The depreciation expense for 2021 using the double-declining-balance method is $15,600.
Cost of van = $44,000
Time period = 5 years
estimated residual value = $5,000
To calculate the depreciation expense for 2021 using the double-declining-balance method,
Depreciation rate = 2 / Useful life in years
Depreciation rate = 2 / 5
Depreciation rate = 40%
The first-year depreciation expense is calculated as:
Depreciation expense = Depreciation rate x (Cost - Salvage value)
Depreciation expense for 2021 = 0.4 x ($44,000 - $5,000)
Depreciation expense for 2021 = 0.4 x $39,000
Depreciation expense for 2021 = $15,600
Therefore, we can conclude that the depreciation expense for 2021 using the double-declining-balance method is $15,600.
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Richard’s annual college expenses are expected to total $17,745. He will receive $5,320 in grants. How much will Richard need to contribute to his annual college expenses?
$11,425
$11,465
$12,425
$12,465
Answer:
$12,425
Explanation:
Richard we will contribute the difference between the expected annual expenses and the grant.
Expected expenses = $17,745
Grants, $5,320
Richard Contribution :
=$17,745 - $5,320
=$12,425
Answer:
the answer is C. 12,425
Explanation:
two farmers agree that pigs are worth $\$300$ and that goats are worth $\$210$. when one farmer owes the other money, he pays the debt in pigs or goats, with ``change'' received in the form of goats or pigs as necessary. (for example, a $\$390$ debt could be paid with two pigs, with one goat received in change.) what is the amount of the smallest positive debt that can be resolved in this way?
Pigs are valued at $300, and goats are valued at $210, according to two farmers. A farmer will trade pigs or goats for money owed to him by another farmer.
Do you trust farmers?
The cultivation of living things for food or raw resources is the work of an agriculturalist. Those that cultivate various field crops, orchards, vineyards, poultry, or other livestock are often referred to by this moniker. In addition to working as a labourer on property that is owned by others, a farmer may also be the land's owner. Despite differences in degrees and ranks, the level of faith in farmers can be shown in every survey. Another piece of proof for this was provided by a recent survey conducted by the American Farm Bureau, which showed that 88% of Americans have faith in farmers.
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Purchasing, sales, and merchandising are all related careers. What do they have
in common?
Explanation:
They all have a cycle, and have something to do with money. The merchandisers promote the items, people sell them , and purchasers buy them. Simple.
Answer:
i agree with her/him They all have a cycle, and have something to do with money. The merchandisers promote the items, people sell them , and purchasers buy them.
Explanation:
All financial statements are important, but most managers tend to have one that they look to first. If you were a potential contributor or investor looking at the financial statements of a local regional medical center, which document would you start with? Explain why.
While other financial statements like the Balance Sheet and Cash Flow Statement are important for a comprehensive analysis of the medical center's financial position and cash flow, the Income Statement is a starting point that provides a clear picture of the medical center's revenue, expenses, and profitability.
If I were a potential contributor or investor looking at the financial statements of a local regional medical center, the document I would start with is the Income Statement, also known as the Statement of Operations or Profit and Loss Statement.
The Income Statement provides a summary of the medical center's revenues, expenses, and net income (or loss) over a specific period, typically on an annual or quarterly basis. Here's why I would choose to start with the Income Statement:
1. Overall Financial Performance: The Income Statement gives an immediate snapshot of the medical center's financial performance. It shows whether the medical center is generating a profit or incurring a loss. By looking at the net income (or loss), I can assess the financial health and profitability of the medical center.
2. Revenue Breakdown: The Income Statement breaks down the medical center's revenue sources. This allows me to understand the composition of the revenue streams, such as patient services, insurance reimbursements, government funding, or other sources. Evaluating the revenue mix helps me gauge the diversity and stability of the medical center's income sources.
3. Expense Analysis: The Income Statement provides a breakdown of various expense categories, such as personnel costs, supplies, facility expenses, and administrative costs. Analyzing the expense structure allows me to understand the medical center's cost management and efficiency. It helps identify areas of potential cost reduction or areas where expenditures may be increasing disproportionately.
4. Profitability Ratios: Using the information from the Income Statement, I can calculate key profitability ratios such as gross profit margin and net profit margin. These ratios provide insights into the medical center's ability to generate profits from its operations, allowing me to compare its financial performance with industry benchmarks or similar healthcare organizations.
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An HR manager solves a paperwork snag involving an employee’s paycheck. compensationand benefit, True or False?
True, An HR manager solves a paperwork snag involving an employee’s paycheck.
What part does HR play in benefits?
According to SHRM, one of the key roles of human resources is to inform employees about the various kinds of employee benefits, including leave of absence policies, employee support programs, and worker's compensation benefits.
Managers of human resources offer discreet advice to employees who require personal support.
What potential facets of employee benefits might an HR manager oversee?
Managers of human resources are frequently charged with overseeing wages and benefits for employees.
In order to provide effective leadership within the HR division, insurance plans must be negotiated, payments must be made on time, and employee benefit packages must be improved and developed.
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What is insurance and premium
c) suppose the federal government decides to impose a price floor of $30 per crate. now how many crates of kumquats will consumers purchase? how much revenue will kumquat producers receive? assume that the government does not purchase any surplus kumquats. on your graph from part (a), show the price floor, and the change in the quantity of kumquats purchased.
If the government imposes a price floor of $30 per crate, then consumers will purchase the market equilibrium quantity of 500 crates, as this is the quantity at which the market price and the price floor are equal.
Kumquat producers will receive revenue of $15,000, as this is the quantity multiplied by the price.
On your graph from part (a), the price floor would be represented by a horizontal line at $30. The quantity purchased would remain at 500 crates.
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The key account management structure uses Blank______ to focus on important customers in order to build mutually beneficial, long-term cooperative relationships. Multiple choice question.
The key account management structure uses a targeted approach to focus on important customers, in order to build mutually beneficial, long-term cooperative relationships.
How it work?This involves utilizing a range of strategies and techniques, such as personalized attention, regular communication, tailored solutions, and ongoing support.
The ultimate goal is to establish a deep understanding of the customer's needs, preferences, and goals, and to develop customized solutions that address these specific requirements. By focusing on key accounts, organizations can maximize their revenue potential, while also building strong and enduring relationships that foster loyalty and trust.
Ultimately, this approach can lead to improved customer satisfaction, increased retention rates, and long-term profitability.
Hence, the answer to the blank is targeted approach.
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Making a home inventory (select all that apply)
Question 3 options:
A: will decrease your premium by 5%.
B: will help you get your claim settled faster.
C: will help you to determine how much liability coverage to purchase.
D: will help you to determine how much personal property coverage to purchase.
A : wil dercease your premium by 5% and if my answer is nice like and thanks!!!!!!!
which one of these indicates that a firm is efficient? group of answer choices a high average collection period a high days' sales in inventories a low asset turnover a high inventory turnover
A high inventory turnover indicates that a firm is efficient.
Inventory turnover is a measure of how many times a company's inventory is sold and replaced over a given period, usually a year. A high inventory turnover means that the company is selling and replacing its inventory quickly, which is a sign of efficiency. A low inventory turnover, on the other hand, could indicate that the company is having difficulty selling its inventory, which could lead to excess stock and waste. A high average collection period, high days' sales in inventory, and low asset turnover, while they may have some impact on a company's financial performance, are not necessarily indicators of efficiency.
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list one career cluster and three career pathways related to this cluster
Answer:
Business Management & Administration: General Management pathway: general manager: Walmart.
Business Management & Administration: Business Information Management pathway: IT manager: Walmart.
Business Management & Administration: Human Resources Management pathway: HR director: Meijers.
Business Management & Administration: Operation Management pathway: Operations manager: Meijers.
Business Management & Administration: Administrative Support pathway: Administrative assistant: Kroger.
Finance: Securities & Investments pathway: Bank teller: Huntington.
Finance: Business Finance pathway: accountant: Kroger.
Finance: Accounting pathway: auditor: H&R Block.
Finance: Insurance pathay: insurance claim agent: Amica.
Finance: Banking Services pathways: bank teller: Huntington.
Marketing: Marketing Management pathway: forecast manager: Adidas.
Marketing: Professional Sales pathway: salesperson: Adidas.
Marketing: Merchandising pathway: Sales Promotion manager: Walmart.
Marketing: Marketing Communications pathway: Advertising manager: Adidas.
Marketing: Marketing Research pathway: product planner: Nikes.
Explanation:
Business management and administration can be one of the career clusters.
What is a career?You maintain the same line of employment when you have a career. A profession can consist of one or several jobs. You may work for a single corporation or several. A career education, experience, and professional experience. A career is often referred to as a "career path."
One of the career clusters is a business management and administration.
Three paths to careers in this cluster
Management of corporate information will help them to become managers and know how to handle people.Management, in general, will help in smooth working. Human resource administration will make sure that the relationship between the employee and the employer is working smoothly.Learn more about career, Here:
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What term is used to describe something that prevents a listener from understanding a message?
Which of the following jobs in aviation would
involve flying rescue personnel into a
hazardous situation, such as a fire?
A. air traffic controller
B. helicopter pilot
C. commercial aircraft pilot
D. private aircraft pilot
Answer:
d
Explanation:
Since the card has $0 minimum payments for the first 4 years it is active, emma wonders how much it will cost her if she doesn't pay off the $300 balance until after college. How much will she owe in 4 years? type the correct response in the box. Use numerals instead of words. Round your answer to the nearest dollar.
Option 4 is Correct. Emma will have $544.61 in credit card debt after four years.
Emma wonders how much it will cost her if she waits to pay off the $300 balance until she graduates from college given that the card has $0 minimum payments for the first four years it is active. In four years, how much will she owe? In the box, type the appropriate response. Use numbers rather than words. Answers should be rounded to the closest dollar.
The following is the model for Emma's debt in 4 years:
FV = P(1+r/n)^nt,
where:
P = principal ($300)
r = the interest rate (15%)
t = the time in years (4 years)
n = the number of interest per year (12)
Data and Calculations:
N (# of periods) = 48 (4 x 12 months)
I/Y (Interest per year) = 15%
PV (Present Value) = $300
PMT (Periodic Payment) = $0
P/Y (# of periods per year) = 12
C/Y (# of times interest compound per year) = 12
Results:
FV = $544.61
Total Interest = $244.61
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Complete Question:
Emma doesn't have experience using credit cards. In fact, she just got her first one. She is also about to start her first year of college. She uses her new credit card to purchase textbooks for her classes. The total comes to $300. These are the terms of her credit card:
1. It has a 15% annual interest rate.
2. The interest is compounded monthly.
3. The card has $0 minimum payments for the first four years it is active.
4. Thus, in 4 years, Emma will owe $544.61 to the credit card company.
To be eligible for federal grants to pay for college, a student must _____.
(PLATO CORRECT ANSWER ONLY)
A. attend either a public university or community college
B. complete one year of college in good standing
C. complete the FAFSA before the deadline
D. be able to pay more than half the tuition
What are possible red flags or signs of a scam when buying a car?.
cinc acquired 100% of S Manufacturing on January 2, 2020. During 2020, C Inc. sold S Manufacturing $640,000 of goods, which had cost $450,000. S Manufacturing still owned 18% of the goods at the end of the year. In 2021. C Inc. sold goods with a cost of $820,000 to S Manufacturing for $1,000,000, and S Manufacturing still owned 15% of the goods at year-end. For 2021. the cost of goods sold totaled $5,800,000 for Inc and $1,300,000 for S Manufacturing. What was consolidated cost of goods sold for 2021? Multiple Choice a. $6.092.800 b. $6,107,200 c. $6,038,800 d. $7100,000 e. D $6.100.000
The consolidated cost of goods sold for 2021 is $7,100,000.
How to calculate the cost of goods soldTo calculate the consolidated cost of goods sold for 2021, we need to combine the cost of goods sold for C Inc. and S Manufacturing. Here's how we can calculate it:
C Inc.'s cost of goods sold for 2021: $5,800,000
S Manufacturing's cost of goods sold for 2021: $1,300,000
Consolidated cost of goods sold = C Inc.'s cost of goods sold + S Manufacturing's cost of goods sold
Consolidated cost of goods sold
= $5,800,000 + $1,300,000
= $7,100,000
Therefore, the consolidated cost of goods sold for 2021 is $7,100,000.
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how is revenue calculated from ticket sales
Answer:
Total revenue from ticket = Cost of one ticket x Total number of thing
Explanation:
Total revenue = Cost of one thing x Total number of thing
Assume
Cost of one ticket = A
Total number of thing = B
Total revenue from ticket = Cost of one ticket x Total number of thing
Total revenue from ticket = A x B
Total revenue from ticket = AB
opportunity cost refers to how many inputs a producer requires to produce a good. (True or False)
The correct response is A. Real opportunity cost is the number of inputs needed by a producer to make a good.
What is a producer's main responsibility?A movie, music record, stage production, or television show's business and finances are managed by producers, often known as film producers. The employment of production personnel, such as directors, crew members, and cast members, creating the production budget, and acquiring intellectual property rights are among their primary responsibilities.
A producer's biology is what?A: Photosynthesizing creatures are the producers. Any form of green plant is a producer. By absorbing sunlight and applying the energy to create sugar, green plants produce their food. This sugar, also known as glucose, is used by the plant to produce a variety of materials, including wood, needles, roots, and bark.
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What should investors consider when planning for their retirement? Check all that apply. -the amount an employer will match for a 401(k) -the contributions an employer will make to an IRA -the ideal age to establish a particular retirement plan -the amount an investor is allowed to contribute annually -the tax laws and breaks related to different retirement plans -the amount that can be withdrawn early without getting taxed
In a 401k the employer usually matches a percentage and if you are lucky dollar for dollar, where in an IRA it is does an an extra option with a set amount of money usually 2500 or more for each IRA contribution.
Correct option is A, C, D and E.
1. The amount an employer will match for a 401(k):- you don't have to forget when you will need the money, retirement is years away, but you have to know what choices will make it worth by the time you need the money back. And it is also important to know really how much you can invest. When you have a large amount more options are available. But using a variety of investments will reduce the risk.
3. The ideal age to establish a particular retirement plan:- that will set you up for the plan you need. Below 50 or older.
4. The amount an investor is allowed to contribute annually, the federal law allows a maximum contribution for participants older than 50.
5. The tax laws and breaks related to different retirement plans:- retirement plans can often give you tax benefits in the present it depends to the one you choose. For example, the payment of the tax on the money deposited in a traditional 401 (k) plan can be delayed until the money is withdrawn from the account.
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Answer:
A,C,D,E
Explanation:
I did it and this was correct.
As a factor of production, what is capital?
A. an industrial good
B. the natural resources used to create a product
C. the entrepreneur who sees how to make something useful
D. the tangible products made by labor
Answer:
Option "D" is the correct answer.
Explanation:
Labor produces tangible goods, which are referred to as capital. There are production-related man-made items such as machinery, vehicles, and chemicals. That is what sets them apart from commercial products.
Fido wants to buy a new car. He will need to get a car loan. Fido decides to wait for few months until his credit
history improves. Which explains whether Fido is making a sensible decision?
O Fido's decision is sensible because the selling price of the car should be less in a few months.
• Fido's decision is sensible because the cost of the of car loan should be less if his credit history improves.
O Fido's decision is not sensible because he needs the car right away.
• Fido's decision is not sensible because it does not matter if he buys the car now or in a few months.
Fido's decision is sensible because the cost of the of car loan should be less if his credit history improves.
What should you do if this is your first time financing a car?Calculate the payment you can afford.
Learn what factors affect loan acceptance.
Pre-approve for a loan and compare rates.
Do some research before purchasing an automobile.
Get ready for the dealer.
What kind of credit has easy access?Very short-term loans with typically very high interest rates are referred to as easy access credit. It's a polite way of stating title loans, payday loans, or transactions at pawn shops.
What contributes to the development of a bad credit history?Pay less than the bare minimum.
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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.
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.
The first insurance company in the United States was
The first insurance company in the United States was the Philadelphia Contribution ship for the Insurance of Houses from Loss by Fire, founded in 1752 by Benjamin Franklin and his associates.
The company was established in response to the frequent and devastating fires that occurred in colonial Philadelphia. Details are as follows:
Founding: The Philadelphia Contribution ship was founded on February 13, 1752, with a mission to provide financial protection to homeowners in the event of fire-related losses.
Structure: The company operated as a mutual insurance company, meaning it was owned by its policyholders rather than external shareholders. Policyholders shared the risk collectively and contributed to a common fund to cover losses.
Fire Insurance: The primary focus of the Contributions hip was fire insurance. It offered policies to homeowners to protect their houses, buildings, and other property from fire-related risks.
Premiums and Policies: Policyholders paid premiums to the company based on the value of their insured property. In return, they received a policy that detailed the terms and conditions of their coverage.
Growth and Legacy: The Philadelphia Contribution ship played a significant role in shaping the insurance industry in the United States. It set a precedent for the establishment of other insurance companies across the country.
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You are using earned value analysis to track your project's progress. In your project, earned value is higher than planned value and actual value. That means the project is _____ schedule and _____ budget.
Answer: ahead of; under.
Explanation:
The Planned Value is the amount of money that is being allocated to complete a project. The Earned Value is the amount of work that the project has been able to achieve in reference to the original amount that was actually planned for the project.
Since we are told that the earned value is higher than planned value, it means that the project has been able to achieve a value that is more than the actual value planned for that period, therefore, the project is ahead of schedule.
Also, when the earned value is higher than actual value, it means that the project has been able to spend a lower amount for a certain amount of work than the amount that was budgeted for similar work, therefore we say it is under budget.
How easy is it to secure a job?
Answer:
Depending on your skills, it can be easy or hard to secure a job! If your hard working and fulfilling any commitment it should be easy! :)
Explanation:
Hope this helps! :)
Answer:
It depends on what job it is and the requirements that it requires. It can also depend on the experience you have. If you have a lot of experience then it could be easier to get a job.
Hope this helps have a great day.:)
Liquid assets include your:a. money market deposit account.b. 10-year Treasury bond.c. 3-year certificate of deposit purchased in the current financial year.d. Series EE U.S. savings bond.e. I bonds.
Liquid assets are those that can be easily converted into cash without significant loss of value. Based on this definition, the liquid assets among the options provided would be:
a. Money market deposit account - These accounts are highly liquid and allow for frequent withdrawals, making them a good option for short-term savings and emergency funds.
c. 3-year certificate of deposit purchased in the current financial year - While CDs are generally less liquid than other types of accounts, a 3-year term is relatively short and may still allow for early withdrawal with some penalty.
d. Series EE U.S. savings bond - Savings bonds can be redeemed before maturity, although there may be a penalty for early withdrawal.
e. I bonds - Similar to savings bonds, I bonds can be redeemed before maturity, although there may be a penalty for early withdrawal.
The 10-year Treasury bond is not a liquid asset, as it cannot be easily converted into cash without significant loss of value.
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jason manages credit and collections at barkatorium pet supplies. he is responsible for accounts receivable and accounts payable. these activities suggest that jason's job is in financial management.
False. Jason manages credit and collections at barkatorium pet supplies. he is responsible for accounts receivable and accounts payable. these activities suggest that jason's job is in financial management.
While Jason's role at Barkatorium Pet Supplies involves managing credit and collections, as well as handling accounts receivable and accounts payable, it does not necessarily indicate that his job is in financial management. Financial management typically refers to roles that involve overseeing the overall financial operations and strategies of an organization, including financial planning, budgeting, investment decisions, and financial analysis. While credit and collections are related to financial activities, they are more specific to managing the creditworthiness of customers and ensuring timely payments. Jason's role may fall under credit management or accounts receivable management, which are specialized functions within financial operations.
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In video case study about using powerbi in rwanda, the production of what agricultural product benefited from greater transparency in the value chain between the 200,000 famers and 160 collection points for their product?.
Milk, A sustainable supply chain must include transparent production as a key component.
What is transparency in value chain?
Having a transparent supply chain means that businesses can tell internal and external stakeholders, including customers, where and how their products are made based on trustworthy data.
Visibility: Accurately recognizing and gathering information from every supply chain connection. Disclosure: Sharing the information with the appropriate level of detail, both internally and externally.
A sustainable supply chain must include transparent production as a key component. This requires entrepreneurs to be transparent about their product sourcing, detailing the precise processes taken in the supply chain to ensure that their items get at the doorstep of their customers.
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How much training does Disney provide before allowing an employee on the grounds to interact with customers? What is the training like?
Disney is known for providing extensive training to its employees before allowing them to interact with customers on the grounds and it varies based on the role of the employee, but it typically ranges from two days to several weeks.
The training at Disney focuses on several key areas, including the company's history and values, customer service skills, communication skills, and job-specific skills.
Disney believes that every employee should be able to provide exceptional service to customers, regardless of their role in the company. Therefore, every employee is trained to understand and embody the company's values, such as excellence, respect, and innovation.
The training is typically conducted in a classroom setting, but employees also receive on-the-job training with experienced team members. Disney uses a variety of teaching methods, such as videos, role-playing, and interactive exercises, to make the training engaging and effective.
Overall, Disney's training program is designed to ensure that every employee has the knowledge, skills, and mindset necessary to create a positive and memorable experience for customers. This focus on employee training is a key factor in Disney's reputation for exceptional customer service.
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