Answer:
1. We have:
Net operating cash flow for Year 1 = -$13,500
Net operating cash flow for Year 2 = $57,000
2. We have:
Net income for Year 1 = $50,500
Net income for Year 2 = 94,000
3. We have:
Amount of receivables from customers to show in Year 1 balance sheets = $31,000
Amount of receivables from customers to show in Year 2 balance sheets = $82,000
Explanation:
Note: This question is not complete as the requirements are omitted. The complete question is therefore provided before answering the question. See the attached pdf file for the complete question.
Explanation of the answers is now given as follows:
1. Calculate the net operating cash flow for years 1 and 2. (Net cash outflows should be indicated by a minus sign.)
Note: See Part 1 of the attached excel file for the calculation of Net Operating Cash Flow for Year 1 and Year 2. From it, we have:
Net operating cash flow for Year 1 = -$13,500
Net operating cash flow for Year 2 = $57,000
2. Prepare an income statement for each year according to the accrual accounting model.
Note: See Part 2 of the attached excel file for the Income statements for Year 1 and Year 2. From it, we have:
Net income for Year 1 = $50,500
Net income for Year 2 = 94,000
Also note that Utilities for Year 2 is calculated as follows:
Utilities for Year 2 = Cash disbursements to Year 2 Utilities - (Utilities for Year 1 - Cash disbursements to Year 1 Utilities) = $33,000 - ($31,500 - $26,500) = $28,000
3. Determine the amount of receivables from customers that the company would show in its year 1 and year 2 balance sheets prepared according to the accrual accounting model.
Note: See Part 3 of the attached excel file for the Determination of ending receivables for Year 1 and Year 2. From it, we have:
Amount of receivables from customers to show in Year 1 balance sheets = Ending receivables from customers in Year 1 = $31,000
Amount of receivables from customers to show in Year 2 balance sheets = Ending receivables from customers in Year 2 = $82,000
To debit Shareholder's Capital means which of the following? A. Decrease company revenues B. Increase its position C. Stabilize revenues D. Decrease its position
Answer: D. Decrease its position
Explanation:
Shareholder capital works much like a liability account in that it increases when credited and decreases when debited.
When a company debits shareholder capital, they are decreasing the number of shares that the company has outstanding. This is known as decreasing shareholder position.
They can do this through share repurchases where the company buys back shares from its shareholders or they can cancel shares.
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CO.ME FA.ST ON ZO.O.M
Answer:
WHY FAST?
Explanation:
Made by Hand Company makes custom furniture of all kinds. The firm has evolved into a big business due to quality and innovative work. Recently, top management asked company departments to list and evaluate the kinds of socially responsible efforts conducted internally and externally in the business and to list negative occurrences that supervisors observed. Top management is essentially conducting a(n)
Answer:
The right answer is "Social audit".
Explanation:
A comprehensive assessment of the achievements or advancements of something like a corporation to become a community development organization, favorable and unfavorable measures have been taken.As something of an indication of such a particular consequence that should be included under supervisory review metrics, this same quantity of toxins a company releases further into its surroundings.Thus the above is the correct answer.
When an individual withdraws funds from a checking account the: Select one: a. bank's balance sheet shrinks but the size of the Fed's balance sheet increases. b. size of the bank's balance sheet stays the same but the size of the Fed's balance sheet shrinks. c. bank's balance sheet shrinks but the size of the Fed's balance sheet is not affected. d. bank's balance sheet shrinks and so does the Fed's balance sheet.
Answer:
c. bank's balance sheet shrinks but the size of the Fed's balance sheet is not affected
Explanation:
In the case when an individual withdraws the amount from the checking account so the balance sheet of the bank should shrink but overall the size of the balance sheet of fed is not impacted
So according to the given situation, the option c is correct
Hence, the same should be considered
PLZ HELP 40 POINTS! Task 2
Online Security
Online privacy and data security are a growing concern. Cybercrime is rampant despite the various security measures taken.
Mention five tools to safeguard users against cybercrime. How do these tools help decrease crime?
Provide the details of how each of these tools work.
Describe how these tools are helping to restrict cybercrime.
Answer:
1. Keep everything up to date
Many breaches, including the 2017 one at the Equifax credit bureau that exposed the financial information of almost every American adult, boil down to someone leaving out-of-date software running. Most major computer companies issue regular updates to protect against newly emerging vulnerabilities.
2.Use strong, unique passwords
Remembering passwords, especially complicated ones, isn’t fun, which is why so much work is going into finding better alternatives. For the time being, though, it’s important to use unique passwords that are different for each site, and not easy-to-hack things like “123456” or “password.”
3. Enable multi-factor authentication
In many situations, websites are requiring users not only to provide a strong password but also to type in a separate code from an app, text message or email message when logging in. It is an extra step, and it’s not perfect, but multi-factor authentication makes it much harder for a hacker to break into your accounts.
Hey ur another answer
Explanation:
I hope this will help you again
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Answer:
thanks
Explanation:
The multiplier effect states that a manager's influence on the organization ________.
A can have great and continual cost implications
B can result in many types of company diversity
C is felt repeatedly for many days
D also results in large consequences for employees' families
E has implications far beyond the results that can be achieved by one person acting alone
Answer:
E) has implications far beyond the results that can be achieved by one person acting alone
Explanation:
The multiplier effect can be regarded as a the proportional amount of increase/ decrease that exist in final income as a results of some activities such as injection,spending or
withdrawal. It can be explained as
any changes that comes up from consumer spending as a result of any real GDP growth as well as contraction brought about through the utilization of fiscal policy. It shouldbe noted that The multiplier effect states that a manager's influence on the organization has implications far beyond the results that can be achieved by one person acting alone
Answer:
E has implications far beyond the results that can be achieved by one person acting alone
Explanation:
Multiplier effect occurs when a manager is able to replicate his abilities in others who are working under him.
It is his ability to train others to be as effective as himself.
This will result in a team that is more effective and has the potential of doing a lot more than when the manager is acting alone.
Building capacity in those under the manager gives the possibility of the operation moving forward without much further input from them.
Gabriela is a geologist working for an oil company. She joined the National Guard and was called to active duty to serve in Afghanistan for a year shortly afterward. The oil company said the job would be there for her upon her return. She served with distinction and upon returning home she contacted her old company. They informed her that the position had been filled and there was no open position for her. If the company does not uphold the USERRA law, Gabriela can call on what organization to fight for her employment rights
Answer: EEOC: Equal Employment Opportunity Commission
Explanation:
Based on the information given, Gabriela can call on the Equal Employment Opportunity Commission to fight for her employment rights
The U.S. Equal Employment Opportunity Commission is in charge of enforcing the federal laws which make it illegal to discriminate a person against an employee or job seeker because of the religion, race, color, sex of the person.
just a mental health update, be sure to drink some water and get a heathy snack and don't to much work. Have a good day! <3
Although there are numerous stages in the new-product process, firms develop a strategy, then start ________ and continue the process through the final step of ________, Multiple choice question. business analysis; screening and evaluation idea generation; commercialization alternatives evaluation; market testing protocol development; failure analysis
Answer:
idea generation; commercialization
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.
A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) stages in the product-life cycle;
1. Introduction.
2. Growth.
3. Maturity.
4. Decline.
Although there are numerous stages in the new-product process, business firms typically develop a strategy that's in tandem with their set goals and objectives, then start idea generation such as brainstorming on how to produce the product, branding, specifications, etc., and continue the process through the final step of commercialization, which is the stage where the product is introduced into the market for the consumers to buy.
If there is a high demand for a product, the price for that product will
O be lower
O be higher
stay the same
O none of the above
Answer:
High demand equals higher prices
Explanation:
The lesson reads:
Remember:
high demand = higher prices
low demand = lower prices
high supply (when there is an increased inventory or a lot of a product) = lower prices
low supply (when there is a decreased inventory or not enough of a product) = higher prices
If there is a high demand for a product, the price for that product will be higher. The correct option is b.
What is a product?A product is an object, system, or service made available for consumer use as per consumer demand; it is anything that can be offered to a market to satisfy the desire or need of a customer. In retailing, products are often referred to as merchandise, and in manufacturing, products are bought as raw materials and then sold as finished goods. Service is also regarded as a type of product.
In project management, products are the formal definition of the project deliverables that make up or contribute to delivering the objectives of the project. A related concept is that of a sub-product, a secondary but useful result of a production process.
Dangerous products, particularly physical ones, that cause injuries to consumers or bystanders may be subject to product liability.
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What impact did the hard-lockdown have on the perfect markets?
Answer:
impacts include they might lose buisness because lock downs made markets close down
they might also lose customers- (everyone is staying home, etc)
hope that helps bby<3
Adam Smith believed that _____________ would lead to the production of items that consumers want.
a
self interest
b
government control of resources
c
lack of competition
d
productivity
Answer:
a. self interest
Explanation:
Adam Smith was a Scottish political economist, social and moral philosopher, author and he is famously considered to be the father of modern economics. Smith was born on the 5th of June, 1723 in Kirkcaldy, United Kingdom and he died on the 17th of July, 1790 in Panmure House, Edinburgh, United Kingdom.
In his first book titled, "The Theory of Moral Sentiments" which was published in 1776, he proposed the idea of an invisible hand, based on the tendency of free market economy to regulate or self-adjust themselves through demand and supply, competition, and self interest.
Hence, Adam Smith believed that self interest would lead to the production of items that consumers want.
In several African countries where the rhinoceros was once a thriving species, the animal is now nearly extinct. In most of these nations, rhinoceros horns are used as traditional ingredients in certain medicines. Rhinoceros farming has been proposed as an alternative to the imposition of stiff penalties on people who are caught engaging in rhinoceros hunting. The imposition of stiff penaltiesA. reduces the supply of rhino horns.B. makes poaching more lucrative.C. increases the price of rhino horns.D. All of the above are correct.E. B & C only are correct.
Answer:
D. All of the above are correct
Explanation:
In many places, rhinoceros are illegal hunted down and their horns are illegal black market at a very high price. It is believed that the rhino horns have some medicinal value.
In the context, in several South African countries, the government have imposed heavy penalties on people who are caught in hunting of the rhinoceros. Thus this imposing of the penalties will increase the cost of the rhino horn in the black market, it will also makes the poaching business more lucrative as the demand on the horns and the cost of the hunters will be more. Penalties will also effect the supply of the rhino horns as many people will now stop poaching the rhinos. Thus the supply will decrease.
Therefore the correct option is (D).
What would you do if fear was not a factor and you could not fail
Answer:
You don't have to take insane risks to achieve most of the goals if fear was not a factor or you could not fail but you have to take action and just you will win without hard work, without stress, without fair and that is worthless. If you don't try something, you never had a chance of winning it.
Answer:
Fear is main cause to fall or fail.
if there is no sort of fear I think I will be relaxed,fee and enjoy my life without difficulties and problems.
I think if there is no fear I will do whatever I like
I may fly in the sky without wings.
I may walk in the surface of water.
Edwin Company uses the FIFO method in its process costing system. The first processing department, the Welding Department, started the month with 22,000 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $24,200. An additional 96,000 units were started into production during the month. There were 20,000 units in the ending work in process inventory of the Welding Department that were 90% complete with respect to conversion costs. A total of $585,900 in conversion costs were incurred in the department during the month. What would be the cost per equivalent unit for conversion costs
Answer:
$5.77
Explanation:
Beginning WIP 22,000 units (20 % complete, 80% need to be completed in current month)
Beginning WIP 22,000 units*(100 - 20%) 17,600 units
Units started & completed in current month 66,000 units (96,000-20,000)
Ending WIP 20,000 units * 90% 18,000 units
Equivalent units of production 101,600 units
Cost per equivalent unit for conversion costs = $585,900/101,600 units
Cost per equivalent unit for conversion costs = $5.7667323
Cost per equivalent unit for conversion costs = $5.77
Which situation best illustrates the concept if absolute advantage??
Answer: A German factory that can build more sports cars than foreign factories.
Explanation:
Absolute advantage refers to a scenario whereby a good or service can be produced in higher quantity at same cost by a company when compared to others.
In this situation, the scenario that best illustrates the concept of absolute advantage is a German factory that can build more sports cars than foreign factories.
Sunland Company is considering the replacement of a piece of equipment with a newer model. The following data has been collected:
Old Equipment New Equipment
Purchase price $312000 $512000
Accumulated depreciation 124800 - 0 -
Annual operating costs 411000 354000
If the old equipment is replaced now, it can be sold for $85000. Both the old equipment’s remaining useful life and the new equipment’s useful life is 5 years. The company uses straight-line depreciation with a zero salvage value for all of its assets.
The net advantage (disadvantage) (net effect on current year net income) of replacing the old equipment with the new equipment is (don’t consider annual operating costs in the computation)
A. $(99000)
B. $124800`
C. $85000
D. $(17400)
Answer:
D. $17,400
Explanation:
Historically entrepreneurs in the U.S. have: A)often created wealth for themselves, but have had a minor impact on the economy as a whole. B)started many small firms that later became major corporations employing thousands of workers. C)been successful only when they worked in partnership with the federal government. D)played an important role, but are less important now in creating jobs and wealth.
Answer:
B) started many small firms that later became major corporations employing thousands of workers.
Explanation:
Entrepreneurship is the intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).
An entrepreneur refers to an individual who sees a need or discovers a problem in a society and innovatively proffers a solution using brilliant ideas or entrepreneurial thinking.
The following are four characteristics of an entrepreneur;
1. Innovative: it can be defined as a quality possessed by an individual or group of people such as an entrepreneur and typically involves the process of improving on an existing product or ideas.
2. Passionate: believing in a course and one's ability to achieve much more at a business.
3. Risk-Taker: he or she is confident enough to venture into risky businesses with the hope of an expected success.
4. Self-Confident: he or she is bold and believes in his or her abilities to excel.
In a society, the role of an entrepreneur is mainly focused on bringing the four (4) factors of production together and take the risks of producing output, so as to generate revenue through sales and make economic profits in the long-run.
Historically, entrepreneurs in the United States of America have started many small firms that later became major corporations with branches across the world and employing thousands of workers to carry out its daily services.
Sandra owns a small gift shop in Tennessee. She hopes the economy will rebound this fall as she has to order her Christmas merchandise and other holiday gifts in February. She wants to make sure she has enough goods for the surge in sales that the holiday season usually brings to her retail store. Here, Sandra is using _____ to be sure she has enough gifts for those extra customers that she hopes will bear the economic woes and shop for holiday presents.
Answer:
buffering
Explanation:
Since in the question it is mentioned that she have to sure with respect to the goods that could be held for sales at the holiday season so here she is using the buffering to become sure that the gifts are sufficient for the additional customers
Here buffering means the excess amount of the goods that should be applied for fluctuation in the price and emergencies
Even though the nation faces political instability, the island of Pantay with its wide, expansive beaches is a destination hub for cruise lines. Recently, a large theme park company showed strong interest in buying land in Pantay with the intent of building a park targeted toward families. The company wants to make a commitment to Pantay, including the hiring of several hundred local employees. The company is using a global marketing strategy called
Answer: Foreign Direct Investment
Explanation:
Foreign Direct Investment is a type of investment into a country where the foreign investor establishes a presence by actually running and operating a company in the domestic country.
This is what the large theme park wants to do in Pantay. By making a commitment and hiring hundreds of locals, the company is intent on running a company on the island so this is Foreign Direct Investment.
The company that used the global marketing strategy is known as foreign direct investment.
The information regarding the foreign direct investment is as follows:
It is the acquisition of the interest in the company from a company or an investor that should be located outside of its borders. It refers to the business decision for purchasing the stake in the foreign business or purchase them outright for expanding the operations to the new region.Therefore we can conclude that the company that used the global marketing strategy is known as foreign direct investment.
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Mr. Blatt: Expert consultants are sought after by management because they help executives make better decisions. That is why they are worth the substantial fees they charge.
Ms. Fring: Nonsense. Expert consultants are hired in order to enable executives to avoid responsibility. The more the experts cost, the more they can be blamed when things go wrong.
Which one of the following, if it occurred, would be the strongest evidence favoring Ms. Fring’s position over Mr. Blatt’s position?
(A) A company that is trying to decide whether to move its manufacturing plant hires an expensive expert to conduct a cost/benefit analysis.
(B) Two competing companies faced with very similar problems adopt different solutions, one with the help of a consultant, one without.
(C) A successful firm of expert consultants seeks to increase its volume of business by reducing its fees, but its volume of business drops.
(D) An expert consultant builds up a successful business by charging clients a substantial percentage of the amount an independent assessor judges that the consultant saved the company.
(E) A company follows a consultant’s advice to open two new stores, but both stores are only marginally profitable at first.
Answer: C) A successful firm of expert consultants seeks to increase its volume of business by reducing its fees, but its volume of business drops.
Explanation:
Mr. Fringe says that the more expensive a consultant is, the more they can be blamed. This means that the kor expensive a consultant is, the more they will be sought after in order for the company to blame them.
When a successful firm of consultant reduced their prices and became cheaper, less people wanted to hire them. This therefore supports the logic of Mr. Fringe as a lower cost led to the consultants being less sought after.
A hardware store ordered 200 cans of wood stain in various shades. The written contract between the store and manufacturer provided that 100 cans of stain would be delivered on April 30, and the remaining 100 cans would be delivered on June 30. Payment would be due at the time of each delivery. The first shipment arrived on April 30. Sales of the stain were brisk, but 25 customers almost immediately returned their stain, complaining that it was not the color indicated on the can. The store owner called the manufacturer and informed it of the problem. The manufacturer truthfully told the owner that they had had a small problem with their labeling machine and a few cans in the store owner's lot must have been mislabeled before they caught the problem. The manufacturer offered to replace all 100 cans from the original order. The store owner refused the offer and told the manufacturer not to deliver the second lot, because he could no longer trust the manufacturer. The owner was very sensitive to the hardware store's good reputation, which he felt was harmed by this incident. If the manufacturer brings a claim of breach regarding the second shipment which was due on June 30, how will the court likely rule
Answer:
The answer is "Option C".
Explanation:
Its customer wasn't entitled to lose the second shipment, because the flaws on the first delivery won't significantly affect the profitability of a whole contract. This main decision an installment contract, that is to state, the contract permits or mandates deliveries in individual lots and selling goods. Under Article 2, a purchaser could only declare а total breach of a payment agreement in which the flaw substantially determines the profitability of the whole deal. The producer found & remedied the problem with the first shipment of the stain. In the first shipment, the manufacturer offered to cure the issue. Its problem in the first delivery was not even in the entire worth of the whole contract substantially damaged.
Which of the following statements concerning common stock and the investment banking process is NOT CORRECT? Group of answer choicesIf a firm sells 1,000,000 new shares of Class B stock, the transaction occurs in the primary market. Listing a large firm's stock is often considered to be beneficial to stockholders because the increases in liquidity and reputation probably outweigh the additional costs to the firm. Stockholders have the right to elect the firm's directors, who in turn select the officers who manage the business. If stockholders are dissatisfied with management's performance, an outside group may ask the stockholders to vote for it in an effort to take control of the business. This action is called a tender offer. The announcement of a large issue of new stock could cause the stock price to fall. This loss is called "market pressure," and it is treated as a flotation cost because it is a cost to stockholders that is associated with the new issue. The preemptive right gives each existing common stockholder the right to purchase his or her proportionate share of a new stock issue.
Answer: Stockholders have the right to elect the firm's directors, who in turn select the officers who manage the business. If stockholders are dissatisfied with management's performance, an outside group may ask the stockholders to vote for it in an effort to take control of the business. This action is called a tender offer.
Explanation:
Tender offer refers to a bid to buy the stock of a shareholder in a corporation. These are usually made public and the shareholders are invited to sell their shares at a given price and a particular period of time.
The statement that "Stockholders have the right to elect the firm's directors, who in turn select the officers who manage the business. If stockholders are dissatisfied with management's performance, an outside group may ask the stockholders to vote for it in an effort to take control of the business. This action is called a tender offer" is incorrect.
Even though the stockholders can vote and choose the board of directors, the information given in tender offer is wrong.
All of the following are true regarding bank statements except the bank statement will show a credit for deposits received from a company. the bank statement balance will always agree with the company recorded balance. the bank statement will show a debit if a check is paid for a company issuing the check. the bank statement is a copy of the bank's records sent to the customer for periodic review.
Answer: the bank statement balance will always agree with the company record balance
Explanation:
A bank statement refers to the list of all the transactions for a bank account due a particular period of time. The bank statement consists of charges, withdrawal, deposits, etc.
The option that isn't true about bank statement is that the bank statement balance will always agree with the company record balance.
This is incorrect as the bank statement and the company record balance msy not agree because of timing difference with regards to the recording of transactions.
Which of the following types of utility enhances value by creating more useful or desirable products out of raw materials or separate parts?
Answer:
Form.
Explanation:
Six Sigma is a quality business management strategy which helps business organizations to improve the quality of processes, products and services by discovering and eliminating defects, variations or errors. It is a strategic business concept that was developed in 1986 by Motorola.
Under the six sigma approach, any process that doesn't provide customer satisfaction or causes challenges in an organisation's process should be eliminated from the system in order to produce quality products and services.
Form is a type of utility that enhances value through the creation of more useful or desirable products from raw materials or separate parts, so as to meet the unending requirements or needs of the consumers. It refers to characteristics such as size, external dimensions, mass, visual appearance, and weight that uniquely distinguishes an assembly, component or part.
_____ are companies using an adaptive strategy that seeks to minimize risk and maximize profits by following or imitating the proven successes of companies that seek fast growth by searching for new market opportunities, encouraging risk taking, and being the first to bring innovative new products to market.
Answer:
Analyzers
Explanation:
In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
Typically, to formulate strategies that are well aligned with the mission of an organization or business firm, some of the activities that needs to be performed includes the following;
1. Knowing your core competencies.
2. Assessment of the organization's internal strengths and weaknesses.
3. Examination of the organization's external environment.
4. Analyze your competitors.
Analyzers are companies that uses an adaptive strategy that would help them to minimize (mitigate) risk while maximizing their profits by following or imitating the proven successes of prospective companies that are focused on fast growth and development; through a thorough search for new opportunities in the market, encouraging risk taking and being a pace setter such as being the first to introduce innovative new products to market.
Additionally, the opposite of the analyzers are reactors who do not adopt a consistent adaptive strategy but only react to changes in their external environment such as markets, customers, rivals, etc., after they have occured.
so far summer is boring but I got a wreck this journal book so how you guys doing
Antitrust laws have economic benefits that outweigh the costs if they a. prevent mergers that would decrease competition and lower the costs of production. b. prevent mergers that would decrease competition and raise the costs of production. c. allow mergers that would decrease competition and raise the costs of production. d. None of the above is correct because antitrust laws never have economic benefits that outweigh the costs.
Answer:
b. prevent mergers that would decrease competition and raise the costs of production
Explanation:
Antitrust laws are set up to prevent unfair advantage by a firm or group of firms in the market. The main aim is to provide a level playing field for all forms in a particular industry.
This is done by increasing competition among the firms and reducing cost of production.
Cost reduction help new firms to enter the market easily.
So antitrust laws have economic benefits when they prevent mergers that would decrease competition and raise the costs of production.
In the first year of business, Friendly Company paid $32,000 for direct materials and $42,000 for production workers' wages. Lease payments and utilities on the production facilities amounted to $25,000 while general, selling, and administrative expenses totaled $10,000. The company produced 4,000 units and sold 3,000 units at a selling price of $35.00 a unit. What is Friendly's cost of goods sold for the year?
A. $55,500
B.$81,750
C.$109,000
D.$74,250
Answer:
b
Explanation:
