True or false: a firm should have a mix of projects that best supports it's strategy.

Answer:

excise

Explanation:

A tax is a compulsory sum levied by the government on goods and services. Taxes increase the price of a good

excise tax is a type of tax levied on certain good and services. It is an example of an intranational tax. Producers pass on this tax to consumers by increasing the price of the good directly

a. Greyhound bus system

To properly assist you with journalizing the adjusting entries and posting them to the T accounts, I'll provide a step-by-step explanation of each adjustment and its impact on the accounts. Here are the adjusting entries and their corresponding T accounts:

1. Wages Accrued:

Debit: Wages Expense

Credit: Wages Payable

This adjustment recognizes the wages that have been earned but not yet paid.

2. Depreciation Expense:

Debit: Depreciation Expense

Credit: Accumulated Depreciation

This adjustment records the depreciation of the laundry equipment for the year.

3. Laundry Supplies Used:

Debit: Laundry Supplies Expense

Credit: Laundry Supplies

This adjustment reflects the decrease in the amount of laundry supplies on hand.

4. Insurance Expense:

Debit: Insurance Expense

Credit: Prepaid Insurance

This adjustment recognizes the expiration of insurance premiums during the year.

Now, let's post the adjusting entries to the T accounts:

T Accounts:

.Cash:

(No adjustment required)

Laundry Supplies:

Debit: Beginning to Balance $9,000

Debit: Laundry Supplies Expense $2,000

Credit: Laundry Supplies Used (Adj. Bal.)

Prepaid Insurance:

Debit: Beginning to Balance $6,000

Debit: Insurance Expense $5,300

Credit: Insurance Expired (Adj. Bal.)

.Laundry Equipment:

Debit: Beginning Balance $180,800

Credit: Accumulated Depreciation $8,150

(No closing entry required)

.Accumulated Depreciation:

Debit: Depreciation Expense $8,150

Credit: Laundry Equipment (Adj. Bal.)

.Accounts Payable:

(No adjustment required)

.Bobbi Downey, Capital:

(No adjustment required)

Bobbi Downey, Drawing:

(No adjustment required)

.Laundry Revenue:

(No adjustment required)

Wages Expense:

Debit: Wages Payable (Adj. Bal.)

Debit: Wages Expense (Adj. Bal.)

(No closing entry required)

Rent Expense:

(No adjustment required)

.Utilities Expense:

(No adjustment required)

Miscellaneous Expense:

(No adjustment required)

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Answer:

c

Explanation:

Answer:

Her net pay will increase by $18.15

As Esselte went public when it was founded and it remained public until 2002 when it was taken private, now that it is private, it no longer sells stock to the public.

In business, a private company are privately-held commercial entity. While it can issue shares of stock, these shares are not offered to the general public and are not listed on a public stock exchange. The private company stock includes the shares issued by the company to employees or investors.

For example, as startups often use equity to compensate employees during the early stages when cash flow is limited, the public companies also use equity compensation programs. All these programs are designed to motivate the employees by tying a portion of their pay to the company's earnings.

A private company does not have to provide financial information to investors or shareholders. Due to often smaller size of private companies, they typically issue fewer shares of stock and that can make the shares less liquid and difficult to sell.

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The term that means that a company took all reasonable steps to avoid a particular event is: due diligence.A company's exercise of care and caution before engaging in any activity is referred to as due diligence. It is the work that is required to be conducted before entering into a transaction or making a decision.

The process ensures that all necessary information and facts about the transaction are gathered, reviewed, and evaluated before any action is taken.It is necessary to carry out due diligence in order to lessen the risks related to the investment or decision and to prevent future problems.

In this context, this means that the company is taking all necessary precautions to prevent any possible problems.On the other hand, job security is a significant source of career-related stress. In this context, job security is a job's perceived stability or likelihood of long-term employment and income.

The possibility of losing employment, income, and benefits causes a lot of worry, anxiety, and tension in people. Job security-related issues, such as downsizing and restructuring, can make it difficult for workers to plan for their future and have a negative impact on their career development.

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Answer:

Compound interest

Explanation:

You earn interest on your interest, depending on how often it compounds.

The agency need it sales increase by 20 percent if its wants to recoup the income lost by lowering the prices.

In practice, these agency operate by purchasing number of fleet vehicles and renting them to customers for a charge which are influenced by car type, number of days, usage type etc.

Hence, since the agency wants to recoup the income lost by lowering the prices and have total revenues be at least as high as before, them they needs its sale level to increase by at least 20%.

Therefore, the Option B is correct.

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Answer:

An increase in income will increase tax revenue because the more taxes and tax write-offs will lead to more in tax returns.

Explanation:

The more income you make the more taxes you will pay, after write-offs you will end up earning more back in tax returns than you would if you made less

Answer:

How many goldfish did Calvin buy?

Calculate the number of fish in 1 bowl and in the bag together.

Divide that number by the number of bowls.

Calculate how many goldfish are in 2 fish bowls.

Add that number to the number of fish in the bag.

Calculate how many more goldfish are in a bowl than the bag.

Multiply that number by the number of bowls.

Calculate how many fish bowls there are.

Add that number to the number of fish in the bag.

Answer:

Wilson manufacturing relies on an extensive Intranet system, where its employees share information between departments. for example, departments such as human resources can share payroll information with employees. persons outside the firm do not have access to this network.

The yield to maturity (YTM) for a bond paying $110 annually, with 6 years until maturity and selling for $1,000, can be calculated using the formula for YTM. The YTM is approximately 10.19%.

The yield to maturity (YTM) is the total return anticipated on a bond if held until its maturity date. To calculate the YTM, we need to solve for the discount rate that equates the present value of the bond's future cash flows to its current market price. In this case, the bond pays $110 annually and has a maturity of 6 years. The bond is selling for $1,000.

Using the formula for YTM, we can calculate it as follows:

YTM = [Annual Interest Payment + (Face Value - Current Price) / Years to Maturity] / [(Face Value + Current Price) / 2]

YTM = [110 + (1,000 - 1,000) / 6] / [(1,000 + 1,000) / 2]

= [110 / 6] / [2,000 / 2]

= 18.33 / 1,000

≈ 0.01833

Converting this to a percentage, the yield to maturity is approximately 1.833%. However, since the YTM is typically expressed as an annual rate, we multiply it by 100 to get the final result.

YTM ≈ 1.833% * 100 ≈ 10.19%

Therefore, the yield to maturity for this bond is approximately 10.19%.

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In a melting point determination, using too large of a sample would typically increase the melting point range.

Regardless of sample size, a substance's melting point is always the same. An important characteristic of matter is its melting point. The concentration of the drug has no bearing on its intensive qualities.

When determining melting points, using an excessively large sample size typically produces a greater range of melting points. A larger sample size could contain more impurities or uneven heating, which would lead to a melting point that was less precise and that was more equally spread across a range of temperatures. This is the explanation behind this. A larger sample size may also take longer to completely melt, resulting in a greater melting point range. That wouldn't normally cause the computation to fail, but it might make it harder to pinpoint the melting point.

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The total cost of the chase plan that matches the forecast is $62,500.To develop a chase plan that matches the forecast, Manager T. C. Downs needs to adjust the production output to meet the demand.

Let's calculate the output and total cost for each period based on the given information.

Period 1:

Output = Forecast = 120 engines

Cost = Regular output cost = 120 * $60 = $7,200

Period 2:

Output = Forecast = 135 engines

Cost = Regular output cost = 135 * $60 = $8,100

Period 3:

Output = Forecast = 140 engines

Cost = Regular output cost = 140 * $60 = $8,400

Period 4:

Output = Forecast = 120 engines

Cost = Regular output cost = 120 * $60 = $7,200

Period 5:

Output = Forecast = 125 engines

Cost = Regular output cost = 125 * $60 = $7,500

Period 6:

Output = Forecast = 125 engines

Cost = Regular output cost = 125 * $60 = $7,500

Period 7:

Output = Forecast = 140 engines

Cost = Regular output cost = 140 * $60 = $8,400

Period 8:

Output = Forecast = 135 engines

Cost = Regular output cost = 135 * $60 = $8,100

Total cost of the chase plan = $7,200 + $8,100 + $8,400 + $7,200 + $7,500 + $7,500 + $8,400 + $8,100 = $62,500

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Answer: Out of the given options, the Customer's transaction is the purchase order.

A purchase order is an official document that a buyer sends to a seller to request goods or services. In this document, a buyer lists the types, quantities, and agreed prices of goods or services that they are interested in. It is a commercial document issued by a buyer to a seller indicating types, quantities, and agreed prices for products or services the seller will provide to the buyer. Answer in 200 words: A transaction is an exchange between two or more parties. A customer transaction, also known as a sales transaction, is the exchange of goods or services for money or other compensation by a customer with a business. Sales transactions are the lifeblood of every company. A company’s success is determined by its ability to make sales. The transaction process is the backbone of all sales. Invoices, Purchase orders, and Pay bills are important documents, but they are not the customer's transaction. They are all related to the purchase and payment processes. An invoice is a commercial document issued by a seller to a buyer, indicating the goods or services sold and the payment due. It is not the customer's transaction, but rather the seller's. A purchase order is an official document sent by a buyer to a seller, requesting goods or services. It is also not the customer's transaction. Pay bills is the process of paying bills. It is not a transaction. On the other hand, BIN (Bank Identification Number) is a 6 digit number that identifies credit or debit cards issued by banks. It is used in the payment process to identify the issuing bank of a card. Therefore, out of the given options, the Customer's transaction is the b. Purchase Order.

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A business objective simply refers to the results that a business wants to achieve. Having a business objective is vital for a business.

It should be noted that business objectives are the measurable results that a business hopes to maintain as the business grows.

The examples of A and A Blooms' stakeholders apart from the workers and suppliers will its shareholders and customers. Stakeholders are affected by the decisions taken by a business.

The two likely business objectives of Blooms when the business was first established include profit maximization and cost minimization.

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In a bilateral contract for the sale of goods, consideration refers to the exchange of something of value between the parties involved.

Sale: The first element of consideration is the sale itself. This refers to the agreement between the buyer and the seller to transfer ownership of goods in exchange for some form of consideration. The sale establishes the intention of the parties to enter into a contractual relationship.

Goods: The second element of consideration is the goods that are the subject of the contract. Goods typically refer to tangible, movable items that are bought or sold, such as merchandise, equipment, or commodities. The specific nature and description of the goods should be clearly defined in the contract to avoid any ambiguity or misunderstanding.

Consideration is a fundamental requirement for the formation of a valid and enforceable contract. It ensures that each party is giving something of value and creates a mutual obligation to perform their respective duties under the contract. Without consideration, a contract may be considered gratuitous and lacking the necessary elements for enforceability.

It's important to note that these elements of consideration can vary depending on the jurisdiction and specific contractual terms. Legal advice from a qualified professional should always be sought for specific contract-related matters.

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A company received a bank statement showing a balance of $76,000. Reconciling items included outstanding checks of $2,200 and a deposit in transit of $9,000. What is the company's adjusted bank balance

To find the company's adjusted bank balance, we need to adjust the balance shown on the bank statement for outstanding checks and deposits in transit  

Adjusted bank balance = Bank statement balance - Outstanding checks + Deposit in transit

Substituting the given values, we get:

Adjusted bank balance = $76,000 - $2,200 + $9,000

Adjusted bank balance = $82,800

Therefore, the company's adjusted bank balance is $82,800.

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Vincent's profit on a typical day is $820. Hence option (c) is correct.

The term profit is the amount of money you have after covering business expenses. Gross, operational, and net profits are hence, the three basic categories of profit. The greatest is gross profit. The business is said to be in the profit if the value left over after expenses are subtracted from revenue is positive, and is in the loss, if the value is negative.

Vincent's total daily income is:

Give:

Passenger                  Price                  Daily demand

Adults                          $18                        70

Children                      $10                        25

Senior citizens            $12                        55

total                                                           150

The total revenue each day = ($18 x 70) + ($10 x 25) + ($12 x 55) = $1,260 + $250 + $660 = $2,170

The total operating costs each day = (150 / 50) x $450 = $1,350

The operating income each day = $2,170 - $1,350 = $820

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The complete question is:

Vincent operates a scenic tour business in Boston. He has one bus that can fit 50 people per tour and each tour lasts 2 hours. His total cost of operating one tour is fixed at $450. Vincent's cost is not reduced if he runs a tour with a partially full bus. While his cost is the same for all tours, Vincent charges each passenger his/her willingness to pay: adults $18 per trip, children $10 per trip, and senior citizens $12 per trip. At those rates, on a typical day Vincent's demand is: Assume that Vincent's customers are always available for the tour; therefore, he can fill his bus for each tour as long as there is sufficient total demand for the day.

Refer to Scenario 15-2. What is Vincent's profit on a typical day?

a. $2,170 b. $1,350 c. $820 d. $660

Strategic initiatives are the ways through which a company translates its goals, objectives and visions into practice.

Therefore, the primary cause of failure for strategic initiatives is ignorance about monitoring of progress.

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Answer:

Improper execution

Explanation:

Answer:

O Human Capital

Explanation:

Human capital is an employee's knowledge, skills, and competencies that a company uses in productivity.  It is the attributes of labor that impact production and influence compensation. Human capital is enhanced through education, job training, work experiences, and research.

Human capital is compensated through wages and salaries. Its cost is monetized as labor and is one of the factors of production.

Explanation:

Nepal bureau of weight and measure, check correctness of the scales and weight used by the general public in the market in every two years because the measuring device may lose their standard due to the regular use and other factors which may bring error in the measurement.

In case whereby, promotion stimulates demand, then it could bring about lower prices for consumers which can be regarded as promotional issue to the brand.

We can conclude that for promotion to stimulates demand, the result could be lowering of price of goods for the consumer.

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Consumer choice occurs when a buyer has an almost unlimited selection of products that are very difficult to differentiate between.

Consumer choice refers to the aspect of microeconomics  that deals with the decisions  consumers make with regard to products and services.

     This involves how consumers decide which products to purchase or consume over time.

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The correct answer is option-C. Differential cost refers to the difference between the cost of producing two different products. The formula for differential cost is: Differential Cost = (Cost of Producing Product A) - (Cost of Producing Product B).  

For Carmen Co., the differential cost of producing Product D from Product 1 is $5.50 per pound ($14.80 cost of producing Product 1 - $8.00 additional cost of producing Product D).

The differential cost of producing Product D from Product J is $8.60 per pound ($14.80 cost of producing Product J - $8.60 additional cost of producing Product D).  

To determine the best choice for Carmen Co., the incremental revenue and cost must be considered. The incremental revenue is the additional revenue that Carmen Co. would earn by producing Product D instead of Product 1 or Product J. The incremental cost is the additional cost that Carmen Co. would incur to produce Product D instead of Product 1 or Product J.

The incremental revenue and cost can be calculated as follows: Incremental Revenue = Selling Price of Product D - Selling Price of Product 1 or J. Incremental Cost = Additional Cost of Producing Product D from Product 1 or J.

Comparing the incremental revenue and cost for both options, Carmen Co. should produce Product D from Product 1 because it has a higher incremental revenue and lower incremental cost than producing Product D from Product J.

Therefore, the correct answer is option-C.

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True After each use, clean-in-place cutting boards should be sanitized with a solution containing one to two teaspoons of chlorine bleach per quart of water or a commercially approved sanitizer.

How frequently will you clean and disinfect your slashing board?

every week Sanitize your chopping board every week, or more often if necessary, to maintain good hygiene. How to do it: Bleach is used to clean chopping boards: The best method is to soak cutting boards in a solution of one gallon of water to one tablespoon of chlorine-based bleach.

How frequently should a cutting board be cleaned?

Step 1: Wash the Cutting Board Frequently Even if you only use your wood cutting board to slice bread, you should wash it as soon as possible after each use. Rinse thoroughly with cold water and a towel after using a sponge and hot, soapy water.

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Woody Corp.'s pre-tax financial accounting income is $10,000.

To calculate Woody Corp.'s pre-tax financial accounting income, we need to add back the tax depreciation expense and subtract the financial accounting depreciation expense from the taxable income:

Pretax financial accounting income = Taxable income + Financial accounting depreciation expense - Tax depreciation expense

Substituting the given values, we get:

Pretax financial accounting income = $11,000 + $2,000 - $3,000 = $10,000

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