The amount of total current liabilities reported on the balance sheet equals $469,500.
Current liabilities entails set of amount or responsibility owed within an accounting period.
Particulars Amount
Accounts payable $150,000
Notes payable (current portion) $217,000
Salaries and wage payable $55,000
Interest payable $32,000
Payroll taxes payable $15,500
Total current liabilities $469,500
Therefore, the amount of total current liabilities reported on the balance sheet equals $469,500.
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which statement best illustrates the history of the fractional banking system?
Answer:
A goldsmith accepts deposits of gold and issues paper receipts in excess of the amount of gold held; reserves are a fraction of the money supply.
Explanation:
depreciation expense and amortization expense represent ______ items requiring adjustments to net income under the indirect method.
Based on the information depreciation expense and amortization expense represent non-cash items.
Non-cash items has to do with expense that does not involve paying cash.
Depreciation expense and amortization expense are non cash item as no cash payment is involve.
Although this expense may be included in a company profit or loss account or net income but they do not have effect on a company cash flow.
Non cash item like depreciation expenses and amortization expense often have effect on a company overall net income.
Inconclusion depreciation expense and amortization expense represent non-cash items.
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Activities
- Pay Vendors
- Evaluate Vendors
- Inspect raw materials
- Plan for purchases of raw materials
Cost Drivers:
a) Number of different kinds of raw materials
b) Number of classes offered
c) Number of tables
d) Number of employees
What is Cost Drivers ?
A cost driver causes a change in an activity's cost. The idea is most frequently applied to allocate overhead expenses to the quantity of produced units. In order to reduce the cost of overhead, it can also be utilized in activity-based costing analysis to identify the causes of overhead. An activity-based costing system may employ a variety of cost drivers. Just one cost driver should be employed if a company just cares about adhering to the minimum accounting standards to allocate overhead to produced items. Cost drivers include things like the amount of customer interactions, engineering change orders, machine hours consumed, and product returns, as well as the number of direct labor hours performed.
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what are herbal plants
Answer:
Medicinal plants, also called medicinal herbs, have been discovered and used in traditional medicine practices since prehistoric times. Plants synthesise hundreds of chemical compounds for functions including defence against insects, fungi, diseases, and herbivorous mammals.
fit living has just opened a new fitness club uptown. the company wants to encourage people to try out the club for a week before signing up for membership. since the club is new in the area, the most effective way to promote the free trial is through
The most effective way to promote the free trial is through an Informative advertising.
An Informative advertising refers to an advert that is done to inform the people of the goods or services strengths rather than trying to convince customers to buy them.
The company should use the Informative advertising to encourage people to try out the club for a week because it is more factual and detailed
Therefore, the most effective way to promote the free trial is through an Informative advertising.
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For the underwriting of a municipal bond issue, competitive bids are submitted by underwriters as A) a best efforts underwriting commitment. B) a standby underwriting commitment. C) an all-or-none commitment. D) a firm commitment.
PLEASE HELP
Jane is applying for a job at an in-store job kiosk. What is a benefit of applying for a job this way?
A. Jane can print the application to complete at home.
B. Jane can search for current job openings at the store.
C. Jane can start the application and then come back the next day to complete it.
D. Jane will need home computer access to finish the application.
Answer:
The answer is B
Explanation:
Jane is at the store and can see the job openings.
Products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others are called
Products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others are called prestige products.
Prestige products are products that are of a high quality, high value and costly which are often purchased by people because of the benefit they will derived from it.
Most people tend to buy prestige products in order to increase their status in the society and they will often go for the product without minding how costly the product are.
Example of prestige product is buying a luxury car or items such as wrist watch that are very expensive.
Inconclusion products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others are called prestige products.
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HELPPPP ASAP GIVING BRAINLESS IF THE ANSWERS ARE CORRECT.
Use these words to answer the questions:
raw material, social, decision making, economic, labour, unemployment, personalized
Maya Stuhlbarg, director of marketing for Rheinhold Industrial Products, complains to her advertising director that the continuing slump in orders has apparently been perpetuated by the firm's failure to have the necessary advertising expenditures. Based on this information, Rheinhold is most likely using the ____ approach to determine its advertising expenditures.
Rheinhold is likely using the percentage of sales approach, which is used to budget advertising expenses according to a fixed percentage based on a budget period.
The percentage of sales approach occurs when each expense for a past or current period is converted as a percentage of net sales and applied at the forecast sales level.
Therefore, while this is an effective method for advertising budgets, the percentage of sales can be based on fixed expenses and balance sheet items that do not correlate with sales.
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After a period when prices have been rising rapidly, the Federal Reserve tightens credit and over a period of 2 years, the inflation rate falls from 4% to 2%. This is an example of:
Answer:
Explanation:
This is supposed to represent what is going to happen,, it's an impossible dream. The question simply does not imply.
However if we live in Oz then this is an example of using interest rates to lower inflation.
as the aggregate price level in an economy decreases,
Answer:
imports decrease
Explanation:
What are the purposes of financial regulations? Choose three answers. To make business competitive to enforce government intervention to limit and prevent monopolies to allow businesses to collaborate to ensure only one business can operate to place regulations on prices.
The purposes that financial regulations serves are:
to make business competitiveto limit and prevent monopoliesto place regulations on pricesFinancial regulations can be regarded as the body that oversee the behavior of the those involve in the market.
The carry out different activities such regulations on prices so that consumers and producer can enjoy the market.
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Answer:
A,C,F
Explanation:
When renting an apartment, in addition to the first month's rent, the amount to move-in often requires the last month's rent as well as a security deposit. The rent is $725 per month and the security deposit is $900. How much money must be paid to the apartment management to be able to live in the apartment the first year? Assume that the renters moved out at the end of the first year. A. $9,425 b. $9,600 c. $10,325 d. $11,050.
Answer:
B/9600 yw
Explanation:
why having business is important?
Which concept is NOT basic to definition of economics?
O Choice
O Bartering
O Rational self-interest
O Scarcity
Answer:
O Rational self-interest
Explanation:
Which change should she make in her outline?
O change step 2 to “click the format tab”
O change step 3 to “open chart title dialog box “
O change step 4 to “type in the chart title”
O change step 5 to “add the chart title”
Answer:
A
Explanation:
Answer:
B
Explanation:
composers in the classical period took middle-class tastes into account by
Gossip and rumor in an organization are part of the ________, which itself is a type of ________ communication channel. Multiple Choice organizational chart; informal grapevine; informal grapevine; external organizational chart; external
Gossip and rumor in an organization are part of the Grapevine, a type of Informal communication channel.
This is because a Grapevine is a form of an informal communication channel in a business organization. In this way, the information can be diffused from any level, either from bottom to top or top to bottom.
The information passed is usually in the form of gossip and rumor. It does not have official backing or formal approaches such as through emails of the business firm or signed and stamped letters.
Hence, in this case, it is concluded that the correct answer is Grapevine; and informal.
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ERP systems that include administrative, sales, marketing, and HR processes are referred to as _________.
Answer:
human right department
ERP systems that include administrative, sales, marketing, and HR processes are referred to as ERP II. Thus, option B is correct.
What is an ERP?ERP is a class of computers that assists firms in managing and automating important company activities for optimum performance. The combined administration of key business operations, frequently instantaneously, is known as ERP (Enterprise resource planning) systems.
The conventional functionality of materials allocation, delivery, and order input is included in ERP II, although it is supplemented by features like customer management (CRM), renewable source planning, among accounting (HRM). One such Erp software can efficiently, precisely, and consistently run a complete business.
Therefore, option B is the correct option.
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The question is incomplete, the complete question is:
ERP II
ERP I
ERP III
ERP IV
returnable packaging, use of 3d printing, and flexible packaging are examples of:
Returnable packaging, use of 3d printing, and flexible packaging are examples of sustainable packaging.
Sustainable packaging simply means the sourcing, development, and use of package solutions which possess minimal environmental footprint and impact.
It should be noted that sustainable packaging is earth-friendly and doesn't lead to the depletion of natural resources. Some examples of sustainable packaging include returnable packaging, the use of 3d printing, and flexible packaging.
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The Big Outdoors, a specialty store that sells adventure sports gear, employs one salesperson per customer. Each salesperson is trained to influence customers to purchase other items related to the products they have purchased. In this scenario, The Big Outdoors is using ______ as its marketing strategy.
Based on the information given the Big Outdoors is using suggestion selling as its marketing strategy.
Suggestion selling is a marketing strategy that enables customers or buyers to purchase other related products or goods.
Most companies or organizations makes use of suggestion selling to increase sales and to create products awareness.
The salesperson will often use this sales technique on buyers after they might have purchased a product by suggesting more or other products to the customers that is related to the ones the customers purchased.
Inconclusion the Big Outdoors is using suggestion selling as its marketing strategy.
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Answer:
B. Suggestion Selling
Explanation:
Took the Test
The payroll taxes the employer is responsible for are:
A.
FICA-Medicare.
B.
FICA-OASDI.
C.
State income taxes.
D.
A and B.
The employer is responsible for the following payroll taxes in Option D. A and B.
The FICA-Medicare is a compulsory contribution just like the Social Security (or OASDI) that employers are expected to contribute some percentages and withhold stated percentages from the salaries of their employees.
Thus, the employer is not responsible for Federal and State taxes, but D. A and B. Employers can only withhold and remit the Federal and State taxes as required by law.
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A company's ____________ are the priorities, principles, and beliefs that guide the company. A. Strengths B. Demographics C. Values D. Opportunities Please select the best answer from the choices provided A B C D.
Answer:
I would say its C: Values
Explanation: I own three stores and trust me the most important part about a company is the value.
Answer:
c <3
Explanation:
The ________ ratio indicates whether a firm will be able to meet interest obligations due on outstanding debt
Answer:
The , Television, ratio indicates whether a firm will be able to meet interest obligations due on outstanding debt.
a mattress manufacture paid its retailer, bed head, a sum of money to have bed head feature its mattresses in its weekly advertising flyers, radio spots, newspaper ads, and email campaigns. this is an example of a manufacturer giving ________ to its retailer.
The example stated in this question where mattress manufacture paid its retailer as well as bed head so that some features can be added to his mattress for advertisement is Personal allowances.
Personal allowances can be regarded as final deductions that is removed from the individual taxpayer's net income so that they can get the taxable Income.Good example is demonstrated in the question whereby the mattress manufacture paid its retailer and the bed head.Therefore, the correct term is Personal allowances .
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how are the market and enterpreneurship related with each other?
Marketing is a vital process for entrepreneurs because no venture can become established and grow without a customer market. The process of acquiring and retaining customers is at the core of marketing.
Further, marketing provides an effective vehicle for achieving entrepreneurship within the corporation. As some have argued, marketing is the home for the entrepreneurial process. As a process, a firm's entrepreneurial orientation has three key dimensions: innovativeness, risk taking, and proactiveness.
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A response strategy requires suppliers be selected based primarily on A. being willing to share information. B. capacity, speed, and flexibility. C. cost. D. product development skills.
Answer:
D
Explanation:
Hope this helps
Beck and Carli are married. Carli purchases a condominium near Downhill Ski Resort. Beck and Carli each technically own an undivided one-half interest in the condo. This is a. community property. b. a joint tenancy. c. illegal.
Based on the fact that both Beck and Carli own an undivided interest in the condo, we can say that this is a. community property
Community property means:
Spouses own half of things acquired in marriage Spouses own these things regardless of who actually bought itWhen a marriage abides by community property, each spouse owns half of everything that was acquired in the marriage. This half is however undivided and only comes into play during divorce proceedings.
In conclusion, this condominium is a community property.
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Which accurately describe differences between debit and credit cards.
Answer:
I did some research, and a debit card is a card that allows you to spend money on something that you got from the bank. Credit card is a card that allows you to borrow money from the card issuer. A credit card issuer is a bank or credit union that provides a credit card directly to the user. Kinda like a consumer. Anyways a credit card allow you to borrow money from the card issuer up to a certain limit in order to purchase items or withdraw cash. I didnt go of anyones word. All I did was do a little research, and this is what I found.
Hope this helps :)
Explanation:
the legal contract between the bondholders and the issuer is called the bond ______.
The legal contract between the bondholders and the issuer is called the bond indenture.
A bond indenture is important as it helps to protect the interest if the stakeholders and also lowers the chance of default.
It should be noted that the indenture list provides the details of a bond. It helps in ensuring transparency. Therefore, the legal contract between the bondholders and the issuer is called the bond indenture.
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