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ra1l [238]
2 years ago
6

What is a realistic goal

Business
2 answers:
Paha777 [63]2 years ago
6 0

Answer: a SMART goal

Explanation:

igomit [66]2 years ago
5 0

Answer:

Getting higher grades, keep room clean, save money for a specific item.

Explanation:

A realistic goal is a goal that is achievable and within your reach.

You might be interested in
The following are the 20X2 transactions of the Midwest Heart Association, which has the following funds and fund balances on Jan
abruzzese [7]

Answer:

Midwest Heart Association

1. Journal Entries:

1. Debit Pledges Receivable $700,000

  Credit Pledges Revenue $700,000

To record unrestricted pledges received.

1. Debit Uncollectible Expense $56,000

  Credit Allowance for Uncollectibles $56,000

To record 8% of uncollectible pledges.

2. Debit Temporarily restricted net assets $150,000

   Credit Pledges Receivable $150,000

To record receipt of restricted use grants.

3. Debit Unrestricted net assets $520,000

   Credit Pledges Receivable $520,000

To record current pledges collected

3. Debit Allowance for Uncollectible $26,000

   Credit Uncollectible Expense $26,000

To record the write-off of $30,000 remaining uncollected pledges.

4. Debit Office Equipment $15,000

   Credit Unrestricted net assets $15,000

To record the purchase of office equipment

5. Debit Building Mortgage $3,000

   Credit Unrestricted net assets $3,000

To record the payment of mortgage on buildings.

6. Debit Unrestricted net assets $27,200

   Debit Temporarily restricted net assets $5,400

   Credit Interest and dividends Revenue $32,600

To record the receipt of interest and dividends.

6. Debit Permanently restricted net assets $1,000

   Debit Unrestricted net assets $5,000

   Credit Sale of Endowment Investment $6,000

To record the sale and gain of endowment investments.

7. Debit Depreciation Expense:

  Community services $ 12,000

  Public health education $7,000

  Research $10,000

  Fundraising $15,000

  General and administrative $9,000

Credit Accumulated Depreciation $53,000

To record depreciation expense for the year.

8. Debit Other expenses:

 Community services $ 250,600

 Public health education $100,000

 Research $81,000

 Fundraising $39,000

 General and administrative $61,000

Credit Unrestricted net assets $531,600

To record other expenses.

Debit Clerical services expense $2,400

Credit Donated clerical services $2,400

To record the receipt of donated clerical services.

b. Statement of Activities for the year ended December 31, 20X2:

Revenue:

Pledges                                  $700,000

Interest and dividends              32,600

Sale of Endowments                   6,000   $738,600

Depreciation expense:

  Community services           $ 12,000

  Public health education        $7,000

  Research                              $10,000

  Fundraising                          $15,000

  General & administrative      $9,000       53,000

Other expenses:

 Community services        $ 250,600

 Public health education     $100,000

 Research                               $81,000

 Fundraising                          $39,000

 General and administrative $61,000      531,600

Clerical services expense                          $2,400

Change in net assets                              $151,600

Explanation:

a) Data and Calculations

1. Unrestricted net assets

Beginning balance           $ 281,000

Pledges receivable            520,000        

Office equipment                (15,000)

Building mortgage               (3,000)

Interest and Dividends       27,200

Sale of Endowment              5,000

Other expenses              (531,600)

Ending balance             $278,600

2. Temporarily restricted net assets

Beginning balance            $ 87,000

Restricted use grants      $150,000

Interest and Dividends          5,400

Ending balance               $242,400

3. Permanently restricted (endowment) net assets

Beginning balance          $ 219,000

Gain from Endowment           1,000

Ending balance               $220,000

b) Midwest Heart Association's Statement of Activities is the financial statement that shows the revenues and expenses of the association, including the change in net assets during a period.  It is like the income statement of a profit-making entity that shows revenue and expenses.  While the excess in revenue over expenses is called net income for a profit-making entity, it is called change in net assets for a non-profit-making organization like Midwest Heart Association.

5 0
3 years ago
Which of the following most correctly demonstrates the opportunity cost of
Svetllana [295]

The opportunity cost of choosing to live in a rural area instead of an urban area is the accessibility to greater choices which is in terms of entertainment, food, and shopping. Thus, statement B is correct.

<h3>What do you mean by opportunity cost?</h3>

In microeconomic theory, the opportunity cost of a particular activity alternative is the loss of price or advantage that could be incurred through engaging in that activity, relative to engaging in an alternative activity providing a better return in value or advantage.

The opportunity cost of choosing to live in a rural area instead of an urban area is the accessibility to greater choices in terms of entertainment, food, and shopping. Thus, statement B is correct.

Learn more about Opportunity cost here:

brainly.com/question/1549591

#SPJ1

3 0
1 year ago
The type of scarcity in the cartoon?​
o-na [289]
Economic cartoons is your answer
8 0
3 years ago
You’ve just received a complaint from your best customer that her set of 50 new sensors is overheating and she wants her money b
olga2289 [7]

Answer:

The correct answer is letter "B": This is an ethical dilemma because both the customer and the company have legitimate concerns.

Explanation:

An ethical dilemma is situation that entails an apparent mental conflict between moral legitimate concerns, in which one would transgress another. These concerns can be refuted in different ways, for instance by showing that the alleged ethical dilemma is only apparent and does not actually exist, or that the solution to the ethical dilemma involves choosing the greater good and the lesser evil.

5 0
3 years ago
Tamarack Company purchased a plant from one of its suppliers. The $1,000,000 purchase price included the land, a building, and f
timama [110]

Answer

<h3>The total purchase price allocated to land, building, and machinery accounts is $140,840, $509,707 and $355,453 respectively.</h3>

<h3>Explanation</h3>

<h3><em>Calculation of Total purchase price</em></h3>

  • Total purchase price = purchase price + legal fee        

                                   = 1.000.000 + 6.000

                                   = 1.006.000  

Allocation of the total purchase price to the land, building, and machinery accounts in Tamarack Company’s record:

  • Land = Total purchase price * (Assesed Value of Land / Total Property       Assessed Value)

= 1.006.000 * (126.000 / 900.000)

= 140.840

  • Building = Total Purchase Price * (Assesed Value of Machinery / Total Property Assessed Value)

Building =  1.006.000 * (318.000 / 900.000) = 355.453,3

<h3>Thus, the total purchase price allocated to land, building, and machinery accounts is $140,840, $509,707 and $355,453 respectively.</h3>

4 0
3 years ago
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