A summary of all the financial data in the account ledgers that ensures the figures are correct and balanced is called Trial balance.
The trial balance is the report of accounting in which ending balances of the different general ledgers of the company are available.
In the trial balance utility expenses during a period include the payments of different bills amounting. If the total debits equal the total credit, the trial balance is considered to the balanced and there should be no mathematical errors in the ledgers.
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hank purchases a lawn mower based on a quick price comparison. however, after using the lawn mower, he acknowledges that the lawn mower is of superior quality. in acknowledging its superior quality, hank is referring to its .
Based on the concept of consumer satisfaction and the situation described, it is concluded that Hank is referring to the lawnmower's underlying attributes.
What are the Underlying Attributes?Underlying Attribute is a term that is used to describe the features or characteristics of items or gadgets, that are present but not obvious to the eyes.
Underlying attributes of items are generally not apparent and can only be determined or served through experience or contact with the product.
Given that Hank is getting to know the superior quality of the lawn mower after using it, then this is considered to be an underlying attribute.
Hence, in this case, it is concluded that the correct answer is Underlying Attributes
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erika is the owner of a cherry orchard. the price of cherries is high enough that erika is earning positive economic profits. in the long run, erika should expect cherry prices due to the firms. lower; entry of new higher; exit of existing lower; exit of existing higher; entry of new
In the long run, Lilly should expect: lower Cherries prices due to the entry of new firms.
What is economic profits?Accounting profit and economic profit are frequently examined together in analyses. The profit a corporation displays on its income statement is known as accounting profit.Accounting profit is a component of the necessary financial transparency for a corporation and gauges actual inflows versus outflows.Contrarily, economic profit is not revealed to regulators, investors, or financial institutions and is not reported on a company's financial statements either. A particular kind of "what if" study is economic profit. When faced with decisions about production levels or other business options, businesses and people may opt to take economic profit into account. Foregone profit considerations can be represented by economic profit.To learn more about economic profit, refer to
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Paragraph 7H of the contract indicates that who should review and decide on the company to use as the residential service company?
The buyer
The buyer should review and decide on the company to use as the residential service company. A service provider makes money by offering services to its clients rather than selling them products.
An excellent illustration of a service company is an accounting firm. Accounting work, asset and company audits, and tax return preparation are all ways that accountants make money. Air-lines, banks, computer service bureaus, law firms, plumbing repair shops service, movie theatres, and management consulting firms are a few examples of pure service enterprises. These are the businesses that market their own goods. Goo-gle, Alphabet, Face-book, Ad-obe, and others are some examples.
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financial leverage effects firms hl and ll are identical except for their financial leverage ratios and the interest rates they pay on debt. each has $20 million in invested capital, has $4 million of ebit, and is in the 25% federal-plus-state tax bracket. both firms are small with average sales of $25 million or less during the past 3 years, so both are exempt from the interest deduction limitation. firm hl, however, has a debt-to-capital ratio of 50% and pays 12% interest on its debt, whereas ll has a 30% debt-to-capital ratio and pays only 10% interest on its debt. neither firm uses preferred stock in its capital structure.
LL's debt = 20%*25 = 5 million
LL's equity = 25-5 = 20 million
HL's debt = 55%*25 = 13.75 million
HL's equity = 25-13.75 = 11.25 million
Net income for LL = (EBIT-debt*10%)*(1-tax rate) = (5-5*10%)*(1-40%) = 2.7 million
Net income for HL = (EBIT-debt*11%)*(1-tax rate) = (5-13.75*11%)*(1-40%) = 2.0925 million
1. ROIC for LL = EBIT*(1-tax rate)/invested capital = 5*(1-40%)/25 = 12.00%
ROIC for HL = EBIT*(1-tax rate)/invested capital = 5*(1-40%)/25 = 12.00%
3. ROE for LL = net income/equity = 2.7/20 = 13.50%
ROE for HL = net income/equity = 2.0925/11.25 = 18.60%
5. New equity for LL = 25*(1-60%) = 10 million
New debt for LL = 25*60% = 15 million
New net income for LL = (EBIT-debt*15%)*(1-tax rate) = (5-15*15%)*(1-40%) = 1.65 million
New ROE for LL = new net income/new equity = 1.65/10 = 16.50%
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valence corporation's form 1120s shows ordinary income of $88,000 for the year. daniel owns 40% of the valence stock throughout the year. the following information is obtained from the corporate records:
Subchapter S ordinary income $ 88,000
Dividends received $ 5,000
Tax-exempt interest 5,000
Recovery of state taxes 5,000
STCG 14,000 29,000
Deduct: $117,000
Charitable contributions $ 6,000
STCL 7,000 LTCL 6,000 (19,000)
Contribution margin (CM), or dollar contribution in keeping with unit, is the promoting rate consistent with unit minus the variable cost consistent with unit. "Contribution" represents the portion of sales revenue that isn't ate up by means of variable expenses and so contributes to the coverage of constant prices. This idea is one of the key building blocks of damage-even evaluation. Decomposing sales as Contribution plus Variable charges. within the price-quantity-profit evaluation version, costs are linear in extent. In price-volume-earnings evaluation, a form of control accounting, contribution margin—the marginal earnings per unit sale—is a beneficial amount in wearing out numerous calculations, and may be used as a measure of operating leverage.
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we inherited a rope of 2200, with an average daily demand of 200 units, a standard deviation of demand of 30 units, and a lead time of 10 days. how well are we satisfying our customers with this rop level? (find the avg. csl level at this rop level) rop
Average CSL level = 97.89%
Given that:
Reorder Point (ROP) = 2200
Daily Demand (d) = 200
Standard Deviation (\sigma d) = 30
Lead Time (Lt) = 10
We know that the formula for Reorder Point (ROP):
Formula:
ROP = d x Lt + (Z x \sigma d x Sqrt(Lt))
Using the above formula we can derive the Z value. Let us input all the values which we have:
Therefore:
2200 = (200 x 10) + (Z x 30 x Sqrt(10))
2200 = 2000 + (Z x 30 x Sqrt(10))
2000 + (Z x 30 x Sqrt(10)) = 2200
(Z x 30 x Sqrt(10)) = 2200 - 2000
(Z x 30 x Sqrt(10)) = 200
30 x Sqrt(10) x Z = 200
Z = 200 / (30 x Sqrt(10))
Z = 200 / 94.8683298051
Z = 2.10818510678
Z = 2.1089 **
** please round the value as per the instructions
Therefore, average service level is 100 - Z = (100 - 2.10818510678) x 100
Average CSL level = 97.89%
Optional step:
We may also cross-check to see if the Z value is right. Let us begin by entering the Z value into the ROP equation:
2200 = (200 x 10) + (2.10818510678 x 30 x Sqrt(10))
2200 = 2000 + 200
2200 = 2200
Hence, LHS = RHS
Controlled Shipping Level is known as CSL. Controlled shipping is a status as well as a methodical process. The client of a supplier has the right to place the provider into the state of "Controlled Shipping" if the supplier sent non-conforming parts. If this occurs, the supplier must begin the regulated shipping process in accordance with the level specified by the client who made the first request.
In many industrial areas, CSL is a widely utilized method, and it is notably prevalent in the automobile industry. It was established to aid in protecting the supply chain against flaws and non-conformities.
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ten years ago, cary company issued $1,500,000 of 7 percent, 10-year bonds at a price of 95. on the maturity date of january 2, after making the final interest payment and recording the related entry, cary retired the bondsplete the necessary journal entry for january 2 by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.
On January 2, the journal entry to record the bonds will be Bond payable A/c Dr for $1,500,000, to Cash A/c for $1,500,000.
Bonds are fixed-income securities that reflect loans from investors to borrowers. A bond can be compared to an agreement outlining the terms of the loan and the associated payments between both the lender and borrower. Businesses, cities, states, and sovereign nations utilize bonds to fund operations and initiatives. Bondholders are the issuer's debtors or creditors.
Bond specifications typically have included the terms regarding adjustable or fixed interest cash payments by the borrower, as well as the end date by which the principle of the loan is anticipated to be paid to a bond owner. There are different kinds of bonds that are available in the market.
When a person purchases a bond, he lends some money to the issuer of bond for a certain period and the issuer promises to return him the money along with regular interest payment.
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fredrick hires samantha to paint the showroom of his new furniture store instead of having one of his full-time store employees perform the work. samantha does not work for fredrick in any other capacity. samantha is .
In this particular problem where Fredrick hires Samantha to paint the showroom, Samantha is an independent contractor.
Who is considered to be independent contractor?
The Internal Revenue Service classifies doctors, dentists, veterinarians, attorneys, and many other professions who offer independent services as independent contractors (IRS).
Contractors, subcontractors, writers, software designers, auctioneers, actors, musicians, and numerous other individuals that offer independent services to the general public are also included in this category. The expansion of the so-called "gig economy" has resulted in an increase in the use of independent contractors.
Independent contractors are required to keep a record of their income, including each payment from clients. If the amount paid to the contractor justifies a 1099-MISC expense, clients are legally required to provide 1099-MISC forms to their contractors.
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at the start of the great recession in 2008, many students in graduate programs who were near the completion of their degree decided to slow their progress to graduation in order to avoid entering a job market that had few jobs available. this trend supports which theory of education?
Based on the given information, this trend supports the theory of education named warehousing.
What is Job?A job referred to what an individual chooses as a profession to earn something. A career of an individual is based on his talents, skills, and abilities which help him to seek growth and development and achieve the goals of life.
In the given case, it is explained that during the great recession of 2008 students who are at the end of their graduation prevent to enter the job market due to having fewer jobs reflecting the warehousing theory of education.
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Which of the following statements is true of problem solving?
a. Algorithms invariably lead to solutions if they are used properly
b. Heuristics require more scientific knowledge than algorithms
c. Heuristics guarantee a correct solution
d. Algorithms permit more rapid solutions than heuristics
True of problem solving Heuristics require more scientific knowledge than algorithms
Heuristics or heuristic techniques are approaches to solving or self-discovering problems using "calculated guesses" derived from past experience. Heuristics are mental shortcuts that reduce the cognitive load of decision making. Usually it is the use of algorithms that correspond to heuristics. Heuristics can be thought of as common cognitive frameworks that people regularly employ to reach a solution quickly. For example, when the student has to decide that which subject she wants to study in the college, her intuition is likely to have been directed towards the path that she imagines to be the most satisfying, practical, and interesting. Heuristics are the mental shortcuts often that used to simplify problems and to avoid cognitive overload. Heuristics are part of the development and wiring of the human brain, enabling individuals to quickly draw rational conclusions and solutions to complex problems.
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during the reviewing stage of composing a business communication, feedback is usually not needed for which of the following types of business communication?
During the reviewing stage of composing a business communication, feedback is usually not needed for an everyday message types of business communication .
An example of business communication?
Business communication includes distributing work to staff, hearing customer feedback and reacting to it, and releasing a press release, among other things.
What are the many styles of corporate communication?
Information must be sent between team members and from the organization to external partners in order for business communication to take place. External communication, lateral communication, upward communication, and downward communication are the four main categories.What role does business communication play?
To express strong, unambiguous messages about strategy, customer service, and branding in business, communication is crucial. Building a brand requires a company to communicate a consistent, audience-specific message. Internal communication fosters teamwork and collaboration by fostering relationships between employees and managers.Learn more about business communication
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which of the following items has to do with conditions that must be met before the deliverables are accepted? multiple choice deliverables milestones technical requirements limits and exclusions acceptance criteria
The following items has to do with conditions that must be met before the deliverables are accepted is acceptance criteria.
The requirements that a software product must fulfill in order to be accepted by a user, a client, or other systems are known as acceptance criteria (AC). They specify the feature behavior from the end-perspective users and are particular to each user narrative.
The requirements of a project, product, or elements within it (such as sprint user stories or test cases) that must be satisfied before deliverables are accepted are known as acceptance criteria. Early agreement on sound acceptance criteria with a user lowers the possibility that work may fall short of expectations.
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what is the current yield for a $1,000 corporate bond that pays 11 percent and has a current market value of $900?
In this particular problem, where amount is 1000 and 11% mentioned, the current yield would be 12.22%
Explanation:
The computation of the current yield is shown below:
Current yield is
= Annual coupon ÷ Bond price
where,
Annual coupon is
= 0.11 × $1,000
= $110
And, the price of the bond is $900
So, the current yield is
= $110 ÷ $818
= 0.1222
= 12.22%
Hence, the current yield is 12.22%
We simply applied the above formula so that the current yield could come.
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a data analyst inputs asterisks before a word or phrase in r markdown. how will this appear in the document?'
When a data analyst places an asterisk before a word or phrase in r markdown. It will be formatted as a bullet point in the document.
A bullet point is used to indicate the importance of a list item that has a big dot in front of it.
Unless it begins with a proper name, you should use lower case at the beginning of each bullet point, and each one should be brief (no more than one line). Instead of using full stops in bullet points, try to start a new one or extend it with commas, dashes, or semicolons.
Therefore, A bullet or bullet point, •, is a typographic sign or glyph used to denote the first item in a list. As an example: 1st, 2nd, and 3rd points The bullet symbol can be drawn in a variety of shapes, including circular, square, diamond, and arrow. Asterisks can be used to create bullet points in a .rmd file.
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The following functions, provided by financial intermediaries, enable the smooth functioning of the economy: I) processing of payments; II) borrowing and lending; III) pooling risksa. I onlyb. I and II onlyc. I, II, and IIId. III only
The borrowing and lending provided by the financial intermediaries, enable smooth functioning of economy.
What is financial intermediary?A financial intermediary is a company or a person who acts as a go-between for various parties in order to expedite financial transactions. Stock brokers, investment banks, commercial banks, pooled investment funds, and stock exchanges are examples of common categories. Through a range of debt, equity, or hybrid stakeholding structures, financial intermediaries redistribute otherwise uninvested capital to profitable firms. Certain assets or liabilities are changed into other assets or liabilities through the process of financial intermediation. As a result, financial intermediaries transfer money from savers who have excess capital to those who need liquid funds to carry out their desired activity (investors). A financial intermediary is often a type of organization that aids in the indirect channeling of cash between lenders and borrowers.
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Consumers wishing to reduce their risk of consuming pesticides in the food they eat purchase food that has been certified organic by what government entity?.
Consumers wishing to reduce their risk of consuming pesticides in the food they eat purchase food that has been certified organic by U.S. Department of Agriculture (USDA).
Nowadays, the usage of pesticides on crops has become common. Some people fear that the pesticide in food is harmful to their bodies in the long run.
In the US, people who wish to eat pesticide-free food, eat organic food. Organic food is such kind of food that does not have any pesticides and herbicides used on them.
The U.S. Department of Agriculture (USDA) prove to be authentic organic food for customers who demand them. Hence, in the United States, if one wants to purchase food that is organic and certified, one should contact the U.S Department of Agriculture.
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Anita, a good friend of yours wants to invest in the natural resources of nigeria. What type of international investment should she consider?.
She should consider regional funds as an international investment.
What are regional funds?It is managed by managers on a mutual basis and corresponds to a particular form of investment in securities in a place. It also has a wide range of operations that extend beyond the region. The Regional Development Fund assists regionally significant initiatives that advance regional economic growth while simultaneously enhancing cultural, social, and environmental consequences.
Since their administration is focused on this, with better security and control because they are mutual funds, regional funds provide a safer choice for investing in other nations.
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which of the following uniform commercial code (ucc) sections allows a seller or lessor to cancel the contract if the buyer or lessee is in breach? multiple choice question. 2-706 and 2a-527(2) 2-512 and 2-514 2-703(f) and 2a-523(1)(a) 2-703(a) and 2a-523(1)(c)
If the buyer or lessee breaches the agreement, the seller may terminate the contract pursuant to UCC articles 2-703(f) and 2A-523(1)(a).
What does Article 2 and 2A of the UCC cover?The sale of goods is covered under Article 2 of the UCC. Sale and products have clear definitions. The UCC addresses the leasing of commodities in Article 2A. The terms "lease" and "finance leases" are recognized by the UCC as having distinct meanings.The nine substantive articles that make up the Uniform Commercial Code (UCC) each cover a different aspect of the law. Only the sale of goods is covered by article two. It's crucial to remember this. All items that are movable and recognizable at the time of the sale are considered goods. Service contract-related transactions are not covered by Article 2.Learn more about Article 2 and 2A refer to :
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question 4 if a company uses your personal data as part of a financial transaction, you should be made aware of the nature and scale of the transaction. what concept of data ethics does this refer to?
If a company uses your personal data as part of a financial transaction, you should be made aware of the nature and scale of the transaction Currency.
Finance is the have a look at an area of cash, currency and capital property. it is associated with, however no longer synonymous with economics, the observe of manufacturing, distribution, and intake of money, belongings, goods and offerings (the field of monetary economics bridges the two). Finance sports take region in financial systems at various scopes, consequently the sector can be kind of divided into personal, corporate, and public finance. In a financial gadget, belongings are offered, bought, or traded as monetary gadgets, together with currencies, loans, bonds, shares, shares, alternatives, futures, and many others. property also can be banked, invested, and insured to maximize fee and minimize loss.
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a 2016 report found these statistics for citizens of bolivia: which of these would be the most effective way to reduce the digital divide between the urban and rural households?
The most effective ways to reduce the digital divide between the urban and rural households is by organize program that donates refurbished laptops to residents of rural villages. So that the number of households with computers will increase in rural areas.
In the economic sector, the digital divide generally can be defined as the unequal access to digital technology, including the internet, laptops, smartphones, and also tablets,. The digital divide creates inequality and also a division around access to resources and information. There are several types of digital divide, such as Access divide, Use divide, and also Quality of use gap.
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When a company directly or indirectly compares its brand with one or more other brands in an advertisement, they are using __________.
When a company directly or indirectly compares its brand with one or more other brands in an advertisement, they are using comparative advertising. Thus the correct option is A.
What is an advertisement?An advertisement is a tool of promotion that is used to create awareness about a product and informed the customers about its features and uniqueness in order to persuade them for buying.
By comparing their product or service with a competitor, comparative advertising is a strategy that promotes brand awareness. It aids in enhancing brand recognition and reputation and might increase clientele or sales.
Therefore, option A is appropriate.
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The complete question is probably
When a company directly or indirectly compares its brand with one or more other brands in an advertisement, they are using __________.
A.comparative advertising
B.informative advertising
C.an unethical practice
D.reminder advertising
E.competitive advertising
The producers of Gillette razor blades use a marketing strategy that includes large advertising expenditures and more price flexibility for the various types of blades offered. Based on this example, razor blades are in the ____ stage of the product life cycle.
a. evaluation
b. growth
c. decline
d. maturity
e. introduction
The razor blades are in the d. maturity stage of the product life cycle.
What is product life cycle?The product life cycle refers to the time during which the product is introduced into the consumer market until it is removed from the shelves. Management and marketing professionals use this concept to decide when it is appropriate to increase advertising, lower prices, expand into new markets, or redesign packaging. The process of developing ways to continuously support and maintain a product is called Product Lifecycle Management.
The product life cycle is divided into four stages:
adoption growth maturity declineThe stage of a product's life cycle affects how it is marketed to consumers. A new product must be explained, while a mature product must be differentiated from competitors.
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TRUE/FALSE. The components of marginal revenue Jabari's HookNLadder is the only company selling fire engines in the fictional country of Alexandrina. Jabari initially produced seven trucks, but then decided to increase production to eight trucks. The following graph gives the demand curve faced by Jabari’s HookNLadder. As the graph shows, in order to sell the additional fire truck, Jabari must lower the price from $100,000 to $50,000 per truck. Notice that Jabari gains revenue from the sale of the additional engine, but at the same time, he loses revenue from the initial seven engines because they are all sold at the lower price. Use the purple rectangle (diamond symbols) to shade the area representing the revenue lost from the initial seven engines by selling at $50,000 rather than $100,000. Then use the green rectangle (triangle symbols) to shade the area representing the revenue gained from selling an additional engine at $50,000. Revenue Lost Revenue Gained 0 1 2 3 4 5 6 7 8 9 10 275 250 225 200 175 150 125 100 75 50 25 0 PRICE (Thousands of dollars per fire engine) QUANTITY (Fire engines) Demand Jabari increase production from 7 to 8 fire engines because the dominates in this scenario. True or False: If alternatively Jabari's HookNLadder were a competitive firm and $100,000 were the market price for an engine, decreasing its price from $100,000 to $50,000 would result in a decrease in the production quantity, but an increase in total revenue.
Jabari should not increase production from 7 to 8 fire engines because the revenue loss dominates this scenario.
If Jabari firm is a competitive firm and the price is reduced from $1,00,000 (market price) to $50,000 it would result in more change in the production quantity (i.e., production would increase by a greater quantum due to huge additional demand) and thus more total revenue than in the existing condition. This is false.
Whet is production?Production is the process of combining different material and immaterial inputs to create something for consumption. It is the act of producing an output, such as a good or service, that has value and contributes to people's utility.
The marginal revenue components Jabari's HookNLadder is the only company in the fictional country of Alexandrina that sells fire engines. Jabari initially produced seven trucks before increasing production to eight trucks. This was illustrated above. A reduction in price won't lead to more production.
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this system establishes financial accountability for operating segments within an organization. what is this system?
This system of that establishes financial accountability is responsibility accounting.
What is responsibility accounting?Revenues and expenses for each responsibility center in a business are reported separately under responsibility accounting. The management of operations is enhanced as a result. While the cost of an employee's wage falls under the direct manager of that employee, the cost of rent can be attributed to the person who negotiates and signs the lease. This idea also applies to product costs, as each component element has a standard cost that must be paid (as specified in the item master and bill of materials), and it is the buying manager's job to do so at the right price. The shift manager is also accountable for any scrap charges that arise at a machine.
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a corporation issued 4,000 shares of $10 par value common stock for $48,000 cash. a corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $35,000. the stock has a $2 per share stated value. a corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $35,000. the stock has no stated value. a corporation issued 1,000 shares of $25 par value preferred stock for $60,000 cash.
A corporation issued 2,000 unmatched shares of common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The shares have a declared value of $1 per share. Common Stock ($10 par value). $200,000. Contributed capital/surplus. $800,000. Shareholders. $1,000,000.
The value of issued common or preferred shares is based on the market value delivered or received, whichever is more reliable.If the shares are issued in cash, then the cash received dictates the market value.The stock account is always credited by shares issued x par value.Any difference between the total par value of the issued shares and the market value is credited to a separate account, Paid-in Capital in Excess of Par Value.The cash or non-cash asset account is debited.These entries apply to common or preferred stock.The only difference is that preferred is replaced by common in account names.Transactions by a corporation in its own stock are investment transactions.As such, they do not generate income, expenses, profits or losses.They add or reduce the paid-in capital within the owners' equity.Occasionally, these transactions may also affect retained earnings.
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Most important in dealing with ethical and legal issues between the customer and the salesperson is for sales managers to.
It is crucial for sales managers to set an example when it comes to dealing with moral and legal concerns between customers and salespeople.
How does a salesperson work?Simply put, a sales representative represents a company's brand and sells goods or services on its behalf. They oversee client connections and function as the main point of contact from the time a lead is first contacted until a sale is made.
What are the three main tasks of a salesperson?Salespeople represent their businesses by doing following: adding value for their clients' clients. Relationship management. relaying market and customer data back to their firms.
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The most important thing for sales managers to do when dealing with ethical and legal difficulties between the customer and the salesperson is to set a good example.
What are a Sales Manager's Roles and Responsibilities?Sales managers are often in charge of hiring and firing people, identifying the need for and offering training, coaching sales reps, and creating sales territory. They are also responsible for designing sales plans and undertaking data analysis in order to make sound decisions. A Sales Manager's responsibilities include hiring, training, and providing professional development for their teams, as well as setting weekly, monthly, or quarterly targets based on the team's success thus far. They also provide reports that track how effectively each individual meets these seasonal goals. A successful Sales Manager must be able to involve his or her team in both the sales philosophy and the sales process. The Sales Manager must be open to new ideas and capable of making each salesperson feel like a valuable member of the team and the solutions they provide to customers.
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Assume you have $1,000 in a savings account at the beginning of the year and the price level is equal to 100. If the price level is equal to 115 at the end of the year, the real value of your savings is closest to $885. a. O b. $1,150. $870. C. O d. $1,115.
The real value of your savings is closest to $870
There are $1,000 in a savings account at the beginning of the year.
Price level is equal to 100.
At the end of the year the price level is equal to 115.
The real value of the savings = Savings at the start of the year / Ratio of the price level index.
Or,
Savings at the start of the year / ( Price level at the year end / Price level at the start )
= $1,000 / ( 115 / 100 )
= 1,000 / 1.15
= 869.5652
Thus $870 is the answer.
Saving is earnings now not spent, or deferred consumption. strategies of saving consist of setting money aside in, as instance, a deposit account, a pension account, an investment fund, or as cash. Saving additionally involves lowering prices, together with recurring expenses.
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retailers collect information about purchases in each of their retail outlets, analyze the data that has been gathered, and then order new products. this flow (flow 3) involves communication from the
The buyer reviews the collected data with the manufacturer.
Who are these retailers, exactly?A shop is a company or establishment where you buy products. Typically, retailers don't produce their own goods. They buy products from a producer or a wholesalers and then sell them in small doses to customers.
What kind of retailer is an example?Best Buy is a prime illustration of a traditional retailer. It pays suppliers like Sony and Frigidaire market cost for the products, then charges customers more for them. Most of the things that Future Shop sells are not ones that company produces. These really are sizable establishments that offer a wide range of goods.
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bailey owns a small rental townhouse complex that generates a loss during the year. complete each item below regarding (a) the circumstances where bailey can deduct a loss from the rental activity and (b) any limitations that would apply. a. bailey might be allowed to deduct up to $fill in the blank 1 of the passive activity losses from the townhouse complex against income. to qualify for the deduction under the real estate rental exception, bailey must actively participate in the activity and own or more of all interests in the activity for the entire taxable year. or, bailey qualify as a real estate professional and meets a material participation test for the rental real estate activity and more than of the personal services that he renders are performed in real property businesses where he materially participates. if bailey does not satisfy the requirements for these two exceptions, he must continue to treat income and losses from real estate rental activities as activity income and losses. b. if bailey, who files single, qualifies for the real estate rental exception, the maximum deduction is reduced if his agi exceeds the threshold. the reduction is equal to of agi in excess of $fill in the blank 8 . the deduction will be phased out completely if agi reaches
Bailey might be able to offset up to $25,000 of the townhouse complex's passive activity losses from his active and portfolio income. Bailey must actively engage in the leasing of real estate to be eligible for the deduction under the real estate rental exception.
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When does the automatic 60-day extension period for qualified taxpayers impacted by federally declared disasters begin?.
The automatic 60-day extension period for qualified taxpayers is generally impacted on the earliest date of the declaration given by the disaster declarations.
What are the Qualified Taxpayers?A Qualified taxpayer who has decided to accept at least $50,000,000.00 in eligible capital investments, of which $25,000,000.00 must be made before the issuing of a certificate underneath this provision, and to generate at least half a million qualified new jobs are considered a qualified taxpayer.
Qualified Taxpayers can be broadly divided into two groups: individuals and corporations. Individuals - Taxpayers who must pay taxes on their income fall under this category. Corporations: These taxpayers are made to pay taxes on the profits they made from their business operations the previous year.
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