The total cash receipts during April would be $34,200.The correct option is O) $34245.
Benton Company's sales budget shows the following expected total sales North January February March April Sales $17.5 million $30 million $43.000 $48.000
The company expects that 80% of its sales to be on account credit sales.
Credit sales will be collected as follows: the month of sale and in the month following the sale.
Uncollectible accounts are written off.
The total cash receipts during April would be $34,200.
Calculations are as follows:S
ales for the month of April = $48,000
Credit sales 80% of total sales for April = $38,400
Credit sales collected in April (70%) = $26,880
Collection of March credit sales (30%) = $11,520 ($38,400 x 30%)
Total cash receipts = $38,400 - Uncollectibles, 2% of credit sales = $37,632 ($38,400 x 98%)
Collections from customers for cash sales = $1,568 ($48,000 - $38,400)
Total cash receipts = $37,632 + $1,568 = $39,200
The cash receipts from credit sales are $26,880 + $11,520 = $34,400.
The correct option is O) $34245.
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provided below are financial data for integrated devices inc. and allied corporation. current year prior year integrated devices inc. net sales $ 900,000 $ 750,000 net income 180,000 120,000 operating cash flows 150,000 100,000 total assets 800,000 600,000 allied corporation net sales $ 500,000 $ 400,000 net income 90,000 80,000 operating cash flows 120,000 100,000 total assets 750,000 500,000 which company had a higher cash return on assets in the current year?
The Integrated Devices Incorporation will have a higher cash return on assets of 21.4% in the current year.
What is cash return on assets?The cash return on assets (cash ROA) ratio is used to compare a company's performance to that of other companies in the same industry. It is an efficiency ratio that evaluates actual cash flows to company assets without taking into account income recognition or income measurement.
The cash return on assets of Integrated Devices and Allied Corporation is calculated as:-
Cash return on assets = Operating cash flows /Average total assets
The cash return ratio of Integrated devices Incorporation:-
150,000/[(800,000+600,000)/2] =21.4%
The cash return ratio of Allied corporation:-
120,000/[(750,000+500,000)/2] =19.2%
Therefore, the cash return ratio of Integrated Devices is higher compared to Allied Corporation.
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Suppose output is $35 billion, government purchases are $10 billion, desired consumption is $15 billion, and desired investment is $6 billion. Net foreign lending would be equal to Answer A. $2 billion. B. -$2 billion. C. -$4 billion. D. $4 billion.
Net foreign lending would be equal to Answer B. -$2 billion.
Net foreign lending is the difference between exports and imports of a country. In this scenario, we are not given any information about exports or imports. However, we can calculate net foreign lending using the expenditure approach to GDP.
The expenditure approach to GDP is given by the equation:
GDP = C + I + G + (X - M)
Where:
C = Consumption
I = Investment
G = Government purchases
X = Exports
M = Imports
Given the following information:
Output (GDP) = $35 billion
Government purchases (G) = $10 billion
Desired consumption (C) = $15 billion
Desired investment (I) = $6 billion
We can rearrange the equation to solve for (X - M):
(X - M) = GDP - C - I - G
(X - M) = $35 billion - $15 billion - $6 billion - $10 billion
(X - M) = $4 billion
The net foreign lending, represented by (X - M), is $4 billion. Since net foreign lending is equal to exports minus imports, a positive value indicates net foreign lending (exports exceed imports), and a negative value indicates net borrowing from foreign countries (imports exceed exports).
Therefore, the answer is B. -$2 billion, which represents net foreign borrowing of $2 billion.
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how much does organic content cost? group of answer choices 10 percent of a campaign budget $9.99 for each platform it doesn't cost any money each platform has a different price
The cost of organic content can vary depending on the specific platform and the resources allocated to its creation and promotion. Unlike paid advertising or sponsored content, organic content is typically not directly associated with monetary costs. It is created through organic efforts such as content creation, social media engagement, and search engine optimization.
Therefore, the statement "it doesn't cost any money" is the most accurate answer choice. The cost of organic content is primarily related to the time, effort, and expertise required to produce high-quality content that resonates with the target audience and generates engagement and visibility.
It's important to note that while organic content itself may not have a direct monetary cost, businesses often invest in resources such as skilled content creators, graphic designers, social media managers, and SEO specialists to optimize their organic content strategies.
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The cost of organic content varies. It could be about 10% of a campaign budget or a flat rate per platform, but it can also be produced freely in-house. The cost can differ depending on the platform.
Explanation:The cost of organic content can vary depending on a variety of factors. Some businesses allocate a certain percentage of their campaign budget to it, often around 10 percent, while others might pay a flat rate per platform. This could be around $9.99 for each platform. That being said, creating organic content doesn't need to come with a monetary cost as it can be generated freely in-house. Yet, it's important to note that each platform could potentially have different costs associated with organic content.
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What's the main reason to use a personal budget?
O A. To keep costs below benefits
O B. To stay out of debt
C. To appropriate discretionary funds
O D. To maximize investment returns
Answer: B, stay out of debt
Explanation: A budget reveals areas where you're spending too much money so you can refocus on your most important goals. A budget can keep you out of debt or help you get out of debt. A budget actually creates extra money for you to do use on things that matter to you.
Of all of the emerging industries, choose one or two and discuss why you think this industry is so up and coming in the world. Would you ever want to work in this industry? Why or why not?
(THIS IS CRITICAL THINKING!!!)
Of all of the emerging industries, choose one or two and discuss why you think this industry is so up and coming in the world. Would you ever want to work in this industry? Why or why not?(THIS IS CRITICAL THINKING!!!)
In your own words, explain why we pay taxes.
Answer: To help support public schools and the economy.
Explanation:
Jim is an accountant who reimburses travel expenses for company employees who have used personal funds for travel. Tom, a company sales rep, has requested a reimbursement for a $200 dinner. However, Tom does not have proper documentation which means the expense cannot be reimbursed. Tom offers to split the reimbursement with Jim, if Jim will approve it without the documentation. Jim should
The inference shows that Jim should reject the reimbursement as confidentially report the incident.
What is an inference?An inference simply means the conclusion that can be deduced based on the information given in a literary work.
In this case, the inference shows that Jim should reject the reimbursement as confidentially report the incident.
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______is a firm’s engagement in social actions because of its obligation to meet certain economic and legal responsibilities.
Obligatory social actions undertaken by a firm to fulfill economic and legal responsibilities.
The term that describes a firm's engagement in social actions due to its obligation to meet certain economic and legal responsibilities is known as "corporate social responsibility" (CSR). CSR refers to a company's commitment to conducting its business in an ethical and responsible manner, considering the impact of its actions on various stakeholders, including employees, customers, communities, and the environment. It encompasses a range of activities, such as adhering to legal regulations, promoting fair business practices, protecting the environment, supporting community development, and ensuring the well-being of employees. By fulfilling economic and legal responsibilities through CSR initiatives, firms aim to maintain their social license to operate, build positive reputations, and contribute to sustainable development.
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The Federal Communications Commission (FCC) has hired you as a consultant to design an auction to sell wireless spectrum rights. The FCC indicates that its goal of using auctions to sell these spectrum rights is to generate revenue. Since most bidders are large telecommunications companies, you rationally surmise that all participants in the auction are risk neutral. Which auction type—first-price, second-price, English, or Dutch—would you recommend if all bidders value spectrum rights identically but have different estimates of the true underlying value of spectrum rights?
Kindly give a brief one-page description as part of the assignment.
For an auction to sell wireless spectrum rights where bidders are risk neutral but have different value estimates, a second-price auction is recommended to encourage truthful bidding and maximize revenue for FCC.
In the given scenario, where all participants in spectrum rights auction are risk neutral and value rights identically but have different estimates of true underlying value, the recommended auction is second-price auction.
The second-price auction encourages bidders to reveal their true valuation of spectrum rights because each bidder submits sealed-bid without knowing bids of others.
The bidder with highest valuation wins auction but pays price of second-highest bid. This format incentivizes bidders to bid their true value, as there is no benefit in strategically bidding lower.
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Drag each label to the correct location
PLEASE HELP
Answer:
put master budget for sources of cash and put cash budget for cost of finished goods
1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answer:monopoly
Explanation:
Kim owns an interest in an activity that produces $100,000 of income during the year. Would Kim prefer to have the activity classified as active or passive? Discuss.
Answer:Kim's preference for classifying the activity as active or passive depends on various factors and their specific financial goals and circumstances. Here are some considerations for both classifications:
1. **Active Classification:** If Kim actively participates in the activity, they may prefer to have it classified as active. Active income allows for certain tax deductions, such as business expenses, which can help reduce the taxable income from the activity. Additionally, if Kim has a net operating loss from the activity, they may be able to offset it against other active income sources.
2. **Passive Classification:** If Kim wants to take a more hands-off approach and minimize their involvement in the activity, they may prefer to have it classified as passive. Passive income is generally subject to different tax rules and may not allow for the same deductions as active income. However, passive income may be eligible for passive loss carryovers, which can offset future passive income or potentially be deducted upon the sale of the activity.
It's important for Kim to consult with a tax professional or financial advisor who can evaluate their specific circumstances, goals, and the applicable tax regulations. They can assess the potential benefits and drawbacks of each classification and help Kim make an informed decision based on their financial objectives and tax strategy.
Learn more about active and passive income classifications and how they can impact taxation to make the most appropriate choice for your circumstances.
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when profits occur in a competitive market this indicates that
When profits occur in a competitive market, it indicates that a firm or a group of firms has successfully created value and generated revenue exceeding their costs.
In a competitive market, profits act as incentives for firms to enter the market, increase production, and compete with each other. However, in the long run, profits in a competitive market tend to attract new competitors, leading to increased supply and potentially reducing profits to a level where they are just enough to cover costs. Therefore, in the long run, competitive markets tend to drive profits towards a normal level of return on investment.
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1. Your friend asks to borrow $50 and offers to pay you back with interest. What factors
would you consider in your decision to accept or decline their request?
The factors that you have to think about would before giving out the loan would be the following:
The loan periodThe ability to pay back the loanThe interest that is on the loanHow the money is to be returned.What is a loan?This is the term that is used to refer to an amount of money that would be given to a person that is the borrower by the lender for a period pf time and for them to pay back with interest.
To be able to determine if you are to give out a loan, you have to take the ability of the person to pay you back the amount as a fator.
Also you have to check the character of the person that you are to loan the money to.
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Flare Co. manufactures textiles. Among Flare's 2020 manufacturing costs were the following salaries and wages:
Loom operators $ 120,000 Factory foremen 45,000 Machine mechanics 30,000 What was the amount of Flare's 2020 indirect labor? (CPA adapted)
Multiple Choice
$75,000
$150,000
$120,000
$165,000
To calculate the indirect labor costs for Flare Co. in 2020, we need to consider the salaries and wages of employees who are not directly involved in the production process. In this case, the factory foremen and machine mechanics are considered indirect labor.
Here's a step-by-step breakdown of the calculation:
1. Identify the indirect labor costs:
- Factory foremen: $45,000
- Machine mechanics: $30,000
2. Add the indirect labor costs together:
- $45,000 (Factory foremen) + $30,000 (Machine mechanics) = $75,000
Therefore, the amount of Flare's 2020 indirect labor is $75,000. Your answer: A) $75,000.
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Apple store at New York must place an order for the Air Pods and the Air Pods Pro with an annual demand of 1000 nos. and 1200 nos. respectively. The holding cost for both types of Air pods is $10. The ordering cost is as given below. Air Pods - $100 Air Pods Pro - $75 If this store follows the EOQ model to place orders, determine for both the types a) Economic order quantity b) Time interval between orders (in days) c) Number of orders made in a year Assume that the store is operating throughout the year.
a) The (EOQ) for Air Pods is 141.42 units, and for Air Pods Pro is 134.16 units. b) The time interval between orders for Air Pods is 51.21 days, and for Air Pods Pro is 40.69 days. c) The number of orders made in a year for Air Pods is 7.07, and for Air Pods Pro is 8.95.
To determine the economic order quantity (EOQ), time interval between orders, and the number of orders made in a year, we can use the following formulas:
a) Economic Order Quantity (EOQ):
EOQ = √((2 * Annual Demand * Ordering Cost) / Holding Cost)
b) Time interval between orders (in days):
Time Interval = (EOQ / Annual Demand) * 365
c) Number of orders made in a year:
Number of Orders = Annual Demand / EOQ
Let's calculate these values for both Air Pods and Air Pods Pro:
For Air Pods:
Annual Demand = 1000
Ordering Cost = $100
Holding Cost = $10
a) EOQ for Air Pods:
EOQ = √((2 * 1000 * 100) / 10) = √(20000) = 141.42 (approx.)
b) Time interval between orders for Air Pods:
Time Interval = (141.42 / 1000) * 365 = 51.21 days (approx.)
c) Number of orders made in a year for Air Pods:
Number of Orders = 1000 / 141.42 = 7.07 (approx.)
For Air Pods Pro:
Annual Demand = 1200
Ordering Cost = $75
Holding Cost = $10
a) EOQ for Air Pods Pro:
EOQ = √((2 * 1200 * 75) / 10) = √(18000) = 134.16 (approx.)
b) Time interval between orders for Air Pods Pro:
Time Interval = (134.16 / 1200) * 365 = 40.69 days (approx.)
c) Number of orders made in a year for Air Pods Pro:
Number of Orders = 1200 / 134.16 = 8.95 (approx.)
Therefore, for the Apple store at New York:
a) The economic order quantity (EOQ) for Air Pods is approximately 141.42 units, and for Air Pods Pro is approximately 134.16 units.
b) The time interval between orders for Air Pods is approximately 51.21 days, and for Air Pods Pro is approximately 40.69 days.
c) The number of orders made in a year for Air Pods is approximately 7.07, and for Air Pods Pro is approximately 8.95.
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A writer, an illustrator, a publisher and an agent would form a
a. Functional team
b. Cross-functional team
C. Management team
d. Corporate team
Answer:
B. Cross-functional team
Explanation:
A writer, an illustrator, a publisher, and an agent would form a Cross-functional team. The correct option is B.
What are cross-functional skills?A Cross-Functional Candidate, according to Glassdoor, is a candidate with jack-of-all-trades abilities. In other words, a candidate with cross-functional skills is someone who is proficient in one or more related technologies or skills while also being knowledgeable in other technologies or skills.
Working cross-functionally, also referred to as working with teams other than your own, will inevitably occur at some point in your career. And doing it well can inspire innovative ideas, enhance your ability to interact with others, and improve your workplace's culture, productivity, and happiness.
Thus, the ideal selection is option B.
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suppose the united states had a short-term shortage of farmers. which market mechanisms would adjust to remove the shortage?
Food costs would change, as will farmer wages. Price must increase in the event of a scarcity in order to draw in more supply and lower demand until the shortage is resolved.
How can a free market resolve a scarcity?Through price increases, the free market reduces shortages. Prices that are going up encourage consumers to spend less or, if they can, switch to a different product, which reduces demand.
How might the market address a shortage?Price reductions should be made until the market finds equilibrium in order to get rid of excess. Price increases for the product are necessary to eliminate shortages until the market reaches equilibrium.
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the types of assets that are the primary focus of accounting data but are not the most important to understand competitive advantage are
The types of assets that are the primary focus of accounting data but are not the most important to understand competitive advantage are tangible assets such as property, plant, and equipment.
Tangible assets are physical assets that can be seen and touched, such as land, buildings, and machinery. Accounting data typically focuses on tracking these assets and their associated costs, such as depreciation and maintenance expenses. While these assets are important for financial reporting purposes, they may not be the most critical for understanding a company's competitive advantage. Intangible assets, such as intellectual property, brand reputation, and customer relationships, are often more important for creating sustainable competitive advantage. These assets are typically more difficult to quantify and account for in financial statements, but they can have a significant impact on a company's long-term success.These tangible assets are important for financial reporting purposes and are typically tracked in accounting data through cost-based measures like depreciation and maintenance expenses.
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In economics a computer bought by a firm for its account keeping is classified differently to a computer bought by an individual for playing games and surfing the internet. Explain why.
Answer:
12
Explanation:
What are two types of goods/services that lend themselves well to price competition? Discuss these goods/services and reasons why price competition works best for them.
Explanation:
The two types of goods / services where price competition works best are those classified by a market model of perfect competition and imperfect competition.
In perfect competition, there is a predominance of a homogeneous market, with the presence of many companies and without barriers to entry, where there is the possibility of free price competition, such as the food industry.
In imperfect competition, there is also the presence of many industries in the market, but there is a differentiation of products, which causes price competition but depending on the benefits, functionality and degree of differentiation of the good perceived by the consumer.
The two types of goods/services that lend themselves well to price competition are those that are classified by a market model of perfect competition and imperfect competition.
It should be noted that in perfect competition, there is a homogeneous market. Also, no one can influence the price. There's also free entry and exit.
On the other hand, in imperfect competition, there is also the presence of many industries in the market, but there is a differentiation of products, which causes price competition. Also, the producers can influence the price.
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Refer to Figure 5-2. If the price decreased from $18 to $6,Revenue at $18 = 18*100=$1800$6=6*500=$3000Revenue increased by $1200 and demand is considered elastic from pt A to B
Answer:
No figure is available to answer the question.
Please attach the required figure which you mentioned in the question.
A local bank’s advertising reads: "Give us $50,000 today, and we’ll pay you $800 every year forever." If you plan to live forever, what annual interest rate will you earn on your deposit?1.92%1.60%2.56%2.24%
Answer:
The correct response is Option b (1.60%).
Explanation:
According to the question,
Initial investment,
= $50,000
Perpetual annual cash flows,
= $800
Now,
The interest rate will be:
= \(\frac{Perpetual \ annul \ cash \ flows}{Initial \ investment}\)
On substituting the given values, we get
= \(\frac{800}{50,000}\)
= \(0.016\)
i.e.,
= \(1.60 \ percent\)
At 4 percent inflation, how much time will it take for prices to double
Answer: It will take 6 years.
Explanation: Hope This Helped, Have A Nice Day <3
Business are centers that offer businesses in the critical stage of early development low-cost offices and access to basic services such as accounting, legal advice, and secretarial help.a. Trueb. False
The given statement "Business are centers that offer businesses in the critical stage of early development low-cost offices and access to basic services such as accounting, legal advice, and secretarial help" is true. Incubators provide start-up companies with inexpensive offices and essential services like accounting, legal counsel, and secretarial assistance during their crucial early development stage.
According to SCORE business counsellor Ron Consolino, the U.S. Small Business Administration asserts that five factors—drive, thinking ability, people skills, effective communication, and technical aptitude—determine a small business owner's success. These are the people who frequently use their own funds to finance companies. This investment may be made in accounting for stock or a stake in the company. When management is no longer able to personally oversee or control an organization's operations, the internal controls become crucial.
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Answer:
incubators
Explanation:
What is the interest on a $4,500 note payable that is due in 3 months with a rate of 9%?
The interest on $4,500 note payable that is due in 3 months with rate of 9% is $101.25.
What is note payable?A note payable refers to a written agreement between a borrower and a lender that outlines the terms of a loan. It is a promise to pay back the borrowed amount along with any interest or fees within a specified time period. Note payable is a type of liability for the borrower, and it appears on the balance sheet as a current or long-term liability, depending on the repayment period. The repayment terms can vary, including interest-only payments, equal payments, or a lump-sum payment at maturity. Note payable is commonly used for short-term loans, such as bank loans, or for long-term loans, such as mortgages. It is important to carefully review and understand the terms of the note payable before agreeing to it, as failure to meet the repayment terms can result in serious consequences.
Principal = $4,500
Rate = 9% (or 0.09 as decimal)
Time = 3/12 (or 0.25 as decimal, since 3 months is quarter of year)
Interest = Principal x Rate x Time
Interest = $4,500 x 0.09 x 0.25
Interest = $101.25
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Reflective journal on impacts of unionization, why you choose
this topic and how it impacts on you?
I will provide you with a general explanation of a reflective journal on impacts of unionization.
What is unionization?Unionization is the act of forming or joining a labor union to advocate for better working conditions, wages, and benefits.
How unionization impacts workers and organizations:
Unionization benefits workers by giving them a collective voice in negotiations with employers. Employees who belong to a union generally receive better wages, benefits, and working conditions. Unionized workers also have more job security and are better protected from discrimination, harassment, and unfair treatment in the workplace. However, unionization can lead to higher labor costs for employers and create tension between unionized and non-unionized employees. Organizations must also negotiate with union representatives on issues such as wages, hours, and working conditions, which can be time-consuming and costly.How to write a reflective journal on impacts of unionization:
Begin by writing about why you chose this topic, and what you hope to learn from reflecting on it. As you continue to write, consider the following questions:-
How has unionization impacted workers and organizations?
- Have you ever belonged to a union or worked for an organization that was unionized?
How did this impact you?
- What are the benefits and drawbacks of unionization, from both the employee and employer perspective?
- What can be done to address the challenges and opportunities of unionization in today’s workforce?
- What role do you see unions playing in the future of work?
As you reflect on these questions, consider your personal experiences and opinions, and how they shape your understanding of the impacts of unionization.
Remember that the goal of a reflective journal is not to arrive at a single “correct” answer, but rather to engage in a thoughtful, honest, and open-ended exploration of a topic.
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What is the difference between following the law and acting ethically?
A. Following the law is not enforced but acting ethically is.
B. Following the law involves a set of rules; acting ethically involves your conscience.
C. Following the law involves doing what is right; acting ethically involves doing what is wrong.
D. Following the law is an option but acting ethically is not.
Answer:
Following the law involves doing what is right; acting ethically involves doing what is wrong
Explanation:
Neolithic people practiced metallurgy.
How did the advancement in technology. Benefit. Early humans
Answer:
the answer is D
Explanation:
Answer:
D. Metal was used to make stronger items that lasted longer
Explanation:
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when colgate-palmolive and unilever take a successful product that they marketed in one part of the world and market it elsewhere, they are following a market development strategy (according to ansoff's product-market matrix).
Yes, that is correct. According to Ansoff's Product-Market Matrix, a market development strategy involves introducing existing products into new markets.
When Colgate-Palmolive and Unilever take a successful product that they marketed in one part of the world and introduce it into a new market, they are following a market development strategy. This strategy allows them to expand their customer base and increase sales without having to create new products.
By leveraging their successful product in a new market, they can benefit from economies of scale, increased purchasing power, and other efficiencies that come with greater volume.
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