Accounting Homework Question?
Question:
Can anyone help me beside this homework question?
If so I would really appreciate it, thank you.
The Ritz Manor is a popular seaside resort. A
double room costs $220 for one darkness. In order to reserve a room, guests must clear one
night's stay in finance. On each floor of the hotel, Vendalite Company operate vending
machines with verve bars, juice, and other snacks for guests. Vendalite stocks the
machines and collects revenue every week. Total average weekly revenue from these
machines is $720. The Ritz Manor is entitled to 30% of the revenue from the machines.
Vendalite sends a check to the Ritz Manor once at the end of respectively quarter for the resort’s
share of the revenue.
o Based on this information, what type of adjusting entries does the Ritz Manor hold?
o How are the amounts of these adjustments determined?
o Which accounts are artificial?
Answer:
For rents:
Accrued unearned revenues from those who haven't yet checked surrounded by but paid contained by advance.
Accrued revenues earn but not yet compensated from those who have not all the same checked out.
From the vending machines:
Accrued revenues on vending sales not even so received.
The rest you'll have to integer out on your own.
What are the components of a discount/interest rate?
Question:
Answer:
Essentially two components if you are talkin about nominal interest rate : Real interest rate + Inflation rate
Both the components are adjustable and depend on the macroeconomics of a country.
What is the difference between a merger and an achievement?
Question:
Answer:
Merger - to companies join together beside no apparent central company - they usually form a new company. Some mergers enjoy a major company surrounded by which case the minor company merges into the older. Think HP and Compaq. This is usually friendly in that the boards of both companies agree.
Acquisition - one company buys plenty shares of the other in charge to take over - or buy the company. Minor company subsumes into the central company. Not always friendly.
A merger is a cohesive venture agreed upon by both businesses. An purchase is when one party buys out and owns the tentative company.
I think an acquistion is when a business buys another business...approaching bank of america bought out mbna and it is still edge of america and a merger is when two companies come together to create a larger more profitable firm. Like sirius sattelite and xm radio did.
basically a merger is the joining of two firms (supposedly equally) into the creation of one contemporary firm. An acquisition is the buyout of one firm by another, contained by which the smaller firm is absorbed into the larger one.
how can we discount infinite irregular currency flows?
Question:
can annuity function be used for infinite varaible cash flows
Answer:
The formula we literary in business college was Net Present Value=Annual Cash Flow/Rate of Return. Therefore if you are guaranteed a $25 reward every year forever (perpetual) the value of that, base on a 10% expected rate of return, is $250 (25/.10=250).
From this you probably know that $25 per year forever and getting one payment of $250 very soon is equal (assuming a 10% rate of return). If your rate of return is less speak you only put your money surrounded by a savings portrayal that pays 5% interest then the one-time payout meaning would be $500. If you invested in the stock bazaar and consistently got a 15% return this one time expediency would go down to $166.67 (meaning you can do more next to the smaller one-time payment than the efficacy of gettiing $25/year forever).
I believe that this formula represents a shortcut of a very time consuming and complicated formula, but this be the only formula skilled for annuities in perpetuity (that I am aware of anyway).
New Comments within response to additional information:
If you know what the series of brass flows will be then you can pilfer the sum of the cash flows discounted out to the year that you receive them.
PV=C(yr1)/(1+rate) + C(yr2)/(1+rate)^2 + C(yr3)/(1+rate)^3...,
If hold an anuity growing in perpetuity next it would be PV=C(yr1)/(rate-growth rate).
If you do not know what the payments are going to be then you could posibly toy with in several ways adjectives of which will have dawdling (which, if this is the case, is unavoidable).
1. If you hold a history of payments you can calculate an average contribution and then multiply a PV based on that amount. Also take one or two standard diviations of this payoff history to calculate what sort of stock the PV would fall within. If you go two standard deviations out you will hae a 95% randomness of having your PV jump down within this variety. You will need to generate a judgement call as to how various standard deviations you go out and possibly adjust your required rate of return to compensate for this increase surrounded by risk.
2. Calculate best, most likely, and worst crust scenarios and work out each base on an expected average return. Then make a judgement appointment as to what your tolerance for risk, the expected payout and how likely respectively case is to play out.
3. If you are up to date with excel modeling at adjectives you might be able to set up a model base on likelyhood of geting a payment of x contained by and year y based on the likelyhood of other variables and their given probabilities. This will alow you to run the model a thousand times or so and nick the average of the sums of the payment cashflows.
Sorry I couldn't relief more.
Do you do the majority of your shopping online or at the physical store?
Question:
I am focusing more on non-necessity purchases, other than food or supplies.
I would utter I make just about 75% of my purchases of non-neccessity goods online. I don't even remember the final time I went to a shopping precinct (since I worked in one). I in reality work at a retail electronics store and I hardly engineer purchases at work (even w/ a discount) because I buy most of my stuff online. Prices are cheaper, I can do a lot of research and the test is limitless. Plus it cuts down impetuously buying because I don't feel I "have" to buy something because I made a trip to a store.
What in the order of you all?
Answer:
ONLINE! We kinda look equal too eh?
I want to start selling things on ebay, how should I travel around that?
Question:
how would i start...and if possible, attract people's attention.
Answer:
Interesting post. I started my eBay selling "adventure" more or less 4 years ago. I tried unsuccessfully on and off for roughly 2 years to sell products on eBay. There are so several factors that inevitability to be right in demand for people to bid.
I have this nagging feeling that it's a solid business model to get rid of on eBay, so I didn't give up. My wife be watching TV and saw an infomercial for a course to learn how to get rid of and be successful on eBay. She bought it for me for my birthday 2 years ago, and I'm EXTREMELY successful at selling on eBay on.
When I saw your question I looked to see if one and the same kit is still person sold, and I found it for FREE on the Internet! They're only asking $1.95 for shipping!
http://www.alllsite.info/sell-on-ebay.ph...
I importantly recommend this course if you want to be successful, and you certainly can't measure $1.95
Good Luck
What is the difference between a shareholder, stakeholder and a stockholder?
Question:
Answer:
shareholder owns shares in a company
stockholder owns stock within a compay - sometimes stock and shares are different
stakeholder has some physical authority/interest over a project or programme of work.
share holders are the people who own the equity stake of the company. theres not much difference between shareholder and stockholder.
a stakeholder is a set of inhabitants right from promotors to the end consumer.. shareholders form piece of stakeholder.. suppliers are also stakeholders..
How much is a billion dollars?
Question:
Is it a 100 millions, 1000 millions or a million of a million dollars?
Answer:
One thousand million
1000 x a Million = A BILLION
1,000,000,000 is a billion dollars
One thousand million
1000 x 1 million = 1 Billion
I own a $4000 sbc pale page debt... and no money... how can I minister to myself?
Question:
I took out a big ad surrounded by SBC yellow page because my small biz was doing resourcefully and they promised me it would be 100 times better by having an tag on with them. Well pointless to say it slowed bearing down, and i got resembling 2 calls from the ashen pages piece. My business then closed and I sold everything past its sell-by date to pay other bills. Now I own no job or anything, and I hold this huge bill. What can I do? its way ancient due, collections call, I dont want to enjoy to go to court and adjectives. Any good debt solution companies? or ways to achieve this lowered, erased, ect... AHHHHHH please help meeeeeee.
Answer:
I would strongly suggest trying to work something out beside them. Or you might even try Consumer Credit Counseling, as it has help many, plentiful people near their credit problems.
Call them and work out a payment arrangement and reimburse it in installments next to no interest. Good luck.
Visit a legit debt counselor and they should contact SBC to find out what options within are.
The collectors are the sharks of the economic system and are single interested in blood , I tight-fisted the $$$$.
HELP PLEASE!! I cant find my money!!?
Question:
Hi is there anyone out near who can help me.??
A few weeks ago i put some money within an envelope and left within on a table in my assembly room. I went support to the envelope to add some more money and i.e. the last i remember seeing it.
I cant remember where on earth i have put it and enjoy looked in adjectives the places i thought it might be. It definitly didnt go out next to the rubbish!!
Are you phsycic ?? Can you see where i enjoy put it ??
Please help if you can. Thank you
Answer:
Retrace your steps- first is it astern the table on the floor? It is light, when you walk past it may hold flown off the table so to speak. Look below all furniture i.e. nearby where on earth it may have land.
Why would you have moved it? Did you polish the table? When you put money surrounded by it before, where on earth did you do this? Where did you get the money from? A bag/purse? Is it near those? Were you distracted? Did you have to stir in to the kitchen/answer the phone? When be the last year you definitely saw it? Why would you hold moved it? Was the money for christmas?
Go through your movements in the house- what enjoy you done this week etc. Cleaning? Sorting? In coat pockets?
Hope some of this may help, i usually find things for other people- but not psychic i'm afraid.
someone took it.
you picked it up near some other stuff and put it in a drawer, try a kitchen drawer, righteous luck, hope you find it
perhaps you posted it to me? I will check my post and distribute it straight back - honest !!
Try the Inside Pocket of your Ski Jacket ??
You put it on a 33/1 knockout at Ascot, so you have lots to collect. Oh, sorry, I've in recent times heard that the horse be disqualified you've lost it for good!
Look through the house really suitable and ask people if they've see it.Or lay down and think more or less what you did with it when you put money contained by the envelope and maybe you can remember where on earth it is.
its in the wash check every thing up to that time you wash it including within the duvet cover corners. im seeing washing but more so beding.hold these in mind. agree to me know o.k?
I have duplicate problem but I've got none to start beside.LOL
Have you mislaid it by mistake or even thrown it away in the bin amongst other rubbish. I enjoy done the same surrounded by the past and I found it contained by the bin amongst the rubbish I thrown out.
try ur pockets
It'll be down the back of the sofa, at hand is always money within.
What are methods for file drawings and keeping them labeled properly?
Question:
I am organizing my drafting room. I hold a stand with slots. The problem I am have is keeping labels on the drawings. The supple bands break sour, leaving the drawing minus a label. The solitary way of knowing which drawing is which you must unravel it.
Any planning would be appreciated.
Answer:
Companies make lapse inserts that have label on them for rolls of drawings.
where on earth do I start if I want to bring back into the stockmarket and e-trade?
Question:
Does anyone have any suggestions or name of some good books for newbies that can coach them the gist. And how much does it take to start? Thank You
Answer:
firstly, if you put this within the investing category in business it'll be looked at faster and by citizens who know better.
2nd) You don't need a helluva lot of money, you could invest for beneath 500 or under 1000, to up to frequent thousands.
3rd) When starting out, even if you have an investment depiction, do some paper trading, pretend to buy secure stocks and see how you do. Do you make an overall profit or loss?
4th) have a word to someone who knows or already invests
5th) Subscribe to as copious sites and get as several books that talk nearly stock market investing, and try to cram as much as possible
6th) Don't go next to people who enunciate that a certain stock is going to budge up. When investing, make an erudite guess. Read current news and see if a prospect for that company have arised or if they were lately sued. Will they be making a new product? or file for bankruptcy?
Remember, know as much as you can!
heres a website that give shows you how to get business accepted wisdom. Go to www.youngbiz.com
The best advice I ever get is to start out investing in companies that you know and use - products you are identifiable with and resembling. If you like them, likelihood are, other people do to and the company will be successful.
Don't know give or take a few books, but Cramer's Mad Money on MSNBC (or is it CNBC?) is informative and entertaining.
I use Scottrade and Charles Schwab for trading myself.
Good Luck!
I would start with the book: How to Make Money within Stocks by WILLIAM J. O'NEIL.
This book covers the basics moderately well, although he's also trying to supply his newspaper Investor's business Daily throughout the book.
I wouldn't play the souk though, until you have 10,000 to invest and you can afford to lose money. Don't do any of the risky investing close to shorting, puts, calls, and margins. It's surplus to requirements, and should not be tried until you've been trading for 5 years or more.
If you simply invest with a small amount approaching $2000, you won't make much money. Even if your stock(s) travel up 30% , you only brand name 600 and much of that is eat up by taxes and trading fees. If you make solely 10% on 10grand, you will get 1000 dollars profit, and your commissions are plentifully less of a percentage of your investment.
Can I write a check for an amount within British Pounds?
Question:
I bank at well Fargo here in the U.S. and am purchaseing something on the internet from someone contained by Britian for 12 pounds, 50. How is the best way to transport them this money?
Answer:
Ask the seller for their preferred donation method. If they do indeed accept checks, you would requirement to convert the 12 pounds to American dollars at the current exchange rate or that accept by the wholesaler then write your check contained by US dollars and mail i to them. If you inevitability to purchase a money order next you can ask for the instructions from the post office or other service you purchase it from. Hope this help!
Convert that amount into US currency and write the check accordingly.
you can retribution on paypal, or go to well fargo and get a money lay down.
You can't just write a check on a foreign currency.
You can buy an international cashiers check surrounded by nearly any currency at your local bank.
No you can't, the checking statement ha to be connected to a british bank.
Try paypal, or an international money writ in british pounds from your wall.
Money order or draft ,
First of adjectives - a Brit is not going to be very bright and breezy with a $ check - the dune charges to translate to real money would be horrrendous. It's not court tender in the UK any!
Wells Fargo is not very prevalent surrounded by the UK
Send the money by PayPal that way the verbs is done automatically or pay via credit card if this is possible.
What is the address to Rocket Refunds surrounded by Montgomery Alabama?
Question:
Answer:
Rocket Refund
3314 Lower Wetumpka Rd
Montgomery, AL 36110 Rate this Business
(334) 262-8299
map it!
What are the job for give or take a few 12 year olds but not similar to leaves, sports car wash approaching concrete job for resembling the community
Question:
Real Jobs For Real Kids
Answer:
love your slogan Real jobs for Real kids!
But sports car washing is a definite job! you may not resembling it but i'm sure the trash man love his job!
or cut grass.. peep get rewarded for that! infact my friend has his own company that i pay packet to come and cut my grass down! it helps the commuinty by keeping it verbs and trim.. and not all weedy and overgrown that looks cheap!
be in motion around and ask older folks if they obligation help next to something... they pay better afterwards someone my age! most the time! :)
be a pop boy or girl at a bingo hall i did this it be fun...
devliver the news treatise everyone wants nearby news prompt!
or find a store you really like and simply go in attendance a lot and other ask the owner if you can help I don`t know for free for a while sort of like an intern ship but if you stick beside it chances are you'll acquire hired if needed! oh that don't work for large companys with the sole purpose locally owned!
Best wishes.
well a 12 year mature cannot legally work contained by the real workforce. so I guess you are stuck doing the things you don't want, find use to it because you are always going to hold to do jobs you don't similar to. as long as you can earn a good buck doing those things, basically take pride surrounded by any job you do and you will succeed.
If a 12 year entity has a pious speaking ,he can join some radio station.