a. company have $710 amount of cash.
b. the value of the current assets is $6240.
As per the given data,
we need to find out the much cash does the company have and current assets of the company.
According to the given question,
it is given that,
cori's corp. has an equity value = $13,530.
long-term debt =$8,850.
net working capital, other than cash, = $3,640.
fixed assets = $18,030
current liabilities = $1,890
we know that, net working capital can be calculated by subtracting current liabilities from Current assets (other than cash) as follows:
Net working capital (other than cash ) = Current assets (other than cash) - current liabilities
Now, by putting given values in above stated formula, we get:
3640 = current assets ( other than cash) - 1,890
Current assets ( other than cash ) = 3640+1890= $5530
Therefore, Current assets ( other than cash ) is $5530
Now,
Cash = Equity +Long term debt +current liabilities - fixed assets - current assets ( other than cash)
by putting values in above stated formula, we get:
Cash = $13,530 + $8850 + $1890 -$18,030 - $5530= $710
a. Therefore company have $710 amount of cash
b. we know that,
Current assets = current assets other than cash + cash
Therefore,
Current assets = $5530 + $710 =$6240
hence, the value of the current assets is $6240.
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How is being comfortable with risk and flexibility important to having an entrepreneurial mindset?
An entrepreneurial mindset is a set of skills that enable people to identify and make the most of opportunities, overcome and learn from setbacks, and succeed in a variety of settings. This means that being too stubborn and unyielding in your approach can be a recipe for stress and potential business disaster. Being flexible as an entrepreneur can provide you with an important competitive edge. It helps you to exploit opportunities as and when they arise. Successful entrepreneurs stick to the basic principles of risk management: They look for opportunities where if they fall short they lose only a certain value, but if they win they could stand to gain 10 times as much. And the best entrepreneurs never bet more than they can afford to lose. They always consider Plan B (as well as Plan C, D and E) in case the current program doesn’t work out as expected.
Hope that this gives some insight on the topic :)
Calvin is buying his first home. He has been saving and saving for years. The home he is buying has a price of $300,000 and Calvin has a down payment of $75,000. Calvin's loan is considered:
Answer: low risk
Explanation:
Low risk loans are the loans that are collected by economic agents such as individuals, firms and the government which has a low risk or low interest rate.
Since the home Calvin is buying has a price of $300,000 and Calvin has a down payment of $75,000. It so considered a low risk loan.
A perfectly competitive market helps ensure that the products produced are the goods that consumers want. This demonstrates the concept of:
a) allocative efficiency. b) marginal pricing. c) diminishing marginal returns.
The concept demonstrated in this scenario is allocative efficiency. Option (A)
Allocative efficiency refers to the optimal allocation of resources in a market economy, where resources are allocated in a way that maximizes the overall satisfaction or utility of consumers. In a perfectly competitive market, prices are determined by the forces of supply and demand, and firms produce goods and services that are in demand by consumers.
The market equilibrium achieved in a perfectly competitive market ensures that resources are allocated efficiently, as firms produce the quantity of goods that matches consumers' preferences and willingness to pay. This leads to the production of goods that consumers want, resulting in allocative efficiency.
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4
Drag the tiles to the correct boxes to complete the pairs.
Match the descriptions to their relevant accounting terminologies.
ledger
journal entry
trial balance
a temporary account
lists the closing balances of all ledger accounts
suspense
temporary account to adjust for accounting errors
a T-account with two sides (a debit and a credit side)
Reset
Next
Match the descriptions to their relevant accounting terminologies.
Ledger: a T-account with two sides (a debit and a credit side)journal entry: a record of financial transactions in order by dateTrial balance: lists the closing balances of all ledger accountsSuspense: temporary account to adjust for accounting errorsThe term journal entry was the first part of the Financial statement. The journal entry was the based on the debit and the credit record in the book entry. The Journal was the pro forma of the statement.
It was the journal entry, ledger, trial balance, and Suspense are the part of accounting.
Ledger: a T-account with two sides (a debit and a credit side)journal entry: a record of financial transactions in order by dateTrial balance: lists the closing balances of all ledger accountsSuspense: temporary account to adjust for accounting errorsAs a result, the significance of the relevant accounting terminologies are the aforementioned.
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Describe how a formal report is different from an informal report?
Answer:
Though the report may be several sections long, it is typically much shorter than a formal report. No contents page is included. Informal reports can even be formatted like a memo.
Explanation:
Answer: Informal reports are usually short, one to three pages, with no need for prefatory parts,are informational, include no or limited research,luse a direct approach an personal language. The formal report, however, is worded more objectively, focusing on the problem and the solution.
Explanation:
Teresa Amabile identifies three components of creativity, including all the of the following except:
a. Expertise
b. Motivation
c. Creative-thinking skills
d. Opportunity
Teresa Amabile identifies three components of creativity, does not include Opportunity. So, correct option is D.
Teresa Amabile is a psychologist who has extensively researched creativity and innovation in the workplace.
She is known for her componential theory of creativity, which suggests that creativity is a result of three main components: expertise, creative-thinking skills, and motivation. These components work together to produce creative outcomes.
Expertise refers to the knowledge and skills that individuals have in a particular domain. Creative-thinking skills involve the ability to generate novel and useful ideas, as well as the ability to evaluate and refine those ideas. Motivation refers to the drive and passion that individuals have to engage in creative work.
Thus, option a, expertise, is actually one of the three components of creativity identified by Amabile. Option b, motivation, is also one of the components. Option c, creative-thinking skills, is the third component. Option d, opportunity, is another important factor that can facilitate or hinder creative work, but it is not one of the three components identified by Amabile.
So, correct option is D.
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The Assignment Details: Your company (Event Pros) plans and manages various events for brands, organizations, and companies. Starbucks wants you to project manage an event to promote its new summer lineup of products and showcase its staff, show that it is a great place to work and increase their client base. They are planning to open 50 new locations across Ontario, they have four iced drinks on the menu, multiple new healthy breakfast options and a new bistro line for dine-in lunches. Your assignment is to build from your scope statement and create the Work Break Down Structure, Responsibility Matrix and Network Diagram for the event.
The work breakdown structure (WBS) for the Starbucks event includes tasks such as event planning, venue selection, promotion, program, catering, staffing, and logistics.
Work Breakdown Structure (WBS):
Event Planning and Coordination
1.1 Define event objectives and requirements
1.2 Conduct market research and identify target audience
1.3 Develop event concept and theme
1.4 Prepare event budget and financial planning
1.5 Secure necessary permits and licenses
1.6 Develop event timeline and schedule
Venue Selection and Setup
2.1 Research and identify potential event venues
2.2 Evaluate venues based on capacity, amenities, and location
2.3 Negotiate and finalize venue contract
2.4 Coordinate venue setup and layout design
2.5 Arrange for necessary equipment and supplies
Promotion and Marketing
3.1 Create event branding and design materials
3.2 Develop marketing strategy and promotional materials
3.3 Execute digital and traditional marketing campaigns
3.4 Manage social media presence and engagement
3.5 Coordinate with media partners for press coverage
--> Promotion --> Program
/ |
Event Planning --> Venue Selection -----|
\ |
--> Catering
Staffing --> Logistics
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One of the main questions of economics involves deciding upon the method for
distributing goods and services.
creating goods and services.
pricing goods and services.
enhancing goods and services.
Answer:
creating goods and services.
Explanation:
Economics seeks to get answers to how societies utilize scarce resources to meet the unlimited needs of members. The three basic questions that economics addresses are
What to produce?How to produce?For whom to produce?Creating goods and services and services is answering on what to produce? With the limited resources, authorities must decide what goods and services to produce. Decisions have to be made on what needs to meet immediately. For example, the government may decide to build new schools rather than contract a new road
Answer:
B
Explanation: Took test!!!
What’s the answer???
business studies June paper 1 2023
The increasing demand for sustainable and eco-friendly products presents both challenges and opportunities for Company X, a leading global technology firm that specializes in the production of smartphones. To meet this demand, the company will have to come up with environmentally friendly practices while still maintaining a competitive edge in the smartphone industry.
ChallengesThe following are the potential challenges that Company X may face in meeting the demand for sustainable smartphones:
1. High Production CostsThe production costs of environmentally friendly smartphones may be significantly higher compared to those of traditional smartphones. To reduce costs, Company X should seek alternative production methods and materials, which should be both cost-effective and environmentally friendly.2. Difficulty in Finding Reliable SuppliersSustainable production requires sourcing materials from ethical and environmentally conscious suppliers. To avoid sourcing from non-eco-friendly suppliers, the company will need to conduct due diligence on its supply chain.OpportunitiesThe following are the potential opportunities that Company X may leverage in meeting the demand for sustainable smartphones:
1. Increased RevenueStreamSustainable smartphones can create a new revenue stream for the company, attracting environmentally conscious consumers willing to pay a premium price for environmentally friendly products.2. Increased Market ShareThe demand for eco-friendly smartphones is growing. By producing sustainable smartphones, the company can increase its market share and, subsequently, its profitability.StrategiesTo address the challenges and capitalize on the opportunities, Company X should consider the following strategies:
1. Green Supply ChainThe company should adopt an environmentally conscious supply chain that focuses on sustainable sourcing and manufacturing. This will reduce the environmental impact of the company's products while reducing production costs.2. Sustainable Product DesignThe company should develop smartphones that are easy to recycle, energy-efficient, and manufactured using eco-friendly materials. Sustainable products will meet the increasing demand for eco-friendly products while minimizing waste and reducing environmental impact.3. Promoting Corporate Social ResponsibilityCompany X should promote corporate social responsibility through transparency, accountability, and ethical practices. Such practices will help build the company's reputation and increase customer loyalty.For more such questions on production
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NOTE- Full question is business studies June paper 1 2023
Question: Case Study: Company X is a leading global technology firm that specializes in the development and manufacturing of smartphones. Over the years, the company has faced intense competition and changing market trends. Recently, there has been a growing demand for sustainable and environmentally friendly products in the smartphone industry. Based on the given information, analyze the potential challenges and opportunities for Company X in meeting the demand for sustainable smartphones. Discuss the strategies the company can adopt to address these challenges and capitalize on the opportunities, considering both the environmental and business aspects. Support your answer with relevant examples and theoretical concepts from the field of business studies.
Question 8 A cup of coffee with cooling constant k=-0.11 per minute is placed in a room at temperature 19°C. If the coffee is served at 91°C. how long will it take to reach a 10 points Save Ane drinking temperature of 66°C? 6.7 minutes 5.4 minutes 4.9 minutes 3.9 minutes
The correct option is C, 4.9 minutes. Time taken to reach drinking temperature of 66°C is 4.9 minutes.
The temperature of coffee is initially 91°C and the temperature of the room is 19°C.
So, the initial temperature difference will be, 91°C - 19°C = 72°C.
The cooling constant of coffee, k = -0.11 per minute.
The temperature of the coffee will decrease exponentially, which can be modelled using the formula,
T = T0 e^(kt)
where T0 is the initial temperature of the coffee,
T is the temperature of the coffee after t minutes, and
e is the mathematical constant approximately equal to 2.71828.
Plugging in the values of T0, k, and T, the above formula can be rewritten as,T/T0 = e^(kt)
Solving for t, we get:
t = ln(T/T0) / k
where ln is the natural logarithm function.
We need to find the time taken to reach a drinking temperature of 66°C, which means T/T0 = 66°C / 91°C = 0.725.
Thus,t = ln(0.725) / k = 4.9 minutes (approx)
Therefore, the time taken to reach drinking temperature of 66°C is 4.9 minutes.
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Tim is 16 years old,a high school student, and lives with hi parents.He earned $5,200 and his part-time job. Select the best possible answer.(Only 1 answer)
Answer:
the second one
Explanation:
prettyu sure,
only can claim is tim parents and he has no other choice but to return the file tax return
Current tax laws allow Tim's parents to claim Tim as a dependent; Tim has the option to file a tax return
According to the IRS, Tim can be claimed as a dependent by his parents because:
He is their son He is a student who is younger than 23 He lives with his parentsHe also has the option but not the obligation to file a tax return because his gross income is less than $12,200 as a dependent.
In conclusion, Tim can be claimed as a dependent by his parents but he does not have to file a tax return.
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The EISP component of _____ provides information on the importance of information security in the organization and the legal and ethical obligation to protect critical information about customers, employees, and markets.
The need for Information Technology Security is the EISP component that provides information on the importance of information security in the organization.
What is EISP?EISP means Enterprise Information Security Policy, which is the policy that guide the security of a firm.
Some element of an EISP includes:
Network SecurityApplication SecurityRisk ManagementCompliance ManagementDisaster RecoveryPhysical SecurityIn conclusion, the need for Information Technology Security is the EISP component that provides information on the importance of information security in the organization
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If the price index moves from 107 to 110, the rate of inflation is: Group of answer choices 3% 30% 28% 2. 8%
If the price index moves from 107 to 110, the rate of inflation is 2.8 %.The percentage change in inflation is then calculated by multiplying this by 100.Option D is correct.
Evaluating:Rate of inflation = 110 - 107 ÷107
= 0.0280 × 100 %
= 2.8 %
How is the rate of inflation determined by price index?The price index from the interest year is subtracted from the base year, and then the result is divided by the base year to determine inflation. The percentage change in inflation is then calculated by multiplying this by 100.
If inflation is too high, what happens?The consumer price index (CPI) is used to measure inflation, which maintains economic health at low rates. But when inflation rises quickly, it can have negative effects on the economy in the form of lower purchasing power, higher interest rates, slower economic growth, and other things.
Question incomplete:If the price index moves from 107 to 110, the rate of inflation is:
a. 3%
b. 30%
c. 28%
d. 2.8%
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Toni Nicolet's
checking account balance on Monday, April 13, is $540; her savings balance is $980. On
Tuesday, April 14, she made an ATM withdrawal from checking of $86. On April 15, Toni plans to make
these online payments: income tax bill, $823, utility bill, $98, and charge account bill, $127. How much
money, if any, will Toni have to transfer into her checking account from savings to cover the online
payments and leave a balance of $50 in the checking account?
Answer:
$644
Explanation:
Toni has a balance of $540 on her checking account
She made an ATM withdrawal of $86
The balance on her checking account after withdrawal is
= $540 - $86
=$454
Toni intended to pay online payments on Arpril 15. The total of the payments
=$823 + $98 + $127
=$1048
It means Toni has a deficit of
=$454- $1048
=($594)
If Toni desires a balance of $50 after payments, she must withdraw 594+50 from the savings account.
=596 + 50
=$644
a) Miranda needs to build new shelves in her pantry to store all these items. She wants to put each type of item on a separate shelf. The shelves will be able to support 25 lbs. Will the new shelves be able to support her current supply of powder goods? Use the conversion table below and a spreadsheet to help you determine the answer. (2 points)
Answer: yes
Explanation:
Converting each to pounds it equals 13.3 pounds
Miranda needs to build new shelves in her pantry to store all these items. Yes, the new shelves be able to support her current supply of powder goods.
What do you understand by the supply of goods?The following are included in a supply of goods: the agreement-based transfer of property rights over things. the commission-based sale of moving items by an agent or auctioneer.
They must be carrying out an action in their own name under another person's orders. delivery of items under a hire-purchase agreement.
Demand and supply have a strong relationship that influences market equilibrium, which determines the amount of items available on the market and their selling prices.
Here,
Converting each to pounds it equals to 13.3
pounds
Standard 1 pound (lb) = 16 ounces (oz)
Metric 1 kilogram (kg) = 1000 grams (g)
Metric to standard 1 kilogram = 2.20 pounds
Standard to metric 1 pound = 0.45 kilograms
Therefore, Miranda needs to build new shelves in her pantry to store all these items. Yes, the new shelves be able to support her current supply of powder goods.
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Complete question is attached with the image.
Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as:.
Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as User-generated content.
User-generated contentUGC for short is content that is created, published or submitted by users of a brand. In numerous cases, it's the most influential content for brands. Usually, contributors are unpaid fans who encourage a brand instead of the brand promoting itself.
Online users are evolved increasingly savvy in knowing which companies are using messy marketing tactics, and which ones are being genuine and evident.
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what are the importance of store
Answer:
to get a source of our need
Answer:
Importance of Store-Keeping: The cost of materials is one of the largest elements of cost. Proper storing of materials is very important to prevent losses from damage, pilferage, and deterioration in the quality of materials.
You are looking at a sales report from last month. You notice one metric is much lower than expected, so you click on that metric to get more details from last month. Being able to get additional information on the underlying details of a value is an example of using the ______ _______ feature of the sales report dashboard.
Being able to get additional information on the underlying details of a value is an example of using the drill-down feature of the sales report dashboard.
Drilldown: What is it?Business intelligence has two incredibly powerful features: drill down and drill through analysis. Although they do so in various ways, they both allow the user to view data and information in greater detail. By using the drill-down feature, the user can quickly switch from a more broad view of the data to a more focused one.
For instance, a drill-down report that displays sales revenue by state may allow the user to click on a state, select it, and view sales revenue by county or city inside that state. Drill down is a feature that enables users to delve deeper into more focused layers of the data or information being analyzed, hence the name.
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suppose that the economy is in a recession. in the absence of government policy action to restore the economy to full employment, how will the economy adjust in the long run?
Government policies to stimulate demand and increase employment during a recession can help to shorten the adjustment process and reduce the overall costs to the economy.
In the absence of government policy action to restore the economy to full employment during a recession, the economy will eventually adjust in the long run through the market forces of supply and demand. As businesses struggle to sell their products and services, they will decrease production, which will lead to layoffs and increased unemployment. This will cause wages to fall as workers compete for fewer available jobs, which will eventually make the economy more competitive in the global market. Lower wages will also lead to lower production costs, which may make domestic products more attractive to consumers. Additionally, falling prices may stimulate demand, which can eventually lead to increased economic growth and employment. However, this adjustment process can take a long time, and the costs of prolonged unemployment and decreased economic growth can be significant.
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Even if a loan applicant's current income seems adequate to qualify for a certain loan, the Equal Credit Opportunity Act allows a lender to refuse the loan as a high risk if the applicant's main source of income is
The Equal Credit Opportunity Act allows a lender to refuse a loan as a high risk, even if the loan applicant's current income seems adequate, if the applicant's main source of income is public assistance.
This means that if the applicant primarily relies on government assistance programs such as welfare, unemployment benefits, or disability benefits for their income, the lender may consider it as a higher risk factor when assessing the loan application.
Lenders may view public assistance as less stable or reliable compared to other sources of income, which could impact the borrower's ability to repay the loan. The purpose of this provision in the Equal Credit Opportunity Act is to prevent discrimination against individuals who rely on public assistance and ensure that lenders evaluate loan applications based on legitimate risk factors rather than income sources alone.
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What are customer needs?
Answer:
A customer need is a need that motivates a customer to purchase a product or service.
1. One advantage of sole proprietorship is:
A. -easing of starting.
B -availability of different talents.
C -unlimited life of the company.
D -double taxation
Which best explains why producers choose to specialize? choose two answers. to increase competition to gain a comparative advantage to decrease the amount of goods produced to maintain market share to increase efficiency
The reasons why producers choose to specialize are:
to gain a comparative advantageto increase efficiency.What is specialization?Specialization is when a producer concentrates on the production of some particular goods and services.
Advantages of specialisation
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Answer:
B and E
to gain a comparative advantage
to increase efficiency
Explanation:
EDGE
One of the safest and easiest investments for young people is: A Stocks and Bonds. OB. Mutual funds. OC. NCUA or FDIC Insured certificates of deposit. OD. Bingo.
Answer:
a and c
Explanation:
NCUA or FDIC insured certificates of deposit are the best investments for young folks.
Option C. is correct.
Define investment.The commitment of a property to rise in value through time is referred to as investment. Investment necessitates the loss of a current item, such as time, cash, or effort. The goal of investing in business is to make a profit from the asset you've put money into.
NCUA or FDIC insured certificates of deposit are one of the simplest and best investments for young folks.
Option C. is correct.
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after sally as the print preview in print command to the quick access toolbar which icon would she have added
Mr. Juan, who is married with 4 minor children, is a rank-and-file employee of DEF Corporation. In 2021, he had the following employment-related data:
Compensation and Benefits
Gross annual salary
P936,000
Overtime pay
80,000
13th month pay
78,000
Rice subsidies
48,000
Actual medical benefits
20,000
Clothing allowance
8,000
Laundry allowance
2,400
Deductions from Salary
Mandatory contributions (SSS, Philhealth, etc.)
46,000
How much is the gross taxable compensation income of Mr. Juan?
P970,000
P1,040,400
P984,000
P994,000
The gross taxable compensation income of Mr. Juan is calculated by adding up all his employment-related income, excluding any mandatory deductions. In this case, his gross annual salary, overtime pay, 13th month pay, rice subsidies, actual medical benefits, clothing allowance, and laundry allowance are included.
Adding these components together, we have:
P936,000 (Gross annual salary) +
P80,000 (Overtime pay) +
P78,000 (13th month pay) +
P48,000 (Rice subsidies) +
P20,000 (Actual medical benefits) +
P8,000 (Clothing allowance) +
P2,400 (Laundry allowance) =
P1,172,400
Therefore, the gross taxable compensation income of Mr. Juan is P1,172,400. This is the total amount of income he received before any deductions for mandatory contributions such as SSS (Social Security System), PhilHealth, and others. It is important to note that this figure represents his total income and serves as the basis for calculating his taxable income for the applicable tax year.
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how has mariam’s experience in prison changed her as a person?
Mariam’s experience in prison changed her as a person, and this can be seen through different aspects of her life. She develops from a submissive girl into a courageous woman who can stand for herself.
Mariam’s prison experience makes her mature quickly as she sees the world with a new set of eyes that offer her an insight into life she had never considered before. She learns that life can be cruel, and it is full of hardships and obstacles that one has to overcome to be successful. This knowledge strengthens her and makes her a better person.Being in prison has also taught Mariam to be patient. In prison, she learns how to live with others, and it teaches her that everyone is different, and people have different perspectives. In the end, Mariam learns to forgive herself and others, and she moves on with her life with newfound strength and vigor.
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Furniture is an
O asset
O expense
O none of the above
Answer:
Asset.
Explanation:
An asset is a useful or valuable thing or person.
What will be the end result for the taxpayer who filed his federal income tax return.
If your federal gross income was $12,950 or more and you're under 65, you must submit a single status tax return. If your federal gross income was $14,700 or more and you are 65 years of age or older, you must file.
What is the status of federal filing?
Determines the tax rate applied to income. Head of household, married filing jointly, married filing separately, single, and qualified widow(er) with dependent child are the five filing statuses. A tax year is the 12-month period of time that a tax return covers. The tax year for people in the US is from January 1 to December 31 and includes taxes due on income earned during that time. The Where's My Return? feature is the easiest method to find out if you've received a tax refund. After receiving an e-filed return, taxpayers have 24 hours to start monitoring the status of their refund. After the return is processed and a refund is approved, the program also offers a customized refund date.
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