The customer perspective of the balanced scorecard approach evaluates the company from the viewpoint of those people who buy its products or services.
What is a balanced scorecard and what does it do?A balanced scorecard is a strategic management performance statistic that aids businesses in identifying and enhancing their internal processes in order to enhance their external outcomes. It evaluates historical performance data and offers organizations advice on how to make better decisions going forward.
Why is a balanced scorecard the best strategy?The balanced scorecard methodology aids organizations in creating key performance indicators (KPIs) for their varied strategic goals. This guarantees that businesses are measuring what is important. The BSC approach gives data-driven insight and high-quality management information to aid in decision-making.
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Which of the following are characteristics of blockchain technology? (select all that apply)
a. Decentralized technology
b. Distributed transaction ledger
c. Secure framework
d. High profit margins
Decentralized technology, Distributed transaction ledger, Secure framework are characteristics of blockchain technology.
What does Decentralized Technology means?
Decentralized technology, also known as distributed technology, refers to a system in which components are distributed across a network rather than being stored in a centralized system. Users can control and manage their data and activities using this technology without relying on a centralized authority. It also enables more secure and reliable data exchanges and transactions because there is no single point of failure. Furthermore, by eliminating the need for a third party to facilitate transactions, decentralization helps to reduce costs and increase efficiency.
What is Blockchain Technology?
Blockchain technology is a distributed ledger system that is decentralized and records digital transactions across a peer-to-peer network. It is a shared digital ledger of transactions that is constantly growing as new blocks are added to it, with a secure record of each transaction. Each block contains the previous block's cryptographic hash, a timestamp, and transaction data. A blockchain is resistant to data modification by design and is inherently secure, efficient, and transparent.
Threfore the option A,B & C Decentralized technology, Distributed transaction ledger, Secure framework is the correct answer.
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when machine-hours are used as an overhead cost-allocation base, the most likely cause of a favorable variable overhead spending variance is . question 18 options: the production scheduler efficiently scheduled jobs strengthened demand for the product a decline in the cost of energy excessive machine breakdowns
a decline in the cost of energy excessive ,machine breakdowns a decline in the cost of energy.
What is fixed overhead budget?The fixed overhead budget variance is also known as the fixed overhead spending variance. Fixed overhead costs are the indirect manufacturing costs that are not expected to change when the volume of activity changes.
What comes under fixed budget?A fixed (static) budget presents budgeted amounts at the expected capacity level. It is best used when the department's activities (e.g., sales) are stable. A deficiency with the static budget is the lack of flexibility to adjust to unexpected changes.
How is static budget calculated?To calculate a static budget variance, simply subtract the actual spend from the planned budget for each line item over the given time period. Divide by the original budget to calculate the percentage variance
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the accountant at swiftly company is figuring out the difference in income taxes the company will pay depending on the chouice of either fifo or lifo as an inventroy costing method the tax rate is 30 and the fifo method will result in income before taxes of 8100
The typically raise that the tax difference between the two ways would be paid as follows: = 2,622 - 2,430 = 192.00.
What exactly is taxation?
Taxation is indeed the imposition of obligatory taxes on individuals or companies by governments in practically every country of the globe. Although it can be used for other things as well, taxes are typically utilized to raise money for government spending.
The importance of taxes.
Governments utilize the money they acquire through taxes to fund social projects, thus taxes are essential. Government initiative to the medical sector would not be possible without taxes. Social care, health research, social security, and other health-related services are all funded by taxes.
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Initiation phase begins with the determination that a gap exists between organization performance and expected outcomes the leadership. The leadership then identifies an opportunity for improvement and assesses the feasibility of the project.
1. Identify PI opportunity
2. Determine the feasibility of the project
3. Define project objectives and scope
4. Select team members
5. Create vision and mission statement
Initiation phase begins with the determination that a gap exists between organization performance and expected outcomes the leadership. The leadership then Identify PI opportunity.
A group of people who cooperate, such as in a union, corporation, charity, or neighbourhood association, constitutes an organisation. The word "organisation" can apply to a person, a group, a company, or the process of creating something. An organisation is a formal gathering of people, such as a corporation, a nonprofit, a club, or a political party. Most of these specialised institutions are run by nonprofit groups. a study from the International Labour Organization. Functional, departmental, and matrix are three types of organisations that characterise the organisational structures utilised by the majority of businesses today. Before selecting one of them to use for their firm, owners must weigh the benefits and drawbacks of each of these forms.
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an item that is used all over the world: is not restricted if it a. is in electronic format. b. may still be controlled. c. does not require an export license. d. is not subject to the deemed export rule.
An item that is used worldwide: not restricted if not subject to the presumed export rule. Option d is correct.
What is Controlled Export?It corresponds to a product that is controlled by competent bodies that develop a series of regulations and procedures so that the export of such product occurs in compliance with the laws. Some of these bodies are the ITAR which corresponds to International Traffic in Arms Regulations and the EAR, Export Administration Regulations.
Therefore, the controls on exports define the rules on all characteristics of products and services that are sent to another country, such as transfer procedures, release and all necessary requirements.
Therefore, controlled export ensures that there is greater security in export processes, generating greater security and reliability for such products.
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The cash account shows a balance of $40800 before reconciliation. The bank statement does not include a deposit of $8600 made on the last day of the month. The bank statement shows a collection by the bank of $3970 and a customer’s check for $1310 was returned because it was NSF. A customer’s check for $1330 was recorded on the books as $1960, and a check written for $317 was recorded as $388. The correct balance in the cash account was $42901. $44019. $51501. $42759.
On a balance sheet, a company's restricted cash is not listed underneath cash and cash equivalents; rather, it is mentioned in the notes to the financial statement.
Why do you use the word account?Account is a record of debit or credit entries that covers transactions involving a specific asset (such as money or accrued liabilities) or a specific person or business. Account is also a statement of activities for a fiscal quarter that displays the balance.
What are the three different types of accounts?Three different sorts of accounts are utilized in accounting: real, personal, or nominal accounts. Then, it is decided which of the two real account subcategories—tangible real account and immaterial real account—will be used. Additionally, there are three main sorts of personal accounts: Natural, Actual, and Artificial.
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according to our understanding of integrated marketing communications, which of the following is not an example of one of the 10 rules of integration?
According to our understanding of integrated marketing communications, of the following is not an example of one of the 10 rules of integration start with a large budget.
How ought a novice to establish a budget?Set some objectives.
Establish your income.
Establish your costs.
Establish a budget.
Initially, pay yourself!
Be cautious when using credit cards.
Regularly check back.
How do you begin a strict spending plan?First, figure out your net income. Your net income is the basis of an efficient budget.
Next, keep tabs on your spending.
Step 3 is to make practical goals.
Make a plan in step four.
5. Modify your expenditures to keep inside your spending limit.
Step 6: Regularly review your spending plan.
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The reason thriving teams rely on awareness is not to outperform other teams or each other, but to become ________ each other.
credible to
competitive with
committed to
friendly with
indispensable to
The most important components of both individual and organizational thriving are Thriving Teams. Teams that are thriving produce important outcomes such as wellbeing, vitality,
performance, and learning and development. Thriving Teams need to adopt a holistic and systemic strategy rather than a silo-based approach to create an environment where all the results that matter can co-emerge and co-influence one another, eventually fostering the success of thriving individuals, teams, and organizations. The Thriving Teams InstituteTM offers evidence-based and doable strategies for building Thriving Teams. You can create teams that are "Always Ready" for the difficulties facing your team now and in the future with the help of our system-based, holistic, and design-based approaches.
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Butchart Gardens is a very large garden in Victoria, British Columbia, renowned for its beautiful plants. It is so large that it could hold many times more visitors than currently visit it. The garden charges an admission fee of approximately $30. At this price, 1,000 people visit the garden each day.
Are visits to Butchart Gardens excludable or nonexcludable? Are they rival in consumption or nonrival? What type of good is it?
What do you think would happen to the number of visitors if the admission fee were reduced to $15? In your opinion, what is the socially optimal admission fee? Justify your answer.
Defend your views by citing information from the book, the Web and/or your own experiences. First, post your response on the discussion board, and then read and reply to the posts of at least two other students, citing those views with which you agree or disagree as well as your reasons for agreeing or disagreeing
As per the garden charges, the socially optimal admission fee is $2 per person.
Here we have given that Butchart Gardens is a very large garden in Victoria, British Columbia, renowned for its beautiful plants.
And it is so large that it could hold many times more visitors than currently visit it.
Here the garden charges an admission fee of approximately $30.
And in this price, there are 1,000 people visit the garden each day.
Here we need to find the socially optimal admission fee.
While we looking into the given question, we have identified that the following details are given,
Number of people per day = 1000
Admission fee = $30
Then the total fees collection is calculated as,
=> 30 x 1000
=> 30000
Then the optimal admission fee that is also known as the expected return is calculated as,
=> 30000/(15 x 1000)
=> 2 per person.
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When the interest rate is so low that the opportunity cost of holding money is zero, then economists say we have reached: A) the era of total liquidity.B) the zero-lower-bound situation, which means the U.S. economy may be in a liquidity trap.C) full monetary saturation.D) a situation in which a nation must use caution, since monetary policy is "super" effective.
An increase in the interest rate increases the opportunity cost of holding money and leads to a reduction in the quantity of money demanded
How do interest rates affect the economy?
One of the most crucial elements influencing the economy is the rate of interest. They can influence everything, ranging from how much money people borrow to how much money firms invest.
It can have a significant effect on the economy when the Federal Reserve changes interest rates. It might be simpler for consumers to borrow money if, for instance, the Fed lowers the interest rate. The economy might benefit from this and expand.
People may find it more challenging to borrow money if the Fed raises the interest rate, though. The economy may grow more slowly as a result and may also slow down. Because there are more potential investment opportunities when the interest rate rises, retaining money has a lower opportunity cost.
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Consider the market for milk. Suppose a government study is published that says milk
can prevent cancer and other diseases. Shift the demand curve left or right to reflect
the impact on demand for milk as a whole.
Answer:
Shift to the right.
Explanation:
Because of the demand increase the price increases.
suppose that each of two independent investments has a 2% chance of a loss of $10 million and 98% chance of a profit of $1 million.
The chances of loss on investment is 20000$. An independent investment is money that people or businesses put into businesses. Investments that are independent of other investments in a company are unconnected.
Typically, people invest money by buying bonds or stock in a firm. Contrary to what their names imply, contingent investments are linked to some other forms of investments while independent investments are just that—contingent. a sum of money that an individual, rather than a company or businesses, has invested in something, or these investments taken collectively: Real estate and precious metals are his go-to personal investing options. The most valuable cryptocurrency by market capitalization, bitcoin, is a volatile and dangerous investment.
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1.A casual dining chain has experienced over 100 cases of food poisoning in several U.S. cities. The parent company of the chain immediately acknowledged the situation and relayed information about its ongoing investigation. The spokespeople stressed that "our primary concern is always the health and safety of our customers." At this point, the scenario would most likely be considered a(n) __________ issue.
Multiple Choice
• an advertorial
• public relations
• event marketing
• network marketing
• indirect advertising
As the spokespeople stressed that "their primary concern is always the health and safety of our customers." At this point, the scenario would most likely be considered a public relations issue. The Option B is correct.
What is public relations in marketing?In marketing, public relations means set of techniques and strategies related to managing how information about an individual or company is disseminated to the public and most especially the media. The primary goals of public relations are to disseminate important company news or events, maintain a brand image and put a positive spin on negative events to minimize their fallout.
A company public relations may occur in the form of press release, news conference, interviews , social media posting etc. Every entity operating in the public eye faces spread of information about them or their practices to the public.
In conclusion, as public relations is an industry unto itself, any attempt to portray oneself in a certain way to others can be considered a form of public relations.
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arguments for the activist approach toward social responsibility of organizations include that it is management's responsibility to earn profits for owners, that potential conflicts of interest occur when managers must meet profit goals and simultaneously enhance social welfare, and that businesses lack the expertise to manage social problems.
Corporate social responsibility (CSR), also referred to as social responsibility in business, is the practice of individuals and organizations acting morally and conducting business while being mindful of social, cultural, economic, and environmental concerns.
Explanation:An organization's social obligations are those duties that the organization owes to society.
When a company participates in social activities, such as the Walk for Life, awards scholarships, hosts sporting events, and many others, it just raises public knowledge of the company; it does not give the company any new authority over the general populace or another company. Instead, it improved the quality of the participants' lives. Therefore, the notion that commercial involvement in social initiatives results in an overabundance of power cannot be used to discredit social organizations.
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Those in favor of marketing directly to consumers have argued that this form of advertising does what? - prompts the development of more effective treatments - inspires active competition
The people who argue that marketing directly to consumers is best, argue that this advertising:
prompts the development of more effective treatmentsinspires active competitionWhat are the benefits of marketing to consumers directly ?Instead of speaking to the whole public, you can speak with specific people through direct marketing. With this highly customized and focused strategy, you may expand your company while saving money.
A component of the promotional mix is direct marketing. It can give a higher conversion rate (the proportion of the targeted group that, for example, purchases your product) at a cheaper cost because it interacts directly with customers.
A well-planned direct marketing strategy can increase conversion rates and enhance the consumer experience. Simply simply, both businesses and customers benefit from it. Businesses can tailor their offers for particular audiences using this type of advertising, which makes customers feel appreciated.
As a result, it encourages vigorous competition and the creation of more effective treatment .
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ch 2 kb. the predetermined manufacturing overhead rate is calculated by group of answer choices multiplying the predetermined moh rate by the actually allocation base factor multiplying the actual allocation base factor by the estimated annual moh dividing the annual estimated moh by the annual estimated moh allocation base multiplying the predetermined moh rate by the actual allocation base
The predetermined manufacturing overhead rate is calculated by dividing the annual estimated MOH by the annual estimated MOH allocation base.
Predetermined overhead rate is an estimated rate of the cost of manufacturing a product over a specific period of time. The overhead is the cost associated with the manufacturing of a product such as facility maintenance, facility utilities, supplies, equipment, and labor costs. To calculate the predetermined overhead rate for a specific period of time, for example, a fiscal year, the estimated predetermined overhead cost is divided by an allocation base, such as direct labor costs, direct labor dollars, or number of machine-hours. Indirect labor costs, such as executive or supervisor salaries or any labor not related to the physical manufacturing of the product, would not be used in the manufacturing overhead rate.
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Using the percentage-of-receivables basis, the uncollectible accounts for the year is estimated to be $33,000. If the balance for the Allowance for Doubtful Accounts is a $5,000 credit before adjustment, what is the amount of bad debt expense for the period? a. $5,000 b. $28.000 c. $33,000 d. $513,000
$513,000 is the amount of bad debt expense for the period. The percentage of bad debts that a company anticipates may encounter is calculated using the percentage of receivables method.
The method is used to fill out the allowance for dubious accounts, a counter account that deducts from the asset for accounts receivable. Divide the entire accounts receivable for a period by the bad debt amount, then multiply the result by 100. The main benefit of employing the percent of receivables technique is that it gives more accurate findings than others because it takes into account the company's real receivables as well as the length of time they have been past due.
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When you look for the best mortgage, you should consider _____. the appraised value of the home and whether it is a fixed or variable rate the appraised value of the home and whether it is a fixed or variable rate the amount of down payment required, the loan period, the PMI, and property taxes the amount of down payment required, the loan period, the PMI, and property taxes the cost of homeowner’s insurance, interest rates, and amount of down payment required the cost of homeowner’s insurance, interest rates, and amount of down payment required the APR, loan period, and whether it is a fixed or variable rate the APR, loan period, and whether it is a fixed or variable rate
When you look for the best mortgage, you should consider credit score. Among other things, consider your ability to make a down payment, the size of the loan you require, and your repayment timeline.
What do you mean by Appraised value?In order to ensure that your financial lender is not extending an excessively big loan, your home's appraised value is the value that is assigned to it by a qualified real estate appraiser.
The borrower's credit score and report may be one of the main factors affecting a mortgage rate. Your borrowing history, including any late payments, inquiries, credit cards, or loans, is summarized in your credit score.
The credit score of the borrower is used by lenders to determine the loan amount. When determining a person's credit score, important factors like payment history and frequency of credit utilization are taken into account.
Therefore, Credit score is the correct option.
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Which of the following monetary and fiscal policy combinations would definitely cause a decrease in aggregate demand in the short run
Contractionary fiscal policy refers to the use of fiscal tools to constrict the economy by lowering aggregate demand, which will result in lower output, increased unemployment, and a lower price level. Booms are fixed through contractionary fiscal policy.
What fiscal policy decreases aggregate demand?Consider a scenario where the government wants to stop a growth or reverse a recession. Its specific objectives would be to bring the economy back to full employment or to manage inflation, as appropriate. They may be able to accomplish their objectives with the aid of fiscal policy.Government expenditure and taxes (or transfers, which act as "negative taxes") are the tools of fiscal policy. Expansionary fiscal policy is used to close output gaps because you want to grow an economy that is generating too little (recessions). Expanding fiscal policy involves either raising taxes or cutting spending.A surplus-producing economy needs to be reduced. The best course of action in that situation would be to implement a contractionary fiscal policy, which would entail either raising taxes or reducing government spending.As an illustration, if Burginville is going through a recession, the government may issue tax refunds to everyone (an example of expansionary fiscal policy). What will transpire is as follows: An increase in discretionary income results from the tax refund. Consumption rises as a result of higher disposable income, and consumption rises as a result of higher aggregate demand. Gains in output and a decline in unemployment result from rising aggregate demand. Because of the decline in unemployment and the rise in output, inflation will rise as a result.To Learn more About Contractionary fiscal policy refer to:
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According to the Small Business Administration, a small business is an independent business with fewer than _____ employees
a. 500
b. 100
c. 50
d. 10
The Office of Advocacy generally defines a small business as an independent business having fewer than 500 employees.
Generally speaking, a small business is a privately held corporation, partnership, or sole proprietorship with fewer employees and lower yearly income than a corporation or regular-sized business. The definition of "small" varies by country and industry in terms of being qualified for benefits from the government and favorable tax treatment.
The U.S. Small Business Administration establishes what qualifies as a small business based on a set of standards depending on specific industries. In comparison to mid-size and large firms, small businesses may be eligible for specific small business loans and are subject to some additional rules.
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The biggest difference between National Incident-Based Reporting System (NIBRS) and Supplementary Reporting system (SRS) is ______.
The biggest difference between National Incident-Based Reporting System (NIBRS) and Supplementary Reporting system (SRS) is having communities safer.
The Supplementary Reporting system in the United States is not count in ordered can be submitted at a continued hearing and to provide the court with a new information about the reporting.
In the Supplementary Reporting system is the information which is used to collect monthly counts of the number of crimes known to law enforcement from many agencies in the United States.
A system that gathered information on each occurrence of reported crime. The NIBRS mandated local law enforcement agencies to submit at least a brief narrative of each incident/arrest, which set it apart from the UCR.
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Movements along versus shifts of demand curves
Event:
A change in the expectations of consumers about prices.
A decrease in the number of consumers.
An increase in the price of donuts.
An increase in the number of consumers.
A change in tastes of consumers that makes them desire more hot dogs.
A decrease in the price of hot dogs.
A decrease in the price of cereal
a change in tastes of consumers that makes them desire more cereal
an increase in the price of milk (a complement for cereal)
shift; shift; movement along
shift; shift; movement along
Movement along; shift, shift
The demand curve for donuts shows the relationship between the price of donuts and the quantity of donuts demanded by consumers, assuming that all of the determinants of demand are held constant. The following list displays determinants of demand, which are the factors that affect the quantity of donuts consumers want to buy at a given price: price of a related good (complement or substitute), income of consumers, tastes of consumers, number of consumers, expectations of consumers.
The movement of the demand curve as hot dog prices decline. a shift in consumer preferences that increases their appetite for hot dogs.
What is consumer preferences?Consumer preference refers to decisions made by consumers to increase their level of satisfaction. Although consumers can choose some of the products they purchase, they are not always able to get exactly what they want.The theory of consumer preference has been around for many years. It has been used to explain consumer behavior. The application of consumer preference can be done in a variety of ways, including marketing, advertising, product design, etc.According to the theory, consumers are affected by their own preferences, other people's preferences, and the environment in which they make decisions. In addition to social norms and cultural values, which can be viewed as social pressure to adhere to particular behaviors or beliefs, consumers are also influenced by these factors.To learn more about beliefs refer to:
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1. When you compose a message, you want your audience to find the information it needs quickly and to understand it. Your message should be easy to read and comprehend.
Strategic use of white space improves document readability. Which of the following techniques employ white space? Check all that apply.
Using bulleted and numbered lists
Using headings
Using serif typeface
Using parallel structures2. A WIDE variety of typefaces are available for business writers. Different typefaces suggest different purposes and occasions.
True or False: This selection uses a serif typeface.
True
False
Headings are important for visual impact and readability. Which of the following sentences about headings are true? Check all that apply.
Headings often appear in business reports.
Headings should not be used in formal documents.
Headings increase the skim value of a message.
3. Read the following sentence, and determine which technique is most applicable to improve its readability.
Please follow these steps when filling out an expense report: begin by writing your name, date, and position; record the exact expense amount; and obtain your supervisor’s signature.
Developing parallelism for balance
Using numbered or bulleted lists
Using graphic techniques
Choose the heading that is best at highlighting information and improves readability.
Financial Analysis of ABC Corp.
The Truth About ABC Corp. Profitability
Using bulleted and numbered lists techniques employ white space. It will improve readability.
Tips on how to improve the readability of your writing: Use short, simple sentences, Use common, everyday words, Use active voice, Keep your paragraphs short, Use headings and subheadings, Use lists, Highlight key points and Use visuals.
Readability is the ease with which a reader can understand a written text. It is a measure of the clarity and comprehensibility of a text and is used to determine the level of difficulty of a text. The readability of a text can be affected by many factors, such as the length of the sentences, the use of jargon, and the level of difficulty of the subject matter.
Hence, the correct option is "FIRST".
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the distributive process by which the burdens and rewards that society has to offer are shared varies from society to society. T/F
It is true that the distributive process by which the burdens and rewards that society has to offer are shared varies from society to society.
How the people in any given region divide burdens and rewards among themselves depends in large part on factors like the geography of the region and the propensity of the people established based on it. Additionally, the patterns of burden and reward distribution vary depending on the region's diverse demographics.
Distributive justice is the equitable distribution of costs and benefits in a society. Armstrong claims that distributive justice ensures that everyone member of a society bears some of the burden and benefits of living. Distribution justice is concerned with the equitable distribution of advantage among various social members.
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Janet prefers cashews to almonds. She prefers macadamia nuts to peanuts, but she is indifferent between almonds and peanuts. Which of the following statements can we say for sure? Janet prefers macadamia nuts to almonds. Janet prefers almonds to macadamia nuts. Janet prefers cashews to macadamia nuts. Janet prefers peanuts to cashews.
The statement that can be said for sure woiuld be that Janet prefers macadamia nuts to almonds. Option A
What is meant by preferences?The quality of preferring one item or person over another: She prefers comfortable clothing to fashionable attire. I much like sweet cuisine than hot stuff. The selection of furniture is mostly a question of taste.
Preference is the ranking that an agent assigns to options based on their relative utility in economics and other social sciences. a procedure that yields the "best option" (whether real or theoretical). Preferences are assessments of values, usually in light of practical considerations.
Economists refer to everything we desire in life as "tastes and preferences." These preferences can be little, such as the toppings we enjoy on our pizza, or more significant.
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g changes in prices of a good causes movement along the demand curve. movement along the supply curve. no movement along either curve. both a and b.
The changes in prices of a good causes movement along the demand curve. According to the economics, the variation of change price with the demand curve.
The demand curve is the graphical representation between the demand of the commodity and the amount of price, and also with supply curve, quantity of products.
The demand curve represents the increasing products demand with the changes in prices curve with remain all the constant same.
The demand curve, when the prices change is along the quantity demand curve. The demand curve will be upward and downward with respect to other factors.
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a local business that hires a sign holder to stand on the sidewalk, trying to catch the attention of passersby by promoting a special marketing event, is using .
A local business that hires a sign holder to stand on the sidewalk, trying to catch the attention of passer by promoting a special marketing event, is using guerrilla marketing.
What is Guerrilla marketing?
Guerrilla marketing is the employment of creative, unorthodox strategies to increase sales or spark interest in a product or company. These techniques frequently entail low- or no-cost usage of more casual contacts or through viral social media messaging.
What makes guerrilla marketing so effective?
Campaigns that use Guerilla marketing are distinctive, out-of-the-box, and have a history of influencing consumers. Customers who experience a successful campaign are left amazed, intrigued, and curious about the product and/or service. This marketing tactic aids in increasing brand memory.
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Which of the following statements are true regarding dividends? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer) O A stock dividend commonly indicates management's confidence that the company doing well O A stock dividend increases the number of outstanding shares O A stock dividend increases the number of authorized shares O Stock dividends are a mechanism to keep the market price of stock affordable On January 15, the end of the first pay period of the year, North Company's employees earned $48,000 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $3,100 of federal income taxes. 1,037 of medical insurance deductions, and $130 of union dues. No employee earned more than $7,000 in this first period Prepare the journal entry to record North Company's January 15 salaries expense and related liabilities View transaction list Journal entry worksheet 1 Record the employee payroll for period. Note: Enter debits before credits General Journal Debit Credit Date Jan 15 Record entry Clear entry View general journal
The correct option is option A and B .a) A stock dividend commonly indicates management's confidence that the company doing well b) A stock dividend increases the number of outstanding shares
Salary Expense 48,000 FICA Social Security Tax 2,976 FICA Medicare Tax 698 Federal Income Tax 3,100 Medical Insurance Deductions 1,037 Union Dues 130 Cash 42,059 Total 48,000 Total 48,000.
Tax relief or tax cuts offered by the government, "tax deduction" and "tax exemption," both refer to a reduction in taxable income. Tax exemptions, however, can also include reduced rates, no taxes at all, and simply a portion of your income being taxed.
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Indicate whether each of the following transactions would increase (+), decrease (-), or not affect (N/A) total assets, total liabilities, and total stockholders equity.
An agreement between a buyer and a seller to exchange products, services, or financial assets in exchange for money is a transaction.
What are the types of transactions?Financial transactions in a business typically fall into one of four categories. Sales, purchases, receipts, and payments are the four sorts of financial transactions that have an effect on the firm.What are the effects of the transaction?Transaction Total Assets Total Liabilities Total Stockholders
Equity
(a) Declared cash
dividend. Not affect Increase Decrease
(b) Paid cash
dividend declared(a) Decrease Decrease Not affect
(c) Declared stock
dividend. Not affect Not affect Not affect
(d)Distributed stock
dividend declared in (c) Not affect Not affect Not affect
(e)Split stock 3-for-1. Not affect Not affect Not affect
An agreement between a buyer and a seller to exchange products, services, or financial assets in exchange for money is a transaction.
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Acme Manufacturing is considering a project that requires an investment in new equipment of $4,000,000, with an additional $200,000 in shipping and installation costs. Acme estimates that its accounts receivable and inventories need to increase by $800,000 to support the new project, some of which is financed by a $320,000 increase in spontaneous liabilities (AP and accruals).The total cost of acme's new equipment is _______ and consists of the price of the equipment plus the ____. In contrast, acme's initial investment outlay is ______.
If Acme Manufacturing is considering a project that requires an investment in new equipment of $4,000,000, The total cost of acme's new equipment is $4,680,000 and consists of the price of the equipment plus the assets' installation, shipping, and delivery costs. In contrast, acme's initial investment outlay is $4,200,000.
How to find the total cost and the initial investment outlay?a. Total cost
Using this formula to find the total cost
Total cost = New equipment + Additional shipping + ( Increase in account receivable - Increase in spontaneous liabilities)
Let plug in the formula
Total cost = $4,000,000 + $200,000 + ($800,000 - $320,000)
Total cost = $4,000,000 + $200,000 + $480,000
Total cost = $4,680,000
b. Initial investment outlay
Initial investment outlay = $4,000,000 + $200,000
Initial investment outlay = $4,200,000
Therefore the total cost of acme's new equipment is $4,680,000 and the acme's initial investment outlay is $4,200,000.
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