Answers
Answer:
Price of stock = $181.78
Explanation:
PV of dividend in year 13
PV =A×(1- (1+r)^(-n)/r )
PV of dividend in (year 13) = 14/(0.044=318.18
PV of dividend in year 0
PV = Div× (1+r)^(-n)
Dividend in year 13, r-interest rate, n- number of years
PV in year 0 = 318.1818182 × 1.044^(-13)= 181.78
Price of stock = $181.78
Related Questions
Please help ASAP
Match each commodity or business to its definition.
a company that is focused on selling services
another word sometimes used to mean a good.
a company that is focused on selling goods
an item of value that a person can buy or make and then sell to other people
something of value that a person can do for other people
1. good
2. service
3.product
4. product-based business
5. service-based business
Answers
a company that is focused on selling services is service-based business
another word sometimes used to mean a good is product
a company that is focused on selling goods is product-based business
an item of value that a person can buy or make and then sell to other people is product
something of value that a person can do for other people is service
What is service based product?Service bases business provides services to people at a cost, the cost is determined by the business owner While a product based business deals with selling of product to people or individual who is interested in the product.
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Ice is food, but it must not be handled with the same degree of care as other food. T or false
Answers
Answer:
False............................
The South African government decides to increase taxes to reduce the Budget deficit. Assume that:
• Investment is fairly responsive to changes in interest rates.
• The Taylor rule curve is positively sloped.
• The economy starts in a position of IS-TR-IFM equilibrium.
Structure your answer in the following way, at each stage making sure you explain how the relevant assumptions affect your answer.
a. Start by using an IS-TR diagram with no foreign sector and explain how the increase in taxes impacts upon income and interest rates. (5 marks)
b. Now include the foreign sector in the same diagram as for question 1(a) and explain the impact of the increase in taxes on all of the components of the balance of payments before any exchange rate adjustment. (5 marks)
c. Now, still using the same diagram as for questions 1(a) and 1(b), illustrate and explain the adjustment to final IS-TR-IFM equilibrium as a result of the increase in taxes if South Africa has a flexible exchange rate and capital is perfectly mobile internationally. (5 marks)
d. Illustrate and explain how your answer to question 1(c) will differ if South Africa instead has a fixed exchange rate? (5 marks)
e. How would your answer to question 1(c) differ when the exchange rate is flexible but capital mobility is imperfect? Illustrate this on a new diagram and explain your answer.
Answers
An increase in taxes in South Africa affects income, interest rates, trade surplus, and capital flow, with varying effects depending on exchange rate and capital mobility.
What is capital flow ?
Capital flow refers to the movement of money or capital into or out of a country for the purpose of investment or trade.
a. An increase in taxes will shift the TR curve upward, decreasing the disposable income and consumption spending of households. This leads to a decrease in the IS curve, causing a fall in output (income) and a fall in interest rates. Since investment is responsive to changes in interest rates, a fall in interest rates will increase investment, partially offsetting the negative impact of the tax increase on output.
b. With the inclusion of the foreign sector, an increase in taxes will reduce income and, therefore, imports. However, exports will remain unaffected, leading to an increase in the trade surplus (exports minus imports). The increase in taxes will also lead to a decrease in the capital account balance, as higher taxes reduce after-tax profits and discourage foreign investment. The overall impact on the current account and the balance of payments will depend on the size of the trade and capital account balances.
c. Assuming a flexible exchange rate and perfectly mobile capital, the decrease in output and the increase in the trade surplus will cause a decrease in the demand for money, leading to a fall in interest rates. This will stimulate investment and consumption, partially offsetting the negative effects of the tax increase on output. The economy will eventually reach a new equilibrium at a lower level of output, a lower interest rate, and a higher trade surplus than before the tax increase.
d. If South Africa has a fixed exchange rate, the increase in the trade surplus will lead to an increase in the demand for the domestic currency, causing it to appreciate. To maintain the fixed exchange rate, the central bank will have to intervene in the foreign exchange market by buying foreign currency, increasing the money supply, and causing inflationary pressures. The increase in the trade surplus will still lead to a lower output level, but the interest rate may not necessarily decrease.
e. With imperfect capital mobility, the exchange rate can still adjust, but it will do so more slowly and with less magnitude than in the case of perfect capital mobility. In this case, the adjustment to the tax increase will be similar to that in 1(c), but the new equilibrium will have a smaller increase in the trade surplus and a smaller decrease in output. The adjustment will be slower and smoother, and the impact on interest rates may be less pronounced.
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Under the Family and Medical Leave Act, employers with more than 50 employees are required to provide workers with _______ leave to attend to the birth or adoption of a child.
12 weeks paid
6 weeks paid
12 weeks unpaid
6 weeks unpaid
Answers
Under the Family and Medical Leave Act, employers with more than 50 employees are required to provide workers with 12 weeks unpaid leave to attend to the birth or adoption of a child. Therefore, the option C holds true.
What is the significance of unpaid leave?An unpaid leave can be referred to or considered as a leave where an employee is not paid while not being at work for a particular period of time. As per the regulations made under the act given above, the limitation of unpaid leaves is 12 weeks, or roughly 3 months.
Therefore, the option C holds true and states regarding the significance of unpaid leave.
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PLEASE HELP AND FAST!!!!!
What clothing would you like to see have integrated technology and what would it do?
Answers
Answer:
Sweaters, Coats, and Shoes.
They could have a cooling system of some kind. Sometimes you might wear a sweater out of comfort possibly or because it was cold before, but now you're hot possibly. If you get a cooling system with it, you wouldn't get as hot, if you get hot at all. Same with coats. With shoes, sometimes they can trap all the heat in them at your feet, which can make them smell or uncomfortable. Your feet may also swell or something like it in shoes when you wear them for a while, which may make your feet feel hotter or something. A cooling system in them, however, could help both these problems possibly.
In the context of trend analysis, what is base amount?
OA
sales of the first year
OB. difference in the sales amount of two successive years
OC sales of the current year
OD. difference in the sales amount of the first year and the current year
Answers
Answer:
The answer is "Option C".
Explanation:
Trend analysis is also an economic concept used to describe a situation wherein the market motion of a service or product, in which a company would be selling is predicted based on data in potential.
Its analysis is based on the current year's revenues, where certain conclusions can be drawn as well as how the company will develop strategies to market this service or product.
The operations of Winston Corporation are divided into the Blink Division and the Blur Division. Projections for the next year are as follows: Blink Division Blur Division Total Sales $ 380,000 $ 198,000 $ 578,000 Variable costs 118,000 97,000 215,000 Contribution margin $ 262,000 $ 101,000 $ 363,000 Direct fixed costs 104,000 90,000 194,000 Segment margin $ 158,000 $ 11,000 $ 169,000 Allocated common costs 59,000 51,500 110,500 Operating income (loss) $ 99,000 $ (40,500 ) $ 58,500 If the Blur Division were dropped, Blink Division's sales would increase by 30%. If this happened, the operating income for Winston Corporation as a whole would be:
Answers
Answer:
$126,100
Explanation:
Operating income is computed as;
= [Contribution margin of Blink division × increase sales percentage] - fixed costs of Blink division - Allocated common costs of Blink division - Allocated common costs of Blur division
= [$262,000 × 130%] - $104,000 - $59,000 - $51,500
= $340,600 - $104,000 - $59,000 - $51,500
= $126,100
Question 3 (1 point)
Betty has a degree in wildlife conservation. She is passionate about preserving
habitats for endangered animals. What kind of company might want to hire Betty?
a farm in need of a dairy manager
a bald eagle sanctuary looking for a ranger
a pesticide company in need of a marketing person
a local food truck looking for a chef
Answers
Betty's degree in wildlife conservation and passion for preserving habitats for endangered animals make her a great fit for companies and organizations that focus on environmental conservation. A farm in need of a dairy manager or a local food truck looking for a chef may not necessarily be the best fit for Betty's skill set and interests. hence the correct option B) bald eagle sanctuary looking for a ranger.
Betty's degree in wildlife conservation makes her highly qualified for roles that involve working with endangered species, researching wildlife populations, and identifying solutions to protect and conserve habitats. As such, organizations that work to protect and preserve habitats for wildlife, including national parks and conservation areas, environmental advocacy groups, and research institutions, may be interested in hiring Betty. Additionally, companies that specialize in sustainable agriculture or eco-friendly practices may also be interested in hiring Betty, given her expertise in wildlife conservation. Overall, Betty's degree in wildlife conservation and passion for preserving habitats for endangered animals make her a great fit for companies and organizations that prioritize environmental conservation. Her knowledge, skills, and passion make her an asset to any organization that is working towards protecting the environment and preserving habitats for future generations. Therefore the correct answer is option B) bald eagle sanctuary looking for a ranger
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Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.
Answers
Based on the cost of production by Stam Company, the overhead rate which is applied to the jobs are:
Data and Calculations:
Job 306 Job 307 Job 308
Balances on March 31
Direct materials used (in March) $33,600 $41,900
Direct labor used (in March) $24,600 $20,300
Overhead applied (March) $12,300 $10,150
Costs during April
Direct materials used $139,000 $226,900 $102,000
Direct labor used $94,200 $161,500 $107,300
Overhead applied $55,600 $77,500 $52,500
($94,200 × 50%) ($161,500 × 50%) ($107,300 × 50%)
Job 306 - $47,100
Job 307 - $80,750
Job 308 - $53,650
The overhead rate applied for Job 306 in April is:
= Direct labor cost x 50%
= 94,200 x 50%
= $47,100
The overhead applied for Job 307 in April is:
= 161,500 x 50%
= $80,750
The overhead for Job 308 in April is:
= 107,300 x 50%
= $53,650
Hence, based on the cost of production by Stam Company, the overhead rate applied to the jobs are calculated above.
The given question is incomplete, the complete question is-
Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.
Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal 4. Prepare a schedule of cost of goods manufactured for the month end April 30. Stam Company Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured.
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Cordell Inc. experienced the following events in Year 1, its first year of operation:
Received $40,000 cash from the issue of common stock.
Performed services on account for $82,000.
Paid a $6,000 cash dividend to the stockholders.
Collected $76,000 of the accounts receivable.
Paid $53,000 cash for other operating expenses.
Performed services for $19,000 cash.
Recognized $3,500 of accrued utilities expense at the end of the year.
Required
a. & c. Identify the events that result in revenue or expense recognition and those which affect the statement of cash flows. In the Statement of Cash Flows column, use OA to designate operating activity, FA for financing activity, or IA for investing activity. If the element is not affected by the event, leave the cell blank.
b. Based on your response to Requirement a, determine the amount of net income reported on the Year 1 income statement.
d. Based on your response to Requirement c, determine the amount of cash flow from operating activities reported on the Year 1 statement of cash flows.
e. What is the before- and after-closing balance in the service revenue account?
f. What is the balance of the retained earnings account that appears on the Year 1 balance sheet?
Answers
Note : please, comment down for any further clarification
With respect to the unearned income from services, which of the following is true? a.An accrual basis taxpayer can spread the income over the period services are to be provided if all of the services will be completed within three years following the year of receipt. b.The treatment of unearned income is the same for tax and financial accounting for both cash and accrual basis taxpayers. c.A cash basis taxpayer must report all of the income in the year received. d.An accrual basis taxpayer can spread the income over the period services are to be provided on a contract for three years or less. e.None of these choices are correct.
Answers
Answer:
c. A cash basis taxpayer must report all of the income in the year received.
Explanation:
As a standard, all individuals and business entities are required by law to pay their taxes to the government at a specific period of time.
With respect to the unearned income from services, a cash basis taxpayer must report all of the income in the year received, whether as property or in cash. This simply means that, a cash basis taxpayer can neither deduct promissory notes or checks as payments nor report receivables as income because all of the expenses and income must be reported in the year they were received or paid.
However, not all taxpayers are permitted to use the cash basis method of reporting, these include C corporations, tax shelter, partnership with a C corporation etc.
Lux Ladies, Inc., is a company that specializes in expensive and unusual gifts for all occasions. It keeps a large file of information on all of its regular customers, including names, addresses, and type of gifts they have ordered in the past, and the size and frequency of their orders. The electronic file which stores this information is a(n)
Select one:
a. spreadsheet.
b. MP3 file.
c. PERT file.
d. database.
Answers
Option D. The database is the The electronic file which stores this information for the company Lux Ladies, Inc.
What is a database?A database in computing is a structured collection of data that is electronically accessible and stored. Large databases are housed on computer clusters or cloud storage, whilst small databases can be stored on a file system.
A database is a collection of data that has been organized to make it simple to manage and update. Data records or files containing information, including as sales transactions, customer information, financial data, and product information, are often aggregated and stored in computer databases.
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Annabelle Jefferson earns net self-employment income of $43,500. She does not work a second job.
Self-Employment tax =
Answers
Based on the net self-employment income to Annabelle Jefferson, and the fact that she does not work a second job, the self - employment tax is $6, 655.50
How to find the self - employment tax?As of the year 2022, the self - employment tax is based on the self - employment tax rate of 15.3 % which comprises of 12.4% Social Security tax and 2.9% Medicare tax.
Based on the net self-employment income to Annabelle Jefferson of $43, 500 therefore, the self - employment tax to Annabelle Jefferson would be:
= 43, 500 x 15. 3 %
= $6, 655.50
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True or False? The placement of a product within a store, or online, can determine the sales performance of that product.
Answers
Product Placement. a form of advertising in which name brand goods are placed in sports & entertainment programs. embedded marketing.
Answer:
true
Explanation:
what is the diffinition and meaning of management
Answers
Answer:
your answer is "the process of dealing with or controlling things or people.
Explanation:
hope this helps
Answer:
Dealing with or handling items or people is a process.
Explanation:
For this assignment, respond to each of the questions presented in that lecture. You do not need to submit a completed outcomes planning wheel for this assignment, but should use it in drafting your response to the questions.
What organizational goal is driving this training? · What will the benefit be? · What is the skill gap? · What competencies (knowledge, skills, or attitudes) will this program need? · What evaluation will be used to measure the level of goal achievement? · Who will be trained? · What is the estimated class size? · How many classes will there be and how long will this training last? · What are the knowledge and skill prerequisites? · What type of program is being proposed? · What media, if any will be used in the training? · What will happen if we do not deliver the training? · What are the restrictions or limitations for delivering a program? · What other methods may be used to reach the goal (include limitations and advantages)?
Answers
In the above case, a skill acquisition will be the aim of the program.
What organizational goal is driving this skill acquisition training?The purpose of skill acquisition is so that student can be able to learn one or more trade so that they can earn a living after school
What will the benefit be?The benefit of acquiring a skill is that one will be equipped with a lot of good resources and also the skill of financial management, one will have improved strategic planning and others.
What competencies will skill acquisition need?
It just need your presence, one's talents and expertise that has been obtained via education or or life experience.
What is the skill gap? Critical thinking/problem solvingPaying Attention to detail.Leadership. Teamwork. What evaluation will be used to measure the level of goal achievement?Output based on work done, practical work and result.
Who will be trained - student.
The estimated class size- 50 - 100
How many classes will there be and how long will this training last - 20 class and it will last 2 month.
knowledge and skill prerequisites -Ability to read and understand and also just come and you will be taught.
The type of program that is being proposed - skill and handwork training.
What media, if any will be used in the training - visual, media and communication tools will be used·
What will happen if we do not deliver the training - giving of certificates and graduation.
What are the restrictions or limitations for delivering a program - financial restriction.
What other methods may be used to reach the goal - use of the mass media for dissemination of information concerning the program. Its advantage is that it will benefit all and the disadvantage is financial constrain.
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what are 3 Obstacles for becoming a tattoo artist? if this is the list for the process of becoming one.
1 Art skills
2 Learn How to Draw
3 Build a Portfolio
4Get an Art Education
5 Build a new Portfolio
6Apprenticeship
a Cleaning
b Secretarial work
7 Training with machines
a Practice on synthetic material
b Practice on volunteers
8 Learn Hygienic Work Practices
9 Get Licensed
10 Buy Your Own Tattoo Equipment
11 Establishing clientel and reputation
Answers
Answer:
Arts skills
get licensed
training with machines
Partly as a response to concerns expressed by environmentally conscious consumers, Unilever has introduced its “sustainable Living Brands” of “greener” products. Through product development, sourcing through a sustainability lens and manufacturing efficiencies, opportunities for innovation have opened up for Unilever.
The ‘greener’ product is an example of Unilever’s corporate level strategy for _______ growth.
Select one:
a.
internal
b.
external
c.
responsive
d.
innovative
Answers
The ‘greener’ product is an example of Unilever’s corporate-level strategy for innovative growth. Thus, option D is correct.
Unilever has launched its "sustainable Living Brands" of "greener" products, in part in response to concerns voiced by environmentally aware consumers.
Prospects for innovation have arisen for Unilever through product creation, sustainable sourcing, and production efficiency. The 'greener' product is an illustration of Unilever's corporate-level approach to creative expansion. Therefore, it can be concluded that option D is correct.
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The Global Economy Unit Test
Economics / The Global Economy
The Global Economy Unit Test
Which of the following measures are used to assess aspects of a population's health? Select he two correct answers. (1 point)
. life expectancy
0 GDP
O per capita GDP
0 literacy rate
. infant mortality rate
Answers
The measure used to assess aspects of a population's health is infant mortality rate.
What is population?Population refers to the total number of people residing in a particular area in a given period of time.
It is the collection of individuals or a group of people with a common characteristic.
Hence, the measure used to assess aspects of a population's health is infant mortality rate.
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Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the recent year of $6,000. The division sales for the year were $1,060,000 and the variable costs were $863,000. The fixed costs of the division were $203,000. If the mountain bike division is dropped, 30% of the fixed costs allocated to that division could be eliminated. The impact on operating income for eliminating this business segment would be:
Answers
Answer:
loss of $137,000.
Explanation:
Analysis of effects of eliminating business segment
Income :
Savings - Variable Costs $863,000
Savings - Fixed Cost ($203,000 x 30%) $60,900
Total Income $923,900
Costs :
Lost Sales $1,060,000
Total Costs $1,060,000
Financial Advantage/ (Disadvantage) ($137,000)
therefore,
The impact on operating income for eliminating this business segment would be: loss of $137,000.
Many families cannot afford to travel to distant places, so the " staycation has become popular People on a staycation make short trips to nearby places, but they go back home to sleep. How might a hotel attract local people who are staycationing?
Answers
Answer:
The first thing is to categorize target customer to either by Sex, group age.social status.etc..
econdly,it to identify preferred offer that suite each category
Thirdly ,Create different offer at different seasonal or Holiday to attract local people.
fourthly,improve the indoor design and the outlook of the premises.
Explanation:.
The best way is to Capture target customer and provide essential services that makes them ask for more
2. What are the ways of forecasting cost of sales?
a. cost of materials
b. cost of labor
c. cost of overhead
d. all of the choices
Answers
Answer:
d. all of the choices
Explanation:
Cost of Goods sold = Cost of material purchased + Conversion cost
And
Conversion cost hereby includes Direct labor cost and other production overheads directly attributable to the Goods sold.
So, The correct option is - d. all of the choices
Which of the following is the most complete definition of marketing
Answers
The most complete definition of marketing among the given options would be:
A. A set of activities done by an organization to satisfy its customers and meet internal goals.
What is marketing?Marketing involves a range of activities undertaken by an organization to understand, attract, satisfy, and retain customers. While growing an organization's customer base (option B) and maximizing profits (option C) are important objectives of marketing, they do not encompass the entirety of its scope.
Marketing goes beyond just finding new markets (option D) to meet customer needs. It involves market research, product development, pricing strategies, promotional activities, distribution channels, customer relationship management, and more.
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Which of the following is the most complete definition of marketing?
A. A set of activities done by an organization to satisfy its customers
and meet internal goals
B. A set of activities done to grow an organization's customer base
C. A set of activities done to maximize profits
D. A set of activities done to find new markets to meet customer
needs
Fifth National Bank just issued some new preferred stock. The issue will pay an annual dividend of $25 in perpetuity, beginning 14 years from now. If the market requires a return of 3.9 percent on this investment, how much does a share of preferred stock cost today
Answers
Answer: $389.83
Explanation:
The price of a perpertuity is calculated by the formula;
= Dividend/ Required Return
= 25/3.9%
= $641.03
Present Value of Stock Price;
= \(\frac{641.03}{(1 + 0.039)^{13} }\)
= $389.83
Note: Yearly dividends are only paid after the company has finalised its income statement for the year. So Dividends are usually paid at the beginning of the year. 13 years present value would therefore be more accurate to use than 14 years.
In your own words, explain why Kurt Lewin, in his attempt to identify the set of skills that all great leaders possess, indicated that leadership is vulnerable.
Answers
Kurt Lewin's belief that leadership is vulnerable stems from his understanding that leadership is a complex and dynamic process that requires ongoing adaptation to changing circumstances.
What is Kurt Lewin's belief?He believed that great leaders possess a certain set of skills that allow them to navigate these challenges successfully, but also recognized that no leader is infallible or immune to failure.
Lewin understood that leadership is vulnerable to a range of internal and external factors that can impact a leader's effectiveness, including changes in organizational culture, shifting political and social trends, and unforeseen events that can disrupt even the best-laid plans.
As such, he emphasized the need for leaders to be resilient and adaptable, and to be constantly learning and evolving in order to stay ahead of the curve and remain effective in the face of new challenges.
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An upcoming convention has secured 300 rooms at $140 per room for Friday night. The rack rate for Friday night is $250 per room and you have booked an additional 100 rooms at this rate. What will be your income for hotel rooms Friday?
Answers
Answer:
$67,000
Explanation:
The total revenue will be income from the 300 rooms and that from 100 rooms
=(300 x $140) + ($100 x 250)
=$42,000 +$25,000
=$67,000
Customers might sometimes describe contradictory needs
Answers
Customers might sometimes describe contradictory needs which means Option C. Customers sometimes describe needs that oppose each other.
When customers require two different things that cannot be addressed by the same product, it is referred to as a conflicting requirement. There are many reasons why customers may have conflicting needs. Some customers might have a requirement for a product to be both inexpensive and of high quality, for example. Others may desire a product that is both small and powerful. Customers may sometimes find it difficult to articulate what they want, which might result in vague descriptions.
This might make it more difficult for the supplier to provide a solution that satisfies the customer’s needs. Customer service staff must be trained to engage with customers and listen actively to their concerns. They must also be able to identify when there is a contradictory requirement and provide solutions that address the customer's needs in a way that satisfies the customer's expectations while also meeting the supplier's operational needs. Understanding customer needs is an important part of the customer service profession, and it may take some time and effort to develop the necessary skills.
Some customers are very detailed in describing their needs, which can be beneficial for suppliers because it allows them to provide an appropriate solution for the customer. Overall, being aware of conflicting customer requirements is essential in the customer service sector to provide an effective solution. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
Customers might sometimes describe contradictory needs.
A. A customer's needs can sometimes be confusing.
B. Customers might sometimes give vague descriptions.
C. Customers sometimes describe needs that oppose each other.
D. Some customers are extremely thorough in describing their needs.
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Why is it important to remove any emotional feelings when composing an e-mail? Explain using support from the chapter.
Answers
The removal of emotional feelings would be helpful because you woul be able to communicate your thoughts better and also use the language that is more appropriate in your speech.
Why a person has to write a mail in the best wayMisunderstandings, strained relationships, and subpar business decisions may result from this. We should be conscious that emails can have a "tone" given that many of us must communicate via email and text. People will recall an email's emotional tone more clearly and for a longer period of time than its actual content.
Never send an email while feeling particularly emotional. Take a deep breath, then send it. Better yet, pick up the phone and have a straightforward conversation.
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domestic policy that uses funding from general tax revenues to administer programs that provide benefits to certain businesses, groups, or individuals is known as _____.
Answers
Domestic policy that uses funding from general tax revenue to administer programs that provide benefits to certain businesses, groups, or individuals is known as fiscal policy.
What is fiscal policy?A fiscal policy is one in which the government use taxation, public expenditure, and public borrowing as tools to accomplish specific economic policy goals. In a nutshell, it is the practise of using taxes and expenditure by the government to generate sustainable growth. For instance, governments can decrease taxes and increase spending to stimulate the economy if necessary; normally, they spend on social programmes and infrastructure projects that generate income and jobs. Or, if the economy is strong, a government may decide to cut spending while raising taxes. Fiscal policy is the use of government revenue collection and expenditure to affect a nation's economy in economics and political science.
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Pamper Me Salon Inc.’s general ledger at April 30, 2017, included the following: Cash $5,000, Supplies $500, Equipment $24,000, Accounts Payable $2,100, Notes Payable $10,000, Unearned Service Revenue (from gift certif cates) $1,000, Common Stock $5,000, and Retained Earnings $11,400. The following events and transactions occurred during May
May 1 Paid rent for the month of May $1,000.
4 Paid $1,100 of the account payable at April 30.
7 Issued gift certif cates for future services for $1,500 cash.
8 Received $1,200 cash from customers for services performed.
14 Paid $1,200 in salaries to employees.
15 Received $800 in cash from customers for services performed.
15 Customers receiving services worth $700 used gift certif cates in payment.
21 Paid the remaining accounts payable from April 30.
22 Received $1,000 in cash from customers for services performed.
22 Purchased supplies of $700 on account. All of these were used during the
month.
25 Received a bill for advertising for $500. This bill is due on June 13.
25 Received and paid a utilities bill for $400.
29 Received $1,700 in cash from customers for services performed.
29 Customers receiving services worth $600 used gift certif cates in payment.
31 Interest of $50 was paid on the note payable.
31 Paid $1,200 in salaries to employees.
31 Paid income tax payment for the month $150.
Instructions
(a) Using T-accounts, enter the beginning balances in the general ledger as of April 30,
2017.
(b) Journalize the May transactions.
(c) Post the May journal entries to the general ledger.
(d) Prepare a trial balance on May 31, 2017.
Answers
The beginning balances should be entered in the general ledger as of April 30, 2017, as
follows:
A. Beg. Bal
Supplies
(Beg. Bal 500]
Equipment,
[Beg.Bal___ 24000]
‘Accounts Payable
72100 Beg. Bal
Notes Payable
110000 Beg. Bal
neared Service Revenue
1000 Beg. Bal
Common Stock
‘5000 Beg. Bal
Retained Earnings
11400 Beg. Bal
D.
Prepare the trial balance as follows:
PM Salonine.
Trial Balance
As on May 31, 2017
Account Titles Debit ($) Credit ($)
Cash 5100
Supplies 1200
Equipment 24000
‘Accounts Payable 1200
Unearned Service Revenue 1200
Notes Payable 10000
Common Stock 5000
Retained Earnings 11400
Service Revenue 6000
Salaries Expense 2400
Rent Expense 1000
Advertising Expense 500
Utilities Expense 400
Interest Expense 50
Income Tax Expense 150
Total 34800-34800
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