Answer:
Internal failure
Explanation:
The Unadjusted Trial Balance columns of a work sheet total $84,000. The Adjustments columns contain entries for the following: Office supplies used during the period, $1,200. Expiration of prepaid rent, $700. Accrued salaries expense, $500. Depreciation expense, $800. Accrued service fees receivable, $400. The Adjusted Trial Balance columns total is:
Answer:
$85,700
Explanation:
Calculation to determine what The Adjusted Trial Balance columns total is:
Unadjusted Trial Balance columns $84,000
Accrued salaries expense$500
Depreciation expense $800
Accrued service fees receivable $400
Adjusted Trial Balance columns total $85,700
Therefore The Adjusted Trial Balance columns total is:$85,700
You purchased XYZ stock at $50 per share. The stock is currently selling at $80. You expect the stock price to go up, but not 100% sure. Placing a ___________ may protect your current gains of $30 while at the same time keeping the opportunity open for future upward potential.
Answer:
"Stop-loss order" is the right answer.
Explanation:
According to the question,
Purchase price,
= $50
Current selling price,
= $80
Current gains,
= $30
Investors begin to give their earnings if somehow the market capitalization begins to fall beneath $80. In advance to minimize this, we need to set a purchase requisition of $80 for stop-loss.So whenever the market decreases beyond $80, with us investments are traded, and thereby the existing profits of $30 have been safeguarded.Thus, the above is the correct explanation.
The plaintiff is a State A corporation that entered into a contract with the defendant under which the defendant agreed to manufacture and sell equipment to the plaintiff. The equipment is heavily regulated by the federal government. The plaintiff plans to sue the defendant for $1 million because the equipment does not conform to the contract specifications and does not operate properly. The defendant is incorporated in State B, but all of its facilities and offices are in State A. Would a federal district court have subject matter jurisdiction over the plaintiff's action
Answer: No, because all of the defendant's facilities and offices are in State A.
Explanation:
Following the information given in the question, a federal district court cannot have subject matter jurisdiction over the plaintiff's action.
In this case, there's no subject matter jurisdiction by the court as theres subject matter jurisdiction when there is full diversity of citizenship, and the amount of controversy is more tha $75,000.
A factory machine was purchased for $375,000 on January 1, 2015. It was estimated that it would have a $75,000 salvage value at the end of its 5-year useful life. It was also estimated that the machine would be run 40,000 hours in the 5 years. The company ran the machine for 4,000 actual hours in 2015. If the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2015 would be
Answer:
the depreciation expense for the year 2015 is $30,000
Explanation:
The computation of the depreciation expense for the year 2015 is shown below:
Depreciation Expense is
= Cost - salvage value
= $375,000 - $75,000
= $300,000
Now
Depreciation Expense for 2015 is
= (Actual hours in 2021 ÷ Total hours) Depreciation
= (4,000 ÷ 40,000) × $300,000
= $30,000
Hence, the depreciation expense for the year 2015 is $30,000
a family farm that has been passes down from generation to generation is an example of an event in a
command economic system
traditional economic system
mixed-market economic system
pure market economic system
Answer:
Traditional economic system
Explanation:
It is being passed down from generation to generation
Able Inc. sells a new product with a 2-year warranty. The company estimates that during the two years, the costs and related probabilities are: Year 1: $10,000 (20%) and $20,000 (80%); Year 2: $15,000 (50%); $25,000 (50%).The company's effective interest rate is 4%. Assuming the warranty costs are settled at the end of Years 1 and 2, calculate the estimated warranty liability using the expected cash flow method.
Answer: $35,798.82
Explanation:
Find the expected warranty costs and then discount them using the effective interest rate:
Year 1:
= (10,000 * 20%) + (20,000 * 80%)
= $18,000
Year 2:
= (15,000 * 50%) + (25,000 * 50%)
= $20,000
Estimated warranty liability is the present value:
= 18,000 / (1 + 4%) + 20,000 / (1 + 4%)²
= $35,798.82
While traveling on a commercial bus line, a passenger was injured when some luggage fell on him. As required by applicable state law, the bus company's in-house attorney conducted an investigation and filed the required report with the state transportation department. The passenger subsequently filed a civil action against the bus company in federal district court, seeking compensatory damages for the injuries he suffered. During discovery, the passenger's lawyer served on the bus company a request for production of documents, including a request for the report that the bus company filed with the state. The bus company objected to the request for the report and refused to produce it on the grounds that the report was privileged and protected from discovery under the work product doctrine. It did, however, produce other documents that were requested. The passenger then filed a motion to compel production of the report. If the court finds that the bus company's claims of privilege and work product were not substantially justified, what orders must the court make relating to the passenger's request for production of the report
Answer: See explanation
Explanation:
In a situation whereby the attorney of the passenger tried resolving the dispute in good faith, then the bus company must be ordered by the court to produce the report as well as the payment of reasonable cost that was incurred in making the motion.
It should however be noted that such cost may not be awarded when the movant had filed the motion before obtaining the disclosure in good faith. Also, the cost with be given when the nondisclosure response of the opposing party was justified.
Which of the following statements is true?
Answer:
True
Explanation:
What is one TRUE statement about the stock exchange?
Answer:
Explanation:
For every seller, there has to be a buyer. For every buyer, there has to be a seller.The market determines the value put on a stock at least when the stock is on an exchange.There are many parameters used to determine if a stock should be bought or sold.Answer:
A. Each stock market is used to buy and sell stocks or shares of ownership in a company.
Explanation:
Edmentum 2022
what factors affect the process of planning?
Answer:
Answer to the following question is as follows;
Explanation:
Several factors also influence the sort of planning application that must submit as well as the result of our planning permission.
Nature, animals, and biodiversity, as well as planning permission policies , Regulations, construction, and so on Statement of design, statement of design and accessibility, statement of design, statement of design, statement of design Environment Healthcare, Ecology
nternal control systems are: Multiple Choice Developed by the Internal Revenue Service for all U.S. companies. Developed by the Securities and Exchange Commission for public companies. Required by Sarbanes-Oxley (SOX) to be documented and certified if the company's stock is traded on an exchange (a public company). Developed by the Small Business Administration for non-public companies. Required only if a company plans to engage in interstate commerce.
Answer:
Required by Sarbanes-Oxley (SOX) to be documented and certified if the company's stock is traded on an exchange (a public company).
Explanation:
Internal controls can be defined as the policies, set of rules, and procedures implemented or put in place by an organization to protect its assets, boost efficiency, enhance financial accountability, enforce adherence to company policies and prevent fraudulent behaviors among the employees.
The purpose of internal controls is that companies use strong internal controls to guarantee that loss is eliminated as there's an accurate and reliable accounting system.
Basically, an internal control involves the timely use of both internal and external sources of auditing or financial reporting and as such enhance the maintenance of accurate and proper financial records which would also improve their operational efficiency.
Internal control systems are required by Sarbanes-Oxley (SOX) to be documented and certified if the company's stock is traded on an exchange (a public company).
Choose the correct statement. A. A check is money because while it is in circulation the quantity of money increases by the amount of the check. B. Currency is money and credit cards are money because they are means of​ payment, but deposits are not money. C. Deposits are​ money, checks are not​ money, and credit cards are not money. D. A credit card is money because it allows you to take a loan at the instant you buy something.
Answer:
C. Deposits are money, checks are not money, and credit cards are not money.
Explanation:
Money can be defined as any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world. Thus, it's any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.
Simply stated, money refers to any asset which can be used to purchase goods and services by customers.
This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.
In this context, the true and only correct statement is that, deposits are money, checks are not money because they are not a legal tender, and credit cards are not money because it's a plastic card used for e-commerce based on money being in the account of the holder.
The Real Estate Settlements and Procedures Act (RESPA) applies to: Select one: A. those parties who are indirectly related to a real estate transaction such as termite inspectors or flood insurance agents on policies not escrowed. B. installment contracts of residential property for investment. C. all first lien residential mortgages for the purchase of one to four-family homes or condominiums for investment or occupancy. D. all residential mortgages for occupancy only.
Answer:
D. all residential mortgages for occupancy only.
Explanation:
The act applies to the loan purchases, property investments and equity lines of credit. It proves brokers to give disclosure of borrowers regarding the real estate.The wealth effect along an aggregate-demand curve stems from the idea that a higher price level a. increases the real value of the domestic currency in foreign-exchange markets. b. decreases the real value of households' money holdings. c. decreases the real value of the domestic currency in foreign-exchange markets. d. increases the real value of households' money holdings.
Answer:
b
Explanation:
When price level increases, consumers become less wealthy and as a result, they demand less of goods and services. This would lead to a decrease in the quantity demanded.
On the other hand, if price level decreases, consumers become more wealthy and as a result, increase their demand of goods and services. This would lead to an increase in the quantity demanded.
This is why the aggregate demand curve is downward sloping
Another word for business. ( 3 words )
Please help ASAP.
ABC Corporation owns a factory. They are selling the factory to Amalgamated Corp. The lawyer for ABC Corporation writes the deed with all of the required elements, and it is signed by Bill Smith. Bill is the president of ABC Corporation, but it doesn't say so on the deed, nor is there a corporate seal. Is this a valid real estate transaction
Answer:
Likely not. There is no indication that Bill Smith had the authority or capacity to sign on the corporation's behalf.
Explanation:
Since in the situation it is mentioned that there is no corporate seal on the deed neither it is to be said so this is not a valid real estate transaction as there is no signal that bill smith have an authority or the capacity for signing on the behalf of the corporation
So the above statement represent an answer
Bogart Company is considering two alternatives. Alternative A will have revenues of $160,000 and costs of $100,000. Alternative B will have revenues of $180,000 and costs of $125,000. Compare Alternative A to Alternative B showing incremental revenues, costs, and net income. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Explanation:
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Answer:
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Explanation:
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Given the general agreement that pollution is undesirable and social welfare is increased by reducing pollution, the optimal level of pollution in a society is: Group of answer choices the level of pollution that minimizes the average total cost of producing the product that generates the pollution. the level of pollution at which the marginal social cost of pollution is equal to the marginal social benefit of pollution. the level that reduces the marginal social costs of pollution to zero. zero.
Answer:
the level of pollution at which the marginal social cost of pollution is equal to the marginal social benefit of pollution.
Explanation:
Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.
Generally, it has been proven beyond reasonable doubt that pollution is undesirable to living organisms such as humans, plants and animals in an environment.
Furthermore, we know and agree that social welfare of the people living across the world is increased by reducing pollution.
Hence, the optimal level of pollution in a society is the level of pollution at which the marginal social cost of pollution is equal to the marginal social benefit of pollution.
Woodrow Wilson's New Freedom a supported federal government ownership of railroads and utilities. b favored big business with accompanying federal regulation. c favored small enterprise, entrepreneurship, and the busting of monopolies. d was focused around working-class issues like unions and minimum-wage laws. e opposed banking and tariff reform.
Answer:
C.
Explanation:
Favored small enterprise
Zippy had cash inflows from operations of $72,500; cash outflows from investing activities of $57,000; and cash inflows from financing of $35,000. The net change in cash was:
Answer:
$50,500 increase
Explanation:
Calculation to determine what The net change in cash was:
Using this formula
Net Change in Cash = Cash Flows from Operating Activities + Cash Flows from Investing
Activities + Cash Flows from Financing Activities
Let plug in the formula
Net Change in Cash = $72,500 + ($57,000) + $35,000
Net Change in Cash = $50,500
Therefore The net change in cash was:$50,500 Increase
A business statistics course has 2 accounting majors, 4 finance majors, 6 marketing majors, and 8 insurance majors. Which one of the following is true if a pie chart was constructed to depict majors of students? Multiple choice question. The marketing slice would be three times as big as the accounting slice. The slice for accounting would represent 20% of the pie chart. The slice for insurance would make up more than half of the pie chart. The slice for marketing majors would be two times as big as the finance slice.
Answer: The marketing slice would be three times as big as the accounting slice.
Explanation:
The total number of majors are:
= 2 + 4 + 6 + 8
= 20 majors
The proportions of the majors are:
Accounting = 2 / 20 * 100% = 10%
Finance = 4 / 20 * 100% = 20%
Marketing = 6 / 20 = 30%
Insurance = 8 / 20 = 40%
Notice how marketing takes 30% and Accounting takes 10%.
Marketing will therefore take up three times as much slices as Accounting.
Suppose that an economy consists of only two individuals. Jeremy has $1690 available to spend on goods. He decides to purchase $470 worth of produce from Michele in the current quarter. No other economic activity takes place during the current quarter. Using this information, answer the questions. For the current quarter, what is the economy's income?
Answer:
$470
Explanation:
The calculation of the economy income is given below:
Since $1,690 spend on goods and then he decided to purchase for $470 in order to generate it
So here we can see that there is one and only economic activity that took place at the present quarter that is of $470
Therefore the economy income is $470
The act of starting and creating a business on one's own is called
A. entrepreneurship
B. freelancing
C. objectives
D. ambition
Metallica Bearings, Incorporated, is a young start-up company. No dividends will be paid on the stock over the next nine years because the firm needs to plow back its earnings to fuel growth. The company will pay a dividend of $14 per share 10 years from today and will increase the dividend by 3.9 percent per year thereafter. If the required return on this stock is 11.5 percent, what is the current share price
Answer:
$69.08
Explanation:
Calculation to determine the current share price?
First step is to determine the price of the stock in year 9
P9=$14/(.115− .039)
P9=$14/0.076
P9=$184
Now let determine the Current price
P0=184.00/(1+.115)^9
P0=184.00/1.115^9
P0=184.00/2.6636
P0=$69.08
Therefore the current price is $69.08
Coronado Industries uses job order costing for its brand new line of sewing machines. The cost incurred for production during 2019 totaled $18000 of materials, $13000 of direct labor costs, and $8000 of manufacturing overhead applied. The company ships all goods as soon as they are completed which results in no finished goods inventory on hand at the end of any year. Beginning work in process totaled $12000, and the ending balance is $9000. During the year, the company completed 25 machines. How much is the cost per machine
Answer:
Cost per machine $1,680
Explanation:
The computation of the cost of the machine is given below:
Beginning work in process $12,000
Direct material $18,000
Direct labor $13,000
Overhead $8000
Less: Ending work in process -$9,000
Cost of goods manufactured $42,000
Divided by Unit 25
Cost per machine $1,680
hence,the same should be relevant
Which of the following best describes why consumers are price takers? A. Individual transactions are too small to have much impact on the market price. B. Many individuals lack the skills to negotiate prices. C. If consumers don't pay the price asked, the store will just sell the product to someone else. D. Consumers don't know what it costs to make most products.
Answer:
c
Explanation:
because it only makes sense to do it that way
Amartya is interviewing several candidates for a position at his firm. If he makes the right decision with the hiring choice, the firm will prosper, his superiors will look favorably on him, and Amartya will likely receive a promotion. However, if he makes a poor choice, the firm will suffer, and Amartya may even be demoted. When evaluating candidates for the position, Amartya will be primarily motivated by a need for:
Answer: Accurate knowledge
Explanation:
Recruiting personnel's into organization to handle task or fill in job role is difficult sometimes. Employers have complained about most employees not meeting what they want, while employees complain the processes involved are becoming much. Recruiting most be done well to meet an organization target else they'll keep recruiting, unless they are ready to train fresh or inexperienced intake which would take time.
For recruiters to get what they want when recruiting they most be on the lookout for the person who has an accurate knowledge on the job to be employed for, this helps avoiding mistakes.
Each of the four types of checking accounts listed in the table above offers free ATM
access.
Please explain why this free access will or will not apply in all situations when you use an ATM
ACME Home Loans is a private lender with a strict policy of limiting originations to conventional qualified mortgages with minimum loan amounts of $300,000. To ensure compliance with this policy, loan originators are instructed to refuse to accept applications from consumers who want loan amounts of less than $300,000, or who have debt-to-income ratios of 44% or more. This policy is:
Answer:
The correct option is e. Potentially unlawful under the disparate impact theory.
Explanation:
Note: This question is not complete as the options are omitted. The options are therefore provided to complete the question before answering the question as follows:
a. Not a violation of any federal fair lending law
b. Potentially unlawful under the disparate impact theory
c. An example of disparate treatment of consumers
d. Legal if there is no discriminatory intent
e. Potentially unlawful under the disparate impact theory.
The explanation of the answers is now provided as follows:
Basically, disparate impact theory relates to the USs labor law and can be described as employment, housing, and other practices that disproportionately affect one group of persons with a protected trait over another, despite the fact that laws implemented by employers or landlords are ostensibly impartial.
For this question, despite that no discrimination may be intended, lending regulations that hurt creditworthy people who are members of a protected class may be prohibited.
The lending rules outlined in this issue, for example, could have a negative impact on younger applicants, breaking the Equal Credit Opportunity Act's (ECOA) restriction on age-based discrimination.
Therefore, the correct option is e. Potentially unlawful under the disparate impact theory.
Investigar:
¿Qué es la factura?
¿Qué es la Nota de venta?
¿En que momento se usa la factura?
¿En que momento se usa la nota de venta?
¿Por qué el bazar del barrio no da factura ni nota de venta?
CONVERSE CON EL SEÑOR DEL BAZAR DE SU BARRIO PARA CONOCER QUE DOCUMENTOS DEBE TENER PARA QUE EL FUNCIONAMIENTO DE SU NEGOCIO SEA LEGAL Y CORRECTO
La respuesta correcta para esta pregunta abierta es la siguiente.
Desafortunadamente, no especificas a qué país te refieres, ya que cada país tiene un régimen fiscal distinto, y los comercios están obligados a declarar impuestos de acuerdo a la legislación vigente en cada país.
Para poder responder a tus preguntas, lo haremos en términos generales ya que no mencionas cuál es tu país.
¿Qué es la factura?
La factura es el comprobante oficial al que obliga el gobierno, a través de la Secretaría de Hacienda y el Servicio de Administración Tributaria (SAT). La factura es el comprobante oficial que respalda la compra-venta de un artículo, producto o servicio, y donde se demuestra que se cobro el impuesto por la adquisición de la mercancía.
¿Qué es la Nota de venta?
La nota de venta es un comprobante de control interno que no tiene validez oficial para comprobar el consumo y el cargo del impuesto. La nota de venta sólo la ampara el mismo negocio que la elaboró, el sistema de administración tributario.
¿En que momento se usa la factura?
La factura se usa cuando se requiere elaborar un comprobante oficial que posteriormente pueda ser usado en la declaración mensual de impuestos o en la declaración anual, para que se puedan deducir los impuestos retenidos.
¿En que momento se usa la nota de venta?
Cuando sólo se quiere entregar un comprobante de compra, sin aplicar el impuesto al valor agregado.
¿Por qué el bazar del barrio no da factura ni nota de venta?
Porque probablemente es un pequeño comercio, y no está obligado a facturar. Sólo a dar comprobantes. Los pequeños comercios tributan o pagan impuestos de manera diferente. Son considerados pequeños contribuyentes y por lo regular se les asigna una cuota fija, siempre y cuando no rebasen una cantidad establecida por la autoridad hacendaria.
Platicando con el dueño de la papelería del barrio, él me comenta que el municipio sólo le pido una licencia de uso de suelo para que pueda operar su negocio. Esa licencia de funcionamiento tiene un costo único que debe ser renovad anualmente. El es pequeño comerciante y debe pagar una cuota fija de manera trimestral.
