Splish Brothers Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, the ledger of Splish Brothers showed Cash of $8,000 and Common Stock of $8,800.
May 1 Purchased merchandise on account from Black Wholesale Supply for $7,300, terms 1/10, n/30.
2 Sold merchandise on account $4,800, terms 2/10, n/30. The cost of the merchandise sold was $3,600.
5 Received credit from Black Wholesale Supply for merchandise returned $200.
9 Received collections in full, less discounts, from customers billed on May 2.
10 Paid Black Wholesale Supply in full, less discount.
11 Purchased supplies for cash $800.
12 Purchased merchandise for cash $3,100.
15 Received $210 refund for return of poor quality merchandise from supplier on cash purchase.
17 Purchased merchandise on account from Wilhelm Distributors for $2,400, terms 2/10, n/30, FOB shipping point.
19 Paid freight on May 17 purchase $250.
24 Sold merchandise for cash $5,500. The merchandise sold had a cost of $3,900.
25 Purchased merchandise on account from Clasps, Inc. for $800, terms 3/10, n/30.
27 Paid Wilhelm Distributors in full, less discount.
29 Made refunds to cash customers for returned merchandise $124. The returned merchandise cost $8.
31 Sold merchandise on account for $1,360 terms n/30. The cost of the merchandise sold was $840.
Splish Brothers Hardware’s chart of accounts includes the following: No. 101 Cash, No. 112 Accounts Receivable, No. 120 Inventory, No. 126 Supplies, No. 201 Accounts Payable, No. 311 Common Stock, No. 401 Sales Revenue, No. 412 Sales Returns and Allowances, No. 414 Sales Discounts, and No. 505 Cost of Goods Sold.
A.Journalize the transactions using a perpetual inventory system.
B. Post the transactions to T-accounts. Be sure to enter the beginning cash and common stock balances
C. Prepare an income statement, through Gross Profit for the month of May 2015
D. Calculate the Profit Margina and Gross Profit Rate assuming operating expenses were $1,400.

Answers

Answer 1

In your company's records, a journal entry serves as a record of a commercial transaction. Every transaction requires at least two journal entries in double-entry accounting.

A. Journal Entries:

May 1: Merchandise Inventory 7,300

Accounts Payable 7,300

May 2: Accounts Receivable 4,800

Sales Revenue 4,800

Cost of Goods Sold 3,600

Merchandise Inventory 3,600

May 5: Accounts Payable 200

Merchandise Inventory 200

May 9: Cash 4,681.60

Sales Discounts 118.40

Accounts Receivable 4,800

May 10: Accounts Payable 7,182

Cash 7,045.16

Merchandise Inventory 136.84

May 11: Supplies Expense 800

Cash 800

May 12: Merchandise Inventory 3,100

Cash 3,100

May 15: Cash 210

Merchandise Inventory 210

May 17: Merchandise Inventory 2,400

Accounts Payable 2,400

May 19: Freight-In Expense 250

Cash 250

May 24: Cash 5,500

Sales Revenue 5,500

Cost of Goods Sold 3,900

Merchandise Inventory 3,900

May 25: Merchandise Inventory 800

Accounts Payable 800

May 27: Accounts Payable 2,352

Cash 2,296.96

Merchandise Inventory 55.04

May 29: Sales Returns and Allowances 124

Cash 124

Merchandise Inventory 8

May 31: Accounts Receivable 1,360

Sales Revenue 1,360

Cost of Goods Sold 840

Merchandise Inventory 840

B. T-Accounts:

No. 101 Cash

Debit Credit

Beginning Balance 8,000

May 9                         4,681.60

May 10                  7,045.16

May 11                          800

May 12                           3,100

May 15                            210

May 19                           250

May 24                           5,500

May 27                         2,296.96

May 29                           124

Total 24,312.56 7,045.16

No. 112 Accounts Receivable

C. Debit Credit

May 2 4,800

May 9      4,800

May 31 1,360

Total 6,160 4,800

No. 120 Inventory

D. Gross Profit Rate assuming operating expenses were $1,400: Debit Credit

Beginning Balance  0

May 2                  3,600

May 5          200

May 10                  136.84

May 12                   3

Gross margin:    136.84

Learn more about Journal Entries Visit: brainly.com/question/14279491

#SPJ4


Related Questions

roger assaulted jim in a tavern, causing medical expenses and lost wages. which of the following is true?

Answers

It is not acceptable for anyone to assault another person, and Roger should be held responsible for his actions.

What is assault?

Assault is a criminal offense that involves intentionally or recklessly causing someone to fear that they will be physically harmed. It can also involve actual physical harm, but the threat or fear of harm is enough to constitute assault. The act can be committed through various means, including physical violence, verbal threats, or gestures that make the victim feel threatened. Assault can result in both criminal and civil liability, and the severity of the offense can vary depending on the circumstances, such as the degree of harm caused, the level of intent, and the relationship between the victim and the perpetrator. Penalties for assault can range from fines to imprisonment, depending on the jurisdiction and the severity of the offense.

To learn more about liability, visit:

https://brainly.com/question/28900553

#SPJ1

Which of the following factors is least significant in determining whether an item of personal property has legally become a fixture?
A. The intent of the party who installed the item to the real property
B. The adaptability of the item to the real estate
C. Whether there is attachment
D. The cost of the item

Answers

The least significant factor in determining whether an item of personal property has legally become a fixture is D) the cost of the item.

D) The cost of the item does not determine whether an item of personal property has legally become a fixture, though it can be a factor taken into account when determining intent. The more important factors in determining whether an item of personal property has legally become a fixture are the intent of the party who installed the item to the real property, the adaptability of the item to the real estate, and whether there is attachment.

The intent of the party who installed the item to the real property is often the most important factor in determining whether an item has become a fixture. The court looks to see if the item was installed with the intent of it becoming part of the real property, as opposed to it simply being temporarily on the property.

The adaptability of the item to the real estate is also an important factor. If an item can be used in such a way as to benefit the real property or the owner of the property, it is likely to be considered a fixture.

Finally, the attachment of the item is a factor in determining whether an item has become a fixture. The attachment can be physical or symbolic, such as in the case of an item that has been attached to the property with nails or screws, or an item that has been integrated with the existing structure, such as built-in shelving.

In conclusion, the least significant factor in determining whether an item of personal property has legally become a fixture is the cost of the item. The more important factors in determining whether an item of personal property has legally become a fixture are the intent of the party who installed the item to the real property, the adaptability of the item to the real estate, and whether there is attachment.

For more questions on "Personal Property" :

https://brainly.com/question/15575578

#SPJ11

What's complementarity theory of dichotomy?​

Answers

The complementarity theory of dichotomy is the notion that men and women have complementary roles in society based on their inherent differences.

What is the Complementarity theory of dichotomy?

Complementarity theory of dichotomy is the idea that men and women have different but complementary roles in society, with men being more suited to certain tasks and women to others.

This theory suggests that men and women are inherently different, and that their differences should be recognized and valued rather than seen as a source of inequality. Proponents of this theory argue that it promotes gender harmony and stability, but critics argue that it reinforces gender stereotypes and can lead to discrimination against women who seek to break out of traditional gender roles.

Learn more about complementarity theory of dichotomy on:

https://brainly.com/question/29388119

#SPJ1

Nolan seeks to protect himself from the debts his business is going to incur. Which of the following entities would be the best entity choice for Nolan?
Corporation

Answers

The best entity choice for Nolan to protect himself from the debts his business is going to incur would be a Limited Liability Company (LLC).

An LLC offers its owners the benefits of both a corporation and a partnership. LLCs provide the limited liability protection of a corporation, meaning that owners of the LLC are not personally liable for debts of the business. This is different from a partnership, where all partners can be held liable for debts of the business. Additionally, LLCs provide the flexibility and tax advantages of a partnership. LLCs do not have to pay taxes on their earnings and income passes through to their owners and is only taxed once at the individual level. Additionally, LLCs have fewer formalities than corporations, such as fewer restrictions on ownership and fewer required filings.

In conclusion, a Limited Liability Company is the best entity choice for Nolan to protect himself from the debts his business is going to incur, as it provides the limited liability protection of a corporation and the flexibility and tax advantages of a partnership.

Know more about LLC  here:

https://brainly.com/question/14466609

#SPJ11

According to material in this textbook, what is the number one reason a business chooses to use social media? Increase exposure for a business.

Answers

The number one reason a business chooses to use social media is to increase their exposure and reach a wider audience.

By utilizing social media platforms, businesses can post content that can be seen by more people, create a presence in the digital space, and expand their customer base. Additionally, social media allows businesses to better engage with potential customers, build relationships, and monitor customer feedback. Social media also offers a cost-effective form of advertising, which can be used to promote products, services, and content. Furthermore, businesses can utilize social media to increase their visibility and reputation, reach more potential customers, and keep current customers informed about company updates. Ultimately, using social media is an effective way for businesses to expand their reach and promote their products and services.

for more such questions on social media.

https://brainly.com/question/28539858

#SPJ11

You are fortunate to have an experienced team that has worked together for more than a year and is familiar with the project work. What action can you take to provide the most help to this team?

Answers

Answer:

happy birthday to the world and I have a great day to be a great day to be a great day to be a part in a different kind and loving you want a great time with you and your friends and I

A monopolist faces some consumers (called group-H consumers) with an inverse demand function for each consumer given by p = 80 − q. The firm’s total cost function is given by: C(q) = 20q (so that MC = 20 for all q).
First suppose that the firm only uses linear pricing (i.e., charges only a unit price p).
1. Find the price maximizing the firm’s profits.
2. What are the corresponding profit and surplus per consumer?
Now suppose that the firm can use a two-part tariff (pH, FH), with pH the unit price and FH the fixed part.
3. First suppose the firm sets its unit price pH equal to the profit-maximizing linear price found in part (1) above. What fixed fee FH will the firm set at this price, and why?
4. Bearing in mind the opportunity to set a fixed fee FH, what unit price pH will the firm set? What fixed fee FH will it charge in view of this unit price?
5. Compute the firm’s profit per consumer and compare with the one found in the linear pricing case. Comment.

Answers

The monopolist will set a unit price pH of 80 and a fixed fee FH of 0 in order to maximize its profit from each consumer.

This is because the unit price must be equal to the inverse demand function for each consumer, p = 80 - q. Setting the unit price to 80 and the fixed fee to 0 allows the monopolist to make a profit of q x (80 - 20) = 60q per consumer.

Comparing the profit made per consumer under the two-part tariff with the linear pricing case, we can see that the monopolist's profit has increased from 40q to 60q per consumer. This is because the two-part tariff has allowed the monopolist to capture more of the consumer surplus due to the ability to set a fixed fee in addition to the unit price.

This shows that the two-part tariff can be a more profitable pricing strategy for monopolists. It allows the monopolist to set both a unit price and a fixed fee, allowing them to capture more of the consumer surplus and thus generate more profit.

for more such questions on consumer.

https://brainly.com/question/3227054

#SPJ11

1. Avril deposited $800 in his bank at 1.5% for five years.

Use the simple interest formula to calculate the amount of interest Avril will earn.
Calculate the future value of her deposit.
2. Phyllis borrowed $1,000 at 2% APR for six months. Use the simple interest formula to calculate the total amount of interest Phyllis will pay if she pays $200 two months into the loan and the rest at six months.

3. James deposited $500 in his bank at 4.5% for 90 days.

Use the simple interest formula to calculate the amount of interest James will earn using exact interest.
Calculate the future value of the deposit.
4. On May 4 Ariel signed a simple discount note for $3,500 at 3 1/2% for 60 days.

Use the simple interest formula to calculate the amount of interest Ariel will pay using ordinary interest.
Calculate the proceeds she will receive on May 4.
Calculate the amount she will pay at maturity
Determine the date it will be due.
5. What is the APY (effective rate) for 16% APR compounded quarterly? Round to hundredths.

6. Louisa invested $4,500 at 4% interest compounded semiannually for two years. Calculate the future value of Louisa's investment using Exhibit 11-1 or the formula FV = P(1 + R)n.

7. Cleve wants to know how much he would need to deposit now in order to have $8,000 in five years at a rate of 6% compounding quarterly. Use Exhibit 11-2 or the formula P = FV/(1 + R)n.

8. I want to borrow $900 for 20 days from a payday loan store. The payday loan finance charge is $12 per $100 borrowed up to $400, and $10 per 100 on the amount over $400. What is the dollar amount of interest I am paying? What is the APR of this loan?

9. Using Exhibit 12-1 or the formula, calculate the future value of an ordinary annuity with a quarterly payment of $1,000 made at the end of each quarter for four years compounding quarterly at 8%.

10. Using Exhibit 12-1 or the formula, calculate the future value of an annuity due with a monthly payment of $50 made at the beginning of each month for 2.5 years compounding monthly at 6%.

Answers

Answer:

800×1.5×5 divided by 100

Explanation:

so 100can divide 800we cancel them remaining 8×1.5×5=60

Which of the following approaches to process improvement could be described as competitive benchmarking? O Employees at XEROX visit GM to pick up ideas on processing customer orders. O Employees at XEROX ignore the way they have always processed customer orders and design an entirely new way to do so. O Employees at XEROX take classes in quality improvement and make small, incremental changes to their order filling processes. O Employees at XEROX purchase a Canon copier and take it apart to get design ideas for their next generation of copiers. Electra wants to purchase a laptop for use in her MBA program so she can work on assignments and surf the web while the professor drones on endlessly. After consulting with her colleagues, she chooses the dimensions of cost, weight, processor speed, and touchscreen capability as critical to her long term success and amusement. She evaluates four different laptops and rates their performance on each criterion on a scale from 1 (poor) to 5 (excellent). Which laptop should Electra purchase? Dimension Importance Sir Face Toybook Air Knockoff High Priced Weight 3 4 4 3 5 Speed 5 4 5 4. 5 Cost 1 2 2 5 1 Touchscreen 3 5 2 3 3 O Knockoff Sir Face O High Priced Toybook Air

Answers

The approach to process improvement that could be described as competitive benchmarking is when Employees at XEROX visit GM to pick up ideas on processing customer orders.

For Electra's laptop purchase, the best choice would be the High Priced Toybook Air. Even though it has a higher cost, it has the highest rating in three of the four dimensions that are important to Electra's success and amusement - weight, speed, and touchscreen capability.

The High Priced Toybook Air is the best option for Electra's laptop buy. Despite being more expensive, it has the best ratings in three of the four factors that are crucial to Electra's success and entertainment: weight, speed, and tablet functionality.

For more such questions on ideas

https://brainly.com/question/540693

#SPJ11

true/false. of the sales plan can be done either with quantitative methods like a sales quota, or behavioral methods like customer satisfaction measures.

Answers

The statement "Sales plan can be done either with quantitative methods like a sales quota, or behavioral methods like customer satisfaction measures" is True because the methods that are used to measure the success of a sales plan, and they are the quantitative method and the behavioral method.

The sales plan is the roadmap for a company's sales efforts, and it specifies the targets, strategies, and tactics that the sales team will use to achieve them. A sales plan will also contain measurements to assess progress and analyze outcomes. The sales plan is an important document for any business because it lays out how sales will be managed and what targets will be set. There are two types of methods that are used to measure the success of a sales plan, and they are the quantitative method and the behavioral method.

The quantitative method focuses on numbers, such as sales quotas, revenue targets, and profit margins, while the behavioral method focuses on the customer experience, such as customer satisfaction ratings, customer retention, and repeat sales. Sales quotas, revenue targets, and profit margins are some of the most common quantitative methods for measuring the success of a sales plan, while customer satisfaction ratings, customer retention, and repeat sales are some of the most common behavioral methods for measuring the success of a sales plan.

Know more about Customer satisfaction measures here:

https://brainly.com/question/28995109

#SPJ11

The three clusters we considered in this unit covered so many different pathways! Can you make sense of it all? Create a chart that shows each career cluster and its pathways. For every pathway, list an example of a job found under it. Then list a possible company or area in which the person who has that job would work.

Pls help me!!!

Answers

This unit's government and public management clusters covered a wide range of routes.

What are the three groups ?

Those in the government and public administration profession cluster are responsible for planning, supervising, and providing associated general purpose government services at the federal, state, and municipal levels.

This cluster contains seven distinct career paths:

Governance Governmental Security Service abroad People who work in the career field of the Foreign Service help to keep good ties between the United States and other countries. Immigrants who want to live or work in the United States are also helped by them. Most of these people work in diplomatic missions, consulates, and embassies in Washington, D.C.

Some examples of jobs are:

Ambassadorial Officer ,Officer Consular and Foreign Service .

To learn more about administration visit :

https://brainly.com/question/25830186

#SPJ1

Graph and label the three distinct portions of the long-run average total cost
(LRATC) curve, and give an explanation for these various areas. How are
LRATCs "constructed" from short-run average total cost (SRATC) curves?

Answers

The long-run average total cost (LRATC) curve can be divided into three distinct portions.

Describe each portion of (LRATC).

The Economies of Scale Region: This is the leftmost portion of the curve, where the LRATC decreases as output increases. This occurs because the firm is able to take advantage of economies of scale, such as increased specialization, greater use of capital, and more efficient use of resources. As output increases, the average cost per unit decreases, leading to lower LRATC.

The Constant Returns to Scale Region: This is the middle portion of the curve, where the LRATC remains constant as output increases. This occurs when the firm is producing at an optimal scale, where the benefits of economies of scale have been exhausted, and the LRATC has reached its minimum level.

The Diseconomies of Scale Region: This is the rightmost portion of the curve, where the LRATC increases as output increases. This occurs because the firm is experiencing diseconomies of scale, such as increased coordination costs, communication difficulties, and reduced worker motivation. As output increases beyond a certain level, the average cost per unit increases, leading to higher LRATC.

LRATCs are constructed from short-run average total cost (SRATC) curves by analyzing the different production scales in the short run and determining the optimal scale for each level of output. The optimal scale is then plotted on the LRATC curve as the point where the SRATC curves intersect. As output increases, the optimal scale may change, and the corresponding SRATC curves will shift, leading to changes in the LRATC curve. The LRATC curve is a long-run concept, meaning that all inputs are variable, and firms have the flexibility to adjust their production scale to optimize their costs.

To know more about LRATC visit:

https://brainly.com/question/29582382

#SPJ1

A client has a stock that is currently valued at $40 per share. The quarterly dividend of this stock is $0.10 per share. What is the current yield of this stock?

Answers

The current yield of this stock is 2.5%. This is calculated by dividing the quarterly dividend of $0.10 per share by the current value of $40 per share, resulting in 0.025 (2.5%).

In terms of stock valuation, the yield is an important metric that helps investors assess the potential return from their investment. This yield reflects the amount of return that investors receive from their investment relative to the current market price. For example, if a stock is valued at $40 per share and the dividend is $0.10 per share, the yield will be 2.5%. The higher the yield, the more attractive the stock is for investors.
Investors should also consider other factors, such as the company’s future prospects, financial strength, and the overall economic outlook. In addition, they should also be aware of any risks associated with the stock, such as the possibility of a dividend cut or other changes in the stock’s value.

for more such question on investors

https://brainly.com/question/30130634

#SPJ11

A client has a stock that is currently valued at $40 per share. The quarterly dividend of this stock is $0.10 per share. The current yield of the stock will be 1%.

For solving the question, we will first Identify the stock price and the dividend per share.

In this case, the stock price is $40 per share and the quarterly dividend is $0.10 per share.

Now we will calculate the annual dividend by multiplying the quarterly dividend by 4 (since there are 4 quarters in a year).
Annual Dividend = Quarterly Dividend × 4
Annual Dividend = $0.10 × 4
Annual Dividend = $0.40

Now calculating the current yield by dividing the annual dividend by the stock price and then multiplying the result by 100 to get the percentage.
Current Yield = (Annual Dividend / Stock Price) × 100
Current Yield = ($0.40 / $40) × 100
Current Yield = 0.01 × 100
Current Yield = 1%

For more questions on current yield

https://brainly.com/question/29435748

#SPJ11

TRUE/FALSE. linear programming assumes that the profit from each activity is proportional to the level of that activity.

Answers

Linear programming assumes that the profit from each activity is proportional to the level of that activity is FALSE.

Linear programming is an optimization method utilized to locate the maximum or minimum value of a linear function. The optimum objective value of a linear programming problem is obtained at the point where the objective function intersects the feasible area.The objective function is a linear function of the decision variables, and the constraints are linear inequalities. Linear programming does not make any assumptions about the proportionality of profit to activity levels. The objective function only specifies the value to be optimized, while the constraints place limits on the decision variables.

The aim of a linear programming model is to find the best possible value of an objective function while adhering to constraints that limit the feasible region. Linear programming models have a number of applications in the fields of business, economics, and engineering, among others.Linear programming is a mathematical optimization technique used to optimize a linear objective function, subject to a series of linear equality and inequality constraints.

It has a wide range of applications in many areas, including resource allocation, scheduling, and transportation, among others. The optimization objective could be to minimize costs, maximize profits, or accomplish a combination of both.

For more such questions on Linear programming

https://brainly.com/question/13154906

#SPJ11

Which of the following statements is true?
The largest investors in corporate bonds are institutional investors such as life insurance companies and pension funds.
The market for corporate bonds is thin compared to the market for corporate stocks.
Prices in the corporate bond market tend to be more volatile than prices of securities sold in markets with greater trading volumes.
All of the above are true.

Answers

Regarding the query, each of the aforementioned statements is accurate.

What exactly are corporate bonds?

Debt instruments known as corporate bonds are issued by both commercial and public corporations. Businesses sell corporate bonds to generate funds for a range of projects, including the construction of new facilities, the acquisition of equipment, and business expansion. A corporation bond is an obligation that a corporation issues to obtain money for a number of purposes, such as continued operations, mergers and acquisitions, or business expansion. The phrase is typically used to describe longer-term debt instruments with a minimum one-year maturity.

To know more about corporate bonds visit:

https://brainly.com/question/14531325

#SPJ1

fill in the blank. ____ is recommended for promotion when a high degree of service or support, known as ancillary services, is required after the sale of the product.

Answers

Customer service is recommended for promotion when a high degree of service or support, known as ancillary services, is required after the sale of the product.

Providing good customer service is an important part of ensuring customer satisfaction and helps to promote a positive image of the business.

By taking extra steps to ensure a positive customer experience after the sale, businesses can encourage future sales. The word "solution" is recommended for promotion when a high degree of service or support, known as ancillary services, is required after the sale of the product. The solution is an ideal word to use in situations where customers expect more than just the sale of a product. Customers desire personalized assistance with every aspect of their purchase, including maintenance, support, and warranties

Ancillary services refer to all of the services offered to customers following the sale of the product or service. This is especially true in situations where goods or services require ongoing support, technical assistance, or maintenance. Customers expect ancillary services to provide assistance with problem resolution, help with installation, and training when necessary.

Here are some examples of ancillary services: Warranties Technical support after sales Repairs and maintenance Assistance with the installation of new products Personalized training programs for staff Software updates and technical assistance for software products, etc.

For more such questions on sale

https://brainly.com/question/24951536

#SPJ11

A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: a. quitclaim deed b. bill of sale

Answers

The document used to transfer title to personal property, such as furniture, is called a bill of sale. Here option B is the correct answer.

This is a legal document that serves as proof of ownership and transfer of personal property from the seller to the buyer. In this scenario, the buyer of the rental home is purchasing not only the property itself but also the furnishings inside it.

Therefore, the seller must provide a bill of sale to the buyer for the furniture. This document should contain a description of the furniture being transferred, the price paid for the furniture, and any relevant warranties or guarantees.

The bill of sale should be signed by both parties to indicate their agreement to the terms of the sale. Once the bill of sale is executed, the buyer becomes the legal owner of the furniture, and the seller no longer has any claim to it.

To learn more about bill of sale

https://brainly.com/question/28621717

#SPJ4

in a perpetual inventory system, when inventory is purchased, the account is debited, whereas in a periodic system, the account is debited.

Answers

When inventory is purchased in a perpetual inventory system, the inventory account is debited; under a periodic system, the purchases account is debited.

When products are purchased, the periodic system debits the inventory account.

False is the proper response. The merchandise inventory account is used by the perpetual inventory system at the moment of purchase, and it is credited after a sale. When there are purchases of goods, the periodic inventory system uses the purchases account.

What distinguishes the periodic inventory system from the perpetual inventory system?

Important Learnings. To determine inventory levels and selling prices, the periodic inventory system performs a periodic physical count. Inventory balances are continuously monitored by the perpetual system.

To know more about purchases account visit:-

https://brainly.com/question/14438810

#SPJ1

T/F One positive outcome of conflict managed by compromise is that both parties leave feeling fully satisfied.

Answers

It is False that one positive outcome of conflict managed by compromise is that both parties leave feeling fully satisfied.

A person who often adopts a compromise conflict style encourages all parties to concede on at least some points in order to balance the requirements of both or all sides in a disagreement. Compared to other methods of conflict resolution, this one can take longer and involve more "people skills." Nonetheless, it is frequently thought to be less harmful in a professional setting than avoidance, accommodation, or aggressive competition.

A good listener is typically a compromiser. They truly desire to learn about different viewpoints in order to best negotiate a solution that at least partially satisfies everyone's requirements. When an acceptable compromise is on the table, parties to a quarrel frequently feel that, even if they do not accept it, they have at least been heard and taken seriously.

Learn more about the Competition here: brainly.com/question/28189773

#SPJ4

susanne is interested in saving time when she is making programmed decisions at work. which of the following she should focus on?

Answers

Susanne should focus on automating routine tasks to save time when making programmed decisions at work. Programmed decisions refer to those decisions that are repetitive in nature, routine, and are taken by following a set of predetermined rules and procedures.

In contrast to non-programmed decisions, programmed decisions can be made easily, quickly and are straightforward. Therefore, Susanne can save time when making programmed decisions by automating routine tasks. This would help her concentrate on decision-making rather than the routine tasks that can be done by machines or automated systems. Automated tasks can be performed in a fraction of the time it would take a human to do the same task manually. Automating routine tasks also reduces errors and increases the accuracy of the work being done.

Thus, Susanne should focus on automating routine tasks to save time when making programmed decisions at work.

For more such questions on programmed decisions

https://brainly.com/question/29572774

#SPJ11

Which is NOT a component of the free enterprise system?
private property
the right to choose
competition
the pursuit of profit
freedom from all government involvement

Answers

The Answer NOT a component of the free enterprise system the right to choose.

What elements make up the free-market system?

The majority of free enterprise systems are made up of four elements: governments, markets, firms, and households. Households, not the government, own the majority of the nation's economic resources and make decisions about how to employ them in a free enterprise system. Economic resources are gathered by businesses to produce a good or service.

What five characteristics define free enterprise?

The right to private property, competition, profit as an incentive, and consumer sovereignty are the five guiding principles of the U.S. economic system of free enterprise.

To Know more about enterprise system

https://brainly.com/question/30338990

#SPJ1

Complete the below table to calculate the price of a $1.5 million bond issue under each of the following independent assumptions (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.Enter your answers in whole dollars.):
1. Maturity 15 years, interest paid annually, stated rate 10%, market rate 12%
Table values are based on:
n= i= Cash Flow Amount Present Value
Interest Principal Price of bonds 2. Maturity 6 years, interest paid semiannually, stated rate 14%, market rate 16%
Table values are based on:
n= i= Cash Flow Amount Present Value
Interest Principal Price of Bonds 3. Maturity 5 years, interest paid semiannually, stated rate 16%, market rate 14%
Table values are based on:
n= i= Cash Flow Amount Present Value
Interest Principal Price of bonds 4. Maturity 20 years, interest paid semiannually, stated rate 14%, market rate 16%
Table values are based on:
n= i= Cash Flow Amount Present Value
Interest Principal Price of Bonds 5. Maturity 20 years, interest paid semiannually, stated rate 14%, market rate 14%
Table values are based on:
n= i= Cash Flow Amount Present Value
Interest Principal Price of bonds

Answers

Maturity 15 years, interest paid annually, stated rate 10%, market rate 12%, Price of bonds = $1,130,863Maturity 6 years, interest paid semiannually, stated rate 14%, market rate 16%. Price of bonds = $816,059Maturity 5 years, interest paid semiannually, stated rate 16%, market rate 14%. Price of bonds = $1,120,893Maturity 20 years, interest paid semiannually, stated rate 14%, market rate 16%. Price of bonds = $685,601Maturity 20 years, interest paid semiannually, stated rate 14%, market rate 14%. Price of bonds = $1,000,000

An explanation for 1st: To calculate the price of the bond, we need to use the present value of the interest and principal payments discounted at the market rate of 12%. Using the PV of $1 table, we can calculate the present value factors for the interest and principal payments. Multiplying these factors by the corresponding cash flows and summing them up gives us the price of the bonds, which is $1,130,863.

An explanation for 2nd: To calculate the price of the bond, we need to use the present value of the interest and principal payments discounted at the market rate of 16%, which is the semiannual equivalent of the annual rate of 14%. Using the PV of $1 table, we can calculate the present value factors for the interest and principal payments. Multiplying these factors by the corresponding cash flows and summing them up gives us the price of the bonds, which is $816,059.

An explanation for 3rd: To calculate the price of the bond, we need to use the present value of the interest and principal payments discounted at the market rate of 14%, which is the semiannual equivalent of the annual rate of 16%. Using the PV of $1 table, we can calculate the present value factors for the interest and principal payments. Multiplying these factors with the corresponding cash flows and summing them up gives us the price of the bonds, which is $1,120,893.

An explanation for 4th: To calculate the price of the bond, we need to use the present value of the interest and principal payments discounted at the market rate of 16%, which is the semiannual equivalent of the annual rate of 14%. Using the PV of $1 table, we can calculate the present value factors for the interest and principal payments. Multiplying these factors by the corresponding cash flows and summing them up gives us the price of the bonds, which is $685,601.

An explanation for 5th: When the stated rate is equal to the market rate, the price of the bond is equal to its face value, which is $1,000,000 in this case. The present value factors for the interest and principal payments are both equal to 1, so we don't need to use the PV tables to calculate the price of the bonds.

Learn more about Interest Rates:

https://brainly.com/question/25720319
#SPJ4

Complete Question:

Complete the following to calculate the price of a $1.5 million bond issue under each of the following independent assumptions (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.Enter your answers in whole dollars.):

1. Maturity 15 years, interest paid annually, stated rate 10%, market rate 12%

Table values are based on:

n= i= Cash Flow Amount Present Value

Interest Principal Price of bonds

2. Maturity 6 years, interest paid semiannually, stated rate 14%, market rate 16%

Table values are based on:

n= i= Cash Flow Amount Present Value

Interest Principal Price of Bonds

3. Maturity 5 years, interest paid semiannually, stated rate 16%, market rate 14%

Table values are based on:

n= i= Cash Flow Amount Present Value

Interest Principal Price of bonds

4. Maturity 20 years, interest paid semiannually, stated rate 14%, market rate 16%

Table values are based on:

n= i= Cash Flow Amount Present Value

Interest Principal Price of Bonds

5. Maturity 20 years, interest paid semiannually, stated rate 14%, market rate 14%

Table values are based on:

n= i= Cash Flow Amount Present Value

Interest Principal Price of bonds

an entry to write-off an uncollectible account does not change the net realizable value of accounts receivable.

Answers

Writing off an uncollectible account does not affect the net realizable value of accounts receivable when employing the allowance approach. In accordance with widely accepted accounting rules, the direct write-off technique is used.

What does the direct write-off technique for uncollectible accounts entail?

The straight write-off method is an accounting approach for recording bad debt. When employing this strategy, businesses wait until it has been determined that a debt is uncollectible before marking it as such in their records. The amount that is uncollectible is deducted from a bad debt account, and the equivalent amount is added to accounts receivable.

After write-off, what is the accounts receivable's cash realizable value?

The amount of cash left over after deducting the uncollectible amount from an account receivable is known as the cash realizable value. The balance of accounts receivable and the provision for doubtful accounts on a company's balance sheet are combined to get this net sum.

To know more about uncollectible visit:-

https://brainly.com/question/21043673

#SPJ1

Consider the following information about two stocks (D and E) and two common risk factors (1 and 2):
Stock bi1 bi2 E(Ri)
D 1.0 3.8 14.56% E 2.3 2.3 15.52% Assuming that the risk-free rate is 5.4%, calculate the levels of the factor risk premia that are consistent with the reported values for the factor betas and the expected returns for the two stocks. Round your answers to one decimal place.
λ1: %
λ2: %
You expect that in one year the prices for Stocks D and E will be $55 and $40, respectively. Also, neither stock is expected to pay a dividend over the next year. What should the price of each stock be today to be consistent with the expected return levels listed at the beginning of the problem? Round your answers to the nearest cent.
Today's price for Stock D: $
Today's price for Stock E: $
Suppose now that the risk premium for Factor 1 that you calculated in Part a suddenly increases by 0.30% (i.e., from x% to (x + 0.30)%, where x is the value established in Part a. What are the new expected returns for Stocks D and E? Round your answers to two decimal places.
Expected return for Stock D: %
Expected return for Stock E: %
If the increase in the Factor 1 risk premium in Part c does not cause you to change your opinion about what the stock prices will be in one year, what adjustment will be necessary in the current (i.e., today’s) prices? Do not round intermediate calculations. Round your answers to the nearest cent.
Today's price for Stock D: $
Today's price for Stock E: $

Answers

Stock D: λ1=4.6%, λ2=2.0%. Stock E: λ1=4.3%, λ2=3.1%. Today's price: D $51.25, E $33.68. New expected return: D 22.28%, E 26.25%. Adjusted price: D $65.57, E $47.94.

What is CAPM stand for?

Following is the CAPM formula: The CAPM formula may be expressed in simple words as follows: anticipated return of the investment = risk-free rate + beta (or risk) of the investment * anticipated return on the market - risk free rate (the difference between the two is the market risk premium).

a) The factor risk premiums may be calculated using the formula E(Ri) = rf + ibi, where rf is the risk-free rate, i is the factor risk premium, and bi is the factor beta for stock i.

For Stock D: 14.56% = 5.4% + λ1(1.0) + λ2(3.8)

λ1 = 4.56%

λ2 = 2.00%

For Stock E: 15.52% = 5.4% + λ1(2.3) + λ2(2.3)

λ1 = 4.30%

λ2 = 3.07%

Therefore, the level of the factor risk premia consistent with the reported values are λ1 = 4.6% and λ2 = 2.0%.

b) To calculate the current prices of the stocks, we can use the formula P0 = (E(Ri) - D1) / (1 + rf),

For Stock D: P0 = (0.145655) / (1 + 0.054) = $51.25

For Stock E: P0 = (0.155240) / (1 + 0.054) = $33.68

Therefore, the current price for Stock D should be $51.25 and for Stock E should be $33.68.

c) With an increase in the Factor 1 risk premium by 0.30%, the new factor risk premiums would be:

λ1 = 4.86%

λ2 = 2.00%

For Stock D: E(RD) = 5.4% + 4.86%(1) + 2.00%(3.8) = 22.28%

For Stock E: E(RE) = 5.4% + 4.86%(2.3) + 2.00%(2.3) = 26.25%

Therefore, the new expected return for Stock D would be 22.28% and for Stock E would be 26.25%.

d) If the increase in the Factor 1 risk premium does not cause any change in the expected stock prices, . We can use the same formula as in part b) to solve for the new current prices:

For Stock D: P0 = (0.222855) / (1 + 0.054) = $65.57

For Stock E: P0 = (0.262540) / (1 + 0.054) = $47.94

Therefore, the new current price for Stock D should be $65.57 and for Stock E should be $47.94.

To know more about Stock visit:-

https://brainly.com/question/29992015

#SPJ1

Refer to the diagram above. Based on the information illustrated in this graph, which of the following is an accurate statement? a) production should keep expanding because MR is always less than MC b) because this is a perfectly competitive firm, the profit maximizing rule is not P = MR c) profits will be reduced by production in the zone where MC exceeds MR d) because this is a perfectly competitive firm, the profit maximizing rule is not P = MC

Answers

The market with the most consumers, producers, and homogeneous items is considered to have perfect competition (identical).

What is homogeneous?

Homogeneous is an adjective used to describe a mixture or group of objects or substances that are all of the same kind, type, or form. It is the opposite of heterogeneous, which means made up of dissimilar or diverse components. Homogeneous mixtures are often referred to as solutions, which are uniform in composition. Examples of homogeneous mixtures include air, saltwater, and sugar dissolved in water.

The amount that maximises profit is produced at the point where production in the zone where marginal cost exceeds marginal revenue results in a profit reduction.

To learn more about homogeneous
https://brainly.com/question/28195989
#SPJ1

Complete Question:

5. Why might a parent not want to co-sign a student loan? Explain

Answers

“Some people, incorrectly, trust cosigning to be like giving a reference,” Kantrowitz, said. “In fact, a cosigner is a co-borrower, equally obligated to repay the debt.” That potential that if your infant falls at the back of on his or her student mortgage bill, or goes into default, each of your credit scores will take a hit

What is the risk of cosigning a student loan?

You're jointly–and legally–responsible for the loan

So, if your pupil would not make repayments for any reason, you will be anticipated to make them. Missed payments can adversely impact your credit document as nicely as your student's.

Lenders or collectors may want to even sue you, garnish your wages or put a lien on your property in an effort to collect the balance of the debt

Learn more about cosigning a student loan here:

https://brainly.com/question/23714352#SPJ1

Which of the following things does NOT affect your credit score?
OA. Paying your bills on time.
OB. Your parents' credit rating.
OC. Skipping payments on your cell phone account.
OD. The kind of credit you have

Answers

Answer:

ob

Explanation:

Of the following, which would cause the greatest increase in credit risk to an issue of Dallas/Fort Worth Airport Authority bonds?
[A] Airport traffic is substantially reduced because of nearby competing airports.
[B] The authority called the bonds at the earliest call date.
[C] Interest rates have recently increased.
[D] The rating on the bonds was recently reduced but the bonds remain investment grade.

Answers

The factor that would cause the greatest increase in credit risk to an issue of Dallas/Fort Worth Airport Authority bonds is the rating on the bonds being recently reduced but the bonds remaining investment grade. option B is correct.

Credit risk is the possibility that a borrower will be unable to repay its debt obligations, resulting in default.Credit risk arises as a result of a borrower's inability to make payments on time, as well as the uncertainty surrounding the timely repayment of the principal and interest amount.The risk of default on a bond investment is referred to as credit risk. Credit risk occurs when a borrower cannot pay their obligations, resulting in default. The higher the credit risk, the more likely the borrower is to default on their loan or bond payments.Therefore, the factor that would cause the greatest increase in credit risk to an issue of Dallas/Fort Worth Airport Authority bonds is the rating on the bonds being recently reduced but the bonds remaining investment grade. This means that there has been a change in the bond's rating, indicating that the issuer's creditworthiness has deteriorated. While the bond remains investment grade, this recent downgrade increases the risk of default, making it a major factor in determining credit risk.

for more such question on obligations

https://brainly.com/question/28192164

#SPJ11

Oil spill case study

Answers

One of the most well-known oil spill case studies is the Deepwater Horizon oil spill that occurred in 2010.

What is oil spill?

An oil spill occurs when crude oil or refined petroleum products are released into the environment, typically into water bodies such as oceans, rivers, or lakes. These spills can happen due to various reasons, including accidents during oil drilling or transportation, equipment malfunctions, or natural disasters. Oil spills can have severe ecological and economic consequences, as they can harm or kill marine animals and birds, damage habitats, and impact the fishing and tourism industries. The extent of the damage caused by an oil spill depends on the type and amount of oil released, the location of the spill, and the effectiveness of the cleanup efforts. Quick and effective response is critical in mitigating the damage caused by oil spills.

To learn more about natural disasters visit:

https://brainly.com/question/2479021

#SPJ1

Complete Question is: What is the most well know Oil spill case study?

Which one of the following is TRUE regarding planned amortization class (PAC) collateralized mortgage obligations?

Answers

A planned amortization class (PAC) collateralized mortgage obligation (CMO) is a type of mortgage-backed security that is structured to provide a predictable cash flow to investors.

One of the key features of a PAC CMO is that it is divided into tranches, or layers, with different levels of risk and return. The most senior tranche, known as the PAC tranche, is designed to receive a stable stream of cash flows, even in the event of prepayments or defaults on the underlying mortgages.

The statement that is true regarding PAC CMOs is that the PAC tranche has a priority claim on principal and interest payments, which means that it is the first tranche to receive payments from the underlying mortgages. As a result, investors in the PAC tranche have a high degree of certainty about the timing and amount of their cash flows.

However, this predictability comes at a cost. Because the PAC tranche is insulated from prepayments and defaults, other tranches, such as the support and companion tranches, are exposed to higher levels of risk. In the event that prepayments or defaults exceed a certain level, the PAC tranche will continue to receive its cash flows, while the other tranches may experience losses.

In conclusion, investors in a PAC CMO should be aware of the risks and rewards of investing in this type of security, and carefully consider whether it is a suitable investment for their portfolio.

Other Questions
how often should narcan be administered if the victim is not yet responsive and ems has not arrived? Calculate the mass of sulfur that must react to produce 9.30 L of sulfur dioxide (SO,) at740 mmHg and 125C. The moment of inertia of a solid cylinder about its axis is given by 1/2MR 2 . If this cylinder rolls without slipping, the ratio of its rotational kinetic energy to its translational kinetic energy is:A. 1:1B. 2:2C. 1:2D. 1:3 Why do People use the expression Its raining cats and dogs! a homogeneous wire is bent into the shape shown. determine the x coordinate of its centroid by direct integration. express your answer in terms of a. which of the following most likely would not be required to complete continuing education hours in this state? why did the thirteen colonies fight a war for independence from britain? Exercise 6 You recently went on a school trip. Your teacher has asked you to write a report about the trip and make suggestions for the year. I need help with this question.. :') she was an american born french dancer, singer, activist and actress who was one of the most successful african americans in french history. she also was a spy in world war ii, who is she? Would the mosquito still be able to fin the nesting site The following data relate to notes receivable and interest for CGH Cable Co., a cable manufacturer and supplier. (All notes are dated as of the day they are received.)Apr. 10.Received a $144,000, 5%, 60-day note on account.May 15.Received a $270,000, 7%, 120-day note on account.June 9.Received $145,200 on note of April 10.Aug. 22.Received a $150,000, 4%, 45-day note on account.Sept. 12.Received $276,300 on note of May 15.30.Received a $210,000, 8%, 60-day note on account.Oct. 6.Received $150,750 on note of August 22.18.Received a 120,000, 5%, 60-day note on account.Nov. 29.Received $212,800 on note of September 30.Dec. 17.Received $121,000 on note of October 18.Journalize the entries to record the transactions. Refer to the Chart of Accounts for exact wording of account titles. Two problems with advertising in ________ are the lack of accountability and ROI measurements and the increasing public concern about environmental impact. if a star had twice the temperature of the sun, but the same radius what would be its luminosity compared to the sun? To achieve asymmetrical balance, what might an artist do? A. Use a reflection so that the top and bottom half of the image are mirrored. B. Use objects that have a different visual weight. C. Use objects that have the same visual weight. D. Use objects that are repeated across the image. In applying work adjustment theory to women and culturally diverse populations, Dawis and Lofquist have not addressed differences very much because they have focused on Let Gbe a group. Say what it means for a map :GGto be an automorphism. Show that the set-theoretic composition =of any two automorphisms ,is an automorphism. Prove that the set Aut(G)of all automorphisms of the group Gwith the operation of taking the composition is a group. Which of the following are end-products of glycolysis except?a. CO2CO2 and H2OH2Ob. Pyruvate, CO2CO2, and ATPc. Pyruvate, NADH, and ATPd. Acetyl CoA, CO2CO2, and NADHe. Citrate, H2OH2O, and FADH2 Jana works in a day-care center where she cares for children between the ages of one and two. She is highly valued by both the parents and the staff of her day-care center. The children attach to her shortly after being in her care. Jana is likely to have which pair of qualities? Put the steps in correct order to prove that if n is a perfect square, then n + 2 is not a perfect square.1).Lets assume m 1.2) If m = 0, then n + 2 = 2, which is not a perfect square. The smallest perfect square greater than n is (m + 1)^2.3) Hence, n + 2 is not a perfect square4) Expand (m + 1)^2 to obtain (m + 1)^2 = m2 + 2m + 1 = n + 2m + 1 > n + 2 + 1 > n + 2.5) .Assume n = m2, for some nonnegative integer m