Answers
Answer:
$3,063,750
Explanation:
A 180 day $3,000,000 CD
Annual rate = 4.25%
Collection in 180 days = ?
$3,000,000 * 4.25% * 180/360
= $3,000,000 * 0.02125
= $63,750
Total amount to collect after 180 days = $3,000,000 + $63,750
Total amount to collect after 180 days = $3,063,750
Related Questions
After the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger of Nuclear Landscaping Co.:
Felix Godwin, Capital $964,080
Felix Godwin, Drawing 28,000
Fees Earned 632,080
Wages Expense 494,400
Rent Expense 118,700
Supplies Expense 44,495
Miscellaneous Expense 14,830
Journalize the two entries required to close the accounts.
Answers
Answer: The answer is given below
Explanation:
It should be noted that during the calculation, the total expense was gotten as $672,425 and this includes the rent, wages, supplies and miscellaneous expenses. The expense was higher than the fees earned of $632,080 by $40,345. Therefpre, the loss of $40,345 decreases the capital account and the capital account was debited.
Lastly, while close the drawings account, the capital account was debited and the drawings account was credited by $28,000.
Check the attachment for the journal
Do you have, or have you ever had test-taking anxiety? What strategies will you use to manage test anxiety?
Answers
Explanation:
My test anxiety generally comes from a desire to do well. It usually accompanies the situation where I am not as prepared for the test as I would like to be, or where I have no idea what subject matter the test may cover.
__
My anxiety management strategy is to prepare for a test as well as I can in the time allotted, and detach from the outcome. In the case of specific subject matter tests (as opposed to "achievement" tests), a well-made test will be educational, so later questions help answer earlier ones. Paying attention to that possibility also manages test anxiety by letting me go back and correctly answer questions I might have missed.
__
One of the most effective techniques for managing test anxiety (beyond a decent level of preparation), is the use of Emotional Freedom Techniques (EFT), also known as "tapping." A few rounds of tapping on specific points on bodily energy meridians can greatly relieve stress and improve test performance. The process takes only minutes to learn and execute, and can be very effective. (Look up articles or videos on EFT Tapping.)
For a monopolistically competitive firm,A. marginal revenue and price are the same.B. average revenue and price are the same.C. at the profit-maximizing quantity of output, price equals marginal cost.D. at the profit-maximizing quantity of output, price equals the minimum of average total cost.
Answers
Answer:
The firm has the features of both a monopolist and a firm in perfect competition.
This comes from the fact that in monopolistic competition, each firm's product is a little varies from the products of other firms. Since the products are not exactly the same, each firm has some power in acknowledging the price for its own product. In more economics-sounding terms, each firm is not a price-taker.
At the same time, a monopolistically competitive firm varies from a monopolist in two crucial ways. One, there are several sellers in a monopolistically competitive market.
At the same time, there are no hindrance to entry and exit in monopolistic competition, and firms can enter and exit the market as they prefer. These two aspects make it same to a firm in perfect competition.
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Patterson Corporation expects to incur $70,000 of factory overhead and $60,000 of general and administrative costs next year. Direct labor costs at $5 per hour are expected to total $50,000. If factory overhead is to be applied per direct labor hour, how much overhead will be applied to a job incurring 20 hours of direct labor
Answers
Answer:
$140
Explanation:
With regards to the above, since the factory overhead is to be applied per direct labor hour
= [$70,000 ÷ ($50,000 ÷ $5) 20 hours]
= $70,000 ÷ 10,000 × 20 hours
= $7 × 20 hours
= $140
Therefore, $120 will be applied to job incurring 20 hours of direct labor
She wants a career that lets her travel to different companies and show workers there how to use complex software. Which term BEST describes Mara’s career goal? team-building specialist external trainer internal trainer cohesion specialist
Answers
The term that describes Mara’s career goal is to be an external trainer. Option (b) is correct.
What do you mean by cohesion specialist?Plan social cohesion activities centered around your neighborhood, ensuring the use of Do No Harm and conflict-sensitive strategies is a Cohesion specialist.
External training is distinguished by the possibility that the instructors have more extensive training backgrounds and more in-depth theoretical and practical knowledge. Employees can get a different perspective and learn about new methods thanks to external training, which also brings ideas from outside the organization.
Therefore, Option (b) is correct.
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Brooke and John formed a partnership. Brooke received a 40% interest in partnership capital and profits in exchange for contributing land (basis of $30,000 and fair market value of $120,000). John received a 60% interest in partnership capital and profits in exchange for contributing $180,000 of cash. Three years after the contribution date, the land contributed by Brooke is sold by the partnership to a third party for $150,000. What gain must Brooke recognize on the land contribution when establishing the partnership
Answers
Answer:
$102,000
Explanation:
According to 26 US code Section 704(c) - Partner's distributive share :
Taxable gain to be recognized from sale = Sale value - ( Partner's share * Fair market value )
Brooke contributed the land, the gain realized before the land was contributed = $120,000 - $90,000 will be allocated entirely to her. She will also be allocated 40% of the gain after the contribution was made = ($150,000 - $120,000) x 40% = $30,000 x 40% = $12,000.
So the total gain recognized by Brooke will be $90,000 + $12,000 = $102,000.
Partnerships are pass through entities, the partners are taxed, not the partnership itself.
Discuss whether consumers will gain or lose from trade in the following cases below:________
a) The importing country when the market is perfect competition (3 points)
b) The exporting country when the market is perfect competition (3 points)
Answers
Answer:
a. Gain
b. Lose
Explanation:
a. The consumers in Importing country will gain in a perfect competition because imports by the country will increase the variety of products available and in a perfect competition every seller have the equal chance to sell its goods, so in order to increase sales the sellers may reduce prices which will result in a gain for the consumers.
b. The consumers in exporting country will lose in a perfect competition because the country is exporting the goods to another country and so the country exporting the goods will be left with limited goods and due to equal demand the prices will remain same or may increase if demand is increased which will result in a loss for the consumers of goods in a exporting country.
lead a particular function or a subunit within a function. *
General Manager
Functional Manager
Front-Line Manager
ОСЕО
Answers
Answer:
Functional managers are accountable to manage people with specific skills and different resources within a department or section to meet functional objectives as well as corporate objectives. ... Sometimes, both functional managers and project managers have to work together to share resources and experience.
Explanation:function manager
[The following information applies to the questions displayed below.]
On January 1, 2024, Splash City issues $320,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year.
Assuming the market interest rate on the issue date is 9%, the bonds will issue at $293,938.
2. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024.
(Interest Expense does not equal 12800)
Answers
To record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024, we need to consider the issuance of the bonds and the accrual of interest expense.
1. Bond Issue on January 1, 2024:
Date Account Debit Credit
--------------------------------------------------------
January 1, 2024 Cash $293,938
Bonds Payable $320,000
To record the issuance of $320,000 face value bonds at a discounted price of $293,938.
2. Semiannual Interest Payment on June 30, 2024:
Date Account Debit Credit
--------------------------------------------------------
June 30, 2024 Interest Expense $14,400
Cash $14,400
To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from January 1, 2024, to June 30, 2024.
3. Semiannual Interest Payment on December 31, 2024:
Date Account Debit Credit
--------------------------------------------------------
December 31, 2024 Interest Expense $14,400
Cash $14,400
To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from July 1, 2024, to December 31, 2024.
Please note that the interest expense amount mentioned in the question might be incorrect. Based on the information provided, the interest expense should be $12,800 for each semiannual interest payment, resulting in a total of $25,600 for the year 2024.
I
5. In a few sentences, explain the difference between a fixed exchange rate and a
flexible exchange rate. What are the basic advantages and disadvantages of each?
(4 points)
Answers
A fixed exchange rate is a type of exchange rate regime in which the government or central bank ties the official exchange rate to another country's currency or the price of gold.
The official exchange rate is fixed by the government or central bank, and it is kept constant. The government or central bank must be prepared to buy or sell its currency at the official exchange rate in order to keep it fixed. A flexible exchange rate, on the other hand, is a type of exchange rate regime in which the value of a currency is determined by supply and demand on the foreign exchange market.
Advantages of Fixed Exchange Rate:
Stable exchange rates are beneficial for businesses that require currency predictability. The central bank may employ monetary policy tools more effectively, resulting in lower inflation rates. It is less likely that a currency crisis would occur.
Disadvantages of Fixed Exchange Rate:
It limits a country's monetary policy independence because it must have sufficient foreign currency reserves to maintain the fixed rate. The country's economy may be hurt if the fixed exchange rate is too high.
Advantages of Flexible Exchange Rate:
A flexible exchange rate enables a country to adjust to changes in economic circumstances such as inflation, international competitiveness, and other economic conditions. It allows a nation to conduct an independent monetary policy.
Disadvantages of Flexible Exchange Rate:
Price stability may be difficult to achieve because the exchange rate is more volatile. Businesses may find it more challenging to plan for the future because of the unpredictability of exchange rates.
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What are some strategies that you can use to prepare to file taxes each year? What would be
the benefits of these strategies?
Answers
Provide Dependents' Social Security Numbers.
Organize Your Records and Documents.
Contribute to Your Retirement Accounts.
Lower Your Taxable Income.
Another term for "food poisoning" is:
Shigella
Food virus
Super virus
Norovirus
Answers
Answer:
Norovirus
Explanation:
Noroviruses are the number one source of foodborne disease. However, certain germs and chemicals could also contribute to foodborne diseases. Norovirus disease is also not connected to the influenza virus that is caused by it. Also, the food poisoning arise from eating outside foods or we can say junk foods
Therefore according to the given scenario food poisoning is related to the norovirus. So, the correct option is Norovirus
.
WHAT IS OPERANT CONDITIONG
Answers
Answer:
Operant conditioning is a type of associative learning process through which the strength of a behavior is modified by reinforcement or punishment. It is also a procedure that is used to bring about such learning.
Operant conditioning refers to the conditioning of behaviours and responses that are under the control of animals and human beings and are emitted voluntarily by them. The behaviour is learned, maintained or changed through its consequences called reinforcers.
define federal deposit insurance corporation.
Answers
What is the link between managing ineffective performers and organizational productivity?
Answers
Ineffective performance is defined as an employee's inability to meet a specified level of performance and is usually ascribed to the working environment. The capacity of an organization to fulfill its goals while avoiding costs is referred to as organizational productivity.
What effect does organization have on productivity?According to studies, competent management may considerably enhance production, market value, and growth, as well as the capacity to resist bad events such as a recession.
Ineffective personnel have a significant negative impact on organizational productivity. To increase the performance of such personnel, certain managerial steps must be taken.
Managers should closely monitor, engage, encourage, and guide ineffective employees. Bosses should design motivational strategies and identify the root reason of an employee's incapacity to succeed. Employees are affected by a variety of circumstances, including coworkers, the environment, family disruptions, and salaries.
As a result, supervisors must recognize the issue and properly aid the employee. Criticism from superiors causes work-related stress, which leads to ineffectiveness; thus, empathic managers may resolve these differences and strengthen the working relationship.
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HELP
Which of the following is not true of how you should give directions to a visitor or guest?
You should create a mental picture of the entire route in your mind and picture yourself walking or driving it along with the guest.
You should give a travel time estimate for the whole trip from start to finish instead of from landmark to landmark, since that gets confusing.
You should give your guest the simplest route, not the quickest, because you don't want them to get lost along the way.
You should ask the customer to repeat the directions back to you so you can make sure they have understood them properly.
Answers
Answer:
The statement "You should give your guest the simplest route, not the quickest, because you don't want them to get lost along the way." is not true. It is usually best to give the quickest route to the destination, as long as it is not too complicated or confusing. It is important to provide clear and concise directions to help the guest arrive at their destination efficiently and without getting lost. However, if the quickest route is very complicated or difficult to follow, it may be more helpful to provide a simpler route that is easier for the guest to understand and follow. Asking the guest to repeat the directions back to you can also be a helpful way to ensure that they have understood the directions properly.
Explanation:
Who manages the company at transnet
Answers
The company at Transnet is managed by the Government of the Republic of South Africa and is the custodian of rail, ports, and pipelines.
Large South African pipeline, port, and rail firm Transnet SOC Ltd is headquartered in Johannesburg's Carlton Center. On April 1st, 1990, a limited company was established. The Department of Public Enterprises, or DPE, of the South African government, owns the bulk of the company's equity.
The goal of Transnet is to maintain an internationally competitive freight network that supports sustained economic growth and diversification in the nation. Transnet Pipelines, formerly known as Petronet, is currently providing transportation services for petroleum and gas products over variable distances to two important industries (fuel and gas).
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Given acceptable credit utilization is 30%, if you have a credit limit of $1000 -
how much can you comfortably spend to maintain a good credit rating?
O $300
O $333
O $150
O $500
Answers
What strategy should be applied when other strategies are ineffective and the company needs to change quickly
Answers
Answer:
Plan Carefully. ...
Be as Transparent as Possible. ...
Tell the Truth. ...
Communicate. ...
Create a Roadmap. ...
Provide Training. ...
Invite Participation. ...
Don't Expect to Implement Change Overnight.
Explanation:
Which statement BEST matches the image. Cannot be used more than once. < < soda soda soda 个 orange juice • A orange juice • A orange juice A 1. Inefficient / Underutilization 2. Impossible / Unobtainable Technological advances in production 3. 4. Efficient Production
Answers
We can see here that the statement that best matches the image is Inefficient production / Underutilization.
What is inefficient production?Inefficient production refers to a situation where resources are not utilized optimally or where the production process does not achieve the highest possible output given the available resources and technology. It implies that the production process is not operating at its maximum efficiency or effectiveness.
Addressing inefficiencies in production is crucial for organizations to enhance productivity, reduce costs, improve competitiveness, and maximize their output.
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71. Before businesses can effectively use relevant data, they need to determine the type of
A. information that is needed.
B. computer system to purchase.
C. report that is required.
D. collection process to develop.
Answers
Answer:
A information that is needed
Explanation:
Last year, your client and his wife gave their adult son a one-third interest in a commercial office building. Each has a one-third interest as tenants in common.
If your client dies while still owning the property as a tenant in common, an estate tax implication of this form of property ownership is that
A)one-third of the value of the property will be included in your client's gross estate.
B)one-half of the value of the property will be included in your client's gross estate.
C)the entire value of the property will be included in your client's gross estate because his estate cannot prove contribution by the other tenants in common.
D)your client's estate will be entitled automatically to a marital deduction of one-half of the date-of-death value.
Answers
The right response is A. one-third of the value of the property will be included in your client's gross estate.
What is estate tax?The transfer of a deceased person's property is subject to an estate tax. It is assessed on the entire estate's value and is a tax on the right to transfer property at the moment of death. Estate tax is frequently referred to as "death tax" or "inheritance tax." The government levies estate tax in order to raise money, and it is often only applied to large estates that surpass a specific threshold.
When a person holds real estate as a tenant in common, they only have a partial ownership interest in the property. As a result, only their portion of the property will be counted as their gross estate for estate tax purposes when they die away. In this instance, the client holds a one-third interest in the office building, therefore if they pass away while still owning it as tenants in common, a third of the property's worth will be a part of their gross estate.
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Your calendar year company places the following order on December 27. Indicate which of the order will be reflected on this year’s financial statements.
Answers
The order that will be shown on this year’s financial statements is Goods shipped December 28, FOB shipping point and received January 2.
What is a calendar year?A calendar year is known to be a one-year timeframe. It is one that often starts on January 1 and must ends on December 31.
This calendar year is popularly known as the civil year as it is made up of the full 365 days or 366 for a leap year. It is used by firms for business, personal, and administrative events.
The order that will be reflected on this year’s financial statements is Goods shipped December 28, FOB shipping point and received January 2 because only this one among the options have spillover from the previous year to this year.
See full question below
Your calendar year company places the following orders on December 27. Indicate which of the orders will be reflected on this year’s financial statements.
Goods shipped December 28, FOB shipping point and received January
Goods shipped December 27, FOB destination and received January
Goods shipped January 2, FOB shipping point and received January 3.
Goods shipped FOB destination December 28 and received December 30.
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Which part of the Business Cycle would this graph represent?
Answers
bust is the correct answer
Consider the market for tilapia. Ripple Rock Fish Farms, a small family fishery in Ohio, and The Fishin’ Company, a large corporate supplier, are both producers of tilapia. The marginal cost curves for both firms are shown in the accompanying graph. a. Suppose the market price of tilapia is $2.50 per pound. Move point A to Ripple Rock’s quantity sold. Move point B to The Fishin’ Company’s quantity sold.
Answers
The appropriate graph to explain the information is attached.
How to convey the informationAt the requested price, P = $2.50, Ripple gemstone produces 200 units of tilapia and the Fishin company produces 600 units of tilapia. In these affair situations, price line cut their separate borderline cost wind at points A and B.
Since, at market price, P = $2.50, Ripple rock produces 200 units of tilapia and the Fishin company produces 600 units of tilapia. Thus, they collectively supply 800 (=200+600) thousand pounds of tilapia.
In a perfectly competitive market, the efficient point is where P = MC that is, the marginal cost of production is equal to the market price.
At points A and B, the marginal costs of both the producers are equal to the price. Therefore, to achieve an effective product, The Fanishinâ Company should supply the same it's presently producing, and Ripple Rock should supply the same it's presently producing.
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Why is it important to state the insights from your graphic when using the McCandless method?
To ensure that you establish credibility as a serious data analyst
To get everyone on the same page before you give supporting details
To add a strong finish to your presentation
To make sure your audience understands why the data matters
Answers
Before they substantiate the insight, an analyst should unveil their story by describing to the audience what they will see (or feel). At this point, the audience may be interested or even incredulous.
McCandless Method What is it?The McCandless method is a specific way of stage lighting that was first put forth in his book, A Method of Lighting the Stage, which has seen multiple iterations. Today, many people still employ the McCandless technique.
The actors in the McCandless approach are given some "sculpting" of the features in addition to being fully front lighted. At least two lights are used to provide full lighting, positioned at least 90 degrees apart and at least 45 degrees above the performers' plane. These two lights are coming from different angles. Together with limited footlights, top lighting can also be employed as fill. These angles, according to McCandless, are the diagonals of a cube in the action area's centre.
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Suppose you are a human resource professional at a company setting up work
teams for production and sales. Explain at least four legal requirements which need
to be embedded in your pay structure to support this new work arrangement.
Answers
If I were a human resource professional at a company setting up work teams for production and sales, the four legal requirements that need to be embedded in my pay structure to support this new work arrangement are:
The nation's minimum yearly salary.State minimum wage is paid.Minimal wage for the employees.A flat wage for the position.What will the legal requirements be about?A group incentive plan is a form of compensation that bases pay on the collective performance of a team and emphasizes cost-cutting, productivity growth, and achieving organizational objectives.
I supposedly work in human resources for a company that organizes work teams for sales and production and I would suggest the below point to encourage this new work arrangement:
Teams that are unable to function independently are provided group incentive plans. They are only able to function in teams, and the job itself necessitates it.Learn more about human resource professional from
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Betterton Corporation uses an activity based costing system to assign overhead costs to products. In the first stage, two overhead costs—equipment depreciation and supervisory expense-are allocated to three activity cost pools—Machining, Order Filling, and Other—based on resource consumption. Data to perform these allocations appear below:
Overhead costs:
Equipment depreciation $ 49,000
Supervisory expense $ 3,000
Distribution of Resource Consumption Across Activity Cost Pools:
Activity Cost Pools
Machining Order Filling Other
Equipment depreciation 0.50 0.30 0.20
Supervisory expense 0.10 0.40 0.50
In the second stage, Machining costs are assigned to products using machine-hours (MHs) and Order Filling costs are assigned to products using the number of orders. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow:
Activity: Activity:
MHs (Machining) Orders (Order Filling)
Product A8 3,000 500
Product K2 17,000 1,500
Total 20,000 2,000
What is the overhead cost assigned to Product A8 under activity-based costing?
Answers
Answer:
$7,695
Explanation:
The computation of overhead cost assigned to Product A8 under activity-based costing is shown below:-
Overhead Amount Machining Amount Order Amount Other Amount
Filling
Equipment
Depreciation $49,000 0.5 $24,500 0.3 $14,700 0.2 $9,800
Supervisory
Expense $3,000 0.1 $300 0.4 $1,200 0.5 $1,500
Total $52,000 $24,800 $15,900 $11,300
Cost per Activity pool unit
Particulars Machining Order Filling Allocated Cost a $24,800 $15,900
Activity b 20,000 hours 2,000 order Fillings Cost per Activity pool unit 1.24 7.95
c = a ÷ b per machine Hour per order fillings
Here, in reference to Product A8
Machine Hours 3,000
Cost per Activity pool unit 1.24 per Machine Hour
Total Cost 3,720
To reach total cost we simply multiply the machine hours with cost per activity pool unit
Order Filling 500
Cost per Activity pool unit 7.95 per order fillings
Total Cost 3,975
To reach total cost we simply multiply the order filling with cost per activity pool unit
Total Overhead cost assigned to Product A8 = Total cost of machine hours + Total cost of order filling
= $3,720 + $3,975
= $7,695
which of the following is the correct formula for calculating the present value of a future amount, expected in t years at r percent interest? multiple choice question. pv
Answers
PV= FV/(1+r) The right formula to use when determining the present value of a future sum that is anticipated in t years at r percent interest is t.
What is future sum?A future sum of money's present value is its current value at a given rate of return. It would be discounted the future cash flows. Future cash flows have a lower present value the higher the discount rate is. A future sum of money or stream of cash flows' present value (PV), assuming a given rate of return, is their current value. Future value is converted to present value by using either a discount rate or the interest rate that would be earned if an investment were made. Divide the annual rate by the number of periods in the year to get the periodic interest rate: Rate = yearly interest rate / 12. For monthly payments. Quarterly payments are calculated as follows: rate = annual interest rate / 4.
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my bunnies Lola (gray and white) and Sylvester (brown)
Answers
Answer:
cute
Explanation:
theyre so cute
Answer:
omg your bunnies are SO cute!
Explanation:
:D