Answer:
Asset; expense.
Explanation:
When rent is paid in advance for 2 years, it is appropriately recorded as an asset because it adds value, whereas when rent is paid and used during one month, it is appropriately recorded as an expense because it has been spent.
An asset can be defined as an resources owned and controlled by an individual or organization, which is capable of providing future economic benefits or has the potential to produce positive economic value. Assets can be used to generate revenue in the future or even in its present state depending on the choice of the owner.
On the other hand, an expense is a term used to describe money spent or cost incurred by an individual or organization.
Why would variables like the job market or financial planning influence a person’s career choice?
Answer:
Job market and financial are main important factors that influence career choices of a person. There are another several factors that influences such as distance, environment, social and psychological life etc.
Explanation:
When a person start his carrier, he thinks about several factors that effects their carrier choices. There are different factors such as job description, , the skills that essentially required, salary, etc. But there are also another factor that affect the career choice of a person.
These factors are as:
Different roles in lifeWhat is personality of a person and their interest areaIn which field, an individual have an experience.What is their cultural backgroundThe environment of the organization. The economic and social life of the person.What is expectation of salaryThese are the factors that are important to influence the career plan of a person. If a person criteria do not match his expectation related salary, then it will influences their career choices. The distance from home does matter for career choices.
Answer:
The job market and finances are the two most essential aspects that impact a person's career choices. Other aspects that have an impact include distance, environment, social and psychological life, and so on.
Explanation:
Correct on both edge, and edmentum
Patricia is single and her son Quinn is age 11. If her AGI is $207,000, what amount of child tax credit can she claim?
Answer:
$1,650
Explanation:
The general amount of child tax credit = $2,000 where the child is below 17 years of age in case of single parent.
Here, Quinn is of 11 years and thus, fill this condition appropriately.
Further if the Adjusted Gross Income AGI is more than $200,000 then the amount shall be reduced by 5% of income more than $200,000
Therefore, child tax credit = $2000 - (5% of $207,000 - $200,000)
= $2000 - (5% of $7,000)
= $2,000 - $350 = $1,650
How did Coca-Cola materialize into an American value? How did this help and hurt Coca-Cola? (and, in some ways, America itself?)
Answer: Brilliant marketing and commercials
Explanation:
One of the top advantage any firm or organization is the ability for it to be consistent with it's advertisement and marketing policy in a creative manner and to deliver when people purchase it's products. This is how Coca cola became famous within the American industry, it grew by virtue of it's brilliance in marketing, excellent and always creative commercials. These all helped pushed Coca cola into wider region of the American market and into the world.
Comparing the percentage of applicants hired from different subgroups to determine if they are significantly different from each other is an example of a
Complete Question:
Comparing the percentage of men, women, or minorities employed in a job category with their availability in the relevant population of qualified people interested in the position is an example of a ________.
Group of answer choices
A) bona fide occupational qualification
B) concentration statistic
C) flow statistic
D) stock statistic
Answer:
C) Flow statistic.
Explanation:
A flow statistic can be defined as a statistical tool used to measure a sample at intervals, over a specific period of time.
Comparing the percentage of applicants hired from different subgroups to determine if they are significantly different from each other is an example of a flow statistic. A flow statistic involves the accumulation of data about a defined population within a reference period.
"A new client with no other investment assets has just come into an inheritance of $500,000 of ABCD stock, a blue chip company listed on the NYSE. As the adviser to this customer, your IMMEDIATE concern should be:"
Answer:
lack of diversification in the client's account
Explanation:
As a brokerage firm, your immediate concern in this situation should be the lack of diversification in the client's account. This is an incredibly large amount of money and the client has 100% of it invested in a single stock. Seeing since it is a blue-chip company, chances of it being delisted or its price falling sharply are very low but still possible. Still having all your money in a single asset is extremely risky, and every client should be diversified in many assets in order to reduce the portfolio's overall risk.
Environmental complexity refers to the extent to which managers can understand or predict which environmental changes and trends will affect their businesses. Group of answer choices
Answer: False
Explanation: The complexity of a business environment can be explained as the relationship or correlation between the different variables which exists in a business environment. The interdependence or connection between these variables constitutes the degree of complexity of these variables which in most cases are of utmost importance to businesses as the understanding of these complex connections will enable businesses to come up with schemes, policies and models capable of thriving and aiding business growth.
Hence, the extent to which managers can predict environmental changes does not mean environmental complexity.
Marigold Corp. sells its product for $80 per unit. During 2019, it produced 60000 units and sold 50000 units (there was no beginning inventory). Costs per unit are: direct materials $20, direct labor $12, and variable overhead $1. Fixed costs are: $720000 manufacturing overhead, and $90000 selling and administrative expenses. The per unit manufacturing cost under variable costing is:_____.a. $32. b. $33. c. $47. d. $45.
Answer:
Unitary production cost= $33
Explanation:
Giving the following information:
Costs per unit are:
direct materials $20
direct labor $12
variable overhead $1
The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).
Unitary production cost= 20 + 12 + 1
Unitary production cost= $33
A registered person's FINRA registration has become inactive because her firm is no longer in business. Unless she becomes employed by another member firm, she will be required to requalify by examination after:
Complete Question:
A registered person's FINRA registration has become inactive because her firm is no longer in business. Unless she becomes employed by another member firm, she will be required to requalify by examination after:
Group of answer choices
A. 30 days
B. One year
C. Two years
D. Three years
Answer:
C. Two years.
Explanation:
In this scenario, a registered person's Financial Industry Regulatory Authority (FINRA) registration has become inactive because her firm is no longer in business. Unless she becomes employed by another member firm, she will be required to requalify by examination after two (2) years.
Generally, if a broker's license is inactive, he or she can avoid taking another examination by getting employed with another registered member firm within two (2) years.
Additionally, FINRA is a non-profit agency in the United States of America, it is saddled with the responsibility of handling the licensing and regulation of broker-dealers in securities.
An investment adviser representative of a Federal Covered adviser with no office in the state only has non-institutional clients. Where must the investment adviser representative register
Complete Question:
An investment adviser representative of a Federal Covered adviser with no office in the state only has non-institutional clients. Where must the investment adviser representative register?
Group of answer choices
A. SEC
B. State
C. Both the SEC and the State
D. Neither the SEC nor the State
Answer:
B. State.
Explanation:
In this scenario, an investment adviser representative of a Federal Covered adviser with no office in the state only has non-institutional clients. The investment adviser representative must register with the state.
A representative of a Federal Covered adviser is only required to register with the state in which he or she is operating.
However, for the investment adviser, they're expected or required by law to register with the Securities and Exchange Commission (SEC) since they're having no office in the state.
Chavin Company had the following results during August: net operating income, $350,000; turnover, 2; and return on investment (ROI) 24%. Chavin Company's average operating assets were:
Answer:
$1,458,333.33
Explanation:
Chavin company has a net operating income of $350,000
The turnover is 2
The return on investment is 24%
= 24/100
= 0.24
Therefore, the average operating assets can be calculated as follows
ROI= Net operating income/Average assets
0.24= $350,000/average assets
Average assets= $350,000/0.24
= $1,458,333.33
Hence the Chavin's company average operating assets were $1,458,333.33
Wassup Mrs. Lorenzo?
How is your day going? Mine is going great. I am sitting here in art class and am supposed to be working on a project, but I don't really want to. In fact, I don't really want to be in school. I hate school. My mom makes me go because she says classes like English are "important.” I'm all like "whatevs mom.” English is stoopid. Video games are where it’s at.
Anyway, I was looking online
and it looks like you messed up my grade. You need to change it back immediately or I will get in trouble. Can you explain this. Take care of this asap. Please and thx
can one of y’all help
me rewrite this
Answer:
Explanation:
before I write it, I don't really know how formal you want this to be....but here's a formal one?
Dear Mrs Lorenzo,
I hope you're having a great day. I am currently in Art class and I should be working on a project, but I don't really want to. In fact, I don't really want to be in school because I don't enjoy it at all. My mother makes me go because classes such as English are "important", but I don't really agree. I don't see the point of English. I would much rather be playing video games.
I was looking online, and i realised that there seems to be an error with my grade. Could you please explain what has happened and correct it? Thank you very much.
Yours sincerely,
whatever your name is
I'm guessing that would be formal enough if it was a school teacher, but I'm surprised you're putting all of this "i hate school" stuff in a letter to your teacher? But hey, if only I could be that frank with my teachers lol
Hope this helped - stay strong through school lol it'll be over one day
Answer:
Explanation:
Dear Mrs Lorenzo,
I hope this letter finds you well. I am currently in Art class and I should be working on a project, but I don't really want to. In fact, I don't really want to be in school because I don't enjoy it at all. My mother makes me go because classes such as English are "important", but I don't really agree. I don't see the point of English. I would much rather be playing video games.
I was looking online, and i realised that there seems to be an error with my grade. Could you please explain what has happened and correct it? Thank you very much.
P.S your my favorite teacher dont tell the others
You want to have $47,000 in your savings account 9 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 7.1 percent interest, what amount must you deposit each year?
Answer:
Amount to be deposited each year = $3,907.58
Explanation:
The equal annual deposit can be worked out using the future value of an ordinary annuity formula. An an annuity is a series of equal cash flows receivable for certain number years.
Future Value of an ordinary annuity (FVOA). The represents the total sum of that would accrue where a series of annual cash flow (each occurring at the end of the year) is compounded at a particular rate. It can be determined as:
A=FV ÷( (1+r)^n - 1)/r).
FV- Future value
A- annual cash flow
R- rate of interest
n-number of years
The first cash flow does earn interest in the first year because it occurs at the end of the year
( (1+r)^n - 1)/r)= (1.071^9 - 1)/0.071=12.028
FV- 47,000
A= 47,000/12.028 = 3907.58
A-$3,907.58
Amount to be deposited each year = $3,907.58
The risk associated with the unlikelihood that one of the key members will be struck by lightning would most likely be handled by which of the following?
A) Mitigating
B) Retaining
C) Ignoring
D) Transferring
E) Avoiding
Answer:
B) Retaining
Explanation:
The risk retaining refers to the risk in which the company takes the decision that represents the responsibility for some specific risk i.e. opposed to the risk transfer over and above to the insurance company
Here the risk retain is adopted when the doing cost is less than the fully or partially cost
In the given situation, since it is mentioned that the risk is attached with the unlikelihood and struck from lighting so this is to be handled by retaining
hence, the correct option is B. Retaining
On an 8% straight term loan of $6,071 the borrower paid total interest of $1,700. What is the term of the loan?
Answer:
Time taken for loan (T) = 42 mount
Explanation:
Given:
Rate of interest (r) = 8% = 0.08
Loan amount (P) = $6,071
Interest amount (I) = $1,700
Find:
Time taken for loan (T)
Computation:
I = PRT
1,700 = [6,071][0.08][T]
T = 1700 / 485.68
T = 3.5 year
Time taken for loan (T) = 3.5 × 12
Time taken for loan (T) = 42 mount
Creating
public awareness about goods
produced by a company
responsibility of which
department?
A. Mechanical.
B. Marketing.
C. Personnel.
D. Production.
E. Administrative.
Answer:
I think production
hope it helps
The City of Grand Rapids installed a new water main on Oak Street. The city then decided to charge the property owners along Oak Street a proportional cost of the new water main. If a property owner refuses to pay their proportional share of the cost, the city may file:______.a) property tax lien.
b) assessment lien.
c) general lien.
d) mechanics' lien.
Answer:
b) assessment lien.
Explanation:
In this scenario, The City of Grand Rapids installed a new water main on Oak Street. The city then decided to charge the property owners along Oak Street a proportional cost of the new water main. If a property owner refuses to pay their proportional share of the cost, the city may file assessment lien.
Assessment lien can be defined as a hold or a legal claim on a property being owed by another, while benefiting from an improvement or modification made and shall be deducted from the client for the improvements made by a municipal owner.
Archie Co. purchased a framing machine for $45,000 on January 1, 2021. The machine is expected to have a four-year life, with a residual value of $5,000 at the end of four years. Using the straight-line method, depreciation for 2021 and book value at December 31, 2021, would be:
Answer:
Depreciation 2021 = $10,000
Book Value 2021 = $35,000
Explanation:
Straight Line method charges a fixed amount of depreciation during the use of an asset.
Depreciation Charge = (Cost - Residual Value) ÷ Estimated Useful Life
Therefore,
Depreciation 2021 = ($45,000 - $5,000) ÷ 4
= $10,000
Book Value = Cost - Accumulated Depreciation to date
Therefore,
Book Value 2021 = $45,000 - $10,000
= $35,000
what effect will a low economic growth have on the country
Answer:
it can lead to national poverty and economy crisis
Assume the price of Coca-Cola increases. As a result, your real income decreases and you decrease the quantity of Coca-Cola purchased each month. This is an example of the:
Answer:
income effect
Explanation:
Income effect measures the change in quantity demanded of a good as a result of a change in real income or purchasing power.
As a result of the rise in price of the drink, real income fell and this led to a fall in the quantity demanded of the drink. This is the income effect.
________ is the movement to protect the valid interests of consumers and is a major force in small business today.
A salesperson makes a large sale for which she is entitled to a commission. To avoid making the payment, the employer terminates the employee. The legal claim that best applies to this termination is:
Answer:
breach of the covenant of good faith and fair dealing
Two colleagues working on a classified project are discussing classified information in earshot of unauthorized recipients. Which type of unauthorized disclosure is occurring?
Answer:
Spills
Explanation:
Unauthorized disclosure of information is described as a careless reveal of confidential information to an external party that is not in the position to have an access to such information.
The type of un authorized disclosure in this scenario is Spills. Spill occurs when confidential information is revealed carelessly without intent compared to spying and espionage where spies are engaged to access information. In some situation , the spilling party may not even know that he is revealing information to an external party.
________ play an important role in efficiently making products available to target markets in the needed varieties and quantities.
Answer:
Intermediaries
Explanation:
Intermediaries are individuals or organisations whose main function is to ensure that goods are moved smoothly through the various channels of distribution. They act as a link between the manufacturers and the consumers.
Intermediaries acts as a middleman, they provide feedbacks to the manufacturers on the customer's assessment of the product. They also help in the promotion of goods by employing different advertising strategies inorder to showcase the product to the potential customers.
Hence intermediaries play a crucial role in efficiently making products available to target markets in the required varieties and quantities.
For the three statements below, assert whether they are true or false. Any sort of uncertainty or anything that breaks the statement implies that you should choose false. Explain your answer. a. The only way that the Fed can affect the level of borrowed reserves is by adjusting the discount rate. b. The federal funds rate can never be above the discount rate. c. The federal funds rate can never be below the interest rate paid on reserves.
Answer: False; True; True.
Explanation:
a. The only way that the Fed can affect the level of borrowed reserves is by adjusting the discount rate.
False. This is not true as the Fed can't control the borrowed reserves volume even though it is possible to encourage or discourage them to borrow reserves when the discount rate is altered.
b. The federal funds rate can never be above the discount rate.
True. The federal funds rate can never be above the discount rate
c. The federal funds rate can never be below the interest rate paid on reserves.
True. It is also true that the federal funds rate can never be below the interest rate paid on reserves.
An overview of the estimated financial impact, including cost of the proposed changes, revenue generated, and staffing impacts to the bureaucracy resulting if the bill passes, is referred to as:
Answer:
legislative fiscal note
Explanation:
The term that is being described in the question is referred to as a legislative fiscal note. This is a requirement under senate rule in order to pass a final vote when reporting any bill or joint resolution. The committee takes and reviews this fiscal not, taking into account all the estimated costs provided by it, in order to determine whether or not the bill will provide more good than what it is costing so they can make their final verdict of whether to pass the bill or not.
When faced with a number of tight deadlines, Mandy Moore often delegates work collectively. Recently she chose some fairly experienced employees to work on a high-priority project. She was heartened to see that the selected group of employees was having numerous meetings and working hard. However, when she went to check on their progress at the halfway mark in the project schedule, she was shocked to see how little the team had done in the past three weeks. This scenario reflects ________.
Answer:
social loafing
Explanation:
Social loafing is when an individual is less efficient when working within a group unlike working solely. In a social loafing, people in a group tends to be less productive whereas are more productive when working individually.
Lack of motivation is one of the cause of social loafing. When people in a group are not fully motivated, such may result in social loafing hence affect the output turnout. Also, when people in a group are not made to account for their actions and inactions, such would eventually result to social loafing.
A ______ is a word, name, symbol, or device that is used in trade with goods to indicate the source of the goods and to distinguish them from the goods of others.
Answer:
trademark
Explanation:
The trademark refers to the logo design, name, word, symbol of the product that represents the company and used for the sale of the goods.
With the help of the trademark, the company could distinguish its products as compared with the competitors with the motive to gain a competitive advantage in the market place
Therefore this is a trademark
Joe works for a life insurance company that funds commercial investment projects and often insures these projects by insisting on an equity position. What type of financing does this describe?
Answer: Participation
Explanation:
Participation financing is a firm of financing whereby a loan is shared by several parties because such loans are too huge and a party cannot take the loan alone.
Since we are informed that works for a life insurance company that funds commercial investment projects and often insures these projects by insisting on an equity position, this means that participation financing is being practiced.
Type the correct answer in the box. Spell the word correctly. Which economic condition is described? Brenda's community is suffering as the primary employer has shut down and all workers were laid off. In addition, the price level has increased significantly. This economic condition is known as
Answer:
stagflation
Explanation:
Stagflation is a combination of high unemployment plus high inflation and economic recession. This is the worst possible scenario that an economy can face, it is basically a "perfect storm" that destroys everything.
Since the primary employer shut down, unemployment rose. The price level has increased significantly = high inflation. As a combination of both, economic recession will hit the community.You have $400,000 saved for retirement. Your account earns 7% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 25 years?
Answer:
$2,827.11
Explanation:
For computing the monthly payment, we need to use the PMT formula i.e. to be shown in the attachment
Given that
Present value = $400,000
Future value or Face value = $0
RATE = 7% ÷ 12 months = 0.58333%
NPER = 25 years × 12 months = 300 months
The formula is shown below:
= PMT(RATE;NPER;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the monthly payment is $2,827.11