Answer:
The numbers are missing in this question, but I will use make my own:
"In 1990, Johnson Company purchased a building for $400,000. In 2020, a real estate professional says the building has a fair value of $950,000."
The building must be reported at purchase cost (following the historical cost principle) and the only adjustment to its carrying value is accumulated depreciation. Fixed assets must always be reported at purchase cost and in this case would be $400,000.
In year 1 the CPI is 174, and in year 2 the CPI is 190. If Sarah's salary was $49,800 in year 1, what salary in year 2 would cause her to exactly "keep up with inflation"
Answer:
Salary in year 2 = $54,379.31
Explanation:
The Consumer price index is the weighted average of the cost of basket of good of goods and services consumed by a typical consumer in an economy. It is used to measure the rate of inflation rate.
A rise in the price index implies inflation
Inflation is the increase in the general price level. Inflation erodes the value of money.
So we can determine the salary in the year 2 as follows:
2006 Salary in the base year terms=
CPI in the current year 2/CPI base year 1 × salary in the current year
190/174× 49,800 = 54,379.31
Salary in year 2 = $54,379.31
What’s the missing step in setting up a Recurring Transaction in QuickBooks Online? 1.______________ 2. Select New and select the transaction type 3. Fill in the template name and select whether it’s scheduled, unscheduled or a reminder 4. Finish filling out the template
Answer: d. Select the Gear icon then Recurring Transactions
Explanation:
Quickbooks is an accounting software/service that helps small to medium businesses with their accounting.
In Quickbooks one can create a recurring transaction for things such as expenses.
To do so the very first step would be to go to settings ( gear icon) and then under lists, click the Recurring Transactions button.
Not offering ski equipment in a southern state is an example from what "chunk" of Marketing? a Channel Management b Marketing Information Management c Market Planning d Pricing e Promotion f Selling
Answer:
Market Planning
Explanation:
Marketing Planning are steps taken that consists of market situation analysis, analysis of marketing opportunities information, market and forecast, to develop a bases for objectives to achieve in the market structuring and advancing a marketing approach or strategy. As such the marketing plan are an outline of actions having a strategic base.
Examples of marketing planning includes;
1) Advertisement
2) Cause Marketing, that ties the offered product to a particular social cause or people policy or issue
3) Marketing by word of mouth
4) Marketing on the internet
5) Marketing based on relationship
What refers to marketing via the Internet using company websites, online advertising and promotions, email marketing, online video, and blogs
Answer: Online marketing
Explanation:
Online marketing simply means marketing via the Internet using company websites, online advertising and promotions, email marketing, online video, and blogs.
It is also called internet marketing and through the internet, a brand or business can be promoted by using tools that will help the business drive leads, traffic, and sales.
A homeowner receives a tax bill that includes an amount for the police district, taxed at $2.50 per $1,000, and the fire protection district, taxed at $1.80 per $1,000. How much does the taxpayer have to pay for these two items if the property's taxable value is $77,000?
Answer:
$331.1
Explanation:
The property's taxable value are the financial worth attributed to a property by the tax authority , which serves as the basis on which tax returns are computed for such property.
Workings
Taxable value of the property = $77,000
Police district tax calculated at $2.5 per $1,000 = 77,000/1000*2.5 = 192.5
Fire protection district tax at $1.8 per $1,000 = 77,000/1000* 1.8 = 138.6
Tax liability due for payment = $331.1
HELP I AM BEING TIMED!!!!!
Damell has an eye for detail and is good at drawing realistic pictures. His friend Riannon is very good with her
hands and at following directions to assemble materials. Considering Damell and Riannon's skills, how would they
best fit into careers in architecture and construction?
Damell is bemer fit for work in construction, while Riannon is better fit for work in architecture.
O Riannon is better fit for work in construction, while Damell is better fit for work in architecture.
Both Damell and Riannon would be more successful in architecture than in construction.
O Both Damell and Riannon would be more successful in construction than in architecture.
Answer: b
Explanation:
in these, the Damell and Riannon's skills, they best fit into careers in architecture and construction is Riannon's is better fit for work in construction, while Damell is better fit for work in architecture. The correct option is (B).
What do you mean by the architecture?Architecture, as opposed to construction-related abilities, is the art and technique of designing and building.
Architecture is a discipline that satisfies both functional and expressive needs, and as a result, it serves both utilitarian and aesthetic goals.
These two ends can be identified from one another but they cannot be separated, and the proportional importance accorded to each can differ significantly.
In accordance with the requirements of its various organizations, society determines the types of architecture, not architects. Society establishes the objectives, and the architect is tasked with figuring out how to get there.
Therefore, in these the Damell and Riannon's skills, they best fit into careers in architecture and construction is Riannon's is better fit for work in construction, while Damell is better fit for work in architecture.
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Using standard costs can make management planning more difficult. weakens management control. does not help in setting prices. promotes greater economy.
Answer:
promotes greater economy.
Explanation:
The standard cost is the predicted cost that is used for manufacturing the product. It involves direct material cost, direct labor cost, and manufacturing cost. Instead of using the actual cost of the above costing use the expected or standard cost so that the company could known about the variances that lies between the actual cost and the standard cost
Therefore by using the standard cost it promotes the greater economy
Hence, the last option is correct
write and submit a 100-word summary or more, answer to the following essential question: "How can I improve my human capital and prepare for my dream job/career?" Include all of the following terms in your response: career, human capital, hard skills, job, postsecondary education, soft skills, and training. Use the "RAP Method" to answer the essay. This means you should (1) restate the essential question, (2) answer the essential question, and (3) prove or support your answer with specific information or details.
Answer:
How can you improve your human capital and prepare for your dream job/career? Don't worry and follow following steps:
(1) Get more education
(2) Get more experience
(3) Automate your finances
(4) Explore beyond your industry
(5) Get involved
(6) Improve your public speaking and presenting skills
(7) Cultivate your human network
(8) Publish your thoughts
Help me please please please
Answer:
1 ) $17.14
2) $41.8
3) $39.2
4) 12%
Explanation:
1-3) 100% is full. subtract the percent off by 100. For example #1 is 25%, we would 100% - 25% = 75%. then multiply the percentage by the price which is $22.85 x 0.75 = $17.14
same for the rest
4) use the formula
Discount = original price - selling price
$399 - $350 = $49
then use the formula
% = discount/original price multiply by 100%
$49/$399 which is 0.1228 then multiply it by 0.100 which is 12%
check your answer by 100 - 12 = 88 then 399*0.88 = 351.12
they round the price so it is $350
A product line is a group of products that are physically similar or are intended for a similar market. What is the best example of a product line?
Explanation:
A product line can be defined as a strategy that a company uses to produce similar products but that meets different needs of different audiences. The advantage of this strategy is to achieve a greater market share and increase positioning and strengthen a brand in the market.
An example of a product line is a chocolate brand, Lindt for example, which has several types of chocolate, such as milk, white, dark, diet, etc.
The study of group __________ helps us to recognize the formation of a group and states how the group should be organized, lead and promoted. Fill in the blank.
Answer:
dynamics
Explanation:
Group dynamics is a term that is used in describing the formation and the actual nature or characteristics of a group in connection to every member of the group and or in relation to how the group interacts with other groups.
Hence, the study of group DYNAMICS helps us to recognize the formation of a group and states how the group should be organized, lead, and promoted.
When the Group of dynamics may be a term that's utilized in describing the formation and also the actual nature or characteristics of a bunch in connection to each member of the group and or in respect to how the group interacts with other groups.
DynamicsHence, the study of social psychology that is Dynamics helps us to acknowledge the formation of a gaggle and states how the group should be organized, lead, and promoted.
Thus, the correct answer is Dynamics
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What activities are FBLA-PBL members most likely to participate in?
Answer:
FBLA-PBL members most likely to participate in business competitions and leadership conferences.
Answer:
leadership conferences
business competitions
Explanation:
An open market purchase will cause Question 32 options: Borrowed reserves to rise and the Fed Fund Rate to fall Nonborrowed reserves to rise and the Fed Fund Rate to fall Nonborrowed reserves to fall and the Fed Fund Rate to rise Borrowed reserves to fall and the Fed Fund Rate to rise
Answer:
Non Borrowed reserves to rise and the Fed Fund Rate to fall
Explanation:
An open market purchase is when the Central bank buys securities from banks. This increases money supply, increases the federal funds rate to fall and increases reserves
Borrowed reserves are monies borrowed by banks from the central bank to maintain required reserves.
The president of Deal Corporation wrote to Boyd, offering to sell the Deal factory for $300,000. The offer was sent by Deal on June 5 and was received by Boyd on June 9. The offer stated it would remain open until December 20. The offer:
Answer:
is valid until December 20, but it can be revoked by Deal any time before that date unless Boyd has accepted it.
Explanation:
An offer can be revoked by the offeror at any time as long as the following two conditions exist:
the offeror notifies the offeree that the offer is being revokedthe offeree has not yet accepted the offerJapan, with a high population density and a large number of urban centers that grew up before the automobile, has a retail system with many small stores serving local neighborhoods and to which people frequently walk. However, none of these stores has a major share of the market. According to this information, which kind of a system does Japan have
Answer:
Fragmented Retail system
Explanation:
A fragmented retail system can be defined as a market in which no firm can has or can exert any influence to move the market in a particular direction.
This simply means that a fragmented retail system is one in which no product or firm has a grip or major share in the market. This leaves the market to a lot of small and medium scaled businesses competing with larger companies.
From the question, it can be seen that there a lots of small stores that serves the neighborhood. This means that the small shops cater for the needs of people within its vicinity such that there isn't any need for visiting larger stores.
Cheers
X Company purchased land for cash from Y Company. Based on this information alone, the number of reporting entities is ______.
Answer:
2 (two)
Explanation:
Company X and Company Y are known as reporting entities because they have to prepare financial statements based on their transactions. Company X is the buyer and Company Y is the Seller.
Jocko has a high school diploma and owns a corporation that nets over a million dollars a year. In view of this, what is the best description of Jocko based on middle-class standards?
Answer:
Jocko is status inconsistent because his level of education, which is not consistent with his rank in property and power.
Explanation:
Status inconsistency occurs when the social position has both negative and positive impact on his social status.
It occurs when an individual is socially respected in one way and not another. For example a teacher may earn small amount of money but he is respected in society as a learned person.
Status in insistence occurs as a result of profession, income, education and social circles.
In this scenario Jocko has a high school diploma and owns a corporation that nets over a million dollars a year.
His income makes him someone that is highly respected in society, however educationally he will not have as much respect because he only has a diploma.
A top performer routinely arrives late to work. When questioned, rather than providing an explanation, she just says that she'll take a shorter lunch hour. Because of her performance, her manager allows this behavior to continue. Which risk does the manager take by failing to apply policy consistently
Answer:
the manager risks legal enquiry for unjust dismissal of other employees for lateness as well.
Explanation:
Irrespective of an employee's performance, good or bad, a manager has to company policy regarding any misdemeanour should be meted out as at when due. This will ensure and give other employees the sense of responsibility to assume and resume as at when due and that no one in the organization is above the law.
Cheers
What kind of life insurance policy pays a specified monthly income to a beneficiary for 30 years and then pays a lump sum benefit at the end of that 30 years
Answer:
Family Maintenance Policy
Explanation:
A family maintenance policy refers to the policy in which it generates the income for a beneficiary for the particular period of time after considering the death of the insured person
After maturing the given period, the insurer provides the money to the beneficiary i.e. equal to the face value of the policy
Therefore according to the given situation, it represents the family maintenance policy
Many businesses have a(n) __________, which is a password-protected network that uses web-based technologies for employee collaboration and productivity. Select one: a. firewall b. intranet c. internet d. social network
Answer:
b. intranet
Explanation:
An intranet is basically a computer network that cannot be accessed by the general public. Generally we think of intranets as local networks that are restricted to only a certain group of users, but some intranets are national or even international. The pentagon's intranet is accessed from all over the world.
The difference with the internet, is that anyone can access the internet, while an intranet is used by specific people.
When there is an expansionary gap, inflation will ______, in response to which the Federal Reserve will ____ real interest rates, and output will _____.
Answer: increase; raise; decline
Explanation:
An expansionary gap occurs in an economy when the potential output in the economy is less than the actual output.
It should be noted that when there is an expansionary gap, this will lead to a rise in inflation. Since inflation has risen, the government will also increase the real interest rates which will in turn, lead to the reduction in output.
Consider the equation for present value. if you wished to increase the present value of a future amount by changing only one variable, which of the following actions should you take?
a. increase the time period
b. decrease the future value
c. decrease the interest rate
d. this statement cannot be answered with the information provided
Answer:
C
Explanation:
The formula for calculating present value
= FV x (1 + r)^-n
FV = Future value
P = Present value
R = interest rate
N = number of years
To answer this question, let me illustrate with some examples
Scenario 1 :
FV = $100 r = 5% n = 1 PV = $95.24
Scenario 2 : increase the time period
FV = $100 r = 5% n = 2 PV = $90.70
Scenario 3 : decrease the interest rate
FV = $100 r = 4% n = 1 PV = $96.15
Scenario 4 : decrease the future value
FV = $90 r = 5% n = 1 PV = $85.71
We can see that it is in scenario 3 that the present value increased
On August 1 of Year 1, a company paid $1,200 cash in exchange for an insurance policy that protects the company from loss due to fire for a one year term. Based solely on this information, how will the December 31, Year 1 financial statements be affected
Answer:
The statement of cash flows will show $1,200 outflow from operating activities.
The balance sheet will show $700 of prepaid insurance.
The income statement will show $500 of insurance expense.
Explanation:
Solely based on the information given above, the financial statements of the firm will show an insurance expense under the heads of current year for an amount of $500; whereas, the financial statements will show prepaid expenses of $700 in the assets side of the balance sheet as on December 31.
What is the significance of financial statements?Financial statements can be referred to or considered as statements that express the status of the financial position of a company on a given date during the financial year. It gets affected with one single transaction as well.
As per the accounting standards, an insurance expense for only the current year benefit, i.e., $500 will be recorded in the financial statements, whereas, the remaining amount of $700 will be forwarded to the next financial period as prepaid expenses.
Therefore, the significance regarding financial statements has been aforementioned.
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Tim, who works for Peachtree Realty, referred a buyer to a broker who works for Pinetop Realty. The referring agent is to receive 25%of buyer side commission when the transaction closes. The buyer purchased a $350,000 home, and the 7% commission was split as follows: listing brokerage, 2%; listing agent, 2%; buyer's brokerage, 1.5%; buyer's agent, 1.5%. How much was the referring agent paid
Answer:
$1,312.50
Explanation:
Calculation for How much was the referring agent paid
First step is to find the buyer agent amount by using the buyer's agent percentage to multiply the buyer purchased amount of the home
Using this formula
Buyer agent amount =Buyer's agent percentage× Home purchased amount
Let plug in the formula
Buyer agent amount=1.5%×$350,000
Buyer agent amount=$5,250
The last step is to find How much was the referring agent paid
Using this formula
Amount referring agent paid =Buyer agent amount× Percentage of buyer side commission
Let plug in the formula
Amount referring agent paid=$5,250×25%
Amount referring agent paid=$1,312.50
Therefore the amount that the referring agent paid will be $1,312.50
Your client's investment portfolio is 50% growth stocks, 10% foreign stocks, and 40% blue-chip stocks. If the client is interested in further diversification, which mutual fund would best meet that goal
For the year ending December 31, 2018, Sparks Electric expects net cash provided by operations of , net cash used by investing activities of , and net cash provided by financing activities of . Sparks plans to spend to add a warehouse for its operations and pays in cash dividends. What is the amount of free cash flow?
Answer: C) $40,000
Explanation:
The free cash flow to a company is that amount of cash that it has generated from its operations that it can therefore use to purchase assets and pay off dividends.
Cash from operations = $328,000
Dividends = $31,000
Spending on warehouse (asset) = $257,000
Free cash flow = 328,000 - 257,000 - 31,000
= $40,000
What should be done with equipment that is at the end of its life cycle and that is being donated to a charity?
Answer:
C. Sanitize it.
Explanation:
Devices should be sanitized to ensure they do not contain any confidential data before they hit the end of their life cycle. Erasing CDs and DVDs is one of the sanitation processes but other device components, such as disc drives, must also be assessed to ensure confidential information is not included.
Trying to remove software licences or implementing the original software is not generally necessary unless it's needed by the sanitization process of the organization.
hence, the correct option is C. sanitize it
Dr. Lifeson has taken a job consulting with Omega Inc. The managers at Omega want to know why employee morale is so low in their manufacturing division, and they want Dr. Lifeson to design the appropriate studies and collect the necessary data to answer that question. In which field is Dr. Lifeson most likely a specialist
Answer: Industrial/Organizational psychology.
Explanation:
Industrial or organizational psychologists are the people who use research methods and psychological principles to solve problems that occurs in the workplace and also help in improving quality of life.
They help in studying the productivity at workplace and working styles of both the management and employes. They also study company's morale and personality.
A firm's demand for labor is derived in part from Group of answer choices the value of the firm's stock price. the firm's sunk costs. consumer demand for the firm's product. worker preferences for jobs. the level of monthly union dues.
Answer:
consumer demand for the firm's product.
Explanation:
Derived demand is demand for a good or service as a result of the demand for another good and service. The demand for labour and factors of production is an example of a derived demand.
In order to produce a good or service, there is need for factors of production. Labour is one of the factors of production. Goods would only be produced as a result of people demanding for the good. If there is no demand for a good, firms would not produce the good and as a result there would be no need to demand for labour to help in producing the good
Describe three steps to take that will sharply reduce the number of laboratory accidents
Answer:
1. The experiments should be clear in mind and well understood before coming to lab, for this the experiments should be well read.
2. Take proper precautions when working in the lab as, no insane acts shall be performed also due care with the use of apparatus and instruments in the lab shall be taken care of.
3. Even in some imaginary or worst case if help is required because of any incident that took place unwillingly and might lead to some loss, then you should be able to ask for help, also know the persons from whom you are supposed to seek help.