The cost of goods sold and ending inventory cannot be determined with the information given. Therefore, the answer is A. Cannot be determined with the information given.
The LIFO (Last-In, First-Out) cost flow assumption means that the most recent inventory purchases are assumed to be sold first, which results in the cost of goods sold being based on the cost of the most recent inventory purchases. However, we do not have any information about the cost of the inventory purchases or the quantity of inventory sold during the period, so we cannot determine the cost of goods sold or the ending inventory under LIFO.
Therefore, The cost of goods sold and ending inventory under LIFO cannot be determined with the information given. Hence, option A. is correct .
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When Treasury bills are auctioned off, if buyers are willing to pay $900 for a $1,000 treasury bill, the government is being asked to pay what percent in interest, if the bills mature after a period of one year?
The government is paying 10% in interest.
What interest on Treasury bills?
The interest on Treasury bills compares the interest earned by the investor to the face value of the T-bill, in other words, it is determined as the interest(i.e. face value-purchase price) divided by the face value.
From an investor's perspective, I mean the person buy purchasing the T-bill, his rate of return is the interest divided by the amount invested, which is the purchase price.
Interest=face value-purchase price
face value=$1,000
purchase price=$900
interest=$1000-$900
interest=$100
government's interest rate=interest/face value
government's interest rate=$100/$1000
government's interest rate=10%
In other words, the government by a way of issuing the bills is paying interest of 10% to the lenders
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Neoclassical economists have a tendency to put more emphasis on long-term growth than on fighting recession. why is this the case?
Neoclassical economists have a tendency to put more emphasis on long-term growth than on fighting recession because they believe that recessions will fade away in few years and long term growth will ultimately determine living standard.
What is recession?It should be noted that recession, in economics is a downward trend in the business cycle that is characterized by a decline in production and employment, which in turn causes the incomes and spending of households to decline.
In this case, recessions result in higher unemployment, lower wages and incomes, and lost opportunities more generally. Furthermore, education, private capital investments, and economic opportunity are all likely to suffer in the current downturn, and the effects will be long-lived.
In this case, it should be noted that Neoclassical economists have a tendency to put more emphasis on long-term growth than on fighting recession because they believe that recessions will fade away in few years and long term growth will ultimately determine living standard.
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Under a team-based new product development approach, company departments work closely together in cross-functional teams. Overlapping the steps in the product development process saves time and increases effectiveness.
Under a team-based new product development approach, company departments work closely together in cross-functional groups, overlapping the steps in the product development process to save time and increase effectiveness.
What is team-based new product development?Team-based new-product development is a method for creating new products in which departments from the same organization collaborate closely in cross-functional teams, spanning the stages of the product development process to reduce time and boost efficiency.
The steps in the product development process are overlapped to reduce time and boost performance when using a team-based new product development method between company departments. Because departments collaborate closely in cross-functional teams, the team-based approach to new product development speeds up the process and boosts effectiveness.
In order to overlap the processes in the product development process and reduce time spent on each step while increasing effectiveness, team-based new product development comprises several company departments working closely together. Developing a new product from scratch is known as new product development (NPD). Despite industry-specific variations, it can be roughly divided into seven stages: ideation, research, planning, prototype, sourcing, costing, and commercialization.Lear more about Team-based and new product here:
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Morningstar Investment Reports track thousands of ___ and issues reports on safety, financial performance, and other important information that investors can use.
The firm MorningStar investment reports track thousands of Mutual funds, issue on monthly reports and issues reports on safety, financial performance, and other important information that investors can use.
What is MorningStar investment?It is a financial institution that deals in offering of financial services to the clients.
Hence, the firm reports track thousands of Mutual funds and issue monthly reports, issue on monthly reports and issues reports on safety, financial performance, and other important information that investors can use.
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Financial statement users need to be aware of changes in inventory levels when using costing. (Enter only one word per blank.)
The users of financial statements need to understand the change in the inventory level, this can be calculated by the users by comparing the current and last year's financial statement.
What is Inventory?Inventory is the current asset held by the company which is sold to customers to earn profits. This inventory is also called Stock, the inventory is presented in the financial statements under the current assets head.
The inventory breakup is also given in the notes to the financial statements and users are able to view and analyze that also.
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A financial model that measures the current value of all cash inflows and outflows of a project using management's minimum desired rate of return is known as the _________ model.
When a company uses a financial model that looks at the current value of cash inflows and outflows using a desired rate of return, this is the Net Present Value.
What is the Net Present Value?This is a method of checking the profitability of a project by checking just how much a project brings in over its costs.
The cash inflows and outflows are therefore compared at their present value which involves discounting at a minimum desired rate of return.
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In what way does the strategic alliance between gm and lyft allow gm to hedge against uncertainty?.
The strategic alliance between GM and Lyft allows GM to hedge against uncertainty by giving GM access to the market of the future, increasing its market innovation.
Through this strategic alliance, GM demonstrates innovation in its processes by investing in a car rental market, as there is an expectation that in the future there will be a drastic reduction in private cars.
What is a strategic alliance?Corresponds to an agreement between two or more companies, where there is an independent partnership for sharing organizational resources, such as technology, market and knowledge.
Therefore, through the partnership with Lyft, GM is already entering an innovative and expanding market, developing its positioning strategy for the future.
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Edie's Health Supply has 125,000 shares of stock outstanding with a par value of $1 per share and a market value of $5 a share. The company has retained earnings of $76,500 and capital in excess of par of $340,000. The company just announced a 1-for-5 reverse stock split. What will be the par value per share after the split
The Par value per share after the split will be 2,500 shares.
What is a Share?Shares are fractional ownership interests in a corporation. For some businesses, shares are a type of financial instrument that allows for the equitable distribution of any declared residual profits in the form of dividends. A stock with no dividend payments does not distribute its income to its shareholders. Instead, they look forward to further stock price growth as business profits rise. Shares are an organization's equity capital, and there are two primary kinds of shares: common shares and preferred shares. As a result, the terms "shares" and "stock" are frequently used synonymously. Owners of a corporation have the option of issuing preferred shares or common stock to investors.A single common share's par value is determined by the charter of a corporation. It usually has nothing to do with the shares' actual worth. Actually, it's frequently lower. The par value is stated on each stock certificate that is issued for shares that are bought.
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A charge nurse is delegating a task. The nurse understands which of the following represents effective delegation? Select all that apply.
a. Delineating the desired outcomes of the delegation. Correct
Effective delegation means planning ahead when identifying tasks to be accomplished. Assess the situation, and clearly delineate the desired outcomes.
b. Asking the nurse if they are capable of completing the delegated task.
c. Monitoring how the delegated task is being accomplished. Correct
Monitoring how the task is being accomplished is considered effective delegating.
d. Referring to the ANA Code of Ethics for effective delegation practices. Incorrect
It is essential that all nurses are aware of their state's nurse practice acts essential elements regarding delegation. Referring to the ANA Code of Ethics is not appropriate for effective delegation.
e. Delegating a task that should be assigned to a manager.
The nurse represents that effective delegation include:
Delineating the desired outcomes of the delegation.Asking the nurse if they are capable of completing the delegated task.Monitoring how the delegated task is being accomplished. How to illustrate the information?Effective delegation means planning ahead when identifying tasks to be accomplished. Assess the situation, and clearly delineate the desired outcomes.
Monitoring how the task is being accomplished is considered effective delegating.
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XTen Enterprises has been holding system-wide group sessions lasting a few days during which participants identify trends and establish ways to adapt to those changes. X Ten is using ______.
X Ten is using future search conferences.
What are future search conferences?A Future Search conference allows a community or organization to present its vision for the future. It involves a huge number of players in a highly structured procedure.Participants begin by focusing on the past, creating a chronology of major events in the world, their own lives, and the history of the future search topic. Then, using mind mapping, they visualize everything that is relevant in the present, looking for trends and patterns.A future search conference assists a group of people in developing a series of future possibilities and agreeing on a plan of action, which is important since participants include those with the authority to make it happen.As X Ten Enterprises has been holding system-wide group sessions lasting a few days during which participants identify trends and establish ways to adapt to those changes.
Therefore, X Ten is using future search conferences.
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Identifying competitive advantages can be difficult, which explains why they are typically Multiple Choice transactions. temporary. satisfactory. trials.
Answer: temporary
Explanation:
An oligopoly exists when there is a lot of variety in the number of sellers and producers of media content, but not much variety in what they actually produce.
An oligopoly does not exist when there is a lot of variety in the number of sellers and producers of media content.
What is an oligopoly-
An Oligopoly is a type of market in which :
Few numbers of buyers and sellers.High capital cost to entry in the market.Similar but slightly different products. (eg. Cold drink companies)Entry may be restricted to a few firmsthere can be informal cartels within the existing firms which do not allow others to come in.The action of one firm has an effect on the whole market, this will leads to a prisoner's dilemma.An example of an oligopoly market is - the Organisation of petroleum exporting countries(OPEC).
Disclaimer- The Question is incomplete the question may be "An oligopoly exists when there is a lot of variety in the number of sellers and producers of media content, but not much variety in what they actually produce. Is this statement true or false?"
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How is a contingent liability reported if it is considered ""reasonably possible?""
This is because a loss would be recorded (debit) and liability established (credit) in advance of the settlement.
Responsibility is the responsibility of the individual or company and is usually the amount. Debts are settled over time by the transfer of economic interests, including money, goods, or services. The liabilities shown on the right side of the balance sheet include loans, liabilities, mortgages, income receivable, borrowings, guarantees, and accrued expenses.
Liability can be compared to assets. Debt is what you owe or owe. An asset is something you own or owe.
Main findings
Responsibility (generally) is something that owes someone else.
Liability may also mean legal or regulatory risk or obligation. In
accounting, companies compare liabilities to assets.
Current liabilities are short-term financial liabilities of companies that are due within a year or within the normal business cycle (such as accounts payable).
Long-term (long-term) liabilities are liabilities that are recorded on the balance sheet and are due within one year.
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barga company's net sales for year 1 and year 2 are $730,000 and $1,095,000, respectively. its year-end balances of accounts receivable follow: year 1, $65,000; and year 2, $123,000. a. complete the below table to calculate the days' sales uncollected at the end of each year.
Year 1 = 35.23 days
Year 2 = 44.64 days
What are net sales?Net sales are calculated by deducting appropriate sales returns, allowances, and discounts from gross revenue. Net sales costs have an impact on a company's gross profit and gross profit margin, but net sales exclude the cost of goods sold, which is typically a key driver of gross profit margins.Net sales are operating revenues obtained by a corporation for selling its products or performing its services in bookkeeping, accounting, and financial accounting. They are recorded directly on the income statement as Sales or Net sales and are also known as revenue.So, Days' Sales Uncollected = Accounts receivable / Net Sales * Days
Year 1 = $64,000 / $663,000 * 365 days = 35.23 days
Year 2 = $91,000 / $744,000 * 365 days = 44.64 days
Therefore,
Year 1 = 35.23 days
Year 2 = 44.64 days
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The question you are looking for is here:
Barga Co.'s net sales for Year 1 and Year 2 are $663,000 and $744,000, respectively. Its year-end balances of accounts receivable follow Year 1, $64,000; and Year 2, $91,000. Complete the below table to calculate the days' sales uncollected at the end of each year.
Days' Sales Uncollected
Choose Denominator: / Choose Numerator: * Days = Days' Sales Uncollected
Year 1: days
Year 2: days
When must the scope of appointment be obtained for an in-person or telephonic sales presentation?.
If meeting was set up as an in person meeting then it would have to be obtained.
What is an in person meeting?This is the term that is used to refer to a meeting that is set up by people themselves.
This type of meeting would have the people present in body instead of having a representative.
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True or false: a price ceiling above $25 per box is not a binding price ceiling in this market.
In this market, a price ceiling above $25 per box is not legally binding. The assertion is accurate.
What is price ceiling?A price ceiling is a cap on the highest price that can be charged for a good, commodity, or service that is established by the government or another party. Governments implement price caps allegedly to safeguard consumers from situations when commodities might become unaffordable.
A price ceiling occurs when the amount charged exceeds or falls short of the equilibrium price set by supply and demand in the market. Higher price ceilings have been proved to be counterproductive. In the housing rental market, it has been discovered that price ceilings are very significant.
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The federal law that establishes the right to collective bargaining and limits the interference of management in the right of employees to have a collective bargaining agent is the:
The federal law that establishes the right to collective bargaining and limits the interference of management in the right of employees to have a collective bargaining agent is the National Labor Relations Act of 1935.
What is the National Labor Relations Act?The National Labor Relations Act of 1935 is a key piece of American labor legislation that protects employees working in the private sector's ability to form unions, participate in collective bargaining, and conduct collective action like strikes. An important part of the law prohibited corporate unions.
By giving workers in private-sector companies the fundamental right to demand better working conditions and choice of representation without fear of punishment, the NLRA safeguards workplace democracy.
Employees have the right under the National Labor Relations Act (NLRA) to establish or join unions, take part in protected, organized actions to address or improve working conditions, or refrain from taking part in these activities.
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A customer asks you a question, but you do not know the answer. You feel that they expect you to know the answer. What would you be most likely to do?
When you don't know a certain answer to a customer question be honest and tell them that you don't know the answer to this question however you will ask from your colleague about this question and will revert back to the customer.
What is a customer?A customer is a person who is a buyer or a potential buyer of your products and or services.
The customer should be communicated of the estimated time that will be taken to revert back with the correct answer to the question. It is highly recommended that no guesses are made when you don't know a certain answer.
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The Tires division of Car Company makes tires for use in its Assembly division. The Tires division incurs variable costs of $267 per set of tires and has the capacity to make 1,170,000 sets of tires per year. The market price for tires is $485 per set. The Tires division incurs total fixed costs of $6,170,000 per year. If the Tires division is operating at full capacity, what transfer price should be used on the transfers between the Tires and Assembly divisions
If the Tires division is operating at full capacity, the transfer price that should be used on the transfers between the Tires and Assembly divisions is $485 per set.
What is the acceptable transfer price for this case?The acceptable transfer price for this case is $485 which represents the variable cost plus opportunity cost.
The above conclusion is based on the transfer price fundamental principle that it should be equal to the price charged to outside customers or purchased from outside vendors.
Thus, the transfer price should be $485 per set.
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A certain percentage rise in the money supply will inevitably lead to a predictable effect on nominal GDP __________.
A certain percentage rise in the money supply will inevitably lead to a predictable effect on nominal GDP if the velocity of money is constant or in a predictable manner.
There is a direct correlation between the velocity of money and the growth in nominal GDP, whether if this growth occurs through inflation, real GDP growth, or a combination of the two, as long as the velocity of money remains consistent throughout time. There will be a predictable influence on nominal GDP when velocity fluctuates over time but in a steady and predictable manner. Changes in the money supply's impact on nominal GDP becomes uncertain if velocity fluctuates in an unpredictably random manner over time.
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If a contruction company in dallas builds a bridge in houston, the project would be classified as:________
If a construction company in Dallas builds a bridge in Houston, the project would be classified as Domestic.
This is further explained below.
What is a Domestic Project?Generally, Domestic projects include the building of a bridge between Dallas and Houston by a Dallas-based construction firm.
In conclusion, Any project that is situated inside the 48 states that make up the continental United States of America, as well as within the District of Columbia, is referred to as a domestic project.
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Complete Question
If a construction company in Dallas builds a bridge in Houston, the project would be classified as
A. Global.
B. Overseas.
C. Local.
D. Domestic.
How does the use of new technology in industry benefit producers more so than consumers?
The use of new technology in industry has benefited producers more so than consumers as, "Producers can transport goods around the world."
With faster decision-making and quick responses, the new technology enables producers to become more competitive in the market. The technology is helping to increase the efficiency of systems, products and services.
With the help of technology, the products which are produced are being marketed and then they are being transported around the world. This way it enables the business to grow rapidly and increases the profits.
Through the use of technology, businesses can research the market. This is extremely useful as it provides businesses with in-depth knowledge about market conditions.
Hence, the use of new technology in industry has benefited producers more so than consumers.
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After some preliminary research in 2000, unilever’s dove soap brand initiated its campaign for real beauty campaign. This tactic relates to women’s.
After some preliminary research in 2000, Unilever's dove soap brand initiated its campaign for a real beauty campaign. This tactic relates to women’s self-concept.
For what is Unilever well-known?A multinational manufacturer of consumer goods, Unilever sells items for food and beverages, personal care, and home maintenance. The industry that makes the most money is personal care and cosmetics, although the food and beverage industry is now expanding the fastest.
How Does Unilever Earn Money?
A consumer goods holding company with its headquarters in the UK is called Unilever PLC (UL). The business produces and sells a variety of food and beverage items, home care goods, personal care, and beauty items through its subsidiaries. More than 190 countries are home to Unilever's 400+ brands. Well-known brands including Dove, Vaseline, Lipton, Hellmann's, Ben & Jerry's, Seventh Generation, and Sunlight are among them.
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At the end of the previous year, a customer owed Days Company $400. On February 1 of the current year, the customer paid $600 total, which included the $400 owed plus $200 owed through February 1st. The journal entry on February 1 is
The journal entry on February 1 for Days Company is as follows:
Journal Entry:February 1:
Debit Cash $600
Credit Accounts Receivable $600
To record the receipt of payment on account.Transaction Analysis:February 1: Cash $600 Accounts Receivable $600
Thus, the journal entry on February 1 will increase Cash by $600 and reduce Accounts Receivable by $600.
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In july 2009, hungary successfully issued 1 billion euros in bonds. the transaction was managed by citigroup. who is the issuer of the bonds?
The Hungarian government is the issuer of the bonds. A bond is a fixed-income instrument that represents an investor's loan to a borrower (typically corporate or governmental). Bondholders are the issuer's debtholders or creditors.
A bond can be thought of as an I.O.U. between the issuer and the borrower that includes the loan details and payments. Companies, municipalities, states, and sovereign governments use bonds to finance projects and operations. Bond details typically include the end date when the loan's principal is due to be paid to the bond owner and the terms for variable or fixed interest payments made by the borrower.
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how is planning done and why is it important
Answer:
Planning helps us decide how best to use our resources (people, time, money, information, equipment) so that they make the most significant contribution to achieving our goal. Planning lays the basis for us to assess and evaluate our achievements effectively.
Explanation:
Hope it helps!!!
A business is thinking about investing in a new piece of equipment. The expected of return helps the business make the decision about whether or not to invest.
Answer:
Your explanation is very very reasonable but I’m still not understanding what’s the question.
Explanation:
Municipal bonds are taxable for federal, state and local taxes. Group startsTrue or FalseTrue, unselectedFalse, unselected
The Key Benefit of Municipal Bonds: Tax-Free Interest. Municipal Bonds are not liable to Tax.
Hence the correct answer is False.
On the plus side, highly rated municipal bonds are generally a very safe investment compared to most other assets. The failure rate is small. Like any bond, there is interest rate risk. If your money has been tied up for his 10 or 20 years and interest rates are rising, you're stuck underperforming.
Municipal bonds (munis) are bonds issued by government agencies. When you buy a municipal bond, you are lending money to the issuer for a certain period of time and paying a certain number of interest payments.
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Bill filed his 2021 tax return on March 15th, 2022. The statute of limitations for IRS assessment on Bill's 2021 tax return should end:
Bill filed his 2021 tax return on March 15th, 2022. The statute of limitations for IRS assessment on Bill's 2021 tax return should end on April 15th, 2025
A tax return is a document filed with tax authorities that shows income, expenses, and other relevant financial information. Taxpayers calculate their tax liability, plan to pay their taxes, and request a refund of overpaid taxes when they file their taxes.
Taxpayers will get refunds at the end of the year if they withhold too much. If you are self-employed, you can get a tax refund if you exceed your estimated tax. You might think of this extra income as free money, but it's actually loaned to the IRS without charging interest. D.
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The time it takes to spend cash to provide goods and services to a customer until collection of cash from that customer is referred to as the company's:_____.
The time it takes to spend cash to provide goods and services to a customer until the collection of cash from that customer is referred to as the company's Operating Cycle.
The operating cycle is the average time it takes a business to make its first cash outlay to produce goods, sell goods, and receive cash from customers in exchange for goods.
For example, if your company has a short operating cycle, that means you receive constant payments. The faster a company can generate money, the faster it can pay off outstanding debts or expand its business accordingly. The flow of the cache operating cycle is as follows. Obtain raw materials.
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