Brewed Awakenings, Inc. completed its first month of operation. bought $1,000 worth of materials, of which it paid $700 and is still liable for the balance. It has $400 worth of supplies available at the conclusion of the month. There will be a $600 charge for materials on the income statement.
It spent $600 on items it had spent $1,000 on but only had $400 left. Supplies Expense is the amount used, and it is recorded as an adjusting entry with a debit of $600 to Supplies Expense and a credit of $600 to Supplies. One of the three crucial financial statements used to describe a company's financial performance throughout a certain accounting period is the income statement. An income statement offers useful information about a company's operations, managerial effectiveness, underperforming industries, and performance in comparison to competitors.
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Sharon is given two options. Option 1 allows her to take $5. Option 2 allows her a 1/3 chance of winning $50, but she risks losing $10, 2/3 of the time. What best describes sharon?.
Answer:
Sharon is smart in theory because she looses 10 2/3 and the other 1/3 she wins the 50$ so she makes 40$ per investment rather then only making the 5$ without the "risk"
What should a writer do after writing an initial draft of a business message?
Writers finalize their thoughts, such as sentences and paragraphs, throughout the drafting process. The writer makes sure the reader can understand his message by how he arranges his ideas.
What does the initial draft mean?The initial Draft refers to the first version of a legal document that has been written in a concise and understandable manner and is prepared for review by the appropriate authority while taking into consideration the actual and immediate requirements of the topic.
Lay it to rest. The hardest thing might be this. The entire thing should be read once. Revise. Reread it out loud this time. Make any necessary corrections. Construct a synopsis. Publish a cover letter. Determine who you should address the query letter to and then submit it.
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Suppose+a+state+of+california+bond+will+pay+$1,000+eight+years+from+now.+if+the+going+interest+rate+on+these+8-year+bonds+is+6.2%,+how+much+is+the+bond+worth+today?
In the event that a State of California Bond pays $1,000 in eight years. These 8-Year Bonds' current value is $618.02 if the going interest rate is 6.2%.
A bond is a fixed-income investment that simulates a loan from a shareholder to a borrower (typically corporate or governmental). An I.O.U. between the lender and borrower that specifies the terms of the loan and its installments is what is meant by a bond. Businesses, local governments, states, and other types of government use bonds to finance their operations and capital expenditures. The holders of bonds are the issuer's creditors or debtors.
Bond specifics typically include the conditions for the borrower's variable or fixed interest payments as well as the end date by which the loan's principal is needed to be paid to the bond owner.
The calculation is:
PV= FV/ (1+r)n
where PV= Present Value ; FV= Future Value; r= interest rate; n= number of years
so,
PV= 1000/ (1+.062)8 = 1000/1.6181= 618.02
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If p denotes the equilibrium price, then the consumer surplus at any price higher than p must be less than or equal to the consumer surplus at price p.
true/ false
The given statement "If p denotes the equilibrium price, then the consumer surplus......... less than or equal to the consumer surplus at price p." can be marked as true.
What is consumer surplus?A consumer surplus refers to the economic situation that arise when the price for a product or service that has been actually paid by the consumers is less than the price they are willing to pay.
Consumer surplus measures the welfare of the consumer and can be defined as the excess of social valuation of product over the price actually paid.
Basically, Consumer surplus is a measurement of consumer benefits that generally results from the market competition.
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You+deposit+$2,800+in+your+bank+account.+a.+if+the+bank+pays+4%+simple+interest,+how+much+will+you+accumulate+in+your+account+after+10+years?
Future Value:$4,144.68
Principal:$2,800.00
Interest:$1,344.68
Three components are required to calculate future values with compound interest: the present value or principal amount, an interest rate, and the number of investment periods. The formula takes your current investment amount and adds it to the interest that will eventually compound. The following is the formula:
FV = PV(1+i)n
Future Value (FV)
Present Value Equals PV
Number of compounding periods is indicated by the decimal form of the period interest rate, i.
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Stone sour co. has an roa of 9 percent and a payout ratio of 18 percent. what is its internal growth rate?
The internal growth rate is 7.97% Approximately
The internal growth rate is computed as shown below:
= ROA x ( 1 - payout ratio ) / [ 1 - ( ROA x payout ratio) ]
= 0.09 x ( 1 - 0.18 ) / [ 1 - ( 0.09 x 0.18 ) ]
= 0.0738 / 0.9262
= 7.97% Approximately
An internal growth rate (IGR) is the best degree of growth potential for a commercial enterprise with out acquiring outdoor financing. A firm's most inner increase rate is the extent of business operations that may maintain to fund and grow the corporation with out issuing new equity or debt.
The IGR assumes that operations can be entirely self-funded by way of the corporation's retained profits. In evaluation, the sustainable increase price (SGR) includes the effect of external financing, however the current capital structure is kept steady.
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Is an allocation of the cost of buildings, vehicles, and equipment to expense over time as they are used.
Depreciation is an allocation of the cost of buildings, vehicles, and equipment to expense over time as they are used.
The basic journal entry for depreciation is to debit the Depreciation Expense account (which appears in the income statement) and credit the Accumulated Depreciation account (which appears in the balance sheet as a contra account that reduces the number of fixed assets).
The purpose of depreciation is to represent an accurate value of assets on the books. Every year, as assets are used, their values are reduced on the balance sheet and expensed on the income statement.
Straight-line depreciation is the simplest method for calculating depreciation over time. Under this method, the same amount of depreciation is deducted from the value of an asset for every year of its useful life.
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The ________ phase of the portfolio selection process involves steps such as prescreening, individual project analysis, and portfolio adjustment.
The PRE-PROCESS phase of the portfolio selection process involves steps such as prescreening, individual project analysis, and portfolio adjustment.
To recap from the introduction to portfolio management, managers will use the portfolio selection process, also known as the asset allocation process, to select portfolios that will produce the highest expected return at their target level of risk or standard deviation of return.
At this point in the learning process, let’s consider three key steps involved in the portfolio selection process: among other things, he or she also will provide screening, individual project analysis, and portfolio adjustment.
Pre-process phase of Portfolio: To pre-process your portfolio, there are three steps to take.
First, prescreen portfolios that meet the evaluation criteria.
Second, analyze the individual project phase.
Finally, adjust portfolios by making changes to move projects from one portfolio phase to another if they don't meet that phase's criteria.
Adjusting a portfolio involves removing a project from one phase and adding it to another, or deleting it altogether.
The simplest way to do this is by clicking on the small red icon that appears on each project icon when you hover over it with your mouse pointer.
Importance of Portfolio's: One of the most important considerations for a design school student is what type of portfolio to prepare for admission.
In order to be competitive, it's crucial that you build your portfolio based on the school you're applying to.
They may have specific requirements as far as how many pieces of work are required or how big they should be in physical size.
If you can't meet these requirements then it may not make sense to spend time and money preparing a portfolio.
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A+recent+survey+found+that+70%+of+all+adults+over+50+wear+glasses+for+driving.+in+a+random+sample+of+10+adults+over+50,+what+is+the+probability+that+at+least+six+wear+glasses?
A recent survey found that 70% of all adults over 50 wear glasses for driving. In a random sample of 10 adults over 50, the probability that at least six wear glasses is 84.97%.
There are only two conceivable outcomes for every adult beyond the age of 50. They either wear spectacles or they don't.
This means that we will answer the problem using the binomial probability distribution.
The binomial probability is the likelihood of achieving exactly x successes on n trials, where X can only have two possibilities.
P (X=x) = [tex]C_{n,x} * p^{x} * (1 - p)^{(1-x)}[/tex]
In which [tex]C_{n,x}[/tex] is the number of distinct combinations of x items from a collection of n elements, as determined by the formula below.
[tex]C_{n,x}[/tex] = [tex]\frac{n!}{x!(n-x)!}[/tex]
And p is the probability that X will occur.
Since we are given that n = 10 and p = 0.7
[tex]P(X \geq 6) = P(X = 6) + P(X = 7) + P(X = 8) + P(X = 9) + P(X = 10)[/tex]
= 84.97%
Hence, the answer is 84.97%.
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Compute the future value of $2,500 continuously compounded for (do not round intermediate calculations. round the final answers to 2 decimal places. omit $ sign in your response.)
If we value some thing or a person, we assume that they're essential and also you admire them. I value the opinion of my husband and we agree on maximum matters. 3. variable noun. The fee of something is how tons cash it's miles really worth.
Values help us live with route and reason – like a guiding compass. something goes on in our lives, our values can show us a path forward, and assist us make higher alternatives. Values are also in detail linked to our feel of self, and they may be crucial for our intellectual health.
Nau ew N=es B S D
a)|destiny price) $five,136.08 |=2500*exp(6*12%)
b)|future fee] $3,881.seventy seven |=2500*ExP(four*eleven%)
c) |future fee| $four,555.30 |=2500*Exp(12*five%)
d)|future cost| $5,034.38 |-2500*Exp(10*7%)
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Your credit card company charges you 1.5 percent per month. what is the annual percentage rate on your account?
You pay 1.5 percent interest on your credit card each month. This indicates that the actual interest rate you pay is 19.56 percent annually.
Nowadays, the majority of credit cards have variable interest rates based on an interest rate index. Normally, this interest is compounded daily. The minimum payment is due once a month, nevertheless.
Once a month, interest is calculated. The calculated interest is added to the account balance each month at a rate of r = 1.5 percent. This suggests that the balance will grow faster than 19.56% every year. You may calculate the effective annual rate (EAR) for this card by following the formula:
EAR = [tex](1 + r)^{Month}-1[/tex]
EAR = [tex](1+0.015)^{12} -1[/tex]
EAR = 19.56%
The effective interest paid is 19.56% per year.
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Why is it important to think about earning potential and employment growth rate when thinking
about a trade to pursue?
It is important to think about earning potential and employment growth rate when thinking about a trade to pursue because it gives you valuable insight into how easy it will be for you to get employed in that particular occupation. Say that you already know what career you want to pursue.
Total employment is projected to grow by 8.3 million jobs from 2021-31. Nearly a third of recent jobs are projected to be in tending and social assistance. Pandemic recovery could be a key driver of projected job growth in some sectors. The activity Outlook reference book options 2021-31. Jobs growth is measured within the U.S. by the number of workers other than nonfarm payrolls monthly, as reportable by the U.S. Bureau of Labor Statistics (BLS).
It's a key indicator of the pace of economic expansion. Nonfarm payrolls are a part of our state of affairs outline printed by the BLS, the widely followed applied mathematics release higher referred to as the monthly jobs report. Jobs growth refers to internet increases within the variety of nonfarm payrolls throughout the previous month. This number is widely followed as a result employment is crucial for economic performance.
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For bi to be successful, the _____ in the organization must be strongly committed to data-driven decision making.
For bi to be successful, the management in the organization must be strongly committed to data-driven decision-making.
An organization e is a collection of folks who paintings collectively, like a community affiliation, a charity, a union, or an enterprise. you can use the phrase organization to refer to group or business, or to the act of forming or setting up some thing.
An organization is an official group of people, for instance a political party, a enterprise, a charity, or a club. maximum of those specialized faculties are supplied by using voluntary agencies. ... a document by using the global Labour business enterprise. Synonyms: organization, organization, birthday party, frame extra Synonyms of company.
An organization is a group of or extra individuals and the coordinated allocation of resources around a not unusual goal or objective.
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You+want+to+set-up+a+scholarship+fund+at+san+jose+state+university,+which+pays+a+student+$5,000/year,+indefinitely.+assuming+a+discount+rate+of+4.25%,+how+much+would+you+need+today?
The present value of perpetuity will be - $ 1,17,647.
given, annual cashflow = 5000
rate of interest = 4.25% = 0.0425
Present value of perpetuity will be = annual cashflow/ rate of interest
= 5000/ 0.0425
= $117,647
In finance, a perpetuity is a security which reimburses a constant cash flow. It's primarily an income stream with no set end date. Merely dividing the amount of the frequent cash flows by the discount factor produces the current value of a perpetuity. A growing perpetuity has a growth rate that elevates the cash flows obtained in each period in the coming years. Perpetuities are uncommon financial products these days, however the notion of a perpetuity still it seems to be crucial in finance.
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The complete question is here:
You want to set-up a scholarship fund at San Jose State University, which pays a student $ 5000/year, indefinitely. Assuming a discount rate of 4.25%, how much would you need today.
When employees are paid for exactly how much time they work, they are paid on a(n) _____ basis.
When employees are paid for exactly how much time they work, they are paid on a(n) hourly basis.
Briefing :Employees who are purchased the exact amount of working time, that is, they're paid by the hour, receive a variable wage. this suggests that the salary these employees receive depends exclusively on the number of hours they work.
Is the amount of time for which an employee is paid?A pay period may be a recurring length of time over which employee time is recorded and paid for. samples of pay periods are weekly, biweekly, semimonthly, and monthly. Weekly: A weekly pay period leads to 52 paychecks in a year
Is the compensation paid on the basis of a rate per hour worked?Base pay is that the initial salary paid to an employee, not including any benefits, bonuses, or raises. it's the rate of compensation an employee receives in exchange for services. An employee's base pay are often expressed as an hourly rate or weekly, monthly, or annual salary.
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The aggregate demand curve indicates a(n) _____________ relationship between the price level and the quantity demanded of real gdp;
The aggregate demand curve indicates a(n) direct, indirect, horizontal relationship between the price level and the quantity demanded of real GDP;
An aggregate demand curve suggests the whole spending on home items and offerings at every charge degree. You can see an instance mixture call for the curve below. Just like in a mixture deliver curve, the horizontal axis suggests actual GDP and the vertical axis suggests charge degree.
The aggregate demand curve represents the whole of consumption, investment, authorities purchases, and internet exports at every charge degree in any period. It slopes downward due to the wealth impact on consumption, the hobby price impact on investment, and the worldwide alternate impact on internet exports.
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The chester company will increase its automation for the cone product by 2.0. assuming no further change in capacity, how much will this investment in automation cost?
Investment in automation cost = $8,800,000.
How is automation cost calculated?Current annual workflow expenses are calculated as follows: time (the amount of time each process step takes), cost (the employee cost per hour), frequency (the number of times the workflow is done each month), frequency x 12 (months), plus total software and implementation costs.Compared to the manual approach, annual production costs are much cheaper due to lower labor expenditures. Production using the automated system cost $540,000 over a two-year period, while the manual system would have cost $900,000. That amounts to a $360,000 return, or a 90% ROI.The economics of automating warehouse operations are becoming more and more obvious. For example, although the minimum wage in the US is $15 per hour, renting a robot (as opposed to buying one for about $100,000) costs only $8 per hour.The Chester company will increase its automation for the cone product by 2.0. assuming no further change in capacity, how much will this investment in automation cost?
Following are the information of Cent:
Current automation = 7%
Capacity of next round = 1,100
New automation = 7 + 2 = 9
Investment in automation cost = Capacity * (4 * (New automation - previous automation)) * 1000
= 1,100 * (4 * (9 - 7)) * 1,000
= 1,100 * (4 * 2) * 1000
= 1,100 * 8 * 1,000
= $8,800,000.
Investment in automation cost = $8,800,000.
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Boomer company purchased office equipment for $1,000 on december 5. the office equipment depreciated $30 during december. the adjusting entry should include a:________
Boomer company purchased office equipment for $1,000 on december 5. the office equipment depreciated $30 during december. the adjusting entry should include a: Debit to Depreciation expense $ 30
Adjusting entries correct previously recorded journal entries, allowing revenue and costs to be recognized as they occur.
Assume, for example, Depreciation that you bill a customer for $1,000 in services in December. They then pay you in January or February, after the previous fiscal year has ended.
To begin, you record the cash in December as profit expected to be collected in the future in accounts receivable. Then, when the client pays in February, an adjustment entry must be made to record the receivable as cash.
This is referred to as an accrued revenue adjustment entry.
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If you were conducting a financial feasibility analysis for embrace, (a) what issues would you consider to complete this analysis and (b) why are those issues important?
Financial feasibility describes whether your project is financially viable. Financial feasibility report including cost/benefit analysis of the project. It also forecasts expected return on investment (ROI) and outlines financial risks.
It is important to consider the Financial feasibility for people who want to buy it and then long-term inventory for rent. The “growth of the company” and the need to determine income and expenses are also important. Issues such as these are important not only to reach the breakeven point but to exceed it.
The most important questions to consider in a financial viability analysis are the total amount of cash needed to start, the financial performance of similar businesses, and the overall financial attractiveness of the business. proposed business.
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The case explains that starbucks has far more retail outlets than does dunkin’ donuts, and it is sometimes said that in many cities you can find a starbucks on almost every corner. What type of macro strategy for starbucks does this difference between the two companies represent?.
The type of macro strategy for Starbucks represented by the difference between these two companies is locational excellence.
Macroeconomics studies the economy as a whole. This economics study specifically learns about the economy on a large scale and comprehensively. Macroeconomics is often used as an instrument to analyze and design a series of policy targets related to inflation, employment, economic growth, and a sustainable balance of payments balance.
This economic study can also be used to analyze producers as a whole. Consumers are also not left behind; Macroeconomics analyzes them in the context of how to allocate income to buy goods and use services.
There are several types of macroeconomic objectives, and they affect the economy of a country. Each of these goals is aimed at solving problems that arise in a country.
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Explain whether a monopoly that maximizes profit will also be maximizing revenue and production.
A monopoly that maximizes profit is not maximising revenue and production as because revenue is highest when Marginal Revenue equals to 0.
As revenue is maximum when Marginal Revenue equals 0, a monopoly that maximizes profit is not also maximizing production.
Setting its supply at a point where Marginal Cost (MC) equals Marginal Revenue allows a monopoly to maximize profit (MR).
Revenue - costs equals profit.
Therefore, when a monopolist seeks to maximize profit, he is not maximizing revenue; rather, he is maximizing (Revenue - Cost), where revenue is maximized until MR equals zero and continues until MR is positive. When MR = 0, total revenue starts to rise and reaches its peak.
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Which approach is best for displaying the actual slack values for your project tasks?
The easiest way to determine the true slack values is to activate the slack checkbox on the view tab because it actually gives the best representation of the actual slack values for each project work.
What is project-based learning?Over a lengthy period of time, ranging from a week to a semester, students work on a project that requires them to address a challenging subject or solve a real-world problem. They create a public product or presentation for a genuine audience to show off their expertise and talents.
Students as a result acquire in-depth subject knowledge in addition to critical reasoning, teamwork, creativity, and communication abilities. Students and teachers that participate in project-based learning see an upsurge in creative energy.
Project-based learning (PBL), according to Thomas Markham (2011), "integrates knowledge with doing. The basic curriculum is covered in class, but students also apply what they have learned to real-world situations and meaningful outcomes. PBL students use digital technologies to create collaborative, high-quality projects. PBL shifts the emphasis of education back to the student rather than the curriculum—a change required by a global economy that values intangible qualities like drive, passion, creativity, empathy, and resiliency. These need to be awakened through experience rather than being taught from a book.
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How+much+would+$5,000+due+in+25+years+be+worth+today+if+the+discount+rate+were+5.5%?
a. $1,067.95
b. $1,124.16
c. $1,183.33
d. $1,245.61
e. $1,311.17
e.$1,311.17 would $5,000 due in 25 years be worth today if the discount rate were 5.5%.
Discounts are reductions of the normal charge of a services or products with a purpose to gain or boom sales. these reductions—also generally known as "sales" or markdowns—are utilized in a wide range of industries by using each retailers and producers.
A discount is the discount of both the economic amount or a percent of the regular promoting charge of a products or services. as an instance, a reduction of $10 can be supplied from the listing charge of a product, or as a ten% discount from the listing rate.
Discount in price makes a psychological impact on the purchaser which results in the acquisition. the 2 kinds of cut price presented are exchange discount and cash discount.
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Sho needs to purchase a dress shirt for an upcoming job interview. He shops at kohl’s and sees that he can choose from different brands, including apt. 9, chaps, arrow, croft & barrow, and many more. The dress shirts come in a variety of colors, materials, and price points. Which type of competitor structure is illustrated?.
Monopolistic competition is sort of competitor structure is illustrated in the given situation according to the question.
Elaborate:
Monopolistic competition exists when a firm with many potential competitors attempts to discover a marketing strategy to differentiate its product. the manufacturers of the dress shirts differentiate them by style and color, materials, and price.
What Is Monopolistic Competition?
Monopolistic competition exists when several companies offer competing products or services that are resemble , but not perfect, substitutes. The barriers to entry during a monopolistic competitive industry are low, and therefore the decisions of any one firm do not directly affect its competitors.
What is the characteristics of monopolistic competition?
Monopolistic Competition may be a type of market structure where there are many firms in the market, but each and every offers a different product. it's characterized by low barriers to entry and exit, which creates fierce competition.
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Costs associated with inspecting, unpacking and putting incoming inventory into storage are components of ____ cost.
Expenses related to examining, unpacking, and setting incoming stock into storage are components of Ordering or setup charges.
Storage means the act of retaining things and the vicinity wherein you maintain them. That can be fixtures designed to maintain small objects: Bookcase, cabinet (fixtures), Chest (furniture), cabinet, desk, Sideboard (hutch), fridge, and many others.
Information storage refers to the usage of recording media to hold records of the usage of computer systems or different devices. The most familiar sorts of statistics storage are document storage, block storage, and object storage, with every being ideal for extraordinary functions.
A storage unit is shelving for maintaining goods, commonly in a warehouse and not at the sales ground. Refrigerated storage gadgets within the distribution centers shop perishables. Use storage units with drawers for small gadgets which include socks and ties, so that the income region is not cluttered.
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Gwhat should you do if you start having a hard time paying your mortgage?
Call your mortgage servicer as soon as possible if you are having trouble making your mortgage payments or are concerned about missing one.
Your service provider might provide options like these.
Refinance.
Consider modifying your loan.
Make a repayment strategy.
Obtain patience.
Short sell your house.
New regulations demand that your mortgage servicer get in touch with you as away once you become delinquent and inform you of any choices you may have to prevent foreclosure so that you can give your property back to your lender through a "deed-in-lieu of foreclosure." You must submit a mortgage assistance application, often known as a "loss mitigation" application, in order to receive this assistance. It's critical that you give your servicer all the details they want; otherwise, they won't be able to.
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_____ includes ongoing support and maintenance costs, as well as acquisition costs.
TCO (Total cost of ownership) is the cost that includes ongoing support and maintenance cost along with acquisition cost. Total cost of ownership is basically purchase price of asset along with cost of operation. Total cost of ownership is actually a way of assessing the long-term value of a purchase to a company or individual.
Different corporations use the total cost of ownership as a means of analyzing business deals, while individuals basically look at the total cost as a way of assessing potential purchases.
Companies use this cost of ownership over the long term as a framework for analyzing business deals. The total cost of ownership is a way of adopting more holistic approach that assesses the purchase. This sort of analysis includes the initial purchase price as well as all direct and indirect expenses.
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An offer is the expression of a willingness to enter into a contract by the offeror’s promising an offeree that she will perform certain obligations _______ some legal benefit from the offeree.
Top managers use _______ planning to determine what the organization's long-term goals should be for the next one to five years with the resources they expect to have available.
'Top managers use strategic planning to determine the organization's long-term goals should be for the next one to five years with the resources they expect to have available.
A strategy is a general plan for achieving one or more long-term or general goals under uncertain circumstances. Her five stages of the process are goal or objective setting, analysis, strategy development, strategy implementation, and strategy monitoring. A strategic management process is more than a set of rules. A philosophical approach to business.
Strategic goals are long-term, overarching goals for an organization, not short-term tactics to address current problems and challenges. Strategy helps organizations improve how they work and set new goals instead of simply improving or correcting what the organization is already doing.
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The balance of trade is the difference between the monetary cost of the ______________ that a nation exports and the monetary cost of what it imports.
The balance of trade is the difference between the monetary cost of the goods and the services that a nation exports and the monetary cost of what it imports.
The number of liquid funds that a product or service fees a consumer to buy. The monetary price of a terrific would possibly encompass the coins had to buy it, the time and charges worried in searching for it, and the hazard taken in spending money to acquire the expected enjoy the desirable's capabilities.
Possibility value is a notional cost as it's miles in the nature of loss of potential profit and now not actual coins value incurred. Cash fee is a real price this is incurred and calls for real agreement through price thru cash, take a look at or draft, etc.
Money cost refers back to the sum of monetary costs incurred by the manufacturer for generating a commodity. Actual price refers to the trials the pain and disutility concerned in providing the elements of production by their owners.
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