The amount of realized holding gains in 20X1 income for SBS Virtues Berhad is -RM24,448,000.
To calculate the amount of realized holding gains in 20X1 income for SBS Virtues Berhad, we need to determine the change in inventory value due to the increase in prices and include it as part of the cost of goods sold.
Given information:
Beginning inventory (January 1, 20X1) = RM7,360,000
Price increase during the year = 7.5%
Cost of goods sold for 20X1 = RM25,000,000
To calculate the amount of realized holding gains, we need to find the difference between the ending inventory value and the beginning inventory value:
Ending inventory value = Beginning inventory value + Holding gains
Holding gains = Ending inventory value - Beginning inventory value
Since the number of vehicles in the inventory remained constant, the holding gains are solely due to the price increase. Therefore, we can calculate the holding gains as a percentage of the beginning inventory value:
Holding gains = Beginning inventory value X Price increase
= RM\(7,360,000 \times 7.5\%\)
= RM552,000
Now, we need to include the holding gains in the cost of goods sold to determine the amount of realized holding gains in the 20X1 income:
Realized Holding Gains = Holding gains - Cost of goods sold
= RM552,000 - RM25,000,000
= -RM24,448,000
The negative value indicates a realized holding loss instead of a gain.
Therefore, the amount of realized holding gains in 20X1 income for SBS Virtues Berhad is -RM24,448,000. This loss is attributed to the increase in prices, which reduced the value of the inventory over the year.
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which filter would you select in campaign manager reporting dashboard if you want to rapidly see all your single image campaigns?
To quickly see all single image campaigns in Campaign Manager reporting dashboard, the filter to select is "Ad Format."
The Campaign Manager reporting dashboard allows users to filter and sort their campaign data to quickly find the information they need. To see all single image campaigns, you should use the "Ad Format" filter. This filter allows you to select specific types of ads, including single image, carousel, video, and more. By selecting "Single Image" as the ad format, the reporting dashboard will display only campaigns that use single image ads.
To apply the "Ad Format" filter, navigate to the "Filters" section of the Campaign Manager reporting dashboard and select "Ad Format" from the drop-down menu. Then, select "Single Image" from the list of available options. You can also combine this filter with other filters, such as date range and campaign status, to further refine your results. Using filters in Campaign Manager can help you quickly find the data you need to make informed decisions about your advertising campaigns.
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Profit is _____.
the difference between business income and business expenses
a main motive for entrepreneurs starting new businesses
often calculated using a pie graph
all of the above
Answer:
ALL OF THE ABOVE
Explanation:
EDGE 2021 :D
why would anyone select a bank that has unfavorable overdraft policies
Answer:
The person may not have options due to age and distance and disabilities.
Explanation
which is true of the influencers found among early adopters?
What is true about the influencers found among early adopters is that a. They are not focused on earning the respect of others.
Who are the influencers ?Influencer can be regarded as those that are found in life that involve themselves in endorsements and product placement .
These people are found in different organizations and have purported expert level of knowledge , however They are not focused on earning the respect of others.
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When Sydney borrowed $8000 from her parents, they made her give them some collateral. What would be the MOST logical thing for Sydney to do to handle their request?
Answer: d) Give them the title to her car.
Explanation:
If they want some collateral then Sydney would have to give them collateral and a car is one of the best known examples of collaterals there is.
Sydney can give them the title of the car which means that if she defaults on the loan, her parents will be able to sell the car to get back the amount that they loaned her. She cannot sell the car until she pays them and she may have to add them as beneficiaries to any car insurance that she may have on the car.
6. Describe at least three things a bank would consider about you when deciding whether to give you a loan. (1-3 sentences. 3.0 points)
Explanation:
Your Credit History
Your Ability To Pay The Loan
Your Cash Flow History
Many people are concerned about the rising price of gasoline. Suppose that government officials are thinking of capping the price of gasoline below its current price. Which of the following outcomes do you predict will result from this policy?
If government officials decide to cap the price of gasoline below its current market price, there will likely be several outcomes, both positive and negative.
Firstly, the positive outcomes. Capping the price of gasoline will mean that consumers will be able to purchase fuel at a cheaper price than what they are currently paying. This will be beneficial for people who are struggling to make ends meet, as it will allow them to save money on their daily commute or other travel expenses. Additionally, lower fuel prices could stimulate spending in other areas of the economy, as people will have more money available to spend on other goods and services.On the other hand, there are also several negative outcomes that could result from capping the price of gasoline. One of the biggest concerns is that the government may not be able to keep up with the demand for fuel at the capped price. If this happens, there could be shortages, which could lead to panic buying and long lines at gas stations. This, in turn, could create a black market for gasoline, where people are forced to pay even higher prices to get the fuel they need.Another concern is that capping the price of gasoline could lead to a reduction in supply. Gasoline is a commodity, which means that producers will only produce as much as they can sell for a profit. If the price of gasoline is capped, producers may not be able to make a profit, which could lead to a reduction in supply. This, in turn, could lead to higher prices in the long run, as consumers are forced to pay more for a scarce resource.
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which of the following answers correctly ranks market structures from most competitive to least competitive?
The correct ranking of market structures from most to least competitive is Perfect Competition, Monopolistic Competition, Oligopoly, Monopoly. Perfect competition is the most competitive, while monopoly is the least competitive.
The correct ranking of market structures from most competitive to least competitive is as follows
Perfect Competition: In perfect competition, there are many buyers and sellers, homogeneous products, easy entry and exit, and no individual firm has control over the market price.
Monopolistic Competition: Monopolistic competition involves many firms selling differentiated products, some control over pricing, relatively easy entry and exit, and limited market power.
Oligopoly: Oligopoly is characterized by a small number of large firms dominating the market, interdependence among firms, significant barriers to entry, and the potential for collusion.
Monopoly: Monopoly represents a market structure with a single dominant firm controlling the entire market, high barriers to entry, and significant market power to set prices.
The ranking goes from perfect competition, where competition is the highest, to monopoly, where competition is the lowest.
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--The given question is incomplete, the complete question is given below " which of the following answers correctly ranks market structures from most competitive to least competitive?
a, Oligopoly
b, Perfect Competition
c, Monopolistic Competition
d, Monopoly"--
What is the solution to this equation x+15=28
Answer:
13
Explanation:
Trust me
The owner of Leonardo's Pizza recently decided that Gainesville was too small for his business; he needed to expand. He has decided to open a new pizza parlor in Trenton so new people will be exposed to his famous pizzas, which until recently had only been enjoyed by the lucky people who live in Gainesville. Leonardo is trying to extend the life cycle of his brand so he can be in business for a very long time. Which strategy is Leonardo using to do this
Answer:
Market Development
Explanation:
From the question we are informed about The owner of Leonardo's Pizza who recently decided that Gainesville was too small for his business; he needed to expand. He has decided to open a new pizza parlor in Trenton so new people will be exposed to his famous pizzas, which until recently had only been enjoyed by the lucky people who live in Gainesville. Leonardo is trying to extend the life cycle of his brand so he can be in business for a very long time. In this case, Leonardo using Market Development strategy
Market development can be regarded as growth strategy which involves identification as well as development of new market segments for current products. market development strategy base it's targets on non-buying customers as regards the currently targeted segments. There is also a plan for new customers in new segments. It is another way of expanding sales.
Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
Résumés should be written in complete sentences.
Please select the best answer from the choices provided
TRUE OR FALSE?
ANSWER: FALSE
Answer:
false lol thx
Explanation:
During the interview process with both companies, Justin learns something about a new product that Big Box Co. Is producing that will directly compete with Hope Springs. Because Justin learned about the ethics of and what is unethical, he will not share this information during his interview with Hope Springs.
Answer:
Ethics of Competition
Explanation:
Justin Justin learned about the ethics of competition, which implies that he does not disclose what he knows even if it is not in favour of Hope Springs because competition allows for such concealment of information.
Remember, a major facet of the"ethics of competition" is that it allows for freedom, so Big Box Co. has the freedom to produce any new product that would give her greater advantages.
Ethics in the organization have an important role in the marketing of the organization and the employee's ethics are responsible for the company's work. The organization's ethics helps in evaluating the stake of the company in the market.
The ethics learned by Justin helps him maintain the principle of both the companies. The sharing of information from Justin's end will deteriorate his employee's ethics, and his chances of being selected for the company's position may reduce.
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Which of the following is a factor in determining what laws and regulations
affect a particular business?
A. Date business was founded
B. Design of business logo
C. Business size
D. Business name
Answer:
C. Business size
Explanation:
which is not an ethical obligation of a statistician? group of answer choices to support client wishes in drawing conclusions from the data to know and follow accepted procedures to acknowledge sources of financial support to ensure data integrity and accurate calculations
The statement that is not an an ethical obligation of a statistician is option (b) To support client wishes in drawing conclusions from the data
A statistician's primary ethical obligation is to provide objective and accurate analysis of data without bias or manipulation, and to ensure that the data is interpreted and reported correctly. While a statistician may work with clients to understand their needs and objectives,
They must never compromise their ethical obligation to provide accurate and objective analysis of data. Therefore, it is not ethical for a statistician to support client wishes if those wishes compromise the integrity and accuracy of the analysis or if they are not supported by the data.
Therefore, the correct option is (b) To support client wishes in drawing conclusions from the data
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The given question is incomplete, the complete question is:
Which is not an ethical obligation of a statistician?
(a) To know and follow accepted procedures.
(b) To support client wishes in drawing conclusions from the data.
(c) To ensure data integrity and accurate calculations.
(e) To acknowledge sources of financial support.
a sport media relations director offers a pile of news releases, newspaper clippings, media guides, and brochures as evidence that her program is effective. what is the weakness of that method of assessment?
The weakness for this method of assessment of a sport media relations director is that it doesn’t provide evidence of impact.
What is sports media?
Writing that covers themes related to athletic events and contests is known as sports journalism or media. The first sports journalism appeared in the early 1800s and was aimed at the social elite. It later developed into a crucial aspect of the news industry, with newspapers having specific sports sections. Sports material was covered more frequently in media as a result of the growing interest of sports among the middle class and lower class. Sports-specific media outlets like Sports Illustrated and ESPN were born out of the desire for sports. Sports journalism takes many various forms, from play-by-play and game summaries to analysis and investigative journalism on significant changes in the field.
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a sport media relations director offers a pile of news releases, newspaper clippings, media guides, and brochures as evidence that her program is effective. what is the weakness of that method of assessment?
Use the financial statement effects template to record the accounts and amounts for the following four transactions involving investments in marketable debt securities classified as available-for-sale securities. Assume that these transactions occur in 2016 (before the new rules for securities went into effect). Use the financial statement effects template to record the accounts and amounts for the following four transactions involving investments in marketable debt securities classified as available-for-sale securities. Assume that these transactions occur in 2016 (before the new rules for securities went into effect).
a. Loudder Inc. purchases 4,000 bonds with a face value of $1,000 per bond. The bonds are purchased at par for cash and pay interest at a semi-annual rate of 4%.
b. Loudder receives semi-annual cash interest of $160,000.
c. Year-end fair value of the bonds is $978 per bond.
d. Shortly after year-end, Loudder sells all 4,000 bonds for $970 per bond.
To record the accounts and amounts for the four transactions involving investments in marketable debt securities classified as available-for-sale securities, we will use the financial statement effects template.
Here are the entries for each transaction:
a. Purchase of Bonds at Par:
Assets:
Marketable Debt Securities (Available-for-Sale) $4,000,000
Cash $4,000,000
b. Receipt of Semi-annual Cash Interest:
Assets:
Cash $160,000
Interest Income $160,000
c. Year-end Fair Value Adjustment:
Assets:
Unrealized Holding Gain or Loss (OCI) $88,000
Marketable Debt Securities (Available-for-Sale) $88,000
d. Sale of Bonds:
Assets:
Cash $3,880,000
Unrealized Holding Gain or Loss (OCI) $48,000
Marketable Debt Securities (Available-for-Sale) $4,000,000
Realized Gain on Sale of Investments $8,000
These entries reflect the effects of each transaction on the appropriate accounts in accordance with the available-for-sale classification. The amounts in the entries are not specified, so they are not included in the response.
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If a 10% increase in price leads to a 40% decrease in quantity demanded, what is the value of price elasticity of demand? Show your work.
Which of the following will cause the demand for a good or service inelastic?
Having few substitutes
A longer time period
Being a luxury
Being a large share of the consumer's budget
If the price elasticity of demand is equal to 0.5, is demand elastic, inelastic, or unitary elastic?
Will a perfectly elastic supply curve be vertical, horizontal, or upward-sloping?
What price elasticity of supply will lead to a smaller increase in quantity when price changes— elastic, inelastic, or unitary elastic?
The Price elasticity answers are:
The value of price elasticity of demand is equal to four if a 10% rise in price results in a 40% reduction in the amount that is desired. "Being a substantial percentage of the consumer's budget" is the reason why there is an inelasticity in the demand for a certain commodity or service. alternative D Is demand considered "inelastic" if the price elasticity of demand is equal to 0.5? The supply curve for a completely elastic economy is horizontal. The price elasticity of supply is inelastic, which means that a rise in price will result in a less significant increase in quantity.How to determine the elasticity of demand with respect to priceThe price elasticity of demand is equal to the percent change in demand divided by the percent change in price.
x= \(\frac{40 \%}{ 10 \%}\)
x=\frac{ 0.4}{ 0.1}
x= 4
A scenario is said to have inelastic demand when there is no proportionate change in the demand for products and services among customers in response to a change in the price of such goods and services.
The supply curve that is horizontally aligned with the demand curve represents a completely elastic supply curve.
In conclusion, the degree to which demand is sensitive to a change in price may be measured by looking at something called the price elasticity of demand.
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What are the gross earnings computed for J.Gilbert
The gross earnings computed for J.Gilbert for the week ended 28th February are $1800.00. Gross earnings are the total amount earned by an employee before deductions are made. These earnings consist of regular and overtime wages plus any other forms of compensation such as tips, bonuses, or commissions that the employee is entitled to receive.
In this case, J. Gilbert worked for 40 hours in a week and was paid $15.00 per hour. Therefore, J. Gilbert’s regular pay for the week would be calculated as follows: Regular pay = Hourly rate × Regular hours worked = $15.00 × 40 hours = $600.00J.Gilbert worked an additional 5 hours as overtime.
His overtime rate is calculated as 1.5 times his regular hourly rate, which means he will be paid $22.50 per hour for those 5 hours.
Therefore, J. Gilbert’s overtime pay for the week would be calculated as follows: Overtime pay = Overtime rate × Overtime hours worked = $22.50 × 5 hours = $112.50Finally, J. Gilbert’s gross earnings would be calculated as the sum of his regular and overtime pay: Gross earnings = Regular pay + Overtime pay = $600.00 + $112.50 = $712.50In addition to his wages, if J. Gilbert received any bonuses, tips, or other forms of compensation during the week, these would be added to his gross earnings to arrive at his total gross earnings.
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Best Coffee Enterprises is dealing in a variety of coffee like Expresso, Cappuccino, and Caffe latte etc. It has several outlets in the city. It has a good financial standing and enjoys a good reputation in the market. It purchases high-quality coffee beans from Global Traders and pays them at a future date. Briefly explain the source of finance given by Global Traders to Best Coffee Enterprises.
Different sources of finance exist operated by various companies. Global Traders exist offering Trade Credit as a source of finance to the Best Coffee enterprises. Trade credit exists as a business-to-business (B2B) arrangement in which a customer can buy goods without spending cash up front, and delivering the supplier at the latest scheduled date.
What are the features of trade credit?It exists referred to as the payment holds authorized by the creditor for a specified period for their raw material.It exists usually comprehended as an instant source of finance.It usually occurs in B2B businesses where the payees exist and desired to pay within their established deadline.Trade credit exists as a business-to-business (B2B) arrangement in which a consumer can buy goods without spending cash up front, and paying the supplier at a later scheduled date. Usually, companies that work with trade credits will give customers 30, 60, or 90 days to pay, with the transaction recorded through an invoice.
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ANSWER ASAP Which of the following may help you protect against identity theft? A. Carrying your Social Security card at all times B. Clicking on pop-up windows to verify their information C. Contacting your credit card company if you don’t receive bills D. Including your name in your online passwords
Explanation:
I think A. Because it is the only safe way to protect yourself even in the credit card company people might steal your identity and they dont know. So I say A
Answer:
Its C) contacting your credit card company if you don't receive bills
Explanation:
EDGE 2021
The production possibilities frontier represents production choices for the hypothetical island nation of Mauistan in the short run. Which point is likely to result in the most economic growth for Mauistan
Based on the production possibilities frontier of the nation of Mauistan, the point that will most likely result in economic growth is Point A.
Which point will give Mausitan the highest growth?This is the point on the Production Possibilities Frontier where more capital goods are used as opposed to consumer goods.
At point A, the highest amount of capital goods are being used so this is the point that will likely result in economic growth.
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The point at which birth and death rates balance is called
A Census growth
B Balancing growth
C zero population growth
Answer:
B balancing growth
Explanation:
Will you borrow and act on the business idea of others?
Stop Killing Your Ideas. "Ideas," John Steinbeck once said, "are like rabbits. ... Most ideas don't stand a chance.
What does the government do to promote giving to charity?
A People who give do not have to pay income tax.
B Those who give do not have to fill out a tax form.
C The IRS offers free tax help to those who give.
D The government gives tax breaks to people who give.
What is a disadvantage to online
banking?
security breaches can
happen and compromise
your personal information
it makes you use your
computer
it prevents you from
having to go to the
ATMto deposit
money
it is convenient
One major disadvantage of online banking is the potential for security breaches and the compromise of personal information. Since online banking involves transmitting sensitive information over the internet, such as account numbers, passwords, and social security numbers, there is always a risk of that information being intercepted by hackers or other unauthorized individuals.
Additionally, online banking may require the use of a computer or mobile device, which can be inconvenient for those who do not have easy access to such devices or who prefer to conduct their banking in person. Finally, while online banking may be convenient for many people, it does not allow for the same level of personal interaction with bank representatives as traditional banking methods, which can be a disadvantage for those who prefer to have a more personalized banking experience.
Checking the competitive advantage potential of cross-business strategic fits in a diversified company involves evaluating the extent to which sister businesses present opportunities
-to combine the performance of certain cross-business activities and thereby reduce costs.
-to transfer skills, technology, or intellectual capital from one business to another.
-for the company's different businesses to share use of a well-respected brand name.
-for sister businesses to collaborate in creating valuable new competitive capabilities.
-to create a positive image in the industry irrespective of the financial performance of its businesses.
Checking the competitive advantage potential of cross-business strategic fits in a diversified company involves evaluating the extent to which sister businesses present opportunities:
to combine the performance of certain cross-business activities and thereby reduce costs.to transfer skills, technology, or intellectual capital from one business to anotherfor the company's different businesses to share use of a well-respected brand name.for sister businesses to collaborate in creating valuable new competitive capabilities.to create a positive image in the industry irrespective of the financial performance of its businessesWhat is a competitive advantage potential?Competitive advantage means the factors that permits an organization to manufacture goods or services better or more at a lesser rate than its competitors. These factors affords the productive objects to have more sales or superior margins compared to its market competitors.
Therefore, the correct answer is as given above
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How much is a Omega De Ville worth?
On November 12 in Geneva, Phillips auctioned off the Omega Stainless Steel Tourbillon 301 for about $1.43 million USD. The Swiss watchmaker Omega watch was then the most valuable one ever auctioned off.
The headquarters of Swiss watchmaker Omega SA are in Biel/Bienne. In La Chaux-de-Fonds, Switzerland, Louis Brandt founded the La Generale Watch Co. in 1848. The company changed its name to Louis Brandt et Frère-Omega Watch & Co. in 1903 after assuming the moniker Omega. In 1984, the Swiss watchmaker officially changed its name to Omega SA and opened a museum in Biel/Bienne.
Swiss watchmaker Omega's De Ville watch line is known for its wristwatches. When new Seamaster models were introduced in October 1960, Omega used the name "De Ville" for the first time; the phrase "Seamaster De Ville" started to appear on the dials in 1963.
Fundamentally, the moniker has been used since the 1960s to distinguish the straightforward yet attractive models of Omega from the athletic Seamaster or Speedmaster. Soon, the certification as a chronometer was added to the list of the series' attributes.
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You have a chance to buy an annuity that pays $3,300 at the beginning of each year for 3 years. You could earn 5. 5% on your money in other investments with equal risk. What is the most you should pay for the annuity?.
At most, what you should pay for the annuity is $8,903.18.
What should you pay at most for the annuity?In order to determine the required value, the present value of the annuity should be determined. The present value is the sum of discounted cash flows.
Discounted cash flow from year 1 to 3 = (3300 / 1.055) + (3300 / 1.055²) + (3300 / 1.055³) = $8,903.18
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TRUE OR FALSE: Take-home pay minus total living expenses equals money available for savings and investment
Answer:
TRUE
Explanation:
Take-home pay is the gross pay minus all deductions. Deductions include statutory and voluntary deductions. Take home is the money that gets to the employee's bank account.
In most households saving and investment are done after meeting the basic expenses. In other words, people will save or invest after meeting their basic needs. Therefore, take home minus total expenses necessary for life is saving and investment