Answer:Please see below for answers
Explanation:A perfectly competitive market exist where there are many buyers and sellers with homogeneous products, and no restrictions to the entry and exit of the market. In the short run of this market, economic profits are attainable even though they vary and is the factor that determines whether to exit or remain in the market. Here, Price = Marginal cost equal Marginal Revenue.
A monopolistic market occurs where many sellers with slight different products exists having slight influence to set the price according to firm's preference, and no significant barriers to entryof the market.
--Sells a product identical to those of its competitors----Perfectly competitive
---Can earn economic profit in the short run------Both Monopolistically and Perfectly competitive
---Produces above the minimum average total cost in the long run----- Monopolistically Competitive
--Charges a price that is the same as marginal cost ----Perfectly competitive firm
--Produces welfare-maximizing level of output -----Perfectly competitive
---Has marginal revenue less than price----Monopolistically Competitive
Rapid loans offer longer repayment terms and lower interest rates than traditional bank loans. true or false
The statement that Rapid loans offer longer repayment terms and lower interest rates than traditional bank loans, " is False.
How do Rapid loans compare to traditional bank loans ?Some rapid loans to offer longer repayment terms and lower interest rates compared to traditional bank loans, but this can vary depending on the lender and the loan terms.
However in general, a rapid loan will need to be paid back in a shorter period of time and at a higher rate which means that rapid loans offer shorter repayment terms and higher rates than traditional loans.
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the level at which individual is viewed by Society is called
Answer:
The level at which an individual is viewed by society is called Social Status. ... It is the measure of worth or the position that the 'person holds in society'.
Explanation:
I hope this helps and pls mark me brainliest :)
The political candidates keep talking to the citizens about the possibility of a recession what would most likely happen if a country experience a recession
The thing that would MOST likely happen in this case if a country experiences a recession is D.Businesses will suffer from decreased sales and profits, eventually leading to closure
What is recession ?Recession, in economics, can be described as the downward trend in the business cycle.
Itshouldbe nopted that this can be seen as the decline in production and employment, whereby the incomes and spending of households to decline and as a result of thisthere would be hunger sa well as hardship in the country for this cause.
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missig part
What would MOST likely happen if a country experiences a recession?
A.
Feeling confident in the economy, people will begin to spend money more freely.
B.
Jobs will be more plentiful, and companies will be doing a lot of hiring.
C.
Families will start to purchase larger and more expensive homes.
D.
Businesses will suffer from decreased sales and profits, eventually leading to
2. 2. One can apply.
life
a. Leadership
b. Management
c. Job
O d. Strategic Thinking
to arrive at decisions that can be related to your work or personal
One can apply to Management to arrive at decisions that can be related to your work or personal.
Whether an organisation is a for-profit corporation, a government agency, or a nonprofit, management is the administration of that entity. It is the science of managing a company's resources.
Businesses use management to plan their operations, processes, and personnel in order to achieve their objectives. The main objective of management is to establish an atmosphere that encourages productive and efficient work among personnel.
The administration and coordination of tasks to accomplish a goal is management. Setting the organization's strategy and organising staff efforts to achieve these goals through the application of resources available are examples of such administration activities.
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An even numbered card is chosen randomly from a set of cards labeled with the numbers 1 through 8. A second even numbered card is chosen after the first card is replaced. Are these dependent or independent events?
a.
dependent
b.
independent
Answer:
independent. This is a fun question. I never thought about how I would explain it before.
Explanation:
Can you think of anything that might influence the second even card being drawn?
Let's make the question a whole lot easier. Suppose you have a coin and it's a fair one just coming from the mint. Suppose you toss it and you get either heads or tails. Can you think of a reason why you should get the same thing again or put another way, can you guess what you are going to get next?If you can't then the tosses are independent of each other. You haven't replaced anything, like once you get a tails, you weight the coin so you can never get tails again. That would be a dependent event.If you can guess consistently, you better submit a written paper to a math journal.Now go back your your question. You replaced the card. The odds are the same as for the first toss. Is there anything that has changed your mind about being able to guess.
You can't guess, so the events are independent.
any waste material on the floor should be
Answer:
Cleaned...it's waste
Which of the following statements is false?
a. it is possible to compare one firm's accounting data with another firm's accounting data as long as both firms used generally accepted accounting procedures
b. many managers compare the financial results from one accounting period with the results from previous accounting periods
c. most corporations include in their annual reports comparisons of important elements of their financial statements for recent years
d. the format and information contained in one firm's financial statements are most likely to differ drastically from the format and information contained in another firm's financial statements
e. many firms compare their financial results with industry averages
Answer: D
Explanation:
Not necessarily. As long as the company follows GAAP (IFRS or ASPE), the format and information should be the same. This is because the accounting standards requires firm to report financial information in a specific way.
You are reviewing the capital structure of your business. You find that your business is financed with 70% cash and 30% debt.
Your required rate of return for your business is 10%.
Your debt cost is 7%
You are in the 20% tax bracket.
Explain the weighted average cost of capital?
What if you used 80% debt and 20% cash? What would be your new WACC?
How would using more debt in this example affect your profitability as a business?
The meaning of weighted average cost of capital is simply the mean cost of attracting investors, whether bondholders or stockholders.
WACC = 0.0868 WACC'' = 0.0648 What would be your new WACC?Generally, for 30% Debt and 70% Cash, the Cost of Debt after is mathematically given as
X= 0.07 * (1 – 0.20)
X= 0.056
Therefore
WACC = (0.70 * 0.10) + (0.30 * 0.056)
WACC = 0.0868
In conclusion, for 80% Debt and 20% Cash
WACC'' = (0.20 * 0.10) + (0.80 * 0.056)
WACC'' = 0.0648
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For each of the following, list the class intervals that would be best for a grouped frequency distribution. a. Lowest X = 3, highest X = 84 b. Lowest X = 17, highest X = 32 c. Lowest X = 52, highest X = 97
Class interval =15 is best for the grouped frequency distribution data. To make the information easier to understand, measures of variability are visual displays that organise and show frequency counts.
What is frequency distribution?Frequency tables or charts are used to represent frequency patterns. The percentage of observations or the exact number of observations that fall within each range can both be seen in frequency distributions.
Class interval =Height value -Lowest value
The breadth of each class is represented by a class interval.
(a) Given: Lowest value =3, Heighest value=84
Class interval =Height value -Lowest value =84-3=81
(b) Given: Lowest value =17, Heighest value=32
Class interval =Height value -Lowest value =32-17=15
(c) Given: Lowest value =52, Heighest value=97
Class interval =Height value -Lowest value =97-52=45
(b) Class interval =15 is best for the grouped frequency distribution data
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they got opinion and suggestions of everyone involved
Answer:
One of the most challenging aspects of a virtual meeting is keeping people’s attention. It’s important to be thoughtful about how you engage attendees. In the first minute of your meeting, help participants experience the problem you want them to solve by sharing statistics, anecdotes, or analogies that dramatize the issue. Then emphasize shared responsibility for solving it. Define a highly structured and brief task they can tackle in small groups of two or three people and give them a medium with which to communicate with one another (video conference, Slack channel, messaging platform, audio breakouts). Then have the groups report out. Never go longer than 5-10 minutes without giving the group another problem to solve. The key is to sustain a continual expectation of meaningful involvement so participants don’t retreat into an observer role. When that happens, you’ll have to work hard to bring them back.
Explanation:
Which Airlines lounges are the best ?
Answer:
Air France La Première Lounge, Paris is the first best Airline lounge in the World.
Explanation:
The Air France La Première Lounge gives its customer one of the fashionable flying experiences in the world, as it includes freshening up the cozy cocktail bar to be brighter and more inviting, adding semi-private relaxation areas and installing new pieces of art.
In addition to having one of the best first class inflight experiences available, Air France also provides an outstanding ground experience in Paris. Best food is also offered at the restaurant there.
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A company issues $10,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2014. Interest is paid on June 30 and December 31. The proceeds from the bonds are $9,802,072. Using effective-interest amortization, how much interest expense will be recognized in 2014?
a. $390,000
b. $780,000
c. $784,249
d. $784,166
Interest expense will be recognized in 2014 is $784,249. The interest expense for 2014 is calculated by multiplying the bond discount by the ratio of the time elapsed from the bond's issuance to the end of the year to the bond's total term.
Effective-interest amortization is a method of bond amortization that allocates the bond's discount or premium to interest expense over the life of the bond. It is based on the bond's effective yield, which is the rate that discounts the bond's future cash flows to its proceeds.
In this case, the bond's effective yield is 8%, and it pays interest semi-annually on June 30 and December 31.
Therefore, the bond's annual interest expense is $780,000 (7.8% x $10,000,000).
The bond discount must be amortized to interest expense over the life of the bond. The bond was issued on January 1, 2014, and the year ended December 31, 2014. So, the time elapsed is 0.5/20 of the bond term.
The bond discount is $197,928 ($10,000,000 - $9,802,072)
Therefore, the interest expense for 2014 is:
$780,000 + $197,928 * (0.5/20) = $784,249
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3. Planning, and controlling & evaluation are considered as the two sides of a coin. Discuss why they are considered like this with examples. (5 points)
Answer:
planning and controling and evaluating are considered as the two side of acoin .why they are considered like thise with example
Explanation:
Planning is an important factor that preceded implementation, controlling and evaluation work closely with planning to achieve a goal.
What is planning?
Planning involves setting objectives and goals with targets and formulating a plan or program to achieve them.
The activities or plan helps the managers or individuals to analyze progress.
Planning, controlling and evaluation are three important factors that works together to achieve success.
Planning comes first in managementControlling or monitoring then follows to guide the plans Evaluation helps to measure the rate of success.Therefore, Planning, controlling and evaluation are three important factors that work together for effective management and to achieve success.
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DYI Construction Co. is considering a new inventory system that will cost $750,000. The system is expected to generate positive cash flows over the next four years in the amounts of $350,000 in year one, $325,000 in year two, $150,000 in year three, and $180,000 in year four. DYI's required rate of return is 8%.
Required:
What is the modified internal rate of return of this project?
Which pricing approach for a restaurant would have the greatest risk of adverse selection due to buyers having private information?
A. Offering small- and large-plate versions of each entrée with different prices.
B. Pricing each menu item based on its cost of production.
C. Charging a price per ounce and weighing each plate.
D. Offering a set price all-you-can-eat buffet.
3. The pricing approach that would have the greatest risk of adverse selection due to buyers having private information is Charging a price per ounce and weighing each plate.
What is a pricing approach?There are three general approaches to pricing; Cost-Based Approach to Pricing (cost-plus pricing, break analysis, and target profit pricing). Customer-Based Pricing Strategy (perceived-value pricing). Competitive Pricing Strategy (going-rate and sealed bid pricing).
To remain competitive in marketplaces under rising volume and price pressure, the proper pricing strategy is crucial. It gives you the compensation you are due for the goods and services you provide and ensures the earnings you need to make investments in change and expansion.
Perhaps the most significant pricing tactic of all is value pricing. This considers how valuable, important, and beneficial your customers consider your goods or services to be. Cost-focused—the most typical strategy. Demand-driven—takes consumer demand into consideration when setting prices.
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Choose the option that best matches the description given.
Lobbyists are people hired by companies to______
A]IMPRESS PEOPLE
B]BRIBE LAWMAKERS
C]INFLUENCE LEGISLATION
CORRECT ANSWER GETS BRAINLIEST
Answer:
I think it’s to impress people. Sorry if I’m wrong
Explanation:
Answer:
the correct answer is C INFLUENCE LEGISLATION
Explanation:
ASSIGNMENT TEMPLATE
Identify one economic trend that is influencing Charles and Ebony's budget. Then, in your
own words, explain how it is connected with what you see happening in their
expenditures. (Your response should be 4-5 sentences.)
Remember, if you use any information or ideas from the webtext, be sure to add a citation
(and include quotation marks around any exact wording).
One economic trend influencing Charles and Ebony's budget, especially their inability to afford goods and services, is inflation or rising costs.
What is an economic trend?An economic trend is a pattern of economic activities, which are usually formed and interpreted by economists from some sets of data.
Inflation is defined as the general increase in the prices of basic goods and services, like transportation, health care, food, and housing.
Inflation digs holes in the purchasing power of individuals, businesses, and governmental bodies in an economic system.
Thus, one economic trend influencing Charles and Ebony's budget, especially their inability to afford goods and services, is inflation or rising costs.
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A is a collection of
(1 point)
O product, attributes
O customer, strategies
O promotion, services
O life cycle, mixes
A is a collection of product attributes, which are the specific characteristics or features that define a product. These attributes are crucial for marketing and positioning the product effectively in the market. The corect option is a.
Product attributes are the specific characteristics or features that define a particular product. They describe the qualities, properties, or traits of the product that distinguish it from others in the market. These attributes can include physical aspects such as size, color, shape, and materials used, as well as functional aspects such as performance, durability, and reliability.
Product attributes play a crucial role in the marketing and positioning of a product. They help to communicate the value and benefits of the product to the target customers. By understanding and highlighting the relevant attributes, companies can differentiate their products and meet the specific needs and preferences of their customers. The corect option is a.
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Andy and Kim live together. Andy may invest $14 comma 000 (possibly by taking on an extra job to earn the additional money) in Kim's education this year. This investment will raise Kim's future earnings by $20 comma 000 (in present valueLOADING... terms). If they stay together, they will share the benefit from the additional earnings. However, the probability is 20% that they will split up in the future. If they were married (or in a civil union) and then split, Andy would get half of Kim's additional earnings. If they were living together without any legal ties and they split, then Andy would get nothing. Suppose that Andy is risk neutral. Will Andy invest in Kim's education? Does your answer depend on the couple's legal status? A. Andy will invest in Kim's education only if they have legal ties. B. Andy will not invest in Kim's education regardless of legal ties. C. Andy will invest in Kim's education regardless of legal ties. D. Andy will invest in Kim's education only if they do not have legal ties. E. Andy will be indifferent about investing in Kim's education regardless of legal ties.
Answer:
Will Andy invest in Kim's education?
Yes, he should. The expected benefits from investing in Kim's education are higher than the costs regardless of their legal status.Does your answer depend on the couple's legal status?
C. Andy will invest in Kim's education regardless of legal ties.Explanation:
if Andy and Kim are not married:
initial investment $14,000
expected benefits $20,000 x (1 - 20%) = $16,000
expected gain = $16,000 - $14,000 = $2,000
If Andy and Kim are married:
expected benefits [$20,000 x (1 - 20%)] + ($20,000 x 20% x 1/2) = $16,000 + $2,000 = $18,000
expected gain = $18,000 - $14,000 = $4,000
What are the three main factors that search engines look for when
delivering results on the search engine results page?
1.
2.
3.
Three main factors that search engine look for are Relevance, Distance, Prominence.
Relevance- The term refers to how well a website's information corresponds to a search query. Relevance criteria include visible text, images, and videos as well as content elements. Furthermore, meta elements such as title, meta description, and alt tags can be used to generate relevance.
Distance- Based on the user's browser information, distance determines how close the search user is to local businesses. The greater the distance between the search user and a local business, the more likely that business will appear in the local maps results.
Prominence- The location of a keyword on a page is said to influence search rankings. SEO experts recommend using the target keyword of a page early in order to benefit from a ranking signal known as keyword prominence.
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Which 2 statements about Location tracking in QuickBooks Online are true?
The Location can be added to a Bill Payment
The Location can be filtered on the Receive payment screen
The Location can be filtered on the Pay bills screen
The Location can be selected on each row of an invoice
The Location can be selected on each row of a journal entry
The statements about Location tracking in QuickBooks Online are true are The Location can be selected on each row of a journal entry and The Location can be filtered on the Pay bills screen. Thus, option 2nd and 5th are correct.
What can the location tracking feature do?There are a few examples of how location sharing applications and features benefit our daily lives: Assist you in tracking down and recovering lost or stolen smart gadgets. When you phone 911, you are giving emergency responders your location. Allow you to avoid traffic.
The assertions concerning QuickBooks Online's location tracking are correct. On each row of a journal entry, the Location may be selected, and the Location can be filtered on the Pay bills screen. As a result, options 2nd and 5th are accurate.
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According to the Core Reading, which of the following is NOT a threat presented by rising income inequality? Select one: a. Higher than optimal tax rates on the rich b. All of these are threats presented by rising income inequality. c. Falling support for globalization d. Unintended consequences of government policies to moderate the effects of stagnant wages e. Falling support for a market-based economy
Answer:
Option B
Explanation:
In simple words, Income inequality refers to the severe imbalance in wealth levels typically in the possession of a limited minority of a community with a large accumulation of wealth.
If wealth disparity exists, there is indeed a wide difference in the resources of one group of the society and that of another. Specific forms of discrimination and study of wage differences should be used to explain economic inequality.
Thus, from the above we can conclude that the correct option is B .
QUESTION 82
Lucent Technologies is considering a project that has the following cash flow and WACC data.
a) Determine the project's NPV.
b) Decide whether IRR or MIRR is appropriate for this problem. Explain which of these you chose and determine the value.
c) Given your solutions for a & b, advise management to accept or reject the project by making the appropriate comparisons.
7.45%
WACC:
Year
Cash flows
0
-$32,600 $15,000 $17,000
$13,000
-$4,000
a) the NPV of the project is $3,573.36. b) the MIRR of the project is 5.94%.
c) the positive NPV of $3,573.36 and the MIRR of 5.94%, it is advisable for the management to accept the project.
a) To calculate the NPV of the project, we need to discount the future cash flows to their present value using the weighted average cost of capital (WACC) of 7.45%.
Year 0 cash flow: -$32,600
Year 1 cash flow: $\(15,000 / (1 + 0.0745)^1\) = $13,947.74
Year 2 cash flow: $\(17,000 / (1 + 0.0745)^2\) = $14,377.64
Year 3 cash flow: $\(13,000 / (1 + 0.0745)^3\) = $10,748.23
Year 4 cash flow: -$\(4,000 / (1 + 0.0745)^4\) = -$2,900.25
NPV = -$32,600 + $13,947.74 + $14,377.64 + $10,748.23 - $2,900.25 = $3,573.36
Therefore, the NPV of the project is $3,573.36.
b) The IRR (Internal Rate of Return) and MIRR (Modified Internal Rate of Return) are both methods used to evaluate the attractiveness of an investment opportunity. The IRR is the discount rate that makes the NPV of the project equal to zero, while the MIRR is the discount rate that equates the present value of cash inflows to the future value of cash outflows.
In this case, since the project has non-conventional cash flows (negative initial cash flow followed by positive cash flows and then a negative cash flow), the IRR approach may lead to multiple IRR values, making it unreliable. Therefore, MIRR is more appropriate for this problem.
To calculate MIRR, we need to find the future value of the initial outflow, and the present value of all future inflows, then find the discount rate that equates these values.
Future value of the initial outflow: -$ = -$41,670.92
Present value of future inflows: $15,000 + $17,000 + $13,000 - $4,000 = $41,000
MIRR = [(41,000 / 41,670.92)^(1/4)] - 1 = 5.94%
Therefore, the MIRR of the project is 5.94%.
c) Based on the positive NPV of $3,573.36 and the MIRR of 5.94%, it is advisable for the management to accept the project. The positive NPV indicates that the project's inflows exceed the outflows, generating value for the company, while the MIRR of 5.94% is higher than the cost of capital of 7.45%, indicating that the project is expected to provide returns that are higher than the required rate of return.
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Why is financial accounting regulated whereas management accounting is not?
Answer:
Managerial accounting differs from financial accounting because the intended purpose of managerial accounting is to assist users internal to the company in making well-informed business decisions.
Explanation:
Your welcome!
Multiple Choice:
- 10 weeks
- 15 weeks
- 13 weeks
- 7 weeks
The project completion time is when all the activities are performed and the whole project is ready that is 15 Weeks.
What is a project?A project is an activity or a set of activity that takes place, the completion of those activities will mark the project as complete.
The project time that will be required is 15 Weeks, in the diagram provided the activity A1 needs to be performed first and after completion of activity A1, A2 needs to be done and only then A3 can be performed. The whole project will be completed at 15 Weeks (5+8+2). While if activity A2 is left the project can be completed in 7 weeks (5+2).
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What are the components of hire purchase contracts
Answer:
Explanation:
Hire purchase contracts are a type of agreement where a buyer purchases a product or item through installment payments. The components of hire purchase contracts typically include:
Buyer: The individual or organization purchasing the item through the hire purchase contract.
Seller: The person or company that owns the item and is selling it through the hire purchase contract.
Down payment: The initial payment made by the buyer at the beginning of the contract, typically a percentage of the total purchase price.
Installment payments: The regular payments made by the buyer to the seller to pay off the total purchase price of the item.
Interest rate: The rate charged by the seller on the outstanding balance of the purchase price. This is typically higher than the interest rate charged on a conventional loan.
Term: The length of time over which the buyer will make installment payments. The term can vary depending on the agreement between the buyer and the seller.
Ownership: The ownership of the item remains with the seller until the buyer completes all the installment payments.
Default: The consequences of defaulting on payments, including the seller's right to repossess the item if payments are not made.
Termination: The conditions under which the contract can be terminated, such as if the buyer pays off the entire purchase price early or if the seller breaches the contract.
Overall, hire purchase contracts are a way for buyers to purchase items they may not be able to afford upfront, while allowing sellers to earn a profit by charging interest on the outstanding balance. It is important for both parties to carefully review and understand the terms of the contract before agreeing to it.
Brandon Oil Company recently purchased oil and natural gas reserves in a remote part of Alaska for $800,000. Brandon spent $10,000,000 preparing the oil for extraction from the ground. Brandon estimates that 120,000,000 barrels of oil will be extracted from the ground. The land has a residual value of $20,000. During 2019, 14,990,000 barrels are extracted from the ground. Required: Calculate the amount of depletion taken in 2019. (Note: In your calculations, round depletion per barrel to two decimal places.)
Answer: $1,349,100
Explanation:
The depletion per barrel will be calculated as:
= (Total cost of reserve - Residual value) / Estimated barrels of oil
Total cost of reserve will be:
= $800,000 + $10,000,000
= $10,800,000
Then, the depletion per barrel will be:
= ($10,800,000 - $20000) / 120,000,000
= $10,780,000 / 120,000,000
= $0.09 per barrel
Depletion for 2019 will be:
= Depletion per barrel × barrels extracted
= $0.09 × 14,990,000 barrels
= $1,349,100
Consider a firm redesigning its logistics network. What are the advantages of having a small number of centrally located warehouses? What are the advantages of having a larger number of warehouses closer to the end customers?
Small centrally located warehouses offer cost efficiency and simplified inventory management, while larger warehouses closer to customers provide faster delivery, better customer service, and cost savings in shipping.
Having a small number of centrally located warehouses offers several advantages in a firm's logistics network:
Cost Efficiency: Centralized warehouses can lead to cost savings in terms of inventory management, transportation, and operational overheads. With fewer warehouses, the firm can benefit from economies of scale in procurement, storage, and distribution.
Simplified Inventory Management: Managing inventory becomes more streamlined when there are fewer warehouses. It allows for better control and visibility over stock levels, reducing the risk of stockouts or overstocking.
Faster Transit Times: With centrally located warehouses, products can be shipped more quickly to various regions since they are closer to major transportation hubs. This reduces lead times and improves overall customer satisfaction.
Improved Coordination: Centralized warehouses facilitate better coordination and synchronization of supply chain activities. It becomes easier to manage inbound and outbound logistics, optimize transportation routes, and consolidate shipments.
On the other hand, having a larger number of warehouses closer to end customers provides the following advantages:
Faster Delivery: Proximity to end customers enables faster order fulfillment and delivery. Products can reach customers more quickly, reducing transit times and improving responsiveness.
Enhanced Customer Service: Local warehouses allow for better customization and personalization of service. They can cater to specific regional preferences, offer faster response times to customer queries, and handle returns or exchanges more efficiently.
Lower Shipping Costs: By locating warehouses closer to customers, transportation costs can be reduced as products travel shorter distances. This can lead to cost savings in shipping expenses.
Flexibility and Redundancy: Having multiple warehouses distributed geographically provides redundancy and flexibility in the supply chain. It mitigates the risk of disruptions, such as natural disasters or transportation issues, as the firm can rely on alternative warehouse locations.
In summary, a small number of centrally located warehouses offer cost efficiency and streamlined inventory management, while a larger number of warehouses closer to end customers provide faster delivery, improved customer service, lower shipping costs, and increased flexibility.
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Determine the missing amounts in each of these four separate situations a through d.
a
b
с
d
$
2,816
625 $
4.375
3,313 $
11,264
11,864
Supplies available-prior year-end
Supplies purchased during current year
Total supplies available
Supplies available-current year-end
Supplies expense for current year
5.000
14,577
(1,075)
(3,296)
22,296
(800)
12,439
3,013
The determination of the missing amounts in each of these four separate situations, a through d, is as follows:
a b c d
Supplies available-prior year-end $2,816 $625 $4,375 $3,313
Supplies purchased (current year) 11,264 11,864 5,000 14,577
Total supplies available $14,080 $12,489 $9,375 $17,890
Supplies available-current year-end (1,075) (3,296) (800) (12,439)
Supplies expense for current year $13,005 $9,193 $8,575 $5,451
What are end-of-year adjustments?
The end-of-year adjustments are the changes made to the items of the balance sheet and income statements to ensure that the year-end financial reports accurately reflect the company's accounts in accordance with the accrual concept and the matching principle of US GAAP.
Thus, the missing amounts have been determined, but note that the amounts may not be accurate because the question was not complete.
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Financial support specialists will meet
with individuals and help determine
which of the following?
A. how many children would be best to have with their
salary
B. how much insurance they need to cover expenses
C. the best type of job for their career
D. what kind of car is most suitable for them
Financial support specialists will meet with individuals and help determine:
B. how much insurance they need to cover expenses.
What is financial support?Specialists in financial support tend to assist individuals and families in managing their finances including helping to set up budgets, saving money, and making investments. They might work in a variety of places like banks, financial planning companies or nonprofit organizations.
The duties of financial assistance is to help clients in figuring out how much insurance they require to cover their costs in the event of unplanned occurrences.
Therefore the correct option is B.
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