Hayes would account for this transaction in the following manner:Transaction DateHayes purchased parts from a French supplier for 200,000 Euros on 30 September 2021.
Exchange RatesOn 30 September 2021, the exchange rate was 1.10 Euros : £1.On 31 January 2022, the exchange rate was 1.11 Euros : £1.On 13 February 2022, the exchange rate was 1.12 Euros : £1.Accounting treatmentOn 30 September 2021, the transaction will be recorded in Hayes's books as a purchase of inventory using the exchange rate of 1.10 Euros : £1.
The following double entry will be recorded in the books:Inventory (Debit) 220,000 (200,000 Euros * 1.10 Euros/£1)Accounts Paid (Credit) £200,000On 31 January 2022, Hayes will revalue the accounts payable amount due to the fluctuation in exchange rate.The following double entry will be recorded in the books:Foreign Exchange Gain (Debit) £1,000 (200,000 * (1.11 – 1.10) Euros/£1)Accounts Payable (Credit) £1,000 (£200,000 * (1.11 – 1.10) Euros/£1)On 13 February 2022, Hayes will pay the supplier using the exchange rate of 1.12 Euros : £1.
The following double entry will be recorded in the books:Accounts Payable (Debit) £178,571 (200,000 Euros * 1.12 Euros/£1)Foreign Exchange Loss (Debit) £1,571 (£178,571 - £200,000)Cash (Credit) £178,571The presentation requirements as at 31 January 2022 are as follows:Receivables and payables due within one year should be translated at the closing exchange rate of 1.11 Euros : £1. The accounts payable balance of £200,000 should be revalued to £201,000 (£200,000 * 1.11 Euros/£1). The revaluation gain of £1,000 should be recorded as a separate line item in the income statement.
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What are 10 things that makes a business a disruptor? (must have 10 reasons cannot be the same)
Some of the things that make a business a disruptor are:
Unstable expectationsIrregular business modelsInconsistenciesComplex business modelsComplex ecosystemsLack of job satisfactionWhat is a Business Disruptor?This refers to the factors that disrupt the normal flow of a business due to inconsistencies, etc.
Hence, we can see that based on the fact that for an effective business to run, it needs to have good vision and mission statements that are clear and easy to follow.
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help please
Problem 1 Q1. How many units of the product would be demanded if it was fres of charge?
If the product was free of charge, the demand for the product would be high. Free products are often popular among consumers because they do not require a financial investment, and it creates an opportunity for consumers to test the product without committing to a purchase. The demand for the product would depend on a variety of factors including the type of product, market competition, and consumer preferences.
it's important to note that offering a product for free can come with some disadvantages. For instance, if a company offers a product for free, it could potentially harm its reputation as consumers may view the product as lower quality or of lesser value. Additionally, if the company is not able to cover the costs of producing the product, it may face financial difficulties.
if a product is offered for free, the demand for the product would be high, but there are also potential risks associated with offering a product for free. The ultimate decision on whether or not to offer a product for free would depend on a variety of factors and should be carefully evaluated.
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What are the Fabrication Department's equivalent units of production related to conversion costs for July?
Answer:
94
Explanation:
The computation of the Fabrication Department's equivalent units of production related to conversion costs for July is shown below
Equivalent unit = Unit completed and transferred out + (ending work in process × percent completion)
= 74 + (20 × 100%)
= 94
utilization of bayes' theorem requires the use of all but prior probabilities. conditional probabilities. posterior probabilities. expected monetary values (emv).
A mathematical procedure called Bayes can be used to calculate conditional probability. The possibility of a result happening based on the likelihood that a comparable outcome has already happened in the past is known as conditional probability. The Bayes theorem offers a mechanism to update probabilities for current predictions or theories in light of fresh or additional evidence.
The Bayes Theorem has numerous applications outside of the financial industry. When evaluating the accuracy of medical test findings, for instance, Bayes' theorem can be used to examine the likelihood that a certain person has an illness as well as the overall accuracy of the test. In order to produce posterior probabilities, Bayes' theorem depends on incorporating prior probability distributions.
Prior probability:
The chance of an event occurring before fresh data are gathered is known as the prior probability in Bayesian statistical reasoning. In other words, it represents the most logical estimate of the likelihood of a specific event based on the available information prior to the execution of an experiment.
Posterior probability:
The probability of an event happening with the additional information taken into account is known as the posterior probability. By utilizing Bayes' theorem to update the prior probability, posterior probability is determined. The posterior probability, as used in statistics, is the likelihood that event A will take place after event B.
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What are examples of criteria used in conditional formatting? Check all that apply. less than equal to added to divided by greater than multiplied by
Answer:
Less than Equal to Greater thanExplanation:
Considering the listed options, the criteria used in conditional formatting are Less than, Equal to and Greater than
To make use of conditional formatting, follow the highlighted steps
1. Highlight cells that you want to format
2. Goto Home tab -> Styles -> then select Conditional Format
3. Select Highlight Cells Rules
4. Select the format type (this is where you get to pick either of greater than, equal to less than, etc.)
5. Enter the format value and how it is to be formatted
6. Press OK
which federal reserve action can shift the aggregate demand curve to the left?
Explanation:
Contractionary Monetatary Policy
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
answer the above questions
don't spam
Answer:
Explanation:
B) current liability
Which of the following demonstrates active listening while receiving constructive criticism well
Answer:
c
Explanation:
Monopolies are inefficient compared to perfectly competitive firms because monopolies produce output with average total cost exceeding average revenue produce output with average total cost exceeding average revenue A produce more output than is social desirable produce more output than is social desirable B charge a price less than marginal revenue charge a price less than marginal revenue C charge a price greater than marginal cost charge a price greater than marginal cost D charge a price less than average total cost
Answer:
C. charge a price greater than marginal cost charge a price greater than marginal cost
Explanation:
A monopoly exists when the person or the enterprise is the sole provider of the goods and commodities. The supplies have complete control of the market as they form a single entity. They are thus characterized by a lack of economic competition. Due to they are monopolies they change higher prices on the outputs rather than the average revenue. Hence are called price setters.A friend told Mohammed, Your business would be more successful if you only served in the shop and let your workers make the bread and cakes. Do you agree? Justify your answer
Answer:
Yes
Explanation:
As the 9wner of business, you will know how to controll your finance than paying someone.
A wedding party hired a sole proprietorship to cater their wedding. In this situation the sole proprietorship is a corporation and the employee who handled the job is a partner. If the sole proprietorship is a corporation and its employee poisons the cake, then who is liable?
Only the employee who poisoned the cake is liable.
Only the employee who poisoned the cake is liable.
Only the sole proprietorship is liable.
Only the sole proprietorship is liable.
The corporation is liable.
The corporation is liable.
Only the partner is liable.
If the sole proprietorship is a corporation and its employee poisons the cake, then only the sole proprietorship is liable. The second option is correct.
A sole proprietorship, also known as a sole tradership, individual entrepreneurship, or proprietorship, is a type of business owned and operated by a single person with no legal distinction between the owner and the business organisation. A sole trader does not always work alone and may hire others.
The solo trader receives all profits and is personally liable for any losses and debts. Every asset of the business is owned by the proprietor, as are all obligations of the business; the business is not a separate legal entity.
Thus, the sole trader is the only owner of the business he is liable for any action of his employees.
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marty, the human resources manager of a reputed service firm, establishes some rules for timekeeping to promote punctuality among his employees. this scenario best illustrates the use of . multiple choice question.
This scenario best illustrates the use of chronemics.
What do we understand by chronemics?The use of time in nonverbal communication is investigated in the field of chronemics. Interpersonal interactions, patience, and punctuality are all components of time perception. The way we use our time can have an impact on our daily routines, speech and movement rates, as well as how long we are willing to listen.
Why is chronology utilised in organizations?Chronemics is a potent communication tool that aids in reaching the planned goals through time management, planning, and utilization. This includes being on time, making good use of waiting time, and speaking at the right rate.
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What effects did zaha have on guggenheim new york?
The effects that Zaha had on Guggenheim New York is that her current retrospective at the Solomon R. Guggenheim Museum in New York gives ample evidence of her genius. She has been busy and produced a staggeringly impressive body of work that is without equal for its inventiveness. This saved urban space and merges the elements of its surroundings. It also projects a brand new artificial landscape outweighted by funnel-shaped cones. The Solomon R. Guggenheim Museum, often referred to as The Guggenheim, is an art museum at 1071 Fifth Avenue on the corner of East 89th Street on the Upper East Side of Manhattan in New York City.
Who is Zaha Hadid?Dame Zaha Mohammad Hadid DBE RA was a British-Iraqi architect, artist and designer, recognised as a major figure in architecture of the late 20th and early 21st centuries.
Therefore, the correct answer is as given above
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A corporation issued 5,200 shares of $10 par value common stock in exchange for some land with a market value of $74,000. the entry to record this exchange is:____.
To record the exchange of 5,200 shares of $10 par value common stock for land with a market value of $74,000, the following journal entry can be made:
Land .............................................. $74,000
Common Stock (5,200 shares x $10) .... $52,000
Paid-in Capital in Excess of Par ......... $22,000
In this entry, the land is debited for its market value of $74,000. The common stock account is credited for the par value of the shares, which is calculated as 5,200 shares multiplied by $10, totaling $52,000.
The difference between the market value of the land and the par value of the common stock is recorded as "Paid-in Capital in Excess of Par" and credited for $22,000. This entry reflects the exchange of stock for land, while also maintaining the balance between assets and shareholders' equity.
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What are the 7 bird species?
There are seven different types of birds: pigeons, ducks, chickens, geese, vultures, hawks, and owls.
What is a bird?Among the flying creatures, birds come in a wide variety of forms and dimensions. They may be found in many different locations around the world and have wings, feathers, and beaks. The peculiar behavior, physical traits, and vocalizations of birds have been the subject of extensive study for many years. They are common in both urban and rural areas and have adapted to a variety of habitats. Birds are diverse, and as a result, many different species have been discovered and cataloged. Insects, seeds, fruit, and even other birds may be consumed depending on the species. The ecology benefits greatly from the services that birds provide, including as pollination, insect eradication, and seed dissemination.To learn more about bird kindly visit to
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Seth is a licensee representing seller Dora. Which of these items is Seth required to disclose to prospective buyers about the property?
Dora doesn't use the back door because the steps leading to the yard are rotted.
Dora keeps sunflowers planted in the back yard because the local birds can eat the seeds.
The neighborhood kids like to ride their bikes in Dora's driveway.
The pink geraniums in the window boxes are fake.
As a licensee representing seller Dora, Seth is required to disclose any material facts about the property that could affect a buyer's decision to purchase the property. In this case, the fact that Dora doesn't use the back door because the steps leading to the yard are rotted is a material fact that must be disclosed to prospective buyers.
The fact that Dora keeps sunflowers planted in the backyard and the neighborhood kids like to ride their bikes in the driveway may be considered non-material facts and do not necessarily need to be disclosed. The fact that the pink geraniums in the window boxes are fake may also be considered non-material, but it is still good practice to disclose this information as it could affect a buyer's perception of the property. In summary, Seth is required to disclose any material facts about the property to prospective buyers and should use good judgment when deciding what information to disclose.
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A traditional store selling products
If a firm expects that the price of its product will be lower in the future than it is today___A.the firm has an incentive to increase supply now and decrease supply in the future. B. the firm has an incentive to decrease supply now and increase supply in the future. C. the firm has tin incentive to increase quantity supplied now and decrease quantity supplied the future. D. the firm will not change supply until it knows for certain what will happen to its price.
If a firm expects that the price of its product will be lower in the future than it is today the firm has an incentive to increase supply now and decrease supply in the future. Thus, option (a) is correct.
What is product?The thing being sold is called a “product.” A product and service market foundation. Items are divided into two categories: industrial products and consumer products. The product is to fulfill the needs of the consumer. There was the based on the commonly are the rules in the government to follow the product management.
According to the case, was the basis of the demand and the supply law. A company was the forecasted the price of its product will be lower in the future was the increase in supply now, and they decreased of the supply in the future.
As a result, the significance of the product will be lower in the future than it is today are the aforementioned. Therefore, option (a) is correct.
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The following income relates to a proprietorship registered as a BMBE: Gross income from sales P400,000 Dividend income - domestic corporation 9,000 Interest on bank deposits 6,800 Compute the total exclusion from gross income.A. 415,800
B. 400,000
C. 15,800
D. Zero
The correct answer is C. 15,800. Under the BMBE law, registered businesses are entitled to certain tax incentives including an income tax exemption for their first Php 150,000 annual income.
In this case, the gross income from sales is Php 400,000, but the first Php 150,000 is exempted, leaving a taxable income of Php 250,000.
Dividend income from the domestic corporation and interest on bank deposits are not covered by the BMBE income tax exemption, so the total exclusion from gross income would only be the Php 150,000 exemption for the gross income from sales.
Therefore, the total exclusion from gross income would be Php 150,000, and the taxable income would be Php 250,000.
Adding the dividend income of Php 9,000 and interest on bank deposits of Php 6,800 to the taxable income of Php 250,000 would give a total gross income of Php 265,800. However, only Php 150,000 is exempted, leaving a taxable income of Php 115,800.
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fwweeeeee brainliest!!
what should you consider regarding auto insurance before buying a vehicle
Answer:both a and c
Explanation:
i did the quiz
Which of the following is an
example of an operative
employee?
Explanation:
I just did this yesterday!
its assembled line worker
which investment option would you recommend based on your analysis using all four capital budgeting tools?
Business investment option would you recommend based on your analysis using all four capital budgeting tools I suggest the following financial choices for the business, taking into account its capital structure and capital budgeting strategies.
Based on the facts from the mini case that was provided. First, the business should establish the right balance of debt and equity finance to optimise its capital structure by doing this.
It will be possible to minimise the cost of capital while yet maintaining a balanced risk profile. To do this, the business might assess the ideal capital structure using methods like the Weighted Average Cost of Capital (WACC). Second, to assess and choose lucrative investment initiatives, the business should put strong capital budgeting processes into practise. To assess the profitability of possible investments, methods like Net Present Value (NPV), Internal Rate of Return (|RR), and Payback Period can be used.
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Hoosier Manufacturing (HM) has 20,000 bonds outstanding with a 6.30 percent coupon rate(semi-annual coupon payments) and 12 years left to maturity. The bonds sell for $1028.50.HM’s common stock has a beta of 0.8. The 10-year Treasury-Bond rate is currently 2.1 percent, and historically, the market has earned 7% more per year than the 10-year Treasury rate. The firm has 1,000,000 shares of common stock outstanding at a market price of $36.48 a share(book value of $12 per share). The company’s marginal tax rate is 35 percent.
a. What is the before-tax cost of debt and what is the after-tax cost of debt?
b. What is the cost of common stock?
c. What is the weighted average cost of capital for Hoosier Manufacturing?
To calculate the before-tax and after-tax cost of debt, as well as the cost of common stock and the weighted average cost of capital (WACC), we will use the following formulas:
a. Before-tax cost of debt:
Before-tax cost of debt = Coupon rate * (1 - Tax rate)
After-tax cost of debt:
After-tax cost of debt = Before-tax cost of debt * (1 - Tax rate)
b. Cost of common stock:
Cost of common stock = Risk-free rate + (Beta * Equity risk premium)
c. Weighted Average Cost of Capital (WACC):
WACC = (Weight of debt * After-tax cost of debt) + (Weight of equity * Cost of common stock)
Given the following information:
Coupon rate = 6.30%
Number of bonds outstanding = 20,000
Bond price = $1028.50
Tax rate = 35%
Beta = 0.8
10-year Treasury-Bond rate = 2.1%
Equity risk premium = 7%
Number of shares of common stock outstanding = 1,000,000
Market price per share = $36.48
Let's calculate each component:
a. Before-tax cost of debt:
Before-tax cost of debt = 6.30% * (1 - 0.35) = 4.095%
After-tax cost of debt:
After-tax cost of debt = 4.095% * (1 - 0.35) = 2.66075%
b. Cost of common stock:
Risk-free rate = 10-year Treasury-Bond rate = 2.1%
Cost of common stock = 2.1% + (0.8 * 7%) = 7.3%
c. Weighted Average Cost of Capital (WACC):
Weight of debt = (Number of bonds * Bond price) / Total market value
= (20,000 * $1028.50) / (20,000 * $1028.50 + 1,000,000 * $36.48)
= $20,570,000 / $54,481,600
= 0.3775
Weight of equity = (Number of shares * Market price per share) / Total market value
= (1,000,000 * $36.48) / (20,000 * $1028.50 + 1,000,000 * $36.48)
= $36,480,000 / $54,481,600
= 0.6694
WACC = (0.3775 * 2.66075%) + (0.6694 * 7.3%)
= 1.00399% + 4.880762%
= 5.88475%
Therefore, the weighted average cost of capital (WACC) for Hoosier Manufacturing is approximately 5.88%.
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11. Which of these does NOT represent a type of credit?
*
1 point
A certificate of deposit (CD)
A credit card
A mortgage
A certificate of deposit (CD) does not represent a type of credit.
A certificate of deposit (CD) does not represent a type of credit. A certificate of deposit is a financial instrument offered by banks and credit unions that allows individuals to deposit a certain amount of money for a fixed period of time, typically ranging from a few months to several years. In return, the financial institution pays the depositor a fixed interest rate.
Unlike credit cards and mortgages, which involve borrowing money, a CD involves depositing money with the financial institution. The individual essentially lends money to the institution, and in return, earns interest on the deposited amount. The interest rate offered on a CD is predetermined and agreed upon at the time of purchase.
CDs are considered to be a low-risk investment option because they are typically insured by the government up to a certain amount. They provide a stable and predictable return on investment, making them attractive to individuals who prioritize safety and want to preserve their principal.
In summary, while credit cards and mortgages involve borrowing money, a certificate of deposit is not a type of credit. Instead, it is a financial instrument that allows individuals to deposit money with a financial institution and earn a fixed interest rate over a specified period of time.
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Which of the following is NOT classified as property, plant, and equipment? O A. Land OB. Equipment O C. Supplies OD. Building
the answer is option C. Supplies. Supplies is NOT classified as property, plant, and equipment.Property, plant, and equipment (PPE) are tangible assets that are long-term in nature and used in the regular business operations.
The assets within this category are usually listed on the balance sheet at cost less accumulated depreciation. Examples of PPE are buildings, machinery, vehicles, furniture, and computer equipment.Supplies are items that are used up in the production process, such as office supplies or raw materials for manufacturing. the answer is option C. Supplies. Supplies is NOT classified as property, plant, and equipment.Property, plant, and equipment (PPE) are tangible assets that are long-term in nature and used in the regular business operations.They are not classified as PPE because they are consumed or used up during operations rather than retained as long-term assets. Therefore, the answer is option C. Supplies.
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What’s the answer???
Answer:
I am not sure but I think it would be B right?
Explanation:
Because she already has $10 to go to the movie right, so she would use that 10 dollars to go to the movie with her friend?
5) Si tuvieras que hacer un presupuesto de Ingresos y uno de Gastos ¿Cuál harías primero y que te sirva de base para hacer el otro? Explica tu respuesta
Answer:
Si tuviese que hacer un presupuesto de ingresos y uno de gastos, primero haría el de ingresos. Así, podría tener en cuenta la cantidad de dinero que mes a mes ingresa en mi patrimonio y de esta manera organizar mis gastos teniendo en cuenta no gastar mas dinero del que gano mensualmente.
Si, en cambio, organizara mis gastos antes que mis ingresos, me vería limitado posteriormente a realizar algunos gastos dado que no habría contemplado mi liquidez financiera mensual.
how are stocks be calculated? what Is stock exchange?
Answer:
Stocks are a check on a certain holding in a public limited company. Different rights may accompany the stocks, but most often it gives its owner the right to attend and participate in elections at the company's annual general meeting, receive dividends from the company and sell the stock or holding to a third party. Stocks are issued at a certain nominal value, often $1 per share. If the stocks are listed on public stock exchanges, they are often referred to as "listed stocks", but when listing, an official price is created for stocks in the company and this makes it easier for stock owners to trade in the stocks. The company's multiplied by the price on the stock exchange is called the company's market value.