On December 31, 2019, Barton, Inc. leased lab equipment with a fair value of $1,650,000 from Banner Rentals Co. The agreement is a six-year noncancelable lease requiring annual payments of $328,600 beginning December 31, 2019. The guaranteed residual value is $200,000, but Barton expects the equipment to be worth $0 at the end of the lease. The lease is appropriately accounted for by Barton as a finance lease. Barton’s incremental borrowing rate is 10%. Barton does not know the interest rate implicit in the lease payments is 11%. The present value of an annuity due of 1 for 6 years at 10% is 4.7908. The present value of an annuity due of 1 for 6 years at 11% is 4.6959. The present value of 1 for 6 years at 10% is 0.56447. The present value of 1 for 6 years at 11% is 0.53464. In its December 31, 2019 balance sheet, Barton should report a lease liability of

An indicator of a highly relevant comparable company is what is known as industry classification.

Industry classification is a very germane factor when selecting comparable companies. Begining with a company's industry will help an analyst find similar companies, as companies in an industry often operate similarly.

Industry classification or industry division is a type of economic categorization that classifies companies, organizations and traders into industrial divisions based on similar production processes, similar products, or similar behavior in financial markets.

Considering various several school of thoughts on the classification of industry. The most commonly used classification of industry in socio-economic term is carefully stated below:

Therefore, the key factor which serves as indicator of a highly relevant comparable company is industry classification.

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Answer:

social media

Explanation:

nothing social media cant do , put up ads or fliers for ur buisness, along with a side job . have friends promote whatever your doing, make a website. do something that draws audience attention.

Answer:

D. earning a bachelor's degree to become an interior designer

Explanation:

Answer:

D

Explanation:

Just took the test

Answer: Option A

Explanation:

Instructors, both full-time staff members and individuals hired on a contract basis, typically represent the biggest cost of training

Answer: C.

Cost of Goods Sold

3,500

Merchandise Inventory

3,500

Explanation:

A perpetual inventory system is a system thats uses records transactions that take place in real-time. Both the returns and the purchases are recorded immediately as they happen in the inventory account.

Under the perpetual inventory method, it should be noted that sales will be credited to the inventory while the purchases that are incurred will be debited to the inventory and it should be noted that the debit will be recorded in the account of the cost of goods sold.

Therefore based on the question, the journal entry to record the cost of goods sold would​ be:

Debit: Cost of goods sold $3500

Credit: Merchandise inventory $3500

Therefore, the correct option is C.

Answer:

Murray Exports (U.S.)

A. The short-run impact of each pricing strategy is as follows:

                                            Alternative 1                    Alternative 2

                              Reduce Price to $21,867    Maintain Price at $24,000

Gross profit                         $38,670,000               $54,000,000

Reduction in Gross Profit   $21,330,000                 $6,000,000

B.  (2) maintain the same dollar price of $24,000, raise the yuan price in China to Yuan 216,000 per unit to offset the devaluation, and experience a 10% drop in sales unit volume.  

Explanation:

a) Data and Calculations:

Current exchange rate = Yuan 8.20/US$

Current exports of heavy crane equipment per year to China = 10,000

US unit price of printer in dollars = $24,000

Chinese unit price of crane equipment in Yuan equivalent = Yuan 196,800 ($24,000 * Yuan 8.20)

Unit price of crane equipment in Chinese Yuan when the currency is devalued = Yuan 216,000 ($24,000 * Yuan 9.00)

The reduced dollar price with devaluation, when Yuan price is maintained = $21,867 (Yuan 196,800/9.00)

Before Devaluation of Chinese Yuan:

Sales volume            10,000

Sales revenue $240,000,000 (10,000 * $24,000)

Direct costs        180,000,000 (10,000 * $18,000) (75% of $24,000)

Gross profit       $60,000,000

                             Alternative 1                         Alternative 2

                       Reduce Price to $21,867    Maintain Price at $24,000

Sales volume                10,000 units             9,000 (10,000 * 90%) units

Sales revenue      $218,670,000             $216,000,000 ($24,000 * 9,000)

Direct costs            180,000,000               162,000,000 ($18,000 * 9,000)

Gross profit           $38,670,000               $54,000,000 ($6,000 * 9,000)

Direct costs = $180m ($18,000 * 10,000)  = $162m ($18,000 * 9,000)

Answer:

Driver's education classes, a children's daycare center, skiing lessons, an in-home nurse, and a bakery are more likely to need personal liability protection for their owners.

Explanation:

Those are business types that put people's health and safety at risks.

Answer:

Compound interest; interest.

Explanation:

Compound interest can be defined as the interest that the bank pays you on the principal plus on the interest that you earned the preceding year. Thus, it is simply calculated by adding an interest to the initial principal i.e compounding the interest rather than withdrawal.

Mathematically, compound interest is given by the formula;

\( A = P(1 + \frac{r}{n})^{nt}\)

Where;

A is the future value.

P is the principal or starting amount.

r is annual interest rate.

n is the number of times the interest is compounded in a year.

t is the number of years for the compound interest.

Answer:

its compound interest and interest

Answer:

Bureaucracy helps to form a rigid organisation.

Explanation:

Any corporation needs formal as well as informal work groups in the organisation for a corporation to achieve its targets it will need the presence of a bureaucratic approach.

bureaucracy in the organisation is to increase the level of formality,

better communication among the colleagues

as well as increase overall productivity.

Answer:

A troubadour was a poet and musician of the Middle Ages who performed songs about chivalry and courtly love. Troubadours were mainly active in the courts of the Frankish nobility and played an important role in the development of vernacular literature in medieval Europe. Their songs were typically performed with a musical instrument, such as a lute or a harp, and helped to spread stories, news, and cultural values across the continent.

Critical thinking involves analyzing and evaluating information, while creative thinking involves generating new ideas and solutions. Positive use of leisure time includes engaging in activities that promote personal well-being, learning, self-improvement, socializing, and exploring new experiences.

Difference between critical and creative thinking:

Critical thinking is a cognitive process that involves analyzing and evaluating information or arguments in a logical and systematic manner. It focuses on objective analysis, reasoning, and problem-solving. Critical thinking requires the ability to question assumptions, recognize biases, and assess evidence to form well-reasoned judgments or decisions.

On the other hand, creative thinking involves generating new ideas, insights, or solutions. It is a process of divergent thinking, breaking away from conventional thoughts and exploring alternative perspectives.

Creative thinking often involves combining different ideas, making connections, and thinking outside the box. It encourages imagination, flexibility, and the ability to embrace uncertainty.

While critical thinking aims to assess and evaluate existing information or arguments, creative thinking aims to generate new possibilities or approaches. Critical thinking seeks to analyze and deconstruct, while creative thinking seeks to synthesize and construct.

Positive use of leisure time:

Leisure time refers to the period when individuals are free from work or other obligations and can engage in activities of their choice. Positive use of leisure time involves engaging in activities that contribute to personal well-being, growth, and fulfillment. Here are some examples:

Pursuing hobbies and interests: Engaging in activities such as painting, playing a musical instrument, gardening, or sports can provide relaxation, personal enjoyment, and a sense of accomplishment.

Learning and self-improvement: Using leisure time to learn new skills, read books, take online courses, or engage in personal development activities can enhance knowledge, broaden perspectives, and foster personal growth.

Physical and mental well-being: Allocating leisure time for exercise, meditation, yoga, or other wellness activities promotes physical fitness, reduces stress, and enhances overall well-being.

Socializing and building relationships: Spending leisure time with family, friends, or participating in community activities helps foster social connections, build relationships, and strengthen support networks.

Exploring new experiences: Traveling, visiting museums, attending cultural events, or trying new cuisines broadens horizons, provides exposure to different cultures, and creates memorable experiences.

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The change in CS when the price increases from $30 to $32 are $22.

Suppose that the demand and supply equations of a consumer are given by:Qd = 150 - 5P and Qs = 60 + 4P, respectively.

Graphical representation of consumer surplus and change in consumer surplus us consider the graph of the given demand and supply equations below: Graph of the given demand and supply equationsWe can observe from the graph above that the equilibrium price is $20 and the equilibrium quantity is 70.

The consumer surplus (CS) can be calculated as the difference between the maximum price that the consumer is willing to pay and the actual price paid.

Suppose that the consumer purchases 40 units of the commodity at a price of $30 per unit.

The CS can be calculated as follows: Maximum price that the consumer is willing to pay is calculated as the difference between the intercept of the demand curve on the vertical axis and the price for the quantity demanded of 40 units as follows: Maximum price = $150 - 5(40) = $-50

This is because the maximum price that the consumer is willing to pay cannot be negative, hence, we conclude that the consumer surplus for a price of $30 is zero.

If the price increases to $32, the consumer will reduce the quantity demanded to 38. The change in consumer surplus is calculated as the difference between the initial and new CS as follows: Initial CS = 0New CS = (150 - 5(38)) - (32)(38) = $22

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Stephen and Martha can sue the realtor for the unethical behavior, by filing the claim with the association.

If buyer is handover with the property by giving the false statements by the realtors, then a complaint can be filled within 180 days from the day, it took place.

If complaint would be find valid by the grievance committee, the case will go to the hearing committee where the buyer can prove his claim by telling how Code of Ethics was violated.

If realtor found to be guilty, then he could be charged with the fine.

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Answer:

7 reasons why businesses should be aware of the political legal environment are as follows:

1- Businesses do not cease to be part of a much larger environment, which is the nation as a whole, with which what happens in it will affect business to a greater or lesser extent.

2- Many times, the political interests of certain sectors can favor or harm certain businesses, with which businessmen must be attentive to those interests.

3- Politicians are the ones who give confidence in the country to foreign investors, with which their policies can increase or restrict competition from local investors.

4- The generation of employment that arises from a favorable political and legal environment means that businesses have the necessary workforce to maximize their production.

5- The political and economic stability allows the reinvestment of the profits of the entrepreneurs and their businesses.

6- The existence of productive development plans and other subsidies to productive companies can be used by businesses as a government aid to maximize their production.

7- In short, the stability of the nation will make it easier for businesses to prosper, while political stability usually entails economic stability.

Answer:

$567,056

Explanation:

Cost :

Merchanidize available for sale

= Beginning inventory + Purchases + Freight in

= $386,000 + $1,975,000 + $125,000

= $2,486,000

Retails:

Merchandize available for sale:

= Beginning inventory + Purchases + Markups

= $590,000 + $3,220,000 + $68,000

= $3,878,000

Ending inventory at retail = Retail total -markdowns - Net sales

= $3,878,000 - $104,000 - $2,920,000

= $854,000

Cost to retail ratio = $2,486,000 ÷ ($2,920,000 + $854,000)

= $2,486,000 ÷ $3,744,000

= 66.40%

Ending inventory at retail = $854,000

And

Cost to retail ratio = 66.40%

Therefore,

Ending inventory at cost = $854,000 × 66.40% = $567,056

There are several emerging energy careers that are gaining popularity in today's world. One such career is that of a renewable energy technician. Renewable energy technicians work to install, maintain, and repair renewable energy systems such as wind turbines, solar panels, and geothermal systems.

Another emerging energy career is that of an energy analyst. Energy analysts work to evaluate energy usage patterns and identify areas where energy efficiency improvements can be made. They may also develop and implement strategies for reducing energy consumption and cost. This field is becoming increasingly important as individuals and businesses alike seek to reduce their carbon footprint and lower energy expenses.

A third emerging energy career is that of a battery storage technician. As energy storage becomes more important in the transition to renewable energy sources, the demand for skilled technicians to install and maintain battery storage systems is growing. Battery storage technicians work with a variety of battery types, including lithium-ion, lead-acid, and flow batteries, and are responsible for ensuring these systems operate efficiently and safely.

In conclusion, the renewable energy technician, energy analyst, and battery storage technician are all emerging energy careers that offer exciting opportunities for those interested in pursuing a career in the energy industry. As the world continues to transition to renewable energy sources, the demand for skilled workers in these fields is only likely to grow.

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Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body.

In the simplest of terms, business management refers to the coordination and administration of business activities, tasks, and resources to achieve a set objective. This often involves supervision and training of staff, overseeing core operations, and designing company infrastructure to optimize for the future.

Business management is a crucial part of an organization's success, and every organization in any industry can benefit from a great business manager who has expertise in best practices and relevant processes.

The Pulp Division's lowest acceptable transfer price is the variable cost per ton plus any opportunity cost of selling to the outside market, which is $74.

The Carton Division's highest acceptable transfer price is the cost of purchasing from the outside supplier, which is $95 per ton. The range of acceptable transfer prices is between $74 and $95 per ton.

The managers of the Carton and Pulp Divisions may not be able to voluntarily agree on a transfer price since the range of acceptable transfer prices may not overlap.

If the Pulp Division meets the price that the Carton Division is currently paying to its supplier, the profits of the Pulp Division will increase by $7 per ton since the transfer price is $95 per ton and the variable cost per ton is $74.

The profits of the Carton Division will decrease by $7 per ton since the transfer price is now $95 per ton instead of $95 per ton.

The profits of the company as a whole will remain the same since the $7 increase in profit for the Pulp Division is offset by the $7 decrease in profit for the Carton Division.

The Pulp Division's lowest acceptable transfer price is the variable cost per ton plus any opportunity cost of selling to the outside market, which is $74.

The Carton Division's highest acceptable transfer price is the cost of purchasing from the outside supplier plus any additional cost of switching suppliers, which is $95 + $2 = $97 per ton.

The range of acceptable transfer prices is between $74 and $97 per ton.

The managers of the Carton and Pulp Divisions may be able to voluntarily agree on a transfer price since the range of acceptable transfer prices overlaps.

4-a.

If the Carton Division’s outside supplier drops its price to only $91 per ton, the Pulp Division should not meet this price since it is below the Pulp Division's variable cost of $74 per ton.

4-b.

If the Pulp Division does not meet the $91 price, the Carton Division may switch to the outside supplier and the profits of the Pulp Division will decrease by $28 per ton since it is now selling 6,600 fewer tons of pulp. The profits of the Carton Division will increase by $4 per ton since the cost of pulp is now $91 per ton instead of $95 per ton. The profits of the company as a whole will decrease by $16,560.

If the Pulp Division refuses to meet the $91 price, the Carton Division should not be required to purchase from the Pulp Division at a higher price for the good of the company as a whole since this would result in lower profits for the company as a whole.

If the Carton Division is required to purchase 6,600 tons of pulp each year from the Pulp Division at $102 per ton, the profits of the Pulp Division will increase by $280,000 since it is now selling 6,600 more tons of pulp. The profits of the Carton Division will decrease by $66,000 since the cost of pulp is now $102 per ton instead of $95 per ton. The profits of the company as a whole will increase by $214,000.

If the Carton Division can purchase pulp from the outside supplier for only $91 per ton, it should not be required to purchase

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When the labor-demand curve shifts, it means that the demand for labor has changed, which affects the equilibrium wage. If the equilibrium wage increases by $5, it means that employers are willing to pay more for each unit of labor they hire.

This increase in wage suggests that the marginal product of labor has also increased. The marginal product of labor is the additional output produced when one more unit of labor is hired.

When employers are willing to pay more for labor, it suggests that the output produced by each unit of labor has increased.

This can be due to various reasons, such as technological improvements, increased demand for goods and services, or an increase in the efficiency of production processes.

In summary, a shift in the labor-demand curve that results in an increase in the equilibrium wage suggests an increase in the value of the marginal product of labor.

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Where the above conditions are given, the net operating income for the year is $785,700

Sales revenue - Cost of goods sold = Gross profit

Gross profit - Selling and administrative expenses = Operating income

Selling and administrative expenses -  $376,000

Operating income is given as  $2,970,000 - $1,808,300 - $376,000 = $785,700

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Answer:

1. Understand Organizational Structure and Design

You need a basic understanding of how good businesses run effectively. From its initial structure of departments and personnel to how individual projects are managed, you need to run your business as effectively and efficiently as you can.

2. Use Capital and Cash Flow Wisely

Your business needs to start with a good financial base, but equally important will be a positive cash flow as you grow and develop. You need to have sufficient funds to pay your employees and vendors so you produce your products and sell them at a profit.

3. Understand the Fundamental Principles of Accounting and Finance

Understand and obey fundamental principles of accounting and finance, and always adhere to the regulations and laws that affect your industry. Obtain necessary permits, complete and file taxes, and pay strict attention to filing deadlines.

4. Respect Your Customers

Your customer may not always be right, but you always need to do whatever you can to make things right. Provide them with the best possible products and services you can deliver and always treat them with respect and understanding. If they become dissatisfied with your products or your services, do your best to quickly resolve the issue with patience and consideration.

It is MOST likely Benjamin’s employment situation option  d. self-employed .

It is most likely that Benjamin is self-employed. This is because he is driving his own car to clients' locations and performing massages there, which suggests that he is working as an independent contractor or freelancer rather than as an employee of a salon or other company.

As a self-employed individual, Benjamin would be responsible for paying his own taxes, including self-employment taxes, and would likely be able to deduct expenses such as transportation costs on his tax return.

It is worth noting that the other options presented - commission, hourly working for a salon, and salary working for a salon - typically imply that the individual is an employee of the salon rather than self-employed.

In these scenarios, the salon would typically be responsible for providing the necessary equipment, scheduling appointments, and in some cases, reimbursing employees for transportation expenses.

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Answer:

1,504

Explanation:

Trust me

The town's tax bill given the mill rate and the assessed value of a property is $1.504.00

The mill's rate the amount of tax that would be paid per dollar of the assessed value of a property.

Town tax bill = (mill rate x assessed value) / 1000

(8 x 188,000) / 1000 = $1,504

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In most case, the manager should always reject a special order if the special order price is less than the variable costs of the order and as well; when deciding whether to accept a special order, the item that is irrelevant is the fixed costs that will not be affected by the order

This refers to any customer order for goods or services that is not routinely handled by a business. As business has little experience with these orders, they will most probably has only a modest understanding of the costs that it will incur.

Therefore, the Option C and Option D are correct respectively.

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Answer:

Values

Explanation: