F ZMW 51,000 cash is paid to buy land, the land is reported on the buyer's balance sheet at ZMW 51,000.

Answers

Answer 1

Answer:

This is made due to the application of the cost principle or historical cost concept.

Explanation:

The cost principle or historical cost concept states that the assets, equities, and liabilities are required to be recorded on the financial records on the basis of their original cost. Thus as the cash paid is ZMW 51,000, the same is required to be recorded on the balance sheet of the buyer.


Related Questions

All of the following statements are true regarding negotiated municipal underwritings EXCEPT the:A initial offering price of each maturity must be disclosedB spread must be disclosedC participation amount of each underwriter must be disclosedD customer must be sent a copy of the Official Statement, if available

Answers

Answer:

D

Explanation:

customer must be sent a copy of the official statement, if available

A 60-day note receivable dated June 17 has a maturity date of

Answers

Answer:

the maturity date is August 12

Explanation:

The computation of the maturity date of 60 day note receivable dated on June 17 is as follows

Here we have to determine the 60 days from June 17

So in June, the remaining days left would be = (30 - 17) = 13

31 days in July

And, the rest of the days i.e. 12 days in August

So, the maturity date is August 12

Hence, the same would be considered

and, the same is relevant

Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits each reasons

Answers

Answer: See explanation

Explanation:

Trade restrictions simply means a way of protecting the local industries. This can be through imposition of tariffs on foreign goods, use of quota etc. The importance of trade restrictions are:

1. Trade restrictions are important in the protection of the infant indutries, that is, the young industries in a country that are just growing.

2. Trade restrictions is necessary to prevent dumping of goods. This mean selling of goods at lower prices or of low quality in a country. This gives such products an unfair advantage over other goods produced in the home country.

3. Trade restrictions is vital on order to protect the strategic indutries.

4. Trade restrictions is also vital in order to protect the jobs of the people in the country. When goods are imported rather than supporting local businesses, this can lead to unemployment as workers will lose their jobs.

A firewall can help to prevent which type of security breach?
A) Shoplifting
B) Embezzlement
C) Cybercrime
D) Theft of company computers

Answers

Answer:

C, Cybercrime

Explanation:

A firewall helps organizations across the globe prevent data breaches and hacking.

A firewall can help to prevent Cybercrime. Hence, option C is appropriate.

What is the meaning of Cybercrime?

A crime involving a computer or computer network is referred to as cybercrime. Either the computer was the intended target or it was used in the crime. Someone's security or finances may be compromised through cybercrime.

Criminal action that uses or targets a computer, a computer network, or a networked device is known as cybercrime. The majority of cybercrime is conducted by hackers or cybercriminals who are after financial gain. However, there are times when cybercrime tries to harm systems or networks for factors other than financial gain.

Cybercrime, often known as computer crime, is the use of a computer to advance illicit activities like fraud and other intellectual property, identity theft, and privacy violations. Cybercriminals are either single people or groups of people who utilize technology to carry out illegal acts.

Hence, option C is correct.

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1. Give one example of professional behavior in a salon and how a cosmetologist could
demonstrate it."

Answers

Answer:

Appropriate language, a cosmetologist can demonstrate this by always speaking in a tone and at a volume that is appropriate for the setting, and never using foul language no matter what.

Pleeeeaasseee help

Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits each reasons

Answers

Answer:

Explanation:

Some measures that check commercial processes are internal to countries, such as the liberalization of trade in services, the elimination of barriers and the creation of mechanisms to protect foreign investors, competition and public procurement policies, and labor standards.

New classical economists say that an unanticipated increase in aggregate demand first: Group of answer choices increases the price level and real output, and then reduces short-run aggregate supply such that the economy returns to the full-employment level of output. increases the price level and real output, and then increases long-run aggregate supply. increases long-run aggregate supply, and then increases the price level and real output. reduces short-run aggregate supply, and then reduces long-run aggregate supply.

Answers

Answer:

increases the price level and real output, and then reduces short-run aggregate supply such that the economy returns to the full-employment level of output.

Explanation:

In the case of New classical economists, if there is an increase in aggregate demand i.e. non expected would rise the level of price and real output. After this decrease the aggregate supply i.e. short run in order to get the economy return to the full employement output level

Therefore as per the given situation, the first option is correct

And, the rest of the options would be incorrect

What are organizational capabilities?
A. The skills and knowledge that allow a firm to use its resources
effectively
B. The things the firm has acquired that are used to achieve its goals
C. The characteristics of the firm's teams of skilled employees
D. The skills of the firm's senior managers and executives

Answers

A is possibly the answer

A memo is a copy of a document transmitted via phone line using a facsimile machine.

True

False

Answers

Answer:

Yes, it is very true: I don't know just trying

The placement of Starbucks cafés within Barnes & Noble bookstores has proven to be a successful strategic alliance because both companies benefit from this arrangement. As a global marketing strategy, an important characteristic of a strategic alliance is

A. the complete immersion of employees assigned to the alliance, eventually forming a separate company.
B. separation of company policies, procedures, and production, but unified financial accountability.
C. it must be a long-term venture of 10 or more years.
D. participant companies do not share costs or profits.

Answers

Answer:

D. participant companies do not share costs or profits.

Explanation:

A strategic alliance is the business relation that would be between two or more companies in order to accomplish their individual goals and objectives. In this, the companies would be work independently so that no one could interfere. The motive to create this is to gain a competitive advantage

So according to the given situation, the option d is correct

And, the rest of the options would be incorrect

Suppose that Symantec is a small firm that has developed​ anti-virus computer software. Symantec currently earns ​$3 million per year in profits from selling its software. Dell informs Symantec that it is considering installing the software on every new computer it sells. Dell currently earns profits of​ $30 million but expects to sell more computers at a higher price if it can install​ Symantec software. Dell first chooses whether to offer Symantec​ $30 or​ $20 for each copy of its​ software, and then Symantec responds by either accepting or rejecting the offer. The strategies and corresponding profits​ (in millions) for Dell​ (D) and Symantec​ (S) are depicted in the decision tree to the right. What is the Nash equilibrium of the​ game

Answers

Answer:

Dell will offer​ Symantec $20 per copy of the software in which Symantec will accept the offer

Explanation:

Based on the information given NASH EQUILIBRIUM of the​ game between Dell and Symantec is that Dell strategy is to achieved the desired result he wanted by offering Symantec $20 per copy of the software instead of $30 per copy of the software in which Symantec will accept the offer because Dell want to sell more of their computers at high price when they install Symantec's software.

A joint venture is an agreement between two or more companies to share a business project.
True
False

Answers

True.

I believe, not sure though

Match the action needed to increase profits with the reason a business might fail.
A small company, especially a store, usually has a better chance of succeeding if it is in an area with other businesses because it can draw in new customers.

A) poor management

B) competition

C) bad location

D) finances

Answers

Answer:

C, bad location

Explanation:

Competition is needed for a successful company otherwise monopolies rise and so can potential prices. The reason a business might fail is bad location so to counter this they can move to a more densely populated area.

Bad location is the action needed to increase profits with the reason a business might fail. The correct is option C.

Why is the location of a store important?

It's a popular belief that finding a decent location is essential for drawing clients. Supply and distribution are also made simpler at a conveniently positioned store. The ability of a retailer to sell itself and contend with the competition it faces from other businesses can be influenced by location.

The greatest employees are hard to find and keep, and many are quite particular about where they work in order to achieve the ideal work-life balance. A company's performance over the long run can be considerably improved by wise location choices. Poor ones can cost millions in lost capital, talent, and production.

Thus, the ideal option is C.

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Will a sole trader ownership stop a business progress?​

Answers

Answer:

True

Explanation:

The given statement asserts a true claim that 'having a sole proprietor in a business mars the growth and expansion of the business' and the primary reason behind this is that his/her ability to upraise funds for further expansion is limited but the liability is unlimited. It restricts the person to enhance the business. Secondly, it is extremely difficult for a single individual to manage employees, day-to-day responsibilities, paying debts, etc. and this is why the life of most of such businesses are very short except for a few. Thus, the assertion is true.

Which of the following statements best expresses how courts treat legal
rules?
A. The court knows that the rules often contradict one another and
must not be taken too strictly.
B. Legal rules must always be upheld to the letter without exception
if law and order are to be maintained.
C. Rules are not important in matters of law because the spirit of
justice is what matters.
D. Rules often allow for exceptions based on the unique set of
circumstances of each case.

Answers

Answer:

B. Legal rules must always be upheld to the letter without exception if law and order are to be maintained.

Explanation:

I only just guessed but I hope this helped u.

Answer:

D. Rules often allow for exceptions based on the unique set of circumstances of each case

Explanation:

a p e x

Ben and Miranda recently sold some land they owned for $150,000. They received the land and a check equal to the amount of the then-current annual exclusion five years ago as a wedding gift from Ben's Aunt Addison. They also received a check equal to the annual exclusion on their wedding date. Aunt Addison purchased the land many years ago when the property was worth $20,000. At the date of the gift, the property was worth $100,000 and Aunt Addison paid $47,000 in gift tax. What is the long term capital gain on the sale of the property? Group of answer choices
a. $130,000.
b. $50,000.
c. $42,400.
d. $92,400.

Answers

D is the correct answer

Why is inflation considered an economic problem? please refrain from irrelevant answers.

Answers

Answer: it is an economic problem because it is the devaluation of currency. Meaning that money is worth less than what it was before. (prices will go up

but wages will stay the same)

Explanation:

A key assumption of the supply and demand model is that: firms will continue to raise prices until profits become positive. each firm produces at a level of output at which price exceeds marginal cost. each firm's good is unique and cannot be duplicated by other firms in the market. each firm in the market produces an identical good.

Answers

Answer:

each firm in the market produces an identical good.

Explanation:

In the case of the supply and demand model there is a key assumption that tells that each & every firm in the market would generate or produce the same kind of good as it produced homogenous product instead producing different kind of goods

So according to the given situation the last option is correct

ANd the rest of the options would be wrong

Contemporary manufacturing is characterized by a. production facilities that are generally located as close as possible to the sites of raw material production. b. strong unions and localized involvement in all facets of the production process. c. spatial disaggregation of the production process. d. reliance on highly skilled labor at all phases of the production process. e. production facilities located close to railroads.

Answers

Answer:

Spatial disaggregation of the production process

Explanation:

Manufacturing is said to have dominated nonagricultural employment in 1950 about 45 percent while Growth is said to take off in the 1960s.

manufacturing increase due ot

1.Large labor pool released from agriculture

absence of unions

State Development Board- tax incentives, technical training

Interstate completion- upgrade airports and ports

Improved race relations, mild climate, relaxed lifestyle, recreation, less congested

Contemporary manufacturing is characterized by spatial disaggregation of the production process. Hence, Option (C) is correct.

This means that different stages of production are often dispersed across various locations, both domestically and globally.

There are several reasons for this trend.

First, advancements in transportation and communication technologies have made it easier to coordinate and manage production activities across different locations.

Second, globalization and the pursuit of cost efficiency have led companies to source raw materials, components, and labor from different regions to take advantage of lower costs and specialized expertise.

Third, spatial disaggregation allows for better risk management and resilience by diversifying production locations and reducing dependency on a single site.

Thus, this approach enables companies to optimize their supply chains, access specialized resources, and respond quickly to changing market demands.

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Catherine Jones has determined the following information about her own financial situation. Her checking account is worth $500 and her savings account is worth $900. She owns her own home that has a market value of $98,000. She has furniture and appliances worth $12,000 and a home computer and laptop worth $3,300. She has a car worth $12,500. She has recently purchased an annuity worth $5,500 and she has a retirement account worth $38,550. What is the value of her liquid assets

Answers

Answer:

$1,400

Explanation:

Calculation to determine the value of her liquid assets

Using this formula

Liquid Assets value =Checking account worth +Savings account worth

Let plug in the formula

Liquid Assets value=$500+$900

Liquid Assets value=$1,400

Therefore the value of her liquid assets is $1,400

Why did President Trump feel that more aggressive trade policies with China were necessary?

Answers

Answer:

President Donald Trump is leading one of the most radical changes in America’s stance toward China in decades.Where past presidents engaged Beijing in good faith on issues like improving its human rights record or its conduct in cyberspace, Trump has preferred to treat the country as a strategic competitor that requires a more aggressive response by the United States.

The US has a lot to be angry about. Among other indiscretions, Beijing has stolen US technological and personnel secrets for its own advantage, antagonized US allies in the South China Sea, killed or imprisoned more than a dozen American informants, and taken millions of US jobs over the past 15 years.

But instead of working to fix at least some elements of strained US-China relations while putting up with the bulk of China’s misbehavior, Trump has chosen to completely reshape the relationship and go after Beijing on all of it.

“This administration is not really focused on just a couple of things,” says Bonnie Glaser, a China expert at the Center for Strategic and International Studies think tank in Washington, “it’s really focused on everything.”

Explanation:

Hope it helps

Jamal bought a particular brand of golf balls because he knows the same
company makes great shoes. This is an example of a company having
A. competitive advantage
B. good corporate governance
c. successful corporate branding
D. a long-term vision

Answers

Answer:

c. successful corporate branding.

Explanation:

A pre-service strategy refers to the process of planning and analyzing activities that enable a business entity to identify and determine its end users or consumers and the uniquely defined services that will be offered to these customers as they enter into the system.

Hence, marketing is central to developing pre-service strategies.

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.

The pre-service strategies includes identifying the following target market, design, branding, market research.

In this scenario, Jamal bought a particular brand of golf balls because he knows the same company makes great shoes. Thus, this is an example of a company having successful corporate branding.

Corporate branding can be defined as an act which typically involves using a company's brand name in all of the advertisement process.

Discuss the social views that influence our relationship​

Answers

Answer:

relationships with others influence how we communicate with them by many different factors. The relationship between people influence the way we interact with them. Giving hugs is generally for people you are close to, although you may shake someone's hand if you are not as close to them

Answer:

well what kind of relationship?

Explanation:

When comparison shopping, all of these hint at a good deal EXCEPT_____________________.
lower-priced models offer more features.
there are more positive customer reviews than negative reviews.
there is a coupon available for additional percentage off the price.
the sale price is the cheapest available.

Answers

When comparison shopping, all of these hint at a good deal: lower-priced models offer more features.

What is e-commerce?

E-commerce is also known as an online sale and it can be defined as a type of business model that is designed and developed to involve the buying, shopping, and selling of goods (products) over the Internet.

What is comparison shopping?

Comparison shopping can be defined as a practice that is commonly embarked upon consumers of goods (products), in which they compare a range of available suppliers in order to identify the best price for a particular good (product) and influence their decision on who to patronize or buy from.

In this context, we can reasonably infer and logically deduce that lower-priced models offer more features does not indicate or suggest a good deal when a consumer is comparison shopping.

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a) From a one-way street, you USUALLY make a left turn from: the left curb lane. b) any lane if it is safe to do so. c) the two lanes closest to the left curb.​

Answers

Answer:

c

Explanation:

Interest earned on a savings account is _____.

Answers

Explanation:

Interest earned on a savings account is everfi

What are the four main reasons some skills are in higher demand than others

Answers

Answer: 1) Because of their demand 2) Wealth can be easily gotten through them 3) Improved solution 4) Tendencies that they would be needed for a long time

Explanation:

Some jobs are of a higher demand than others, the following explains why it is so

1) Demand; the world is changing and there is demand for certain fields today than before, new trends are replacing the existing ones, this now places a higher need for some skills than others.

2) Wealth easily generated; based on the demand for this new set of skills and job, there would be a high buying and selling within this region thereby creating wealth for those involved easily than existing skills

3) Improved solution; these high demand jobs have created better ways to solve problems than the existing method, this makes them have value than other methods applied before

4) Duration; there are tendencies that they would be sustainable for a long period of time, this makes them highly demanded

Leadership effectiveness should be evaluated according to which of the following characteristics?

Does the leader keep the discussion focused on the issues?
Does the leader encourage critical thinking?
How well does the leader manage conflict in the group?
all of the above

Answers

Answer:all of the above

Explanation:

1) Robolane Incorporated manufactures and distributes small robotic toys. Because most of its orders are via telephone or fax, numerous orders have to be reworked. The average cost of the reworked orders is $12.45: $5 for labor, $5.15 for more materials, and $2.30 for overhead. This ratio of costs holds for the average original order. On a recent day, the shop reworked 80 orders out of 800. The original cost of the 80 orders totaled $2,000. The average cost of all orders is $26.245, including rework, with an average selling price of $35. Required: Prepare the necessary journal entry to record the rework for the day if the shop charges such activities to Robo Department Overhead Control. Prepare journal entries to record all relevant rework charges as well as to transfer the reworked items finished goods to Finished Goods Inventory.

Answers

Answer:

Following are the Journal entries to the given question:

Explanation:

Accounts                                                              Dr                                        Cr

Robo Department Overhead Control              996

Materials Control [tex](80 \times 5.15) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 412[/tex]

Wages Payable  [tex](80\times 5)\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 400[/tex]

Shop overhead control[tex](80\times 2.30) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 184[/tex]

Finished Goods                                                  [tex]2000[/tex]

Work in process control                                                                             [tex]2000[/tex]

Which of the following are examples of discretionary fiscal​ policy? ​(Check all that​ apply.) A. The government provides stimulus funds to repair roads and bridges to increase spending in the economy. B. Additional taxes are collected as the economy experiences an increase in income resulting from economic growth. C. Congress provides a tax rebate to encourage additional spending in order to reduce the unemployment rate. D. The president and Congress reduce tax rates to increase the amount of investment spending. E. A state government borrows money to finance the building of a new bridge. F. The government spends more on the military to provide assistance to England after a natural disaster.

Answers

Answer:

The government provides stimulus funds to repair roads and bridges to increase spending in the economy

The president and congress reduce tax rates to increase the amount of investment spending

Congress provides a tax rebates to encourage additional spending in order to reduce the unemployment rate

Explanation:

The following are examples of discretionary fiscal​ policy.

The government provides stimulus funds to repair roads and bridges to increase spending in the economy. Congress provides a tax rebate to encourage additional spending in order to reduce the unemployment rate.The president and Congress reduce tax rates to increase the amount of investment spending.

The correct options are A, C, and D.

What is discretionary and nondiscretionary fiscal policy?

Discretionary Fiscal Policy: changes in government spending and taxation enacted during a crisis affect the economy. Nondiscretionary Fiscal Policy: the set of policies built into the system to stabilize the economy, also known as automatic stabilizers.

These are deliberate policies implemented by the government to increase or decrease government spending or taxation. For example, when private sector demand and confidence are low during an economic downturn, Keynesian economists may advocate for a deliberate increase in the size of the fiscal deficit.

Thus, the ideal selection is options A, C, and D.

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