Answer: Please find explanation column for answers
Explanation:
a)Journal To record sales of merchandise
Date Accounts titles Debit Credit
Feb 1 Account receivable 1200
Sales revenue 1200
Journal To record cost of goods sold
Cost of goods sold 700
Merchandise inventory 700
b)Journal To record sales return
Date Accounts titles Debit Credit
Feb 9 Sales return and allowance (1200/4) 300
Account receivable 300
To record cost of goods returned
Merchandise inventory $190
Cost of goods sold $190
c)Journal To record cash collection
Mar 2 Cash (1200 -300) $900
Account receivable $900
d) Gross Profit percentage = Net Profit/Net sales =Net sales - cost oof goods sold/net sales
Cost of goods sold = cost of goods sold - cost of goods retuened = 700- 190 = 510
Net profit/ net sales = 900- 510/ 900=490/900= 0.54 = 54%
What is the main task of a general-purpose computing system? The main task is to execute programs. There is no main task. It can perform any task prescribed by a program. The main task depends on the system. Different systems may perform a different main task. The main task depends on the user. Different users may need the system to perform a different main task. ↔ plsś answer
The main task of a general-purpose computing system is to execute programs, providing users with the flexibility to perform a wide range of tasks. While there is no specific main task assigned to these systems, their versatility makes them valuable tools for various applications. Different systems may perform different main tasks, and the user's needs and preferences may also influence the main task performed by the system.
The main task of a general-purpose computing system is to execute programs. This means that the system is designed to carry out instructions provided by software applications. Whether it's a word processor, spreadsheet, or internet browser, the system is built to handle a wide range of tasks. There is no specific main task assigned to a general-purpose computing system because it is designed to perform any task prescribed by a program. This flexibility allows the system to adapt to various requirements and demands, making it useful for a variety of applications. The main task of a general-purpose computing system can vary depending on the specific system being used. Different systems may have different capabilities or limitations, and the main task may be influenced by factors such as hardware specifications and software compatibility. Additionally, the main task of a general-purpose computing system can also depend on the user's needs and preferences. Different users may have different goals and requirements, and the system may need to be customized to meet their specific needs.
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how should an astronomers classify galaxies with only old low mass population ii starts and little or no interstellar dust or gas
Astronomers should classify galaxies with only old, low mass Population II stars and little or no interstellar dust or gas as "elliptical galaxies."
Galaxies can be classified based on their characteristics, such as their shape, composition, and stellar populations. In the case of galaxies exhibiting specific traits like old, low mass Population II stars and a scarcity of interstellar dust or gas, they can be categorized as "elliptical galaxies."
Elliptical galaxies are characterized by their rounded or elliptical shape, lacking the distinctive spiral arms seen in spiral galaxies. They are composed primarily of old stars and have a lack of ongoing star formation. The presence of Population II stars, which are typically older and metal-poor, suggests that the galaxy has undergone significant stellar evolution.
Furthermore, the absence or minimal amount of interstellar dust and gas indicates a lack of active star-forming regions or ongoing gas-rich processes like mergers or interactions with neighboring galaxies. This further supports the classification of such galaxies as elliptical, as they do not exhibit the characteristics associated with actively forming stars and ongoing interstellar activity.
In conclusion, based on the presence of old, low mass Population II stars and little or no interstellar dust or gas, astronomers would classify galaxies with these characteristics as elliptical galaxies. This classification helps to categorize and understand the diverse range of galaxies in the universe based on their observable properties.
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If a competitive firm is currently producing a level of output at which marginal revenue exceeds marginal cost, then.
Assuming a competitive firm is currently producing a level of output at which marginal revenue exceeds marginal cost, then: a. a one-unit increase in output will increase the firm's profit.
Marginal revenue and marginal costIn a situation where marginal revenue exceed marginal cost, this means that the large amount of good should be produced or manufactured.
And when marginal revenue does not exceed the marginal cost, lower amount of good should be produced.
Inconclusion a one-unit increase in output will increase the firm's profit.
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can i doit without pay
Answer:
what?
Explanation:
what is the opportunity cost for accepting a part time job
Opportunity cost is the value of other goods or services you must forgo in order to purchase your desired item. The term "cost" as used by economists typically refers to opportunity cost. Using the word "cost" in everyday speech or the news is common.
What is a part-timer job?However, part-time employment is typically defined as working fewer than 35, or 30 hours, per week for comparative statistical purposes. One of the more common types of non-standard employment is part-time work.
In economics, the term "opportunity cost" refers to the benefits that are forgone when selecting one course of action over another. It is, in essence, the value of the path not traveled. Opportunity costs are simple to ignore, but comprehending missed opportunities is essential to making better business decisions.
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Dave wants to buy a bike for $180. He has $40. Dave mows lawns for $10 per lawn.
Answer:
He needs to mow 14 lawns.
Explanation:
Answer:
if the question is to find out how much more money he needs the answer is $140. If the question is to see how many lawns he needs to mow the answer is 14 lawns.
Explanation:
You want to accumulate $3,000,000 for your retirement in 40 years. What annual interest rate must you earn if you deposit $1,000 per year each year until retirement?
If people deposit $1,000 year until retirement, you must earn an interest rate of 16.8454 each year.
Why does interest mean?You pay interest on any loans or long - term loans of money. the percentage that lenders use to calculate interest when calculating anything like a loan amount. Customers can earn interest either providing finance (via a mortgage or deposit certificate, for example), or by making a deposit into a bank account that pays interest.
Rate = Annual Interest Rate (nper,pmt,pv,fv)
Interest Rate Annual = RATE (40,-1000,0,3000000)
Given that the annual interest rate is 16.85%, the annual interest rate is 16.8454.
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Which of the knowledge management systems IS activities involves enterprise applications?
The knowledge management system's IS (Information Systems) activities that involve enterprise applications are typically categorized under the "Implementation" phase.
This phase focuses on deploying and integrating enterprise-wide applications and technologies to support knowledge management initiatives. Enterprise applications refer to software systems that are designed to support various business functions and processes across an entire organization. These applications are often large-scale and are used to manage critical areas such as customer relationship management (CRM), enterprise resource planning (ERP), supply chain management (SCM), and human resources management (HRM).
In the context of knowledge management systems, enterprise applications play a vital role in facilitating the capture, storage, retrieval, and sharing of knowledge within an organization. They provide a platform for employees to access and contribute to the organization's knowledge base, collaborate on projects, and leverage collective expertise.
Examples of enterprise applications used in knowledge management systems include:
1. Content Management Systems (CMS): These applications facilitate the creation, organization, and publishing of digital content, such as documents, articles, and multimedia files.
2. Collaboration Tools: Enterprise collaboration platforms enable real-time communication and collaboration among employees, allowing them to share knowledge, work on projects collectively, and engage in discussions.
3. Document Management Systems (DMS): These applications provide a centralized repository for storing and managing documents, ensuring version control, access control, and document retrieval.
4. Learning Management Systems (LMS): LMS platforms support the creation and delivery of online training and learning materials, enabling organizations to promote knowledge sharing and upskilling among employees.
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Mention five legal ways to spend money
Some ways that you can spend money legally are:
Buying booksGoing on a vacationBuying a companyGiving to the poor or a charityEmploying laborWhat is Money?This refers to the legal tender that is used for the buying and selling of goods and services that have an inherent value
Hence, we can see that based on the given question, money can be spent in a variety of ways legally and this includes starting a business, giving to the poor, etc.
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Giving workers responsibility for quality improvements and authority to make changes is known as:______
a) continuous improvement.
b) employee involvement.
c) employee empowerment.
d) passing the buck.
e) benchmarking.
Giving workers responsibility for quality improvements and authority to make changes is known as employee empowerment. Option C. This is further explained below.
What is Employee empowerment?Generally, Employee empowerment may be defined as the condition in which employers empower their staff members by delegating significant responsibilities to those staff members. These responsibilities should be of high value and assistance to the business.
In conclusion, Employee empowerment is the process of giving staff members responsible for quality improvements and the freedom to implement changes.
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Will cash bonuses speed the return to work of unemployed people? A state department of employment security notes that last year 68% of people who filed claims for unemployment insurance found a new job within 15 weeks. As an experiment, the state offers $500 to people filing unemployment claims if they find a job within 15 weeks. The percent who do so increases to 77%.
Answer:
Apparently handing out a cash incentive for getting a job when you are unemployed really works. A 9% increase in the number of unemployed people getting a new job is significant.
But this hypothesis has a flaw. Is there any way that you can tell if people quit on purpose just to be able to file for unemployment and get the cash bonus? Unemployment benefits vary a lot depending on the state, but the national average is $378 per week. If you multiply that by 4¹/₂ weeks per month = $1,701 (roughly). It is not a fortune, but its not that bad either.
If we add the extra $500 cash bonus to the total unemployment benefits, in 15 weeks a person could earn $500 + (15 x $378) = $6,170 for not working.
It doesn't make sense for someone earning a high salary to quit just to get unemployment benefits, but being unemployed pays you $6,170 / (15 x 40 hours) = $10.28 per hour and that is more than the minimum wage.
Petra is paying her ten employees for 40 hours a week, 52 weeks each year. in 2007, petra spent on wages for her employees each week. when the minimum wage rose in 2009, petra had to increase her annual budget for wages from 2008 by .
In 2007, Petra spent $2,340 on wages for her employees each week, and Petra increased her annual wage budget from 2008 by $14,560.
Calculation of wagesNote: This question is not complete. The complete question is therefore provided before answering the question as follows:
Petra owns a coffee shop. She has ten employees. In 2007, she paid her employees minimum wage ($5.85 an hour). In 2008, the minimum wage increased to $6.55 an hour. In 2009, the minimum wage increased to $7.25 an hour. Petra is paying her ten employees for 40 hours a week 52 weeks each year. In 2007 Petra spent___ on wages for her employees each week. When the minimum wage rose in 2009, Petra had to increase her annual budget for wage from 2008 by___
We can now proceed as follows:
Weekly wage spent Petra in 2007 = 2007 minimum wage per hour * Number of employees * Number of hours per week = $5.85 * 10 * 40 = $2,340
Amount of increase in minimum wage per hour between 2008 and 2009 = $7.25 - 6.55 = $0.7/hour
Petra’s increase in annual budget for wages in 2009 = Amount of increase in minimum wage per hour between 2008 and 2009 * Number of employees * Number of hours per week * Number of weeks = $0.7 * 10 * 40 * 52 = $14,560
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Answer:
Petra is paying her ten employees for 40 hours a week, 52 weeks each year.
In 2007, Petra spent $2,340 on wages for her employees each week.
when the minimum wage rose in 2009, Petra had to increase her annual budget for wages from 2008 by $14,560
Explanation:
got it right
Which of the following is an example of a real estate investment?
Zen Corp, an Australian company, and Pluto Inc, an American company, entered into a one-time contract to build an elevated expressway in Florida. The contract was for a period of five years and both companies were equally liable under their agreement. This type of business enterprise is known as a _____.
Answer: Joint Venture
Explanation:
Joint Venture is a form of business whereby two parties will have to come together and utilize their resources and put their skills together as well in order to achieve a common goal.
Zen Corp, an Australian company, and Pluto Inc, an American company, entered into a one-time contract to build an elevated expressway in Florida. The contract was for a period of five years and both companies were equally liable under their agreement. This is a form of joint venture.
what is a disadvantage of international trade
PLEASE HELP
1. What is the name of the company? (1.0 points)
2. Is this mainly a product-based or service-based business? (1-2 sentences. 2.0 points)
3. What products or services is the company best known for? (2-3 sentences. 2.0 points)
3. Where does this company sell its products or services? (2-4 sentences. 2.5 points)
4. Describe at least two of this company's competitors. (2-4 sentences. 2.5 points)
5. How did the entrepreneur make the business different from other companies, especially its competitors? Describe at least one way. (2-4 sentences. 2.5 points)
6. What things has the entrepreneur or company done to help the community? Describe at least one example of this. (2-4 sentences. 2.5 points)
7. Why do you think this company became successful? Describe at least one reason. (2-4 sentences. 5.0 points)
8. What challenges has the company faced? Describe at least one challenge. (2-4 sentences. 5.0 points)
Based on the information given, the company that's chosen is Tesla and it's a product-based company.
What is Tesla?The company is known for producing electric cars. It's different from its competitors as it produces electric vehicles and uses better softwares.
The company sells its cars worldwide. The competitors include Volkswagen and Toyota. Tesla has helped the environment as it accelerates the transition to sustainable energy
Lastly, the main challenge faced by the company is rising material costs.
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Superb Ltd. Is a well diversified company engaged in development of real estate, tourism and
textiles. The company plans to raise a sum of Rs. 120 crores in order to finance its expansion plans. Presently, there is a conflict among its financial managers as to whether the company should float an issue of equity shares or debentures to raise the required amount of funds. Which of the two sources of funds will you suggest considering the fact that company has not raised much debt capital so far and why? Class 11
Answer:
Since the company's debt level is very low, then it should probably issue new debt. The advantage of issuing debt is that debt is always cheaper than equity. E.g. the company issues a bond with a 10% coupon rate and the corporate tax rate is 30%. The after tax cost of debt = 10% x (1 - 30%) = 7%.
Issuing bonds with a 10% coupon rate is not something impossible, and actually the interest rate is pretty high. Some companies issue bonds at 4 or 5%. But to raise new capital offering a return on equity of 7% or less is extremely odd and difficult. Generally, the cost of equity of normal corporations tends to be about twice as higher as the cost of debt.
Since the company's debt level is so low, it should almost certainly issue fresh debt. The benefit of issuing debt is that it is always less expensive than issuing equity. For example, suppose a corporation issues a bond with a 10% coupon rate and a 30% corporate tax rate.
About Sources of funds:
Issuing bonds with a ten percent coupon rate isn't difficult, and the interest rate is actually quite high.
Some businesses issue bonds with a 4% or 5% interest rate. However, raising additional capital with a return on equity of 7% or less is unusual and challenging. In general, normal firms' cost of equity is about twice as high as their cost of debt.
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please help me with this match the column if i get perfect answer then i will give brainliest
Answer:
what do you need help on
Explanation:
cash paid to purchase long term investments would be reported
Cash paid for long-term investments is reported in the statement of cash flows under the investing activities section.
When a company purchases long-term investments, such as stocks or bonds, it needs to report the cash paid in its financial statements. This information is important for investors and stakeholders to understand the company's investment activities.
The cash paid for long-term investments is typically reported in the statement of cash flows, specifically in the investing activities section. The statement of cash flows provides information about the cash inflows and outflows from operating, investing, and financing activities.
The cash paid for long-term investments would be categorized as a cash outflow in the investing activities section. This means that it is considered a use of cash for the company.
It is important for companies to accurately report their cash flows to provide transparency and help users of financial statements make informed decisions.
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Briefly describe the two types of marketing and operations models used by the insurance industry.
Answer:
The two dominant types of life/health marketing systems are the general agency and the managerial (branch office) system. General Agency System A general agent is an independent businessperson rather than an employee of the insurance company and is authorized by contract with the insurer to sell insurance in a specified territory.
Explanation:
Your welcome !
What was the everlasting effect of the columbian exchange result and the transatlantic slave trade?
The Columbian Exchange and the Transatlantic Slave Trade had profound and long-lasting effects on both sides of the Atlantic. The Columbian Exchange resulted in the widespread exchange of plants, animals, and diseases between the Old and New Worlds.
While the exchange of crops such as corn, potatoes, and tomatoes had a significant impact on European diets and helped to increase populations, it also introduced new diseases to the Americas, which devastated Native American populations. Similarly, the exchange of livestock such as horses, pigs, and cattle helped to transform the American West, but also brought new diseases to Native American communities, leading to the decimation of many tribes.
On the other hand, the Transatlantic Slave Trade was a system of forced labor that resulted in the enslavement and transportation of millions of Africans to the Americas. This resulted in the creation of a system of chattel slavery, which had profound and lasting effects on both Africa and the Americas. African societies were disrupted and destroyed as people were taken from their homes and sold into slavery. In the Americas, slavery helped to build much of the region's economy, particularly in the production of sugar, tobacco, and cotton. But it also led to the creation of a deeply entrenched system of racial inequality and discrimination that persists to this day. In many ways, the Columbian Exchange and the Transatlantic Slave Trade were interconnected. The former enabled the latter by making it possible to cultivate cash crops on a large scale, which in turn created the demand for labor that was met by the slave trade. The legacy of these events continues to be felt in the modern world, as the descendants of both the colonizers and the colonized grapple with the ongoing effects of this complex and deeply rooted history. he everlasting effect of the Columbian Exchange and the Transatlantic Slave Trade was the creation of a deeply entrenched system of racial inequality and discrimination that persists to this day. The legacy of these events continues to be felt in the modern world, as the descendants of both the colonizers and the colonized grapple with the ongoing effects of this complex and deeply rooted history. The everlasting effects of the Columbian Exchange and the Transatlantic Slave Trade include significant cultural, economic, and demographic changes. The everlasting effects are the blending of cultures, growth of global trade, and significant population shifts. Cultural blending The Columbian Exchange resulted in the exchange of plants, animals, ideas, and diseases between the Ol(Europe, Asia, and Africa) and the New World (the Americas). This blending of cultures led to the development of new cuisines, languages, and traditions.
Growth of global trade The Columbian Exchange and the Transatlantic Slave Trade established the foundation for global trade. New commodities, such as sugar, tobacco, and cotton, were traded globally, leading to increased economic interdependence among countries. Significant population shifts The Transatlantic Slave Trade led to the forced migration of millions of Africans to the Americas. This had long-lasting effects on the demographics of both continents. Additionally, the introduction of European diseases to the Americas led to a drastic decline in the native populations. In conclusion, the everlasting effects of the Columbian Exchange and the Transatlantic Slave Trade are the blending of cultures, growth of global trade, and significant population shifts, which continue to shape our world today.
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Which is the preferred method of payment for making a hotel room reservation?
Franklin is planning for a purchase of a vehicle in two years. Since he wants to be
certain that his funds are safe (insured), which of the following should he use? *
O A credit card
O A mortage
O A loan
O A savings account
Answer: A Savings Account
Explanation:
Singapore Book Store (SBS) sells SONY II calculators mostly purchased by college students. Each calculator is purchased at a standard price of $25. The selling price of each calculator is $47. SBS uses a perpetual inventory system. On 1 September 2016, SBS had in stock 50 calculators valued at $25 each. Following transactions occurred during the month of September Sep-
12Purchased 90 calculators at $25 each on credit 18Sold 110 calculators to students at $47 each on credit 25 Returned 3 calculators to the suppliers for quality issues 292 calculators were returned by a student Required: a) Prepare general journal entries to record the transactions. Include narrations. Ignore GST. b) Prepare an Income Statement Extract of Revenue, Cost of Goods Sold and Gross Profit for the month of September 2016.
The gross profit for September is $2,420, which is the revenue less the cost of goods sold.
The journal entries for the Singapore Book Store (SBS) transactions for the month of September are as follows:
Sep-12 Accounts payable $2,250
Inventory $2,250 (To record the purchase of 90 calculators on credit)
Sep-18 Accounts receivable $5,170
Sales $5,170
Cost of goods sold $2,750 Inventory $2,750 (To record the sale of 110 calculators)
Sep-25 Accounts payable $75
Inventory $75 (To record the return of 3 calculators to suppliers)
Sep-29 Sales return and allowances $1,541
Accounts receivable $1,541
Cost of goods sold $820
Inventory $820 (To record the return of 29 calculators by a student)
Income Statement Extract of Revenue, Cost of Goods Sold, and Gross Profit for the month of September 2016 is as follows:
SBS Income Statement Extract for the month of September 2016Revenue $5,170 Cost of goods sold ($2,750) Gross Profit $2,420The revenue for September is $5,170, which is the selling price of 110 calculators sold at $47 each.
The cost of goods sold is $2,750, which is the cost of 110 calculators sold calculated as 50 (from opening stock) + 90 (purchased) – 3 (returned to suppliers) – 29 (returned by the student) x $25 each.
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What is a statement used to communicate one’s feelings in a nonconfrontational manner?
An ______ is a statement used to communicate one’s feelings in a nonconfrontational manner.
the answer is (an art) yw I hope you have a good day
Answer:
It is an: i-statement
Explanation:
I got it right on Edmentum.
Jay Harrod and 2 trainees were sent to a 2 day sales seminar. The registration fee was $165 per person. Training materials cost $35 per person. Harrod earns a yearly salary of $52,000 and the 2 trainees earn $14.50 per hour each for a standard 40 hour work week. What were the total training costs?
Answer:
$1,232
Explanation:
the training costs include:
registration fees = $165 x 3 = $495
training materials = $35 x 3 = $105
trainees' wages = 2 x 8 x $14.50 = $232
Harrod's wage = ($52,000 / 52 weeks) x 2/5 days = $400
total training cost = $1,232
Employees must be paid their normal salary when they attend training sessions.
Suppose taxi fares from Logan Airport to downtown Boston is known to be normally distributed and a sample of seven taxi fares produces a mean fare of $14.51 and a 95% confidence interval of ($13.96, $15.04). Which of the following statements is a valid interpretation of the confidence interval? Multiple Choice 95% of all taxi fares are between $13.96 and $15.04. We are 95% confident that a randomly selected taxi fare will be between $13.96 and $15.04. The mean amount of a taxi fare is $14.51, 95% of the time. With 95% confidence, we can report that the average taxi fare between Logan Airport and downtown Boston will fall between $13.96 and $15.04.
Previous question
The valid interpretation of the confidence interval is:
"With 95% confidence, we can report that the average taxi fare between Logan Airport and downtown Boston will fall between $13.96 and $15.04."
This statement correctly captures the meaning of a 95% confidence interval, indicating that we are 95% confident that the true population mean of taxi fares lies within the given interval.
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The publisher of Celebrity Living claims that the mean sales for personality magazines that feature people such as Megan Fox or Jennifer Lawrence are 1.5 million copies per week. A sample of 10 comparable titles shows a mean weekly sales last week of 1.3 million copies with a standard deviation of 0.9 million copies.
Answer and Explanation:
The computation is shown below:
For determining each part first we have to do the following calculations
Critical value of t = 3.250
Null hypothesis = 1.5
Alternative hypothesis ≠ 1.5
Population mean \(\mu\) = 1.5
Sample mean \(\bar X\)= 1.30
Sample size \(n\) = 10.00
Sample standard deviation \(s\) = 0.900
Standard error of mean is
\(s_x = \frac{s}{\sqrt{n} }\)
\(= \frac{0.900}{\sqrt{10.00}}\)
= 0.2846
Test static is
\(t = \frac{x - \mu}{s_x}\)
\(= \frac{1.30 - 1.5}{0.2846}\)
= -0.703
a. The null hypothesis is
μ = 1.5
Alternate Hypothesis is
μ ≠ 1.5
b. reject \(H_o\) if t is not between
-3.250 and 3.250
c. The value of the test statistic is
t = -0.703
(as we have computed above)
d. fail to reject \(H_o\) as this data does not contradict the publisher claim
How does technical education play a vital role to develop the entire nation?
pls- don´t lie
;)
Answer: Education is needed for jobs. If we dont have education people cant get certain jobs. Without certain jobs the world would fall into a pandemic.
Explanation:
Answer:
Technical education play a vital role to develop the entire nation by improvimg the well beimg of youth and communities.
It increases the productivity. It also helps to accelerate the pace of work and motivate the person towards his/her work.It creayes skilled manpower and improves the quality of life.
Allison would like to find all records that are in stock. In her database, she has a field named "in stock." When the item is in stock, a "yes" appears. What should Allison do?
Conduct a query and set the criteria as =yes.
Conduct a query and set the criteria to >2.
Locate each record and check each one.
Sort the records in ascending order by item number.
Answer: she should conduct a query and set the criteria to >2
Explanation:
Don’t know this but I tried I am only in 9th grade