Answer:
credit to Unrealized Holding Gain or Loss―Income for $210,000.
Explanation:
Given that
The fair value is $920,000
The carrying amount is $710,000
So this represent the account has increased by $210,000
So for recording the adjusting entry we credited the non-realized holding gain or loss for an income of $210,000
And, this income come from
= $920,000 - $710,000
= $210,000
What is the first step in deriving depreciation using the abstraction method? Gather data for all recently sold comparables for the purpose of estimating their reproduction costs. Gather data for all comparables to establish the historic high price paid for similar properties. Gather data on comparable neighborhoods for the purpose of estimating resale value. Gather data on comparable listings that have not sold in the same neighborhood.
Answer:
Gather data for all recently sold comparables for the purpose of estimating their reproduction costs.
Explanation:
Depreciation can be defined as the reduction of cost of a fixed asset systematically until the value of the asset becomes zero.
An abstraction method involves subtracting the value that is required to substitute or replace improvements based on the market's depreciation. Thus, it requires the use of comparable sales to estimate the value of a particular property by subtracting its value from the total sales price of the property.
Hence, the first step in deriving depreciation using the abstraction method is to gather data for all recently sold comparables for the purpose of estimating their reproduction costs.
Additionally, the Modified Accelerated Cost Recovery System (MACRS) can be defined as a depreciation system that avails business owners or companies the ability and opportunity to recover or recoup the cost basis of physical assets that have experienced deterioration over a specific period of time.
In the United States of America, the Modified Accelerated Cost Recovery System (MACRS) is used mainly for tax purposes because it gives room for faster depreciation of a physical asset in its first years or initial usage and reduces depreciation as it is being used over a long period of time.
Zappos' product selection includes performance athletic shoes, outdoor coats, contemporary shirts, couture accessories, and more. This selection best illustrates the firm's: a.product positioning. b.product line depth. c.market niche. d.product mix breadth.
Answer:
This is an example of product mix because it represents all of the company's product lines put together :)
The higher wages college graduates receive are primarily due to discrimination Answer A: discrimination A differences in working conditions Answer B: differences in working conditions B on-the-job training Answer C: on-the-job training C differences in bargaining power Answer D: differences in bargaining power D differences in human capital ap microeconomics
Answer:
A differences in working conditions
Explanation:
The working conditions of the employees matters a lot when it comes to determine the wages of the employees. There is always a discrimination made based on the working condition, the level of education received by the employees and many more.
Thus the higher wages received by the college graduates is mainly due to the working condition and the responsibilities that they are going take while working in an organization when compared to their sub-ordinates.
If licensee A representing a party cannot attend a closing and the employing broker B sends another licensee C in his place, which party or parties is responsible for the accuracy of the closing statement?
Answer:
B sends another licensee
Hope this answer helps you :)
Have a great day
Mark brainliest
Question 6 of 10
A country exports goods and services valued at $400 million in a year. During
that same year, the country imports goods and serves valued at $300 million.
Which conclusion best describes the country's balance of trade?
O A. The country has a trade surplus.
B. The country has established a comparative advantage.
C. The country has established an absolute advantage.
D. The country has a trade deficit.
SUBMIT
If a country exports goods and services valued at $400 million in a year and in the same year imports goods and serves valued at $300 million, it can concluded from its balance of trade that the country has a trade surplus. Thus, option A is correct.
What is balance of trade?The difference between a country's exports and imports for a certain period is known as the balance of trade (BOT). The main component of a country's balance of payments (BOP) is the balance of trade.
A country with a trade deficit imports more products and services than it exports in terms of value, whereas a country with a trade surplus exports more goods and services than it imports. The BOT can be calculated by subtracting the total value of its exports from the total amount of its imports.
The balance of trade for this country will be the difference between its exports and imports. It is given that the country exports goods and services valued at $400 million in a year and the country imports goods and serves valued at $300 million. So its balance of trade will be $100 ($400-$300) as trade surplus.
Therefore, the country shows a trade surplus.
To learn more on balance of trade, click here:
https://brainly.com/question/7643957
#SPJ5
Lawrence has been asked to learn how many cars drive by a specific location that his company is considering for a new restaurant. The most useful way to research this information would be by
Answer:
The answer is Investigating Primary Sources
Explanation:
I chose this answer because According to this problem, even though it doesnt say it, the smartest way to investigate a location you want to make a business
really you would need to see the sources for it.
Determining Cost of Goods Sold For a recent year, Best Buy (BBY) reported sales of $39,528 million. Its gross profit was $9,191 million. What was the amount of Best Buy's cost of goods sold
Answer:
30,337 million
Explanation:
sales-cost of goods sold = gross profit
(in millions)
(x= COGS)
39528-x=9191
x=30,337
As a manager, you want to praise a team member, Phil, for doing a good job on a particular project. However, you know he tends to be an introvert. Which communication method would Phil be most comfortable with
Potential GDP is defined as the maximum quantity that an economy can produce given its existing levels of labor, physical capital, and technology, in the context of its existing market and legal institutions. Potential GDP is also called
Answer:
potential output or natural GDP
Explanation:
Potential gross domestic product (GDP) is the level of output which any economy can produce at a constant inflation rate.
When GDP falls short of that natural limit, it means the country is failing to live up to its economic potential. When GDP exceeds that natural limit, inflation is likely to follow. This is why potential GDP is sometimes referred to as potential output or natural GDP.
On January 23, Bennington Corporation, for the first time in its short history, purchased 200 shares of its own common stock for $40 a share. On March 31, it sold 100 of those shares for $45 a share. What is the credit amount to Treasury Stock account?
Will mark BRAINLIEST!
Karen, the owner and chief executive of a large media company, has authorized the purchase of a new computerized accounting system. Which step will ensure security of her data?
A. providing employee training
B. upgrading her network firewall
C. purchasing the newest version
D. making herself the only authorized user
E. purchasing new keyboards
Answer:
my answer is that a letter E
The demand curve for coffee shifts Group of answer choices only when income changes. when a determinant of the demand for coffee other than the price of coffee changes. when the price of coffee changes. Both b and c are correct.
Answer:
when a determinant of the demand for coffee other than the price of coffee changes
Explanation:
There should be the demand curve of the coffee shifted at the time when the coffee demand other than the coffee price change i.e. it can be increase or decrease. In other words, all the factors are changed other than price so there would be the shift in the demand curve of the coffee
So as per the given situation, the above represent the answer
High student loan payments can impact all of the following life decisions except _____.
a)getting married
b)buying a car
c)being abele to afford food
d)buying a house
Hi there!
Answer:
Option A, see below!
Explanation:
If you are high in student loan debt, your DTI (debt-to-income) ratio will be closer. The more farther apart the two numbers are the better. The more closer to each other they are the worse. High student loans can affect buying a car, getting food and buying a house because you need money for these, unlike getting married. The answer is option A.
Taxes on cigarettes are designed to a. lower the price to reflect their true benefits b . encourage farmers to grow more tobacco . raise the price to reflect their true costs d. restrict sales to government-owned stores
Answer:
c
Explanation:
A tax is a compulsory sum levied by the government or an agency of the government on goods and services. Taxes increases the price of a good. the aim of tax on cigarettes is to increase the price of cigarettes. this should discourage consumption of cigarettes. taxes on cigarette reflect the true cost of consuming cigarettes
What is the first step in the federal budget process?
a. Congress debates and compromises on a budget
b. Federal agencies propose spending
c. Executive branch creates a budget
d. President signs or vetoes budget
Answer:
executive branch create a budget
Explanation:
i think in every budget process the first step is to plan or create a budget
The Executive branch creates a budget, which is the Frist step in the federal budget process. Therefore option C is correct.
What is Budget?
A spending plan based on income and costs is called a budget. In other words, it's a projection of your income and expenses for a specific time frame, like a month or a year.
You can always have enough money for the things you need and the things that are crucial to you because budgeting helps you to make a spending plan for your money. Maintaining a budget or spending plan will also assist you in remaining out of debt or, if you are already in debt, in overwhelming it.
Depending on the specific area of the business that has to be prioritized, different budgets can be prepared. Below are three examples of common budgeting plans.
Forecast Budget
Performance Budget
Cash Budget
Hence, firstly executive branch creates a budget.
https://brainly.com/question/14188925
To learn more about Budget follow the link.
#SPJ2
strategic management process, there's should also be a ________ when it comes to business * 1 point
Answer:
mission
Explanation:
The strategy of an organization are the plans that the organization run to increase their productivity and run a good business in the future. Strategic management is what the managers and the employees do develop and organize the strategies of the company.
The organization should also have a mission for which all the employees should strive to work and achieve it. Mission is purpose of the existence of the organization. There should always be a mission when it comes to business.
Under the Uniform Securities Act, an investment adviser who has no place of business in a State is exempt from registration if the:
Answer:
✓The adviser had no more than five clients in that state within the last 12 months
✓ The adviser provided advice only to investment companies in that state.
✓The adviser provided advice only to insurance companies in that state
Explanation:
THIS IS THE COMPLETE QUESTION BELOW
Under the Uniform Securities Act, an investment adviser who has no place of business in a state is exempt from registration in that state if the adviser provides advice in which of the following situations?
ANSWER:
The Uniform Securities Act can be regarded as is a model law which was set up to serve as starting point as regards to state-level securities regulation. The purpose of this Act is to handle securities fraud at the state level and also to give assistance to the Securities and Exchange Commission (SEC) in aspect of enforcement as well as regulation.
As regards to the scenerio in the question, The investment adviser
✓would not have more than five clients in the whole particular state and within the period of duration of last 12 months.
✓ His advice will Only be towards
investment companies in that state.
✓His advice will Only be towards
insurance companies in that state
What will having the right skills do for you?
Answer:
having the right skills will increase your knowledge and it will help you increase your chances of making your business and be the boss not the worker and you could help inspire people when you do have a business with your skills
Explanation:
what is air conditioner and how does its work?
Answer:
is a system used to cool down the temperature in an inside space by removing the existing heat and moisture from the room. ... Your air conditioner quickly converts gas into a liquid and back again using chemicals that remove the warm air from inside your home.
When the local used bookstore prices economics books at $15.00 each, they sell 70 books per month. If they lower the price to $7.00 each they sell 90 books. If so, the price elasticity of demand for the books is
Answer:
0.34,
Explanation:
% change in qty = { (90-70) / [(90+70)/2} *100 = 25%
% chnage in price = { (7-15) / [(7+15)/2} *100 = -72.73%
PRICE ELA OF DEMAND = CHANGE IN QTY/ CHANGE IN PRICE
PRICE ELA OF DEMAND = 25/72.73 = 0.343
an increase in price from $7.00 to $15.00 results in an increase in total revenue.
The price elasticity of demand for the books when 90 books are sold when the prices are lowered from $15 to $7 each will be 0.34.
What is price elasticity of demand?A percentage change in the quantity demanded for particular goods or services due to a percentage change in the price of such goods or services is known as the price elasticity of demand.
For the given case, the price elasticity of demand will be calculated as,
[tex]\rm Price\ Elasticity\ of\ Demand\ = \dfrac{\dfrac{Final\ Quantity-Initial\ Quantity}{Initial\ Quantity}}{\dfrac{Final\ Price- Initial\ Price}{Initial\ Price}}\\\\\rm Price\ Elasticity\ of\ Demand\ = \dfrac{\dfrac{90-70}{70}}{\dfrac{15- 7}{7}}\\\\\rm Price\ Elasticity\ of\ Demand\ = 0.34[/tex]
Hence, the price elasticity of demand is calculated as above.
Learn more about price elasticity of demand here:
https://brainly.com/question/20630691
#SPJ2
As aggregate output rises, the demand for money ________ and the interest rate ________, so that money demanded equals money supplied and the money market is in equilibrium. increases; falls decreases; falls increases; rises decreases; rises
Increases in productivity are difficult to achieve if Open Hint for Question 15 in a new window. the task is more physical and tangible. the task is more good-producing and standardized. the task is more quantitative and repetitive. the task is more intellectual and personal.
Answer:
the task is more intellectual and personal.
Explanation:
Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.
In Economics, there are four (4) main factors of production and these are;
I. Land.
II. Labor (working).
III. Capital resources.
IV. Entrepreneurship.
When these aforementioned factors of production are combined effectively and efficiently, they can be used for the manufacturing or production of goods and services to meet the unending requirements or needs of the consumers.
Generally, the level of productivity of a business firm or an organization would increase when the inputs such as capital, raw materials, labour, etc., decreases while output such as finished products remain the same.
However, it would be quite difficult for a business firm or an organization to experience increases in its level of productivity (output) if the task required to be executed is more personal and requires the use of intellect, knowledge and skills.
Two consumers each earn $87,000 annually but they spend their money quite differently. The first owns four motorcycles and enjoys hunting and fishing. The second plays golf weekly and drives an SUV. The marketing manager might target these two consumers as part of two different segments based on their
Answer:
The answer is
= Lifestyle
Hope this answer helps you:)
Have a great day
Mark brainliest
Apple is constantly striving to introduce new products into the marketplace. At the initial stage, Apple design teams are separated from the rest of the organization and housed in a separate facility to enhance the ability to develop new concepts. This approach has proven to enhance the ability to come up with new concepts in the _____ stage of the new-product development process.
Answer:
Idea generation.
Explanation:
The new product development process is a process of taking a product to the market. It is a part of product design. The process continues till the life cycle of product is over.
There are several stages of the new product development.
The stage in which the Apple company is, in the given scenario, is idea generation.
Idea generation is the first stage of the new product development. In this stage, the company seeks for ideas for creating or developing new products.
Therefore, idea generation is the correct answer.
[tex]x(a - b) + (b - a)[/tex]
Explanation:
x(a-b)+(b-a)ax-bx+b+aax-a-bx+ba(x-1)-b(x-1)(x-1)(a-b)yr answer...
Please help I’ll give brainey if right answers
Answer:
f
Explanation:
Which is the most liquid asset?
A) jewelry
B) change jar
C) car
D) lake house
A person has $120 to spend on two goods (x and y) whose respective prices are $3 and $5 per unit. (a) Draw the budget line showing all the different combinations of the two goods that can be bought with the given budget. (b) What happens to the budget line if the budget (money available to spend) falls by 25%. (c) What happens to the budget line if the price of good x doubles? (d) What happens to the budget line if the price of good y falls to $4?
Answer:
Price of good x is $3
Price of good y is $4
A discount supermarket, such as Aldi, is most likely to place an emphasis upon which of the following elements of the marketing mix?
Answer: Price
Explanation:
Marketing mix simply refers to the set of tactics or actions that a company will use to promote its product or brand in the market. The marketing mix is made up of the Price, Product, Promotion and Place.
A discount supermarket, such as Aldi, is most likely to place an emphasis upon the price. It is a discount factor, therefore the price will be its point of emphasis.
Match the term with its definition Question 2 options: a method of advertising or selling that uses false claims to lure people into buying worthless or harmful products when a person deceives another person into buying products or services that he or she knows are ineffective or harmful the use of bandages or nonporous garments to compress body parts; also advertised for a method of weight-loss. 6 the best choice for staying hydrated. 5 a trendy weight-loss plan that promises dramatic results and are not healthy for you. 7 contains high levels of sugar and caffeine and has been linked to increases in weight and even obsesity. a product taken orally that contains one or more ingredients (such as vitamins or amino acids) that are intended to boost / be an additive to one's diet and are not considered food
Answer:
The answer is below
Explanation:
Matching the definition with the right words or terms, we have the following:
1. QUACKERY: a method of advertising or selling that uses false claims to lure people into buying worthless or harmful products.
2. FRAUD: when a person deceives another person into buying products or services that he or she knows are ineffective or harmful.
3. FIGURE WRAPPING: the use of bandages or nonporous garments to compress body parts; also advertised for a method of weight loss.
4. COOL WATER: the best choice for staying hydrated.
5. FAD DIETS: a trendy weight-loss plan that promises dramatic results and is not healthy for you.
6. COCA-COLA: contains high levels of sugar and caffeine and has been linked to increases in weight and even obesity.
7. DIETARY SUPPLEMENTS: a product taken orally that contains one or more ingredients (such as vitamins or amino acids) that are intended to boost/be an additive to one's diet and are not considered food