Master Business with Fun Quizzes & Brain Teasers!

Kevin and Shuang have two children, ages 8 and 14. They spend $6,200 per year on eligible employment related expenses for the care of their children after school. Kevin earned a salary of $20,000 and Shuang earned a salary of $18,000. What is the amount of the couple's credit for child and dependent care expenses
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If tax laws allow a company to postpone paying taxes on activities that are currently reported in the company's income statement, the company recognizes a ___________ to reflect the anticipated future taxable amounts
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f the inflation rate was 2.60% and the nominal interest rate was 8.00% over the last year, what was the real rate of interest over the last year? Disregard cross-product terms; that is, if averaging is required, use the arithmetic average. Round intermediate calculations to four decimal places.
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Courtney Kamauf schedules labor for the production of a popular Rustic Coffee Table at Kamauf Enterprises, Inc. The table requires a top, four legs, 1/4 gallon of stain, 1/8 gallon of glue, 2 short braces between the legs and 2 long braces between the legs, and a brass cap that goes on the bottom of each leg. Lead time is 1 day for each item. Schedule the order releases necessary to produce 648 coffee tables on days 5 and 6, and 112 on days 7 and 8. The labor standard for each top is 3 labor hours; each leg including brass cap installation requires 1/4 hour, as does each pair of braces. Base assembly requires 1 labor-hour, and final assembly requires 3 labor-hours. What is the total number of labor-hours required each day, and how many employees are needed each day at 8 hours per day?
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A bond with a face value of $130,000 was redeemed at 99 when the carrying value of the bond was $126,000. The entry to record the redemption would include a A : loss on bond redemption of $2,700. B : loss on bond redemption of $5,260. C : gain on bond redemption of $1,300. D : gain on bond redemption of $4,000
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Provide a discussion on secondary research method (3 marks for theoretical discussion and indicate how Imperial Logistics can apply this method in researchitheir customers
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Why does a demand curve with a constant slope not have a constant elasticity? a. slope measures responsiveness and elasticity measures change. b. slope is based on absolute change and elasticity is based on percentage change. c. elasticity depends on more variables than does slope. d. slope is based on percentage change and elasticity is based on absolute change.
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In the system characterized by an unstable equilibrium, the outcome of competition depends on what?
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Schedule of Cash Collections of Accounts Receivable Pet Supplies Inc. , a pet wholesale supplier, was organized on January 1. Projected sales for each of the first three months of operations are as follows: January $210,000 February 290,000 March 400,000 All sales are on account. 52% of sales are expected to be collected in the month of the sale, 43% in the month following the sale, and the remainder in the second month following the sale. Prepare a schedule indicating cash collections from sales for January, February, and March. Pet Supplies Inc. Schedule of Cash Collections from Sales For the Three Months Ending March 31 January February March January sales on account: Collected in January $fill in the blank 1 Collected in February $fill in the blank 2 Collected in March $fill in the blank 3 February sales on account: Collected in February fill in the blank 4 Collected in March fill in the blank 5 March sales on account: Collected in March fill in the blank 6 Total cash collected $fill in the blank 7 $fill in the blank 8 $fill in the blank 9
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An arrangement whereby borrowings are permitted up to a specified limit and for a stated period is known as:
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For employees to form a new local union, several things must occur. first, employees must become interested in having a union. the second step is to _____.
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1. what is the opportunity cost of not taking advantage of the discount associated with purchases made under the following terms: 3/30, n/60?2. what is the opportunity cost of not taking advantage of the discount associated with purchases made under the following terms: 2/30, n/60?
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The firefighters in several cities in the area have been working long hours, and they feel they are underpaid. they have been picketing for increased wages, additional staff, and fewer hours. however, they are considered essential to the security of the country. what can be done to force them back to work?a. file a complaint based on the occupational safety and health act.b. file a claim with the department of labor.c. enforce the national labor relations act.d. enforce executive order 11246.e. enforce the national emergency strike provision.
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An advantage of using the functional departmentalization approach is that a. decision making becomes less bureaucratic as the organization grows. b. accountability and performance become easier to monitor. c. supervision is facilitated because an individual manager needs to be familiar with only a small set of skills. d. the speed and effectiveness of decision making increase as the organization grows. e. employees get a better view of the total organization.
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Pell company acquires 80% of demers company for $500,000 on january 1, 2014. demers reported common stock of $300,000 and retained earnings of $210,000 on that date. equipment was undervalued by $30,000 and buildings were undervalued by $40,000, each having a 10-year remaining life. any excess consideration transferred over fair value was attributed to goodwill with an indefinite life. based on an annual review, goodwill has not been impaired. demers earns income and pays dividends as follows: 2014 2015 2016net income $100,000 $120,000 $130,000dividends 40,000 50,000 60,000assume the initial value is applied. compute pell's investment in demers at december 31, 2016.a. $592,400.b. $500,000.c. $625,000.d. $676,000.e. $620,000.
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Brands that are trusted by internet consumers benefit by: a. more visitors to their websites. b. reduced cost of customer acquisition. c. all of these are correct. d. wider visibility.
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Do you agree or disagree that the importance of warehousing and storage in health care delivery has been overrated by supply chain experts? solve
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Please help me with this!! im really behind in school and have been stuck for dayshow would costs change if you could add 100 pounds of nitrogen at 25 cents a pound and get approximately the same yield response?
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You have started manufacturing tote bags from vintage fabrics. It cost you $12 to have each tote bag manufactured. You decide that you are going to sell them with a 50 percent markup. What will your retail price be? If you have the bags in your inventory for more than three months, you plan to mark down the selling price by 25 percent. What will the markdown price be?
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Note that common skills are listed toward the top, and less common skills are listed toward the bottom. according to o*net, what are common skills needed by construction carpenters? select three options.programmingcritical thinkingtechnology designoperation monitoringtime managementscience
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one of the main benefits of a trade block is that member countries
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Corey Corporation manufactures joint products W and X. During a recent period, joint costs amounted to $300,000 in the production of 20,000 gallons of W and 60,000 gallons of X. Both products will be processed beyond the split-off point, giving rise to the following data: W X Separable processing costs $ 40,000 $ 160,000 Sales price (per gallon) if processed beyond split-off $ 14 $ 12 The joint cost allocated to W under the net-realizable-value method would be:
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What was operation bootstrap? a.was an failed economic development program in the south that drove many blacks to migrate to northern and midwestern cities. b.was a failed economic development program in the north that drove many manufacturing businesses out of the country. c.was an economic development program in mexico that brought lots of business to the country but drove many people to migrate to the u.s. d.was an economic development program in puerto rico that brought lots of businesses to the island but drove many people to migrate to cities like nyc.
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You work for rev, incorporated, and have misplaced your phone. according to the frequently asked questions presented, rev can use rdm to:
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