Answer:
The cash was provided by operating activities is $182,000
Explanation:
Net Income = $210,000
Add: Depreciation Expense = $26,000
Add: Loss on Sale of Equipment = $3,000
Add: Decrease in Prepaid Expenses = $2,000
Less: Increase in Inventory = $40,000
Less: Increase in Accounts Receivables = $15,000
Less: Decrease in Accounts Payables = $4,000
Net income = $210,000 + $26,000 + $3,000 + $2,000 - $40,000 - $15,000 - $4,000 = $182,000
Net Cash from Operating Activities =$182,000
how can we use research &
technology
to make american workers more
productive in the global marketplace, and American firms more competitive.
Computer-integrated manufacturing is being used to make American workers more productive in the global marketplace, and American firms more competitive.
The average level of output per worker per hour is known as productivity. The US productivity growth rate increased by 4.2% on average between 1979 and 2011. More particularly, productivity rose 2% in 2011. Although a 2% rise was less than our average productivity growth from 1979 to 2011, 11 other countries that the US bureau of labor statistics monitors annually experienced greater productivity growth than the US. If US businesses want to boost productivity and their ability to compete in the global market, they must take into account a number of elements.
Since a few years ago, automation—the full or nearly full employment of machines to perform tasks—has changed how work is done in industries. Computer-integrated manufacturing is being used by an increasing number of industries to aid in product design and production. Electronic equipment and Computer-integrated manufacturing are combined in a flexible manufacturing system (FMS) to create smaller batches of goods more effectively than on a conventional assembly line.
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If a fixed asset, such as a computer, were purchased on January 1 for $3,750 with an estimated life of three years and a salvage or residual value of $150, the journal entry for monthly expense under straight-line depreciation is Group of answer choices
The operating budget provides a roadmap for financial plans for a short-term, future period. What is a typical “future period” for an operating budget?
An operating budget is a financial statement that outlines the organization's expenditures and revenues for a specific period.
The operating budget is typically for a fiscal year, which is usually twelve months. The future period for an operating budget is usually a fiscal year or less than a year. The operating budget is critical because it establishes guidelines for financial activities and operations in an organization. It provides a roadmap for financial plans for a short-term, future period, which typically begins on January 1st and ends on December 31st.
An organization creates an operating budget to aid in the allocation of resources and expenditures to achieve its objectives for a given period. A typical operating budget is for a fiscal year. A fiscal year is the period when an organization prepares its financial statements. It is usually 12 months, but it may be shorter or longer depending on the organization. An operating budget typically covers one fiscal year; however, it may be longer or shorter based on the organization's preferences.
The future period for an operating budget is frequently updated to reflect the company's current situation and financial standing. It takes into account the actual results of the previous period and the estimated expenditures and revenues for the upcoming year to develop the operating budget for a future period.
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Advertisements masquerade as media content by
A. persuading us to buy a product.
B. breaking crucial news stories.
C. being entertaining and funny.
D. selling us beauty products.
Answer:A
Explanation:
Persuading is a way to attracter customers
Problem 8, MacroSoft Inc. has capitalized $600,000 of software costs. Sales from this product were $360,000 in the first year. MacroSoft estimates additional revenues of $840,000 over the product’s economic life of 5 years.
Instructions
Prepare the journal entry to record software cost amortization for the first year. Show all computations.
Journal Entry:
Date: [First year-end date]
The amortization expense for the first year is $120,000.
Debit: Amortization Expense - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Credit: Accumulated Amortization - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Explanation:To record the software cost amortization for the first year, we need to allocate a portion of the capitalized software costs as an expense. Since the software has an estimated economic life of 5 years, we divide the total software cost ($600,000) by 5 to determine the annual amortization expense. In this case, the amortization expense for the first year is $120,000. We debit the Amortization Expense - Software Cost account to recognize the expense and credit the Accumulated Amortization - Software Cost account to accumulate the amortization over time.For more such questions on Journal Entry
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LEONE COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Finished goods inventory, beginning Cost of goods manufactured Goods available for sale Less: Finished goods inventory, ending Cost of goods sold Gross profit General and administrative expenses Selling expenses Net income $ 84,000 84,000 92.000 $ 3,251,000 $ (8,000) 3,259,000 127.000 603,000 2,529,000
How do you find the cost of goods manufactured?
The cost of goods manufactured (COGM) is the cost of all the products that a company has manufactured during a period.
How to calculateIt is calculated by adding the beginning finished goods inventory to the total manufacturing costs, and then subtracting the ending finished goods inventory.
In the income statement you provided, the cost of goods manufactured is calculated as follows:
COGM = $92,000 + $3,251,000 - $127,000 = $3,224,000
Therefore, the cost of goods manufactured for Leone Company is $3,224,000.
Here is the formula for calculating COGM:
COGM = Beginning finished goods inventory + Total manufacturing costs - Ending finished goods inventory
The total manufacturing costs include direct materials, direct labor, and manufacturing overhead.
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What are capital gains on an investment.
Answer:
A capital gain is, to put it simply, a rise in the value of an investment over its initial purchase price, such as stocks, mutual fund shares, or shares of an exchange traded fund. You have a capital gain if the asset's value rises, and you must pay tax on it
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The annual net sales for a huge soft drink company were 5.6 billion dollars in 2012 and sales were increasing at a continuous rate of 3.85% per year. Estimate, in billions of dollars, the annual net sales in 2016
Answer: 6.51 billion dollars
Explanation:
From the question, we are informed that the annual net sales for a huge soft drink company were 5.6 billion dollars in 2012 and that sales were increasing at a continuous rate of 3.85% per year.
The annual net sales in 2016 will be:
= 5.6 billion × (1 + 3.85%)^4
= 5.6 billion × (1 + 0.0385)^4
= 5.6 billion × (1.0385)^4
= 5.6 billion × 1.1631
= 6.51 billion dollars
Single Choice
3) When should you say Thank you' to Guests?
O When you ask your Guest to do something.
O When they give you something like payment.
When a Guest asks you a question.
When you ask for their payment.
The time that you have to say thank you would be When you ask your Guest to do something.
When to say thank you to guestsYou should say "Thank you" to guests in various situations to express your gratitude and appreciation.
When they give you something like payment: It is customary to say "Thank you" to guests when they provide you with payment for your products or services.
When you ask your guest to do something: If you ask a guest to do something for you, such as filling out a survey or providing feedback, it is polite to thank them for their time and effort.
When a guest asks you a question: If a guest asks you a question, it is a sign that they are interested in your business or product. Thanking them for their inquiry can help build rapport and goodwill.
When you ask for their payment: When requesting payment from a guest, it is courteous to express your appreciation for their business and thank them for their payment.
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Apex project 1.3.1 evaluating the economy
answer
a study of long-distance phone calls made from general electric reveled the length of the calls, in minutes, follows the normal probability distribution. the mean length of time per call was 4.5 minutes and the standard deviation was 0.70 minutes. what is the probability that calls last between 4.0 and 6.0 minutes?
The probability that calls last between 4.0 and 6.0 minutes is approximately 0.7441, or 74.41%.
To find the probability that calls last between 4.0 and 6.0 minutes, we need to calculate the area under the normal curve between these two values.
First, we need to standardize the values using the Z-score formula: Z = (X - μ) / σ, where X is the value, μ is the mean, and σ is the standard deviation.
For 4.0 minutes:
Z1 = (4.0 - 4.5) / 0.70 = -0.71
For 6.0 minutes:
Z2 = (6.0 - 4.5) / 0.70 = 2.14
Next, we need to find the cumulative probabilities associated with these Z-scores using a standard normal distribution table or a statistical software.
The probability associated with Z1 is P(Z ≤ -0.71), and the probability associated with Z2 is P(Z ≤ 2.14).
Using a standard normal distribution table, we can find these probabilities:
P(Z ≤ -0.71) ≈ 0.2389
P(Z ≤ 2.14) ≈ 0.9830
To find the probability that calls last between 4.0 and 6.0 minutes, we subtract the lower probability from the higher probability:
P(4.0 ≤ X ≤ 6.0) = P(Z ≤ 2.14) - P(Z ≤ -0.71)
≈ 0.9830 - 0.2389
≈ 0.7441
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Outsourcing can give short term
Short-term outsourcing is available and may provide you quick fixes and immediate resolutions, you have to see outsourcing as a business partnership that can last beyond a decade. Quick fixes, after all, are incapable of producing long-term rewards.
A company function or any particular business activity may be outsourced to specialist organizations. The corporation often outsources the non-core functions like sanitization, security, home, pantry, etc. The business and the agency enter into a legal contract.
The necessary personnel are then provided to the firm by the agency. The agency bills the business for their services and reimburses them by paying their workers' salaries. Outsourcing is on the rise as a result of global competition. Companies may enhance their profitability and improve the quality of their products by concentrating on their core competencies with the aid of outsourcing.
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Identify one supply or demand shifting factor that the community could have some control over or do something about
One supply or demand shifting factor that the community could have some control over is consumer preferences and behaviors.
1. Consumer Education: The community can actively engage in educating consumers about the benefits of certain products or services. By providing information on the positive impacts of choosing certain goods or services, consumers may shift their preferences towards those options, influencing the demand.
2. Marketing and Advertising: Local businesses and organizations can collaborate to promote goods and services that align with the values and preferences of the community. Effective marketing strategies can influence consumer demand and encourage them to choose specific products, thereby shifting the demand curve.
3. Support for Local Producers: Community members can actively support local producers and businesses by purchasing their goods and services. By creating a demand for locally sourced products, the community can influence supply chain dynamics and encourage businesses to cater to their preferences.
4. Sustainable Practices: Promoting sustainable practices within the community can also have an impact on supply and demand. By advocating for eco-friendly products and services, such as renewable energy or ethically sourced goods, the community can create a shift in consumer demand, influencing businesses to adjust their supply accordingly.
5. Collaboration with Local Authorities: The community can collaborate with local authorities to enact policies that align with their preferences. For example, advocating for stricter environmental regulations or supporting initiatives that promote fair trade can influence both supply and demand factors.
By actively engaging in these steps, the community can exert some control over consumer preferences and behaviors, thereby shifting the supply and demand dynamics in their favor.
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Imagine that a certain uncle or your whom you don't often see, takes a special interest in your education and sometimes sends you money. write him a letter giving him news of your academic work
Explanation:
Dear uncle,
First of all I would like to thank you for all the attention you have given to my education, it is clear that your financial contribution has helped me a lot to achieve my academic goals, but I am proud to have in my family a person like you, who considers the education an opportunity for life and future change for me and the country.
So I come to bring you news about my college that I am sure will make you happy! In this semester I wrote a scientific article on environmental management that was highly praised by my professors and colleagues, and made me receive an invitation to present at a management and technology congress at a renowned college in the region. This topic is very relevant today and I am happy to be a disseminator of such a relevant subject.
Just as you have given me an opportunity to have a better future through studies, I will endeavor to disseminate relevant information that relates management and environmental sustainability as tools for promoting environmental responsibility in organizations, so that in the future companies will not only be profitable, be instruments that protect the environment and guarantee the quality of life of future generations.
With love,
your dear niece
Chou Co. has a net income of $57,000, assets at the beginning of the year are $264,000 and assets at the end of the year are $314,000. Compute its return on assets.
Answer:
18.15 %
Explanation:
Return on Assets = net income / total assets x 100
Note : we use the asset value as at balance sheet date (end of period)
therefore,
Return on Assets = $57,000 / $314,000 x 100
= 18.15 %
The president of XYZ Manufacturing Company of Buffalo, New York, comes to you with a license offer from a company in Osaka. In return for sharing the company's patents and know-how, the Japanese company will pay a license fee of 5 percent of the ex-factory price of all products sold based on the U.S. Company’s license. The president wants your advice. What would you tell him?
The advice will be given to the company will be
The geographic extent of the agreement must be carefully considered by XYZ. The question will be asked as only Japan should market licensed goods.?Before making a decision, XYZ might want to look into more potential licensees. The protection of XYZ's patents in Japan is another necessity.What is a license?A license is referred to as a kind of document which provides legal permission to sell any product or provides the rights to hold any authority. These licenses are of different types based on business.
Licensing might be an attractive style of business if XYZ is a small manufacturer with limited global experience and if the outlook for the marketplace is positive.
It is suggested that managers should compare the projected profitability of a proposed licensing venture with the future profits of alternative entry modes through which can they reasonably decide on licensing as their primary entry mode.
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Cryptocurrency is a form of payment that:
A. can be exchanged online for goods and services.
B. can only be exchanged for specific things.
C. can be used for digital or face-to-face transactions.
D. exists online and in local banks.
Answer:
The answer is A. can be exchanged online for goods and services.
Explanation:
Cryptocurrencies are used primarily outside existing banking and governmental institutions and are exchanged over the Internet.Explain how each of the following events would affect the equilibrium price and quantity of new textbooks. (Explain which curve(s) would shift and in which direction(s).)
The events that would affect the equilibrium price and quantity of new textbooks include changes in production costs, shifts in student enrollment, changes in government policies etc.
How do these events impact the equilibrium price and quantity?The changes in production costs will shift the supply curve of new textbooks. If production costs increase, the supply curve would shift to the left resulting in decrease in the equilibrium quantity and an increase in the equilibrium price.
But if production costs decrease, the supply curve would shift to the right leading to an increase in the equilibrium quantity and a decrease in the equilibrium price of new textbooks.
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Why would a winning scratch off ticket come back.as.invalid after you won?
There could be several reasons why a winning scratch-off ticket might be declared invalid. Some possible reasons include:
altered or damaged ticketillegal purchasea counterfeiterror in distributionHow could these reasons bring about an invalid ticket?The following demonstrate how a ticket could be invalid after winning:
1. The ticket was damaged or altered in some way, making it difficult for the lottery machine to read it correctly.
2. The ticket was purchased illegally, and therefore is not valid for redemption.
3. The ticket was a counterfeit, and therefore is not a legitimate winning ticket.
4. There was an error in the printing or distribution of the ticket, which resulted in it being declared invalid.
If you believe that you have a winning ticket that has been declared invalid, you should contact the lottery office for more information. They may be able to provide you with more information about why your ticket was declared invalid, and what steps you can take to resolve the issue.
Therefore, the correct answers are as given above
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What is the definition of gross income?
Gross income refers to the total income earned by an individual, business, or entity before any deductions or expenses are subtracted.
Gross income is typically calculated on an annual basis, representing the total income earned over a specific period, usually a fiscal year. It serves as a starting point for determining taxable income, which is the amount on which taxes are assessed.
It is important to note that gross income does not account for any deductions or expenses, such as taxes, operating costs, depreciation, or other business expenses. These deductions are subtracted from the gross income to arrive at the net income or taxable income, which is the actual amount on which taxes are levied.
For individuals, gross income includes wages or salaries earned from employment, income from self-employment or freelancing, rental income, investment income, and other sources. It is reported on the individual's tax return and is used to determine their tax liability.
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Adding employees to the payroll is costly for a business. True or false?
Answer:
True.
Explanation:
Adding employees costs money for the business, this means that is is costly for the business to add employees to the payroll.
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Advise business on the role of intermediaries in the distribution process.
Here are some key advantages of intermediaries:
Market Reach
Efficiency and Expertise
Cost Savings
Market Information
Risk Management
Intermediaries play a crucial role in the distribution process of a business. They act as a link between producers and consumers, facilitating the movement of goods and services from the point of production to the point of consumption. Here are some key advantages of intermediaries:
Market Reach: Intermediaries, such as wholesalers, retailers, and distributors, have established networks and access to a wide customer base. They can help businesses reach a larger market and expand their customer reach.
Efficiency and Expertise: Intermediaries specialize in distribution activities, including logistics, warehousing, transportation, and marketing. They possess knowledge and expertise in these areas, allowing businesses to benefit from their efficiency and experience.
Cost Savings: By utilizing intermediaries, businesses can reduce their own costs associated with storage, transportation, and marketing. Intermediaries often benefit from economies of scale, allowing them to provide cost-effective solutions.
Market Information: Intermediaries are in direct contact with customers and have valuable insights into market trends, consumer preferences, and competitor activities. They can provide businesses with market intelligence that helps in strategic decision-making.
Risk Management: Intermediaries can help businesses mitigate risks associated with distribution, such as inventory management, payment collection, and product returns. They assume some of the risks and provide financial and logistical support.
However, businesses should carefully select and manage their intermediaries to ensure alignment with their objectives and maintain control over their brand and customer relationships. Regular evaluation and communication with intermediaries are essential to optimize the distribution process and achieve business goals.
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A 2015 New York Times article described Amazon as “a soulless, dystopian workplace where no fun is had and no laughter heard” (Cook 2015 n.p.). Employees themselves came to the company’s defense (Ciubotariu 2015). Does this reputation continue to haunt Amazon, or has it been addressed?
Now that you have analyzed both sides of fiscal and monetary policy, it’s time to create a debate for a television news show. Choose the information you compiled in either task 1 or task 2, and compose a script that meets these requirements:
Write 10 lines of dialogue each for two characters (20 dialogue lines in total). The dialogue must be economics related and relevant.
One character must take your viewpoint, and the other character must take the opposing viewpoint.
Script each character’s rationale for why the specific action they believe in should be taken.
Include each character’s main opposition to the opposing viewpoint.
Ensure that each character questions the other about points of perceived bias, with each character responding to the other’s question.
The appropriate response to the open question is this. Even though the question doesn't have the language or references for the fiscal and monetary policy arguments.
What is Monetory Policy ?We can nevertheless generate a debate for a television news programme.
Monetary policy refers to the macroeconomic strategy of the central bank.
The government of a country use this demand-side economic strategy to achieve macroeconomic objectives including inflation, consumption, growth, and liquidity. It entails controlling the interest rate and money supply.
In order to meet the demands of various economic sectors and hasten the pace of economic progress, the Reserve Bank of India's monetary policy in India strives to control the amount of money.
For instance, a nation's economy requires liquidity to expand.
Dialogues:
Legislator: I'm adamant that the nation needs to borrow money right now to deal with its problems.
That is the absolute last thing the nation needs, so of course not, secretary. Legislator: Mr. Secretary's limited perspective is regrettable.
Secretary: Senator, you could not be more wrong. With regard to the federal government's fiscal policy, it is known as responsibility.
Legislator: It is inconceivable that the Department you oversee would refuse to take the necessary steps to assist our citizens.
Secretary: We conduct ourselves responsibly. The debt owed by the nation is enormous. We are unable to avoid taking on additional debt.
Legislator: But these are challenging times!
Secretary: This implies that you and your group alter your interpretation of the word simple.
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benefits of mobile commerce to society
The use of m-commerce to conduct sales of goods, provide services, make payments and other financial transactions, the exchange of information etc.
Customers can use mobile applications to quickly access their preferred retail stores, offering one of the fastest shopping experiences to date.
An increase in property value is called
Answer:
An increase in property value is called appreciation.
Answer:
Appreciation
What does appreciation mean in this context?
Appreciation is how much a property increases in value over time.
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___competition is a competitive advantage based on factors other than price.
A-price
B- perfect
C-nonprice
D-monopolistic
how does the ‘common pool’ operate in insurance?
Answer:
How does insurance pooling work?Insurance pooling is a practice wherein a group of small firms join together to secure better insurance rates and coverage plans by virtue of their increased buying power as a block. This practice is primarily used for securing health and disability insurance coverage.
Explanation:
Answer:
A group of insurers or reinsurers through which particular types of risks (often of a substandard nature) are underwritten, with premiums, losses, and expenses shared in agreed ratios
Explanation:
The TSA suits:
A.
Engineering students.
B.
Construction students.
C.
Technology students.
D.
STEM students.
Answer:
STEM Students - TSA focuses on all areas of stem, not just technology.
Explanation:
got it correct
A software company is weighing whether to release a new version of its software. The company can go ahead and release the version now and correct flaws with subsequent patches or upgrades, or it can wait until the new version is reasonably bug-free. This is an example of:
The given scenario is an example of vaporware.
What is Vaporware?This refers to the advertisement of software that is not yet available for purchase.
Hence, we can see that based on the decisions taken by the software company to release their product or to release the first version before releasing the others is an example of vaporware.
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