Small and mid-size enterprises are businesses that maintain revenues, assets or a number of employees below a certain threshold. Each country has its own definition of what constitutes a small and medium-sized enterprise Certain size criteria must be met and occasionally the industry in which the company operates in is taken into account as well.
By the end of the accounting period, employees have earned salaries of $500, but they will not be paid until the following pay period. Which of the following is the proper adjusting entry? A) Credit Salaries expense for $500. B) Debit Salaries payable for $500. C) Credit Unearned revenues for $500. D) Debit Salaries expense for $500.
Answer:
D) Debit Salaries expense for $500.
Explanation:
Preparation of the proper adjusting entry
Since we were told that employees have earned salaries of the amount of $500 in which they wont be paid until the following pay period which means that the adjusting entry will be:
Debit Salaries expense for $500
As a branch of study economics is said to be central to national planning discuss
Economics teaches you how to think more critically and influence judgments in order to get the best possible conclusion.
Economics has a part in our daily lives. Understanding previous, future, and current models allows us to apply them to society, governments, enterprises, and people.
Economics Assistance gives numerous examples about when economics is used, such as coping with manufactured goods shortages, establishing how prosperity is divided and redistributed throughout society, and evaluating the amount to which the government must engage in the economy utilizing concepts and measurements.
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You receive a technical support call from a department manager. She reports that the laser printer in her department prints only blank pages. A telephone interview reveals that the paper is not jamming in the printer and that the problem began occurring after the toner cartridge was replaced. What is the most likely cause of the problem
Answer:
Option B, the sealing tape was not removed from the toner cartridge, is the right answer.
Explanation:
Option B, is the correct answer because in the given case the problem of blank paper arises only after installing the toner cartridge. However, there may other reasons that cause the same problem as defective laser or corona wire. But, in the given case, there is some relation between the effect and the installation of the toner cartridge. Therefore, not removing the tape form toner before its installation is the correct answer.
"Let's assume that the government decides to regulate a natural monopoly by forcing them to produce at a point where the natural monopoly's demand curve intersects average cost. In this case, the price will __________ and the quantity will ________ when compared to the natural monopoly if it were allowed to operate unregulated."
Answer: fall; rise
Explanation:
A natural monopoly is a form of monopoly that has a high cost, huge capital base and also a strong economies of scale.
If the government decides to regulate a natural monopoly by forcing them to produce at a point where the natural monopoly's demand curve intersects average cost.
This will lead to a fall in price and there will be a rise in quantity when compared to the natural monopoly if it were allowed to operate unregulated."
A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs (such as printing). The one-time fixed costs will total 49982. The variable costs will be $8.50 per book. The publisher will sell the finished product to bookstores at a price of 25.25 per book. How many books must the publisher produce and sell so that the production costs will equal the money from sales
Answer:
Break-even point in units= 2,984 units
Explanation:
Giving the following information:
The one-time fixed costs will total 49982. The variable costs will be $8.50 per book. The publisher will sell the finished product to bookstores for 25.25 per book
To calculate the break-even point in units, we need to use the following formula:
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 49,982/ (25.25 - 8.5)
Break-even point in units= 2,984 units
Enter the following transactions in the cash book of Sudhir & sons
j jl Ulrich upvpici jl ljc
Joel was recently hired as a police officer in his city's police department. As part of employee training, his supervisor trains him off-site on the use of firearms. He does this so that Joel does not make any errors in real-life situations. In the given scenario, Joel is going through _____.
Answer:
On-the job training.
Explanation:
This is explained to be normal emphasized training that working staffs are seen to undergo; especially newly employed staffs, which is a direct training while doing the actual job they are been hired or paid for. A a good and reasonable trainee in this aspect is seen to be appreciative when given this chance to develop knowledge and skills without ever leaving work. In this employee training format, employees are seen to receive your workplace needs, norms, and culture and familiarize with them. Internal job training and employee development bring a special plus. This is why in the scenario above, Joel's supervisor trains him off-site on the use of firearms.
Selling price per unit $ 100 Variable expenses per unit $ 40 Fixed expenses per month $ 60,000 The breakeven point in terms of volume of units per month i
Answer:
1,000 units
Explanation:
According to the given situation, the computation of break even point is shown below:-
Break even point in units is
= Fixed cost ÷ (Selling price per unit - contribution margin per unit)
= $60,000 ÷ ($100 - $40)
= $60,000 ÷ $60
= 1,000 units
Therefore for computing the break even point in units we simply solved the above equation
Volatility risk is Group of answer choices the percentage change in the stock call-option price divided by the percentage change in the stock price. the sensitivity of the delta to the stock price. the risk incurred from unpredictable changes in volatility. the volatility level for the stock that the option price implies.
Answer:
The correct answer is the third option: The risk incurred from unpredictable changes in volatility.
Explanation:
To begin with, the concept known as "Volatility Risk", in the financial and business field, refers to the risk that the companies have to face in the cases where there is a change in the price of a stock due to the changes that tend to happen in volatility factors that have a huge influence in the stock itself. Therefore that this concept implicates the risk that the business has to deal with when working with variables that are risky because of the great influece of them in the price of the stock.
Becky is offered the two deals below. Deal 1: She will get a quarter on the first day of the week. Each day thereafter for one week, she will receive double what she received on the previous day. Deal 2: She will get $4 each day for 1 week. Which statement is true in every aspect regarding these two deals
Answer:
She should go with deal 1 is greater than by $3.75.
Explanation:
The computation is shown below:
As in the first deal we have shown in a geometric sequence
We can represent Deal 1 as a geometric sequence:
[tex]g_n=0.25(2)^{n-1}[/tex]
where,
The 0.25 = first term,
2 = common ratio (as it doubles every day)
and n = the term number.
Now for determining the total money amount, first we have to calculate the sum
i.e
[tex]\Sigma_{n=1}^7(0.25)(2)^{n-1}[/tex]
After solving this,
we get 31.75.
Now for Deal 2
It could be shown as
4(7) = 28.
So as we can see that the deal 1 is greater than Deal 2
What can you tell me about Google's Supply Chain Management ?(10 Marks)
Answer:
The answer is below
Explanation:
With suppliers across over 60 countries all around the globe, Google continues to organize its supply chain quite efficiently.
Hence, Google’s supply chain management can be summarized in the following key points:
1. Getting reliable suppliers: Google ensures they work with trustworthy suppliers by conducting robust appraisal based on a variety of factors, such as country-specific risk, product-specific risk, suppliers' past records, supplier relationships, etc.
2. Suppliers code of conducting business: this involves social and environmental responsibility and as well as safe working conditions for suppliers' employees.
3. Effective Management of Suppliers Diversity: Google identifies and supports all forms of suppliers' community, regardless of countries, gender, age, disability status, or even sexual orientation of the suppliers. This implies that Google keeps respecting and valuing the contribution of every associated with its supply chain in any capacity.
4. Promoting Tools and Techniques to Supports Suppliers: Google prioritizes training and energy conservations, cost reductions, and product enhancement, for its suppliers, which contribute to easy access to clean and renewable energy.
If a country did not participate in international trade, Group of answer choices it's production possibilities frontier is also its consumption possibilities frontier. interdependence is greater than would be the case with trade. it is better off because it will have to learn to be self-sufficient without trade. it can still benefit from international specialization.
Answer:
it's production possibilities frontier is also its consumption possibilities frontier
Explanation:
The production possibilities frontier shows the various combinations for the two goods an economy can produce when all its resources are fully employed.
The consumption possibility frontier, is the budget constraint where participants in international trade can consume. When a country doesn't participate in trade, it is this constraint identical to the the production–possibility frontier
Thomas, the Department Head of the meat processing unit of a food manufacturing company, refuses to allow an OSHA (Occupational Safety and Health Administration) compliance inspector to carry out the inspection process. In this scenario, what action can the OSHA inspector take
The action that should be taken by the OSHA inspector is to generate the search warrant so that they could enter into a unit.
The inspection process is the process where the inspection could be done with regard to
Quality of products. Identify the defective products if any.Reveal any hazardous product if any.Since the department head of food manufacturing company refuses to allow an OSHA for carrying out an inspection process so for this:
The search warrant should be produced so that they could be able to enter into the unit and check whether everything is fine or not. If anything is not fine so the proper penalty should be charged for the same.Therefore we can conclude that The action that should be taken by the OSHA inspector is to generate the search warrant so that they could enter into a unit.
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Phillippe invested $1,000 ten years ago and expected to have $1,800 today. He has not added or withdrawn any money from this account since his initial investment. All interest was reinvested in the account. As it turns out, he only has $1,680 in his account today. Which one of the following must be true?a) He earned simple interest rather than compound interest.b) He did not earn any interest on interest as he expected.c) He ignored the Rule of 72 which caused his account to decrease in value.d) He earned a lower interest rate than he expected.e) The future value interest factor turned out to be higher than he expected.
Answer:
d) He earned a lower interest rate than he expected
Explanation:
Data provided in the question
Invested amount ten years ago = $1,000
Expected amount = $1,800
Today amount = $1,680
Based on the above information,
Since the bond is based on the floating rate not the fixed rate that results in the value of the investment to $1,800
And, the today amount is $1,680 i.e. less than the expected amount so the internet rate should be less as compared with the expected rate
hence, correct option is d.
What are the basic points to be considered while running the occupation? for each of them
Answer:
interest
qualification
skills
finance
a chord of a circle of radius 5cm subtains an angle of 70°at the centre.calculate the length of an arc
Answer:
[tex]Length = 6.11\ cm[/tex]
Explanation:
Given
[tex]\theta = 70\°[/tex]
[tex]Radius, r = 5cm[/tex]
Required
Determine the length of the subtended arc
Length of an arc is calculated by;
[tex]Length = \frac{\theta}{360} * 2\pi r[/tex]
Substitute [tex]\theta = 70\°[/tex] and [tex]r = 5cm[/tex]
[tex]Length = \frac{70}{360} * 2\pi *5[/tex]
[tex]Length = \frac{70* 2\pi *5}{360}[/tex]
[tex]Length = \frac{700 \pi}{360}[/tex]
Take π as 22/7
[tex]Length = \frac{700}{360} * \frac{22}{7}[/tex]
[tex]Length = \frac{700 * 22}{360 * 7}[/tex]
[tex]Length = \frac{15400}{2520}[/tex]
[tex]Length = 6.11\ cm[/tex]
Hence, the length of the arc is approximately 6.11 cm
In a proceeds transaction: I. a customer directs that a position be sold; and the funds generated from the sale be used to buy another position II. a customer sells short securities "against the box" III. 2 separate mark-ups or commissions are charged IV. a combined mark-up or commission is charged
Answer:
I and IV
Explanation:
A proceed transaction is a type of transaction in securities where a broker uses the proceeds of the sales of a security to buy another security , still constituting a transaction. (option 1)
A proceed transaction is subjected to a combined mark - up or commission , where the mark up earned on the disposed security is added to the mark up earned on the new security bought in replacement , which must be reasonable and fair. (option iv)
Becker Industries is considering an all equity capital structure against one with both debt and equity. The all equity capital structure would consist of 30,000 shares of stock. The debt and equity option would consist of 15,000 shares of stock plus $255,000 of debt with an interest rate of 8 percent. What is the break-even level of earnings before interest and taxes between these two options
Answer:
The break-even level of earnings before interest and taxes is $47,200
Explanation:
EBIT = Earnings before interest and taxes
EPS = Earnings per share
I = interest
n = number of equity shares
n1, n2 = number of equity shares outstanding after adopting financing plans 1 and 2
n1=30,000
n2= 15,000
Break-even EBIT level is the indifferent point where EPS under alternative financing plan is the same.
Mathematically, the break-even EBIT level is: EBIT/ n1 = (EBIT - I ) / n2
EBIT/30,000 =(EBIT -295,000 x 8%/ 15,000)
EBIT/2 = EBIT - 23,600
2*EBIT - 23,600 x 2 = EBIT
2EBIT - EBIT= 47,200
EBIT= $47,200
An owner has a home across the street from a river bluff. She has a lovely view of the river, but, if the property is sold, she might lose the view because of new construction. What can the owner do to preserve her view?
Answer:
Have the window moved to an angle to see it more
Explanation:
The following information is available for Armstrong Company: Net income $450 Increase in plant and equip. $170 Depreciation expense 80 Payment of dividends 10 Decrease in accts. receiv. 20 Increase in long-term debt 100 Increase in inventories 15 Decrease in accounts payable 30 What is cash flow from operating activities for Armstrong Company?
Answer:
$505
Explanation:
Armstrong Company
Cash flow from operating activities
Adjustments to reconcile net income to operating cash flow.
Net income
$450
Less : Increase in plant and equipment
($170)
Add : Depreciation expenses
$80
Add : Payment of dividends
$10
Add : Decrease in accounts receivable
$20
Add : Increase in long term debt
$100
Less : Increase in Inventories
($15)
Add : Decrease in Account payable $30
Net Cash flow from operating activities
$505
What has the greatest potential to demotivate you and lead you to unproductive activities?
Answer:
David is a HR generalist
Explanation:
5 years ago, an individual had invested $10,000 in an Investment Trust. Over those years, the trust has distributed $2,000, consisting of $1,600 of dividends and $400 of capital gains. The investor has reinvested these distributions in additional trust units. The investor's aggregate current cost basis in the Trust is:
Answer: $12,000
Explanation:
From the question, we are informed that years ago, an individual had invested $10,000 in an Investment Trust and that over those years, the trust has distributed $2,000, consisting of $1,600 of dividends and $400 of capital gains and also that the investor has reinvested these distributions in additional trust units.
The investor's aggregate current cost basis in the Trust will be the beginning basis which was $10,000 added to the $2000 that was distributed. This will be $12,000.
Internal development of a new business subsidiary can be a more attractive means of entering a desirable new business than is acquiring an existing firm already in the targeted industry when A. the company has ample time and adequate resources to launch the new internal startup business from. the ground up. B. there is a large pool of desirable acquisition candidates. C.the target industry is growing rapidly and good joint venture partners are available. D. all of the potential acquisition candidates are losing money. E. the target industry is comprised of several relatively large and well-established firms.
Answer:
A. the company has ample time and adequate resources to launch the new internal startup business from. the ground up
Explanation:
Businesses consider factors like time and available resources to pursue projects. This is in an effort to ensure continuous flow of profit.
When a company wants to enter into a new industry it has the option of either buying an existing firm in that industry or developing a firm internally to break into the new industry.
Buying an existing company will save time and profits can start flowing immediately. It can also be a cheaper option.
Internal development of a firm to enter the industry will take more time to establish, and also more resources to build from the ground up.
Oilers, Inc. refines and markets its energy products in different nations around the world. In addition, Oilers' stockholders and managers come from many different nations. If some of the nations where it operates decided to take over the assets of the company, this act would constitute
Answer: expropriation
Explanation:
Expropriation is a situation that occurs when the government collects a particular property from the owner of the property and utilizes it for public benefits or use.
Since we are informed in the question that some of the nations where the company operates decided to take over the assets of the company, this act would result in expropriation.
Your answer
Zack enters into a contract to buy Olivia’s home. Per the terms of the contract, Zack must put down a $10,000 earnest money deposit and have the property inspected within five days. In reality, he puts down a $12,000 deposit and has the property inspected within two days. This is an example of ______.
Answer:
performance of a contract
Explanation:
When you enter a contract you can perform your part of the contract, not perform your part of the contract or partially perform your part of the contract. In legal terms, there is no such thing as over performance.
in this case, Zack performed his part of the contract. Him making a slightly higher deposit or getting the inspection done before the due date, will not alter the total consideration of the contract, e.g. selling price will remain unchanged and the house will be the same one.
The value obtained when a buyer pays cash or its equivalent, the buyer and seller are unrelated, the buyer and seller are informed consumers, and the property has been on the market for a reasonable amount of time is called:
Answer:
Appraisal
Explanation:
Appraisal in real estate is the sales value of an asset derived towards potential sales in an arm length transaction. This involves a unique appraising process pertaining to the affected property considering the fact that different homes are not of the same features and properties , and moreover , sales of home does not occur regularly as in the common market.
The appraising process involved in forming an appraisal value are
Buyer pays cash or its equivalentBuyer and seller are not relatedBuyer and seller are informed consumerProperty has been on the market for a reasonable timeAnswer:
Market value
Explanation:
Goal setting is most effective when: 1 point A. goals are measured in quantitative, qualitative, and cost terms. B. the goals do not stretch the employee's abilities and motivation. C. the goal statements are general rather than specific. D. the intensity of employee effort is minimal. E. it does not compel people to increase the persistence of their work effort.
Answer:
A. goals are measured in quantitative, qualitative, and cost terms.
Explanation:
Goal setting is the most important part of any organization as it needs to meet the target timely. It is also the part of motivating the employees so that they accomplish the company target. Goals setting can also be measured quantitative, qualitative, and cost terms as an organization want to compete with other brands.
Therefore as per the above description, the correct answer is a
A trial balance is a(n)______of accounts and their balances at a point in time and is used to confirm that the sum of debit account balances equals the sum of_____account balances.
Answer:
List; credit.
Explanation:
A trial balance is a list of accounts and their balances at a point in time and is used to confirm that the sum of debit account balances equals the sum of credit account balances. It is used in a double-entry account book to record all debit and credit in order to detect any error, if there is a disagreement between the figures.
In Financial accounting, there are basically three (3) types of trial balance and these are;
1. Adjusted trial balance.
2. Unadjusted trial balance.
3. Post-closing trial balance.
Generally, the trial balance should list accounts in the following order for ease of preparation of the financial statements or statements of account; asset, liability, equity, revenue and expenses.
On January 1, 2017, Ann Price loaned $157773 to Joe Kiger. A zero-interest-bearing note (face amount, $210000) was exchanged solely for cash; no other rights or privileges were exchanged. The note is to be repaid on December 31, 2019. The prevailing rate of interest for a loan of this type is 10%. The present value of $210000 at 10% for three years is $157773. What amount of interest income should Ms. Price recognize in 2017
Answer:
15,777
Explanation:
Given the following :
Amount loaned = $157,7723
Prevailing Interest rate on such loan = 10%
Recognizable interest:
Amount loaned * Interest rate
$157,773 * 10%
157,773 * 10
15,777.3
= 15,777( to the nearest thousand)
Therefore, the amount of income Ms. Price will recognize in 2017 is $15,777.
Forge Company wants to purchase a new cutting machine for its sewing plant. The investment is expected to generate annual cash inflows of $120,000. The required rate of return is 10% and the current machine is expected to last for four years. What is the maximum dollar amount the company would be willing to spend for the machine, assuming its life is also four years
Answer:
$380,280
Explanation:
Calculation for the maximum dollar amount
Using this formula
Maximum dollar amount =Annual cash inflows*Present value Annual amount
Where
Annual cash inflows=$120,000
PV Annual 4 (10%)=3.169
Let plug in the formula
Maximum dollar amount=$120,000*3.169
Maximum dollar amount=$380,280
Therefore the maximum dollar amount the company would be willing to spend for the machine will be $380,280