Deliberate Speed Corporation (DSC) had the following accounts on June 30: accounts payable $27,800, buildings $156,000, cash $58,250, common stock $155,000, equipment $138,000, land $262,000, notes payable (long-term) $3,250, retained earnings $440,100, and supplies $11,900.
During July, DSC engaged in the following activities, Issued 5,500 shares of common stock for $550,000 cash, increasing the common stock account. Borrowed $135,000 cash from a local bank, payable in two years, which increased the notes payable account. Bought a building for $233,000, paying $90,000 in cash and signing a three-year note for the remaining balance, which increased the building account.
Paid cash for equipment costing $225,000, which increased the equipment account. Purchased supplies for $54,250 on account, which increased the supplies account and created an accounts payable liability. In summary, DSC's accounts changed due to issuing stock, borrowing money, purchasing a building, buying equipment, and acquiring supplies. The specific changes in each account can be seen in the examples given.
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Credit card companies allow debtors to make partial payments of about 5% of the total bill. Why do they do this, and do you think this should be legal? Explain
Maxed out movie
Credit card companies allow debtors to make partial payments of about 5% of the total bill because it benefits both the debtor and the credit card company. For the debtor, it provides some relief and flexibility in making payments, especially if they are struggling financially.
From the perspective of the credit card companies, this practice is beneficial because it allows them to generate consistent revenue from interest charges while minimizing the risk of default. It also encourages cardholders to continue using their credit cards, potentially accruing more debt and interest charges.
In conclusion, credit card companies offer the option of minimum payments to provide flexibility to consumers and generate revenue from interest charges. While this practice is legal, consumers should be cautious about relying on minimum payments to manage their credit card debt.
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6.If your company matches 75 cents on the dollar, and you contribute $200 a paycheck, how much will your employee match?
PLZ HELPPP I DONT UNDERSTAND THIS
Answer:
Your employee match will be 0.75 x 200
so only around $17.5
Given Scenario C, they decide to SELL THE INVESTMENT in
22 for $420,000 (post-tax).
Calculate NPV given the sale, also find the option to abandon
and state whether the company should proceed with the
Based on this ratio, the NPV is less than the initial investment, indicating that the company would not have generated enough cash flow to cover the initial investment over the five-year period. Ratio = 0.0154.
Given that Scenario C involves selling the investment for $420,000 post-tax, we can calculate the NPV (Net Present Value) using the following formula:
Now, we need to compare this NPV to the initial investment of $22,000,000.
Initial Investment = 22,000,000
NPV=327,571.43
Ratio = NPV / Initial Investment
= 327,571.43/ 22,000,000
Ratio = 0.0154
However, it's important to note that this calculation assumes that the company will not receive any additional cash flow beyond the initial investment. If there are any additional opportunities for growth or investment, the NPV may be different.
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if a lender refuses to make harry a 30-year mortgage just because harry is 85 years old, they will have violated:
Licensees should take care to display residences only on the basis of clients' expressed housing preferences and without imparting statistics about neighborhood demographics that may bring a cost of steering.
Which of these conditions represents the unlawful exercise of redlining?Hunter, a loan broker, refuses to underwrite mortgage applications from applicants who are shopping for in particular neighborhoods.
What is steerage truthful lending examples?Steering a borrower to a loan with much less favorable phrases due to the fact of his or her race, color, religion, sex (including gender, gender identity, sexual orientation, and sexual harassment), familial status, national origin or disability.
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Trade enhances the economic well-being of a nation in the sense that.
Trade enhances the economic well-being of a nation in the sense that it promotes specialization, encourages efficient resource allocation, and fosters economic growth. By engaging in international trade, countries can focus on producing goods and services in which they have a comparative advantage, resulting in higher productivity and more efficient use of resources.
Moreover, trade allows nations to specialize in the production of goods and services that they are most efficient in, while importing those that they are less efficient in producing. This results in increased productivity and efficiency, leading to a more competitive and dynamic economy. It also leads to cost savings for consumers, who can benefit from lower prices due to the increased competition.
In conclusion, trade plays a crucial role in enhancing the economic well-being of a nation, by providing access to larger markets, promoting specialization and efficiency, and encouraging international cooperation. Additionally, trade increases competition, leading to improved quality and innovation in goods and services. Overall, trade contributes to a nation's economic prosperity and well-being.
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what is a quality certification and why is it important
Answer:
It is important because they indicate that buyers and procurement professionals are dealing with a manufacturer that has reached the highest standards in the industry
name four commercial services which are useful to a manufacturer
70 of 500 respondents say they would visit a trampoline park. What percentage of respondents is this?
a. 14%
b.15.5%
c.17%
d.18.9%
Answer:
a. 14%
Explanation:
Total respondents = 500
100% = 500
1% = 500 ÷ 100 = 5
Since 1% of the 500 respondents is 5 people...
70 ÷ 5 = 14
70 of 500 respondents say they would visit a trampoline park. Thus, the percentage of respondents is 14%. Therefore, option 'A' is the correct option.
What is a percentage?Total respondents = 100% = 500
Therefore, 1% = 500 ÷ 100 = 5
Since, we know that 1% of the 500 respondents is 5 people
70 ÷ 5 = 14
A % in mathematics is a quantity or ratio that is stated as a fraction of 100 (from the Latin per centum, "by a hundred"). Although the abbreviations "pct.", "pct.", and occasionally "pc" are also used, the percent symbol, "%," is frequently used to indicate it. A % lacks dimensions and has no associated unit of measurement.
Long before the decimal system was invented, computations in Ancient Rome were frequently done using fractions that were multiples of 1/100. Centesima rerum venalium, for instance, was a 1/100 tax imposed by Augustus on commodities that were sold at auction. These fractions might be calculated in the same way as percentages.
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a(n) gain is an existing uncertainty that might result in a gain.
An "existing uncertainty" implies a lack of clarity or certainty about a particular situation or outcome. On the other hand, a "gain" typically refers to a positive outcome or benefit.
In the context of risk and uncertainty, a gain would typically be associated with a positive opportunity or potential for profit. However, gains are usually not categorized as uncertainties because uncertainties imply unknown or unpredictable outcomes.
Uncertainties are often associated with risks, which can be categorized as either positive (opportunities) or negative (threats). Positive risks or opportunities refer to situations where there is a possibility of gain or benefit, while negative risks or threats involve potential losses or adverse outcomes.
Therefore, it would be more accurate to say that an existing uncertainty might result in a positive gain or opportunity, rather than labeling the gain itself as an uncertainty.
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Find the present value of a continuous stream of income over 3 years when the rate of income is constant at $35,000 per year and the interest rate is 9%. The present value is $(Round to the nearest dollar as needed.)
When the income rate remains constant at $35,000 per year and the interest rate is 9%, the present value of a continuous revenue stream over three years is $101912.
Time, t = 3 years
Interest rate = 2%
= \(\frac{2}{100}\)
= 0.02
The value of a sum of money today is known as its present value. For instance, if you are promised $110 in a year, the present value is what that $110 is currently worth. The current worth of a future sum that has been gained at a continuously compounded rate is determined using the present value with continuous compounding formula. The current value, time value of money, and continuous compounding are the three ideas that need to be taken into account while using the present value with the continuous compounding formula.
Present value of continuous stream = \(\int\limits^3_0 {35000e^{-(0.02)t} } \, dt\)
\(= -1750000e^{-0.06} + 1750000\)
= 101912.06
The present value is $ 101912.
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In your budgeting process, when should you look at recurring expenses?
after considering entertainment expenses
after your wants but before your needs
before looking at your needs
before reviewing your wants
Answer:
before reviewing your wants
Explanation:
Once the needs are accounted for, it is time to check those recurring expenses that are not considered essential, like home deliveries, internet purchases, and so on, and this check needs to be made before rewiewing your wants, which is the least essential expense category, and thus, the one that can be forgone in case your budget is not enough for it.
A one-year discount bond with a face value of $1,000 that is currently selling for $900 has an interest rate of?
A one-year discount bond with a face value of $1,000 that is currently selling for $900 has an interest rate of 11.1%.
An IOU-like debt security is called a bond. Borrowers create bonds to get money from investors who are willing to lend to them for a set length of time. When you purchase a bond, you are making a loan to the issuer, whether could be a corporate, government, or municipality.
A bond is a sort of instrument used in finance where the issuer owes the holder a debt and is required, depending on the terms, to give the creditor cash flow.
PV = FV / (1 + r)n
r = [FV / PV]1/n - 1
= [$1,000 / $900] - 1 = 1.111 - 1 = 0.111, or 11.1%
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Patent infringement occurs in one of two ways: _______ or _______.
Patent infringement occurs in one of two ways Literal Infringement or Non- Literal Infringement.
The expression Literal Infringement implies that every component presented in a case has an indistinguishable correspondence in the supposedly encroaching gadget or cycle.
Non-Literal Infringement happens while the encroaching gadget or process might be comparable or identical to the asserted creation and carries out considerably a similar role, in significantly the same way and to accomplish significantly a similar outcome.
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why did many pundits assume amazon would fail? responses the firm was based in seattle, rather than silicon valley. the firm was based in seattle, rather than silicon valley. amazon sales were not showing any increase. amazon sales were not showing any increase. amazon was too focused on short-term goals. amazon was too focused on short-term goals. none of the available options are true none of the available options are true the firm was losing money and competing against established brands.
As, many pundits assume Amazon would fail because the firm was losing money and contending against established, well known, offline brands who were going online.
What do you understand by Amazon company?As the Amazon is an online retailers service based company, the company supplies products such as apparel, auto and commercial enterprise items, beauty and wellbeing products, electronics, grocery, books, competitions, jewelry.
As there was, many pundits were assuming that the Amazon would fail, because in their perspective the contending against established, well known, offline brands who were going online.
Therefore, The right option (F) is correct.
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how does sony ever keep reinventing themselves
Sony reinvents itself by continuously adapting to market trends, investing in research and development, and fostering innovation and creativity. By staying up-to-date with the latest technology and consumer preferences, Sony remains relevant and competitive in an ever-changing market.
One of the reasons for Sony's success in reinventing itself is its focus on innovation and technology. The company invests heavily in research and development to bring new and improved products to market, and is constantly looking for ways to stay ahead of the curve.
Additionally, Sony has a strong corporate culture that values creativity and encourages its employees to think outside the box. This has led to the development of a wide range of products, from electronics and gaming to entertainment and financial services.
By keeping an eye on market trends and staying flexible, Sony has been able to continuously evolve and remain relevant in a rapidly changing world.
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Jolene has always wanted to work in Physical Therapy. Which career would be the best choice if she wants to get into a job that has fast-growing availability?
A. Physical Therapist Assistant
B. Physical Therapist Aide
C. Physical Therapist
D. Physical Therapist Technician
help? D:
Answer:
A.) Physical Therapist Assistant
Explanation:
Just did on Edge 2020. Hope this helps you and others out.
The best career choice that would have taken by Jolene in order to work in the field of Physical therapy is to become a Physical Therapist Assistant.
Option A is the correct answer.
What is meant by physical therapy?Physical Therapy is a kind of treatment done by professionals to relieve a person from pain.
Physical therapist Assistants are professionals who are qualified with an accredited degree in the course of Physical Therapy Education. They are worked under the guidance of Physical Therapists. They also helped the physical therapists with the healthcare problems of the infants to the individual who died.
Therefore, the Physical therapist assistant would be the career chosen by Jolene in order to work in the desired field.
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Find the area of a rectangle with the length measuring 8 km and the width measuring 5 km.
A. 26 m2
B. 40 m2
C. 40 km2
D. 26 km2
Answer:
The answer is C. 40 km^2
8km*5km = 40
A = L*W
L = 8 km
W = 5 km
Generate a et of data with no more than eight data point, in which the mean i 4. 5
Here is a sample set of 8 data points with a mean of 4.5:4, 5, 4, 6, 5, 4, 5, 6 with no more than eight data point.
To calculate the mean of a set of data, you add up all the values and divide by the number of values in the set. The mean represents the average value of the set.
In this set of 8 data points: 4, 5, 4, 6, 5, 4, 5, 6
The sum of the values is: 4 + 5 + 4 + 6 + 5 + 4 + 5 + 6 = 39
And when you divide the sum by the number of values, which is 8, you get: 39 / 8 = 4.875
Rounding to one decimal place, the mean is 4.9.
However, to have a mean of 4.5, you would have to adjust the set of data points slightly so that their mean is exactly 4.5.
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Supporters of free trade argue that it creates which economic benefit?
O A. Helping the environment by reducing emissions from shipping
B. Helping consumers by lowering the cost of goods and services
C. Protecting workers by enforcing international labor regulations
D. Promoting independence by reducing reliance on foreign goods
Answer:
B. Helping consumers by lowering the cost of goods and services
Explanation:
In a free-market economy, the private sector owns the factors of production. Entrepreneurs have the freedom to choose the type of business they want to run. Production is not limited to specific firms. Businesses are motivated by profits.
Many buyers and sellers characterize free-market economies. There is increased competition among sellers. The competition makes suppliers innovate to improve the quality of the goods and services they offer to customers. Due to competition, customers get quality products and competitive prices.
Answer:
B. Helping consumers by lowering the cost of goods and services
Explanation:
just got it right!
a public relations professional is spreading the word that an upcoming sporting event will be seen by millions of fans. this will provide many advertising opportunities in the stadium and through the athletes gear.which audience is this hype most aimed toward?
A. potential athletes
B. fans
C. broadcasters
D. sponsors
A broadcast presenter is the face or voice of programs broadcast thru television, radio and the internet. You will work on a variety of systems inclusive of national, nearby, satellite and cable television, local and countrywide radio and online.
The answer is option A.
Many broadcasters and DJs work in radio and television studios or are self-hired. a few work component-time, and schedules may include early mornings, nights, weekends, and holidays.
Broadcasters - abilities, and skills
talk definitely so listeners can apprehend.read and apprehend paintings-related substances.recognize spoken records.concentrate to others and ask questions.apprehend written statistics.Write simply so other people can apprehend.Learn more about broadcast here: https://brainly.com/question/20603937
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Which of the following is not a fixed cost? *
O monthly gym membership
car payment
O rent
O vacation/recreation/fun expenses
True or false: an investment is the current commitment of money or other resources in the expectation of reaping future benefits.
The given statement ' an investment is the current commitment of money or other resources in the expectation of reaping future benefits' is True because investments are made with the goal of generating income or capital gains over time.
Investments can take many forms, including stocks, bonds, real estate, commodities, and more. Each type of investment carries its own risks and potential rewards, and investors must carefully consider their goals, risk tolerance, and time horizon when making investment decisions.
The expectation of future benefits is a key component of an investment. These benefits may take the form of dividends, interest payments, or capital appreciation. Investors must also consider the potential risks associated with an investment, including the possibility of losing some or all of their initial investment.
Overall, the goal of investing is to grow wealth over time through the careful selection of assets that offer a favorable risk-to-reward ratio. Investors must balance the potential for gains with the potential for losses, and make informed decisions based on their personal financial goals and circumstances.
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Assuming James were to take on a sole investor who gives him a total of $100,000 for a 60 percent stake in his company, how much is James’ business valued at?
Part 4. The value of James' business is $166,667. option A
Part 5. the most favorable trade credit term for James would be "2/10, Net 30. Option A
Part 4: To calculate the value of James' business, we can use the concept of valuation based on the investor's stake. If the investor is giving James $100,000 for a 60 percent stake in the company, we can set up a proportion to find the total value of the business.
Let "x" be the total value of the business. We can write the proportion as:
$100,000 / x = 60% / 100%
Simplifying the proportion, we have:
$100,000 / x = 0.6
Cross-multiplying, we get:
0.6x = $100,000
Dividing both sides by 0.6, we find:
x = $100,000 / 0.6
x = $166,667
Therefore, the value of James' business is $166,667.
The correct answer is A) $166,667.
Part 5: As James markets his bike tires to sporting goods manufacturers, the most favorable trade credit terms for him would be those that provide a shorter payment period and offer an early payment discount. This allows James to receive payment quickly and potentially benefit from a discount.
Among the options provided, the trade credit term that would be most favorable to James is "2/10, Net 30." This means that if the manufacturers pay within 10 days, they can take a 2% discount, and if they don't take the discount, the full payment is due within 30 days.
This gives James the advantage of receiving payment earlier if the manufacturers choose to take the discount, or receiving the full payment within a reasonable timeframe if they don't.
Therefore, the most favorable trade credit term for James would be "2/10, Net 30."
The correct answer is "2/10, Net 30."
Option A
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Note the complete question is:
Finance & Banking - HW Savel Help Save & Exit Required information 17 7d. Assuming James were to take on a sole investor... Part 4 of 5 Assuming James were to take on a sole investor who gives him a total of $100,000 for a 60 percent stake in his company, how much is James' business valued at? 434 points Multiple Choice $166667 $100,000 $60,000 $1000.000 Required information 18 As James markets his bike tires to sporting goods manufacturers, what trade credit terms would be the most favorable to him not the manufacturers? Part 5085 Multiple Choice 4.34 points Net 15 Net 30 2/10, Net 60 Net 50 2/10. Net 30
What do you mean by search of trade?Why is it essential?
Answer:
trade means buying and selling good and service
Answer:
it takes time,resourses and money to creat and luanch distinctive and affective brands..in most instances,trade searching id an important first step in any trade registration to avoid adopting brans that infrige third-party trademark rights.
If an engine has a Base Timing of 10° BTDC, but is currently firing at 5°, which is it
Based on the principle of starting engine, the correct answer is turbocharged engine
Turbocharged engineStarting a turbocharged engine, the timing is reduced to compel the peak starting pressure later in the combustion stroke.In conclusion, we can conclude that the correct answer is turbocharged engine.
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off balance-sheet items can generate cash flows that immediately impact the bank's financial performance
Off-balance-sheet items refer to financial transactions or activities that are not recorded on a bank's balance sheet but can still have an impact on its financial performance.
These items are typically contingent liabilities or obligations that may arise from activities such as loan commitments, letters of credit, derivatives, or securitization.
While these items do not directly affect the balance sheet, they can have an immediate impact on the bank's cash flows and financial performance. For example, if a bank has issued loan commitments or letters of credit, it may need to provide the required funds when those commitments are drawn upon. This immediate cash outflow would affect the bank's liquidity and financial position.
Additionally, off-balance-sheet items such as derivatives can generate gains or losses that directly impact the bank's income statement. For instance, if a bank holds interest rate swaps or currency options, changes in market conditions can lead to immediate cash flows from the settlements of these contracts, resulting in gains or losses that affect the bank's financial performance.
Therefore, off-balance-sheet items can play a significant role in generating cash flows that have an immediate impact on a bank's financial performance, even though they are not directly reflected on the balance sheet.
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PLEASE HELP ASAP::::
A tip employee’s earnings most closely resemble those of which of the following?
a.
An employee working on straight commission
b.
An employee working on commission plus salary
c.
An employee working on a piece-rate basis
d.
An employee working on a fixed salary
Please select the best answer from the choices provided
A
B
C
D
Answer: c. An employee working on a piece-rate basis
fashooo
If root 2 = 1.44412 , find the value of root of root 2 minus 1 divided by root 2 plus 1
Answer:
0.7516567698
Explanation:
I have a good caculator!
Cash received prior to delivering a product or performing a service is called a(n) a.unearned asset. b.unearned revenue. c.unearned expense. d.unearned contra-asset.
The correct answer is b. unearned revenue.
Unearned revenue, also known as deferred revenue or advance payments, refers to the cash a company receives from its customers for goods or services that it has not yet delivered or performed. Unearned revenue is considered a liability on the company's balance sheet until the work is completed or the product is delivered, at which point it becomes revenue that can be recognized on the income statement.
Unearned revenue is commonly found in industries such as software and subscription-based services, where customers pay upfront for future access to products or services. It's essential for companies to properly account for unearned revenue to avoid overstating their revenue and profits in a given period.
When a company receives unearned revenue, it records it as a liability on its balance sheet and recognizes it as revenue on the income statement when the associated goods or services are provided. The amount of unearned revenue decreases over time as the company fulfills its obligations to its customers.
In summary, unearned revenue represents cash received by a company before it delivers a product or service to its customers, making it a liability on the company's balance sheet until the related revenue is recognized on the income statement.
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The ultimate success of new products (goods or services) primarily depends on: Select one: a. The reputation of the organization b. Consumers accepting them c. The strength of the marketing efforts d. The organization's brand identity
Consumer acceptance is the primary determinant of the ultimate success of new products.Option b is correct.
The ultimate success of new products (goods or services) primarily depends on consumers accepting them (option b). While the reputation of the organization (option a), the strength of the marketing efforts (option c), and the organization's brand identity (option d) all play significant roles, it is consumers accepting the new products that ultimately determines their success in the market.
Consumers accepting new products means that they find value in the offerings and are willing to purchase and use them. Factors such as the product's quality, features, price, and how well it meets the needs and desires of the target market are crucial in gaining consumer acceptance. Positive word-of-mouth, recommendations, and reviews from satisfied customers also contribute to consumer acceptance.
While a strong organization reputation, effective marketing efforts, and a well-established brand identity can positively influence consumer acceptance, they are not guarantees of success. Without consumer acceptance, even the most reputable organization, powerful marketing campaigns, and strong brand identity may not translate into sustained demand and profitability for new products.
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