middleman between the business and the consumer, it's a means to communicate with consumers & potential customers directly.

Numerous mediums can be used for direct marketing, including mail, phone calls, emails, pamphlets, and discounts. Recently, direct marketing has become more widespread. Organizations of many stripes employ direct marketing.

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Match the following descriptions to the appropriate element of Lean Manufacturing A system involving every employee that is based on making little changes on a regular basis, anywhere changes can be made, to reduce process, delivery, and quality problems Managers must support LEAN Manufacturing by providing subordinates with the skills, tools, time, and other necessary resources to identify problems and implement solutions Move people and materials when and where needed, and as soon as possible A systematic process of effective workplace organization and standardization which allows identification of variations from standard operating conditions Firms reduce costs by eliminating wait times, Inventories, material and people movement processing steps, variability, and any other non value-adding activity Kanbans Workforce Commitment Lean Layout Waste Reduction Continuous Improvement Changeover Time Reduction Setup Time Reduction Lean Supply Chain Relationships Small Batch Scheduling

Answers

Match the following descriptions to the appropriate element of Lean Manufacturing

A system involving every employee that is based on making little changes on a regular basis, anywhere changes can be made, to reduce process, delivery, and quality problems - Continuous Improvement

Managers must support LEAN Manufacturing by providing subordinates with the skills, tools, time, and other necessary resources to identify problems and implement solutions - Workforce Commitment

Move people and materials when and where needed, and as soon as possible - Lean Layout

A systematic process of effective workplace organization and standardization which allows the identification of variations from standard operating conditions - Lean Supply Chain Relationships

Firms reduce costs by eliminating wait times, Inventories, material, and people movement processing steps, variability, and any other non-value-adding activity - Waste Reduction

What is a Context clue?

Any kind of hint or idea reflects from the statements which help the reader to understand the clear context in which the word is used refers to a context clue. This clue helps the reader to determine the appropriate meaning.

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The _____provides an entrepreneur a way to assess a firm's ability to meet all its obligations (short and long-term).

Answers

The debt ratio provides an entrepreneur a way to assess a firm's ability to meet all its obligations (short and long-term).

A debt ratio is a financial ratio that measures how much leverage a company has. A decimal or percentage expression of the ratio of total debt to total assets is referred to as the debt ratio. You might think of it as the percentage of a company's assets that are financed by debt.

A ratio greater than one indicates that a significant portion of a company's assets are financed by debt, indicating that the company has more liabilities than assets. In the event of a rapid spike in interest rates, a company with a high ratio may be at risk of loan default. When a company's assets are backed by equity to a larger extent than debt, the ratio is lower than 1.

The formula for calculating a company's debt ratio is:

Debt ratio=  Total assets / Total debt

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The average squared difference between the actual return and the average return is called the:a. volatility return.b. variance.c. standard deviation.d. risk premium.e. excess return.

Answers

The variance is the average of the squares difference between the real return and the average return. The answer is option (b). variance.

What is Variance?

Variance is the statistical evaluation of the numerical variation within a data set. Variance measures how far distant each number in the gathering is from the average (average) and, as a result, from one another.

Statisticians use variance to study how various numerical values interact to each other within a collection of data rather than more basic mathematical techniques like classifying numbers into quartiles. The advantage of variance is that it treats all deviations from the average equally in terms of their true directional nature. The data is considered to be absolutely unvariable since the sum of the squared difference can never equal zero.

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When one party has no reason to know that the contract is illegal, that party can often recover any benefits conferred in a partially executed contract. T or F

Answers

True, when one party has no reason to know that the contract is illegal, that party can often recover any benefits conferred in a partially executed contract.

What is a Contract?

A contract is a legally binding agreement between two or more parties that creates a duty to do or refrain from doing certain things. A contract usually involves the exchange of goods, services, money, or any combination of these. It can be written, verbal, or implied, and the terms of the agreement primarily define each party's rights and obligations.

What does an service mean?

A "service" is an action or task performed for the benefit of another. In most cases, services are intangible, which means they cannot be physically touched or held. Accounting, consulting, education, health care, legal advice, transportation, and web design are all examples of services.

Thus the answer is TRUE.

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in the phase, managers examine a situation and then identify and define the problem or opportunity.

Answers

In the consideration phase, managers examine a situation and then identify and define the problem or opportunity.

In the consideration phase managers carefully examine a situation and then identify and define the problem or opportunity that needs to be addressed. This phase involves collecting and analyzing data and information about the situation and using critical thinking and problem-solving skills to identify the underlying issues and challenges. By clearly defining the problem or opportunity, managers can better understand the scope and nature of the issue, and can develop more effective solutions.

Additionally, defining the problem or opportunity can help to focus the team effort and ensure that they are working towards a common goal. Overall, the consideration phase is an important step in the problem-solving process, as it helps managers to accurately identify and define the problem or opportunity that needs to be addressed.

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Which of the following is not a feature of a private limited company? *
A.Shares can be issued to raise capital B.Shares can be bought and sold on the Stock Exchange
C.All owners of the business have limited liability
D.The business continues after the death of a shareholders​

Answers

Answer:

B. Shares can be bought and sold on the Stock Exchange.

Explanation:

An implication of the Tiebout model is that comparable houses in a community with a relatively _____ level of taxes, given a level of public goods, will be worth _____.
(a) low; less
(b) high; less
(c) high; more
(d) Both A and C are correct.
(e) Both A and B are correct

Answers

An implication of the Tiebout model is that comparable houses in a community with a relatively high level of taxes, given a level of public goods, will be worth less.

What are the Implications?

An implication is a noun that refers to the act of implying (that is, implying something without saying it explicitly) something that is implied or suggested. It is also used to refer to the act of implication (i.e. evidence of a person's involvement in a crime) and the state of implication. Show what conclusions can be drawn from the results.

“Implication” is often used interchangeably with “effect”. However, they are not the same.

An implication of the Tiebout model is that comparable houses in a community with a relatively high level of taxes, given a level of public goods, will be worth less.

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susan and stan collins live in iowa, are married and have two children ages 6 and 10. in 2021, susan's income is $43,120 and stan's is $12,000 and both are self-employed. they also have $500 in interest income from tax exempt bonds. the collins enrolled in health insurance for all of 2021 through their state exchange but did not elect to have the credit paid in advance. the 2021 form 1095-a that the collins received from the exchange lists the following information: Annual premiums $9,800
Annual premium for the designated silver plan in the state $10,800
Federal Poverty Line for a family of four $26,200
Compute the Collins' premium tax credit for 2021.
Click here to access the 2021 Applicable Figure Table.
Round any division to two decimal places before converting to a percent. If required, round your final answer to the nearest dollar.
$

Answers

Excess advance premium tax credit is $6.628.5 and the repayment amount is $1,600.

What is tax credit ?

A tax credit is an incentive for paying taxes that enables some taxpayers to reduce the amount of money they owe the state by the amount of the credit they have accumulated. In some circumstances, a state "discount" may be imposed, or it may be a credit given in acknowledgement of prior tax payments. A tax credit may also be thought of as a rebate.

A refundable tax credit is one in which the government reimburses the taxpayer for any excess above the amount of taxes owed. It allows for a negative tax liability, to put it another way. With a non-refundable tax credit, the taxpayer does not pay any taxes if the credit amount exceeds the amount of taxes owed.

To solve the question :

Particular                                                                                                  Amount

Susan's income                                                                                     $43,120

Stan's income                                                                                        $12,000

Interest income                                                                                        $500

Modified AGI                                                                                         $55,620

Federal Poverty Line                                                                            $26,200

Modified AGI % on Federal Poverty Line (55620/26200)                    212%

Eligible Credit %                                                                                      7.05%

6.54% + (8.36% - 6.54% ) × 14% / 50%

Eligible Credit (55620 × 7.05%) (A)                                                       $4171.5

Annual premium for the designated silver plan in the state (B)          $10,800

Excess advance premium tax credit (B-A)                                          $6,628.5

Total advance payment of the premium tax credit                              $9,800

Excess advance premium tax credit                                                   $6.628.5

(Maximum Cap is $1,600)                                                                       $3171.5

Repayment amount                                                                                 $1,600

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Paula is currently spending all of her budget and she finds that the marginal utility per dollar from dresses exceeds the marginal utility per dollar from hats. To maximize her​ utility, Paula should therefore buy
A. probably change her purchases but more information is needed to determine if she should buy more or fewer dresses and hats.
B. more dresses and hats.
C. more dresses and fewer hats.
D. fewer dresses and hats.
E. more hats and fewer dresses.

Answers

Hats' marginal utility per dollar is lower than dresses' marginal utility per dollar. Paula should consequently purchase more dresses and fewer hats in order to optimize her utility.

How Marginal Utility Works:

The pleasure a consumer has from owning one additional unit of an item or service is known as marginal utility. The idea of marginal utility is used by economists to forecast how much of a good consumers would purchase.

What different forms does marginal utility take?

The three main types of marginal utility are increasing marginal utility, zero marginal utility, and point of diminishing utility. Consumers frequently experience higher marginal utility when the marginal cost is lower.

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arctica manufactures snowmobiles and atvs. these products are made in different departments, and each department has its own manager. each responsibility performance report includes only those costs that the department manager can control: direct materials, direct labor, supplies used, and utilities. for year ended december 31 budget actual snowmobile atv snowmobile atv direct materials $ 21,300 $ 29,300 $ 21,220 $ 30,800 direct labor 12,200 22,300 12,640 23,220 department manager salaries 6,100 7,000 6,200 6,200 supplies used 5,280 1,080 4,970 1,160 utilities 540 720 510 680 rent 7,500 8,100 7,100 8,100 totals $ 52,920 $ 68,500 $ 52,640 $ 70,160

Answers

.SW=Snowmobile

Given:

SM ATV Combined SM ATV Combine

           Budget       |   Actual

Raw materials $19,990 $28,000 $47,990 $19,920 $29,320$49,240

Employee wages 10,900 21,000 31,900 11,210 21,740 32,950

Dept. manager salary 4,800 5,700 10,500 4,900 4,900 9,800

Supplies used 3,850 1,400 5,250 3,670 1,420 5,090

Depreciation- Equip. 6,500 13,000 19,500 6,500 13,000 19,500

Utilities 410 590 1,000 380 550 930

Rent 6,200 6,800 13,000 5,800 6,800 12,600

Totals $52,650 $76,490 $129,148 $52,380 $77,730 $130,110

A budget that compares actual and budgeted amounts under the controlled costs in a department is a responsibility accounting performance report. Rent and utility costs in this case cannot be regulated, hence they are not included.

Snowmobile: what is it?

A snowmobile, sometimes referred to as a Ski-Doo, snowmachine, sled, motor sled, motor sledge, skimobile, or snow scooter, is a motorised vehicle created for use in the winter for transportation and fun on snow. It doesn't need a road or path to work because it is built to travel on snow and ice, however the majority of people drive on trails or open areas. The sport of snowmobiling has become a popular serious interest for many individuals.

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T/FTo qualify under Chapter 7, a debtor must complete a means test to determine whether the debtor has been living within his or her means.

Answers

Based on bankruptcy rules and regulations, it is False that to qualify under Chapter 7, a debtor must complete a means test to determine whether the debtor has been living within his or her means.

What is Bankruptcy?

Bankruptcy is a business or legal term that is used to describe the legal proceeding prompted when a person or business is incapable to repay outstanding debts or obligations.

Usually, the term bankruptcy involves the process which starts with a petition filed by the debtor, which is often common, or on behalf of creditors, which is less common.

Generally, before a debtor qualifies for Bankruptcy, he must satisfy certain requirements.

Under Chapter 7 of the Bankruptcy Code, a debtor must file for the following:a certificate of credit counseling and a copy of any debt repayment plan developed through credit counseling; there must be evidence of payment from employers, if any, received 60 days before filing;there must be a statement of monthly net income and any anticipated increase in income or expenses after filing;there must be a record of any interest the debtor has in federal or state-qualified education or tuition accounts

Hence, in this case, it is concluded that the correct answer is False.

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statutory laws multiple choice include regulations developed by the federal trade commission. grow out of court decisions. include regulations developed by the better business bureau. are based on legislation passed either by state legislatures or by congress. are established by local, state, and federal regulatory agencies.

Answers

Statutory laws are based on legislation passed either by state legislatures or by Congress. Hence, option (C) will be regarded as suitable.

Give a brief account on statutory laws.

Federal statutory laws are those that the United States Congress has passed. The House of Representatives and the Senate receive a public law bill that proposes a new federal statutory law. The law will go before a special committee for assessment, be exposed to hearings, and be discussed. These actions aid in ensuring that the legislation is acceptable and valid. The House and Senate will vote on the statute following examination. If the legislation is accepted, it will be sent to the president, who has the power to either veto (block) or approve it. The law will then be officially numbered, given a title, and published in the United States Code legal books.

Take the example of driving 55 miles per hour beyond the posted limit on a highway. But because you must hurry, you choose to travel at 70 mph. You are stopped by a police officer and issued a ticket for exceeding the speed limit. You have violated a traffic and automobile law. This regulation is a statute that has been formally authored and approved by the legislature. The law you broke was therefore a statutory law.

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Which of the following equilibrates the supply of and demand for loanable funds?
a) Growth rates
b) Interest rates
c) Stock prices
d) Government spending

Answers

Interest rates equalize the supply and demand of loanable money. Here option B is the correct answer.

The supply and demand of credit are influenced by interest rate levels: a rise in demand for money or credit will result in higher interest rates, whilst a fall in demand for credit would result in lower interest rates.

The relative demand for loanable funds increases together with the interest rate. As relative loanable funds become more readily available, the interest rate declines. While the demand for loanable funds is falling, their supply is rising.

The rate of return on any investment outlay will rise when the economy is performing well. The demand for loanable money will increase as a result, increasing the real interest rate.

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Ralph has a car loan through North American Bank for his 2020 Corvette Stingray. Ralph is considered the _____.

Answers

Ralph has a car loan through North American Bank for his 2020 Corvette Stingray. Ralph is considered the debtor.

A debtor or debitor is a prison entity (prison man or woman) that owes a debt to every other entity. The entity can be an person, a firm, a central authority, a enterprise or different felony man or woman. The counterparty is known as a creditor. while the counterpart of this debt association is a bank, the debtor is more often called a borrower. If X borrowed money from their financial institution, X is the debtor and the bank is the creditor. If X places money inside the financial institution, X is the creditor and the financial institution is the debtor. It is not against the law to fail to pay a debt. except in positive bankruptcy situations, borrowers can choose to pay money owed in any precedence they select.

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Which of the combinations of actions will likely provide the biggest competitive benefits in helping a company achieve a differentiation-based competitive advantage over some/many of its rivals that are selling multi-featured cameras?
A. harging prices for multi-featured cameras that are $10 higher than any other company in the industry in all four geographic regions and striving to market multi-featured cameras with a targeted P/Q rating that is about 0.5-stars above the prior year's industry average (as shown in the graph at the bottom of p. 4 of the most recent GLO-BUS Statistical Review)
B. Offering buyers 5 models of multi-featured cameras with a P/Q rating of 4-stars or higher and a warranty period of 2 years, spending above-average amounts on quarterly advertising in all four geographic regions, and having 2 quarterly promotions of 4 weeks each with a discount of 16% or higher in all 4 geographic regions
C. Striving to have a total compensation pay package for full-time PAT members that is the highest in the industry, outspending all other companies in the industry on corporate social responsibility and citizenship, and charging prices for multi-featured cameras that are $2-$3 below the most-expensively priced multi-featured camera in the prior year in all four geographic regions
D. Spending heavily on quarterly PAT training and productivity improvement, outspending all other companies in the industry on corporate social responsibility and citizenship, and marketing multi-featured cameras with a 4-star or higher P/Q rating
E. Charging prices for multi-featured cameras that are $5 or more above any other company in the industry in all four geographic regions and offering buyers a choice of 3 models of multi-featured cameras with a P/Q rating of 3.5-stars or higher

Answers

A harging prices for multi-featured cameras that are $10 higher than any other company in the industry in all four geographic regions and striving to market multi-featured cameras with a targeted P/Q rating that is about 0.5-stars above the prior year's industry average.

Hence, Option A is correct.

What do you mean by competitive pricing?

Competitive Based Pricing (or Competition Based Pricing) is a pricing strategy in which your competitors' price points have a significant impact on your own. This strategy has the market as its primary focus rather than your costs (Cost Plus Pricing).A method known as competitive pricing involves setting a product's price in line with those of competitors. A real-world illustration is the cost of well-liked goods on Ama-zon.com. The retail behemoth gathers information on competitors' prices and uses it to provide the best deal available.

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prompt the user for a purchase order id number and save this value. if the purchase order number is not one of the following then print an error and exit the program. x111, x122, b333, r100 prompt the user for a quantity and save this value. calculate a total price using the following information: x111 is a computer with a price of 450.00 x122 is a monitor with a price of 145.00 b333 is a keyboard with a price of 45.00 r100 is a mouse with a price of 25.00 multiply the quantity times the price and print out the results so they look like: order: xxx (where xxx is the purchase order number entered by the user) item: xxxx (where xxxx is the item name associated with the purchase order) quantity: xx (where xx is the quantity entered by the user) total: $xxx.xx (where xxx.xx is the quantity times the price associated with the order number. write python methods that perform the following (using the names listed below) getorder() -- prompts the user and returns the order number getquantity() -- prompts the user and returns the quantity getname( id ) --- pass the order number and return the name of the associated item getprice( name ) -- pass the item name and return the price of the item of the item associated with the item name

Answers

Program in Python to calculate the total of a purchase, functions are used for each action of the algorithm. Below is an image of the screen output and the code.

Python Code

def getorder(orderid):

print("Purchase order id: ", end="")

orderid = input()

return orderid

def getquantity(qty):

print("Entry quantity: ", end="")

qty = float(input())

return qty

def getname(orderid, itemname, order):

for x in range(4):

 if orderid==order[x][0]:

  itemname = order[x][1]

  return itemname

def getprice(itemname, itemprice, order):

for x in range(4):

 if itemname==order[x][1]:

  itemprice = float(order[x][2])

  return itemprice

if __name__ == '__main__':

# Define variables

qty = float()

total = float()

itemprice = float()

order = str()

itemname = str()

orderid = str()

valided = bool()

valided = False

order = [[str() for ind0 in range(3)] for ind1 in range(4)]

order[0][0] = "x111"

order[1][0] = "x122"

order[2][0] = "b333"

order[3][0] = "r100"

order[0][1] = "Computer"

order[1][1] = "Monitor"

order[2][1] = "Keyboard"

order[3][1] = "Mouse"

order[0][2] = "450"

order[1][2] = "145"

order[2][2] = "45"

order[3][2] = "25"

# Entry data

print("Calculate a total price")

orderid = getorder(orderid)

for x in range(4):

 if orderid==order[x][0]:

  valided = True

  itemname = getname(orderid,itemname,order)

  itemprice =getprice(itemname,itemprice,order)

if valided!=True:

 print("Error")

else:

 qty = getquantity(qty)

# total calculation

 total = itemprice*qty

# Output

 print("")

 print("Order: ",orderid)

 print("Item: ",itemname)

 print("Quantity: ",qty)

 print("Total: $",total)

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A company's past profits that are not paid out in dividends are ______.a. cashb. dividendsc. reported as income for the current yeard. retained earnings

Answers

A company's past profits that are not paid out in dividends are retained earnings. The correct option is d.

What are retained earnings?

Retained earnings can be understood as the cumulative net earnings or profits of a company after accounting for dividend payments. Retained is an important concept in accounting, and it explains the fact that because those earnings were not paid out to shareholders as dividends, they were instead retained by the company. Companies may choose to use their retained earnings to increase their production capacity, hiring more sales representatives, launching a new product, or even share buybacks among others.

To assess a company’s financial health retained earnings are an important variable

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Assume good Z is produced in a competitive output market that is in long-run equilibrium. In the short run, the variable input is unskilled labor whose wage is determined in a competitive labor market. Suppose there is an increase in consumer demand for good Z. Which of the following explains the resulting change in the labor market for unskilled workers in the short run?
The price of good Z increases and the labor demand curve shifts to the right along the existing labor supply curve, resulting in higher wages and employment of unskilled workers

Answers

The price of good Z increases and the labor demand curve shifts to the right along the existing labor supply curve, resulting in higher wages and employment of unskilled workers.

The labor demand for hard work is an economics principle derived from the call for for a company's output. that is, if call for a firm's output will increase, the firm will call for more exertion, therefore hiring extra staff. call for for labor is a derived demand. this indicates it relies upon on demand for the product the employee is producing. The demand for labor will even depend upon labor productivity, the rate of the coolest and their universal profitability to a firm.

The demand and supply of exertions are decided within the hard work marketplace. The contributors in the hard work market are people and corporations. people deliver labor to companies in trade for wages. corporations call for exertions from employees in alternative for wages.

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swifty company follows the practice of pricing its inventory at lcnrv, on an individual-item basis. item no. quantity cost per unit estimated selling price cost to complete and sell 1320 1,500 $3.30 $4.64 $1.65 1333 1,200 2.78 3.50 1.03 1426 1,100 4.64 5.15 1.44 1437 1,300 3.71 3.30 1.39 1510 1,000 2.32 3.35 1.44 1522 800 3.09 4.02 0.82 1573 3,300 1.85 2.58 1.24 1626 1,300 4.84 6.18 1.55 from the information above, determine the amount of swifty company inventory.

Answers

The amount of the inventory Swifty Company is $35,402

What is meant by inventory?

The products and supplies that a company keeps in stock with the intention of reselling, producing, or using them are referred to as inventory or stock. Hence defining the size, location, and shape of stocked commodities is a major focus of inventory management.

Given:

a) Data and Calculations:

Item No. Quantity    Cost per   Estimated   Cost to  NRV  LCNRV Inventory                                

                                   Unit       Selling Price     Sell                              Value

1320         1,500         $3.30       $4.64           $1.65   $2.99  $2.99    $4,950

1333         1,200           2.78        3.50              1.03     2.47    2.47      $ 3,336

1426        1,100             4.64         5.15             1.44      3.71     3.71       $ 5104

1437         1,300           3.71          3.30             1.39     1.91     1.91         $ 4,823

1510          1000          2.32         3.35             1.44      1.91     1.91         $ 2320

1522         800            3.09         4.02             0.82      3.2      3.2       $2,472

1573       3,300            1.85         2.58              1.24      1.34    1.34        $6,105

1626      1,300            4.84          6.18               1.55      4.63    4.63     $6,292

Inventory value =                                                                               $35,402

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which of the following controls can minimize the threat of mistakes in counting incoming inventory? group of answer choices the use of positive pay. do not inform receiving employees about quantity ordered. the use of ers. perpetual inventory system.

Answers

By not informing receiving employees about the quantity ordered, the controller can minimise the threat of mistakes in counting incoming inventory.

What is incoming inventory?You can utilise a transfer to make sure you get everything you ordered when your inventory arrives. Receiving inventory denotes the act of evaluating an item after it has arrived and deciding whether to accept or reject it.The Incoming Inventory report provides a summary of the items you can expect to receive from your Active Purchase Orders during a given time period.

How are incoming inventories managed?Techniques and best practises for small business inventory managementImprove your predictions.Apply the FIFO principle (first in, first out).Determine low-turn stock.Examine your stock.Utilize software for cloud-based inventory management.Keep an eye on your stock levels at all times.Speed up equipment repairs.

By not informing receiving employees about the quantity ordered, the controller can minimise the threat of mistakes in counting incoming inventory.

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when a t-rec machine does not halt, the input string: group of answer choices is not in the language of the machine could be a member of the language of the machine (or not) remains on the tape

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The Turing machine will halt on every input if the system is consistent, however this cannot be demonstrated in a robust enough proof method because of Gödel's incompleteness theorems.

It is not true that every input will cause every Turing computer to halt or go into an infinite loop. The fact that many Turing machines do both and instead consistent continue indefinitely without ever entering an infinite loop is important to their ability to compute. The Halting problem asks whether a particular algorithm will halt (or stop) at a particular point in time. When an algorithm is applied to a given input.

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you purchase one mbi july 140 call contract (equaling 100 shares) for a premium of $19. you hold the option until the expiration date, when mbi stock sells for $153 per share. you will realize a on the investment.
$600 profit
$600 loss
$1,300 profit
$1,300 loss

Answers

Hence you will realize a loss of $600 on the investment.

Define call option.

A call option is a contract that exists between a buyer and a seller of a call option to swap securities held at a specific price within a specific timeframe. When the difference between the stock price and the strike price at expiration is less than the premium paid, the call's owner makes a profit. If the underlying stock continues to trade below the strike price, the writer of a call option will benefit.

To calculate the profit realized on the investment

Given:

Profit from call option= (153- 140) × 100

Profit from call option= $1,300

Profit from premium= 19 × 100

Profit from premium= $1,900

Profit on investment= Profit from call option - Profit from premium

Profit on investment = 1,300 - 1,900 = -$600

So there is a loss of $600

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in 2016, angel purchased 260 shares of flowers r us stock at a cost of $9,600 as an investment. in 2021, when the fair market value was $11,400, angel gave the stock to a relative, alex. assuming no gift tax was paid, if the stock sells for $13,800, alex will recognize:.

Answers

Alex will recognize a gain of $4,200. Shares are created from a company's capital.

Each share serves as a unit of ownership in a company and is made available for sale in order to raise money for it.

Equity shares and preference shares are the two basic types into which shares can be separated. Equity shares allow their owners the ability to vote at annual general meetings and share in the company's profits. Such a stakeholder is responsible for both the company's losses and earnings.

In the given question,

                                 Cost Price = $9,600

                                 Selling Price = $13,800

                                 Profit = Selling Price - Cost Price

                                           = $13,800 -$9,600

                                           = $4,200

Therefore, $4,200 is the required gain for Alex.

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a shareholder who is given preemptive rights can purchase a percentage of the new shares being issued that is equal to the percentage of shares already held in the company.

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A shareholder given preemptive rights can purchase a percentage of the new shares being issued that is equal to the percentage of shares already held in the company. - True

Preemptive rights, commonly referred to as subscription rights, allow shareholders to buy a proportionate part of any new securities that the company issues. This implies that, for instance, if a firm issues additional shares of stock, shareholders having preemptive rights have the right to buy a proportion of those new shares equal to the proportion of shares in the company that they currently own.

This allows shareholders to keep their ownership stake in the business even if it issues fresh shares to the general public or to other investors.  These rights can be an important mechanism for protecting the ownership interests of shareholders, particularly in cases where the company is issuing a large number of new shares that could dilute the value of existing shares.

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concentrate on a limited number of complementary merchandise categories targeted toward very specific market segments by offering deep nut narrow assortments and sales associate expertise

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Specialty stores concentrate on a limited number of complementary merchandise categories targeted toward very specific market segments by offering deep nut narrow assortments and sales associate expertise.

A specialty store offers a broad selection of products from a certain niche. Specialty stores include furniture shops, florists, sporting goods shops, and bookshops. Retail establishments that concentrate on certain product categories are sometimes known as specialty shops. Instead of selling goods in bulk for eventual resale, retail establishments sell modest quantities of commodities for immediate consumption. Although they focus on a particular product area, specialty shops can also sell a wide range of goods.

Focusing on a specific class of goods is one of a specialty store's main advantages. This offers business owners and workers the ability to gain knowledge and a reputation for variety and competence within the store's designated specialization.

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when the fed buys bonds from the public, banks' reserves and the quantity of money in circulation .

Answers

The Federal Reserve buys and sells authorities securities to control the money supply and interest quotes. This hobby is known as open market operations.

The money supply is the overall sum of money—coins, coins, and balances in bank debts—in flow.

Open market operations is a part of financial coverage devices that Fed utilize in controlling the cash deliver in an economic system. when there is a want to lessen the cash deliver, then Fed must sells the authorities securities to the general public for you to reduce the cash supply.

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Companies that sell household products and food have very little relation to the state of the economy because such basic needs do not go away. These stocks tend to have ________ betas.A) highB) infiniteC) negativeD) low

Answers

These stocks tend to have low betas.

What does low beta means in stock market?

If a security's beta value is less than 1.0, it is thought that it is theoretically less volatile than the market. A portfolio that includes this stock is less hazardous than one that does not. Utility stocks, for example, usually have low betas because they move more slowly than market averages.

If a stock's beta value is 1, the price movement of that stock is very market-dependent. Investing in equities with betas of 1 carries a systemic risk. But no illogical risk can be found using the beta calculation. A portfolio can include a stock with a beta of 1.0 without raising risk or the likelihood that the portfolio would provide excess return.

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a company that uses the net method of recording purchases and a perpetual inventory system purchased $2,100 of merchandise on july 5 with terms 3/10, n/30. on july 7, it returned $300 worth of merchandise. on july 28, it paid the full amount due. the correct journal entry to record the payment on july 28 is:Multiple Choicea. Debit Merchandise Inventory $1,800; credit Cash $1,800.b. Debit Cash $1,800; credit Accounts Payable $1,800.c. Debit Accounts Payable $1,800; credit Merchandise Inventory $54; credit Cash $1,746.d. Debit Accounts Payable $2,100; credit Cash $2,100.e. Debit Accounts Payable $1,800; credit Cash $1,800.

Answers

e. The correct journal entry to record the payment on July 28 is

Debit Accounts Payable $1,800; credit Cash $1,800.

As the company uses the net method of recording purchases and a perpetual inventory system purchased $2,100 of merchandise on July 5 with terms 3/10, n/30. on July 7, it returned $300 worth of merchandise. on July 28, it paid the full amount due.

The journal entry to record the payment on July 28 is as follows:

Debit Accounts Payable $1,800

Credit Cash $1,800

This entry reflects the payment of the balance due after deducting the $300 worth of merchandise that was returned. The full amount due was $2,100, less the return of $300, which results in a balance due of $1,800.

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