The correct pairs would be:
check issued but not yet presented for payment - deduct from checkbook balancebank charges -deduct from bank balancecheck is deposited not yet credited- add to bank balancebank receives a payment on behalf of the company- add to bank balanceadd to checkbook balance: none of the aboveWhat is transactions and their effects on the checkbook and bank balance?The summary of the transactions and their effects on the checkbook and bank balance are:
Check issued but not yet presented for payment: This transaction will deduct from the checkbook balance, as the check has been written and is waiting to be presented for payment.Bank charges: This transaction will deduct from the bank balance, as the bank is charging the account for a service or fee.Check is deposited not yet credited: This transaction will add to the bank balance, as the check has been deposited but has not yet been credited to the account.Therefore, It's important to note that these transactions will also affect the reconciled balance, which is the balance that takes into account all outstanding transactions and reconciles the checkbook balance with the bank balance.
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Suppose you purchase a Treasury bond that is due in 10 years, with a face value of $10,000 and an annual coupon rate of 6%. Coupons are paid at the end of each year.The annual coupon payment is $If you purchased the bond for $9,230.77, then the current yield is . Suppose interest rates increase. The price of your existing Treasury bond will Grade It Now Save & Continue Continue without saving
The current yield is for the annual coupon payment of the purchased bond is 6.50%.
What is current yield?Current yield is the annual rate of return on an investment (interest or dividend) divided by the security's current price. This indicator pays attention at the current price of a bond rather than its face value. The investment yield represents the return an investor would expect if the owner bought the bond and he held it for a year. However, the current yield is not the actual yield an investor would receive by holding the bond to maturity.
Investment yield is most commonly applied to bond investments, which are securities whose par (principal) value is issued to an investor at his $1,000. A bond contains an interest coupon amount stated on the face of the bond and the bond is traded between investors. As the market price of a bond changes, investors may purchase the bond at a discount (below par) or at a premium (above par), and the purchase price of the bond affects its current yield.
Annual coupon payment is:
6% of $10,000
= (6/100) × 100
= $600
If you purchased the bond at $9,230.77, then the yield would be:
$600/$9,230.77
= 6.50%
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Effective planning of variable overhead costs means that managers must
A) increase the expenditures in the variable overhead budgets
B) focus on activities that add value for the customer and eliminate nonvalue-added activities
C) increase the linearity between total costs and volume of production
D) identify the product advertising requirements and factor those into the variable overhead budget
Effective planning of variable overhead costs means that managers must focus on activities that add value for the customer and eliminate nonvalue-added activities. The correct option is B.
The Effective planning is the method which is used in the business field by the executive and team member to focus on the customer feedback and expectation regarding the products or services.
The effective planning include the objective towards the goal, planning to reach the customer need, aware about the upcoming or ongoing opportunities, focus on activities that add value for the customer and eliminate nonvalue-added activities.
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Floating-rate notes (FRN) A. experience very volatile price changes between reset dates.B. are typically medium-term bonds with coupon payments indexed to some reference rate (e.g. LIBOR). C. appeal to investors with strong need to preserve the principal value of the investment should they need to liquidate prior to the maturity of the bonds. D. both b and c
Floating Rate Notes (FRNs) are investments with a two-year maturity period. four interest payments every year. have a variable or "floating" interest rate over time.
Which of the following benefits do investors receive from variable rate bonds?
FRNs are attractive to investors because they offer greater interest rates due to the floater's periodic adjustment to market rates.
What does "floating rate" mean?
A floating interest rate suggests that the interest rate is susceptible to change every three months. Your loan's interest rate will be tied to the base rate established by the RBI based on a number of economic variables.
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Which of the following is NOT true of Pinterest? Clicking a pin gives supplemental information included with the pin No pins include the URL of the source of the pin Traffic from Pinterest is likely to be highly engaged and often purchase minded Several e-commerce sites have greatly increased their profits through the creative use of Pinterest
"No pins include the URL of the source of the pin" is not true. Option B
What is Pinterest?Generally, The statement "No pins include the URL of the source of the pin" is not true of Pinterest. Pins on Pinterest typically include the URL of the source website where the pin was originally found. This allows users to click on the pin and be directed to the source website for more information or to purchase the product.
Pinterest is a visual discovery platform that allows users to save and share images and videos that they find online or upload themselves. Users can create boards and save pins to these boards to organize and categorize their saved content. Pins can include images, videos, and other types of media, as well as a description and the URL of the source website.
Clicking on a pin on Pinterest typically gives supplemental information included with the pin, such as a description or additional images. Traffic from Pinterest is also likely to be highly engaged and often purchase-minded, as users are typically looking for inspiration and ideas for products or services to purchase.
Many e-commerce sites have increased their profits through the creative use of Pinterest by creating visually appealing pins that showcase their products and direct users to their websites to make a purchase.
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SAL PREPARES HIS FINANCIAL STATEMENTS USING STRAIGHT LINE DEPRECIATION. SAL FILES HIS TAX RETURN USING MACRS.MACHINE DEPRECIABLE BASIS 336,000 LIFE 5 YEARS SALVAGE VALUE 0DATE PLACED IN SERVICE APRIL 1, YEAR 1DATE SOLD JAN 1, YEAR 4 SALES PRICE 127,000 REQUIRED: WHAT IS THE LOSS ON SALE FOR FINANCIAL STATEMENT PURPOSES RECORDED ON JANUARY 1, YEAR 4? (DO NOT ROUND) (INSERT THE AMOUNT ONLY) REQUIRED: WHAT IS THE GAIN ON SALE FOR TAX PURPOSES RECORDED ON JANUARY 1, YEAR 4? (DO NOT ROUND) (INSERT THE AMOUNT ONLY) (INSERT THE AMOUNT ONLY) REQUIRED: WHAT IS THE GAIN ON SALE FOR TAX PURPOSES RECORDED ON JANUARY 1, YEAR 4? (DO NOT ROUND) (INSERT THE AMOUNT ONLY)REQUIRED: WHAT IS SAL'S YEAR 4 M-1 ADJUSTMENT RELATED TO THE SALE? (DO NOT ROUND) (INSERT THE AMOUNT ONLY) REQUIRED: WHAT IS THE NET BOOK VALUE OF THE MACHINE FOR TAX PURPOSES AT DECEMBER 31, YEAR 2?
For tax reasons, the machine's net book value at the end of year two was $2,42,760. A non-cash business expenditure that is spread out and measured over time is depreciation.
What exactly does a depreciation mean?
The fixed assets' book value decreases as a result of depreciation. Due to deterioration and developments in technology, assets lose value over time. Throughout the usable lifespan of the assets, depreciation will continue.
What is an example of depreciation?
The most typical sorts of depreciable assets include things like cars, buildings, furniture for offices, computers and other electronics, machinery and equipment, and certain intangibles like computer software, copyrights, and patents.
Briefing:
1. Loss on Sale for Financial Statement purposes
depreciation p.a = (original cost- salvage value)/ life of asset
= (3,36,000-0) / 5years
= 67,200 per annum
book value at year end 3 = 1,34,400
less:- sales value = 1,27,000
loss on sale of machine = 7,400
2. rate of depreciation on machinery= 15% per annum on WDV method
value at the end of year 3 = 2,06,346
less:- sales value = 1,27,000
gain on sale of machine = 79,346
3. carrying amount as per books = 1,34,400
value for tax base = 2,06,346
timming difference = 71,946
tax rate (assumed) = 30%
DTA = 21,583.80
Journal entry:-
Deferred Tax Asset A/c Dr 21,583.80
To Profit & Loss A/c 21,583.80
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Indicate what is happening to the U.S. real exchange rate in each of the following situations.
The U.S. nominal exchange rate is unchanged, but prices rise faster in the United States than abroad.
If the U.S. nominal exchange rate is unchanged, but prices rise faster in the United States than abroad, the real exchange rate increases.
an accurate exchange rate R is defined as the difference between domestic and international prices, where domestic prices are calculated using the nominal exchange rate at the time. Formally, R=(E.P*)/P, where P* stands for the domestic price level and P* for the international price level.
The real exchange rate (R) is said to appreciate when it falls and depreciate when it rises. The real rate indicates how much more or how little less goods and services can be purchased for a certain amount overseas (after conversion into a foreign currency).
In actuality, changes in the real exchange rate are more significant than changes in the rate itself.
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the payment of dividends may indirectly result in closer monitoring of management's investment activities, thus increasing shareholder value by group of answer choices increasing information asymmetry. reducing auditing fees. reducing agency costs. increasing a company's amount of free cash flow.
A closer watch on management's investment activities may be indirectly brought about through the payment of dividends, which would increase shareholder value by cutting down on agency fees.
What exactly is dividend on shares?Dividends are consistent payments provided by a firm to its investors as a form of profit-sharing. The price per share, as well as when and how frequently dividend payments are issued, are decided by the board of directors of a firm.
A dividend example is what?One of the four crucial steps in the process of division is the dividend. For instance, if 10 divided by 2 equals 5, then 10 is the dividend in this case and is split into two equal halves, whilst 2 is the divisor and the quotient is 5 and the remainder is 0.
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if the exchange rate is 100 yen per dollar, then a hotel room in tokyo that costs 18,000 yen costs $180 (in $ terms). T/F
Any hotel room in Tokyo that charges or costs 25,000 yen is false if the exchange rate is 80 yen for every given dollar.
The exchange offers layaway, right?
Luis Reyes, senior enlisted advisor to the Exchange. The layaway service is a wonderful option to control costs for both laptops and clothing, shoes, and backpacks, according to research done by The Exchange.
What is the job of an exchange?
An exchange's primary duty is to provide fair and orderly trading as well as effective pricing information distribution for all securities traded there. Exchanges provide a forum for businesses, governments, and other organizations to offer securities to the investing public.
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Match the following business activities to the steps in capital budgeting process. (Develop strategies, plan, direct, control)
1. A manager evaluates progress one year into the project.
2. Employees submit suggestions for new investments.
3. The company builds a new factory.
4. Top management attends a retreat to set long-term goals.
5. Proposed investments are analyzed.
6. Proposed investments are ranked.
7. New equipment is purchased.
The following business activities have been matched to the steps in the capital budgeting process:
1. A manager evaluates progress one year into the project. Control
2. Employees submit suggestions for new investments. Develop new strategies.
3. The company builds a new factory. Direct
4. Top management attends a retreat to set long-term goals. Develop strategies
5. Proposed investments are analyzed. Plan
6. Proposed investments are ranked. Plan
7. New equipment is purchased. Direct
What are the steps in the capital budgeting process?The steps in the capital budgeting process basically refer to the things that companies must do in order to ensure that they develop and maintain workable processes for the growth of their businesses. Planning, directing, controlling, and developing new strategies are all ways to ensure that the goals of the business are all reached.
In the first case, the manager's move to evaluate the progress of the business is one way to control the business. Setting long-term goals will help the business to thrive and remain functional for a long time.
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megan contracts to sell nonny her horse for $4,000. this contract will be fully discharged when megan and nonny
Megan contracts to sell nonny her horse for $4,000. This contract will be fully discharged when megan and nonny exchange the horse for the money.
What does discharge of contract mean?In law, the term "discharge of contract" means ending of the contractual relationship between the parties. A contract is said to been discharged when it ceases to operate i.e. when the rights and obligations created by the parties came to an end.
Also, contract can be discharged if the parties mutually agree to terminate the contract. Also there are different methods through which contracts can be discharged.
An Indian Act defined it as "contract can be discharged by the parties involved by giving lawful reasons like frustration, recession, ending the contract by giving prior notice, or on completion. Such termination will take place by the mutual consent of the parties or law.
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Prior to entering this discussion, review section 4 of the Environmental-Trend Analysis in the Abraham’s textbook.
As you have learned in this week’s readings, many businesses exist in dynamic markets that pose unique economic, political, and technological challenges. Select a medium- to large-sized, publicly traded corporation that currently exists in a challenging business environment. Refer to the seven common categories of trend analysis as laid out in your textbook: Economic, regulatory/legislative, political, demographic, sociocultural, attitude/lifestyle, and technological. Research the company online by accessing the Mergent Ashford University Library online database which offers company financials, descriptions, history, property, subsidiaries, officers and directors. Also, access the Business Insights: Global Ashford University Library online database which offers information on global companies and industries. It includes environment analysis, market share data, financial reports, case studies, business news, and company comparison charts. (View the Mergent tipsheet and Business Insights tipsheet documents for suggested methods of searching Ashford University Library databases generally, as well as specific advice for searching these two databases). You can always conduct research using credible online sources of corporate financial information, just be sure that wherever you obtain financial information that you cite your source. Use this Scholarly, Peer Reviewed, and Other Credible Sources (Links to an external site.)Links to an external site. document for guidance. Choose one of the seven categories to use as a basis of analysis for this discussion. Ensure that the time frame is now and that the challenges are continuing.
In your initial post of at least 400 words,
Provide a general description of the publicly traded company you chose.
Describe the challenges facing the company in the chosen category of analysis.
Assess its current performance in your chosen category of analysis.
Forecast its projected performance in your chosen category of analysis.
Evaluate impending opportunities or challenges that result from your environmental scan.
For the purpose of this discussion, I will be focusing on Apple Inc., a publicly traded company whose primary products and services include hardware, software, and online services.
What is company?Company is an association of individuals, whether natural, legal or a mixture of both, with the purpose of carrying on a commercial or industrial enterprise. Companies are organized for the purpose of making a profit, and they can be either private or public. Companies can be divided into different categories, such as corporations, limited partnerships, limited liability companies, and sole proprietorships. Companies range in size from small, privately owned businesses to large, publicly traded corporations. The main purpose of a company is to provide goods or services to customers in exchange for money. Companies also play an important role in the economy, as they create jobs, stimulate economic growth, and promote innovation.
The company is headquartered in Cupertino, California and has operations in several countries around the world.
One of the main challenges that Apple Inc. is facing in its current business environment is the technological environment. Technology is constantly evolving, and Apple needs to stay ahead of the curve in order to remain competitive. This is made even more difficult by the fact that there are many competitors in the market, such as Samsung, Microsoft, and Goo gle, all of which are also trying to stay ahead of the latest trends. Additionally, Apple is also facing the challenge of how to effectively utilize the data that it collects from its customers in order to improve its products and services. This data can be used to better understand customer needs and preferences, as well as to improve internal processes.
Apple's current performance in the technological environment is strong. The company has been able to stay ahead of the curve by consistently introducing new products and services, such as the iPhone, iPad, and Apple Watch. Additionally, Apple has also been able to leverage its data to improve its products and services, as evidenced by the introduction.
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today, the role of social media is to build relationships among consumers and turn consumers into brand advocates. in contrast to earlier goals of promotion, this new form of promotion is described best as promotion.
Today, the role of social media is to build relationships among consumers and turn consumers into brand advocates. In contrast to earlier goals of promotion, this new form of promotion is described best as Connecting promotion.
Which of the following, in terms of its marketing messages, is the primary objective of integrated marketing communication?Creating a consistent message and brand identity that customers will recognize across all media is the aim of integrated marketing communications. This calls for a coordinated approach involving all facets of marketing, from sales and customer service to public relations and advertising.
What term describes a variety of tools and procedures that assist marketers in the planning and evaluation of marketing initiatives?A corporation uses a set of tactical, controllable marketing tools known as the marketing mix to elicit a desired response from its target market. Everything a business can do to affect the demand for its product is included in it. It is a tool that aids in planning and carrying out marketing strategies.
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which of the following would most likely result if the federal government increased spending without increasing tax revenues during a period of full employment? group of answer choices a recession a decrease in interest rates an increase in the price level a decrease in the national debt
In a situation when there is full employment in the economy and the government raises expenditure without boosting tax collection, prices for goods and services will rise.
What happens when the amount spent by the government rises?Government spending boosts overall demand, which drives up prices. More output is prompted by increased pricing, in accordance with the law of supply. More jobs are created in order to do this. Demand growth results in reduced unemployment rates and higher output.
What occurs when governments spend excessively?Overspending by the government results in budget deficits and imbalances. Overspending by the government has drawbacks including higher interest rates, a lack of national savings, and a default risk.
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macroeconomics concerns the analysis of all except one of the following. give the incorrect response:
Option (c), With the exception of one, macroeconomics examines all of the following. The incorrect answer Decisions made by specific households and businesses.
Which macroeconomic issues are the most important?
Macroeconomics is the study of how economies work, including shifts inside the balance of payments, inflation, interests and foreign exchange rates, as well as economic output. Poverty reduction, social equality, and sustained growth are only possible with sound monetary and fiscal policies.
The macroeconomics process consists of what four steps?The law of supply, which gives the slope of the supply curve, the law of demand, which gives the slope of a demand curve, and the shift factors for both supply and demand are the four fundamental pieces of knowledge that must be used to build the model.
Macroeconomic theories include analysis of issues like inflation, unemployment, economic growth, national output, and more, but they do not include analysis of a particular sector, individual, or company. Therefore, choice C is how to maintain or improve a particular firm's profitability.
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Macroeconomics concerns the analysis of all EXCEPT one of the following. Give the incorrect
response:
a. Business cycles.
b. The inflation rate.
c. Choices made by individual households and firms.
d. Monetary policy.
which of the following is not an exception to the employment-at-will doctrine? multiple choice public policy implied-contract occupational safety and health administration all of these are exceptions to the employment-at-will doctrine implied covenant of good and fair dealing
The option that is not an exception to the employment-at-will doctrine, is C. occupational safety and health administration.
What is the employment-at-will doctrine?With an at-will contract, an employer is free to terminate an employee at any moment for any reason—aside from those that are illegal—or for no reason at all. Similarly, there are no negative legal repercussions if an employee quits their employment at any moment for any reason or for no reason at all.
At-will employment also indicates that an employer may modify the conditions of the employment relationship at any time with no warning and no repercussions. An employer might change pay, stop providing benefits, or cut paid time off, for instance. In its purest form, the U.S. at-will law exposes workers to arbitrary and unexpected termination, a constrained or on-call work schedule depending on the demands of the employer, and sudden reductions in salary and benefits.
However, there are exceptions to the employment-at-will doctrine including, public policy, implied contracts, and implied covenant of good and fair dealing.
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All of the following statements are considered to be good advice for the potential investor before
starting his or her personal investment program except:
A. Learn to live within your means.
B. Increase credit purchases and make installment payments in order to increase cash available for
investing.
C. Provide adequate insurance protection.
D. Start an emergency fund.
E. Establish a line of credit.
The following statements are considered to be good advice for the potential investor before starting his or her personal investment program except Increase credit purchases and make installment payments in order to increase cash available for investing.
What are credit purchases?Using your card or account number to buy, rent, or lease products and/or services is known as a credit purchase. Despite the fact that some transactions may qualify as purchases, some quasi-cash transactions are nonetheless subject to the same finance charges that apply to cash advances. on December 10, 2022, an update. A credit purchase, also referred to as buying something "on credit," is when you order something that you will receive today but have to pay for later. For instance, when you use a credit card, your financial institution purchases the items or services in advance and then bills you for the money.
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The intrinsic value (not market value) of an asset is the present value of all expected cash flow it is expected to generate. Identify and carefully explain at least three principles of finance in that statement.
The three principals of finance in the given statement are time value of money, cash flow and risk and return.
Time value of money is the concept that a sum of money is worth more now than the same sum will be at a future date due to its earnings potential in the interim.
Cash flow means the amount of cash or cash equivalents that go in and out of a company.
Risk and return refers to income from a security after a defined period of time on the other hand, risk refers to the uncertainty that the return may not be received. The greater the risk, the higher the potential for profit or loss.
Intrinsic value of an asset measures the value of an investment based on the cash flows. Intrinsic value shows you the asset's value based on an analysis of its actual financial performance.
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In March, a US investor instructs a broker to sell one July put option contract on a stock. The stock price is $42 and the strike price is $40. The option price is $3. Explain what the investor has agreed to. Under what circumstances will the trade prove to be profitable? What are the risks?
A put option is a right for the option buyer to sell the underlying share to the option seller at the strike price on the date of maturity of the option. In the given case, the investor has sold one July put option with a strike price of $40.
This means that the option buyer can sell the underlying stock to the option-selling investor at the time of the expiry of the options contract in July $40. This is what the selling investor has agreed to. In lieu of taking this risk, the option seller gets an option premium which is $3 in this case.
The option buyer will exercise the option obviously only if the stock price at the time of expiry is below $40 (If the price stays higher than $40, he would prefer to sell directly in the market). The trade will be profitable if, at the time of the expiry of the option in July, the stock price remains above 37. This is because the revenue of the option sellers from the trade is $3. So, if his costs remain below $3, the trade stands profitable for him. If the price goes below $37, the option buyer will sell the stock to him for $40 which will have a market value of less than $37 and his loss would go higher than $3, thus resulting in a net loss to him.
Selling options is a high-risk game. This is because the return is limited and can maximum be equal to the option premium. However, the risk is unlimited depending on the movement of stock price. For e.g.: if in the given case, the stock price falls to $20 by the time of expiry in July, the option buyer would exercise the option by selling the share to him for $40 and the investor's loss would be $20 (I.e. $40-$20) against the premium earned of $3.
Therefore, the risks involved are significant financial losses against the limited returns available. Since the risk-reward scenarios are not too promising, these trades are only successful overall when the odds of their success are very high.
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Charlotte dies with a gross estate of $20 million. Her estate plan probably should: O a. Transfer all of Chariotte's assets by will to Local Symphony, Charlotte's favorite charity, O b. Transfer Charlotte's bypass amount to Local Symphony and the rest to the children. O c. Make asset transfers to the children of Charlotte and Trevar equal to her bypass amount and the remainder to Trevon. O d. Transfer all of her assets to her husband Trevor who was one year older than Charlotte.
When Charlotte dies with a gross estate of $20 million, the estate plan should c. Make asset transfers to the children of Charlotte and Trevar equal to her bypass amount and the remainder to Trevon.
What is an estate plan ?Creating an estate plan entails deciding who will ultimately inherit your possessions. In the event that you are unable to manage your affairs on your own for any reason, it also specifies how you want them to be handled. It's a difficult process that sometimes seems overwhelming.
The estate plan should make asset distributions to the children of Charlotte and Trevar equal to her bypass amount and the remaining money to Trevon when Charlotte passes away with a gross estate of $20 million.
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A real estate brokerage should __________ that will help to minimize risk and potential liability exposures.
Every brokerage should adopt written policies and procedures that define the company's agency representation policies, competitive practices, fair housing guidelines, personnel policies, communications policies, documentation and record keeping policies, and a statement of the company's overall commitment to the ethical and legal practice of real estate. Once adopted, these policies should become part of each licensee's everyday practice and enforced on a consistent basis.
A real estate brokerage should establish policies and procedures that will help to minimize risk and potential liability exposures.
What is real estate brokerage?A real estate brokerage should adopt written policies and procedures that define the company's agency representation policies, competitive practices, fair housing guidelines, personnel policies, communications policies, documentation and record keeping policies, and a statement of the company's overall commitment to the ethical and legal practice of real estate.
Once adopted, these policies should become part of each licensee's everyday practice and enforced on a consistent basis. This can help to ensure that the brokerage is operating in a compliant and ethical manner, protecting both the brokerage and its clients from potential legal or financial liabilities.
Therefore, It is important for the brokerage to regularly review and update its policies and procedures to ensure that they are current and in line with industry standards and regulatory requirements.
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g: question at position 20 the underlying assumption of business ethics is not? the underlying assumption of business ethics is not? efficiency respect transparency integrity
Ethics has simple assumptions: one, that guy is a rational being, and , that guy is free. These simple assumptions have an effect on the diploma of our ethical responsibility.
The first of those assumptions is Heidegger's „preontological“ and „PR existential“ assumption, the second one his „existential“ assumption, and the 1/3 his „ontological“assumption.
One of the maximum dependable approaches to locate assumptions is to search for shifts in language among the premises and end of an argument. When new stuff seems withinside the end that wasn't mentioned withinside the premises, it generally was given there with the aid of using manner of an assumption.
An underlying assumption is that the extra generations supported, the extra the safety towards loneliness. The underlying assumption being that those 4 ecological variables are additive in figuring out the suitability of a region. The underlying assumption is that one of a kind styles of reforms have comparable causes.
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Assets can be described as items that:
Provide market value to the firm.
Generate revenue.
A firm owns.
Assets can be described as items that a firm owns.
What are assets?
A resource having economic worth that a person, business, or nation possesses or controls with the hope that it would someday be useful is referred to as an asset. The balance sheet of a business lists assets. They are divided into four categories: tangible, financial, fixed, and current. Any resource that a company or other economic organisation owns or controls is considered an asset in financial accounting. Anything that has the potential to provide positive economic value qualifies. The ownership value that can be turned into cash is represented by assets. Assets include tangible goods like machinery, real estate, raw materials, and inventories as well as intangible items like intellectual property rights, royalties, and other patents.
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Common commitment and purpose and mutual accountability are among the elementsthat make teams function.True False
True. Teams function when there is mutual accountability, shared commitment, and a common goal.
Describe functions.An organization's tasks are referred to as business roles, and they may also be broken down into primary and secondary functions. The fabrication of finished goods or services destined for the industry or for other parties is one of a startup's primary operations.
What are the important functions?Functions are the broad classifications of a company's procedures and capabilities that define its work. Business units make ensuring a company is successful for its clients, staff, managers, and investors. A organization may have multiple major business functions or only one.
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Break-even quantity is a point wherea. the level of profit is maximized.b. the level of cost is minimized.c. only variable costs are covered.d. there are zero profits.
Break-even quantity is a point where there are zero profits.
Why is the profit at zero break-even?Your total revenue (sales or turnover) and total costs will be equal at this moment. You have reached "break even" at this moment, which means there is no profit or loss. Choosing your selling pricing, creating a sales budget, and creating your company plan can all be aided by understanding your break-even point.
Is zero the break-even point?Overview. The break-even point (BEP) or break-even level denotes the sales amount necessary to cover all costs, including both fixed and variable costs to the business, whether expressed in terms of units sold or income earned. At break-even, there is no profit at all.
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entrepreneurial new entry is often perceived as a competitive threat because most market needs are not being met, either directly or indirectly, by an existing firm.
Entrepreneurial new entry often poses a competitive threat because it introduces new and innovative solutions to existing market needs that existing firms do not provide.
This can disrupt existing market dynamics and lead to significant changes in prices, products, services, or even entire industries. As a result, existing firms must either adapt to the new environment or lose market share to the new entrant. In addition, the new entrant may also create opportunities for competitors to enter the market, further increasing competition. This can have an effect on the profitability of existing firms and may lead to increased costs for consumers.
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Suppose that policy makers are concerned that the price of wheat may get too low. The market for wheat is depicted in the accompanying diagram 8 Supply 7 Price (5) 5 4 3 What type of price control would policy makers use to keep the price of wheat from getting too low? O a price wall O a price floor O a price war O a price ceiling O a price marker Demand 2 1 0 1 2 3 4 5 6 7 8 9 10 Quantity (in thousands of kilograms) b. Suppose that the government implements the price control that you have selected. Which of these prices would be binding? O $7 $5 $6
Price floor, A price floor is the lowest legal price that can be paid in a market for goods and services, labor, or financial capital.
What price floor ?The lowest permitted price that can be paid in a market for goods and services, labor, or financial capital is known as a price floor. The minimum wage, which is founded on the normative idea that someone performing a full-time job should be able to afford a basic level of living, is maybe the best-known example of a price floor.An fixed lower limit on a commodity's market price is known as a price floor. In order to prevent a commodity's market price from falling too low and endangering the producers' ability to make a living, governments typically create a price floor.To learn more about Price floor refer,
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At the end of the year, before distributions, Bombay (an S corporation) has an accumulated adjustments account balance of $15,000 and accumulated E&P of $20,000 from a previous year as a C corporation. During the year, Nicolette (a 40 percent shareholder) received a $20,000 distribution (the remaining shareholders received $30.000 in distributions). (Assume her stock basis is $40,000 after considering her share of Bombay's income for the year but before considering the effects of the distribution.) Required: a. What is the amount and character of gain Nicolette must recognize from the distribution? b. What is her basis in her Bombay stock at the end of the year?
The amount and character of gain Nicolette must recognize from the distribution is $8000 and basis is $ 28000.
For $ 15000 distributions,
Given,
Accumulated adjustments account balance = $15000
Shareholder = 40%
To calculate, Distribution from 15,000 accumulated adjustments account
= 15,000 *40%
= 6000 (This reduces her basis)
For $ 20000 distributions,
Given,
Accumulated adjustments account balance = $15000
Shareholder = 40%
To calculate, Distribution from 20,000 accumulated adjustments account
= 20,000 *40%
= 8000 (This does not reduces her basis)
Final distribution = 20,000 - 6000 - 8000 = 6,000
This reduces her basis.
a. Dividend income = $8,000
Return on capital = $6,000 + $6,000 = $12,000
b. Basis = $40,000 - $6,000 - $6,000 = $28,000
Thus, Amount or dividend income is $8000 and basis is $28,000.
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From the following, prepare a classified balance sheet for Bach Crawlers as of December 31, 2017. Ending merchandise inventory was $4,200 for the year Cash $ 6,200 Accounts payable $ 1,900Prepaid rent 1,700 Salaries payable 1,700 Prepaid insurance 4,200 Note payable (long term)8,200 Office equipment (net) 5,200 P. Bach, capital9,700 " What the owner supplies to the business. Replaces common stock and retained earnings section.
The owner supplied $16,300 total Current Assets and $3,600 total Current Liabilities.
Balance Sheet
As of December 31, 2017
Current Assets
Cash $6200
Inventory $4200
Prepaid Rent $1700
Prepaid Insurance $4200
Total current assets $16300
Current Liabilities
Accounts Payable $1900
Salaries Payable $1700
Total Current Liabilities $3600
What is the balance sheet?
The financial statement that provides an entity's financial situation in summary form is the balance sheet.
Assets, liabilities, and equity balances are categorised on the balance sheet of the company.
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Tami recently became a waitress at a popular restaurant. The restaurant manager explained to her everything that she needed to do, how the tables were numbered, and that she had to memorize the menu and its contents. He also went on to explain what she should say to diners and how she should talk, She was also give details about her coworkers' responsibilities. Tami wasn't able to remember the important points that he had given her even though she was paying complete attention to everything he said. In this case, Tami's inability to remember the points is most likely caused byA) low instrumentalityb) lack of opennessc) filteringd) misperceptione) information overload
In this case, Tami's inability to remember the points is most likely caused by information overload. (Option E)
What is meant by information overload?When one has too much information on a subject, it can be difficult to comprehend it and make judgments that will have a positive impact. Information overload is typically related to the excessive amount of information that people receive on a daily basis.
What is the procedure for obtaining and analyzing information?Selecting, compiling, and interpreting information is the process of perception. We react to stimuli—whether they are items or people—differently depending on how we perceive them, which has an impact on how we communicate.
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A client messaged you saying that there might be something wrong with the bank feed of their checking account. What would be the first thing to do to see if the bank feed will refresh?
To refresh your feed:
In the Accounting menu, pick out Bank accounts.
On the account you desire to refresh the financial institution feed for, click on Manage Account, then choose Refresh Bank Feed.
How lengthy does it take to refresh financial institution feed in Xero?Transactions will show up in your bank account in Xero each 12 hours, or you can manually refresh your feed to import the ultra-modern transactions.
Why is Sage bank feeds not working?This may be due to the fact your bank has made an error in supplying transactions to us, or some thing has long gone wrong with the bank feed.
To flip on or off the routinely refresh list feature:
In the Home window on the Setup menu, select User Preferences, then Options.
Select or clear the Automatically Refresh Lists check box.
Click OK.
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