Which table correctly lists the assets and liabilities?

A 2-column table with 4 rows. Column 1 is labeled Assets with entries leased car, mortgaged home, credit card debt, tax bill. Column 2 is labeled Liabilities with entries car, home, savings bond, stocks.
A 2-column table with 4 rows. Column 1 is labeled Assets with entries car, home, credit card debt, tax bill. Column 2 is labeled Liabilities with entries leased car, mortgaged home, savings bond, stocks.
A 2-column table with 4 rows. Column 1 is labeled Assets with entries leased car, mortgaged home, savings bond, stocks. Column 2 is labeled Liabilities with entries car, home, credit card debt, tax bill.
A 2-column table with 4 rows. Column 1 is labeled Assets with entries car, home, savings bond, stocks. Column 2 is labeled Liabilities with entries leased car, mortgaged home, credit card debt, tax bill.

Answers

Answer 1

Answer:

A 2-column table with 4 rows. Column 1 is labeled Assets with entries car, home, savings bond, stocks. Column 2 is labeled Liabilities with entries leased car, mortgaged home, credit card debt, tax bill.

Explanation:

An asset is a valuable item that a person or a corporation owns. An asset has an economic or monetary value attached to it.  It is a resource used in generating future benefits, save costs, or produce goods and services. From the list provided, a car, home, savings bond, stocks represent assets.

Liabilities are things or money owed. They are debts or obligations to be met. A mortgage is a debt; hence it is a liability. A leased car belongs to someone else and presents an obligation to pay, making it a liability. The tax bill is a debt.

Answer 2

Answer:

The answer is D.  

Hope you past the Cumulative Exam Review!

Explanation:


Related Questions

Iris has an investment worth $8,813. She made her only deposit in it seven years ago. Given that the investment yields
3.7% simple interest annually, how big was the initial deposit?
a $1,806
b. $2,282
C. $4,095
d. $7,000
Please select the best answer from the choices provided
А
С
OD

Answers

Answer:

D) $7,000

Explanation:

Just took practice... I got it wrong but it told me the right answer so here!

Answer:

D

Explanation:

PLEAS HELP!!!!!!!! I NEED ANSWERS ASAP!!!!!​

Answers

Answer:

the answer is Blue

Explanation:

Just believe me

Joe borrows money for a fridge and pays $120.00 in interest for 24 months at a rate of
8%. How much money did he borrow?
Show work

Answers

Answer:

$750

Explanation:

Interest is calculated using the formula below.

I = p x r x t

where I= interest

P= principal amount

r= interest rate

t= time

In this case, interest is $120, P is not given, r = 8% t= time 2 years( 24 months)

It means $120= P x 8% x 2

$120= p x 0.08 x 2

$120= p0.16

P= $120/0.16

P=750

Joe borrowed $750

kathy is performing the role of

Answers

I dont know what role but i hope its good for Kathy! GOOD LUCK KATHY YOU GO GURLL

Need help please ?????

Answers

Answer:

sales

Explanation:

What is the difference between international and domestic travel?

Answers

Answer:

domestic is within the same country

international is between countries

XYZ, CPA, has been engaged to examine the financial statements of ABC Corporation for the year ended December 31, 2015. During the year, ABC obtained a long-term loan from a local bank pursuant to a financing agreement that provided that 1. The loan was to be secured by the company's inventory and accounts receivable. 2. The company was not to pay dividends without permission from the bank. 3. Monthly instalment payments were to commence July 1, 2015. In addition, during the year, the company borrowed various short-term amounts from the president of the company, including substantial amounts just prior to year-end. Required: a. For purposes of the audit of the financial statements of ABC Corporation, what procedures should XYZ employ in examining the described loans? b. The loans from the president represent a related-party transaction. What financial statement disclosures do you believe would be appropriate for the loans from the president?

Answers

Answer:

a. Analytical review of loan agreement.

Inquiry from management about the loans and its covenants.

Observing the management behavior towards covenants.

Inspecting the effects of each covenant on business activities.

b. According to IAS 24, related party transactions the loan from president should be disclosed.

Explanation:

Loans are a source of funding to a business. Many organizations prefers high debt funding as it is a cheap source of finance. On the other hand high debt companies are considered as risky. When an auditor analyses the loan covenants he must ensure that he reads the complete agreement and analyses the effects that each covenant has on the company's performance. Loan covenants are always considered as flagged as this is an important area which requires detailed audit. In the given scenario the loans are taken against company's inventory and receivable accounts which is a threat to company's working capital. There are covenants imposed not to distribute any dividend to shareholders. These will create a liquidity position for a company if the loan is not paid on time and company will not have sufficient amount of working capital to fund its routine expenses and business operations.

b. IAS 24 provides detailed guidance on discloses for transaction involving related party. The president of a company has provided loan to the company this should be disclosed in the notes. The transaction should be in the arms length and disclosures should be made for every transaction.

Your salmon dish has a food cost of $4.76, and your price includes a markup of 300%. You decide to decrease your percentage markup to 250%. How much less will the new selling price be?

Answers

Answer:

D .. 2.38

Explanation:

The new selling price of the Salmon fish with the decreased markup value of 250% is $2.38 less than the last selling price.

What is percentage?

The percentage can be defined as the expression of part of anything as a "part of 100". The percentage can be calculated as:

Percentage = Observed/ Total * 100

The cost of the salmon dish is = $4.76

The markup to the price is = 300%

The cost after 300% markup is = x

x = 4.76 + 4.76 * 300/100

x = $19.04

After reducing the markup value to 250% the cost (y) will be:

y = 4.76 + 4.76 * 250\100

y = $16.66

The cost of Salmon fish with 250% markup is $16.66. The difference in the new selling price (y) from the old selling price of $19.04 is:

The difference in price = $19.04 - $16.66

The difference in price = $2.38

The new selling price of Salmon fish will be $2.38 less than the old selling price.

Learn more about percentage, here:

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How does the changes in the Mexican peso affect your life?

Answers

Answer:

The Mexican peso produces higher returns than the U.S. dollar because of higher interest rates.

Explanation:

if your  comparing the 2 places

Early withdrawal of the money in a CD can lead to substantial financial

Answers

Answer:penalty

Explanation: I just did it and got it right

When researching an occupational field, what information should you be looking for?

Answers

Answer:

Current and predicted trends

-Educational requirements

-Job descriptions

-Growth outlook

-Salary ranges

Explanation:

took test

Pieces of information one must consider while researching an occupational field are Job description, Required education and experience, Working conditions, Salary and Fringe benefits.

What is a job description?

A job description includes the following elements: the job title, the purpose of the job, the tasks and responsibilities of the job, the needed and desired qualifications for the job, and the working environment. A job description often lists the qualifications, education, and training that a prospective employee must possess.

It will detail the job's responsibilities and tasks. Once a job description has been created, it may be used as the starting point for candidate interviews, orientation for new hires, and performance reviews. Benefits and work happiness have a favorable association.

Research strategy: It was determined that a quantitative study approach and a survey format would be most effective for determining how wages and benefits affect work satisfaction. In fact, 96% of respondents to a study of employees said that their total job satisfaction was influenced by their remuneration.

Learn more about the job description, here:

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What are three professors/careers/jobs you can see yourself doing after high school?

Answers

Three careers/jobs I can see myself doing after high school can be:

Nurse

I have always wanted to be a nurse. I love biology and the study of humans. A nurse is one dream job I want to go for.

Architect

Designing things is also one of my favorites. I think I am very creative, and being an architect is cool.

Senator

I want to be a senator. Senators have been one of my favorite jobs. I want to be a government offical. Being a senator means a lot to me.

Hope this helps you!

Answer:

a Embalmer or Crematorium Operator

Explanation:

i feel like i just need to add this

What’s at least 5 daily responsibilities of polygraph analyst

Answers

Answer: Why is it advantageous to take market trends into consideration when planning a career path?

Read More >>

Explanation:

What does "total opens" measure?

Answers

Answer:

The count of recipients who actually open your marketing campaign's email message

Explanation:

hope this helps :))

Which of the following motivational theories represents the claim that individuals are motivated by the expected outcomes of situations?


A.
expectancy theory
B.
incentive theory
C.
intrinsic motivation
D.
Maslow's hierarchy

Answers

Answer:

Option A (expectancy theory) would be the appropriate approach.

Explanation:

The principle of expectancy remains based on the assumption that success is created by the commitment and success yields desired results. Good values or role models some of which have worked tirelessly to better their results, and are then praised with this kind of effort, can raise motivation throughout this sense.

Some other options offered weren’t relevant to something like the scenario presented. So, the alternative here was the right one.

Answer:

a

Explanation:

right on edge 2020

Most advertising spending is directed to _____.

Answers

Answer:

the internet

Explanation:

Which of the following does an appropriately cautious reading of a receipt entail

Answers

Answer:

I and III

Explanation:

Supply and Demand: Tutorial
17 of
Part B
What is the relationship
between the price and the number of necklaces Rachael supplies?

Answers

Answer:

see below

Explanation:

There exists a direct relationship between the price of a commodity and the quantity supplied. Producers find it more profitable to increase supplier when the prices are high. As businesses are motivated by profits, high prices are likely to generate more profits. High prices are a motivation to supply large quantities.

If the price of necklaces goes up, Rachel will supply more to the markets. She will take advantage of the high prices to sell more and make bigger profits. Low prices lead to reduced profits or even losses. At low prices, Rachael will supply a few necklaces in the market.

Answer: As the price goes up, the number of necklaces she supplies goes up.

Explanation: edmentum / plato

Dawn's credit card company charges 2.5% per month, for any unpaid amount. For the month, Dawn purchased $650.00 worth of goods and services. If she pays a minimum of $50.00 What is the remaining balance?

i need help asap

Answers

Answer:

$615  

Explanation:

The interest rate on Dawn's credit card is 2.5%

Purchases for the month are $650.

Payments made in the month is $50.

Balance will be

Purchases balance and the interest on the credit card

Purchase balance : $650-$50 = $600

Interest for the month

=2.5% x 600

=0.025 x 600

=$15

Balance will be $600 + $15= $615  

Which of the following statements about the impact of scarcity in every economic system is correct?

A )It imposes limitations not only on households, businesses, and governments, but on whole nations

B)It imposes limitations primarily on local and state governments as opposed to the national government, which is typically unaffected



C)Households rarely experience the effects of scarcity, which primarily affects business and government affairs


D)Businesses benefit from scarcity, which allows them to expand the reach of their operations, while scarcity causes households to suffer

Answers

Answer:

A

Explanation:

ctions:
Em 7-5.
ger
ze
PROBLEM 7-7 Journalizing and Posting
Business Transactions
A partial chart of accounts for Kits & Pups Grooming follows.
General Ledger
101 Cash in Bank
301 Abe Shultz, Capital
105 Accts. Rec.-J. Alvarez 305 Abe Shultz, Withdrawals
120 Grooming Supplies 401 Boarding Revenue
130 Office Furniture
405 Grooming Revenue
140 Grooming Equipment
525 Salaries Expense
205 Accts. Pay.-Dogs & Cats Inc.

Answers

Answer: I honestly have no clue man i think your completely out of luck, sorryy

Hoi Chong Transport, Ltd. Operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 125,000 kilometres during a year, the average operating cost is 12.520 cents per kilometre. If a truck is driven only 90,000 kilometres during a year, the average operating cost increases to 16.5 cents per kilometre. (The Singapore dollar is the currency used in Singapore.)

Answers

Answer:

The total cost will be "$1,279,286.25".

Explanation:

The total cost at 125000 Km will be:

[tex]=125000\times 12.520[/tex]

[tex]=1,565,000[/tex] ($)

The total cost at 90000 Km will be:

[tex]=90000\times 16.5[/tex]

[tex]=1,485,000[/tex] ($)

The variable cost will be:

[tex]=\frac{(1,565,000 - 1,485,000)}{(125000 -90000) }[/tex]

[tex]=2.28571[/tex] ($)

Now,

Fixed cost = [tex]Total \ cost -variable \ c ost[/tex]

                  = [tex]1,565,000 - 125000\times 2.28571[/tex]

                  = [tex]1,279,286.25[/tex] ($)

How do free market and planned economies differ in the allocation factors factors of production. provide examples

Answers

Answer:

Makret planned econmies differ in the allocation facters of production because of the stock market crash

Explanation:

Some examples will be the stock market crash

Answer:

Market economies utilize private ownership as the means of production and voluntary exchanges/contracts.

In a command economy, governments own the factors of production such as land, capital, and resources.

Most nations operate largely as a command or market economy but all include aspects of the other.

The type of economy also influences the political and social landscape of a nation, with command economies being more authoritarian and market economies allowing for more personal freedom.

which of the following is a nickname for the GAO?

SEC watchdog
regulatory watchdog
congressional watchdog
public watchdog​

Answers

Answer:

B: regulatory watch dog

Explanation:

Idc I just got it right

Answer: it’s congressional watchdog you dummy

Explanation:

George is presenting risk management in a seminar. Help him complete the following sentence.

Managing risks refers to identifying any possible ______events and taking steps to reduce them. Risk management is a continuous process for _____ and evaluating risks.

Answers

Answer:

uncertain/ identifying

Explanation:

Managing risks refers to identifying any possible uncertain events and taking steps to reduce them. Risk management is a continuous process for identifying and evaluating risks.

Answer:

Managing risks refers to identifying any possible _uncertain_ events and taking steps to reduce them. Risk management is a continuous process for _identifying_ and evaluating risks.

Explanation:

If you want to know whether a company had a profit or a loss during a specific period of time, which financial
statement would be most helpful?
A Statement of owners' equity
B. Cash flow statement
C. Balance sheet
D. Income statement

Answers

Answer:

d income statement

Explanation:

this statement shows profit/loss

Which Finance Career Pathways involve money, assets, or liabilities? Check all that apply.

Banking and Related Services
Insurance Services
Retail Related Services
Financial and Investment Planning
Business Financial Management

Answers

Answer:

Banking and Related Services

Insurance Services

Financial and Investment Planning

Business Financial Management

Explanation:

Retailers can be categorized as service retailers or merchandise retailers. Service retailers sell services such as legal, health, delivery services, parking, and many others. Merchandise retailers deal with products/ tangible items. They buy in bulk from manufactures or wholesalers and sell to end consumers.  Retail related services deal more with sales, cash, and credit, unlike the other carriers in the list that deal with assets, liabilities, and money.

Answer:

abde

Explanation:

HI I really want a bichon poodle dog but first I need to convince my parents. So far I've been working on earning 1000 dollars to pay for it and I wrote a 50 page essay but I'm not sure that will cut it what is the best tactic to get my dog??? what is the best business tactic to get this item.

Answers

Answer:

A lemonade stand maybe

only old people who needs to know about Social Security

Answers

Answer:

No

Explanation:

Answer:

Explanation:

Falsemundo

How can a hospitality business provide for Maslow's "acceptance/belonging" need?
A. providing food & shelter
B. giving you a job.
C. Knowing your name.
D. teaching you something you have always wanted to learn about.

Answers

C. Knowing your name.
The answer is b because
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