Cone Corporation is in the process of preparing its December 31, 2021, balance sheet. There are some questions as to the proper classification of the following items: A. $50,000 in cash restricted in a savings account to pay bonds payable. The bonds mature in 2025. B. Prepaid rent of $24,000, covering the period January 1, 2022, through December 31, 2023. C. Notes payable of $200,000. The notes are payable in annual installments of $20,000 each, with the first installment payable on March 1, 2022. D. Accrued interest payable of $12,000 related to the notes payable. E. Investment in equity securities of other corporations, $80,000. Cone intends to sell one-half of the securities in 2022.Required:Prepare the asset and liability sections of a classified balance sheet to show how each of the above items should be reported.
Answers
Answer:
Cone Corporation
Assets and Liabilities Sections of the Classified Balance Sheet:
Current Assets:
B. Prepaid Rent $12,000
E. Equity Securities $40,000
Long-term Assets:
A. Restricted Cash $50,000
B. Prepaid Rent $12,000
E. Equity Securities $40,000
Current Liabilities:
C. Notes Payable $20,000
D. Interest Payable $12,000
Long-term Liabilities:
C. Notes Payable $180,000
Explanation:
a. The restricted cash should be treated as a long-term asset since the associated bonds mature in 2025.
b. Half of the Prepaid Rent should be treated as a current asset and the other half as a long-term asset to cover next year and next two years respectively.
c. $20,000 of the Notes Payable is treated as a current liability with the remaining as long-term liabilities.
d. The interest payable is treated as a current liability since it is likely to be paid next year.
e. Half of the investment in equity securities should be treated as a current asset and half as a long-term asset.
Related Questions
communication is tha
Answers
Answer:
key?
Explanation:
ACTIVITY 11 You have been asked to address a group of young people who will be travelling overseas. They will all need to give a short presentation to people in the countries where they are going. What advice would you give them about making such presentations? Explain fully.
Answers
Giving presentations is a skill that is useful in almost every profession. For young people traveling overseas, making presentations can be a daunting task.
Therefore, while addressing a group of young people who will be traveling overseas and who will need to give short presentations to people in the countries where they are going, the following advice can be helpful:
Be Prepared: It is important to be well-prepared before making a presentation. Therefore, one should always carry an extra copy of the presentation and practice it before presenting it to an audience. Additionally, one should ensure that all the equipment required for the presentation, such as projectors and laptops, are in good working condition. One should also make sure that the internet connection is working well to avoid any technical hitches that may interrupt the presentation.
Research the Culture: The young people traveling overseas should do their research on the countries they will be visiting, and their cultures. They should be aware of the cultural practices of the people they will be presenting to so that they can adapt their presentation to suit the audience's culture. For instance, if presenting to a culture that values eye contact, then one should maintain eye contact while speaking during the presentation.
Dress Code: It is important to be mindful of the dress code when making a presentation in a foreign country. Young people traveling overseas should find out about the dress code in the country they will be visiting, and they should dress appropriately. Wearing the appropriate clothing sends a message that one has respect for the culture and traditions of the country they are visiting. Therefore, one should avoid wearing clothing that may be considered offensive or inappropriate.
Flexibility: Young people traveling overseas should be flexible with their presentations. They should be prepared to adjust their presentations depending on the audience's response. If the audience does not respond well to a particular point in the presentation, then one should be prepared to move on to the next point or adjust the presentation accordingly. Being flexible during a presentation shows that one is sensitive to the needs of the audience and is willing to adapt to meet their needs.
In conclusion, making presentations in a foreign country can be challenging. However, with proper preparation and research, young people traveling overseas can make successful presentations.
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price elasticity of demand for electricity
Answers
The price elasticity of demand for electricity reflects the sensitivity of electricity consumption to price changes.
The price elasticity of demand for electricity is a measure of the responsiveness of electricity consumption to changes in its price. It is calculated as the percentage change in quantity demanded divided by the percentage change in price.
Understanding the price elasticity of demand for electricity is important for policymakers, electricity providers, and regulators in making informed decisions.
In the short run, the price elasticity of demand for electricity tends to be relatively low or inelastic. This means that changes in the price of electricity have a relatively small effect on the quantity demanded.
Electricity is considered a necessary and essential good for many households and businesses, and there are limited substitutes available in the short run.
In the long run, the price elasticity of demand for electricity becomes more elastic. Consumers and businesses have more flexibility to respond to price changes by adjusting their behavior, investing in energy-efficient technologies, or switching to alternative energy sources.
The availability of substitutes and technological advancements play a significant role in increasing the elasticity of demand over time.
It is important to note that the price elasticity of demand for electricity can vary across different consumer segments and regions. Industrial and commercial consumers often have more options to adjust their electricity consumption patterns and tend to have a higher elasticity of demand.
Residential consumers, on the other hand, may have fewer alternatives and exhibit a lower elasticity of demand.
It helps policymakers and stakeholders anticipate the impact of price fluctuations and design effective policies related to pricing structures, subsidies, energy efficiency programs, and the promotion of renewable energy sources.
Understanding the price elasticity of demand for electricity is crucial for balancing economic, environmental, and social goals in the energy sector.
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Which of the following is an example of a financial
plan?
a.) Tarheel Coffee intends to implement a social
responsibility program aimed at community
youth within the first six months of business.
b.) Tarheel Coffee needs an investment of
$125,000 to open and is estimated to break
even within the first eight months of
opening.
Answers
Answer: The answer is B. Hope this helps :)
Explanation:
The cost to make 3 large candles and 5 small candles is $6. 90. The cost to make 4 large candles and 6 small candles is $8. 90. How much more does it cost to make a large candle than a small candle?.
Answers
We used the method of elimination to find that it costs $1.10 more to make a large candle than a small candle. This problem demonstrates how we can use algebra to solve real-world problems involving multiple variables.
Let's use the method of elimination to solve this problem. We know that the cost to make 3 large candles and 5 small candles is $6.90, and the cost to make 4 large candles and 6 small candles is $8.90. We can subtract the first equation from the second equation to eliminate the small candles and find the cost of making one large candle as follows:
(4 large candles + 6 small candles) - (3 large candles + 5 small candles) = $8.90 - $6.90
1 large candle + 1 small candle = $2.00
1 large candle = $2.00 - 1 small candle
Now we can substitute the expression for 1 large candle into the first equation to eliminate the large candles and find the cost of making one small candle as follows:
3 large candles + 5 small candles = $6.90
3($2.00 - 1 small candle) + 5 small candles = $6.90
$6.00 - 3 small candles + 5 small candles = $6.90
2 small candles = $0.90
1 small candle = $0.45
Therefore, the cost of making one large candle is:
1 large candle = $2.00 - 1 small candle
1 large candle = $2.00 - $0.45
1 large candle = $1.55
And the cost of making one small candle is:
1 small candle = $0.45
So, the difference between the cost of making one large candle and one small candle is:
$1.55 - $0.45 = $1.10
Therefore, it costs $1.10 more to make a large candle than a small candle.
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give the advantages of business partnership structures
Answers
Answer:
Your welcome! Hope you have a nice wonderful day :)
Explanation:
One of the advantages of having a business partner is sharing the labor. Having a partner may not only make you more productive, but it may afford you the ease and flexibility to pursue more business opportunities. It might even eliminate the downside of opportunity costs.
applicable to Performance Based Logistics (PBL).
Question 1 of 8.
Which of the following provides guidance related to Product Support and Performance Based Logistics (PBL) policies? (Choose three that Apply)
DOD PBL Guidebook: A Guide to Performance Based Arrangements
DoD Instruction 5000.02, Enclosure 6 "Life Cycle Product Support"
DOD Product Support Manager Guidebook
DAG Chapter 4 "Systems Engineering"
Mark for follow up
Save / Return Later
Summary
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Answer:
jwkwkwkwj
Explanation:
nssjkswkwkwkwk....
Recently, "de-dollarization" has become a hot topic of global discussion. Recently, a Chinese think tank published an article saying that the trend of global de-dollarization has become very clear, and many countries in the world are working hard to reduce their dependence on the US dollar. The main driving force for this trend is my country's weaponization of its currency through excessive sanctions.
Answers
De-dollarization, or the reduction of dependence on the US dollar in global financial transactions, has indeed gained attention in recent years. While it is true that some countries are actively working to diversify their currency holdings and reduce reliance on the US dollar, it is essential to consider multiple factors that contribute to this trend.
One of the factors that have led to discussions about de-dollarization is the use of economic sanctions by the United States. Economic sanctions can be a powerful tool for a country to exert pressure on another nation, but they can also have unintended consequences. When the US imposes sanctions, it often restricts access to the US financial system, which is heavily reliant on the US dollar. This has prompted some countries to explore alternative methods of conducting international trade and finance to mitigate the impact of sanctions.
China, as a rising economic power, has been at the forefront of efforts to promote de-dollarization. It has taken steps to internationalize its currency, the yuan (also known as the renminbi), and has established currency swap agreements with various countries to facilitate trade settlements in yuan. Additionally, China has been promoting the use of its currency in international transactions through initiatives like the Belt and Road Initiative, which aims to enhance trade connectivity and financial integration among participating countries.
While weaponization of the US dollar through sanctions is indeed a contributing factor to the de-dollarization trend, it is not the sole driver. Other factors include concerns about the long-term stability of the US dollar, efforts by countries to reduce vulnerability to currency fluctuations, and geopolitical considerations. Some countries view de-dollarization as a way to enhance their economic and financial sovereignty, diversify risk, and reduce exposure to potential US policy changes.
It is important to note that the process of de-dollarization is gradual and complex. The US dollar still remains the dominant global reserve currency and the primary currency for international trade. The global financial system has deep-rooted structures and networks that make a rapid shift away from the US dollar challenging. However, as various countries seek to reduce their dependence on the US dollar, we can expect ongoing discussions and actions related to de-dollarization in the global economic landscape.
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To avoid plagiarism on a sentence and paragraph level, you should provide in-text references to acknowledge others' ideas. Furthermore, you should document all references appropriately, including (1) direct quotations, (2) paraphrasing, and (3) other instances in which you borrow or reference the ideas of others.
When writing research papers of any kind, correctly recognizing sources of information and ideas is critical. In this exercise, you will evaluate whether various statements are plagiarized or not. For those statements that are plagiarized, you will state whether it is plagiarized for one of four reasons: not acknowledging the source of ideas, not correctly acknowledging direct quotations, not paraphrasing sufficiently, or not correctly acknowledging the source of ideas.
Read the case below and answer the questions that follow.
Assume that you are writing about green hotels and eco-friendly meetings. You have access to the following word-for-word passages from two sources. These passages will be the basis of the exercises.
Stewart, J. (2012). The greening of hotels. New York: Williams-Anderson Group.
Most hotel executives have recognized that the demand for greener hotels has reached a tipping point. They expect a quickly accelerating demand for greening in all dimensions of hotels: energy usage, carbon emission, impact on local environments, and water consumption. As one executive told me, "The current operations model simply won't work any longer. We've got to adapt to shifting demands, and do it within three to five years. Or, we're toast." (from page 14)
Mendez, E. (2011). Marketing eco-friendly meetings. San Francisco: Finch & Sons Publishing.
Our research shows that 20 percent of conference attendees expect eco-friendly meetings. But, that doesn't tell the story, and any convention center, hotel, or other conference host that thinks the demand for green conferences will not become a significant share of the market is delusional. From our research, here are the statistics that matter most: 75 percent of conference planners say their employers demand more eco-friendly meetings to reach CSR initiatives, and 60 percent of conference planners now believe eco-friendly conferences cost less. (from page 3)
Mendez (2011) has conducted research that shows 20 percent of conference attendees expect eco-friendly meetings. She also points out, however, the following statistics that matter most: 75 percent of conference planners say their employers demand more eco-friendly meetings to reach CSR initiatives, and 60 percent of conference planners now believe eco-friendly conferences cost less.
Plagiarized—not paraphrasing sufficiently
Not plagiarized
Plagiarized—not correctly acknowledging direct quotations
Plagiarized—not acknowledging the source of ideas
Answers
In the given scenario of plagiarism it is Plagiarized not acknowledging the source of ideas
Check for Plagiarism advises that copying research or quotes might have serious consequences in the academic environment. For plagiarizing, students have been expelled. Professors have lost their jobs. It is frequently simpler to get away with it in business. Although the definition of plagiarism seems straightforward, actually using it is not usually that simple. Few concepts are completely original. It might be challenging to distinguish between simply being inspired by someone else's concept and actually copying it. The line separating legal and illegal uses of copyrighted content is also hazy. While most firms would not have an issue reusing their prior efforts, Bowdoin College claims that it is unethical to use portions of previous papers in a different class.
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Economists believe that the fiscal stimulus of 2009 was
not very effective because the large deficits and growing debt created an uncertain business
climate.
O very effective because the small deficits and shrinking debt created a positive business
climate.
O very effective because the large deficits and growing debt created an uncertain business
climate.
not very effective because the small deficits and shrinking debt created a positive business
climate.
O unrelated to federal debt or the business climate.
Answers
Economists believe that the fiscal stimulus of 2009 was not very effective because the large deficits and growing debt created an uncertain business climate is: B. very effective because the large deficits and growing debt created an uncertain business climate.
Why does economists believe that the fiscal stimulus of 2009 was not very effective ?When the government spends more than it collects in taxes, it runs a deficit, which increases the national debt. The fiscal stimulus package of 2009 involved a significant increase in government spending, which led to large deficits and a growing national debt.
This, in turn, created uncertainty among businesses, as they were unsure about the long-term impact of this level of government spending and debt on the economy. Some economists argue that high levels of government debt can lead to higher interest rates and inflation, which can make it more difficult for businesses to invest and plan for the future.
Therefore the correct option is B.
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Prompt: In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.
PLEASE ANSWER ASAP. I am writing my essay about Rihanna. If anyone could help me, I would appreciate it. Due in 1 week.
Answers
A free enterprise system was necessary because it allows people to do what they do best while trading for the rest, of free enterprise, works. Competition is a driving force behind the free enterprise, resulting in increased efficiency and lower consumer prices.
What is the advantage of free enterprises?The benefits of the US Free Enterprise System to producers and consumers include the freedom to own private property, producers producing at their own profit, consumers and producers having control over themselves, increased efficiency, and adequate use of available resources.
A free enterprise system allows individuals to make their own economic decisions without being constrained by the government. It enables consumer supply and demand to determine the success or failure of an economic venture.
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Given the following information for Blue Bell Company for last year: Net sales (all on account) $5,200,000 Cost of goods sold 2,080,000 Interest expense 240,000 Income tax expense 280,000 Net income 420,000 Income tax rate 40% Total assets: January 1 $1,800,000 December 31 2,400,000 Shareholders' equity (all common): January 1 1,500,000 December 31 1,600,000 Current assets, December 31 700,000 Quick assets, December 31 400,000 Current liabilities, December 31 300,000 Net accounts receivable: January 1 200,000 December 31 180,000 Inventory: January 1 210,000 December 31 250,000
Refer to table: Blue Bell's current ratio at December 31 was:____.
a. 2.33 times
b. 3.67 times
c. 0.43 times
d. 1.33 times
Answers
Based on the information given Blue Bell's current ratio at December 31 was:
a. 2.33 times.
Using this formula
Current ratio=Total current assets/ Total current liabilities
Where:
Total current assets=$700,000
Total current liabilities=$300,000
Let plug in the formula
Current ratio=$700,000/$300,000
Current ratio=2.33 times
Inconclusion Blue Bell's current ratio at December 31 was:
a. 2.33 times.
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Calculate the cost of goods manufactured using the following information: Direct materials used $ 298,800 Direct labor used 132,300 Factory overhead costs 264,300 General and administrative expenses 85,800 Selling expenses 49,100 Work in Process inventory, January 1 118,800 Work in Process inventory, December 31 126,200 Finished goods inventory, January 1 232,400 Finished goods inventory, December 31 239,000
Answers
Answer:
$687,100
Explanation:
Cost of Goods Manufactured = Raw Materials Used + Direct Labor + Factory Overhead +Beginning Work in Process - Ending Work in ProcessCost of Goods Manufactured = $298,500 + $132,000 + $264,000 + $118,500 - $125,900 =$687,100
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How does low unemployment affect international trade?
Answers
Answer:
Impact of international trade on unemployment
In a relatively skill-abundant country, international trade increases the relative price of the skill-intensive products. This reduces the unemployment rate of skilled workers and increases the unemployment rate of unskilled workers.
Explanation:
The owner of Kat Motel wants to develop a time standard for the task of cleaning a cat cage. In a preliminary study, she observed one of her workers perform this task six times, with the following results:
Observation
1
2
3
4
5
6
52
Time (seconds)
27
30
54
69.8
98
What is the standard time for this task if the employee performance rating is 5.9% percent, and an allowance of 10.8 percent of job time is used?
seconds
Answers
Given: 1 2 3 4 6 Observation Time 5 93 99 87 90 81 90. Observed Time = Average of 6 samples -> ( 99+87 + 90 + 81 + 93 + 90 )/6 = 90. This observed time is at 50% faster rate. Hence Normal Time would be 90*3/2 = 135 seconds.
Standard Time : The standard time for a job can be obtained by multiplying the normal time by an appropriate allowance factor. Hence Standard Time = 135*1.1 = 148.5 ~ 150 seconds.
The synchronisation of clocks inside an area of geography to a single time standard, instead of a local mean time standard, is known as standard time. In general, standard time agrees with local mean time at a few meridian that passes through the area, usually near the centre. Standard time was established in the nineteenth century to help with weather forecasting as well as train travel. Geographical regions became time zones when they were applied globally in the twentieth century.
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The paid-off portion of your mortgage at any point in time is called the __________., a. equity, b. principal, c. down payment, d. line of credit
Answers
Answer:
b is answer i think ..........
Anything called money will be
A. large and heavy
B. easy to create
C. scarce
D. backed by gold
Answers
The answer is: D. Backed by gold.
use the tax table below to determine each of the following values if you’re adjusted gross income it’s $20,000
1. Your tax liability if you are filing single using the standard deduction of $12,500 and
have no adjustments, itemized deductions, or tax credits.
2. Your tax liability if you are filing single using the standard deduction of $12,500, have
a child tax credit of $500 and no other adjustments, deductions or credits.
Answers
The tax liability after the child tax credit is $254.
To determine each of the following values using the tax table below if your adjusted gross income is $20,000:1. Your tax liability if you are filing single using the standard deduction of $12,500 and have no adjustments, itemized deductions, or tax credits:Here, the taxable income can be calculated by subtracting the standard deduction from the adjusted gross income.
Taxable Income = Adjusted Gross Income - Standard Deduction= $20,000 - $12,500= $7,500Now, find the row that corresponds to the taxable income in the tax table and determine the tax liability. From the table, the tax liability is $754.2.
Your tax liability if you are filing single using the standard deduction of $12,500, have a child tax credit of $500 and no other adjustments, deductions, or credits:First, calculate the taxable income as in the previous part.Taxable Income = Adjusted Gross Income - Standard Deduction= $20,000 - $12,500= $7,500.
Next, calculate the tax liability using the tax table that corresponds to the taxable income.From the table, the tax liability is $754.Then, subtract the child tax credit from the tax liability.Tax Liability = $754Child Tax Credit = $500Tax Liability after the Child Tax Credit = $754 - $500= $254.
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What generalization can be made according to the information from the USDA on agricultural productivity from 1948 to 2000?
A U.S.agricultural total factor productivity has decreased, while input has increased.U.S.agricultural total factor productivity has decreased, while input has increased.
B U.S. agricultural total factor productivity growth has exceeded agricultural input growth.U.S. agricultural total factor productivity growth has exceeded agricultural input growth.
C U.S. agricultural input has more than doubled in the last 50 years.U.S. agricultural input has more than doubled in the last 50 years.
D U.S. agricultural output has exceeded total factor productivity in the last 50 years.
Answers
The generalization that can be made according to the information from the USDA on agricultural productivity from 1948 to 2000 is B. U.S agricultural total factor productivity growth has exceeded agricultural input growth
What is agricultural productivitymResearch and development, extension, education, infrastructure, and government initiatives are the most significant sources of productivity change in agriculture.
The ability to produce enough food is a key element of food security. A significant strategy to reduce the amount of land required for farming and to slow environmental deterioration and climate change caused by processes like deforestation is to increase agricultural production through sustainable techniques.
In this case, the agricultural total factor productivity growth has exceeded agricultural input growth in the United States. This was due to the funding of the sector as well as the research and development.
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What are 2 key benefits of budgeting?
Answers
Budgeting allows for effective financial management, empowering individuals and organizations to control their finances, plan for the future, achieve goals, and enhance long-term security.
Budgeting offers several key benefits for individuals, households, businesses, and organizations. Here are two key benefits of budgeting:
Financial Control and Planning: Budgeting provides a framework for financial control and planning.
By setting clear financial goals and allocating resources effectively, individuals and organizations can have better control over their income, expenses, and overall financial situation. Budgeting allows for proactive decision-making, as it helps identify areas of overspending or potential savings, enabling adjustments and course corrections as needed.
It helps in prioritizing expenses, reducing wasteful spending, and ensuring that financial resources are allocated in line with priorities and objectives.
Goal Achievement and Future Security: Budgeting plays a crucial role in goal achievement and future security. By setting specific financial goals, such as saving for a house, education, retirement, or business expansion, budgeting helps individuals and organizations allocate resources towards these goals systematically.
It provides a roadmap for saving and investing, ensuring progress towards long-term objectives. Budgeting also helps in managing debt effectively, reducing financial stress, and building a strong financial foundation for the future.
By establishing savings and emergency funds, budgeting provides a safety net, enhancing financial resilience in case of unexpected events or economic downturns.
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Caleb wants to start a business in the health and wellness industry, but before taking the time and effort to create this business, he should know how this business sector has recently performed and where it is headed. Basically, Caleb needs to educate himself on _____.
Group of answer choices
industry trends
marketing materials
tax practices
Human Resources
_____ accountants prepare financial information for people who are both inside and outside the company to assess if the company is performing well.
Group of answer choices
Inspection
Quarterly
Financial
Managerial
If Cameron prepares information—such as reports on costs and operations—for the use of employees only, what type of accountant is he?
Group of answer choices
Managerial
Financial
Tax-specific
Educational
Jonathan and his partner Drew understand they need to create a document to address stipulations for working with their vendors who supply building materials and home decor staging products for their home show. While drafting a contract, what key principles should Jonathan and Drew remember?
Group of answer choices
Professional representation; legal structure
Exchange of value; offer and acceptance
Legal structure; exchange of value
Offer and acceptance; professional representation
Answers
In order to know how the business has performed recently, Caleb should educate himself on industry trends.
Financial accountants prepare financial information for people who are both inside and outside the company.
If Cameron prepares information for employees only, the type of accountant he is Managerial accountant.
The key principles that Jonathan and Drew should remember are Exchange of value; offer and acceptance.
What should Caleb do?It would be best if Caleb was knowledgeable about the business he wants to go into so that he can know if he can make a profit of a loss from the industry. He should therefore try to learn about the trends in the industry.
What type of accountants are there?Financial accountants are those who prepare the financial statements of a company according to known accounting standards such as IFRS and U.S. GAAP because these statements will be used by people both inside and out of the company.
Management accountants on the other hand, make reports that help employees make decisions about the company and are not meant for external stakeholders.
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On January 1, 2017, Chamberlain Corporation pays $503,200 for a 60 percent ownership in Neville. Annual excess fair-value amortization of $19,800 results from the acquisition. On December 31, 2018, Neville reports revenues of $460,000 and expenses of $328,000 and Chamberlain reports revenues of $784,000 and expenses of $440,000. The parent figures contain no income from the subsidiary. What is consolidated net income attributable to Chamberlain Corporation
Answers
Answer:
Explanation:
Calculation to determine consolidated net income attributable to Chamberlain Corporation
Using this formula
Consolidated net income attributable to Chamberlain Corporation=[(Neville Revenues-Neville Expenses)+(Chamberlain Revenues-Chamberlain Expenses)- Annual excess fair-value amortization]-[(Neville Revenues-Neville Expenses)-Annual excess fair-value amortization*percentage of ownership in Neville.
Let plug in the formula
Consolidated net income attributable to Chamberlain Corporation=[($460,000-$328,000)+($784,000-$440,000)-$19,800]-[($460,000-$328,000)-$19,800*40%]
Consolidated net income attributable to Chamberlain Corporation=($132,000+$344,000-$19,800)-($132,000-$7,920)
SBA a business from any of the THREE sectors and conduct a research using newspaper clips, business articles, any business magazines, News 24 and a other business websites to answer the following Research (Part A) for your Select a business business questions. (Collect FIVE resources) must be NB After choosing the sector you able to motivate your answer then provide picture/ newspaper article of the business -You must identify challenges experienced by the business and classify those challenges according to the three Business Environments and state the extent of control.
Answers
Selecting a business from one of the three sectors, conducting research using newspaper clips, business articles, any business magazines, News 24, and other business websites to answer research (Part A) questions. This article will discuss the challenges faced by the business and classify them based on the three business environments. The business selected for this research is Sasol, which belongs to the primary sector. Sasol is an integrated energy and chemicals firm with operations in over 30 countries and more than 30,000 employees. It mines coal and convert it into synthetic fuels and chemical feedstock. Sasol operates in a challenging environment, and it faces many challenges. However, in this research, we will discuss the most important challenges faced by Sasol. The following are the difficulties Sasol faces: Environmental challenges: Sasol is a large company, and it emits greenhouse gases, which affect the environment. Furthermore, environmental regulations have become more stringent, which is a significant challenge for the company. Sasol must adhere to environmental regulations, which will impact its operations. Sasol must also protect its reputation, which is critical to its success. Sasol should be proactive in responding to environmental challenges by investing in renewable energy and ensuring that it adheres to environmental regulations. Economic challenges: Sasol faces economic challenges, including fluctuating oil prices, currency volatility, and rising operating costs. These issues are beyond the company's control, and they can have a significant impact on Sasol's financial performance. Sasol must adapt to economic changes by diversifying its revenue streams and improving its operational efficiency. Social challenges: Sasol faces social challenges such as workforce diversity, employee engagement, and community relations. Sasol must address these challenges by fostering a diverse and inclusive culture, promoting employee engagement, and engaging with the community. Sasol must also ensure that its business practices align with the expectations of its stakeholders, including customers, employees, and investors. In conclusion, Sasol faces many challenges, which can be classified into three categories: environmental, economic, and social. Sasol has limited control over some of these challenges, but it must be proactive in responding to them to ensure its long-term success.
A business that you can select for this analysis is the importation of cars into a country. Some challenges that may affect the importation of cars include import duties and trade agreements between nations.
What are business challenges?Business challenges refer to those problems that are encountered by entrepreneurs who want to go into any area of trade. For those into the importation of cars and other such items, excessive import duties might be limiting to them.
They may also experieice trade agreements sbetween nations and rising forex that amy not be favorable for trade.
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What motivates people to buy certain products?
Answers
Discuss an example of a work-related project that is able to be broken down into structure, tasks, subtasks, and work packages, and why project management in the form of a CPM/PERT chart would be cost effective.
Answers
Answer: CPM/PERT charts are very resourceful tools that help schedule and manage complex projects
Explanation:
CPM/PERT charts are very resourceful tools that help schedule and manage complex projects. A critical path analysis is vital when considering this as it determines the failure or success on the projects. They can also be used for assessing the problems faced during implementation of plans.
PERT is a variant of Critical Path Analysis that takes a more skeptical view of the time needed to complete each project stage.
Computerized order processing system: Hardware a) Installation -> Area Prep -> Tech/Engineer-> Wiring ->Connections b) Testing->Connections->Wiring->Servers
Which type of business is owned by anyone who wants to buy stock?
sole proprietorship
limited partnership
public corporation
private corporation
(I think the answer is public corporation)
Answers
The type of business owned by someone who wants to buy stock is C. public corporation.
What is a public corporation ?A public corporation is a type of business organization that is owned by shareholders who can buy and sell stocks in the company. When a person buys stock in a public corporation, they become a part owner of the company and have a financial stake in its success.
Public corporations are usually large, well-established companies that have gone through the process of an initial public offering (IPO) to raise funds by selling shares of ownership to the public.
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Answer: public corporation
Explanation:
2. Ernesto purchased a used car for $6800. He paid 64% sales tax. How much tax did he pay?
Answers
Ernesto payed $ 4352 in tax
During November Kobe Orr invested $300 in a new pet-sitting business Kobe's Cats.During its first month of operations Kobe's Cats performed services and billed customers $750 paid $150 for advertising and collected $500 from customers.Use the following tabular analysis to determine Kobe's Cats' Cash balance at the end of Novemberimg A)$1050 B)$900 C)$650 D)$350
Answers
Using tabular analysis, Kobe's Cats' Cash balance at the end of November is C) $650.
What is a tabular analysis?A tabular analysis is a quantitative analysis that uses a table to determine account balances.
Tabular analyses are also used to show the effects of transactions on the accounting equation and the accounts affected by each transaction.
Tabular analysis comes in handy in place of general ledger accounts in managerial accounting for analyzing accounts by showing data values in columns and rows.
Tabular Analysis:Cash Accounts Common Stock Retained
Receivable Earnings
1. $300 $300
2. $750 $750
3. -150 -150
4. 500 -500
Balance $650 $250 $300 $600
Transaction Analysis:Cash $300 Common Stock $300
Accounts Receivable $750 Service Revenue $750
Advertising Expense $150 Cash $150
Cash $500 Accounts Receivable $500
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The ____ major responsibility for keeping all dishes and utensils sanitary
Answers
The complete statement is "The food handler's major responsibility for keeping all dishes and utensils sanitary"
Who is a food handler?Generally, A person is considered to be a food handler if they directly touch food, whether it be packaged or unpackaged, as well as the apparatus and utensils used to make or serve food, and/or the surfaces where food is prepared or served.
In conclusion, The whole statement reads as follows: "The food handler has the primary responsibility for maintaining the cleanliness of all dishes and utensils."
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In the context of the barriers to international trade, which of the following is the best way to jump over sociocultural barriers?
a.
Establishing production standards
b.
Developing ethnocentric marketing practices
c.
Evaluating the economic conditions of a market
d.
Conducting thorough customer research
Answers
Answer: In the context of the barriers to international trade, Conducting thorough customer research is the best way to jump over sociocultural barriers.
Explanation:
Many businesses who are entering the global market misunderstand the constant challenge offered by sociocultural barriers. Although global consumer trends have become more uniform, values, languages, and decision-making processes still pose significant challenges for businesspeople trying to engage with partners in different nations.
Those with experience in international trade are aware of the existence of sociocultural barriers and actively work to overcome them in order to further their business endeavors by Conducting thorough customer research, which helps in breaking the ice with customers of different uniform, values, and languages.
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