Sampson’s company recently was listed on the prestigious “World’s Most Ethical Companies” list thanks to scoring very high in one of the top five criteria that Ethisphere ranks businesses by, the “Culture of Ethics.” Based on this description, what does Sampson’s company MOST likely excel at?

$33,460  of the following adjusting entries will the company record at year-end.

A sale is an agreement between a buyer and a seller during which the seller exchanges money for the sale of physical or intangible products, assets, or services. There are a number of people involved in a sale. A sale, or a contract between a number of parties, such as the buyer and seller, can be thought of in larger terms.

Credit sales = $620,000

Accounts receivable = $340,000

Past due = $56,000

Credit balance = $2,700

Rate = 8 %

Rate = 24 %

solution

so here Not yet past due is = $340,000 - $56,000 -

Not yet past due = $284,000

and

past due = $56,000

so  Required provision is

Required provision = $284,000 × 8% + $56,000 × 24 %

Required provision = $36,160

and

Opening balance is $2,700

Required expense for year = $36,160 - $2,700

Required expense for year  = $33,460

so here

correct entry is

Bad Debt Expense Dr. $33,460    

Allowance for Uncollectible accounts Cr. $33,460

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There are 3 questions that need to be solved.

a. The debt-to-value ratio for Edwards construction is 1 (based on $6,750 company EBIT, market value of $67,000 and a WACC of 10%).

b. The equity value if the company's growth rate at 2% is  $18,562.5

The debt-to-value ratio if the company's growth rate at 2% is 0.784.

c. The equity value if the company's growth rate at 4%

The debt-to-value ratio if the company's growth rate at 4% is 0.576

EBIT stands for Earning Before Interest and Taxes. It is a common measure of a company's operating profitability. As its name suggests, EBIT is net income excluding the effect of debt interest and taxes. Both of these costs are real cash expenses, but they are not directly generated by the company's core business operations.

Now, let's answer the question.

a. From the question given

Market value = $67,000

WACC = 10%

EBIT = $6,750

Interest payment = Market value * WACC

= $67,000 * 10%

= $6,700

So, Cash flow to shareholders = EBIT - interest paid

= $6,750 - $6,700

= $50

Debt to value ratio = Total debt / Total value of firm

As there is no default, then total debt = total value of firm

So, the debt-to-value ratio of Edward's construction company is 67,000/67,000 = 1

b. the equity value and debt-to value ratio at growth rate 2%

EBIT for next year = EBIT + (1 + growth rate)

= $6,750 * (1 + 0.02)

= $6,885

Since there will be no risk the required return for any shareholder, then it will be equal as the return on company's debt.

Payment made to shareholders will increase by 2%

Value of equity = total assets - total liabilities

Value of equity = EBIT next year / (WACC - growth rate) - (EBIT / WACC)

= $6,885 / (10%-2%) - ($6,750 / 10%)

= 86,062.5 - 67,500

= $18,562.5

Debt to value ratio = total liabilities / (total liabilities + value of equity)

= $67,500 / (67,500 + 18,562.5)

= 0.784

c. the equity value and debt-to value ratio at growth rate 4%

EBIT for next year = $6,750 * (1 + 0.04) = $7,020

So, value of equity = total assets - total liabilities

= EBIT next year / (WACC - growth rate) - (EBIT / WACC)

= $7,020 / (10% - 4%) - ($6,750 / 10%)

= $117,000 - $67,500

= $49,500

debt to value ratio = total liabilities / (total liabilities + value of equity)

= $67,500 / ($67,500 + $49,500)

= $67,500 / $117,000

= 0.576

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A result of the stringent 21 st century accounting regulations enacted was B. they make accounting more complex.

Over time, accounting standards have become more stringent, and agencies and professional associations make sure that these regulatory rules serve the public's and businesses' best interests. These agencies assist businesses in comprehending the domestic and international legal requirements they must meet.

An organization is in regulatory compliance when it strictly complies with all applicable local, national, and international laws. Businesses may be subject to financial, fiscal, environmental, or business and tax code laws depending on their size and industry. However, why do financial services rank first among the industries most adversely affected by these regulatory laws?

As a result, accounting regulations have made accounting much more complex in order to ensure that companies abide by accounting best practices.

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Options for this question are:

Up to three standard deviations above or below the centerline is the amount of variation that statistical process control allows for natural variation.

As a result of the fact that people vary, when the same variable is measured for many persons, the measurements will change. The term "natural" or "genuine" variation is frequently used to characterize this and can be conceived of as individual-to-individual variance.

In accordance with the Empirical Rule, 99.7% of data that are found to have a normal distribution fall within 3 standard deviations of the mean. According to this formula, 68% of the data are within one standard deviation of the mean, 95% are within two standard deviations, and 99.7% are within three standard deviations.

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In case of demand curve There will be an upward movement along the demand curve for reserves.

What do you mean by Demand curve?

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We the cost of controlling emissions at a firm rises rapidly will be 8000.

q= 6000+ 100q² = 40

Now, we can find C

C(q)= 0+100+2q

C (40) = 0+100+2*40

C (40) = 8000

What is cost?

A cost is the worth of money that has been expended to produce something or provide a service and is therefore no longer available for use in production, research, retail, and accounting. In the case of an acquisition cost, the money spent on the acquisition is considered the cost.

What are the two main types of cost?

Costs come in two types: fixed and variable. Although fixed and variable costs have different effects on the business, both are crucial to its profitability.

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A clothing company that has been around for decades reflects sustainable competitive advantage. The appropriate response is option C.

A group of resources, traits, or skills that enable a firm to outperform its rivals in satisfying the demands of its customers are known as sustainable competitive advantages. The ability to copy or recreate sustainable competitive advantages is tough.

Three types of sustainable advantages may be identified: greater access to resources or consumers, scale in the targeted market, and limitations on rivals' alternatives.

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The preparation of a flexible budget for 4,000, 10,000, and 16,000 filing cabinets for the month of August, for Steelcase Inc. is as follows:

Steelcase Inc.

Month ending August 31

                                                 4,000      10,000       16,000

Variable costs:

Direct labor                         $24,000   $60,000    $96,000

Fixed Costs:

Supervisor salaries          $108,000  $108,000    $108,000

Depreciation                          6,500        6,500          6,500

Total fixed costs               $114,500    $114,500     $114,500

Total department costs  $138,500   $174,500     $210,500

A flexible budget adjusts the revenue and costs according to the activity level.

A flexible budget is the opposite of a static/planning budget, which does not change in accordance with the activity level.

In preparing a flexible budget, costs and revenues for different activity levels must be shown.

Direct labor per filing cabinet 20 minutes

Supervisor salaries $108,000 per month

Depreciation $6,500 per month

Direct labor rate $18 per hour

Direct labor cost per filing cabinet = $6 ($18/60 x 20)

Direct labor costs at different activity levels:

4,000 units = $24,000 ($6 x 4,000)

10,000 units = $60,000 ($6 x 10,000)

16,000 units = $96,000 ($6 x 16,000)

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If you currently own a stock, the Equilibrium is the price you would be willing to sell it for.

What is stock?

An investment that represents ownership in a piece of the issuing corporation is referred to as a stock, which is also known as equity. Shares, commonly referred to as units of stock, provide its owners a proportionate part of the company's assets and earnings based on the number of shares they own.

Stocks, which are often purchased and sold on stock exchanges, make up the majority of individual investors' portfolios. Trading in stocks must adhere to regulations set forth by the government to protect investors from deceptive practises.

Corporations issue stock to raise money to fund their operations, and the shareholder who holds those shares may be entitled to some of the company's assets and earnings.

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The correct option that is not associated with business risk is the letter D) changes in required returns due to financing decisions. We are supposed that these decisions were taken by the company owners, considering factors to mitigate possible risks. Therefore, in this case, do not represent a risk.

Instead, variability of demand, sales price, and operating costs are business risk factors that could cause uncertainty and possible losses if there are unforeseen and negative events.

It is the possibility that a company has financial losses or bankruptcy due to unforeseen internal or external events in the future. For this reason, organizations must establish permanent risk mitigation plans.

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Quick ratios would increases when inventory is sold on account for a price equal to itsoriginal cost.

Quick ratio  is one of the financial ratios used to measure the liquidity position of a company, project, investment center or profit center.

The special feature of this ratio from other Liquidity Ratios is that the Quick Ratio only takes into account cash and cash equivalent items for calculation and interpretation.

It ignores other items that may not be quickly converted to easy cash from the calculations.

For example, inventory is not included in the calculation because it takes so long to convert into cash. This ratio is sometimes called the Acid Test Ratio or the acid-test ratio but the meaning is still the same.

If the ratio is higher than one, it means that the current assets of the entity after deduction of inventories are higher than the current liabilities. This further means the entity can use current assets to pay off current liabilities.

Or we can say that the entity is financially sound on the basis of what this ratio tells us.

Likewise, if the ratio is lower than one, the entity may not be able to pay off its current liabilities using current assets. It can be said that the entity is not financially sound.

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A company's position or function as a market nicher in the targeted audience is one of competition.

The market is the total number of sellers and buyers in the territory or region under issue. The topic might include Earth as well as a number of other countries, areas, provinces, and regions. The dynamics of supply and consumption of the products determine the value, expense, and costs of goods traded.

A significant calamity, a financial crisis, or the deflation of a tall speculative bubble can all lead to a stock market decline. A important factor is the public's irrational worry following a stock market decline, which can lead to frenzy selling and more price declines.

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By switching workers between jobs, job rotation aims to increase a job's interest and motivation. All of the above are accurate according to the equity theory, with the exception of this: make sure the employees think the award is fair.

The systematic switching of personnel between jobs inside an organisation is known as job rotation, and it serves a number of human resources goals, including onboarding new hires, training staff, fostering career growth, and minimising job burnout. An atmosphere with changing assignments can foster fresh thoughts and ideas on the work being done by the organisation and may improve employee satisfaction. For instance, a nurse may alternate between posts on the maternity and geriatric wards, exposing her to varied problems and gaining experience in caring for a variety of patients. Some employers utilise the practise of job rotation to change the jobs that are assigned to their staff members over the course of their employment. This tactic is used by employers for a variety of reasons.

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the generally consistent behavioral patterns that people exhibit under a range of circumstances Personality.

word; tendencies are plural. a tendency to move, behave, or continue in a certain direction or toward a particular goal, outcome, or outcome: the propensity of falling objects to strike the ground. an affinity, predilection, or propensity towards something: an excessive tendency to chatter.

inclinations (For someone or anything) (to do something) When I'm anxious, I have a propensity to talk excessively. This illness has a propensity to contribute to the onset. When washed, this fabric has a propensity to shrink. a propensity toward something She seems to have a strong inclination to be cautious by nature.

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The overall wealth owned by the home and businesses is referred to as the demand for money. A number of variables, including income levels, interest rates, price levels (inflation), and uncertainty, have an impact on the demand for money.

Transactions: This sum of money is required to complete transactions. An economy's need for money for transactions rises along with both the overall volume and quantity of transactions.

Precautionary: To be safe, you should set aside this amount of money for future requirements that are unclear, including unforeseen medical costs. As the economy gets bigger, there is a greater need for money for protection.

Speculative: People also keep money on hand in order to take advantage of potential investment possibilities in the future. People would choose to invest than hard money with a speculative intent if the existing returns on financial goods were high.

The central bank of a country, such as the US Fed, regulates the amount of money available in that country's economy. The Federal Reserve may alter reserve requirements or use open market operations to alter the money supply.

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The only obligations that change proportionally with sales are accrued costs and accounts payable.

Why is sales strategy crucial?

Each sales team needs a sales methodology to help them cooperate toward the same objective—gaining more clients and closing more transactions. It serves as the foundation of effective selling since it provides answers to the "What to do" and "How to accomplish it" questions inside a sales process.

What steps comprise the sales process?

Here are the seven major steps in the sales process: prospecting, making contact, qualifying your lead, nurturing your lead, putting forth your offer, dealing with objections, and closing the deal.

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The tax multiplier is smaller in absolute value than the government expenditure multiplier because of decrease in taxes will be saved by households and not spent, and some portion will be spent on imported goods.

Thus, the correct answer is A.

А tаx is аn economicаl chаrge or аnother type of toll imposed on а citizen by а legislаtive brаnch to finаnce government expenditure аnd other public expenditures. In every country, tаx rаtes hаve been set b ruling governments thаt hаve to follow аll country citizens.

The tаx multiplier is smаller in аbsolute vаlue thаn the government expenditure multiplier becаuse the government expenditure аffects the totаl expenditure аnd tаxes through the multiplier.  The tаx multiplier аlso influences the disposаble income which аffects the overаll consumption level.

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Answer:

Explanation:

Helps to find things easily

Economics refers to education as a benefit received by a third party as a result of an economic transaction when they talk about how an individual obtains education. Education can improve a person's knowledge of the economy as a whole, which benefits third parties.

An externality is a word used in economics to describe a cost or benefit that is borne by a third party who has no influence over how it is calculated. Education is thought to produce a significant beneficial .

The economic benefits of education are widespread and do not just help the person. At every educational level, investing in education yields favorable public returns for governments. A benefit received by a third party as a result of an economic transaction is known as a positive externality.

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When a research study does not employ a representative sample of a target population, sampling bias—a sort of survey bias—occurs.

When a segment of the population of interest is not fairly represented in the sample, this is also known as exclusion bias. In the preceding example of the presidential election, this was true.

This kind of bias occurs when participants in study are more likely to exhibit certain features in respondents. In this instance, research participants provide their consent to take part. Volunteers are more likely to have an opinion on the subject under investigation.

In survivorship bias, the sample is concentrated on those who meet the requirements for selection. Those that fail are disregarded, which results in underrepresentation.

Non-response bias:

When a group of respondents declines to participate in a study or leaves during the study period, this is known as non-response, or participation bias. This may be as a result of the survey's length, the way the questions are organized, or the survey's sensitive subject matter.

Recall bias:

Recall bias occurs when survey participants' memories are inaccurate due to human memory limitations. By getting replies immediately after the event you're researching, you might be able to lessen recall bias. However, memory bias is often unavoidable and there is little you can do about it. Some responders might not remember certain events as well as others.

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By move list and promoting its stocks on a overseas inventory change, a corporation commonly attempts to accomplish: the ideal alternative is D.

The required details for stock exchange in given paragraph

A inventory change, securities change, or bourse is an change where stockbrokers and traders should purchase and sell securities, which include stocks of inventory, bonds and different monetary devices. Stock exchanges may offer centers for the difficulty and redemption of such securities and devices and capital activities such as the price of earnings and dividends. Securities traded on a inventory change encompass inventory issued through indexed companies, unit trusts, derivatives, pooled funding merchandise and bonds. Stock exchanges regularly characteristic as "non-stop auction" markets with shoppers and dealers consummating transactions via open outcry at a relevant vicinity which include the ground of the change or through the use of an digital buying and selling platform. To be capable of exchange a protection on a sure inventory change, the safety ought to be indexed there.

Usually, there's a relevant vicinity for report keeping, however exchange is more and more more much less connected to a bodily region as present day markets use digital conversation networks, which offer them benefits of improved velocity and decreased price of transactions.

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Complete question

5) By cross listing and selling its shares on a foreign stock exchange, a firm typically tries to accomplish which of the following?

A) improve the liquidity of its existing shares

B) increase its share price

C) increase the firm's visibility

D) all of the above

The practice of segmenting a client base into groups of people who are similar in particular aspects significant to marketing, such as age, gender, interests, and purchasing patterns, is known as customer segmentation.

Customer segmentation is a powerful tool that firms can use to more closely align their strategy and tactics with their customers and more effectively target them.

Since every customer is unique and every customer journey is unique, a single strategy frequently won't be effective for everyone. This is when consumer segmentation proves to be an effective strategy.

The subject of creating a marketing persona can also be introduced using these customer segmentation groupings.

This is because, in order for marketing personas to be effective, they must be closely related to the consumer groups that are often used to guide a brand's messaging, positioning, and efforts to increase sales.

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There are five dimensions that customers use to judge service quality. The willingness to help customers and to provide prompt service is  Responsiveness.

SERVQUAL is based on a set of five elements that customers regularly evaluate as being most important for service quality, regardless of the service industry. The dimensions of the SERVQUAL measurement instrument are as follows:

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The Worker Adjustment and Retraining Notification (WARN) Act requires that companies meet notice requirements of  60 days. Option A

Mass layoffs and qualified plant closings are now more likely to be announced in advance according to the Worker Adjustment and Retraining Notification (WARN) Act. To help employees and employers understand their rights and obligations under the terms of WARN, the U.S. Department of Labor has compliance support materials available.

Provides protection for workers, their families, and communities by mandating the majority of firms with 100 or more employees to notify affected parties about plant closures and mass layoffs 60 days in advance.

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Answer: C

Explanation:

Which of the following is not a mandatory characteristic of a management review of discussion and analysis (MD&A) engagement:

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The purchase and sale of government securities to fund government activities and alter the money supply involves Open-market operations

What do you mean by OMO?

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One of the core beliefs of Hoover is that the Republican Party should resist injecting government into business.

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The statement "managerial accounting can be described as the preparation and use of accounting information within the organization" is true.

Mаnаgeriаl аccounting is а brаnch of аccounting thаt provides finаnciаl informаtion to mаnаgers аnd other decision-mаkers within аn orgаnizаtion. This informаtion is used to decide how to аllocаte resources аnd mаnаge operаtions. Mаnаgeriаl аccounting jobs mаy include prepаring finаnciаl stаtements, creаting budget forecаsts, аnd performing cost аnаlysis.

Mаnаgeriаl аccountаnts cаn work for public or privаte compаnies, аs well аs for government organisations аnd not-for-profits. While the specific job description of а mаnаgeriаl аccountаnt will vаry from one organisation to the next, their duties аnd responsibilities often encompаss:

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Marshall plan gave 13 billion dollars worth of materials to European countries to stabilize their economies after WWII.

What is the marshall plan?

The Marshall Plan was a 1948 American effort designed to give Western Europe foreign assistance. After World War II, the United States gave Western European economies about $13 billion in economic recovery projects. Following the devastation of World War II, the United States launched a program known as the Marshall Plan, commonly referred to as the European Recovery Program, to aid Western Europe. It was passed in 1948 and offered more than $15 billion to aid in financing the continent's reconstruction operations. the increase in agricultural and industrial products throughout Europe; the re-establishment of stable currencies, budgets, and financial systems in each particular European nation; and the promotion of global trade within Europe and between Europe and the rest of the globe.

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