Answer:
Units transferred= 304,000 units
Explanation:
Giving the following information:
The Assembly Department started the month with 24,000 units in its beginning work in process inventory. An additional 309,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 29,000 units in the ending work in process inventory of the Assembly Department.
To calculate the number of units transferred, we need to use the following formula:
Units transferred= beginning inventory + units transferred for the month - ending inventory
Units transferred= 24,000 + 309,000 - 29,000
Units transferred= 304,000 units
What is the general relationship between risk and return?
The TSA suits:
A.
Engineering students.
B.
Construction students.
C.
Technology students.
D.
STEM students.
Answer:
STEM Students - TSA focuses on all areas of stem, not just technology.
Explanation:
got it correct
Question 9
A policy loan is made possible by which of these life insurance policy features?
O Policy loan provision
Grace period provision
Owner's rights provision
Consideration provision
7 of 15 Questions Remaining
Insurance is a contract under which an underwriter agrees to provide payments to an insured's descendants after the insured drops dead in return for a premium.
How might you define insurance?Insurance is a tool for risk management. You acquire protection against unforeseen economic losses when you purchase insurance. If anything unpleasant happens to you, the insurer compensates you or someone else of your choosing. If you don't have coverage and an incident occurs, you can be liable for all expenses.
What serves as insurance's main goal?Its goal is to lessen monetary unpredictability and control unintentional loss. It does this by substituting the acceptance of a significant risk with the payment of a little, defined fee—an insurance bill a skilled insurer. loss and a pledge to make the payment in the case of just one.
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If the monthend bank statement shows a balance of $36,000, outstanding checks are
$10,000, a deposit of $4,000 was in transit at month end, and a check for $600 was
erroneously charged by the bank against the account, the correct balance in the bank
account at month end is
Explanation:
36,000, outstanding checks are
$10,000, a deposit of $4,000 was in transit at month end, and a check for $600 was
erroneously charged by the bank against the account, the correct balance in the bank
account at month end is
Paul’s grocery received 1,000 pounds of onion at $0.11 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a makeup rate of 180% based on cost.
The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.
What is the selling price per pound for onions?Total Cost = Quantity * Cost per pound
Total Cost = 1,000 pounds * $0.11/pound
Total Cost = $110
Spoilage Quantity = 3% of Quantity
Spoilage Quantity = 3% of 1,000 pounds
Spoilage Quantity = 0.03 * 1,000 pounds
Spoilage Quantity = 30 pounds
Effective Quantity = Quantity - Spoilage Quantity
Effective Quantity = 1,000 pounds - 30 pounds
Effective Quantity = 970 pounds
Makeup Rate = 180%
Selling Price per pound:
= (Total Cost * Makeup Rate) / Effective Quantity
= ($110 * 1.80) / 970 pounds
= $2.03505/pound.
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The underlying assumption of the dividend growth model is that a stock is worth: Group of answer choices
Answer:
B
Explanation:
A. the same amount to every investor regardless of their desired rate of return.
B. the present value of the future income which the stock generates.
C. an amount computed as the next annual dividend divided by the market rate of return.
D. the same amount as any other stock that pays the same current dividendand has the same required rate of return.
the dividend models are used to determine the value of a stock. It is assumed that the value of the stock is equal to the present value of the cash flows or dividends of the stock
The intrinsic value of a stock can be calculated using various dividend models. some of dividend growth models include:
1. The Gordon constant growth dividend model
2. The two-stage dividend growth model
3. The H-model
4. The three-stage dividend growth model
For example, if the dividend of a share in year 1 and 2 is 50 respectively and the discount rate is 10, the present value of the firm =
50 / (1.1) + 50 / (1.1^2) = 86.78
Explain the difference between 50/50 and 40/40 emotional energy, and provide an example of each.
The concepts of 50/50 and 40/40 emotional balance are often used in relationships and emotional relationships.
50/50 Emotional strength is a state in which two people in a relationship are equal in relation to each other and are willing to give equal weight to maintain the relationship. In this case, both parties give and receive equal incentives and share responsibility for the success or failure of the relationship. An example of 50/50 emotional strength in a good relationship is a couple who communicate well, listen to each other's needs, and encourage each other.
On the other hand, the 40/40 mindset is when both partners in a relationship focus on their own emotional needs and refuse to give their partners equal support.
In this case, neither partner is invested in the other's feelings, resulting in a lack of motivation and a contradictory relationship. An example of 40/40 emotional stability in a romantic relationship would be a couple in which one partner feels neglected and supported while the other focuses only on their own needs and feelings.
In general, the concept of emotional strength emphasizes the importance of joint initiatives in relationships and the benefits of motivation and balance between two partners.
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What is the residual income(loss) if a company has sales of $205,000, cost of goods sold of $115,000, operating expenses of $40,000, average invested assets of $915,000, and hurdle rate of 12.75 percent?
Answer:
Following are the solution to this question:
Explanation:
value Amount
Sale \(\$ 205,000\)
The less cost of product sol \(\$115,000\)
The less operate expenses \(\$40,000\)
Earning \(= \$205,000- \$115,000 - \$40,000 = \$ 50,000\)
Average funds invested \(\$915,000\)
Investment return \(= \frac{ \$50,000}{\$915,000} \times 100 = 5.464 \%\)
Required Income \(= \$ 915,000\times 12.75\% = \$ 116,662.5\)
Residual Income (Loss) \(= \$50,000 - \$116,662.5 = (\$66,662.5)\)
The use of the word "monopoly" in the name of the market structure called "monopolistic competition" refers to the fact that
a. monopolistically competitive firms produce beyond their efficient scale and so do monopolists.
b. monopolistically competitive markets have free entry and exit just like a monopolistic market.
c. monopolistically competitive firms charge prices equal to their marginal costs just like monopolists.
d. a monopolistically competitive firm faces a downward-sloping demand curve for its differentiated product and so does a monopolist.
"Monopolistic competition" refers to the fact that; In a monopolistic competitive market, as in a competitive market, there are many sellers and they can come and go as they please. So option b. is correct.
Define Monopolistic competition.Monopolistic competition is when manufacturers compete with each other by selling different products that are not perfect substitutes for each other.
If there is only one supplier in the market, he is called a monopoly. Traditional economic theory sees a monopoly as the perfect antithesis of perfect competition. The demand curve that a monopolist encounters is, by definition, the industry's downhill demand curve.
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B. Matching Type. Match Column B with Column A
Answer:
B. Matching Type. Match Column B with Column A
1. Safety equipment ⇒ C. Must be worn.
2. Danger signs ⇒ D. Inflammable
3. Safety information ⇒ E. Warning Do not touch.
4. Caution signs ⇒ B. No Smoking
5. Serious injuries ⇒ A. First Aid
An company is owned by shareholders?
Answer: A shareholder is an owner of a company as determined by the number of shares they own.
Explanation:
A stakeholder does not own part of the company but does have some interest in the performance of a company just like the shareholders. However, their interest may or may not involve money.
After submitting a résumé by mail, how long should you wait before following up with an employer?
a.
1 day
b.
2-3 days
c.
1 week
d.
2 weeks
Answer:
1 week
Explanation:
because you didn't know if the employer has seen the mail or not
What is the first step in preparing a bank reconciliation?
A. comparing the adjusted balances
B. preparing journal entries
C. adjusting the balance per books
D. adjusting the balance per bank
Answer:
The first step in reconciling a bank statement is to compare financial record activities with bank statement activities
Explanation:
Which pricing strategy has the advantage of being simple to calculate but has the disadvantage of ignoring demand and competitive conditions
Answer: cost based pricing
Explanation:
Cost-based pricing is when the pricing is based on the production cost, the manufacturing cost and also the distribution cost.
The price of such good or service will be derived when a fraction of the manufacturing costs is added to the selling price. This sum will be required to generate the profit for the product.
Even though it is easy to calculate, it ignores demand and competitive conditions.
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Using the appropriate tool from the Accountant Tools menu, the 4 options that can be batch reclassified in QuickBooks Online Accountant are options A, B, C and F:
ClassesCustomersProducts and ServicesAccountWhat is QuickBooks Online Accountant?In the above question, too batch reclassify these items, you can use the "Batch Reclassify Transactions" tool, which can be found under the Accountant Tools menu.
This tool allows you to select multiple transactions and reclassify them to a different account, class, customer, or product/service.
Therefore, Locations, tax codes, and suppliers cannot be batch reclassified using this tool. However, you can edit individual transactions to change their location, tax code, or supplier if necessary.
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See full question below
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Classes
Customers
Products and Services
Locations
Tax Code
Account
Suppliers
When it come to getting your alcohol awareness card
Two friends are in your business. One of them is visibly intoxicated. You tell the VIP you cannot serve him any more alcohol. The friend gives the VIP their drink. What must you do?
If you are a server or bartender with an alcohol awareness card, it is important to adhere to the laws and regulations regarding the sale and service of alcohol.
As a server or bartender with an alcohol awareness card, if a visibly intoxicated VIP is given another drink by their friend, it is your responsibility to take appropriate steps to prevent the VIP from consuming more alcohol. Politely remind the friend that it is illegal to give alcohol to someone who is visibly intoxicated and refuse to serve any more alcohol to the VIP.
Inform the friend that their action is a violation of the laws, and involve a manager or supervisor if necessary to prevent the VIP from being served any more alcohol. As a responsible server or bartender, you have a legal and ethical responsibility to serve alcohol responsibly and prevent overconsumption and impaired driving.
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50k in 2018 what is it?
Answer:
It means that 50,000 dollars was made in 2018
Explanation:
The volatility of a non-dividend-paying stock whose price is $78, is 30%. The risk-free rate is 3% per annum (continuously compounded) for all maturities. Calculate values for u, d, and p when a two-month time step is used. What is the value of a four-month European call option with a strike price of $80 given by a two-step binomial tree. Suppose a trader sells 1,000 options (10 contracts). What position in the stock is necessary to hedge the traders position at the time of the trade
Purchasing 500.00 shares of the non dividend paying stock is necessary to hedge the traders position at the time of the trade
What is Stock hedging?Stock hedging means the act of buying investment which are designed to reduce the loss risk from another investment.
T = 4 months = 4/12 = 1/3 year
n = 2
t = T/n = 2/2 = 2 months = 2/12 = 1/6 years
u = 1.1303
d = 1/u = 1/1.1303 = 0.8847
p = (ert - d) / (u - d)
p = (e^3% x 1/6 - 0.8847) / (1.1303 - 0.8847)
p = 48.98%
Su = S0 x u
Su = 78 x 1.1303
Su = 88.16
Sd = S0 x d
Sd = 78 x 0.8847
Sd = 69.01
Suu = u x Su
Suu = 1.1303 x 88.16
Suu = 99.65
Sud = Su x d
Sud = u x Sd
Sud = 78
Sdd = d x Sd
Sdd = 61.05
Cuu = max (Suu - K, 0)
Cuu = max (99.65 - 80, 0)
Cuu = 19.65
Cud = max (Sud - K, 0)
Cud = max (78 - 80, 0)
Cud = 0
Cdd = max (Sdd - K, 0)
Cdd = max (671.05 - 80, 0)
Cdd = 0
Cu = [p x Cuu + (1 - p) x Cud]e-rt
Cu = [48.98% x 19.65 + (1 - 48.98%) x 0]e-3% x 1/6
Cu = 9.58
Cd = [p x Cud + (1 - p) x Cdd]e-rt
Cd = 0
Value of a four-month European call option = [p x Cu + (1 - p) x Cd]e-rt = [48.98% x 9.58 + (1 - 48.98%) x 0]e^-3% x 1/6
Value of a four-month European call option = 4.67
Since the trader has sold call options, he need to buy:
= (Cu - Cd) / (Su - Sd) * N
= (9.58 - 0) / (88.16 - 69.01) * 1,000
= 500.00 shares.
In conclusion, purchasing 500.00 shares of the non dividend paying stock is necessary to hedge the traders position at the time of the trade.
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Which of the following best explains why a country might specialize in the production of a good?
O Consumers in the country only demand a single good.
O The country believes it is generally better to do one thing really well than multiple things.
The country cannot produce other goods and services.
Specialization allows the country to exchange for more of other goods than it could produce.
The best explanation for why a country might specialize in the production of a good is specialization allows the country to exchange for more of other goods than it could produce (option D).
Specialization in the production of a particular good enables a country to take advantage of its available resources, labor, and technology to produce that good more efficiently and at a lower cost compared to other countries. As a result, the country can sell its specialized good to other countries in exchange for other goods that it needs but cannot efficiently produce on its own.
For example, if a country specializes in the production of coffee, it can produce coffee beans at a lower cost and higher quality than other countries due to its favorable climate and available resources. The country can then trade its coffee for other goods that it cannot produce as efficiently, such as electronics or machinery.
Specialization also leads to increased productivity and efficiency, as workers can focus on producing a specific good and become highly skilled in that area. This can lead to technological advancements and innovations, which can further improve production efficiency and competitiveness in the global market.
In conclusion, specialization allows a country to leverage its strengths in the production of a specific good, trade it for other goods it needs, and increase productivity and competitiveness.
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You are creating a budget with your family. What is one important thing to keep in mind as you come up with a plan for spending?
One important thing to keep in mind when creating a budget with your family is to ensure that everyone is on the same page and that their input is taken into consideration.
It is important to start by identifying your family's income and fixed expenses such as rent/mortgage, utilities, insurance, and debt payments. Then, discuss variable expenses such as groceries, entertainment, and transportation.
Once you have a clear understanding of your expenses, it's important to set realistic goals and prioritize spending accordingly. This may involve making some tough decisions and cutting back on discretionary spending in order to achieve your financial goals.
Finally, it's important to regularly review and adjust your budget as needed to ensure that you are staying on track and meeting your goals. By working together and being mindful of your spending, your family can achieve financial stability and a more secure future.
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An example of an investing activity on a statement of cash flows is:
Multiple Choice
Paying wages of employees.
Withdrawals by the owner
Purchase of land.
Selling inventory.
Contribution from owner.
An example of an investing activity on a statement of cash flows is Purchase of land.
Which of the following actions falls under the category of investing?Long-term investments, long-term purchases, taking notes payable, lending loans, and a select few other investments aside from cash and cash equivalents are all included in investing operations.
What exactly is a financial activity?In accounting, the term "investing activities" refers to the acquisition and disposal of long-term assets as well as other corporate investments over a certain reporting period. The reported investing activities of a company provide information on the total investment gains and losses it incurred over a specific time period.
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Uhhhh..... can someone help me plz
Katrina graduated from college with a degree in veterinary science. She also has an interest in law enforcement. What company might be interested in hiring Katrina?
Question 5 options:
a government building looking for a security officer
a city government in need of an animal control officer
a county commissioner looking for an executive assistant
a large bank in need of a network manager
MAKARO SUPERSTORE TRIAL BALANCE 31 December, 2022 Capital 30000$ Plant and Machinery 50,000$ Debtors 200,000$ Creditors 100,000$ Loan 95,000$ Interest on Loan 3,000$ Cash 20,000$ Provision for Doubtful Debts 7,000$ Stock on 1st April, 2017 68,000$ Motor Vehicles 100,000$ Bank 35,000$ Land and Building 120,000$ Bad Debts 5,000$ Purchases 660,000$ Sales 1,100,000$ Purchases Return 15,000$ Sales Return 80,000$ Transportation Out Carriage Outwards 25,000$ Transportation In Carriage Inwards 30,000$ Salaries 90,000$ Rent and Insurance 30,000$ Advertising 35,000$ Discount Received 5,000$ General Expenses 34,000$ Bills Receivable 60,000$ Bills Payable 20,000$ Rent Received 3,000$
To prepare the Makara store balance sheet, we will categorize the items into their respective asset, liability, and equity categories.
MAKARO SUPERSTORE Balance Sheet As of 31 December, 2022Assets:
Plant and Machinery: $50,000
Debtors: $200,000
Cash: $20,000
Stock: $68,000
Motor Vehicles: $100,000
Bank: $35,000
Land and Building: $120,000
Bills Receivable: $60,000
Total Assets: $653,000
Liabilities:
Creditors: $100,000
Loan: $95,000
Interest on Loan: $3,000
Provision for Doubtful Debts: $7,000
Bills Payable: $20,000
Total Liabilities: $225,000
Equity:
Capital: $30,000
Total Equity: $30,000
Total Liabilities and Equity: $653,000
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which of the following jobs function check accounting in the ledger and financial statements?
Answer:
Audit is the one who check .....
3. Which of the following is NOT something you need to find out about in career planning?
a. the age of workers in an occupation
b. wages paid
c. education and training required
d. duties performed
Answer:
D
Explanation:
Question 7 of 10
If you borrow $2,000 at 5 percent simple interest, how much will you owe
after one year?
A. You will owe 5 percent of the principal only.
OB. You will owe the principal of $2,000 only.
C. You will owe the principal of $2,000 plus 5 percent of the principal.
D. You will owe the principal of $2,000 minus 5 percent of the
principal.
You will owe the principal of $2,000 plus 5 percent of the principal.The correct answer to this question is C.
Simple interest is calculated by multiplying the principal by the interest rate and the time period. In this case, the principal is $2,000 and the interest rate is 5 percent. After one year, the interest accrued would be $100 (5% of $2,000).
Therefore, the total amount owed after one year would be $2,100 ($2,000 principal + $100 interest). It is important to note that simple interest is calculated only on the principal amount borrowed, and not on any interest that has already accrued.
Additionally, the interest rate is usually expressed as an annual rate, so it is important to adjust the time period accordingly if the loan term is less than one year. The correct answer to this question is C.
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Which is these is true about trusts?
OA. They have less tax liability.
OB. They have multiple beneficiaries.
C. They require power of attorney.
OD. They have more tax liability.
Answer: The answer is They have more tax liability.
Explanation:Trust is a fiduciary relationship.In this, a first party gives the right to assets or the right to hold the title to a second party for the benefit of a third party.The first party is called the Grantor.The second party is called as the Trustee.The third party is called as the Beneficiary.As the trust is a seperate legal and taxable entity, the tax payment of the trusts depend upon whether it is a simple trust,complex trust or a grantor trust.The tax brackets of trusts are more compressed.So, the trusts pay more taxes than individual taxpayers.
In 2020, a company receives advance payments from its customers. The company will deliver the products in 2021. At the end of 2020, the company will __________ related to this transaction (enter 1, 2, 3, or 4 that represents the correct answer).
1. record a deferred tax asset
2. record a deferred tax liability
3. have a permanent difference
4. report no difference between financial income and taxable income for 2020.
Answer:
In 2020, a company receives advance payments from its customers. The company will deliver the products in 2021. At the end of 2020, the company will ____1______ related to this transaction (enter 1, 2, 3, or 4 that represents the correct answer).
1. record a deferred tax asset
Explanation:
For having paid income tax in 2020 on the cash received for deferred revenue, the company will record a deferred tax asset. This deferred tax asset will then be offset in 2021 when the sales revenue will be recorded according to the financial income accounting. Deferred tax asset arises from the overpayment or advance payment of taxes. The opposite of a deferred tax asset is called a deferred tax liability, representing income tax owed, which will be settled in the coming years.
The statement of cash flows is less influenced than the income statement by choices of accounting methods.
a. True
b. False
True the statement of cash flows is less influenced than the income statement by choices of accounting methods.
A cash flow is a physical or virtual movement of funds. In its strictest sense, a cash flow is a payment, especially from one central bank account to another; the term "cash flow" is typically used to describe. Cash flow from operations consists of expenses incurred during normal business operations. These cash outflows include things like rent, utilities, payroll, and cost of goods sold. Cash flow is referred to as the quantity of money coming into and going out of your firm over a specific time period. When business operations are very seasonal, cash outflows might vary significantly. Because it enables you to both meet your current financial responsibilities and make plans for the future, cash flow is crucial.
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A contract for the sale of a business is not subject to UCC.
True or false?
Uniform Commercial Code (UCC) are known to be rules governing business transactions. A contract for the sale of a business is not subject to UCC is a false statement.
The UCC are regarded as set of rules that is often applied to many types of commercial contracts. They include contracts related to the sale of goods, leasing of goods, use of negotiable instruments etc.The Uniform Commercial Code (UCC) is known to have a lot of different set of laws that helps in governing all commercial transactions in the United States.
They are not federal law, but are said to be uniformly adopted state law. It is regarded as the framework of American commerce.
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