Answer:
Napier's bones is a manually-operated calculating device created by John Napier of Merchiston, Scotland for the calculation of products and quotients of numbers. The method was based on lattice multiplication, and also called 'rabdology', a word invented by Napier. Napier published his version in 1617.
On December 31, 2020, Coolwear, Inc. had a balance in its prepaid insurance account of $55,400. During 2021, $93,000 was paid for insurance. At the end of 2021, after adjusting entries were recorded, the balance in the prepaid insurance account was $45,500. Insurance expense for 2021 was:
Based on the amount paid for insurance and the prepaid balance, Coolwear Inc. probably had an insurance expense of $102,900.
The insurance expense of the year can be calculated as:
Closing prepaid insurance = Opening prepaid insurance + Amount paid for insurance - Insurance expense
Solving will give:
Insurance expense = Opening prepaid insurance + Amount paid for insurance - Closing prepaid insurance
= 55,400 + 93,000 - 45,500
= $102,900
In conclusion, insurance expense was $102,900.
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why should mary ann and nana create a business plan?
One of the most important steps in beginning and operating a business is writing a business plan. It acts as a strategic instrument to direct choice-making, reduce risk, and increase chances of success.
A business plan is a strategic instrument for defining and clarifying the concept of the business as well as its main aims and objectives. It offers a methodical manner to describe what the company wants to accomplish and how it intends to do it.
In a business plan, Mary Ann and Nana describe the approaches they aim to take in order to realize their objectives. They can use it to plot out their necessary course, spot probable obstacles, and make backup plans.
The financial, human, and technological resources that the company will require to run successfully are listed in the business plan. This guarantees effective resource allocation and prevents wasteful spending.
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withdrawn rs 1000 on a permanent basis out of capital.
Answer:
withdraw a/c...........Dr 1000
To cash a/c 1000
Explanation:
what is the cumulative effect of the inventory error on total gross profit for the 2 years?
Answer:
its lower gross profit under the LIFO then the methode FIFO
Explanation:
Explain supply and demand. Provide an example or real life scenario
These are examples of how the law of supply and demand works in the real world. A company sets the price of its product at $10.00. No one wants the product, so the price is lowered to $9.00. Demand for the product increases at the new lower price point and the company begins to make money and a profit.
plz help 25 points!!!
Answer:
I thinks its b
Explanation:
who invented the selfie stick what purpose does it serve
Answer:
In 2005, selfie sticks were invented by Wayne Fromm, and the purpose of the selfie stick was to take photographs or videos by positioning a digital camera device beyond the normal distance of an arm. The device will also allow selfie-takers to affix their phones to a wall and stand away while snapping a picture. After the photo is taken, users will be able to easily remove their phones from the wall without leaving a trace.
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What is a Selfie
Selfie is a self-portrait picture diverted from the Aussie Language in Australia
A selfie stick is used to take photographs or videos by positioning a digital camera device, typically a smartphone, beyond the normal range of the arm. This allows for shots to be taken at angles and distances that would not have been possible with the human arm alone.
a device in the form of a rod on which a camera or smartphone may be mounted, enabling the person holding it to take a photograph of themselves from a greater distance than if holding the camera or smartphone in their hand.
Answer:
Who Invented Selfie Stick
Wayne Fromm
What Purpose does The Selfie Stick Serve?
to take photographs or videos by positioning a digital camera device, typically a smartphone, beyond the normal range of the arm.
Answer:
The selfie stick was invented by a Canadian inventor named Wayne Fromm in the early 2000s. The purpose of a selfie stick is to extend the reach of a smartphone or camera so that the user can take a picture of themselves (a selfie) or a group photo with a wider angle without having to ask someone else to take the picture for them.Selfie sticks have become popular since they allow people to capture better photos of themselves with a background they would like to showcase. They are portable, easy to use and can be adjusted to different lengths.
Segment margin is equal to sales revenue less all costs attributable to a segment that ______. Multiple choice question. is the same thing as contribution margin is calculated as part of a special-order decision includes both direct and common fixed costs includes both variable and direct fixed costs
Answer:
includes both variable and direct fixed costs
Explanation:
Which of the following is true of disruptive technologies? A. The tech industry is the least fertile ground for disruptive technologies. B. Initially underperforming incumbents, over time their performance attributes improve to the point where they invade established markets. C. They come to market with a set of performance attributes that existing customers have demanded. D. Disruptive technologies and disruptive innovations are independent concepts. E. The term disruptive technologies is a simple one because few technologies are able to create market shocks and catalyze growth.
The true statement about disruptive technologies is they come to market with a set of performance attributes that existing customers have demanded.
Disruptive technologies are technological advancement that leads to changes in the operations of an industry, market or economy. Examples of disruptive technologies are artificial intelligence, 3d printing, cloud storage and robotics.
The technology industry is a fertile ground for disruptive technologies. This is because most inventions originate from the tech space. Disruptive technologies replace or drive out existing technologies and render them obsolete. The worst hit are underperforming incumbents.
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nathalie, customer relations manager at digital media, inc., must inform her clients of a 15 percent price increase for all services. in doing so, she should be sure to
When informing her customers of a 15% price increase on all services, customer relations manager Nathalie must be sure to offer customers money-saving options such as bundled services or choosing less comprehensive plans.
Communicating a price increase can be perceived by customers as bad news, as it can affect their budget if they are not prepared to overspend on a digital media service.
Indirect communication is also positive when delivering bad news, as it can first focus on positive argumentation to soften a fact, such as demonstrating that the change will bring the following benefits:
Higher quality of service.Faster delivery.Customization.Therefore, when communicating not-so-positive news to customers, manager Nathalie should seek to soften the impact of the news by emphasizing options for cheaper service, packages and plans so that she can keep her customers.
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Research on performance appraisal suggests a. performance appraisal ratings are usually used only for feedback purposes. b. employees are always well aware of the basis for their evaluations. c. as organizations become flatter, there is less need for multiple appraisal perspectives like those of peers, customers and subordinates. d. feedback is most effective if it immediately follows high or low performance.
Research on performance appraisal suggests "feedback is most effective if it immediately follows high or low performance."
Generally, the performance appraisal is conducted for some major reasons such as :
To give reasonable feedback to each of the employees on their performance; To form the yardstick to alter employers' attitude towards effective performance. To give equip managers with the necessary information to appraise subsequent job assignments.Hence, in this case, it is concluded that the research appraisal feedback is most effective if it immediately follows high or low performance.
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A trading company acts like a ______, taking on much of the responsibility of finding markets while facilitating all marketing aspects of a transaction.
What is something that quantitative research won't tell you?
A. A company's annual earnings
B. A company's stock performance over the past five years
C. How happy a company's employees are
D. When a company went public
The findings that quantitative research won't tell you is "When a company went public."
This is because quantitative research measures the situation in value using numbers analysis
Usually, quantitative research analyzes numerical data to conclude.
Options A, B, and C can be measured on numerical scales, in which the conclusion can be reached.
However, option D is just a date; it cannot be analyzed with quantitative research analysis.
Hence, in this case, it is concluded that the correct answer is option D. "When a company went public."
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Answer:
c
Explanation:
took the test
where is the account accumulated depreciation on equipment found on the financial statements?
Answer:
The Balance Sheet
Explanation:
The accumulated depreciation lies right underneath the "property, plant and equipment" account in a statement of financial position, also known as a balance sheet or report on financial condition.
One characteristic of the United States Foreign Corrupt Practices Act is that it: ____________
a. applies to only international transactions that occur within the territorial borders of the United States.
b. is an attempt to support U.S. businesses by exporting U.S. values that indirectly aid business.
c. clearly stipulates terminology and behavior that is illegal on the part of U.S.
d. businesses and foreign business operating in the United States.
e. includes uncertainties such as terminology, definitions, accounting standards, and behavior standards.
One characteristic of the United States Foreign Corrupt Practices Act is that it clearly stipulates terminology and behavior that is illegal on the part of U.S
United States Foreign Corrupt Practices Act was set up in 1977. It helps to
serve as a guide to know the legal and illegal behavior expected of
individuals by the USA.
Example of illegal behavior by the Act includes offering bribes for favor to gain business deals, keeping to agreements etc.
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which one of the following is a primary market transaction?
what characterizes developing economies? check all that apply.
Explanation:
Explanation: What characterizes a developing economy is the rapid pace of GDP and improved social indicators such as rising living standards and the rise of the middle class. GDP will be accelerated as production in the country increases.
the erie canal connected industry and consumers in the east with what group?
The Erie canal was able to connect industries and consumers in the east with c. Midwestern farmers.
The Erie Canal:
Was completed in 1825Connected New York City and the Great Lakes Allowed for goods to be shipped to and from the New York to the Great LakesThe Great Lakes were accessible to farmers in the midwestern region and after the Erie Canal was built, farmers were able to send their produce via the Great Lakes and through the Erie Canal to New York City where it could be purchased by industries and people or shipped internationally.
In conclusion, the Erie canal was very important to midwestern farmers as it increased their reach.
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Options for this question include:
a. Southern planters
b. Canadian fur traders
c. Midwestern farmers
d. New England fishers
Researchers recruited participants for a wine tasting study that included a variety of wines in terms of style and price. The participants tasted a series of wines in a random order. Participants could look at the bottle for each wine so they could take its price and label information into account as they tasted and rated each wine. The participants rated the more expensive wines significantly better tasting than the less expensive wines. The researchers carrying out the study conclude that more expensive wines taste better.
Required:
What is a confounding variable that makes their conclusion inappropriate?
Answer:
The lack of blinding
Explanation:
Seeing the price of each wine is a confounding variable. The participants might already think that expensive wines will taste better than cheaper wines.
the efficient markets hypothesis says that beating the market consistently is
Answer:
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Explanation:
lon 4 of 20
What is profit?
A. Money remaining when all expenses except salaries, rent, and
taxes have been paid.
B. Money lost after all other business expenses, including salaries,
rent, and taxes have been paid.
C. Money invested after all business expenses, including salaries,
rent and taxes have been paid.
D. Money remaining when all other business expenses, including
salaries, rent, and taxes, have been paid.
SU
which is most likely the reason why policymakers would impose a a price ceiling on the market for coffee?
The reason for imposing the price ceiling is to prevent the producer/seller from taking advantage of the consumer.
Price ceiling refers to an economic tools used by policymaker to mandate a maximum price that the seller must charge for sales of a product or service.
Price ceiling serves as a tool to prevent the producers from exploiting the consumers.
The price ceiling are imposed by the policymaker to prevent producer or seller of coffee to have price advantage of its sales to the coffee consumers.
Therefore, in conclusion, aim of preventing exploitation of consumer is the reason of imposing price ceiling on coffee market.
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Some companies expand successful retail businesses by entering into contracts that give others the right to operate businesses with the same name and format. This is called ______. Multiple choice question. franchising an administered vertical marketing system licensing co-branding
Answer:the answer is franchising
Explanation:
Franchises are contracts or stores and are given to public people to own and operate
Franchising is when some companies expand successful retail businesses by entering into contracts which give others right to operate businesses.
What is franchising?Franchising refers to an arrangement whereby a one party gives aproval for the other party to trade in his name with all rights and privileges.
Advantages of owning a franchise are :
Franchise owner gets valuable help throughout the lifespan of the business. Owning a franchise comes with a low rate of failure.Hence, franchising is when some companies expand successful retail businesses by entering into contracts which give others right to operate businesses.
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X Company, which uses the gross method and a perpetual inventory system, sold $2,000 of merchandise on account with credit terms of 2/10,n/30. If the customer pays within the discount period and takes the discount, X will record a journal entry that includes ______. (Check all that apply.)
Answer.
Explanation.
20 Characters long
How many corporations still offer their employees a pension plan
10%
50%
12%
20%
Kelly is 28 years old and lives in California. This year 2019 tax year, Kelly bought a new auto for $20,000 plus 1,650 in state and local sales taxes. Besides this sales tax, Kelly also paid $8,260 in state income taxes mortgage interest of $5,500 (400,000 acquisition indebtedness on her residence). If Kelly files single with AGI of $56,000, what amount of itemized deductions will she be eligible to claim
$8260 + $5500= 13,760 State income taxes, but not sales taxes,
how much should a single person spend on groceries?
Answer:
175$-348.80$
Explanation:
sorry if you get the answer wrong .
Answer:
200-300 I guess beacuse we should fulfill our all needs. Not to starve ourself.
Explanation:
Eat everything you like
Acme, Inc.'s books show an ending cash balance of $10,000 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $3,000; deposits in transit of $2,000; NSF check of $100; and interest earned on the bank account of $10, the company's up-to-date ending cash balance equals ______.
The company's up-to-date ending cash balance equals $9,100.
Here, we are preparing company's up-to-date ending cash balance through reconciliation format.
Balance as per bank $0 Balance per books $10,000
Add: Deposit in transit $2,000 Add: Bank collection $0
Less: Outstanding checks $3,000 Add: Interest revenue $10
Adjusted bank balance $9,110 Less: Service charges $100
EFT and NSF checks
$10,110 Adjusted book balance $10,110
Therefore, the company's up-to-date ending cash balance equals $9,100.
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How does fractional-reserve banking influence the money supply in the United States?
The banking system help influence money supply by using customer's deposit to generate more money in the system.
The Fractional reserve banking is a system where the banks hold some fraction of the customers' deposit as reserves and the rest are used to generate returns in the form of interest rates on loans.
The United States banking system practices the fractional reserve banking because its allows the commercial banks to get interest on customer's deposits with them
Therefore, in conclusion, the fractional-reserve banking influence the money supply in the United States because the process helps creates more money and thus increases the economy money supply.
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Answer:
Fractional-reserve banks issue depositor funds to borrowers, increasing the number of claims made on the same dollars.
Explanation:
according to gaap which method should be used to record the acquisition of a fixed asset
According to gaap, the method that can be utilized in recording the acquisition of a fixed asset is Cost method.
In GAAP , the one method that is notable and accurate in recording a fixed asset is the cost method. The cost method can be regarded as method utilized in recording the acquisition cost of the fixed asset as well as the costs of bringing the fixed asset to the condition that is needed for it to be used as well as the required location.Therefore, cost method helps in recording acquisition of a fixed asset .
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