An indirect cost is a cost that cannot be easily and conveniently traced to a cost object.

a. True
b. False

Crocker Corporation's statement of stockholders' equity for December 31, 2016 is as follows:

Stockholders' Equity

Contributed capital: $315,000

Add: Issuance of additional stock for cash proceeds $135,000

Total contributed capital: $450,000

Retained earnings: $135,000

Add: Net income for 2016: $225,000

Subtotal: $360,000

Less: Cash dividends paid to shareholders: ($112,500)

Total retained earnings: $247,500

Total stockholders' equity: $697,500

Explanation:

- At the beginning of 2016, Crocker Corporation had contributed capital of $315,000 and retained earnings of $135,000, for a total stockholders' equity of $450,000.

- During 2016, Crocker issued additional stock for $135,000 in cash, which increased the total contributed capital to $450,000 + $135,000 = $585,000.

- Crocker reported net income of $225,000 for 2016, which increased the retained earnings to $135,000 + $225,000 = $360,000.

- Crocker paid $112,500 in cash dividends to shareholders, which reduced the retained earnings to $360,000 - $112,500 = $247,500.

- The total stockholders' equity for Crocker Corporation at December 31, 2016 is the sum of the total contributed capital and total retained earnings, which is $585,000 + $247,500 = $697,500.

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I personally prefer to use cash for business and economic transactions. I find that it provides a sense of security as I am able to physically see and hold the money, which makes it easier to keep track of my spending. Cash also allows me to have more control over my finances and helps me stick to a budget, as I can physically see how much money I have left. Additionally, using cash avoids the potential risks of identity theft or fraud that come with using electronic methods of payment such as debit cards. Overall, for me, cash provides a more reliable and secure way of conducting business and economic transactions.

If I were lucky enough to win the Powerball jackpot, I would consider the following three criteria when deciding whether to take a lump sum or an annuity:

My financial goals: I would consider whether I have any specific financial goals that I want to achieve with the money, such as paying off debt, investing in a business, or securing my retirement. If I have long-term financial goals that will require a consistent stream of income, I may opt for the annuity to ensure that I have a reliable source of funds.

My age and life expectancy: I would also consider my age and life expectancy when making this decision. If I am young and have a long life expectancy, I may opt for the annuity so that I can receive a steady stream of income for a longer period of time. On the other hand, if I am older or have a shorter life expectancy, I may opt for the lump sum so that I can receive the full value of the prize upfront.

My risk tolerance: Finally, I would consider my risk tolerance when making this decision. If I am comfortable with taking on risk and feel confident in my ability to invest the lump sum wisely, I may opt for the lump sum. However, if I am more risk-averse and prefer a more predictable stream of income, I may opt for the annuity.

Ultimately, the decision between a lump sum and an annuity will depend on an individual's specific financial situation and priorities. It's important to carefully weigh the pros and cons of each option and seek the advice of a financial advisor or professional before making a decision.

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The largest Powerball jackpot winner to date is Gloria MacKenzie, who won a reported $590.5 million in May 2013. She bought the winning ticket at a grocery store in Florida when another customer waiting to buy a ticket let her jump the line. The Powerball lottery is jointly played in 45 states, and the overall odds of winning the Powerball jackpot are about 1 in 175 million, according to the Multi-State Lottery Association. If you win the jackpot, one of the first choices you must make is whether to take your winnings in a single lump sum or to spread them out in annual installments over 30 years. Perhaps because MacKenzie was 84 years old and did not expect that she would still be around to collect her winnings at 114, she opted to take the lump sum cash payout. It turns out that holding the golden ticket did not entitle Ms. MacKenzie to $590.5 million. The prize is actually a growing annuity, which means that the payout rises each year (in this case by 4 percent to keep up with expected inflation) to equal $590.5 million spread over 30 years. If a winner selects the lump sum, she gets only the present value of the growing annuity. Ms. MacKenzie does not appear to have been outraged at being “shortchanged,” despite the fact that she received only $371 million—63 percent of the advertised prize. If the discount rate had been higher (it was approximately 3 percent), her lump sum would have been even less. If she had chosen the annuity, she would have received $10.5 million in the first year, but almost $33 million in the final year. Deciding which option to take in these circumstances is complicated. If you win the Powerball grand prize, contact your finance instructor for advice. You will probably discover that you are remembered as his or her favorite student.

imagine that you won the powerball. your lump sum jackpot ended up being $437 million! if you are going to follow the suggestions from the text on spending your winnings, which of the following should you not do?

Answer:

Here is 6 ways

Explanation:

1. Set up ways to communicate with your customers

2. Provide extra perks for your most loyal customers

3. Consider different payment plans

4. Provide great customer service

5. Don’t rely too much on technology

6. Offer a head start

Answ er:

Explanat ion:

Photography refers to the art, application, and practice of capturing or creating images by recording light, either electronically by means of an image sensor, or chemically by means of a light-sensitive material such as photographic film.

Below you can read more about the comparism between colored and Black and white photography.

As earlier explained, photography basically involve capturing light, white black and white photography does not capture all the spectrums of light, colored photography captures all the light spectrum and may even enhance them for better visualization.

It is important to note that colored photography is an upgrade from black and white photography. While some people may consider black and white a colour, they are basically shades.

Colour in a photograph enhances the visualization of a photograph. It fact, color helps in bringing out the reality in a photograph because it enhances the information trapped in a photograph.

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To calculate the gain on disposal of assets, you need to use the following formula:

Gain on disposal = Proceeds from disposal - Carrying amount of the asset (i.e. Cost of the asset - Accumulated depreciation)When an asset is sold, the company receives cash which is known as the proceeds from disposal.

The carrying amount of the asset represents the historical cost of the asset less accumulated depreciation on the asset over its useful life.

Suppose a company sells a machine for $20,000. The original cost of the machine was $30,000, and its accumulated depreciation is $10,000. Then, the gain on disposal of the machine will be:Gain on disposal = $20,000 - ($30,000 - $10,000) = $20,000 - $20,000 = $0

Therefore, in this case, there is no gain or loss on the disposal of the machine.

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Alex has been transferred to the company's branch in Zambia. His salary has been increased by 20% to be compensated for living in an area with a lower quality of life or less safety. The 20% increase in salary can be viewed as a(n) Hardship Premium Option C

Generally, Hardship Premium is an additional payment that is given to employees who have faced significant difficulty in their work or personal life which has affected their performance.

This payment is intended to provide financial relief or assistance to an employee who has had to endure difficult circumstances. It is meant to help them get back on their feet and cope with the situation.

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The 20 % increase that Alex saw in his salary is to be viewed as a c. hardship premium

A hardship premium is an additional payment made to an employee in recognition of the difficulty or unpleasantness of their working conditions, beyond the standard pay for their job.

It is intended to provide financial compensation for work that is especially challenging or demanding, such as working in extreme temperatures, hazardous environments, or under physically or emotionally taxing conditions.This is why Alex's salary was increased.

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An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.

Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.

Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.

This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions

5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:

The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:

The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.

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A is the correct awnser

The options that are pre-award considerations that impact post-award subcontracting compliance management are:

1)Will advance notification and consent to subcontract be required?

3)Will the contract be set aside for one of the small business socioeconomic categories?

4)Will the contract include government property?

Subcontract management, when correctly implemented, encourages uniformity in the administration of subcontracts across functions, reduces risk to the business and contract, and can boost profitability.

The process of hiring and supervising subcontractors on behalf of a customer is known as subcontractor management. General contractors are accountable for this in construction.

Respect for the standards and guidelines established in a contract is referred to as contract compliance. This frequently entails periodic inspections of an existing contract to look for deviations and assess compliance with compliance rules and standards.

Therefore, The process of making sure people and operations at all levels of the business abide by rules, regulations, and specifications is known as compliance management. Governments, industry groups, regulatory agencies, and employee unions are just a few of the many organizations that set requirements.

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Which the following are pre-award considerations that impact post-award subcontracting compliance management?) (Select three that apply)

1)Will advance notification and consent to subcontract be required?

2) Will the prime contractor be required to attend the post-award orientation conference?

3)Will the contract be set aside for one of the small business socioeconomic categories?

4)Will the contract include government property?

The correct order from high risk to low risk is: D) 4, 1, 2, 3 where trade payables are the lowest-risk creditors, followed by ordinary share capital, preference share capital, and bank loans with fixed and floating charges being the highest-risk creditors.

Bank loans are a common form of debt financing provided by financial institutions such as banks to individuals and businesses.

The terms and conditions of bank loans can vary depending on the lender and the borrower's creditworthiness, but typically include an interest rate, repayment schedule, and collateral or security requirements.

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Answer:

On emails you could be introduced to virus's that can enter your computer! Which is why most people fo not open emails from random strangers.

Explanation:

not sure if this is the answer you're looking for, but hope it helps!

Answer:

In 2015, an accounting gimmick gave Ireland a 26% growth rate in GDP. What does this event reflect about the nature of GDP?

Click card to see definition

If the measurement of economic activity evolves, GDP can change.

Explanation:

Based on the weakened conditions of a currency exchange against the U.S. Dollar between 2008 and 2018, it would be advisable for Allison to go on a vacation for visiting Buckingham Palace in the United Kingdom.

A currency exchange can be referred to or considered as the rate at which the currency of one country compares with the currency of any other country. U.S. Dollar is currently the strongest currency in the world.

When a comparison between the currencies like the American Dollar and Euros is done, it is found that there is a degrowth in the value of Euros against the dollars, and thus, vacation in such country will be cheaper for Allison to visit to.

Therefore, the significance regarding currency exchange has been aforementioned.

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That would maximize industry profits because when they increase output the price effect is spread across multiple firms.

Who are oligopolists?

There are just a few businesses in an oligopoly market structure, and none of them can stop the others from having a significant influence. The concentration ratio is used to determine the market share of the largest corporations.

A monopoly market has only one producer, a duopoly market has two companies, and an oligopoly market has three or more companies. Unknown is the maximum number of firms that may exist in an oligopoly, but it must be few enough for each firm's operations to significantly affect those of the others.

Oligopolies have occurred in the past in a variety of industries, including steel, oil, railroads, tires, grocery store chains, and telecommunications.

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Explanation:

Micro Environnement : Difficult employees

lack of visions and mission

lack of adequate management skills

Market : Competition

Shortage of supply

Macro : Change in income levels

labour restrictions

The challenges of the Micro environment are

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Total cost of direct materials purchases is $4540.

Prepare direct material budget for January :

Budgeted production (units)                          400

raw material per unit                                         5

Materials needed for production (lbs.)                 2000

Add: Desired ending inventory (200*5*40%) 400

Total materials requirement (lbs.)                         2400

Less: Beginning inventory                               (130)

Materials to be purchased (lbs.)                         2270

Rate per pound                                                  2

Total cost of direct material purchases           4540

In economics, demand is the amount of a very good that customers are inclined and capable of buy at diverse charges at some stage in a given time. the relationship amongst price and quantity call for is likewise called the call for curve.

call for is the customer's preference to buy a specific right or service. marketplace call for is the call for for a particular unique in the marketplace. combination name for is the overall call for for gadgets and services in the financial machine. demand and supply in shape determines the price of the pleasant or provider. information the concept of name for.

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Answer:

D

Explaination:

because

In an episodic model of conflict, The conflict is exposed by something, and the cycle repeats with the subsequent conflict incident.

There are four levels: intrapersonal (inside an individual), interpersonal (between two parties), intergroup (between groups), and interorganizational (between organisations) (inter-organizational conflict).

In order to aid in the recovery of episodic memory, emotional, semantic understanding, olfactory, auditory, and visual aspects might serve as cues or contextual information. You may, for instance, use the colour of a sign you parked next to or the structure's floor to help you remember where you parked your car.

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An employee's compensation includes basic pay, performance-based pay, incentives, stock options, and bonuses - This is the correct answer, as these are all elements of a compensation package.

Compensation is the financial remuneration given to employees in exchange for services rendered. It can take many different forms, including wages, salaries, bonuses, commissions, and other forms of non-monetary benefits. Compensation is typically based on the level of responsibility, job performance, and market conditions.

Compensation includes insurance, and retirement programs - This is not the correct answer, as these are not elements of a compensation package, but rather benefits that are typically offered in addition to the compensation package.

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Answer:

one sec i can help

Explanation:

They align your goals to the direction in which you want to go.

The income tax expense is $120k

The DTA year-end balance is $10k

The DTL year-end balance is $40k

The origination amount for the future deductible amount is $15k, and the reversing amount is also $15k.

1. To calculate the income tax expense, we need to first calculate the taxable income.

Taxable Income = $400k

Tax rate = 30%

Income tax expense = Taxable Income * Tax rate

Income tax expense = $400k * 30% = $120k

2. The DTA (Deferred Tax Asset) year-end balance can be calculated as follows:

Beginning Balance DTA = $10k

Future deductible amounts = $50k

Origination amount for the deductible amount = $50k * 30% = $15k

Reversing amount for the deductible amount = $15k

DTA year-end balance = Beginning Balance DTA + Origination amount - Reversing amount

DTA year-end balance = $10k + $15k - $15k = $10k

3. The DTL (Deferred Tax Liability) year-end balance can be calculated as follows:

Beginning Balance DTL = $40k

Future taxable amounts = $30k

Origination amount for the taxable amount = $30k * 30% = $9k

Reversing amount for the taxable amount = $9k

DTL year-end balance = Beginning Balance DTL + Origination amount - Reversing amount

DTL year-end balance = $40k + $9k - $9k = $40k

4. The originating/reversing amount for the future taxable amount and the future deductible amount of the current year have already been calculated in questions 2 and 3. The origination amount for the future taxable amount is $9k, and the reversing amount is also $9k. The origination amount for the future deductible amount is $15k, and the reversing amount is also $15k.

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Answer:

Missing word "2. What is the total sunk cost regarding the decision to buy the model 200 machine rather than the model 300 machine? 3. What is the total opportunity cost regarding the decision to invest in the model 200 machine?"

1. Differential cost of buying model 200 machine = Cost of model 200 machine - Cost of model 300 machine

= $342,000 - $373,650

= -$31,650

We'll have a savings of $31,650 if model 200 is purchased rather than model 300

2. $383,000 (The Cost of existing machine). Note:  $383,000 is a sunk cost since it has already been incurred.

3. Opportunity cost is the total return of the project if the money was invested elsewhere. The Opportunity cost of investing in model 200 machine is $445,600 (Returns from the alternate project)

The Preparing Adjusted Trial Balance with the help of Worksheet: is given below:

Solutions Company

Worksheet

December 31

Accounts Unadjusted Trial Balance Adjusting Entries Adjusted Trial Balance

Debit Credit Debit Credit Debit Credit

Cash $20,000    $20,000

Accounts Receivable 0  $2,450  2,450

Supplies 7,600   $4,150 3,450

Machinery 50,000    50,000

Accumulated Depreciation  $20,000  3,800  $23,800

Accounts Payable  0    0

Interest Payable  0  800  800

Salaries Payable  0  400  400

Unearned Rental Fees  7,200 4,000   3,200

Note Payable  30,000    30,000

Common Stock  10,000    10,000

Dividends 9,500   9,500

Retained Earnings  14,200    14,200

Rental Fees  32,450  6,450  38,900

Salaries Expense 24,500  400  24,900

Interest Expense 2,250  800  3,050

Supplies Expense 0  4,150  4,150

Depreciation Expense 0  3,800  3,800

Totals $113,850 $113,850 $15,600 $15,600 $121,300 $121,300

Preparing Income Statement:-

Solutions Company

Income Statement

For the Year Ended December 31

Accounts Amount Amount

Revenue:-  

Rental Fees $38,900

Total Revenue  $38,900

Expenses:-  

Salaries Expense $24,900

Interest Expense 3,050

Supplies Expense 4,150

Depreciation Expense 3,800

Total Expenses  ($35,900)

Net Income  $3,000

Preparing Statement of Retained Earnings:-

Solutions Company

Statement of Retained Earnings

For the Year Ended December 31

Accounts Amount

Retained Earnings 14,200

Net Income 3,000

$17,200

Dividends (9,500)

Retained Earnings, Ending $7,700

Preparing Balance Sheet:-

Solutions Company

Balance Sheet

December 31

Accounts Amount Amount

Assets:-  

Cash $20,000

Accounts Receivable 2,450

Supplies 3,450

Machinery 50,000

Accumulated Depreciation (23,800)

Total Assets  $52,100

Liabilities:-  

Accounts Payable $0

Interest Payable 800

Salaries Payable 400

Unearned Rental Fees 3,200

Note Payable 30,000

Total Liabilities  $34,400

Stockholders Equity:-  

Common Stock $10,000

Retained Earnings, Ending 7,700

Total Stockholders Equity  $17,700

Total Liabilities and Stockholders Equity  $52,100

Preparing Closing Entries:-

Solutions Company

General Journal

December 31

Date Accounts Title and Explanation Debit Credit

December 31 Rental Fees $38,900

Income Summary  $38,900

(To close Revenue Account)  

December 31 Income Summary $35,900

Salaries Expense  $24,900

Interest Expense  $3,050

Supplies Expense  $4,150

Depreciation Expense  $3,800

(To close Expenses Accounts)  

December 31 Income Summary $3,000

Retained Earnings  $3,000

(To close Income Summary)  

December 31 Retained Earnings $9,500

Dividends  $9,500

(To close Dividends Account)

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Answer:

[D] receives the provider remittance notice

Explanation:

A beneficiary is the person or entity that you legally designate to receive the benefits from your financial products.