Master Business with Fun Quizzes & Brain Teasers!

Does anyone know the answer to this management question?
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explain the working mechanism of syringe with clear diagram
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Which account is an example of a contra-expense account? A. purchases B. purchase returns C. sales D. sales returns
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Drag each label to the correct location on the table. Match the companies to their business categories.
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Explain two reasons why the team experienced the storming stage
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1.7.2Explain any TWO reasons why the team experienced the storming stage
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how might a business such as sports direct benefit from buying brand names from struggling firms? (economics question)
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Simon has a $250,000 life insurance policy with City Life. He has had this policy for many years, and all of the premiums have been paid. He no longer needs to make any payments in order to keep the policy in effect. Simon named his brother, Leo, as the beneficiary of the policy. Leo needs $50,000. Leo knows about the insurance policy, and that it is fully paid. Rather than take out a loan, he contacts City Life and asks for $50,000 as an advance against the full amount of the policy that will be due to him. What is City Life likely to do?
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(Bond valuation) You are examining three bonds with a par value of $1 comma 000 (you receive $1 comma 000 at maturity) and are concerned with what would happen to their market value if interest rates (or the market discount rate) changed. The three bonds are Bond Along dasha bond with 5 years left to maturity that has an annual coupon interest rate of 8 percent, but the interest is paid semiannually. Bond Blong dasha bond with 10 years left to maturity that has an annual coupon interest rate of 8 percent, but the interest is paid semiannually. Bond Clong dasha bond with 15 years left to maturity that has an annual coupon interest rate of 8 percent, but the interest is paid semiannually. What would be the value of these bonds if the market discount rate were a. 8 percent per year compounded semiannually? b. 5 percent per year compounded semiannually? c. 15 percent per year compounded semiannually? d. What observations can you make about these
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Ashton is working on a project at PowerTek Inc., a well-known multinational corporation. He is using capital budgeting to estimate the project's future cash flows. He finds that the present value of the estimated future cash flows is greater than the cost of the project. How likely is he to gain approval from the board? Group of answer choices
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ints) During 2018, Falwell Inc. had 500,000 shares of common stock and 50,000 shares of 6% cumulative preferred stock outstanding. The preferred stock has a par value of $100 per share. Falwell did not declare or pay any dividends during 2018.Falwell's net income for the year ended December 31, 2018, was $2.5 million. The income tax rate is 40%. Falwell granted 10,000 stock options to its executives on January 1 of this year. Each option gives its holder the right to buy 20 shares of common stock at an exercise price of $29 per share. The options vest after one year. The market price of the common stock averaged $30 per share during 2018.What is Falwell's basic earnings per share for 2018, rounded to the nearest c
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epreciation on the equipment for the month of January is calculated using the straight-line method. At the time the equipment was purchased, the company estimated a residual value of $4,500 and a two-year service life.The company estimates future uncollectible accounts. The company determines $13,000 of accounts receivable on January 31 are past due, and 30% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not past due, and 4% of these acc
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On February 1, 2018, Wolf Inc. issued 10% bonds dated February 1, 2018, with a face amount of $270,000. The bonds sold for $323,440 and mature in 20 years. The effective interest rate for these bonds was 8%. Interest is paid semiannually on July 31 and January 31. Wolf's fiscal year is the calendar year. Wolf uses the effective interest method of amortization. Required: 1. Prepare the journal entry to record the bond issuance on February 1, 2018. 2. Prepare the entry to record interest on July 31, 2018. 3. Prepare the necessary journal entry on December 31, 2018. 4. Prepare the necessary journal entry on January 31, 2019.
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Cullumber Company has the following balances in selected accounts on December 31, 2020. Accounts Receivable $ 0 Accumulated DepreciationEquipment 0 Equipment 8,000 Interest Payable 0 Notes Payable 11,000 Prepaid Insurance 3,120 Salaries and Wages Payable 0 Supplies 2,200 Unearned Service Revenue 28,000 All the accounts have normal balances. The information below has been gathered at December 31, 2020. 1. Cullumber Company borrowed $9,400 by signing a 9%, one-year note on September 1, 2020. 2. A count of supplies on December 31, 2020, indicates that supplies of $970 are on hand. 3. Depreciation on the equipment for 2020 is $2,000. 4. Cullumber Company paid $3,120 for 12 months of insurance coverage on June 1, 2020. 5. On December 1, 2020, Cullumber collected $28,000 for consulting services to be performed from December 1, 2020, through March 31, 2021. The company had performed 1/4 of the services by December 31. 6. Cullumber performed consulting services for a client in December 2020. The client will be billed $4,200. 7. Cullumber Company pays its employees total salaries of $5,600 every Monday for the preceding 5-day week (Monday through Friday). On Monday, December 29, employees were paid for the week ending December 26. All employees worked the last 3 days of 2020.Prepare adjusting entries for the seven items described above. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
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he Acmeville Metropolitan Bus Service currently charges $0.99 for an all-day ticket, and has an average of 433 riders a day. The bus company is not earning a profit, but according to their contract with the city, they cannot cut the number of buses on the road. They must therefore find a way to increase revenues. The bus company is considering increasing the ticket price to $1.21. The marketing department\'s studies indicate this price increase would reduce usage to 169 riders per day.Calculate the absolute value of the price elasticity of demand for bus tickets using the simple percentage change method to determine if the bus company should increase price or decrease price to increase revenues.
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Managers and leaders perform many tasks as a result of their goals and objectives. Even though many tasks may be completed as a result of their responsibilities, each task may be categorized into one of four functions of management. Management is a process. This process is what allows managers and leaders to achieve organizational and personal goals. Included within this process are four functions of management. These four functions include planning, organizing, leading, and controlling. Each of these functions is an important aspect of the management process and must be implemented to achieve organizational goals.Click and drag each item into the correct spot within the chart. Each item is one of the four functions of management. Paul Santago Planning Organizing Matthew Chloe Kely Tomasz Leading Controlling Ava Michele Reset
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Mustang Auto Parts, Inc. is considering one of two forklift trucks for its assembly plant. Truck A costs $15,000 and requires $3,000 annually in operating expenses. It will have a $5,000 salvage value at the end of its three-year service life. Truck B costs $20,000, but requires only $2,000 annually in operating expenses; its service life is four years, at which time its expected salvage value will be $8,000. The firm's MARR is 12%. Assuming that the trucks are needed for 12 years and that no significant changes are expected in the future price and functional capacity of each truck, select the most economical truck on the basis of AE analysis.
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The Pet Store experienced the following events for the Year 1 accounting period:________. 1. Acquired $60,000 cash from the issue of common stock. 2. Purchased $65,000 of inventory on account. 3. Received goods purchased in Event 2 FOB shipping point; freight cost of $900 paid in cash. 4. Sold inventory on account that cost $38,000 for $71,000. 5. Freight cost on the goods sold in Event 4 was $620. The goods were shipped FOB destination. Cash was paid for the freight cost. 6. Customer in Event 4 returned $4,200 worth of goods that had a cost of $2,150. 7. Collected $58,300 cash from accounts receivable. 8. Paid $59,200 cash on accounts payable. 9. Paid $2,600 for advertising expense. 1. Paid $3,100 cash for insurance expense. Required: a. Which of these events affect period (selling and administrative) costs? Which result in product costs? If neither, label the transaction b. Record the above events in a horizontal statement model. In the Cash Flow column, use OA to designate operating activity, IA for NA. investment activity, FA for financing activity, NC for net change in cash and NA to indicate the element is not affected by the event. The beginning balances have been recorded as an example. Complete this question by entering your answers in the tabs below.Required A Required B Which of these events affect period (selling and administrative) costs? Which result in product costs? If neither, label the transaction NA. Transaction Cost 1 2 3 4 5 6 7 8 9 10
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Obtain estimates of daily relatives for the number of customers at a restaurant for the evening meal, given the following data. Day Number Served Day Number Served 1 80 15 84 2 75 16 78 3 78 17 83 4 95 18 96 5 130 19 135 6 136 20 140 7 40 21 44 8 82 22 879 77 23 82 10 80 24 88 11 94 25 99 12 131 26 144 13 137 27 144 14 42 28 48 a. Use the centered moving average method. (Hint: Use a seven-day moving average.) (Round your intermediate calculations and final answers to 4 decimal places.) X 1's 2's 3's 4's 5's 6's 7's b. Use the SA method. (Round your intermediate calculations to 3 decimals and final answers to 4 decimals.) SA Index 1's 2's 3's 4's 5's 6's 7's
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Agreement and disagreement among economists Suppose that Yakov, an economist from a research institute in Texas, and Ana, an economist from a school of industrial relations, are arguing over health insurance. The following dialogue shows an excerpt from their debate: Ana: A popular topic for debate among politicians as well as economists is the idea of providing government assistance for health benefits. Yakov: I think it is oppressive for the government to tax people who take care of themselves in order to pay for health insurance for those who are obese. Ana: I disagree. I think government funding of health insurance is useful to ensure basic fairness. The disagreement between these economists is most likely due todifferences in values. Despite their differences, with which proposition are two economists chosen at random most likely to agree?A. Immigrants receive more in government benefits than they contribute in taxes.B. Having a single income tax rate would improve economic performance.C. Rent ceilings reduce the quantity and quality of available housing.
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On June 3, Sweet Company sold to Chester Company merchandise having a sale price of $4,600 with terms of 2/10, n/60, f.o.b. shipping point. An invoice totaling $93, terms n/30, was received by Chester on June 8 from John Booth Transport Service for the freight cost. On June 12, the company received a check for the balance due from Chester Company. Prepare journal entries on the Sweet Company books to record all the events noted above under each of the following bases. (1) Sales and receivables are entered at gross selling price. (2) Sales and receivables are entered at net of cash discounts.
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The following information is available for Moiz Company:________. Debit Credit Common Stock $30,000 Retained Earnings 20,000 Dividends $30,000 Sales Revenue 510,000 Sales Returns and Allowances 20,000 Sales Discounts 7,000 Cost of Goods Sold 310,000 Freight-Out 2,000 Advertising Expense 15,000 Interest Expense 19,000 Salaries and Wages Expense 55,000 Utilities Expense 18,000 Depreciation Expense 7,000 Interest Revenue 23,000 Using the above information, prepare the closing entries for Moiz Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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Eggz, Inc., is considering the purchase of new equipment that will allow the company to collect loose hen feathers for sale. The equipment will cost $430,000 and will be eligible for 100 percent bonus depreciation. The equipment can be sold for $48,000 at the end of the project in 5 years. Sales would be $279,000 per year, with annual fixed costs of $48,000 and variable costs equal to 35 percent of sales. The project would require an investment of $27,000 in NWC that would be returned at the end of the project. The tax rate is 21 percent and the required return is 8 percent. Calculate the NPV of this project. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV
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Use the information in the ledger accounts. Cash Nov. 1 144,000 Nov. 8 40,320 Nov. 25 14,400 Nov. 30 1,680 Land Nov. 8 84,000 Building Nov. 8 70,320 Office Equipment Nov. 15 3,840 Nov. 21 576 Vehicles Nov. 30 11,280 Notes Payable Nov. 25 14,400 Nov. 8 114,000 Nov. 30 9,600 Accounts Payable Nov. 21 576 Nov. 15 3,840 Capital Stock Nov. 1 144,000 Prepare a trial balance for Avenson Insurance Company dated November 30.
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