BE 21. 7 Rick Kleckner Corporation recorded a right-of-use asset for $300,000 as a result of a finance lease on December 31, 2019. Kleckner's incremental borrowing rate is 8%, and the implicit rate of the lessor was not known at the commencement of the lease. Kleckner made the first lease payment of $48,337 on December 31, 2019. The lease requires eight annual payments. The equipment has a useful life of 8 years with no residual value. Prepare Kleckner's December 31, 2020, entries
Answers
Rick Kleckner Corporation recorded a right-of-use asset for $300,000. Kleckner's December 31, 2020 entries are interest expense = $20,133 , depreciation expense = $37,500 , lease payment = $48,337.
To prepare the December 31, 2020, entries for Rick Kleckner Corporation, we need to first calculate the interest expense and depreciation for the year.
Interest Expense: The interest expense for the first year is calculated by multiplying the beginning balance of the lease liability (which is the present value of the remaining lease payments) by the incremental borrowing rate.
PV of remaining lease payments = $300,000 - $48,337 = $251,663
Interest expense = $251,663 * 8% = $20,133
Depreciation Expense: The equipment has a useful life of 8 years with no residual value. Therefore, the annual depreciation expense is $300,000 / 8 = $37,500.
With this information, the December 31, 2020 entries for Kleckner Corporation are as follows:
1. To record interest expense:
Debit Interest Expense: $20,133
Credit Lease Liability: $20,133
2. To record depreciation expense:
Debit Depreciation Expense: $37,500
Credit Right-of-Use Asset: $37,500
3. To record lease payment:
Debit Lease Liability: $31,204 ($48,337 - $17,133)
Debit Interest Expense: $17,133 ($20,133 - $3,000)
Credit Cash: $48,337
Note that the lease liability balance at the end of the year is $220,459 ($251,663 - $31,204), which represents the present value of the remaining lease payments at the end of the year.
In summary, the December 31, 2020 entries for Kleckner Corporation include recording interest and depreciation expenses and lease payments, which affect the lease liability, right-of-use asset, and cash accounts.
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Related Questions
If you wanted to make sure a company has enough money available to pay its bills, which financial statement would
be most helpful?
А. Balance sheet
B. Income statement
C. Statement of owners' equity
D. Cash flow statement
Answers
Answer:
D. Cash flow statement
Explanation:
that is the answer
hope I helped you
Partner selection, alliance design, and post-formation alliance management are essential to a successful alliance. Many alliances fail due to problems in post-formation management. IKEA is the world's largest furniture retailer. It has many non-equity alliances with suppliers and manufacturers around the world. IKEA also makes strategic use of non-equity alliances and stakeholder partnerships to participate in finding solutions to social and environmental challenges. As a Strategy Consultant, you want to find more information and data about IKEA. Search the following sources of data; The Wall Street Journal, The Economist, Business Week, Fortune, The New York Times, theepochtimes.com, Inc.com, Forbes.com, PRNewswire.com, Bloomberg.com, Reuters.com, Fastcompany.com for more data (qualitative and quantitative) about IKEA's active partnerships (strategic alliances) and acquisitions. Search what IKEA has done in the past ten years. Your data collection will provide you insights to answer the following questions: 1- In what ways does IKEA participate in strategic alliances? 2- What non-equity alliances have shown success? 3- How do these partnerships relate to maintaining IKEA's competitive advantage as the world's largest furniture retailer? As you have learned about CSR- Corporate Social Responsibility and firm value creation earlies in the course, answer the following questions: 4- Define what constitutes success for IKEA and success for the nonprofit partner. 5- What resources and capabilities does each party bring to the alliance? Refer to Exhibit 9.4 How to Make Alliances Work to consider which of these governance considerations would be most relevant to this particular type of non-equity alliance. 6- With M&A in mind, find out if IKEA has acquired other companies in the past ten years? Explain why IKEA has decided to acquire other companies. Does the acquisition bring a Competitive Advantage to IKEA? Explain how.
Answers
IKEA purchased Task Rabbit to provide consumers with an extra service. IKEA's acquisition of companies has helped the company enter new markets and offer new products. IKEA gains a competitive advantage through the purchase of businesses by boosting its product line and growing its market.
1. IKEA has many non-equity alliances with suppliers and manufacturers worldwide. IKEA also makes strategic use of non-equity alliances and stakeholder partnerships to participate in finding solutions to social and environmental challenges. IKEA's strategic alliances include partnerships with several NGOs and businesses. They work together on sustainability initiatives, with each partner contributing their expertise.
2. IKEA's non-equity alliances include partnerships with several NGOs and businesses. They work together on sustainability initiatives, with each partner contributing their expertise. The Better Cotton Initiative is one of IKEA's successful non-equity partnerships. The initiative, which began in 2010, includes IKEA and many other retailers who collaborate with cotton farmers to promote the use of sustainable cotton farming practices.
3. Through its partnerships, IKEA can increase its product offerings and address social and environmental issues, which gives them a competitive advantage in the marketplace. IKEA has a reputation for being an environmentally conscious company, which has helped it appeal to customers who value sustainability. By working with NGOs and other businesses on sustainability initiatives, IKEA strengthens its reputation as an eco-friendly company.
4.Success for IKEA can be measured in terms of financial performance and sustainability metrics, such as reduced waste and emissions. Success for the nonprofit partner would be measured in terms of how much their mission was advanced. For example, a nonprofit working to increase access to clean water would consider the success of the partnership based on how many people gained access to clean water.
5. IKEA brings its expertise in furniture manufacturing and retail, while its nonprofit partners bring their expertise in social and environmental issues. Governance considerations that would be relevant to this particular type of non-equity alliance include partner selection and alliance design.
6.IKEA has acquired several companies in the past ten years, including Task Rabbit, a company that connects customers with freelancers to complete tasks. The acquisition of companies brings a Competitive Advantage to IKEA by increasing its product offerings and expanding its reach.
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EverFi question for Unit rates with budgets...
Answers
50 POINTS.
Cameron is the mayor of a village in Alaska. He has served his community for many years. Cameron's job is part of the _______ Government.
A. National.
B. State.
C. Local.
D. Foreign
Answers
Answer:
Cameron is the mayor of a village in Alaska. He has served his community for many years. Cameron's job is part of the _______ Government.
C. LocalCameron is the mayor of a village in Alaska. He has served his community for many years. Cameron's job is part of the local Government. Therefore option C is correct.
What is Mayor?The highest-ranking official of a municipal government, such as that of a city or town, is the mayor in many nations. The duties and authority of a mayor, as well as the procedures for electing or otherwise appointing a mayor, are subject to a wide range of local laws and customs around the world.
The Municipal Corporations Act 1882, Section 15, governed the election of mayors in the United Kingdom in the 19th century. The mayor was to be chosen by the borough council on November 9th from among the aldermen or councilors or other individuals eligible to serve in that capacity. Despite having a one-year mandate, he was up for reelection.
The position of mayor was widely viewed as an honor bestowed for local distinction, prolonged service on the council, or previous services in the majority of modern English and Welsh boroughs and towns in the 20th century.
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Calico Company has two operating departments: Department A and Department B. Department A occupies 30% of the floor space of the company but accounts for 75% of the sales of the company. Department B occupies 70% of the floor space of the company but accounts for 25% of company sales. Cleaning expense (an indirect expense of the company), which consists primarily of vacuuming the carpet is $30,000 each year. How much cleaning expense should be allocated to Department B
Answers
Answer: $21000
Explanation:
Based on the information given in the question, the cleaning expense should be allocated to Department B will be the percentage of floor space occupied by Department B multiplied by the cleaning expense. This will be:
= 70% × $30,000
= 70/100 × $30,000
= 0.7 × $30,000
= $21000
Upload your Environmental Regulations project below.
Answers
Answer:
Environmental regulations are government policies and laws that aim to protect the environment and human health by controlling and minimizing the release of harmful pollutants and substances into the air, water, and land. These regulations can take the form of standards, guidelines, or restrictions that are designed to reduce the negative impacts of human activities on the environment.
Here are some examples of environmental regulations:
Clean Air Act: This act regulates the emissions of air pollutants from both stationary sources (such as factories and power plants) and mobile sources (such as cars and trucks). It also sets standards for air quality and requires the EPA to monitor and report on air pollution levels.
Clean Water Act: This act regulates the discharge of pollutants into the nation's surface waters, such as lakes, rivers, and streams, and sets water quality standards. It also requires permits for certain discharges and provides for enforcement of the standards.
Resource Conservation and Recovery Act (RCRA): This act regulates the management of hazardous and non-hazardous solid waste, including the treatment, storage, and disposal of these wastes.
Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA, or "Superfund"): This act provides for the cleanup of hazardous waste sites and holds responsible parties accountable for the costs of the cleanup.
Endangered Species Act: This act protects endangered and threatened species and their habitats by regulating activities that may harm them.
The implementation and enforcement of environmental regulations is usually the responsibility of environmental agencies, such as the Environmental Protection Agency (EPA) in the United States.
Overall, environmental regulations play a crucial role in protecting the environment and public health, and are essential for ensuring that human activities are carried out in a sustainable manner.
Someone in the 15 percent tax bracket can earn 10 percent annually on his investments in a tax-exempt IRA account. What will be the value of a $16,000 investment in 5 years? 10 years? 20 years? You may use Appendix C to answer the questions. Do not round intermediate calculations. Round your answers to the nearest dollar.
Answers
Answer:
A. $60,653
B. $98,313
C. $136,217
Explanation:
The formula that is used for calculating the annuity value is as under:
Annuity Value in "n" years = Present Value * (1 - (1 + r)^-n) / r
For 5 years:
Annuity Value in "5" years = $16,000 * (1 - (1 + 10%)^-5) / 10%
= $60,653
For 10 years:
Annuity Value in "10" years = $16,000 * (1 - (1 + 10%)^-10) / 10%
= $98,313
For 20 years:
Annuity Value in "20" years = $16,000 * (1 - (1 + 10%)^-5) / 10%
= $136,217
company can make. This is also known as a(n):
A
Product A
oo
ов
39
65
Product B
A. production possibilities curve.
a
O
O
B. opportunity cost graph.
C. projected annual growth plan.
O
O
D. capital investment model.
SUBMIT
Answers
This graph shows the relationship between the amount of two products a company can make. This is also known as a production possibilities curve. The correct option is (C).
What do you mean by the production possibilities curve?The line known as the production possibilities curve (PPC) illustrates all the possible output combos that can be created using the available resources and technology.
A production options curve depicts different pairings of two products that can be made using the available resources.
The four factors of production—natural resources (including territory), labor, capital products, and entrepreneurship—combine to make up the input.
When resources are allocated to producing more of one good and less of another, the points on the graph represent how much of each good will be created.
Therefore, this graph depicts the link between the quantity of two items that a firm may produce. This is often referred to as a production possibility curve.
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This is an incomplete question the complete question is:
This graph shows the relationship between the amount of two products a company can make. This is also known as a(n):
A. project annual growth plan.
B. opportunity cost graph.
C. production possibilities curve.
D. capital investment model
How do you cash a scratch ticket in PA?.
Answers
Players can redeem prize-winning tickets worth $600 or less at a Pennsylvania Lottery PlayCentral terminal (PCT).
What are the steps to redeem scratch ticket in PA?During the COVID-19 outbreak, the best method to claim your prize is to mail it to us. Enter out your winning ticket as well as make a copy, front and back, for your records. Fill out using a Claim Form to submit with the ticket if the prize is worth more than $600.Check your Pennsylvania Lottery tickets right away because prizes can and do expire. Scratch-Offs: Prizes lapse one year after the game's end-of-sale date, which is published on palottery.com. See the list of games that have been closed. Prizes in draw games can be claimed for approximately to one year after the date of the drawing.To learn more about lottery terminal handbook refer to :
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A Web site's Terms of Use grants the Web site the right to do what?
0
use your personal information in its advertisements
O sell its users' personal information to third parties for them to market to specific customers
O use its users' posts and photographs to gather information about its consumers
o both the first and third answers
Answers
it might be d because b isnt correct and the A and c are correct so im thinking therfor the answer is d
Answer:
both the first and third answers
Explanation:
I tried answering "use its users' posts and photographs to gather information about its consumers" and it was wrong, and then I retook the quiz and answered "sell its users' personal information to third parties for them to market to specific customers" and it was wrong. I know they can sell your information to make targeted ads, so it must be the answer that says "both the first and third answers".
Active listening is a process of communication in which the listener engages the speaker by repeating or rephrasing the speaker’s words; the listener may also mirror body language or _____.
apathetic behavior
tone of voice
nervous tics
hand gestures
Answers
Answer: tone of voice
Explanation:
Active listening refers to a process of communication whereby the speaker is engaged by the listener who repeats the words or statements heard.
Active listening involves the individual listening with all his or her senses and giving the speaker all the attention needed.
In active listening, the listener can mirror the body language or the tone of voice of the speaker. Active listening can be either acquired or developed through constant practice.
Advertising Age annually compiles a list of the 100 companies that spend the most on advertising. Consumer-goods company Procter & Gamble has often topped the list, spending billions of dollars annually (Advertising Age website, March 12, 2013). Con- sider the data found in the DATAfile named Advertising. It contains annual advertising expenditures for a sample of 20 companies in the automotive sector and 20 companies in the department store sector. What is the mean advertising spent for each sector? What is the standard deviation for each sector? What is the range of advertising spent for each sector? What is the interquartile range for each sector? Based on this sample and your answers to parts (a) to (d), comment on any differences in the advertising spending in the automotive companies versus the department store companies.
Answers
Using the appropriate statistical relationship, the mean, range and Interquartile range for the advertisement spending of the two companies are worked out below.
Automotive:
598, 1512, 1573, 1642, 1714, 1720, 1781, 1798, 1813, 2008, 2014, 2024, 2058, 2166, 2202, 2254, 2366, 2526, 2531, 2901
Department :
448, 472, 474, 573, 589, 597, 598, 622, 629, 669, 706, 714, 746, 760, 782, 824, 840, 856, 947, 1011
Recall :
Sample mean = ΣX/n
n = sample size1.)
Mean for Automotive = 39201 / 20 = 1960.05
Mean for Department = 13857 / 20 = 692.85
2.)
Range = Maximum - MinimumRange for Automotive = 2901 - 598 = 2303
Range for Department = 1011 - 448 = 563
3.)
Interquartile Range = Upper - Lower quartileAutomotive :
Upper quartile(Q3) = 0.75(21) = 15.75th term = 2228
Lower quartile (Q1) = 0.25(21) = 5.25th term = 1717
Interquartile Range = 2228 - 1717 = 511
Department :
Upper quartile(Q3) = 0.75(21) = 15.75th term = 803
Lower quartile (Q1) = 0.25(21) = 5.25th term = 593
Interquartile Range = 893 - 593 = 210
4.)
Comparing the spread of the spending between the companies, the average spending by the Automotive company is higher with a greater level of spread.
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According to the segment, when is career testing most effective?.
Answers
According to the segment career testing is most effective when it is When it is guided by a trained career counselor.
What is career testing?
These are assessments that are done to determine the skills that a person has for future jobs.
Career testing is very important for determining the core skills of a person and their soft skills. A counselor is very effective in helping out here:
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According to the order of operations in solving equations, which step should come first?
Answers
The order of operations indicates a common set of rules for calculations. According to the order of operations, simplification of inner brackets and parentheses should come first if the equation contains symbolic groupings.
The order of operations is a rule that specifies the correct steps for evaluating mathematical expressions. PEMDAS helps you remember the order: parentheses, exponents, multiplication, and division (from left to right), addition, and subtraction (from left to right). Created by Sal Khan.
Explain to students that you have created a series of steps called an Operational Sequence. When simplifying, first do all bracket expressions, then all exponents, then all multiplications and divisions from left to right, and finally all additions and subtractions from left Run right.
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Which expense category will most likely be changed to allow money for the purchase of a car?
O savings
groceries
Outilities
o entertainment
Answers
It is likely that the savings category will be changed to allow money for the purchase of a car.
What is saving?Saving refers to the act of setting aside a portion of income or resources for future use. It is a critical aspect of personal finance as it allows individuals to plan for their long-term financial goals and provides a safety net in case of unexpected expenses or emergencies.
Saving can be done in a variety of ways, such as opening a savings account, investing in stocks or other assets, or simply keeping cash in a safe place. The amount saved can be small or large, depending on one's income and financial goals.
Some people save for specific goals, such as a down payment on a house or a college education for their children, while others save to build an emergency fund or to save for retirement.
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The foundation of a marketing plan.
Answers
Answer:
Every marketing plan should include a clear explanation of the market segmentation, target market focus, and a market forecast. To develop an effective plan based on your customers' needs and nature.
Which of the following affects the natural environment negatively?
recycling cans
clothing we buy
production of solar panels
sustainable energy at a power plant
Answers
Answer:
Production of solar panels
Explanation:
In as much as solar panel is a good source of clean and renewable energy , the production processes of solar panels pose a threat to the natural environment.
A major environmental hazard related to the production of solar panel is the emission of greenhouse gas , just as it is in every other production process.
So also , a large no of space is required for the production which can birth environmental degradation and loss of habitat
using the laplace method, what will be the payoff value for form joint venture? success above average success failure payoff value sell company 1000 1002 130 710.6 form joint venture 1200 1300 203 ? sell software on own 1500 800 (200) 700
Answers
The payoff value for form joint venture is 900.
The payoff value for form joint venture can b calculated using the Laplace method, using the following formula.
Laplace payoff value for "form joint venture"= (P(Success)*Payoff value for Success) + (P(Above Average Success)*Payoff value for Above Average Success) + (P(Failure)*Payoff value for Failure)
where, P(Success) = 1/3, P(Above Average Success) = 1/3, P(Failure) = 1/3,
Given payoff value for Success = 1200, payoff value for Above Average Success = 1300, and payoff value for failure = 203
By putting these values in the above formula, we have:
Laplace payoff value for "form joint venture" = (1/3*1200) + (1/3*1300) + (1/3*203) = (400) + (433.33) + (67.67) = 900
Therefore, the payoff value for "form joint venture" using the Laplace method is 900.
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which phrase best completes the diagram?
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which of the following would not be counted in gdp? question 1 options: you spend $8.00 to attend a movie an accountant pays a tailor $175.00 to sew him a new suit the government makes a $300 social security payment to a retired person the government increases its defense expenditures by $1 million
Answers
The government increases its defense expenditures by $1 million would not be counted in gdp. The correct answer is D.
In the calculation of Gross Domestic Product (GDP), only final goods and services produced within a country's borders during a specific time period are included. Intermediate goods or services, which are used in the production of other goods or services, are not counted to avoid double counting.
In this case, the government increasing its defense expenditures by $1 million would be considered as a government spending on intermediate goods or services, such as weapons or equipment, which are not final goods or services intended for direct consumption by households or businesses. Therefore, it would not be counted in GDP.
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a manufacturing operation consists of 10 operations; 5 of them are distinct machining operations and the other 5 are distinct assembly operations. however, five machining operations must be completed before any of the five assembly operations can begin. within each set of five, operations can be completed in any order. how many different production sequences are possible?
Answers
14,400 production sequences are possible.
Since the first set of machining operations can be performed in any order, after selecting one, there are 4 operations left. After selecting another, there are 3 operations left.
After selecting yet another, there are 2 operations left. Finally, after selecting yet another, there is only 1 operation left. This procedure may be described by the equation below: There are 120 potential options when multiplying 5 by 4 by 3 by 2 by 1. It may also be written mathematically as 5! = 120.
Here, We have 5 × 4 x 3 x 2 x 1 = 120 potential unique options for the final five assembly processes.
So total number of combinations will be - 120 × 120
= 14,400
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Suppose the consumption function in an economy is given by C left parenthesis Y right parenthesis equals 100 plus 0.7 Y comma where Y represents income. Suppose further that investment, I, is 200. The equilibrium level of output in this economy is: a. 800 b. 1000 c. 120 d. 5000 Suppose the consumption function in an economy is given by C left parenthesis Y right parenthesis equals 100 plus 0.7 Y comma where Y represents income. Suppose further that investment, I, is 200. The equilibrium level of output in this economy is: a. 800 b. 1000 c. 120 d. 5000
Answers
To find the equilibrium level of output in the given economy, we need to determine the level of output at which aggregate consumption (C) equals aggregate income (Y).
The consumption function is given as C(Y) = 100 + 0.7Y, and investment (I) is given as 200.
At equilibrium, C(Y) + I = Y.
Substituting the values, we have:
(100 + 0.7Y) + 200 = Y
Simplifying the equation:
100 + 0.7Y + 200 = Y
300 + 0.7Y = Y
0.3Y = 300
Y = 300 / 0.3
Y = 1000
Therefore, the equilibrium level of output in this economy is 1000.
The correct answer is b. 1000.
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You have been invited to give a speech at a local restaurant. The person who is hosting the event has asked you to speak for 15 minutes on a topic of your choice. Walk though the process of deciding what to talk about and discuss the reasons and methods you would use to make an effective choice.
Answers
Give me some hint please
Answer:
talk about the recipes
Explanation:
Lina wants to be a lawyer for her future career. Which extracurricular activity would be the most helpful?
O teacher's aide
O marching band
O speech and debate
O soccer
Answers
Answer:
speech and debate
the axiomatic principles are flexible constructs that are developed to fit the realities of the business environment. is the statement true or false?
Answers
True, the axiomatic principles are adaptable frameworks created to fit the realities of the corporate world.
An unquestionable first principle, rule, or maxim that has attained broad acceptance or is thought to be deserving of such acceptance is referred to as a logical axiom. This acceptance may be based on self-evident support or a claim of inherent merit. Axioms need to be accurate because they serve as the basis of mathematics. If there are too few axioms, you can prove very little, and mathematics would not be very interesting. It is possible to prove almost anything when there are many axioms, but mathematics also gets tedious. The axiomatic method is a strategy for creating a complete system in accordance with established rules by utilizing logical inference from a collection of fundamental assumptions, such as axioms or postulates, which are constructed from a few simple phrases.
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Question 1 (10 points) You are faced with a problem. You want to go to the movies with your friends and see the latest action flick. However, your mother left you firm instructions to mow the lawn. You will risk losing your allowance if you don't mow the lawn. Apply what you have learned in this course. a) Create a decision-making grid similar to the one you learned about in Unit 2. Then decide which would be the best use of your time. b) Make a choice as to which you will do. Write an explanation (at least one well- developed paragraph in length) in which you explain how you have decided to use your time and why you made that particular choice. Your explanation should include terms such as "opportunity cost" and "trade-off" and your reasoning for making the choice you made.
Answers
The dilemma is to decide whether to ignore mother's orders or comply with them in this situation.
What is Opportunity Cost?Opportunity Cost refers to the losses incurred on leaving the other possible alternatives in the decision making and choosing the one. It is the value of the best alternative choose in the process of the decision making.
In the Above situation,the individual would enjoy with friends if he goes to watch the movie However it can lead to trouble with his mother.
However, if individual does cleaning of the lawn; the price would be the fun you would have to forgo.
The best course of action would be to obey your mother because the consequences of doing otherwise are much worse.
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1. (IRR calculation) Determine the IRR on the following projects:a. An initial outlay of $13,000 resulting in a single free cash flow of $17,182 after 8 years (Round to two decimalplaces.) ANSWER:b. An initial outlay of $13,000 resulting in a single free cash flow of $48,077 after 10 years (Round to two decimalplaces.) ANSWER:c. An initial outlay of $13,000 resulting in a single free cash flow of $114,943 after 20 years(Round to two decimalplaces.) ANSWER:d. An initial outlay of $13,000 resulting in a single free cash flow of $13,680 after 3 years (Round to two decimalplaces.) ANSWER:
Answers
To determine the IRR on the following projects, we will use the IRR formula:
0 = Initial Outlay * (1 + IRR)^n - Free Cash Flow
a. Initial outlay: $13,000; Free cash flow: $17,182; n: 8 years
0 = 13000 * (1 + IRR)^8 - 17182
Solving for IRR, we get IRR = 4.00%
b. Initial outlay: $13,000; Free cash flow: $48,077; n: 10 years
0 = 13000 * (1 + IRR)^10 - 48077
Solving for IRR, we get IRR = 12.00%
c. Initial outlay: $13,000; Free cash flow: $114,943; n: 20 years
0 = 13000 * (1 + IRR)^20 - 114943
Solving for IRR, we get IRR = 10.00%
d. Initial outlay: $13,000; Free cash flow: $13,680; n: 3 years
0 = 13000 * (1 + IRR)^3 - 13680
Solving for IRR, we get IRR = 1.66%
In summary:
a. IRR for the first project is 4.00%.
b. IRR for the second project is 12.00%.
c. IRR for the third project is 10.00%.
d. IRR for the fourth project is 1.66%.
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1. Suppose that incomes have fallen on average, and that the state of Florida had an extremely favorable growing season for its orange crop. How would we expect that this will affect the supply curve and why? (The supply curve can remain static, the supply curve can shift to the left, we do not have enough information to say, or the supply curve will shift to the right)
Answers
Due to severe weather and a disease that affects citrus fruit, Florida's orange harvest is anticipated to fall to its lowest level since before World War II. Orange juice costs would rise as a result of this further reducing the state's already meager supply.
Where Florida is Located?Florida is a state located in the southeast region of the United States. It is bordered by the Atlantic Ocean and Bahamas to the east and southeast, Georgia to the north, Alabama to the north and northwest, the Straits of Florida to the south, and the Gulf of Mexico to the west.
The Atlantic Ocean and the Gulf of Mexico both border this state, making it unique. With approximately 21 million residents and a land size of 65,758 square miles, Florida is the 22nd-largest state in the nation by both population and area (170,310 km2).
The Miami metropolitan area, which is funded by Florida, is the state's largest metro area even though Jacksonville is the largest city in terms of area.
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Multiple Choice Question Credit terms of n/15 EOM were printed on an invoice. Explain what this means. a.The credit period ends on the 15th of the month. b.The credit terms stand for net 15 days after end of month. c.The discount period lasts only 15 days from invoice date. d.The buyer will receive a 15% discount if the invoice is paid by the 15 of the month.
Answers
b. Credit terms of n/15 EOM were printed on an invoice is The credit terms stand for net 15 days after end of month.
When it appears on an invoice, the abbreviation EOM stands for the end of the month. N/15 stands for "net 15 days." As a result, n/15 EOM in full is net 15 days following the beginning of the month.
According to this credit term, payment must be made no later than the 15th day following the end of the month in which the invoice was issued. There are no discounts mentioned in the credit term. By the fifteenth day of the month after the invoice date, the vendor requests payment.
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the motor city miracle playoff game took place on january 8, 2000, when the tennessee titans returned a kickoff for a touchdown with 16 seconds left. what team did the titans beat in that game?
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In January 8, 2000, the Motor City Miracle Playoff game took place that saw the Tennessee Titans play the Buffalo Bills.
The Motor City Miracle Playoff game:
Was played between the Buffalo Bills and the Tennessee Titans Ended in victory for the Titans Saw the Titans win with 16 seconds to goIn this very intriguing game, the Buffalo Bills were well on their way to victory after they scored a field goal with 16 seconds to go. The Titans however, scored a touchdown in those mere seconds to win the game 22 - 16
In conclusion, the Tennessee Titans played the Buffalo Bills.
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