Answer:
the value added approach the income approach the expenditures approach
At June 1, 2018 Billy’s Fitness Company purchased new exercise equipment for its facility.
The following information refers to the purchase and installation of this equipment:
• The list price of the equipment was $640,000 less a cash discount of 5%.
Billy’s Fitness Company paid sales taxes of $36,480 at the date of purchase.
• Transportation charges for delivery of the equipment totaled $2,200.
• Costs for installation and test runs to ready the equipment for customer use
amounted to $1,600.
• Normal maintenance costs for the exercise equipment in June 2018 were $875.
Requirement:
For each of the bulleted items above, indicate which items should be included by Billy’s
Fitness Company as a part of the total cost of its Exercise Equipment account. Also briefly
indicate the proper accounting treatment of those items that are not included in the cost of
the Exercise Equipment
An indication of the bulleted items that Billy's Fitness Company should include in the cost of the Exercise Equipment account is as follows:
Equipment's List Price = $608,000
Sales Taxes 36,480
Transportation cost 2,200
Installation and testing 1,600
Total costs $648,280
Thus, the costs of normal maintenance of the equipment in June 2018 should not be included in the Equipment Account but treated as expenses in the income statement.
Data Analysis:
Equipment's list priceless discount = $608,000 ($640,000 x(1 - 5%)
Cash Discount = $32,000 (5% x $640,000)
Sales taxes included = $36,480
Transportation charges = $2,200
Installation and testing costs = $1,600
Maintenance costs =$875
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Explain how Nike came to that situation through its expansion strategy
Answer:
Other than its superior products, it was able to expand thanks to its use of global marketing strategies to help expand its business globally and gain market share everywhere. Nike was able to use social media presence and strategic partnership and sponsorship to gain global consumers and market share
Explanation:
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A negative attitude can lead to
O more completed work
O high turnover
O better work environment
O fewer conflicts between employees
Negative attitude can lead to high turnover
what are the source of law ?
Discuss the difference between the income statement of Variable and absorption costing.
Use Apple’s financial statements in Appendix A to answer the following. Required: 1. Is Apple’s statement of cash flows prepared under the direct method or the indirect method? 2. For each fiscal year 2019, 2018, and 2017, identify the amount of cash provided by operating activities and cash paid for dividends. 3. In 2019, did Apple have sufficient cash flows from operations to pay dividends? 4. Did Apple spend more or less cash to repurchase common stock in 2019 versus 2018?
Apple’s statement of cash flows was prepared under the indirect method. This was because the net income approach was used.
Based on the complete information, the amount of cash provided by operating activities and cash paid for dividends for the fiscal years will be:
Cash provided = 63598, 65824, and 81266.Payments of dividend = 12769, 12150, and 11561.In 2019, Apple had sufficient cash flows from operations to pay dividends. It had surplus cash after the dividend was paid.
Lastly, Apple spent more cash to repurchase common stock in 2019.
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Answer:
Explanation:
Apple’s statement of cash flows was prepared under the indirect method. This was because the net income approach was used.
Based on the complete information, the amount of cash provided by operating activities and cash paid for dividends for the fiscal years will be:
Cash provided = 63598, 65824, and 81266.
Payments of dividend = 12769, 12150, and 11561.
In 2019, Apple had sufficient cash flows from operations to pay dividends. It had surplus cash after the dividend was paid.
Lastly, Apple spent more cash to repurchase common stock in 2019.
Maximum 500 words.. Develop your unique sales strategies to sell your product or services to
a. A community that has NEVER used any of such product.
b. A community who has been using your competitors product.
please write 500 words please help
To develop a unique sales strategy to sell your products or services to a community that has never used any of the services and a community that has used your competitors' product, the focus must be on creating value for the consumer.
Now in detail, let's analyze how strategies could be carried out for each specific situation:
A community that has never used any of these products:The focus would be on product promotion. Marketers should develop advertising and promotion campaigns that would generate awareness about the product and its benefits, and create consumer desire.
A community that has used its competitors' product:The focus in this situation is on the creation of differentiation, which is a strategy for consumers to be able to perceive different benefits and features in their product that generate more value and satisfaction than the product of competitors.
Therefore, each strategy must be aligned with the satisfaction of a specific need, generating efforts to create products and services that generate advertising engagement, satisfy consumer needs, generate the desire for purchase, have quality and create value.
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If Paul’s children run a lemonade stand for a day and sell 400 glasses of lemonade at $1.00 each, their total revenues are
a. $200.
b. $800.
c. $400.
d. $1.00.
Answer:
c
Explanation:
Because 400 × $1.00 = $400
The correlation between absenteeism and turnover is ______ the correlation between tardiness and turnover.
The correlation between absenteeism and turnover is stronger than the correlation between tardiness and turnover.
Absenteeism simply refers to a pattern where an employee misses work without giving a good reason. Turnover is the number of an employer's workforce that must be replaced as a result of the separation of employees from the workplace.
It should be noted that the correlation between absenteeism and turnover is stronger than the correlation between tardiness and turnover. When employees continually don't come to the office, this will lead to the employers looking for someone to fill in for them.
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If P(A) = .62, P(B) = .47, and P(A U B) = .88; then P(AN B) =
Answer:
197............................
Pat Jones is a college student who is planning some networking
opportunities for the current semester. Pat wanted to look professional for these events and felt a new suit would be a real benefit; however, the cost for the first event ended up being $75 which was a strain on the budget. Pat did not want to attend the remaining three events in the same outfit, so a new strategy was developed. Instead of paying for new suits in cash, Pat decided to charge the suits on a credit card, wear them to the events, and then return them the next day for full credit.
*****Be sure to include the following in your original response which should be at least four paragraphs with at least five sentences each:
1. Provide a brief description of the scenario in your own words.
2. Do you feel Pat's new strategy is ethical? Why or why not? Could
there be any consequences with this strategy?
3. How will this new strategy impact the company/companies where the suits are purchased?
4. What journal entry/entries would the company have to record
related to the return of the suit?
Answer:
1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.
2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.
3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.
Explanation:
what is meant by operational management?
To be protected under the Copyright Act, a work must be a. a concept, principle, or discovery. b. none of the choices. c. an inseparable idea and expression. d. original and fixed in a durable medium.
In order to be protected under the copyright act, a work has to be original and fixed in a durable medium.
The answer to this question is option d. The copyright act can be described as the type of ownership that is protected by the law. The protection is offered based on the fact that the ideas are original.
It offers a genuine protection for the original author. The basic idea behind this is to create a balance between the interest of the public users and the rights of the person that authored the work.
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Answer:
The answer is option D.
Explanation:
I answered this question on a test.
Purchased office supplies for $1,400. Cash paid $ 400 and remaining
outstanding.
Answer: $1,000
Explanation:
What problems do you think might arise in extreme programming teams where many management decisions are devolved to the team members
Malcolm (37) is a U.S citizen
Answer: good for him
Explanation:
what is Economics in simple terms
Answer:
The New York Stock Exchange in New York City, USA. Economics is the social science which studies economic activity: how people make choices to get what they want. It has been defined as "the study of scarcity and choice" and is basically about the choices people make.
Explanation:
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In selling a house, Matt, a licensed realtor, tells Ann that the wiring, fixtures, and ap-pliances are of a certain quality. Matt knows nothing about the quality, but it is not as specified. Ann buys the house. On learning the true quality, Ann confronts Matt. He says he was not trying to fool her; he was only trying to make a sale. Can she rescind the deal
How does the Army Corps of Engineers affect agriculture?
A.
They oversee safety standards.
B.
They develop new pesticides.
C.
They develop new machinery.
D.
They oversee some waterways.
Answer:
D. They oversee some waterways.
How does Lexie’s current interview technique limit her effectiveness as an interviewer
Interviews often takes different forms. Lexie's current interview technique limits her effectiveness as an interviewer as the wide latitude of these nondirective interviews can result in low reliability and often poor validity.
Interviewing is simply the process whereby individuals do exchange information. The individuals is often interested with a job opening, a promotion, a special assignment etc.
Interviewing in some of business setting do takes place in an atmosphere that is filled with a sense of urgency as the time allocated to the interview is little.
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What are 4 types of investments that offer compound interest?
Answer:
Savings Accounts
Rental Homes
Bonds
Stocks
:)
Why Is Tiklacars South Southend Airport Transfer Service Better?
Answer:
Yes,
Tiklacars South Southend Airport Transfer Service is Better.
I HOPE ITS HELP YOU
HELP ME
Which of the following is TRUE concerning the Master Layout dialog box?
Can be opened by clicking Master Layout on the Slide Design tab
Allows you to add a placeholder for an image
Allows you to add a text placeholder
Allows you to add a background to a slide
The option that is true about the Master Layout dialog box is C. Allows you to add a text placeholder.
The Master Layout dialog box simply refers to the tip slide in the hierarchy of slides that is vital in storing information about the side layouts and theme in a presentation.
The Master Layout dialog box is also vital in storing information about background, color, effects, fonts, etc. It also allows the user to add a text placeholder.
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You are planning to write your resume and take pride in your ability to describe your strengths. What do experts recommend when writing your resume? HELP ASAP
Both answers A and B
Write a clear strong statement of your accomplishment
Write a statement of your potential, talents, and current responsibilities
If your skill have been used in the past and will continue to be used
If a person is planning to write their resume and take pride in their strengths, it's advisable to write a clear strong statement of your accomplishments and a statement of their potential, talents, and current responsibilities.
A resume simply means a brief account of the personal, professional qualifications, educational qualifications, experience etc of a person.
It should be noted that when writing a resume, it's important to have a clear strong statement of your accomplishment as well as a statement of your potential, talents, and current responsibilities.
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The ability to take initiative in the workplace is called
A. adaptability
B. communication
C. leadership
D. problem solving
The ability to take initiative in the workplace is called leadership.
Thus, the correct option is C.
What do you mean by Leadership?The capacity to influence and direct followers or other members of an organization is referred to as leadership.
Competent, skilled, secure, and caring leaders excel in their positions. These leaders are honest and authentic in their behaviors and words, and they make time for everyone. They publicly communicate to their staff that they value people.
They are crucial traits to possess because a competent leader can inspire his or her team to work together toward a common objective by bringing out the best qualities in each person.
In order to prevent delays, a skilled leader keeps the group engaged and on task. A productive and happy work atmosphere is fostered by leaders who are transparent and honest.
Transparency with team members is essential for an effective leader, making it one of their essential traits. Many people, including team members and coworkers, look up to an effective leader.
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Choose all that apply.
Select all strategies for correcting credit problems.
Find credit counseling services.
Take a cash advance from one credit card to pay the minimum payment on another credit card.
Continue to use credit responsibly and wait.
Ask your credit card company to waive fees or lower your interest rate.
Get help from a finance company.
Transfer credit card balances to a card or loan with lower interest rates.
Sell something of value.
Answer:
find credit counseling services,
Ask your credit card company to waive fees or lower your interest rate.
Get help from a finance company.
The ________ tells managers how much of the overall variance is due to paying a higher or lower price than expected for the quantity of materials it purchased.
If you fire Julio from his job after making one mistake but did not fire John for making the same mistake several times, you have committed an error related to which type of justice?
In this scenario, we have committed an error related to Procedural justice
Procedural justice refers to way of ensuring fair justice by making decisions according to fair processes to ensure fair treatment.
According to this justice rule, the same rule must be applied to similar scenario and must be impartial as well in order to ensure fair justice.
In conclusion, we have committed an error relating to procedural justice because the rule that was applied to Julio was not applied to John, therefore, there was a bias in justice.
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Is foreign employment good or bad for Nepal?
They are good for employment
It has an immediate benefit but it is not beneficial for a long term of the Nepalese labour and sweat is being used in foreign countries and there is scarcity of human power for the development of our own country
What is the 4 MAJOR
ELEMENTS OF A TORT
What is 4 major elements of a tort
What is the 4 major elements of a tort
Answer:
- The presence of a duty. We all have a duty to take steps to prevent injury from occurring to other people.
- The breach of a duty. The defendant must have failed to live up to his duty to prevent injury from occurring to you.
- An injury. You were injured.
- The injury resulted from the breach.
Explanation:
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