Workers in Transportation and Logistics careers who believe in the benefits of a union are most likely to work for
local, state, or federal governments.
nonprofit organizations that use unions.
companies that use self-employed contractors.
private companies and businesses.
HELP PLEASE

Answers

Answer 1

Answer:

A.) local, state, or federal governments.

Explanation:

Answer 2

Workers in Transportation and Logistics careers who believe in the benefits of a union are most likely to work for local, state, or federal governments. Thus, option A is correct.

What is Transportation?

Transportation, the development of merchandise and people from one spot to another, and the different means by which such development is achieved.

Laborers in Transportation and Logistics vocations who have confidence in the advantages of an association are probably going to work for it. not-for-profit associations that utilize associations.

Laborers in operations vocations who put stock in the advantages of an association are probably going to work for neighborhood, state, or central legislatures.

Union have better work well-being securities and preferred paid leave over non-association laborers, and are safer practicing their freedoms in the workplace.

Therefore, option A is correct.

Learn more about Transportation, here:

https://brainly.com/question/29851765

#SPJ6


Related Questions

On January 1, 2011, The Miller Corporation purchased 300,000 shares of The Mayfair Corporation for $5.7 million. The investment represented 40% of The Mayfair Corporation's outstanding common shares. During 2011, Mayfair reported net earnings of $2.25 million and paid a cash dividend of $0.15 per share. During 2012, Mayfair reported a net loss of $180,000 and again paid a dividend of $0.15 per share. Calculate the book value of Miller's investment in Mayfair as of December 31, 2011, and December 31, 2012

Answers

Answer:

2011 Value of investment in Mayfair

= Beginning investment value + Portion of Mayfair net income - Portion of Mayfair dividends

= 5,700,000 + (40% * 2,250,000) - (300,000 shares * 0.15)

= $‭6,555,000‬

2012 Value of investment

= Beginning investment value + Portion of Mayfair net income - Portion of Mayfair dividends

= 6,555,000 + (40% * -180,000) - (300,000 * 0.15)

= $‭6,438,000‬

Suppose you know a company's stock currently sells for $90 per share and the required return on the stock is 15 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share

Answers

Answer:

$ 3.87

Explanation:

It is given that :

Cost of the company's stock per share = $ 90

The required return on the stock is = 15 %

Therefore, the dividend yield = [tex]$\frac{9}{2}=4.5$[/tex]

We known that

[tex]$\frac{\text{dividend in one year}}{\text{current price}}=0.045$[/tex]

[tex]$D_1=0.045 \times 90$[/tex]

     = 4.05

The current dividend is,

[tex]$D_0= \frac{4.05}{1.045}$[/tex]

    = $ 3.87

Suppose Dr. Chu decided to open a donuts shop call Dr. Donuts. Dr. Chu is able to source flours at $2 per pound (making 40 donuts), sugars at $5 per pound (making 100 donuts), and butter at $1 per pound (making 100 donuts) While the donuts are not very tasty, Dr. Chu believes he can sell a lot of them by pricing them at $0.36 per donuts. Assuming his rent is $1800 per month, corporate tax of $100 per month, and draws a salary of $200 a day (use 30 days in a month), how many donuts must Dr. Chu sell in a month to break-even.

Answers

Answer:

31,600 donuts

Explanation:

Break even point is the level of activity where a company makes neither a profit nor a loss.

Break even point (units) = Fixed Costs ÷ Contribution per unit

where,

Contribution per unit = Sales per unit - Variable Costs per unit

Step 1 : Sales per donut

Sales per donut  = $0.36

Step 2 : Variable Cost per Donut

Variable Cost per Donut :

Flours ($2 ÷ 40)        $0.05

Sugars ($5 ÷ 100)     $0.05

Butter ($1 ÷ 100)        $0.01

Total                           $0.11

Step 3 : Fixed cost per month

Rent                               $1,800

corporate tax                   $100

Salary ($200 x 30)       $6,000

Total                              $7,900

therefore,

Break even point = $7,900 ÷ ($0.36 - $0.11)

                             = 31,600 donuts

Conclusion :

Dr. Chu sell 31,600 donuts in a month to break-even.

Dog Bone Bakery, which bakes dog treats, makes a special biscuit for dogs. Each biscuit uses 0.75 cup of pure semolina flour. They buy 4,000 cups of flour at $0.55 per cup. They use 3,588 cups of flour to make 4,800 biscuits. The standard cost per cup of flour is $0.54. A. What are the direct materials price variance, the direct materials quantity variances, and the total direct materials cost variance

Answers

Answer:

Results are below.

Explanation:

To calculate the direct material rate and quantity variance, we need to use the following formulas:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (0.55 - 0.54)*4,000

Direct material price variance= $40 favorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (0.75*4,800 - 3,588)*0.55

Direct material quantity variance= $6.6 favorable

Finally, the total variance:

Total direct material variance= 40 + 6.6= $46.6 favorable

Isaiah is a Financial Quantitative Analyst for a major stock investment company. What does Isaiah do on a daily basis as a part of his job?

He researches, analyzes, and summarizes information about fraud.

He assesses financial situations using mathematical models.

He analyzes tax information using mathematical formulas.

He manages the paperwork for buying and selling securities.

Answers

Answer:

He researches, analyzes, and summarizes information about fraud.

Answer:

A

Explanation:

He researches, analyzes, and summarizes information about fraud.

Emilia bought some Japanese sushi at the grocery store for $14. When she got it home and served it to her family, it tasted rancid. She brought the sushi back the next day and was given a full refund with no questions asked. Evidence indicates that successful handling of product and service failures as in Emilia's situation leads to _______.

Answers

Answer:

higher levels of customer loyalty.

Explanation:

CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction. Therefore, this employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.

CRM means collecting information about the customer for the purpose of improving their future experience.

In this scenario, Emilia bought some Japanese sushi at the grocery store for $14. When she got it home and served it to her family, it tasted rancid. She brought the sushi back the next day and was given a full refund with no questions asked.

This evidence indicates that successful handling of product and service failures as in Emilia's situation leads to higher levels of customer loyalty and as such they would stick to patronizing the business firm or service provider.

This ultimately implies that, in order to gain loyalty from your customers, it is very important and necessary that you treat them right, listen to their complaints, and resolve any business related issue because customers are always right.

Pension data for the Ben Franklin Company include the following for the current calendar year: Discount rate, 10% Expected return on plan assets, 12% Actual return on plan assets, 11% Service cost, $270,000 January 1: PBO $ 1,470,000 ABO 1,070,000 Plan assets 1,570,000 Amortization of prior service cost 27,000 Amortization of net gain 4,700 December 31: Cash contributions to pension fund $ 227,000 Benefit payments to retirees 247,000 Required: 1. Determine pension expense for the year. 2. Prepare the journal entries to record pension expense and funding for the year.

Answers

Answer:

A. $250,900

B. Dr Pension expense $250,900

Dr Net gain–pensions $4,700

Cr Pension asset $228,600

Cr Prior service cost $27,000

Dr Pension asset $ 227,000

Cr Cash $ 227,000

Explanation:

A. Calculation to determine the pension expense for the year

Service cost $270,000

Add Interest cost (10% x $1,470,000) $147,000

Less Expected return ($188,400 )

(12%*1,570,000)

Add Amortization of prior service cost $27,000

)

Less Amortization of net gain($4,700)

Pension expense $250,900

Therefore pension expense for the year will be $250,900

B. Preparation of the journal entries to record pension expense and funding for the year)

Dr Pension expense $250,900

Dr Net gain–pensions $4,700

Cr Pension asset ($270,000 + 147,000 – $188,400) $228,600

Cr Prior service cost $27,000

Dr Pension asset $ 227,000

Cr Cash $ 227,000

A plant asset was purchased on January 1 for $140000 with an estimated salvage value of $20000 at the end of its useful life. The current year's Depreciation Expense is $10000 calculated on the straight-line basis and the balance of the Accumulated Depreciation account at the end of the year is $40000. The remaining useful life of the plant asset is

Answers

Answer:

useful life= 12 years

Explanation:

Giving the following information:

Purchase price= $140,000

Salvage value= $20,000

Annual depreciation= $10,000

To calculate the useful life, we need to use the straight-line method formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

10,000= (140,00 - 20,000) / useful life

10,000useful life = 120,000

useful life= 120,000 / 10,000

useful life= 12 years

The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 5,000 per day. FSF supplies hot dogs to local restaurants at a steady rate of 250 per day. The cost to prepare the equipment for producing hot dogs is $66. Annual holding costs are 45 cents per hot dog. The factory operates 300 days a year. Find

Answers

Answer: See explanation

Explanation:

The remainder of the question:

a). The optimal run size

b) The number of runs per year

c) The length (in days) of a run.

From the question,

p = 5000

u = 250 hotdogs per day

D = 250 × 300 = 75000 hotdogs/year

S = $66

H = 45 cents = $0.45

a. The optimal run size

= (✓2DS/✓H)(✓p/✓-✓u)

= (✓2×75000×66/✓0.45)(✓5000/✓4750)

= 4812

b) The number of runs per year

This will be:

= D/Q

= 75000/4812

= 15.59

= 16 runs per year

c) The length (in days) of a run.

This'll be:

= 4812/5000

= 0.96

= 1 day

1.What is Barbara's net monthly income?
2.How much are Barbara’s regular monthly expenses?
3.How much does Barbara have left over after she pays her regular monthly expenses?
4.What are Barbara’s short term goals?
5.What is her long term (longer than 1 year) goal?
6.If the party Barbara is giving will cost $135, how much money will she have left over this month?
7.How much would Barbara have left over this month is she paid her regular expenses, saved for Christmas, and had a party for Sara?
8.How much do you think Barbara would need to put into savings every month to reach her long term goal?

Answers

Answer:

1. 389.60

2. 160 a month

3. 229.60

4. Party clothes, Saving for Christmas, and MP3 Repair

5. College

6. 94.60

Task 1: Answer the following questions in your notebook
1. What do you know about drug use?
2. What are the signs and symptoms of drug abuse?
he first activity.

Answers

Answer:

1. drug use can be harmful and also damages they way you think or do things for example if you have to much you feel like your going to pass out and do wierd actions.

2. some signs are you feel really tired and your eyes may want to close or you have to much and you feel like your fainting and if your around people you tend to act really badly and say where things

1. Drug use is the use of drugs for psychotropic rather than medical purposes.

2. Some symptoms include changes in appearance, dilated/constricted pupils, changes in hygiene, etc.

Type the correct answer in the box. Spell all words correctly.
Being debt-free within the next 15 years is an example of which goal?
Being debt-free within 15 years is an example of a
goal.
Reset
Next

Answers

Answer:

Being debt-free within 15 years is an example of a long-term goal.

Explanation:

One main characteristic of a long-term goal is that it involves a planning horizon that is more than 5 years during which some thoughts are paid to the goal, and the means of achieving it are marshalled out,  and rigorously pursued.  Long-terms goals are best broken into manageable, short-term,  and medium-term goals to enable the decision-maker to accomplish her goal.  The future is always uncertain, to achieve a long-term goal you must remain motivated.

Suppose Fiat recently entered into an Agreement and Plan of Merger with Case for $4.3 billion. Prior to the merger, the market for four-wheel-drive tractors consisted of five firms. The market was highly concentrated, with a Herfindahl-Hirschman index of 3,195. Case’s share of that market was 16 percent, while Fiat comprised just 8 percent of the market. If approved, by how much would the postmerger Herfindahl-Hirschman index increase?

Answers

Answer:

the increase resulting from this merger = 256

Explanation:

before the merger, both Fiat and Case's contribution to Herfindahl-Hirschman index = 16² + 8² = 320

after the merger,  Fiat and Case's contribution to Herfindahl-Hirschman index = 24² = 576

the increase resulting from this merger = 576 - 320 = 256

Fairfield Company allocates common Building Department costs to producing departments (P1 and P2) based on space occupied, and it allocates common Personnel Department costs based on the number of employees. Space occupancy and employee data are as follows: Building Personnel Dept. P1 Dept. P2 Space occupied 2,000 ft. 10,000 ft. 120,000 ft. 70,000 ft. Employees 6 10 80 50 If Fairfield Company uses the direct allocation method, the ratio representing the portion of building costs allocated to Department P1 is a.120,000/202,000. b.190,000/202,000. c.2,000/120,000. d.120,000/190,000.

Answers

Answer:

d.120,000/190,000

Explanation:

It is given that Fairfield Company is constructing building department (P1 and P2) in the space provided and it allocates the common Personnel Department cost that is based on number of employees.

From the table given in the question, we can find

The ratio representing the portion of the building cost allocated to the department P1 = [tex]$\frac{120,000}{(120,000+70,000)}$[/tex]

The ratio representing the portion of the building cost allocated to the department P1 = [tex]$\frac{120,000}{190,000}$[/tex]

According to Adam Smith, specialization results in higher levels of output for all of the following reasons except: Select the correct answer below: Specialization in a particular small job allows workers to focus on the parts of the production process where they have an advantage. Specialization allows businesses to take advantage of economies of scale. Specialization allows workers to experiment with different tasks to see which responsibilities make them happiest at work. Workers who specialize in certain tasks often learn to produce more quickly and with higher quality.

Answers

Answer:

Specialization allows workers to experiment with different tasks to see which responsibilities make them happiest at work

Explanation:

Specialization is when labour concentrates on only a particular job function. For example, let say you work in an office and the only task you are assigned to do is to type because you are good at it. This is an example of specialisation.

Advantages

It increases economies of scaleit increases the efficiency of labour. less time is wasted in changing job functions It increases the skill of labour . by performing the same task repeatedly labor skills improves

Disadvantages

it increases drudgery and boredom

Arendelle Enterprises has inventory of $667,000 in its stores as of December 31. It also has two shipments in-transit that left the suppliers' warehouses by December 28. Both shipments are expected to arrive on January 5. The first shipment of $128,000 was sold f.o.b. destination and the second shipment of $80,000 was sold f.o.b. shipping point. What amount of inventory should Arendelle report on its balance sheet as of December 31

Answers

Answer:

$747,000

Explanation:

Calculation to determine What amount of inventory should Arendelle report on its balance sheet as of December 31

December 31 Inventory $667,000

Add Second shipment f.o.b. shipping point of $80,000

December 31 Inventory $747,000

($667,000+$80,000)

Therefore What amount of inventory should Arendelle report on its balance sheet as of December 31 is $747,000

Partnership business examples

Answers

Answer:

GoPro & Red Bull.

Pottery Barn & Sherwin-Williams.

Casper & West Elm.

Kanye and Adidas.

BMW & Louis Vuitton.

Starbucks & Spotify.

Apple & MasterCard.

brendamunsamy00

Where u at​

Answers

Answer:

Bombay

the company has a charged net income for a year and an earthquake

Your losses from a stolen ATM card are unlimited if you fail to report unauthorized use within 30 days after your statement is mailed to you.

a. True
b. False

Answers

I think false because no matter what bank need issue new card

Cincinnati t-shirts prints custom t-shirts. The cost to produce one shirt is: direct materials, $10; direct labor, $1.20; and manufacturing overhead $4.50. Cincinnati Children’s Hospital asked Cincinnati t-shirt to sell them custom t-shirts for $12 each for a local charity event. Direct material and direct labor are required for each t-shirt. Of the manufacturing overhead, $1.50 is variable and would be incurred on each additional unit. The remaining $3 in overhead is allocated fixed overhead that would not be increased or decreased by this order. What would be the effect on net income if they accept this special order and sell 200 shirts to Cincinnati Children’s Hospital for $12 each?

Answers

Answer:

Effect on income= $140 decrease

Explanation:

Giving the following formula:

Production costs:

Direct material= 10

Direct labor= 1.2

Variable overhead= $1.5

Selling price= $12

Number of units= 200

Because it is a special offer and there is unused capacity, we will not take into account the fixed costs.

Effect on income= Units sold*unitary contribution margin

Effect on income= 200*(12 - 10 - 1.2 - 1.5)

Effect on income= $140 decrease

A company decides to let go of some employees due to a financial crisis. Irena loses her job, while her colleagues with similar performance ratings and productivity retain their jobs. Irena's judgment of her loss when compared to her colleagues' is a perception of

Answers

Answer:

The correct answer is "Procedural unfairness".

Explanation:

A basis for a respondent to challenge constitutional amendments for setting aside legal procedures throughout family legal proceedings will be found procedurally unfair.Throughout the event that a participant challenges a court decision, as well as a basis for the appeal, involves procedural injustice throughout a community court appearance, the privy council should first address the procedural fairness issue.

g The comparative balance sheets for Pharoah Company show these changes in noncash current accounts: Accounts Receivable increased $29,800, Prepaid Expenses decreased $10,800, and Inventory decreased $18,900. Accounts payable increased $13,400. Calculate net cash provided by operating activities using the indirect method assuming that profit is $252,000 for the year ended June 30, 2021. Depreciation expense for the year was $26,900 and the company incurred a gain on sale of equipment of $21,000.

Answers

I really need these points thx a lot

​Bankruptcy, Chapter 7. Gigantic Furniture is having its annual​ "Going Out of Business​ Sale." If Gigantic Furniture is filing under Chapter​ 7, will it be back next year for another going out of business​ sale? ​(Select the best​ response.) A. ​No, Chapter 7 bankruptcy is for the selling off of all the assets of the firm and ceasing all business operations. B. ​No, Chapter 7 bankruptcy is for restructuring the​ firm's debt and it does not allow to have more than one​ "Going Out of Business​ Sale." C. ​Yes, Chapter 7 bankruptcy is for restructuring the​ firm's debt and buying new inventory. D. ​Yes, Chapter 7 bankruptcy is for the selling off of all the assets of the firm and ceasing all business operations.

Answers

Answer:

A. ​No, Chapter 7 bankruptcy is for the selling off of all the assets of the firm and ceasing all business operations.

Explanation:

In the chapter of Bankruptcy, chapter 7, the firm Gigantic Furniture is going to have its annual " Going Out of Business Sale". Now if the Gigantic Furniture is filing under the Chapter 7, it will not be back for the next year for an another going out of the business sale because Gigantic Furniture is selling off all of its assets and ceasing all its business operations.

On January 1, 2021, the Brunswick Hat Company adopted the dollar-value LIFO retail method. The following data are available for 2021: Cost Retail Beginning inventory $ 81,000 $ 150,000 Net purchases 121,500 278,000 Net markups 8,000 Net markdowns 16,000 Net sales 228,000 Retail price index, 12/31/2021 1.20 Required: Calculate the estimated ending inventory and cost of goods sold for 2021 using the information provided.

Answers

Answer:

Brunswick Hat Company

The estimated ending inventory = $85,400

The estimated cost of goods sold for 2021 = $117,100

Explanation:

a) Data and Calculations:

                                       Cost         Retail

Beginning inventory $ 81,000   $ 150,000

Net purchases            121,500     278,000

Net markups                                     8,000

Net markdowns                             (16,000)

Goods available       202,500     420,000

Net sales                                      228,000

Ending inventory at retail price   192,000

Ending inventory

at cost                       85,400

Cost of goods sold    117,100

Retail price index, 12/31/2021            1.20

Base year cost to retail price % = $81,000/$150,000 = 54%

2021 cost to retail price % = $121,500/$278,000 = 44%

Ending inventory at cost (= $160,000 ($192,000/1.20))    

$150,000 * 54% =  $81,000

  $10,000 * 44% =      4,400

$160,000            = $85,400

Unintentionally, David built in his backyard a garage that encroached two feet across the property line onto property owned by his neighbor, Harold. When the mistake was recognized immediately thereafter, David and Harold agreed in writing that David did not need to move the garage. The statutory period for the running of adverse possession in the state where the property is located is 15 years. Five years after the garage was completed, David sold his property to Nancy. Twenty years after Nancy purchased the property from David, Nancy claimed she had acquired the two feet of property through application of the doctrine of adverse possession. In a legal dispute between Nancy and Harold over ownership to the two feet Nancy now claims, which statement is most accurate:

Answers

Answer:

Nancy will prevail as she has used the property, openly as hers for over 15 years.

Explanation:

Since in the question it is given that nancy would prevail as she is able to used the property and for her it is open for above 15 years

Also the conditions related to the  adverse possession would be fulfilled

So as per given situation, the above represent the answer

the same would be relevant

Going by the principle of adverse possession, the fact that Nancy has used the land beyond the statutory period of 15 years means that "Nancy will prevail as she has used the property, openly as hers for over 15 years."

The principle of adverse possession affirms that the possession of somebody else's land for an extended period of time might give the occupant the legal right of claiming ownership of the land.

Nancy has up he land for 20 years since she purchased it from David, which is beyond the statutory period.

Hence, Nancy would prevail since going by the principle of adverse possession.

Learn more : https://brainly.com/question/22711915

During 2018, Jacobsen wrote off $18,000 in receivables and recovered $6,000 that had been written off in prior years. Jacobsen's December 31, 2017, allowance for doutbful accounts was $40,000. What is the appropriate year-end adjusting entry Jacobson must use to record bad debts expense and update the allowance for doubtful accounts on December 31, 2018

Answers

Answer: Debit: Bad debt expense $21400

Credit: Allowance for doubtful debt $21400

Explanation:

Based on the information given, the bad debt expense will be:

= 49400- (40000-18000+6000)]

= 49400 - 28000

= 21,400

The bad debt expenses of $21400 will be debited

The Allowance for doubtful Accounts of $21400 will be credited.

(To record bad debts expense)

On April 17, 2021, the Loadstone Mining Company purchased the rights to a coal mine. The purchase price plus additional costs necessary to prepare the mine for extraction of the coal totaled $6,000,000. The company expects to extract 1,000,000 tons of coal during a four-year period. During 2021, 250,000 tons were extracted and sold immediately. Required: 1. Calculate depletion for 2021. 2. Is depletion considered part of the product cost and included in the cost of inventory?

Answers

Answer:

The Loadstone Mining Company

1. The depletion for 2021 is:

= $1,500,000.

2. Depletion is considered part of the product cost and included in the cost of inventory.

Explanation:

a) Cost of rights to a coal mine = $6,000,000

Expected tons of coal to be extracted = 1,000,000 tons

Duration of the coal mine = 4 years

Depletion rate per ton = $6 ($6,000,000/1,000,000)

2021 depletion = $6 * 250,000 = $1,500,000

b) Depletion is like depreciation.  While depreciation spreads the cost of a tangible asset over its estimated useful life, depletion measures the cost of extracting natural resources based on the number of units extracted vis-a-vis the total quantity available.  Amortization is another related term but relates to intangible assets.  It is the deduction of the value of an intangible asset over its useful life.

Assuming you are 22 and out of college, how many years do you anticipate working before you retire

Answers

Probably 28-38 years

Jonathan was granted enough nonqualified stock options (NQSOs) to purchase 10,000 shares of Capital, Inc. stock at $10 per share two years ago. He exercised the options this year when Capital, Inc. stock was $25 per share. Three years later, Jonathan sells the 10,000 shares for $100 per share. Which of the following statements regarding the tax ramifications of Jonathan's transactions are CORRECT?
Capital gains tax is due the year the options are granted to Jonathan.
Jonathan's cost to exercise all of the NQSOs is $50,000.
Jonathan will have a $750,000 capital gain when he sells the stock at $100 per share.
Jonathan will have an additional $150,000 included in his W-2 compensation income, which is a type of ordinary income, subject to payroll taxes this year.
A) I, II, and III
B) III and IV
C) I and II
D) I, II, III, and IV

Answers

Answer: B. III and IV

Explanation:

Based on the information given, we should note that the capital gain will be:

= $1,000,000 - $250,000

= $750,000

Also, the bargain amount will be calculated as:

= 10000 × ($25 - $10)

= 10000 × $15

= $150,000

We should also note that the statement in option 1 that "Capital gains tax is due the year the options are granted to Jonathan" is wrong. Capital gain will only arise when the shares have been sold, therefore option I is incorrect.

Based on the information above, the answer is option III and IV.

On December 31, 2020, Vaughn Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Vaughn Co. agreed to accept a $261,600 zero-interest-bearing note due December 31, 2022, as payment in full. Hayduke is somewhat of a credit risk and typically borrows funds at a rate of 10%. Vaughn is much more creditworthy and has various lines of credit at 6%.
Prepare the journal entry to record the transaction of December 31, 2015, for the Ed Abbey Co. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answers to O decimal places, e.g. 5,275. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically Indented when the amount is entered. Do not indent manually.)

Answers

Answer:

1. 31 Dec

Dr Notes receivable $261,600

Dr Discount on notes receivable $45,401

Cr Sales revenue $216,199

B. 31-Dec

Dr Discount on notes receivable $21,619.9

Cr Interest revenue $21,619.9

C. Dec-31

Dr Discount on notes receivable $23,781.1

interest revenue $23,781.1

Dr Cash $261,600

Cr Notes receivable $261,600

Explanation:

A. Preparation of the journal entry to record the transaction of December 31, 2015, for the Ed Abbey Co

December 31, 2015

Dr Notes receivable $261,600

Dr Discount on notes receivable $45,401

($261,600-$216,199)

Cr Sales revenue $216,199

Computation of present value of note

PV of $261,600 due in 2 years at 10%

$261,600*.82645 = $216,199

B. Preparation of the journal entry for December 31, 2016

31-Dec

Dr Discount on notes receivable $21,619.9

[10%*$216,199]

Cr Interest revenue $21,619.9

C. Preparation of the journal entry for December 31, 2017

Dec-31

Dr Discount on notes receivable $23,781.1

interest revenue $23,781.1

($45,401-$21,619.9 )

Dr Cash $261,600

Cr Notes receivable $261,600

Other Questions
first aid basics - assessment In this hands-on project, you view and change file and directory ownership using the chown and chgrp commands. 1. Switch to a command-line terminal (tty3) by pressing Ctrl+Alt+F3 and log in to the terminal using the user name of root and the password of secret. 2. At the command prompt, type touch ownersample and press Enter. Next, type mkdir ownerdir at the command prompt and press Enter. Next, type ls l at the command prompt and press Enter to verify that the file ownersample and directory ownerdir were created and that root is the owner and who is the group owner of each. 3. At the command prompt, type chgrp sys owner* and press Enter to change the group ownership to the sys group for both ownersample and ownerdir. Why were you successful? 4. At the command prompt, type chown user1 owner* and press Enter to change the ownership to the root user for both ownersample and ownerdir. Why were you successful? 5. At the command prompt, type chown root.root owner* and press Enter to change the ownership and group ownership back to the root user for both ownersample and ownerdir. Although you are not the current owner of these files, why did you not receive an error message? 6. At the command prompt, type mv ownersample ownerdir and press Enter. Next, type ls lR at the command prompt and press Enter to note that the ownersample file now exists within the ownerdir directory and that both are owned by root. 7. At the command prompt, type chown R user1 ownerdir and press Enter. Next, type ls lR at the command prompt and press Enter. Who owns the ownerdir directory and ownersample file? Why? 8. At the command prompt, type rm -Rf ownerdir and press Enter. Why were you able to delete this directory without being the owner of it? 9. Type exit and press Enter to log out of your shell. Pick ALL the correct answer choices.A) The Constitution establishes a federal system ofgovernment.B) The division of state and federal powers is explained inthe Tenth Amendment.C) Federalism means that the national governmentpossesses any powers not specifically given to the states.C) Federalism means that national and state governmentsshare government power. Please help. No files allowed or you will be reported determine the molar mass of water. WRITE THE UNITS Find a1 for the arithmetic sequence's 21st term is 400 is 400 and it's common difference is 5 human speech consists of a series of sounds called ____, roughly corresponding to the sounds of each letter of the alphabet the form of energy that your lunch represents is? A) electricalB) chemicalC) thermalD) nuclear read through the list of points about Lyme disease. Determine main points, subpoints, and sub-subpoints. Drag each point to its appropriate place on the outline to the right. If using a tablet, please turn your device horizontally. I. A. B. II. There are two major stages of Lyme disease: the initial stage and the long-term stage. Most patients recover fully if treated with antibiotics during the initial stage. Unfortunately, there is not yet a cure for the long-term stage of Lyme disease. Lyme disease is a bacterial infection caused by the bites of infected ticks. The major signs of Lyme disease during its initial stage are a large, circular red rash followed by flu-like ailments. The ticks are found on animals such as deer, mice, and birds. The initial stage of Lyme disease can last from several weeks to several months. A. 1. 2. B. The long-term stage of Lyme disease can last for years. 1. When these animals come into contact with humans, the ticks can feed on our blood and pass the bacteria on to us. 2. Symptoms during the long-term stage include neurological problems, facial paralysis, chronic arthritis, and heart damage. Fill in the blank Juan y Paola _______ a la escuela.A. Va B. VasC. Van What are some functions of the Thalamus. What shows that this statement is a fact? It is influenced by personal feelings and beliefs. It includes information that can be checked. It contains details about what people do with the supplies. It has a description of the place people go to for supplies. if you wish to pursue an accounting job with a focus on cost analysis and budgeting, you would pursue the path of a: Many settlers traveled west in covered wagons.TrueFalse PLEASE HELP WILL MARK BRAINLIEST helpppp fast!!! due very soon. In this assignment you are to write a Python program to read a CSV file consisting of U.S. stateinformation, then create and process the data in JSON format. Specific steps:1. Read a CSV file of US state information, then create a dictionary with state abbreviationas key and the associated value as a list: {abbrev: [state name, capital, population]}. Forexample, the entry in the dictionary for Virginia would be : {VA: [Virginia, Richmond,7078515]}.2. Create a JSON formatted file using that dictionary. Name the file state_json.json.3. Visually inspect the file to ensure it's in JSON format.4. Read the JSON file into your program and create a dictionary.5. Search the dictionary to display the list of all state names whose population is greaterthan 5,000,000.Notes: The input file of U.S. state information will be provided with the assignment In processing that data youll need to read each line using READLINE, or all into one listwith READLINES Since the data is comma-separated youll have to use the string split method toseparate the attributes (or fields) from each line and store each in a list. Remember that all the input data will arrive in your program as a character string. Toprocess the population data youll have to convert it to integer format. The input fields have some extraneous spaces that will have to be removed using thestring strip method. As each line is read and split, add an entry for it to the dictionary as described above. Be sure to import json and use the dumps method to create the output string forwriting to the file. The visual inspection is for your benefit and wont be reviewed or graded. Use the loads method to process the read json file data into a Python data structure. Iterate through the dictionary and compare each states population to determine whichto display. Be sure youve stored the population in the dictionary as an integer so youcan do the comparison with 5,000,000. PLS HELP!!Given the diagram below, find the value of x.The value of x is T/F. general revelation builds evangelistic bridges from christianity to other world religions. Why do you think the populationdensity is so high in the UK?