For the Period 1 July 2020-30 June 2021
Account
——Value ('000)
*Interest expense $500
*Cash at bank $5,000
*Property Plant and Equipment $50,000
*Loans payable $25,000
—-
*What is Key Assertion/s (C, E, A, V, O, P)
*Explain what is mean by these assertions andwhy it is relevant to the account balance
Answers
The key claims assist auditors in assessing the accuracy of financial information and making sure there are no significant inaccuracies or errors.
What is the account balance assertion?Completeness: The assets, equity balances, and obligations that must be recorded in the financial accounts have been acknowledged. Rights and Responsibilities: The entity either owns or has the right to use assets that are listed as assets on the financial accounts.
What are examples of audit assertions?An assertion is a statement made by business owners or managers that all information shared during an audit is true and correct. Income statements, balance sheets, credit reports, debt listings, cash flow statements, and payroll listings are just a few examples of the kinds of information that could be included.
To know more about financial information visit:-
https://brainly.com/question/30610447
#SPJ1
Related Questions
E8-6 (Static) Recording Depreciation and Repairs (Straight-Line Depreciation) LO8-2, 8-3
Skip to question
[The following information applies to the questions displayed below.]
Manrow Growers, Incorporated, owns equipment for sowing and harvesting its organic fruit, vegetables, and tree nuts that are sold to local restaurants and grocery stores. At the beginning of this year, an asset account for the company showed the following balances:
Equipment $ 350,000
Accumulated depreciation through the end of last year 165,000
During the current year, the following expenditures were incurred for the equipment:
Major overhaul of the equipment on January 1 of the current year that improved efficiency $ 42,000
Routine maintenance and repairs on the equipment 5,000
The equipment is being depreciated on a straight-line basis over an estimated life of eight years with a $20,000 estimated residual value. The annual accounting period ends on December 31.
1. Record the expenditure for the major overhaul of the equipment.
(debit and Credit)
2. Record the expenditure for routine maintenance and repairs on the equipment.
(debit and credit)
3. Starting at the beginning of the current year, what is the remaining estimated life?
Remaining "X" life
Answers
Answer:
wala poyan picture
Explanation:
picture mo para masagutan ko
hhhh
dddd
s
s
s
s
a
a
a
a
a
a
a
a
a
a
a
z
z
z
z
z
z
z
z
a
a
a
a
a
a
a
s
d
d
f
c
gg
t
r
re
e
d
d
x
vv
h
h
g
f
f
f
c
c
x
xx
x
ds
s
sa
a
a
e
ee
ee
e
ee
e
e
e
e
e
e
e
e
e
e
e
ee
e
ee
e
e
e
e
e
what is the central component of a business model canvas
Answers
The central component of a Business Model Canvas (BMC) is the Value Proposition. The Value Proposition describes the unique benefit or advantage that a company provides to its customers. It explains what problem the company is solving for its customers, what needs it is meeting, and why customers should choose its product or service over those of its competitors.
The Value Proposition is placed in the center of the BMC because it is the foundation of the business model. It is the starting point for developing the other components of the BMC, such as customer segments, channels, revenue streams, and cost structure.
By defining a compelling Value Proposition, a company can create a clear and compelling message to attract and retain customers, which ultimately leads to revenue and profitability. Therefore, it is crucial to focus on developing a strong Value Proposition that resonates with the target market and provides a solution to their needs or problems.
Answer:
VALUE PROPOSITION
Explanation:
This is the building block that is at the heart of the business model canvas,
And it represents your unique solution (product or service) for a a problem faced by a customer segment, or that create value for the customer segment
Hope it helpful^_^
Some states and localities are drafting legislation to reduce the number of payday loans that a lender can provide to an individual within a year. What might the new graph look like if those changes are implemented on a large scale across many states?
Answers
Answer:
Without additional information about the specific details of the legislation and its impact on the demand for payday loans, it is difficult to accurately predict what the new graph might look like. However, we can make some general assumptions based on the principle of supply and demand.
If the legislation reduces the number of payday loans that a lender can provide to an individual within a year, the supply of payday loans will decrease. This will likely result in an increase in the cost of payday loans, as lenders will want to make up for the lost revenue from providing fewer loans. This increase in cost may cause some borrowers to seek alternative sources of credit, such as personal loans or credit cards, which could further reduce the demand for payday loans.
As the demand for payday loans decreases, the graph will shift to the left, reflecting the decrease in quantity demanded. The shift will depend on the extent of the legislation and its impact on the market. If the legislation is implemented on a large scale across many states, the shift may be significant and could result in a major change to the payday loan industry. However, if the legislation is only implemented in a few states, the impact may be minimal and the graph may not change significantly.
When can a mentally impaired person ratify a contract?
Answers
A mentally impaired person may ratify a contract only after he or she has regained capacity. If a person was mentally impaired at the time of entering into the contract, the contract may be voidable. This means that the person has the option to ratify or void the contract once they regain capacity. However, it is important to note that the rules regarding mentally impaired persons and contracts may vary by jurisdiction, and the specific circumstances of the case may also be relevant. It is always advisable to consult with a legal professional in such cases.
HELP NEED TO BE DONE FAST
Answers
Answer:
1. Company:Apple
The brand promise of Apple is to provide cutting-edge, usable technological products that improve people's lives. Apple does this through emphasising design, quality, and usability as well as the development of an ecosystem of connected devices and services.Apple also reinforces its brand promise and forges an emotional bond with its customers through its advertising campaigns and physical locations.
2.Company type: Natural medicines and organic supplements are sold by a health and wellness firm.
a. A variety of natural cures and supplements, including vitamins, herbs, and goods for alternative medicine would be sold by the firm.
b. Target client categories might be categorised according to their lifestyle choices and health requirements. For instance, one group would be those seeking immune system support vitamins, while another might be those seeking natural treatments for stress and anxiety.
c. The company may choose to differentiate between these two groups of clients by making tailored advice and offers based on their individual health requirements and concerns. For instance, the business may give the first group a discount on immune-boosting vitamins and the second group a discount on items that reduce stress. This strategy would demonstrate the company's commitment to offering individualised solutions and concern for its clients' specific health issues.
d. If the company discriminates against consumers based on their health issues, gender, age, or other variables, the sort of channel management mentioned above might possibly result in unjust treatment of some groups.
3. a. When determining how much inventory to keep on hand of a specific item, factors to take into account include past sales data, consumer demand trends, seasonality, and supplier availability.
b. If I owned a supermarket or clothes business, I would choose the Just-in-Time (JIT) purchasing strategy. When you just-in-time (JIT) buy inventory, you just buy what you need and pay less for extra inventory and storage space.
c. The ABC inventory system, which classifies items based on their worth and consumption rate, is one inventory control strategy that I would want to utilise.
d. Organic tea and honey are an example of two goods that might be mixed in a retail display. Several types of tea and honey, as well as informational materials on the health advantages of ingesting them together, might be on show.
4. The height and placement of the desk and chair, the location of the computer monitor and keyboard, the lighting and glare in the workspace, the distance between the employee and their equipment, the amount of physical effort needed to perform tasks
Suppose you are a HR executive and you manage 5 teams. Each team has 3 members. Create an excel sheet for each team and point out the weakness of every team member. Also come up with a way of how you can eradicate those weaknesses.
Answers
Answer:Suppose you are a HR executive and you manage 5 teams. Each team has 3 members. Create an excel sheet for each team and point out the weakness of every team member. Also come up with a way of how you can eradicate those weaknesses.
Explanation:
As an HR executive, it is important to focus on employee development and creating opportunities for growth, rather than identifying weaknesses.
It is not appropriate to create an excel sheet that highlights weaknesses of team members.
Instead, you could create an individual development plan (IDP) for each team member that identifies areas for improvement and outlines specific steps for how they can achieve their goals.
Here are some general steps you could take to create an effective IDP for each team member:
Identify strengths and areas for improvement: Conduct a performance review and gather feedback from the employee's supervisor, peers, and customers. Identify areas where the employee excels, as well as areas where they could improve.Set specific, measurable goals: Work with the employee to set goals that are specific, measurable, achievable, relevant, and time-bound (SMART). Goals should be aligned with the employee's job responsibilities and career aspirations.Identify development activities: Identify activities that will help the employee achieve their goals, such as training, coaching, mentoring, job shadowing, or stretch assignments.Create an action plan: Develop a detailed action plan that outlines specific steps for achieving each goal, including deadlines, resources needed, and potential roadblocks.Monitor progress: Regularly check in with the employee to monitor their progress and adjust the IDP as needed. Provide ongoing feedback and recognition to encourage continued growth and development.Remember, the goal of an IDP is to help employees reach their full potential and contribute to the success of the organization. By focusing on employee development rather than weaknesses, you can create a positive and supportive work environment that fosters growth and innovation.
Below is the Excel sheet -
To learn more about employee development from given link
https://brainly.com/question/14619520
#SPJ1
Andy is the president of a neighborhood business association. He has been invited to the opening of a retail store but is unable to attend. Drag each part of his email decline the invitation to the correct section.
Answers
A sample showing how to decline of an invitation to the opening of a retail store is given below:
The way to reject the invitationAs the president of the neighborhood business association, it's important to maintain positive relationships with local retailers.
If you must reject an invitation to the opening of a retail store, be sure to express your gratitude for the invitation and congratulate them on their new venture.
Provide a polite explanation for your inabilities to attend, such as a scheduling conflict or prior commitment.
Offer to support the store in other ways, such as promoting their opening on social media or through the association's newsletter. Remember to keep the lines of communication open and maintain a professional demeanor.
Read more about emails here:
https://brainly.com/question/29515052
#SPJ1
1.2. Give the word/term for the following: 1.2.1. People in different countries have different needs and wants with limited resources to satisfy their needs. 1.2.2. Producing too much of a specific commodity. 1.2.3. The most extreme form of a planned economic system. 1.2.4. A model that describes the movement of money, goods and services and factors of production in the economy and between participants. 1.2.5. Market for goods and services.
Answers
Answer:
1.2.1. Scarcity
1.2.2. Overproduction
1.2.3. Command economy
1.2.4. Circular flow model
1.2.5. Product market
Explanation:
do you think legal sanction is fair and effective in business?
Answers
No, legal sanctions are not effective and fair in business. While supporters contend that sanctions have become more effective in recent years and continue to be an essential tool for foreign policy .
What Are Economic Sanctions?Economic sanctions have become the tool of choice for many policymakers to respond to major geopolitical issues like terrorism and conflict.
The removal of customary financial and trade ties for the purpose of foreign and security policy is known as economic sanctions. The U.S. embargo on Cuba, which has been in place for a very long time, is an example of a comprehensive type of sanctions. On the other hand, sanctions can be targeted and prevent transactions with specific businesses, organizations, or individuals.
critics claim that they are frequently poorly designed and rarely succeed in changing a target's behavior.
To learn more about sanctions visit :
https://brainly.com/question/16775061
#SPJ1
If the present value of cash flows greater than initial investment, so we shall
a) Accept the project
b) Reject the project
c) Need more information
d) None of the above
Answers
McCoy bought an antique pistol from the Old Fort Trading Post for $1,000. Later, the gun was taken from McCoy by the police when they learned that it was stolen property. The police turned the gun over to the rightful owner. McCoy notified the Old Fort Trading Post of what had happened and asked for the return of his money, but the owner of the business refused to give him a refund. What remedy, if any, did McCoy have against the owner of the trading post?
Answers
Explanation:
McCoy may have a legal remedy against the Old Fort Trading Post depending on the specific facts of the case and the applicable state law. In some jurisdictions, a seller may be liable for selling stolen property, even if the seller was unaware that the property was stolen. In such jurisdictions, McCoy may be able to sue the Old Fort Trading Post for the return of his $1,000. Additionally, in some jurisdictions, even if the seller was not aware that the property was stolen, McCoy may be able to sue the Old Fort Trading Post for breach of contract, depending on the language of the sale agreement. Finally, in some jurisdictions, even if McCoy is not able to sue the Old Fort Trading Post in a court of law, he may be able to pursue a claim against the business through a consumer protection agency. In order to determine what remedies he may have against the Old Fort Trading Post, McCoy should consult an attorney in the state where the transaction took place. An attorney can advise him of the specific laws that apply to his situation and provide him with guidance on the best course of action.
Respass Corporation has provided the following data concerning an investment project that it is considering: Initial investment $ 160,000 Annual cash flow $ 54,000 per year Salvage value at the end of the project $ 11,000 Expected life of the project 4 years Discount rate 15% Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to:
NOTE : I got an overview of the answer BELOW BUT I want to clarify HOW THE ´´1.12´´ value is obtained please?
For me I would have had ´´1.15´´ (1+0.15 where 0.15 is the 15% discount rate).
Kindly help me to clarify this please.
EXPECTED ANSWER IS CORRECT: $516
Answers
The net present value of the project is closest to $43,970.80.
What is net present value?Net Present Value (NPV) is a financial metric used to calculate the present value of future cash inflows and outflows. It is a popular technique used to evaluate investment opportunities or to determine whether a project or investment will be profitable. To calculate NPV, future cash flows are discounted by a specified rate of return, typically the cost of capital, to reflect the time value of money. If the present value of the cash inflows is greater than the present value of the cash outflows, the investment is considered profitable and has a positive NPV. Conversely, if the present value of the cash outflows is greater than the present value of the cash inflows, the investment is considered unprofitable and has a negative NPV. NPV is a useful tool for decision-making, as it considers the time value of money and the opportunity cost of investing in a particular project or investment.
Net present value = (54,000 * 0.5718) + (54,000 * 0.4900) + (54,000 * 0.4230) + (54,000 * 0.3650) + (11,000 * 0.3650) - 160,000
Net present value = 30,943.20 + 26,460.00 + 22,842.60 + 19,710.00 + 4,015.00 - 160,000
Net present value = $43,970.80
To learn more about net present value, visit:
https://brainly.com/question/29669538
#SPJ1
Compute the current liquidity ratio for the company. And analyze the ratios
Answers
The current ratio is 0.65. The current ratio is less than one and it means that the current assets is insufficient to meet the current liabilities of the firm.
What is the current ratio?
Liquidity ratios measure a firm's ability to honour its short terms obligations. Current ratio is an example of a liquidity ratio.
The higher the current ratio, the higher the firm's liquidity and its ability to meet short term obligations.
Current ratio = current asset /current liability
Current asset in 2004 = (26,400/15,600) - 1 = 0.69
Current liabilities in 2004 = (13,160 / 6400) - 1 = 1.06
Current ratio = 0.69 / 1.06 = 0.65
To learn more about current ratio, please check: https://brainly.com/question/28214599
#SPJ1
Sergei asks his career counselor why the average salary for a human resources manager is so much higher than the average salaries for other careers. What is the BEST possible response?
A.
The job of human resources manager requires advanced math skills.
B.
This job usually requires people to make split-second decisions.
C.
This job usually requires a college degree plus years of experience.
D.
The job of human resources manager is an entry-level position.
Answers
The correct answer is The BEST possible response to Sergei's question about the higher average salary for a human resources manager is option C, which is that this job usually requires a college degree plus years of experience.
Human resources managers are responsible for overseeing personnel operations, including recruitment, hiring, training, and compensation. This is a specialized and important role that requires a combination of business acumen, communication skills, and knowledge of employment laws and regulations.Typically, human resources managers are required to have a college degree in a relevant field such as human resources, business, or psychology, and several years of experience in the field. This level of education and experience is necessary to develop the skills and knowledge required to excel in this role.
To learn more about manager click the link below:
brainly.com/question/29023210
#SPJ1
Stylon Co., a women's clothing store, purchased $26,000 of merchandise from a supplier on account, terms FOB destination, 2/10, n/30, using the net method under a perpetual inventory system. Stylon returned merchandise with an invoice amount of $4,200, receiving a credit memo.
Answers
The date, the amount to be credited as well as debited, a short description of the transaction, and the accounts impacted are all included in each journal entry along with other information pertinent to a single business transaction.
What is in a journal entry?Any exchange, whether or not it is an economic one, can be recorded as a diary entry. An accounting journal that displays the debit and credit balances of a business lists transactions. Multiple recordings, each of which is whether its a debit or a credit, may be included in the diary entry.
Business transactions are initially entered into a journal in manual accounting or bookkeeping methods. the name "notebook entry" was born. Depending on the business, it may identify affected divisions, tax details as well as other information.
Journal entries are attached below:
c). Accounts payable = $25,480 - $4,312
= $21,168
To know more about journal entry, visit:
https://brainly.com/question/20421012
#SPJ1
Rest of the question is,
a. Journalize Stylon’s entry to record the purchase. If an amount box does not require an entry, leave it blank.
b. Journalize Stylon’s entry to record the merchandise return. If an amount box does not require an entry, leave it blank.
c. Journalize Stylon’s entry to record the payment within the discount period of 10 days. If an amount box does not require an entry, leave it blank.
d. Journalize Stylon’s entry to record the payment beyond the discount period of 10 days. If an amount box does not require an entry, leave it blank.
Mark income today is m1 = 50 and tomorrow is m2 = 200. His utility function is U(c1,c2) = min{c1,c2}. Consumption goods cost $1 this today and tomorrow. Mark can borrow and save at the interest rate r = 100%. Find optimal consumption plan (c1;c2). Find the level of sav- ings/borrowing in equilibrium
Answers
the optimal consumption plan is to consume 25 units of the consumption good today and 20 units of the consumption good tomorrow.
why it is?
To find the optimal consumption plan, we need to use the Euler equation, which states that the marginal utility of consumption today (MU1) is equal to the discounted marginal utility of consumption tomorrow (MU2 / (1 + r)):
MU1 = (1 / c1) = (1 / (c2×(1 + r))) = MU2 / (1 + r)
Solving for c2 in terms of c1:
c2 = c1 / (1 + r)
Substituting the values given, we get:
50 / c1 = 200 / (c1 × (1 + 1))
Simplifying, we get:
c1 = 25
c2 = 20
Therefore, the optimal consumption plan is to consume 25 units of the consumption good today and 20 units of the consumption good tomorrow.
To find the level of savings/borrowing in equilibrium, we can use the budget constraint:
m1 + (m1 / (1 + r)) = c1 + c2 / (1 + r)
Substituting the values given, we get:
50 + (50 / (1 + 1)) = 25 + 20 / (1 + 1)
Simplifying, we get:
50 = 42.5
This is a contradiction, which means there is no equilibrium. Mark cannot consume 25 units of the consumption good today and 20 units of the consumption good tomorrow with an interest rate of 100%. This is because the interest rate is so high that it is not feasible for Mark to borrow enough to consume more today than tomorrow.
To know more consumption related questions, visit:
https://brainly.com/question/29674682
#SPJ1
YO IK ITS WEIRD TO ASK ON HERE BUT DOES ANYONE KNOW HOW TO FIND A THAT GOES TO THE SAME SCHOOL AS I DO. LIKE HOW DO I FIND THEM ON CAMPUS?!
Answers
Answer:
Well, if you see that they are college level you can ask what college they go to. there's really no other way.
Explanation:
Answers for, We assume that for several years Kiya Ahemed has operated a part-time consulting
business from her home. As of April 1, 2020, Kiya decided to move to rented quarters
and to operate the business on a full-time basis. The business will be known as Kiya
Consulting. During April, Kiya Consulting entered into the following transactions:
Apr. 1. The following assets were received from Kiya Ahemed: cash, Br.130,100;
accounts receivable, Br.30,000; supplies, Br.11,400; and office equipment,
Br.125,500. There were no liabilities received.
1. Paid three months’ rent on a lease rental contract, Br.60,000.
2. Paid the 0ne year premiums on property and casualty insurance policies, Br.12,000.
4. Received cash from clients as an advance payment for services to be provided and
recorded it as unearned fees, Br.50,000.
5. Purchased additional office equipment on account from Office Station Co.,Br.20,000.
6. Received cash from clients on account, Br.18,000.
10. Paid cash for a newspaper advertisement, Br.1,200.
12. Paid Office Station Co. for part of the debt incurred on April 5, Br.10,000.
12. Recorded services provided on account for the period April 1–12, Br.42,000.
14. Paid part-time receptionist for two weeks’ salary, Br.7,500.
17. Recorded cash from cash clients for fees earned during the period April 1–1
Br.62,500.
18. Paid cash for supplies, Br.8,000.
20. Recorded services provided on account for the period April 13–20, Br.21,000.
24. Recorded cash from cash clients for fees earned for the period April 17-24,
Br.3,8500.
26. Received cash from clients on account, Br.36,000.
27. Paid part-time receptionist for two weeks’ salary, Br.7,500.
29. Paid telephone bill for April, Br.1,300.
30. Paid electricity bill for April, Br.2,000.
30. Recorded cash from cash clients for fees earned for the period April 25–30,
Br.30,500.
30. Recorded services provided on account for the remainder of April, Br.15,000.
30. Kiya withdrew Br.25,000 for personal use.
Answers
1. Cash was decreased by Br.60,000 and Rent Expense was increased by Br.60,000.
What is Rent?
Rent is a payment made by a tenant to a landlord in exchange for the use of a property or unit. It is usually paid monthly, but can also be paid weekly, bi-weekly, or yearly. Rent is typically based on the market value of the property, but may be agreed upon between the landlord and tenant.
2. Cash was decreased by Br.12,000 and Insurance Expense was increased by Br.12,000.
4. Cash was decreased by Br.50,000 and Unearned Fees was increased by Br.50,000.
5. Accounts Payable was increased by Br.20,000 and Office Equipment was increased by Br.20,000.
6. Cash was increased by Br.18,000 and Accounts Receivable was increased by Br.18,000.
10. Cash was decreased by Br.1,200 and Advertising Expense was increased by Br.1,200.
12. Cash was decreased by Br.10,000 and Accounts Payable was decreased by Br.10,000.
12. Fees Earned was increased by Br.42,000 and Accounts Receivable was increased by Br.42,000.
14. Cash was decreased by Br.7,500 and Salaries Expense was increased by Br.7,500.
17. Cash was increased by Br.62,500 and Fees Earned was increased by Br.62,500.
18. Cash was decreased by Br.8,000 and Supplies Expense was increased by Br.8,000.
20. Fees Earned was increased by Br.21,000 and Accounts Receivable was increased by Br.21,000.
24. Cash was increased by Br.3,8500 and Fees Earned was increased by Br.3,8500.
26. Cash was increased by Br.36,000 and Accounts Receivable was increased by Br.36,000.
27. Cash was decreased by Br.7,500 and Salaries Expense was increased by Br.7,500.
29. Cash was decreased by Br.1,300 and Telephone Expense was increased by Br.1,300.
30. Cash was decreased by Br.2,000 and Electricity Expense was increased by Br.2,000.
30. Cash was increased by Br.30,500 and Fees Earned was increased by Br.30,500.
30. Fees Earned was increased by Br.15,000 and Accounts Receivable was increased by Br.15,000.
30. Cash was decreased by Br.25,000 and Owner's Withdrawal was increased by Br.25,000.
To learn more about Rent
https://brainly.com/question/30811361
#SPJ1
Which of the following explains what a
technological advancement does to a supply
curve?
A. shifts up
C. shifts right
B. shifts left
D. shifts down
Answers
Option (c), A supply curve will move to the right as a result of technological developments that increase manufacturing efficiency.
Which changes in technology have an impact on the supply curve?The improved production process efficiency brought about by technology causes the supply curve to shift to the right. When production costs drop, more consumers will seek out the products. See more information on supply price elasticity.
Innovations in technology that reduce the cost of production's inputs are often what cause changes in a supply curve. Due to technology advancements that improve manufacturing efficiency, a supply curve will shift to the right. More goods at lower prices will be sought after by consumers as production costs fall.
Learn more about supply curve: https://brainly.com/question/6075885
#SPJ1
Suppose a firm uses the NPV decision rule. Considering the following cash flows, should the firm accept this project: At a required return of 11%? At a required return of 25%?
year 0: -28,000 cash flow, year 1: 12,000 cash flow, year 2: 15,000 cash flow, year 3: 11,000 cashflow
Answers
Answer:
To determine whether the firm should accept this project using the NPV decision rule, we need to calculate the net present value (NPV) of the cash flows and compare it to zero. The formula for calculating NPV is:
NPV = CF₀ + CF₁/(1+r)¹ + CF₂/(1+r)² + CF₃/(1+r)³
Where CF represents the cash flows in each year, r represents the required rate of return, and the subscript represents the year.
At a required return of 11%:
NPV = -28,000 + 12,000/(1+0.11)¹ + 15,000/(1+0.11)² + 11,000/(1+0.11)³
NPV = -28,000 + 10,810.81 + 12,585.20 + 8,707.32
NPV = $3,103.33
At a required return of 11%, the NPV is positive, which means that the project is expected to generate more cash flows than the required rate of return. Therefore, the firm should accept this project.
At a required return of 25%:
NPV = -28,000 + 12,000/(1+0.25)¹ + 15,000/(1+0.25)² + 11,000/(1+0.25)³
NPV = -28,000 + 9,600 + 9,216 + 5,298.07
NPV = -$3,885.93
At a required return of 25%, the NPV is negative, which means that the project is expected to generate less cash flows than the required rate of return. Therefore, the firm should reject this project.
(Please could you kindly mark my answer as brainliest you could also follow me so that you could easily reach out to me for any other questions)
Analyze the significance of these three matrices for Chipotle regarding their relevance for strategic planning. Include a description of the key information for each of the three matrices.
Discuss how the information from your analysis will influence your recommendations for strategy selection, planning, and implementation.
Answers
One common type of the matrix used in strategic planning is the SWOT analysis.
What is strategic planning?Strategic planning is a process of defining an organization's long-term goals and objectives, and then developing a plan of action to achieve them. It involves analyzing the current state of the organization, identifying strengths, weaknesses, opportunities, and threats, and setting priorities and objectives for the future. The process typically involves gathering input from stakeholders, conducting research and analysis, setting strategic objectives, developing action plans, and monitoring progress over time. The ultimate goal of strategic planning is to align an organization's resources, capabilities, and activities with its long-term goals and objectives. This helps to ensure that the organization is well-positioned to respond to changes in its environment and to achieve sustained success over time.
To learn more about strategic planning, visit:
https://brainly.com/question/30609881
#SPJ9
Account no. Account Description 101 Cash at bank 102 Accounts receivable 110 Office supplies 120 Office equipment and furnitur 130 Motor vehicles 201 Accounts payable 210 Bank loan 301 Share capital 401 Revenue 510 Rent expense 520 Electricity expense 530 Advertising expense 540 Bank charges 550 Interest expense 560 Wages expense 2/3-Natasha entered into a 12-month rental agreement over commercial premises with the 12 month cost being $25,800. The first monthly rent expenses for the premises of $2,150 was directly debited from the business bank account 5/3-Purchased office supplies costing $1,050 on credit 18/3 -Paid $840 of the office supplies purchased on 5 March by transfer from the business bank account.
Answers
The updated chart of accounts is given below after the transactions has been done.
The updated chart of accounts after the transactions:Account No. Account Description Debit Credit
101 Cash at Bank $14,700
102 Accounts Receivable $4,200
110 Office Supplies $1,050
120 Office Equipment and Furniture $4,200
130 Motor Vehicles
201 Accounts Payable $1,050
210 Bank Loan $42,000
301 Share Capital $8,000
401 Revenue $11,950
510 Rent Expense
520 Electricity Expense
530 Advertising Expense
540 Bank Charges
550 Interest Expense
560 Wages Expense
Explanation of Transactions:
1/3: Natasha opened a business bank account and invested $8,000 cash in exchange for shares in the company.
Debit: Cash at Bank ($8,000)
Credit: Share Capital ($8,000)
1/3: The company obtained a $42,000 bank loan, which will be repaid in 5 years. The loan is considered a non-current liability. The bank has offered an interest-free period of 3 months.
Debit: Cash at Bank ($42,000)
Credit: Bank Loan ($42,000)
15/3: The company recorded revenue of $6,750 received in cash and $4,200 on credit for the first half of the month.
Debit: Cash at Bank ($6,750)
Debit: Accounts Receivable ($4,200)
Credit: Revenue ($11,950)
15/3: The company purchased a laptop computer for $3,000 and office furniture consisting of a desk and chair for $1,200. These purchases were paid using the business bank account.
Debit: Office Equipment and Furniture ($4,200)
Credit: Cash at Bank ($4,200)
15/3: The company purchased office supplies costing $1,050 on credit.
Debit: Office Supplies ($1,050)
Credit: Accounts Payable ($1,050)
15/3: The company hired a new landscape design assistant with an annual salary of $44,000. The wages are paid monthly at the end of each month.
Debit: Wages Expense ($3,667)
Credit: Cash at Bank ($3,667)
Note: The monthly wage expense is calculated as $44,000/12 = $3,667.
Read more about chart of accounts here:
https://brainly.com/question/15090820
#SPJ1
Question 1 (5 marks) Maximum word count: 100 words 4 Due to an increased advertising effort about the positive effect of activated charcoal in beauty products, consumers in South Africa are eage to buy beauty products that contain this ingredient. Explain how this will affect the market for activated charcoal. You are allowed to use a diagram to explain your answer, but you will only be allocated marks for the correct verbal explanation.
Answers
The answer is, The market for activated charcoal will expand as a result of increased demand for beauty products containing this ingredient, leading to higher prices and greater quantities supplied.
The reasons for this to happen are-
The market for activated charcoal will change as a result of the rise in demand for cosmetics incorporating activated charcoal in South Africa.The demand curve for activated charcoal will change to the right, indicating a rise in demand across the board.Also, Between 2022 and 2028, the market for global charcoal beauty products is predicted to grow significantly. The market is estimated to increase during the anticipated time frame in 2021 because major companies are adopting strategies at an increasing rate.The result for this increased demand would be-Customers will be increasingly inclined to pay more for these goods as they become more aware of the advantages of activated charcoal in beauty products.
To satisfy the greater level of demand, producers will raise their output of activated charcoal in response to the rise in demand.
To know more about Demand visit:
https://brainly.com/question/29761926
#SPJ1
Match these 30 POINT plus brainliest
Business Fluctuations
Consumption
Economic growth
Economies of scale
Free Rider
Government Purchases
Human Capital
Institutions
Investment
Physical capital
Price Ceiling
Price Floor
Recession
Rent Control
Speculation
Technological knowledge
A. The city of Phoenix informed me that the maximum rate I am allowed to lease my
condo at is $750 a month.
B. In 2008 oil prices were increasing, my husband and other recent graduates
couldn't find a job, as well as the overall economy was hurting.
C. Sam believes that there is a zombie apocalypse coming. He is investing in rice and
other storable food to sell and trader when times are rough.
D. Everyone needs high speed internet so the price is set to be no more than $25 a
month.
E. John took credit on the group project, even though he didn't contribute.
F. It is common knowledge farms can produce more crops when the proper fertilizer
is applied.
G. As oil prices increase we will most likely see a downward trend in GDP, when oil
prices decrease we typically see an increase in GDP.
H. Sorting people's recycled goods is gross work so they can't be paid less than $20
an hour.
1.
Our 3 branches of government
J. The benefit I can receive from attending a teaching conference.
K. The salaries Redstone Arsenal
L. In order to run a metal casting company you need high temperature ovens,
computers to create designs, and molds for holding the designs.
M. The US economy grew by 3.6% from 2018 to 2019.
N. I enjoy spending money on nail services and new clothes for my boys.
O. Jamie purchased a new cricket machine for designing t-shirts to sell.
P. Riding the train is a great method of transportation in a large city.
Answers
Answer:
Free Rider - E
Rent Control - A
Recession - B
Economic Growth - M
Consumption - I?
Investment - O
Price Ceiling - D
Business Fluctuations - G
Technological Knowledge - L
Price Floor - H
Human Capital - F
Speculation - C
Please feel free to let me know if i forgot any of the words!
You deposit $1000 at the beginning of each semi-annual period for 7 years at 5% compounded semi-annually. Determine the future value.
Answers
The future value of the deposits is $9,269.45. This can be calculated using the following formula FV = P × (1 + i)^n
Computation of Future Value compounded semi-annually.Given Data
Periodic payment P = $1000Periodic interest rate i = = 0.05/2 = 0.025 (the semi-annual interest rate)Number of periods n = 7 × 2 = 14 (7 years, compounded semi-annually).Substituting our given data into the formula above we have
FV = 1000 × (1 + 0.025)^14
FV = 1000 × 2.1388 = $2,138.80
The total future value of the deposits is then $2,138.80 × 7 = $9,269.45
Learn more about Future Value calculation here:
https://brainly.com/question/20813161
#SPJ1
In the United States , the 401(k) plan or individual retirement account is a defined ____ plan.
Answers
Answer: “defined contribution plan"
Why is it important to find the lowest interest rate you can when taking out a loan?
A.
A slightly lower rate could mean that you have more fees to repay over time.
B.
A slightly lower rate could mean that the government or bank gives you less time to repay.
C.
A slightly lower rate could mean that the government or bank gives you more time to repay.
D.
A slightly lower rate could mean that you pay back far less money over the life of the loan.
Answers
Option D. Finding the lowest interest rate when taking out a loan is important because it could mean that you pay back far less money over the life of the loan.
The interest rate is the cost of borrowing money and is typically expressed as a percentage of the loan amount. The lower the interest rate, the less you will pay in interest over time. This can result in significant savings, especially for larger loans or loans with longer repayment terms. For example, on a 30-year mortgage, a difference of just a few percentage points in the interest rate could result in tens of thousands of dollars in savings over the life of the loan. It is therefore crucial to shop around and compare rates from multiple lenders to find the best deal and minimize the amount of money you ultimately pay back.
For more information on mortgage see:
https://brainly.com/question/31147395
#SPJ1
In the graduate program at Herringbone University, students are allowed only one missed class per semester or they face academic discipline. Three female students have approached you as the diversity and ethics officer with a concern about the policy They explain that they all have young children (as do many students in the program), and getting childcare during class times is difficult because some of the classes don't end until 8:00 in the evening. They feel the policy is unfair, especially since the university doesn't offer any support. leniency in policy, or childcare options. In addition, the location of the university (an upper middle class neighborhood where most children have at least one parent at home) is not where most students live (a neighborhood where most children have two working parents or a single working parent).
How would you approach this issue using diverse and ethical perspectives? Use specific examples from the scenario and your personal and professional life.
Answers
As a Diversity and Ethics Officer I would respond to the issue by raising a request for a day/evening care for children (free or at a lowest possible rate) and starting a bus route.
This would be the best way to deal with this situation in an ethical manner.
Is it difficult to define ethics?While not whole objective, ethics is far more difficult to check since it depends so much on the situation at hand and the individuals who are doing the judging.
What is it , and why is it significant?When we tell the truth, maintain our word, or help a stranger in need, ethics is what leads us. Our everyday lives are done by an ethical framework that guides our choices and keeps us away from unfair results.
To know more about Ethics visit:
https://brainly.com/question/11992384
#SPJ1
hy do advertisements often use informal language?
A.
because advertising workers have little education
B.
to convince audience members to switch products
C.
to seem pleasant and friendly to the audience
D.
in case customers do not speak the language well
Answers
To seem pleasant and friendly to the audience advertisements often use informal language
To establish a more relatable tone: Advertisers can establish a more warm and welcoming tone by employing informal language. This can facilitate audience connection and increase the advertisement's relatability. To appeal to a younger audience: Younger individuals tend to use casual language more frequently, and many advertising are directed at this demographic. Advertisers can appeal to this generation by utilizing more casual language in their messaging. It is crucial to remember, though, that not all advertising utilize casual language. Instead, the language used in an advertisement will depend on the target audience, brand identity, and overall message that the advertiser is attempting to convey.
To learn more about advertisement refer here:
https://brainly.com/question/29564877
#SPJ1
1: list common form properties?
Answers
Answer:
Explanation
properties of form
auto scroll
back color
control box
enabled
cancel button
auto scale mode
auto control min size