On December 1, 2022, Escobar Consulting, which uses a calendar year as its fiscal year, signs a $4,000, 12%, four-month note payable. Journalize the entry to record the payment of the note and entire interest on April 1, 2023.
A. Debit Notes Payable $4,160 Credit Interest Expense 160 Credit Cash $4,000
B. Debit Notes Payable $4,160 Credit Cash $4,160 You got it wrong :
C. Debit Notes Payable $4,000 Debit Interest Expense 160 Credit Cash $4,160 This is correct answer :
D. Debit Notes Payable $4,000 Debit Interest Expense 120 Debit Interest Payable 40 Credit Cash $4,160

The stock price is mathematically given as

P=$57.64

Generally, the equation for is Value after year  mathematically given as

[tex]V=\frac{(FCF for year 5*Growth rate)}{(WACC-Growth rate)}\\\\V = \frac{(55.4*1.05)}{(0.09-0.05)}[/tex]

V= $1454.25

Hence, the current value is mathematically given as

I=Discounting factor equal to the future cash flows multiplied by their present value

[tex]I=\frac{-22.76}{1.09} + \frac{38.8}{1.09^2}+ \frac{43.4}{1.09^3}+\frac{52.3}{1.09^4}+\frac{55.4}{1.09^5}+\frac{1454.25}{1.09^5}[/tex]

I=$1063.508769

current value for ordinary stock

I'=$1037.508769million

In conclusion, the stock price is

P=(1037.508769/18)

P=$57.64

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The journal entry for declaring a $9,000 dividend to be paid in the coming month is:

Date                   Account Title                                      Debit          Credit

XX-XX-XXXX    Retained earnings                           $9,000

                          Dividends Payable                                               $9,000

The Retained earnings account will be debited to show that the account is decreasing. This is because dividends are taken from the retained earnings of a company.

The dividends payable account will be credited with $9,000 to show that the company now owes its shareholders $9,000. This will then be debited next month to show payment.

In conclusion, retained earnings are debited, and dividends payable are credited.

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As a proficient customer service professional, the first step to take in such a situation is to first apologize in the kindest way possible to the customer. It would give the customer comfort to know that the server is corrected immediately while taking charge of the clients order.

The above procedure is known as conflict resolution under customer care service.

One additional step maybe to keep the costumer company and ensure that they are happy before they leave.

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Firms will generally make-to-order when the demand for goods is not stable.

Make to order (MTO) is a production process that involves a customer ordering a specific products which is usually different from the general products.

The products may be customized and its usually done when a company has less demand or work.

Therefore, Firms will generally make-to-order when the demand for goods is not stable.

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Over or under application of overhead should be corrected by  closing it to Retained Earnings the Cost of goods sold as well  Finished goods Work in process.

Retained earnings serves as the  cumulative net earnings of a company  after the accounting for dividends.

This can be used to correct the Over or under application of overhead.

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Answer: D

Explanation: I just took the test

Dimitri earns $1000 a month and spends $800 on rent, groceries and other expenses. Therefore Dimitri is living within their means. The correct option is d.

To live within our means, it can be understood that what we spend each month is less than or at least equal to the amount of money we bring in each month. For many people, it’s a lot easier said than done. If we want to live within our means, we have to know what our means are. Simply knowing our annual salary or hourly rate isn’t enough to help us live below our means. We need to know the net income that appears on our paychecks and the amount we have to spend.

We also need to know how often we get paid so we can better match the timing of our income with our bills. Since most of our bills are paid monthly, we’ll need to know how much we get paid every month.

We must multiply weekly paychecks by four, and bi-weekly paychecks by two, to get our monthly pay.

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The SG&A Expense/Sales is the tertiary ratio that drives profitability.

This refers to the everyday operating expenses of running a business that are not included in the production of goods or delivery of services.

As the SG&A includes rent, salaries, advertising, marketing expenses etc., it is the tertiary ratio that drives profitability.

Therefore, E is correct.

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Based on the ingredients and drinks needed to make a punch bowl, the quantity of each ingredient that is needed is:

Assuming that the amounts of each ingredient is x, the formula would be:

8.5 = 2.5x + 0.8x + 1.375x

Solving gives:

4.675x = 8.5

x = 8.5 / 4.675

=  1.818181

Using this value of x, we can then find the quantity of vodka needed to be 2.5 liters.

Grenadine would need 1.45 liters and Ginger Ale would need the highest amount of 4.55 liters.

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Answer:

different media?hdhdbejdbdb

Explanation:

yeshehssiebeiidj

The variable cost (related to the production volume) will be 10.7 in total per week (100 units)

100 units x 16 dollar total unit cost =  1600

the total cost is composed of both, variable and fixed costs so we have to subtract the fixed cost to arrive at the variable cost.

total cost = fixed + varible

total - fixed = variable

1600 - 530  = 1070

The variable cost is 1070 in total

while: 1070/ 100 = 10.7 per unit.

Variable costs are costs that change as the quantity changes. Examples of variable costs include raw materials, parts labor, production materials, handling charges, shipping charges, packaging materials, and credit card fees. In some accounting documents, variable costs are called "cost of goods sold."

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The memo explaining the business performance findings from the statement of cash flow will entails:

This refers to the financial statement that shows how changes in balance sheet accounts and breaks the analysis down to operating, investing and financing activities.

Hence, the memo will inform Ms Loki about  business performance findings especially on the cash position of the business such as the inflow and outflow of cash from the firm.

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Answer:

define five runs of hierarchy of contains elimination substitution engineering controls editing status control and personal protective equipment

Do what you do best" is most consistent with undifferentiated target marketing strategy.

This is when an organization or company devised means of promoting their products to the target audience.

Undifferentiated is when a marketer overlooks the market's segment distinctions and make use of a marketing plan designed to appeal to as many individuals as possible.

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Some operational risk events faced by JP Morgan and other firm are:

This refers to an incident or experience that has caused or that has a potential to cause some material loss to the firm either directly or indirectly with other incidents.

Some example of an operational risk involves some employee errors, criminal activity like fraud, physical events etc.

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The statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct

Economic growth is used when a country performs better than the previous years in terms of it economy.

The country may have an increase the in quantity if goods supplied ands demanded that year compare to other years thereby increasing the money in.

Therefore, the statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct

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Based on the face value of the bonds and the coupon rate, the amount owed to investors by Nowell Company is:

This can be found as:

= (Coupon rate x Face value) / 2 semi annual periods

Solving gives:

= (7.5% x 140,000) / 2

= $5,250

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This is true that The original Greek Olympic Games are often considered the beginning of sports and entertainment marketing as we know it today.

The contemporary Olympic Games, sometimes known as the Olympics, are the most prestigious international athletic occasions that include summer and winter sports competitions in which thousands of competitors from all over the world take part in a range of activities.

Zeus, the father of the Greek gods and goddesses, was the main focus of the ancient celebration that included the Olympic Games.

Soccer is the most popular sport in the world according to other metrics, and it's also one of the most popular Summer Olympic sports, though it has some competition from swimming and athletics, whose popularity peaks during the Olympics.

The ancient Olympic Games were originally a one-day competition until they were expanded to a three-day competition in 684 BC. The Games were once more expanded to take place over five days in the fifth century B.C. Running, long jumping, shot throw, javelin, boxing, pankration, and equestrian competitions were all part of the ancient Games.

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Answer:

I would use suggestions 3 so that the customer has a better understanding of the products

There would be the suggestion as related to product “I'd suggest you try reviewing our packages on our website first. Then we can offer more assistance once you have a better understanding of what you think you need.” Thus, the option (c) is correct.

What is product?

The term “product” refers to the item or object can be sold. The product always tangible. The product are manufactured with the help of machines. The product is based on durable and non-durable product. The product is delivered with multiple channels are one level, two level and three level depend on product.

A costumer is call to injury about product features, price, and quality and different question asked. The costumer is very curious about on related to the product and business.

The product company helper to assist the costumer to go to her business website and search the product details and features than choose the product. Then ask any doubt its better understand to costumer.

Therefore, option (c) is correct.

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Professional groups should not be allowed to assign their own codes of professional conduct because the organizational ethics set a standard of job compliance.

These are the rules and policies created to direct the behavior of employees, generating compliance, positive practices at work and standardization of actions, creating a culture favorable to development, cooperation and motivation.

Therefore, individual ethics can be related to individual values ​​and not correspond to organizational values, not guaranteeing the equity of employees.

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Answer:

Total cost (TC) = Total variable cost (TVC) + Total fixed cost (TFC)

Therefore,

Total fixed cost = Total cost - Total variable cost

hope am helpful

Answer: Total fixed cost= Fixed cost- total variable cost

Explanation: you should add the fixed cost and the variable cost then the answer you get by adding the fixed cost and the variable cost is the total fixed cost.

use the below way to find the Total fixed cost;

Fixed cost= Fixed cost (TC) + Variable cost (TVC)

then to get the total fixed cost;

Total fixed cost= Fixed cost- total variable cost

The journal entry to replenish the petty cash account is credit to Cash for $266.

The amount that needs to be replenished is:

= Petty cash fund - cash

= 298 - 32

= $266

This amount needs to be taken from the cash account which is why the cash account will be credited with $266.

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The difference between monological and dialogical communication lies in the participation of the people involved in the communication.

The difference between these three modes of communication is that in monologic one person listens to what another person is saying, in dialogic both participate actively speaking and listening, and in resistant background conversations the participants are completely passive and only hear what others say. .

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The amount of the operating loss may Orange deduct currently will be $108000.

It should be noted that the operating loss of a company occurs when the company's operating expenses are more than the gross profit.

The following are given in the information:

Operating loss $(2,160,000)

Notes payable, Big Apple Bank 360,000

Notes payable, Grapefruit (individual) 360,000

Also, it was stated that Orange (an individual) bought 50% of Citrus Corporation stock for $540,000.

Therefore, the amount in this scenario will be:

= 50% × $2160000

= $108000

In conclusion, the amount of the operating loss may Orange deduct currently will be $108000.

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Providing intellectual property rights can result in in-

Intellectual property rights provide an authority for individuals to restrict other people to copy or imitate the product or process followed in any invention for a certain period of time.

If a Violation of these rights has been noticed the guilty party has to bear the fines and imposed punishment on them for breach of Contract. One should have been required to take permission from the inventor in order to imitate.

This gives an inventor the chance to make money off of her invention since when permission to copy is requested, they can charge a fee. Additionally, it aids lawsuits and piracy.

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The adjusting entry to record estimated bad debts expense using the percentage of receivables basis is:

Bad Debt Expense Account dr........             $25,500          

      To Allowance for Doubtful Account                      $25,500

(Being the bad debt expense is recorded)

For recording this, we credit the allowance for doubtful debts, which decreased the value of the assets and debit the bad debt expenditure, which raised the expenses.

Additionally, since there is a credit balance, the account receivable is reduced accordingly.

The amount for bad debt expense Account = $29,600 - $4,100

                                                         = $25,500

Hence, The adjusting entry to record estimated bad debts expense using the percentage of receivables basis is:

Bad Debt Expense Account dr........             $25,500          

      To Allowance for Doubtful Account                      $25,500

(Being the bad debt expense is recorded)

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The geometric mean rate of return on investment is 29.45%

What is arithmetic mean rate of return?

Arithmetic rate of return is the sum of all returns divided by the number of periods for which the returns were indicated.

Arithmetic rate of return=sum of returns/number of returns

number of returns in this case is 4 since the returns were for 4 years

arithmetic rate of return=(30%+20%-40%+200%)/4

arithmetic rate of return=52.50%

What is geometric mean rate of return ?

It is the return computed using a different approach as shown by the formula below:

geometric mean rate of return= ((1 + R1) × (1 + R2) × ... × (1 +Rn))(1/n) - 1

R1=year 1 return=30%

R2=year 2 return=20%

R3=year 3 return=-40%

R4=year 4 return=200%

n=4(the returns for 4 years)

geometric mean rate of return=((1+30%)*(1+20%)*(1-40%)*(1+200%))^(1/4)-1

Remember the return in year 3 is negative 40%, using a positive return would lead a wrong conclusion

geometric mean rate of return=1.2945-1

geometric mean rate of return=29.45%

The geometric mean rate of return on investment is 29.45%

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In the question that we have here the person that is the principal is Sarah.

This is the term that is used to refer to a given person that gets another person to work or represent them. That is the other person would be authorized to carry out the transactions such as buying and the selling of properties on their behalf.

In the question, we can see the justification from the fact that the owner of the house Sarah has given the seller or agent the right to act on her behalf on the transaction.

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Answer:

d ) mandatory deduction