Explanation:
Maslow's hierarchy of needs is an idea in psychology proposed by American psychologist Abraham Maslow in his 1943 paper "A Theory of Human Motivation" in the journal Psychological Review. Maslow subsequently extended the idea to include his observations of humans' innate curiosity.
What Is Maslow's Hierarchy of Needs? Maslow's hierarchy of needs is a theory of motivation which states that five categories of human needs dictate an individual's behavior. Those needs are physiological needs, safety needs, love and belonging needs, esteem needs, and self-actualization needs.
Answer: Maslow's hierarchy of needs includes Psychological needs, safety needs, love and belongings, esteem, and self - actualization.
Explanation:
Maslow's Hierarchy of Needs is a psychological theory given by Abraham Maslow, a renowned psychologist. It suggests that human needs can be organized into a hierarchical structure, with more basic physiological needs at the bottom and higher-level needs at the top. These are in chronological order and one needs to be fulfilled to attain the next.
He divides the need into 5 terminologies which were-
1) Psychological needs- These needs are the basic needs which are water, food, shelter, sleep, clothing, etc. If these are met then the psychological needs of a person are fulfilled.
2) Safety Needs- these needs include personal security, health, employment, resources and protection from physical and emotional harm, etc.
3) Love and belongings - these are the social needs of the person. These include the desire for love, affection, friendship, time for family and sense of connection, etc.
4) Esteem - At this stage, a person needs recognition, wants to be appreciated, and needs freedom and respect from others. The person wants to improve his/her self-esteem.
5) Self- Actualization- At the top of the hierarchy, after fulfilling almost all the desires, the person wants to become the best of his/her abilities. It involves realizing one's potential, pursuing meaningful activities, expressing creativity, and striving for personal fulfillment.
Therefore, these are the 5 hierarchical needs given by Maslow.
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If the sinks are filled and unused what is the first step of proper dish rotation procedures
Is the first stage in good dish rotations practices cleaning, scrapping, or soaking objects if the sinks are full and unused.
What is dish?
The phrase dish refers to a specific tool. this tool, as well as the culinary variety. There was the fully prepared food waiting for service. The dishes are all the objects that have been used to cook, serve, and consume a meal.
There were filthy dishes in the sink. He'd cooked a meal and done the washing. The first stage was to justify the underused sink, and the way was to depict the cleaning, scraping, or soak goods.
As a result, the first stage in good dish rotations practices cleaning, scrapping, or soaking objects if the sinks are full and unused.
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If you want to take advantage of compound interest, what should you do when an investment produces interest?
A. Use the interest to pay your bills.
B. Reinvest the interest.
C. Put the interest in savings account.
D. Put the interest in a checking account.
Answer:
D. Put the interest in a checking account
Answer:C
Explanation: TRUST
QUESTION 1
Give ONE word or a term for each of the following descriptions. Write only the word or
term next to the question number (1.1-1.10) on the attached ANSWER SHEET
The costs incurred prior to opening doors and making sales to provide a cash
flow
The most common instrument for collecting primary data
Is appointed by the owner of an existing business enterprise to manage the
business
Have a higher than normal price to create an image of exclusivity.
Establishing the size or number of customers in an area
Products purchased only after customers have comparad a variety of similar
and competitive products
A distinguished product from similar competitive products
The idea being to gain quick acceptance and extensive distribution in the
market
That something that your business should have to make it unique, and which
your competitors do not have
The point at which the total expenditure of a business is equal to the total
income
Answer:
Explanation:
They have a higher than normal price to create an image of exclusivity
A student in the class copies this handout and uses it her business class at the university. Is that a violation of the copyright of these materials?
Given the scenario that the student copies this handout and uses it her business class at the university, this act is a violation of the copyright of these materials because she did not credited the owner of handouts.
What is a material's copyright?Basically, a copyrights are related to legal rights of authors on their original published and unpublished literary or artistic works. These materials copyright limit the rights for their use and distribution.
And in case of other forms of intellectual property, a copyrights typical protect the tangible form of the original work and not the underlying ideas.
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Please explain the difference between the debt/equity ratio (total liabilities/ common stock) and the account payable turnover(cogs/ average accounts payable)?
The difference between the debt/equity ratio and the account payable turnover is that the form shows much debt a company is using to finance its assets relative to the value of shareholders' equity while the latter shows how efficient a company is at paying its suppliers and short-term debts.
What is a debt/equity ratio?This is an accounting ratio that is is used to evaluate a company’s financial leverage and is calculated by dividing a company’s total liabilities by its shareholder equity. This ratio is an important metric in corporate finance as its measures the degree to which a company is financing its operations with debt rather than its own resources. The debt-to-equity ratio is a particular type of gearing ratio.
What is an account payable turnover?
An accounts payable turnover is an accouting tool that measures how quickly a business makes payments to creditors and suppliers that extend lines of credit. Most professionals quantify this ratio by calculating the average number of times the company pays its AP balances during a specified time period.
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What words go into what boxes ?
The aggregate supply/demand model illustrates the macroeconomic interactions between total supply and total demand as well as the factors that influence either total supply or total demand for the economy.
What results from the supply and demand model?A model that demonstrates how total supply and total demand interact at the macroeconomic level is the aggregate demand/aggregate supply model, which also explains how total supply and total demand are determined for the economy. In other words, the real GDP, aggregate supply is the total amount of output that businesses will generate and sell.
A supply and demand graph can be explained in what ways?The supply curve moves right as the amount of the good that is available grows. The supply curve shifts left if the quantity falls. A line with a downward and rightward-pointing slope, representing the demand curve, is shown on a graph. The demand curve shifts to the right and slopes downward as the quantity demanded rises.
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Identify a nonprofit that offers recreation activities as part of its structure and how it provides said recreation.
Some examples of a nonprofit organization that offers a recreation activities as part of its structure includes:
Little League BaseballNational Recreation and Park AssociationPop Warner Little ScholarsMonterey Institute for Research in Astronomy.What is a nonprofit organization?Basically, a non-profit organization refers to the group organized for purposes other than generating profit and in which, no part of such organization's income is distributed to its members, directors or officers.
Some of these non-profit and recreation bodies are one of the most common staples of American culture which has a recreation activities including youth sports, adult sports, sports camps and local fitness centers for their residents.
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In this assignment, you will conduct research to find the best loan for your first car. Using reference
materials and Internet sites, you will collect information for a used car and loan options to buy the car.
You will use an online loan calculator to find the best option for a used car loan. You will do a multimedia
presentation on the best loan option for a used car and the resources you used, along with the options
you explored to decide on the best loan option. A list of search term suggestions for finding resources is
provided at the end of this guide.
Your presentation should include the following slides. The slides should be a title slide, a slide containing
your used car information, a slide containing information on loan options with a bank and with a credit
union, a slide including calculations, a slide comparing the loan options, a slide with the best choice for a
car loan, and a works-cited slide.
The research the best loan for first car is mentioned as below.
What is Research?"Creative and methodical activity performed to improve the reservoir of knowledge" is what research is. It entails the objective collecting, organizing, and analysis of information in order to improve understanding of a topic or situation. A research project might be an extension of previous work in the topic.
We have this for the Question, and this is one method to approach the presentation.
The title of the presentation should be on the first slide.Then comes your chosen car's details and characteristics.Then comes a slide on the best koan option you choose.Then there's a slide about the previous computation.Then comes a slide with a summary of several loan computations, which were previously done on different choices and contrasted.Then comes a slide on your eventual selection.Then comes a slide on references or sources of knowledge.We are generally requested to perform research about your vehicle utilizing reference materials and Internet sources.Internet sites are websites that provide thorough and verified information about used automobiles.
Using multimedia implies using contemporary media devices and applications to create a presentation, and your material will be those sites visited, non-site resources utilized, and so on. Questionnaires
Now, on to the slides.
The title of the presentation should be on the first slide.Then comes your chosen car's details and characteristics.Then comes a slide on the best loan option you choose.Then there's a slide about the previous computation.Then comes a slide with an overview of various loan computation calculations.Learn more about research here:
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___________________________relate a firm’s stock price to its earning and book value.
Market value ratios relate a firm’s stock price to its earning and book value.
What is a stock?In Trading and securities, a stock is also referred to as equity and it can be defined as a financial security which represents a stockholder's ownership of a fraction of a corporation.
What is a market value ratio?A market value ratio can be defined as a financial metric that is typically used for the measurement and analysis of the stock prices of a business organization with respect to its earning and book value.
In conclusion, market value ratio helps to track the financial performance of a business organization, in order to understand its position in the market.
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Question 1 (1 point)
Listen ▶
Consider a society consisting of only three people: Adam, Beth, and Chad. All three
workers spend all day making clothing and food. At the start of each day, Chad tells
each worker how many hours to devote to production of each good. The "basic
economic question" that Chad is answering for this society is the
The "basic economic question" that Chad is answering for this society is the distribution decision.
What is distribution decision?All choices made in the distribution process guarantee the timely provision of goods and services to the final customer. In supply chain management, downstream and upstream processes are the two primary operations. In contrast to the downstream process, which focuses on getting the product to customers, the upstream process gathers raw materials for manufacture. Decisions regarding distribution are made later in the process. We frequently associate distribution with the delivery of tangible goods like clothing, produce, and baked goods; nevertheless, distribution also affects services (including consultancy, dry cleaning, and digital content). Online distribution gives businesses the chance to reach a wider audience, but it also confronts many of the same challenges as physical distribution, such as picking the best product for sales or turning prospects into customers. Deciding on distribution channels is a key step in distribution.
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A group conducted a survey of 13,000 brides and grooms married in the United States and found that the average cost of a wedding is $26,858. Assume that the cost of a wedding is normally distributed with a mean of $26,858 and a standard deviation of $5,900.
(a) What is the probability that a wedding costs less than $20,000? (Round your answer to four decimal places.)
(b) What is the probability that a wedding costs between $20,000 and $32,000? (Round your answer to four decimal places.)
(c) What is the minimum cost (in dollars) for a wedding to be included among the most expensive 5% of weddings? (Round your answer to the nearest dollar.)
The measures, using the normal distribution, are given as follow:
a) Probability that a wedding costs less than $20,000: 0.1230 = 12.30%.
b) Probability that a wedding costs between $20,000 and $32,000: 0.6848 = 68.48%.
c) Minimum cost of the most expensive 5% of weddings: $36,564.
Normal Probability DistributionThe z-score of a measure X of a variable that has mean symbolized by [tex]\mu[/tex] and standard deviation symbolized by [tex]\sigma[/tex] is given by the rule presented as follows:
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
The z-score represents how many standard deviations the measure X is above or below the mean of the distribution, depending if the calculated z-score is positive or negative.Using the z-score table, the p-value associated with the calculated z-score is found, and it represents the percentile of the measure X in the distribution.The mean and the standard deviation for the wedding prices are given as follows:
[tex]\mu = 26858, \sigma = 5900[/tex]
The probability that a wedding costs less than $20,000 is the p-value of Z when X = 20000, hence:
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
Z = (20000 - 26858)/5900
Z = -1.16
Z = -1.16 has a p-value of 0.1230.
The probability that it costs between $20,000 and $32,000 is the p-value of Z when X = 32000 subtracted by the p-value of Z when X = 20000, found above, hence:
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
Z = (32000 - 26858)/5900
Z = 0.87
Z = 0.87 has a p-value of 0.8078.
0.8078 - 0.1230 = 0.6848.
The minimum cost for a wedding to be in the most expensive 5% of the weddings is the 95th percentile, which is X when Z = 1.645, hence:
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
1.645 = (X - 26858)/5900
X - 26858 = 1.645 x 5900
X = $36,564.
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The more substitutes for a good:
Group of answer choices
the higher the income elasticity of demand
the higher the price elasticity of demand
the higher the cross elasticity of demand
the lower the cross elasticity of demand
the lower the price elasticity of
The more substitutes for a good, Option B: the higher the price elasticity of demand.
What impact do substitutes have on elasticity?The elasticity of demand is impacted by close replacements for a good. Consumers will rapidly convert to the alternative product if the price of your product rises or the price of the alternative product falls if another product can be easily substituted for it.
Therefore, The more replacements there are for an item, the more elastic the good will be, according to the definition of an elastic good, which is one where a change in price results in a large movement in demand.
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5 differences between
large
and small office in a tabular form
The 5 differences between the large and small office in a tabular form are discussed below.
So there are many differences between a large office and a small office in a tabular form. As, here the major difference among them is not just limited to there size, but it also different in many legal formalities and as well as the finance support which they tend to be capable of.
So, when there is a big office, then it tend to mean that there are many more additional facilities as well as the large business structures which also tend to contribute here.
Hence, the physical size and the nature of large offices are bigger than in small offices.
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what is micro environment
Answer:
The factors or elements in a firm's immediate environment which affect its performance and decision-making; these elements include the firm's suppliers, competitors, marketing intermediaries, customers and publics.
Explanation:
Why is it important to develop nail art design plans
Whether you are a seas-oned professional or just start-ing out, nail art can be a fun and creat-ive way to express yourself.
Accu-rately identifying the cond-ition of the nails and skin. Identifying any corrective work to suit the client's natu-ral nail shape and condition. Explaining your assess-ment of the client's nail and skin condition and any limit-ations to the nail art design .
Nail art design-ing is not just a way to accessorize your nails, but it also has a num-ber of benefits that you can en-joy. From mak-ing your nails look healthier and stronger to prevent-ing them from breaking.
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One way to ease the burden of managing a business is to hire an outside consultant.
Which of the following is an example of an outside consultant that might be useful
to a small interior design company?
1)
a company to mail its brochures to building contractors within a 200 mile
area
2) an advertising company to design its ad in the local newspaper
3) a certified public accountant to manage its money
4) an attorney who is well-versed in small business law
5) all of the above
The following is an example of an outside consultant that might be useful to a small interior design company all of the above.
How may the strain of running a business be lessened?Hiring external consultants is one technique to lessen the load of running a corporation. A good certified public accountant (CPA) is essential for almost all small businesses since they can assist with tax planning, financial decision-making, and record-keeping.
What is a business plan used for most frequently?You can recruit new company partners or secure money with the use of a business plan. Investors will feel more assured that they will get their money back if one is in place. Your business plan will be the instrument you employ to convince people that collaborating with you (or investing in your venture) is a wise move.
Who is someone who starts a business at risk in order to make money?An entrepreneur is a person who decides to start their own company based on a concept they have or a product they have developed, taking on the majority of the risks and enjoying the majority of the advantages.
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What are the recommendations for Adidas for Ansoff Matrix?
The recommendations for Adidas for Ansoff Matrix include the following:
Market PenetrationMarket DevelopmentProduct DevelopmentDiversificationWhat informs Ansoff Matrix Analysis of Adidas?The Ansoff matrix has four matrixes related to the products and customers. Together with the matrixes and their positive implications, exist some negative factors for these matrixes. With this type of matrix, there will be numerous alternatives for the organization to decide what product to sell to which customers.
Therefore, the correct answer is as given above.
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Jim uses the following table to keep track of how many items his employees sold in the last two weeks. He wants to use a formula that will indicate whether the employees are eligible for incentives or not. Employees who have sold more than 60 items are eligible for incentives. Which formula should Jim use?
Since Jim uses the table to keep track of how many items his employees sold in the last two weeks. The formula that Jim should use is option B: IF(C3 > 60; "pass"; "fail").
What is an IF THEN formula?The formula for IF-THEN is =IF (logic test,value if true,value if false). The function is instructed what to execute if the comparison is correct by the first argument. The function is instructed by the second argument what to do if the comparison is incorrect.
The preceding formula literally reads "Return the text PASS, otherwise return the text FAIL," if the value in cell C3 is larger than 60. This test's logical progression can be switched around to produce the same outcome.
Therefore, If the value of C3 is larger than 60, return pass; otherwise, return fail if C3 is less than or equal to 60. This is expressed as IF(C3 > 60; "pass"; "fail"). You can determine whether or not the students passed the test using this formula.
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Rooms booked well in advance may receive a lower rate than those rooms booked at
the last minute. What term best refers to this concept?
ADR
Orack rate
yield management
accounting services
Answer:
Explanation:
The answer is c. 200 rooms
Consider the following information about an open economy: GDP is $1,000 million, consumption is $850 million, taxes are $50 million, government spending is $100 million, exports are $100 million, and imports are $125 million. Calculate the following variables for this economy:
An open economy is a form of economy in which entities from other nations trade goods in addition to domestic producers (goods and services).
What is an Open Economy ?Management interchange, technological transfer, and the exchange of a wide range of commodities and services are all examples of trade. There are some exceptions that cannot be swapped; for instance, a country cannot trade its railway services with another nation in order to use the service.
In contrast, a closed economy forbids the conduct of both foreign trade and finance. Exporting is the process of selling products or services to another nation. Importing is the process of purchasing goods or services from another nation. International trade is the term used to describe both importing and exporting.
Calculation of the following Variables
Net Exports = Exports - Imports = 100 - 125 = -25
Therefore, Net exports are -$25 Million.
b.
GDP = C + I + G +(X-M)
1000 = 850 + I + 100 + (100-125)
1000 = 950 + I - 25
I = 1000 - 925
I = 75
Therefore, Investment is $75 Million
Step 2
c.
Private Sector Disposable Income = GDP - Tax = 1000 - 50 = 950
Private Sector Saving = Private Sector Disposable Income - Consumption = 950 - 850 = 100
Therefore, Private Sector Saving is $100 Million
d.
Public Sector Saving = Tax - Government Expenditure = 50 - 100 = -50
Therefore, Public Sector Saving is -$50 Million
e.
National Savings = Private Sector Saving + Public Sector Saving = 100 + (-50) = 50
Therefore, National Saving is $50 Million
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What is the present value of a $10,000 payment you will receive in one year, assuming a discount rate of 3.75%?
Answer:
$9,636
I hope it helps. Thank you
Which of these is an advantage of most natural fibers?
OA.
O B.
OC.
O D.
They need to be washed by hand or dry cleaned.
They are usually inexpensive.
They are free of bleaches, dyes, and chemicals.
They biodegrade after being thrown away.
The correct option for advantage of most natural fibbers is:
They biodegrade after being thrown away.
Regular strands are well known for the overwhelming majority various reasons, as the texture is by and large more harmless to the ecosystem and solid. Retentive. Normal filaments have a staggeringly high sponginess, as the strands, both plant and creature, have major areas of strength for a for water.
What are the benefits of regular strands?
Regular strands are maintainable materials which are effectively accessible in nature and enjoy benefits like minimal expense, lightweight, sustainability, biodegradability, and high unambiguous properties.
What are the elements of regular strands?
Normal strands are nontoxic, have a lower thickness, are not difficult to deal with, compostable and bountiful with a nonstop inventory. They additionally have OK unambiguous strength properties with high durability, nonabrasive handling and don't make dermal and respiratory aggravation of buyers.
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true or false The Internet is the worldwide network of computer networks built on common standards and created in the late 1970s??
The history of the Internet has its origin in information theory and the efforts to build and interconnect computer networks that arose from research and development in the United States and involved international collaboration, particularly with researchers in the United Kingdom and France.
Computer science was an emerging discipline in the late 1950s that began to consider time-sharing between computer users, and later, the possibility of achieving this over wide area networks. Independently, Paul Baran proposed a distributed network based on data in message blocks in the early 1960s, and Donald Davies conceived of packet switching in 1965 at the National Physical Laboratory (NPL), proposing a national commercial data network in the UK
Why are companies required to perform payroll withholding?
A. To make sure employees are being paid fairly
B.
To make sure employees can pay their taxes
C. To help employees save for retirement
D. To help the company pay its share of taxes
Companies are required to perform payroll withholding to make sure employees can pay their taxes.
What is a payroll?A payroll is a list of the employees of a company who are eligible for payments as well as other work benefits, together with the amounts that should be paid to them. Payroll can refer to a company's records of payments made to employees in the past, such as salaries and wages, bonuses, and taxes withheld, or it can refer to the department within the company that deals with compensation, in addition to the amounts that each employee should receive for time worked or tasks completed. A business has the option of managing every step of the payroll process internally or outsourcing certain steps to a payroll processing firm. Employee exemptions, record-keeping standards, and tax laws are among the federal, state, and local restrictions that apply to payroll in the United States.
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Question content area top
Part 1
Anthony and Michelle Constantino just got married and received $35,000 in cash gifts for their wedding. How much will they have on their th anniversary if they place half of this money in a fixed-rate investment earning percent compounded annually? Would the future value be larger or smaller if the compounding period was 6 months? How much more or less would they have earned with this shorter compounding period?
1. From the investment of $17,500, Anthony and Michelle Constantino will, on their 25th wedding anniversary have (future value) $75,107.74 in their fixed-rate investment account, compounded at 6% annually.
2. The future value of their investment would be ($76,718.36) if the compounding period were 6 months instead of one year.
3. Anthony and Michelle Constantino would have earned $1,610.62 more with the shorter compounding period.
How does the compounding period affect future value?When the interest on the present value of an investment or periodic cash deposits is compounded more than once a year, the future value is always higher.
The reason for this phenomenon is that the compounded interest earns more future value with increased regularity and a shorter compounding period.
Annual Compounding:N (# of periods) = 25 years
I/Y (Interest per year) = 6%
PV (Present Value) = $17,500 ($35,000 x 50%)
PMT (Periodic Payment) = $0
Results:
Future Value (FV) = $75,107.74
Total Interest = $57,607.74
Semiannual Compounding:N (# of periods) = 50 times (25 years x 2)
I/Y (Interest per year) = 6%
PV (Present Value) = $17,500 ($35,000 x 50%)
PMT (Periodic Payment) = $0
Results:
Future Value (FV) = $76,718.36
Total Interest = $59,218.36
Future Value for 6 months compounding = $76,718.36
Future Value for annual compounding = $75,107.74
The difference = $1,610.62 ($76,718.36 - $75,107.74)
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Question Completion:How much will they have on their twenty-fifth anniversary if they place half of this money in a fixed-rate investment earning 6 percent compounded annually?
Identify and discuss 4 ways a retailer can make their customer loyalty programme more eff
Answer:
Explanation:
1) the retailer first should sell the products which are useful.
2) The retailer first should sell all the quality products which will make the customer to buy.
3) He should be obedient about his products and should explain about the product in depth if customer needs.
4) He should ask them first of all the product which they are exactly needful for them. If not show them the low model of the product which is quality based and also financially feasible to the customer
84. In FIFO method of inventory valuation?
a)Closing stock is at latest price
b)Issue of stocks to production is at earliest price
c)Both (a) & (b)
d)Neither (a) nor (b)
In FIFO method of inventory valuation, Issue of stocks to production is at earliest price.
What is FIFO method of inventory valuation?First in, first out (FIFO) is an easy-to-understand inventory valuation method that implies commodities acquired or manufactured first are sold first. In theory, this means that the oldest inventory is supplied to clients first, followed by fresher inventory.What comes in first must go out first, according to the FIFO approach. For example, if a batch of 1,000 things is created in the first week of a month and another batch of 1,000 items is made in the second week, the batch produced first is sold first. The FIFO approach is designed to avoid inventory obsolescence.To learn more about FIFO refer,
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Intermediate Accounting ll
With respect to the bonds, F corporation's gain on the early extinguishing of debt is $ 11,700 (gain) (Option C).
What is extinguishing of debt?When the borrower pays the whole sum of the loan and the creditor releases the borrower, the debt is called eliminated. Extinguishment also occurs when superior security is accepted by the creditor.
See the calculations leading to the above conclusion below;
Here, the bonds are issued at the premium value as the value of the issue of bonds = $ 2,786,000 is higher than the face value of the bonds.
The face value of the bonds = Face value per bond * Number of bonds. = 2700 * $1000 = $ 2,700,000.
Premium on bonds issued = Bonds issued value - Face value.
Premium on bonds issued = $ 2,786,000 - 2,700,000
Premium on bonds issued = $ 86,000.
Given that the amortization is made on a straight-line basis and the semiannual amortization is made, means the period for which the bonds to be amortized = 20 periods ( 10 years *2).
Hence, per period of 6 months bonds premium amortized = $86,000/ 20 = $ 4,300
The bonds have been extinguished on 1st July 2024, so the amortization of bonds for the period from 1st January 2019 to 1st July 2024 = 11 periods.
Hence, the Amortization of the premium till 1st July 2024 = 11 * 4300
= $ 47,300.
Book value of bonds on 1st July 2024
= Bonds issued value - Amortization of premium
Book value of bonds on 1st july 2021 = $ 2,786,000 - 47,300
= $ 2,738,700.
Bonds redemption value = 2,700,000* 1.01 ( 101 means a premium of 1% ) = $ 2,727,000.
Since the book value is $ 2,738,700.but the redemption value is higher than it i.e $ 2,727,000, so there is a gain on extinguishment of debt.
Gain on redemption/ extinguishment of bonds = $ 2,738,700 - 2,727,000= $ 11,700 (gain) (Option C)
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of 12 questions answered
Question 4
You are a partner, and your spouse has a retirement plan with their current
employer. Within their plan are several restricted securities in EY audit clients for
which you are not a covered person. Is this in compliance with EYG
Independence Policy?
Yes, this is in compliance with EYG Independence Policy provided that you are not a covered individual and the senior manager's spouse is still a worker for the organization.
The firm's EYG Independence Policy tends to be be followed by all the EY client facing employees, even those who are in relation to the senior manager's them immediately. So here, the searches must be conducted in order to discover whether these financial relationships are allowed or not.
Here, the External Independence System Security Search is used in order to determine whether or not the EY employees senior manager's and their close relatives are thus allowed to purchase the required securities.
Hence, the senior managers at EY are required to report their security holdings.
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Is adequate cash the "only" requirement for the declaration of a cash dividend?
Not all cash is necessary for the declaration of a cash dividend. The business must have sufficient profits or retained earnings.
What is cash dividendA cash dividend is a payment made from the corporation's current earnings or accumulated profits to stockholders in general.
Instead of being distributed as a stock dividend or another kind of value, cash dividends are paid in cash. Most brokers provide you the option to collect dividends in cash or reinvest them.
Companies that pay cash dividends are often well-regarded as financially stable and provide significant cash flows for upcoming quarters.
However, the majority of dividend-paying businesses do not prioritize growth. Instead, they want to boost shareholder value and give their investors a reliable stream of revenue.
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