A potential legal claim which is probable and the amount can be reasonably estimated should recorded in the financial statements as a contingent liability.
What is Legal claim?A legal claim are evidence or prove which someone says.
They are legal claims over an individual and the amount estimated will be paid.
Therefore, A potential legal claim which is probable and the amount can be reasonably estimated should recorded in the financial statements as a contingent liability.
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The role of central bank lending to banks in financial distress is called?
When the central bank lends to banks in financial distress, this role is known as being the lender of last resort.
What does the Central bank do?The central bank has several duties in the financial system and being the lender of last resort is one of them.
This role calls for them to bail out banks that are going through financial distress by loaning them money. Because they only step in to bail out when things are really bad, they are called the last resort lender.
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Which of the following is an example of versatility?
Answer:
changing the sleeves to use less fabric after finding the order is short
As a member of the
organization, you'll have two goals: build
your real-world business skills and develop your problem-solving abilities.
w
National Honor Society
Kiwanis Key Club
DECA
Business Professionals of America
As a member of the Business Professionals, you'll have to build your real-world business skills and develop your problem-solving abilities.
What is a Social Club?This refers to the gathering of like minds who are together to achieve a set target or goal which is in line with their value system.
Hence, we can see that Business Professionals of America is an example of a social club who trains its members to build real-world business skills and develop their problem-solving abilities.
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What do intentional torts, negligence, and strict liability have in common?
A. They involve injury to a person or property.
B. They demonstrate a breach of duty.
C. They show that a product is flawed.
D. They show that the defendant was at fault.
The common factor between intentional torts, negligence, and strict liability is that D. They show that the defendant was at fault.
What do the above have in common?Intentional torts refer to when a person commits a wrongful action on purpose while negligence refers to a failure to uphold one's duty.
Strict liability is when a person is liable for committing what they are accused of.
In all these cases, the defendant is at fault which means that the best option is therefore option D.
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Do you think that MTV’s future lies mostly in its international operations?
Answer:
[tex]6 \times y { \sqrt{ > 2fube} }^{2} [/tex]
A large cable company is the only provider of cable TV and Internet for a small community. As a result, consumers in the community who want either of these services must purchase from this company.
In which of the following economic markets is the cable company operating?
Due to the fact that the firm is the only one that is operating in the community, the economic markets operated here is monopolistic.
What is a monopolistic market?
This is a type of market that has only one company that is in charge of offering products or services to the public.
The market here is a cable tv and internet company that provides services to the community.
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Suppose the government has determined that the socially optimal quantity of chemical pollution is 175 million tons per day. One way governments can charge firms for pollution rights is by imposing a per-unit tax on emissions. A tax (or price in this case) of $45 per ton of chemicals emitted will achieve the desired level of pollution. Now suppose the U.S. government does not know the demand curve for pollution and, therefore, cannot determine the optimal tax to achieve the desired level of pollution. Instead, it auctions off tradable pollution permits. Each permit entitles its owner to emit one ton of chemicals per day. To achieve the socially optimal quantity of pollution, the government auctions off 175 million pollution permits. Given this quantity of permits, the price for each permit in the market for pollution rights will be
Given this quantity of permits, the price for each permit in the market that the U.S government should charge for pollution rights will be $45 as this ensures the socially optimal quantity of pollution, which could have been imposed as a tax.
What are pollution rights?Pollution rights are the rights given to firms in an economy to buy and sell government-issued licenses or permits.
Pollution rights or permits grant the holders the right to create and release a certain amount of pollution that achieves the socially optimal quantity.
Thus, given the number of permits, the price for each permit in the market that the U.S government should charge for pollution rights will be $45.
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Sophie's dorm room was hot since she did not have air conditioning. She decided to buy a new fan.
What type of consumer behavior influence below does this scenario describe?
Answer:
The type of consumer behavior this scenario describes is psychological consumer behavior.
Cert 4 real estate if an agent (A)_ that (B)_ or creates an (C)_ when there is (D) _ , they expose themselves to (E) _
The cert 4 is an illustration of real estate practices
The statements that complete the blanks are: A = provides; B = information; C = impression; D = no reasonable foundation; E = misrepresentation
What is the cert 4?The cert IV or cert 4 is a certificate that given an individual the licence to apply for the class 2 real estate agent practice, and it also helps the individual to perform real estate practices successfully.
How to complete the blanks?Under the business management law of real estate practices, we have the following estate practice law:
"If an agent provides information or creates an impression when there is no reasonable foundation, then they expose themselves to misrepresentation."
Using the above as a guide, the statements that complete the blanks are:
A = provides; B = information; C = impression; D = no reasonable foundation; E = misrepresentation
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A manufacturing division has an average assets of $1,800,000 and income of $720,000. The division's return on investment is
Answer:
40%
Explanation: 720,000/1,800,000 = .4 x 100 = 40%
Entries for Factory Costs and Jobs Completed
Entrepreneurial Publishing Inc. began printing operations on January 1. Jobs 301 and 302 were completed during the month, and all costs applicable to them were recorded on the related cost sheets. Jobs 303 and 304 are still in process at the end of the month, and all applicable costs except factory overhead have been recorded on the related cost sheets. In addition to the materials and labor charged directly to the jobs, $2,740 of indirect materials and $33,140 of indirect labor were used during the month. The cost sheets for the four jobs entering production during the month are as follows, in summary form:
Job 301 Job 302
Direct materials $28,340 Direct materials $13,250
Direct labor 10,900 Direct labor 5,600
Factory overhead 5,995 Factory overhead 3,080
Total $45,235 Total $21,930
Job 303 Job 304
Direct materials $40,370 Direct materials $8,160
Direct labor 12,000 Direct labor 1,600
Factory overhead — Factory overhead —
Journalize the summary entry to record each of the following operations for January (one entry for each operation):
Question Content Area
a. Direct and indirect materials used. If an amount box does not require an entry, leave it blank.
Work in Process
Work in Process
Factory Overhead
Factory Overhead
Materials
Materials
Feedback Area
Feedback
a. Record direct materials costs in the work in process account, and indirect materials costs in the factory overhead account.
Question Content Area
b. Direct and indirect labor used. If an amount box does not require an entry, leave it blank.
Work in Process
Work in Process
Factory Overhead
Factory Overhead
Wages Payable
Wages Payable
Feedback Area
Feedback
b. Record direct labor costs in the work in process account, and indirect labor costs in the factory overhead account.
Question Content Area
c. Determine the factory overhead applied to Jobs 303 and 304 (a single overhead rate is used based on direct labor cost).
Job 303 $
fill in the blank 632c6b093053fda_1
Job 304 $
fill in the blank 632c6b093053fda_2
Feedback Area
Feedback
Incorrect
Question Content Area
d. Factory overhead applied to all four jobs (a single overhead rate is used based on direct labor cost). If an amount box does not require an entry, leave it blank.
Work in Process
Work in Process
Factory Overhead
Factory Overhead
Feedback Area
Feedback
d. Apply factory overhead based on direct labor costs.
Question Content Area
e. Completion of Jobs 301 and 302. If an amount box does not require an entry, leave it blank.
Finished Goods
Finished Goods
Work in Process
Work in Process
Feedback Area
Feedback
Question Content Area
f. Determine the balance of the work in process account on January 31.
The entry to record the operations for January is: Debit Work in Process $90,120; Debit Factory Overhead $2,740; Credit Materials $87,380.
Journal entriesa. Debit Work in Process $90,120
($28,340+$13,250+$40,370+$8,160)
Debit Factory Overhead $2,740
Credit Materials $87,380
($90,120-$2,740)
b. Debit Work in Process $30,100
($10,900+$5,600+$12,000+$1,600)
Debit Factory Overhead $33,140
Credit Wages Payable $63,240
($30,100+$33,140)
c. Debit nWork in Process $16,555
(30,100×55%)
Credit Factory Overhead $16,555
Predetermined overhead rate:
Job 301: $5995/$10,900 =55%
Job 302: $3080/$5600=55%
Direct Labour Cost=(10,900 +5600+12000+1600)
Direct Labour Cost=$30,100
d. Debit Finished Goods $67,165
($45,235+$21,930)
Credit Work in Process $67,165
Inconclusion the entry to record the operations for January is: Debit Work in Process $90,120; Debit Factory Overhead $2,740; Credit Materials $87,380.
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Select the correct answer from each drop-down menu.
Complete the following sentences related to IT policy in a workplace.
You can instill a sense of trust in your
You can also install an Internet
by allowing them to use the Internet for
system to protect the data in your systems.
use for a limited time.
Answer:
You can instill a sense of trust in your employees by allowing them to use the Internet for personal use for a limited time.You can also install an Internet security system to protect the data in your systems.
Explanation:
Answer:
Clean your screen
Explanation:
ts dirty
Match Panel B with Panel A.
Panel A
1-Private sector
2-incorporated business
3-unincorporated business
4-sued
5-legal person
6-Types of businesses
Panel B
A. Private business
B. Sector of businesses set up by individuals or
groups of individuals.
C. Business organization types
D. Public company or corporation.
E. Responsibility and liability as a person.
F. Taken to court or can be accused.
Answer:
1,D2,A3B4C5,E6F the answer of this question is this
What differences would you expect to see between the kinds of influence currencies that a project manager in a functional matrix would use and the influence a project manager of a dedicated project team would use
Project manager in a functional matrix had more lesser influence over one in a dedicated project team because:
the dedicated team allows a formal authority over the participantsthe dedicated team offers a greater access to influence currencies than the project manager in a functional matrix.Who is a Project manager?A Project manager is a manager with the responsibiltiy of planning, organizing and directing the completion of specific projects for such organization.
In conclusion, in a functional matrix, the manager sdoes compensate for their lack of formal authority by exercising informal influence through the use of relationships and personal currencies.
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Which of the following is not a barrier to entry in a monopolized market
The answer choice which is not a barrier to entry in a monopolized market is; Choice A; A single large firm.
What is a monopolized market?A monopolized market is a theoretical scenario that Characterises a market where only one company may offer products and services to the public. A monopolistic market is the direct opposite of a perfectly competitive market, in which an infinite number of firms operate.
On this note, the choice which is not a barrier to entry in such market is; A large single firm.
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In the state of Texas, an additional license is required for barber instructors.
True
False
Individuals are no longer required to have instructor licenses to teach courses in licensed barber or cosmetology schools in Texas. Individuals teaching courses at a licensed barber or cosmetology school in Texas must have a TDLR barbering or cosmetology license in the specialty area they will be teaching.
Monique owns a building that she leases to an individual who operates a grocery store. Rent income is $10,000, and rental expenses are $6,000. On what Form 1040 schedule or schedules are the income and expenses reported
If the building is lease to a person who owns a grocery store. The Form 1040 schedule that the income and expenses are reported is: Schedule E.
What is Schedule E?
Schedule E can be defined as the type of form that is used to record or report income and expenses that has to do with rental.
Based on the informatioin given both the rent income and rent expenses will be reported under schedule E.
Inconclusion the income and expenses are reported in Schedule E.
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Which of the following best describes how a condominium is owned?
O A. A group of partners own the building and rent each apartment to
the residents.
O B. The residents of a condominium are shareholders in a corporation
that owns the building.
C. A condominium is an apartment that is owned by the resident
rather than a landlord.
O D. Condominiums are apartments owned by a landlord who charges
rent to the residents.
Answer: A condominium is an apartment that is owned by the resident rather than a landlord.
so it would be O. A
Basecamp is based in Chicago, Illinois. According to the laws of the state of Illinois, employers and employees have the right to end an employment relationship at any time and for any reason, with or without advance notice to the other. In other words, Basecamp is headquartered in: a
If the laws that are existent in the state of Chicago gives the right to end an employment relationship at any time, then Basecamp is headquartered at an employment at will state.
What is an employment at will state?This is a term that is used to refer to the states where people can terminate contracts at any time that they want.
The employer can decide to terminate that of the worker when he wants to. The worker on the other hand may decide to call it quits whenever they want to. The only reason that this cannot stand is illegality.
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2. Should the U.S. government support U.S. tobacco company interest abroad if they are using harmful tactics
When a tactics is harmful causing various harms to human health or posing threat it should not be supported.
What are Harmful tactics?They are some actions that are taken a particular time to achieve a particular goal and objective which is short time.
This actions are harmful and the results are usually detrimental.
Therefore, U.S. government should not support U.S. tobacco company interest abroad if they are using harmful tactics.
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A role in public relations for a company might deal with which of the following?
A: Advertising creation
B: Financial support
C: Building maintenance
D: Political agendas
Answer:
heres the answer
Explanation:
Public relations professionals present the face of an organization usually to articulate its objectives and official views on issues of relevance, primarily to the media. Public relations activity contributes to the way an organization is perceived by influencing the media and maintaining relationships with stakeholders.
The purchase of which of the following gives the buyer part ownership of a company?
A
stock
B
bond
C
futures contract
D
treasury bill
Answer:
A -- Stock
Explanation:
Say an investor buys stock they are buying a percentage of ownership in that company.
Hope this helps! Please let me know if you need more help or think my answer is incorrect. Brainliest would be MUCH appreciated. Have a wonderful day!
[tex]\qquad\qquad\huge\underline{{\sf Answer}}♨[/tex]
The Correct choice is A. Stock
In business, many companies divides its net worth into stocks, and people who owns the stocks get part ownership of that company
The Crash Davis Driving School has an ROE of 14.5 percent and a payout ratio of 44 percent. What is its sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Assuming the Crash Davis Driving School has an ROE of 14.5 percent and a payout ratio of 44 percent. Its sustainable growth rate is:8.84%.
First step
b=1-payout ratio
b = 1 - .44
b = .56
Second step
Sustainable growth rate = [(ROE)(b)] / [1 - (ROE)(b)]
Sustainable growth rate = [.145(.56)] / [1 - .145(.56)]
Sustainable growth rate=0.0812/(1-0.0812)
Sustainable growth rate=0.0812/0.9188
Sustainable growth rate=0.0884×100
Sustainable growth rate=8.84%
Inconclusion Its sustainable growth rate is:8.84%.
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XYZ is evaluating a project that would require the purchase of a piece of equipment for $580,000 today. During year 1, the project is expected to have relevant revenue of $756,000, relevant costs of $199,000, and relevant depreciation of $136,000. XYZ would need to borrow $580,000 today to pay for the equipment and would need to make an interest payment of $30,000 to the bank in 1 year. Relevant net income for the project in year 1 is expected to be $322,000. What is the tax rate expected to be in year 1
The expected tax rate in Year 1 for XYZ Corporation for its project under evaluation, requiring the purchase of equipment for $580,000, is B) A rate equal to or greater than 5.00% but less than 14.00%.
What is the corporate tax rate?The corporate tax rate in the United States is 21%. This is the proportion of the corporate taxable income that determines the tax liability.
However, based on the allowable expenses, including qualified interests that XYZ would pay for the purchase of the equipment, its effective tax rate may be reduced to between 5% and 14% because of tax-allowed deductions.
Answer Options:A) A rate less than 5.00% or a rate equal to or greater than 41.00%.
B) A rate equal to or greater than 5.00% but less than 14.00%.
C) A rate equal to or greater than 14.00% but less than 23.00%.
D) A rate equal to or greater than 23.00% but less than 32.00%.
E) A rate equal to or greater than 32.00% but less than 41.00%.
Thus, the expected tax rate in year 1 is B) A rate equal to or greater than 5.00% but less than 14.00%.
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What is brainly and who started the company ?
Answer:
good luck to your modules
Cirice Corp. is considering opening a branch in another state. The operating cash flow will be $165,300 a year. The project will require new equipment costing $583,000 that would be depreciated on a straight-line basis to zero over the 6-year life of the project. The equipment will have a market value of$171,000 at the end of the project. The project requires an initial investment of $39,500 in net working capital, which will be recovered at the end of the project. The tax rate is 40 percent. What is the project's IRR?
Based on the cashflow from the investment per year, the initial investment, and the working capital, the project's IRR will be 18.48%.
What is the project IRR?First find the After-tax salvage value:
= 171,000 x ( 1 - 40%)
= $102,600
Year 1 cashflow:
= -583,000 - 39,500 working capital
= -$622,500
Year 6 cashflow:
= Working capital + Project cashflow + After-tax salvage value
= 39,500 + 165,300 + 102,600
= $307,400
Using a Spreadsheet, the IRR is:
= 18.48%.
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Stein Co. issued 15-year bonds two years ago at a coupon rate of 5.4 percent. The bonds make semiannual payments. If these bonds currently sell for 94 percent of par value, what is the annual YTM
The annual YTM will be 3.07% if the bonds make semiannual payments and sell for 94 percent of par value.
Given data
Coupon rate (CR) = 5.4%
Current price (B0) = 94%
Assuming maturity value (MV) = 100%
Years to maturity (n) = 15.
What is the Annual YTM?YTM = CR + ((MV − B0)/n) / ((MV + B0)/2)
YTM = 5.4% + (100% - 94%)/15) / (100% + 94%)/2)
YTM = 0.054 + (-0.03866666666) / 0.97
YTM = 0.01533333334 / 0.97
YTM = 0.015333 * 2
YTM = 0.030666
YTM = 3.07%
In conclusion, the annual YTM will be 3.07% if the bonds make semiannual payments and sell for 94 percent of par value.
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Pre-split price per share question
Question 2 Attached
The pre-split price per share of Xytox Corporation's stock before the 1-for-10 reverse split was $4.41.
What is a reverse split?A reverse split is the reduction of the number of shares of a corporation's stock.
When a corporation institutes a reverse split, the number of outstanding shares reduces to form a smaller number in proportion to the reverse split.
The fewer shares consolidate the stock at a higher price. A reverse split is the opposite of a stock split that increases the number of outstanding shares while reducing the share price.
Thus, the pre-split price per share of Xytox Corporation's stock before the 1-for-10 reverse split was $4.41.
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Your company just started offering a profit-sharing plan, which could increase your total compensation by as much as 25%—if the company does well. This form of compensation is classified as:
If your company just started offering a profit-sharing plan if the company does well. This form of compensation is classified as: Incentive.
What is incentive?Incentive can be defined as the way of compensating a person by giving the extra money so as to encourage the person.
Since the proft sharing plan will tend to lead to increase in compensation by 25% in a situation where the company have increase in productivity. This is called incentive.
Therefore this form of compensation is classified as: Incentive.
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How does SEO impact the way that marketers write their ads?
Answer:
It enhances the marketing scopes and magnifies to reach for a particular brand by attracting an increasing number of potential users
Search Engine Optimization is technically used as a marketing tool rather than marketing itself. It enhances the marketing scopes and magnifies the reach for a particular brand by attracting an increasing number of potential users. SEO basically optimizes a web page and makes it more engaging for the end-users.
