The Company is working on a new application for recording internal debts across teams. This program can be used to create groups that show all records of debts between the group members. Given the group debt records observed for this team (including the borrower name, lender name, and debt amount), who in the group has the smallest negative balance

Answer:

Purchases

Date              Qty               Unit Cost               Total Cost

11                     14                    $15                          $210

21                     9                    $16                          $144

Cost of Sales

Date              Qty               Unit Cost               Total Cost

14

                       14                    $15                           $210

                         6                   $16                            $96

25

                        9                    $16                           $144

                        5                    $16                            $80

Total                                                                        $530

Inventory

Qty               Unit Cost               Total Cost

9                        $16                        $144

Total                                                $144

Explanation:

LIFO method assumes that the units to arrive last, will be sold first. Also note that the perpetual Inventory method is used. This means the cost of sales and inventory value is calculated after every transaction.

So with LIFO , Cost of Sales will be calculated on recent  prices (later prices)  whilst Inventory will be valued at  earlier prices (old prices).

Alexander Rees is concerned about appearing knowledgeable in exporting. The some of the factors he mentions in the project letter are

Travel costs

Cultural Differences and exchange rates

Thus option (C) and (D) are correct.

The cost is the expenditure or spending required or incurred to create and sell products and services, or to acquire assets.

When a product is sold or consumed, a cost is charged to expense. In the case of a buying of an asset, the charge to expense could be significantly deferred. The cost concept underlies the transition of assets from the balance sheet to expenses in the income statement.

Alexander Rees is concerned about appearing knowledgeable in exporting. Travel costs and Cultural Differences and exchange are  some of the factors he mentions in the project letter.

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Answer:

I’d ask him what are the stocks he is interested in selling/investing in. And where he would get all these stocks due to the fact that day traders sell everyday. Causing me to question if he’s buying stocks in surplus then selling them for a higher price or perhaps he has stocks of his own he can make a surplus of.

Explanation: Day traders execute many trades throughout the day to capitalize on intraday market price action. Their goal is to profit off of short term price movements.

Answer:

Explanation:

HR processes involved to activities:

Employee leasing and outsourcing → Recruitment

Organizing orientation programs → Training

Expanding certain departments ans closing down others → right sizing

Providing paid vacation time to employee → designing compensation package

Explanation: Correct On Plato!!!

Market power derives from product differentiation since every business creates a distinctive product. Every good has several equivalent alternatives;

Monopolistic competition develops when a number of companies offer similar but different goods. Monopolistic competitors differentiate their products by setting different prices and using different marketing strategies.

Monopolistic competition is a type of imperfect competition in which numerous producers engage in rivalry while selling commodities that can be distinguished from one another (for instance, by branding or quality) and are thus not exact substitutes.

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Answer:

B. 33.66 percent

Explanation:

The common-size analysis involves comparing income statement items to revenue while balance sheet items are related to total assets, hence, the inventory account is a balance sheet item that  would need to compared to total assets.

Common-size percentage= inventory/total assets.

inventory=$218,000

total assets=$647,700

Common-size percentage=$218,000/$647,700

Common-size percentage=33.66%

The thing a borrower can do to take control of their debt is The borrower can create a payment plan.

Debt refers to amount money borrowed or things someone owed a person and promises to refund or return back when it is available.

A borrower borrowed from the lender and it is the borrower that is in debt.

Therefore, The thing a borrower can do to take control of their debt is The borrower can create a payment plan.

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Explanation:

85 ÷ 25.5 = 0.3

0.3 × 100 = 30%

The incidence of an excise tax depends on the price elasticity of the taxed good's supply and demand curves.

How really do extract charges influence the stockpile bend?

One of the six factors that affect supply is the tax on excise. Hey, move the supply curve to the left, increasing the equilibrium price while decreasing the supply. The supply curve will change until the tax equals the vertical distance between the two curves.

Expense Tax A tax on the sale of a product or service is called an excise tax. The excise tax creates a gap between consumers' and producers' prices, resulting in a reduction in transaction volume.

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Answer:

I am pretty sure the answer is A) direct materials

Explanation:

Conversion cost equals direct labour plus manufacturing overhead

Answer:

Exchange Rate and Interest Rate

1. If interest rates in the United States increase more than in the UK, the exchange rate of the US dollars will increase relative to the UK pounds, thus causing the UK pounds to become stronger than the US dollars.

2. US exports to the UK would become cheaper in UK.

3. It would be more expensive for an American tourist to take a vacation to London after the interest rate change because they would need more money to handle the differences.

Explanation:

Generally, higher interest rates in an economy offer investors some higher returns when compared to other countries. These higher interest rates attract foreign capital and cause the exchange rate to rise.  When this happens, the cost of goods and services in the country with the higher interest and exchange rates.  The opposite becomes the case when the interest and exchange rates are lower relative to other countries.

If interest rates in the United States increase more than in the UK, the United states currency would become stronger or appreciate against the British Pound.

As a result of the increase in the value of the US currency, export to the UK would decline because export would become more expensive. It would be less expensive for American tourist to take a vacation to London.

Exchange rate is the rate at which one currency is exchanged for another currency.

If interest rates in the United States increase more than in the UK, there would be an increase in foreign investments in the US. As a result, the demand for the dollar would increase and this would lead to an appreciation of the dollar against the GBP.

As a result of the appreciation of the dollar, export goods to the UK becomes more expensive and imports to the US from the UK becomes cheaper.

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To maximise its profit in the market, the company will offer 80 PCs for $360.

CALCULATION

The market for college computers is intensely competitive. The weekly demand curve for computers in colleges is (Q) = 800 - 2P.

Total weekly earnings (TR) = P*Q

The cost of making computers each week is C(Q) = 1200 + 2Q2.

When MR = MC, the company will make the most money. Comparing marginal income with marginal expenditure.

80 units is the ideal output for college computers.

The will decide on the best price at,

Total weekly earnings (TR) = 360 * 80

Total revenue from college computers = TR - TC

Therefore  to maximise its profit in the market, the company will offer 80 PCs for $360.

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1. Based on the information provided, it is not possible to ascertain whether Nicholas is an unethical manager. However, Joseph’s account of the situation raises some red flags about Nicholas’ behavior.

2. The chosen ethical decision-making concept is fairness, which is one of the key ethical principles in business.

1. Based on the information provided, it is not possible to ascertain whether Nicholas is an unethical manager. However, Joseph’s account of the situation raises some red flags about Nicholas’ behavior. It appears that Nicholas did not take the time to review the contract or the team’s thoughts, but still took over the conversation with the supplier and changed the figures. This behavior could be seen as a violation of the ethical principle of fairness, which involves treating others in a reasonable, equitable, and impartial way. Nicholas’ actions suggest that he did not give due consideration to the team’s input or their efforts to finalize the contract, which could affect their working relationship and trust in him as their manager.

2. The chosen ethical decision-making concept is fairness, which is one of the key ethical principles in business. Fairness is based on the idea of treating all stakeholders equitably and impartially, taking into account their needs, interests, and perspectives. In this case study, Nicholas’ actions appear to violate the principle of fairness by disregarding the efforts of Joseph and his team to finalize the contract, and making unilateral changes without adequate review or discussion.

To analyze this situation using an analytical tool, we can use the Stakeholder Mapping tool, which helps to identify and categorize stakeholders based on their level of interest and power. In this tool, stakeholders are divided into four categories: High power/high interest, High power/low interest, Low power/high interest, and Low power/low interest. In this case, Joseph and his team are the stakeholders with high power and high interest in the situation, as they are responsible for finalizing the contract.

Using the Stakeholder Mapping tool, we can see that Nicholas’ actions have the potential to undermine the trust and collaboration of high power/high-interest stakeholders, who are critical to the success of the project. Specifically, his actions may cause frustration, resentment, and loss of confidence in his management ability. This could result in a breakdown of communication and cooperation, which would ultimately affect the team’s performance and the overall success of the project. Therefore, it is important for Nicholas to consider the perspectives and input of all stakeholders, including those with high power and high interest, when making decisions that affect them. By doing so, he can ensure that his decisions are ethical, fair, and aligned with the needs of all stakeholders.

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The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.

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Answer:...

Explanation:

Stine Corp.'s trial balance reflected the following account balances at December 31, 2014:

Accounts receivable (net) $19,000

Trading securities 6,000

Accumulated depreciation on equipment and furniture 15,000

Cash 16,000

Inventory 30,000

Equipment 25,000

Patent 4,000

Prepaid expenses 2,000

Land held for future business site 18,000

In Stine's December 31, 2014 balance sheet, the current assets total is [A] (please enter your answer as a whole number without any dollar sign, thousand separator, or decimal points.

Answer:

$28,300

Explanation:

Missing word: "Calculate free cash flow."

Free cash flow = Operating cash flow - Capital expenditures - Dividends

Free cash flow = $361,200 - $206,000 - $126,900

Free cash flow = $28,300

So, the Free cash flow of Hinck Corporation is $28,300.

Part B) The adjusting journal entries to the accounts of Banners Inc. are as follows:

Debit Bank Charges $50

Credit Cash $50

Debit Cash $4,000

Credit Notes Receivable $4,000

Debit Cash $396

Credit Accounts Payable $396

Debit Accounts Receivable $200

Credit Cash $200

Bank Charges $50 Cash $50

Cash $4,000 Notes Receivable $4,000

Cash $396 Accounts Payable $396

Accounts Receivable $200 Cash $200

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Data integration enables businesses to combine pertinent data from several sources onto a single platform, giving users a real-time perspective of corporate performance. Making decisions that can hasten business progress requires the transformation of data into meaningful information.

The process of merging data from several source systems to produce uniform sets of information for both operational and analytical usage is known as data integration.

The process of merging data from various sources into a single, cohesive perspective is known as data integration. Integration involves procedures like cleansing, ETL mapping, and transformation and starts with the ingestion process.

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Answer: 165,000

Explanation:

To compute the company’s residual income for the year, we can use the formula:

Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)

Given: Net Operating Income = $420,000 sales = $1,500,000

Average Operating Assets = $1,700,000

Minimum Required Rate of Return = 15% = 0.15

Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)

Residual Income = $420,000 – (0.15 x $1,700,000)

Residual Income = $420,000 – $255,000

Residual Income = $165,000

Therefore, the company’s residual income for the year was $165,000.

Shares refer to a unit of ownership in a company, also known as stocks. The shares are purchased by investors, and the amount of shares an investor buys is proportional to the percentage of ownership in the company. There are two primary types of shares, which are Ordinary shares and Preference shares.

Ordinary shares Ordinary shares are the most common types of shares that companies offer. Owners of these shares have voting rights at the company's general meetings, and they get a proportion of the company's profits in the form of dividends. The shareholders are typically last in line in the event of bankruptcy, and they receive the least priority in payment.

Preference shares Preference shares are those shares that offer preference over the ordinary shares in terms of dividend payments. The preference shareholders receive dividends before the ordinary shareholders. Preference shares have two categories: cumulative preference shares and non-cumulative preference shares. Cumulative preference shareholders receive their unpaid dividends before the ordinary shareholders, and non-cumulative preference shareholders don't receive their unpaid dividends if the company isn't making any profits. Preference shareholders don't have voting rights in most cases, but they do get the advantage of receiving dividends before the ordinary shareholders.

In conclusion, understanding the different types of shares is vital for investors to make informed investment decisions. By knowing what each type of share entails, investors can choose the right type of share that suits their investment goals.

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Answer:

*Nominal Interest Rate

*Can

*EAR

*Annual

*Higher

Explanation:

Here is the complete question;

Different compounding periods, are used for different types of investments. In order to properly compare investments or loans with different compounding periods, we need to put them on a common basis. In order to do this, you need to understand the difference between the nominal interest rate (INOM) and the effective annual rate (EAR). The__________ interest rate is quoted by borrowers and lenders, and it is also called the annual percentage rate (APR). If the compounding periods for different securities is the same, then you____________ use the APR for comparison. If the securities have different compounding periods, then the____________ must be used for comparison. Here, M is the number of compounding periods per year and INOM/M is equal to the periodic rate (IPER). If a loan or investment uses___________ compounding, then the nominal interest rate is also its effective annual rate. However, if compounding occurs more than once a year, EAR is___________ INOM. Quantitative Problem: Bank 1 lends funds at a nominal rate of 6% with payments to be made semiannually. Bank 2 requires payments to be made quarterly. If Bank 2 would like to charge the same effective annual rate as Bank 1, what nominal interest rate will they charge their customers? Round your answer to three decimal places. Do not round intermediate calculations.__________ %

Different compounding periods, are used for different types of investments. In order to properly compare investments or loans with different compounding periods, we need to put them on a common basis. In order to do this, you need to understand the difference between the nominal interest rate (INOM) and the effective annual rate (EAR). The____Nominal______ interest rate is quoted by borrowers and lenders, and it is also called the annual percentage rate (APR). If the compounding periods for different securities is the same, then you_____can_______ use the APR for comparison. If the securities have different compounding periods, then the_______EAR_____ must be used for comparison. Here, M is the number of compounding periods per year and INOM/M is equal to the periodic rate (IPER). If a loan or investment uses____annual______ compounding, then the nominal interest rate is also its effective annual rate. However, if compounding occurs more than once a year, EAR is______higher_____ INOM. Quantitative Problem: Bank 1 lends funds at a nominal rate of 6% with payments to be made semiannually. Bank 2 requires payments to be made quarterly. If Bank 2 would like to charge the same effective annual rate as Bank 1, what nominal interest rate will they charge their customers? Round your answer to three decimal places. Do not round intermediate calculations.__________ %

CALCULATION PART

what nominal interest rate will they charge their customers?

Effective annual rate= (1+nominal rate/n)^n -1)

n= compounding period

Effective annual rate=[(1+0.06/2)^2 -1]

[(1+0.06/2)^2 -1]

= (1+0.03)^2 -1

=1.0609-1

=0.0609

= 6.09%

They will charge it 6.09%

There are four quarter in a year which means n=4

Let the nominal rate = x

Using the effective annual rate formula

0.0609=[ (1+x/4)^4 -1]

0.0609+1= (1+x/4)^4

(1.0609)^1/4 = 1+x/4

1.01489= 1+x/4

1.01489-1= x/4

x= 0.01489×4

x= 0.05956×100

x= 5.956%

Hence, effective annual rate for the both banks is 6.09%

While nominal annual rate for bank2 is 5.956%

,

1. Paid Office Station Co. for part of the debt incurred on April 5, $1,200.

Debit: Accounts Payable - Office Station Co.$1,200

Credit: Cash $1,200

2. Provided services on account, $4,200.

Debit: Accounts Receivable $4,200

Credit: Service Revenue  $4,200

To pay off the remaining balance owing to Office Station Co., a debit is sent to the accounts payable account. To account for the cash outflow, the Cash account is credited. This journal entry records the settlement of a portion of the debt incurred on April 5 with Office Station Co.

The acknowledgment of revenue for services rendered to a client on the account is represented by this journal entry. To reflect the increase in the amount due by the client, the Accounts Receivable account is debited.

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The complete question is probably

Write journal entries

12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.​

Answer:

1255

Explanation:

gh\\667

Thus, the tuition fee for 6 years would be $72,000, and after paying the tuition fees in the next 6 years, the remaining amount would be $35,491.81.

Given that you need to pay $ 12000 tuition fee at the end of each year in the next 6 years, to determine what is the amount that you need to prepare today to pay all the tuition fees in the next 6 years, assuming that you have 60476 USD right now and will be invested at 8% per year, and determine, after paying the tuition fees in the next 6 years, what is the remaining amount at the end of year 6, the following calculations must be made:

Thus, the tuition fee for 6 years would be $ 72,000, and after paying the tuition fees in the next 6 years, the remaining amount would be $ 35,491.81.

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Answer:

Select asks which to pay off first: Credit card debt or student loan debt? According to Bruce McClary, a spokesman for the NFCC, there's a special rule.

The computation of the depreciation expense for each year and accumulated depreciation under the four depreciation methods are as follows:

Year 1   = $110,000 (220,000 x $0.50)

Year 2  = $62,300 (124,600 x $0.50)

Year 3  = $60,900 (121,800  x $0.50)

Year 4  =   $4,300 ($237,500 - $233,200)

Accumulated Depreciation = $237,500

Year 1 = $59,375

Year 2 = $59,375

Year 3 = $59,375

Year 4 = $59,375

Accumulated depreciation = $237,500

Year 1 = $128,750 ($257,500 x 50%)

Year 2 = $64,375 ($128,750 x 50%)

Year 3 = $32,187.50 ($64,375 x 50%)

Year 4 = $12,187.50 ($237,500 - $225,312.50)

Accumulated depreciation = $237,500

Year 1 = $95,000 ($237,500 x 4/10)

Year 2 = $71,250 ($237,500 x 3/10)

Year 3 = $47,500 ($237,500 x 2/10)

Year 4 = $23,750 ($237,500 x 1/10)

Accumulated depreciation = $237,500

Cost of equipment = $257,500

Estimated useful life = 4 years

Salvage value = $20,000

Depreciable amount = $237,500 ($257,500 - $30,000)

Estimated production units = 475,000 units

Units of production depreciation rate = $0.50 ($237,500/475,000)

Depreciable amount = $237,500 ($257,500 - $30,000)

Annual depreciation = $59,375 ($237,500/4)

Depreciation rate = 50% (100/4 x 2)

Sum of the years digit = 10 (1 + 2 + 3 + 4)

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Jiro', £50 000 in the savings account will be worth £54636.35 after 3 years.

Savings accounts are deposit accounts that often pay more interest than checking accounts that do. Savings accounts place a cap on the number of specific transfers and withdrawals that can be made from the account throughout each cycle of monthly statements. Savings accounts are a secure place to save cash that you might need at a moment's notice. Almost any bank or credit union allows you to start one, frequently totally online and with little to no initial deposit. These accounts consistently pay the stated rate of interest, and while some have little fees, most do not.

Given,

Principle amount P = £50000

Rate of interest = 3% = 0.03

Time period T = 3 year

Total amount = P(1 + R)^T

Total amount = 50000(1 + 0.03)^3

= £54636.35

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