Answer:income statement will be less than; balance sheet
Explanation:
For long-lived assets that have been in use for more than one accounting period, Depreciation Expense on the debit. Accumulated Depreciation on the credit.
Therefore, the entry that was made by the accountant, assets and stockholders' equity will be decreased.
Depreciation simple defined as the allocation of the cost of a long-lived, tangible asset over its useful life making an expense on the income statement that is matched against the revenue gotten by the use the asset.
The effect of recording depreciation expense on the accounting equation is that Total assets decrease and Total stockholders' equity decreases
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after returning home from a trade show, ms. stephenson, the president of a manufacturing company, called a meeting of her production department. ms. stephenson explained the company would attempt to eliminate defects and repeated mistakes in employee performance through
Miss stephenson explained that policy of quality assurance will be implemented to eliminate defects and repeated mistakes in employee performance.
Quality assurance is a policy which intends to ensure that employees performed at optimal and quality level.
The policy aims to maintain and enhance the level of quality and performance of the employees.Therefore, the goal of Miss stephenson will be implemented through the policy of quality assurance.
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capital is the amount of money paid into a company by its owners.
The statement that the money paid into a company by its owners is called capital is True.
Capital is:
Contribution made to the company by its owners Can be cash or some sort of assetThe capital paid into the company represents an ownership stake of the person who paid it in which is why it is referred to as money put in by owners. Shares are a type of capital.
In conclusion, this is a true statement.
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In order to lower his monthly auto insurance bill, Henry has decided to change his existing policy by increasing the deductible for both collision and comprehensive insurance to the highest amount permitted by his insurance company, AA Auto Insurance. His current monthly auto insurance bill, which includes a $250. 00 deductible for collision and a $50. 00 deductible for comprehensive, is $43. 79. How will Henry's monthly auto insurance bill be affected by the change? AA Auto Insurance Type of Insurance Coverage Coverage Limits Annual Premiums Bodily Injury $25/$50,000 $22. 50 $50/100,000 $31. 75 $100/300,000 $40. 25 Property Damage $25,000 $120. 50 $50,000 $144. 75 $100,000 $193. 00 Collision $100 deductible $520. 00 $250 deductible $415. 25 $500 deductible $275. 75 Comprehensive $50 deductible $110. 25 $100 deductible $100. 00 a. $12. 48 b. $31. 31 c. $149. 75 d. $275. 75 Please select the best answer from the choices provided A B C D.
Answer:
12.48
Explanation:
The Amount of Henry's monthly auto insurance that is going to be affected by the change here is $12. 48
How to solve for the effect on the monthly insuranceThe amount for deductibe cohesion = $50.00
The amount for deductibe comprehensive = 43.79
50.0-43.79 = 6.24
The difference that is calculated here has been said to go by two instances. Therefore you have to multiply by 2
6.24 x 2 = 12.48
Therefore the amount of the auto insurance bill is $12.48
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If the product price is $100, average variable cost $40 per unit, and the total fixed costs are $120,000, what is the breakeven point
The breakeven point is 2000.
Breakeven point are the number of units sold at which net income is zero. It is a function of fixed cost, price and average variable cost.
Breakeven point = fixed cost / (price - average variable cost )
Fixed cost is cost that does not change regardless the level of output.
Average variable cost is total variable cost divided by output.
Price is the going price of an item.
Breakeven point = $120,000 / ($100 - $40)
$120,000 / $60 = 2000
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Morgan Company issued cumulative preferred stock. What additional special feature(s) could also have been granted to preferred stock holders
Answer:
-The right to convert the shares to common shares
-The right to redeem the preferred shares for cash
The right to convert the shares to common shares, The right to redeem the preferred shares for cash are the additional special feature could also have been granted to preferred stockholders.
What is stockholders?A military campaign is a large-scale, drawn-out, all-encompassing military strategy plan that entails a number of connected military actions or engagements that are thought of as separate elements of a broader conflict that is often known as a war.
Various military operations were carried out in the Asiatic-Pacific Theater of World War II to force the Japanese to abandon specific islands. For instance, the Aleutian Islands Campaign came to an end when the Japanese left the islands. Military strategists design campaigns with a wide range of objectives in mind.
American soldiers from the U.S. 1ID may be seen boarding a Higgins Boat on Omaha Beach in the image titled Into the Jaws of Death.
Thus, The right to convert the shares to common shares.
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the motor city miracle playoff game took place on january 8, 2000, when the tennessee titans returned a kickoff for a touchdown with 16 seconds left. what team did the titans beat in that game?
In January 8, 2000, the Motor City Miracle Playoff game took place that saw the Tennessee Titans play the Buffalo Bills.
The Motor City Miracle Playoff game:
Was played between the Buffalo Bills and the Tennessee Titans Ended in victory for the Titans Saw the Titans win with 16 seconds to goIn this very intriguing game, the Buffalo Bills were well on their way to victory after they scored a field goal with 16 seconds to go. The Titans however, scored a touchdown in those mere seconds to win the game 22 - 16
In conclusion, the Tennessee Titans played the Buffalo Bills.
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Needs for operating funds include ______. (Select all that apply) Multiple select question. controlling credit operations increases in stock price acquiring needed inventory making capital expenditures
Operational fund needs are simply known to be the amount one needs to keep current asset investments afloat. Needs for operating funds includes;
Making capital expendituresAcquiring needed inventoryControlling credit operationsCompanies often create their production cycle using control criterion that is affected by inventories, customer loans and basic cash needs.
Operating funds is used by firms to finance their purchasing program. The Key components to financial sustainability are;
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Which accurately describe differences between debit and credit cards.
Answer:
I did some research, and a debit card is a card that allows you to spend money on something that you got from the bank. Credit card is a card that allows you to borrow money from the card issuer. A credit card issuer is a bank or credit union that provides a credit card directly to the user. Kinda like a consumer. Anyways a credit card allow you to borrow money from the card issuer up to a certain limit in order to purchase items or withdraw cash. I didnt go of anyones word. All I did was do a little research, and this is what I found.
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Explanation:
how is self employment an alternative to large scale industries?
Answer:
The self-employment involving activities on a small-scale is a good alternative to large scale business which has brought various evils like environmental pollution, development of slums, exploitation of workers, and so on. In self-employment there is no limit of earnings as is the case with wage employment.
the new slide command on the ribbon lets you choose ________.
The New Slide command on the Ribbon lets you choose slide layouts.
Microsoft PowerPoint is a presentation program. Microsoft PowerPoint is used to create visual presentations of information using slides.
The menu Ribbon is used to accomplish several tasks in PowerPoint. It can be used to create a new slide, insert a picture or change the orientation of slides.
The New Slide command on the Ribbon lets you choose slide layouts.
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When different sequences of operations are required for creating small batches of different products, the type of design or layout used is the a. process layout. b. product layout. c. quota layout. d. output layout. e. product design.
When different series of operations are required in creating small batches of different products, the type of design or layout comes under product design. Thus, option D is correct.
What is the product?A product or a service that can be sold in the open market and for that product, a price is offered, or sometimes it can be in the form of a barter system.
A product design means that the product that is made in the company is made and has a process for the same. the design can be small changes in the packaging, manufacturing, or the looks of the product.
All the changes made in the product that needs to be changed are often done into small offers, often they are for a promotional purpose like get 12% extra or get free stuff. So all these changes in operation are done in product design. Therefore, option D is the correct option.
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A real estate agent who writes up a contract for the purchase of a home is providing ________ utility.
Based on estate management definitions, a real estate agent who writes up a contract to purchase a home provides Possession utility.
This is because a Possession utility is a term used in estate management services to describe the proportion of suitability or perceived value from owning a product.
Therefore, in this case, a real estate agent providing possession utility for a home creates a financing term toward possession of the home.
This possession utility is expected to lead to a high chance of home sales.
Other types of economic utility include the following:
Place;Form;Time.Hence, in this case, it is concluded that the correct answer is "Possession utility."
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4. You hire three individuals as independent contractors (gardener, hairdresser, handyman). What is the maximum you can annually pay each and NOT be required to report the earnings to the IRS on a Form 1099-MISC?
A. I don't know
B. $0 - I am not required to report their earnings because they are independent contractors
C. $259
D. $499
E. $599
F. $1,899
Answer:
c
Explanation:
A limited resource of some type that restricts the company's ability to satisfy demand is a(n) ______.
Answer:
constraint
Explanation:
......................
Answer:
constraint
Explanation:
when a limited resource of some type restricts the company's ability to satisfy demand. The correct measure to look at when handling a constraint.
can you send me answer .
please send me fast...
Answer:
all you have to do is search up the defenitions
Explanation:
Everett had some emergency expenses and doesn't have enough money to
pay his rent. He wants to borrow money against his earnings at work and pay
it back from his next paycheck. This type of loan is called a
A. title loan
B. line of credit
O C. mortgage
D. payday loan
Answer:
d is the correct answer
Explanation:
key words like paycheck , earnings, borrow ,and pay it back leads you to believe that he is asking for a payday loan.
Everett wants to borrow money against his earnings at work and pay it back from his next paycheck. Payday loans are this kind of loan.
What is a loan?
A loan is any sum of money, a piece of property, or other tangible item that is given to another party with the understanding that it will be paid back, plus interest, at a later date.
Payday loans are classified as short-term loans. Usually come in tiny amounts and must be paid back within two to four weeks. They are legal in most states and are also referred to as cash advance loans.
As a result, option (d) is accurate.
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when a company capitalizes a cost, its ______ increase.
Based on accounting principles, when a company capitalizes on a cost, its long-lived assets increase.
This is because long-lived assets are assets that a business enterprise uses for more than one year. It is mainly used for many years.
Long-lived assets are sometimes described as long-term assets. Because the business owners only pay for them once, it is believed that the company capitalizes on its cost to produce more commodities or services.
Hence, in this case, it is concluded that the correct answer is "long-lived assets."
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Paid-in capital in excess of stated value would appear under the category additional paid-in capital on a(n)
Answer:
balance sheet
Explanation:
Paid-in capital in excess of stated value would appear under the category of additional paid-in capital?
The correct answer is The Balance sheet.
What is on a balance sheet?
A balance sheet is a financial statement that shows a company's assets, liabilities, and capital. The balance sheet is one of the three main financial statements used to evaluate a company. It provides a snapshot of the company's finances (owned and borrowed) as of the issue date.
The balance sheet provides a snapshot of a company's financial position at a particular point in time. In addition to the income statement and cash flow statement, the balance sheet helps business owners assess the financial position of the company.
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The transition from high school to college/technical school or an
immediate job is a big change and students often gain new
responsibilities when they progress into adulthood. What responsibilities
do you see yourself having after high school? How will you manage your
time effectively?
You should see yourself having responsibilities such as rent, time management, bills, taxes, etc
Judith, a salesperson for an automobile firm, gives a presentation to a buying agent. During her presentation, she gives the buyer a letter from a customer in New York. The letter praises the efficiency of the supply chain process of Judith's firm and compliments the punctuality and timely delivery of the products. This letter is an example of a(n) _____.
Answer:
Testimonial
Explanation:
what is the importance of the floriculture in nepal
Explanation:
It deals with cut flowers, bedding plants, houseplants, flower garden, pot plants, cultivated greens for beauty and herbaceous nursery. Floriculture is an important agro-based, labor intensive and business-oriented enterprise in Nepal.
Answer:
It deals with cut flowers, bedding plants, houseplants, flower garden, pot plants, cultivated greens for beauty and herbaceous nursery. Floriculture is an important agro-based, labor intensive and business-oriented enterprise in Nepal.
even though firms in competitive price-searcher markets do not produce at minimum atc, competitive price-searcher markets may still be consistent with economic efficiency because
Firms are known to be free to set price and also to face strong competitive pressure. Competitive price-searcher markets may still be consistent with economic efficiency because they provide consumers with a greater diversity of products.
Firms in competitive price-searcher markets that has a small entry obstacles often face a downward sloping demand curve. Competition often exists from existing firms and new rivals.
Firms that exist in a perfectly competitive market are known to be price takers due to the fact that once the market determines an equilibrium price for the product, firms need to accept the stated price.
For an individual to sell a product in a perfectly competitive market, one must just be happy with the price.
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the purchase and sale of long-term assets and current investments are classified as:
ash transactions that encompass purchase as well as sale of long-term assets as well as current investments can be considered to classified as Investing activities.
Investing activities can be regarded as one of the categories of net cash activities which is been reported by business on the cash flow statement. It is the purchase as well as sale of long-term assets at a given period.Therefore, Investing activities is correct.
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explain one opportunity cost in relation to consumers and producers and government (6)
Recall the methods of influencing followers discussed in Chapter 13. Which decision making style likely best fits with the influence tactic of collaboration
The decision-making style that is likely to fit best with the collaboration influence tactic is the behavioral style, which focuses on interpersonal relationships.
In this style of decision making, the leader seeks to positively influence his team through collaboration tactics, as his leadership style is geared towards integration between teams.
The decision-making process takes place in a collaborative search for information and evaluation of employees' reactions to a decision, being able to ask for advice and search for new ideas before making the decision.
Therefore, in the behavioral style, it is more likely to have integration, communication and increased motivation at work, as employees feel valued for being included in important decision-making.
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When freelancers sell to publisher the right to use a piece only once, and there is no guarantee that it has not been published elsewhere first, this arrangement is known as a transfer of
Answer:
One time rights.
Explanation:
Lower price for substitute products/services will
A. Increase Demand
B. Supply/Demand Equilibrium
C. Decrease Demand
_____ occur when the average unit cost of a good or service begins to increase as the capacity and/or volume of throughput increases.
The Economies of scale occur when the average unit cost of a good or service begins to increase as the capacity and/or volume of throughput increases.
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suppose you are advising a mayoral candidate in your town. the candidate’s platform includes strong opposition to monopoly suppliers because consumer welfare is compromised by monopoly pricing. which of the following statements would present your candidate with an alternative view about why it may make sense to tolerate the existence of some monopoly firms?
Considering the situation described above, the alternative view about why it may make sense to tolerate the existence of some monopoly firms is that "Monopolies do reduce consumers surplus by producing less and charging more than the outcomes that would occur in a competitive market, but at times it makes sense to sacrifice some efficiency.
This can be illustrated in a situation whereby certain goods or services may not be available except through the chance of earning monopoly profits. This occurs whereby a patent ensures there are incentives for research and development.
In some other cases, it is more ideal if good is produced by a monopolist rather than by multiple producers due to the large fixed costs in production; thereby, with more profits, the price of products would reduce in the long run.
Hence, in this case, it is concluded that there are situations whereby Monopoly is necessary to provide goods and services for the people in a society.
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True or False: Your company manufactures and sells a complex solution where a lot of expertise and value is delivered through company sales reps. Product margins are thin. For these reasons, you should use an Indirect sales channel.
True; the company should use an Indirect sales channel.
By definition;
An indirect sales channel is the sale of a good or service by a third-party, which may be a partner or affiliate, rather than a company's personnel.
According to the question;
The company manufactures and sells a complex solution where a lot of expertise and value is delivered through company sales reps.As a result, Product margins are thin.
For these reasons; an indirect sales channel is used as it involves subcontracting the sales to a third party, thereby relieving the company of sales responsible.
Ultimately, True; the company should use an Indirect sales channel.
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