abc has a $5 million liability at december 31, 2018, of which $1 million is payable in each of the next five years. abc reports the liability on the balance sheet as a:

Answers

Answer 1

abc  should reports the liability on the balance sheet as a: $1 million current liability and a $4 million long-term liability.

Liability

The liability will appear in the balance sheet as:

Current liability (Payable)= $1 million

Long term liability=$5 million-$1 million

Long term liability=$4 million

Therefore abc  should reports the liability on the balance sheet as a: $1 million current liability and a $4 million long-term liability.

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Related Questions

Using a price skimming strategy, Apple stakes out a price and then maintains and defends that price by significantly increasing the value of their products in future iterations. Apple gives priority to profits over market share, making people starve for the new upgraded product. Apple's price skimming strategy is most often used for a new product when _______. a. the supply of the product is greater than its demand b. customers are unwilling to spend a large amount of money on the product c. competition in the market is abundant d. the product is perceived by the target market as having unique advantages

Answers

(D) The product is perceived by the target market as having unique advantages.

What is a price skimming strategy?When offering a product or service for the first time, a company can use price skimming as a pricing strategy.  A company can profit from a higher price in the market and recoup its sunk costs more quickly by using this price skimming strategy and taking the excess profit before new competition emerges and drives down the market price.  Setting high initial pricing and gradually lowering them has been a fairly standard technique for managers in developing markets. The process of price skimming is sometimes referred to as riding the demand curve.

Therefore, apple's price skimming strategy is most often used for a new product when (D) The product is perceived by the target market as having unique advantages.

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Explain how e business systems naturally have greater security risks than traditional business systems. the answer must be focused on person-based trust

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E-business systems naturally have greater security risks than traditional business systems because they lack a personal touch and are vulnerable to hackers.

Why E-Business is risky?Along with vulnerabilities connected to using third-party platforms, data privacy laws, internet security rules, and customer service concerns, these risks include the unauthorized sharing of data, fraud, malware, and other security lapses. E-commerce is lacking in a personal touch which is better than traditional. The product is not touchable or haptic. Therefore, it is challenging for customers to evaluate a product's quality. Risks associated with conducting business online frequently include suspicious activities and credit card data theft. This is not a problem in traditional ones.Anyone can make an online purchase using a stolen credit card, including hackers. Most often, disputes start when a customer's account has been charged for a product that never shows up.

Hence, E-business is riskier than the traditional business system.

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Suppose you are the owner of a picture frame store and you wish to calculate how many pictures you must sell to cover your fixed and variable costs at a given price. Demand for pictures is strong, so the average price customers are willing to pay for each picture frame is $120. Also, suppose your fixed costs (FC) total $32,000 (real estate taxes, interest on a bank loan, etc.) and unit variable cost (UVC) for a picture frame is $40 (labor, glass, frame, and matting). What is the quantity of picture frames you will need to sell to break even

Answers

Based on the selling price of the picture frames and the unit variable costs, the break-even point is 400 picture frames.

What is the breakeven point?

This can be found by the formula:

= Fixed costs / (Selling price - Variable costs)

Solving gives:

= 32,000 / (120 - 40)

= 32,000 / 80

= 400 picture frames

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Willard works as a representative focused on the senior marketplace. What would be considered prohibited activity by willard?.

Answers

The act of Implying that only seniors can enroll in a Medicare Advantage plan when meeting with Mr. Hernandez would be considered a prohibited activity by Willard.

What is a prohibited activity?

This refers to those activities that are not permitted under code of conduct of an organization.

Hence, among other options, the act of Implying that only seniors can enroll in a Medicare Advantage plan when meeting with Mr. Hernandez would be considered a prohibited activity by Willard.

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The first paragraph or part of a business letter is the
OA. introduction
OB. addresses
OC. supporting details
OD. conclusion
SUE

Answers

Answer:

introduction

Explanation:

I don't know how to explain

Successful small business owners are: Group of answer choices not good sources for information on starting your own business because they generally do not understand failure. valuable sources for information since you can learn from their experiences. good but risky since their keen sense of sniffing-out something with potential will tempt them to steal your ideas. valuable sources of information, but you should proceed with caution because talking with someone who could eventually be your competitor may cross the line due to federal trade commission laws.

Answers

Successful small business owners are valuable sources for information since you can learn from their experiences.

What is a business?

It should be noted that a business entails the production of goods and services to the consumers.

In this case, the successful small business owners are valuable sources for information since you can learn from their experiences.

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Podcasting, at its core, is about what?
A. Making money
B. Sharing
C. Obtaining market share
D. Influencing as many people as possible

Answers

The answer is b or C

Four companies computed their days' sales in inventory as follows: Company A: 47.2 Company B: 36.5 Company C: 45.1 Company D: 39.4 Which company is the most efficient and effective in managing its inventory

Answers

The most efficient and effective in managing its inventory is Company B.

Who is the most efficient?

The days' sales in inventory  is a financial ratio that measures the rate at which a firm is able to sell its inventory in a given year. The lower the ratio, the more efficient a firm is in selling its inventory.

Days' sales in inventory = number of days in a period / inventory turnover

Inventory turnover =  cost of goods sold / average inventory

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which is true of the influencers found among early adopters?

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What is true about  the influencers found among early adopters is that  a. They are not focused on earning the respect of others.

Who are the influencers ?

Influencer can be regarded as those that are found in life that involve themselves in endorsements and product placement .

These people are found in different  organizations and have purported expert level of knowledge , however They are not focused on earning the respect of others.

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An instrument that give their holders the right to purchase a certain number of shares of the firm's common stock at a specified price over a certain period of time is called

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An instrument that gives its holders the right to purchase a certain number of shares of the firm's common stock at a specified price over a certain period of time is called stock purchase warrants.

What are stock purchase warrants?

Stock options are contracts that give the holder the freedom to purchase or sell a security at a certain price for a set period of time without being impacted by changes in the security's market price during that time.

A stock purchase warrant is another form of stock option.

An owner of a stock purchase warrant has the right to acquire shares of common stock at a given price (the exercise price of the warrant).

In order to make senior securities (preferred stocks and bonds) more marketable, warrants are frequently issued alongside them.

They may also be given out directly as part of the payment made to underwriters of new issues and other company promoters.

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A company received a utility bill of $650 but did not pay it. Indicate the amount of increases and decreases in the accounting equation. (Decreases to account classifications should be entered as a negative.)

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Based on the fact that the utility bill was received but not paid, the increases and decreases are:

Assets - $0Liabilities - +650Equity - (-650)

What is the effect on the accounting equation?

Liabilities will increase by the utility bill of $650 because the company owes this amount.

Equity will decrease by $650 because this expense will come out of revenue. The total assets will remain unchanged as a result of equity ad liabilities canceling each other out.

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the ability of the competitive forces of supply and demand to establish a price at which selling and buying decisions are consistent is called ______.

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The ability of the competitive forces of supply and demand to establish a price at which selling and buying decisions are consistent is called the rationing function of prices.

What is the rationing function of prices?

Rationing function of price  is used to measure the goods that consumer can use their money to buy.

When their is scarcity of goods in the market this means that demand will be  above supply and the outcome is that price of goods   will tend to increase or  bid up.


Therefore the ability of the competitive forces of supply and demand to establish a price  is called the rationing function of prices.

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The airlines sold fewer tickets to business travelers during the "Great Recession" due to more companies using video conferencing software to save money. According to the five forces model, this type of threat is called the

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According to the five forces model, this type of threat is called the threat of substitute products.

What are the five forces model?

The five forces model is used to analyse the competitiveness among firms in an industry. They are also referred to as the Porter's five forces.

One of the five forces is the threat of substitute products. If there are little or no substitutes for the goods produced by other companies, the greater the power the firms possesses.  Video conferencing is an alternative to physical meetings.

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If government spending increases or personal income taxes decrease, what are the likely effects on output, price level, and interest rates?

Price Level / Output / Interest Rates


1) Increase / Increase / Decrease

2) Increase / Increase / Increase

3) Decrease / Increase / Decrease

4) Decrease / Decrease / Decrease

5) Decrease / Decrease / Increase

Answers

When there is an increase in government spending, there will be an increase on the output, price level, and interest rates

What is a government spending?

This refers to the funds injected to the public sector on the acquisition of services such as education, healthcare, social protection, defense etc.

Most time, the effect of an an increase in government spending leads to an increase on the output, price level, and interest rates as it is a method of stimulate demand.

Therefore, the Option A is correct.

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An increase in a consumer's income Group of answer choices increases the slope of the consumer's budget line. has no effect on the slope of the consumer's budget line. decreases the slope of the consumer's budget line. has no effect on the consumer's budget line.

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An increase in a consumer's income will increase the slope of the consumer's budget line.

What is a budget line?The budget line sometimes referred to as the budget restriction, displays every combination of two commodities that a client is able to afford at the current market pricing and within their specific income range.The budget line is a graphical representation of every combination of the two commodities that may be purchased using the given income and cost, with the price of each combination being equal to the customer's monetary earnings.It's critical to remember that the slope of the budget line corresponds to the cost-to-volume ratio of two commodities. The slope of the budgetary restriction is very significant.Increase in the slope of the budget line:A rise in income allows consumers to purchase more of both goods, which causes the budget line to shift outward, or to the right (slope increases).

Therefore, an increase in a consumer's income will increase the slope of the consumer's budget line.

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A natural barrier that faces Argentina when it sells beef to Siberia is: Group of answer choices custom regulations distance government controls exchange controls taxes

Answers

A natural barrier that faces Argentina when it sells beef to Siberia is distance.

Why distance is a barrier to trade?

Due to the fact that markets within countries are typically closer together than markets between countries, distance reduces international trade in comparison to domestic trade. Most overseas markets have higher transportation expenses than they do for domestic markets, frequently by a significant margin. Given that distance seems to restrict trade more than can be compensated for by transportation, it is possible that distance is also linked to greater non-transportation trade costs.

For example, the price of carrying the beef from Argentina to Siberia could make it too expensive even though farming beef there may be less expensive than raising beef in the freezing cold of Siberia. Thus, one of the inherent obstacles to international trading is distance.

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An Office Manager uses a Periodic Review Inventory System: they check the inventory in their Office Supply Closet once every 10 days, placing an order with their supplier depending on the inventory level in the closet. This week, the manager has counted 140 post it notes in the closet. They have already placed an order with a supplier for 300 post it notes that should arrive in 3 days. What is the Office Manager's Inventory Position

Answers

There are 440 postings available in the inventory for office managers. it keeps the manager's position stable.

What is an inventory system?

Software for tracking inventory levels, orders, sales, and deliveries is called inventory management software. It can be used to construct a work order, bill of materials, and other documents connected to production in the industrial sector.

The inventory position is determined using the following formula:

= Current stock counted in the closet + prior supplier orders

where,

In-room post are=140

Ordered=300

Now the inventory is calculated as :

140 Post+ 300 post

= 440 post

Hence, the position of mangers inventory is 440 posts.

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Efficiency is a measure of Multiple Choice the appropriateness of the goals that managers have selected for the organization to pursue. how productively resources are used to achieve a goal. the degree of novelty of innovation in products or production. how easily managers can alter the way they perform their activities to respond to actions of their competitors. the speed with which a manager responds to an unforeseen event in the organization.

Answers

Efficiency is a measure of B. how productively resources are used to achieve a goal.

What is Efficiency?

Efficiency measures the ratio of economic output to the total input of resources.

Mathematically, efficiency can be expressed as r = P/C, where:

P = the amount of useful outputC = the cost of resources consumedR = Efficiency.

Thus, Efficiency is a measure of B. how productively resources are used to achieve a goal.

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What is the value of total (also called social or economic) surplus?

Answers

The values of economic surplus is computed by remove in the actual selling price from the market price and the price a consumer is willing to pay.

What is economic surplus?

Economic surplus occurs when both consumer and producers are both benefiting from surplus.

This period they are both happy and satisfied.

Therefore, It is computed by remove in the actual selling price from the market price and the price a consumer is willing to pay.

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If a firm has positive results from market testing, the next step will be the:

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If a firm has positive results from market testing, the next step will be the: Product launch.

What is market testing?

Market testing  is a marketing  strategy and can be defined as the way in which companies give out their product so as to receive feedback about the product or to know customer opinion about the product before producing  the product in large quantity.

Based on the given scenario the  next step if the company receive a positive feedback will be to launch the product.

Therefore the next step will be the: Product launch.

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the best alternative given up when we make a decision is called the ________ of that decision.

Answers

The best alternative given up when we make a decision is called the Opportunity Cost of that decision.

What is an Opportunity Cost?

Opportunity cost is the forgone alternative when a decision has to be made.

For instance, if a meal has to be skipped to afford the payment of a book, then the opportunity cost or foregone alternative is the meal. Therefore, the correct answer is opportunity cost.

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The extent to which an organization uses fixed costs in its cost structure is measured by: Select one: a. contribution leverage. b. fixed cost leverage. c. efficiency leverage. d. financial leverage. e. operating leverage.

Answers

The correct option is E. Operating leverage occurs when an organization has a fixed cost the percentage change in profits due to changes in sales volume is greater than the percentage change in sales.

What causes Operating Leverage?

When the organization has fixed costs the percentage change in profits due to changes in sales volume is greater than the percentage change in sales.

Thus, to extent of operating leverage, the organization uses fixed costs in its cost structure.

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Although the unemployment rate is the single best indicator of how well the labor market is working, we discussed in class that it is considered incomplete because it: does not count discouraged workers. does not measure how well people are matched to their jobs. counts part-time workers who would like to work full time as fully employed.

Answers

The unemployment rate is not considered to be a complete measure because it does not count discouraged workers.

How is the unemployment rate calculated?

The unemployment rate includes only people who are still actively searching for work and they have to be in the labor force.

People who have looked for jobs for a while and then got discouraged and given up, are not counted as unemployed which therefore depresses the unemployment rate.

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Trina sells dolls and accessories, and doesn't have much time to update her Search campaigns with her ever-changing inventory. How can Dynamic Search Ads help Trina

Answers

Trina will benefit from Dynamic Search Ads that can automatically generate keyword lists based on the content of websites.

What are dynamic search ads?Dynamic Search Advertisements leverage the content of your website to target your ads and can assist fill in the gaps of your keyword-based campaigns. They are ideal for advertisers with a well-developed website or a huge inventory. In order to keep your advertising relevant and save you time, Dynamic Search Ad headlines and landing pages are also generated using material from your website. You only need to include a unique description.

Therefore, Trina will benefit from dynamic search ads because they can automatically generate keyword lists based on the content of websites.

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You market many different types of insurance and ordinarily you spend time each evening calling potential clients. To comply with requirements for marketing medicare advantage and part d plans, what must you do about contacting potential clients to market those plans?.

Answers

You have to avoid calling potential clients unless they initiate contact with you and specifically request that you give them a call.

What is a health care plan?

A health care plan refers to a medical plan for the medical care of a particular patient which covers a part or whole risk of the medical expenses incurred such as Medicare.

In this scenario, we can reasonably infer that as a marketer, you should avoid calling potential clients to market those medical plans, unless they initiate contact with you and specifically request that you give them a call.

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Traditional management thinking treated human resource management primarily as a means to support a company's strategy. Traditional management thinking treated human resource management primarily as a means to support a company's strategy. false true

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As regards the statement on how traditional management treated human resource management, this statement is FALSE.

How did traditional management treat human resources?

Human resources was merely seen as a way to control labor and ensure they did not go out of bounds.

HRM was therefore not seen by traditional managers as a way to support the goals of the company, and its strategies.

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The given statement that says Traditional management thinking treated human resource management primarily as a means to support a company's strategy is true.

Traditional management thinking had a different approach toward human resource management. They considered the human resource of a company as mere factors of production.

As per traditional management thinking, the major focus was on the production and efficiency of the organization rather than the employees' well-being or job satisfaction.

They treated human resource management as a means to support the company's strategy. It was primarily concerned with recruiting and training employees to increase production and efficiency while keeping costs low.

The traditional management model viewed employees as easily replaceable and disposable, with little regard for their unique talents or individual needs.

This was seen as an effective way to run an organization, but over time it became clear that this approach was not sustainable or effective in the long term.

As a result, newer management models have emerged that place greater emphasis on employee engagement, motivation, and empowerment.

Hence, the right answer is true.

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Golda Rush quit her job as a manager for Home Depot to start her own hair dressing salon, Goldilocks. She gave up a salary of $40,000 per year, invested her savings of $30,000 (which was earning 5 percent interest) and borrowed $10,000 from a close friend, agreeing to pay 5 percent interest per year. In her first year, Golda spent $18,000 to rent a salon, hired a part-time assistant for $12,000 and incurred another $15,000 in expenses on equipment and hairdressing material. Based on this information, what is the amount of her explicit costs

Answers

The amount of her explicit costs is ​$45,500.

Which costs are explicit?

Out-of-pocket expenses are charges that are actually made. Explicit costs include salaries that a company pays to its staff and office rent. Implicit costs are less obvious but no less significant. They stand for the opportunity cost of utilising resources the company already owns.

What are some explicit cost examples?

Explicit costs have precise cash values that are carried over to the income statement. Wages, leasing payments, utilities, raw materials, and other direct costs are a few examples of explicit costs.

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If you are recording your own audio clips, what is the best advice about
including a joke in a clip?
A. Effective speakers rarely include jokes in presentations.
B. It can help increase audience members' interest.
C. Jokes are not appropriate in persuasive addresses.
D. Jokes are appropriate, but only if the topic is humor

Answers

Answer:

B

Explanation:

As long as the joke is good

the primary reason that governments tax economic activity is:

Answers

The primary reason why the government taxes economic activities is to generate revenue in order to pay for services rendered t the citizens.

What is Tax?

Tax is a mandatory financial charge or levy imposed on taxpayers by a governmental organization in order to generate revenue to fund government spending.

Taxes are imposed on economic activities primarily to generate revenue for the government and fund government spending. Thes taxes are used to build infrastructures and pay workers.

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Sutton is a partner of RST Partnership. RST distributed $3,000 cash and a building with an adjusted basis of $10,000 and a fair market value of $50,000 to Sutton. Before the distributions, Sutton's basis in the partnership was $90,000. What amount of these distributions is taxable to Sutton in the current year

Answers

Based on the basis of the distributions and Sutton's basis in the partnership, the amount of taxable distributions to Sutton is $0.

How much of the distributions can be taxed?

The distributions can only be taxed if they exceed Sutton's basis in the partnership of $90,000.

As neither the cash distribution nor the building, have enough to surpass Sutton's basis, the taxable distributions will be $0.

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