“Bubbly Burst, the healthy fun chew.” This was the popular promotion for the leading chewing gum on the market. The parent company for the item, Confectionary Plus, had incorporated a variety of promotional tools to build brand awareness over the years. Besides its range of exotic flavors, the company boasted the reduced sugar content of its products. The company also often included in its ads that “sharp” persons consumed the gum when they needed a healthy boost. The ads were also tailored to appeal to kids with similar messages and was well distributed in schools and vending machines. After three years of such promotion, the product was now a regular staple in the lunch bag of kids as well as in the pockets of most adults.
The success was largely due to the leadership of Peter Hinds, CEO of Confectionary Plus. Hinds was the brainchild behind the marketing and advertising thrusts. Company shareholders were well pleased with his overall results. Behind the scenes though there was a lot going on in the company. While the product did indeed have a reduced sugar content, the artificial sweetener used in the gum had been found to have potentially carcinogenic properties. While there was no conclusive proof of the danger of the product, the company had not approved full evaluation of the ingredient. Besides the potential consumer impact of the sweetener, there were also concerns by Chief Food Technologist, Dr. Marie Mohit that the addition of the ingredient in the production process resulted in a chemical reaction which often affected the respiratory system of a number of workers.
These issues did reach the ears of Hinds who was quite worker oriented. He engaged Dr. Mohit to undertake research on the issue. Generally, workers were not aware of the potential harm. They simply assumed that the respiratory issues were largely due to the general prevalence of “savanna dust” in the environment. Mohit was reluctant to directly research the issue since she had recently discovered that she was pregnant and felt that the material could negatively affect her unborn fetus. She therefore preferred to contract an external party to undertake the research. However, Hinds was adamant that involving an external party would potentially make the issue public and create challenges for the company. For now, he proposed that the workers could be provided with some surgical masks but not be advised of the danger.
The decision of the CEO on the testing issue did not sit well with Mohit. She outright felt that she should not put herself in potential harm. For some time she considered her options and eventually determined that her best option would be to go above the CEO to the company Chairman, Mr. Dan Blake. Blake was often a visitor to various departments but never directly engaged staff on work activity. Nonetheless, he was seen as friendly and would pay compliments to staff as he passed by. Mohit decided that she would engage Blake one afternoon in the car park.
In raising the issue with Blake, she provided documentation on the situation and was confident of getting a positive result. Mohit was pleased when Blake indicated that he would seriously consider the comments and suggestions. However, when he indicated that her proposal may be better considered over an evening of dinner and drinks, she became appalled. Mohit indicated that she would be unable to acquiesce, to which Blake calmly advised that she may have to therefore be prepared to do her job. Mohit made another attempt the next week and received a similar reaction. This time, Blake reminded Mohit that she should consider that her contract was up for renewal later in the year and her lack of ‘social skills’ may be a determinant in the renewal. Mohit felt that she had exhausted her options and the company seemed to have no other mechanism to address the two challenges that were now before her.
As Mohit sat at her desk one evening, she received an email from a reporter at the Daily Protector, a major national newspaper. The reporter indicated that there was an interest in speaking to her on some product issues. On reading the email, she began to wonder whether this email was another option for her to have the issues addressed.
QUESTIONS
1. a) Based on the case, are there any potentially ‘harmful’ effects of the advertising done by ‘Bubbly’?

b) Discuss the subject of the harmful nature of advertising and include other examples from the media to support your response.

Answers

Answer 1
My explanation of my answer is correct for this bc it’s harmful to the mute

Related Questions

what is a business administration​

Answers

Answer:

Business administration is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising business operations.

Explanation:

This is what I found during my research. Please correct me if I am wrong which I feel like I am right. Hope this helped a bit and have a good one!

☜(ˆ▿ˆc)

Employer is desperate to hire sales people. Employer conducts initial telephone interviews and offers employment immediately over the telephone. In making the offer, the employer will always inflate the guaranteed sales commissions that the employee can expect by 200-300%. A potential employee takes the job, relocates and soon realizes that she was misled in terms of compensation. Which of the following is most true? A. A claim by the employee will probably be based on promissory estoppel B. A claim by the employee will probably be based on breach of contract C. Employers are permitted to exaggerate figures to entice people to apply D. Under the doctrine of ‘caveat canem’ an employee bears the risk of being misled in the employment screening

Answers

Answer:

A. A claim by the employee will probably be based on promissory estoppel

Explanation:

Promissory estoppel doctrine refers to trying to enforce a promise. In other words, a person that makes a promise is responsible for performing it as long  as:

the promissor made a promise and the promisee acted because of it the promisee relied on the promisethe promisee suffers a loss due to the unfulfilled promise

The following materials standards have been established for a particular product at Zoom Industries: Standard quantity per unit of output 6.3 pounds Standard price $15.10 per pound The following data pertain to operations concerning the product for the last month: Actual materials purchased 7,650 pounds Actual cost of materials purchased $64,780 Actual materials used in production 7,150 pounds Actual output 890 units The direct materials purchases variance is computed when the materials are purchased. What is the materials quantity variance for the month

Answers

Answer:

the material quantity variance is $23,299.30 unfavorable

Explanation:

The computation of the material quantity variance is shown below:

= (standard quantity - actual quantity) × standard rate

= (6.3 × 890  - 7,150) × $15.10

= (5,607 - 7,150) × $15.10

=  $23,299.30 unfavorable

Hence, the material quantity variance is $23,299.30 unfavorable

Economics

Many manufacturing companies are investing in robots to complete the work traditionally done by employees. How would this have an impact on the companies' fixed and variable costs?

Answers

Investment in robots will increase the fixed cost and reduce the variable cost.

What is the impact on fixed and variable cost?

Fixed cost is the cost that remains constant regardless of the level of output. Variable cost is the cost that is determinant on the level of output. It increases with the level of output.

Investment in robots would be expensive for the firm. This would increase the fixed cost but cost of using the robots do not depend on their output. Thus variable cost will be reduced.

On the other hand, using employees would reduce fixed cost and increase the variable cost. Employees are usually paid based on their level of output. This would increase the variable cost. There is little or no upfront cost required with employing labor. Thus fixed cost is low.

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Three identical units of merchandise were purchased during July, as follows: Date Product T Units Cost July 3 Purchase 1 $31 10 Purchase 1 34 24 Purchase 1 37 Total 3 $102 Average cost per unit $34 Assume one unit sells on July 28 for $48. Determine the gross profit, cost of goods sold, and ending inventory on July 31 using (a) first-in, first-out, (b) last-in, first-out, and (c) average cost flow methods.

Answers

Answer:

(a) first-in, first-out,

Cost of Sales = $31

Ending Inventory = $71

Gross Profit  = $17

(b) last-in, first-out,  

Cost of Sales = $37

Ending Inventory = $65

Gross Profit = $17

(c) average cost flow methods.

Cost of Sales = $48

Ending Inventory = $96

Gross Profit = $0

Explanation:

(a) first-in, first-out,

FIFO method assumes that the units to arrive first, will be sold first. This means cost of sales will be based on earlier (old) prices whilst inventory valuation will be on recent (new) prices.

Cost of Sales = 1 x $31 = $31

Ending Inventory = 1 x $34 + 1 x $37 = $71

Gross Profit = $48 - $31 = $17

(b) last-in, first-out,

LIFO method assumes that the units to arrive last will be sold first. This means cost of sales will be based on recent (new) prices whilst inventory valuation will be on earlier (old) prices.

Cost of Sales = 1 x $37 = $37

Ending Inventory = 1 x $34 + 1 x $31 = $65

Gross Profit = $48 - $37 = $17

(c) average cost flow methods.

This method calculates a new average unit cost with each and every purchase made. This unit cost is used to determine the cost of sales and inventory value.

Cost of Sales = 1 x $48 = $48

Ending Inventory = 2 x $48 = $96

Gross Profit = $48 - $48 = $0

(4) Asset A has an expected return of 15% and a Sharpe ratio of .4. Asset B has an expected return of 20% and a Sharpe ratio of .3. A rational risk-averse investor would prefer a portfolio using the risk-free asset and ______. A. asset A B. asset B C. no risky asset D. not enough information to determine the answer

Answers

Answer: A. Asset A

Explanation:

The Sharpe ratio is used to adjust the return earned on an asset based on its risk. This allows investors to know the returns they are getting for risk being taken.

A higher Sharpe ratio is preferred to a lower one as it shows that more returns are being received per risk taken. A rational risk averse investor would therefore pick Asset A because they would be getting more return for the risk they take regardless of how little this risk is.

Put the following statements in the correct order to summarise the sequence of events in moving from the short-run to the long-run in perfect competition.

Answers

Answer:

ok

Explanation:

Maple Company purchases new equipment (7-year MACRS property) on January 10, 2020, at a cost of $430,000. Maple also purchases new machines (5-year MACRS property) on July 19, 2020 at a cost of $290,000. Maple wants to maximize its MACRS deductions; assume no taxable income limitations apply. What is Maple's total MACRS deduction for 2020

Answers

Answer:

$720000

Explanation:

This answer is quite sole and can be obtained by simple addition.

The answer to this question can be gotten by adding the MACR property of 8byears that has a cost of $430,000 with the purchases of new machines whose cost is $290000.

= $430000 + $290000

= $720000

Therefore Maple's total MACRs deduction for the year 2020 is equal to

$720000.

Thank you!

As the supervisor at a fast-food restaurant chain you notice that Tonya, one of your most experienced cashiers, is having trouble balancing her cash register at the end of each shift. You and others have been staying past closing time to resolve the discrepancy. After observing her performance for several days, you notice she seems to be making careless mistakes, such as giving the wrong change. You wonder if she has become bored. What would be the best way to share your observations with Tonya?

Answers

Answer:

hey i see that you have been making a lot of mistakes latly are you okay

Explanation:

Try not to be rude

Mathis Company and Reece Company use the perpetual inventory system. The following transactions occurred during the month of April:

a. On April 1, Mathis purchased merchandise on account from Reece with credit terms of 2/10, n/30. The selling price of the merchandise was $3,100, and the cost of the merchandise sold was $2,225.
b. On April 1, Mathis paid freight charges of $250 cash to have the goods delivered to its warehouse.
c. On April 8, Mathis returned $800 of the merchandise which had originally cost Reece $500.
d. On April 10, Mathis paid Reece the balance due.

Required:
Prepare the journal entry to record the April 10 payment to Mathis Company.

Answers

Answer:

Mathis Company

Journal Entry:

April 10:

Debit Accounts payable (Reece Company) $2,300

Credit Cash $2,254  

Credit Cash Discounts $46

To record the payment on account.

Explanation:

1) Data and Transaction Analysis:

Mathis Company

a. April 1: Inventory $3,100 Accounts payable (Reece Company) $3,100

with credit terms of 2/10, n/30.

b. April 1: Freight-in $250 Cash $250

c. April 8: Accounts payable (Reece Company) $800 Inventory $800

d. April 10: Accounts payable (Reece Company) $2,300 Cash $2,254  Cash Discounts $46

2) The payment on April 10 is for $2,300 ($3,100 - $800).  The 2% cash discount is applied on the $2,300 to arrive at a Cash payment of $2,254 ($2,300 - $46).

how to manage stress throughout the year​

Answers

Working out really helps, getting touch with your spirituality, don’t overwhelm yourself and take it easy

Which of the following is an effective way to deal with change and innovation? Insist on success and punish failure. Hold closely to established methods of getting the job done. Innovate by varying existing products that are already on the market. Have flexibility and adaptability. Offer different explanations for the change to different work groups.

Answers

Answer:

Have flexibility and adaptability.

Explanation:

A radical innovation also known as the disruptive innovation is an innovative approach aimed at destroying or supplanting old business strategies and models with an invention to breakthrough and change the whole industries by creating new products.

Because workgroups develop their own subcultures, intranets build a common cultural foundation that can help unify employees in different units and locations around common company values.

An effective way to deal with change and innovation is to have flexibility and adaptability.

This ultimately implies that, an entrepreneur or business owner should be flexible and adaptive to changes in the industry, as well as developing the courage to follow his or her brilliant ideas.

What should be the primary objective of managers?

Answers

Answer:

to manage everything in that business

Answer:

In servant leadership, the organization recognizes employees as experts in their field and work to help them work efficiently. No matter which type of management style is used by an organization, the main objective of managers is to help employees reach company goals and maintain company standards and policies.

HOPE U UNDERSTAND

Oriole Company had these transactions pertaining to stock investments: Feb. 1 Purchased 2700 shares of Ayayai Company (10%) for $68850 cash. June 1 Received cash dividends of $3 per share on Ayayai stock. Oct. 1 Sold 1890 shares of Ayayai stock for $51630 less brokerage fees of $600. The entry to record the sale of the stock would include a

Answers

Answer and Explanation:

The journal entry for recording the sale of the stock is shown below:

Cash Dr ($51,630 - $600) $51,030

    To Investment ($68,850 × 1890 ÷ 2700) $48,195

    To Gain on sale of investment $2,835

(Being the sale of the stock is recorded)

Here the cash is debited as it increased the assets, the investment and gain is credited as it reduced the assets but increased the revenue

Dustin Co. makes three products, A, B and C. They have a constrained resource - machine hours. There are only 17,398 machine hours available a month. The three products have the following data: A B C Selling Price per unit 6.00 16.00 11.00 Variable Cost per unit 2.00 4.00 6.00 Machine hours required 2 4 5 Demand for product in units 1,009 3,847 1,037 How much of product B should be produced?

Answers

Answer:

Total products produced by B = 3847

Explanation:

Given - Dustin Co. makes three products, A, B and C. They have a constrained resource - machine hours. There are only 17,398 machine hours available a month.

The three products have the following data:

                                                    A                   B                        C

Selling Price per unit                6.00             16.00                 11.00

Variable Cost per unit              2.00              4.00                  6.00

Machine hours required             2                    4                        5

Demand for product in units    1,009             3,847                 1,037

To find - How much of product B should be produced?

Solution -

Products                                        A                            B                     C

Selling Price per unit                     6                            16                    11

Variable cost per unit                    2                             4                     6

Contribution (Selling - Variable)    4                             12                   5

Machine hours required                2                              4                    5

Contribution per hr                         2                             3                     1

(Conribution / Machine hour)

Rank                                                II                              I                      III

Demand                                          1009                       3847               1037

Now,

Hours allocated to B -

No. of hours available = 3847 × 4 = 15,388

Available hours = 17,398

Now,

Extra hours = 17,398 - 15,388 = 2,010 (Allocated to A)

∴ The production of product B should be full capacity

i.e. Total products produced by B = 3847

The contribution margin is the amount of revenue left by the business after deducting all the variable costs from the selling price. The contribution margin includes the fixed costs. For decision making those products are chosen for selling those are having a higher contribution margin.

Find the attachment for the contribution margin of the products.

Now, Number of hours available = [tex]3847 \times 4 &= 15, 388[/tex]

Available hours  =  [tex]17,398[/tex]

Also, the extra hours are  = [tex]17, 398 - 15, 388&=2010[/tex] (Allotted to A).

Thus, product B should produce with full capacity, which is B = 3847.

To know more about contribution margin, refer to the following link:

https://brainly.com/question/14902120

you start out with $2,000 in a savings account and save $100 a month for 10 years and the account has a 2.5% interest rate. based on that calculation how much interest would you earn? ​

Answers

Answer: 25%

Explanation:

Capalbo Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning of the most recently completed year, the company estimated the labor-hours for the upcoming year at 52,000 labor-hours. The estimated variable manufacturing overhead was $2.78 per labor-hour and the estimated total fixed manufacturing overhead was $1,192,360. The actual labor-hours for the year turned out to be 52,600 labor-hours. The predetermined overhead rate for the recently completed year was closest to:______.
a. $2.78
b. $25.45
c. $25.71
d. $22.93

Answers

Answer:

Predetermined overhead Absorption rate = $22.93. per labour hour

Explanation:

Predetermined Overhead absorption rate(POAR) = Estimate overhead /Estimated labour hours  

Estimated overhead = $1,192,360

Estimated labour hours =52,000 hours  

Overhead absorption rate = $1,192,360/52,000 hours =$22.93 per labour hour

Predetermined overhead Absorption rate = $22.93. per labour hour

What is purpose of public relations?

Answers

Answer:

Explanation:

The aim of public relations by a company often is to persuade the public, investors, partners, employees, and other stakeholders to maintain a certain point of view about it, its leadership, products, or of political decisions.

Answer:

Hey mate......

Explanation:

This is ur answer.....

The aim of public relations by a company often is to persuade the public, investors, partners, employees, and other stakeholders to maintain a certain point of view about it, its leadership, products, or of political decisions.

Hope it helps!

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The use of planning techniques is an example of

Answers

Answer:

whats this a part of anyway          

it help with essays & missions thats all i know

Explanation:

On January 1, 2021, the general ledger of 3D Family Fireworks includes the following account balances:Accounts Debit CreditCash $26,700 Accounts Receivable 15,000 Allowance for Uncollectible Accounts $ 3,600 Supplies 3,900 Notes Receivable (6%, due in 2 years) 18,000 Land 80,300 Accounts Payable 8,500 Common Stock 98,000 Retained Earnings 33,800 Totals $ 143,900 $ 143,900 During January 2021, the following transactions occur:January 2 Provide services to customers for cash, $49,100.January 6 Provide services to customers on account, $86,400.January 15 Write off accounts receivable as uncollectible, $3,300.January 20 Pay cash for salaries, $32,800.January 22 Receive cash on accounts receivable, $84,000.January 25 Pay cash on accounts payable, $6,900.January 30 Pay cash for utilities during January, $15,100.The following information is available on January 31, 2021.The company estimates future uncollectible accounts. The company determines $4,300 of accounts receivable on January 31 are past due, and 20% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not past due, and 5% of these accounts are estimated to be uncollectible. (Hint: Use the January 31 accounts receivable balance calculated in the general ledger.)Supplies at the end of January total $950.Accrued interest revenue on notes receivable for January. Interest is expected to be received each December 31.Unpaid salaries at the end of January are $34,900.1) Prepare the journal entries for transactions.2) Choose the appropriate accounts to complete the company's income statement.

Answers

Answer:

3D Family Fireworks

1. Journal Entries for Transactions:

Jan. 2 Debit Cash $49,100

Credit Service Revenue $49,100

To record services rendered for cash.

Jan. 6 Debit Accounts Receivable $86,400

Credit Service Revenue $86,400

To record services rendered on account.

Jan. 15 Debit Allowance for Uncollectible Accounts $3,300

Credit Accounts Receivable $3,300

To record uncollectible written off.

Jan. 20 Debit Salaries Expense $32,800

Credit Cash $32,800

To record payment for salaries expense.

Jan. 22 Debit Cash $84,000

Credit Accounts Receivable $84,000

To record cash collected on accounted.

Jan. 25 Debit Accounts Payable $6,900

Credit Cash $6,900

To record payment on account.

Jan. 30 Debit Utilities Expense $15,100

Credit Cash $15,100

To record utilities expense paid.

Income Statement for the month ended January 31, 2021:

Service Revenue              $135,500

Interest Revenue                    1,080

Total Revenue                 $136,580

Salaries Expense $32,800

Utilities Expense     15,100

Bad Debts Expense 1,060 48,960

Net Income                      $87,620

Explanation:

a) Data and Calculations:

Trial Balance as of January 1, 2021:

                                                                 Debit        Credit

Cash                                                       $26,700

Accounts Receivable                               15,000

Allowance for Uncollectible Accounts                   $3,600

Supplies                                                    3,900

Notes Receivable (6%, due in 2 years)  18,000

Land                                                        80,300

Accounts Payable                                                     8,500

Common Stock                                                       98,000

Retained Earnings                                                  33,800

Totals                                                $ 143,900 $ 143,900

Transaction Analysis:

Jan. 2 Cash $49,100 Service Revenue $49,100

Jan. 6 Accounts Receivable $86,400 Service Revenue $86,400

Jan. 15 Allowance for Uncollectible Accounts $3,300 Accounts Receivable $3,300

Jan. 20 Salaries Expense $32,800 Cash $32,800

Jan. 22 Cash $84,000 Accounts Receivable $84,000

Jan. 25 Accounts Payable $6,900 Cash $6,900

Jan. 30 Utilities Expense $15,100 Cash $15,100

Jan. 31 Adjustments:

Allowance for Uncollectibles:

$4,300 Allowance for Uncollectibles $860 ($4,300 * 20%)

$9,800: Allowance for Uncollectible $490 ($9,800 * 5%)

$14,100 Allowance for Uncollectible $1,350

Allowance for Uncollectibles

Account Titles               Debit    Credit

Beginning balance                    $3,600

Accounts receivable  $3,300

Bad Debts Expense                    1,060

Ending balance             1,350

Interest Receivable $1,080

Interest Revenue $1,080

Service Revenue:

Service Revenue     $49,100

Service Revenue    $86,400

Service Revenue $135,500

g Equipment was purchased for $94700 on January 1, 2021. Freight charges amounted to $3800 and there was a cost of $12000 for building a foundation and installing the equipment. It is estimated that the equipment will have a $25000 salvage value at the end of its 5-year useful life. What is the amount of accumulated depreciation at December 31, 2022 if the straight-line method of depreciation is used

Answers

Answer:

$34,200

Explanation:

Calculation of total Cost of Equipment

Purchase Price                              $94700

Freight charges                              $3800

Foundation and Installation          $12000

Total                                             $110,500

Annual Depreciation = Cost - Salvage Value / Useful Life

                                   = ( $110,500 - $25000) / 5

                                   = $17,100

Accumulated Depreciation = $17,100 x 2 = $34,200

Therefore,

the amount of accumulated depreciation at December 31, 2022 is  $34,200.

You find a zero coupon bond with a par value of $10,000 and 24 years to maturity. The yield to maturity on this bond is 4.6 percent. Assume semiannual compounding periods. What is the price of the bond

Answers

Answer:

Zero-cupon bond= $3,357.14

Explanation:

Giving the following information:

Par value= $10,000

Number of years to maturity= 24*2= 48 semesters

YTM= 0.046/2= 0.023

To calculate the price of the bond, we need to use the following formula:

Zero-cupon bond= [face value/(1+i)^n]

Zero-cupon bond= [10,000 / (1.023^48)]

Zero-cupon bond= $3,357.14

Paparo Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Total Activity Assembly $ 794,300 47,000 machine-hours Processing orders $ 61,280 1,600 orders Inspection $ 109,681 1,430 inspection-hours Data concerning the company's product Q79Y appear below: Annual unit production and sales 500 Annual machine-hours 1,130 Annual number of orders 115 Annual inspection hours 20 Direct materials cost $ 42.00 per unit Direct labor cost $ 41.31 per unit According to the activity-based costing system, the average cost of product Q79Y is closest to:

Answers

Answer:

Unitary costs= $133.38

Explanation:

First, we need to calculate the activities rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Assembly= 794,300 / 47,000= $16.9 per machine-hour

Processing orders= 61,280 / 1,600= $38.3 per order

Inspection= 109,681 / 1,430= $76.7 per inspection-hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Assembly= 16.9*1,130= 19,097

Processing orders= 38.3*115= 4,404.5

Inspection= 76.7*20= 1,534

Total allocated costs= $25,035.5

Finally, the unitary costs:

Unitary allocated costs= 25,035.5/500= $50.07

Unitary costs= 50.07 + 42 + 41.31

Unitary costs= $133.38

It doesn't surprise you at all that Alex is a bit confused by what these activities mean. You explain the following: Cash flows from operations are cash inflows and outflows caused by the restaurant's main business -- selling food and beverages and catering. Cash flows from investing are payments made to acquire long-term assets or cash received from the sale of long-term assets. Cash flows from financing reflect changes in debt, loans, or dividends. You're still getting a blank look from Alex, so you give him a series of examples to help him understand the different categories. Consider each of the following items and determine whether it affects cash flows from operating, investing, or financing, and whether it is a cash inflow or a cash outflow. Then drag and drop that item into the correct bucket and click Submit. 1. The restaurant buys a new 10-burner range and convection oven. 2. You pay off the mortgage on the building. 3. You obtain a short-term loan from the bank. 4. You pay the supplier for a shipment of meat. 5. You sell a used walk-in cooler. 6. A company pays for its catering bill by giving you a check. 7. You send in your quarterly estimated income tax payment. 8. The restaurant buys a new delivery truck to be used in its growing catering business. 9. You incorporate the restaurant and sell shares of stock. 10. You purchase the building next door to the restaurant so you can add more seating area for customers.A. Cash Inflow from Operations B. Cash Outflow from OperationsC. Cash Inflow from InvestingD. Cash Outflow from InvestingE. Cash Inflow from FinancingF. Cash Outflow from Financing

Answers

Answer:

Statement of Cash Flows Activities

1. Investing activity:    D. Cash Outflow from Investing

2. Financing activity:  F. Cash Outflow from Financing

3. Financing activity:  E. Cash Inflow from Financing

4. Operating activity:  B. Cash Outflow from Operations

5. Investing activity:    C. Cash Inflow from Investing

6. Operating activity:  A. Cash Inflow from Operations

7. Operating activity:  B. Cash Outflow from Operations

8. Investing activity:    D. Cash Outflow from Investing

9. Financing activity:   E. Cash Inflow from Financing

10. Investing activity:   D. Cash Outflow from Investing

Explanation:

a) Data and Options:

A. Cash Inflow from Operations

B. Cash Outflow from Operations

C. Cash Inflow from Investing

D. Cash Outflow from Investing

E. Cash Inflow from Financing

F. Cash Outflow from Financing

All the terms are already explained in the scenario.

On June 30, 2020, Pier1 Inc. issued 500 shares of $1 common stock for $15 per share. On June 30, 2020, Pier5 Inc. reacquired 100 shares of common stock at $12 per share and immediately retired the shares. On December 15, 2020, Pier5 Inc. reacquired 200 shares of common stock at $19 per share and immediately retired the shares. By what amount did retained earnings decrease as a result of the reacquisition of common stock on December 15, 2020

Answers

Answer:

DON'T USE THAT LINK ITS A MALWARE SPAM

Liang Company began operations in Year 1. During its first two years, the company completed a number of transactions involving sales on credit, accounts receivable collections, and bad debts. These transactions are summarized as follows. Year 1 Sold $1,349,100 of merchandise (that had cost $981,900) on credit, terms n/30. Wrote off $20,200 of uncollectible accounts receivable. Received $674,200 cash in payment of accounts receivable. In adjusting the accounts on December 31, the company estimated that 2.70% of accounts receivable would be uncollectible.Year 2 e. Sold $1,514,600 of merchandise (that had cost $1,299,000) on credit, terms n/30. f. Wrote off $26,700 of uncollectible accounts receivable. g. Received $1,110,700 cash in payment of accounts receivable. h. In adjusting the accounts on December 31, the company estimated that 2.60% of accounts receivable would be uncollectible. Required: Prepare journal entries to record Liang's Year 1 and Year 2 summarized transactions and its year-end adjustments to record bad debts expense. (The company uses the perpetual inventory system and it applies the allowance method for its accounts receivable.) (Round your intermediate calculations to the nearest dollar.) Complete this question by entering your answers in the tabs below. JE Year 1 JE Year 2 Prepare journal entries to record Liang's Year 2 summarized transactions and its year-end adjustments to record bad debts expense. (The company uses the perpetual inventory system and it applies the allowance method for its accounts receivable.) View transaction list Journal entry worksheet 5 In adjusting the accounts on December 31, the company estimated that 2.60% of accounts receivable would be uncollectible. Note: Enter debits before credits. Transaction General Journal Debit Credit h. Clear entry View general journal Record entry

Answers

Answer:

1). Account receivables A/c Dr. $1,345,000

                 To sales revenue  A/c $1,345,000

(Being the sales revenue is recorded)

Cost of good sold A/c Dr. $975,700

          To merchandise inventory A/c $975,700

(Being the cost is recorded)

2. Allowance for doubtful accounts A/c Dr. $19,400

       To accounts receivable A/c $19,400

(Being the written off is recorded)

3. Cash A/c Dr. $670,800

           To accounts receivables A/c $670,800

(Being cash received is recorded

1. .Account receivable A/c Dr. $1,529,400

                    To sales A/c $1,529,400

(Being the sales revenue is recorded)

Cost of good sold A/c Dr. $1,332,100

          To merchandise inventory A/c $1,332,100

(Being the cost of goods sold  is recorded)

2. Allowance for doubtful accounts A/c Dr. $27,000

        To Account receivable A/c $27,000

(Being the written off amount is recorded)

3. Cash A/c Dr. $1,391,600

            To account receivable A/c $1,391,600

(Being the cash received is recorded)

4. Bad-debts expense A/c Dr. $28,000

(765,600 × 1% + 20,344)

    To allowance for doubtful accounts A/c $28,000

(Being the bad debt expense is recorded)

Working note:

Ending Receivables = (654800 + 1529400 - 27,000 - 1,391,600) = $765,600

Total Receivables of 1st Year = 1,345,000 - 19,400 - 670,800 = $654,800

Before Adjustment Ending Allowance Balance = 65,4800 × 1% - 27,000

= 6,548 - 27,000

= 20,344 Debit BalanceThe journal entries are shown below:

According to the scenario, computation of the given data are as follows:-

Journal Entries for 1st year

1). Account receivables A/c Dr. $1,345,000

                 To sales revenue  A/c $1,345,000

(Being the sales revenue is recorded)

Cost of good sold A/c Dr. $975,700

          To merchandise inventory A/c $975,700

(Being the cost is recorded)

2. Allowance for doubtful accounts A/c Dr. $19,400

       To accounts receivable A/c $19,400

(Being the written off is recorded)

3. Cash A/c Dr. $670,800

           To accounts receivables A/c $670,800

(Being cash received is recorded)

4.  Bad-debts expense A/c Dr. $38,389

(1,345,000-19,400-670,800) × 2.90+ $19,400

          To allowance for doubtful accounts A/c $38,389

(Being the bad debt expense is recorded)

Journal Entries for 2nd year

1. .Account receivable A/c Dr. $1,529,400

                    To sales A/c $1,529,400

(Being the sales revenue is recorded)

Cost of good sold A/c Dr. $1,332,100

          To merchandise inventory A/c $1,332,100

(Being the cost of goods sold  is recorded)

2. Allowance for doubtful accounts A/c Dr. $27,000

        To Account receivable A/c $27,000

(Being the written off amount is recorded)

3. Cash A/c Dr. $1,391,600

            To account receivable A/c $1,391,600

(Being the cash received is recorded)

4. Bad-debts expense A/c Dr. $28,000

(765,600 × 1% + 20,344)

    To allowance for doubtful accounts A/c $28,000

(Being the bad debt expense is recorded)

Working note:

Ending Receivables = (654800 + 1529400 - 27,000 - 1,391,600) = $765,600

Total Receivables of 1st Year = 1,345,000 - 19,400 - 670,800 = $654,800

Before Adjustment Ending Allowance Balance = 65,4800 × 1% - 27,000

= 6,548 - 27,000

= 20,344 Debit Balance

Explanation:

3. Simone is a marketing consultant hired to review the product sales for a new high-end barista machine line. The product line has four variations, selling in four specialty store regions. To clearly show where each variation is selling best and in which regions, she plans to provide a color-scaled chart using percentage by type and location. What is the name of the chart she will be using

Answers

Answer:

heat map

Explanation:

The map that Simone will use will be a Heat map, which is a graph that uses colors for the understanding of the information, that is, according to the color suggested by the map, it is possible to identify patterns that are desired, as in the case of the question above, where each variation sells best and in which regions.

In the heat map, each color corresponds to a value, and this tool is widely used in digital marketing, for understanding customer behaviors on websites, for example.

applicable to Performance Based Logistics (PBL).
Question 1 of 8.
Which of the following provides guidance related to Product Support and Performance Based Logistics (PBL) policies? (Choose three that Apply)
DOD PBL Guidebook: A Guide to Performance Based Arrangements
DoD Instruction 5000.02, Enclosure 6 "Life Cycle Product Support"
DOD Product Support Manager Guidebook
DAG Chapter 4 "Systems Engineering"
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Answers

Answer:

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Explanation:

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Assume an investee has the following financial statement information for the three years ending December 31, 2013:(At December 31) 2011 2012 2013Current assets $310,500 $416,550 $428,205Tangible fixed assets 844,500 861,450 992,595Intangible assets 75,000 67,500 60,000Total assets $1,230,000 $1,345,500 $1,480,800Current liabilities $150,000 $165,000 $181,500Noncurrent liabilities 330,000 363,000 399,300Common stock 150,000 150,000 150,000Additional paid-in capital 150,000 150,000 150,000Retained earnings 450,000 517,500 600,000Total liabilities and equity $1,230,000 $1,345,500 $1,480,800(At December 31) 2011 2012 2013Revenues $1,275,000 $1,380,000 $1,455,000Expenses 1,162,500 1,260,000 1,314,000Net income $112,500 $120,000 $141,000Dividends $37,500 $52,500 $58,500Review of pre-consolidation cost method (controlling investment in affiliate, fair value equals book value)Assume that on January 1, 2011, an investor company purchased 100% of the outstanding voting common stock of the investee. On the date of the acquisition, the investee's identifiable net assets had fair values that approximated their historical book values. In addition, the acquisition resulted in no goodwill or bargain purchase gain recognized in the consolidated financial statements of the investor company. Assuming that the investor company uses the cost method to account for its investment in the investee, what is the balance in the "investment in investee" account in the investor company's preconsolidation balance sheet on December 31, 2013?A. $900,000B. $750,000C. $675,000D. $1,480,800Assume that on January 1, 2011, an investor company purchased 100% of the outstanding voting common stock of the investee. On the date of the acquisition, the investee's identifiable net assets had fair values that approximated their historical book values. In addition, the acquisition resulted in no goodwill or bargain purchase gain recognized in the consolidated financial statements of the investor company. Assuming that the investor company uses the cost method to account for its investment in the investee, what is the balance in the "income from investee" account in the investor company's preconsolidation income statement for the year ended December 31, 2013?A. $141,000B. $82,500C. $58,500D. $112,500Assume that on January 1, 2011, an investor company purchased 100% of the outstanding voting common stock of the investee. On the date of the acquisition, the investee's identifiable net assets had fair values that approximated their historical book values, except for tangible fixed assets, which had fair value that was $150,000 higher than the investee's recorded book value. The tangible fixed assets had a remaining useful life of 10 years. In addition, the acquisition resulted in goodwill in the amount of $300,000 recognized in the consolidated financial statements of the investor company. Assuming that the investor company uses the equity method to account for its investment in the investee, what is the balance in the "income from investee" account in the investor company's pre-consolidation income statement for the year ended December 31, 2013?A. $126,000B. $82,500C. $67,500D. $141,000

Answers

Answer:

1. The balance in the "investment in investee" account in the investor company's preconsolidation balance sheet on December 31, 2013 is:

A. $900,000

2. The balance in the "income from investee" account in the investor company's preconsolidation income statement for the year ended December 31, 2013 is:

B. $82,500

3. The balance in the "income from investee" account in the investor company's pre-consolidation income statement for the year ended December 31, 2013 is:

D. $141,000

Explanation:

a) Data and Calculations:

Financial Statements for the three years ending December 31, 2013:

(At December 31)                            2011                  2012                2013

Current assets                           $310,500         $416,550         $428,205

Tangible fixed assets                  844,500           861,450           992,595

Intangible assets                           75,000             67,500             60,000

Total assets                            $1,230,000      $1,345,500       $1,480,800

Current liabilities                       $150,000         $165,000          $181,500

Noncurrent liabilities                  330,000           363,000          399,300

Common stock                            150,000           150,000           150,000

Additional paid-in capital            150,000           150,000           150,000

Retained earnings                     450,000            517,500         600,000

Total liabilities and equity     $1,230,000      $1,345,500     $1,480,800

(At December 31)       2011              2012              2013

Revenues            $1,275,000   $1,380,000    $1,455,000

Expenses               1,162,500     1,260,000        1,314,000

Net income            $112,500      $120,000         $141,000

Dividends               $37,500       $52,500          $58,500

Income retained for the current year                 $82,500

Retained income for year 2012                           517,500

Retained income for year 2013                       $600,000

Common stock                                                    150,000

Additional paid-in capital                                    150,000

Total equity                                                      $900,000

In its first month of operations, Literacy for the Illiterate opened a new bookstore and bought merchandise in the following order: (1) 400 units at $7 on January 1, (2) 600 units at $10 on January 8, and (3) 930 units at $11 on January 29. Assume 1,130 units are on hand at the end of the month. Calculate the cost of goods available for sale, cost of goods sold, and ending inventory under the (a) FIFO, (b) LIFO, and (c) weighted average cost flow assumptions. Assume perpetual inventory system and sold 800 units between January 9 and January 28. (Round your intermediate calculations to 2 decimal places.)

Answers

Answer:

(a) FIFO

Cost of Goods Sold  = $6,800

Ending Inventory  = $12,230

(b) LIFO

Cost of Goods Sold  = $7,400

Ending Inventory  = $11,630

(c) weighted average cost

Cost of Goods Sold  = $7,040

Ending Inventory  = $11,990

Explanation:

Perpetual inventory method ensures that cost of sales and inventory value is determined after each and every transaction.

FIFO

This method assumes that the units to arrive first, will be sold first. This means the cost of sales is based on the earlier (old) prices and inventory valuation is based on recent (later) prices.

Cost of Goods Sold = 400 x $7 + 400 x $10 = $6,800

Ending Inventory = 200 x $10 + 930 x $11 = $12,230

LIFO

This method assumes that the units to arrive last , will be sold first. This means the cost of sales is based on the recent (later) prices  and inventory valuation is based on earlier (old) prices.

Cost of Goods Sold = 600 x $10 + 200 x $7 = $7,400

Ending Inventory = 200 x $7 + 930 x $11 = $11,630

Weighted Average Cost Method

A new unit cost is calculated with each and every purchase made. This new unit cost is then used to determine the cost of goods sold and the value of inventory.

New Unit Cost - 8 jan = (400 x $7 + 600 x $10) ÷ 1,000 = $8.80

New Unit Cost - 29 jan = (200x $8.80 + 930 x $11) ÷ 1,130 = $10.61

therefore,

Cost of Goods Sold = 800 x $8.80 = $7,040

Ending Inventory = 1,130 x $10.61 = $11,990

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