Answer:
$8,000
Explanation:
Given the following:
Interest rate on notes receivable = 8%
Original principal balance = $150,000
Amount due by July 1 = $50,000
Therefore, in the June 30, 20X4 balance sheet, the original principal balance that has been outstanding will be :
$150,000 - $50000 = $100,000
Therefore, only $100,000 has been outstanding and is due for calculation in the interest on accounts receivable on June 30.
Interest rate * principal balance due at the date
8% * $100,000
0.08 * $100,000
= $8,000
The amount that should Frame report as a current asset for interest on the note receivable is $8,000.
What is note receivable?A note receivable is defined as a written promise to acquire a particular amount of cash from some other party on one date/s. This is addressed as an asset by the bearer of the note.
Computation of notes receivable:
According to the given information,
Notes receivable interest rate = 8%
Original principal Amount = $150,000
Due amount on July 1 = $50,000
Hence, in the balance sheet of the June 30, 20X4, the actual amount of principal balance that has been outstanding is:
[tex]=\text{Original Principal Amount -Due Amount}\\\\=\$150,000 -\$50000\\=\$100,000[/tex]
Therefore, the outstanding amount would be $1,00,000 and is due for calculation in the interest on accounts receivable on June 30.
Now the amount of note receivable is:
[tex]\text{Interest Rate} \times \text{Principal Balance Due at the Date}\\\\8\%\times \$1,00\\\\\$8,000[/tex]
Therefore, note receivable is $8,000.
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The PIO’s primary responsibility to organizational leadership as an advisor is to: A. Be an intermediary between leadership and the news media B. Assess situations for public information implications C. Develop relationships with other organizations’ PIOs D. Set up interviews and write talking points
Answer:
Correct answer:
D. Set up interviews and write talking points
Explanation:
The PIO's primary responsibility to organizational leadership as an advisor is to assist agency leadership to ensure that the mission and goals of the agency are achieved. This could be achieved through series of actions like setting up of interviews, or jotting down important points.
Considering the available options, the PIO’s primary responsibility to organizational leadership as an advisor is to " Be an intermediary between leadership and the news media."
Who is a PIO?PIO is the acronym for Public Information Officer. The role of a PIO is to ensure there is clear communication between the government or leaders and the citizens or followers.
Given that PIO serves as an intermediary between the government and the people in terms of communication, it is concluded that they serve as an intermediary between leadership and the news media.
Hence, in this case, it is concluded that the correct answer is option A.
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A swap bank Group of answer choices (A) can act as a broker, bringing together counterparties to a swap. (B) can act as a dealer, standing ready to buy and sell swaps. (C) both (A) and (B). (D) only sometimes (A) but never ever (B).
Answer:
Option C
Explanation:
In simple words, A swap bank refers to the entity that serves as just a broker for two counterparties that decide to apply through a rate of interest or exchange swap arrangement and must remain confidential. The swap banking incorporates both parts of the transaction and usually receives a reward price from both underwriters to encourage the swap.
Thus, from the above we can conclude that the correct option is C.
What is the expected rate of return for a stock that has a beta of 1 if the expected return on the market is 13%?A. 15%.B. More than 15%.C. Cannot be determined without the risk-free rate.
Answer:
Option C, Cannot be determined without the risk-free rate, is the right answer.
Explanation:
Given the beta value = 1
The expected return on the market = 13%
From the given information we have to find the expected rate of return but without risk-free rate, it can not be determined because if we calculate the expected return then the resulting expected rate of return is not in the options. Below is the formula for the expected return.
Expected return = risk-free interest rate + Beta value × (Market rate- risk-free rate).
As the risk-free rate is not given so as the expected return cannot be determined.
Herman Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the products are as follows: Product 1 Product 2 Product 3 Cost $ 26 $ 96 $ 56 Selling price 58 138 88 Costs to sell 6 52 16 Required: What unit values should Herman use for each of its products when applying the lower of cost or net realizable value (LCNRV) rule to ending inventory?
Answer:
What unit values should Herman use for each of its products when applying the lower of cost or net realizable value (LCNRV) rule to ending inventory?
Product 1: $26 (cost)Product 2: $86 (NRV)Product 3: $56 (cost)Explanation:
Product 1 Product 2 Product 3
Cost $26 $96 $56
Selling price $58 $138 $88
Costs to sell $6 $52 $16
net realizable value $52 $86 $72
which is lower? $26 (cost) $86 (NRV) $56 (cost)
the net realizable value = selling price minus any costs associated to the sales process
Rising prices for raw materials, the increasing availability of recycling facilities, and a move toward increased environmental sustainability have all diminished the importance of reverse channels.
a. True
b. False
Answer:
the answer would have to be a
Does the education make a difference in salary for a database administrator??
Answer:
Yes it surely does
Explanation:
please mark me as brainlyest
In an open-market operation, the Fed buys $10 million of government bonds from individual investors. If the required reserve ratio is 10 percent, the largest possible increase in the money supply that could result is $________ million, and the smallest possible increase is $_________ million.
Answer:
$100 million ; $10 million
Explanation:
Required reserve ratio (r) = 10%
Worth of bond = $10,000,000
The smallest increase can be thought of as being the $10million generated from open market operation and could be held by the bank as reserve.
To calculate the largest increase in deposit:
Money multiplier * deposit (worth of bond)
Money multiplier = (1 / reserve ratio)
Money multiplier = (1 / 0.1) = 10
Increase in deposit = 10 * $10,000,000 = $100,000,000 ( $100 million)
Match the banking term with its definition.A. List currency coin and checks deposits into an accountB. A document signed by the depositor instructing the bank to pay a specified amount of moneyC. A record set up by a bank for its customerD. Explains the reason for paymentsE. Electronic transfer of cash from one party to another.a. Deposit ticket b. checkc. bank accountd. Remittance advicee. Electronic funds transfer
Answer:
A. Deposit ticket: List currency coin and checks deposits into an account.
B. Check: A document signed by the depositor instructing the bank to pay a specified amount of money.
C. Bank account: A record set up by a bank for its customer.
D. Remittance advicee: Explains the reason for payments.
E. Electronic funds transfer: Electronic transfer of cash from one party to another.
Explanation:
A. Check: List currency coin and checks deposits into an account.
B. Deposit ticket: A document signed by the depositor instructing the bank to pay a specified amount of money.
C. Bank account: A record set up by a bank for its customer.
D. Remittance advicee: Explains the reason for payments.
E. Electronic funds transfer: Electronic transfer of cash from one party to another.
Thomas had conducted a thorough pretest before the new ad campaign,so he was fairly sure the elements would work together.A lot was riding on the success of the ad campaign,so he couldn't wait until the campaign was over to see how well it did.During the campaign,he will be monitoring the sales volumes on a daily basis as part of his:_________.
A) cause-related marketing.
B) pulsing.
C) tracking.
D) flighting.
E) lifting.
Answer:
C) tracking.
Explanation:
Since in the question, it is mentioned that Thomas has conducted a thorough pretest i.e prior to new ad campaign in order to work the elements together
Also he is monitoring the sales volume on a daily basis as it is part of his tracking which tracks the performance of the work so that he get to know how much work is completed and how much work is pending.
The funds dispensed at the ATM machine located near the checkout line at the Kroger's in Union Kentucky, follows a normal probability distribution with mean $4200 per day and a standard deviation of $720 a day. The machine is programmed to notify the nearby bank that if the amount dispensed is very low (less than $2500) or very high ($6,000).
a. What percent of the days will the bank be notified because the amount dispensed is very low?
b. What percent of the time will the bak be notified because the amount is very high?
c. What percent of the time will tbe bank not be notified regarding the amount of funds being dispensed?
Answer:
0.00914 ; 0.0062 ; 0.9847
Explanation:
Given the following :
Normal distribution :
Mean(m) = $4200
Standard deviation (sd) = 720
Amount VERY low = < 2500
Amount very high = > 6000
a. What percent of the days will the bank be notified because the amount dispensed is very low?
x < 2500
Finding the z-score :
Z = (x - mean) / standard deviation
Z = (2500 - 4200) / 720
Z = - 1700 / 720 = −2.361111
P(z < −2.361111)
Locating −2.361111 on the z- distribution table
-2.3 under 0.06 = 0.00914
P(z < −2.361111) = 0.00914
B) What percent of the time will the bank be notified because the amount is very high?
x > 6000
Finding the z-score :
Z = (x - mean) / standard deviation
Z = (6000 - 4200) / 720
Z = 1800 / 720 = 2.5
P(z > 2.5)
Locating 2.5 on the z- distribution table = 0.9938
P(z > 2.5) = 1 - 0.9938 = 0.0062
c. What percent of the time will the bank not be notified regarding the amount of funds being dispensed?
P(2500 < X < 6000)
P(2500 < X < 6000)
P(-2.36 < z < 0) + P(0 < z < 2.5)
= 0.4909 + 0.4938
= 0.9847
explain how the looting of shops and malls will affect businesses in terms of the relationship between social responsibility and Triple bottom line
Answer:
how the looting of shops and malls will affect businesses of the terms of the relationship between social responsibility and triple bottom line.
Little Tots Gym has a required rate of return of 13%. The gym is considering the purchase of $12,500 of new equipment. The internal rate of return on the project has been calculated to be 11%. This project:________
Answer:
This project is good and be should be accepted for implementation.
Explanation:
The IRR is the discount rate that equates the present value of cash inflows to that of cash outflows. At the IRR, the Net Present Value (NPV) of a project is equal to zero
If the IRR greater than the required rate of return , we accept the project for implementation
If the IRR is less than that the required rate , we reject the project for implementation
For Little Tots Gym, the IRR of the project (13%) is higher than the required rate of return of 11%, hence the project is good and be should be accepted for implementation
A developer purchased two 135-front-foot lots for $22,900 net each and divided them into three lots of equal front footage. The developer sold the lots for $230 per front foot. Calculate the developer's percentage of profit (round to the nearest whole percentage point).
"A customer places an order to buy 100 shares of ABC at the market. The broker enters the order and receives a report of execution shortly thereafter. Ten minutes later, the customer telephones, and states that he placed the order in error and wishes to cancel the order. The appropriate procedure is to:"
Answer:
Explanation:
In this situation , the order has been placed and executed . Cancelling the order is impossible . The execution of an order is the completion of a buy or sell order for a security ,hence it is irrevocable and biding on both the seller and the buyer and none of the two parties can cancel it at such time.
The best and appropriate procedure to handle the situation is to explain the procedures and guiding rules in buying stock to the customer and make him to realize that the order has been executed and biding on them.
Rodrigo wanted to buy his wife a pearl necklace for her birthday. Murphy's Jewelry had a necklace he liked for $139, but he bought the same necklace at Pearls for Her. This pearl necklace was originally $173.75, but was on sale for 20% off, which reduced the price to $139. He was very pleased with his bargain. Rodrigo is subject to:
Answer:
a framing bias.
Explanation:
given data
necklace he liked = $139
pearl necklace originally = $173.75
sale for = 20% off
reduced the price = $139
solution
Rodrigo is subject to readymade bias. This bias refers to how people’s decisions affect situations, words, or settings. Although both stores have the same price, Pearl’s own stores create a relative factor It showed a high base price and a 20% discount, which made Rodrigo feel like he was making a deal, so he was more inclined to buy the necklace and not at the Murphy jewelry store."A client, age 74 has $314,000 in her Traditional IRA. She is required to take an $11,000 RMD for this year. She does not need the cash and wants to maintain her investment portfolio. She asks her representative if she can take the RMD in shares into her cash account at the firm This action will result in a:
Answer:
This action will result in her safe-guiding her investment portfolio in equities. For example, in a constant dollar plan, an investor keeps a constant dollar amount of the portfolio in equity securities. If the equities' market value rises, the excess is transferred to fixed-income securities.
Explanation:
The Quimbys obtain a loan that starts out at 5.5% interest. After five years, the interest rate will adjust to whatever the current market rate is and adjust every year thereafter. This is a/an
Complete Question:
The Quimbys obtain a loan that starts out at 5.5% interest. After five years, the interest rate will adjust to whatever the current market rate is. This is known as a/an:
Group of answer choices
a. two-step mortgage
b. balloon/reset mortgage
c. wraparound mortgage
d. interest-only mortgage
Answer:
a. two-step mortgage.
Explanation:
In this scenario, The Quimbys obtain a loan that starts out at 5.5% interest. After five years, the interest rate will adjust to whatever the current market rate is and adjust every year thereafter. This is a two-step mortgage.
A two-step mortgage can be defined as an adjustable-rate mortgage (ARM) which typically offers two interest rates; a beginning (fixed) interest rate for the first five to seven years period and a another interest rate for the remaining period of time.
Managers should be more concerned that data is stored in a structured data warehouse or a Hadoop cluster, and less about the actually the insights that can be derived from the data. True False
Answer:
False
Explanation:
Data can be defined as the facts and figures that are collected for the purpose of extracting information towards getting an insight.
Data warehousing is the system of collecting and analyzing of data collected from different sources to provide an insight towards business management using collection of computers called Hadoop cluster,
We need to know that the core purpose of data collection is to provide information and insights for management use ,therefore the insight that can be derived is of paramount importance to the managers than data warehouse or a Hadoop cluster.
Mika has borrowed $5,000 from her cousin Jun and not repaid it. Now, Mika is selling her house to Jun’s nephew, Cheong. As Mika writes up the contract, Jun tells her that if she doesn’t sell the house at a steeply discounted price, Jun will take the matter of the $5,000 to court. What is true about this situation?
Answer:
Jun's pressure and influence has invalidated Mika's consent.
Explanation:
By threatening Mika with prosecution if she doesn't set a discount for the sale of her house on the grounds of her debt to her, she has influenced Jun's consent or rather coerced it and therefore Mika's consent is invalidated in the agreement. Consent is free under law if contract and should be given under undue influence, duress or any other vitiating factor that will render the contract null and void such as the example above
A customer buying an unfamiliar product that carries a fair degree of risk would most likely engage in ________ decision making.
Answer:
extended problem solving
Explanation:
A situation where a buyer is buying a product he or she has never bought before hence requires considerable efforts, such is termed extended problem solving. The reason is that a buyer does not have prior experience about the product or the supplier, thereby creating complex buying decisions.
In extended problem solving, buyers evaluate and search for information about products they intend to buy due to the fact that they are not familiar with the products. Here, buyers search for all available information inorder to choose among brands of products they intend to buy; being the first time of purchasing such.
It should be engaged in the cognitive decision-making.
What is cognitive decision-making?It is the decision-making that should be based on processes such as perception, memory, and attention. In the real-life situations, it needs a series of decisions should be made with each and every decision based on the last feedback form.
So at the time when the customer purchased the non-familiar product so it should be engaged in the cognitive decision-making.
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Before you move forward, summarize the changes you will need to make to your new budget. Describe these changes in at least two sentences.
Answer: yes
Explanation:
The right answer on edge is: I need to change my budget so that I save at least $300 per month. Over twelve months, this will increase my savings by $3,600. I also need to change my budget to save for a new computer, so I need to save an extra $100 a month for that. In total, I need to save $400 a month.
Answer:
The right answer on edge is: I need to change my budget so that I save at least $300 per month. Over twelve months, this will increase my savings by $3,600. I also need to change my budget to save for a new computer, so I need to save an extra $100 a month for that. In total, I need to save $400 a month.
Explanation: I just did the test an got a 100
Melody's Crafts 'N Things
Andrea works for a retail shop called Melody's Crafts 'N Things. Andrea was often quite rude to customers when they annoyed her. One morning, her supervisor asked Andrea into her office and informed her that her behavior was unacceptable. To be rude to one customer could cause several customers not to come back. Andrea's supervisor told her that retaining a customer is much cheaper than trying to get a new one. After their constructive discussion, Andrea's boss told her that she wanted her to go out on the floor that day and attempt to be more helpful to customers.
Over the next few months, Andrea began to help customers learn more about the different products in the store and often explained why the customer might want to purchase one product over another. In doing so, she realized the importance of her role in the retail shop and began to truly enjoy her job. She started to think about the future of the company. She even thought that the company could do very well if it were to sell its products on eBay. When she brought this idea to her boss, her boss thought it was excellent, and asked Andrea to look further into the pros and cons of her idea.
After evaluating Andrea's research, her boss decided to move forward with the idea, asking Andrea to head up this new venture for the company. Andrea then realized that retail is not just about making the sale; the customer should be the focus of all operations. Andrea now looks up to her boss, and is very glad that she was there to mentor her.
Refer to Melody's Crafts 'N Things. Doing business on eBay allows an entrepreneur to
a. develop a business-to-business selling model.
b. create place utility.
c. find out what works, fast.
d. explore producer markets.
e. develop form utility.
Doing things on E-bay like Andrea did allows an entrepreneur to develop place utility.
The right answer is option B.What is place utility?This can be described to be a type of marketing strategy that involves the fact that goods and services would easily be available for the consumers to have access to.
This is one of the the things that this concept allows entrepreneurs do.
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At December 31, 2017, Larkspur Corporation had an estimated warranty liability of $124,000 for accounting purposes and $0 for tax purposes. (The warranty costs are not deductible until paid.) The effective tax rate is 30%. Compute the amount Larkspur should report as a deferred tax asset at December 31, 2017. Deferred tax asset at December 31, 2017
Answer:
$37,200
Explanation:
The amount of deferred tax on 31 December 2017 for Larkspur can be calculated by multiplying the estimated warranty liability for accounting purposes with an effective tax rate.
DATA
Estimated warranty = $124,000
Effective tax rate = 30%
Deferred tax liability =?
Solution
Deferred tax liability = Estimated warranty x Effective tax rate
Deferred tax liability = $124,000 x 30%
Deferred tax liability = $37,200
"A customer's short margin account shows the following balances: Credit Balance: $120,000 SMV: $60,000 SMA: $30,000 What would the adjusted SMA balance be in the account after a short cover of 100 shares of MMM stock at $100 in the account?"
Answer:
$35,000
Explanation:
Calculation for adjusted SMA balance .
First step
Short cover =100 Shares × MMM stock $100
=$10,000
Second step is to find the 50% of the amount of $10,000
50%×$10,000
=$5,000
Third step is to calculate for adjusted SMA balance
Adjusted SMA balance=$SMA $30,000 +$5,000
Adjusted SMA balance=$35,000
Therefore the Adjusted SMA balance will be $35,000
Name some eco-friendly features you might look for while shopping for your first vehicle
Also, explain techniques you can use while driving any vehicle to increase fuel efficiency and reduce emissions it’s for my ed class
Answer
Some Eco friendly features you might look for may include a gas efficiency button to regulate between gas and electric motors thus decreasing emissions. another great pointer is LED lights instead of older bulb lights, Most pivotal idea in buying the most Eco friendly car would have to be the weight most definitely, the lighter the vehicle the less environmental impact.
Given the following information, determine the markup per unit. Direct materials $76,000 Direct labor $130,000 Factory overhead $56,500 Selling and administrative expenses $43,000 Estimated units to be produced and sold 15,000 Total assets $200,000 Desired rate of return 10% Normal selling price per unit $21. 70 a.$21.70 b.$4.89 c.$4.20 d.$17.50
Answer:
c.$4.20
Explanation:
Calculation to determine the markup per unit.
First step is to find the Total product costs.
Total product cost will be :
Direct materials $76,000 +Direct labor 130,000 +Factory overhead 56,500
= Total product costs $262,500
Second step is to find the Total cost per unit
Using this formula
Total cost per unit=Total product costs/Estimated units to be produced and sold
Let plug in the formula
Total cost per unit= ($262,500 ÷ 15,000 units) Total product costs=$17.50
The Third step is to find the Desired profit
Using this formula
Desired profit=Total assets ×Desired rate of return
Let plug in the formula
Desired profit= ($200,000 × 10%)
Desired profit=$20,000
The fourth step is to find the markup percentage
Using this formula
Markup percentage =[(Desired profit+Selling and administrative expenses)/Total product costs ]
Let plug in the formula
Markup percentage = [($20,000 + $43,000) ÷ $262,500]
Markup percentage=$63,000/$262,500
Markup percentage=24%
The last step is to find the Markup per unit
Using this formula
Markup per unit =Total product costs/Markup percentage
Let plug in the formula
Markup per unit=($17.50 × 24%)
Markup per unit= $4.20
Therefore the Markup per unit will be $4.20
Considere que a empresa vale dos lirios Ltda, recebeu por meio de caixa, o valor registrado an conta de clientes referente a venda efetuada no mês de marco/2020- no valor de $3.400,00. Qual a alternativa que corresponde o método das partidas dobradas?
Responda:
Por favor, verifique a explicação
Explicação:
O método de dupla entrada simplesmente se refere a um princípio contábil em que cada transação realizada tem um registro duplo, ou seja, se uma operação de crédito é realizada, o débito correspondente é registrado, da mesma forma, quando ocorre um débito, o lançamento a crédito correspondente também é registrado ao lado.
No cenário acima, a entrada de débito do ativo adquirido pelo cliente à vista de R 3.400 enquanto a vale Lirios Ltda é creditada com o dinheiro recebido na venda de seu ativo.
Ativo Caixa R $ 3.400 - - - - Débito
vale Lirios Ltda (ativo) R $ 3.400 - - - crédito
Lindsay is Jon's manager and calls him into her office after everyone else has gone home for the day. She closes the door and tells Jon that he is a thief and that he must return items that he stole from the company. In fact, Jon is extremely honest and has never stolen anything in his life. He is extremely upset and starts to feel sick.
A. Lindsay has committed libel.
B. Lindsay has committed disparagement.
C. Lindsay has committed slander.
D. Lindsay has not committed a defamation tort.
Answer: Lindsay has not committed a defamation tort
Explanation:
Defamation is when the reputation of an individual in being damaged. In s case whereby one believes that his or her reputation has being damaged by another person, the person sue under the defamation theory.
In the analysis above, we can deduce that Lindsay has not committed a defamation tort.
"Institutional portfolio managers have been allocating an increasing percentage of their funds to common stock positions. This is an indication that their market sentiment is:"
Answer: Bullish
Explanation:
A Bullish market is characterized by increasing economic output and therefore rising market prices for stocks. The mood in the market is optimistic which will keep the stock prices rising.
Institutional portfolio managers will therefore start allocating and increasing the proportion of their funds in common stock positions to take advantage of this better performing stock market and make a healthy return.
Crystalize is a decorative glassware manufacturer. The company's production team takes 8 hours to produce 96 identical glass items. Which of the following is the labor productivity of Crystalize?A) 10 items per hour.
B) 12 items per hour.
C) 0.08 hours per item.
D) 0.09 hours per item.
Answer:
B) 12 items per hour.
Explanation:
Calculation for the labor productivity of Crystalize.
Using this formula
Labor productivity=Numbers of items produce/Hours to produce
Let plug in the formula
Labor productivity=96/8
Labor productivity= 12 items per hour
Therefore labor productivity of Crystalize will be 12 items per hour.