Liang Company began operations in Year 1. During its first two years, the company completed a number of transactions involving sales on credit, accounts receivable collections, and bad debts. These transactions are summarized as follows.Year 1Sold $1,354,900 of merchandise (that had cost $982,100) on credit, terms n/30.Wrote off $20,300 of uncollectible accounts receivable.Received $670,200 cash in payment of accounts receivable.In adjusting the accounts on December 31, the company estimated that 1.50% of accounts receivable would be uncollectible.Year 2Sold $1,584,300 of merchandise (that had cost $1,326,000) on credit, terms n/30.Wrote off $30,300 of uncollectible accounts receivable.Received $1,203,400 cash in payment of accounts receivable.In adjusting the accounts on December 31, the company estimated that 1.50% of accounts receivable would be uncollectible.Required:Prepare journal entries to record Liang’s Year 1 and Year 2 summarized transactions and its year-end adjustments to record bad debts expense.

Steven Landsburg makes the case in the Iowa car crop that growing automobiles in Iowa is comparable to exporting wheat from Iowa and export cars from Japan.

Exporting is the method by which businesses from one nation sell their products and services to clients or customers in another nation. Some sparkling wines can only be produced in the nation's Champagne area. This product is an illustration of France's comparative advantage because it can be produced anywhere in the world.

As businesses create new items for niche customers, entering export opportunities can increase turnover and creativity. By spreading out sales across several nations or regions, it can help lower risk exposure.

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When the economy is expanding too quickly, one method the Federal Reserve will slow things down is to b. purchase back government securities on the open market.

Federal Law Enforcement ammunition, such as this Federal Law 9mm Luger Cartridge 124 Grain Dragon Jacketed Hollow Point, is available online from Target Sports USA with free shipping on bulk ammunition.

The Terminal Ascent ammunition from Federal Premium reliably expands bullets at almost any distance. We are currently in the heyday of high-caliber shotgun shells for big-game hunting, as many others before me and I have stated.

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Operating Cash Flow=[tex]$114,340[/tex]

Operating Cash Flow = Operating Income + Depreciation – Taxes + Change in Working Capital.

Operating Cash Flow =$[tex]439,000,+ $32,000-34[/tex]%+$56,000=$[tex]366860[/tex]

[tex]366860/6%=$114,340[/tex]=[tex]114,340[/tex]

Operating cash flow is a metric for the revenue generated by a company's ongoing business operations (OCF). Operating cash flow demonstrates if a business can produce enough positive cash flow to support and develop its operations; if not, it may need outside money for capital growth. Since net income can be impacted by non-cash revenue and expense activities, operating cash flow may be a more accurate indicator of a company's financial health than reported net income. The first section of the statement of cash flows, which is a section of the financial statements, contains it.

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In the domestic market, following the imposition of an import quota, imports decrease, domestic production increase, and prices increase.

The domestic market can be referred to or considered as a type of market, wherein the maximum quantities are supplied within the economy, and the supplies from the foreign countries are significantly lower.

As the production is done within the economy, there is an ultimate increase in the domestic production levels, and a decrease in the number of imports made by the economy. As a result, the price of the goods and services also increases due to an increased domestic supply.

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From the following factors it has not been given as a reason for odd pricing was reduce shrinkage. The correct option is (a).

A pricing strategy known as odd pricing makes minute tweaks to the pricing structure in an effort to maximise profit.

The degree of control it affords you over your brand and price perception is the main advantage of odd even pricing. Understanding how different numbers "feel" to customers will help you create a more strategic marketing mix, which includes price.

It is predicated on the idea that consumers are calculation-phobic and will, as a result, only look at the first few digits of a price while making a purchase.

Therefore, from the following factors it has not been given as a reason for odd pricing was reduce shrinkage.

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Yes, you have to legally pay federal taxes, if you are earning salary from individual, income from investment and other incomes.

The federal taxes are levied on income, payroll, property, sales, capital gains, dividends, imports, estates and gifts as well as various fees. There are seven  federal taxes brackets 10%, 12%, 22%, 24%, 32%, 35% and 37%. Your tax bracket is determined by your filling status and taxable income.

The federal income tax is a tax on annual earnings for individuals, businesses, and other legal entities. All wages, salaries, cash gifts from employers, business income, tips, gambling income, bonuses and unemployment benefits.

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Provide water and have employees frequently provide it to customers to encourage them to moderate their alcohol consumption.

Your serving team represents your establishment, whether it is huge or small, quick casual or fine dining.

They are the ones who welcome and assist your customers on the front lines. As a result, you want them to receive the best training available to provide the highest level of customer service.

Positive relationships between your workers and your patrons can make the difference between repeat customers and those who never come back.

Let's look at how to train your team to serve drinks properly and provide customers a pleasant experience in this article. The proper training of your personnel is crucial since beverages are crucial in ensuring that your customers have a positive dining experience.

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If the deposited money in an account that pays an interest rate of 3. 8% compounded annually then the balance after 15 year is  $831.25.

Interest rates have an impact on borrowing costs and spending choices made by individuals and corporations. If interest rates were lower, more people might borrow money for a car, a house renovation project, or a mortgage for a new home, for instance.

The sum that the lender demands from the borrower in addition to the principal amount is known as the interest rate. Regarding the recipient, a person who deposits money in a bank or other financial institution also makes extra money due to the time worth of money, which is known as interest earned by the depositor.

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Gains and losses on the sale of long-term assets represent common items needing adjustment under the indirect method. The given statement is True.

By starting with net income and then adjusting it for cash operational activities before reaching an ending cash balance, the indirect method is a technique used in financial reporting. In order to create the statement of cash flows for an accounting period, the indirect technique requires accrual accounting data.

Regulatory organisations do not favour the indirect way of financial reporting since it does not clearly depict cash flows for a given time, despite the fact that most accountants prefer utilising it. Many accountants report the cash flow of a certain organisation using a format called the indirect method. This technique modifies net income to reflect the real amount of money a corporation has available.

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The monopolistically competitive market structure, which has some characteristics of both a monopoly and a competitive market. Both competitive and monopolistically competitive markets are easy to enter and exit in the market. The goods in a monopolistically competitive market is slightly variated or there is product-differentiation while those in competitive markets are homogenous.

Monopolistic competition is a sort of market structure in which numerous businesses are present in a given sector and make comparable but distinctive goods .

None of the businesses has a monopoly, and they all run their own businesses without taking into account what other businesses are doing .

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You should use online sales of  Video campaigns to stimulate interest in your products.

The sale or purchase of physical goods through the internet is known as e-commerce. the sale and purchase of services and digital commodities are also included in the definition of e-commerce. It basically pertains to an organization's internet sales. Online platforms and environments are utilized in online sales to exchange goods, services, or products. Online sales provide a lot of benefits over conventional marketing strategies, such as: lower start-up and maintenance expenses.  It is not necessary to rent high-street properties, pay retail staff, or respond to innumerable pre-sale inquiries.  Any company activity that takes place online is referred to as online business.  Offering services online or conducting business online are just two examples of the many ways that operating an internet business can be done.

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True - We can calculate the issue price of a bond as the face amount plus the total periodic interest payments.

The periodic desk, also known as the periodic desk of the (chemical) factors, is a rows and columns association of the chemical elements. it's miles broadly used in chemistry, physics, and other sciences, and is typically seen as an icon of chemistry. it's miles a photo method of the periodic regulation, which states that the homes of the chemical elements show off an approximate periodic dependence on their atomic numbers. The desk is split into four kind of rectangular regions known as blocks. The rows of the desk are called intervals, and the columns are known as corporations. elements from the equal group of the periodic table show comparable chemical traits.

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Answer: interest group, also called a special interest group, advocacy group, or pressure group, is any association of individuals or organizations, usually formally organized, that, on the basis of one or more shared concerns, attempts to influence public policy in its favor.

john's brother, phil, loaned him $10,000 to start his business. john didn't do too well and planned to file for bankruptcy. in may, he gave phil his car worth $8,000 to satisfy the debt. john filed his petition in november. after liquidation, if the car were included in john's bankruptcy estate, every unsecured creditor would have received 85% of the debt owing to him.  The transfer of the car to phil will not be a voidable preference

This preference cannot be changed, its not a voidable preference. John did not regard Phil's loan any differently or in a different manner from his other creditors.

When a debtor chooses to settle a debt right before declaring bankruptcy, whether in cash or by transferring assets, it constitutes a voidable preference.

In this instance, John gave Phil his automobile in May and he declared bankruptcy in November.

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Creosote inc. operates a plant—a "major source"—that emits hazardous air pollutants for which the environmental protection agency has set maximum levels of emission. The plant does not use equipment to reduce its emissions. Under the clean air act, this is most likely a Violation. The correct answer is A.

The Clean Air Act, protect public health and welfare and to regulate hazardous air pollutant emissions, while  The plant of Creosote. inc did not use equipment to reduce its emissions so its causing polution this is literaly violation to the the Clean Air Act.

The Clean Air Act, the primary federal law governing air quality in the US, aims to control and reduce air pollution on a national level. It was first adopted in 1963 and has subsequently undergone numerous modifications. It is among the country's first and most important contemporary environmental regulations.

The ability to regulate and reduce greenhouse gas emissions is given to the federal government, which is essential to the global effort to combat climate change. Furthermore, communities of color and low-income areas, which are typically the locations of polluting facilities, gain the most from rigorous controls.

Your question is incomplete but most probably your full question was:

Creosote Inc. operates a plant—a "major source"—that emits hazardous air pollutants for which the Environmental Protection Agency has set maximum levels of emission. The plant does not use equipment to reduce its emissions. Under the Clean Air Act, this is most likely

a. a violation.

b. not a violation because a "major source" is exempt.

c. not a violation because the plant does not use any equipment.

d. not a violation because the plant is not a mobile source.

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Restaurant managers collect and rate customer reviews from various online sources and then evaluate their opinions and sentiments. This scenario is referred to as social media monitoring.

Social media monitoring is the process of using social media channels to track, collect and handle information and data of certain individuals or groups, usually companies or organizations, to assess their reputation and see how they are perceived online.

Social media monitoring is also known as social media listening and social media measurement. Organizations use social media monitoring to reach customers and prospects for information gathering and front-end customer support. It is used to collect and collate data, especially by organizations looking for customer intelligence to determine current industry trends. This process is made easier - yet more tedious - due to free and readily available outlets, such as blogs, wikis, news sites, social networking sites, forums, video / photo sharing sites and message boards.

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McDonald's or KFC can be regarded as an example of a transnational corporation.

A transnational corporation can be referred to or considered as a corporation that has its operations in more than one country. However, the methods or practices of operations as per the local customs and traditions to better adapt with the local cultures. This helps in better and effective business operations across the countries of operations. For example, McDonald's, a transnational company, operates differently in the US and in India.

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Other things the same, if workers and firms expected prices to rise by 2 percent but instead they rise by 3 percent, then employment and production rise.

Inflation is the term used to describe when prices increase. Deflation is the term for when prices decrease. The relationship between pricing and customer purchasing power is also present. In general, the purchasing power of money decreases as price levels rise.

A higher predicted price level will result in a reduction in the output of goods and services and a shift to the left in the short-run aggregate-supply curve. The quantity of goods and services supplied rises at a lower predicted price level, which also moves the short-run aggregate-supply curve to the right.

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Because it is their primary job to reduce unemployment and enhance the educational system, state and local governments spend money on employment, income support, and education.

In order to expand on their official community plan, their role in guiding community growth, and their control over land use, local governments might start a community's economic planning initiatives. The following local government duties have an impact on planning and economic development: zoning and planning regulations, Taxation.

Increased government spending, according to Keynesian economics, improves aggregate demand and consumption, which results in increased production and a quicker exit from recessions.

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Yes, in order to lessen its transaction exposure, blades change the time of Thai imports.

Blades may change how it handles payments in order to lessen the risk associated with transactions in Thailand. ' Currently, Blades pays its rivals' Thai suppliers sixty days early. The dollar cost to Blades would decrease if the Thai baht depreciated during the next sixty days.

The trade-off arising from late payments to the Thai suppliers is that Blades is unable to use the costs and revenue denominated in baht to balance each other out. This is so that baht can be received and used when it is needed. As a result, Blades might need to hedge its risk more frequently.

With both Thai and British consumers, Blades has fixed-price exporting agreements for the ensuing two years. Additionally, the time of the ensuing inflows of foreign currency is known. Blades could benefit from long-term hedging strategies because they are particularly suitable for businesses that can predict with accuracy their future foreign currency payables or receivables.

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Implementation is the process through which the executive branch as well as its agencies convert legislation into customary practices and procedures.

By implementation, what do you mean?

The act of carrying out a plan, a methodology, or any other concept, idea, concept, description, guideline, or policy is known as implementation. As a result, for anything to eventuate, movement must come after any previous thinking.

What is the procedure for implementation?

In order to fulfil strategic goals and strategies, implementation refers to the process that converts plans and strategies into action. As critical as, if not more so than, your strategy is the execution of your strategic plan.

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The optimal order quantity will be  92.9

Inventory models deal with the time at which orders for certain goods are to be placed, and the quantity of the order.

Inventory models manage the time at which orders for specific merchandise are to be set, and the amount of the request. The examination issue concerns approaches to enhancing these choices, considering the cost of getting the merchandise, the cost of holding a unit in inventory, and the cost of deficiencies. Further developed inventory models manage circumstances in which there are limitations on creation offices, storage spaces, time and/or cash. For a considerable length of time, more exertion was centered around inventory models than some other area of use.

While there are many kinds of inventory, the four significant ones are unrefined substances and parts, work underway, completed products and support, fix and working supplies.

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According to the question the expected rates of return for the different types of capital used to finance the business is Debt financing.

Money is acquired and then returned with interest in debt finance. The most common form of debt financing is a loan. The company's activities may occasionally be constrained by debt finance, which can prevent it from exploiting opportunities outside of its core business.

Debt financing is the process by which a business raises capital by offering debt securities, most frequently taking the form of bonds or bank loans. Leverage in finance is a common term for this kind of financing. The corporation promises to pay back the loan and pays interest as a consequence of taking on extra debt.

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Cost of Job is 845:

Departmental overhead is given $ 42

Therefore, Total cost found given $ 12,370

Activity base overhead is given $108

and Total cost: $ 17,310

Job 845

Materials 7000

Labor     1,000

Milling overhead is explained below:

25 machine hours x $32 = $ 800

Finishing overhead is

35 labor hours x $102 = $ 3,570

Total cost: $ 12,370

Therefore from above calculations we can conclude that the total cost of job using a machine hour departmental with overhead for a certain milling department is Dollar 12,370 or $12,370.

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Interest Receivable$40      

Interest Revenue$40

The adjusting entry is shown below:

Interest receivable Dr $40      

To Interest revenue $40(Being the accrued interest is recorded)     

The computation is shown below:= $9,600 × 5 months × 1 months ÷ 12 months = $40

For recording this journal entry we debited the interest receivable as it increased the assets and credited the interest revenue as it also increased the revenues And the one month is taken from March 1 to March 31

Long-term bonds are one option for corporations to use for financing. Bonds address a commitment to reimburse a chief sum sometime not too far off and pay interest, typically on a semi‐annual premise. Bonds are typically issued concurrently to multiple lenders, in contrast to notes payable, which typically represent a single amount owed to a lender. Before the bonds reach maturity, these lenders—also known as investors—may sell them to another investor.

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If the fed wanted to expand the money supply as part of an antirecession strategy, it could buy U.S. securities on the open market .

Lower interest rates encourage investment, and more money in consumers' hands encourages them to feel wealthier and spend more, both of which are effects of an increase in the money supply.

The Fed has three options for boosting the money supply: bond purchases, a reduction in the reserve requirement ratio, or a reduction in the discount rate. The Fed has three options for reducing the (growth of the) money supply: sell bonds, increase the reserve requirement ratio, or increase the discount rate.

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The initial measurement of the right-of-use asset would be the amount paid, which in this case would be $30,000.

This is because the amount paid is a direct cost associated with obtaining the right-of-use asset and should be recorded as the initial measurement.

This initial measurement will then be amortized over the term of the lease.

An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit.

Assets are reported on a company's balance sheet. They're classified as current, fixed, financial, and intangible.

There are basically classified as short-term assets, financial investments, fixed assets, and intangible assets.

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The addition of retained earning of Nataro Inc is $116,505

Retained earnings are a company's cumulative net earnings or profits after dividend payments are deducted.

Formula for calculating the retained earning is:

RE = RE(o) + NI - D

where:

RE = retained earning

RE(o) =  beginning period retained earning

NI = net income

D = cash dividends

In the given problem:

sales = $675,000

cost = $337,000

depreciation expense = $81,000

interest expense = $50,500

Hence,

Gross income = sales - all expense

                       = 675,000 - (337,000 + 81,000 + 50,500)

                       = 206,500

Net income =  gross income - tax

                    = 206,500 - 23% x 206,500 = 159,005

Therefore, retained earning addition:

retained earning addition = RE - RE(o) =  NI - D

                                           = 159,005 - 42,500 = 116,505

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The plant doesn't employ machinery to lower its emissions. It's likely that this violates the clean air act. As a result, choice A is accurate.

The Clean Air Act, the primary federal law governing air quality in the US, aims to control and reduce air pollution on a national level. It was initially passed in 1963 and has since undergone multiple changes. It is one of the first and most significant modern environmental laws in the US. Each non-compliant vehicle or engine, each instance of tampering or the sale of a defeat device, and each day the violation persists are punished by civil fines of up to $45,268 for each infraction.

The Clean Air Act's newly added section 135 reiterates the agency's duty to control greenhouse gases and allots $87 million "to ensure that reductions in greenhouse gas emissions are achieved via use of existing authorities."

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-2.99% was the greatest percentage loss in total portfolio.

Subtract the purchase price from the current price and divide the result by the asset's purchase prices to determine the net gain or loss in the portfolio. The above method can be modified to determine a portfolio's percentage return. You will base your calculations on the overall value of your portfolio rather than the stock's acquisition price and market value.

A stock portfolio is a selection of equities you purchase in the anticipation of a profit. You can become a more robust investor by assembling a varied portfolio that spans several industries.

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Complete Question:

You'll now need to do some math to compute the percentage change in the value of your total portfolio. For each monthly statement, add up the value of the two funds to get your total portfolio value at the end of that month. Compute the month to month percentage change of the value of your portfolio by subtracting the beginning value from the ending value and then dividing it by the beginning value . What was the greatest percentage loss in your total portfolio?