Answer:
$461,820
Explanation:
Calculation to determine What amount should Weaver report on its December 31, 2016, balance sheet as an investment in held-to-maturity debt securities
First step
Amortization of discount= Purchased value of bond × interest rate of return - face value of bond × interest rate
Amortization of discount= $456,200 × 10% - $500,000 × 8%
Amortization of discount= $45,620 - $40,000
Amortization of discount= $5,620
Now the amount reported is
investment in held-to-maturity debt securities= Purchased value + discount amortization
investment in held-to-maturity debt securities= $456,200 + $5,620
investment in held-to-maturity debt securities= $461,820
Therefore What amount should Weaver report on its December 31, 2016, balance sheet as an investment in held-to-maturity debt securities is $461,820
A subject property has a swimming pool (worth $5,000) and a three-car garage (worth $4,500). Comp property A has a pool only and sold for $452,500. Comp property B has a three-car garage only and sold for $446,000. What adjusted prices should you use for these two comps in a CMA
Answer and Explanation:
The calculation of the adjusted price that could use for these two comps in a CMA is given below:
For Comp property A, the value of the garage should be
= $452,500 + $4,500
= $457,000
And, for comp property B, the value of the pool should be
= $446,000 + $5,000
= $451,000
In this way, it should be considered
From June to the end of September, Jennifer wants to save at least $1,500. Her monthly expenses are $600. Jennifer saves whatever money she has left after paying her expenses each month. Jennifer is scheduled to work 80 hours in September. Find the minimum sales she needs in September to meet her goal of saving at least $1,500.
The minimum sales required by Jennifer to meet her savings goal must be $26.25 per hour or $2100 for September.
Given that,
Savings desired = $1500
Monthly expenses = $600
Let money earned by her every hour be [tex]x[/tex]
No. of scheduled work hours [tex]=[/tex] [tex]80[/tex]
So,
Total money earned for the month [tex]=[/tex] [tex]80[/tex] × [tex]x[/tex]
[tex]= 80x[/tex]
As we know,
Money left = Total money earned - expenses
[tex]= 80x[/tex] - [tex]$600[/tex] ...(i)
A.T.Q.
Money left must be = $1500
Then, by putting the variables in equation (i), we get
[tex]80x - 600 = 1500[/tex]
Now, solving for [tex]x[/tex]
[tex]80x - 600 = 1500[/tex]
[tex]+600 = + 600[/tex]
_______________
[tex]80x = 2100[/tex]
[tex]x = 2100/80[/tex]
∵ [tex]x = 26.25[/tex]
Thus, the required sales are $ [tex]26.25[/tex] per hour or ( [tex]26.25[/tex] × [tex]80[/tex] = $2100) for the month of September.
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Entrepreneurial judgment Group of answer choices is necessary to make business decisions when no fixed decision rule can be used. is fully incorporated into modern economic models of business behavior. requires decision makers to follow carefully defined rules regarding uncertainty, discovery, and business judgment. requires government advice and regulation.
The Learner Company uses the weighted average method. Learner's beginning work in process consists of 6,600 units (100% complete with respect to materials and 60% complete with respect to conversion costs). The number of units completed during the period is 126,000. The ending work in process consists of 10,500 units (100% complete with respect to materials and 30% complete with respect to conversion costs). What are the equivalent units of production with respect to conversion costs
Answer: 129150
Explanation:
Based on the information given in the question, the equivalent units of production with respect to conversion cost will be calculated thus:
Equivalent Units = Units Completed + Units in EWIP × Fraction of conversion cost
= 126,000 + (10,500 × 0.30)
= 126,000 + 3150
= 129,150 units
Therefore, the equivalent units of production with respect to conversion costs is 129150 units
highlights four drawbacks of direct production
Answer:
Does not encourage trade as goods are produced for own use.
Citizens have limited variety of goods.
Discourages specialization as one is forced to produce everything required.
Hinders technological development due to use of simple production methods.
Explanation:
hope i helped
A monopoly exists when:
(A) A company is larger than all the other companies in the industry combined.
(B) A company produces greater quantities of an item than any other firm.
(C) A company charges higher prices than anyone else for a product.
(D) There is only one supplier of a particular good or service.
A monopoly exists when a company produces greater quantities of an item than any other firm. Hence, option B is correct.
What is monopoly?Monopoly is the single seller in the market. Monopoly enjoys the freedom of price variation, as there is no other seller for competition.
The monopoly case is viewed as the polar opposite of perfect competition in conventional economic analysis.
Thus, option B is correct.
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four factors that affect the productivity of an office worker
Answer:
not enough sleep
no breakfast
noise
distractions
Suppose Joe contracts with Marvin to frame out a shop at Joe's ranch for $10,000. During the framing Marvin discovers the costs of framing will be $2,500 more than he anticipated, and threatens to walk off the job unless Joe agrees to pay the additional $2,500. Joe agrees to the price increase. Most courts today would hold the agreement to pay the additional $2,500 to be _____ the agreement based on a(n) _______. (Choose two correct answers)
Answer:
unenforceable;
preexisting duty
Explanation:
Preexisting Duty Doctrine
This is simply regarded as when an individual is already under an obligation to do something. It simply states that the rules and guidelines under contract law that shows that if a party to a contract is under a pre-existing duty to perform, then no second thought (consideration) is taken for the modification of the contract. Modification is then voidable.
3 Types of Legal Duties
1. Public Legal Duties such ad the duty of a police officer to protect lives and properties.
2. Contractual Legal Duties such as unperformed, preexisting contractual promises etc.
3. Private Legal Duties such as the duty to follow the law.
Unenforceable Contracts
This is regarded as a contract that cannot be enforced/given consideration or effect by the court of law etc unless they are settled and corrected according to law.
Kinds of unenforceable contracts
1.) Those entered into in the name of another by one without, or acting in excess of rights or authority;
2.) Those that do not comply with the Statute of Frauds etc.
Johnson is an executive vice president at Conecom Hardware. He researches a proposal by a larger company, Openlane Hardware, to combine the two companies. By analyzing past performance, conducting focus groups, and interviewing Openlane employees, Johnson concludes that Openlane has poor profit margins, sells shoddy merchandise, and treats customers poorly. What actions should Johnson and Conecom Hardware take
Answer: Turn down the acquisition offer and prepare to resist a hostile takeover.
Explanation:
Since Johnson analysed the past performance of Openlane hardware and found out that past performance, conducting focus groups, and interviewing Openlane employees, Johnson concludes that the company has poor profit margins, sells shoddy merchandise, and treats customers poorly, then Johnson and Conecom Hardware should turn down the acquisition offer and prepare to resist a hostile takeover.
In this case, the merge between the companies will have a negative impact on Johnson and Conecom hardware due to the fact that the company has a bad reputation already and this can have an effect on Conecom. Therefore, the acquisition offer should be turned down.
Timothy periodically purchases bonds issued by Prince Waste Collection. Last year, he bought two bonds in February, two bonds in June, and one bond in August, then sold them all in October. Prince Waste Collection bonds were selling at 94.593 in February, 92.661 in June, 105.480 in August, and 102.882 in October. If each bond that Timothy bought had a par value of $1,000, how much profit did he make from buying and selling these bonds
Answer:
$344.22
Explanation:
Calculation to determine how much profit did he make from buying and selling these bonds
First step is to calculate how much Timothy invested in February, June and August
February=2 x $1,000 x 94.593%
February = $1,891.86
June= 2 x $1,000 x 92.661%
June= $1,853.22
August= $1,000 x 105.48%
August = $1,054.80
Total investment = $4,799.88
($1,891.86+$1,853.22+$1,054.80)
Seconds step
Since Timothg sold 5 bonds in the month of October at 102.882 each which means he will received:
Amount received= 5 x $1,000 x 102.882%
Amount received= $5,144.10
Now let determine his Total profit
Total profit = $5,144.10 - $4,799.88
Total profit= $344.22
Therefore how much profit did he make from buying and selling these bonds will be $344.22
It is said that in a perfectly competitive market, raising the price of a firm's product from the prevailing market price of $179.00 to $199.00, ____________________. will likely cause the firm to reach its shutdown point immediately will cause the firm to recover some of its opportunity costs could likely result in a notable loss of sales to competitors is a sure sign the firm is raising the given price in the market
Answer:
could likely result in a notable loss of sales to competitors
Explanation:
In the case of the perfect competitive market wheen the price of the firm is increased from $179 to $199 as compared to the prevailing market price so this means that there should be the loss with respect to the sales for the competitors or rivalrs as this would result the firm to lose its overall shares to its rivalry
Therefore the above statement should be considered true
Which of the following items is an example of an overhead expense?: (A)Rent on a factory. (B)Electricity, most of which is used to power a plant's machinery. (C)Raw materials used in manufacturing. (D)Shipping costs on goods sold. (Hint: Remember that overhead expenses are fixed costs, which must be paid regardless of the amount of business done.)
1. Give two examples of how life Insurance premiums would be determined based on ageand gender. Explain which type of life Insurance you would
recommend for each situation.
Answer:
Life insurance is designed to pay out a death benefit to the person or persons you name as beneficiaries when you pass away. In exchange for this coverage, you pay a premium to the life insurance company. In the case of term life insurance, you'd pay these premiums for a set term prescribed by the policy. With permanent life insurance coverage, premiums are due as long as the policy remains in effect
How is chinese food made soo gosh darn good?
Answer:
Worm noodles
Explanation:
Answer:
I wish I knew. salt i guess
Explanation:
a. In 2018, manufacturing workers in the United States earned average compensation of $21.86 per hour. That same year, manufacturing workers in Mexico earned average compensation of $3.20 per hour. U.S. manufacturers can possibly compete if multiple choice 1 the product in the United States is specialized. technology is cheaper in the United States. U.S. workers are more productive. some production is done in low-wage countries. b. All manufacturing is not done in Mexico and other low-wage countries because multiple choice 2 there is not enough foreign labor. of trade barriers. shipping costs are too high. consumers want domestically produced products.
Answer:
a. The correct option is that U.S. manufacturers can possibly compete if U.S. workers are more productive.
b. The correct option is that all manufacturing is not done in Mexico and other low-wage countries because of trade barriers.
Explanation:
a. U.S. manufacturers can possibly compete if
A worker or labor is said to be more productive if it produces or able to produce larger amounts of goods than the other workers or labors.
If the U.S. workers are more productive than the workers in Mexico, the labor cost per unit of goods produced in the US will be lower than the labor cost per unit of goods in Mexico.
Therefore, the correct option is that U.S. manufacturers can possibly compete if U.S. workers are more productive.
b. All manufacturing is not done in Mexico and other low-wage countries because
Trade barriers are restrictions on international trade imposed by the government.
When a country imposes trade barriers, some goods will not be imported into that country even if they are cheaper in terms of average compensation per hour for manufacturing workers than the locally produced goods. As a result, some of the goods have to be manufactured in the country where average compensation per hour for manufacturing workers is the highest.
Therefore, the correct option is that all manufacturing is not done in Mexico and other low-wage countries because of trade barriers.
Which of the following is not a form of business combination?: (A) Acquisition. (B) S Corporation. (C) Conglomerate. (D) Merger.
Answer:
b.corporation is answerA security guard, dressed in plain clothes, was working for a discount store when a customer got into a heated argument with a cashier over the store's refund policy. Without identifying himself as a security guard, the security guard suddenly grabbed the customer's arm. The customer attempted to push the security guard away, and the security guard knocked the customer to the floor, causing injuries. The customer sued the discount store for battery on a theory of vicarious liability for the injuries caused by the security guard. The store filed an answer to the customer's complaint, asserting the affirmative defense of contributory negligence. The customer has moved to strike the affirmative defense. Traditional rules of contributory negligence apply. Should the trial court grant the customer's motion
Answer: C. Yes, because contributory negligence is not a defense to battery.
Explanation:
Contributory negligence means that the party suing should take some responsibility for the injuries that they got in relation to an accident because didn't take enough care to ensure that they would not be involved in the accident. For instance, seeing a "wet floor" sign and falling whilst walking across.
Contributory negligence cannot be used as a defense against battery however because it is not accepted that a person should take blame for another person becoming physical with them. The Court would grant the customer's motion in this instance.
Angie needs a new dishwasher. She saw a great sale on the model she wanted and went down to her local appliance store. When she got there, the store owner said that they no longer had that dishwasher, but they would be happy to sell her a different model at a higher price. Why might the Federal Trade Commission be willing to look into this?
A.
It is false advertising.
B.
It is creating an invalid debt.
C.
It is preventing fair competition.
D.
It is an improper debt collection.
Answer:
A. It is false advertising.
Explanation:
Advertisement refers to the promotional multimedia messages designed and developed to make the products or services of a company known to its customers and potential customers.
The Federal Trade Commission (FTC) is an agency of the government of the United States of America saddled with the responsibility of promoting consumer protection and the enforcement of all civil antitrust laws.
Basically, the laws formulated or established by the FTC are to provide protection for consumers of various goods and services while requiring that businesses do not make false claims about them.
Furthermore, the consumer protection laws enforceable by the Federal Trade Commission (FTC) guarantees truthful information in the marketplace at all times. This is achieved by requiring that business firms only make claims about their products and services that can be proven.
In this scenario, the Federal Trade Commission might be willing to look into this issue (advert of the dishwasher model) because it is false advertising.
what will happen to trade if business is flourishing?
Answer:
if the business is florishing, as an example Medical sectors during pandemic they are going to grow till they are in a high demand
What is the business reason for China Noah’s potential currency exposure? Does the company really need to subject itself to substantial exchange rate risk? Is the risk "material" to China Noah? Do you think China Noah should hedge?
srry I dontcknwo
Explanation:
pls make as brriallent
HELP!!! Economists note that personal income rose by 5 percent last year. What impact will the change in personal income have on demand?
A It will cause the demand curve to shift up
B It will cause the demand curve to shift left
C It will cause the demand curve to shift down
D It will cause the demand curve to shift right
Answer:
D It will cause the demand curve to shift right
Explanation:
Given
Increase in personal income
Required
The changes on the demand curve
On the demand curve, quantity is represented by the x-axis, while the y-axis represents price.
When personal income increases, the quantity of items purchased will increase.
This means that there will be a shift to the left on the demand curve.
Hence, (d) is correct
A company issued 6,000 shares of stock at $10 each, with a par value of $2.
What amount is debited as Cash?
A. $6,000
B. $66,000
C. $30,000
D. $72,000
Answer:
A. 6,000
Explanation:
trust
Oficina Bonita Company manufactures office furniture. An unfinished desk is produced for $37.65 and sold for $65.35. A finished desk can be sold for $74.50. The additional processing cost to complete the finished desk is $6.60. Prepare a differential analysis. Round your answers to two decimal places.
Answer:
Alternative 1 $27.7
Alternative 2 $30.25
Differential effects $2.55
Explanation:
Preparation of a differential analysis
DIFFERENTIAL ANALYSIS
Sell unfinished desks(Alternative 1 ) Process further into finished desks (Alternative 2) Differential effect (Alternative 2)
Revenue per desk $65.35 $74.50 $9.15
($74.50-$65.35=$9.15)
Cost per desk - $37.65 -$44.25 -$6.60
($37.65+$6.60=$44.25)
Profit /Loss per desk $27.7 $30.25 $2.55
($65.35 - $37.65=$27.7)
($74.50-$44.25=$30.25)
($9.15-$6.60=$2.55)
Therefore the company should process further and sell finished desks because it yields incremental Profit per desk.
both dual enrollment and AP courses offer the following possibilities except that
A clearinghouse scam involves a victim receiving: a. a letter that claims he or she has inherited a significant amount of money. b. mail from a known party who claims to have access to large sums of money or assets. c. a letter that falsely claims the writer represents a foreign bank. d. an email containing their Social Security number and/or credit information.
Answer:
c. a letter that falsely claims the writer represents a foreign bank.
Explanation:
A clearing house is a financial institution that should be created for exchanging the payments, securities, or transactions related to derivates. It stands between the two clearing firms. Its motive is to decrease the member risk that failed to honor the trade settlement liabilities
So the clearing house scam includes the victim that collect the letter in which there is false claims where the writer shows the foreign bank
A furniture producer has decided to buy its upholstery cloth from new suppliers. The president has given the purchasing manager responsibility to make the final selections and negotiate the terms. The purchasing manager looks through books with samples and specifications and then calls salespeople to make presentations to the production manager, who is concerned about how easy the cloth will be to cut and sew. In this case, the purchasing manager is a(n
Answer: All of the above
Explanation:
The options to the question include:
A. influencer.
B. a buyer.
C. a decider.
D. a gatekeeper.
E. all of the above
Based on the information given in the question, the purchasing manager is a buyer, influencer, gatekeeper, and decider.
The gatekeeper is a person who blocks the way between an individual and the decision maker in an organisation. This can be seen as he looks through books with samples and specifications and then calls salespeople to make presentations to the production manager.
The purchasing manager is also the decider as he makes the decision in the buying process for the organization. He's also the buyer and the influencer. Therefore, the correct option is All of the above.
The net income reported on the income statement for the current year was $240,000. Depreciation was $50,000. Accounts receivable decreased by $10,000 and inventories decreased by $30,000. Prepaid expenses increased by $1,000 and accounts payable increased by $8,000. How much cash was provided by operating activities? Select one: a. $337,000. b. $329,000. c. $301,000. d. $321,000.
Answer:
a. $337,000
Explanation:
Calculation to determine How much cash was provided by operating activities
Using this formula
Cash provided by Operating activities=Net income+Depreciation+Account receivable+Inventories decreased -Prepaid expenses+Accounts payable increased
Let plug in the formula
Cash provided by Operating activities=$240,000 + $50,000 + $10,000 + $30,000 - $1,000 + $8,000
Cash provided by Operating activities=$337,000
Therefore the cash provided by operating activities was $337,000
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Lifelong Learning: Mastery Test
4
Select the correct answer.
Why do many organizations encourage their employees to be lifelong learners?
O A employees will be more able to handle increasing responsibilities
OB. employees will be more likely to follow company policies
OC employees will be more likely to remain loyal to the company
OD. employees will be more likely to interact well with each other
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Answer: A. employees will be more able to handle increasing responsibilities.
Explanation:
Lifelong learning refers to the ongoing pursuit of knowledge for personal or professional reasons. When a person is a lifelong learner, such person has a growth mindset and pushes himself or herself to find new ideas to solve challenges.
Several organizations encourage their employees to be lifelong learners in order for such employees to be able to handle increasing responsibilities. Some organizations send their employees to study some courses which will help in their growth and development and also to be able to handle certain responsibilities.
During the current fiscal year, the Gateway City government recorded a $15,000 transfer from the General Fund to an internal service fund, a $25,000 transfer from the General Fund to an enterprise fund, a $10,000 transfer from an enterprise fund to an internal service fund, and a $5,000 transfer from an enterprise fund to the General Fund. In the Business-type Activities column of the government-wide financial statements, Gateway City should report: Multiple Choice
Answer:
$10,000
Explanation:
Calculation to determine what Gateway City should report in the government-wide financial statements
Using this formula
Net Transfer=+Transfer from the General Fund to an enterprise fund-Transfer from an enterprise fund to an internal service fund-Transfer from an enterprise fund to the General Fund
Let plug in the formula
Net Transfer =+$25,000-$10,000-$5,000
Net Transfer=$10,000
Therefore In the Business-type Activities column of the government-wide financial statements, Gateway City should report:Net Transfer in of $10,000
ABC Enterprises is worth $300,000. There are 3 shareholders and each shareholder is an equal owner of the company. If they establish an entity buy-sell agreement, the entity would have to buy policies in the amount of $____________ on each of the owners.
Answer:
$100,000 per each owner
Explanation:
Divided by 3. Seems fair
