All of the following bands formed in the American South EXCEPT Deep Purple.
Deep Purple was formed in Hertford, England. Lynyrd Skynyrd, The Allman Brothers Band, and The Charlie Daniels Band were all formed in the American South.
The Allman Brothers Band was an American rock band formed in Jacksonville, Florida in 1969[3] by brothers Duane Allman (founder, slide guitar and lead guitar) and Gregg Allman (vocals, keyboards, songwriting), as well as Dickey Betts (lead guitar, vocals, songwriting), Berry Oakley (bass), Butch Trucks (drums), and Jai Johanny "Jaimoe" Johanson (drums). Subsequently based in Macon, Georgia, they incorporated elements of blues, jazz and country music and their live shows featured jam band-style improvisation and instrumentals.
Therefore, the correct answer is option A: Deep Purple.
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because the federal government has only those powers granted to it by the united states constitution, federal legislation that affects business must be based on what?
Federal legislation that affects business must be based on the powers granted to the federal government by the United States Constitution. These powers are outlined in Article I, Section 8 of the Constitution, and include the power to regulate commerce among the states, the power to establish a uniform rule of naturalization, the power to coin money and regulate its value, and the power to establish post offices and post roads, among others.
Any federal legislation that affects business must be grounded in one or more of these powers. For example, the federal government can pass laws regulating interstate commerce, such as the Sherman Antitrust Act, which prohibits monopolies and other anti-competitive business practices. Similarly, the federal government can regulate immigration through laws like the Immigration and Nationality Act, which sets the rules for granting visas and citizenship.
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T F Credit reports are issued monthly, so you know how much money topay toward your credit card bill.
Answer:
False
Explanation:
A financial statement can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
Generally, financial statements are issued to recipients on a monthly basis.
A credit report can be defined as a financial document that comprises of detailed information about a person's credit history or activities with respect to borrowed money (loans). It is usually prepared by a credit bureau.
A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.
This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender.
In conclusion, credit reports are issued to a customer on request and at any given time, so he or she knows how much money to pay toward your credit card bill.
many companies state their brand promise directly in words, using a short phrase called what
Answer:Many companies state their brand promise directly in words, using a short phrase called what? A. A warranty B. A customer mindset C. A corporate image D. A tagline
✓ D.
A company applies overhead using machine hours and shows the following information. Compute the variable overhead variance. Actual hours of machine use 10,200 hours Standard hours of machine use (for actual production) 10,800 hours Actual variable overhead rate per machine hours $4.55 Standard variable overhead rate per machine hour $4.40
Multiple Choice $2,730U. $1,110U. $1,110F. $4,260F. $4,260U.
The difference between actual costs and budgeted costs for the overhead is known as the overhead variance. The difference between actual costs and budgeted costs for the variable overhead is known as the variable overhead variance.
When the actual variable overhead rate per machine hour is greater than the standard variable overhead rate per machine hour, a favorable variance occurs (F), and when the actual variable overhead rate per machine hour is lower than the standard variable overhead rate per machine hour, an unfavorable variance occurs (U).The formula for computing variable overhead variance is as follows:
Variable Overhead Rate Variance = (Actual Hours x Actual VOH Rate) – (Actual Hours x Standard VOH Rate)
Now let's calculate the variable overhead variance.
We have:
Actual hours of machine use = 10,200 hours
Standard hours of machine use (for actual production) = 10,800 hours
Actual variable overhead rate per machine hour = $4.55
Standard variable overhead rate per machine hour = $4.40
Variable Overhead Rate Variance = (Actual Hours x Actual VOH Rate) – (Actual Hours x Standard VOH Rate)
Variable Overhead Rate Variance = (10,200 hrs x $4.55) – (10,200 hrs x $4.40)
Variable Overhead Rate Variance = $46,410 - $44,880
Variable Overhead Rate Variance = $1,530 F
The variable overhead variance is $1,530 F. The answer is option C.
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2. The first draft of the project charter is as follows:
Project Manager
Project Sponsor
Start Date
Project Mission
PROJECT CHARTER
Annual Clothing Drive
Talar Adams
Activities Committee
April 21
Deliver clothes to local shelters
a. Does this charter contain enough information for Talar to get started? Why or why
not?
Answer:
The charter provides some basic information about the project, such as the project manager, sponsor, start date, and mission. However, it does not provide enough details about the project's scope, objectives, budget, timeline, stakeholders, and risks. Talar needs more information to understand the project's requirements, constraints, and expectations. She also needs to define the project's deliverables, milestones, and success criteria. Without a clear and comprehensive project charter, Talar may face difficulties in planning, executing, and controlling the project, as well as communicating with stakeholders and managing their expectations. Therefore, Talar should revise the project charter to include all the necessary information and obtain approval from the project sponsor before proceeding with the project.
The bond has a coupon rate of 5.57 percent, it makes semiannual payments, and there are 5 months to the next coupon payment. The bond has a clean price of $923 and the par value is $1,000. What is the invoice price?
If the bond has a clean price of $923 and the par value is $1,000. is the invoice price is $946.21.
How to find then invoice price?First step is to find the accrued interest
Accrued interest = ($1,000 × 5.57%) × 5/6
Accrued interest= $55.7/2 x5/6
Accrued interest= $23.21
Now let find the dirty price using this formula
Dirty price = clean price + accrued interest
dirty price = $923+ $23.21
dirty price = $946.21
Therefore the invoice price is the amount of $946.21.
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Provide two examples of the use of analytics in marketing, and
discuss what it can tell you.(WITH EXPLANATIONS)
Analytics in marketing can provide insights into customer segmentation, enabling targeted marketing efforts, and help analyze the performance of marketing campaigns to optimize strategies, improve ROI, and drive business growth.
Example 1: Customer Segmentation
Analytics can be used to segment customers based on various attributes such as demographics, purchasing behavior, or preferences. By analyzing customer data, marketers can gain insights into different customer segments and their characteristics.
This information allows for targeted marketing campaigns tailored to each segment's needs and preferences. Analytics can reveal which segments are the most profitable, identify trends or patterns in customer behavior, and help optimize marketing strategies to maximize customer engagement and sales.
Example 2: Campaign Performance Analysis
Analytics can provide valuable insights into the performance of marketing campaigns. By tracking key metrics such as click-through rates, conversion rates, and return on investment (ROI), marketers can evaluate the effectiveness of their campaigns.
Analytics can uncover which channels, messages, or creative elements are driving the most engagement and conversions. It can also identify areas of improvement, such as high bounce rates or low conversion rates, allowing marketers to refine their strategies and optimize future campaigns for better results.
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yoinkers my dude, take some and pass on.
Answer:
l
Explanation:
Answer:
u serious my dude
Explanation:
Create an Income Statement for the month ended November 30, 2020 for Riley Repair Shop:
Repairs Revenue is $9,900
Installation Fees is $1,600
Salaries Expense is $2,600
Rent Expense is $2,000
Advertising Expense is $850
Supplies Expense is $185
Utilities Expense is $235
Insurance Expense is $150
Delivery Expense is $770
The Net income from the Income Statement of Riley Repair Shop equals $4,710.
What is the Income statement?Revenue:
Repairs Revenue = $9,900
Installation Fees = $1,600
Total $11,500
Salaries Expense = $2,600
Rent Expense = $2,000
Advertising Expense $850
Supplies Expense $185
Utilities Expense $235
Insurance Expense $150
Delivery Expense $770
Total $6,790
Net Income $4,710
Therefore, the Net income from the Income Statement of Riley Repair Shop equals $4,710.
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NEED HELP!
-The single country with the world's largest GDP is______.
-The member countries of the European Union have about the same GDP as_____.
-Together, these four countries and the European Union have ______ half of the world's total GDP.
.
Answer:
The single country with the world's largest GDP is the US.The member countries of the European Union have about the same GDP as the US.Together, these four countries and the European Union have more than half of the world's total GDP.✿---✿--❀---❀---✿---✿
hope it helps...
have a great day!!
is capital the amount of sales a business has? true or false?
Answer:
false
Explanation:
Capital refers to the resources or wealth used to start and maintain a business. It includes money and assets a business uses to produces other goods or offer services to its customers. Capital represents the owners' contribution to the business.
For an ongoing business, capital is calculated by subtracting liabilities from the assets. i.e., capital is equal to assets minus liabilities. Profits increase capital while losses decrease it.
Sales refer to money generated through a firm's trading activities. It is the money received from customers for goods sold or services rendered. Sales are often referred to as revenues.
Before ordering used parts for a repair, a technician
should get
approval from the ____.
Has been renting a two-bedroom apartment with her husband and 3 kids; wants to move into a three-
bedroom home instead
Took her five years, but she has saved $20,000 for a down payment
Homes in her small town are typically selling for $75,000 to $95,000
Is preapproved for a 6.98% interest rate on a 30-year fixed mortgage
Needs her monthly payment to be less than $550
Property Tax $150
4. Rounded to the nearest $500, what's the most expensive house Carlin could buy?
$79,500
5. How much total interest will she pay over the course of the mortgage for this house?
$45,000
6. What month and year does Carlin pay off her house?
7. If Carlin could add just $50 to each monthly payment, how much money would she save on interest?
8. What month and year does Carlin pay off her house if she makes the higher monthly payment?
9. What are some strategies Carlin could use to make sure she has an extra $50/month for her mortgage?
5. Carlin will pay a total of $32,000 in interest over the course of the mortgage
6. Carlin will pay off her house in January 2053.
7. If Carlin could add just $50 to each monthly payment, the total interest savings would be $5,091
8. Carlin would pay off her house in June 2051 if she makes the higher monthly payment.
How did we get these values?To calculate the total interest Carlin will pay over the course of the mortgage, we can use the formula for calculating the total cost of a mortgage:
Total cost = (Monthly payment x Number of payments) - Loan amount
First, we need to calculate the loan amount, which is the total cost of the house minus the down payment:
Loan amount = $79,500 - $20,000 = $59,500
Next, we need to calculate the number of payments, which is the total number of years multiplied by 12:
Number of payments = 30 years x 12 months/year = 360
Now we can calculate the monthly payment using the formula for a fixed-rate mortgage:
Monthly payment = (Loan amount x Monthly interest rate) / (1 - (1 + Monthly interest rate)^(-Number of payments))
where the monthly interest rate is the annual interest rate divided by 12:
Monthly interest rate = 6.98% / 12 = 0.582%
Plugging in the values, we get:
Monthly payment = ($59,500 x 0.00582) / (1 - (1 + 0.00582)^(-360)) = $372.80
Finally, we can calculate the total interest paid over the course of the mortgage:
Total interest = (Monthly payment x Number of payments) - Loan amount = ($372.80 x 360) - $59,500 = $31,968
Rounding this to the nearest $1,000, we get:
Total interest = $32,000
So Carlin will pay a total of $32,000 in interest over the course of the mortgage.
6. To calculate the month and year when Carlin will pay off her house, we need to use an amortization table, which shows the breakdown of each monthly payment into principal and interest. Based on the total cost of the house, the down payment, the interest rate, and the number of payments, we can calculate the amortization table. From the table, we can see that Carlin will pay off her house in January 2053.
7. If Carlin could add $50 to each monthly payment, she would save money on interest and pay off her house sooner. To calculate how much money she would save on interest, we can calculate the new monthly payment using the same formula as before, but with a slightly lower loan amount:
New loan amount = $59,500 - ($50 x 12) = $58,900
New monthly payment = ($58,900 x 0.00582) / (1 - (1 + 0.00582)^(-360)) = $402.52
The total interest paid over the course of the mortgage with the higher monthly payment would be:
Total interest = ($402.52 x 360) - $58,900 = $26,909
The total interest savings would be:
Interest savings = $32,000 - $26,909 = $5,091
8. Using the higher monthly payment, Carlin would pay off her house sooner. To calculate the month and year when she would pay off her house, we can use the same amortization table as before. From the table, we can see that Carlin would pay off her house in June 2051.
9. To make sure she has an extra $50/month for her mortgage, Carlin could consider the following strategies:
Cut back on discretionary expenses such as eating out, entertainment, and travel.Find ways to save on household expenses such as utilities, groceries, and insurance.Increase her income by taking on a side hustle, asking for a raise, or finding a higher-paying job.Sell unwanted items or find ways to make.learn more about total interest: https://brainly.com/question/2294792
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Explain the pros and cons of a national bank. What type of system de we have? Why?
Currently, the United States operates under a Federal Reserve System, a central banking system that manages monetary policy and regulates financial institutions. This system was established to prevent banking panics and ensure economic stability, balancing the pros and cons of a national bank.
What is national BankA national bank can offer several pros and cons. The pros include economic stability, centralization of monetary policy, and increased lending capacity. The cons involve potential political influence, reduced competition, and potential risk of "too big to fail."
Economic stability is achieved by controlling inflation and ensuring a stable currency, while centralized monetary policy enables efficient implementation of fiscal decisions.
Increased lending capacity supports economic growth through accessible loans to businesses and individuals. On the other hand, political influence can compromise the national bank's independence, leading to biased policies.
Reduced competition might limit financial innovation and customer choice. The "too big to fail" risk occurs when a national bank's failure would severely impact the economy, necessitating government intervention.
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adjust the cash balance we obtain the following 2020 forecasts of selected financial statement line items for journey company.
By analyzing and adjusting the cash balance based on the 2020 forecasts of selected financial statement line items for Journey Company, you can create an accurate financial projection to aid in decision-making and financial planning.
I understand that you need assistance in adjusting the cash balance based on the 2020 forecasts of selected financial statement line items for Journey Company. To adjust the cash balance, follow these steps:
1. Review the financial statement line items and identify the relevant accounts that impact the cash balance. These may include accounts receivable, accounts payable, inventory, revenue, and expenses.
2. Analyze the forecasts for each relevant account. Consider the changes and trends in these line items, as they will impact the cash balance.
3. Adjust the cash balance accordingly by considering the forecasted increases or decreases in revenue, expenses, accounts receivable, accounts payable, and inventory. For example, if the forecast indicates an increase in revenue, the cash balance will increase. Similarly, if expenses are forecasted to increase, the cash balance will decrease.
4. Consider any other factors that may impact the cash balance, such as loans, investments, or dividends. Adjust the cash balance accordingly based on these factors.
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Ceteris paribus, the demand curve for a good will shift to the right in response to:A) A decrease in income.B) An increase in the costs of production.C) An increase in tastes or preferences for the good.D) A higher price for the good.
C) An increase in tastes or preferences for the good will shift the demand curve to the right.
Ceteris paribus, which means "all other things being equal," is an assumption used in economics to analyze the effect of a change in one variable while holding all other variables constant.
In this case, the question asks what will cause a shift in the demand curve for a good while keeping all other factors constant.
A) A decrease in income will shift the demand curve for a normal good (a good for which demand increases as income increases) to the left, and for an inferior good (a good for which demand decreases as income increases) to the right.
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What motivates you to do a good job other than a paycheck?
Alliance Manufacturing Company is considering the purchase of a new automated drill press to replace an older one. The machine now in operation has a book value of zero and a salvage value of zero. However, it is in good working condition with an expected life of 10 additional years. The new drill press is more efficient than the existing one and, if installed, will provide an estimated cost savings (in labor, materials, and maintenance) of $12,000 per year. The new machine costs $50,000 delivered and installed. It has an estimated useful life of 10 years and a salvage value of $2,000 at the end of this period. The firm’s cost of capital is 14 percent, and its marginal income tax rate is 40 percent. The firm uses the straight-line depreciation method.
Complete the following table to compute the net present value (NPV) of the investment. (Hint: Remember that, in Year 10, Alliances also receives the salvage value of the machine.)
Year
Cash Flow
PV Interest Factor at 14%
Present Value (PV)
($)
($)
0 1.00000 1 0.87719 2 0.76947 3 0.67497 4 0.59208 5 0.51937 6 0.45559 7 0.39964 8 0.35056 9 0.30751 10 0.26974 Net Present Value Should Alliance replace its existing drill press?
No
Yes
To calculate NPV, we need to multiply each cash flow by the present value (PV) factor. PV factor can be calculated using the following formula: PV factor = 1/ (1+i)^n, where i is the discount rate (14%) and n is the year number.In the last year, we also need to add the salvage value of the machine, which is $2,000.
NPV can be calculated by subtracting the initial investment from the sum of present values of all cash flows.To answer whether Alliance Manufacturing Company should replace its existing drill press, we need to compare the NPV with zero. If the NPV is greater than zero, the investment should be accepted.
If the NPV is less than zero, the investment should be rejected. In this case, the NPV is $39,818.60, which is greater than zero. Therefore, Alliance Manufacturing Company should replace its existing drill press.
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What is the Importance of sales promotion
One thing a monopoly firm has to do that a perfectly competitive firm does not have to do is:___.
One thing a monopoly firm has to do that a perfectly competitive firm does not have to do is restrict entry into the market. In a monopoly, there is only one firm that dominates the market and has exclusive control over the supply of a particular product or service.
This lack of competition allows the monopoly firm to dictate prices and output levels without fear of being undercut by rivals.
To maintain its monopoly power, the firm must prevent or limit the entry of new competitors into the market. This can be achieved through various means such as acquiring patents or copyrights, establishing high barriers to entry (e.g., huge capital requirements or economies of scale), or engaging in predatory pricing strategies.
By restricting entry, the monopoly firm can preserve its dominance and enjoy higher profits in the long run. However, this behavior may lead to market inefficiencies, as it limits consumer choice and may result in higher prices.
In conclusion, a monopoly firm must restrict entry into the market, unlike a perfectly competitive firm. This allows the monopoly to maintain its control over the market and set prices without fear of competition. However, this behavior may have negative effects on market efficiency and consumer welfare.
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the difference between the maximum price consumers are willing and able to pay for a good or a service and the price they actually pay is the surplus. True/False ?
Consumer surplus refers to the difference between what consumers are willing to pay for a good and what they actually pay for it. Each price curve also represents the small benefit from every unit of usage for the consumer.
True is the correct answer.
Is the distinction between the highest price that customers are willing to charge and the lowest price that production companies are inclined to acknowledge?The cost variance is the difference seen between market price of the goods or service and the best deal a production company would accept for a good. The surplus benefit experienced both by consumers and producers inside an economic transaction is used to calculate economic surplus.
Is the difference between the top price consumers will pay for an item and the lower price level?Consumer surplus is the distinction between the highest possible price for a product and the lower price elasticity.
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Net Purchases + Purchases Returns and Allowances + Purchase Discounts equals:
O A. Gross Profit.
OB. Gross Purchases.
O C. Net Income.
OD. Net Loss.
Answer:
OB. Gross Purchases.
Explanation:
Gross purchases represent all the purchases a business made in a particular period. It includes returns outwards ( purchases returns), discounts and allowances received.
Net purchases are calculated by subtracting purchase returns, discounts received, and allowances from gross purchases.
Therefore, Net Purchases + Purchases Returns and Allowances + Purchase Discounts= gross purchases.
page(s) 398-399 12.2 what is the solow growth model? seth is trying to decide how many workers is the optimal amount at his factory, which produces artisan-crafted grooming products. he observes the following: when there is one worker, 10 hairbrushes are produced daily. when there are two workers, 16 hairbrushes are produced daily. when there are three workers, 20 hairbrushes are produced daily. what is the marginal product of the third worker?
An exogenous model of economic growth, the Solow Growth Model examines how population growth, savings growth, and technological advancement rates affect changes in an economy's output level over time.
What is the graph of the Solow growth model?
The Solow line graph exemplifies the model's concept. The graph has an x-axis, a y-axis, and three lines. One line represents depreciation, another represents savings or investments, and yet another represents output per laborer or individual within the labor force. The lines converge at the country's steady state.
Calculation:
The marginal product of each additional labor unit can be calculated by dividing the total change in output by the change in labor.
Change in output after adding a third labor unit = 20-16 = 4.
Change in output / Change in labor = Marginal product
4 / 1 = 4 units are the marginal product.
As a result, the marginal product of the third labor unit equals four hairbrushes.
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Credit offered in the form of ____________ is most common in department and clothing stores and other high-volume outlets, where customers are likely to make several purchases each month.
Answer:
retail charge cards
Explanation:
A credit card can be defined as a small rectangular-shaped plastic card issued by a financial institution to its customers, which typically allows them to purchase goods and services on credit based on the agreement that the amount would be paid later with an agreed upon interest rate.
Hence, the use of credit cards by consumers broadens a small company's customer base.
This ultimately implies that, small businesses or companies who avail their customers the opportunity to pay using a credit card will increase the number of customers that would patronize them because they are typically buying the goods and services on credit.
Generally, there are three (3) main types of credit card and these includes;
I. Debit card.
II. Prepaid card.
III. Retail charge cards.
A retail charge card can be defined as a type of credit card commonly issued by retailers to their customers in order to avail the customers an ability to charge their goods and services to a specific amount that has been established prior to a purchase.
Hence, it is most common in merchant department, car rental firms, oil companies, clothing stores and other high-volume outlets, where customers are likely to make several purchases each month.
Revenues and expenses arising from activities that are not part of the company's operations are classified as ______ revenues and expenses.
Answer:
Nonoperating
Explanation:
The activities through which revenue and expenses occur which do not take part in the operations of business is consider as nonoperating.
Weighted Average shares outstanding Problem - On January 1, 2021 Wilke Corp had 480,000 shares of common stock outstanding. During 2021, it had the following transactions that affected the common stock account:
- February 1st Issued 120,000 shares - March 1 st issued a 10% stock dividend - August 1 st Issued a 3 for 1 stock split a) Determine weighted average number of shares outstanding as of December 31, 2021 b) Assume that Wilke Corp. earned net income of $3,456,000 during 2021 , In addition, it had 100,000 shares of 9%,$100 par nonconvertible, noncumulative preferred stock outstanding for the entire year. However, the company did not declare and pay a preferred dividend in 2021. Compute eps for 2021 , using the weighted average number of shared from part (a) c) Assume same facts as part b) but the preferred stock was cumulative. Compute eps for 2021 d) Assume same facts as part b), except that net income included a loss from discontinued operations of $432,000 (net of tax). Create the eps section of the income statement. Date 1/1−2/12/1−3/13/1−8/18/1−12/31 Share 480000 600000 660000 1980000 Restatement ∗1.10∗3 ∗1.10∗3 ∗3 Fraction of year 1/12 1/12 5/12 5/12 Weighted shares 132000 165000 825000 825000
a. The weighted average number of shares outstanding as of December 31, 2021, is 1,190,000 shares.
b. Weighted average number of shares = 1,190,000
EPS = $3,456,000 / 1,190,000 ≈ $2.90 per share
c. EPS = $3,456,000 / 1,190,000 ≈ $2.90 per share
d. EPS = $3,024,000 / 1,190,000 ≈ $2.54 per share
a) To determine the weighted average number of shares outstanding as of December 31, 2021, calculate the weighted shares for each period and then sum them up.
Weighted shares = Shares × Fraction of year
For the given data:
- January 1 - February 1: 480,000 shares × (1/12) = 40,000 weighted shares
- February 1 - March 1: 600,000 shares × (1/12) = 50,000 weighted shares
- March 1 - August 1: 660,000 shares × (5/12) = 275,000 weighted shares
- August 1 - December 31: 1,980,000 shares × (5/12) = 825,000 weighted shares
Total weighted shares = 40,000 + 50,000 + 275,000 + 825,000 = 1,190,000 shares
Therefore, the weighted average number of shares outstanding as of December 31, 2021, is 1,190,000 shares.
b) To compute earnings per share (EPS) for 2021, use the weighted average number of shares from part (a) and the given net income.
EPS = Net Income / Weighted average number of shares
Net Income = $3,456,000
Weighted average number of shares = 1,190,000
EPS = $3,456,000 / 1,190,000 ≈ $2.90 per share
c) If the preferred stock is cumulative, subtract the preferred dividends from net income before calculating EPS.
Since no preferred dividends were declared and paid, the net income remains the same as in part (b).
EPS = Net Income / Weighted average number of shares
EPS = $3,456,000 / 1,190,000 ≈ $2.90 per share
d) To create the EPS section of the income statement, we consider the loss from discontinued operations.
Net Income = $3,456,000 - $432,000 = $3,024,000
EPS = Net Income / Weighted average number of shares
EPS = $3,024,000 / 1,190,000 ≈ $2.54 per share
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Vaughn-Williams Co. has total assets of $600,000 and stockholders' equity of $320,000. It purchased $80,000 of supplies on account and collected $50,000 on account from its customers. As a result, the company's total assets would now be __
a. $680,000
b. $360,000
c. $550,000
d. $80,000
Vaughn-Williams Co. purchased $80,000 of supplies on the account and collected $50,000 on the account from its customers. As a result, the company's total assets would now be $550,000. (Option C)
To calculate the updated total assets, we need to consider the effects of the transactions mentioned.
The purchase of $80,000 in supplies on account increases both the total assets and liabilities of the company. However, since the transaction does not involve any changes in stockholders' equity, it does not impact the equity value.
The collection of $50,000 on account from customers also affects both assets and liabilities. The increase in cash (an asset) is offset by a decrease in accounts receivable (also an asset) since the amount owed by customers is collected.
Considering these transactions, the calculation for the updated total assets would be as follows:
Total assets = Previous total assets + Purchase of supplies - Collection from customers
Total assets = $600,000 + $80,000 - $50,000
Total assets = $630,000 - $50,000
Total assets = $580,000
Therefore, the correct answer is c. $550,000.
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Compile a job advertisement for a receptionist vacancy.Advertisement should include the name of the business and the title of the job advertisement
Answer:
Receptionist (Full-time).
Explanation:
Phetoloportia Communications Inc. is an Engineering and ICT company focused on power distribution, disaster recovery solution, systems integration, network security, and broadband technology services. Our businesses are strongly channeled to providing reliable power, turnkey, integrated technology solutions to hotels, financial institutions, schools, oil and gas, and governmental agencies in the United States of America.
We are recruiting to fill the job position below;
Job Title: Receptionist.
Location: Miami, Florida.
Job ID: 010345
Employment Type: Full-time.
Minimum Requirements:
High School diploma, GED, or equivalent preferred.Minimum of 2 years experience. Proficient in English (oral and written). Excellent knowledge of MS-Office.Application Closing Date:
1st of November, 2020.
How to Apply
All interested and qualified candidates should send their curriculum vitae (CV) in pdf format using the Job Title and ID as the subject of the mail e.g (Receptionist - 010345) to phetoloportiaatpci.com
What is meant by post script?
Answer:
An additional remark at the end of a letter, after the signature and introduced by “P.S.”.
Hope this helps :)
when planning a trip and making a decision to drive or take the train, the cost of car repairs and maintenance is a(n)
The cost of car repairs and maintenance is a relevant when planning a trip and making a decision to drive or take the train
The phrase "relevant cost" in managerial accounting refers to avoidable costs that are only incurred in connection with specific business activity. In order to eliminate unnecessary information that can make judgments harder, the concept of relevant cost is used. Consider the decision of whether to sell or keep a company unit using relevant cost as an example.
A sunk cost is the antithesis of a relevant cost; it has already been paid for regardless of how the current choice turns out.
Learn more about relevant cost https://brainly.com/question/14578384?
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