Enrollment at Bayside College keeps going up, despite tuition and fee hikes to help cover the cost of new wind turbines installed on campus. These turbines generate enough power to serve the campus buildings and to sell to local business establishments. After reading about corporate social responsibility. you conclude:_________.

a. new technology such as wind turbines is a huge capital investment for a college. The effort demonstrates the high cost of environmental programs

b. although it is a trendy social cause, this effort is not showing good long-term social responsibility toward the students who will end up with sizeable future debt

c. this is a demonstration of corporate philanthropy

d. students are willing to pay the extra tuition in the short term because they believe that the means (the use of innovative technology) will justify the end (a better environment.

Answer:

Arianna's basis for loss $277,335

Arianna's basis for gain $308,,150

Explanation:

Calculation for Arianna's gain basis and loss basis

Since the original basis for loss on personal use assets that is been converted to either the business or the income producing use is the lower or lesser of the property's adjusted basis or fair market value on the date of conversion which means that the gain basis for the converted property will tend to be the property's adjusted basis on the date of conversion.

Arianna's basis for loss will be $277,335 (lower of $308,150 adjusted basis and fair market value of $277,335).

The amount of $30,815 that was been decline in value is a personal loss whichncan never be recognized for tax purposes this means that Arianna's basis for gain is $308,,150 (adjusted basis).

Answer:

Times interest earned ratio is 3.5 times.

Explanation:

The times interest earned (TIE) ratio refers to a measure of the ability of company to honor its debt obligation form the current income of the company. TIE is also refereed to as interest coverage ratio and it can be calculated using the following formula:

TIE = EBIT / Interest expense .......................... (1)

Where;

EBIT = Earnings before interest and taxes = $350,000

Interest expense = $100,000

Substituting the values into equation (1), we have:

TIE = $350,000 / $100,000 = 3.5 times

This indicates that the income of the company is 3.5 times greater than its interest expense.

Answer:

a) true

Explanation:

Answer:

Demron

Outsourcing welding or Purchasing a welding machine for in-house welding:

Cost of outsourcing:

Variable cost = $1.50 x 35,000 = $52,500

Fixed cost                                        45,000

Total outsourcing costs               $97,500

Cost of purchasing a welding machine:

Fixed cost =                          $13,500

Maximum Variable costs = $84,000

Total in-house cost =          $97,500

Maximum variable cost per weld

= $84,000/35,000

= $2.40

Explanation:

This problem of outsourcing welding activities of Demron Company or buying the welding machine to enable in-house welding is like a make or buy decision challenge.  The appropriate approach to tackling this challenge is to determine the total costs under each option.  The option that yields the greater outcome is chosen.  However, for Demron's case, a determination of the maximum variable costs that are acceptable for in-house option to be selected is made.  The level required for this determination is the level of costs that makes no difference between outsourcing and in-housing welding.

Answer:

The statement is false

Explanation:

Determining the profitability depends on market power. At a higher market power, the level of profitability will be high.

Conversely, a company operating in a system where its market power is low which results into inability to compete with other companies will cause a low probability.

Answer:

Dr Accounts Payable-Emma Co. $10,040

Cr Merchandise Inventory $184

Cr Cash $9,856

Explanation:

The Journal entry that Isabella Co. will make to record the payment for the merchandise if Isabella Co. pays within the discount period.

Dr Accounts payable-emma Co. $10,040

($9,200+$840)

Cr Merchandise inventory $184

(2%*$9,200)

Cr Cash $9,856

($10,040-$184)

Answer: Factee

Explanation:

This is a factorage transaction in which Justin will pay Miguel to act as an intermediary who will sell the baseball glove and receive a commission. That commission is known as a Factorage.

In a Factorage transaction, the intermediary being paid to sell the product is considered to be the Factor and the person who will pay for the product to be sold is the Factee. Justin in this scenario is paying for the baseball glove to be sold and so is the Factee.

Answer:

PV= $548.47

Explanation:

Giving the following information:

You will require $700 in 5 years. You earn 5% interest on your funds.

To calculate the initial investment, we need to use the following formula:

PV= FV/(1+i)^n

PV= present value

FV= future value

n= number of years

i= interest rate

PV= 700/(1.05^5)

PV= $548.47

Answer:

a. Premium

b. $1,018.34

Explanation:

a. For computing the present value we need to apply the formula which is shown in the attachment below:

Given that,  

Future value = $1,000

Rate of interest = 6.45%  ÷ 2 = 3.225%

NPER = 7 years × 2 = 14 years

PMT = $1,000 × 7.7% ÷2 = $38.50

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the present value is $1,069.53

Since the present value is more than the face value so the bond is currently sold at a premium

b. For computing the present value we need to apply the formula which is shown in the attachment below:

Given that,  

Future value = $1,000

Rate of interest = 7.36% ÷ 2 = 3.68%

NPER = 7 years × 2 = 14 years

PMT = $1,000 × 7.7% ÷2 = $38.50

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the present value is $1,018.34

Answer:

Using variable cost per unit method $20.15 per game

Using absorption costing $17 per game

Explanation:

Cost per game is ;

overhead allocation rate is $6

variable cost is $11

Fixed manufacturing overheads 16,200

Fixed selling and administrative cost 8,500

units sales in month of October is 1,700 units

Production units 2,700 units

Total Fixed Overheads 16,200 + 8,500 = 24,700

Overhead rate = 24,700/ 2700 = 9.15

Total cost per unit (Variable + Fixed) = $20.15 / unit

Answer:

budgeted costs for direct​ materials

budgeted direct manufacturing​ labor

budgeted manufacturing​ overhead

Explanation:

Direct materials costs are $4.00 per pool cue.

Direct manufacturing labor is $6.00​ per pool cue.

Manufacturing overhead is $0.84 per pool cue.

total budgeted direct materials = 22,000 x $4 = $88,000

total budgeted direct labor = 22,000 x $6 = $132,000

total budgeted manufacturing overhead = 22,000 x $0.84 = $18,480

The information about the beginning and ending inventories is not relevant to this question since it only deals with budgeted or estimated costs which may or may not differ from actual costs.

Answer: 1.68

Explanation:

From the question, we are informed that a proposed project has fixed costs of $47,000 per year and that the operating cash flow at 11,000 units is $69,000.

Ignoring the effect of taxes, the degree of operating leverage will be:

= 1 + ($47,000/$69,000)

= 1 + 0.68

= 1.68

Answer:

a.                                         Journal entries

                  Particulars                      Debit            Credit

Revenue: Addition to permanent     $510,000

endowment

Revenue investment income            $48,000

Revenue : increase in fair value        $8,000

of investment

Expenditure - subscription                                        $39,500

Fund balance                                                             $526,500

b. Statement of revenue , expenditure , and changes in fund balance

         Particulars                                     Amount

Revenue

Addition to permanent endowment     $510,000

Investment income                                 $48,000  

Increase in fair value of investment      $8,000

Total revenue                                          $566,000

Expenditure

Library subscription                               $-39,500

Net change in fund balance                $526,500

Beginning fund balance                             0          

Ending fund balance                             $526,500

c.                       Balance sheet

Assets

Cash                                         $8,500

Investments                              $5,18,000

Accrued interest receivable    $2,000

Total assets                             $528,500

Liabilities and fund balance

Liabilities

Accounts payable                                                $2,000.00  

Fund balance

Non spendable permanent   $510,000

fund principal

Assigned to library                 $16,500

($526,500 - $510,000)

Total fund balance                                               $526,500

Total liabilities and fund balance                      $528,500

Correct question;

When you work within an organization, you're typically not taught to

A. follow a supervised plan for managing your time.

B. act as your own supervisor.

C. act in ways that are derived from established procedures

D. identify yourself with your job or position.

Answer:

B. act as your own supervisor.

Explanation:

This is the case in most organisations today, because by providing supervisors for employees, the organization can achieve quality job performance.

Spervisors are needed in order to ensure job tasks are done properly. So as the saying goes, "when one works within an organization, you're typically not taught to act as your own supervisor.

Answer:

Bahama Cruise Lines

Journal Entries:

November 1:

Debit Cash Account $3,500,000

Credit 9% Notes Payable $3,500,000

To record the issue of a six-month note payable.

December 31:

Debit Interest Expense $52,500

Credit Interest Payable $52,500

To record the interest expense for the period.

Explanation:

a) With Bahama Cruise Lines borrowing $3.5 million on November 1 and issuing a six month, 9% note payable, the accounting entries are a debit to the Cash account for the cash received and a credit to the Note Payable account to establish the liability in the accounts.

b) Bahama Cruise Lines will accrue interest on the Note Payable for 2 months for the ending in order to comply with the accrual concept and the matching principle of generally accepted accounting principle.  The accrual basis for accounting for transactions requires that expenses are recognized when incurred and not when cash is paid.  The amount of the interest for the year is calculated as $52,500 ($3.5 million * 9%)/12 * 2.  This also accords with the matching principle which requires that expenses are matched to the revenues of the same period.

Answer:

The investigation division of OPR.

Explanation:

OPR stands for Office of Professional Responsibility. It is a section of department of justice whose task is to monitor any misconduct in the government departments. It is responsibility of OPR to find any allegations that result in misconduct in department of attorney. The OPR finds its cases through all except the own division. There will be chance of familiarity and self review threats in such monitoring.

Answer:

Hermes

Productivity (Gobs per worker)

2016    100

2036    120

Gobbledigook

Productivity

(Gobs per worker)

2016    80

2036    120

Initially, the number of tools per worker was higher in Hermes than in Gobbledigook. From 2016 to 2036, capital per worker rises by 4 units in each country. The 4-unit change in capital per worker causes productivity in Hermes to rise by a SMALLER  amount than productivity in Gobbledigook. This illustrates the effect OF CATCH UP which makes it POSSIBLE for countries with low output to catch up to those with higher output.

Explanation:

Hermes

Year Physical Capital Labor Force Output Productivity

(Tools per worker) (Workers) (Gobs of goo) (Gobs per worker)

2016    11    30      3,000  3,000/30=100

2036    15     30     3,600  3,600/30=120

Gobbledigook

Year Physical Capital Labor Force Output Productivity

(Tools per worker) (Workers) (Gobs of goo) (Gobs per worker)

2016   8   30   2,400 2,400/30=80

2036 12    30 3,600   3,600/30=120

Initially, the number of tools per worker was higher in Hermes than in Gobbledigook. From 2016 to 2036, capital per worker rises by 4 units in each country. The 4-unit change in capital per worker causes productivity in Hermes to rise by a SMALLER  amount than productivity in Gobbledigook. This illustrates the effect of CATCH UP which makes it POSSIBLE for countries with low output to catch up to those with higher output.

Answer:

Cash balance = $225,150

Explanation:

Cash balance can be calculated by calculating the difference of cash inflows and cash outflows

Cash inflow

Investment              $41,000

Borrowed                $25,000

Cash collection(w)  $327,800

Total Collection      $393,800

Less:

Cash outflow

Merchandise(w)      $131,300

Salaries paid           $27,100

Interest paid           $2,250

Insurance paid       $8,000

Total cash paid     $168,650

Cash Balance = Total Collection - Total Cash paid

Cash balance = $393,800 - $168,650

Cash balance = $225,150

Working

Cash collection = The partnership has not collected on $45,200 of its sales

Cash collection = Sales - 45,200

Cash collection = $373,000 - $45,200

Cash collection = $327,800

Merchandise = Tri Fecta still owes $38,700 on $170,000 of merchandise it purchased

Merchandise = $170,000 - $38,700

Merchandise = $131,300

Answer:

Depletion expenses Dr $1,500,000  

          To Accumlated depletion  $1,500,000

(Being the depletion expense is recorded)

Explanation:

The journal entry is shown below:

Depletion expenses Dr $1,500,000  

          To Accumlated depletion  $1,500,000

(Being the depletion expense is recorded)

For recording this we debited the depletion expense as it increased the expense and credited the accumulated depletion as it reduced the assets

The computation is shown below:

The purchase price is

= Aquired value ÷ estimated production

= $18,550,000 ÷ 74,200,000

= $0.25 per gallons

Now depletion allowance is

= current year production × purchase price

= 6,000,000 × $0.25

= $1,500,000

The appropriate journal entry to record the transaction is:

Debit Depletion expense $1,500,000

Credit Accumulated depletion $1,500,000

First step is to calculate the depletion rate

Depletion rate = Cost/Estimated size

Depletion rate = $18,550,000/74,200,000

Depletion rate = $0.25 per gallon

Second step is to calculate the depletion expense

Depletion expense = Depletion rate × Quantity extracted

Depletion expense = $0.25 × 6,000,000 gallons

Depletion expense = $1,500,000

Third step is to prepare the journal entry for Carter Co.

December 31

Debit Depletion expense $1,500,000

Credit Accumulated depletion $1,500,000

Learn more here:https://brainly.com/question/16922056

Answer:

There is no any form of contract between Mr. Smith and Ms. White

Explanation:

Based on the information given there is no contract between Mr. Smith and Ms. White reason been that Ms. White gave inadequate consideration .

Based on this inadequate consideration is not void because it can tend to make a contract between two parties unenforceable because of lack procedure defect when bargaining between two parties .

Answer:

Attending

Explanation:

There are four steps in the risk negotiation cycle that includes attending, sensemaking, transforming and maintaining.

While assessing and analyzing the forms of communication and the workers orientations with respect to identify the sources reflects the attending phase whether the employees attend the orientations and according to that the analyzed could be done

Therefore this is an attending phase  

Answer:

Journal Entries

1. A corporation issued 8,000 shares of $20 par value common stock for $192,000 cash:

Debit Cash Account $192,000

Credit Common Stock $160,000

Credit Paid-in In Excess of Par $32,000

To record the issue of 8,000 shares of $20 par value.

2. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $47,000. The stock has a $1 per share stated value:

Debit Retained Earnings $4,000

Credit Common Stock $4,000

To record the issue of 4,000 shares of $1 stated value.

3. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $47,000. The stock has no stated value:

Debit Retained Earnings $47,000

Credit Common Stock $47,000

To record the issue of 4,000 shares of no stated value.

4. A corporation issued 2,000 shares of $100 par value preferred stock for $247,000 cash:

Debit Cash $247,000

Credit Preferred Stock $200,000

Credit Paid-in In Excess of Par $47,000

To record the issue of 2,000 shares of $100 par value.

Explanation:

Shares can be issued at par value, above, or below par value.  When they are issued at par value, the Cash Account or Retained Accounts or Asset Account is debited, while the Stock account is credited.  If they are above par value, the difference in at par and above is credited to the Paid-in In Excess of Par account or Additional Paid-in Capital account.  When they are issued below the par value, the difference between cash received and the stock account is debited to Paid-in In Excess of Par account.

The stated value of a share is like the par value.  Some shares have no stated value and are recorded at whichever value is prevailing at the time of the issue.

Answer:

a. The common stockholders.

Explanation:

A company's retained earnings have a financing cost associated with them because retained earnings belong to the common stockholders.

Retained earnings can be defined as the accumulated profits or net income generated by an organization but are not distributed or given as dividends to the stockholders, rather are reinvested in to the business.

Generally, retained earnings are used to pay off debts, used for capital expenditures and working capitals.

Retained earnings represents the total stockholders' equity reinvested back into the company.

Explanation:

External factors can directly impact the revision of a traditional sector.

Considering the retail sector as an example, we can see how it was impacted by new technologies such as the insertion of commercial activities in an online environment.

New technologies such as the internet are tools for interaction and information exchange where companies can prospect customers and create relationship marketing that promotes greater value and positioning for a company.

For a retailer who wants to remain competitive, it is important to adapt to new ways of making sales, reinventing and updating their payment, delivery, sales and marketing processes and systems.

Answer:

$57,600

Explanation:

The computation of the increase in Piper's deferred income tax liability for this temporary difference is shown below:-

Purchase of voting Common stock of Betz inc. by Piper Corp.= ( Betz's reported earnings - Betz Paid Dividends ) × (Percentage of the voting Common stock of Betz inc.)

= ($720,000 - $240,000) × 40%

= $480,000 × 40%

= $192,000

Now, the rise in Piper's deferred income tax liability for this temporary difference is

Purchase of voting Common stock of Betz inc. by Piper Corp. × enacted tax rate

= $192,000 × 30%

= $57,600

Answer: 1.09

Explanation:

Coefficient of Variation (CoV) is calculated by the formula;

= [tex]\frac{Standard Deviation}{Expected Return}[/tex]

The Variance is given. Standard Deviation is;

= √Variance

= √0.02468

= 0.15709869509

Coefficient of Variation is therefore;

=  [tex]\frac{0.15709869509}{0.144}[/tex]

= 1.09096316037

= 1.09

Answer:

The correct answer is the option D: A negative real shock

Explanation:

To begin with, in the case presented where the economy has suffered from high inflation and unemployment rates then the most likely situation that could have happened before to explain this outcome is that the country and its economy were harmed badly by a negative real shock. This tend to happen when the aggregate supply is low and this one tends to decline rapidly affecting the economy in its whole due to the fact that the sellers are now producing less of the products and services and therefore the consumption and the real GDP decreases dramastically.

Answer:

Loan taken:                           58,320

Explanation:

We add up the beginning cash with the receipts and subtract the expenses.

Then, we compare agaisnt the mnimum required balance

Beginning Cash   34,000

Cash Receipts

Sales                    22,160

Total cash form operations: 56,160

Cash disbursements

S&A expense (w/o depreciations) 48,000

Ending Cash from operations 8,160

Minimum Balance:               66,480  

Loan taken:                           58,320

Answer:

$84

Explanation:

Calculation for the amount of cash in the fund before the replenishment for Pelcher Co.

Petty Cash $400

Less : Office Supplies ($110)

Less: Merchandise Inventory ($140)

Less :Miscellaneous ($70)

Add Cash Overage $4

Cash in Fund $84

Therefore the amount of cash in the fund before the replenishment for Pelcher Co will be $84

Answer:

The disadvantage of offering credit would be that Kate loses $125 on the sale of each $5,000 package.

$125 is 2.5% of $5,000

Her expected gain is shortened by $125 and now becomes (500 - 125 = $375).

Explanation:

The advantage of offering credit would be that immediate cash is provided, upon presentation of the sales receipts.