Answer:
b. debit Finished Goods Inventory $4,500 and credit Work in Process Inventory $4,500.
Explanation:
In manufacturing accounting, a good under production is held as a Work in Process Inventory. This implies the production of the good is not yet complete. At this stage, the Work in Process Inventory is debited with cost of the good under production.
Immediately the production of the good is complete, the good will be transferred to Finished Goods Inventory. At this stage, the Finished Goods Inventory is debited with the cost of the good which it production has been completed.
From the question, it stated that In Mynex Company completes Job No. 26 at a cost of $4,500 before it later sells it for $7,000 cash. Among all the options given, only correct option is b. debit Finished Goods Inventory $4,500 and credit Work in Process Inventory $4,500.
This is because option b. shows that Job No. 26 has been completed at a cost of $4,500. Based on the explanation above,the company has to debit Finished Goods Inventory $4,500 and credit Work in Process Inventory $4,500.
It should be noted that we are to record the completion of Job No. 26 first, not the sale of it.
Which of the following statements best explains why income alone does not determine
wealth?
Investing is the only factor that contributes to wealth building,
How much money a person makes does not dictate his or her spending and saving
behavior.
Income alone does determine a person's wealth.
Only people who are natural savers can become wealthy.
Answer:
[tex]\boxed {\boxed {\sf B. \ How \ much \ money \ a \ person \ makes \ doesn't \ dicate \ their \ spending/saving \ behaivor }}[/tex]
Explanation:
Wealth is the amount of assets someone has, minus the debts.
It is made up of a variety of assets, like cars/vehicles, homes/real estate, stocks, savings, income, bonds, and more.
In addition, the debts have to be subtracted. Each person has a different amount of debt, depending on their situation (education, home, vehicle, business, etc). Also, everyone spends different amounts of money, and saves differently.
So, the best answer is: how much money a person makes does not dictate his or her spending and saving behavior.
How is a credit union different from a bank?
A credit union offers services to companies instead of individuals.
A credit union only offers credit; it does not store money.
A credit union is usually larger than a bank.
A credit union is owned by its customers.
Answer:
D
Explanation:
A credit Union is owned by its customers.
Answer:
D
Explanation:
A credit union is owned by its customers.
The point of ______ it to get companies to think about the broader market, rather than only optimizing their own needs. This can avoid price wars.
A. conjoint analysis
B. game theory
C. elasticity
D. Competition
Answer:
B. Game theory.
Explanation:
This said theory was first geared by a mathematician John von Neumann and also an economist Oskar Morgenstern in the 1940s.
It is explained to be a science of strategy, or at least the optimal decision-making of independent and competing actors in a strategic setting.
It is a strategy which explains also that decision making is seen to depend on what the opposing or counter player is seen to do in may cases. Therefore what a lot of people tag to be luck or even a pure or natural chance is said to be eliminated by the plans which has been put to place by the opposing players.
Question 2 of 10
Investors who go through a capital formation process can expect:
A. a decrease in the diversity of their capital investments.
B. their capital to be used to fund high-risk investments.
C. banks to take control over a large portion of their capital.
O
D. the amount of capital they control to increase.
SUBMIT
Answer:
B. their capital to be used to fund high risk investments.
Explanation:
I think
Investors who go through a capital formation process can expect their capital to be used to fund high-risk investments. Retained earnings, loan capital, and equity capital are the three main sources of company finance.
What is the meaning capital formation?Capital Formation is defined as the portion of a country's current output and imports that is not consumed or exported during the accounting period but instead added to its stock of capital goods.
There are various categories of total capital formation. Gross Fixed Capital Formation.
Thus, option B is correct.
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Culver Corporation bought equipment on January 1, 2017. The equipment cost $460000 and had an expected salvage value of $45000. The life of the equipment was estimated to be 6 years. The depreciation expense using the straight-line method of depreciation is:_____.a. $84167.
b. $92000.
c. $69167.
d. none of these.
Answer:
Annual depreciation= $69,166.67
Explanation:
Giving the following information:
Purchase price= $460,000
Salvage value= $45,000
Useful life= 6 years
To calculate the depreciation expense, we need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (460,000 - 45,000) / 6
Annual depreciation= $69,166.67
Lollipop, Inc., is expected to grow at a constant rate of 9 percent. The company will pay a dividend of $2.75 next year and the current price of the stock is $37.35. If investors require a return of 18% on similar stocks, how much is the stock worth and is it a good buy?
a . No, it is not a good buy because the stock is worth $30.56
b. Yes, it is a good buy because the stock is worth 37.35
c. No, it is not a good buy because the stock is worth $9.50
d. None of the above
Answer:
a . No, it is not a good buy because the stock is worth $30.56
Explanation:
Calculation for how much is the stock worth and is it a good buy
Using this formula
Stock worth=D1/(Required return-Growth rate)
Let plug in the formula
Stock worth=2.75/(0.18-0.09)
Stock worth=2.75/0.09
Stock worth=$30.55
Stock worth=$30.56(Approximately)
Based on the above calculation we can see that the current price of the stock of the amount of $37.35 is higher than the current worth amount of the stock of the amount of $30.56 which indicates that " No, it is not a good buy because the stock is worth $30.56"
Create a list of five action verbs you might use on a job application to describe skills and/or work history. Here are some examples: (organized, produced, selected, coordinated, contributed). Find five other than the examples.
Answer:
Examples:
• accomplished
• designed
• initiated
• supervised
• addressed
• corresponded
• persuaded
• publicized
• reconciled
• executed
• monitored
• operated
• consolidated
• appointed
• delegated
• established
Explanation:
Action verbs: One type of power word is an action verb. This kind of verb shows your ability to succeed. These words demonstrate the skills you have used in previous jobs to achieve success. I added in some more because I'm extra.
Hope this helps. :)
Action verb describes motion, which includes running, jumping, kicking, beating, breaking, crying, smiling, or thinking.
What are Action verbs?Action verbs are additionally referred to as bendy actions, explicit motions whether not bodily or mental. The verb describes what the sentence maker is doing.
So are a few examples of the action verbs are:
planning (you can plan accordingly - for example, your daily life and your plan)Include (such as tasks or other items that can help complete a task on time)Analyze (this will be great, so review the details, analyze the issue to manage it, but also follow the rules)You're ready (good and ready for the start of your shift, or maybe you have the stuff for the next shift that will start after you)Design (this can be followed by several tasks, you have the skills to design / present ideas to the table such as website ideas, sales items to attract sales, pick lines to sell items)
Thus, action verbs are good to include in your resume as well, this makes your skills stand out.
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Explain what us meant by the phrase “ethical behavior”.
Answer: Something is ethical if it does not cause harm and society considers it to be good. Ethical behavior is generally any action that furthers a good outcome for someone else without causing intentional harm to anyone.
Explanation:
If something produces no harm and is seen as morally upright by society, it is ethical. A general definition of ethical behavior is any action that helps someone else without intentionally hurting someone else.
What is “ethical behavior”?Ethical behavior is characterized by honesty, justice, and equity in interpersonal, professional, and academic relationships as well as in research and intellectual endeavors.
A few examples of ethical workplace conduct include adhering to company standards, communicating clearly, accepting responsibility, being accountable, acting professionally, and having faith in and respect for your coworkers.
People must act morally if we want to speak the truth, keep our word, or help a complete stranger. An ethical framework that helps us avoid unfair results and makes decisions that have a good impact on the world serves as our guidance for daily decision-making.
Thus, If something produces no harm and is seen as morally upright by society.
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A job was budgeted to require 4 hours of labor per unit at $11.00 per hour. The job consisted of 7,000 units and was completed in 24,000 hours at a total labor cost of $312,900. What is the direct labor rate variance?
Answer:
$48,900 Adverse
Explanation:
The direct labor rate variance seeks to establish the difference in the wage rate that was budgeted for and the one actually incurred on the quantities used.
direct labor rate variance = Aq × Ap - Aq × Sp
= (24,000 hrs × $13.04) - (24,000 hrs × $11.00)
= $312,900 - $264,000
= $48,900 Adverse
D. Galaxy Jewelers sells diamond necklaces for $299.00 less 25%. Brilliant Jewelers
offered the same necklace for $350.00 less 35%, and 10%. What additional rate of
discount must Galaxy offer to meet the competitor's price?
A shift from labor to equipment is:
Answer:
In summary, labor supply is the total hours that workers or employees are willing to work at a given wage rate. Changes in income, population, work-leisure preference, prices of related goods and services, and expectations about the future can all cause the labor supply to shift to the right or left.
What is the expected return on the portfolio if the investor puts 55 percent of available funds in technology stocks, 12 percent in pharmaceutical stocks, 20 percent in utility stocks, and 13 percent in the savings account?
Answer: See Explanation
Explanation:
You didn't indicate the assets and their expected returns but I found one online which I can use as an example.
Let's say the portfolio has assets that has the following return:
Technology stocks = 20%
Pharmaceutical stocks = 15%
Utility stocks = 10%
Savings account = 5
Technology stocks:
Weight = 55%
Expected return = 20%
Weighted return = 55% × 20%
= 0.55 × 0.2 = 0.11 = 11%
Pharmaceutical stocks
Weight = 12%
Expected return = 15%
Weighted return = 12% × 15% = 0.12 × 0.15 = 0.018 = 1.8%
Utility stocks
Weight = 20%
Expected return = 10%
Weighted return = 20% × 10%
= 0.2 × 0.1 = .02 = 2%
Savings account
Weight = 13%
Expected return =5%
Weighted return = 13% × 5% = 0.65%
Expected return on the Portfolio will be:
= 11% + 1.8% + 2% + 0.65%
= 15.45%
Note that:
Weighted return = Weight × Expected return
Gallardo Co. is involved in a lawsuit as a result of an accident that took place September 5, 2017. The lawsuit was filed on November 1, 2017 and claims damages of $1,000,000. (a) At December 31, 2017, Gallardo's attorneys feel it is remote that Gallardo will lose the lawsuit. How should the company account for the effects of the lawsuit? (b) Assume instead that a December 31, 2017, Gallardo's attorney feel it is probable that Gallardo will lose the lawsuit and be required to pay $1,000,000. How should the company account for this lawsuit? (c) Assume instead that at December 31, 2017, Gallardo's attorneys feel it is reasonably possible that Gallardo could lose the lawsuit and be required to pay $1,000,000. How should the company account for this lawsuit?
Answer:
Following are the solution to the given points:
Explanation:
In point a, As it would be impossible that although the failure of the lawsuit is remote, the same cannot be recorded as well as avoided.
In point b, Its prosecutor thinks Gallardo's failure of the case (which would be likely to occur) is therefore likely to be reported throughout the books, that legal expenses must be paid and the civil responsibility measured at $10,00000 credited.
In point c, In the case is fairly probable, this can occur only if it is reported throughout the corresponding Balance Sheet accounts.
Edelman Engines has $16 billion in total assets — of which cash and equivalents total $120 million. Its balance sheet shows $3.2 billion in current liabilities — of which the notes payable balance totals $0.84 billion. The firm also has $7.2 billion in long-term debt and $5.6 billion in common equity. It has 400 million shares of common stock outstanding, and its stock price is $27 per share. The firm's EBITDA totals $1.404 billion. Assume the firm's debt is priced at par, so the market value of its debt equals its book value. What are Edelman's market/book and its EV/EBITDA ratios? Do not round intermediate calculations. Round your answers to two decimal places.
Answer:
market/book ratio = 1.93
EV/EBITDA ratio = 15.01
Explanation:
market/book ratio = market price per share / book price per share
market price per share = $27book value per share = $5,600,000,000 / 400,000,000 = $14market/book ratio = $27 / $14 = 1.93
EV/EBITDA ratio = EV (enterprise value) / EBITDA
enterprise value = market value of equity + total liabilities - cash & cash equivalents = $10,800,000,000 + $10,400,000,000 - $120,000,000 = $21,080,000,000EBITDA = $1,404,000,000EV/EBITDA ratio = $21,080,000,000 / $1,404,000,000 = 15.01
Among us how can u play on a school iPad
Answer:
pretty sure you canttttttttttttttttttttttttt
Whether people use automatic or controlled processing for reacting to a persuasive message is often a function of ________.
A) time
B) their level of interest in it
C) heuristics
D) effort
E) availability of research
You are going to invest in Asset J and Asset S. Asset J has an expected return of 11.2 percent and a standard deviation of 52.2 percent. Asset S has an expected return of 8.2 percent and a standard deviation of 17.2 percent. The correlation between the two assets is .50. What are the standard deviation and expected return of the minimum variance portfolio?
Answer:
7.98%
8.61%
Explanation:
wj = [(0.172)² - 0.50x0.522x0.172)/((0.522)²+(0.172)²-2x0.50x0.522x0.172]
= - 0.07211
Expected returns
= (-0.07211)x 0.112+(1-(-0.07211))x0.082
= 7.98367%
Standard deviation
=√((-0.07211)x(0.522²+((1-(-0.07211))x0.172)²+2x(-0.07211)x(1-(-0.07211))x0.522x0.172x0.5)
This gives us a standard deviation of
= 8.61054%
The expected return = 7.98%
The standard deviation = 8.61%
October 2010, the amount of money held by individuals and companies was $893.4 billion; checkable deposits owned by the same individuals and companies were $345.6 billion; money market funds were $1.9423 trillion; savings deposits were $989.4 billion, finally, time deposits were $243.8 billion.
What is the M1 for October 2010?
Answer:
M1 $1.24 trillion
M2 $4.41 trillion
M1 and M2 money have several definitions, ranging from narrow to broad. M1 = coins and currency in circulation + checkable (demand) deposit + traveler's checks. M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits.
Federal facilities, and the security measures they require, are divided into five levels. A ________ facility has more than 450 employees, 80,000 to 250,000 square feet of office space, and a high volume of public contact.
Answer:
Level IV
Explanation:
Security levels of United States Federal buildings are used to allocate safety measures such as glazing to reduce injury from broken glass, distance for traffick to the building, and prevention of building collapse.
There are levels one to five.
Level IV facilities has more than 450 employees, 80,000 to 250,000 square feet of office space, and a high volume of public contact.
Usually used by law enforcement or ntelligence agencies such as ATF, FBI, DEA, and Federal courts
which of the following would be considered a want rather than a need for most people?
CBA Inc has 400,000 shares outstanding with a $5 par value. The shares were issued for $12. The stock is currently selling for $34. CBA has $5,000,000 in retained earnings and has declared a stock dividend that will increase the number of outstanding shares by 6%. How many shares will be outstanding after the stock dividend?
Answer:
The number of shares that will be outstanding after the stock dividend is 424,000 shares.
Explanation:
This can be calculated as follows:
Number of shares outstanding before the stock dividend = 400,000
Percentage increase in the number of outstanding shares after stock dividend = 6%
Number of increase in the number of outstanding shares after stock dividend = Number of shares outstanding before the stock dividend * Percentage increase in the number of outstanding shares after stock dividend = 400,000 * 6% = 24,000
Therefore, we have:
Number of shares outstanding after the stock dividend = Number of shares outstanding before the stock dividend + Number of increase in the number of outstanding shares after stock dividend = 400,000 + 24,000 = 424,000
Therefore, the number of shares that will be outstanding after the stock dividend is 424,000 shares.
what is the effect of contractionary fiscal policy in the short run?
Answer:
D. It will decrease the output level
Explanation:
Answer: d
Explanation:
How might different types of office design influence employee social interaction, collaboration, and creativity? Should there be encouraged even in organizations without an innovative culture?
Answer:
The definition is defined in the clarification section following, according to the particular circumstance.
Explanation:
As either a consequence of any understanding that growing the success of their workforce would be the primary objective, certain corporations are rational organizations. Whenever we prefer seeing it as a data work economy, therefore say that perhaps the organization's workers are the driver that makes the business develop, grow and innovate. Via the job style, the efficiency of the employees of the organization could be supported and overall productivity could be exaggerated by enhancing their quality of life as well as wellbeing.From arranging the surface including its ground, the function style could be done to allow the naturally lightweight to infiltrate into another surface in an incredibly appropriate volume. As an example, organizations are going to use sunglasses throughout areas where privacy is not necessary. The views should be expanded and the outside room including its offices should then be provided to the workers for their use. In recess, workers can be encouraged to go somewhere so they can relax.Employees may also be equipped with headphones or modern techniques such as auditory masking to concentrate on their output without distracting them from being interrupted. It can also be normal for break spaces to construct the workers to feel pressure incredibly very challenging day. If businesses do not have a creative culture, so they can mutually enable workers to be discomfort and also have a straightforward mindset through thinking and they'll use something in their jobs or otherwise exaggerate performance, although as a consequence of the whole fashion. These are not created, they are the basic needs that should be supplied by every organization.Here is a attached photo to my problem needing a answer
Answer:
That is a good photo that is a problem that needs an answer.
Explanation:
It doesn't have a photo :))
In terms of the global marketplace there are three primary types of companies: international firms, multinational firms, and transnational firms.The key factor that distinguishes one from another is:________. A) the firm's financial capacity to take risks. B) the willingness and ability to embrace diversity. C) the firm's orientation toward and strategy for global markets and marketing. D) the relative position of the product or service in terms of its life cycle. E) the relative size of the firm both in financial terms and in production capacity.
Answer: C) the firm's orientation toward and strategy for global markets and marketing.
Explanation:
International firms are firms that has its main headquarters in a particular country while still having offices in other countries.
For a multinational firms, products are being marketed to different countries in different ways while a transnational firm is a firm that deals with the production of goods and services internationally in more than a country.
The key factor that distinguishes one from another is the firm's orientation toward and strategy for global markets and marketing.
a.
If you are leaving a company in which certain people have supported your career and your efforts, it is reasonable and
polite to
Cut them out of your life
b. Tell your boss they are great
Give them an expensive gift
d. Write them a thank you note
If an individual left a company where the people are very supportive of him/her, then an individual should write a thank you note to the company.
Option D is the correct answer.
What is a company?A company is an organization or entity that hires an employee based on his/her qualifications. The company can be private or public depending on the structure and its working criteria.
When an individual resigns from a company where he/ she gets support and appraisal from their seniors during their working time, then he/she must draft a thank you note to the company which shows a reasonable and polite behavior of that individual. In the note, he/she can tell their experience with the company and improvements throughout the whole working journey.
Therefore, the reasonable and polite way is to draft a thank you note for the company that supports the individual in their working journey.
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Answer:
B: Tell your boss they are great
Explanation:
Sankey Co. has earnings per share of $4.40. The benchmark PE is 197 times, What stock price would you consider appropriate? A. 42.98 B. $2410 C. $65.73 D. $86.68E. $44.77
Answer:
$44.77
Explanation:
Sankey corporation has earning per share of $4.40
The benchmark PE is 197 times
Therefore the appropriate stock price can be calculated as follows
= 197/4.40
= $44.77
Hence the appropriate stock price is $44.77
Larry recorded the following donations this year: $550 cash to a family in need $2,450 to a church $550 cash to a political campaign. To the Salvation Army household items that originally cost $1,250 but are worth $350.What is Larry's maximum allowable charitable contribution if his AGI is $60,500?a. $1,100.b. $4,800.c. $2,800.d. None of the choices are correct.e. $3,000.
Answer: c. $2,800.
Explanation:
Given data:
Cash to family members =$550
Cash to church = $2450
Cash for political campaigns = $550
Larry’s AGI = $60,500
Solution:
= $2450 to church + $350 on house hold items
= $2800.
Larry would only be allowed to count his contributions to the church, and the real value for the house hold items as his charitable contributions. Because both are recognized as non-profit organization's.
Larry's maximum allowable charitable contribution is $2,800. The Option C.
What is Larry's maximum allowable charitable contribution if his AGI is $60,500?Given data:
Cash to family members =$550Cash to church = $2450Cash for political campaigns = $550Larry’s AGI = $60,500Larry's maximum allowable charitable contribution if his AGI is $60,500 is:
= $2450 to church + $350 on house hold items
= $2800.
Therefore, Larry would only be allowed to count his contributions to the church and the real value for the house hold items as his charitable contributions. Therefore, the Option C is correct.
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Discuss why two people with similar abilities may have very different expectancies for performing at a high level.
Answer:
Because they're two different people
Explanation:
The main and major reason why, is the obvious one. The first reason that comes to the mind.
Because they are two different people. Different people have different goals, hopes and aspirations. And even those that share them go through different paths while carrying them out. The minds of the two individuals are not the same, and despite the fact that they have similar abilities, they might not necessarily get the job done on time because of other commitments either of them have. Even if they both have none, there's always a distinguishing factor, and that will always trump, thus making them have different expectancies for performing at a high level.
Explain why intellectual property rights are important in a society that allows its
Citizens freedom of ownership.
Answer:
Individuals have used their time, creativity, and skills to develop intellectual property, just as others have used their time and skills to make products or to provide services. Intellectual property protection is critical to fostering innovation. Without protection of ideas, businesses and individuals would not reap the full benefits of their inventions and would focus less on research and development.
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