The units of an item available for sale during the year were as follows: Jan. 1 Inventory 30 units at $112 Mar. 10 Purchase 70 units at $122 Aug. 30 Purchase 30 units at $128 Dec. 12 Purchase 70 units at $132 There are 60 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the ending inventory cost and the cost of goods sold by three methods. Round interim calculations to one decimal and final answers to the nearest whole dollar. Cost of Ending Inventory and Cost of Goods Sold Inventory Method Ending Inventory Cost of Goods Sold First-in, first-out (FIFO) $ 10,520 $ 14,460 Last-in, first-out (LIFO) 4,640 20,340 Weighted average cost 7,494 17,486
Answers
Answer:
FIFO : Ending Inventory = $7,920, Cost of Goods Sold = $17,060
LIFO : Ending Inventory = $7,020, Cost of Goods Sold = $17,960
AVCO : Ending Inventory = $7,494, Cost of Goods Sold = $17,486
Explanation:
FIFO
FIFO method assumes that the first goods received by the business will be the first ones to be delivered to the final customer.
Ending Inventory
Ending Inventory = physical units left × earliest price
= 60 units × $132
= $7,920
Cost of Goods Sold
Cost of Goods Sold : 30 units × $112 = $3,360
70 units × $122 = $8,540
30 units × $128 = $3,840
10 units × $132 = $1,320
Total = $17,060
LIFO
FIFO method assumes that the last last goods purchased are the first ones to be issued to the final customer.
Ending Inventory
Ending Inventory : 30 units × $112 = $3,360
30 units × $122 = $3,660
Total = $7,020
Cost of Goods Sold
Cost of Goods Sold : 70 units × $132 = $9,240
30 units × $128 = $3,840
40 units × $122 = $4,880
Total = $17,960
Weighted Average Cost Method (AVCO)
Recalculates the cost of goods held each time new delivery of goods is received. Issues are then priced out at this weighted average cost.
Unit Cost = Total Costs / Total units
= (30 units × $112 + 70 units × $122 + 30 units × $128 + 70 units × $132) / 200
= $124.90
Ending Inventory
Ending Inventory = units at hand × weighted unit price
= 60 units × $124.90
= $7,494
Cost of Goods Sold
Cost of Goods Sold = units sold × weighted unit price
= 140 units × $124.90
= $17,486
Related Questions
Please help I'm very confused
Conduct research and determine the average monthly expense of investing in the human capital of your employees and yourself. List the average expense.
Answers
Investing in the human capital of employees and oneself can involve various expenses, including:
training and development programs,employee benefits,performance incentives,employee salaries,recruiting and hiring costs,onboarding and orientation,employee engagement initiatives,professional development opportunitiesThe current average monthly expense of investing in the human capital of employees and oneself includes eight potential expenses that may be associated with investing in human capital:
Training and development programs: This could include the cost of workshops, seminars, online courses, or professional certifications aimed at enhancing skills and knowledge.Employee benefits: This may include expenses related to health insurance, retirement plans, paid time off, and other benefits offered to employees as part of their compensation package.Performance incentives: This could involve expenses associated with performance-based bonuses, commissions, or other incentive programs aimed at motivating and rewarding employees for their performance.Employee salaries: This includes the wages or salaries paid to employees for their work, which is a significant expense for most businesses.Recruiting and hiring costs: This could include expenses associated with advertising job openings, conducting interviews, and performing background checks on potential employees.Onboarding and orientation: This may involve expenses associated with the orientation process for new employees, including training, mentoring, and other activities to help them acclimate to their roles.Employee engagement initiatives: This could include expenses related to team-building activities, employee recognition programs, or other initiatives aimed at boosting employee morale and engagement.Professional development opportunities: This may involve expenses associated with conferences, workshops, or other opportunities for employees and oneself to stay updated with industry trends and best practices.In summary, the actual average monthly expense would depend on the size and nature of the organization, industry, and specific initiatives undertaken, and would require further research and analysis to determine accurately.
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Which of the following is an example of a financial asset?
A. Cash
B. Accounts receivable
C. Goodwill
D. An ordinary share
Answers
Answer:
A. cash
Explanation:
cash is used in finance
Free Cash Flow
100
Growth rate
2%
Tax Rate
1%
Cost of Capital
5%
Debt-to-total value
50%
Given the data in the above, what is the terminal value of the business (using the growing perpetuity formula)?
Answers
Answer:
Explanation:
Terminal value of business Formula = FCF (1+g)/(WACC- g)
Where:
FCF= current free cash flow = 100
g= Growth rate = 2%
WACC = Weighted average cost of capital = Cost of capital = 5%
Terminal Value of the business= FCF (1+g)/(WACC- g)
Terminal Value of the business= 100 (1+2%)/(5%- 2%)
Terminal Value of the business= 3,400
Discuss Two social factors (excluding friends and social interaction) that may contribute to unemployment in South Africa amongst the youth.
Answers
Answer:
Timidity and lack of self initiative drive
Drag each label to the correct location on the image.
Identify the parts of the database table.
Answers
All of the data in a database is stored in tables, which are database objects. Data is logically arranged in tables using a row-and-column layout akin to a spreadsheet. Each column denotes a record field, and each row denotes a distinct record.
A table is a group of related data stored in a database in a table format. There are rows and columns in it. A table is a collection of data components that use a model of vertical columns and horizontal rows in relational databases and flat file databases. The unit where a row and column cross is called a cell.
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What does a store's buyer do?
a) Keeps track of competitors prices
b) Purchases merchandise to sell
c) Tests the effectiveness of a store's sales force by pretending to be a customer
Answers
Answer:
B) Retail buyers are mainly in charge of planning, selecting, and buying merchandise for retail establishment resale purposes, they select and purchase products sold in retail stores.
10 steps on how to turn an Idea into Reality?
Answers
It's easy to Visualization; all you need to do is set aside five minutes each day. If the dream you are having has already come true, close your eyes and picture exactly what you would be seeing.
What are the top 13 business success tips?13 Strategies to Boost Your Small Business's Success
Establish a personality for your brand.
Create a structure for your company and operational support systems.
Stay away from typical errors.
Embrace the neighbourhood and get involved.
Prioritize the needs of your staff.
Customers should be kept, not just acquired.
Create a plan.
Is it possible for my thoughts to come true?William James, an American psychologist and philosopher, once remarked that perception originates from thoughts, and reality is created from thoughts. Your reality is impacted by your thoughts. The world in which we live is only a reflection of the qualities and characteristics of
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Increased traffic on the highway is an ________
associated with purchasing a new vehicle.
external cost
internal benefit
external benefit
internal cost
Answers
Workplace technology is relied upon by businesses to increase _____________. Employee turnover Philanthropy Efficiency and effectiveness Malfunction and futility
Answers
Answer:
Workplace technology is relied upon by businesses to increase _____________.
Efficiency and effectiveness
Explanation:
Workplace technology including the use of computer systems, internet, and other communication and information devices has propelled manufacturing and eased communication. Technology has exponentially improved the rate of production and speed at which business occurs. Technology in the workplace has helped factory and administrative workers to become more efficient than ever before with the automation of the many processes. As efficiency is increased, so has effectiveness in the production of desired results been improved tremendously. For instance, a process or set of processes that used to take hours now can take only minutes.
In this type of economy, the government will control some of the means of production, but not all of it. You can still become wealthy and of a high social
class in this type of economy, but the government may tax you heavily if you're wealthy, and redistribute your wealth to others who are deemed to be in
need of it.
HURRY!!!
Answers
The he type of economy where the government controls some production means, but not all of it is a mixed economy.
Types of economic systems:Five distinct types of economic systems have been recognized, including:
TraditionalCommandCentrally plannedFree MarketMixed Characteristics of a mixed economyPrivate property and self-interest are protected. Free market activities are allowed.Prices of goods and services are determined by the laws of supply and demand.Government still intervenes in the means of production.Thus, the type of economy where the government controls some production means, but not all of it is a mixed economy.
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You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.
PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior
DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility
Answers
The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.
Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.
As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.
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1. Ryan can show Delia homes listed with XYZ Realty and other brokers in the market if:
(a) None of the homes are owned by Agent Ryan
(b) Ryan discloses to Broker Bradley that he will show homes listed by XYZ Realty
(c) Delia gives verbal consent to see homes listed by XYZ Realty
(d) Delia has given written Intermediary consent
Answers
Ryan can show Delia homes listed with XYZ Realty and other brokers in the market if:
Delia has given written Intermediary consent Delia gives verbal consent to see homes listed by XYZ Realty None of the homes are owned by Agent RyanWhen can homes be shown in the marketDelia 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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Please select the word from the list that best fits the definition
Choose the best organizational aid for the use described below.
Identifies sequences
Answers
Answer:
I don't see the list, and if you show me I'll help you
Answer:
The answer is Timeline
Explanation:
Book Value of Fixed Assets
Apple Inc. (AAPL) designs, manufactures, and markets personal computers and related software. Apple also manufactures and distributes music players (iPod), mobile phones (iPhone), and smartwatches (Apple Watch) along with related accessories and services, including online distribution of third-party music, videos, and applications. The following information was taken from a recent annual report of Apple:
Property, Plant, and Equipment (in millions):
Current Year
Preceding Year
Land and buildings
$10,185
$6,956
Machinery, equipment, and internal-use software
44,543
37,038
Other fixed assets
6,517
5,263
Accumulated depreciation and amortization
(34,235)
(26,786)
a. Compute the book value of the fixed assets for the current year and the preceding year.
b. Would you normally expect Apple's book value of fixed assets to increase or decrease during the year?
Answers
Answer:
a. To compute the book value of the fixed assets for the current year and the preceding year, we need to subtract the accumulated depreciation and amortization from the gross property, plant, and equipment:
Book value of fixed assets for current year = (10,185 + 44,543 + 6,517) - 34,235 = $26,010 million
Book value of fixed assets for preceding year = (6,956 + 37,038 + 5,263) - 26,786 = $22,471 million
b. We would normally expect Apple's book value of fixed assets to increase during the year as the company invests in new fixed assets such as property, plant, and equipment. However, we can also see that Apple's book value of fixed assets increased significantly from the preceding year to the current year from $22,471 million to $26,010 million. This increase could be due to the company's investments in new property, plant, and equipment, or it could be due to changes in the company's depreciation policy or estimates. Without further information, we cannot determine the exact reason for the increase.
The book value of the fixed assets for the current year and the preceding year are $27,010 million and $22,471 million respectively.
What are fixed assets?Fixed assets are tangible or intangible assets that a company acquires and uses in its operations for an extended period, typically over a year. They are long-term assets that are not intended for sale but instead are used to generate revenue and support business operations. Tangible fixed assets are physical assets such as land, buildings, machinery, equipment, furniture, and vehicles. These assets are typically expensive and have a long useful life. Intangible fixed assets include patents, copyrights, trademarks, goodwill, and other non-physical assets that provide economic benefits to the company. These assets may not have a physical form but can have significant value to the company. Fixed assets are recorded on a company's balance sheet and are subject to depreciation or amortization, which is the systematic allocation of the asset's cost over its useful life.
Book value of fixed assets for current year= $10,185 + $44,543 + $6,517 - $34,235 = $27,010 million
Book value of fixed assets for preceding year= $6,956 + $37,038 + $5,263 - $26,786 = $22,471 million
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Who is most likely to be treated with deference, such as always getting the best seat in the conference room during meetings? vice president of sales sales rep sales assistant sales manager
Answers
Answer: sales manager
Explanation:
Answer:
Vice PresPresident of sales
Explanation:
i took the test 100%
Service industries such as a hairdresser or doctor's surgery should be located: (A) In areas where raw materials are produced (B) Close to the market, for example where customers are located (C) Close to a transport terminal such as a railway station (D) Near to sources of power and other utilities
Answers
Service industries such as a hairdresser or doctor's surgery should be located close to the market, for example, where customers are located. Therefore, the correct answer is (B) Close to the market, for example where customers are located.
Service industries rely heavily on customer interactions and catering to the needs of the local population. By locating themselves near the market or where customers are located, service businesses can maximize their accessibility and convenience for customers. Being in close proximity to customers also allows for better customer service, easier communication, and potentially higher customer satisfaction.
While factors such as transportation terminals (option C), sources of power and utilities (option D), and raw material production areas (option A) may be relevant for other types of industries, service industries prioritize being conveniently located for their target customers.
Most social assistance workers are employed by what type of organization? local government state government federal government private businesses
Answers
Answer:
D. Private business
Explanation: correct on e2020
Answer:
d : private businesses
Explanation:
got it right
Viewing a failed attempt as merely part of the process and a useful way to gain knowledge and become successful is known as
Answers
Viewing a failed attempt as merely part of the process and a useful way to gain knowledge and become successful is known as having a growth mindset.
It is the understanding that failure and setbacks are not indicative of one's fixed abilities, but rather opportunities for growth and improvement. Instead of viewing failure as a negative outcome, individuals with a growth mindset see it as a stepping stone toward success.
When someone embraces a growth mindset, they approach challenges with resilience and a willingness to learn from their mistakes. They understand that failure is not the end of the road but rather a chance to analyze their actions, identify areas for improvement, and adjust their strategies accordingly.
By adopting a growth mindset, individuals are more likely to persevere through obstacles, take risks, and continuously develop their skills. They view failure as valuable feedback and use it as a tool to gain knowledge and insights that can propel them forward in their journey toward success. This mindset fosters a sense of optimism, curiosity, and a love for learning.
Cultivating a growth mindset can lead to personal and professional growth, as it encourages individuals to embrace challenges, persist in the face of obstacles, and develop a lifelong love for learning and self-improvement. It allows individuals to harness the power of failure as a catalyst for growth and ultimately increases their chances of achieving success.
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1. Billy’s Hamburger Barn has a single drive-up window.
Currently, there is one attendant at the window who takes
the order (30–40 seconds), gathers up the food and bags
it (30–120 seconds), and then takes the customer’s money
(30–40 seconds) before handing the food to the customer.
a. (**) Map the current process. What is the minimum
cycle time? The longest cycle time?
b. (***) Suppose Billy’s Hamburger Barn redesigns the
process described in problem 11 so there are now two
attendants. The first attendant takes the order. Once
this step is finished, the first attendant then takes the
money, and the second one gathers up and bags the
food. If two of the process steps can now run in parallel (gathering the food and taking the money), what
is the new minimum cycle time? What is the longest
cycle time? What potential problems could arise by
splitting the process across two individuals?
Answers
Billy’s Hamburger Barn has a single drive-up window. Currently, there is one attendant at the window who takes
1 minute 40 seconds is the bare minimum cycle time.
2 minutes and 35 seconds is the longest cycle time.
1 minute and 15 seconds is the new minimum cycle.
2 minutes is the new longest cycle time.
The potential issue with separating the procedure is that once the consumer has finished paying, they will likely have to wait for the second attendant to finish packaging for between 30 and 55 seconds, which will result in a backlog.
Making sure that collecting payment and packaging take equal amounts of time could address the issue.
Cycle time minimum: 20 + 55 + 25 = 100
= 1 minute and 40 seconds
The longest cycle time was 2 minutes and 35 seconds, or 30 minutes, 90 minutes, 35 minutes, and 155 minutes.
The new minimum cycle time is 20+55=75 seconds, or one minute and 15 seconds.
In the first 35 seconds of the preceding 55 seconds, money from customers was also taken.
The new longest cycle time is 30 + 90 + 120 = 2 minutes.
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Based on the information in the case, LeasePlan implemented changes to mitigate which diversity barrier?
Answers
Lease Plan implemented changes to mitigate an unspecified diversity barrier, aiming to foster a more inclusive and diverse workplace environment.
Based on the limited information provided in the case, it is not possible to definitively determine the specific diversity barrier that LeasePlan implemented changes to mitigate.
However, LeasePlan's implementation of changes suggests a proactive approach toward fostering diversity and inclusion within the organization.
LeasePlan may have implemented measures to address barriers such as gender inequality, racial or ethnic bias, age discrimination, or other forms of systemic barriers that impede equal opportunities for diverse individuals.
Possible initiatives could include implementing inclusive hiring practices, establishing diversity training programs, creating employee resource groups, promoting diversity in leadership positions, or enhancing workplace policies to ensure fair treatment and equal opportunities for all employees.
To provide a more accurate and comprehensive answer, additional details about the specific changes implemented by LeasePlan and the context of the diversity barriers would be necessary.
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which of these responsibilities would you least expect to find in a position description for a user support specialist
Answers
Operates a large-scale computer is the responsibilities you would least expect to find in a position description for a user support specialist .
Option C is correct.
What are support services that are outsourced?
An external team of experts is provided by outsourcing support services to assist a company in managing and maintaining its operations. Support for IT, customer service, human resources, accounting, and software development are all examples of these services. Businesses can provide solutions that are both more effective and less expensive by outsourcing these services. In addition, they can save money and resources. Additionally, businesses can benefit from an outsourcing provider's specialized knowledge and resources.
Businesses that lack the personnel or resources necessary to handle particular projects can benefit from this. Outsourcing support services can also help businesses comply with industry standards and remain current on the most recent technologies and trends.
Incomplete question :
Which of these responsibilities would you least expect to find in a position description for a user support specialist?
A.Computer-aided design package
B.Operate a local area network
C.Operates a large-scale computer
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Penny Cassidy has decided to start her business, Penny’s Pool Service & Supply, Inc. (PPSS). There is much to do when starting a new business. Here are some transactions that have occurred in PPSS in March.
Received $25,000 cash and a large delivery van with a value of $36,000 from Penny, who was given 4,000 shares of $0.05 par value common stock in exchange.
Purchased land with a small office and warehouse by paying $10,000 cash and signing a 10-year note payable to the local bank for $80,000. The land has a value of $18,000 and the building's value is $72,000. Use separate accounts for land and buildings.
Purchased a new computer equipment from Dell for $2,500 cash, and purchased other office equipment for $4,000, signing a note payable due in six months to the office equipment manufacturer.
Hired a receptionist for the office at a salary of $1,500 per month; the receptionist will begin working for PPSS starting in April.
Paid $1,000 on the note payable to the bank [in (b) above] at the end of March (ignore interest).
Purchased short-term investments in the stock of other companies for $5,000 cash.
Ordered $10,000 in inventory from Pool Corporation, Inc., a pool supply wholesaler, to be received in April.
Answers
In March, Penny Cassidy has decided to start her business, Penny's Pool Service & Supply , Inc. (PPSS), and has made several transactions to get the business up and running.
She exchanged $45,000 worth of cash and a large delivery van with a value of $36,000 for 4,000 shares of $0.05 par value common stock. She then purchased land with a small office and warehouse for $90,000 (of which $10,000 was paid in cash and $80,000 was paid via a 10-year note payable to the local bank). The land has a value of $18,000 and the building's value is $72,000, and should be recorded in separate accounts for land and buildings.
Additionally, she purchased a new computer equipment from Dell for $2,500 cash and other office equipment for $4,000, signing a note payable due in six months to the office equipment manufacturer. She hired a receptionist for the office at a salary of $1,500 per month, which will start in April. She also paid $1,000 on the note payable to the bank and purchased short-term investments in the stock of other companies for $5,000 cash. Lastly, she ordered $10,000 in inventory from Pool Corporation, Inc., a pool supply wholesaler, to be received in April.
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Use the data table to answer the question that follows.
An investor's primary concern with adding a new stock to their portfolio is reducing risk. Which stock should they choose and why?
(A) Stock A, because it has a div value of 0 and a relatively high P/E ratio
(B) Stock A, because its last price indicates slow but steady growth to come
(C) Stock C, because its lower P/E ratio means it is least likely to fail
(D) Stock C, because its price spread and div suggests stability of earnings
Answers
An investor's primary concern with adding a new stock to their portfolio is reducing risk. The stock they should choose is Stock C, because its price spread and div suggest stability of earnings. The correct option is d.
Portfolio diversification is the process of selecting a variety of investments within each asset class, which can help those looking for how to minimize their investment risk. Diversification across asset classes may also help lessen the impact of major market swings on your portfolio.
If we were to invest in the stock of just one company, we'd be taking on greater risk by relying solely on the performance of that company to grow your investment. This is known as "single-security risk" the risk that our investment will fluctuate widely in value with the price of one holding.
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Health and safety regulations in the labor market:
Multiple Choice
a)are always efficient because they improve working conditions.
b)should be evaluated by comparing their costs to their benefits.
c)are necessarily inefficient if they impose additional costs on employers.
d)can lead to an increase in frictional unemployment
Answers
Answer:
a)are always efficient because they improve working conditions.
Explanation:
The Health and safety regulations assign a legal duty to employers to ensure that employees remain safe and healthy at the workplace. The regulations demand that as reasonably practicable as possible, the employers should provide mechanisms to protect and promote employee welfare and safety.
Under the health and safety regulations, the employer must ensure any potential hazard of work-related nature is eliminated or controlled. Employers must formulate a written health and safety policy statement detailing how they manage health and safety in the workplace. The policy statement, when implemented, goes a long way to improve employees working conditions.
Department 1 of a two department production process shows: Units Beginning Work in Process 10,000 Ending Work in Process 50,000 Total units to be accounted for 160,000 How many units were transferred out to Department 2?
Answers
Answer:
20000 for ending work 100000 total & 320000 are accounted for
Changes in the market environment impact _____
how competitive the marketplace is
how many offerings are available
how many marketing communication channels are used
how consumers behave
Answers
Changes in the market environment impact how competitive the marketplace is, how many offerings are available, how many marketing communication channels are used, and how consumers behave.
Aspects of the business landscape are significantly impacted by changes in the market environment. First and foremost, they have an impact on the level of market competition because changes in variables like technology, rules, and consumer preferences can affect how businesses compete with one another.
Changes in the market environment can also have an impact on the variety and range of goods and services that are offered to customers. New technologies and trends have an impact on how businesses communicate with their target audiences through marketing channels. Last but not least changes in the market environment such as those in the economy in social trends and in technological advancements have a significant impact on consumer behavior causing changes in buying patterns and preferences.
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FRY-9C, FRY-14M, FRY-14Q, FRY-2052a, FP&A, CRR
What are these terms exactly mean? How do they work in business? What each term do?
Answers
The terms mentioned above are used in economics and have to do with finance.
What are FRY-9C, FRY-14M, and FRY-14Q?In order to keep an eye on financial institutions in between on-site inspections, the FR Y-9C is the main analytical tool employed. The form, which is the most frequently requested and scrutinized report at the holding company level, contains more schedules than any other report in the FR Y-9 series.
The FR Y-14M report gathers monthly in-depth information on the loan portfolios of bank holding companies (BHCs), savings and loan holding companies (SLHCs), and intermediate holding companies (IHCs). Three loan- and portfolio-level collections, as well as one in-depth address matching collection, make up the report.
On a quarterly basis, the FR Y-14Q compiles comprehensive information on the various asset classes, capital components, and pre-provision net revenue (PPNR) categories of the bank holding companies (BHC), savings and loan holding companies (SLHCs), and intermediate holding companies (IHC).
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Accounting, Analysis, and Principles Durler Company purchased equipment on January 2, 2016, for $112,000. The equipment had an estimated useful life of 5 years with an estimated salvage value of $12,000. Durler uses straight-line depreciation on all assets. On January 2, 2020, Durler exchanged this equipment plus $12,000 in cash for newer equipment. The old equipment has a fair value of $50,000. ACCOUNTING Prepare the journal entry to record the exchange on the books of Durler Company. Assume that the exchange has commercial substance. ANALYSIS How will this exchange affect comparisons of the return on asset ratio for Durler in the year of the exchange compared to prior years? PRINCIPLES How does the concept of commercial substance affect the accounting and analysis of this exchange?
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The journal entry to record the exchange on the books of Durler Company. Debit Equipment $60,000, Debit Accumulated Depreciation $80,000, Credit Equipment $112,000, Credit Cash $12,000,Credit Gain on exchange $16,000.
Journal entryDurler Company
Debit Equipment $60,000
($12,000 + $50,000)
Debit Accumulated Depreciation $80,000
($112,000 - $12,000 × 4/5)
Credit Equipment $112,000
Credit Cash $12,000
Credit Gain on exchange $16,000
(To record the exchange on the books of Durler Company)
Therefore the journal entry to record the exchange on the books of Durler Company. Debit Equipment $60,000, Debit Accumulated Depreciation $80,000, Credit Equipment $112,000, Credit Cash $12,000,Credit Gain on exchange $16,000.
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