Retirement benefits are an example of
income.
Labor
rental
interest
Answer:
Labor income
Explanation:
edg
According to the video, what do Financial Analysts analyze? Check all that apply.
financial records
travel distances
insurance claims
a company's competitors
fraud
In 2022, Spencer Realty considered conducting a survey of every home to determine which homes may be put on the market within the next year. This information would be included in their financial statements as a predictor of potential future revenue. The cost of the survey would be $2.6 million, and the results would not differentiate potential business for Spencer Realty compared to other realtor companies. If Spencer Realty decided to not conduct the survey, that decision is likely based on which concep?
A. Historical cost.
B. Cost constraint.
C. Fair value.
D. Full discloser.
Answer:
a. cost constraint
Explanation:
A cost constraint arises when it is excessively expensive to report certain information in the financial statements. When it is too expensive to do so, the applicable accounting frameworks allow a reporting entity to avoid the related reporting
This type of credit is described as a specific amount of money that typically includes
interest charges. It is repaid in equal monthly payments for a specific number of months.
What type of credit is this?
O Installment
O Revolving
Service
O ALL OF THESE ARE CORRECT
Answer:
Installment
Explanation:
In installment credit, the borrower makes periodic, fixed, and scheduled loan repayments. The loan has a set timeline by which it ought to be fully repaid. The periodic repayments( installments) are mostly monthly. The installment amount is predetermined and includes the principal amount and an interest component.
Every installment payment reduces the loan balance. The borrower continues making payments until the entire loan is repaid. Installment contrasts with revolving loan type. Under the revolving loan, the lender sets a loan limit for the borrower. The borrower can borrow as many times as long as they are below the set limit.
Listed below are several transactions that took place during the second and third years of operations for RPG Consulting.
Year 2 Year 3
Amounts billed to customers for services rendered 390,000 490,000
Cash collected from credit customers 300,000 440,000
Cash disbursements:
Payment of rent 84,000 0
Salaries paid to employees for services rendered during the year 144,000 164,000
Travel and entertainment 34,000 44,000
Advertising 17,000 39,000
In addition, you learn that the company incurred advertising costs of $29,000 in year 2, owed the advertising agency $5,400 at the end of year 1, and there were no liabilities at the end of year 3. Also, there were no anticipated bad debts on receivables, and the rent payment was for a two-year period, year 2 and year 3.
Required:
1. Calculate accrual net income for both years.
2. Determine the amount due the advertising agency that would be shown as a liability on RPG’s balance sheet at the end of year 2.
Answer:
1. Year 2 Year 3
Revenues $390,000 $490,000
Expenses
Rent $42,000 $42,000
Salaries $144,000 $164,000
Travel and entertainment $34,000 $44,000
Advertising $29,000 $21,600
Net Income $99,000 $260,400
2. Advertising liability at end of year 2 = $29,000 - ($17,000 - $5,400) = $29,000 - $11,600 = $17,400
Working
Advertising Expenses
Debit Credit
Balance B/d 5400
Bank 17000 Profit and Loss account 29000
Balance c/d 17400
Total 34400 Total 34400
Advertising Expenses
Debit Credit
Balance B/d 17400
Bank 39000 Profit and Loss account 21600
Balance c/d 0
Total 39000 Total 39000
Zane Computer Corporation is considering the possibility of building a new manufacturing facility in a foreign country in order to lower labor and production costs. The legal department of Zane has raised some issues regarding the two countries which are the top contenders for the new facility. The legal system of Country A is based on civil law, while the legal system of Country B is based on common law. Other than the legal systems of the two countries, all other aspects are virtually identical. Zane’s legal experts must determine which system would be the most beneficial to Zane in the long-term.Which of the following supports Country A over Country B?a) Contracts are so detailed that they are expensive to draft.b) Intellectual property rights are loosely upheld and enforced.c) Judges confer with legislators on international business issues.d) Contractual con-compliance provisions are broader in scope.
Answer:
d) Contractual non-compliance provisions are broader in scope.
Explanation:
Both common law and civil law were originated in western Europe. Common law comes from medieval England while civil law comes from ancient Roman Empire. Common law is more flexible than civil law, so that allows different interpretations of the law. Since civil law is more rigid, contractual non-compliance provisions must include all possible contingencies and their outcomes.
One way a partnership differs from a sole proprietorship is that it
Answer:
The most obvious difference between partnership and sole proprietorship is the number of owners the business has. "Sole" means one or only, and a sole proprietorship has only one owner: you. Conversely, it takes two or more to form a partnership, so this type of entity has at least two owners.
Answer:has owners with many different skill sets
Why do lenders often require a down payment when credit is used to purchase a good?
Answer:
see below
Explanation:
A down payment is a lump-sum amount paid a borrower raises when purchasing an asset on credit. The down payment or deposit is paid to the lender and reduces the credit to be extended. Usually, the lender will demand a down payment of up to 20% of the asset's value.
The down payment reduces the risk a lender takes in advancing the loan to the borrower. It reduces the loan amount involved. The down payment shows the borrower is financially stable. If they can raise 20 percent of the amount, it gives the lender confidence that the borrower can repay the loan. A down payment shows the borrower is a low-risk customer
Aster Inc. is a multinational company. It has branches in two other countries. However, it converts the transactions of the entire business into US dollars. It also doesn’t record the skill levels and the quality of customer service it provides. Which accounting principle does Aster Inc. comply with?
Aster Inc. complies with the principle of _____.
Answer:
Monetary unit principle
Explanation:
The monetary unit principle refer to a principle in which the business transactions should be recorded in the monetary terms. As non-monetary transactions are not recorded in the accounting. Only that transactions are recorded that are countable
So as per the given case since it converts the business transactions into U.S dollars at the same time it does not record the level of skills and the customer servcie quality
So, this is a monetary unit principle
You work as the sales manager for a company that sells office supplies to businesses of all sizes.Because the profit margins are razor-thin,you need to ensure that you are getting the very best prices on paper,pencils,pens,Post-It Notes,and other office supplies from the manufacturers.When reviewing the quarterly profit statement,you realize that your costs are higher than they should be,and you trace the higher costs back to an employee who has been lax about getting competitive bids to ensure the lowest prices.When you conduct your research to determine the reason for the higher costs,and take action to bring those costs back down,in which of the key management processes are you taking part?A) planningB) organizingC) leadingD) controllingE) mentoring
Answer: D. Controlling
Explanation:
Controlling is one of the most important roles that a manager plays for a company. It involves ensuring that efficient standards are met in the company by checking for errors in processes and taking actions to correct any such errors thereby ensuring that the company keeps running smoothly.
When you therefore conducted research to determine the reason for higher costs and then taking action to correct it, you were engaging your controlling role as a manager.
Question 22
1 pts
Which of the following is NOT a good reason to buy a stock index fund like the
S&P 500?
0 You want to have an investment that you don't have to monitor as closely as an actively
managed fund
0 You want to have an investment with low fees
O You want to "beat the market" with the return on your investment
O You want to have a diversified portfolio
Previous
Next
Answer:
You want to "beat the market" with the return on your investment
Explanation:
The SP 500 is a good example of diversified portfolio investment. Investing in the index fund is less costly compared to other investment instruments. The SP 500 is considered the benchmark of investment returns in the US. Any attempts to perform better than the SP 500 is termed as trying to "beat the market."
Investors prefer good stock indexes like the SP 500 because they represent diversified investments. They spread risks in many sectors of the economy. Stock indexes have low investment costs and don't need close contact monitoring. Trying to "beat the market" with stock indexes is a daunting task. Any investor who attempts it will end up very frustrated.
Around the time Adam Smith published “Wealth of Nations”, what was the economic system favored by most European elites called?
mercantilism
capitalism
communism
feudalism
Answer:
A
Explanation: Mercantilism
Becky makes $8.75 an hour plus benefits, which are an additional 13.5%.
How much does Becky make per hour including benefits? *
$9.20
$
O $9.95
O $9.93
O $8.88
Answer:
$9.93
Explanation:
Becky makes $8.75, the benefits are 13.5 % of $8.75.
Including benefits, Becky makes
=8.75 + ( 13.5 /100 x $8.75)
=$8.75 (0.135 x $8.75)
=$8.75 + $1. 18125
=$9.93125
=$9.93
What is one thing the government does as it enforces consumer-protection
regulations?
A. collects tariffs from foreign producers
B. tests products such as drugs and automobiles for safety
C. prevents cartels from engaging in price fixing or production
limitation
D. makes sure publicly-traded companies provide stockholders with
financial records
Answer: B: test products such as drugs and automobiles for safety
Explanation: âpex learning
I work at a company, and my boss wants me to hand out flyers and get people's names and numbers. But lately i haven't been getting many numbers. Any tips?
Answer: Social Media!
Explanation:
You can create an online flier and post it on your social media account or a work account, you can ask people to give names and numbers onto a calling list. Something like this could work: “At my job, I need to hand out fliers for <what the fliers are about> and I need names and numbers, can someone help?”
What is productivity? In business?
Answer:
productivity is commonly defined as ratio between the output volume and the volume of input.Explanation:
In other words,it measures how efficiently production inputs,such as labour and capital,are being used in an economy to produce a given level of output.I hope this will help you/helpful for you.Some organizations may choose to have job applicants complete an application form created by the firm, instead of just allowing the employee to write his own. Give ONE (1) key reason why
the firm may prefer to have an application form completed.
Answer:
see below
Explanation:
Job applicants complete an application form created by the employer to gather relevant information from potential employees. One reason employers prefer Job application forms is to gather comprehensive and consistent data from all applicants. This facilitates a fair analysis of applicants' backgrounds.
Application letters and resumes may not have uniform data. The employer designs the application form to ensure they get all the data they require from all applicants. Again, resume's do not include important information such as names and contacts of immediate and past supervisors.
an online survey or _____?
Answer:
Study
Explanation:
How do I get free Roux
Answer:
Robux?
Explanation:
To get free robux, there is a site called blox.land and you do certain things to earn robux and then you can withdraw them.
A study showed that 47 percent of entrepreneurs were under age 35 when they started their businesses. The same study showed 16 percent were
under the age of 25. If there were 1,855 total entrepreneurs, how many were under the age of 35 when they started their businesses?
Answer:
872 entrepreneurs
Explanation:
Total number of entrepreneurs was 1855. 47 % were under 35 years. 25% were under 25. the age bracket of under 35 includes people under 25 years.
Entrepreneurs under the age of 35 were 47 percent of 1855
=47/100 x 1855
=0.47 x 1855
=871.85
=872 entrepreneurs
Irma has $500 to open a checking account. She wants an account with the lowest fees. She plans to use only her bank’s ATM to deposit her paychecks and withdraw cash.
Which checking account would be best for Irma?
Account A
Account B
Account C
Account D
Answer: the correct answer is A
Explanation:
Answer:
A
Explanation:
Q1) The Lahore Metro Bus is crowded for travel during peak hours. During such travel hours two daily passengers ‘Usman’ and ‘Ibrahim’ enter the Metro. Luckily, two adjacent seats are free in the bus. Each of them must decide whether to sit or stand. For both, sitting alone is more comfortable than sitting next to the other person, which in turn is more comfortable than standing. [16 marks]
(Note: for parts (a) & (b) below consider Usman as ‘row player’ and Ibrahim as ‘column player’).
A) Model the situation as a strategic game, assuming both ‘Usman’ and ‘Ibrahim’ care only about their own comfort. Find the Nash equilibrium (equilibria) if it exists. Also, does a dominant strategy exist for either ‘Usman’ or ‘Ibrahim’
B) Now assume that both ‘Usman’ and ‘Ibrahim’ are altruistic, ranking outcomes according to the other person’s comfort and, out of politeness, prefer to stand than to sit if the other person stands. Model the situation as a strategic game and find any Nash equilibrium (equilibria) if it exists. Does a dominant strategy exist for either ‘Usman’ or ‘Ibrahim’ with these preferences?
Answer:
Each of them must decide whether to sit or stand. For both, sitting alone is more comfortable than sitting next to the other person, which in turn is more comfortable than standing is discussed below in details.
Explanation:
A) In the first position, every one of them makes more profit by resting alone than by resting together, and this is favored over standing. So the payoffs are as provided in the beneath image as (a). Here if one stands and the other sits, at that point the person who relaxes gets a bigger payoff of 4, while the other gets - 2 (Since he is standing which is difficult). If the two of them stand, at that point, the payoff is - 2 for each, and on the off chance that the two of them sit they every one of them gets a payoff of 2 (which is not exactly the payoff if the other individual stands given as 4 above). So Usman stands, Ibrahim will decide to sit, bringing about a payoff of (4,- 2). In any case, if Ibrahim sits, Usman will likewise sit since his payoff is higher by choosing to sit (2>-2). So the only Nash equilibrium is given when both choose to sit, e (Sit, Sit) given by lower right corner of the game getting the payoff of (2,2).
A refrigerator sells for $1,044 on the installment plan. After making a down payment of $100, you pay $59 a month. How many months will it take to pay for the refrigerator?
Answer:
16 months
Explanation:
Calculating the remaining amount to pay by subtracting the down payment from the installment price:
$1,044 - $100 = $944
The remainder to pay is $944
Calculating the monthly payment by dividing the remainder to be paid by the number of months as shown below
$944 / Number of months = $59
Number of months * $59 = $944
Number of months = $944 / $59
Number of months = 16 months
According to O*NET, what are common tasks performed by Tour Guides? Check all that apply. purchasing airline tickets for tour group members selling equipment needed for hiking describing tour points of interest escorting individuals or groups on tours greeting and registering visitors conducting educational activities for children providing directions and information
Answer:
maintaining equipment
shepherding tourists and luggage
socializing
setting up meals
Explanation:
ITS RIght i just did it good luck n e ways stan dkb and stan conan gray
Answer:
✓leading trips
✓maintaining equipment
✓shepherding tourists and luggage
✓socializing
✓setting up meals
Explanation:
Edge 2021
plz click the photo and help me multi choicee
Answer:
The first one is "More will be supplied at higher prices"
The second one is shortages
The third one is upward
Explanation:
Sorry this took long....
Answer:
1. First Option
2. Second Option
3. First Option
Explanation:
1. The answer is the first option or "more will be supplied at a higher prices." Increasing the price for goods or services will decrease the amount of people that will buy them because not everyone has the money to buy goods from different businesses therefore the supply of these goods will increase. Now if you decrease the price allowing more people to buy your goods then you will have a shorter supply of stock.
2. The answer is option two or "shortages." Imposing price ceilings prevents a products price from rising to a certain level and doing so means that not many business owners can raise the price of their products when the demand for these products goes extremely high, which then causes a shortage a lack of supply of a product.
3. Supply curves is a graph that shows the supply, costs, or service and as a product comes out and experiences hype the business owners expect the supply to be low, but as time goes by and the hype settles the supply for this product would steady increase therefore the graph will always go "upward" or option one.
Hope this helps.
If Cooper does not need to access this account for 25 years, how much will be in the account then?
Answer:
29,093.01 Dollars
Explanation:
Definition: The annual interest rate paid by a bond. It does not reflect the interest rate paid over the life
of the bond
Answer:
the answer is: Current yield
i will give $1000 to someone that can help me with this. and im being serious
Answer:
shell say to get your team together and lead if can do it do it, if you cant, don't
Explanation: you're the team leader you're supposed to be able to make decisions even the hard ones
meaning of cooperative
Answer:
the Answer: involving mutual assistance in working toward a common goal.
Type the correct answer in the box. Spell all words correctly.
What will the Security and Exchange Commission’s plan of action be if it finds any irregularities in the dealings of a financial securities firm?
If the Security and Exchange Commission finds any irregularities in the dealings of a financial securities firm, it can send a comment letter and initiate __________ proceedings.
Please Help!!!!!!!!!!!!!!!
Answer:
proper
Explanation: