A parent that controls one or more additional firms (subsidiaries) must present consolidated financial statements in accordance with IFRS 10 - Consolidated Financial Statements
When a firm has numerous divisions or subsidiaries, its financial records are referred to as having consolidated financial statements. When a corporation refers to its financial statement reporting as "consolidated," it usually refers to the combined reporting of the entire organisation. Consolidated financial statement reporting, on the other hand, is defined by the Financial Accounting Standards Board as the reporting of an entity that is organised with a parent company and subsidiaries. Assets, liabilities, equity, income, expenses, and cash flows of a parent business and its subsidiaries are shown in consolidated financial statements as belonging to a single economic entity.
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Penny Cassidy has decided to start her business, Penny’s Pool Service & Supply, Inc. (PPSS). There is much to do when starting a new business. Here are some transactions that have occurred in PPSS in March.Received $25,000 cash and a large delivery van with a value of $36,000 from Penny, who was given 4,000 shares of $0.05 par value common stock in exchange.Purchased land with a small office and warehouse by paying $10,000 cash and signing a 10-year note payable to the local bank for $80,000. The land has a value of $18,000 and the building's value is $72,000. Use separate accounts for land and buildings.Purchased a new computer equipment from Dell for $2,500 cash, and purchased other office equipment for $4,000, signing a note payable due in six months to the office equipment manufacturer.Hired a receptionist for the office at a salary of $1,500 per month; the receptionist will begin working for PPSS starting in April.Paid $1,000 on the note payable to the bank [in (b) above] at the end of March (ignore interest).Purchased short-term investments in the stock of other companies for $5,000 cash.Ordered $10,000 in inventory from Pool Corporation, Inc., a pool supply wholesaler, to be received in April.Required:1. For each of the events, prepare journal entries if a transaction of the business exists, checking that debits equal credits.2. Use the following T-accounts, and post each of the transactions to determine balances at March 31. Because this is a new business, beginning balances are $0.3. Prepare a trial balance on March 31 to check that debits equal credits after the transactions are posted to the T-accounts.4. From the trial balance, prepare a classified balance sheet at March 31 (before the beginning of operations in April).5. For each of the events, indicate if it is an investing activity (I) or financing activity (F), and the direction (+ for increases; − for decreases) and amount of the effect on cash flows using the following structure. Select NE if there is no effect on cash flows.6. Calculate the current ratio at March 31.
The transactions involve cash, stock exchange, note payable, hiring, payment, investment, and inventory order. Journal entries and T-accounts are used to record and track balances.
Journal entries for each of the transactions:
a) Received from Penny 4,000 shares of common stock with a par value of $0.05 in exchange for $25,000 cash and a large delivery van with a value of $36,000.
Debit: Cash $25,000
Debit: Delivery Van $36,000
Credit: Common Stock $200 (4,000 x $0.05)
b) Paid $10,000 cash and executed an $80,000 10-year note payable to the neighborhood bank to purchase land with a small office and warehouse. The building is worth $72,000, and the land is worth $18,000.
Debit: Cash $10,000
Debit: Land $18,000
Debit: Buildings $72,000
Debit: Note Payable $80,000
Credit: Accounts Payable $80,000
c) Signed a note payable to the manufacturer of the office equipment due in six months after buying a new computer from Dell for $2,500 in cash and another $4,000 worth of office equipment.
Debit: Cash $2,500
Debit: Office Equipment $4,000
Credit: Note Payable $4,000
d) Paid a receptionist $1,500 a month to work in the office; she will start working for PPSS in April.
Debit: Salaries Payable $1,500
Credit: Cash $1,500
e) At the end of March, I paid $1,000 on the note (ignoring interest) payable to the bank in (b) above.
Debit: Note Payable $1,000
Credit: Cash $1,000
f) Paid $5,000 in cash to buy short-term investments in the stock of other corporations.
Debit: Cash $5,000
Credit: Investments $5,000
g) Placed an order with Pool Corporation, Inc. for $10,000 in inventory. to be received in April is, a wholesaler of pool supplies.
Debit: Inventory $10,000
Credit: Accounts Payable $10,000
(2) T-accounts:
Cash
Debit: $25,000 Credit: $2,500Debit: $1,000 Credit: $1,000Debit: $5,000 Credit: $10,000Delivery Van
Debit: $36,000Common Stock
Credit: $200Land
Debit: $18,000Buildings
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experiment 2 groups were asked how old was gandhi when he died
Gandhi died at the age of 78 in 1948.
Who is Gandhi?Generally, Gandhi was a prominent leader and key figure in India's struggle for independence. He was a proponent of peaceful civil disobedience and nonviolent protest, and was the leader of the Indian National Congress.
He is remembered for leading nationwide campaigns to ease poverty, expand women's rights, build religious and ethnic amity, and end untouchability.
He was assassinated in 1948 by a Hindu extremist. Gandhi's birthday, October 2, is commemorated in India as Gandhi Jayanti, a national holiday, and worldwide as the International Day of Nonviolence.
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What is the amount of Siena and Kendall's retirement savings contributions credit?
$__________
The saver's credit may be available to low- and moderate-income workers who contribute to a 401(k) plan or an individual retirement account for retirement savings.
In addition to any tax deduction you obtain from making contributions to a conventional retirement account, you may also claim this credit for retirement savings contributions.Check the requirements for the saver's credit income. Invest your money in a 401(k) or other type of retirement account that qualifies. Provide enough to receive full credit. Meet the deadline for saving credit contributions.There are various retirement account kinds for which you may be eligible for the saver's credit. When you make a 401(k) contribution, you can frequently take advantage of the saver's credit.
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will increased discount rate on loans to commercial banks decrease the interest rate on short term government bonds?
The interest rate on short-term government bonds may fall if the discount rate, the rate at which commercial banks can borrow money from the central bank, rises.
This is due to the fact that a higher discount rate may indicate tighter monetary policy and higher borrowing costs for banks, both of which could lower total credit demand and, consequently, lower the interest rate on government bonds. The relationship between the discount rate and the interest rate on government bonds, however, is not always clear-cut, and other aspects of the interest rate, such as the health of the economy and shifts in market expectations, can also be taken into account.
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3) what is the sustainable growth rate of a firm that has net income equal to 340, dividend payout ratio equal to 0.45 and total equity equal to 1850?
The sustainable growth rate of a firm can be calculated using the DuPont Model, which is a method for decomposing a firm's return on equity (ROE) into its various components. The formula for sustainable growth rate is:
Sustainable Growth Rate = Retention Rate x ROE
Where:
Retention Rate = 1 - Dividend Payout Ratio
ROE = Net Income / Total Equity
Using the given information, the calculation is:
Retention Rate = 1 - 0.45 = 0.55
ROE = 340 / 1850 = 0.18
Sustainable Growth Rate = 0.55 x 0.18 = 0.099 or 9.9%
Therefore, the sustainable growth rate of the firm is 9.9%. This means that the firm can grow at a rate of 9.9% per year while still being able to finance its growth through internal reinvestment of earnings.
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you purchased a stock at the end of last year at a price of $87. at the end of this year, the stock pays a dividend of $2.40 and you sell the stock for $98. what is your return for the year? now suppose that dividends are taxed at 15 percent and long-term capital gains (over 11 months) are taxed at 30 percent. what is your aftertax return for the year? (do not round intermediate calculations. enter your answers as a percent rounded to 2 decimal places.)
From the accounting conditions given above, it may be ascertained that the after tax return will be 10.78 percent.
The computation of after-tax return can only be computed when the before-tax return rate is known, which is as shown below.
Before-tax Return = [Dividend + Closing Price – Opening Price] / Opening Price
Before-tax Return= (2.40+98-87)/87
Before-tax Return= 15.40%
Now, the after-tax return will be as computed below,
After-tax Return = Before-tax Return * (1-Taxrate)
After-tax Return =15.40% *(1-30%)
After-tax Return= 10.78%
Therefore, the return is calculated as 10.78 percent.
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which would not be considered factors in supply analysis
Personal beliefs and values, random events, consumer demand, and social and cultural factors are not considered in supply analysis.
In supply analysis, several factors play a role in determining the quantity of a good or service that will be produced and supplied. Some factors that are not typically considered in supply analysis include:
Personal beliefs and values: Individual values and beliefs do not generally have a direct impact on the supply of a good or service.
Random events: Unforeseeable events such as natural disasters or sudden market changes are not considered in supply analysis as they are outside of the control of producers and suppliers.
Consumer demand: Supply analysis focuses on the factors that impact the production and supply of a good or service, not the factors that determine the demand for it.
Social and cultural factors: Social and cultural factors such as trends and fashion may impact demand for a good or service, but they do not typically affect the supply of it.
In conclusion, supply analysis is concerned with factors such as production costs, technological advancements, resource availability, and government policies that directly impact the quantity of a good or service that will be produced and supplied.
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how has microsoft responded to competitive threats and opportunities in the past? what patterns do you see?
In the past, Microsoft has responded to threats and possibilities from rivals. The company uses a variety of channels to reach its customers and promote its products. The homepage and country pages are used to advertise products through attractive promotions and discounts.
What are the competitive threats?
Competitive threats can range from disrupting the supply chain to creating new businesses. If the competitor you are analyzing offers something similar to your product or offering, these threats may be similar to yours. This threat may come from new competitors or an existing competitor may release a new product or update that in some way overwhelms you. If you don't respond to this threat quickly, it could eat away at your customer base and hurt your business. According to a global strategist and author, Prof. Pankaja Ghemawata, the main threats to sustainability are imitation, substitution, congestion and stagnation. Imitation is inevitable as successful companies come under scrutiny from competitors.
The low level of aid poses a threat to companies in the sector. Competition: Strong competition threatens the companies in the industry.
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packard will not raise the prices of its personal computers without first considering how dell might respond. this is evidence of
Packard will not raise the prices of its personal computers without first considering how Dell might respond. This is evidence of price fixing.
A price fixing agreement (written, verbal, or inferred from action) among rivals to raise, reduce, maintain, or stabilize prices or price levels is referred to as a price fixing agreement.
Horizontal price fixing occurs when rivals agree to increase, reduce, or stable their pricing. For example, a horizontal agreement between two competing fast-food establishments that sell hamburgers on the retail pricing of cheeseburgers is prohibited under antitrust rules.
A price fixing agreement between rivals is an agreement to raise, fix, or otherwise maintain the price at which their goods or services are sold. It is not required for competitors to agree to charge the same price or for every competitor in a specific industry to join the conspiracy.
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a private not-for-profit performing arts center receives the following three donations: a gift of $90,000 which is unrestricted. a gift of $125,00
This performing arts center received two generous donations. The first is an unrestricted gift of $90,000. This means that the donor has given the center the freedom to use the funds for whatever purpose it deems most beneficial.
The second donation is for $125,000. This is a restricted gift, meaning that the donor has determined how the funds are to be used. The center must use the money for the purpose stated by the donor, otherwise it may not accept the donation. Both of these donations are incredibly generous and will greatly help the Center to continue to provide high quality programming and educational opportunities to the community.
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The given question is incomplete. Here is the complete question. How will a private not-for-profit performing arts center receives the following three donations: a gift of $90,000 which is unrestricted. a gift of $125,000.
what does scrum advice a team do with the product backlog items it chooses to bring into the sprint?
Scrum advises a team to work on refining and developing the product backlog items it chooses to bring into the sprint, by breaking them down into smaller and more manageable tasks.
The team then prioritizes these tasks based on the priorities set for the sprint and assigns them to individual team members for completion during the sprint. This helps the team to ensure that the items chosen for the sprint are delivered to a definition of done by the end of the sprint, and that the sprint goal is achieved.
In Scrum, the team chooses product backlog items to bring into the sprint and is advised to ensure that the items are "Ready" and can be delivered within the sprint time-box. The team is expected to refine, estimate, and prioritize the items as necessary, so that they can create a sprint goal and a plan for delivering the desired functionality. The team should also work together to determine the best approach to delivering the items, and to ensure that all necessary tasks and activities are accounted for in the sprint plan.
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in what ways does the company reflect the diversity of national cultures?
In a polite manner a company reflect the diversity of national cultures. When a certain area of the business requests a product or service that is generally provided elsewhere, it is provided.
A company or entrepreneurial entity that engages in business, industrial, or professional activity is referred to as a business. Both for-profit and nonprofit organisations can operate as businesses. Limited liability firms, corporations, partnerships, and sole proprietorships are all examples of different business structures. While some firms operate as tiny operations in a particular industry, others are massive operations that span a variety of industries globally. Before operations start, businesses frequently need business strategies. A business plan is a formal document that includes the strategies and plans the firm will use to accomplish its goals and objectives as well as the aims and objectives of the organisation. When you need to borrow money to start your business, business plans are crucial.
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is the discount rate the same as the implicit interest rate?
The discount rate is not same as the implicit interest rate Unless it is impossible to identify that rate, the implicit rate in the lease is the discount rate for the lessee.
Implicit discount rates (IDRs) are a reflection of environmental barriers, predictable (ir)rational behavior, and preferences. • Directed and reactive policies can be created using the IDRs' underlying drivers. • IDRs in energy models ought to differ based on household and technological traits.
An implicit interest rate is one that is not expressly stated in a business transaction. Any accounting transaction including a stream of payments stretched over several future periods must include an interest rate, even if there is no rate indicated in the underlying business contract.
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What is Business Intelligence?
Business intelligence (BI) alludes to the procedural and specialized framework that gathers, stores, and examines the information delivered by an organization's exercises
Business intelligence (BI) is an expansive term that envelops information mining, process examination, execution benchmarking, and graphic investigation. BI parses every one of the information created by a business and presents simple to-process reports, execution measures, and patterns that illuminate the board choices. Overall, to go with more awful choices than if they would be wise to data. Makers of monetary models perceive this as "trash in, trash out."
BI endeavors to tackle this issue by dissecting current information that is undeniably introduced on a dashboard of speedy measurements intended to help better choices. Business intelligence systems assist the association with breaking down the business trends and to find the issues that happen in the business that is expected to be analyzed.
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explain how some of the ancient civilizations described in this module conduct business in order to make a profit.
To make a profit, ancient societies employed a variety of bartering commercial strategies.
The Indus Valley civilization's traders traded goods with other cultures in order to profit. For instance, they would buy and trade jewellery, ceramics, and other items. Bartering served as a way of profit for merchants in classical Greece. They would trade goods like textiles and spices for goods like olive oil, wheat, and animals. In certain cases, a company's objective wasn't to make a profit. Ancient Egypt employed commerce to maintain its national economy. Merchants would buy and sell goods to raise money for the armed forces, religious institutions, and the government. Merchants were also employed by the ancient Chinese government to support it by supplying goods and services. They would also pay taxes, which would benefit the government. The first permanent settlements that laid the groundwork for later governments, nations, and empires are referred to as "old civilizations."
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What type of business entity is most independent of its owners, the shareholders? (Select the best choice below.) O A. Entrepreneurship. O B. Partnership. O C. Corporation. O D. Sole Proprietorship.
A corporation is a business entity which is the most independent of its owners, that is the shareholders. Thus, option C is correct.
A corporation is defined as an organization, usually a company or a group of people, which is authorized by the law to act as a single entity. The entity is formed for the sole purpose of operating profits.
In a corporation, the owners have limited liability and the business is considered a separate legal entity from its owners. This means that the owners' personal assets are typically protected from the debts and obligations of the corporation.
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If a shareholder wanted to know how money flowed into and out of the company, which financial statement would the shareholder use?
a. income statement
b. statement of cash flows
c. balance sheet
d. statement of retained earnings
If a shareholder wanted to know how money flowed into and out of the company, statement of cash flows financial statement would the shareholder use.
Anyone who holds stock in a corporation whether they are an individual, business, or institution is a shareholder. One share is the minimum amount that a shareholder of a firm may own. As residual claimants on the earnings of a company, shareholders may be eligible for capital gains and/or dividend payments. An individual or legal entity registered by a company as the legitimate owner of shares of the share capital of a public or private corporation is referred to as a shareholder. Members of a company are sometimes used to refer to stockholders. A shareholder is an individual or organisation that has contributed funds to a business in exchange for a "share" of ownership. Shares of ordinary or preferred stock issued by the corporation and owned by the shareholder serve as a representation of such ownership.
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To what extent did sears use a total Quality Management perspective in running the business
Sears, Roebuck and Company, commonly called Sears,was founded in 1892 to sell one product—watches
Other than its long history as one of North America's largest retailers, Sears, Roebuck and Co., a wholly owned subsidiary of Sears Holdings Corp., has something to brag about.
After an eight-year effort, the company registered its product repair centers' and in-home service's quality management systems (QMS) to ISO 9001.
Sears sells a wide range of home goods, apparel, and automotive products and services through over 2,400 Sears-branded and affiliated stores in the United States and Canada, including approximately 926 full-line and 1,100 specialty stores.
With over 14 million repairs performed each year, Sears is the largest national provider of product repair services. The company, headquartered in Hoffman Estates, Illinois, employs approximately 201,000 people in the United States.
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Question 2 Which quality management concept takes place throughout the entire project lifecycle and focuses mainly on audits and testing during the development process?Quality assuranceQuality planningQuality standardsQuality control
The quality management concept which takes place throughout the entire project life cycle and focuses mainly on audits and testing during the development process is quality standards.
The intricacies of the rules, regulations, norms, and features that goods, services, and procedures must continuously satisfy to guarantee that their quality meets requirements are known as quality management standards. They are suitable for the job. They fulfil their users' demands.
Audits are carried out to give stakeholders, including investors, the assurance that a company's financial reporting are correct. Additionally, audits give authorities the confidence that a business is abiding by the necessary legal and regulatory requirements.
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maria lopez owns a sole proprietorship. based on the __________ assumption, she does not use her business checking account to pay her own personal bills.
Maria lopez owns a sole proprietorship. based on the separation of personal and business finances assumption, she does not use her business checking account to pay her own personal bills.
This is because it is important for her to maintain a clear distinction between her personal finances and the finances of her sole proprietorship for tax and liability purposes.
Maria Lopez owns a sole proprietorship, which means she is the sole owner of her business and is personally responsible for its debts and obligations. As a sole proprietorship, Maria Lopez's business and personal finances are not separate entities.
By keeping her personal and business finances separate, Maria Lopez can ensure that she accurately tracks the income and expenses of her sole proprietorship, and can make informed decisions about the financial health of her business.
It also helps her to avoid commingling of funds, which can create confusion and make it difficult to determine the true financial state of her sole proprietorship.
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in which of the follwing choices are oth the stock and options positions on tdifferent sides of the market
In the following choices both the stock and options positions on the same side of the market:
Long call/short stockLong put/short stockStock in finance refers to all of the shares that make up a corporation's or company's ownership. Based on the total number of shares, a single share of stock represents fractional ownership of the company. This often entitles the shareholder to a percentage of the company's earnings, cash from asset sale, or voting power, which is commonly divided in accordance to the amount of money each stockholder has invested.
Certain classes of stock may be issued without voting rights, with improved voting rights, or with a specific priority to earn profits or liquidation proceeds before or after other classes of shareholders.
The complete question is:
In which of the following choices are both the stock and options positions on the same side of the market?
I. Long call/short stockII. short call/ long stockIII. long put/short stockIV. short put/short stockTo learn more about stocks, here
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sam has been asked to come up with ways to showcase the value of his company's newest products. he has determined that a public relations campaign is the best method to use. sam's job is focusing on the marketing mix element known as
The answer is Promotion, Sam's job is focusing on the marketing mix element known as promotion.
What does promotion mean exactly?Promotions are the collective group of actions that are taken to inform consumers about a given good, service, or brand. The purpose is to increase consumer awareness, draw in customers, and persuade them to choose this product over competing ones.
Describe a promotion example.Examples of often used sales promotions include handing out coupons or vouchers, temporarily lowering costs through discounts, sampling, offering freebies, holding flash sales or buy-one-get-one-free deals, and many more.
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_____ is high when customers have many choices and low when they have few choices. a. Buyer power b. Threat of new services c. Rivalry among existing customers d. Risk of substitute product
Buyer power is high when clients have numerous options and low when they have not many options. Hence option (A) is correct.
Buyer power demonstrates the force of buyer to apply tension on the business to give them top notch merchandise. It is high when clients have numerous options and low when they have not many options.
The capacity of an individual, gathering, or organization to purchase things, or how much cash they have accessible to spend: Any opponent is probably not going to contact the purchasing force of such a huge enterprise.
Buyers have the ability to impact cost and the amount of items sold. Strong purchasers can deal on volume or exchanging expenses or they can track down substitute items.
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true or false? business accelerators allow entrepreneurs to stay for long periods of time.group of answer choices
False. Entrepreneurs receive temporary resources and help from business accelerators, which typically span from a few months to a year.
Entrepreneurs can work on their enterprises in a supportive and collaborative atmosphere for a set period of time, generally several months, with the help of business accelerators. Business accelerators help entrepreneurs construct and launch a minimal viable product, verify their ideas rapidly, and receive mentoring and advice from seasoned business owners and subject matter experts. Startups are anticipated to go to the following stage of their development following the acceleration phase, either by obtaining further money, expanding their firm, or changing course. Business accelerators don't enable entrepreneurs to remain for extended periods of time; rather, they focus on giving them the tools and assistance they need to launch their companies as rapidly and effectively as possible.
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The trial balance of Dunn Service Center, Inc., on March 1, 2018, lists the entity’s assets, liabilities, and stockholders’ equity on that date.Account Title Debit CreditCash.......................................Accounts receivable................Accounts payable ...................Common stock.......................Retained earnings...................Total ......................................$26,0004,500$30,500$ 2,00010,00018,500$30,500BalanceDuring March, the business completed the following transactions:a. Borrowed $45,000 from the bank, with Dunn signing a note payable in the name of thebusiness.b. Paid cash of $40,000 to a real estate company to acquire land.c. Performed a service for a customer and received cash of $5,000.d. Purchased supplies on credit, $300.e. Performed a service for a customer and earned $2,600 of revenue on account.f. Paid $1,200 on account.g. Paid the following cash expenses: salaries, $3,000; rent, $1,500; and interest, $400.h. Received $3,100 on account.i. Received a $200 utility bill that will be paid next week.j. Declared and paid a dividend of $1,800.Requirements1. Use the T-account format to create the following accounts and balances:■ Assets—Cash, $26,000; Accounts Receivable, $4,500; Supplies, no balance; Land, nobalance■ Liabilities—Accounts Payable, $2,000; Note Payable, no balance■ Stockholders’ Equity—Common Stock, $10,000; Retained Earnings, $18,500; Dividends,no balance■ Revenues—Service Revenue, no balance■ Expenses—(none have balances) Salary Expense, Rent Expense, Interest Expense, Utilities Expense2. Journalize the preceding transactions. Key the journal entries by transaction letter.3. Post the transactions from the journal to the ledger and compute the balance in each account afterall the transactions have been posted.4. Prepare the trial balance of Dunn Service Center, Inc., at March 31, 2018.5. To determine the net income or net loss of the company during the month of March, prepare asingle-step income statement for the month ended March 31, 2018. List the expenses in orderfrom the largest to the smallest.
In March 2018, Dunn Service Center had $26k cash, $4.5k accounts receivable, $2k accounts payable, $10k common stock, and $18.5k retained earnings. The company had various transactions during the month, resulting in a net income of $2,700.
(1)T-accounts setup:
Assets:
Cash: $26,000
Accounts Receivable: $4,500
Supplies:
Land:
Liabilities:
Accounts Payable: $2,000
Note Payable:
Stockholders’ Equity:
Common Stock: $10,000
Retained Earnings: $18,500
Dividends:
Revenues:
Service Revenue:
Expenses:
Salary Expense:
Rent Expense:
Interest Expense:
Utilities Expense:
(2)Journal entries:
a. Dr. Note Payable: $45,000
Cr. Cash: $45,000
b. Dr. Cash: $40,000
Cr. Land: $40,000
c. Dr. Cash: $5,000
Cr. Service Revenue: $5,000
d. Dr. Accounts Payable: $300
Cr. Supplies: $300
e. Dr. Service Revenue: $2,600
Cr. Accounts Receivable: $2,600
f. Dr. Accounts Payable: $1,200
Cr. Cash: $1,200
g. Dr. Salary Expense: $3,000
Cr. Cash: $3,000
Dr. Rent Expense: $1,500
Cr. Cash: $1,500
Dr. Interest Expense: $400
Cr. Cash: $400
h. Dr. Cash: $3,100
Cr. Accounts Receivable: $3,100
i. Dr. Utilities Expense: $200
Cr. Cash: $200
j. Dr. Retained Earnings: $1,800
Cr. Dividends: $1,800
(3)Posting to T-accounts:
Assets:
Cash: $28,000
Accounts Receivable: $3,200
Supplies: $300
Land: $40,000
Liabilities:
Accounts Payable: $3,400
Note Payable: $45,000
Stockholders’ Equity:
Common Stock: $10,000
Retained Earnings: $16,700
Dividends: $1,800
Revenues:
Service Revenue: $7,600
Expenses:
Salary Expense: $3,000
Rent Expense: $1,500
Interest Expense: $400
Utilities Expense: $200
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How would miscellaneous supplies used in assembling a product be classified for a
manufacturing company?
A) Variable, product cost.
B) Variable, period cost.
C) Fixed, period cost.
D) Fixed, product cost.
A product be classified for a fixed, period cost manufacturing company. One of two categories of company expenses is fixed costs. Variable costs are the other.
Fixed costs are outlays a business incurs that are independent of production levels. One instance is rent. There are some taxes that are fixed costs as well, such as company licences. You should be cautious when introducing fixed costs to your small business since you must pay them regardless of how much you sell. Although they occasionally can be semi-variable expenses, period costs are generally regarded as periodic fixed expenses. For instance, you get a monthly utility payment that has nothing to do with your output.
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acme manufacturing owns a warehouse that it is not currently using. it could sell the warehouse for $300,000 or use the warehouse in a new project. should acme manufacturing include the value of the warehouse as part of the initial investment in the new project or treat the value of the warehouse as a sunk cost? yes, include the value of the warehouse as part of the initial investment in the new project. no, treat the value of the warehouse as a sunk cost.
Based on the provided information, Acme Manufacturing should include the value of the warehouse as part of the initial investment in the new project. (Option A)
Initial investment refers to the amount required to start a project or business. It is also known as initial investment outlay. It is the sum of capital expenditures, working capital requirement, and after-tax proceeds from assets disposed off or available for use elsewhere. It is investment that occurs at time zero. Capital expenditures refers to acquisition of land, machinery, tools, etc.
In the given scenario, Acme manufacturing owns a warehouse that is not currently under used. The Acme manufacturing can use the warehouse in a new project and include the value of the warehouse as part of the initial investment as it is equivalent to the acquisition of land.
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a one-year put option on the stock with a strike price of $40 costs $4. suppose that a trader buys 2 put option. the breakeven stock price below which the trader makes a profit is:
When the stock price is $32 the two call options provide no payoff. The total cost of the options is 2×4 or $8. The stock price in D, $32, is therefore the breakeven stock price below which the position is profitable because stock price below.
For each share issued by a corporation that is publicly traded, a stock price is a given. What the public will pay for a share of the company reflects the worth of the company in the price. The share price of a firm is decided by supply and demand in the market once it becomes public and its shares begin trading on a stock exchange. The price of its shares will rise if there is a significant demand for them. Market forces affect stock prices every day. By saying this, we infer that supply and demand determine fluctuations in share prices. When there is a greater demand (buyers) than supply (sellers) for a stock, the price rises.
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determine the 2019 value of the 1979 minimum wage if it had grown at the same rate as the ceo compensation
Since the early 1970s, wages in the US have remained unchanged. Workers' earnings increased by 17.5% between 1979 and 2020, but productivity increased by 61.8%, more than three times as quickly.
What benefits does a CEO get?The CEO of a corporation typically earns the most money. Along with your base pay, you may be eligible for bonuses, stock options, and benefits like a corporate car, country club membership, free or discounted housing, among others.
According to Lawrence Mishel, a senior scholar at the Economic Policy Institute, CEO pay comprises of wages, as well as highly profitable bonuses, long-term incentives, and, most crucially, stock options, which account for over 85% of CEO remuneration.
Thus, Since the early 1970s, wages in the US have remained unchanged.
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corning, inc. transforms a blend of materials to create optical fiber capable of carrying much of the telephone traffic in the united states on a single strand. it is an example of an organizational buyer in which market?
A commercial area. Operating in the industrial sector, Corning, Inc. produces optical fibre that can carry a significant portion of the phone traffic in the US on a single strand using a complex mixture of materials.
Operating in the industrial sector, Corning, Inc. produces optical fibre that can carry a significant portion of the phone traffic in the US on a single strand using a complex mixture of materials. They operate in the B2B sector, and the goods they produce will be used extensively throughout the US. In contrast to the B2C industry, where we deal with individual clients, the B2B market is completely different. However, the industrial market is where we deal with the commercial sector, where people use the product to create their own goods. A commercial area. Operating in the industrial sector, Corning, Inc. produces optical fibre that can carry a significant portion of the phone traffic in the US on a single strand using a complex mixture of materials.
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