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3 years ago

7

Canon began as a camera-making company but has since become a company that produces a wide range of office equipment in addition

to cameras. Canon’s managers evidently believe in growth through:

1 answer:

UkoKoshka [18]3 years ago

5 0

Answer:

Canon’s managers believe in Diversity growth.

good luck

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Prepare journal entries for each transaction and identify the financial statement impact of each entry.

madam [21]

Answer:

Cash (Dr.) $21,200

Common Stock (Cr.) $21,200

Cash (Dr.) $4,500

Services to client (Cr.) $4,500

Cash (Dr.) $11,200

Unearned Revenue (Cr.) $11,200

Cash (Dr.) $5,900

Accounts Receivable (Cr.) $5,900

Cash (Dr.) $11,000

Notes Payable (Cr.) $11,000

Explanation:

Adams services may record these transactions as journal entries. The transactions may have some changes after they are recorded then adjusting entries will be prepared to reflect the correct effect of transaction on business activities.

7 0

3 years ago

If we were able to invest a Gradient = $100 at the end of each year for 7 years at 6% interest (i.e., So at the end of year 1, $

zavuch27 [327]

Answer:

We can withdraw an equivalent annuity of $ 293.658 each year.

Explanation:

We build a scheduled table to know the future value of the gradient investment

Time Beg Gradient Total Rate Ending

1 $100.00 $100.00 $100.00 0.060 $106.00

2 $106.00 $100.00 $206.00 0.060 $218.36

3 $218.36 $200.00 $418.36 0.060 $443.46

4 $443.46 $300.00 $743.46 0.060 $788.07

5 $788.07 $400.00 $1,188.07 0.060 $1,259.36

6 $1,259.36 $500.00 $1,759.36 0.060 $1,864.92

7 $1,864.92 $600.00 $2,464.92 0.060 $2,612.81

Then, we solve for the equivalent annuity-due:

$PV \div \frac{1-(1+r)^{-time} }{rate}(1+rate) = C\\$

PV 2,613

time 7

rate 0.06

$2612.81 \div \frac{1-(1+0.06)^{-7} }{0.06}(1+0.06) = C\\$

C $ 293.658

Itis annuity due as we will going to retire cash in a 6 year period for seven times. (at each year-end during 6 years thus, annuity-due

1st 2nd 3rd 4th 5th 6th 7th

/-------/-------/-------/-------/-------/-------/-------/

1 2 3 4 5 6 7

3 0

3 years ago

Now suppose the U.S. government does not know the demand curve for pollution and, therefore, cannot determine the optimal tax to

vladimir1956 [14]

https://www.chegg.com/homework-help/questions-and-answers/power-stations-emit-sulfur-dioxide-waste-product-generates-cost-society-paid-firm-therefor-q7518299

4 0

3 years ago

Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $47,7

LenaWriter [7]

Answer:

$41,650

Explanation:

Contribution margin is the net of sales and variable costs.

Contribution Margin:

Division A = $47,700

Division B = $231,000 x 35% = $80,850

Company calculates the Net Income after deducting The traceable and common fixed costs from the total contribution margin.

Total contribution margin = $47,700 + $80,850 = $128,550

Net Income = Total contribution margin - Traceable Fixed Expense - Common Fixed expenses

$27,200 = $128,550 - $59,700 - Common Fixed expenses

$27,200 = $68,850 - Common Fixed expenses

Common Fixed expenses = $68,850 - $27,200 = $41,650

4 0

3 years ago

1. The classical dichotomy and the neutrality of money The classical dichotomy is the separation of real and nominal variables.

Archy [21]

Answer:

These two options represent nominal values:

-The price of a beignet is $3.00 in 2011.

-Maria's wage is $27.00 per hour in 2011.

They are expressed in monetary value without taking into account inflation, or without being represented in terms of something else.

This option represents real value:

-The price of a beignet is 0.33 paperback novels in 2011.

The price of a beignet, nominally $3.00 is being expressed in relation to the price of something else: paperback novels, whose nominal price is $9.00.

In other words, in real terms, a beignet costs a third of what a paperback novel costs.

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3 years ago