Metro, Inc. sells backpacks. The Company's accountant is preparing the purchases budget for the first quarter operations. Metro maintains
ending inventory at 10% of the following month's expected cost of goods sold. Expected cost of goods sold for Aprill is $74,000. All
purchases are made on account with 20% of accounts paid in the month of purchase and the remaining 80% paid in the month following the
month of purchase.
K
Sales
January February
March
$42,000 $54,000 $62,000
Budgeted cost of goods sold
Plus: Desired ending inventory
Inventory needed
5,400
47,400
(8,400)
Less: Beginning inventory
Required purchases
$39,000
Based on this information the amount of accounts payable appearing on the March 31 pro forma balance sheet is
Answers
The amount of accounts payable appearing on the March 31 pro forma balance sheet is $31,200.
Account payable
Using this formula
Account payable=Required purchases× Remaining percentage
Where:
Required purchases=$39,000
Remaining percentage=80%
Let plug in the formula
Account payable=$39,000×80%
Account payable=$31,200
Therefore the amount of accounts payable appearing on the March 31 pro forma balance sheet is $31,200.
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Related Questions
Using the readings for this unit as a guide, discuss what you see as the role of ethics as it pertains to management and managers. Does management, in your view, help shape the values and ethics of an organization? What about an organization’s sustainability efforts and commitment? On whom does the responsibility to consider sustainability fall? Is employee behavior, ethical or not, a by-product of the organization's ethical climate? What ideally is the manager's role in helping to create and maintain organizational integrity?
Answers
Managers must be committed to making decisions in accordance with core values such as honesty, integrity, respect for others, taking responsibility for their actions and being accountable for them. To be an effective, ethical leader, managers must learn how to spot ethical issues in their organization.
Social responsibility is a business's duty to make ethical decisions that positively impact society. Organizations need to consider how their actions affect communities to create long-lasting trusting relationships. In order to be socially responsible, companies must strictly follow their codes of ethics.
What should a consumer consider when deciding whether to purchase health insurance?
A.Whether they can use the money to travel instead.
B.Whether the policy will outlast the risks of making a claim
C.Whether the deductible is higher compared to other policies
D.Whether they can afford the cost of a serious accident or illness
Answers
Answer:
What should a consumer consider when deciding whether to purchase health insurance
D whether they can afford the cost lf a serious accident or illness.
A consumer should consider whether they can afford the cost of a serious accident or illness when deciding to purchase health insurance. Therefore, Option D is correct.
What is health insurance?It is insurance that covers medical expenses that arise due to an illness. It includes all the expenses that could be related to hospitalisation costs, cost of medicines, or doctor's consultation fees.
This insurance covers all those who pay for health and medical expenses. Some of the insurance also covers all of the costs of routine care, emergency care, and treatment for chronic illnesses. It is a kind of financial protection in the event of having a serious accident or illness.
Therefore, Option D is correct.
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QUESTION 8 of 10: True or False: You can somewhat control what your customers order without them realizing it.
a) True
b) False
Answers
Answer:
true
Explanation:
by trying to give the description of the thing the customer wants to buy, he/she will ultimately get convinced by what you say not what they need
The company can control the customers order to an extent by giving them offers and discounts.
Thus, the correct option is A.
What is customer service?Supporting current and potential consumers is known as providing customer service.
Building strong relationships with your clients is the secret to providing excellent customer service.
The consumer will have a favorable experience if you thank them and encourage a helpful, friendly, and happy environment. A satisfied client is more likely to make repeat visits and spend more money.
Essentially, the three "p"s of professionalism, patience, and a "people-first" mindset are the three key components of good customer service.
Going above and beyond to ensure that a customer is pleased with the company's goods or services is a sign of excellent customer service. Additionally, it entails offering timely, pleasant service to customers. Excellent problem-solving and communication abilities are equally vital.
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Which of the following is an advantage of engineering controls?
Answers
C : Because they modify the work environment and equipment to reduce or isolate the worker from the source of the exposure to a hazard, engineering controls are more effective than administrative and PPE controls.
What advantages do engineering controls provide?By removing hazardous conditions or putting a barrier between the worker and the hazard, engineering controls safeguard workers. Local exhaust ventilation, which collects and removes airborne emissions, and machine guards, which protect the worker, are two examples. Installing guardrails to prevent falls, using portable air conditioners to combat heat stress, limiting exposure to hazardous chemicals through ventilation, and installing noise absorption panels to reduce high noise levels are all examples of engineering controls.
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Complete question :
Which of the following is an advantage of engineering controls?
a. Administrative controls.
b. Personal protective equipment (PPE).
c. protect workers .
1. In the News: Investors Gorge on Corporate Bonds after Fed "Capitulation" Part 2
I have completed the problem.
Is it correct?
Answers
When investors expected that the Federal Reserve would raise interest rates, the spreads over US Treasuries on both investment grade and junk bonds Increased. However, when the Federal Reserve "capitulated," spreads for both classes of corporate bonds decreased. The words increased and decreased are correct.
What is the Federal Reserve?The Federal Reserve System often shortened to the Federal Reserve, or simply the Fed is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics.
Particularly the panic of 1907 led to the desire for central control of the monetary system to alleviate financial crises.
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Gearty and Olinto organized The Worthington Corp., which issued voting common stock with a fair market value of $240,000. They each transferred property in exchange for stock as follows
Property Adjusted Basis Fair Market Value Percentage of The Worthington Corp. Stock Acquired
Gearty Building $80,000 $164,000 60%
Olinto Land 10,000 96,000 40%
The building was subject to a $20,000 mortgage that was assumed by The Worthington Corp. What was The Worthington Corp.'s basis in the building?
Answers
Answer:
$80,000
Explanation:
Since Worthington Corp. assumed the the $20,000 mortgage which the building was subject to, the Worthington Corp.'s basis in the building is the adjusted basis of the building.
Therefore, Worthington Corp.'s basis in the building is $80,000 which is the adjusted basis of the building.
PLEASE HELP!
Erin borrowed $5,940 at 5.75% for 2 years 3 months. How much did she have to pay back in
total at the end of the 2 years 3 months?
Answers
Abbott Company purchased $8,500 of merchandise inventory on account. Abbott uses the perpetual inventory method. How does this transaction affect the financial statements?
Answers
This transaction will affect the financial statement by: Increase inventory and increase accounts payable.
Financial statement:Assuming the company purchased merchandise inventory on account of the amount of $8,500 using the perpetual inventory method the effect of the transaction on the financial statement is: Inventory will increase by $8,500 and accounts payable will increase by $8,500.
The company inventory will increase due to the purchase they made while the company accounts payable will increase because the company purchased the goods on credit which simply means that they are yet to pay their suppliers.
Inconclusion this transaction will affect the financial statement by: Increase inventory and increase accounts payable.
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Suppose that Rajiv, an economist from a research institute in Texas, and Simone, an economist from a public television program, are arguing over government bailouts. The following dialogue shows an excerpt from their debate:
Simone: Thanks to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days.
Rajiv: Indeed, it's gotten crazy! A government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets.
Simone: I don't know about that. Without a bailout of severely distressed financial firms, the economy will experience a deep recession.
The disagreement between these economists is most likely due todifferences in scientific judgments .
Despite their differences, with which proposition are two economists chosen at random most likely to agree?
Business managers can raise profit more easily by reducing costs than by raising revenue.
Employers should not be restricted from outsourcing work to foreign nations.
Central banks should focus more on maintaining low unemployment than on maintaining low inflation.
Answers
Employers should not be restricted from outsourcing work to foreign nations.
The proposition are two economists chosen at random most likely to agree: Employers should not be restricted from outsourcing work to foreign nations.
What do you mean by outsourcing?Outsourcing is known to be a kind of an agreement where a single firm tends to hires another firm to be solely responsible for a given planned or existing activity.
Note that Outsourcing is seen as the a business practice where a firm hires a third-party to carry out functions and as such, Employers should not be restricted from outsourcing work to foreign nations. The proposition are two economists chosen at random most likely to agree: Employers should not be restricted from outsourcing work to foreign nations.
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The 15-year average return for the S&P 500 from January 1973 to December 2016 (29 separate 15 year periods) was as high as a 20% average annual return and as low as a 3.7% average annual return. Additionally, the average dividend yield for the S&P is 4.11% and the average annual dividend growth rate is 6.11%.
Using this information, please compare the investment in the 5% 15-year corporate bond with a $100,000 investment in a stock with a 3.7% dividend yield (10 percent less than the S&P 500 average yield) and a 3% dividend growth rate (50 percent of the S&P 500 dividend growth rate).
The annual investment returns are as follows:
Year 1 (13.40%) Year 2 (23.37%) Year 3 26.38% Year 4 8.99%
Year 5 3.00% Year 6 13.62% Year 7 3.53% Year 8 (38.49%)
Year 9 23.45% Year 10 12.78% Year 11 0.00 Year 12 13.41%
Year 13 29.60% Year 14 11.39% Year 15 (0.73%)
The bond interest payment of 5 percent is paid annually and not reinvested. To compare accurately with the bond investment, the stock dividend will not be reinvested, but paid annually as well.
Please calculate the value of the stock account at the end of each year and the dividend income from the stock on an annual basis.
Once you have performed the calculations, please let me know if you prefer to invest in a 5% corporate bond for 15 years or the stock and why.
What is the value of the stock after year 2? Year 8? Year 11? When does the annual dividend income of the stock exceed the annual interest income of the bond?
Answers
1. The value of the stock account after Year 2 is $155,401.626.
2. The value of the stock account after Year 8 is $96,110.0674.
3. The value of the stock account after Year 11 is $96,110.0674.
4. The annual dividend income of the stock exceeds the annual interest income of the bond at the end of Year 15.
Bond interest rate: 5%
Stock dividend yield: 3.7% (10% less than S&P 500 average yield)
Stock dividend growth rate: 3% (50% of S&P 500 dividend growth rate)
We'll assume an initial investment of $100,000.
Year 1:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $100,000 + ($100,000 * 0.2337) = $123,370
1. Year 2:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $123,370 + ($123,370 * 0.2638) = $155,401.626
2. Year 8:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $155,401.626 + ($155,401.626 * (-0.3849)) = $96,110.0674
3. Year 11:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $96,110.0674 + ($96,110.0674 * 0) = $96,110.0674
4. At the end of Year 15, the dividend income of the stock exceeds the interest income of the bond.
Stock dividend income: $100,000 * 0.037 = $3,700
Bond interest income: $100,000 * 0.05 = $5,000
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5.6 Last month Quick Industries produced 900 units. This month they produced 1,264 units. What is the rate of change in production? a. 29.8% b. 32.8% c. 40.4% d. 60%
Answers
Answer: C. 40.4%
Explanation:
To find the rate of change in production, we can use the following formula:
Rate of change = (New value - Old value) / Old value * 100
Where,
Old value = Production of last month = 900
New value = Production of this month = 1264
Substituting the values in the formula,
Rate of change = (1264 - 900) / 900 * 100= 364 / 900 * 100= 0.404 * 100= 40.4%
Therefore, the rate of change in production is 40.4%, which is an option (c). I hope that this answer has helped you!
Answer:
The correct answer is C.
Explanation:
The rate of change in production is: (1264 - 900) / 900 = 0.404 or 40.4%. So, the correct answer is c. 40.4%
The consumer price index is meant to measure prices of goods and services due to _______.
A. None of these.
B. The relationship between aggregate demand and aggregate supply.
C. The effect inflation has on prices in comparison to a base year.
D. The forces that compel companies to raise prices.
Please answer it correctly and asap
Answers
Answer:
the answer is option B. nice to be of to u by the way am gracey
The best way to improve search engine ranking is with
1. Video
2. A blog
3.Having at least 500 words on the page
4.a lot of graphics per page
Answers
I believe it would be through a video (A). If you're wanting to make your website one of the highest or want to grow something, then the best way is to advertise. When you promote your website through a video, most viewers will be interested if its something they need, or its something that seems interesting.
Answer: A
You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.
PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior
DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility
Answers
The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.
Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.
As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.
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Pat Jones is a college student who is planning some networking opportunities for the current l semester. Pat wanted to look
professional for these events and felt a new suit would be a real benefit; however, the cost for the first event ended up being $75 which was a strain on the budget. Pat did not want to attend the remaining three events in the same outfit, so a new strategy was developed. Instead of paying for new suits in cash, Pat decided to charge the suits on a credit card, wear them to the events, and then return them the next day for full credit.
1. Do you feel Pat's new strategy is ethical? Why or why not? Could there be any consequences with this strategy?
2. How will this new strategy impact the company/companies where the suits are purchased?
3. What journal entry/entries would the company have to record related to the return of the suit?
Answers
Answer:
1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.
2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.
3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.
Explanation:
one argument in favor of labor unions is that they
Answers
The fact that union members often make more money than nonmembers is one argument in support of labor unions.
What is an example of labor?This effort that people put forth to produce goods and services is referred to as labor. Both the engineer who created the bus that delivers you to school and the waiter that brings you food at a nearby restaurant are examples of labor resources.
What is another term of labor?Work, grind, toil, struggle, and drudgery are a few popular synonyms for labor. While all of these terms refer to "action involving work or exertion," the term "labor" refers to employment that requires significant and frequently taxing physical or mental effort. The party's name, "Labor," did not have a regular spelling at first.
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Read the articles, the interview, and listen to the podcast then answer the following questions-
1. What is the main takeaway for you in each of them?
2. How can you incorporate what you learned in each of them into your final social media marketing plan?
"How to Create a Social Media Content Strategy"
"How to Integrate Your Digital Marketing and Social Media Plan for Online Success"
"The Journey of a Social Media Marketer: Q&A with SMT Influencer Rachel Strella"
Answers
Main takeaway: Creating a great social media content strategy is imperative for marketing and engaging your audience.
2a. I'll focus on a content strategy that meets our goals and audience needs.
2b. We'll regularly analyze content metrics to keep our strategy effective and flexible.
2c. I'll align our digital marketing with social media for a consistent brand experience. By merging plans, we can enhance our online presence and boost success.
2d. I'll apply the influencer's experiences to our marketing plan. I'll explore social media marketing challenges and strategies to adapt for success.
What is the Social MediaIntegrating Digital Marketing and Social Media for Online Success: Learn how aligning strategies can enhance brand experience and boost results.
Define your goals for content creation to increase brand awareness, website traffic, lead generation, or customer engagement. Identify target audience: demographics, interests, preferences. Use this info to personalize your content. Choose social media platforms that fit your audience and goals.
Analyze competitors' social media presence for successful tactics, content types, and engagement strategies. Get industry insights on what works well.
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Market research can help you strategize your _______ and _______ goals.
Primary research is more _______ than secondary research.
Your first marketing priority is to find out if you can _______ your product or services.
The grouping of people for marketing purposes is called _______.
Once you find out what people want, there’s a need to know the _______ for their choices.
Answers
Market research can help you strategize your business and marketing goals.
Primary research is more specific and tailored to your specific needs than secondary research.
Your first marketing priority is to find out if you can sell your product or services.
The grouping of people for marketing purposes is called segmentation.
Once you find out what people want, there's a need to know the motivations for their choices.
Market research plays a critical role in shaping business and marketing strategies by providing valuable insights into customer preferences, market trends, and competitive landscapes. It helps in identifying target markets, understanding customer needs, and developing effective strategies to achieve business and marketing goals.
By conducting research, businesses can gather data and information to inform their decision-making and ensure that their goals are aligned with customer expectations and market opportunities.
Primary research involves gathering firsthand data directly from the source, such as through surveys, interviews, or observations. It is more specific and focused on the unique needs and objectives of a particular study. Secondary research, on the other hand, involves using existing data and information from published sources.
While secondary research provides a broader understanding of a topic, primary research allows for more control and customization of the research process to address specific research objectives.
When launching a new product or service, one of the primary marketing priorities is to determine if there is a demand for it in the market.
Market research helps in assessing the viability and potential success of a product or service by gathering insights on customer preferences, needs, and market conditions. This information enables businesses to make informed decisions about product development, positioning, pricing, and marketing strategies.
Segmentation is the process of grouping individuals with similar characteristics or behaviors into distinct segments for marketing purposes.
By segmenting the market, businesses can target specific groups that are most likely to be interested in their products or services. Market segmentation allows for more personalized and targeted marketing strategies, resulting in better customer engagement and increased marketing effectiveness.
Once businesses identify what people want through market research, it becomes crucial to understand the motivations behind their choices. This involves delving deeper into the underlying reasons, preferences, and factors that drive consumer behavior.
By understanding the motivations behind consumer choices, businesses can tailor their marketing messages, product features, and overall customer experience to better align with customer needs and increase the chances of success in the market.
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g Thomas Franklin claimed an additional $3,000 in deductions he knowingly knew he did not qualify for so he could reduce his tax bill. This is referred to as tax:
Answers
A tax evasion has occurred when Franklin claimed an additional $3,000 in deductions knowingly that he did not qualify for reduction in his tax bill.
What is a tax evasion?A tax evasion is seen as a crime/offense because the taxpayer defaults in tax filing either by refusal in payment of tax or deduction from normal tax.
In conclusion, a tax evasion has occurred when Franklin claimed an additional $3,000 in deductions knowingly that he did not qualify for reduction in his tax bill.
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Which of these investments may be long term? Choose four answers.
savings accounts
mutual funds
bonds
retirement funds
commodities
Answers
These long-term investments are the asset size of company balance sheets i.e shown by a company's investments it including stocks, bonds, and real estate these are long-term as they are kept for one than one year.
The long-term investment includes mutual funds, bonds, retirement funds, commodities. These are investments that are made for the long term periods and may be for long-term goals of the individual or the organization.
Thus the options B, C, D, and E are correct.
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The investments may be long term is bonds and retirement funds.
What is long term investment?A long-term investment is an investment owned by an individual or company for more than three year.
This could be a company or an individual asset such as real estate and bonds that takes a long time to mature because they do not generate income immediately.
Therefore, The investments may be long term is bonds and retirement funds
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If the money supply is $60 billion, the velocity of money is 8, and real gdp is $320 billion, then the price level equals.
Answers
The velocity of money (V=PQ/M), a measure of the health of the economy, can be computed as the nominal gross domestic product (GDP) to the money supply.
rises in the money supply while the real GDP and money velocity are fixed?Money supply (M), money velocity (V), price level (P), and real gross domestic product (Y) are all related terms. The nominal GDP is denoted by PY. Inflation will result from an increase in the money supply (M) while keeping output (Y) and velocity (V) constant.
What is the money supply's equation?Money supply is calculated using the formula MS = (MB x MM). By dividing the needed reserve established by the Federal Reserve by 1, the money multiplier, or MB, MM, is calculated.
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How To Find The Best Luxury Portable Restrooms In Sacrament
Answers
Research reliable agencies with tremendous opinions, lots of restroom options, and exact customer support. Ask for referrals and reach out for a quote.
To locate the great luxury transportable restrooms in Sacramento, you can start with the aid of learning from reputable corporations specializing in luxurious transportable restroom rentals. Look for groups with nice purchaser opinions and quite a few restroom alternatives to pick from. Consider factors along with the restroom's length, amenities, and cleanliness.
You also can ask for referrals from pals, a circle of relatives, or event planners who've used luxurious portable restrooms in the past. Once you have got a listing of ability agencies, attain out to them to talk about your desires and obtain a quote.
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Evaluate two ways a school or college might help teachers achieve a better work life balance[8]
Answers
Answer: Schools or colleges can help teachers achieve a better work-life balance by offering flexible scheduling options such as part-time work, job sharing, or flexible hours.
Explanation: Additionally, schools or colleges can provide professional development and support opportunities, including training on time and stress management and resources such as counseling services or employee assistance programs. By implementing these strategies, schools or colleges can support teachers in managing their personal and professional responsibilities and maintaining a healthy work-life balance.
Type the correct answer in the box. Spell the word correctly.
Which external factor has enabled addition of special effects in advertisements and tracking of responses of customers over websites?
The________
factor has widened horizons for advertisers and has helped immensely in creation of new
communications media.
Answers
Consumer behaviour is an external factor that enabled addition of special effects in advertisements and tracking of responses of customers over websites.
The social media factor has widened horizons for advertisers and has helped immensely in creation of new
communications media.
What is Consumer behaviour?Consumer behaviour is the study of how individual customers, groups or organizations select, buy, use, and dispose ideas, goods, and services to satisfy their needs and wants. It refers to the actions of the consumers in the marketplace and the underlying motives for those actions.
Therefore, the correct answers are consumer behaviour and social media respectively.
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Javier has documents to give to his tax preparer. He had not started his tax return for this year but is a prior client what services do you offer him
Answers
Tax preparers will compute, file, and offer assistance to Javier.
What is the role of Tax preparers?The primary objective of these experts is to maximize tax returns for clients while abiding by all relevant rules.
Tax preparers can assist with tax return preparation as well as accounting, bookkeeping, and payroll services. Many tax preparers are employed full-time, part-time, or independently at private businesses or accounting firms. Although most of these specialists are employed year-round, tax season is often their busiest time.
Customer service, financial analysis, data input, and data management abilities are frequently used by tax preparers. Those who are good at problem-solving, communication, and critical thinking may excel in this position.
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g Molly is not married and has no children. She executes a will, disposing of her estate to her sister Nina. Later, Molly marries Owen. They have no children. Molly does not execute a new will before she dies. With respect to Molly's estate, Owen is entitled to
Answers
Based on the terms of the will, based on molly's estate, Owen is entitled to no part of her estate because the estate was already willed to her sister Nina.
According to the given question, we can see that Molly who was unmarried at the time of making her will, willed her estate to her sister and later got married to Owen and she died without making changes to her will.
The outcome is very clear as Owen is not entitled to anything, unless he is given by Nina, although he can contest the will in court, but Nina has the upper hand because legally she has the estate.
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24. A complete successful telephone contact has four basic parts:
a. name, the position, the job number, the location
b. name, the position, salary and work hours
c. name, the position, days and hours worked
name, the position, the hook and the goal
d.
Answers
Explanation:
name, the position, the job number, the
Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,650 pounds of material at $5.40 and standard cost for 4,490 pounds of material at $6.20 per pound. The direct materials price variance is a.$992 favorable b.$3,720 unfavorable c.$3,720 favorable d.$992 unfavorable
Answers
Answer:
Direct material price variance= $3,720 favorable
Explanation:
To calculate the direct material price variance, we need to use the following formula:
Direct material price variance= (standard price - actual price)*actual quantity
Actual cost= $5.4
Standard cost= $6.2
Actual quantity= 4,650
Direct material price variance= (6.2 - 5.4)*4,650
Direct material price variance=$3,720 favorable
Teal mountain corporation had income from continuing operations of 480,000 for the year ended on December 31, 2020. It also had a loss of 50000 on discontinuance of a division (before income tax). All items are subject to income taxes at 25% tax rate.
Income from continuing operations $480000
Discontinued operations
Loss on discontinued division______?
Net income/(loss) _______?
Answers
the loss on discontinued division is $37,500 and the net income/(loss) for the year ended December 31, 2020 is $331,875.
How to find?
To find the loss on discontinued division, we can use the information provided that there was a loss of $50,000 on discontinuance of a division before income tax. Since all items are subject to a 25% tax rate, we can calculate the tax on this loss as follows:
Tax on loss = 25% x $50,000
= $12,500
The loss on discontinued division after tax can be calculated by subtracting the tax on the loss from the original loss:
Loss on discontinued division after tax = Loss on discontinued division - Tax on loss
= $50,000 - $12,500
= $37,500
To calculate the net income/(loss) for the year, we need to subtract the loss on discontinued division after tax from the income from continuing operations and then apply the 25% tax rate to the resulting amount:
Net income/(loss) = (Income from continuing operations - Loss on discontinued division after tax) x (1 - Tax rate)
= ($480,000 - $37,500) x (1 - 0.25)
= $442,500 x 0.75
= $331,875
Therefore, the loss on discontinued division is $37,500 and the net income/(loss) for the year ended December 31, 2020 is $331,875.
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QUESTION 3
What information is available in NSLDS?
Your entire federal student loan history
a.
O b. Loan amount totals
O c. Assigned federal loan services
C.
d. All of these are correct.
Answers
The information is available in NSLDS (National Student Loan Data System) Option D. All of these are correct.
A. Your entire federal student loan history: This includes all federal loans, such as Stafford, Perkins, and PLUS loans. You can see when each loan was disbursed, the amount of the loan, and the current balance, as well as any interest accrued. You can also see the repayment status of each loan, including if the loan is in deferment or forbearance, or if payments are delinquent or in default.
B. Loan amount totals: NSLDS will show you the total amount of federal student loans that you have taken out. This is useful in understanding the overall picture of your student loan debt.
C. Assigned federal loan services: NSLDS provides information on the loan servicer assigned to each of your loans. Your loan servicer is the company that you will make payments to each month. Knowing who your loan servicer is and how to contact them is important for managing your student loans.
D. All of these are correct. All of the above information is available in NSLDS. It is an important tool for managing your student loan debt, as it allows you to see the big picture of your loans and stay informed about the status of each loan. Therefore, the correct option is D.
The question was incomplete, Find the full content below:
QUESTION 3
What information is available in NSLDS?
A. Your entire federal student loan history
B. Loan amount totals
C. Assigned federal loan services
D. All of these are correct.
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