The part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.
What is the exterior finish of a house?The exterior finish of a house refers to an outer layer or structure that can be seen physically from the outside and add to the image of the entire house.
A cornice is a horizontal architectural design of a building that is positioned away from the main walls used in directing rainwater from the building walls.
Thus, the exterior finish of the house is:
An entry doorCorniceExterior wall coveringsFrom the given options;
The ceiling of a porch or breezeway is usually inside the house.Therefore, the part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.
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when a company ensures that its products will not cause personal injury when used, the company is demonstrating particular consideration to which stakeholder
By ensuring that its products will not cause personal injury when used, the company is showing special consideration to consumers.
What is product liability?It constitutes the set of legal rules on the liability of the manufacturer or seller for defective or dangerous products for the consumer, extending the liability to all sellers in the distribution chain.
Therefore, product liability corresponds to consumer protection over the use of products that are safe and reliable for use.
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Assume that the following data relative to Kane Company for 2021 is available:
Net Income $2,100,000
Transactions in Common Shares Change Cumulative
Jan. 1, 2021, Beginning number 700,000
Mar. 1, 2021, Purchase of treasury shares (60,000) 640,000
June 1, 2021, Stock split 2-1 640,000 1,280,000
Nov. 1, 2021, Issuance of shares 240,000 1,520,000
6% Cumulative Convertible Preferred Stock
Sold at par, convertible into 200,000 shares of common $1,000,000
Stock Options
Exercisable at the option price of $25 per share. Average market price in 2021. $30 (market price and option price adjusted for split). 90,000 shares
Required:
a. Compute the basic earnings per share for 2021.
b. Compute the diluted earnings per share for 2021.
a) The computation of the basic earnings per share of Kane Company for 2021 is $1.38 ($2,100,000/1,520,000).
b) The computation of the diluted earnings per share of Kane Company for 2021 is $1.16 ($2,100,000/1,810,000).
What are the basic and diluted earnings per share?Basic earnings per share are based on the weighted average number of ordinary shares outstanding during the period, which is used to divide the net income.
Diluted earnings per share are the net income divided by the weighted average number of ordinary shares plus the dilutive potential ordinary shares (including stock options and convertible instruments) that meet the required criteria.
Data and Calculations:Net Income = $2,100,000
Transactions in Common Shares Change Cumulative
Jan. 1, 2021, Beginning number 700,000
Mar. 1, 2021, Treasury shares (60,000) 640,000
June 1, 2021, Stock split 2-1 640,000 1,280,000
Nov. 1, 2021, Stock Issuance 240,000 1,520,000
6% Cumulative Convertible Preferred Stock at par, convertible into 200,000 shares of common $1,000,000 200,000
Stock Options = 90,000 shares 90,000
Total number of shares for diluted earnings = 1,810,000 (1,520,000 + 200,000 + 90,000)
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What did Apple and other publishers seek to do?
Answer:
they wanted to eliminate prices
Explanation:
hope this helped :)
Answer:
They sought to eliminate price competition on the sale of e-books.
Explanation:Plato
Handy Howard's Incorporated, is a student co-op. Handy Howard uses a perpetual inventory system. The following transactions (summarized) have been selected for analysis:
a. Sold merchandise for cash (cost of merchandise $154,870).
b. Received merchandise returned by customers as unsatisfactory (but in perfect condition) for cash refund (original cost of merchandise $608).
c. Sold merchandise (costing $9,180) to a customer on account with terms n/30.
d. Collected half of the balance owed by the customer in (c).
e. Granted a partial allowance relating to credit sales the customer in (c) had not yet paid. 1,140
f. Anticipate further returns of merchandise (costing $204) after month-end from sales made during the month.
Required:
Compute Net Sales and Gross Profit for Handy Howard.
Based on the various transactions by Handy Howard's Incorporated, the Net Sales and Gross Profit are $294,270 and $133,040 respectively.
What are the Net Sales?This can be found as:
= Sales revenue - Sales returns and allowance
Solving gives:
= 276,700 (revenue) + 21,000 (revenue) - 1,610 (returns) - 1,820 (allowance)
= $294,270
What is the Gross Profit?This is found as:
= Net sales - Cost of goods sold
Cost of goods sold:
= 152,590 + 9,450 - 810
= $161,230
Gross profit:
= 294,270 - 161,230
= $133,040
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To publish a book, the major publishers require an upfront fee of $50,000. The marketing company charges $3/book to advertise the book. If the book sells for $9.50, how many books need to be sold to break even?
Suppose there is a bond that matures in two years with a coupon rate of 10% each year. Given that the principal of the bond is $3,000, and the economy interest rate is 2%, what is the present value of this bond?
Answer:
3.466 I'm not sure , may it 's true or false
From the choices, please select the major factors that result in government failure.
Choice 1: The United States uses a graduated tax system.
Choice 2: Production decisions are often made independently of government oversight.
Choice 3: Public choices involve many actors with their own economic objectives.
Choice 4: Correctly diagnosing the cause of a market failure is difficult.
Choice 5: Politicians often want to keep constituents happy more than they want to correct market failures.
Answer:
I think right answer is 5 number
The major factors that resulted in the government failure are given as follows:
Decisions related to production with no government interventionThe choices made by the public include many factors as per the economic objectives.Political leaders focus more on making the voters happier and ignores the market failures.Second, third and fifth are the correct choices.
What is a government failure?A government failure arises when the interference made by government resulted in the uneconomical and inefficient allocation of goods or services.
The factors that lead to failure on the part of the government are as follows:
When the production related matters are taken by businesses on their own and without intervention of government, then it leads to uneven distribution of goods or services as well as wastage of resources.Many factors affect the choices being taken by public and if the government fails in taking those decisions, then it might worsen the economic scenario.The government always gives more priority to their voters by providing them the needed facilities and ignored the failures of market. This will might lead to inflation in the country.Therefore, apart from first and fourth choice, the rest of the options are considered to be the factors in creating government failure.
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what are special features associated with syndicated lending?
Answer :
Because numerous lenders participate to a syndicated loan, the loan can be arranged into various forms of loans and securities. Varied loan kinds have different interest rates, such as fixed and adjustable rates. It is the polar opposite of a fixed rate, giving the borrower additional flexibility.
There is no separate agreement between a bank and a borrower. There used to be no uncertainty. The contract usually lasts between three and fifteen years. Loan syndication has a low risk factor.
I hope this helps.
1) Explain what is meant by the term impossible trinity and discuss example countries
that adopt policy consistent with such term
Answer:
Impossible trinity or trilemma in monetary policy means that a country cannot have a fixed exchange rate, free movement of capital and an independent monetary policy at the same time.
Explanation:
In real-life examples, as the market players reach the point where they suspect the government is running out of the reserves to defend its currency, they will pile in with direct speculative attacks where they borrow and sell the nation's currency without bothering with carry trades, leading to a quick profit once the inevitable devaluation occurs.
I hope is helpful
Check your knowledge
Karl, a 50-year-old mechanic, runs
the local garage in a small town and
is considering taking his business
online
How could going digital benefit his
business?
Answer:
having a website will make his business more visible to customers as they can find his business by searching on search engines and online directories.
he can target ads using Search Engine Marketing(SEM) towards local customers looking for his business
Answer:
more people can find out about your business
Financial data for Greene Company follows:
Description Amount
Sales $825,000
Accounts receivable:
Beginning of year 75,000
End of year 87,000
Net income 1,500,000
What is Greene Company's accounts receivable turnover?
a. 1.9
b. 5.1
c. 9.3
d. 10.2
The accounts receivable turnover is 10.2 for Greene Company. Thus, the correct answer is option D.
What is accounts receivable turnover?The accounts receivable turnover ratio calculates how frequently a company collects its average accounts receivable balance. It measures a company's efficiency in collecting outstanding client balances and managing its line of credit process.
We know that, Account receivable turnover is
= Sales ÷ average accounts receivable
So, sales, and average accounts receivable is considered
The account receivable turnover ratio is
Average receivable is = ($75,000 + $87,000) ÷ 2 = $81,000
So, the Account receivable turnover ratio is
= $825,000 ÷ $81,000
= 10.20 times
Therefore, 10.2 is the Greene Company's accounts receivable turnover ratio.
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imagine you held one bitcoin that had increased in value from $30,000 to $40,000 in the span of a year. this would mean that your money holdings would have increased by $10,000. is this statement true or false?
The statement about the money holdings of a person being increased by $100,000 is:
False, because the bitcoin is an investment and not a money holding.This refers to the assets which are held in cash and ready to be used.
Hence, we note that there are 3 functions of money which includes functioning as:
A store of valueUnit of accountMedium of exchange.With this, we can state that the statement is false because the bitcoin is an investment and not a money holding.
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list and explain principles of insurance
Answer:
In the insurance world there are six basic principles that must be met, ie insurable interest, Utmost good faith, proximate cause, indemnity, subrogation and contribution. The right to insure arising out of a financial relationship, between the insured to the insured and legally recognized.
Explanation:
hope it helps you
You are the chief information officer (CIO) of your company. Write a post that details a scenario in which you would choose to conduct an information systems (IS) audit for your company. Be sure to explain how the different IS departments would be affected by this audit.
Answer:
1 Agree on goals. Include all stakeholders in discussions of what should be achieved with the audit.
2 Define the scope of the audit.
3 Conduct the audit and identify threats.
4 Evaluate security and risks.
5 Determine the needed controls.
Explanation:
please mark me as brainlist
The data that organization has an abundance of is vulnerable to various cyber threats, and because even a minor misuse of data can result in significant client loss.
What is cyber threats?Any circumstance or event that has the potential to harm organizational operations, assets, individuals, other organizations.
The Nation via a system through unauthorized access, destruction, disclosure, modification of information, and denial of service.
some kinds of cyber threats are Malware, Ransomware, Distributed denial of service attacks, Spam and Phishing, Corporate Account, Takeover and Automated Teller Machine.
Thus, the data that company has many cyber threats, due to misuse of the data can be faced by the person.
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Do you think the media has a responsibility to teach young boys how to become men?
Answer:
No, but they will still consider it as their responsibility to teach a young boy how to become the "perfect" person, thus creating pressure and stress to become a man that will fit in society.
Explanation:
The adjusting entry for accrued interest on a note receivable would include a __________ to __________.
a. debit; Cash
b. debit; Interest Expense
c. credit; Interest Revenue
d. debit; Notes Receivable
Inflationary periods are known
for their general increase in
prices. What is the technical
definition for inflation?
A. A general increase in the price of
internationally traded goods and services.
B. A general increase in the price of
investments made by the government.
C. A general increase in the price of all goods
and services.
Answer:
C
Explanation:
A general increase in pretty much everything. :)
1. The accounts receivable turnover is computed as __________ divided by __________.
a. sales; accounts receivable
b. sales; average accounts receivable
c. sales; net income
d. accounts receivable; net income
I put the question in the wrong place.
Answer:
you need to put it in the right place
If a company is using the indirect method to prepare the statement of cash flows, identify where an increase in the accounts receivable account should be reported:
The sales representative for a manufacturer of a new product claims that the product will increase output per machine by at least 29 units per hour. A line manager installs the product on 15 of the machines, and finds that the average increase was only 26 with a standard deviation of 6.2. What are the appropriate null and alternative hypotheses?
The null and the alternative hypothesis will be u = 29 and H1: u > 29.
What is a null hypothesis?A null hypothesis simply means the hypothesis that propose that there's no difference between the characteristics in the population.
In this case, the null and the alternative hypothesis will be u = 29 and H1: u > 29.
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Theo Chocolate has decided to purchase a fleet of climate controlled trucks which will allow them to distribute and deliver their products to grocery stores across the U.S. This is an example of:
The decision of the firm to purchase a fleet of climate controlled trucks for distribution of its product is an example of ·Differentiation strategy.
What is a Differentiation strategy?
A differentiation strategy is a strategy adopted that make the offered goods or services more unique compared to their competitors.
In conclusion, majority of firms use the differentiation strategy to the differentiate between their products and the competitors.
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Natalie had a very busy December. At the end of the month, after journalizing and posting the December transactions and adjusting entries, Natalie prepared the following adjusted trial balance.
COOKIE CREATIONS
Adjusted Trial Balance
December 31, 2021
Debit
Credit
Cash
$1,230
Accounts Receivable
910
Supplies
360
Prepaid Insurance
1,260
Equipment
1,200
Accumulated Depreciation—Equipment
$40
Accounts Payable
80
Salaries and Wages Payable
58
Interest Payable
15
Unearned Service Revenue
310
Notes Payable
2,100
Owner’s Capital
830
Owner’s Drawings
520
Service Revenue
4,623
Salaries and Wages Expense
1,046
Utilities Expense
130
Advertising Expense
170
Supplies Expense
1,065
Depreciation Expense
40
Insurance Expense
110
Interest Expense
15
$8,056
$8,056
Using the information in the adjusted trial balance, do the following.
(a1)
Prepare an income statement for the 2 months ended December 31, 2021. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
COOKIE CREATIONS
Income Statement
choose the accounting period
select an opening name for section one
enter an income statement item
$enter a dollar amount
select an opening name for section two
enter an income statement item
$enter a dollar amount
enter an income statement item
enter a dollar amount
enter an income statement item
enter a dollar amount
enter an income statement item
enter a dollar amount
enter an income statement item
enter a dollar amount
enter an income statement item
enter a dollar amount
enter an income statement item
enter a dollar amount
select a closing name for section two
enter a total amount for section two
select a closing name for this statement
$enter a total net income or loss amount
eTextbook and MediaAssistance Used
eTextbook 1
eTextbook 2
List of Accounts
Attempts: 0 of 3 used
(a2)
(a3)
(b)
(c)
The income statement for the 2 months ended December 31, 2021 is $2,047.
Income statementRevenue:
Service revenue (A) 4,623
Operating expenses:
Add: Salaries and wages expense 1,046
Add: Utilities expense 130
Add: Advertising expense 170
Add: Supplies expense 1,065
Add: Depreciation expense 40
Add: Insurance expense 110
Total operating expenses (B) 2,561
Operating income (C = A - B) 2,062
(4,623-2,561)
Less: Interest expense 15
Net income $2,047
Inconclusion the income statement for the 2 months ended December 31, 2021 is $2,047.
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Waterway Industries had accounts receivable of $106000 at 1/1. The only transactions affecting accounts receivable were sales of $855000 and cash collections of $801000. The accounts receivable turnover is: __________
a. 5.8.
b. 5.3.
c. 6.4.
d. 8.1.
Valley Designs issued a 90-day, 9% note for $42,000, dated April 22, to Bork Furniture Company on account. Assume 360 days in a year when computing the interest.
1. Determine the due date of the note.
a. July 9
b. July 10
c. July 21
d. July 30
2.. Determine the maturity value of the note.
$______________
Answer:
1. July 21
2. $42,945
Explanation:
April 22 Start leaves 8 days left, and following the months would be like this:
8(April) + 31(May) + 30(June) + 31(July) = 100 days
Now because we only need 90 days in the period, we subtract the last 10 days off of July 31
31(July) - 10 days (July) = July 21
Maturity value = face amount (42,000) + interest (42,000 x 0.09 x 90 / 360)
42,000 + 945 = $42,945
The $41 billion-dollar firm uber technology , inc., is unsettling the traditional taxi
Can a company become successful without considering the environment?
In 2015, a massive earthquake hit Nepal, destroying roads and buildings, and killing thousands of people.
What impact would you predict such a natural disaster to have on the U.S. economy in the short run? Drag the appropriate curve to show the impact on the graph.
Earthquake will have a negative effect on the US economy.
What is Earthquake?This is defined as the shaking of the ground caused by movement of the Earth's crust.
This will lead to destruction of structures, properties and loss of lives thereby requiring additional money allocated to rebuild them which has a negative impact on the economy as more costs will be allocated.
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1.Yegnaw company produces and sells two types of yoga - training products: how to videotapes and a basic equipment set (blocks, strap, and small pillows). Last year, yegnaw sold 14,500 videos and 7,250 equipment sets. Information on the two products is as follows:
Videos set
Equipment
Price
Br 17.14
Br 21.75
Variable cost per unit
5.80
8.70
Total fixed costs are Br 101,500.
(a) and (b) The computation of the break-even units for each product of Yegnaw Company is as follows:
Videos set Equipment
Break-even point (units) 14,097 21,324
What is the break-even point?The break-even point is an accounting term that shows that total revenue equals total expenses of Yegnaw Company.
The break-even point is the point at which the company does not make a profit or loss but the total revenues equal total variable and fixed costs.
It is computed as the fixed cost divided by the contribution margin. For multiple products, the break-even point can be computed by weighting the contribution margin as follows:
Data and Calculations:Videos set Equipment
Quantity sold 14,500 7,250
Price Br 17.14 Br 21.75
Variable cost per unit 5.80 8.70
Contribution margin per unit Br 11.34 Br 13.05
Total contribution margin Br 164,430 Br 94,612.50 (Br 13.05 x 7,250)
Total contribution margin for 2 products = Br 259,042.50
Weighted average contribution ratio 63.5% 36.5% (Br94,612.50/Br 259,042.50 x 100)
Weighted average contribution margin
per unit Br 7.20 (Br 11.34 x 63.5%) Br 4.76 (Br. 13.05 x 36.5%)
Total fixed costs = Br 101,500
Videos set Equipment
Fixed costs = Br 101,500
Weighted average contribution margin Br. 7.20 Br. 4.76
Break-even point (units) 14,097 21,324
(Br 101,500/Br 7.20) (Br 101,500/Br 4.76)
= Fixed costs/Weighted average contribution margin per unit
Question Completion:Compute the break-even quantity of each product.
a. Break-even DVDs
c. Break-even equipment sets
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Which of the following accounts is used only with the allowance method of accounting for uncollectible accounts receivable?
a. Accounts Receivable
b. Bad Debt Expense
c. Allowance for Doubtful Accounts
d. Cash