a fund complex currently operates a web site to provide details regarding the investment philosophy behind each of its funds and to provide general commentary on the state of the world's stock and bond markets. under finra rules, this web site is considered:

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Answer 1

A fund complex currently operates a Web site to provide details regarding the investment philosophy behind each of its funds and to provide general commentary on the state of the world's stock and bond markets. Under FINRA rules, this Web site is considered retail communication.

There are many different types of investment philosophy, each with its own risks and rewards. Some common investments include stocks, bonds, and real estate. When deciding what to invest funds in, it's important to consider your goals and risk tolerance.

Some investments are more likely to generate a higher returns, but they also come with more risk. It's important to find a balance that meets your needs.

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the sec has strengthened auditor independence by requiring that management group of answer choices engage auditors to report in accordance with the foreign corrupt practices act. report the nature of disagreements with former auditors. select auditors by a majority vote by the officers. avoid any social contact with the auditors.

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The Securities and Exchange Commission (SEC) has strengthened auditor independence by requiring that management Report the nature of disagreements with former auditors.

What Is the Securities and Exchange Commission (SEC)?

An independent federal government regulatory body, the U.S. Securities and Exchange Commission (SEC), is in charge of safeguarding investors, ensuring the fair and orderly operation of the securities markets, and promoting capital formation. It served as the nation's first federal securities market regulator after being established by Congress in 1934. The SEC encourages complete public disclosure, defends investors from dishonest and market-manipulating techniques, and keeps an eye on corporate takeover activities in the country. The SEC collaborates with the Justice Department on criminal matters and has the authority to pursue civil lawsuits against violators of the law.

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leonore's luxury leather footwear corp. conducts a swot analysis and determines that at least 57 percent of consumers demand high-end footwear, and, as a result, its sales should increase by 18 percent in the next year. this vision of what could happen is known as a

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This vision of what could happen is known as a Forecast. One example of a prognosis for future occurrences Rise in sales of Leonore's Luxury Leather footwear.

A forecast is an estimate of a future event or trend that might take place. Analysis and foresight SWOT are the business venture's marketing partners. SWOT acknowledges the practices used to create a specific business model in accordance with the company's potential means and talents, including the environments in which the organization operates.

It observes internal and external factors that affect the firm's success, both positive and negative. The analysis helps the company forecast or prognosticate various trends that aid in any business's decision-making process. Accurate forecasting lowers risk and improves decision-making effectiveness demonstrably.

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which of the following are reasons why a firm may choose to use non-financial criteria, rather than financial, to accept a strategic project? multiple select question. capture greater market share. to enhance government intervention and regulation. to develop a product that will increase sales in other more profitable areas.

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To make certain the decision model contains only tangible criteria.

What are non monetary standards for project selection?

Non-Financial Considerations: An company must reflect onconsideration on many non-financial factors when deciding on a project. These can encompass environmental impact, social and purchaser impact, and adherence to business enterprise goals and values

Why are non-financial elements important?

By monitoring non-financial factors early, executives and managers make better decisions concerning wished adjustments. They can figure out to proceed for example, whether a purchaser service seminar is necessary. If the trouble is drastic enough, they can even determine who have to be let go.

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close company purchased merchandise inventory with an invoice price of $9,000 and credit terms of 2/10, n/30. what is the net cost of the goods if close company pays within the discount period?

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$ 8,820 is the net cost of the goods if close company pays within the discount period with an invoice price of $9,000.

given data:

invoice price = $9,000

credit terms are 2/10, n/30

Net Cost of Goods = invoice price -( invoice price / discount )

2/10, n/30 is known that if the payment will be made with in 30 days of purchase, it can get a discount of 2 % on purchases.

discount = 2%

by substitution, we get:

= $ 9,000 - $ 9,000 * 2%

= $ 8,820

the net cost of the goods is $ 8,820

The actual cost of a product as paid for by the end user retailer to the manufacturer or distributor is known as the invoice price. The "invoice cost," or the price of a product, differs from the "net purchase cost" in many industries.

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on january 1, parson freight company issues 8.5%, 10-year bonds with a par value of $3,300,000. the bonds pay interest semiannually. the market rate of interest is 9.5% and the bond selling price was $3,075,762. the bond issuance should be recorded as:

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A bond is a type of debt instrument in which the issuer is obligated to pay the bondholder the face value at maturity and specified periodic interest or coupon payments.

A discount bond is one in which the bond's issue price is lower than its face value.

How do bonds work?

Like an IOU, a bond is a debt security. In order to obtain funds from investors who are willing to lend them money for a predetermined period of time, borrowers issue bonds. You are lending money to the issuer, which could be a corporation, municipality, or government, when you buy a bond.

What is a relationship's bond?

A strong sense of friendship, love, or shared beliefs and experiences is what binds people together. We developed a very special bond as a result of the experience.+ between] the link that bound them together. Synonyms: More Bond Synonyms include link, union, coupling, and tie.

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what is the price of a u.s. treasury bill with 68 days to maturity quoted at a discount yield of 2.10 percent? assume a $1 million face value.

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The price of US treasury bill is $995,737.5.

The Price is the number of money. The bond equivalent yield equation is determined by dividing the difference between the face value of the bond and the purchase price of the bond, by the price of the bond.

From the scenario we know that

Face value = $1,000,000

Discount yield = 2.10 or 0.021

Time = 68 days

To calculate about the BEY we should find the price of the bond use this formula:

Discount yield = [ (FV - P)/P ] x (360/d)

0.021 =[ (1,000,000 -P)/P ] x 360/68

0.021P = (1,000,000 -P ) 5.2941

0.021P + 5.294P = 5,294,100

5.3151P  = 5,294,117.65

P = $995,737.5

The price is  $996,052.313

Thus, plug in the numbers in the bond equivalent yield (BEY) formula;

BEY = (Face Value - Purchase Price)/Purchase Price x 365/day

BEY = [ (1,000,000 -   996,052.313)/$ 996,052.313] x 365/68

BEY = (188,143.215 / $ 996,052.313) x 5.2941

BEY = 0.1889 x 5.2941

BEY = 0,97

If we convert the amount of BEY to percent it will be 97%.

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on january 1, year 1, zero company obtained a $52,000, 4-year, 6.5% installment note from regional bank. the note requires annual payments consisting of principal and interest of $15,179, beginning on december 31 of the current year. the december 31, year 1 carrying amount in the allocation of periodic payments table for this installment note will be equal to: a.$36,821 b.$39,000 c.$40,201 d.$27,635

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The December 31, year 1 carrying amount in the allocation of periodic payments table for this installment note will be equal to $27,635

An installment note is a legal obligation or liability requiring the borrower to repay the lender's principal in periodic payments. On the other hand, a lump sum note or balloon loan requires the borrower to repay the entire note principal on a specific date. There is no payment schedule.

An installment note typically has a payment schedule in which the borrower repays the lender in equal monthly, quarterly, semi-annually, or annual payments until the loan is fully repaid with interest. It functions similarly to a personal mortgage. There is a note term and a set payment amount that is paid in equal installments over the term.

These notes are common among franchises and businesses that need trade debts to float their inventory over multiple accounting periods.

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The T in T-Account stands for
A. Transaction
B. Transfer
C. None of the Above
D. T-Chart

Answers

Answer:

Transfer

Explanation:

because it is transfer-account

the marginal revenue of a monopolistically competitive firm group of answer choices can be negative if the firm charges a low price and sells a large quantity of the good. can be negative if the firm charges a high price and sells a small quantity of the good. cannot be negative because the price the firm charges will always be greater than zero. will equal average revenue.

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The marginal revenue of a monopolistically competitive firm option(a) can be negative if the firm charges a low price and sells a large quantity of the good.

What is marginal revenue?

Marginal revenue is an increase in income resulting from the sale of an additional unit of product. Even though marginal revenue can remain constant over a certain output level, it will eventually decrease as output increases due to the law of diminishing returns.

Firms that are ambitious should produce output until marginal revenue approaches marginal cost.

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a bond that pays interest only when a firm has sufficient earnings to cover the interest payments is called a(n) .

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A bond that pays interest only when a firm has sufficient earnings to cover the interest payments is called an Income bond.

An income bond is a type of financial security in which the investor is only guaranteed to receive the bond's face value; any coupon payments are only delivered if the company issuing the bond has enough revenue to meet the coupon payment. In the case of corporate bankruptcy, an adjustment bond is a specific type of income bond.

The income bond is a type of financial instrument that is very uncommon and often serves a purpose for the company similar to that of preferred shares. Unlike preferred shares, which have missed dividend payments added to later periods until they are paid off, common shares do not have this limitation.

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a particular model of computer costs $1,000, and the annual holding cost is 25% of the value of the item. annual demand is 10,000 units, and the order cost is $150 per order. what is the approximate economic order quantity?

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Particular model of computer costs $1,000, and the annual holding cost is 25% of the value of the item. annual demand is 10,000 units, and the order cost is $150 per order, the approximate economic order quantity is 110.

A stands for annual demand, which is 10,000 units per year; C for pot unit cost, which is $1,000; S for ordering cost, which is $150; and I for annual carrying cost, which is 25% of pot unit cost. (H) = I * C

Demand simply refers to a consumer's willingness to pay the price for products and services without hesitation. The quantity of goods that consumers are prepared and willing to purchase at various prices within a specific time frame is known as demand. The concept of yquantity, also known as amount, can be expressed as a multitude or magnitude, which shows both discontinuity and continuity. Any algebraic combination of other quantities and a number, variable, or both constitutes a quantity.

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a plant asset is (depreciated/discarded/obsolete) when it is no longer useful to the company, and it has no market value.

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A plant asset is discarded when it's far not beneficial to the employer and has no market cost. (Capital/sales)

In economic accounting, an asset is any resource owned or controlled by a commercial enterprise or an economic entity. it's miles whatever that can be used to supply tremendous economic fees. property represents a fee of possession that may be transformed into cash.

An asset is a useful resource with economic value that a man or woman, employer, or country owns or controls with the expectation that it's going to offer a future advantage. assets are pronounced on a company's stability sheet. they are classified as current, constant, financial, and intangible. Examples of property encompass all contemporary, capital, and intangible assets owned by means of a company and used for accounting purposes. for instance, cash, debts receivable, building, plant and gadget, goodwill, and patents.

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in analyzing unsystematic risk, all of the following would be unsystematic risk except: group of answer choices asset-specific risk. market risk. diversifiable risk. unique risk.

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In analyzing unsystematic risk, all of the following would be unsystematic risks except market risk.

A market is a place in which customers and dealers can meet to facilitate the change or transaction of goods and services. Markets can be physical like a retail outlet, or virtual like an e-retailer. different examples include unlawful markets, auction markets, and financial markets.

The marketplace definition provides a framework for opposition analysis. for instance, marketplace shares can be calculated most effectively after the market has been described, and, whilst thinking about the capacity for a brand new entry, it's far essential to identify the marketplace that is probably entered.

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question 4 (10 pts): the first design alternative (a) requires a $300,000 investment and will produce net annual revenue of $55,000 over the 10-year planning horizon. the second alternative (b) requires a $450,000 investment and will produce net annual revenue of $80,000 annually. both alternatives are expected to have negligible salvage values at the end of the 10-year planning horizon. based on a 10 percent marr and an irr comparison, which design (if any) should be chosen?

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Since the incremental IRR for project B is greater than the MARR of 10% Project B should be chosen basis the incremental IRR method.

1) For IRRa, -300000+55000/(1+r)+55000/(1+r)^2+....55000/(1+r)^10=0

Or -300000+55000/(1+r)*((1-(1/(1+r)^10)/(1-(1/1+r)) gives r=12.9%=IRRa

For IRRb, -450000+80000/(1+r)*((1-(1/(1+r)^10)/(1-(1/1+r)) solving gives,r=12.1%=IRRb

Basis IRR, IRRa>IRRb hence Project A is a better basis IRR method

2. For the increment IRR method let's see the cash flows of project B vs Project A

Initial investment=450000-300000=150000

And annual revenues =80000-55000=25000

Now calculating Incremental IRR,

-150000+25000/(1+r)+....25000/(1+r)^10=0 gives -150000+25000/(1+r)*((1-(1/(1+r)^10)/(1-(1/(1+r))) solving for r gives r=0.105 or 10.5%

Incremental describes normal, measurable actions which can be usually small. on occasion, a basketball group may additionally make a big development, like a set that is 32-50 three hundred and sixty-five days after which 50-32 the following. more frequently, progress is small and tiny incremental.

Incremental innovation does not create new standards or products, because it specializes in marginal upgrades to what already exists. as an example, Gillette constantly improves its razors, including new capabilities, like more blades, heated razors, and a pivoting head.

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how does depreciation affect the tax basis of an asset? multiple choice question. the tax basis is reduced by the depreciation expense deducted on the tax return each year. the original basis is increased by the depreciation allowed or allowable on the asset each year. the original basis is increased by the depreciation expense deducted on the tax return each year. the tax basis is reduced by the depreciation allowed or allowable on the asset each year.

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Each year that an asset's tax basis is affected by depreciation, the tax basis is reduced by the amount of allowable or allowed depreciation on the asset.

An asset is a resource with economic value that a person, organization, tax or nation owns or manages with the hope that it will someday be useful. Each year that an asset's tax basis is affected by depreciation, the tax basis is reduced by the amount of allowable or allowed depreciation on the asset.

A company's balance sheet lists its assets. They are divided into current, fixed, financial, and intangible categories. They are acquired or produced tax to raise a company's value or enhance its operations.

Whether it's a piece of manufacturing equipment or a patent, an asset can be thought of as something that will, in the future, increase sales, lower costs, or generate cash flow.

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kitchen sinking is a. an authoritative use of power. b. dredging up past, unrelated problems. c. holding a grudge against your relational partner. d. an effective conflict-management strategy.

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Kitchen sinking is an Option (b)dredging up past, unrelated problems.

An effective way to complain is to "throw everything in except the kitchen sink," which means that whenever there is an argument, one of the partners decides to spell out all of your faults and complaints.

Sometimes a partner would act in this way when they find it difficult to convey their sentiments and emotions. Poor communication skills are another factor in this. The ability to constructively complain may not always be present in a relationship. Additionally, they occasionally avoid tackling the problem head-on. This causes resentment as a result.

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what is the process of determining which persons in the applicant pool possess the qualifications necessary to be successful on the job.

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The selection process is the process of determining which persons in the applicant pool possess the qualifications necessary to be successful on the job.

The selection process refers to the stairs worried in selecting a person who has the right qualifications to fill a modern-day or future job starting.

Recruitment is the general method of identifying, sourcing, screening, shortlisting, and interviewing candidates for jobs inside an business enterprise. Recruitment is also the tactics worried in choosing people for unpaid roles.

Selection is deciding on the maximum suitable candidates from folks that apply for the task. it is a procedure of supplying jobs to favored applicants. as soon as the potential applicants are diagnosed, the subsequent step is to assess their qualifications, traits, enjoy, abilities, and so forth. & make the choice.

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a car costs 25750 and depriciates in value by 20% per yearf. how much will the car be worth after 5 years

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The worth of the car after 5 years will be $8437.76.

What is worth?He said he wasn't sure if what he wanted to say would be helpful or appreciated after this. I don't think your father meant to offend you.Good, Valuable, or Important: refers to the worth of somethingWinner A well-written cover letter and resume are worth the effort. It takes a long time to secure a table at the restaurant, but the food is worth the wait. The movie was good, but I didn't think it was worth the fuss/hype.Values ​​are only used after verbs like 'be', 'look'. It means 'having a certain value', especially when it comes to money: 'worth' The worth whatever price it took to get it means "It's worth" has a more abstract meaning, similar to "it's good" or "noble" or "wonderful".

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18 a firm requires an investment of $30,000 and borrows $15000 at 5%. if the return on equity is 20% and the tax rate is 30%, what is the firm's wacc?

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A firm requires an investment of $30,000 and borrows $15000 at 5%. if the return on equity is 20% and the tax rate is 30%, the firm's wacc is 9.20.

What is a firm?A firm is a for-profit business organization that provides professional services, such as a corporation, limited investment company , or partnership. Examples of companies include sole proprietors, partnerships, limited investment companies or corporations. The term is  more commonly associated with partnerships. The term first appeared in English in his 1744 and means "shophouse", according to the Online Etymology Dictionary. It is believed to  come from the German company a, which means "enterprise, company name". It comes from the Italian word company a, which means "signature", and company means "to sign". There are four main types of business firms: Sole Proprietors, Partnerships, Corporations, and Limited Liability Companies or LLCs

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Which type of on-floor sales measurement includes sales per hour and gross margin?
A.
sales activity
B.
accounting-based
C.
customer relationship quality
D.
stakeholder satisfaction

Answers

The on-floor sales measurement that includes sales per hour and gross margin is the accounting-based sales measurement. Hence, Option B is correct.

What does sales measurement mean?

Data points known as sales metrics are used to track and assess a person's, group's, or organization's sales performance over time. In the broadest sense, sales metrics assist a company in assessing the accomplishment of its sales efforts and pinpointing potential improvement areas.

Sales metrics are employed in a variety of ways, including goal-setting, problem-solving, designing incentive programmes, commission and bonus calculations, and more.The accounting-based sales measurement is the on-floor sales metric that accounts for gross margin and sales per hour.

Therefore, Option B is correct.

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a default happens when: multiple choice a borrower fails to pay back a loan according to the agreed-upon terms. a lender fails to allot money according to the terms set by the government. a bank fails to have enough cash on hand to give all depositors their money. all of these are considered defaults.

Answers

A default happens when a borrower fails to pay back the loan as given in the first option.

What exactly do you mean by a bank?

A bank is a company that offers additional financial services in addition to dealing with money and its alternatives. A bank serves as a financial middleman by accepting deposits and making loans.

What exactly is a bank? What does one do?

Although banks perform a number of different tasks, their primary duty is to gather deposits from people who have money, pool them, and then lend the money to people who need it. Banks serve as a go-between for depositors (who give the bank money) and borrowers.

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kyoto joe, incorporated, sells earnings forecasts for japanese securities. its credit terms are 1/10, net 30. based on experience, 55 percent of all customers will take the discount. a. what is the average collection period for the company? (use 365 days a year. do not round intermediate calculations and round your answer to 2 deceimal places, e.g., 32.16.) b. if the company sells 1,500 forecasts every month at a price of $1,280 each, what is its average balance sheet amount in accounts receivable? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

Average collection period = 0.55 (10 days) + 0.35(30 days)

Average collection period = 16 days

And the average daily balance is:

Average balance = 1,500 ($1,280)(12)(16/365)

Average balance = $1,009,972.60

What is Average collection period?

The average collection period is the amount of time it takes for a company to obtain accounts receivable payments due from its clients (AR). To make sure they have enough cash on hand to cover their financial responsibilities, businesses employ the average collection period. For businesses that largely rely on receivables for their cash flows, the average collection period is an important metric since it shows how well a company manages its accounts receivable. To make sure they have enough cash on hand to cover their financial obligations, businesses determine the average collection period.

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at the beginning of the year, bryers incorporated reports inventory of $6,700. during the year, the company purchases additional inventory for $21,700. at the end of the year, the cost of inventory remaining is $8,700. calculate cost of goods sold for the year.

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At the beginning of the year, bryers incorporated reports inventory of $6,700. during the year, the company purchases additional inventory for $21,700. at the end of the year, the cost of inventory remaining is $8,700. calculate cost of goods sold for the year is $19,700

It is calculated as :

Cost of goods sold = Opening inventory + purchases - closing inventory

                                = $6700+ $21,700 - $8,700

                                =$19,700

Opening inventory is the inventory in the beginning of the year.

Closing inventory is known as inventory which remains unsold.

Cost of goods sold is the directly attributable cost of the creation of the product.

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when the interest rate parity equation does not hold and it is possible to earn profits without exchange-rate risk, there is said to be a(n) interest arbitrage opportunity.

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The interest rate parity equation does not hold, and it is possible to earn profits without exchange-rate risk, there is said to be a(n) interest arbitrage opportunity covered.

If the hobby fee parity courting does now no longer maintain true, then you may make a secure profit.  The scenario wherein IRP does now no longer maintain might permit for the usage of an arbitrage strategy.First, there can be variations in default danger and liquidity. Second, there are transactions fees which might also additionally save you returns from being precisely equal. Third, it does now no longer recollect exchange-fee danger.

The motives why hobby fee parity does not usually maintain are just like a number of the motives why shopping electricity parity does not usually maintain: economic belongings aren't equal in distinctive countries (a few investments are riskier than others and a danger top rate ought to be paid), there are authorities controls on.

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spot co. purchases office supplies from sally supplies, inc.. spot does not pay cash for the purchase, and now owes the amount to sally. this transaction would typically be recorded in which account in spot's books?

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If spot co. purchases office supplies from sally supplies, inc.. spot does not pay cash for the purchase, and now owes the amount to sally. this transaction would typically be recorded in account payable account in spot's books.

What is account payable?

Account payable can be defined as the money a company is yet  to pay to their suppliers for the goods that was supplied to them.

Spot co is still owning sally supplies inc based on the fact that after receiving the goods the are yet to pay sally supplies inc which is why the transaction will be recorded as account payable in spot books and sally supplies inc will record it the transaction in their account as account receivables because they are yet to received the money for the goods they supplied to spot.co.

Which is why account payable is often treated as current  liability under the balance sheet  while account receivable is treated as current assets.

Therefore it will be record as account payable.

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A business that is legally regarded as a separate entity from it's owners is called a
O non-profit
O partnership
O corporation
O sole proprietorship

Answers

A business that is legally regarded as a separate entity from its owners is called a corporation. Hence the correct choice of answer for this question is an option (c).

Give a brief account of the corporation.

A corporation's stockholders are not considered to be part of it legally. Corporations and individuals have many of the same legal rights and responsibilities. They have the authority to enter into agreements, give and receive loans, sue and be sued, appoint staff, own property, and pay taxes.

The majority of big companies are corporations, such as Microsoft Corp. and Coca-Cola Co. Some corporations operate both under their own identities and under different company names.

While a corporation's exact legal definition varies from jurisdiction to jurisdiction, its most crucial feature is always a limited liability. This indicates that, despite the possibility of dividends and stock appreciation, shareholders are not individually liable for the obligations of the company.

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what term refers to extra markup to the schedule of values (sov) items completed early in the project?

Answers

Front-loading refers to extra markup to the schedule of values (sov) items completed early in the project.

Contractors will front load in an effort to counteract any negative effects on cash flow. This might be as a result of aggressive retention policies, making up for upfront material and mobilization costs, or lowering the risk of a slow-paying client.

The construction sector relies heavily on borrowing. In other words, services are typically paid for long after they have been truly done. By charging a little bit more up front, you can make enough money to last through the (often long) period between payments.

Front-loading a job by a contractor or subcontractor isn't inherently unethical or even bad taste if done within limits. However, purposely overbilling clients or charging for services not yet rendered is a surefire way to end relationships and potentially get you in legal trouble.

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A performance report shows that the planning revenue was $240,000, the flexible budget revenue was $225,000, and actual revenue was $230,000. The activity variance is $_______.

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A performance report shows that the planning revenue was $240,000, the flexible budget revenue was $225,000, and actual revenue was $230,000. The activity variance is $Unfavourable.

Activity variance is another name for the discrepancy between a project’s actual and planned progress.Numerous factors can affect the frequency of activity variance. Accurate estimations and predictions, insufficient resource planning and management, and the human element are other causes of activity variation. The activity variation with the specified planning income and fixed budget revenue is unfavourable by $15,000 dollars.An activity variance is the difference between what wasThe budgeted flexible revenue reflects what could have been reached but wasn’t, and the additional actual revenue received represents the revenue variance. expected and what really occurred during a project.

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the opportunity cost of holding money part 2 a. is the forgone interest from holding bonds. b. decreases with inflation. c. increases as the holding return on bonds fall. d. decreases as one accumulates more of it.

Answers

The opportunity cost of holding money is the interest forgone on an alternative asset.

What is an asset?

According to financial accounting, an asset is any resource that a company or other economic organization owns or controls. It is anything that has the potential to provide positive economic value. The ownership value represented by assets can be converted into cash.

An item with economic value to the business, either now or in the future, is referred to as an asset. In essence, a business's assets are anything it owns or controls that is valuable today or has the potential to be profitable in the future. Examples include investments, machines, and patents.

The regular distribution of an asset's depreciable amount over the course of its useful life is known as depreciation. The depreciable amount of an asset is equal to the asset's cost or another number substituted for cost, less its residual value.

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an analyst comes across dates listed as strings in a dataset, for example december 10th, 2020. to convert the strings to a date/time data type, which function should the analyst use?

Answers

In order to convert the strings to a date/time data type, the analyst will use mdy() function. Hence, the correct choice of answer for this question is option (b)

Give a brief account on data type.

In programming, a data type is a categorization that describes the kind of value a variable possesses and the kinds of mathematical, relational, or logical operations that can be performed on it without producing an error. An integer is a data type that is used to categorize whole numbers, while a string is a data type that is used to classify text.

A grouping or collection of data items is known as a data type. One may define such a grouping for a variety of purposes, including similarity, practicality, or attention-getting. Understanding complicated terminology is frequently aided by good organization. The concept of a data type is explicitly included in almost all programming languages.

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The complete question is given below :

An analyst comes across dates listed as strings in a dataset, for example December 10th, 2020. To convert the strings to a date/time data type, which function should the analyst use?

A now()

B mdy()

C datetime()

D lubridate()

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