To document this deal, Edison will put the following in its general journal entry: Doctor Utilities $470 $470.00 in cash in currency
The act of maintaining or creating records of any transactions, whether they are financial or not, is known as journaling.
An accounting journal lists transactions and displays a company's debit and credit balances. The journal entry may have multiple entries, each of which is either a credit or a debit. The journal entry is deemed to be imbalanced if the total of the debits does not match the total of the credits.
Journal entries can list one-time or ongoing events, such bond amortization or depreciation. Accounts payable normally has its own subledger that indirectly impacts the general ledger, and journals entries in accounting software are typically entered using a distinct module from those.
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At the break-even point:_________
a. total cost equals total revenue.
b. variable cost equals total revenue.
At the break-even point the total cost equals total revenue.
The break-even point is the point at which total cost and total revenue are considered to be equal, which means that there is no loss or gain for a small business. So it can be said that, you have reached the level of production at which the costs of production equals the revenues for a product.
In dollars of revenues, the break-even point is equal to the total of the fixed expenses divided by the contribution margin per unit. Thus, the amount of the fixed costs divided by price per unit, establishes how many units must be sold to break even.
Hence, option A is correct.
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On payday, employers can designate their banks to electronically transfer funds from the business checking account to the employees' checking account. this represents an example of a(n)?
On payday, employers can designate their banks to electronically transfer funds from the business checking account to the employees' checking account .This represents an example of a direct deposit.
What is direct deposit?Direct deposit is the phrase used to describe the electronic deposit of money into a bank account as opposed to a physical, paper cheque. In order for deposits to be made between banks, direct deposit requires the usage of an electronic network.
The Automated Clearing House is the name given to this network (ACH). There is no need to wait for the money to clear because electronic cash transfers automatically credit recipients' accounts. Paychecks, tax refunds, and other perks are frequently deposited using direct deposit.A secure and practical method of payment is direct deposit.
Through an electronic network, funds are directly deposited into the account of the beneficiary. The recipient must give the person or company making the deposit the name of their bank, their account number, and the bank's routing number in order for the monies to be transferred from the payer. Alternately, they might give you a void check with the same details written on it.
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When conducting an internal analysis, strategic managers should: _____.
When conducting an internal analysis, strategic managers should- have a clear knowledge of an entity’s strengths and weaknesses prior to the enactment of a strategic plan.
What is Internal analysis?Examining your company's internal resources, assets, and processes is referred to as internal analysis. Members of top management can identify potential growth areas thanks to these assessments, which also help them make wise judgments. You must update your business strategies and plans in response to an internal analysis. Work together with other experts to incorporate your internal analysis and the company's business plan to produce a comprehensive picture of the activities of the organization. Select a framework before conducting an internal analysis. Each framework has its own set of instruments, tactics, and goals for studying internal operations.
Based on your organization's position in the market for your industry, these assessments calculate the costs of your organization's operations and identify any prospective business prospects. They also determine your capacity to draw in new customers and clients. You must manage resources and cut costs as a result of an internal review in order to have more money for business development. This determines if your business has the resources required to find business possibilities.
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Assume the mplc = 2 cars and the mplb = 5 boats. there are 150 workers in this hypothetical economy; the slope of the ppf for this economy is:_________
-2/5
The slope of the PPF of an economy is computed as,
= ( - )MPLc/MPLb
= ( - )2/5
What is slope of the ppf?
By comparing the pricing to the expenses of other suppliers and utilizing the slope of both the PPF, one may evaluate the relative advantage of producing one product against another.
Therefore,
Assume the mplc = 2 cars and the mplb = 5 boats. there are 150 workers in this hypothetical economy; the slope of the ppf for this economy is -2/5
The slope of the PPF of an economy is computed as,
= ( - )MPLc/MPLb
= ( - )2/5
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Statistics describes a set of ______ that are used for describing, organizing, and interpreting information.
Statistics describes a set of Tools and techniques that are used for describing, organizing, and interpreting information.
Statistics provided different tools and techniques to organize, describe and interpret the information. These tools and techniques are described briefly below:
Organizing: In the statistics, tools and techniques used for organizing,data organization is the process of categorizing and classifying data that is more usable. Its arrange the data in sequence so that we can easily read and work. It is difficult to work and analyze on raw data. We need to organize data and represent them in proper away.Describing: In the statistics, tools and techniques used for describing data into easy way to understand. The types of describing data are mean, median and mode. Interpreting: In the statistics, tools and techniques used for interpreting are used to describe a sample in single value the midpoint of the data. The nature of goal and interpreting is vary from business to business.You can learn more about statistics at
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Agenda setting happens during the evaluation stage of the policy-making process.
a. true
b. false
It is false that agenda setting happens during the evaluation stage of the policy-making process.
What is agenda setting in the policy process?The topics or issues that government officials, as well as others closely connected to them outside of government, are currently giving substantial thought to. A list of potential topics is reduced by the agenda-setting process to the set that actually receives attention.
What is the evaluation stage of policymaking?A policy's content, implementation, or impact are examined using evaluation concepts and methodologies. Evaluation is the process by which we learn about the value, worth, and utility of a policy.
The step of policy development known as agenda setting is where problem definitions are examined to evaluate their validity. According to the Kraft/Furlong policy process model, the steps in the policy-making process are agenda setting, policy development, policy execution, and policy evaluation.
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Self-scan technology like scan & go helps walmart gain insight into both what customers buy as well as how they buy it?
Self-scan technology like scan & go helps Walmart gain insight into both what customers buy as well as how they buy it, The above statement is True
Self-checkout technology
Self-checkout (SCO) machines, often referred to as aided (ACO) or self-service (SSC) checkouts, are devices that enable customers to complete their own transactions from a retailer without requiring a conventional staffed checkout. The use of SCOs eliminates the need for one-on-one worker assistance as customers scan item barcodes before paying for their entire purchase. Self-checkouts are typically utilised in supermarkets, though they can also be found in convenience or department stores. Most self-checkout facilities are watched over by at least one employee, who frequently helps consumers process transactions, fixes prices, or offers other customer care.
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If a manager finds a severe decline in employee morale and direction, they may need to spend more time in which role?
If a manager finds a severe decline in employee morale and direction, they may need to spend more time in the Leadership role
How are leadership & management correlated?The words that are frequently used interchangeably are leadership and management. It is crucial to realize that effective management depends on effective leadership.
A key element of management, exceptional leadership behavior places emphasis on creating an environment where each person can grow and succeed. Leadership is the capacity to motivate and direct a team's efforts toward the achievement of objectives. This influence could come from official sources, like the one offered by obtaining a managerial position inside a corporation.
A manager needs to have the qualities of a leader or leadership traits. Leaders create and launch competitive advantage-building strategies. For maximum organizational effectiveness, businesses need strong management and strong leadership.
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Identify and analyze user needs and to take them into account in the selection, creation, integration, evaluation, and administration of computing-based systems.
The computer-based system includes all of the elements required to capture, process, transfer, store, display, and process information.
What do we mean by computing-based systems?The computer-based system includes all of the components required to capture, process, transfer, store, display, and manage data. Software, processors, networks, buses, firmware, software integrated circuits, storage devices, and humans are examples of components (that also process information). Mobile phones, keyboards, touchscreens, barcode scanners, touchpads, and other computer systems that we use today are examples. In everyday life, we encounter computer systems such as library systems, emails, vacation bookings, shop tills, and the internet. These computer-based systems are widely used in applications such as electrical power transmission and distribution to monitor and control industrial, infrastructure, and facility-based processes.Therefore, the computer-based system includes all of the elements required to capture, process, transfer, store, display, and process information.
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In organizational buying, complex negotiations that last over a lengthy period ______.
In organizational buying, complex negotiations that last over a long period, as a result of the regulatory requirements for fixed cost structures, cannot take place.
This is further explained below.
What is organizational buying,?Generally, It is not uncommon for organizational buying to include convoluted discussions that go on for a considerable amount of time and are prolonged as a direct result of legal obligations.
The term "organizational purchasing process" refers to the method that any business goes through in order to make any purchase or buying choice.
This might be anything from office supplies to new office furniture.
This might refer to anything from computers to supplies for the workplace.
In the same way that regular people go through a series of processes before buying anything, corporations and other kinds of organizations also go through this process before making a purchase.
In conclusion, Because of the legal requirements for fixed cost structures, it is impossible to engage in complicated talks that take place over an extended period of time when an organization is making a purchase.
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Lee sun's has sales of $3,800, total assets of $3,500, and a profit margin of 6 percent. the firm has a total debt ratio of 42 percent. what is the return on equity?
The return on equity is 9.528%.
Return on equity (ROE) is the measure of a company's internet profits divided by way of its shareholders' equity.
ROE is a gauge of a corporation's profitability and how efficaciously it generates these profits
Is return on equity higher high or low?The higher a company's ROE percentage, the better.
A greater share shows a company is more superb at producing earnings from its current assets.
Likewise, a agency that sees increases in its ROE over time is probable getting extra efficient.
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https://brainly.com/question/11468206#SPJ4______ resource prices raise production costs and, assuming a fixed product price, ______ profits.
Higher resource prices raise production costs and, assuming a fixed product price, reduce profit.
What is the explanation to the above phenomenon?When resource inputs are overtly expensive it is logical to expect that these will translate into higher costs. Where costs can be shifted to the end-user, the company remains in a state of operational efficiency.
In a very price elastic market however, the company is faced with a huge challenge as it must absorb such costs or face the consequences of increasing it's prices.
When input costs are high, technology may be explored as a solution to reduce costs and increase efficiency in the long run.
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The maximum amount a policy will pay in the event of a loss, regardless of the number of insureds, claims made, lawsuits filed, or parties making claims is the:_________
The policy limit is defined as the maximum amount that an insurer will pay under a policy for a covered loss.
These policy limits will be set according to the period (e.g., annual or policy term), according to the loss or injury, or over the life of the policy. If the policy limit is payable over the life of the policy it is called the lifetime maximum. This differs according to the insurance but mostly higher limits carry higher premiums.
For a general life insurance policy, the face value will be the maximum amount that the insurer will pay. This amount refers to the monetary amount in relation to a specific insurance claim. For example, the policy for car insurance may have a policy limit of $1 million. These amounts are agreed upon by the way of drawing up contracts between the parties.
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A joint venture is an attractive way for a company to enter a new industry when:______.
A joint venture is an attractive way for a company to enter a new industry when a firm is missing some essential skills or capabilities or resources and needs a partner to supply the missing expertise and competencies or fill the resource gaps.
The joint venture approach to entering a new market is effective when the target company lacks the necessary relationships, resources, and skills to operate well in the new industry.Joint venture is a combination of two or more parties that seek the development of a single enterprise or project for profit, sharing the risks associated with its development. The parties to the joint venture must be at least a combination of two natural persons or entities.To know more about Joint venture visit:
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During the period from 1865 to 1900, disputes between labor and business owners were sometimes marked by.
During the period from 1865 to 1900, disputes between labor and business owners were sometimes marked by use of violence by both sides.
What is disputes?Disputes refers to the conflict among the parties with regard to the disagreements or disapproval in certain things or the situations.
During 1865 to 1900 many major events took place such as Membership in unions dropped, Workers relocated to remote areas, The majority of industrial positions were converted to service industry occupations etc.
Therefore, it can be concluded that disputes between workers and property leaders were occasionally distinguished by the use of violence by both sides between 1865 and 1900.
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You bought 1,000 shares of tund corp. stock for $68.12 per share and sold it for $90.03 per share after a few years. how will your gain or loss be treated when you file your taxes?
The gains that I have from the stocks will be taxed as capital gains according to the long-term tax rate.
Brief explanation of capital gains.The term capital gain refers to the increase in the value of an asset when it is sold In simple terms, capital gains occur when you sell an asset for more than you paid initially.
Capital gain is realized when you sell an asset by subtracting the original purchase price from the selling price. The Internal Revenue Service (IRS) taxes individuals on capital gains under certain circumstances.
What are long-term capital gains and how much tax is levied on them?Long-term capital gains arising from assets held for more than one year prior to disposal.
A long-term capital gains tax is a tax levied on profits from the sale of an asset held for more than one year (also known as a long-term investment). The long-term capital gains tax rate is 0%, 15%, or 20% depending on your taxable income and filing status. In general, they are lower than short-term capital gains tax rates.
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The complete question is: "You bought 1,000 shares of Tund Corp. stock for $68.12 per share and sold it for $90.03 per share after a few years. How will your gain or loss be treated when you file your taxes?
a. As a capital gain taxed at the long-term tax rate
b. As a capital gain taxed at the current ordinary-income tax rate
c. As a capital loss deducted from taxable income in the year that the loss is realized
d. As a capital loss taxed at the long-term tax rate."
Embezzlement is an example of a(n) _________________.
Embezzlement is an example of a(n) Misdemeanor and Felony.
What is Embezzlement?The act of withholding assets from one or more people to whom the assets were committed in order to convert those funds, either to be held or to be utilized for certain objectives, is known as embezzlement. One sort of financial fraud is embezzlement. Embezzlers could make receipts and bills for things that never happened and then spend the money on themselves. Ponzi schemes are an illustration of theft. Other examples include erasing personnel records or stealing money from the business. Businesses experience annual theft losses of about $400 billion. Whether the defendant keeps the personal property or gives it to a third party, embezzlement can nonetheless happen.Learn more about Embezzlement here:
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The managed care plan that is allowed to contract directly with employers to provide health care services is the?
The managed care plan that is allowed to contract directly with employers to provide health care services is the health insurance.
What is managed care plan?Health insurance comes in the form of managed care programs. They have agreements with hospitals and medical centers to provide members with care at lower costs. These suppliers make up the network of the plan. The policies of the network will determine how much of your care the plan will cover.Among the several categories of managed health care programs are: maintenance of health organization (HMO) preferred supplier company (PPO) Service location (POS)The availability of numerous in-network providers, low costs, the provision of credentialed treatment, lower prescription costs, and low cost are some of the most frequently cited advantages of managed care systems.Learn more about managed care plan here:
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Regular employees who have no malicious intentions are still a serious security threat to their organization. T/F
Regular staff members who are not malicious yet pose a substantial security risk to their company. True. Two key categories of data are under danger. Sensitive data, such credit card numbers, passwords, or contact lists, comes first.
The other is data about your online browsing patterns that can be of interest to advertisers. Hacking, phishing scams, and ransomware are examples of common techniques.
Internal threats come from within the company and are typically committed by current or former employees, contractors, business partners, etc. Attacks from within can be purposeful or unintentional. Threats can be broken down into four groups: conditional, veiled, direct, and indirect.
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What+is+the+principal+remaining+after+monthly+payments+have+been+made+on+a+$+-year+loan?+the+annual+interest+rate+is+%+nominal+compounded+monthly
The Correct answer is $14,579
n= 5 years adjusted for monthly payment.
n=5*12
n=60
r= 12% adjusted for monthly payment
r = 0.12 / 12
r = 0.01
LLoan = $20,000
We must first determine the monthly payment:
A = P (A/P, 1%, 60)
A = $20,000 * 0.0222
A = $444
We know that after the 20 payments, 40 payments are remaining.
P = $444 * (P/A, 1%, 40)
Based on the compounding table, if i = 1% then (P/A, 1%, 40) = 32.8346
P = $444 * 32.8346
P = $14,578.56
P = $14,579
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When the opportunity cost associated with increasing the production of one good or service in terms of another is constant at every level of production, then the production possibility frontier is:_________
When the opportunity cost associated with increasing the production of one good or service in terms of another is constant at every level of production, then the production possibility frontier is Linear.
Opportunity costs address the potential advantages that an individual, financial backer, or business passes up while picking one option over another. Since opportunity costs are inconspicuous by definition, they can be barely noticeable.
Opportunity Costs= Absolute Income - Monetary Benefit.
The Production Possibility Frontier (PPF) is a bend on a chart that shows the potential amounts that can be delivered for two items if both rely on a similarly limited asset for their production. The PPF is additionally alluded to as the creation probability bend.
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Airbus’ decision to compete head-to-head with boeing by developing the a330 and a340 was made by ______ managers. ______ managers then executed these plans by producing the aircraft on the factory floor. These production managers were supervised by ______ managers.
Airbus’ decision to compete head-to-head with Boeing by developing the a330 and a340 was made by TOP managers. FIRST LINE managers then executed these plans by producing the aircraft on the factory floor. These production managers were supervised by MIDDLE managers.
LEVELS OF MANAGEMENT
Top-level managers, middle managers, first-line managers, and team leaders are the four most typical categories of managers. These positions differ not just in terms of their daily duties but also in terms of their overall role within the company and the sorts of personnel they supervise.What is the organization's management level?In most organisations, there are three levels of management: top-level management, which is primarily in charge of overseeing all operations; middle-level management, which is in charge of carrying out plans and policies; and low-level management, which is in charge of carrying out specific tasks and producing results.To Learn more about levels of management, Click the links.
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For a monopoly firm, if avc = $35, p = $30, and atc = $40, then the profit-maximizing firm should?
For a monopoly firm, if avc = $35, p = $30, and atc = $40, then the profit-maximizing firm should Shut down.
Shutting down a business results in no revenue and no variable expenses. The company still has fixed costs, though. Consequently, the company's profit is equal to fixed expenses minus (–FC). A business in operation makes money, pays fixed expenses and variable costs.As a general rule, a decision to permanently close down, that is, leave the market, should only be made if revenues are insufficient to pay for all expenditures. It implies that a company incurring losses should eventually close its doors and leave the market.To know more about shut down visit:
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If the price of an item b (which is a substitute for item a) decreases, then people will buy ________ of a
If the price of item B (which is a substitute for item a) decreases, then people will buy LESS of A.
Substitute Goods: In the eyes of the consumer, substitute items are the same as, very similar to, or equivalent to another product. The same wants of the clients can be partially or totally satisfied by substitute goods. The consumer thinks they can therefore be replaced one for the other. Coca-Cola can be substituted with Pepsi-Cola and vice versa.
If the price of item B (which is a substitute for item a) decreases, then people will buy LESS of A.
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If c corporations retain their after-tax earnings, when will their individual shareholders be taxed on the retained earnings?
When will shareholders of C businesses that retain their post-tax profits be subject to individual income tax on those retained profits. When shareholders sell their shares for a profit, they must pay taxes.
C corporations will pay tax at a corporate rate of 21% as of the 2020 tax year (down from 35 percent in 2017). Then, dividends are taxed at the owner's personal marginal tax rate, which is up to 37%. (depending on the tax bracket).
Distributions of money or other assets to shareholders will lower the corporation's earnings and profits (E&P), but they won't affect its taxable income. Taxes are paid by the corporation on its taxable income and by the shareholders on any dividends they receive.
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In general, a company would prefer a ____ quick ratio and a ____ basic earning power ratio.
In general, a company would prefer a higher quick ratio and a higher basic earning power ratio.
What is a quick ratio?A company's capacity to satisfy its short-term obligations using its most liquid assets is measured by the quick ratio, which serves as a gauge of its short-term liquidity position.
It is also known as the "acid test ratio" because it shows how quickly the company can pay down its current liabilities with its near-cash assets (assets that can be quickly converted to cash). A fast test intended to yield results right away is referred to in slang as a "acid test."
The quick ratio compares a company's current obligations to its available liquid assets in terms of dollar value. Current liabilities are a company's debts or commitments that must be paid to creditors within a year, whereas liquid assets are those current assets that can be easily turned into cash with little impact on the price received on the open market.
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If a broker is representing a buyer-client, he or she must negotiate on behalf of the:________
If a broker is representing a buyer-client, he or she must negotiate on behalf of the: buyer
Who is called a buyer in marketing?
Buyers are the very crucial in the market whichever the activities are performed in the market , they are performed for their satisfaction. It is very critical aspects of the market. A person or an institution that buys goods or service is called buyer.
What are buyer characteristics?
The buyer's characteristics influence how the buyer reacts to the given changes. After, the buyer's decision process itself takes place and may changes the buyer's behaviour. Consumer behaviour regarding buying things is affected by cultural, social, personal and psychological characteristics.
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The correct journal entry to record a transaction that involves paying cash for an expense incurred in the same period is ______.
The correct journal entry to record a transaction that involves paying cash for an expense incurred in the same period is accrual process.
For a transaction involving cash payment for an expense made in the same period, the proper journal entry is: -debit expense and credit cash. accumulated costs: expenditures made but not yet documented or paid in cash. A journal entry known as an accrual is used to record income and costs that have already been earned or incurred but for which the corresponding cash sums have not yet been collected or disbursed.
An expense that is recorded on the books before it has been paid is referred to as an accumulated expense, also known as an accrued obligation.
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Ten years ago, you put $150,000 into an interest-earning account. today it is worth $275,000. what is the effective annual interest earned on the account?
The effective annual interest earned on the account is 6.25%
What is the future value of $150,000 invested for 10 years?
The fact the initial deposit of $150,000 turns to $275,000 over a period of 10 years, means that the future value of $150,000 deposited over 10 years is $275,000, in other words, using the future value formula of a single cash flow, we can determine the effective annual interest rate.
FV=PV*(1+r)^N
FV=future value=$275,000
PV=initial deposit=present value=$150,000
r=effective annual interest rate=unknown
N=number of years that deposit lasted=10
$275,000=$150,000*(1+r)^10
$275,000/$150,000=(1+r)^10
1.83333333333333=(1+r)^10
(1.83333333333333)^1=(1+r)^10
divide indexes on both sides by 10
(1.83333333333333)^(1/10)=1+r
r=(1.83333333333333)^(1/10)-1
r=6.25%
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Distinguish between the sources of information about foreign employment and the ways of getting it.
Working for a company in another country is referred to as foreign employment, and you usually only work in one country. This wouldn't be your native country .
While the terms "foreign employment" and "international workforce" (people of a different nationality) are sometimes used interchangeably, the term really refers to a multinational corporation expanding outside of its home country and recruiting there.
Employers prefer foreign employment because they cannot find qualified local employees, necessitating the hiring of foreigners to do the job.
The following are some methods for obtaining information about foreign employment:
Newspapers, notice boards, electronic media (radio, FM, television, etc.), websites, and public programs
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