select the statement that best defines required reserves. the amount of reserves a bank has below the required amount. the amount banks are required by law to hold on each loan. the amount of reserves banks have on hand to satisfy the demands of other competitors. the amount banks are required by law to hold on each deposit.

Answers

Answer 1

The reserve requirement is the sum of money that a bank is required to hold in reserve in order to meet its obligations in the case of unanticipated withdrawals.

What exactly are Required Reserves?

The central bank uses required reserves as a tool to alter interest rates and the amount of money in the economy.

Banks lend money to clients based on a portion of the available cash. In exchange for this power, the government imposes one obligation on them: maintain a minimum balance of deposits to cover potential withdrawals. The reserve requirement is the amount that banks must hold in reserve and are not permitted to lend above.

The reserve requirement is the sum of money that a bank is required to hold in reserve in order to meet its obligations in the case of unanticipated withdrawals.The central bank uses reserve requirements as a tool to alter the amount of money in the economy and affect interest rates.

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assume the same initial contribution information as in the other casper-dold problem. then assume that the partners specify an agreed-upon percentage in the initial partner capital, as follows: 50% to casper, and 50% to dold. if the goodwill approach to partnership formation is used, the initial entry to record the formation of the partnership will recognize goodwill of:

Answers

If the goodwill approach to partnership formation is used, the initial entry to record the formation of the partnership will recognize goodwill of $20,000 as an example.

What does Good will mean?

Goodwill is an intangible asset that is created when one company buys another. It is the difference between a company's purchase price and its fair market value, and it is based on the company's reputation, customer base, and brand name over time. Goodwill is an intangible asset that can be very valuable for a company because it can increase a company's perceived value and help to generate more customers and sales.

What does Market value means?

Market value is an assessment of the worth of an asset or service based on the forces of supply and demand in the market. It is the price that a buyer and seller can agree upon, and it is determined by the number of people who are looking to buy the asset or service, their ability to pay for it, and the number of people who are selling the asset or service. Market value is also referred to as "fair market value."

     Goodwill is a form of intangible assets, and it is recorded when the amount paid for an asset exceeds its fair market value. In this case, the goodwill is the difference between the $40,000 paid for the assets and the $20,000 fair market value. Thus, the initial entry to record the formation of the partnership will recognize goodwill of $20,000.

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Interpreting Footnote Disclosures for Investments
CNA Financial Corporation provides the following footnote to its 2018 10-K report.
Investments The company classifies its fixed maturity securities as either available-for-sale or trading, and as such, they are carried at fair value. Changes in fair value of trading securities are reported within Net investment income on the Consolidated Statements of Operations. Changes in fair value related to available-for-sale securities are reported as a component of Other comprehensive income.
The following table provides a summary of fixed maturity and equity securities.
Cost or Gross Gross Estimated
Amortized Unrealized Unrealized Fair
December 31, 2018 ($ millions) Cost Gains Losses Value
Fixed maturity securities available-for-sale Corporate and other bonds $24,393 $1,028 $514 $24,907
States, municipalities and political subdivisions 12,585 1,399 12 13,972
Asset-backed: Residential mortgage-backed 6,260 88 74 6,274
Commercial mortgage-backed 2,860 36 42 2,854
Other asset-backed 2,568 14 31 2,551
Total asset-backed 11,688 138 147 11,679
U.S. Treasury and obligations of government sponsored enterprises 203 4 - 207
Foreign government 624 7 5 626
Redeemable preferred stock 13 - - 13
Total fixed maturity securitiesavailable-for-sale 49,506 2,576 678 51,404
Total fixed maturity securities trading 5 - - 5
Total fixed maturity securities $49,511 $2,576 $678 $51,409
(a) At what amount does CNA report its investment in marketable debt securities on its balance sheet? In your answer, identify the portfolio’s fair value, cost, and any unrealized gains and losses.
($ millions) Reported on balance sheet Answer
Cost Answer
Unrealized gains Answer
Unrealized losses Answer
(b) Compute the net unrealized gain or loss on CNA’s investment portfolio.
Use a negative sign with your answer to indicate an unrealized loss.
$Answer million
How do CNA’s balance sheet and income statement reflect this net unrealized gain or loss?
Securities are reported at historical cost. Gains and losses are recognized upon sale of the securities.
Securities are reported at fair value. Unrealized gains and losses are recognized currently in net income.
Securities are reported at fair value. Unrealized gains and losses on AFS securities are recorded in accumulated other comprehensive income.
Securities are reported at fair value. Only unrealized losses are recognized in net income. Unrealized gains are deferred and recognized upon sale of the securities.
(c) How do CNA’s balance sheet and income statement reflect gains and losses realized from the sale of available-for-sale securities?
Gains and losses realized from the sale of securities are recognized in current income. The company records an accounting (reclassification) adjustment in the AOCI account to reflect the elimination of previously recorded unrealized gains and losses.
No entry is required as the securities are currently reported at fair value and all unrealized gains and losses are reflected in current income. The fair value changes bypass the income statement.
Gains and losses realized from the sale of securities are recognized in current income. The company records an accounting (reclassification) adjustment in cash and cash equivalents to reflect the elimination of previously recorded unrealized gains and losses.
Gains and losses realized from the sale of securities are recognized in current income. The company records an accounting (reclassification) adjustment in retained earnings to reflect the elimination of previously recorded unrealized gains and losses.

Answers

(A) $37,571

(B) b) Securities are reported at market value. Unrealized gains and losses on AFS (Trading) securities are recorded in accumulated other comprehensive income (net income)

(C) a) Gains and losses realized from the sale of securities are recognized in current income. The company records an accounting (reclassification) adjustment in the AOCI account to reflect the elimination of previously recorded unrealized gains and losses.

Explanation:

(A) Available for sale securities are the investments which a company intends to sell in the near future before the maturity date. These investments are reported at fair value.

(B) The unrealized gains and losses on Available for sale securities are recognized in the accumulated other comprehensive income. These investments are reported at fair value or market value.

(C) When the available for sale securities are sold out and the gains or losses are finally realized the amount is reported in the net income and a reclassification adjustment is made to the previously recorded unrealized gain or losses in the accumulated other comprehensive income.


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Listed below are bundles, each comprised of three independent proposals for which the PW has been estimated. For a capital investment limit of $45,000 and a MARR of 9% per year, the bundle selected isBundle Investment, for Bundle, $ PW at 9%, $1 −18,000 −1,4002 −26,000 8,5003 −34,000 7,1004 −41,000 10,500

Answers

Assuming that the bundles are mutually exclusive and only one bundle has to be chosen, we will choose bundle 4.

This is so because the bundle provides the highest net present worth for the future cashflows.

Also, bundle 4 has an investment of $41,000 which is well within the maximum investment limit.

Cash flow is the net amount of cash and cash equivalents coming into and going out of a business. Inflows are represented by money received, and outflows are represented by money spent.

Ability to generate positive cash flows, or more specifically, ability to maximize long-term free cash flow, is fundamentally what determines a company's ability to create value for shareholders. After deducting any funds used for capital expenditures, a company's free cash flow (FCF) is the cash it generates from its regular business operations.

The amount of money a company receives and expends is known as its cash flow. Businesses receive revenue from sales and spend that revenue on overhead. Additionally, they might make money from investments, royalties, licensing deals, and interest payments. They might also sell goods on credit with the expectation of receiving the money owed at a later time.

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tom tom llc purchased a rental house and land during the current year for $160,000. the purchase price was allocated as follows: $105,000 to the building and $55,000 to the land. the property was placed in service on may 22. calculate tom tom's maximum depreciation for this first year. (use macrs.

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The maximum amount depreciated by tom in this first year is $2386.65.

An asset loses value over time as a result of use, damage, or obsolescence. Depreciation is the measurement for this decline. Depreciation, or a decline in asset value, can be brought on by a variety of other variables, such as bad market conditions, etc. Accumulated depreciation should be classified as an asset if you have to decide between the two options because that is how the account is shown on the balance sheet.

Purchased : $160,000

Building: $105,000

Land: $55,000

Tom's first-year maximum depreciation: we'll use this one.

The mid-month convention is in effect, and the maximum depreciation for residential property will be $105,000 divided by 2.273% over the recovery period of 2.273 years.

maximum depreciation will be here as

maximum depreciation = $105000 × 2.273%

maximum depreciation = $105,000 × 0.02273

maximum depreciation = $2386.65

Maximum depreciation is equal to $105,000 divided by 0.02273, or $2386.65.

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Roland mows Karla's lawn for $25. Roland's opportunity cost of mowing Karla's lawn is $20, and Karla's willingness to pay Roland to mow her lawn is $28. Refer to Scenario 8-2. Assume Roland is required to pay a tax of $3 each time he mows a lawn. Which of the following results is most likely? a. Karia now will decide to mow her own lawn, and Roland will decide it is no longer in his interest to mow Karia's lawn b. Roland and Karla still can engage in a mutually-agreeable trade c. Roland is willing to mow Karla's lawn, but Karla will decide to mow her own lawn d. Karis is willing to pay Roland to mow her lawn, but Roland will decline her offer

Answers

Option d is the correct selection: Karla and Roland can still come to an agreement on a trade.

A consumer's willingness to pay can be thought of as the highest price they can afford for a product or service. When a customer's willingness to pay is greater than the price he actually pays, that customer has earned a surplus. In a similar vein, when a producer receives a price that is greater than the minimum price he is willing to accept, he earns surplus.

What is an example of opportunity cost?

Time spent studying and money used for other purposes are the opportunity costs. Wheat is planted by a farmer; Planting a different crop or making a different use of the resources (land and farm equipment) is an example of the opportunity cost.

What is the name of opportunity cost?

The next best option is commonly referred to as opportunity cost. The loss of gain that could have been gained if another option was chosen is also referred to as the alternative cost. It can also be described as the loss of a benefit as a result of making a different choice.

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What is free cash flow and why is it important?

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Free cash flow is the cash available to a company, it is important because it allows the company's needs to be met.

What is free cash flow?

As we have already mentioned, it is all the money coming from a company's cash, that is to say, it is the amount of liquid money that an entity has with which it can make quick purchases or pay its suppliers.

The free cash flow is of great advantage because it helps companies to quickly solve any inconvenience that may arise, that is why it is considered necessary to manage cash within companies.

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Strengths: Accessible; Fast/Versatile; Customer Service
Limitations: Limited Capacity; High Cost
Primary Role: Move smaller shipments in local, regional, and national markets.
Primary Product Characteristics (Examples): High Value; Finished Goods; Low Volume (Food; Clothing; Electronics; Furniture)

Answers

Customer service is the direct one-on-one interplay between a patron making a purchase and a consultant of the employer who is selling it. most shops see this direct interplay as a vital aspect in ensuring purchaser satisfaction and inspiring repeat enterprise.

Customer support is the help you provide your clients — both earlier than and after they purchase and use your services or products — that helps them have an easy and exciting experience with you. offering remarkable customer service is vital in case you need to preserve clients and develop your enterprise.

Tremendous customer service method following first-rate practices like valuing clients' time, having a nice mindset, and supplying informed and imaginative sources, but you also take things a step, in addition, to exceeding — in place of just meeting — expectations.

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during 2017, trey corporation accrued warranty expense based on 3.5% of net sales revenue. during 2018, trey corporation revised its estimate to 4%. sales revenue was $2 million for each year. for the year ended december 31, 2018, the warranty-related entry would include a debit to:

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For the year ended December 31, 2018, the warranty-related entry would include a debit to warranty expense of $80,000.

If it's miles impracticable to determine the cumulative impact of applying a trade-in accounting principle, then the new accounting principle should be applied prospectively as of the earliest date practicable. in this situation, the disclosures discussed in FSP 30.4.

Cumulative effect equals the difference between the actual retained profits suggested at the beginning of the yr using the antique approach and the retained income that would have been reported at the start of the year if the brand-new technique had been utilized in earlier years.

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FILL IN THE BLANK. n experiments employing the minimal group paradigm, a majority of participants are more interested in maximizing their___than in maximizing their___.

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In experiments employing the minimal group paradigm, a majority of participants are more interested in maximizing their relative gain than in maximizing their absolute gain.

What is the minimal group paradigm?

The minimal group paradigm refers to a method employed in social psychology. Even though it may be used for a variety of purposes, it is best known as a method for investigating the minimal conditions required for discrimination to occur between groups. Experiments that are used through this approach have revealed that even arbitrary distinctions between groups, such as preferences for certain paintings, or the colour of their shirts, can trigger a tendency to favour one's group at the expense of others, even when it means sacrificing in-group gain.

There are many variations, but the traditional minimal group study consists of two phases.

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repeated games are conducive to explicit cooperation. tacit cooperation. corruption. failing to have a nash equilibrium.

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b)Repeated games conducive to tacit cooperation.

Yes, repeated games are conducive to tacit cooperation. This is because, over time, players in the game learn to understand each other’s strategies and behaviors, allowing them to cooperate in order to achieve mutual goals.

For example, in a repeated Prisoner's Dilemma game, both players may come to an understanding that they can both benefit by cooperating in the long run, even though it may not be in their best interest to cooperate on each individual move.

Therefore option B is a correct answer.

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based on the preceding conversation, what could becky do to improve her situation? check all that apply. (A) Request a salary increase(B) Leave the job(C) Put less effort into her work(D) Ask for more work

Answers

Based on the preceding conversation Becky could either Request a salary increase or Leave the job or Put less effort into her work.

Who is an accountant?

An accountant is a specialist who manages bookkeeping and organizes the financial records you use to run your company, including balance sheets, profit and loss statements, and more. They simplify all the financial jargon associated with running a business, auditing your records, creating reports for tax purposes, and more. Corporate, public, governmental, and forensic accounting are among these four branches. Any accounting employment typically requires a bachelor's degree, while prior master's work, particularly in the accounting sector, is frequently greatly encouraged. An accounting career typically requires a bachelor's degree or above. Perhaps further certification is required. People that are good with numbers and very organized are typically good at accounting.

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A group of small grocery shops forms a new business entity to buy products directly from manufacturers. The group buys products in bulk which are then distributed among members. This helps the shops obtain better profit margins. Which of the following types of vertical marketing system can be observed here?
A) contractual
B) corporate
C) administered
D) controlled
E) regulatory

Answers

A group of small grocery shops forms a new business entity to buy products directly from manufacturers. The group buys products in bulk which are then distributed among members. This helps the shops obtain better profit margins. Contractual vertical marketing system can be observed here.

Earlier, businesses chose a traditional marketing strategy. It can be characterized as a situation in which manufacturers, distributors, and retailers work independently from one another to maximise profits. The system increased disputes among business partners and decreased ROI. Some businesses chose to transition to a vertical marketing structure in order to prevent these repercussions.

Manufacturers, wholesalers, and retailers all work together to produce goods and distribute them in a vertical marketing structure. As a result, business owners may effectively manage their organizations and increase their market share. A vertical marketing system aims to reduce rivalry and conflict that frequently exist between businesses. Better efficiency and lower product costs are the results.

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Which of the following is not a type of financial banking?

Answers

Investment banks, insurance firms, and mutual funds just like SBI Mutual Fund.

What makes money important?

Money woes are at the heart of the discipline of finance. It's a crucial element for every individual or business. It is essential for a company since all businesses must make money in order to survive. It is considered a specialty business that requires experienced people for this reason.

What does finance include for a company?

It makes reference to the entire quantity of cash and credit that a corporation has utilized. The execution of all other economic activities, as well as the purchase of goods, services, and raw materials, require business finance. In particular, it is required for conducting out all business processes.

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True/False1.Is optimal portfolio the combination of securities that achieves the highest expected return for a desired level of risk.2. Risk premium must always be larger than required return.

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Is optimal portfolio the combination of securities that achieves the highest expected return for a desired level of risk. This statement is true.

What Is the Optimal Portfolio?

A portfolio that has been perfectly balanced between risk and return is said to be optimal. The best portfolio balances investments with tolerable risk and the highest potential returns, or investments with the lowest risk for a given return.

A portfolio that minimizes your risk for a certain level of return or maximizes your return for a certain level of risk is the ideal portfolio. It implies that risk and return cannot be viewed separately. To achieve bigger rewards, you must accept greater risk.

An asset portfolio that maximizes expected return for a specific degree of risk can be put together by investors using the Modern Portfolio Theory (MPT), a theory of investments.

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Olsson Corporation received a check from its underwriters for $86 million. This was for the issue of one million of its $5 par stock that the underwriters expect to sell for $86 per share. Which is the correct entry to record the issue of the stock? Multiple Choice Cash 86,000,000 Cash Stock 27,000,000 Issue expense Stock contract receivable 59,000,000 Cash 86,800,000 Common stock 86,000,000

Answers

The correct entry to record the issue of the stock is debit cash by $8,600,000, credit common stock by $600,000 and credit capital by $8,000,000.

What is journal entry?

In an organization's accounting system, a journal entry documents a commercial transaction. The foundation of the double-entry accounting method, which has been around for centuries, is made up of journal entries.  A journal entry is the act of recording any transaction, whether one that is economic or not. An accounting diary that displays the debit and credit balances of a corporation lists transactions. Multiple recordings, each of which is either a debit or a credit, may be included in the journal entry.

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Retail Company and Sales Wholesale Corporation enter into a contract for a sale of beach toys for $5,000. To be enforceable, the contract should be in writing and identifya. ​the source of payment.b. ​the price.c. ​the terms of payment.d. ​the quantity.

Answers

Option d is correct. To be enforceable, the contract should be in writing and identify the quantity.

All contracts must be in writing to be enforceable under the Statute of Frauds. If the contract makes performance conceivable within any specific time frame, it must be in writing to be enforceable. Any agreement concerning property must be in writing in order to be upheld.

An anticipatory repudiation is seen as a significant contract breach when it takes place.

A second agreement that satisfies the legal requirements for a contract must be made by the parties in order to rescind an earlier agreement. Through novation, a contractual obligation cannot be released.

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in preparation for an upcoming site visit by the joint commission, the director of him discovered that the number of delinquent records for the preceding month exceeded 50% of discharged patients. even more alarming, was the pattern she noticed in the type of delinquencies. which of the following represents the most serious pattern of delinquencies?

Answers

The correct answer is missing operative reports.

What is operative report?

An operational report is a report that is written in a patient's medical file to summarize a procedure. Following a surgical procedure, the operative report is dictated and then entered into the patient's file.

The preoperative and postoperative diagnoses, as well as the patient's state following surgery, are all included in the operative report.

Preoperative and postoperative drugs, patient information, medical history, informed consent forms, surgeon orders, and a comment about the anesthesia are all included in the operation records.

The patient's postoperative recuperation requires prompt attention from other healthcare providers.

Patients have the right to a copy of their medical records, including the operation report, in the majority of American states.

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A truck costing $30,000 was destroyed in a flood. At the time of the flood, the accumulated depreciation on the truck was $16,000. An insurance cheque for $37,000 was received based on the replacement cost of the truck. The entry to record the insurance proceeds and the disposition of the truck will include acredit to gain on disposal of $21,000.credit to the Truck account for $16,000.credit to the Accumulated Depreciation account for $16,000.credit to gain on disposal of $23,000.None of the above

Answers

A $16,000 credit will be made to the Accumulated Depreciation account as part of the entry to reflect the insurance payout and the truck's disposition. Hence, Option C is correct.

Depreciation is the practise of deducting the cost of a company asset over a number of years as opposed to just one. Depreciation can be calculated using one of four primary methods: a straight line, a twofold decreasing curve, a sum of the years' digits, or a unit of production.

A flood ruined a truck that cost $30,000 to buy. The truck had $16,000 in cumulative depreciation at the time of the flood. Based on the truck's replacement cost, an insurance check for $37,000 was obtained.

There will be a $16,000 credit to the Accumulated Depreciation account in the entry to reflect the insurance payouts and the truck's disposition.

Therefore, Option C is correct.

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which one of the following returns is the average return you expect to earn in the future on a risky asset? group of answer choices realized return expected return market return real return

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Expected return  is the average return you expect to earn in the future on a risky asset.

An asset at risk is what?

Any asset with a certain amount of risk is a risk asset. Equities, commodities, high-yield bonds, real estate, and currencies are examples of assets with a high degree of price volatility that are referred to be risk assets.

Which assets do you refer to?

An economic resource with economic worth that is owned or under the control of a person, a company, or a government with the intention that it would someday be useful is referred to as an asset. An organization's balance sheet lists its assets. They can be divided into four categories: current, fixed, financial, and intangible.

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The amount of money that the public wants to hold is $10 billion. With a monetary base of $2 billion and a money multiplier of 4, which of the following will most likely occur?A The monetary base will increase.B The nominal interest rate will increase.C The money multiplier will increase.D The money demand curve will shift right.E Spending will increase.

Answers

The answer is B. The nominal interest rate will increase. The nominal interest rate is the stated interest rate.

The nominal interest rate is the rate that is publicized by banks, obligation guarantors, and venture companies for credits and different speculations. It is the expressed loan fee paid or acquired to the moneylender or by financial backer. Thus, if as a borrower, you get a credit of $100 at a pace of 6%, you can hope to pay $6 in interest. The rate has been increased to assess expansion.

Nominal Interest Rate = Real Interest Rate + Projected Rate of Inflation

Short-term nominal interest rates are set by national banks. These rates are the reason for other financing costs that are charged by banks and different foundations on, e.g., advances to customers and Mastercard adjusts. Central banks might choose to keep ostensible rates at low levels to spike financial action.

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Explain the concept of lead and lag indicators. Why would the development of such a diagram aid organizations in developing a performance measurement system? Link your response to the discussion on quality strategy from Week 2 and the SWEATT model from Week 4.

Answers

Lagging indicators measure current production and performance, whereas leading indicators advise business leaders on how they can achieve desired results.

In project management, what are leading and lagging indicators?

The terms "lagging" and "leading" indicators are frequently used in project management. Typically "output" focused, lagging indicators are simple to track but challenging to enhance or influence. On the other hand, leading indicators seem to be typically "input" focused, harder to measure but easier to influence.

An economic data point or set that may predict future economic movement or change is known as a leading indicator. Economic leading indicators can be used to anticipate and forecast upcoming market and business trends and events.

Therefore, A lagging indicator is simple to measure but challenging to change, in contrast to a leading indicator that is dynamic but challenging to measure.

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euerstein Company uses the weighted average method in its process costing system. The following data for the Mixing Department were taken from the company's accounting records. Beginning work in process inventory (100% complete as to materials; 80% complete as to conversion) 60,000 units Started in process during the period 180,000 units Ending work in process inventory (100% complete as to materials; 60% complete as to conversion) 40,000 units The equivalent units of production for conversion costs were:

Answers

The equivalent units of production for conversion costs are 16,000 units. Equivalent units are typically calculated for two types of costs: direct materials costs and conversion costs (which include labor and overhead).

To calculate the equivalent units of production for conversion costs, you need to determine how many units are completed during the period and how much of the ending work in process inventory is considered equivalent to a completed unit. Equivalent units are a measure of the work done on units in a production process during a specific period. They are used in process costing, which is a method of assigning costs to units of production based on the amount of work done on those units during a specific period.

First, find the number of units completed during the period by subtracting the beginning work in process inventory from the units started and added during the period:

180,000 units - 60,000 units = 120,000 units.

Next, determine the percentage of the ending work in process inventory that is considered equivalent to a completed unit by subtracting the percentage that is complete as to materials from 100%. In this case, the percentage of the ending work in process inventory that is equivalent to a completed unit is 100% - 60% = 40%.

Then, multiply the number of units in the ending work in process inventory by the percentage that is considered equivalent to a completed unit to find the equivalent units of production for conversion costs: 40,000 units * 40% = 16,000 equivalent units.

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Which one of the following is NOT one of the functions of the World Trade Organization?
*providing aid for developing countries
*monitoring trade policies
*helping combat emergencies, such as the worldwide pandemic
*helping resolve trade disputes
Helping combat emergencies, such as the worldwide pandemic

Answers

The WTO does not have the authority to aid in the prevention of crises like pandemics.

The organization performs a variety of tasks and duties, some of which include: implementing trade rules of policy to provide a level playing field among member nations, and the requirement for reliable and stable international trade regulations.

A study of specific policies makes ensuring that commerce is conducted openly and within a solid framework. The platform for debating potential tactics.

Since it is a global trading system, trade discussions between countries are inevitable. If there is no forum to debate the future of the trade, miscommunications may arise and lead to a situation like a war. This is where the WTO steps in and aids in peaceful negotiations.

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cash paid for property, plant and equipment is found in the cash outflows from the activities section of the statement of cash flows. (enter only one word per blank.)

Answers

The term "cash flow from investing activities" refers to the inflow and outflow of cash from investing in assets (including intangibles), purchasing assets such as property, plant and equipment, shares, debt, and from sale proceeds of assets or disposal of shares/debt, or redemption of investments such as a collection from loans advanced or debt issued.

cash inflows and outflows from operating activities

cash inflows and outflows connected to external financing sources (owners and lenders). Inflows and outflows of cash resulting from the sale or acquisition of investments and long-lived assets. Gross revenues and gross payments are the components of cash flows from operating operations that are reported.

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If Pirate Recording elects to offer an Initial Public Offering (IPO), it will involve preparing full financial disclosure with the ———The firm is advised to solicit the services of an investment banker/underwriter, who will analyze the market and determine the best price for the new issue of Pirate Recording stock. The offering will then be sold on the—————
A- Internal Revenue Service; secondary market.
B- Fair Trade Commission; primary market.
C- Federal Trade Commission; secondary market.
D- Securities and Exchange Commission; primary market.

Answers

If Pirate Recording elects to offer Initial Public Offering (IPO), it will involve preparing the full financial disclosure with fair trade commission. The offering will then be sold on the primary market.

What is fair trade commission?

Under the Ministry of Energy and Business Development, the Fair Trading Commission (FTC) is an autonomous government organisation in Barbados. It is in charge of establishing fair trade policies, laws, and regulations as well as overseeing trade practises and competition policy. It also conducts investigations into business practises that hinder competition, such as monopolies, mergers, collusions, and other unfair trading practises. For regulated service providers, it also establishes the guidelines, fees, and standards of service. seeks to also educate and enlighten consumers, businesses, and other stakeholders on the requirements of the fair trade statutes. In response to these additional demands, the Owen Arthur Administration of the time passed the Fair Trading Commission Act on December 31, 2001. On January 2, 2001, the act went into effect, replacing the Public Utilities Board with the Fair Trading Commission.

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What are the 4 accounting concepts?

Answers

The four basic accounting principles in use are materiality, complete disclosure, consistency, and conservatism.

What is the essence of conservatism?

A political philosophy known as conservatism emphasizes tradition & relies on the person to uphold society. François-René de Chateaubriand coined the phrase for the first time in 1818 as part of the Bourbon Restoration, an effort to undo the effects of the French Revolution.

What makes a person conservatism?

They support minimal taxes, unrestricted markets, privatization, deregulation, and a reduction in government spending and debt. Social conservatives believe that secularism & moral relativism pose a challenge to traditional social values, which are frequently based in ways to combat and religion.

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deadweight loss represents the amount of surplus and surplus forgone because the monopolistically competitive firm charges a price higher than the marginal cost

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Deadweight loss represents the amount of consumer surplus and producer surplus forgone because the monopolistically competitive firm charges a price higher than the marginal cost

What is  deadweight loss?

A deadweight loss can be described as the cost to society created by market inefficiency and this do take place as a result of when supply and demand are out of equilibrium however the deadweight loss can be applied to any deficiency caused by an inefficient allocation of resources.

It should be noted that the the consumer surplus can be seen as the difference between what a consumer is willing to pay  as well as what they paid for a product however the producer surplus on the other hand is the difference between the market price as well as the lowest price a producer is willing to accept  ion the production process.

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complete question:

Deadweight loss represents the amount of ---------------------

surplus and --------------surplus forgone because the monopolistically competitive firm charges a price higher than the marginal cost.

the government decides to increase the per-unit tax on the producers of a good only to find that total tax revenue generated by the tax declines. then, in that range,

Answers

If the government decides to increase the per-unit tax on the producers of a good only to find that total tax revenue generated by the tax declines. then, in that range, b. the demand is elastic and the coefficient of price elasticity of demand is greater than 1.

What is demand?

Demand can be defined as the amount of goods that a customers is ready or willing to buy at a particular period of time.

An elastic demand tend to occur as a result of change in demand and change in price of a product or how the change in demand tend to have impact on change in price.

Therefore the correct option is B.

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The complete question is:

he government decides to increase the per-unit tax on the producers of a good only to find that total tax revenue generated by the tax declines. Then, in that range,

a. the demand is inelastic and the coefficient of price elasticity of demand is less than 1

b. the demand is elastic and the coefficient of price elasticity of demand is greater than 1

c. the demand is inelastic and the coefficient of price elasticity of demand is greater than 1

d. the demand is elastic and the coefficient of price elasticity of demand is less than 1

e. the demand is elastic and the coefficient of price elasticity of demand is equal to 1

The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows:

Year Investment Cash Inflow
1 $ 73,000 $ 6,000
2 $ 6,000 $ 12,000
3 $ 20,000
4 $ 22,000
5 $ 25,000
6 $ 23,000
7 $ 21,000
8 $ 19,000
9 $ 18,000
10 $ 18,000

Required:
1. Determine the payback period of the investment.
2. Would the payback period be affected if the cash inflow in the last year were several times as large?

Answers

The payback period of the investment, given the cash flows, would be 4. 76 years

The payback period would not be affected if the cash inflow in the last year were larger because the payback period was way before the last year.

What is the payback period ?

The payback period is often used as a measure of the profitability of an investment, as it provides a simple way to compare the potential return on different investments. A shorter payback period generally indicates a more profitable investment, as it takes less time for the investment to generate a return.

However, the payback period is only one factor to consider when evaluating an investment, and it should be considered along with other measures of profitability such as the internal rate of return or net present value.

The payback period for this project by Unter Corporation is :

= Period before full payback + ( Cost to be recovered / Cash flow in year of recovery )

= 4 years + ( (73, 000 + 6, 000 ) - 60, 000 ) / 25, 000

= 4. 76 years

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Chair Company contracts to deliver a dozen suites of dining room tables and chairs to Purnit ure Store on May 1. On April 15. Chair tells Furniture that delivery will be delayed until June 1. Furniture may a. Awalt performance, sue Chair for Anticipatory Breach, or suspend its own performance b. Only await performance c. Only sue Chair d. Only suspend its own performance Chapter 22

Answers

Furniture may await performance, sue Chair for Anticipatory Breach, or suspend its own performance.

There are a few things to keep in mind when shopping for furniture. First, think about the style of the room you are furnishing. Second, take into account how much use the furniture will get. If you have kids or pets, you'll want to choose furniture that is durable and easy to clean.

Third, make sure to measure the space you have available before making any decisions. Based on the performance you want, you must decide the material. And finally, consider your budget. It's important to set a realistic budget before you start shopping.

Hence, the correct option is "A".

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