If a company uses straight-line depreciation, the average investment is calculated as: Average Investment = (Beginning book value + salvage value)/2.
What is average investment?Average investment can be defined as the start up capital or amount of money that will be needed to start up a business.
Using straight line method Average investment can be calculated using this formula:
Average Investment = (Beginning book value + Salvage value)/2
Inconclusion Average Investment = (Beginning book value + salvage value)/2.
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A career path that involves horizontal movement within or across organizations is referred to as a(n) _____.
When a person moves horizontally within or across organizations, this is called a horizontal career growth.
What is a horizontal career growth?This is when someone moves across job titles from one company to another or within the same company.
It is called a horizontal move because the person will still be at the same job level that they were at the job they moved from.
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Lazer industries, inc. manufactures medical equipment parts and accessories. assume all amounts are pre-tax and a 21% tax rate for 20x1.
net sales $1,200,000
interest expense $150,000
gain on sale of discontinued operations $400,000
cost of goods sold $300,000
selling, general and administrative expenses $170,000
gain on sale of investments $30,000
restructuring charges $20,000
required:
prepare a multiple-step income statement for lazer industries, inc. based on the available information for the year ended december 31, 20x1.
The multi-step Income Statement for Lazer Industries, Inc. for the year ended December 31, 20x1 is as follows:
Lazer Industries, Inc.
Multi-step Income StatmentFor the year ended December 31, 20x1
Net sales $1,200,000
Cost of goods sold $300,000
Gross profit $900,000
Expenses:
Selling, general and administrative $170,000
Operational income $730,000
Interest expense $150,000
Ordinary Income before tax $580,000
Gain on sale of
discontinued operations $400,000
Gain on sale of investments $30,000
restructuring charges ($20,000)
Taxable income $990,000
Tax on ordinary income $207,900
Net income $782,100
What is a multiple-step income statement?A multiple-step income statement is an income statement that categorizes incomes and expenses into operating and non-operating heads so that the net income can be computed after taking into account operating, ordinary, and extraordinary revenues and expenses.
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What type of account is used to pay for daily expenses?.
Answer:
Checking accounts are used for everyday spending
Explanation:
The key features of this type of bank account are a linked debit card you can use for purchases or ATM withdrawals, as well as check-writing abilities. The account type also allows you to deposit cash or checks and pay bills.
[blank]_ is the idea that a group of entities, like states, are bound together in a contract or covenant.
Answer:
I think it is Federalism.
Explanation:
hope this helps if not please let me know
You have $55,000 in a savings account that pays 2% interest per year.
The inflation rate that year is 3.24%.
To calculate simple interest: Principal x Rate x Time = Interest
How much do you make in interest in a year?
Answer:
1. the interest make in a year is $1100
2. the spending power need to make to keep up with inflation in that year is $1782.
3. the buying power lose in that year because of inflation is $682. the buying power lose in that year because of inflation is $682.
Explanation:
In a savings account, amount $55,000 which pays 2% interest each year and the rate of inflation is 3.24% gives,
1.The interest make in a year is $1100
2. Spending power need to make to keep up with inflation in that year is $1782.
3. Buying power lose in that year because of inflation is $682
1. the interest make in a year is $1100
2. the spending power need to make to keep up with inflation in that year is $1782.
3. the buying power lose in that year because of inflation is $682. the buying power lose in that year because of inflation is $682.
Fiscal policy that focuses on shifting the long-run aggregate supply curve to the right is _____ policy. contractionary mandatory fiscal aggregate shifts supply-side fiscal
Fiscal policy that focuses on shifting the long-run aggregate supply curve to the right is: supply-side fiscal policy.
What is supply-side fiscal policy?Supply-side fiscal policy can be defined as the type of policy which state that when their is increase in aggregate supply or increase in the amount of goods or products supply it will lead to increase a country efficiency.
Although the issue with supply-side fiscal policies is that it often take a while to work compare to demand-side fiscal policies.
Inconclusion Fiscal policy that focuses on shifting the long-run aggregate supply curve to the right is: supply-side fiscal policy.
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who buys and sells stocks on the exchange
Answer:
i do
Explanation:
Will the government extend student loan forbearance.
According to the business cycle represented in the diagram above, the actual rate of unemployment equals the natural rate of unemployment when the economy is.
According to the business cycle, the actual rate of unemployment equals the natural rate of unemployment when the economy is on the potential line.
What is Unemployment?This refers to the situation in which a person is without paid employment and cannot adequately cater to his needs.
Hence, we can see that from the complete question, there is an image attached which shows real output graphed against time and there is the expansion, peak, etc and there is equality between the actual and natural rate of unemployment on the potential line.
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Would a change in the interest rates from 8% to 7% encourage a banks customers to borrow more money? Explain.
A) No, it would not encourage more borrowing, because a lower interest rate means that they would earn more interest over the course of the loan
B) Yes, it would encourage mor borrowing because a lower interest rate means that they would earn more interest over the course of the loan
C) Yes, it would encourage more borrowing because a lower interest rate means that they would have less interest to repay over the course of the loan
D) No, it would not encourage more borrowing, because a lower interest rate means that they would have less interest to repay over the course of the loan
Answer:
The answer would be D
Explanation:
The reason why i got that is an interest rate is the cost of borrowing money. Or, on the other side of the coin, it is the compensation for the service and risk of lending money. In both cases it keeps the economy moving by encouraging people to borrow, to lend, and to spend. But prevailing interest rates are always changing, and different types of loans offer different interest rates. If you are a lender, a borrower, or both, it's important you understand the reasons for these changes and differences. They also have a heavy effect on the rare metals trade, including silver stocks.
Yes, because they would have less interest to pay back over the term of the loan, a lower interest rate would encourage additional borrowing. Hence, Option (C ) is the accurate answer.
What is an interest rate?An interest rate is an amount of interest that is payable each period stated as a percentage of the amount that was lent, deposited, or borrowed.
The principal amount, interest rate, frequency of compounding, and duration of the loan, deposit, or borrowing determine the total amount of interest on a sum that was lent or borrowed.
Interest rates are one of the main pillars of the American economic system. They affect borrowing costs and savings yields and greatly contribute to the overall return on many different types of assets. Additionally, some interest rates provide insight into the forthcoming financial market and economic activity.
Hence, option (C ) is the correct one.
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Who makes it legally en forcable promises in a unilateral insurancew policy]
Answer:
Unilateral Contract — a contract in which only one party makes an enforceable promise. Most insurance policies are unilateral contracts in that only the insurer makes a legally enforceable promise to pay covered claims. By contrast, the insured makes few, if any, enforceable promises to the insurer.
Explanation:
Management generally resists allowing employees to manage their own workflow because it decreases their motiviation. please select the best answer from the choices provided t f
It is false that management generally resists allowing employees to manage their own workflow because it decreases their motivation.
What are the impacts of allowing employees to manage their workflow?Employees when have the authority and responsibility in managing their own tasks then it creates higher productivity. It is due to their rise in motivation as management enhances their empowerment and involvement in the workplace.
Thereffore, when management does not offer power to control and make decisions for their task then it would dissatisfy them with work procedures.
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Answer:false
Explanation:took the test
In a situation where you cannot meet face to face with a coworker, who is responsible for making sure that your communication is easily understandable? a. your coworker is responsible b. you are responsible c. your supervisor is responsible d. none of the above is responsible
A coworker is a person who works with you in an organization at the same level. You are responsible for effective communication.
What is communication?Communication is the exchange of content, knowledge, or information from one source to another. Good and effective communication is needed between coworkers.
It helps in building bonds, better understanding, and helps in teamwork. To connect with distant coworkers one has to take the initiative.
Therefore, option b. you are responsible for effective communication.
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Markets for individuals looking to buy products or services for personal or household use are called _____.
When an individual wants to buy goods and services for personal or household use, they can go to a Consumer Market.
What is a consumer market?This is a market where final goods and services are sold to consumers for their personal or household use.
Such a market includes all those who sell directly to consumers such as retailers, and food markets.
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Given the following, compute the standard cost per widget. Direct materials per unit 4 pounds Direct material cost $1.25 per pound Direct labor per unit 1.5 hours Direct labor rate $10.00 per hour Variable overhead rate $4.00 per hour Multiple choice question. $11.00 $21.00 $26.00 $20.00
The standard cost per widget if Direct materials per unit 4 pounds and Direct material cost $1.25 per pound is: $26.00.
Standard cost per weightUsing this formula
Standard cost per weight=Materials+ Labor+ Overhead
Let plug in the formula
Standard cost per weight= (4 pounds × $1.25) + (1.5 hours × $10.00) +(1.5 hours × $4.00)
Standard cost per weight=$5+$15+$6
Standard cost per weight=$26
Therefore the standard cost per widget if Direct materials per unit 4 pounds and Direct material cost $1.25 per pound is: $26.00.
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The term ____________________ describes the increasing connectedness of societies and their economies as a result of developments in transportation and communication.
The term globalization describes the increasing connectedness of societies and their economies as a result of developments in transportation and communication.
What is Globalization?This refers to the connectedness between different societies which brings them closer in terms of development and communication.
Hence, we can see that as a result of globalization, we can see that the world is now a global village and communication is fast and instant even across great distances.
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A student purchased a used car for $5,000 three months ago. The car now needs a major repair which will cost $2,000. If the student decides to keep the car and make the repair to the car, then the out-of-pocket costs will be:
Answer:$2,000
Explanation:
7,000-5,000=2,000
When negative externalities exist, an unregulated market will produce ______ of the good and the price will be ______ when compared to the efficient level of production.
When negative externalities exist, an unregulated market will produce too much of the good and the price will be low when compared to the efficient level of production.
What is a negative externality?This is type of externality that occurs when the production or the consumption of a good brings about extra costs for another party.
When this is the case, then it may result in one party having benefits and the other party suffering for the benefits.
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If a person has $1,000 in a savings account and earns $20 a year in interest on that account, the rate of return on the money is close to
Answer:
2%
Explanation:
Which of the following are characteristics of hard money? i. donations from individuals and interest group pacs ii. regulated by the federal election commission iii. goes directly to a political candidate iv. can be used for advertising or other campaign expenses a. i, ii, iii, and iv b. i and ii only c. i, iii, and iv only d. ii, iii, and iv only please select the best answer from the choices provided a b c d
The characteristics of hard money include donations from individuals and interest group PAC'S, and they are regulated by the Federal Election Commission.
What is hard money?Hard money and soft money are often used to describe the type of currency and also refer to political currency in the United States.
These two combined factors are the definition of what is considered "hard money" in politics.
Hard money is separated from soft cash, because the latter comes from a donation that can be controlled by the Federal Election Commission.
Thus, the correct answer is option B.
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President carter’s second economic plan proposed new regulations for businesses. controlling wages and consumer pricing. a new method for reducing stagflation. establishing a national banking system.
Answer:
B. controlling wages and consumer pricing
Right on edge
Explanation:
President carter’s second economic plan proposed new regulations for controlling wages and consumer pricing. Thus the correct answer is B.
What are the objective of President carter’s economic policy?President carters economic policy focus towards reducing inflation with the help of spending and deficit reduction strategies. He also focus towards generating employment to improve the situation.
The Carter Administration tried to make government more effective, productive by carrying on the regulatory reform process started by the Nixon Administration.
To reduce the inflation he launched regulation to control wages and pricing on the consumer to maintain the flow of funds.
Therefore, option B Controlling wages and consumer pricing is the appropriate answer.
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When referring to factors of production,
which of the following is an example of land?
Answer:
The first factor of production is land, but this includes any natural resource used to produce goods and services. This includes not just land, but anything that comes from the land. Some common land or natural resources are water, oil, copper, natural gas, coal, and forests.
Why do current and available balances sometimes show different amounts of money in the same account?.
Current and available balances sometimes show different amounts of money in the same account because of: Pending transaction.
What is current and available balance?Current balance is the balance you have in your account while available balance on the other hand is the balance in your account that you have access to withdraw at any period of time.
The major reason why current and available balance may differs is because some transaction you made has not yet being processed by your bank.
Therefore current and available balances may show different amounts of money in the same account because of: Pending transaction.
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If a firm in a perfectly competitive market triples the quantity of output sold, then total revenue will:.
If a firm in a perfectly competitive market triples the quantity of output sold, then total revenue will: exactly triple.
What is a perfect competitive market?A Perfect competitive market is a type of market that has different manaufacturers which sell product that are slightly the same and the price of those product are also slightly the same.
Their is competition in this type of market based on the fact that each producer compete against one another.
Inconclusion If a firm in a perfectly competitive market triples the quantity of output sold, then total revenue will tripple the same.
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The path-goal theory of leadership identified two contingency factors that cause some leadership behaviors to be more effective than others: environmental factors and ______.
According to the path-goal leadership theory, the two contingency factors that make leadership behaviors more effective are the environmental factors and the characteristics of employees.
What is a path-goal theory?Path goal theory was evolved by Robert House in the year 1971. It states the behavior of an employer is accidental on the basis of the characteristics of their employees.
The two factors impacting the leadership goals under path-goal theory are the environmental factors which include the kind of leader's behavior so that the results from the employees can be enhanced and the employee's characteristics include the performance, motivation, and satisfaction among employees due to leader's behavior.
Therefore, the employee characteristics and the environment-related factors are much affecting the behavior of leaders under the path-goal theory.
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Which argument is made by supporters of reforms to the cash bail system in texas?.
The argument is made by supporters of reforms to the cash bail system in Texas is that it unfairly keeps poor people locked up.
What is a argument?It should be noted that an argument simply means the stance of an individual regarding a particular topic.
In this case, the argument is made by supporters of reforms to the cash bail system in Texas is that it unfairly keeps poor people locked up.
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Employees at livingsocial escapes who are motivated by excitement about the trips they are able to take people on are motivated by____rewards, whereas motivation that occurs as a result of receiving equity in the company illustrates the effects of____rewards.
as this company continues to grow, employee motivation should continue to be a top priority. the following table lists strategies that could be use promote the continuation of employee motivation. identify which motivation theory is associated with each suggestion given.
equity reinforcement expectanc
suggestion theory theory theory
1. maya should continue to promote the idea that
a failed trip is an opportunity to learn what not to do.
trip guides will be motivated to reduce the number of
unsuccessful trips and instead increase those
behaviors that lead to more successful trips.
2. maya knows that not all employees value free trips
and that some employees would like other rewards for
their work. she should conduct a survey to determine
what rewards employees want for good performance.
3. after maya distributes stock shares within the company,
or any other type of bonus, she should survey all her
employees and ask if they believe the compensation
was distributed using clear and acceptable rules.
When employees are motivated by excitement, this is an intrinsic motivation.
When employees are motivated by receiving equity, this is extrinsic motivation.
The motivation theories shown by the scenarios above are:
Maya should continue ... - Reinforcement theory. Maya knows that not .... - Expectancy theory. After Maya distributes...- Equity theory. What are the types of motivation witnessed?Intrinsic motivation are those things that motivate people outside of material compensation.
In this case this would be the excitement brought by trips the employees can take.
Extrinsic motivation comes from material compensation such as receiving equity in the business.
When Maya encourages her guides to do better by telling them that failure is an opportunity to learn, this is the reinforcement theory at work.
The expectancy theory posits that there are different things that motivate different employees which is why Maya should take a survey to find out those things.
The equity theory posits that employees will be more motivated if they are treated fairly and equally like Maya is doing by ensuring that compensation was distributed acceptably.
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At work, Mario was trying to show Jenessa the new procedure for stocking the shelves. Jenessa kept working as he explained and quickly became frustrated because Mario kept telling her she was doing it wrong. What could Jenessa have done first to be a better active listener?
She could have read the employee memo that explained the new procedure.
She could have asked clarifying questions to make sure she understood.
She could have stopped what she was doing to give Mario her full attention.
She could have restated what he said in her own words.
Answer:
She could have stopped what she was doing to give Mario her full attention.
Answer:
C, she could have stopped what she was doing to give Mario her full attention.
Explanation:
Good luck on your test:)
Steps in growing a good business?
A.) Rush everything and spend everything.
B.) Save up but work half way.
C.) Become a Good leader and work and save up.
Assume there is no change in aggregate supply and no change in government policy, an increase in consumer confidence will ______ unemployment and price level will _______.
An increase in consumer confidence will decrease unemployment and price level will increase.
What is aggregate supply?
Aggregate supply can simply be defined as the amount of goods and service manufactured that are supply at a particualr period of time.
In a situation where aggregare supply remain the same and government policy remain the same this will result in decrease in unemployement rate and increase in price level which is also known as inflation.
Inconclusion an increase in consumer confidence will decrease unemployment and price level will increase.
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