The steps above will provide a starting point for determining the ideal shipment frequency for the Lenox Mall store with Brinks.
To determine the ideal shipment frequency in terms of shipments per year with Brinks for the Lenox Mall store, we need to consider the holding cost percentage of 25%.
1. Calculate the annual holding cost:
- Identify the average inventory value held at the Lenox Mall store.
- Multiply the average inventory value by the holding cost percentage (25%) to obtain the annual holding cost.
2. Determine the order cost:
- Consider the cost associated with each shipment from Brinks to the Lenox Mall store.
- This cost can include transportation fees, handling charges, and any other relevant expenses.
3. Calculate the economic order quantity (EOQ):
- Use the EOQ formula: EOQ = √((2 * annual demand * order cost) / annual holding cost)
- Substitute the values of annual demand (based on the store's needs), order cost (from step 2), and annual holding cost (from step 1).
4. Determine the ideal shipment frequency:
- Divide the annual demand by the EOQ obtained in step 3.
- This will give you the ideal shipment frequency in terms of shipments per year.
It is important to note that the actual shipment frequency may vary based on other factors such as supplier lead time, storage capacity, and customer demand fluctuations.
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The entry to replenish the petty cash fund requires
\begin{array}{ll} \text{Debit} & \text{Credit}\\ \hline \text{a. Petty Cash Fund} & \text{Cash}\\ \text{b. Petty Cash Expense} & \text{Petty Cash Fund}\\ \text{c. Cash} & \text{Petty Cash Fund}\\ \text{d. Various Expense accounts} & \text{Cash}\\ \end{array}
Debit
a. Petty Cash Fund
b. Petty Cash Expense
c. Cash
d. Various Expense accounts
Credit
Cash
Petty Cash Fund
Petty Cash Fund
Cash
The entry would result in an increase in expenses and a decrease in cash when replenishing the petty cash fund. In this way, the passage would incorporate charge to costs and credit to cash. When the petty cash fund is set up and its balance is increased, a debit is made to the petty cash account.
Which entry can be used to replenish petty cash?Both the cash account and the petty cash account are debited and credited by the petty cash journal entry. The negligible money caretaker tops off the frivolous money cabinet or box, which ought to now contain the first measure of money that was assigned for the asset. Petty cash receipts are recorded in a journal entry by the cashier.
Where does the money for the petty cash come from?On a regular basis or when the cash fund is low, the custodian is in charge of replenishing the Petty Cash Fund. Because Petty Cash is a loan from Banking & Merchant Services, the money spent on it must be repaid at least once in order to bring the Petty Cash Fund back to its authorized balance.
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If an entrepreneur can establish a strong and trustworthy management team, then the
risk might be avoided.
O compliance
O financial
strategic
operational
Mark this and return
Ne
Answer:
operational
Explanation:
bc it is
If an entrepreneur can establish a strong and trustworthy management team, then the operational risk might be avoided. Thus option D is correct.
What is Team?When a group of people come together in an official setting and in a disciplined manner to achieve the common objective of business with individual roles and shared responsibilities representing teams.
A strong and trustworthy management team helps in better controlling and coordinating events which help to avoid operational risk and helps in producing efficient results with productivity.
The enforcement of laws safeguarding the environment and employees helps to reduce compliance risk, and building a stable number of clients helps in reducing financial risk.
Therefore, option D operational is appropriate.
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why should my conscience bother me vandivier
"Why Should My Conscience Bother Me" is a case study that focuses on the ethical implications of decision-making in business.
The study presents a scenario in which an individual is faced with a choice between participating in a business deal that may violate their personal values and ethical standards, or declining the opportunity and potentially missing out on financial gains. The case study raises important questions about the role of ethics and values in business, and how they should inform decision-making. It highlights the importance of considering both financial and non-financial factors when making business decisions, and the potential long-term consequences of actions that may seem advantageous in the short term. In making their decision, the individual in the case study must consider the impact of their actions on their personal reputation and integrity, and weigh the potential financial rewards against the potential harm to their conscience. The study also touches on the importance of considering the broader societal impact of business decisions, and how they may affect the larger community. The case study encourages individuals to reflect on their own values and principles, and to act in accordance with their conscience in business. It highlights the need for individuals to make decisions that align with their personal values and beliefs, and to consider the impact of their actions on others.
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true or false in the late 1800s, farm families in the trans-mississippi west became less dependent on loans as they were able to purchase land, machinery, and industrial products despite the prices for agricultural goods in the world market.
The given statement "In the late 1800s, farm families in the trans-Mississippi became less dependent on loans as to purchase land and industrial products for agricultural goods market" is False because geographic area experienced the most dramatic growth in capitalism.
The capitalism is an economic and political system in which a country's trade and industry are controlled by the private owners for profit.
That's why, it is wrong statement that in the late 1800s, farm families in the trans-Mississippi west became less dependent on loans as they were able to purchase land, machinery, and manufacturing products whose costs for agricultural goods.
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How is the change in cash classified on the statement of cash flows?.
Change in cash flow is classified as either operating, investing and financing
Cash FlowCash flow is the inflow or outflow of money in an organisation, so basically the organisation takes in money for services rendered and gives out money for payment made.
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Drivers can incur fines for the following reasons:
A. Obstructing driveway issues on Complaint $60.50
B. Parking in a Handicap space/no plate or card $200.00
C. Parked on sidewalk $25.00
D. All the Above
Answer:
D. All of the above
Explanation:
Answer:
All of the above
Explanation:
You can deduct money on all these reasons
If a manufacturer is currently working to position its retail stores and determining how they will implement the four Ps, what are they doing
If the demand for a product decreases, what is likely to happen?
A.
The supply is likely to increase.
B.
The demand is likely to be inelastic.
C.
The price is likely to increase.
D.
The price is likely to decrease.
which one of these is an example of a necessary debt
Answer:
An example of unnecessary debt is when you change your clothes and don't really need on a high-interest score. Thus option C is correct.
What is unnecessary debt?
An unnecessary debt can be caused by a variety of issues such as expensive life events, having children, or moving to a new house. It may also be due to poor money management. The debt is due to those things that are not needed and hence are unnecessary.
Explanation:
PROBLEM: The Chicago Cubs play their home games at Wrigley Field, located in the Lakeview neighborhood of Chicago. A recent New York Times study concluded that the probability that a randomly selected Lakeview resident is a Cubs fan is 0.44.
(a) Interpret this probability as a long-run relative frequency.
Answer:
If a large Number of Lakeview residents are questioned, about 44% of them will be Club fans.
Explanation:
Reporting the probability outcome of a singular observation are usually reported as stated above, that the probability of a random sample of Lakeview resident being a club fan is 0.44%. However from a long run relative frequency approach, it requires just more Than one random sample but a large number of samples being evaluated over time.
Hence to expresa as a long run relative frequency, it could be stated as ; report gathered from many Lakeview residents, about 44% of them are Club fans.
Planing is the primary function of management.discuss
Explanation:
it is a primary function of management because it help in making the business and it makes it easier for the employees and everyone involved in the business in the workforce to see what is going to happen in the business and it's important for making decisions and such as trading and different types of that can a decision so it can also make it easier for the employees and the whole business to run smoothly because if you have a plan for everything then you can easily basically just you know work according to your needs and you can just flourish as a business
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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which of the following is true in regard of taxation of a c corporation? A. no tax income B. pass through taxation C. triple taxation on income D. double taxation on income
Answer:
B
Explanation:
Pass-through taxation out of the following is true in regard to the taxation of a c corporation. The correct option is B.
What is pass-through or through taxation?A flow-through entity is a company whose profits are distributed directly to its shareholders, owners, or investors. As a result, only individuals, not businesses, are taxed on revenue, avoiding double taxation.
C corporations are taxed as pass-through entities, which means that if the corporation's profits are distributed to its shareholders in the form of dividends, the shareholders must pay personal income tax on such dividends.
The corporate income tax rate may be preferable. Large investors prefer C corporations to pass-through entities because their income is taxed at the corporate level and they are not subject to tax and filing requirements.
Thus, the ideal selection is option B.
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Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) 50 b) $865.94 C) $991.36 d) $1156.36
Option(A) is the correct answer. Krishna will receive a disability benefit of $660 under the CPP.
To determine the disability benefit that Krishna will receive under the CPP, we need to consider a few factors. First, let's calculate the disability benefit based on the provided information:
The flat-rate disability amount is $496.36 per month.
The maximum monthly disability benefit is $1362.30.
Krishna's entitlement to a CPP retirement benefit is $660 per month.
To calculate the disability benefit, we compare the retirement benefit to the flat-rate disability amount and the maximum monthly disability benefit:
The disability benefit will be the lesser of:
The retirement benefit ($660)The flat-rate disability amount ($496.36) plus the retirement benefit minus the flat-rate disability amount.Let's calculate the disability benefit based on the above formula:
Disability benefit = min(retirement benefit, flat-rate disability amount + retirement benefit - flat-rate disability amount)
= min($660, $496.36 + $660 - $496.36)
= min($660, $660)
= $660
Therefore, Krishna will receive a disability benefit of $660 under the CPP.
Option (a) 50, option (b) $865.94, option (c) $991.36, and option (d) $1156.36 are not correct based on the given information. The correct answer is that Krishna will receive a disability benefit of $660 under the CPP.
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Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) $660 b) $865.94 C) $991.36 d) $1156.36
20. One way the federal government can control inflation is to increase
A) the money supply.
B) public spending.
C) the tax rate.
D) bank regulation
One way the federal government can control inflation is to increase public spending.
Therefore, Option B is the correct option.
What is Inflation?In the field of economics, inflation is the broad term for a rise in the cost of goods and services across an economy. Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.
In conclusion, inflation is the term used to describe a long-term, widespread increase in the cost of goods and services throughout the economy, which reduces both consumer and company purchasing power. In other words, a dollar (or whatever currency you choose to pay with) will not buy as much today as it did yesterday.
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3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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Two Different Silicon Wafer Milling Machines Are Being Evaluated. Machine 1 Costs $270,000, Has A Three-Year Life, And Has Pre-Tax Operating Costs Of $69,000 Per Year. Machine II Costs $475,000, Has A Five-Year Life, And Has Pre-Tax Operating Costs Of $36,000 Per Year. Both Milling Machines Are In Class 8
Can someone help me with this question? thanks
Two different silicon wafer milling machines are being evaluated.
Machine 1 costs $270,000, has a three-year life, and has pre-tax operating costs of $69,000 per year. Machine II costs $475,000, has a five-year life, and has pre-tax operating costs of $36,000 per year.
Both milling machines are in Class 8 (CCA rate of 20% per year). Assume a salvage value of $45,000. If your tax rate is 35% and your discount rate is 10%, calculate the EAC for both machines.
EAC (Equivalent Annual Cost) is a financial metric that calculates the annual cost of owning and operating an asset over its lifetime.
It is a useful tool for comparing the total cost of different assets with varying life spans and purchase prices. EAC is also known as the annualized cost or levelized cost. It can be calculated using the following formula: EAC = (C + R) * (1 + D) / (((1 + D)^n) - 1)Where,C = Capital Costs,R = Recurring Costs,D = Discount Rate,n = Life of the assetIn this problem, we have two different silicon wafer milling machines to evaluate. Let's calculate the EAC for both machines using the given data.Therefore, the EAC for Machine 1 is $123,408.12 and the EAC for Machine 2 is $115,143.65. Hence, the EAC for the machine 2 is the less costly machine.
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You are CEO of a small manufacturing firm in the Midwest. What transformational leadership behavior are you exhibiting if you genuinely care for employees and show compassion in actions, encourage continuous development and growth of employees and are sympathetic to problems faced by employees
As a CEO of a small manufacturing firm in the Midwest, exhibiting transformational leadership behavior that genuinely cares for employees and shows compassion in actions, encouraging continuous development and growth of employees.
To explain this further, transformational leadership is a style that involves inspiring and motivating employees to achieve their full potential. This leadership style emphasizes the importance of communication, collaboration, and team-building to foster a positive workplace culture.
In this scenario, the CEO is exhibiting transformational leadership behavior by genuinely caring for employees and showing compassion in actions. This behavior helps to build trust and fosters a sense of belonging among employees. Additionally, the CEO is encouraging continuous development and growth of employees, which is an important aspect of transformational leadership. By providing opportunities for training, education, and skill-building, employees feel valued and motivated to improve their performance.
Finally, the CEO is sympathetic to problems faced by employees, which is a key component of transformational leadership. This behavior helps to create a supportive work environment where employees feel comfortable bringing up issues and seeking help when needed.
Overall, the CEO's behavior is consistent with transformational leadership, which is a powerful approach to leadership that has been shown to improve employee satisfaction, performance, and retention.
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how to right a conclusion for human resources
Answer:
The conclusion should state once again the problems and solutions that you have arrived at during your research. Learning how to write a human resources essay requires you to be keen on making a good summary of the interpretations and observations described in the main body of the paper.
Explanation:
Hope this helps
Stress and crisis management how do you write the essay
Answer:
Crisis management is the systematic attempt to prevent or manage organizational crises, that is, a serious emergency in which the functioning of an organization is seriously disrupted.
Crisis management encompasses methods to predict, assess, analyze and prevent emergency situations. A step prior to crisis management is to prevent technical and human failure. The response is then discussed: agreements are made about how command structures and lines of communication operate in the event of a crisis. In particular, the onset of a crisis is often chaotic and plans are drawn up for this until recovery and normalization of the situation occurs.
Routine tasks and paperwork, as well as jobs that help your subordinates grow, are tasks that
A) a manager should delegate, according to Edgar Schein.
B) a manager should not delegate, according to Edgar Schein.
C) a manager should never delegate, according to Frank Gilbreth.
D) should be delegated, according to Maslow.
E) should not be delegated, according to Maslow.
According to Edgar Schein, routine tasks and paperwork, as well as jobs that help your subordinates grow, are tasks that a manager should delegate. This is because delegating these tasks frees up the manager's time to focus on more important and strategic tasks that only they can do, such as decision-making and long-term planning. Delegating routine tasks and paperwork can also help subordinates develop their skills and take on more responsibility, leading to their professional growth. Therefore, option A is the correct answer.
Frank Gilbreth did not specifically state that these tasks should never be delegated, and Maslow's hierarchy of needs theory does not provide a clear answer on this topic.
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The price of gas has increased and people are moving away from their old gas guzzlers to more fuel-efficient cars. This is an example of –
learning effect
complementary effect
income effect
substitution effect
Answer:
Substitution effect
Explanation: From the word substitute, the substitution effect could be inferred to mean the shift from a certain product or market to another usually due to increase in the price of the currently favored product to an alternative which seems less pricier and delivers almost the same level of quality. In most instances, economic imbalance often leads to consumers seeking for substitute products in other to balance up with their earning. When the price of a increases without simultaneousnincrease in economic growth which also translates into higher earning by consumers, then consumers will have to seek alternative products in other to maintain and balance spending.
If the price of a gas or an item increase then the people start to move towards those items that have less or least cost sech as in the case of the old fuel-efficient cars to fuel-efficient.
This is known as the substitution effect. The effect is one consumer price theory that is the effect of changes in the price of a good on the amount being demanded. For an example the coffee and tea are demanded and of there is a rise in the rise of coffee then the consumers of hot drinks may decide to take in tea.Hence the option D is correct.
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true or false sourcing from multiple suppliers is used to ensure a degree of competition among suppliers and guarantee the possibility of a backup if a source fails to deliver.
Sourcing from multiple suppliers is used to ensure a degree of competition among suppliers and guarantee the possibility of a backup if a source fails to deliver - True.
Sourcing from multiple suppliers is a strategy commonly used to ensure a degree of competition among suppliers and to guarantee a backup option in case one supplier fails to deliver. By engaging multiple suppliers, organizations can create a competitive environment where suppliers strive to provide better quality, pricing, and service. This competition can lead to improved efficiency and cost-effectiveness for the sourcing organization.
Additionally, having alternative suppliers mitigates the risk of disruptions in the supply chain. If one supplier encounters issues such as delays, capacity constraints, or quality problems, the organization can rely on other suppliers to fulfill its needs. Therefore, sourcing from multiple suppliers offers the benefits of competition and supply chain resilience.
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True. Sourcing from multiple suppliers is a common practice used by organizations to ensure a degree of competition among suppliers and provide a backup option in case one source fails to deliver.
By diversifying their supplier base, organizations can create competition among suppliers, which can lead to better pricing, quality, and service. It also reduces the risk of relying solely on one supplier, as having alternative sources mitigates the impact of potential disruptions or failures in the supply chain. This strategy helps to maintain a reliable and consistent supply of goods or services, ensuring business continuity and reducing vulnerability to supply chain disruptions. Overall, sourcing from multiple suppliers offers flexibility, competitive advantage, and risk mitigation for organizations.
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which of the following is true about corporate boards?
Corporate boards provide strategic guidance and oversight to the company. This is the true statement about corporate boards. The correct option is c.
A corporate board is a group of people chosen to control and steer a corporation. Shareholders typically elect a board of directors to oversee the corporation's management. A board's responsibilities can include selecting and dismissing key executives, establishing corporate strategy, and monitoring corporate performance.
Corporate boards are not responsible for day-to-day operational decisions, as these are typically delegated to the company's management. The board is responsible for providing guidance to the management and ensuring that they work towards the company's goals.
Corporate boards are typically composed of both company employees and outside individuals with relevant expertise and experience. The board's composition should be such that it can effectively oversee the company and provide guidance to management. In conclusion, corporate boards provide strategic guidance and oversight to the company. The correct option is c.
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NOTE- Complete question is given here
Which of the following is true about corporate boards?
A) Corporate boards are responsible for day-to-day operational decisions.
B) Corporate boards are composed solely of company employees.
C) Corporate boards provide strategic guidance and oversight to the company.
D) Corporate boards are elected by the shareholders of the company.
corporate boards are responsible for overseeing the management and strategic direction of a company, protecting the interests of shareholders, and ensuring the long-term success of the company.
corporate boards play a crucial role in overseeing the management and strategic direction of a company. They are responsible for protecting the interests of shareholders and ensuring the long-term success of the company. Some key characteristics of corporate boards include:
composition: Corporate boards are typically composed of a mix of independent directors and executives from the company. Independent directors provide objectivity in decision-making as they do not have significant financial or personal ties to the company.governance: Corporate boards establish and enforce corporate governance policies and practices. This includes setting ethical standards, determining executive compensation, and managing risks. They also oversee the appointment and evaluation of senior executives.fiduciary duty: Directors have a fiduciary duty to act in the best interests of the company and its shareholders. They must exercise due care, loyalty, and good faith in their decision-making.committees: Corporate boards often have committees, such as audit, compensation, and nominating committees. These committees focus on specific areas of governance and oversight, ensuring specialized expertise and thorough examination of relevant issues.accountability: Corporate boards are accountable to the shareholders and provide regular reports on the company's performance and financial health. They are also responsible for addressing any concerns or conflicts of interest that may arise.These characteristics may vary depending on the specific company and its governance structure.
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"
Charles wants to work for himself in the Transportation and Logistics career cluster. Which lists the jobs with the
best chance self employment from highest to lowest
O Brownfield Redevelopment Specialists --Taxi Drivers - Mechanics Logisticians
Taxi Drivers - Brownfield Redevelopment Specialists Logisticians - Mechanics
O Logistians - Mechanics - Taxi Drivers - Brownfield Redevelopment Specialists
Mechanics - Logisticians - Brownfield Redevelopment Specialists -- Taxi Drivers
Which might a sports or an event organization search to obtain marketing
information?
1 The Internet
2 Foundations
3 Newsletters
4 Media
Answer:
internet
Explanation:
because internet system is global
Use the following to answer questions 8-11
The following information pertains to JR, Inc. for the month of November:
Credit sales $880.000
Accounts payable $35.000
Accounts receivable $81.000
Allowance for Uncollectible accounts $500 credit
Cash sales $200.000
JR uses the percent of receivables method and estimates it will not collect 5% of accounts receivable.
8. $____Determine the ending balance for the Allowance for Uncollectible Accounts
9. $____Determine the appropriate amount to record for Bad Debt expense
10.$____ Assuming the Allowance for Uncollectible accounts had a $100 debit balance instead, determine the amount to record for Bad Debt expense
11. $_ __After recording bad debt expense the Net Accounts Receivable is:
The ending balance for the Allowance for Uncollectible Accounts is -$3,550. The appropriate amount to record for Bad Debt expense is $4,050. After recording bad debt expense, the Net Accounts Receivable is $84,550.
8. To determine the ending balance for the Allowance for Uncollectible Accounts, we need to calculate the estimated uncollectible amount. Given that JR estimates it will not collect 5% of accounts receivable, the estimated uncollectible amount is 5% * $81,000 = $4,050. Since the Allowance for Uncollectible Accounts currently has a credit balance of $500, we need to subtract the estimated uncollectible amount from it: $500 - $4,050 = -$3,550. Therefore, the ending balance for the Allowance for Uncollectible Accounts is -$3,550.
9. The appropriate amount to record for Bad Debt expense is equal to the estimated uncollectible amount, which is $4,050.
10. If the Allowance for Uncollectible Accounts had a $100 debit balance instead, we would need to adjust the calculation. In this case, we would still calculate the estimated uncollectible amount as 5% * $81,000 = $4,050.
However, since the Allowance for Uncollectible Accounts has a debit balance, we would need to subtract the estimated uncollectible amount from it: $100 - $4,050 = -$3,950.Therefore, the amount to record for Bad Debt expense, assuming a $100 debit balance, would be -$3,950.
11. After recording the Bad Debt expense, the Net Accounts Receivable is calculated by subtracting the ending balance of the Allowance for Uncollectible Accounts from the Accounts Receivable. Given that the Accounts Receivable is $81,000 and the ending balance for the Allowance for Uncollectible Accounts is -$3,550, the Net Accounts Receivable is calculated as $81,000 - (-$3,550) = $84,550.Therefore, after recording the Bad Debt expense, the Net Accounts Receivable is $84,550.
Therefore, The ending balance for the Allowance for Uncollectible Accounts is -$3,550. The appropriate amount to record for Bad Debt expense is $4,050. After recording bad debt expense, the Net Accounts Receivable is $84,550.
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a customer buys $10,000 of a new issue 10 year corporate bond at 92, at maurutiy the customer will have
The customer will have a total of $5,800 at maturity.
To calculate the value of the bond at maturity, we need to know the face value, coupon rate, and yield to maturity of the bond. However, since only the purchase price and the time to maturity are given, we cannot determine the exact value at maturity.
Assuming that the face value of the bond is $10,000, and the coupon rate is 5%, we can calculate the annual interest payment as:
Annual Interest Payment = Face Value x Coupon Rate
Annual Interest Payment = $10,000 x 5% = $500
Since the bond has a 10-year maturity, the total interest payments over the life of the bond will be:
Total Interest Payments = Annual Interest Payment x Number of Years
Total Interest Payments = $500 x 10 = $5,000
If the customer bought the bond at a price of 92, they paid $9,200 for the bond. At maturity, the customer will receive the face value of the bond, which is $10,000. Therefore, the total return on the bond will be:
Total Return = Face Value - Purchase Price + Total Interest Payments
Total Return = $10,000 - $9,200 + $5,000 = $5,800
Thus, the customer will have a total of $5,800 at maturity.
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Which factors can affect a stock's price? Check all that apply.
RE
market performance
the company's financial health
the quantity products produced
location of the company
the economy