14. Colin is making a braise for a catered lunch. How should Colin prepare the vegetables for the braise? A. Cut into large pieces
B. Puréed
C. Cooked separately beforehand

Answers

Answer 1
Answer:

Answer: The correct answer isA; cut into large pieces.

Explanation:

When cooking a meal using the braising technique, the meat, including poultry,  and vegetables need to be cut into large pieces. The vegetables and other items in the braise will be covered with enough liquid to only cover the meat and/or vegetables. The braise is then covered and simmered so that the food cooks evenly with the heat and steam. When making a stew, the vegetables should all be cut into equal slices.


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The bonds of Lapeer Airlines, Inc., are currently trading on the market at $1,119.34. They have a par value of $1000, make semi-annual coupon payments with a coupon rate of 6.4%, and a YTM of 4.6%. How many years until these bonds mature?
Bryan Houlberg expects his C corporation to generate a profit of $200,000. What is Bryan's after-tax cash flow from the corporation if net income after corporate tax is distributed to him as a dividend and his marginal tax rate on ordinary income is 37%?
Draft an inquiry letter for purchase of 10 units of IBM P4 computers and 2 units of Lx 300 Epson printers to Kathmandu Computers and Engineering Kathmandu. ​
The growing demand for biofuels in the U.S. that has led to a growing supply of soybeans from Brazil is an example of all of the following EXCEPT ________ economies.
Transactions that affect earnings do not necessarily affect cash. Identify the effect, if any, that each of the following transactions would have upon cash and net income. The first transaction has been completed as an example.Cash Net Income A. Purchased $100 of supplies for cash. –$100 $0B. Recorded an adjusting entry to record use of $30 of the above supplies. C. Made sales of $1,250, all on account. 1297 1164 D. Received $850 from customers in payment of their accounts. 865 299 E. Purchased equipment for cash, $2,600. 2528 2229F. Recorded depreciation of building for period used, $650. 610 2839

Which of the following would help reduce the amount of frictional unemployment? Choose one or more: (A) Websites that advertise job openings across the country
(B) government policies to help promote a stagnant economy
(C) providing tax breaks to firms that engage in technological innovations
(D) interviewing a wide variety of candidates to ensure a diverse workforce
(E) government policies to limit outsourcing of jobs

Answers

Answer: Option A

               

Explanation: In simple words, it refers to the unemployment which occurs due to the employees shifting and moving from one job to another. This kind of unemployment is unavoidable and exist in every economy to some extent.

A website that advertises job will be helpful to employees for gaining information and awareness about new openings.

Hence from the above we can conclude that the correct option A.

Final answer:

Frictional unemployment could be reduced by enhancing job visibility, promoting economic growth, and limiting outsourcing. The best options for this are advertising job openings widely, implementing government policies to promote a stagnant economy, and creating policies to limit job outsourcing.

Explanation:

Frictional unemployment refers to the period of time when a worker is searching for, or transitioning from one job to another. It's a natural form of unemployment due to factors like workers' voluntary decisions to change jobs or the time lag involved in finding a new job.

Options (A) Websites that advertise job openings across the country, (B) Government policies to help promote a stagnant economy, and (E) Government policies to limit outsourcing of jobs would help reduce the amount of frictional unemployment. (A) would increase the visibility of job opportunities, enabling job seekers to find new roles more quickly. (B) would stimulate economic growth, creating more job opportunities. (E) would keep jobs within the country, increasing local employment opportunities.

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Issued stock for $6 cash (example).b. Purchased equipment costing $6,320, paying $4,893 in cash and charging the rest on account.
c. Paid $513 in principal and $91 in interest expense on long-term debt.
d. Earned $88,988 in sales revenue; collected $87,949 in cash with the customers owing the rest on account.
e. Incurred $10,766 in shipping expenses, all on credit. F. Paid $28,241 cash on accounts owed to suppliers. G. Incurred $4,332 in marketing expenses; paid cash. H. Collected $620 in cash from customers paying on account. I. Borrowed $6,359 in cash as long-term debt. J. Used inventory costing $62,752 when sold to customers. K. Paid $177 in income tax recorded as an expense in the prior year.

Answers

Final answer:

The subject of this question is Business at a College level. It provides various transactions and asks for clarification. The step-by-step breakdown of each transaction helps understand the scenario and the financial implications.

Explanation:

The subject of this question is Business and it is at a College level. The question provides various transactions and asks for clarification on the subject matter. Below is a step-by-step breakdown of each transaction:


  1. Issued stock for $6 cash: This transaction indicates that $6 cash was received in exchange for issuing stock.

  2. Purchased equipment costing $6,320: This transaction involves the cash payment of $4,893 and the remaining balance of $1,427 charged on account.

  3. Paid principal and interest expense on long-term debt: In this transaction, $513 is paid towards the principal amount and $91 is paid as interest expense. The debt is not specified.

  4. Earned sales revenue and collected cash: $88,988 is earned in sales revenue, of which $87,949 is collected in cash. The remaining amount is owed by the customers on account.

  5. Incurred shipping expenses: $10,766 in shipping expenses is incurred and charged on credit.

  6. Paid accounts owed to suppliers: $28,241 cash is paid towards accounts owed to suppliers.

  7. Incurred marketing expenses: $4,332 in marketing expenses is incurred and paid in cash.

  8. Collected cash from customers paying on account: $620 cash is collected from customers who are paying on account.

  9. Borrowed cash as long-term debt: $6,359 is borrowed in cash as long-term debt.

  10. Used inventory costing $62,752: Inventory costing $62,752 is used when sold to customers. The information does not mention the selling price or any profit.

  11. Paid income tax: $177 is paid as income tax recorded as an expense from the prior year.

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Final answer:

The question involves interpreting 'business transactions' and their effect on the components of the accounting equation (Assets = Liabilities + Equity). Various business transactions mentioned include issuing stock, purchasing equipment, earning and collecting sales revenue, borrowing and paying long-term debt, and more.

Explanation:

The subject of this question encompasses various business transactions that ultimately affect an entity's financial statements. The transactions in this question fall into categories of equity transactions (issuing stock), asset acquisitions (purchasing equipment), liabilities and equity transactions (borrowing and paying long-term debt), revenue and receivable transactions (earning and collecting sales revenue), expense and payable transactions (incurred shipping and marketing expenses), inventory transactions (using inventory sold to customers) and tax transactions (paying income tax recorded as an expense in the previous year).

Each of these transactions will have a dual effect on the components of the accounting equation (Assets = Liabilities + Equity).

For instance, when the company issued stocks for $6 cash, it increased its cash asset and its equity. When the company purchased equipment costing $6,320, paying $4,893 in cash and charging the rest on account, it increased its equipment asset, decreased its cash asset and increased its Accounts Payable liability.

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Since its formation, Roof Corporation has incurred the following net Section 1231 gains and losses. Year 1$(12,000)Net Section 1231 loss Year 2 10,500 Net Section 1231 gain Year 3 (14,000)Net Section 1231 loss In year 5, Roof sold one asset and recognized a $9,000 net Section 1231 gain. How much of this gain is treated as capital, and how much is ordinary

Answers

Answer:

a. $0 will be reported as capital gain, while $7,500 will be reported as ordinary gain.

b. $1,000 will be reported as capital gain, while $8,000 will be reported as ordinary gain.

Explanation:

Note: This question is not complete as part 'a' of the requirement is omitted. The complete question with the part 'a' of the requirement is therefore provided before answering the question as follows:

Since its formation, Roof Corporation has incurred the following net Section 1231 gains and losses.

Year 1  $ (12,000)    Net Section 1231 loss

Year 2      10,500      Net Section 1231 gain

Year 3    (14,000)     Net Section 1231 loss

a. In year 4, Roof sold one asset and recognized a $7,500 net Section 1231 gain. How much of this gain is treated as capital, and how much is ordinary?

b. In year 5, Roof sold one asset and recognized a $9,000 net Section 1231 gain. How much of this gain is treated as capital, and how much is ordinary?

Explanation of the answer is now provided as follows:

When section 1231 losses exceed section 1231 profits in the prior five years, the excess loss (unapplied loss) is applied against the current year's section 1231 gain.

The amount that is reported as ordinary income is the amount of the loss that is applied against the current year's section 1231 gain.

Long-term capital gain is the excess of the current year's section 1231 gain over the the recaptured section 1231 loss from the prior five years.

You have to start with the earliest year to apply section 1231 losses from the previous five years to the current year's section 1231 gain.

Therefore, we have:

a. In year 4, Roof sold one asset and recognized a $7,500 net Section 1231 gain. How much of this gain is treated as capital, and how much is ordinary?

As a result of the loss from the previous year that is applied to the extent of $7,500, the whole of the $7,500 net Section 1231 gain will be recorded as ordinary gain.

Therefore, $0 will be reported as capital gain, while $7,500 will be reported as ordinary gain.

b. In year 5, Roof sold one asset and recognized a $9,000 net Section 1231 gain. How much of this gain is treated as capital, and how much is ordinary?

Unapplied losses in previous years can be calculated as follows:

Details                                                       Amount ($)  

Net Section 1231 loss in Year 3                  (14,000)    

Net Section 1231 gain in Year 4                   7,500

Net Section 1231 loss in Year 1                  (12,000)

Net Section 1231 gain in Year 2                 10,500  

Unapplied losses in previous years        (8,000)  

Because there are unapplied losses of $8,000 from previous years, $8,000 will be reported as ordinary gain.

Therefore, the amount to be reported as capital gain can be calculated as follows:

Amount to be reported as capital gain = Gain in Year 5 – Amount to be reported as ordinary gain = $9,000 - $8,000 = $1,000

Therefore, $1,000 will be reported as capital gain, while $8,000 will be reported as ordinary gain.

Select a company of your choice. Assume that your firm is considering whether to make a component in-house or to outsource it to an independent foreign supplier. Manufacturing the part in-house will require an investment in specialized assets; quality control and the protection of intellectual property rights are major concerns. The most efficient and reliable suppliers are located in countries whose currencies many foreign exchange analysts expect will appreciate in the next decade; likewise, wage rates in those countries are expected to rise. Discuss the pros and cons of manufacturing the component in-house as opposed to outsourcing it. Should the firm consider foreign direct investment as one of its strategies?

Answers

Answer:

The airline company is considering buying the aircraft components in house or outsourcing it from other foreign countries.  

Explanation:

A company can outsource the product manufacturing or can manufacture its own products. The manufacturing of a product in house will be according to the requirements and customization can be done but on the other hand it will require equipment and manufacturing line setup on the site which incurs heavy cost. Buying product from outside will save incurring heavy fixed costs.

As a result of several factors, aggregate demand decreased during the Great Depression. One factor would be:

Answers

Answer: decrease in expected income

Explanation:

The Great Depression began due to the crash of the stock market in 1929 which caused fear and millions of investors lost their businesses.

This led to the reduction in consumer spending. Also, there was a reduction in investment which caused industrial output decline and decrease in employment opportunities.

If he wanted the cash award of each of the five prizes to be $45,000 and his estate could earn 7% per year, how much would he need to fund his prizes

Answers

Answer:

The answer is $3,214,285.71

Explanation:

Price of each award is $45,000

And there are 5

Therefore, we have 5 x $45,000

=$225,000.

So, $225,000 is the future value.

Rate of return(r) in 7% and it is being assumed that it is forever.

So, so how much will be needed to fund his prizes(present value)?:

PV = FV/r

= $225,000/0.07

=$3,214,285.71

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