Answer:
A sales.
Explanation:
The uniform commercial code (UCC) is a set of standardized business laws which are put in place for the regulation of financial contracts and commercial transactions used across different states in the United States of America.
In this scenario, Mining Corporation purchases the business assets of Open Pit Inc., including its equipment and supplies, for an agreed-to price, payable in installments. Under the UCC, this transaction is a sales.
An insurance premium is:
O A. an estimate of the amount of money a person can save on
insurance.
B. a limit on the amount of insurance money a person can claim.
C. a discounted rate an insured person gets to pay for a service.
O D. a monthly payment that ensures insurance coverage for a person.
An insurance premium is a monthly payment that ensures insurance coverage for a person. Hence, option D is appropriate.
What is the meaning of Insurance?Insurance is a tool for risk management. You purchase protection against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurance company pays you or someone else of your choosing. If you don't have insurance and an accident occurs, you can be liable for all expenses.
Next, we look more closely at the three most significant categories of insurance: life, liability, and property. Insurance is a financial product offered by insurance firms to protect you and/or your possessions from the possibility of theft, loss, or damage.
Anyone wishing to safeguard their family, possessions, and self from financial danger or losses will benefit from insurance plans: Insurance plans will assist you in covering the costs of unexpected medical expenses, hospitalization, contracting illnesses, and treatment.
Hence, option D is correct.
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sold goods costing $1000 on credit at 25% profit. Show it in accounting equation form
Answer:
see below
Explanation:
The accounting equation is represented as Assets = Equity + Liabilities
From this transaction,
Stocks(assets) decrease by $1000
Debtors(asset) increase by $1000
Profits(capital) increase by $250 ( 25% of $1000)
Assets = Liabilities + Capital
stocks debtors revenue/gains
- $1000 + $1000 + $250
The adjusted trial balance of Indigo Corporation at December 31, 2017, includes the following accounts: Retained Earnings $16,651, Dividends $6,759, Service Revenue $35,644, Salaries and Wages Expense $13,785, Insurance Expense $1,799, Rent Expense $3,872, Supplies Expense $1,413, and Depreciation Expense $804.
Prepare an income statement for the year.
Answer:
$13,971
Explanation:
An income statement indicates the profit or loss a business makes in the financial period. Profits or loss is realized by subtracting expenses from revenue.
The revenue for Indigo Corporation is $35,644,
Expenses
Salaries and Wages Expense $13,785
Insurance Expense $1,799
Rent Expense $3,872
Supplies Expense $1,413
Depreciation Expense $804
Total expenses $21,673
Income will be
=$35,644 - $21,673
= $13,971
Retained Earnings and Dividends are part of company profits. They are not business income or expenses.
When shopping for life insurance, the best strategy is to:
a.
Follow your agent’s recommendations. They are the experts and it is the agent's job to make sure you get the products that are right for you.
b.
Buy your coverage through your employer, if possible.
c.
Figure out how much you need, then comparison shop using the Web and other resources.
d.
Wait until you are older so that you can buy a cheaper, shorter term policy.
Answer:
c.
Figure out how much you need, then comparison shop using the Web and other resources.
Explanation:
I took the test
Answer:
C
Explanation:
Which of the following is an example of receiving information
Answer:
Receive is defined as to take, accept, experience or welcome. An example of receive is getting a letter in the mail. An example of receive is someone being given a gift. An example of receive is someone hearing bad news.
Explanation:
ways VKW might be affected by increased import controls
Answer:
The government's trade policy can affect your business by making it easier or more ... Trade policy can include the imposition of import tariffs, quotas on imports ... This can be helpful to some businesses, but can also lead to increased ... Tax regulations can become very complex, causing you to hire a specialist tax adviser.
Explanation:
Expansionary fiscal policy is used by the government to A. control inflation. B. reduce the national debt. C. create new jobs in the economy. D. reduce the budget deficit.
Answer:
Option C: Create new jobs in the economy
Explanation:
Fiscal policy is a federal government ability to keep the economy stable through highing or lowering taxes or government spending.
Expansionary Fiscal Policy is simply described as the higher rate in purchases by government, lower rate in net taxes that is targeted soas to bring about higher aggregate demand enough to lower unemployment back to equilibrium. Government aim to reduce unemployment by providing more jobs for the people.
Expansionary fiscal policy aim to decrease unemployment byincreasing government spending and/or lowering taxes.
Three-month European put options with strike prices of $50, $55, and $60 cost $2, $4, and $7, respectively. What is the maximum gain when a butterfly spread is created from these put options?
Answer:
hiii...myself tanvi new on brainly...can get some help from you plz....to know the people
According to the video, what are some tasks performed by Tellers? Check all that apply.
O reviewing insurance applications
O cashing checks
O analyzing investment opportunities
O judging risk based on statistics
O accepting payments for a customer's bills
O dealing with foreign currencies
Answer:
Cashing checks, receiving checks/ paying out money, entering transactions on computers
Explanation:
According to O*NET, what are some common tasks performed by Tellers? Check all that apply.
Answer:
2, 5, 6
Explanation:
Hope this helps!
Jesse sold his home for $187,999. During the sale process, Jesse paid his broker a commission of 6% of the sale price, $1,500 in marketing for the home, and $5,000 in other closing costs. How much did Jesse realize from the sale of his home, rounded to the nearest dollar
Suppose the frozen pizza market is in equilibrium. A recession causes local household incomes to decline. Assuming that frozen pizza is an inferior good, we can predict that the price of frozen pizza will _____ and the quantity of frozen pizza bought and sold will _____.
Answer:
increase
increase
Explanation:
Inferior goods are goods whose demand falls when income rises and increases when income falls.
If frozen pizza is an inferior good, a decrease in income will increase the demand for frozen pizza. this would lead to an increase in price and quantity
Which tax is specifically charged on real estate?
Kimberly wants to sell her house. However, the buyer is unwilling to buy the house, saying that the _____ tax levied on the house is taking the price of the house over his budget.
Answer:
Property tax assessment
Explanation:
Under construction propertiesare taxed at 12%
From my according
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mom ??????????????????????
Answer:
Go back to bed sweetie, here some fruit snacks now go to sleep.There are no monsters under your bed honey.
Explanation:
Have a great day.
The firm uses the periodic system and there are 20 units of the commodity on hand at the end of the year. What is the amount of the inventory at the end of the year according to the average cost method?
Answer: a. $1,380
Explanation:
Using average cost method, the price of all inventory is the same and this cost is calculated by dividing the total cost of the inventory by the total units.
= (5 * 61) + (15 * 63) + (10 * 74) + (10 * 77)
= 305 + 945 + 740 + 770
= $2,760
Average cost = 2,760/ (5 + 15 + 10 + 10)
= $69 per unit
Total units for the year = 5 + 15 + 10 + 10 = 40 units
Total units on hand = 20 units
Total sold = 40 - 20 units
Cost of goods sold = 20 * 69
= $1,380
How does the availability of economic resources in conjunction with the law of diminishing returns affect an entrepreneur's decisions?
Answer: A
Explanation:
According to the law of diminishing returns, the increase in output that results from adding a production factor is smaller. The law of diminishing returns aids the business in determining the ideal amount of output in production. This is so that the producer can determine whether or not the output has reached its maximum potential.
Why is the law of diminishing returns important?Because economists anticipate that a firm's short-run marginal cost curves would slope upward as the number of output units rises, the law of diminishing returns is significant because it forms part of the theoretical framework.
According to the economic theory known as the law of diminishing returns, as an investment in a certain area rises, the rate of profit from that investment can no longer rise if other factors remain constant after a certain point.
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A ___ liability company is a business structure that gives its owners the benefits of two types of business structures.
_____ partnership is a basic form of partnership that holds all the owners equally liable for any business debts that it might face.
Answer:
A limited liability companyA general partnershipExplanation:
A limited liability company LLC blends the features of a corporation and a sole proprietorship. An LLC requires a minimum of a person to form and has no upper limit.
Members of the limited liability enjoy the limited liability feature of a corporation. It means their obligations to the company's debts is limited to the level of capital contribution. If the company is liquidated, members will only lose their capital contribution. A limited liability company 'passes' its income as the income of members. The LLC does not have to file income tax returns just like a sole proprietorship business. Only owners of LLC are expected to file individual income tax returns.
A general partnership is a business structure made up of two or more partners. A general partnership is unincorporated, meaning the owners have unlimited liabilities to the debts of the business. Legally, the debts and assets of the general partnership belong to the partners.
Which type of interest is charged on both the original amount borrowed and
the interest that has already accumulated?
A. Corporate interest
B. Bankruptcy interest
C. Simple interest
D. Compound interest
Answer: compound interest broski
What principle of value states that if the increase in the value of the real estate is more than the cost to renovate, the sellers would financially benefit by doing the renovation?
Answer: Principle of contribution
Explanation:
The principle of value states that if the increase in the value of the real estate is more than the cost to renovate, the sellers would financially benefit by doing the renovation is referred to as the principle of contribution.
According to the principle of contribution, the worth of an improvement of a property has to do with its addition or contribution the the property's market value and not the cost of the improvement done.
Harriet is running a company that produces shoes. She had employed 100 workers in her factory and had the output of 300 shoes per week.
With 200 employees the output was 600 shoes per week. She then Increased the number of employees to 300. She found that the output only
Increased to 700. Which operational phenomena has Harriet observed here?
A.
economies of scale
OB.
law of diminishing returns
C. law of cost-price increase
D.
depreciation principle
E.
fluctuation correction
Answer:
B
Explanation:
It demonstrates law of diminishing returns. The law of diminishing marginal returns states that adding an additional factor of production results in smaller increases in output.
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Which of the following statements is FALSE? Consider the case of a new firm that is identical to an existing publicly traded company. If these firms will generate identical cash flows, the Law of One Price implies that we can use the value of the existing company to determine the value of the new firm. A valuation multiple is a ratio of some measure of a firm's scale to the value of the firm. In the method of comparables, we estimate the value of a firm based on the value of other, comparable firms or investments that we expect will generate very similar cash flows in the future. Even two firms in the same industry selling the same types of products, while similar in many respects, are likely to be of different size or scale.
Answer: A valuation multiple is a ratio of some measure of a firm's scale to the value of the firm.
Explanation:
The Law of One Price does indeed allow for the determination of the value of the new firm using the value of the existing firm as they are identical. The value of a firm is also estimated based on the value of comparable ones.
It is also true that companies can be similar in many respects but still be different in size and scale.
Valuation multiples however, are not ratios of some measure of a firm's scale to the value of the firm but ratios of financial metrics in the company that can be used for analysis and comparison.
Casey buys 6.5 yards of blue fabric and 5.5 yards of red fabric. If the blue and red fabric cost the same amount per yard, and Casey pays $60 for all of the fabric, what is the cost per yard
Answer:
the cost per yard is $5
Explanation:
The computation of the cost per yard is as follows;
= Total cost for all of the fabric ÷ total number of yards
= ($60) ÷ (6.5 yards + 5.5 yards)
= $60 ÷ 12 yards
= $5 per yard
hence, the cost per yard is $5
We simply divided by the Total cost for all of the fabric from the total number of yards so that the cost per yard could come
Hence, the same is to be relevant
Which of the following retirement accounts would traditionally be offered by an employer instead of a traditional pension plan?
- 403(b)
- Traditional IRA
- Roth IRA
- 401(k)
Answer:
Which of the following retirement accounts would traditionally be offered by an employer instead of a traditional pension plan? ... A Roth IRA is beneficial because your withdrawals are tax-free.
Explanation:
Which of the following retirement accounts would traditionally be offered by an employer instead of a traditional pension plan? ... A Roth IRA is beneficial because your withdrawals are tax-free.
Answer:
C. Roth IRA
Explanation:
What happens if you only make the minimum payment on your credit card statement?
Offering only the minimum payment keeps you in debt longer and racks up interest charges. It can also put your credit score at risk.
You purchased 100 shares of stock for $78 per share. You sold the stock four years later for $92 per share. What is your gain after the sale of the investment?
Answer:
$1,400
Explanation:
The gain after the sale of the investment is the excess of the total selling amount over the cost of acquiring the shares initially.
Cost of initial acquisition=100*$78=$7800
Proceeds from shares disposal=100*$92=$9200
The gain after the sale of the investment=$9,200-$7,800
The gain after the sale of the investment=$1,400
when must interest and principal payments on a Stafford Student Loan begin
Answer:
The interpretation of the issue is listed throughout the clarification section below.
Explanation:
As usual and when you get a subsidized mortgage, the economy amount to accrue, but perhaps the government will pay everything on someone's account. This seems to be the case for other education loans, individuals aren't encouraged to make additional cash receipts and cash contributions while being in education or even for 6 months after taking university or education center.
what does white space mean in terms of advertising?
A. Space within the advertising region that is text only
B. Space within the advertising region that is filled
C. Space within the advertising region that is colorful
D. Space within the advertising region that is left unmarked and unfilled
Answer:
D. Space within the advertising region that is left unmarked and unfilled
Explanation:
Hope this helps!!
The meaning of the word white space in advertising refers to Space within the advertising region that is left unmarked and unfilled. Thus, option (D) is correct.
What is Advertising?Advertising is a marketing strategy that involves paying for advertising space to sell a product, service, or movement. Marketing messages, or ads for short, are the real commercial messaging.
Advertising's purpose is to contact those who are most likely to be ready to pay for a company's goods or services and convince them to purchase them.
White space in a design is empty space or negative space that occurs surrounding all text in a design layout used in advertising. The space may seem to be empty, yet it is most likely the most crucial aspect of how the design seems to the human eye.
Therefore, it can be concluded that option (D) is correct.
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Li works at a multinational company in New York. His wife has recently been diagnosed with an illness that might keep her bedridden for at least a month. Li will have to stay home to look after her. Which act provides Li with the ability to apply for leave at his company?
Answer:
The Family and Medical Leave Act
Explanation:
The family and medical leave act grants eligible employees of covered companies the right to unpaid and job-protected leave for medical reasons. The law requires qualifying employers to allow eligible employees to take unpaid leave to attend to serious family health matters. This law permits eligible or qualifying employees to take up to 12 weeks leave for reasons such as childbirth and a serious personal or family sickness.
write in brief about training
Answer:
Training is teaching, or developing in oneself or others, any skills and knowledge or fitness that relate to specific useful competencies. Training has specific goals of improving one's capability, capacity, productivity and performance.
Explanation:
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URGENT!!!
What are the share of earnings that a business owner pays for the right to be part of a certain business called?
fringe benefits
proprietor’s rights
royalties
special rights fees
Answer:
royalties
Explanation:
Q. Keeping in mind the rural area to be targeted, being a marketing manager of xyz Co. Which proactive marketing would you use to serve the target audience? Justify
Answer: Use of Radio, Television, Billboards, magazine and newspaper
Explanation:
Proactive marketing marketing or advertising is advertising in areas or location that your product or service in the places where people are not already looking or asking. Example of proactive marketing strategies to use are Television, magazine, radio commercials, billboards. Radio, Television and billboards will travel faster, because they can see the billboards and Television, also majority use radio