the usefulness of the worksheet is?
a. identifying the accounts that need to be adjusted
b. summarizing the effects of all the transaction of the period
c. adding the preparation of the FS
d. all of the above

Answers

Answer 1

The worksheet is used for identifying the accounts that need to be adjusted, summarizing the effects of all the transaction of the period and adding the preparation of the financial statements.

What is a worksheet?

It is a document used in the accounting department for analyzing and ensuring accounting entries and records. It is the working space for entering the additional information about the accounting data.

Hence, option D is correct with respect to the worksheet.

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Related Questions

Fill in the second sheet of the file entitled “Case on FCF template” where the valuation
of company A by the directors of a company interested in acquiring company A is carried
out. The cells to be filled in must be done by means of the corresponding formulas.
Entering numbers by hand is not allowed. The completed file must be attached with the
answers to the questions of the exam.

Answers

Since template is not given, answer will be subjective. The valuation of a firm is known to be the value of a firm as it entails total summation of all the claims of the firm's creditors and shareholders.

What is the valuation of a firm?

The valuation of a firm is known to be the value of a firm is that is known as the total summation of all the claims of the firm's creditors and shareholders.

Therefore, methods to use to measure it is only by summing or adding the market value of all of the firm's debt, equity, and also the minority interest.

Note that Cash and cash equivalents have to be deducted to get to the net sum or value.

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Why do car insurance companies punish you when you crash by raising the monthly bill? You pay them so that they can punish you or help you with repair costs? Which one is it?​

Answers

The insurance company puts a fine after a crash because they help me with a part of the debt to repair the damage of other cars, but a part of that cost must be paid by us.

What is an insurance company?

An insurance company is a company that offers a support service for contingencies or emergencies in different situations.

Why do they establish a fine when a crash occurs?

The insurance company puts out a fine in order to get back the money it spent to repair the damage from the crash.

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what is an an intrinsic reward?

Answers

An intrinsic reward is an internal reward that employees achieve from completing their tasks or projects successfully. These rewards are mostly psychological and are based on the effort and abilities of a person

Wise Company had the following transactions.

1. Issued 7,000 shares of common stock with a par value of $10 for $130,000.

2. Issued 2,000 shares of $100 par preferred stock at $108 for cash.

3. Purchased 500 shares of treasury stock for $20 per share

4. Sold treasury 250 shares of treasury stock at $22 per share



Instructions

Prepare the journal entries to record the above stock transactions.

Answers

The preparation of the Journal Entries to record the stock transactions of Wise Company is as follows:

Journal Entries:

1. Debit Cash $130,000

Credit Common Stock $70,000

Credit Additional Paid-in Capital- Common Stock $60,000

To record the issuance of 7,000 shares at $10 for $130,000.

2. Debit Cash $216,000

Credit Preferred Stock $200,000

Credit Additional Paid-in Capital- Preferred Stock $16,000

To record the issuance of 2,000 shares of $100 at $108.

3. Debit Treasury Stock $5,000

Debit Additional Paid-in Capital- Common stock $5,000

Credit Cash $10,000

To record the purchase of 500 shares at $20.

4. Debit Cash $5,500

Credit Treasury Stock $2,500

Credit Additional Paid-in Capital- Common Stock $3,000

To record the sale of treasury shares at $22.

Transaction Analysis:

1. Cash $130,000 Common Stock $70,000 Additional Paid-in Capital- Common Stock $60,000

2. Cash $216,000 Preferred Stock $200,000 Additional Paid-in Capital- Preferred Stock $16,000

3. Treasury Stock $5,000 Additional Paid-in Capital- Common stock $5,000 Cash $10,000

4. Cash $5,500 Treasury Stock $2,500 Additional Paid-in Capital- Common Stock $3,000

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20 points easy …………………….

Answers

Answer:

D.....................................

Consider a project to supply 100 million postage stamps per year to the U.S Postal Service for the next five years. You have an idle parcel of land available that cost $750,000 five years ago; if the land were sold today, it would net you $1,125,000 aftertax. The land can be sold for $1,295,000 after taxes in five years. You will need to install $5.1 million in new manufacturing plant and equipment to actually produce the stamps; this plant and equipment will be depreciated straight-line to zero over the project’s five-year life. The equipment can be sold for $450,000 at the end of the project. You will also need $425,000 in initial net working capital for the project, and an additional investment of $50,000 in every year thereafter. Your production costs are .38 cents per stamp, and you have fixed costs $1.1 million per year. If your tax rate is 23 percent and your required return on this project is 10 percent, what bid price should you submit on the contract?

Answers

The bid price that should be submitted on the contract based on the information given about the project will be $0.030257.

How to calculate the bid?

Firstly, we simply need to calculate the annual depreciation. This will be:

= Investment - Salvage value / Useful life

= 5100000/5

= $1,020,000

Let's assume that the bid price is x, the operating cash flow will be:

= [Revenue - Variable cost - Fixed cost - Depreciation) × (1 - tax rate)

= (1000000000x - 380000 × -1100000 - 1020000) × (1 - 23%) + 1020000

= 77000000x - 1925000 + 1020000

= 77000000x - 905000

The bid price will now be:

NPV = Present value of investment + Present value of operating cash flow

0 = -5401174.1 + (77000000x - 905000) × PVIFA(10%, 5 years)

0 = -5401174.1 + (77000000x - 905000) × 3.79

77000000x = (5401175.09/3.79) + 945000

x = 2329816.38/77000000

= 0.03257

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The expected value of an asset at the end of its useful life is known as​ ________.
residual

Answers

Its salvage value i think

Janae has created a table of her company's revenue data. The company sells its products in four cities. Janae's manager told her to create a new
visual showing the share of revenue from each city. Complete the following sentences.
Janae should choose a
to show each city's contribution to the company's total revenue. This type of visual is especially
effective because it allows her to show the revenue from each city as a
of the company's total revenue.
Reset
Next? Does anyone know the answer

Answers

Answer:

First one is "Pie Chart"

Second one is "Percentage"

Explanation:

Enjoy

what's the best way to calculate ending inventory if using FIFO method?

Answers

Answer:

According to-

Explanation:

According to the FIFO method, the first units are sold first, and the calculation uses the newest units. So, the ending inventory would be 1,500 x 10 = 15,000, since $10 was the cost of the newest units purchased.

How do objectives make it more likely that you will reach your goals? A. Objectives help guide your career choices. O B. Objectives are the best way to assess your interests. C. Objectives provide a step-by-step path to success. D. Objectives are based on others' experiences. S​

Answers

Hmm definitely c i think it is

o Explain how an auction to sell the Wells Fargo consumer-facing banking division might be used to determine the value of the division.

Answers

Assuming Wells Fargo wants to identify changes in public opinion impacting the firm, it should conduct Environmental monitoring.

What is Environmental monitoring?

Environmental monitoring can be defined as the method of observing or monitoring an environment using specialized techniques.

Environmental monitoring is important as it can help to study the environment by providing accurate and necessary information needed about the surrounding, including the impact an activity has on an environment.

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Which of the following is an example of a secured loan?

A. A student loan
B. A personal loan
C. A car loan
D. A credit card

Answers

A or D I think.. sorry if I’m wrong

HELPED NEEDED !

David’s company has production plants set up in almost 20 countries. However, his company is experiencing low demand and its total exports are decreasing. Moreover, due to strong competition, David’s company has resorted to intensive marketing strategies. This focus has led to an increase in marketing costs. In which phase of the product cycle is David’s company?

A.
introduction
B.
decline
C.
maturity
D.
growth

Answers

Answer:

B. Decline

He has scaled his business, and the years have caused damage to his overall products hence the business is in decline.

Which accounts would be affected for the following transaction: "Received an invoice from a supplier for repair services performed, final payment due in two weeks"

Debit Bank; Credit Accounts Payable
Debit Repair Expense; Credit Accounts Payable
Debit Accounts Payable; Credit Bank
Debit Repair Expense; Credit Bank
Debit Owner, Capital; Credit Repairs Expense

Answers

Answer:

Debit Bank; Credit Accounts Payable

Debit Repair Expense; Credit Accounts Payable

Question 18
Equipment Company holds a lien on Fertile Farm's equipment. The
equipment can be sold to satisfy the debt

Answers

Answer:

if, before the sale, notice is given to Fertile Farm.

Explanation:

hope this helps you have a nice day :)

8.
Which of these best describes a statement of financial position?
A.An account proving the books balance
B.A record of closing entries
C.A listing of balances
D.A statement of assets

Answers

Answer:

C. A listing of balances

Explanation:

Balance sheet or statement of financial position is a financial statement that reports all the company's assets and liabilities and equity in a specific accounting period

Design a process flowchart for hotel staff who are in charge of getting online room bookings and confirming rooms for customers through emails after receiving their orders with a required deposit.
Your process flowchart needs to solve 2 following situations:
1. Available rooms matching demand. 2.Out of room

Answers

A flowchart allows us to organize the activities that make up a sequential process. In this case, it would be the steps to obtain a hotel room reservation.

What is a flowchart?

Flowchart is a term to refer to a type of representation to represent an algorithm or process. It is used in disciplines such as:

ProgrammingEconomyIndustrial processes.Cognitive psychology.

How to make a flowchart for the situations presented?

To make a flow chart of the situations presented, we must take into account all the activities necessary to complete these procedures, for example:

Rooms available according to demand.Receive confirmation email with deposit required.Get room reservations online.Confirm reservation via email.

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Lena is currently involved in the consumer decision-making process and is looking at
price, quality, and the user reviews. What step is Lena most likely on?
identifying problem
O comparison
product selection
evaluation

Answers

Answer:

je suis desole Mai's JE NE comprends pas que la question est??

Chris is a project manager. He has just completed the project-execution phase. What tasks does he need to
complete during the next phase of the project? CHECK ALL THAT APPLY

Create a project schedule

Send out the project review report

Give the deliverable to the customer

Conduct a risk assessment

monitor and control the project

Build the deliverable

Back up important project documents

Conduct the project review

Answers

As a project manager, it is important for Chris to review the technicalities of the project and then building the deliverables in such a way that they can be given to the customer.

Who is a project manager?

A project manager is a professional who is involved in completion of a project being assigned to him in the organization with the help of resources available at his end.

After the execution of a project has been completed, a review must be done for the project, after which important backups of the project must be made.

This shall be followed by project review report must be sent to the respective authorities. Finally, deliverables are to be built and given to the customer as per their requirements.

Hence, options B, C, F, G and H hold true regarding the next phases to be completed by Chris as a project manager.

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Respond to the posts indicating your agreement or disagreement with their position and why. Feel free to bring in additional references to these reply posts.

Answers

The US would benefit from gaining access to the Euro zone market and look to expand business by taking advantages of cheap import prices in the Euro zone. While the US would benefit from importing goods from India, china and Japan owing to cheaper export prices to these countries.

What is import and export?

An export is the sale of goods to a foreign country, while an import is the purchase of foreign manufactured goods in the buyer's domestic market.

When a country is importing goods, this represents an outflow of funds from that country. Local companies are the importers, and they make payments to overseas entities, or the exporters.

A healthy economy is one where both exports and imports are experiencing growth. This typically indicates economic strength and a sustainable trade surplus or deficit.

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Inter1. Interview a business owner/manager on the crisis experienced in the workplace

Answers

The outcome of the interview shows that the crisis experienced in the workplace is due to:

Financial CrisisPersonnel CrisisOrganizational CrisisTechnological Crisis, etc.

What is a business crisis?

This is known to often take place when an unexpected issue comes up and puts the stability of a company or firm at risk.

Therefore, The outcome of the interview shows that the crisis experienced in the workplace is due to:

Financial CrisisPersonnel CrisisOrganizational CrisisTechnological Crisis, etc.

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What is Top Glove's company process strategy?

Answers

Answer: Top Glove's growth strategy is two-fold: organic and inorganic expansion. Its yearly production capacity increased dramatically from 3.2 billion pieces in 2001 to 64 billion pieces in 2019.

Explanation:

Answer:

Top Glove's management's focus is to use technology to further automate its production lines, reduce the number of workers, and improve the efficiency of its line and quality of its products.

Explanation:

In the United States, what is the average age range of CEOs?
OA
30s
OB.
40s
Ос.
50s
OD.
60s

Answers

Answer:

Go with either 40s or 50s (mainly 50s)

Explanation:

The more average age of CEOS stood in between 54.1 years, 4.1 years past 50s which is a little past the average range, it also said 40s on that chart too, but that must be for CFOS.

~rere

Question 7 of 10
What is product positioning?
A. The process of dividing up a total market into groups (segments)
with similar needs and buying behaviors
O B. The set of plans for product, price, place, and promotion that the
marketer will use
O c. A definition of how the company intends for customers to view its
product relative to the competition
O D. The use of names and symbols to identify the company's
products

Answers

Answer:

B. the set of plans for product, price, place, and promotion that the marketer will use

How nike failed to promote a healthy intercultural and diverse communication environment

Answers

Explanation:

Nike’s HR chief has conceded that it has “failed” in promoting and hiring women and minorities to senior-level positions within the business.

The memo comes just a few weeks after the resignation of general manager of global categories Jayme Martin amid reports of inappropriate behaviour.

Toyota Motor Credit Corporation (TMCC), a subsidiary of Toyota Motor Corporation, offered some securities for sale to the public on March 28, 2008. Under the terms of the deal, TMCC promised to repay the owner of each security $100,000 on March 28, 2038, but investors would receive nothing until then. Investors paid TMCC $24,099 for each of these securities; so they paid $24,099 on March 28, 2008 for the promise of a $100,000 payment 30 years later. Why would TMCC be willing to accept such a small amount today ($24,099) in exchange for a promise to repay about four times that amount ($100,000) in the future? A feature of this particular deal is that TMCC has the right to buy back the securities on the anniversary date at a price established when the securities were issued. What impact does this feature have on the desirability of this security as an investment?

Answers

To avoid the confusion, normal equation will be like this,

24,099*(1+r)³°=100,000

Solving for r we get,

r=4.8576%

What are securities?

The term "security" refers to a fungible, negotiable financial instrument that holds some type of monetary value. It represents an ownership position in a publicly-traded corporation via stock; a creditor relationship with a governmental body or a corporation represented by owning that entity's bond; or rights to ownership as represented by an option.

Securities can be broadly categorized into two distinct types: equities and debts. However, some hybrid securities combine elements of both equities and debts.

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In the case Blockchain Technology in Action: Walmart and Alibaba. Walmart is using Blockchain technology to improve what piece of their business?


Marketing


Supply Chain


HR

Answers

The improvement to their Walmart business forms the piece of their marketing.

What is Blockchain technology used for?

Walmart employed blockchain to create an automated system for managing invoices from and payments to its 70 third-party freight carriers.

Hence, the improvement to their business forms the piece of their marketing.

Therefore, the Option B is correct.

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Research title related to ABM​

Answers

Answer:

They are: business, marketing, accounting, project management, and human resources.

Hope it helps...

Wesley has asked his assistant to prepare an income and expense statement for a meeting. Which costs can the assistant include in the
operating expenses in the statement?
OA. loan payments
OB. taxes
OC. cost of land purchase
O D.
cost of the purchase of heavy machinery
OE inventory expenses

Answers

The cost that the assistant can include in the operating expenses in the statement include:

A. loan paymentsB. taxesD. cost of the purchase of heavy machineryE inventory expenses

What are operating expenses ?

An expense a business faces as a result of ongoing operations is referred to as an operating expense. Operating expenses, which are frequently referred to as OPEX, include rent, tools, inventory costs, marketing, payroll, insurance, step charges, and money set aside for R&D.

Operating expenses, which are frequently referred to as OPEX, include rent, tools, inventory costs, marketing, payroll, insurance, step charges, and money set aside for R&D.

Loan payments, taxes, and inventory expenses should therefore be included by Wesley's assistant.

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business entities that operare in a dual market structure​

Answers

Business entities that operate in a dual market structure​ is termed as Duopoly.

What is Duopoly?

A duopoly is a market situation that entails two competing companies that share the market. A pure duopoly is a market where there are just two firms.

A duopoly exists when two companies dominate a market for a given product or service. A duopoly can have the same impact on the market as a monopoly if the two players collude on prices or output.

Hence,  dual market structure operated by Business entities is termed as Duopoly

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