The firm will produce 3 units to maximize profit.
How to determine the optimal level of productionTo determine the optimal level of production for the firm, we need to look at the marginal cost (MC) and marginal revenue (MR) of each level of output.
The MC is the additional cost of producing one more unit, while MR is the additional revenue earned from selling one more unit.
At an output of 1, the MC is $10 and the MR is $12, so the firm should produce one unit to earn a profit of $2.
At an output of 2, the MC is $8 and the MR is also $12, so the firm should produce another unit.
At an output of 3, the MC is $7 and the MR is still $12, so the firm should produce a third unit.
At an output of 4, the MC is $8 and the MR is still $12, but producing another unit would result in a loss, so the firm should stop at 3 units.
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Adam transfers property with an adjusted basis of $50,000(fair market value of $ 400,000) to Swift Corporation for 90% of the stock. The property is subject to a liability of $60,000, which Swift assumes. What is the basis of the Swift stock to Adam? What is the basis of the property to Swift Corporation?
Based on the provided information, when Adam transfers property to Swift Corporation in exchange for 90% of the stock, the transaction involves the property's adjusted basis, fair market value, and the assumed liability.
To calculate the basis of the Swift stock to Adam, we use the following formula:
Adjusted basis of transferred property - liability assumed by Swift + gain recognized = basis of Swift stock to Adam.
In this case, the gain recognized is $0 because Adam's transfer of property for Swift's stock is considered a tax-free exchange (assuming it meets the requirements under Section 351 of the Internal Revenue Code).
So, the basis of the Swift stock to Adam will be: $50,000 (adjusted basis) - $60,000 (liability) + $0 (gain recognized) = -$10,000. However, the basis cannot be negative, so the basis of the Swift stock to Adam will be $0.
For the basis of the property to Swift Corporation, it's calculated using the formula:
Adjusted basis of transferred property + gain recognized by transferor - liability assumed by Swift = basis of property to Swift.
In this case, it will be: $50,000 (adjusted basis) + $0 (gain recognized) - $60,000 (liability) = -$10,000. As the basis of the property cannot be negative, the basis of the property to Swift Corporation will be adjusted to the amount of the liability assumed, which is $60,000.
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Sadie is a freelance social media specialist. Companies can hire her to improve their social media presence. Why is it particularly important that Sadie, and other freelancers like her, have an emergency fund? * 2 points Freelancers charge a very low hourly rate, so Sadie probably doesn't get paid much Sadie doesn't have guaranteed work every day, so she needs money in case she goes a while between clients Sadie will need a large emergency fund in order to make her monthly insurance payments Sadie's job requires a lot of expensive specialty equipment that will always need replacing
It is particularly important that Sadie, and other freelancers like her, have an emergency fund as Sadie doesn't have guaranteed work every day, so she needs money in case she goes a while between clients. The right answer is b.
Being a freelancer can make you considerably more susceptible to significant monetary changes, such as an unexpected loss of income. According to experts, you should keep three to six months' worth of spending in an untouchable savings account. An emergency fund might assist you in overcoming everyday challenges like the unexpected loss of a customer or late payments.
The goal of an emergency fund is to have enough money set aside to cover all of your monthly needs for at least six months, including your rent or mortgage, car payments, food bills, debt repayments, and any other monthly expenses that may arise.
The correct answer is option b.
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if there is a surplus in the market for loanable funds, then the interest rate question 37 options: rises, so national saving rises. rises, so national saving falls. falls, so national saving rises. falls, so national saving falls.
If there is a surplus in the market for loanable funds, the interest rate falls, so national saving rises.
This occurs because when there is a surplus of loanable funds, lenders have more money to lend out than borrowers are demanding. This excess supply of funds puts downward pressure on interest rates, as lenders compete to attract borrowers. As interest rates fall, the cost of borrowing decreases, making it more attractive for households and firms to invest and consume. This increase in investment and consumption leads to an increase in national saving.
National saving is the sum of private saving (the amount of income that households and firms save) and public saving (the difference between government revenue and spending). When interest rates fall, households and firms are more likely to save their money in banks and other financial institutions, which in turn increases the supply of loanable funds. Additionally, when interest rates fall, the government can borrow money more cheaply, which increases public saving.
Overall, a term surplus in the market for loanable funds leads to a decrease in interest rates, which stimulates investment and consumption, and increases national saving.
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What is the term used to describe the connectivity between an organization and a third party?
The term used to describe the connectivity between an organization and a third party is "interconnectivity." Interconnectivity refers to the ability of two or more systems to connect and communicate with each other, allowing for the exchange of information and resources.
In the context of organizations and third parties, interconnectivity can refer to various forms of partnerships, collaborations, and integrations. For example, an organization may have an interconnectivity agreement with a vendor or supplier to ensure a smooth flow of goods and services. Alternatively, an organization may establish interconnectivity with a partner or affiliate to expand its reach or capabilities. Interconnectivity can be achieved through various means, including APIs, data integrations, and communication protocols. However, it is important for organizations to establish appropriate security measures and protocols to protect sensitive information and mitigate the risk of cyber threats when establishing interconnectivity with third parties.
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5. The internal labor market is made up of all employees in an industry.
The internal labor market refers to a specific system within a company or organization that consists of its current employees. This system often includes aspects such as hiring, promotions, and compensation. Although it may involve individuals from a particular industry.
it is primarily focused on the employees within a single organization, rather than the entire industry. The statement is not entirely accurate. The internal labor market refers to the pool of job openings within a particular organization or company, and the employees who are eligible and qualified to apply for those positions.
It does not refer to all employees in an industry, which would include employees from various organizations and companies. In an internal labor market, job openings are first advertised within the organization or company, and current employees are given the opportunity to apply for those positions before they are made available to external candidates.
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Beta Ltd. having share capital of 20,000 equity shares of 10 each decides to issue rights share at the ratio of 1 for every 8 shares held at par value. Assuming all the share holders accepted the rights issue and all money was duly received, pass journal entry in the books of the company.
The journal entry in the books of Beta Ltd. for the rights issue is:
Debit: Bank A/c - 25,000
Credit: Equity Share Capital A/c - 25,000.
In this scenario, Beta Ltd. is issuing rights shares at a ratio of 1 for every 8 shares held at par value. Assuming all shareholders accepted the rights issue and all money was duly received, we can pass the following journal entry in the books of the company:
Step 1: Calculate the number of rights shares to be issued
Number of rights shares = Total shares / Rights issue ratio = 20,000 / 8 = 2,500 rights shares
Step 2: Calculate the total amount received from the rights issue
Amount received = Number of rights shares * Par value per share = 2,500 * 10 = 25,000
Step 3: Pass the journal entry
Bank A/c (Debit)............25,000
To Equity Share Capital A/c (Credit).........25,000
The Bank A/c is debited because the company receives money from the shareholders for the rights issue. The Equity Share Capital A/c is credited as the company's share capital increases due to the issuance of the rights shares.
So, the journal entry in the books of Beta Ltd. for the rights issue is:
Debit: Bank A/c - 25,000
Credit: Equity Share Capital A/c - 25,000.
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Flex-Tite manufactures plastic parts. The inventory policy at Flex-Tite is to hold inventory equal to 127% of the average monthly sales for its main product. Sales for the following year are expected to be 882,000 units. Based on the inventory policy, the budget calls for the production of 892,000 units.
Required: What is the beginning inventory of the component? (Do not round intermediate calculations.)
The beginning inventory of the component at Flex-Tite is 83,345 units.
To determine the beginning inventory of the component at Flex-Tite, we need to follow these steps:
1. Calculate the average monthly sales: Since the annual sales are expected to be 882,000 units, we need to find the average monthly sales. To do this, divide the annual sales by 12 (months in a year).
Average monthly sales = 882,000 units / 12
Average monthly sales = 73,500 units
2. Calculate the inventory level according to the policy: Flex-Tite's inventory policy is to hold inventory equal to 127% of the average monthly sales. To find this value, multiply the average monthly sales by 127%.
Inventory level = 73,500 units * 127%
Inventory level = 93,345 units
3. Determine the beginning inventory: Since the budget calls for the production of 892,000 units and the sales are expected to be 882,000 units, we can find the beginning inventory by adding the inventory level to the sales and then subtracting the production.
Beginning inventory = (Inventory level + Sales) - Production
Beginning inventory = (93,345 units + 882,000 units) - 892,000 units
Beginning inventory = 83,345 units
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When Amazon decided to begin offering its own brand of products (Amazon Basics) in competition with some of the manufacturers that use Amazon as a distribution channel, this created the potential for___ a)channel disruption. b) channel conflict. c) illegal competition. d) cross-channel conflict. e) unethical competition.
When Amazon decided to begin offering its own brand of products (Amazon Basics) in competition with some of the manufacturers that use Amazon as a distribution channel, this created the potential for channel conflict. Hence, option B is correct.
The manufacturers who rely on Amazon as a distribution channel may see Amazon Basics as a direct competitor, leading to conflict over pricing, placement, and promotions within the channel. This conflict can cause disruptions in the supply chain, affecting the availability and delivery of products to customers.
However, as long as Amazon Basics follows ethical business practices and does not engage in illegal competition, it is within its rights to offer its own products alongside those of other manufacturers on the platform.
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Answer: Vertical channel conflict
Explanation:
On December 1, Karl Zant opened a speech and hearing clinic. During December, his firm had the following transactions involving revenue and expenses. Paid $2,800 for advertising. Provided services for $2,500 in cash. Paid $740 for telephone service. Paid salaries of $2,300 to employees. Provided services for $2,700 on credit. Paid $390 for office cleaning service. Did the firm earn a net income or incur a net loss for the period? What was the amount?
In the given case, the total expenses exceeded the total revenue, resulting in a negative net income of -$1,030 for the period.
Services provided in cash = $2,500
Services provided on credit = for $2,700
Advertising expense = $2,800
Telephone service expense = $740
Salaries expense = $2,300
Office cleaning service expense = $390
Calculating the total revenue -
= $2,500 + $2,700
= $5,200
Calculating total expenses -
= $2,800 + $740 + $2,300 + $390
= $6,230
Calculating the Net income -
Net Income = Total Revenue - Total Expenses
= $5,200 - $6,230
= -$1,030
The speech and hearing clinic saw a net loss of $1,030 for the month of December, according to the estimates. This indicates that there was a loss for the period since the total costs were higher than the total revenues.
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List five (5) characteristics seen in primates not seen in mammals, illustrate your discussion with examples from DisneyNature: Chimpanzee (film).
Five characteristics seen in primates not seen in mammals are: opposable thumbs, stereoscopic vision, prehensile tails, larger brains relative to body size, and social behavior.
Firstly, Chimpanzees have opposable thumbs, which allow them to grasp objects firmly, use tools, and climb trees. In the film, we see Oscar, the chimpanzee protagonist, using his opposable thumbs to crack nuts and to hold branches while swinging through the forest.
Secondly, primates have stereoscopic vision, which enables them to perceive depth and accurately judge distances. In Chimpanzee, the camera captures Oscar's eyes shifting back and forth, allowing him to see in 3D and precisely calculate the distance between branches before jumping.
Thirdly, some primates have prehensile tails, which act as an extra limb that can grasp objects or wrap around branches for stability. However, chimpanzees do not have prehensile tails.
Fourthly, primates have larger brains relative to their body size than other mammals, which allows them to solve problems, learn from experience, and communicate with each other. In Chimpanzee, we see Oscar learning from his mother, Isha, and using his intelligence to navigate his environment.
Lastly, primates have complex social behavior, forming strong social bonds, and exhibiting various forms of communication. In Chimpanzee, we see Oscar's group working together to forage for food, groom each other, and defend their territory from rival groups.
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A. What are the differences of time basis and piece rate basis system?
B. Nora is a Business Analytics Manager at Namshi a multinational E-commerce company. She is paid OMR 25 per hour based on hourly rate, for 40 hours per week. According, to the agreement, she is eligible for overtime (time-and-a-half pay). Calculate the following.
4. If Nora worked for 58 hours in a week, what is her gross pay?
5. What is her overtime rate per hour?
6. What is her total overtime allowance?
A. The main difference between a time basis and a piece rate basis system is the method of calculating wages. In a time basis system, employees are paid based on the time they spend working, typically on an hourly or weekly basis. In a piece rate system, employees are paid based on the number of items or units they produce. This means that their wages are directly linked to their productivity levels.
B. 4. Nora's gross pay for working 58 hours in a week would be calculated as follows: OMR 1,675.
5. Nora's overtime rate per hour is OMR 37.5 .
6. Nora's total overtime allowance is OMR 675.
A. The time basis system and piece-rate basis system are two different methods of compensating employees for their work.
- Time basis system: In this system, employees are paid based on the amount of time they work, such as an hourly rate or a salary. This method is commonly used for jobs that require a certain number of hours to be worked each day or week, such as office jobs or retail positions.
- Piece-rate basis system: In this system, employees are paid based on the number of units they produce or services they provide. This method is commonly used in manufacturing, construction, and other industries where employees can produce a variable number of units in a given amount of time.
B. Nora is a Business Analytics Manager at Namshi a multinational E-commerce company. She is paid OMR 25 per hour based on the hourly rate, for 40 hours per week. According to the agreement, she is eligible for overtime (time-and-a-half pay).
- For the first 40 hours, she would be paid her regular hourly rate of OMR 25 per hour, which would total OMR 1,000 (40 x OMR 25).
To calculate Nora's total overtime allowance, we need to calculate how many overtime hours she worked and then multiply that by her overtime rate:
Overtime hours = 58 hours - 40 hours = 18 hours
- For the additional 18 hours, she would be paid at time-and-a-half, which means she would receive OMR 37.5 per hour (OMR 25 x 1.5). This would total OMR 675 (18 x OMR 37.5).
4. Adding these two amounts together, Nora's gross pay for the week would be OMR 1,675.
5. Nora's overtime rate per hour is calculated as time-and-a-half of her regular hourly rate. Therefore, her overtime rate per hour is OMR 37.5 (OMR 25 x 1.5).
6. Nora's total overtime allowance is calculated by multiplying her overtime rate per hour by the number of overtime hours worked. In this case, Nora worked 18 overtime hours, so her total overtime allowance is OMR 675 (18 x OMR 37.5).
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as sales volume increases, an operation's mixed-expense percentage decreases while the total dollar amount of the mixed expense increases.
The statement "As sales volume increases, an operation's mixed-expense percentage decreases while the total dollar amount of the mixed expense increases" is true because when sales volume increases, the mixed-expense percentage decreases due to the fixed component's diminishing proportion, while the total dollar amount of the mixed expense increases due to the rising variable component.
The reasons are as follows:
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A firm has $200,000 in current assets, $400,000 in long-term assets, $80,000 in current liabilities, and $200,000 in long-term liabilities. What is its net working capital?
Net working capital is a key financial metric used to evaluate a company's liquidity and overall financial health. It represents the difference between a firm's current assets and current liabilities. In this case, the company has $200,000 in current assets and $80,000 in current liabilities.
To calculate the net working capital, you simply subtract the current liabilities from the current assets:
Net working capital = Current assets - Current liabilities
Net working capital = $200,000 - $80,000
Net working capital = $120,000
This means that the company has a net working capital of $120,000. A positive net working capital indicates that the company has enough short-term assets to cover its short-term liabilities, which is a good sign for financial stability. The company's long-term assets and long-term liabilities, while relevant to its overall financial situation, are not directly involved in the calculation of net working capital.
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Differences between the inventory count and the perpetual records are adjusted by increasing or decreasing ______. cost of good sold.
The differences between the inventory count and the perpetual records are adjusted by increasing or decreasing the cost of goods sold.
This adjustment helps to align the physical inventory count with the perpetual records and ensures the accuracy of the cost of goods sold. This adjustment is necessary to ensure that the inventory and cost of goods sold accounts accurately reflect the amount of inventory on hand and the cost of goods that have been sold.
When the inventory count is higher than the perpetual records, the cost of goods sold is decreased to reflect the additional inventory on hand. Conversely, when the inventory count is lower than the perpetual records, the cost of goods sold is increased to account for the missing inventory.
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when a positive change in demand occurs, the demand curve will shift . group of answer choices
a right b left c down
d up
A positive change in demand causes the demand curve to shift to the right. The correct answer is option a).
A positive change in demand refers to a situation where demand for a product or service increases due to factors such as a change in consumer preferences, an increase in income, or a decrease in the price of a complementary good. When a positive change in demand occurs, the demand curve will shift to the right. This means that at any given price level, the quantity demanded of the product or service will be higher than before the change in demand.
The shift in the demand curve represents a change in the entire demand schedule, as opposed to a change in quantity demanded caused by a change in price. In other words, the entire demand curve shifts outward, indicating an increase in demand at all price levels. This results in a new equilibrium point where both the price and quantity demanded are higher than before the change in demand.
The shift in the demand curve has important implications for producers, as they must adjust their production levels to meet the new level of demand. They may also need to adjust their pricing strategy in response to changes in demand, as higher demand may allow them to increase prices to maximize profits.
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The following two payment options each has a present value of x. (i) 120 at the end of each year, forever, with the first payment due at t = 1. (ii) A payment of 2051.53 at t = 11, followed by 120 at the end of each year, forever, with the first payment of 120 due at t = 12. Find X. (Hint: for multiple choice problem, for each possible X find rate i to see whether it works]
The value of X in the present value of both payment options is $1,568.63.
A future sum of money present value (PV) is its current value after being discounted by a specific rate of return over a predetermined amount of time. A loan investment or other financial asset or liability value can be estimated using this financial concept.
Present Value= Payment / i
where i is the interest rate and Present Value=x.
(i) x = 120 / i
(ii) x = 2051.53 / (1 + i)¹¹ + 120 / i
equating both the equations
120 / i = 2051.53 / (1 + i)¹¹ + 120 / i
2051.53 / (1 + i)¹¹ = 0
i= 0.0765
solving for the value of x
x = 120 / 0.0765 = $1,568.63
x = $1,568.63
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how did ronald reagan hope to help the economy with his reaganomics plans? a. by increasing loans to existing businesses to allow them to decrease prices b. by cutting funding to federal programs and requiring americans to contribute more to maintain the programs c. by increasing taxes so that people would save more d. by cutting taxes so that people would use the extra money to buy more and save more
Ronald Reagan aimed to help the economy with his Reaganomics plan by implementing option D: cutting taxes so that people would use the extra money to buy more and save more.
Understanding ReaganomicsThis approach was intended to stimulate economic growth, increase investment, and ultimately create more jobs.
Reagan aimed to reduce government regulations and spending, which he believed would lead to a more efficient and productive economy.
He also hoped to decrease inflation by tightening the money supply, which would raise interest rates and make it more expensive to borrow money.
Overall, Reaganomics aimed to promote free-market capitalism and reduce government intervention in the economy, with the belief that this would lead to long-term growth and prosperity. However, the success of Reagan's economic policies is still a matter of debate among economists.
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Give three examples of opportunity costs that typically are not recorded in accounting systems, although they are relevant to the EOQ model GE 1 2. 3. Change in contribution margin when safety stock is used Lost contribution margin on existing sales when a stockout occurs Lost contribution margin on potential future sales that will not be made to disgruntled customers The gain in sales quantity by knowing the correct reorder point The long-term bond between the company and their suppliers The return forgone by investing capital in inventory
Three examples of opportunity costs that are relevant to the Economic Order Quantity (EOQ) model include a Change in contribution margin when safety stock is used, Lost contribution margin on existing sales when a stockout occurs, and Lost contribution margin on potential future sales that will not be made to disgruntled customers.
Three examples of opportunity costs that typically are not recorded in accounting systems but are relevant to the Economic Order Quantity (EOQ) model include:
1. Change in contribution margin when safety stock is used: When a company holds safety stock to prevent stockouts, the cost of carrying extra inventory is not reflected in the accounting system.
This can lead to a change in the contribution margin, as the additional costs associated with safety stock can reduce the profitability of each unit sold.
2. Lost contribution margin on existing sales when a stockout occurs: When a stockout happens, a company may lose sales as customers look for alternative suppliers.
The lost sales, and the associated contribution margin, are not captured in the accounting system, but they are relevant to the EOQ model as they can impact the overall profitability of the inventory management strategy.
3. Lost contribution margin on potential future sales that will not be made to disgruntled customers: If a stockout causes customers to be dissatisfied, they may choose not to do business with the company in the future.
This potential loss of future sales and the associated contribution margin is not recorded in the accounting system, but it is relevant to the EOQ model as it may impact the long-term profitability of the company.
These opportunity costs should be considered when using the EOQ model to determine the optimal reorder point and inventory management strategy to maximize profitability and maintain strong customer relationships.
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the range of possible prices, where sellers have incentive to sell and buyers have incentive to purchase, is ________
The range of possible prices, where sellers have an incentive to sell and buyers have an incentive to purchase, is equilibrium price.
This price is determined by the interaction of supply and demand in the market. At prices below the equilibrium price, demand exceeds supply, leading to a shortage and potential price increases. At prices above the equilibrium price, supply exceeds demand, leading to a surplus and potential price decreases.
The equilibrium price represents a balance between the quantity of goods or services that producers are willing to supply and the quantity that consumers are willing to purchase. It is the price point where both buyers and sellers are able to achieve their desired outcomes in the market.
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For each of the following transactions, select whether cash flows from operating activities will Increase, decrease, or remain the same: transactions
a.Purchased merchandise on credit. b.Paid an account payable in cash. c.Accrued payroll for the month but did not pay it. d.Borrowed money from the bank. The term of the note is 90 days. e.Reclassified a long-term note as a current liability.
f. Paid accrued Interest expense. g.Disclosed a contingent liability based on a pending lawsuit. h.Paid back the bank for money borrowed in (d). Ignore interest.
i.Collected cash from a customer for services that will be performed in the next accounting period (i.e., deferred revenues are recorded).
a. Cash flows from operating activities will remain the same. b. Cash flows from operating activities will decrease.
a. Purchased merchandise on credit: Cash flows from operating activities will remain the same, as this transaction does not involve any cash movement.
b. Paid an account payable in cash: Cash flows from operating activities will decrease, as cash is being used to pay an account payable.
c. Accrued payroll for the month but did not pay it: Cash flows from operating activities will remain the same, as this transaction only affects the accruals and not cash.
d. Borrowed money from the bank. The term of the note is 90 days: Cash flows from operating activities will remain the same, as borrowing money affects financing activities, not operating activities.
e. Reclassified a long-term note as a current liability: Cash flows from operating activities will remain the same, as this is a reclassification within liabilities and does not involve cash movement.
f. Paid accrued interest expense: Cash flows from operating activities will decrease, as cash is being used to pay the interest expense.
g. Disclosed a contingent liability based on a pending lawsuit: Cash flows from operating activities will remain the same, as disclosing a contingent liability does not involve cash movement.
h. Paid back the bank for money borrowed in (d): Cash flows from operating activities will remain the same, as this transaction affects financing activities, not operating activities.
i. Collected cash from a customer for services that will be performed in the next accounting period (i.e., deferred revenues are recorded): Cash flows from operating activities will increase, as cash is being received from the customer.
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24. Sue sold a piece of business equipment for $26,000 in 2019. The equipment was purchased on February 4, 2017 for $35.000 She claimed the following depreciation deductions Year Depreciation 2017 $7.000 2018 $7,000 Compute the amount of the IRC S 1245 gain, if any, on the sale of the equipment O a $5,000 b. $7,000 0 $9,000 d. $14,000 24
The amount of the IRC Section 1245 gain on the sale of the equipment is $5,000
To compute the amount of the IRC Section 1245 gain on the sale of the equipment, follow these steps:
1. Calculate the total depreciation deductions claimed:
2017 Depreciation = $7,000
2018 Depreciation = $7,000
Total Depreciation = $7,000 + $7,000 = $14,000
2. Determine the adjusted basis of the equipment:
Purchase Price = $35,000
Adjusted Basis = Purchase Price - Total Depreciation = $35,000 - $14,000 = $21,000
3. Calculate the gain on the sale of the equipment:
Sale Price = $26,000
Gain = Sale Price - Adjusted Basis = $26,000 - $21,000 = $5,000
Based on these calculations, the amount of the IRC Section 1245 gain on the sale of the equipment is $5,000 (option a).
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Unlike sole proprietorships and partnerships, corporations must file a tax return and pay any corporate _____ tax owed on profits
Unlike sole proprietorships and partnerships, corporations must file a tax return and pay any corporate income tax owed on profits. This is because corporations are considered separate legal entities from their owners, and therefore have their own tax obligations.
Tax obligations refer to the legal requirements that individuals and businesses have to pay taxes to their government. Taxes are typically used to fund government services, infrastructure, and public programs.
Individuals have a range of tax obligations, depending on their income, employment status, and other factors. In most countries, individuals are required to pay income tax on their earnings, as well as other taxes such as sales tax, property tax, and capital gains tax.
Businesses also have a range of tax obligations, including income tax on their profits, payroll taxes on their employees' wages, and various other taxes such as excise taxes, value-added tax, and corporate tax.
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Ampte Keep the Highest/ 6. Problem 9.06 (Preferred Stock Valuation) ebook Farley Inc. has perpetual preferred stock outstanding that sells for $38 a share and pay a vidend of $4.75 at the end of each year what is the required to return? Round you wer to two decimal places, Grade it Now Save & Continue Continue without saving
The required return on Farley Inc.'s perpetual preferred stock is 12.5%.
Based on the information provided, we need to calculate the required return on Farley Inc.'s perpetual preferred stock. The terms we need to focus on are:
- Stock price: $38
- Dividend: $4.75
To calculate the required return, use the following formula:
Required Return = (Dividend / Stock Price) x 100
Now, plug in the given values:
Required Return = ($4.75 / $38) x 100
Required Return = 0.125 x 100
Required Return = 12.5%
Therefore, the required return on Farley Inc.'s perpetual preferred stock is 12.5%.
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Polishing Your Delivery and Following Up Rehearsing your presentation repeatedly and preparing thoroughly will reduce your stage fright. You should understand various delivery methods and techniques that can improve your delivery. Read the scenario, and answer the question.
You are manager attending a presentation about conflict resolution. You notice that the speaker seems at ease and comfortable in front of a large audience. After the presentation, you decide to talk to the speaker and ask her what she does to be so relaxed. Choose the best response the speaker could give in the scenario above. - I read from my notes and make sure the room is darkened. - I just go into a room and say what is on my mind. - I rehearse repeatedly and practice stress reduction techniques Which techniques will help you conquer stage fright? Check all that apply.
- Ignore any stumbles.
- Feel proud when you finish.
- Don't admit you are nervous.
- Avoid direct eye contact
- Convert your fear into energy.
The best response the speaker could give in the scenario above is: "I rehearse repeatedly and practice stress reduction techniques." Techniques that will help you conquer stage fright include:
- Ignore any stumbles.
- Feel proud when you finish.
- Convert your fear into energy.
A condition of concern or mental strain generated by a challenging circumstance is characterized as stress. Stress is a normal human response that motivates us to deal with problems and risks in our lives. To some extent, everyone is stressed.You have little or no influence on the outcome of a situation. Have obligations that are too much for you. There isn't enough work, activity, or change in your life. You may face prejudice, hatred, or abuse. Positive stress, also known as happy stress or eustress, is the kind of stress reaction we experience when we are excited. Positive stress may also refer to occasions when you respond positively to a challenge posed by a stressor.
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The speaker's best response would be: "I rehearse repeatedly and practice stress reduction techniques." Rehearsing a presentation multiple times and preparing thoroughly can significantly reduce stage fright.
It's also important to understand various delivery methods and techniques that can improve your presentation skills.
To conquer stage fright, some helpful techniques include:
1. Ignoring any stumbles - Minor mistakes are natural and shouldn't disrupt your flow. Keep moving forward with confidence.
2. Feeling proud when you finish - Celebrate your accomplishments and focus on the positive aspects of your performance.
3. Converting your fear into energy - Use the adrenaline rush from nervousness to enhance your delivery and keep the audience engaged.
It is not advisable to avoid direct eye contact or not admit you are nervous, as these can negatively impact your connection with the audience and hinder your overall presentation.
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When should time be devoted to customers to ensure good maintenance of relationships?
A Before, during, and after the sale
B During the order entry process only
C When there is a warranty issue
D When there is a product failure
Time should be devoted to customers before, during, and after the sale to ensure good maintenance of relationships. It is important to establish a strong relationship with customers before the sale by providing information about products and services, answering questions, and addressing concerns.
During the sale, it is crucial to keep communication lines open, provide updates on the order status, and ensure that the customer is satisfied with the purchase process. After the sale, it is equally important to maintain the relationship by following up with the customer to ensure that the product or service meets their expectations. This can include sending out surveys, asking for feedback, and offering assistance with any issues that may arise.
However, it is not enough to only focus on maintaining the relationship during the sale and post-sale process. When there is a warranty issue or a product failure, it is crucial to devote time to the customer to address the issue promptly and effectively. This will not only help to resolve the issue, but it will also demonstrate to the customer that their satisfaction is a top priority. In summary, devoting time to customers before, during, and after the sale is essential for maintaining strong relationships. However, it is equally important to address any warranty issues or product failures promptly and effectively to ensure continued customer satisfaction.
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In the current year, a hat shop sold hats for 10 dollars and they sold 2000 in a year. Last year the price for a hat was 12 dollars and they only sold 1500. The owner wants to know what does the price need to be if he needs to sell at least 1600 hats next year.
To determine what the price needs to be in order to sell at least 1600 hats next year, we can use the concept of elasticity of demand. Elasticity of demand is a measure of how much the quantity demanded changes in response to a change in price. If demand is elastic, then a small change in price will result in a large change in quantity demanded. If demand is inelastic, then a change in price will result in a small change in quantity demanded.
To calculate elasticity of demand, we can use the formula:
Elasticity of demand = % change in quantity demanded / % change in price
Let's use the data provided to calculate the elasticity of demand for the hat shop:
% change in quantity demanded = (2000 - 1500) / 1500 = 0.333 or 33.3%
% change in price = (12 - 10) / 12 = 0.167 or 16.7%
Elasticity of demand = 33.3% / 16.7% = 2
This means that demand for hats at the shop is elastic, and a decrease in price will result in a larger increase in quantity demanded.
Now we can use the following formula to determine the new price needed to sell at least 1600 hats:
New price = Old price x (New quantity demanded / Old quantity demanded) ^ (-1 / Elasticity of demand)
Plugging in the values we have:
New price = 10 x (1600 / 2000) ^ (-1 / 2) = 9.05 dollars
Therefore, the hat shop owner would need to sell hats at 9.05 dollars in order to sell at least 1600 hats next year, assuming demand remains elastic.
QUESTION 2 On October 1, 2021, Wailuku Services established a $525 petty cash fund. Wailuku Services uses the perpetual inventory method. At the end of October, the petty cash fund contained: $ 97.90 - Cash on hand - Petty cash receipts for Freight-in on product to be resold office supplies miscellaneous items $143.25 141.75 148.88 a) Prepare the journal entry to establish the petty cash fund on October 1, 2021. b) Prepare the journal entry on October 31, 2021, to replenish the petty cash fund. c) Assume on October 31, 2021, after replenishing the petty cash fund, Wailuku Services desires to increase the petty cash fund to $600. Prepare the necessary separate journal entry.
The journal entry to establish the petty cash fund on October 1, 2021, will be debit Petty cash fund and credit cash. The journal entry on October 31, 2021, to replenish the petty cash fund will be debit Freight, office supplies & miscellaneous expense, and credit petty cash fund.
a) The journal entry to establish the petty cash fund on October 1, 2021, is:
Debit: Petty Cash Fund $525.00
Credit: Cash $525.00
b) The journal entry on October 31, 2021, to replenish the petty cash fund is:
Debit: Freight-In Expense $143.25
Debit: Office Supplies Expense $141.75
Debit: Miscellaneous Items Expense $148.88
Credit: Petty Cash Fund $433.88
Note that the total of the debit entries should equal the number of cash receipts in the petty cash fund.
c) The necessary separate journal entry to increase the petty cash fund to $600 is:
Debit: Petty Cash Fund $75.10
Credit: Cash $75.10
Note that the amount of the increase ($75.10) is equal to the difference between the desired amount of the petty cash fund ($600) and the actual amount of cash on hand in the petty cash fund ($97.90).
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The limited partners' risk of losing their personal assets in an LLP is:
In a Limited Liability Partnership (LLP), the partners' risk of losing their personal assets is limited. This means that if the LLP incurs any debts or legal liabilities, the partners' personal assets are not at risk.
The limited partners are only liable to the extent of their capital contribution to the LLP. The limited liability protection afforded to the partners in an LLP is one of the primary advantages of this business structure. The partners can conduct business without the fear of losing their personal assets in case of business failure or any legal disputes. The LLP structure also provides flexibility in terms of management and taxation, making it an attractive option for small and medium-sized businesses. However, it is essential to note that the limited liability protection may not extend to cases of fraud, intentional wrongdoing, or personal guarantees provided by the partners. In such cases, the partners' personal assets may be at risk. Overall, the limited partners' risk of losing their personal assets in an LLP is significantly lower than in other business structures, making it a popular choice for many entrepreneurs and businesses.
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eBay, eCrater, Bonanzle, eBid, and CQou all utilize which of the following models to allow shoppers to bid on everything from bobbleheads to health-and-fitness equipment to a Sammy Sosa home-run ball?A. Internet price discrimination strategyB. Online auctionsC. Freemium strategyD. Price liningE. Dynamic pricing
eBay, eCrater, Bonanzle, eBid, and CQout utilize to allow shoppers to bid on various items like bobbleheads, health-and-fitness equipment, and a Sammy Sosa home-run ball: Online auctions. The correct answer is B.
Online auctions are a popular e-commerce model that enables buyers to bid on products or services, and the highest bidder wins the item. This model is used by platforms such as eBay, eCrater, Bonanzle, eBid, and CQout, allowing shoppers to participate in competitive bidding to purchase a wide range of items.
The online auction process involves the seller listing an item for sale, buyers placing bids on the item, and the auction closing at a specified time. The highest bidder at the end of the auction secures the item and completes the transaction.
This model creates a dynamic marketplace and provides an opportunity for buyers to find unique items and potentially purchase them at lower prices than in traditional retail settings.
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Complete question:
eBay, eCrater, Bonanzle, eBid, and CQou all utilize which of the following models to allow shoppers to bid on everything from bobbleheads to health-and-fitness equipment to a Sammy Sosa home-run ball?
A. Internet price discrimination strategy
B. Online auctions
C. Freemium strategy
D. Price lining
E. Dynamic pricing
The Robinsons have saved $250,000 toward the purchase of their first home. They need $12,000 for legal costs and moving expenses. After thorough investigation, they made a $890,000 offer on a two-bedroom condominium subject to arranging financing. The current interest rate on a five-year term fixed-rate mortgage with a 25-year amortization is 3.2% compounded semiannually. 1.Calculate their monthly payments rounded to the higher $10. 2.Show the first three lines of the amortization schedule. 3.The mortgage contract entitles the borrower to increase the amount of the regular payment by up to 10% once each year. How much will the amortization period be shortened if, after 2 years they will increase the payments by 10%? 4.Calculate the interest saved due to this increase in the payment. 5. One year after their increase in the payment, interest rates drop to 2.15% compounded semi-annually. There is a penalty of 3 months’ interest on the outstanding balance for early repayment. Does it pay to refinance? 8. If the penalty is based on the interest rate differential (difference between the contractual interest rate on the loan and the current interest rate) , calculated as : Penalty = (outstanding loan balance) × IRD × (term remaining in payment periods) Does it pay to refinance
The Robinsons have saved $250,000 toward the purchase of their first home commercial mortgage We factor in finances for a sizable global media organisation in the far off year of 2019. Our business acquired 876 Cutting-Edge with a $500 million.
1. Amortising fixed-charge commercial mortgage the loan's face fee is $478,853,476.13 (869); the loan's unique mortgage amount is $500,000,000.00; the coupon fee is 5%;
2. the loan's original duration is 25 years; the monthly payment is $2,922,950.21 (1873); and the years until the balloon payment are 10; and 874.
3. The balloon payment amount is $369,622,377.91 and the balloon price is $3,876 in modern times. The mortgage's current face value is $478,853,476.
4. A business loan is a loan that is secured by property used for commercial purposes, such as an office building, a distribution centre, a warehouse, or a complex of condos.
5. Typically, a commercial mortgage's proceeds are used to buy, finance, A business loan is a loan that is secured by property used for commercial purposes, such as an office building, a distribution centre, a warehouse, or a complex of condos.
6. The money received from a commercial mortgage is typically utilised to buy, refinance, or renovate the commercial property. Find out more information about business loans here.
7. Paid-off Loan comprises both the principal and the interest payment. Loan payment per month is equal to r (P)/1- (1 + r-n r=rate per period, which is 5.25% per year or 5.25%/12 per month. 60 months will make up n payments.
8. P=$500,000 Loan Amount P=5.25%/12 ($500,000) /1 - (1+5.25%/12)-60 P=$9,493 Monthly Payment
9. The total payment is $569,580 ($9493 times 60).
Interest Payment = $569,580 Principal Payment = $500,000 - $569,580 = $69,580.
10. it pay to refinance If the penalty is based on the interest rate difference between the contractual interest rate on the loan and the current interest rate.
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