In a situation where Bonita industries had revenues of $339000, expenses of $206000, and dividends of $42000, and when income summary is closed to retained earnings, the amount of the debit or credit to retained earnings is a credit of $91,000. Therefore, the option A holds true.
What is the significance of retained earnings?Retained earnings can be referred to or considered as the subtraction of the gross profits less the expenses and payments made to the stockholders as dividends.
From the given information,
Retained Earnings = Revenues – Expenses – Dividends
Retained Earnings = 339000 – 206000 – 42000
Retained Earnings = $91,000
Therefore, the option A holds true and states regarding the significance of retained earnings.
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The missing options to the incomplete question have been added below for better reference.
Bonita Industries had revenues of $339000, expenses of $206000, and dividends of $42000. When Income Summary is closed to Retained Earnings, the amount of the debit or credit to Retained Earnings is a
credit of $91000.
debit of $133000.
credit of $133000.
debit of $91000.
mandarin company has 9%, 20-year bonds outstanding with a par value of $500,000 and a carrying value of $475,000. the company calls the bonds at $482,000. calculate the gain or loss on the retirement of these bonds.
If the rate paid to retire a bond is larger than the carrying quantity of bonds, the company recognizes a loss on retirement.
But if the charge paid is less than the carrying quantity of the bonds at retirement, the provider archives a reap on retirement of bonds.
What happens when a agency retires a bond?The retirement of bonds refers to the repurchase of bonds from buyers that had been until now issued. The issuer retires bonds at the scheduled maturity date of the instruments. Or, if the bonds are callable, the provider has the choice to repurchase the bonds earlier; this is some other form of retirement.
Early retirements of debt may additionally appear due to the fact a organisation has generated adequate cash reserves from operations, and the company desires to quit paying pastime on great debt.
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https://brainly.com/question/29344161#SPJ4Imagine you are a patient who wants to regulate your health care expenses on your own; what type of insurance plan would you use?
A consumer driven health plan is the type of insurance plan to be adopted when a patient who wants to regulate their health care expenses on their own.
What is a consumer driven health plan?This is a branch of health insurance plan that allows an employees/individual to utilize their pretax money to help pay for medical expenses not covered by their health plan.
The common types of consumer-driven health plans are:
health savings accountsflexible spending accountshealth reimbursement arrangements medical savings accountsRead more about health plan
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Go See Darkfur and make sure to give him some appreciation! He Definitely deserves it!
Answer:
Will do !
Explanation:
Only cause u asked nicely ;3
Hope have a wonderful day !
Sleepy~
Using ________, measurements such as testing assumptions about the business, attributes the customers like, and retention rates can be collecteD)
Considering the measurements described above, it is believed that using "innovation accounting" measurements such as testing assumptions about the business, attributes the customers like, and retention rates can be collected.
This is based on the idea made by AI Ries, a renowned marketer who claimed that innovation accounting is a form of evaluation theory that is used to evaluate the difference made to the product and see if this difference is bringing the expected outcomes.
Innovation accounting is used to see beyond the conventional measures such as sales, profits, and return on investment.
Instead, it helps the business owners to examine assumptions about the business, like, sign-ups, and retention rates, etc.
Hence, in this case, it is concluded that the correct answer is "innovation accounting."
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Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
You are planning to withdraw $100 in Year 1, $150 in Year 3, and $200 in Year 5. At a 5% interest rate,what is the present worth of these withdrawals?
Present value\worth of the withdrawals = $381.64.
To calculate the present worth of the withdrawals, one needs to discount each cash flow back to its present value using the given interest rate of 5%. One can use the present value formula:
\(Present Value = Cash Flow / (1 + Interest Rate)^n\)
Where:
Cash Flow is the amount of cash to be received in the future,
Interest Rate is the discount rate, and
n is the number of years in the future.
Let's calculate the present value of each withdrawal:
Year 1 withdrawal: $100
Present Value =\(100 / (1 + 0.05)^1\) = $100 / 1.05 = $95.24
Year 3 withdrawal: $150
\(Present Value =\) \(150 / (1 + 0.05)^3\) = $150 / 1.157625 = $129.59
Year 5 withdrawal: $200
\(Present Value = 200 / (1 + 0.05)^5\) = $200 / 1.27628 = $156.81
Now, add up the present values of the withdrawals to find the total present worth:
Total Present Worth = $95.24 + $129.59 + $156.81 = $381.64
Thus, the present worth of the withdrawals is $381.64.
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On August 31 of the current year, Pine Corp. issued 100,000 shares of its $20 par value common stock for all of the net assets of SAP, Inc. The collection of assets and liabilities acquired do not meet the definition of a business under ASC 805. The fair value of Pine's common stock on the acquisition date was $63 per share. Pine paid a fee of $164,000 to the consultant who arranged this acquisition. Costs of registering and issuing the equity securities amounted to $89,000. What amount should Pine record in total for the net assets acquired?
The amount that Pine Corp. should record for the net assets acquired is $6,300,000.
How much should Pine Corp. record?The amount that should be recorded as the total for net assets acquired, is the fair value of the shares sold to finance the purchase.
In this case that is:
= 100,000 shares x 63 per share
= $6,300,000
In conclusion, $6,300,000 should be recorded.
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suppose that the firm's only variable input is labor. when 50 workers are used, the average product of labor is 50 and the marginal product of labor is 75. the wage rate is $80 and the total cost of the fixed input is $500.what is the marginal cost?
The marginal cost is equal to the variable cost divided by the marginal product of labor, which is $500 / 75 = $80.
The marginal cost represents the additional cost incurred when producing one additional unit of output. In this case, the firm's only variable input is labor, and the wage rate for each worker is $80.
The marginal product of labor (MPL) is the increase in output resulting from employing one additional unit of labor. Given that the marginal product of labor is 75, it means that with each additional worker, the firm is producing 75 more units of output.
The average product of labor (APL) is the total output divided by the number of workers. In this case, with 50 workers and an average product of labor of 50, the total output is 50 units.
Since the wage rate is $80 and the total cost of the fixed input is $500, the variable cost (labor cost) is calculated by subtracting the fixed cost from the total cost, resulting in $500.
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Which of the following statements is true?
Answer:
True
Explanation:
What's the first step that router Z does after receiving the Ethernet frame?
Z checks the FCS on the Ethernet frame first thing after starting up. It drops the packet if it isn't good. Following that, it examines the packet's Ethertype.
After accepting the Ethernet frame, what does Router Z do next?A checksum is calculated, and its value is compared to the checksum in the Ethernet frame header. returns the packages to router Y so that it can confirm them a broadcast message over ARP is sent the IP datagram is left after the Ethernet frame has been removed.
What occurs right away upon a frame's receipt by an Ethernet switch?The switching software analyzes each frame's source address as it is received on each port and adds that source address to a table of addresses that the switch keeps on hand.
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Scientific management is the study of work methods to improve the productivity of _____.
A.accounting practices
B.the supply chain
C.individual workers
D.external vendors
Answer:
C. Individual workers
Explanation:
the top hat division of blandon's fine menswear had the following results last year. sales $5,100,000 operating income $510,000 total invested assets $3,000,000 current liabilities $260,000 management's target rate of return is 24% and the weighted average cost of capital is 18%. what is the top hat division's return on investment (roi)?
The return on investment (ROI) for the Top Hat Division is 17.00%.
What is return on investment?Return on investment (ROI) is a performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments. It is commonly expressed as a percentage and is typically used for personal financial decisions, to compare a company's profitability or to compare the efficiency of different investments. ROI measures the amount of return on an investment relative to the investment’s cost. It is calculated by taking the gain from an investment, subtracting the cost of the investment and dividing the result by the cost of the investment. This calculation provides investors with an idea of how efficient their investment is and whether it is generating a positive return.
This can be calculated by dividing the operating income (ROI) by the total invested assets. In this case, the ROI would be calculated as follows:
$510,000 / $3,000,000 = 0.17 = 17.00%
This return on investment is lower than the target rate of return of 24%. This indicates that the Top Hat Division is not meeting the management's target rate of return and could potentially benefit from some improvements in its operations.
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what is the general direction of centurion from bronkhorstspruit
The general direction of centurion from bronkhorst spruit is to taxi which costs R 1 100 - R 1 400 and typically takes 43 min
This; however, is the fastest way as well to get to Centurion from Bronkhorst spruit.
Bronkhorst Spruit simply refers to a river in the Mpumalanga and Gauteng provinces of South Africa.
Bronkhorst Spruit literally means watercress stream.
What is direction?Direction can simply be defined as that course/path along which someone takes or something moves.
So therefore, the general direction of centurion from bronkhorstspruit is taxi which costs R 1 100 - R 1 400 and takes 43 min
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URGENT When is the unadjusted trial balance completed?
A. After a first set of adjusting entries have been made
B. As a final step in the accounting cycle
C. After all adjusting entries have been made
D. Before any necessary adjusting entries have been made
a business that has too little working capital can take what action?
A business with too little working capital can take several actions to improve its financial situation:
1. Increase sales: By boosting sales through marketing strategies or improving products, the business can generate more revenue and improve its working capital.
2. Reduce costs: Identifying areas for cost reduction and implementing cost-saving measures can help the business preserve its existing working capital.
3. Optimize inventory management: Efficiently managing inventory levels can help to minimize carrying costs and avoid tying up too much capital in inventory.
4. Collect receivables faster: Speeding up the collection of outstanding receivables can improve cash flow and increase working capital.
5. Negotiate better payment terms with suppliers: By negotiating longer payment terms or discounts, the business can reduce its working capital requirements.
6. Secure short-term financing: The business can consider obtaining a short-term loan or line of credit to provide a temporary boost to its working capital.
7. Sell underutilized assets: Selling assets that are not contributing to the company's profitability can free up cash and improve working capital.
By implementing one or more of these strategies, a business with too little working capital can take action to strengthen its financial position and support its ongoing operations.
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2. Analyzing Transactions (economic events)
a. Step 1: Identify the accounts affected by the transaction, and what type of account they are.
b. Step 2: Determine if the accounts are increasing and decreasing.
c. Step 3: Record the increase or decrease into the tabular analysis.
Remember, we only record transactions if the financial position (assets, liabilities or owner's equity) of the company are changed.
Practice Exercise:
Select transactions for Drake Company are as follows:
1. Made cash investments to start a business.
2. Purchased equipment on account.
3. Incurred advertising expense on account.
4. Paid salaries.
5. Billed customers for services performed.
Instructions: For each transaction, describe the effect of each transaction on assets, liabilities and owner's equity.
1. Cash investments to start a business:
- Assets: Increase
- Liabilities: None
- Owner's equity: None
2. Purchased equipment on account:
- Assets: Increase
- Liabilities: Increase
- Owner's equity: None
3. Incurred advertising expense on account:
- Assets: None
- Liabilities: Increase
- Owner's equity: None
4. Paid salaries:
- Assets: Decrease
- Liabilities: None
- Owner's equity: None
5. Billed customers for services performed:
- Assets: Increase
- Liabilities: None
- Owner's equity: Increase
The first transaction involves cash investments to start a business. This increases the company's assets because cash is considered an asset. The second transaction is the purchase of equipment on account, which increases both assets and liabilities. Assets increase because equipment is acquired, and liabilities increase because the purchase was made on account, creating a payable. The third transaction is the incurring of advertising expense on account, which increases expenses and liabilities.
The expense is recorded to reflect the cost of advertising, and since it is on account, it creates a payable. The fourth transaction is the payment of salaries, which decreases assets. Salaries are an expense and result in a decrease in cash, which is an asset. Finally, the fifth transaction involves billing customers for services performed. This increases both assets and owner's equity. Assets increase because the company is entitled to receive payment from customers, and owner's equity increases because revenue is recognized.
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When dealing with customers face-to-face, a good customer service technique is to:
Use a positive tone of voice
Maintain eye contact
Actively Listen
The correct option is B i.e., When dealing with customers face-to-face, a good customer service technique is to maintain eye contact.
What does "customer" mean to you?An individual or business that purchases goods or services from another company is known as a customer. Consumers are crucial to businesses because they generate income; without them, they would cease to exist.
What three roles do customers play?Any marketplace transaction necessitates the participation of at least three client roles: purchasing, which entails making a decision on a good or service; paying for it; and utilizing it. So, a customer can be a user or consumer as well as a buyer or payment.
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Discounting one year what is the present value of a $650 payment in one year when the discount rate is 9 percent?
Answer:
$591.50
Explanation:
Percentage of payment =100%
Percentage discount = 9%
Therefore Percentage of present value = 100-9= 91%
Present value =
\( \frac{91}{100} \times 650 \\ = 591.50\)
A family with an income of 70,000 receives a raise of 2% in a year when inflation is 5%. Find the decrease in purchasing power.
Answer:
They make 3% less per year
Explanation:
I think this is what you're asking but don't quote me on it
How do you make personal choices between satisfying your wants and your needs?
which choice best represents a digital marketing channel? linkedin digital marketing foundation quiz
The option that represents a digital marketing channel is LinkedIn. LinkedIn is a social media platform specifically designed for professionals and businesses.
It's an excellent platform for companies to advertise their goods and services, as well as for job seekers to look for job openings.The definition of digital marketing Digital marketing is a marketing approach that makes use of digital media or technology to promote a product or service. The use of digital marketing channels allows businesses to communicate with their target market in a more efficient and cost-effective way.
The importance of digital marketingDigital marketing is essential for businesses because it allows them to reach their target audience more effectively and efficiently. It provides businesses with the opportunity to communicate with their customers in a more personalized and engaging manner. Digital marketing can also help businesses to create a stronger online presence, increase their visibility on search engines, and drive more traffic to their websites.Overall, digital marketing is a powerful tool that businesses can use to reach their target audience and grow their business.
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According to the video, what qualities do Carpenters need to have? Select three options.
math skills
physical strength
the abilty to work with their hands
language skills
leadership
the ability to motivate other people
the answers are:
1. Math skills
2. Physical strength
3. The ability to work with their hands
I just took the assignment on edge.
Answer:
what video? there is no video
Answer:
math skills
ability to work with their hand
physical strength
Explanation:
all applies to the besic capentry work
Four year universities are the only type of school worth attending. True False
Answer:
false
Explanation:
Answer:
false
Explanation:
there are a number of other reliable schooling options
What is MOST likely TRUE about intellectual property?
A.
It can be a tangible asset.
B.
It is impossible to steal.
C.
It can be invisible.
D.
It does not affect a company’s profits.
Answer:
The answer is most likely...
A. It can be a Tangible asset
Explanation:
Sorry I was late :l
Suppose the risk-free interest rate is 5%, and the stock market will return either +23% or −14% each year, with each outcome equally likely. Compare the following two investment strategies: (1) invest for one year in the risk-free investment, and one year in the market, or (2) invest for both years in the market. a. Which strategy has the highest expected final payoff? b. Which strategy has the highest standard deviation for the final payoff? c. Does holding stocks for a longer period decrease your risk?
According to the Interest Rate Parity (IRP), the forward rate premium of the Mexican peso with respect to the UAE dirham can be calculated as well as the 6-month forward rate.
The formula for calculating the forward rate premium (F) based on IRP is:
F = S * [(1 + r_home) / (1 + r_foreign)]
Where:
F = Forward rate
S = Spot rate
r_home = Home currency interest rate (in this case, the UAE dirham rate)
r_foreign = Foreign currency interest rate (in this case, the Mexican peso rate)
Substituting the given values:
S = 0.18 (peso/dirham spot rate)
r_home = 4% (UAE dirham interest rate)
r_foreign = 6.5% (Mexican peso interest rate)
F = 0.18 * [(1 + 0.04) / (1 + 0.065)]
= 0.18 * 1.04 / 1.065
≈ 0.17544
Therefore, the 6-month forward rate for the Mexican peso with respect to the UAE dirham is approximately 0.17544.
To calculate the forward rate premium (FRP), we compare the forward rate (F) with the spot rate (S):
FRP = (F - S) / S
Substituting the values:
FRP = (0.17544 - 0.18) / 0.18
= -0.00456 / 0.18
≈ -0.0253
The forward rate premium of the Mexican peso with respect to the UAE dirham is approximate -2.53% (a negative sign indicates a discount).
Therefore, based on the Interest Rate Parity, the forward rate premium of the peso with respect to the UAE dirham is approximate -2.53% (a discount), and the 6-month forward rate is approximately 0.17544.
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You want to create an account for a new user, using the username thor and giving the user a uid of 2019. the command to do this is useradd _______.
You want to create an account for a new user, using the username thor and giving the user a uid of 2019. the command to do this is useradd 1926 the.
To add/create a new user, you need to specify the 'username' after the 'useradd' or 'adduser' command. "Username" is the user login name that the user uses to log into the system. You can add only one user, her, and this username must be unique (distinct from other usernames already in the system).
Type useradd -h or useradd --help at the command prompt to answer the questions. No home directory is created, regardless of system settings.
Note that useradd will not create home directories for such users, regardless of the default settings in /etc/login. defs (CREATE_HOME). The -m option must be specified when creating home directories for system accounts.
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how do you manage scarce resources?
By setting the rations ahead of time and sticking to the intended plan as best as possible. Understand your limits to know how to measure the resources.
__________________ innovations are new and useful products that change everything, but particularly customer behavior. __________________ innovations are new and useful products that change everything, but particularly customer behavior. Dynamically continuous Discontinuous Continuous Dynamically discontinuous
Answer: Discontinuous
Explanation: I hope this helps
the principal of a mortgage loan is the
a. down payment minus the closing costs minus the purchase price
b. purchase price plus the closing costs minus the down payment
c. down payment plus the closing costs plus the down payment
d. purchase price minus the closing costs minus the down payment
The down payment less the closing charges less the purchase price is the mortgage loan's principle.
What does a mortgage look like in its simplest form?When you enter into a mortgage with a lender, you give the lender the right to seize the property if they are unable to make the loan amount back plus the interest. You might be able to get a mortgage loan that will enable you buy a new house using the worth of the an existing home as security.
Why do individuals use mortgages?Mortgage loans assist people in financing the purchase of real estate by taking a small portion of the property's overall worth as payment. How Do Mortgages Work A mortgage is a loan used to pay for the upkeep of a home, piece of land, or other kinds of rental properties.
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How to treat someone very mean on their special day??
When I mean special day I mean
Mothers day
Birthday
Meeting
whoever answers the questions correctly and best I will mark them Brainly and will give them more points
Answer:
birthday
Explanation:
- give them a happy birthday card but glue the card shut
- give them a wrapped present but inside the box put nothing but glitter in it