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3 years ago

Journalize the following transactions of Trapper Jonâ€™s Productions. Assume 360 days in a year.

Business

1 answer:

Sindrei [870]3 years ago

4 0

Answer:

Explanation:

To record note received

On June 23. Debit Credit

Notes Receivable $48,000

Accounts receivable for Radon ExpressCo $48,000

interest revenue = $48,000 x 8%x 90/360

To record dishonored note

On September 21st Debit Credit

Accounts receivable for Radon Co $48,960

Notes Receivable $48,000

Interest Revenue $960

Interest Revenue $48,960 x 10%x 30/360 = $408

Journal to record Cash Received

October 21 Debit Credit

Cash $49,368

Accounts Receivable for Radon Express Co $48,960

Interest $408

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Bryce co. sales are $914,000, variable costs are $498,130, and operating income is $196,000. what is the contribution margin rat

elixir [45]

Sales: $914,000

Variable Costs: $498,130

Operating Income: $196,000

Contribution Margin Ratio = ?

Formula:

Contribution Margin Ratio = (Sales – Variable Costs) / Sales

Solution:

Contribution Margin Ratio = ( $914,000 - $498,130) / $914,000

Contribution Margin Ratio = 45.5% (Answer)

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3 years ago

What is an important part of taking meeting minutes?

Makovka662 [10]

An important part of taking meeting minutes is C. PAYING CLOSE AND CAREFUL ATTENTION.

A meeting minutes can be described as a log of chronological event within the meeting. It is a log wherein everything that happened during the meeting is noted. Like who led the meeting, the topics discussed, the questions raised and the answers given. It also records the plans for future discussions and resolutions reached during the meeting.

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3 years ago

How have embedded computers and the IoT impacted your daily life? What additional uses can you see yourself using? What security

Zigmanuir [339]

NOTE: Before discussing the impacts of embedded computers and the IoT, first, let me briefly explain what both of them are in simple words (without any complex jargon) for a better understanding.

Embedded computers are the programmable controllers (or loosely speaking, chips) designed to perform specific or dedicated tasks within a device. They take input (from sensors etc.), process it in a predefined steps (or instructions) and give an output.

The IoT, on the other hand, is the Internet of Things. It is the system of interconnected things that can communicate with one another directly over the network (internet). The word Things in the IoT incorporates an array of objects ranging from devices like digital and security cameras, wearable watches, GPS navigation systems, washing machines, refrigerators to buildings and even cities.

All in all, embedded computers enable the things with the automation capabilities, while the IoT empowers those things with the communication abilities.

(1) Impacts of Embedded Computers and the IoT

In the current era, almost all devices around us have embedded computer(s). Not only that, many of those devices have an ability to connect to the Internet through WiFi. The impacts of embedded computers and the IoT together can easily be understood by the some of the examples, as follows:

Nowadays, we have smart washing machines that not only be able to rinse, wash and dry clothes automatically, economically and efficiently—thanks to the embedded computers—but they can also be controlled remotely or can also send a notification to a mobile phone by the virtue of the IoT. It saves our energy (by automatically washing the clothes), our money (by efficiently using the detergent), resources (by rinsing and washing the clothes with the amount of water required—water conservation) and our time (by being controlled remotely or by sending a notification on a mobile phone when it’s done instead of us checking up its progress every ten minutes or so). In the past, however, laundry used to be done manually, which was not only a time consuming and tiring task, but it was also an ineffective way for the resource conservation.
Finding a nearby cab is now in the palm of our hands. Modern cab service providers, via their mobile applications, share the location of their cabs, in which the GPS navigation system (consists of GPS module and the embedded computer(s), connected with the internet). Hence, without any hassle, a nearby cab can be arranged and also at any time. The same applies on the most, modern bus services. Before that, one had to be physically on the road to find the cab with no surety of getting one. Now, beforehand, you can book your ride.
Smart door locking systems and smart security cameras inside or outside homes are able to notify the authorities or to the owners in the case of intrusion, and, thus, making lives and possessions safe and secure. Previously, although security cameras and locking systems were there, they couldn’t communicate with other devices (like mobile phones) remotely. A person had to be physically in the house to see the camera feed or to hear the intrusion alarm.
Embedded computers and the IoT is revolutionising the quality of life in terms of health. The IoT based smart-bands or watches can continuously monitor the blood pressure and heart rate in real time through the IoT based devices with embedded computers connected with the sensors. In the case of emergency, those IoT based devices send a notification to the emergency contacts. In the past, there was no way of checking your ECG at home—let alone the question of automatically sending ECG report to the emergency contacts.

In a nutshell, embedded computers and the IoT have impacted our daily lives in a meaningful and constructive way.

(2) Additional Uses

Well, this part of the question cannot be answered in a generic way; therefore, let me give you my opinion on that.

I am seeing myself using the IoT based learning devices like Google Nest thermostat. It uses machine learning to automatically set the optimal temperature of the home.

Ease: To change the temperature, there is no need to be physically there where the thermostat is installed.

Saving: It automatically turns off when there is no person in the home, which is a big plus for saving some extra bucks.

Furthermore, I can see myself using the smart IoT based weight machine that would warn me to stop getting out of shape based on my weight; in the case of non-compliance, it would send my weight as a post to all of my social media accounts. ;)

(3) Security or Other Risks

The privacy would be the major concern (and could be compromised with the usage of IoT). As in the IoT based systems, everything is connected to the internet. Therefore, all the cybersecurity risks and issues are applied on the IoT as well.

The more IoT based devices increase in number, the more the complexity of handling those devices would increase, which may become a bane instead of a boon to a user.

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4 years ago

You have researched your dream around-the-world vacation and determined that the total cost of the vacation will be $33,000. You

My name is Ann [436]

Answer:

Explanation:

What 22

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3 years ago

The problem now is to decide which contractor to choose.B has indicated that for another $20 million he could do the job in 18 m

Ede4ka [16]

Question: The question is incomplete. See the full question below and the answer.

You are an up-and-coming developer in downtown Seattle and are interested in constructing a building on a site you own. You have collected four bids from prospective contractors. The bids include both a cost ($millions) and time to completion (months):

Contractor Cost Time

A 100 20

B 80 25

C 79 28

D 82 26

The problem now is to decide which contractor to choose. B has indicated that for another $20 million, he could do the job in 18 months, and you have said that you would be indifferent between that bid and the original proposal. In talking with C, you have indicated that you would just as soon pay her an extra $million if she could get the job done in 26 months. Who gets the job? Explain your reasoning. (It may be convenient to plot the four alternatives on a graph.)

Answer:

See the explanation for the answer and find attached of the graph.

Explanation:

So we draw a regression line of Time vs Cost and best fit a curve based on the data given, given in the above figure. The four alternatives are marked in the figure as well. Our main objective is to reduce both time and cost, but that might not be possible So the best thing would be to look for alternatives which lie below the line. If C gets an extra million, then that point would come below the regression line, and it would be a better alternative than D, because for the same time we are getting the job done at a cheaper cost.

Also if B is paid extra 20 million, that point also comes below the regression line, and hence will be a better alternative than A because for the same cost again we are getting the job done earlier. We need to choose between B and C. Now in order to optimise both cost and time, we need to choose a point close to the middle point of the regression line segment in 1st quadrant. We see that C is much more closer to the middle point and hence seems like a better option.

So we choose C as our contractor if we consider B's alternative bid, but if we do not consider B's alternative bid and stick to the original one, we choose B as our contractor.

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3 years ago