The journal entry to record Jevonte Company's issuance of 36,000 shares of its common stock would include debit details of cash and credit details of common stock and additional paid-in capital.
a. Debit Cash: $648,000 (36,000 shares x $18 per share)
Credit Common Stock: $72,000 (36,000 shares x $2 par value)
Credit Additional Paid-in Capital: $576,000 (the difference between cash received and par value)
b. Debit Cash: $648,000 (36,000 shares x $18 per share)
Credit Common Stock: $72,000 (36,000 shares x $2 stated value)
Credit Additional Paid-in Capital: $576,000 (the difference between cash received and stated value)
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The united states economy is considered by the institute for management development to be the most competitive economy because:______.
The united states economy is considered by the institute for management development to be the most competitive economy because of widespread entrepreneurship.
According to the Institute for Management Development, it is a school for the education of business professionals and can be found in Lausanne, Switzerland. Within the context of its annual rankings on the performance of 63 economies located all around the world. The United States of America was ranked as the most competitive economy in 2018, according to a number of different metrics. The education institution identified "widespread entrepreneurship" as the primary reason for it, which was based on a variety of data collected and surveys that were conducted. What determines the competitiveness of an economy is the rate of annual innovation as well as the number of enterprises that are started.
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If long run aggregate supply (LRAS) is vertical, then which of the following statements must be true
If long run aggregate supply (LRAS) is vertical, the statements that must be true is: Aggregate demand does not affect the quantity of output.
What is aggregate supply?Aggregate supply can be defined as the amount of goods or product a firm is expected to produce and sell or made available to buyers at a particular period of time.
Hence, assuming aggregate supply is vertical, aggregate demand which is the amount of goods buyers are willing to buy will not not affect the quantity of output or goods produced.
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The contribution margin as a percentage of sales is referred to as the contribution margin or CM . (Enter only one word per blank)
As a proportion of sales, contribution margin (CM) is referred to as the CM. the claim is correct. This is detailed in further detail below.
What is the profit margin?In general, the contribution margin shows the entire money available after variable expenses to pay for fixed expenditures and provide a profit for the company.
As a result, "contribution margin," or "CM," refers to the contribution margin stated as a percentage of total sales. is based on facts
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the table below represents the hourly output and cost ctructure for a local pizza shop. the marker is perfectly competitice, and the market price in the area is $12
Based on marginal analysis, what is the profit-maximizing rate of output for the pizza shop? 9 pizzas.
How to determine the solution to the question.In order to get the number of pizza that has to be produced, we have to check the table.
This firm has to continue in its production until it is able to increase its output by one extra unit.
This would be the point where the cost of production is the same as the revenue that would be gotten from the extra unit.
The point of interest that we have to focus on is the point where marginal revenue is equal to marginal cost.
MR = MC
Complete questionThe table below represents the hourly output and cost structure for a local pizza shop. The market is perfectly competitive, and the market price of a pizza in the area is
$12.
Total costs include all implicit opportunity costs. Calculate the pizza shop's marginal cost and marginal revenue at each rate of output and fill in the values in the table.
(Marginal revenue is the change in revenue divided by the change in output. For a perfectly competitive firm the marginal revenue is equal to the price. Marginal cost is the change in cost divided by the change in output.)
Based on marginal analysis, what is the profit-maximizing rate of output for the pizza shop? _______ pizzas.
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On April 15, Compton Co. paid $2,800 to upgrade a delivery truck and $125 for an oil change. What account(s) would be debited for the upgrade to delivery truck and oil change
The journal entries for the upgrade to Compton Co.'s delivery truck and oil change expenditures are as follows:
Journal Entry on April 15:
Delivery Truck dr......... $2,800
Delivery Truck Maintenance Expense dr......... $125
To Cash $2,925
(To record the upgrade to the delivery truck and maintenance expense.)
Journal entries are used by the companies, firms, NPO, etc. to keep a record of the transactions done by it.
Journal entries are maintained with appropriate proofs of receipt, bill, etc.
This is so that the transaction can be backed by proof of such a transaction happening.
Journal entries are recorded in the journal book maintained by them.
Hence, The journal entries for the upgrade to Compton Co.'s delivery truck and oil change expenditures are as follows:
Journal Entry on April 15:
Delivery Truck dr......... $2,800
Delivery Truck Maintenance Expense dr......... $125
To Cash $2,925
(To record the upgrade to the delivery truck and maintenance expense.)
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What is the implication of the accounting identity for the numbers on a balance sheet?
It shows how liabilities and equity are paid to say liabilities are paid first if the company is liquidated. And thus, they are shown first on the balance sheet and in the basic accounting equation.
A balance sheet is a financial statement that shows the assets, liabilities and equity of a company. A balance sheet is one of the three main financial statements used to value a company. Provides a snapshot of the company's financial position (what you own and what you owe) as of the date of publication.
The most basic identity in accounting is that the balance sheet should be balanced. That is, assets must equal the sum of liabilities (debt) and equity (value of the company to its owners). In its most common formulation, it is known as the Assets = Liabilities + Equity accounting equation.
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Manufacturers, wholesalers, retailers, service companies, not-for-profit organizations, and government agencies that buy products and services for their own use or for resale are known as ______. Multiple choice question. secondary users intermediate buyers alternate consumers organizational buyers
Manufacturers, wholesalers, retailers, service companies, not-for-profit organizations, and government agencies that buy products and services for their own use or for resale are known as organizational buyers.
Who are organizational buyers?Individuals who represent a company are known as organizational buyers. When making purchases, these buyers often take into account both their own preferences and the suspected preferences of the clients to whom the organizational buyer's business will sell.Organizational elements such as the purchasing objective, policy, procedure, and organization all have a significant impact on organizational purchasing. Authority, interest, and prestige are examples of interpersonal factors. Age, education, employment position, risk-taking, and personality are all individual factors.Therefore, manufacturers, wholesalers, retailers, service companies, not-for-profit organizations, and government agencies that buy products and services for their own use or for resale are known as organizational buyers.
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At the beginning of the year, quaker company's liabilities equal $42,000. during the year, assets increase by $60,000, and at year-end assets equal $190,000. liabilities decrease $12,000 during the year. what are the beginning and ending amounts of equity?
Beginning equity is $88,000 and ending equity is $160,000.
What is beginning and ending equity?
Equity is the difference between assets and liabilities.
Equity = assets - liabilities
Beginning equity = beginning assets - beginning liabilities
(190,000 - 60,000) - 42,000 = $88,000
Ending equity = ending assets - ending liabilities
190,000 - (42,000 - 12,000) = $160,000
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Question 511 pts Advertising, personal selling, publicity, and sales promotion are collectively known as the Group of answer choices product mix. distribution channels. promotion mix. marketing channels.
Advertising, personal selling, publicity, and sales promotion are collectively known as the (C) promotion mix.
What is the promotion mix?To achieve a given marketing goal, a promotional mix is a combination of marketing strategies such as advertising, sales, public relations, and direct marketing. Typically, the promotional mix is merely one component of a bigger marketing mix.A promotion mix is an important strategy for delivering a relevant promotion message to each segment via the most appropriate channel.Improves client communication. Companies create a promotion mix in an attempt to speak their customers' language. When properly prepared, it aids in the development of trust between the brand and its clients.Therefore, advertising, personal selling, publicity, and sales promotion are collectively known as the (C) promotion mix.
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Correct question:
Advertising, personal selling, publicity, and sales promotion are collectively known as the:
(A) product mix.
(B) distribution channels.
(C) promotion mix.
(D) marketing channels.
(E) product strategy.
While showing a property to an unrepresented buyer, you owe the customer the duties of dealing honestly and fairly, accounting for all funds, and ______.
This is also known as the three duties towards the customer DAD Dealing with Honesty. Accounting for all funds and Disclosing the material facts to the buyer.
Who is a buyer?A buyer is a customer who purchases the goods and or services of a company through which the company generates the revenue and earn profits. The buyer plays a key role in the development and running of a company.
The buyer should be allowed to have all the information about the product or service it is going to purchase, the buyer should be informed about the market rates and the demand of the goods as this is a material fact about the product.
Therefore it is a duty that a seller owes to the buyer to deal with honesty that is not charging high price if they are unaware of the price of the product.
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You are working alone and your shift is due to be over at 6 p.m. The individual who is scheduled to begin working at 6 p.m. does not show up. What do you do?
Answer:
You should call your manager or supervisor. It is not your responsibility to cover for someone else. You could also call in someone else in the position to see if they wanted to come in. explain the situation, you ask to be relieved or get paid double time for overtime, if that is not an option close up shop, and make sure everything is secure and locked up properly, then go home. You have done everything you are supposed to do, now the responsibility rests with your boss.
If the individual who is scheduled to begin working at 6 p.m. does not show up, you should contact your supervisor or manager after calling the coworker.
What to do if the coworker hasn't shown up?Try to reach them by phone or text message. If you can't reach them, try calling their home or checking their social media to see if they have posted anything about their whereabouts.
Let your supervisor know that your coworker has not shown up for work and that you are unsure of what to do. They may be able to reach your coworker or find someone else to cover the shift.
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In 2 or 3 sentences, explain the trend in consumption, investments, and gross domestic product. are these areas generally increasing or decreasing during these quarters? in 1or 2 sentences, explain if these trends show that expansionary monetary policy was effective beginning in 2010.
GDP are these areas generally increasing or decreasing during these quarters.
GDP: Therefore, GDP is defined by the following formula. It is shortened as GDP = consumption + investment + government spending + net exports, or GDP = C + I + G + NX. Here, consumption (C) represents the household's personal consumption expenditure. Non-profit group investment (I) refers to project costs.
Investment: The act or process of investing money for profit or significant consequences.
Investment is a dynamic component of gross domestic product (GDP) and is the only factor that enables increased domestic production and thus increased employment. It affects consumer and government spending, the latter through increased tax revenues quarters.
GDP measures the total market value (total) of all goods and services (products) produced in the United States (domestic) in a particular year. Compared to the previous period, GDP indicates whether the economy is expanding, producing more goods and services, shrinking, or producing less.
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The _____ is used to characterize the strength of monotonic relationships, even if they are not linear or they are between ordinal variables.
The Spearman's correlation is used to characterize the strength of monotonic relationships, even if they are not linear or they are between ordinal variables.
The Spearman's correlation measures the strength and direction of monotonic association between two variables. Spearman's Rank correlation coefficient is a technique which can be used to summarize the strength and direction of a relationship between two variables. The result will always be between 1 and minus 1.
An advantage of the Spearman rank correlation coefficient is that the X and Y values can be continuous or ordinal, and thus the approximate normal distributions for X and Y are not required.
Hence, the Spearman Coefficient works with monotonic relationships.
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Elaina and Allen just purchased a home using a deed of trust. Which of the following is most likely true about their home loan
Elaina and Allen just purchased a home using a deed of trust: A trustee will keep the title in its most basic form until the debt is paid off. This is further explained below.
What is a deed of trust?Generally, From the perspective of the lender, a deed of trust offers a significant advantage over a mortgage in a number of important respects. In the event that the borrower fails to make their required payments on the loan, the trustee has the authority to use their right to foreclose on the property on behalf of the beneficiary.
In conclusion, A deed of trust was used in the recent purchase of a property by Elaina and Allen. Until the mortgage debt is completely paid off, a trustee will retain the title in its simplest form.
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If a lender agrees to an $80,000 loan at 9% for 15 years with 2 loan discount points, what amount will be charged at closing for the points
points charged at closing will be $80,000 × 0.02 (2 points equal 2%) = $1,600.
Points, also called discount points, lower interest rates in exchange for prepayment. Lenders lower your closing costs in exchange for accepting higher interest rates. These terms may be used to mean something else. "Point" is a term that mortgage lenders have used for many years.
Mortgage points (sometimes called discount points) are fees paid to lower interest rates on home purchases or refinancing. Discount points cost 1% of your mortgage amount. For example, if you take a $ 100,000 mortgage, one point costs $ 1,000.
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A period during which aggregate output rises is known as a(n)
It is known as expansion.
A product's life cycle is the period of time from when it is initially made available to consumers until it is discontinued. Introduction, expansion, maturity, and decline are the four stages that make up a product's life cycle.
Professionals in management and marketing utilize product life cycles to assist them decide on advertising schedules, pricing points, expanding into new product markets, redesigning packaging, and more. Product life cycle management refers to these strategic means of a product's support. They can also help determine when the newer products are ready to push the older ones from the market.
Therefore, the answer is expansion.
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When reviewing the offering documents for a new issue, the FINRA Corporate Financing Department will only permit a new issue to be sold by a member firm if the offering spread is
The FINRA Corporate Financing Department will only approve a new issue to be offered by a member firm after analyzing the offering documentation for the new issue and determining that the offering spread is reasonable and fair.
What does the finance department do?A business's finance department is the division in charge of procuring and managing all financial resources on the company's behalf. The department oversees income and expenses in addition to ensuring that operations function smoothly with the least amount of disturbance.
How does a financial department operate?Banking, leverage or debt, credit, capital markets, money, investments, and the design and management of financial systems are all included in the field of finance.Micro economic and macroeconomic theories form the foundation of fundamental financial ideas.Why is a company's finance department important?A company's finance department is crucial in monitoring performance and developing answers to vital inquiries concerning risk management and return on investment. There won't be a green light without a profit.
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A city accepts the minimum of three bids on a construction project. The three bids are independently and uniformly distributed on the interval from 100,000 to 110,000. Find the expected value of the accepted bid.
The expected value of the accepted bid is
u = 105,000 This is further explained below.
What is the expected value of the accepted bid.?Generally, the equation for the Mean is mathematically given as
u= Expected valve
u=b+a/2
Therefore
u=110,000+100,000/2
u = 105,000
In conclusion, the expected value of the accepted bid.
u = 105,000
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Mortgage loans that allow the borrower to switch among a variety of payment arrangements throughout the life of the loan are more commonly referred to as:_________
Mortgage loans that allow the borrower to switch among a variety of payment arrangements throughout the life of the loan are more commonly referred to as option ARM loans.
A mortgage is a contract between you and a lender that entitles the lender to receive your property if you fail to repay the money and interest you borrowed. Mortgage loans are used to buy a home or borrow money depending on the value of a home you already own.
Mortgage Types
Traditional Loans – Best for borrowers with good credit.
Jumbo Loan – Perfect for high credit borrowers looking to purchase a high-value home.
Government Insured Loans – Best for borrowers with low credit ratings and minimal cash down payment.
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The question is incomplete. Please read below to find the missing content.
Mortgage loans that allow the borrower to switch among a variety of payment arrangements throughout the life of the loan are more commonly referred to as
subprime loans.
option ARM loans.
hybrid ARM loans.
alt-A loans
Granting access to a user based upon how high up he is in an organization violates what basic security premise?
Granting access to a user based upon how high up he is in an organization violates "the principle of least privileges."
As the principle of least privileges states that a person should be given only those privileges that are needed or are necessary to perform a specific job or task and nothing more.
The principle of least privileges states that you assign users the minimum set of privileges which they require to do their jobs, according to their roles.
The principle of least privilege prevents the spread of malware on your network. An administrator or superuser with access to a lot of other network resources and infrastructure could potentially end up spreading malware to all those other systems which he gets access to.
Hence, if the organization grants access to a user based upon how high up he is then the organization violates the principle of least privileges.
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What technique do mainframe computers use to run many programs one after the other without user intervention or action
When a mainframe computer is able to run multiple programs one after the other automatically, this is called Computerized batch processing[.
What is Computerized batch processing?This is a method used by computers to run programs automatically and without the need for user input and intervention.
It allows for programs to run one after another in such a way as to fulfill the required task. The computer just needs to be programmed to do so.
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Having something classified as industrial waste rather than municipal solid waste can be beneficial for a business because ____________.
Having something classified as industrial waste rather than municipal solid waste can be beneficial for a business because industrial waste is not regulated by the federal government and local governments may not be as strict in the safety requirements making disposal cheaper.
What is industrial waste?Industrial waste is the term that is used to refer to all forms of waste that may be gotten from the daily processes that go on in companies in the in production and service delivery.
There are laws that guides such types of waste disposals in the country. During the factory process of milling and all forms of processing they are those materials that may be regarded as useless which cannot be used in the final process.
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What do economists assume when evaluating the utility-maximizing decision-making process? multiple choice question.
Economists assume when evaluating the utility-maximizing decision-making process option(I), (III), (V), and (VI) i.e, Consumers are rational, Consumers have limited incomes, Consumers can rank preferences, and Consumers acknowledge prices.
The utilitarian philosophers Jeremy Bentham and John Stuart Mill invented utility maximization first. The utility maximization problem is the dilemma that customers face in microeconomics: "How should I spend my money to maximize my utility?" An example of an optimal decision problem is this. As it demonstrates how customers distribute their income, utility maximization is a key idea in consumer theory. Because they are reasonable, customers aim to gain the most for themselves.
By evaluating the marginal utility of two options and choosing the one that has the highest total utility within the budgetary constraints, one can identify the combination of products or services that maximizes utility. The choice that results in a greater degree of satisfaction has an impact on the decision.
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The complete question is:
Below is a list of assumptions about decision-making.
1. Consumers are rational.
2. Consumers are selfish.
3. Consumers have limited incomes.
4. Consumers have limited wants.
5. Consumers can rank preferences.
6. Consumers acknowledge prices.
What do economists assume when evaluating the utility-maximizing decision-making process?
In 25 years, a bond with a 4.75% annual interest rate earned $2,375 as interest. What was the principal amount of the bond if the interest was calculated based on simple interest
The principal amount: 1084.48
Denote the principal amount: p
In 25 years, a bond with a 4.75% annual interest rate earned $2,375 as interest.
=> P x (1 + 4.75/100)^25 - P = 2375
=> P x 3.19 - P = 2375
=> P x 2.19 = 2375
=> P = 2375/2.19 = 1084.48$
The principal is most commonly used to refer to the original amount borrowed on a loan or invested in an investment. It can also refer to the face value of a bond, the owner of a private company, or a key participant in a transaction.
Suppose you buy a home for $ 300,000 with a 20% down payment. In this case, you will pay back $ 60,000 on your loan. The mortgage lender then pays $ 240,000, which is the cost of the loan balance. In this case, the principal balance will be $ 240,000.
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Answer:2000
Explanation:
When a person receives an increase in wealth, what is likely to happen to consumption and saving?
When a person receives an increase in wealth, Consumption increases and saving decreases
Both present and future consumption rises as a consumer's current income does as well. Savings increase because current spending increases but does so at a slower rate than current income growth. Again, both present and future consumption rises when the customer receives an increase in predicted future income.
Savings declines because current consumption rises while current income does not. Current and future consumption both grow when the consumer's wealth increases. Again, because current income has not increased, saving has decreased. These individual actions to adjust one's consumption and saving habits have a cumulative effect on the aggregate amount of desired consumption and saving.
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The sale or maturity of investments in securities is a cash ______ activities section of the statement of cash flows. Multiple choice question. outflow in the financing inflow in the investing outflow in the operating outflow in the investing inflow in the operating inflow in the financing
Cash flow from investing activities (CFI)
The sale or maturity of investments in securities is a cash flow from investing activities.
CFI-Cash flow investing activities - One of the sections on the cash flow statement that details how much money was made or spent on various investment-related activities during a given period is the cash flow from investing activities (CFI). Purchasing tangible assets, investing in securities, or selling securities or assets are all examples of investing activity. If management is investing in the long-term health of the company, negative cash flow from investing operations could not be a bad indicator. The cash used in operations, including working capital, borrowing, and investing, is reported in the cash flow statement. On the cash flow statement, there are three activities-labeled parts.
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According to the service profit chain model, workplace practices affect job satisfaction, which influences employee retention, motivation, and behavior, in turn affecting all of the following except
Workplace practices affect job satisfaction, which influences Employee retention, motivation, and behavior, in turn affecting all of the following except: organizational structure.
What is Service Profit Chain Model ?
Service-profit chain, a company should establish a link between employees and customer experience on the one hand and create profit and growth on the other. The different relationships reinforce each other; satisfied customers contribute to employee satisfaction, loyal employees contribute to customer loyalty, and this customer loyalty will eventually result in profit.
The Service Profit Chain involves customer loyalty, customer satisfaction, employee loyalty, employee satisfaction and productivity. This way, strong links develop between:
Profit – Customer loyaltyEmployee loyalty – Customer loyaltyEmployee satisfaction – Customer satisfactionWorkplace practices affect job satisfaction, which influences employee retention, motivation, and behavior. These employee outcomes affect service quality, which then influence customer satisfaction and perceptions of value, customer referrals, and ultimately the company's profitability and growth.
Therefore, we can conclude that the correct option is E.
Your question is incomplete, but most probably your full question was:
According to the service profit chain model, workplace practices affect job satisfaction, which influences employee retention, motivation, and behavior, in turn affecting all of the following except:
A. service quality.
B. customer satisfaction.
C. perceptions of value.
D. profitability.
E. organizational structure.
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The ability to capture and analyze all customer interactions, generate appropriate responses, and gather data to create and build effective and efficient marketing campaigns is known as contact management. Group of answer choices True False
TRUE, The ability to capture and analyze all customer interactions, generate appropriate responses, and gather data to create and build effective and efficient marketing campaigns is known as contact management.
A contact manager is a software program that allows users to easily store and retrieve contact information such as names, addresses, and phone numbers. These are contact-centric databases that provide a fully integrated approach to tracking all contact-related information and communication activity.
Contact management is the process of storing and tracking data about customers and leads. In addition to providing quick access to customer data, investing in contact management can help grow and diversify your customer base.
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Rhonda is interested in putting money toward a timeshare estate, which would allow her to use a condominium for two weeks each year. Timeshare estates ______.
Rhonda is interested in putting money toward a timeshare estate, which would allow her to use a condominium for two weeks each year. Timeshare estates Can be sold or passed down to heirs.
A timeshare is a shared possession version of vacation actual estate wherein a couple of customers' very own allotments of utilization, generally in one-week increments, within the identical property. The timeshare model may be applied to many special styles of homes, together with excursion hotels, condominiums, flats, and campgrounds.
Legally speaking, a timeshare is a manner for a number of human beings to the percentage ownership of belongings, typically vacation belongings which includes a condominium unit within an inn vicinity. Every buyer commonly purchases a sure time period in a specific unit. Timeshares generally divide the property into one- to two-week periods.
Irrespective of how comparable or exceptional they are from the timeshares of the past, today's preparations are called fractionals, condo inns, condotels, private residence golf equipment, destination golf equipment, or something else, but rarely timeshares.
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When nestle or mcdonald's modify their packaging to use more recyclable material, they are responding to what challenge regarding packaging and labeling?
The environment concerns to be a significant topic even while humanity deals with economic crises, wars, and never-ending social challenges. Because Earth is not only our only home but also our main supply of food and air, it is crucial.
What do you mean by environmental concerns?The environment continues to be an important topic even while civilization deals with wars, economic disasters, and unending social problems. It is significant since Earth is not only our only home, but also our main supply of food and air.
Global warming, pollution, deforestation, and intensive agriculture are all reducing biodiversity to unsettling levels. All throughout the planet, millions of species are in danger of extinction or already have.
Some of the biggest environmental problems that are causing great worry are air pollution, water pollution, contamination of the natural environment, rubbish pollution, etc.
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