Business

A multinational engineering consulting firm that wants to provide resort accommodations to special clients is considering the purchase of a three-bedroom lodge in upper Montana that will cost $220,000. The property in that area is rapidly appreciating in value because people anxious to get away from urban developments are bidding up the prices. If the company spends an average of $400 per month for utilities and the investment increases at a rate of 0.75% per month, how long would it be before the company could sell the property for $100,000 more than it has invested in it
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List two things you could do now to further explore the career clusters you are interested in. please help will give brainliest
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Cincinnati Exporters wants to raise $40 million to expand its business. To accomplish this, it plans to sell 22-year, $1,000 face value, semiannual coupon bonds. The bonds will be priced to yield 6.85 percent and coupon rate of 5.72 percent. What is the minimum number of bonds it must sell to raise the money it needs
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If a company's scope is too big what is likely to happen?
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Instructions 1. Column C. should be type asset liabilitt revenue equity or expense2. Coloumn D OR E should have a YES OR NO. 3. Fill in debit or credit- which is normal balance of the account, (INCREASE SIDE) 4. Fill in which type of account is it? Temporary or permanent.Account Name Type: Asset, Will be Will be Normal Temporary or liability, equity, on the on the Balance Permanent revenue or Income balance is Debit Expense statement Sheet or CreditCash Capital Stock Mortgage Payable Interest Receivable Supplies Account Payable Short Term Investments Repair Expense Unearned Service Revenue Equipment Depreciation Expense Interest Revenue Salaries Expense Retained Earnings Accumulated Depreciation Utilites Expense Salaries Payable Account Receivable Notes Payable Service Revenue"
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The daily cost of producing pizza in New Haven is C(Q) = 4Q + (Q2/40); the marginal cost is MC = 4 + (Q/20). There are no avoidable fixed costs. What is the market supply function if there are 10 firms making pizza? If 20 firms are making pizza? What is the market supply curve under free entry? [HINT: As the first step, find the AC and show that AC is at its minimum when Q = 0.]
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Worth 30 Brainly points Which of the following reflects the application and scope of the UniformGuidelines on Employee Selection Procedures?A. Provide standards for proper testing and other selectionprocedures to help organizations comply with federal prohibitionsagainst discrimination.B. Apply only to selection procedures used for making employmentdecisions, not to recruitment procedures.C. Apply only to those identified in Title VII. They do not apply to therestrictions against age discrimination or discrimination based ondisabilityD. Apply specifically to employment decisions such as hiring,promotion, demotion, membership, licensing and certification.
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The cost of direct materials transferred into the Bottling Department of the Mountain Springs Water Company is $1,098,900. The conversion cost for the period in the Bottling Department is $603,000. The total equivalent units for direct materials and conversion are 33,300 liters and 6,700 liters, respectively. Determine the direct materials and conversion cost per equivalent unit.
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15pts-- multiple choice!You want to invest some of the money you have earned from your part-time job. Since you do not have that much money to invest, you are looking for a risk-free option. All you want is to eventually get your money back with a little interest. Which investment strategy would be best for you?Mutual fundsStocksFranchiseBonds
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Winston Company estimates that the factory overhead for the following year will be $478,800. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 26,600 hours. The total machine hours for the year were 54,000 hours. The actual factory overhead for the year was $986,000. Enter the amount as a positive number.
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Month-end & Year-end process helps to write-off bad debts.Select one:TrueO False
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Which of the following increases the equilibrium price of a used car and decreases the equilibrium quantity? an announcement by the U.S. Attorney General that the windows on older cars were made with cheaper glass that can explode at high speeds new federal legislation that raises the legal driving age to twenty-four in all states a new fee that used car dealers must pay to the government on all sales of used cars all of the above because each is consistent with the "law of demand"
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Freeman Company's accounting records include the following information: Payments to suppliers$47,000 Collections on accounts receivable 99,000 Cash sales 26,000 Income taxes paid 4,400 Equipment purchased 14,900 What is the amount of net cash provided by operating activities indicated by these transactions?
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Someone asked me "hru" but I dont feel anything rn. Like, I don't feel good, bad, OR in between. What do I say?
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Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1,400 units. The costs and percentage completion of these units in beginning inventory were: Cost Percent Complete Materials costs $6,700 65% Conversion costs $7,800 45% A total of 8,500 units were started and 6,900 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Cost Materials costs $126,500 Conversion costs $208,000 The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs. The cost per equivalent unit for conversion costs for the first department for the month is closest to:_____.a. $18.42.b. $19.02.c. $19.91.d. $17.60.
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Last year, a small nation with abundant forests cut down $200 worth of trees. $100 worth of trees was then turned into $150 worth of lumber. $100 worth of that lumber was used to produce $250 worth of bookshelves. Assuming the country produces no other outputs, and there are no other inputs used in the production of trees, lumber, and bookshelves, what is this nation's GDP
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Check My Work You have a current credit card balance of $450.00, which you are paying off so you can close the account No new purchases have been added this month, and interest is computed on the average daily balance method. The APR is 18%, and the minimum payment is 39. If you make the minimum payment this month, what will the new balance be on the
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define regulation economics.
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Bellue Incorporated manufactures a single product. Variable costing net operating income was $92,400 last year and its inventory decreased by 3,100 units. Fixed manufacturing overhead cost was $1 per unit for both units in beginning and in ending inventory. What was the absorption costing net operating income last year
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Enrique Industries purchased and consumed 50,000 gallons of direct material that was used in the production of 11,000 finished units of product. According to engineering specifications, each finished unit had a manufacturing standard of five gallons. If a review of Enrique's accounting records at the end of the period disclosed a material price variance of $5,000U and a material quantity variance of $3,000F, what is the actual price paid for a gallon of direct material
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The following were selected from among the transactions completed by Babcock Company during November of the current year. Babcock uses the net method under a perpetual inventory system.Nov. 3 Purchased merchandise on account from Moonlight Co., list price $89,000, trade discount 30%, terms FOB destination, 2/10, n/30.4 Sold merchandise for cash, $38,210. The cost of the goods sold was $20,810.5 Purchased merchandise on account from Papoose Creek Co., $51,550, terms FOB shipping point, 2/10, n/30, with prepaid freight of $730 added to the invoice.6 Returned $14,000 ($20,000 list price less trade discount of 30%) of merchandise purchased on November 3 from Moonlight Co.8 Sold merchandise on account to Quinn Co., $15,010 with terms n/15. The cost of the goods sold was $10,190.13 Paid Moonlight Co. on account for purchase of November 3, less return of November 6.14 Sold merchandise on VISA, $231,570. The cost of the goods sold was $142,060.15 Paid Papoose Creek Co. on account for purchase of November 5.23 Received cash on account from sale of November 8 to Quinn Co.24 Sold merchandise on account to Rabel Co., $54,800, terms 1/10, n/30. The cost of the goods sold was $33,850.28 Paid VISA service fee of $3,580.30 Paid Quinn Co. a cash refund of $6,420 for returned merchandise from sale of November 8. The cost of the returned merchandise was $3,140.Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles.CHART OF ACCOUNTSBabcock CompanyGeneral LedgerASSETS110 Cash121 Accounts Receivable-Quinn Co.122 Accounts Receivable-Rabel Co.125 Notes Receivable130 Inventory131 Estimated Returns Inventory140 Office Supplies141 Store Supplies142 Prepaid Insurance180 Land192 Store Equipment193 Accumulated Depreciation-Store Equipment194 Office Equipment195 Accumulated Depreciation-Office EquipmentLIABILITIES211 Accounts Payable-Moonlight Co.212 Accounts Payable-Papoose Creek Co.216 Salaries Payable218 Sales Tax Payable219 Customer Refunds Payable221 Notes PayableEQUITY310 Common Stock311 Retained Earnings312 DividendsREVENUE410 Sales610 Interest RevenueEXPENSES510 Cost of Goods Sold521 Delivery Expense522 Advertising Expense524 Depreciation Expense-Store Equipment525 Depreciation Expense-Office Equipment526 Salaries Expense531 Rent Expense533 Insurance Expense534 Store Supplies Expense535 Office Supplies Expense536 Credit Card Expense539 Miscellaneous Expense710 Interest Expense
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The following units of an inventory item were available for sale during the year: Beginning inventory 10 units at $55 First purchase 25 units at $60 Second purchase 30 units at $65 Third purchase 15 units at $70 The firm uses the periodic inventory system. During the year, 60 units of the item were sold. The value of ending inventory rounded to the nearest dollar using the weighted average cost method is
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Karim Corp. requires a minimum $8,100 cash balance. If necessary, loans are taken to meet this requirement at a cost of 2% interest per month (paid monthly). Any excess cash is used to repay loans at month-end. The cash balance on July 1 is $8,500 and the company has no outstanding loans. Forecasted cash receipts (other than for loans received) and forecasted cash payments (other than for loan or interest payments) follow. July August September Cash receipts $ 24,100 $ 32,100 $ 40,100 Cash payments 28,150 30,100 32,100 Prepare a cash budget for July, August, and September. (Negative balances and Loan repayment amounts (if any) should be indicated with minus sign. Round your final answers to the nearest whole dollar.)KARIM CORP.Cash BudgetFor July, August, and SeptemberJuly August SeptemberBeginning cash balance $8,500 Cash receipts 24,100 Total cash available 32,600 Cash payments Interest revenue Preliminary cash balance Additional loan (loan repayment) Ending cash balance Loan balanceLoan balance - Beginning of month $0 Additional loan (loan repayment) Loan balance - End of month
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Complete the following sentence. Remember to spell correctly.The market is in ___until the price of goods reflects equal supply and demand.
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