the adjusted trial balance of Cullumber Company for the year ended December 31, 2022, is as follows:
Debit Credit
Cash
$ 6,900 Accounts Receivable
2,800 Notes Receivable
7,100 Inventory
9,500 Equipment
8,300 Allowance for Doubtful Accounts
$ 400
Accumulated Depreciation—Equipment
1,400
Notes Payable
1,400
Accounts Payable
700
Common Stock
16,800
Retained Earnings
11,500
Dividends
1,700 Sales Revenue
15,000
Interest Revenue
100
Cost of Goods Sold
8,000 Salary and Wages Expense
2,000 Rent Expense
900 Bad Debt Expense
70 Service Charge Expense
30 $ 47,300 $ 47,300
Attempts: 2 of 3 used
(a3)
Prepare a classified balance sheet. The notes payable is due on January 10, 2023. (List Current Assets in order of liquidity.)
Answers
Current Assets:
Cash $ 6,900
Accounts Receivable 2,800
Notes Receivable 7,100
Inventory 9,500
Total Current Assets $26,300
Cullumber Company
Classified Balance Sheet
December 31, 2022
Current Assets:
Cash $ 6,900
Accounts Receivable 2,800
Notes Receivable 7,100
Inventory 9,500
Total Current Assets $26,300
Property, Plant, and Equipment:
Equipment $ 8,300
Less: Accumulated Depreciation (1,400)
Total Property, Plant, and Equipment $ 6,900
Total Assets $33,200
Current Liabilities:
Notes Payable $ 1,400
Accounts Payable 700
Total Current Liabilities $ 2,100
Stockholders' Equity:
Common Stock $16,800
Retained Earnings 11,500
Total Stockholders' Equity $28,300
Total Liabilities and Equity $33,200
The Notes Payable of $1,400 is classified as a current liability as it is due on January 10, 2023. a classified balance sheet for Cullumber Company for the year ended December 31, 2022. Here is the classified balance sheet, with current assets listed in order of liquidity:
Cullumber Company
Balance Sheet
December 31, 2022
Assets:
Current Assets:
Cash $6,900
Accounts Receivable $2,800
Less: Allowance for Doubtful Accounts ($400)
Net Accounts Receivable $2,400
Notes Receivable $7,100
Inventory $9,500
Total Current Assets $25,900
Property, Plant, and Equipment:
Equipment $8,300
Less: Accumulated Depreciation ($1,400)
Net Equipment $6,900
Total Assets $32,800
Liabilities:
Current Liabilities:
Notes Payable (due Jan 10, 2023) $1,400
Accounts Payable $700
Total Current Liabilities $2,100
Stockholders' Equity:
Common Stock $16,800
Retained Earnings $11,500
Less: Dividends ($1,700)
Net Retained Earnings $9,800
Total Stockholders' Equity $26,600
Total Liabilities and Stockholders' Equity $32,800
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Related Questions
the first step in finding a job is writing a well-organized résumé. group of answer choices true false
Answers
Answer:
true
Explanation:
it is always best to write a resume about your self and your career
A business buyer buys goods for SEK 50,000 including VAT. (25% rate) on credit. What accounting effects does the transaction have?
Answers
The business buyer's purchase of goods on credit worth SEK 50,000 including VAT at 25% has the accounting effect of increasing both assets and liabilities.
When a business buyer buys goods on credit worth SEK 50,000 including VAT at 25%, there are accounting effects to be noted. This transaction has the effect of increasing both assets and liabilities. The assets of the buyer are increased by the value of the goods purchased, which is SEK 50,000 including VAT at 25%.This increase in assets is, however, accompanied by an increase in liabilities since the purchase is made on credit. The buyer becomes liable to pay the supplier for the goods purchased on credit. This liability is recorded as accounts payable in the buyer's books of accounts.The VAT element of the transaction also has an accounting effect. The VAT element is considered as a part of the purchase price of the goods. Therefore, the buyer's accounts will show the VAT element as part of the cost of the goods purchased on credit. This means that the buyer's costs of goods sold will increase by SEK 10,000 (VAT at 25% of SEK 50,000).
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equipment with a cost of $20,000 and a book value of $6,000 was sold during the year for cash of $18,000. additional equipment was purchased during the year for cash. what was the amount of cash paid for purchases of equipment during the year
Answers
The amount of cash paid for purchases of equipment during the year is $8,000.
Calculating the problem:Accumulated depreciation on Equipment sold = Cost of equipment sold - Book Value = $20000 - $6000 = $14,000
Depreciation expense in operating activities section = Ending Accumulated Depreciation - (Beginning Accumulated Depreciation - Accumulated depreciation on Equipment sold)
= $184000 - ($190000 - $14000)
= $184000 - $176000
= $8,000
What do you mean by depreciation?The term depreciation refers to an accounting technique used to spread the cost of a tangible or physical asset over its useful life. Depreciation indicates how much of an asset's value has been used. It allows companies to generate income from the assets they own by making payments over a period of time.
Accumulated depreciation is the total amount an asset is depreciated to one point. Each period, the depreciation expense recognized in that period is added to the first accumulated depreciation
Question is incomplete . Missing values are given below:
Equipment beginning of the year = 340,000
equipment end of the year = 420,000
accumulated depreciation beginning of the year =190,000
accumulated depreciation end of the year= 184,000
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Which education and qualifications would a high-level National Security Officer most likely need? Check all that apply.
design skills
customer-service skills
leadership skills
bachelor’s degree
discipline
high school degree
Answers
The education and qualifications that a high-level National Security Officer would most likely need are :
leadership skillsbachelor’s degreedisciplineBecoming a National Security OfficerThrough a competitive, national, merit-based annual competition, successful applicants distinguish themselves as highly motivated in their academic and career goals and in their strong commitment to public service. In return for support, award recipients agree to work in qualifying national security positions for at least one year.
Thus, the education and qualifications that a high-level National Security Officer would most likely need are :
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Answer:here's the answer for this question
Explanation:edge2023
what is one disadvantage of not having a checking account?
Answers
Answer:
A disadvantage could be paying the bills in person, having to pay bills AND gas money.
if you have a net spendable income of 1,450 per month, what is the maximum amount of money you should spend on entertainment each month
Answers
why all choices are economic choices?
Answers
Answer:
All choices are economic choices because with every choice we make, we are (sometimes subconsciously) analyzing the costs and benefits of our options. Our choices are guided by self-interest and every choice we make involves some kind of cost, whether it be time or money or something else.
Usd 1.725 for 1 gbp usd 0.645 for 1 chf gbp 0.365 for 1 chf the three steps which will create triangular arbitrage profit are as follows: first step, convert ____; second step, convert _______, and third step, conve
Answers
In order to create triangular arbitrage profit, the steps are:
Convert USD to GBPConvert GBP to CHF Convert CHF to USD. What are the steps to create triangular arbitrage?The amount that you get when you convert USD directly to CHF is $0.645.
But, if the USD was first converted to GBP and then to CHF, and back to USD, the amount would be:
= 1/1.725
= GBP 0.58
GBP to CHF:
= 0.58 / 0.365
= 1.588 CHF
CHF to dollar:
= 1.588 x 0.645
= $1.024
Which gives a profit of:
= 1.024 - 1 originally invested
= $0.024
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Use the Internet to find an article that deals with the financial records of a business. Once you have found and read your article, record your summary and the link location using the following format in the box below. Be sure to include the URL links you used as resources in the space below. Submit your work below.
Paragraph #1 - Summary of article and link
Paragraph #2 - How it relates to entrepreneurship
Paragraph #3 - Your opinion of how the business will do in the next few months based on its financial records.
Answers
After using the Internet to search an article that deals with the financial records of a business is mentioned below:
Business Financial Record:The economic facts of a enterprise is a illustration of wherein the cash the enterprise earns comes from and wherein the cash is being directed in addition to the modern-day popularity of the cash earned, (source, U.S. Securities and Exchange Commission website) Financial facts includes; General accounting books, Banking facts, debtor's facts, creditor's facts, charges facts, tax facts, provide details, agreement facts, listing of assets, worker payments, cashbook facts, and inventory facts (Source Australian Charities and Not-for earnings fee website).
How it pertains to entrepreneurship?An entrepreneur, venturing right into a enterprise, wherein capital investments are and sources are put, sales is collected, shares are sold, and elements of manufacturing including device are purchased, can great keep the economic fitness of the via way of means of maintaining an correct and updated economic record, such that the coins flows are correctly control to achieve the proper fees and hobby fees from providers and creditors respectively .(Gateway to Commercial Finance website)
Your opinion of ways the enterprise will do withinside the following couple of months primarily based totally on its economic facts
A enterprise that always makes earnings and incurs a hard and fast charges is anticipated to grow, whilst a enterprise that has restrained sales is anticipated to embark on novel approaches.
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Find the future worth of the following cashflow at 7.92% per annum at the end of the term.
End of the year Cash Flow
0 Initial Cost,
P255,434
1 Expense,
P94,594
2 Revenue,
P243,059
3 Savings,
P223,646
4 Income,
P205,083
Answers
The future worth of the cash flow at a 7.92% per annum rate is P920,129.51.
To calculate the future worth, we need to apply the interest rate to each cash flow and discount it to the end of the term. Then we sum up all the discounted cash flows.
To calculate the future worth of the cash flow, we use a process called discounting. Discounting takes into account the time value of money, which means that a certain amount of money today is worth more than the same amount in the future due to the potential for investment and earning interest.
In this case, we have cash flows occurring at different time periods (0, 1, 2, 3, and 4 years). We apply the interest rate of 7.92% per annum to each cash flow and discount it back to the end of the term.
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TRUE OR FALSE 81) High-speed analytic platforms use both relational and non-relational tools to analyze large datasets.
A) TRUE
B) FALSE
Answers
The given statement "High-speed analytic platforms use both relational and non-relational tools to analyze large datasets" is TRUE because these platforms are designed to handle big data and provide insights through analysis.
Understanding High-speed analytic platformsThey use a combination of relational tools, which are based on structured data and follow the relational database model, and non-relational tools, which handle unstructured or semi-structured data and are commonly known as NoSQL databases.
By using both types of tools, high-speed analytic platforms can efficiently process and analyze various kinds of data, thus enabling businesses and organizations to make well-informed decisions.
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1 debt 10. 0% 1 wACCE 11. 20% asset 15. 0% tax rate 34%. Equity 24. 9% 1 Tee 2%
Tiger Towers, Inc. Is considering an expansion of their existing business, student apartments. The new project will be built on some vacant land that the firm has just contracted to buy. The land cost $1,000,000 and the payment is due today. Construction of a 20-unit office building will cost $3 million; this expense will be depreciated straight-line over 30 years to zero salvage value; the pretax value of the land and building in year 30 will be $18,000,000. The $3,000,000 construction cost is to be paid today. The project will not change the risk level of the firm. The firm will lease 20 offices suites at $20,000 per suite per year; payment is due at the start of the year; occupancy will begin in one year. Variable cost is $3,500 per suite. Fixed costs, excluding depreciation, are $75,000 per year. The project will require a $10,000 investment in net working capital.
What is the unlevered after-tax incremental cash flow for Year 0? What is the unlevered after-tax incremental cash flow for Year 2? What is the unlevered after-tax incremental cash flow for Year 30?
Answers
Therefore, the unlevered after-tax incremental cash flow for Year 30 is: $11,883,400
The depreciation expense for each year and adjust for the change in net working capital.
Year 0:
The cash outflow for Year 0 is the cost of the land and the construction cost, which is $1,000,000 + $3,000,000 = $4,000,000. There are no cash inflows in Year 0.
The depreciation expense for Year 0 is $3,000,000/30 = $100,000.
The change in net working capital for Year 0 is -$10,000.
Therefore, the unlevered after-tax incremental cash flow for Year 0 is:
Cash flow = (Cash inflow - Cash outflow - Depreciation) * (1 - Tax rate) + Depreciation - Change in net working capital
Cash flow = (0 - $4,000,000 - $100,000) * (1 - 0.34) + $100,000 - (-$10,000)
Cash flow = -$2,636,000
Year 2:
The cash inflow for Year 2 is the lease payments for 20 office suites, which is 20 * $20,000 = $400,000. The variable cost for 20 office suites is 20 * $3,500 = $70,000. The fixed cost for Year 2 is $75,000.
The depreciation expense for Year 2 is $3,000,000/30 = $100,000.
The change in net working capital for Year 2 is 0 (assumed).
Therefore, the unlevered after-tax incremental cash flow for Year 2 is:
Cash flow = (Cash inflow - Cash outflow - Depreciation) * (1 - Tax rate) + Depreciation - Change in net working capital
Cash flow = ($400,000 - $70,000 - $75,000 - $100,000) * (1 - 0.34) + $100,000 - 0
Cash flow = $110,900
Year 30:
The cash inflow for Year 30 is the pretax value of the land and building, which is $18,000,000. The variable cost for 20 office suites is 20 * $3,500 = $70,000. The fixed cost for Year 30 is $75,000.
The depreciation expense for Year 30 is $3,000,000/30 = $100,000.
The change in net working capital for Year 30 is 0 (assumed).
Therefore, the unlevered after-tax incremental cash flow for Year 30 is:
Cash flow = (Cash inflow - Cash outflow - Depreciation) * (1 - Tax rate) + Depreciation - Change in net working capital
Cash flow = ($18,000,000 - $70,000 - $75,000 - $100,000) * (1 - 0.34) + $100,000 - 0
Cash flow = $11,883,400
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You want to own a photography studio and you open one that specializes in wedding
photography. After 6 months though, your studio fails and you close down. Read the
following scenarios and pick which one you think you should do next.
Answers
Answer:
Explanation:
Open another photography studio that specializes in wedding photography.
Open a photography studio that offers a wider range of services, such as portrait photography, event photography, and commercial photography.
Take a break from photography and explore other career options before deciding on your next steps.
Based on the information provided, it is not clear which of the above scenarios would be the best option for you. Each of these scenarios has its own advantages and disadvantages, and the right choice for you will depend on your personal goals, interests, and circumstances. For example, if you are passionate about wedding photography and believe that your previous studio failed due to external factors, then opening another studio that specializes in wedding photography may be a good option for you. On the other hand, if you believe that your studio failed because the market for wedding photography is saturated or because your services were not competitive, then expanding your portfolio to offer a wider range of services may be a better option. Alternatively, taking a break from photography and exploring other career options may allow you to gain new skills and experiences that can help you in your future endeavors.
In Citation when you use the exact words from a source, you are ______________________.
Answers
Answer:
Quoting
Explanation:
or something along those lines
Papa Jim purchased a bond today with a 14-year maturity and a
yield to maturity (YTM) of 9%. The coupon rate is 10% and coupons
are paid annually. The par value is $1,000. Papa Jim is going to
hold th
Answers
To calculate the price that Papa Jim paid for the bond, we can use the present value of a bond formula. Here's how to calculate it:
PV = (C / (1 + r)) + (C / (1 + r)^2) + ... + (C / (1 + r)^n) + (M / (1 + r)^n)
Where:
PV = Present value (price) of the bond
C = Annual coupon payment
r = Yield to maturity (YTM) expressed as a decimal
n = Number of years until maturity
M = Par value of the bond
Let's calculate the price that Papa Jim paid for the bond:
C = Coupon payment = 10% * $1,000 = $100
r = YTM = 9% = 0.09 (expressed as a decimal)
n = Number of years until maturity = 14
M = Par value of the bond = $1,000
PV = ($100 / (1 + 0.09)) + ($100 / (1 + 0.09)^2) + ... + ($100 / (1 + 0.09)^14) + ($1,000 / (1 + 0.09)^14)
Now, let's calculate the present value using the formula:
PV = $100 / (1 + 0.09) + $100 / (1 + 0.09)^2 + ... + $100 / (1 + 0.09)^14 + $1,000 / (1 + 0.09)^14
You can simplify this equation by calculating each term separately and summing them up.
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What impact does a bargain purchase option have on the present value of the minimum lease payments computed by the lessee
Answers
A bargain purchase option in a lease agreement allows the lessee (the person leasing the asset) to purchase the leased asset at the end of the lease term for a price significantly lower than its fair market value.
The presence of a bargain purchase option has a significant impact on the present value of the minimum lease payments computed by the lessee. The minimum lease payments computed by the lessee include both the base lease payments and any residual value guarantees. The inclusion of a bargain purchase option reduces the present value of the minimum lease payments because it increases the likelihood that the lessee will exercise the option to purchase the asset at a bargain price. As a result, the overall cost of the lease to the lessee is reduced, and the present value of the minimum lease payments is lower.
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The Albertsons are purchasing a home for $400,000. They are financing 70 percent of the home's value. In addition to the down payment, they have the following closing costs:
Lender's inspection fee $400 Loan origination fee 1.5% of the loan amount Notary public fee $60
Document recording fees $75
Title search $300
What is the total amount of the closing costs? .
help plz
Answers
Answer:
$5,035
Explanation:
First, you have $400 as the first cost in the closing costs.
You Then find 1.5% of the loan amount, which is 70% of $400,000 ($280,000), so 1.5% of $280,000 is $4,200. So you add $4,200 to the $400
Next, you add the notary fee of $60.
Then you add the recording fees of $75.
Lastly, you add the title search of $300.
Now add everything up, $400 + $4,200 + $60 + $75 + $300 = $5,035
Final answer = $5,035
Question 7 of 10
Zack buys 40 shares of eBay at the close price of $20.95. His broker charges
him 4% of each share as a transaction fee. How much did Zack spend in total
to buy this stock?
A. $838.00
B. $871.52
C. $856.28
D. $891.46
Answers
The cost of each share is $20.95, and Zack buys 40 shares, so the cost of the shares is 20.95 * 40 = $838.00.
Zack's broker charges him 4% of each share as a transaction fee, so the total transaction fee is 0.04 * 20.95 * 40 = $33.28.
Therefore, the total cost of the transaction is $838.00 + $33.28 = $871.28.
The correct answer is B. $871.52.
what is networking why is useful when looking for a job
Answers
Answer:
Career networking involves using personal, professional, academic or familial contacts to assist with a job search, achieve career goals, learn more about your field, or another field you'd like to work in. Networking can be a good way to hear about job opportunities or get in at a company you'd like to work with.
Explanation:
Networking can be a good way to hear about job opportunities or get in at a company you'd like to work with.
Use the fundamental characteristics of the four major types of interest-paying checking accounts to assess the following scenario. Your good friend Valerie received an inheritance from a distant relative. Valerie asks your advice about interest-paying checking accounts. She wants to create a unified and coordinated bundle of checking, savings, stock brokerage, and mutual fund accounts whose transactions are reported in a single monthly statement. Which interest-paying checking account would you recommend to Valerie
Answers
You should advise Cho to open an asset management, all-in-one, or central asset checking account, which pays interest.
A single monthly statement detailing all of the transactions in the AMA's checking, savings, stock brokerage, and mutual fund accounts is provided.
Cho should be advised to open an interest-bearing checking account with the AMA. Some of the attributes of a standard checking account and those of an investment account are combined in an asset management account. Banks are using this type of account more frequently as clients look for ways to streamline their finances and save time. The AMA provides a unified and coordinated assortment of mutual fund, stock brokerage, checking, and savings accounts, with a single monthly statement detailing all transactions.
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The best interest-paying checking account for Yvette is Asset management account (AMA).
It is the best because Yvette can easily obtain their monthly statement of account information and because this account makes it possible to easily verify their accounts. With this account, banks offer debit or credit card services, allowing Yvette to easily have access to a mini statement of her bank account information from an ATM.
This account provides a range of services to the account holders, including account verification, debit or credit card capabilities, money transfers between account holders' accounts, and the ability to borrow money at a lower interest rate.
Other interest-paying checking accounts are:
MMDAs (Money Market Deposit Accounts) are a type of savings account that, in comparison to traditional savings accounts, allows account holders to earn a higher rate of annual yield. Compared to a standard savings bank account, this account requires a larger minimum balance in the account holder's accounts.
Money Market Mutual Funds (MMMF): This is an account that enables people to invest their money in debt or securities for a brief period of time and then withdraw it.
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Several companies produce latex gloves that are used in a variety of different industries. If one of the glove manufacturers decreases its price by just a few percentage points, it will result in a significant increase in quantity demanded. The demand for latex gloves is:
Answers
Answer: elastic
Explanation:
From the question, we are told that several companies produce latex gloves which are used by different industries. We are further told that when one of the glove manufacturers reduces its price by just a few percentage points, this will result in a significant increase in quantity demanded.
Based on the explanation above, we can reduce that the demand for latex gloves is elastic. Elastic demand occurs when a change in price brings about a large change in the quantity demanded of a particular product. This is the scenario that happened regarding the latex gloves.
When a company produces and sells multiple products
Answers
When a company produces and sells multiple products each product most likely has a contribution margin. which shows the additional revenue incurred from it.
A contribution margin shows the additional revenue received from each additional product made from the company after it's breakeven point.
C=PV is the formula to calculate contribution margin. After you have the raw data, calculating the contribution margin per product is an easy step. Subtract your variable costs per unit from the sales price per unit to arrive at the margin.
While you go forward with the contribution margin only for the WACM calculation, you also can use the information already gathered to determine the contribution margin ratio per product line.
Divide the contribution margin by the sales price when a corporation manufactures and sells many products; each product most likely has a contribution margin. Your margin of contribution is this proportion.
Generating, involving, or providing several goods It's a necessary step when transitioning from a single-product company, which is primarily what Apple has been, to a multiproduct company.
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When a company produces and sells multiple products___________.
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Explain the functions of a vice- president of India.?
Answers
Explanation: Il exerce les fonctions du président en cas de vacance et jusqu'à ce qu'un nouveau président soit élu ou en cas d'incapacité temporaire, jusqu'à la fin de l'incapacité.
The Vice- President performs the following normal functions as Chairman of the Rajya Sabha:
1. He is the ex-officio Chairman of the Rajya Sabha . At such , he regulates the proceedings of this House.
2. He decides about the admissibility of a question or a resolution in the Rajya Sabha.
3. The Vice- President decides about the serial order amd time limit of speech of a member.
4. He may suspend the proceedings of the House, in case of grave disorder.
5. He issues directions to the Chairmen of different committees of the House.
As Vice- President has no significant function, except ceremonial, i.e., to receive certain categories of VIP's from abroad . He undertakes goodwill missions abroad. He takes over a the President in case of :
A. Death of the President in office,
B. Resignation of the President
C. Removal of the President
D. Incase of illness, absence.
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It is to completely diversify away all risk O possible; if securities are carefully selected O impossible; because default risk remains O impossible; because market risk remains O possible; if inflation remains the same
Answers
It is hard to entirely diversify away all risk because market risk still exists.
A two to six player strategy board game of conquest, conflict, and diplomacy is called Risk. The conventional version of the game is played on a board with a political map of the world divided into forty-two regions, which are subsequently arranged into six continents. As they try to capture the territory of other players, players take turns commanding armies of playing pieces. Each turn's outcome is determined by a roll of the dice. Affiliations between players may establish and fall apart during the course of the game. Controlling every part of the board and eliminating every other player are the two main goals of the game. To finish the game, it could take several hours or days. In European variants, the game is designed so that each player has a limited number of "secrets."
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Imagine you were the owner of a company needing services from an investment bank. Which would you be more concerned about- the reputation of their product group(s) or the reputation of their industry groups? Why? Would you rather use a boutique or bulge-bracket bank to strengthen your company?
Answers
Serving as a sort of middleman between firms and investors through initial public offerings is one of the main responsibilities of an investment bank (IPOs).
Briefing:-When a business chooses to go public and wants equity funding, investment banks offer underwriting services for new stock issues.
Which sectors make for the finest investment banking?Industrials in the Natural Resources (Oil & Gas, Mining, and Power & Utilities) and Technology, Media & Telecommunications (TMT) or Financial Institutions Group (FIG) sectors.
What exactly does an investment banker do to assist others and what is their area of focus?Investment bankers mostly serve as financial consultants to businesses and, occasionally, to governments. They aid their customers in fund raising. This could entail raising capital by issuing stock, issuing a bond, negotiating the purchase of a rival business, or setting up the sale of the company.
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Which of the following is an assumption of the basic fixed-order quantity inventory model? Ordering costs are variable Lead times are averaged Price per unit of product is constant Back orders are allowed
Answers
The basic fixed-order quantity inventory model, also known as the Economic Order Quantity (EOQ) model, makes several assumptions to determine the optimal order quantity that minimizes the total cost of inventory management. Among the given options, the assumption made by the EOQ model is that the price per unit of product is constant.
In this model, the unit price is assumed to be fixed and does not change with the order quantity or time. This allows for a simplified calculation of inventory costs, which typically consist of ordering costs, holding costs, and shortage costs. The fixed unit price assumption implies that discounts or bulk pricing structures are not considered in this model.
Other assumptions in the EOQ model include a constant demand rate, fixed ordering costs, and instantaneous replenishment of inventory (i.e., no lead time). While the model does not inherently include lead times, they can be incorporated into safety stock calculations to manage the risk of stockouts. Additionally, back orders are typically not considered in the basic EOQ model, although there are variations of the model that account for them.
In summary, the basic fixed-order quantity inventory model assumes a constant price per unit of product, along with other simplifying assumptions that allow for straightforward calculations of optimal order quantities to minimize total inventory costs.
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Referring to an individual as “a person with schizophrenia,” as opposed to “a schizophrenic,” is an example using _____________ language.
Diagnostic
People-first
Inappropriate
Boundary-safe
Answers
Answer:
People-first
Explanation:
People-first language is a form of linguistic medication style involving a speaker putting a person before describing the actual diagnosis, that is, what a person "has" rather than asserting what a person "is."
For example, “a man walks with crutches” rather than” he is disabled.” Person-first language tends to be positive and promotes abilities rather than limitations.
Hence, in this case, Referring to an individual as “a person with schizophrenia,” as opposed to “a schizophrenic,” is an example using PEOPLE-FIRST Language.
The percentage of the last dollar you earn that goes toward your taxes is your. A) tax deferral rate. B) base tax rate. C) average tax rate.
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Option A is Correct. Your tax deferral rate is the portion of your final dollar of income that is allocated to paying taxes.
The amount of additional tax paid for each new dollar of income received is known as the marginal tax rate. Total taxes paid divided by total income generated is the average tax rate. At a marginal tax rate of 10%, tax would be deducted from the following dollar of income at a rate of 10%.
The percentage of income a taxpayer pays in taxes is known as their average tax rate (also known as effective tax rate). The tax rate levied on a taxpayer's final dollar of income, however, is known as their marginal tax rate. Average tax rates paid by taxpayers are often substantially lower than marginal tax rates.
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interview any business owner on impact of crime
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Answer:
Businesses that had been affected by crime were found to be 17 to 22 percent less likely to increase employment. Almost half the businesses said that fear of crime among their clients or customers had had a negative impact on their businesses. This figure was particularly high in townships and inner city locations.
Explanation:
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Depreciation expense is added back to net income when preparing the cash flow from operating activities section because depreciation represents a(n) ______ reduction to net income. Multiple choice question.
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Depreciation is a non-cash reduction to net income, it is added back to net income when producing the cash flow from operating activities section.
What is depreciation?The term depreciation refers to an accounting method used to allocate the cost of a tangible or physical asset over its useful life. Depreciation represents how much of an asset's value has been used. It allows companies to earn revenue from the assets they own by paying for them over a certain period of time.
Since depreciation is a cost rather than a cash payment, it is added back to net income to balance net income to net cash supplied by operating activities.
Net income underestimates generated from operations because accountants deduct depreciation while calculating net income. Because net income is the starting point for calculating cash flows from operational activities using the indirect method, the amount of depreciation must be restored back to net income.
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