Sydney Retailing (buyer) and Troy Wholesalers (seller) enter into the following transactions.


May 11 Sydney accepts delivery of $29,000 of merchandise it purchases for resale from Troy: invoice dated May 11; terms 3/10, n/90; FOB shipping point. The goods cost Troy $19,430. Sydney pays $655 cash to Express Shipping for delivery charges on the merchandise.
12 Sydney returns $1,300 of the $29,000 of goods to Troy, who receives them the same day and restores them to its inventory. The returned goods had cost Troy $871.
20 Sydney pays Troy for the amount owed. Troy receives the cash immediately.

(Both Sydney and Troy use a perpetual inventory system and the gross method.)

1. Prepare journal entries that Sydney Retailing (buyer) records for these three transactions.
2. Prepare journal entries that Troy Wholesalers (seller) records for these three transactions.
Sydney accepts delivery of $29,000 of merchandise it purchases for resale from Troy: invoice dated May 11; terms 3/10, n/90; FOB shipping point. The goods cost Troy $19,430.Sydney pays $655 cash to Express Shipping for delivery charges on the merchandise.Sydney returns $1,300 of the $29,000 of goods to Troy, who receives them the same day and restores them to its inventory. The returned goods had cost Troy $871.Sydney pays Troy for the amount owed. Troy receives the cash immediately.

Answer:

6.00%

Explanation:

Calculate the population growth rate from 2020 to 2021.

The population growth rate can be calculated as follows:

((212.00 - 200) / 200) * 100 = 6.00%

So, the population of Panem grew by 6.00% from 2020 to 2021.

Answer: $21291.6

Explanation:

The equivalent annual worth of the savings will be calculated thus:

Annual cost savings in year 1 = $15000

Increase in annual cost savings = $3000

Project period = 6 years

Interest rate = 15%

Annual worth of savings = A + G(A/G, 15%, 6)

= 15000 + 3000(15,000/3000, 5%, 6)

= 15000 + 3000(5000, 0.15, 6)

= 15000 + 3000(2.0972)

= 15000 + 6291.6

= 21291.6

Therefore, the annual worth of savings will be $21291.6

no then you would get in trouble, but then again it would be nice for you to do it fir him. tell the boss that he needed to go do something if he gets cureas.(can't spell)

Answer:

8 business functions:

Explanation:

1. Finance's role is to fund, manage budgets, accounting, financial controls, and audits.

2. Marketing's role is processing like promotions, pricing, sales and distributions.

3. Information Technologies role is to developed and operate systems and applications.

4. Customer Service's role is managing customers and handling their needs or requests like inquiries or returns.

5. Production's role is manufacturing products or delivering for different services.

6. Distribution's role is the process of teaching the customer with the product you are delivering or service you are providing.

7. Design's role is prioritizing and making sure the design of the product or service stands out as it's own business function.

8. Governance's role is firm in direction and control. They manage the performance of management.

As given that the taxable state income for the year is $70,000, the applicable tax rate is 5.5%, thus, the tax payable is $3,850.

A progressive tax is one in which the tax rate rises in proportion to the taxable amount. The term progressive refers to the manner in which the tax rate rises from low to high, resulting in a taxpayer's average tax rate being less than the person's marginal tax rate. The term can refer to either individual taxes or an entire tax system.

We are given that the taxable state income for the year is $70,000. Note that for this salary range, the tax rate of 5.5% is applicable.

Tax payable is computed as:

= $70,000 * 5.5%

= $3,850

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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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The demand-side strategies that sellers use to avoid the entry of new rivals do not include C. raising the market demand for the product.

Demand-side strategies focus on markets and consumers instead of focusing on the firm's resources and suppliers.

Using any strategies for raising the market demand for the product will not benefit a competitive seller. Instead, they will entice new entrants into the market.

Thus, to avoid the entry of new rivals, sellers' usage of demand-side strategies does not include raising the market demand for the product.

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A socialism is an economic system in which all the decisions about production, consumption, business creation, exchange rates, and the overall economy are made by the government. An example of the country with socialism as the economic system includes North Korea, Soviet Union.

It refers to the political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.

This system calls for a public ownership rather than a private ownership or control of property and natural resources.

Therefore, the socialism is an economic system in which all the decisions about production, consumption, business creation, exchange rates, and the overall economy are made by the government.

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Moggy Transporters operate in the transportation sector as they deliver products to various customers.

The transportation sector is an important industrial sector in the economy that deals with the movement of people and products. These include companies such as airlines, trucking, railroads, shipping, and logistics firms, as well as those that provide transportation infrastructure. The transportation sector is a category of companies that provide services to move people or goods, as well as transportation infrastructure.

The performance of companies in the transportation industry is highly sensitive to fluctuations in company earnings and the price of transportation services.

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Answer:

China

Explanation:

Whenever a manufacturer can create an item or function in larger volume for the similar price, or even the same amount at a cheaper price, than other suppliers, he or she has an absolute advantage Large profits from commerce amongst suppliers of various commodities with differing absolute advantages might be based on absolute advantage.

Answer:

Option c. is correct

Explanation:

By promoting transparency, the government can improve market efficiency.

The government should be transparent as transparency will also strengthen the democracy and effectiveness in Government. Openness provides information to the citizens about what their Government is doing for them.

Option c. is correct

The type of marketing where there are calls for building long-run consumer engagement, loyalty, and relationships by continually improving the benefits consumers receive from the firm's market offering is known as:

According to the given question, we are asked to state the type of marketing where there are calls for building long-run consumer engagement, loyalty, and relationships by continually improving the benefits consumers receive from the firm's market offering.

As a result of this, we can see that in customer value marketing, the business put in place various measures to improve the services which the customers receive so that they would remain loyal to their product.

Therefore, the correct answer is option A

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The external environment,   technological environment ,sociocultural environment are  three factors in the external environment that affect college environment.

The ethical view of an individual is formed by the contribution mostly of these factors -

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Answer:

Increased efficiency. Faster and more effective decision making. Improved quality of goods and services.

Answer:

$2,420,000

Explanation:

The computation of the current liabilities reported is shown below:

= Short term note payable due - liquidate value of short term note payable + additional cash used

= $5,960,000 - $5,080,000 + $1,540,000

= $2,420,000

First we take the difference of the short term note payable and then we added the additional cash used so that the amount of current liabilities could come

Answer:

ordering costs = $22.34

Explanation:

economic order quantity (EOQ) = √(2SD / H)

50 = √[(2 x S x 235) / $4.20]

2,500 = (2 x S x 235) / $4.20

$10,500 = 2 x S x 235

S = $10,500 / (2 x 235) = $10,500 / 470 = $22.34

Answer:

Explanation:

As the loan amount is gradually written off by the cost saved , the interest saved is also considered

P= ( 1+ R)^n

F = 9,000

R = 5% , 0.05

Loan amount - $33,000

N=Number of years

Year 1 = 9000( 1+0.05)^-1= 8,571.43

Year 2 =9000(1+0.05)^-2 = 8,163.27=  16.734.70

Year 3= 9000(1+0.05)^-3= 7,774.54 = 24,509.24

Year 4 = 9,000(1+0.05)^-4= 7,404.32= 31,913.56

Year 5 = 9,000 (1+0.05)^-5= 7,051.74= 38,965.3

Payback period is 5 years.

The company has the option of $33,000 for a control that will be repaid over five years period or a continuing hearing conservation program that would have paid ($9,000*5) $45,000 for the five years.

Comparing the two option , The Engineering control is a cheaper option and even with benefits that will outlast the continuing hearing program.

Answer:

To calculate the cost of goods sold using cost averaging, we need to determine the average cost per unit based on the given information.

Step 1: Calculate the total cost of the units received:

(30 units * $2.21) + (60 units * $2.20) + (20 units * $2.18) + (50 units * $2.25) = $66.30 + $132.00 + $43.60 + $112.50 = $354.40

Step 2: Calculate the total number of units received:

30 units + 60 units + 20 units + 50 units = 160 units

Step 3: Calculate the average cost per unit:

Total cost of units received / Total number of units received = $354.40 / 160 units = $2.215 per unit (rounded to the nearest cent)

Step 4: Calculate the cost of goods sold:

100 units sold * $2.215 per unit = $221.50

Therefore, the cost of goods sold using cost averaging is $221.50.

Answer:

1.7

Explanation:

The computation of the equity multiplier is shown below:

As we know that

Net working capital = current assets - current liabilities

So,

current liabilities is

= $26,900 - $8,200

= $18,700

And,

Total liabilities = current liabilities + long term debt

 = $18,700 + $21,500

= $40,200

Now

Total assets = Total liabilities  + Total equity

= $40,200 + $57,800

= $98,000

Now

Equity multiplier is

= Total assets ÷ equity

= $98,000 ÷ 57800

 = 1.7

It should be noted that in order to improve the customer relationship, one should encourage feedback.

Having a good customer relationship is important for the growth and the development of the business. It also aids profitablity.

This can be done by encouraging feedback, meeting the needs of the consumers and producing good, quality products.

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Answer:

Segmentation is to divide something into separate parts or sections

The two most common levels of education for Urban and Regional Planners are:

Basically, an urban & regional planning refers to the art and science of ordering land use development for the social, economic and political benefits of the population. Its involves a technical and political process that is focused on the development and design of land use and the built environment including air, water and the infrastructure passing into and out of urban areas such as transportation, communications, distribution networks, accessibility etc.

Most of the urban and regional planners develop a land use plans and programs that help create communities, accommodate population growth and revitalize physical facilities in towns, cities, counties, and metropolitan areas.

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Based on the information given, the IS function will be given as Y = 660 - 8r and the LM function will be Y = 438 + 3r.

Y = C + I + G

Y = 50 + 0.75(Y - T) + 100 - 2r + 120

Y - 0 75Y = 270 - 0.75T + 100 - 2r + 120.

0.25Y = 270 - 0.75T - 2r

Y = 1080 - 3(140) - 8r

Y = 660 - 8r

The LM function will be;

Ms = Md + P

440 = 2(0.5Y - 1.5r) + 2

440 = Y - 3r + 2.

Y = 438 + 3r

The equilibrium level of income and interest rate will be:

IS = LM

660 - 8r = 438 + 3r

8r + 3r = 660 - 438

11r = 222

r = 20.18

Replacing r in the IS equation will be:

Y = 660 - 8(20.18)

Y = 498.6

When money supply is raised from 1,000 to 1,200,the equilibrium interest rate will be:

= 1200/1000 = 1.2

Lastly, the impact of the change on the equilibrium level of income is that the money demand will be 477.6.

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Bronco consulting statement of Cash Flows for the Month Ended August 31, Cash flows from (used for) operating activities are:

Bronco Consulting

Statement of Cash Flows

For the Month Ended August 31, 20Y1

 Amount($) Amount($)

Cash flows from operating activities:    

Cash receipts from customers                                     31,540  

Cash payments for expenses and payments to creditors(Working note)                           -29,060  

Net cash flow used for operating activities                2,480

Cash flows from investing activities                           -  

Cash flows from financing activities:    

Cash received from issuing common                              32,180  

Cash paid for dividends                                               -8,000  

Net cash flow from financing activities                  24,180

Net increase in cash                                                  26,660

Cash balance, August I, 20YI                                    -  

Cash balance, August 31, 20YI                                  26,660

Working note

Rent expense                                8,700

Auto expense                        4,180

miscellaneous expense         1,930

Salaries expense                         12,900

total expense                              27,710

Accounts payable                         1,350

Total cash payment for an expense  

& creditors thus is 29,060

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As part of Human Resources Department, if Arianna provides the actual interview questions to John, then, she is violating the an ethical conduct that is expected from her, as a HR staff, because she is suppose ensure a fair interview process of all job applicant rather than short-changing it.

Basically, an ethic refers to an idea or moral belief that influences the behaviour, attitudes, and philosophy of a group of people.

In an organization, an ethical practice, means application of ethical values in organisational behavior. Its applies to all aspects of organisational conduct including in corporate governance, employment practices, sales techniques, stakeholder relations, accounting practices, issues of product, corporate responsibility etc.

Missing words "Identify the ethical issue or problem"

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A product is currently made in a process-focused shop, where fixed costs are $9,000 per year and variable cost is $50 per unit. The firm sells the product for $200 per unit. What is the break-even point for this operation? What is the profit (or loss) on a demand of 200 units per year? $

The break-even point is the point in sales volume where total costs and total revenues are equalized. The break-even point can be expressed in sales volume or in sales dollars. The break-even point can be calculated for individual product lines or for the entire business. It is an important concept in cost accounting and helps company management understand at what point the business will go from losing money to profitability.

Break-even point = fixed cost / (unit selling price - variable cost per unit) = $9,000 / ($200 - $50) = 60 units

When the demand is 200 units, profit = revenue - total cost = revenue - (fixed cost + total variable cost) = $200 ×200 - ($9,000 + $50 ×200) = $21,000

When total cost and total revenue are equal, a small business is said to have reached its break-even point and is in a neutral position. In other words, you've arrived at the point in your manufacturing cycle where the revenue from a product is equal to its production expenses. This figure should be included in your business plan for each new venture. In addition to learning the expected return on their investments, potential investors in a business often want to know when they may expect to see those returns. This is because it might take some businesses years to start making a profit, losing money frequently in the initial months or years before breaking even. This is why any business plan should include a section on break-even point.

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Answer:

$0.25 per mile

Explanation:

The computation of the depreciation expense per mile under units-of-activity method is shown below;

= (Purchase cost - expected salvage value) ÷ estimated driven miles

= ($26,000 - $1,000) ÷ 100,000 miles

= $0.25 per mile

Hence, the depreciation expense per mile under units-of-activity method is $0.25 per mile

Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.

Beverly Mills decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accommodate a variety of driving patterns.All the leases are for 3 years and require no money at the time of signing the lease.

The three lease options available to Beverly Mills are as follows:

Option 1:Monthly cost: $330Total mileage allowance: 36,000 miles (an average of 12,000 miles per year)Cost for any miles over 36,000: $0.35 per mile

Option 2:Monthly cost: $460Total mileage allowance: 45,000 miles (an average of 15,000 miles per year)Cost for any miles over 45,000: $0.45 per mile

Option 3:Monthly cost: $540Total mileage allowance: 60,000 miles (an average of 20,000 miles per year)Cost for any miles over 60,000: $0.55 per mile

Therefore, Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.

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a) The total sales price of all the computers is $13,200.

b) The total sales price of all the printers is $864.

c) The total sales price of everything, including the $2,000 installation is $16,064.

The total cost or total sales price is the addition of all the different product and service costs, including the markup.

                          Super-fast    Regular   Printers    Installation    Total

Product Cost        $600           $400         $90

Markup                  $120             $80          $18

Selling price         $720           $480        $108         $2,000

Units                        5                  20            8                  1

Total sales price $3,600    $ 9,600        $864        $2,000     $16,064

The total sales price of all the computers is $13,200 ($3,600 + $9,600).

The total sales price of all the printers is $864.

The total sales price of everything, including the $2,000 installation is $16,064.

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