If you are relying on self-control, commitment, and shared influence to manage your team then you are using the structural control known as clan control.
What is clan control ?Clan control is an indirect form of control that motivates employees to work toward an organization's objectives by utilizing common expectations, beliefs, and social norms. This type of control, which frequently ties into corporate culture, encourages employees to strive toward the organization's objectives. Corporate retreats, group meetings, company publications, and opportunities for people to offer comments about the firm are policies that may have an impact on clan control.
The majority of clan control businesses rely on cooperation and mutual understanding amongst employees. There is constant contact within clan control. Employees can speak with anyone, regardless of their position, to address problems that directly affect them, much like how families operate, where the older members provide guidance to the younger members. Clan control also makes sure that management meets the requirements of the workforce. In businesses that value collaboration, this management approach is particularly effective.
To know more about, clan control, visit :
https://brainly.com/question/14761177
#SPJ4
according to the proposed guidelines for the use of instruction, modeling, and physical guidance, what behavioral principle is used with all three procedures?
Positive reinforcement, fading, and shaping are those behavioral principles used with all three procedures according to the proposed guidelines for the use of instruction, modeling, and physical guidance.
The idea behind positive reinforcement is that by reinforcing desired actions in pupils, they will be more likely to behave in accordance with our expectations. If a behavior is reinforced, it will probably continue over time. According to behaviorism, all behaviors are acquired through interactions with the environment. According to this learning theory, environmental variables such as upbringing have a far less important role in determining behavior than intrinsic or inherited traits.
Situational inducement is the process of changing behavior by utilizing circumstances and situations that have previously exerted power over it. Exercise keeps you physically and psychologically well; the more you exercise, the more benefits you receive. Regular physical activity for adults can lower the risk of, or assist in managing cardiovascular disease.
Learn to know more about Behavioral principle on
https://brainly.com/question/28224850
#SPJ4
having as many as possible is the objective of inventory turns. group of answer choices true false
The answer is false. The number of times a company's investment in inventory is recovered over the course of an accounting period is measured by inventory turns.
A high number often denotes improved sales effectiveness and a reduced chance of stock loss. By dividing a company's cost of sales, or cost of goods sold (COGS), by the average value of its inventory for the same time period, inventory turnover calculates how well a company accounting uses its inventory. For the majority of sectors, a reasonable inventory turnover ratio is between 5 and 10, which means that you should sell and replenish your inventory every one to two months.
To learn more about inventory, click here.
https://brainly.com/question/14184995
#SPJ4
consider the following: net income, $95,000 depreciation expense $11,000 increase in accounts receivable, $4,000 decrease in merchandise inventory, $20,000 decrease in accounts payable, $8,000 increase in income taxes payable, $3,000 using the indirect method, the net cash provided by operating activities was:
The cash flow from operating activities is $224,000
What is operating activities?Operating activities, investment activities, and financing activities are the three categories into which the cash flows are divided in the statement. The section on cash flow from operating activities demonstrates how a company received and disbursed funds to carry out its essential operations. The routine tasks a business performs to produce and sell its goods, generate money, as well as perform general administrative and maintenance tasks, are referred to as operating activities. Manufacturing, sales, advertising, and marketing activities are some of a company's main operating activities. The amount of money a company earns from its ongoing, regular business activities, such as producing and selling products or offering customers a service, is known as cash flow from operating activities (CFO).Operation activities= net income + Depreciation expense-Accounts Receivable-Inventory increased + Prepaid Expenses- Accounts Payable + sale of equipment
( $252,000+ $26,000- $15,000- $40,000+ $2,000- $4,000+ $3,000)
= $224,000
Hence, The cash flow from operating activities is $224,000
The complete question is,
A company had net income of $252,000. Depreciation expense is $26,000. During the year, Accounts Receivable and Inventory increased by $15,000 and $40,000, respectively. Prepaid Expenses and Accounts Payable decreased by $2,000 and $4,000, respectively. There was also a loss on the sale of equipment of $3,000. How much cash was provided by operating activities?
To learn more about operating activities refer to:
https://brainly.com/question/25530656
#SPJ4
well-designed stock option-based compensation plans should have the option strike prices substantially lower than the current stock prices. a. true b. false
Well-designed stock option-based compensation plans should have the option strike prices substantially lower than the current stock prices.
FALSE
Inventory includes the shares of which possession of an organization or organization is split. A single share of the stock means fractional possession of the organisation in share to the overall number of shares
Stock are an funding meaning you very own a proportion within the enterprise that issued the stock. honestly put, stocks are a manner to construct wealth. that is how normal human beings invest in a number of the maximum a success companies within the international. For groups, shares are a way to elevate money to fund growth, products and different initiatives.
Learn more about stock here:https://brainly.com/question/25765493
#SPJ4
a company reports the following balances on their balance sheet given this information, what is the current balance in the common stock account?
The current balance in the common stock account is 23,000
Liabilities plus owner equity equal assets. The fundamental formula used to determine whether your balance sheet is actually "balanced" after all of your assets, liabilities, and equity have been recorded. Your sheet is balanced if the total on both sides of the equal sign is the same. A company's assets and the corresponding claims against those assets are listed on the balance sheet. The impact of transactions on stockholders' equity during an accounting period are described in the statement of changes in stockholders' equity.
In the balance sheet's assets section, current assets are listed first.
(Competed question)
A company reports the following balances on their balance sheet:
Assets $75,000
Liabilities 35,000
Retained Earnings 17,000
Given this information, what is the current balance in the common stock account?
learn more about current balance visit https://brainly.com/question/13276954
#SPJ4
their plan seems reasonable and supported by experience and lessons learned. deborah wants to get budget approval at the city council meeting next week and then get started. she asks if you are ready to sign your contract. what is your response?
The response should be signing the contract. It's because based on the case above, the person we're contracting with (Deborah) is experienced and has built a good plan, so there's no reason not to sign the contract.
A risk is any condition or event that might affect a project. The existence of risk makes any project not have a guaranteed outcome, it can either succeed or fail.
Even so, the risk in a project can be reduced. Having a reasonable and good plan is one way, so we can know what are we going to do step by step. Having experience is a big help as well because the experience will help you know what to do in certain situations.
Learn more about risk management planning at https://brainly.com/question/13813417
#SPJ4
Suppose that an economy with flexible wages and prices is in long-run equilibrium when the central bank contracts the money supply. What is the long-run effect on real output in the economy?.
Long run on effect Real output is unchanged.
An economy is a region where goods and services are produced, distributed, traded, and consumed. It is generally understood to be a social domain that places an emphasis on the behaviors, discourses, and material manifestations connected to the creation, utilization, and management of finite resources.Traditional economies, command economies, mixed economies, and market economies are the four main types of economic systems.
In the long run, real GDP returns to the level of output associated with full employment, and the unemployment rate is equal to the natural rate.
The following factors can result in an increase in LRAS or prospective growth: larger capital. for instance, investing in brand-new factories or constructing telecommunications and road infrastructure. increased birth rate and working population growth, such as through immigration.
Learn more about to Money Supply visit here
‘
https://brainly.com/question/1456933
#SPJ4
Explain the Consumer Price Index? (who uses it, how many products are tested) and what is
current inflation rate of the United States?
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas.
The annual inflation rate for the United States is 7.7% for the 12 months ended October 2022 after rising 8.2% previously, according to U.S. Labor Department data published Nov. 10.
A purchaser is someone or a set who intends to reserve, or uses bought goods, products, or services in general for private, social, family, family and similar desires, who isn't always directly associated with entrepreneurial or commercial enterprise sports. The time period maximum typically refers to someone who purchases goods and offerings for private use.“customers, by definition, include us all," stated President John F. Kennedy, providing his definition to the us Congress on March 15, 1962. This speech became the basis for the creation of worldwide consumer Rights Day, now celebrated on March 15. In his speech : John Fitzgerald Kennedy mentioned the indispensable duty to clients from their respective governments to help workout clients' .
Learn more about Consumers here
https://brainly.com/question/380037
#SPJ1
why do some consumers feel upset about the fact that businesses are collecting their personal information?
When personal data is exploited or insufficiently protected, it can lead to identity theft, financial fraud, and other issues .
What are the issues that arise from personal data collection? Exorbitant cost of data compliance. Who is in charge of ensuring that data protection laws are followedData breach riskWide personal data definition It is impossible to totally remove the risk of a data breach.The ability to gain a deeper understanding of how their customers act online, define their general demographics, and pinpoint opportunities to enhance the customer experience is perhaps the main reason why so many businesses gather consumer data.To learn more about Data breach refer,
https://brainly.com/question/27887082
#SPJ4
3. refer to the data below. if the firm is hiring workers under purely competitive conditions at a wage rate of $10, it will employ:
Based on the given data, if the firm is hiring workers under purely competitive conditions at a wage rate of $10, it will employ 5 workers
What is Marginal Revenue?This refers to the income gained by selling one additional unit of a given product.
Hence, it can be seen that the number of workers the firm will employ will be calculated using the relationship of MRP= MRC.
Where
MRP is the marginal revenue product MRC is the marginal revenue cost.Thus, the labor demand curve of a purely competitive seller: slopes downward because the marginal product of successive workers declines, and thus, they would employ 5 workers.
Read more about marginal revenue here:
https://brainly.com/question/13444663
#SPJ1
if the total utility from consuming seven units of a product is 336 and the marginal utility of a eighth unit is 16, then the total utility from consuming eight units would be
The sum of the utils gained from each unit of consumption is the total utility. Each unit of consumption in the equation should have a little decreased utility as more units are eaten.
To maintain a high standard, we examine their content and incorporate your suggestions. Text version of the image: The total utility from consuming eight units of a product would be Multiple Choice 320 if the total utility from consuming seven units of that product is 336 and the marginal utility of an eighth unit is 16. Total utility rises, but at a reducing pace, until it hits a peak, at which point it starts to fall. As total utility rises, marginal utility falls.
Learn more about consumption here-
https://brainly.com/question/989103
#SPJ4
a manufacturing process requires 12 minutes of labor to make 10 units of product. which of the following actions will increase productivity? 1. increase labor per 10 units of production 2. decrease labor per 10 units of production 3. increase number of units per 10 minutes of labor 4. decrease number of units per 12 minutes of labor
Decrease labor per 10 units of production and decrease the number of units per 12 minutes of labor will increase productivity
Labor productivity is a measure of a country's hourly output. It tracks the amount of real GDP (gross domestic product) produced by an hour of labor. Labor productivity growth is determined by three major factors: saving and investment in physical capital, new technology, and human capital.
Labor productivity is calculated as output per labor hour. Labor productivity is largely driven by capital investment, technological advancement, and human capital development.
Businesses and governments can boost worker productivity by directly investing in or creating incentives for improvements in technology and human or physical capital.
For more information on labor productivity, visit :
https://brainly.com/question/29023798
#SPJ4
a company that has a lot of resources (that is, capital or money), expertise, and market experience, is more likely than smaller, less well-endowed firms to practice which target marketing strategy?
A corporation using differentiated marketing creates marketing strategies that appeal to at least two different target audience segments.
A differentiated target marketing strategy: what is it?A differentiated targeting strategy, which is frequently referred to as segmented marketing, is created to identify and concentrate on major target categories that have the greatest potential value for your company. The objective then becomes creating unique market targeting methods for each of your primary objectives. A "different" market that is interested in purchasing a certain kind of goods is the focus of differentiated marketing. For instance, a company selling organic dog food is trying to attract a certain demographic, one that is environmentally sensitive, animal-loving, and health conscious. Marketing, packaging, pricing, and product design are examples of differentiating factors.
To learn more about differentiated refer to
https://brainly.com/question/29216609
#SPJ4
Money neutrality suggests that an increase in the money supply leads to _____ in price level and inflation and _____ in real gdp.
Money neutrality suggests that an increase in the money supply leads to an increase in price level and inflation and cause no change in real GDP.’
Money Exchange equation
M×V=P×Y
When there is an increase in the money supply with no corresponding increase in output he price level changes by the same amount as the change in the money supply. In other words, even while output remains unchanged, as the money supply doubles, so does the price level.
Real GDP, also known as "constant-price," "inflation-corrected," or "constant-dollar GDP," is a measure of a nation's GDP that accounts for inflation. Real GDP and the money supply don't necessarily go hand in hand. Increase in money supply does not change the real GDP.
For more questions like Money supply click the link below:
https://brainly.com/question/15487543
#SPJ4
marketing, celebrity endorsement, and market share - are there relationships in the bsg among these three factors?
Business Simulations Games (BSG) are the games played by businessmen to manage the economic process. As business simulations are now aptly applicable in the real-world, big business tycoons now simulate business and marketing situations.
Economics focuses on the behavior and interactions of financial agents and the way economies paint. Microeconomics analyzes what's regarded as fundamental factors inside the economic system, which include person agents and markets, their interactions, and the outcomes of interactions. Person marketers may additionally encompass, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a device where production, consumption, saving, and funding have interaction, and elements affecting it: employment of the resources of labour, capital, and land, forex inflation, monetary boom, and public policies that have effect on those factors.
Learn more about economic here
https://brainly.com/question/17996535
#SPJ4
organizational change can often lead to improved performance if successful, yet many times change efforts might fail. what is the leading reason that change efforts fail? responses
Organizational change is the process through which a firm or business changes a key aspect of its structure, such as its culture, the operational infrastructure or supporting technology, or its internal procedures.Organizational change should be adaptive, the process of directing organizational change to a successful conclusion by making it adaptive is known as organizational change management, and it generally consists of three main phases: preparation, implementation, and follow-through. Common Reasons Organizational Change Fails :
1. Poor Planning Sets Up Organizational Change for Failure
2. Inadequate Support from Leadership
3. Lack of Resources
4. Priority Focus on Systems vs. People
5. Inadequate Change Leadership Skills
To Know more about Organizational Change :
https://brainly.com/question/28298012
#SPJ4
currently, about 53 % of municipal solid waste, as well as wastes from other sources, is disposed of by which method?
Currently, landfills are used to dispose of around 53% of municipal solid waste as well as waste from other sources.
The landfill technique of garbage disposal involves digging a sizable pit in an open, low-lying location that is often far from residential areas. Large trucks are used to collect the waste, which is then deposited into pits. The pits are filled to capacity, then covered with earth and allowed to rot.
Solid waste is disposed of in well-managed, well-engineered landfills nowadays. In order to assure compliance with federal rules, landfills are strategically placed, planned, operated, and monitored.
The options for the question are:
• Incineration
• Recycling
• Composting
• Landfills
Learn more about landfills method here:
https://brainly.com/question/17540800
#SPJ4
Jonathan is a photographer. He has been hired by a company to shoot an advertisement for their product. Which role does Jonathan play in the advertising process for the product? Jonathan plays the role of a in the advertising process for the product.
Jonathan is a photographer. He has been hired by a company to shoot an advertisement for their product. Jonathan plays the role of a consultant in the advertising process for the product.
What is a consultant?Generally, A professional who, in addition to providing advice, engages in additional activities that serve a purpose related to their area of expertise is known as a consultant. As a kind of contingent labor, consulting services are often classified as falling within the umbrella of professional services.
Consultants, who are often known as management consultants, assist businesses in dealing with change and finding solutions to issues in order to make such businesses run more effectively and, as a result, more financially.
In order to assist their client organizations in becoming more successful in their commercial endeavors, consultants provide them with guidance and knowledge.
In conclusion, Since Jonathan was brought in from outside the organization to do a particular task, I would classify him as a contract employee, sometimes known as a consultant.
Read more about consultant
https://brainly.com/question/2152826
#SPJ1
CQ
Jonathan is a photographer. He has been hired by a company to shoot an advertisement for their product. Which role does Jonathan play in the advertising process for the product? Jonathan plays the role of a ____ in the advertising process for the product.
discuss the choices the marketing manager must make in: pricing flexibility price level pricing over the product life cycle
B2B Market segmentation identifies specific target market segments to fine-track marketing, grow sales, and force product development. The distinction between the B2B marketplace and B2C marketplace is B2B stands for enterprise-to-enterprise, regarding a kind of transaction that takes place between one business and another. B2C stands for enterprise-to-consumer, as in a transaction that takes vicinity between an enterprise and a man or woman because of the quit customer.
To do marketing in pricing flexibility, price level, and pricing over the product life cycle, the manager can use the B2B market.
Business-to-business or also known as B2B marketing means the marketing of products or services to other businesses and organizations.
That question is not complete. The complete question is shown in the attachment.
Learn more about B2B market at https://brainly.com/question/28132013
#SPJ4
a sales invoice included the following information: merchandise price, $9,400; terms 1/10, n/eom; fob shipping point with prepaid freight of $405 added to the invoice. assuming that a credit for merchandise returned of $1,900 is granted prior to payment and that the invoice is paid within the discount period, what is the amount of cash that should be received by the seller?
The amount of cash that the seller ought to receive is $10404.
How is a discount payment calculated?Discounting a Single Payment The following formula is used to discount a single payment: PV = Payment / (1 + Discount) Periods As an illustration, a return of $30,000 in the first year can be discounted by 3% of inflation. Divide by 100 to get the inflation rate in decimal form, which is 0.03.
Companies frequently provide their clients with payment terms that include a discount if the invoice is paid within a predetermined number of days. For instance, payment terms of 2/10, n/30 permit you to reduce the payment by 2 percent if the invoice is paid within 10 days of the invoice date; Otherwise, you won't be eligible for any discounts if you don't pay the invoice in full within 30 days.
The initial invoice reflected a payment of $9,400.
The net balance is $12,000 less the $1,900 credit for the returned merchandise, or $10,100.
The amount of the payment shown on the invoice is $9999 if the invoice is paid during the discount period.
The final payment will be $10404 if you add the $405 in prepaid freight to the $9999.
Prepaid freight does not qualify for a discount because the freight vendor charges the actual cost.
Learn more about Discounting here:
https://brainly.com/question/7459025
#SPJ4
demand for cigarettes tends to be price inelastic. if the government increased the cigarette tax, what would likely happen?
Demand for cigarettes tends to be price inelastic. if the government increased the cigarette tax, Demand would be slightly lower but tax income would rise.
Cigarette use would decline as a result of an additional tax being added to the price, and tax receipts would rise. Additionally, smoking-related ailments would be less common as a result.
The additional tax money from the tax hike might be utilised to improve public services and make up for the existing financial shortfall of Taiwan's National Health Insurance programme. Taxes may be more onerous for consumers or producers, depending on the situation.
Because they are an addictive substance, cigarettes, for instance, have an inelastic demand, and taxes are primarily passed on to consumers as higher prices.
Tax incidence refers to the examination or manner of how the cost of a tax is distributed between consumers and producers.
To know more about Demand for cigarettes visit:
https://brainly.com/question/25557136
#SPJ4
g what does a rising yield curve mean to investors, according to the expectations theory? question 15 options: there will be a decrease in future short term rates. there will be a increase in future short term rates. there will be a increase in future long term rates. there will be a decrease in future long term rates.
The yield curve helps indicate the tradeoff between maturity and yield. If the yield curve is upward sloping, then to increase his yield, the investor must invest in longer-term securities, which will mean more risk.
What is maturity and yield?The main distinction between coupon rate and yield to maturity is that the coupon rate is constant over the course of the bond's life. The yield to maturity, however, fluctuates based on a number of variables, including the number of years to maturity and the price at which the bond is currently sold.
When an investment reaches its predetermined end date, called its maturity, it frequently results in the payment of a loan or bond, the purchase of a commodity or cash, or the fulfilment of some other payment or settlement term.
To learn more about maturity visit:
https://brainly.com/question/19116638
#SPJ4
using the allowance method, which is the correct adjusting journal entry to record bad debt expense? multiple choice question. debit bad debt expense and credit accounts receivable debit allowance for bad debt expense and credit bad debt expense debit bad debt expense and credit allowance for doubtful accounts debit bad debt expense and credit sales revenue
Using the allowance method, debit bad debt expense and credit allowance for doubtful accounts is the correct adjusting journal entry to record bad debt expense.
Debt is a responsibility that requires one birthday party, the debtor, to pay cash or other agreed-upon value to any other birthday celebration, the creditor. Debt is a deferred charge, or collection of bills, which differentiates it from a direct purchase.
Debt may be truly understood as the quantity owed by means of the borrower to the lender. Debt is the amount of money that is borrowed for a sure time period and is to be returned alongside the interest. the quantity in addition to the approval of the debt depends upon the creditworthiness of the borrower.
Learn more about debt here:https://brainly.com/question/1957305
#SPJ4
use the data in the table to answer the question. labor force unemployed frictional structural cyclical 260,000 44,000 23,000 12,000 9,000 calculate the natural rate of unemployment. enter your answer as a percentage rounded to two decimal places.
33.85% natural unemployment rate The frictional and structural unemployment in the economy are added to determine the natural rate of unemployment.
Natural unemployment rate
23, 000+44,000+9000 + 12, 000/260,000
88000/260, 000
0.3385
0.3385× 100 .
33.85
33.85% natural unemployment rate
The level of output in this economy is not at full employment.
To know more about the natural unemployment rate visit here :
https://brainly.com/question/14528273
#SPJ4
do you think the company is doing enough to limit the well-known risks and costs associated with high expatriate failure rates? is there anything else it might do?
The company is doing enough to limit the well known risk and costs associated with high expatriate failure rate.
Failure rate:
Failure rate refers the frequency with which an engineered system or component fails, expressed in failures per unit of time.
Given,
Here we need to find that the company is doing enough to limit the well-known risks and costs associated with high expatriate failure rates.
Here we think that the company is doing good enough and using their human resources fullest capacity to find potential prospects/managers to be able to successful in their host countries.
And they only select potential prospects/managers that have the ability to work cross functionally internationally/domestically and able to manage while abroad.
So, once the employee is overseas, they help with the expenses such as child’s school tuition, tax equalization, cultural training, and subsidized housing.
Then they will also increase their salaries from two to four times the employee’s salary.
Through this they also make sure that once they completed their overseas task, they are able to come back and readjusting to their old life after extended time in different culture.
To know more about Failure rate here.
https://brainly.com/question/13652179
#SPJ4
ohnstone company is facing several decisions regarding investing and financing activities. address each decision independently. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) 1. on june 30, 2021, the johnstone company purchased equipment from genovese corp. johnstone agreed to pay genovese $22,000 on the purchase date and the balance in five annual installments of $5,000 on each june 30 beginning june 30, 2022. assuming that an interest rate of 11% properly reflects the time value of money in this situation, at what amount should johnstone value the equipment? 2. johnstone needs to accumulate sufficient funds to pay a $520,000 debt that comes due on december 31, 2026. the company will accumulate the funds by making five equal annual deposits to an account paying 7% interest compounded annually. determine the required annual deposit if the first deposit is made on december 31, 2021. 3. on january 1, 2021, johnstone leased an office building. terms of the lease require johnstone to make 10 annual lease payments of $132,000 beginning on january 1, 2021. an 11% interest rate is implicit in the lease agreement. at what amount should johnstone record the lease liability on january 1, 2021, before any lease payments are made?
$55,233 is the amount should Johnstone value the equipment.
$94,698 is the required annual deposit if the first deposit is made on December 31, 2021.
$1,171,209 is the amount should Johnstone record the lease liability on January 1, 2021, before any lease payments are made.
Table values are based on
n= 5
i= 12%
Cash Flow Amount PV Factor Present Value
Installments $7,000.00 3.60478 $25,233
Down Payment $30,000.00 1 $30,000
Value of Equipment $55,233
Solution 2:
PV Factor based on
Table or Calculator function FVAD of $1
Future value $600,000
n= 5
i= 8.00%
FV factor 6.33593
Annual Deposit of $94,698
Solution 3:
PV Factor based on
Table or Calculator function PVAD of $1
Payment: $140,000
n= 20
i= 12.00%
PV factor 8.36578
Liability: $1,171,209
Liabilities are the legal debts an agent owes to 0.33-birthday celebration creditors. they could consist of accounts payable, notes payable, and bank debt. All businesses should tackle liabilities in order to operate and grow. Right stability of liabilities and fairness gives a stable foundation for a corporation.
Liabilities are any money owed to your agency, whether it is bank loans, mortgages, unpaid payments, IOUs, or every other amount of money that you owe someone else. if you've promised to pay someone an amount of cash within the destiny and haven't paid them, that is a legal responsibility.
Learn more about liability here: https://brainly.com/question/9503055
#SPJ4
chris and winsome are married and filed their taxes as married filing jointly. while filing their taxes, they determined that their total itemized deduction is $20,000. chris and winsome should
Chris and Winsome should use standard deductions higher than single deductions. Option B is the correct answer here.
A standard deduction is a specific amount that reduces the amount of your taxable income. Your deductible is the sum of your basic deductible and additional deductibles for old age and/or blindness.
Take the standard print as it is larger than the single print. According to the IRS, taxpayers can claim the greater of the two.
1) Single deduction
2) Standard deduction
To minimize the tax burden.
In 2019, the standard deduction for jointly filed marriages is $24,400
Although a single deduction is $20000.
In this case, a standard deduction must be made.
Complete question:
A. claim their itemized deduction for $20,000.
B. take the standard deduction since it is greater than their itemized deduction.
C. change their filing status to head of household so they can get a $36,000 deduction.
D. claim both their itemized and standard deduction.
To learn more about the standard deduction
https://brainly.com/question/3158031
#SPJ4
dover company owns 90% of the capital stock of a foreign subsidiary located in italy. dover's accountant has just translated the accounts of the foreign subsidiary and determined that a debit translation adjustment of $80,000 exists. if dover uses the fully adjusted equity method for its investment, what entry should dover record in order to recognize the translation adjustment?
The entry will be 72,000.
The fully adjusted equity technique is used to account for investment stakes held by businesses that have minority ownership interests in other businesses.
Other comprehensive Income - Translation adjustment - 72,000
Investment in Italian Subsidiary- 72,000
When enterprises hold a sizable minority stake in another business and have a considerable impact on its strategy and operations, the complete equity method is the accepted accounting practice. This influence typically corresponds to a minimum 20 percent and a maximum 50 percent ownership interest. Majority ownership requires more than 50% of the shares.
To know more about equity technique :
https://brainly.com/question/15397144
#SPJ4
grizzly company had retained earnings at december 31, 2022 of $300,000. during 2023, the company had revenues of $600,000 and expenses of $525,000, and the company declared and paid dividends of $16,500. retained earnings on the balance sheet as of december 31, 2023 will be:
Retained earnings on the balance sheet as of december 31, 2023 will be 358,500.
Retained earnings are a company's current profits minus any dividends or other distributions made to shareholders. Every time an accounting entry is made that has an effect on a revenue or expense account, this sum is modified. A substantial retained earnings balance indicates a stable financial situation for the company.
In order to use its retained earnings to finance more business expansion in areas like working capital, capital expenditures, acquisitions, research & development, and marketing, a rising company typically avoids paying dividends.
Beginning retained earnings, net income, and ending retained earnings are added to determine ending retained earnings, which is then subtracted from dividends paid.
= 300,0000 + (600,000-525,000) - 16,500
= 300,000 + 75,000 - 16,500
= 358,500
To know more about Retained earnings visit:
https://brainly.com/question/14156696
#SPJ4
Why is the interest rate one of the biggest factors when calculating the financial charges on credit cards?
In a loan, the interest rate is considered as the biggest factors in calculating finance charges because the interest rate adds a percentage of money not already spent to pay towards the credit cards if not paid in full each month.
What is an interest rate in loan?The term "interest rate" is a rate that tells you how high the cost of borrowing is or high the rewards are for saving. As a borrower, an interest rate is the amount you are charged for borrowing money which is shown as a percentage of the total amount of the loan.
In a loan, the finance charge means the total cost of borrowing money which includes the interest paid and any service fees by the lender which is why the interest rate is a big factor in calculating finance charges of credit cards.
Read more about interest rate
brainly.com/question/25816355
#SPJ1
