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soldi70 [24.7K]
3 years ago
7

Why is it important to honor veterans

Business
2 answers:
Umnica [9.8K]3 years ago
8 0
According to reference.com "It is important to continue honoring veterans because it is a way of acknowledging the sacrifices they have made while serving their country. Without the service of veterans, Americans may not have the freedoms they do today."
hoa [83]3 years ago
7 0
Becuese our men and woman fout for our contry and diyed
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Parkside pool reports net sales of $625,000, gross profit of $275,000, and net income of $15,000. the company's cost of goods so
taurus [48]
The company's cost of good sold is $350,000. The cost of good sold is a cost which directly attributed to the inventory sold by a company. Gross profit is a portion of income which created by the selling of inventory ignoring other expense besides the cost of good sold. From the company's data, we can find the cost of good sold by finding the difference between net sales and gross profit, therefore the formula we have to use is "Cost of good sold = Net sales - gross profit".
4 0
3 years ago
On January 1, 2021, Robertson Construction leased several items of equipment under a two-year operating lease agreement from Jam
Bezzdna [24]

Answer:

Journal Entry

Explanation:

The Journal Entry is shown below:-

Annual interest rate = 4% (Semi annual is 2%)

Lease period = 2 years (4 semi annual lease terms)

Present value of periodic lease payment = Lease payment × PVAF (r,n)

= $40,000 × PVAF (2%,4)

= $40,000 × 3.8077

= $152,308

1. Right of use asset Dr,     $152,308

            To Lease payable              $152,308

(Being Beginning of lease is recorded)

2. Interest expenses Dr,     $3,046

(2% × ($152,308 - 0))

   Lease payable Dr,          $36,954

             To cash                                $40,000

(Being lease and interest payment is recorded)

3. Amortization expense Dr,      $36,954

($40,000 - $3,046)

            To right of use assets               $36,954

(Being amortization on the right to use of assets is recorded)

4. Interest expense Dr,                 $2,307

(($152,308 - $36,954) × 2%)

Lease payable Dr,                        $37,693

          To Cash                                         $40,000

(Being lease and interest payment is recorded)

5.  Amortization expense Dr,      $37,693

($40,000 - $2,307)

         To right of use assets                   $37,693

(Being amortization on the right use assets is recorded)

7 0
4 years ago
Will Mark as Brainliest!!! +40 extra points Spending money on medical expenses is part of this expenditures approach for calcula
mr_godi [17]

Answer A

Explanation:

8 0
3 years ago
Four roommates are planning to spend the weekend in their dorm room watching old movies, and they are debating how many to watch
gulaghasi [49]

Answer:

See the five answers below.

Explanation:

The roommates are debating how many movies they should watch.

This is the constraint; given that they have to pay to rent each movie.

<u>PART (A)</u>

Since their dormitory room is the 'cinema', meaning that it's just going to be 4 of them and a private good that they'll pay for; then the showing of a movie is not a public good!

Public goods are those general utilities usually provided by governments, for their citizens; e.g. public defense, clean drinking water, good roads, etcetera.

<u>PART (B)</u>

Given the 'willingness to pay' constraint, we need to find the optimal number of movies they can watch. It costs $8 to rent a movie, no matter how interesting it is or how much satisfaction the viewers derive from it. So the cost of the 1st film = the cost of the 2nd film = the cost of the 3rd film = the cost of the 4th film = the cost of the 5th film.

To get the total amount they're willing to pay for all 5 movies, sum up!

(10+9+6+3) + (9+7+4+2) + (8+5+2+1) + (7+3+0+0) + (6+1+0+0)

KEY: This arrangement should remind you of the law of diminishing marginal utility. The more movies they watch in one sitting or over a weekend, the less satisfaction they derive from the intangible commodity. Hence, the less they are willing to pay for more of the commodity.

So the sum is 28 + 22 + 16 + 10 + 7  =  83

Now to get the number of movies they should rent if they wish to maximize their total spending, divide the total willingness to pay by the cost for a movie:

83/8 = 10.375

Rounding up to the nearest whole number or in reality, that's 10 movies.

<u>PART (C)</u>

Suppose the roommates choose to rent this optimal number of movies - which is higher than the intended number of movies - and then split the cost equally, what will each roommate pay?

Here, we will use the approximated value 10.

10movies  x  $8  =  $80

Splitting the cost equally, divide by 4

$80 ÷ 4  = $20

This figure is just in obedience to the question's requirements which says the bill must be shared equally. In actual fact, some of the four roommates don't have a purchasing power or willingness that is up to $20! That's Felix and Larry.

<u>PART (D)</u>

Complete the given table by inputing each roommate's total willingness to pay for the 5 movies and the surplus each person obtains from watching the movies. Remember to assume that Van is the same person as Raphael.

Also, total cost for 5 movies is 8 x 5 = $40

Dividing this by 4, you have $10 per roommate. So a surplus would be the excess of each roommate's TWTP over $10.

                      <u>  TWTP($)          CS($)</u>

VAN                    40                   30

CARLOS             25                    15

FELIX                  12                      2

LARRY                 6                      -4

<u>PART (E)</u>

If the cost is divided up based on the benefits (remember how the price for movie was static despite the movie and satisfaction received by each viewer? That's about to change) or satisfaction each roommate receives, the practical problem with this 'solution' is that each roommate has an incentive to reduce the value of the movies to him; and this can only be measured by the efficient number (the number that rates the value each roommate derives from each movie). In this case, the incentive is the window given to each roommate to 'not tell the truth' about their level of satisfaction from watching each movie, because that would mean a higher bill for the individual.

KUDOS!

4 0
3 years ago
Your first morning in your new office, you reflect on what type of manager and leader you hope to be. Which of the following bes
d1i1m1o1n [39]

Answer:

a. Employees are more loyal and productive if they feel that their leader is admirable, caring, and ethical.

Explanation:

Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Some types of power expressed by leaders are referent power, legitimate power, coercive power, etc.

Generally, leaders use their powers to get other people to follow them. Some forms of power result from a formalized position in the organization while others are derived from personal characteristics or knowledge.

Basically, when a leader possesses and favors referent power (strong interpersonal relationship skills with subordinates), he or she would have a strong and productive working relationship with his subordinates (employees) because it encourages loyalty.

Hence, employees are more loyal and productive if they feel that their leader is admirable, caring, and ethical.

3 0
3 years ago
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