Answer:
Likely to occur in an expansion and increase the trade deficit.
Domestic private investment increasesImports increaseAs a result of expansion, there is more income in the economy which means that people will be able to invest more. The investment will however lead to more imports as capital goods are acquired. This will therefore increase the trade deficit which is defined as the difference between net exports and net imports.
Likely to occur in an expansion and decrease the trade deficit.
Private savings increaseGovernment borrowing decreasesIn an expansion, people will have more income and so will save more. As a result of them not spending these savings on imports, the trade deficit will go down.
Also with the economy in an expansion, the government would not need to borrow as much money to prop up the economy. This will reduce the trade deficit which includes loans from outside.
outsourcing means moving non-core activities from being done inside the organization to being done externally by an entity that specializes in that activity.
Even though they have nothing to do with making the service or product that the company sells to make money, these are the things that keep the business running.
Human resources, data processing, supply chain management, and logistics are examples of non-core activities.
What does the term "outsourcing" mean?The hiring of a third party to carry out tasks, manage operations, or provide services for a business is known as outsourcing.
What are the primary functions of outsourcing?Best practices in crucial business processes like data processing, supply chain management, warehousing, logistics, human resources, and accounting are the goal of outsourcing.
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You are the manager of the Production Department of the XYZ Company. In the
past three months the productivity of the employees has been decreased, and the
upcoming season will require increased production of goods. Write a memo to the
Manger of Human Resources recommending a bonus plan to encourage employees,
and suggest other ways of increasing productivity.
-
* Use the correct format for writing a memo.
*Write an introduction, discussion & concluding paragraphs.
Answer:
in the carrent official website the carrent official site ok answer the question about a half hour class amecim inde
Memo to Manager of human resources
Date: November 20 December 2022
The Manager of Human Resources
From: Joke , Manager of the Production Department
Subject: Bonus plan for employees!
When I saw the productivity over the last three months, the Narrow production of labour decreased the production of our goods. If this repeats the next month, we will not be able to meet the demand for our products. We need to increase supply in the upcoming season and try to boost our employee's esteem to work hard.
To encourage them I suggest you provide the employees with a bonus, which can encourage them to work hard and produce more.
Also, we can provide them with some health Benefits which would help their families and increase their trust in us and be more Productive at the end of the day.
Thank You,
Joke
729-672-3990.
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match the visualization technique with a suitable application to communicate ideas quickly. question 3 options: trends correlation quantity 1. color 2. size 3. orientation
Information and data are graphically represented in data visualization. Data visualization tools offer a simple approach to spot and comprehend trends, outliers, and patterns in data by utilizing visual components like charts, graphs, and maps.
Describe the data visualization toolsTo analyze vast volumes of data and make data-driven decisions in the world of big data, data visualization tools and technologies are crucial.
It is also known as a vertical bar chart and has a column where each category is represented by a rectangle. The height of the rectangle is inversely related to the values plotted.
Rectangular bars with lengths proportionate to the values they reflect make up the bar graph.
Stacked Bar Graph: This is a bar-style graph where different elements are stacked on top of one another.
Pie charts show different elements of a data set as slices of a pie, each representing a component's percentage of the overall data set.
Waterfall Chart: With the aid of this chart, one may comprehend the escalating impact of successively introduced positive or negative values.
An amalgam of a scatter plot and a proportional area chart, the bubble graph is a multi-variable graph.
It is also known as a scatter chart or scatter graph. Scatter Plot Chart Two separate numerical variables are each represented by a dot.
Funnel Chart: The graph determines how people move through the system with the help of a business or sales process.
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How to build a business ?
Run a market analysis. If there is a chance to develop your concept into a profitable firm, market research will inform you.
Prepare a business strategy.Decide on a corporate structure.Register your company.Obtain tax identification numbers from the federal and state governments.How to build a business?Generally, Begin with a Strong Concept for Your Business. If you're interested in starting a company, you may be surprised to learn how simple the process really is.
Carry out Research Regarding the Business Idea That You Have.
Create a Business Plan. Ensure the Legality of Your New Enterprise. Become Familiar with Your Financial Situation. Ensure the Safety of Your Company. Construct Your Enterprise.
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Data Mining uses which of the following approaches to analyze data and find new patterns and trends?
A. Data normalization.
B. Data scrubbing.
C. Decision Support Systems.
D. Sophisticated statistical techniques.
The following methodologies is used by data mining to evaluate data and discover fresh patterns and trends: D. Sophisticated statistical methods.
Data mining is a potent technique for handling this scenario in a world that is becoming more and more complex, where we continually need to deal with new sources of data and make the best decisionA corporation uses data mining to detect patterns and relationships in data so they can have knowledge for improved decision-making. Data mining is the method of analysing large amounts of information and finding new linkages, new patterns, and eventually a better insight.
A successful marketing campaign, the display of sales trends, and the provision of high-quality customer support are all possible outcomes of data mining. When we mine data, we look for patterns in massive databases using techniques that incorporate statistical analysis and database systems. This procedure is also known as "knowledge discovery in databases, or KDD for short.
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The government organization that employs 76 district international trade officers and 10 regional international trade officers throughout the United States as well as a 10-person international trade staff in Washington, D.C. to help potential exporters is the
a) Small Business Administration.
b) U.S. Commercial Service.
c) sogo shosha
d) Federal Trade Commission.
e) International Trade Administration.
The government organization that employs 76 district international trade officers and 10 regional international trade officers throughout the United States as well as a 10-person international trade staff in Washington, D.C. to help potential exporters is the Small Business Administration.
The Small Business Administration (SBA) assists Americans in growing their companies and creating employment by offering resources and tools such as access to funding, opportunities in Federal contracting, access to entrepreneurial education, and disaster relief for businesses, homeowners, and renters.
The Small Business Administration makes loans, disaster loans, and microloans available to individuals in need through banks, credit unions, and other lenders. Many of the most prosperous small firms began with an SBA loan.
The Small Business Administration assists Americans in starting, building, and expanding enterprises. The Small Business Administration helps and defends the interests of small business concerns through an extensive network of field offices and partnerships.
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midtown bistro, a local restaurant, has hired you to help them develop a new online business initiative. the company wants to use social networking actively in its marketing plan and integrate it into its website. in one or two paragraphs, identify three benefits that midtown bistro might hope to obtain from this initiative and then write one additional paragraph about how it might measure its achievement of each benefit objective.
The advantages to Midtown bistro, a local restaurant for conducting business online are increased potential customers, customer loyalty and customer feedbacks.
Give a brief account on benefits and effectiveness of online operations.Benefits of conducting business online include:
One advantage of the Midtown Bistro restaurant is that it will have easy access to a large number of potential consumers. In this manner, it will make advantage of the chosen web marketing and product awareness-raising platform. There will be more customers.Better and more advanced customer services will be the organization's second benefit. Direct contact between clients and the organization administration will be facilitated via an internet platform, such as a website.As a result, clients will get answers to questions right away. As a result, clients will become more devoted.Measuring effectiveness :-
The efficiency of the built web platform has a variety of effects on how the Midtown Bistro functions. An rise in client numbers will be a good indication that the online marketing and awareness strategies used have been used. Additionally, the proportion of returning clients will demonstrate how well the services have performed since the introduction of the online platform.
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consumers may save the following and these may remind the customer of the advertiser's business for years:
O product placements
O take-ones inside cards O advertising specialty items terminal O posters 1 points save answer
The thing consumers remind the customer of the advertiser's business for years is product placements.
What is product placement?Product placement is a form of advertising in which branded goods and services are highlighted in a production that caters to a big audience.
Product placements, also referred to as "embedded marketing" or "embedded advertising," are frequently seen in motion pictures, television programs, home videos, radio, and—less frequently—live performances. Companies may offer a production firm or studio money, commodities, or services in exchange for the license to use their products.
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____ refers to the oil-producing countries have no right to lower production in order to raise profits, since our standard of living depends upon that oil.
OPEC refers to the oil-producing countries having no right to lower production in order to raise profits, since our standard of living depends upon that oil.
OPEC's objective is to co-ordinate and unify petroleum regulations among Member international locations, as a way to cozy truthful and strong fees for petroleum manufacturers; an green, economic, and ordinary supply of petroleum to ingesting international locations; and a truthful return on capital to the ones investing inside the enterprise.
The formation of OPEC marked a turning point toward national sovereignty over herbal sources, and OPEC selections have come to play a prominent function inside the international oil market and international members of the family. The impact may be especially strong when wars or civil disorders cause prolonged interruptions in the delivery. inside the Seventies, regulations in oil manufacturing caused a dramatic upward push in oil costs and within the revenue and wealth of OPEC, with long-lasting and long-way-achieving outcomes for the worldwide economy. within the Nineteen Eighties, OPEC commenced putting manufacturing goals for its member nations; commonly, whilst the goals are decreased, oil fees grew. This has passed off most lately from the company's 2008 and 2016 choices to trim oversupply.
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On January 1, Year 2 Grande Company had a $18,000 balance in the Accounts Receivable account and a zero balance in the Allowance for Doubtful Accounts account. During Year 2. Grande provided $72,000 of service on account. The company collected $68,500 cash from accounts receivable. Uncollectible accounts are estimated to be 2% of sales on account. What is the amount of uncollectible accounts expense recognized on the Year 2 income statement? O $5,500 O $1,440 O $1,370 O $360
$ 1,440 is the amount of cash flow from operating activities that would appear on the year 2 statement of cash flows.
Amount of uncollectable accounts expenses recognized on the Year 2 income statement = $ 72,000 * 2 % = $ 1,440.A cash inflow is a real or virtual movement of plutocrat a cash inflow in its narrow sense is a payment, especially from one central bank account to another the term cash inflow is substantially used to describe calculate free cash inflow,add your net income andnon-cash charges, also abate your change in working capital and capital expenditure.The allowance for uncollectible accounts is calculated by multiplying the receivable balance in the various aging categories by a reserve rate.A higher reserve rate is applied to older receivables because those receivables are less likely to be collected.Cash inflow refers to the net balance of cash moving into and out of a business at a specific point in time.Cash is constantly moving into and out of a business.For illustration,when a retailer purchases force,plutocrat flows out of the business toward its suppliers.
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which of the following is the point in development during which a person is best suited to learn a particular skill or behavior pattern?
A critical period is a stage or point in development during which a person is best suited to learn a particular skill or behavior pattern.
Skill is the learned ability to move purposefully and well, often within a predetermined timeframe or energy, or both. General and field-specific skills are two common types of skills. To gauge the number of possibilities exposed and applied, specific scenarios and contextual triggers are often required.
When a talent represents a body of knowledge or a particular field of study, such as the art of war or the art of medicine, it is called art. While there are many talents that constitute art and are not of the fine arts, art is also a skill.
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On July 7, Saints Inc. received $10,000 in cash from a customer for services to be provided on October 10. Which of the following describes how the transaction should be recorded on July 7?A) Debit Deferred Revenue $10,000, credit Cash $10,000.B) Debit Cash $10,000, credit Service Revenue $10,000.C) Debit Cash $10,000, credit Deferred Revenue $10,000.D) Debit Accounts Receivable $10,000, credit Service Revenue $10,000.
The correct answer is (C) i.e. Debit money $10,000, credit postponed Revenue $10,000. Assets increase and stockholder's equity can increase. If company has provided the services on account suggests that on credit.
Accounts exaggerated by debits A debit will increase the next kinds of accounts: Assets (Cash, assets, Inventory, Land, Equipment, etc.) Expenses (Rent Expense, Wages Expense, expense, etc.) Losses (Loss on the sale of assets, Loss from a continuing, etc.)
Accounts collectible and honorary revenue liabilities accounts and would increase with a credit. The journal entry ought to increase the assets and with a debit and increase the Service Revenue account with a entry.
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green river company acquired 100% of the voting stock of the autostyle group on january 1 of the current year for a total acquisition cost of $250,000. the trial balance of autostyle on the date of acquisition follows.
Mercury Corporation acquired 100 percent of the stock of Jupiter Company when the book value of Jupiter's net assets was $250,000.
What is net assets?The total assets of an entity less the total liabilities equals the entity's net assets. The sum of a company's net assets equals its stockholders' equity in full. Net assets are divided into unrestricted and restricted net assets in a nonprofit organization.The net asset on the balance sheet is calculated by adding up all of your assets and deducting all of your liabilities. It is the amount you have in excess of all of your debts (liabilities). It is frequently referred to as net worth (NW). Asset value less liability equals a company's net assets. ((Total Fixed Assets + Total Current Assets) - (Total Current Liabilities).To learn more about net worth refer to:
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What refers to the process of creating goods and services?
goods and services are the terms used to describe the process of producing things and services. Production and manufacturing are terms used to describe the process of producing things and services using labor, technology, and raw materials.
Which term best describes the goods and services?Production is the process by which unprocessed inputs such as concepts, ideas, knowledge, etc. are converted into finished products or services. In order to produce an output that is useful or valuable as currency, resources are utilized in this process.
What people consume and spend money on is referred to as products and services collectively. Services and goods frequently complement each other. One consumer might pay for the processing and transportation of the gasoline they buy for their car.
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Alma is in the business of dairy farming. During the year, one of her barns was completely destroyed by fire. The
adjusted basis of the barn was $90,000. The fair market value of the barn before the fire was $75,000. The barn was insured for 95% of its fair market value, and Alma recovered this amount under the insurance policy (Insurance paid her $71,250 ) . Alma has adjusted gross income for the year of $40,000 (before considering the casualty). Determine the amount of loss she can deduct on her tax return for the current year (2020).
The options are:
A. 18,750
B. 14,750
C. 14,650
D. None of these
E. 3,750
A. The amount of loss that Alma can deduct on her tax return for the current year is $18,750.
Determine the adjusted basis of the barn: $90,000
Determine the fair market value of the barn before the fire: $75,000
Determine the amount recovered from the insurance policy: $71,250
Calculate the deductible casualty loss:
Adjusted basis of the barn ($90,000) - fair market value of the barn before the fire ($75,000) - amount recovered from the insurance policy ($71,250) = deductible casualty loss ($18,750)
Therefore, the amount of loss that Alma can deduct on her tax return for the current year is $18,750.
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____ refers to One major way for interest groups to promote the political interests of elected officials who support their viewpoints and oppose the interests of those who do NOT is by engaging in campaign contributions.
The majority of interest groups lobby lawmakers and other government officials in an effort to change policy.
What is lobbying by interest groups like?By directly attempting to persuade public figures to advance the interests of their clients, lobbyists engage in the act of lobbying.
The act of lobbying entails making an effort to persuade a legislative member or legislative staff member to follow a certain course of action or refrain from following a certain course of action.
A collection of individuals with a shared interest?An interest group or advocacy group is a group that engages in a variety of advocacy strategies to influence the public discourse and/or public policy. The term "educated society" can also be used to describe an interest group. a collection of individuals who have a common specialty or interest.
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Marketers should listen to understand, not to decide if someone or the information their communication dance partner is conveying is right or wrong. T or F
Instead of judging whether someone or the information their communication dance partner is communicating is correct or incorrect, marketers should listen to comprehend. True
Information exchange is the traditional definition of communication. It is also possible to use the phrase to refer to the transmission's message or the area of research that it is the subject of. Its precise definition is a contentious topic. According to John Peters, the challenge in defining communication stems from the fact that it is both a common occurrence and a distinct academic area with institutional support. Limiting the range of actions that are included under the term of communication is one definitional method. According to this rationale, communication can be defined as the process by which individuals or groups produce meaning that is mutually acceptable through the use of signs, symbols, and semiotic conventions.
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Instead of judging whether someone or the information their communication dance partner is communicating is correct or incorrect, marketers should listen to comprehend. True
Information exchange is the traditional definition of communication. It is also possible to use the phrase to refer to the transmission's message or the area of research that it is the subject of. Its precise definition is a contentious topic. According to John Peters, the challenge in defining communication stems from the fact that it is both a common occurrence and a distinct academic area with institutional support. Limiting the range of actions that are included under the term of communication is one definitional method. According to this rationale, communication can be defined as the process by which individuals or groups produce meaning that is mutually acceptable through the use of signs, symbols, and semiotic conventions.
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A study of the external environment allows a manager to understand the ________ and________ for the organization.
A) threats; weaknesses B) strengths; weaknesses
C) strengths; opportunities D) opportunities; strengths
The correct response is D) opportunities; threats. A study of the external environment allows a manager to understand the opportunities and threats for the organization.
An organization or organization is a thing that consists of one or more people and serves a certain purpose, such as a company, institution, or association (Commonwealth English; see spelling variations). The term is derived from the Greek word organon, which can also be used to describe a variety of equipment, instruments, and organs. An organization is made up of a group of people who work together, such as in a union, firm, charity, or neighborhood association.The term "organization" can refer to an individual, a team, a business, or the act of creating something. However, being organized can enhance your well-being and lead to greater happiness and comfort. Your life can suffer greatly from disorganization. It could lead to despondency and increased tension. In addition to being a cause of dust buildup and mould growth, disorganization can be a fire danger.
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A study of the external environment allows a manager to understand the ________ and________ for the organization.
A) threats; weaknesses B) strengths; weaknesses
C) strengths; opportunities D) opportunities; threats
A Gantt chart is a standard format for displaying project schedule information by listing project activities and their corresponding start and finish dates in a ____ format.
a. pie chart
b. line graph
c. bar graph
d. calendar
Option (d), A Gantt chart, which lists project activities along with the matching start and end dates in a calendar format, is a common method for displaying information about project schedules.
What is the purpose of the Gantt chart?A Gantt chart is a project management tool that shows the relationship between the quantity of work that has been finished over time and the given amount of time for the assignment. A task list on the left and a timetable with work schedule bars on the right are the two typical divisions.
The Gnatt chart is a particular sort of graph that is created by plotting values along the vertical and horizontal axis.
The work or task is displayed on the vertical axis, and the time intervals are depicted on the horizontal axis.
A bar chart is used to convey information about the project and other related operations. The bar-plotting approach used in the Gnatt chart produced the calendar display.
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Arbitration is a private solution that is
A. often preferred by foreign litigants because it is perceived as fairer, faster, cheaper, and more confidential than are the courts.
B. favored by international unions.
C. recommended by the UN for international companies facing litigation in developing countries.
D. discouraged by the U.S. Bar Association.
Arbitration is a private solution that is often preferred by foreign litigants because it is perceived as fairer, faster, cheaper, and more confidential than are the courts.
Hence, Option A is correct.
What is Arbitration?A disagreement is presented to one or more arbitrators through the arbitration procedure by consent of the parties, who subsequently provide an official ruling on the topic. Instead of going to court, the parties choose for arbitration as a private dispute resolution mechanism. The parties and arbitrators gather in person to conduct the hearing, which is where the parties present their respective arguments and supporting evidence. The decision and the prizes. Following the hearing, the arbitrators deliberate on the pertinent facts before issuing a written decision known as an award.
Arbitration occurs when two divorce parties are unable to reach an agreement on terms and request a third party to assist them in their negotiations.
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A(n)_______ is a separate record used to summarize changes in assets, liabilities, and owner's equity of a business.
A general ledger (GL) is a group of numbered accounts that a company uses to track financial transactions and prepare financial reports.
Why are general ledger accounts used in businesses?A general ledger adds value to businesses in several ways, including the three listed below:
Financial statements. For internal stakeholders, GLs generate a variety of critical financial statements. They can make business decisions based on the financial data in those statements.Accounts receivable. A general ledger (GL) also maintains financial accounting records for all business transactions and account balances in an organization. Accountants can use these records and the financial data contained within them to detect unusual, erroneous, or fraudulent transactions.Balance the books. A GL allows a company to create a trial balance by totaling all debits and credits. Most organizations do this periodically, often at the end of a reporting period, so they can proactively stay on top of expenses.To learn more about Financial statements refer to:
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American (A) and The production planner for Fine Coffees, Inc. produces two coffee blends British (B). Two of his resources are constrained Columbia beans, of which he can get at most 300 pounds (4.800 ounces) per week; and Dominican beans, of which he can get at most 200 pounds (3.200 ounces) per week. Each pound of American blend coffee requires 12 ounces of Colombian beans and 4 ounces of Dominican beans, while a pound of British blend coffee uses 8 ounces of each type of bean Profits for the American blend are $2.00 per pound, and profits for the British blend are $1.00 per pound (16 ounce/pound) What is the objective function?
A Maximize Z = $1A + $28 B Maximize Z = $12A + $8B C Maximize Z = $2A + $1B D. Maximize Z = $8A + $12B E. Maximize Z = $4A + $8B What is the Columbia bean constraint? A 1A +2B 4.800 B 12A 88 s 4,800 C 2A 18 s 4,800 D. 8A 128 s 4,800 E· 4A +88S 4,800 Which of the following is not a feasible production combination? A 0A and 0 B B 0 A and 400 B C 200 A and 300 B D. 400 A and 0 B E 400 A and 400 B What are optimal weekly profits? A $O B. $400 C. $700 D $800 E $900 For the optimal production combination, how much of each resource is slack? A. Colombian beans: 0 pounds, Dominican beans: 0 pounds B. Colombian beans: 0 pounds; Dominican beans: 100 pounds C. Colombian beans 100 pounds; Dominican beans: 0 pounds D. Colombian beans: 100 pounds; Dominican beans: 100 pounds E. Colombian beans: 30 pounds, Dominican beans: 50 pounds
The Dominican bean constraint is 4A + 6B <= 200 according to the question.
The Dominican bean constraint merely sets an upper limit on the quantity of the ingredient, which can be obtained at a rate of 200 pounds per week. Given are the requirements for each blend: 4 ounces of Dominican beans for the American blend and 6 ounces of Dominican beans for the British blend. 4800 ounces of Dominican beans are altogether available. Thus, the restriction would be:
4 * A + 6 * B <= 3200
Where, A represents how many pounds of Am, refer erican Blend will be produced.
B = The quantity of British Blend to be made in pounds
The general linear programme would look like this:
A = The quantity of pounds of American Blend that will be produced
B = The quantity of British Blend to be made in pounds
Maximise Profit = 2 * A + 1 * B is the goal.
(Explanation for objective function: For every pound of American Blend, a profit of $2 is generated, while for every pound of British Blend, a profit of $1 is generated. As a result, the goal is to maximise the total profit, which is 2 * A + 1 * B.
10*A + 6*B <= 4800 (Used Columbia Beans should equal the 4800 ounces of available Columbia Beans in total.)
4*A + 6*B <= 3200 (The amount of Dominican beans used should equal the 3200 ounces of available Dominican beans.)
A, B >= 0 (Constraints on non-negativity)
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Suppose Nike and Adidas are considering whether to develop new advertising campaigns. For each pair of strategies, the blue triangle shows Nike's payoff and the green triangle shows Adidas's payoff, in billions. Use this information, and the phrases below, to complete the sentences. The best outcome for Nike is to choose and for Adidas to choose If Adidas chooses not to advertise, their best result will happen if Nike chooses The Nash equilibrium for this advertising game is for Nike to choose and for Adidas
In the given case the dominant strategy for Nike is to price Low.
What do you mean by Nash equilibrium?
A player can obtain the desired outcome by sticking to their initial strategy, according to the Nash equilibrium, a decision-making theorem in game theory. Each player's approach in the Nash equilibrium is the best one given what the other players have decided.The Nash equilibrium is a tool economists use to forecast how businesses will react to pricing competition. Customers will likely be squeezed more severely by two huge corporations who adopt pricing strategies to compete with one another than they could be if they each faced thousands of competitors.To know more about Nash equilibrium
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because there is a relationship between the price level and the quantity demanded of real gdp, the aggregate demand curve is curve.
It is true because there is relationship between price level and quantity demanded of real GDP, aggregate demand curve is curve.
What is aggregate demand?In macroeconomics, aggregate demand (AD) or domestic final demand refers to the total demand for goods and services in an economy at a particular time (DFD). It is frequently referred to as an effective demand, despite other instances where it is distinguished. The aggregate demand curve is drawn using the horizontal axis for real output and the vertical axis for price level. The Pigou effect states that higher prices are linked to less real wealth, which, in turn, results in lower consumption spending and, ultimately, less overall demand for goods. As a result of the equilibrium of the financial markets, the Keynes effect states that higher prices imply a smaller real money supply and, consequently, higher interest rates. As a result, less money will be invested in adding new physical capital.
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1. under acquisition in the ads > campaigns report, which campaign had the most clicks? aw - electronics all products aw - apparel aw - accessories
The right answer is D. The Aw - Accessories strategy garnered the most clicks over acquisitions in the ads > campaigns report.
How is acquisition carried out?When a company purchases the overwhelming or the entire stocks of another corporation in order that take over business, it is said to have made an acquisition. The acquirer can make choices on new found assets without the consent of the target company's other shareholders if they purchase more than 50% of the target company's stock and other assets.
What is meant by acquisition?The term "acquisition" most often refers to the action of gaining an item or the thing itself. The word acquire, which is most frequently used to mean to receive, buy, or study, has a noun form.
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Your city has decided to build a new library. The projected cost is $2 million. A bond issue for $1.2 million has been authorized, and the remainder is supposed to come from a contribution of $800,000 from the general fund. The bonds sold for $1.3 million, a premium of $100,000. Create the required journal entries for the following transactions: Identify all of the funds required for these entries.
Answer:
Issuance of bonds:
Debit: Cash (bond proceeds) $1.3 million
Credit: Bonds Payable $1.2 million
Credit: Premium on Bonds Payable $100,000
Contribution from general fund:
Debit: Cash (general fund contribution) $800,000
Credit: Contributed Capital (general fund contribution) $800,000
Construction of library:
Debit: Construction in Progress $2 million
Credit: Cash (bond proceeds) $1.3 million
Credit: Contributed Capital (general fund contribution) $800,000
In these transactions, the following funds are required:
- Cash (bond proceeds): This represents the cash received from the sale of the bonds.
- Bonds Payable: This represents the debt that the city has taken on through the issuance of the bonds.
- Premium on Bonds Payable: This represents the excess amount that the city received from the sale of the bonds above the face value of the bonds.
- Cash (general fund contribution): This represents the cash that the city is contributing from its general fund towards the construction of the library.
- Contributed Capital (general fund contribution): This represents the capital that the city is contributing from its general fund towards the construction of the library.
- Construction in Progress: This represents the cost of the construction of the library.
Kayak requires a minimum cash balance of $40,000 at each month-end. Loans taken to meet this requirement charge 1%, interest per month, paid at each month-end. The interest is computed based on the beginning balance of the loan for the month. Any preliminary cash balance above $40,000 is used to repay loans at month-end. The company has a cash balance of $40,000 and a loan balance of $80,000 at January 1.
For the months of January, February, and March, the cash available to Kayak is :
January - $ 557, 000February - $ 449, 500March - $ 545, 379What is the amount of cash available ?The total cash available to a company like Kayak, refers to the sum of the amount that they started with in a month, and the cash receipts that they will receive in that month.
This means that for January, the total cash available would be :
= Beginning cash receipts + Cash receipts in month
= 40, 000 + 517, 000
= $ 557, 000
For February, it would be:
= 40, 000 + 409, 500
= $ 449, 500
Kayak would have a total cash available balance in March of :
= = 76, 379 + 469, 000
= $ 545, 379
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The question is:
How much cash would Kayak have available in January, February, and March?
A debit to either the drawing account or a(n)_______account will cause a decrease in the owner's equity of a business.
A drawing account is primarily used for sole proprietorships or partnerships that are taxed as such.
How does a drawing account function?
A drawing account is a ledger that tracks money and other assets withdrawn from a business, usually a sole proprietorship or a partnership, by its owner(s).A drawing account acts as a contra account to the business owner’s equity; an entry any debits to the drawing account will be balanced by a credit to the cash account in the same amount.Drawing accounts work year to year: An account is closed out at the end of each year, with the balance transferred to the owner’s equity account, and then reestablished in the new year.To learn more about sole proprietorship refer to:
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What do insurance sales agents do?
Answer:
Explanation:
Insurance sales agents contact potential customers and sell one or more types of insurance. These agents explain various insurance policies and help clients choose the plans that suit them
he's not eudoxus, but he names a property stating that there exists a natural number greater than a given real number.
Archimedes is not Eudoxus, but he names a property stating that there exists a natural number greater than a given real number.
What is it that makes Archimedes famous?The inventions and scientific breakthroughs of Archimedes are well known. The Archimedes Screw, a tool for lifting water, and Archimedes' concept of buoyancy are the two most well-known of these. Both are still utilized in sewage treatment facilities and for crop irrigation.
Is pi a discovery of Archimedes'?The initial computation of pi is attributed to the ancient Greek mathematician Archimedes of Syracuse, who is regarded as the greatest mathematician in all of human history and flourished in the third century B.C.
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