Answer:
Year 1 56%
Year 2 55%
Explanation:
Calculation to determine the Year 1 and Year 2 common size percentages for cost of goods sold using Net sales as the base.
Year 1
Using this formula
Common size percentage for cost of goods sold for year 1 = Cost of good sold/Net sales
Let plug in the formula
Common size percentage for cost of goods sold for year 1= 129,590/231,400
Common size percentage for cost of goods sold for year 1= 56%
Year 2
Using this formula
Common size percentage for cost of goods sold for year 2 = Cost of good sold/Net sales
Let plug in the formula
Common size percentage for cost of goods sold for year 2 = 151,900/276,200
Common size percentage for cost of goods sold for year 2 = 55%
Therefore the Year 1 and Year 2 common size percentages for cost of goods sold using Net sales as the base is :Year 1 56% and Year 2 55%
Your food truck at City Park is open year-round, but your sales are highest in the summer. Which action should you take in deciding whether or not to buy a newer food truck
The action that should be taken in making the decision will be D. Model the scenarios based on the likelihood of receiving increased cash flow.
From the complete question, it should be noted that taking into account the city license and utility costs when making a decision isn't the appropriate thing to do in this case.
It's important to model the scenarios based on the likelihood of receiving increased cash flow. This will help in deciding whether or not to buy a newer food truck.
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3 true statements about recording journal entries in Quickbooks
Answer:
Explanation:
Journal entries allow you to correct inaccurate information in your accounting records or add transactions that you cannot add in other sections of the software, such as tax adjustments or depreciation expenses.
What are the 3 golden rules?
Golden Rules of Accounting
Debit the receiver, credit the giver.
Debit what comes in, credit what goes out.
Debit all expenses and losses and credit all incomes and gains.
Help me pls
Jin is an accountant who works for the national government, auditing the tax returns of large corporations. The pathway of the Government and Public Administration cluster that Jin works in is:
Question 13 options:
Public Management and Administration.
Revenue and Taxation.
Foreign Service.
Planning.
Revenue and Taxation department is the pathway of the Government and Public Administration cluster that Jin works in.
The department of the Revenue and Taxation is a pathway that exist under the Public Administration.
The main role of the department of the Revenue and Taxation is to ensure collection of tax in the state, auditing of tax as well as remittance of tax revenue to the Federal coffers.
Hence, the Revenue and Taxation department is the pathway of the Government and Public Administration cluster that Jin works in.
Therefore, the Option B is correct.
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Answer:
Revenue and Taxation.
Explanation:
took the test
If I am under 18 years of age, I am prohibited from using my cell phone while driving unless
Answer:
Cell phone usage while driving is prohibited at any age
Answer:
unless of emergancy
Explanation:
most of the annual requirements for supplies and services are funded with procurement funds? true or falce
The statement that most of the annual requirements for supplies and services are funded procurement funds True.
In a project, there will always be annual requirements for supplies and services that is required to achieve the goals as regards the project.
Which means procurement funds, all necessary equipment as well as tools needed for the project would be gotten.
Therefore, to acquire all the annual requirements for supplies and services, procurement funds are needed to achieve this.
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Consider a hypothetical business problem of increased number of incidents and service requests raised by the users that was affecting the turnaround time at their IT help desk. Which tool set combination has the potential to provide the complete end to end solution
Based on the information given, the set of tools that will be used include kore ai, smart analysis, ikon, dynatrace, and remedy.
From the complete information, smart analytics simply means the process of collecting and analyzing data in order to help businesses make better decisions.
Dynatrace is also important as it provides a softwares platform that's based on artificial intelligence which will help achieve organizational goals.
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Healthy Eating Corp. produces yogurt combined with added ingredients, such as nuts, granola, and chocolate chips. The company encourages its customers to share their ideas for new yogurt flavors and items to mix into the product on its website. Then, it allows users to vote on which flavor combination they like best in order to determine the combinations Healthy Eating Corp. will produce. Which digital marketing characteristic does this scenario best describe
The digital marketing characteristic that this scenario best describe is interactivity.
Interactivity can be defined as the process where by producer or manufacturer interact with their customers by seeking their customers opinion or feedback about their products
Companies sometimes makes use of Interactive digital marketing so as to encourage their customers to share their product preference or ideas about what they think about their product.
Interactive digital marketing is important as it help manufactures to know their customers demand so as to meet their customers need thereby increasing sales and it as well help them to build rapport with their customers.
Inconclusion the digital marketing characteristic that this scenario best describe is interactivity.
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∫12cos(4θ)dθ= ? Solve the integral
The integral of [tex]\int\limits {12cos(4\theta )}\ is\ 3sin4\theta +C[/tex]
Integration is a way of adding parts to find the whole. Integration can be used to find areas, volumes, central points and many useful things.
[tex]\int\limits {12cos(4\theta )} \, d\theta\\\\ =12\int\limits {cos(4\theta )} \, d\theta\\\\=12(\frac{sin4\theta}{4}) +C\\\\=3sin4\theta +C[/tex]
Where C is the constant of integration
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The following information has been obtained from the Myers Corporation: 300,000 shares of common stock were outstanding on January 1, 20X1. 50,000 stock options were outstanding on January 1, 20X1; each option allows the holder to acquire one share of common stock for $20 per share. The average market price of the common stock during 20X1 was $25 per share. 48,000 shares of common stock were issued on February 1, 20X1. 18,000 shares of common stock were purchased on August 1, 20X1. What is the weighted average number of shares to be used in the calculation of diluted earnings per share for 20X1
Thus, the weighted average number of shares that Myers Corporation will use in the calculation of diluted earnings per share for 20X1 is 386,500.
Data and Calculations:
Date of Issue No. of Share Weight Weighted-Average
Outstanding, Jan.1 300,000 12/12 300,000
February 1 48,000 11/12 44,000
August 1 (Treasury stock) (18,000) 5/12 (7,500)
Jan. 1 (Stock options) 50,000 12/12 50,000
Weighted average number 386,500
In calculating the weighted average number of shares, the weight of each share issuance is dependent on the number of months that it has remained outstanding.
Thus, the weighted average number of shares that Myers Corporation will use in the calculation of diluted earnings per share for 20X1 is 386,500.
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what business you want to stablish in the future ? why ?
Answer:
Business I want to stablish in the future is a store.
Explanation:
Because many people buy in a store.
Stop sending links. I hate it. Stop it. If you dont know the answer dont say nothing. Nothing!!!! If anyone see this that I wrote right now LINKS HAS TO BE STOPPED BY TODAY!!! I MEAN IT NO MORE LINKS!!!! STOP IT RIGHT NOW AND I MEAN IT TODAY!!! STOP THE LINKS TODAY!!!! NO MORE LINKS AT ALL AND THE FUTURE!!! STOP IT TODAY!!! TODAY!!!! LINKS ARE BANNED SO END IT!!!!!
Answer:
Yessir, Those links GOTTA GO!
Explanation:
Like, explain to me this. You want to find the answer to the question, but when you find the question you need, there’s a link to the answer. People are like: EXCUSE ME?! I Don’t need a link, I NEED an actual ANSWER.
Tell me if it isn’t true.
help needed
Tasha is a court reporter for a federal district judge. Her job is to type every word that is stated on the record during a federal trial. The pathway in the Law, Public Safety, and Security cluster that Tasha's job belongs in is:
Question 12 options:
Security and Protective Services.
Legal Services.
Emergency and Fire Management Services.
Correction Services.
The pathway in the Law, Public Safety, and Security cluster that Tasha's job which includes typing all the words said on trial for the record, belongs in is:
Legal Services.According to the given question, we are asked to state the pathway in the Law, Public Safety, and Security cluster that Tasha's job which includes typing all the words said on trial for the record, belongs in.
As a result of this, we can see that Tasha who is a court reporter belongs to the Legal Services pathway in the Law, Public Safety, and Security cluster as she has to record the words said in a trial in the law court.
Therefore, the correct answer is Legal Services
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Answer:
B
Explanation:
23-The journal entry to record a payment made on an installment note would include:
a. A debit to Installment Note Payable
b. A debit to Interest Expense
c. A credit to Cash
d. All the above
Which non-income factor for a potential job would influence a person who values easy access to entertainment and culture?
a
Job security
b
Working hours
c
Location
d
Availability of benefits
Answer:
C
Explanation:
Do to the rEASON I FOUND ONLINE
The non-income factor for a potential job that would influence a person who values easy access to entertainment and culture is Location.
What do you mean by the job?A job refers to the specific task that needs to be done as part of the routine of one's occupation for an agreed price.
The non-income factor for a potential job that would influence a person who values easy access to entertainment and culture is Location.
Therefore, C is the correct option.
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How to write email asking for further details and paying procedure
Answer:
considering that an address is not mentioned, following is a letter in regards to payment procedure,
xxx
xxx(address),
To whoever it may concern,
Dear Sir/Madam,
I am writing this letter to you, seeking a few answers in regards to your leaflet.I recently came accross your advertisement for products.
I wanted to inquire in regard to the sauna Belt that ur offering.it was mentioned that a scale is going on till the 31st of January. could you kindly mention the suitable payment procedure for this order.
Thank you,
your sincerely,
shivangi sharma
hope it's helps you....plz mark me as brainlistWhat type of business organization generates the most total sales? General partnership Corporation Sole proprietorship O Partnership O Cooperative Previous?
Answer:
d
Explanation:
The Corporation business organization generates the most total sales. Option B is correct
What is a CorporationCorporations generally generate the most total sales due to their scale and reach. They have the ability to raise funds publicly through the sale of stocks, which allows them to grow and expand more quickly than other types of business organizations.
In addition, corporations are typically larger in size and have greater resources, allowing them to generate higher sales volumes. They often operate across multiple markets and regions, both domestically and internationally, further contributing to their high total sales.
Hence option B corporation generates the most total sales
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What is the advantage of using agents and brokers when a firm does not have its own sales forces?
Agents and brokers have extensive knowledge of the needs of consumers.
Agents and brokers gather and sort information for online consumers.
Agents and brokers can act as e-intermediaries for internet sales.
Agents and brokers have extensive knowledge of the markets and merchandise.
Agents and brokers encourage syndicated selling.
The advantage of using agents and brokers when a firm does not have its own sales force is that the agents and brokers have extensive knowledge of the markets and merchandise. Hence, Option D is correct.
Who are the agents and brokers?Brokers and agents are the people who are used by manufacturers for the possession of their goods in the market. They are the key source for such manufacturers who want to make their products easily available in the market.
The key role of the brokers and the agents is to bring in new buyers or clients for the company. They are hired by the companies as their representatives in front of the buyers.
As the agents and the brokers have a deep knowledge of the local market, it makes it easy for companies who do not have their own sales force to hire agents and brokers to sell their products in the market.
Therefore, Option D: Agents and brokers have extensive knowledge of the markets and merchandise.
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As a bank loan officer, you are considering a loan application by Endurance Sporting Goods. The company has provided you with the following information:
Cash $ 25,000
Account Receivable $45,000
Inventory $140,000
Fixed Assets $190,000
Current Liabilities $70,000
Long-Term Liabilities $90,000
Endurance Sporting Goods’ debt to owners' equity ratio (rounded to the nearest tenth of a percent) is
Endurance Sporting Goods’ debt to owners' equity ratio is 66.7%.
First step is to calculate the Owner's Equity
Owner's Equity=Total Assets - Total Liabilities
Where:
Total Assets =$25,000 + $45,000 + $140,000 + $190,000
Total Assets = $400,000
Total Liabilities =$70,000 + $90,000
Total Liabilities=$160,000
Let plug in the formula
Owner's Equity=$400,000-$160,000
Owner's Equity=$240,000
Second step is to calculate debt to owners equity ratio using this formula
Debt to owners equity ratio= Debt (total Liabilities)/Owner's Equity
Let plug in the formula
Debt to owners equity ratio = $160,000/$240,000
Debt to owners equity ratio = 0.667×100
Debt to owners equity ratio= 66.7%
Inconclusion Endurance Sporting Goods’ debt to owners' equity ratio is 66.7%.
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In the month of March the Chester Corporation received and delivered orders of 182,000 units at a price of $15.00 for revenue of $2.730mil for their product Cedar. Chester uses the accrual method of accounting and offers 30 day credit terms. By the end of May Chester had collected payments of $2.730mil for the March deliveries. How much of the collected $2.730mil should Chester show on the March 31st income statement and how much on the May 31st income statement?
What is fiscal regionalism?
O A. Hierarchical intergovernmental aid
O B. Horizontal intergovernmental aid
O C. Unfunded mandates
O D. None of these
Answer:
b
Explanation:
this message and deleting a great time to meet at all of you guys can do you want the other one to be honest with my resume is a bit and he will need anything to a few months
IRAC Briefing
CATE v. DOVER
What did the warranty section of the contract provide?
What type of warranty was involved in this case?
What is the issue in the case?
In whose favor did the court rule?
no se la verdad porque no se inglés si supiera inglés te hubiera ayudado
A life-cycle fund holds assets designed to meet the needs of individuals who Group of answer choices will need funds for college costs in 2030 will retire at a particular age believes a recession is eminent plans to retire in 2050
It should be noted that life-cycle fund holds assets designed to meet the needs of the owner that want to retire at a particular age.
Life-cycle funds can be regarded as an asset-allocation funds, whereby there an adjustment is been done on share of each asset class as the retirement date of the owner is getting closer.
In this case, the percentage of bonds as well as the other fixed-income investments of the owner usually goes up.
Therefore, life-cycle fund is been referred to as assets so that some needs of the owner that is going to retire at a particular age.
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- identify changes and trends as a source of new enterprise ideas
Changes and trends are sources of new enterprise ideas. An example can be found in the advent of technology. The advent of internet-enabled devices has led to the growth of internet service providers. The use of headphones, Bluetooth devices, and other accessories has been borne because of new technologies that were not available some fifty years ago.
Changes in trends can lead to the birth of new businesses. Changes in weather condition that pose the risk of skin damage has led to the popularization of sunblocks.
Internet-enabled devices have also led to the introduction of enterprises that deal with gadgets accesories.
These examples show that changes and trends are sources of new enterprise ideas.
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How will unemployment trends impact a person's professional career choice?
Answer:they can make them not want to work anymore
Explanation:
Rachel's Recordings reported net income of $240,000. Beginning balances in Accounts Receivable and Accounts Payable were $19,000 and $22,000 respectively. Ending balances in these accounts were $8,500 and $28,000, respectively. Assuming that all relevant information has been presented, Rachel's net cash flows from operating activities would be: ____________
a. $240,000.
b. $250,500.
c. $256,500.
d. $223,500.
Based on Rachel's Recording net income and Account Receivables and Payables, the net cash from operating activities must be c. $256,000
When calculating net cash from operating activities:
Increases (decreases) in Accounts Receivables are deducted (added) from the net income Decreases (increases) in Accounts Payable are deducted (added) from net incomeThe net cash from operating activities will therefore be:
= 240,000 + (19,000 - 8,500) + (28,000 - 22,000)
= 240,000 + 10,500 + 6,000
= $256,500
In conclusion, the net cash from operations is $256,000
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What should I make handmade for a Christmas gift
Answer:
it really depends on the person what is that person into like maybe draw one of theree favroite things paint them something thats all i can think of for homemade
Explanation:
Suppose that you are in charge of an insurance company. Two kinds of people want insurance, healthy people who probably will not get sick this year and unhealthy people who probably will get sick this year. Healthy people expect to pay, on average, $4,000 on medical bills this year. Unhealthy people expect to pay, on average, $8,000 on medical bills this year. Consider these assumptions and then answer the problem.
(i) People will not pay more for insurance than they expect to pay in medical bills; people are risk neutral. As such, healthy people will not pay more than $4,000 for insurance, and sick people will not pay more than $8,000.
(ii) You want to insure as many people as possible, but you cannot charge less for insurance than you expect to pay out. If you do, you will go bankrupt, and you will not be able to pay the medical bills of some people who get sick.
(iii) People know whether they are healthy or unhealthy, but it is either impossible or illegal for you to know whether a person is healthy or unhealthy. This means that you cannot charge less to healthy people and more to sick people since you do not know which individuals fall into each group.
(iv) There are an equal number of healthy and unhealthy people.
How much will you charge for insurance in equilibrium, and who will buy insurance?
a. You charge $2,000 and everyone buys insurance.
b. You charge $3,000 and only unhealthy people buy insurance.
c. You charge $1,000 and everyone buys insurance.
d. You charge $1,000 and only healthy people buy insuran.
e. You charge $3,000 and everyone buys insurance.
The equilibrium premium, which balances the premiums charged to healthy and unhealthy people, charged for insurance under this scenario is e. You charge $3,000 and everyone buys insurance.
$3,000 will be affordable to both the healthy and the unhealthy. This amount of premium will enable both classes to buy insurance.
It will not benefit the company to charge:
$2,000 and enable everyone to buy insurance$3,000 and enable only unhealthy people to get insurance$1,000 so that only the healthy people to buy insurance$1,000 because only healthy people buy insurance.Thus, the insurance premium charged should be Option E.
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QUESTION 24
More communication is always better.
O True
O False
Answer:
true
Explanation:
Communication helps understanding people better removing misunderstanding and creating clarity of thoughts and expression.
Internet domain names are linked to trademark issues. Technology makes it easy to copy and distribute music and movies without paying royalties. Business conducted on the internet raise security and privacy issues. What legal concerns are raised by these issues
Considering the situation described above, the legal concerns raised by these issues are "Piracy."
What is Piracy?Piracy is a term used to describe the unauthorized use or reproduction of another person's work.
Given that the issues above were centered on trademark, royalties, and privacy issues relating to works on the internet, this is an example of Piracy issues.
Hence, in this case, it is concluded that the correct answer is "Piracy."
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Question 56 of 75. Louise is a 29-year-old taxpayer who will use the head of household filing status. Her 2020 modified adjusted gross income is $48,000. During the year, she made a $1,500 contribution to her employer's 401(k) plan. She has never taken a distribution from any retirement plan. The maximum amount Louise may receive for the retirement savings contributions credit (Saver's Credit) is:
Considering the situation described above, the maximum amount Louise may receive for the retirement savings contributions credit (Saver's Credit) is "$150."
This is because according to the Internal Revenue Service regulations, for individuals filing under the head of household filing status, with an adjusted gross income of $31,876 - $48,750, such person would only be able to receive 10% of his retirement savings contributions credit (Saver's Credit).
Therefore, Louise has only contributed $1,500 to her employer's 401(k) plan. Consequently, she can only receive 10%, which is "$150."
Hence, in this case, it is concluded that the correct answer is "$150."
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