Liabilities are classified as Current Liability and Non-Current Liability on the Balance sheet.
Liability is an accounting term used to represent debts and obligations which the business owes to others.
Examples of Liability includes Wages payable, Supplies payable, Owed Loans, Notes payable, Income taxes payable, Mortgages payable etcHowever, under the balance sheet, Liability are classified into two sections and includes the Current Liability and Non-Current Liability.The Current liabilities are known as Short term liabilities because they are liabilities that are due and payable within one year. The Non-current liabilities are known as Long-term liabilities because they are liabilities that are due after a year or more.Read more on this here
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A bond issue with a face amount of $495,000 bears interest at the rate of 7%. The current market rate of interest is 8%. These bonds will sell at a price that is:
Answer: Less than $495,000.
Explanation:
The options are:
a. Equal to $495,000.
b. The answer cannot be determined from the information provided.
c. Less than $495,000.
d. More than $495,000.
It should be noted that a bond will be sold at a discount when the market interest rate is more than the stated interest rate.
Due to the lower interest rate, the investors will pay less for the bonds. Therefore, based on the information given, the bonds will sell at a price that is less than $495,000.
Therefore, the correct option is C.
During a performance evaluation, what should be discussed?"
Future goals and plans
The training process
The menu
Company mission and vision statements
Other:
What is the role of business in a global economy?
Answer:
In any market economy, business plays a huge role. Business is the engine of an economy. Business provides jobs that allow people to make money and goods and services that people can buy with the money they make. Without business, the economy would be very inefficient and/or very primitive.
Explanation:
Use the drop-down menus to explain how to create a subreport. 1. Open the table in view. 2. On the Design tab, click Min Grouping & Totals. 3. Select "with a footer section" from a drop-down menu in a pane below. 4. Next, choose Subform/Subreport from the command group. 5. Place the cursor at an insertion point. Then, to create a space. 6. In the Subreport Wizard, choose what you want to include in the subreport from the main table. 7. Once you are satisfied, create a name for the subreport, and click Finish. DO NOT PUT ANY FILES JUST THE ANSWER.
Answer:
design
group and sort
control
click and drag
Explanation:
gg
100 points
hurry
Pick a manufacturing job that interests you and in no less than 125-words, describe the job, explain the job’s part in its manufacturing industry, and justify why the job is necessary in that industry and must be performed well.
Answer
A brain surgeon
Explanation:
I picked this job because i find it amazing and it looking stisfiying cutting the perfict square and just relaxing.
A detective:
i also picked this job because i love solving mysteries and I love drama.
A CSI
i also picked this job because it makes me feel alive
Answer:
A brain surgeon
ExExplanation:
Will a sole trader ownership stop a business progress?
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.
A factory can produce cars and trucks. If the price of cars increases, then the supply of trucks will
stay the same
decrease
Increase
Answer:
decrease
Explanation:
The critical elements of internal control systems for cash disbursements include each of the following except: Multiple Choice The same person that prepares the check should also record it in the proper journal. All of these answer choices are critical elements of internal control systems for cash disbursements. All disbursements, other than very small disbursements, should be made by check. Only authorized personnel should sign checks. All expenditures should be authorized before a check is prepared.
Answer:
The critical elements of internal control systems for cash disbursements include each of the following except:
The same person that prepares the check should also record it in the proper journal.
All of these answer choices are critical elements of internal control systems for cash disbursements.
Explanation:
When the person, who signs the check, records it in the journal, there is a violation of the control principle of segregation of duties, which is a principal element of internal control systems. Therefore, all the answer choices are not critical elements of the internal control systems for cash disbursement.
On January 1, 2018, Dexter, Inc. signs a 10-year noncancelable lease agreement to lease manufacturing equipment from Garr. (a) The agreement requires equal rental payments at the end of each year. (b) The fair value of the equipment on January 1, 2018 is $3,000,000. (c) The equipment has an estimated economic life of 10 years. Dexter depreciates similar equipment on the straight-line method. (d) At the termination of the lease, the title to the equipment will be transferred to the lessee. (e) Garr Co. set the annual rental to insure a 10% rate of return. (f) The yearly rental payment includes $10,000 of executory costs related to taxes on the property. From the lessee's viewpoint, what type of lease exists in this case? Question 13 options: Sales type lease Sales-leaseback Capital lease Operating lease
Answer:
This is a Sales type lease from the lessee's viewpoint.
Explanation:
A sales type lease from the lessee's viewpoint can be described as finance lease in which the title to the asset under lease will be transferred to the lessee at end of the lease.
From the question, it is stated in point (d) that at the termination of the lease, the title to the equipment will be transferred to the lessee.
This therefore indicates that this is a Sales type lease from the lessee's viewpoint.
Do you think it was a good idea to sell Burger King ?
Answer:
There are pros and cons since burger kings its a big company of burgers but in the recent years not too many people is buying more from it, so selling it would be good since it is still an important and known name
repost because it got lost in a sea of questions)
The Wang sheng Funeral harbor had received coffins from their supplier. The director, Hu Tao decides to advertise them. Is this a good choice?
Answer:
No
Explanation:
If Hu Tao advertises them, then people will do their own funeral preperations and buy straight from the supplier, as will other companies. Then they won't make as much mora and who will pay Zhongli?
Wait...
Just remembered Childe exists, Zhongli will be fine.
Credit card companies charge
on any purchases you have not paid off that month.
NO LINKS PLEASE! Why is opening a franchise often considered lower risk for an entrepreneur than setting up a new business? Please help me will give brainliest!
Answer:
Explanation:
This consistency of product, store design and operations is the key advantage that a franchise offers. As a result a franchise may takes less time to establish a customer base than an independent business, which may in turn lead to bigger profits earlier.
Why do lower labor costs in other countries lead to job loss in the United
States?
A. Foreign governments can charge higher tariffs and make more
revenues.
B. Foreign producers are able to insource and make higher profits.
C. Workers migrate in search of better-paying jobs.
D. It enables foreign producers to undersell domestic producers.
Answer:
Foreign producers are able to insource and make higher profits.
Explanation:
yes its so because the foreign producers cause people to work for them instead so u need to buy products made in your own country.
Answer:
C. workers migrate in search of better paying jobs
Explanation:
lets say in japan they started paying people 10 fold more than before, and in the us they payed 2x less then before, then people would migrate to japan for better jobs. Source: trust me bro
Scenario: Money Creation The reserve requirement is 20%. Leroy receives $1,000 as a graduation present and deposits the money in his checking account. The bank does NOT want to hold excess reserves. Reference: Ref 14-5 (Scenario: Money Creation) Look at the scenario Money Creation. Immediately after the deposit, reserves _____ and demand deposits _____ by $1,000. Group of answer choices increase by $1,000; increase decrease by $200; increase decrease by $1,000; decrease increase by $1,000; decrease
three goods or services provided by the government
Answer:
public education, fire protection, police services,
Answer: Public Education, Interstate Highways, Postal Service
what is integrity
A.the attitude that you are better than others
B.The belief in your own ability to do well
C.The ability to come up with new plans or ideas
D.The practice of using ethical behavior
Answer:
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What is integrity[tex]\color{Blue}\huge\boxed{Answer} [/tex]
C.The ability to come up with new plans or ideasbe my friend and u get brainly and 100 points
Answer:
hi friend
Explanation:
A financial cooperative is a type of financial institution that is owned and operated
by:
Its members.
The state.
The president of the cooperative.
Answer: it's members
Explanation:
Cooperatives are private businesses or organization that are owned by it's own members, it's members are those who use or patronize it's product and services. They vary in size but irrespective of their sizes they are operated solely on members demand.
Financial cooperatives are no different from cooperatives just that they are banks owned and operated by it's member's.
Notes move in different directions. what refers to the movement of notes
Answer:
Melodic motion is the quality of movement of a melody, including nearness or farness of successive pitches or notes in a melody. This may be described as conjunct or disjunct, stepwise, skipwise or no movement, respectively.
Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of $8,388. The FICA tax for social security is 6.2% of the first $128,400 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The FUTA tax rate of 0.6% and the SUTA tax rate of 5.4% are applied to the first $7,000 of an employee's pay. The amount of federal income tax withheld from her earnings was $1,391.77. What is the total amount of taxes withheld from the Portia's earnings
Answer: $2,033.46
Explanation:
Social security taxes = 8,388 * 6.2% = $520.06
Medicare taxes = 8,388 * 1.45% = $121.63
Federal income tax withheld = $1,391.77
FUTA and SUTA are to be paid by the employer not the employee.
The total amount of taxes withheld from Portia is therefore:
= 520.06 + 121.63 + 1,391.77
= $2,033.46
A company purchased a machine for $190,000. The machine has an estimated useful life of 8 years and a salvage value of $10,000. It is estimated that the machine could produce 75,000 parts over its useful life. In the first year, 15,000 parts were produced. In the second year, 19,000 parts were produced. Using the units-of-activity/production method, what is the net book value of the machine at the end of the second year
Answer:
$108,400
Explanation:
The computation of the net book value of the machine at the end of the second year is shown below:
But before that the accumulated depreciation would be determined
For first year, the depreciation expense is
= ($190,000 - $10,000) × 15,000 ÷ 75,000
= $36,000
For the second year, the depreciation expense is
= ($190,000 - $10,000) × 19,000 ÷ 75,000
= $45,600
Now the net book value is
= $190,000 - $36,000 - $45,600
= $108,400
The overriding aim in building a management team should be to: A. select people who are committed to decentralizing decision making and empowering employees. B. assemble a critical mass of talented managers who can function as agents of change and further the cause of first-rate strategy execution. C. choose managers experienced in controlling costs and flattening the organization structure. D. select people who have similar management styles, leadership approaches, business philosophies, and personalities. E. choose managers who believe in having a strong corporate culture and deeply ingrained core values.
Answer:
B. assemble a critical mass of talented managers who can function as agents of change and further the cause of first-rate strategy execution.
Explanation:
A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.
This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.
A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.
Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.
Generally, the overriding aim in building a management team is to assemble a critical mass of talented managers who are able to typically function as agents of change while furthering the cause of first-rate strategy execution for the growth and development of a business firm or organization.
Explain the difference between a direct tax and an indirect tax.
Answer:
Taxes can be either direct or indirect. A direct tax is one that the taxpayer pays directly to the government. These taxes cannot be shifted to any other person or group. An indirect tax is one that can be passed on-or shifted-to another person or group by the person or business that owes it.
Explanation:
Answer:
see the pic hope it would be helpful.
Explanation:
In the registration statement filed with the SEC, DrugsUSA stated that it had three different medicines approved by the Food and Drug Administration (FDA). In reality, DrugsUSA had filed applications for approval with the FDA that were still pending. The SEC approved the sale of DrugsUSA stock, and Marilyn purchased $100,000 worth of stock. Two months later, all three of DrugsUSA's applications were denied by the FDA. The stock price plummeted, reducing the value of Marilyn's shares to a total of $2,000. What, if anything, can Marilyn recover
Answer:
In the given case, the default is done by the FDA and not the producing company, hence, the company in loss is eligible for the loss they have occurred. As per the laws in United states, any entity losing any profits or incurring any loss due to actions of some government entity will be eligible to that extent of loss or reduce in value. Therefore, Marilyn is eligible to recover the loss in value, that is $98000, from food and drug administration.
A union declares it will be engaging in a partial strike whereby its employees will alternate between working for a period of time and then walking off the job for an indefinite time. Thus, employees may work for a few days or only a few hours before walking off the job again. The employer claims the union does not have the legal right to engage in a partial strike. Which statement is correct
Answer:
a. The employer is correct. The union must either strike or work—it cannot alternate between working and striking.
Explanation:
Since in the question it is given that that employee work for a less days or less hours prior walk off to the job again. Also the employer would claimed that the union does not have the legal right to have partial strike so here the employer is correct as the union could be do one thing at a time i.e. strike or work
So statement a is correct
Which of the followind one-time payments are renters typically required to pay In to their first month's rent when they sign a lease
Answer:
Security deposit
Explanation:
Security deposits is a term that is used to describe a one-time payment that renters are typically required to pay into their first month's rent when they sign a lease.
This security deposit is usually given back to the renter after the tenancy period has ended, and the tenants did not cause any form of unusual damage beyond what is expected through the usage period.
Which of the following data is used to determine credit scores?
Answer: the length of stay at your current residence
Explanation:
It shows the stability of your household and that your responsible
Careers in the Public Service cluster can help make a difference in the world but they can be tough careers to work in. Describe what a person who would love working in this field may be like.
Answer:
Working in public sector requires alertness, assertiveness, intelligence, and emotional stability in any individual
Explanation:
Career in public sector services require lot of efforts and determination along with passion for working for the betterment of the society.
A person must love to take up challenges of every day life, must be compassionate towards their fellow country mate, must be intellectual, emotionally intelligent and along with that must have control on their feeling, vocals speeches, or any social media remarks.
hi thereeeeeeeeeeeeeeeeeeee
Answer: Hello nice to meet you!!!!!
Explanation:
Answer:
Periotttt yasss queen!!!
Explanation: