Answer:
C : debit to Service Charge Expense of $20
Explanation:
The complete journal entry used to record this transaction would be:
March 17, 202x, sales revenue
Dr Cash 980 (assuming the transaction is processed automatically)
Dr Service charge (or Credit card) expense 20
Cr Sales revenue 1,000
Since the credit card company is charging you a 2% commission ($20), we must consider it an expense. Remember that all expenses must be debited.
according to the law of demand consumer demand for a product will decrease if
Answer:
when prices rise the product demand will decrease.
What is earning interest on previously earned interest called?
Answer:
Compounding. Earning interest on previously earned interest plus the principal amount.
Explanation:
Earning interest on previously earned interest is called compounding. Thus, compounding is the correct term for this definition.
It refers to the process of reinvesting the accumulated interest back into the initial principal amount, allowing for exponential growth over time. With each compounding period, the interest is calculated not only on the original principal but also on the interest earned in previous periods.
This compounding effect leads to the gradual growth of the investment or savings. Compounding is a powerful concept in finance and can significantly enhance the growth of investments or savings over the long term. It is a key factor in various financial instruments such as savings accounts, bonds, and investment portfolios.
Thus, earning interest on previously earned interest is called compounding.
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Identify the term for unsold goods, raw materials, Or work-in-progress that a company has.
Answer:
Inventory
Explanation:
Inventory refers to
The finished products in the warehouse or store that is ready for sale. Raw materials used in the production of goodsGoods that in the production process, also known as work in progress.Inventory is held with the intention of selling. It is classified as current assets. Income realized from the sale of inventory is revenue to the business.
HELP PLSSS
Define what an "industry credential" is in relation to Career Technical Education.
•
Then explain
2 important reasons for acquiring industry credentials (also called technical certifications).
•
Your answer should include BOTH the definition and two reasons for acquiring them.
•
1. Definition of Industry Credential:
•
2. Two reasons for acquiring industry credentials or technical certifications:
Answer:
1. is a qualification or level of competence that is authorized by a relevant third party to the specific qualification. It's usually in written form.
2. a- Gain work experience of the candidate.(eg occupational credentials) hence increasing earning capability.
b- Gain knowledge and proffessional skills that amounts to increase in competency lvls.
Suppose the production of electricity by a utility generates pollution that harms others. Suppose also that Coase bargainingLOADING...can occur between the utility and the victims of pollution but that the utility has not been legally liable for the damages from its pollution. How would making the utility legally liable for the damages from its pollution affect pollution reduction? If the electric utility and the people suffering the effects of the utility's pollution can bargain, then making the utility legally liable for the damages from its pollution will
A. increase the amount of pollution reduction by decreasing the marginal cost of pollution reduction to the utility.
B. increase the amount of pollution reduction by increasing the marginal cost and increasing the marginal benefit of pollution reduction to the utility.
C. not change the amount of pollution reduction because the marginal benefit and marginal cost of pollution reduction will not change.
Answer:
B. increase the amount of pollution reduction by increasing the marginal cost and increasing the marginal benefit of pollution reduction to the utility.
Explanation:
The above is likely the answer due to the fact that, an increase of the marginal cost would likely lead to increasing the amount of pollution reduction all things being equal.
Do you believe the government should play a role in speeding up or slowing down the economy
Answer:
Yes I do believe they should because it is important to speed up economy's rate of growth
Reinvesting cash flow allows a firm produce additional products and generate additional sales.
O True
O False
3. Hunter is an intelligent businessman. He has a knack for recognizing a good deal. Hunter was very interested when his friend, Leo, was trying to sell his Xbox 360. Leo was only asking $75 for the console and two controllers. Although slightly used, everything worked and was in good condition. If Hunter closes the deal, according to the nature of exchange, what is the agreed value of the items?
a. They are worth $75 because Hunter paid that amount.
b. They are worth around $200, and Hunter got a great deal.
c. The exact price can’t be determined because it is relative. They are worth more than $75 for Hunter, but at the time, they were worth less than $75 for Leo.
d. Hunter and Leo can’t determine the worth of the used items because they didn’t compare the costs of the used items and new items.
e. The market determines the value of the items based on supply and demand, so it doesn’t matter what value Hunter or Leo gi
Answer:
a. They are worth $75 because Hunter paid that amount.
Explanation:
Remember, we are considering the value based on the agreed value made by both parties; which means that both Hunter and Leo didn't consider the market price of the game console, but held the view that; what was been exchanged had a value of $75.
So they are worth $75 because Hunter paid that amount they had agreed on.
Which of these is an example of an inelastic good?
A. Medicine
B. Jordans
C. Cell Phone
D. Big Zax Snack
Answer:
A. Medicine
Explanation:
Inelastic good is a product whose demand does not fluctuate with price changes. It means the demand for the good remains constant even if prices increase or decrease. The term inelastic symbolizes the demand for the good is static.
Medicine has an inelastic demand. Patients need medication regardless of prevailing prices. An increase or decrease in prices of medicines does not influence the demand. The term inelastic contrast elastic demand, which is the demand that varies with changes in prices.
Three entrepreneurs were looking to start a new brewpub near sacramento, california, called roseville brewing company (rbc). brewpubs provide two products to customers—food from the restaurant segment and freshly brewed beer from the beer production segment. both segments are typically in the same building, which allows customers to see the beer-brewing process.
Answer:
A lot of information is missing as well as the requirements, so I looked for similar questions.
The requirements are:
a. What is the break-even point in sales dollars for RBC?
b. What is the margin of safety for RBC?
c. What sales dollars would be required to achieve an operating profit of $250.000? $490.000?
a) break even point = total fixed costs / contribution margin
total fixed costs = $1,125,430contribution margin = $1,427,642 / $1,953,000 = 73%break even point = $1,124,430 / 73% = $1,540,315
b) margin of safety = current sales - break even point = $1,953,000 - $1,540,315 = $412,685
c) operating profit = $250,000 ⇒ ($1,125,430 + $250,000) / 73% = $1,884,150.69
operating profit = $490,000 ⇒ ($1,125,430 + $490,000) / 73% = $2,212,917.81
Type the correct answer in the box. Spell all words correctly. Which type of economy does Sweden have? Many companies in Sweden are in the private sector, while the government regulates business and provides security to citizens through its extensive welfare system. This is a(n) economy.
Answer:
mixed economy
Explanation:
Sweden is generally defined as a social democracy, or democratic socialist country. Most European countries fit into the category of social democracies, and some even include Canada into that list. They are countries that support and respect private business and property, but at the same time their economies are highly regulated by the government. They also provide an extensive social safety net and many services are public specially health care and education. If you studied Marx, they reached the superior stage of capitalism. Although they are not fools, since they reject communism.
Which description is the best example of physical capital?
A. A doctor with expertise in medicine
B. A miner with experience digging for coal
C. A machine that tests new car engines
D. A new law regulating trade in a country
Answer:
C. A machine that tests new car engines
Explanation:
it's man-made
The correct option is C. A machine that tests new car engines is the best example of physical capital.
Assets that a company owns and uses, including buildings, machines, and cars, are referred to as physical capital.
What are physical capital and its types?Physical capital refers to the range of inputs needed at each step of manufacturing. There are two forms of physical capital: working capital and fixed capital. Fixed capital includes a variety of tools and machines. The cash on hand to cover your immediate, short-term requirements is known as working capital.
Physical capital is made up of physical, man-made items that businesses invest in or purchase and employ to manufacture things. Physical capital assets that are reusable and not consumed during production, such as manufacturing equipment, also fall under the category of fixed capital.
Thus, The right answer is C. The best illustration of physical capital is a machine used to test new automobile engines.
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West Corp. issued 20-year bonds two years ago at a coupon rate of 8.6 percent. The bonds make semiannual payments. If these bonds currently sell for 107 percent of par value, what is the YTM? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answer:
shshdhhdhdhdhdhhd
Explanation:
shshhsshd
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE
Owen wants to start a tutoring business. He has a space rented and a lot of ideas, but he has no employees who can tutor the students. Which category of economic resource does he require?
labor
entrepreneurial ability
land
Answer:
entrepreneurial ability
Sorry, no one answered your question sooner, hope that helps.
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CAN SOMEONE PLS HELP ME!!
Aspirin is one of the most widely used drugs in the world. Although many companies make and sell aspirin, all aspirin is pretty much the same. Because aspirin is a drug, the government has some control over companies that make it.
Is this an example of perfect competition? Why or why not?
Answer:
Yes
Explanation:
Because multiple companies are fighting over who will buy theirs even thought there all the same plz mark me Bg brain
It is an example of perfect competition because the many companies are the involved they make and sell aspirin.
What is perfect competition?The competition of the market type is the perfect competition. Because there is less competition in the market, consumers have more options for products from various brands. The result is ultimately more competitive pricing and brings a cheaper product to the consumer.
The market is the based of the consumer demand and preferences. The perfect competition was the based of the so many brands are to exist in the market. The price are the increased the consumer are the shift to another goods and services. The example of the aspirin is drug in the world are the sell and make aspirin, the companies are the fighting to the sale in the market.
As a result, the example of the perfect competition.
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what is the definition of inventory stock
Answer:
they are goods and materials that a business holds for the ultimate goal of resale or repair
When Heidi Ganahl first started out with Camp Bow Wow, she spent a lot of time "micromanaging" things, but as time went by, she spent more of her focus on which aspect of management functions?
Organizing
Establishing goals and objectives
Directing
Strategic planning
Controlling
Answer: Strategic planning
Explanation:
Strategic planning is when an organization sets its priorities, and also strengthens its operations so that organizational goals and objectives can be achieved.
Heidi Ganahl, who's the CEO of Camp Bow Wow, said that as the company was growing, she utilized strategic planning by making strategic decisions and planning in order to achieve organizational aims.
Lack of economic growth is a major problem for ____ economic systems
Answer:
traditional
Explanation:
What are two types of strategies businesses use to directly influence the environment?
A. Social media rebranding
B. Lobbyists and flames
C. Formal organizational structure and informal organization
D. Social media and strategic financing
Answer:
D. Social media and strategic financing
Explanation:
The two types of strategies businesses that directly impact the environment is social media and strategic financing
As social media is used for the promotion of the company goods and services. It creates an awareness among the public at large
While on the other hand, the strategic financing refers to the long term planning i.e. where the company wants to be in near future
Therefore as per the given situation, the option D is correct
i did it Answer:
Explanation:
How do large companies exercises control over producers
Answer:
By controlling the market the producer has access to. And competing for lower costs.
Explanation:
____ are specialized accountants who look for evidence of improper accounting methods.
A. Public accountants
B. Government accountants
C. Fraudulent accountants
D. Forensic accountants
Answer:
i think that the answer is C
Explanation:
Answer:
Forensic accountants
Explanation:
just trust me on this man
In the month of November, Cullumber Company Inc. wrote checks in the amount of $10,230. In December, checks in the amount of $11,815 were written. In November, $8,240 of these checks were presented to the bank for payment, and $10,655 in December. There were no outstanding checks at the beginning of November. What is the amount of outstanding checks at the end of November? At the end of December? November December The amount of outstanding checks $enter a dollar amount $enter a dollar amount
Answer and Explanation:
The computation of the outstanding checks is shown below:
For the November end
= Checks - presented in the bank
= $10,230 - $8,240
= $1,990
For the December end
= Checks - presented in the bank + presented in th bank - checks
= $10,230 - $8,240 + $11,815 - $10,655
= $3,150
We simply applied the above formula
Scott and Mary have accepted a three-year international relocation for work. Both are still paid in U.S. dollars, and their paychecks are automatically deposited to a U.S. Bank. When they need cash, they use local ATMs that allow them to withdraw funds from their U.S. bank, but the ATM gives them the equivalent in local currency. Which type of system does the U.S. Bank use to transfer money almost instantly, and in the currency needed by the user?
Answer:
The answer is "Electronic Funds Transfer".
Explanation:
It is a financial exchange electronically, which is also known as direct deposit salary services with ATM, which Cash subsidies among buyer marketing authorization, which implies digitally moving funds from one bank to the next. It's accomplices through the exchange of paper currency or certificates. The bank account is among the most popular applications of EFT.
QUESTION
Bill was discharged from his job. He believes he was wrongfully discharged and is
entitled to compensation for being wrongly let go. Bill's employment contract states
that rather than suing for damages, he and his employer must use an alternate method .
to settle their differences-one in which a third party hears both sides and makes a
binding decision.
Given this scenario, which of the following best describes the alternate method
specified in Bill's employment contract?
Answer:
Employment dispute resolution.
Explanation:
Based on the given scenario of Bob being fired wrongfully from his job and is entitled to compensation and his contract expressly days that instead of suing for damages, he must involve a third party who would listen to both sides and make a binding decision.
The best description of the alternate method is Employment dispute resolution.
A type of investment that gives a person a share of ownership in a company
is a
A. savings account
O B. bond
O c. stock
O D. hedge fund
A type of investment that gives a person a share of ownership in a company is a stock. Thus, option (c) is correct.
What is a stock?A stock is a type of investment that gives a person a share of ownership in a company. When a person buys a stock, they become a partial owner of the company and are entitled to a portion of the company's profits.
Stocks are traded on the stock market, and their prices can fluctuate depending on a variety of factors, such as the company's performance, investor sentiment, and overall market conditions. Stocks are important because they provide investors with the potential to earn returns on their investments, and they provide companies with capital to fund their operations and growth.
Therefore, it can be concluded that a type of investment that gives a person a share of ownership in a company is a stock. Hence, option (c) is correct.
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Reread the Country Focus "Moving U.S. White-Collar Jobs Offshore." Who benefits from the outsourcing of skilled white-collar jobs to developing nations? Who are the losers? Will developed nations like the United States suffer from the loss of high-skilled and high-paying jobs? Is there a difference between the transference of high-paying white-collar jobs, such as computer programming and accounting, to developing nations, and low-paying blue-collar jobs? If so, what is the difference, and should government do anything to stop the flow of white-collar jobs out Hill, Charles W. L.,Hill, Charles W. L.. Global Business Today (Kindle Locations 6646-6650). McGraw-Hill Higher Education. Kindle Edition.
Answer:
Traditionally, economists and politicians all have argued that globalization led to outsourcing blue collar jobs or manufacturing jobs. But high skilled jobs, were still being carried out in the US, which meant that the good salaries and the highly trained employees remained.
In the recent years this assumption is falling apart. Many high skilled jobs, specially in the technology sector, have been outsourced to poor countries, specially India. The reasons why this happens are basically 3:
The demand for highly trained employees increased and exceeds the supply (which is not bad).Formerly, highly trained employees from developing nations could enter the US labor force more easily. Changes in immigration laws have made it harder for high skilled immigrants to be able to work in the US (politicians are to blame). Corporations make a larger profit by hiring high skilled labor from poor countries, e.g. a n Indian engineer earns 20 times less than an American engineer (corporate greed is the culprit).The US and other developed countries can really hurt from the outsourcing of highly skilled workers. It is simply unrealistic to believe that just because an engineer is American, he/she will be better than someone from other place. There is no biologic or cultural basis for believing that, all you need to do is look at where Steve Jobs, Elon Musk, Serguei Brin, Sundar Pichai and many others were born.
The basic reason why America became the world's most powerful country is that immigrants that searched for a better life were able to develop and carry out ideas here. Many of these immigrants would have never been able to do something great if they hadn't come to America. E.g. Apple wouldn't exist if Steve Jobs had remained in Syria, Google, Tesla wouldn't either: if you go back 60 years in time, FB wouldn't exist if Mark Zuckerberg's had gone somewhere else. The list goes on and on, and many American corporations were formed by immigrants.
America grew because it attracted talent, but now it is repelling it. When corporations hire foreign talent they are not just saving money, they are killing American jobs that are not easily replaceable. It is not the same to fire someone that flips hamburgers, than to fire someone that develops software.
The government should stop this, since it is fairly simple to do it. Many developed countries like Canada or Australia base their immigration policies on merit and qualifications. If a person is highly trained and is able to perform specialized jobs, then they are allowed to immigrate. If they are not highly skilled, then, bye bye. E.g. there are millions of highly trained people from Latin-america and Asia that could serve the US economy and help it grow. Instead there are millions of very low skilled immigrant workers that add very little to the US economy. The government can also impose a special tax on highly skilled outsourced jobs. That tax would be legal, unlike import tariffs that violate the rules of the WTO.
21. Which of the following goods has elastic demand?
a. Tobacco
b. Table salt
c. diet coke
d. toothpaste
Answer:
tobacco
Explanation:
how has smartphones product changed the way business is conducted? What business innovations have occurred as a result of this product being offered?
answer amd explanation: i think smartphones are a distraction.
Which of the following is a benefit of determining your personal vision:
a. A personal vision can help you discover your purpose in life.
b. A personal vision guarantees that you will achieve your dreams.
c. A personal vision finalizes every aspect of your career path.
d. A personal vision allows you to work less and accomplish more.
Answer: the difference between two numbers can be obtained by subtracting the smaller number from the bigger number.
• Here, - 0.4 is the smaller number, and 44.4 is the larger number.
• Therefore, the difference between the two is 44.4 - (- 0.4).
• Now, in mathematics, - and - makes a +.
This implies that, 44.4 - (- 0.4) = 44.4 + 0.4 = 44.8
∴ The required difference is 44.8.
Explanation: follow meif you want to help more
Can debit collectors call you anytime and what hours are they able to call you on the phone ? please help :) i’ll give brainlest
No, they can't
They can't call you before 8 am
and they also can't call you after 9 pm
