The following approach is likely to be least effective in threatening to fire employees who do not complete enough work each day.
The Expectation Theory of Motivation developed by Victor Bloom of the Yale School of Business explains the relationship between effort performance and outcome. McClelland's human theory of motivation states that all humans have one of three primary motivations achievement belonging and power.
These motives are not innate. We develop them through culture and life experience. Process theory explains how workers choose actions to meet their needs and guide their decisions. Expectation theory is based on the relationship between a person's effort achievement and the desirability of outcomes associated with high achievement.
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RESIDUAL INCOME VALUATION. The Coca-Cola Company is a global soft drink beverage company (ticker symbol = KO) that is a primary and direct competitor with PepsiCo. The data in Exhibits 11.13, 12.14, and 12.15 in Chapter 11 include the actual amounts for Year 4 and projected amounts for Year + 1 to Year + 6 for the income statements, balance sheets, and statements of cash flows for Coca-Cola (in millions).The market equity beta for Coca-Cola at the end of Year 4 is .76. Assume that the risk-free interest rate is 4.0 percent and the market risk premium is 5.0 percent. Coca-Cola has 2,409 million shares outstanding at the end of Year 4. At the end of Year 4, Coca-Cola’s share price was $41.64. Required : Derive the projected residual income for Coca-Cola for Years + 1 through +6 based on the projected financial statements. The financial statement forecasts for Year +6 assume that Coca-Cola will experience a steady-state long-run growth rate of 3 percent in Year +6 and beyond.
Net income less a deduction for the cost of equity capital yields residual income.
How do you value residual income?RI = Net Income – Equity ChargeTo put it simply, residual income is net profit that has been adjusted for the cost of equity. The cost of equity and the company's equity capital are multiplied to determine the equity charge.Net income less a charge for the cost of capital equals residual income. The cost of equity, sometimes referred to as the needed rate of return on equity, is multiplied by the value of equity capital to arrive at the so-called equity charge.The projected worth of a fixed asset at the conclusion of its useful life or lease term is known as the residual value, sometimes known as salvage value.
Find the attachment answer
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which of the following events would lead to a shift of the supply curve from old supply to new supply? technological advance in production techniques a decrease in the size of the market increased taxation of raw materials used by producers a natural disaster that causes a shutdown of production
Technological advance in production techniques will lead to a shift of the supply curve from old supply to new supply.
A supply curve represents the re-lationship between the cost of a product or service and the quantity delivered during a particular time period. A typical illustration would show prices on the left vertical axis and the quantity offered on the horizontal axis.
On most supply curves, as the price of a good increases, the quantity supplied of that good also increases. The supply curve can often predict whether the price of a product will rise or fall in response to demand and vice versa.
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a company purchased a computer system on january 2, 2021 for $1,600,000. the company used the straight-line depreciation method with an estimated useful life of 6 years and a residual value of $130,000. the company prepares financial statements at december 31. assume the company decides to sell the computer system on july 1, 2023 for $1,000,000. which of the following statements about the journal entry (or entries) required on july 1 is not correct? multiple choice accumulated depreciation is debited for $612,500 in the entry to record the sale. the loss on the sale is $12,500. the equipment asset account must be credited for $1,600,000 to record the sale. the depreciation expense must be recorded for 6 months, january 1 to july 1.
The statement about the journal entry required on July 1 which is not correct is; The loss on the sale is $12,500.
The value of the equipment on the date it was sold is = Cost price - Accumulated depreciation
Accumulated depreciation = Depreciation × Number of years of service
Accumulated depreciation = [$1,600,000 - $130,000] ÷ 6 years = $245,000
The number of years of service is 2.5 years as the asset was sold on July 1, 2023.
Accumulated depreciation = $245,000 × 2.5 = $612,500
Value at date of sale:
= $1,600,000 - $612,500
= $987,500
Gain (loss) on sale = Selling price - Value at the date of sale
= $1,000,000 - $987,500
= $12,500
Therefore $12,500 is a gain and not a loss. Hence the statement; the loss on the sale is $12,500 is not correct.
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You attend a university in a city that has four colleges. You buy your lunches at your university cafeteria. You think the prices at the cafeteria are high. You recently saw in the news that the food vendors at your university and the other three colleges in the area are being prosecuted by the Department of Justice for the antitrust violation of market division. You wonder what they allegedly did wrong.
What is market division and is it a per se violation of the Sherman Act?
A. Market division means dividing up or allocating territories or customers among competitors. The outcome is that each competitor is freed from competition in its assigned area. It is a per se violation.
B. Market division means dividing up or allocating territories or customers among competitors. It is not a per se violation but is subject to the rule of reason.
C. Market division refers to an agreement by two or more sellers to refuse to deal with a particular person or company. It is a per se violation.
D. Market division refers to agreements among competitors to set a minimum price at which goods will be sold. It is a per se violation.
These include straightforward agreements between rival businesses or people to split markets, fix pricing, or rig bids. Because these actions violate the Sherman Act "per se," no defense or excuse are permitted.
Is market division a per se violation?The Sherman Act carries potentially harsh consequences. A market distribution among rivals is regarded by federal antitrust law as an antitrust law violation per se.Only when potentially anticompetitive actions outweigh their pro-competitive benefits are they considered prohibited.Price fixing, bid rigging, horizontal customer allocation, and territory allocation agreements are all per se violations of the Sherman Act.A per se violation does not call for further investigation into the practice's actual impact on the market or the motivations of those who engaged in it.Price fixing, bid rigging, and market sharing among competitors (often referred to as "horizontal agreements") are the most frequent violations of the Sherman Act and the ones that are most likely to be criminally prosecuted.To learn more about Sherman Act refer
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How do bonds make money?.
The bonds make money by
The first is to hold these bonds until they mature and collect interest payments on them. Another way to profit from bonds is to sell them at a higher price than they were originally paid.What is profit?Profit describes the financial gains that are made when the income accumulated by a business exceeds the costs, expenses, and taxes associated with running that business. The word "victory" comes from the Latin noun profectus, meaning progress, and the verb profiteer, meaning "progress".
All profits earned are returned to the owners of the companies, who decide to either pocket the cash, distribute it to shareholders as dividends or invest it back into the company.
The three main types of profit are
gross profit operating profit net profit.Profit is the money a business collects after all expenses are accounted for. Whether it is a lemonade stand or a publicly traded multinational company, the main goal of any business is to make money, so business activity is based on profitability in its various forms.
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The classical economists’ contention that prices double when the money supply doubles is predicated on the belief that in the short run velocity is _____ and real GDP is _____.(a) constant; constant(b) constant; variable(c) variable; variable(d) variable; constant
The classical economists’ contention that prices double when the money supply doubles is predicated on the belief that in the short run velocity is constant and real GDP is constant.
What is real GDP ?Real GDP is a macroeconomic measure of the value of economic output after adjusting for price changes. This adjustment converts nominal GDP, a money-value measure, into an index of total output quantity.Real GDP is calculated using base-year prices. It is also known as constant-price GDP, inflation-adjusted GDP, or constant dollar GDP. Simply put, real GDP measures a country's total economic output after adjusting for price changes.In economics, real GDP is an example of the distinction between real and nominal values. The market value of all final goods produced in a geographical region, usually a country, is defined as nominal gross domestic product. The market value is determined by the quantity and price of goods and services produced.To learn more about GDP refer :
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Contingent liabilities must be recorded if: The future event is reasonably possible but not estimable. The future event is probable but not estimable. The amount owed cannot be reasonably estimated. The future event is remote. The future event is probable and the amount owed can be reasonably estimated.
Contingent liabilities must be recorded if The future event is remote.
What are liabilities ?Liabilities are liabilities owed by a company to third party creditors. Bills payable and bank payables may be part of accounts payable. Businesses borrows on debt to grow faster. A company's balance of liabilities and assets stabilizes the company. Liabilities can be classified into three categories: Short-term, long-term, conditional. In other words, cash is a current asset and the first item on a company's balance sheet. Cash is the most liquid asset and can be used to easily purchase other assets. Liquidity refers to the comfort with which an asset can be changed into cash. Accidents inside or outside your home create personal liability and result in personal injury or property damage for which you are legally liable.To learn more about liabilities from the given link :
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On january 1, canglon, inc. , issues 10%, 5-year bonds with a face value of $150,000 when the effective rate is 12%. Interest is to be paid semiannually. Prepare calculations to prove that the selling price of the bonds is $138,959. 90. Click here to access the tables to use with this exercise. Round your answers to two decimal places, if necessary.
Bonds have a total current value of $138961.
What is a bond?In the world of finance, a bond is a type of security where the issuers (debtor) oweing the holder (creditor) a debt and is required, depending on the terms, to repay the principal (i.e., amount borrowed) of the bond at the maturity period as well as interest (called the coupon) over a certain amount of time.
Semiannually, annually, and less frequently at other times, the interest is typically due at set intervals. Consequently, a bond is a type of borrowing or IOU. Bonds give the borrower access to external capital for financing current expenses or, in the relation to government bonds, long-term investments.
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assume the united states economy is operating at ful employment output nd the government has a balacne budget. a drop i consumer confidecn reduces consumptin spenindg
Consumer confidence declines result in lower consumption spending, which pushes the economy into a recession.
What is the fundamental meaning of economy?An economy is a collection of interconnected production and consumption processes that ultimately decide how resources are distributed within a community. The demands of persons who live there and conduct business there are met by the development or consumption as a whole.
What does a nation's economy entail?An economy is made up of customers who purchase goods and services, businesses that employ consumers and produce commodities, and various levels of government that purchase goods, hire labor, and collect taxes.
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it is essential to recognize the distinction between quality control (qc) limits and qc goals. which is the true statement regarding these terms?
Quality control (QC) limits specifications (goals) are the criteria used to decide that a given method meets the clinical requirements and is the true statement of these terms.
Quality control (QC) limits, advanced by means of NRL1, utilise historic data to determine anticipated higher and lower values of effects for each quality control pattern/assay mixture. those statistically verified QConnect limits flags when your device isn't strolling to specification. the following instance quality control log indicates ordinary and peculiar control effects in addition to affected person outcomes for a seven-day length. The ideal variety for degree 1 (regular manage) is 3.7–4.3 mmol/L. The proper variety for level 2 (atypical management) is 6.7–7.3 mmol/L. fine management (quality control) is a measure of precision, or how nicely the size gadget reproduces the identical result over time and under varying running situations. The four styles of nice control are procedure management, manipulate charts, acceptance sampling, and product first-class manipulation.
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Disclaimer: The question is incomplete. Please read below to find the missing content.
It is essential to recognize the distinction between quality control (QC) limits and QC goals. Which is the true statement regarding these terms?
-QC specifications (goals) are the criteria used to decide that a given method meets the clinical requirements
-QC limits may be derived from the total allowable error, biological variation, or other medical decision criteria.
-QC specifications (goals) are defined by the process itself based on its natural variation.
-QC limits are what you want and QC specification are what you have.
As of January 1, 2018, Farley Co. had a credit balance of $520,000 in its allowance for uncollectible accounts. Based on experience, 2% of Farley's credit sales have been uncollectible. During 2018, Farley wrote off $650,000 of accounts receivable. Credit sales for 2018 were $18,000,000. In its December 31, 2018, balance sheet, what amount should Farley report as allowance for uncollectible accounts? A) $230,000. B) $360,000. C) $590,000. D) $880,000.
Here the correct answer is $230,000.
As of January 1, 2018, Barley Co. had a credit balance of $520,000 in its allowance for uncollectible accounts. Based on experience, 2% of Farley's gross accounts receivable have been uncollectible. During 2018, Farley wrote off $650,000 of accounts receivable. Barley's gross accounts receivable as December 31, 2018 is $18,000,000. In its December 31, 2018, balance sheet, what amount should Farley report as allowance for uncollectible accounts?
Here the correct answer is $360,000.
Please explain why this is. How do I know when to add the credit in allowance for uncollectible accounts & subtract the write off??
In its December 31, 2018, balance sheet, the amount should Farley report as allowance for uncollectible accounts is $230,000
Balance sheet:
Balance sheet states that a business's assets, liabilities, and shareholder's equity at a specific point in time.
Given,
As of January 1, 2018, Farley Co. had a credit balance of $520,000 in its allowance for uncollectible accounts. Based on experience, 2% of Farley's credit sales have been uncollectible. During 2018, Farley wrote off $650,000 of accounts receivable. Credit sales for 2018 were $18,000,000. Here we need to find in its December 31, 2018, balance sheet, the amount should Farley report as allowance for uncollectible accounts.
In order to calculate the the amount should Farley report as allowance for uncollectible accounts,
We should do the following calculations,
=> 18,000,000 * 2% = 360,000 (current year)
=> 360,000 + 520,000 - 650,000 = 230,000
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any paid form of nonpersonal presentation and promotion of ideas, goods, or services by an identified sponsor is called what and includes broadcast, mobile, print, and online forms?
Advertising is a paid method of an identified sponsor's non-personal promotion of ideas, products, and services. A marketing strategy is advertising. It aids in attracting a large customer base to the business that is promoting its goods or services.
How do you refer to paid advertising?
Paid marketing, commonly referred to as digital advertising, is any tactic used by a company to target potential clients based on their preferences, intentions, or prior experiences with the brand.
Because suggestions from trustworthy friends are more credible than traditional advertising, word-of-mouth marketing helps firms establish trust with new customers.
Therefore, Publicity is obtained through marketing initiatives other than advertising.
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the length of the short run a. is different for different types of firms. b. can never exceed 3 years. c. can never exceed 1 year. d. is always less than 6 months.
(d) is always less than 6 months
The question is from the subject Managerial Economics.
Business management or managerial economics is the branch of economics that deals with the application of business methods in management's decision-making process. Economics is the study of the production, distribution and consumption of goods and services
What is Short Run?
A short run in economics refers to a period of production planning during which a firm attempts to keep one or more production inputs and change others to meet market demand.
What is Long Run?
The long run is the period in which all factors of production and cost fluctuate.
What is the difference between Short run and Long run?
A short term is a period in which the amount of at least one input is fixed and the amount of the other inputs can be changed. A long term is a period during which all inputs can change.
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Why is the development of groups beneficial in the workplace? a. ) work groups fulfill all of their members' interpersonal needs, increasing employee satisfaction. B. ) work groups are comprised of large numbers of employees. C. ) work groups bring together diverse perspectives and achieve more than individuals. D. ) work groups are permanent and therefore provide stability to the organization
A correct answer is option (a). Workgroups fulfill all of their member's interpersonal needs, increasing employee satisfaction.
Interpersonal skills area unit the talents we have a tendency to use each day once we communicate and act with others, each separately and in teams. Interpersonal skills involve the power to speak and build relationships with others. typically known as 'people skills, they have the inclination to include.
Interpersonal skills embody verbal and nonverbal communication, the power to handle conflict, teamwork, empathy, listening, and a positive. social skills will embody traditional things like speaking clearly and listening, but additionally skills like leadership and quality.
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one requirement of a fixed order quantity system is that the inventory must be constantly monitored. true false
This assertion is accurate. A fixed order quantity system calls for regular inventory monitoring as one of its requirements.
How does a set order quantity system work?In the Fixed Size Ordering System, the standard inventory quantity's upper and lower bounds are predetermined in advance. As inventory levels drop, orders for EOQ (Economic Order Quantity) are placed at ROP (Reorder Point, or simply OP), which is reached when the inventory level reaches the lower bound of the standard inventory quantity.
How a system of fixed order quantity inventory works?To maintain strict control over inventory, fixed order quantities occur when only a fixed quantity can be ordered at a time. Typically, a minimum quantity is established in the database, and when inventory reaches that quantity, a maximum quantity of the commodities is reordered.
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Do incentives work for customers?.
Customer incentives aid in the promotion of customer loyalty.
How do incentives work for customers?They will also make your brand more memorable, which will aid in brand recall. Furthermore, incentives will encourage customers to adopt the values that are so important to your brand. This increases customer retention by encouraging repeat purchases.
Consumers prefer incentives that are directly related to their purchases and provide them with something useful, such as accessories that may be of interest, offers for future discounts, or the ability to accumulate larger rewards over time.
According to Virtual Incentives research, 75% of customers value brands that provide incentives and loyalty programs. Furthermore, when choosing a company from which to buy, 28% of people ranked customer incentives second only to price.
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find the multiplier associated with government purchases. how does this multiplier compare with that obtained in class (i.e. for a model with lump-sum taxes?)
The multiplier associated with government purchases equals 1 / 1 - c (1 - t).
This multiplier is lower compared to the base line model.
A government is the device or institution of human beings governing an prepared network, normally a country. in the case of its huge associative definition, authorities generally consists of legislature, govt, and judiciary.
A central authority is the system to manipulate a country or community. The Columbia Encyclopedia defines government as "a device of social manipulate underneath which the right to make legal guidelines, and the right to implement them, is vested in a particular group in society".
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What role does the government and business play in investments?.
Both of them receive capital to be used for their growth regarding a certain objective.
The government and business complement each other. They both receive capital from their investments which are later used to promote growth in their particular areas.
The government has the ability to make broad changes to monetary and fiscal policies. These include the fluctuations in interest rates, the impact of the currencies, etc. These factors are considered to have a huge impact on the business. It can cause the interest rates to go high impacting the business and increasing the prices of shares, corporate profits, etc.
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q21. the standard deviation of returns on warchester stock is 20% and on shoesbury stock it is 16%. the coefficient of correlation between the stocks is .75. the standard deviation of any portfolio combining the two stocks will be less than 20%.
The widespread deviation of returns on Worchester inventory is 20% and on Shoes bury inventory it's far 16%. The coefficient of correlation among the shares is . 75. The widespread deviation of any portfolio combining the 2 shares could be much less than 20%.
The required details for Standard deviation in given paragraph
The widespread deviation is a degree of the quantity of variant or dispersion of a fixed of values. A low widespread deviation suggests that the values have a tendency to be near the mean of the set, even as a excessive widespread deviation suggests that the values are unfold out over a much broader range. Standard deviation can be abbreviated SD, and is maximum usually represented in mathematical texts and equations via way of means of the decrease case Greek letter σ (sigma), for the populace widespread deviation, or the Latin letter s, for the pattern widespread deviation. The widespread deviation of a random variable, pattern, statistical populace, facts set, or chance distribution is the rectangular root of its variance. It is algebraically simpler, even though in exercise much less robust, than the common absolute deviation.
A beneficial assets of the same old deviation is that, not like the variance, it's far expressed within side the identical unit because the facts. The widespread deviation of a populace or pattern and the widespread mistakes of a statistic are pretty different, however related.
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leaders have a different point of view from those who strictly manage employees. a manager's main concerns with a team are: , whereas a leader's main concerns with a team are: .
Task oriented leaders are leaders that have different point of view from those who strictly manage employees.
Who are Task oriented leaders?A task-oriented leader emphasizes organization, plans, and timetables heavily in order to get things done. Leadership that is relationship-focused is frequently contrasted with task-oriented leadership. One puts an emphasis on the activities required to accomplish goals, while the other on the connections needed to maintain people' job satisfaction. The task-oriented style fits the definition of a manager, whereas the people-oriented approach concentrates on the traits of a leader, as leadership students will discover. Because both task- and relation-oriented leadership styles are likely to be used throughout the course of a career, leadership students need to understand the distinction between the two.
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what is the expected value of a firm if the expected value of its equity is $100 and the expected value of its debt is $50?
The expected value of the firm with the given expected values of equity and debt, is $150.
How to find the expected value?The expected value of a firm is simply the expected value of the amount of equity that it has and the amount of debt that it holds. This expected value is often found by multiplying the value of the debt or equity, by the cost of that debt or equity.
Seeing as in this case, the question already gives the expected values of debt and equity, the expected value of the firm is:
= Expected value of debt + Expected value of equity
= 50 + 100
= $150
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best buy rewards program tracks customer sales, and periodically issues coupons to customers based on the values of prior purchases. this marketing effort by best buy can be regarded as marketing
Best buy rewards program tracks customer sales and issues coupons to customers based on the values of prior purchases. This marketing effort by best buy can be regarded as frequency marketing.
What is frequency marketing?Frequency marketing is the term for activities that promote recurring purchases through a structured program enrollment process in order to foster consumer loyalty and commitment. Loyalty programs and frequency marketing are both used interchangeably.
What does the marketing term "frequency" mean?Frequency in the context of advertising can be interpreted as the quantity of exposure to or repetitions of an advertisement through a particular medium over a given period of time.
Frequency programme: what is it?Customers can be enticed into a system that stores important consumer data and monitors individual purchasing behaviour through frequency marketing programmes. A database marketing program's success depends on this data.
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Carnes Cosmetics Co.'s stock price is $50, and it recently paid a $1.50 dividend. This dividend is expected to grow by 30% for the next 3 years, then grow forever at a constant rate, g; and rs = 13%. At what constant rate is the stock expected to grow after Year 3? Round your answer to two decimal places. Do not round your intermediate calculations.
The dividend discount model (DDM) is a quantitative technique for forecasting the price of a company's stock based on the idea that
What is Dividend model ?when discounted back to their present value, all of the company's future dividend payments are worth the present price of the stock.
The dividend discount model (DDM) is a quantitative technique for forecasting the price of a company's stock based on the idea that, when discounted back to their present value, all of the company's future dividend payments are worth the present price of the stock.
We apply the Dividend Model for solving the questions.
Denote g as the constant dividend growth rate after 3 years which needs to be found.
The principle in the Dividend model is:
Current share price = Projected present value of all expected future dividend discounted at company's cost of equity rs =13%.
Thus Current share price = Present value of Dividend paid in Y1 + Present value of Dividend paid in Y2 + Present value of Dividend paid in Y3 + Present value of dividend perpetuity growth after Y3.
[tex]= > 50 = (3 x 1.30) / 1.13^1 + (3 x 1.30^2)/ 1.13^2 + (3 x 1.30^3)/1.13^3 + [3 x 1.30^3 x (1+g)]/(0.13-g)/1.13^3 < = > [5.8594 x (1+g)]/(0.13-g)/1.13^3 = 40.5298 < = > [5.8594 x (1+g)]/(0.13-g) = 63.2628 < = > 5.8594 + 5.8594g = 10.1220 - 63.2628g < = > 69.1222g = 4.2626 < = > g = 7.14%.[/tex]
Thus, the constant rate the stock's dividend expected to grow after Year 3 is 7.14%
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which inventory costing method assumes that the inventory's cost flow out in the same order the goods are received? multiple choice question. fifo weighted average lifo
Option (a), The FIFO method of costing inventory assumes that costs flow out in the same order as goods are received.
Which letters make up FIFO?In its most basic version, FIFO (first-in, first-out) costing allows you to keep track of a product's cost based on its cost just at time of receipt of the a purchase order and apply this cost to each delivery of the item until the quantity at receipt is used up.
The FIFO cost flow assumption: how can you apply it?Unlike FIFO (First-In, First-Out), which increases the cost of your newest inventory by the number of inventory sold, LIFO (Last-in, First-Out) involves multiplying the cost of your most current inventory by the quantity of products sold.
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based on marketing research with employees, customers, and hosts around the world, airbnb developed its current strategy, which centers around
Based on marketing research with hosts, employees, and, customers around the world, Airbnb developed its current strategy, which centers around 'hosts that do not simply offer their spaces as rentals but work hard to offer unique experiences'.
Airbnb is a community-based platform for listing and renting local homes through online means. It connects travelers and hosts in order to facilitate the process of renting without owning any rooms themselves. Furthermore, it cultivates a sharing economy by allowing property owners to rent out their private flats. The key to Airbnb's current strategy centers around the idea of encouraging hosts not only to simply offer their spaces as rentals but also to work hard to offer unique experiences.
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dependencies between your own choices reflect the fact that: dependencies between your own choices reflect the fact that: resources are spread across varying markets. resources can be spread across time. you have limited resources. society has limited resources.
Dependencies between your own choices reflect the fact that you have limited resources.
What makes the resource market crucial?Businesses can produce goods that are sold on the product market thanks to the resource market. The finished items are then used by households to maintain their quality of living. After then, people who deposit money into bank savings accounts and job seekers replenish the resource market.
How do markets make the most use of resources?Prices are used by markets as signals to direct resources to their most valuable uses. When purchasing products and services that they value more highly, consumers will pay a higher price. If all else is equal, producers will invest more resources in creating goods and services with higher prices.
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on january 2, 20x8, polaris company acquired a 100% interest in the capital stock of ski company for $3,100,000. any excess cost over book value is attributable to a patent with a 10-year remaining life. at the date of acquisition, ski's balance sheet contained the following information:
An accounting document known as a balance sheet lists a company's assets, liabilities, and shareholder equity. One of the three primary financial statements that are used to evaluate a business is the balance sheet.
What is the date of acquisition of ski's balance sheet?Particulars Amount in FCU Exchange rate Amount in $
Cash 180,000.00 1.7 306,000.00Receivables 210,000.00 1.7 357,000.00Inventories 520,000.00 1.7 884,000.00Equipment 1,300,000.00 1.7 2,210,000.00 2,210,000.00 3,757,000.00Payable 180,000.00 1.7 306,000.00
Capital stock 600,000.00 1.5 900,000.00
Retained
earnings–Beginning 1,390,000.00 1.5 2,085,000.00
Profit Current year 40,000.00 1.55 62,000.00
2,210,000.00 3,353,000.00
Currency translation difference (404,000.00)
Particulars Amount in FCU Exchange rate Amount in $
Sales revenue (1,010,000.00) 1.55 -1,565,500.00
Cost of goods sales 590,000.00 1.55 914,500.00
Operating expenses 120,000.00 1.55 186,000.00
Depreciation expenses 200,000.00 1.55 310,000.00
Income tax expenses 40,000.00 1.55 62,000.00
Dividend 20,000.00 1.55 31,000.00
(40,000.00) (62,000.00)
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The assets, liabilities, and shareholder equity of a corporation are listed on a balance sheet, an accounting document. The balance sheet is one of the three main financial statements that are used to assess a company.
When was the balance sheet for ski purchased?Particulars Exchange rate for the amount in FCU Dollar amount
Cash 180,000.00 1.7 306,000.00
Receivables 210,000.00 1.7 357,000.00
Inventories 520,000.00 1.7 884,000.00
Equipment 1,300,000.00 1.7 2,210,000.00
2,210,000.00 3,757,000.00
Payable 180,000.00 1.7 306,000.00
Capital stock 600,000.00 1.5 900,000.00
Retained
earnings– Beginning 1,390,000.00 1.5 2,085,000.00
Profit Current year 40,000.00 1.55 62,000.00
2,210,000.00 3,353,000.00
Currency translation difference (404,000.00)
Particulars Amount in FCU Exchange rate Amount in $
Sales revenue (1,010,000.00) 1.55 -1,565,500.00
Cost of goods sales 590,000.00 1.55 914,500.00
Operating expenses 120,000.00 1.55 186,000.00
Depreciation expenses 200,000.00 1.55 310,000.00
Income tax expenses 40,000.00 1.55 62,000.00
Dividend 20,000.00 1.55 31,000.00
(40,000.00) (62,000.00)
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The procedures for posting to a subsidiary ledger from a sales journal include _____ (daily/monthly) updating of the customer account in the subsidiary ledger and then putting a _____ (date/number/checkmark) in the PR column of the journal to indicate the customer account was updated.
daily
checkmark
The procedures for posting to a subsidiary ledger from a sales journal include daily updating of the customer account in the subsidiary ledger and then putting a checkmark in the PR column of the journal to indicate the customer account was updated.
AccountingRegistration of the monetary value of the commercial operations of a company. Its objective is to provide information on the net worth of a company in a given period of time. These are the following operations that must be posted:
Purchases and expensesSales and incomeAcquisitions and sales of assetsSalaries and social securityFor more about accounting here https://brainly.com/question/1033546
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a(n) ratification occurs when, after reaching the age of majority, a person states that he or she intends to be bound by a contract.
A specific approval happens once; when reaching the age of majority, someone states orally or in writing that he or she intends to be sure by the contract entered into as a minor.
The ability of someone underneath to stand his or her rights and obligations under a contract and adjust to the terms. Ratification, as employed in this section, means that in the act of approving unauthorized commitment by a politician has the authority to try to do therefore. The most vital good thing about approval is the actual improvement in the human rights of people and teams within the ratifying state.
After approval has been granted underneath a state's own internal procedures, it'll send word to the opposite parties that they consent to be certain by the accord. This can be known as an agreement. The accord is currently formally binding on the state.
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which of the following statements is true of consumer promotions? group of answer choices they include the use of conventions and trade shows. they include the use of display allowances. their primary objective is to persuade resellers to carry a brand. they are primarily used to generate business leads and reward customers. they include a wide range of tools like samples, coupons, and refunds.
The true statements about consumer promotions is that its includes a wide range of tools like samples, coupons, refunds, and so on. The Option D is correct.
What is use of consumer promotions?In marketing, a consumer promotions means those strategies that businesses use to gain more customers or develop brand loyalty among current customers.
The most common customer promotions involve sales tactics that make customers feel like they are getting a good deal or special value. Also, a consumer promotions occur during a specific period of time or are temporary although many brands also offer special promotions to first-time customers.
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