Consider the following transactions for Huskies Insurance Company:
a. Equipment costing $42,000 is purchased at the beginning of the year for cash. Depreciation on the equipment is $7,000 per year.
b. On June 30, the company lends its chief financial officer $50,000; principal and interest at 7% are due in one year.
c. On October 1, the company receives $16,000 from a customer for a one-year property insurance policy. Deferred Revenue is credited.
Required: For each item, record the necessary adjusting entry for Huskies Insurance at its year-end of December 31. No adjusting entries were made during the year. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.)

Answer:

the long-run market supply curve and the short-run market supply curve and the demand curve all intersect at the same point.

Explanation:

here are the options to this question

the long-run market supply curve and the short-run market supply curve and the demand curve all intersect at the same point.

is above the point where the short-run market supply curve and the demand curve intersect.

shifts upward. is below the point where the short-run market supply curve and the demand curve intersect.

shifts downward.

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

When the market earns zero economic profits, the long-run market supply curve and the short-run market supply curve and the demand curve all intersect at the same point.

The forces of supply and Demand will influence the wage, food cost and rent of Charles and Ebony's budget because they will determine how much is spent or allocated for the various expenses.

Demand and supply is an economic principle that describes the ways good and services are transacted in an open market.

This means that if all economic factors remain constant,  the price for a unit of a product or other traded commodities such as labor or liquid financial assets, will continue to shift or adjust until it meets at a point where the quantity which is demanded in a market at the current price will equal the quantity supplied at the current price.

This adjustment will result  in an economic equilibrium for price of the commodity and the quantity of that commodity  transacted.

Therefore, for Charles and Ebony's budget, the amount allocated to wages, rent and food cost will continue to adjust until they are able to purchase at a given market price based on the forces of demand and supply.

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When trying to decide the major you want in your college years, you should go about the decision by selecting the best option.

To decide your college major, you need to apply the steps in the Decision - making process which are:

The first step would be to define the problem which is that you need to pick a college major that fit into your plans for life and that you would actually be interested in.

Then, you need to gather information of the various majors available. This is an exhausting step because you'll have to talk to your family and friends, attend college preparation fairs, talk to your guidance counselor, do research online etc.

Once you find out different majors, you then need to evaluate the information that you have to see how they fit into your plans. From this evaluation, you then select the best major for you or at least have a shortlist of 3 courses. Then take action by applying to colleges with these majors in mind.

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Answer:

D) Stakeholders

Explanation:

A stakeholder is any person, firm, or group that has an interest in the performance of a project, event, or institution. Stakeholders are affected in one way or another by the outcome of an event or process.  For a business organization, stakeholders are the people likely to incur losses or benefits depending on its financial performance. They include employees, investors, suppliers, shareholders, the government, and management.

The percentage change in total productivity 1. %increase = 13.3%

2. a. Increase = 11.5%

b. Increase = 37%

c. Increase = 10.8%

How to calculate Current and Expected year?

Productivity = total output/ total input

Productivity = weekly hairstyle/ (weekly labor cost + weekly energy cost + weekly material cost)

1. Current productivity:

Productivity = $0.15 per hairstyle

Expected productivity:

Productivity = 300/(1010+350+325)

Productivity = $0.17 per hairstyle

% increase = ($0.17/0.15) -1

%increase = 13.3%

2. a. labor productivity

productivity =total output/total input

current productivity = 250/960

current productivity = $0.26 per hair style

Expected productivity = 300/1010

Expected productivity = $0.29 per hair style

Increase = (0.29/0.26) -1

Increase = 11.5%

b. energy productivity

current productivity = 250/400

current productivity = $ 0.62 per hairstyle

expected productivity = 300/$350

Expected productivity = $0.85 per hairstyle

Increase =(0.85/0.62)-1

Increase = 37%

c. material productivity

current productivity = 250/300

current productivity = $0.83 per hair style

expected productivity = 300/$325

Expected productivity = $0.92 per hairstyle

Increase = (0.92/0.83)-1

Increase = 10.8%

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Answer:

BJ

Explanation:

Hi is the hard worker

so, he is the best

Providing him with 360-degree feedback from customers, co-workers and managers to give him insight into how his behavior is perceived will help improve his performance.

A 360-degree feedback refers to a process that allows employees to receive feedback from the people who work around them.

In conclusion, the feedback will let him know how to improve on his work performance.

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Answer

$92.225

Explanation

Straight pay is calculated by multiplying the hourly rate by the number of hours you worked.  11.90dollars by 7.75 equals 92.225dollars.

Answer and Explanation:

The computation of the debt to asset ratio is shown below:

Debt to Assets Ratio = (Total Debts ÷ Total Assets) × 100

= $60,000 ÷ $66,000 × 100

= 90.91%

This debt to asset ratio represents that 90% is the liability corresponding to the assets this shows that it is more leverages and more risky for taking more loans. And the loan application would be rejected as the bank would feel that the debt to asset ratio is high leveraged and contains huge risk

Answer:

ethnic discrimination

Explanation:

it cant be the other if the unfair treatment is due to how somebody looks due to being from a different country

Answer:

ethnic discrimination

Explanation: Got it right on my test!

The M-1 category of money supply includes money that is quickly and easily accessed.

Cash, demand deposits that can be redeemed for checks, and traveler's checks are all examples of the highly liquid M1 money supply. M2 money supply, which consists of M1 plus certificates of deposits, money market funds, savings and time deposits, and more, is less liquid than M1.

The total amount of money—cash, coins, and balances in bank accounts—in circulation is known as the money supply. The money supply is typically understood as a collection of secure assets that individuals, businesses, and governments can use to make payments or hold as short-term investments.

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Money that can be rapidly and conveniently obtained falls under the M-1 category of the money supply.

The highly liquid M1 money supply includes cash, demand deposits that can be redeemed for checks, and traveler's checks. Less liquid than M1, the M2 money supply is made up of M1 plus certificates of deposits, money market funds, savings and time deposits, and more.

The money supply is the entire amount of money—cash, coins, and bank account balances—in circulation. Generally speaking, the money supply is viewed as a group of safe assets that people, companies, and governments can use to make payments or keep as short-term investments.

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Explanation:

it is so weird, but try to understand

The  coefficient of elasticity of demand for beans using the arc elasticity approach is -0.75.

The degree to which demand responds to a change in an economic factor is referred to as demand elasticity. The most common economic factor used to calculate elasticity is price.

Arc elasticity is a different approach to measuring elasticity than price elasticity. Demand is classified as unit elastic, elastic, or inelastic based on whether its elasticity is equal to, greater than, or less than one.

The formula for calculating elasticity of demand using the arc elasticity approach is attached. Using that formula the arc elasticity coefficient for the beans is -0.75.

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Answer:

The correct answer is the option E: Both a. and c. are the correct.

Explanation:

On the one hand, the stockholders of a company are those who buy a stock or share of the company in order to make money by investing in that stock. When an investor owns that stock he can decide between keeping it in order to obtain dividends later or to sell it by a higher price as well later.

On the other hand, a bondholder of a company is the person who decides to buy a bond from the company and that action focus on the lending of money from the boldholder to the company who agrees to return that money later with interest. In a case of bankrupcy, bondholders are the ones who are paid first. The fact that they choose how much to lend and can pressure the company to return the money is why their actions can affect the stockholders.

Answer:

The correct answers are:

1) People face trade-offs

2) The cost of something is what you give up to get it

3) Rational people think at the margin

4) People respond to incentives

5) Trade can make everyone better off

6) Markets are usually a good way to organize economic activity

7) Governments can sometimes improve market outcomes

8) A country's standard of living depends on its ability to produce goods and services

9) Prices rise when the government prints too much money

10) Society faces a short-run tradeoff between Inflation and unemployment.

Explanation:

To begin with, those ten principles of economics were first introduce by Gregory Mankiw in the book he wrote name Principles of Economics and he devided the principles in sections in where he organized the way everything was connected. Therefore that there are three major headlines of that are: How people make decisions; How people interact with each other; and the forces and trends that affect how the economy as a whole works.  

Answer:

The answer is B. 8.4%

Explanation:

To solve this, we will use Capital Asset Pricing Model(CAPM)

Stock’s annual expected return=

Rf + beta(Rm-Rf)

Rf is the risk free rate

Risk premium is (Rm-Rf) - the difference between market interest rate and the risk free rate.

Rf is 3.7%

Risk premium is 5.6%

Beta is 0.84

3.7% + 0.84(5.6%)

3.7% + 4.7%

= 8.4%

BRICK 'n TILE, a hypothetical company, can differentiate between short-run and long-run costs by considering examples such as immediate production costs (short-run) and investment in new production facilities (long-run).

Short-run costs refer to expenses that a company incurs in the immediate period, where some factors of production are fixed and cannot be easily adjusted. In the case of BRICK 'n TILE, short-run costs could include the costs of raw materials, labor, utilities, and maintenance for their existing production facilities. These costs are essential for the day-to-day operations and can be directly linked to the current level of production.

On the other hand, long-run costs encompass expenses that can be adjusted in the long term to adapt to changes in production levels and scale. For BRICK 'n TILE, an example of a long-run cost would be the investment in new production facilities or equipment. If the company decides to expand its operations or increase its capacity, they may need to construct a new manufacturing plant or purchase advanced machinery. These costs are incurred over an extended period and are associated with strategic decisions that affect the company's production capabilities in the long run.

Differentiating between short-run and long-run costs is crucial for effective financial planning and decision-making. Short-run costs help determine the immediate profitability of the company's operations, while long-run costs factor in the potential growth and expansion strategies. Understanding the distinction between these cost categories allows BRICK 'n TILE to make informed decisions regarding short-term production levels and long-term investment in infrastructure and technology.

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To calculate Ashley's federal income tax withholding, we need to consider her gross pay, filing status, and the number of allowances she claimed on her W-4 form.

Since Ashley files as single on her tax return, we will use the 2023 tax brackets for single filers to calculate her federal income tax withholding.

Step 1: Calculate Ashley's taxable income

To calculate Ashley's taxable income, we need to subtract her standard deduction from her gross pay:

Gross pay = $625 per week x 52 weeks = $32,500

Standard deduction for single filers in 2023 = $12,950

Taxable income = Gross pay - Standard deduction = $32,500 - $12,950 = $19,550

Step 2: Determine Ashley's tax bracket

Using the 2023 tax brackets for single filers, we can determine that Ashley's taxable income falls into the 12% tax bracket.

Step 3: Calculate Ashley's federal income tax withholding

To calculate Ashley's federal income tax withholding, we will use the IRS's Percentage Method Tables for Income Tax Withholding. We will use Table 1, which corresponds to Weekly Payroll Period and Single Filing Status, for the year 2023.

According to Table 1, the amount of federal income tax to withhold from $625 of weekly gross pay for a single filer with one withholding allowance and claiming no adjustments or extra withholding is $54.

Since Ashley did not provide any information in Steps 2 and 3 of her W-4 form, we will assume that she claimed one withholding allowance. Therefore, her federal income tax withholding for one week would be:

Federal income tax withholding = $54 x 1 = $54

So Ashley's federal income tax withholding for one week would be $54. However, this is just an estimate and her actual tax liability may be different depending on her overall tax situation.

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Answer:

\(x^{2}\) - 3x - 10

Explanation:

Welcome

Answer:

19,326,120

Explanation:

The amount of money after 5 years with 10% compounded annually will be $19,326,120. Then the correct option is D.

A loan or deposit's interest is computed using the starting principle and the interest payments from the ago decade as compound interest.

We know that the compound interest is given as

A = P(1 + r)ⁿ

Where A is the amount, P is the initial amount, r is the rate of interest, and n is the number of years.

Demand for electrical services in your area is $12 million per year. It is expected to grow by 10% compounded annually over the next 5 years.

Then the amount of money is given as,

A = $12,000,000 x (1 + 0.10)⁵

A = $12,000,000 x (1.10)⁵

A = $12,000,000 x (1.61051

A = $19,326,120

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Answer:

D. computers; motorcycles

Explanation:

The solution to the given question when we consider total cost and total revenue, given in the following table:

Quantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit

------- | -------- | -------- | -------- | -------- | --------

0     | 5       | 5        | 0        | 0        | -5

1     | 11      | 6        | 6        | 6        | 1

2     | 17      | 6        | 12       | 6        | 5

3     | 24      | 7        | 18       | 6        | 4

4     | 31      | 8        | 24       | 6        | -7

5     | 39      | 8        | 30       | 6        | -9

6     | 47      | 8        | 36       | 6        | -11

7     | 55      | 8        | 42       | 6        | -13

As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.

Therefore, the answer to the question is 3.

In summary:

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your answer is build the relationship

The simplex method is a linear programming technique used to find the maximum value of a linear objective function subject to constraints represented by linear equations or inequalities.

Here's how you can solve this problem using the simplex method:

Formulate the problem as a linear program:

The objective is to maximize the total profit, which is given by 20x1 + 6x2 + 8x3, where x1, x2, and x3 are the number of units of products 1, 2, and 3, respectively. The constraints are the available machine time, which are:

8x1 + 4x2 + 2x3 <= 250 (milling machine)

3x1 + 3x2 <= 150 (lathe)

x3 <= 50 (grinder)

Create a simplex tableau:

The simplex tableau is a matrix used to keep track of the variables and the coefficients of the objective function and the constraints. The first row of the tableau is the objective function, the rest of the rows are the constraints. The last column is called the "result" column and contains the values of the variables and the objective function.

Choose a basic variable:

In the first iteration, we will choose x1 as the basic variable, since it is the only non-negative variable in the objective function. We will write x1 in terms of x2 and x3 using the first constraint:

x1 = (250 - 4x2 - 2x3)/8

Update the simplex tableau:

Substitute x1 in the objective function and in the rest of the constraints:

20 * (250 - 4x2 - 2x3)/8 + 6x2 + 8x3

3x2 <= 150

x3 <= 50

Check for optimality:

Check if all the coefficients in the objective function are non-negative. If so, the current solution is optimal and the problem is solved. If not, choose the next basic variable and repeat steps 3 and 4.

Repeat steps 3 to 5 until optimality is reached:

In the second iteration, we will choose x2 as the basic variable. Substitute x2 in the objective function and in the rest of the constraints, and check for optimality. Repeat this process until the coefficients in the objective function are non-negative, indicating that the solution is optimal.

The final solution will give the number of units of each product that the firm should produce in order to maximize profit.

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Answer: $1465480

Explanation:

The cost of the land that should be recorded by Oriole Company will be calculated as:

Purchase cost = $1340000

Add: Cost to tear down two buildings = $115000

Add: Legal fees = $5080

Add: Title insurance = $3500

Add: Assessment cost = $9900

Less: Salvage = $8000

Cost of the land = $1465480

Therefore, The cost of the land that should be recorded by Oriole Company is $1465480

Joseph's project goal is not a "SMART" goal because it lacks the characteristics of a smart goal.

A smart goal is characterized by being:

Besides being time-bound, Joseph's project goal lacks specificity, measurability, achievability, and relevance as it is displayed on paper.

Thus, Joseph's project goal is not a "SMART" goal because it lacks the characteristics of a smart goal.

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1. The amount of interest that Boston Enterprises will pay in cash to the bondholders every six months is $54,000 ($1,350,000 x 4%).

2. The preparation of the journal entries to record the following for Boston Enterprises is:

January 1:

Debit Cash $1,350,000

Credit Bonds Payable $1,350,000

2. b) The first interest payment on June 30:

June 30:

Debit Interest Expense $54,000

Credit Cash $54,000

2. c) The second interest payment on December 31:

December 31:

Debit Interest Expense $54,000

Credit Cash $54,000

3) The preparation of the journal entry for the issuance of the bonds, assuming the bonds are issued at:

a) 97:

Debit Cash $1,309,500

Debit Bonds Discounts $40,500

Credit Bonds Payable $1,350,000

b) 103:

Debit Cash $1,390,500

Credit Bonds Payable $1,350,000

Credit Bonds Premium $40,500

To record the issuance of bonds at par at a premium.

Bonds face value = $1,350,000

Maturity period = 20 years

Issuance date = January 1

Interest rate = 8%

Interest payment = semi-annually

Interest payment dates = June 30 and December 31

2. a) The issuance of the bonds on January 1:

Cash $1,350,000 Bonds Payable $1,350,000

2. b) The first interest payment on June 30:

Interest Expense $54,000 Cash $54,000

2. c) The second interest payment on December 31:

Interest Expense $54,000 Cash $54,000

3) The preparation of the journal entry for the issuance of the bonds, assuming the bonds are issued at:

a) 97:

Cash $1,309,500 Bonds Discounts $40,500 Bonds Payable $1,350,000

b) 103:

Cash $1,390,500 Bonds Payable $1,350,000 Bonds Premium $40,500

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