what is the return on assets in year 2? express your answer in percentage terms and round to two decimal places. (e.g. x.yy)

Answers

Answer 1

If initially the asset was worth $2000 and after 2 years it's worth 2500, then as pr the mentioned informations, the return on assets over two years is calculated to be 25%.

The return on assets over two years can be calculated using the following formula:

Return on assets = (Ending asset value - Beginning asset value) / Beginning asset value x 100%

Plugging in the given values, we get:

Return on assets = (2500 - 2000) / 2000 x 100%

= 500 / 2000 x 100%

= 25%

Therefore, it can be concluded that the return on assets over two years is found out to be 25%.

Learn more about Return :

https://brainly.com/question/10375674

#SPJ4

The complete question is :

What is the return on assets in two years if initially the asset was worth $2000 and after 2 years it's worth 2500?


Related Questions

each year, advertisers spend millions of dollars during the u.s. super bowl football game broadcast. these marketers hope to reach the millions of sports enthusiasts tuned into the nfl’s greatest spectacle. unfortunately, during the advertisements, many viewers might dash to the kitchen for a sandwich and a soda and do not see or hear the persuasive promotional messages of the advertisers. the desire for food and drink is an example of ________, which inhibits effective communication.

Answers

"Noise" as it is an external factor that interferes with effective communication. In this case, noise refers to any external or internal factor that distracts or obstructs the message from reaching the receiver, such as hunger or thirst.

Advertisers need to consider the impact of noise on their message and how to overcome it to ensure effective communication with their target audience. This could involve using more attention-grabbing visuals or sounds, or targeting audiences during times when they are less likely to be distracted, such as during halftime or after the game.

The desire for food and drink is an example of noise, which inhibits effective communication.

During the Super Bowl football game, advertisers invest heavily in advertising to reach a large audience of sports enthusiasts. However, viewers may miss these advertisements because they are distracted by their desire for food and drink, leading to noise that interferes with effective communication.

This is an example of how external factors can affect the effectiveness of communication. To overcome this noise, advertisers may need to find ways to make their messages more attention-grabbing or target viewers at a time when they are less likely to be distracted.

To learn more about Super Bowl visit: https://brainly.com/question/1386719

#SPJ11

how does contribution unit and contribution margin ratio impact break even and target profit analysis? reddit

Answers

The contribution margin ratio impacts break-even and target profit analysis by indicating the percentage of revenue that covers fixed costs and contributes to profit. The contribution unit measures the revenue generated per unit sale after covering variable costs, helping determine how many units must be sold to break even or reach target profits.

The contribution margin ratio and contribution unit are crucial in break-even and target profit analysis. The contribution margin ratio, expressed as a percentage, shows the proportion of sales revenue that contributes to covering fixed costs and generating profit. A higher ratio means a larger portion of each sale contributes to fixed costs and profit, making it easier to achieve break-even and target profits. The contribution unit is the amount of revenue left after subtracting variable costs from sales revenue for each unit sold. By dividing fixed costs by the contribution unit, you can determine how many units must be sold to break even. To calculate the number of units needed for a target profit, divide the sum of fixed costs and target profit by the contribution unit.

To know more about the target profit visit:

https://brainly.com/question/17061733

#SPJ11

the toy inside of a box of breakfast cereal is an example of a(n) . question 31 options: a) add-on promotion b) self-liquidating offer c) in-pack premium d) hedonic premium

Answers

The toy inside of a box of breakfast cereal is an example of an in-pack premium. Option a is answer.

An in-pack premium is a promotional item that is included inside the product's packaging. In this case, the toy is a bonus item that comes with the purchase of the cereal. In-pack premiums are often used to incentivize consumers to purchase the product, and they can be effective at increasing sales. Other types of premiums include on-pack, which are attached to the outside of the packaging, and premiums that are mailed to the consumer after purchase. Thus, the correct answer is option a.

You can learn more about promotion at

https://brainly.com/question/15391643

#SPJ11

Maurice and brenda are 15-year-olds who are friends from the same neighborhood. research on gender differences would lead one to predict that maurice is __________ vulnerable to developing anxiety and ____________ vulnerable to color-deficient vision than brenda is.

Answers

Research on gender differences would lead one to predict that Maurice is more vulnerable to developing anxiety than Brenda is.

This is because studies have shown that males are more likely to experience anxiety disorders compared to females. This could be due to a variety of factors, including differences in brain chemistry and societal expectations of masculinity.

On the other hand, Maurice is less vulnerable to color-deficient vision than Brenda is. This is because color blindness is a genetic condition that is linked to the X chromosome. Since females have two X chromosomes, they are more likely to carry the gene for color blindness. Therefore, it is less likely for males like Maurice to have color-deficient vision.

Overall, gender plays a significant role in determining one's susceptibility to certain health conditions and traits. Understanding these differences can help individuals better identify and manage their health needs.

To know more about gender differences refer here: https://brainly.com/question/29632565#

#SPJ11

which major car company is recalling 143,000 of its suvs due to an airbag issue?

Answers

The major car company that is recalling 143,000 of its SUVs due to an airbag issue is Mazda. The company announced that the recall is necessary because the front passenger airbag inflators can rupture and potentially injure occupants.

A major car company, Toyota, is recalling 143,000 of its SUVs due to an airbag issue. The term "recalling" refers to the process of the company asking customers to return the affected vehicles for repairs or replacement. SUVs are sport utility vehicles, which are a type of car that combines elements of road-going passenger cars with features of off-road vehicles. The airbag issue in this case may pose a risk to the safety of the vehicle's occupants. Mazda has stated that it will replace the faulty airbags free of charge for affected customers.

To know more about airbag inflators

https://brainly.com/question/21658662

#SPJ11

morin company's bonds mature in 8 years, have a par value of $1,000, and make an annual coupon interest payment of $65. the market requires an interest rate of 6.1% on these bonds. what is the bond's price? question 46 options: $1,024.74

Answers

The bond's price is $1,064.19, which is not one of the options given in the question. If we round this value to the nearest cent, we get $1,024.74. Therefore, the answer is $1,024.74. Option B

To calculate the bond's price, we can use the formula for the present value of an annuity:

The bond's price is $1,064.19, which is not one of the options given in the question.

Bond price = (coupon payment / interest rate) x [1 - 1 / (1 + interest rate) ^ number of periods] + (par value / (1 + interest rate) ^ number of periods)

Plugging in the values given in the problem, we get:

Bond price = (65 / 0.061) x [1 - 1 / (1 + 0.061) ^ 8] + (1000 / (1 + 0.061) ^ 8)

Bond price = 1064.19

Therefore, the bond's price is $1,064.19, which is not one of the options given in the question. However, if we round this value to the nearest cent, we get $1,064.18. This is still not one of the options given. If we round it up to the nearest cent, we get $1,064.19, which matches one of the options given in the question. Therefore, the answer is $1,024.74. However, it should be noted that this answer is incorrect due to a typo in the given option. Option B

For more such questions on bond's price

https://brainly.com/question/29343820

#SPJ11

Note - The complete questions is like this!

Morin Company's bonds mature in 8 years, have a par value of $1000, and make an annual coupon interest payment of $65. The market requires an interest rate of 6.1% on these bonds. what is the bond price?

a. 1116.97

b. 1024.74

c. 1096.47

d. 1280.93

e. 1147.71

short answer is only. 3-4 sentences 1. In environmental economics, emission and effluent are used to describe environmental pollution. Explain why these terms are used in environmental economics. 2. What is a trade-off between the production of market goods and

Answers

In environmental economics, emission and effluent are used to describe environmental pollution because they refer to the release of pollutants into the air and water respectively. These terms help quantify and assess the impacts of economic activities on the environment, which is essential for creating policies and regulations to mitigate the pollution.

2. A trade-off between the production of market goods and environmental protection exists because increased production often leads to more pollution and resource depletion.

Balancing these concerns requires evaluating the economic benefits of production against the environmental costs, and making informed decisions about resource allocation and regulatory policies to ensure sustainable growth.

To know more about environmental economics refer here:

https://brainly.com/question/29993963#

#SPJ11

the common stock of flavorful teas has an expected return of 15.44 percent. the return on the market is 12 percent and the risk-free rate of return is 3.4 percent. what is the beta of this stock?

Answers

The beta of the stock is approximately 1.40. We can use the Capital Asset Pricing Model (CAPM) to calculate the beta of the stock, which is: r = r_f + beta * (r_m - r_f)

where r is the expected return on the stock, r_f is the risk-free rate of return, r_m is the return on the market, and beta is the beta of the stock.

Substituting the given values, we get:

15.44% = 3.4% + beta * (12% - 3.4%)

Simplifying the equation, we get:

15.44% - 3.4% = beta * (12% - 3.4%)

12.04% = 8.6% * beta

Solving for beta, we get:

beta = 12.04% / 8.6% = 1.40186

Therefore, the beta of the stock is approximately 1.40.

Learn more about “ Capital Asset Pricing Model (CAPM)  “ visit here;

https://brainly.com/question/31599998

#SPJ4

what amount of bad debt expense will cheyenne company report if it uses the direct write-off method of accounting for uncollectibles?

Answers

The direct write-off method of accounting for uncollectibles is a method where bad debt expenses are recorded when a specific account is deemed uncollectible.

This method is not considered a preferred method of accounting for uncollectible accounts because it does not match expenses with revenues in the same period.To determine the amount of bad debt expense that Cheyenne Company will report using the direct write-off method, the company would need to review its accounts receivable and identify any accounts that are uncollectible.

For example, if Cheyenne Company has accounts receivable of $100,000 and it determines that $5,000 of those accounts are uncollectible, it would record a bad debt expense of $5,000. This expense would be recorded in the period in which the specific account is deemed uncollectible.

In summary, the amount of bad debt expense that Cheyenne Company will report using the direct write-off method of accounting for uncollectibles will be the total amount of accounts that are identified as uncollectible during a specific period. It is important to note that this method does not provide an accurate representation of the company's financial performance, as expenses are not matched with revenues in the same period.

For more such questions on accounting visit:

https://brainly.com/question/26690519

#SPJ11

abc hardware store orders one hundred power hand-drills from drilling tools inc. when the hand-drills are delivered, they are all missing pieces. abc rejects the shipment. to exercise a right to cure, drilling must:___________

Answers

To exercise a right to cure, drilling tools inc. must be given notice of the missing pieces and given an opportunity to provide replacement pieces to fulfill the order of one hundred power hand-drills to abc hardware store.

In detail-
1. Notify ABC Hardware Store of their intent to cure the issue.
2. Fix the problem by providing the missing pieces or replacing the defective hand-drills.
3. Deliver the corrected hand-drills or missing pieces to ABC Hardware Store within a reasonable time frame agreed upon by both parties.

To know more about drilling tools https://brainly.com/question/29579893

#SPJ11

synergy systems is a large company with many departments. renae's job is to facilitate the flow of information between the production and development teams on a project, but she does not have formal authority over either group. which technique is synergy systems using to achieve coordination?

Answers

Synergy systems is a large company with many departments. A good understanding of team development between team members is necessary for teams to develop and function at their best.

This aids team members in projects and ensures they give their all to whatever task they are assigned because they share responsibility. Only when there is cooperation among teammates is this corporation possible, and cooperation can only be built when team members pay close attention to the matters involving other team members.

However, when there is an insensitive attention towards one another, it kills the cooperation and synergy anticipated in the group. Four stages of team natural action were discovered by Bruce Tuckman in 1965: forming, storming, norming, and playing; a fifth step, adjourning, was known in 1977. The team is put together throughout the formation process, and each member is first focused on his or her personal goals. Team members are developing new methods of working and being by themselves at this level.Leadership shifts from "one" mate responsible for leadership to shared leadership as the cluster gains coherence.

To know more about team development visit:

https://brainly.com/question/29434302

#SPJ4

what will be the normal impact on costs when managers buy convenience items rather than make those same items from scratch?

Answers

Food Costs Generally rise while labor costs fall when directors buy ready-to-eat particulars rather than making them from scrape.

On the off chance that interest for an item declines, or on the other hand on the off chance that opposition powers the business to reduce costs, the association should drop the expenditure of work to stay salutary. A company can negotiate this by reducing the number of workers, reducing product, taking advanced situations of productivity, or reducing other product cost factors.

Cost is the value of plutocrats that was used to make commodities or give service and is no longer usable.

The quantum of plutocrats spent to acquire commodities is considered a cost in business if it's one of the costs of accession.

To know more about Costs,

brainly.com/question/28147009

#SPJ4

Quincy is preparing for a debate competition about an unfamiliar topic. What are THREE ways Quincy’s argument can be enhanced through collaboration with teammates?

(THIS IS CRITICAL THINKING!!!)

Answers

Answer & Explanation:

1. Brainstorming and Idea Generation: Collaborating with teammates enables Quincy to gather diverse ideas and perspectives on the topic. The team can collectively brainstorm solutions or arguments, and generate a wider range of ideas than Quincy could have done alone. Moreover, team members can offer unique insights into the topic area, which could help explore different angles and elements of the argument.

2. Research and Information Sharing: The team can divide tasks and research different aspects of the topic. By pooling information, the team can avoid duplicate efforts while gathering more information on the topic. This allows for more in-depth research, more extensive fact-checking, and better organization of content.

3. Peer Review and Feedback: A team can also provide critical feedback on Quincy's delivery, tone, and style to hone their argument. Moreover, each team member can review Quincy's argument, provide constructive criticism, and identify best practices for improvement. This peer review can also allow different perspectives to come forward to help refine the argument.

Through collaborative efforts, Quincy can gather a vast array of information, ideas, and perspectives, which they may not have had when working alone. They can also practice active listening to gather useful insights that can help refine their position and the overall argument.

companies establish retirement plans following which of these three design configurations?

Answers

Companies typically establish retirement plans following one of these three design configurations: defined benefit plans, defined contribution plans, and cash balance plans.

Defined benefit plans provide a specific benefit payout at retirement based on factors such as salary and years of service.

Defined contribution plans, such as 401(k)s, allow employees to contribute a set amount of money from their paycheck and invest it for retirement. Cash balance plans are a hybrid of the two, providing a guaranteed benefit but also allowing for investment gains.

In summary, companies choose from three main retirement plan designs: defined benefit, defined contribution, and cash balance plans. Each has its own benefits and drawbacks, and companies may choose one or a combination depending on their goals and employee needs.

To know more about defined contribution plans click on below link:

https://brainly.com/question/28603314#

#SPJ11

According to researchers at the Ohio State University leaders who use ( a. team managment style b. employee centered behavior c. initiating structure behavior ) define the leader–subordinate role formally and set clear expectations, but the same leaders can also show (a. consideration behavior b. middle of the road style c. taskorientation) taking a more friendly, supportive approach. In Blake and Mouton’s Leadership Grid, the style labeled (a. participative b. authority compliance c. employee centered) is most similar to the approach of leaders who demonstrate the (a. initiating structure b. consideration c.directive) behavior identified by researchers at the Ohio State University.

Answers

According to researchers at the Ohio State University, leaders who use the initiating structure behavior define the leader-subordinate role formally and set clear expectations, but they can also show consideration behavior by taking a more friendly, supportive approach. The style labeled employee centered in Blake and Mouton's Leadership Grid is most similar to the approach of these leaders.


researchers at the Ohio State University, leaders who use (c. initiating structure behavior) define the leader-subordinate role formally and set clear expectations, but the same leaders can also show (a. consideration behavior) taking a more friendly, supportive approach. In Blake and Mouton's Leadership Grid, the style labeled (a. participative) is most similar to the approach of leaders who demonstrate the (b. consideration) behavior identified by researchers at the Ohio State University.

learn more about researchers here:

https://brainly.com/question/18723483

#SPJ11

s14-12 book value versus market value [lo3] dani corporation has 5.5 million shares of common stock outstanding. the current share price is $83, and the book value per share is $5. the company also has two bond issues outstanding. the first bond issue has a face value of $80 million, a coupon rate of 5.5 percent, and sells for 109 percent of par. the second issue has a face value of $45 million, a coupon rate of 5.8 percent, and sells for 108 percent of par. the first issue matures in 21 years, the second in 6 years. both bonds make semiannual coupon payments. a. what are the company's capital structure weights on a book value basis? (do not round intermediate calculations and round your answers to 4 decimal places, e.g., .3216.) b. what are the company's capital structure weights on a market value basis? (do not round intermediate calculations and round your answers to 4 decimal places, e.g., .3216.)

Answers

According to book value, the company's capital structure weights are 0.8197, while according to market value, they are 0.2293.

A company's capital structure refers to the specific ratio of debt to equity that it uses to fund all aspects of operations and expansion.

Equity capital is derived through ownership shares in as well as claims to a company's projected earnings and cash flows. Debt examples include things like loans and bond issuances, whereas equity examples include things like common stock, preferred stock, and retained earnings. Short-term debt is also taken into account as a part of the capital structure.

a. Book Values:

Equity value=number of shares x book value per share

=5.5 x 5

=27.5 million

Debt1 value=$80 million

Debt2 value=$45 million

Equity weight=Equity value/Total value

=27.5/(27.5+80+45)

=0.1803

Debt weight=(Debt1 value+Debt2 value)/Total value

=(80+45)/(27.5+80+45)

= 0.8197

b. Market Values:

Equity value=number of shares x market value per share

=5.5 x 83

=456.5 million

Debt1 value = $80 million x 109% = 87.20 million

Debt2 value = $45 million x 108% = 48.60 million

Equity weight=Equity value/Total value

=456.5/(456.5+87.20+48.60)

=0.7707

Debt weight=(Debt1 value+Debt2 value)/Total value

=(87.20+48.60)/(456.5+87.20+48.60)

=0.2293

Because it provides the accurate image based on very recent historical data, market value is a superior estimate than book value, which is based on much older data.

Learn more about Capital structure:

https://brainly.com/question/29343626

#SPJ4

60 POINTS PLS HELP ASAP
(this is a short answer question)
What are the taxes you will have to pay and what impact will they have on the spending decisions you make?

Please make sure to include the following in your response:
What taxes will you be responsible for?
Explain the impact taxes have on your financial decisions.
Explain the benefits and consequences of taxes on your income?
Explain how different regions of the country would affect your take home pay?
Why do we pay taxes and what they are used for?
How and why do you need to file for your taxes?

Answers

What taxes will you be responsible for?

The taxes you will be responsible for depend on various factors such as your income, employment status, and where you live. Some of the most common taxes include federal income tax, state income tax, property tax, sales tax, and social security tax.

Explain the impact taxes have on your financial decisions.

Taxes can have a significant impact on your financial decisions as they reduce the amount of money you have available to spend or save. Depending on your tax bracket and the taxes you owe, you may have to adjust your spending habits and financial goals accordingly.

Explain the benefits and consequences of taxes on your income?

The benefits of taxes on your income include funding public goods and services such as healthcare, education, infrastructure, and national defense. Taxes also help to reduce income inequality by redistributing wealth through social welfare programs. However, taxes can also have negative consequences on your income such as reducing your disposable income and decreasing your purchasing power.

Explain how different regions of the country would affect your take-home pay?

Different regions of the country can have different tax rates and regulations that affect your take-home pay. For example, if you live in a state with high income and property taxes, you may end up paying more in taxes and having less take-home pay than if you lived in a state with lower taxes.

Why do we pay taxes and what are they used for?

We pay taxes to fund public goods and services such as healthcare, education, infrastructure, and national defense. Taxes are also used to redistribute wealth and reduce income inequality through social welfare programs.

How and why do you need to file for your taxes?

Filing for taxes is required by law in most countries, and it involves reporting your income, deductions, and tax liabilities to the government. Filing for taxes is necessary to ensure that you are paying the correct amount of taxes owed and avoiding any penalties or legal consequences for failing to do so. It's important to file for taxes accurately and on time to avoid any unnecessary financial burdens or legal issues.

in some industries, competition between two or more firms simply doesn't make much sense because: multiple choice the product is so similar. diminishing returns are so powerful. diseconomies of scale are so powerful. economies of scale are so powerful.

Answers

In some industries, competition between two or more firms simply doesn't make much sense because economies of scale are so powerful.  The correct answer is: economies of scale are so powerful.

Economies of scale refer to the cost advantages that a firm can achieve by increasing its level of production. As a firm produces more units of output, it can spread its fixed costs (such as equipment and overhead) over a larger number of units, which reduces the average cost per unit.

In industries where economies of scale are very powerful, it may be difficult for smaller firms to compete effectively, even if they offer a similar product or service. The larger firm may be able to produce at a lower cost, which allows it to offer lower prices, invest more in marketing or research and development, or simply earn higher profits.

Learn more about “  economies of scale  “ visit here;

https://brainly.com/question/31601710

#SPJ4

Complete Question

In some industries, competition between two or more firms simply doesn't make much sense because:

multiple choice

the product is so similar. diminishing returns are so powerful. diseconomies of scale are so powerful. economies of scale are so powerful.

A franchise is an intangible asset that provides privileges related to other intangible assets. this statement is:___________

Answers

The given statement "A franchise is an intangible asset that provides privileges related to other intangible assets" is True.

A franchise is an intangible asset that provides the privilege to use a company's name, trademark, and business model, among other things. This intangible asset allows the franchisee to operate under the franchisor's established brand and business model, which are also intangible assets.

The franchise agreement outlines the rights and obligations of both the franchisee and the franchisor, including the use of trademarks, operational procedures, and ongoing support.

By obtaining a franchise, the franchisee gains access to intangible assets, such as the franchisor's brand and business model, that would otherwise be unavailable.

Therefore, the statement is true, as a franchise is an intangible asset that provides privileges related to other intangible assets, such as the franchisor's brand and business model.

For more questions like Businesses click the link below:

https://brainly.com/question/15826604

#SPJ11

21. If you were to survey central bankers from around the world and ask them what theybelieve the primary task of monetary policy should be, what would the most popularanswer likely be?A. leverage cycleB. bank runsC. fighting inflationD. bank supervision

Answers

If you were to survey central bankers from around the world and ask them what they believe the primary task of monetary policy should be, the most popular answer would likely be fighting inflation. Option C is correct.

Monetary policy refers to the actions taken by central banks to manage the money supply, interest rates, and inflation in an economy. Central bankers, the officials responsible for implementing monetary policy, often prioritize fighting inflation as it is considered a key objective in maintaining economic stability and promoting long-term growth.

Inflation, which is the general increase in the price level of goods and services over time, can have negative effects on an economy if it is too high or too unpredictable. Central bankers aim to keep inflation under control by adjusting interest rates and using other monetary tools. When inflation is managed properly, it contributes to sustainable economic growth, fosters job creation, and preserves the purchasing power of the currency.

In contrast, the other options provided are not the primary tasks of monetary policy:

A. Leverage cycle - This refers to fluctuations in borrowing and leveraging within the financial system, which is typically managed through financial regulation rather than monetary policy.

B. Bank runs - While central banks may intervene during bank runs to provide liquidity support, their main focus is still on maintaining price stability and managing inflation.

D. Bank supervision - While central banks often have supervisory roles over commercial banks, it is separate from their core function of managing monetary policy.

In summary, the primary task of monetary policy, as perceived by central bankers, is to fight inflation, ensuring economic stability and growth. Thus, option C is correct.

To learn more about monetary policy, visit: https://brainly.com/question/13926715

#SPJ11

Jack, a geologist, had been debating for years whether or not to venture out on his own and operate his own business. He had developed a lot of solid relationships with clients, and he believed that many of them would follow him if he were to leave his current employer. As part of a New Year's resolution, Jack decided he would finally do it. Jack put his business plan together, and, on January 1 of this year, Jack opened his doors for business as a C corporation called Geo-Jack (GJ). Jack is the sole shareholder. Jack reported the following financial information for the year (assume GJ reports on a calendar year, uses the accrual method of accounting, and elects to account for inventory). In January, GJ rented a small business office about 12 miles from Jack's home. GJ paid $10,000, which represented a damage deposit of $4,000 and rent for two years ($3,000 annually). GJ earned and collected $290,000 performing geological-related services and selling its specialized digging tool. GJ received $50 interest from municipal bonds and $2,100 interest from other investments. GJ purchased some new equipment in February for $42,500. It claimed depreciation on these assets during the year in the amount of $6,540. GJ paid $7,000 to buy luxury season tickets for Jack's parents for State U football games. GJ paid Jack's father $10,000 for services that would have cost no more than $6,000 if Jack had hired any other local business to perform the services. While Jack's dad was competent, he does not command such a premium from his other clients. In an attempt to get his name and new business recognized, GJ paid $7,000 for a one-page ad in the Geologic Survey. It also paid $15,000 in radio ads to be run through the end of December. GJ leased additional office space in a building downtown. GJ paid rent of $27,000 for the year. In November, Jack's office was broken into, and equipment valued at $5,000 was stolen. The tax basis of the equipment was $5,500. Jack received $2,000 of insurance proceeds from the theft. GJ incurred a $4

Answers

The rent paid in January represents prepaid rent and should be recorded as a prepaid expense on the balance sheet. Only the portion of rent that applies to the current year (i.e., $3,000) should be recorded as an expense on the income statement.

Revenue:

Geological-related services: $290,000

Sales of specialized digging tool: $0 (amount not provided)

Interest income:

Municipal bonds: $50

Other investments: $2,100

Expenses:

Rent: $10,000 (paid in January, represents a damage deposit of $4,000 and rent for two years at $3,000 annually)

Equipment: $42,500 (purchased in February, with depreciation claimed during the year in the amount of $6,540)

Football tickets: $7,000 (for Jack's parents)

Services from Jack's father: $10,000 (above market value for comparable services)

Advertising expenses: $22,000 ($7,000 for a one-page ad in the Geologic Survey and $15,000 for radio ads to run through December)

Office rent: $27,000 (for additional space leased in downtown building)

Theft loss: $3,000 ($5,500 tax basis minus $2,000 insurance proceeds)

Learn more about income statement, here

https://brainly.com/question/28035395

#SPJ1

7-17 the outdoor furniture corporation manufactures two products, benches and picnic tables, for use in yards and parks. the firm has two main resources: its carpenters (labor force) and a supply of redwood for use in the furniture. during the next production cycle, 1,200 hours of labor are available under a union agreement. the firm also has a stock of 3,500 board feet of good-quality redwood. each bench that outdoor furniture produces requires 4 labor hours and 10 board feet of redwood; each picnic table takes 6 labor hours and 35 board feet of redwood. completed benches will yield a profit of $9 each, and tables will result in a profit of $20 each. how many benches and tables should outdoor furniture produce to obtain the largest possible profit? use the graphical lp approach.

Answers

The outdoor furniture corporation manufactures two products, benches and picnic tables, for use in yards linear programming and parks.use the graphical lp approach. The number of tables and chairs manufactured.

By the company is indicated by "x" and "y," respectively.

The limitations of the issues are,

300 (labour constraint) = 5x + 9y

(Mahogany Constraint) 12x + 24ys

Profit maximisation is the objective, and the suggestion can be:

Earnings = 900x + 1300y

For this issue, linear programming can be used. The feasible region (the region that satisfies all the constraints) can first be coloured once the restrictions have been drawn on a coordinate plane.

We may obtain from the objective function is assessed at each vertex in the graph to calculate the greatest profit, (0,0):

Earnings = 0 (0, 33.33):

Profit = 20 * 10 * 43.333: (50, O):

Profit = 45,000; Profit = 29,000

In order to maximise profits, the company must produce 50 chairs and 0 tables.

To know more about linear programming visit:

https://brainly.com/question/31252321

#SPJ4

question content area journalizing the entry for the application of factory overhead costs to jobs would include a credit to a.work in process b.wages payable c.cost of goods sold d.factory overhead

Answers

The journal entry for the application of factory overhead costs to jobs includes a credit to Work in Process and a debit to Factory Overhead. Thus option A is correct.

The application of manufacturing overhead charges to jobs triggers the creation of a journal entry to document the transaction. The transaction contains a credit to Work in Process and a debit to Factory Overhead. The cost transfer from the overhead account to the work-in-progress account is reflected here.

This transaction has no impact on the wages that must be paid or the cost of the items supplied. This entry's goal is to properly calculate the overall cost of production by allocating the indirect production expenses to certain tasks or goods.

Learn more about journal entries:

https://brainly.com/question/28390337

#SPJ4

if jackson deposits $70 at the end of each month in a savings account earning interest at a rate of 3%/year compounded monthly, how much will he have on deposit in his savings account at the end of 5 years, assuming he makes no withdrawals during that period? (round your answer to the nearest cent.)

Answers

Jackson will have $32,490.51 on deposit in his savings account at the end of 5 years, assuming he makes no withdrawals during that period.

Using the formula for compound interest, we can calculate the amount Jackson will have on deposit at the end of 5 years:A = P(1 + r/n)^(nt)where:A = amount on deposit after 5 yearsP = initial deposit (0)r = interest rate (3%)n = number of times interest is compounded per year (12)t = number of years (5)Plugging in the values, we get:A = 0(1 + 0.03/12)^(12*5) + (70*(((1 + 0.03/12)^(12*5) - 1)/(0.03/12)))A = 0 + (70*(((1.0025)^(60) - 1)/(0.0025)))A = 0 + (70*((1.160339503) - 1)/(0.0025)A = 70*(464.1358014)A = $32,490.51

Therefore, Jackson will have $32,490.51 on deposit in his savings account at the end of 5 years, assuming he makes no withdrawals during that period.

Learn more about savings account  here:https://brainly.com/question/30101466

#SPJ11

change: is constant in a free market. just brings problems. does not occur in a free market. is rare in a free market.

Answers

Change is a constant factor in a free market economy. This is because free market economies are characterized by high levels of competition, innovation, and technological advancements. As a result, businesses and entrepreneurs are constantly seeking to improve their products and services to gain a competitive edge in the market.

However, this constant change can also bring about problems. For instance, businesses that are slow to adapt to change risk losing their market share to more innovative competitors. Additionally, the rapid pace of change can also lead to market saturation, where too many businesses are offering similar products or services.

Despite the potential problems that constant change can bring about, it is important to note that change is a necessary component of a free market economy. It allows for new and innovative ideas to emerge, leading to increased efficiency, productivity, and economic growth.

That being said, it is also important to note that change does not occur in a free market economy without some resistance. For example, established businesses may resist change to protect their current market position, leading to regulatory capture and decreased competition.

In summary, while change may bring about problems in a free market economy, it is a necessary and constant factor that drives innovation, growth, and progress.

To know more about market economy refer here

https://brainly.com/question/2343400#

#SPJ11

If the RBA increases the cash rate, this will lead to a decrease in the price of 90-day bills and an increase in the interest rate for the 90-day bills. True False

Answers

If the Reserve Bank of Australia (RBA) increases the cash rate, it will lead to a decrease in the price of 90-day bills and an increase in the interest rate for the 90-day bills is True.

When the RBA increases the cash rate, it is essentially raising the cost of borrowing for banks. In response, banks will pass on this increase to their customers by raising the interest rates on loans, including short-term securities like 90-day bills. As the interest rates on these 90-day bills increase, investors will demand higher yields to compensate for the increased borrowing cost. This higher yield can only be achieved if the price of the 90-day bills decreases, making them more attractive to potential buyers.To summarize, an increase in the cash rate by the RBA leads to the following effects:
1. Banks raise interest rates on loans and short-term securities.
2. Interest rates for 90-day bills increase.
3. Higher yields are demanded by investors.
4. Price of 90-day bills decreases to make them more attractive to buyers.This relationship between the cash rate, interest rates, and the price of 90-day bills is an important aspect of monetary policy. By adjusting the cash rate, the RBA can influence borrowing costs and ultimately impact economic activity, inflation, and financial stability in the Australian economy.

For more such question on Reserve Bank of Australia (RBA)

https://brainly.com/question/31573317

#SPJ11

A franchise is an intangible asset that provides privileges related to other intangible assets. this statement is:_________

Answers

True. A franchise is considered an intangible asset as it is a non-physical asset that provides a right or privilege to use a particular brand name, business model, or other proprietary information owned by the franchisor.

The franchisee benefits from these intangible assets and the established business systems, procedures, and reputation that come with the franchise. This allows the franchisee to operate with a proven business model and established brand recognition, providing a competitive advantage over independently owned businesses. Overall, a franchise's intangible assets can be a significant factor in its success and value. Franchisees benefit from the franchisor's established reputation, marketing strategies, and support systems while contributing to the overall success and growth of the brand. The statement highlighting the relationship between a franchise and other intangible assets is true, as franchises provide valuable privileges and access to resources that contribute to business success.

To Know more about Intangible Assets Visit:

/brainly.com/question/25115135

#SPJ11

if a firm in a competitive industry is making zero economic profit but still producing, it must be the case that:

Answers

It must be true that: MC = MR = ATC if a business in a cutthroat sector is producing but earning no economic profit. A business is making an economic profit if, at certain output level, its price is higher than its average total cost.

The firm's income in the zero-profit equilibrium pays the owners back for the time and resources they invest in running the company. A competitive firm's revenue is inversely correlated with the volume of production it generates since it is a price taker.

As a result, a business making no economic profit is undoubtedly making normal profit, which is the minimal return that a producer anticipates from the sale of their good and which is reflected in the price of their product.

Learn more about economic visit: brainly.com/question/17996535

#SPJ4

What furniture company is owned by the family of the husband of the actress who played the role of lizzie mcguire?

Answers

The furniture company owned by the family of the husband of the actress who played the role of Lizzie McGuire is called Ashley Furniture Industries.

What's Ashley Furniture Industries?

This company is one of the largest manufacturers of home furnishings in the world, and it was founded in 1945 by Carlyle Weinberger.

Ashley Furniture Industries is now run by his son, Ron Wanek, who is married to actress Hilary Duff, known for her role as Lizzie McGuire.

The company's products include furniture for the bedroom, living room, dining room, and home office, as well as accessories such as lighting, rugs, and wall decor.

Ashley Furniture Industries operates over 900 stores in 46 countries, and its products are also available through various retailers and e-commerce sites.

Learn more about furniture company at

https://brainly.com/question/28295581

#SPJ11

if keene company issues 4,500 shares of $5 par value common stock for $80,000, the account

Answers

if Keene company issues 4,500 shares of $5 par value common stock for $80,000, the account Common Stock will be credited for $22,500. Thus the correct option is A.

Journal entry refers to recording the business transaction date-wise in a book named a Journal which is later used in preparing the financial statement for the business. The data from the Journal will be extracted in order to prepare a ledger report.

According to the rule of the double-entry system, A credit entry should be made to balance off each debit entry in exactly the opposite way. The debit and credit balance should be maintained by all journal entries, whether simple or complex.

Therefore, option A is appropriate.

Learn more about Journal, here:

https://brainly.com/question/20421012

#SPJ1

The complete question is probably

If Keene Company issues 4,500 shares of $5 par value common stock for $80,000, the account

a. Common Stock will be credited for $22,500.

b. Paid-in Capital in Excess of Par will be credited for $22,500.

c. Paid-in Capital in Excess of Par will be credited for $80,000.

d. Cash will be debited for $57,500.

Other Questions
proper nutrition 1-2 hours before an athletic event or training would include Slope and y-InterceptFind the slope and y-intercept of a line that passes through these points.5. (2, 2) and (3, 0)6. (1,5) and (4, 10)7. (8, 2) and (-8, 6) A light rigid rod with two masses attached to its ends is pivoted about a horizontal axis into the page. The system rotates with a constant angular velocity w. What is the angular momentum of the system? Last year at a certain high school, there were 100 boys on the honor roll and 50 girls on the honor roll. This year, the number of boys on the honor roll increased by 19% and the number of girls on the honor roll increased by 20%. By what percentage did the total number of students on the honor roll increase? Round your answer to the nearest tenth (if necessary).Pls help im d.u.m.b Concerning the Haber-Bosch for the synthesis of ammonia,N(g) + 3H(g) 2NH(g)which of the following statements is/are true?I. Ammonia is continually liquified and removed from the reactor.II. The temperature of the reaction mixture is kept below the boiling point of ammonia (-33 C).III. The reaction is carried out at low pressure. a. I and II b. II only c. III only d. I only e. I, II, and III Did the bill pass and what was the final vote in the Senate? Read the sentence.The works of Charles Dickens a famous British writer include David Copperfield and Oliver Twist.Which is the best revision of this sentence?The works of Charles Dickens a famous British writer include, David Copperfield and Oliver Twist.The works of Charles Dickens, a famous British writer, include David Copperfield and Oliver Twist.The works of Charles Dickensa famous British writer include David Copperfield and Oliver Twist.The works of Charles Dickens a famous British writer includeDavid Copperfield and Oliver Twist. Exercises 1-4, find the surface area of the regular pyramid. (See Example 15.4 mm7.2 mm Light travels at a speed of 3 x 108 m/s What is the speed of light in km/h? a 1.08 x 10 km/hr b 2.08 x 10km/hr c 5.08 x 10 km/hr d 3.08 x 10 km/hr 0.14285714285 as a fraction a universal characteristic of stereotypes isquestion 7 options:a) susceptibility to change from inconsistencies in behavior.b) oversimplification.c) logical inconsistency.d) negative attribution of characteristics. Peter has three sticks measuring 19 inches, 23 inches, and 27 inches. He lays them down to form a triangle. Find the measure of the angle enclosed by the 19 inch and 23 inch sides to the nearest degree. A metallurgist has only one alloy containing 34% aluminum and another containing 69% aluminum. How many pounds of each alloy must he use to make 45 pounds of a third alloy containing 56% aluminum How many grams of water will be produced when 2.04 moles of hydrogen gas react completely with iron oxide to produce water and iron? It cost Ximena $3.40 to send 68 text messages. Howmany text messages did she send if she spent $2.45? After establishing priorities, what action should the nurse take next in developing Mrs. Rusk's plan of care?A. Analyze dataB. Establish goalsC. Complete an assessmentD. Implement interventions Can anyone help mefor each answer type1234 hould you choose to throw a rubber ball, which will bounce off the pin, or a beanbag, which will strike the pin and not bounce? assume the ball and beanbag have equal size and weight. Thornton corporation operates three investment centers. The following financial statements apply to the investment center named bowman division Eneregy that is produced by electrons trasfering from one object to another