On March 26, the bank issued a $102 debit memorandum for printed checks.
Hence, the adjusting entry is made to reflect the same.4. Adjusting Entry Debit Credit Cash (101) 33 Interest Revenue (408) 33 On March 31, the bank issued a credit memorandum for $33 interest earned on the checking account for the month of March. Hence, the adjusting entry is made to reflect the same.
Account Titles and Explanation Debit Credit 1 Miscellaneous Expenses 50 Cash 50 (Adjusting Entry for Safety Deposit Box charges) 2 Miscellaneous Expenses 102 Cash 102 (Adjusting Entry for Printed checks charges) 3 Cash 33 Interest Revenue 33 (Adjusting Entry for Interest earned on Checking account) 4 Accounts Receivable 500 Cash 500 (Adjusting Entry for NSF check)Note: No adjusting entry is required for a check issued on March 31st as it was already included in the Bank Reconciliation Statement.
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Question 6 of 20
What is outsourcing?
A. Keeping trade secrets from competing organizations
B. Hiring workers outside the company to work on a temporary basis
C. Maintaining a balance between work life and personal life
O D. Sending instructions to a computer in another location
an aging of a company's accounts receivable indicates an estimate of uncollectible accounts of $4,896. if allowance for doubtful accounts has a $1,175 credit balance, the adjustment to journalize the bad debt expense for the period will require a
The adjustment to journalize the bad debt expense for the period will require a debit to Bad Debt Expense for $3,721 ($4,896 - $1,175) and a credit to Allowance for Doubtful Accounts for the same amount.
This adjustment is necessary to recognize the estimated uncollectible accounts from the aging of the company's accounts receivable. By debiting Bad Debt Expense, the company is recognizing the loss of income that results from customers not paying their invoices. The credit to Allowance for Doubtful Accounts is a contra-asset account that reduces the balance of Accounts Receivable, thus helping to maintain an accurate balance. This adjustment helps to ensure that the company's financial statements accurately reflect the company's financial position.
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you are a successful purveyor of power converters at tosche station, located near anchorhead on tatooine. seeking to diversify your product line, you would like to determine if it would be profitable to start a nerf herding collective on endor (a forest moon currently occupied by the empire), operate it for two years, and then sell it in year 3. the nerf herding collective will cost 62 million imperial credits today and produce the following free cash flows: year 1 2 3 fcfs (millions of credits) 48 73 91 you estimate the cost of capital for nerf herding without political risk to be 20%. you meet your risk analyst friend for lunch at the local cantina. she informs you that one of the native species of endor, the ewoks, are not friendly to the empire or non-endorians. there is a significant chance that your nerfs may be lost due ewok attacks. she estimates that this risk will increase, as the occupation goes on. she also estimates that if the ewoks attack you will lose all of your free cash flows in the year of the attack and will have no future free cash flows (due to the nerf deaths). the probability of an ewok attack in a given year on endor is given in the following table: year 1 2 3 probability of ewok raids 30% 47% 72% given the data above, what is the npv of this investment (in millions of imperial credits, rounded to the nearest 0.01 credits)?
The NPV of this investment is 8.82 million imperial credits (rounded to the nearest 0.01 credits).
To calculate the Net Present Value (NPV) of the investment in the nerf herding collective on Endor, we need to consider the cash flows and the probability of ewok raids. We'll discount the cash flows at the cost of capital to account for the time value of money. Here's the calculation:
Year 1:
Cash flow: 48 million credits
Probability of ewok raid: 30%
Expected cash flow: (1 - 0.30) * 48 million credits = 0.70 * 48 million credits = 33.6 million credits
Year 2:
Cash flow: 73 million credits
Probability of ewok raid: 47%
Expected cash flow: (1 - 0.47) * 73 million credits = 0.53 * 73 million credits = 38.69 million credits
Year 3:
Cash flow: 91 million credits
Probability of ewok raid: 72%
Expected cash flow: (1 - 0.72) * 91 million credits = 0.28 * 91 million credits = 25.48 million credits
Cost of capital: 20%
Calculating the present value (PV) of the expected cash flows:
PV Year 1 = 33.6 million credits / (1 + 0.20)^1 = 28 million credits
PV Year 2 = 38.69 million credits / (1 + 0.20)^2 = 26.44 million credits
PV Year 3 = 25.48 million credits / (1 + 0.20)^3 = 16.38 million credits
Total PV of expected cash flows = PV Year 1 + PV Year 2 + PV Year 3
Total PV = 28 million credits + 26.44 million credits + 16.38 million credits = 70.82 million credits
Investment cost: 62 million credits
Net Present Value (NPV) = Total PV of expected cash flows - Investment cost
NPV = 70.82 million credits - 62 million credits = 8.82 million credits
Therefore, the NPV of this investment is 8.82 million imperial credits (rounded to the nearest 0.01 credits).
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What is entrepreneur?
Answer:
someone who is willing to take the necessary risk and uncertainties associated with setting up and managing a business or enterprise
Answer:
Someone who has they're own business. For example, my dad, he made a small company after he left the military called Triple L and he does different things like land work
Explanation:
One column of numbers consists of 28,42, and 14. When the digits of the numbers are added together, the result is 2+8+3+2+1+4+4=21, and when the digits of 21 are then added together, the end result is 2+1=3. If the same process is performed on the numbers in a second column, what can be concluded?
Answer:
D. If the end result from the second column is not 3, then the sum of the numbers in the first column is not equal to the sum of the numbers in the second column.
Explanation:
From the list of given options (see the comment section for options a - d), option (d) is correct.
To answer this question, we need to analyze each of the options
For (a):
The sum of numbers in both columns may be equal even if they are different.
Take for instance, the numbers in the second column is: 82, 42 and 14.
We have:
\(8+2+4+2+1+4=21\)
\(2 + 1 = 3\)
So, (a) is incorrect
For (b):
As shown in (a) above,
If both column contain the same numbers, then definitely the end result will be the same. So option (b) is incorrect and impossible
For (c):
This is not true.
In the first column, we have the sum of the first process to be 21 which ends up giving 3 (i.e. 2 + 1 = 3).
The result of the second column can be 12 which also gives 3 i.e. 1 + 2 = 3 (and 12 is not equal to 21)
So, (c) is also incorrect
For (d):
This is the only true option
If the end result is not three, then the results of the first process is not the same for both columns.
Answer:
If the end result from the second column is not 3 then the sum of the numbers in the first column is not equal to the sum of the numbers in the second colemn
Explanation:
For me it was B but read very closly
We've Come a Long Way From Where We Began
Answer:
oh ill tell you all about it when i see you again
Explanation:
Please explain to me what interest rate is please im super confused :)
Answer: An interest rate is the percentage of principal charged by the lender for the use of its money. The principal is the amount of money loaned. Interest rates affect the cost of loans. ... The Federal Reserve manages interest rates to achieve ideal economic growth.
Explanation:
venta al contado de mercancia por $2.300.000=; iva: 19%: cual de las siguientes cuentas no corresponde
a. de mercancia
b. comercio al por mayor y por menor
c. iva
d. caja
Answer:
La cuenta que no corresponde al registro contable planteado es la B, comercio al por mayor y por menor.
Esto es así porque, al realizarse una venta al contado de mercancía por $2.300.000, con un IVA adicional del 19%, se están entregando mercancías, con lo cual se registra dicha salida de productos en el debe (opción A), ingresa un dinero correspondiente a IVA (opción C), y a su vez ingresa un monto de dinero que engrosará la caja del comercio, registrándose en el haber (opción D).
The United States, making up less than 5 percent of the world's population, uses more than ___ of the world's commercial energy production.
Despite that the country takes less than 5% of world population, it accounts for more than two-third of the world's commercial energy production.
The use of commercial energy production in this context entails use of resources like electricity, coal, advanced petroleum products, nuclear materials etc
These resources are in massive use in United States for generation of electricity, agricultural, transportation, commercial development etc
Therefore, the answer is that United States uses more than two-third (2/3) of the world's commercial energy production.
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With a highly experienced tester with a good business background, which approach to defining test procedures would be effective and most efficient for a project under severe time pressure
When faced with severe time pressure in a project and having a highly experienced tester with a good business background, using an exploratory testing approach would be effective and efficient.
Exploratory testing is a flexible and adaptive testing technique that emphasizes the tester's skills, knowledge, and experience to quickly identify and uncover defects and issues in the software under test. It involves simultaneous test design, execution, and learning from the results.
In this scenario, the experienced tester can leverage their expertise and business understanding to perform on-the-fly testing without relying heavily on pre-defined test procedures. They can explore the system, make informed decisions based on their knowledge of the project's objectives and requirements, and focus on areas that are critical or likely to have higher risks.
This approach allows for faster test execution, better coverage of potential issues, and the ability to adapt the testing efforts based on emerging information and project constraints, making it a suitable choice for projects under severe time pressure.
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Explain the idea that we should "focus on interests, not positions." Can you think of an example in which you successfully negotiated with someone else using this principle?
The idea of "focusing on interest, not positions" is a principle often employed in negotiation and conflict resolution.
It suggests that instead of being fixated on rigid positions or demands, it is more effective to identify and address the underlying interests and needs of the parties involved. By doing so, mutually beneficial solutions can be found that satisfy the interests of all parties.
An example where I successfully negotiated using this principle was during a team project at work. Our team was tasked with developing a new marketing campaign, and there were differing opinions on the creative direction. One team member strongly believed that the campaign should focus on humor and lightheartedness, while another team member preferred a more serious and informative approach.
Rather than getting stuck in a positional argument where each person defended their viewpoint, I initiated a conversation to uncover the interests behind their preferences. Through open and active listening, I discovered that the team member advocating for humor was primarily concerned with engaging a younger target audience, while the team member favoring a serious approach prioritized conveying important product information accurately.
With this understanding, I proposed a solution that incorporated elements of both approaches. We agreed to develop a campaign that would use humor to capture attention and create initial interest, but also integrate informative content to educate the audience about the product's key features and benefits.
By focusing on the underlying interests and finding common ground, we were able to reach a collaborative agreement that satisfied the needs of both team members. This approach not only fostered a more positive and cooperative work environment but also resulted in a more well-rounded and effective marketing campaign.
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You own a mobile Taco Truck. You have a short list of competitors. Which TWO would be considered your Indirect Competition?
Select 2 correct answer(s)
A.) Mobile Fish and Chips Truck
B.) A local Taco Bell franchise
C.) Walk-up Mexican Food stand
D.) A local Burger King franchise
The two options that could be considered indirect competition for a mobile Taco Truck are (A) Mobile Fish and Chips Truck (C) Walk-up Mexican Food stand
Indirect competition refers to businesses that offer different products or services but still target the same customer base or satisfy similar customer needs. In this case, the Taco Truck, Fish and Chips Truck, and Walk-up Mexican Food stand all fall under the category of mobile food vendors and offer food options to customers.
The Mobile Fish and Chips Truck is an example of indirect competition because it provides a different type of cuisine compared to the Taco Truck. While the Taco Truck focuses on Mexican food, the Fish and Chips Truck specializes in seafood. However, both food trucks target customers who are seeking quick and convenient meals on the go, making them indirect competitors.
Similarly, the Walk-up Mexican Food stand is considered indirect competition because it also offers Mexican food but operates in a different format. Unlike the mobile food trucks, the stand is stationary and doesn't have the mobility aspect. However, it caters to customers looking for Mexican cuisine and offers a similar dining experience to the Taco Truck.
On the other hand, option B (local Taco Bell franchise) and option D (local Burger King franchise) would be considered direct competitors as they both operate in the fast food industry and offer similar types of food as the Taco Truck. These franchises have established brick-and-mortar locations and compete directly with the Taco Truck for customers seeking fast food options.
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what is the characterized of business with explanation plz help fast
Answer:
Business Definition. Business is an economic activity that involves the exchange, purchase, sale or production of goods and services with a motive to earn profits and satisfy the needs of customers.
Hope it's help you ...
Larry is married and has five children. he is worried about the stability of his current employment and does not have a lot of savings. larry sought out financial advice and he was told to purchase a life insurance policy that provided him with total control over the lifetime benefits, just in case he becomes unemployed. since his estate is significantly under the estate tax exclusion amount, larry is not concerned about the policy being included in his gross estate. he plans to name his spouse as the beneficiary to ensure that she, and his children, will be adequately provided for in the event of his death. which one of the following techniques satisfies larry's planning objectives?
a)
larry should have a life insurance policy that is owned by an irrevocable trust.
b)
larry should have a life insurance policy that is owned by a revocable trust.
c)
larry should purchase a life insurance policy that names his wife as the insured.
d)
larry should purchase a life insurance policy that names himself as the insured.
technique that satisfies Larry's planning objectives is Larry should purchase a life insurance policy that names himself as the insured So correct answer is D
Larry's primary concern is to provide financial security for his family in case he becomes unemployed or in the event of his untimely death. One way to achieve this objective is by purchasing a life insurance policy. However, to ensure that the policy fulfills his planning objectives, Larry needs to choose the right ownership and beneficiary designations for the policy.Option D: Larry should purchase a life insurance policy that names himself as the insured.
This option would provide Larry with total control over the lifetime benefits of the policy. Larry could also name his spouse as the beneficiary to ensure that she and his children are adequately provided for in the event of his death. Since his estate is significantly under the estate tax exclusion amount, he is not concerned about the policy being included in his gross estate.
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One helpful feature of most Web 2.0 organization software is that
a. It requires one particular Internet browser
b. It is usually downloaded to a computer hard drive
c. It has a complex user interface
d. It can usually be synced to a handheld device
Please select the best answer from the choices provided
Ο Α
B
С
Answer:
d. It can usually be synced to a handheld device
Explanation:
One helpful feature of most Web 2.0 organization software is that it can usually be synced to a handheld device.
Answer:
D or 4Explanation:
d.It can usually be synced to a handheld devicethe rest are incorrect!a.
It requires one particular Internet browser
b.
It is usually downloaded to a computer hard drive
c.
It has a complex user interface
sub to Pen Paper
I have an entrepreneurship project what good invention could make that benefits Americans?
Answer:
think of a problem an everyday American citizen faces. come up with an invention to solve that.
According to the video, what products were made by Biomedical Engineers?
imaging systems
prescription drugs
artificial limbs
lasers for surgery
naturopathic
Answer:
Imaging systems
artificial limbs
lasers for surgery
Explanation:
I just did the assignment
Answer:
→imaging systems←
→artificial limbs←
→lasers for surgery←
( 1, 3, and 4)
Explanation:
Doing the Assignment, but I hope this helps
The person above is correct so all credit to them↑↑
How to study using a 450 pg online college textbook in which you are asked detailed questions and scenarios.. It's overwhelming.
Answer:
Explanation:
There are many things in life that will seem overwhelming due to the how large and complex all of the data may be. The best way to get through these moments is to divide the task into smaller parts and sit down and dedicate time to it. For such a textbook divide the total amount of pages and read a little bit at a time, take breaks, reflect on what you have read, answer practice questions, and continue to the next group of pages. You will see after getting started that it is not as overwhelming anymore.
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When a marginal propensity to import is introduced to the open income model of the economy,
A. an additional leakage will limit economic expansions.
B. equilibrium income will not be affected.
C. economic growth will tend toward trade surpluses.
D. exports must necessarily be reduced.
When a marginal propensity to import is introduced to the open income model of the economy:
A. an additional leakage will limit economic expansions.The correct answer is A.
An additional leakage will limit economic expansions. The marginal propensity to import represents the fraction of additional income that individuals or businesses choose to spend on imports rather than on domestically produced goods and services. This implies that when income increases, a portion of that increase will be spent on imports, which effectively leaks out of the domestic economy. As a result, the introduction of a marginal propensity to import will limit the expansionary effect of an increase in income, as a portion of the additional income will be absorbed by imports and not contribute to domestic economic activity.
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In many cases, it is reasonable to refer to the ________________ as the price.
Most time, it is reasonable to refer to the opportunity cost as the price because it entails the benefit of the foregone good or service.
What is an opportunity cost?It refers to a value of what is rejected in order to perform the chosen alternative, that is, the value one have to give up to buy what you want in terms of other goods or services.
Therefore, it is sometimes reasonable to refer to the opportunity cost as the price because it entails the benefit of the foregone good or service.
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URGENT!! Which type of payroll report is prepared for the employee's use?
A. Form W-3
B. Form W-2
C. Form 941
D. Form 940
Answer:
Hope this helps and have a nice day
Explanation:
The type of payroll report that is prepared for the employee's use is Form W-2.
Option B. Form W-2
APR, a rate advertised by ___ is typically ___ than APY
A) lenders; higher
B) borrowers; higher
C) borrowers; lower
D) lenders; lower
answer: D
APR, a rate advertised by lenders is typically lower than APY. The correct answer is D.
What is APR?APR is an acronym for annual percentage rate, it is considered as a cost of borrowing money which is calculated on a percentage that any individual pay each year on their loan. It does not only include the rate of interest but also the fees you must pay to obtain the loan.
APY is an acronym for annual percentage yield, which is considered the actual rate of return on the investment after considering the effect of investment returns.
APR is a rate advertised by lenders that is typically lower than APY as the cost of overall borrowing is lower, and the accounts of APR are also lower. If the difference between APR and APY is higher, the frequency with which interest compounds also increases.
Therefore, option D lenders and lower is the appropriate answer.
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The price elasticity of demand is typically expressed as a positive number because:
a) the demand curve has a positive slope.
b) price and quantity move in the same direction.
c) it's convenient to use absolute values.
The price elasticity of demand is typically expressed as a positive number because price and quantity move in the same direction. (option b).
To calculate the price elasticity of demand, economists use the formula:
Price elasticity of demand = (percentage change in quantity demanded) / (percentage change in price)
Because both the numerator and denominator of this formula are expressed as positive values, the resulting elasticity value will also be positive.
This positive value tells us that the relationship between price and quantity demanded is such that as price increases, quantity demanded decreases, and vice versa.
Additionally, expressing elasticity as a positive number makes it easier to compare the responsiveness of demand across different goods and services, even if they have different prices and quantities.
Hence option (b) is right.
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Jessica has an insurance policy that will pay her an annual annuity of $590 at the end of each year for a total of 8 consecutive years. However, the terms of the policy are such that the annuity's first payment will not be made until the end of year 4. Determine the present value of Jessica's policy if the interest rate is 3%.
Present value of Jessica's policy after the end of year 4 with interest rate of 3% is $2,193.09
PV Ordinary Annuity = C × [ 1 - ( 1 + i ) ⁻ⁿ / i ] C = Cash flow per period (payment amount), i = Interest rate, n = Number of payments
= 590 × [ 1 - ( 1 + 0.3) ⁻⁴ / 0.3]
= 2,193.09
The worth of an anticipated income stream assessed as of the date of valuation is known as present value (PV), sometimes known as present discounted value. Due to the ability of money to generate interest, or the time value of money, the present value is often less than the future value, with the exception of periods when interest rates are zero or negative, in which case the present value will be equal to or greater than the future value. The shortened expression "A dollar today is worth more than a dollar tomorrow" can be used to explain time value. 'Worth more' here denotes that it is worth more today than it will be tomorrow.
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If a licensee becomes a partner in a real estate firm, he must have a(n):
a. salesperson license
b. broker license
c. associate broker license
d. minimum of two year's experience as a broker
If a licensee becomes a partner in a real estate firm, he/she must have a broker license. Therefore, the correct option is B) a broker license
A broker license is required for individuals who are responsible for managing and overseeing the operations of a real estate firm, which includes acting as a partner in the firm. A salesperson license is not sufficient for this role, as salespersons are only authorized to work under the supervision of a licensed broker.
While some states may require a minimum amount of experience as a broker before an individual can become a partner in a real estate firm, this is not a universal requirement. The specific requirements for licensure and partnership in a real estate firm can vary by state and jurisdiction, so it's important to consult with the appropriate regulatory body or licensing agency for specific information and guidance.
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Mangroves and coral reefs are examples of ________ in the ocean.
Answer: I hope this is helpful
Explanation:
Sea is the answer because it shows that what apart of I think this is the answer
Mangroves and coral reefs are examples of marine ecosystem in the ocean.
What is an ecosystem?An ecosystem is a group or community of living organisms with the non-living components and their interaction with each other and the surrounding environment.
An ecosystem is a structural and functional unit of ecology where the living organisms interact with each other and their surrounding environment.
The structure of an ecosystem is characterized by the organization or interaction of both biotic and abiotic components. It includes the distribution of energy in the environment and also the climatic conditions prevailing in that particular environment.
Like mangroves and coral reefs are examples of marine ecosystem in the ocean.
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Which component of a balance sheet includes a business’s debts, or the money that it owes to creditors for past transactions?
Answer:
liabilities.
Explanation:
A balance sheet is prepared based on the accounting equation of assets = capital + liabilities.
The liability section is where the debts of the business are recorded. Liabilities represent what the business owes to suppliers and other third parties. They are expressed in monetary value. Liabilities are further subdivided into current and long term liabilities.
ryan neal bought 2,400 shares of ford (f) at $16.02 per share. assume a commission of 1% of the purchase price. ryan sells the stock for $20.33 with the same 1% commission rate.what is the gain or loss for ryan?
Ryan gained $9,471.60 from selling 2400 Ford shares, including commissions.
How much did Ryan gain or lose from selling the Ford shares?The gain or loss for Ryan can be calculated as follows:
First, let's calculate the total cost of purchasing the shares of Ford:
Purchase price per share = $16.02
Number of shares purchased = 2,400
Total purchase price = $16.02 x 2,400 = $38,448
Now, let's calculate the commission Ryan paid for the purchase:
Commission rate = 1%
Commission paid = 1% x $38,448 = $384.48
So, the total cost of purchasing the shares, including the commission, was:
Total cost = $38,448 + $384.48 = $38,832.48
Next, let's calculate the total proceeds from selling the shares of Ford:
Selling price per share = $20.33
Number of shares sold = 2,400
Total selling price = $20.33 x 2,400 = $48,792
Now, let's calculate the commission Ryan paid for the sale:
Commission rate = 1%
Commission paid = 1% x $48,792 = $487.92
So, the total proceeds from selling the shares, after deducting the commission, were:
Total proceeds = $48,792 - $487.92 = $48,304.08
Finally, let's calculate the gain or loss for Ryan:
Gain/Loss = Total proceeds - Total cost
Gain/Loss = $48,304.08 - $38,832.48
Gain/Loss = $9,471.60
Therefore, Ryan's gain from selling the shares of Ford was $9,471.60
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Dakota earns $8.70 an hour for 37
Per month
hour week. How much is earned per week?
Answer:
$321.90
Explanation:
You will write a draft of introductory email or communication to request a job shadowing experience or interview with a member of the community who works in a helping profession. The first paragraph should define the request for the job shadow experience/interview, including dates, times, and expectations of the job shadow experience. In the second paragraph, describe yourself including your career and personal goals and alignment to the job shadow experience, e.g., what you hope to learn. The third paragraph should close the request
Answer:
https://prehealth.wisc.edu/wp-content/uploads/2016/06/Sample-Shadowing-Request-E-mail.pdf
Explanation:
i made this link for you, its an essay