On January 1, 2011, Frankfort Company made a basket purchase including land, a building and equipment for $760,000. The appraised values of the assets are $40,000 for the land, $680,000 for the building and $80,000 for equipment. Frankfort uses the double declining balance method of depreciation for the equipment which is estimated to have a useful life of five years and a salvage value of $10,000. The depreciation expense for 2011 for the equipment is:
A. $13,200.
B. $20,000.
C. $30,000.
D. $30,400.​

Answers

Answer 1

The cost of the equipment is $80,000 and its estimated salvage value is $10,000. Therefore, its depreciable cost is $80,000 - $10,000 = $70,000. The depreciation expense for 2011 for the equipment is: $30,400. The correct option is D.

Depreciation is the decrease in the value of an asset over time due to wear and tear, obsolescence, or other factors. In accounting, depreciation is an expense that reflects the decline in an asset's value over its useful life.

Depreciation is usually applied to long-term tangible assets such as buildings, machinery, and equipment, as well as intangible assets like patents and copyrights.

Thus, the ideal selection is option D.

Learn more about depreciation here:

https://brainly.com/question/17827672

#SPJ1


Related Questions

Digital sep helps us reimagine outcomes?

Answers

Digital SEP (Social and Emotional Learning Program) is a tool that is designed to support the social and emotional development of students through the use of technology.

It is an innovative approach that can help us reimagine outcomes in education by providing students with the skills and knowledge they need to succeed in the 21st century.

One of the most significant benefits of Digital SEP is that it helps students develop the social and emotional skills they need to navigate a rapidly changing world. These skills include self-awareness, self-regulation, empathy, and responsible decision-making, among others.

By learning these skills through the use of technology, students are better prepared to face the challenges of the future, both in their personal and professional lives.

Another advantage of Digital SEP is that it allows students to learn at their own pace and in their own way. With the help of interactive digital tools, students can engage with the material in a more meaningful and personalized way, which can lead to better retention of information and improved outcomes.

Overall, Digital SEP can help us reimagine outcomes in education by providing students with the tools they need to succeed in the 21st century. By focusing on social and emotional learning, we can create a more holistic approach to education that prepares students for the challenges of the future.

For more such questions on Digital SEP visit;

https://brainly.com/question/14789807

#SPJ11

We are evaluating a project that costs $1.68 million, has a five-year life and no salvage value. Assume depreciation is straight-line to zero over the life of the project. Sales are projected at 82 000 units per year. Price per unit is $43.29, variable cost per unit is $22.18 and fixed costs are $623 000 per year. The tax rate is 34% and we require a 10% return on this project. What is the sensitivity of NPV to a 100-unit change in the sales figure?

Answers

The sensitivity of NPV to a 100-unit change in sales is -$0.20. This means that for every 100-unit increase in sales, the NPV of the project decreases by $0.20.

To calculate the sensitivity of NPV to a 100-unit change in sales, we need to calculate the NPV of the project at two different sales levels: 82,000 units and 82,100 units. The difference between the two NPV figures will tell us the sensitivity of NPV to a 100-unit change in sales.

First, let's calculate the annual cash flows for the project at 82,000 units:

Revenue = 82,000 x $43.29 = $3,548,780

Variable costs = 82,000 x $22.18 = $1,817,560

Fixed costs = $623,000

Depreciation = $1,680,000 / 5 = $336,000

Taxable income = $772,220

Taxes = $262,300 (34% x $772,220)

Net income = $509,920

Operating cash flow = $846,920 ($509,920 + $336,000)

Now, let's calculate the NPV of the project at 82,000 units:

Year 0: -$1,680,000

Year 1-5: $846,920 / (1 + 10%)^n, where n = year

NPV = -$1,680,000 + ($846,920 / 0.621) = $-423,338.18

Next, let's calculate the annual cash flows for the project at 82,100 units:

Revenue = 82,100 x $43.29 = $3,553,809

Variable costs = 82,100 x $22.18 = $1,820,758

Fixed costs = $623,000

Depreciation = $1,680,000 / 5 = $336,000

Taxable income = $772,051

Taxes = $262,514.34 (34% x $772,051)

Net income = $509,536.66

Operating cash flow = $845,536.66 ($509,536.66 + $336,000)

Now, let's calculate the NPV of the project at 82,100 units:

Year 0: -$1,680,000

Year 1-5: $845,536.66 / (1 + 10%)^n, where n = year

NPV = -$1,680,000 + ($845,536.66 / 0.621) = $-423,701.25

Finally, we can calculate the sensitivity of NPV to a 100-unit change in sales:

Sensitivity = (NPV at 82,100 units - NPV at 82,000 units) / (100 units x price per unit)

Sensitivity = ($-423,701.25 - $-423,338.18) / (100 x $43.29) = -$0.20

for more such questions on sensitivity

https://brainly.com/question/30608494

#SPJ11

process of accomplishing goals of an organization through the effective use of people and other resources

Answers

The process of accomplishing goals of an organization through the effective use of people and other resources is called resource management.

This involves PODC (planning, organizing, directing, and controlling) resources in order to achieve the organization's objectives in an efficient and as wells as in an effective manner. By maximizing the use of available resources, organizations can optimize their performance and achieve their goals.

The process of accomplishing the goals of an organization through the effective use of people and other resources is called management. Viable administration requires the capacity to persuade representatives, delegate liabilities, and give direction and input. This includes hiring the right people, giving them opportunities for training and growth, and making the workplace a good place to work.

To know more about Goals Visit,

https://brainly.com/question/1512442

If there are still other vehicles in the intersection when your red
light turns green, you should:
Move ahead only if you can go around the other vehicles safely
Enter the intersection and wait for traffic to clear
Wait until the vehicles clear the intersection before entering

Answers

If there are still other vehicles in the intersection when your red light turns green, you should wait until the vehicles clear the intersection before entering. Even if your light is green, it is still important to ensure that the intersection is clear before proceeding.

If you enter the intersection when other vehicles are still present, you risk causing an accident or obstructing the flow of traffic. It is important to be patient and wait until it is safe to proceed. If you are unsure whether it is safe to enter the intersection, it is best to wait until you have a clear view of the traffic and can safely proceed.

Learn more about vehicles here:

https://brainly.com/question/31842762

#SPJ1

10
points
Splish Splash Art is a centre that offers children's music and dance lessons. Splish Splash prepares annual financial statements and
has a December 31, 2023, year-end.
4
a. On September 1, Splish Spash Art collects $20,900 cash for dance lessons running from September 1, 2023 to December 31, 2023.
b. On October 1, Splish Splash Art collects $5,400 cash in advance from the Music Box Inc. ($2.700 per month) to rent its performance
stage for the full month of December 2023 and January 2024.
c. On October 1, 2023, Splish Splash Art collects $8,600 cash for four months of music lessons for a local private school. The lessons
run from October 1, 2023 to January 31, 2024.
Print
Required:
For the above transactions, record the initial journal entry and the adjusting entry required on December 31, 2023.
View transaction list
Journal entry worksheet
1
2
Record cash received in advance for future dance lessons.
Note: Enter debits before credits.
Date
Sep 01, 2023 (Cash
General Journal
Debit
20,900
Credit
Help
20,900

Answers

Answer:

(If you like this answer i would appreciate if u give brainliest but otherwise, i hope this helped ^^)

Explanation:

Journal Entry:

Date: September 1, 2023

Account Title Debit ($) Credit ($)

Cash 20,900

Unearned Revenue 20,900

Explanation:

The journal entry records the cash received in advance for future dance lessons. The cash received is debited to the Cash account, indicating an increase in cash. The Unearned Revenue account is credited, representing the liability created as the service (dance lessons) is yet to be provided.

Adjusting Entry (December 31, 2023):

Date: December 31, 2023

Account Title Debit ($) Credit ($)

Unearned Revenue 20,900

Revenue 20,900

Explanation:

The adjusting entry on December 31, 2023, is made to recognize the portion of the unearned revenue that has been earned as of the year-end. The Unearned Revenue account is debited to reduce the liability, indicating that the portion of the dance lessons has been provided. The Revenue account is credited to record the revenue earned during the period.

Please note that for parts (b) and (c) of the question, additional information is needed to provide accurate journal entries and adjusting entries.

Which of the following statements is true regarding project managers?
O a. Project managers have authority over the project but not over the people assigned to it.
O b. Project managers have authority over finances but not over the product assigned to them.
c. Project managers have authority over resources but not over the project assigned to them.
d. Project managers have authority over people but not over the project assigned to them.
O e. Project managers have authority over people but not over the other resources assigned to the project.

Answers

The truth regarding project managers is option a. Project managers have authority over the project but not over the people assigned to it.

As the leader of a project, a project manager is responsible for ensuring the project's success by overseeing various aspects such as planning, execution, monitoring, and closure. They are also in charge of managing the project's scope, time, cost, quality, and risks. However, a project manager's authority over the people assigned to the project is often limited.

While they can assign tasks and set deadlines, they may not have direct control over the team members, as these individuals usually report to their functional managers. Project managers work with functional managers to coordinate resources and ensure team members are engaged and contributing effectively to the project. This arrangement enables project managers to focus on the overall project objectives and delegate specific tasks to team members with relevant expertise.

Project managers rely on their communication, negotiation, and problem-solving skills to work effectively with team members and stakeholders to achieve project goals. In summary, project managers have authority over the project, but their authority over the people assigned to it is often limited, as team members usually report to their respective functional managers. Therefore, the correct answer is option a.

know more about Project managers here:

https://brainly.com/question/27995740

#SPJ11

NB: For question 3.1.1 show the necessary calculations and draw the graph relevant to this question. 3200 3.1.2 Explain the differences between the demand curve of a monopoly and a monopolistic firm. (6) 3.1.3 Which institution is responsible for investigating cases of collusion and what happens to firms who are found guilty of collusion? (4) [50]​

Answers

The demand curve of a monopoly is steep, whereas the demand curve of a monopolistic corporation is flat, and this is the primary distinction between the two.

A monopoly occurs when there is only one supplier of a good or service, and the good has no reasonable alternatives.

The inelasticity of the demand for the good means that variations in price have little impact on the amount sought. In contrast, there are numerous vendors offering products that are similar but not identical in a monopolistic rivalry, giving customers a variety of alternatives.

Learn more about on monopoly, here:

https://brainly.com/question/31918762

#SPJ1

4. An increase in worker productivity typically does the following within the AS-AD model?
A. An increase in the price level coupled with an increase in real GDP and LRAS
B. A decrease in the price level and LRAS coupled with an decrease in real GDP
C. A decrease in the price level coupled with an increase in real GDP and LRAS
D. An increase in the price level and LRAS coupled with a increase in real GDP

Answers

A decrease in the price level coupled with an increase in real GDP and LRAS  reflects within  the AS-AD model. Option C is correct.

The Total Interest/Total Inventory (Promotion/AS) model shows the pay assurance and cost levels. The AS curve moves to the right as productivity rises in an economy, indicating an increase in aggregate output and a fall in price.

As productivity rises or key input prices fall, the aggregate supply curve moves to the right, allowing for lower inflation, increased output, and lower unemployment.

The AD curve will shift to the right if any of the components increase, resulting in a higher equilibrium level of real output. However, the aggregate supply over the long term (LRAS) does not change. Therefore, measures that increase AD can lead to growth in the short term.

Learn more about AS-AD model:

brainly.com/question/29671240

#SPJ1

21. Suppose the AD curve is given by P 400-Y and the SRAS curve is given by P100+ 2Y2, for P the price
level and Y' the amount of real GDP in trillions (which is defined by the classic GDP accounting identity). Potential
real GDP (i.e., LRAS) is $17 trillion.
A. Solve for the equilibrium price level and real GDP. What is the size of the output gap? (5 points)
B. Draw the AS-AD model using the above equations as your guide. You don't need to graph exact points, but
at least make sure the SRAS, AD, and LRAS curves have the shapes associated with their equations/data.
(2.5) points
C.
Suppose the federal government is running a deficit. Demonstrate the effect of deficit spending within your
diagram. (2.5 points)
D.
Suppose the Federal Reserve implements Open Market Operations by purchasing bonds from banks such at
AD shifts to P800-Y. What is the new equilibrium price level and real GDP? What is the size of the
output gap? (5 points)
E.
Given your answer to part D, did the Federal Reserve implement too much, too little, or just the right
amount of bond purchases? Explain your answer. (5 points)
F. Suppose the combined effects of part D and E linger, and the federal government continues the need to
deficit spend. What effect will this have on the price level and real GDP, and how will the Federal Reserve
likely need to respond to these effects? (5 points)

Answers

A. The equilibrium price level is 250, and the equilibrium real GDP is 15 trillion. The size of the output gap is 2 trillion (17 - 15).

C. Deficit spending shifts the AD curve to the right.

D. The new equilibrium real GDP is 10 trillion. The size of the output gap is now 7 trillion (17 - 10).

E. The Federal Reserve implemented too much bond purchases.

F. If the federal government continues to deficit spend, it will further shift the AD curve to the right and lead to higher inflation and a higher equilibrium price level.

A. To find the equilibrium price level and real GDP, we need to set the AD curve equal to the SRAS curve and solve for P and Y:

P = 400 - Y

P = 100 + 2Y^2

Setting these equal and solving for Y, we get:

400 - Y = 100 + 2Y^2

2Y^2 + Y - 300 = 0

(Y - 15)(2Y + 20) = 0

Therefore, Y = 15 trillion (since we can't have negative GDP), and plugging this into either equation gives P = 250. So the equilibrium price level is 250, and the equilibrium real GDP is 15 trillion. The size of the output gap is the difference between the equilibrium real GDP and potential real GDP (LRAS), which is 2 trillion (17 - 15).

B. See attached image.

C. Deficit spending shifts the AD curve to the right, since the government is increasing its spending and thereby increasing aggregate demand. This would cause a new equilibrium to be established at a higher price level and higher real GDP, moving closer to potential GDP.

D. If the AD curve shifts to P800-Y, we can set that equal to the SRAS curve and solve for P and Y:

P = 800 - Y

P = 100 + 2Y^2

800 - Y = 100 + 2Y^2

2Y^2 + Y - 350 = 0

(Y - 10)(2Y + 35) = 0

Therefore, Y = 10 trillion, and plugging this into either equation gives P = 790. So the new equilibrium price level is 790, and the new equilibrium real GDP is 10 trillion. The size of the output gap is now 7 trillion (17 - 10).

E. The Federal Reserve implemented too much bond purchases, since the new equilibrium real GDP is now below potential GDP. This means that the economy is producing less than it is capable of, leading to unemployment and unused resources. The Federal Reserve should have aimed to shift the AD curve just enough to close the output gap and bring the economy to potential GDP.

F. If the federal government continues to deficit spend, it will further shift the AD curve to the right and lead to higher inflation and a higher equilibrium price level. To counteract this, the Federal Reserve may need to increase interest rates to decrease aggregate demand and prevent further inflation. Alternatively, the government may need to reduce its spending or implement policies to increase LRAS and shift the LRAS curve to the right, allowing for a higher potential GDP and a higher equilibrium real GDP without causing inflation.

for more such questions on equilibrium

https://brainly.com/question/22569960

#SPJ11

United States citizens pay taxes on all parts of their gross earnings.
A. true
B. false

Answers

Answer: yes, true

Explanation: United States tax residents must report their entire income to the IRS and pay taxes. It does not matter whether the money was earned within the country or internationally, all income must be reported to the IRS.

1. Which effect implies that as the price level within an economy increases, the buying power of savings will
typically fall?
A. Wealth effect
B. Interest rate effect
C. Income effect
D. Substitution effect

This is for Economics!

Answers

The wealth effect implies that as the price level within an economy increases, the buying power of savings will typically fall.

draw distinction between derivative action as exception to the principle of majority rules of company

explain three of classifying managers​

Answers

There are several ways to classify managers, but here are three common approaches By level, By function, By style.



By level: One way to classify managers is by their level in the organizational hierarchy. For example, top-level managers are responsible for setting overall goals and strategies for the organization, while middle-level managers oversee specific departments or functions, and front-line managers supervise the day-to-day activities of individual employees.

By function: Another way to classify managers is by the functional area they oversee. For instance, a marketing manager is responsible for promoting and selling the organization's products or services, while a human resources manager is responsible for recruiting, training, and managing employees.

By style: A third way to classify managers is by their management style or approach. For example, some managers may be more autocratic, making decisions and giving orders without much input from their subordinates. Others may be more democratic, seeking input and feedback from their team before making decisions.

Still, others may be more laissez-faire, giving their employees a high degree of autonomy and trusting them to make decisions on their own.

Overall, these different ways of classifying managers can help organizations to better understand the roles and responsibilities of their managers, and to develop more effective leadership strategies that align with their specific needs and goals.

For more such questions on managers visit:

https://brainly.com/question/1276995

#SPJ11

ABC Corporation, a leading consulting firm, is in the process of hiring a new team member for their client relations department. The hiring manager is conducting interviews with several candidates. As the interviews progress the manager finds that he is particularly impressed by candidates who have graduated from prestigious universities. He believes that attending such institutions indicates a high level of intelligence, competence and potential for success. Consequently, he unconsciously prioritizes candidates who have attended prestigious universities which may impact his overall evaluation and decision-making.

Question:

Identify the type of potential bias that may be influencing the manager’s evaluation of candidates. Support your answer with logical reasoning.

Answers

The type of potential bias that may be influencing the manager's evaluation of candidates is called educational bias or prestige bias.

This bias occurs when an individual gives preferential treatment or places a higher value on candidates who have attended prestigious universities or institutions.

In this scenario, the hiring manager is unconsciously prioritizing candidates from prestigious universities based on the belief that attending such institutions indicates a high level of intelligence, competence, and potential for success.

The manager is assuming that graduates from prestigious universities possess superior skills and qualifications compared to candidates from other educational backgrounds.

However, this bias can be problematic for several reasons. Firstly, it assumes that attending a prestigious university is a reliable indicator of an individual's abilities and potential, disregarding the fact that intelligence and competence can be found in individuals from a wide range of educational backgrounds.

Secondly, it overlooks the diversity of experiences and perspectives that candidates from different educational institutions can bring to the table. By favoring candidates from prestigious universities, the manager may inadvertently create a homogenous team lacking in diverse ideas and approaches.

Furthermore, educational bias can perpetuate social inequality and limit opportunities for candidates from less prestigious institutions, even if they possess the necessary skills and qualifications for the role.

It reinforces a hierarchical view of education where the reputation of the institution becomes a defining factor, disregarding individual achievements, experiences, and capabilities.

To mitigate this bias, it is important for the hiring manager to focus on evaluating candidates based on their individual skills, experiences, achievements, and potential rather than relying solely on the prestige of their educational background.

Implementing structured interview processes, assessing relevant competencies, and considering a diverse pool of candidates can help counteract the influence of educational bias and promote fairness in the selection process.

For more such question on manager's. visit :

https://brainly.com/question/24553900

#SPJ8

How does a low credit score affect a person who applies for a loan?
OA. It makes it easier for the person to get a loan with a poor debt-to-
income ratio.
B. It allows banks to give the person a loan without checking his or
her tax records.
C. It makes banks more likely to give the person a large, long-term
loan.
OD. It causes banks to charge the person higher interest rates on the
loan.
SUBMIT

Answers

A low credit score can cause banks to charge the person higher interest rates on the loan. This is because a low credit score indicates that the person has a history of not paying their debts on time or in full. As a result, banks may view the person as a high-risk borrower and charge them higher interest rates to compensate for the increased risk. A low credit score can also make it more difficult for the person to qualify for a loan, especially if they have a poor debt-to-income ratio.

When customers go to Chick-fil-a, a fast food restaurant known for its chicken sandwiches, and thank an employee for a service, the employees are trained to respond with the phrase “My pleasure” instead of the traditional reply of “You’re welcome.” For Chick-fil-a, this detail is important for their consumers to experience. Which corporate documents would discuss this standard response?

A.
the brand bible
B.
the mission statement
C.
the incorporation documents
D.
the bag that food is served in

Answers

The corporate documents that would discuss the standard response of "My pleasure" by Chick-fil-a employees would most likely be the brand bible, Option A.

A brand bible, also known as a brand guideline or brand manual, is a document that outlines the specific guidelines and standards for a brand's visual and messaging identity. It includes information on brand values, tone of voice, color schemes, typography, logo usage, and other visual elements that are used to represent the brand. The correct otpion would be A the brand bible. The use of "My pleasure" as a standard response is a specific part of Chick-fil-a's brand identity and customer service culture. Therefore, it would be outlined in the brand bible as a standard procedure for employees to follow when engaging with customers.

for more such questions on brand
https://brainly.com/question/24553900
#SPJ11

If you wish to receive R57145 in two years time and you can earn an interest rate of 8% per annum compounded annually how much in rands (no cents) should you invest today?​

Answers

You should invest R57145 in rands today. Interest is the fee paid for having access to borrowed funds.

While the interest rate used to compute interest is often reported as an annual percentage rate (APR), interest expense or revenue is frequently expressed as a dollar figure. The compensation a lender or financial organization receives for giving out money is called interest. The percentage of a stockholder's ownership in a corporation that is also referred to as interest.

The cost of borrowing money is called interest, and it is typically stated as a percentage, such as an annual percentage rate (APR). Lenders may charge interest to borrowers for using their funds, or borrowers may charge interest to lenders for using their funds.

Learn more about interest rate here:

https://brainly.com/question/13324776

#SPJ1

In CLM Page 65-74 and also in your HW#2, we discussed EMH and autocorrelation analysis for market portfolios.
1, Why can we use the autocorrelation coefficient to assess market efficiency?
2. If we use weekly returns to conduct autocorrelation tests and find for TSLA, the first two lags have autocorrelation coefficient (rho) of -0.20 and -0.30 and the 3rd, 4th, and 5th lags have rhos of 0.15, 0.30, and 0.35. All rhos are significant at the 5% level. All other lags are insignificant. How can you develop a trading rule to take advantage of these rhos? You have to clearly specify when to do what. Pls use week 0, 1, … as your time framework to specify “when” and long and short (or buy and sell) to specify “what” action to be taken

Answers

For lags 3, 4 and 5 where the autocorrelation is positive, we can buy TSLA if the weekly return in week 0 is positive and sell if the return in week 1 is negative.

Likewise, if the week 0 return is negative, we can hold the position for one more week. For all other delays where the autocorrelation coefficients are insignificant, we can wait another week. This trading rule uses positive values ​​in stock returns and makes use of significant autocorrelation coefficients in the first two lags and the 3rd to 5th lags. However, it should be noted that past performance is not a reliable indicator of future performance and this trading policy may not necessarily be profitable.

For more such question on positive

https://brainly.com/question/27968241

#SPJ11


Farm liability coverage is provided through Farm Coverage Forms

Answers

Farm liability coverage is Farm Coverage Forms, which are specialized insurance policies designed specifically for farmers and agricultural operations.

Farm liability coverage and Farm Coverage Forms

Farm liability insurance protects farmers from any losses brought on by mishaps, injuries, or property damage that might take place on their property. Farm Coverage Forms, which are customized insurance policies created especially for farmers and agricultural operations, are often used to provide this coverage.

A wide range of coverage options, including general liability, property damage liability, personal and advertising harm liability, and medical payments coverage, are frequently included in farm policy forms. These plans are frequently adaptable, enabling farmers to customize their protection to match the unique demands of their business.

Farm property, such as structures, tools, cattle, and crops, may also be covered by Farm Coverage Forms.

Learn more on insurance here https://brainly.com/question/25855858

#SPJ1

The complete question is:

Farm liability coverage is provided through Farm Coverage Forms. Explain

A perfectly competitive firm will not produce any output in the short run and will shut down if the price is:

Answers

A perfectly competitive firm will not produce any output in the short run and will shut down if the price is less than its minimum average variable cost (AVC).

This is because if the price falls below AVC, the firm is not even able to cover its variable costs, meaning that it is better off shutting down and avoiding any further losses. In the short run, a perfectly competitive firm will continue to produce as long as the price exceeds its average variable cost, but it may not be able to recover its fixed costs. However, if the price falls below the minimum AVC, the firm will not be able to cover even its variable costs, and continuing to produce would only lead to greater losses. Therefore, it is rational for the firm to shut down in the short run if the price falls below the minimum AVC. In the long run, a perfectly competitive firm will exit the industry if it cannot earn a normal profit, which means that it is unable to cover all its costs, including both variable and fixed costs. This is because in the long run, there are no fixed costs, and firms are free to enter and exit the industry. If the price remains below the minimum AVC, the firm will continue to lose money, and eventually, it will exit the industry.

for more such questions on average

https://brainly.com/question/29509552

#SPJ11

Profit equals the total amount of money made minus

Answers

Profit equals the total amount of money made minus the total costs incurred to produce or acquire the goods or services being sold. In other words, profit is the difference between revenue and expenses.

What is profit?

It is a measurement of the monetary gain or profit that a company or person has realized over a specific time period. The formula below can be used to determine profit:

Profit = Total Revenue - Total Costs

Where total costs is the total cost of producing or acquiring the goods or services, and "Total Revenue" is the total amount of money made from the sale of those goods or services.

Profit is a crucial component of business since it is a gauge of success and long-term viability. It enables businesses to maintain operations, pay dividends to shareholders, and invest in growth possibilities. High profits show that a company is making a lot of money and controlling its expenses.

Learn more on profit here https://brainly.com/question/1078746

Asking the questions, " Is it the appropriate type of source to use as evidence? relates to which criteria for evaluating information sources?
(1) Relevance
(2)Currency
(3) Publisher
(4) Bias​

Answers

Answer:

1) Relevance.

Explanation:

your own impressions are of “What does the term Marketing mean to you”

“What is Marketing” and report what you found in your research by comparing what you thought Marketing was to what you learned through your research.

As with all assignments, use APA 7 formatting and reference your work with at least 2 scholarly research sources

Answers

Marketing is the process of developing, promoting, delivering, and trading goods and services that are valuable to customers, clients, partners, and society as a whole. It strives to establish long-lasting relationships with clients by meeting their needs and wants.

Marketing is the process of identifying, creating, and delivering value in the form of goods and services to meet the needs of a target market.

this may involve selecting a target market, deciding which traits or themes to emphasize in advertising, running marketing promoting campaigns, taking part in trade shows and public events, and creating products and packaging that appeal to consumers.

Learn more about Marketing, from :

brainly.com/question/13414268

#SPJ1

The expected earnings of firms a and B are Rs. 1,20,000 with a standard deviation of Rs. 30,000.
Firm A is non-levered. Firm B is levered and has to pay annual interest charges of Rs. 30,000.
Which firm is more risky? Why? Explain your answers by considering the impact of variation in
EBIT on EPS for both the firms.

Answers

Both firms have the same standard deviation of Rs. 30,000, but firm B is more risky due to its leverage. This is because interest charges are fixed and must be paid regardless of whether the firm makes a profit or not.

Let's consider the impact of variation in EBIT on EPS for both firms: For firm A, since it is non-levered, any change in EBIT will directly impact EPS. So if EBIT goes up by Rs. 30,000, EPS will go up by Rs. 30,000/number of shares outstanding. Similarly, if EBIT goes down by Rs. 30,000, EPS will go down by the same amount.

For firm B, the interest charges of Rs. 30,000 will be deducted from EBIT before arriving at EPS. So if EBIT goes up by Rs. 30,000, EPS will go up by (EBIT - Rs. 30,000)/number of shares outstanding. Similarly, if EBIT goes down by Rs. 30,000, EPS will go down by the same amount.

As we can see, the impact of a change in EBIT on  EPS is greater for firm B due to the interest charges. This means that firm B is more risky than firm A.

Learn more about EBIT, here:

https://brainly.com/question/22437742

#SPJ1

From the UDSM organizational structure, use concrete examples to elaborate five communication routes that may arise during communication in the institution

Answers

examples of communication routes that may arise in any institution:

1-Upward communication: This communication route is from subordinates to superiors.

2-Downward communication: This communication route is from superiors to subordinates.

3-Horizontal communication: This communication route is between individuals or departments at the same level of authority.

4-Diagonal communication: This communication route is between individuals or departments at different levels of authority and not in a direct line of authority. An example in a university setting could be a student association communicating with the university administration on issues affecting student welfare.

5-External communication: This communication route is between the institution and external entities such as government agencies, donors, or other organizations. An example in a university setting could be the university's public relations office communicating with the media to promote the institution's research or community outreach activities.

for more questions on communication

https://brainly.com/question/25020821

#SPJ11

What is blogger outreach?

Answers

Blogger outreach is the practice of reaching out to bloggers or influencers in a particular niche or industry to collaborate or work with them on promoting a brand, product, or service.

It involves identifying relevant bloggers, establishing a relationship with them, and pitching them to write a blog post or share content related to the brand or product. The goal of blogger outreach is to create positive buzz about a brand or product and generate backlinks to increase website traffic and improve search engine rankings. It is a form of influencer marketing that can help businesses expand their reach and engage with a targeted audience. Blogger outreach can be done through email, social media, or other means of communication. Successful blogger outreach requires a well-planned strategy, understanding of the target audience, and building a relationship based on mutual benefit.

for more such questions on work

https://brainly.com/question/30051361

$SPJ11

13. Suppose the FED believes SRAS and AD intersects to the left of LRAS when, in fact, the intersection is to the
right. They enact expansionary monetary policy and the following likely happens within the economy.
A. The price level falls by the same percentage as the increase in real GDP
B. The price level rises by proportionally less than the increase in real GDP
C. The price level rises by proportionally more than the increase in real GDP
D. There is not enough information to tell

Answers

If the Fed believes that SRAS and AD intersect to the left of LRAS, and enacts expansionary monetary policy based on this belief, they are likely to stimulate the economy beyond its potential output level. The correct option is B.

This will lead to an increase in real GDP in the short run, but as the economy approaches its potential output level, the price level will rise. The magnitude of the increase in the price level will depend on the slope of the SRAS curve. If the SRAS curve is relatively flat, the increase in the price level will be proportionally less than the increase in real GDP. However, if the SRAS curve is relatively steep, the increase in the price level will be proportionally more than the increase in real GDP.

In summary, if the Fed enacts expansionary monetary policy based on the mistaken belief that SRAS and AD intersect to the left of LRAS, it will likely result in an increase in real GDP and an increase in the price level. The magnitude of the increase in the price level will depend on the slope of the SRAS curve. The correct option is B.

for more such questions on  monetary

https://brainly.com/question/989344

#SPJ11

How would a mixed economic system influence the operations of an organisation such as Bos Iced Tea?

Answers

A mixed economic system combines elements of both capitalism and socialism, allowing for a balance between private enterprise and government intervention. In such a system, the government may regulate certain industries or provide social programs, while businesses are free to operate in a competitive market.

For an organization like Bos Iced Tea, a mixed economic system would mean that they could operate as a private enterprise, competing in the market to sell their products. However, they may face government regulations regarding labeling and advertising of their products. Additionally, if the government were to implement social programs that aim to improve public health, such as promoting healthier food choices, this could impact the demand for their products.

On the other hand, a mixed economic system may also provide opportunities for Bos Iced Tea. For example, the government could offer tax incentives or subsidies for companies that produce environmentally-friendly products or use sustainable business practices. This could be an advantage for Bos Iced Tea, as they are known for their use of organic and fair-trade ingredients.

Overall, a mixed economic system would impact Bos Iced Tea by providing a mix of opportunities and challenges, as they navigate the market and government regulations.

for more such questions on   system

https://brainly.com/question/31807690

#SPJ11

The process of orienting new employees to the organization or the unit in which they will be working is called as Socialization. What do you think, is employees’ socialization always beneficial for an organization?

Do you agree or disagree?

Provide your opinion with 2 solid arguments.

Answers

Socialization is the process of orienting new employees to the organization or the unit in which they will be working. In this process, new employees are introduced to the organization's goals, mission, values, and work culture.

The goal of socialization is to make the new employees feel comfortable in their new work environment and to help them adjust to the organization's expectations, policies, and practices. However, whether employees' socialization is always beneficial for an organization is a matter of debate.Opinions regarding the benefits of employees’ socialization for an organization vary widely. Increased job satisfaction: When new employees are introduced to the organization's culture, policies, and work expectations through socialization, they are more likely to feel comfortable in their new work environment. As a result, they will be able to focus on their work and develop a sense of pride and belonging within the organization. When employees feel valued and appreciated, they are more likely to be satisfied with their jobs. Satisfied employees are more productive and have higher job performance.Improved retention rates: Socialization helps new employees to develop a sense of belonging and attachment to the organization. When employees feel a strong sense of attachment to the organization, they are less likely to leave the organization. This can result in improved retention rates, which can save the organization money in recruitment and training costs.

For such more questions on Socialization

https://brainly.com/question/14376040

#SPJ8

- Assignment 3-Ch 3-Con...
mment 3- Ch 3
M Sign In | Connect | McGraw Hill
My Awards
Saved
Mean Beans, a local coffee shop, has the following assets on January 1, 2023. Mean Beans prepares annual financial statements and
has a December 31, 2023 year-end. The company's depreciation policy is to use the straight-line method to depreciate its assets.
a. On January 1, 2023, purchase equipment costing $23,400 with an estimated life of five years. Mean Beans will scrap the equipment
after five years for $0.
a. Annual depreciation expense on equipment
b. Annual depreciation expense on furniture
c. Annual depreciation expense on car
b. On July 1, 2023, purchase furniture (tables and chairs) costing $17,900 with an estimated life of ten years. Mean Beans estimates
that it can sell the furniture for $2,500 after ten years.
Required:
1-a. For each transaction, calculate the current year's annual depreciation expense.
$ 4,680
$
770
2,575
PAssignments - To Do
c. On January 1, 2021, Mean Beans had purchased a car costing $25,750 with an estimated life of eight years. Mean Beans estimates
that it can sell the car for $5,150 after eight years.
$
Help
1-b. For each transaction, record the adjusting entry on December 31, 2023.
Se

Answers

1-a. The adjusting entry for equipment would be as follows:

Depreciation Expense $4,680

Accumulated Depreciation - Equipment $4,680

1-b. The adjusting entry for furniture would be as follows:

Depreciation Expense $1,540

Accumulated Depreciation - Furniture $1,540

To calculate the annual depreciation expense for Mean Beans' assets, we need to use the straight-line method, which allocates the cost of an asset evenly over its estimated useful life.

a. On January 1, 2023, Mean Beans purchased equipment costing $23,400 with a five-year estimated life. The annual depreciation expense for the equipment can be calculated as follows:

Annual depreciation expense on equipment = (Cost of equipment - Estimated residual value) / Estimated useful life

= ($23,400 - $0) / 5

= $4,680

b. On July 1, 2023, Mean Beans purchased furniture (tables and chairs) costing $17,900 with a ten-year estimated life. The annual depreciation expense for the furniture can be calculated as follows:

Annual depreciation expense on furniture = (Cost of furniture - Estimated residual value) / Estimated useful life

= ($17,900 - $2,500) / 10

= $1,540

c. As mentioned in the assignment, Mean Beans purchased a car on January 1, 2021, costing $25,750 with an eight-year estimated life. The estimated residual value after eight years is $5,150. However, since the assignment only requires calculations for the current year, we can skip this part.

To record the adjusting entry on December 31, 2023, we need to account for the depreciation expense incurred during the year.

a. The adjusting entry for equipment would be as follows:

Depreciation Expense $4,680

Accumulated Depreciation - Equipment $4,680

b. The adjusting entry for furniture would be as follows:

Depreciation Expense $1,540

Accumulated Depreciation - Furniture $1,540

These adjusting entries recognize the annual depreciation expense and update the corresponding accumulated depreciation accounts. By the end of the year, the accumulated depreciation accounts will reflect the total depreciation incurred on the respective assets.

For more such questions on Expense

https://brainly.com/question/27961230

#SPJ8

Which of the following is a policy instrument?
Group of answer choices

Taxes

Government expenditure

Money supply

Answers

Among the given options, taxes, government expenditure, and money supply are all examples of policy instruments.

Policy instruments refer to the tools or mechanisms used by governments or central banks to implement and influence economic policies.

Taxes: Taxes are a common policy instrument used by governments to collect revenue and influence economic behavior. By adjusting tax rates or introducing new taxes, governments can incentivize or discourage certain activities, redistribute income, or stimulate economic growth.

Government expenditure: Government expenditure is another policy instrument where the government allocates funds for various purposes such as public infrastructure, healthcare, education, defense, and social welfare. Government expenditure can stimulate economic activity, create jobs, and influence specific sectors of the economy.

Money supply: Controlling the money supply is a policy instrument typically used by central banks to manage monetary policy. By adjusting interest rates, implementing open market operations, or setting reserve requirements, central banks can influence the availability and cost of money in the economy. These actions impact borrowing costs, inflation, and economic activity.

Policy instruments are tools used by policymakers to achieve specific economic goals, such as managing inflation, promoting economic growth, or addressing income inequality. Each instrument has its own implications and can be utilized independently or in combination to shape economic policies and outcomes.

In summary, taxes, government expenditure, and money supply are all examples of policy instruments that governments and central banks use to influence and manage various aspects of the economy.

for more such questions on taxes

https://brainly.com/question/28798067

#SPJ11

Other Questions
what is the ultimate good for aquinas? how is it achieved in light of our ends? functions similar to file explorer in windows, used to find and access mac's files and applications is definition of what? Pretest: Unit 2Question 17 of 25Which of the following best defines displacement?OA. The total length of a path traveled, regardless of thtravelB. How far something moves in a given direction in a the triage nurse should be aware of which performance improvement measure? a. the 20-minute time frame to initiate electrocardiography for a patient with chest pain b. the urinary tract infection rate c. the acceptable arrival time to triage time d. the leaving-against-medical-advice rate Over time, the number of active nurses has steadily increased.True/False different standards for air quality apply to existing sources of pollution and major new sources. T/F The text argues the framers designed and structured the Supreme Court to be an anti- (or counter-) majoritarian institution. First, what does that mean and how and why did they do it? Has the Court lived up to the framers' expectations? Why or why not? Explain using specific examples and Supreme Court decisions. How important is this anti-majoritarian institution to upholding American democracy? what are some of the variables that determine how a given organization chooses to construct its infosec program? in which phase do high levels of estrogen stimulate the endometrium of the uterus to grow, thicken and form glands to secrete substances to nourish the embryo, and ultimately ends with ovulation? Discuss the flow of blood in a human body. Use the left ventricle as a starting point and ensure you make mention of all major structures in the heart. Which of the following reactions from employees is preferable as a response to change? A) silenceB) apathyC) resignationD) open discussionE) increase in the use of sick time What is the formula of the ionic compound formed when ions of calcium and nitrogen combine? a.CaN b.CaN2 c.Ca2N d.Ca3N2 e.Ca2N3 what happens to each of these characters? group of answer choices is wounded by hamlet and forced to drink a poisoned beverage which of the following is true about the religious freedom provision of the first amendment? injury prevention is an organized effort to prevent injuries or to minimize their severity.T/F A small submarine starts at 1,260 feet in relation to sea level. Then it descends 5 feet per minute for 12 minutes.What expression represents the new position of the submarine in relation to sea level?5(12) + 1,2601,260 + (5)(12)1,260 + (5)(12)1,260 (5)(12) the jefferson administration persuaded congress in 1802 to abolish all internal taxes, leaving the government with which sources of revenue? multiple select question. the nurse knows which diagnostic test is used to document the anatomic site of reflux and provides a quantitative measure of the severity of valvular reflux? the body of law created by court decisions rendered by judges is called __________ law. in which way would a cognitive psychologist be most likely to try to help a slow-learning child?