Sheridan Co.'s balance sheet shows $8,915,321, including commercial savings, checking, money market, travel advances, and currency.
To compute the amount of cash and cash equivalents, we consider the balances in various accounts and funds.
The commercial savings account and commercial checking account balances at First National Bank of Yojimbo, totaling $1,545,800, are included as cash.
The money market fund account balance of $5,404,400 held at Volonte Co. is considered a cash equivalent since the company can write checks against this balance.
Travel advances of $185,100 and a petty cash fund of $1,360 are also considered part of the cash balance.
However, the restricted cash fund of $1,497,700 for debt retirement and outstanding 1. O.U.
from a customer of $166,900 are not readily available for general use and therefore not included in the cash balance. The bank overdraft of $112,800 is subtracted from the cash balance as it represents a negative amount.
The two certificates of deposit totaling $515,400 are not considered cash equivalents since they have a maturity of 120 days.
Lastly, the check dated January 12, 2026, in the amount of $122,180 is not included as it is post-dated and falls outside the reporting period. The currency and coin on hand of $7,061 are part of the cash balance.
By summing up these components, the total cash and cash equivalents reported on Sheridan Co.'s balance sheet on December 31, 2025, is $8,915,321.
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16) In addition to owner-supplied capital, what are several other sources of financing for
a small business?
Answer:
Some financing options for a small business:
-you can get bank loan
-angel investor
-government grant (shown below as well)
-business incubator
-Small Business Administration (SBA) - For this financing option, manufacturing companies with 500 employees or fewer, and most non manufacturing businesses with average annual receipts under $7.5 million, will qualify as a small business.
-equity financing (funding given in exchange for partial ownership and future profits)
-debt financing (can be in the form of installment loans, revolving loans, and cash flow loans)
Explanation:
All of these examples of financing options are good to delve into, if you are interested in getting the funds needed to get your small business off the ground.
Help me please ASAP.
your answer is D because i took the test a couple of days back
How do you define marketing? What are the four foundations of marketing and how do they fit into your definition? Based on your definition of marketing, what purpose does marketing have in the free enterprise system? Explain and provide a concrete example.
Explanation:
Marketing is profitably using the results of studying short term and long term needs of those who can pay for a one-time, or in most cases, a steady flow of service or product placement. In 2017 The New York Times described it as "the art of telling stories so enthralling that people lose track of their wallets.[1]
It is one of the primary components of business management and commerce.[2] Marketers can direct their product to other businesses (B2B marketing) or directly to consumers (B2C marketing).[3] Regardless of who is being marketed to, several factors apply, including the perspective the marketers will use. Known as market orientations, they determine how marketers will approach the planning stage of marketing.[4]
The marketing mix, which outlines the specifics of the product and how it will be sold,[5][6] is affected by the environment surrounding the product,[7] the results of marketing research and market research,[8][9] and the characteristics of the product's target market.[10] Once these factors are determined, marketers must then decide what methods will be used to promote the product,[3] including use of coupons and other price inducements.[11]
The term marketing, what is commonly known as attracting customers, incorporates knowledge gained by studying the management of exchange relationships[12][13] and is the business process of identifying, anticipating and satisfying customers' needs and wants.
Answer:
The free-market systems bring both of these because it allows us to make our own economic decisions as individuals. In the beginning, when some countries gained ground in the time that others had only just started, the free market wasn’t free.
I appreciate the fact that we have the freedom to come up with new ideas for consumers. A free-market economy is self-regulating and responds efficaciously to rapidly changing conditions.
then impact of risky behaviour on one's well-being by referring to social,emotional,physical and spiritual
Refer to the graph. Which area indicates a surplus?
(A)
(B)
(C)
(D)
Answer:
D
Explanation:
Find the present value of $12,075 if money was invested at 7.2% compounded continuously for
8 years, 9 months.
The present value of $12,075 is $22672.14 if the money is invested at 7.2% compounded continuously for 8 years and 9 months.
The formula for continuously compounded interest is obtained by computing the limit of this formula as n approaches infinity (according to the notion of continuous compounding):
Continuously compound interest formula
\(A = Pe^{rt}\)
A - Amount
P - Principal
r - Rate
t - Time
P = $12075
r = 7.2 % = 7.2/100 = 0.072
t = 8 years 9 months
= 8 + 9/12 years
= 8 + 0.75
= 0.75 years
A = 12075 × \(e^{(0.072 * 0.75)}\)
= 12075 × \(e^{0.63}\)
= 12075 × 1.87761
= 22672.1408 $
So, the final amount is $22672.14
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risks of not knowing in advance how much labor time will be needed throughout the budget period includes
The risks of not knowing in advance how much labor time will be needed throughout the budget period are significant for organizations. These risks can include:
1)Cost overruns: If labor costs exceed the budgeted amount, the organization may need to find additional funds to cover the difference. This can impact the organization's financial stability and may result in the need to cut back on other areas of the budget.
2)Reduced productivity: If labor time is not properly estimated, employees may be overworked or underutilized. This can lead to reduced productivity, increased turnover, and decreased morale.
3)Missed deadlines: If labor time is not properly estimated, projects may take longer than anticipated to complete. This can result in missed deadlines and lost opportunities for the organization.
4)Inaccurate forecasting: If labor time is not properly estimated, it can be difficult to accurately forecast future labor needs. This can impact the organization's ability to plan for future growth or to make strategic decisions.
5)Inefficient resource allocation: If labor time is not properly estimated, resources may be allocated inefficiently. This can result in wasted time and money, as well as missed opportunities to leverage resources more effectively.
Overall, not knowing in advance how much labor time will be needed throughout the budget period can have significant implications for an organization. It is important for organizations to carefully estimate labor needs and to monitor and adjust these estimates throughout the budget period in order to minimize risks and ensure successful outcomes.
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The fact that a particular advertisement might not cause a consumer to make an immediate purchase is referred to as:.
If there is a scenario where an advertisement will not cause a consumer to immediately purchase the good, this is the lagged effect.
What is the lagged effect?As the term suggests, it refers to an effect of advertising that is not immediately noticed on the consumer.
This means that the consumer might not immediately make a purchase after they see an advertisement, but they will still make a purchase at a later date thanks to that advert they saw remaining in their minds.
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When setting your premium, your car insurance company may consider each of the following EXCEPT
How many miles you drive per year
Your age
Your driving record
Your height
Your auto insurance company may take into account each of the following factors, excluding height, when determining your premium.
An insurance agreement (policy) is a contract whereby an insurer consents to reimburse another party for losses caused by particular risks or catastrophes. Private insurance come in a variety of types. Life, health, homebuyers, and auto insurance are the most common varieties. The cost, policy limit, and premium are the three main elements that make up the majority of insurance contracts. The essential premise behind insurance is also that one party—the insurer—will commit to a monetary commitment to cover a future catastrophe that is uncertain. In the meantime, another party—the insured or policyholder—pays the insurer a lower premium in interaction for that security against that hazy future event.
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Jay asks his friends for advice: "Should I start doing mobile banking now that I've got my new smart phone?" Which friend is correct in their statement on the benefits of mobile banking?
The benefits of mobile banking include Convenience, time saving, Easy to monitor, Bank on the go and many more.
What is mobile banking?Mobile banking is the act of making financial transactions on a mobile device (cell phone, tablet, etc.). Advantages to mobile banking include the ability to bank anywhere and at any time.
Mobile banking typically uses an app that is provided by the financial institution for this purpose. Mobile banking is available on a 24-hour basis and is often dependent on the availability of an internet or data connection to the mobile device.
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You can compute a company's "net income" by
subtracting income tax from
A. net worth
B. sales tax
C. gross sales
Using the 7/70 method, a person with an $80,000 annual income should purchase how much life insurance?
Group of answer choices
$392,000
$700,000
$490,000
$49,000
$7 million
Answer: $392,000
Explanation:
For the 7/70 method, one has to multiply the annual income by 70%. After the value is gotten, then we multiply the value gotten by 7 again.
Since the annual income is $80,000 l, the amount of life insurance that should be bought should be:
= ($80,000 × 70%) × 7
= ($80,000 × 0.7) × 7
= $56,000 × 7
= $392,000
Woolworth's Co. offers a bonus to its employees based on the company's annual profit. The amount of the bonus for this year is estimated at $32,500 to be paid in January of the following year. The journal entry required on December 31 to record the bond is:
Select one:
a. Debit Unearned Bonuses $32,500; Credit Bonus Payable $32,500
b. Debit Employee Bonus Expense $32,500; Prepaid Employee Bonus credit $32,500
c. Debit Estimated Bonus Payable $32,500; Cash credit $32,500
d. Debit Employee Bonus Expense $32,500; Credit Bonus Payable $32,500
e. You do not have to make an entry in December because the bonus will be paid in January of the next year
The correct journal entry required on December 31 to record the bonus is: d. Debit Employee Bonus Expense $32,500; Credit Bonus Payable $32,500
The entry records the expense related to the estimated bonus for the year and establishes a liability in the form of a bonus payable to the employees. The debit to Employee Bonus Expense recognizes the expense incurred by the company, and the credit to Bonus Payable establishes the liability for the amount owed to the employees. This entry is made in December to reflect the expense and liability in the appropriate accounting period, even though the payment will be made in January of the following year.
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Name the choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing.
The choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing includes the time, energy, and space
What is the meaning of Choreography?In art, a choreography means the way in which an idea is expressed physically through dance. When developing this concept, the users usually relies on important principles of organization to ensure that the idea takes a clear, appropriate, and aesthetically pleasing form.
These are principles that comprises the basic ingredients for the dancers' movements and patterns and help the choreographer utilize space, express intention and the music, and organize the dancers.
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armond earned $10,000 of profit from a sole proprietorship in 2022. if he also has $150,000 of salary income, how much self-employment tax will he owe?
Self-employment tax is only 2.9% of 92.35% if he also has $150,000 of salary income.
What is the best way to define employment?The state of holding a paid job—of being employed—is most commonly referred to as employment. To hire someone is to compensate them for their labor. Employees are given jobs by employers. The term "employment" can also refer to the action of hiring someone, as in We're trying to hire more women.
What does employment serve as?A report used for hiring, promoting, reassigning, or keeping a person on staff is referred to as one used for employment purposes. Employment purposes include determining whether a person should be hired, promoted, demoted, reassigned, given a pay raise, or kept on as an employee.
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The Sailfish County authorized issuance of $10,000,000, 4 percent regular serial bonds in 20X0 for construction of a new library. The bonds mature in
The bonds will mature over a period of time, and the maturity date will depend on the terms of the bond agreement.
The Sailfish County has authorized the issuance of $10,000,000, 4 percent regular serial bonds in 20X0 for the purpose of constructing a new library. These bonds are expected to mature over a specific period of time, which is the time frame within which the principal amount of the bond along with the interest must be paid off.
The maturity date of these bonds will depend on the terms of the bond agreement. The maturity date is the date on which the principal amount of the bond must be repaid. This means that the bondholders will receive the full amount of their investment on this date. The interest payments will continue until the maturity date.
The term "regular serial bonds" means that the bonds are scheduled to mature in installments over a period of time. This allows the issuer to spread out the repayment of the principal over several years, which helps to reduce the overall financial burden on the issuer. In this case, the bonds will likely mature over a period of 10-20 years.
In summary, the Sailfish County has authorized the issuance of $10,000,000, 4 percent regular serial bonds in 20X0 for the purpose of constructing a new library. The bonds will mature over a period of time, and the maturity date will depend on the terms of the bond agreement.
The regular serial bond structure allows for the repayment of the principal amount to be spread out over several years, which reduces the financial burden on the issuer.
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Which one of the following is a common term for the market consensus value of the required return on a stock?A. Dividend payout ratioB. Intrinsic valueC. Market capitalization rateD. Plowback ratio.
The correct answer is C. Market capitalization rate is a common term for the market consensus value of the required return on a stock.
Market capitalization rate is also known as the "discount rate" or "required rate of return" and is used in determining the present value of a company's future cash flows. It represents the rate of return that investors require to invest in a particular stock, given its risk level and other factors.
Option A, the dividend payout ratio, is a measure of the percentage of earnings paid out to shareholders as dividends and is not related to the required return on a stock.
Option B, intrinsic value, is the perceived or calculated value of an asset based on fundamental factors, such as its earnings potential, cash flow, and other financial metrics. While it is related to the market consensus value of a stock, it is not a common term used to describe the required return on a stock.
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If this type of manager withdraws too much, it can sometimes result in a lack of productivity, cohesion, and employee satisfaction.
A) none of the above
B)autocratic
C)democratic
D)laissez-faire
The following is the trial balance of kencho sales located in Tabs, Thimphu as on 31st December 2019.You are required to prepare financial statements as at 31st December 2019.
Which of these was a cause of the savings and loan crisis?.
Federal deposit insurance, which was extended to S&Ls in 1934, was the foundation reason behind the S&L crisis. Deposit insurance was actuarially unsound from its origination, primarily as a result of all S&Ls being charged constant payment rates notwithstanding however safe or risky they were.
A brief summary of insolvencies within the S&L trade between 1980 and 1982, caused by traditionally high-interest rates, is followed by a review of the federal regulative structure and superior atmosphere for S&Ls. The savings and loan crisis of the Nineteen Eighties and Nineties was the failure of 747 savings and loan associations.
As a result of the savings and loan crisis, Congress passed the money establishments Reform, Recovery, and social control Act of 1989 (FIRREA), which dramatically modified the savings and loan trade and its federal regulation.
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An international business is a firm that
Part 2
A. hires non-U.S. citizens.
B. produces a wide range of products.
C. is not from the United States.
D. engages in international trade or investment.
Option D: An international business is a firm that engages in international trade or investment.
Therefore, the correct answer is option D. An international business is a company that conducts business across national borders. This can include importing and exporting goods, investing in foreign markets, and operating in multiple countries.
It is not necessarily defined by the nationality of its employees, the range of products it produces, or the country in which it is headquartered. International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.
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A private securities transaction exists when a representative:
OA makes a trade from his personal account.
OB.is selling away.
OC has a joint account with a family member,
OD is engaged with an outside business.
A private securities transaction exists when a representative is selling away. The the transactions must be authorized by the parties involved, executed properly and reported to the appropriate authorities.
What do you mean by securities transaction?
Securities transactions involve buying and selling securities such as stocks, bonds, mutual funds and derivatives. The transactions involve the transfer of ownership from one party to another and are typically executed through a brokerage firm or a bank. Transactions may be executed over the counter or electronically through a variety of trading platforms. The transactions are subject to market forces, regulations and laws, as well as other factors that may influence the price of the security. Securities transactions can be done for various reasons, such as for investments, hedging and speculation. Regardless of the reason, the transactions must be authorized by the parties involved, executed properly and reported to the appropriate authorities in order to ensure compliance with the applicable regulations.
So, The correct option is B.
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When the Fed conducts open market purchases from banks, interest
rates:
A) fluctuate randomly.
B) remain constant.
C) decrease.
D) increase.
When the Federal Reserve conducts open market purchases from banks, interest rates decrease. This is because open market operations involve the purchase of government securities from banks in exchange for reserves.
In turn, banks have more reserves, which allows them to make more loans. With more funds available to lend, interest rates will decrease to encourage borrowing and spending in the economy. As a result, businesses and individuals are able to obtain loans at a lower cost.
This stimulates economic growth and can help to combat inflation. The opposite effect occurs when the Federal Reserve conducts open market sales, where government securities are sold to banks in exchange for reserves. This reduces the amount of reserves available to banks, making it harder for them to lend and causing interest rates to increase. Therefore, the correct option is C) decrease.
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Select the guidelines you should follow when creating a business letter
Write dearly and concisely
Use a font, size, and style that is lang
Eliminate mistakes,
Use informal language like you would if you were writing a disse friend,
Remain polte even when dealing with a dispute,
Answer:
Write clearly and concisely Use a font, size, and style that is suitableEliminate mistakes.Remain polite even when dealing with a disputeExplanation:
Business letters are meant to use formal language because they are to serve as official communication between the parties involved. As such, writing should be clear and concise which means it should be straight to the point.
Use a font, size and style that is suitable and will be taken seriously for instance, Times New Roman and Arial are widely used as they project professionalism. There should be no mistakes which means the letter should be proofread and even when dealing with disputes, politeness should be maintained as emotive writing is not to be featured in formal writing.
Answer:
Eliminate mistakes.
Write clearly and concisely.
Remain polite even when dealing with a dispute.
Explanation:
The other two are wrong. I put "use a font, size, and style that is fancy," and I got it wrong.
an assembly line has 10 stations with times of 1, 2, 3, 4, …, 10, respectively. what is the bottleneck time?
the bottleneck time is 10
Due to that
There are 10 stations with the following process times: 1, 2, 3, 4, ..... 10.
We must determine when the bottleneck occurs.
Consequently, as we are aware, the bottleneck is the activity's duration for those who have more time.
The 10 hence has the longest duration of active time given the situation.
The same must be taken into account.
A bottleneck is a congested area in a production system that causes the system to halt or move very slowly. Temporary bottlenecks are frequently brought on by workers who are absent due to illness or vacation. Long-term bottlenecks are a common occurrence in the manufacturing process and are frequently caused by ineffective machinery or procedures.
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What aspect of starting a company does sales NOT play a role in?
Building a team
Pitching investors
O Press and publicity
Selling your product
O None of the above; sales plays a role in all areas
Answer:
A-building a team?
Explanation:
just a guess, because the rest besides none of the above makes sense, A and E are the ones making me feel like one of the other is the right answer
Option A. Building a team.
What role does sales play in your company?Sales play an important role in building loyalty and trust between customers and the company. Trust and loyalty are the main reasons customers recommend your business to friends and family and write great reviews of your products and services online.
Sales increase business value. It's no secret that a business can't grow without sales. In fact, if a company's total sales do not generate more revenue than the cost of its expenses, then the company is more likely to fail.
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Question 15 Multiple Choice Worth 5 points)
(03.03 MC)
Martha received her credit report and sees that her FICO score is 350. Which factor could be the cause?
She filed for bankruptcy last year.
O She has two credits cards with low balances.
She has a long credit history.
She has used several types of credit.
The reason why Martha's credit report has such a low FICO score could be because She filed for bankruptcy last year.
What happens to credit scores when bankruptcy is filed?When a person files for bankruptcy as Martha did last year, they are protected from their creditors and often pay back less than they owe.
As a result, it reduces their credit score because creditors would be less trusting of them in future.
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Nonmanufacturing costs include ______.
insurance on plant equipment
assembly-line worker wages
company president's salary
sales commissions
Nonmanufacturing costs, also known as non-production costs, are expenses that are not directly associated with the production of goods or services. These costs are typically divided into two categories: selling expenses and general & administrative (G&A) expenses.
In the given options, "insurance on plant equipment" and "assembly-line worker wages" are not considered nonmanufacturing costs, as they are directly related to the production process. Insurance on plant equipment is a production cost associated with the maintenance and protection of the equipment, while assembly-line worker wages are a part of direct labor costs in the manufacturing process.
On the other hand, the "company president's salary" and "sales commissions" are examples of nonmanufacturing costs. The company president's salary falls under the G&A expenses category, as it is an indirect cost associated with the overall management and administration of the organization. Sales commissions are part of selling expenses, as they are costs incurred in promoting and selling products or services to customers.
In conclusion, nonmanufacturing costs include the company president's salary and sales commissions, while insurance on plant equipment and assembly-line worker wages are considered manufacturing or production costs. These distinctions are crucial for understanding and managing an organization's financial performance and cost structure.
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What is the effect of credit card interest on the real cost of items?
Answer:
Credit card interest rates, also known as finance charges, vary from one card issuer to another and may also vary across different credit cards from the same issuer. Before getting a credit card, you must be aware of the interest rate charged on it. Unlike other loans, credit card interest rates are usually not linked to the user’s credit score and repayment capacity. Every credit card has a preset finance charge and it will be the same for all the customers.
The most important point to note here is that interest is charged on credit cards only if you have not paid the outstanding amount in full or withdrawn cash from ATMs using the credit card. No interest is charged when you clear your credit card dues on time.
What is the hazard? Chris works for a city public works department. One hot afternoon the temperature outside reached 92 degrees. While Chris was shoveling dirt in a vacant lot, he started to feel dizzy and disoriented. He fainted due to the heat.
Answer: dehydration
Explanation:
Answer:
dehydration and heat exhaustion.
Explanation:
I hope this helps! :)