During the current year, Esty Company replaced the roof on its manufacturing facility with a better roof that also extended the useful life of the facility. The cost of the new roof was $130,000. The old roof cost $92,000 and had accumulated depreciation of $60,000. The company received nothing for the old roof. Which of the following will be included in the journal entry to record the replacement of the roof?
a. Debit - Loss on Disposal $32,000
b. Credit - Building $32,000
c. Debit - Repair Expense $130,000
d. Debit - Building $38,000

Answer:

The best steel supplier company in Dubai is Al Ameen Steel Fabrication Engineering LLC.

Explanation:

Answer:

Kensington Corp.

                                         Accumulated other              Retained Earnings

                                       comprehensive income

December 31, 2020                $33,000 (DR)                  $340,000 (CR)

Explanation:

a) Data and Calculations:

Tax rate = 25%

                                         Accumulated other              Retained Earnings

                                       comprehensive income

December 31, 2019                   $18,000  (DR)                  $100,000 (CR)

Net income for 2020                                                          280,000

Unrealized loss  for 2020          15,000

Dividends for 2020                                                             (40,000)

December 31, 2020                $33,000 (DR)                  $340,000 (CR)

Answer:

A. 34.2%

B. 4.5%

C. 8.1%

D.10.64%

Explanation:

a) Calculation to determine Gross margin percentage

Using this formula

Gross margin percentage = Gross profit/Net Sales

Let plug in the formula

Gross margin percentage= 27000/79000

Gross margin percentage = 34.2%

b) Calculation to determine Net profit margin

Using this formula

Net profit margin = Net income/Net Sales

Let plug in the formula

Net profit margin = 3540/79000

Net profit margin = 4.5%

c) Calculation to determine Return on assets

Using this formula

Return on assets = (Net income+Interest expense)/Average total assets

Let plug in the formula

Return on assets = (3540+360)/48120

Return on assets= 8.1%

d) Calculation to determine Return on equity

Using this formula

Return on equity

= Net income/Average equity

Let plug in the formula

Return on equity = 3540/33270

Return on equity =10.64%

Answer:

a. $270,900

b. $6.30

c. $24,570

Explanation:

(a) The depreciable cost = $270,900

(b) The depreciation rate = $6.30

(c) The units-of-activity depreciation for the year =- $24,570

Answer:

Explanation:

The formula for GDP is

GDP = C + I + G + NX

C = consumption

I  = Investment by business and household purchases by individuals

G = Government  Expenditures

NX = foreign trade.

The first thing you can do is knock out foreign trade.

I think you can dispense with Government expenditures as well all though a school is an arm of government.

I think investment is what you have to look at carefully because it does include charitable organizations.  We'll come back to this.

Consumption is what it sounds like it sounds.

You can't answer this in any other way than to know how the company writes it off. It is an asset that goes from some value to 0. It no longer exists on their books. So it decreases their assets. It is balanced on their books by calling it an expense I think and that further has impact on their books.

So they are decreasing their value (albeit by a small amount -- they've already bought new computers).

I'm not sure about this, but I think what has happened is that the GDP is going to go down. Their investment has decreased by being written off.

I think the correct answer would be Negotiate it right, sell it right and deliver it right.

No matter how much you plan it out, there might be issues that you face at the top of the supply chain. In such a case, you need to negotiate the price or other aspects of the product or service you are selling.

Emphasis also needs to be put on the way the product is sold or marketed. The marketing and advertising departments come into play here. They need to clearly define your client base target audience and the way in which you want to market your brand.

At the end, and most importantly lies the proper delivery of the service or product. It defines the future prospects for your brand.

In economics and political science, fiscal policy is the use of government revenue collection and expenditure to influence a country's economy.

Fiscal policy is the term used to describe how the government uses taxation and spending to influence the economy. Governments frequently utilize fiscal policy to promote strong, long-term growth as well as to reduce poverty.

Fiscal policy refers to the tax and spending plans of the federal government. Fiscal policy decisions are largely made by the Administration and Congress with little input from the Fed.

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Answer:

?????

Explanation:

Answer:

Results are below.

Explanation:

First, we will determine the direct material price, quantity, and total variance. We need to use the following formulas:

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

Direct material price variance= (1.6 - 1.8)*2,400

Direct material price variance= $460 unfavorable

Actual price= 4,320/2,400= $1.8

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

Direct material quantity variance= (6*180 - 2,400)*1.6

Direct material quantity variance= $2,112 unfavorable

Total variance= 460 + 2,112= $2,572 unfavorable

To calculate the direct labor rate, efficiency, and total variance. We need to use the following formulas:

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

Direct labor time (efficiency) variance= (3*180 - 560)*11

Direct labor time (efficiency) variance= $220 unfavorable

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

Direct labor rate variance= (11 - 10.8)*560

Direct labor rate variance= $112 favorable

Actual rate= 6,048/560= $10.8

Total variance= -220 + 112= $108 unfavorable

Amazon, Coinbase, HubSpot, IQVIA, PRA Health Sciences, Robert Half International, Thermo Fisher Scientific, and UnitedHealth Group are among the organizations that allow project managers to work remotely.

By decreasing risk and giving precise timings and decision points that assist guarantee projects are delivered on-time and within budget, project planning helps avoid the disappointment of failed and delayed projects. Project managers work with teams to divide a project into smaller, more manageable chunks. Project managers can better manage their teams and respond to problems by dividing the project down into a defined procedure with assigned tasks, dates, and milestones.

A local business could be a small shop, a food truck, or an office building. Because the local business owner owns the building where it is located, it differs from a chain store in another way. The majority of local businesses are often modest, family-run enterprises. Even though your business or client's office is in the same location as yours, working remotely can simply mean doing so. Working from home is hardly a glamourous lifestyle option. It's a decision to increase effectiveness and balance.

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Answer:

The risks

Explanation:

That is what goes in the blank

Answer:

risks

Explanation:

correct on edmentum

The maximum number of conditions that can be set for a bank rule is 5.

A bank rule is one that has been set up by the bank that will be followed in that branch. This could be with the relation of the payment, cheques, deposits, or bank charges.

There can be various numbers of charges that can be set by the bank. The central bank will be the one that will set the rate or will decrease the rate of the changes. This was to impact the bank.

As different banks may have different types of rules as well as regulations that they will use to help form the rules but the maximum number will be five.

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Answer:

B. Using money wisely in order to support a lifestyle that can be enjoyed for a long time.

Explanation:

A is incorrect because it isn't practical. Making the most amount of money in a short time only helps you in the short run. It doesn't necessarily ensure that you have a lot of money in the long run. B is correct because it is the most practical, responsible, and wise choice. By using your money wisely, you can save up for something you really want, like a car or laptop. This also gives you security in the future because you know you have money and can dip into it in an emergency situation. C is incorrect because it's only trying to satisfy an impractical feeling. Making money just to feel morally superior to those with less doesn't mean that you're good at your job or will continue to make the same amount all the time. It mainly means that you are satisfying the need to feel better or higher up in the wealth ladder than others. D is incorrect because making money just to be rich and famous doesn't mean you're going to make smart and wise decisions using it. It also doesn't assure you that it will stay that way forever. You may need to pay rent on a mansion and lose a ton of money, therefore, dropping your rich status.

Hope this helps! :)

Answer:In the modern world, every firm needs to create a successful management strategy. This procedure combines planning, organisation, incentive, and control to create a productive business function that will aid in the accomplishment of goals and objectives. Scientific management, which can be observed in the operational strategies of Toyota and Apple enterprises, is one of the practical and tested methods of controlling the work of the organisation. To sustain a competitive position, it is beneficial to design a specific strategy while adhering to individual values, viewpoints, and activity techniques.

Explanation:

Answer:

A. 31.65%

B. 1.98

Explanation:

A. Calculation to determine the percentage total return

Using this formula

Percentage total return= Increase in price+ Dividends÷ Initial price

Let plug in the formula

R = [($118 - 91) + 1.80] / $91

R=$28.8/$91

R = .3165*100

R=31.65%

Therefore the percentage total return is 31.65%

B. Calculation to determine the Dividend yield

Using this formula

Dividend yield= Dvidend / initial price

Let plug in the formula

Dividend yield = $1.80 / $91

Dividend yield = .0198*100

Dividend yield = 1.98%

Therefore Dividend yield is 1.98%

Answer: 29.4 gallons

Explanation:

The Safety Stock that should be held by the company to have a Service Level of 99.0% will be:

= Z × σ × ✓LT

Z = 2.326

σ = Standard deviation = 8

LT = Lead time = 2.50

Safety stock = = Z × σ × ✓LT

= 2.326 × 8 × ✓2.50

= 2.326 × 8 × 1.58

= 29.4 gallons

The safety stock is 29.4 gallons.

The amount of  Safety Stock that the company should hold to have a Service Level of 99.0% is 29 gallons of paint.

Using this formula

Safety stock = z×(√L/T)×σ

Where:

d=Average Demand rate per time period=74  gallons per week

σ = Standard Deviation =8  gallons

L = Performance cycle or total lead time =2.5 week

z = 99% target service level =2.326

T = Time increment= 1  week

Let plug in the formula

Safety stock = (2.329)×(√2.5/1)×8

Safety stock=(2.329)×(1.581)×8

Safety stock=29.4

Safety stock = 29 gallons of paint (Approximately)

Inconclusion the amount of  Safety Stock that the company should hold to have a Service Level of 99.0% is 29 gallons of paint.

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Answer:

o

Explanation:

well yess because its just

Answer:

Explanation:

The Federal government balancing its budget every year means that it would need to match its revenue (taxes) to its spending.

Should they be forced to do this, they would have to cut spending so that they would be able to match taxes when they are low during recessions. This would not be helpful because government spending is needed to get out of a recession.

The government would also be unable to pursue an expansionary fiscal policy because any increase in spending would have to match an increase in taxes to fund it. The effect of the spending will not be as felt because the government would be simultaneously pumping money into the economy and taking it out at the same time.

Answer :

1. Social Media Platforms:

2. Beauty Industry Trends:

3. Economic Conditions:

4. Competition:

Answer: They are more able to quickly and efficiently deal with situations that require coordination among consumers and producers

Explanation:

A market economy simply refers to the economy that's being regulated through the forces of demand and supply. It should also be noted that government plays a limited role in such economy.

On the other hand, command economy is one whereby the government is in charge of the production, distribution and allocation regarding goods and services.

An advantage of the market economy over the command economy is Tlyhst they are more able to quickly and efficiently deal with situations that require coordination among consumers and producers. This is because the producers and the consumers generally control the market thereby coordination is easier.

Answer:

See below

Explanation:

Total costs = Product costs + Administrative costs

= ($75 × 30,000) + $85,000 - ($50 × 30,000) + $65,000 = $3,900,000

Total cost per unit =Total cost / Units expected to be sold= $3,900,000 /30,000 = $130

Markup per unit = Total cost per unit × Markup percentage = $130.00 × 25% = $32.5

Answer:

compound interest

Explanation:

This is when you earn interest on both money you've saved and the interest you earn.

Answer:

e. fifth

Explanation:

Car A should be scheduled as fifth in the sequence to repair and repaint. The Car A will take 10 hours for repair work which is highest of all other cars. The paint work is however lower than all other cars but since the repair work is to be done prior to repainting the car A should be schedule in the last.

Answer:

Explanation:

Correspondence simply means letters sent or received. Another word for “Correspondence” is “Mail”. In our offices and Businesses, We receive letters, parcels, telegrams, internal memos, fax, e-mail, text messages or SMS (Short Message Service) and other documents which we all know as mail or correspondence.

CORRESPONDENCE RECORDS

Correspondence records are those documents used to keep track of correspondences in an organization. They show evidence of important transactions, letters, reasons for writing and those involved, dates, addresses, e-mails and other important messages.

TYPES OF CORRESPONDENCE

There are three main types of correspondence, they are:

In-coming mails

Out-going mails

Postage book.

1. In-Coming Mails: These are letters that comes into an organization. In-coming correspondence will reach the records offices in a number of different ways. Some will come through the regular post office or other courier services, like, DHL,UPS etc. Other in-coming mails could come via e-mail, or with the growth in technology, through text messaging:- Short Message Service (SMS) or Multimedia Messaging Services (MMS).

Examples of In-Coming Mails are: Letters

Parcels

Computer printouts e.g. e-mail or other data

Telegrams

Internal memos

Text messages

METHODS OF MAIL DELIVERY

Mails or letters can be delivered either by post or by hand to the recipients in two ways:

a. Delivery by Post: People pay for a private mail box or bag in the post office where their mails are deposited safely and locked till the owner comes (to the post office) with the keys to pick up mails. The post man also delivers received mails to the appropriate addresses with authority from the post office management.

b. Delivery by Hand: The mails that can be delivered by hand include letters, circulars, memos, handbills, notices of different sizes etc. The mails must be handled with care, so that the recipient will receive it without complaint and in time too. All mails are sorted out first in the mail room before being distributed to the appropriate persons or organization(S).

2. Out-Going Mails: These are mails that are going out of or from the organization. The secretary or clerk in the office handles such mails with care and treats them with the urgency required. In smaller organizations, the receptionist can also see to it that such mails are handled appropriately and accountability and reference.

Examples of out-going mails are letters, parcels, computer printouts like e-mail, SMS, memos, telegrams, and other related mails.

3. Postage Book: This is a book which records accurate and full details of mails and other documents that need postage. The book contains the exact amounts of postage stamps used on the mails, date and address.

USES OF CORRESPONDENCE RECORDS

They are used:

1. For evidence of receiving and attending to mails.

2. To shoe the correct date a mail was received.

3. To record information about the content(s) of mails.

4. To show how the issue in context was handled by the organization. Tells whether an answer has been given or not.

5. To show exactly what agreement was made and the date of the decision.

6. It confirms delivery of mails.

7. It shows the origin of the mail and who or unit it was addressed to.

CLASSIFICATION OF CORRESPONDENCE RECORDS

Inward Book or Inward Register

Outward Book or Outward Register

Dispatch Book

Answer:

C. An increase in income taxes payable will be subtracted from net income.

Explanation:

First and foremost, an increase in current assets such as prepaid expenses means that the company parted with cash since it has made payment in advance prior to the expenses being incurred, hence, it is a cash outflow while a decrease in the current asset has an opposite impact.

However, an increase in current liabilities means the company is owing more and has avoided a cash outflow, in essence, it is treated as cash inflow, in other words, the increase in income taxes payable is an inflow not deducted as if it is an outflow

Answer:

Aubrae Company

Adjusting Journal Entries:

a. Insurance:

Debit Insurance expense $570

Credit Prepaid Insurance $570

To record insurance expense for 3 months.

b. Shipping supplies:

Debit Shipping supplies expense $68,000

Credit Shipping supplies $68,000

To record shipping supplies expense for the year.

Explanation:

a) Data and Analysis of Adjusting Entries:

a. Insurance expense $570 Prepaid Insurance $570

($4,560/24 * 3)

b. Shipping supplies expense $68,000 Shipping supplies $68,000

Insurance Expense:

Prepaid insurance = $4,560 for 24 months

Each month equals $190

Expense for October to December = $570 ($190 * 3)

Shipping expense:

Shipping on hand, January I of the current year             $13,000

Purchases of shipping supplies during the current year 75,000

Shipping hand, December 31 of the current year           (20,000)

Shipping supplies used during the current year =        $68,000

Jimmy's utilization is 30%, The average number of machines out of service that is, waiting to be repaired or being repaired is 43%, and The average time a machine is out of service is 21.43 hours.

Service rate is used to calculate the rate or supply of service in any business.

Data given ;

Arrival rate (λ) = 1/50

Service rate (µ ) = 1/15

a) Utilization (P) = λ/µ

= 1 / 50 / 1 / 15

= 15 / 50

= 0.30

= 30%

b) Average number of out-of-service machines waiting to be repaired or being repaired (L) = q / λ

= (p²/1-p) / λ

= (0.30²/1-0.30) × 1/50

= 0.129 × 1/50

= 6.43

Average time spent by out-of-service machines waiting to be repaired, or being repaired

W = Wq + 1 / µ

= 6.43 + 15

= 21.43

The average number of machines out of service that is, waiting to be repaired or being repaired

L = λW = 21.43/50 = 0.43

3:00

c) Average time spent by out-of-service machines waiting to be repaired, or being repaired.

W = Wq + 1 / µ

= 6.43 + 15

= 21.43

Therefore, Jimmy's utilization is 30%, The average number of machines out of service that is, waiting to be repaired or being repaired is 43%, and The average time a machine is out of service is 21.43 hours.

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Answer:

Up-to-date cash balance $18,100

Explanation:

The computation of the up to date ending cash balance is shown below:

Cash balance as per bank statement $18,700

Add: Deposit-in-transit $1,600

Less: Outstanding checks -$2,200

Up-to-date cash balance $18,100

Here we add the deposits and subtracted the outstanding checks so that the up to date cash balance could come

The same would be considered

Answer:

the WACC of an all-equity financed version of the firm.

Explanation:

WACC = weight of equity x cost of equity + weight of debt x cost of debt x (1 - tax rate)

for a project to be accepted, the internal rate of return should be higher than the WACC