Mary Graham worked as a real estate agent for Piedmont Properties for 15 years. Her annual income is approximately $100,000 per year. Mary is considering estab- lishing her own real estate agency. She expects to generate revenues during the first year of $2 million. Salaries paid to her employees are expected to total $1.5 million. Operating expenses (i.e., rent, supplies, utility services) are expected to total $250,000. To begin the business, Mary must borrow $500,000 from her bank at an interest rate of 15 percent. Equipment will cost Mary $50,000. At the end of one year, the value of this equipment will be $30,000, even though the depreciation expense for tax purposes is only $5,000 during the first year.
a) Determine the (pre-tax) accounting profit for this venture.
b) Determine the (pre-tax) economic profit for this venture.
c) Which of the costs for this firm are explicit and which are implicit?

Answer: b

Explanation: Because the monopolist must lower the price on all units in order to sell additional units, marginal revenue is less than price. Because marginal revenue is less than price, the marginal revenue curve will lie below the demand curve.

Answer:

hi..i also need marking plan draft

Answer: Treasury stock debit 5000

cash credit 5000

Explanation: the amount they paid for treasury stock

According to the Sandler Company, the journal entry of the given data is:

Treasury Stock   (Dr.)    $ 5,000

Cash  (Cr.)  $ 5,000.

All company transactions are documented in journal entries. Any financial activity that has an effect on the firm is a transaction, in the broadest sense.

They encompass every transaction involving the exchange of money, including interest payments, depreciation, costs, and payroll. They are not just restricted to the purchasing and selling of goods and services.

Budgets and other financial documentation for accounts, departments, and the entire company are created using journal entries.

The capacity of the accounting team to categories transactions into the relevant accounts, as well as to track and properly analyze financial activities for the business, will be impacted by the quality and consistency of journal entries.

Therefore, according to the Sandler Company, the journal entry of the given data is:

Treasury Stock   (Dr.)    $ 5,000

Cash  (Cr.)  $ 5,000.

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A variety of stocks, bonds, and bank accounts.

What Is Diversification?

A portfolio's investments are mixed together in a broad variety as part of the risk management approach known as diversification. To reduce exposure to any one asset or risk, a diversified portfolio combines a variety of different asset classes and investment vehicles.

This strategy is justified by the idea that a portfolio made up of many asset classes would, on average, produce superior long-term returns and reduce the risk of any one holding or security.

In order for the beneficial performance of certain assets to offset the bad performance of others, diversification aims to smooth out unsystematic risk occurrences in a portfolio. The benefits of diversity only apply if the assets in the portfolio are not fully linked; in other words, if they react to market factors differently, frequently in opposite directions.

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A person who requests for a loan and has a low credit score will be subjected to higher interest rates from banks. As a result, choice (B) is accurate.

Between 300 and 550 is regarded as a low credit score. You must make significant efforts to raise your credit score if it is in this area. You will not be qualified to apply for a loan or a credit card if you have a low credit score.

Whether it's a car loan, mortgage, or credit card account, borrowing can be more difficult if you have a poor score interest rates. And even if you are approved, your high risk of default means that you will probably have to pay higher interest rates.

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This prompt explains some details of the UBS Scandal/Crisis. This scandal was historic because of its magnitude as well the potential damage it would have caused had it not been contained.

The key role of the Swiss government which aided the scandal was that she supported anonymity and secrecy between the parties involved (that is the banks and their clients).

Not that the corporate culture was in itself bad. The corporate culture at Barclays at that time was largely:

Yes, The scandal would have lingered. This is because, UBS had engaged in a high-risk move, which was exposed by the mortgage crises of the time.

Of course, it mattered to the entities that were going to be impacted. It was estimated that in Switzerland alone, about 1 million current account holders and three hundred thousand corporate accounts were at risk.

Even at a Net-on-Net position, had the Swiss Government not bailed UBS out, it would have resulted in a disastrous effect of global proportions.

Taken too far, this culture drove some of those involved to do all they could to win, albeit unethical actions.

There is no way to tell for sure. On the balance of probability (based on history and industry character), however, one could say that there is a 50 percent chance that scandals are occurring every now and then.

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Answer:

Demand-pull inflation can be caused by an expanding economy, increased government spending, or overseas growth.

Explanation:

Answer:supplier relationship management

Explanation:

Supplier relationship management concerns facilitating the operations and communications between the buyer and supplier using software applications​.

Supplier relationship management (SRM) is the method of determining the providers or suppliers that are essential to a business and executing a system of managing connections with those critical suppliers.

The objective of SRM is to increase the importance of supplier connections and to streamline acquisition processes. Without an adequate SRM technique, buyers risk cut off supply chains, etc.

Therefore, Supplier relationship management is concerned with the facilitation of operations and communication between the buyers and the suppliers.

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Ryan can show Delia homes listed with XYZ Realty and other brokers in the market if:

Delia gives verbal consent to see homes listed by XYZ Realty: This condition highlights the significance of Delia's consent. If Delia explicitly gives verbal consent to Ryan, it signifies that she is comfortable with viewing homes listed by XYZ Realty. Delia's consent is crucial in allowing Ryan to proceed with showing homes from XYZ Realty.

(d) Delia has given written Intermediary consent: This condition specifically refers to written consent in the form of an intermediary agreement. In some cases, Delia may choose to engage Ryan as an intermediary, authorizing him to show homes listed by multiple brokers, including XYZ Realty.

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Hosting events and creating social media campaigns are just two ways that your community can support the 16 days of activism campaign. By coming together and taking action, we can create a safer.

The 16 days of activism is a global campaign that aims to raise awareness about gender-based violence and empower individuals to take action against it.

Hosting Events: One way to support the 16 days of activism is by hosting events in your community. These events can range from panel discussions, workshops, film screenings, and rallies.

By hosting these events, you can bring together members of your community to discuss the issue of gender-based violence, share their experiences, and brainstorm ways to address it. Additionally, hosting events can help to raise awareness about the campaign and encourage more people to get involved.

Social Media Campaigns: Another way to support the 16 days of activism is by creating social media campaigns. Social media has become a powerful tool for advocacy, and you can use it to raise awareness about gender-based violence and the 16 days of activism campaign.

You can create posts that highlight the importance of the campaign, share stories of survivors of gender-based violence, and encourage others to take action. By creating social media campaigns, you can reach a wider audience and inspire more people to get involved in the fight against gender-based violence.
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Answer:

The correct answer is A. A main reason cited by American businesses for outsourcing jobs to other countries is the high cost of  labor in the United States.

Explanation:

Outsourcing means separating from the organizational structure of the enterprise some functions performed by them independently and transferring them to other entities for execution. This decentralization process is very evident in American companies that produce manufactured goods, which place the primary production processes in other countries such as China, Mexico or Vietnam, among others, to produce their products at a lower cost, given the lower costs. labor (lower wages, lower taxes, less expensive regulations, etc.).

Answer:

The answer is A for E2020

Explanation:

Just took the Exam

The court ruled in favor of American Airlines in the Michael J. French v. American Airlines case, finding that the airline had not broken the Americans with Disabilities Act by mandating that the passenger's service animal remain in a kennel throughout the flight.

An airline passenger's request for a reasonable accommodation under the Americans with Disabilities Act (ADA) was the subject of the Michael J. French v. American Airlines lawsuit in 2009. A disabled traveler named Michael J. French asked American Airlines to give him a special seat for his Golden Retriever service dog on a flight from Utah to Pennsylvania. American Airlines turned down the demand.

The case was handled in Utah's Central Division of the US District Court.

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Answer:

Teamwork

Explanation:

Product characteristics: unpredictable demand, many changes, high product variety, price markdowns, short lead-times, high profit margin -> responsive model

Product characteristics: predictable demand, few changes, low product variety, price stability, long lead-times, low profit margin -> efficient model

Supply chain capabilities model characteristics, high cost, low utilization, minimum inventory, flexible suppliers -> innovative products

Supply chain capabilities model characteristics, low cost, high utilization, deployed inventory, low-cost suppliers -> functional products

The responsive model is designed for products with high levels of uncertainty and variety, and the focus is on agility and flexibility.

The supply chain is characterized by high costs, low utilization, and minimal inventory, but flexible suppliers help the company to quickly respond to changes in demand.

The efficient model, on the other hand, is designed for products with predictable demand, low levels of change, and low product variety. The focus is on cost-effectiveness, and the supply chain is characterized by low costs, high utilization, deployed inventory, and low-cost suppliers. The efficient model is often used for functional products with low profit margins.

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The type of business is likely to have purchasing activities related primarily to consumable goods rather than products that will later be re-sold to customers service oriented business.

A company that is service-oriented offers a service to its clients or consumers. Whether they offer goods or services determines how businesses and other operations are commonly categorized. Farms, mines, and manufacturing are some of the sources of goods.

Whether or not they are clients, those who are service-oriented concentrate on foreseeing, identifying, and satisfying the needs of others. They care about people and make themselves available to them. It follows that they are more inclined to experience empathy and compassion for those around them.

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According to the the question, the debt safety ratio is 24.33% on the payment of $410 where on the payment of $150 the debt safety ratio is 17.65%.  

While your debt safety ratio measures your monthly consumer debt payments to your monthly take-home pay, your debt service ratio compares your total monthly loan payments to your gross monthly income.

This ratio primarily considers debt commitments, such as your mortgage, instalment, and personal responsibilities, that will not be paid off by the minimum needed payments within the next 10 months, and ignores current liabilities.

Debt safety ratio = Total monthly credit payment / monthly take home pay.

Therefore,

On the monthly credit payment = $ 410

Monthly take payment = $ 1685

Debt safety ratio = 410 / 1685 = 0.2433 = 24.33%.

Here,

On the monthly credit payment = $ 150

Monthly take payment = $ 850

Debt safety ratio = 150 / 850 = 0.1765 = 17.65%.

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Based on the given merchandising transactions, a journal entry has been prepared below:

No Date General Journal Debit Credit

1 Aug 01 Merchandise inventory $6,000

Accounts payable-Aron  $6,000

2 Aug 05 Accounts receivable-Baird $4,200

Sales  $4,200

3 Aug 05 Cost of goods sold $3,000

Merchandise inventory  $3,000

4 Aug 08 Merchandise inventory $5,000

Accounts payable-Waters  $5,000

5 Aug 09 Delivery expense $200

Cash  $200

6 Aug 10 Sales return and allowances $1,000

Accounts receivable-Baird  $1,000

7 Aug 10 Merchandise inventory $500

Cost of goods sold  $500

8 Aug 12 Accounts payable-Waters $500

Merchandise inventory  $500

9 Aug 14 Accounts payable-Aron $190

Cash  $190

10 Aug 15 Cash ($3,200 - $3,136) $3,136

Sales discounts ($3,200 x 2%) $64

Accounts receivable-Baird ($4,200 - $1,000)  $3,200

11 Aug 18 Accounts payable-Waters ($5,000 - $500) $4,500

Merchandise inventory ($4,500 x 1%)  $45

Cash ($4,500 - $4,455)  $4,455

12 Aug 19 Accounts receivable-Tux $3,600

Sales  $3,600

13 Aug 19 Cost of goods sold $1,800

Merchandise inventory  $1,800

14 Aug 22 Sales return and allowances $600

Accounts receivable-Tux  $600

15 Aug 29 Cash ($3,600 - $600) $3,000

Accounts receivable-Tux  $3,000

16 Aug 30 Accounts payable-Aron ($6,000 - $190) $5,810

Cash  $5,810

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Ross White wants to reconsider his decision of buying the brackets and is considering making the brackets in-house. The solution for all problems is

This is further explained below.

Generally, Since bracket demand is essentially consistent throughout the year and there are 250 working days per year, the daily demand rate equals the number of units demanded every day.

\($$\begin{aligned}d &=\frac{2,500}{250} \\\end{aligned}$$\)

d=10

(b) When using the production run model, the ideal production amount should be determined by the yearly setup cost equaling the annual holding or carrying cost.

\(\frac{Q}{2}\left(1-\frac{d}{p}\right) C_h=\frac{D}{Q} C_s\)

where d is the daily demand rate, p is the daily production rate, C s is the setup cost, C h is the carrying cost per unit per year, and D is the yearly demand. 10% of this cost would be the holding expense, thus

C_h=10 *$ 14.80

As a result of solving the equation, we get the ideal production volume.

\($$\begin{aligned}Q^* &=\sqrt{\frac{2 D C_s}{C_h\left(1-\frac{1}{p}\right)}} \\&=\sqrt{\frac{2 \times 2,500 \times \$ 25}{\$ 1.48 \times\left(1-\frac{10}{50}\right)}} \\&=325\end{aligned}$$\)

The optimal production quantity is 325 brackets.

(c)

The ideal production volume divided by the daily production rate determines the duration of each production cycle.

\($$\begin{aligned}\frac{Q^*}{p} &=\frac{325}{50} \\&=6.5 \text { days }\end{aligned}$$\)

The number of brackets sold throughout the time period is calculated by multiplying the daily demand rate by the duration of each manufacturing cycle.

\(\begin{aligned}\frac{Q^*}{p} d &=\frac{325}{50} \times 10 \\&=65\end{aligned}$$\)

(d)

The maximum inventory level according to the manufacturing run model is 269, because

\($$\begin{aligned}Q^*\left(1-\frac{d}{p}\right) &=325\left(1-\frac{10}{50}\right) \\&=260\end{aligned}$$\)

Additionally, the average inventory is equal to half of the maximum inventory, therefore

\($$\begin{aligned}\frac{Q^*}{2}\left(1-\frac{d}{p}\right) &=\frac{325}{2}\left(1-\frac{10}{50}\right) \\&=130\end{aligned}$$\)

And the annual holding cost is

\($$\begin{aligned}\frac{Q^*}{2}\left(1-\frac{d}{p}\right) C_h &=130 \times \$ 1.48 \\&=\$ 192.4\end{aligned}$$\)

(e)

The recommended number of manufacturing runs each year is

\($$\begin{aligned}\frac{D}{Q^*} &=\frac{2,500}{325} \\& \approx 8\end{aligned}$$\)

The yearly setup cost would thus be

\(\begin{aligned}\frac{D}{Q^*} C_s &=\frac{2,500}{325} \times \$ 25 \\&=\$ 200\end{aligned}$$\)

(f)

The entire yearly inventory cost is equal to the annual setup cost plus the annual holding cost when using the ideal manufacturing run size.

\(\begin{aligned}T C &=\frac{D}{Q^{-}} C_s+\frac{Q^*}{2} C_h\left(1-\frac{d}{p}\right) \\&=\$ 192.4+\$ 200 \\&=\$ 392.4\end{aligned}$$\)

(g)

Since there is a 2,500 unit annual demand for brackets and that demand is mostly stable, the lead time—defined as the interval from the time an order is placed and the time it is received—is $0.5 days. The reorder point, or ROP is identified as

ROP=Demand per day*Lead time for a new order in days

\(\\&=\frac{2,500}{250} \times 0.5 \\&=5\end{aligned}$$\)

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Answer:

Kindly check explanation

Explanation:

Technological advancement has without doubt brought a whole lot to our environment ranging from the ease, speed and volume at which we get things done, the making of new and better products to mention just a few. However, like most other impacting strategies, it comes with its own points of concern. The derision of ethics by certain technological processes have raised a few eyebrows, the need to innovate has to be checked and balanced such that it does not infringe upon the values and morals of individuals and businesses. Some of the ethical concerns include ; increased and easy accessibility to immoral viewings. The intrusion of private and public data unsolicited data in other derive or generate insight. This data may often be used for more than it was requested. The threat posed to health due to testing usually from innovative experiment and research.

Answer:

See nelow

Explanation:

We will start off with the computation of cash receipts from suppliers and cash paid to suppliers

Revenues

$192,000

Less:

Accounts receivables

($60,000)

Cash receipts from customers

$132,000

Operating expenses

$78,000

Less: Accounts payable

($23,000)

Cash paid to suppliers

$55,000

Cash flow from operating activities

Cash receipts from customers

$132,000

Less:

Cash paid to suppliers

($55,000)

Net cash from operating activities

$77,000

The four phases that characterize the Business Cycle are:

The first stage is that of expansion where the economy grows and employment shrinks. At the peak, the economy is producing at full capacity.

The economy now starts slowing down at the contraction stage which is also known as a recession. If things don't change, this leads to a trough which is where the economy will be at its worst.

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Answer:expansion, peak, contraction, and trough.

Explanation:

If Five bonds were purchased yesterday, and 5 bonds were purchased today. How much more that the 5 bonds cost today is: $75.

Using this formula

Bond Yield =Total annual interest of bond / Total current cost of bond at closing

First step is to calculate the Closing bonds

Closing bonds=(96.875 x 10)× 5 bonds

Closing bonds= $968.75 × 5 bonds

Closing bonds= $4,843.75

Second step is to calculate the Next day cost of bonds

Next day cost of bonds=[(96.875 + 1.50) x 10]× 5 bonds

Next day cost of bonds = $983.75 × 5 bonds

Next day cost of bonds= $4,918.75

Third step is to calculate the Cost of bonds today

Cost of bonds today=$4,918.75 - $4,843.75

Cost of bonds today = $75

Therefore If Five bonds were purchased yesterday, and 5 bonds were purchased today. How much more that the 5 bonds cost today is: $75.

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Answer: A CEO's job is so complex because of the many different aspects that they need to control and execute.

For example, the CEO is responsible for managing the business strategy, business strategy, finance, operations, and many other things of the organization. In addition to these aspects, Tim Cook had to follow in the footsteps of Steve Jobs, who was a renowned innovation leader.

Not only does Cook not seem like such a strong innovator, he's also struggled to keep up with the 's technological upgrades and market competition. Since taking on the role of CEO, he has had to choose where to focus his time and appears to have focused on company culture and leadership team transformation.

Explanation:

Based on the information given the gross profit is $186,200.

Using this formula

Gross profit=Net sales– Cost of Goods Sold

Where:

Net sales=470400

Cost of Goods Sold=284200

Let plug in the formula

Gross profit=470400-284200

Gross profit=186,200

Inconclusion  the gross profit is $186,200.

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Answer:

In this case, a trial court would probably enforce the contract because although the statute of Frauds requires contracts for longer than one year to be willing to be enforceable, since it is possible that Gray may die within the year coupled with the showing by Damon of none months payments, the contract is enforceable. As a result, the Statute of Frauds would be enforceable because the oral contract was possible to fulfill within the one-year .

Effective Communication: Communication becomes increasingly complex and challenging to manage as the number of individuals reporting directly to the fire chief rises.

By putting a plan in place to avoid fires, you can dramatically minimize the amount of damage they can do and prevent them from starting in the first place.

To avoid and guard against the destruction brought on by fire, workplace fire safety is crucial and required. Fire safety lowers the possibility of injuries and building damage that can result from fires.

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Note that the general ledger account for the above transactions are attached accordingly.

The opening balance of the inventory account is carried forward from the previous month.

The purchases and sales transactions increase and decrease the inventory balance, respectively. The returned goods transaction decreases the inventory balance.

The cash account   balance is increased by the amount of cash paid for purchases and decreased by the amount of   cash received from sales.

The accounts payable account   balance is increased by the amount of goods purchasedon credit and decreased by the amount of goods returned.

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Full Question:

Although part of your question is missing, you might be referring to this full question:

Shabangu Suppliers (not a registered VAT vendor) is a retail entity situated in the Limpopo province. The perpetual inventory system is in use and merchandise are sold at a 20% mark-up on cost. The following transactions took place during May 2023:

Date Transaction R

6 Purchased merchandise from Matsene traders and paid cash. 7548

15 Sold merchandise to Mr Hall for cash 2568

29 Purchased merchandise from Zittace traders on account. 10 800

31 Returned merchandise purchased on credit to Zittace traders 2703

The opening balance of the inventory account on 1 May 2023 was R5 411

Required:

Post the above transactions to the general ledger account provided below.

Instructions for numeric responses:

1. Use a full stop to indicate any decimals (eg: 1000.01)

2. Round off to the second decimal after the full stop (eg: 50.56)

3. When no amount needs to be entered in a column, then indicate this by entering "0" in the column.