At the start of the month, a company reported a $34,000 debit balance in its cash account. During the month, the company debited cash for $30,000 and credits cash for $42,000. At the end of the month, the cash account has a.22,000 debit.
When a corporation receives money earlier from earning it, the accounting may be a debit to the asset Cash for the quantity received and a credit to the liability account like Customer Advances or Unearned Revenues. samples of these accounts are the cash, assets, prepaid expenses, fixed assets (asset) account, wages (expense) and loss on sale of assets (loss) account.
Since the service was performed at the identical time because the cash was received, the revenue account Service Revenues is credited, thus increasing its account balance. Cash is an asset account hence it's increased by debiting it.
When a business receives cash, it's always recorded as a rise to cash and a decrease to an expense. a shot balance may balance but not be correct. Income statements accounts also are referred to as temporary accounts.
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When the demand for bonds ________ or the supply of bonds ________, interest rates rise.
When the demand for bonds decreases or the supply of bonds increases, interest rates rise.
What is Interest rate?
An interest rate is the amount of interest that is payable each period stated as a proportion of the amount lent, deposited, or borrowed (called the principal sum). The principal amount, interest rate, frequency of compounding, and duration of the loan, deposit, or borrowing determine the total amount of interest on a sum that was lent or borrowed. The annual interest rate is the rate of interest that is calculated over a year. Other interest rates—frequently annualized—apply to shorter time frames, like a day or a month.
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The contribution margin ratio is the:_____.
a. same as the variable cost ratio
b. same as the profit-volume ratio
c. portion of equity contributed by the stockholders
d. same as profit
The contribution margin ratio is equal to its revenue less all variable costs, divided by its revenue.
What is contribution margin ratio?The contribution margin informs the business of the discrepancy between the product's cost of production and its selling price. The contribution margin ratio informs the business of the percentage of sales revenue that will be available to pay for fixed costs, such as office space.
In order to understand how sales, varying costs, and fixed costs all affect operating profit, contribution margin is useful. It offers business owners a means to determine how different sales volumes may impact profitability. It can be calculated at the unit or overall level and reported as a dollar amount or a percentage.
It can be used to quickly calculate the impact of a change in sales revenue on profitability and is utilised in target profit and break-even analyses.
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Graff, incorporated, has sales of $40,980, costs of $13,380, depreciation expense of $2,830, and interest expense of $2,060. the tax rate is 22 percent. what is the operating cash flow, or ocf?
The operating cash flow of Graff, incorporated is $20,543.80
What is operating cash flow?
The operating cash flow is the net income plus the depreciation expense, whereby the depreciation expense is added back because it is an outright cash outflow.
In this case, we need to first of all determine the net income considering the sales, costs, interest expense and tax
net income=(sales-costs-depreciation-interest)*(1-tax rate)
net income=($40,980-$13,380- $2,830-$2,060)*(1-22%)
net income=$17,713.80
OCF=$17,713.80+$2,830
OCF=$20,543.80
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What of these is an example of private funds used for construction of a new venue?
a. sales tax
b. tax increment funding
c. league contribution
d. general obligation and revenue bonds
An example of private funds used for construction of a new venue is option d. general obligation and revenue bonds.
What is Private Financing Sources for a new Facility?This can be gotten from:
Contractually Obligated Income: is known to be a kind of revenue source that a team gets under a contract. These revenue sources may be used as collateral that can be set for a loan.
Asset-Backed Securities: This is a method used in valuing any kind of asset, a business, or others in regards to a business by knowing what it would coast to remake the business or asset.
Therefore, An example of private funds used for construction of a new venue is option d. general obligation and revenue bonds.
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Although non-random sampling techniques are considered less scientific than random techniques they are often used for expediency.
a. true
b. false
Although non-random sampling procedures are considered less scientific than random techniques they are often used for expediency.True
Why do researchers not ever use random samples in their research?(1) A random sample of the population is excessive to begin sampling the population - only lists of the chosen "clusters" are necessary.
(2) The cluster groups are usually closer together and when people are closer together - this protects time and money for the researchers conducting the study.
Cluster sampling can be more efficient than easy random sampling, especially where a study takes place over a wide geographical province.
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If 100 mm nacl were added to the inside of the cell, what would be the effect on the potential difference between the inside and outside of the cell?
The effect on the potential difference between the inside and the outside of the cell is that C. the cell would depolarize.
What would happen to the cell?If 100 mM NaCl were added to the inside of a cell which was selectively permeable to K+ ions only, the effect would be a depolarization of the cell.
This is because the depolarization of a cell happens when positive Sodium ions like the ones in the 100 mM NaCl, get into the inside of a cell in the neuron.
Full question is:
Imagine a cell with a semi-permeable membrane that is selective to K+ ions only. The internal solution contains 100 mM KCl and the external solution contains 1 mM KCl. If 100 mM NaCl were added to the inside of the cell, what would be the effect on the potential difference between the inside and outside of the cell?
A. the cell would hyperpolarize
B. the cell would depolarize
C. there would be no effect
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Which Learning Outcome domain accounts for almost 50% of the ITIL 4 Foundation exam?
Understand 7 ITIL practices Learning Outcome domain accounts for almost 50% of the ITIL 4 Foundation exam
This is further explained below.
What is the Learning Outcome domain?Generally, Knowledge, Skills, and Perceptions are the three pillars that make up the student's overall learning (values).
The areas of knowledge, ability, and attitudes that form the foundation for writing learning outcomes may be broken down into three categories, which are described below.
All of the learning objectives indicate either learning or the development of skills and attitudes in these areas.
In conclusion, Acquire knowledge of the seven ITIL practices Almost half of the points on the ITIL 4 Foundation test are devoted to the Learning Outcome domain.
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The maximum fine for driving and drinking an alcoholic beverage is:________
a) $500
b) $1,000
c) $50
d) $200
Answer:
In many places of my country there's $1,000 maybe other country $500
It is a good idea to have your entire day scheduled with no down time. True or false
False, it is never a good idea to have our entire day scheduled with no downtime.
When we are deciding on the program for the entire day we are deciding about our future. The future is always uncertain no matter how much a person plans for it. There will always be some circumstances that the person has not thought of before or not planned. These circumstances that are not thought of before are only called emergencies.
Maybe we can try to schedule our entire day but our day is also dependent on others. For example, Let's say we plan to leave our house and reach our college at 9.00. On the road to our college, there is the Chief Minister who is crossing. So we will be halted and we cannot reach the college on time. This is the reason why downtime is necessary.
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In which area of the world were policies based on the solow growth model consistently applied, but with very limited success?
The area of the world were policies based on the Solow growth model consistently applied, but with very limited success is Africa.
What is the Solow growth model?The Solow-Swan model, or exogenous growth model, is an economic model for long-term economic growth. It attempts to explain long-term economic growth by looking at capital accumulation, labor or population growth, and productivity growth driven primarily by technological progress.
What does the Solow growth model explain?The Solow growth model is an exogenous model of economic growth that analyzes changes in the level of economic output over time as a result of changes in population growth rates, savings rates, and technological progress.
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Sandra owns a bond issued by animite energy with a par value of $1,000. the bond pays 7.6% interest yearly and has a market rate of 93.411 when sandra bought it. what is the current yield on sandra’s bond? a. 0.076 b. 0.074 c. 0.081 d. 0.089
Sandra owns a bond issued by animate energy with a par value of $1,000. the bond pays 7.6% interest yearly and has a market rate of 93.411 when Sandra bought it. The current yield on Sandra is 0.081,
For the calculation of the current yield on the Sandra bond, the annual interest of the bond is 7.6% and the current price of the bond is 93.41,
The formula referring to calculating the current yield is
current yield = annual interest earned / the current price of the bond
= 7.6/93.411
=0.08136086
=0.081
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Managerial accounting provides information that would probably be most beneficial to:_____.
Managerial accounting provides information that would probably be most beneficial to the IRS financial analysts a lending officer of the bank .
What is Marginal Accounting ?
A "margin account" is a specific kind of brokerage account where the broker-dealer lends the investor money to buy securities while using the account as collateral. While margin gives investors more purchasing power, it also exposes them to the possibility of bigger losses.
The number of shares X the price X the margin rate must be multiplied to determine the margin needed for a long stock buy. The margin needed for a short sale is equal to the standard margin needed plus 100% of the security's value.
If you have $5,000 in cash, for instance, in a margin-approved brokerage account, you could purchase up to $10,000 in marginable stock. You would use your cash to purchase the first $5,000 of that amount, and your brokerage company would lend you the remaining $5,000 using the collateralized marginable stock as security.
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Economists assume that rational behavior is useful in explaining choices people make.
Economists assume that rational behavior is useful in explaining choices people make Even though people may not behave rationally at the time.
What are Economists?
A professional and practitioner in the social science field of economics is called an economist. The person may also research, create, and use economic theories and concepts, as well as write about economic policy. The production and distribution of resources, goods, and services are studied by economists through data collection and analysis, trend research, and evaluation of economic concerns.
therefore,
Economists assume that rational behavior is useful in explaining choices people make Even though people may not behave rationally at the time.
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Operating income can be determined using
a.absorption and variable costing.
b.variable costing only.
c.absorption costing only.
d.neither absorption nor variable costing.
Operating income can be determined using Absorption and variable costing.
Both are the different methods to calculate the operating income in different way.
Operating income is defined as income less expenses which results in operating income without deduction of taxes.
Under absorption cost, operating income is calculated as sales less cost of goods sold by including both fixed and variable cost.
Under variable costing , operating income is calculated as revenue less variable expense which results in contribution less fixed expense.
Both the methods are useful to calculate the operating income but as per GAAP reporting , absorption method is acceptable.
Absorption methods includes all the cost related to manufacturing but variable cost includes variable cost only.
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As you move from left to right along a production possibilities frontier that is bowed out from the origin, the opportunity cost of producing the product on the horizontal axis:_________
As you move from left to right along a Production possibilities frontier (PPF) that is bowed out from the origin, the opportunity cost of producing the product on the horizontal axis increases.
The opportunity cost of producing the good on the X-axis and the Y-axis is rising if the production potential frontier (PPF) is bowing out. This is so that you can produce more of the good on the vertical axis without depleting resources from generating more of the good on the horizontal axis.
The Production possibilities frontier (PPF) is bowed out, thus the resources required to produce the two items cannot be combined. As a result, the more goods you generate on the vertical axis, the more goods you must sacrifice on the horizontal axis.
According to the law of diminishing returns, the marginal increase in output will decrease over time as incrementally more resources are invested in a given endeavour.
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Sammy salt is an exempt employee and earns $275,000 per year. if sammy was paid on a weekly basis, what would his gross pay be? (course outcome ii / learning outcome ii)
Sammy salt is an exempt employee and earns $275,000 per year. If Sammy was paid on a weekly basis, his gross pay will be $5,288.46
Who is an exempt employee?A person who is exempt from overtime pay or minimum wage regulations is referred to as an exempt employee (or both). Due to the specific duties and obligations that they have, exempt personnel is placed in a distinct category.
The exemption is typically present in international legal frameworks as well as American labor regulations. The law is known as the Fair Labor Standards Act in the United States (FLSA). Its main objective was to establish a federal standard for how salaries and hours should be determined for both private and governmental employers.
Other types of workers may also be exempt from earning overtime pay in addition to the principal exempt categories. These include farm workers, movie theater employees, some nonmetropolitan broadcast station staff, taxi drivers, railroad, motor carrier, and American vessel employees, as well as commissioned sales personnel working for retail or service businesses.
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A company's beginning accounts payable is $1,000. it had a $10,000 of purchases on account and paid $7,000 of the amounts owed. the accounts payable ending balance equals a _____ balance.
The accounts payable ending balance equals a $4,000 balance
What is accounts payable?
Accounts payable is the account that represent the company's suppliers, in effect, its balance indicates the amounts owed to them, in essence, the closing balance is determined by adding new purchases to the beginning accounts while deducting amount paid to suppliers in the period under review.
accounts payable ending balance=beginning accounts payable+purchases-amount paid
beginning accounts payable=$1,000
purchases=$10,000
amount paid=$7,000
accounts payable ending balance=$1,000+$10,000-$7,000
accounts payable ending balance=$4,000
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What is the appropriate interest rate and number of time periods to use to find the monthly payment for a 5-year car loan at 3. 6% compounded monthly?.
The correct interest rate is 0.5%, and the time period 360 used to calculate the monthly payment for a 5-year auto loan at a monthly compound interest rate of 3.6%.
The amount a lender charges a borrower is called an interest rate, and it is expressed as a percentage of the principal, or the loaned amount. Typically, a loan's interest rate is expressed as an annual percentage rate, or APR). A savings account or certificate of deposit earnings at a bank or credit union may also be subject to an interest rate (CD). The interest received on these deposit accounts is measured in annual percentage yields.
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At the start of the month, a company reported a $34,000 debit balance in its cash account. During the month, the company debited cash for $30,000 and credits cash for $42,000. At the end of the month, the cash account has a.
At the start of the month, a company reported a $34,000 debit balance in its cash account. During the month, the company debited cash for $30,000 and credits cash for $42,000. At the end of the month, the cash account has a. 22,000 debit.
Ending cash balance = beginning cash balance + cash receipts occurring during the period - cash payments occurring during the period so 34,000 + 30,000 - 42,000 = 22,000).
When a corporation receives money earlier from earning it, the accounting may be a debit to the asset Cash for the quantity received and a credit to the liability account like Customer Advances or Unearned Revenues. samples of these accounts are the cash, assets, prepaid expenses, fixed assets (asset) account, wages (expense) and loss on sale of assets (loss) account.
Since the service was performed at the identical time because the cash was received, the revenue account Service Revenues is credited, thus increasing its account balance. Cash is an asset account hence it's increased by debiting it.
When a business receives cash, it's always recorded as a rise to cash and a decrease to an expense. a shot balance may balance but not be correct. Income statements accounts also are referred to as temporary accounts.
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You are tasked to build a tracking system for the employees of a company design a class to represent an employee in this system
Building a tracking system for employees of a company design a class to represent employee is a very good idea. Tracking system in a company helps in many ways like to understand project costs, bill accurately, payout employees according to the hours they spent, to determine employees who are available on time, and plan new projects. There are lot of features needed in a software to ensure all of these functions happen automatically and accurately.
Time tracking software allow you to aanalyz how employees spend their workday — from managing strategic assignments to working on admin tasks — resulting in improved productivity. you can also track your employee time to monitor meetings, projects, and resources. All this will give you the chance to analyze the workflow and fix the gaps.
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From the perspective of the united states, the process of foreign companies transferring tasks and jobs to u.s. companies is called:________
From the perspective of the United States, the process of foreign companies transferring tasks and jobs to u.s. companies is called in sourcing. Thus, option (e) is correct.
What is jobs?
A “job” is a designation for working for a specific business. An opportunity for career advancement arises from the job. One could increase their income and gain experience by working.
The foreign companies are the ones transferring the tasks, and the job is called in sourcing. In sourcing, the term refers to the person involved, the specialist for filling temporary needs. The company provided the training to effectively complete the task.
As a result, the foreign companies transferring tasks and jobs to u.s. companies is called in sourcing. Therefore, option (e) is correct.
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Your question is incomplete, but most probably the full question was.
Importingfactoringbenchmarkingdumpingin sourcingIt is important to formulate operational definitions for study variables because it?
It is important to formulate operational definitions for study variables because it allows for the measurement of cause and effect in the research.
What is meant by operational definitions?The term operational definitions as it is used in research has to do with all of the constructs that has to do with the modeling or the representation of concepts and their theoretical definitions. This would have to do with all of the operations that would be used in the definition based on the ways that other persons that want to replicate the study would also be able to do so using the same specific definitions.
It has to do with the procedures that would be used in the measurement of the given variables in the research work. Hence we can say that It is important to formulate operational definitions for study variables because it allows for the measurement of cause and effect in the research.
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An operational definition is designed to model or represent a concept or theoretical definition, also known as a construct. Scientists should describe the operations (procedures, actions, or processes) that define the concept with enough specificity such that other investigators can replicate their research.
A process has a total measure of productivity of 1.26 and output of 15,000. what are the total inputs?
A process has a total measure of productivity of 1.26 and output of 15,000. then the Total Inputs is 11905
What do you mean Productivity?
Productivity is a measure of the efficiency with which commodities or services are produced. Productivity is frequently represented as a ratio of an aggregate output to a single or aggregate input employed in a manufacturing process, i.e. output per input unit, often over a predetermined time frame.
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If+the+cpi+increased+from+215+to+218+between+the+years+2012+and+2013,+while+the+nominal+interest+rate+increased+from+3.25%+to+3.80%,+what+is+the+real+interest+rate+in+2013?
Let's say that while the nominal interest rate increased from 3.25% to 3.80% between 2012 and 2013, the CPI increased from 215 to 218.
CPI was 215 in 2012 and 218 in 2013. Thus, the inflation rate from 2012 to 2013 was 1.40 percent.
Real Interest Rates for 2013 = 2.37%
The required details for interest in given paragraph
In the fields of finance and economics, interest is the amount that is paid to a lender or depositor in addition to the principal repayment at a predetermined rate by a borrower or a financial institution that accepts deposits. It differs from any fees the borrower might have to pay the lender or another entity.
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An aaba form can be repeated to create a larger form; when b and a are repeated after the first aaba, it is called a:________
An AABA form can be repeated to create a larger form; when b and a are repeated after the first AABA, it is called a partial reprise.
What is a partial reprise?
Firstly, a reprise in music refers to when the opening material of the musical piece is repeated later in the same composition or reiterated. A partial form of this then exists when the repetition isn't as much.
This is why B and A being repeated after the first AABA and used to form a larger form is an example of a partial reprise.
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True or false: the nominal interest rate can be defined as an interest rate quoted today by a financial institution on a loan or investment, such as an apr or a periodic rate.
The statement that the nominal interest rate can be defined as an interest rate quoted today by a financial institution on a loan or investment is TRUE.
What is the nominal rate?The nominal interest rate refers to the interest rate that a financial institution quotes in the current period. It is this rate that is tied to a loan or investment.
Nominal interest rates are not adjusted for inflation which is why they are considered "nominal." When they are adjusted for inflation, they become "real" interest rates.
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These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advising.
These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advising. These are Financial Services Corporations.
What is investment banking?Investment banking is a particular branch of banking that deals with raising money for other businesses, governments, and other organizations. Investment banks assist in the selling of securities, underwrite new debt and equity securities for all kinds of firms, and make mergers and acquisitions, reorganizations, and broker transactions for both institutions and individual investors possible. Additionally, investment banks advise issuers on the issuance and placement of stock. There are many different positions in investment banking, such as those for consultants, banking analysts, capital market analysts, research associates, trading specialists, and many more. Each demands a certain set of qualifications and training.
Any banking position benefits greatly from having strong people skills. Even devoted research analysts invest a significant amount of time working in teams or providing counseling to customers. While certain jobs call for more of a sales touch than others, it's important to feel at ease in a work-related social setting.
Thus, Investment banking is all about raising money from different institutions.
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Complete Question
These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advising. What type of financial Institution?
The side of an account that is increased is called the normal balance of the account True or false?.
It is true that the side of the account that is increased is called the normal balance of the account.
All sort of asset accounts have a normal balance at the debit side of the T account. And, it is associated with the left side of the equation i.e. liability and owner equity’. A normal balance refers to the debit or credit balance that’s basically expected from a certain account.
This concept of normal balance is actually used in the double-entry method of accounting. In a business asset account, for example, the normal balance would consist of debits . You can expect your asset account to have a debit normal balance. You can expect your credit account to have a credit normal balance.
The increasing side of the account is the normal balance. The normal balance for asset and expense accounts is the debit balance, while for income, equity, and liability accounts it is the credit balance.
An account's normal balance is on the side where increases go because the increases in any account are usually greater than the decreases.
Therefore the normal balance of an account is the side of the account that is positive or it is increasing.
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Which part of the constitution is mainly responsible for enumerating the powers of the national government?
Article 1, section 8 of the constitution is mainly responsible for enumerating the powers of the national government
What is constitution?A constitution is a set of fundamental laws that establishes how a nation or state is to be governed. Most constitutions are "codified," which essentially means they are detailed in a unique text known as "the constitution."
However, several nations have "un-codified" constitutions that are not properly written down in one specific place, including Israel, New Zealand, and the United Kingdom. Basic components of constitutions often comprise the following:
An emotional introduction that outlines the constitution's goals is referred to as a preamble.a thorough explanation of the power-sharing arrangements between the legislative, executive, and judicial departments of governmenta commitment to upholding certain fundamental rights for all of the nation's residents.Learn more about constitution
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In the united states, equal opportunity laws guarantee equal pay for men and women, whites and minorities. True or false
The given statement " In the united states, equal opportunity laws guarantee equal pay for men and women, whites and minorities" is false.
What is Equal Employment Opportunity Act?Federal laws against employment discrimination are enforced by the Equal Employment Opportunity Commission (EEOC) of the United States. The Civil Rights Act of 1964 led to the establishment of the EEOC. The EEOC currently enforces federal anti-discrimination laws and provides oversight and coordination of all federal equal opportunity regulations, policies, and practices. Title VII of the Civil Rights Act of 1964 prohibits discrimination based on race, color, national origin, sex, and religion. It also forbids employers from retaliating against any employee who exercises his or her rights under Title VII.The laws governing employment are designed to end discrimination in all of its manifestations and guarantee that everyone receives equal pay for equally hard labor. That does not imply that everyone makes the same amount of money, though. Personal experience, expertise, and capabilities must also be taken into account. Due to this, college professors make more money than high school dropouts but less than professional athletes and actors.To know more about Equal Employment Opportunity Commission (EEOC) visit:
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