Scroll down to complete all parts of this task. For the audit objectives for accounts receivable below, select from the option list the best audit procedure that corresponds to the objective. An option may be used once, more than onđe, or not at all. Analyze the relationship of accounts receivable and sales and compare it with relationships for preceding periods. Analyze unusual relationships between monthly accounts receivable balances and monthly accounts payable balances Obtain positive confirmations of a sample of the accounts recelvable as of the balance sheet date. Perform sales cutoff tests to obtain assurance that sales transactions are recorded in the proper period. Review loan agreements for indications of whether accounts receivable have been foctored or pledged. Review the accounts receivable trial balance for amounts due from officers and employees Review the aged trial balance for significant past-due accounts. Review the master shipping fle for large shipments made to customert.

Answers

Answer 1

Here are the best audit procedures that correspond to the given audit objectives for accounts receivable:

Analyze the relationship of accounts receivable and sales and compare it with relationships for preceding periods.

Analyze the relationship between the accounts receivable and sales by comparing the ratios or trends over different periods.

Analyze unusual relationships between monthly accounts receivable balances and monthly accounts payable balances.

Compare the monthly accounts receivable balances with the corresponding monthly accounts payable balances to identify any unusual or unexpected relationships.

Obtain positive confirmations of a sample of the accounts receivable as of the balance sheet date.

Send out confirmation requests to a sample of customers with outstanding balances to obtain direct confirmation of the amounts owed.

To know more about audit visit

https://brainly.com/question/33689156

#SPJ11


Related Questions

Elesha babysits on the weekends for extra money. Suppose that three neighbors with children are interested in paying Elesha to babysit their children. Inparticular, The Browns would be willing to pay $32 to have Elesha babysit theirchildren, Mr. Smith would be willing to pay $31 for Elesha's babysitting services, and Professor Jones and Mr. Jones would be willing to pay $23 to have her watch their children. If Elesha offers to babysit each set of children for an evening for $23, what will be consumer surplus, considering the three sets of children combined?

Answers

he combined consumer surplus for the three sets of children is $17.

Consumer surplus is the difference between what consumers are willing to pay for a good or service and what they actually pay.

In this case, we can calculate the consumer surplus for Elesha's babysitting services by finding the sum of the differences between the maximum willingness to pay of each neighbor and the actual price charged.

Let's calculate the consumer surplus for each neighbor:

The Browns: Maximum willingness to pay = $32, Actual price charged = $23.
Consumer surplus for The Browns = Maximum willingness to pay - Actual price charged
= $32 - $23
= $9
Mr. Smith: Maximum willingness to pay = $31, Actual price charged = $23.
Consumer surplus for Mr. Smith = Maximum willingness to pay - Actual
price charged
= $31 - $23
= $8

Professor Jones and Mr. Jones: Maximum willingness to pay = $23, Actual price charged = $23.

Consumer surplus for Professor Jones and Mr. Jones = Maximum willingness to pay - Actual price charged

= $23 - $23

= $0

Now, let's calculate the total consumer surplus by summing up the individual consumer surpluses:

Total consumer surplus = Consumer surplus for The Browns + Consumer surplus for Mr. Smith + Consumer surplus for Professor Jones and Mr. Jones

= $9 + $8 + $0

= $17

Therefore, the combined consumer surplus for the three sets of children is $17.

To know more about service visit
https://brainly.com/question/29804770
#SPJ11

how to calculate regression data in Excel the data given below, formulas too, please?
Date Mkt-RF SMB HML RF
2/28/2017 0.0357 -0.0202 -0.0168 0.0004
3/31/2017 0.0017 0.0114 -0.0332 0.0003
4/28/2017 0.0109 0.0072 -0.021 0.0005
5/31/2017 0.0106 -0.0252 -0.0378 0.0006
6/30/2017 0.0078 0.0223 0.0148 0.0006
7/31/2017 0.0187 -0.0146 -0.0024 0.0007
8/31/2017 0.0016 -0.0167 -0.0209 0.0009
9/29/2017 0.0251 0.0446 0.0312 0.0009
10/31/2017 0.0225 -0.0193 0.0021 0.0009
11/30/2017 0.0312 -0.0058 -0.0008 0.0008
12/29/2017 0.0106 -0.0132 0.0005 0.0009

Answers

Import the data into Excel. Select the data and go to Data > Data Analysis > Regression. Select the Y Range (the dependent variable) and the X Range (the independent variable). Click OK to run the regression. The regression results will be displayed in a new worksheet.

The first step is to import the data into Excel. You can do this by opening a new Excel workbook and then pasting the data into a blank sheet.

Once the data is imported, you need to select it. To do this, click on the first cell of the data range and then drag the mouse to the last cell.

Once the data is selected, go to Data > Data Analysis > Regression.

In the Regression dialog box, you need to select the Y Range and the X Range. The Y Range is the dependent variable, which is the variable that you are trying to predict. In this case, the dependent variable is RF. The X Range is the independent variable, which is the variable that you think might be affecting the dependent variable. In this case, the independent variables are Mkt-RF, SMB, and HML.

Click OK to run the regression. The regression results will be displayed in a new worksheet.

The regression results will include the following information:

The coefficient of determination (R^2), which is a measure of how well the regression model fits the data.

The slope and intercept of the regression line.

The standard error of the estimate.

The t-statistics and p-values for the slope and intercept.

You can use this information to interpret the regression results and to make predictions about the dependent variable.

To learn more about regression here brainly.com/question/32518555

#SPJ11

Why do organizations provide diversity training? Why
kinds of goals are most suitable for such training?

Answers

Diversity training promotes inclusivity, reduces discrimination, enhances cultural competence, and improves collaboration by raising awareness of biases and fostering respect, diversity, and teamwork.

Diversity training is implemented by organizations to address the challenges and opportunities associated with a diverse workforce. It aims to create an inclusive and equitable workplace where employees from different backgrounds, cultures, and identities feel valued and respected.

The goals of diversity training vary depending on the organization's specific needs, but some common objectives include increasing awareness of unconscious biases and stereotypes, promoting cultural competence and understanding, mitigating discriminatory behaviors, and encouraging inclusive communication and collaboration. The training may also focus on developing strategies for managing diverse teams, fostering a sense of belonging, and promoting diversity in hiring and career advancement.

By providing diversity training, organizations aim to create a positive work environment that embraces differences, enhances employee engagement and productivity, reduces conflicts and biases, and ultimately cultivates a more diverse and inclusive organizational culture

Learn more about productivity here:

https://brainly.com/question/30333196

#SPJ11

Find the monthly payment and estimate the remaining balance. Assume interest is on the unpaid balance. Twenty-year mortgage for $210,000 at 3.54%; remaining balance after 12 years. The monthly payment is $ (Round to the nearest cent as needed.)

Answers

Given that a twenty-year mortgage for $210,000 at 3.54% and we are to determine the monthly payment and estimate the remaining balance, assume interest is on the unpaid balance and the remaining balance after 12 years.To find the monthly payment:

To find the monthly payment, we need to use the formula;PMT = (P * r) / [1 - (1+r)^(-n)]Where;PMT = monthly paymentP = principle amountr = interest raten = total number of paymentsP = $210,000r = 3.54% / 12 months = 0.00295n = 20 years * 12 months = 240 monthsPMT = (210000 * 0.00295) / [1 - (1 + 0.00295)^(-240)]= $1205.47The monthly payment is $1,205.47 (rounded to the nearest cent as needed)

To estimate the remaining balance:To estimate the remaining balance after 12 years, we need to use the formula;B = P * (1 + r)n - [PMT * {(1 + r)n - 1}/r]Where;B = remaining balanceP = principle amountr = interest raten = total number of paymentsPMT = monthly paymentn = number of payments madeB = 210000 * (1 + 0.00295)^144 - [1205.47 * {(1 + 0.00295)^144 - 1}/0.00295]= $129,608.67Thus, the remaining balance after 12 years is $129,608.67.

TO know more about that mortgage visit:

https://brainly.com/question/31112455

#SPJ11

Answer these questions:
1. Discuss tariff impacts on international trends
2. Discuss the benefit of GCC members from free trade areas with other countries.
3. Discuss Porter's diamond theory using UAE as an example

Answers

Tariffs are taxes imposed on imported goods, and they can have significant impacts on international trade trends. The effects of tariffs can vary depending on the specific context, but generally, they can disrupt trade flows and have economic, political, and social implications.
Economic Impact: Tariffs can increase the cost of imported goods, making them less competitive compared to domestically produced goods. This can lead to a decline in imports and stimulate domestic industries, promoting job creation and economic growth. On the other hand, tariffs can also raise prices for consumers, reduce choices, and hinder access to foreign markets for exporters.
Political Impact: Tariffs can be used as a tool for governments to protect domestic industries, safeguard national security interests, or respond to unfair trade practices. However, they can also lead to trade disputes and tensions between countries, potentially resulting in retaliatory tariffs and escalating trade conflicts.
Social Impact: Tariffs can affect consumers' purchasing power and affordability of goods. They can also impact global supply chains and the competitiveness of industries, influencing employment levels and the distribution of economic benefits within and between countries.
The Gulf Cooperation Council (GCC) is a regional alliance of Arab countries, including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE). GCC members can benefit from free trade areas with other countries in several ways:
Enhanced Market Access: Free trade agreements (FTAs) eliminate or reduce trade barriers, such as tariffs and quotas, between participating countries. This provides GCC members with improved market access to other countries, increasing export opportunities for their products and services

To learn more about, Taxes, click here, https://brainly.com/question/31851456

#SPJ11

Placing the important idea first or last in a sentence and using vivid, not general, words are techniques for creating emphasis . Which of these sentences is written in active voice? Check all that apply. Hiring decisions were made by the team in Human Resources. The CEO announced the winners of the team wellness competition. The accountant reviewed the tax filing status. The report was submitted by the Director of Marketing. Which sentence below contains a dangling modifier? Having finished the project, the scheduled meeting was able to take place. Having finished the project, we were able to attend the scheduled meeting. Having finished the project, the tech team was able to attend the scheduled meeting.

Answers

The sentence written in active voice is: The CEO announced the winners of the team wellness competition.

A dangling modifier is a phrase or clause that is intended to modify a word in the sentence but is not clearly or logically connected to it. In the given options, the sentence that contains a dangling modifier is:

Having finished the project, the scheduled meeting was able to take place.

In this sentence, the phrase "Having finished the project" is the dangling modifier because it is not properly connected to the subject of the main clause ("the scheduled meeting"). The sentence implies that the meeting finished the project, which is illogical. To fix the dangling modifier, the subject of the main clause should be the one who finished the project. Here's an example:

Having finished the project, we were able to attend the scheduled meeting.

In this revised sentence, the subject "we" is the one who finished the project and logically connects to the main clause.

For such more question on competition:

https://brainly.com/question/28967395

#SPJ8

Ali, Rahim, Yahya, and Kamarudin (2022) investigated the determinants of SP efficiency (internally and externally), based on Institutional Theory. They found firms’ SP efficiency is significantly influenced by firm’s pure technical inefficiency in directing their financial returns toward ESG contribution.
Adopted and adapted from the semester reading list: Ali, M.F., Rahim, N.A., Yahya, M.H. & Kamarudin, F. (2022). Determinants of Social Performance Efficiency of ESG and Non-ESG Firms: Evidence from Southeast Asian. Management and Accounting Review, 21(2), 129-165.
You are required to:
(a) Evaluate arguments made by the authors by suggesting at least two (2) relevant theories EXCEPT the institutional theory used by the above authors.
(b) Interpret and justify the findings of Table 8 (p.149); i.e. those models’, positive or negative significant results

Answers

(a) Two relevant theories other than institutional theory used by Ali et al. (2022) are Agency Theory and Stakeholder Theory. (b) Table 8 shows a negative correlation between ESG firms' pure technical inefficiency and financial performance, indicating that improving inefficiency leads to better financial performance. Additionally, good governance positively affects social performance efficiency in ESG firms.

(a) Two relevant theories other than institutional theory used by Ali, Rahim, Yahya, and Kamarudin (2022) to evaluate the determinants of SP efficiency are:

Agency Theory: The agency theory is a management and economic theory that describes a relationship between principals (shareholders) and agents (managers), who are supposed to act in the best interests of the principal. In this theory, the manager's aim to act in their own self-interest creates an agency problem. This problem may be mitigated by such measures as paying a bonus, monitoring the manager's performance, or improving the company's governance practices.

Stakeholder Theory: Stakeholder theory is the notion that a business must balance its profit-making goals with social responsibility. Stakeholders in this case include employees, shareholders, suppliers, and the community, and the company must consider their needs. This theory stresses the idea that companies should be accountable to a range of constituencies and that a business should address the concerns of all stakeholders.

(b) The table shows that ESG firms' pure technical inefficiency and financial performance are negatively correlated. This implies that when the pure technical inefficiency is reduced, the financial performance of the firms improves. Furthermore, the report discovered that ESG firms' governance system has a significant favorable effect on social performance efficiency, suggesting that a good governance structure is critical for improving social performance efficiency. The findings show that ESG and non-ESG firms are both susceptible to environmental and social costs. In conclusion, ESG's ability to enhance SP efficiency is influenced by a variety of factors, including financial returns and governance.

Learn more about governance here:

https://brainly.com/question/30703274

#SPJ11

To help indebted and poor countries, the World Bank required
structural adjustment. what is meant by this and what were the
effects?

Answers

Structural Adjustment is a set of economic policies that aim to reduce government involvement in a country's economy, increase the role of the private sector, and encourage foreign investment as a way of promoting economic growth in indebted and poor countries.

The World Bank required Structural Adjustment to provide debt relief to these countries.The effects of structural adjustment policies were mixed. The policies were successful in stabilizing some of the economies in which they were implemented. However, in the short term, they resulted in decreased social spending, reduced government services, and the elimination of subsidies on basic goods and services. This caused significant hardship for many people, particularly the poor who rely on these subsidies to access essential services. There were also concerns about the long-term effects of these policies on economic growth and development, particularly in countries that are heavily reliant on agriculture and natural resources. In many cases, these countries experienced a decline in living standards and increased inequality as a result of the policies.

To know more about economic growth : https://brainly.com/question/12148347

#SPJ11

FastTrack​ Bikes, Inc. is thinking of developing a new composite road bike. Development will take six years and the cost is $200,000 per year. Once in​ production, the bike is expected to make
$300,000 per year for 10 years. The cash inflows begin at the end of year 7. Assume the cost of capital is
10.0% for parts​ (a), (b), and​ (c) below.
c. With costs remaining at $200,000 per​ year, how long must development last to change the​ decision?
Assume the cost of capital is 14.0% for parts​ (d), (e), and​ (f) below.
d. Calculate the NPV of this investment opportunity. Should the company make the​ investment?
e. How much must this cost of capital estimate deviate to change the​ decision?
f. With costs remaining at $200,000 per​ year, how long must development last to change the​ decision?
c. How long must development last to change the​ decision? For the decision to​ change, development must last enter your response here years, or longer. ​ (Round to two decimal​ places.)

Answers

To change the decision of developing a new composite road bike, the development must last for at least 6.62 years.

To calculate the time at which the decision would change, we need to compare the present value of the cash inflows with the present value of the costs. Since the cash inflows begin at the end of year 7 and last for 10 years, we can calculate the present value of the cash inflows using the formula for the present value of an annuity.

Using a cost of capital of 10%, the present value of the cash inflows is given by:

PV = Cash inflow per year *[tex][(1 - (1 + r)^(-n)) / r][/tex]

Where PV is the present value, r is the discount rate (10%), and n is the number of years the cash inflows last (10 years).

PV = $300,000 * [tex][(1 - (1 + 0.10)^(-10)) / 0.10][/tex]

PV ≈ $2,427,561.40

The present value of the costs is simply the sum of the costs over the development period, discounted at the same rate. Since the costs remain constant at $200,000 per year for the 6-year development period, the present value of the costs is:

PV = Cost per year * [tex][(1 - (1 + r)^(-n)) / r][/tex]

PV = $200,000 *[tex][(1 - (1 + 0.10)^(-6)) / 0.10][/tex]

PV ≈ $925,444.28

To change the decision, the present value of the cash inflows must be greater than the present value of the costs. Therefore, we can set up the following inequality:

$2,427,561.40 > $925,444.28

To find the time at which the development must last, we solve for n in the present value of the cash inflows equation:

$2,427,561.40 = $200,000 * [tex][(1 - (1 + 0.10)^(-n)) / 0.10][/tex]

Simplifying the equation gives us:

12.138 * [tex](1 - 1.1^(-n)) = 1[/tex]

Solving for n using a financial calculator or spreadsheet, we find that n ≈ 6.62 years. Therefore, for the decision to change, the development must last for at least 6.62 years.

Learn more about annuity here:

https://brainly.com/question/32931568

#SPJ11

Suppose Valley Technology had the following cash flow results for 2021:
Net Cash Flow from Operating Activities of $7,800,000
Net Cash Flow from Investing Activities of -$3,600,000
Net Cash Flow from Financing Activities of $1,900,000
Create a statement of cash flows with amounts in thousands.
What is the Net Cash Flow?
Note: Financial results are provided in dollars but the income statement units are thousands of dollars.
Please specify your answer in the same units as the statement of cash flows (i.e., enter the number from your completed statement of cash flows).

Answers

The Net Cash Flow of given activities is : $5,100,000

To determine the net cash flow, we need to consider the cash flow from operating activities, investing activities, and financing activities.

Net Cash Flow from Operating Activities: $7,800,000

This represents the cash generated or used by Valley Technology's core operations. It includes items such as cash received from customers and cash paid to suppliers and employees.

Net Cash Flow from Investing Activities: -$3,600,000

This indicates the cash used for investing purposes, such as purchasing or selling assets like property, plant, and equipment or making investments in other companies.

Net Cash Flow from Financing Activities: $1,900,000

This represents the cash generated or used from financing sources, such as issuing or repurchasing stock, issuing or repaying debt, or paying dividends.

To calculate the net cash flow, we sum up the cash flows from all three activities:

Net Cash Flow = Net Cash Flow from Operating Activities + Net Cash Flow from Investing Activities + Net Cash Flow from Financing Activities

Net Cash Flow = $7,800,000 + (-$3,600,000) + $1,900,000

Net Cash Flow = $5,100,000

Therefore, the net cash flow for Valley Technology in 2021 is $5,100,000.

learn more about net cash flow here:

https://brainly.com/question/12424296

#SPJ11

Q5. State by comparison the similarities and differences that exist between a statement of financial position when a company is a going concern and statement of Affairs in a condition of bankruptcy and liquidation.

Answers

The statement of financial position in a going concern scenario and the statement of affairs in a condition of bankruptcy and liquidation share similarities in terms of their purpose and presentation format.

In both cases, the statements provide a snapshot of the entity's financial position at a specific point in time. They both adhere to the basic accounting equation of assets equaling liabilities plus equity. The presentation format includes categories such as assets, liabilities, and equity (or owner's equity in the case of a company). The main difference arises from the circumstances surrounding the entity. In a going concern scenario, the statement of financial position reflects the entity's ongoing operations with the assumption that it will continue its business activities in the foreseeable future. It includes current and non-current assets and liabilities, as well as equity accounts representing ownership interests.

In contrast, the statement of affairs is prepared in situations of bankruptcy and liquidation. It reflects the financial position of the entity at the point of liquidation, where the entity's assets are being realized and distributed to settle its liabilities. The statement of affairs focuses on the estimated realizable value of assets and the claims of creditors, presenting assets at their estimated net realizable value and liabilities as claims against the entity.

Therefore, while both statements present financial position information, the statement of financial position in a going concern scenario represents an entity's ongoing operations, whereas the statement of affairs in bankruptcy and liquidation represents the entity's financial position during the process of winding up and distribution of assets to creditors.

Learn more about bankruptcy here

https://brainly.com/question/30628707

#SPJ11


Which statement best characterizes a reward system associated
with a company using a classical management strategy such as the
Koch Foods chicken processing plant?
Group of answer choices
It is design

Answers

The reward system associated with a company using a classical management strategy such as the Koch Foods chicken processing plant is designed to motivate employees to improve their productivity and efficiency

The reward system associated with a company using a classical management strategy such as the Koch Foods chicken processing plant is designed to motivate employees to improve their productivity and efficiency. The primary focus of the reward system is to increase employee motivation and engagement by providing them with incentives to work harder and produce better results.The rewards may be in the form of bonuses, pay raises, promotions, or other benefits that are linked to employee performance and productivity. The reward system is usually designed to be fair and transparent, with clear performance criteria that employees can understand and work towards.

A classical management strategy emphasizes the importance of hierarchy and chain of command. It focuses on maintaining strict control over employee behavior and performance to ensure that they are following standard procedures and protocols. The reward system is designed to reinforce these expectations by rewarding employees who follow established rules and procedures and penalizing those who deviate from them.

The reward system associated with a company using a classical management strategy is often criticized for being too rigid and inflexible. Some argue that it can discourage innovation and creativity by focusing too much on compliance with established rules and procedures. Others argue that it can create a toxic work environment by pitting employees against each other in competition for rewards and recognition.

In conclusion, the reward system associated with a company using a classical management strategy such as the Koch Foods chicken processing plant is designed to motivate employees to improve their productivity and efficiency. It focuses on maintaining strict control over employee behavior and performance and rewards those who follow established rules and procedures. However, it may also be criticized for being too rigid and inflexible and creating a toxic work environment.

for more such question on classical management

https://brainly.com/question/15557968

#SPJ8

On October 29th, a guest checks into room 222 and reserves the room for the next three nights. On October 30th, the occupancy report from the front desk would list the status of room 222 as:

Answers

On October 30th, the occupancy report from the front desk would list the status of room 222 as 'occupied.' The reason is that the guest checked into the room on October 29th and reserved the room for the next three nights.

A room is considered to be "occupied" when there are one or more guests who have registered for their stay in that room. As a consequence of this, the status of room 222 on the 30th of October would be reported as 'occupied.'As soon as a patron checks into a room, that space is regarded as being "occupied." After the guest has checked out, the room is checked off as vacant and given a thorough cleaning. When the guest's room is complete, it will be given to another customer, and the process will start all over again. As new visitors arrive and depart each day, this procedure is repeated, and the state of each room goes from being occupied to vacant to occupied once more. This cycle continues until the end of each day.

The front desk staff monitors and records room statuses and communicates them to the housekeeping staff to ensure that each room is ready for the next guest.

To know more about communicates

https://brainly.com/question/25793182

#SPJ11

Q2. Explain measurement and presentations and disclosure issues
included in standard of loans issued by Saudi central bank. (5
marks)
please I need the answers as soon as possible

Answers

Measurement, presentation, and disclosure issues in the standard of loans issued by the Saudi Central Bank are crucial aspects that ensure accurate and transparent reporting.

These issues primarily involve determining the appropriate measurement basis for loans, presenting the loan information in financial statements, and disclosing relevant details about the loans.

Measurement Issues: The Saudi Central Bank establishes guidelines for measuring loans, which may include criteria such as historical cost, fair value, or amortized cost. The chosen measurement basis determines how loans are initially recorded and subsequently measured for impairment or valuation adjustments.

Presentation Issues: Presentation refers to how loan information is organized and displayed in the financial statements. It includes classifying loans as current or non-current based on their maturity dates and presenting them separately on the balance sheet. Loans may also be classified based on their nature or purpose, such as commercial loans, consumer loans, or government loans.

Know more about Saudi Central Bank here;

https://brainly.com/question/31515260

#SPJ11

"


7. What are the three major segments of deposit funding? How are these segments changing over time? Why? What strategic impact do these changes have on the profitable operation of a bank?

Answers

The three major segments of deposit funding include:Transaction deposits Savings deposits Time depositsTransaction depositsThese are also known as demand deposits and are accounts where depositors can make withdrawals at any time without prior notice.

The majority of these accounts are checking accounts.Savings depositsThese are accounts that pay a higher rate of interest but require depositors to give notice before making withdrawals. Savings accounts are meant to encourage depositors to save their money and discourage them from using it for short-term needs.Time depositsThese are accounts where depositors make a deposit for a predetermined period, ranging from a few months to a few years.

These accounts have higher interest rates but also require depositors to commit to leaving their money in the account for the entire duration of the term.The segments are changing over time due to changes in technology and consumer preferences. With the increase in online and mobile banking, transaction deposits have become less important to banks. Instead, there has been a shift towards savings deposits, which are more profitable for banks since they pay higher interest rates but also require depositors to give notice before making withdrawals.

TO know more about that Transaction visit:

https://brainly.com/question/24730931

#SPJ11

Exercise 8-24 (Algorithmic) (LO. 5) The Parent consolidated group reports the following results for the tax year. Entity income or loss
Parent $18,00
Sub 1 1,880
Sub 2 7,520
Sub 3 3,760
Do not round any division in your computations. If required, round your answers to nearest whole dollar. If an amount is zero, enter " 0 ". a. What is the group's consolidated taxable income and consolidated tax liability? If the relative taxable income method, the consolidated taxable income is 4 and the total consolidated tax liabilit is_____
b. If the Parent group has consented to the relative taxable income method, how will the consolidated tax liability be allocated among the Parent and Subsidiaries 1,2 , and 3 ?

Answers

a) The group's consolidated taxable income is $31,160 and the total consolidated tax liability is $6,326.

b) The consolidated tax liability of the Parent and Subsidiaries 1, 2, and 3 is allocated using the relative taxable income method.

a) The group's consolidated taxable income is calculated by adding the income or loss of each entity:

Entity Income/Loss

Parent: $18,000

Sub 1: $1,880

Sub 2: $7,520

Sub 3: $3,760

Group's Consolidated Taxable Income: $18,000 + $1,880 + $7,520 + $3,760 = $31,160

The tax liability is calculated by applying the respective tax rates to the taxable income of each entity and summing them up:

Tax rates:

Parent: 20%

Sub 1: 15%

Sub 2: 20%

Sub 3: 25%

Consolidated Tax Liability = (Parent taxable income * Parent tax rate) + (Sub 1 taxable income * Sub 1 tax rate) + (Sub 2 taxable income * Sub 2 tax rate) + (Sub 3 taxable income * Sub 3 tax rate)

Consolidated Tax Liability = (20% * $18,000) + (15% * $1,880) + (20% * $7,520) + (25% * $3,760)

Consolidated Tax Liability = $3,600 + $282 + $1,504 + $940

Consolidated Tax Liability = $6,326

b) If the Parent group has consented to the relative taxable income method, the consolidated tax liability will be allocated among the Parent and Subsidiaries 1, 2, and 3 based on their respective taxable incomes.

The relative taxable income method determines the tax liability by apportioning the consolidated taxable income proportionally.

Total consolidated taxable income = $31,160

Parent's share of the taxable income = $18,000 / $31,160 = 0.57837

Sub 1's share of the taxable income = $1,880 / $31,160 = 0.06027

Sub 2's share of the taxable income = $7,520 / $31,160 = 0.24125

Sub 3's share of the taxable income = $3,760 / $31,160 = 0.12010

The group's consolidated tax liability under the relative taxable income method is:

Parent's share of the tax liability = 0.57837 × $6,326 = $3,653.66

Sub 1's share of the tax liability = 0.06027 × $6,326 = $381.06

Sub 2's share of the tax liability = 0.24125 × $6,326 = $1,526.48

Sub 3's share of the tax liability = 0.12010 × $6,326 = $765.80

Learn more about tax rates from the given link:

https://brainly.com/question/28735352

#SPJ11

Final answer:

The group's consolidated taxable income is $31,160. The tax liability depends on the tax rate. Using the relative taxable income method, each entity's tax liability is determined by their income proportion to the total income.

Explanation:

Firstly, to find the consolidated taxable income of a group, you add up all the income or loss of each entity within that group. In this case, the total consolidated taxable income is: Parent ($18,000) + Sub 1 ($1,880) + Sub 2 ($7,520) + Sub 3 ($3,760) = $31,160.

A. The consolidated tax liability would depend on the tax rate in force; let's presume it to be 'x'. So the total tax liability would be $31,160 multiplied by 'x'. For example, if 'x' was 21% (the typical federal rate for corporations in the US), the tax liability would be approximately $6,543.

B. The relative taxable income method requires allocating the tax liability according to the proportion of each entity's income to the total income. So, you divide each entity's income by the total income, then multiply the result by the total tax liability. This will give you the tax liability for each entity.

Learn more about Consolidated Taxable Income here:

https://brainly.com/question/31698911

#SPJ2

At January 1, 2020, Bridgeport Company had plan assets of $296,500 and a projected benefit obligation of the same amount. During 2020 , service cost was $28,400, the settlement rate was 10%, actual and expected return on plan assets were $24,200, contributions were $19,900, and benefits paid were $17,500. Prepare a pension worksheet for Bridgeport Company for 2020. Prepare a pension worksheet for Bridgeport Company for 2020.

Answers

In 2020, Bridgeport Company had an opening balance of $296,500 for both plan assets and projected benefit obligation. After considering various costs and transactions, the company ended the year with plan assets of $316,200 and a projected benefit obligation of $324,750.

Pension Worksheet for Bridgeport Company - 2020

Opening Balance - Plan Assets: $296,500

Opening Balance - Projected Benefit Obligation: $296,500

Service Cost: $28,400

Interest Cost (10% x Opening PBO): $29,650 (296,500 x 10%)

Actual Return on Plan Assets: $24,200

Contributions: $19,900

Benefits Paid: $17,500

Ending Balance - Plan Assets: $316,200 (296,500 + 24,200 + 19,900 - 17,500)

Ending Balance - Projected Benefit Obligation: $324,750 (296,500 + 28,400 + 29,650 - 17,500)

Net Gain or Loss: $0 (Assuming no gain or loss during the year)

Net Prior Service Cost: $0 (Assuming no prior service cost during the year)

Closing Balance - Plan Assets: $316,200

Closing Balance - Projected Benefit Obligation: $324,750

To know more about Company,

https://brainly.com/question/32531667#

#SPJ11

1. In light of your discussion in the previous question, Critically analyze what will be Michael's expansion plans.
2. How would you describe Sunset Boards' cash flows for 2015 ? Critically analyze the company's position.

Answers

Michael's decision to expand his product lines to include custom skateboards will also enable him to differentiate Sunset Boards from other companies that are selling similar products. Sunset Boards is in a good position to grow its business and to compete effectively in the skateboarding industry.

1. Michael's expansion plans- Michael's expansion plans involve selling skateboards to surfers and targeting the market that is looking for a unique design with different colors and custom patterns. He wants to diversify his product lines beyond traditional surfboards. This strategy is relevant because the customers who buy surfboards and skateboards have similar interests. Skateboarding is seen as a compliment to surfing in that it can be done during periods when the surf is not good enough. Skateboarding also allows a surfer to practice his skills outside the water environment, thereby enhancing the overall experience. Michael's decision to expand his product lines to include custom skateboards will also enable him to differentiate Sunset Boards from other companies that are selling similar products.

2. Sunset Boards' cash flows for 2015- Sunset Boards has a strong cash position for 2015 because it has recorded a positive cash flow of $16,000. This is due to the fact that the company's operating activities generated more cash inflows than outflows. The cash inflow from operating activities was $35,000 while the cash outflow from operating activities was $19,000. The cash inflows from operating activities were mainly from sales, which increased from $150,000 to $200,000, while the cash outflows were mainly from expenses incurred in the production and distribution of skateboards.

Overall, the company's cash flow position is strong because it has enough cash to cover its short-term obligations. The positive cash flow also means that the company has enough cash to invest in new projects and to expand its business operations. Therefore, Sunset Boards is in a good position to grow its business and to compete effectively in the skateboarding industry.

To know more about product lines visit :

https://brainly.com/question/26966565

#SPJ11

XBRL Reporting - XBRL.US has formed a workgroup to help develop a taxonomy for the eventual reporting of state and local government financial reports in XBRL format. Its website is xbrl.us/home/government/state-and-local-government/Links to an external site.. Very few governments have actually attempted implementing XBRL reporting using the taxonomy being developed by XBRL.US. However, one county that has converted its financial reports to an XBRL reporting format is Will County, IllinoisLinks to an external site.. At least three years of financial reports have been provided by the Will County Auditor's Office. You will need to access the XBRL.US website and the Will County Auditor's website for its Open Government Center to complete this case.
1-What is XBRL, and why is there an interest in its use by state and local governments?
2-What problem is the XBRL.US state and local government workgroup trying to address?
3-Does Will County use any custom tags?
4-What are your thoughts on implementation of XBRL reporting? Is it necessary and achievable?

Answers

1. XBRL (eXtensible Business Reporting Language) is a standardized computer language used for the electronic communication of business and financial data.

2. The XBRL.US state and local government workgroup aims to develop a taxonomy specifically tailored for state and local government financial reporting in XBRL format.

3. To determine whether Will County uses any custom tags, it would require accessing the Will County Auditor's website for its Open Government Center and examining the XBRL reports provided by the county.

4. The implementation of XBRL reporting offers numerous benefits, including streamlined data collection, improved data accuracy, and enhanced transparency. However, it also presents challenges, such as the need for standardized taxonomies, training, and compliance enforcement.

State and local governments have an interest in using XBRL because it allows for efficient and accurate reporting, simplifies data analysis, enhances transparency, and facilitates comparisons between different entities' financial information.

The workgroup seeks to address the lack of standardized reporting formats in this sector, which can lead to inefficiencies, inconsistencies, and difficulties in comparing financial information across jurisdictions.

Whether XBRL reporting is necessary and achievable depends on the specific context and objectives of state and local governments. While it may be beneficial in terms of efficiency and transparency, the decision to implement XBRL reporting should consider factors such as resource availability, technological capabilities, and the overall goals of financial reporting in the public sector.

Learn more about XBRL here:

https://brainly.com/question/31453529

#SPJ11

PR & Society Business Question: EXPLAIN WHY
AND HOW THE U.S. GOVERNMENT USED PROPAGANDA DURING WWI? SPECIFIC
REASONS AND EXAMPLES REQUIRED.

Answers

During WWI, the U.S. government used propaganda to shape public opinion, recruit soldiers, promote patriotism, demonize the enemy, and encourage support for war efforts. Examples include posters, films, and speeches.

During World War I, the U.S. government utilized propaganda as a strategic tool to shape public opinion, garner support for the war effort, and influence the perception of the enemy. Propaganda played a crucial role in mobilizing the American population and achieving specific objectives. Here are some specific reasons and examples of how the U.S. government employed propaganda during WWI:

1. Recruitment and Patriotism: Propaganda was used to encourage recruitment and instill a sense of patriotism among Americans. Posters, pamphlets, and advertisements portrayed the war as a noble cause, appealing to citizens' sense of duty and national pride. For example, the famous "I Want You" poster featuring Uncle Sam urging people to join the military became an iconic symbol of recruitment efforts.

2. Demonizing the Enemy: Propaganda aimed to dehumanize and vilify the enemy to generate fear, anger, and a strong sense of national unity. German soldiers were often portrayed as ruthless, barbaric, and menacing, while Allied forces were depicted as defenders of justice and freedom. Anti-German sentiment was fueled through images and stories highlighting alleged atrocities committed by the enemy.

3. War Bonds and Financial Support: The U.S. government utilized propaganda to promote the sale of war bonds and raise funds for the war. Posters and advertisements urged citizens to invest in war bonds as a patriotic duty, emphasizing the importance of financial support for the war effort. These efforts were aimed at generating public participation and financing the war.

4. Censorship and Control of Information: The government exercised strict control over information flow to maintain morale and control public opinion. News media were censored, and propaganda was disseminated to present a positive narrative of the war. Any negative news or dissenting viewpoints were suppressed or minimized to prevent undermining support for the war.

5. Influence on Public Opinion: Propaganda aimed to shape public opinion by promoting a favorable image of the government's actions and policies. The Committee on Public Information (CPI), led by journalist George Creel, played a significant role in coordinating propaganda efforts. They distributed pro-war literature, organized rallies, and controlled media messages to ensure a unified narrative supporting the war.

learn more about U.S. government

brainly.com/question/30381578

#SPJ11

The highest level of support that a manager can provide the training process is to
demonstrate acceptance of the training.
participate in training as an instructor.
redo the goals of the training program.
boost the self-efficacy of trainees.
administer awards to successful employees.

Answers

The highest level of support that a manager can provide in the training process is to boost the self-efficacy of trainees. This involves instilling confidence and belief in trainees' abilities to successfully apply their newly acquired skills and knowledge.

Boosting the self-efficacy of trainees is crucial for the effectiveness of the training process. Self-efficacy refers to an individual's belief in their ability to perform a specific task or achieve desired outcomes. When managers actively work to enhance trainees' self-efficacy, they contribute to the trainees' motivation, confidence, and overall performance.

By demonstrating belief in trainees' capabilities, providing constructive feedback, and offering encouragement and support, managers can positively influence trainees' self-efficacy. This can be done through various means such as setting realistic goals, offering mentoring or coaching, providing resources and tools for practice, and recognizing and celebrating trainees' progress and achievements.

When managers prioritize and actively engage in boosting trainees' self-efficacy, they create an environment that fosters learning, growth, and continuous improvement. This level of support enhances the effectiveness of the training process and increases the likelihood of successful skill transfer and application in the workplace.

Learn more about  managers here: https://brainly.com/question/33458332

#SPJ11

Explain
the benefits of affective commitment over continuance commitment
with the employees. How can Michael achieve the desired affective
commitment?

Answers

Affective commitment offers higher engagement and loyalty, and Michael can foster it by creating a positive work environment, strong relationships, open communication, recognition, and growth opportunities.

The benefits of affective commitment over continuance commitment include higher employee engagement, loyalty, and job satisfaction. Michael can achieve the desired affective commitment by fostering a positive work environment, building strong relationships with employees, promoting open communication, recognizing and rewarding employees' contributions, and providing opportunities for personal and professional growth.

This will create a sense of attachment and emotional connection, leading employees to be more committed to the organization beyond mere obligation or perceived costs, resulting in increased productivity and organizational success. Michael should focus on aligning values, creating a supportive culture, and emphasizing the meaningfulness and significance of employees' work, which will cultivate a sense of passion, pride, and emotional investment in the organization, ultimately enhancing affective commitment.

Learn more about organization here:

https://brainly.com/question/33444004

#SPJ11

Suppose you are considering buying an apartment, your annual gross income is $82,000. You are allowed 35% of monthly gross income for PITI. Assume that your monthly consumption for living is $500, monthly property taxes and insurance amount to be $450. You can get a 25-year mortgage with an interest rate of 6%, and repayments at the end of each month. You do not want to pay PMI, so you will pay at least 80% of the apartment via mortgage loan. Calculate your affordable purchase price for the apartment?

Answers

The affordable purchase price for the apartment would be approximately $302,671.41.

To calculate the affordable purchase price for the apartment, we need to consider the following factors:

Monthly Gross Income: $82,000 / 12 = $6,833.33 (monthly gross income)

Maximum PITI (Principal, Interest, Taxes, and Insurance) Payment:

Monthly PITI = Monthly Gross Income * 35% = $6,833.33 * 0.35 = $2,391.67

Monthly Consumption for Living: $500

Monthly Property Taxes and Insurance: $450

Monthly Mortgage Payment:

Monthly PITI = Monthly Mortgage Payment + Monthly Property Taxes and Insurance

Monthly Mortgage Payment = Monthly PITI - Monthly Property Taxes and Insurance

Monthly Mortgage Payment = $2,391.67 - $450 = $1,941.67

Loan-to-Value (LTV) Ratio:

The loan amount should be at least 80% of the purchase price.

Loan Amount = 80% of Purchase Price

Mortgage Loan Calculation:

Using the loan amount, interest rate, and loan term:

Loan Amount = Purchase Price - Down Payment

Since the loan term is 25 years and the interest rate is 6%, we can use a mortgage loan calculator to determine the affordable purchase price based on the monthly mortgage payment.

Using the loan amount of $1,441.67, the interest rate of 6%, and the loan term of 25 years, we can calculate the affordable purchase price.

Using the mortgage loan calculator, the calculated affordable purchase price for the apartment is approximately $302,671.41.

Therefore, based on the given information and calculations, the affordable purchase price for the apartment would be approximately $302,671.41.

Learn more about purchase from the given link

https://brainly.com/question/30096961

#SPJ11


#20
Aluminum maker Alcoa has a beta of about 0.57 , whereas Hormel Foods has a beta of 1.75 . If the expected excess return of the market portfolio is 6 % , which of these firms has a high

Answers

In order to determine which firm has a higher expected return, we can use the Capital Asset Pricing Model (CAPM). This model helps investors determine an expected return on a particular investment based on the risk-free rate of return, the expected return on the market portfolio, and the asset's beta value.

Therefore, the firms with higher betas have a higher expected return than firms with lower betas.Here, Alcoa's beta is 0.57 and Hormel Foods' beta is 1.75. Therefore, Hormel Foods has a higher beta. Since the expected excess return of the market portfolio is 6%, we can calculate the expected return for both firms using the CAPM formula:Expected Return = Risk-Free Rate + Beta(Expected Return on the Market - Risk-Free Rate)Let us assume that the risk-free rate of return is 3%.For Alcoa,

Expected Return = 0.03 + 0.57(0.06 - 0.03)Expected Return

= 0.03 + 0.57(0.03)Expected Return

= 0.0489 or 4.89%For Hormel Foods,Expected Return

= 0.03 + 1.75(0.06 - 0.03)Expected Return

= 0.03 + 1.75(0.03)Expected Return

= 0.0875 or 8.75%Hormel Foods has a higher expected return than Alcoa.  

to know more about CAPM visit:

https://brainly.com/question/32689173

#SPJ11

Car Reviews. Consumer Reports magazine prints a review of new cars and does not accept free products or run any advertisements from any companies.

Answers

Consumer Reports magazine provides unbiased car reviews without accepting free products or running advertisements from any companies.

Consumer Reports magazine is known for its impartial and reliable car reviews. One of the key factors that sets it apart from other publications is its commitment to maintaining independence by not accepting free products or running advertisements from any companies. This ensures that the reviews are not influenced by any external factors and are solely based on the magazine's own evaluations and testing.

By refusing free products, Consumer Reports avoids any potential bias that could arise from the desire to maintain good relationships with manufacturers or the temptation to give positive reviews in exchange for freebies. This unbiased approach allows them to provide accurate assessments of a car's performance, reliability, safety, and other important aspects without any conflicts of interest.

Moreover, the absence of advertisements from any companies further reinforces the magazine's independence and credibility. Advertisements have the potential to influence content and create a perception of bias, as companies may expect favorable coverage in return for their advertising investment. Consumer Reports' decision to exclude advertisements ensures that their reviews are not swayed by any external pressures and remain focused solely on providing objective information to consumers.

In conclusion, Consumer Reports' refusal to accept free products and run advertisements from any companies is a testament to their commitment to providing unbiased car reviews. This approach ensures that their evaluations are based solely on their own testing and analysis, free from any potential conflicts of interest or external influence. Consumers can rely on Consumer Reports as a trustworthy source of information when making informed decisions about purchasing new cars.

Learn more about Products

brainly.com/question/33332462

#SPJ11

At lunchtime, Mustard's Last Stand sells hotdogs, chips, and soft drinks from five portable hotdog carts stationed on busy street corners. The depreciation cost on the carts is $1,000 per year for each cart. The company buys supplies (hotdogs, chips, cups, napkins) as needed. The five cart operators are each paid $8,000 per year plus five percent of sales revenue. Relative to the number of hours worked, the total compensation cost for the cart operators is: • variable • strategic • fixed • mixed

Answers

The total compensation cost for the cart operators at Mustard's Last Stand is a mixed cost, consisting of both fixed and variable components.

Mixed costs consist of both fixed and variable elements. In the case of the cart operators at Mustard's Last Stand, their compensation cost includes both a fixed salary component of $8,000 per year and a variable component based on a percentage of sales revenue. The fixed component of $8,000 per year is a predetermined amount that remains constant regardless of the level of sales or hours worked. This represents the base salary paid to each cart operator.

The variable component is based on a percentage of sales revenue. As the sales increase, the compensation cost for the cart operators also increases. This variable component is directly tied to the level of business activity and varies in proportion to the sales generated by the cart operators.

Therefore, the total compensation cost for the cart operators is a mixed cost, as it includes both a fixed component (base salary) and a variable component (percentage of sales revenue). The fixed component remains the same, while the variable component fluctuates based on sales performance.

Learn more about revenue here: https://brainly.com/question/30235855

#SPJ11

All of the following are false except the higher the risk, the lower the expected return The Rule of 72 uses interest rate and time to approximate the duration needed for funds to double increasing the frequency of compounding at a given a fixed interest rate decreases the future value of a sum the payment from an annuity due always occurs at to

Answers

The information you provided is correct. The present value of a perpetuity formula can be used to determine the price of a preferred stock that pays a constant dividend indefinitely. By dividing the annual dividend payment by the required rate of return, we can calculate the present value of the perpetuity.

In this case, with an annual dividend of $3.73 and a required rate of return of 9.4%, the calculation yields a price of $39.68 for the preferred stock.

If you need more information about preferred stocks or have any other questions, feel free to ask!

To know more about Perpetuity visit  
https://brainly.com/question/33695126
#SPJ11

Discuss the relationship between GDP, GDP per capita and population growth rate. Start with your hypothesis about what you expect this relationship to be, and why. Include and describe a ten-year chart of each of these variables. Comment on whether your country’s data supports your hypothesis.

Answers

GDP, GDP per capita, and population growth rate are interconnected economic indicators.

It is hypothesized that countries with higher GDP per capita tend to experience lower population growth rates due to improved living standards and access to resources. Conversely, countries with lower GDP per capita may have higher population growth rates as they face challenges in meeting the needs of a growing population. Analyzing a ten-year chart of these variables can provide insights into this relationship. The relationship between GDP, GDP per capita, and population growth rate can be observed by analyzing their trends over a ten-year period. A country with a higher GDP per capita implies a higher level of economic development, indicating better living standards and access to resources. This can lead to improved healthcare, education, and family planning, which may result in a lower population growth rate. On the other hand, countries with lower GDP per capita may struggle to provide adequate resources and opportunities to their population, leading to higher population growth rates.

Learn more about GDP here:

https://brainly.com/question/30504843

#SPJ11

Read the following examples of different specialty retailers. Identify the type of specialty retailer.
Toys "R" Us:
Marshalls:
Burlington Coat Factory:
Hallmark:
T.J. Maxx:
Petco:
Einstein’s Bagels:

Answers

Toys "R" Us: Specialty retailer focused on toys and children's products. Marshalls: Specialty retailer offering discounted fashion apparel and home goods.

Burlington Coat Factory: Specialty retailer specializing in discounted clothing, accessories, and home furnishings, with a particular emphasis on coats.

Hallmark: Specialty retailer specializing in greeting cards, gifts, and other related products.

T.J. Maxx: Specialty retailer offering discounted fashion apparel, accessories, and home goods.

Petco: Specialty retailer focused on pet supplies, including food, toys, and accessories.

Einstein's Bagels: Specialty retailer specializing in bagels, baked goods, and breakfast items.

In summary, the identified specialty retailers are:

Toys "R" Us - Toys and children's products.

Marshalls - Discounted fashion apparel and home goods.

Burlington Coat Factory - Discounted clothing, accessories, and home furnishings, with a focus on coats.

Hallmark - Greeting cards, gifts, and related products.

T.J. Maxx - Discounted fashion apparel, accessories, and home goods.

Petco - Pet supplies.

Einstein's Bagels - Bagels, baked goods, and breakfast items.

Learn more about discounted here

https://brainly.com/question/29791643

#SPJ11

Explain why you believe the brand you selected has high brand equity. Your response should demonstrate an accurate understanding of the term "brand equity" and a well-thought perspective on why the brand has high brand equity.

Answers

Stella Artois has high brand equity due to its premium positioning, strong brand associations, loyal consumer base, effective marketing, and consistent delivery of quality.

Brand equity refers to the commercial value and reputation that a brand holds in the market. It represents the overall perception, recognition, and trust that consumers have towards a particular brand. Several factors contribute to high brand equity, such as brand awareness, brand associations, perceived quality, brand loyalty, and brand assets.

In the case of the brand I selected, Stella Artois, it can be argued that it has high brand equity. Stella Artois has a long-established presence in the beer industry and has successfully built a strong brand image over the years. The brand is known for its premium positioning, quality brewing techniques, and heritage.

One aspect contributing to Stella Artois' high brand equity is its brand associations. The brand has strategically positioned itself as a sophisticated and premium beer choice, appealing to consumers who value craftsmanship and elegance.

The iconic Stella Artois chalice glass and its association with upscale events and settings further enhance the brand's image and perceived value.

Additionally, Stella Artois has been successful in building brand loyalty among its consumers. Many individuals, like Monica, Ross, and Joey in the given scenario, become strong fans and develop an emotional connection with the brand. This loyalty is often built on consistent delivery of quality and positive experiences associated with the brand.

Moreover, Stella Artois has invested in effective marketing campaigns and sponsorships, which have further increased its brand awareness and visibility. The brand's continuous efforts to maintain high standards and deliver a premium product have contributed to its reputation and consumer trust.

In summary, Stella Artois possesses high brand equity due to its strong brand associations, premium positioning, brand loyalty, effective marketing, and consistent delivery of quality. These factors collectively contribute to the brand's positive perception, recognition, and value in the market.

For more question on loyal consumer visit:

https://brainly.com/question/31727501

#SPJ8

Other Questions
Jackie is considering buying tornado insurance. Currently, withoutinsurance, she has a wealth of $80,000. A tornado ripping throughher homestead will reduce her wealth by $60,000. The chance of this 1) In a multi-cavity injection molding, two cavities are filled with a polymer melt, where the volume of cavity 1 is 4 times cavity 2:V1=4 V2. To achieve equal part quality, the filling time for both cavities must be balanced. We assume that the polymer melt is a Newtonian liquid and the runner systems to both cavities are tubular and have the same length: (a) if both plasticating units provide the same pressure, what should be the ratio of R1 (radius of runner to cavity 1 ) to R2 (radius of runner to cavity 2 )? (b) if both runner systems have the same radius, R1=R2, what should be the ratio of P1 (pressure generated by plasticating unit 1) to P2 (pressure generated by plasticating unit 2)? (c) Since polymer melts do not usually behave Newtonian under injection molding shear rates, how will predictions in part (a) for R1/R2 ratio and in part (b) for P1/P2 ratio be affected? Acqueed arived Reculined (CE). whet, and a eaienint of cail fovis Problem 4-2bA Mehiuep def cennse kicr itceme statement Required the wistreth (is that jrat 3 prious. Required (CE) winel Beavered Hequibed Problem 4.28A Campetsendir orle perthet, and a clutinnat of cantr nives. \begin{tabular}{c} 2,43,44,45 \\ 47 \\ e 1 ce \\ \hline \end{tabular} EK FIGURES Income: $11,364 During Year 2, the company experienced the following events: 1. Purchased inventory that cost $15,200 on account from Ross Company under terms 1/10, n/30. The merchandise wus delivered FOB shipping point. Transportation costs of $200 were paid in cash. 2. Returned $800 of the inventory it had purchased because the inventory was damaged in transit. The seller agreed to pay the return transportation cost. 3. Paid the amount due on its account payable to Ross Company within the cash discount period. 4. Sold inventory that had cost $18,000 for $32,000 on account, under terms 2/10, n/45. 5. Received merchandise returned from a customer. The merchandise originally cost $800 and was sold to the customer for $1,500 cash. The customer was paid $1,500 cash for the returned merchandise 6. Delivered goods FOB destination in Event 4. Transportation costs of $140 were paid in cash. 7. Collected the amount due on the account receivable within the discount period. 8. Took a physical count indicating that $21,100 of inventory was on hand at the end of the accounting period During Year 2, the company experienced the following ovents: 1. Purchased inventory that coss $15,200 on account from Ross Company under ternis 1/ id, nhat The merchandise was delivered FOB shipping point. Transportation costs of $200 were paicd in cash 2. Returned $800 of the inventory it had purchased because the inventory was damaged in tratise, The seller agreed to pay the return transportation cost. 3. Pald the amount due on its account payable to Ross Company within the cish disconint nernit. 4. Sold inventory that had cost $18,000 for $32,000 on account, under terms 2/10,n/45, 5. Received merchandise returned from a customer. The merchandise originally cost $800 and wai whl to the customer for $1,500 cash. The customer was paid $1,500 cash for the returned merchantite. 6. Delivered goods FOB destination in Event 4. Transportation costs of $140 were paid in cah 7. Collected the amount due on the account receivable within the discount period. 8. Took a physical count indicating that $21, 100 of inventory was on hand at the end of the accuuntis period, Required a. Identify these esents as asset source (AS), nsset use (AU), asset exchange (AE), or claims cichare (CE). b. Record each event in a horizontal financial statements model like the following one: to the customer for $1,500 cash. The customer was paid $1,500 cash for the returned merchastice 6. Delivered goods FOB destination in Event 4. Transportation costs of $140 were paid in cibh. 7. Collected the amount due on the account receivable within the discount period. 8. Took a physical count indicating that $21,100 of inventory was on hand at the end of the ascourth period. Required a. Identify these events as asset source (AS), asset use (AU), asset exchange (AE), or clutims eichay (CE). b. Record cach event in a horizontal financial statements model like the following one: c. Prepare a multistep income statement, a statement of changes in stockholders' cquity, a bulant sheet, and a statement of cash flows. Problem 4-26A Multistep and common size income statements 5. Analysis'Findings This is the body of the peoject. You are required to answer all the questions as per the subbeadings mentioned in the REQLIREMENTS section above (1-$) (APPLICATION TO YOUR PRODLCT). 6.0 Recommendations Your recommendations should be related to the topic related to Implementation, Control and Evaluation and what points yoa may reconsmend to further impereve your product. 7.0 Conclusions A conclusion draws together and summarizes the ideas and findings presented in the body. 8.0 Bibliography' References Use the Harvard style of referencing (from the Moodle). Include all references cited in your analysis. Please note that the source of all infonmation and ideas that are not your own should be acknowledged using standard conventions on referencing. Make sure you do not forget to sign the Plagiarism Statement by declaring that the individual project is your owa piece of work and that all sources have been daly acknowledged. - Project must be legible and written in peoper English. This means that it must be peoof read, spell checked and conrected before submission. Your project must be typed on one side of the page only and make sure that your references are properly cited, if you have used other materials to support your answer. - Marks will be deducted for poor English, spelling. granmar cte. - Ensure to follow the guidelines mentioned as failure bo do so will be detrimental in terms of grading for this assignment. Magazines often report surveys giving statistics such as ""63% of women expect the man to pay on the first date."" Are these random samples? Why or why? Explain. How important do you think Technical Writing is in theworkplace? What kinds of documents do you think you would write inthe IT industry? A delivery service feels they could increase their profits by purchasing a new truck for $55,000. This should lead to increased profits of $18,500 in the 1 st year, $15,000 in the 2 nd year, and $7,500 in the 3 rd year. It could sell the truck at the end of 3 years for $14,000. a. If the company's required rate of return is 7.5\% compounded annually, what is the Discounted Cash Flow (DCF) of the net a. 11 lie cuilpaily s iequireu idie ir ietuin is 7.5\% compounded annually, what is the Discounted Cash Flow (DCF) of the net returns? Round to the nearest cent b. Is this a worthwhile investment? a. Yes Round to the nearest cent b. Is this a worthwhile investment? a. Yes b. No 12. What can you do when editing your message for conciseness? 13. To achieve an effective design, pay careful attention to the elements of design, which include: 14. Any space that doesn't contain text or artwork, both in print and online, is considere 15. Describe typeface. Ilana industries Incorporated needs a new lathe. It can buy a new high-speed lathe for $2.0 million. The lathe will cost $31,000 per year to run, but it will save the firm $184,000 in labor costs and will be useful for 10 years. Suppose that, for tax purposes, the lathe is entitled to 100% bonus depreclation. At the end of the 10 years, the lathe can be sold for $470,000. The discount rate is 10%, and the corporate tax rate is 21%. What is the NPV of buying the new lathe? Note; A negative amount should be indicated by a minus sign. Enter your answer in dollars not in millions. Do not round intermediate calculations. Round your answer to 2 decimal places. Suppose Y 1,,Y nare independent random variables from a distribution with the following probability density, f Y(y)={ 22y,0,0elsewhere. (1) (6pts) For random variable Y 1, (note: Y 1is NOT the first order statistic!) (a). (2pts) Find EY 1= ? (b). (2pts) Find EY 12= ? (c). (2pts) Find Var(Y 1)= ? (2) (6pts) Suppose we are interested in estimating the parameter . Consider the first estimator 1= Y= n1 i=1nY i. (a). (3pts) Find the Bias( 1)= ? (b). (3pts) Find the Var( 1)= ? TB MC Qu. 6-54 (Algo) Awtis Corporation has a margin of... Awtis Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $296,400 and the vatiable expenses are 45% of sales. Given this information, the actual profit is: Multiple Choice 554,340 514,820 $79.040 $40.755 According to the CAPM, companies that have higher discount rates should also have lower betas. True False make a BEOEvent Name, Dates and TimesThis is basic topline information that every BEO should contain.Key ContactsIdeally this should provide the name, phone number and email address of key stakeholders, including the client (individual, group or company), sales manager, general manager, kitchen contact, head bartender, etc.Vendor InformationOften outside vendors are required for the execution of an event (like DJs, bands, speakers, rental companies, florists, outside caterers, etc), and this area can include their names, responsibilities and contact information.HeadcountsCan include minimum, expected and guaranteed number of guests as well as meal count breakdowns.Food and CateringIf meals, appetizers and/or snacks are being served, this section should include items like menus (with breakdowns for entree options), service type (buffet, sit down, etc.), food costs/prices, dietary concerns or dietary restrictions, vendor meals and childrens meals.Beverage ServiceAt the least, this section should offer water/coffee/soft drink service offerings, and if alcohol is included, there should be breakdowns on what is being served, in what quantities and at what cost. Note that most party and wedding banquet event orders will include bar service details.Order of Events TimelineSometimes called a run-of-event schedule, sometimes called an event agenda or timeline, this should detail in chronological order the timing and locations of items like event setup/teardown, guest arrival, food-and-beverage service and clearing, entertainment/speakers, vendor cues, etc.Venue and Room AssignmentsThis section identifies the specific rooms and areas where event activities are being held and the rental fees for each.Setup InstructionsMany events require extensive furnishings, equipment and decor, including tables, linens, centerpieces, chairs, stages, podiums, microphones, speakers, screens, lighting and other event-related resources. This section outlines required equipment lists and necessary instructions (like number of chairs at tables, height of stages, etc.). Note that audio visual items are frequent items in this list.Parking/TransportationIf necessary, this outlines self-parking/parking lots, valet, shuttle, public and other applicable transportation options. However, parking details can also be included in the setup or special requests sections.Pricing SummaryWhile not as extensive as a proposal or invoice, the banquet event order can contain pricing totals and overall breakdowns so the client can re-confirm their financial commitment.Special RequestsIf the client has made or paid for any special items or services, this is where those items would be described. These requests would usually be outside the bounds of or in addition to normal services or resources that are offered in the other areas of the BEO.Terms and ConditionsSome BEOs double as client contracts, and as such contain basic legal language of the binding nature of the document once it is signed.Signature LinesIf your BEO template contains terms and conditions, then you will also need a signature area to either physically or electronically capture signatures (with dates) for a client and a representative of your company. The purpose of this is for the client to confirm that they agree on what will be delivered on the designated days and times and what they will be paying for them. MY Autobodys adjusted trial balance on December 31, 2023, appears in the work sheet as follows: No. Account Debit Credit 101 Cash $ 27,900 124 Shop supplies 1,750 128 Prepaid insurance 4,100 167 Equipment 87,500 168 Accumulated depreciation, equipment $ 7,400 201 Accounts payable 18,900 210 Wages payable 8,760 301 Mike Yang, capital 139,000 302 Mike Yang, withdrawals 35,500 401 Repair revenue 156,730 612 Depreciation expense, equipment 8,400 623 Wages expense 104,400 637 Insurance expense 1,850 640 Rent expense 51,850 650 Office supplies expense 4,700 690 Utilities expense 2,840 Totals $ 330,790 $ 330,790 There were no investments by the owner during the year. Prepare an income statement for the year ended December 31, 2023 A starting lineup in a basketball consists of two guards, two forwards, and a center. a. A certain college team has on its roster 4 centers, 6 guards, 6 forwards, and one individual (X) who can play either guard or forward. How many different starting lineups can be created? (Hint: Consider lineups without X, then lineups with X as guard, then lineups with X as foward.) b. Now suppose the roster has 8 guards, 8 forwards. 6 centers, and 2 "swing players" ( X and Y ) who can play either guard or forward. If 5 of the 24 players are randomly selected, what is the probability that they constitute a legimate starting lineup? A box contains 20 balls. 7 are red balls, 4 are yellow balls, and the rest are white balls. The experiment consists of taking three balls from the box, without replacement, and seeing how many of each color you took. What is the probability that all of the balls are the same color? Calculate your answer rounded to three decimal places. Assume you are responsible for the developing the appropriate marketing mix (product, price, distribution, promotion) for a new sports medicine clinic set to open next year for University Health System, located in downtown Philadelphia, PA that is attempting to target both urban and suburban service areas. The information you provide will be used to develop and implement a strategy by system health executives. Provide reasoning as to how the marketing mix will be used, which items are more important for this initiative (or all they are?), and the implications on the health system as a whole resulting from the sport medicine clinic. A Medicare prepayment screen:a. identifies claims to review for medical necessityb. monitors the number of times given procedures can be billed during a specific time framec. identifies claims to review for medical necessity and monitors the number of times given procedures can be billed during a specific time frame.d. neither identifies claims to review for medical necessity nor monitors the number of times given procedures can be billed during a specific time frame Harry buys party supplies for a total of $34. 76. He now has $14. 27 left. How much money did Harry have before buying party supplies? Limited partnersfor the private equity include:O Angel investors& intermediaries & Sovereign wealth.O Angel investors& pension funds & corporations,O All of the aboveare incl