1 point

10. In reviewing your account statement, you see a Balance Transfer Fee.

Based on the information you see in the statement, what would be the fee

if you transferred $3,000 from another credit card? *

Answer:

Kyei's weight = 38.5 kg

Explanation:

Given:

Kyei's brother's weight = 44.55 kg and 32.5 kg

Find:

Kyei's weight.

Computation:

⇒ Kyei's weight = Sum of Kyei's brother's weight / 2

⇒ Kyei's weight = [44.5 + 32.5] / 2

⇒ Kyei's weight = [77] / 2

⇒ Kyei's weight = 38.5 kg

Answer: Conservatism

Explanation: The conservatism concept can be ncept may be explained as an accounting principle which ensures that an organization tends to be very careful in handling its finances, with the conservatism concept, financial management often lean towards an approach which tends to play down future gains and concentrate more on potential chances of losses in the future. With such approach the organization tends to be very prudent in its financial management. In other words, conservatism shifts toward a tendency to understate its asset or income rather than overstate its asset.

Answer:

mostly food companies

Explanation:

food companies are basically struggling alot!

Answer:

1) social security taxes = (accumulated earnings - social security maximum) x 6.2% = ($139,370 - $128,070) x 6.2% = $700.60

2) medicare taxes = monthly earnings x 1.45% = $11,300 x 1.45% = $163.85

3) in order to calculate federal income taxes, I used the 2019 tables and allowance:

2019 allowance = $350 per person

monthly paycheck between $7,333 - $13,710

must withhold $1,198.46 plus 24% in excess of $7,333

federal income taxes under percentage method = $11,300 - $350 (1 monthly allowance 2019) = $10,950

$1,198.46 + [($10,950 - $7,333) x 24%] = $1,198.46 + $868.08 = $2,066.54

For 2020, there are no more personal allowances.

Answer:

did you mean red cross?

Explanation:

It is an international humanitarian organization established by Geneva Organization to provide medical care.

Answer:

Budgeted COGS = $134 x 3,550 units = $479,250

Actual COGS = $482,151.42, so the total variance was $2,901.42 U

                    Swain Company

                   Income statement

Total revenue                                       $603,500

COGS:                                              ($482,151.42)

Gross profit                                       $121,348.58

S&A expenses                                     ($54,500)  

Net profit                                           $66,848.58

Retained earnings = $65,000 + $66,848.58 = $131,848.58

Explanation:

retained earnings $65,000

total sales $603,500

number of units sold = $603,500 / $170 per unit = 3,550 units

selling and administrative expenses $54,500

materials quantity variance = (actual quantity - standard quantity) x standard price = $9,250 favorable. This means that the company used fewer materials than budgeted: -$9,250 = (actual quantity - 24,850) x $9

actual quantity used = (-$9,250 / $9) + 24,850 pounds = 23,822.22 pounds less

materials price variance = (actual cost - standard cost) x units purchased = $3,525 U. This means that the company paid $3,525 more for materials than it had estimated: $3,525 = (actual cost - $9) x 23,822.22 pounds

actual cost = ($3,525 / 23,822.22 pounds) + $9 = $9.148 per pound

*the only way 2 labor hurs x standard cost = $1, is that standard cost = $0.50

labor efficiency variance = (actual hours - standard hours) x standard rate = $6,725 = (actual hours - 7,100) x $0.50:

actual hours = ($6,725 / $0.50) + 7,100 = 20,550 hours

labor rate variance = actual hours x (actual rate - standard rate) = $4,025 = 7,660.42 hours x (actual rate - $12):

actual rate = ($4,025 / 20,550 hours) + $0.50 = $0.6959

fixed overhead budget variance = actual fixed overhead - budgeted overhead = $1,425 U = actual fixed overhead - $248,500:

actual fixed overhead = $248,500 + $1,425 = $249,925

actual fixed overhead per unit = $249,925 / 3,550 = $70.4014

fixed overhead volume variance = (actual hours - standard hours) x actual fixed overhead per unit = -$6,000 F = (actual hours - 3.5 hours) x $70.4014:

actual overhead hours = (-$6,000 / $70.4014) + 12,425 hours = -85.23 + 12,425 = 12,339.77 hours

Answer:

Enforce an effective patent system

Explanation:

Patent is defined as the government authority that bestows the full right and title of ownership to an investor in order to keep others away from making and selling such invention for a defined period of time.

The enforcement of effective patent system serves as incentives for optimal level of research and development as researchers feel recognized for their efforts and will be willing to do more as they know that inventions are now protected from duplication by others . Moreover , returns in investment are now guaranteed.

Answer:

Sole proprietorship

The sole proprietor(not creditors but creditor) bears all losses

Explanation:

Sole proprietorship is a form of business in which there is no legal difference between the owner and the business entity as both are one and the same. The term 'sole' connotes 'only' while 'proprietorship' connotes 'owner(ship)'; it is also referred to as individual entrepreneurship. This is because only the owner of the business (the proprietor) bears all the risks (losses, debts, legal actions etc) and benefits (profits, dividends etc) of the business venture. He owns all the assets of the business venture, debts as well as the legal actions (whether positive or negative); when business is faring well, he enjoys a handsome profit and when business is struggling, he also bears the brunt of it.

The special feature highlighted in the statement above is the reality that the "creditors" refers simply and only to the proprietor (the owner of the business); in which case, if the business fails, the proprietor does not have to bother about the backlash from creditors' pressures, legal actions etc. He is the sole bearer of the losses of the business venture.

Answer: $375,000

Explanation:

Given the following :

Selling price = $100

New variable cost per unit =$(70 - 10) = $60

New fixed cost = $150,000

Break-even point in dollars:

Fixed costs/Contribution margin ratio

contribution Margin Ratio

[(selling price per unit - total variable cost per unit) /selling price per unit]

= [($100 - $60) / $100]

$40 / $100 = 0.4 = 40%

Break-even point in dollars:

$150,000 / 0.4 = $375,000

Answer:Net working capital = $152,500

Explanation:

Net working capital = CA– CL

Where CA= Current Assets = Cash + Inventory + Accounts Receivable

and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes

CA=$54, 000 + $184,000 + $ 219,000 =$457,000

Current liabilities = Account payable + Notes payable + accrued wages and taxes

CL = $134,000 + $129,000 + $41,500 = $304,500

Net working capital = Current assets – Current liabilities

Net working capital = $457,000 – $304,500=  $152,500

Net working capital = $152,500

Answer:

I believe that it is A and C

Explanation:

Answer:

I believe that it is A and C

Explanation: on plato

Answer:

The present value is $537.78

Explanation:

Given

[tex]Future\ Value\ (FV) = \$20,000\\Time (T) = 50\ Years\\Discount\ Rate\ (R)= 7.5\%[/tex]

Required

The Present Value(I)

To calculate the present value, we simply apply the formula for future value;

[tex]FV = I *(1 + R)^T[/tex]

Substitute 20,000 for FV; 50 for T and 7.5% for R;

This gives

[tex]20,000 = I *(1 + 7.5\%)^{50}[/tex]

Convert percent to decimal

[tex]20,000 = I *(1 + 0.075)^{50}[/tex]

[tex]20,000 = I *(1.075)^{50}[/tex]

[tex]20,000 = I *37.19[/tex]

Divide both sides by 37.19

[tex]\frac{20,000}{37.19} = \frac{I *37.19}{37.19}[/tex]

[tex]\frac{20,000}{37.19} = I[/tex]

[tex]537.778 = I[/tex]

[tex]I = 547.78\ (Approximated)[/tex]

Hence, the present value is $537.78

The result of the changes in the new quantity demanded and supplied would be called as:

d). Excess supply

On the basis of the graph, the price of the good would:

a). They should fall.

Demand and Supply

Thus, options d and a would be the correct answer.

Learn more about "Demand" here:

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Answer:

first one: excess supply

second one: they should

Explanation:

Answer:

Following are the answer to this question:

Explanation:

Some information is missing in the question. So, the correct choices can be described as follows:

i) practicing international trade

ii) exporting products

iii) participating in globalization

Answer:

B. practicing international trade

C. exporting products

D. participating in globalization

Answer:

A late payment fee will be charged to her account.

Explanation:

As mandated by law one is expected to pay outstanding credit card balances within a 21 days period after which you may face additional charges and restrictions.

Since in Devon's case she forgot her credit card bill for up to three months her account would have already been charged a late payment fee from the very first month and this fee will continue to increase in line with the Credit CARD Act of 2009.

Answer:

manure that is from decayed plaint and animal matter, helps crops consume more nutrients.

Explanation:

organic manure is derived from decayed plant/animal matter. Inorganic manure, exclusively now referred to as fertilizers, are chemicals produced by controlled chemical processes. manure increases organic carbon in soil and thus leads to higher organic matter in soil. organic matter is the soil fertilities assessment index. If there is enough organic matter in the soil, there would be more microbe development, so crops will consume more nutrients from the soil.

hope this helped!

Answer:

Total Amount after 2 years = $13196.8

Explanation:

Data Given:

Amount of savings per year = $6400

Interest rate = 6.2%

Find Total Amount in account after 2 year:

Solution:

Lets consider it step by step.

Amount of money deposited in account after 1 year = $6400

After 2 years, we earn 6.2% interest on $6400,which is:

[tex]\frac{6.2}{100}\cdot6400= 396.8[/tex]

So, after 2 years, BEFORE the 2nd deposit, we have $6400 + $396.8 = $6796.8 in the account.

AFTER 2nd deposit of $6400, total amount we have in account is:

Total Amount = $6796.8 + $6400 = $13196.8

Answer:

Overheads $498,000 (debit)

Cash $498,000 (credit)

Explanation:

First calculate the Amount of Actual overhead incurred (overheads are indirect manufacturing costs)

Manufacturing overheads incurred = $498,000

Journal Entry

Overheads $498,000 (debit)

Cash $498,000 (credit)

This journal is different from that of recording applied overheads which is shown as follows :

Work - In - Process $ 96,000 (debit)

Overheads $ 96,000 (credit)

Overheads amount = ​80,000 × 120% = $ 96,000

Answer:

The paradox of value (also known as the diamond–water paradox) is the contradiction that, although water is on the whole more useful, in terms of survival, than diamonds, diamonds command a higher price in the market.

Explanation:

Answer:

Comet's E&P will decrease by $50,000 due to the exchange.

Explanation:

50 of Pam's shares are worth 50 x $1,000 = $50,000, since the corporation is redeeming them, it will do so by decreasing its earnings and profits (retained earnings account).

Generally when larger corporations buy back stocks (AKA treasury stocks), they will credit cash and debit treasury stocks, but since Pam's stocks are being retired, they are not going to be held as treasury stocks, therefore E&P must decrease.

Answer:

sole proprietorship.

Explanation:

An exclusive property can be defined as a business structure that is managed and owned by a single person, so there is no legal distinction between the owner and his company. This is a type of simple business structure, and is generally used by people who are starting some kind of enterprise.

Therefore, this is the most appropriate business form for the statement of the issue, since in this structure there is only a single owner in the company, which guarantees its sole responsibility for all profits, debts and losses inherent to the business.

Answer:

The most applicable choices in the order of importance are

C, B then A. Of course, they have to be applied at various stages of the acquisition.

Explanation:

C should have occurred (if possible) before the acquisition. Usually, when there is a major acquisition such as the one described above, it comes with good and bad tidings.

In some cases, especially one involving a large and efficient system like Coca-Cola, many positions become redundant.

In other cases, people are worried if their compensation will be affected. There are usually questions such as:

Thus, executing a survey of Honest Teas' employees to identify such sources of anxiety and conflict related to the acquisition with the goal to address them constructively, will help the change to be successful.

Option B is one strategy that ought to have been executed upon the conclusion and official announcement of the acquisition exercise. This is the most crucial and maybe the most important part of the acquisition/takeover process.

This is true especially if there is going to be changes in management,  communication styles, and the culture.  Other benefits of team building excercises are, it increases and or improves:

Option C: On the balance of probability, it is expected that when a bigger company like Coca-Cola acquires a smaller one, the process comes with a lot of benefits. One of such benefits is the payroll upgrade.

After all is said and done, it will serve to boost the motivation and morale of the staff if Honest Tea began to use Coca-Cola's payroll which is likely to be more robust.

Because Cocal-cola is an older, more experience and more global company, it is more likely to have more efficient reimbursement systems. If these are inculcated into the Honest Tea process, with adequate training on how to use it, it will also serve to ensure homogeneity of systems and operations which is critical to the success of an acquisition.

Cheers!

Answer:

Explanation:

Cash                        =8000

Prepaid rent           = 23,000

Land                       = 445000

Accounts payable                              = 12,000

Salaries payable                                  = 20,000

Retained earnings                              = 109,000

Dividends                    = 14,000

Service revenue                                   = 340,000

Salaries expenses      = 160,0000

Rent expenses             = 29,000

Utilities expenses         = 32,000

Net income = Service revenue - Salaries-Rent-Utilities-

=340,000-160,000-29,000-32,000 = 119,000

                                                       Journal

1.     Debit  Service revenue   - 340,000

      Credit income summary -                  340,000

2,    Debit Income summary -    221,000

      Credit Salaries expenses                              160,000

      Credit Rent expenses                                     29,000

      Credit Utilities expenses                                 32,000

3     Debit Income summary          119,000

      Credit retained earnings                                  119,000

4     Debit retained earnings          14,000

      Credit retained earnings                                   14,000

Answer:

b. Data collection

Explanation:

General Mills is only at the first stages of the market research process, which include: diagnosis of the problem, definition of the problem, and data collection.

General Mills has found that it's lost market share to its biggest competitor because the competitor decided to focus on a particular type of yogurt. This is Data collection.

Answer and Explanation:

1. The Preparation of schedule of cost of goods manufactured for the month is prepared below:-

Primare Corporation

Schedule of Cost of Goods manufactured

Particulars                                                             Amount

Direct Materials:

Beginning Raw Material                      $11,200

Add: Raw Material purchases

during the month                                 $32,000

Total Raw Material available              $43,200

Less: Ending Raw material                   $20,000

Raw Material used in production         $23,200

Less: Indirect Material included in

manufacturing Overhead                       $4,680  $18,520

Add: Direct labor                                                   $59,300

Add: Manufacturing overhead

applied to work in process                                    $87,100

Total Manufacturing Costs                                   $164,920

Add: Beginning Work In Process                           $56,000

Less:  Ending Work in Process                               $68,500

Cost of Goods manufactured                                $152,420

2. The Preparation of schedule of cost of goods sold for the month is prepared below:-

Primare Corporation

Schedule of Cost of Goods Sold

Particulars                                                             Amount

Beginning finished Goods Inventory                    $34,900

Add: Cost of Goods Manufactured                       $152,420

Goods available for sale                                        $187,320

Less: Finished Goods Inventory, Ending               $43,700

Unadjusted cost of goods sold                             $143,620

Add: Under-applied Overhead                               $4,100

Cost of Goods Sold adjusted                                 $147,720

(Under-applied overhead refers that there was less overhead applied that is Actual overheads are more than the overhead applied, thus adding to the cost of the goods sold)

Answer:

The premium payments of all the insured clients will cover the costs for the emergencies of the few who need it. The more people that pay premiums, the less likely each insured client will experience an emergency.

It is important for insurance companies to have a large number of people paying premiums in order to have the higher costs than the needy would have to be offset by the lower costs of the less needy.

If a risk pool is larger than it is, it is very helpful because it would make the premiums to be more stable as well as to be more predictable.

Pooling is very beneficial due to the fact that the cost of health care could be high and they could lead to significant costs. Risk pooling would help to ensure that those that are in need would be able to afford it when necessary.

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Answer:

Credit is usually less used than the cash and debit. The reason is that credits can help you build high balances, as it help you spend money which you currently don't have, which you may or may not be able to pay by the end of the month. If you are not able to pay by the end of the month, interest charges will be applied, and your financial hardships will easily grow.

If you have a checking account with enough cash, you simplify don't need to go for credit to avoid such a situation.

The use of cash is reducing day by day. The main reason is that you have to decide before leaving the house how much cash you should carry. If your wallet gets lost, money is gone. If you are at a shop and your money falls short, then you'll have to go to an ATM to withdraw some more. This may seem a lot of hassle for some, and to avoid that people prefer to go for Debit.

Debit is considered the most friendliest way of transaction.

You don't have to worry all about the interest rates and the bills you get at the end of the month by using Credit, because you are using your own money from your current account to pay for purchases.

You also don't have to worry about carrying cash with you all the time. If your debit card gets misplaced,  just report it and block it. You won't suffer any financial damage

Answer:

Credit union

Explanation:

A credit union is technically not considered a bank, unlike the other answer choices, because credit unions are not-for-profit. Banks, of course, take te money in checking accounts and use it for their own ends, but credit unions are just groups that provide mutual benefit to those who use them.

A down payment is usually what percentage of the asking price of a home is 5-20 percent. People take out a loan to cover the remainder of the purchase price of the Home.

A down payment is a sum of money given by a buyer at the beginning of the buying process for a costly item or service.

Because the down payment is only a portion of the total purchase price, the buyer will almost certainly need to borrow the balance.

Thus, option B is correct.

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Answer: B or 5–20 percent

A down payment is usually what percentage of the asking price of a home?

0–5 percent

√5–20 percent

20–50 percent

50–75 percent

Explanation:

Answer:

There are actually two answers to this question its a Yes and a No

Explanation:

The reason is some employees are realistic enough to be encourage by words WHILE some others believed to be encouraged by money but from my POV I think no