Master Business with Fun Quizzes & Brain Teasers!

Stanford accounting believes it is being attacked unfairly on social media. what should the company do
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The article Foundational perspective for ethical and socially responsible marketing decisions" (Murphy et al. , 2017),
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3) Suppose that for a particular economy, investments (I) equal $100m, government expenditures (G) are $250m, exports (X) amount to 400m while imports (M) are $175m. The consumption function can be represented by the following equation:C = 300M + 0. 80Yda) Identify the following:(i) Autonomous consumption 1 mark(ii) The marginal propensity to consume 1 mark(iii) The value of the multiplier 2 marksb) Calculate the equilibrium level of GDP(Y) 5 marksc) Draw a Keynesian cross showing the equilibrium level of GDP (calculated in question 3b) and aggregate expenditure. 5 marks
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Tropical fruit partnership is a calendar year general partnership with the following current year information: operating loss $(4,950,000) liabilities: note payable, big bank 495,000 note payable, pineapple (individual) 330,000 on january 1 coconut bought 60% of tropical fruit partnership for $742,500. how much of the operating loss may coconut deduct currently
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Paragon properties built a shopping center at a cost (including land) of $50m in year 2010. the company started leasing space in july of 2014. the land was purchased for $5m. determine the total depreciation charges through 2017 if the property was sold in november 2017. choose best answer
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Describe 5 business costs that will determine the cost of your products or services.
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If you earned $10 an hour in 2005 when the cpi was 100, and you earn $11 an hour today when the cpi is 120, then your real wage rate has _____ since 2005. decreased remained the same increased 10% increased 20%
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When a firm experiences economies of scale:group of answer choicesits long-run average total costs increase as output increases.it can take advantage of specialization of resources.has increased monitoring cost and lower team spirit.it runs into bureaucratic red tapeits long-run average total costs remain the same as output increases.
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A company needs to sell 90,000 units to reach the target profit of $180,000. if each unit sells for $7. 50, the total sales dollars needed to reach the target profit is $
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Javier and Anita Sanchez purchased a home on January 1 of year 1 for $1,000,000 by paying $200,000 down and borrowing the remaining $800,000 with a 6 percent loan secured by the home. The Sanchezes made interest-only payments on the loan in years 1 and 2. (Leave no answer blank. Enter zero if applicable. ) Problem 14-46 Part a a. Assuming year 1 is 2017, how much interest would the Sanchezes deduct in year 2?
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Question Content Area A business issued a 30-day, 7% note for $42,000 to a creditor on account. The company uses a 360-day year for interest calculations. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity, including interest. If an amount box does not require an entry, leave it blank or enter 0. When required, round your answers to the nearest dollar
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A total asset turnover ratio of 4. 7 indicates that: ______________a. For every $1 in net sales, the firm acquired $4. 7 in assets during the period. B. For every $1 in assets, the firm produced $4. 7 in net sales during the period. c. For every $1 in assets, the firm earned gross profit of $4. 7 during the period. D. For every $1 in assets, the firm earned $4. 7 in net income. D. For every $1 in assets, the firm paid $4. 7 in expenses during the period
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Why is it that practice of giving unfair salaries still exists today? will ther be any possibility that it will end?
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The town of cumberland levied property taxes in the amount of $1,600,000. the town estimates that 1 percent will be uncollectible. the journal entry to record the tax levy in the governmental activities general journal will include: the town of cumberland levied property taxes in the amount of $1,600,000. the town estimates that 1 percent will be uncollectible. the journal entry to record the tax levy in the governmental activities general journal will include: a debit to allowance for uncollectible current taxes for $16,000. a debit to estimated revenues for $1,600,000. a credit to revenues for $1,584,000. a debit to cash for $1,584,000.
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A federal act requiring disclosure of property information to buyers when 25 or more unimproved parcels of land in a subdivision are offered for sale is the
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Identify each of the following reconciling items as:a. An addition to the cash balance according to the bank statementb. A deduction from the cash balance according to the bank statementc. An addition to the cash balance according to the company's recordsd. A deduction from the cash balance according to the company's recordsItem Treatment1. Bank service charges, $75. 2. Check of a customer returned by bank to company because of insufficient funds, $880. 3. Check for $275 incorrectly recorded by the company as $725. 4. Check for $100 incorrectly charged by bank as $1,000. 5. Deposit in transit, $5,550. 6. Outstanding checks, $10,350
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Provide an example of the most complex project that you have been involved with (either professionally or personally). Using the knowledge from the Class Resources, evaluate the management of the project for time, scope and resources
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He Theory of Constraints is a five step process that helps management evaluate a process to see if it needs to be modified. An example of the first step, identify the system's constraints, is Select one or more: a. When the night supervisor moved the internal setup to an external setup. B. When the team was told they would have to revert to the standard accounting principles. C. When the team decided to split the 1000 unit order into four orders of 250 units each d. When the team identified the NCX10 and heat treat as the bottlenecks
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Journalize Smart Touch Learning's closing entries for December 31 in RED order. Record debits first, then credits. Check your spelling carefully and do not abbreviate. Enter account names exactly as provided in the adjusted trial balance. Select the dates from the dropdown provided. SMART TOUCH LEARNINGAdjusted Trial BalanceDecember 31, 2016BalanceAccount Title Debit CreditCash 35,270 Accounts Receivable 1,700 Office Supplies 290 Prepaid Insurance 1,350 Furniture 13,400 Accumulated Depreciation - Furniture 200Salaries Payable 4,600Unearned Revenue 3,400Common Stock 36,800Retained Earnings 0Dividends 4,200 Service Revenue 20,800Salaries Expense 6,600 Depreciation Expense - Furniture 200 Insurance Expense 450 Utilities Expense 230 Rent Expense 2,000 Supplies Expense 110 Total 65,800 65,800
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1. What areas are generally assigned by the General Manager to thehousekeeping department for daily upkeep in lodging properties?2. Why is it important to make sure that room attendants clean guest roomswithin their allotted timeframe?3. Which is more important - maintaining a clean hotel or achievingbudgeted payroll and supply/chemical costs?4. What are key elements of maintaining satisfied housekeepingemployees?
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Qs 20-18 (static) schedule of cash receipts lo p2 x-tel budgets sales of $60,000 for april, $100,000 for may, and $80,000 for june. sales are 40% cash and 60% on credit. all credit sales are collected in the month following the sale. total sales for march were $25,000. prepare a schedule of cash receipts from sales for april, may, and june.
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Consider a hypothetical economy where there are no taxes and no international trade. Households spend $0. 90 of each additional dollar they earn and save the remaining $0. 10. If there are no taxes and no international trade, the oversimplified multiplier for this economy is. Suppose investment spending in this economy decreases by $200 billion. The decrease in investment will lead to a decrease in income, generating a
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Quay Co. Had the following transactions during the current period. Mar. 2 Issued 5,000 shares of $5 par value common stock to attorneys in payment of a bill for $30,000 for services performed in helping the company to incorporate. June 12 Issued 60,000 shares of $5 par value common stock for cash of $375,000. July 11 Issued 1,000 shares of $100 par value preferred stock for cash at $110 per share. Nov. 28 Purchased 2,000 shares of treasury stock for $80,000. Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. )Date Account Titles and Explanation Debit CreditQuay Co. Had the following transactions during the Mar. 2June 12July 11Nov. 28Mar. 2June 12July 11Nov. 28Mar. 2June 12July 11Nov. 28Mar. 2June 12July 11Nov. 28
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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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