Answer:
The net income for September, 2013 is $12,020
Explanation:
Net Income is calculated as Sales less Expenses.
The First Step is to record the transactions given.
Then determine the Relevant Account Balances (Affecting Income Statement).
Finally, Prepare Income Statement to get the Net Income.
Record.
A.
Cash $23,500 (debit)
Capital $23,500 (credit)
B.
Office Equipment $11,500 (debit)
Cash $2,500 (credit)
Note Payable $9,000 (credit)
C.
Utility Expenses $980 (debit)
Cash $980 (credit)
D.
Rent Expense $2,000 (debit)
Cash $2,000 (credit)
E.
Cash $9,000 (debit)
Accounts Receivable $6,000 (debit)
Sales Revenue $15,000 (credit)
F.
Office Furniture $9,700 (debit)
Cash $9,700 (credit)
Account Balances.
Sales Revenue $15,000 (credit)
Utility Expenses $980 (debit)
Rent Expense $2,000 (debit)
Income Statement for September
Sales Revenue $15,000
Less Expenses :
Utility Expenses ($980)
Rent Expense ($2,000)
Net Income / (loss) $12,020
Conclusion :
The net income for September, 2013 is $12,020
If you have many competing financial goals, what should you do to help yourself focus on the most important ones?
A.
Get more unearned income.
B.
Prioritize and make a budget.
C.
Open a checking account.
D.
Diversify your investments.
Answer:
B.
Prioritize and make a budget.
two ways in which best bank can adapt to the challenges of the macro environment
Answer:
Mergers or Information Management
Explanation:
Mergers-In order to respond to certain challenges, businesses may choose to merge with another business. The new business will have a larger market share than either of the original businesses did.
Information management -All changes lead to new information that needs to be distributed to all the relevant parties.
Information must be managed efficiently and a system must be in place so that the relevant staff can easily access it.
Information must be protected and kept secure to protect the company's intellectual property.
What may make a small business loan challenging to obtain? List at least two potential obstacles.
Answer:
credit
work history
Explanation:
hope this helps
Suppose you are a human resource professional at a company setting up work
teams for production and sales. Explain at least four legal requirements which need
to be embedded in your pay structure to support this new work arrangement.
If I were a human resource professional at a company setting up work teams for production and sales, the four legal requirements that need to be embedded in my pay structure to support this new work arrangement are:
The nation's minimum yearly salary.State minimum wage is paid.Minimal wage for the employees.A flat wage for the position.What will the legal requirements be about?A group incentive plan is a form of compensation that bases pay on the collective performance of a team and emphasizes cost-cutting, productivity growth, and achieving organizational objectives.
I supposedly work in human resources for a company that organizes work teams for sales and production and I would suggest the below point to encourage this new work arrangement:
Teams that are unable to function independently are provided group incentive plans. They are only able to function in teams, and the job itself necessitates it.Learn more about human resource professional from
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If a manufacturing company uses a single, weight losing raw material to manufacture its finished product, then most likely the company will____
responses :
a. locate several manufacturing plants close to the customers
b. use a ubiquitous raw material
c. choose to outsource its labor component
d. agglomerate close to similar factories
e. locate its manufacturing plant at the raw material site
If a manufacturing company uses a single, weight losing raw material to manufacture its finished product, then most likely the company will locate its manufacturing plant at the raw material site. The correct answer is e.
Weight loss raw materials are those used in the production of products like sugar, iron and steel, and aluminum that lose weight during production. Mineral-based industries as a concept.
Weight is a measure of how much gravity is pulling on an object. Due to the buoyant force or upthrust exerted by the liquid in which an object is partially or completely submerged, there appears to be a loss in weight. The force that makes objects float is known as buoyant force. An example of a weight-loss industry is the sugar sector. The correct answer is e.
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..............................
Explain Business Management Definition
Answer:
The process of organization coordinations for business activities
Explanation:
Business Management Definition and Its Functions in the Company
Definition of business management. The word business management comes from two words, namely management and business.
Business management function. The main objective of business management is the effective use of various resources within...
The type of management needed in business. The function of business Cordiantions
Evaluating the possible positive and negative outcomes of different
economic decisions is called:
A. marginal cost analysis.
B. cost-benefit analysis.
C. revenue projection analysis.
D. opportunity cost analysis.
Answer:
marginal cost analysis
Heather Smith is considering a bond investment in Locklear Airlines. The $1,000 par value bonds have a quoted annual interest rate of 8 percent and the interest is paid semiannually. The yield to maturity on the bonds is 12 percent annual interest. There are 10 years to maturity.Required:Compute the price of the bonds based on semiannual analysis.
Answer:
Price of bond = $770.60
Explanation:
The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).
Value of Bond = PV of interest + PV of RV
The value of bond for Heather Smith can be worked out as follows:
Step 1
PV of interest payments
Semi annul interest payment
= 8%× 1000 × 1/2 =40
Semi-annual yield = 12/2 = 6% per six months
Total period to maturity (in months) = (2 ×10) = 20 periods
PV of interest =
40 × (1- (1+0.06)^(-20)/0.06) = 458.796
Step 2
PV of Redemption Value
= 1,000 × (1.06)^(-20) = 311.80
Step 3 :Price of bond
= 458.796 + 311.80 = 770.60
Price of bond = $770.60
How might a companies mission, vision, or values support or detract from it’s competitive advantage and customer value proposition?
A company's mission, vision, and values can significantly impact its competitive advantage and the customer value proposition.
What is competitive advantage?A competitive advantage is the unique set of qualities or attributes that allow a business to outperform its competitors. This could be anything from proprietary technology, access to resources or distribution channels, superior customer service, or a strong brand reputation. Essentially, it is what makes a company stand out and succeed in its industry. A competitive advantage enables a business to generate more revenue, acquire and retain customers, and ultimately achieve a greater market share. It is important for businesses to identify and cultivate their competitive advantages to maintain their position in the marketplace and continue to grow. However, it's worth noting that competitive advantages are often short-lived, and businesses must continually innovate and adapt to maintain their edge over time.
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Kenya is enrolled in 14 credit hours this semester. Using the 2:1 rule, how many hours will she spend total on college schoolwork in class and on her own?
A. 7
B. 21
C. 28
D. 42
7 hours will she spend total on college schoolwork in class and on her own. Calculator for Credit Hours For a conventional 14-week course, each credit hour equates to at least 3 hours of weekly student involvement and to 6 hours for a 7-week course.
Discussions, lectures, readings, assignments, and research can all be done during this period. The amount of credit a student receives for successfully completing one contact hour and two preparation hours per week for a college semester is known as a semester credit hour (SCH). Regardless of the length of the course, one semester hour is equal to 15–16 contact hours.
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electricity charges paid to electricity authority by cash rs.6500
100 POINTS PLZ HELP
Career and Technical Student Organizations: Tutorial
Choosing a Professional Organization
This activity will help you meet these educational goals:
Content Standards— You will research and choose a professional organization for your chosen career path.
Inquiry—You will conduct online research in which you will collect information and communicate your results in written form.
21st Century Skills — You will use critical-thinking and problem-solving skills.
Directions
Read the instructions for this self-checked activity. Type in your response to each question, and check your answers. At the end of the activity, write a brief evaluation of your work.
Activity
Identify three professional organizations for your chosen career via Internet research. Describe the membership requirements, as well as any certifications that the organization might offer. Why would you join the organization? What are the benefits of joining it? What are the drawbacks? Do you have to get any certifications? Identify the one organization that you believe would be the best for a professional entering the field in that chosen career cluster, and explain why.
Answer:
Hydrologist
Architect
Naval architect
Architectural or civil drafter
Materials lab and supply technician
Explanation:
Answer:
PLATO/edmentum sample answer :)
Explanation:
I have conducted an online research and identified three professional organizations for my chosen career path of finance and insurance. The organizations are as follows.
International Cost Estimating and Analysis Association (ICEAA): This association is a non-profit organization that has not only national chapters but also international ones. It fosters the professional growth of its members and has open membership for students, professionals, and government employees. It offers a certification program that could train you to become a Certified Cost Estimator/Analyst. This certification program consists of two parts. However, one needs five years of cost experience and a bachelor’s degree. A benefit of joining this program is that members can get international exposure because of the presence of international chapters.
International Association of Insurance Professionals: This association provides a platform for people who want to establish a career in insurance. This professional association is open to all individuals in the insurance and risk management industries. It offers various programs for entry-level professionals and for those who want to continue their education. One of the most popular certifications it offers is the Certified Leadership Program (CLP). This program has four modules, with papers ranging from strategic planning to self-leadership. The benefits of joining this organization are that it provides mentoring opportunities, has various educational programs and certifications, and—most important—offers partnerships with other business organizations that could prove beneficial in the long run.
Government Finance Officers Association (GFOA): This organization has an open membership for those moving toward government financial management. It has comprehensive resources and updates its members on accounting standards such as GAAP and the Code of Professional Ethics. The Certified Public Finance Officers Program is the certification that GFOA offers. This self-study program tests your knowledge of government finance. It is a series of five examinations that receives technical support from Radford University. The benefit of joining this organization is that it provides internships and scholarships for students. Because of this benefit, I think GFOA is the best organization for providing guidance and support to students and professionals entering the Finance career cluster.
Domestic Industries. Inc. is relocating its manufacturing facilities from Ohio to Mexico. What term could we use for this decision?
Group of answer choices
A)Outsourcing
b)Off-shoring
c)Domestic Outsourcing
D)In-sourcing
whats the meaning of economics
Answer:
Economics is the study of how society uses its limited resources. Economics is a social science that deals with the production, distribution, and consumption of goods and services. It focuses heavily on the four factors of production, which are land, labor, capital, and enterprise.
Explanation:
Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. ... The building blocks of economics are the studies of labor and trade.
Economics is defined as a science that deals with the making, distributing, selling and purchasing of goods and services. An example of economics is the study of the stock market.
If 32 oz of cheese if $9.98 how much would 4 oz of that cheese be
If the cost of 32 oz of cheese is $9.98, 4 oz would cost $1.25 (rounded to the nearest cent).
What transpires if the market has an excess of wheat?So there would be a surplus since there would be more supply than demand. The oversupply of wheat would activate market forces. In order to sell more wheat, wheat farmers would cut the price.
Would the supply be affected if the price of wheat changed?The demand for wheat will rise as the price of wheat declines. When the demand curve shifts, there is an increase in demand. At the new equilibrium price, more wheat will be traded, increasing the amount demanded.
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What is defined as the human response to overstimulation?
Answer:
In essence, stress is the human body's response to overstress.
Explanation:
During stress, the human body produces the hormone adrenaline, which makes you look for a way out. Stress in small amounts is necessary for everyone, because it makes us think, look for a way out of the problem, and in this case it has a positive value. But on the other hand, if stress becomes too much, the body becomes weaker, loses strength, the ability to solve problems and can cause serious illness.
Answer:
What is the definition of overstimulation?
English Language Learners Definition of overstimulate
: to cause (someone or something) to become too active or excited : to stimulate (someone or something) too much. See the full definition for overstimulate in the English Language Learners Dictionary. More from Merriam-Webster on overstimulate
Should internet service providers be required to provide service to all customers and be treated and regulated as monopolies similar to electric companies?
(Give a well thought out answer and ill give brainliest)
There are several factors to consider but in general, internet service providers be required to provide service to all customers and be treated and regulated as monopolies similar to electric companies.
Why should internet service providers provide service to all customers?Requiring internet service providers (ISPs) to provide service to all customers and regulating them as monopolies similar to electric companies could potentially lead to increased access to reliable and affordable internet for all individuals, regardless of their location or economic status. This could help bridge the digital divide and ensure that everyone has access to essential services and opportunities, such as education, healthcare, and employment.
Some argue however, that the regulation of ISPs as utilities could lead to government overreach and limit the ability of ISPs to innovate and adapt to changing technologies and consumer demands.
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who is labron james first son
Answer [3]
Hi there! I'm Lilo, and I'm here to help you :D
His eldest/first son was Bronny James
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~``
More info:
Bronny James is the eldest son of Lebron James.
He currently plays as a Point guard for Sierra Canyon High School.
He is the 24th ranked player in his high school class.
And he has been labeled a 4 - star recruit by ESPN.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Last messages:
Have a great Morning/ Afternoon/ Night :)
I'm truly sorry if this is incorrect :(
- [Lilo2was2lost]
Critical Thinking
7. Classify Identify the factor of pro-
duction represented by each of the
following: (a) fishing waters, (b) an
office building, (c) clerks in a store,
(d) a tractor, (e) a student in a cook-
ing school. Explain.
Quic
10. Loo
Wo
list
ar
n
8. Infer If companies can become
more productive by increasing their
physical capital, why would a com-
pany not buy up-to-date computers
for all employees each year?
9. Apply Think of a good or service
that you consumed today. List at
least five factors of production used
to produce that good or service.
Include at least one example each of
land, labor, and capital.
7. The production factor are, (a) fishing waters Land, (b) an office building Capital, (c) clerks in a store Labor, (d) a tractor Capital, (e) a student in a cooking school Entrepreneurship.
What is factor of production?There are four factors of production namely, land, labor, capital and entrepreneurship.
8. Infer If companies can become more productive by increasing their
physical capital, why would a company not buy up-to-date computers
for all employees each year?
Companies can become more productive if they keep their assets up to date, but the assets have a specific life and can be used up to it. The assets must be utilized for its specific life to minimize the expenses and maximize the profit.
9. Apply Think of a good or service that you consumed today. List at
least five factors of production used to produce that good or service.
Include at least one example each of land, labor, and capital.
I consumed food today this included more than five factors of production, the food was cooked by a chef this is labor, the food was cooked in a kitchen that was the land, the food was served in a restaurant that is the entrepreneurship and the food was prepared by mixing many ingredients for example, rice, meat and spices this make the capital.
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How will the governments aggressive fiscal policy in response to the coronavirus pandemic affect national savings
Answer:postponed the declaration and payments of income taxes for individuals and enterprises.
Explanation:
Z
According to money measurement concept, which of the following will NOT E the books of accounts? a. search O b. Commission payable to a salesman. O c. Quality of the products O d. a and b Extra profits arising out of revaluation of assets O e. All the above Check
Answer: Commission payable to the salesman
Explanation: According to the money measurement concept, the commission payable to the salesman will be recorded in the books of accounts.
Quality control in business, extra profits made due to the introduction of a budgetary control system are qualitative in nature and cannot be recorded, as according to the money measurement concept, only those transactions which can be measured in terms of money are recorded in the books of accounts.
Which would be a good reason for a borrower to use a Peer-to-Peer (P2P) lender?
The fees may be higher than from a depository institution.
The interest rate is higher than from a depository institution.
They may not be able to borrow money from any other source.
They will build their credit score faster than using other sources.
A good reason for borrower to use a Peer-to-Peer (P2P) lender is because they may not be able to borrow money from any other source.
What Is Peer-to-Peer (P2P) Lending?The P2P lending service is also known as “social lending” or “crowd lending. This is a form of financial technology that allows people to lend or borrow money from one another without going through a bank.
Furthermore, the service enables individuals to obtain loans directly from other individuals while cutting out the financial institution as the middleman. Now, the websites that facilitate P2P lending have greatly increased its adoption as an alternative method of financing.
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You decide to decrease the price of your product to increase total sales revenue, because you believe your product's demand is
A) perfectly inelastic
B) unit elastic
C) price elastic
D) price inelastic
Answer:
C) price elastic.
Explanation:
Paying off your debts will most likely____ your credit score.
A. decrease
B. increase
C. ruin
D. not impact
Answer:
increase
Explanation:
In the project initiation phase, which document contains high-level details of the proposed project? A. project plan B. project proposal C. business justification D. proposal summar
In the project initiation phase, the project proposal is known to contains high-level details of the proposed project.
What is a project proposal?This is a project document that is known to carry all of the details that the project is supposed to have.
The proposal is known to have an outline of all that the stakeholders need to know about the work that is to be done.
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Answer:
The answer is B. project proposal
Explanation:
A firm's marketing mix consists of 4 major components, which are generally referred to as the four
The major marketing mix elements of any firm is a product, price, place, and promotion.
What is the importance of marketing mix?The marketing mix elements place a significant role in the success of any firm. It helps to determine the offered services to the customers and helps them to educate them about what unique services are offered.
These four elements include Product, Price, place, and promotion which help in targeting the intended audience by making the best appropriate strategies that help to cater to them and persuade them to buy and increase sales.
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a. Determine the average rate of return for a project that is estimated to yield total income of $570,720 over six years, has a cost of $603,500, and has a $52,500 residual value. Round to the nearest whole number.
%
b. A project has estimated annual net cash flows of $30,000. It is estimated to cost $123,000.
Determine the cash payback period. Round your answer to one decimal place.
years
The Average rate of return is 35%.
The cash payback period is 4.10 years.
What is the average rate of return?Average rate of return is a capital budgeting method. It is used to determine if a firm should invest in a project or should not invest in a project
Average rate of return = average net income / average cost of investment
average net income =$570,720 / 6 = $95,120
Average cost of investment =( beginning book value of the investment - ending book value of the investment) / 2
(603,500 - 52,500) / 2 = $275,500
Average rate of return = ($95,120 / $275,500) x 100 = 35%
What is the cash payback period?Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows
Payback period = Amount invested / cash flow
Payback period = 123,000 / 30,000 = 4.10 years
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LA Company has a beginning cash balance of $6,000, cash receipts of $12,000, cash payments of $7,200 and an outstanding loan balance of $1,500. Their preliminary cash balance is $
Based on the information given their preliminary cash balance is $9,300.
Preliminary cash balanceUsing this formula
Preliminary cash balance= Beginning cash balance + cash receipts- cash payment -outstanding loan balance
Let plug in the formula
Preliminary cash balance=$6,000+$12,000-$7,200-$1,500
Preliminary cash balance=$9,300
Inconclusion their preliminary cash balance is $9,300.
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Answer:
10800
Explanation:
What is one of the primary concerns of socially responsible consumers?
A. Customer service
B. Low price
C. Socialism
D. Sustainability
One of the primary concerns of socially responsible consumers is sustainability.
Who is a socially responsible consumer?A socially responsible consumer is a consumer who cares about the social impact that the products he buys have on the world around him.
It is to be noted that socially responsible consumers avoid products that they think harm society. Instead, they buy goods and services from companies that they believe do a better job of taking care of the world.
Hence, One of the primary concerns of socially responsible consumers is sustainability.
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