When calculating the time's interest earned ratio, a business owner wants a higher number, which shows the business is capable of servicing its debt load.
In arithmetic, a ratio shows how generally one quantity carries every other. as an example, if there are 8 oranges and 6 lemons in a bowl of fruit, then the ratio of oranges to lemons is 8 to 6. further, the ratio of lemons to oranges is 6:8 and the ratio of oranges to the whole amount of fruit is 8:14.
On social media, “ratio” refers to the range of replies or comments as compared to likes. A post is referred to as a “ratioed” approach that it has extra replies than likes and is possibly divisive, unpopular, or normally arguable.
Ratios examine numbers, typically via dividing them. in case you are evaluating one data point (A) to any other statistics factor (B), your method would be A/B. this indicates you're dividing facts A by facts B. as an example if A is 5 and B is 10, your ratio could be 5/10.
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Describe the features of a voucher system and list typical supporting documents for a voucher
A voucher has the following features:
Voucher is a written documentary evidence.
It supports the entry which appears in the company’s books of accounts.
It also justifies the correctness of the entries made in the books.
Vouchers are pre-numbered, which helps in simplifying the audit trail.
Vouchers state the complete details of the transaction
Vouchers contain true and complete details of the transactions
It is prepared by the firm’s accountant and also countersigned by the firm’s accountant.
It is used for internal accounting control, which makes confirm that every transaction is duly authorized.
It is prepared at the time the transaction takes place.
Some of the supporting documents in a voucher can include:
Invoice received from the supplier.
Terms for payment including the amount owed, the due date of voucher, and any discounts granted by the supplier for paying the invoice early.
Vendor or supplier name to whom it is to be paid.
The company's purchase order.
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Fiona signed an agreement to either buy or not buy nick’s vacant lot for $310,000 by a specific date. What's this agreement called?
Fiona signed an agreement to either buy or not buy nick’s vacant lot for $310,000 by a specific date. This agreement is called a bilateral contract.
What is bilateral contact?A bilateral contract is a contract which is made between two parties. Under this contract, both parties make promises to each other on the terms and conditions. In this contract, the promise of one party turns into a consideration of the other party. It is the most common kind of contract which is binding in nature.
Fiona signed a contract promising to either purchase Nick's vacant lot for $310,000 by a certain date or not. It's referred to as a bilateral contract.
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A __________ agent can act for the client in all matters, including living arrangements.
A universal agent can act for the client in all matters, including living arrangements. A universal agent can act for the client in all matters, including living arrangement. A person who has the authority to handle all of their principal's business, regardless of the nature, is known as universal agent.
He has the authority to carry out any tasks that their principal has delegated to them. Power of attorney typically appoints universal agents. There can only be one universal agent per principal. In each of his business lines and in each of multiple locations, he might have a general agent.
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Every month, ciara sorts her monthly cash into envelopes for each specific expense. she puts $500 in a grocery envelope, $250 for a gas envelope, and $100 for an entertainment envelope. she says this helps her control her spending. which type of budget is ciara using?
Ciara is using physical budget
What is a Budget?A budget is a plan of account for a defined period (often a year), usually not necessarily financial.
A budget can include expected sales and revenue, resource quantities including time, costs, expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, liabilities, and cash flows .
Businesses, governments, families, and other organizations use budgets to express strategic plans for their activities in measurable terms[1].
Budgets represent intended expenditures and suggested resource allocations to meet them. A budget can represent a surplus, where resources are available for later use, or a deficit, where spending exceeds income or other resources.
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Country x allows market forces to guide its economy. however, it does regulate some transactions and has set a minimum wage for workers. what kind of economy does this country have?
The centralized kind of economy this country has.
A market economy is an economic system in which economic decisions and pricing of goods and services are guided by the interaction of individual citizens and firms in the country. There may be government intervention or central planning, but usually, the term generally refers to a market-oriented economy.
However, economists have identified six main functions of government in a market economy. The government provides the legal and social framework, sustains competition, provides public goods and services, redistributes income, modifies externalities, and stabilizes the economy.
No matter what the future holds, a business degree can help people succeed. Understanding how decisions are made, how markets work, how rules affect outcomes, and how the economy forces drive social systems can help people You will be able to make better decisions and solve more problems. It leads to success in business and life.
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When determining the amount of cash payments for manufacturing overhead, which costs are removed from the budgeted manufacturing overhead?
When determining the number of cash payments for manufacturing overhead, Depreciation is removed from the budgeted manufacturing overhead.
What is depreciation in accounting?
Depreciation is allocated across the asset's estimated useful life in order to charge a reasonable portion of the depreciable amount for each accounting period. Depreciation includes the amortization of assets with predetermined useful lifetimes.
How to calculate manufacturing overhead?
You must total up all indirect costs associated with the manufacturing of a product to determine manufacturing overhead. This covers the price of depreciation, factory supplies, electricity, insurance, maintenance of machines, indirect materials and labor, and more.
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Assuming you are an economically rational consumer how many bottles of water will you consume?
A rational consumer will drink water unless its want is satisfied. The term "utility" refers to the overall satisfaction or benefit gained from using a good or service. The Customers will try to maximize their utility, according to a common assumption in economic theories of rational choice.
Understanding the economic utility of a good or service is critical because it has a direct impact on demand and, consequently, price. In practice, consumer utility is typically impossible to assess or quantify. Some economists believe that by employing a variety of models, they can indirectly assess the usefulness of an economic commodity or service.
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The following information pertains to the Richardson County General Fund: Appropriations $10,000,000 Estimated Revenues 12,000,000 Expenditures 12,800,000 Revenues 9,300,000 Long-term note issue proceeds 1,000,000 Short-term note principal retirements 250,000 Operating transfers to other funds 75,000 The change in Richardson County's General Fund fund balance for the year is a
Based on the given information of Richardson Country General Fund, the change in the fund balance for the year is $2,575,000 decrease.
What is the change in the General Fund balance?This can be found as:
= Revenue + Long term note issue proceeds - Expenditure - Operating transfers
Solving gives:
= 9,300,000 + 1,000,000 - 12,800,000 - 75,000
= -$2,575,000
In conclusion, the change in Richardson County's General Fund fund balance for the year is a $2,575,000 decrease.
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Our credit card company quotes you a rate of 14.9%. interest is billed monthly.What is the actual rate of interest you are paying?
Answer: 15.96%
Explanation: im not sure, the rate is said in the question but there's no way its that obvious so
let the PV b = 100
fv = PV(1+r)^n
fv= 100(1+0.149/12)^12
fv= 115.96
115.96 = 100(1+I/Y)^1
1.1596 = 1+I/Y
I/Y = 0.1596, or 15.96%
The credit card company quotes a rate of 14.9%. interest is billed monthly. The actual rate of interest on credit card is 15.96%.
What is the rate of interest?The interest rate is the amount charged by a lender to a borrower on top of the principal for the use of assets.
The amount of interest due per period as a percentage of the amount lent, deposited, or borrowed is referred to as the interest rate. The total interest on a lent or borrowed amount is determined by the principal amount, the interest rate, and the length of time it is lent, deposited, or borrowed.
The actual rate of interest is
let the PV b = 100
fv = PV(1+r)^n
fv= 100(1+0.149/12)^12
fv= 115.96
115.96 = 100(1+I/Y)^1
1.1596 = 1+I/Y
I/Y = 15.96%
Hence, the actual interest rate is 15.96%.
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Which three companies have broad differentiation strategies that have allowed them to maintain long-term competitive advantages?
apple
- johnson and johnson
- BMW
- the reason why Walmart isn't is that it purses a low-cost provider strategy three companies have broad differentiation strategies that have allowed them to maintain long-term competitive advantages
the question is incomplete .please read below to find the missing content.
A plan of action results from a strategy or purpose for achieving a particular goal. A strategy is defined as an action plan. An example of a strategy is a football team that wins using the particular game a coach plays. A carefully crafted plan of action.
Which three companies have broad differentiation strategies that have allowed them to maintain long-term competitive advantages?
- Apple
-Johnson & Johnson
-Walmart
-BMW
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Using complex lot-sizing techniques, larger lot sizes can cause an increase in __________, complicating plant logistics. multiple choice question. supplier costs demand setup costs inventory
Using lot-sizing techniques, larger lot sizes can cause an increase in inventory, complicating plant logistics.
Lot sizing techniquesLot sizing is to collect the calculated net conditions by a certain unit regarding cost reduction and job efficiency. There are two primary types of lot sizing:
-method to unify in terms of the course
-method to unify in terms of the amount.
Determining satisfactory lot sizes is required to maintain acceptable inventory and assistance levels. Minimum order quantities ordered by suppliers often blow up inventory levels, especially for items with long stock turn cycles. To determine the lot size that will minimize the costs, industrial corporations utilize Materials Requirements Planning (MRP).
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Member Doug enrolled in a Health Maintenance Organization (HMO) MA Plan. He saw an out-of-network provider and received a bill for the entire cost of the visit. Doug called Medicare to complain and stated he was never told about these types of costs. What should the agent have explained better to Doug when he was enrolling in the plan
The agent have explained better to Doug when he was enrolling in the plan was explanation of cost to the customer.
An out of network provider has not signed contract with the organisation accept rembursments rate payment as full after the completion of contract. Sometimes this results in high price cost payments.
In a project it is usually involves five types of cost namely direct cost, indirect cost, fixed cost, variable cost and sunk cost.
Direct costs are related directly with the work or project associated that is entire cost of the project. Indirect cost are cost associated with projects like material costs etc determining the types of cost. Out of network provider is another level where some another organisation tend to deal with the costs involved.
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The ___________style of conventional leading is used when followers lack both capability and commitment.
The coaching style of conventional leading is used when followers lack both capability and commitment.
Coaching leadership is that style which involves recognizing the strengths, weaknesses and motivations of the team members to help each individual in improving.
It is one of the four main leadership styles used by managers to motivate employees and achieve success.
It was defined by Paul Hershey and Kenneth Blanchard in the 1960s. Coaching leadership style is highly common in today's workplace because of its positive nature.
Its positive nature promotes development of new skills, revisits company objectives and fosters a confident company culture. Leaders who coach are often determined as valuable mentors.
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The bill-of-material (bom) file is also known as:_______
a. product structure file.
b. product recipe.
c. assembly instruction.
d. product tree.
The bill-of-material (bom) file is also known as product tree.
What is Bill-of-Material (BOM) file?The Mac OS X installation makes use of the BOM computer file format. The term "bill of materials" (BOM) refers to the list of files that must be installed, upgraded, or deleted.A directory's files and certain information about each file are listed in a bill of materials, or "BOM." The following are some examples of file information: the Unix file permissions for the file, its owner and group, its size, when it was last modified, etc. Each file's checksum as well as details about hard links are also supplied. Bill of materials (BOM) files, which include a list of the components to be placed on the PCB, are also used in the design of printed circuit boards (PCBs).To learn more about BOM file
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You are in your dorm room when you receive a call from a blocked number. The caller speaks urgently and says you are late on paying a bill and now owe his company $5,000. He provides an address where you are urged to send a check and warns that if you do not do this in 24 hours, the amount that you owe will double. What do you do
If you are in a situation where a blocked number calls and says you are late on a bill payment and that you should pay to avoid it doubling, you should call the Federal Trade Commission.
Which department handles email scams?The Federal Trade Commission (FTC) handles cases related to check and other scams and so you should call them if such a call is made to you.
Be aware that there is no bill payment that will double in 24 hours and that the usage of a blocked number is not allowed to debt collectors. So this is a scam and you should lodge a complaint with the FTC.
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What is the role of debt is the pecking order theory of capital structure? How does it differ under the stulz (1990) model?
The role of debt is the pecking order theory of capital structure are-
The pecking order theory states that a company should prefer to finance itself first internally through retained earnings. If this source of financing is unavailable, a company should then finance itself through debt. This pecking order is important because it signals to the public how the company is performing. An obvious implication of the pecking order theory is that highly profitable firms that generate high earnings are expected to use less debt capital than those that are not very profitable. So here the debt component will be minimal.
Hierarchy theory states that companies must first raise internal funds through retained earnings. If this source of funding is not available, companies will have to raise funds through debt. Finally, as a last resort, companies should raise capital by issuing new shares.
In hierarchy theory, companies prioritize their funding sources (from internal funding to equity) and view equity funding as a last resort. Internal funds are used first, and debt is used when they are exhausted. Equity is issued when issuing more bonds is unwise.
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If all the assumptions underpinning the policy irrelevance proposition are in place, fully anticipated monetary policy will:____.
If all the assumptions underpinning the Policy Irrelevance Proposition are in place, fully anticipated monetary policy will reduce inflation without any output or employment cost.
An important implication of the Policy Irrelevance Proposition is that the monetary authorities can reduce inflation without any output or employment cost. Thus, this policy is enacted by the central bank that involves the management of money supply and interest rates.
The goals of monetary policy are to promote maximum employment, moderate long-term interest rates, and stable prices. Thus, by implementing effective monetary policy all this could take place.
Hence, the answer is given and explained above.
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Julie is a hair stylist. she makes $10.25 an hour, plus $6 extra for every haircut she performs. This week she worked a total of 40 hours and performed 46 haircuts. How much money did she make?
Answer:
$686
Explanation:
Equation:
Total money earned = 10.25y + 6x
y = total hours
x = number of haircuts
Factoring in the numbers the Equation now is:
Total money earned = 10.25 (40) + 6 (46)
Total money earned = $686
How would a company report a change in an accounting principle made on the last day of the third quarter?
If a company changes an accounting principle on the last day of the 3rd quarter they need to apply a retrospective application to all pre-change interim periods reported.
What is accounting?Accounting is the process of documenting a business's financial transactions. These transactions are compiled, examined, and reported to oversight organizations, regulatory bodies, and tax collection organizations as part of the accounting process. A company's operations, financial condition, and cash flows are summarized in the financial statements that are used in accounting. They provide a succinct summary of financial transactions across an accounting period. One of the most important aspects of practically every firm is accounting. Small businesses may have a bookkeeper or accountant manage it, whereas larger corporations may have vast finance departments with many people.Management can make wise business decisions thanks to the information produced by many streams of accounting, including cost accounting and managerial accounting.
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Rachel bought her house years ago for $100,000. over the years she has made $25,000 in improvements to the home. the house is now valued at $275,000. this is an example of the principle of:________
This is an example of the principle of unearned increment.
Unearned increment refers to the amount by which land increases in value because of generally improving conditions in the area, and not because of any particular efforts by the property owner.
When Rachel bought her house years ago, the price of the house was $100,000. Over the years she made improvements worth $25,000.Thus, the house is now valued at $275,000. Which is an unearned increment.
For instance, the value of a property increases because of the population increase in that particular region.
Hence, unearned increment is an increase in the value of land or other property through no expenditure by the owner.
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Identify THREE qualities of an entrepreneur represented by Mabuza. Motivate your answer by quoting from the scenario above.
Answer:
1. advance speaking skills
2.use of psychology in conversation
3.attitude and creative mind
What is meant by finance related occupations?
Answer:
The finance industry offers a variety of job opportunities, both on and off Wall Street. Careers include financial planner, financial analyst, actuary, securities trader, portfolio manager, and quantitative analyst.
You are an employee for an independent bookstore called Alexandria. Your boss and Alexandria's owner, Frank Miltner, has owned the store for almost thirty years. Frank is worried about his company's ability to compete with online booksellers. He wants to develop a social media presence and use it to help Alexandria connect with customers in the modern market, but he has no idea how to make that happen. It's up to you! Frank begins by asking, "This social media stuff is all free, right? It won't affect our budget?"How do you reply?
Answer:
id leave and go play with my monkey game, because my doctor said I need Legos to go upside down and eat burger king because my foot fell off last year
If the government puts a $5 tax per mp3 player on buyers of mp3 players, then the price paid by buyers of mp3 players would likely?
The price paid by buyers of mp3 players would likely to increased by less than $5. Taxes are compulsory payments made by a government organization, whether local, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, such as Social Security and Medicare as well as public infrastructure and services like roads and schools.
Taxpayers can manage their finances to increased effects of taxes by having a clear understanding of what causes a tax situation. There are numerous types of taxes, and the most are levied as a percentage of a financial transaction.
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Power industries has acquired a patent for $16,000. its useful life is expected to be four years. Prepare the yearly journal entry to recognize periodic amortization.
If Power industries has acquired a patent for $16,000. its useful life is expected to be four years. The yearly journal entry to recognize periodic amortization is: Debit Amortization Expense - Patents $4,000; Credit Patents $4,000.
Journal entryIf the company has acquired a patent for the amount of $16,000 in which the useful life is expected to be four years. The appropriate journal entry to recognize periodic amortization is:
Power industries journal entry
Debit Amortization Expense - Patents $4,000
Credit Patents $4,000
($16,000/4 years)
(To record periodic amortization recognized)
Therefore the yearly journal entry to recognize periodic amortization is: Debit Amortization Expense - Patents $4,000; Credit Patents $4,000.
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What is the space between the buyer’s reservation price and the seller’s reservation price called?
The space between the buyer’s reservation price and the seller’s reservation price is called the Total surplus.
What is reservation price for buyer?
A reserve price or reservation price is a word frequently used in auctions and refers to the lowest amount a seller will accept as a successful bid. An alternate, less well-known definition is the highest price a customer will pay for a good or service.
What is producers reservation price?
The minimal price that buyers and sellers are ready to accept in order to buy or sell a good is known as the reservation price. It is the highest price a potential buyer or consumer is willing to pay for a good; for a seller or producer, it is the lowest price they are willing to accept.
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Why do managers get paid more?
A. They have worked longer.
B. Their job is harder.
C. They control the paycheck.
The answer is B. Their job is harder.
The reason for this is that managing people can be very challenging. There is a lot of unpredictable behavior on their part most of the time. It is difficult to get your subordinates to do the work you ask them to do. It requires a high level of skill and experience.
Relapses sometimes occur when trying to change a behavior. if this happens, the best strategy is to?
Relapses sometimes occur when trying to change a behavior. if this happens, the best strategy is to avoid placing blame on yourself and instead acknowledge the progress you've achieved.
Relapse itself is a treatment failure, therefore the term "relapse treatment" is somewhat misleading.
Nevertheless, there are three main strategies that are now employed to lessen the chance of drug relapse.
These consist of medication, cognitive behavioral therapy, and contingency planning.
Identifying the requirements that were previously satisfied by drug use and developing the abilities necessary to meet those needs in other ways are the fundamental objectives of treating substance dependency and preventing relapse.
Hence, Relapses sometimes occur when trying to change a behavior. if this happens, the best strategy is to avoid placing blame on yourself and instead acknowledge the progress you've achieved.
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During the current year, merchandise is sold for $50,900 cash and for $80,700 on account. the cost of the goods sold is $85,540. What is the amount of the gross profit?
Amount of gross profit is $46,060.
Gross profit = Sale value - cost of the goods sold
= ($50,900 + $80,700) - $85,540
= $46,060.
Gross profit is the amount of money a company keeps after deducting all of the expenses incurred in producing and offering its goods or services. By subtracting the cost of goods sold (COGS) from your total sales, you may determine gross profit. The value is the lowest price the company would receive if it sold all of its assets in an auction. All the products sold by the business are included in the overall sales.
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Many manufacturers have made ________ optional equipment when purchasing a new laptop computer.
Optical drives have made Many manufacturers optional equipment when purchasing a new laptop computer.
An optical force is an inner or external laptop disk power that uses laser beam era to examine and write records. Optical disk drives are related to compact discs, DVD and Blue-Ray generation.
Optical garage, electronic garage medium that uses low-strength laser beams to file and retrieve virtual (binary) facts. In optical-garage technology, a laser beam encodes digital facts onto an optical, or laser, disk in the shape of tiny pits arranged in a spiral tune on the disk's space.
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