Alin Co. should record the cost of the building at $350,000
What is fixed asset?Fixed asset is a type of asset that do not vary with the level of output.
When recording the cost of a fixed asset, all the costs that were incurred to acquire the asset and make it ready for production should be included.
Here, those costs include the actual purchase price, the closing costs and the renovations.
Total building cost is therefore:
= Purchase price + Closing costs + Cost to prepare building
= 300,000 + 30,000 + 20,000
= $350,000
Hence, Alin Co. should record the cost of the building at $350,000
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arm and hammer baking soda which was originally developed as a cooking ingredient, is now being sold as an effective refrigerator deodorizer. this is an example of __________ innovation.
1. positioning
2. process
3. distributed
4. associative
Answer:
The first one is the answer. Positioning.
Client 3
I am 35 years old and have been running three successful bookstores for five years. My customers think I have the right mix of books to appeal to younger and older readers. My “coffee-house nights” which feature local authors reading passages of their books to espresso-drinking customers have been a big hit. I am thinking about expanding to eight stores. I have identified the new locations. They seem just right. My two biggest problems are that I do not have enough money to support this expansion and I am not sure I have the skill to manage all eight locations.
What type of business organization do you recommend? Why?
This is for my Business class help!!
Answer:
Well, first you must have the savings for this project. Since your expanding to eight locations, I suggest you hire some employees so they can help run the other locations. I'd hold off on the expansion until you've got the correct amount of savings, that way if there are any issues in the expansion project, you'll easily be able to cover it.
Explanation:
I know a bit about business, but I'm still learning. I think this might help, I'm not sure. I think you can do a combination of coffee & books.
The process of transferring transactions as they happen to an off-site facility is called ___________.
Answer: Remote journaling
Explanation: The transfer of live transactions to an off-site facility is called remote journaling .
Genna and four others are establishing a business to create monogrammed items of personal clothing to sell to the general public. Genna is concerned about entering into business with others and possibly being liable for their actions, so she convinces the others that they should incorporate. After doing some basic research on how to incorporate a business, Genna starts preparing the articles of incorporation. At a minimum, Genna must make sure that the articles of incorporation include:
A. the name of the corporation and the name and address of each incorporator.
B. the name of the corporation, the number of shares of stock the corporation is authorized to issue, the name and street address of the initial registered agent of the corporation and his or her registered office, and the name and address of each incorporator.
C. the name of the corporation, the name and street address of the initial registered agent of the corporation and his or her registered office, and the name and address of each incorporator.
D. the name of the corporation, the number of shares of stock the corporation is authorized to issue, and the name and address of each incorporator.
Kelly lives in Arkansas and works in the data division of Acxiom Corporation. Acxiom has its headquarters in Conway, Arkansas. Acxiom is incorporated in Delaware, however, because of the corporate-friendly laws in that state. Kelly works in a(n):
A. domestic corporation, because Acxiom’s headquarters is in the same state where Kelly works.
B. alien corporation because Acxiom is incorporated in a different state than the division where Kelly works.
C. foreign corporation because Acxiom is incorporated in a different state than the division where Kelly works.
D. close corporation because Kelly works in a division of Acxiom located close to where she lives.
At a minimum, Genna must make sure that the articles of incorporation include:
C. the name of the corporation, the number of shares of stock the corporation is authorized to issue, the name and street address of the initial registered agent of the corporation and his or her registered office, and the name and address of each incorporator.Kelly works in a(n):
C. foreign corporation because Acxiom is incorporated in a different state than the division where Kelly works.What is a Corporation?This refers to a legal entity that is authorised to act as a single entity even though it might have many owners for a particular purpose.
Therefore, we can note that Kelly works in a foreign corporation as it cannot be considered an alien corporation because it is in a different state.
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Paris Perfumes has provided the following data for the previous year: Units sold during the previous year 25,000 units Selling price per unit $75 Direct materials per unit $35 Direct manufacturing labor per unit $10 Variable manufacturing overhead per unit $5 Fixed manufacturing costs $250,000 Budgeted production at the beginning of the year 27,000 units Variable marketing cost per unit $3 Fixed marketing cost $30,000 Number of units in opening inventory 0 Number of units in ending inventory 2,000 units What was the throughput margin for the previous year for Paris Perfumes
The throughput margin for the previous year for Paris Perfumes is $550,000.
What is the throughput margin?The throughput margin is the same as the contribution margin.
The throughput margin calculates the profits obtained across the production cycle, focusing on variable costs and sales revenue.
Data and Calculations:Units sold = 25,000 units
Selling price per unit = $75
Direct materials per unit = $35
Direct labor per unit = $10
Variable manufacturing overhead = $5
Variable marketing cost per unit = $3
Total variable costs per unit = $53
Fixed manufacturing costs = $250,000
Fixed marketing cost = $30,000
Total fixed costs = $280,000
Budgeted production units = 27,000
Ending inventory = 2,000
Throughput margin per unit = $22 ($75 - $53)
Throughput margin for the previous year = $550,000 ($22 x 27,000 - 2,000)
Thus, the throughput margin for the previous year for Paris Perfumes is $550,000.
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There are three types of contractual conditions: condition precedent, condition subsequent, and concurrent conditions. Group of answer choices true false
The three types of contractual conditions given are correct and true. The types of contractual conditions are;
Condition precedent,Conditions concurrent, and Condition subsequent What is a contractual condition?A contractual condition is any requirement that is included in a contract. Each condition creates a contractual duty, the violation of which may result in a lawsuit.
Not all conditions are specified specifically, and other conditions have less legal weight since they are supplementary to the contract's purpose.
This signifies that each of the parties is compelled or obliged under the contract to execute an obligation. The duties of the parties are determined by the contract conditions.
However, the numerous types of contractual conditions are;
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The difference between a revenue or cost item in the planning budget and the same item in the flexible budget at the actual level of activity is a(n) ______ variance.
When there is a difference between an item in the planning budget and the flexible budget, this is an activity variance.
What is an activity variance?This is when items in the flexible budget and the planning budget are different based on the actual level of activity that the company saw as opposed to the planned level.
As this difference arises because of a difference in activity, it is labeled the activity variance.
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At Just In Time Logistics, managers and workers share responsibilities, managers stress employee participation in all aspects of company decision making, and employment is long-term. What theory of management does Just In Time Logistics follow
Just In Time Logistics managers and workers share responsibilities, this follows Theory Z management
What is Theory Z?Theory Z is a management theory based on the combination of American and Japanese management philosophies.
Theory Z involves managers and workers share responsibilities, managers stress employee participation in all aspects of company decision making, and employment is long-term.
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Any person or entity who knows, or should have known, of the presentation of a false or fraudulent claim to the government for payment or approval is subject to.
When a person make a fraudulent claim to the government for payment it is called: the False Claims Act.
What is False Claims Act?The False Claim Act is law that found a person who intentional makes a false claim against government agency guilty.
This law states that no person should make a false claim as any person or individual who makes a fraudulent claim so as to defraud the government or present a false claim will be subjected by the court of law if found guilty.
Inconclusion fraudulent claim to the government for payment or approval is subject to: the False Claims Act.
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Mel's Diner is a popular café that specializes in home-cooked meals, friendly service, and a menu that contains vegan and vegetarian dishes (menu items that no other restaurant in the area offers). Mel's Diner is engaging in strategic positioning by offering the unique menu items of vegan and vegetarian dishes.
i. True
ii. False
Answer:
true
Explanation:
The modern economy has produced jobs that no longer rely on brute strength, but on social intelligence, open communication, and the ability to sit still and focus. Due to this change there has been an extreme makeover in _________ worldwide.
The modern economy has influenced a change in the image of the evolution of gender roles throughout the world.
What are gender roles?Gender roles is a term that refers to the distribution of work and social roles according to a person's gender. In ancient times, men had different roles than women and this idea was transmitted generationally until modernity.
In modernity with the arrival of a new economic system, the roles of women were more similar to those of men because those paradigms that women were less capable than men were overcome.
Nowadays, the roles of women and men are equal in many aspects, so women can play any social role they want regardless of their gender.
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A special type of owner's equity account set up to record the owner's withdrawal of cash from the business is called the
Answer:
Drawing account.
Explanation:
To estimate what the profit will be at various levels of sales volume, multiply the number of units to be sold above or below the break-even point by the unit contribution margin. Group startsTrue or False
In order to estimate the profit that will be at various levels of sales, multiply the number of units to be sold above or below the break-even point by the unit contribution margin. The statement is false.
What is profit?Profit is total revenue less total cost. Breakeven point is the number of units produced and sold at which net income would be zero. Above the breakeven point, there would be profit and below this point, there would be losses.
The contribution margin is the price per unit less the variable cost per unit. Contribution margin doesn't account for fixed cost which must be used to determine profit.
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Today's trend is to expand the span of control because: Multiple select question. empowerment increases costs and reduces profits the workforce is better educated at all levels organizations want more control at every level organizations save by reducing the number of middle managers
It is important to expand the span of control because
the workforce is better educated at all levels.organizations save by reducing the number of middle managers.What is a span of control?Span of control simply means a key element in the structure of an organization.
In this case, it is vital to expand the span of control because the workforce is better educated at all levels and organizations save by reducing the number of middle managers.
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Concertville is hosting a series of outdoor concerts in the park. The concert series will cost the city $1,250 to host. City officials expect the concert series to draw a crowd of 250 people, 50 of whom will free ride. Based on this information, how much should city officials charge for the concert series in order to cover the $1,250 expense
The amount the city officials should charge for the concert series is $6.25.
What is the free rider problem?The free rider problem is a form of market failure that occurs when people benefit from a good or service but do not pay to enjoy the service.
The amount to be charged = expense / people who do not free ride
1250 / (250 - 50) = $6.25
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What is the estimate of Walmart's long term growth assuming the constant growth period started in 2014 when the dividend per share was $1.89
The estimate of Walmart's long term growth is 2.87%.
What is the estimate of Walmart's long term growth?The long-term growth of a stock is the expected compound average rate of growth expected over a long period of time. It is considered to a more stable rate of growth.
The dividend per share of Walmart is $2.24 as at 2022.
Long term growth rate = (2.24 / 1.89)^(1/8) - 1 = 2.87%
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Firms focusing on operating a cost-leadership strategy are most likely to develop their product or service to emphasize the.
Firms focusing on operating a cost-leadership strategy are most likely to develop their product or service to emphasize the functional aspects.
What is strategic management?Strategic management can be defined as the plan in motion to implement the aims and objective of an organization.
Here, strategic management is important because it makes the necessary plans and policies by making sure that the vision statement of the company is achieved.
Hence, Firms focusing on operating a cost-leadership strategy are most likely to develop their product or service to emphasize the functional aspects.
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The project justification includes the key assumptions for the project. Group of answer choices True False
The project justification including the key assumptions for the project is True.
What is a Project?A project can be defined as a piece of planned activity which is done over a period of time and serves a particular purpose.
For a project to be done, it is necessary to includes the key assumptions in order to ensure its successful execution.
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According to central place theory, the threshold is defined as the:.
Threshold is defined as the smallest market area necessary for the goods and services to be economically viable.
What is Central place theory?This is defined as an urban geographical theory that explains the number, size and range of market services in a commercial system or human settlements in a residential system.
For goods and services to be sold, the region or market has to be viable which is best explained as the threshold.
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______ allows employees to move from one job to another in an effort to relieve the boredom that is often associated with job specialization.
a) Job sharing
b) Job enlargement
c) Job rotation
Answer:
c) job rotation
Explanation:
In almost all present and future value computations, it is implicity assumed that the cash flows occur at the beginning of each period. A) True B) False
In present and future value computations, it is not true that cashflows are implicitly assumed to occur at the beginning of the period so this statement is False.
Why is this statement false?The usual convention for present and future value calculations is that if the period of cashflows is not given, it is assumed that the cashflow occurs at the end of the period.
A special formula exists when the cashflows occur at the beginning of the period instead.
In conclusion, this is false.
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Using a PDCA process to design a customer survey, while implementing a customer feedback and improvement process, is an example of:
Answer:
The critical path method
Explanation:
Scientists around the world use a standardized taxonomic system. Why would scientists want to use a taxonomic system that is standardized?.
Scientists use the standardized taxonomic system to avoid confusion with identifying organisms.
What is a standardized taxonomic system?It is a system of binomial naming and identification of different types of organisms according to:
SpeciesClassGenreTherefore, taxonomy is essential for categorizing organisms and identifying biological information, helping scientists to organize and understand biology.
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xetci u popping up everywhere.
Using resources to maximize health benefits while simultaneously using resources to maximize cost-effectiveness is: Question 17 options: a) priority nursing management. b) fiscal responsibility. c) costing out nursing services. d) capital constraint.
Using resources to maximize health benefits while simultaneously using resources to maximize cost-effectiveness is a) priority nursing management.
What is priority nursing management?Priority nursing management dwells on the impact of nursing care on the quality of care provided to patients.
Nursing management requires prioritizing:
TeamworkAccountability and cost-effectivenessGood communication.Thus, maximizing health benefits to patients while maximizing cost-effectiveness is a priority in nursing management.
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The common law concept that requires an employee to render loyal and faithful service to the employer is ____.
The common law concept that requires an employee to render loyal and faithful service to the employer is : Duty of loyalty
What is common law?Common law, also known as case law, is the law that come from different judicial decisions that happen in courts and other types of similar tribunals .This means that common or case law is what arises from court rulings or precedents.
The duty of loyalty means an employee is obligated to render “loyal and faithful” service to the employer, to act with “good faith,” and not to compete with but rather to advance the employer's interests.
Hence, the common law concept that requires an employee to render loyal and faithful service to the employer is duty of loyalty.
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What will happen to profits and domestic prices when a quota is used to protect a domestic monopolist from international competition
What happens to profits and domestic prices when a quota is used to protect a domestic monopolist from international competition is C. Profits will fall and domestic prices will fall.
What is an import quota?An import quota is a trade restriction, limiting the quantity of a good that can be imported into a country in a period.
It creates undue advantages for domestic producers and discourages international competitiveness.
Answer Options:a. Prices will rise and outputs will fall.
b. Prices will rise and outputs will rise.
c. Profits will fall and domestic prices will fall.
d. Prices will fall and outputs will fall
Thus, a quota is used to protect a domestic monopolist from international competition is C. Profits will fall and domestic prices will fall.
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On an income statement the discontinued operations section refers to.
Answer:
parts of a company's core business or product line that have been divested or shut down, and which are reported separately from continuing operations on the income statement.
On an income statement the discontinued operations section refers to disposal of a segment of a business.
The term "concluded operations" in an income statement refers to the results of operations of a company's component that has either been sold off or shut down.
If a component is held for sale, its operating results for the most recent period and any preceding periods, as well as any gain or loss on disposal, must be recorded in a distinct area of the income statement called discontinued operations.
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#SPJ6
how has the pandemic financial impacted households?
Explanation:
we always budgeting our money and didn't eat what our like because of financial problems
Which factor of production would you consider a cow?
Answer:
Milk
Explanation:
Give brainliest please