Answer:
A kind of education which equips with skills that involve the use of practical approaches and other physical instruments in executing projects. Technical education is learning something about a specific work scientifically in detail and practical.
A few common examples include schools and education programs that focus on science and engineering, information and technology, architecture and design, business and fipnance, health and social services, education and child development, hospitality and tourism, or the fine and performing arts.
is the amount of money you need to deposit now to attain a desired amount of money in the future.
1_Automatic value
2_Present value
3_Time value of money
4_Future value
Answer:
C
Explanation :
D
what are your political beliefs?
Answer:
political belief or activity means your beliefs and actions, as long as they are lawful. ... That means it is against the law to discriminate against you because you support a certain political party or because you don't support a certain political party.
Explanation:
Which of the following is an item of capital expenditure?
A. repairs to a machine
B. purchase of a machine
C. cost of goods sold
D. wages cost
Answer:
B. purchase of a machine
Explanation:
The December 31, 2021, adjusted trial balance of Business Solutions (reflecting its transactions from October through December of 2021) follows. Number Account Title Debit Credit 101 Cash $ 48,372 106 Accounts receivable 5,668 126 Computer supplies 580 128 Prepaid insurance 1,665 131 Prepaid rent 825 163 Office equipment 8,000 164 Accumulated depreciation—Office equipment $ 400 167 Computer equipment 20,000 168 Accumulated depreciation—Computer equipment 1,250 201 Accounts payable 1,100 210 Wages payable 500 236 Unearned computer services revenue 1,500 301 S. Rey, Capital 73,000 302 S. Rey, Withdrawals 7,100 403 Computer services revenue 31,284 612 Depreciation expense—Office equipment 400 613 Depreciation expense—Computer equipment 1,250 623 Wages expense 3,875 637 Insurance expense 555 640 Rent expense 2,475 652 Computer supplies expense 3,065 655 Advertising expense 2,753 676 Mileage expense 896 677 Miscellaneous expenses 250 684 Repairs expense—Computer 1,305 901 Income summary 0 Totals $ 109,034 $ 109,034 Required: 1. Prepare an income statement for the three months ended December 31, 2021. 2. Prepare a statement of owner's equity for the three months ended December 31, 2021. Hint: The S. Rey, Capital account balance was $0 on October 1, and owner investments were $73,000 this period. 3. Prepare a classified balance sheet as of December 31, 2021. 4. Record the closing entries as of December 31, 2021. 5. Prepare a post-closing trial balance as of December 31, 2021.
The income statement, statement of owner's equity for the three months, classified balance sheet, record of the closing entries, and the post-closing trial balance have all been prepared for Business Solution, as shown in the images attached below, as of Dec. 31, 2021. (See attachment).
1. Question 1 is the income statement of Business Solution for the period of three month ended Dec. 31st, 2021 prepared to determine the net income which is equal to $14,460.
The net income is arrived at as follows:
Net income = Total Revenue less Revenue Expenses2. Question number two deals with the owners equity, as at Dec. 21st, 2021, which is equal to $80,360.
Owner's Equity is arrived at as follows:
Capital + Net Income - Withdrawal3. Question 3 refers to the Balance Sheet of Business Solution as at Dec. 31st, 2021.
The Balance Sheet is statement of affairs, that shows the financial positions of a business.
The Balance Sheet has 2 parts, the assets and the liabilities.
The assets refers to what the business owns, financed by the liabilities.
The total assets of Business Solution, as at Dec. 31st, 2021 equals $83,460.Owner's equity + Liabilities = total assets, i.e. $83,460.4. Question 4 gives summary of the closing entries of Business Solution as at Dec. 31st, 2021.
The closing entries shows the balances remaining in the books of accounts after all adjustments have been made.
5. Question 5 shows the post trial balance of Business Solution as at Dec. 31st, 2021.
The post-trial balance is the least of all balances remaining in the books of accounts extracted on Dec. 31st 2021 after all adjustments have been made.
The totals, that is debit and credit of the trial balance equals $105,964.In summary, the income statement, statement of owner's equity for the three months, classified balance sheet, record of the closing entries, and the post-closing trial balance have all been prepared for Business Solution, as shown in the images attached below, as of Dec. 31, 2021. (See attachment).
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While in the restroom, you overhear your boss telling a colleague that Bob is going to be laid off at the end of the quarter in about two weeks time. Bob is a good friend of yours. Do you tell him? its about leadership
Answer:
While in the restroom, you overhear your boss telling a colleague that Bob is going to be laid off at the end of the quarter in about two weeks’ time. Bob is a good friend of yours.Do you tell him? Why or why not?a.Response/Approach: UTILITARIANISMi.As a good friend you are, you could HIGHLY encourage Bob look for a newjob and infer that you heard that there are budget cuts going to be happening and “anyone” could be “laid off.”7.One of the newest salespeople in your division is a real goof-off, never showing up for work on time, distracting other people with his antics and so on. You complain about him to your boss, who tells you the kid is the son of the company president. Your boss instructs you not only to leave the new guy alone but also to make his sales numbers look good by throwing him some no-brainer accounts. What do you do?a.Response/Approach: INDIVIDUAL RESPONSIBILITESi. As an employee of this company, you have the responsibility to report thisto a someone of higher status than just your boss. If your boss isn’t takingthe situation seriously, you need to stand up and tell higher authorities.ii.There is surely more people that are aware of this and if everyone aware backs you up, you can’t be fired or punished because then things would “become personal” and that can become a bigger issue that the presidentof the company is probably willing to deal with.
Explanation:
Utilitarianism is a moral philosophy, As a close buddy, you may strongly advise Bob to look for a new job infer that you heard budget cuts.
What exactly is utilitarianism?Utilitarianism is a moral philosophy that favors activities that promote happiness or pleasure while opposing actions that cause misery or harm. A utilitarian ideology would seek the good of society as a whole when used to make social, economic, or political decisions.
As a close buddy, you may strongly advise Bob to look for a new job and infer that you heard budget cuts are coming and "anyone" could be laid off.
Therefore the above explanation aptly describes the solution to the scenario.
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Rothbart Manufacturing agrees to manufacture bumper cars for 12 Banners Amusement Parks. Under the terms of the contract, 12 Banners will pay Rothbart a total of $63,000, and 12 Banners can cancel the contract if it so chooses but must pay Rothbart for work completed. Rothbart believes that, if 12 Banners cancelled the contract, Rothbart could sell the bumper cars to another amusement park and still make a profit. The manufacturing contract is expected to last six months, and as of December 31, 2021, the job is 80% complete. How much revenue should Rothbart recognize in 2021 for this contract
The revenue that Rothbart Manufacturing should recognize in 2021 for the contract is $50,400.
Data and Calculations:
Contract value = $63,000
Contract period = 6 months
Percentage of contract on December 31, 2021 = 80%
Revenue to be recognized for 2021 = $50,400 ($63,000 x 80%)Thus, based on the contract terms that 12 Banners could cancel the manufacturing contract, and pay based on the percentage of work completed, the revenue that Rothbart Manufacturing should recognize for 2021 is $50,400.
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Most corporations pay quarterly dividends on their common stock rather than annual dividends. Barring any unusual circumstances during the year, the board raises, lowers, or maintains the current dividend once a year and then pays this dividend out in equal quarterly installments to its shareholders. a. Suppose a company currently pays an annual dividend of $2.80 on its common stock in a single annual installment, and management plans on raising this dividend by 6 percent per year indefinitely. If the required return on this stock is 12 percent, what is the current share price
Suppose a company currently pays an annual dividend of $2.80 on its common stock in a single annual installment, and management plans on raising this dividend by 6 percent per year indefinitely. If the required return on this stock is 12 percent, what the current share price will be is : $49.47
Using this formula
P0 = [D0 × (1 + g)] / [r - g]
Where:
P0 = Current share price
D0=Annual dividend
g=growth
r=Required return
Let plug in the formula
P0= [$2.80 × (1 + 0.06)] / [0.12 - 0.06]
P0= [$2.80 × (1.06)] / [0.06]
P0= $2.968 / 0.06
P0= $49.47
Inconclusion suppose a company currently pays an annual dividend of $2.80 on its common stock in a single annual installment, and management plans on raising this dividend by 6 percent per year indefinitely. If the required return on this stock is 12 percent, what the current share price will be is : $49.47
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4. This individual is the first person you will see as you walk in to an organization.
A) The administrative assistant
B) Th receptionist
C) The word processor
D) The accounts clerk
why would you use computer-aided design (cad) software?
Answer:
CAD enables the development, modification, and optimization of the design process. CAD enables the development, modification, and optimization of the design process. Thanks to CAD, engineers can make more accurate representations and modify them easily to improve design quality.
Explanation:
Answer: To re-create the layout of a space before actually moving anything.
Explanation: took the quiz
What is the recovery period and depreciation method of a residential rental property located in a foreign country which was placed in service after December 31, 2017?
Answer: For residential rental property, the recovery period using GDS is 27.5 years. 2 If you use ADS, the recovery period for the same type of property is 30 years if it was placed in service after December 31, 2017, or 40 years if it was placed in service before that date.
Explanation: Is the good enough???
A client has several suppliers they purchase their materials from, and most of the suppliers require part or all payments to be made at the time of order. You advise your client to set up a Prepayments account that can be reconciled each month. How should this account be set up
Analyzing the above scenario, the customer should set up an asset account called prepayment, which is an item described in the balance sheet as a current asset and liability, as this will be a financial resource available for future use.
A prepayment asset account is therefore configured as an expense previously paid, but which has not yet occurred, being this a facility for companies to pay their suppliers at the time of the order in a previously scheduled manner.
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Discuss 6 reason why banks fail in Ghana and proffer solution to reduce banking sector from these 6 cancerous roots in your opinion
Various reasons have been found as the source of bank failure in Ghana; 6 reasons among these several reasons include Lack of corporate governance and Bad loans.
Other reasons why banks fail in Ghana include the following:
Inefficient regulatory practicesFake licenses processLow capital basePoor credit risk.The solution to restoring the banking sector from these six cancerous roots are following:
The Central Bank of Ghana should ensure all the banks in Ghana have a specific amount of capital to run their banking services to avoid undercapitalization.All the banks should ensure they carry out a necessary credit risk analysis before discharging credit to customers.The Central Bank of Ghana should make the licensing process open and fair while putting heavy sanctions on banks with fake licenses.The Central Bank of Ghana should also check the bank operations report periodically to know if they are working under established standards.All the Banks in Ghana should be encouraged and mandated to operate based on established corporate standards.Banks in Ghana should always access the loan or lending operations to manage their capital very well.Hence, in this case, the Bank's failure in Ghana can be redeemed if the proper strategies are in place.
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Starting a small business is a challenging endeavor—what are some important factors that contribute to the success of a small business? What are some of the first steps that should be taken if someone is interested in starting a small business?
Answer:
Business licenses and permits issued by the state and municipal governments.
Equipment.
Legal expenses, particularly if you intend to incorporate.
Insurance for businesses.
Creating a brand and a website.
Market research is essential.
Inventory.
Publicizing.
Explanation:
Describe your business concept and future ambitions in your vision. Describe the sort of business you're starting, how you want it to expand in the coming year, and where you want to be in five years.
Mission: Describe the products and services you want to offer, your target market, and your unique selling proposition (what you will offer that your competitors do not). Take note of if you intend to be a home-based business that sells mostly online or if you intend to have a physical presence.
Pricing Strategy: You must create a competitive rate that will attract consumers while still allowing you to make a profit. This part should also provide a forecast of your company's earnings and costs.
A good interpreter will be :_________.
A. bilingual, familiar with both business cultures, and employed by one of the businesses.
B. bicultural, bilingual, and familiar with both business cultures.
C. bicultural and an employee of the visiting business.
D. bicultural, bilingual, and employed by the host business.
Answer:
i would say A. sry if it's wrong :(
Explanation:
what term is used to describe the process of reducing foreign exchange risks
Answer:
business transactions are denominated in foreign currencies. In international accounting, a "hedge" is: ... a business transaction made to reduce the exposure of foreign exchange risk.
A company purchased $4,400 worth of merchandise. Transportation
costs were an additional $385. The company returned $305 worth of
merchandise and then paid the invoice within the 2% cash discount
period. The total cost of this merchandise is:
Answer:
If I did get it right it should be 4,569.6
Portraits. Belinda, a famous portrait painter, agreed to paint Harry's portrait for $5,000. She also agreed to paint the portraits of Michelle's two Welsh Corgi dogs, Baby and Bree. Michelle agreed to pay Belinda $12,000 for the portraits. Belinda charged Michelle more because dogs annoyed her. Belinda met the spoiled dogs, and they really got on her nerves. Plus, she was behind on finishing Harry's portrait. Belinda, therefore, proceeded to assign the right to receive the money for the dog portraits and the duty to paint the dog portraits to her assistant, Fred. He eagerly accepted and painted the portraits. As payment for amounts she owed him for various duties, Belinda also assigned to Fred the right to receive payment from Harry. Neither the contract Belinda had with Harry nor the contract she had with Michelle expressly prohibited assignment or delegation of contractual rights and duties. Belinda finished the portrait of Harry and called him to come and pick it up. Meanwhile, a disgruntled secretary who disliked Belinda told both Michelle and Harry about the agreements with Fred. Michelle was furious and refused to pick up the portrait or pay anyone. Harry likewise refused to pay for his portrait claiming that the right to payment could not be assigned. What would be the most likely result if Fred sues Harry for the $12,000 payment?
A. Fred will lose unless Fred can prove that he was ignorant of the fact that Harry did not want the benefits assigned.
B. Harry will win because the portrait was personal in nature and could not be assigned.
C. Harry will win because he did not expressly agree to the assignment.
D. Fred will win because the right to receive payment could be validly assigned.
E. Fred will win unless Harry can prove that Fred knew that Harry did not want the benefits assigned.
The most likely result if Fred sues Harry for the $12,000 payment is D. Fred will win because the right to receive payment could be validly assigned.
It should be noted that every contract creates its own rights and duties. Based on the information given, the obligee is Belinda.
The obligee in this case transfers the right to receive payments to a third-party who is Fred. Also, from the information, Belinda gave Fred the right to receive the payment from Harry.
Therefore, based on the above information, Fred has the right to receive payment. Therefore, if Fred sues Harry for the $12,000 payment, he'll win.
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1. A pharmacy has determined that a healthy person should receive 70 units of proteins, 100 units of carbohydrates and 20 units of fat daily. If the store carries the six types of health food with their ingredients as shown in the table below, what blend of foods satisfies the requirements at minimum cost to the pharmacy? Make a mathematical model for the given problem.
Answer: 50
Explanation: test
Empire Airlines reports the following cost data for the year. The company flew 100 private flights during the year. A group has offered Empire $11,100 for a private flight to Chicago for its members. Revenue$ 20,100per flight Wages, salaries, and benefits$ 7,100per flight Fuel and oil$ 4,600per flight Food and beverages$ 520per flight Depreciation$ 305,000per year Rent$ 255,000per year (a) What is the contribution margin from accepting the offer
If Empire Airlines accepts the offer, their contribution margin from that trip would be -$1,120
Contribution margin is calculated as:
= Revenue - Variable costs
The revenue the group is offering is $11,100.
The Variable costs are;
= Wages + Fuel + Food
= 7,100 + 4,600 + 520
= $12,220
The Contribution margin is:
= 11,100 - 12,220
= -$1,120
In conclusion, the contribution margin is -$1,120
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Give an example of a skills training and explain
Answer:
Skills training is designed to provide employees with the targeted training they need to gain the knowledge and abilities necessary to fulfill the specific requirements of their job positions. some examples of skills training are:-
Adaptability. ...
Teamwork. ...
Creative Problem-Solving. ...
Time Management. ...
Conflict Management. ...
Positivity.
If you are an HR Manager , which among these rating sources do you believe in the most crucial?
Answer:
behaviour
Explanation:
his\her behaviour to collegues matters more for good environment in business
Last year, Byron received a mediocre evaluation. Receiving the feedback made Byron feel very threatened and put him on the defensive. However, Byron likes his job and wants to keep it, so he is focused on making improvements. What might Byron do to decrease the threat and anxiety he feels when receiving feedback?
a. Byron could focus on distinguishing facts from opinions.
b. Byron could ask for feedback explicitly and more often.
c. Byron could practice compassion toward his supervisor.
d. Byron could take deep breaths and be more aware in the moment.
To reduce the threat and anxiety he feels when receiving feedback, it would be ideal for him to ask for feedback explicitly and more often, as it was a past and mediocre assessment that made him feel threatened and defensive.
Feedback is an essential resource in an organization, through it employees provide feedback on a job and drive improvements and changes that increase the quality of work.
Failure to correctly interpret feedback can lead to the opposite effect, such as anxiety, resistance and concern on the part of the receiver. That is why it is essential that the feedback:
Be clear and precise.Provide guidance.Get planned.Expose the positive and negative facts of a job.Create an action plan.Therefore, feedback must be fully provided to the employee in order to avoid the opposite effect, when provided correctly, it produces employee skill development, motivation and increased productivity.
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Jarrett Baker is the founder of an enterprise software company. By looking at his income statements over the past three years, you see that its working capital has declined from $42,400 in 2015 to $17,900 in 2016 to $3,100 in 2017.
Explanation:
do not know what you are looking for
What leadership styles would you use to describe Carlos Slim Helu?
Answer: autocratic
Explanation:
Carlos Slim's leadership style is autocratic since he centralizes the high level decisions, pedantically oversees his investments, and assumes responsibilities for his actions. . His style mechanics differentiate from most CEO's due the number of companies he runs and the variety of industries
Answer:
the leadership style is autocratic
Explanation:
since he incorporates high-level decisions, meticulously supervises his businesses, and accepts responsibility for his actions.
High costs are associated with high
unemployment. What economic
phenomena is associated with high
unemployment?
A. Economic Growth
B. Economic Stability
C. Economic Depression
Answer:
C. Economic Depression
Explanation:
Economic Depression is when an economy goes into financial turmoil/ struggles.
The demand curve shows that the quantity consumed of a good or service
Question 6 options:
decreases as price decreases
is not affected by price
increases as price increases
increases as price decreases
Answer:
increase by price
Explanation:
because, of quantity let me m know if I am correct I am pretty sure I am
how will you try overcoming the lower price offer by a competitor?
Answer:
Argue that you are better in every way you can.
Explanation:
hope this helps!
Jerry Allison starts the month with a balance on his credit card of $1,070. On the 10th day of the month, he purchases $390 in clothes with his credit card. On the 15th day of the month, he makes a payment on his credit card of $550. Jerry's interest rate is one and a half percent for the month. Jerry's bank calculates the finance charge on their credit card by using the previous balance method. What would Jerry's finance charges be for the month?
a. $11.17
b. $7.80
c. $13.18
d. $21.90
e. $16.05
Answer:
b. $7.80
Explanation:
hope it help you
5. If an office makes equipment available in all offices and to all departments, then the firm is
practicing centralization of office equipment.
True
False
True.......
plz mark me as brain list
If a company exchanges a debt instrument with no ready market for property with an indeterminable fair value, it should not be recorded on
a. the books of either party until the fair value of the property becomes evident.
b. the board of directors of the entity receiving the property should estimate a value for the property that will serve as a basis for the transaction. c. the directors of both entities involved in the transaction should negotiate a value to be assigned to the property.
d. the present value of the debt instrument must be approximated using an imputed interest rate.
Answer:
the present value of the debt instrument must be approximated using an imputed interest rate.
Explanation:
