The following transactions occurred at the Daisy King Ice Cream Company.
1. Started business by issuing 10,000 shares of common stock for $26,000.
2. Leased a building for three years at $560 per month and paid six months' rent in advance.
3. Purchased equipment for $6,000, signing a two-year, 12% note.
4. Purchased $2,400 of supplies on account.
5. Recorded cash sales of $1,400 for the first week.
6. Paid weekly salaries, $620.
7. Paid for supplies purchased in item (4).
8. Recorded depreciation on equipment, $80.
9. Signed a franchise agreement to pay royalties of 5% of sales.
10. Paid royalites due on 1st weeks sales.
Required:
Prepare journal entries to record each of the transactions listed above.

Preliminary data gathering involves collecting and analyzing relevant information to establish a foundation for research or decision-making, including identifying objectives, assessing data availability, etc.

Preliminary data gathering encompasses the initial acquisition and evaluation of pertinent information, serving as a basis for research or decision-making. It aids in defining project scope, goals, and needs, while also assessing data availability and quality.

This stage assists researchers and decision-makers in gaining insights, assessing project feasibility, recognizing potential obstacles, and formulating a strategic plan for subsequent data collection and analysis.

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It is to be note that the saleswoman should be reimbursed for a total of $92.68.

The total distance traveled by the saleswoman is the hypotenuse of a right triangle, where the legs represent the distance traveled north and east. We can use the Pythagorean theorem to calculate the hypotenuse as follows:

Distance traveled north = 150 miles

Distance traveled east = 110 miles

Total distance = √(150² + 110²)

≈ 185.35 miles

Therefore, the saleswoman should be reimbursed for a total of $92.68 (185.35 miles x $0.50 per mile).


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Answer:

Kindly check explanation

Explanation:

Technological advancement has without doubt brought a whole lot to our environment ranging from the ease, speed and volume at which we get things done, the making of new and better products to mention just a few. However, like most other impacting strategies, it comes with its own points of concern. The derision of ethics by certain technological processes have raised a few eyebrows, the need to innovate has to be checked and balanced such that it does not infringe upon the values and morals of individuals and businesses. Some of the ethical concerns include ; increased and easy accessibility to immoral viewings. The intrusion of private and public data unsolicited data in other derive or generate insight. This data may often be used for more than it was requested. The threat posed to health due to testing usually from innovative experiment and research.

The direct result is Option A. Some companies may go out of business.

A direct result of competition in a free-market economy is that some companies may go out of business.

In a competitive market, companies must continuously innovate, improve efficiency, and offer better products or services at competitive prices to stay relevant and profitable.

Those that fail to do so may lose customers and market share, leading to decreased revenues and ultimately bankruptcy.

This dynamic of creative destruction is a key feature of free-market economies, as it allows new and innovative companies to emerge, leading to better products, lower prices, and increased economic growth.

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Three types of insurance are health insurance, life insurance, and auto insurance.

Insurance is a contract between the insurance provider and the policyholder in which the provider agrees to pay the policyholder a specific amount of money in exchange for the premium paid by the policyholder. Insurance is one of the most critical financial investments a person can make. It's crucial to consider the numerous sorts of insurance available to determine the best fit for your requirements.

Health Insurance: It is an agreement between the insurer and the policyholder that covers the medical expenses of the policyholder. Health insurance covers medical expenses such as hospitalization costs, lab tests, doctor visits, and prescription medications. Health insurance can be purchased by an individual or through an employer-sponsored plan.

Life Insurance: It is an insurance policy that pays out a death benefit to the policyholder's beneficiaries upon the policyholder's death. Life insurance can be permanent or term. Permanent life insurance is lifelong coverage, while term life insurance provides coverage for a set period.

Auto Insurance: It is a contract between the insurer and the policyholder that covers any damage caused to the policyholder's vehicle, as well as any other party's vehicle involved in the accident. Auto insurance policies also cover medical expenses and lost wages that result from a car accident. Auto insurance is mandatory in many states, and premiums are typically determined by the policyholder's age, driving history, and vehicle type.

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Answer:

Retail businesses are important because they provide millions of jobs in the United States. According to the most recent figures, almost 10 million Americans work in retail, from cashiers to store vendors, to low-level clerks.

Business banks are important because they provide much needed deposit services and credit to businesses and individuals. The modern economy would not work without banking, and this is why the banking sector is highly regulated by the government, and often rescued in times of economic crisis.

Answer: B. Use deposits to provide loans and financing

Explanation:

A.P.E.X

The Preparing Adjusted Trial Balance with the help of Worksheet: is given below:

Solutions Company

Worksheet

December 31

Accounts Unadjusted Trial Balance Adjusting Entries Adjusted Trial Balance

Debit Credit Debit Credit Debit Credit

Cash $20,000    $20,000

Accounts Receivable 0  $2,450  2,450

Supplies 7,600   $4,150 3,450

Machinery 50,000    50,000

Accumulated Depreciation  $20,000  3,800  $23,800

Accounts Payable  0    0

Interest Payable  0  800  800

Salaries Payable  0  400  400

Unearned Rental Fees  7,200 4,000   3,200

Note Payable  30,000    30,000

Common Stock  10,000    10,000

Dividends 9,500   9,500

Retained Earnings  14,200    14,200

Rental Fees  32,450  6,450  38,900

Salaries Expense 24,500  400  24,900

Interest Expense 2,250  800  3,050

Supplies Expense 0  4,150  4,150

Depreciation Expense 0  3,800  3,800

Totals $113,850 $113,850 $15,600 $15,600 $121,300 $121,300

Preparing Income Statement:-

Solutions Company

Income Statement

For the Year Ended December 31

Accounts Amount Amount

Revenue:-  

Rental Fees $38,900

Total Revenue  $38,900

Expenses:-  

Salaries Expense $24,900

Interest Expense 3,050

Supplies Expense 4,150

Depreciation Expense 3,800

Total Expenses  ($35,900)

Net Income  $3,000

Preparing Statement of Retained Earnings:-

Solutions Company

Statement of Retained Earnings

For the Year Ended December 31

Accounts Amount

Retained Earnings 14,200

Net Income 3,000

$17,200

Dividends (9,500)

Retained Earnings, Ending $7,700

Preparing Balance Sheet:-

Solutions Company

Balance Sheet

December 31

Accounts Amount Amount

Assets:-  

Cash $20,000

Accounts Receivable 2,450

Supplies 3,450

Machinery 50,000

Accumulated Depreciation (23,800)

Total Assets  $52,100

Liabilities:-  

Accounts Payable $0

Interest Payable 800

Salaries Payable 400

Unearned Rental Fees 3,200

Note Payable 30,000

Total Liabilities  $34,400

Stockholders Equity:-  

Common Stock $10,000

Retained Earnings, Ending 7,700

Total Stockholders Equity  $17,700

Total Liabilities and Stockholders Equity  $52,100

Preparing Closing Entries:-

Solutions Company

General Journal

December 31

Date Accounts Title and Explanation Debit Credit

December 31 Rental Fees $38,900

Income Summary  $38,900

(To close Revenue Account)  

December 31 Income Summary $35,900

Salaries Expense  $24,900

Interest Expense  $3,050

Supplies Expense  $4,150

Depreciation Expense  $3,800

(To close Expenses Accounts)  

December 31 Income Summary $3,000

Retained Earnings  $3,000

(To close Income Summary)  

December 31 Retained Earnings $9,500

Dividends  $9,500

(To close Dividends Account)

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Answer:

Sometimes you only need to paraphrase the information from one sentence. Here are some examples of paraphrasing individual sentences: Original: Her life spanned years of incredible change for women as they gained more rights than ever before. Paraphrase: She lived through the exciting era of women's liberation.

The solution to the given question when we consider total cost and total revenue, given in the following table:

Quantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit

------- | -------- | -------- | -------- | -------- | --------

0     | 5       | 5        | 0        | 0        | -5

1     | 11      | 6        | 6        | 6        | 1

2     | 17      | 6        | 12       | 6        | 5

3     | 24      | 7        | 18       | 6        | 4

4     | 31      | 8        | 24       | 6        | -7

5     | 39      | 8        | 30       | 6        | -9

6     | 47      | 8        | 36       | 6        | -11

7     | 55      | 8        | 42       | 6        | -13

As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.

Therefore, the answer to the question is 3.

In summary:

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Occupational hygiene focuses specifically on three types of exposures are:

Occupational hygiene can be described as the process that is been used in the work placer so that it can focus on the monitoring as well as preservation of the people of the workplace from any hazards.

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For most consumers, the term life insurance is considered to be worst option.

A sort of death benefit that pays the policyholder's heirs over a predetermined length of time is term life insurance, commonly referred to as pure life insurance. The owner of the term life insurance policy has three options after the term has ended: renewing it for a new term, changing it to permanent protection, or letting the policy lapse. The premium for term life insurance is established by the insurance provider based on the value of the policy (the payout amount), as well as your age, gender, and general health. A medical examination could be necessary in several situations. Your driving history, current medications, whether you smoke, your work, your hobbies, and your family history may all be requested by the insurance provider.

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Woolworths' tax rate on sold products is always subject to the current tax rate of the nation in which their operation is based.

Woolworths customers will pay Value Added Tax, its employees will pay Personal Income Tax, and the corporation will pay Company Income Tax.

Woolworths Group's tax rate is predicted to be 27.33 percent for the fiscal year that ended in June 2021.

When compared to other kinds of ownership at Woolworths, the charges are rather reasonable.

Frank Winfield Woolworth launched the first Woolworth store on February 22, 1879, in Utica, New York, as "Woolworth's Great Five Cent Store." The store flopped after appearing to be successful at first.

When Woolworth was looking for a new place to live, a friend recommended Lancaster, Pennsylvania.

Woolworths carried a wide selection of products, including its own Ladybird children's apparel line, WorthIt! value line, and Chad Valley toys.

They were also famous for selling Candyking pick-and-mix sweets. It was referred to as Woolies by the UK media, the general public, and on occasion in its own television commercials.

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Answer:

c. 485,000

Explanation:

[(500,000 × 12) − (60,000 × 3)] / 12 = 485,000

Answer:

A.

Explanation:

Not too sure but I hope that is right.

Answer:

a Prospectus

Explanation:

The Prospectus is the name of the document that is required to be issued out by a developer when there are 20 new residential condo units up for sales.

This document contains information written in the condominium documents, and after it has been filled, it is usually submitted to the Division of Florida Condominiums, Timeshares, and Mobile Homes.

Types of conflict between labor unions and companies: Collective bargaining conflicts,  Power struggles, Legal and regulatory conflicts, Organizational conflicts.

a. Collective bargaining conflicts: These conflicts arise during negotiations between labor unions and companies regarding wages, benefits, working conditions, and other employment terms.

b. Power struggles: Conflicts can arise when unions seek to gain more influence and power within the company, which may be opposed by the management.

c. Legal and regulatory conflicts: Differences in interpretations or disagreements regarding labor laws, regulations, or contract terms can lead to conflicts between unions and companies.

d. Organizational conflicts: These conflicts can occur when unions challenge management decisions, policies, or practices that affect their members' interests.

Strategies for reducing conflict:

a. Effective communication: Encouraging open and transparent communication between labor unions and companies can help build trust and understanding. Regular meetings, dialogue, and clear channels of communication can help address concerns and prevent misunderstandings.

b. Interest-based negotiations: Moving beyond positional bargaining and adopting interest-based negotiations can help find mutually beneficial solutions. Focusing on underlying interests rather than specific demands can lead to creative problem-solving and compromise.

c. Collaboration and cooperation: Encouraging collaboration and cooperation between labor unions and companies in areas of common interest, such as workplace safety, productivity, or employee welfare, can foster positive relationships and reduce conflict.

d. Mediation and arbitration: Engaging neutral third parties, such as mediators or arbitrators, can assist in resolving conflicts by facilitating discussions, offering objective perspectives, and providing recommendations or binding decisions.

e. Joint problem-solving: Establishing joint labor-management committees or task forces to address specific issues can enable collaborative problem-solving and decision-making, fostering a sense of ownership and shared responsibility.

f. Clear policies and procedures: Developing clear policies and procedures for dispute resolution and grievance handling can provide a structured framework for addressing conflicts in a fair and consistent manner.

It's important to note that specific strategies for reducing conflicts between labor unions and companies may vary depending on the industry, local labor laws, and the specific circumstances of each situation.

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Answer:

To calculate the effective annual interest rate (EAR) from a nominal interest rate with quarterly compounding, you can use the following formula:

EAR = (1 + (r/n))^n - 1

Where:

r is the nominal interest rate (expressed as a decimal), which is 2% in this case (0.02).

n is the number of compounding periods per year, which is 4 (quarterly compounding).

Plugging in the values, we have:

EAR = (1 + (0.02/4)) - 1

= (1 + 0.005) ⁴- 1

= (1.005) 1

≈ 0.0202

Therefore, the effective annual interest rate for a savings account with a nominal interest rate of 2% and quarterly compounding is approximately 2.02%.

     Customer, Vendor, Items, and Chart of Accounts from an Excel spreadsheet can be imported directly into Quickbooks Online. Two features that help professional services track profitability by client are Profit and loss customer report and recurring transactions.

Intuit created and sells the accounting software suite known as QuickBooks. QuickBooks products were first released in 1983 and are primarily targeted at small and medium-sized enterprises. They provide cloud-based accounting programs that take payments from companies, manage and pay invoices, and handle payroll in addition to on-premises accounting tools and provide services to track profit.

    QuickBooks Online is a cloud solution provided by intuit (QBO). Instead of paying an upfront price, the user subscribes on a monthly basis and only uses a secure Web browser to log in to the software. Banks, payroll services, and cost management software are just a few of the third-party applications and financial services that Quickbooks Online integrates with.

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Answer:

one sec i can help

Explanation:

Explanation:

plz write in English I don't understand

Here's an example of a WBS for the knowledge area of Human/Resource Management for a low-cost housing project:

Human/Resource Management

1.1 Staffing Plan

1.1.1 Define project roles and responsibilities

1.1.2 Identify required staffing resources

1.1.3 Determine the project team structure

1.1.4 Develop a staffing plan and budget

1.2 Recruitment and Selection

1.2.1 Create job descriptions and specifications

1.2.2 Advertise and promote job openings

1.2.3 Review resumes and conduct initial screenings

1.2.4 Conduct interviews and select candidates

1.2.5 Perform background checks and reference checks

1.2.6 Extend job offers and negotiate terms

1.3 Training and Development

1.3.1 Assess training needs for project team members

1.3.2 Develop a training plan and schedule

1.3.3 Conduct training sessions and workshops

1.3.4 Provide on-the-job training and mentoring

1.3.5 Evaluate training effectiveness and adjust as needed

1.4 Performance Management

1.4.1 Set performance expectations and goals

1.4.2 Monitor and assess individual and team performance

1.4.3 Provide feedback and coaching to improve performance

1.4.4 Conduct performance appraisals and evaluations

1.4.5 Identify and address performance issues or conflicts

1.5 Resource Allocation

1.5.1 Identify project resource requirements

1.5.2 Allocate resources based on project needs

1.5.3 Monitor resource utilization and availability

1.5.4 Optimize resource allocation to meet project objectives

1.6 Stakeholder Management

1.6.1 Identify project stakeholders and their interests

1.6.2 Develop a stakeholder engagement plan

1.6.3 Communicate and manage stakeholder expectations

1.6.4 Address stakeholder concerns and resolve conflicts

1.6.5 Maintain positive relationships with stakeholders

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Answer:

The tract of land should be purchased

Explanation:

To determine if the land should be bought, compare the present value of the income that would be derived from selling the lots to the cost of the land

Total cost of the land = $75,000 + $60,000 = $135,000

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1 and 2 = 0

Cash flow in year 3 =  $70,000

Cash flow in year 4 =  $85,000

Cash flow in year 5 =  $68,000

I = 12%

Present value = $142,428.68

The tract of land should be purchased because the present value of the cash flows is greater than the cost of the land

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

When evaluate a portfolio to be mixed with the benchmark portfolio , information ratio is most helpful.

A portfolio is a collection of assets, such as stocks, bonds, and cash, that are held by an individual or organization. A portfolio is typically used to manage risk and to pursue investment objectives, such as maximizing returns or generating income. The composition of a portfolio will depend on the investment goals and risk tolerance of the investor, as well as the market conditions and economic environment.

A portfolio is typically managed through a process known as portfolio management. Portfolio management involves the ongoing selection, evaluation, and adjustment of investments in a portfolio in order to achieve the desired investment objectives. This can involve buying and selling assets, diversifying the portfolio to manage risk, and rebalancing the portfolio to ensure that it remains aligned with the investment goals. Portfolio management can be performed by an individual investor or by a professional portfolio manager.

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A. Operating characteristics:

Lq ≈ 0.5017, L ≈ 0.9377, Wq ≈ 0.1730 hours, W ≈ 0.5063 hours, Pw ≈ 0.4833

B. Service goal: Not met. Action recommended.

C. Mean service rate: 7.5 customers/hour.

If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes).

A. To compute the operating characteristics of the customer waiting line:

Arrival rate (λ) = 2.9 customers/hour

Service rate (μ) = 60 minutes / 10 minutes per customer = 6 customers/hour

Average number of customers in the queue (Lq):

Lq = (λ^2) / (μ * (μ - λ)) ≈ 0.5017

Average number of customers in the system (L):

L = λ / (μ - λ) ≈ 0.9377

Average waiting time in the queue (Wq):

Wq = Lq / λ ≈ 0.1730 hours (approximately 10.38 minutes)

Average waiting time in the system (W):

W = Wq + (1 / μ) ≈ 0.5063 hours (approximately 30.38 minutes)

Probability of a customer waiting in the queue (Pw):

Pw = λ / μ ≈ 0.4833

B. The service goal is that an arriving customer should not wait for service more than an average of 6 minutes. However, the average waiting time in the system (W) is approximately 30.38 minutes, exceeding the goal. Therefore, the service goal is not being met.

Action recommendation: To meet the service goal, I would recommend taking the following actions:

Increase staffing: Hire additional design consultants to handle customer questions and product recommendations.

Improve efficiency: Streamline processes and provide training to the consultant to reduce the time spent with each customer.

Appointment scheduling: Implement a system for customers to schedule appointments, ensuring dedicated time slots for each customer and minimizing waiting times.

Self-service options: Provide self-service resources or online tools where customers can access basic information and make preliminary decisions, reducing the need for extensive consultations.

C. If the consultant can reduce the average time spent per customer to 8 minutes, the mean service rate can be calculated as follows:

Mean service rate (μ) = 60 minutes / 8 minutes per customer ≈ 7.5 customers/hour

Will the service goal be met? Yes

If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes). This is less than the service goal of 6 minutes, so the goal will be met.

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Answer:

its b

Explanation: