By the end of the year, Kleinfeld Landscaping has completed 5/8th (or 62.5%) of the work. To recognize the portion of the work
Adjusting entry for supplies:
Dec 31st: Debit Supplies Expense $1690, Credit Supplies $1690
Explanation: The adjustment is made to reflect the decrease in supplies during the year. The supplies account started with $4240 and only $2550 worth of supplies remained by the end of the year. Therefore, an adjusting entry is made to recognize the decrease in supplies expense of $1690 ($4240 - $2550).
2a. Adjusting entry for Jackson Cleaners:
Dec 31st: Debit Accrued Revenue $400, Credit Service Revenue $400
Explanation: Jackson Cleaners performed $400 of work in December but will not bill Troy School Company until the next year. Therefore, an adjusting entry is made to recognize the revenue earned in December through an increase in accrued revenue.
2b. Adjusting entry for Troy School Company:
No adjusting entry is required for Troy School Company at this time since they have not yet been billed for the services provided by Jackson Cleaners. The adjusting entry will be made when the invoice is issued in the following year.
Adjusting entry for Kleinfeld Landscaping:
Jan 1st: Debit Cash $400,000, Credit Unearned Revenue $400,000
Explanation: Kleinfeld Landscaping received $400,000 on January 1st for work they have yet to perform. The entry records the receipt of cash and the creation of unearned revenue, as the services have not yet been provided.
Adjusting entry for Kleinfeld Landscaping (work completed):
Dec 31st: Debit Unearned Revenue $250,000, Credit Revenue $250,000
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The marginal product of the 14th worker is 8 and the firm sells its output for $4 per unit. if labor is the only variable cost, then the value of the 14th worker's marginal product is:_____.
The marginal product of the 14th worker is 8 and the firm sells its output for $4 per unit. if labor is the only variable cost, then the value of the 14th worker's marginal product equals the wage.
The marginal product's value is equal to the wage, and it produces until the price reaches the marginal cost. A business that prioritizes profits decides how much labor it will use so that the wage and the value of the marginal product are equal. The marginal product of labor, also known as MPL, is the increase in total production that a company experiences when one additional unit of labor (often one additional employee) is added while all other factors of production stay constant. The difference in output or product caused by raising a variable input by one unit is known as the marginal product. You may figure it out by dividing the variation in production by the variation in labor employed.
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Mandy wants to mention detailed information about her hobbies, personal qualities, strengths, and professional achievements in a document she can show her prospective employer. Which job search document can Mandy use to input all these details? A. résumé B. cover letter C. application D. career portfolio
Answer:
Career portfolio I think
Explanation:
Tell me if I am wrong please.
Which of the following is a service fee? an amount of money a bank charges?
O an amount of money a bank charges for the use of an account.
O an amount of money charged as interest on a credit card balance.
O a fee charged when there is not enough money in a checking account to cover a check.
O the minimum balance a bank requires to be deposited to opening a checking account.
^I am thinking D, but I am not certain. Could someone check please? Thanks!
Answer:an amount of money a bank charges for the use of an account.
Explanation:
When someone charges you money for them to do something it is called a service fee
find the sum of 2x kg and 5x g. Give the answer in grammes.
Answer: 3,600 g
Explanation:
Quarterly taxes are filed:
(1 point)
O every four months.
O by May 15 each year.
O four times a year.
Oon the 25th of each month.
Quarterly taxes are filed: four times a year. Option C
What is meant by quarterly taxes?Four times a year, the IRS receives estimated tax payments known as quarterly taxes. Based on the filer's stated income for the quarter, estimated tax is a quarterly payment of taxes for the entire year.
Independent contractors, small business owners, and freelancers are typically individuals who must pay taxes quarterly. Unlike ordinary employees, they do not have taxes deducted from their salaries on a regular basis.
Any taxable income that is not subject to withholding can have its taxes estimated.
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All types of work are covered by a minimum wage?
what’s the discount factor if you are going to receive $500 ten years from now with an 8 nnual interest? review later 231.60 462.96 0.93 0.4632
The discount factor for receiving $500 ten years from now with an 8% annual interest rate is 0.4632. This means that the present value of the $500 payment is: Present Value = $500 x 0.4632
Present Value = $231.60
To calculate the discount factor, we need to use the formula:
Discount Factor = 1 / (1 + r)^n
Where r is the annual interest rate and n is the number of years.
In this case, r is 8% and n is 10 years. Plugging these values into the formula, we get:
Discount Factor = 1 / (1 + 0.08)^10
Discount Factor = 0.4632
So, if you were to receive $500 ten years from now with an 8% annual interest rate, its present value would be $231.60. If you want to review this later, remember that the discount factor is 0.4632 and the present value is $231.60.
Hi! To calculate the discount factor for receiving $500 ten years from now with an 8% annual interest, you need to use the present value formula. The formula is:
Discount Factor = 1 / (1 + interest rate)^number of years
Plugging in the given values, we get:
Discount Factor = 1 / (1 + 0.08)^10
Discount Factor ≈ 0.4632
So, the discount factor for this scenario is approximately 0.4632.
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What is a third party check? (bank type of check)
After analyzing your menu, you find that food sales are $1,200 and beverage sales are $800. Your average gross margin for food and beverage is 67%. Which is more profitable, food or beverage
Answer:
Food is more profitable
Explanation:
The formula for calculating the gross margin ratio is as below.
Gross margin ratio= gross profit/ net sales.
Therefore, gross profit= net sales x gross profit ratio
in this case:
The gross profit ratio is 67%
gross profits from food sales
=1200 x (67/100)
=$804
Gross profit from beverages
=$800 x ( 67 /100)
=$536
Gross profit from food sales is higher than that of beverages
Food is more profitable
Answer:
C. Cant tell from the data
Explanation:
Select the examples that best demonstrate likely tasks for Business Financial Management and Accounting workers.
Check all that apply
Horace documents information about a company's spending on a computer
Sun creates a budget to show how money will be used
Noel creates goals and policies for a company and presents them at a meeting
Jermaine researches a company's potential customers and ways to sell to them.
Selina helps employees and management to negotiate and come to agreement.
Aubrey checks documents and reports to make sure they are accurate and complete
Answer:
A.) Horace documents information about a company’s spending on a computer.
B.) Sun creates a budget to show how money will be used.
F.) Aubrey checks documents and reports to make sure they are accurate and complete.
Explanation:
I did the assignment
Answer:
A.) Horace documents information about a company’s spending on a computer.
B.) Sun creates a budget to show how money will be used.
F.) Aubrey checks documents and reports to make sure they are accurate and complete.
Explanation:
took it on edge 2020 and got it right
POSSIBLE POINTS: 5
Use the sample stock quote below to identify the following figures.
Market Summary> Under Armour Inc Class A
NYSE: UAA
+ Follow
9.77 USD +0.080 (0.83%) +
DT
1 day
5 days
1 month
6 months
YTD
1 year
5 years
Max
10.0
9.77 USD 11:17 AM
9.9
98
9.7..
9.6
- Previous
close
959
10:00 AM
12:00 PM
1:00 PM
2:00 PM
SO0 PM
400 PM
Open
High
Low
Mit cap
P/Eroti
Div yield
Prev close
9.91
9.95
9.70
4.198
48.19
52-wk High
52-wk low
22.72
735
Current Price indicates how much one share of stock
costs right now)
Price Change Today (shows if the stock is up or down in
value since the market opened)
Year High Low (shows the highest the price of this stock
has been and the lowest it has been in the past year)
:
Market Cap (shows how much the company is worth in
total. Used to help shareholders understand their
percentage of shares)
Price to Earnings Ratio (shows how much one should
expect to invest in order to experience profits. A high
ratio indicates more money required to see substantial
returns)
Answer:
ok, so it can be all of them but the answer is aaaa
Explanation:
______ is the ability to change and be flexible as problems arise and priorities shift.
Answer:
Adaptability is the answer
Which examples would be transactions that take place in the product market of the
circular flow of business?
Select 3 correct answer(s)
Justin eats at a local restaurant and provides a tip to the waiter.
Susan hires a new stylist at her salon.
Ronald gets his eyes checked at the optometrist.
Bob buys a shirt from a department store in the mall.
Jennie purchases a new delivery truck for her flower shop.
Bob purchases a shirt from the a departmental store in the mall, Bob dines at a neighborhood restaurant, Justin tips the waitress, Jennie purchases a fresh delivery van for her flower company. this is accurate in transaction.
What do accounting purchases mean?Definition. All items and services acquired for resale or use throughout the manufacturing process are included in the cost of goods and services purchased, except capital goods whose consumption is recorded as use of fixed capital.
What is a buy example?10,000 pairs of shoes are ordered by Shoes Unlimited from a foreign vendor. The issue of a purchase agreement is required for this.
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Answer:
- Bob buys a shirt from a department store in the mall
- Ronald gets his eyes checked at the optometrist
- Justin eats at a local restaurant and provides a tip to the waiter
Explanation:
Susan's option takes place in the resource market.
Jennie's option is a capital purchase in the resource market.
when advanced manufacturing systems are installed, what effect does such installation usually have on fixed costs and the break-even point?
The installation of advanced manufacturing systems usually has a positive effect on fixed costs and the break-even point. Fixed costs refer to expenses that do not fluctuate with production or sales volume. As advanced manufacturing systems are often more efficient and require less labour, they can reduce fixed costs such as labour costs and overhead expenses. This can lower the break-even point, which is the sales volume at which total revenue equals total costs.
A reduction in fixed costs can also lower the break-even point, since it will take fewer sales to offset fixed costs and begin making a profit. Advanced manufacturing systems are also capable of producing products with fewer defects, resulting in fewer wasted resources and costs. This could further reduce the break-even point, resulting in a higher profit margin.
In summary, the installation of advanced manufacturing systems typically leads to a reduction in fixed costs and a lower break-even point. This, in turn, increases the profit margin and can lead to increased sales and revenue for the business.
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The revenue generated from a tax equals the:
a) amount of the good sold times the original price of the good.
b) amount of the tax times the quantity sold after the tax is imposed.
c) total social welfare lost as a result of the tax.
d) deadweight loss from the tax.
e) total consumer and producer surplus before the tax.
Why do shortages develop under a binding price ceiling?
a) It encourages sellers to produce more of the product.
b) It encourages buyers to purchase less of the product.
c) It makes the price so low that the quantity demanded exceeds the quantity supplied in the legal market.
d) It makes the price so low that the quantity demanded exceeds the quantity supplied on the black market.
e) It encourages sellers to increase the quality of the product they sell, which, in turn, increases the quantity demanded.
Why does a surplus exist under a binding price floor?
a) It encourages sellers to produce less of the product.
b) It encourages buyers to purchase more of the product.
c) It makes the price so high that the quantity supplied exceeds the quantity demanded in the legal market.
d) It makes the price so low that the quantity demanded exceeds the quantity supplied on the legal market.
e) It discourages sellers from increasing the quality of the product they sell, which, in turn, increases the quantity demanded.
The revenue generated from a tax equals the amount of the good sold times the original price of the good. So, the correct option is a.
What is tax?
A tax is a legitimate financial burden that a country's government imposes on its citizens' income. It will assist the government in raising money to accomplish various social goals and settle debts.
Tax revenue is the money received as a result of the tax. The revenue of the government is what they can use to grow and improve an economy. Mathematically, it is calculated by multiplying the product's price by the number of units it has sold in the marketplace. That is
Total revenue is equal to the product's original cost multiplied by the quantity sold.
The overall surplus includes tax revenue. The producer surplus that existed before to the tax will now make up a portion of the tax collection.
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other things equal, a decrease in the real interest rate will: group of answer choices shift the investment demand curve to the left. move the economy downward along its existing investment demand curve. shift the investment demand curve to the right. move the economy upward along its existing investment demand curve.
The correct answer is B) move the economy downward along its existing investment demand curve. In other words, as the real interest rate decreases, the substitution impact, which increases consumption, is greater than the income effect, which lowers interest income.
What will happen as the actual interest rate drops?
In all other respects, a decline in the real interest rate will lead to more investment and a rightward shift in the AD curve. The AD curve will move to the left by a multiple of the change in investment if investment declines.
The IS curve slopes downward. The demand for investments grows as the interest rate decreases, and this increase has a multiplier impact on consumption, increasing national income and output.
Lower investment expenses result from a fall in the real interest rate. The investment will rise as a result. A larger investment expenditure will increase the economy's overall expenditures, other things being equal.
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Project: How Entrepreneurs Improve the Economy
This project will focus on researching different ways that entrepreneurs improve the economy. You will then explore these ways and
explain whether you agree or disagree with how each can improve the economy.
During this project, you'll accomplish the following:
O Objectives
• Research at least five ways that entrepreneurs improve the economy and explain whether you agree or disagree with each.
Directions
Use the Internet to research different ways that entrepreneurs improve the economy. You will need to have at least five ways. Be sure
to include the URL links you used as resources in the space below.
Now that you have completed the research, record your findings in the table below and include the links,
1 Fillin five ways that entrepreneurs improve the economy
Answer:
time management
make best decision
saving the budget
having ideas
never relaxed
temptations and pressures to act unethically are such that small firms are
Temptations and pressures to act unethically are thought to be greater in big businesses than in small businesses. (False)
The statement that temptations and pressures to act unethically are greater in big businesses than in small businesses is false. Unethical behavior can occur in organizations of any size, and it is not necessarily correlated with the size of the business.
Both big and small businesses can face ethical challenges and pressures, although the nature and magnitude of these challenges may differ. In some cases, large businesses may have more resources and complex structures, which can create additional opportunities for unethical behavior.
However, small businesses are not exempt from ethical dilemmas. Limited resources and intense competition can put pressure on small businesses to compromise their ethical standards to gain a competitive advantage or survive in the market.
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The complete question is:
Temptations and pressures to act unethically are thought to be greater in big businesses than in small businesses. True or false.
evan accidentally quoted a customer a price for new flooring that was more than $1,000 less than the actual price. his manager had a choice of punishing evan or providing him coaching and retraining on how to calculate the cost of flooring correctly. his manager chose to retrain evan, using the ________ control.
Answer: Feedforward control
A glance up and down the organizational chart shows the horizontal specialization, or the official communication network. ture of false?
False. The statement is not entirely accurate.
A glance up and down the organizational chart does not specifically indicate horizontal specialization or the official communication network. The organizational chart typically represents the hierarchical structure of an organization, illustrating the levels of authority and reporting relationships. It primarily shows vertical differentiation, indicating the chain of command from top management to lower-level employees.
Horizontal specialization refers to the division of labor within an organization based on specialized tasks or functions. It involves the differentiation of work roles and responsibilities across departments or units. Horizontal specialization is not directly evident by looking at the organizational chart alone.
The official communication network refers to the formal channels of communication that exist within an organization. It includes the established lines of communication through which information flows from top to bottom and vice versa. The organizational chart may provide some insights into the formal reporting relationships, but it does not fully capture the intricacies of the official communication network.
Therefore, a glance up and down the organizational chart does not explicitly reveal horizontal specialization or the official communication network. These aspects require a deeper understanding of the organization's structure, roles, and communication channels.
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the rent a firm pays each month for office space is an example of a(n)
The rent a firm pays each month for office space is an example of an expense.
An expense is a cost incurred by a business in order to generate revenue. Rent for office space is a necessary expense for most businesses, as it provides a physical location for employees to work and for customers to visit. Other common expenses for businesses include salaries, utilities, supplies, and marketing costs. By tracking and managing expenses, businesses can ensure they are operating efficiently and maximizing their profits.
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the heart of operations management is the management of production systems. a production system uses to provide goods and services to the customer.
The heart of operations management is the management of production systems. a production system uses input, transformation and output to provide goods and services to the customer.
What is meant by operations management?This is the term that is used to refer to the way that business is being run in a way that efficiency would be increased for an organization. It tells us of the way that the business would convert materials and labor in a way that we would have goods and services.
We can conclude that the heart of operations management is the management of production systems. a production system uses input, transformation and output to provide goods and services to the customer.
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the bank currently uses a cutoff rate of 0.64, but realizes that they could improve their class 0 error rate without increasing the class 1 error rate, which is approximately 0.45. what is the highest cutoff rate that would achieve this?
The highest cutoff rate that would achieve this is 0.64. This is because the bank currently uses a cutoff rate of 0.64 and the class 1 error rate is approximately 0.45.
What is bank?
A bank is a type of financial institution that lends money while also taking deposits from the general public and generating demand deposits. By utilising capital markets, the bank can engage in direct or indirect lending activities. Banks are heavily regulated in most jurisdictions because they are essential to the financial stability as well as economic health of a nation. The majority of nations have institutionalised the fractional reserve banking system, wherein banks hold liquid assets that are only partially equal to their current liabilities. Banks are typically subject to minimum capital requirements predicated on an international set of capital standards, this same Basel Accords, in addition to certain other regulations intended to ensure liquidity.
By increasing the cutoff rate, the bank could improve their class 0 error rate without increasing the class 1 error rate.
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two ways in which young entrepreneurs can benefit from the National Youth Development Agency
South Africa's National Youth Development Agency has launched the Ithubalentsha Micro Enterprise Programme, which will provide young aspirant and established entrepreneurs with training, mentorship, micro-enterprise finance, market linkages and access to business opportunities.
what+is+the+probability+that+in+a+random+sample+of+1020+americans,+more+than+47%+of+people+said+the+level+of+immigration+should+be+decreased?
The question requires us to find the probability that in a random sample of 1020 Americans, more than 47% of people said that the level of immigration should be decreased.
Therefore, we are interested in finding the probability that P(X > 0.47), where X is a random variable representing the proportion of people who said that the level of immigration should be decreased. The sample size is large (n > 30), so we can use the normal distribution to approximate the sampling distribution of the sample proportion.
The mean of the sampling distribution of the sample proportion is given by μ = p = 0.47, and the standard deviation is given by σ = sqrt{[p(1-p)]/n} = sqrt{[(0.47)(0.53)]/1020} ≈ 0.0155.
The z-score corresponding to the sample proportion of 0.47 is given by z = (0.47 - 0.47) / 0.0155 = 0.The probability of observing a proportion greater than 0.47 is the same as the probability of observing a z-score greater than 0, which is P(Z > 0) = 0.5.
So the probability that in a random sample of 1020 Americans, more than 47% of people said that the level of immigration should be decreased is approximately 0.5.
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According to the graph above, if the price of coffee falls while the consumer is in equilibrium at point a, which of the following will occur?
a) The indifference curve shifts to the right
b) Consumer balance does not change.
c) The budget line shifts. to the right only on the horizontal axis.
d) The consumer can buy more shoes with all of his income.
Which of the following best completes the table?
Table listing kinds of trade barriers with examples of each. Regulation, clothing made using child labor. Tariff, foreign steel. Embargo, diamonds from Zimabawe.
What is an example of local content requirement?
Customs duties paid on cloth made in India
Imported apples exceeding a percentage of domestic production
Inexpensive sugar grown in the Caribbean
Oil from a Middle Eastern country that is considered hostile
Answer:
1. The best that completes the table is:
Oil from a Middle Eastern country that is considered hostile.
2. An example of local content requirement is:
Imported apples exceeding a percentage of domestic production.
Explanation:
Many countries of the world impose free-trade restrictions. For example, tariffs raise the prices of imported goods relative to domestic goods (good produced at home), thereby making imports more expensive. Some governments provide subsidies to their domestic industries, thereby making the domestic goods cheaper than their foreign counterpart and discouraging free trade. Local content requirements are another means to restrict free trade. These requirements demand that part of the production process for imported goods be completed domestically.
Answer:
C. inexpensive sugar grown in the Caribbean
Explanation:
just took the quiz
After conducting a qualitative risk assessment of her organization, Sally recommends purchasing cybersecurity breach insurance. What type of risk response behavior is she recommending?
A. Accept
B. Transfer
C. Reduce
D. Reject
Sally is recommending a risk response behavior known as "Transfer."
By suggesting the purchase of cybersecurity breach insurance, Sally is advising the organization to transfer the potential financial consequences of a cybersecurity breach to an insurance provider. This involves shifting the risk of financial losses associated with a breach to the insurance company.
Cybersecurity breach insurance is designed to help mitigate the financial impact of a data breach or cyber attack. It typically covers costs related to incident response, legal expenses, regulatory fines, customer notification, credit monitoring, and potential liabilities.
By transferring the risk, the organization is seeking to protect its financial resources and mitigate the potential negative consequences of a cybersecurity breach. This risk response strategy acknowledges that while the risk exists, the organization can mitigate its impact through the transfer of risk to an insurance provider.
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01-038 - The collection, transformation, and organization of data in order to draw conclusions, make predictions, and drive informed decision-making describes what?a. Data life cycleb. Data analyticsc. Data scienced. Data analysis
The collection, transformation, and organization of data in order to draw conclusions, make predictions, and drive informed decision-making describes data analytics. The Correct option is b. Data Analytics
Data analytics is the act of gathering, transforming, and organizing data with the goal of producing inferences, and forecasts, and guiding well-informed decisions.
Data from many sources must be gathered, then it must be analyzed to find patterns and trends. Machine learning algorithms, data visualization, and data cleaning are all possible components of the data analytics process.
Businesses can improve decision-making, streamline operations, and develop more successful marketing plans with the use of data analytics.
Finding possible growth prospects is also helpful. Data analytics can be used to evaluate consumer behavior, pinpoint customer wants and preferences, and enhance product design.
Insights and hidden correlations that can be used to guide decision-making can also be found.
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Data Science is the concept that describes the collection, transformation, and organization of data to draw conclusions, make predictions, and inform decision-making. Data analytics, data analysis, and data life cycle all play roles within this broader discipline.
The collection, transformation, and organization of data in order to draw conclusions, make predictions, and drive informed decision-making essentially describes the concept of Data Science. The other options, such as data life cycle, data analytics, and data analysis are components or subsets of Data Science. While they play crucial roles in the process, they alone do not encompass the entirety of the discipline. For example, data analytics and data analysis typically focus more on examining large sets of data to uncover hidden patterns and correlations, whereas the data life cycle concerns the series of stages data goes through from initial creation to its ultimate disposal.
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When there is no room for growth within a company, an employee cannot __________. a. Be promoted to new positions horizontally b. Find other jobs from a new employer c. Be considered for salary increases d. Be promoted vertically to new positions Please select the best answer from the choices provided A B C D
Answer:
The answer is B.Find other jobs from a new employer.
Answer:
B.
plz mark brainliest
Explanation: