The lease receivable at the commencement of the lease is $91,000.
To prepare the lease amortization schedule, we first need to calculate the annual lease payment plus bargain purchase option (BPO) price, which is $24,471.94 ($20,471.94 + $4,000). Then, using the factor table provided, we can calculate the interest on the lease receivable and the recovery of the lease receivable for each year. The annual lease payment plus BPO price is allocated as follows: $20,471.94 to interest expense and $4,000 to reduction of the lease receivable. The lease amortization schedule for Mooney is as follows:
Date Lease Receivable Interest Expense Recovery of Lease Receivable Lease Receivable
5/1/17 $91,000 $7,280.80 $4,191.14 $83,808.86
5/1/18 $83,808.86 $6,704.71 $4,767.23 $78,746.34
4/30/19 $78,746.34 $6,299.71 $5,172.23 $74,873.82
4/30/20 $74,873.82 $5,989.10 $5,482.84 $70,400.08
4/30/21 $70,400.08 $5,632.01 $5,839.93 $65,590.16
To record the signing of the lease agreement on May 1, 2017:
Date Account Titles and Explanation Debit Credit
5/1/17 Lease Receivable $91,000
Sales Revenue $91,000
To record the lease payment on May 1, 2017:
Date Account Titles and Explanation Debit Credit
5/1/17 Cash $4,000
Lease Receivable $4,000
To record the lease payment on May 1, 2018:
Date Account Titles and Explanation Debit Credit
5/1/18 Cash $4,000
Lease Receivable $4,000
Interest Revenue $6,704.71
Sales Revenue $24,471.94
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Shout Magazine focuses its marketing efforts on reaching teen-aged girls interested in fashion and celebrity culture. The firm believes that they are positioned to profitably serve this group of consumers. Shout utilizes the strategy of
Considering the situation described above, Shout utilizes the strategy of Concentrated Marketing.
Concentrated Marketing is a type of Marketing strategy whereby firms or companies direct all endeavors and resources to develop and market a product for a particular target group segment.
Thus, when Shout Magazine focuses its marketing efforts on reaching teenaged girls interested in fashion and celebrity culture, this is a form of Concentrated Marketing.
Concentrated Marketing is often referred to as Niche Marketing, and it is considered more effective in small businesses.
Hence, in this case, it is concluded that the correct answer is "Concentrated Marketing."
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The Monarch Division of Allgood Corporation has a current ROI of 13 percent. The company target ROI is 9 percent. The Monarch Division has an opportunity to invest $5,700,000 at 11 percent but is reluctant to do so because its ROI will fall to 12.24 percent. The present investment base for the division is $9,300,000. Required Calculate the current residual income and the residual income with the new investment opportunity being included. Based on your answers to requirement a, should Monarch Division make the investment?
Calculate the current residual income and the residual income with the new investment opportunity being included.
Based on your answers to requirement a, should Monarch Division make the investment?
Answer and Explanation:
The computation is shown below:
Current residual Income is
= current investment base × (Current ROI - Target ROI)
= $9,300,000 × (13% - 9%)
= $9,300,000 × 4%
= $372,000
Now
New residual income is
= (New investment base) × (New ROI - target ROI)
= ($9,300,000 + $5,700,000) × (12.24% - 9%)
= $15,000,000 × 3.24%
= $486,000
Yes, Monarch division should make the investment because the new residual income is more than the present residual income
The purpose of an electric spreadsheet is to and data in an concise manner
Answer:
A spreadsheet is a computer application for organization, analysis and storage of data in tabular form. Spreadsheets were developed as computerized analogs of paper accounting worksheets. The program operates on data entered in cells of a table.
Which of the following is not a cause of the shift in demand for a product?
Change in the price of substitutes
Change in the income of a consumer
Change in the price of a product
None of the above
None of the above is not a cause of the shift in demand for a product. (Option D)
How are the options causes of shift in demand for a product?All the options are causes of shift in demand for a product. Change in the price of substitutes will affect the demand of a product, as if the price of the substitute product goes down then the demand of the original product will decrease.
Change in the income of a consumer will also affect the demand of a product, as if the income of the consumer increases then the demand for luxury goods will increase and if the income decreases then the demand for necessities will increase. Change in the price of a product will also affect the demand of a product, as if the price of the product increases then the demand for the product will decrease and if the price decreases then the demand will increase.
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People in finance work mostly with:
A.Insurance
B.Products
C. Information
D.Money
Answer:
d
Explanation:
believe it or not I actually did this same exact question
Answer:
D. Money
Explanation:
I just took the test
each firm embraces objectives that management believes will make the firm more successful. these specific objectives usually reflect how the firm intends to grow. do managers want it to grow by increasing profits, increasing sales, decreasing competition, or building customer satisfaction? these questions are answered by a firm's choice of pricing strategy.
These specific goals usually reflect how the company intends to grow. The managers want it to grow in accordance with the company's goals.
A manager is someone who is in charge of running a portion or the entire operation of a business. Managers can provide leadership to their teams by providing a sense of purpose and direction in which employees can put their trust.
According to Driffill, good managers help their employees grow and succeed. Continued education and training programs can assist them in learning. Employees who are well-trained improve customer service, increase profits and productivity and provide peace of mind when you are away from the office.
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When a person tires to cultivate new clients or expand business relationships it is called what
Answer:
its call networking .
anyone know about the air force like seriously anything?
Answer:
Pararescue is a dangerous job because you are ordered to put your life on the line to save someone else's. Even a slight malfunction in a parachute can have deadly consequences for the airman, as reported by the Air Force Times in 2020, a longstanding source of Air Force news.
30 points please help
Answer:
1.A
2.A
3.A
Explanation:
I searched them up.
Hope this helps Brainlylist plz
Answer:
1.A
2.A
3.A
Explanation:
These are correct give the person in front of me brainliest :)
1. What is the attitude banks have toward being required to become members of the Federal Reserve System?
Answer:
The attitude banks have toward being required to become members of the Federal Reserve System is explained below in details.
Explanation:
Any country chartered bank (mutual or stock-formed) may enhance a segment of the Federal Reserve System. The twelve geographical Reserve Banks conduct state affiliate banks as members of the Federal Reserve System's commission to guarantee strength and endurance in the nation's indigenous businesses and banking system.
The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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Executive orders 12674 and 12731 form the foundation policy on the ethical conduct of Federal Employees
Answer: a. Making authorized commitments
Explanation:
Executive Orders 12674 and 12731 (which amended 12674) of 1989 and 1990 respectively, were signed by President Bush with the purpose of setting forth the principles of ethical conduct that were required of Federal Government Officers and Employees.
These principles were meant to ensure that government officials and employees abstained from Abuse of power whilst working in such a way as not to bring disrepute to the Federal Government.
All of the above are violations of the Order except option A which is stated in Part I Section 101 (f) of Executive Order 12674. It reads that, "Employees shall make no unauthorized statements..." thus insinuating that employees are allowed to make Authorized statements.
The options given are violations of these Executive Orders except A. Making authorized commitments.
It should be noted that executive orders 12674 and 12731 form the foundation policy on the ethical conduct of Federal Employees. They're simply used to guide the way that Federal workers behave.
The violations of the Acts include using public office for private gain, giving preferential treatment to any person or organization, and defrauding the government.
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Benton corporation acquired real estate that contained land, building and equipment. the property cost benton $825,000. benton paid $175,000 in cash and issued a note payable for the remainder of the cost. an appraisal of the property reported the following values: land, $85,000; building, $625,000; and equipment, $250,000. what value will be recorded for the building
$537109 will be recorded value0 for the building.
What does it take to acquire a company?
A company makes an acquisition when it buys the majority or all of the shares of another company in order to take over that business. The acquirer can make choices regarding newly acquired assets without the consent of the target company's other shareholders if they buy more than 50% of the target company's stock and other assets.
What is the journal entry for acquisition?
The company can make the journal entry for the goodwill on acquisition by debiting the assets at the fair value and the goodwill account and crediting the liabilities at the fair value and the cash account.
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Specialty Products Company has a high turnover rate among its employees, especially those
who are young parents. Solution to this problem
The company has to first investigate the reason why young parents are leaving the company. This is the first step towards resolving the issues of high turnover.
If it is because of the inability to care for their kids while at work, then the company can solve this problem by:
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
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1. Some bacteria are helpful to the body and:
a. cause cavities
b. die quickly outside other living cells
c. help the digestive system function properly
d. give you energy
2. Germs produce toxins in the body that can make you:
a. sneeze a lot
b. cough
c. have diarrhea
d. all of the above
3.List three ways to keep germs from spreading.
4. Describe the proper way to wash hands.
5. Describe what the immune system does for the body.
6. An antigen:
a. is an unknown substance that infects the body
b. is a protein that attaches itself to germs to get rid of them
c. destroys germs in the body
d. is a type of immunity you are born with
7. True or false: Vaccinations help to provide us with adaptive immunity, which is immunity that develops as we are exposed to diseases. T F
8. White blood cells help to:
a. infect the body
b. provide passive immunity
c. destroy infections
d. weaken your immune system
9. A specialized protein that recognizes invaders to the body and attaches to them is called:
a. an antigen
b. an antibody
c. a complement
d. a T cell
10. True or false: It’s OK not to wash my hands after using the bathroom at home because it's cleaner than a public restroom. T F
Answer:
I messaged you the asnwer.
Explanation:
Why might it be a good idea for people who always pay cash to
purchase a few things on credit?
Answer:
Okay so when you purchase something on your credit card, your credit goes up (thats always good) but whenever you purchase something with your credit card you have to pay it back. But that wont be a problem for people who always pay with cash. Because they like to spend with cash regularly. ON a daily basis.
Explanation:
I hope that helped
True or False/Explain: The Production Possibilities Frontier (PPF) Model and the Consumer Budget Constraint (CBC) Model explain the choices of firms and households.
False. The Production Possibilities Frontier (PPF) Model and the Consumer Budget Constraint (CBC) Model explain the choices of firms and households in different contexts.
The PPF model illustrates the production choices and trade-offs faced by a firm or an economy in allocating its limited resources to produce different combinations of goods and services. It shows the maximum output that can be achieved given the available resources and technology. The PPF model helps firms and economies understand the opportunity costs of producing one good over another and guides their decisions regarding resource allocation and production efficiency.
On the other hand, the Consumer Budget Constraint (CBC) model pertains to households and their consumption choices. It represents the different combinations of goods and services that a household can afford to consume based on its income and the prices of goods in the market. The CBC model helps households determine their optimal consumption bundles by considering their budget constraints and individual preferences.
Therefore, while both models involve decision-making and resource allocation, the PPF model is specifically designed for firms and economies in production decisions, while the CBC model is focused on households and their consumption choices.
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Question 8 of 20 Which of the following reasons for writing a formal business document would lead you to write a proposal?
A. To tell your manager a project is on budget and on schedule
B. To summarize what happened during a meeting
C. To convince your manager to use a new meeting organization tool
D. To describe what tasks you completed during the week
Answer: i say A
Explanation:
Answer:
cc just did it
Explanation:
ASAP 65 points.
1. Visit a Web site for a company that sells products online. Then go to that company's corporate Web site. Compare the company's product sales site with its corporate site. Describe at least 3 differences between them. (1-3 sentences. 3.0 points)
2. Choose a well-known company, and describe at least three qualities that you associate with that company or brand. Explain why you associate those qualities with that brand. (1-6 sentences. 3.0 points) TIP: This can be the same company you used in question 1 above, or it can be different.
3. Choose a well-known company, and describe what you think that company's target market is. How can you tell? (1-5 sentences. 3.0 points) TIP: This can be the same company you used in question 1 or 2 above, or it can be different.
4. Describe either a desire-based or fear-based advertisement that you have seen. Explain what desire or fear you think the ad is using. (1-5 sentences. 3.0 points)
5. Choose a well-known company that you are familiar with, and write a customer profile survey that company could give its customers with at least 6 questions that will be useful for that company. (3.0 points)
6. Choose a well-known company that you are familiar with, and explain how that company could use each of the five P's of the marketing mix to achieve its brand image and sales goals. (1-8 sentences. 5.0 points)
Answer:
Ebay
Explanation:
Ebay’s corporate and sales websites have a lot of differences, the most notable being the lack of interface to purchase products on the corporate site. Another difference is that the corporate website is more like a newsfeed, showing achievements, advertisements, etc, for the company, whereas the sales site has lots of pictures and products, and it is more visually pleasing because of the colours. A final difference is there is a lot less text and writing on the sales website than on the corporate website.
Some qualities I associate with Ebay are:
That the products sold on the website are often cheaper than in the shops, because you are purchasing directly from the business.
Another quality that i think of is that it enables small businesses to start their companies without the costs of properties. as well as providing big corporations with somewhere to ensure they get sales.
A final quality that i associate with Ebay is the ability to sell your unwanted things to people, therefore making some profit.
I think Ebay does not have a target market, as when you access their sales website, they have products for every age group, baby toys, phones, mobility scooters, etc.
An example of a desire-based advertisement i have seen is the Galaxy advertisement, where the chocolate is portrayed as a luxury product that is desired by everyone.
An example of fear-based advertising is toothpaste advertisements, where they show what could happen if you don’t use their product, which makes you want to buy it.
You're welcome.
Answer 1:
Ebay’s corporate and deals websites have a part of contrasts, the foremost eminent being the need of interface to buy items on the corporate site. Another contrast is that the corporate site is more like a newsfeed, appearing accomplishments, promotions, etc, for the company, though the deals location has parcels of pictures and items, and it is more outwardly satisfying since of the colours.
Answer 2:
Some Positive qualities I associate with Ebay are:
That the items sold on the site are frequently cheaper than within the shops, since you're acquiring straightforwardly from the business.Another quality that i think of is that it empowers little businesses to begin their companies without the costs of properties. as well as giving enormous enterprises with some place to guarantee they get sales.A last quality that I relate with Ebay is the capacity to offer your undesirable things to individuals, hence making a few benefit.
Answer 3:
I think Ebay does not have a target market, as when you access their sales website, they have products for every age group, baby toys, phones, mobility scooters, etc.
Answer 4:
An example of a desire-based advertisement i have seen is the Galaxy advertisement, where the chocolate is portrayed as a luxury product that is desired by everyone.
Answer 5:
An example of fear-based advertising is toothpaste advertisements, where they show what could happen if you don’t use their product, which makes you want to buy it.
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Creating a New Budget to Meet Your
Saving and Spending Needs
Student Assignment
In this assignment, you will create a budget and answer questions about how your budget has
successfully met short-term and long-term goals.
Assignment Instructions
Step 1: Gather materials and necessary information.
*Edgenu
a) Ask your teacher which word-processing software you will be using.
b) Keep your lesson and assignment open in case you need to review what you have
learned.
Step 2: Read and follow each set of instructions carefully.
a) To create your budget, type an amount of money into each cell of the tables you have
been given. Be sure to ask your teacher for help if you are not sure how to do this.
b) Make sure you complete the questions on each page.
Assignment: Revising a Budget
You have just been promoted at your job, and now you have a net income of $2,190. You would like
to use this income to meet new financial goals.
A student budget is a system where funds are allocated to students in accordance with their needs based on specific, quantifiable, and weighted criteria.
Even though creating a budget is already a difficult task, implementing a student-based budget is crucial to attaining educational equity.
Grade 7: What is a budget?A budget is a documented plan for how future revenue will be spent. It is a written document that outlines the anticipated earnings and costs of an individual or organization for a given future period, such as a month or a year.
Why is budgeting important?Budgeting allows you to plan for both short-term and long-term expenses by ensuring that you aren't spending more than you are earning. It's a simple, practical method for all types of people.
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Answer:
here was mine!!
Explanation:
a debt ratio is aimed at determining if you have adequate liquidity to meet emergencies.
T/F
False. A debt ratio is aimed at determining if you have adequate liquidity to meet emergencies.
A debt ratio is not specifically aimed at determining liquidity to meet emergencies. The debt ratio, also known as the debt-to-equity ratio, is a financial ratio that compares a company's total debt to its total equity. It provides an indication of the proportion of a company's financing that comes from debt compared to equity. The debt ratio is primarily used to assess a company's leverage or level of indebtedness. It helps evaluate the company's ability to cover its debt obligations and manage financial risk. It is not directly focused on evaluating liquidity or the ability to meet emergencies. So, the statement that a debt ratio is aimed at determining if you have adequate liquidity to meet emergencies is false.
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Henry and Charlotte are both 28 years old.
Henry and Charlotte separated in 2018 and their divorce was finalized in January 2019. During 2019, Charlotte paid Henry alimony payments of $12,000.
Charlotte earned $85,000 in wages during 2019. Henry earned $13,000 in wages.
Henry has two children from a previous relationship. Ethan is 9 and James is 6 years old and they lived with Henry for all of 2019. Ethan and James did not provide over half of their own support.
Henry paid all the rent, utilities, and household expenses.
Henry, Charlotte, Ethan, and James are all U.S. citizens with valid Social Security numbers.
*** Who can claim Ethan and James as qualifying children for earned income credit?
A. Charlotte
B. Henry
C. Both Charlotte and Henry
D. Neither Charlotte or Henry
Answer:
B. Henry
Explanation:
The following are the requirements to qualify for earning income credit:
1. Henry and children has the number of social security
2. Henry earns $12,000 i.e. higher than that of $1 for a year
3. And both the children lived with Henry in the year 2019 not with the charlotte
So according to the above explanation only henry could qualify the children for earned income credit
Therefore the option B is correct
You invest $500 in a fund that has shown to have a mean annual increase of $120 per year. If you leave your initial
investment in the account, and invest no additional funds, how much will your account be worth at the end of 25 years?
a) $1,200
b) $2,500
c) $3,500
d) $3,800
The investment of $500 in a fund, the account at the end of 25 years would be $3,500. The appropriate response is option C.
What is investment?A purchase made with the intention of creating income or capital growth is known as an investment. An asset's value increasing over time is referred to as appreciation. When a person makes an investment, they do not intend to utilize the product immediately; instead, they intend to use it to build wealth in the future.
Stocks, bonds, and cash equivalents are the three main categories into which investments are often divided. Within each category, there are several distinct kinds of investments.
The investment of $500 in a fund, the account at the end of 25 years-
120x25=3000+500=3,500
Hence, option C is an appropriate response.
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Name three pros and three cons to being in a team.
Answer:
Explanation:
Pros of being in a team:
As a result of working in a team, individuals are able to pool their knowledge, experience, and resources. as tasks can be completed more efficiently and effectively, This increases productivity, The unique perspectives, skills, and knowledge of each team member are essential when working together. By doing so, new ideas and approaches may be generated that would otherwise not have been considered.In addition to providing emotional support and motivation, team members can provide encouragement and feedback.Cons of being in a team:
When members of a team have different ideas, values, or opinions, conflicts or disagreements can occur.Teamwork requires the team to depend on each other for certain tasks to be completed. Having unresponsive or unavailable team members can be frustrating.In a team, some members may contribute more than others, which can lead to feelings of resentment or frustration. Additionally, some team members may rely too heavily on others, which can lead to a power imbalance.To learn more about the dynamics of TEAM,
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What is the craziest drink you've gotten at starbucks or dunkin? Tell me the size, how many pumps of syrups (if you get any) and how many scoops of inclusions (if you get any). Tell me everything and be very specific!
Peppermint Frappé ( Seasonal ) with 17 pumps of peppermint !!!
ABC Co has a 25% tax rate in the current year. They have the following information:
Accounting income. $1,000,000
Difference: instalment sale from prior year: 100,000
Taxable income. $1,100,000
The instalment sale was made in the prior year and recorded as financial accounting revenue in the same prior year. It is taxable in the current year as it was collected. There are no further instalments.
What is the deferred income tax asset/liability at the end of the current year?
At the end of the current year, ABC Co. has a deferred income tax liability of $25,000. This liability arises from the difference between the accounting income and taxable income, specifically from the recognition of the instalment sale as taxable income in the current year.
To calculate the deferred income tax asset/liability, we need to determine the temporary difference between the accounting income and taxable income and apply the tax rate.
Temporary Difference: The temporary difference in this case arises from the recognition of the instalment sale as financial accounting revenue in the prior year but taxable income in the current year. The temporary difference is $100,000.
Taxable Temporary Difference: The taxable temporary difference is the temporary difference multiplied by the tax rate. In this case, the taxable temporary difference is $100,000 x 25% = $25,000.
Deferred Income Tax Asset/Liability: Since the temporary difference results in a taxable amount, it creates a deferred income tax liability.
Therefore, at the end of the current year, ABC Co. has a deferred income tax liability of $25,000.
It's important to note that the deferred income tax asset/liability can change over time due to changes in tax rates or adjustments to temporary differences.
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Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom.
according to o*net, what are common tasks performed by nursery and greenhouse managers? check all that
apply.
touring woki areas to observe work
harvesting vegetables
u managing nurseries
analyzing the best way to harvest timber
creating decorative floral arrangements for events
identifying plants and problems with them
Answer:
creating decorative floral arrangements for events
this type of business is made up of family members and close friends and are not allowed to sell their shares to the public.
Answer:
private limited companies
Explanation:
usually small to medium size business but there shares cannot be sold to the public.
Return on sales is ______. Multiple choice question. net income divided by net sales net income divided by total owners' equity net income divided by current liabilities net income divided by common stock outstanding
Return on sales (ROS) indicates how effectively a company is converting its sales revenue into operating income, and is a key indicator of its operational efficiency and financial performance.
The formula for calculating ROS is: net income divided by net sales. Therefore, the correct answer to the multiple choice question is net income divided by net sales.
ROS is a critical metric for investors, as it provides insight into a company's ability to generate profits from its core operations. A higher ROS indicates that a company is generating more income from its sales, while a lower ROS suggests that it may be facing challenges with its pricing strategy, cost structure, or competition.
In conclusion, return on sales is a vital financial ratio that measures a company's profitability by dividing its net income by net sales. Companies should aim to maximize their ROS by optimizing their sales and cost structure, improving operational efficiency, and enhancing their competitive advantage.
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What is between static and dynamic?
The difference between static and dynamic can be seen in the way data is stored and processed. Static data is stored in the same location and does not change over time, while dynamic data is constantly changing and stored in different locations or formats.
Static data can be accessed quickly and efficiently, while dynamic data requires more complex processing and often requires more computing power to access the data. Static data is usually used for information that is not expected to change over time, while dynamic data is more suitable for large amounts of data. A static page would contain information that generally does not change, such as company contact information, while a dynamic page would be frequently updated with new content, such as blog posts or articles.
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