The demand of television sets at a distributor is uniform at 3000 TV sets for the year. The ordering costs are INR 3 lacs per order. If the holding cost of a TV set is INR 4 lacs. Determine the following: ( 2+2+4 = 8 marks)
a. EOQ
b. No. of optimal lots in the year.
c. The total cost related to inventory carrying and ordering cost.

Answer:

1. March 1, 2021

Dr Cash $678,000

Dr Discount on bonds payable $12,000

Cr Bonds payable $690,000

2. August 31, 2021

Dr Bond interest expense $34,800

Cr Discount on bonds payable $ 300

Cr Cash $34,500

3. December 31, 2021

Dr Bond interest expense $23,200

Cr Discount on bonds payable $200

Cr Bond interest payable $23,000

4. February 28, 2022

Dr Bond interest payable $23,000

Dr Bond interest expense $11,600

Cr Discount on bonds payable $100

Cr Cash $34,500

Explanation:

1. Preparation of the journal entry to record the issuance of the bonds by Stratford Lighting on March 1, 2021

Dr Cash $678,000

Dr Discount on bonds payable $12,000

($690,000-$678,000)

Cr Bonds payable $690,000

(Being to record issuance of the bonds is recorded)

2. Preparation of the journal entry to record interest on August 31, 2021

Dr Bond interest expense $34,800

Cr Discount on bonds payable $ 300 ($12,000/20*6/12 )

Cr Cash $34,500

($690,000 × 10% × 6/12)

(Being to record interest )

3. Preparation of the journal entry to accrue interest on December 31, 2021.

Dr Bond interest expense $23,200

($23,000+$200)

Cr Discount on bonds payable $200

($12,000/20 × 4 /12)

Cr Bond interest payable $23,000

($690,000* 10%× 4/12)

(Being to record accrue interest is recorded)

4. Preparation of the journal entry to record interest on February 28, 2022

Dr Bond interest payable $23,000

($690,000* 10%× 4/12)

Dr Bond interest expense $11,600

[($34,500+$100)-$23,000]

Cr Discount on bonds payable $100

($12,000/20*2/12)

Cr Cash $34,500

($690,000 × 10% × 6/12)

(Being to record interest is recorded)

Cost-volume-profit (CVP) analysis is a cost accounting method that examines the effects of changes in costs, volume, and prices on a company's operating profit.  This analysis relies on certain assumptions, and the question asks for at least four of these assumptions.

The four assumptions of cost-volume-profit (CVP) analysis are as follows:

1. Sales mix remains constant: CVP analysis assumes that the proportion of different products or services sold remains constant over the analyzed period.  This assumption allows for simplified analysis and calculation of average unit selling prices and contribution margins.

2. Fixed costs remain constant: CVP analysis assumes that fixed costs remain unchanged within the relevant range of activity.  Fixed costs are assumed to be independent of the level of production or sales volume.

3. Variable costs remain constant per unit: CVP analysis assumes that variable costs per unit remain constant within the relevant range. This assumption allows for straightforward calculations of contribution margins and breakeven points.

4. The behavior of costs and revenue is linear: CVP analysis assumes that costs and revenues behave linearly over the relevant range of activity.  This implies that the relationship between costs, volume, and profit remains consistent, allowing for easier analysis and planning.

These assumptions provide a simplified framework for conducting CVP analysis and allow businesses to make informed decisions regarding pricing strategies, production levels, and profitability projections. However, it's important to note that these assumptions may not hold true in every real-world scenario, and adjustments or further analysis may be necessary to account for more complex situations.

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The law that prohibits discrimination against federal government employees with disabilities is:D. The Rehabilitation Act of 1973.

The Rehabilitation Act of 1973 is a federal law that prohibits discrimination against individuals with disabilities in programs or activities conducted by federal agencies, as well as by employers that receive federal financial assistance. The law also requires federal agencies to take affirmative action to employ and advance individuals with disabilities, and to provide reasonable accommodations to enable them to perform their job duties.

Therefore, this law specifically prohibits discrimination against federal government employees with disabilities, and ensures that they are afforded equal employment opportunities and protections under the law.

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A market economy is not based on A vote. below you can learn more about Market Economy.

A market economy is an economic system where production and prices are determined by competition between privately owned businesses.

Other forms of Economic system include

A command economy is that in which the government at the center controls the factors of production and determines the output levels.

A mixed economic system is that in which the Private individuals control the means of production under the leadership of the government.

Therefore in a market economy, the factors of production are not controlled by a vote.

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Bounded Rationality: Mark chooses a laptop after researching it for hours and then purchases it.

Risk aversion is the propensity of people to choose outcomes with low uncertainty over those with high uncertainty, even when the average consequence of the latter is equal to or greater in monetary worth than the more definite event. This tendency is shown in both economics and finance.

The investor who favours capital preservation above the possibility of earning a higher-than-average return is referred to as risk-averse. Degrees of risk aversion are determined by the incremental marginal return an investor needs to tolerate more risk, in accordance with modern portfolio theory (MPT).

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Employment Effects: The video may explain how COVID-19 has significantly impacted the job market. It may discuss widespread layoffs, furloughs, and business closures due to economic downturns caused by the pandemic.

Changes in employment laws and regulations, such as remote work policies and health and safety protocols, may also be explored.

Immigration Consequences: The video may highlight how the pandemic has affected immigration laws and policies. It may discuss travel restrictions, border closures, and visa processing delays or suspensions implemented to control the spread of the virus.

The video might also cover how immigrants faced challenges in maintaining legal status, obtaining work permits, or fulfilling visa requirements.

Government Responses: The video may shed light on the actions taken by governments to address the employment and immigration issues caused by COVID-19.

This could include the implementation of stimulus packages, financial support for businesses, and temporary relaxation of certain regulations to mitigate the economic impact on both employees and employers.

Overall, the video likely explores the various ways in which COVID-19 has impacted employment and immigration laws, providing insights into the challenges faced by individuals, businesses, and governments during these uncertain times.

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Based on current workplace trends, a faster communication time is needed to succeed so this is True.

The modern workplace is characterized by faster processes and the need to stay ahead of competitors.

As a result, it is required that communication response times should be faster in order to be successful.

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Answer:

A contract.

Explanation:

To calculate the future value of your investment in a Roth IRA, we can use the formula for the future value of an ordinary annuity.

1. Investing $5,200 at the end of each year for 47 years at an 8% interest rate compounded annually:

Future Value = Payment × [(1 + Interest Rate)^Number of Periods - 1] / Interest Rate

Future Value = $5,200 × [(1 + 0.08)^47 - 1] / 0.08

Calculating this using a financial calculator or spreadsheet, the future value of your investment after 47 years would be approximately $2,017,529.74.

2. Waiting 10 years before beginning to save and making 37 payments into your retirement account:

In this scenario, you will have 37 years of investment instead of 47.

Future Value = $5,200 × [(1 + 0.08)^37 - 1] / 0.08

Using the same calculation, the future value of your investment after 37 years would be approximately $1,050,288.18.

Explanation:

For the first scenario, you are investing $5,200 per year for 47 years, taking advantage of the power of compounding. The formula for the future value of an ordinary annuity allows us to calculate the accumulated amount based on the payment, interest rate, and the number of periods.

In the second scenario, you delay your savings for 10 years, resulting in a shorter investment period of 37 years. As a result, the future value of your investment is lower compared to the first scenario because you have fewer years to contribute and benefit from compounding growth.

It's important to note that these calculations assume a constant annual contribution of $5,200 and an 8% interest rate compounded annually. Real-world investment returns may vary, and it's recommended to consult with a financial advisor for personalized advice based on your specific circumstances.

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Answer: yes

Explanation:

The right answer on edge is: I need to change my budget so that I save at least $300 per month. Over twelve months, this will increase my savings by $3,600. I also need to change my budget to save for a new computer, so I need to save an extra $100 a month for that. In total, I need to save $400 a month.

Answer:

The right answer on edge is: I need to change my budget so that I save at least $300 per month. Over twelve months, this will increase my savings by $3,600. I also need to change my budget to save for a new computer, so I need to save an extra $100 a month for that. In total, I need to save $400 a month.

Explanation: I just did the test an got a 100

To achieve effective control over fixed asset additions, a company should establish activities that require: authorization and approval of major fixed asset additions. This option is answer D.

Authorization and approval of major fixed asset additions is essential for effective control over fixed asset additions in a company. The control is necessary to ensure that the purchase of fixed assets is done only for the benefit of the business.

It is also necessary to avoid wastage and ensure that the funds are put into optimal use. Authorization and approval of major fixed asset additions help ensure that the funds are put to the right use in the company.

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Complete question:

To achieve effective control over fixed asset additions, a company should establish activities that require:

A. Capitalization of the cost of fixed asset additions in excess of a specific dollar amount.

B.Performance of recurring fixed asset maintenance work solely by maintenance departmentemployees.

C. Any fixed asset additions that are not used in the business to be classified as investments.

D. Authorization and approval of major fixed asset additions.

After the needle is inserted and blood begins to flow during the venipuncture procedure, the phlebotomist should confirm the blood flow, stabilize the needle, and collect the required amount of blood.

During the venipuncture procedure, after the needle is inserted and blood begins to flow, the phlebotomist should take the following steps:

1. Confirm proper blood flow: The phlebotomist should visually verify that blood is flowing steadily into the collection tube or syringe. This ensures that the needle is properly positioned within the vein and that the desired blood sample is being obtained.

2. Stabilize the needle: Once blood flow is confirmed, the phlebotomist should hold the needle steady to prevent it from moving or dislodging. This helps maintain the integrity of the needle's position and minimizes any discomfort for the patient.

3. Collect the required amount of blood: The phlebotomist should continue collecting blood until the desired volume has been obtained. This is typically indicated by the fill lines on the collection tube or the volume specified in the requisition form.

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These investments are commonly used when a business has a short-term excess of funds on which it wants to earn interest, but which will be needed to fund operations within the near future. These types of investments are usually very safe, but also have quite a low rate of return.

Answer:

The correct statement will be "Not give Leo the money since Leo is not vested".

Explanation:

Leo requires 50,000 dollars. He reaches the urban environment instead of accepting a mortgage as well as demands for the amount owed including its gain that would accumulate to him following his brother's passing.

The remaining amount through Life insurance policies can only be compensated on Simon's death and nobody even, particularly Simon and his brother Leo, seems to have the authority to charge any compensation payout against that kind of policies especially given the fact that almost all the contributions have been compensated.

So the above is the right approach.

The marginal cost and find the minimum marginal cost, produce 1000 MP3 players with a minimum marginal cost of $1200.

The problem states that the marginal cost function, denoted as C(x), is given by C(x) = -1200000/\(x^2\), where x represents the number of MP3 players produced. The goal is to determine the number of players to be produced to minimize the marginal cost and find the minimum marginal cost itself.

To find the minimum marginal cost, we need to take the derivative of the marginal cost function concerning x and set it equal to zero. This will give us the critical points where the marginal cost is either minimized or maximized. We are interested in the minimum.

Let's differentiate the marginal cost function:

C'(x) = d/dx (-1200000/\(x^2\))

      = 1200000 x 2/\(x^3\)

      = 2400000/\(x^3\)

Setting C'(x) = 0, we have:

2400000/\(x^3\) = 0

This equation has no solutions since a nonzero number cannot equal zero. Therefore, there are no critical points in the domain that make the derivative equal to zero. However, we can note that the marginal cost function is always negative (as the numerator is a negative constant), which implies that the marginal cost always decreases as x increases.

Now, we need to determine the number of players that should be produced to minimize the marginal cost. Since the marginal cost is always decreasing, we want to produce enough players to bring the marginal cost as close to zero as possible. Producing a thousand MP3 players (x = 1000) would yield the lowest possible marginal cost.

Hence, the answer is that a thousand MP3 players should be produced, and the minimum marginal cost is $1200.

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The best recommendation for an older female customer in the lowest tax bracket seeking asset growth for retirement would be d. index fund. This option offers diversification, lower fees, and a historical track record of steady growth, making it a suitable choice for her investment needs.

The best recommendation for an older female customer in the lowest tax bracket who wants an investment that will provide asset growth for retirement would be an index fund. This is because index funds have low fees, are diversified, and historically have provided consistent returns over the long term. Additionally, as the customer is in the lowest tax bracket, a municipal bond may not provide the same level of return as an index fund. A single stock and an emerging markets fund may be too risky for a retirement investment strategy.

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Answer:

B) The price of the Toyota Camry falls due to an increase in demand.

Explanation:

Based on this scenario the most likely cause of this would be that the price of the Toyota Camry falls due to an increase in demand. That is because Post Purchase Dissonance is when the customer's state of the mind and perception is quite uneasy after having purchased a specific product or service. Which in this scenario, if the price of Toyota falls after Alice already purchased the Honda, she would begin getting sad knowing that she could have saved a lot of money if she had just waited a little bit and bought the Toyota at a much cheaper price.

Answer:

B or C, probably B

Explanation:

Closing entries can be defined as a journal entries used to prepare temporary accounts for a new fiscal period. At the end of each fiscal period, the temporary account balances must be reduced to zero.

In economic and accounting, A journal entry generally can be defined as a record of a business transaction in your business books. A journal entry is an important things through the business transactions, it is because a transaction can create a lot of changes in a business, a bookkeeper tracks them all with journal entries. In the journal entries, there is closing entries that can be defined as a journal entry that is made at the end of an accounting period to transfer balances from a temporary account to a permanent account.

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Answer:

That's how it works

According to the question of equation, the first statement is true. The second statement is false. The third statement is false. The fourth statement is true. The fifth statement is false.

Equation is a mathematical statement that expresses the equality of two expressions by using symbols. It typically consists of an equal sign and two expressions or terms that are linked by the equal sign. These expressions or terms can contain numbers, variables, constants, and mathematical operations such as addition, subtraction, multiplication, and division. Equations are used to describe physical phenomena and solve problems.

The radius of the circle is 3 units because the equation can be rearranged to (x – 1)² + y² = 3, which is the standard form of a circle. The center of the circle lies at the point (1, 0) and does not lie on the x-axis. The center of the circle lies at the point (1, 0) and does not lie on the y-axis. The standard form of the equation is (x – 1)² + y² = 3. The radius of this circle is 3 units, while the radius of the circle whose equation is x² + y² = 9 is 3√2 units, which is not the same as 3.

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this would have the result of a weakening in the value of the dollar.

If the central banks of the world chose to diversify their foreign-exchane reserves away from the dollar and into the euro, this would have the result of a weakening in the value of the dollar. This is because a decrease in demand for the dollar would lead to a decrease in its value relative to other currencies, such as the euro.

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Game theory is particularly useful in understanding the behavior of firms in oligopolistic markets and has been applied to a range of industries, including airlines, telecommunications, and energy, among others.

Game theory is a tool for analyzing strategic decision-making and assessing outcomes in strategic situations where multiple decision-makers are involved. It provides a structure for assessing the choices made by players in these scenarios and predicting their outcomes. The market has a large number of buyers and sellers who transact in goods or services that are perfect substitutes for each other. In such an environment, each firm takes the market price as given and produces its output to maximize profit.In such a case, game theory is not valid for analyzing organizational strategy. Since the players are not differentiated, they have no incentive to change their behavior.

In conclusion, game theory cannot be applied to the analysis of organizational strategy in perfectly competitive markets as it assumes strategic interaction and interdependence between players, which does not exist in such markets.

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No, they can't

They can't call you before 8 am

and they also can't call you after 9 pm

Amazon is using the "location" component of its "facilities" decisions in choosing its store locations by strategically placing its facilities in areas that have a high demand for its products and services. This allows Amazon to efficiently distribute its products to customers and reduce shipping costs.

One of the key factors that Amazon considers when choosing a store location is the proximity to its customers. By placing its facilities in areas with a large customer base, Amazon is able to quickly and efficiently deliver products to its customers. This is particularly important for Amazon Prime customers, who expect fast and reliable delivery.

Another important factor that Amazon considers is the availability of transportation infrastructure, such as highways and airports. By locating its facilities in areas with good transportation infrastructure, Amazon is able to quickly and efficiently move products from its warehouses to its customers.

In conclusion, Amazon is using the "ubicación" component of its "facilities" decisions in choosing its store locations to efficiently distribute its products and reduce shipping costs. This is done by strategically placing its facilities in areas with a high demand for its products and services, and in areas with good transportation infrastructure.

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These errors need to be corrected to ensure the accuracy of the financial statements. An adjustment of $6,000 needs to be made to increase the inventory balance at the end of 2022, an adjustment of $9,000 needs to be made to decrease the inventory balance at the end of 2023, and a journal entry needs to be made to record the inventory purchase of $3,000 in 2023.

Here's a step-by-step explanation to address the errors you've mentioned:

1. Inventory at December 31, 2022, was understated by $6,000:
To correct this error, you need to increase the inventory balance at December 31, 2022, by $6,000. This will also require an adjustment to the retained earnings balance for 2022.

2. Inventory at December 31, 2023, was overstated by $9,000:
To correct this error, you need to decrease the inventory balance at December 31, 2023, by $9,000. This will also require an adjustment to the retained earnings balance for 2023.

3. Inventory purchased for $3,000 on December 31, 2023, was not recorded until paid for in 2024:
To correct this error, you need to record the inventory purchase in the 2023 financial statements. You should debit inventory and credit accounts payable for $3,000 on December 31, 2023. Then, when the payment is made in 2024, you should debit accounts payable and credit cash for $3,000.

By following these steps, you can correct the errors related to the 2022 and 2023 financial statements for the Radiance Company.

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Answer:

Got it right on Edge!

Explanation:

Promoting the best use of land and resources and developing plans for growth and renewal are the tasks performed by Urban and Regional Planners.

Among other areas of interest, urban and regional planners may choose to specialise in topics like transportation planning, community development, historic preservation, or urban design. Public servants, civil and environmental engineers, architects, attorneys, and real estate developers are all common collaborators with planners.

Urban and regional planners design land use plans and policies that support the development of communities, population growth, and the renewal of physical infrastructure.

Therefore, the tasks that Urban and Regional Planners perform are promoting the best use of land and resources developing plans for growth and renewal.

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It is false that a shield icon warns users if they attempt to access any feature that requires UAC permission.

A shield icon is displayed in Windows when a user attempts to run an application that requires administrator privileges, and it is not a warning that appears when a user tries to access any feature that requires UAC (User Account Control) permission. UAC is a security feature in Windows that helps prevent unauthorized changes to the system by notifying users when an application attempts to make changes that require administrator-level permission. When a user clicks on a feature that requires UAC permission, they will see a dialog box that asks for confirmation before proceeding. If the user is an administrator, they can approve the action by clicking on the "Yes" button. However, if the user is not an administrator, they will need to enter the credentials of an administrator to proceed. The UAC prompt does not display a shield icon, but rather a blue and yellow shield logo.

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Answer:

We can more easily obtain products from all over the world. Channels of distribution allow consumers, industrial users, producers, and other channel intermediaries to save time and money. They also allow us to more easily obtain products from all over the world, since we do not have to travel and search for each individual item we wish to purchase.