Kinder Enterprises relies heavily on a copier machine to process its paperwork. Recently the copy clerk has not been able to process all the necessary copies within the regular work week. Management is considering updating the copier machine with a faster model.
Current Copier New Model
Original purchase cost $10,000 $20,000
Accumulated depreciation 8,000

Answer and Explanation:

The computation is shown below:

a.

Particulars        Retain Machine       Replace Machine     Net Income

 Operating costs   $35,000                    $13,000                $22,000

             (7,000 × 5 years)          (2,600 × 5)

New machine cost   0                       20,000               (20,000)

Salvage value            0                        (1,000)                 1,000

Totals                   $35,000                    $32,000             $3,000

b.

The current copier should be replaced. As the incremental analysis represent the net income should be more than $3,000 as compared with replacing one

Identify the function in the organisation you have chosen​

The annual dividend rates for a random sample of 16 companies in three different industries, utilities, banking, and insurance, were recorded. The ANOVA comparing the mean annual dividend rate among three industries rejected the null hypothesis that the dividend rates were equal. The mean square error (MSE) was 3.36. The following table summarized the results:

Utilities Banking Insurance
Number Sampled 5 5 6
Mean Annual Dividend Rate 11.62 15.4 17.4
Based on the comparison between the mean annual dividend rate for companies in utilities and banking, the 95% confidence interval shows an interval of 1.28 to 6.28 for the difference. This result indicates that _______.

Multiple Choice

A. the annual dividend rate in the utilities industry is significantly less than the annual dividend rate in the banking industry

B. the annual dividend rate in the banking industry is significantly less than the annual dividend rate in the utilities industry

C. there is no significant difference between the two rates

D. the interval contains a difference of 5.00

Knapp Industries began business on January 1, 2018 by issuing all of its 1,550,000 authorized shares of its $1 par value common stock for $30 per share. On June 30, Knapp declared a cash dividend of $1.25 per share to stockholders of record on July 31. Knapp paid the cash dividend on August 30. On November 1, Knapp reacquired 310,000 of its own shares of stock for $35 per share. On December 22, Knapp resold 155,000 of these shares for $41 per share.

Required:
a. Prepare all of the necessary journal entries to record the events described above.
b. Prepare the stockholders' equity section of the balance sheet as of December 31, 2018 assuming that the net income for the year was $8,000,000

John's uncle donated a truck to his company, John's Corporation. The truck had an original cost of $95,000, a book value of $40,000, and a fair value of $60,000. The journal entry by John's Corporation to record this donated asset will include a:

a. debit Truck for $95,000 and credit Gain for $35,000.
b. debit Truck for $60,000 and credit Gain for $20,000.
c. debit Truck for $60,000 and credit Gain for $60,000.
d. debit Truck for $95,000 and credit Gain for $95,000.

Owing to his impulsive buying habits, Ronnie's unpaid credit card balances pile up to $9,000. As Ronnie does not have enough money to clear his bills, he is in a deep financial crisis. In this scenario, the first step that Ronnie should take is to:

Each week, Namratha updates an online newsletter to share information about interesting topics related to the company. All company employees have access to the newsletter site. This is an example of _______ communication.

Suppose you deposit $1,000 in a bank and the reserve requirement is 0.25. If the banking system has zero excess reserves, then the total amount of money that can be created is

Which of the following is an example of a consumer service?
• brickmaker
• refrigerator repair
automobile manufacturer
laptop builder

The trade war between the USA and China has put pressure on the international supply chain. However, it also conditioned for transparency competition in world trade. Please analyse this argument point with agreement or disagreement. An example of the international supply chain is recommended to show for supporting your debated points.

HELP

Supply curves shift to the right when a product can be made more cheaply and sold at a similar or higher cost. which of the following will cause this?

10 roles of insurance in a business

which of the following describes a federal student loan? a funds provided by a private business that do not need to be paid back b funds provided by credit unions that must be paid back c funds provided by government that do not need to be paid back d funds provided by the government that must be paid back​

which ethical principle reflects the idea that everyone is granted a moral norm of society

give two examples of graphs and two examples of charts.

Pie City Pizza and Pizza Palace are rival restaurants in a small town. Pie City Pizza sets its prices below average variable cost for two years. After the second year, Pizza Palace goes bankrupt and exits the market. In the third year, Pie City Pizza raises prices significantly. Pie City Pizza is practicing ________ pricing. g

IRAC Briefing
BURNETT v. PURTELL
Who were the plaintiff and defendant? Were they merchants?
Describe the sales transaction.
Was there tender of delivery of the goods? Why is this issue important to the outcome of the case?
Who bore the risk of loss when the goods were destroyed?

Rich and Lucy were married for 52 years. Rich died on May 9, 2020. Lucy has no dependents, and she did not remarry. The correct and most favorable filing status for Lucy's 2020 return is: Married filing jointly. Married filing separately. Single. Qualifying widow.

I need a Christmas present for a 40-year-old man a 32-year-old woman a 9-year-old girl a 12-year-old girl and a 4-year-old boy

mini case the great little box company canadian company that manufactures and distributes custom and stock

At a new client meeting, the outside CPA learns the following:
1. The recently fired bookkeeper has been discovered as embezzling over $100,000, but the full amount is not yet quantified. The tax preparer was related to the bookkeeper.
2. There is a foreign entity (China) company and the books and records are not translated. It is unclear as to whether it is owned by the owner or the corporation.
3. The staffing is light and the human resources person is doing the billing and the payroll. There are no management concerns with this person.
4. There is a $1 million line of credit for the company with a major bank.
5. The company uses an add-on to QuickBooks for the time and billing (services company) and QuickBooks for the general ledger.
6. The reimbursement policy is nonconforming to the IRS rules.
7. There are three unrelated owners that are all engineers by training.
As an Outside CPA/Auditor:
I. As the outside CPA, what ethical obligations to you have to the professional for taking an assignment like this? Specifically, what type of work is possible?
II. What threats are posed to the outside CPA?
III. What safeguards can be applied at the outside CPA level?
IV. How should the China business be dealt with?
V. What obligations do you have for the potential tax issues? How would you document or discuss these issues?
As the newly hired CPA/controller for the same company above:
I. If you work to work for the company as the CPA controller, what threats do you see on the onset?
II. What safeguards can you put in place?
III. How would you handle the remaining staff?
IV. If the human resources staff has been working well at the job, then what is the harm of letting the payroll remain with HR?
V. What would you insist be in your employment agreement?

If a seller can create switching costs for its product, then: ________________

a. customers will find it more costly to stay with the company than to switch to another seller.
b. it increases its costs by producing several versions of the product so customers can switch between versions.
c. it is difficult or costly for the seller to switch to producing a different product.
d. it is difficult or costly for customers to switch to another seller of the product.

On September 3, 2021, the Robers Company exchanged equipment with Phifer Corporation. The facts of the exchange are as follows:


Robers’ Asset Phifer’s Asset
Original cost $ 190,000 $ 210,000
Accumulated depreciation 111,000 119,000
Fair value 96,000 77,000

To equalize the exchange, Phifer paid Robers $19,000 in cash.

Required:
Record the exchange for both Robers and Phifer. The exchange has commercial substance for both companies.

Rational and Normative modes of decision making are used. Then intuition or gut feeling also play a role in this process. How does a manager, making decisions in real life situation, strike a balance between these modes to make quick but right decisions.

Free if I am voted brainiest and like!
Next time will be Moree than 50.... :)

Help help help help help help help help

The newest employee at Edwards Escrow Co., Adam Riley, is handling the escrow
paperwork for the sellers and the buyers on an Anaheim property sale. When Adam
goes to figure out the prorations for the month of February, for which some of the
expenses have already been paid by the sellers, Adam cannot remember what
number to use to figure out the proration. Which of the following should he use?

The higher the risk associated with a bond, the _______ (more/less) likely a corporation might be to pay an investor back. Interest rates for riskier bonds tend to be ______ (higher/lower) so that investors are ______ (more/less) willing to invest.
BONUS: A riskier bond usually comes from a corporation that has a ______ (low/high) credit rating.

Prepare journal entries to record the following under
(a) the direct write-off method and
(b) the allowance method. May 3 Sal Company determines that it cannot collect its accounts receivable of $2,000 from Joey Company. May 21 Sal Company unexpectedly receives payment of $2,000 cash from Joey Company toward its previously written-off account. Sal records recovery of this bad debt.

Temporary Aid to Needy Families (TANF) a. A welfare program that replaced AFDC in 1996. It introduced a new education requirement that was designed to push welfare recipients into special college and GED programs. b. A welfare program that replaced Social Security in 1965. It introduced a work requirement that was designed to push welfare recipients into the low wage labor market. c. None of the other answers. d. A welfare program that replaced AFDC in 1996. It eliminated the New Deal era work requirement that many people believed was designed to effectively re-enslave African Americans. e. A welfare program that replaced AFDC in 1965. It introduced a work requirement that was designed to push welfare recipients into the low wage workforce.

With all other economic forces held constant, an increase in labor productivity throughout the country implies
(1 point)
an increase in GDP due to an increase in labor hours
a decrease in GDP with labor hours held constant
an increase in GDP with labor hours held constant
a decrease in GDP due to an increase in labor hours