The journal entries for the dividend-related transactions are as follows:
On June 15, Retained Earnings is debited and Dividends Payable is credited when a cash dividend of $1.60 per share is declared.On July 10, Dividends Payable is debited, and Cash is credited when the dividend is paid.On December 15, Retained Earnings is debited, and Dividends Payable is credited when a cash dividend of $1.70 per share is declared.June 15
Retained Earnings 99,200
Dividends Payable 99,200
(To record declaration of cash dividend)
On June 15, a cash dividend of $1.60 per share was declared. This declaration reduces the retained earnings (an equity account) and establishes a liability called dividends payable.
July 10
Dividends Payable 99,200
Cash 99,200
(To record payment of cash dividend)
On July 10, the previously declared cash dividend of $1.60 per share was paid to the stockholders. The dividends payable liability is decreased, and an equal amount is debited to the cash account as it is paid out to the stockholders.
Dec. 15
Retained Earnings 105,400
Dividends Payable 105,400
(To record declaration of cash dividend)
On December 15, a cash dividend of $1.70 per share was declared. This declaration reduces the retained earnings (an equity account) and establishes a liability called dividends payable.
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Bobby is the plant manager of one of the three manufacturing plants of a paper manufacturing company. He is responsible for synching the processes of his plant with the standards set at the company's headquarters. He sends weekly updates of raw material requirements to the purchase division at the headquarters. He also connects the company's human resources department with the employees who work in his plant. In this scenario, Bobby is most likely a _____. a. middle manager b. first-line manager c. top manager d. team leader
Answer:
a. middle manager.
Explanation:
In this scenario, Bobby is the plant manager of one of the three manufacturing plants of a paper manufacturing company. He is responsible for synching the processes of his plant with the standards set at the company's headquarters. He sends weekly updates of raw material requirements to the purchase division at the headquarters. He also connects the company's human resources department with the employees who work in his plant. In this scenario, Bobby is most likely a middle manager.
A middle manager refers to an individual who acts as an intermediary between the executive management and the employee working with the company.
If oxbow corporation does not record a sale made on account in december until a month later when the customer pays its invoice, how will oxbow's december financial statements be impacted?
If oxbow corporation does not record a sale made on account in december until a month later when the customer pays its invoice, Assets will be understated on the balance sheet, while revenues will be understated on the income statement.
A legal entity is an organization (usually a group of people or a legal entity) authorized by the State to act as a single entity and legally recognized as such for a specific purpose. Early incorporated entities were established by charter. Most jurisdictions now allow the formation of new companies through registration.
A corporation is a business entity owned by shareholders who elect a board of directors that oversees the activities of the organization. A company is responsible for its actions and finances, but its shareholders are not.
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Compute the efficiency and the utilization of the vehicle repair Department:
Design capacity = 60 trucks per day
Effective capacity = 50 trucks per day
Actual output = 36 trucks per day
The vehicle repair department has an efficiency of approximately 72% and a utilization of approximately 60%.
What is the efficiency and utilization of the vehicle repair department given the design capacity of 60 trucks per day, effective capacity of 50 trucks per day, and actual output of 36 trucks per day?The for efficiency and utilization of the vehicle repair department using the given values:
Efficiency: Efficiency measures how well the department is utilizing its effective capacity to produce output. It is calculated by dividing the actual output by the effective capacity and multiplying the result by 100 to express it as a percentage.In this case, the effective capacity of the vehicle repair department is 50 trucks per day, and the actual output is 36 trucks per day.
By dividing 36 by 50 and multiplying by 100, we get an efficiency of approximately 72%. This means that the department is utilizing about 72% of its effective capacity to produce the actual output.
Utilization: Utilization measures the extent to which the department is utilizing its maximum design capacity. It is calculated by dividing the actual output by the design capacity and multiplying the result by 100 to express it as a percentage.In this scenario, the design capacity of the vehicle repair department is 60 trucks per day, and the actual output is 36 trucks per day.
Dividing 36 by 60 and multiplying by 100 yields a utilization of approximately 60%.
This indicates that the department is utilizing around 60% of its maximum design capacity to achieve the actual output.
Overall, the efficiency of 72% indicates that the vehicle repair department is effectively using its available resources to produce output relative to its effective capacity.
The utilization of 60% suggests that there is still some room to increase the output and utilize more of the department's maximum design capacity.
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When problem-solving, a person should ask:
who.
how.
where.
why
Explore Incorporated is a new start-up specializing in renting camper vans. On January 1, Year 1 , the company purchased a new camper van with a total cost of $84,000. The company estimates that the van will have a 10-year useful life and a salvage value of $10,500. The company has elected to depreciate the van using the double-declining-balance method.
To calculate the depreciation expense using the double-declining-balance method, we need to determine the depreciation rate and apply it to the initial cost of the camper van each year.
Here's how you can calculate the depreciation expense for each year: Step 1: Determine the straight-line depreciation rate. The straight-line depreciation rate is calculated as (1 / Useful life). In this case, the useful life of the van is 10 years. Therefore, the straight-line depreciation rate is 1/10 or 0.1 (or 10%).
Step 2: Determine the double-declining-balance depreciation rate. The double-declining-balance depreciation rate is twice the straight-line depreciation rate. Therefore, the double-declining-balance depreciation rate is 2 * 0.1 = 0.2 (or 20%).
Step 3: Calculate the annual depreciation expense. Using the double-declining-balance method, the depreciation expense for each year is calculated by multiplying the beginning book value of the asset (initial cost - accumulated depreciation) by the double-declining-balance depreciation rate.
Year 1: Depreciation expense = Beginning book value * Double-declining-balance rate
= $84,000 * 0.2
= $16,800
Year 2: Depreciation expense = Beginning book value * Double-declining-balance rate
= (Initial cost - Year 1 depreciation) * 0.2
= ($84,000 - $16,800) * 0.2
= $13,440
Year 3 and subsequent years: Repeat the same calculation as Year 2 until the remaining book value reaches the salvage value of $10,500. It's important to note that the depreciation expense under the double-declining-balance method will decrease each year as the book value of the asset reduces. The depreciation expense will continue until the book value reaches the salvage value at the end of the useful life of the asset.
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QUESTION 11 Determining the price of compact discs is a concern of: a neither macroeconomics nor microeconomics. b. both macroeconomics and microeconomics. c. microeconomics. d.macroeconomics.
Determining the price of compact discs is a concern of microeconomics.
Determining the price of compact discs falls under the subject of microeconomics. Microeconomics is the branch of economics that focuses on the behavior of individual economic units, such as households, firms, and markets. It examines how these units make decisions regarding the allocation of scarce resources and the pricing of goods and services.
Pricing decisions, including the determination of the price of compact discs, are considered within the realm of microeconomics. Microeconomics analyzes factors such as supply and demand, production costs, market competition, and consumer behavior to understand how prices are determined in specific markets.
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Determining the price of compact discs is a concern of microeconomics. Thus, option C is correct.
The area of economics known as microeconomics focuses on how specific economic entities, such as individuals, businesses, and markets, behave. It looks at how these organizations decide how to divide up limited resources and set prices for goods and services.
Microeconomics is a branch of economics that deals with pricing considerations, notably how much CDs should cost. To explain how prices are set in particular marketplaces, microeconomics examines elements including supply and demand, manufacturing costs, market rivalry, and consumer behavior.
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in an ad/as model: a.the gdp deflator always slopes upwards. b.the potential gdp always slopes downwards. c.the cpi is shown on the vertical axis. d.real gdp is shown on the horizontal axis.
The correct answer is b .the potential gdp always slopes downwards.The GDP deflator quantifies price inflation or deflation in proportion to a specific base year, with the GDP deflator
The money price of all recently produced, locally sourced final goods and services over the course of a year is measured in relation to their real value using the GDP deflator, also known as the implicit price deflator. It can be used to determine the value of money. The entire monetary value of all finished goods and services produced on a country's territory over a certain time period is known as the gross domestic product, or GDP (quarterly or annually).The GDP deflator quantifies price inflation or deflation in proportion to a specific base year, with the GDP deflator of the base year itself being equal to 100, just as the consumer price index (CPI). Unlike to the CPI, the GDP deflator is not based on.
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Lawrence has been asked to learn how many cars drive by a specific location that his company is considering for a new restaurant. The most useful way to research this information would be by
Answer:
The answer is Investigating Primary Sources
Explanation:
I chose this answer because According to this problem, even though it doesnt say it, the smartest way to investigate a location you want to make a business
really you would need to see the sources for it.
If the federal reserve increases the interest rate on bank deposits at the fed, banks will want to hold:.
Here is your answer:-
The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System.
Explain how someone can be employed and still live below the poverty line.
a.the result of research performed primarily by universities.b.one of the weakest marketing environment forces.c.the application of knowledge and tools to solve problems and perform tasks more efficiently.d.applied sciences.e.the application of scientific knowledge to build products that customers desire.
Universities play a vital role in generating research results that drive innovation and contribute to the advancement of knowledge across various fields.
a. The result of research performed primarily by universities: Research performed primarily by universities refers to the studies and investigations conducted within academic institutions. Universities play a crucial role in advancing knowledge and contributing to various fields through their research efforts. The results of such research often lead to new discoveries, advancements, and innovations in different domains.
b. One of the weakest marketing environment forces: The term "marketing environment forces" typically refers to the external factors that influence a company's marketing activities and strategies. It includes elements such as competitors, customers, suppliers, social and cultural factors, economic conditions, technological advancements, and legal and regulatory frameworks. Considering your statement, if we interpret it as "one of the weakest forces within the marketing environment," it implies that this particular factor has relatively less impact or influence compared to other factors in the marketing environment. However, without specific context or clarification, it is difficult to determine which force is being referred to as weak.
c. The application of knowledge and tools to solve problems and perform tasks more efficiently: This statement describes the concept of "applied knowledge" or "applied skills." It involves using the knowledge, theories, methodologies, and tools acquired in a particular domain to address real-world problems and tasks in a more efficient and effective manner. Applied knowledge often encompasses practical and hands-on aspects of a field, allowing individuals or organizations to leverage existing expertise to find solutions, optimize processes, and achieve desired outcomes.
d. Applied sciences: Applied sciences refer to the disciplines that apply scientific knowledge and principles to address practical problems and develop useful applications. These sciences focus on the practical application of scientific theories, methodologies, and concepts in various fields such as engineering, technology, agriculture, healthcare, and more. Applied sciences bridge the gap between pure scientific research and real-world implementation, with the primary goal of solving specific problems and improving practical aspects of society.
e. The application of scientific knowledge to build products that customers desire: This statement highlights the concept of applying scientific knowledge to develop products that meet the demands and desires of customers. It involves leveraging scientific principles, research, and technology to create innovative and marketable products. By understanding customer needs and preferences, companies can utilize scientific knowledge and advancements to design, develop, and manufacture products that align with consumer desires, resulting in successful commercialization and customer satisfaction.
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workplace interruptions are most similar to _________ and would be classified as _________ stressors.
Workplace interruptions are most similar to work hindrances daily and would be classified as daily hassles stressors. Thus, option 'C' is the correct option.
Why are Workplace interruptions termed stressors?Office interruptions are frequently seen as stressors because they can interfere with a person's ability to concentrate, flow, and focus, which can lead to stress and worry. Colleagues popping into phone conversations, emails, or meetings are just a few examples of the various ways that interruptions can occur.
A person's train of thought can be broken by even brief pauses, making it challenging to pick up where they left off and finish their task quickly. According to research, frequent interruptions at work can lower productivity, increase stress levels, and impair job satisfaction.
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Probably the full options are:
a. role overload;
b. nonwork hindrance role overload;
c. work hindrance daily hassles;
d. work challenge role conflict;
e. nonwork challenge daily hassles:
f. work hindrance
A person's cognitive biases are MOST likely to affect what?
Question 1 options:
how their brains filter information
whether they use email or instant messaging
how much money they make
what kind of jargon they use
Question 2 (1 point)
Which of these is a secondary emotion?
Question 2 options:
fear
jealousy
anger
sadness
Question 3 (1 point)
Every afternoon at one o'clock, the air conditioner in Emilio's office turns on to lower the temperature by five degrees. Emilio finds it way too cold and it distracts him from his work. In this case, which element is affecting his perception and emotions?
Question 3 options:
culture
personality
physical environment
social media
Question 4 (1 point)
Hotaru is from Japan, where it is very common for multiple generations to live together. She is not judgmental of a 25-year-old man who lives with his parents because of her what?
Question 4 options:
physical environment
personality
culture
age
Question 5 (1 point)
Danielle tends to roll her eyes when listening to her little sister tell a story. What step should she take to increase her emotional awareness to address this issue?
Question 5 options:
consider her own feelings
monitor her facial expressions
operate on trust
be more empathetic
In Psychology, framing effect can be defined as a cognitive bias wherein a person's choice from a group of options is primarily influenced by the positive or negative connotations pertaining to the options that are available.
What is cultural diversity?Cultural diversity can be defined as an existence of cultural variety and cultural differences due to the presence of several ethnic groups that are living within a society.
In this context, we can logically deduce that some examples of distinctive cultural characteristics that differentiate groups are:
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Imagine that confidential information stored on your employer's servers is compromised in a data breach. This information contains customer identities, addresses, and financial information, as well as similar kinds of information on company business plans, pending patents, and intellectual property. Finally, the stolen information contains the confidential records for employment (ie, names, addresses, social security numbers, and so on). Do you think you know what to do, both as a person and as a company? How should a company in this position respond, and what do appropriate counter-measures and plans look like?"
As an individual, if you discover a data breach, immediately report it to your employer's IT or security team.
As a company, respond by conducting a thorough investigation, notifying affected individuals, offering assistance, implementing stronger security measures, and cooperating with authorities.
Appropriate counter-measures include encryption, access controls, regular security audits, employee training, and incident response plans. Plans should focus on prevention, detection, containment, and recovery.
In the event of a data breach involving confidential information, both individuals and companies need to take appropriate actions. As an individual, if you become aware of a data breach, it is crucial to promptly report the incident to your employer's IT or security team. This immediate action allows the company to initiate their incident response procedures promptly.
From the company's perspective, a comprehensive response is essential. The first step is to conduct a thorough investigation to determine the extent of the breach, the information compromised, and the cause of the breach. This investigation will provide valuable insights to guide subsequent actions.
Once the investigation is complete, the affected individuals should be notified promptly. Clear and concise communication is vital to inform customers about the breach, what information was compromised, and any potential risks they may face. Additionally, offering assistance, such as credit monitoring services or identity theft protection, can help mitigate the impact on affected individuals.
To prevent future breaches, the company should implement stronger security measures. These may include encryption of sensitive data, robust access controls to limit unauthorized access, regular security audits to identify vulnerabilities, and comprehensive employee training on security best practices.
Furthermore, a well-defined incident response plan is crucial. This plan should outline the steps to be taken during a breach, including prevention, detection, containment, and recovery strategies. Regular testing and updating of the plan ensure its effectiveness and readiness.
In summary, both individuals and companies need to act swiftly in the event of a data breach. Companies should respond by conducting investigations, notifying affected individuals, offering assistance, implementing stronger security measures, and cooperating with authorities. Effective counter-measures involve encryption, access controls, regular security audits, employee training, and well-defined incident response plans.
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what is meant by business objectives
Answer:
Business objectives are something which a business organisation wants to achieve or accomplish over a specified period of time. These may be to earn profit for its growth and development, to provide quality goods to its customers, to protect the environment, etc.
Answer:
Business objectives are something that a business organization wants to achieve or accomplish over a specified period of time.
Explanation:
These may be to earn profit for its growth and development, to provide quality goods to its customers, to protect the environment, etc.
one euro will buy u.s. $1.48, and a british pound will buy u.s. $2.06. what is the cross rate of euros per pound?
The cross rate of euros per pound is 0.72. This means that one euro is equivalent to 0.72 British pounds.
The cross rate of euros per pound can be determined by comparing the exchange rates of euros to U.S. dollars and pounds to U.S. dollars.
Given that one euro will buy U.S. $1.48 and one British pound will buy U.S. $2.06, we can calculate the cross rate as follows:
Euro per Pound = Euro to Dollar Rate / Pound to Dollar Rate
In this case, the Euro to Dollar Rate is 1.48 and the Pound to Dollar Rate is 2.06.
Euro per Pound = 1.48 / 2.06
By dividing 1.48 by 2.06, we find that the cross rate of euros per pound is approximately 0.72.
The cross rate is a valuable concept in foreign currency markets since it allows for the indirect conversion of two currencies. When direct exchange rates are not accessible or relevant, it assists individuals or businesses in determining the relative value of one currency in terms of another.
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What are scarce resources
Answer:
Scarce resources are resources that are in limited availability.
Explanation:
Hope this helped:)
Answer:
Limited Goods or goods that are running out
Explanation:
Economic Definition of scarce resource. Defined. Scarce goods are also termed economic goods. Scarce resources are used to produce scarce goods. Like the more general society-wide condition of scarcity, a given resource is scarce because it has a limited availability in combination with a greater productive use.
Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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The impact of Furman v. Georgia (1972) was that states had to
promise to use the death penalty only with approval from the Supreme Court.
throw out the old Miranda warning and write a new one.
agree to throw out all state laws regarding crime and impose national standards.
create clear standards to be applied fairly before imposing the death penalty.
Answer: D.create clear standards to be applied fairly before imposing the death penalty.
Explanation: The answer it's right there
The impact of Furman v. Georgia (1972) was that states had to
create clear standards to be applied fairly before imposing the death penalty.The Furman v. Georgia caseThis was a case that had to do with the cruel and the unusual way that people faced in the death penalty.
The case ruled that the death penalty was unconstitutional if it was applied in a discriminatory way.
It ruled that the eight amendment was being violated if used in this way.
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If there is a high demand for a product, then production will be__.
a. decreased
b. increased
c. the same
d. none of the above
Answer:
the answer is b. increased
Answer:
B.increased
Explanation:
if there is high damand for a product they will make/order more so they can get more money off of that popular item because a lot of people are buying it. so most likley the production of that item will be increased because it will help make them lots of money if they have that item in their store a lot.
business that makes athletic shoes is a domestic business. b. goods-producing business. c. global business. d. service business
Answer:
Goods-producing
Explanation:
Answer:
Goods Producing Business
Explanation:
Question 8 A cup of coffee with cooling constant k=-0.11 per minute is placed in a room at temperature 19°C. If the coffee is served at 91°C. how long will it take to reach a 10 points Save Ane drinking temperature of 66°C? 6.7 minutes 5.4 minutes 4.9 minutes 3.9 minutes
The correct option is C, 4.9 minutes. Time taken to reach drinking temperature of 66°C is 4.9 minutes.
The temperature of coffee is initially 91°C and the temperature of the room is 19°C.
So, the initial temperature difference will be, 91°C - 19°C = 72°C.
The cooling constant of coffee, k = -0.11 per minute.
The temperature of the coffee will decrease exponentially, which can be modelled using the formula,
T = T0 e^(kt)
where T0 is the initial temperature of the coffee,
T is the temperature of the coffee after t minutes, and
e is the mathematical constant approximately equal to 2.71828.
Plugging in the values of T0, k, and T, the above formula can be rewritten as,T/T0 = e^(kt)
Solving for t, we get:
t = ln(T/T0) / k
where ln is the natural logarithm function.
We need to find the time taken to reach a drinking temperature of 66°C, which means T/T0 = 66°C / 91°C = 0.725.
Thus,t = ln(0.725) / k = 4.9 minutes (approx)
Therefore, the time taken to reach drinking temperature of 66°C is 4.9 minutes.
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In your own words, discuss why trading relations, blocs and agreements are important to facilitating trade? Discuss how trade is influenced by partnerships and relations that are built globally. Reflect on why trade is much more than just exchanging in commodities.
You must provide one response of up 350 words.
Trading relations, blocs, and agreements play a crucial role in facilitating international trade. They provide a framework and set of rules that govern the flow of goods and services between countries.
Trading relations, blocs, and agreements play a crucial role in facilitating international trade. They provide a framework and set of rules that govern the flow of goods and services between countries, creating a predictable and stable environment for businesses to engage in cross-border trade. Here are a few reasons why these mechanisms are important in promoting global trade:
Market Access: Trade agreements and partnerships often involve the reduction or elimination of tariffs, quotas, and other trade barriers. By opening up markets and reducing protectionist measures, countries can access larger consumer bases and expand their export opportunities. This leads to increased trade volumes and economic growth for participating nations.Standardization and Harmonization: Trading relations and agreements help in standardizing rules and regulations related to product standards, intellectual property rights, customs procedures, and other trade-related policies. By aligning these regulations, countries can ensure compatibility and ease of trade, reducing transaction costs and promoting efficiency.Investor Confidence: A stable and predictable trade environment created through partnerships and agreements enhances investor confidence. When businesses have certainty about market conditions and regulations, they are more likely to invest in foreign markets, establish production facilities, and engage in long-term trade relationships. This stimulates economic development and job creation.Economic Integration: Trade blocs, such as the European Union and ASEAN, foster economic integration among member countries. By deepening economic ties, these blocs promote intra-regional trade, investment, and cooperation. They create larger and more integrated markets, allowing businesses to benefit from economies of scale and specialization, leading to increased competitiveness.Peace and Diplomacy: Trade relations and agreements contribute to building positive diplomatic and political ties between nations. Engaging in trade fosters mutual understanding, dialogue, and cooperation, reducing the likelihood of conflicts. Economic interdependence created through trade can act as a deterrent to hostilities and promote peaceful relations.Trade is much more than the simple exchange of commodities. It serves as a vehicle for cultural exchange, knowledge transfer, and technological advancements. Through trade, countries can access new ideas, technologies, and innovations from around the world, stimulating growth and development. Trade also promotes global interconnectedness and cooperation, encouraging collaboration on global challenges such as climate change, public health, and poverty alleviation.
In conclusion, trading relations, blocs, and agreements are vital in facilitating trade by providing a framework for international commerce. They promote market access, standardization, investor confidence, economic integration, peace, and diplomacy. Trade goes beyond the exchange of goods and services, playing a significant role in fostering economic development, cultural exchange, and global cooperation.
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about how long will it take Levi’s investment of $350 to double if it earns 14.5% simple interest?
A. 5 years
B. 6 years
C. 7 years
D. 8 years
Answer:
A. 5 years
Explanation:
Present value = $350
Future value = $700
Interest = 14.5%
Number of years = Nper (-Pv, Fv, I)
Number of years = Nper (-350, 700, 14.5%)
Number of years = 5.119080084
Number of years = 5 years
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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Use the Brewery. Xlsx file to answer the following question: Across all four locations, what percentage of total profit is made in MA?
a. 75. 69%
b. 84. 00%
c. 45. 26%
d. 74. 56%
e. 84. 2%
The correct option is D. 74. 56% percent of total profit is made in MA.
Percentage of total profit made in MA = (Total profit made in MA / Total profit across all four locations) x 100
= ($1,748,860 / $2,338,770) x 100
= 74.56%
An XLSX file is a type of spreadsheet file format that is used by Microsoft Excel and other spreadsheet software programs. The XLSX file format is an open XML-based format that was introduced with Microsoft Office 2007 and has since become the default file format for Excel.
An XLSX file contains one or more worksheets, which are used to organize and manipulate data. Each worksheet is made up of a grid of cells that can contain text, numbers, formulas, and other data. XLSX files can be used to perform various functions such as financial modeling, budgeting, and data analysis.
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What accounts are affected. issued check $644 to pay for an advertisement
Answer:
Bank and Advertisement accounts
Explanation:
Journal entries
Advertisement A/c Dr $644
To Bank A/c $644
(Being advertisement expenses made by cheque)
Bank and Advertisement accounts are affected
According to the video, what are some qualities Air Traffic Controllers need? Check all that apply.
physical strength
clear speaking
teamwork
alertness
repair skills
a driver’s license
Answer:
B,C,D ON EDGE 2020-2021
Explanation:
Based on the information given, the qualities Air Traffic Controllers need are:
Clear speakingTeamworkAlertnessThe correct options are B, C, and D.
What does an air traffic controller do?They control the flow of aircraft into and out of the airport's airspace, direct pilots during takeoff and landing, and keep an eye on the movement of aircraft in the sky. To communicate with pilots, air traffic controllers employ radio technology.
Clear speaking is necessary because Air Traffic Controllers are responsible for communicating with pilots to provide them with critical information, such as weather conditions, runway changes, and other important details. Any miscommunication or misunderstanding could have severe consequences, so it's essential that Air Traffic Controllers are articulate and can communicate clearly.
Teamwork is also crucial for Air Traffic Controllers because they work closely with other Air Traffic Controllers and other professionals, such as pilots, airport personnel, and maintenance crews. They need to be able to coordinate and collaborate effectively to ensure the safe and efficient flow of air traffic.
Thus, the ideal selections are options B, C, and D.
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A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. If the pre-split market cap was 1.71B, what would the post-split market cap be?
A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. the post-split market cap be 684 million
What is market cap?Generally, In a 2-for-5 reverse split, every 5 shares of stock are combined into 2 shares. This means that the number of outstanding shares of stock will be reduced by 2.5 times. If the pre-split market cap is 1.71B, the post-split market cap can be calculated by dividing the pre-split market cap by 2.5:
1.71B / 2.5 = 684 million
So, the post-split market cap would be approximately 684 million. Please note that this calculation is based on the assumption that the value of the company's stock remains the same after the reverse split. In practice, the value of the stock may change as a result of the reverse split.
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Can you really answer the question of whether an opportunity is real before developing a product concept?
Answer:
Yes
Explanation:
For example, it has been said that what prompted e-commerce on platforms such as Amazon, eBay, etc was a result of the opportunity their founders saw with the invention/adoption of the internet.
In other words, they saw a real opportunity (through the internet growth rate) and thus decided to develop a product concept. Hence, we could thus conclude with a yes to the question.