The situation raises significant ethical concerns around treatment of workers, particularly children, as well as the responsibility of businesses to prioritize safety and fair labor practices.
What is labor?Labor refers to the physical or mental effort that people put into work or production activities to achieve a particular outcome. It can involve the use of skills, knowledge, and abilities to create goods or services. Labor is an essential component of economic activity and plays a crucial role in the production process. The quality and quantity of labor are key determinants of the level of output and productivity in an economy. Labor can be classified into various categories, including skilled, unskilled, manual, intellectual, and creative, depending on the type of work involved. Factors such as education, training, experience, and technological advancements can significantly impact the nature of labor and the productivity levels of workers. As such, labor is a critical factor in the functioning of markets, businesses, and the economy as a whole.
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Holidays Galore is a seasonal business, so in the off season when it is buying inventory, it is often short of cash. The business usually borrows money from the bank to tide it over until the busy season begins. The bank is Holidays Galore's
Holidays Galore is a seasonal business, so in the off season when it is buying inventory, it is often short of cash. The business usually borrows money from the bank. The bank is Holidays Galore's lender.
Who is a lender?A lender is a person, organization, or financial institution that lends money to another person or organization with the expectation that the borrowed money will be paid back with interest over a set period of time.
Lenders can include banks, credit unions, private investors, peer-to-peer lending platforms, and other financial institutions. The terms and conditions of the loan, including interest rates, repayment period, and collateral requirements, are typically agreed upon by both the lender and the borrower before the loan is disbursed.
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1.) Explain the difference between fastest growing occupations and occupations with the most openings?
2.) How doe knowing this difference help you choose an occupational goal?
Answer:
1)The difference between fastest growing occupations and occupations with the most openings is as follows:
Fastest growing occupations are the jobs that are projected to have the highest rate of job growth in a particular time period, typically over a decade. These jobs may not necessarily have a high number of current job openings, but they are expected to experience significant growth in demand for workers due to various factors such as technological advancements, demographic changes, and economic shifts.
Occupations with the most openings, on the other hand, are the jobs that currently have the highest number of available job openings. These jobs may not necessarily have a high rate of job growth, but they have a high number of current job openings due to various factors such as retirement of workers, turnover, and expansion of businesses.
2)Understanding the difference between fastest growing occupations and occupations with the most openings can help you choose an occupational goal in the following ways:
If you are interested in a career that is projected to have high demand in the future, you may want to consider pursuing a profession in one of the fastest growing occupations. This can increase your chances of finding employment in the future and potentially provide you with a stable career path.
If you are looking for immediate job opportunities, you may want to consider exploring the occupations with the most openings. This can increase your chances of finding employment quickly and potentially provide you with valuable work experience.
It's important to note that the fastest growing occupations and occupations with the most openings may not necessarily align with your personal interests, skills, or values. Therefore, it's essential to research and consider various factors such as job satisfaction, salary, work-life balance, and long-term career prospects when choosing an occupational goal.
1 pts
Mary agreed in writing to work for Starbucks for three years as the manager of their Auburn store. The written contract states
that she will devote herself entirely to the business, giving it her full time, attention and skill, for which she will receive $60,000
per year in monthly installments of $5,000 per month. Mary worked for the first 12 months, when, through no fault of her own,
she was arrested and imprisoned for one month. Starbucks employed another manager and treated the contract with Mary as
breached and abandoned, refusing to allow her to return to work on her release from jail. What rights does Mary have under the
contract?
O None.
O She has a right to receive the remaining amount owed for the 24 months remaining on the contract.
O She has the right to receive $5,000 per month from Starbucks until she can secure a new job.
O She has the right to return to work after her release, and Starbucks is contractually obligated to let her return.
She has the right to receive the remaining amount owed for the 24 months remaining on the contract.
What is contract?A contract is a legally enforceable agreement between two or more parties that creates an obligation to do, or refrain from doing, a particular thing. It is a binding agreement that can be enforced by a court of law if one or more of the parties fails to meet their obligations. Contracts can range from simple verbal agreements to complex, multi-page documents. Generally, for a contract to be valid and enforceable, there must be an offer, acceptance of the offer, consideration, and an intention to create a legal relationship. All parties must have the capacity to enter into a contract, meaning they must be of legal age and of sound mind.
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Which of the following states the
economic reasoning behind the
crowding out effect?
A. Government spending is a waste of public resources.
B. Governments are too wasteful to make good
economic choices.
C. An increase in government spending directs
resources away from their most valued economic end.
Answer:
Explanation:
C. An increase in government spending directs resources away from their most valued economic end. This refers to the economic concept of crowding out, which occurs when an increase in government spending leads to higher interest rates and a decrease in private investment, ultimately reducing economic output. This happens because the government is directing resources towards certain projects, which may compete with private investment opportunities and drive up interest rates. Hence, the crowding out effect suggests that increased government spending may have negative consequences on the overall economy.
If exports rises by $300 million in an economy where the marginal propensity to spend is 0.6 then GDP will rise by Select one: O a. $500 million. O b. $750 million. O c. $1,250 million. d. $833 million.
Answer:
Explanation:
WTmonkie IS THIS
Company: Verizon Wireless
Questions:
1. Provide a brief history of the company.
2. What is the company’s mission statement? What are the company’s goals?
3. What is the company’s general environment? What is the company’s task environment? What is the company’s internal environment?
4. How does the company handle corporate social responsibility?
5. Complete a SWOT Analysis for the company.
6. What is the company’s generic strategy (Cost Leadership, Differentiation, Focus)? Does the product life cycle strategy pertain to them? If so, give an example.
7. What is the company’s perspective on diversification (Single-Product, Related, or Unrelated) of their business? If applicable, complete a BCG Matrix for the company.
8. What are some examples of programmed decisions the company makes? What are some examples of non-programmed decisions the company makes?
9. What is the organization’s structure (basic form of an organization)? Do they utilize job specialization, enlargement, or enrichment? If so, how?
10. How do they handle HR issues, such as employee compensation, hiring, etc.?
PLEASE ANSWER FULLY AND PROVIDE THE SOURCES OF WHERE YOU GOT THE INFO FROM IN MLA OR APA FORMAT
When Bell Atlantic and GTE merged to form Verizon Communications in 2000, it was born.
Provide a brief history of the company.1. Millions of customers in the US receive wireless services from Verizon Wireless, an American telecommunications company. When Bell Atlantic and GTE merged to form Verizon Communications in 2000, it was born. The biggest wireless telecommunications company in the US right now is Verizon Wireless. 2. "Enable people and businesses to communicate with each other" is the company's stated mission. Its objectives are to offer customers dependable, high-quality wireless service, to broaden network coverage, and to provide cutting-edge goods and services that cater to customers' shifting needs. 3.Economic trends, governmental restrictions, and technological advancements are a few examples of the factors that make up Verizon Wireless' overall environment. Customers, suppliers, and competitors all make up the task environment. The organisational culture, structure, and resources are all part of the internal environment.
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Gerald purchased a washing machine for $650 three months ago and is very unhappy with his purchase. Since then, he had to call for repair service twice. On each of these instances the repair company charged $50 for the service call just to go to his house. They also charged $20 an hour for labor. The first time they came they spent 2.5 hours, and the second time they came they spent 1.5 hours. Gerald wants to send a complaint letter to the manufacturer. He is seeking to return the defective machine and get a refund for his total expenses related to the washing machine. What amount should be put in his letter?
Answer:
Explanation:
Le montant total que Gerald a payé pour la machine à laver est de 650 $. Le coût total des services de réparation pour les deux instances est : 50 $ (frais d'appel de service) + 20 $/heure (frais de main-d'œuvre) × 2,5 heures = 100 $ (première fois) 50 $ (frais d'appel de service) + 20 $/heure (frais de main-d'œuvre) × 1,5 heure = 80 $ (deuxième fois) Ainsi, le coût total des services de réparation est de 100 $ + 80 $ = 180 $. Par conséquent, le montant total que Gerald devrait mettre dans sa lettre demandant un remboursement est de 650 $ + 180 $ = 830 $.
How spaceX occupies Mars? what are their plans and strategies?
please make me brainalist and keep smiling dude I hope you will
please make me brainalist and keep smiling dude I hope you willTogether the Starship spacecraft and Super Heavy rocket create a reusable transportation system capable of on orbit refueling and leveraging Mars' natural H2O and CO2 resources to refuel on the surface of Mars. Starship launches with Starship Super Heavy booster. Booster separates, returning to Earth.
what are the values/traits do they use as their motivation to make your sari sari store success
One should have enough supplies of all the necessities that are now in high demand, including rubbing alcohol, face masks, hand sanitizer, and canned goods in your Sari-Sari store to make it successful.
What characteristics set a sari-sari store apart?The bulk of sari-sari stores are independently owned, family-run operations that are housed in the premises of the shopkeeper. A large window that is covered in a screen or has metal bars in front of the store is used to exhibit goods.
What is the sari-sari store industry's core strength?Sari-sari stores have a number of advantages, including their convenient location, selection of goods, and adaptable payment methods. Little scale, uneven quality, and fierce competition are some drawbacks, though.
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Multiple Choice
Which of the following describes one of the purposes of the S.A.F.E. Mortgage Licensing Act?
A. O To create a national database of mortgage professionals
B. O To ensure that licensing schemes among the states are all the same
C. To create one regulatory body to make licensing decisions among all states
D. O To create a licensing scheme for mortgage professionals for the first time ever
Submit
Answer: a. To create a national database of mortgage professionals
Explanation:
Help! I need to match the type of information with the section of the business plan it fits in.
Suppliers who provide the goods and services your business needs to operate
Why is it so important to do competitive analyses?The objective of a competition analysis is to uncover any market gaps and to comprehend your competitors' advantages and disadvantages in comparison to your own. An essential part of any business strategy is the competitor analysis because it will help you refine your own.
A financial analysis is exactly what?Financial analysis is the word used to describe an assessment of the viability, stability, and profitability of a project, a sub-project, or a firm. It is completed by professionals that compile reports utilizing ratios and other approaches, utilizing information from financial statements and other reports.
How will your business stand out from the competition in terms of both products and services?- Goals and StrategyMission Statement- Oragnizationsuppliers that your business uses to create its goods- Product and servicesThe sum of money required to launch the business- Funding request An overview of your rival- Competitive AnalysisYour advertising plan- Marketing and SalesThe company's financial history- Financial AnalysisThe outline of the requirements and preferences of your potential clients- Market Analysisa list of the company's departments- Executive SummaryLearn more about Financial analysis: https://brainly.com/question/14234253
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Who is Rohit Senchuri ?
Answer:
He is a cool boy.
Explanation:
Since he left engineering at final year, he by default became a cool boy.
how effective is it to request that mark who has been on the team for 2 months helps you
The effectiveness of this approach depends on several factors, including the nature of the task, Mark's skills and expertise, his workload and availability, and the context of your relationship with him.
Firstly, it's important to assess whether Mark has the necessary skills and expertise to assist you with the task. If he has been on the team for two months, he may not be fully familiar with all the aspects of the job, but he may have some unique skills or knowledge that can be helpful. In this case, you should clearly communicate the specific task and what you need from Mark, so that he can provide the appropriate assistance.
Secondly, it's important to consider Mark's workload and availability. If he is already overloaded with tasks, he may not be able to provide the necessary support, or he may not be able to meet your timeline. Therefore, it's important to communicate with him in advance and understand his workload and availability before requesting his assistance. Finally, the context of your relationship with Mark is also important. If you have a good working relationship and have previously worked well together, he may be more willing to help you. On the other hand, if you have not worked together before or have had a negative interaction, he may be less willing to provide support. In summary, requesting Mark's assistance can be an effective strategy, provided that you consider the nature of the task, Mark's skills and availability, and the context of your relationship with him. Clear communication and collaboration are key to making this approach successful.
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Credit is Costly Chapter 4 Lesson 4
The 4th chapter - Credit is Costly of Dave Ramseys' Workbook provides important terms relating to credit.
The key terms relating to Credit are given as follows:
• Annual Fee: A fee charged by a credit card company for the use of their credit card.
• Credit Limit: The maximum amount of money the lender is willing to loan to an applicant.
• Finance Charge: The total cost of using credit, including interest and fees.
• Origination Fee: A charge for setting up a loan, often associated with home loans.
• Loan Term: The length of time a borrower has to repay a loan. Remember, the longer the loan term, the lower the monthly payment, but the greater the interest paid over time.
• Grace Period: The length of time that the lender charges no interest on money borrowed when the borrower pays off their balance in full each month.
• Annual Percentage Rate (APR): The cost of the loan each year expressed as a percentage. All lenders are required by law to calculate APR the same way.
• Introductory Rate: A lower interest rate offered by credit card companies, usually for a short period of time, to entice customers to sign up for credit with them. Eventually, the introductory rate expires and a new, increased rate takes effect.
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Full Question:
Although part of your question is missing, you might be referring to this full question:
What are the key terms discussed in Credit is Costly Chapter 4 Lesson 4 of Dave Ramseys' Workbook?
You work at a small graphic design company as a project assistant. The company uses old computers
running Windows XP. Your manager wants to purchase new computers for the company, and is willing to
buy personal computers running the latest versions of Windows, Mac OS X, or Linux. She asks you and
two team members to help her make the decision. Work as a team of three to complete the following
steps.
l1. Develop a checklist of features to evaluate for each operating system, such as price, ease of use, application software availability, security, and built-in tools.
l2. Assign an operating system to each team member.
l3. Use the Internet and other resources to research your operating system, focusing on the features you identified in your checklist.
l4. Collaborate as a team to create a table or report summarizing your findings for the three operating systems.
The steps to check the features of each operating system is given below:
The StepsStep 1: Develop a checklist of features to evaluate for each operating system
We have identified the following features to evaluate for each operating system:
Price: What is the cost of purchasing and licensing the operating system?
Ease of Use: How easy is it to navigate and use the operating system?
Application Software Availability: What software applications are available for the operating system?
Security: How secure is the operating system against viruses and malware?
Built-in Tools: What built-in tools and utilities does the operating system come with?
Step 2: Assign an operating system to each team member
We have assigned the following operating systems to each team member:
Windows: Assigned to Team Member 1
Mac OS X: Assigned to Team Member 2
Linux: Assigned to Team Member 3
Step 3: Use the Internet and other resources to research your operating system
Team Member 1: Windows
Price:
The cost of Windows 10 Home is currently $139.99 on the Microsoft Store.
Ease of Use:
Windows 10 has a user-friendly interface and is easy to navigate.
The start menu has been improved in Windows 10, making it more accessible for users.
Application Software Availability:
Windows has the largest selection of software applications available, including popular programs such as Microsoft Office and Adobe Creative Suite.
Security:
Windows 10 comes with Windows Defender, a built-in antivirus program that offers decent protection.
Windows also offers frequent security updates to ensure the operating system is secure.
Built-in Tools:
Windows 10 comes with many built-in tools, such as the Task Manager, File Explorer, and Snipping Tool.
Team Member 2: Mac OS X
Price:
The cost of macOS Big Sur is currently free.
Ease of Use:
Mac OS X has a simple and intuitive interface.
The Dock and Mission Control make it easy to navigate the operating system.
Application Software Availability:
While Mac OS X has fewer software applications available compared to Windows, it still offers a wide selection of popular programs such as Final Cut Pro and Logic Pro.
Security:
Mac OS X has a reputation for being more secure than Windows due to its UNIX-based architecture.
macOS Big Sur comes with Gatekeeper, a built-in security feature that helps protect against malware.
Built-in Tools:
Mac OS X comes with many built-in tools, such as Spotlight, QuickTime Player, and Time Machine.
Team Member 3: Linux
Price:
The cost of Linux distributions varies, with many being free.
Ease of Use:
Linux has a steeper learning curve than Windows or Mac OS X due to its command-line interface.
However, many modern Linux distributions have a graphical user interface that is similar to Windows and Mac OS X.
Application Software Availability:
While Linux has fewer software applications available compared to Windows, it still offers many popular programs such as LibreOffice and GIMP.
Security:
Linux is known for its security and is less vulnerable to viruses and malware compared to Windows and Mac OS X.
Linux distributions receive frequent security updates to ensure the operating system is secure.
Built-in Tools:
Linux distributions come with many built-in tools, such as the Terminal, File Manager, and Package Manager.
Step 4: Collaborate as a team to create a table or report summarizing your findings for the three operating systems.
Feature Windows Mac OS X Linux
Price $139.99 Free Varies
Ease of Use User-friendly Simple and intuitive Steep learning curve
Application Software Availability Widest selection, including Microsoft Office and Adobe Creative Suite
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Which of the following statements are true about the 3x3 metrics? Select all that apply
Based on the information given, the following statements are true about the 3x3 metrics:
It does not include the Service-level Agreements (SLAs) of the process.It includes metrics that are static over a period of time.What is 3x3metrics?3x3 metrics is a process improvement methodology that involves identifying and tracking three critical success measures (CSMs) across three levels of a process. The goal of this methodology is to simplify the measurement and analysis of process performance, while also providing a clear focus on the most important measures of success.
The three levels of the process are typically defined as input, throughput, and output, and the three CSMs are chosen based on their importance to the overall success of the process. By tracking these metrics over time, teams can identify areas for improvement and implement changes to drive better performance.
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complete question
Which of the following statements are true about the 3x3 metrics? Select all that apply. Question 2 options: It includes the three most vital metrics (speed, cost and quality) for our customer outputs. It does not include the Service-level Agreements (SLAs) of the process. It includes metrics that are static over a period of time. It helps the client understand the scope of improvement in a process. It helps the Delivery team focus on the critical success measures
You make entries to the mileage expense account. A saleswoman drives to a town 150 miles north and 110 miles east. She goes there on a straight highway that leads directly there, heading diagonally northeast. You reimburse mileage at $0.50 per mile. How much should you reimburse her?
It is to be note that the saleswoman should be reimbursed for a total of $92.68.
What is the calculation explaining the above answer?
The total distance traveled by the saleswoman is the hypotenuse of a right triangle, where the legs represent the distance traveled north and east. We can use the Pythagorean theorem to calculate the hypotenuse as follows:
Distance traveled north = 150 miles
Distance traveled east = 110 miles
Total distance = √(150² + 110²)
≈ 185.35 miles
Therefore, the saleswoman should be reimbursed for a total of $92.68 (185.35 miles x $0.50 per mile).
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and now
- The cost to repair your windshield after a hailstorm is $200. According to the insurance
coverage you chose, how much would you have to pay for the repair?
In insurance, to determine how much to pay for the repair of your windshield after a hailstorm, we need to refer to your insurance policy to see what deductible is selected.
How can we determine the cost bear by insured on a car loss?A deductible is the amount of money you agree to pay out of pocket before your insurance coverage begins. For example, let's say your insurance policy has a deductible of $500. In this case, you would have to pay the full cost of the repair, which is $200, out of pocket since it is less than your deductible.
However, if the repair cost is more than $500, then you would pay the $500 deductible and the insurance company would cover the remaining cost of the repair. Alternatively, if your policy has a lower deductible, say $100, then you would pay $100 out of pocket, and your insurance company would cover the remaining $100 of the repair cost.
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How did US 46th president won the election?
The 46th President of the United States is Joe Biden, and he won the 2020 presidential election by securing a majority of the electoral votes.
How did Joe Biden win the Election?In the United States, presidential elections are not won by popular vote but by an electoral college system. Each state is awarded a certain number of electors based on its population size, and the candidate who wins the popular vote in a state usually receives all of that state's electoral votes.
Joe Biden won the 2020 election by securing 306 electoral votes, while his opponent, the incumbent President Donald Trump, received 232 electoral votes. Biden's victory was largely due to winning key battleground states such as Pennsylvania, Michigan, and Wisconsin, where he flipped states that had previously voted for Trump in the 2016 election.
Biden also won the popular vote, receiving over 81 million votes, the most ever for any U.S. presidential candidate. The election saw record turnout, with over 159 million Americans casting their ballots.
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North American Dental Group recently hired Keith Carrington as its chief compliance and privacy officer. One thing that Carrington may be responsible for is creating a _____, which would outline policies for acceptable and ethical behavior.
A Code of Conduct, which establishes guidelines for proper and moral conduct, establishes the tone for the workplace culture, and instructs employees on how to conduct themselves with integrity, may be developed by Carrington.
Who is in charge of developing a code of conduct?The employer draughts a code of conduct to inform employees of what is expected of them in terms of conduct at work.
Which committee on the company board is in charge of the code of ethics?The Board's Nomination and Compensation Committee would be designated as the Ethics Committee and be in charge of creating the conditions that will encourage Directors to embrace the Code of Conduct and ensuring that it is effectively followed.
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Explain to Alana why she might not want to accuse her boss just yet but instead explain why she is bringing home less pay than she thinks she should be.
Answer:
Alana, before jumping to the conclusion that your boss is intentionally underpaying you, it's important to investigate the situation and try to understand what might be causing the discrepancy in your pay. There could be several reasons why you are bringing home less pay than you think you should be.
For example, there may have been a mistake in calculating your pay, or there could be deductions such as taxes, social security, or health insurance that are reducing your take-home pay. Additionally, your boss may have made changes to your employment agreement, such as reducing your hours or changing your job responsibilities, which could have affected your pay.
Before accusing your boss of underpaying you, it's important to gather information and evidence to support your claim. You may want to review your pay stubs, employment agreement, and other documentation to ensure that there are no errors or discrepancies. If you do find an issue with your pay, it's best to approach your boss in a calm and professional manner and explain your concerns. By doing so, you can work together to resolve the issue and ensure that you are receiving the correct amount of pay.
In summary, it's important to approach the situation with an open mind and gather information before accusing your boss of wrongdoing. By explaining your concerns and working together, you can find a solution to the problem and ensure that you are receiving fair pay.
ASAP NEED HELP PLEASE I BEG
Jackie Paige Visits Khali, Asia
The Dennis Packbell International Corporation had recently decided to introduce its very successful US-based product into the Khali market in Asia. In that effort, its VP of Global Business Development, Jackie Paige visited Khali along with Packbell’s management consulting firm retained for this project, McBain & Company.
While touring potential manufacturing sites in the vicinity of Danglore, Khali, Mrs. Paige was faced with a stark reality of sites where mostly female employees in the 12-14 years of age category were performing manual labor, in an almost sweatshop setting. Jackie was also shocked that there were dozens of electrical power lines which were intertwined and exposed to the eye, something that was highly unusual in her professional life.
Jackie was further perplexed, when the person accompanying her from McBain said: “No worries, it is very common here in Khali to do business in this fashion”.
Do you see ethical issues here? Please analyze and elaborate. Mention each and every ethical issue you see here.
All else equal, should Jackie suggest manufacturing Dennis Packard’s goods in Khali? Please elaborate and suggest any qualifications to your answers you may have.
The prompt doesn't explicitly mention any ethical issues, but there are certainly ethical considerations to take into account when deciding whether to manufacture Dennis Packard's goods in Khali.
What is an account?An account is a financial record that tracks the transactions of an individual, business, or organization. It is used to keep track of the flow of money in and out of an entity, and to monitor its financial health. Accounts typically include a balance that represents the current amount of money in the account, as well as a record of all the transactions that have taken place in the account. Accounts can take many forms, such as bank accounts, credit card accounts, investment accounts, and more. They can be managed manually or through automated systems, and may be subject to regulations and oversight by various governmental and financial institutions. Overall, accounts serve as a critical tool for individuals and organizations to manage their finances, make informed decisions, and ensure that they are operating within their means.
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Omar wants to know how his organization has been doing financially over the last year he wants to also compare this information to the previous years data what type of spreadsheet document should he use
Answer: Profit-and-loss statement
Explanation: yes
Solutions Company - Unadjusted Trial Balance as of December 31.
Account Titles
Unadjusted Trial Balance Dr. Unadjusted Trial Balance Cr.
100: Cash 20,000
110: Accounts Receivable 0
120: Supplies 7,600
160: Machinery 50,000
161: Accumulated Depreciation 20,000
200: Accounts Payable 0
205: Interest Payable 0
210: Wages Payable 0
230: Unearned Rental Fees 7,200
240: Note Payable 30,000
300: Common Stock 10,000
310: Dividends 9,500
320: Retained Earnings 14,200
400: Rental Fees 32,450
600: Wage Expense 24,500
610: Interest Expense 2,250
620: Supplies Expense 0
630: Depreciation Expense 0
113,850 113,850
Totals
Requirement:
Prepare year-end adjusting journal entries for each of these separate situations.
As of December 31, employees had earned $400 of unpaid and unrecorded wages. The next payday is January 4 at which time $1,200 in wages will be paid.
The cost of supplies still available at December 31 is $3,450.
The notes payable requires an interest payment to be made every three months. The next payment occurs after the new year begins. The amount of unrecorded accrued interest at December 31 is $800.
Analysis of the unearned rental fees shows that $3,200 remains unearned at December 31.
In addition to the machinery rental fees included in the revenue account balance, the company has earned another $2,450 in unrecorded fee that will be collected on January 31 of next year.
Depreciation expense for the year is $3,800.
The Preparing Adjusted Trial Balance with the help of Worksheet: is given below:
The Adjusted Trial BalanceSolutions Company
Worksheet
December 31
Accounts Unadjusted Trial Balance Adjusting Entries Adjusted Trial Balance
Debit Credit Debit Credit Debit Credit
Cash $20,000 $20,000
Accounts Receivable 0 $2,450 2,450
Supplies 7,600 $4,150 3,450
Machinery 50,000 50,000
Accumulated Depreciation $20,000 3,800 $23,800
Accounts Payable 0 0
Interest Payable 0 800 800
Salaries Payable 0 400 400
Unearned Rental Fees 7,200 4,000 3,200
Note Payable 30,000 30,000
Common Stock 10,000 10,000
Dividends 9,500 9,500
Retained Earnings 14,200 14,200
Rental Fees 32,450 6,450 38,900
Salaries Expense 24,500 400 24,900
Interest Expense 2,250 800 3,050
Supplies Expense 0 4,150 4,150
Depreciation Expense 0 3,800 3,800
Totals $113,850 $113,850 $15,600 $15,600 $121,300 $121,300
Preparing Income Statement:-
Solutions Company
Income Statement
For the Year Ended December 31
Accounts Amount Amount
Revenue:-
Rental Fees $38,900
Total Revenue $38,900
Expenses:-
Salaries Expense $24,900
Interest Expense 3,050
Supplies Expense 4,150
Depreciation Expense 3,800
Total Expenses ($35,900)
Net Income $3,000
Preparing Statement of Retained Earnings:-
Solutions Company
Statement of Retained Earnings
For the Year Ended December 31
Accounts Amount
Retained Earnings 14,200
Net Income 3,000
$17,200
Dividends (9,500)
Retained Earnings, Ending $7,700
Preparing Balance Sheet:-
Solutions Company
Balance Sheet
December 31
Accounts Amount Amount
Assets:-
Cash $20,000
Accounts Receivable 2,450
Supplies 3,450
Machinery 50,000
Accumulated Depreciation (23,800)
Total Assets $52,100
Liabilities:-
Accounts Payable $0
Interest Payable 800
Salaries Payable 400
Unearned Rental Fees 3,200
Note Payable 30,000
Total Liabilities $34,400
Stockholders Equity:-
Common Stock $10,000
Retained Earnings, Ending 7,700
Total Stockholders Equity $17,700
Total Liabilities and Stockholders Equity $52,100
Preparing Closing Entries:-
Solutions Company
General Journal
December 31
Date Accounts Title and Explanation Debit Credit
December 31 Rental Fees $38,900
Income Summary $38,900
(To close Revenue Account)
December 31 Income Summary $35,900
Salaries Expense $24,900
Interest Expense $3,050
Supplies Expense $4,150
Depreciation Expense $3,800
(To close Expenses Accounts)
December 31 Income Summary $3,000
Retained Earnings $3,000
(To close Income Summary)
December 31 Retained Earnings $9,500
Dividends $9,500
(To close Dividends Account)
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Buford sells an apartment building for $720,000. His adjusted basis is $500,000 for regular income tax purposes and $550,000 for AMT purposes.
a. Buford's recognized gain for regular income tax purposes is
b. Buford's recognized gain for AMT purposes is
c. Buford's AMT adjustment is and its value is
For normal income tax purposes, Buford has a gain that is valued at $220,000 ($720,000 - $500,000). ($720,000 - $550,000) Buford's recognised gain for AMT purposes is $170,000.
What serves as the stock's foundation when it is traded for property?The adjusted basis of the property you transferred to the corporation, increased by: Any gain realised by you, is the basis of the shares you get in exchange for that property.
What is the foundation of the goods acquired through a nontaxable exchange?Nontaxable Exchanges - A nontaxable exchange is one in which neither a gain nor a loss may be written off. In a nontaxable exchange, the basis of any property you get is often the same as the basis of the item you swapped.
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When others have helped you write a report, you usually thank them in an acknowledgments section somewhere in the report
Answer: Acknowledgments are a section in a report where you thank and credit the individuals or organizations who have helped you in your work.
Explanation: In academic or professional writing, it is common practice to include an acknowledgments section in a report where you can thank and credit individuals or organizations who have helped you in your work. This section is typically placed at the beginning or end of the report, and is a way to recognize the contributions of those who have assisted you.
Acknowledgments could include thank you notes to individuals who provided their expertise, resources or time towards a research project, or those who supported you in other ways, such as colleagues, friends or family. The acknowledgments section is also a place to acknowledge funding sources that supported your research or project, or organizations that provided in-kind support.
It is important to acknowledge the contributions of others in your work as a sign of appreciation for their help, but also as a way of establishing transparency in your research or project. It helps to legitimize your work and makes it clear that you did not take credit for someone else's ideas or contributions. Additionally, acknowledging others’ contributions might create opportunities for future collaborations and working relationships.
Overall, the acknowledgments section is a crucial part of a report, as it helps to recognize the efforts of all those who have contributed to the work, and establishes the writer as a trustworthy and collaborative professional.
The following amounts were taken from the financial statements of Thompson Corporation: 2018 2017 Total assets $800,000 $1,000,000 Net sales 760,000 720,000 Gross profit 352,000 320,000 Net Income 144,000 117,000 Weighted average number of 380,000 380,000 common shares Market price of common shares 44 48 The return on assets ratio for 2018 is
The return on the asset's ratio for Thompson Corporation in 2018 is 16%.
What are assets?Assets are resources owned or controlled by an individual, business, or the organization that are expected to provide future economic benefits. These resources can take various forms such as cash, property, investments, inventory, equipment, patents, and intellectual property. Assets can be classified into two main categories: current assets and non-current assets. Current assets are those that can be converted into cash within one year, while non-current assets are those with a useful life of more than one year. Assets are recorded on a company's balance sheet and are a key indicator of its financial health. They are also used to calculate important financial ratios such as return on assets, which measures how efficiently a company is using its assets to generate profits.
Average Total Assets = (Total assets 2018 + Total assets 2017) / 2
Average Total Assets = ($800,000 + $1,000,000) / 2
Average Total Assets = $900,000
ROA = $144,000 / $900,000
ROA = 0.16 or 16%
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If the total cost function is given by TC=1500+20Q-3Q^2+Q^3, where Q stands for the
level of output produced so find The level of output that minimize marginal cost?
Q = 1 is the output level with the lowest marginal cost.
What is Marginal Cost?The cost of producing an additional unit of output or increasing production by one unit is referred to as marginal cost. It is calculated by dividing the change in output quantity by the change in total costs. To put it another way, it is the price of making one more unit of a good or service. In economics, margin cost is important because it helps businesses decide on production levels and pricing strategies. Firms are able to determine the most profitable production level by comparing the marginal cost to the marginal revenue.
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How to tell someone that you see them as a father figure
Answer:You can just be like"Hey can I talk to you for a minute" and then you guys sit down and just be like "Umm I wan to tell you this for a lo ng time now but I see you have a father figure"
Explanation:
Given the interest rate of 10%, if the initial investment is 200,000 and the amount of annual investment is 30,000 to be made forever, what is the capitalized cost?
Answer Choices:
a. 230,000
b. 170,000
c. 300,000
d. 500,000
Answer:
200000×10×30000÷100
Explanation:
answer 600000000