A prepayment is originally recorded as an asset. An adjusting entry at the end of the accounting period that results in decrease in the asset account and an increase in the expense account.
What is an accounting period?An accounting period refers to the period of time that covers certain accounting functions that can be either calendar or fiscal year.
A prepayment is originally recorded as an Asset. An adjusting entry at the end of the accounting period results in decrease in the asset account and an increase in the expense account.
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Discuss two reasons for starting a business.
Answer:
To get lots of money
Work at your own pace and work your own hours
Explanation:
Answer:
Starting a business is a lot of work but to make money
and to get money to support yourself and family to be able to keep you going and up on your feet
Explanation:
hope this helps
Tom, the seller, is helping the buyer with financing. tom will give this mortgage to the buyer, and the money will go toward the down payment. what kind of mortgage is this
Based on the scenario above, the kind of mortgage that the above situation is is called Purchase money mortgage.
What Is a Purchase-Money Mortgage?A purchase-money mortgage is known to be a kind of a mortgage that is said to be issued to the borrower and usually by the seller of a home and it is one that is also part of the purchase transaction.
Note that Based on the scenario above, the kind of mortgage that the above situation is is called Purchase money mortgage.
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the board of directors is charged with protecting the rights of
Answer:
the organization's assets and member's investment.
The board of directors is charged with protecting the rights of the organization's assets and member's investment.
What is member's investment?Investor Members, also known as "Subscribers," are Members who have contributed capital to the company. Brokerage accounts, Individual Retirement Accounts, education accounts, and employer-sponsored retirement plans are the four main types of investment accounts available to U.S. investors who want to achieve financial goals by investing in stocks.
Included among our 200+ full members are independent niche providers, independent stand-alone investment management companies, retail banking and investment banking conglomerates, and occupational pension plan managers.
Thus, organization's assets and member's investment.
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Your company makes Caffeine Cola, but the market for it disappears overnight when caffeine is discovered to be toxic. The next day, you begin producing Cholesterol Cola, a new product. You have experienced
If the next day, you begin producing Cholesterol Cola, a new product. You have experienced: Reactive change.
What is Reactive change?Reactive change occur when a company or an organization make changes in their product so as to handle unexpected or unforeseen events or situation that occurred.
Based on the given scenario you have experienced reactive change because you implemented a new change to your product that was found toxic without delay.
Therefore you have experienced: Reactive change.
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Anna is a sales representative for the Midwest Medical Supply. She really enjoys working for Midwest Medical, because she and others are treated as highly valued employees. Sales reps are given freedom and flexibility in their relationships with customers. While there are only a few layers of management at Midwest Medical, Anna has found that these managers try their best to support and assist her efforts. Based on Anna's experience, it appears that Midwest Medical is a(n)
"Anna is a sales representative for the Midwest Medical Supply. She really enjoys working for Midwest..." it appears that Midwest Medical is a casual organization. This is further explained below.
What is a casual organization?Generally, a casual organization is simply defined as a collection of individuals working together for a certain goal, such as a company or government agency.
In conclusion, "Anna works for the Midwest Medical Supply as a sales representative. For her, Midwest is a great place to work, she and others are treated as highly valued employees...." Midwest Medical looks to be more of an informal company.
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_______ allows a trucking company not only to compare its safety performance with other companies but to also adopt those practices found to be superior.
Benchmarking allows a trucking company not only to compare its safety performance with other companies but to also adopt those practices found to be superior.
What is benchmarking?This is a term that has to do with the evaluation of something in order to ensure that it is compared to a certain standard.
The act helps to ensure that the company would be well compared to other companies in terms of their activities.
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Price controls are sometimes used when the natural operation of free markets leads to: positive externalities. undesirable outcomes. an efficient distribution of goods. a trade deficit.
When a price controls are used, the natural operation of free markets leads to positive externalities.
What is a positive externalities?This refers to a condition that exists when the production and consumption of a good or service benefits a third party not directly involved in the market transaction.
Therefore, the Option A is correct.
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Price controls are sometimes used when the natural operation of free markets leads to undesirable outcomes. Option B. This is further explained below.
What are Price controls?Generally, Price control is simply defined as a government rule setting a maximum price for specific commodities and services.
In conclusion, Occasionally, price restrictions are implemented when the normal functioning of free markets results in unwanted consequences.
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A worker’s positive reaction to a negative performance review from an employer might be to ______. a. ignore the criticisms made at the review b. address the criticisms made at the review c. dismiss the criticisms made at the review d. agree with the criticisms made at the review please select the best answer from the choices provided a b c d
A worker's positive reaction to an employer's negative performance review may be to address the criticisms made in the review.
What is the role of performance appraisal?It is a technique used in organizations with the objective of assisting in the development of the employee, through the review of their organizational conduct, instituting new functions and evaluating training needs if necessary.
Therefore, through the performance evaluation, the employee receives feedback for their organizational functions, being able to align their conduct to the company's needs and develop their professional skills.
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Poor quality control will, over time, have what result for a brand?
oa.
higher wear-out
ob.
lower goodwill
o c.
smaller reach
od. market fragmentation
It will result the brand for smaller reach if the quality control will be poor overtime.
What factors are important to build a brand?A good brand has a clear focus, knows their target audience, has a defined mission, knows their competition, can identify their key values, tell their story and have a brand identity reflective of these goals, and does all of this consistently.
Brands are built by a combination of some factors like Quality, Positioning, Repositioning, Well-balanced communication, Long term perspective, Internal marketing.
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In which situation would a savings account be the be investment to earn interest
Question
in the evolution of the internet, which event occurred most recently?
a. e-commerce allows people to make transactions online.
b. email was invented.
c. web 2.0 replaced the world wide web.
d. arpanet was opened to the general public.
Answer: C
Explanation: Web 2.0 replaced the World Wide Web.
Nia is editing a row in an Access table. The row contains the Pencil icon on the left end of the record. What does
this icon indicate?
O The record is committed.
O The record has not been witten.
The record has been written.
O Nia is editing the record currently.
Answer:
Nina is editing the record recently.
Explanation:
It should be this one.
BSU Inc. wants to purchase a new machine for $29,300, excluding $1,500 of installation costs. The old machine was bought five years ago and had an expected economic life of 10 years without salvage value. This old machine now has a book value of $2,000, and BSU Inc. expects to sell it for that amount. The new machine would decrease operating costs by $7,000 each year of its economic life. The straight-line depreciation method would be used for the new machine, for a six-year period with no salvage value.Instructions
a. Determine the cash payback period.
b. Determine the approximate internal rate of return.
c. Assuming the company has a required rate of return of 10%, state your conclusion on whether the new machine should be purchased.
How many hotdogs are estimated to be eaten per second from memorial day to labor day?.
Answer:
818 hotdogs
Explanation:
Yes, thats the answer :)
Individuals from the marketing, production, and manufacturing departments at UniTel have been assigned to a team in order to accomplish a specific objective. This is an example of a __________ team.
Individuals from the marketing, production, and manufacturing departments at UniTel have been assigned to a team in order to accomplish a specific objective. This is an example of a project team.
Who are project team?This are group of individuals in charge of a particular project in an organization.
They work together as a team to achieve a particular goal.
Therefore, Individuals from the marketing, production, and manufacturing departments at UniTel have been assigned to a team in order to accomplish a specific objective. This is an example of a project team.
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The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 11,200 gallons of direct materials that actually cost $42,400 were used to produce 6,000 units of product. The direct materials quantity variance for last month was:.
The direct materials quantity variance for last month was: $3200 favorable.
Direct materials quantity varianceUsing this formula
Direct materials quantity variance=(Standard units - Actual Units) × Standard price per unit
Let plug in the formula
Direct materials quantity variance=[(6000 × 2) × 11200]× $4
Direct materials quantity variance= $3200 favorable
Therefore the direct materials quantity variance for last month was: $3200 favorable.
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Each component of a spreadsheet is identified in a specific way. which spreadsheet component is identified using letters of the alphabet? in a spreadsheet application, a is identified using letters of the alphabet.
The spreadsheet component is identified using letters of the alphabet in a column.
What is Column?In spreadsheet, Columns is known to often run in a vertical direction while on the spreadsheet.
Note that an Excel spreadsheet is made up of 256 columns that are labeled with the use of letters of the alphabet.
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A company is considering two capital investments. Each requires an initial investment of $15,000 and has a 4 year useful life. Investment A has expected cash inflows of $5,000 each year for the 4 years for total cash inflows of $20,000. Investment B has the following expected cash flows: Year 1: $8,000; Year 2: $6,000; Year 3: $4,000; Year 4: $2,000; Total cash flows: $20,000. Using the payback period as the evaluation method, which investment should be chosen by management
Based on the cashflows from each investment, the investment that should be chosen based on the payback period is Investment B.
What is the payback period for Investment A?This can be found as:
= Investment / Annual cash inflow
= 15,000 / 5,000
= 3 years
What is the payback period of Investment B?= Year before payback + Amount left to be paid / Cash inflow in year of payback
= 2 + (15,000 - 8,000 - 6,000) / 4,000
= 2 + 1,000 / 4,000
= 2.25 years
The company should pick Investment B as it pays back sooner than Investment A.
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What is the total revenue of mike's ice cream business if he sells ice
cream for $2.00 a bar, and sells 25 bars in a day. his total cost of
operation is $15.00 to run the stand.
o $30.00
o $35.00
o $42.50
o $50.00
Answer:
$50
Explanation:
Total revenue= Price multiplied by total quantity sold.
Total Revenue= $2 multiplied by 25=$50.
Profit is total revenue minus total cost= $50-$15=$35
Select all the correct answers. why do nations practice protectionism? to prevent loss of jobs and livelihoods to improve relations with other nations to encourage growth of new industries to give consumers more choices to retaliate against unfair trade practices
The nations practice the policy of protectionism in order to safeguard the jobs and livelihood, maintain good relations with other nations, and fight against unfair practices.
Options A, C, and E are the correct answers.
What is protectionism?Protectionism is a kind of policy exercised to regulate imports from outside by making them costly.
Under the policy of protectionism, the imports can become expensive by putting trade restrictions like charging tariffs, putting imports quotas, etc. this decrease the profitability of imported goods. This policy safeguards the workers, companies, and manufacturers when engaging in competition with other nations.
Therefore, the explanation provided in points A, C, and E are specifying the reasons for the use of protectionism policy by nations.
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Question 7 of 25
Social Security withholding is an example which tax
Answer: regressive tax
Explanation:
There are more than 7 billion potential customers in 195 countries around the globe. Each country possesses unique materials and skills, and as technology advances, communication barriers are being brought down. Therefore: Multiple choice question. conducting business globally is not an increasing trend there are too many differences to be able to successfully conduct business globally it is important to conduct business globally the United States should shelter itself from competitors
"There are more than 7 billion potential customers in 195 countries around the globe....", therefore, it is important to conduct business globally. Option C. This is further explained below.
What is business?Generally, business is simply defined as a transaction b/w two or more parties to make a profit.
In conclusion, It is critical to do business worldwide because of the "more than 7 billion potential clients in 195 nations throughout the world."
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Answer:it’s important to conduct business
Explanation:
A capital investment project has the following expected incremental values next year: Revenue $1,000,000 Operating costs 200,000 Depreciation 300,000 If the income tax rate is 25%, the incremental after-tax operating cash flow is:
Based on the calculation below, incremental after-tax operating cash flow is $675,000
How to calculate incremental after-tax operating cash flowThis can be calculated as follows:
Profit before interest and tax = Revenue - Operating costs – Depreciation = $1,000,000 - $200,000 - $300,000 = $500,000
Operating income = Profit before tax – (Profit before tax * Tax rate) = $500,000 – ($500,000 * 25%) = $375,000
Therefore, we have:
Incremental after-tax operating cash flow = Operating income + Depreciation = $375,000 + $300,000 = $675,000
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REALTOR Dana is a complainant in an ethics complaint. As long as the respondent agrees to the method, Dana's confident that they'll be able to use mediation in the matter. How is Dana so sure?
How is Dana so sure is; All local boards must tend to offer mediation in otherwise arbitrable matters.
What is mediation?Mediation can be defined as the way in which a mediator help to resolve dispute whenever their is conflict between two parties by making use of dispute resolution techniques.
Offering mediation in arbitrable matter is important as it can tend to help to settle dispute.
Therefore All local boards must offer mediation in otherwise arbitrable matters.
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The number of families receiving snap benefits grew most between . by 2012, about million families were receiving snap benefits.
The number of families receiving snap benefits grew most between 46 by 2012, about million families were receiving snap benefits.
What is snap benefit?Snap benefit which full meaning is Supplemental Nutrition Assistance Program can be defined as a federal government program that help to provides food for low income earners or people that cannot afford it.
By the end of 2012, about 46 million families were beneficiary of the SNAP program.
Therefore the number of families receiving snap benefits grew most between 46 million.
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Answer:
2008 to 2010
46 million families
Explanation:
Just did it :)
The two purposes that are reflected by the burden-on-commerce doctrine and nondiscrimination principle implied by the Commerce Clause are: ___________ and ___________. (Choose two correct answers.)
The two purposes that are reflected by the burden-on-commerce doctrine and the non-discrimination principle implied by the commerce class are blocking state protectionism and ensuring free interstate.
What is Commerce?Commerce refers to the activity of buying and selling on a large scale and involving transportation from one place to another.
Blocking state protectionism and ensuring free interstate are the two purposes that are reflected by the burden-on-commerce doctrine and nondiscrimination principle implied by the commerce clause.
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direct labor and indirect labor are recorded, respectively, to:
a. factory overhead and work in process inventory.
b. work in process inventory and finished goods inventory.
c. finished goods inventory and work in process inventory.
d. work in process inventory and factory overhead.
e. cost of goods sold and finished goods inventory.
Answer:
Explanation:
irect labor and indirect labor are recorded, respectively, to:
a. factory overhead and work in process inventory.
b. work in process inventory and finished goods inventory.
c. finished goods inventory and work in process inventory.
d. work in process inventory and factory overhead.
e. cost of goods sold and finished goods inventory.
According to the video, what are the goals of window displays? check all that apply.
to catch the eye
to learn about the customers
to make merchandise look irresistible
o to make salespeople feel glamorous
Answer:
a and c
Explanation:
Answer:
its a and c
Explanation:
i got it right
An electronics company is launching a new voice-controlled television. The company's owners decide to use broad match in their Search Ads campaign with the keywords ""voice-controlled television."" How will broad match benefit the company's campaign?
The broad match will get benefit the campaign and will reach more users by serving new, relevant queries.
What is Search advertisements marketing campaign?Search campaigns can help you location advertisements throughout a massive community seeking results. You can display advertisements to human beings actively looking online for your merchandise and services.
Thus, The broad match will get benefit the campaign and will reach more users by serving new, relevant queries.
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Which of the following is not one of the four basic financial statements? a.income statement b.statement of cash flows c.statement of changes in financial position d.balance sheet
Financial statements are written records that indicate the business activities and the financial performance of a company. Hence, the document that is not a financial statement is option C.
What are the four types of financial statements?The four main financial statements are:
balance sheets; income statements; cash flow statements; and statements of shareholders' equity.Therefore, only option C. statement of changes in financial position is not among.
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