If beginning retained earnings is $35,000, net income is $7,300 and dividends are $3,000, what is the amount of ending retained earnings?

Answers

Answer 1

The amount of ending retained earnings is 39300$  if beginning retained earnings are $35,000, net income is $7,300 and dividends are $3,000.

The amount of profits the business keeps in the company is actually represented by Retained earnings. These retained earnings which are at the end of a particular accounting period is one called Ending retained earnings. In a company’s balance sheet both the ending as well as the beginning retained amount would be visible.

First, add the net income to the particular previous retained earnings and then subtract the net dividend amount. In this way, new retained earnings are calculated. At the end of each accounting period, the retained earnings are figured as monthly/quarterly/annually.

Here previous Retained earnings= $35,000, net income =$7300, net dividend amount=$3000

Therefore, ending retained earnings=(Net income+previous retained earnings)-net dividend amount

=(7300+35000)-3000

=39,300$

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Related Questions

Do you feel that this country has made adequate progress in providing women with rights that are equal to that of men? Explain your answer.

Answers

Answer:

Yes.

Explanation:

There are so many opportunities for women to rise to the level of, if not surpass men. The 70 cents to the dollar thing is entirely false, and when accounting for the field and position, women typically make more than men. For single mothers, there is the WIC program (women, infants and children), but can you name a program that specifically supports single fathers? And, somewhat related sidenote, there is the whole "believe all women movement", (which in itself is sexist, but I yield) could you imagine if someone started saying "believe all men"? There is no way that would go over well.

Which mortgage clause allows a lender to regain their investment ifa borrower does not pay his payment?a. acceleration clause b. alienation clause c. due on sale d. defeasance clause

Answers

Option(A) is the correct answer.

Acceleration clause allows a lender to regain their investment if a borrower does not pay his rent.

What is acceleration clause in real estate?

The "accelerated provision" of a loan agreement describes the circumstances under which the borrower is required to make an immediate full repayment of the loan. When the borrower substantially violates the terms of the loan arrangement, an accelerated clause is often triggered.

For instance, the acceleration clause in most mortgages kicks in if the borrower skips too many payments. Commercial and residential mortgages are the ones that typically have acceleration clauses. Some leases may also include them.

The borrower may be permitted to repay the loan in full before the loan's maturity date, according to an accelerated provision.

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Agency (or a special department set up for the purpose) for full or partial recovery of the amount

Answers

An Agency (or a special department set up for the purpose) for full or partial recovery of the amount is called a Debt collection agency.

A debt collection agency is imparted to proceed the duty to take money from a paycheck, bank account and can also get benefitted called garnishment as if they have already sued the person and a court will enter into a judgment against you for the particular amount of money which is supposed to owe.

The law is set up under certain limits on how much money a debt collector can garnish the wages and bank accounts as well. The work of Debt collector deals with the work of debt-collection agencies as very often, even though some operates as independent one.

Some generally exist as attorneys and sometimes these agencies tend to act as middlemen, collecting delinquent debts of customers as the debts that are at least within 60 days past in case of due and will be remitted them to the original creditor who is responsible.

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Two sets of cash flows are shown in the table below. Year 0 1 2 3 4 Cash Flow, Series I $125 $100 $75 $50 $25 Cash Flow, Series II $X $ 2X $3X $ 4X $5X If these sets are equal at 8% interest rate, determine the unknown value, X. 5 $0 $7X

Answers

The value of X that will make the cash flow series I and II equal at an 8% interest rate is approximately 30.05.

To determine the unknown value X in the cash flow series II, we need to set up an equation using the concept of present value.

The present value (PV) of each cash flow in a series can be calculated using the formula:

PV = CF / (1 + r)²n

Where PV is the present value, CF is the cash flow, r is the interest rate, and n is the number of years.

Using the information given and assuming an 8% interest rate, we can set up the equation:

125 / (1 + 0.08)²0 + 100 / (1 + 0.08)²1 + 75 / (1 + 0.08)²2 + 50 / (1 + 0.08)²3 + 25 / (1 + 0.08)²4 = X / (1 + 0.08)²5 + 2X / (1 + 0.08)²6 + 3X / (1 + 0.08)²7 + 4X / (1 + 0.08)²8 + 5X / (1 + 0.08)²9

Simplifying the equation:

125 + 100 / (1 + 0.08) + 75 / (1 + 0.08)²2 + 50 / (1 + 0.08)²3 + 25 / (1 + 0.08)²4 = X / (1 + 0.08)²5 + 2X / (1 + 0.08)²6 + 3X / (1 + 0.08)²7 + 4X / (1 + 0.08)²8 + 5X / (1 + 0.08)²9

Using a calculator or software, we can calculate the left side of the equation:

125 + 100 / (1 + 0.08) + 75 / (1 + 0.08)²2 + 50 / (1 + 0.08)²3 + 25 / (1 + 0.08)²4 = 286.549

Now we can substitute this value into the equation:

286.549 = X / (1 + 0.08)²5 + 2X / (1 + 0.08)²6 + 3X / (1 + 0.08)²7 + 4X / (1 + 0.08)²8 + 5X / (1 + 0.08)²9

Simplifying further:

286.549 = X / (1.4693) + 2X / (1.6010) + 3X / (1.7350) + 4X / (1.8716) + 5X / (2.0109)

To solve for X, we can multiply both sides of the equation by the denominators to eliminate the fractions:

286.549 * (1.4693)(1.6010)(1.7350)(1.8716)(2.0109) = X * (1.6010)(1.7350)(1.8716)(2.0109) + 2X * (1.7350)(1.8716)(2.0109) + 3X * (1.8716)(2.0109) + 4X * (2.0109) + 5X

Simplifying further:

286.549 * (1.4693)(1.6010)(1.7350)(1.8716)(2.0109) = X * (1.6010)(1.7350)(1.8716)(2.010

9) + 2X * (1.7350)(1.8716)(2.0109) + 3X * (1.8716)(2.0109) + 4X * (2.0109) + 5X

Using a calculator or software, we can calculate the left side of the equation:

286.549 * (1.4693)(1.6010)(1.7350)(1.8716)(2.0109) = 2949.83

Now we can solve for X:

2949.83 = X * (1.6010)(1.7350)(1.8716)(2.0109) + 2X * (1.7350)(1.8716)(2.0109) + 3X * (1.8716)(2.0109) + 4X * (2.0109) + 5X

Combine like terms:

2949.83 = X * 11.6078 + 2X * 10.2754 + 3X * 9.2063 + 4X * 8.3400 + 5X

2949.83 = 11.6078X + 20.5508X + 27.6189X + 33.3600X + 5X

Combine like terms:

2949.83 = 98.1377X

Divide both sides by 98.1377:

X = 30.05 (rounded to two decimal places)

Therefore, the value of X that will make the cash flow series I and II equal at an 8% interest rate is approximately 30.05.

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George
b. smith, president of forecasters inc., reported that the correlation coefficient between investment in the textile industry and the average temperature in minnesota during january is -0.60. does the sign of the correlation make sense to you? explain your reasoning.

Answers

Answer: Yes, because negative correlation coefficient implies there is negative correlation between quantities.

Explanation:

Correlation is a term we use to define the strength and direction of relation ship between two variables.

Negative correlation coefficient means there is a negative correlation between the variables , that is if one increases the other decreases.

Here, variables are : " investment in the textile"  and "average temperature in Minnesota during January "

So -0.60 defines that there is negative correlation between the investment in the textile and the average temperature in Minnesota during January.

Which of these is an example of using secondary data for market research?

A. Interviewing a customer after making a purchase
B. Using census data to find information about your target market
C. Conducting a customer satisfaction survey
D. Observing a focus group test a company's new product prototype

Answers

Answer:

B. Using census data to find information about your target market

Explanation:

Using census data to find information about your target market is an example of using secondary data for market research. Option (b) is correct.

What do you mean by Focus?

Focus is a center of activity, attraction, or attention.

Secondary data is information that was gathered earlier by another party. questionnaires, personal interviews, observations, experiments, etc. Publications, websites, books, journal articles, internal documents, etc. produced by the government.

Therefore, Option (b) is correct. Using census data to find information about your target market is an example of using secondary data for market research.

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deposits are made at the end of years 1 through 7 into an account paying 9.5% interest. the deposits start at $6,500 and increase by $1,100 each year.

Answers

$87852.2 will be in the account immediately after the last deposit

How much will be in the account immediately after the last deposit?

Given:

I  =  9.5%

G =  $1,100

A =  $6,500

n = 7 years

= \(A[\frac{(1+i)^n - 1}{i}] + G[\frac{(1+i)^n - in - 1}{i^2}]\)

= \([$6500[{((1+0.095)^7 - 1)}/{0.095}] + $1100 [ {(1.095^7 - 0.095x7 -1)}/{0.095^2}]]\)

=  $60727.2 + $27125.4

= $87852.2

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Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.​

Answers

Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.

Danny’s boss is apathetic as to whether Danny works at home, at the office, or from his beach house. All he cares about is that the project is completed on time, on budget, and with exemplary quality. Which characteristic of organizational culture describes this aspect of Danny’s job?

Answers

The question is incomplete:

Danny’s boss is apathetic as to whether Danny works at home, at the office, or from his beach house. All he cares about is that the project is completed on time, on budget, and with exemplary quality. Which characteristic of organizational culture describes this aspect of Danny’s job?

A) low risk taking

B) high outcome orientation

C) high attention to detail

D) low aggressiveness

E) high stability

Answer:

B) high outcome orientation

Explanation:

-Low risk taking  is when coservative decisions are made to avoid a high possibility of losing everything.

-High outcome orientation is when a business has high expectations and is focus on having good results.

-High attention to detail  is when companies want their employees to focus on precision and attention to detail.

-Low aggressiveness  is when people are not competitive.

-High stability is when the activities are focused on maintaining the existing structure.

According to this, the answer is that the characteristic of organizational culture that describes this aspect of Danny's job is high outcome orientation because his boss is focused on getting good results.

Due to COVID-19, a vehicle brake pad supplier estimates that 10% of online orders will be cancelled. Assume that the supplier has capability to supply 500 piece of brake pad on time for this round of order. How many online orders should be accepted if the supplier would like to ensure at least a 0.99 probability that all prospective order will be delivered on time?

Answers

Given: Probability of completing order on time = 0.99Total brake pads available = 500 piecesOnline orders estimated to be cancelled = 10%Let x be the number of online orders accepted.

1-Then, the probability that all prospective orders will be delivered on time is greater than or equal to 0.99. Therefore, we can write the equation as:P(X ≤ x) ≥ 0.99Since there is a 10% chance that an order will be cancelled, the probability of completing the order is 0.9.

2-Therefore, the probability that the order is cancelled is:P(Order is cancelled) = 0.1Let Y be the number of orders that will be cancelled. Then, we can write the equation for the probability that Y orders will be cancelled as:P(Y) = (0.1)Y (0.9)x-YThe probability of getting at most x orders completed is:

3-P(X≤x)=Σ[P(Y)]=P(Y=0)+P(Y=1)+P(Y=2)+...+P(Y=x)≥0.99Substituting the value of P(Y) in the above equation, we get:P(Y) = (0.1)Y (0.9)x-YP(X ≤ x) = Σ[P(Y)]≥0.99P(X ≤ x) = P(Y=0) + P(Y=1) + P(Y=2) +...+P(Y=x)≥0.99P(X ≤ x) = 0.9x + 0.1(0.9)x-1 + 0.1²(0.9)x-2 + ... + 0.1x= Σ0.9i 0.1x-i+1≥0.99where i ranges from 0 to x-1.

4-To solve the above equation, we need to use a table. The table contains values for Σ0.9i 0.1x-i+1for different values of x. The table is given below:xΣ0.9i 0.1x-i+13 1.0000 2 1.9000 3 2.7100 4 3.4390 5 4.0951 6 4.6856 7 5.2170 8 5.6953 9 6.1268 10 6.5171

5-Since the probability of completing the order on time is greater than or equal to 0.99, we need to choose the smallest x for which Σ0.9i 0.1x-i+1≥0.99.From the table above, we can see that Σ0.9i 0.1x-i+1≥0.99 when x=6.Therefore, the number of online orders that should be accepted is x = 6.

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Myca Corp has a project with the following cash flows. What is the value of the cash flows today assuming an annual interest rate of 10.4 percent?Year 1 $1,900Year 2 $2,420Year 3 $2,780Year 4 $2,790

Answers

The present value of Myca Corp.'s income, expecting a yearly loan cost of 10.4 percent, is roughly $7,574.37.

We will compute the present value (PV) of each income utilizing the equation: PV = CF/(1 + r)^n, where CF is the income, r is the loan cost, and n is the year.

Year 1: PV1 = $1,900/(1 + 0.104)^1 ≈ $1,719.57

Year 2: PV2 = $2,420/(1 + 0.104)^2 ≈ $1,973.69

Year 3: PV3 = $2,780/(1 + 0.104)^3 ≈ $2,039.87

Year 4: PV4 = $2,790/(1 + 0.104)^4 ≈ $1,841.24

The total present value is the amount of these singular present qualities:

PV total = $1,719.57 + $1,973.69 + $2,039.87 + $1,841.24 = $7,574.37

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Question 3 of 10
Which situation would most likely be covered by long-term disability
insurance?
OA. Elena takes six months off of work after having a second child.
B. Diego takes three months off of work to help care for his aging
father.
C. Omar misses three days of work after having an accident on the
job.
D. Victoria misses work for nine months after suffering a bad injury.

Answers

Answer:

The situation that is most likely to be covered by long-term disability insurance is option D, where Victoria misses work for nine months after suffering a bad injury. Long-term disability insurance is designed to provide income replacement for an extended period of time in the event that an individual becomes unable to work due to a serious illness or injury. In this case, Victoria's injury has caused her to miss work for a significant length of time, which would likely qualify her for long-term disability insurance benefits.

Option A, where Elena takes six months off of work after having a second child, would not typically be covered by long-term disability insurance, as this is a planned absence from work and not due to an unexpected illness or injury.

Option B, where Diego takes three months off of work to help care for his aging father, would also not be covered by long-term disability insurance, as this is a personal leave and not due to a disability or injury that prevents him from working.

Option C, where Omar misses three days of work after having an accident on the job, is a short-term absence and would not typically be covered by long-term disability insurance, which is designed to provide coverage for extended periods of time.

Is there any budget category Tristan should be concerned about? Explain your answer.

Answers

The specific budget category Tristan should be concerned about depends on his individual financial situation. However, common categories that individuals need to monitor closely include housing, transportation, debt repayment, groceries and dining out, and entertainment and recreation.

However, there are some common budget categories that individuals generally need to pay close attention to. Here are a few examples:

Housing: Housing expenses, including rent or mortgage payments, utilities, and maintenance costs, often comprise a significant portion of an individual's budget. It is crucial for Tristan to ensure that he can afford his housing expenses without straining his overall budget.

Transportation: Transportation costs, such as car payments, fuel, insurance, and maintenance, can add up quickly. Tristan should evaluate his transportation needs and consider more cost-effective alternatives if necessary, such as using public transportation or carpooling.

Debt Repayment: If Tristan has any outstanding debts, such as credit card debt or student loans, it is important for him to prioritize debt repayment and allocate a portion of his budget towards paying off these obligations. High-interest debts can accumulate quickly and hinder long-term financial stability.

Groceries and Dining Out: Food expenses can vary significantly depending on personal preferences and lifestyle choices. Tristan should monitor his grocery spending and evaluate whether dining out is within his budget. Meal planning and cooking at home can help reduce costs in this category.

Entertainment and Recreation: While it is important to enjoy leisure activities, Tristan should be mindful of his entertainment and recreational expenses. It may be necessary to set a limit on discretionary spending in this category to ensure overall financial well-being.

It's crucial for Tristan to assess his income, expenses, and financial goals to determine which budget categories require the most attention.

By tracking his expenses, setting realistic financial goals, and making necessary adjustments, Tristan can ensure he is effectively managing his budget and addressing any potential areas of concern.

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So the owners of a computer repair shop can better formulate strategies, they are doing a SWOT analysis to understand the strengths and weaknesses within their company and the opportunities and threats of the external environment. These are some of the benefits of doing a SWOT analysis. True or false?

Answers

These are some of the benefits of doing a SWOT analysis. This is a true statement.

The SWOT analysis's weaknesses are what?

Weaknesses. An organization can't operate at its best capacity when it has weaknesses. The following are examples of areas where the company needs to make improvements in order to be competitive: a weak brand, higher-than-average turnover, excessive levels of debt, an insufficient supply chain, or a lack of cash.

What are some examples and a SWOT analysis?

Strengths, Weaknesses, Opportunities, and Threats are widely referred as SWOT. You have some command over and can make adjustments to your internal company strengths and shortcomings. The people on your team, your patents and other intellectual property, and the location are a few examples.

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Which of the following statements is the best statement for the law of supply? Price and quantity supplied are inversely related. Price and quantity supplied are directly related. Price and quantity supplied are inversely related, ceteris paribus Price and quantity supplied are directly related, ceteris paribus. Price and supply are directly related, ceteris paribus

Answers

Option d. Price and quantity supplied are immediately related, ceteris paribus. This choice is right due to the fact the regulation of grant states that there exists one to one relationship between rate and quantity supplied.

What is the regulation of provide brief answer?

The regulation of grant is the microeconomic regulation that states that, all other factors being equal, as the rate of a right or provider increases, the extent of items or services that suppliers provide will increase, and vice versa.

A sandwich shop will increase the variety of sandwiches they supply each and every day when the rate is increased. Law of provide states that as the charge of accurate will increase the extent furnished by way of the producer additionally increases.

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Do you think Lance is right to be concerned about Leroy's plan for growth? Justify your answer.

Answers

Lance is right to be concerned about Leroy's plan for growth. Leroy's plan is not feasible, and Lance should communicate his concerns with Leroy.

Lance must convey his concerns to Leroy to assist him in developing a more feasible growth strategy. Leroy's plan is to double the size of his business within a year. It is a commendable goal, but the approach he has outlined is not feasible. Leroy is unable to raise the capital required for this growth strategy. He does not have the required cash reserves to finance the expansion, and acquiring the financing required for the expansion could result in high-interest rates. Leroy is also not ready to scale up his business.

He has inadequate staff and no systems or processes in place to ensure the smooth functioning of the business. He will need to employ more people, and he must have systems in place to manage these new employees effectively. Moreover, the market may not be ready for the company's growth. The company's sales growth may slow, leading to a decline in revenue. Leroy must do market research before scaling up his business. Lance should discuss all of these issues with Leroy and advise him on what to do next.

To summarize, Lance is justified in being concerned about Leroy's growth plan. It is critical for Leroy to recognize that scaling up his business would necessitate more than simply doubling its size. Leroy must reassess his goals and come up with a more realistic plan for growth.

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basic assumptions represent the core values of an organization and are

Answers

The basic assumptions represent the core values of an organization and are those taken for granted and highly resistant to change.

Basic assumptions are basically the source of values and what causes actions within the organization

Basic assumptions of an organization are usually not discussed, been written or easily found, but they are known.

Sometimes, the basic assumptions are sometimes taken for granted by employees but they hardly changed because they are underlying.

The basic assumptions comprises of the unconscious thoughts, beliefs, perceptions, feelings etc.

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Answer: difficult to change

Explanation:

healthcare, paid time off, disability insurance, and matching contributions to a retirement account are all types of

Answers

Answer:

people

Explanation:

because I know ..........................

Mrs. A’s spouse had bought life insurance from RLI in September 2008. However, Mrs. A has taken a life insurance from Max. Life Insurance on July 2008. This information is not shared with RLI. After the death of her spouse Mrs. A made a claim under the policy in February 2009. While RIL was making a decision on this claim, Max life informed it of the previous insurance. Because Mrs. A has not revealed this information, RIL rejected her claim. Discuss compliances related to this case laws. What necessary steps has to be taken under the provisions of IRDAI under this matter

Answers

This situation highlights the importance of complying with insurance regulations and disclosing all relevant information to insurers.

What are the key compliances and steps related to IRDAI provisions?

In this scenario, the key compliances and steps related to IRDAI provisions are:

1. Disclosure of Material Facts: Policyholders must provide complete and accurate information about previous insurance policies, as per IRDAI guidelines. Mrs. A failed to comply with this requirement.

2. Claim Investigation: RLI, as an insurer, has the right to investigate the claim thoroughly. When Max Life informed RLI of the previous insurance, RLI's decision to reject the claim was based on the non-disclosure of material facts.

3. Remedial Measures: Mrs. A can approach the Insurance Ombudsman or consumer court for dispute resolution. However, due to the non-disclosure, her chances of a favorable decision might be low.

4. Insurer Responsibility: Both RLI and Max Life should follow IRDAI guidelines on claim settlements and customer grievance redressal mechanisms. In conclusion, the non-disclosure of previous insurance by Mrs. A led to RLI rejecting her claim.

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HELP WIL GIVE BRAINLIEST

HELP WIL GIVE BRAINLIEST

Answers

a) export
b) import
c) quota
d) tariff
e) subsidy
Subsidy E
Quota C
Import B
Export A
Tariff D


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Happy​ Trails, Inc. manufactures railway coaches and uses the FIFO method of process costing to record costs. The WorkminusinminusProcess Inventory of the Heating Department on October 1 was 73​% complete for materials and 23​% complete for conversion costs. On October​ 31, its ending WorkminusinminusProcess Inventory was 80​% complete for materials and 43​% complete for conversion costs. This means that for the ending​ inventory, ________% of the materials and​ ________% of the conversion costs were added during October.

Answers

Answer:

80 % of materials ;  43 % of conversion costs

Explanation:

The FIFO method traces equivalent units for materials and conversion costs for the following categories :

Opening Work in Process unitsUnits started and completedEnding Work in Process units

So the units not completed from last months are the first to be completed during the month (hence To finish Opening Work in Process). During the year there are units started and completed (hence Units Started and Completed) and units started that never gets completed (hence Ending Work in Process units).

All these physical units need to be expressed to the percentage of work done on them - equivalent units.

The question is focusing on Number 3 - Ending Work in Process units. So 80 % of materials and 43 % of conversion costs were added during October for these units.

Match each term with its description. Match Term Definition Economy A) Make or provide goods and services that consumers buy and use. Free enterprise system B) People who buy and use goods and services. Producers C) A system in which individuals or businesses may buy, sell, and set prices with little government control. Consumers D) How people produce, distribute, and use goods and services. Supply E) The amount of goods and services available for sale.

Answers

Answer:

A) Make or provide goods and services that consumers buy and use.- Producers.

B) People who buy and use goods and services.-  Consumers.

C) A system in which individuals or businesses may buy, sell, and set prices with little government control.- Free enterprise system.

D) How people produce, distribute, and use goods and services.- Economy.

E) The amount of goods and services available for sale.- Supply.

Explanation:

1. A producer is a term used for the ones producing the goods. They are the ones who make, provide, and supply goods and services to 'consumers' to buy or use as they please.

2. Consumers are the ones 'taking in' the provides goods and services from the producers. They are the receiving end of the service line, people who buy and use the producers' products.

3. Free enterprise system is a system where individuals can sell, buy, and even set prices on goods and services without the government setting a limit. This is a freedom of regulation where the individuals have the freedom to do anything with their services and goods.

4. An economy is a system of human labor where people who produce and those who receive the services and goods of these producers come together. This system is an exchange of services and labor, that of exchange and consumption between the producers and consumers.

5. Supply is the number of goods and services available for the consumers to avail. It is the number of goods and services available or made available in the market.

Additional Algo 11-6 Holding Cost per Unit A company usually hoids 370 pounds of wax in its warehouse. The company uses 36 pounds of wax per day and it takes 2 days for wax purchased from the supplier to arrive. The holding cost for wax is $0.19 per pound per day. What is the company's average holding cost (per pound for wax)? Note: Round your answer to 2 decimal places.

Answers

Therefore, the company's average holding cost per pound for wax is approximately $0.01849.

To calculate the company's average holding cost per pound for wax, we need to consider the amount of wax held in the warehouse and the number of days it takes for the wax to arrive.

1. Find the total amount of wax held in the warehouse:
The company usually holds 370 pounds of wax in its warehouse.

2. Determine the number of days it takes for the wax to arrive:
It takes 2 days for the wax purchased from the supplier to arrive.

3. Calculate the total holding cost per day:
The holding cost for wax is $0.19 per pound per day.

To calculate the total holding cost per day, multiply the holding cost per pound ($0.19) by the amount of wax used per day (36 pounds):
Total holding cost per day = $0.19/pound * 36 pounds = $6.84

4. Calculate the average holding cost per pound for wax:
To find the average holding cost per pound, divide the total holding cost per day by the amount of wax held in the warehouse:
Average holding cost per pound = Total holding cost per day / Amount of wax held in the warehouse

Substituting the values:
Average holding cost per pound = $6.84 / 370 pounds

Calculating the value:
Average holding cost per pound = $0.01849 (rounded to 2 decimal places)

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June enters into a contract with Steeley Company to purchase a washer and dryer. She doesn’t understand the financing terms but signs the agreement anyway because she needs the appliances. The financing terms violate state laws on interest rate limits and she is unable to make all of her payments when they are due. Steeley sues when June breaches the contract. The court would:

Answers

Answer: be exercising judicial restraint if it requires June to pay as she promised, even if the agreement was unfair and unwise.

Explanation:

Judicial restraint simply means a situation whereby judges aren't allowed to inject their own preferences into rulings and legal proceedings. It simply means that judges should limit exercising their own power during legal proceedings.

In this case, since June doesn't understand the contract but still signed, the court would be exercising judicial restraint if it requires June to pay as she promised, even if the agreement was unfair and unwise. It's advisable for the court not to interfere in the matter and follow the normal proceedings.

When is conducting a private money-making venture using your Government-furnished computer permitted?

Answers

Conducting a private money-making venture using a Government-furnished computer is not permitted.

It is important to remember that Government-furnished equipment is provided for official use only and should not be used for personal gain or profit. This is considered a violation of ethics rules and can lead to disciplinary action or even criminal charges. Government employees are expected to use their equipment and resources solely for official purposes and to protect sensitive information from unauthorized disclosure.

Moreover, government computers are equipped with software that monitors activity and records all keystrokes, internet history, and email communication. Therefore, any attempt to use the government-furnished computer for personal gain or profit can be easily detected and investigated. It is essential to abide by ethical principles and avoid any activities that may compromise the integrity and trustworthiness of the government. If an employee has a business idea that they believe could be profitable, it should be pursued using personal equipment and during personal time outside of the office.

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When selecting portable electric tools to make curved cuts in thicker (heavier) material, a ____ saw is a better choice than a ____ saw.

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When selecting portable electric tools to make curved cuts in thicker (heavier) material, a jigsaw is a better choice than a circular saw.

A jigsaw is designed for intricate cuts, such as curves, while a circular saw is better suited for straight cuts in thicker material. Jigsaws have a reciprocating blade that moves up and down, allowing for more control and precision when making cuts. They also have a smaller blade, which makes it easier to navigate around curves and tight corners.

On the other hand, a circular saw has a large, circular blade that is better suited for making long, straight cuts through thick material. While both tools have their strengths, a jigsaw would be the better choice for making curved cuts in thicker materials, such as plywood or hardwood.

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What are some ways that overpopulation could be stopped?

What are some ways that overpopulation could be stopped?

Answers

Answer:

Educating the general public, Promote family planning, government incentives

Explanation:

Some ways that could stop overpopulation is by having more incentives for people who don't have as many kids and by promoting family planning. People will be more educated and know the consequences of having to many children. The more educated they are the less likely they are to have mulitple children because they will know that having children is expensive.

15. In the retail product cycle, what step comes after distribution of products?
A. Distribution
B. Selection
C. Selling
D. Allocation

Answers

The step that comes after the distribution of products in the retail product cycle is to be considered as the option c. Selling.

What is the retail product cycle?

It is the cycle that involved many stages like innovation, accelerated development, maturity and decline,

When the product is distributed so after that it should be selling step should come.

hence, the option c is correct.

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The president is responsible for the communication and ongoing relationship between America and other nations of the world. This is known as _____.

checks and balances
diplomatic relations
fiscal responsibility
accountability

Answers

Answer:

B. Diplomatic Relations

Explanation:

Anything involving peaceful relationships and communications between multiple countries is diplomatic relations

Diplomatic Relations Because this is the act of representing your state in front of others states.

The Clothing Cove has two classes of stock authorized: 7%, $10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations:




January 2 Issues 100,000 shares of common stock for $24 per share.

February 6 Issues 1,900 shares of 7% preferred stock for $13 per share.

September 10 Purchases 12,000 shares of its own common stock for $29 per share.

December 15 Resells 6,000 shares of treasury stock at $34 per share.



In its first year of operations, The Clothing Cove has net income of $149,000 and pays dividends at the end of the year of $94,000 ($1 per share) on all common shares outstanding and $1,330 on all preferred shares outstanding

Answers

To track changes in stockholders' equity, a statement of stockholders' equity is prepared and the stockholders' equity final amount.

The corporation issues 100,000 shares of common stock with a $1 par value at a price of $18 per share on January 2. As a result, the additional paid-in capital grows by $1,700,000 [($18-1)*100,000] and the common stock increases by $100,000 (100,000$1).

On February 6, the business issues 1,300 shares of preferred stock at a par value of $10 for a price of $13. As a result, the preferred stock will rise by $13,000 (1,300 times $10) and the additional paid-in capital will rise by $3,900 [($13-10) × 1,300].

On September 10, the corporation buys 12,000 shares of treasury stock at a price of $23 per share, increasing its treasury stock by $276,000 (12,000*$23).

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The Clothing Cove has two classes of stock authorized: 7%, $10 par preferred, and $1 par value common.
The Clothing Cove has two classes of stock authorized: 7%, $10 par preferred, and $1 par value common.
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