Final answer:
The company should report a total cash balance of $1,250,000 on its balance sheet, and after deducting the Sedona Bank Checking account overdraft of $375,000, the net cash reported would be $875,000. None of the options provided (A, B, C, or D) are correct based on the calculation of the account balances provided.
Explanation:
On a company's balance sheet at December 31, the company should report the total cash balances from all of its bank accounts in one combined amount, not including any overdrafts or liabilities. The balances in the company's California Bank accounts (Operating - Summit Ridge, Operating - Bakersville, Operating - Smithville, Savings) and its Sedona Bank Checking account should be totaled without regard to whether they are in checking or savings form. The correct way to report the cash balances is to add all the positive cash balances together:
California Bank Operating - Summit Ridge: $400,000
California Bank Operating - Bakersville: $300,000
California Bank Operating - Smithville: $50,000
California Bank Savings: $500,000
Sedona Bank Checking: ($375,000) [This is a liability and not added to the cash]
Adding these together: $400,000 + $300,000 + $50,000 + $500,000 = $1,250,000 in positive cash balances. Therefore the correct presentation on the balance sheet is:
Cash: $1,250,000
Less: Overdraft: $375,000
This results in net cash of $875,000. None of the provided responses (A, B, C, or D) are correct, as, based on the information given, the actual reporting should be cash of $875,000 (without any additional liability since the overdraft has been already deducted from the total cash).
Which of the following is the correct way to describe equilibrium in a market?
a. At equilibrium, the "fairest" price for output is achieved.
b. At equilibrium, demand equals supply.
c. At equilibrium, quantity demanded equals quantity supplied.
d. At equilibrium, market forces no longer apply.
At equilibrium in a market, quantity demanded equals quantity supplied.
Explanation:The correct way to describe equilibrium in a market is option c. At equilibrium, quantity demanded equals quantity supplied. In a market, equilibrium refers to the point at which the quantity of a good or service demanded by buyers is equal to the quantity supplied by sellers. This is also known as the market clearing price, where there is no shortage or surplus of the product.
For example, let's consider a market for apples. If the price of apples is too high, there will be excess supply and sellers will be motivated to lower the price. On the other hand, if the price is too low, there will be excess demand and buyers will be willing to pay more. At equilibrium, the quantity demanded and supplied are in balance, leading to a stable market.
Learn more about Market Equilibrium here:https://brainly.com/question/32940222
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In the early 1930’s, _____________ had less revenue from taxes and believed in a balanced budget (taxes = revenue), so ___________ spending was reduced..
Answer:
Both the blanks will be filled by government as explained below.
Explanation:
In the beginning 1930s, the government possessed less revenue from taxes and believed in a balanced budget (taxes = revenue), so government spending was reduced. For several decades, moving behind the year's 1930s, schemes have remained put foremost to demand that the U.S. government estimate its funds each year. While 1995, a suggested constitutional alteration that would expect an equitable fund declared the U.S. House of Representatives by an extensive margin and collapsed in the U.S. Senate by simply an individual vote.
Mr. Warner buys 10 cartons of cigarettes a day for $50 each and sells them at a higher price. If Mr. Warner earns $450 in profit a day, what is his total revenue?
Answer:
Total revenue = $950
Explanation:
Total revenue is the total income made from the sales of goods or services. It can be determined in any of the following ways:
Total revenue = Unit price × Units product soldTotal revenue = Total cost of cost of sold + ProfitNote that total cost = (unit cost × units purchased) + any other expenses.
So we can apply the above to our question. Specifically, the second relationship is okay.
Total revenue = (10 × $50) + $450= $950
If the Federal Reserve wants to expand reserves in the banking system, it will:________
Answer:
A) purchase government securities.
Explanation:
By purchasing government securities, the Fed is engaging in an expansionary monetary policy that will increase the money supply. The Fed purchases government securities and gives money to the banks, increasing their reserves. This will expand the banking system's lending capacity, and their capacity to create money.
An industry with oligopolistic competition faces falling profits and its sales growth is slow. Demand for individual brands has become quite elastic--as consumers see competing products as almost homogeneous. Several firms have dropped out. What is the life cycle stage?a. Market maturity
b. Sales decline
c. Market growth
d. Market introduction
e. Product renewal
Answer: (A) Market maturity
Explanation:
The market maturity is one of the stage in the product life cycle where is basically refers to the sales growth where the product sales growth get increased and then suddenly get slows down.
The market maturity stage is basically known as the longest stage in the product life cycle. In this life cycle stage the organization reaches to the highest level during the demand cycle.
Therefore, Option (A) is correct.
Both I (investment) and C (consumption) ___________ significantly (and in that order) at the start of the Great Depression..
Answer:
The correct answer is (b)
Explanation:
The great depression of 1929 started because of the stock market crash which led to the worst economic turn down in history. The industrialised world was greatly affected by the economic depression which led to a decline in both investment and consumption. Overall, both employment and GDP declined in the great depression which forced investment and consumption to fall significantly.
Josh is a security technician who’s been tasked with implementing PKI on the company’s network. When verifying the validity of the certificate, he needs to ensure bandwidth isn’t being consumed. What can be implemented?
To ensure bandwidth isn’t being consumed to ensure bandwidth isn’t being consumed has to use an application container .
Explanation:
Application container separates applications from the host operating system. Virtual environments are allowed to run application in application container. Software-defined networking (SDN), will not complete the task on the other hand.
Running applications on separate virtual LANs (VLANs) is of no use when it comes to the host operating system and notifying on updated versions can also not accomplish the task.
Application container is an all-in-one or stand-alone package for software application. They include application binaries, software dependencies and the hardware requirements that are required to run, all enclosed into an independent, self-contained unit.
Which of the following steps in a tactical decision-making model follows the step that involves the comparison of the relevant costs and benefits of each alternative?
a.Selecting the alternative with the greatest overall benefit
b.Assessing qualitative factors
c.Identifying the alternatives as possible solutions to the problem and eliminating any unfeasible alternatives
d.Recognizing and defining the problem
Answer: The correct answer is "b.Assessing qualitative factors".
Explanation: The Assessing qualitative factors follows the step that involves the comparison of the relevant costs and benefits of each alternative in a tactical decision-making model.
After an evaluation with a focus on costs, determined which decisions are profitable and which are not, the qualitative factors that emerge from each decision must be compared.
The "implicit debt" accompanying the Social Security and Medicare programs is:
a. substantially greater than the national debt.
b. approximately equal to the national debt.
c. about half the size of the national debt.
d. about one tenth the size of the national debt.
Answer: a. substantially greater than the national debt
Explanation:
Stocks and bonds:______
a. and checking accounts are all stores of value, but only stocks and bonds commonly function as mediums of exchange.
b. and checking accounts are all stores of value and commonly function as mediums of exchange.
c. and checking accounts all commonly function as mediums of exchange, but only stocks and bonds are a store of value.
d. and checking accounts are all stores of value, but only checking accounts commonly function as mediums of exchange.
Answer: d. and checking accounts are all stores of value, but only checking accounts commonly function as mediums of exchange
Explanation:
Checking accounts : Is a type of account operated with a financial institution that allows the customer to deposit and also make withdrawals. It is also knowns as transactional accounts. In running a checking account, account owners can have access to their money using debit cards, and the use of cheque.
•What makes checking account different from other types of bank account is that it allows the owner to make numerous withdrawals and there is also no limit to deposits.
Stock: Is an investment owned by an individual or groups through the purchase of shares from a company, it could also be a certificate issued to indicate ownership of shares in an organization.
•It is a a way of investing for an investor because as the stock grows the money also grows and also a means of raising money for an organization.
Bonds: Are issued by an organization in other to raise capital, they are securities with fixed income. The bond holder lends money to the bond issuer and the money is paid back at a fixed payment rate within a period.
If the exchange rate between the dollar and the Swiss franc changes from 1.8 to 1.5 francs per dollar, the franc depreciates and the dollar appreciates.
Answer:
False
Explanation:
Exchange rate helps to determine the value of money in the foreign currency. If the exchange rate changes from 1.8 to 1.5 francs per dollar it means that the franc per dollar appreciates, and the dollar depreciates. Now, more dollars can be bought by trading Swiss franc compared to the previous rate. A decrease in exchange rate decreases the value of the dollar compared to the Swiss franc.
Answer: false
Explanation:
Which of the following graphs best illustrates how the force between fragments from the fission of a uranium nucleus varies as the fragments move away from each other?
Force by separation graph (y by x)
Explanation:
As decrease force, will increase separation - exponential
When close together (little separation --> will have high repulsive force)
The radioactive particles left behind after a larger nuclear nucleus undertakes nuclear fission are nucleic fission products.
Generally, by dividing into two smaller nuclear nuclei together with a few neutrons, the heat release energy (kinetic nuclear energy), and the Gamma rays a large nucleus like the fission of uranium.
Do any economic systems in the world reflect the purest forms of command or laissez-faire economies?
Answer:
False
Explanation:
Laissez-faire economies is a principle that the "government should allow the economy or private businesses to develop without any state control or influence"
And for this reason this statement is FALSE, since in the majority of economies in the world the government plays an important factor since all the governments have regulations in order to ensure that the private companies take the majoriy of the economy of a country.
A customer opens an account at a brokerage firm to purchase securities in an offering. The customer must receive the disclosure document/prospectus:_________
A. no later than the confirmation of the sale
B. no later than the settlement of the transaction
C. within 7 days of the transaction
D. within 90 days of the transaction
Answer:
The correct option is A
Explanation:
NASAA stands for North American Securities Administrators Association,which describe or states that falling to provide or supply to customer, the purchasing securities in an offering.
It should be done at no later than the confirmation date of the transaction, either a preliminary prospectus or a final prospectus and an extra document, which altogether contained all the information stated in the final prospectus.
Therefore, the customer should receive the disclosure document on no later date than confirmation of the sale.
In a private not for profit, what would the entry to record the expiration of program restrictions include from the following?:
A. Credit Performance Expense
B. Credit Reclassification from Temporarily Restricted Net Assets
C. Debit Reclassification to Unrestricted Net Assets
D. Debit Reclassification from Temporarily Restricted Net Assets
Answer: The correct answer is : D. Debit Reclassification from Temporarily Restricted Net Assets
Explanation: Private nonprofit organizations must follow all FASB standards that apply when registering transactions. The financial statements requested for all non-profit non-governmental organizations are, financial statements, statement of activities and cash flow statements.
Assume that there is an improvement in the technology used by firms in a perfectly competitive industry that is initially in long-run equilibrium. In the short run this would cause:________
A) Cannot be determined with the information given.
B) An increase in the firm's economic profit.
C) No change in the firm's economic profit.
D) A decrease in the firm's economic profit.
Answer:
B) An increase in the firm's economic profit.
Explanation:
An increment in the firm's economic gain. Primarily an economic gain or loss exists the contrast betwixt the taxation received from the sale of an output furthermore some expenses of total inputs managed moreover unspecified contingency expenses. In determining financial gain, contingency expenses and specific expenses stay subtracted from taxation received. Because cost equates minimal taxation, an unprecedented acceleration in a specific rate indicates marginal taxation increases. Essentially a conclusion, all firm actuates up its marginal price curve moreover enhances the amount it generates. If a specific firm had continued gaining zero economic gain before significant increment in demand, subsequent these raises the firm acquires an economic profit.
The _____________ (the interest rate banks charge each other on overnight loans) is highly sensitive to money market factors and well exemplifies the interaction of supply and demand for banking funds..
Answer:
Federal funds rate
Explanation:
By law, banks are meant to have a reserve relative to a percentage of deposits but when the bank cannot meet its financial obligations, it borrows from the federal reserve.
The federal funds rate is the interest rate that a bank charges another bank or banks when it lend money to those banks from its reserves when it gives an overnight loan.
Cheers.
Because monopoly firms do not have to compete with other firms, the outcome in a market with a monopoly a. is often not in the best interest of society. b. maximizes total economic well-being. c. is efficient. d. benefits consumers more so than the producer.
Answer:
a. is often not in the best interest of society.
Explanation:
A monopoly is when there is a single firm operating in an industry. This is usually so because of high barriers to entry of other firms.
Because a monopoly has only one firm in the industry, the firm sets prices to maximise profit. The firm earns economic profit in the short and long run.
The monopoly benefits the producer more than consumers. It is often inefficient and fails to maximise total welfare .
Because of these inefficiencies, government usually steps in to regulate the activities of a monopoly.
I hope my answer helps you.
NAFTA:
a. created a free-trade zone for the United States, Japan, and western Europe.
b. created a free-trade zone for the United States, Mexico, and Canada.
c. created a free-trade zone for the United States, Great Britain, and Canada.
d. was hailed by organized labor and environmental groups.
e. raised tariffs significantly against imports from South America. QUIZ
Answer:
b. created a free-trade zone for the United States, Mexico, and Canada.
Explanation:
The NAFTA is known as the North American Free Trade Agreement.
The NAFTA created a free trade area or zone for the United States, Mexico, and Canada.
A free trade area is when there's a free flow of goods and services among participating countries and barriers to trade are removed.
The NAFTA agreement was established on January 1, 1994.
I hope my answer helps you.
"The correct option is b. NAFTA created a free-trade zone for the United States, Mexico, and Canada.
The North American Free Trade Agreement (NAFTA) was implemented on January 1, 1994, to create a trilateral trade bloc in North America. The member states include the United States, Canada, and Mexico. The agreement aimed to eliminate most tariff and non-tariff barriers on trade and investment between the three countries.
Let's analyze each option:
a. NAFTA created a free-trade zone for the United States, Japan, and western Europe: This statement is incorrect because Japan and the countries of western Europe are not part of NAFTA.
b. NAFTA created a free-trade zone for the United States, Mexico, and Canada: This statement is correct as these are the three countries that are part of NAFTA.
c. NAFTA created a free-trade zone for the United States, Great Britain, and Canada: This statement is incorrect because Great Britain is not part of NAFTA.
d. NAFTA was hailed by organized labor and environmental groups: This statement is generally incorrect. While some groups within these sectors may have supported NAFTA, many organized labor and environmental groups were critical of the agreement, fearing job losses and environmental degradation.
e. NAFTA raised tariffs significantly against imports from South America: This statement is incorrect. NAFTA aimed to reduce trade barriers, not raise them.
For each hour of production, a certain factory requires 1 assembly line worker for every 25 units to be produced in that hour.
Answer:
B) 12 + 2N
Explanation:
The company requires 1 assembly line worker for every 25 units it produces per hour, so it will require 2 assembly line workers for every 50 units. The number of managers is fixed = 12.
therefore the total number of workers = 12 (fixed managers) + 2N (assembly line workers for each for every 50 units) = 12 + 2N
The Superintendent can examine an authorized fraternal benefit society and property/casualty insurance company once every:_________
A) 12 months.
B) 18 months.
C) 3 years.
D) 5 years.
Answer:
correct option is C) 3 years
Explanation:
solution
superintendent authorizing a person to act as an insurance producer
all records must be kept available for inspection or examination by the superintendent for a period of at least 3 years after completion of the respective transaction
and for the purpose of investigation or examination by the superintendent
so superintendent examine once every 3 years
correct option is C) 3 years
The Superintendent can examine an authorized fraternal benefit society and property/casualty insurance company once every 12 months.
Explanation:The Superintendent can examine an authorized fraternal benefit society and property/casualty insurance company once every:
12 months.18 months.3 years.5 years.The correct answer is 12 months. The Superintendent, or the regulatory authority, has the authority to conduct regular examinations of insurance companies to ensure compliance with regulations and to protect the interests of policyholders. This frequent examination schedule allows for ongoing oversight and monitoring of the company's financial stability and operations.
Amy, the manager of a branch location of a large travel firm, treated company resources as if they were her own and encouraged continued development and training of her employees. She cared about the staff deeply and even organized international volunteering activities to promote their growth. Amy could best be described as which type of leader:A) situationalB) sharedC) laissez-faireD) servantE) transactional
Answer:
Correct answer is (D) Servant Leader
Explanation:
Servant Leader or leadership style is a form of leadership philosophy in which the main objective of the leader is providing increase services to others.
Amy believed by developing the employees, they will be motivated to do more for travel firm to expand.
An interest group that appears to have many grassroots members but in fact does not have individual citizens as members is called what?
It is called " AstroTurf "
Explanation:
An advocacy entity political concept that seems that there are many individuals in the grassroots, but does indeed not have individual citizens as members; instead, an entity such as a company or a business association promotes this term.
The method is to mask a text or firm's sponsors (e.g., politics, publicity, religious relations, or public affairs) to appear as if they come from the grassroots and are supported by them.
The AstroTurf company was purchased by SRI. The American Sports Products, Inc. purchased SRI in 1996. Whereas AstroTurf was the market leader in the late 20th generation, in the early 2000s other firms were formed.
A few months before, a major B2B supplier raised prices of its products 10 percent to cover changes in market conditions. He was surprised to find how the orders from his normal customers plummeted. His normal order was $1,100. After the price increase, the average order dropped by 25 percent. He became concerned that customers might look elsewhere. For this reason, he decided to start offering discounts. When one of his loyal customers, David, purchases $950 worth of product for his firm, the supplier gives David the terms "4/20 net 30." He wants to maintain his relationship with David and would ideally like to receive payment in less than a month. Refer to Scenario 19.3. Consider how the average order amount changed when prices were raised $75. The elasticity of demand is _______. With this in mind, the product can best be described as _______.
Answer:
Elastic demand
Explanation:
Elastic demand states when there is a change in the price of a product the quantity demanded changes. An increase in price may lead to a decrease in demand whereas, a decrease in price may lead to an increase in quantity demanded.
In this case we see when the B2B supplier increase its price, the orders dropped by 25%. Which proves that it is an elastic demand.
If an increase in price leads to no changes or increase in quantity demanded then it is called inelastic demand. Example: disease curing drugs.
Which term is used to describe what those in one country buy from those in other countries?a. exportsb. importsc. tradesurplus
Answer:
Which term is used to describe what those in one country buy from those in other countries?
Import
Explanation:
Imports are good and services bought from other countries.
Trading started as far back as when money has not been invented which makes them to use what is termed as trade by batter.
Goods are either imported or exported depending on its destination, goods and services bought from another country into ones country is termed as import goods while goods sold out into another country is termed as an export goods
Answer:
imports
Explanation:
Construct a simple income statement that calculates net income given the following information: Cost of goods sold: 200 Income taxes: 100 General and administrative expenses: 50 Depreciation expense: 150 Revenue: 1,000
Answer:
Explanation:
The construction of the simple income statement is presented below:
Sales revenue $1,000
Less: Cost of goods sold -$200
Gross profit $800
Less: Operating expenses
General and administrative expenses -$50
Depreciation expense -$150
Profit before tax $600
Less: income tax -$100
Net income $500
A company regularly launches products with features that are different from what are offered in the market. It has now launched a new electronic device which can be fitted to vehicles. It can be programmed to automatically dial the police emergency number, provide them with the required location details, and guide them to the location in the case of an emergency. This is an example of a(n) _____ strategy
Answer: Differentiation strategy
Explanation: This refers to a strategy that a company uses to create a unique good or service that will separate consumers from the products or services provided by rivals better than or in another way.
Strategy for differentiation is a way of distinguishing a company from the opposition.This strategy is implemented by making innovations through research and development and helps an organisation to prepare a strong customer base fro the future.
Thus, from the above we can conclude that the given case depicts differentiation strategy.
Role overload is Select one:
A. inability to reconcile the demands of one's work and home life.
B. facing contradictory demands at work.
C. having insufficient time and resources to complete a job.
D. vagueness in relation to what job responsibilities are.
Answer: Having insufficient time and resources to complete a job.
Explanation:
Role overload simply put is a work situation where an individual working in an organization has too much work to do than the individual can handle.
Role overload can lead to not meeting up with time target set by the organization for an individual.
Organizing Select one:
a. involves shaping the organization over time and is never truly finished.
b. involves grouping activities and resources.
c. All of these choices
d. is the second basic managerial function; it follows planning and decision making.
e. can help the organization be flexible.
Answer: Option C
Explanation: Organizing is the administrative role that typically follows after planning, from the point of view of businesses. Organizing includes assigning tasks and assigning authority to accomplish goals and objectives with sufficient accountability and allocating resources throughout the organization.
Organizing includes creating deliberate task structures by defining and listing the tasks necessary to achieve a company's objectives. In simple words, Organizing is creating successful relationships of power between specified employers, people, and workplaces so that the community can work effectively together. Or the separation of work into branches and divisions.
Thus, from the above we can conclude that the correct option is C .
You've been hired as a consultant to help an online store owner. You need to complete the implementation of conversion tracking tags into their website. What are two ways that Google Tag Assistant can help you with this task? (Choose two.)
The two ways that Google Tag Assistant can help you with this task is,
It tells you which tags are on each web page.It provides reasons why tags aren’t working.Explanation:
Google Tag Assistant is a customisation Chrome extension that helps you ensure Google tags like Google Analytics, Google Tag Leader, Adwords Monitoring and more function well. You can adjust the tags with Tag Assistant and verify immediately that it is being fired as planned.
Conversion tracking can encourage you to see that your ad clicks are effective in bringing valuable customer behaviour to your site, including purchases, registration, and submission of form documents.