As the owner of 100 shares of Megabux Corporation’s stock, Lara Sanders wants to know whether her company earned a profit or loss during the past year. She can find the answer to this by looking at Megabux’s:

Answer:

July 1, 2017

No journal entry required because no money or goods have been exchanged.

September 1, 2017

Dr Cash 2,040

Dr Accounts receivable 400

    Cr Sales revenue 1,621.37

    Cr Unearned revenue 418.63

sales revenue = [$2,040 / ($2,040 + $630)] x $2,440 = $1,621.37

unearned revenue = $2,040 - $1,621.37 = $418.63

September 1, 2017

Dr Cost of goods sold 1,130

    Cr Inventory 1,130

October 15, 2017

Dr Cash 400

Dr Unearned revenue 418.63

    Cr Accounts receivable 400

    Cr Sales revenue 418.63

Answer:

$195,751

Explanation:

Calculation for the project's expected operating cash flow

The first step will be to find the EBIT

using this formula

EBIT =(Earnings before interest, taxes, depreciation, and amortization -Depreciation expense)

Let plug in the formula

EBIT= 283,104 - 53,228

EBIT= 229,876

Second step is to find the NOPAT using this formula

NOPAT = EBIT(1- tax rate)

NOPAT= 229,876(1 - 0.38)

NOPAT= 142,523

Last step is to calculate for Expected Operating Cash flow

Using this formula

Operating cash flow = NOPAT + Depreciation expenses

Let plug in the formula

Operating cash flow = 142,523 + 53,228

Operating cash flow = $195,751

Therefore the project's expected operating cash flow will be $195,751

Answer:

Group buying platform

Explanation:

Group buying platform is also known as collective buying and is when the prices of goods and services are significantly reduced on the condition that a minimum number of buyers make purchase.

Usually there is a deal of the day displayed that is activated when the minimum number of buyers has been reached.

In this scenario Buyline has a promotional offer where buyers get a 60 percent discount on refrigerators if a minimum of 100 buyers agree to buy the product within 24 hours of the offer being announced.

This is a group buying platform

Complete question :

Sweeties, Inc., manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $369,000, $146,000, and $97,600, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $30,200, and work in process at the end of the period totaled $28,400.

Required:

(1) On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct materials.*

(2) On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct labor.*

(3) On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for factory overhead. (b.) On September 30, journalize the entry to record the transfer of production costs to the second department, Sifting.

Answer:

Kindly check explanation

Explanation:

1)

Account title - - - - - - - - Dr - - - - - - - Cr

Work-in - process(refining dept) - - $369,000 Dr

Direct materials - - - - - - - - - - - - - - $369,000 Cr

(2)

Account title - - - - - - - - Dr - - - - - - - Cr

Work-in - process (refining dept) -- $146,000 Dr.

wages payable - - - - - - - - - - - $146,000 Cr.

3)

Account title - - - - - - - - Dr - - - - - - - Cr

Work-in-process(refining dept) - $97,600 Dr.

Factory overhead - -- - - - - - - - - - $97,600 Cr.

B) Transfer of production cost to second department :

Work-in-process (sifting dept) - - - - $614,400 Cr.

Work-in-process (refining dept) - - - $614,400 Dr.

Beginning + (incurred / purchases) - ending

[$30,200 + $(369,000 + 146,000 + 97,600) - $28400] = $614,400

Answer:

i wouldnt be celebrating either

Explanation:

i certainly wouldnt feel joyous if my regulations were increasing

Answer:

Depreciation  expense = $575

Explanation:

According to International Accounting standards(IAS) 16 property plan and equipment (PPE), the cost of an asset is the purchase cost plus other costs of bringing it to the intended working conditions.  

Annual depreciation = (Cost - Scrap Value)/ Number of years

Cost of asset = 2500

Scrap value - 200

Estimated useful life = 4

Annual depreciation = (2500 - 200)/4 = 575

Depreciation  expense = $575

Answer:

Considering the stakeholders' perspectives.

Explanation:

Considering the stakeholders' perspectives is a step in developing a mission statement which requires that you to think about who is affected by your organization and how they might measure your success.

Generally, when the top executives or management are developing a mission statement, decisions, and goals, it is very essential and important that they ensure it is favourable to the stakeholders. Stakeholders can be defined as a group of people who have interest or shares in a business entity and are affected by the decisions of the company.

Hence, the stakeholders perspective needs to be considered at all times because they're part of the business and their actions can affect the success of the business.

Answer:

d.positive $25,200.

Explanation:

The computation of net present value for this investment is shown below:-

Year      Income From        Net Cash Flow         Present value

               Operations

1               $100,000                180,000                   163620

2              40,000                    120,000                   99120

3               20,000                   100,000                   75100

4               10,000                    90,000                    61470

5               10,000                    90,000                    55890

Total Cash inflow present value                            455,200

Initial cash outflow $430,000

Net present value $25,200

As we can see that the total cash inflow i.e $455,200 is greater than the initial investment is $430,000 that reflects the positive net present value i.e difference of $25,200 so the project should be accepted

Answer:

Social cost of market failure

Explanation:

Market failure is an economic situation in which an imperfection in the market mechanism prevents an optimal outcome.

The $1 billion cost of lead contamination intended for the medical care of those sickened by lead, plumbing repairs and reduced earnings of those affected is called social cost of market failure.

Whenever external benefits and costs exist, the market will not produce at the optimal outcome leading to social cost of market failure by an organization.

External costs are costs that are imposed without compensation on a third party.

Answer:

Biomimicry.

Explanation:

"Closed-loop" production seeks to integrate what is presently waste back into production. In an ideal situation, the waste of one firm becomes the resource of another, and such synergies can create eco-industrial parks. This principle is often referred to as biomimicry.

Biomimicry can be defined as a technological-oriented systems or model which is typically focused on the application of nature's elements or processes, and lessons into proper use for the purpose of solving real-life problems. Some examples of biomimicry are Tree-climbing robot mimics inch worms, Gecko climbing feet, Bird skull shoe, Armadillo backpack etc.

Answer:

Policy (SFIP), actually touches and damages NFIP-insured property. A loss caused

by a flood in progress at the time an SFIP comes into effect may be subject to the

flood-in-progress exclusion. If the SFIP was effective prior to the date the flood in

progress began, coverage will be effective. A flood is in progress on the earlier of

either the date the community in which the NFIP-insured property is located first

experiences a flood as defined in the SFIP, or on the date of an event initiating a

flood that directly or indirectly affects areas downstream or in a floodway.

70. Is damage caused by a flood in progress covered?

If a policy is in effect on the date the flood in progress begins, damage caused

by the flood in progress is covered, subject to the terms of the SFIP. If a policy

is effective after the date the flood is in progress, damage caused by the flood in

progress most likely will not be covered. However, each NFIP claim is adjusted

individually and the cause of any loss, and any applicable limitations or exclusion

in the SFIP, is determined during the claims adjustment process.

Explanation:

follow me plzzz

Answer:

Option A, Offer high-profit potential, is the right answer.

Explanation:

Option A, “Offer high-profit potential” is the current answer because the savings account provides a fixed interest rate and this interest rate is sometimes unable to match the inflation. However, the investments give high profits. Moreover, there is zero risks associated with the savings accounts but there may be the risk involved in the investments. For example, investment in mutual funds given high profit but also involves the market risk.

Answer:

The correct answer is "Economic union ".

Explanation:

So that they forming an Economic union.

Answer:

The correct answer is: Stock Price.

Explanation:

To begin with, those organization that are focus on making profits are the ones who have to work in order to ensure the fact of maximizing the wealth of is shareholders or its stock price so in that way when the price rises the money that will enter the company will be increase as well too. So that is why that the managers to the companies must focus on the task of improving the production and all the systems of the organization so that will mean that the company is trying to sell more and therefore to maximize its profits due to its primary goal.

Answer: Equity alliance

Explanation: Equity alliance may be explained as an allegiance or business partnership which occurs between two organizations whereby there is an exchange of product, ideas or vision such that both benefit. In the scenario above, Tesla motors are a vibrant technology startup which have proved their innovative edge in recent times, this prompted Toyota's investment decision inn Tesla so that he could tap into Tesla's technology bank and gain technical expertise required to grow. Toyota is coming with money, Tesla is giving out expertise.

Answer:

yes

Explanation:

Based on this scenario, it can be said that yes the attorney's actions are proper because the referral fee was reasonable. A standard referral fee percentage could be around 10% for a closed job, starting at around 2-5% for e-mail introductions and even up to 15-20% for referrals where the referrer deals alone with the client. As long as the referral fee is reasonable and the attorney is not taking advantage then his/her actions are proper and ethical.

Answer:

No

Explanation:

to determine if another 10% decrease in the price cause another 8% increase (no more and no less) in quantity demanded, we have to determine the price elasticity of demand.

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

8% / 10% = 0.8

demand in inelastic so a 10% reduction in price would lead to a less than 8% change in quantity demanded  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Answer:

d. fixed costs

Explanation:

The fixed cost is the cost which does not change if there is a change in the level of production i.e if the production level is increased or decreased it the fixed cost would remain the same as it is previous before

Therefore according to the given situation, since the fixed does not vary with the amount of firm output

Hence, option d is correct

Answer:

B.

Explanation:

Soft money can be defined as a money raised by party or committees that's not been regulated by the federal campaign finance. Such campaign contributions are not made within the federal law and thus are illegal to raise. These monetary contributions are used for party building activities such as electoral registration programmes. The origin of soft money dates back to the Watergate reforms.

In the given case, the monetary contributions were used for party-building expenses or generic party advertising. Thus this monetary contribution is known as soft money.

So, the correct answer is option B.

Answer:

D. The window washer was entitled to no recovery based on his status as an independent contractor.

Explanation:

The reason is that the employer is liable to have all safety measures in place to safeguard the employee from any type of injury at work. If despite all these safety measures, the employee gets injured then he is entitled to workers' compensation.

However, the employer is not liable to compensate independent contractors for accidents as the duty of care is not upon the employer in the case of independent contractors which means that the independent workers are obliged to take all necessary precautions to avoid any injury because it will not be compensated by the employer. Thus, the employer is not liable to compensate independent contractors and option D is correct.

Answer:

A.  noncash investing and financing​ (NIF)

B.  investing​ (I), decreases ​(minus​)

C.  financing​ (F), increases​ (+)

D. operating​ (O), decreases ​(minus​)

E.  operating​ (O), increases​ (+)

F.  operating​ (O), increases​ (+)

G. operating​ (O), increases​ (+)

H. operating​ (O), increases​ (+)

I.   operating​ (O), increases​ (+)

J.  operating​ (O), increases​ (+)

K.  financing​ (F), decreases ​(minus​)

L.  financing​ (F), decreases ​(minus​)

M. operating​ (O), increases​ (+)

N. investing​ (I), increases​ (+)

O. investing​ (I), increases​ (+)

P. investing​ (I), decreases ​(minus​)

Q. operating​ (O), increases​ (+)

R. financing​ (F), increases​ (+)

S. financing​ (F), decreases ​(minus​)

Explanation:

Operating Activities includes the Net Income and adjustments to the net income for (1) non-cash items previously included or deducted and (2) changes in working capital.

Investing Activities includes sale and investments in Property , Plant and Equipment items.

Financing Activities includes sale of ownership interest and aquisition of financing sources.

To answer this question, the cash flow from operating activities, cash flow from investing activities, and cash flow from financing activities are first as explained.

Cash flow from operating activities represents the revenue generated by a company's ongoing, routine business activity, such as manufacturing and selling things or providing a service to clients.

On a company's cash flow statement, cash flow from operating activities is the first section shown they comprise of net Income, as well as revisions to net Income for previously included or subtracted non-cash items and changes in working capital.

Cash flow from investing activities refer to the cash generated or expended on non-current assets that are expected to yield a profit in the future.

Capital expenditures, lending money, and the sale of investment securities are examples of cash flow from investing activities.

Cash flow from financing activities portion of a company's cash flow statement illustrates the net cash flows used to finance the business.

Examples of cash flow from financing activities include sales of shares, issue of debentures, and among others.

As a result of the above explanation, we have:

A. Acquisition of equipment by issuance of note payable = NIF

B. Purchase of long-term investment with cash = I-

C. Issuance of long-term note payable to borrow cash = F+

D. Increase in prepaid expenses = O-

E. Decrease in accrued liabilities = O-

F. Loss of sale of equipment = O+

G. Decrease in accounts receivable = O+

H. Depreciation of equipment = O+

I. Increase in accounts payable = O+

J. Amortization of intangible assets = O+

K. Purchase of treasury stock = F-

L. Payment of long-term debt = F-

M. Increase in salary payable = O+

N. Cash sale of land = I+

O. Sale of long-term investment = I+

P. Acquisition of building by cash payment = I-

Q. Net income = O+

R. Issuance of common stock for cash = F+

S. Payment of cash dividend = F-

Learn more here: https://brainly.com/question/5256701.

Answer:

Accrual method

Explanation:

As the average annual growth receipts is $27,000,000 which is greater than the $25,000,000 this amount reflects an exception due to which it cannot be applied for cash

Also the accrual method is also selected because it helps while subtracting the expenses instead of cash basis plus it also provides an accurate amount as compared with other methods. And, there is no need to maintain separate books for the purpose of tax

down the net income from the peak tax bracket.

Answer:

Inconsistent.

Explanation:

Services can be inconsistent because the real people who provide them may vary in their abilities and motivations, or even their moods, resulting in differences in perceived quality.

In Business and customer relationship management, the consistency of a service is solely dependent on the individual saddled with the responsibility of providing the service.

For instance, if Staff X isn't happy about something or is depressed, the staff is most likely to act lukewarm or annoying towards the service takers, therefore making the service inconsistent in comparison with other staffs and days.

Answer:

Blossom Company

Journal Entries:

Jan. 5

Debit Accounts Receivable (Rian Company) $4,600

Credit Sales Revenue $4,600

To record credit sales.

Feb. 2:

Debit 9% Note Receivable $4,600

Credit Accounts Receivable $4,600

To record the transfer.

Feb. 12

Debit Notes Receivable (Cato Company) $11,100

Credit Sales Revenue $11,100

To record the sale in exchange for 10% note.

Feb. 26:

Debit Accounts REceivable (Malcom Co.) $11,700

Credit Sales Revenue $11,700

To record sales on account, terms n/10.

Apr. 5:

Debit Notes Receivable $11,700

Credit Accounts Receivable $11,700

To transfer the balance to a 3-month 8% notes receivable

Apr. 12:

Debit Cash Account $11,285

Credit Interest on Notes Receivable $185

Credit Notes Receivable $11,100

To record full settlement of notes receivable.

Apr. 15:

Debit Notes Receivable $2,100

Credit Sales Revenue $2,100

To record the sale of goods and acceptance of 6-month 12% note.

Explanation:

Journal entries record business transactions for the first time.  The accounts to be debited and credited are identified and these are entered into the journal.  It is from the journal that postings are made to the general ledger.

Answer:

Seven

Explanation:

The correct answer to the given question is 7. The comedy club has a monopoly that is why the entrants are price discriminated and the maximum willingness to pay is charged by each customer. However the data shows that seven customers are willing to pay different prices for the entry to the comedy club. So the correct answer is 7 tickets which can be sold when price discriminating.

Answer:

The correct answer will be "more dependent on each other while revealing bottlenecks more quickly".  

Explanation:

Answer:

$100

Explanation:

The reason is that the minimum value that the buyer of the put option will have is its exercise price because if I have right to sell an asset with exercise price of $100 and the market value of the underlying asset goes below $100 say $90, then I will prefer exercising the option and will receive $100. But suppose if the market price of the underlying asset goes above exercise price and is say $110 then I will benefit by selling the product in the market by receiving $110 not by exercising the put option and receiving $100.

So we can see from the above scenario, the minimum price that the put option holder can get by exercising the put option is its exercise price, hence $100 is the right answer.

Answer:

Bank account reconciliation:

Bank account balance $7,053

+ Deposits in transit $1,897.15

+ Check charged by error $343

- Outstanding checks ($285.25)      

Reconciled bank account $9,007.90

Cash account reconciliation:

Cash account balance $6,823.90

+ Note receivable collected by bank $2,792

- Bank fees for printing checks ($57)

- Error on deposit slip ($50)

- Error on recording check ($36)

- NSF check ($465)                            

Reconciled cash account $9,007.90

Answer:

Human element; collusion.

Explanation:

In this scenario, Eric Hansen is a receiving clerk who has just been denied a raise. He has approached his subordinate, who is the new storeroom clerk, about diverting inventory to sell for personal gain. This is an example of the human element, which may lead to collusion.

Human element can be defined as a strategic technique for improving and dealing with the way or manner employees work together in a business environment in order to achieve greater organizational performance and accomplishments. Human element can be used to improve openness, sincerity and honesty among the the very many people (employees) working individually or together as a team in an organization.

In this case, when the storeroom clerk agrees to Eric's suggestion, this would lead to both of them diverting inventory to sell for personal gain. This is simply an act of collusion.

Collusion is an illegal cooperation or agreement between two or more people with an ulterior motive, for personal benefits.

Answer:

$100,000 and $2,500

Explanation:

The computation of the principal and the interest due at the end of the 6 months is shown below:

As we know that

Simple interest is

= Principal × rate of interest × number of months ÷ (total number of months in a year)  

= $100,000 × 5% × (6 months ÷ 12 months)  

= $2,500

The total amount would she paid is

= Principal + interest

= $100,000 + $2,500

= $102,500