Answer:
answer is b
Explanation:
Answer:
the answer is b
Explanation:
i got it right on edmentum
according to sfac no. 2, "qualitative characteristics of accounting information", is "the quality of information that enables users to perceive its significance." (enter only one word per blank.)
According to sfac no. 2, "qualitative characteristics of accounting information", understandabilityis "the quality of information that enables users to perceive its significance."
Accounting is a time period that describes the procedure of consolidating financial facts to make it clean and comprehensible for all stakeholders and shareholders. The principle aim of accounting is to record and document a business enterprise's financial transactions, monetary performance, and coins flows.
Accounting, also called accountancy, is the dimension, processing, and verbal exchange of financial and nonmonetary information approximately monetary entities inclusive of groups and corporations.
The median annual wage for an accountant is well above the countrywide median common for occupations. The top-paying industries for accountants consist of finance and insurance, management of agencies and firms, tax coaching, and the government.
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l. lyons started a business and invested $4,000 in exchange for common stock. illustrate how to record the transaction in the t-accounts by completing the following sentence. the cash account would be (debited/credited) on the (left/right) side of the t-account and the common stock account would be (debited/credited) on the (left/right) side of the t-account.
Dr Cash Account on the Left side.
Cr Common stock on the Credit side.
Based on the information which is given how to record the transaction in Lyons Share's T-accounts will be :
The Cash account would be debited on the left side of the T-account because debit side is often on the left hand side and moreover the amount of 4,000 is the cash which is Invested for stock, that is why cash account will be debited.
Common stock account would be credited on the right side of the T-account because the amount of 4,000 was invested for stock . That is why common stock account will be credited.
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Jay found a job with an annual salary of $48.7k what is his monthly pay, rounded to the nearest dollar
Answer:
$4058
Explanation:
$48700 in 12 months (annually)
48700/12=4058.33
4058.33 rounded = 4058
Therefore, Jay's monthly salary is $4058.
tina just completed a science degree and wants to continue on to medical school. what can she expect? her earnings potential may decrease. her potential expenses may decrease. her earnings potential may increase. her potential wants may decrease.
Tina recently earned a science degree and intends to enrol in medical school. Her ability to make money could decline.
Science is a methodical process that develops and organises information in the form of falsifiable explanations and cosmic predictions.
Science may be as old as the human species, with some of the earliest archaeological evidence for scientific reasoning dating back tens of thousands of years.
The first written documents in the history of science date from Mesopotamia and Ancient Egypt, which flourished between 3000 and 1200 BCE.
Their contributions to mathematics, astronomy, and medicine had an impact on the Greek natural philosophy of classical antiquity, which formal attempts were made to provide explanations of occurring in the physical world based on natural causes.
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during the month of april, riley co. had cash receipts from customers of $780,000. expenses totaled $624,000, and accrual basis net income was $218,000. there were no gains or losses during the month. required: a. calculate the revenues for riley co. for april.
The revenues for riley co. for April is $842,000
What is revenues of the company?
The revenues of Riley co. for April is the amount of sales earnings recorded by Riley co. in the month of April which represent the amount of goods sold to customers regardless of whether or not payments have been received
The accrual basis net income is the sales revenue minus the expenses totaled $624,000
accrual basis net income=sales revenue-expenses
accrual basis net income=$218,000
sales revenue=unknown(assume it is x)
expenses=$624,000
$218,000=x-$624,000
x=$218,000+$624,000
x=revenues=$842,000
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in a particular industry, products need a certain level of maintenance. customers can take the product to service companies to provide that maintenance. however, a number of manufacturers offer reasonably priced maintenance packages as well. this level of service after the sale indicates what about the industry?
The industry is highly competitive. This means that they are highly competitive within their industry and actually encourage organizations to create packages for it. There are dozens of industrial classifications in the modern economy. Industry classifications are usually grouped into larger categories called sectors.
Industries can be classified in several ways. At the top level, industries are often divided into sectors according to a three-sector theory. primary mining and agriculture, secondary manufacturing, and tertiary.
A productive group of enterprises or organizations that produce or supply an industry, goods, services, or source of income. In economics, industries are generally classified as primary, secondary, and tertiary. The secondary industry is further divided into heavy industry and light industry.
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due to scarce resources, every individual, whether rich or poor, faces a(n) (one word) cost when choosing to produce or consume more of one good over another.
Due to scarce resources, each person, whether wealthy or terrible, faces opportunity charges while choosing to produce or consume extra of one right over any other.
The scarcity method is that there are fewer resources than are had to fill human needs and wants. those assets can come from the land, exertions resources, or capital resources. you're in all likelihood used to considering natural resources which include titanium, oil, coal, gold, and diamonds as scarce. In fact, they're on occasion referred to as “scarce sources” just to re-emphasize their limited availability.
Scarce resources like gold, oil, silver, and other fossil fuels are naturally uncommon. when demand exceeds the supply, these assets grow to be scarce and prices can go up. different commodities, like diamonds, command a high charge due to their limited availability and manipulation in their market.
Every commodity comes with a charge; essentially, every useful resource on the earth shows a degree of shortage. for instance, time and money are generally scarce resources. inside the real world, it's far common to locate someone with little of one aid or even both.
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companies create strategy from the outside in by offering distinct and compelling customer value. this can be accomplished only by carefully studying customers and using deep market insights to
"The marketing reasoning by which the business unit aspires to attain its marketing objectives," according to Kotler et al., is the definition of marketing strategy.
What is business ?An organization or enterprising entity engaging in commercial, industrial, or professional activity is referred to as a business. Businesses can be for-profit corporations or charitable institutions. Limited liability firms, sole proprietorships, corporations, and partnerships are among the several types of businesses.
A business purpose reveals the driving force behind a company's establishment. It describes the company's objectives as well as what makes it unique. A mission statement and a value statement are both much longer than a company purpose.
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PLEASE I NEED 2 PARAGRAPHS BY MONDAY!
The four Ps of Marketing is a product, price, place, and promotion. Thus, a lemonade ad should contain all four marketing strategies.
The ad for the lemonade stand will start with a bright yellow catchy brochure, intending the product, i.e, lemonade. The brochure will mention different types of lemonades one will be offering in their stand. The brochure will detail every content in great catchy fonts. Then the product brochure will have the list of prices added next to its menu of products.
Along with the brochure, there will be SNS platforms promoting the product and there will be a launch for the disclosure of the place of the lemonade stand. The promotion of the product will be included in the local daily newspaper along with the distribution of brochures and on SNS sites.
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services or rights provided by employers in addition to wages or salary; includes health, dental and life insurance, paid vacation time and sick leave and retirement plan options benefits
The employment benefits are the services or rights provided by employers in addition to wages or salary; includes health, dental and life insurance, paid vacation time and sick leave and retirement plan. Therefore, the option A holds true.
What is the significance of employment benefits?The employment benefits can be referred to or considered as the benefits received by an employee along with the basic salaries or the wages received. The benefits are in addition to the actual in-hand payments to the employees, and are given by the employers under a mandate.
Therefore, the option A holds true and states regarding the significance of the employment benefits.
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The missing choices to the incomplete question have been added below for better reference.
The services or rights provided by employers in addition to wages or salary; includes health, dental and life insurance, paid vacation time and sick leave and retirement plan are regarded as ________.
A. Employment benefits
B. Perks
C. Employment terms
D. None of these
place the following in order (top down) of how they would appear in the heading of deli llama's annual income statement for the fiscal year ended march 31, 2020.
Dell Llama, Inc.
Income Statement
For the year ended March 31, 2017.
Companies and governments utilize fiscal years, which are one-year periods, for financial reporting and planning. The most typical accounting period utilized to create financial statements is a fiscal year. Not all fiscal years coincide with the calendar year, despite the fact that they can begin on January 1 and end on December 31. For instance, universities frequently start and finish their fiscal years in accordance with the academic year.
A fiscal year is a span of time that lasts for a full calendar year but does not always begin on January 1. Depending on their accounting and external auditing procedures, nations, corporations, and other organizations may begin and conclude their fiscal years in different ways.
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the industrial revolution brought about several changes to jobs and organizations. one such change is that work was no longer performed in homes or small shops , but now was performed under one roof .
The industrial revolution brought about several changes to jobs and organizations. one such change is that _____ replaced _________.
The industrial revolution brought about several changes to jobs and organizations. one such change is that Unskilled workers replaced skilled craftspeople work
The required details for Industrial Revolution in given paragraph
The Industrial Revolution took place between roughly 1760 and some time between 1820 and 1840 in Great Britain, continental Europe, and the United States as a transition to new industrial techniques. This transition includes switching from manual to mechanical production methods, introducing new techniques for producing chemicals and iron, utilizing steam and water power more frequently, developing machine tools, and advancing the mechanized industrial system. As a result of the significant increase in output, both the population and the pace of population growth saw previously unheard-of increases.
In terms of output value, capital invested, and employment during the Industrial Revolution, textiles dominated the market. The first sector to employ contemporary manufacturing techniques was the textile industry.
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To complete the measurement process, companies need to update balances of assets, liabilities, revenues and expenses for changes created by.
To complete the measurement process, companies need to update balances of assets, liabilities, revenues, and expenses for changes created by adjusting.
A liability is something someone or an agency owes, generally an amount of cash. Liabilities are settled over time via the switch of financial advantages which include money, goods, or services.
A liability is a legally binding responsibility payable to some other entity. Liabilities are incurred a good way to fund the continuing activities of a commercial enterprise. Examples of liabilities are bills payable, accumulated fees, wages payable, and taxes payable.
Property are what a commercial enterprise owns and liabilities are what a business owes. each are listed on a corporation's stability sheet, a monetary announcement that indicates a company's economic health. belongings minus liabilities equals equity, or a proprietor's internet well worth.
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self-organization versus hierarchical organization — a mathematical investigation of the anarchist philosophy of social organization
A mathematical analysis of the anarchist theory of social organization, "Self-Organization versus Hierarchical Organization," In order to investigate how we can live without compulsion, this thesis seeks to better grasp what power and hierarchy are through the use of mathematics.
Self-organization is the method used by individuals to organize their social relationships in order to create global order via their interactions with one another as opposed to through outside education or intervention. Being a very dynamic and complex system with many interconnected parts, the nervous system displays many self-organizational traits. We will discuss three different types of brain self-organization in this chapter: self-organization that occurs throughout development, self-organization that results from experience, and self-organization that results from damage. Self-organization has an impact on the development of the nervous system. This is an extremely important question in our understanding since it is difficult to understand how the nervous system, which is highly structured and complex, can evolve from a single fertilized egg.
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im is ceo for a company that produces filing cabinets and office furniture. he uses when determining that in order to increase production by 20% next year, the company will need to hire 10 new employees.
In order to increase production by 20% the following year, he uses planning to determine that the company will need to hire 10 more employees.
How to Create An Effective Employee Selection Process?
Companies use a set of stages called the employee selection process to find and hire the best employees. Effective selection can lead to the hiring of the kind of workers who will increase company morale, contribute to your corporate culture, and keep turnover low.
It's crucial to understand that hiring differs from personnel selection. Each represents a distinct phase. Selection comes once you have a suitable pool of applicants, after recruitment has been completed.
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this is the percentage of each dollar of income, on average, that is spent for current needs and wants, rather than saved.
This is the average percentage of each dollar of income spent on current necessities and wants rather than saved. Average propensity to consume (APC) counts how much money is spent each year versus saved.
Income
Income is the money that a person or entity earns in exchange for their labour or products. Income might have varied definitions depending on the situation, such as taxation, financial accounting, or economic research. Most people define income as their overall income in the form of salaries and wages, the return of their investments, pension distributions, and other sources. For businesses, income includes revenue from selling services and products, as well as interest and dividends collected on cash accounts and reserves tied to the business. Economists define and measure income in several ways.
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Complete Question
the domestic environment is composed of all the uncontrollable forces originatin in the that surround and influence the life and development of the firm
The problem is a true Statement. As domestic environment is composed of all the uncontrollable forces originatin.
What is Domestic environment?
The domestic business environment includes the nation's economy, political system, commercial policies, infrastructure, laws, and rules as well as its culture, traditions, and religious beliefs. Domestic trade is important because it facilitates the exchange of goods within a country.
Therefore,
The domestic environment is composed of all the uncontrollable forces originatin in the that surround and influence the life and development of the firm
The problem is a true Statement. As domestic environment is composed of all the uncontrollable forces originatin.
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Who should you contact if you have trouble making payments when she leaves school.
The one you should contact if you have trouble making payments when he leaves school is the lender.
A loan (also known as “financing”) in its most general sense is the provision of money or property temporarily to another person with the expectation that the gift will be repaid. In the context of business and finance, loans include various types of commercial loans.
A lender is a company or financial institution that lends money, with the expectation that it will be repaid. Banks and credit unions are all potential lenders for small businesses. Lenders are paid interest on the loans they provide as borrowing costs. The higher the risk of not being repaid, the higher the interest rate charged to the debtor.
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identify the impact of each of the given transactions on the accounting equation: the company purchases supplies on credit
When a company purchases supplies on credit, the effect on the accounting equation is an increase in supplies and and increase in accounts payable.
What happens when supplies are purchased on credit?When a supply is purchased, it will count as an asset. It will therefore increase the supplies account.
On the other hand, the supplies were bought on credit which means that the company the supplies was bought from is being owed. The result is that the accounts receivable account will increase in value to show the debt.
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according to the , an organization exists not only to satisfy customer wants and needs but also to preserve or enhance individuals’ and the community’s long-term best interests.
According to the societal marketing concept, an organization exists not only to satisfy customer wants and needs but also to preserve or enhance individuals’ and the community’s long-term best interests.
The idea of the societal marketing concept is that the organizations ought to satisfy the necessities and needs of customers, yet this target ought to be lined up with the long-term best interests of the community.
Societal marketing concept concept holds that the marketing strategy of any organization should include both the individual and community’s best interests at heart. It should focus on presenting and maintaining a good image for the organization while earnestly focusing on their social responsibilities.
The main points of societal marketing concept are:
Choosing the suitable target marketUnderstanding the wants and needs of said target market (customers)Catering to these requirements better than the competitionTake societal responsibility and earn a profit by satisfying the customersYou can learn more about societal marketing concept at
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what is the present value of the following cash-flow stream if the interest rate is 6%? note: do not round intermediate calculations. round your answer to 2 decimal places. year cash flow 1 $ 120 2 320 3 220
The present value of the cash-flow stream if the interest rate is 6% is $323.03.
What is the interest rate?The interest rate can be defined as the amount or the percentage that is being fixed or fluctuating depending upon the condition of the agreement. The interest is calculated on the amount that is being loaned or given to the individual or a company.
According to the given question, the interest rate is 6%
1st year $120
2nd year $320
3rd year $220
Now, by applying the formula for the present value:
[tex]\rmPV = \dfrac{fv}{(1 + r)^t}[/tex]
[tex]\dfrac{120}{1.06} + \dfrac{320}{(1.06)^2} + \dfrac{220}{(1.06)^3}[/tex]
= 113.20 + 284.96 + 184.87
= 323.03
The present value of the cash flow stream is $323.03
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you are bearish on telecom and decide to sell short 100 shares at the current market price of $35 per share.
The correct answer is $57.69 or more.
The sum of money borrowed from the broker for stock market trading is referred to as margin. Investors can trade with leverage thanks to margin. The two forms of margin are initial margin and maintenance margin.
Selling stocks that are borrowed from a broker rather than ones that an investor owns is known as a short sale. Later, it is bought to pay off the loan.
Initial margin is $2,500, or 50% of $5,000.
There are $7,500 in total assets ($5,000 from the sale of the shares and $2,500 from margin). Obligations are 100P. Net worth is therefore ($7,500 - 100P).
The answer to the equation "$7,500-100P" /"100P" = 0.30 is P = $57.69.
The stock price will trigger a margin call when it reaches $57.69 or more.
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when a firm is experiencing decreasing marginal costs, it could be because a. the average costs are increasing b. the firm is going down its learning curve c. the firm’s marginal productivity is increasing d. both c and d
B as well as C. This is due to the fact that as a company's production and learning curve rise, the cost of the subsequent unit of output falls, making it advantageous for the company to produce more.
What is Marginal cost?
In managerial accounting, the idea of marginal cost is crucial because it may be used to maximise production through economies of scale within an organisation.By producing at the point where marginal cost (MC) equals marginal revenue, a business can optimise its earnings (MR).Because fixed costs are fixed regardless of output levels, larger production spreads the total fixed cost over more units, resulting in a lower fixed cost per unit.Producing more units will result in higher variable costs because variable costs are based on production levels. In economics, the marginal cost is the difference in total production costs caused by making or producing one extra unit. Divide the variation in production costs by the variation in quantity to determine marginal cost .To know more about Marginal cost visit:
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a municipal bond carries a coupon rate of 7.75% and is trading at par. required: what would be the equivalent taxable yield of this bond to a taxpayer in a 40% combined tax bracket? (round your answer to 2 decimal places.)
The equivalent taxable yield of this bond to a taxpayer in a 40% combined tax bracket is 12.92%
What is tax rate on the yield of a municipal bond?
A municipal bond investment is tax-free especially for those residing in the area where the bond is issued, in other words, an equivalent taxable yield of a bond to a taxpayer in 40% tax bracket needs to increase proportionately such that the after-tax yield remains at 7.75%
equivalent taxable yield*(1-tax rate)=municipal bond yield
When the tax rate of 40% is deducted we would be left with 7.75%
equivalent taxable yield*(1-40%)=7.75%
equivalent taxable yield=7.75%/(1-40%)
equivalent taxable yield=7.75%/0.60
equivalent taxable yield=12.92%
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heidi talbott has a margin account with a balance of $50,000. the initial margin deposit is 50%, and rc industries is currently selling at $50 per share. how many shares of rc can heidi buy? group of answer choices 2,500 250 2,000 1,000 500
Heidi Talbott has a margin account with a balance of $50,000. the initial margin deposit is 50%, and RC industries are currently selling at $50 per share. There are 2000 shares of RC heldi buy.
A few professionals say that someplace between 20 and 30 shares are the sweet spot for manageability and diversification for most portfolios of individual stocks. however, if you look past that, different research has pegged the magic variety at 60 stocks. whilst there is no real limit to the number of stocks you should purchase in a business enterprise.
It is possible that there will be guidelines or regulations that Shares could interfere with your ability to shop for as many shares as you want. If you may maintain your fees down, some professionals propose shopping for a portfolio of 12 to 18 shares to correctly diversify the danger of owning personal stocks. Your diversification has to be based totally on total proportion value, now not share matter. even as purchasing a single share isn't always beneficial, if an investor would love to buy one proportion.
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chuck, a single taxpayer, earns $75,000 in taxable income and $10,000 in interest from an investment in city of heflin bonds. (use the u.s. tax rate schedule.) required: if chuck earns an additional $40,000 of taxable income, what is his marginal tax rate on this income? what is his marginal rate if, instead, he had $40,000 of additional deductions? note: for all requirements, do not round intermediate calculations. round percentage answers to 2 decimal places.
The average tax rate is 19.83% and the marginal tax will be 27.36%.
How to calculate the tax?Chuck's average tax will be:
= Total tax) Taxable income × 100
= 14875/75000 × 100
= 19.83%
It was stated that he's a single taxpayer, earns $75,000 in taxable income and $10,000 in interest from an investment in city of heflin bonds as earns an additional $40,000 of taxable income.
Therefore, the marginal cost will be:
= (25817 - 14875)/(115000 - 75000)
= 10942/40000 × 100
= 27.36%
The marginal cost is 27.36%
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Acme widgets had an order to process 250 widgets. The first unit required 200 minutes to assemble. Before starting, the company estimated the amount of time it would require to assemble all 250 widgets if they learned at an 85% rate. After assembling all 250 widgets, acme realized they had learned at an 80% rate. How much time less than their estimate did acme take? you should be able to compute the answer within plus or minus 2 hours.
Acme widgets had an order to process 250 widgets. The first unit required 200 minutes to assemble. After assembling all 250 widgets, acme realized they had learned at an 80 % rate. The time less than their estimate did acme take is : 91.2 hours.
What is the estimated time?First step is to calculate the cumulative unit
Using the cumulative unit table to determine the range
Cumulative unit :
Cumulative unit = 88.83- 61.47
Cumulative unit = 27.36
Second step is to calculate the minutes requires to assemble
Number of minutes :
Number of minutes = 27.36 × 200 minutes
Number of minutes = 5472
Third step is to calculate how much time less than their estimate did acme take
Time :
Time = 5472 / 60
Time = 91.2
Therefore we can conclude that acme will take 91.2 hours time less than their estimate .
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on august 1, paid $72,000 cash to purchase houtte's 9%, six-month debt securities ($72,000 principal), dated august 1.
Here short term investment is debited as it increased the asset and credited the cash as decreased the asset.
here cash is debited as it increased the asset and credited the interest revenue as it also increased the revenue.
What Are Short-Term Investments?
Marketable securities, commonly referred to as temporary investments or short-term investments, are financial investments that can be quickly converted to cash, usually within five years. After only three to twelve months, many short-term investments are sold or turned into cash. CDs, money market accounts, high-yield savings accounts, government bonds, and Treasury bills are a few typical examples of short-term investments. Short-term investments, also known as marketable securities or temporary investments, are financial investments that can be easily converted to cash, typically within 5 years. Typically, these investments are high-quality and highly liquid assets or investment vehicles. Short-term investments may also specifically refer to financial assets of a similar kind, but with a few additional requirements, that are owned by a company.
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What color scheme would make the MOST sense for a product designed to appeal to pre-adolescents?
O
red, white, and blue in broad squares
O
graduated pink tones
plaid checkmarks with green and red
O
deep purple hues with magenta lettering
Answer:
The second answer! this is also coming from a person in that particular stage! Hope this helps!
chris has just graduated from high school. he hopes to complete a carpenter's apprenticeship and eventually open his own business. what has chris developed?
Chris has just graduated from high school. he hopes to complete a carpenter's apprenticeship and eventually open his own business. chris has developed a Goal.
What is business?
Business is the process of earning a livelihood or accumulating money via the production of commodities or the purchase and sale of products. Also covered is "any activity or enterprise undertaken for profit." Businesses initially assist society by distributing commodities and services that are necessary for survival. Additionally, they produce jobs that enable members of society to make a living and meet their basic requirements.
Therefore,
chris has just graduated from high school. he hopes to complete a carpenter's apprenticeship and eventually open his own business. chris has developed a Goal.
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