As stated in the preceding statement Identical stock or both with an activity are 2, respectively.
What drives stock purchases?A beneficial component of your financial portfolio may be stocks. You may increase your savings, shield your funds from devaluation and taxes, and increase the return on your assets by purchasing stocks in a variety of firms. It's critical to understand that there are dangers associated with stock market investment.
Which are the 6 different stock types?Peter Lynch categorized equities into six groups asset plays, cyclicals, mainstays, rapid growth, and slow growers. Peter Lynch, a renowned stock market investor, classified stocks into six groups: asset plays, cyclicals, mainstays, rapid growth, and slow growers.
Briefing:max(st-x,0)+max(x-st,0)-C-P
= 60-50+0-3-5=2
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E11-8 Recording Treasury Stock Transactions and Analyzing Their Impact [LO 11-2, LO 11-3]
[The following information applies to the questions displayed below.]
The following selected transactions occurred for Corner Corporation:
Feb. 1 Purchased 550 shares of the company’s own common stock at $35 cash per share; the stock is now held in treasury.
July 15 Issued 175 of the shares purchased on February 1 for $45 cash per share.
Sept. 1 Issued 135 more of the shares purchased on February 1 for $30 cash per share.
The material listed below is relevant to the questions shown below. The Corner Corporation underwent the following particular transactions. acquired 550.
The Corner Corporation underwent the following particular transactions Feb. 1 400 shares of the company's common stock were bought for $20 in cash each. The material listed below is relevant to the questions shown below. For Corner Corporation, the chosen transactions listed below happened.
Treasury Shares are issued shares whose effects on stock transactions are being examined. the Corner Corporation experienced the following specific transactions, 400 shares of the company's common stock were purchased on February 1 for $20 in cash each. the part that stock plays in a company's financing. Corporate Ownership, item 11-3 The main benefit.
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management effectiveness ratios measure overall company performance and show how successfully management is at running the business. true or false?
True, management effectiveness ratios measure overall company performance and show how successfully management is at running the business.
Which ratio evaluates the total return on the assets of the company?Return on Assets Totals (ROTA), One approach to gauge the size of a company is to look at its total assets. This ratio gauges how effectively general management can use all of the company's resources to produce profits.
What metrics are used to assess how well a company manages its resources?The inventory turnover ratio, asset turnover ratio, and receivables turnover ratio are efficiency ratios. These ratios gauge a company's capacity to manage its assets and how effectively it uses them to produce revenue.
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if a new technology was created to help farmers grow more crops, which of the following economic systems would be least likely to use it?
However, economists recognise six primary roles for governments in market economies. Governments maintain competition, offer public goods and services, redistribute income, account for externalities, and stabilise the economy in addition to providing the legal and social framework.
Pure command economy: what is it?
There is no private sector in a command economy because all companies are owned by or under the supervision of the central government. Government officials establish national economic priorities in a command economy, such as when and how to promote economic growth, how to share resources, and how to disperse the produce.
What are the four primary economic system types?
Every economy operates under a certain set of conditions and presumptions. Traditional economies, command economies, mixed economies, and market economies are the four primary types of economic systems.
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a(n) is an individual who believes in lower taxes, less government regulation, and less government involvement in the economy.
The top 7 taxing states (or legal jurisdictions) for personal income in 2021 are: Oregon: 9.9%, Minnesota: 9.85%, District of Columbia: 8.95%, New York: 8.82%, Vermont: 8.75%, Lowa: 8.53%, Wisconsin: 7.65%
Which tax rates are the lowest?
Image for reduced taxes
Seven states, including Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Washington, and Wyoming, do not impose a personal income tax.
What would an economy be without rules from the government?
A market economy is a form of economic system in which supply and demand, rather than government intervention, control the economy. An economy with a fully free market is one in which every resource is privately held.
What role does government have in the economy?The government:
( 1 ) Establishes the political, social, and legal foundation for the economy.
( 2 ) Keeps there to be competition in the market.
( 3 ) Delivers public services and products.
( 4 ) Re-allocates revenues.
( 5 ) Adjusting for externalities.
( 6 ) Adopts specific measures to stabilize the economy.
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A company issued 6.0%, 5-year bonds with a par value of $80,000. The market rate when the bonds were issued was 7.0%. The company received $76,673.36 cash for the bonds. Using the effective interest method, the amount of interest expense for the second semiannual interest period is: Skipped Multiple Choice Ο $2,693.49. Ο $2,400.00. Ο $2,683.57. Ο $5,377.06. Ο $4,800.00.
Using the effective interest approach, the second semiannual interest period's interest expense comes to $2,683.57.
What distinguishes effective interest methods from one another?
Simply because it is more exact from period to period than the straight-line approach, which amortizes the same amount over each period, the effective interest way of amortizing a bond is thought to be better than the straight-line method.
The effective interest rate is the percentage that accurately reduces anticipated future cash flows to either the gross carrying value of a financial asset or the amortized cost of a potential burden (as defined in Appendix A of IFRS 9)..
Briefing:
Time period = 5 years
Par value =$80,000
Interest rate = 6%
Issued rate = 7.0%
Received cash for the bonds = $76,673.36
=$76,673.36 × 7.0%
= $460,040.16
For semi annual, it is
= $460,040.16 ÷ 2
=$2,683.57.
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Which of the following is likely to happen to the demand curve for reserves if the federal funds rate increases, everything else remaining constant?
A. There will be an upward movement along the demand curve for reserves. B. The demand curve for reserves will shift to the right. C. There will be a downward movement along the demand curve for reserves. D. The demand curve for reserves will shift to the left.
In case of demand curve There will be an upward movement along the demand curve for reserves.
What do you mean by Demand curve?
The relationship between the cost of an item or service and the quantity demanded over a specific time period is represented graphically by the demand curve. The price and quantity demanded are often represented with the price on the left vertical axis and the horizontal axis, respectively.A demand curve typically has a downward sloping shape, as previously mentioned. The demand curve for the majority of items, if not all of them, follows this rule. Rare instances of products with upward-sloping demand curves may exist. A Giffen good is one with an increasing slope on the demand curve.To know more about Demand curve here
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assuming a 360-day year, proceeds of $44,677 were received from discounting a $45,371, 90-day note at a bank. the discount rate used by the bank in computing the proceeds was
A bank discounting a $45,371 90-day note. The bank applied a 6% discount rate for calculating the proceeds.
The discount rate is what?The discounts rate is the rate of interest that banks or other credit unions pay on loans they obtain through the discount window of their local Federal Reserve Bank.
Which discount rate is ideal?In a valuation methods, a range of 12% to 20% for the equity discount rate, give or take, is probably regarded as appropriate. Given that a business value is an ownership stake in a privately owned company, this is approximately in line with the long-term potential gains stated to private equity investors.
Briefing:For a 90 day period,= $45,371
discounted by= $694 ($45,371 - $44,677)
discount = 1.5% ($694 / $45371)
discount rate=1.5%,
Discount rate= 6% (1.5% per quarter x 4 quarters).
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which of the following statements about communication in today's business organizations is most accurate? group of answer choices many companies used intranets to communicate with customers, outside vendors, and governmental agencies. smartphones and tablet computers are prevalent in the workplace but do not have the capabilities to replace laptops and personal computers. wireless access is increasingly blanketing entire office buildings, airports, hotels, restaurants, school and college campuses, cities, and other public spaces. the most common workplace use of tablet computers is blogging.
The following statements about communication in today's business organizations is most accurate:
b. Wireless access is increasingly blanketing entire office buildings, airports, hotels, restaurants, school and college campuses, cities, and other public spaces.
What is business communication?
By sharing information with both workers and those outside the firm, business communication aims to assist an organisation in achieving a key objective. It involves the creation, exchange, listening to, and comprehension of written and vocal communications amongst various groups of individuals. How employees interact and do business within a company has a significant impact on how successful the firm will be in the marketplace. Internal business communication—between coworkers—or external business communication—between businesses or consumers—takes place both ways. Using verbal or nonverbal communication techniques, this internal and outward communication can take place. Various limitations might make it difficult for the recipient to comprehend the information being communicated by the sender in these internal and external forms of communication.
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which of the following statements about communication in today's business organizations is most accurate? group of answer choices many companies used intranets to communicate with customers, outside vendors, and governmental agencies. smartphones and tablet computers are prevalent in the workplace but do not have the capabilities to replace laptops and personal computers. wireless access is increasingly blanketing entire office buildings, airports, hotels, restaurants, school and college campuses, cities, and other public spaces. the most common workplace use of tablet computers is blogging.
How much money will the bank need to
loan a purchaser using a 10% down
payment on a $190,000 property?
A. $189,810.00
C. $188,100.00
B. $190,000.00
D. $171,000.00
drag the tiles to the correct boxes to complete the pairs. match the financial markets with the types of investors who invest in them. private market physical asset market financial asset market money market secondary market future market investors trade in stocks and bonds investors trade in highly liquid securities two parties negotiate among themselves and draw up an agreement that is acceptable to both two parties trade in material items two parties trade by entering into a forward contract investors trade in company stocks
After registering with the stock exchange to raise capital, businesses issue new securities on the primary market. Initial public offerings (IPOs) are used to raise money from the general public.
Market: A market is a location or arrangement where people buy and sell goods and services.
Market for physical assets versus market for financial assets:
In actual resources market, the substantial merchandise are exchanged, for example, hardware, food grains, furniture and so on. In contrast, securities, debentures, and other intangible ownership rights are traded on the financial market.
Spot markets versus fates markets:
In the spot market, assets are traded and delivered at the current market price, whereas in the futures market, they are traded for a specific date in the future.
Capital markets versus money markets:
Investors trade highly liquid short-term securities like certificates of deposits and Treasury bills in the money market, but Medium- and long-term financial instruments are traded on the capital market.
Comparing primary and secondary markets:
Companies issue new securities in the primary market through initial public offerings in order to raise funds, whereas; Investors trade previously owned securities on the secondary market.
Comparing private and public markets:
Since stocks are not offered to the general public in private markets, transactions take place between two parties directly, Trading takes place on the public market through a specialized organization that serves as an intermediary.
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The economist finds the equation of a regression line that predicts carbon dioxide emissions from GDP. The slope of the line is 166.9, and the y intercept of the line is 115.725. Select the equation of the regression line y = 115.725x + 166.9 y = 166.9x + 115.725 y = 115.725z +166.9 y = 166.9x+ 115.725
As per the given slope and intercept, the equation of the regression line that predicts carbon dioxide emissions from GDP is y = = 166.9x + 115.725.
GDP:
in economics, GDP measures the monetary value of final goods and services—that is, those that are bought by the final user—produced in a country in a given period of time
Given,
Here we need to find the equation of a regression line that predicts carbon dioxide emissions from GDP when the slope of the line is 166.9, and the y intercept of the line is 115.725.
As per the formula of the slope of the line, the equation of the regression line that predicts carbon dioxide emissions from GDP is written as,
=> y = mx + c
here m refers the slope and c refers the y intercept.
Now, we have to apply the value on the formula, then we get,
=> y = 166.9x + 115.725
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Negative demand shocks to the economy can come from
A. increases in investment.
B. reductions in consumer demand.
C. Increases in government spending.
D. reductions in imports.
_______________________ are prepared when firms invest in new assets and/or replace the existing fixed assets.Options:A. Long-term budgetsB. Operating budgetsC. Master budgetsD. Capital budgets
Capital budgets are prepared when firms invest in new assets and/or replace the existing fixed assets.
How does a capital budget work?
Instead of accounting the revenues and expenses resulting from the investment, capital budgeting focuses on identifying the cash inflows and cash outflows. For instance, because they are cash flow activities, non-expense items like loan principal payments are included in capital budgeting. Investors estimate the worth of new investment projects using capital budgeting. Payback period (PB), internal rate of return (IRR), and net present value (NPV) are the three methods of project selection that are most frequently used (NPV).Surplus Budget, Balanced Budget, and Deficit Budget are the three categories of annual government budgets based on estimates.To know more about Budget here
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A company has evaluated several projects using net present value. All projects are similar in amount invested and risk. Rank the projects in the order they should be accepted. Drag statements on the right to match the left. NPV = $340 Third choice NPV = ($615) Not an acceptable project NPV = $62 D-a Second choice NPV = $2,067 First choice
The order of the projects should be accepted ased on their Net Present Values is:
First choice: NPV = $2,067Second Choice: NPV = $340Third Choice: NPV = $62Fourth Choice: NPV = $(615)NPV or Net present value shows the difference between the present value of cash inflows and the present value of cash outflows over a period of time. NPV in invenstment planning represents the projected profitability of an investment option.
NPV is an intrinsic valuation an used to determine of an investment and any other options that involves cash flow. NPV analysis adjusts the risk of an investment opportunity and implement the time value of money concept.
Investment with positive NPV shows that the investment is a worth option, and investment with negative NPV should be avoided because it is unlikely to earn profit in the future.
To calculate an investment's NPV, informations related to the timing, amount of future cash flows and a discount rate are needed. NPV could be calculated using formula:
NPV = Cash flow - initial Investment
(1 + i)ⁿ
where:
i = require rate or discount rate
n = number of time periods
From the options we have, we have to choose the project with the highest NPV as the first choice, the second large NPV as the second choice, and so on. Hence, the project options should be:
First choice: NPV = $2,067Second Choice: NPV = $340Third Choice: NPV = $62Fourth Choice: NPV = $(615)Learn more about Net Present Value here: https://brainly.com/question/17180329
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by cross listing and selling its shares on a foreign stock exchange, a firm typically tries to accomplish which of the following? group of answer choices
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
when economics consider education as a they mean that it's a benefit enjoyed by a third party as a result of economic transaction.
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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which of the following factors negatively affect the growth rate of earnings? higher asset turnover ratio higher profit margin higher leverage lower tax rates higher payout ratio
Higher leverage negatively affect the growth rate of earnings
What is leverage?
In the world of finance, leverage (also known as gearing in the UK and Australia) refers to any strategy that involves borrowing money to make purchases with the expectation that future earnings will be several times greater than the cost of borrowing. This strategy's name comes from the physics concept of a lever, which increases a tiny input force into a larger output force. Successful leverage increases the relatively little amount of capital required for borrowing into substantial quantities of profit. The strategy does, however, come with a significant danger of not being able to repay a sizable debt. Typically, a lender will establish a cap on the amount of risk it is willing to accept, a cap on the amount of leverage it will allow, and would require the acquired asset to be provided as collateral security for the loan.
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as per the cambridge research syndicated by clorox which of the following segments is most concerned about environmental issues not just in 'my world' but also in 'the world'?
Major modern-day environmental troubles can also additionally include weather change, pollutants, environmental degradation, and aid depletion.
The required details for Pollution in given paragraph
Pollution is the creation of contaminants into the herbal surroundings that motive unfavorable change. Pollution can take the shape of any substance (solid, liquid, or gas) or energy (which include radioactivity, heat, sound, or mild). Pollutants, the additives of pollutants, may be both overseas substances/energies or clearly taking place contaminants. Although environmental pollutants may be resulting from herbal events, the phrase pollutants normally means that the contaminants have an anthropogenic supply – that is, a supply created with the aid of using human activities. Pollution is regularly classed as factor supply or nonpoint supply pollutants. In 2015, pollutants killed 9 million humans worldwide. This remained unchanged in 2019, with little real progress towards pollutants being identifiable. Air pollutants accounted for 3⁄4 of those in advance deaths.
Major varieties of pollutants include air pollutants, mild pollutants, litter, noise pollutants, plastic pollutants, soil contamination, radioactive contamination, thermal pollutants, visible pollutants, and water pollutants.
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Can someone please help ASAP!!!
IN UR OWN WORDS PLEASE
Thanks!!
The Federal Reserve uses three tools to set monetary policy through the banks. Identify these three tools and provide an example of how each tool affects individual consumers. (5 points)
Monetary Policy Implementation: The Fed's Policy Toolkit. Reserve requirements, the discount rate, and open market operations are the three instruments the Fed has historically used to implement monetary policy.
Which tool of monetary policy is most important and why?To accomplish macroeconomic objectives, a monetary policy employs a variety of tools, including open market operations, requirements for bank reserves, and the discount rate. Open market operations, however, are regarded as the most significant and frequently applied tool of the three.
The most crucial and efficient method of expanding the money supply out of these three is to purchase bonds on the open market. The Fed must convince banks to make fewer loans if it wants to shrink the money supply.
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Each of the following is a required characteristic of a review engagement of management's discussion and analysis (MD&A), EXCEPT:
A) It consists principally of applying tests of details through inspection, observation, and confirmation.
B) The practitioner applies analytical procedures.
C) An objective is to report if any information came to the practitioner's attention that the MD&A is NOT reasonably presented.
D) The practitioner makes inquiries of individuals responsible for financial matters
Which of the following is not a mandatory characteristic of a management review of discussion and analysis (MD&A) engagement:
It consists principally of applying tests of details through inspection, observation, and confirmation (A).What are the key points of engagement of management's discussion and analysis (MD&A)?Management discussion and analysis (MD&A) is the section in a company's annual report or quarterly filing where executives analyze a company's performance.This section may also include a discussion of compliance, risks, and plans, such as goals and new projects.The MD&A section is unaudited and represents management's thoughts and opinions.Learn more about the engagement of management's discussion and analysis (MD&A) at https://brainly.in/question/42878448
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1.) Super-Tee Co. plans to sell 12,000 T-shirts at $16 each in the coming year. Product costs include:Direct materials per shirt $5.75Direct labor per shirt 1.25Variable overhead per shirt .60Fixed overhead in total $43,000What is the company's contribution margin?a.) $9.00b.) $4.82c.) $10.25d.) $8.40
Therefore, option D is correct and the company's net operating income is $29,200. The company's contribution margin is $8.40.
What are product costs examples?Product expenses include things like allotted plant overhead, direct labor costs, and raw materials. Rent, office amortization, office equipment, & utilities are a few examples of general and administrative costs. Product costs are expenses incurred to produce a good that is meant to be sold to consumers. Direct materials (DM), direct labor (DL), or manufacturing overhead are all part of the cost of the product (MOH).
What is the importance of product cost?Setting the appropriate pricing for a particular product can assist the business in making data-driven decisions, which goes beyond simply setting a standard price. To determine a product's sales price, one must know more than just how much the corporation spends on production. The process of figuring out the expenses associated with producing a specific product is called product costing. The consumption of components and raw materials, labor costs, and overhead expenses specific to one unit are included in this overall cost.
Briefing:1a. Variable product cost per unit = 5.75 + 1.25 + 0.60 = $7.60
b. Total variable cost per unit = 5.75 + 1.25 + 0.60 + 0.80 = $8.40
c. Contribution margin per unit = Selling price - Total Variable cost per unit
= 16 - 8.40
= $7.60
d. Contribution margin ratio = (7.6/16) × 100 = 47.5
e. Total fixed expense for the year = 43000 + 19000 = 62000
2. Price per unit. Total Sales 16= $192000
Less: variable cost 8.40. (100800)
Less: cont. marg per unit (62000)
Net operating Income = $29200
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HRM is becoming less important as more and more jobs are automated
Artificial intelligence will not replace human resources, but it will surely improve it. AI offers the opportunity to utilize HR capabilities in novel and creative ways. Here are three ways that the convergence of AI and HR will have a substantial influence.
How does automation affect human resources?Because of the time and volume of physical paperwork necessary in day-to-day HR activities, HR automation has emerged. If your HR staff spends more time on administration than on leveraging their important abilities in other areas of the business, it's time to find a new method of working. HR teams may spend more time on more difficult duties by automating simple yet time-consuming activities. Employees can also spend less time on HR tasks like requesting time off or selecting perks.
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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:
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:
Tangibles is the external appearance of physical structures, equipment, people, and communication devices. Reliability to consistently and accurately provide the requested service.Responsiveness is being ready to help clients and consumers and to provide quick service.Assurance is exemplified by employee politeness, knowledge, and the ability to engender confidence.Empathy is the considerate, individual care that a company provides to each of its clients and consumers.Learn more about Service Industry here:
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M&S advertising agency had the following adjusted account balances on Dec.31.2021: Cash 50,000; Account receivable 1,500; supplies 2,500; equipment 21,000; Accumulated depreciation - equipment 3,000; account payable 22,000; share capital ordinary 20,000; Retained earnings 30,000. : The following transactions occurred during the first 6 months of the year 2022: Jan.2.2022. M & S received $30,000 from customers in advance for services to be provided until the end of the year. Jan.5.2022. M & S purchased $10,000 supplies and paid the amount in cash. Feb.15.2022. M & S performed $7,000 of advertising services on account. March. 1. 2022. M & S purchased $70,200 building and signed a 12%, 18 months, 70,200 note. Apr.20.2022. M & S paid $15,000 in advance for insurance policy. This insurance policy will cover one year starting from Apr.1.2022. May.25.2022. M & S paid its employees $45,000 for salaries and wages for the first five months of the year. You also know the following information regarding M&S advertising agency: - The company prepares its financial statements semi-annually. - On June.30.2022, A count of supplies had shown $300 of supplies on hand. - On June.30.2022, it was found that $40,100 services that were performed on account during the previous 6 months are not recorded. - On June.30.2022, employees worked for one month that were not recorded nor paid (salaries are the same each month). - Depreciation on equipment is $1,300 each month, Depreciation on building is $2,400 each month. - Each month the company performs the same amount of its services obligation. Required: (1) Prepare the Trial balance on June.30.2022 for M&S advertising agency (2) Prepare the adjusted trial balance on June.30.2022 for M&S advertising agency (3) Prepare the income statement for the semi-annual period ending on June.30.2022 for M&S advertising agency (4) Prepare the Retained earnings statement for the semi-annual period ending on June.30.2022 for M&S advertising agency (5) Prepare the balance sheet at June.30.2022 for M&S Advertising agency
1. The preparation of the UnadjustedTrial Balance on June 30, 2022, for M&S Advertising Agency, is as follows:
M&S Advertising Agency
Unadjusted Trial BalanceJune 30, 2022
Account Titles Debit Credit
Cash $10,000
Account receivable 8,500
Prepaid insurance 15,000
Supplies 12,500
Equipment 21,000
Building 70,200
Accumulated depreciation - equipment $3,000
Account payable 22,000
Unearned Revenue 30,000
Notes Payable 70,200
Service Revenue 7,000
Salaries and Wages Expense 45,000
Share capital ordinary 20,000
Retained earnings 30,000
Totals $182,200 $182,200
2) The preparation of the adjusted trial balance on June 30, 2022, for M&S Advertising Agency is as follows:
M&S Advertising Agency
Adjusted Trial BalanceJune 30, 2022
Account Titles Debit Credit
Cash $10,000
Account receivable 48,600
Prepaid insurance 11,250
Supplies 300
Equipment 21,000
Building 70,200
Accumulated depreciation - equipment $10,800
Accumulated depreciation - Building 14,400
Account payable 22,000
Salaries and wages payable 9,000
Interest Expense payable 2,808
Unearned Revenue 15,000
Notes Payable 70,200
Service Revenue 62,100
Salaries and Wages Expense 54,000
Interest Expense 2,808
Insurance Expense 3,750
Supplies Expense 12,200
Depreciation Expenses:
(Equipment) 7,800
(Building) 14,400
Share capital ordinary 20,000
Retained earnings 30,000
Totals $256,308 $256,308
3) The preparation of the income statement for the semi-annual period ending on June 30, 2022, for M&S Advertising Agency, is as follows:
M&S Advertising Agency
Income StatementFor the semi-annual period ending on June 30, 2022
Service Revenue $62,100
Expenses:
Salaries and Wages Expense 54,000
Interest Expense 2,808
Insurance Expense 3,750
Supplies Expense 12,200
Depreciation Expenses:
(Equipment) 7,800
(Building) 14,400 $94,958
Net loss $32,858
4) The preparation of the Retained Earnings Statement for the semi-annual period ending on June 30, 2022, for M&S Advertising Agency, is as follows:
M&S Advertising Agency
Retained Earnings StatementFor the semi-annual period ending on June 30, 2022
Beginning balance $30,000
Net loss (32,858)
Ending balance ($2,858)
5) The preparation of the Balance Sheet at June 30, 2022, for M&S Advertising Agency, is as follows:
M&S Advertising Agency
Balance SheetJune 30, 2022
Assets:Cash $10,000
Account receivable 48,600
Prepaid insurance 11,250
Supplies 300
Equipment 21,000
Accumulated depreciation (10,800)
Building 70,200
Accumulated depreciation (14,400)
Total assets $136,150
Liabilities and Equity:Account payable $22,000
Salaries and wages payable 9,000
Interest Expense payable 2,808
Unearned Revenue 15,000
Notes Payable 70,200
Share capital ordinary 20,000
Retained earnings (2,858)
Total liabilities and equity $136,150
What are the steps in preparing financial statements?The steps in preparing the above financial statements include preparing the following:
Unadjusted Trial BalanceAdjusted Trial BalanceIncome StatementStatement of Retained EarningsBalance SheetCash Flow Statement.Unadjusted:Cash $10,000 (50,000 + 30,000 - 10,000 - 15,000 - 45,000)
Account receivable 8,500 (1,500 + 7,000)
Prepaid insurance 15,000
Supplies 12,500 (2,500 + 10,000)
Equipment 21,000
Building 70,200
Accumulated depreciation - equipment 3,000
Account payable 22,000
Unearned Revenue 30,000
Notes Payable 70,200
Service Revenue 7,000
Salaries and Wages Expense 45,000
Share capital ordinary 20,000
Retained earnings 30,000
Transaction Analysis:Jan.2.2022. Cash $30,000 Unearned Revenue $30,000
Jan.5.2022. Supplies $10,000 Cash $10,000
Feb.15.2022. Accounts Receivable $7,000 Service Revenue $7,000
March. 1. 2022. Building $70,200 Notes Payable $70,200
12%, 18 months
Apr.20.2022. Prepaid Insurance $15,000 Cash $15,000
May.25.2022. Salaries and Wages Expense $45,000 Cash $45,000
June.30.2022 Adjustment Analysis:Insurance Expense $3,750 Prepaid insurance $3,750 ($15,000 x 3/12)
Supplies Expense $12,200 Supplies $12,200
Accounts Receivable $40,100 Service Revenue $40,100
Salaries and Wages Expense $9,000 Salaries and Wages Payable $9,000
Interest Expense $2,808 Interest Payable $2,808 ($70,200 x 12% x 4/12)
Depreciation Expense $7,800 Accumulated Depreciation - Equipment $7,800
Depreciation Expense $14,400 Accumulated Depreciation - Building $14,400
Unearned Revenue $15,000 Service Revenue $15,000
Adjusted:Cash $10,000
Account receivable 8,500 + 40,100
Prepaid insurance 15,000 - 3,750
Supplies 12,500 - 12,200
Equipment 21,000
Building 70,200
Accumulated depreciation - equipment $3,000 + 7,800
Accumulated depreciation - Building 14,400
Account payable 22,000
Salaries and wages payable 9,000
Interest Expense payable 2,808
Unearned Revenue 30,000 - 15,000
Notes Payable 70,200
Service Revenue 7,000 + 40,100 + 15,000
Salaries and Wages Expense 45,000 + 9,000
Interest Expense 2,808
Insurance Expense 3,750
Supplies Expense 12,200
Depreciation Expenses:
(Equipment) 7,800
(Building) 14,400
Share capital ordinary 20,000
Retained earnings 30,000
Totals $182,200 $182,200
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Which of the following are needed to describe the distribution of stock returns?a. the life span of the stockb. the variety of returnsc. the mean returnd. the standard deviation of returns
A stock's total return takes into account both dividend payments and capital gains or losses.
Which definition of standard is most accurate?stan dard.: something that has been established as a model, exemplar, or a reference point by authority, tradition, or widespread acceptance. The reasonable person's standard is something that has been set by authorities as a guideline for measuring quantity, weight, extent, worth, or quality.
What makes standards so crucial?Standards preserve human health as well as that of the environment, enable trade, and guarantee the safety, quality, and dependability of goods and services. Standards enhance procedures and systems for businesses; they also lower costs, eliminate waste, and guarantee uniformity.
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g a country with higher interest rates than another country is likely to see its currency depreciate if interest rate parity holds
The Effect of Interest Rates Higher interest rates typically draw investment from other nations, which in turn raises the demand for and value of the domestic currency.
In contrast, lower interest rates typically make foreign investment unattractive and lower the currency's relative value.
Does loan cost equality suggest that loan costs are similar in all nations?No. It does not imply that all nations have the same interest rates. The principle of interest rate parity stipulates that, regardless of interest rates, the hedged returns earned from an investment made in different currencies must be equal.
Exchange rates are affected by interest rate parity in what ways?The fundamental equation governing the relationship between interest rates and currency exchange rates is interest rate parity. Interest rate parity is based on the idea that hedged returns from investing in various currencies should be the same regardless of the interest rates on those currencies.
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whenever economic shocks are asymmetric, affecting only one nation among all the nations that are mutual investors, asset diversification:
Whenever economic shocks are asymmetric, affecting only one nation among all the nations that are mutual investors, asset diversification: will have substansial benefits in lessening the shocks and smoothing consumption.
What is DiversificationDiversification is a term that is closely related to investment. Simply put, investment diversification is a strategy carried out by individuals and companies to develop various types of investment products with the aim of minimizing risks of unforeseen conditions in the future while optimizing profits.
Diversification is one of the risk management strategies, carried out by combining various investment instruments with different characteristics such as asset class, currency, geographic location, and sector in the portfolio to minimize the risk of loss due to impairment of certain investment assets.
A professional investor will certainly place his investment funds in several investment instruments. So, when one investment experiences a decline in asset value, it is hoped that the total investment owned will not be significantly affected or commonly known as don't put all your eggs in the same basket.
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During the 1970s in the United States, manufacturing entered a long period of decline. Which of the following is the primary reason for this decline?a. Modernization of plantsb. Rise in unemploymentc. Growth in the service sectord. Foreign competitione. E) Recession
The manufacturing job market has been steadily declining since its 1979 peak due to a combination of people pursuing higher education and automation taking over the industry.
In the 1970s, which major US industry began to decline?
Manufacturing lost 1.5 million and 2 million jobs, respectively, during two recessions that began in the early 1970s, with a recovery period in between. Manufacturing added 3 million jobs between July 1975 and June 1979, bringing the industry's total employment to 19.6 million.
In the 1970s, how did deindustrialization affect Americans?
If nothing else, the sheer number of the social costs of deindustrialization is significant, lasting, and extensive. "Cataclysmic" was the deindustrialization of the 1970s and 1980s; Bluestone says that more than 32 million jobs were lost.
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factless fact tables may apply when: we are deleting sales. we are tracking sales. we are deleting correlated data. we are taking inventory of the set of possible occurrences.
Factless truth tables may also practice when: we're deleting sales. we're deleting correlated data.
The required details for sales in given paragraph
Sales are sports associated with promoting or the variety of products offered in a given focused time period. The seller, or the company of the items or services, completes a sale in reaction to an acquisition, appropriation, requisition, or an immediate interplay with the buyer at the factor of sale. There is a passing of title (belongings or possession) of the object, and the agreement of a rate, wherein settlement is reached on a rate for which switch of possession of the object will occur. The seller, now no longer the purchaser, normally executes the sale and it could be finished previous to the responsibility of payment.
In the case of oblique interplay, someone who sells items or provider on behalf of the proprietor is referred to as a salesman or saleswoman or salesperson, however this regularly refers to a person promoting items in a store/save, wherein case different phrases also are common, including salesclerk, save assistant, and retail clerk.
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T/F. Top management at a reactive firm not only supports and champions CSR activities, but also views CSR as a source of differentiation that permeates throughout the corporate DNA.
Top management at a reactive firm not only supports and champions CSR activities, that permeates throughout the corporate DNA.--- False.
Why should a company implement CSR in all its global activities?
Social responsibility programs increase employee morale, lead to increased productivity, and impact company profitability. Companies that implement social responsibility initiatives can increase customer retention and loyalty.
What is one of the main objectives of a company practicing her CSR?The ultimate objective of CSR is to maximize shared value among the organization, employees, customers, shareholders and community members is to The exact value may vary for each of these stakeholders, but the mutually beneficial nature of CSR initiatives can be maintained.
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