On December 31, the company provides consulting services and bills its customer $3,000 for these services.

Required:
Write down the necessary journal entry.

Answer: A. can help with leadership selection and development.

Explanation:

The focus of the trait approach to leadership is on the personal attributes of a leader like the values, competencies, the physical and personality characteristics, etc.

Here, focus isn't on the followers but rather on the leader as it's concerned with the leaders traits. The leaders traits are vital to the leadership process. This can help with leadership selection and development.

Answer:

Variable operating cost per mile = $0.2

Fixed operating cost = $215

Income  at 3,700 miles = $895

Explanation:

The variable cost per mile =

(cost at high activity - cost at low activity)/(high activity - low activity)

Fixed operating cost = cost at high activity - (VC/mile × high activity)

So we can apply the formulae as follows:

The variable cost per mile = (1,095 - 875)/(4,400-3,300)= $0.2 per mile

Fixed cost = $1,095 - (0.2×4,400)=$215

Variable operating cost per mile = $0.2

Fixed operating cost = $215

Contribution margin income statement

                                                                                $

Sales value = (3,700 miles × $0.50 per mile)       1,850

Variable cost    (3,700×  $0.2)                               (740)

Contribution                                                             1,110

Less Fixed cost                                                       (215)

Income                                                                    895

Answer:

Explanation:Empreendedorismo Social.

Empreendedorismo de Negócios.

Empreendedorismo Corporativo ou Intraempreendedorismo.

Empreendedorismo Feminino.

Empreendedorismo Individual.

Empreendedorismo Verde.

Empreendedorismo Informal.

Empreendedorismo de Franquias.

Answer:

Small business entrepreneurship. A majority of businesses are small businesses. People interested in small business entrepreneurship are most likely to make a profit that supports their family and a modest ...

Large company entrepreneurship. Large company entrepreneurship is when a company has a finite amount of life cycles. ...

Scalable startup entrepreneurship. This kind of entrepreneurship is when entrepreneurs believe that their company can change the world.

Social entrepreneurship. An entrepreneur who wants to solve social problems with their products and services is in this category of entrepreneurship.

Innovative entrepreneurship. Innovative entrepreneurs are people who are constantly coming up with new ideas and inventions. They take these ideas and turn them into business ventures.

Explanation:

Answer:

$101,904.6

Explanation:

The computation of the cost of goods sold using the average cost method is shown below:

Beginnig Inventory 285 at $157 = $44,745

Purchases   485 at $177 = $85,845

Purchases   185 at $217 = $40,145

Total cost = $170,735

Now  

Total number of units is

= 285 + 485 + 185

= 955

Now  

Average Cost per unit is

= $170,735 ÷ 955

=$ 178.78

And, finally

Cost of goods Sold is

= 570 × $178.78

= $101,904.6

Answer:

8.4%

Explanation:

Answer:

Results are below.

Explanation:

To calculate the direct material rate and quantity variance, we need to use the following formula:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (0.32 - 0.3)*80,000

Direct material price variance= $1,600 favorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (7*4,600 - 40,250)*0.32

Direct material quantity variance= $2,576 unfavorable

To calculate the direct labor efficiency and rate variances, we need to use the following formulas:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (1.2*4,600 - 5,920)*7.2

Direct labor time (efficiency) variance= $2,880 unfavorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (7.2 - 7.9)*5,920

Direct labor rate variance= $4,144 unfavorable

Actual rate= 46,768/5,920= $7.9

Answer:

A. Disposable income

B. Marginal Propensity to Consume

C. Change in Disposable Income by the Marginal Propensity to Consume.

Explanation:

The consumption will increase by $800

Explanation:

The consumption function shows the relationship between consumption spending and disposable income.

The slope of the consumption function is the marginal propensity to consume.

Changes in consumption can be predicted by multiplying the change in disposable income by the marginal propensity to consume.

GIVEN that: MPC = 0.60

Disposable income increases by $1,500

consumption increase = 0.60*$1500

= $900

Therefore, The consumption will increase by $900.

Answer:

publich investment in highways

Answer:

DEF Insurance LLC

Employee Motivation Drives

According to four drive theory, Paul most likely has a high:

a. drive to acquire and

d. drive to achieve

Explanation:

Paul's motivation drive is summed in the drive to acquire and achieve.  For example, Paul craves for the acquisition of laurels. He also actively works to be promoted to managerial positions, based on his drive to achieve.  On the other hand, Jessie prefers to bond and to belong to the team.  He does not like offsetting relationships or displaying people from their positions, unlike Paul.  The other motivation drives are to be challenged and comprehend and to define and defend.

Answer: D) saving equals investment as long as NX = 0

Explanation:

The last option was incomplete as it should have said ...NX = 0.

The Income/GDP of a country that is open to international trade is calculated as follows:

Income = Consumption + Investment + Government spending + Net exports

Y = C + I + G + NX

If NX = 0 then the formula becomes:

Y = C + I + G

Investment in this scenario is therefore:

I = Y - C - G

This is the same as savings as savings is calculated by subtracting consumption and government spending from the total income. This is because government spending is derived from taxes so the cash that people get to save is their income less than their taxes and consumption expenses.

S = Y - C - G = Y

Answer:

d as its not any of the others and culture makes most sense

Explanation:

Answer:

Par value of note payable = $43,200

Interest rate = 8%

Annual installment = $16,763.05

Interest expense for year 1 = Par value of note payable * Interest rate = $43,200*8% = $3,456

Principal repayment in first installment = Annual installment - Interest expense for year 1 = $16,763.05 - $3,456 = $13,307.05

General Journal          Debit           Credit

Notes payable          $13,307.05

Interest expense      $3,456

Cash                                               $16,763.05

Answer:

B. more than zero if no products were made and would then increase in direct proportion to output

Explanation:

Semi-fixed Cost will be "more than zero if no products were made and would then increase in direct proportion to output."

This is because a semi-fixed cost also known as semi-variable cost or mixed cost is a combination of both a fixed factor and a variable factor.

Such that if production was zero some costs would still be incurred. However, as output rises, the variable part of the costs will rise in direct proportion to output.

Answer:

Westmoreland Company

1. The company's times interest earned ratio for 2018

d. Increased, which indicates the company's lenders will be pleased.

2. The TRUE statement regarding valuation amounts on the balance sheet is:

3. A variety of assumptions are used in determining amounts reported on the balance sheet.

Explanation:

a) Data and Calculations:

Westmoreland Company

Selected financial statements data.

                                                          2018           2017

Current liabilities                          $230,000   $160,000

Long-term debt                               120,000    320,000

Stockholders' equity                      420,000   540,000

                                                                  2018           2017

Cash payments for additions

to plant and equipment                         45,000    32,000

Net cash flow from operating activities 80,000     51,000

Interest and principal payments             12,000      8,000

Net operating cash flows before

  interest and taxes                               68,000    43,000

Net income                                            90,000    72,000

Interest expense                                     8,500      11,500

Income taxes                                         16,000     14,500

EBIT                                                    $114,500  $98,000

Dividends paid                                      15,000    30,000

Time interest earned (TIE) for 2018 =EBIT/ Interest Expense

= $114,500/$8,500

13.47x

TIE for 2017 = $98,000/$11,500

= 8.52x

Answer:

Comparing Medieval Japan, Korea, and Vietnam

Description 1 applies to Korea.

Description 2 applies to Vietnam.

Description 3 applies to Japan.

Explanation:

The Todaiji Temple is located in Japan.  This sets description 3 apart for Japan.  The southern kingdom refers to Vietnam located in the South-east Asia.  Vietnam is known to have been ruled by China for over a thousand years, and the Vietnamese language is written based on Chinese characters. This matches with description 2.  Korea, which is located in the Northeast Asia, matches description 1.  Moreover, the Korean language is a multisyllabic language, unlike the Chinese that is monosyllabic.

Answer:

Jackrabbit Rentals

Jackrabbit Rentals

Income Statement

For the ended December 31, 2021.

Service Revenue                            $148,200

Salaries Expenses           $73,400

Advertising Expenses       23,200

Interest Expense                 3,200

Supplies Expenses            10,500    110,300

Net income                                      $37,900

Explanation:

a) Data and Calculations:

Beginning Balances at January 1, 2021:

Accounts                       Debits    Credits

Cash                          $ 48,500

Accounts Receivable   32,700

Land                             117,800

Accounts Payable                       $16,000

Notes Payable (due in 2 years)   37,000

Common Stock                           107,000

Retained Earnings                       39,000

Totals                    $ 199,000 $ 199,000

Transaction Analysis:

1. January 12 Accounts Receivable $69,400 Service Revenue $69,400

2. February 25 Cash, $78,800 Service Revenue $78,000

3. March 19 Cash $46,400 Accounts receivable, $46,400

4. April 30 Cash $37,000 Common stock $37,000

5. June 16 Supplies $13,500 Accounts Payable $13,500

6. July 7 Accounts payable, $12,000 Cash $12,000

7. September 30 Salaries Expenses $71,200 Cash $71,200

8. November 22 Advertising Expenses $23,200 Cash $23,200

9. December 30 Dividends $3,600 Cash $3,600

Adjusting entries:

Interest Expense $3,200 Interest Payable $3,200

Salaries Expenses $2,200 Salaries Payable $2,200

Supplies Expenses $10,500  $10,500

Service Revenue      $148,200

Accounts receivable $69,400

Cash,                            78,800

Salaries Expenses

Cash                   $71,200

Salaries Payable   2,200   73,400

Advertising Expenses       23,200

Interest Expense                 3,200

Supplies Expenses            10,500

Answer and Explanation:

The preparation of the operating activities section is presented below;

Cash flows from operating activities

Net income  $200,980.00

Adjustments made

Depreciation expense  34,880.00  

Loss on sale of plant asset $4,630.00  

Increase in accounts receivable $(14,040.00)  

Increase in accounts payable $16,780.00  

Increase in prepaid expense $(4,390.00)  

Net cash from Operating Activities $238,840.00

Answer:

True

Explanation:

The above statement is true because the Dividend Discount model is based on the present value of the dividend payments that will be received over time.  The longer the dividends are received, the higher the intrinsic value of the price of the stock will be when discounted to the present value.  This model uses the discounted values or present values of dividends and the selling price to arrive at the stock's intrinsic value.

Answer:

$89.59

Explanation:

After tax dividend = Dividend * (1-Tax)

After tax dividend = $5.70 * (1-20%)

After tax dividend = $5.70 * 0.8

After tax dividend = $4.56

Ex-Dividend price = Share price - After tax dividend

Ex-Dividend price = $94.15 - $4.56

Ex-Dividend price = $89.59

Answer:

a. automatic stabilizers.

b. automatic stabilizers.

Discretionary spending

Discretionary spending

Explanation:

Automatic stabilizers are stabilizers that adjust the economy automatically without the intervention of external agents . examples include progressive tax and transfer payments

In an expansion, progressive tax increases the tax paid and this reduces disposable income

In a contraction, tax paid is reduced and this increases disposable income

Discretionary fiscal policies are deliberate steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.

Discretionary fiscal policies can either be expansionary or contractionary

Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.

Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes

Answer:

See the explanation below.

Explanation:

The following are some of the confidentiality concerns that may develop as a result of establishing a network connecting the databases of 16 hospitals:

1. The regulation mandates that individuals have the option of opting out of the facility directory or requesting that their health information not be utilized for any other purpose.

2. If a network is constructed, the restriction will be broken since frequent facility reporting would be easily accessible in other facilities, and preserving the information left will be difficult to manage if patients refuse to supply details.

3. Because data would be open and available to a bigger audience, the minimum criterion will be hard to sustain.

4. Establishing a network hospital will violate the 1974 Privacy Act, which places restrictions on the transmission of personal information to third parties.

5. Establishes use and disclosure criteria that set a baseline for keeping the amount of data used or disclosed to the "bare minimum" required to achieve the intended aim.

6. Patents tested, diagnosed, or treated for alcohol and drug misuse, sexually transmitted infections, or mental health disorders may be subject to additional privacy obligations.

7. Creating a network and sharing information with hospitals that do not have such treatment options entails disclosing highly personal information to those who are unaware of some of the most vulnerable patients.

8. Patients who are being treated for such an illness are afforded a high level of seclusion so that their social lives are not disrupted.

The identification about the confidentiality issues present with such a network of databases of sixteen hospitals is:

According to the given question, we are asked to show and identify the confidentiality issues which are present with such a network of databases of sixteen hospitals.

As a result of this, we can see that a hospital database would be useful so that the hospital workers can access medical records and other related information about patients and can be helpful in diagnosis, treatment, etc.

However, there are some issues which can arise as a result of confidentiality issues which has to do with statutory laws and regulation, etc.

Read more here:

https://brainly.com/question/19339002

Answer:

a. Cost of Equipment = $401300

Residual value = $25100

Useful life = 18 years

Depreciation expense = (Purchase cost - Residual value) / Useful life

Depreciation expense = ($401,300 - $25,100) / 18 years

Depreciation expense = $20,900

b. Book value of equipment on January 1 of year 4 = Purchase cost -(Depreciation expense * 3 years)

= $401300 - ($20900*3 years)

= $401300 - $62700

= $338,600

c. Accumulated Depreciation = Depreciation expense * 3 years

Accumulated Depreciation = $20,900*3

Accumulated Depreciation = $62,700

Gain/ loss on sale = Cash received for sale of asset - Book value of asset at jan 1 of year 4

Loss on sale = $315000 - $338600

Loss on sale = $23600

Journal Entry

Cash $315000 Dr

Accumulated depreciation-equipment $62700 Dr

Loss on sale of equipment $23600 Dr

Equipment $401300 Cr

Answer:

The opportunity cost of pearls for A is 2.5 pineapples and the opportunity cost of pearls for A is 0.27.

Explanation:

If Alpha produced 6 pearls and 15 pineapples, while B produced 30 pearls and 8 pineapples before the trade, we can calculate the opportunity cost for each island. For island Alpha, their opportunity cost will be:

6 pearls = 15 pineapples

1 pearl = 15/6 pineapples

1 pearl = 2.5 pineapples

Therefore, the opportunity cost of pearls for A is 2.5 pineapples

For island Beta, their opportunity cost will be:

30 pearls = 8 pineapples

1 pearl = 8/30 pineapples

1 pearl = 0.27 pineapples

Therefore, the opportunity cost of pearls for A is 0.27 pineapples

b)

It appears that A will increase production of pineapples from 15 pineapples to 25 pineapples, and due to their opportunity cost, will decrease pearl production from 6 pearls to 2 pearls

It appears that B will increase the production of pearls from 30 pearls to 40 pearls, and due to their opportunity cost, will decrease pineapple production from 8 pineapples to 4 pineapples.

Answer:

a. true

b. false

c. true

d. false

e. true

f. false

g. true

h. true

Explanation:

a. we solve for depreciation

$50,460,000/15

= $3364000

this is true

b. retained earnings have no roles to play in this option. false

c. The long term debt has been sen to chaange by

50460000-16741282

= $33718718

true

d. This is false retained earnings have no role to play here.

e. This is true because this is the amount that was used to purchase the plant

f. false since retained earning has nothing to do here.

g. this is true also. the face value of the bond is $33,718,718.

h. this is true. since palnt and equipment is $5046000

Answer: US government bonds usually have the lowest yields in the bond markets.

Explanation:

Based on the understanding of bond ratings and bond-rating criteria, it should be noted that the US government bonds usually have the lowest yields in the bond markets.

The statement that "BBB bonds usually have the lowest yields in the bond markets" is incorrect.

Answer:

energy

Explanation:

An entrepreneur refers to an individual who sees a need or discovers a problem in a society and innovatively proffers a solution using brilliant ideas or entrepreneurial thinking.

The following are five (5) characteristics of an entrepreneur;

1. Innovative: it can be defined as a quality possessed by an individual or group of people such as an entrepreneur and typically involves the process of improving on an existing product or ideas.

2. Passionate: believing in a course and one's ability to achieve much more at a business.

3. Risk-Taker: he or she is confident enough to venture into risky businesses with the hope of an expected success.

4. Self-confident: he or she is bold and believes in his or her abilities to excel.

5. Well-rounded leader: it involves being compassionate, fun, organized and intelligent as a successful entrepreneur.

Energy can be defined as the ability (capacity) to do work.

Hence, energy is one of the traits of a successful entrepreneur and it is important for multi-tasking i.e performing multiple tasks at the same time.

In a society, the role of an entrepreneur is mainly focused on bringing the four (4) factors of production together and to take the risks of producing output, so as to generate revenue through sales and make economic profits in the long-run.

Answer:

d. $240.00

Explanation:

Calculation to determine what should the 2005 price be if Thor is to make the same $200,000 profit before income taxes?

2004 CM% = 12.5% ($15/$120)

2005 CM = $2,400,000 ($1,000,000 + $200,000)

2005 CM per unit = $2,400,000/80,000 units

2005 CM per unit= $30 CM per unit;

2005 selling price per unit = $30/.125

2005 selling price per unit= $240

Therefore what should the 2005 price be if Thor is to make the same $200,000 profit before income taxes is $240

Answer:

Debit Depreciation expense for $263,667

Credit Accumulated depreciation for $263,667

Explanation:

Note: There are some inconsistencies in the dates used in the question. These are therefore corrected before answering the question by presenting the complete question with the correct dates as follows:

For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acquired at the beginning of 2018 for $2,816,000. Its useful life was estimated to be six years with a $224,000 residual value. At the beginning of 2021, Clinton decided to change to the straight-line method. The effect of this change on depreciation for each year is as follows:

Year       Straight-Line         Declining Balance     Difference

2018             $400                         $853                     $453

2019               400                           569                        169

2020              400                           379                        (21)  

                  $1,200                        $1,801                     $601

Required:

Prepare any 2021 journal entry related to the change.

The explanation of the answer is now given as follows:

Before preparing the related journal entry, the annual straight-line depreciation for remaining 3 years is first calculated:

Details                                                                      Amount ($)

Asset’s cost at the beginning (given)                    2,816,000

Accumulated depreciation to date                       (1,801,000)    

Undepreciated cost                                                 1,015,000

Estimated residual value                                        (224,000)

To be depreciated over remaining 3 years             791,000  

Annual straight-line depreciation for remaining 3 years = $791,000/ 3 = $263,667

The 2021 journal entry related to the change will look as follows:

Account title                                          Debit ($)         Credit ($)    

Depreciation expense                           263,667

 To Accumulated depreciation                                    263,667

(To record 2021 depreciation expense.)                                        

Answer:

Ví dụ như Samsung, xuất phát điểm là một công ty bán mỳ gạo, vì thế, tên của công ty lúc đầu là Tam tinh nghĩa là ba ngôi sao. Logo của họ l