The journal entry for the purchase of inventory using the periodic inventory system is: Debit Purchases $80,000, Debit HST Recoverable $10,400, Credit A/P.
In this transaction, the company purchases inventory on credit for $80,000. Since the applicable HST rate is 13% on purchases, the HST amount would be calculated as 13% of $80,000, which is $10,400. The company would debit the Purchases account for the cost of the inventory, which is $80,000, and debit the HST Recoverable account for the HST amount of $10,400.
These two debits reflect the increase in inventory and the amount of HST recoverable. Finally, the company would credit the Accounts Payable (A/P) account for the total of the two debits, which is $90,400 ($80,000 + $10,400). This entry accurately records the purchase of inventory and the associated HST recoverable.
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Please answer this question...
Did you eat today? if you haven't please find something to eat and take care of yourself :)
Answer: yes! Aww thanks, you too :))
Explanation: have a great day!!
Answer:yes i did thank you for caringgggggggggg have a good day^.^
Explanation:
The industry that most closely approximates the conditions of the oligopoly model is: a. home construction. b. restaurants. c. tires. d. retail clothing.
The answer to the question is option C Tires.
The industry that most closely approximates the conditions of the oligopoly model is Tires.
Oligopoly mode is defined as a market structure where only a few firms dominate the entire industry. This structure is characterised by high barriers to entry and exit, and the existing companies dominate the market and control the prices.
Oligopoly is a market structure in which a few large companies compete, and they control the industry, which means that they decide on prices and output levels.
The Tire industry can be a good example of an oligopoly market, where only a few firms like Goodyear, Michelin, Continental AG, and Bridgestone, etc. dominate the entire industry.
Each company has considerable control over the prices they charge, and each company's actions will affect the other companies in the industry, making it difficult for new companies to enter the market.
Therefore, it can be concluded that the Tire industry closely approximates the conditions of the oligopoly model. This is because few firms in the industry dominate the entire market, and it is characterised by high barriers to entry and exit.
Also, each company's actions will affect the other companies in the industry.
The answer to the question is option C Tires.
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Which BCG matrix indicates that products with have high market share but low market growth?
The BCG matrix cell for products with high market share but low market growth is the "Cash Cow" quadrant.
The BCG matrix is a strategic management tool that helps analyze and categorize a company's product portfolio based on their market share and market growth rate. The "Cash Cow" quadrant represents products that have a high market share in a mature or slow-growth market. These products are considered cash cows because they generate consistent cash flows and profits for the company. They require less investment and can be used to support other products or business ventures. The focus in this quadrant is on maintaining market dominance and maximizing profitability rather than pursuing significant growth.
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(14%) Let A[1..n] be an array of n positive numbers. Entry A[i] represents the trading price of a stock X on the i-th day (and hence the numbers are ordered chronologically). Write an algorithm max-profit that returns a pair (a, b) such that if one buys stock X on the a-th day and sells it on the b-th day, the maximum profit is made. Give the time complexity of your algorithm in Big-O. Show the derivation of the complexity result.
To solve this problem, we can use a simple algorithm that iterates through the array and keeps track of the minimum price seen so far and the maximum profit.
The algorithm works as follows: Initialize variables: min_price = A[1], max_profit = 0, buy_day = 1, sell_day = 1. Iterate through the array A from the second element to the last: If A[i] < min_price, update min_price = A[i]. If A[i] - min_price > max_profit, update max_profit = A[i] - min_price, buy_day = index of min_price, sell_day = i. Return the pair (buy_day, sell_day). The time complexity of this algorithm is O(n), where n is the size of the array A. This is because we perform a single pass through the array, comparing and updating values in constant time for each element. Therefore, the algorithm has a linear time complexity.
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How can employees demonstrate dependability to their employers?
Answer: Employees can demonstrate dependability to their employers by being consistent with their work.
Answer:
Dependable employees respect deadlines, and make every effort to meet them. Meeting deadlines is accomplished through proper planning and using work hours effectively.
Explanation:
what is medium level profession
Hollywood studios are ____invest big budgets on sequels, prequels, pre-existing franchises, and adaptations. diversifying and no longer willing to exclusively not willing to only willing to rarely willing to
Hollywood studios are only willing to invest big budgets on sequels, prequels, pre-existing franchises, and adaptations. The appropriate answer is c).
Hollywood studios are now primarily focused on investing big budgets in sequels, prequels, pre-existing franchises, and adaptations. This trend has become prevalent in the film industry due to several factors.
Firstly, studios have recognized the commercial success and built-in audience appeal of established intellectual properties. By investing in familiar franchises and adaptations, studios can capitalize on existing fan bases and reduce the risk associated with introducing entirely new concepts.
Secondly, the global market has become increasingly important for Hollywood studios. Popular franchises and adaptations often have international appeal, making them more likely to generate substantial returns on investment.
Lastly, the rise of streaming platforms and the demand for content has led to a surge in demand for established properties. Sequels, prequels, and adaptations offer a sense of familiarity and nostalgia that can attract viewers and subscribers.
As a result, Hollywood studios are now predominantly interested in investing significant budgets exclusively on sequels, prequels, pre-existing franchises, and adaptations.
The appropriate answer is c).
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Complete question is:
Hollywood studios are ____invest big budgets on sequels, prequels, pre-existing franchises, and adaptations.
a) diversifying and no longer willing to
b) exclusively not willing to
c) only willing to
d) rarely willing to
The class will be divided into five groups. With the teacher's guide, each group should suggest a business that they want to put up. Each group should then justify their choice of business. Each group will discuss among the members the environment that should be studied in terms of the location they decided to choose. Based on the environmental analysis, the group members should identify all the factor that need to be studied in the specific environment/location.
Each group will suggest a business idea and justify their choice based on their interests, market demand, and potential profitability. They will then discuss the specific location for their business and conduct an environmental analysis to identify factors that need to be studied.
In the first paragraph, each group can briefly mention the type of business they want to put up, such as a restaurant, tech startup, clothing boutique, fitness center, or any other business idea that interests them. They should provide a concise justification for their choice, highlighting factors like market demand, personal passion, unique selling proposition, or potential profitability.
In the second paragraph, the group members will discuss the specific location for their business and conduct an environmental analysis. They need to identify and examine various factors that can influence the success of their business in that particular location. This analysis can include factors such as local competition, target market demographics, economic conditions, regulatory environment, infrastructure, availability of resources, cultural considerations, and any other relevant factors. By studying these environmental factors, the group can gain insights into the opportunities, challenges, and potential risks associated with their chosen location.
Overall, the aim is for each group to select a business idea that aligns with their interests and has potential in the market. They should then analyze the specific location's environmental factors to make informed decisions and develop strategies that maximize their chances of success. This exercise helps students understand the importance of market research, environmental analysis, and strategic planning in business development.
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Individual A sells a rental building, its office equipment, furniture and fixtures, and its land to Individual B. Individual A realizes a gain on the sale of the building, equipment, furniture and fixtures, and land. Individual A rented the building to commercial tenants. What is the character of the gain realized?
Answer:
Recognized gain
Explanation:
The character of the gain is Recognized gain. A recognized gain is a gain/profit that is gotten from the sale of one's asset when the asset is sold above the price that was initially paid for the assets. Therefore individual A after selling the Rental buildings, office equipment, Furniture and Land to Individual B, still rents the Building to commercial tenants in other to realize the remaining gain, from the sale of the assets.
What is everyone planning to do this summer?
Answer:
read, relax, try to sleep in as long as I want, work out, and eat lol
have a good day :)
Explanation:
What challenges might we face in case we chose profession that does
not meet our interest and capacity?
We can't enhance our best on that profession. Financial concerns, job uncertainty and worry of failure are all frequent challenges students face when selecting a career. The reality is, no one is aware of what the world will seem like 10 or 15 years from now.
Why is it tough to pick out a career path?Lack of Experience
Limited work trip is some other motive why you may find it hard to choose your profession path. There are situations when speakme with human beings who work in a profession you're involved in pursuing is not enough. You can overcome this hurdle by using potentially participating in additional training.
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https://brainly.com/question/24418407#SPJ9Assume that the marginal propensity to consume is 0.90. As a result of an increase in the tax rates, the government collects an additional $20 million. What will be the impact on gross domestic product (GDP)
The impact on gross domestic product (GDP) is: GDP will decrease by a maximum of $180 million.
Gross domestic product (GDP):First step:
rGDP = (MPC/MPS)change in taxes
Where:
MPC = .90
MPS = .10
rGDP = (MPC/MPS)change in taxes
rGDP=.90/.10
rGDP=9
Second step:
Gross domestic product (GDP)= (9)20 million
Gross domestic product (GDP)= 180 million (Decrease)
Inconclusion the impact on gross domestic product (GDP) is: GDP will decrease by a maximum of $180 million.
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AnMPC = .90
MPS = .10
rGDP = (MPC/MPS)税收变化
rGDP=.90/.10
rGDP=9swer:
Explanation:
PLEASE HELP ME ILL MAKE YOU BRAINLIEST
Answer:
C
Explanation:
Hope this helps!
You have been accepted into college. The college guarantees that your tuition will not increase for the four years you attend college. The first $ 10 comma 300 tuition payment is due in six months. After that, the same payment is due every six months until you have made a total of eight payments. The college offers a bank account that allows you to withdraw money every six months and has a fixed APR of 4.4 % (with semiannual compounding) guaranteed to remain the same over the next four years. How much money must you deposit today if you intend to make no further deposits and would like to make all the tuition payments from this account, leaving the account empty when the last payment is made? (Note: Be careful not to round any intermediate steps less than six decimal places.)
Answer:
You must deposit "$74,806.25" today.
Explanation:
The given values are:
Periodic payment,
P = $10,300
Rate of interest,
r = \(\frac{4.4 \ percent}{2}\)
= \(2.2 \ percent\)
Number of periods,
n = \(4\times 2\)
= \(8\)
Now,
The PV of annuity will be:
= \(\frac{P\times [1 - (1 + r)^{-n}]}{r}\)
On substituting the given values, we get
= \(\frac{10,300\times [1 - (1 + 2.2 \ percent)^{-8}]}{2.2 \ percent}\)
= \(\frac{1,645.73}{2.2 \ percent}\)
= \(74,806.25\) ($)
Reducing restaurant food waste
1 what is the problem?
what caused the problem?
what recommendations can be made?
how is this relevant to the restaurant hospitality industry?
The problem of restaurant food waste refers to the excessive amount of food that is discarded and not consumed in restaurants. This problem is caused by various factors, such as overproduction of food, improper storage and handling, and customer plate waste.
To address this problem, several recommendations can be made. Firstly, restaurants can implement better inventory management systems to accurately track the amount of food they need to order and prepare. This can help in reducing overproduction and food waste. Secondly, training staff on proper food handling and storage techniques can prevent spoilage and extend the shelf life of ingredients.
Additionally, implementing portion control strategies can reduce plate waste. Restaurants can offer smaller portion sizes or encourage customers to take leftovers home. Donating excess food to local food banks or charities is another great way to minimize waste and support the community.
Reducing restaurant food waste is highly relevant to the restaurant hospitality industry. It helps restaurants save costs by reducing the amount of food they throw away. It also aligns with sustainability efforts, as it minimizes the environmental impact associated with food production and waste disposal.
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If running a cable tv ad seven times daily for a week generated 1,800 ticket sales, how long should the stadium run the cable ad in order to reach a target of 27,000 tickets?
Answer:
15 weeks
Explanation:
They run the add 7 times per 1 day for a week (7 days) which makes $1,800
1800/7=257.14 /7 again for 7 times that day =$36.73
They make $36.73 per one ad.
1800*15=27,00 so it would take 15 weeks to sell the 27,000 tickets
Select the word or phrase that accurately completes each sentence.
Pressing the Backspace key will delete the text on the .
Pressing the Delete key will delete the text on the .
Answer:
Pressing the backspace key will delete the text on the leftPressing the delete key will delete the text on the rightExplanation:
You have decided to buy a house. You can get a mortgage rate of 5.55 percent, and you want your payments to be $1,150 or less. How much can you borrow on a 20-year fixed-rate mortgage?
If you want to keep your monthly mortgage payments at or below $1,150 with a 20-year fixed-rate mortgage at a 5.55 percent interest rate, you can borrow up to $204,808
To calculate the maximum amount that can be borrowed on a 20-year fixed-rate mortgage, we need to use a mortgage calculator. The calculator will help to determine the loan amount that would result in a monthly payment of $1,150 or less at a 5.55 percent interest rate for a 20-year period.
Using an online mortgage calculator, we can enter the following information:
Loan term: 20 years
Interest rate: 5.55%
Monthly payment: $1,150
The calculator will then calculate the maximum loan amount that can be borrowed, which is $204,808.
Therefore, if you want to keep your monthly mortgage payments at or below $1,150 with a 20-year fixed-rate mortgage at a 5.55 percent interest rate, you can borrow up to $204,808. It is important to keep in mind that this amount is an estimate and that the actual loan amount may vary depending on other factors such as credit history, income, and debt-to-income ratio.
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Insurance companies negotiate discounts with hospitals under a(n)
Insurance companies negotiate discounts with hospitals under a(n): Preferred provider organization (PPO).
What is insurance company?Insurance company is an a company that help to provide coverage for their policy holder in case of unforeseen or unexpected circumstance such as:
TheftAccident etcPreferred provider organization is a medical health plan that enter into a contract agreement with health care service providers so as to provide health care to people under the plan.
Therefore Insurance companies negotiate discounts with hospitals under a(n): Preferred provider organization.
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your firm Sparkle LLP (Sparkle). Sapphire plc (Sapphire) Sapphire is a listed company. They appointed a new Finance Director on 5 May 20×2 as the previous Finance Director left the company to join a competitor is February 20×2. Jewel's year end is 31 May 20×2. In light of this new appointment the directors of Sapphire have requested that the prior year engagement partner, Mohammad Asif, continues as key audit partner for the current year's audit to safeguard audit quality. Mohammad has been the key audit partner for the previous seven years. Topaz Ltd (Topaz) The financial controller at Topaz has been on long-term sick leave and the finance director has asked Sparkle for help with finalising the accounting information in preparation for the year-end audit. Topaz has a wide range of assets, and he has requested that a member of staff at Sparkle be seconded to Topaz to help with calculating the deprecation charge for these assets. Ultralite Ltd (Ultralite) Ultralite has been a client of Sparkle for a number of years, however, their audit fee from the previous year is still to be paid. The full fee is outstanding. Ultralite have been experiencing some cashflow problems following difficult trading conditions and their directors are unable to confirm that they will be able to pay the fee before this year's audit report is issued. Viridine PIc (Viridine) Viridine has recently decided to outsource its internal audit function and has requested that Sparkle accepts the engagement for an annual fee of £550,000. The directors believe that Sparkle will be able to provide a cost-effective service due to its cumulative knowledge of Viridine's business gained through its provision of the external audit. In addition to the audit of their financial statements (annual fee of £600,000 ) Sparkle also provide Viridine with IT services costing f2.4 million per year. Sparkle's total annual fee income, excluding the proposed internal audit services for Viridine, is £20 million. Required: a) For each of the situations outlined above, explain the threats to the objectivity and independence of the external auditors and list the safeguards available to mitigate these threats. The marks will be allocated as follows: - Sapphire (5 marks) - Topaz (5 marks) - Ultralite (3 marks) - Viridine (7 marks)
For each situation outlined, I will explain the threats to the objectivity and independence of the external auditors, as well as list the safeguards available to mitigate these threats.
How to explain the informationSapphire plc: Threats:
a) Familiarity threat:
b) Self-interest threat
Safeguards: a) Rotation of key audit partners:
b) Review and oversight:
Topaz Ltd:Threats:
) Self-review threat
b) Advocacy threat
Safeguards: a) Segregation of duties
b) Review and oversight
Ultralite Ltd: Threats:
a) Fee dependence threat
b) Management threat
Safeguards: a) Payment in advance
b) Consultation with senior management
Viridine Pic: Threats:
a) Self-interest threat
b) Management threat
Safeguards: a) Regular internal reviews:
b) Separation of roles: Ensuring there is a clear separation between the teams responsible for the external audit, internal audit, and IT services, minimizing the risk of bias and conflicts of interest.
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on what grounds is the Trump administration investigating imposing tariffs on imported automobiles?
Answer:
The clock has run out on President Donald Trump's "Section 232" tariffs on imports of foreign-made cars and auto parts, after he failed to announce a decision by a self-imposed deadline, trade law experts say.
The U.S. administration may have to find other means if Trump wants to tax European or Japanese car imports, a key part of the U.S. president's pledge to make America's trade relationships more fair, the experts say.
What is an Income Tax? for education
Answer:
If your employer pays more than $5,250 for educational benefits for you during the year, you must generally pay tax on the amount over $5,250. Your employer should include in your wages (Form W-2, box 1) the amount that you must include in income.
Explanation:
Answer:
Explanation:
An income tax is a tax imposed on individuals or entities that varies with respective income or profits. Income tax generally is computed as the product of a tax rate times taxable income. Taxation rates may vary by type or characteristics of the taxpayer. The tax rate may increase as taxable income increases
How much yearly revenue does soccer brings in?
Answer:
Soccer is a sport which gets majority of its revenue from television rights and tournament sponsors.
The Men’s World Cup tournament is known by the governing body, FIFA to generate more money than any other tournament. FIFA was believed to have earned more than $6 billion in its last organized men’s tournament.
This translates that the total revenue soccer brings in is in the region of hundreds of billions of dollars.
Coach Sieb Has a treadmill desk. Walking on the treadmill will break down her triglyceride Levels 90% faster what is the percent that it breaks down while sitting
Answer:
0%
Explanation:
Base on the scenario been described in the question, where we saw coach Seib has 90% faster breaking her triglyceride Levels while working, when sitting, she has a 0% of breaking her triglyceride Levels because no movement, there will be no breakdown in the triglyceride Levels
A cost that has been incurred, or will occur, whether a project is accepted or rejected is a:_________
A cost that has been incurred, or will occur, whether a project is accepted or rejected is a sunk cost.
What is meant by sunk cost?A sunk cost is a cost that has already been incurred and cannot be recovered in economics and corporate decision-making. Sunk costs and prospective costs future expenses that could be avoided if action is taken are contrasted.
Cash spending that has already been made and cannot be recovered, whether a project is approved or denied, is known as a sunk cost.
An investment that has already been made but cannot be recouped is referred to as a sunk cost, also known as a retrospective cost. Sunk costs in the company include things like marketing, research, installing new software or equipment, paying for workers and benefits, or paying for facilities.
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Why is it necessary to include your family's income and tax information on
a fafsa application?
Nike becomes very unpopular. What happens to demand for Reebok?
A. The D-curve shifts to the right
B. The D-curve shifts to the left
C. The D-curve doesn't shift. QD increases
D. The D-curve doesn't shift QD decreases
Answer:
A. The D-curve shifts to the right
Explanation:
Nike and Reebok are supplement goods. It means customers can use either of two brands of shoes with almost equal satisfaction. A change of preferences by customers will influence the demand for supplement goods.
If Nike becomes unpopular, the demand for Reebok will increase. Because the increase in demand is not due to price changes, the demand curve will shift to the right. A shift in the demand curve means that the quantity demanded increases at all prices.
Human capital refers to? a. the amount of money people have b. the skills and knowledge people have that allows them to be productive c. the amount of people's assets d. none of these are correct
Human capital refers to b. the skills and knowledge people have that allows them to be productive. Human capital is a concept in economics that refers to the attributes and qualities of individuals that contribute to their productivity and economic value.
Human capital is a concept in economics that refers to the attributes and qualities of individuals that contribute to their productivity and economic value. It encompasses a person's education, skills, training, experience, and other intangible qualities that enhance their ability to perform tasks, create economic value, and contribute to the overall productivity of an organization or society.
Unlike the amount of money or physical assets individuals possess (options a and c), human capital focuses on the intangible assets related to individuals' abilities, knowledge, and skills. Human capital is considered a valuable resource as it can lead to higher productivity, innovation, and economic growth.
Therefore, the correct answer is b. the skills and knowledge people have that allows them to be productive.
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old Spanish-type houses in have huge high-pitched roo
what is the question kind lad
Management at work you are the proud owner of a small vintage clothing store. your store, fantastic 40s, specializes in clothing from the 1940s. you have four great employees, rebecca, rachel, roberto, and rafael. at first, business was good, but, recently, you have noticed that sales are slipping. puzzled, you turn to your management textbook for some ideas on how to turn things around.
Answer:
You measure sales over time and realize that the months of July, August, and September are particularly slow. As a result, you ask two of your sales clerks if they would be willing to work part-time during those months. Management Science.
Management science refers solving problems and making decisions in a company in order to move it forward. By preferring solutions to the problem of slow sales over some months, you have engaged in management science.
You make sure that when you hire new people, you get input from each of the existing team members. if they're happy with the new hire, they're more likely to make that person part of the team, and the team will sell more. Humanistic Management Theory.
With Humanistic Management, the needs, wants and thoughts of employees are taken into account when making decisions because employees are not viewed as simple assets to the company but as humans who are complex. By finding out what your employees think of a new hire you are engaging in the Humanistic theory.
You notice that when customers have too many choices, they are less likely to make a decision about what to buy, so you tell all of your employees to bring out only three things at one time. In addition, you start to pay your employees a commission for every item they sell. Classical Management theory.
Classical management is based on certain premises such as the needs of employees being either physical or economic as well as profit maximization. By offering commissions as incentives you are appealing to the economic need of your employees. By engaging in practices aimed at getting people to buy more, you are engaging in profit maximization.
A customer survey shows that the men who come into the store would prefer to be left alone while they shop, but the women who come into the store want to be asked if they need assistance. you tell your employees to leave men alone and ask women if they want help. Contingency Theory.
Contingent Theory shows that for each situation in a company, it is best to manage it based on the internal and external factors affecting it. In this case men don't need help but women prefer it. Offer help to women but not to men. You are therefore basing actions on the factors affecting this situation.