Discretionary fiscal policy refers to intentional changes in taxes and government expenditures made by Congress to stabilize the economy.
What are a few instances of fiscal policy?In order to stimulate the economy, for instance, governments can decrease taxes and increase spending; normally, these expenditures go toward social programs and infrastructure projects that generate employment and income. A government may also decide to cut spending while raising taxes if the economy is strong.
What are the objectives of fiscal policy?Fiscal policy is the term for the steps used by governments to stabilize the economy, particularly by adjusting the rates and distributions of taxes and spending on the public sector. To accomplish some objectives, monetary policy and fiscal measures are commonly combined.
To know more about Fiscal Policy visit:
https://brainly.com/question/27250647
#SPJ4
Determine the term/concept being described.
With no special record-keeping requirements or forms to file, an IRA can be an excellent vehicle for sheltering income from taxes.
a. Keogh plan
b. SEP plan
c. Individual retirement arrangement
d. Traditional IRA
e. Nondeductible IRA
f. Self-directed
g. Withdrawal
h. Rollover
i. A possible investment decision
Nondeductible IRAs are made up of any regular IRA contributions you make but do not claim as a tax deduction.
What are nondeductible IRAs?Individual retirement account (IRA) contributors who make nondeductible contributions use nondeductible IRAs (IRA). Each tax year that nondeductible contributions are made must be reported on a different form. An IRA's contributions are often tax-deductible from regular income. People who join in employment retirement plans, however, and whose households have modified adjusted gross incomes (MAGI) above a certain threshold, may occasionally not be eligible to make these deductible contributions, even though they are still eligible to make contributions to an IRA.
To know more about IRA visit: brainly.com/question/9969005
#SPJ4
A competitive firm would benefit from charging a price below the market price because the firm would achieve:i) higher average revenue,ii) higher profits,iii) lower total costs.a. (i) only,b. (ii) and (iii) only,c. (i), (ii), and (iii),d. None of the above is correct.
None of the aforementioned statements are true. A competitive firm would profit from offering a price below the current market rate because it would succeed.
What is the going rate on the market?Market value and current price are synonyms. It is the most recent trading price for a stock share or other security. The price at the moment serves as a benchmark in an open market.
What is the market price and how is it established?The combination between supply and demand determines market pricing. The balance between supply and demand determines an equilibrium price. Unless certain aspects of supply or demand alter, prices have a tendency to return to this equilibrium.
To know more about market price visit:
https://brainly.com/question/15142612
#SPJ4
Computer memory chips are the same everywhere in the world. This means they are Multiple Choice insensitive highly sensitive nonsense sensitive to the foreign environment.
Computer memory chips are the same everywhere in the world. This means they are highly sensitive. Option B
What are Computer memory chips?A memory chip is an integrated circuit with millions of transistors and capacitors that can be used to process code or store data. Memory chips can store data either permanently or temporarily using read-only memory (ROM) or random access memory (RAM) (ROM).
Microchips called RAM chips are utilized as RAM storage in computers and other electronic devices. This is the real chip that is soldered onto tiny circuit boards to produce RAM cards or sticks, and depending on the model and manufacturer, it has varying performance and capacity ratings.
As the fundamental building block for RAM cards and other applications, it is the most fundamental and essential component of memory.
Read more on Computer memory chips here: https://brainly.com/question/13531022
#SPJ1
when peer pressure may be involved, campaign designers are encouraged to do all of the following except: a. target social networks b. avoid relying solely on norming c. messages emphasize injunctive d. norms rather than descriptive e. norms correct misperceptions
When peer pressure may be involved, the campaign designers are encouraged to do all of the following emphasizing an injunctive norms rather than descriptive norms. The Option C is correct.
What is the role of campaign designers?Campaign designers are expected to work in partnership with the campaigns and communications teams to develop innovative and creative campaign concepts and create a broad range of multi-channel content that is visually engaging, inspires and connects with audiences.
Also, their role could be anything from exhibition brochures, web pages and social media assets, to campaign identities. Their responsibilities will include digital design, print design, artworking and print ordering and will sit with within the online and design team, providing creative and design support.
Read more about campaign designers
brainly.com/question/13313520
#SPJ1
A project requires an investment of $40,000 in equipment. Annual cash flows of $8,000 are expected to occur for the next eight years. No salvage value is expected. The company uses the straight-line method of depreciation with no mid- year convention. Ignore income taxes. The accounting rate of return on the original investment for the project is O 7.50%. 16.00%. O 6.25%. O 20.00%.
The project's accounting rate of return on the initial investment is 7.50 percent.
What is accounting rate of return?The accounting rate of return (ARR) formula makes it simpler to determine the annual percentage rate of return for a project.ARR is equivalent to the average yearly profit divided by the initial investment.ARR indicates the estimated rate of return from each project and is frequently used when evaluating many projects.One of the problems with ARR is that it does not distinguish between investments that generate different types of cash flows during the course of the project, which is just one of its flaws.The yearly rate of return is not the same as the necessary rate of return (RRR), which is the minimum return an investor would accept for an investment or project and compensates them for a particular amount of risk (ARR).Hence, The project's accounting rate of return on the initial investment is 7.50 percent.
To learn more about accounting rate of return refer to;
https://brainly.com/question/21276152
#SPJ4
Beau borrows $15,000 from Credit Center to buy a car. The lender assigns the right to receive the loan payments to Debt Collections Inc. If Beau does not pay the debt, the assignee can
A. enforce the payment in court.
B. demand performance of the deal from any of the original parties.
C. extinguish the contract rights of the assignor.
D. none of the choices.
If Beau does not pay the debt, the assignee can enforce the payment in court.
What is debt?Debt is defined as an item, most often money, that has been borrowed. Many businesses and people use debt to finance major purchases that they otherwise could not afford. With the understanding that the money will need to be repaid at a later time, usually with interest, a debt arrangement permits the borrowing party to borrow funds.
Mortgages, auto loans, personal loans, and credit card debt are some of the most prevalent types of debt. According to the terms of the loan, the borrower must pay back the remaining amount by a specific date, usually several years down the road.
Learn more about debt
https://brainly.com/question/1957305
#SPJ1
By converting dollars to be received in the future into current dollars, the present value methods take into consideration that money:
Question 3 options:
has an international rate of exchange
is the language of business
is the measure of assets, liabilities, and stockholders' equity on financial statements
has a time value
By converting dollars to be received in the future into current dollars, the present value methods take into consideration that money: has a time value. Last option
What is the time value of money?The idea of the time value of money (TVM) holds that a quantity of money is worth more now than it will be at a later time because of its potential for earnings in the interim. A foundational idea in finance is the time value of money. A sum of money in your possession is worth more than a similar sum that will be paid in the future.
TMV is a fundamental idea that serves as the basis for almost all monetary and investment decisions.
Read more on the time value of money here: https://brainly.com/question/2785443
#SPJ1
Venture Philanthropy Partners focuses on assisting low-income children and youth in Washington, D.C. It is an example of a(n) microlenderimpact-investment fund angel investor community fund
The mission of Venture Philanthropy Partners is to support underprivileged children and young people in Washington, D.C.
What is exemplified above?It is an illustration of a community fund.
What does the term "community fund" mean?Typically, a community foundation aids regionally focused nonprofit organisations. A community foundation is a type of public charity that mainly focuses on helping a specific region, primarily by coordinating and collecting donations for regional charities and addressing local issues. A developer who willingly donates a goodwill item is said to have provided a community benefit. In cases when development will have a long-term effect on local resources and the local environment, it is for the benefit of the communities affected by that development.
To know more about philanthropy visit:
https://brainly.com/question/9267420
#SPJ4
An effective website will offer
clarity, meaning that it communicates all information clearly and concisely
consistency, meaning that it offers information that is factual and honest
conversion, meaning that the layout, design, and overall look of all its pages match
credibility, meaning that it effectively converts online readers into customers
An effective website will offer credibility, meaning that it effectively converts online readers into customers.
What is a website?A website is a collection of related web pages, images, videos, and other digital assets that are hosted on a web server and are accessible via the internet. Websites are used for a variety of purposes, such as providing information about a company, providing access to online products and services, and even as a platform for online communication. Websites are typically created using a combination of HTML, CSS, and JavaScript, and are typically hosted on a web server.
Credibility is a measure of the trustworthiness and reliability of a website. An effective website will focus on converting online readers into customers by providing credible, accurate, and factual information.
It can be concluded that an effective website will offer credibility, meaning that it effectively converts online readers into customers.
To know more about websites, check this link:
https://brainly.com/question/6750919
#SPJ1
Jim is opening an interest-accruing checking account which compounds interest monthly. The amount in the account, in dollars, after t years, is shown by the following expression.
3400(1.06\^12t
Which statement below best describes the base, 1.06?
O the amount of the initial deposit
O the rate at which the account is increasing
O the number of times the account has compounded since it was opened
O the amount of the yearly earnings
The amount in the account, in dollars, after t years, is shown by the number of times the account has compounded since it was opened.
What is interest-accruing?Accrued interests are typically calculated and recorded as adjusting journal entries in accrual-based accounting at the conclusion of a given accounting period. A bond's or loan's accrued interest is the interest that has built up since the main investment, or, if there has already been one, since the preceding coupon payment. For a type of obligation such as a bond, interest is computed and paid at defined periods (for instance annually or semi-annually) (for instance annually or semi-annually). Bonds and loans may be transferred between investors at any moment throughout the period between coupon payments, not simply when the bonds or loans are paid their coupons. If the bond is sold during the interval between coupons, the issue of who would possess the subsequent coupon is solved by accrued interest.
To know more about interest-accruing visit:
https://brainly.com/question/17236349
#SPJ4
FILL IN THE BLANK when the is organization and its resources are focused on efforts that support the key objectives defined in the managers' strategic plan for the business, the organization is in _______
Let understand that Strategic planning is the approach used to for process of documenting and establishing the direction of the organisation goals and objectives.
What are the primary functions of business management? According to my research on Information Technology, I can say that based on the information provided within the question this means that the organization is in Alignment. This is basically when all sectors or categories within an organization are aligned and working in unison as a whole in order to solve a certain problem.When the IS organization and its resources are focused on efforts that support the key objectives defined in the managers' strategic plan for the business, the organization is in alignment.Gives direction and momentum: The plans gives an organization direction on how to operate.Encouragement of new ideas: The plans helps to encourage new ideas because the business new to expand.To learn more about strategic plan refer to:
https://brainly.com/question/4564918
#SPJ4
I run an organization that sells 3 products, blue, red, and green gift boxes. We are targeting stores in shopping malls to use our gift boxes for gift wrapping their merchandise. Our sales people call and visit stores at the malls talking to store owners about our boxes. To help the sales efforts, our sales people carry sample boxes that they distribute to store owners that show some interest.
I need to be able to track my sales team’s efforts and determine which boxes are selling. In addition, samples are at a cost to my company, so I need to track how many samples each salesperson is giving out. Ultimately, I need to know what my sales folks are doing, which sample boxes they are giving out, and how they are building our customer base. Can you help?
The business enterprise desires on the way to song and decide which containers are and what number of containers are being offered (via way of means of income rep and via way of means of income crew).
The required details for business enterprise in given paragraph
Currently, there are 4 income teams (Team A, Team B, Team C, Team D) which have income representatives each. Each crew sells all 3 sorts of containers.
The business enterprise additionally desires to song the shops that acquire samples or make purchases to refine and goal their marketing/income efforts.
Every field offered or given as a pattern has a value to the business enterprise related to it (because of the rigorous field loss of life process), in order that they want to song the value of the products being offered.
Red present containers - 50 cents/field
Blue present containers - 25 cents/field
Green present containers - 10 cents/field
Of course, each field offered additionally gives sales to the business enterprise which desires to be tracked:
Red present containers - $5/field
Blue present containers - $4/field
Green present containers - $3/field
As production tactics are refined, the costs of present containers / value of products offered may also regulate within side the future - the business enterprise have to be capable of make the ones modifications with out impacting preceding income/pattern metrics.
Tasks
Make positive to illustrate how the patron might be capable of:
Track income crew’s efforts and decide which containers are promoting/sampled
Track what shops the containers are being sampled/offered to
Track the sales and value of samples/income
Provide visualizations of income rep sports concerning promoting efforts and offer insights into their accounts.
To know about business enterprise click here
https://brainly.com/question/24553900
#SPJ1
are defined as relationships that salespeople build with customers outside the organization and working environment.
External relationships are defined as relationships that salespeople build with customers outside the organization and working environment.
What are External relationships?Generally, A link that is primarily commercial in nature between a smaller company and another organization is what is referred to as an external relationship. Alliances and networks are two frequent forms of interactions with parties external to the organization.
It may be beneficial to your career and your knowledge base to cultivate contacts with people who work in other companies outside of your own.
The reputation of a good facilities manager is intimately tied to their interactions with individuals within their business, but it may also be strengthened by the relationships they have with people outside of their organization.
Connections that are built outside of a business and the working environment are known as external ties. Salespeople are responsible for cultivating these relationships.
Read more about External relationships
https://brainly.com/question/28390425
#SPJ1
Consider the above dataset consisting of 3 binary attributes ("attr1', 'attr2', 'attr3') and one binary 'class'. There are 14 total training instances. The goal is to build a decision tree using the ID3 algorithm. Starting with the entire dataset and following the algorithm discussed in the class, provide the information gain values for all the four attributes. Provide answers rounded to 4 numbers after the decimal point (e.g., if the calculated value is either 0.1, 0.11114, 0.11115, you must provide 0.1000, 0.1111, 0.1112 as the answer respectively) Information Gain for 'attr1' attribute - Information Gain for 'attr2' attribute - Information Gain for 'attr3' attribute -
As Information Gain for attr3 is more. we choose attr3 to split.
Information Gain for 'attr1' attribute = 0.1281
Information Gain for 'attr2' attribute = 0.0391
Information Gain for 'attr3' attribute = 0.3960
An algorithm was invented by Ross Quinlan for generating decision trees from data sets. ID3 is the predecessor of C4. 5 algorithms, commonly used in machine learning and natural language processing. The main advantages of ID3 are: Creates easy-to-understand prediction rules from training data.
You can use the ID3 algorithm to build a decision tree for regression by replacing information gain with standard deviation reduction. Decision trees are built top-down from the root node and should divide the data into subsets containing instances with similar values. Build a short tree in a relatively short amount of time. Only enough attributes should be tested until all data is classified.
Learn more about A decision tree here:- https://brainly.com/question/26675617
#SPJ4
Darnell, Jacques, and Musashi are hunters who live next to a recreational wildlife game area that is open to hunting; in other words, anyone is free to use the recreational wildlife game area for hunting. Assume that these men are the only three hunters who hunt in this recreational wildlife game area and that the recreational wildlife game area is large enough for all three hunters to hunt intensively at the same time. Each year, the hunters choose independently how often to hunt; specifically, they choose whether to hunt intensively (that is, to set several traps and hunt long hours, which hurts the sustainability of the recreational wildlife game area if enough people do it) or to hunt nonintensively (which does not hurt the sustainability of the recreational wildlife game area). None of them has the ability to control how much the others hunt, and each hunter cares only about his own profitability and not about the state of the recreational wildlife game area. Assume that as long as no more than one hunter hunts intensively, there are enough animals to restock the recreational wildlife game area. However, if two or more hunt intensively, the recreational wildlife game area will become useless in the future. Of course, hunting intensively earns a hunter more money and greater profit because he can sell more animals. The recreational wildlife game area is an example of____because the animals in the recreational wildlife game area are____and____. Depending on whether Jacques and Musashi both choose to hunt either nonintensively or intensively, fill in Darnell's profit-maximizing response in the following table, given Jacques and Musashi's actions. Jacques and Musashi's Actions Hunt Nonintensively Hunt Intensively Darnell's Profit-Maximizing Response Which of the following solutions could ensure that the recreational wildlife game area is sustainable in the long run, assuming that the regulation is enforceable? Check all that apply. O Convert the recreational wildlife game area to private property, and allow the owner to sell hunting rights. O Develop a program that entices more hunters to move to the area. O Outlaw intensive hunting.
These options, outlawing intensive hunting, converting the recreational wildlife game area to private property, and allowing the owner to sell hunting rights, among others, could ensure that the wildlife game area is viable over the long term, assuming that the legislation is enforced. Hence, Options A and C are correct.
In contemporary times, hunting is generally done with firearms, however it is also possible to use a bow and arrow. Numerous animals were stronger and faster than the people hunting them, making it difficult to successfully take them down.
While decapitating an animal with a bladed weapon is successful and comparatively painless if can get close enough, the majority of current hunting tools are not designed to sever the spinal cord in a repeatable manner.
Animals that cannot fight themselves against bullets, traps, and other brutal killing tools are injured, tortured, and killed by hunters. Hunting ruins animal populations and habitats, leaving reliant and frightened young animals to starve to death.
Therefore, Options A and C are correct.
Learn more about hunting from here:
https://brainly.com/question/81175
#SPJ4
An error in the physical count of goods on hand at the end of a period resulted in a $10,000 overstatement of the ending inventory. The effect of this error in the current period is Cost of Goods Sold Net Income Understated a. Understated b. Overstated Overstated Overstated C. Understated d. Overstated Understated
Cost of sales will be under if closing stock was overstated by $10,000. This is because if there is an excessive amount of units sold, not enough cost has been noted. The underestimating of cost will result in an overstatement of net income.
What does inventory mean?
Together all goods, merchandise, and supplies that a company keeps on hand in anticipation of transferring these for a profit are referred to as inventory. Example: Just the magazine will be regarded as inventory when a paper vendor utilizes a vehicle to distribute newspapers to clients. The car will indeed be viewed as a resource.
What are the different forms of inventory?
Both the products that are on hand for sale and the natural resources required to make those products are considered inventory. On the financial statements of an organization, it is categorized as a cash and cash equivalents. The three different categories of inventory are natural resources, finished commodities, and function properly.
To know more about Inventory visit:
https://brainly.com/question/14184995
#SPJ4
after graduating from college, jim had three choices, listed in order of preference: (1) move to florida from philadelphia, (2) work in a car dealership in philadelphia, or (3) play soccer for a minor league in philadelphia. his opportunity cost of moving to florida includes the benefits he could have received from playing soccer. the income he could have earned at the car dealership. both a and b. cannot be determined from the given information.
As Jim listed in order of preference. His opportunity cost of moving to Florida includes the income he could have earned at the car dealership. The Option B is correct.
What is an Opportunity cost?In economic, opportunity cost refers to value of what you lose when choosing between two or more options. Every choice has its trade-offs and opportunity cost is the potential benefits to miss out on by choosing one direction over another.
Here, we are given a ranking of Jim's preferences. As such, when he decides to move to FL, he does sacrifices the alternatives that require him to stay in Philly.
However, this opportunity cost stems from the value of his next best alternative, which as it is described in his ranking, is working in car dealership or more precisely the economic benefit he would have derived from that.
Read more about opportunity cost
brainly.com/question/1549591
#SPJ1
using published financial statements for a publicly traded company and the excel template provided, you build a balance sheet and income statement
Sign in to Excel Online and open a blank spreadsheet. Identify financial statement assumptions and create transaction pages.
Produce an income statement summarizing monthly transactions. Enter the transactions into the profit and loss categories using the SUM formula. A financial statement is a record of a company's financial position and activities for a specific period of time.
Financial information can be found on the company's investor information website, where the Securities and Exchange Commission and other company reports are frequently filed. From 1993 to 1994, the SEC made its financial records available electronically and free of charge on its website. See corporate documentation.
Learn more about Financial statements here:- https://brainly.com/question/26240841
#SPJ4
Taxpayers whose only unearned income consists of qualified dividends and capital gain distributions reported to them on Form 1099-DIV generally compute the amount of tax on their income using what?
Taxpayers whose only unearned income consists of qualified dividends and capital gain distributions reported to them on Form 1099-DIV generally compute the amount of tax on their income using the tax rates that apply to long-term capital gains and qualified dividends.
What are Taxpayers?Generally, These tax rates are generally lower than the tax rates that apply to ordinary income, such as wages and salaries.
To calculate the tax on qualified dividends and capital gain distributions, taxpayers should first determine their taxable income, which is their total income from all sources, minus any deductions and exemptions to which they are entitled.
They should then determine their tax liability by applying the appropriate tax rates to their taxable income. The tax rates that apply to qualified dividends and long-term capital gains are based on the taxpayer's income tax bracket, which is determined by the amount of taxable income they have.
Read more about Taxpayers
https://brainly.com/question/29664276
#SPJ1
Which of the following is correct when using the effective-interest method of amortizing the discounton bonds payable?A. Interest expense is computed by adding the portion of amortized discount to the cash interest paid.B. The amount of interest expense recognized each period increases over time.
The one that is correct when using the effective-interest method of amortizing the discount on bonds payable is option B. The amount of interest expense recognized each period increases over time.
What is an effective-interest method of amortizing?The effective interest method is an accounting practice employed to discount a bond. This method is utilized for the sold bonds at a discount or premium. The amount of the bond discount or premium is amortized to interest expense over the bond's life.
The effective interest rate can be calculated by employing a simple formula which is r = (1 + i/n)^n - 1. In this formula, 'r' stands for the effective interest rate, 'i' depicts the stated interest rate, and 'n' stands for the number of compounding periods per year.
Therefore, the correct answer is as given above
learn more about effective-interest method: https://brainly.com/question/29740650
#SPJ1
which of the following occurs when a person threatens not to perform a contract obligation unless the other party either signs another contract with the person making the threat or pays him or her a higher price than was specified in the original agreement? question 46 options: undue influence an arm's-length bargain due influence physical duress economic duress
Option b, economic duress occurs when a person threatens not to perform a contract obligation unless the other party either signs another contract with the person making the threat or pays him or her a higher price than was specified in the original agreement.
Economic duress refers to a situation when a party threatens to not follow the contract unless the other party involved in the contract accepts certain demands of the former. Economic duress can be claimed if the pressure created by the other party is unjustified and illegal. It can be claimed rightfully if the party has been forced to enter into a contract that it would have not entered otherwise.
Economic duress can be claimed by the party if they have not been left with a rightful choice or practical alternative but to accept the conditions. If one party threatens to not oblige with the contract signed and forces the other party to enter into a new contract with high price than the original contract, the innocent party can rightfully claim economic duress.
Complete options to the question are
a. Physical duress
b. Economic duress
c. Undue influence
d. Due influence
Learn more about economic duress here https://brainly.com/question/15227500
#SPJ4
bottom-up planning should be used when the product/service mix is unstable and resource requirements vary greatly across the offerings. t/f
This statement is False. Bottom-up planning is used when there is a fixed product/service mix and resources can be allocated in a predictable manner. It is based on building up from the details and working backwards to the overall goals.
This type of planning works best when the situation is fairly stable and predictable. In contrast, top-down planning is more suitable when the product/service mix is unstable and resource requirements vary greatly. This type of planning works by starting with the overall goal and working down to the details. It is used when the situation is uncertain and unpredictable.
To know more about top down planning click here
https://brainly.com/question/20599127
#SPJ4
T/F if the demand curve increases but the supply curve decreases, price increases but quantity depends on the size of the shift, or is indeterminant.
If the demand curve increases but the supply curve decreases, the price increases but quantity depends on the size of the shift or is indeterminant: TRUE
If the demand curve increases but the supply curve decreases, the price increases but quantity depends on the size of the shift or is indeterminant. When shifting both the demand and the supply curves simultaneously, each shift must be drawn roughly the same.
Demand refers to the client's desire and willingness to shop for a service or product at a given length or over time. consumers need to also be capable of paying for something they want or need as determined with the aid of their disposable earnings budget.
Demand is a monetary idea that relates to a patron's desire to purchase goods and services and willingness to pay a selected price for them. Growth in the fee of a great or service has a tendency to decrease the amount demanded.
Learn more about Demand here:
https://brainly.com/question/28001343
#SPJ4
According to the island equilibrium model, species richness would be greatest on an island that isa. Large and remoteb. Small and remotec. Large and close to a mainlandd. Small and close to a mainlandAnswer: c. Large and close to a mainland
The larger island will therefore have a higher species richness since it can support more species and is more easily colonized by them due to its proximity to the mainland.
Why is species richness greater on larger islands?Larger islands will have a wider variety of habitats, so species that migrate to the island will diversify to fill the available niches, which has an impact on an island's biodiversity.Since there is a greater diversity of habitats and consequently a greater availability of resources, larger islands typically have more species than smaller islands.As a result, species richness is predicted to decline in smaller islands farther from the mainland due to higher local extinction rates and less immigration, while increasing in larger islands closer to the mainland due to high levels of immigration and a larger area available for foraging (MacArthur & Wilson, 1963, 1967.To Learn more About larger island refer to:
https://brainly.com/question/7964000
#SPJ4
during your year-end review of the accounts related to intangibles, you discover that the company has capitalized all the above as costs of the trademark. management contends that all of the costs increase the value of the trademark; therefore, all the costs should be capitalized.
The above costs should Suddenly Salad capitalize to the Trademark account in the balance sheet as 129,500.
The above costs should Suddenly Salad report as an expense in the income statement as $408,000.
What is a trademark?An intangible asset that relates to a characteristic visual feature that helps consumers understand a particular product from others is called a trademark.
The calculation for Salad capitalize to the Trademark account
Legal fees to register a trademark $56,700
Registration and design fees for the trademark +36,000
Legal fees for the successful defense of the new trademark + 36,800
Trademark cost = $ 129,500
The calculation for expenses in the
General advertising costs $290,000
Advertising focused on trademark + 118,000
expensed Outright = $408,000
Learn more about Trademarks, here:
https://brainly.com/question/19534317
#SPJ1
___ is when a company, brand or products is first in customers' minds when they think of a particular industry or category.
"Top-of-mind awareness" describes a brand or particular product being the first thing that consumers think of when considering a certain industry or category.
According to Marketing Metrics, top-of-mind awareness is "the first brand that comes to mind when a client is asked an unprompted inquiry about a category.
While brands are created through consumer perceptions, expectations, and experiences with all of the goods and services that fall under a given brand, products are made by businesses and can be purchased by consumers in return for cash. For instance, Toyota produces cars.
To know more about Marketing, click the below link
https://brainly.com/question/13414268
#SPJ4
The press is unofficially called the Fourth Estate because they are to serve as a critical watchdog of the government. True False Question 23 ( 2 points) Tony Schwartz developed "The Daisy Spot," a 1964 political advertisement for George W. Bush. True False
Tony Schwartz developed "The Daisy Spot," a political advertisement for George W. Bush is True
Who was behind the Daisy ad ?A ad created mostly by Tony Schwartz for President Lyndon B. Johnson's 1964 campaign against Barry Goldwater is maybe the most well-known of all—and undoubtedly one of the most contentious. Its full name is "Peace, Little Girl," however it is most popularly referred to as the "Daisy" advertisement.
When was the Daisy ad broadcast ?David and Bathsheba on The NBC Monday Movie, September 7, 1964, featured a contentious political advertising called "Daisy," also referred to as "Daisy Girl" or "Peace, Little Girl."
According to the given information
"The Daisy Spot," a political ad created by Tony Schwartz for George W. Bush is True
To know more about "The Daisy Spot"
https://brainly.com/question/14797972
#SPJ4
lydia and john wickham filed jointly in year 1. they divorced in year 2. late in year 2, the irs discovered that the pair had underpaid their year 1 taxes by $2,000. both lydia and john worked in year 1 and received equal income but john had $2,000 less tax withheld than lydia did.
The Wickhams underpaid their taxes by $2000 in year 1 according to information obtained by the IRS late in year 2. Year 1 saw Lydia and John both working and earning an identical amount of money, however John got $2000 less tax deducted than Lydia.
What are the different types of income?Earned, passive, and portfolio income are the three basic types of income. Earned income consists of salaries, tips, commissions, and wages. Potential passive and unearned income sources include limited partnerships, rental properties, and royalties.Interest, dividends, and investment capital gains are all types of portfolio or investment income.
What does the term "income" mean?Earnings is the amount of money received as compensation for work, whereas income is the entire amount of money received, which includes wages, benefits, pensions, and other payments.
To know more about income visit:
https://brainly.com/question/13947920
#SPJ4
Anna Feinberg began working for the Pfeiffer Company in 1968 at age seventeen. By 2005, she had attained the position of bookkeeper, office manager, and assistant treasurer. In appreciation for her skill, dedication, and long years of service, the Pfeiffer board of directors resolved to increase Feinberg’s monthly salary to $4,000 and to create for her a retirement plan. The plan allowed that Feinberg would be given the privilege of retiring from active duty at any time she chose and that she would receive retirement pay of $2,000 per month for life, although the Board expressed the hope that Feinberg would continue to serve the company for many years. Feinberg, however, chose to retire two years later. The Pfeiffer Company paid Feinberg her retirement pay until 2014. The company thereafter discontinued payments.
a. What are the arguments that the company’s promise to pay Feinberg $2,000 per month for life is enforceable?
b. What are the arguments that the company’s promise is not enforceable?
c. What is the proper outcome? Explain.
Past Consideration/Promissory Estoppel. Judgment for Feinberg. The law is clear that past services performed do not constitute valid consideration for the formation of a contract. Here, promises made in appreciation of Feinberg's many years of work do not render those promises enforceable against the company.
However, a promise that the promisor should reasonably expect to induce action or forbearance of a definite and substantial character on the part of the promisee, and which does induce such action or forbearance, is binding if injustice can be avoided only by enforcement of the promise. This doctrine is called promissory estoppel.
Feinberg reasonably relied on the promise of $700 per month retirement pay and thereby abandoned her opportunity to continue in gainful employment. At the time payments were discontinued, Feinberg was 63 years old. Her chance of finding satisfactory employment, much less a position comparable to the one she gave up when she retired, is virtually nonexistent. Feinberg's reasonable and detrimental reliance upon the company's promise has created an enforceable contract.
Learn more about Judgment here https://brainly.com/question/936272
#SPJ4
A company's store was destroyed by a fire on February 10 of the current year. The only information for the current period that could be salvaged included the following: Beginning inventory. January 1: $34,000 Purchases to date. $118,000 Sales to date; $ 140,000 Historically, the company's gross profit ratio has been 30%. Estimate the value of the destroyed inventory using the gross profit method.
Deducting the cost of goods that have been sold from the cost of goods that are still in stock, one can compute the amount of inventory that has been destroyed.
What is the value of inventory destroyed by fire?All the items, materials, and products that a business has on hand and intends to sell to clients for a profit are collectively referred to as inventory. If the vendor uses a vehicle to deliver newspapers to customers, the newspaper will be the only thing that counts as inventory. We'll treat the car like a valuable possession.
After that, deduct the price of the products that are still up for sale from the price of the already sold items. How much inventory was destroyed by the fire will be shown in the total.
Multiplying the period's sales by (1 - anticipated gross profit%) will yield the estimated cost of goods sold. The estimated cost of goods sold is determined in step two. Determine the price of the goods that are for sale in step one.
Therefore, the correct answer is $54,000.
To learn more about inventory destroyed refer to:
https://brainly.com/question/16900349
#SPJ4
