S21: Tracing Algorithms Activity Page 1 of 4 128 points possible 1. A woman invests $200 on January 1 for each of three years in a fixed income bond that pays interest of 8 per cent per annum, the interest being added to her account at the end of each year. The following algorithm gives the total value of her investment after the three-year peri
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Algorithms are simply used as prototypes or guide of an actual program
Trace the algorithmThe complete question is added as an attachment
The variables in the algorithm are
Variables I and A
Where A represents the initial amount invested, I represents the number of years
So, the trace of the algorithm is:
Initialize A to 0Iterate with I from 0 to 3Add 200 to AMultiply A by 1.08Print A after the iterationsHow the algorithm can be amendedFrom the question, the amendment of the algorithm is to print the investment after each year.
To do this, we simply include the print statement inside the loop statement
So, we have:
A = 0
FOR I = 0 TO 3
A = A + 200
A = 1.08 * A
PRINT A
NEXT I
Modify the algorithmThe modified algorithm is as follows:
A = 0
INPUT P
INPUT N
FOR I = 0 TO N
A = A + P
A = 1.08 * A
NEXT I
PRINT A
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Related Questions
Cylle installs a unique home entertainment center. he charges a flat fee of $1,200 for the system and the installation. what revenue model does cylle employ?
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Unit sales is revenue model employed. On a balance sheet, the unit sales figure represents the total sales of a product in a given period. This sales data is used to determine the price point that allows for the highest profit per unit while employed the actual cost of production.
For example, we could say that the iPad Air sold for $200 or 10,000 units, when the actual sales value is $2 million and the quantity employed is 10,000 units. As a result, unit sales of $200 are possible. Total Sales Value/sales Quantity = 2,000,000/10,000 = $200 in unit sales.
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Furniture World is required by law to collect and send sales taxes to the state. If Furniture World has $98,000 of cash sales that are subject to a 6% sales tax, what is the journal entry to record the cash sales?
Answers
Dr Cash $98,000.00
Cr Sales $92,120.00
Cr sales tax payable $5,880.00
What is sales tax?
Sales tax is the portion of the sales revenue or sales price that would be paid to the government as taxes on the items sold.
In order words, the sales revenue comprises of the sales amount belonging to the seller and the other part which is the sales tax that the seller would remit to the relevant tax authority.
In this case, 6% of the amount collected from cash sales in this instance belongs to the tax authority which would be recorded as sales tax payable until it is finally paid to the tax authority.
Sales tax=$98,000*6%
Sales tax=$5880.00
sales amount=sales revenue-sales taxes
sales amount=$98000.00-$5,880.00
sales amount=$92,120.00
The appropriate journal entries would include a debit to cash account and corresponding credit entries of $92,120.00 and $5,880.00 to sales account and sales tax payable account respectively
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Which of the following statements is MOST accurate? Group of answer choices Hinduism is a polytheistic religion. Hinduism is a monotheistic religion. Hindus disagree about how many gods there are. Hinduism practices a form of serial monotheism
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The following statements is MOST accurate : Hindus disagree about how many gods there are.
What is Hinduism?Hinduism is a religion with various Gods and Goddesses.
According to Hinduism, three Gods rule the world.
Brahma: The Creator.
Vishnu: The Preserver.
Shiva: The Destroyer.
Lord Vishnu did his job of preserving the world by incarnating himself in different forms at times of crisis.
Although all Hindus acknowledge the existence and importance of a number of gods and demigods, most individual worshipers are primarily devoted to a single god or goddess, of whom Shiva, Vishnu, and the Goddess are the most popular.
Therefore, we can conclude that the Correct Answer is : C. Yes, most Hindus do not agree about number of Gods .
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Zach company previously recorded receiving $1,000 cash in advance. Zach company has earned ½ of the amount. the adjusting entry would be:______.
A. Prepaid Rent 2,700
Rent Expense 2,700
B. Rent Expense 2,700
Prepaid Rent 2,700
C. Rent Expense 900
Prepaid Rent 900
D. Prepaid Rent 900
Rent Expense 900
Answers
The correct adjustment entry will be:
Prepaid Rent Dr. 900
To Rent Expense 900
An adjustment entry is one that is created to properly allocate each accounting period's income and expense amounts.
In order to ensure that the financial accounts at the end of the year are correct and current, it updates previously recorded journal entries. The matching principle is a requirement in accounting that you must follow. According to the matching principle, revenue is recognized when it is earned and costs are recognized when they are incurred.
Making adjusting entries allows you to correctly and timely record company transactions. But only the accrual basis of accounting is covered by this theory. Adjusting entries are not necessary if your company uses the cash basis technique.
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Treasury stock represents ______. (Check all that apply.) Multiple select question. stock issued in exchange for treasury bills a contra-equity account the amount paid for stock reacquired and currently held in treasury the amount paid to acquire US treasury stock
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Option 3. The amount paid for the stock reacquired and currently held in its treasury.
2) Option 6. Credit common stocks $180,000.
2) Option 8. Debit cash $660,000.
Solution 1:
Treasury Stock represents "the amount paid for stock reacquired and currently held in Treasury".
Hence the third option is correct.
Solution 2:
Price of share = (Common stock + paid-in capital in excess of par) / Number of shares issued.
= ($100,000 + $460,000) / 50000
= $11.2 per share.
Solution 3:
Journal entry will be:
Debit Cash......................$660,000
Credit Common stock....................................$180,000
Credit Paid in capital in excess of par...........$480,000
Hence third, sixth and last options are correct.
Treasury stock is often a form of reserved stock set aside to raise funds or pay for future investments. Companies may use treasury stock to pay for investment or acquisition of competing businesses.
Your question is incomplete. please read below to find the full content.
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Yang company sold merchandise for $2,000. The event is subject to a state sales tax of 9%. Based on this information, yang would be required to.
Answers
Recognizing the sale will require Yang to recognize a sales tax liability of $180.
Tax Liability: What Is It?The amount that a person, company, or other entity owes to a federal, state or local tax authority is known as their tax liability. The selling of an investment or other item that generates income generally results in the creation of a tax burden. When purchasing items, one may be required to pay a municipal or state sales tax. (Although several nations do, the United States does not impose a national sales tax.)
If a person's overall tax debt was nil or if their income was too low to necessitate filing tax returns, they might not have any income tax burden.
Types of Taxes
A form of consumption tax is sales tax. It is the tax assessed on merchandise sales. The value added tax is one illustration.
Excise tax is a charge applied at the point of sale to specific goods and services. Typically, this tax is imposed on products whose consumption the government intends to discourage. as in tobacco
This equation would be used to calculate Yang's tax obligation:
sales tax x cost of products sold
9% x $2000
0.09 x $2000
= $180.
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The Civil Rights Movement can be most accurately described as primarily an uprising against the KKK.
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It is false to claim that the Civil Rights Movement can more accurately be described primarily as a revolt against the KKK.
What was the Civil Rights Movement?It was the movement of the African-American population that took place during the 50s and 60s, whose main objective was the conquest of civil rights for blacks, in order to achieve equity among citizens regardless of racial characteristics and the end of segregation and institutional racism in the country.
Therefore, it is concluded that the civil rights movement emerged with the need to promote social justice in the country and equity to black citizens, who suffered from discrimination and racist movements, such as the KKK.
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To economists, the main difference between the short run and the long run is that.
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Blockchain is often associated with bitcoin and the financial services industry. however, it is applicable to almost every industry. the term multi-party systems better describes how the blockchain system is used. what is a benefit of a multi-party system?
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A benefit of a multi-party system in Blockchain technology is the increased trust generated because it is not a single party that controls the Blockchain processes.
What are the benefits of a multi-party system in Blockchain?Blockchain data technology survives on multi-party processing and control.
The benefits of a multi-party system in Blockchain include:
Increased trust Provision of transparencyDecentralized controlImmutable transaction historyTraceability of shared dataCost-savings and efficienciesImproved security and accountability among parties.Thus, a benefit of a multi-party system in Blockchain technology is the increased trust.
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Using the allowance method of accounting for uncollectible receivables, the entry to reinstate a specific receivable previously written off would include a:_______
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The entry to reinstate a specific receivable previously written off would include a: debit to Accounts Receivable.
What is uncollectible receivables?Uncollectible receivables can be defined as the loan or money that a company cannot collect from a debtor while Accounts Receivable can be defined as the money a company is expected to receive from a client or vendor for the service rendered to the vendor.
Hence, the appropriate journal entry to reinstate a specific receivable previously written off would be debit to Accounts Receivable.
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If you were running an advertising campaign for designer men's suits, you should target families with Multiple Choice higher incomes. poor taste in clothing. lower incomes. similar tastes and preferences.
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Higher incomes
You should target families with higher incomes.
How do you determine the target market and target audience?Companies segment the market to determine the target audience, then create marketing plans for each group of customers to tailor the offerings to their needs. Based on research into market sectors with the most potential for the business, the target market is selected. A company could concentrate on multiple demands and choose a primary and secondary objective. In this instance, the business concentrates on targeting families with higher incomes and allocates the majority of its resources to them.
Your target market seems to be a very difficult thing to define. But if you divide the procedure into several parts, you may quickly identify the appropriate market niche.
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A technique that allows a researcher to determine the greatest amount of material that can move through a network is called:______
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A technique that allows a researcher to determine the greatest amount of material that can move through a network is called maximal flow.
Sampling means selecting the organization that you'll definitely acquire information from in your studies. As an example, in case you are studying the critiques of college students in your college, you could survey a sample of one hundred college students. In information, sampling permits you to check speculation approximately the traits of a populace.
Quota sampling is a sampling technique wherein statistics are accrued from a homogeneous institution. It involves a -step procedure wherein two variables can be used to filter out records from the populace. it could easily be administered and facilitated in a short assessment.
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2. The public information strategy includes the types of information to be distributed, the procedures for distributing information, procedures for updating or correcting information, and:
Answers
A method for allowing the public to express concerns or questions.
What does public information strategy include?It aids in creating and maintaining a favorable public perception of your company. It entails reaching audiences by exploiting news stories and public interest themes that don't involve direct payment.
Find out what needs to be altered or improved, and then identify positive elements to build.
Identify any societal, economic, or industrial trends that need to be taken into account.
I understand the question you are looking for is this:
The public information strategy includes the types of information to be distributed, the procedures for distributing information, procedures for updating or correcting information, and:
A) a method for allowing the public to express concerns or questions.
B) the time of day to distribute information.
C) when to withhold information.
D) the cost of distributing information.
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Coffee accounts for at least 50 percent of the revenue that Uganda and Burundi earn from their exports. This reliance on one commodity explains why they are classified as what type of economy
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The reliance on one commodity explains why they are classified as a peripheral economy.
What is a peripheral economy?A peripheral economy is an economy that relies on either one commodity or a few commodities. As a result, these types of economies are extremely vulnerable to fluctuations in price and demand of that commodity.
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Which of the following would DECREASE the NPV of a project being considered, other things held constant
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(E) A shift from straight-line to MACRS depreciation would increase the NPV of a project.
What is MACRS depreciation?The MACRS depreciation method provides for greater accelerated depreciation over the asset's life. This means that the company can take bigger tax deductions in the early years of the asset's life and less in later years.NVP of a project:
The difference between the value of cash today and the worth of cash at a future date is referred to as net present value (NPV). In project management, NPV is used to estimate if the future financial returns of a project will outweigh the current investment, indicating that the project is worthwhile. A switch from straight-line to MACRS depreciation would boost a project's NPV.As it is given in the description itself, a switch from straight-line to MACRS depreciation would boost a project's NPV.
Therefore, (E) a shift from straight-line to MACRS depreciation would increase the NPV of a project.
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The question you are looking for is given here:
Other things held constant, which of the following would increase the NPV of a project being considered?
a. Making the initial investment in the first year rather than spreading it over the first three years.
b. The project would decrease sales of another product line.
c. An increase in required net operating working capital.
d. An increase in the discount rate associated with the project.
e. A shift from straight-line to MACRS depreciation.
Using this table, calculate the profit at each level of running shoe inserts production. Pair 1: $ Pair 2: $ Pair 3: $ Pair 4: $ Pair 5: $
Answers
Based on the total cost, total revenue, and pair of shoes, the profit level at every level of running shoe production are:
Pair 1 - $23Pair 2 - $51Par 3 -$80 Pair 4 - $109Pair 5 - $137What are the profits at each level?The profit can be found as:
= Total revenue - Total cost
At first level:
= Total revenue - total cost
= 30 - 7
= $23
At pair 2:
= Total revenue - total cost
= 60 - 9
= $51
At pair 3:
= Total revenue - total cost
= 90 - 10
= $80
At pair 4:
= Total revenue - total cost
= 120 - 11
= $109
At pair 5:
= Total revenue - total cost
= 150 - 13
= $137
The total profit is increasing because the total revenue is increasing significantly yet the total cost is only increasing marginally.
In conclusion, the profit is increasing more because cost is increasing less.
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A bond is the issuer's written promise to pay the _____________ of the bond with interest.
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A bond is its issuer's written promise to pay the amount equaling the par value of the bond with interest.
The bond period is the period from the issuance of the bond to the maturity of the bond. On the maturity date of the term bond, the face value of the principal bond must be repaid to the bondholder. Term bonds are in contrast to series bonds, which mature in installments over a period of time.
Bonds can be classified into four types: corporate bonds, municipal bonds, government bonds, and agency bonds. The bond price is inversely proportional to the coupon rate. When interest rates go up, bond prices go down, and when interest rates go down, bond prices go up.
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Assume that hiring a manager of operations was a good idea. What leadership style would have been more effective in this position
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The authoritarian Leadership style would have been more effective in this position.
What is Authoritarian Leadership?
An authoritarian leadership style is shown when a leader prescribes policies and procedures, determines what goals must be met, and commands and controls all actions with little meaningful input from subordinates. Such a leader has complete control over the team, allowing for little individuality inside the group. The group is supposed to accomplish the work under very strict supervision, while the leader has limitless authority. The replies of subordinates following directives are either penalized or rewarded.Assume that hiring a manager of operations was a good idea.
Therefore, the authoritarian Leadership style would have been more effective in this position.
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The emirates group has a workforce comprised of individuals with 160 different nationalities. Suppose that one individual is convinced that his culture is superior to his co-workers. The individual is being.
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The individual is being Ethnocentric.
Ethnocentrism, whether conscious or unconscious, is a term that applies to cultural or ethnic bias, where individuals see the world from the perspective of their own group and establish their own group as a prototype. And evaluate all other groups in relation to that ideal.
People with ethnocentrism judge other cultures by comparing them with their immediate culture. Ethnocentrism Americans may overlook the unique charm of any city in the world compared to New York City. If you use the standards of your own culture to judge another culture, you are ethnocentric.
"Ethnocentrism" is a commonly used word in circles where ethnicity, interethnic relationships, and similar intergroup issues are important. The usual definition of this term is "think your group is better than the other" or "decide that the other group is inferior to your group".
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In the short run, a profit-maximizing monopolistically competitive firm sets it price: A) equal to marginal revenue. B) equal to marginal cost. C) above marginal cost. D) below marginal cost.
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In the short run, a profit-maximizing monopolistically competitive firm sets it price: above marginal cost. Option C. This is further explained below.
What is marginal cost?Generally, The marginal cost of production is the incremental cost incurred to produce one more unit of a good or service.
In conclusion, Initially, a monopolistically competitive business sets its price at a level above its marginal cost in order to maximize its profits.
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A planned unit development (PUD) is an example of A) multiple-use zoning. B) aesthetic zoning. C) directive zoning. D) bulk zoning.
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A planned unit development (PUD) is an example of multiple-use zoning. option A
What is PUD?Planned unit development zone focuses on developing neighborhood, sub-divisions.
They are in charge of developing various buildings and structures within sub-division. PUD is under the multiple-use zoning that houses all houses project.
Therefore, A planned unit development (PUD) is an example of multiple-use zoning. option A
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The investment timing decision relates to: Group of answer choices how frequently the cash flows of a project occur. how long the cash flows last once a project is implemented. the preferred starting date of a new project. how long a project should operate before an abandonment decision can be implemented. how many times a project can be expanded.
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Choosing when to start a project is related to the investment timing decision.
Is an investment's timing crucial?The following are some advantages of market timing strategy:
Market timing is utilized to increase earnings and counteract the dangers involved with small gains. When it comes to investments, the basic risk-return trade off holds true: the greater the risk, the greater the gain.What does the term "investment decision" mean?The choice and acquisition of the long-term and short-term assets in which funds will be invested by the organization are referred to as investment decisions.
What is a timing option for investments?The investment-timing option, which is the choice to delay rather than immediately adopt or reject a capital budgeting project, can dramatically boost a project's value when interest rates are unpredictable.
What is an example of an investment decision? Decisions on investments can be made for the long- or short-term. A capital budgeting decision is another name for a long-term investment choice. Long-term financial commitments are necessary. A new machine purchase to replace an older one, the purchase of a new fixed asset, the establishment of a new branch, etc. are a few examples.learn more about investment decision here
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Choose a pay for performance method from the following categories: individual, group, or organizational performance and use the internet to locate the website of a company which has recently introduced a new pay system. then assess from the information, the drivers that were making the change necessary for the company, the steps and rationale of the system, implementation steps they utilized, and their results. be sure to provide any urls you used as a reference source for your answer.
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The recognized benefits of a pay-for-performance system includes:
Employee EngagementEmployee CompensationImproved ProductivityLower Unit CostsBetter RecruitingWhat is a pay for performance strategy?This performance plan refers to a firm programs that is designed to pay the employees based on how well they do at work.
Most often, the companies that use this performance plan have clear guidelines for behaviors or that a certain employee's performance evaluation results that increase pay.
Normally, the Individual performance would take specific goals of a single-person whereas a group would consist of perhaps a department within a company.
The organizational performance goals would consist of a goal for an entire company when it comes to one’s contribution, also, an individual pay for performance incentive is a scenario where you would potentially have the greatest effect on the outcome of the incentive.
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Most operating decisions of management focus on a narrow range of activity called the ______ of production.
a.optimal level
b.relevant range
c.tactical operating level
d.strategic level
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Most operating decisions of management focus on a narrow range of activity called the relevant range of production. This is further explained below.
What are operating decisions?Generally, Decisions about daily operations are the kinds of particular business choices that are made by every company on a daily basis. There are millions upon millions of these that have been taken, and thousands upon thousands of distinct varieties. Decisions on how to operate day-to-day activities in a firm are called "operational" and are made by a variety of employees.
In conclusion, The majority of operational choices made by management center on a certain subset of activities, which is referred to as the relevant range of output.
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What is it called when one party to a contract transfers the contractual rights and obligations to another but remains liable for the contract terms
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An assignment is it called when one party to a contract transfers the contractual rights and obligations to another but remains liable for the contract terms.
What is contract assignment?This is a term used in law of contract and of property and assets, which is when a party transfers his or rights(assets) to the other party.
Here one party wishes to leave a contract and transfer their role to a new, incoming party. For the transfer to be legal, the process must be documented and sealed by the signature of both parties in the presence of their lawyer.
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With a reserve ratio of .5, an increase in deposits of $100 will result in an increase in money of _____.
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With a reserve ratio of .5, an increase in deposits of $100 will result in an increase in money of $100.
What is the relationship between the reserve ratio and money supply?The reserve ratio and the money supply have an inverse relationship.
This implies that when the reserve ratio decreases, the money supply increases, and vice versa.
Data and Calculations:Reserve ratio = 0.5 or 50%
Deposit = $100
Total money in the banking system = $200 ($100/0.5)
Increase in money supply = $100 ($200 - $100)
Thus, with a reserve ratio of .5, an increase in deposits of $100 will result in an increase in money of $100.
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________ is committed to persuading followers to share a leader’s vision and desired goals.
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Transformational is committed to persuading followers to share a leader’s vision and desired goals.
A transformational leader is someone who: Supports followers' positive growth and motivation. sets an example for moral behavior within the company and inspires others to do the same. creates a work atmosphere that is morally sound and has defined priorities and norms.
Transformational leaders are adept at inspiring and motivating their teams to act in ways that result in substantive change. A successful staff that is empowered to innovate and contribute to an organization's future success is the outcome.
According to the leadership theory of transformational leadership, a leader collaborates with teams or followers beyond their immediate self-interests to identify needed change, develop a vision to guide the change through inspiration and influence, and carry out the change with the help of devoted group members.
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The Simpsons are buying a five-acre lot that was part of a much larger tract of acreage. When the owners of the large acreage decided to subdivide it, they needed to have a legal description created for the five-acre lot. What was used as the starting point for creating that legal description
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A survey was used as the starting point for creating that legal description.
A survey is a research method that collects data from a predefined group of respondents to gain information and insights on various topics of interest. They have multiple purposes and researchers can implement them in different ways, depending on the chosen methodology and research objectives.
Technically, research is a method of collecting and compiling information from a group of people, more commonly called a sample, to produce insights about an organization, company, or institution. This information or opinion gleaned from a sample is often a generalization of what a large population thinks.
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The proactive prevention technique, ________, occurs when the marketing or public relations department suggests that something relatively small is a bigger deal.
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The proactive prevention technique enhancements occur when the marketing or public relations department suggests that something relatively small is a bigger deal.
The American Public Relations Association defines public relations as "a strategic communication process that builds mutually beneficial relationships between an organization and its public." Basically, a PR specialist manages the public image and reputation of the organization.
Public relations is a unique management function that helps establish and maintain the interrelationships of communication, understanding, acceptance, and cooperation between an organization and the general public.
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Unearned fees appear on the
Answers
Unearned fees are a current liability that is presented on the balance sheet.
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