Answers
Answer:
$1,464,000
Explanation:
Note: The complete question set is attached as picture below
To determine the amount of cash payments to suppliers:
Particulars Amount
Cost of goods sold $1,575,000
Increase in inventory $72,000
Decrease in accounts payable -$183,000
Payment made to suppliers $1,464,000
Therefore, the amount of cash payments to suppliers is $1,464,000.
Related Questions
Determine the price in period 1 (the future) if 30 units of oil are consumed in period 0 (the present).
Answers
Answer:
$16.50
Explanation:
Note: The complete question is attached as picture below
We know that there is a total of 90 units of oil and 30 units is consumed in period 0.
So, in period 1, the consumption amount will be = 90-30=60 units.
So, Q1 = 192 - 8P
For 60 units, the price will be 60 = 192 - 8P
8P = 192 - 60
8P = 132
P = 132 / 8
P = 16.5
So, the price in period 1 is $16.50
a seller and a broker enter into a six month agreement where the seller agrees to pay a commission to the broker, regardless of who actually sells the property. What type of cotnract is this?
Answers
Answer:
exclusive right to sell
Explanation:
The exclusive right to sell is an agreement between the seller and broker in which the broker received the commission from the seller irrespective who actually sales the property
Therefore as per the given situation, since there is an agreement done between both the parties for 6 months and the same criteria is to be followed
So it is a exclusive right to sell
I found this off the internet: Government security agencies like the NSA can also have access to your devices through built-in back doors. This means that these security agencies can tune in to your phone calls, read your messages, capture pictures of you, stream videos of you, read your emails, steal your files … whenever they please
Answers
Answer:
Well isn't that just great. Well my family is crazy and there is always something going on. I bet we must be pretty fun to watch. XD. I can't imagine what the government thinks about my fam. And we are always joking about murder and stuff. I am prolly on some watch list for the crazy people.
Explanation:
My fam is just a bunch of funny crazy people.
A ten-year $2,000,000 bond is issued on January 1, 20xx with a 5% stated interest rated. Interest is paid semiannually on June 30 and December 31st. What is the amount that would be recorded as interest expense on June 30, 20xx (the first interest payment), assuming that no interest expense has been recorded since the bond was issued on January 1st
Answers
Answer:
the amount of interest expense as on June 30 is $50,000
Explanation:
The computation of the amount of interest expense as on June 30 is shown below
= Bond amount × rate of interest × number of months ÷ total number of months
= $2,000,000 × 5 months × 6 months ÷ 12 months
= $50,000
hence, the amount of interest expense as on June 30 is $50,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The main goals of an engineering ethics class if to memorize the professional codes of ethics as formulated by professional organizations like the NSPE.
a. True
b. False
Answers
Answer:
a. True
Explanation:
NSPE stands for National Society of Professional Engineers. It is a professional association or a professional society which represents the licensed professional engineers in the United States of America.
The NSPE code of ethics for the engineers are the guideline of their professional works with honesty and integrity. It teaches the engineers to perform their professional duty with high principles of the ethical conduct.
Thus the main objective of an engineering ethics class is to make the engineers learn about the ethical conducts in their profession and memorize them and practice while delivering work as a professional.
One unusual feature of the UCC is the so-called "battle of forms" concept, under which additional terms from the forms used by the merchants involved become part of their contract unless there is an objection on a timely basis. Read the attached opinion in J.W.S. Delavau, Inc. v. Eastern America Transport & Warehousing, Inc., which is from a Philadelphia case. What is your view of the decision that was reached by the court?
Answers
Answer:
The decision reached by the court was valid, in my view. Since the parties, Delavau, Inc. and Eastern Warehousing, Inc. had a valid contract in which they set out their understanding and agreement on the terms of their business relationship, the parties should follow the contract terms without distractions from pre-printed Form terms.
Having a formal contract is the only way to avoid the battle of forms.
Explanation:
The conflict involved a battle of conflicting forms. This battle of conflicting form, with different contract terms, occurred when Delavau, Inc. and Eastern Warehousing, Inc. exchanged contract terms, with Eastern's own small print terms on the reverse side its own receipts, which it wanted Delavau to comply with. That the court held that Delavau was not bound by Eastern's form terms was valid because their contract agreement specified the terms of their relationship, which cannot be negated by the form terms.
You want to send your alumni association $17 per month for a swimming scholarship. If your deposit earns 3.0% annual interest, compounded monthly, how much should be deposited one time?
Answers
Answer:
The amount to be deposited one time is $6,800.
Explanation:
This can be calculated using the following formula:
M = D * r ..................... (1)
M = Monthly amount to be sending to the alumni association = $17
D = Amount to be deposited one time = ?
r = Monthly interest rate = Annual interest rate / 12 = 3.0% / 12 = 0.03 / 12 = 0.0025
Substituting the values into equation (1) and solve for D, we have:
$17 = D * 0.0025
D = $17 / 0.0025
D = $6,800
Therefore, the amount to be deposited one time is $6,800.
A seller can create value in a customer relationship by nurturing the customer's trust and developing it into____.
Answers
Answer:
Loyalty.
Explanation:
This is seen in different forms in a human being. In an organisational or marketing setting, it is seen to be dicey and do not come by easily; as the quality of the commodity play also key role in getting a customer's loyalty. Such customers are seen to have good raport as good interaction principles and techniques have been used in getting a marketing approach that seem to have made them happy. This form of relationship can be seen to go beyond buying and selling as the customer can be seen to shower or receive other forms of kindness in the process.
Rabid Manufacturing Company has the following data:
Direct labor $145,000
Direct materials used 151,000
Total manufacturing overhead 208,000
Beginning work in process 26,000
Compute total manufacturing costs.
Total manufacturing costs $_________
Compute total cost of work in process.
Total cost of work in process $__________
Answers
Answer:
Total manufacturing costs $504,000
Total cost of work in process $530,000
Explanation:
Calculation for Total manufacturing costs
Direct labor $145,000
Direct materials used 151,000
Total manufacturing overhead 208,000
Total manufacturing costs $504,000
Calculation for Total cost of work in process
Direct labor $145,000
Direct materials used 151,000
Total manufacturing overhead 208,000
Beginning work in process 26,000
Total cost of work in process $530,000
Therefore Total manufacturing costs is $504,000 and Total cost of work in process is $530,000
How many jobs do retail sales support in the United States?
O 4 million
O 24 million
O 42 million
O 240 million
Answers
Answer:
Hey mate here's your answer ⤵️
42 million jobsThe retail sector continues to grow. Total retail sales (including motor vehicle and parts sealers) from 1 million retail establishments in the United States surpassed $5 trillion in 2017. The U.S. retail industry directly employs about 29 million people and supports more than 42 million jobs.
Hope it was helpfulllThe retail sales sector support 42 million jobs in the United States. Thus, the correct answer is option C.
What is retail sales?Retail sales are the sales of consumer goods, or final goods, by businesses to end users, and include both in-store and online sales. Products can be either durable (with a long expected shelf life) or perishable (such as groceries). Consumer goods include things like food, clothing, and furniture.
The retail industry is expanding. Total retail sales (including motor vehicle and parts sealers) from the United States 1 million retail establishments surpassed $5 trillion in 2017. The retail industry in the United States directly employs approximately 29 million people and supports over 42 million jobs.
Therefore, option C is correct.
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How the big crunch happen according to the steffen hawking?
Answers
Answer:
Before he passed away in March, theoretical physicist Stephen Hawking had published more than 230 articles on the birth of the universe, black holes and quantum mechanics. It turns out he had one more theory left in the locker.
On Wednesday, the Journal of High Energy Physics published the British scientist's final thoughts on the Big Bang, the leading theory for how the universe began. The new report, co-authored by Belgian physicist Thomas Hertog, counters the longstanding idea that the universe will expand for eternity. Instead, the authors argue the Big Bang had a finite boundary, defined by string theory and holograms.
Submit your project calculating the financial ratios of a publicly traded company. Be sure to follow WILL MARK BRANLIEST these guidelines:
• Identify the publicly traded company you selected.
• List the four financial ratio categories and the ratio you have chosen from each category.
• Show the data you used from the annual report and how you calculated the four financial ratios.
• Show the four ratios.
Answers
Answer:
what grade is this?
Explanation:
is the college???
What is one way investment consultants protect their clients’ money during periodic performance reviews?
Answers
Answer:
Investment consultants check that the portfolio manager's performance was based on skill investing in the agreed-upon stocks or sectors
Explanation:
because it is
In a bid to ensure that money is adequately channeled and client's finances are safe, investment consultant analyses the stocks and portfolio's in other to ensure they are based on the advise offered and agreed upon.
The investment consultant offers expert advise on profitable stocks and portfolio's which could be invested in. The portfolio manager handles and monitors client's investment and finances. Hence, the investment consultant and portfolio manager work hand in hand in other to ensure that the right stock is chosen and invested in.Therefore, investment consultant ensures that portfolio managers do not deviate from the agreement made.
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Why do company manager-owners smile when they ring the stock exchange bell at their ipo?A. An IPO's price goes up on the first day, generating guaranteed returns for investors. B. Manager-owners are freed of the burden of managing their company. C. An IPO reveals the value of the manager-owners' stake. D. Manager-owners receive their first stake in the company at an IPO.
Answers
Answer:
The correct option is C. An IPO reveals the value of the manager-owners' stake
Explanation:
The reason company manager-owners smile whenever they ring the stock exchange bell at their ipo which full meaning is INITIAL PUBLIC OFFERING is that it will show them the value of their owners stake which is the percentage of the value of the stock the manager own .
True or False: Capital budgeting, capital structure, and dividend policy decisions are important to managers and shareholders because their consequences can affect the amount, timing, and riskiness of the cash flows produced by the firm and its securities.
Answers
Answer:
I would go with true.
Explanation:
Shareholders want there shares to increase, so they would like the company to make good business decisions.
In an ideal world if you manage a companies budgeting and structure perfectly you would have no risk involved in the cash flow.
Hope I helped!
Doing business in the financial markets most fundamentally presupposes that _______ will be respected.
Answers
Answer:
Ideas
Explanation:
While doing the business in the financial market the fundamental thing that prior supposed is that of ideas which could be respected
With the ideas of an individual, the individual could accomplish their targets and if there is no ideas than it is impossible to accomplish their goals and objectives
Therefore the ideas would be the answer
The right of common shareholders to purchase their proportional share of any common stock later issued by the corporation is called a:
Answers
Answer:
Preemptive right
Explanation:
The right of common shareholders to purchase their proportional share of any common stock later issued by the corporation is called a Preemptive right. A preemptive right grants right to existing shareholders to buy some proportion of new shares at a price lower than market price
If $500 is invested at an annual interest rate of 8% per year, its future worth at the end of 30 years will be most nearly:_________. a. $1, 200 b. $1, 700 c. $5, 031 d. $15,000
Answers
Answer:
c. $5,031
Explanation:
The value of amount the dollar invested today is going to be worth in Future is known as its Future Value.
The Future Value is calculated using Time Value of Money techniques. Here i will specifically use a financial calculator as below :
PV = - $500
I = 8%
N = 30
PMT = $0
P/YR = 1
FV = ?
Inputting the values as shown gives a Future Value of $5,031
The future worth at the end of 30 years will be most nearly be c. $5, 031
DVC stock has a required return of 25%. The expected market return is 15% and the risk-free rate is 5%. What is the beta of the DVC stock
Answers
Answer:
2
Explanation:
As per CAPM, Required Return = Risk Free rate + (Market Return - Risk Free Rate ) * Beta
25% = 5% + (15%-5%)*Beta
25% = 5%+10%*Beta
25% - 5% = 10%*Beta
Beta = (25%-5%)/10%
Beta = 20% / 10%
Beta = 2
Thus, the beta of the DVC stock is 2
The Federal Reserve mandates that banks must keep a certain percentage of money on hand at particular times. What is this referred to as?a. Reserve requirementb. Mandated moneyc. M1d. Ratio of reservatione. M3
Answers
Answer:
a. Reserve requirement
Explanation:
As we know that the bank must hold the money percentage of the deposits made in cash as per the federal reserve so the same we called as a reserve requirement.
It is mandatory to keep the specific percentage for particular times
Therefore as per the given situation, the option a is correct
And, all the other options are incorrect
If the dividend yield for year 1 is expected to be 5% based on a stock price of $25, what will the year 4 dividend be if dividends grow annually at a constant rate of 6%
Answers
Answer:
$1.33
Explanation:
Calculation for what will the year 4 dividend be
Using this formula
Year 4 dividend=[(Expected dividend yield×Stock price)×(1+Constant rate )]
Let plug in the formula
Year 4 dividend = [(.05 × $25) × (1+0.06)]
Year 4 dividend=(.05 × $25) × 1.06
Year 4 dividend=1.25×1.06
Year 4 dividend= $1.33
Therefore what will the year 4 dividend be if dividends grow annually at a constant rate of 6% is $1.33
A task has an optimistic completion time of 4 days, a most likely time of 10 days, and a pessimistic time of 13 days. The expected task duration is:
Answers
Answer: 9.5 days
Explanation:
The following can be deduced from the question:
Optimistic Time (To) = 4 days
Most likely Time (Tm) = 10 days
Pessimistic Time (Tp) = 13 days
Expected Task Duration (Te) will then be calculated as:
= (To + 4Tm + Tp) / 6
= (4 + 4×10 + 13) / 6
= (4 + 40 + 13)/6
= 57 / 6
= 9.5 days
To record estimated uncollectible accounts using the allowance method, the adjusting entry would be a
Answers
Answer:
Bad debt expense
To Allowance for doubtful accounts
(Being the bad debt expense is recorded)
Explanation:
The adjusting entry using the allowance method for recording the predicted uncollectible account is as follows:
Bad debt expense
To Allowance for doubtful accounts
(Being the bad debt expense is recorded)
Here the bad debt expense is debited as it increased the expenses and credited the allowance for doubtful account as it decreased the assets
Therefore the above represent the bad debt expense
OneChicago has just introduced a single-stock futures contract on Brandex stock, a company that currently pays no dividends. Each contract calls for delivery of 1,000 shares of stock in 1 year. The T-bill rate is 6% per year. a. If Brandex stock now sells at $120 per share, what should the futures price be
Answers
Answer: $127.20
Explanation:
Based on the scenario in the question, if Brandex stock now sells at $120 per share, the futures price would be:
T-bil rate = 6%
Stock Price = $120
Future price = $120 × (1 + 6%)
= $120 × (1 + 0.06)
= $120 × 1.06
= $127.20
Marigold Corp. constructed a building at a cost of $13600000. Weighted-average accumulated expenditures were $5700000, actual interest was $560000, and avoidable interest was $280000. If the salvage value is $1110000, and the useful life is 40 years, depreciation expense for the first full year using the straight-line method is $326250. $319250. $347000. $461750.
Answers
Answer:
$121,750
Explanation:
Cost of the building = 13600000
Average accumulated expenses = 5700000
Actual interest = 560000
Avoidable interest = 280000
Salvage value = 1110000
Life in years = 40 years
Depreciation expenses for 1st full year = {(Average accumulated expenses + Avoidable interest) - Salvage value} / Life in years
Depreciation expenses for 1st full year = (5700000 + 280000 - 1110000) / 40
Depreciation expenses for 1st full year = 4870000 / 40 years
Depreciation expenses for 1st full year = $121,750
Satellite Systems modified its model Z2 satellite to incorporate a new communication device. The company made the following expenditures:
Basic research to develop the technology $3,900,000
Engineering design work 1,180,000
Development of a prototype device 590,000
Testing and modification of the prototype 390,000
Legal fees for patent application 79,000
Legal fees for successful defense of the new patent 39,000
Total $6,178,000
During your year-end review of the accounts related to intangibles, you discover that the company has capitalized all the above as costs of the patent. Management contends that the device represents an improvement of the existing communication system of the satellite and, therefore, should be capitalized.
4. value:
1.92 points
Required information
Required:
1. Determine the amount Satellite Systems should capitalize to the Patent account in the balance sheet.
5. value:
1.92 points
Required information
2. Determine the amount Satellite Systems should report as research and development expense in the income statement.
Answers
Answer: See explanation
Explanation:
a. Determine the amount Satellite Systems should capitalize to the Patent account in the balance sheet.
This would be:
Legal fees for application of patent = $79,000
Add: Legal fees for successful defense of new patent = $39000
Total cost = $79000 + $39000 = $118,00
b. Determine the amount Satellite Systems should report as research and development expense in the income statement.
This would be:
Basic research in developing technology = $3,900,000
Add: Engineering design work = $1,180,000
Add: Development of prototype device = $590,000
Add: Testing and modification of prototype = $390,000
Total = $6,060,000
Mark this question Brian discussing the financial position of his company with Mike, who is interested in acquiring Brian's company, is an example of which of the following? A. Managerial accounting B. Investment accounting C. Financial accounting D. External accounting
Answers
Answer:
B. Investment accounting
Explanation:
Investment accounting focuses on the management of assets of the business. this also includes valuations when considering a sell, a merger or acquisition of the business.
In this question, Mark wants to acquire Brian's company so he is making an investment decision.
The given situation represent the Financial Accounting
The following information should be considered;
Financial accounting means the process of identifying, classifying, recording, summarizing, analyzing & reporting the financial information of an entity to all the stakeholders of the company.So, in the given situation, it is the financial accounting example.
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A collaborative selling environment makes the sales pitch more challenging for salespeople.
O True
O False
Answers
Answer: True
Explanation:
Collaborative selling simply refers to a sales approach whereby both the buyer and seller collaborate that is, work together in order to get a convenient and suitable purchase.
It should be noted that a collaborative selling environment makes the sales pitch more challenging for salespeople. Therefore, the answer is true.
At her death Serena owned real estate worth $210,000 with her spouse in joint tenancy with the right of survivorship. Serena contributed $50,000 to the original cost of the property and her spouse contributed the remaining $100,000. What amount, if any, is included in Serena's gross estate?
Answers
Answer: $105000
Explanation:
From the question, we are informed that Serena owned real estate worth $210,000 with her spouse in joint tenancy with the right of survivorship when she died and that she contributed $50,000 to the original cost of the property and her spouse contributed the remaining $100,000.
The amount, that will be included in Serena's gross estate will be:
= $210,000 × 50%
= $210000 × 0.5
= $105,000
It should be noted that only 50% will be included since she owes the property with her spouse in joint tenancy.
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End of Semester Test:
ПВА
6
Select the correct answer.
Stears Corp. paid interest on loan of $3,500 by check. What will the entry in the journal of the company be?
OA. Interest on Loan account (debit) Cash in Bank account (credit)
ОВ. .
Cash in Bank account (debit) Interest on Loan account (credit)
Ос. .
Interest on Loan account (debit) Loan account (credit)
OD.
Loan account (debit) Interest on Loan account (credit)
OE.
Loan account (debit) Cash in Bank account (credit)
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Answers
Answer:
Explanation:
the awners is b because it shows understaing of what people do