A client has several suppliers they purchase their materials from, and most of the suppliers require part or all payments to be made at the time of order. You advise your client to set up a Prepayments account that can be reconciled each month. How should this account be set up
Analyzing the above scenario, the customer should set up an asset account called prepayment, which is an item described in the balance sheet as a current asset and liability, as this will be a financial resource available for future use.
A prepayment asset account is therefore configured as an expense previously paid, but which has not yet occurred, being this a facility for companies to pay their suppliers at the time of the order in a previously scheduled manner.
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How does money function as a medium of exchange?
O A. It has a value that is set and changed by the government.
O B. It can be used to compare the value of different products.
C. It allows people to buy, sell, and trade goods efficiently.
D. It can be made of paper, metal, or many other materials.
Answer:
C. It allows people to buy, sell, and trade goods efficiently
Answer: C, it allows people to more easily buy and sell products
Explanation:
Calcular el interes que genera un capital emprestado de $ 15500 a una tasa del 6,5% anual durante 240 dias
Necesito ayuda
Answer:
I think answer is 41.97.
If a stadium increases its profit margin from $250,000 to $575,000, what is the percentage increase in profit margin?
Answer:
250,000x575,000 a percentage is 1 thusand
The percentage increase in profit margin would be : 57%
First, we'll get increase in the profit
= $575,000 - $250,000
= $325,000
Then, the percentage increase in profit margin
= $325,000 / $575,000 * 100
= 0.57 * 100
= 57%
Hence, the percentage increase in profit margin would be 57%.
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kinh tế đầu tư là gì
Answer:
..OK I know what,is the mangsanswer
Explanation:
sjaksjhshsk
A style guide, such as an MLA manual, will assist you in:
a
Correctly using grammar and punctuation
b
Helping you check your spelling
c
Formatting your references correctly
d
None of these are correct uses for style guide
Answer:
d
Explanation:
A style guide, such as an MLA manual, will assist you in "None of these are correct uses for style guide". The correct option is D.
A style guide like an MLA manual, serves multiple functions beyond grammar, punctuation, spelling or formatting references. It provides a structured framework for consistency in various communication aspects.
It guides writers in maintaining a uniform tone, style, and formatting across documents, ensuring clarity and professionalism.
The guidelines for layout, headings, citations, and visual elements, a style guide supports effective communication, fosters credibility, and aligns written materials with a specific purpose or brand identity.
Therefore, the correct option is D.
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#SPJ3
Empire Airlines reports the following cost data for the year. The company flew 100 private flights during the year. A group has offered Empire $11,100 for a private flight to Chicago for its members. Revenue$ 20,100per flight Wages, salaries, and benefits$ 7,100per flight Fuel and oil$ 4,600per flight Food and beverages$ 520per flight Depreciation$ 305,000per year Rent$ 255,000per year (a) What is the contribution margin from accepting the offer
If Empire Airlines accepts the offer, their contribution margin from that trip would be -$1,120
Contribution margin is calculated as:
= Revenue - Variable costs
The revenue the group is offering is $11,100.
The Variable costs are;
= Wages + Fuel + Food
= 7,100 + 4,600 + 520
= $12,220
The Contribution margin is:
= 11,100 - 12,220
= -$1,120
In conclusion, the contribution margin is -$1,120
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An analyst predicted last year that the stock of Logistics, Inc., would offer a total return of at least 10% in the coming year. At the beginning of the year, the firm had a total stock market capitalization of $10 million. At the end of the year, its market cap was $12 million even though it experienced a loss, or negative net income, of $2.5 million. Did the analyst's prediction prove corrct? Explain using the values for total annual return.
The total rate of return for the firm is %. (Round to two decimal places.)
Did the analyst's prediction prove correct? (Select the best answer below.)
A. Yes, the analyst's prediction is correct because the firm's total rate of return is even higher than the predicted one regardless of the negative net income.
B. No, the analyst's prediction is incorrect because the firm had a negative net income even though its total rate of return is higher the predicted one
C. Yes, the analyst's prediction is correct because the firm's negative net income was fully recovered by the positive annual rate of return.
D. No, the analyst's prediction is incorrect because the firm had a lower total rate of return than the one the analyst predicted.
The analyst's prediction was correct because the total return from the market capitalization of Logistics, Inc. increased to 20% from 10%.
A. Yes, the analyst's prediction is correct because the firm's total rate of return is even higher than the predicted one regardless of the negative net income.
Data and Calculations:
Total return predicted by analyst = >10%
Total stock market capitalization at beginning = $10 million
Total stock market capitalization at ending = $12 million
Increase in market capitalization witnessed during the year = $2 million ($12 - $10 million)
Return for the year based on market capitalization = 20% ($2/$10 x 100)
Net loss for the year = $2.5 million
Thus, the analyst's prediction was correct because the total returns recorded at the end of the year was 20%, which was more than 10%.
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Oleg's four employees have been with him since he opened Ready Recruitment Services nearly a decade ago. As he anticipates staffing his new branch office, he decides none of these four long-time employees are ready to manage the office. Faced with this difficult situation, what should Oleg do
Faced with this difficult situation, ideally, Oleg would run the new branch himself and nominate one of the three to assume the original office, as this would be a way to demonstrate confidence and test the skills of an employee in a higher position.
In this way, the former employee's chances of succeeding in a more responsible management position would increase, due to the employee's long-term knowledge of the workplace and organizational structure.
Oleg should choose for the position and train the collaborator who:
Demonstrate greater innovation and creativity.Be flexible.Have assertive communication skills.Therefore, this would be a way for Oleg to analyze the skills as a manager of an employee in relation to a work environment he already knows.
Oleg would also be able to increase his willingness to manage the new office effectively.
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A good interpreter will be :_________.
A. bilingual, familiar with both business cultures, and employed by one of the businesses.
B. bicultural, bilingual, and familiar with both business cultures.
C. bicultural and an employee of the visiting business.
D. bicultural, bilingual, and employed by the host business.
Answer:
i would say A. sry if it's wrong :(
Explanation:
Jerry Allison starts the month with a balance on his credit card of $1,070. On the 10th day of the month, he purchases $390 in clothes with his credit card. On the 15th day of the month, he makes a payment on his credit card of $550. Jerry's interest rate is one and a half percent for the month. Jerry's bank calculates the finance charge on their credit card by using the previous balance method. What would Jerry's finance charges be for the month?
a. $11.17
b. $7.80
c. $13.18
d. $21.90
e. $16.05
Answer:
b. $7.80
Explanation:
hope it help you
the emergent strategies are those strategies adopted in light of a thorough analysis of both external and internal environment only . true or false ?
The statement "The emergent strategies are those strategies adopted in light of a thorough analysis of both external and internal environment only" is: True
Emergent strategies are those measures which are taken to ensure that a company grows and is successful even when there is no particular set aims or goals.
However, the statement that an emergent strategy can only exist in only an internal and external environment is true.
This is because these internal and external factors are why the strategies are in place to make sure that there is a realized goal in the company and that continuity is ensured.
Please note that an internal environment is one that has a direct impact on the company,while external environment does not directly impact the company
Therefore, the correct answer is true
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The December 31, 2021, adjusted trial balance of Business Solutions (reflecting its transactions from October through December of 2021) follows. Number Account Title Debit Credit 101 Cash $ 48,372 106 Accounts receivable 5,668 126 Computer supplies 580 128 Prepaid insurance 1,665 131 Prepaid rent 825 163 Office equipment 8,000 164 Accumulated depreciation—Office equipment $ 400 167 Computer equipment 20,000 168 Accumulated depreciation—Computer equipment 1,250 201 Accounts payable 1,100 210 Wages payable 500 236 Unearned computer services revenue 1,500 301 S. Rey, Capital 73,000 302 S. Rey, Withdrawals 7,100 403 Computer services revenue 31,284 612 Depreciation expense—Office equipment 400 613 Depreciation expense—Computer equipment 1,250 623 Wages expense 3,875 637 Insurance expense 555 640 Rent expense 2,475 652 Computer supplies expense 3,065 655 Advertising expense 2,753 676 Mileage expense 896 677 Miscellaneous expenses 250 684 Repairs expense—Computer 1,305 901 Income summary 0 Totals $ 109,034 $ 109,034 Required: 1. Prepare an income statement for the three months ended December 31, 2021. 2. Prepare a statement of owner's equity for the three months ended December 31, 2021. Hint: The S. Rey, Capital account balance was $0 on October 1, and owner investments were $73,000 this period. 3. Prepare a classified balance sheet as of December 31, 2021. 4. Record the closing entries as of December 31, 2021. 5. Prepare a post-closing trial balance as of December 31, 2021.
The income statement, statement of owner's equity for the three months, classified balance sheet, record of the closing entries, and the post-closing trial balance have all been prepared for Business Solution, as shown in the images attached below, as of Dec. 31, 2021. (See attachment).
1. Question 1 is the income statement of Business Solution for the period of three month ended Dec. 31st, 2021 prepared to determine the net income which is equal to $14,460.
The net income is arrived at as follows:
Net income = Total Revenue less Revenue Expenses2. Question number two deals with the owners equity, as at Dec. 21st, 2021, which is equal to $80,360.
Owner's Equity is arrived at as follows:
Capital + Net Income - Withdrawal3. Question 3 refers to the Balance Sheet of Business Solution as at Dec. 31st, 2021.
The Balance Sheet is statement of affairs, that shows the financial positions of a business.
The Balance Sheet has 2 parts, the assets and the liabilities.
The assets refers to what the business owns, financed by the liabilities.
The total assets of Business Solution, as at Dec. 31st, 2021 equals $83,460.Owner's equity + Liabilities = total assets, i.e. $83,460.4. Question 4 gives summary of the closing entries of Business Solution as at Dec. 31st, 2021.
The closing entries shows the balances remaining in the books of accounts after all adjustments have been made.
5. Question 5 shows the post trial balance of Business Solution as at Dec. 31st, 2021.
The post-trial balance is the least of all balances remaining in the books of accounts extracted on Dec. 31st 2021 after all adjustments have been made.
The totals, that is debit and credit of the trial balance equals $105,964.In summary, the income statement, statement of owner's equity for the three months, classified balance sheet, record of the closing entries, and the post-closing trial balance have all been prepared for Business Solution, as shown in the images attached below, as of Dec. 31, 2021. (See attachment).
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what are your political beliefs?
Answer:
political belief or activity means your beliefs and actions, as long as they are lawful. ... That means it is against the law to discriminate against you because you support a certain political party or because you don't support a certain political party.
Explanation:
Overinflated tires are more prone to _____.
A. hydroplaning
B. deflating slowly
C. blowouts
D. catching on fire
Answer:
Blowouts
Explanation:
It is because it pops easier
blow outs its easy to explode
I WILL MARK BRAINLIEST!!!
The best way to make yourself valuable to your employers is to learn _____.
A) How to do your job only
B) How to do multiple jobs
C) How to avoid doing work
D) How to avoid embarrassment
Answer:
D. How to avoid embarrassmentHope im correct im from philippines please greet me :))Answer:
its d
Explanation:
edge 2023
A company purchased $4,400 worth of merchandise. Transportation
costs were an additional $385. The company returned $305 worth of
merchandise and then paid the invoice within the 2% cash discount
period. The total cost of this merchandise is:
Answer:
If I did get it right it should be 4,569.6
6. Give a reason why economic interdependence can benefit economies.
Answer: Why Does Interdependence Bring Economic Growth? With economic interdependence comes economic growth. This affiliation allows specialist industries to thrive. And, the success can lead to job and wage/salary increases and an overall improvement to wealth and lifestyle.
Why is a tariff imposed
Explain the significance of each of the following major fields of business activity: manufacturing, wholesaling, retailing.
Answer:
Manufacturing is the process of transforming raw resources into a form that customers can utilize. A picture frame maker creates completed items out of wood and glass. A baker is someone who transforms flour, sugar, and spices into pies and cakes. Manufacturing, more than any other industry, lends itself to large-scale operations. This is due to the fact that many of these businesses, such as automotive manufacturing, require significant quantities of money and a big number of employees to get started.
Explanation:
Wholesalers purchase items from extractive or manufacturing firms and resell them to other businesses. They often acquire in big numbers before selling in tiny ones.
Retailers purchase items from wholesalers, manufacturers, and extractive companies and sell them to customers. Most people associate retail with a store where they may purchase products.
Reasonable people debate the ethics of marketing through influencers. We are sometimes led to believe that they use the product they are advertising, and it isn't disclosed that they are being paid for it. What do you think? Is it ethical? Justify your answer.
You don’t have to notify employees that a lockout/tagout is about to begin.
True
False
False. Employees must be notified by the supervisor about the beginning of a lockout/tagout procedure.
Lockout and tagout are work procedures that ensure that safety is maintained for employees, especially during equipment repairs or maintenance.Lockout involves ensuring that the operation of a machine or process is in a safe mode by isolating energy from the system.Tagout is a labeling that ensures that warnings are issued to employees during a lockout so that a machine or process is not re-energized until the repair or maintenance is complete.
Thus, it is FALSE that employees will not be notified that a lockout/tagout is about to commence.
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Rothbart Manufacturing agrees to manufacture bumper cars for 12 Banners Amusement Parks. Under the terms of the contract, 12 Banners will pay Rothbart a total of $63,000, and 12 Banners can cancel the contract if it so chooses but must pay Rothbart for work completed. Rothbart believes that, if 12 Banners cancelled the contract, Rothbart could sell the bumper cars to another amusement park and still make a profit. The manufacturing contract is expected to last six months, and as of December 31, 2021, the job is 80% complete. How much revenue should Rothbart recognize in 2021 for this contract
The revenue that Rothbart Manufacturing should recognize in 2021 for the contract is $50,400.
Data and Calculations:
Contract value = $63,000
Contract period = 6 months
Percentage of contract on December 31, 2021 = 80%
Revenue to be recognized for 2021 = $50,400 ($63,000 x 80%)Thus, based on the contract terms that 12 Banners could cancel the manufacturing contract, and pay based on the percentage of work completed, the revenue that Rothbart Manufacturing should recognize for 2021 is $50,400.
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Which of the following statements regarding public speaking is the most accurate?
1. Language theories (general semantics) tell us that meanings are in words themselves, not in the interpretation of those words.
2. The language spoken by the greatest number of people on the planet is English.
3. Spoken language includes more personal pronouns and more expressive, emotional, colloquial, slang, and nonstandard words.
4. Language is simply something we use; it is not part of who we are or how we think.
Answer:
it's 1 because the language theories tell us how we are supposed to use the proper form of words in speaking
When the cost of most goods and services rise over time, this has the effect of a dollar being able to buy less over time. This is called _____.
deflation
inflation
supply and demand
exchange value
You have an annual salary of $58,000 from which they deduct 3% for medical insurance and 18% for taxes. Your rent is $1200 a month. Your water, electricity and internet bill are around $238 a month. Every week you put 130 miles on your car that gives you 20 miles per gallon and gas cost $3.17 per gallon. You pay a premium of $1,019 every six months for car insurance. You spend $120 a week on food. You also have a student loan that you are paying $150 on every month and you spend $100 every 2 weeks just to treat yourself.
Requried:
Create a monthly budget and find your monthly cash flow.
Answer:
bhruy5y4t4yt4hdjzvcxvcfg
Explanation:
The minimum passing scale score for all written and practical licensing examinations for board of barbers and cosmetologist in the state of New Mexico.
A. 75
B. 80
C. 70
It is an attempt to combine separate economies into larger economic region.
Answer:
economic integration I believe
On September 1, 2020, Marigold Company sold at 104 (plus accrued interest) 3,360 of its 9%, 10-year, $1,000 face value, nonconvertible bonds with detachable stock warrants. Each bond carried two detachable warrants. Each warrant was for one share of common stock at a specified option price of $15 per share. Shortly after issuance, the warrants were quoted on the market for $3 each. No fair value can be determined for the Marigold Company bonds. Interest is payable on December 1 and June 1.
Required:
Prepare in general journal format the entry to record the issuance of the bonds.
Answer:
ok..
Explanation:
On September 1, 2020, Marigold Company sold at 104 (plus accrued interest) 3,360 of its 9%, 10-year, $1,000 face value, nonconvertible bonds with detachable stock warrants. Each bond carried two detachable warrants. Each warrant was for one share of common stock at a specified option price of $15 per share. Shortly after issuance, the warrants were quoted on the market for $3 each. No fair value can be determined for the Marigold Company bonds. Interest is payable on December 1 and June 1.
Required:
Prepare in general journal format the entry to record the issuance of the bonds.
A substance made up of two or more elements that have been chemically combine is called Question 15 options: an element an atom a compound a mixture
Answer:
The answer is a Compound.
Hope this helps
Explanation:
I know cause i took the test and got it right, btw I'm in 8th grade so you may have a different answer for whatever grade level you are in.