The unethical practices being perpetrated of calling an executive of another business are
Unauthorized solicitationHarassment sensitive informationWithout their permission, making unsolicited calls to executives can be viewed as an invasion of their privacy and a transgression of their personal and professional boundaries.
Contacting an executive repeatedly or persistently despite their blatant disinterest or request to stop can be construed as harassment and be upsetting or disruptive to their work.
It is unethical and might be regarded as a violation of trust to try to coerce or trick an executive into divulging sensitive or confidential information.
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8. Enter the following transactions in Journal
2014
Jan. 1
Jan. 2
Jan. 4
Jan. 6
Jan. 14
Jan. 15
Jan. 17
Jan. 18
Jan. 19
Jan. 22
102
Sushil & Co. started business with cash
Paid into Bank
Purchased Machinery and paid by cheque
Bought goods from Naresh
Paid salaries
Sold goods to Rajesh Kumar
Paid for Sundry Expenses
Cash deposited into Bank
Received Rent
Paid Naresh by cheque in full settlement of his A/c
1,00,000
60,000
30,000
20,000
5,000 I
15,000
8,500
20,000
6,000
19,750
This journal entry records the transactions for the month of January 2014, including the starting of the business, cash and bank transactions, purchases, sales, expenses, and settlement of Naresh's account.
The amounts mentioned in the debit and credit columns represent the respective values for each transaction.
Date Account Title Debit ($) Credit ($)
Jan. 1 Cash 1,00,000
Sushil & Co. 1,00,000
Jan. 2 Bank 60,000
Cash 60,000
Jan. 4 Machinery 30,000
Bank 30,000
Jan. 6 Purchases 20,000
Naresh 20,000
Jan. 14 Salaries 5,000
Cash 5,000
Jan. 15 Rajesh Kumar 15,000
Sales 15,000
Jan. 17 Sundry Expenses 8,500
Cash 8,500
Jan. 18 Bank 20,000
Cash 20,000
Jan. 19 Rent 6,000
Cash 6,000
Jan. 22 Naresh 19,750
Bank 19,750
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about STP with the idea of YOU being the Product/Service, with the idea of looking for a JOB. How would you apply STP to a job search for yourself
By applying the STP concept to job search, one can focus your efforts on specific segments, tailor the approach to target employers that align with the goals, and position oneself as a strong candidate in a competitive market. This strategic approach can increase the chances of finding a job that matches the skills, interests, and career aspirations.
STP includes segmentation, which involves dividing the job market into distinct segments based on relevant criteria. In this case, one can consider factors such as skills, qualifications, experience, and career goals to identify the specific job market segments that align with profile. For example, one could segment the market based on industry, job function, or geographic location. Targeting means that once one have identified the segments that align with the profile, one can target specific employers or organizations within those segments. Research and identify companies that match career objectives, values, and work culture preferences. Positioning involves creating a compelling and differentiated personal brand that sets ones apart from other candidates.
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societies decide who should get the goods they produced by:
Societies decide who should get the goods they produce by prioritizing the fulfillment of the most important needs of all citizens. Hence, Option (C) is correct.
By prioritizing the needs of all citizens, societies should strive for equitable distribution and ensure that every individual has their basic needs met.
It goes beyond fulfilling individual wants and focuses on meeting fundamental necessities such as food, shelter, healthcare, education, and other essential requirements.
This approach acknowledges that individuals have different wants and desires, but it places emphasis on guaranteeing that no one is left without access to basic necessities.
Thus, societies should always produce goods required for the fulfillment of the basic needs of individuals.
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Societies decide who should get the goods they produce by:
A. considering which citizens should get their wants fulfilled.
B. preventing any group of citizens from fulfilling all of its wants.
C. making sure all citizens have their most important needs met.
D. making sure entrepreneurs always have their needs fulfilled.
In a market for chemicals, the demand function is P = 200 - Q. The private marginal cost for the chemicals producers is MCP = 50+ Q. Pollution generated during the production process causes external marginal cost for the society equal to MCE = 3Q.
(a) What specific tax would result in a competitive market producing the socially optimal quantity of chemicals?
(b) Instead of taxation, what else can the government do to make sure that the market will work itself out to achieve the socially optimal output?
(a) To achieve the socially optimal quantity of chemicals in a competitive market, the tax should be equal to the external marginal cost imposed on society. In this case, the external marginal cost is MCE = 3Q. Therefore, the specific tax should be set equal to the external marginal cost:
Tax = MCE = 3Q
Substituting the demand function into the tax equation, we have:
Tax = 3(200 - Q)
Simplifying:
Tax = 600 - 3Q
This tax would align the private marginal cost (MCP) with the social marginal cost (MCE) and result in the market producing the socially optimal quantity of chemicals.
(b) Alternatively, the government can implement a cap-and-trade system or establish regulations to limit pollution emissions. In a cap-and-trade system, the government sets a limit (or cap) on the total amount of pollution allowed in the market. It then issues a corresponding number of pollution permits that companies can buy and sell. This system encourages companies to reduce their pollution emissions by creating a market incentive.
By implementing such measures, the government ensures that companies internalize the cost of pollution and take actions to reduce it. This helps the market work towards achieving the socially optimal output by incentivizing firms to reduce pollution and minimize the negative externalities associated with chemical production.
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Being legally responsible for the medical bills as a result of your dog bitting a neighbor is known as your ____.
A. Exclusion
B. Liability
C. Coverage
D. Deductible
Answer:
B. Liability
Explanation:
What is liability?Liability refers to the legal responsibility for one’s actions or omissions.
In this case, if your dog bites a neighbor and causes injury, you may be held liable for the resulting medical bills and other damages.
In a competitive labor market, the demand for and supply of labor determine the equilibrium wage rate and the equilibrium level of employment.
1.Discuss the relationship between how these markets determine the wage rate and the quantity of labor that should be employed.
2.Share an example, beyond your textbook, that demonstrates this relationship.
Deposits of $1,530 each were received for advance tour reservations from 10 school groups. At November 30, all of these
deposits have been earned.
A trader by mistake calculates the profit on the selling price and accounts it as 25% find the correct profit earned by the trader
Based on the information, the real profit percentage is 25%.
How to calculate the percentageLet's say the selling price is $100. The merchant's profit is estimated to be 20% of the selling price, or $20. The cost price is therefore $100 - $20 = $80.
Here's the formula:
Real profit percentage = (Profit / Cost price) * 100
The real profit percentage is calculated by dividing the profit by the cost price and multiplying by 100. In this case, the real profit percentage is:
= $20 / $80 * 100
= 25%.
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If a merchant estimates his profits as 20 % of the selling price, what is his real profit percent.
Question 2 of 10
Which sentence best completes the diagram?
H
Globalization
A. Fewer companies have a need for natural
?
resources.
or natural resources.
B. Natural resources move from poor to rich countries.
C. Incomes improve for poor people in all countries.
D. Local businesses face less international competition.
Natural resources moving from poor to rich countries best completes Globalization. The correct option is B.
Globalization refers to the international connectivity and integration of economies and cultures. The transfer of resources between nations, including natural resources, is one component of globalization. Natural resources frequently move from developing to developed nations because they are in such great demand for manufacturing, industrial output, and consumer goods in the former. Both the exporting and importing countries may experience economic effects as a result of this resource transfer.
Thus, the ideal selection is option B.
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One way to get people to pay attention to your presentation is to give them candy for answering questions about it. Please select the best answer from the choices provided T F
Answer:
False
Explanation:
They will get distracted by the candy so it is false because they may not focus on what your presentation is saying.
Find out what professionals say about your chosen career and what the cover letter should look like.
A brief summary of your findings (200 words minimum)?
What did you learn (50 words
When it comes to career exploration, professionals often emphasize the importance of researching and understanding the chosen career path.
It involves gathering information about job prospects, required skills and qualifications, industry trends, and potential growth opportunities. Professionals often recommend conducting informational interviews, networking with professionals in the field, and seeking mentorship to gain valuable insights and guidance.
Regarding cover letters, professionals suggest that they should be concise, well-structured, and tailored to the specific job application. The cover letter serves as an opportunity to introduce yourself, highlight relevant skills and experiences, and demonstrate your motivation and fit for the position.
It should be personalized for each application and showcase your understanding of the company and its needs.
Professionals advise including a strong opening statement, a clear demonstration of qualifications, and specific examples of accomplishments or experiences that align with the job requirements.
It's important to showcase your enthusiasm, professionalism, and the value you can bring to the organization. Additionally, proofreading and editing the cover letter for clarity, grammar, and spelling errors is crucial.
It's worth noting that career advice and cover letter guidelines may vary depending on the industry, job level, and individual circumstances.
It can be helpful to seek additional resources such as career counseling services, job search websites, or books specifically focused on cover letter writing to gather more detailed and tailored insights for your specific career aspirations.
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CLOVER CORPORATE DECISON MAKING PROCESS
Clover Corporate Decision Making Process is a framework used by Clover Corporation, a fictional company, to guide its decision-making process.
The process consists of several steps designed to ensure thoughtful analysis, collaboration, and informed decision-making. Here is an overview of the Clover Corporate Decision Making Process:
Identify the Decision: The first step is to clearly identify the decision that needs to be made. This involves defining the problem or opportunity and understanding its significance.
Gather Information: In this step, relevant data and information are collected to provide a comprehensive understanding of the situation. This may involve conducting research, analyzing market trends, assessing risks, and gathering input from stakeholders.
Analyze Options: Once the information is gathered, different options or alternatives are analyzed. This involves evaluating the pros and cons, considering potential outcomes and consequences, and assessing feasibility.
Evaluate Alternatives: The identified options are further evaluated based on predefined criteria, such as financial viability, alignment with company goals, and impact on stakeholders. This step helps in identifying the most suitable alternative.
Make the Decision: After careful analysis, a decision is made by selecting the most favorable alternative. This decision should align with the company's values, goals, and objectives.
Implement the Decision: Once the decision is made, it needs to be implemented effectively. This involves creating an action plan, allocating resources, and communicating the decision to relevant stakeholders.
Monitor and Review: After implementation, the decision is monitored to assess its effectiveness and impact. Regular reviews are conducted to ensure that the decision is producing the desired results and to make adjustments if necessary.
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literature review with citations
Use the Keynesian cross (aggregate demand model) to show the effect of an increase in autonomous investment on the economy.
The Keynesian cross model, also known as the aggregate demand model, illustrates the relationship between aggregate demand (AD) and real GDP (Y). In this model, an increase in autonomous investment refers to an increase in investment spending that is independent of changes in income or interest rates.
Let's analyze the effect of this increase on the economy.
In the Keynesian cross model, the aggregate demand (AD) is determined by the sum of consumption (C), investment (I), government spending (G), and net exports (NX), represented as AD = C + I + G + NX.
When autonomous investment increases, it directly affects the aggregate demand component (I). This increase in investment spending shifts the AD curve upward. As a result, the equilibrium level of real GDP (Y) increases, and the economy expands.
Graphically, the initial equilibrium is represented by the intersection of the AD curve and the 45-degree line, which represents the equality of aggregate demand and real GDP. The point of intersection represents the equilibrium level of output and income.
When autonomous investment increases, the AD curve shifts to the right, indicating a higher level of aggregate demand at each level of real GDP. As a result, the new equilibrium point occurs at a higher level of real GDP.
This increase in real GDP leads to a multiplier effect. The increase in investment spending stimulates economic activity, leading to higher income and consumption. This, in turn, further increases aggregate demand, resulting in additional rounds of increases in output and income.
Overall, an increase in autonomous investment has a positive impact on the economy. It stimulates economic growth, increases employment, and can lead to a higher level of overall economic activity. The Keynesian cross model provides a framework for understanding the interaction between aggregate demand and real GDP and how changes in autonomous investment can affect the economy.
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In Arizona, a tenant on a lease
In Arizona, a tenant on a lease has specific rights and responsibilities as governed by the Arizona Residential Landlord and Tenant Act.
When you enter into a lease agreement, you are entering into a legally binding contract with the landlord, and it's important to understand your rights and obligations.
As a tenant on a lease in Arizona, you have the right to a habitable dwelling. This means that the landlord is responsible for maintaining the rental property in a safe and livable condition, including necessary repairs, plumbing, heating, and electrical systems.
You also have the right to privacy. The landlord must provide reasonable notice before entering your rental unit, except in emergency situations. They cannot enter the premises without your permission or harass you.
Your responsibilities as a tenant include paying rent on time and in full according to the terms of the lease agreement. You are expected to keep the rental unit clean and undamaged, and to use it in a reasonable manner. Any damages caused by your negligence may be deducted from your security deposit.
If you encounter any issues or disputes with the landlord, it is recommended to document the problem in writing and notify the landlord promptly. You may also consider seeking legal advice or contacting the Arizona Residential Landlord and Tenant Act's enforcement agency for further assistance.
Remember to carefully review your lease agreement before signing it and seek clarification on any unclear provisions. Understanding your rights and responsibilities as a tenant on a lease in Arizona is essential for a smooth and lawful tenancy.
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What type of work environment & culture is ideal for you?
It's crucial to find an environment that aligns with your values, supports your professional growth, and enables you to perform at your best.
Some general insights on work environments and cultures that are often considered ideal by many individuals:
Collaborative and inclusive: An environment that fosters collaboration, teamwork, and inclusivity can be highly desirable. It encourages open communication, idea sharing, and a sense of belonging among team members.
Supportive and positive: A positive work environment where employees feel supported, appreciated, and valued can enhance job satisfaction. This includes constructive feedback, recognition for achievements, and a focus on employee well-being.
Flexible and adaptable: Many people appreciate a work environment that offers flexibility in terms of work hours, remote work options, and the ability to adapt to changing circumstances. This flexibility promotes work-life balance and allows individuals to perform at their best.
Innovative and growth-oriented: A culture that values innovation, encourages learning and development, and provides opportunities for personal and professional growth can be highly motivating. Employees thrive in an environment that supports creativity, continuous improvement, and career advancement.
Ethical and transparent: An organization with a strong ethical framework and transparent communication cultivates trust and integrity. Employees appreciate working in an environment where ethical behavior is valued, and decision-making processes are transparent.
It's important to note that the ideal work environment and culture can vary depending on individual preferences, industry, job role, and personal circumstances. What may be ideal for one person may not necessarily be the same for others.
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Read the articles below then answer the following questions:
1. What is the main takeaway for you in each of them?
2. How can you incorporate what you learned from each of them into a Social Media Marketing Plan?
"How to Create a Social Media Content Strategy"
"How to Integrate Your Digital Marketing and Social Media Plan for Online Success"
"The Journey of a Social Media Marketer: Q&A with SMT Influencer Rachel Strella"
Creating a Social Media Content Strategy:
Define your goalsUnderstand your audienceChoose the right platformsPlan your contentConsistency and schedulingWhat is Social Media Marketing Plan?Choose the right social media platforms for your audience. Plan your content: Mix engaging, informative, and promotional content. Use visuals and storytelling to enhance content.
Establish a consistent posting schedule and frequency to keep your audience engaged. Use social media tools to schedulize and automate your content. Align messaging: Ensure social media content matches digital marketing plan.
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Why do young workers, just starting their careers, tend to get pay raises that are greater than increases in the cost of living (inflation)?
Young workers who are just starting their careers often experience pay raises that are greater than increases in the cost of living due to several factors:
Skill acquisition: Young workers typically have limited experience and skills when they start their careers. As they gain knowledge, expertise, and proficiency in their roles, their value to employers increases. Employers recognize this growth and provide pay raises to retain and motivate these employees.
Career advancement: Young workers often have the potential for rapid career advancement. They may start in entry-level positions but have opportunities to climb the career ladder relatively quickly. With each promotion or job change, there is an expectation of increased responsibility and higher compensation.
Market demand for skills: Certain industries or professions may experience high demand for young workers with specific skills or qualifications. When there is a shortage of talent in a particular field, employers may offer higher pay to attract and retain young professionals.
Competitive job market: In a competitive job market, employers may need to offer higher wages to attract and retain young talent. With multiple job opportunities available, young workers have more leverage to negotiate better compensation packages.
Future potential and investment: Employers often view young workers as long-term investments. They recognize the potential for these individuals to become valuable assets to the company in the future. By offering higher pay raises, employers aim to motivate and retain young talent, fostering loyalty and commitment.
It's important to note that not all young workers experience pay raises greater than inflation. Economic conditions, industry-specific factors, and individual performance can influence the extent of pay raises. Additionally, pay raises that exceed inflation may be more prevalent for high-demand industries or specialized roles.
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The act of influencing others to accomplish an objective is typically seen in which of the following environments? a. Business environments b. Government environments c. Military environments d. All of the above Please select the best answer from the choices provided A B C D
The act of influencing others to accomplish an objective is typically seen in The best answer is d) All of the above.
What is the act of influencing othersThe act of influencing others to accomplish an objective can be observed in various environments, including business, government, and military settings. In each of these domains, leaders and individuals engage in influencing others to achieve specific goals or objectives.
Leadership and influence are essential components in these environments to drive action, motivate individuals, and coordinate efforts towards desired outcomes. Therefore, the act of influencing others is typically seen in all of the above environments: business, government, and military.
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What is more important cashflow or profit
Answer:
There are a couple of reasons why cash flows are a better indicator of a company's financial health. Profit figures are easier to manipulate because they include non-cash line items such as depreciation ex- penses or goodwill write-offs.
Explanation:
the major features of the US free enterprise system include
Explanation: 1.Private property ownership is one of the most fundamental aspects of the free enterprise system.
2. Contracts are freely entered into by individuals and businesses in the United States (US)....
3. Individuals in the United States have the freedom to make personal decisions and communicate those decisions through the price system.
Are there any customer testimonials or reviews that highlight how Alice Springs Tow Truck Services is different from other tow truck companies in the area?
Yes, there has been customer testimonials or reviews that highlight how Alice Springs Tow Truck Services is different from other tow truck companies in the area
What are reviewsReviews are appraisals, belief, or evaluations determined by customers, customers, or consumers about a amount, aid, or experience. They are usually joint on miscellaneous floors, containing websites, social television, review sites, and connected to the internet marketplaces.
Reviews comprise a way for individuals to express their vindication or discontent accompanying the offering and can considerably influence the buying conclusions of additional potential consumers.
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Having trouble locating the incomplete error. Please help me identify my issue.
After the success of the company’s first two months, Santana Rey continues to operate Business Solutions. The November 30, 2021, unadjusted trial balance of Business Solutions (reflecting its transactions for October and November of 2021) follows.
Number Account Title Debit Credit
101 Cash $ 38,264
106 Accounts receivable 12,618
126 Computer supplies 2,545
128 Prepaid insurance 2,220
131 Prepaid rent 3,300
163 Office equipment 8,000
164 Accumulated depreciation—Office equipment $ 0
167 Computer equipment 20,000
168 Accumulated depreciation—Computer equipment 0
201 Accounts payable 0
210 Wages payable 0
236 Unearned computer services revenue 0
307 Common stock 73,000
318 Retained earnings 0
319 Dividends 5,600
403 Computer services revenue 25,659
612 Depreciation expense—Office equipment 0
613 Depreciation expense—Computer equipment 0
623 Wages expense 2,625
637 Insurance expense 0
640 Rent expense 0
652 Computer supplies expense 0
655 Advertising expense 1,728
676 Mileage expense 704
677 Miscellaneous expenses 250
684 Repairs expense—Computer 805
901 Income summary 0
Totals $ 98,659 $ 98,659
Business Solutions had the following transactions and events in December 2021.
December 2 Paid $1,025 cash to Hillside Mall for Business Solutions's share of mall advertising costs.
December 3 Paid $500 cash for minor repairs to the company’s computer.
December 4 Received $3,950 cash from Alex’s Engineering Company for the receivable from November.
December 10 Paid cash to Lyn Addie for six days of work at the rate of $125 per day.
December 14 Notified by Alex’s Engineering Company that Business Solutions's bid of $7,000 on a proposed project has been accepted. Alex’s paid a $1,500 cash advance to Business Solutions.
December 15 Purchased $1,100 of computer supplies on credit from Harris Office Products.
December 16 Sent a reminder to Gomez Company to pay the fee for services recorded on November 8.
December 20 Completed a project for Liu Corporation and received $5,625 cash.
December 22-26 Took the week off for the holidays.
December 28 Received $3,000 cash from Gomez Company on its receivable.
December 29 Reimbursed S. Rey for business automobile mileage (600 miles at $0.32 per mile).
December 31 Paid $1,500 cash for dividends.
The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the company’s first three months.
The December 31 inventory count of computer supplies shows $580 still available.
Three months have expired since the 12-month insurance premium was paid in advance.
As of December 31, Lyn Addie has not been paid for four days of work at $125 per day.
The computer system, acquired on October 1, is expected to have a four-year life with no salvage value.
The office equipment, acquired on October 1, is expected to have a five-year life with no salvage value.
Three of the four months' prepaid rent have expired.
Upon reviewing the provided information, it appears that an adjusting entry is required for the prepaid rent expense. As stated, three of the four months' prepaid rent have expired as of December 31, 2021.
To accurately reflect the portion of the prepaid rent that has been utilized during the period, an adjusting entry should be made.
The adjusting entry for the prepaid rent expense can be calculated as follows:
Prepaid Rent Expense = (Total Prepaid Rent / Total Prepaid Months) x Expired Prepaid Months
Prepaid Rent Expense = ($3,300 / 4) x 3 = $2,475
Therefore, an adjusting entry should be made to recognize $2,475 as an expense for the expired prepaid rent. The journal entry would be as follows:
Date Account Debit Credit
Dec 31 Rent Expense $2,475
Prepaid Rent $2,475
By recording this adjusting entry, the financial statements will accurately reflect the portion of prepaid rent that has been utilized during the period, ensuring accurate reporting of expenses and the company's financial position.
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Activities would you perform as an entrepreneur?
Answer:
no. because why it make since to person as an entrepreneur
Which of the following best describes what happens if one more unit of labor is used? Choose 1 answer:
A) MPL increases
B) MPL equals total product of labor (TPL)
C) APL is maximized
D) APL increases.
E) MPL is minimized
MPL increases, best describes what happens if one more unit of labor is used. Thus, option (a) is correct.
The change in output brought on by adding a new unit of labour is known as the marginal product of labour (MPL).
MPL stands for the extra output that can be produced with an additional unit of labour. If MPL rises, it indicates that the extra output produced by the additional unit of labour is larger than the output produced by the original unit of labour.
Therefore, option (a) is correct.
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Croyden is a calendar year, accrual basis corporation. Mr. and Mrs. Croyden (cash basis taxpayers) are the sole corporate shareholders. Mr. Croyden is president of the corporation, and Mrs. Croyden is vice president. Croyden’s financial records, prepared in accordance with GAAP, show the following information for the year:
Revenues from sales of goods $ 12,900,000
Cost of goods sold (LIFO) (9,260,000)
Gross profit $ 3,640,000
Bad debt expense $ 24,000
Administrative salaries and wages 612,000
State and local business taxes 135,000
Interest expense 33,900
Advertising 67,000
Annual property insurance premiums 19,800
Annual life insurance premiums 7,300
Depreciation expense 148,800
Repairs, maintenance, utilities 81,000
Croyden’s records reveal the following facts:
* Under the UNICAP rules, Croyden had to capitalize $142,800 of administrative wages to inventory. These wages were expensed for financial statement purposes.
* Because of the UNICAP rules, Croyden’s cost of goods sold for tax purposes exceeds the cost of goods sold for financial statement purposes by $219,000.
* Bad debt expense equals the addition to the corporation’s allowance for bad debts. Actual write-offs of uncollectible accounts during the year totaled $31,200.
* Administrative salaries include an accrued $50,000 year-end bonus to Mr. Croyden and an accrued $20,000 year-end bonus to Mrs. Croyden. These bonuses were paid on January 17 of the following year.
* The life insurance premiums were on key-person policies for Mr. and Mrs. Croyden. The corporation is the policy beneficiary.
Croyden disposed of two assets during the year. (These dispositions are not reflected in the financial statement information shown.) It sold office furnishings for $45,000. The original cost of the furnishings was $40,000, and accumulated MACRS depreciation through date of sale was $12,700. It also exchanged transportation equipment for a 15 percent interest in a partnership. The original cost of the transportation equipment was $110,000, and accumulated MACRS depreciation through date of exchange was $38,900.
* MACRS depreciation for assets placed in service in prior years (including the office furnishings and transportation equipment disposed of this year) is $187,600. The only asset acquired this year was new equipment costing $275,000. The equipment has a seven-year recovery period and was placed in service on February 11. Assume that Croyden does not elect Section 179 or bonus depreciation with respect to this acquisition.
* Croyden’s prior-year tax returns show no nonrecaptured Section 1231 losses and a $7,400 capital loss carryforward.
Required:
Solely on the basis of these facts, compute Croyden’s taxable income.
Note: Round your intermediate computations to the nearest whole dollar amount.
Taxable Income: (answer)
Large town Croydon is located 9.4 miles south of Charing Cross in South London, England. It is one of Greater London's main business districts and a part of the London Borough of Croydon, a local government area with a thriving nightlife and retail sector.
Croydon has a long history and is mentioned in several historical documents, such as the Domesday Book, which was published in 1086 on King William the Conqueror's instruction. It served as a resting place for various Canterbury Archbishops and was even visited by Henry VIII.
The second-largest borough of London, Croydon offers reasonably priced homes and convenient access to both the South Coast and Surrey, which are both close by. The affordable housing costs.
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what are market failures
Market failures refer to situations in which the allocation of goods, services, or resources in a market economy does not result in an efficient outcome.
What is a market failure ?These failures stem from diverse factors that hinder the smooth functioning of the market mechanism. Externalities materialize when the actions of buyers or sellers unexpectedly impact third parties who are not directly involved in the transaction.
Public goods, which exhibit non-excludability and non-rivalrous consumption, pose challenges to private markets. Since individuals cannot be excluded from enjoying the benefits, and one person's consumption does not diminish availability to others, the private sector often fails to adequately provide public goods. Consequently, government intervention becomes necessary to ensure their provision.
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Andy uses a card reader to make a purchase at the mall. A few days later, he notices unauthorized charges on his credit card. Which type of fraud has most likely occurred
A. Skimming
B. Account freezing
C. Phishing
D. Hacking
Based on the given information, the most likely type of fraud that occurred in Andy's situation is C. Phishing.
Phishing is a type of cybercrime where attackers trick individuals into revealing their sensitive information, such as credit card details, passwords, or personal identification, by pretending to be a legitimate entity.
The fact that Andy noticed unauthorized charges on his credit card shortly after using a card reader indicates that his credit card information may have been compromised during the transaction.
Skimming, which involves unauthorized copying of card data, is a possibility, but phishing is more likely in this case as it directly involves obtaining credit card information through deception.
Account freezing and hacking are less likely scenarios in this context. Account freezing refers to the temporary suspension of an account by a financial institution due to suspicious activity, which is not mentioned in the scenario.
Hacking involves unauthorized access to a computer system or network, which is not explicitly indicated as the cause of the unauthorized charges. Option C
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Answer:
Phishing.
Explanation:
Dery Trade has the following cash transactions for the period. Accounts Amounts Cash received from sale of products to customers $35,000 Cash received from the bank for long-term loan 40,000 Cash paid to purchase factory equipment (45,000) Cash paid to merchandise suppliers (11,000) Cash received from the sale of an unused warehouse 12,000 Cash paid to workers (23,000) Cash paid for advertisement (3,000) Cash received for sale of services to customers 25,000 Cash paid for dividends to stockholders (5,000) Assume the balance of cash at the beginning of the period is $4,000. Required: 1. Calculate the ending balance of cash. 2. Prepare a statement of cash flows.
The ending balance of cash is $29,000.
The statement of cash flows provides facts about the cash inflows and outflows
How to Solve the Problem?To reckon the ending balance of cash, we need to resolve the cash inflows and outflows all along the period.
Beginning balance of cash: $4,000
Cash inflows:
Cash taken from sale of brand to clients: $35,000
Cash received from the bank for unending loan: $40,000
Cash taken from the sale of an new warehouse: $12,000
Cash taken in demand of services to consumers: $25,000
Total cash inflows: $35,000 + $40,000 + $12,000 + $25,000 = $112,000
Cash outflows:
Cash paid to purchase shop supplies: ($45,000)
Cash paid to merchandise suppliers: ($11,000)
Cash compensated to workers: ($23,000)
Cash finance commercial: ($3,000)
Cash paid for profits to stockholders: ($5,000)
Total cash outflows: ($45,000) + ($11,000) + ($23,000) + ($3,000) + ($5,000) = ($87,000)
To calculate the conclusion balance of cash, we adjoin the total cash inflows to the beginning balance of cash and deduct the total cash outflows:
Ending balance of cash = Beginning balance of cash + Total cash inflows - Total cash outflows
Ending balance of cash = $4,000 + $112,000 - $87,000
Ending balance of cash = $29,000
Therefore, the conclusion balance of cash is $29,000.
Now let's form a statement of cash flows:
Statement of Cash Flows for Dery Trade
Cash flows from operating endeavors:
Cash taken from sale of crop to customers $35,000
Cash taken in demand of services to consumers $25,000
Cash paid to merchandise suppliers ($11,000)
Cash compensated to employees ($23,000)
Cash paid for exhibit ($3,000)
Net cash provided by operating endeavors $23,000
Cash flows from installing activities:
Cash rewarded to purchase laboratory equipment ($45,000)
Cash taken from the sale of an unaccustomed barn $12,000
Net cash used in establishing activities ($33,000)
Cash flows from loan actions:
Cash received from the bank for complete loan $40,000
Cash paid for profits to stockholders ($5,000)
Net cash determined by financing actions $35,000
Net increase in cash $25,000
Beginning balance of cash $4,000
Ending balance of cash $29,000
The statement of cash flows provides facts about the cash inflows and outflows from operating, investing, and outlay endeavors, and shows the net increase in cash all the while the period.
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