Answer:
$300 $100 $300
Explanation:
1. AuctionCo takes control of this used bicycle before the sale and pays $200 to the supplier.
Having taken control of the bicycle before the sale, the transaction will be treated as that of AuctionCo so the entire revenue will be theirs.
= $300
2. AuctionCo never took control.
Revenue will be the agency fee;
= Sales price - Supplier sales price
= 300 - 200
= $100
3. Assume AuctionCo promises to pay $200 to the supplier regardless of whether the bicycle is sold but the bicycle will continue to be shipped directly from the supplier to the customer.
= $300
Revenue is $300 because by being the ones to pay the supplier regardless of the occurrence of the transaction, they take control.
he Modigliani and Miller theories are based on several unrealistic assumptions about debt financing. In reality, there are costs, taxes, and other factors associated with debt financing. These costs or effects have led to several theories that explain the impact of these factors on the capital structure of a firm. Based on your understanding of the trade-off theory, what kind of firms are likely to use more leverage? Firms that have relatively higher business risk compared to other firms in their industry Firms that have relatively lower business risk compared to other firms in their industry
Answer: Firms that have relatively lower business risk compared to other firms in their industry
Explanation:
The trade-off theory of capital structure simply explains that companies or organizations chooses the amount of both equity finance and debt finance that they'll use while the costs and benefits are being taken into consideration. Businesses are usually financed using both equity and debt options.
The kind of firms are likely to use more leverage are firms that have relatively lower business risk compared to other firms in their industry. When a business is leveraged, this implies that such business or organization has borrowed money so as to buy an asset. Also, organizations can leverage through equity, and this can be done by raising money from the investors.
. Bobby was researching the economic growth of Denmark between 2009 and 2018. Using 2009 as the base year, he calculated a 15% increase for real GDP and a 10.5% increase for nominal GDP. His results indicate that ____. A. the quantity of outputs produced decreased over the period. B. the quantity of outputs produced did not change and prices decreased over the period. C. the quantity of outputs produced and prices both decreased over the period. D. the quantity of outputs increased and prices decreased over the period. E. he need more information to calculate nominal GDP.
Answer:
Option "D" is the correct answer to the following answer.
Explanation:
True Gdp increases as production increases. Nominal Gdp < real Gdp since prices have dropped such that production volumes have risen and prices have declined over the duration.
Michelle runs a shop on Etsy. One month, she spends $2,800 to promote her shop on Etsy and other social media sites. In that month, she gains 50 new customers. What is her customer acquisition cost for that month?
Michelle's customer acquisition cost for the month is $56.
What is acquisition cost?An acquisition cost is the total cost that a company recognizes on its books for property or equipment after taken into consideration shipping, sales taxes, and customs fees.
Acquisition cost is computed as :
= Amount spent / New customers gained
= $2,800 / 50
= $56
Hence, Michelle's customer acquisition cost for the month is $56.
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North Star prepared the following unadjusted trial balance at the end of its second year of operations ending December 31.
Account Titles Debit Credit
Cash $13,000
Accounts Receivable 7,000
Prepaid Rent 2,600
Equipment 22,000
Accumulated Depreciation $1,100
Accounts Payable 1,100
Income Tax Payable 0
Common Stock 25,800
Retained Earnings 3,100
Sales Revenue 53,000
Salaries and Wages Expense 26,000
Utilities Expense 13,500
Rent Expense 0
Depreciation Expense 0
Income Tax Expense 0
Totals $84,100 $84,100
Other data not yet recorded at December 31:
a. Rent expired during the year, $1,300.
b. Depreciation expense for the year, $1,100.
c. Utilities used and unpaid, $10,000.
d. Income tax expense, $490.
Required:
a. Indicate the accounting equation effects of each required adjustment.
b. Prepare the adjusting journal entries required at December 31.
Answer:
North Star
a. Accounting equation effects of each required adjustment:
1. Assets (Prepaid Rent decrease by $1,300) = Liabilities + Equity (Retained Earnings decreased by $1,300).
2. Assets ( with Accumulated Depreciation - a contra account - decreased by $1,100) = Liabilities + Equity (Retained Earnings decreased by $1,100).
3. Assets = Liabilities (Utilities Payable increased by $10,000) + Equity (Retained Earnings decreased by $10,000)
4. Assets = Liabilities (Income Tax Payable increased by $490) + Equity (Retained Earnings decreased by $490).
b. Adjusting Journal Entries at December 31:
1)
Debit Rent Expense $1,300
Credit Prepaid Rent $1,300
To record rent expense for the year.
2)
Debit Depreciation Expense $1,100
Credit Accumulated Depreciation $1,100
To record depreciation expense for the year.
3)
Debit Utilities Expense $10,000
Credit Utilities Payable $10,000
To accrue utilities expense for the year.
4)
Debit Income Tax Expense $490
Credit Income Tax Payable $490
To accrue income tax expense for the year.
Explanation:
a) Data and Calculations:
Account Titles Debit Credit
Cash $13,000
Accounts Receivable 7,000
Prepaid Rent 2,600
Equipment 22,000
Accumulated Depreciation $1,100
Accounts Payable 1,100
Income Tax Payable 0
Common Stock 25,800
Retained Earnings 3,100
Sales Revenue 53,000
Salaries and Wages Expense 26,000
Utilities Expense 13,500
Rent Expense 0
Depreciation Expense 0
Income Tax Expense 0
Totals $84,100 $84,100
Mahaley, Inc., manufactures and sells two products: Product Q9 and Product F0. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below:
Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours
Product Q9 970 9.7 9,409
Product F0 970 7.7 7,469
Total direct labor-hours 16,878
The direct labor rate is $23.50 per DLH. The direct materials cost per unit for each product is given below:
Direct material cost per units
Product Q9 $176.60
Product F0 $148.40
The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures and expected activity:
Activity Cost Pools Activity Measures Overhead Cost Product C1 Product M2 Total
Labor-related DLHs $558,452 7,200 7,700 14,900
Production orders orders 75,240 500 600 1,100
General factory MHs 886,410 4,400 4,600 9,000
$1,520,102
Required:
The overhead applied to each unit of Product C1 under activity-based costing is closest to:
a. $918.18 per unit.
b. $541.70 per unit.
c. $1,013.40 per unit.
d. $921.77 per unit.
Answer:
Results are below.
Explanation:
First, we need to calculate the predetermined overhead rate for each activity:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Labor-related= 558,452/14,900= $37.46 per direct labor hour
Production orders= 75,240/1,100= $68.4 per order
General factory= 886,410/9,000= $98.49 per machine-hour
Now, we can allocate overhead:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
C1:
Labor-related= 37.46*7,200= $269,712
Production orders= 68.4*500= $34,200
General factory= 98.49*4,400= $433,356
Total= $737,268
We weren't provided with information regarding the number of units of Product C1.
It is unlawful for a person to act as a real estate agent unless such person is legally associated
with
Answer:
a licensed real estate broker
Explanation:
A "real estate agent" is a licensed individual who works by buying and selling properties. In order to practice this profession, he needs to associate himself that he's working under a brokerage.
The person can lawfully do his work as a real estate agent, provided that the real estate broker he's working for has a license. If the broker doesn't have a license, then it's considered illegal.
So to speak, the real estate agent functions like a salesperson.
what is a Value Stream
Answer:
A value stream is the set of actions that take place to add value to a customer from the initial request through realization of value by the customer. The value stream begins with the initial concept, moves through various stages of development and on through delivery and support. A value stream always begins and ends with a customer.
Explanation:
If there is a 30,000 average Service Cost in marketing services, with a 70% Cost Increase and 60% of client Payment for services upfront in addition to advantages of City, the predicted annual earnings for the firm are: _______
The predicted annual earnings of the marketing services will be $44990.64.
How to calculate the predicted annual earnings?From the complete information, y will be:
= 10833.83 + 0.4044X1 + 185.6734X2 + 150.975X3
X1 = 30000, X2 = 70, X3 = 60
Therefore, we will put the values of the variable into the equation.
= 10833.83 + 0.4044(30000) + 185.6734(70) + 150.975(60)
= 44990.64
In conclusion, the predicted annual earnings is $44990.64.
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Barrios Communications is a provider of satellite television services. It will install a satellite dish free of charge for any customer that agrees to a one-year service contract at a price of $50 per month. Installation costs Barrios $150. Customers typically remain with Barrios for much longer than the one year required, an average of 10 years (i.e., 9 years beyond their contractual obligation). Barrios enters into a contract under the terms described above on January 1, 20X1.
Required:1. What amount of revenue should Barrios record related to the contract in 20X1?2. What amount of expense related to the contract should Barrios record related to the contract in 20X1?
Answer:
$600$15Explanation:
1. The revenue for the first year will be the One year contract price
= 50 * 12 months
= $600
2. Customers typically remain with Barrios for an average of 10 years so assuming this stays the same, the expense related to the contract of $150 can be capitalized over those 10 years.
= 150/10
= $15
A client is considering purchasing a new high efficiency pump and motor, with an initial cost of $10,000. The pump has a lifetime of 15 years and is estimated to save approximately $1,000 per year. There is an additional maintenance cost of $300 per year associated with this new pump. The pump will have a salvage value of $0 at the end of its lifetime. Assume the interest rate is 4%. What is the annual value of the pump
The annual value of the pump is $692.
How is the annual value determined?The annual value of the equipment can be determined by calculating the annuity value of the savings and deducting the annuity value of the maintenance cost and then dividing the number by the annuity factor.
Data and Calculations:Cost of high-efficiency pump and motor = $10,000
Estimated lifetime = 15 years
Savings per year = $1,000
Total savings over equipment's lifetime = $11,120 ($1,000 x 11.12)
Annual maintenance cost = $300
Total annual maintenance cost for 15 years = $3,426 ($300 x 11.12)
Annuity Factor at 4% for 15 years = 11.12
Annual value = $692 ($11,120 - $3,426)/11.12
Thus, the annual value of the pump is $692.
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g Jana just found out that she is going to receive an end-of-year bonus of $32,200. She is in the 35 percent marginal tax bracket. Calculate her income tax on this bonus. Now assume that instead of receiving a bonus, Jana receives the $32,200 as a long-term capital gain. What will be her tax? Which form of compensation offers Jana the best after-tax return? Would your calculation be different if the gain was short-term rather than long-term? Her income tax on this bonus is $nothing. (Round to the nearest dollar.) Now assume that instead of receiving a bonus, Jana receives the $32,200 as a long-term capital gain. What will be her tax? Which form of compensation offers Jana the best after-tax return? Would your calculation be different if the gain was short-term rather than long-term? (Select the best answer below.) A. Jana will pay $4,830 ($32,200× 15%) in long-term capital gains taxes. Due to the reduced tax rate, the long-term capital gain offers Jana the best after-tax return. Because short-term capital gains are taxed as ordinary income, she will not receive any tax benefit if she receives the bonus as a short-term capital gain.
Answer:
Jana just found out that she is going to receive an end-of-year bonus of $32,200. She is in the 35 percent marginal tax bracket. Calculate her income tax on this bonus.
tax liability = $32,200 x 35% = $11,270Now assume that instead of receiving a bonus, Jana receives the $32,200 as a long-term capital gain. What will be her tax?
tax liability = $32,200 x 15% = $4,830Which form of compensation offers Jana the best after-tax return?
if the bonus is taxed as a long term capital gain, she will páy less than half the taxes, so it is the best option for herWould your calculation be different if the gain was short-term rather than long-term?
Short term capital gains are taxed at the same rate as ordinary income, so the difference between the bonus being a long vs short term capital gain is very significant to Jana.What is the effect of KFC in the economy of the world?
Answer:
There are many effects. They equate for a large portion in the fast food industry
Explanation:
One benefit of obtaining your bachelor degree over your associate degree is
Answer:
hiring potential will be more not just in money but amount of and type of opportunities open to you.
Answer:
Being able to dive deeper into your area of study.
Explanation:
An associate degree is usually is two-year program while a bachelor's degree is a four-year program.
The P Ltd acquires all issued capital of the S Ltd for a consideration of $1,000,000 cash and 800,000 shares each
valued at $1.50. The summary statement of the financial position of the subsidiary company immediately
following the acquisition is:
Fair value of assets acquired $2,640,000
Fair value of liabilities acquired $720,000
Total shareholders’ equity of the subsidiary company $800,000
Retained earnings of the subsidiary company $1,120,000
Required:
(a) Pass the necessary journal entry to record the acquisition (2 marks)
(b) Determine the amount of goodwill (or bargain purchase) arising out of the acquisition (2 marks)
(c) Pass the necessary consolidation entry to eliminate the subsidiary by the parent company (2 marks)
(d) Determine the amount of goodwill (or bargain purchase) arising out of the acquisition if the purchase
consideration paid was $1,000,000 cash and 400,000 shares each valued at $1.50 (1 marks)
Answer: See attachment
Explanation:
Check the attachment
For (a),
Common shares = $800,000 × 1.5
= $1,200,000
b. Fair value of assets = $2640000
Less: Fair value of liabilities = ($720000)
Net value of S. Ltd = $1920000
Purchase consideration = $220000
Goodwill on acquisition = $2,200,000 - $1,920,000 = $280,000
d. Fair value of assets acquired = $2,640,000
Less: fair value of liabilities acquired = ($720,000)
Net value of S. Ltd = $1,920,000
Purchase consideration = 1,000,000 + (400,000 × 1.5) = 1,000,000 + 600,000 = 1,600,000
Bargain purchase = $1,920,000 - $1,600,000 = $320,000
See attachment for further explanation
1. Determine the price of the bonds issued on February 1, 2021. 2-a. Prepare amortization schedules that indicate Cromley’s effective interest expense for each interest period during the term to maturity. 2-b. Prepare amortization schedules that indicate Barnwell’s effective interest revenue for each interest period during the term to maturity. 3. Prepare the journal entries to record the issuance of the bonds by Cromley and Barnwell’s investment on February 1, 2021. 4. Prepare the journal entries by both firms to record all subsequent events related to the bonds through January 31, 2023.
Answer:
The question is missing the first part:
On February 1, 2021, Cromley Motor Products issued 6% bonds, dated February 1, with a face amount of $65 million. The bonds mature on January 31, 2025 (4 years). The market yield for bonds of similar risk and maturity was 8%. Interest is paid semiannually on July 31 and January 31. Barnwell Industries acquired $65,000 of the bonds as a long-term investment. The fiscal years of both firms end December 31.
1. Determine the price of the bonds issued on February 1, 2021.
the market value of each bond:
PV of face value = $1,000 / (1 + 4%)⁸ = $730.69 PV of coupon payments = $30 x 6.7327 (PV annuity factor, 4%, 8 periods) = $201.98market price per bond = $932.67
2-a. I used an excel spreadsheet since there is not enough room here: Cromley Motors PDF
2-b. Again I used an excel spreadsheet since there is not enough room here:
3. February 1, 2021, bonds issued at a discount
Dr Cash 60,623,550
Dr Discount on bonds payable 4,376,450
Cr Bonds payable 65,000,000
4. Cromley's records:
July 31, 2021, first coupon payment
Dr Interest expense 2,424,942
Cr Cash 1,950,000
Cr Discount on bonds payable 474,942
January 31, 2022, second coupon payment
Dr Interest expense 2,443,940
Cr Cash 1,950,000
Cr Discount on bonds payable 493,940
July 31, 2022, third coupon payment
Dr Interest expense 2,463,697
Cr Cash 1,950,000
Cr Discount on bonds payable 513,697
January 31, 2023, fourth coupon payment
Dr Interest expense 2,484,245
Cr Cash 1,950,000
Cr Discount on bonds payable 534,245
Barnwell's records:
July 31, 2021, first coupon payment
Dr Cash 1,950
Dr Discount on bonds payable 2,425
Cr Interest revenue 475
January 31, 2022, second coupon payment
Dr Cash 1,950
Dr Discount on bonds payable 494
Cr Interest revenue 2,444
July 31, 2022, third coupon payment
Dr Cash 1,950
Dr Discount on bonds payable 514
Cr Interest revenue 2,464
January 31, 2023, fourth coupon payment
Dr Cash 1,950
Dr Discount on bonds payable 556
Cr Interest revenue 2,484
Katie Murphy is preparing for a meeting with her banker. Her business is finishing its fourth year of operations. In the first year, it had negative cash flows from operations. In the second and third years, cash flows from operations were positive. However, inventory costs rose significantly in year 4, and cash flows from operations will probably be down 25%. Murphy wants to secure a line of credit from her banker as a financing buffer. From experience, she knows the banker will scrutinize operating cash flows for years 1 through 4 and will want a projected number for year 5. Murphy knows that a steady progression upward in operating cash flows for years 1 through 4 will help her case. She decides to use her discretion as owner and considers several business actions that will turn her operating cash flow in year 4 from a decrease to an increase.
Identify two business actions Murphy might take to improve cash flows from operations.
Comment on the ethics and possible consequences of Murphy's decision to pursue these actions.
1. The two business actions that Murphy might take to improve cash flows from operations include:
Murphy can defer vendor and operating expenses payments to increase the cash balance.Murphy can cut his personal salary (if he is on one) to show reduced expenses and improve the cash flows.2. The ethical consequences of Murphy's decision in pursuing these actions include:
Presenting misleading financial statements (especially the income statement that has reduced expenses and cash outflows).Loss of confidence and creditworthiness with business partners, suppliers, and other vendors.Assets padding with the non-payment of liabilities is an unethical business practice.What are the consequences of misleading financial statements?Financial statements help investors to assess the worth of a business.
They also help the management to make informed decisions.
Presenting misleading financial statements exposes Murphy to the following consequences:
The legal authorities may subject the company to investigations.Wrong economic decisions can be made by investors and vendors.Bad internal decisions unless you prepare the correct financial reports.Learn more about business ethics and financial reporting at https://brainly.com/question/3991019
A purchasing consortium:
a. consists of two or more independent organizations that combine their requirements for materials, services and capital goods to gain better pricing, service and technology from suppliers.
b. speeds up the purchasing process, but does not usually result in price concessions from suppliers.
c. results in price concessions from suppliers, but usually does not speed up the purchasing process.
d. consists of two or more divisions of the same organization that combine their requirements for materials, services and capital goods to gain better pricing, service and technology from suppliers.
e. is a form of collaborative purchasing used only by the public sector to deliver a wider range of services at a lower total cost.
Answer:
a. consists of two or more independent organizations that combine their requirements for materials, services and capital goods to gain better pricing, service and technology from suppliers.
Explanation:
A purchasing consortium consists of two or more independent organizations that combine their requirements for materials, services and capital goods to gain better pricing, service and technology from suppliers. It is also known as group purchasing organization or cooperative purchasing and typically comprises of organizations sharing similar purchasing requirements or needs coming together in order to enhance their purchasing or bargaining power (capabilities) in the market.
The main purpose of a purchasing consortium is to provide a leverage for two or more independent organizations by reducing their purchasing costs when acquiring resources or materials required for the smooth operation of their business.
Emo Incorporated is reviewing the following projects for next year's capital program. Project Initial Investment Length in Years Annual Cash Flow A $3.0 million 6 $719,374 B 3.5 million 5 970,934 C 4.0 million 7 904,443 D 5.0 million 4 1,716,024 E 6.0 million 6 1,500,919 F 7.0 million 5 1,941,868 G 8.0 million 7 1,725,240 Projects A and B are mutually exclusive and so are Projects D and E. Griffin-Kornberg has 10.5% cost of capital and a maximum of $14 million to spend on capital projects next year. Use capital rationing to determine which projects should be included in Emo's capital program.
Answer:
Projects C, D and B should be carried out since they yield the highest profits. Total investment = $12.5 million.
I based my decision on how much value each project generated (NPV) and how profitable they were. If the company really needed to invest as much of the $14 million as possible, then you could change project D for E, fro a total investment of $13.5 million. Projects B and F yield basically the same gains, but the investment for project F is too high and there are better alternatives.
Explanation:
Project Initial Investment Length in Years Annual Cash Flow
A $3.0 million 6 $719,374
B $3.5 million 5 $970,934
C $4.0 million 7 $904,443
D $5.0 million 4 $1,716,024
E $6.0 million 6 $1,500,919
F $7.0 million 5 $1,941,868
G $8.0 million 7 $1,725,240
NPV
A = -$3.0 million + (4.29218 x $719,374) = -$3.0 million + $3,087,682.70 = $87,682.70
B = -$3.5 million + (3.74286 x $970,934) = -$3.5 million + $3,634,070.03 = $134,070.03
C = -$4.0 million + (4.7893 x $904,443) = -$4.0 million + $4,331,648.86 = $331,648.86
D = -$5.0 million + (3.13586 x $1,716,024) = -$5.0 million + $5,381,211.02 = $381,211.02
E = -$6.0 million + (4.29218 x $1,500,919) = -$6.0 million + $6,442,214.51 = $442,214.51
F = -$7.0 million + (3.74286 x $1,941,868) = -$7.0 million + $7,268,140.06 = $268,140.06
G = -$8.0 million + (4.7893 x $1,725,240) = -$8.0 million + $8,262,691.93 = $262,691.93
Profitability index
A = NPV / initial investment = $87,682.70 / $3,000,000 = 2.92%
B = NPV / initial investment = $134,070.03 / $3,500,000 = 3.83%
C = NPV / initial investment = $331,648.86 / $4,000,000 = 8.28%
D = NPV / initial investment = $381,211.02 / $5,000,000 = 7.62%
E = NPV / initial investment = $442,214.51 / $6,000,000 = 7.37%
F = NPV / initial investment = $268,140.06 / $7,000,000 = 3.83%
G = NPV / initial investment = $262,691.93 / $8,000,000 = 3.28%
ranking of projects based on profitability
C = $4 million investment, 8.28%
D = $5 million investment, 7.62% mutually exclusive with E
E = $6 million investment, 7.37% mutually exclusive with D
B = $3.5 million investment, 3.83% mutually exclusive with A
F = $7 million investment, 3.83%
G = $8 million investment, 3.28%
A = $3 million investment, 2.92% mutually exclusive with B
Projects C, D and B should be carried out since they yield the highest profits. Total investment = $12.5 million.
11. Which statement regarding the importance of human relations is false? A. People accomplish more in their work and personal lives when practicing good human relations. B. People work better together when practicing good human relations. C. People feel better about themselves when practicing good human relations. D. In general, people accomplish less when practicing good human relatio
Answer:
D
Explanation:
Its false. Because human relations within any organization there wouldn't be proper verbal communication
Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 4,800 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 68,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 32,000 units in the ending work in process inventory of the Assembly Department that were 60% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month?
Answer:
Equivalent units for conversion costs = 60,000 units
Explanation:
Units transferred to the next department = Units in beginning work in process + Units started into production - Units in ending work in progress inventory
Units transferred to the next department = 4,800 + 68,000 - 32,000
Units transferred to the next department = 40,800
Ending work in progress for conversion = 32,000 * 60%
Ending work in progress for conversion = 19,200
Equivalent units for conversion costs = Units transferred to the next department + Ending work in progress for conversion
Equivalent units for conversion costs = 40,800 + 19,200
Equivalent units for conversion costs = 60,000 units
which of the following is not a likely reason for a change in project scope?
Scope changes are deviations in functionality, layout, quality, budget, timeline, responsibilities, or other aspects of a project. Typically, scope changes result from careful decisions from a project manager or stakeholder.
Scope change managementScope change management means after your initial project scope has been authorized, which is executed at the completion of your project charter phase, you must manage, control, and document any changes to your scope.
Therefore, any exception to the above is will not be a reason.
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Consider a mail order business in which employees take orders or parts from customers. Create a conceptual using the following information.
a. The mail order company has employees, each identified by a unique employee number, first and last name, and Zip Code.
b. Each customer of the company is identified by a unique customer number, first and last name, and Zip Code.
c. Each part sold by the company is identified by a unique part number, a part name, price and quantity in stock.
d. Each order placed by a customer is taken by an employee and is give a unique order number. Each order contains specified quantities of one or more parts. Each order has a date of receipt as well as an expected ship date. The actual ship date is also recorded.
Required:
Design an ER (Entity-Relationship) diagram for the mail order database and build the design using a data modeling tool such as ERwin or Rational Rose.
Answer:
attached below is the Entity-Relationship diagram
Explanation:
Designing an ER ( Entity-Relationship ) Diagram for the mail order database using a data modelling tool
attached below is the an Entity-Relationship diagram created using all the information provided above
HELP PLEASE
Some businesses require federal licenses because Blank Space __________.
Choose the answer.
Question 19 options:
federal agencies regulate their business
have federal employees
they cross state lines
they have different tax brackets
Answer:
federal agencies regulate their business
Explanation:
It is not very common for businesses to get a federal license. It only happens once their business is regulated by federal agencies. The application fee will largely depend on the type of activities your business have and your issuing agency.
Business activities that require federal license include the following: alcoholic beverages, aviation, fish and wildlife, agriculture, firearms, maritime transportation, TV and radio broadcasting, mining, nuclear energy, etc.
Richard Branson does not possess sufficient numerical or accounting skills.For this reason he has ensured that he appoints accountants with the accounting skills and knowledge to contribute to the success of his numerous ventures. This is known as ____________
Appointing accountants with the accounting skills and knowledge to contribute to the success of his numerous ventures is known as Recruitment.
What is Recruitment?This is defined as the process of actively seeking out, finding and hiring candidates for a specific position or job.
This is usually done based on qualification and experience like in the scenario of Richard recruiting those who have accounting skills.
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What are challenges for organizations that have self-managed teams?
Please identify the appropriate term for the following scenarios.
a. Ivan, a Russian fishermen, needs a permit so that he can commercially participate in ice fishing for yellow perch and then the consequent sales.
b. Garet is an undergraduate student who has to work at McDonald's part time to help pay his tuition loans. Always looking on the bright side of things, he is thankful that he can't make less than what he is earning. $7.25 an hour.
c. D'Artagnan, a poor French noblemen, discovers a large cache of truffles in his backyard. However the government caps the sale of truffles at $100 a pound, which frustrates D'Artagnan as he knows they are worth more than that.
d. Athos is an avid collector of swords, but as they are illegal to purchase, he goes by illicit means to obtain them.
e. To help out farmers, the government sets the minimum price of potatoes at $26 a bushel.
f. In order to support domestic sales of textiles, the country of Germany puts a cap on the amount of foreign textiles it imports.
1. Price Floor
2. License
3. Price Ceiling
4. Quota
5. Black Market
Answer:
Explanation:
a)price floor is usually imposed by government so that price of certain product or services will not be low. However, the the equilibrium price must be lower than price floor in economics for effective price floor.
LICENSE can be regarded as a permit, which could be an official permit to carry it an action or not to.
PRICE CEILING is action by government to prevent price of goods and services from been too much for consumer to afford.
BLACK MARKET is an illegal ways of selling and buying of services by people. It occurs when consumer Don't wan to compliant with government.
a)Ivan, a Russian fishermen, needs a permit so that he can commercially participate in ice fishing for yellow perch and then the consequent sales(LICENSE)
b)garet is an undergraduate student who has to work at McDonald's part time to help pay his tuition loans. Always looking on the bright side of things, he is thankful that he can't make less than what he is earning, $7.25 an hour.( PRICE FLOOR)
c)D'Artagnan, a poor French noblemen, discovers a large cache of truffles in his backyard. However, the government caps the sale of truffles a $100 a pound, which frustrates D'Artagnan as he knows they are worth more than that. (PRICE CEILING)
d)Athos is an avid collector of swords, but as they are illegal to purchase, he goes by illicit (forbidden by law) means to obtain them. (BLACK MARKET)
e)to help out Irish farmers, the government sets the minimum price of potatoes at $26 a bushel(PRICE FLOOR)
f)In order to support domestic sales of textiles, the country of Germany puts a cap on the amount of foreign textiles it imports.( QUOTA)
You have four items on your menu: a veggie sub for $7, a ham sub for $9, a turkey sub for $10, and a steak sub for $13. What is the median price of an item on your menu?
Answer:
$9.5
Explanation:
The median is the middle number in a data. The data has to be arranged in either ascending or descending order.
In the case, our data price, which is $7, $9, $10, and $13. The data is already arranged in ascending order.
7,9,10,13
The median will be the mean of 2nd and 3rd digit
=(9+10)2
=$9.5
The median price is $9.5
Answer:
b.. 9.50
Explanation:
Emersons is a chalk material that was released in the market over a century ago. Since the release, the company has had remarkable sales and Emersons has remained unchanged. However, over the last few years, sales of Emersons have been stagnant. Competitors have begun marking prices down, and increasing their advertising and sales promotions. Emersons is most likely in the ________ stage of the PLC.
a. decline
b. growth
c. incubation
d. maturity
e. introduction
Develop a personal strategic plan as a business graduate in today’s globalized world that defines the key skills /attributes that give you a competitive advantage in the global pool. What are the unique skills that will make a company want to hire you in the ever increasing global market. Using the tools explored by businesses to maintain their competitive advantage devise your individual personal strategic plan.
Answer:
In a globalized world, there are many skills that a business major should have in order to be competitive, among these skills:
Problem-solving abilitiesInterpersonal skillsSoft skillsProfessional skillsIt would also be important to add a unique bent to your formation, for example, learning a bit of data science and programming as a business major would add a lot of value, and make you stand out.
A-2-Z Design Services engaged in the following significant activities during the year: The company issued common stock for $250,000. Management expects to use the proceeds to purchase land next year. A new office building was purchased by issuing a $700,000 long-term note payable to the seller. A-2-Z acquired equipment from one of its suppliers. In exchange, A-2-Z offers to provide design services to its supplier over the next two years. The services are valued at $90,000. Determine the impact of each transaction on cash flows from investing and financing activities in the current year.
Answer:
The company issued common stock for $250,000. Management expects to use the proceeds to purchase land next year.
Cash flows from financing activities increased by $250,000. Cash flows from investing activities are not affected during this year (they should decrease next year).A new office building was purchased by issuing a $700,000 long-term note payable to the seller.
Cash flows from financing activities increased by $700,000. Cash flows from investing activities decrease by $700,000.A-2-Z acquired equipment from one of its suppliers. In exchange, A-2-Z offers to provide design services to its supplier over the next two years. The services are valued at $90,000.
Cash flows from financing and investing activities are not affected since this transaction is part of operating activities.