Answer:
Auto repair shop.
Explanation:
A job costing system involves accounting for the expenses as per a specific production or service job. Accumulation of expenses is in relation to a certain job or production for a particular good. An Auto repair shop will be best suited to use the job costing system. Expenses can be attached to the repair of a specific car. The costs of repairing each vehicle can be identified with ease.
The other options would require process costing.
Suppose that some country had an adult population of about 47 million, a labor-force participation rate of 123.4 percent, and an unemployment rate of 31.0 percent. How many people were unemployed?
a. 18 million
b. 81.0 million
c. 58 million
d. 40 million
The number of unemployed peoples is 17.67 Millions, when the rate of unemployed peoples are 31%.
What is unemployment?Unemployment happens when individuals who desire to do work are incapable to encounter jobs, which displaces economic output.
High pressure rates of unemployment are a sign of economic pain, while highly low-level rates of unemployment may sign a hotted economy.
Computation of unemployed peoples:
According to the given information,
The labor force rate = 123.4%, and
Absolute Value = 47 million
Then, the labor force population is:
[tex]\text{labor Force Population} = \text{The Labor Force Rate} \times \text{Absolute Value}\\\\\text{labor Force Population} =123.4\% \times 47 \text{Million}\\\\\text{labor Force Population} =57 \text{Approx.}[/tex]
Now, the number of unemployed peoples are:
According to the given information,
unemployment rate = 31.0
Then,
[tex]\text{Number of Unemployed Peoples} = \text{Unemployment Rate} \times \text{Labor force Population}\\\\\text{Number of Unemployed Peoples} = 31\% \times 57 \text{Million(Approx)}\\\\\text{Number of Unemployed Peoples} =17.67\text{Million}[/tex]
Therefore, the number of unemployed peoples are 17.67 Millions.
Learn more about unemployment, refer to:
https://brainly.com/question/14227610
Gravel Company reported net income of $4,500,000 in 2021. The weighted average number of common shares outstanding during 2021 was 200,000 shares. Gravel paid $250,000 in dividends on preferred stock, which was convertible into 40,000 shares of common stock. How much is diluted earnings per share for 2021
Answer:
the diluted earning per share is $17.71
Explanation:
The computation of the diluted earning per share is shown below:
Diluted earning per share is
= (Net income - preference dividend) ÷ ( oustanding common stock shares + convertible shares)
= ($4,500,000 - $250,000) ÷ (200,000 + 40,000)
= $4,250,000 ÷ 240,000 shares
= $17.71
hence, the diluted earning per share is $17.71
We simply applied the above formula so that the correct value could come
And, the same is to be considered
If Division Inc. expects to sell 200,000 units in the current year, desires ending inventory of 24,000 units, and has 22,000 units on hand as of the beginning of the year, the budgeted volume of production for the year is 202,000 units. a) True b) False
Answer:
a) True
Explanation:
Sales = Opening + Production - Closing
$200,000 = $22,000 + Production - $24,000
Production = 202,000 Units
Hence, the answer is a. True
Store A uses the newsvendor model to manage its inventory. Demand for its product is normally distributed with a mean of 500 and a standard deviation of 300. Store A purchases the product for $10 each unit and sells each for $25. Inventory is salvaged for $5. What is its maximum profit?
a. $10,500
b. $8,500
c. $7,500
d. $6,000
Answer:
c. $7,500
Explanation:
Profit Maximization is a process in which an entity determines the selling price and cost of the product that results in the highest profit.
Use following formula to calculate the maximum profit
Maximum profit = Mean demand x ( Price per unit - Cost per unit )
Where
Mean demand = 500
Price per unit = $25
Cost per unit = $10
Placing values in the formula
Maximum Profit = 500 x ( $25 - $10 )
Maximum Profit = $7,500
What is the IRR for a project that costs $100,000 and provides annual cash inflows of $30,000 for 6 years starting one year from today
Answer:
19.91 %
Explanation:
The Internal Rate of Return (IRR) is the Interest rate that will make the present values of cashflows equal to the price of the Initial investment.
Calculation of IRR of Project A using a Financial Calculator :
($100,000) CFj
$30,000 Cfj
$30,000 Cfj
$30,000 Cfj
$30,000 Cfj
$30,000 Cfj
$30,000 Cfj
Shift IRR/YR 19.9054 or 19.91 %
Explain the Virtuous cycle
what is journal entry is goods return to sanjay
Backdating refers to:_________ A. choosing the grant date of a stock option retroactively. B. choosing the exercise date of the stock option retroactively. C. choosing the strike price of a stock option retroactively. D. choosing the share conversion ratio retroactively.
Answer:
A. choosing the grant date of a stock option retroactively
Explanation:
Stock options are the priviledge that an individual has to purchase a stock at a particular time and date.
Usually it is given to those that already have shared.
Companies give this priviledge to existing shareholders to reduce stock dilution.
Backdating of stock options means that the options grant date can be altered to a time when the option price was lower.
In effect those that practice this get stock at lower prices and make more profit per share.
The grant date is chosen retroactively
Answer:
A. choosing the grant date of a stock option retroactively.
Explanation:
First of all, backdating is usually illegal and sadly, many companies do it to boost employee compensation. This is an example of agency conflicts since management puts their interests ahead of the interests of stockholders.
Backdating refers to retroactively setting the date of a contract in order to benefit one party. If management had done things properly, why would they need to backdate a compensation plan?
Muddy Meadows Earthmoving can purchase a bulldozer for $147,000. After 7 years of use, the bulldozer should have a salvage value of $50,000. What depreciation is allowed for this asset in Year 4 for.(a) Straight-line depreciation?(b) 150% declining balance depreciation?(c) 40% bonus depreciation with the balance using 5-year MACRS?PLEASE DO NOT USE EXCEL AND SHOW CALCULATIONS1.) a) $13,857; b) $15,676; c) $10,1612.) $13,857; b) $15,676; c) $44663.) $21,000; b) $15,676; c) $10,1614.) $13,857; b) $12,437; c) $10,161
Answer:
1) a. $13,857 : b. $15,676 : c. $10,161
Explanation:
(a) Straight-line depreciation:
depreciation expense per year = ($147,000 - $50,000) / 7 = $13,857 per year
(b) 150% declining balance depreciation:
150% depreciation = 1/7 x 1.5 = 21.42%
depreciation expense year 1 = $147,000 x 1/7 x 1.5 = $31,500
depreciation expense year 2 = $115,500 x 1/7 x 1.5 = $24,750
depreciation expense year 3 = $90,750 x 1/7 x 1.5 = $19,446
depreciation expense year 4 = $71,304 x 1/7 x 1.5 = $15,279 (this number is similar to $15,676, so I will choose that number. Depreciation % may vary a little due to rounding)
(c) 40% bonus depreciation with the balance using 5-year MACRS:
depreciation expense year 1 = $147,000 x 40% = $58,800
depreciation expense year 2 = $88,200 x 32% = $28,224
depreciation expense year 3 = $88,200 x 19.20% = $16,934
depreciation expense year 4 = $88,200 x 11.52% = $10,161
When you add additional forms to a project, you add additional ________, which are stored in their own files.
If Treasury bills are currently paying 5.75% and the inflation rate is 2.8%, what is the approximate and the exact real rate of interest?
Answer:
The exact real rate of interest is:
2.95% (5.75% - 2.8%).
Explanation:
The real rate of interest of 2.95% is the interest rate that has been adjusted to remove the effect of inflation of 2.8%. This implies that the nominal rate is 5.75%. When inflation rate of 2.8% is removed from the nominal rate, we then obtain the real rate of interest as 2.95%. It is normally computed as the nominal interest rate minus the expected rate of inflation.
When a party purchases an app from the author, the copyright transfers from the author to the buyer. What is this is called
When the Federal government takes action to change taxes and spending to stimulate the economy such policy is:_________
a. Passive
b. Automatic
c. Discretionary
d. Nondiscretionary
Answer:
c. Discretionary
Explanation:
The discretionary policy is the policy that depends upon the judgement of the people who made the policy. It also deals in the decision making with respect to the monetary and fiscal policy
So here in the given situation, it is mentioned at the time of taking the action by the federal government with respect to change in the taxes and the spending in order to stimulate the economy
So this situation represents the discretionary policy
therefore the option c is correct
When FBLA-PBL was first founded in 1937, it was originally for ____.
A. just college students
B. high school and college students
C. just high school students
D. junior high school students
Answer:is actually b
Explanation:
Which of the following best explains how the rise of machinery created an unfriendly relationship between industrialists and their employees?
A. The industrialist earned his income from the work of others.
B. There was a lack of unions.
C. The employees were underpaid.
Answer:
C
Explanation:
In as much as these are the only options given, then there has to be an answer there. Even though I fancy there being another answer.
But I'd say, the closest to the reason from the aforelisted is that the employees were underpaid. Since the advent of machineries, truth is that there wasn't going to be need for employees. This is because machines tend to have a much better output, better efficiency and won't need to be paid monthly in wages.
Since there isn't need for employees again, the industrialist tend to underpay the employees because they don't see their useful in the first instance
The rise of the use of machine is on the increase. The best explanation as to how the rise of machinery created an unfriendly relationship between industrialists and their employees is the employees were underpaid.
The industrialists did treat their workers bad. They make sure to keep wages as low as ever. Their attitude towards their employee was like if employee did not like the pay, the long hours and other working conditions he could quit and go to other places.
They were super-rich, living in great homes, living life lavishly abut their employees were paid little sum as if they do not have any choice.
Learn more about Industrialist from
https://brainly.com/question/10230728
Which of the various interpersonal skills is most important? Justify your answer.
Explanation:
Communication. One of the most important interpersonal skills in any job is communication. Whether you work in IT, customer service, construction, or any other industry, you will need to be able to communicate clearly and effectively with others through both oral and written communications.
Communication is the most important interpersonal skill.
What is interpersonal skill?The actions and strategies a man does to communicate with one another successfully are known as interpersonal skills. People constantly contact others when doing so, whether that is at jobs, in social environments, or even within their families.
Communication is one of the most important interpersonal skills that a person can have. As it helps in telling what the person is wanted to tell. It also helps in understanding. It develops empathy as well as emotional intelligence.
As communication is good it would help to convey the message that you want to portray to another being. It helps in developing the personality and to most of the people nowadays used. Communication comes under the category of interpersonal skills.
Learn more about interpersonal skill, here:
https://brainly.com/question/15225951
#SPJ6
A US Multi National Corporation has a contract for a relatively predictable long-term inflow of Japanese yen. The firm decides to hedge the yen exposure by finding a supplier in Japan and paying for these imports in yen. This hedging strategy is known as ________.
Answer: a natural hedge
Explanation:
Natural hedge is simply a strategy that is used by a company in order to reduce risk and this is done through the investment in the assets that their performance is not positively correlated.
Such companies typically makes revenue in the currency of another country. Since the firm decides to hedge the yen exposure by finding a supplier in Japan and paying for these imports in yen, this hedging strategy is known as natural hedge.
A company issued.. A company issued 10-year, 6.00% bonds with a face value of $100,000. The company received $97,767 for the bonds. Using the straight-line method of amortization, the amount of interest expense for the first interest period is:________.a) $2.233.00 b) $5,776.70 c) $6,000.00 d) $6,223.30
Answer:
d) $6,223.30
Explanation:
Interest payable in cash = 100000*6% = $6000
Amortization of bond discount (Straight line) = Discount in issue of bond / number of years
Amortization of bond discount = (100000 - 97,767) / 10
Amortization of bond discount = 2233 / 10
Amortization of bond discount = 223.3
Amount of interest Expense = 6000 + 223.3
Amount of interest Expense = $6,223.30
100 points
Think of two methods used to improve productivity in business. Discuss your reasons for choosing these methods.
Answer:
Improve workplace conditions
Explanation:
environment that’s too hot or too cold distracts from concentration, as employees will spend more time walking around to get their coats or an electric fan. Ensure both heating and air-conditioning systems are in working order for when the relevant season comes around
Answer:
Improve workplace conditions
Explanation:
A stock has an expected return of 13.4 percent, the risk-free rate is 9 percent, and the market risk premium is 10 percent. What must the beta of this stock be?
Answer: 0.44
Explanation:
From the question, we are informed that a stock has an expected return of 13.4 percent, the risk-free rate is 9 percent, and the market risk premium is 10 percent.
The beta of this stock be calculated as:
= (13.4% - 9%) / 10%
= 4.4% / 10%
= 0.044 / 0.10
= 0.44
Therefore, the beta of the stock is 0.44
A disadvantage of flextime plans is that they often
Answer:
A disadvantage of flextime plans is that they often: require supervisors and managers to work longer hours.
Explanation:
plz brainliest
BE happy nit sAD
Flextime is a work course of action in which employees can select the beginning and wrapping up times of their workday.
Disadvantages of flextime plans are:
Prevent communication between administration and staff. When planning gatherings, interviews, and training sessions, planning issues are unavoidable.
Make periods of understaffing. Flextime may not be open in adequate numbers to cover all necessary assignments if too numerous employees utilize it.
Make it challenging to screen representative hours. It can be challenging to track an employee's hours and make any doubt they are satisfying their commitments on the off chance that they are not pushed to clock in and out.
A rise in the possibility of staff burnout. Giving representatives more noteworthy control over their work-life adjustments through flextime can be a marvelous thought.
It is important to carefully consider the potential disadvantages before implementing a flextime policy for the employees.
Learn more about Flextime, here:
https://brainly.com/question/32151818
#SPJ6
Countries are better able to negotiate free-trade agreements because of the
existence of the which of the following?
A. World Trade Organization
B. Chicago Mercantile Exchange
C. Internal Revenue Service
D. Securities and Exchange Commission
Answer:
World Trade Organization
Explanation:
took the test
Which one of these financial administration tasks or concepts involves
tracking and monitoring revenue and expenses?
O A. Hiring
O B. Bookkeeping
O C. Selling
O D. Investing
Answer:
B
Explanation:
Bookkeeping
Van Hookie, Inc. issued bonds with a maturity amount of $200,000 and a maturity ten years from the date of issue. If the bonds were issued at a premium, this indicates that:________
a. the effective yield or market rate of interest exceeded the stated (nominal) rate.
b. the stated rate of interest exceeded the market rate.
c. the market and stated rates coincided.
d. no necessary relationship exists between the two rates
Answer:
c
Explanation:
If fruit vendors in India had consumed one less cup of tea per day and invested the money in their business, their income at the end of the day would have been _______ after thirty days.
Answer: Lesser
Explanation:
Despite it might not looks noticeable but shortage really affects production or business, especially when it's done consistently. The amount of reduction it would experience at the end of the month would be tremendous compared to the thought that it's just a little cup of tea.
Fixed costs can be defined as costs that:_______
a. a vary inversely with production.
b. vary in proportion with production.
c. are incurred only when production is large enough.
d. are incurred even if nothing is produced.
Answer:
d. are incurred even if nothing is produced.
Explanation:
The fixed cost is the cost which remains the same in the case when the production level is increased or decreased or same
Also if nothing is produced still the fixed cost is incurred
Like: rent, depreciation etc
This would remain the fixed . And also cannot be avoided
Therefore the correct option is d.
And other options are wrong
A tax exempt money market fund has an annual return of 3.82 percent. What is your equivalent taxable rate if you are in a 32 percent marginal tax bracket?
A) 3.15 percent
B) 3.38 percent
C) 5.62 percent
D) 6.11 percent
E) 6.81 percent
Answer:
C) 5.62 percent
Explanation:
Tax exempt rate = Taxable Rate * (1 - tax rate)
3.82 = Taxable Rate * (1 - 0.32)
3.82 = Taxable Rate * 0.68
Taxable Rate = 3.82 / 0.68
Taxable Rate = 5.617647058823529
Taxable Rate = 5.62%
At December 31, 2020, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $16,000. Instructions Journalize and post the adjusting entry for bad debts at December 31, 2020. Journalize and post to the allowance account the following events and transactions in the year 2020. March 1, a $1,900 customer balance originating in 2020 is judged uncollectible. May 1, a check for $1,900 is received from the customer whose account was written off as uncollectible on March 1. Journalize the adjusting entry for bad debts on December 31, 2020. Assume that the unadjusted balance in Allowance for Doubtful Accounts is a debit of $2,000, and the aging schedule indicates that total estimated bad debts will be $38,300.
Answer:
a. Journal Entry
December 31, 2020:
Debit Bad Debts Expense $16,000
Credit Allowance for Doubtful Accounts $16,000
To record bad debts expense.
b. Journal Entries:
March 1, 2020:
Debit Allowance for Doubtful Accounts $1,900
Credit Accounts Receivable $1,900
To record the write-off of uncollectible account.
May 1, 2020:
Debit Accounts Receivable $1,900
Credit Allowance for Doubtful Accounts $1,900
To record the reversal of the March 1, 2020 entries.
Debit Cash $1,900
Credit Accounts Receivable $1,900
To record the receipt of check from the customer.
c. Journal Entries:
Debit Bad Debts Expense $40,300
Credit Allowance for Doubtful Accounts $40,300
To record bad debts expense and bring the Allowance for Doubtful Accounts to a credit balance of $38,300.
Explanation:
a) Adjusting journal entries are recorded at the end of the accounting period to provide for accrued expenses and revenues, expense prepayments, and deferred revenue, including depreciation expense, thereby ensuring that the accounts are reported in accordance with the accrual concept.
The ________ technique fits situations where more recent events carry greater influence. a. dynamic forecasting b. moving average forecasting c. indexing d. static forecasting
Answer: a. Dynamic forecasting
Explanation:
Dynamic forecasting has to do with when the forecasted value or the predicted value of the dependent variable that us lagged in a research is used rather than using the actual value.
The dynamic forecasting technique fits situations where more recent events carry greater influence.
When the character playing Alice in Wonderland signed autographs and had her picture taken with guests at Disneyworld, it was an example of a(n):______
a. Customer action
b. Onstage contact employee action
c. Backstage contact employee action
d. Support process
e. Audience action
Answer: B. Onstage contact employee action
Explanation:
When the character playing Alice in Wonderland signed autographs and had her picture taken with guests at Disneyworld, it was an example of onstage contact employee action
Onstage visible actions by employees are referred to as the face-to-face contacts that the employees of an organization have with their customers while delivering the products. For the backstage contact employee action, those are not visible to customers.