) Case Study: Nancy, a 28 year-old marketing analyst in Minneapolis, has a fear of bridges. She takes a very long route to get to work (and to clients) in order to avoid driving over any bridges. Recently, she considered applying for another job, which could have meant a substantial salary increase. However, when she arrived at the building, she discovered that she would have to cross a footbridge to enter the building. She was unable to do that, even for the interview. Nancy may suffer from ___.

Answers

Answer 1

Answer:

Gephyrophobia

Explanation:

Nancy may suffer from gephyrophobia because she has a fear of bridges.  This phobia is the anxiety disorder or specific phobia characterized by the fear of bridges. Thus, the patient of gephyrophobia may avoid routes that will take them over bridges.


Related Questions

GUYS EMERGENCY i really need help i have a test tomorrow and the class is principal of education can someone plz help me like i beg whoever​

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no tension I help to to my following please

erdue Company purchased equipment on April 1 for $36,180. The equipment was expected to have a useful life of three years, or 7,020 operating hours, and a residual value of $1,080. The equipment was used for 1,300 hours during Year 1, 2,500 hours in Year 2, 2,100 hours in Year 3, and 1,120 hours in Year 4. Required: Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by (a) the straight-line method, (b) units-of-activity method, and (c) the double-declining-balance method. Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar. a. Straight-line method

Answers

Answer:

Perdue Company

Depreciation expense for the years ended December 31:

                                                Year 1     Year 2         Year 3         Year 4

a) Straight-line method          $11,700    $11,700      $11,700          $0

b) Units-of-activity method    $6,500    $12,500     $10,500       $5,600

                                         ($5 x 1,300) ($5 x 2,500) ($5 x 2,100) ($5 x 1,120)

c) Double-declining method  $24,121    $8,040      $2,939        $0

1st year = $36,180 * 0.6667 = $24,121

2nd year = $12,059 * 0.6667 = $8,040

3rd year = ($36,180 - 24,151 - 8,040 - 1,080) = $2,939

Explanation:

a) Data and Calculations:

April 1 Purchased Equipment = $36,180

Useful life = 3 years or 7,020 operating hours

Residual value = $1,080

Depreciable amount = $35,100

Under Straight-line method, depreciation rate per annum = $11,700 ($35,100/3).

Under the units-of-activity method, the depreciation rate per hour = $5 ($35,100/7,020).

Under the double-declining method, the depreciation percent = 0.6667 (100/3) * 2.

The double-declining method does not consider the residual value at the beginning, but at the end of the computation.

Lexington Company engaged in the following transactions during Year 1, its first year in operation: (Assume all transactions are cash transactions.) Acquired $3,200 cash from issuing common stock. Borrowed $2,300 from a bank. Earned $3,200 of revenues. Incurred $2,420 in expenses. Paid dividends of $420. Lexington Company engaged in the following transactions during Year 2: (Assume all transactions are cash transactions.) Acquired an additional $600 cash from the issue of common stock. Repaid $1,370 of its debt to the bank. Earned revenues, $4,600. Incurred expenses of $2,790. Paid dividends of $760. What was the amount of retained earnings that will be reported on Lexington's balance sheet at the end of Year 1?

Answers

Answer:

Retained Earnings Balance at end of Year 1 =  $360

Explanation:

First we need to determine the profit/loss for the year as part of the retained earnings calculation.

Lexington Company

Income Statement for the year ended - Year 1

Revenue Earned                                                $3,200

Less Expenses                                                  ($2,420)

Net Income / (Loss)                                               $780

Then we calculate the Retained Earnings Balance

Retained Earnings Statement

Beginning Retained Earnings Balance                  $ 0

Add Profit earned during the year                      $780

Less Dividends                                                   ($420)

Ending Retained Earnings Balance                    $360

QUESTION 4. Consider the following game. Player 1’s payoffs are listed first, in bold: Player 2 X Y Player 1 U 100 , 6 800 , 4 M 0 , 0 200 , 1 D 10 , 20 20 , 20 a. Imagine that Player 1 makes a decision first and Player 2 makes a decision after observing Player 1’s choice. Write down every subgame-perfect Nash equilibrium of this game. b. Does the outcome above differ from the Nash equilibrium (if the game were played simultaneously)? Carefully explain why, intuitively, the result differs or does not differ.

Answers

Answer:

attached below is remaining part of the detailed solution

A) SPNE = ( M,Y )

B) PSNE = ( U,Y )

Explanation:

A) write down every subgame-perfect Nash equilibrium of the game

attached below

The second player can observe the first player's choice before making his own choice and the first player will always play M knowing that the second player will observe him, also the second player will play Y

Therefor the SPNE of the game will be : ( M,Y )

B) If the game were played simultaneously the results will be different and this is because the second player doesn't have the information of what the first player played

Therefore the PSNE of the game will be : ( U,Y )

Which of the following mechanisms would be most likely to help motivate managers to act in the best interests of shareholders? a. Take actions that reduce the possibility of a hostile takeover. b. Decrease the use of restrictive covenants in bond agreements. c. Increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries. d. Elect a board of directors that allows managers greater freedom of action.

Answers

Answer:

c. Increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries.

Explanation:

Agency problem arises when the interest of shareholders and managers are at odds.

BY increasing the proportion of compensation from stock options, managers would be more interested taking actions that would increase stock value because if stock value increases, managers income would also increase.

Ledger accounts have been opened using the balances from the adjusted trial balance. Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side.Date Accounts and Explanation Debit Credit Dec. 31 Service Revenue 198,900 Retained Earnings 198,900 To close Revenue Date Accounts and Explanation Debit Credit Dec. 31 Retained Earnings 20,000 Dividends 20,000 To close Dividends Date Accounts and Explanation Debit Credit Dec. 31 Retained Earnings 81,000 Selling Expenses 15000 Advertising Expense 8000 Salaries Expense 10000 Depreciation Expense-- 7000 Furniture Utilities Expense 6000 Income Tax Expense 5,000Date Accounts and Explanation Debit Credit Dec. 31 Retained Earnings 81,000 Selling Expenses 15000 Advertising Expense 8000 Salaries Expense 10000 Depreciation Expense-- 7000 Furniture Utilities Expense 6000 Income Tax Expense 5000 Rent Expense 24000 Insurance Expense 4000 Supplies Expense 2,000

Answers

Answer: See explanation

Explanation:

The adjusted trial balance is simply defined as an internal document whereby both the titles and balances of the general ledger account when an adjustments have been done are listed.

Even though it isn't a financial statement, it is shown in the financial statements.

The question has been solved and attached.

Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on May 31, its Cash account shows a debit balance of $25,525. Clayborn's May bank statement shows $22,600 on deposit in the bank. Determine the adjusted cash balance using the following information: Deposit in transit $ 7,750 Outstanding checks $ 6,300 Bank service fees, not yet recorded by company $ 110 A NSF check from a customer, not yet recorded by the company $ 1,365 The adjusted cash balance should be:

Answers

Answer:

$24,050

Explanation:

Calculation for the adjusted cash balance

Using this formula

Adjusted cash balance= Bank balance + Deposits in transit - Outstanding check

Let plug in the formula

Adjusted cash balance= $22,600 + $7,750 - $6,300

Adjusted cash balance= $24,050

Therefore the adjusted cash balance should be $24,050

Med Max buys surgical supplies from a variety of manufacturers and then resells and delivers these supplies to dozens of hospitals. In the face of declining profits, Med Max decided to implement an activity-based costing system to improve its understanding of the costs incurred to serve each hospital. The company broke its selling and administrative expenses into four activities as shown below: Activity Cost Pool Activity Measure Total Cost Total ActivityCustomer deliveries Number of deliveries $ 361,900 4,700Manual order processing Number of manual orders 266,400 3700 Electronic order processing Number of electronic orders 191,540 12200 Line item picking Number of line items picked 518,000 370000 Total selling and administrative expenses $ 1,337,840 Med Max gathered the data below for two of the many hospitals that it servesâCity General and County General: Activity Activity Measure City General County GeneralNumber of deliveries 15 30Number of manual orders 0 60 Number of electronic orders 20 0 Number of line items picked 130 290 Required: 1. Compute the activity rate for each activity cost pool. 2. Compute the total activity costs that would be assigned to City General and County General.

Answers

Answer:

Results are below.

Explanation:

First, we need to calculate the predetermined overhead rate for each activity:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Customer deliveries= 361,900/4,700= $77 per delivery

Manual order processing= 266,400/3,700= $72 per manual order

Electronic order processing= 191,540/12,200= $15.7 per electronic order

Line item picking= 518,000/370,000= $1.4 per line item picked

Now, we can allocate costs to each hospital:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

City general:

Customer deliveries= 77*15= 1,155

Electronic order processing= 15.7*20= 314

Line item picking= 1.4*130= 182

Total costs= $1,651

County General:

Customer deliveries= 77*30= 2,310

Manual order processing= 72*60= 4,320

Line item picking= 1.4*290= 406

Total costs= $7,036

Assume, for the sake of this question only, the following: The sale of the business included a warehouse building. The contract for the sale of the business indicated that the warehouse was included "in its present condition" or "as is." Shortly after Sarita took possession of the warehouse, she discovered a walled-in basement room that neither she nor Juan had realized was there. The room was packed full of drums of hazardous materials, which (as far as anyone could tell) had been leaking their contents into the ground for a decade or so. Sarita was going to have to clean up the mess at a considerable ongoing expense. If she seeks to rescind the contract based on the doctrine of mistake, which of the following is true?

Answers

Question Completion:

Multiple Choice

The contract will be rescinded, because both Juan and Sarita were mistaken as to a basic assumption that the warehouse was free of hazardous waste.

The contract will be rescinded due to unilateral mistake, but only if Sarita can prove that Juan caused or had reason to know of Sarita's mistaken belief that the warehouse was free of hazardous waste.

The contract will not be rescinded, because Sarita bore this risk of this mistake.

The contract will be rescinded, because both Juan and Sarita were mistaken as to a basic assumption that the warehouse was free of hazardous waste.

 

The contract will be rescinded due to unilateral mistake, because the contract would be unconscionable to enforce otherwise.

Answer:

The contract will be rescinded, because both Juan and Sarita were mistaken as to a basic assumption that the warehouse was free of hazardous waste.

Explanation:

This mistake is a common mistake because both Juan and Sarita were not aware nor suspected the presence of leaking hazardous waste in the warehouse. In law, a common mistake arises where the mistake is shared by both parties, in this case, Juan and Sarita.  A common mistake is fundamental in a contract and directly affects the basic definition of the contract terms.

Texteriles Company creates different types of bolts of cloth. These bolts of cloth are made on the same machinery. The textile machines have the capacity of 3,600 hours per month. Texteriles is considering producing three different types of cloth: denim, chenille, and gauze, with contribution margins per bolt of $14, $22, and $9, respectively. Texteriles knows it can sell only a total of 6,000 bolts of denim, 2,000 bolts of chenille, and/or 1,200 bolts of gauze. A bolt of each type of cloth requires a different amount of machine time as follows: denim takes 0.5 machine-hours, chenille takes 1 machine-hour, and gauze takes 0.3 machine-hours. What combination of products will maximize the profits of Texteriles

Answers

Answer:

Combination of products shall be:

Denim = 6,000 bolts

Chenille = 240 bolts

Gauze = 1,200 bolts

Explanation:

As provided the machine hours are limited thus, the constraint is machine hours.

Accordingly contribution per machine hour shall be computed.

Denim has contribution of $14 for each 0.5 machine hour, thus, contribution per hour = [tex]\frac{14}{0.5} = 28[/tex]

Chenille has contribution of  $22 per machine hour

Gauze has contribution of $9 per 0.3 hours, thus contribution per machine hour = [tex]\frac{9}{0.3}[/tex] = $30

According to contribution per hour, ranking of products shall be

Gauze I

Denim II

Chenille III

Therefore, bolts of gauze to be produced = 1,200 that is maximum

Hours required = 1,200 [tex]\times[/tex] 0.3 = 360

Hours remaining = 3,600 - 360 = 3,240

Bolts of Denim to be produced = 6,000 that is maximum

Hours required = 6,000 [tex]\times[/tex] 0.5 = 3,000

Hours remaining = 3,240 - 3,000 = 240

Bolts of Chenille that can be produced = [tex]\frac{240\ hours}{1\ bolt\ per\ hour}[/tex] = 240 bolts

Total contribution in this case

= (1,200 [tex]\times[/tex] $9) + (6,000 [tex]\times[/tex] $14) + (240 [tex]\times[/tex] $22)

= ($10,800 + $84,000 + $5,280)

= $100,080

Which services would a charitable organization provide? Check all that apply. preserving waterways operating a city aquarium opening an animal shelter inventing a new pet feeder owning a pet store franchise​

Answers

Answer:

preserving waterways

operating a city aquarium

opening an animal shelter

Explanation:

edge 2020

In this context, the services that a charitable organization will provide includes:

Preserving waterwaysOperating a city aquariumOpening an animal shelter

What is a charitable organization?

This is a nonprofit organization that is created to advance some form of public benefit to the people.

These organization are established by individual or companies with an objectives of philanthropy and promotion of social well-being.

Therefore, the Option A, B and C is correct.

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Start with the beginning balances for these​ T-accounts: Accounts​ Receivable, $100,000​, Allowance for Uncollectible​ Accounts, $14,000. Post the following 2018 transactions to the​ T-accounts: a. Service revenue of $697,000​, all on account b. Collections on​ account, $714,000 c. ​Write-offs of uncollectible​ accounts, $8,000 d. ​Uncollectible-account expense​ (allowance method), $11,000. What are the ending balances of Accounts Receivable and Allowance for Uncollectible​ Accounts?

Answers

Answer:

T-accounts:

The ending balances of Accounts Receivable and Allowance for Uncollectible​ Accounts are:

Accounts Receivable = $75,000

and

Allowance for Uncollectible Accounts = $17,000

Explanation:

Accounts Receivable

Accounts Title           Debit       Credit

Balance                  $100,000

Service Revenue    697,000

Cash                                         $714,000

Uncollectible written off             $8,000

Balance                                     $75,000

Allowance for Uncollectible Accounts

Accounts Title                   Debit       Credit

Balance                                            $14,000

Uncollectible written off $8,000

Uncollectible Expense                      11,000

Balance                            17,000

Indicate in the space provided by each item whether it would appear on the income statement, balance sheet, or retained earnings statement: a. Service Revenue choose a statement b. Utilities Expense choose a statement c. Cash choose a statement d. Accounts Payable choose a statement e. Supplies choose a statement f. Salaries and Wages Expense choose a statement g. Accounts Receivable choose a statement h. Common Stock choose a statement i. Equipment choose a statement j. Advertising Expense choose a statement k. Dividends choose a statement l. Notes Payable choose a statement

Answers

Answer:

a. income statement

b. income statement

c. balance sheet

d. balance sheet

e. balance sheet

f.  income statement

g. balance sheet

h. balance sheet

i.  balance sheet

j.  income statement

k. retained earnings statement

l.  balance sheet

Explanation:

Income Statement,

Shows the Profit or Loss attained during the Reporting Period. Elements included in it are Revenues/Incomes and Expenses.

Balance Sheet,

Shows the Balance of Assets, Liabilities and Equity as at the Reporting Date.

Retained Earnings Statement

Shows the amount of Profit that is left as a reserve after the payments of dividends and transfers to other reserves.

The Year 1 selling expense budget for Karin Corporation is as follows: Budgeted sales $2,500,000 Selling costs: Delivery expenses $25,000 Commission expenses 75,000 Advertising expenses 20,000 Office expenses 12,000 Miscellaneous expenses 30,000 Total $162,000 Delivery and commission expenses vary proportionally with budgeted sales in dollars. Advertising and office expenses are fixed. Miscellaneous expenses include $10,000 of fixed costs. The rest varies with budgeted sales in dollars. The Year 2 budgeted sales is $3,400,000. What will be the value for commission expenses in the Year 2 selling expense budget? Group of answer choices $102,000 $24,000 $48,000 $122,000

Answers

Answer:

The correct answer is A.

Explanation:

First, we need to separate the fixed from the variable components:

Fixed costs:

Advertising expenses 20,000

Office expenses 12,000

Miscellaneous expenses 10,000

Variable costs:

Delivery expenses $25,000

Commission expenses 75,000

Miscellaneous expenses 20,000

Total $120,000

Now, the proportion of variable costs to sales:

Total selling expense proportion= 120,000/2,500,000= 0.048

For each variable cost:

Delivery expenses= 25,000/120,000= 0.20

Commission expenses= 75,000/120,000=  0.63

Miscellaneous expenses= 20,000/120,000= 0.17

Finally, for $3,400,000 sales:

Total variable cost= 3,400,000*0.048= $163,200

Comissions= 0.63*163,200= $102,816

Social Security benefits are increased each year in proportion to the increase in the CPI, even though most economists believe that the CPI overstates actual inflation. True or False: If the elderly consume the same market basket as other people, then Social Security would provide a decrease in their standard of living. True False Healthcare costs have risen faster than overall inflation. True or False: If the elderly consume a market basket that includes more healthcare than other people, then Social Security necessarily provides an increase in their standard of living. True False

Answers

Answer:

1. False

2. False

Explanation:

1. Let's say social security increases as CPI goes up and in the same rate, then the elderly would be better off. in this case here there's is an overstatement of the cost of living. less expensive goods would be substituted for goods in consumer basket as prices rise. so this statement is false

2. this is false because since the healthcare inflation has gone up than what actual inflation was then we would have the adjusted security behind the actual increase in social security that is needed.

Which of the following are benefits of private student loans?
-Can get a better rate with a parent co-signing the Lon
-Applications and processing time is very short, which means students get money faster
-Loans can be larger to cover the actual cost of attendance
-Borrowers can receive additional discounts such as good discount for good grades
-All the above

Answers

Answer:

Try all of the above. I hope this helped!

Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax's sales are for credit (no cash is collected at the time of sale). The company began 2021 with a refund liability of $390,000. During 2021, Halifax sold merchandise on account for $12,800,000. Halifax's merchandise costs is 70% of merchandise selling price. Also during the year, customers returned $370,000 in sales for credit, with $204,000 of those being returns of merchandise sold prior to 2021, and the rest being merchandise sold during 2021. Sales returns, estimated to be 3% of sales, are recorded as an adjusting entry at the end of the year. Required: 1. Prepare entries to (a) record actual returns in 2021 of merchandise that was sold prior to 2021; (b) record actual returns in 2021 of merchandise that was sold during 2021; and (c) adjust the refund liability to its appropriate balance at year end. 2. What is the amount of the year-end refund liability after the adjusting entry is recorded

Answers

Answer:

Please find attached solution to the above questions

Explanation:

a. Record actual returns in 2021 of Merchandize that was sold prior to 2021.

b. Record actual returns in 2021 of Merchandize that was sold during 2021

c. Adjust the refund liability to its appropriate balance at year end.

2. What is the amount of the year end refund liability after the adjusting entry is recorded.

Please see detailed solution as attached in respect of the above questions.

a firm has total interest charges of $10,000 per year, sales of $1 million, a tax rate of 40 percent, and a net profit margin of 6 percent. What is the firm's times interest earned ratio

Answers

Answer:

10400

Explanation:

The firm's times interest earned ratio is 10.

What is interest?

Someone borrows money during a hard time, they are paying additional amount, which is an interest. In monetary terms, interest is a yearly percentage of the loan amount. Different categories, including simple interest, compound interest, and annual interest, are used to categorize the loan.

The given amount is:

Interest charge = $10,000Sales = $1,000,000Tax rate = 40%Net profit margin = 6%

firm's net income:

Net income = sales × net profit margin.

Net income = $1,000,000 × 6%

Net income = $60, 000

earnings before interest and taxes (EBIT)

EBIT = [tex]\frac{Net income}{1 - tax rate}[/tex]

EBIT = [tex]\frac{60,000}{1 - 40}[/tex]%  (1 - 40%)

EBIT = 1000, 000

The firm's times-interest-earned ratio (TIE):

TIE = [tex]\frac{EBIT}{Interest charge}[/tex]

TIE = [tex]\frac{100, 000}{10, 000}[/tex]

TIE = 10

As a result, the times interest earned ratio is 10.

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Timothy wants to cut costs in his company to increase the profitability of production. Which tactic should Timothy utilize to cut the costs and maintain the quality of output?

A.

using shorter transport routes

B.

use low-grade raw materials

C.

overworking the employees

D.

overstocking the input

Answer right gets

Answers

Answer:

A

Explanation:

Answer:

A) using shorter transport routes

Explanation:

I took the test, and just got it correct

How can you leverage your strength in the workplace? How can you strengthen your weakness? Not real good on business please helpp!!!!

Answers

Answer:

in a workplace it is about teamwork to accomplish a common goal if you are good at something it makes you an asset to the company you help coworkers in that area if you have a weakness you work with coworkers to educate yourself in that area so that in the future you can do better

what prportion of revenues is derived from property taxes? do the notes clearly indicate recognition croteria for promary revenue source?

Answers

Answer:

17 percent of general revenue.

Explanation:

The government budgets the general fund with the legally adopted budgets. The operating accounts have budgetary counterparts and they are recorded in the respective accounts. The revenue from property tax usually totals to $526 billion which 1% of state owned tax and 17% of general tax revenue.

PLEASE HELP!!! I need to come up with a unique business that would be convenient in a high school. It can be one that sells food, drinks, etc

Answers

A lot of people complain that high school cafeteria food is the worst, some complain that the good food is too expensive. So a good business idea would be a sort of fast food restaurant in the high school that would sell items like burgers, pizzas, etc. It could be like a Diner in the high school with indoor seating and a whole diner-like aesthetic. Good food at a relatively low price, good quality at a cheap price.

If you have a bank account whose principal = $1000, and your bank compounds the interest twice a year at an interest rate of 5%, how much money do you have in your account at the year's end?

Answers

Answer:

1,050.63

Explanation:

The amount in the bank will be the same as the future value of the principal amount at 5% interest. The formula for calculating compound interest is

FV = PV × (1+r)n

where FV = Future Value

PV = Present Value

r = annual interest rate

n = number of periods

In this case, Pv =$1000, r =5%, n =2. since there two periods in the year, the interest rate will be divided by two, 5%/2= 2.5%

FV= 1000 x (1+2.5/100) 2

Fv = 1000 x ( 1 + 0.025)2

fv = 1000 x 1.050625

fv= 1,050.625

The amount will be $ 1,050.625

Vanessa Jones is the assistant chief accountant at IBT Company, a manufacturer of computer chips and cellular phones. The company presently has total sales of $20 million. It is the end of the first quarter and Vanessa is hurriedly trying to prepare a trial balance so that quarterly financial statements can be prepared and released to management and the regulatory agenicies. THe total credits on the trial balance exceed the debits by $1,000.

In order to meet the 4pm deadline, Vanessa decides to force the debits and credits into balance by adding the amount of the difference to the Equipment account. She chose Equipment because it is one of the larger account balances; percentage wise, it will be the least misstated. Vanessa plugs the difference! She believes that the difference is quite small and will not affect anyone's decisions. She wishes that she had another few days to find the error but realizes that the financial statements are already late.

A. Who are the stakeholders in this situation?

B. What ethical issues are involved?

C. What are Vanessa's alternatives?

Answers

Answer and Explanation:

The stakeholders include:

1. The rush in preparing the financial statements for the quarter

2. The overstatement of an account by $1000 on either the debit or credit side of the trial balance

Ethical issues:

1. She has been dishonest by plugging a figures $1000 into a wrong account

2. There could be loss of cash as the difference of $1000 could be caused by a liability account

Alternatives:

1. A suspense account could have been opened for the difference of $1000 and plugged into the trial balance

2. An account with the difference $1000 unknown could have been opened

Although GDP is a reasonably good measure of a nation’s output, it is not an accurate measure of a nation’s well-being. Which of the following options are either not accounted for or are measured inaccurately in calculations of GDP for the United States? Check all that apply. The variety of goods available to consumers The parts of a car manufactured in the United States that are produced in Canada The value of babysitting services, when the babysitter is paid in cash and the transaction isn’t reported to the government The loss of enjoyment people incur when scenic land is converted to commercial use Federal government paychecks to soldiers

Answers

The quality of goods available
The value of babysitting services
Babysitter paid in cash and not reported
The loss of enjoyment
And land is converted

Product White Fragrant Loonzain Total Percentage of total sales 48 % 20 % 32 % 100 % Sales $ 312,000 100 % $ 130,000 100 % $ 208,000 100 % $ 650,000 100 % Variable expenses 93,600 30 % 104,000 80 % 114,400 55 % 312,000 48 % Contribution margin $ 218,400 70 % $ 26,000 20 % $ 93,600 45 % 338,000 52 % Fixed expenses 233,480 Net operating income $ 104,520 Dollar sales to break-even = Fixed expenses = $233,480 = $449,000 CM ratio 0.52 As shown by these data, net operating income is budgeted at $104,520 for the month and the estimated break-even sales is $449,000. Assume that actual sales for the month total $650,000 as planned. Actual sales by product are: White, $208,000; Fragrant, $260,000; and Loonzain, $182,000. Required: 1. Prepare a contribution format income statement for the month based on the actual sales data. 2. Compute the break-even point in dollar sales for the month based on your actual data.

Answers

Answer:

1) contribution format income statement

                                                       Product                            

                              White               Fragrant             Loonzain            Total

Actual sales        $208,000         $260,000           $182,000         $650,000

Variable exp.        $62,400 (0.3) $208,000 (0.8)    $100,100 (.55) $370,500

Con.  margin        $145,600 (0.7)   $51,200 (0.2)      $81,900 (.45)  $278,700

Fixed expenses                                                                                  $233,480

Operating income                                                                                $45,220

2) break even point in dollar sales = fixed expenses / CM ratio = $233,480 / ($278,700 / $650,000) = $544,535.34

Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $38,600. Cash receipts are expected to be $652,000 and cash payments for purchases are expected to be $614,000. Other cash expenses expected are $28,100 selling and $34,600 general and administrative. The company desires a minimum cash balance at the end of each month of $25,000. If necessary, the company borrows enough cash to meet the minimum using a short-term note. The amount Webster must borrow during April is: Multiple Choice $0. $11,100. $13,900. $101,600. $76,600.

Answers

Answer:

$11,100

Explanation:

Calculation for the amount Webster must borrow during April

First step is to find the Preliminary Cash Balance

Preliminary Cash Balance = $38,600 + $652,000 - $614, 000 - $28,100 - $34,600

Preliminary Cash Balance=$13,900.

Second step is to find the amount to be borrowed

The amount to be borrowed = $25,000 - $13,900

The amount to be borrowed= $11,100.

Therefore The amount to be borrowed is $11,100.

Which of the following best describes the main difference between B2B and B2C transactions? B2B transactions involve transactions where the buyers and sellers are both businesses, while B2C involves transactions between businesses and consumers. B2B transactions focus on financial transactions while B2C e-commerce focuses on the sale of manufactured goods. B2B transactions refer to business between nonprofit organizations while B2C e-commerce is carried out by business firms seeking to earn a profit. B2B transactions involve sales in foreign markets while B2C e-commerce is restricted to domestic markets.

Answers

Answer: B2B transactions involve transactions where the buyers and sellers are both businesses, while B2C involves transactions between businesses and consumers.

Explanation:

Business-to-business transactions are simply regarded as the transactions that takes place between one business and another business. This can occur when the business is looking for inputs for its production process.

Business-to-consumer transactions simply regarded as the transactions that takes place between a business and the customers. This occurs when a business sells its goods or services to the customers directly without the goods passing through the middlemen.

(Table) Germany has a comparative advantage in producing
Sweaters
Germany 6
Greece
4
Skirts
12
20
sweaters and skirts.
skirts only.
sweaters only.
neither good.

Answers

Answer:

sweaters only.

Explanation:

Comparative advantage is the ability of a firm or country to produce products using fewer resources than others. An institution or nation with a comparative advantage in producing certain goods or services will sell them at a lower price compared to others.  

Given the same quantity of inputs, a country or company with a comparative advantage will produce more output units than the rivals. Germany has a comparative advantage over Greece in making sweaters. With the same inputs, Germany will produce six sweaters while Greece will produce four. However, Greece has a comparative advantage over Germany in making skirts.

The best estimate of the total cost to manufacture 5,100 units is closest to: (Round your intermediate calculations to 2 decimal places.)

Answers

Answer:

a. $1,009,560

Explanation:

Note: The full question is attached

Variable portion = (Total overhead for 5,400 units - Total overhead for 4,400 units) / (5,400 units - 4,400 units)

Variable portion = [($68.30)(5,400) - ($74.30)(4400)/(5,400 - 4,400)

Variable portion = (368,820 - 326,920)/1000

Variable portion = 41.9

Total cost for manufacturing 5,100 units =  (5,100) ($77.90 + $50.20 +$ 41.90 )+ (368,820 - (5,400)(41.90)

Total cost for manufacturing 5,100 units = $867,000 + $142,560

Total cost for manufacturing 5,100 units = $1,009,560

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