Option d.) increases assets does not affect equity increases liabilities is the correct answer as, this is because the debt will also increase. Because assets need to be balanced against liabilities and equity, it is useful for issuing installment certificates against cash.
Borrowing money from a bank increases a company's cash position, thereby increasing its balance sheet. In addition, the liability account, bills payable, increases as the company borrows money from the bank. When a company borrows money from a bank, the amount received is recorded as a cash debit and credited to liability accounts such as bills payable and loans payable recorded on the company's balance sheet.
All's assets are everything owned by the company. Liabilities and equity are what your company owes to third parties and owners. The golden rule of accounting to balance the books is that assets equal liabilities and equity.
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in the late 1990s, the worldwide vitamin cartel with over $5 billion of sales included (select all that apply):
'in the late 1990s, the worldwide vitamin cartel with over $5 billion of sales included Coca-Cola.
The vitamin cartel is the most comprehensive and damaging criminal cartel conspiracy The Division has ever uncovered. Members of the vitamin cartel agreed on how much product each company would produce, how much it would charge, and the customers it would sell to. Its discoverer was Casimir Funk, considered the "Father of Vitamin Therapy".
The role vitamin D plays in so many bodily functions and the alarming number of people who are deficient in vitamin D make it the most important vitamin for the whole body and we may not be getting enough of it. is higher.
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a large organization in atlanta, ga is coordinating all of their promotional messages to ensure consistency. what is this process called? question 2 options: a) aida concept b) integrated marketing communications c) the selling process d) promotional mix
In Atlanta, Georgia, a large organization is organizing all of its advertising communications to maintain uniformity. This procedure is known as integrated marketing communications. Thus, the correct option is (b) integrated marketing communications.
What is integrated marketing communications?A strategy for ensuring that all brand encounters received by a consumer or prospect for a product, service, or organization are relevant to that individual and consistent over time. These include advertising, direct marketing, web marketing, sales promotion, and public relations.
Coke's'share a coke with' campaign, which leveraged cohesive messaging across TV, Social, Outdoor, and Display, resulted in a 7% increase in Coke consumption by the target demographic, making it one of the most successful Coke ads in history.
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janet recently learned that her credit card company charged her an unauthorized amount of 94 cents on her credit card bill. she reviewed the matter and determined that this charge had been made on a monthly basis for several months. she consulted with a lawyer who told her that in the circumstances the best procedural approach to addressing the problem was for her to b) commence court proceedings in superior court seeking a greater amount for legal costs. a) issue a claim in small claims court for the few dollars that she had been improperly charged. e) forget any court proceedings but try to attract media attention. c) do nothing given the small amount at stake and the costs of litigation. d) seek to have the action against the credit card company certified as a class action thereby allowing her to represent the entire group of possible class members, i.e. those who likewise were billed an unauthorized amount by the credit card company.
The best procedural approach to addressing the problem was for her to seek to have the action against the credit card company certified as a class action thereby allowing her to represent the entire group of possible class members, i.e. those who likewise were billed an unauthorized amount by the credit card company. (option d).
Procedural approach:
A procedural approach is a way of evaluating the performance of business processes based on a model of quantitively and qualitative measurements.
Given,
Janet recently learned that her credit card company charged her an unauthorized amount of 94 cents on her credit card bill. she reviewed the matter and determined that this charge had been made on a monthly basis for several months. she consulted with a lawyer who told her that in the circumstances.
Here we need to find the best procedural approach to addressing the problem was for her.
While looking through the given question the best option is to approaches the court and ask them to take the appropriate action against the credit card company.
So, the correct option is option d. seek to have the action against the credit card company certified as a class action thereby allowing her to represent the entire group of possible class members, i.e. those who likewise were billed an unauthorized amount by the credit card company.
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the percentage analysis of increases and decreases in indivudual items in comparative financial statements is called
The term "horizontal analysis" refers to the percentage analysis of increases and decreases in individual items in comparative financial statements.
Financial statements are verified records of a company, a person, or another entity's financial activity and position. Financial information that is relevant is organized and presented in an approachable manner. Financial statements are written records that describe the operations and financial performance of a company. To ensure accuracy and for tax, financing, or investing purposes, financial statements are frequently audited by government agencies, accountants, firms, etc. The cash flow statement, income statement, and balance sheet are the three primary types of financial statements. A company's assets, liabilities, revenues, expenses, and cash flows from operating, investing, and financing operations are all displayed in combination by these three statements. Depending on a company's income and assets, the government can impose taxes on it.
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if you try to make a good final impression during a job interview, what perceptual bias are you relying on to help you get the job?
If you try to make a good final impression during a job interview, are you relying on recency bias to help you get the job.
Recency bias is a memory bias that prefers recent occurrences to historical ones. Recency bias provides more weight to the most recent incident, such as the closing argument from the last attorney a jury considers before adjourning to deliberate.
Recency bias is the inclination to give undue credit to memories that are still recent in your mind, even when they are not the most reliable or pertinent. Recency bias in the realm of investment can be challenging to avoid. When clients base their decisions on recent occurrences and anticipate that those events will persist into the future, they exhibit recency bias. They can end up making irrational choices like selling shares during a market collapse as a result.
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thomas newton has built his career selling livestock at auction. as a supporter of the newly elected president, he has been offered a job in the department of transportation even though he knows little about transportatiohn issues. what is this an example of?
The beginning of the Civil War, the expansion of the federal bureaucracy, an amendment to the Constitution, and the election of President John Adams
By appointing the heads of the fifteen cabinet departments and many independent executive agencies, including the CIA, EPA, and Federal Bureau of Investigation, the president exerts direct control over the bureaucracies. The Senate must approve these appointments to the cabinet and agencies.
What is a nonprofit organization?
Independent Agencies operate independently of the presidency and are not part of the executive branch. Most of the time, Congress created them to deal with issues that have become too complicated for standard legislation to handle.
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which of the following is true about a compliance orientation? group of answer choices employees are more likely to accept a compliance orientation over a values orientation. a compliance orientation is superior to a values orientation. a compliance orientation can aid in organizational ethical decision making. the most successful companies have adopted a compliance orientation. the use of legal terms, statutes, and contracts teach employees the rules and penalties for noncompliance.
A compliance orientation can aid in organizational ethical decision-making is true about a compliance orientation.
Compliance orientation is the tendency for individuals to conform to the rules and regulations of organizations. This tendency is often driven by a desire to avoid negative consequences, such as punishment or censure.
Individuals who are high in compliance orientation often have a strong sense of duty and a deep commitment to following the rules. They may also be highly sensitive to the expectations of others and feel a strong need to meet those statutes.
Hence, the correct option is "second".
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Which best describes the flow of overhead costs in an activity-based costing system?.
Overhead costs to activity costs pools to cost drivers to products best describes the flow of overhead costs in an activity-based costing system.
The term "overhead" describes continuing business costs that aren't directly related to providing a good or service. It is crucial for budgeting as well as for figuring out how much a business must charge for its goods or services in order to turn a profit.
Expenses that are incurred to support the business but are not specifically tied to a product or service are collectively referred to as overhead.
ABC is a technique for allocating overhead and indirect costs, such salaries and utilities, to goods and services. The ABC system of cost accounting is built around activities, which are defined as any occasion, project, or task with a clear objective.
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kehlani started a new job in a print shop. she worries about the different chemicals in the workplace, so she requests information about them from her employer. which employee right under the osh act is kehlani exercising?
Kehlani started a new job in a print shop. She worries about the different chemicals in the workplace, so she requests information about them from her employer. Under the OSH Act, Kehlani is exercising her right to have dangerous substances identified.
The workplace is a place where employee have certain rights that must be respected by their employers. These rights include the right to a safe and healthy working environment, the right to fair wages and working hours, and the right to freedom from discrimination and harassment.
When these rights are violated, employees have the right to file a complaint with the appropriate authorities.
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On august 1, , , inc. , sold equipment and accepted a six-month, %, note receivable. year-end is december 31. How much interest revenue should accrue on december 31, ?.
Interest revenue that should accrue on december 31 is $1,000.
It seems the equation is not complete because there is a missing part. The complete question can be seen below:
On August 1, 2016, Hozore, Inc., sold equipment and accepted a six-month, 8% $30,000 note receivable. Hozore's year-end is December 31. How much interest revenue should Hozore accrue on December 31, 2016?
To determine the interest revenue, we can use this formula:
= Principle quantity × rate × period
= $30,000 x 0.08 x 6/12
= $2,400 x 0.5
= $1,200
Interest increased from 1 August- 31 August Gregorian calendar months:
= (Interest quantity ÷ 6 months) × 5 months
= ($1,200 : 6) x 5
= $200 x 5
= $1,000
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X-treme bubbles have 11 percent of the global chewing gum market, worth $19 billion What are its total sales per year expressed in dollars?
50 Points/Please give a real answer only else will have to report the account.
Thank you.
The total sales per year for X-treme bubbles, based on the percentage they control of the global chewing gum market is $2.09 billion
How to find the total sales?When given the percentage of a market that a company controls, you can find the total sales per year to that company, by checking the annual worth of the market.
The total sales to X-treme bubbles based on their 11 percent ownership of the global chewing gum market is:
= Percentage ownership of market x Net worth of global chewing gum market
= 11% x 19 billion
= $2.09 billion
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What term means that both management and employees strive to meet common objectives?.
When both management and employees strive to meet common objectives, it's called mutual commitment.
To be able to do mutual commitment in a business or organization, both management and employees need to appreciate each others' work and roles. It occurs as a part of the reciprocal process in a business or organization where the focus is on others before self. There are some things that must be taken care of to create mutual commitment:
Make sure that people are valued through meaningful work.Develop a sense of belonging for each member. Align objectives and goals, both personal and corporate, to achieve shared mutual commitments.Learn more about mutual commitment at https://brainly.com/question/14104754
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expected sales $ 10,000 units direct material and labor costs $ 150 per unit variable manufacturing overhead $ 20 per unit fixed manufacturing overhead $ 300,000 fixed selling and administrative expenses $ 150,000 average operating assets $ 2,000,000 required return on investment 20% what is the amount of the markup percentage on the absorption cost that should be used to derive the selling price of this product?
The amount of the markup percentage on the absorption cost that should be used to derive the selling price of this product will be 20%.
A managerial accounting technique known as "absorption cost," also known as "full costing," is used to record all expenses related to producing a specific product. This strategy accounts for both direct and indirect costs, including direct materials, direct labor, rent, and insurance.
According to generally accepted accounting principles (GAAP), absorption costing is necessary for external reporting.
Total sales values = Total cost + Return on investment
Return on investment = 20% × 2,000,000 = 400,000.
Profit per unit = 400,000/10,000 units = 40 per unit
Total production cost = Variable cost + Fixed production overhead
= ((150 + 20) × 10,000 + ( 300,000)
= 2,000,000
Cost per unit = 2,000,000/10,000= 200
mark-up in (%) = profit per unit/ cost per unit
= (40/200)× 100 = 20%
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a major criticism of the imf is that it imposes tight macroeconomic policy on any country it lends money to. this is referred to as a(n) blank approach.
A major criticism of the IMF is that it imposes a tight macroeconomic policy on any country it lends money to. This is referred to as a one size fits all approach.
What is one size fits all approach?It relates to policies or approaches that are standard and not modified according to individual needs.
The one-size-fits-all approach is one where all customers get the same treatment, regardless of their preferences. Unless a client is particularly important, chances are that virtually all the bank’s customers got the same treatment.
What is the IMF?The International Monetary Fund (IMF) is the central institution embodying the international monetary system and promotes balanced expansion of world trade, reduced trade restrictions, stable exchange rates, minimal trade imbalances, avoidance of currency devaluations, and the correction of balance-of-payment problems.
It is an organization of 190 countries.
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a firm has a total debt ratio of .47. this means the firm has 47 cents in debt for every: group of answer choices $1 in total equity. $.53 in total assets. $1 in current assets. $.53 in total equity. $1 in fixed assets.
A firm has a total debt ratio of 0.47, this means the firm has 47 cents in debt for every $0.53 in total equity. A debt ratio of 0.47 indicates that a company has 0.47 cents of debt for every $0.53 of equity.
A financial ratio that gauges a company's level of leverage is known as a debt ratio. When represented as a decimal or percentage, the debt ratio is the proportion of total debt to total assets. It can be seen as the percentage of an organization's assets that are financed by debt.
A ratio higher than one indicates that a significant portion of a company's assets are financed by debt, indicating that the organization has more liabilities than assets. If interest rates suddenly jump, a company with a high ratio may be in danger of defaulting on its loans.
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a contra-asset account, such as allowance for doubtful accounts or accumulated depreciation, has a normal balance of a and causes total assets to . multiple choice question. credit; increase debit; increase credit; decrease debit; decrease
A Contra-asset account, such as Allowance for Doubtful Accounts or Accumulated Depreciation, has a normal balance of credit and causes total assets to decrease.
An economic entity or a business can own or control any resource as an asset. It is anything that has the potential to generate gains in terms of the economy. Assets are ownership value that can be exchanged for cash.
Assets include tangible things like machinery, real estate, raw materials, and inventory, as well as intangible things like patents, royalties, and other intellectual property. An account's balance is the amount still owing on it. In accounting, the term "balance" refers to the difference between the total of debit entries and the total of credit entries made into an account during a given financial period. A debit balance is displayed when there are more total debits than total credits.
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write how vermicompost is prepared in a pit
Explanation:
Vermicomposting pits are mainly used by farmers. These farmers dig a large hole that serves the purpose of burying worms and organic waste material. Pits made for vermicomposting are usually 1 m deep and 1.5 ms wide.
due to various fraudulent business practices and accounting coverups in the early 2000's, congress enacted the sarbanes-oxley act of 2002. the act was responsible for establishing a new oversight board for public accountants called the
The Sarbanes-Oxley Act of 2002 was established in response to many illegal company practices and accounting coverups in the early 2000s. The legislation was responsible for establishing the Public Company Accounting Oversight Board, a new oversight board for public accountants. Thus, the right answer is the Public Company Accounting Oversight Board.
What is the Public Company Accounting Oversight Board?The Sarbanes-Oxley Act of 2002 established the Public Company Accounting Oversight Board as a nonprofit corporation to oversee audits of public companies and other issuers in order to protect investors' interests and further the public interest in the preparation of informative, accurate, and independent audit reports. To improve investor safety, the PCAOB also regulates broker-dealer audits, including compliance reports filed under federal securities laws. The US Securities and Exchange Commission must approve all PCAOB rules and standards.
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which statement is true of markup pricing? multiple choice it is not very effective at maximizing profits. it is one of the least used pricing tactics. it involves pricing a product higher than competitors in order to promote an image of superior quality. it is the most difficult of the pricing tactics to implement. it is estimated by adding a certain amount to the profit of a product to set the final price.
The statement true to markup pricing is It is estimated by adding a certain amount to the profit of a product to set the final price.
What is markup pricing ?The term "markup pricing" describes the discrepancy between an item's retail price and the cost to create and market it for sale. The markup is typically specified as a fixed percentage, and it is calculated by adding that to the item's real cost.You must factor in the particular expenses of exporting goods, such as transportation, customs tariffs, or intermediary margins, when determining markup pricing in international trade.The precise markup a company uses will vary based on its requirements, its type of business, and the sector it operates in. While some industries can afford to mark up their products and services by a relatively small percentage, others can afford to mark them up by a very large amount.Although they both aid in the analysis of the same transaction, markups and profit margins give you access to different kinds of data. A profit margin is the difference between revenue and cost of goods sold, expressed as a percentage of revenue.
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allison is about to close on a house. she wanted to take advantage of the low interest rate on the fha mortgage that seller lawrence has, but interest rates have risen. so she got lawrence's lender involved and applied for his mortgage. what kind of sale is this?
According to the given information, This is Sale with assumption of a mortgage.
In order to qualify as a sale with mortgage assumption, Allison contacted Lawrence's lender and submitted an application to assume his loan. Despite the rarity of these sales, FHA and VA loans do permit them.
A home mortgage issued by a bank or other lender that has been approved by the Federal Housing Administration (FHA) is insured by the government.Many conventional loans have lower minimum down payments than FHA loans, and applicants may have lower credit scores than is typically required.Families with low to moderate incomes can obtain a FHA loan to become homeowners. First-time homebuyers are particularly fond of them.Learn more about Federal Housing Administration (FHA), here
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an amount of 16000 is borrowed for 8 years at 3% interest, compounded annually. if the loan is paid in full at the end of that period, how much must be paid back?
He must pay back 20268.32 of amount after borrowing 16000 for 8 years at the interest rate of 3% for one year.
How to calculate loan amount ?The term "Loan Amount" refers to the sum of money we currently owe you for this mortgage. The loan amount may also include other fees, interest , defaulted payments, interest on defaulted payments, principal, and interest on unpaid principal.The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate. The total interest on a loaned or borrowed sum is determined by the principal amount.Amount he borrowed = 16000
No. of years = 8 years
Rate of interest = 3%
Calculate full amount (A) :
Equation for A = P(1 + r/n)^(nt)
A = 16000(1 + .03)^8
A = 20268.32
He need to pay 20268.32 after 8 years.
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daniel is a house painter. right now, he charges $80 to paint a wall and sells 11 walls per month. suppose he estimates his demand curve and finds out the price elasticity of demand is 0.5. if he increases his price to $120, what will happen to his total revenue?
According to the given information, The total revenue of Daniel, a house painter, will decrease.
For pricing decisions, the price elasticity of the demand is crucial because it determines how responsive the quantity demanded is to price changes. When the demand is elastic, it is not a good idea to raise the price of the good. A price increase is advised in these types of circumstances to increase total revenue because inelastic demand means that the quantity demanded changes less than proportionately to a change in prices. The demand is relatively elastic in the example because the price elasticity of demand has a value greater than 1, which indicates. We can say that the demand is inelastic if the value is less than 1.
If the demand is elastic, a price increase would result in a decline in total revenue.
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suppose the cpi level is 293.00 at the beginning of a year and 313.00 at the end of that year. what was the inflation rate for the year? %
The inflation rate of the year is 6.82%
Inflation is defined as the consistent increase in the price level in the economy. A moderate level of inflation is considered good for the economy as it creates a sense of working more and earning more among the people.
The monthly change in prices paid by American consumers is tracked by the Consumer Price Index (CPI). The CPI is calculated by the Bureau of Labor Statistics (BLS) as a weighted average of prices for a selection of goods and services that is indicative of total consumer spending in the United States. One of the most widely used indicators of inflation and deflation is the CPI.
Inflation rate= [(Current CPI-PreviousCPI)/Previous CPI] X 100
Inflation Rate= [(313-293)/293] X100
Inflation Rate= 6.82
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japanese tariffs and quotas reduce national welfare the most in: a) agriculture. b) machinery. c) textiles. d) clothing.
The biggest impact of Japanese tariffs and quotas on national welfare is in agriculture. Hence, the correct answer choice for this question will be option (a).
Write a short note on tariffs.The government of a country or a supranational organization may impose a tax on the import or export of goods which is regarded as a tariff. In addition to giving the government money, import tariffs can control international trade and help or defend domestic businesses. Protective tariffs are among the tools of protectionism that are most frequently used, along with import and export restrictions and other non-tariff trade barriers.
There are two different kinds of tariffs: fixed (a set sum per unit of imported goods or a specific proportion of the price) and variable (the amount varies according to the price). Because they become more expensive as a result of taxes, people are less likely to buy imported items.
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is a callable bond more valuable to the issuer or the bondholder than a comparable straight bond and why?
Because the call option increases the value to the issuer, the price of a callable bond is always less than the price of a straight bond.
Better Callable bonds?Bonds with a call option are riskier for investors than bonds without one since the investor who had their bond called frequently needs to reinvest their money at a lower, less desirable rate. Callable bonds frequently yield higher yearly returns as a result, offsetting the possibility that the bonds may be called early.They offer a higher rate of return than usual, at least until the bonds are called away, which is why investors enjoy them. Callable bonds, on the other hand, are desirable to issuers because they enable businesses to cut interest costs down the road if rates drop.Because the call option increases the value to the issuer, the price of a callable bond is always less than the price of a straight bond. A callable bond has a greater yield than a straight bond.To learn more about Callable bonds refer to:
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true or false: fiscal policy is probably the most direct way either to stimulate or to slow the economy.
It is true to say this. Fiscal policy can end the business cycle; monetary policy cannot. A crucial instrument at the government's disposal to affect a country's economic growth is fiscal policy. The monetary policy is used in conjunction with the fiscal policy to regulate a nation's money supply.
If inflation becomes uncontrollably high, the economy may require a slowdown. A government can employ fiscal policy in this case to raise taxes and drain money from the economy. Government spending may need to be cut as a result of fiscal policy, which would reduce the amount of money in circulation.
The use of government spending and tax policies to affect macroeconomic variables, such as total demand, employment, inflation, and economic growth is known as fiscal policy.
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All costs associated with a machine after it is operational are expensed in the period they are incurred. This statement is.
All costs associated with a machine after it is operational are expensed in the period they are incurred. This statement is false.
Which of the costs are generally expensed as incurred?
Costs associated with both research and development must typically be deducted as they are incurred under US GAAP. Furthermore, certain expenditures associated with software development must be capitalized in accordance with US GAAP. Until the technological viability of a software product is demonstrated, the expenditures paid during its development are expensed.
After then, the costs are capitalized. Similar to this, businesses deduct the expenses associated with developing software for internal use until it is likely that the project will be finished and the program will be utilized as intended. The development expenditures are then capitalized at that point.
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The HR team at an engineering company is working on drafting new cybersecurity policies. Two of the team members are in their first year of working in a professional setting and don't feel that comfortable speaking up in the group. To avoid groupthink, how might the team encourage those team members to share their thoughts?
A) Appoint a heckler to challenge any idea they bring up.
B) Change the timeline for the policy to be drafted.
C) Take deep breaths.
D) Gather their input outside of the meeting.
If two of the team members are in their first year of working in a professional setting and don't feel that comfortable speaking up in the group. To avoid groupthink, how might the team encourage those team members to share their thoughts is: C) Take deep breaths.
What is groupthink?Groupthink can be defined as the way in which members of a group tend to all accepts any decision or conclusion they reach , which implies that in this type of group the member does not against any viewpoint even if it will have negative impact on them.
Based on the given scenario taking a deep breaths will enables them to feel more comfortable and when they are comfortable they will have the zeal to share their thought or speak up what they have on their mind.
Therefore the correct option is C.
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Answer:
It is D. Gather their input outside of the meeting.
Explanation:
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wickland company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $82,000. the machine's useful life is estimated to be 10 years, or 260,000 units of product, with a $8,000 salvage value. during its second year, the machine produces 20,800 units of product. determine the machines' second year depreciation under the units-of-production method.
The machines' units-of-production method second year depreciation is $14800.
Over time, an asset loses value due to use, damage from use, or obsolescence. This reduction is measured using depreciation. The depreciation, or loss in value, of an asset may also be influenced by other variables, such as bad market conditions. Subtract the asset's cost from its salvage value to determine the asset's straight-line depreciation. Depreciable basis is the total that can be written off as a result. The useful life of the item is reduced by this amount.
Depreciation Cost - Salvage Value / Useful Life = Straight Line Method
Wickland Corporation
Machine price: $820,000
Remainder worth of $8,000
10 years is the useful life.
Working:
$82000-$8,000/5 is the depreciation straight line method.
Straight Line Depreciation = 74000/5
Straight Line Method Depreciation = $14,800
Depreciation costs for the second year, calculated using the straight-line technique, would be: $14800
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2. johanna takes out a loan of $500 with a 16% nominal interest rate convertible quarterly. she makes payments of $20 at the end of each quarter. how much principal was repaid in the 4th payment?
Joanna obtains a $500 loan with a nominal interest rate of 16% that is convertible quarterly. She pays a $20 installment at the end of each quarter. The fourth payment of $92.8 settled the principal.
What does a loan's principle consist of?A principal payment is a contribution made to the loan's outstanding balance. In other terms, a principal payment is a payment made toward a loan that goes toward the principal balance owed rather than the interest owed on the loan.
How is principal repaid determined?When you first take out a home loan, you borrow a certain amount of money, which is known as the principal. Simply deduct your down payment from the final selling price of your home to determine your mortgage principal.
In the given question,
Loan= $500
Interest rate= 16%
Installment= $20
principal repaid on the 4th installment= 20* 0.016=3.2
= 20 + 3.2
= 23.2 * 4
= $92.8
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