Determining Amounts to be Paid on Invoices Determine the amount to be paid in full settlement of each of the following invoices, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period. Merchandise Freight Paid by Seller Terms Returns and Allowances a. $14,200 - FOB shipping point, 1/10, n/30 $700 b. 10,700 $400 FOB shipping point, 2/10, n/30 1,300 c. 5,700 - FOB destination, 1/10, n/30 500 d. 3,800 200 FOB shipping point, 2/10, n/30 500 e. 1,500 - FOB destination, 2/10, n/30 -

Answers

Answer 1

Answer:

a. Amounts to be Paid on Invoice = $12,150

b. Amounts to be Paid on Invoice = $7,920

c. Amounts to be Paid on Invoice = $4,680

d. Amounts to be Paid on Invoice = $2,840

e. Amounts to be Paid on Invoice = $1,200

Explanation:

a. $14,200 - FOB shipping point, 1/10, n/30 $700

Amounts to be Paid on Invoice = ($14,200 - $700) * (10/10 - 1/10) = $12,150

b. 10,700 $400 FOB shipping point, 2/10, n/30 1,300

Amounts to be Paid on Invoice = (($10,700 - $1,300) * (10/10 - 2/10)) + $400 = $7,920

c. 5,700 - FOB destination, 1/10, n/30 500

Amounts to be Paid on Invoice = ($5,700 - $500) * (10/10 - 1/10) = $4,680

d. 3,800 200 FOB shipping point, 2/10, n/30 500

Amounts to be Paid on Invoice = (($3,800 - $500) * (10/10 - 2/10)) + $200 = $2,840

e. 1,500 - FOB destination, 2/10, n/30 -

Amounts to be Paid on Invoice = $1,500 * (10/10 - 2/10) = $1,200


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The balance sheets for Plasma Screens Corporation, along with additional information, are provided below:
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Balance Sheets
December 31, 2021 and 2020
2021 2020
Assets Current assets: Cash $ 114,250 $ 128,400 Accounts receivable 79,200 93,500 Inventory 98,000 82,700 Prepaid rent 4,600 2,300 Long-term assets: Land 495,000 495,000 Equipment 802,000 685,000 Accumulated depreciation (431,000 ) (274,000 ) Total assets $ 1,162,050 $ 1,212,900 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 102,000 $ 87,700 Interest payable 6,450 12,900 Income tax payable 8,600 5,300 Long-term liabilities: Notes payable 107,500 215,000 Stockholders' equity: Common stock 715,000 715,000 Retained earnings 222,500 177,000 Total liabilities and stockholders' equity $ 1,162,050 $ 1,212,900 Additional Information for 2021:
Net income is $72,000.
The company purchases $117,000 in equipment.
Depreciation expense is $157,000.
The company repays $107,500 in notes payable.
The company declares and pays a cash dividend of $26,500.
Can someone please help me create the statement of cash flow using the indirect method?

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A cash flow statement, commonly referred to as a statement of cash flows, is a financial document that illustrates the impact of changes in the income and balance sheet accounts on cash and cash equivalents.

How to create cash flow statement ?

To create the statement of cash flow using the indirect method, we can follow these steps:

Calculate net cash provided by operating activities:

Begin by calculating the net income for the year. For Plasma Screens Corporation, the net income is $72,000.

Next, add back any non-cash expenses, such as depreciation, to arrive at the net cash provided by operating activities. For Plasma Screens Corporation, the net cash provided by operating activities is calculated as follows:

Net cash provided by operating activities = Net income + Depreciation expense

= $72,000 + $157,000

= $229,000

Calculate net cash used in investing activities:

Next, calculate the net cash used in investing activities. This includes any purchases of long-term assets, such as land and equipment, as well as any investments in other businesses. For Plasma Screens Corporation, the net cash used in investing activities is calculated as follows:

Net cash used in investing activities = Purchases of long-term assets

= $117,000

Calculate net cash provided by (used in) financing activities:

Next, calculate the net cash provided by (or used in) financing activities. This includes any payments on long-term liabilities, such as notes payable, as well as any dividend payments or stock issuances. For Plasma Screens Corporation, the net cash provided by financing activities is calculated as follows:

Net cash provided by financing activities = Payments on long-term liabilities - Dividend payments

= $107,500 - $26,500

= $81,000

Calculate the net increase (decrease) in cash:

Finally, calculate the net increase (or decrease) in cash by adding the net cash provided by operating activities, net cash used in investing activities, and net cash provided by (or used in) financing activities. For Plasma Screens Corporation, the net increase in cash is calculated as follows:

Net increase in cash = Net cash provided by operating activities + Net cash used in investing activities + Net cash provided by (used in) financing activities

= $229,000 + ($117,000) + $81,000

= $193,000

Determine the ending cash balance:

To determine the ending cash balance, add the net increase in cash to the beginning cash balance. For Plasma Screens Corporation, the ending cash balance is calculated as follows:

Ending cash balance = Beginning cash balance + Net increase in cash

= $128,400 + $193,000

= $321,400

Using this information, we can create the statement of cash flow for Plasma Screens Corporation using the indirect method as follows:

PLASMA SCREENS CORPORATION

Statement of Cash Flows

For the Year Ended December 31, 2021

Using the Indirect Method

Net cash provided by operating activities:

Net income $72,000

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation expense 157,000

Net cash provided by operating activities $229,000

Net cash used in investing activities:

Purchases of long-term assets ($117,000)

Net cash used in investing activities ($117,000)

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Experts advise combining a variety of sources, merging them on a computer with mail-response and home lists, and then clearing them of duplicate names because compiled lists, which are lists bought from list vendors, often have the lowest response rate. Direct-mail lists can be rented or purchased 30. true

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Experts advise combining a variety of sources, merging them on a computer with mail-response and home lists, and then clearing them of duplicate names because compiled lists, which are lists bought from list vendors, often have the lowest response rate. Direct-mail lists can be rented or purchased 30. true

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A manager can assign tasks to a subordinate, and a subordinate who refuses to do them can be reprimanded or even fired. This is an example of _____ power.
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A manager assigns tasks to subordinate, and subordinate who refuses to do them can be reprimanded or fired. This is example of the coercive power.

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Coercive power refers to a management or leader's use of force or threat to persuade a worker, subordinate, or team member to comply with a directive or order. It is the power of the position of authority, not a power that belongs to the individual. It is derived from the term compel, which is defined as using force in a dictionary. How coercive power operates depends on managers' propensity to use threats of various forms of punishment to coerce staff into complying with instructions. It simply refers to someone attempting to influence someone else by threatening punishment. An aspect of leadership is what this is. One way a person might affect those around them is by using this technique.

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Classify the items according to whether a discriminatory wage differential would exist in a competitive market given that employer discrimination exists. a. A competitive market is guided by the economic self-interest of employers seeking the lowest labor costs and consumers seeking the least-expensive products and services.

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In this case the wage rate will be determined by market demand and supply for labour which the firms will have to accept and there will be no wage discrimination.

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Wage discrimination is the practice of setting one's pay in a different way depending on one's gender, color, age, or religion. Paying a worker less because of any protected characteristics is illegal. The underpayment of women for the same task as men is an example of pay discrimination.

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In the long term, we are all going to die, as he put it, so governments should deal with problems now rather than waiting for the market to fix them afterwards. Keynesians oppose making frequent changes to policy to maintain full employment.

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The supply side philosophy contends that the government should focus on increasing economic output by reducing taxes and regulations rather than trying to regulate the economy by controlling wages and prices. In the end, it considers market mechanisms to be the best means of ensuring everyone's prosperity.

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Answer:

Adam Smith

Explanation:

As a supporter of Smith's theories you are most likely to feel the government should not drastically change its policies when faced with an economic crisis and that, eventually, the problems will resolve themselves through market forces (supply and demand).

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The correct answer is A. The extent of market power held by a seller can vary along a spectrum from none to a high level.

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Kayak requires a minimum cash balance of $40,000 at each month-end. Loans taken to meet this requirement charge 1%, interest per month, paid at each month-end. The interest is computed based on the beginning balance of the loan for the month. Any preliminary cash balance above $40,000 is used to repay loans at month-end. The company has a cash balance of $40,000 and a loan balance of $80,000 at January 1.

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The total cash available in January, February, and March, based on the cash requirements of Kayak, are:

January - $ 557, 000February - $ 449, 500March - $ 545, 379

How to find the cash available ?

The cash available in January can be found by the formula :

= Beginning cash receipts + Cash receipts in month

= 40, 000 + 517, 000

= $ 557, 000

The cash available in February :

= 40, 000 + 409, 500

= $ 449, 500

The cash available in March :

= 76, 379 + 469, 000

= $ 545, 379

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The question is:

How much cash would Kayak have available in January, February, and March?

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When choosing which communication channel to utilize and when, project managers must consider the requirements of the organization, the project, and the people involved.

Briefing:-

Regardless of the requirements of the stakeholders, status reports should be produced in a uniform style. Any communication issues the team may have can be resolved by the facilitator.

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Which of the following should project managers adhere to while emailing teams? Put the complete message in the subject line if it would fit. Regardless of the requirements of the stakeholders, status reports should be produced in a uniform style.

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A. An offer to sell a security made by an agent in another state to a customer that lives in the Administrator's state is defined as an offer which comes under a State Administrator's jurisdiction.

Both State Administrators have authority over an offer made by an out-of-state agent into another State. A state administrator is a representative of a governing body, regulatory organization, or official who is in charge of supervising and enforcing state laws governing securities transactions.

Each state in the US is guided by a model law known as the Uniform Securities Act when establishing its own regulations for securities transactions that are not otherwise subject to federal oversight. At the state level, the state administrator's responsibility is to safeguard investors from securities fraud.

Each state also has a securities regulator that is responsible for upholding "blue sky" rules, which are in addition to the federal securities laws that are governed and enforced by the Securities and Exchange Commission (SEC).

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bruce lovegren who was born on september 27, 1950. on april 27 1977 he purchased a 15,000 ten year term life insurance policy

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A 10-year term life insurance policy provides coverage for ten years. During this time, the insured's premium remains unchanged. The insurance coverage will expire after ten years.

As a result, your insurance will expire. Furthermore, the policy's death benefit coverage expires at the conclusion of the term. Because term life insurance does not have a cash value like whole life or universal life insurance, it is frequently not possible to cash out a term life insurance policy. A term life insurance policy is designed to provide coverage for a set period of time, often 20 or 30 years. As a result, term life insurance assures death payments with stable premiums for a period of 10 to 40 years.

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The government of country B has relaxed immigration policies. Which of the following is likely to be a consequence of this policy?
A. There would be an increase in the labor force and an increase in the long-run aggregate supply.
B. There would be a decrease in the labor force and a decrease in the long-run aggregate supply.
C. There would be an increase in the labor force and a decrease in the long-run aggregate supply.
D. There would be a decrease in the labor force and a decrease in the short-run aggregate supply.
E. There would be an increase in the labor force and a decrease in the short-run aggregate supply.

Answers

The consequence of the policy is There would be an increase in the labor force and an increase in the long-run aggregate supply.

Hence, the correct option is A

Moving to a new area with the purpose of settling down and residing there is known as immigration. Many other causes might influence a person's decision to immigrate, including career possibilities, the need to flee a dangerous situation, environmental considerations, a desire for education, or the desire to be near family.Let's start by examining the four different categories of immigration status that are available: citizens, residents, non-immigrants, and undocumented. The following is a description of each status's attributes. These individuals are either American citizens by birth or those who have completed the three- or five-year "naturalization" process.

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office supplies purchased by janer's cleaning service on account were returned. which of the following entries for janer's cleaning service records this transaction?

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Office supplies purchased by Janer's Cleaning Service on account were returned. Debit Accounts Payable; credit Office Supplies is the entries for Janer's cleaning service records this transaction.

What exactly is a payable account?

Accounts payable (AP) is the term used to describe the unpaid balances owed to suppliers or vendors for products or services supplied. The accounts payable balance on the balance sheet of the business represents the total of all unpaid sums owing to vendors.

What use does accounts payable serve?

The financial, administrative, and clerical support of a business is handled by the accounts payable department. They are in charge of tracking the company's short-term debts, paying vendor invoices or bills, and making payments the company owes to suppliers and other creditors.

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Suppose that an investor wants to compare the risks associated with two different stocks. One way to measure the risk of a given stock is to measure the variation in the stock’s daily price changes. The investor obtains a random sample of 25 daily price changes for stock 1 and 25 daily price changes for stock 2. These data are provided in the file P09_20.xlsx. Explain why this investor can compare the risks associated with the two stocks by testing the null hypothesis that the variances of the stocks’ price changes are equal.A hypothesis test for equal population variances is
appropriate
because the two stock price changes can be assumed
independent from
each other.

Perform this test, using a 10% significance level, and interpret the results. Round your answer for p-value to three decimal places, if necessary.

With a p-value of
0.022
, we
reject
the null hypothesis of equal variance. There
is
enough evidence to support the claim that the two stock prices
do not have
the same risk.

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Stock Market the Tokyo Stock Exchange (Japan), the Shanghai Stock Exchange (China), and the London Stock Exchange are among the other significant exchanges in the world (England).

What is Stock Market?Shares of publicly traded corporations are bought, sold, and issued on the stock market. It consists of a number of exchanges where businesses can list their stocks.The New York Stock Exchange (NYSE) and Nasdaq are the two most well-known exchanges in the United States. The NYSE is the biggest stock market in the world and is home to some of the oldest publicly traded American businesses.The largest names in technology, including Apple, Alphabet, and Microsoft, are represented on the Nasdaq.Over the past 50 years, the S&P 500, which represents the American stock market, has returned an average of nearly 11%.The Tokyo Stock Exchange (Japan), the Shanghai Stock Exchange (China), and the London Stock Exchange are among the other significant exchanges in the world (England).Because it offers corporations long-term finance, the stock market is regarded as a capital market.

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The economy moves from point A, where it produces 100 units of X and 200 units of Y, to point B, where it produces 200 units of X and 150 units of Y. It follows that
a)point A is a productive inefficient point.
b)point A may be a productive inefficient point.
c)point A may be a productive efficient point.
d)point B is a productive efficient point.
e)b and c

Answers

Option E, B and C (point A may be a productive inefficient point; point A may be a productive efficient point.) Because economy of a technical advancement, more of good X can be produced with less labor.

The economy could be able to produce more things through inefficient means without employing any more  capital. Production Efficiency vs. Inefficiency Inefficient productive occurs when production elements are distributed in contrast to comparative advantage. Because the economy can generate more of at least one productive thing with the use of available economy resources and technology, points that are strictly below the frontier or curve are inefficient. Points on the frontier or curve are productive.

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all foreign companies listing their shares in the united states (are, aren't) required to restate their financial statements to comply with fasb standards.

Answers

All foreign companies listing their shares in the United States aren't required to restate their financial statements to comply with fast standards.

What are the financial statements?

Financial statements are formal records of a company's, person's, or other entity's financial activities and position. Relevant financial information is presented in a structured and easy-to-understand format.

Therefore, All foreign companies with shares listed in the United States are not required to restate their financial statements in order to meet fast standards.

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ers to any information about a product or an organization that is communicated to the public through the media and is not paid for or controlled by the spon

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The any information that is communicated to the public through the media and not paid for or controlled by other party is publicity.

What is publicity?

Publicity is to make awareness or visibility about information of product or organization in a public, often but not always via media with the subject is public interest, goods, organization, services, entertainment, works of art, etc.

Publicity is from within organization with cooperate to the media to inform the information about their product or organization to the public, so the organization is not paid for or controlled by any party include sponsor.

Thus, the given statement is refers to publicity.

You question is incomplete, but most probably your full question was

refers to any information about a product or an organization that is communicated to the public through the media and is not paid for or controlled by the sponsor.

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fill in the blanks: When building a recruiting strategy, building relationships with top sales talent at other companies is _____, while building relationships with high-performing business development reps at other companies is _____.
O a short-term strategy, a long-term strategy
O a long-term strategy, a short-term strategy
O an ideal strategy, usually a mistake
O a good primary tactic, a good secondary tactic

Answers

When building a recruiting strategy, building relationships with top sales talent at other companies is a short-term strategy, while building relationships with high-performing business development reps at other companies is a long-term strategy.

A comprehensive business plan with goals for the future is called a long-term strategy. During this cycle, you're laying out and finishing objectives to accomplish an all-encompassing objective for the organization. You can set a number of smaller goals to help you achieve your ultimate goal in order to develop a long-term strategy.

What are the business's long-term strategies?

Either through proactive, long-term strategic planning or natural (or organic) sales growth, small businesses can expand. Diversification, acquisitions, expanding distribution channels, and improved financial management practices are all options for strategies.

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What factors contributed to novartis’s invoice processing being so complex?. How did IT help the company solve that problem?

Answers

The  factors contributed to Novartis's invoice processing being so complex is that:

The majority of the company's invoices come from foreign vendors, thus there are variations in their layout, language, taxes, and currency. As a result, a lot of them became "query items" that needed to be manually resolved by Novartis accounting personnel. This caused payments to be delayed and made processing those invoices very expensive.

Describe the firm Novartis?

They are  provider of healthcare. It is a corporation that offers services all over the world. Novartis must cope with a staggering variety of various languages and currencies because it is a global corporation. Due to the need to provide invoice processing in accordance with each member's currency and language while keeping cohesion, it becomes extremely complicated.

Therefore, the  intricacy of the invoicing is mostly due to the disparity in currencies; hence, frequent currency conversion is already necessary.

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Colliers, Inc. has 105,000 shares of cumulative preferred stock outstanding. The preferred stock pays dividends in the amount of $3 per share, but because of cash flow problems, the company did not pay any dividends last year. The board of directors plans to pay dividends in the amount of $750,000 this year.
A. What amount will go to preferred stockholders?

Answers

The amount that will go to preferred stockholders is $400,000 if Colliers, Inc. has 105,000 shares of cumulative preferred stock outstanding.

How do you define stock?

The ownership certificates of any corporation are referred to as stocks in a general sense. On the other hand, a share alludes to the stock certificate of a specific business. A shareholder is someone who owns stock in a specific corporation. Stocks come in two varieties: common and favored.

Why do investors purchase stocks?

Your investment portfolio may benefit from including stocks. Investing in stocks of various companies can help you increase your savings, shield your money from inflation and taxes, and increase the return on your assets. It's critical to be aware of the hazards associated with stock market investing.

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in this example, what is the unconditioned stimulus (ucs), unconditioned response (ucr), conditioned stimulus (cs), conditioned response?

Answers

In classical conditioning, an unconditioned stimulus (US or UCS) is defined as any stimulus that can naturally and automatically trigger a response without prior learning or practice.

Which one better describes a stimulus?

Anything that can cause a bodily or behavioral change is a stimulus. The word stimulus is pluralized as stimuli. External or internal stimuli are both possible. Your body's reaction to a medication is an illustration of an external stimulus.

Why is stimulation used?

Major Takeaways. A stimulus package is a planned initiative to boost government spending while lowering taxes and interest rates in an effort to boost the economy and pull it out of a slump or depression.

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