$3500 sum will spk record for interest expense in their december 31, 2022
Interest = $ 6000 for 12 months.
From June to December there will be 7 months due,
therefore 7/12x6000 = $ 3500
An interest expense is the fetched brought about by an substance for borrowed reserves. Intrigued cost may be a non-operating cost appeared on the salary explanation. It speaks to intrigued payable on any borrowings—bonds, credits, convertible obligation or lines of credit. It is basically calculated as the intrigued rate times the exceptional foremost sum of the obligation. Intrigued cost on the salary explanation speaks to intrigued collected amid the period secured by the money related explanations, and not the sum of intrigued paid over that period. Whereas intrigued cost is tax-deductible for companies, in an individual's case, it depends on their purview additionally on the loan's reason.
Learn more about Interest expense here
https://brainly.com/question/14185533
#SPJ4
You are the keynote speaker for the annual awards ceremony. the general purpose of your speech is likely?
'You are the keynote speaker for the annual awards ceremony. the general purpose of your speech is likely to accentuate.
Personal ceremony are usually held to commemorate rites of passage such as birth, christening or naming, coming of age, graduation, marriage, anniversary, retirement, and death. Ceremonies also occur at different times in our lives to celebrate important occasions such as: B. Winning Special Awards.
19 types of weddings. Some examples are civil ceremonies, vow ceremonies, destination weddings, interdenominational ceremonies, mass weddings, and religious ceremonies.
Traditional ceremony are events of social, spiritual, religious or public significance that take place on special occasions for a variety of reasons.
Learn more about ceremony https://brainly.com/question/24016136
#SPJ4
What is one example of why researchers must take into consideration the benefits of their research?
A study should only be conducted if the study's benefits outweigh the risks this example the researchers must take into consideration the benefits of their research.
What are the benefits of a research study?Research improves administrations and treatments not fair for you but also for future eras. It makes a difference in developing modern tests for diagnosis, medications and forms that may in the long run help your children, or indeed your grandchildren. You will pick up get to treatments that are not however promptly available to the common open.
To learn more about the research study, visit;
https://brainly.com/question/14735769
#SPJ4
When adjusting the company's cash account balance in a bank reconciliation, which item must be added to the cash account balance?
When adjusting the company's cash account balance in a bank reconciliation, outstanding balance item must be added to the cash account balance?
What do you mean by outstanding balance?
An outstanding balance is the amount you owe on any debt that charges interest, like a credit card. It refers to the amount you owe from purchases and other transactions made with your credit card. It's also called your current balance.
The outstanding balance is what we currently owe on the card and it can include:
PurchasesCash advancesBalance transfersInterest chargesFeesTo learn more about outstanding balance, refer to:
#SPJ4
The normal balance of an expense account is a ________ while the normal balance of a revenue account is a ________.
The normal balance of an expense account is a debit while the normal balance of a revenue account is a credit.
What are the differences between a debit and a credit?
The way money transfers throughout a corporation determines the distinction between debit and credit in accounting.
A debit occurs when money leaves an account, whereas a credit occurs when money enters the account. In an accounting transaction, a debit is typically abbreviated as dr., whereas a credit is typically abbreviated as cr.
A debit transaction, such a credit card purchase, boosts an asset's worth or lowers a liability's total.
A credit account, on the other hand, has the opposite result. It raises the amount of the liability while decreasing the value of an asset.
To learn more about Credit and Debit, refer to:
https://brainly.com/question/14747768
#SPJ4
Based on the post-employment conflict of interest, over time regulatory agencies can develop a bias to support the.
Based on the post-employment conflict of interest, with time regulatory agencies can develop a bias to support the desires of the firms being regulated.
A conflict of interest arises when an employee's personal interests could improperly affect how well they carry out their official duties and obligations or when they misuse their position at the workplace for their own gain.
Governmental or quasi-governmental organizations that create, oversee, and uphold laws in their purview are referred to as regulatory agencies.
Regulations are in place to safeguard people and businesses, address market inefficiencies, and simplify many areas of our lives. Hence, Agencies should be impartial, except if impartiality is impractical or undesirable.
Learn more about conflict of interests at:
https://brainly.com/question/21648646
#SPJ4
Pcm, inc. will need to purchase new servers for a system. this would be a _______.
PKM, LLC must purchase a new server for the system. development costs.
Development is defined as the process of the growth of new information or events. An example of development is the transformation of a caterpillar into a butterfly. An example of development is pop-up details about local robberies. An example of development is an apartment community designed for the elderly. In addition to creating better jobs, development is important to the country as it improves business and trade. As countries develop, more international companies emerge, and trade with other countries increases. This further improves the national economy and increases the number of good jobs provided.
Development is the method the writer chooses to develop a core idea. In general, we associate development with details. This is because specificity helps to make generalizations (main ideas, statements, or papers) more specific. We support continuous improvement and career growth.
Learn more about Development here:
https://brainly.com/question/11352260
#SPJ4
Economists refer to the series of induced increases in consumption spending that result from an initial increase in autonomous expenditures as the ________ effect.
Economists refer to the series of induced increases in consumption spending that result from an initial increase in autonomous expenditures as the multiplier effect.
The expenditure multiplier effect occurs when an initial increase in spending cycles through the economy and has a greater impact than the initial dollar funds spent. The reason for this is that a change in accumulated expenditures ripples through the economy: firms pay workers and suppliers, households buy from firms, workers and suppliers purchase goods from other firms, and so on. The original change in accumulated expenditures is thus spent more than once.
To learn more about the multiplier effect: brainly.com/question/15883095
#SPJ4
The chief financial officer of gigabite company has asked you to recalculate the following accounts and report to him by week's end. what should be the amount of total manufacturing cost?
$350,000 is the amount of total manufacturing cost.
What is manufacturing cost?Manufacturing costs are the costs incurred during the production of a product. These costs include the costs of direct material, direct labor, and manufacturing overhead. The costs are typically presented in the income statement as separate line items. An entity incurs these costs during the production process.Manufacturing overhead costs are applied to units of production based on a variety of possible allocation systems, such as by direct labor hours or machine hours incurred.To learn more about manufacturing cost, refer: https://brainly.com/question/17111259?referrer=searchResults
#SPJ4
_____ is the capacity to alter our behavior so that we can adjust to social and situational demands; and, ________ refers to a broad array of processe
Self-regulation is the capacity to alter our behavior so that we can adjust to social and situational demands; and, Executive function refers to a broad array of processes.
Self regulation is the capacity to comprehend and control one's own actions and reactions. Self-control promotes learning, good behavior, getting along with others, and independence in kids and teenagers.
All students should be able to apply the following four fundamental self-regulation techniques: goal-setting, self-monitoring, using self-instructions or self-talk effectively, and self-reinforcing.
The mental processes that allow us to properly plan, focus attention, remember instructions, and juggle several tasks are executive function and self-regulation abilities.
To learn more about self regulation visit the link:
https://brainly.com/question/14784828?referrer=searchResults
#SPJ4
For positive interest rates, the present value interest factor is:_____.
a. between 2.0 and 0.0.
b. always negative.
c. always less than 1.0.
d. a discount rate.
The present value interest factor is always smaller than 1.0 for interest rates that are positive.
An interest rate is the amount of interest that must be paid each period as a percentage of a loan, deposit, or borrowing (called the principal sum). The amount lent or borrowed, as well as the interest rate, frequency of compounding, and the period of time during which it is lent, deposited, or borrowed, all affect how much interest will be charged overall.
The rate calculated over a year is the annual interest rate. Other interest rates, such as monthly or daily rates, also apply but are typically annualized.
A dollar of now [income] is preferred over a dollar of future [income], and this preference is reflected in the interest rate.
To know more about interest rates
https://brainly.com/question/25793394
#SPJ4
Flash company produces lamps. all of the following are direct costs except:____.
a. lamp shade.
b. electrical cord.
c. wages for assembly.
d. switch.
e. factory rent.
Flash company produces lamps. all of the following are direct costs except Factory rent.
The costs a business directly incurs to produce a good or provide a service, or to purchase a good at wholesale to resell, are known as direct costs. (All additional expenses are regarded as indirect expenses.)
Direct costs are expenses connected with a particular cost object. A product, person, sales region, or customer are examples of items for which costs are compiled and are referred to as cost objects. Consumable supplies, direct materials, sales commissions, and freight are a few examples of direct costs. Direct costs, also referred to as costs of goods sold (COGS), are expenses that are entirely attributable to the creation of a particular good or service. These expenses cover the direct costs of the materials used to make the product, as well as perhaps any labour costs incurred solely for its production.
Learn more about direct costs here
https://brainly.com/question/14727407
#SPJ4
Structure is achieved when a protein folds into a compact, three-dimensional shape stabilized by interactions between side-chain r groups of amino acids.
Tertiary structure is achieved when a protein folds into a compact, three-dimensional shape stabilized by interactions between side-chain r groups of amino acids.
Proteins are huge, complex molecules that play many vital roles within the body. They do maximum of the work in cells and are required for the shape, characteristic, and law of the frame's tissues and organs.
Protein is one in all a complex group of molecules that do all styles of jobs for your frame. They make up your hair, nails, bones, and muscle tissues. Protein offers tissues and organs their shape and also helps them work the way they should. In brief, protein is one of the building blocks that make you into who you're.
Learn more about protein here:https://brainly.com/question/10058019
#SPJ4
A form describing the goods or services sold, the quantity, the price, and the terms of sale.
A form describing the goods or services sold, the quantity, the price, and the term of sale is known as an Invoice.
What is an Invoice?An invoice, bill, or tab is a business document that a seller issues to a buyer in connection with a sale transaction.It lists the goods, quantities, and prices that were agreed upon for any goods or services that the seller has delivered to the customer.In most cases, the invoice includes the payment terms. Some sellers clearly indicate in huge, capital letters on an invoice if it has already been paid in order to prevent misunderstandings and the ensuing needless interactions from buyer to seller.An invoice is a sales invoice in the seller's eyes. An invoice is a purchase invoice in the eyes of the buyer. Although the term invoice implies that money is owed or owing, the document identifies the buyer and seller.
To learn more about Invoice, refer to:
https://brainly.com/question/19539384
#SPJ4
The fact that black diamond has employees working in the organization from all around the world demonstrates?
The fact that black diamond has employees working in the organization from all around the world demonstrates cultural competence.
Cultural competence often referred to as inter-cultural competence, is a collection of cognitive, emotional, and behavioural abilities that facilitate acceptable and successful communication with others from different cultures. The process of being culturally competent is known as inter-cultural or cross-cultural education. A system, agency, or group of professionals who are culturally competent are able to function well in cross-cultural settings. Cultural competence is a collection of consistent behaviours, attitudes, and policies. The term "cultural competency" in the context of health care refers to a system's capacity to offer services in a way that takes into account the social, cultural, and linguistic requirements of patients while also accommodating individuals with a variety of beliefs, and behaviours.
Learn more about cultural competence here:
https://brainly.com/question/20222316
#SPJ4
In a purchases journal, the total of the ________ column is not posted to the general ledge
In a purchases journal, the total of the Office Supplies DR column is not posted to the general ledger. Thus, Option D is correct.
What is a ledger?A ledger is an accounting book or group of books where account transactions are noted. Each account has an opening or carry-forward balance, and each transaction is recorded as a debit or credit in a separate column.
The account's closing balance is also recorded in this manner.
Thus, In a purchases journal, the total of the Office Supplies DR column is not posted to the general ledger. Option D is correct.
Learn more about ledger:
https://brainly.com/question/28479299
#SPJ4
"Your question is incomplete, probably the complete question/missing part is attached in the image below"
Debits:________
a. increase both assets and liabilities.
b. decrease assets and increase liabilities.
c. increase assets and decrease liabilities.
d. decrease both assets and liabilities.
A debit is an accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet. The correct option is C.
A balance sheet is a financial statement that lists the assets and liabilities of a company at a particular point in time. It is one of the three primary financial statements—the other two being the income statement and cash flow statement—that are used to assess a company's performance.
The balance sheet is crucial because it informs you and other interested parties of your financial situation. Making better management decisions can be aided by keeping this information current. It can also enhance your operational effectiveness, borrowing capacity, and overall financial stability.
Learn more about balance sheet here
https://brainly.com/question/25225110
#SPJ4
Accounting standards prescribed by generally accepted accounting principles (gaap) are important because they:_____.
Accounting standards prescribed by generally accepted accounting principles (GAAP) are important because they aims to improve the clarity, consistency, and comparability of the communication of financial information.
What is GAAP?GAAP: The Generally Accepted Accounting Principles (GAAP) are standards and rules that guide business entities to record financial information in the books of accounts.
GAAP helps business entities to present their financial statements with utmost accuracy.GAAP facilitates the companies in explaining the legalities and complexities associated with the recording of financial information. Private companies are also required to follow GAAP because the principles define the applicability of accounting rules mandatory for all businesses.To learn more about GAAP , refer: https://brainly.com/question/24107590?referrer=searchResults
#SPJ4
Ou just paid $350,000 for a policy that will pay you and your heirs $12,200 per year forever with the first payment in one year. what rate of return are you earning on this policy?
Rate of return is 3.49% earning on this policy.
IT IS A CASE OF PERPETUITY
PRESENT VALUE = ANNUAL RECEIPTS/ RATE
350000 = 12200/ RATE
RATE = 12200/350000 = 3.4857 % = 3.49%
ANSWER: 3.49%
A rate of return (RoR) is the internet advantage or loss of an investment over a certain term, expressed as a percent of the investment's preliminary fee. 1 whilst calculating the fee of go back, you are figuring out the proportion alternate from the beginning of the duration until the quit.
The annual rate of return is the percentage change inside the value of an funding. For example: if you expect you earn a ten% annual price of return, then you definitely are assuming that the cost of your funding will growth by way of 10% every yr.
Learn more about rate of return here: https://brainly.com/question/3578105
#SPJ4
Explain why manufacturing overhead cost shifts from model n500 to model n800 xl under activity-based costing
Overheads are transferred from the high-volume product The Boot to the low-volume product Club. Allocating overhead in ABC usually results in higher unit prices for lower volume products.
When activity-based costing is used, traditional costing systems assign product-level costs to all products using direct labor hours or other relevant Cost shifts from high-volume products to low-volume products. volume.
The cost flow is the same as in activity-based costing systems with one exception. Instead of using factory-wide overhead rates to allocate or apply overhead to products, the ABC system uses multiple overhead rates to allocate overhead. Activity-Based Costing ABC allocates manufacturing overheads to products in a more logical way than the traditional approach of simply allocating costs based on machine hours.
Learn more about Overhead Costs here:-https://brainly.com/question/13963007
#SPJ9
Compute the direct labor rate and efficiency variances for the period and classify each as favorable, unfavorable or no variance.
Calculate the difference in direct labor rate and efficiency according to period, and classify each difference into actual cost and standard cost, and classify them as favorable, unfavorable, and no difference.
Efficiency is defined as the ability to produce something with minimal effort. An example of efficiency is the reduction in the number of workers required to produce a car. Efficiency is the measurable ability to not waste material, energy, effort, money, and time to do something or achieve a desired result. In a more general sense, it is the ability to do something well without loss.
Efficiency is the best use of resources. This means your business can produce more with less and less waste. It also means you can work all day without making expensive mistakes. The more efficient the facility, the less waste it produces. This means that profits will increase, which will directly benefit business owners, shareholders, and management.
Learn more about Efficiency here:
https://brainly.com/question/26647325
#SPJ4
Interest is $405 on a principal balance of $5,000; assuming a 7-month loan, what is the interest rate?
The calculated interest rate is 13.89% per annum.
Relation between the simple interest(S.I) , principle(P), rate of interest (r)and time (t) is given by the formula,
Simple interest = Prt/100
Now, putting the values of P, r, t we get,
S. I = 500×r ×7/100×12 (Time is taken in years, so 7months equals to 7/12years.)
400= 3500/1200× r
r = 13.9%
So, the rate of interest was calculated and found to be 13.9%per annum.
Consumer loan interest rates are often expressed as an annual percentage rate (APR). For the right to borrow their money, lenders require a certain rate of return. An annual percentage yield (APY) is the interest rate that is earned on a savings account or certificate of deposit (CD) at a bank or credit union. For instance, the interest rate on credit cards is quoted as an APR.
The stock market suffers as a result of investors choosing to take advantage of the higher rate on savings rather than participate in the stock market, which offers lower returns. Additionally, businesses have limited access to capital investment through debt, which results in a slowdown in the economy.
To learn more about stock market, refer this link
https://brainly.com/question/3210355
#SPJ4
What includes the plans for how an organization will build, deploy, use, and share its data, processes, and mis assets?
Which includes plans for how an organization will build, deploy, use, and share the data, processes, and assets that are the architects of the Enterprise.
The three forms of MIS infrastructure and what they support are Information, Agile, and Sustainable. Information identifying customer records and information is maintained and secured. Agile provides support for organizational goals such as hardware, software, and telecommunications equipment.
List the characteristics of an agile MIS infrastructure and explain why they are all important to support change. accessibility, availability, maintainability, portability, reliability, scalability and usability.
If you want to support business operations, you will focus on building a robust information MIS infrastructure, which identifies where and how important information, such as customer records, is maintained and secured. are backup and recovery, disaster recovery plans, and business continuity plans.
You can learn more about MIS infrastructure here brainly.com/question/14253674
#SPJ4
Economic development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs, whether environmentally, socially or economically is called ______.
The correct answer is sustainable development.
Economic development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs, whether environmentally, socially or economically is called sustainable development.
Sustainable development is a strategy to a nation's economic growth without sacrificing the environment's quality for present and future generations. The cost of environmental harm is paid in the form of deforestation, air and water pollution, soil erosion, and other environmental deterioration in the name of economic progress. The negative effects can outweigh the benefits of producing more high-quality goods and services.
The clearance of forested land is known as deforestation. Forests have been cleared throughout history and into the present era to make room for agriculture and animal grazing as well as to obtain wood for fuel, manufacture, and construction.
To learn more about sustainable development, refer this link.
https://brainly.com/question/12592934
#SPJ4
Because of its size and market power, walmart is able to operate a(n) ___________________ supply chain. cooperative corporate contractual administered conventional
Walmart is able to run a(n) administered supply chain due to its scale and market dominance.
A supply chain is a group of people and businesses who work together to create products and distribute them to customers. The chain's links start with the companies that generate the raw ingredients and terminate when the van delivers the final item to the customer. An optimised supply chain reduces costs and improves the effectiveness of the manufacturing cycle, making supply chain management an essential procedure. In order to cut costs and maintain their competitiveness, businesses work to strengthen their supply chains. Many supply networks in use today span the entire world. Costs are reduced and the manufacturing cycle is shortened as a result of effective supply chain management.
Learn more about supply chain here
https://brainly.com/question/16023650
#SPJ4
Stability of dividends is not important to stockholders, especially to those that rely on fixed income.
a. true
b. false
Dividend stability is not significant to investors, particularly for those who depend on a fixed income.- FALSE
Why Investors Should Care About Dividend stability?Regular dividend payments—also known as cash distributions—help a company's shareholders understand its underlying health and durability.In general, older, slower-growing businesses choose to distribute dividends on a regular basis, whereas newer, faster-growing businesses prefer to reinvest the proceeds in their business.A greater yield is more appealing, while a lower yield might make a company appear less competitive in relation to its industry. The dividend yield calculates how much income has been earned in relation to the share price.A crucial indicator of a company's health is the dividend coverage ratio(Dividend stability), which is the ratio between profits and the net dividend shareholders receive.Companies that have a history of increasing their dividend payments and then abruptly stop may be experiencing financial difficulties.To know more about Dividend stability, refer to the following link
https://brainly.com/question/25845157
#SPJ4
Apple pay is marketed at both consumers and retailers who choose to accept it for payment. retailers represent which type of business market?
Reseller markets is the type of business market as Apple pay is marketed at both consumers and retailers who choose to accept it for payment .
What is meant by Reseller markets ?
An organization that purchases products or services to resell rather than use itself. This generally holds true for affiliate marketers in e-commerce. Retailers are regarded as resellers because they sell products to final customers. The fact that wholesalers sell the products they buy to retailers again makes them resellers as well.
A retailer will purchase items from a producer that he would then sell on to his consumer for a marked-up price, making a profit as a reseller. From the manufacturer through the merchant to the customer, each link in the reselling chain will notice an increase in price, with them all profiting from the resale of the items.
To learn more about Reseller markets checkout the link below :
https://brainly.com/question/25888151
#SPJ4
An internal analysis, the third step of the strategic management process helps identify ________.
An internal analysis, the third step of the strategic management process helps identify resources and capabilities
A systematic internal analysis of the firm entails (a) identifying strategic internal factors and (b) evaluating those factors to identify key strategic strengths and weaknesses. A factor is considered a strength only when a company excels at it more than its competitors in the industry.
Only when a firm performs a factor worse than its competitors in the industry is it considered a weakness. A new strategy has thus been developed after considering the firm's internal strategic strengths and weaknesses in order to capitalize on external opportunities or minimize its activities in order to overcome threats.
To learn more about strategic management process: brainly.com/question/28175057
#SPJ4
The amount of operating income that would be reported on the absorption costing income statement is:________
The amount of operating income that would be reported on the absorption costing income statement is: $492,460.
What is a fixed cost?Fixed costs, sometimes referred to as indirect costs or overhead costs in accounting and economics, are costs incurred by a corporation that are independent of the volume of goods or services the company produces. They frequently occur again and again, like monthly rent or interest payments. These expenses are often capital expenses as well.Costs that are fixed are those that don't change based on volume. Most fixed costs are expenses that depend more on time than on how much your company produces or sells. Rent and leasing charges, salary, energy prices, insurance, and loan repayments are a few examples of fixed costs.Rent and mortgage payments are two examples of fixed expenses. Auto loans. Additional loan paymentsTotal production costs — (Variable cost per unit multiplied by the number of units produced) = Fixed costs.The amount of operating income that would be reported on the absorption costing income statement is: $492,460.
To learn more about fixed costs, refer to:
brainly.com/question/20670674
#SPJ4
Today, u.s. government spending on entitlements represents ________ of the total federal budget.
Today, u.s. government spending on entitlements represents nearly 60% of the total federal budget.
American federal budget incorporates the spending and revenues of the U.S. federal authorities. The finances are the financial representation of the priorities of the government, reflecting historical debates and competing for economic philosophies. The federal budget is the government's estimate of revenue and spending for each fiscal year. Like a family price range, the federal finances itemize the expenditure of public funds for the upcoming fiscal yr. The federal authorities' fiscal year starts every October first. The president submits a budget to Congress by the first Monday in February each year.
The price range consists of estimates of federal government earnings and spending for the upcoming financial 12 months and also recommends funding tiers for the federal government. Mandatory expenses, including Social Safety, Medicare, and the Supplemental nutrition assistance application, account for about 65% of the budget. finances fees are anticipated to exceed federal sales by $1.873 trillion for FY 2022.
Extra than half of FY 2019 discretionary spending went for countrywide protection, and most of the rest went for domestic applications, along with transportation, education and training, veterans' advantages, income security, and health care.
learn more about the government here https://brainly.com/question/1078669
#SPJ4
WHO EVER ANSWERS CORRECT I GIVE BRAINLIEST
As a last step before Mario hits send on a company press release, what should he do to ensure it is accurate
produce an outline to organize the content in the document
double-check all spellings and numbers in the document
evaluate the logic and persuasiveness of the document
change the font that is used in the document
Answer: Produce and outline
Explanation:
