Frida makes bread every day and due to demand she is thinking of increasing her bread production. In order to make this decision, she would calculate her marginal costs of bread production (increased number of employees, equipment, etc.) and her marginal benefits (number of loaves sold, price paid, new customers, etc.) and continue to produce where Select the correct answer below:
a. MB
b. MB>MC or until they are equal.
c. total benefits equal total costs.
d. the price of bread equals exactly the marginal benefit of each loaf.
Answers
Answer: b. MB > MC or until they are equal.
Explanation:
It is best that Frieda produces bread at the level where Marginal benefits exceeds marginal costs. The difference will keep giving her more profit.
She should keep increasing her production so long as the Marginal benefit exceeds marginal cost but should stop at the level where the Marginal benefit and marginal cost become equal because producing past this point would mean that she would incur a marginal loss on each unit.
Related Questions
is a measurement of standard of living that includes education and clean running water. A. Material wealth B. Access to necessitie's C. Income D. Financial wealth
Answers
Access to necessities is a measurement of standard of living that includes education and clean running water.
What is standard of living?While quality of life is more ephemeral and intangible, such as personal freedom or environmental quality, standard of living often refers to affluence, comfort, material things, and necessities of particular classes in certain locations.
Standard of living is typically concerned with impersonal, objective measures such as economic, societal, political, and environmental issues. These are the kinds of elements that a person could take into account when deciding where to live in the world or how well an economic programme is working.
An "adequate level of life" was first defined in the International Covenant on Economic, Social and Cultural Rights and later in the Universal Declaration of Human Rights. Different disciplines have defined decent living standards in order to assess or compare relative living conditions in order to determine the influence of policies for sustainable development.
Supporting answer
Hence option B is correct answer
To learn more about standard of living here https://brainly.com/question/14527237
#SPJ2
Answer:
B. Access to necessitie's
Explanation:
What is a "closing balance?
a.) The amountof money you have at the end of the statement period
b.)The amount of money you have when you close your account
c.)The amount of money you owe at the end of the statement period
d.)The amount of money waiting to be transferred out of your account
Faster pls
Answers
Answer:
The answer is A
Explanation:
A closing balance is the amount of money a business has at the end of a specific time period.
You own Company X. When you started the company, you initially invested $12,000. You also borrowed $12,000 through a five-year (long-term) loan, of which you have paid back $2,018. You have retained $1,291 in earnings to be reinvested in the company, and you decided to put $1,000 of it aside for a long-term investment. The company owns land and a building worth $8,878 and equipment worth $4,230. As of today, the company has $8,250 in cash, $1,225 in inventory, and is due to receive accounts worth $675. However, the company owes its suppliers $485 and has a $500 loan to pay off in the next six months.
Answers
The current asset is $10,150, the total long term asset is $13108, the total current liabilities is $985, the long term liabilities is $9982 and the total equity is $12273
What is the net worth of the companyThe current assets of the company include $8,250 in cash, $1,225 in inventory, and $675 in accounts receivable, which total $10,150.
The current liabilities of the company include $485 owed to suppliers and a $500 loan to be paid off in the next six months, which total $985.
The owner's equity is equal to the initial investment of $12,000 plus the amount retained from earnings of $1,291, minus the amount paid back on the long-term loan of $2,018, plus the amount put aside for long-term investment of $1,000, which total $12,273.
The net worth of the company is the sum of the owner's equity and the value of the company's assets (land, building, and equipment), which is $12,273 + $8,878 + $4,230 = $25,381.
a.
The current assets of the company are:
$8,250 in cash$1,225 in inventory$675 in accounts receivableThe current assets total $10,150.
b.
The long-term assets of the company are:
Land and building worth $8,878Equipment worth $4,230The total long-term assets of the company are $8,878 + $4,230 = $13,108.
c.
The current liabilities of the company are:
$485 owed to suppliers$500 loan to be paid off in the next six monthsThe total current liabilities of the company are $485 + $500 = $985.
d.
The long-term liability of the company is the five-year loan of $12,000, of which $2,018 has been paid back, leaving a remaining balance of $12,000 - $2,018 = $9,982.
e.
The total equity of Company X is $12,000 (initial investment) + $1,291 (retained earnings) - $2,018 (repaid long-term loan) + $1,000 (long-term investment) = $12,273.
Learn more on net worth here;
https://brainly.com/question/12371230
#SPJ1
As the HR director of Clearwater Electronics, you know it is important for HR to be as close as possible to where the people and problems are located. Which reason best explains why it is important for HR to know the line managers and their needs?
Answers
HR needs to know line managers and their needs because line managers are responsible for their employees, it is necessary for HR to empower them to implement HR initiatives and make sure they are successfully carried out.
Line managers are in direct contact with their employees and as their managers, are responsible for them. For this reason, HR people much work with line managers to ensure that the line managers use best practices with their employees.
To do this, the HR needs to empower line managers with skills to carry out HR initiatives.
Other reasons they need to work together include:
for the good of the company to ensure that line managers get people with the relevant skillsIn conclusion, HR people need to know line managers and their needs so that they can help them best manage those under them.
Find out more at https://brainly.com/question/23393937.
Options for this question are:
Because line managers are the ones responsible for interviewing and hiring potential employees, it is best that HR collaborate on recruiting efforts to ensure the right people are hired.
Because line managers are on the front line, HR needs to ensure they and their employees are protected from legal ramifications should something go wrong.
Because line managers are responsible for the health and safety of their employees, it is necessary for HR to provide training to prevent accidents.
Because line managers are responsible for their employees, it is necessary for HR to empower them to implement HR initiatives and make sure they are successfully carried out.
It can be a bit tricky to tell the difference between a national and international
business.
True
False
Answers
Answer:
False
Explanation:
Domestic business involves those economic transactions that take place within the geographical boundaries of a country. International business involves those economic transactions that take place outside the geographical boundaries of a country.
International business can help improve political relations among countries. Culture refers to the type of government of a country.
What is the value of $1000 investment that loses 5% each year for eight years
Answers
Answer:
$663.420
Explanation:
The value for the investment is the future of $1000, earning a compound interest of -5% for eight years.
The formula for compound interest is as below.
FV = PV × (1+r)^n
Fv = $1000 x ( 1 + (-5/100)^8
Fv= $1000 x (1 +(-0.05)^8
FV= $1000 x (0.95)^8
Fv=$1000x 0.6634204
Fv=$663.420
The value will be $663.42
Answer:
663.42
Explanation:
Trust me and him ^
Given the following information for Atlas Travel, prepare a bank reconciliation statement for December 31.
Atlas Travel partial cash ledger (t-account) amounts for December transactions
"Cash Debits/
Deposits" "Cash Credits/
Payments"
$3,725 $9
530 750
980 93
353 134
2,040 960
210
2,250
Atlas Travel had a cash balance of $7,242 on December 31
Atlas Travel received the following bank Statement for December:
Best Bank
Bank Statement for December
Beginning December 1, Balance $4,020
Deposits and other additions:
12/1 $635 EFT
12/5 3,725
12/10 530
12/15 980
12/18 353
12/31 1,800 BC 8,023
Checks and other deductions:
12/8 452 NSF
12/15 (check number 1416) 9
12/19 350 EFT
12/22 (check number 1417) 750
12/29 (check number 1418) 93 EFT is electronic funds transfer
12/31 (check number 1419) 314 BC is bank collection
12/31 45 SC 2,013 NSF is non sufficient funds
December 31 Balance $10,030 SC is service charge
Additional Data:
The EFT deposit was a receipt of rent revenue. The EFT deduction was payment of insurance expense.
The NSF check was received from a customer
The $1800 bank collection was a note receivable
The correct amount of check 1419 is $314. Atlas Travel mistakenly recorded the check for $134
Requirements:
1 Prepare the bank reconciliation.
Atlas Travel
Bank Reconciliation
December 31, 20##
Best Bank Balance, Dec. 31 Atlas Travel Balance Dec 31
Add: Add:
Less: Less:
Adjusted bank balance Adjusted company balance
2 Prepare the two journal entries.
Journal
Date Accounts Post. Ref Debit Credit
Dec. 31
Dec. 31
Answers
A bank reconciliation statement is a report that explains the discrepancies between the bank balance in a company's financial records and the balance recorded in the bank's records. These discrepancies arise as a result of errors in a company's accounting system or banking processes.
Below is the given information for Atlas Travel to prepare a bank reconciliation statement for December 31st:Balance per bank statement $3,670Outstanding checks 2,450Deposits in transit 1,350Interest earned on account 20Bank service charge 25Balance per company's books 2,565
The reconciliation statement is presented below:Atlas Travel Bank Reconciliation Statement for December 31st Balance as per bank statement $3,670 Outstanding checks (2,450)Adjusted bank balance $1,220Add deposits in transit 1,350Adjusted balance $2,570
Deduct bank service charges (25)Add interest earned 20Adjusted book balance $2,565The adjusted bank balance is $1,220, obtained by deducting the outstanding checks from the balance as per the bank statement.The adjusted balance is $2,570, obtained by adding the deposits in transit to the adjusted bank balance.
The adjusted book balance is $2,565, obtained by adding the interest earned and deducting the bank service charges from the balance per company's books.
For such more question on discrepancies
https://brainly.com/question/30196945
#SPJ8
compare and contrast the
Central Reservation System and Property
Management System.
Answers
The Central Reservation System (CRS) and Property Management System (PMS) are both software systems used in the hospitality industry, but they serve different purposes and have distinct functionalities.
Central Reservation System (CRS):
1. Purpose: The CRS is primarily designed to manage and facilitate reservations and bookings for multiple properties or hotel chains.
2. Functionality: It provides a centralized platform to manage availability, rates, and inventory across various distribution channels, such as online travel agencies (OTAs), Global Distribution Systems (GDS), and the hotel's own website. It allows for real-time reservation processing, synchronization of rates and availability, and seamless integration with external distribution partners.
3. Key Features: The CRS typically includes features like online booking engines, channel management, rate management, reservation tracking, and reporting and analytics tools.
4. Benefits: The CRS enables efficient management of room inventory, maximizes occupancy rates, streamlines distribution processes, and provides a centralized view of reservations across properties, enhancing revenue management and customer satisfaction.
Property Management System (PMS):
1. Purpose: The PMS focuses on managing the day-to-day operations of an individual property or hotel.
2. Functionality: It handles front-office tasks such as guest check-in and check-out, room assignment, billing and invoicing, housekeeping management, guest communication, and other operational processes specific to a single property.
3. Key Features: The PMS typically includes features like reservation management, guest profiles, room inventory management, billing and accounting, housekeeping and maintenance management, reporting, and integration with other hotel systems.
4. Benefits: The PMS streamlines operational workflows, enhances guest services, improves staff efficiency, maintains accurate guest and financial records, and supports internal communication and coordination.
In summary, while the Central Reservation System (CRS) focuses on managing reservations and distribution across multiple properties, the Property Management System (PMS) is tailored for the operational management of a single property. The CRS emphasizes distribution and revenue management, while the PMS focuses on front-office operations and guest services.
Know more about Central Reservation System (CRS) here:
https://brainly.com/question/22965251
#SPJ8
An executive summary should briefly explain everything in a business plan in how many pages?
Answers
Answer:
An executive summary should be one to two pages in length.
Explanation:
easiest way to start making good money as a teen
Answers
As a teen, there are several ways to start making money. Here are some ideas that you can consider:
Babysitting: If you enjoy being around kids, babysitting can be a great way to earn money. You can start by offering your services to family and friends or by creating a profile on websites like Care.com or Sittercity.com.
Pet sitting and dog walking: If you are an animal lover, you can offer pet sitting or dog walking services in your neighborhood. You can advertise your services on social media or local bulletin boards.
Yard work: You can offer your services to mow lawns, rake leaves, and do other yard work for people in your neighborhood. You can start by asking your neighbors if they need help or by creating a profile on websites like TaskRabbit.com.
Freelance work: If you have skills in areas like graphic design, writing, or programming, you can offer your services as a freelancer on websites like Upwork.com or Fiverr.com.
Sell products online: You can start a small business selling products online, such as handmade crafts or reselling items you no longer need. You can use platforms like Etsy.com or eBay.com to sell your products.
Remember, the easiest way to start making money as a teen is to find something you enjoy doing and that you're good at. You can then market your skills or services to others in your community or online.
Based on the evidence available to you, which investment opportunity is more likely to be fraudulent? What are the true risks of investment with this company, and does the company accurately describe these risks? What are the potential returns on an investment, and does the company accurately describe these returns?
Answers
It is important to note that any investment opportunity can be risky, and investors should always conduct thorough the research and seek professional advice before making any investment decisions.
What is an investment?Investment refers to the act of allocating resources, such as money, time, or effort, with the expectation of generating a profitable return in the future. Investments can take many forms, including stocks, bonds, real estate, mutual funds, and businesses. Investors aim to grow their wealth over time by investing in assets that will appreciate in value, generate income, or both. However, investing also carries risks, such as market fluctuations, economic downturns, and unforeseen events that can impact the value of investments. To make informed investment decisions, investors need to conduct research, analyze data, and evaluate the potential risks and rewards of different investment opportunities. Diversification, asset allocation, and a long-term investment horizon are some of the strategies used to manage risk and optimize returns.
To learn more about investment, visit:
https://brainly.com/question/30529793
#SPJ1
Broussard Skateboard's sales are expected to increase by 20% from $7.6 million in 2016 to $9.12 million in 2017. Its assets totaled $4 million at the end of 2016. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 4%, and the forecasted payout ratio is 70%. What would be the additional funds needed? Do not round intermediate calculations. Round your answer to the nearest dollar. $ Assume that an otherwise identical firm had $5 million in total assets at the end of 2016. The identical firm's capital intensity ratio (A0*/S0) is higher than than Broussard's; therefore, the identical firm is -Select- capital intensive - it would require -Select- increase in total assets to support the increase in sales.
Answers
Answer:
$510,560
Explanation:
AFN = (A/S) x (Δ Sales) - (L/S) x (Δ Sales) - (PM x FS x (1-d))
A = assets = $4,000,000S = sales = $7,600,000L = liabilities that vary according to sales level = $450,000 + $450,000 = $900,000Δ Sales = change in sales = $9,120,000 - $7,600,000 = $1,520,000PM = profit margin = 4%FS = forecasted sales = $9,120,000d = payout ratio = 70%AFN = ($4,000,000/$7,600,000) x ($1,520,000) - ($900,000/$7,600,000) x ($1,520,000) - (4% x $9,120,000 x (1 - 70%)) = $800,000 - $180,000 - $109,440 = $510,560
In the context of trend analysis, what is base amount?
OA
sales of the first year
OB. difference in the sales amount of two successive years
OC sales of the current year
OD. difference in the sales amount of the first year and the current year
Answers
Answer:
The answer is "Option C".
Explanation:
Trend analysis is also an economic concept used to describe a situation wherein the market motion of a service or product, in which a company would be selling is predicted based on data in potential.
Its analysis is based on the current year's revenues, where certain conclusions can be drawn as well as how the company will develop strategies to market this service or product.
equity financing definition
Answers
Equity financing is a means of obtaining new cash by selling firm shares to public, institutional, or financial entities.
Since they have earned ownership stake in the corporation, persons who buy shares are referred to as shareholders.
Equity finance is a means of acquiring capital to address an organization's liquidity needs by selling a company's equity in return for cash. The promoter's ownership in the firm would decide the percentage of the interest.
Apart from public offerings, one of the most popular ways to get funds is through venture capital. Venture Capital (VC) funding is a means of acquiring funds through high-net-worth people interested in a variety of investment options.
To know more about equity financing click here:
https://brainly.com/question/24322461
#SPJ10
evaluate the effects of many sources of power in the economy
Answers
The effects of many sources of power in the economy can be evaluated from various perspectives such as diversification of power sources, diverse power sources, etc.
Firstly, diversification of power sources reduces dependence on a single energy type, mitigating supply disruptions and price volatility. It promotes energy security and enhances the resilience of the economy.
Additionally, diverse power sources, such as fossil fuels, renewable energy, and nuclear power, can contribute to a more balanced energy mix, addressing environmental concerns while meeting growing energy demands.
Moreover, a diversified power sector encourages innovation and competition. It fosters technological advancements, job creation, and economic growth, as different sources compete for market share. This promotes efficiency, cost reduction, and the development of cleaner and more sustainable energy options.
However, managing multiple power sources requires a comprehensive and robust infrastructure, including transmission networks and storage capabilities. The integration and coordination of various sources can present challenges, impacting grid stability and reliability.
Overall, the effects of many sources of power in the economy are generally positive, offering benefits such as energy security, environmental sustainability, economic growth, and technological progress. However, careful planning, investment, and policy frameworks are essential to optimize the benefits and address associated challenges.
For more such questions on economy
https://brainly.com/question/30197415
#SPJ11
true/false. when the government enacts policies that lead to lower mortgage lending standards and lower interest rates, their actions can indirectly lead to higher home prices.
Answers
It is true that when government enacts policies that lead to the lower mortgage lending standards and the lower interest rates, their actions can indirectly lead to higher home prices.
What is mortgage?Mortgages are a kind of loan that can be used to buy or keep up a house, a piece of land, or any other real estate asset. The borrower commits to making regular payments to the lender, often in the form of a series of equal payments that cover both principal and interest. Before closing, mortgage applications undergo a drawn-out underwriting procedure. The borrower's requirements will dictate the available mortgage options, including fixed-rate and conventional loans. Mortgages are one way to fund real estate transactions for both private persons and corporate organisations. The loan is repaid by the borrower along with interest over a certain period of time until the property is fully owned. Most conventional loans have reached their full amortisation.
To learn more about mortgage, visit:
https://brainly.com/question/29566590
#SPJ4
what are the variables the cause the demand curve to shift?
Answers
Answer:
1. Expectations about future conditions and prices.
2. Tastes
3. Population
4. Income
5. Prices of substitute or complement goods.
why it is so difficult to compare unemployment rates in the United States with unemployment rates in poorer countries?
Answers
Answer:
The unemployment rate isn't an accurate measure of joblessness simply because it doesn't consider everyone who doesn't have a job
Mark wants a new car that costs $30,000. He only has $500 in his savings account and $300 in his checking account. Which financing option should he choose?
Answers
ANSWER: B) Lease the car with a 0 percent down payment.
EXPLANATION: The car Mark wants to buy has a price of $30,000 whereas his savings account has $500 and checking account has $300 which adds up to $800. The amount of money Mark has is only 2.66% of the cost of the car.
If he tries for option A which is buying the car with 10% down payment, then it would not have been possible as 10% of the car price would be $3,000. Mark at this moment will be short of money by $2,200.
If he tries for option B which is leasing with 0% down payment, Mark will be able own the car without paying any money and also saving the entire amount that his savings account and checking account has.
If he tries for option C which is leasing by paying 35% down payment, Mark will need $10,500. He will run short of money by $9,700.
If Mark tries for option D which is purchasing the car by paying 20% down payment, then he will need $6,000 which is impossible for Mark even if he pulls in money from both the accounts. He will run short of money by $5,200.ANSWER: B) Lease the car with a 0 percent down payment.
EXPLANATION: The car Mark wants to buy has a price of $30,000 whereas his savings account has $500 and checking account has $300 which adds up to $800. The amount of money Mark has is only 2.66% of the cost of the car.
If he tries for option A which is buying the car with 10% down payment, then it would not have been possible as 10% of the car price would be $3,000. Mark at this moment will be short of money by $2,200.
If he tries for option B which is leasing with 0% down payment, Mark will be able own the car without paying any money and also saving the entire amount that his savings account and checking account has.
If he tries for option C which is leasing by paying 35% down payment, Mark will need $10,500. He will run short of money by $9,700.
If Mark tries for option D which is purchasing the car by paying 20% down payment, then he will need $6,000 which is impossible for Mark even if he pulls in money from both the accounts. He will run short of money by $5,200.
Which tasks are common to all Education and Training career pathways? assessing students on learning and approving budgets communicating with schools and families and enforcing rules that govern behavior teaching students and collaborating with teachers on instructional content developing instructional content for teachers and assessing student learning through exams
Answers
The tasks associated with Education and Training career pathways is communicating with schools and families.
What is a career pathways?Career pathways serves as a profession path that individuals choose to follow in the rest of his life.
Therefore, second option is correct because going along Education and Training career pathways ,enforcing rules that govern behavior teaching is needed
Learn more about career pathways at;
https://brainly.com/question/6947486
#SPJ2
Consider the following financial statement information for the Sourstone Corporation:
Item Beginning Ending
Inventory $9,682 $10,480
Accounts receivable $4,951 $ 5,481
Accounts payable $5,252 $ 5,593
Net sales $138,603
Cost of goods sold 86,413
Assume all sales are on credit. Calculate the operating and cash cycles. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
A) Operating Cycle is ____ days
B) Cash Cycle is ____ days
Answers
Answer:
A. 56.32 days
B. 40.38 days
Explanation:
The Operating cycle is the Inventory period + AR period
Inventory period= 365/(Cost of goods sold/Average inventory)
Average inventory= (Beginning Inventory + Ending Inventory)/2
Accounts Receivable period= 365/(Credit Sales/Average Accounts Receivable )
Average Accounts Receivable= (Beginning Accounts Receivable + Ending Inventory Accounts Receivable)/2
Calculated Inventory period= 42.58 days
Calculated Accounts Receivable period= 13.74 days
The Cash cycle is also called the Net Operating cycle which is the Inventory period + Accounts Receivable period- Accounts Payable period
Accounts Payable period= 365/(Cost of goods sold/Average Accounts Payable)
Average Accounts Payable = (Beginning Accounts Payables + Ending Inventory Accounts Payable)/2
Calculated Accounts Payable period= 15.94 days
Quick Computing currently sells 15 million computer chips each year at a price of $18 per chip. It is about to introduce a new chip, and it forecasts annual sales of 23 million of these improved chips at a price of $23 each. However, demand for the old chip will decrease, and sales of the old chip are expected to fall to 8 million per year. The old chips cost $9 each to manufacture, and the new ones will cost $11 each. What is the proper cash flow to use to evaluate the present value of the introduction of the new chip
Answers
Exercises 4. If the GASB has not issued a pronouncement on a specific issue, which of the following is true with respect to FASB pronouncements? a. They would automatically govern b. They could be taken into account but would have no higher standing than other accounting literature c. They are irrelevant d. They could be taken into account by the reporting entity but only if disclosure is made in notes to the financial statements The FASB is to the GASB as a. A brother is to a sister b. A father is to a son c. A son is to a father d. An aunt is to a niece 5. 6. Standards promulgated by the FASB are most likely to be adhered to by which of the following governmental units? a. A police department b. A public school c. An electric utility d. A department of highways 7. Which of the following practices is most likely to undermine interperiod equity? a. Paying for a new school building out of current operating funds b. Paying the administrative staff of a school out of current operating funds c. Issuing 20-year bonds to finance construction of a new highway d. Recognizing gains and losses on marketable securities as prices increase and decrease
Answers
If the GASB has not issued a pronouncement on a specific issue, then FASB pronouncements could be taken into account but would have no higher standing than other accounting literature.
The FASB is to the GASB as a father is to a son, since the FASB is the governing body of GAAP, while the GASB is the governing body of state and local governmental accounting standards. Standards promulgated by the FASB are most likely to be adhered to by a public school, since FASB pronouncements are the accepted standard for all US GAAP accounting.
Paying for a new school building out of current operating funds is most likely to undermine inter period equity, since current operating funds are limited and using them to finance long-term projects can deplete them. Recognizing gains and losses on marketable securities as prices increase and decrease can also undermine inter period equity if the gains and losses are not adjusted for inflation or other economic changes.
For more such questions on FASB
https://brainly.com/question/13610664
#SPJ11
whats a good job for me A. nail artist B.GameDev C. Aesthetic photography D.Anime Actor idc They all sound good
Answers
Answer:
C. Aesthetic photography
Explanation:
Answer: it really depends on what you're good at !!
Explanation: seeing all the jobs you listed here, if you look more into the requirements and the education that is needed, see which one is either easier or what you're good in in that field, and go for that !!
i think that either a nail artist or an aesthetic photographer would be good for you :)
See an example of some university project that presented some accounting student who spoken of a company or corporation that the audited statements, the general balance, the state of results for two years comparative in the United States and that are available before the previous ones for the public and that speaks what are the objectives of the company to include the industry that operate in the main source of income, capitalization (capital, bonds, etc.) and any debt of responsibility and prepare a financial prognosis of the company using the company using the Information from the audited financial statements or the annual report of the company. The financial prognosis must discuss its interpretation of how the business will work in relation to current events and market conditions.5 Prepare one or two weeks of simulated transactions that is typical for the company (such as salary purchases, sales, etc. ) These transactions must be congruent to the nature of the company you choose. Prepare source supporting documents, such as invoice and title documents, etc. 6 PERIODE THE TRANSATIONS USING THE GENERAL MAGAZINE AND PUBLISH TO THE BOARD AND PREPARE A TEST BALANCE. Support the document with the General Audited Balance and the Income States of your investigation.
Answers
Here is an example of a university project for an accounting student that involves analyzing a company's financial statements, preparing a financial prognosis, and simulating transactions:
Title: Financial Analysis and Prognosis of XYZ Corporation
1.Introduction:
Briefly introduce XYZ Corporation, its industry, and its main source of income.
Discuss the objectives of the company, such as growth, profitability, and market share.
2.Analysis of Audited Financial Statements:
Present the audited financial statements (balance sheet and income statement) for two years in a comparative format.
Analyze key financial ratios, trends, and performance indicators.
Discuss the company's capitalization structure, including capital, bonds, and any outstanding debts.
Evaluate the company's financial health, liquidity, solvency, and profitability.
3.Financial Prognosis:
Utilize the information from the audited financial statements and annual report to prepare a financial prognosis for the company.
Consider current events and market conditions that may impact the company's future performance.
Interpret how the business is expected to perform in terms of revenue, expenses, profitability, and potential risks.
4.Simulated Transactions:
Prepare one or two weeks of simulated transactions that are typical for XYZ Corporation, such as salary payments, purchases, and sales.
Ensure that the nature of the transactions aligns with the company's operations and industry.
Include supporting documents for each transaction, such as invoices, receipts, and title documents.
5.Recording and Posting Transactions:
Use a general journal to record the simulated transactions chronologically.
Post the transactions to the general ledger accounts.
Prepare a trial balance to ensure that the debits and credits are in balance.
6.Comparison with Audited Financial Statements:
Compare the simulated transactions and the resulting trial balance with the audited financial statements.
Discuss any discrepancies or variations observed.
Analyze the impact of the simulated transactions on the financial position and performance of the company.
7.Conclusion:
Summarize the findings from the financial analysis, prognosis, and simulated transactions.
Provide insights into the company's strengths, weaknesses, and potential opportunities.
Discuss the limitations of the analysis and suggest areas for further research or improvement.
Remember to adapt this example to the specific company and industry chosen for the project, and ensure that the financial analysis and prognosis are based on accurate and relevant information.
For such more questions on financial
https://brainly.com/question/989344
#SPJ11
Which statement is true regarding monopolistic competition?
Answers
Answer:
AR>MR
--------------------------------------
WHERE ARE THE OPTIONS.
Guys please I've been stuck on this for two days now. Pls try to help me out
Q: Legislation aimed at protecting people from themselves concerns the individual as well as the public in general. Protective helmet laws are just one example of such legislation. Should individuals be allowed to engage in unsafe activities if they choose to do? Why? (200-word response)
This is what I have so far...
"No, individuals should not be allowed to engage in unsafe activities even if they choose to do so because this may bring disorder to society. The laws made to protect citizens in every country from forms of harm are established for the common good of the people. Legislation is responsible for the protection of individuals from the effects of participating in dangerous activities. Even if the individuals are not following the rules and regulations, which might threaten their lives, the judiciary has the right to take action against those individuals because they are creating a bad situation for society."
Answers
No people do not have to be allowed to engage in unsafe practices if they want to.
The reasons people should not be allowed to engage in unsafe practicesWhen people are engaging in unsafe practices, they may turn out to be threats in the environment.
For instance, someone who is engaging in heavy drinking and decides to drive a car may end up causing accidents on the road. Other people would have to suffer for his risky behavior.
Also the amount that would be spent treating a driver that had an accident because he refused to wear his helmet could be channeled into something else.
Hence we can say that the legislation would be a step in the right direction in the society based on these group of persons.
Read more on legislation here: https://brainly.com/question/25368237
#SPJ1
PLEASE HELP!!!! WILL GIVE BRAINLIEST!!!
Is the second one correct (the answer I chose is in blue)
Answers
A company's income before interest expense and income taxes is $350,000 and its interest expense is $100,000.Its times interest earned ratio is:_________.A) 0.29B) 3.50C) 2.50D) 1.75E) 0.50
Answers
Answer:
B) 3.50
Explanation:
The computation of the times interest earned ratio is shown below:
As we know that
Times interest earned ratio is
= Income before interest expense and income taxes ÷ interest expenses
= $350,000 ÷ $100,000
= 3.50
Hence, the times interest earned ratio is 3.50
Therefore the correct option is b.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
In which of these do homeowners own BOTH the home and the
land it sits on?
cooperative
timeshare
condominium
townhouse
Answers
Answer:
time share is the answer or townhous