Balance sheet information for Pawn Company and its 90%-owned subsidiary, Sox Corporation, at December 31, 20X1, is summarized as follows:
Pawn Sox
Current assets-net $200,000 $50,000
Property, plant, and equipment-net 1,000,000 600,000
Investment in Sox 558,000
$1,758,000 $650,000
Current liabilities $100,000 $30,000
Capital stock 800,000 400,000
Retained earnings 858,000 220,000
$1,758,000 $650,000
Pawn acquired its interest in S for cash when S's assets and liabilities were smaller than their fair values. The consolidated balance sheet of P and S at December 31, 20X1 will show:
a. non-controlling interest, $65,000
b capital stock, $800,000
c. investment in Sioux, $558,000
d. retained earnings, $1,078,000
Answers
Answer:
b. capital stock, $800,000
Explanation:
a. Non-controlling interest, $65,000 is incorrect
Reason: The Non-controlling interest would be 10% of the net assets
Net assets = 650,000 - 30,000 =620,000
The Non-controlling interest would be 10% of the net assets
= $620,000 *10% = $62,000
b. b capital stock, $800,000 is Correct
Company will show the capital stock as $800,000 in the consolidated balance sheet. In consolidated financial statements of any company, the amount will be reflected for the equity that with the outside shareholders, and in other company share purchased are not shown under the capital stock account
c. investment in Sioux, $558,000 is incorrect
Reason: investment in Sioux will not be shown in the consolidated balance sheet and will be eliminated in consolidation
d. Retained earnings, $1,078,000 - Incorrect
Reason: Retained earning as summarized in the Balance sheet carry the value of $1,758,000 + $650,000
Related Questions
Hunter has just completed his first year of operation as a sole proprietor of a successful sporting goods store. There were
challenges but he was excited about getting to keep all the profits of the venture to himself.
A) Advantage of a sole proprietorship
B)Disadvantage of a sole proprietorship
Answers
Some of the advantages and disadvantages of sole proprietorship include:
Advantage - keep all the profits Disadvantage - personally liable for any debtsWhat are the advantages and disadvantages of sole proprietorship?One of the advantages of a sole proprietorship is that the business owner gets to keep all the profits of the business for themselves. This is because the owner has complete control over the business and is not required to share the profits with any other partners or shareholders.
One of the disadvantages of a sole proprietorship is that the business owner is personally liable for any debts or legal issues that arise in the course of business.
Find out more on sole proprietorship at https://brainly.com/question/16718554
#SPJ1
Hershel Greene has the right under a contract with Runway Retail, Inc., to buy the retailer’s clothing overstock. Hershel's sale of this right to Sade’s Style House is
Answers
Hershel's sale of this right is b. an assignment.
In an assignment:
an assignor transfers a contractual right to some other party the other party is called the assignee the assignee has the power to enforce the contractual rights that the assignor had.Hershel is the assignor in this scenario as they transferred rights they had on Runway Retail Inc. by means of a sale. Sade is therefore the assignee here because they received these rights.
In conclusion, this is an assignment because it has the features of an assignment.
Find out more at https://brainly.com/question/14669727.
Options for this question include:
a. a delegation.
b. an assignment.
c. prohibited.
d. a third-party beneficiary contract.
A customer purchased some goods on credit from Stears Corp. The customer then returned $750 worth of goods to the company because he found them to be defective. What will the contra revenue journal entry by the accountant be? A. Customer Account (debit) 750; Sales Return Account (credit) 750 B. Sales Return Account (debit) 750; Customer Account (credit) 750 C. Sales Return Account (debit) 750; Sales Account (credit) 750 D. Sales Account (debit) 750; Sales Return Account (credit) 750 E. Sales Return Account (debit) 750; Cash Account (credit) 750
Answers
Answer: I went with A I'm not confident in it thou
Explanation:
This morning I ordered my standard coffee refill from the Global Cafe for $1.09 (it is a lot cheaper if you are bringing your own cup). Before tax, a Venti Carmel Machiatto cost $4.95. Let's call the difference between the two $4. Assume that you buy coffees every week during the 52 week year. If you drop down from the Carmel Machiatto to a basic coffee, save $4 each time, and invest that $4 in an account that returns 6% per year, how much will you have in your account after 40 years? Do this on a monthly basis ($4 * 5 * 4 = $80) and use an interest rate of 6%/12 = 0.5% per month. Does this make you think twice about that expensive Carmel Machiatto calorie bomb?
Answers
Answer: $159,319.26
Explanation:
The monthly contribution of $80 is constant so this is an annuity. As we are to find the value after 40 years, this is a future value calculation.
No. of periods = 40 years * 12 months = 480 months
Interest = 0.5%
\(Future Value of Annuity = Contribution * \frac{[(1 + r)^{n} - 1]}{r} \\\\= 80 * \frac{[(1 + 0.005)^{480} - 1]}{0.005}\\\\= 159,319.2587\)
= $159,319.26
I think savings that add up to $159,319.26 will make most people think twice about the expensive Carmel Machiatto calorie bomb.
Describe the process you will use to manage your career readiness.
Answers
Answer:
My career is my Very own Butt
Does a depression always follow a recession?
Yes, the trough is always considered a depression.
No, a depression is indicated when the recession is exceptionally long.
Yes, for recovery to occur, the trough must be reached.
No, the economy could decline quickly and bypass recession.
Answers
Answer: No, a depression is indicated when the recession is exceptionally long.
Explanation:
Explain I don’t know js copied
4. Labour Institutions Act(10MKS)
Outline five reasons that may make it necessary for a government to regulate wages of
employees in the country.
Answers
Answer:
Reduce discrimination. Reduce exploitation. Reduce inequality/ poverty. Increase productivity. Economic growth.Explanation:
It is necessary for the government to regulate wages because some companies might take advantage of little regulation to get away with many unjust and unethical actions as they chase profits or due to personal bias.
Without government regulation, there would be wage disparity between races and genders so regulation reduces that. Exploitation will also be reduced because companies will not take advantage of unemployment rates to make workers overwork themselves to keep their jobs.
Regulated wages will reduce inequality in social classes as well as poverty rates as people will be paid closer to what they deserve.
Regulated wages will also lead to improved productivity as people will be more encouraged when they are working knowing they are getting paid appropriately so they will work harder.
With people being paid appropriately, they will be able to afford more goods and invest more savings which will lead to growth in the economy.
Precision Systems manufactures CD burners and currently sells 18,500 units annually to producers of laptop computers. Jay Wilson, president of the company, anticipates a 15 percent increase in the cost per unit of direct labor on January 1 of next year. He expects all other costs and expenses to remain unchanged. Wilson has asked you to assist him in developing the information he needs to formulate a reasonable product strategy for next year.
You are satisfied that volume is the primary factor affecting costs and expenses and have separated the semivariable costs into their fixed and variable segments. Beginning and ending inventories remain at a level of 1,000 units. Current plant capacity is 20,000 units. The following are the current-year data assembled for your analysis.
Sales price per unit $100
Variable costs per unit:
Direct materials $10
Direct labor $20
Manufacturing overhead and selling and administrative expenses 30 60
Contribution margin per unit (40%) $40
Fixed costs $390,000
Required:
a. What increase in the selling price is necessary to cover the 15 percent increase in direct labor cost and still maintain the current contribution margin ratio of 40 percent?
b. How many units must be sold to maintain the current operating income of $350,000 if the sales price remains at $100 and the 15 percent wage increase goes into effect?
c. Wilson believes that an additional $700,000 of machinery (to be depreciated at 20 percent annually) will increase present capacity (20,000 units) by 25 percent. If all units produced can be sold at the present price of $100 per unit and the wage increase goes into effect, how would the estimated operating income before capacity is increased compare with the estimated operating income after capacity is increased? Prepare schedules of estimated operating income at full capacity before and after the expansion.
Answers
a. An increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.
b.The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The required sales volume is 18,500 units.
c. The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units
a. To maintain the current contribution margin ratio of 40 percent, the selling price per unit needs to be increased by 20 percent [(15 percent wage increase) / (current contribution margin ratio)].
Therefore, an increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.
b. To maintain the current operating income of $350,000, the number of units that must be sold can be calculated using the contribution margin ratio.
The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The formula for calculating the required sales volume is:
(Number of units) = (Fixed costs + Desired operating income) / Contribution margin per unit
Plugging in the values, we have:
(Number of units) = ($390,000 + $350,000) / $40 = 18,500 units
c. Before the capacity expansion, the estimated operating income can be calculated using the current production and sales volume of 18,500 units.
The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units.
The schedules of estimated operating income at full capacity before and after the expansion can be prepared by multiplying the respective sales volumes with the contribution margin per unit and subtracting the fixed costs and the wage increase.
for such more questions on margin
https://brainly.com/question/9797559
#SPJ8
Which task is most suitable for creating an algorithm?
saving time writing a report
explaining how to set up a mobile phone for use
choosing photos to put on a website
finding the best of three suggested routes to drive to a concert
Answers
Answer:
finding the best of three suggested routes to drive to a concert
Answer:
D. finding the best of three suggested routes to drive to a concert
Explanation:
thank the other person :)
Reggie, who is 55, had AGI of $35,200 in 2022. During the year, he paid the following medical expenses:
Drugs (prescribed by physicians)
Marijuana (prescribed by physicians)
Health insurance premiums-after taxes
Doctors' fees
Eyeglasses
Over-the-counter drugs
$ 570
1,470
1,280
1,320
445
270
Required:
Reggie received $570 in 2022 for a portion of the doctors' fees from his insurance. What is Reggie's medical expense deduction?
Answers
Reggie's medical expense deduction is $7,276.
AGI, or adjusted gross income, is a person's total income minus certain deductions and is used to calculate taxable income.
Reggie, who is 55 years old, had an AGI of $35,200 in 2022. During the year, he incurred the following medical expenses:
Drugs (prescribed by physicians): $5,701
Marijuana (prescribed by physicians): $1,470
Health insurance premiums-after taxes: $1,280
Doctors' fees: $1,320
Eyeglasses: $445
Over-the-counter drugs: $270
Reggie was reimbursed $570 by his insurance company for a portion of the doctors' fees. To calculate his medical expense deduction, we first need to subtract any reimbursements from his total medical expenses.
Total medical expenses: $5,701 + $1,470 + $1,280 + $1,320 + $445 + $270 = $10,486
Reimbursements: $570
Medical expenses after reimbursements: $10,486 - $570 = $9,916
To claim a medical expense deduction, the expenses must exceed a certain percentage of AGI, which varies depending on the taxpayer's age. For taxpayers who are 65 or younger, the threshold is 7.5% of AGI. For taxpayers who are over 65, the threshold is 7%.
Since Reggie is 55 years old, the threshold is 7.5% of his AGI or $35,200 x 0.075 = $2,640.
Therefore, Reggie can deduct the portion of his medical expenses that exceed $2,640.
Amount of medical expenses that exceed the threshold: $9,916 - $2,640 = $7,276
Therefore, Reggie's medical expense deduction is $7,276.
Know more about Adjusted gross income here:
https://brainly.com/question/31249839
#SPJ8
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?
Answers
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.
Read more about income statement here:
https://brainly.com/question/28936505
#SPJ1
explain a systematic process that mattek could apply to analyse its supply chain
.
Answers
In supply chain enviornment, there is proper management of goods provide to customer
The term "natural environment" or "natural world" refers to all naturally occurring, that is, unmanmade, living and non-living phenomena. The phrase is most frequently used to refer to the Earth or specific regions of the Earth. This environment includes how all living things interact with one another as well as the climate, weather, and natural resources that have an impact on human survival and economic activities. Following are some components that make up the idea of the natural environment: Ecologically complete units that include all flora, microbes, soil, rocks, atmosphere, natural occurrences that take place within their bounds, and their nature. These ecological units function as natural systems without significant human interference. Energy, radiation, electric charge, and magnetism are universal natural resources and physical phenomena that don't have distinct borders, such as air, water, and climate. They also don't come from civilized humans.
learn more about environment:
https://brainly.com/question/13107711
#SPJ9
Write a 1-page memo to the CEO. Include each chart (3) and a paragraph per chart. Each paragraph should explain the story of each visualization and explain why visualizations are important.
STEP 2
Income CATEGORIES PERCENTAGE NUMBER
$100,000 to $124,999 8% 2
$125,000 to $149,999 4% 1
$20,000 to $24,999 4% 1
$25,000 to $34,999 29% 7
$35,000 to $49,999 13% 3
$50,000 to $74,999 17% 4
$75,000 to $99,999 21% 5
Decline to answer 4% 1
24
STEP 3
GENDER PERCENTAGE NUMBER
Female 54% 13
Male 46% 11
24
STEP 4
QUESTION RESPONSES PERCENTAGE NUMBER
0 6% 1
2 11% 2
5 28% 5
6 11% 2
7 17% 3
8 11% 2
9 6% 1
10 11% 2
18
Answers
Answer:
[Your Name]
[Your Position]
[Date]
Subject: Insights from our Survey - A Window into the Lives of our Valued Customers
Dear [CEO's Name],
I hope this message finds you well. I wanted to take a moment to share some fascinating insights from the recent survey we conducted among our cherished customer base. To make the data more relatable and easier to grasp, I have transformed the findings into a series of engaging visualizations. These visuals not only bring the data to life but also allow us to truly connect with our customers on a human level. Let's dive into the story behind each visualization and explore why these visual representations are crucial in understanding our customers.
Chart 1: Income Categories - Reflecting the Lives of our Customers
This insightful chart provides a glimpse into the diverse income categories of our survey respondents. As you observe the bars rise and fall, you can visualize the financial landscapes our customers navigate. From the bustling middle-income group, representing 29% of respondents, to the resilient individuals in the $75,000 to $99,999 range, accounting for 21% of participants, we gain an intimate understanding of the financial tapestry that influences their decisions.
By presenting this information in such a humanized manner, we can empathize with the varying needs and aspirations of our customers. This visualization guides us in tailoring our products and services to better address the unique challenges and aspirations of each income segment.
Chart 2: Gender Distribution - Celebrating Diversity and Inclusion
This delightful pie chart celebrates the diversity among our survey participants by highlighting their gender identities. As you glance at the vibrant slices, you witness the vibrant mosaic of our customer base. With 54% of respondents identifying as female and 46% as male, we recognize the importance of inclusivity and strive to ensure our products and services cater to the needs and desires of all genders.
Visualizations like this one allow us to see the human faces behind the data. It reminds us to embrace diversity and equality in our business operations, ensuring that every customer feels heard and valued.
Chart 3: Question Responses - Unveiling Our Customers' Voices
Within this insightful bar chart, we uncover the authentic voices of our customers through their responses to a specific question. The bars rise and fall, revealing the choices they made and their preferences. The most popular response, "5," chosen by 28% of participants, demonstrates the collective sentiment that echoes among our customers. As we observe the varying heights of each bar, we gain a deeper understanding of their thoughts and desires.
Visualizations like this empower us to hear our customers' voices loud and clear. By listening attentively to their responses, we can make informed decisions that resonate with their needs, aspirations, and desires.
In summary, these captivating visualizations humanize our survey data, enabling us to truly connect with our customers and gain invaluable insights. By considering the stories behind each chart, we ensure that our strategies, products, and services align with their lived experiences. Together, we can build lasting relationships, foster inclusivity, and deliver the exceptional experiences our customers deserve.
Thank you for your time and attention. Should you have any questions or require further information, please don't hesitate to reach out.
Warm regards,
[Your Name]
[Your Position]
Explanation:
The next dividend payment by Hoffman, Inc., will be $2.90 per share. The dividends are anticipated to maintain a growth rate of 4.75 percent forever. If the stock currently sells for $49.40 per share, what is the required return? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answers
Answer:
10.6%
Explanation:
Calculation for the required return
Using this formula
Required return=(Dividend payment/Stock per share)+Anticipated growth rate
Let plug in the formula
Required return =($2.90 per share/$49.40 per share)+0.0475
Required return=0.05870+0.0475
Required return =0.106*100
Required return =10.6%
Therefore the Required return will be 10.6%
1. Why is running a Website typically lesa
expensive than running a storefront business?
Answers
Answer:
storefront businesses mean electricity bills, water bills, employee payments, while a website you usually pay one fee and get paid.
When writing goals, it is helpful to remember the acronym SMART. Different people associate different words with each of the letters in the SMART acronym, but for the purposes of this problem, SMART means that effective goals are:
1. Specific. A good goal defines exactly what you expect to accomplish. When your goals are specific, the behaviors required to accomplish them are clear. Many people say that they want to recycle to save the environment, but a better goal would be "Place every used bottle or can in a recycling container within five minutes of finishing its contents."
2. Measurable. You can measure the outcomes of a good goal. When you measure how much of a goal you have attained, you get feedback on your work. For example, compare the goal "I want to be skinny" with "I want to lose 10 pounds by the end of the month." How can you measure skinny? But by measuring the pounds you have lost so far, you know exactly how close you are to meeting your goal.
3. Attainable. Good goals are hard to reach, but not impossible. If a goal is too easy, you will not have to work hard to attain it, and your overall performance will not improve. If a goal is too hard, you will be discouraged from attempting to reach it. One way of making sure that goals are attainable is to break larger, difficult goals into smaller, more easily accomplished subgoals.
4. Result-oriented. A good goal contains only one outcome or accomplishment. If you combine two or more outcomes in one goal, it will be difficult to decide where to focus your attention. For example, "To increase produce sales by 3% and to achieve a 5% market share" is a less effective goal than "To increase produce sales by 3%."
5. Time-bound. Good goals specify precisely when you will meet them. Doing so provides you with a deadline for your actions. For example, it is easy to say "I want to be a millionaire." but you are more likely to accomplish that goal if you say "I will have a million dollars in a bank account by January 1, 2020."
Using your knowledge of SMART goals, select the best goal. After the new product is released, I will hire some new salespeople.
a. I will hire three new salespeople prior to our next product release.
b. I will hire three new salespeople soon.
c. I will hire some salespeople to help with the new product release.
Answers
Answer:
a. I will hire three new salespeople prior to our next product release.
Explanation:
Smart goals are specific, measurable, attainable, result oriented and time bound. When a new product is released, new sales person will help boost sales of the product. The sales person will inform customers about the new product features and specifications. The customers will be able to choose the product based on their preference.
What is one benefit of buying bonds?
Answers
Answer:
The benefit of buying bonds is to get people out of jail,or for use of other purposes such as a car bond or just a normal bond .A bond is like a loan basically.
Elasticity and hotel rooms. If average household increases by 20% from 50000 to 60000 per year the quantity of rooms demaned at the rivers motel
Answers
Answer:
The theory of elasticity of demand is based on the concept of marginal utility, which is the additional satisfaction or benefit that a consumer derives from consuming one more unit of a good or service. When the marginal utility of a good or service is high, the demand for it is considered to be elastic, meaning that small changes in price or income can lead to large changes in the quantity demanded. Conversely, when the marginal utility of a good or service is low, the demand for it is considered to be inelastic, meaning that large changes in price or income are required to lead to small changes in the quantity demanded.
In the case of hotel rooms, the elasticity of demand can be influenced by a variety of factors, including the location of the hotel, the quality of the rooms, and the availability of alternative accommodations. For example, a luxury hotel located in a popular tourist destination may have a relatively inelastic demand, as the high quality and unique location of the hotel makes it difficult for consumers to find substitutes. On the other hand, a budget hotel located in a less popular area may have a relatively elastic demand, as there are many alternative accommodations available at similar prices.
Additionally, it would be important to consider the cross-price elasticity of demand, which measures the responsiveness of demand for a good or service to changes in the prices of related goods or services. In this case, if the prices of other hotels in the area went up, the Rivers Motel could see an increase in demand for its rooms.
Furthermore, the income elasticity of demand, which measures the responsiveness of demand for a good or service to changes in consumer income, would also play a role. In this case, if the average household income increases by 20% from $50,000 to $60,000 per year, it is likely that the quantity of rooms demanded at the Rivers Motel would also increase, as people have more disposable income to spend on luxury goods and services such as hotel rooms.
Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock.
The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 12,000
20Y3 45,000
Common Stock
(dividends per share)
I cannot figure out Y1 or Y3
Answers
The dividends per share for the common stock in year 1 (Y1) is $0.60 per share, and in year 3 (Y3) is $0.90 per share.
To calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3), we need to determine the total dividends distributed and divide them by the number of common shares outstanding.
Given information:
Cumulative preferred stock: 15,000 shares, 1% dividend
Common stock: 50,000 shares, $30 par value
Dividends distributed:
Y1: $30,000
Y2: $12,000
Y3: $45,000
First, let's calculate the dividends per share for the cumulative preferred stock in each year.
Dividends per share for cumulative preferred stock = (Par value * Dividend rate) / Number of preferred shares
Dividends per share for cumulative preferred stock = ($100 * 1%) / 15,000 shares
Dividends per share for cumulative preferred stock = $1 / 15,000
Dividends per share for cumulative preferred stock = $0.000067 per share
Now, let's calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3).
For Y1:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $30,000 - ($0.000067 * 15,000)
Total dividends for common stock = $30,000 - $1.005
Total dividends for common stock = $29,998.995
Dividends per share for common stock in Y1 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y1 = $29,998.995 / 50,000 shares
Dividends per share for common stock in Y1 = $0.5999799 per share (rounded to $0.60 per share)
For Y3:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $45,000 - ($0.000067 * 15,000)
Total dividends for common stock = $45,000 - $1.005
Total dividends for common stock = $44,998.995
Dividends per share for common stock in Y3 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y3 = $44,998.995 / 50,000 shares
Dividends per share for common stock in Y3 = $0.8999799 per share (rounded to $0.90 per share)
For such more question on dividends:
https://brainly.com/question/30360786
#SPJ8
A cat food company’s marketing department knew that consumers wanted natural products in their pets’ food, so they changed the labels on the cans to stress which ingredients were natural, but left off the other ingredients. This illustrates
A. greenwashing
B. alternative facts
C. whiteboarding
D. plagiarism
E. whistleblowing
Answers
This scenario illustrates the concept of "greenwashing." So, the correct choice is option A.
Greenwashing refers to the deceptive or misleading marketing practices employed by companies to present their products or services as more environmentally friendly or natural than they actually are.
In this case, the cat food company's marketing department recognized the consumer demand for natural pet food and decided to capitalize on it by changing the labels on the cans. By emphasizing the natural ingredients and intentionally omitting the other ingredients, they create a misleading perception that their product is entirely natural.Greenwashing is a form of marketing manipulation that aims to attract environmentally conscious consumers by providing a false impression of sustainability or naturalness. It can involve various strategies, such as selective labeling, misleading claims, or exaggeration of environmentally friendly features. The intention is to influence consumer perception and purchasing decisions without necessarily making substantial changes to the product itself.However, greenwashing undermines consumer trust and the credibility of companies that engage in such practices, as it can mislead consumers and hinder their ability to make informed choices.
For more questions on greenwashing
https://brainly.com/question/29801174
#SPJ8
Waddell Company had the following balances in its accounting records as of December 31, 2015:
Assets Liabilities and Equity
Cash $ 35,000 Accounts Payable $ 7,500
Accounts Receivable 9,000 Common Stock 40,000
Land 51,000 Retained Earnings 47,500
Total $ 95,000 Total $ 95,000
The following accounting events apply to Waddell Company’s 2016 fiscal year:
Jan. 1 Acquired $20,000 cash from the issue of common stock.
Feb. 1 Paid $6,000 cash in advance for a one-year lease for office space.
Mar. 1 Paid a $2,000 cash dividend to the stockholders.
April 1 Purchased additional land that cost $15,000 cash.
May 1 Made a cash payment on accounts payable of $5,500.
July 1
Received $9,600 cash in advance as a retainer for services to be performed monthly over the coming year.
Sept. 1 Sold land for $30,000 cash that had originally cost $30,000.
Oct. 1 Purchased $2,500 of supplies on account.
Dec. 31 Earned $58,000 of service revenue on account during the year.
31 Received cash collections from accounts receivable amounting to $46,000.
31 Incurred other operating expenses on account during the year that amounted to
$28,000.
31 Recognized accrued salaries expense of $6,500.
31 Had $50 of supplies on hand at the end of the period.
31 The land purchased on April 1 had a market value of $20,000.
31 Recognized $500 of accrued interest revenue.
Required
Based on the preceding information, answer the following questions for Waddell Company. All questions pertain to the 2016 financial statements. (Hint: Enter items in general ledger accounts under the accounting equation before answering the questions.) (Do not round intermediate calculations. Enter any decreases to account balances with a minus sign.)
Answers
a. The amount of land on the balance sheet will be $36,000 which is historical cost of the land. Land is not subject to depreciation so it is recorded at historical cost and not carrying value.
b. The amount of rent expense reported on the Income statement will be $5,500 [ $ 6,000 * 11 /12 months ]
c. The total amount of liabilities reported on the balance sheet will be $43,800. This includes the contingent liabilities and warranties.
Learn more at https://brainly.com/question/24540829
You have been asked to study the effects of an employee-wide training program, in a company of 500 employees, designed to reduce the amount of customer complaints. Describe how you would carry out the study, including the variable or variables you would collect, how you would measure those variables, and what would indicate success.
Answers
The effects of an employee-wide training program, will be done to improve the employee performance via good training programs.
What is the research about?The research method will be a qualitative research. In the work, we are going to analyze and understand and see the theoretical aspect and models linked to employee development via training and development programs, and the influence on employee performance.
The study will give a background about good training effectiveness and how it leads to boasting the employee performance as well as others.
Learn more about training program from
https://brainly.com/question/3524635
#SPJ1
what is the responsibilities of supervisor to his superior?
Answers
Answer:
Managing workflow
One of a supervisor's most important responsibilities is managing a team. Often, supervisors create and oversee their team's workflow, or the tasks required to complete a job. Supervisors must define goals, communicate objectives and monitor team performance
Answer:
The five roles of a supervisor is Educator , Sponsor, Coach, Counsellor and Director
1 typewritten reviews of a Business Management, or Marketing
Article of the students choosing that appeared in the required Online
readings, You may also select articles from the New York Times.
The articles due on the assign due date. The News Article Review must
be printed out and attached to the student’s Typewritten review in Pdf.
The review must summarize the article in the student’s own words and
discuss how the subject matter of the News Article Review relates to
topics covered in the course.
THE ARTICLE SHOULD NOT BE
MORE THAN 14 DAYS OLD AND MUST BE RETRIVED FROM A
BUSINESS, OR MARKETING JOURNAL PUBLICATION
Answers
Explanation:
Title: "Digital Marketing Strategies for Small Businesses: A Case Study"
Article Source: Harvard Business Review
Summary:
The article "Digital Marketing Strategies for Small Businesses: A Case Study" discusses how small businesses can effectively utilize digital marketing strategies to compete in today's highly competitive business landscape. The case study presented in the article focuses on a small boutique clothing store that implemented various digital marketing tactics to increase their online visibility and drive more sales.
The article highlights the importance of having a strong online presence for small businesses, as consumers increasingly rely on digital channels to discover and purchase products and services. The case study outlines the steps taken by the boutique store, including optimizing their website for search engines, creating engaging social media content, and implementing email marketing campaigns to engage with customers.
The article also emphasizes the need for small businesses to adapt their digital marketing strategies based on changing consumer behaviors and market trends. For example, the boutique store in the case study shifted their focus to social media advertising when they noticed that their target audience was spending more time on social media platforms.
Relation to Course Topics:
The article aligns with several topics covered in the Business Management or Marketing course. It highlights the importance of digital marketing for small businesses and the need to adapt strategies to changing consumer behaviors, which are key concepts in modern marketing. The case study also provides practical examples of how small businesses can implement digital marketing tactics, such as search engine optimization, social media marketing, and email marketing, which are commonly covered in marketing courses.
The article also emphasizes the significance of understanding consumer behavior and market trends, which are important considerations in business management. It underscores the need for small businesses to continually assess and adjust their marketing strategies to remain competitive in the ever-evolving digital landscape.
Overall, the article provides a relevant and practical case study that showcases the application of digital marketing strategies for small businesses, making it a valuable resource for students studying business management or marketing.
Review:
The "Digital Marketing Strategies for Small Businesses: A Case Study" article is a well-written and informative piece that provides practical insights into how small businesses can effectively leverage digital marketing strategies. The case study presented in the article is relevant and relatable, making it easy to understand the challenges faced by small businesses in the digital marketing realm.
The article is concise, yet comprehensive, covering key concepts such as search engine optimization, social media marketing, and email marketing in a clear and understandable manner. The use of a real-life case study adds credibility and practicality to the article, making it more engaging for readers.
The author's writing style is engaging and easy to follow, with a good balance of theoretical concepts and practical examples. The article is well-structured, with clear headings and subheadings that make it easy to navigate and locate specific information.
One potential improvement could be the inclusion of more recent data or statistics to support the author's points and provide additional evidence of the effectiveness of the digital marketing strategies discussed. However, overall, the article is a valuable resource for students studying business management or marketing, as it provides relevant and practical insights into how small businesses can navigate the digital marketing landscape to achieve their business goals.
In conclusion, the "Digital Marketing Strategies for Small Businesses: A Case Study" article is a recommended read for students studying business management or marketing. It offers valuable insights into the challenges and opportunities of digital marketing for small businesses and provides practical examples that can be applied in real-world business settings. The article's alignment with course topics and its clear and engaging writing style make it a useful resource for students looking to deepen their understanding of digital marketing strategies.
Prepare journal entries to record the following merchandising transactions of Lowe's, which uses the perpetual inventory system and
the gross method.
August 1 Purchased merchandise from Aron Company for $8,000 under credit terms of 1/10, n/30, FOB destination, invoice dated
August 1.
August 5 Sold merchandise to Baird Corporation for $5,600 under credit terms of 2/10, n/60, FOB destination, invoice dated August
5. The merchandise had cost $4,000.
August 8 Purchased merchandise from Waters Corporation for $7,000 under credit terms of 1/10, n/45, FOB shipping point, invoice
dated August 8.
August 9 Paid $190 cash for shipping charges related to the August 5 sale to Baird Corporation.
August 10 Baird returned merchandise from the August 5 sale that had cost Lowe's $500 and was sold for $1,000. The merchandise was
restored to inventory.
August 12 After negotiations with Waters Corporation concerning problems with the purchases on August 8, Lowe's received a price
reduction from Waters of $700 off the $7,000 of goods purchased. Lowe's debited accounts payable for $700.
August 14
At Aron's request, Lowe's paid $160 cash for freight charges on the August 1 purchase, reducing the amount owed (accounts
payable) to Aron.
August 15 Received balance due from Baird Corporation for the August 5 sale less the return on August 10.
August 18 Paid the amount due Waters Corporation for the August 8 purchase less the price allowance from August 12.
August 19
Sold merchandise to Tux Company for $4,800 under credit terms of n/10, FOB shipping point, invoice dated August 19. The
merchandise had cost $2,400.
August 22
Tux requested a price reduction on the August 19 sale because the merchandise did not meet specifications. Lowe's gave a
price reduction (allowance) of $800 to Tux and credited Tux's accounts receivable for that amount.
August 29 Received Tux's cash payment for the amount due from the August 19 sale less the price allowance from August 22.
August 30 Paid Aron Company the amount due from the August 1 purchase.
Answers
Based on the given merchandising transactions, a journal entry has been prepared below:
Journal EntriesNo Date General Journal Debit Credit
1 Aug 01 Merchandise inventory $6,000
Accounts payable-Aron $6,000
2 Aug 05 Accounts receivable-Baird $4,200
Sales $4,200
3 Aug 05 Cost of goods sold $3,000
Merchandise inventory $3,000
4 Aug 08 Merchandise inventory $5,000
Accounts payable-Waters $5,000
5 Aug 09 Delivery expense $200
Cash $200
6 Aug 10 Sales return and allowances $1,000
Accounts receivable-Baird $1,000
7 Aug 10 Merchandise inventory $500
Cost of goods sold $500
8 Aug 12 Accounts payable-Waters $500
Merchandise inventory $500
9 Aug 14 Accounts payable-Aron $190
Cash $190
10 Aug 15 Cash ($3,200 - $3,136) $3,136
Sales discounts ($3,200 x 2%) $64
Accounts receivable-Baird ($4,200 - $1,000) $3,200
11 Aug 18 Accounts payable-Waters ($5,000 - $500) $4,500
Merchandise inventory ($4,500 x 1%) $45
Cash ($4,500 - $4,455) $4,455
12 Aug 19 Accounts receivable-Tux $3,600
Sales $3,600
13 Aug 19 Cost of goods sold $1,800
Merchandise inventory $1,800
14 Aug 22 Sales return and allowances $600
Accounts receivable-Tux $600
15 Aug 29 Cash ($3,600 - $600) $3,000
Accounts receivable-Tux $3,000
16 Aug 30 Accounts payable-Aron ($6,000 - $190) $5,810
Cash $5,810
Read more about journal entries here:
https://brainly.com/question/14279491
#SPJ1
Which example represents a reward?
A: long break times
B: an achiever's name on the "Employee of the Month" board
C: banquet
D: bonus
Answers
Answer:
To me, it would be all of them, D. Bonus?
Explanation:
Capitallist market systems
Answers
Answer: I think the answer is B because the capitalist marketing system is controlled by the market owners rather than the government, so the market owners depend on the consumers to buy their stuff. Hope this helped! Im sorry if it's wrong :(
WHY DO WE NEED TO WRITE A BUSINESS PLAN
Answers
Answer:
It will help you steer your business as you start and grow. Think of a business plan as a GPS to get your business going. A good business plan guides you through each stage of starting and managing your business. You'll use your business plan like a GPS for how to structure, run, and grow your new business.
Troy Engines, Limited, manufactures a variety of engines for use in heavy equipment. The company has always produced all of the necessary parts for its engines, including all of the carburetors. An outside supplier has offered to sell one type of carburetor to Troy Engines, Limited, for a cost of $32 per unit. To evaluate this offer, Troy Engines, Limited, has gathered the following information relating to its own cost of producing the carburetor internally:
Per Unit 17,000 Units per Year
Direct materials $ 14 $ 238,000
Direct labor 8 136,000
Variable manufacturing overhead 3 51,000
Fixed manufacturing overhead, traceable 3* 51,000
Fixed manufacturing overhead, allocated 6 102,000
Total cost $ 34 $ 578,000
*One-third supervisory salaries; two-thirds depreciation of special equipment (no resale value).
Required:
1. Assuming the company has no alternative use for the facilities that are now being used to produce the carburetors, what would be the financial advantage (disadvantage) of buying 17,000 carburetors from the outside supplier?
2. Should the outside supplier’s offer be accepted?
3. Suppose that if the carburetors were purchased, Troy Engines, Limited, could use the freed capacity to launch a new product. The segment margin of the new product would be $170,000 per year. Given this new assumption, what would be the financial advantage (disadvantage) of buying 17,000 carburetors from the outside supplier?
4. Given the new assumption in requirement 3, should the outside supplier’s offer be accepted?
Answers
1.) Purchasing from the outside supplier would lead to a cost saving of $34,000, providing a financial advantage.
2.) Accepting the outside supplier's offer is financially beneficial, as it would save $34,000 by purchasing carburetors externally.
3.) Taking into account the potential for the new product, purchasing from the outside supplier would yield a financial advantage of $204,000.
4.) Considering the potential for the new product, accepting the outside supplier's offer yields a substantial $204,000 financial advantage.
1.) To calculate the financial advantage or disadvantage of buying carburetors from the outside supplier, we need to compare the total cost of producing the carburetors internally with the cost of purchasing them externally.
The total cost of producing the carburetors internally is $578,000 for 17,000 units, which translates to a cost of $34 per unit. However, the outside supplier is offering the carburetors for $32 per unit.
Therefore, the financial advantage of buying from the outside supplier can be calculated as follows:
Advantage = Cost of producing internally - Cost of purchasing externally
= ($34 per unit * 17,000 units) - ($32 per unit * 17,000 units)
= $578,000 - $544,000
= $34,000
In this case, buying from the outside supplier would result in a financial advantage of $34,000.
2.) Based on the analysis in part 1, the outside supplier's offer should be accepted. Purchasing the carburetors externally would result in a cost savings of $34,000 compared to producing them internally.
As long as the purchased carburetors meet the required quality standards and there are no other significant considerations, such as supply chain risks, it makes financial sense to take advantage of the lower cost offered by the outside supplier.
3.) If the freed capacity from purchasing the carburetors internally can be utilized to launch a new product with a segment margin of $170,000 per year, we need to factor in the potential contribution from the new product in our analysis.
The financial advantage of buying carburetors from the outside supplier, considering the opportunity to launch a new product, can be calculated as follows:
Advantage = (Cost of producing internally - Cost of purchasing externally) + Segment margin of the new product
= ($34 per unit * 17,000 units) - ($32 per unit * 17,000 units) + $170,000
= $578,000 - $544,000 + $170,000
= $204,000
In this case, buying from the outside supplier, considering the potential for the new product, would result in a financial advantage of $204,000.
4.) Based on the updated analysis in part 3, where the freed capacity can be used to launch a new product with a segment margin of $170,000 per year, it becomes even more favorable to accept the outside supplier's offer.
The financial advantage of $204,000 indicates a significant benefit from purchasing the carburetors externally and utilizing the freed capacity for a more profitable product. This decision would not only result in cost savings but also generate additional revenue from the new product, making it a more strategic and financially advantageous choice for Troy Engines, Limited.
For more question on financial visit:
https://brainly.com/question/1265337
#SPJ8
Si una empresa quiere saber porqué han decrecido sus ventas ¿Qué tipo de investigación realizaría cuantitativa o cualitativa? ¿Porqué?
Answers
Answer:
Cualitativa
Dado que están interesados en las razones (las cuales no son una variable numérica), la recopilación de información y la investigación será de tipo cualitativa para poder conocer las razones o motivos por los que la gente ha dejado de comprar.
Explanation:
En investigación hay dos tipos principales de métodos:
La investigación cuantitativa, que se basa en la recolección de datos y variables numéricas y la relación que existe entre ellas.La investigación cualitativa, la cual se base en la recolección de datos de tipo no numérico y que no pueden ser medidas con números (por ejemplo opiniones).En este ejemplo la empresa quiere saber por qué han decrecido sus ventas, dado que están interesados en las razones (las cuales no son una variable numérica), la recopilación de información y la investigación será de tipo cualitativa para poder conocer las razones o motivos por los que la gente ha dejado de comprar.