Account credited by Flounder Company to record the return would be $23,030.
The terms 2/10, n/30 means that if the amount is paid in maximum 10 days, the client will receive a 2% discount. If he/she doesn't make the payment in this period, the total amount has to be paid within 30 days.
As Flounder Company returned merchandise with an invoice amount of $8,600, you have to subtract this amount from the initial value of the merchandise they purchased:
$32,100-$8,600= $23,500
Then, you have to calculate the 2% discount they will get from the $23,500 for paying the invoice within the discount period:
$23,500*2%= $470
$23,500-$470= $23,030
According to this, the answer is that the amount of cash required for the payment is $23,030.
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Mrs. Kirk withdrew $30,000 from a retirement account and used the money to furnish her new home. Her marginal tax rate is 24 percent. Compute the tax cost of the withdrawal in each of the following cases:Mrs. Kirk is 56 years old. She withdrew the money from a personal savings account.Mrs. Kirk is 56 years old. She withdrew the money from her employer-sponsored qualified plan upon her retirement from the company.Mrs. Kirk is 56 years old. She withdrew the money from her employer-sponsored qualified plan, but she intends to work for the employer for at least 10 more years.Mrs. Kirk is 61 years old. She withdrew the money from her employer-sponsored qualified plan, but she intends to work for the employer for at least four more years.
Kirk's tax cost of the premature withdrawal is $10,200 ($7,200 tax [$30,000 taxable withdrawal × 24%] + $3,000 penalty [$30,000 × 10%]).
What is premature withdrawal?
Payments made from an individual retirement account (IRA), 401(k) investment account, a tax-deferred annuity, or any other qualified retirement-savings plan to a recipient who is under the age of 59.12 are referred to as premature distributions (also known as an early withdrawal). The Internal Revenue Service (IRS) imposes a 10% early withdrawal penalty in an effort to deter investors from making early withdrawals from their retirement plans.
The premature distribution penalty requirements are not applicable to first-time homebuyers, educational expenditures, medical charges, or distributions from an IRA before the age of 59 that are paid in at least five substantially equal monthly installments under Rule 72(t) (SEPPs).
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at year-end december 31, chan company estimates its bad debts as 1% of its annual credit sales of $487,500. chan records its bad debts expense for that estimate. on the following february 1, chan decides that the $580 account of p. park is uncollectible and writes it off as a bad debt. on june 5, park unexpectedly pays the amount previously written off.
Estimates of bad debts = $487500 x 1% = $4875
What is accounting?
Accounting, also called bookkeeping, is the measurement, processing, and transmission of financial and non-financial information about economic entities such as businesses and enterprises. Financial reporting, called the “language of business,” measures the results of an organization's economic activities and communicates that information to various stakeholders such as investors, creditors, management and regulators. Accounting practitioners are known as accountants. The terms "accounting" and "financial reporting" are often used interchangeably.
Accounting can be divided into several areas such as financial accounting, operational accounting, tax accounting and cost accounting. Financial accounting focuses on reporting an organization's financial information to external users, including preparing financial statements. B. Investors, Regulators and Suppliers. Management accounting focuses on measuring, analyzing, and reporting information for internal use by management.
Therefore, Estimates of bad debts = $487500 x 1% = $4875
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in a contract, one person seeks to change a target behavior and arranges reinforcement or punishment contingencies with a contract manager, who implements the contingencies.
The contract where one person seeks to change a target behavior is a one-party behavorial contract
A one-party behavioral contract is an agreement in which only one person is involved. In this type of contract, the person who wants to change their behavior sets up the arrangement with a contract manager, who is responsible for implementing the contingency or reward system that is used to reinforce the desired behavior.
The contract outlines the behaviors that the person wants to change, along with a timeline for achieving the desired behavior change. The contract manager may be a therapist, coach, or professional who is trained to help people change their behavior. By setting up a one-party behavioral contract and working with a contract manager, a person can increase their chances of successfully changing their behavior.
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john and marie decide to plant shrubs on their property. these shrubs are called fructus industrials.
Based on the concept of law and personal properties, then it is True that the shrubs planted by John and Maire on their properties are called Fructus industriales
What is Fructus industriales?Fructus industrial is a term that is used to describe the annual plantings that require the owners to cultivate and are generally classified as personal property.
Fructus Industrials are generally referred to as fruits of labor or industry, i.e. such harvests or other products of the soil as are produced by man's industry through sowing and cultivation such as vegetables, corn, wheat, rye, oats, etc.
Fructus industriales is different from fructus naturals which is defined as uncultivated crops and perennial plantings, such as trees and bushes, and are generally classified as real property.
Hence, in this case, it is concluded that the correct answer is Fructus Industriales.
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Full Question
john and marie decide to plant shrubs on their property. these shrubs are called fructus industrials. True or False
Melanie and Beau both work at comparable jobs at Technology Impact, Inc. Melanie is paid 15 percent less than Beau. Which of the following is not a legitimate defense to this pay inequality?
Melanie and Beau both work at comparable jobs at Technology Impact, Inc. Melanie's husband is a very successful businessman, the company pays her less .
Due to the widespread availability of computers and the Internet in offices, schools, and households during the Clinton administration, technology had considerable impact on society. One of American President Bill Clinton's priorities while in office was to advance science and technology throughout the nation. He accomplished this by making computers and the Internet accessible in households and places of business. These allowed Americans to access the internet more quickly and with more ease. Businesses, residences, schools, and organizations began developing their own personal websites. Technology has significantly impacted all aspects of our everyday life, from social media to employment - we look at the areas most affected. Almost every element of modern life is impacted by technology, from sociability and productivity to the speed and security of transportation to the availability of food and healthcare.
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a program-results engagement concerns the ability to measure the effectiveness of the program. obtains information about the costs of the program. attempts to measure the accomplishment and success of the program. all of the answers are correct.
A program-results engagement concerns the ability to measure the effectiveness of the program. Obtains information about the costs of the program. Attempts to measure the accomplishment and success of the program.
Therefore, all of the answers are correct
What is participating planning?
The scope, objectives, timeline, and resource allocations should all be included in the plan that internal auditors create and keep on file for each engagement.
Detailed engagement planning, where long-term plans are transformed into actual audits, is where we are currently. A definition of an audit engagement is a particular internal audit duty, assignment, or review, such as a control self-assessment review, a fraud investigation, or consulting. Multiple tasks or activities may be included in an engagement in order to achieve a certain set of connected goals.
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which of the following is not an advantage of a strategic business unit (sbu) type of organizational structure?
The corporate office is more withdrawn from the individual division. It is not an advantage of a strategic business unit (sbu) type of organizational structure.
Which of the following could be a drawback for a functional organizational structure?
If department heads are only concerned with their own department and do not communicate well with other departments, management issues may arise. This may result in ineffective communication and "silos" that are overly independent of one another.
A functional structure has the drawback that disparities in functional orientation may make coordination and communication within the organization difficult.
Therefore, The corporate office being farther away from each division is a disadvantage of a strategic business unit.
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Suppose that, during a recession, the government borrows money to provide feed subsidies to cattle farmers. Which of the following statements are correct? Choose one or more: A. Crowding-out will occur as individuals choose to rely on feed subsidies instead of purchasing their own.B. The provision of feed subsidies is an example of an automatic stabilizer.C. This policy will likely be accompanied by an impact lag as the policy takes time to make its way to the people.D. The feed subsidies to cattle farmers will likely raise interest rates as the government borrows more money to finance the purchase.E. The government is engaging in contractionary fiscal policy.
The effect if the Government borrows money to provide feed subsidies to cattle farmers are
The free movies as a distraction from the poor economy will likely raise interest rates as the government borrows more money to finance the purchase.This policy will likely be accompanied by an impact lag as the policy takes time to make its way to the people.Crowding-out will occur as individuals choose to rely on free movies instead of purchasing their ownWhat is a recession?When there is a general fall in economic activity, there is a recession, which is a contraction of the business cycle in economics. Recessions typically start when consumer spending falls dramatically across the board.
In a recession, what takes place? In a recession, economic output, jobs, and consumer spending all decline. As the central bank lowers rates to support the economy (like the U.S. Federal Reserve Bank), interest rates are also likely to decrease.
A prolonged period of weak or negative real GDP (output) growth that is accompanied by a noticeably higher unemployment rate is known as a recession. During a recession, a lot of other economic activity indices are similarly weak.
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anabel purchased a smart speaker. she connected it to all the smart devices in her home. which of the following communication models is she using?
If anabel purchased a smart speaker. she connected it to all the smart devices in her home. The type of communication models she is using is: Device-to-device.
What is Device-to-device?Device-to-device communication can be defined as the type of communication that enables mobile phone user to connect their device to two or more mobile user.
This Device-to-device enables a device to communicate with one another. Example is when a mobile user connect his/her infrared or bluetooth with that of another mobile user.
A mobile user can as well connect their mobile bluetooth with that of a smart speaker so as to enables the user to listen to music that already existed in his/her mobile phone through the smart speaker.
Therefore this is an example of Device-to-device.
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which of the following statements about compounds is true? which of the following statements about compounds is true? a substance that cannot be broken down into simpler substances. a substance composed of two or more elements in fixed, definite proportions. a substance that is not as common as pure elements. a pure substance that has variable composition throughout. none of the above
A compound is made up of two or more components in varying amounts as opposed to an element, which is a pure substance that cannot be broken down into simpler substances.
Compounds can be broken down into simpler substances, however an element cannot be broken down into a simpler form. The simplest pure substance that cannot be divided into smaller substances is an element. No two or more substances can ever be combined to make an element. Each element is a unique sort of matter with a single atom of that type. Sodium, nitrogen, hydrogen, etc. A compound is a pure material that is created by mixing two or more elements in a specific order. For instance, water is a compound because it is created by mixing hydrogen and oxygen in a 2:1 ratio.
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To invoke the binary constraints on the variables, the option "bin" is chosen from the dropdown box in the Add Constraint dialog. True False
True. To invoke the binary constraints on the variables, the option "bin" is chosen from the dropdown box in the Add Constraint dialog.The Add Constraint dialog's selection box's "bin" option must be selected
on an n-by-n chessboard so that they cannot attack one another (horizontally, vertically, or diagonally). Queen 1 cannot attack Queen 2, Queen 1 cannot attack Queen 3, and so on between all pairs of queens. Each restriction in this issue is binary since it only takes into account the positioning of two distinct queens. Strongly polynomial time may be used to solve linear programs with all binary constraints, which is a finding that is not known to hold for more generic linear problems.
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a company has budgeted total overhead at actual units produced of $10,400. the company has actual total overhead of $12,000. the controllable variance is:
If a company has budgeted total overhead at actual units produced of $10,400. the company has actual total overhead of $12,000. the controllable variance is: $1600 U.
How to find the controllable variance?Using this formula to determine the controllable variance
Controllable variance = Actual total overhead - Budgeted (flexible)
Where:
Actual total overhead = $12,000
Budgeted (flexible) = $10,400
Let plug in the formula
Controllable variance = $12,000 - $10,400
Controllable variance = $1600 U
Therefore the controllable variance is $1600 U.
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the sarbanes-oxley act (sox) applies to group of answer choices all companies with gross annual revenues exceeding $500 million. publicly traded companies with gross annual revenues exceeding $500 million. all private and public companies incorporated in the united states. all publicly traded companies.
the sarbanes-oxley act (sox) applies to all publicly traded companies.
The Sarbanes-Oxley Act is what?The Sarbanes-Oxley Act of 2002 is a federal law in the US that requires firms to follow particular procedures for financial record keeping and reporting. The regulation was passed in response to several significant accounting and corporate scandals, such as Enron and WorldCom. The bill's provisions address the duties of a public corporation's board of directors, increase criminal penalties for specific offences, and demand that the Securities and Exchange Commission draught regulations outlining how public firms must abide by the legislation.
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The profit-maximization problem for a monopolist differs from that of a competitive firm in which of the following ways?
A. A competitive firm maximizes profit at the point where marginal revenue equals marginal cost; a monopolist maximizes profit at the point where marginal revenue exceeds marginal cost.
B. A competitive firm maximizes profit at the point where average revenue equals marginal cost; a monopolist maximizes profit at the point where average revenue exceeds marginal cost.
C. For a competitive firm, marginal revenue at the profit-maximizing level of output is equal to marginal revenue at all other levels of output; for a monopolist, marginal revenue at the profit-maximizing level of output is smaller than it is for larger levels of output.
D. For a profit-maximizing competitive firm, thinking at the margin is much more important than it is for a profit- maximizing monopolist.
A competitive firm maximizes profit at the point where average revenue equals marginal cost; a monopolist maximizes profit at the point where average revenue exceeds marginal cost.
What is implied by the marginal cost?The difference in total production costs caused by creating or producing one extra unit is known as the marginal cost of production in economics. Finding the point at which an organization can realize economies of scale to improve production and overall operations is the goal of marginal cost analysis.
What do you mean by marginal costs?The term "marginal costing" refers to the increase or decrease in the total cost of production brought on by variations in the targeted output amount. It can be used by managers to plan budgets and profitability, regulate manufacturing costs, optimize output, streamline operations, and more.
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In the GMP partnership (to which Elan seeks admittance), the capital balances of Mary, Gene, and Pat, who share income in the ratio of 6:3:1, areMary $252,000Gene $126,000Pat $42,000A If no goodwill or bonus is recorded, how much must Elan invest for a one-third interest?
The Required contribution(Elan) is 210000.
What is Capital Balance?On a national scale, a country's balance of payments is represented by the capital account. The net change in a country's assets and liabilities over the course of a year is tracked by the capital account. Economists can determine a country's net capital importer or net capital exporter based on the balance of its capital account.
Capital Balance refers to the principle balance of a loan at any one time, to which the servicer applies the applicable interest rate at which interest is accruing on that loan;
Account Names Amounts
Mary 252000
Gene 126000
Pat 42000
2/3 Total resulting capital 420000
Total resulting capital(S420000*3/2) 630000
Net capital prior to admission -420000
Required contribution 210000
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bruce told adam that he was selling his house in syracuse, new york. adam sent bruce an email containing an offer of $300,000 for the house. bruce responded via email that he wanted $315,000 for the house. after further e-mails, the parties finally agreed on a sale with a price of $310,000. a series of e-mails contained the terms of the sale, and all included a salutation containing with electronic signatures. however, bruce later decided to sell the house to marty for $325,000. adam sued bruce, claiming that bruce breached their contract for the sale of the house. most likely, adam will:
Most likely, adam will win, because the essential terms of the contract were set forth in the signed e-mails. Therefore, the second option is the correct answer.
According to a legal principle known as the statute of frauds, certain kinds of transactions must be in writing. The sale of land, agreements involving products valued at more than $500, and contracts lasting a year or more are some of the transactions that are most frequently subject to the statute of frauds.
The statute of frauds' goal is to stop fraud and other wrongdoing. These goals are frequently referred to as evidential and cautionary. The statute of frauds serves as evidence by offering proof of the existence of a valid, binding contract. The statute of fraud's cautionary purpose is to encourage each party to be more careful, intent, and serious in their dealings.
The statute of Frauds makes it mandatory for some types of contracts to be in a written format to enjoy enforceability. It includes those contracts that require over a year to complete, contracts to sell a house or piece of land, and contracts amounting to more than $500. In the provided case, the contract between Bruce and Adam involves a house and it was signed over mail which makes it in line with the Statute of Frauds. Hence, Bruce cannot sell this land to anyone but Adam. Adam can sue and he is highly likely to win the case. Therefore, the correct answer is second option. All other options are not applicable.
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Complete question:
Bruce told adam that he was selling his house in syracuse, new york. adam sent bruce an email containing an offer of $300,000 for the house. bruce responded via email that he wanted $315,000 for the house. after further e-mails, the parties finally agreed on a sale with a price of $310,000. a series of e-mails contained the terms of the sale, and all included a salutation containing with electronic signatures. however, bruce later decided to sell the house to marty for $325,000. adam sued bruce, claiming that bruce breached their contract for the sale of the house. most likely, adam will:
Olose under the Parol Evidence Rule.Win, because the essential terms of the contract were set forth in the signed e-mails.Lose, because the contract does not meet the Statute of Frauds.Win, because of the partial performance exception to the statute of frauds.
Dream Home] Jacob finds a dream home on the lake. He wants to buy it but is unsure whether he can get a loan. He signs a contract with the seller that he will buy the home provided that he can obtain a loan. Jacob also includes a clause in the contract with the seller stating that if he loses his job before the date the purchase contract is signed, the seller will release him from any obligation. After obtaining a loan and buying the home, Jacob decides he wants to have new windows installed. He enters into a contract with a window contractor. The window contractor visits the home, but never finds Jacob there. The contractor makes several attempts to reach Jacob, but Jacob does not return phone calls and makes no attempt to assist the contractor in arranging the window installation. The provision that the seller will release Jacob unless he is able to obtain a loan is a(n) _______.
'Multiple Choice
Condition subsequent
Condition precedent
Bona fide condition
Condition concurrent
Exculpatory condition
A subsequent condition is that the seller won't release Jacob unless he can secure a loan.
By provision, what do you mean?
the practice or act of giving. the fact or state of having planned ahead; an action made in advance to address a requirement or contingency: preparation. made provision for replacements; a supply of essential goods.
What is a provision example?
A provision is a sum of money placed aside to cover potential expenses or other losses, including drops in asset value. Bad debt, loan losses, tax payments, pensions, warranties, out-of-date goods, restructuring charges, and asset impairment are examples of provisions.
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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 Kanban I Kanbans Workforce Commitment Lean Layout Waste Reduction Continuous Improvement Changeover Time Reduction Setup Time Reduction Lean Supply Chain Relationships Small Batch Scheduling Setup Time Reduction Lean Supply Chain Relationships Small Batch Scheduling Acceptance Sampling The Five S's Pull Approach Respect for People Total Quality Management Uniform Plant Loading
An economy that doesn't grow has to use lean economics to be stable. Its institutions are designed to be crucial tools for managing and safeguarding its diminutive stature.
What is Lean?The work and behaviors that both directly and indirectly provide value for the customer and the people performing that job are where lean practice starts. Workers and management learn via continuous experimenting through inventing in their job, whether it be physical or knowledge labor, for ever-improving quality and flow, less time and effort, and reduced price. Because lean thought and practice foster systematic and continuous learning, an organization that practices lean is, in comparison to its peers, extremely flexible in its ever-changing environment.
A lean organization is set up to continually understand the customer and their environment, i.e., to define value and seek out more effective methods to deliver it:
Development of products and procedures from order fulfillment to production and delivery, and from delivery through upgrades and maintenance to recycling throughout the product's or service's lifecycle.
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1) post an article about a current business combination that occurred within the past two years. make sure to: 1. list the companies involved, the reason for the combination and whether this was a merger, consolidation, acquisition or share exchange, 2. explain the impact of the combination on the ownership interests and rights of the shareholders of each of the businesses involved: and 3. state and defend your position as to whether you feel this was good for the businesses involved, consumers and the economy as a whole.
Business acquisitions of other businesses are known as business combinations. The company that assumes control is referred to as the acquirer and the company being assumed control of is referred to as the acquiree.
What are business combinations?A transaction or other event in which an acquirer (an investor entity) gains control of one or more firms is referred to as a business combination. A business combination will typically occur when an entity buys a majority stake in another operating entity that is unconnected to it.A corporate combination frequently entails gaining a higher market share, which frequently weakens the competition by establishing a dominant position on the market.What are the methods of business combination?Identifying the "acquirer"Identifying the "purchase date"Recognizing and valuing the identifiable assets purchased, the liabilities taken on, and any non-controlling interest (NCI; formerly known as a minority interest) in the acquiree.Business acquisitions of other businesses are known as business combinations. The company that assumes control is referred to as the acquirer and the company being assumed control of is referred to as the acquiree.
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According to the Keynesian model, the federal government
should incur surpluses during periods of inflation anddeficits during periods of unemployment should always incur budget surpluses should balance its budget annually should always incur budget deficits should incur deficits during periods of inflation and surpluses during periods of unemployment
should incur surpluses during periods of inflation and deficits during periods of unemployment in recessions
During periods of unemployment should incur surpluses during periods of inflation and deficits during periods of unemployment in recessions reduce the size of the government's budget deficit.
A recession is a huge, pervasive, and continual decline in the financial pastime. Economists measure a recession's length from the prior growth's height to the downturn's trough. Recessions may final as low as some months, but the financial system may not recover to its former height for years. There were eleven recessions considering 1948, averaging out to approximately one recession every six years. forty-nine but, durations of financial enlargement are numerous and have lasted as little as three hundred and sixty-five days or as long as a decade.
Unemployment frequently rises at some point of recessions, and general employment degrees can flatline or turn negative, stated Pugliese. in addition, GDP increase has a tendency to cut back all through recessions because there may be much less customer demand and less personnel, leading to lower production of products and offerings.
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in multiparty negotiations, research shows that parties who approached multiple issues simultaneously
In multiparty negotiations, research shows that parties who approached multiple issues simultaneously achieved lower quality agreements.
According to research, parties who approached multiple issues concurrently in multiparty negotiations achieved lower-quality agreements.
Research is defined as the creation of new knowledge and/or the creative application of existing knowledge to generate new concepts, methodologies, and understandings. This might entail synthesizing and analyzing earlier research to the point where it produces fresh and original findings.
The goal of research is to inform decision-making. As a result, your research should attempt to contextualize its findings within the larger body of research. To produce knowledge that is applicable outside of the research setting, research must always be of high quality.
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When the price level rises more than expected, a firm with a sticky price will sell its output at a price that is: a. less than it desires and decrease its production. b. less than it desires and decrease its production. c. less than it desires and increase its production. d. more than it desires and increase its production.
When the price level rises more than expected, a firm with a sticky price will sell its output at a price that is less than it desires and increase its production.
Option C is correct .
Inflation is the rate of increase in prices over a period of time. Inflation is usually a broad measure, such as a general rise in prices or an increase in the cost of living in a country.
Is the higher the price level the better?Price levels are also related to consumer purchasing power. In general, the higher the price level, the lower the purchasing power of money. This is because purchasing power means how much money you can buy.
What causes the price level to rise?As the demand for a particular good or service increases, the available supply decreases. As explained by the economics of supply and demand, when fewer items are available, consumers are willing to pay more to get them. As a result, demand-pull inflation causes the price to rise.
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A regression model is obtained to relate sales (in number of cases) to shelf display height (bottom, middle, top). The dummy variable Middle is defined to be 1 if the product is displayed on the middle shelf and 0 otherwise. (The dummy variable Bottom is defined similarly). Looking at the provided regression analysis, which of the following conclusions is correct?
Sales are 4.3 instances higher when products are presented on the bottom shelf as opposed to the top shelf, according to the available regression analysis.
A statistical technique that demonstrates the link between two or more variables is regression analysis. The approach examines the relationship between a dependent variable and independent variables, typically represented in a graph.
To link sales in the number of cases to shelf display height bottom, middle, and top, a regression model is obtained. When a product is placed on the middle shelf, the dummy variable Middle is defined to be 1, otherwise it is set to 0.
In a similar manner, the dummy variable Bottom is defined. The available regression analysis shows that when products are displayed on the bottom shelf as opposed to the top shelf, sales are 4.3 times greater.
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Pastor Malachi received $55,000 in ministerial earnings: $38,500 salary for ministerial services,
$2,750 for performing weddings, and $13,750 excluded parsonage allowance. He incurred
$7,000 of unreimbursed expenses connected with his ministerial earnings: $5,500 related to his
ministerial salary and $1,500 related to the weddings performed as self-employed. What is
Pastor Malachi's deductible amount of unreimbursed expenses?
Pastor Malachi's deductible amount of unreimbursed expenses, given the excluded parsonage allowance, and the ministerial earnings, is $ 1, 125.
How to find the deductible amount of unreimbursed expenses?First, find the non deductible portion for Pastor Malachi's earnings as:
= Excluded parsonage allowance / Ministerial earnings x Earnings as self - employed
= 13, 750 / 55, 000 x 1, 500
= $ 375
Then, the deductible amount of unreimbursed expenses would be:
= Earnings from self - employment - non deductible portion
= 1, 500 - 375
= $ 1, 125
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In the context of leased property, which of the following statements is true?
A. The landlord can transfer possession of a property to a new owner but not the right to receive rent.
B. A landlord cannot sell the property that has been leased before the expiry of the lease agreement.
C. On sale of a leased property, the new owner cannot force the tenant to move out of the property before the expiry
of the lease agreement.
D. Even after the sale of the leased property, the old owner remains to be the landlord until the lease agreement
expires.
The landlord can transfer possession of a property to a new owner but not the right to receive rent.
LeaseA lease is a contract that specifies the terms under which one party agrees to rent property owned by another. The lease offers the tenant, also known as the lessee, access to an asset while simultaneously protecting the lessor, the property owner. Leases are legally binding contracts that establish. A lease is a contract that specifies the terms under which one party agrees to rent property owned by another. It ensures the lessee, also known as the tenant, the use of an asset and ensures the lessor, the property owner, or landlord, monthly payments from the lessee for a certain period of months or years.
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stihl, which manufactures handheld outdoor power equipment sold to six independent u.s. distributors and six stihl-owned marketing and distribution centers who sell to a nationwide network of more than 8,000 servicing retail detailers, is a good example of intensive distribution
Since, equipment are sold through six Stihl -owned marketing and distribution centers, it is an example of selective distribution.
A distribution tactic called selective distribution sits and functions between between intensive and the exclusive distribution. Selective Distribution includes use much more intermediates and wholesalers than just one, but less than the whole of them, to distribute the firm's goods in accordance with a certain set of principles that really are unique to the business.
These kinds of brands are primarily found in the furniture, tv, and household appliance industries. A selective distribution agreement, which would be frequently in use by premium brands trying to seek to restrict the high caliber of retailers carrying their goods, enables suppliers to assign particular distributors in accordance with their unique needs.
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the following data occurs chronologically from left to right: 15.2 19.7 16.0 11.1 14.8 14.5 the number of runs up and down is:
The sample median of the number of runs is 15.
What is a median of a sample?
Median is one of the measures of central tendency. It is the middle value of the sample. It may be both, either in ascending or in descending order.
To find the median of the sample, the first step is to arrange the data, either in the ascending order or in the descending order. Since the given data is not already arranged, we have to first arrange the data in order to find the median.
11.1, 14.5, 14.8, 15.2, 16.0, 19.7
The given data is now arranged in ascending order.
We get the central values in the sample as 14.8 and 15.2.
The median is the central value of these two figures
Average= 14.8+15.2/2= 15
Thus the median is 15.
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Which of the following statements about financial condition analysis is(are) most correct?
a. Financial condition analysis focuses on whether an organization has the financial capacity to accomplish its mission.
b. Financial condition analysis often results in a list of financial strengths and weaknesses.
c. Financial statement analysis uses data contained in an organization’s financial statements to assess financial condition.
d. Operating analysis uses operating data to explain financial condition.
e. All of the above statements are correct.
the following statements about financial condition analysis are (are) most correct- Financial condition analysis focuses on whether an organization has the financial capacity to accomplish its mission.
Operating analysisThe study of operational systems with the goal of discovering possibilities for improvement is known as operations analysis. It goes under several names, including Operational Research and Industrial Engineering. The discipline dates back to World War II. . Financial condition analysis often results in a list of financial strengths and weaknesses. Financial statement analysis uses data contained in an organization’s financial statements to assess financial condition. Operating analysis uses operating data to explain financial conditions.
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T/F is a method of entering a foreign market by associating with foreign companies to produce or market products or services.
A strategy for entering a foreign market is joint venture, in which one company partners with another to produce or market goods or services.
What exactly are joint ventures as a way to enter a new market?In order to break into new markets, joint ventures often involve forming a third company with another partner. The company can benefit from the partner's infrastructure, local knowledge, and reputation through a joint venture.
To enter a foreign market, what are the three marketing strategies?selling on marketplaces online. providing direct sales via e-commerce. selling through a third party that exports to the target market in an indirect manner.
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Full Question = ________ is a method of entering a foreign market by associating with foreign companies to produce or market products or services.
Direct exporting
Direct investment
Joint venturing
Indirect exporting
Importing
Terrence Industries charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of labor hours. The following data pertain to the current year: (8 04:22:17 Budgeted manufacturing overhead Actual manufacturing overhead Budgeted labor hours Actual labor hours $2,300,000 2,313,000 115,000 116,750 Print Which of the following choices is the correct status of manufacturing overhead at year-end? Multiple Choice Overapplied by $13,000. Underapplied by $13,000. o Overapplied by $22,000. o Underapplied by $22,000. o o Overapplied by $35,000.
According to the Terrence Industries, the status of manufacturing overhead at year-end is Overapplied by $22,000. The correct option is (c).
What do you mean by the manufacturing overhead?The total of all indirect costs incurred during the manufacturing of a product is known as manufacturing overhead (MOH) cost. Along with the expenses of direct materials and direct labour, it is included in the price of the finished product.
These expenses must be allocated to products so that they accurately reflect the whole cost of manufacturing the thing since they are crucial to the development and creation of goods during the production process.
Here,
Predetermined overhead rate=Estimated overhead/Estimated labor hours
Predetermined overhead rate =(2,300,000/115,000)
Predetermined overhead rate =$20/labor hour
Hence,
applied overhead = Predetermined overhead rate × Actual labor hours
applied overhead =$20/labor hour*116750 =$2,335,000
Hence since applied overhead is greater than actual overhead;
Overapplied overhead=$2,335,000-$2,313,000 =$22,000
Therefore, the Terrence Industries, the status of manufacturing overhead at year-end is Overapplied by $22,000.
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