The description of the treatment of each contingent liability, arising from the affected December transactions in the financial statements of Tripp are as follows:
1. Dec 5 transaction will be treated as h. footnoted
2. Dec 22 transaction will not be treated as b. not footnoted
3. Dec 27 transaction will be reported as e. liability and expense
4. Dec 31 transaction will be reported as g. liability and expense
Thus, contingent liabilities are disclosed if their amounts can be reasonably estimated and they are likely to occur. They are footnoted if the amounts cannot be reasonably estimated, though they are likely to occur.
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The transactions are in the attachment.
What comparison can be made between command economies and market economies?
etafset
Answer:
The difference between command economy's and market economy's is that a command economy the government controls what is produced and how it will be shared. and in a market economy people have more freedom and can make their own decisions.
Explanation:
Webster's Words has a printing press which they are not using at the present time. In fact, they have not used this equipment for two years. The equipment has no market value because it has been customized to their particular operations. They could sell the machine as scrap metal for $1,500 maximum. The press is eight years old and cost $163,000 new. The current book value is $2,100. The company is trying to decide if a new project would be a feasible means of utilizing this equipment. The value of the press that should be included in the project analysis is:
The value of the press that Webster's Words should include in the project analysis is $1,500.
The two major considerations in a project analysis are the cost of the project input and the value that the project's output will generate for the entity.
In this scenario, the current book value of the press is not relevant in the project analysis. The scrap value should be considered as it produces a value that can reduce the project's cost and not the committed or sunk cost of the old press.
Data and Calculations:
Maximum scrap value of press = $1,500
Initial cost of the press eight years ago = $163,000
Current book value = $2,100
Relevant value of the press = $1,500 (scrap value)
Thus, the value of the press in the project analysis is $1,500.
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There are four steps in solving one's personal financial challenges:
1. considering opportunity costs
2. assessing risks and returns
3. setting short- and long-term goals
4. assessing needs and wants
Which of these is the correct order of these steps?
2, 1, 3, 4
1, 2, 3, 4
4, 1, 2, 3
4, 2, 3,1
Your Company reported net sales in June of $500,000. At the beginning of June, the company reported beginning inventory of $375,000. Cost of goods purchased during June amounted to $164,500. The company reported ending inventory at the end of June of $210,500. What was the company's gross profit margin for June
If your Company reported net sales in June of $500,000. Cost of goods purchased during June amounted to $164,500. The company's gross profit margin for June is : $355,500.
Using this formula
Gross profit margin =Net sales- Cost of goods purchased
Where:
Net sales=$500,000
Cost of goods purchased=$164,500
Let plug in the formula
Gross profit margin=$500,000-$164,500
Gross profit margin=$355,500
Inconclusion if your Company reported net sales in June of $500,000. Cost of goods purchased during June amounted to $164,500. The company's gross profit margin for June is : $355,500.
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If a firm produces nothing, which of the following costs will be zero?
a. total cost
b. fixed cost
c. opportunity cost
d. variable cost
D is the answer
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The cost that will be zero if a firm produces nothing is variable cost because it is a cost that changes with level of output.
What is variable cost?Variable cost refers to the cost that vary with the level of output. This means that at every activity leve, the variable cost changes with it.
The above means that a constant amount per unit produced is the variable cost of manufacturing which implies that once the output is zero, the variable cost will be zero as well.
Hence, the cost that will be zero if a firm produces nothing is variable cost.
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state the law of demand and explain its assumptions
Answer:
The law of demand states that quantity purchased varies inversely with price.
Explanation:
The law of demand states that quantity purchased varies inversely with price.
Answer:
Law of demand explains consumer choice behavior when the price changes.
The law of demand is a fundamental principle of economics that states that at a higher price consumers will demand a lower quantity of a good.
It means while studying the relationship between the price of a commodity and demand for it, the effect of other determinants of demand on it is assumed to be constant
Explanation:
Assumptions:
-The income of the consumer or the buyer does not change
- Price of the goods remain constant
-Tastes, preferences and the fashion of the buyers does not change.
Define sociology? Types sociology?
Explanation:
Sociology is the study of social change, social life, and the social causes and effects of human behavior.
The two major types of sociology that were joined are qualitative and quantitative. Quantitative has to do with how much/ numbers while qualitative has to do with first hand research like interviews etc.
Why is competition limited in an oligopoly
Answer:
High entry costs prevent new producers from entering the market. ... Producers actively segment the market to avoid competition. High entry costs prevent new producers from entering the market.
Explanation:
Hope this helps:)
~Kisame'sAbs
Which of the following represents a parallel multi-instance task?
Many customers watching one movie.
One employee taking an order while another collects payment in a drive-through.
Two baristas working at a Starbucks counter.
One employee taking pizza orders.
Answer:
One employee taking an order while another collects payment in a drive-through
One employee taking an order while another collecting payment in a drive-through represents a parallel multi-instance task.
The answer is option B.
What is a parallel multi-instance task?Multi-instance activities are denoted via three parallel strains at the lowest center of the hobby/task image. Its cause is to expose that the activity occurs for a set of items or items.
The variety of instances that the hobby completes is defined with the aid of the number of objects that exist within the collection.
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Convert 5/8 to Decimal
Answer:
0.625
Explanation:
Answer:
0.625
Explanation:
use calculator!
Acellus: into to accounting ?
sorry I don't know this question can you explain it
3 reasons for pricing a product
Answer:
The three reasons for pricing a product are:
Achieving market share.Investments.Supply.16. A est is NOT showing ons of intoxication but a server who has been monitoring the rest is concerned about the number of drinks the quest has consumed. What should the server do in this situation?
Continue serving the guest but stop when the guests how’s signs of intoxication
Continue serve the guest because he or she can deally handle more alcohol than the average person
stop sere koho to the puest because the post may have a tolerance to alcohol
Ask the quest to leave the establishment immediately
Answer:
Some of the choices seem to have some spelling mistakes but:
The server should stop serving alcohol and if the guest becomes combative/belligerent, ask the guest to leave.
Explanation:
Signs of intoxication might not be immediate, so after a few drinks, the server should stop serving. If the man is a disturbance/combative, the server should call the police department.
There are good ways to handle quest. The server should continue serving the guest but stop when the guests show’s signs of intoxication.
There are different ways to handle an intoxicated customer in a restaurant. The best way is to offer the customer some coffee or food, as a replacement for a drink.
Do call a cab or order a ride home for the customer and never let them drive. Note that a customer may becomes angry, but be patient and escort them outside of the restaurant and call the police if it becomes more than you can handle.
Note that you should not stop serving the guest unless there is signs of intoxication as it will be very rude to do so without any signs shown by the guest.
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Rebecca Huang receives a regular salary of $2,600 a month and is paid 1/2 times the regular hourly rate for hours worked in excess of 40 per week.
a. Calculate Huang's overtime rate of pay.
22.5 overtime pay per hour
s
b. Calculate Huang's total gross weekly pay if she works 43 hours during the week.
The over time rate of pay is $22.5 overtime per hour. While the total gross pay at 43 hours is 667.5 dollars.
a. The regular salary = $2600 monthly
The annual salary = $2600 * 12
= 31200 dollars.
The weekly salary in a year
We have 52 weeks in a year
Weekly salary = 31200/52
= 600 dollars.
She works for 40 hours weekly.
Pay per hour = 600/40
= 15
The overtime pay per hour that Rebecca receives
[tex]15*1\frac{1}{2}[/tex]
= 15 * 1.5
= 22.5
Therefore Huang's overtime pay is 22.5 dollars.
b. If she works 43 hours during the week
15 dollars * 40 hours = 600 dollars
43-40 = 3 overtime hours
3 x 22.50 per hour = 67.5 dollars.
The total gross wages = 600 dollars + 67.5 dollars
= 667.5 dollars.
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how can fiscal policy solve bankruptcy
Answer: gambleing
Explanation: it workds :)
What is the economics
Em relação as Fontes de Financiamento, analise as seguintes afirmações:
I - As disponibilidades de recursos são peça-chave na análise de liquidez, ou de solvência de negócios de grande porte.
II - Cabe ao gestor financeiro, a responsabilidade de sempre procurar manter a empresa sólida financeiramente e líquida o suficiente face aos enormes desafios que as economias modernas exigem.
III - Muitas vezes, a liquidez exigirá da Alta Administração que a empresa lance mão de fontes de financiamento de forma a financiar a sua atividade por meio de capital próprio.
É correto o que se afirma em:
a.
II, apenas.
b.
II e III, apenas.
c.
III, apenas.
d.
I e II, apenas.
e.
I, apenas.
Answer:
A resposta é b) II E III APENAS
Explanation:
Suppose you know that a company’s stock currently sells for $67 per share and the required return on the stock is 12 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. If it’s the company’s policy to always maintain a constant growth rate in its dividends, what is the current dividend per share?
Answer:
the dividend per share is $3.79
Explanation:
Expected return = Dividend yield + Capital gain yield
The total return is evenly divided into the capital gain yield and dividend yield. Hence, the capital gain yield is 6% and dividend yield is 6%.
Fixed-income recipients, savers, and creditors are hurt by unanticipated inflation because inflation ______. Multiple choice question. redistributes real income away from them and toward others reduces the burden of debt is indexed redistributes real income towards them and away from others
Unanticipated inflation usually hurt the creditors, Fixed-income recipients as well as savers simply because:: inflation redistributes real income away from them and toward others
Unanticipated inflation can be regarded as kind of inflation whereby, people are not aware that there will be inflation, it caught them unaware until there is general price level increases. When this happens, alot of people will be left unprotected, especially those lenders that will be paid back with the same amount they Lent out even though there is a reduction in purchasing power.Therefore, unanticipated inflation usually caught people unaware.
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Green Co. paid $28,400 in dividends and $29,571 in interest over the past year. During the year, net working capital increased from $13,986 to $18,719. The company purchased $44,200 in fixed assets and had a depreciation expense of $17,705. During the year, the company issued $25,500 in new equity and paid off $21,700 in long-term debt. What was the company's cash flow from assets
If Green Co. paid $28,400 in dividends and $29,571 in interest over the past year. During the year, net working capital increased from $13,986 to $18,719. During the year, the company issued $25,500 in new equity and paid off $21,700 in long-term debt. What the company's cash flow from assets will be is: $48,371
First step is to calculate the cash flow to creditor
Cash flow to creditors = $21,700 + $29,571
Cash flow to creditors = $51,271
Second step is to calculate the cash flow to Stockholders
Cash flow to Stockholders =$28,400 - $25,500
Cash flow to Stockholders =$2,900
Now let determine the cash flow from assets using this formula
Cash flow from assets = Cash flow to creditors + Cash flow to stockholders
Let plug in the formula
Cash flow from assets = $51,271 + $2,900
Cash flow from assets = $48,371
Inconclusion if Green Co. paid $28,400 in dividends and $29,571 in interest over the past year. During the year, net working capital increased from $13,986 to $18,719. During the year, the company issued $25,500 in new equity and paid off $21,700 in long-term debt. What the company's cash flow from assets will be is: $48,371
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Bramble Corp. is planning to sell 200 buckets and produce 880 buckets during March. Each bucket requires 100 grams of plastic and one-half hour of direct labor. Plastic costs $ 10 per 100 grams and employees of the company are paid $ 18 per hour. Manufacturing overhead is applied at a rate of 110% of direct labor costs. Bramble has 1000 kilos of plastic in beginning inventory and wants to have 1000 kilos in ending inventory. How much is the total amount of budgeted direct labor for March
Lucas is the secretary of defense for the united states. He oversees military operations throughout the world. Lucas's position is part of the _ _ _ _ _ government
national
state
local
foreign
Answer:
This guy is a liar it's not local, it's national
Explanation:
National government represents the whole world not just a state or local is like schools and parks working for this kind of things is local government national government is different.
Lucas is the secretary of defense for the United States. He oversees military operations throughout the world. Lucas's position is part of the national government. Hence, option A is correct.
What is national government?The national government of a country is its executive branch. A nation is said to have a national government, or the central government in a unitary state, if it does not give significant power to regional divisions. A government is in charge of running the armed forces, foreign policy, the economy, and public services in addition to defining and enforcing social norms.
The national executive, or cabinet, is led by the President, who also serves as head of state. He or she is entrusted with promoting the nation's unity and interests while respecting the supremacy of the Constitution as the country's top legislation.
Thus, option A is correct.
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Demand and supply (economics)
Answer: B (second option)- The market is in equilibrium.
Explanation:
Not sure if its correct, if its not im sorry, but I got it correct on edg 2021
Explain 3 factors that change supply elasticity.
Answer:
There are numerous factors that impact the price elasticity of supply including the number of producers, spare capacity, ease of switching, ease of storage, length of production period, time period of training, factor mobility, and how costs react.
In people focus primarily on individual rights, roles, and achievements
Answer: individual
Explanation:
WellWheats, Inc. produces breakfast cereal and sells each box, or unit, for $7. The company has forecast production for the next three months as follows: July 5,000 units, August 6,000 units, September 3,500 units. Monthly manufacturing overhead is budgeted to be $20,000 plus $5 per unit produced. What is budgeted manufacturing overhead for July
Based on the information the budgeted manufacturing overhead for July is $45,000.
WellWheats, Inc. Budgeted Manufacturing Overhead for the month of July
Monthly Manufacturing Overhead $20,000
Additional manufacturing costs $25,000
(5,000 units x $5 per unit produced)
Total Budgeted Manufacturing Overhead for July $45,000
($20,000+$45,000)
Inconclusion the budgeted manufacturing overhead for July is $45,000.
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Provided travel services to group of travelers; they paid $22,500 now and will pay $4,500 later
Recording the transaction of providing travel services to the travelers, who paid $22,500 with a balance of $4,500 in the books of the Travel Services Corporation include:
Journal Entries:
Debit Cash $22,500
Debit Accounts Receivable $4,500
Credit Service Revenue $27,000
To record the provision of travel services for cash and on credit.Data Analysis:
Cash $22,500 Accounts Receivable $4,500 Service Revenue $27,000
Thus, the total service revenue recorded for this transaction is $27,000.
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1. Describe a natural monopoly and use a graph to support your answer.
2 Describe the main characteristics of a monopolistically competitive market.
Answer:
i think Monopoly Market Characteristics
Explanation:
i think The characteristics of monopoly include: (1) one firm, (2) one product, and (3) no entry (Table 5.1). The monopoly solution is shown in Figure 5.2. Note that long-run profits can exist for a monopoly, since barriers to entry halt any potential entrants from joining the industry.
Quá trình sản xuất mà ở đó người ta sản xuất và xử lý một khối lượng lớn một loại sản phẩm hoặc một nhóm sản phẩm nào đó. Thiết bị được lắp đặt theo dây chuyền sản xuất làm cho dòng di chuyển của sản phẩm có tính chất thẳng dòng.
Answer:
uhhh....... ........ English
Answer:
English please?
Explanation:
i dont understand ur language-
One of the fine examples of frugal innovation is the the world’s cheapest car Tata Nano, for which Tata has most likely done __________ segmentation.
Answer:
What is market segmentation
Explanation:
One of the fine examples of frugal innovation is the the world’s cheapest car Tata Nano, for which Tata has most likely done market segmentation.
At its core, market segmentation is the practice of dividing your target market into approachable groups. Market segmentation creates subsets of a market based on demographics, needs, priorities, common interests, and other psychographic or behavioral criteria used to better understand the target audience.
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