Gains from Trade - End of Chapter Problem Large airlines sometimes engage in fuel hedging as a way to avoid wild changes in jet fuel prices. To fuel hedge, an airline purchases a futures contract from an oil company that states they will purchase a set quantity of jet fuel at a specific price in the future regardless of what the actual market price is in the future. a. The value of the hedge will when the price of jet fuel is higher. This is because there is more benefit for a company to protect from by locking in a low price now if the expectation is that jet fuel will be in the future. b. Southwest Airlines is known for its long-term hedging strategy that has allowed it to remain profitable even in the toughest times. The company was able to shield itself from higher fuel prices by purchasing fuel hedges even when prices were expected to be in the future. When jet fuel prices were actually much higher, the hedging kept their low and helped keep Southwest profitable.

The answer is only option (a) and (c).

a. opening mail daily and making a detailed list of checks received and

c. the amount of total sales to customers

The common controls over cash receipts are:

a. Opening mail daily and making a detailed list of checks received

b. Depositing all cash and checks intact and promptly

c. Using pre-numbered receipts

Therefore, the answer is only option (a) and (c). Option (b) is not a common control over cash receipts; it is actually the opposite of a control since reducing the amount of total sales to customers would result in understating the amount of cash received.

learn more about cash receipt: https://brainly.com/question/30237257

#SPJ1

An executive would benefit from the insights provided by operations management systems software in the scenario where: d.  they want to know why it is taking longer to manufacture their product.

Operations management systems software is designed to help organizations manage their production and manufacturing processes, optimize resources, and improve efficiency. It provides real-time data and insights into various aspects of the production process, including inventory management, supply chain management, and production scheduling.

Therefore, in the scenario where an executive wants to know why it is taking longer to manufacture their product, operations management systems software can help identify bottlenecks and inefficiencies in the production process, allowing the executive to make data-driven decisions to improve productivity and reduce costs.

Learn more about operations management systems software here:https://brainly.com/question/30654499

#SPJ1

Franchising involves a binding contractual agreement between a firm and another firm or individual whereby the business name and format have already been developed by the originating firm.

A franchise (or franchising) is a method of distributing products or services that involves a franchisor, who establishes the brand's trademark or trade name as well as a business system, and a franchisee, who pays a royalty and, in many cases, an initial fee for the right to do business under the franchisor's name and system.

The "franchise" technically refers to the contract that binds the two parties, but it is more commonly used to refer to the actual business that the franchisee operates. The practice of developing and distributing a brand and franchise system is known as franchising.

Read more about franchising

brainly.com/question/16826168

#SPJ1

Rowan's inventory turnover is 3.39.

An inventory turnover refers to the rate that inventory stock is sold, or used, and replaced. The inventory turnover ratio is calculated by dividing the cost of goods by average inventory for the same period.8

To calculate Rowan's inventory turnover, we need to divide the cost of goods sold by the average inventory.

Average inventory can be calculated as (beginning inventory + ending inventory) / 2.

Beginning inventory = $680,000

Ending inventory = $715,000

Average inventory = ($680,000 + $715,000) / 2 = $697,500

Cost of goods sold = Net purchases + Beginning inventory - Ending inventory

Cost of goods sold = $2,400,000 + $680,000 - $715,000 = $2,365,000

Inventory turnover = Cost of goods sold / Average inventory

Inventory turnover = $2,365,000 / $697,500

Inventory turnover = 3.39

Read more about inventory turnover

brainly.com/question/30657161

#SPJ1

Several terms and phrases associated with income statement presentation and the statement of cash flows can be matched as :

a.  An other comprehensive income item ; (Unrealized holding gain on investments)

b. Starts with net income and works backwards to convert to cash (Indirect method)

c.  Reports the cash effects of each operating activity directly on the statement. (Direct method)

d. Correction of a material error of a prior period. (Prior period adjustment)

e. Related to the external financing of the company.(Financing activities)

f. Associates tax with income statement item(Intraperiod tax allocation)

g. Total nonowner change in equity. h. Related to the transactions entering into the determination of net income. (Comprehensive Income)

h. Related to the transactions entering into the determination of net income.(Operating activities)

i. Related to the acquisition and disposition of long-term assets. Required disclosure for publicly traded corporation. ((Operating activities)

k. A component of an entity (A discontinued operation)

Directly related to principal revenue-generating activities. (Operating Income)

An income statement displays the revenues, costs, and profitability of a business over time. It is also sometimes referred to as an earnings statement or a profit-and-loss (P&L) statement. It displays your sales revenue for goods and services. expenses for running your firm and generating money.

Learn more about cash at:

https://brainly.com/question/24179665

#SPJ1

While the equilibrium price cannot be forecast, the equilibrium quantity will undoubtedly increase. The answer is option (a).

When demand and supply are equivalent or nearly equal, the price to the consumer of a product or service at the market rate, sometimes referred to as the equilibrium price, happens. The consumer is free to access as many copies as they like, and the producer or vendor is allowed to move as many units as they desire.

At a certain price, quantity demanded and amount provided are equal, and only at that moment can equilibrium be reached. A higher supply at a given price will indicate surplus supply, and a higher demand will indicate excess demand.

To know more about equilibrium price, visit:

https://brainly.com/question/22569960

#SPJ1

The group marketing director for ointments at American Therapeutic was debating pricing and marketing options for two $500,000 products. $2,700,000 and $1,350,000, respectively.

A good that is sold for production or consumption in its natural state is called a commodity. It is also known as a primary good or flagship ingredient. Examples of commodities include crude oil, coal, copper, iron ore, raw diamonds, and agricultural goods like wheat, coffee, and cotton; On commodity markets, they are frequently traded.

A secondary good that comes out of a manufacturing process, industrial process, or chain reaction is called a by-product. It is not the primary product or service being produced.

                                       Rash-Away                               Red-Away

Selling Price Per Unit        2.00                                              1.00

Variable Cost                    1.40                                       0.25 Per Unit

Contribution                       0.60                                            0.75

No.of units                        1,000,000                                 1,500,000

Total contribution                600,000                                 1,125,000

A.

Advertisement cost                150,000                                 150,000

Incremental sales /units         150,000 / .060  

(Advertisement cost/Contribution per unit)     150,000/.75        

                                                250,000 units                     200,000 units

Incremental Dollar sales                250,000 X 2                  200,000 X 1

(Units sales X Selling price)              $500,000                     $200,000

B.

The required additional sales funds will be for each $1 increase in advertising costs.

                          Rash-Away                                   Red-Away

                             2.00/0.60                                     1/0.75

                                 = 3.33                                        = 1.33

                                              Rash-Away                               Red-Away

Selling price per / unit                   1.80                                         0.90

Variable cost                                  1.40                                         0.25

Contribution per unit                      0.40                                         0.65

Total contribution                        600,000                               1,125,000

Required

No. of units necessary to be sold 600,000/.40                   1,125,000/.65

(Contribution required/ contribution

Per unit) =                                          1,500,000                              1,500,000

Sales in dollars          1,500,000 X 1.80                            1,500,000 X 0.90

(Units X Selling Price Per unit) = $2,700,000                      = $1,350,000

Learn more about products :

brainly.com/question/22852400

#SPJ1

Order tickets must be prepared prior to entry of the order and  Once an order has been executed, no alterations are permitted to the ticket unless a manager approves are true regarding order tickets.

Option B is correct.

It is necessary to complete the order tickets promptly. Consequently, they must be completed prior to or simultaneously with the order's placement and execution. After the fact, brokers are not permitted to fulfill orders or issue tickets.

The following is typically included in a deal ticket: the security's name, the type of transaction, the duration of the order, the quantity, the price, the commission, the names of the parties involved, and the date and time of the transaction.

A registered representative fills out an order memorandum or order ticket, which identifies, among other things: the security, amount, customer, and account number for which the order is being entered, as well as the type of purchase or sale.

Learn more about order tickets:

brainly.com/question/29932331

#SPJ1

The PBS tools would you as a project manager likely prefer if you are managing a medium-to-large software development project.

Development is a process that fosters enlargement, advancement, and good change in the economic, situation, social, and sociology aspects without depleting the environment's natural assets. All projects must need approval.

The concept of a PBS is integral to the PRINCE2 methodological investigation. The origins of PRINCE can be followed back to the UK in the 1970s.

The PBS is a hierarchic structure of things that the projection will make or outcomes that it will deliver. It disintegrates a Main Project Product into its component parts in the form of a hierarchical structure.

Therefore, The right option (C) is correct.

Learn more about development here:

https://brainly.com/question/28011228

#SPJ1

Calculation of Direct Labor Used:

Direct labor cost = Factory payroll - Indirect labor used

Direct labor cost = $250,000 - $57,500

Direct labor cost = $192,500

Journal Entry:

Work in Process Inventory $192,500

Factory Wages Payable $192,500

Recording of Indirect Labor Used:

Journal Entry:

Factory Overhead $68,500

Factory Wages Payable $68,500

Calculation of Factory Overhead:

Direct Labor Cost = $192,500

Predetermined Overhead Rate = 55% of Direct Labor Cost

Factory Overhead Applied = Direct Labor Cost x Predetermined Overhead Rate

Factory Overhead Applied = $192,500 x 55%

Factory Overhead Applied = $105,875

Underapplied Overhead = Actual Overhead - Factory Overhead Applied

Underapplied Overhead = $95,000 - $105,875

Underapplied Overhead = ($10,875)

Note: Since there is underapplied overhead, it will be closed to Cost of Goods Sold at the end of the period.

Recording of Raw Materials Purchases:

Journal Entry:

Raw Materials Inventory $195,000

Accounts Payable $195,000

Recording of Other Overhead Costs:

Journal Entry:

Factory Overhead $95,000

Accounts Payable $95,000

Transfer of Costs from Raw Materials to Work in Process:

Journal Entry:

Work in Process Inventory $44,000

Raw Materials Inventory $39,000

Raw Materials Inventory $44,000 - $39,000 = $5,000

Transfer of Costs from Work in Process to Finished Goods:

Journal Entry:

Finished Goods Inventory $19,100

Work in Process Inventory $19,100

Transfer of Costs from Finished Goods to Cost of Goods Sold:

Journal Entry:

Cost of Goods Sold $53,000

Finished Goods Inventory $53,000

Closing of Underapplied Overhead to Cost of Goods Sold:

Journal Entry:

Cost of Goods Sold $10,875

Factory Overhead $10,875

Note: Underapplied overhead is closed to Cost of Goods Sold at the end of the period

Learn more about Job order here

https://brainly.com/question/28111453

#SPJ1

The correct answer is (c) Jethro recognizes $1,000 income because of the settlement. Sales Tax is a form of tax paid to a governing body for the sale of goods and services.

A sales tax is a charge made to a governing body when specific goods and services are sold.

Generally speaking, laws permit sellers to charge customers taxes at the moment of purchase.

It is typically referred to as an usage tax when a tax on goods or services is paid by consumers directly to the governing body.

Laws often provide excise and use tax exemptions for certain goods or services, such as: For example, food, education, pharmaceuticals, etc.

Sales tax is connected to the Value Added Tax (VAT) levied on products and services.

For the main differences, see Comparison with consumption tax. Retail sales tax is levied on the sale of goods to the final consumer and is levied each time the goods are sold at retail outlets.

Sales to companies who later resell the goods are not taxed.

Buyers who are not final consumers typically receive a "resale certificate" from the tax authority and must present that certificate (or its ID number) and a statement to the seller that the item is for resale at the time of purchase.

Otherwise, tax will be charged on items sold to purchasers without such authorization who are subject to the jurisdiction of the tax authorities.

To know more about sales tax, visit:-

https://brainly.com/question/29751934

#SPJ1

Accounts receivable can be classified in different ways, depending on various criteria. Some common ways to classify accounts receivable include .

Trade and non-trade receivables: Trade receivables are amounts owed to a company by its customers for the sale of goods or services. Non-trade receivables are amounts owed to a company by other parties, such as employees, tax authorities, or insurance companies.

Current and non-current receivables: Current receivables are amounts that are expected to be collected within one year, while non-current receivables are amounts that are expected to be collected beyond one year.

Secured and unsecured receivables: Secured receivables are backed by collateral, such as property or inventory, while unsecured receivables are not.

Factored and non-factored receivables: Factored receivables are those that a company sells to a third party, known as a factor, in exchange for cash. Non-factored receivables are those that a company keeps on its balance sheet and collects directly from its customers.

Gross and net receivables: Gross receivables are the total amounts owed to a company by its customers, while net receivables are the amounts owed to a company after deducting allowances for bad debts or other adjustments.

Past due receivables: These are accounts receivable that are not paid within the payment terms agreed with the customer. Generally, receivables that remain unpaid for a specified number of days are considered past due.

Overall, classifying accounts receivable can help a company better understand its outstanding balances and identify areas where it may need to improve its collection efforts.

Learn more about receivable​ here

https://brainly.com/question/27962122

#SPJ9

Except for introducing an additional private-label product, all alternatives would be acceptable. (Choice b)

A house brand, also known as a private label or private-label trademark, is a product line sold by one firm in competition with products from other companies. Goods sold under a company's own brand but produced by an outsider known as a private label producer are referred to as "private label." In those other words, the business that markets and sells the product is distinct from the business that really manufactures it. One of the most well-known private label brands in the world is Costco's house brand.

To know more about private-label visit:

https://brainly.com/question/22985543

#SPJ1

It does not necessarily mean that Green Bay is more profitable.

While the gross profit of a company is a measure of profitability, it is not the only measure of profitability. Other factors, such as expenses, taxes, and other costs, can affect a company's overall profitability.

For example, Green Bay Company may have had higher expenses than New England Company, which would reduce its overall profitability even though it had a higher gross profit. Similarly, New England Company may have had lower expenses or a more favorable tax rate, which could increase its overall profitability despite its lower gross profit.

Therefore, without considering other factors that impact profitability, it would be incorrect to conclude that Green Bay is more profitable than New England solely based on their gross profits.

learn more about gross profit: https://brainly.com/question/21637154

#SPJ1

Garcia Company recognizing revenue on account will affect both the income statement and the balance sheet. The income statement will show an increase in revenue, and the balance sheet will show an increase in accounts receivable (an asset account) since the company has not yet received cash for the revenue earned.

Yang Company recognizing accrued salary expense will affect both the income statement and the balance sheet. The income statement will show an increase in expenses, specifically the salary expense recognized, and the balance sheet will show an increase in accrued expenses (a liability account) since the company owes employees for the accrued salary.

If Adam Company recognizes $3,000 of accrued salary expense in Year 1 and then pays the expense in Year 2, this will not affect the amount of salary expense recognized in Year 2. It will, however, decrease the amount of liabilities shown on the Year 2 balance sheet since the accrued salary expense liability has been paid.

Therefore, the correct answer is "decreases the amount of liabilities shown on the Year 2 balance sheet."

Learn more about liabilities from

https://brainly.com/question/14921529

#SPJ1

Macroeconomic models can be used to analyze the impact of different economic measures, such as monetary and fiscal policies, on the South African economy. By using these models, policymakers can better understand how different policy measures may impact the economy and make more informed decisions.

Consumers want to know how simple it will be to find a job, how much it will cost to buy products and services on the market, or how much it may cost to borrow money. Macroeconomists attempt to anticipate economic conditions to assist consumers, businesses, and governments in making better decisions.

The IS-PC-MR model (Investment Saving-Price Level- Monetarist Rule) is a macroeconomic model that shows the relationship between the real output of an economy, the price level, and the interest rate.

The WS-PS model (Wage-Setting-Price-Setting) is a macroeconomic model that examines the relationship between wages, prices, and employment. It shows how changes in wages and prices affect the level of employment in an economy.

The AD-ERU-BT model (Aggregate Demand-Exchange Rate-Unemployment and Balance of Trade) is a macroeconomic model that shows the relationship between aggregate demand, exchange rates, unemployment, and balance of trade.

Learn more about macroeconomics here:

https://brainly.com/question/30044582

#SPJ9

A. Investor expectations for reduced cash flow per share in the future could be a logical explanation for the declining price-to-cash-flow ratio at Adorable Camel Woodcraft Company.

The change in the amount of money that a business, institution, or individual has is known as cash flow (CF). The expression is used in finance to describe the amount of money (currency) generated or spent over a given time frame. There are many different types of CF, and they have a wide range of useful uses in conducting financial research and running enterprises.

It's important to understand each type of cash flow because there are many different ones. When someone refers to "CF," you should make careful to ask them to clarify which type of cash flow they mean because they could be referring to any of the other words.

Learn more about cash flows with the help of the given link:

brainly.com/question/27994727

#SPJ1

Both Oak industries and Maple Industries will have same pre-determined overhead rate and both the firms allocate overhead on the basis of machine hours.

A predetermined overhead rate is the rate at which manufacturing overhead is applied to work-in-process inventory. Before the period begins, the predetermined overhead rate is calculated.

The pre-determined overhead rate is calculated as follows:-

Predetermined overhead rate = Estimated overhead/Estimated machine hours

Oak industries

= 449,680/204,400

= 2.20 per machine hour

Maple industries

= 467,720/212,600

= 2.20 per machine hour

Therefore, both the firms will have same pre-determined overhead rate.

To learn more about pre-determined overhead rate, click here:

https://brainly.com/question/15105566

#SPJ1

GDP per capita is a measure of the total output of goods and services produced by a country per person.

Gross Domestic Product (GDP) is a measure of the total market value of all goods and services produced within a given country in a given period of time. It is one of the most important indicators of a nation's economic health, as it reflects the total value of all goods and services produced, including consumer and government spending, investments, and exports less imports. GDP is typically calculated by adding up the value of all goods and services produced within a nation's borders and subtracting the value of all imported goods and services. GDP is used to determine the overall size of an economy, the rate of economic growth, and the level of economic development.

The growth formula is used to calculate the future value of a current value based on a given rate of growth.
In this example, the current value is $63,000 and the rate of growth is 0% and 2%. The formula used to calculate the future value is future value = current value x (1 + growth rate).
Future value for 0% growth is $63,000 multiplied by (1 + 0%) to equal $63,000.
For 2% growth, the future value is $63,000 x (1 + 2%) = $70,560.

To learn more about GDP
https://brainly.com/question/30109042
#SPJ1

according to the 42.9 dollars provided. Selling 70 chair to an IT business is Veronica's objective for her forthcoming sales call.

The registration phase involves the following steps, which are all necessary: Association Memorandum: The owners of the company must sign a memorandum of agreement (MoA). A public business must have a minimum number of seven members, but a private firm just needs 2.

60 regular chairs

140 executive charis

Now the total in sales is:

Regular sales: $6,000

Executive chairs: $23,800

The variable cost of each is:

Regular chairs: $3720

Executive chairs: $17,500

We total the sales and deduct the whole variable cost:

29,800-21,220=8,850

The total contribution margin is equal to $8850.

After dividing the overall ability margin by the quantity of units sold, the net profit per unit is obtained:

8850/200= 42.9

Hence, the profitability per unit is $42.9.

To know more about company visit:
https://brainly.com/question/30532251

#SPJ1

Note that:

A) To optimize production, Brandon Technology should produce 16,500 units of the High-Performance model and 33,000 units of the Standard model annually.

B) Brandon Technology should produce 27,500 units of the High-Performance model and 66,000 units of the Standard model annually.

a) To determine the optimal production levels for each model, we need to calculate the contribution margin per unit and the machine hours required for each model.

The contribution margin per unit for the Standard model is $800 ($1,600 - $800) and for the High-Performance model is $1,000 ($2,500 - $1,500).

The machine hours required per unit for the Standard model is 0.5 hours and for the High-Performance model is 1.5 hours.

Based on the machine capacity of 8,250 hours, we can produce a maximum of 16,500 units of the High-Performance model (8,250/1.5) and 33,000 units of the Standard model (8,250/0.5).

Therefore, Brandon Technology should produce 16,500 units of the High-Performance model and 33,000 units of the Standard model annually.

b) Following the same approach as in part a, the contribution margin per unit for the Standard model is $800 ($1,600 - $800) and for the High-Performance model is $1,000 ($2,500 - $1,500).

The machine hours required per unit for the Standard model is 0.5 hours and for the High-Performance model is 1.5 hours.

Based on the machine capacity of 8,250 hours, we can produce a maximum of 27,500 units of the High-Performance model (8,250/1.5) and 66,000 units of the Standard model (8,250/0.5).

Therefore, Brandon Technology should produce 27,500 units of the High-Performance model and 66,000 units of the Standard model annually.

Learn more about Optimal Production:
https://brainly.com/question/28239382
#SPJ1

True. Gabrielle utilizes the analytical style of management, which emphasizes data-driven decision making and open communication.

Management is the process of organizing and controlling the activities and resources of an organization in order to achieve its goals. It consists of four main functions: planning, organizing, leading, and controlling. Planning involves setting goals and deciding how to achieve them. Organizing involves coordinating resources and activities to meet goals. Leading is the process of motivating and directing employees to achieve goals. Finally, controlling involves monitoring performance and making adjustments to ensure that goals are met. Management is a complex process that requires knowledge, skill, and expertise. It is essential for any business or organization to be successful. Good management helps ensure that resources are used efficiently and effectively, and that objectives are achieved.

To learn more about management

https://brainly.com/question/1276995

#SPJ1

The collapse of Thomas Cook in September 2019 was a result of various factors, including its failure to stay competitive with newer and more flexible travel companies, low-cost airlines and online travel services. Furthermore, political instability in countries such as Turkey, as well as the heatwave of 2018 and Brexit, contributed to the company's woes. In addition, Thomas Cook faced insurmountable debt, with several ill-advised deals and a drastic weakening of the pound due to Brexit. The company had raised £425 billion from shareholders in 2013, but this was insufficient to pull it out of the red. Despite securing a £900-million funding package in August 2019, an eleventh-hour request from creditor banks for a further $200 million in contingency funding to sustain them during the quieter winter months precipitated the collapse of the deal and the company itself. The impact of the collapse was significant, with the UK Civil Aviation Authority repatriating 140,000 UK-based Thomas Cook customers who were still abroad, and On the Beach, the online travel agent that was booking around 15% of its customers onto Thomas Cook flights, experiencing a 26% drop in profits for the year to September. The collapse of the world's oldest travel firm should be felt across much of Europe, and its failure highlights the importance of companies staying competitive and adaptable in a rapidly changing business environment.

The false statement regarding prime broker-dealers is "d) prime broker-dealers cannot lend to their institutional clients."

Prime broker-dealers are businesses in the financial industry that offer a variety of services to institutional clients, including hedge funds, mutual funds, pension funds, and other big investors. Among these services are trade execution, lending and financing of securities, clearing and settlement, and risk management.

In addition to consolidating their positions and giving access to a range of financial products and services, prime broker-dealers serve as a single point of contact for their institutional clients. Prime broker-dealers work to improve portfolio management, lower costs, and increase returns for institutional clients by providing a range of services.

Prime broker-dealers typically register with regulatory organisations like the Financial Industry Regulatory Authority (FINRA) in the United States and are subject to stringent regulatory requirements in order to maintain the security and stability of their business operations.

To learn more about brokers visit here:

https://brainly.com/question/28346099

#SPJ1

We used the method of elimination to find that it costs $1.10 more to make a large candle than a small candle. This problem demonstrates how we can use algebra to solve real-world problems involving multiple variables.

Let's use the method of elimination to solve this problem. We know that the cost to make 3 large candles and 5 small candles is $6.90, and the cost to make 4 large candles and 6 small candles is $8.90. We can subtract the first equation from the second equation to eliminate the small candles and find the cost of making one large candle as follows:

(4 large candles + 6 small candles) - (3 large candles + 5 small candles) = $8.90 - $6.90

1 large candle + 1 small candle = $2.00

1 large candle = $2.00 - 1 small candle

Now we can substitute the expression for 1 large candle into the first equation to eliminate the large candles and find the cost of making one small candle as follows:

3 large candles + 5 small candles = $6.90

3($2.00 - 1 small candle) + 5 small candles = $6.90

$6.00 - 3 small candles + 5 small candles = $6.90

2 small candles = $0.90

1 small candle = $0.45

Therefore, the cost of making one large candle is:

1 large candle = $2.00 - 1 small candle

1 large candle = $2.00 - $0.45

1 large candle = $1.55

And the cost of making one small candle is:

1 small candle = $0.45

So, the difference between the cost of making one large candle and one small candle is:

$1.55 - $0.45 = $1.10

Therefore, it costs $1.10 more to make a large candle than a small candle.

For more such questions on costs

https://brainly.com/question/25109150

#SPJ4

Emergency response is a set of focused steps that deal primarily with the safety and state of the people from the organization who are involved in the disaster.

Any plan for disaster management must include emergency response as a key element. It refers to a series of deliberate actions designed to guarantee the security and wellbeing of members of an organization who are involved in a disaster.  Depending on the kind and extent of the disaster, the reaction may vary, but it usually entails a well-planned and coordinated effort involving a number of stakeholders, including emergency services, local government, and volunteers. The assessment of the situation, communication channel creation, evacuation of the affected areas, provision of emergency medical services, and other vital services, as well as the start of recovery operations, are important components of emergency response.

To learn more about emergency visit here:

https://brainly.com/question/28433446

#SPJ1

Here, we need to know how much, if any, Regina may deduct for relocation expenses on her 2021 tax return. moving expenses deduction is $455.

Any expense that is deemed "ordinary, necessary, and reasonable" and aids in the revenue generation of a firm is tax deduction. Usually, it is subtracted from the business's income before taxes.

sl.no particulars                 amount

1         Gasoline                            $470

2         renting a truck             $262

3         tow trailer                     $108

4         metal loading                       $324

5         temporary storage cost         $191

6          total eligible moving expenses $1355

7          total reimbursement         $900

8          net moving expenses         $455

moving expenses deduction = total eligible moving expenses -  total reimbursement

                                                      =  ($470 + $262 + $108 + $324 + $191)

                                                                                             - $900                                                                  

                                                      = $1355 - $900

                                                      = $455

moving expenses deduction = $455

To know more about tax deduction, visit:

https://brainly.com/question/24744888

#SPJ1

Adjusting entries are necessary at the end of the accounting period to update the accounts and ensure that they reflect the true financial position of the company.

Equipment depreciates at a rate of $588 per month, and there are three months in the current quarter (January to March). Depreciation costs for the quarter are as follows: $588 per month x 3 months = $1,764

The adjustment is as follows:

$1,764 was spent on depreciation.

$1,764 in Equipment Accumulated Depreciation

Unearned Rent Revenue: A quarter's worth of unearned rent money, or $26,040 divided by two, equals $13,020. The adjustment is as follows:

$13,020 in unearned rent income

$13,020 in rental income

There are $1,785 worth of supplies on hand. The adjustment is as follows:

Supply Cost $4,515 Supply Cost $4,515

Calculation:

Amount of supplies on hand (given): $1,785

Purchasing supplies cost $6,300 minus $1,785 equals $4,515.

Supply cost: $4,515 (Supplies purchased) Original supply cost of $6,300 less ($1,785) (negative, as we have excess supplies on hand)

In order to correct the Supplies account, the entries are Supplies Expense (Debit) $4,515 and Supplies (Credit) $4,515.

Prepaid insurance: From April to December, there are nine months of coverage, which equates to a total expiration of $7,560 at the cost of $840 per month. The adjustment is:

$2,500 spent on insurance

Insurance paid up front $2,520

Prepaid insurance given equals $7,560 in calculations.

Insurance lapsed; $840 per month times three months (Jan. to March); $2,520.

Insurance Expenditure (Debit) $2,520 and Prepaid Insurance (Credit) $2,520 are the entries to change the Prepaid Insurance account.

$1,785 in Credit/Debit Supplies Prepaid Insurance 5,040 Assets 52,500 Accumulated Equipment Depreciation $19,404 Notes Due 840 Unearned Rent Revenue Payable 42,000 Interest Payable 13,020 Rent Revenue: 139.020 Interest Cost: 840 Supply Cost: 4.515 Insurance Cost: 2.520 Salary and Wages Cost: 29.400

To learn more about accounts visit here:

https://brainly.com/question/22917325

#SPJ1

The statement When working with a Power Pivot-driven PivotTable you can use the Slicer tool or the Filter to filter data is :- True

When working with a Power Pivot-driven PivotTable in Microsoft Excel, you can use the Slicer tool or the Filter to filter data.

The Slicer tool allows you to create a visual filter that you can use to quickly and easily filter data in your PivotTable based on specific criteria.

The Filter function allows you to filter data in your PivotTable based on specific criteria using the filter drop-down menus that appear next to each field in the PivotTable.

Therefore the statement is true.

Learn more about Power Pivot-driven  PivotTable here:https://brainly.com/question/30087051

#SPJ1