Cash Payments Journal - debit Rent Expenses and credit Cash will be used.
Cash Credit (CC) is a short-term source of funding for your business. In other words, cash advances are short-term loans offered by banks to businesses. It allows businesses to withdraw money from bank accounts without holding balances. Accounts are limited to borrowing only up to the borrowing limit.
Cash Credits are short-term loans approved by banks to meet the working capital needs of businesses, financial institutions and businesses. Borrowing companies can also borrow money without credit, up to existing credit limits.
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You short-sell 300 shares of rock creek fly fishing company, now selling for $20 per share. if you want to limit your loss to $1,350, you should place a stop-buy order at ____.
You short-sell 300 shares of rock creek fly fishing company, now selling for $20 per share. if you want to limit your loss to $1,350, you should place a stop-buy order at $24.5.
Given,
300 shares of rock creek fly fishing company are short sold.
now selling for $20 per share.
I want to limit your loss to $1,350.
When an investor borrows security, he or she sells it on the open market with the intention of later purchasing it at a lower price.
Short-sellers wager on and profit from a decline in the price of securities. Contrast this with long-term investors who want the price to increase.
Amount received from short sale = 300 × $20 = $6,000
Let the stop-buy order be at price 'P'.
Loss = $1,350 = 300P − $6,000
$7,350 = 300P,
so P = $24.5
Hence, stop-buy order should be placed at $24.5.
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The extent to which customers recognize and are willing to accept variation in service performance is called the ____________:
The extent to which customers recognize and are willing to accept variation in service performance is called the zone of tolerance.
The zone‐of‐tolerance (ZOT) is an innovative concept which has attracted recent attention in the services marketing domain.
The zone of tolerance represents a wide range of service performance that a customer considers satisfactory which recognizes multiple expectation standards especially adequate and desired expectations.
Exploratory as well as the confirmatory factor analyses were used to assess measurement properties and the regression analysis was used to test the hypotheses regarding the Zone of tolerance.
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What are the net sales for a business that has cash sales of $42000, credit sales of $88000?
Net sales for a business that has cash sales of $42000, credit sales of $88000 will be $42000+ $88000 = $130000
Net sales = Gross sales – Returns – Allowances – Discounts
Gross sales value refers to the total revenue that your business generates before discounts, returns, and allowances
Gross sales can be calculated as the total of cash sales and credit sales.
Net sales in this given problem is calculated as $42,000 cash sales + $88,000 credit sales − $6,300 sales returns and allowances − $1,400 sales discounts = $122,300 net sales. There is no impact of Sales tax payable on the calculation of net sales.
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A shift in the sales mix from a product with a high contribution margin ratio towards a product with a low contribution margin ratio will cause the breakeven point to
A shift in the sales mix from a product with a high contribution margin ratio to a product with a low contribution margin ratio will cause the breakeven point to higher and lower net income.
A profitability ratio that contrasts a company's gross margin to its revenue is the gross margin ratio, also referred to as the gross profit margin ratio. It displays how much money a business makes after deducting its cost of goods sold (COGS)
One of the often used profitability statistics to determine how profitable a business or line of business is is the profit margin. It displays the proportion of sales that have generated profits. Simply put, the percentage value represents the amount of profit the company made on each dollar of sales. For instance, if a company states that it had a 35 per cent profit margin for the most recent quarter, that translates to $0.35 in net income for every $1 in sales.
Different profit margins come in different forms. However, in common usage, it typically refers to net profit margin, which is a company's bottom line after all other costs, such as taxes and one-time charges, have been deducted from revenue.
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Suppose you purchased 500 shares of stock in 2020 for $15 a share, and the price now is $20 a share. if you sell the stock, then your capital gain is:_____.
Suppose you purchased 500 shares of stock in 2020 for $15 a share, and the price now is $20 a share. if you sell the stock, then your capital gain is $33.3
Capital Gains Yield Formula =
CGY = (Current Price – Original Price) / Original Price x 100.
Given,
Original Price = 15*500 = 7500
Current Price = 20 * 500 = 10000
CGY = (Current Price – Original Price) / Original Price x 100.
CGY= (10000 - 7500) / 7500 * 100
= 2500 / 7500 * 100
= 33.33
Capital Gain is the component of total return on an investment, which occurs as a result of a rise in the market price of the security.
Take the selling price and subtract the initial purchase price. The result is the gain or loss. Take the gain or loss from the investment and divide it by the original amount or purchase price of the investment. Finally, multiply the result by 100 to arrive at the percentage change in the investment.
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An expensive electronics store decides to lower the prices on all of its laptop computers. according to the law of demand, what outcome can the electronics store expect?
More customers will be interested in buying its laptops is an outcome can the electronics store expect, According to the law of demand.
What is law of demand?The law of demand, a cornerstone of microeconomics, asserts the inverse relationship between price and quantity desired.In other words, "conditioning on all other things being equal, the quantity demanded will drop as the price of a good increases; conversely, the amount demanded will increase as the price of a good lowers."When we say that a person's demand for anything increases, we imply that he will buy more of it than he would have at the previous price and that he will buy as much at the previous price, according to Alfred Marshall.To know more about law of demand with the given link
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Answer: more customers will be interested in buying its laptops
Explanation:
i took the test
The edit which flags cases that report an excessive number of units of service reported on a single encounter date is called________.
The edit which flags cases that report an excessive number of units of service reported on a single encounter date is called MUEs.
The Medicare Administrative Contractors (MACs), especially Durable Medical Equipment (DME) MACs, use Medically Unlikely Edits (MUEs) to lower the inappropriate payment rate for Part B claims.
The maximum units of services (MUE) for an HCPCS/CPT code are those that, in the majority of cases, a provider would report for a single beneficiary on a single date of service. A MUE is not present in all HCPCS/CPT codes.
This page includes links to the Publication Announcement Letter, the Frequently Asked Questions and Answers (FAQs), and the public Medicare MUE files, which cover the majority of the MUE program's details.
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The level and nature of risk attributable to a firm’s activities and operations, and ignoring the risks associated with the firm’s capital structure.
A company's return on equity increases at an optimum level of financial leverage because the use of leverage increases the stock volatility, increasing the level of risk which then increases the returns.
Financially over-leveraged companies may face a decrease in return on equity.
How does business risk affect capital structure?With positive bankruptcy costs, an increase in business risk decreases the proportion of debt in the capital structure.
With higher business risk, stand-alone firms will prefer less debt as they are more likely to face financial distress.
What is leverage risk?An investor who has enough cash to acquire an asset but chooses to use a mixture of debt and cash will have remaining cash left over.
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https://brainly.com/question/26588732#SPJ4The u. s. federal agency responsible for governing securities exchanges, protecting investors, and establishing regulations that govern the disclosure of information to investors is the?
The Securities and Exchange Commission (SEC) is a U.S. government oversight agency responsible for regulating the securities markets and protecting investors.
The SEC protects buyers by enforcing our state's securities laws, taking movement against wrongdoers, and overseeing our securities markets and companies to make certain that investors are dealt with fairly and in reality.
The Securities and exchange commission (SEC) is the U.S. government organization in fee of the state's securities enterprise. It monitors transactions, as well as the sports of monetary specialists.
The SEC is an impartial federal business enterprise, installed pursuant to the Securities change Act of 1934, headed via a five-member commission. The Commissioners are appointed by the President and showed by way of the Senate.
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A process manufacturer that uses the weighted-average method reports the following. Conversion Units Percent Complete Beginning work in process inventory 20,000 80% Units completed and transferred out 90,000 Ending work in process inventory 25,000 40% Equivalent units of production for conversion are: Multiple Choice 100,000. 116,000. 76,000. 90,000. 46,000.
Units produced and converted are 90,000. A technique known as a weighted average accounts for varied levels of significance of values in a data collection. Each number in the data set is multiplied by a predefined weight before the final computation is completed when calculating a weighted average.
The final average number produced by a weighted average approach is more descriptive than a simple average because it takes into account relative significance of every units. Additionally, it has effect of improving the accuracy and smoothing out the data. It provides more weight to average units that happen substantially more frequently.
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Answer:
100,000
Explanation:
units completed + transferred out: 90,000
add: units of ending WIP 10,000 (25,000 x 40%)
equivalent units of production = 100,000
When the product price falls from $80 to $60, the quantity demanded rises from 500 to 800 units. the slope in this range is:_____.
When the product price falls from $80 to $60, the quantity demanded rises from 500 to 800 units. The slope in this range is : -0.067.
What is Quantity Demanded ?Quantity demanded is the quantity of a commodity that people are willing to buy at a particular price at a particular point of time.
Quantity demanded is a term used in economics to describe the total amount of a good or service that consumers demand over a given interval of time. It depends on the price of a good or service in a marketplace, regardless of whether that market is in equilibrium.
The relationship between the quantity demanded and the price is known as the demand curve, or simply the demand. The degree to which the quantity demanded changes with respect to price is called the elasticity of demand.
The slope of the Demand Curve= Absolute Change in Price Absolute Change in Quantity
Solution-
Given-
P1 = 80, P2 = 60
Q1 = 500, Q2 = 800
Slope of the given range = Change in price / change in quantity demanded
Slope of the given range = ( P2 - P1 ) / ( Q2 - Q1)
= ( 60 - 80 ) / ( 800 - 500)
= -20 / 300 = - 0.067
Therefore, we can conclude that the slope in this range is: - 0.067.
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Though markets can provide goods that are excludable but nonrival, they do so at the price of: equity. inefficiency. inequity. efficiency
Though markets can provide goods that are excludable but nonrival, they do so at the price of inefficiency
Explanation:
An excludable but non-rival product is also known as 'club goods'
Unlike public goods which are accessible to everyone and have no rivals, club goods are not accessible to everyone, only to those who can pay for them. At the same time, they have no rivals in the market.
This is a clear indication of an inefficient economy because such a product means there is a monopoly operating in the market.
An example of this can be a cable operator in an area. It dominates the market and has no rivals or competitors but its service is only accessible to people who can pay for it. However, in the same area, a Free Public television channel is the opposite, having no rivals but also being accessible.
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The cost approach method of appraisal is most appropriate for?
a. older homes.
b. single-family detached houses.
c. multi-family structures.
d. special use property.
The right choice of answer is option D which is special use property.
A special-use property is defined as a building with special construction materials, unique physical design or arrangement that limits its utility to the use for which it was built. They are typically single-purpose buildings which are adaptable to only one particular process, use or even one particular company
What is the Cost Approach Method?The cost approach is a real estate valuation method that estimates the price a buyer should pay for a piece of property is equal the cost to build an equivalent building. In the cost approach, the property's value is equal to the cost of land, plus total costs of construction, less depreciation.The cost approach method is based on the assumption that a potential buyer of a property should pay a price that is equal to the cost of constructing an equivalent building. The market value of a real estate property is the sum of the value of the land and site improvements on the land, less any accrued depreciationTo learn more about cost approach method, click the links
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For corporate leaders, their firm’s ability to ________ must be of paramount importance.
For corporate leaders, their firm’s ability to balance shareholder interests with the needs of society must be of paramount importance. Shareholder equity is the phrase used to describe a company's net worth, or the entire amount of money that would be given back to its shareholders in the event that the firm was liquidated after all obligations were settled.
SE is therefore the owners' remaining claim to the assets upon the payment of all debts. A company's entire assets minus its total liabilities equals shareholder equity. Shareholder equity includes retained earnings as well as any money invested in the corporate.
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When people are differentiated in terms of their aesthetic and intellectual preferences, a ________ concept is being applied.
A taste culture concept is being applied.
What is the real meaning of aesthetics?People sometimes use the word "aesthetic" to refer to items that they find attractive or artistic, as well as to their enjoyment of such things. Products may be chosen for both their aesthetic appeal and their quality and longevity. Synonyms include decorative, creative, appealing, and lovely. more words for "aesthetic" A work of art's aesthetic is what it is visually pleasing.
What are the 3 types of aesthetics?Imitationalism, Formalism, and Emotionalism are the most popular names for the three aesthetic systems in art criticism. regarding the use of artistic principles in the representation of reality in art. the viewer's reaction in terms of feelings, moods, or emotions.
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When a new employee is trained at the work site by observing an experienced worker and then doing the task, it is:______.
When a new employee is trained at the work site by observing an experienced worker and then doing the task, it is on-the-job training.
What is meant by on-the-job training?
In a genuine or nearly real working environment, on-the-job training (OJT) is a practical method for gaining new competencies and skills needed for a job. In a real-world, simulation, or instructional setting, it is frequently used to learn how to operate specific tools or equipment.
What is one problem with On-the-job training?
If the person doing the work is unskilled, the new hire will learn how to complete the jobs incorrectly. It's possible that management is unaware of the employee's deficiencies in particular areas and is powerless to take corrective action.
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The more ________ used, the greater the leverage a company employs on behalf of its owners.
The more "DEBT" used, the greater the leverage a company employs on behalf of its owners.
What is DEBT?A debt is something that one party borrows from another, typically money. Many businesses and people utilize debt to finance significant expenditures that they would not normally be able to afford.
Some characteristics of DEBT are-
An agreement to borrow money with the need that it be repaid at a later time, typically with interest, is known as a debt arrangement.Debt is money that one party borrows from another.Many businesses and individuals utilize debt as a means of financing significant purchases that they would otherwise not be able to make.In a financial agreement based on debt, the borrowing party is granted permission to borrow funds subject to the need that they be repaid at a later time, typically with interest.The four primary forms of debt are secured, unsecured, revolving, and mortgaged.Bonds are a type of debt that businesses issue to raise money.To know more about debts, here
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When the fed finds it necessary to slow down the economy it tightens monetary policy by:______.
When the fed finds it necessary to slow down the economy it tightens monetary policy by raising short-term interest rates through policy changes to the discount rate and federal funds rate.
Tight Monetary Policy: What Is It?
A central bank, such as the Federal Reserve, may adopt a tight, or contractionary, monetary policy in order to tame hot economic growth, restrain expenditure in an economy that is perceived to be expanding too quickly, or slow inflation when it is increasing too quickly.
By increasing short-term interest rates through policy changes to the discount rate and federal funds rate, the central bank tightens monetary policy or makes money scarce. Raising interest rates makes borrowing more expensive and, therefore, less appealing. Selling assets on the central bank's balance sheet to the market through open market operations is another way to conduct strict monetary policy (OMO).
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Increasing the batch size on a resource with setups always increases the capacity of the resource. True or false?.
false,Increasing the batch size on a resource with setups always increases the capacity of the resource.
What is resource?All materials available in our environment that are technologically accessible, economically possible, and culturally sustainable that assist us to satisfy our needs and desires are referred to as resources.
All materials available in our environment that are technologically accessible, economically possible, and culturally sustainable that assist us to satisfy our needs and desires are referred to as resources. Resources are divided into two types based on their availability: renewable and non-renewable resources. They can also be characterized as actual or potential based on their level of development and use, as biotic or abiotic based on their origin, and as ubiquitous or localized based on their distribution (private, community-owned, national and international resources).
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What are the two goals state insurance regulators attempt to accomplish? select all that apply:
The two goals state insurance regulators attempt to accomplish are to keep the price of insurance low and make sure that everyone has insurance.
What do regulators of insurance do?
A state's insurance industry is regulated by insurance authorities. They examine company operations, conduct investigations, execute punishments, and grant (and even withdraw) licenses. Protecting both insurers and the insured is the main goal of an insurance regulator.
Industry regulations are strict about preserving an insurance company's financial stability because doing so puts its clients' coverage at risk. Although statutory rules adopted by state legislatures oversee regulators, administrative adjudication, court rulings, and federal law also play a significant influence in their operations.
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A decrease in a recessionary gdp gap will most likely be associated with a decrease in?
A decrease in a recessionary gdp gap will most likely be associated with a decrease in cyclical unemployment.
What is cyclical unemployment?
A recessionary GDP gap is when a country's real GDP is lower than its GDP at full employment. When there is a recessionary GDP gap, an economy is operating below its full potential.
Cyclical unemployment is a type of unemployment that varies with the business cycle in an economy. Unemployment would be high in a recession and low in an economic boom.
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In the united states, government spending accounts for approximately _____ of gdp. group of answer choices
In the united states, government spending accounts for approximately the TOTAL REVENUES of gdp.
The total US federal budget these days is about $4 trillion or more annually. The total federal budget for 2020 has surged to $7 trillion due to all the steps the government has taken to combat the pandemic. Few people know what
1 trillion really is, so here's an example. 1 trillion seconds is approximately 31,000 years. Ice Age animals such as woolly mammoths and saber-toothed tigers went extinct just 13,000 years ago, or less than half a trillion seconds.
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A consumer products company's marketing groups are organized into departments for lotions, soaps, and first aid supplies. it is departmentalized by?
A consumer product company's marketing groups are organized into departments for lotions, soaps, and first aid supplies. It is departmentalized by production department, sales and marketing department.
Consumer product companies make and sell products that are intended for direct use by the buyers for their own use and enjoyment. This sector includes companies involved with food production, packaged goods, cosmetics, clothing, first aid supplies, and electronics.
These consumer product companies are departmentalized by production department, sales and marketing department, an accounting, and a human resources department.
Hence, a consumer product company's marketing groups are organized into departments to work efficiently.
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Talkative, social employee who makes sure that all feel welcome and part of the team while at work. she most likely has a high level of ________ when she takes a personality tes
Talkative, social employee who makes sure that all feel welcome and part of the team while at work. she most likely has a high level of extroversion when she takes a personality test.
Some theories of human personality place a strong emphasis on the qualities of extraversion and introversion. Carl Jung popularized the concepts of introversion and extraversion, however their modern psychiatric applications and popular interpretations differ.
Extroversion is the trait of being extroverted and focusing on other people or things rather than oneself. Extroversion is demonstrated when a person enjoys being the center of attention and going out frequently.
The inclination to concentrate on satisfaction from sources other than oneself is referred to as extraversion. Warmth, optimism, gregariousness, and a need for excitement define extroverts.
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If the adjustment for prepaid expenses is not recorded:____.
a. net income will be overstated.
b. expenses will be overstated.
c. assets will be understated.
d. net income will be correctly stated.
If the adjustment for prepaid expenses is not recorded expenses will be overstated.
An expense is an item that generally requires an outflow of money or some form of property to another person or group in payment for an item, service, or other category of expense. For tenants, rent is an expense. For students and parents, teaching is a cost.
a: Financial Charges or Expenses: Monuments are erected at own expense.
b: Offset of operating expenses against revenue for a specified period.
c: Expended to secure superiority or achieve results.
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Michael works in the auto manufacturing sector, which has experienced decreased demand. he will:_______
Michael works in the auto manufacturing sector, which has experienced decreased demand. He will see his wages lower.
There will be a reduction in the amount of labor that is demanded, and the demand curve will move upward. Employers are more likely to increase their employee count if wages and salaries are reduced.
Demand for labor will grow, which will cause the demand curve to go downward.
According to the ceteris paribus premise, the labor demand curve depicts the number of workers that companies want to hire at a given pay or compensation level.
The amount of work requested will alter in response to a change in wage or salary. Employers would prefer to recruit fewer workers if the wage rate increased.
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Jasper makes a $39,000, 90-day, 7. 0ash loan to clayborn co. the amount of interest that jasper will collect on the loan is: (use 360 days a year. )
The amount of interest that jasper will collect on the loan is $682.50.
Interest = 39000*7%*90/360 = $ 682.50
ENTRY:
Cash $ 30,682.50
Interest revenue $ 682.50
Notes receivable $ 30,000.00
ANSWER:
Debit Cash $39,682.50: Credit interest revenue $682.50; Credit Notes Receivable $39,000.
Interest is the price you pay for borrowing money or the cost you charge for lending money. Interest is usually given as an annual percentage of the loan amount. This percentage is called the interest rate on the loan. For example, if you deposit money in a savings account, the bank will pay you interest.
Basically, he has three main types of interest. The nominal interest rate, the effective interest rate, and the real interest rate. The nominal interest rate for an investment or loan is the published interest rate at which interest payments are calculated.
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Apple's 9 percent annual coupon bond has 10 years until maturity and the bonds are selling in the market for $890. The firm's tax rate is 36 percent. What is the firm's after-tax cost of debt?
The firm's after-tax cost of debt is 8.58%.
Information provided:
Face value= future value= $1,000
Present value= $890
Coupon rate= 9%
Coupon payment= 0.09*1,000= $90
Time= 10 years
Tax rate= 21%
The question is solved by first calculating the before-tax cost of debt which is the yield to maturity.
Enter the below in a financial calculator to compute the yield to maturity:
FV= 1,000
PV= -890
PMT= 90
N= 10
Press the CPT key and I/Y to calculate the yield to maturity.
The value obtained is 10.8566.
Therefore, the before-tax cost of debt is 10.86%.
After tax cost of debt= before tax cost of debt*(1 – tax arte)
= 10.8566%*(1 - 0.21 )
= 8.5767%
= 8.58%
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Suppose the economy is initially experiencing a short-run recessionary gap. an increase in the size of the budget deficit will?
An increase in the size of the budget deficit will lead to an increase in the size of the recessionary gap and decrease in real GDP of economy. When spending go beyond revenues, a budget deficit results, and it can be a good sign for a nation's finances.
The term "budget deficit" is typically used by the government to describe spending rather than revenue from companies or people. National debt comprises of accrued deficits. Inflation, or the ongoing rise in prices, is one of the main threats posed by a budget imbalance. When the Federal Reserve releases more money into the economy as a result of a budget deficit in the US, inflation increases.
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Which data collection method might enable the practitioner to learn more about communication patterns, leadership issues, or ineffective conflict resolution strategies in the team?
Data collection method which enables the practitioner to learn more about communication patterns, leadership issues, or ineffective conflict resolution strategies in the team is observation.
Observation is way of gathering data by watching the different behavior, events, or by noting the physical characteristics in their natural setting.
Observations can be overt , the technique in which everyone knows they are being observed or it can be covert in which no one knows they are being observed and the observer is concealed.
The benefit of covert observation is that people are more felt to be behaving naturally if they do not know they are being observed. However, observer will typically need to conduct overt observations because of ethical problems related to concealing his observations.
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