General Optic Corporation operates a manufacturing plant in Arizona. Due to a significant decline in demand for the product manufactured at the Arizona site, an impairment test is deemed appropriate. Management has acquired the following information for the assets at the plant:
Cost $ 42,500,000 Accumulated depreciation 15,200,000 General’s estimate of the total cash flows to be generated by selling the products
manufactured at its Arizona plant, not discounted to present value 17,000,000 The fair value of the Arizona plant is estimated to be $16,000,000.
Required:
1. & 2. Determine the amount of impairment loss. If a loss is indicated, where would it appear in General Optic’s multiple-step income statement?
3. If a loss is indicated, prepare the entry to record the loss.
4. & 5. Determine the amount of impairment loss assuming that the estimated undiscounted sum of future cash flows is $17,000,000 instead of $17,000,000 and $27,950,000 instead of $17,000,000.

If amounts of $2600 and $2000 are invested in raxin accounting bonds and stocks respectively, bonds will give a return over such investment that is more than $158 compared to that of stocks.

Using the given information, it can be calculated that the returns generated by bonds over an investment of $2600 for nine years will be $6870; whereas that for stocks will be $6712 for an investment of $2000.

\(\rm Better\ Return\ on\ Investment= Returns\ over\ Bonds – Returns\ over\ Stocks\\\\\rm Better\ Return\ on\ Investment= 6870-6712\\\\\rm Better\ Return\ on\ Investment= \$158\)

Hence, it has been computed that bonds have a generated a better return on investment at the rate of 11.4 percent for a period of nine years that is more by $158 than that of returns by stock investments.

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Answer:

Its A) 75.60 greater than that of stocks

Explanation:

ON EDGE

Finally, it is also functioning as a Store of Value, as the $10 bill can be saved for future use or exchanged for other goods or services at a later time.

Money is serving as a Medium of Exchange in this example. It is facilitating the exchange of goods or services by being accepted as a universally recognized form of payment. The $10 bill can be exchanged for goods or services that have a value equivalent to two $5 bills or ten $1 bills. It is also serving as a Measure of Value by providing a way to measure the worth of goods or services. The value of the $10 bill is equal to the combined value of two $5 bills or ten $1 bills. However, it is not serving as a Standard, as there are other forms of currency that can be used as well. Finally, it is also functioning as a Store of Value, as the $10 bill can be saved for future use or exchanged for other goods or services at a later time. Overall, money serves multiple functions in this example, but primarily it is facilitating the exchange of goods or services as a Medium of Exchange.

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Answer:

skilled workers take time to train

Explanation:

this means that a lot of time is spent on training which te would have been invested in production

Answer:

IRS

Explanation:

The product that is an example of a consumer good is shop gallon of milk to use in a bowl of cereal. Consumer goods are mostly consumed immediately.

Consumer goods are products or goods that are bought for consumption. Consumer goods are mostly finished products from a factory such as buscuit, cereals, milk, bread that can be sell on retail to the consumer.

The products are ate and mostly bought for personal use from a supermarket, store or exhibition.

Most of the consumer products can be consumed without any further processing.

Areas with high rate of consuming consumer products will have economic growth this is because the increase in it's demand help to improve economy.

Therefore, The product is an example of a consumer good is shop gallon of milk to use in a bowl of cereal.

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Answer:

Gallon of milk to use in a bowl of cereal

Explanation:

I got the question right

To determine the amount of cash paid to suppliers by Dooling Corporation, we would need additional information such as the accounts payable balance and any changes in accounts payable during the period.

Without this information, we cannot directly calculate the cash paid to suppliers. Cost of goods sold (COGS) represents the cost of inventory sold by a company during a specific period. It includes the cost of direct materials, direct labor, and manufacturing overhead associated with the production of goods. While COGS provides information about the cost of inventory sold, it does not directly indicate the cash outflows to suppliers. The payment to suppliers depends on various factors such as credit terms, timing of payments, and changes in accounts payable.

If you have additional information regarding accounts payable balance or changes in accounts payable, I would be happy to assist you in calculating the cash paid to suppliers.

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Based on the information provided in the question, the product life cycle stage that describes the industry in which Charles Schwab is operating is at a mature stage.

The product life cycle refers to the stages experienced by a product from the product being initially introduced to consumers until the product is removed from the market. The cycle is generally divided up into five stages: product development, market introduction, growth, maturity, and decline. The product life cycle is utilized by businesses and marketers for devising important decisions and strategies on product prices, packaging, and advertising budgets. Based on the scenario provided, Charles Schwab is operating at a mature stage. In the maturity stage, sales start to slow down after the rapid growth period and indicates that the market has started begun to reach saturation. At this point, companies start to reduce their prices so they can stay competitive amongst growing competition.

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The best alternative is False. While repetition and relevance are important learning principles, feedback is also a crucial component in the learning process.

Feedback helps individuals understand how they are progressing and identifies areas for improvement. It also reinforces positive behaviors and corrects mistakes. Without feedback, individuals may continue to make the same mistakes or have a skewed perception of their progress. Therefore, it is important to incorporate feedback into the learning process to maximize learning outcomes. Repetition, relevance, and feedback are all learning principles. Repetition helps in reinforcing memory and understanding, relevance makes the learning material more meaningful and engaging, and feedback provides valuable information to learners about their performance, enabling them to improve and adjust their learning strategies. All three principles play a significant role in the learning process.

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To calculate the average, Max, Min, and Count for rows 18-21 in columns B-E, you can use the following Excel functions: Average, Max, Min, Count.

Average: Enter the formula "=AVERAGE(B18:E18)" in cell B22, then drag it across cells C22, D22, and E22.

Max: Enter the formula "=MAX(B18:E18)" in cell B23, then drag it across cells C23, D23, and E23.

Min: Enter the formula "=MIN(B18:E18)" in cell B24, then drag it across cells C24, D24, and E24.

Count: Enter the formula "=COUNT(B18:E18)" in cell B25, then drag it across cells C25, D25, and E25.

In cell B25, you need to answer whether the average computed in B18-E18 is a good predictor of how much a new expense might cost next year. This question requires your judgment based on the specific context and nature of the expenses. Consider factors such as the stability of expenses over time, potential changes in the business environment, and other relevant information. Explain your answer in that cell based on your analysis.

To complete the assignment, follow the instructions provided to perform the necessary calculations and tasks in Excel. Use the appropriate functions for averaging, finding the maximum and minimum values, and counting. Create a bar chart, rearrange it as required, add a trendline for 'Salaries' expense, show the trendline equation, and copy it to cell B27. Additionally, calculate the predicted value for August for the salaries expense based on the equation and enter it into cell B28. Finally, use the given equation to calculate the monthly pay for a job with 235 job evaluation points and enter the equation and resulting value into cell E35.

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Answer:

Meeting certain requirements and needs. Your product or service could also offer convenience or comfort.

Explanation:

Answer:

D. Space within the advertising region that is left unmarked and unfilled

Explanation:

Hope this helps!!

The meaning of the word  white space in advertising refers to Space within the advertising region that is left unmarked and unfilled. Thus, option (D) is correct.

Advertising is a marketing strategy that involves paying for advertising space to sell a product, service, or movement. Marketing messages, or ads for short, are the real commercial messaging.

Advertising's purpose is to contact those who are most likely to be ready to pay for a company's goods or services and convince them to purchase them.

White space in a design is empty space or negative space that occurs surrounding all text in a design layout used in advertising. The space may seem to be empty, yet it is most likely the most crucial aspect of how the design seems to the human eye.

Therefore, it can be concluded that option (D) is correct.

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Explanation:

Manuel has several options for communicating with his supplier to place regular orders for fruits and vegetables. Three potential methods include phone calls, emails, and electronic ordering systems (e.g., a dedicated supplier platform, mobile app, or EDI). We will analyze the advantages and disadvantages of each of these methods and recommend the best option for Manuel.

1. Phone calls:

Advantages:

- Direct, real-time communication with the supplier allows for immediate clarification of issues or negotiations.

- Personal interaction may help strengthen the client-supplier relationship.

- Can be executed quickly in urgent or last-minute situations.

Disadvantages:

- No written record of the conversation, potentially leading to misunderstandings or information loss.

- Requires both parties to be available at the same time.

- Longer or more complex orders might be prone to mistakes, as there is no transcript to review.

2. Emails:

Advantages:

- Provides a written record of the order, clarifying expectations and minimizing miscommunication.

- Allows for asynchronous communication, with no need to coordinate schedules.

- Ability to attach documents or images, if necessary.

Disadvantages:

- May lack the personal touch found in phone calls.

- Time-sensitive requests may not receive an immediate response.

- Emails can be lost or delayed due to spam filters, server issues, or full inboxes.

3. Electronic ordering systems (supplier platform, mobile app, EDI):

Advantages:

- Streamlines the ordering process, with consistent formats and fields.

- Real-time updates on inventory, pricing, and delivery schedules.

- Can integrate with other systems such as accounting and inventory management.

- Reduces manual data entry and hence errors.

Disadvantages:

- May require initial investments in technology or training.

- Potential issues with data privacy or platform compatibility.

- If the system crashes or experiences technical issues, orders may be delayed or lost.

Recommendation:

Based on the analysis, the best method for Manuel would be an electronic ordering system. Although it may require some initial investment and training, it provides a streamlined, efficient approach to ordering, reducing the likelihood of errors and offering real-time updates. This method will also save time, as it eliminates the need for coordination and manual data entry. Integration with other systems further supports business operations and decision-making.

While emails may offer a written record of the order, electronic ordering systems provide this advantage without the risk of delays or lost messages. Phone calls, on the other hand, may allow for personal interaction but lack the consistency, documentation, and automation that electronic systems provide. Overall, an electronic ordering system is the most effective and reliable choice for placing regular orders with the supplier.

The true statement among the given options is A, which states that service processes are generally people-centered.

Service processes are those processes that involve providing intangible services to the customers, such as healthcare, banking, hospitality, or transportation. In these processes, the service provider directly interacts with the customers to deliver the service, and hence, it is people-centered.

Service processes are known for their high degree of variability due to the subjective nature of service delivery and the involvement of human interaction. Therefore, option D is not correct. In contrast, manufacturing processes involve the production of tangible goods that have a higher degree of standardization and less variability. Hence, option B is incorrect.

Moreover, service processes have a higherdegree of customer contact as the customers are directly involved in the process, and their satisfaction is crucial for the success of the service. Hence, option C is also not correct.

To conclude, option A is the true statement among the given options, as service processes are people-centered and involve direct interaction with customers, leading to a high degree of variability and subjective nature of service delivery.

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Standard time for employee performance reviews typically range from once every six months to once a year, and they are important for evaluating employee performance and providing feedback

While company policies can vary, the standard times for employee performance reviews typically range from once every six months to once a year.

These reviews are an important tool for employers to evaluate employee performance, provide feedback and identify areas for improvement.

Conducting regular performance reviews helps to establish clear expectations, set goals and provide opportunities for professional development.

The frequency of reviews can depend on factors such as the size of the company, the nature of the job, and the level of experience of the employee.

Some companies may conduct performance reviews more frequently for new employees or those in more critical roles, while others may opt for annual reviews for all employees.

Regardless of the frequency, regular performance reviews are essential for fostering employee growth and development, and for maintaining a productive and motivated workforce.

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The complete question is :

16. While company policy determines how often an employee performance review is conducted, standard times for reviews typically range from once every six months to once a year?

Answer:

C

Explanation:

OSHA governs job-related health and safety in the private sector and federal government in the United States. It sets and enforces standards for workplace safety, provides training and education to employers and employees, and conducts inspections to ensure compliance with regulations. Thus, option C is correct.

The Occupational Safety and Health Administration (OSHA) is a United States federal agency that is responsible for setting and enforcing workplace safety and health standards.

It was created as part of the Occupational Safety and Health Act of 1970, and its mission is to prevent work-related injuries, illnesses, and deaths by promoting safe and healthy working conditions.

OSHA establishes and enforces standards, provides training and education, and conducts inspections to ensure that employers are complying with regulations.

Its jurisdiction covers most private sector employers and their workers, as well as some public sector employers and workers in the United States.

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Answer:

false

Explanation:

Controls that could have prevented or detected the fraud include: (1) requiring supporting documentation such as receiving reports and purchase orders of all payments, (2) requiring approval by an independent party, and (3) allowing payments to only vendors who have been previously approved by upper management.

In law, fraud is intentional deception to cozy unfair or illegal advantage or to deprive a sufferer of a criminal right. Fraud can violate civil law (e.g., a fraud sufferer might also sue the fraud offender to avoid the fraud or recover monetary compensation) or criminal law (e.g., a fraud perpetrator can be prosecuted and imprisoned by governmental authorities), or it is able to reason no loss of cash, assets, or criminal proper however still be a detail of every other civil or criminal wrong.

The purpose of fraud may be a financial benefit or different benefits, for instance by acquiring a passport, travel report, or motive force's license, or mortgage fraud, wherein the offender might also try to qualify for a loan via manner of false statements.

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The largest employer in the country which can also be regarded as largest purchaser of goods as well as services is U.S. federal government.

Therefore, U.S. federal government is right.

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Answer:

claims clerk im pretty sure ;)

Explanation:

The job in the Finance career pathway that is best for someone with knowledge of risk factors for insurance claims is Claims Clerk.

An insurance claim is a formal request by a policyholder to an insurance company for coverage or compensation for a covered loss or policy event. The insurance company validates the claim and, once approved, issues payment to the insured or an approved interested party on behalf of the insured. For property casualty insurance, such as for your car or home, filing a claim can cause rate hikes to your future premiums.

A claims clerk is vital to ensure that insurance companies run smoothly and settle disputes over denied claims efficiently. This position is a mediator between the insurance company and a person filing for claims to come to terms.  

Thus. the job in the Finance career pathway that is best for someone with knowledge of risk factors for insurance claims is Claims Clerk.

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Answer:

Explanation: Net Sales = $3800

Net income= $294

Profit margin ratio= Net income/Net sales x 100

                                =$294/$3800 x 100

                                 =7.73%

The quality system that managers use note sheets to recall topics to share with employees during the pre-shift meeting, looking for recurring problems to address is known as the Total Quality Management (TQM) system.

TQM is a comprehensive approach to management that aims to improve customer satisfaction and organizational performance by involving all employees in continuous improvement processes. In TQM, the pre-shift meeting is an essential part of the process, where managers and employees come together to discuss the workday ahead, review ongoing projects, and share information.

The use of note sheets during pre-shift meetings is a common practice in TQM. Managers use these notes to record important information that needs to be communicated to employees, such as recurring problems that need to be addressed. By using these notes, managers can ensure that they do not forget to cover critical topics during the meeting and that employees receive consistent and relevant information.

Addressing recurring problems is a crucial aspect of TQM. Managers use the pre-shift meeting to discuss recurring problems, analyze their root causes, and develop strategies to eliminate them. By doing so, managers can improve the quality of products and services, increase efficiency, and reduce waste. Moreover, involving employees in the problem-solving process fosters a sense of ownership and commitment to quality improvement.

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Answer:

1.) entry-level, 2.) full-time job, 3.) Salaried Job, 4.) Job with Benefits

Explanation:

Got it right of edge.

Answer:

Aziz is hired as a Nanny even though he doesn't have any experience with it yet.

✔ entry-level job

Martina is a Mental Health Counselor who works 40 hours per week.

✔ full-time job

Ethan is a Healthcare Social Worker who is paid the same amount every week no matter how many hours he works.

✔ salaried job

Noa is a Customer Service Representative who gets health insurance from her employer.

✔ job with benefits

Explanation:

The COGITO is an expert system that is used to monitor what consumers are saying in blogs, comment sections and web based articles.

The COGITO is a system that helps to check how well a communication is going. It gives real time coaching to professionals.

The COGITO is used to know the perception that the users have on certain issues.

It helps by listening to the tone, the pitch and the frequency of words that the customers use.

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Policy interventions can impact the supply and demand equilibrium for a product by leading to a disequilibrium between demand and supply.

Policy interventions are when the government give directives in order to bring about a desired effect. For example, the government can institute a bind price ceiling. This means that the goverment sets the maxium price for a good. This would lead for an excess of demand over supply.

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In the question given, city employees earned $3.6 million in vacation pay in 2018 that they did not use during the year. The city estimated that of this amount, $2.8 million will be paid in 2019 (out of amounts budgeted for that year), $0.6 million will be paid in subsequent years, and the balance of $0.2 million will not have to be paid. The amount that the city should add to a fund-statement liability as of year-end 2018 is $0.6 million. The correct option is (B) $2.8 million. How to get to the answer: The $2.8 million should be included in the liability for the fiscal year ending in 2018. The $0.6 million represents the amount that is going to be paid in subsequent years, so it does not have to be recorded in 2018. As a result, the $0.2 million will not be paid, therefore it does not have to be recorded in 2018. Hence, the amount that the city should add to a fund-statement liability as of year-end 2018 is $2.8 million.

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Answer:

Sole proprietorship

Explanation:

I’m not 100% sure but it’s a sole individual business