Acme enterprises borrowed $20,000 from last bank on a 5-year note payable. acme's journal entry to record this transaction will include a debit to cash for $20,000 and a credit to notes payable for $20,000.
A journal entry is the act of recording any transaction, whether one that is economic or not. An accounting journal that displays the debit and credit balances of a company lists transactions. Multiple recordings, each of which is either a debit or a credit, may be included in the journal entry.
A journal entry is a record of a business's financial transactions kept in its accounting books. An accurate date, the amounts to be debited and credited, a description of the transaction, and a special reference number are all components of a properly documented journal entry.
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Over the last two years, an american clothing manufacturer has partnered with a manufacturer in china to make clothes at a cheaper cost. How is this beneficial to both countries?.
It is a strategic partnership when two nations split the benefits and risks of launching a new business together in a different nation.
Define strategic partnership.A strategic partnership is a business relationship between two organizations, which is typically formally recognized by one or more business contracts (sometimes called a strategic alliance). An agency, business affiliate arrangement, or formal partnership organisation will typically outperform a strategic partnership. From handshake agreements to contractual collaborations to equity alliances, the creation of a joint venture, or cross-holdings in one another, strategic partnerships can take many different forms.
A strategic alliance is typically formed between two enterprises when they each have one or more business assets or skills that will benefit the other by advancing their respective industries. This may also imply that one company is providing some knowledge to assist the other company in expanding its market into other markets.
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When two countries share the advantages and risks of starting a new company together in another country, that is a strategic alliance.
Define strategic alliance.A corporate relationship between two organizations known as a "strategic partnership" is often explicitly acknowledged by one or more business contracts (sometimes called a strategic alliance). A strategic partnership will often perform worse than an agency, corporate associate arrangement, or formal partnership organisation. Strategic partnerships can take many different forms, including handshake agreements, written contracts, equity alliances, the formation of joint ventures, and cross-holdings in one another.
When two businesses have one or more business assets or talents that will advance the other by advancing their respective sectors, they often create a strategic alliance. This could also mean that one company is supplying information to help the other company develop into new markets.
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Jupiter explorers has $10,200 in sales. the profit margin is 4 percent. there are 6,500 shares of stock outstanding, with a price of $2.10 per share. what is the company's price-earnings ratio?
The company's price-earnings ratio is 1.80/0.090=20%.
Profit margin is a measure of profitability. it is calculated by using finding the income as a percentage of the revenue. There are three styles of income margins: gross income margin, operating profit margin and net income margin. Gross income Margin is calculated as gross earnings divided via internet sales.
Profit margin is the degree of your enterprise's profitability. it's far expressed as a percent and measures how a whole lot of every dollar in sales or services that your corporation keeps from its profits. profit margin represents the company's internet earnings when it is divided by way of the net sales or sales.
Jupiter Explorers
Sale $ 10,400
Net Profit margin 4%
Net Profit $ 416
Outstanding stocks in the market 4,600
Earning per share = $416/4,600
=$ 0.090 per share
Price / share =$ 1.80
Therefore PE ratio = 1.80/0.090=20%
Therefore P/E ratio is 20%
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From a group of 20 ph.d. engineers, 10 are randomly selected for employment. what is the probability that the 10 selected include all the 5 best engineers in the group of 20?
The probability that the 10 selected include all the 5 best engineers in the group of 20, is 0.016.
What is Probability?The area of mathematics known as probability deals with numerical representations of the likelihood that an event will occur or that a statement is true.
An event's probability is a number between 0 and 1, where, roughly speaking, 0 denotes the event's impossibility and 1 denotes certainty.
The higher the probability of an occurrence, the more likely it is that the event will occur.
A straightforward illustration is the toss of a fair coin. The likelihood of "heads" and "tails" are both equally likely since the coin is fair; as there are no other conceivable outcomes, the probability of either "heads" or "tails" is half.
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A client is receiving moderate sedation while undergoing bronchoscopy. which assessment finding should the nurse attend to immediately?
A client is receiving moderate sedation while undergoing a bronchoscopy. Oxygen saturation of 90% assessment finding should the nurse attend to immediately.
Bronchoscopy is a procedure that allows your doctor to examine your lungs and airways. It is usually done by a doctor who specializes in lung disorders (a pulmonologist). During a bronchoscopy, a thin tube (bronchoscope) is passed through your nose or mouth, down your throat, and into your lungs.
Bronchoscopy is an endoscopic technique to visualize the inside of the airways for diagnostic and therapeutic purposes. An instrument is inserted into the airway, usually through the nose or mouth, or sometimes through a tracheostomy.
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Ellis incorporated currently has common stock of $19,500, retained earnings of $20,400, notes payable of $21,200, and mortgage payable of $15,500. what is ellis' stockholders' equity?
The right answer is $39,900.
Equity is the amount invested in the business by the owner of the business. This includes the money they have invested directly and the accumulation of earnings earned by the company that has been reinvested since its inception. The four components used in the equity calculation are outstanding shares, additional paid-in capital retained earnings and treasury stock.
Equity is also known as Equity and both mean the same thing. The term refers to the number of assets left by the business owner after paying off the debt or debt. Equity simply refers to the difference between a company's total assets and total liabilities. Equity represents the owner's claim to the company's assets after the debt has been paid off. Also known as share capital, it consists of two components.
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Money enables us to make comparisons of value among multiple goods and services. this is the ________ purpose of money.
Money enables us to make comparisons of value among multiple goods and services. This is the standard of value use of money.
What makes money a standard of value?
In a capitalist economy, we use money to pay for goods and services. This is how we exchange things with each other. Frank, a hypothetical handyman running his own business, must wonder how we as a society determine the value of money and why it has replaced the barter system of trading.
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The ten groups that present a company with its daily tasks to handle represent the company's _____ environment.
The ten groups that present a company with its daily tasks to handle represent the company's task environment. Therefore, the correct answer option is A. task.
What is task environment?Task environment can be defined as the external environment and factors of an organization which directly affects its ability to attain business goals.
Additionally, the internal environmental scanning offers an organization information about strength and weakness while the external environmental scanning provides information about opportunities and threats.
In conclusion, we can reasonably infer and logically deduce that these ten groups represent the company's task environment.
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Complete Question:
The ten groups that present a company with its daily tasks to handle represent the company's _____ environment.
A. task
B. managerial
C. behavioral
D. internal
The objective of the pepsi challenge (promotion based on blind taste tests between pepsi and coke) was most likely to?
The objective of the pepsi challenge (promotion based on blind taste tests between pepsi and coke) was most likely to attract users of a competitive brand.
Attract customers of a competing brand considering the blind taste test between two competing items, demonstrating the customer acquisition process initiative.
What is Pepsi Challenge?
Since 1975, PepsiCo has operated a marketing programme called the Pepsi Challenge. It's also the name of a Pepsi-sponsored cross-country ski race at Giant's Ridge Ski Area in Biwabik, Minnesota. Initially, the challenge took the form of a single blind tasting test. A Pepsi representative sets up a table with two white cups, one with Pepsi and one with Coca-Cola, in malls, shopping centres, and other public places.
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You paid $1,052 for a corporate bond that has a 12.13 percent coupon rate. what is the bond's current yield?
The current yield of the bond will be 121.3/1052 = 11.53%
What is a corporate bond?A corporate bond is a bond that a corporation issues to obtain money for a number of purposes, such as continued operations, mergers and acquisitions, or business expansion. The phrase is typically used to describe longer-term debt instruments with a minimum one-year maturity. Commercial paper refers to corporate debt securities with maturities less than a year.It is a quicker method of raising money for business growth. Corporate bonds are a sort of debt that businesses issue and sell to investors to raise money for their operations. They stand for a speedier and simpler method of raising money than making equities available for purchase.To learn more about corporate bonds, refer to:
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What is the 2018 net cash flow from operating activities for paige's properties inc?
Cash flow for 201 is $1,358,000 is the 2018 net cash flow from operating activities for Paige's properties inc.
Add back the given depreciation to the net profit for 2018= Net income $1,090,000 + depreciation, $290,000= $1,358,000. The decrease in cash flow from operating activities in 2019, compared with $53.1 billion in 2018, was mainly due to lower earnings and an unfavorable working capital impact.
Cash Paid for Operating Expenses (Includes Research and Development) = Operating Expenses + Increase (or - decrease) in prepaid expenses + decrease (or - increase) in accrued liabilities.
This would be considered positive cash flow. Cash from operating activities is the aggregate amount of cash flow reported in the operating activities section of the statement of cash flows of a business. This statement is part of the organization's financial statements.
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Complete Question: Statement of Cash Flows Paige's Properties Inc. reported 2018 net income of $1.90 million and depreciation of $259,000. Paige's Properties, Inc.'s 2017 and 2018 balance sheets are listed below (in millions of dollars).
Current assets 2017 2018
Cash and marketable securities 3.90 2.45
Accounts receivable 4.45 5.98
Inventory 6.98 5.45
Total 15.25 13.88
Current liabilities 2017 2018
Accrued wages and taxes 1.09 1.09
Accounts payable 3.09 4.45
Notes payable 11.07 8.26
Total 15.25 13.88
What is the 2018 net cash flow from operating activities for Paige's Properties, Inc.?
a. $1.450.000
b. $1.900.000
c. $3,519,000
d. $1.619.000
True or false: in a free-market economy, the market decides what will be exchanged but without government interference. group of answer choices
This is true that in a free-market economy, the market decides what will be exchanged but without government interference.
A free market is an idealized cognitive representation of an economic system in which sellers and purchasers negotiate prices for products and services based on supply and demand. According to models, these markets function without the involvement of the government or any other external authority.
An economy with a fully free market is one in which every resource is privately owned. Without the involvement of the government, individuals decide how to distribute such resources. There are no "free-enterprise" or "market economies" in their purest form.
The free market system generates products and services more effectively than any alternative when it is operating properly. It generates strong incentives for innovation and generally makes sure that people's salaries are commensurate with the value they contribute to society through their labor.
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What management, organization, and technology issues did the city of mississauga have to address in developing a solution?
The City of Mississauga Goes Digital the town of Mississauga, a suburb of Toronto, is Canada's sixth largest city and a number one user of digital technology to boost operations and services.
It seeks to integrate technology into its operations and strategic and business planning, with technology plans for every utility defined in business plans and budgets. Mississauga incorporates a vibrant multicultural population and a thriving central city district, home to several Canadian and multinational corporations. However, since 1970, the Greater Toronto Area, including Mississauga, has seen a plain increase in low-income families and an analogous decrease in middle-income families. Mississauga has developed a wise City plan to supply a vision and framework to guide the city's adoption of digital technology. City leaders believe that digital technology should be accessible to everyone and supply opportunities for start-ups, schools and vulnerable households. Mississauga may be a leader in technology initiatives like social media and "bring your own device" (BYOD), which allows employees to use their own mobile devices for his or her work. Mississauga's website and online services are hosted in remote cloud computing centers accessible via the web.
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The ____________ of the note is the one that signed the note and promised to pay at maturity. the (maker/payee) of the note is the person to whom the note is payable.
The (maker/signer) of the note is the one that signed the note and promised to pay at maturity. The (maker/payee) of the note is the person to whom the note is payable.
A note that the maker has neglected to settle upon maturity is referred to as a dishonored note. The note is removed from notes receivable since it has matured, and the payee or holder reports the amount owed in accounts receivable. At the note's maturity date, the maker is obligated to pay the principal and interest.
Bad debt costs. Customers with (Bad/Invalid)(Collectible/Debts) accounts fail to honor their payment obligations. It is regarded as a cost associated with selling on credit. An amount owed by another party is known as a receivable.
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Take a picture of a document or upload the pdf version of a document that represents the principle of Scalar Chain. If you take a picture, paste it on a word document and convert the file to PDF format before uploading
Answer:
hope that helps
Explanation:
The return on a 5 percent coupon $1000 bond that initially sells for $1,000 and sells for $950 next year is?
The return on a 5 percent coupon $1000 bond that initially sells for $1,000 and sells for $950 next year is 8%.
A bond is a type of protection beneath which the company owes the holder a debt, and is obliged – relying on the phrases – to pay off the most important of the bond on the adulthood date in addition to interest over a specific amount of time.
In easy terms, a bond is mortgage from an investor to a borrower such as a corporation or authorities. The borrower uses the cash to fund its operations, and the investor receives interest at the investment.
A bond will be idea of as an I.O.U. among the lender and borrower that consists of the info of the loan and its bills.
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Personal property are and are held either to consume and use or to generate a return or income as an investment. an example of personal property is?
Personal property is retained either to be consumed and used or to be an investment that yields a return or income. Return-earning assets are an illustration of personal property.
How Does Investing Work?
What is commonly meant by the term "investment" (i.e., earnings) is putting money to work for a period in a project or endeavor with the intention of generating a profit that exceed the amount of the initial investment).It is the act of giving away resources, usually capital (i.e., money), with the hopes of generating income, profits, or gains.
One can engage (directly or indirectly) in a variety of activities, such as employing capital to launch a business or buying assets like real estate in the hopes of earning rental income or resale it at a profit.
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Budgeting that involves decisions such as whether to buy or lease equipment or build a new factory is referred to as:_______
Budgeting that involves decisions such as whether to buy or lease equipment or build a new factory is referred to as capital budgeting.
Budgeting is the method of making a plan to spend your cash. This spending plan is referred to as a budget. Creating this spending plan lets in you to decide earlier whether or not you may have sufficient cash to do the stuff you want to do or would really like to do.
There are 4 not unusual place sorts of Budgeting that businesses use: (1) incremental, (2) activity-based, (3) cost proposition, and (4) zero-based. These 4 budgeting strategies every have their personal blessings and disadvantages, with a view to be mentioned in extra element on this guide. Source: CFI's Budgeting & Forecasting Course
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Does a 2019 dividend of $12 million seem reasonable in view of your answers to parts a and b? if not, should the dividend be higher or lower?
The phrase "the dividend cheque is in the mail" is one of the simplest methods for businesses to convey their financial health and shareholder value.
Dividends, those regular cash transfers from earnings to owners that many companies make, convey a strong, unmistakable statement about future prospects and performance. Good indicators of a company's fundamentals are its willingness, capacity, and capacity to boost dividends over time.
In order to meet its liquidity demands for a 30 calendar day liquidity stress scenario, a bank must have an adequate stock of unencumbered HQLA, which comprises of cash or assets that can be converted into cash with little to no loss in value in private markets.
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Ethical principles developed by the american psychological association urge psychological investigators to?
The ethical principles developed by the American Psychological Association urge psychology researchers to ensure that research participants give their consent to participate in research.
The American Psychological Association (APA) is the largest professional and scientific organization of psychologists in the United States. 1 Membership in the APA is not limited to scientists or doctors; it also includes psychology educators and students.
Five general principles of the code of conduct APA?
General ethical principles
Principle A: Beneficence and nonmaleficence.Principle B: Loyalty and responsibility.Principle C: Integrity.Principle D: Fairness.Principle E: Respect the rights and dignity of people.Although the two are closely related concepts, morality refers primarily to guiding principles, and ethics refers to certain rules and actions, or behaviors. Moral teachings are ideas or opinions driven by the desire to be good. A code of ethics is a set of rules that define permissible actions or correct behavior.
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In its 1st year of business, eel electric purchased $1,000 of supplies on account. During the year, it paid $700 of the amount it owed for supplies. At the end of the year, it had $200 of supplies remaining. What is supplies expense on the income statement equal?.
The supplies expense on the income statement equal is $4,700.
It started with $500 and purchased $5,000 but only has $800 of supplies left, thus it used $4,700.
The amount used is Supplies Expense and is recorded as an adjusting entry with a debit to Supplies Expense (+E,-SE) and credit to Supplies (-A) for $4,700. The Supplies balance on the balance sheet equals $800 (the supplies left).
An income statement, also known as a profit and loss account, is one of a company's financial statements and displays the company's receipts and outlays for a specific time period.
what is in an income statement ?
An earnings assertion is a financial report detailing a organization's income and charges over a reporting period. it could also be called a earnings and loss (P&L) statement and is typically prepared quarterly or yearly. earnings statements depict a organization's monetary overall performance over a reporting period.
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It is most important to account for factors like warranties and durability when purchasing a.
It is more important to account for factors like durability and warranties when purchasing a durable product.
Durable products are those products that can be used for a very long time as they are expensive. So these goods do not wear out easily and yield utility over the years. These durable goods are also called consumer goods. These consumer goods have a life span of more than three years and are used repeatedly over time.
Some examples of durable goods are refrigerators and air conditioners. As these are very expensive they require a warranty while purchasing them. This warranty period itself can go up to two to three years and can later be extended also if required. It is very necessary for these goods to also have the durability factor as then only the customers will receive a value for their product.
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The _________ is a process that manages programs and interfaces with peripherals.
Program management and peripheral device interface are both tasks performed by the operating system.
A computer's operating system (OS) is a type of system software that controls computer hardware, software resources, and offers standard services to programs.
Time-sharing operating systems plan tasks to make the most of the system's resources, and they might also have accounting software for cost-based resource allocation for CPU time, mass storage, printing, and other resources.
Even though application code is typically executed directly by the hardware and frequently makes system calls to an OS function or is interrupted by it, the operating system functions as a link between programs and the computer hardware for hardware functions like input, output, and memory allocation. Supercomputers, web servers, smartphones, game consoles, and other computing devices all have operating systems.
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When a transposition error is made on the trial balance, the difference between the debit and credit totals on the trial balance will be:_________
The difference between the debit and credit totals on the trial balance will be: divisible by 9
Only when two adjacent numbers are transposed.
Clarification why divisible by 9:It is a type of error that occurs when two digits are mistakenly reversed when reporting a transaction, those digits are often individual digit or part of a larger sequence. it's a type of error related to data entry and it is considered small and unintentional, but it could lead on to serious financial loss. Transposition error is divisible by 9 when two adjacent numbers are transposed which can result in mathematical error. it's an humanly induced error.
What is accounting error with example?Accounting errors are unintentional bookkeeping errors and are sometimes easy to spot and fix. for instance , if the debits and credits don't add up to the identical amount in the trial balance, an accountant can easily see what account is inaccurate
When the balance is out of balance due to a transposition error the difference between total debits and total credits are going to be evenly divisible by 9?
When an attempt balance is out of balance due to a transposition error, the difference between total debits and total credits are going to be evenly divisible by 2. error, the difference between total debits and total credits will be evenly divisible by 9. A bookkeeper posted the identical journal entry twice.
What Is a Transposition Error?
A transposition error describes an occasion where a bookkeeper accidentally reverses two adjacent digits, when recording transactional data. Although this error could seem small in scale, it often leads to substantial financial incongruities that can have a great impact in other areas.
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This month's bank statement shows interest earned of $45. how would this item be treated on the bank reconciliation?
This month's bank statement shows interest earned of $45. This item on the bank reconciliation, it would be added to the bank balance.
What Is a Bank Statement?A bank statement is a list of all transactions for a bank account over a set period, usually monthly. The statement includes deposits, charges, withdrawals, as well as the beginning and ending balance for the period. Account-holders generally review their bank statements every month to help keep track of expenses and spending, as well as monitor for any fraudulent charges or mistakes.
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To what extent, if any, are marketers responsible for injurious consumption involving their product?
Injurious consumption is negative in nature and not good at all for a person.
Utilizing resources to meet immediate needs and desires is known as consumption. It is contrasted with investing, which entails making purchases in order to acquire future revenue. Consumption is a key idea in economics and is also explored in a wide range of social sciences. Consumption is defined differently by various economic schools. Mainstream economists believe that only the final purchase of newly produced goods and services by individuals for immediate use qualifies as consumption; all other types of expenditure, including government spending, fixed investment, and intermediate consumption, are classified as separate categories (see Consumer choice). Many other economists define consumption as the whole of all economic activity that does not involve the creation, manufacturing, or selling of products and services.
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The market is watermelons. the cost of water used to irrigate goes up. the curve will shift . the factor causing the shift is:________
The market is watermelons. The cost of water used to irrigate goes up. the supply curve will shift downwards. The factor causing the shift is the cost of production.
The maximum typically used form of irrigation is sprinkler irrigation. In this method, water is shot up or rained down from a nozzle to imitate rainfall and provide a good disbursement of water. relevant pivot irrigation and lateral flow irrigation are two kinds of sprinkler irrigation.
Places that have sparse or seasonal rainfall could not maintain agriculture without irrigation. In regions that have irregular precipitation, irrigation improves crop increase exceptional. via permitting farmers to grow vegetation on a steady schedule, irrigation additionally creates greater reliable meal materials.
Statistical concept and technique. Irrigated agricultural area refers to a location geared up to offer water (thru artificial manner of irrigation which includes by way of diverting streams, flooding, or spraying) to the vegetation. In non-irrigated agricultural areas, the production of crops is depending on rain-fed irrigation.
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Sebastian is in the 24ederal tax bracket. if his taxable income is $100,000, how much will he pay in federal income taxes?
Sebastian is in the 24% federal tax bracket. If his taxable income is $100,000,Less than $24,000 will he pay in federal income taxes.
Calculating:
federal income tax= federal tax % × taxable income
24% × $100,000
= $24,000
What Is the Federal Income Tax?
The federal income tax can be considered as a tax on annual earnings for individuals, businesses, and other legal entities. All wages, salaries, cash gifts from employers, business income, tips, gambling income, bonuses, and unemployment benefits are related to a federal income tax.
Who pays federal income tax?
The top 50 percent of all taxpayers paid 97 percent of all individual's income taxes, while the bottom 50 percent paid the last 3 percent. The top 1 percent paid a greater share of individual income taxes (38.8 percent) than the bottom 90 percent combined (29.2 percent).
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Which marketing metrics would be most helpful for an executive in charge of developing new products for a coffee chain?
Answer:
1 (CAC)
2 (M%-CAC
3 (LTV CAC)
Customer loyalty is the marketing metrics would be most helpful for an executive in charge of developing new products for a coffee chain.
What is Customer loyalty?Customer loyalty is a continuing emotional bond between you and your customers that shows in their willingness to interact with you and make repeat purchases from you as opposed to your competition. When a customer has a good experience with you, loyalty develops naturally and helps to build trust.
The capacity to keep customers around for an extended period of time and convince them to frequently use your products and services is known as customer loyalty. Simply said, create a positive customer experience and strong emotional bonds with your clients. The Starbucks Reward Program is one illustration.
Customer loyalty is the outcome of a consistently positive experience that makes customers choose one brand to the competition. Because of the emotional connection they form with one brand, loyal buyers typically stick with it.
Thus, Customer loyalty.
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What threats does the informal economy present to firms operating in the formal economy?
The threats that the informal economy presents to firms operating in the formal economy include a higher percentage in terms of creation of employment, heighten innovation to infuse the inequality of opportunity in the industry, as well as lower costs of products.
What is an Informal Economy?The term "informal economy" refers to businesses that operate legally but do not fully abide by all tax, labor market, and product market restrictions. Like drug cartels, mafias, prostitution rings, and illicit gambling operations, they are not blatantly criminal organizations, but they do pose a serious threat to a nation's capacity to sustain its economy.Although the informal sector contributes significantly to the economies of emerging nations, it is occasion labeled as problematic and out of control. However, since the 1960s, the informal sector has been increasing quickly and offers important economic prospects for the poor. A significant policy question is how to incorporate the informal economy into the formal sector.To learn more about Informal Economy, refer to:
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The value of any asset is the present value of the cash flows the asset is expected to provide. The cash flows a business is able to provide to its investors is its free cash flow. This is the reason that fcf is so important in finance. True or false?.
This statement is True.
What is Free Cash Flow?Free cash flow (FCF) is the difference between an organization's operating cash flow and its fixed asset and working capital expenditures (known as capital expenditures). It is that percentage of a company's cash flow that can be taken out and given to creditors and stockholders without hurting business operations. The holders of the firm's equity, debt, preferred stock, and convertible securities, as well as potential lenders and investors, are all interested in this metric because it shows how financially flexible a company is.The earnings before interest and taxes are often taken into account, along with depreciation and amortization, before taxes, changes in working capital, and capital expenditures are subtracted.To learn more about Free Cash Flow, refer to:
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