Answer: The bank could sell the car.
Explanation:
A lien refers to a claim against an asset which is used as a collateral in order to satisfy a debt.
Since we are informed that Adam borrowed money to buy a new car and that the bank has a lien on the car, in a situation whereby Adam doesn't make his payments on time, the bank can end up selling his car and use the fund to settle the debt that he owes.
A&E) Subscription received in cash Rs 60,000; subscription received in advance for next year Rs 3,000 and received in advance during previous year is Rs 2,000.Subscription in arrears at the end of current year Rs 5,400 . Amount credited to Income and Expenditure Account will be :(a)Rs 53,600(b)Rs. 55,600(c)Rs. 66,400(d)Rs. 64,400
Answer:
Amount credited to Income and Expenditure Account = Rs64,400
Explanation:
Given:
Subscription received in cash = Rs60,000
Subscription received in advance = Rs3,000
Subscription in arrears at the end of current year = Rs5,400
Subscription received in for previous year = Rs2,000
Find;
Amount credited to Income and Expenditure Account
Computation:
Amount credited to Income and Expenditure Account = Subscription received in cash + Subscription in arrears at the end of current year + Subscription received in for previous year - Subscription received in advance
Amount credited to Income and Expenditure Account = 60,000 + 5,400 + 2,000 - 3,000
Amount credited to Income and Expenditure Account = 67,400 - 3,000
Amount credited to Income and Expenditure Account = Rs64,400
Rocco orally agrees to sell his Spring Beverage Company to Thirsty Inc. Rocco notes the terms on a sheet of Spring stationery and signs it. This agreement is most likely enforceable againsta. Spring and Thirsty.b. Rocco.c. no one.d. Thirsty.
Answer:
b. Rocco
Explanation:
In the given situation it is mentioned that the rocco would agree to sell his company to the other company and this communciation is done on orally basis. In addition to this, the the terms should be signed. So here the agreement should be enforceable against the rocco as if rocco does not gave the company to the other company so this agreement should be invalid in the eyes of the law
HELP ASAPPPPP WILL GIVE BRAINLIEST!!!! Question in pic. Then explain your reasoning
Answer:
because i need to school
Management career skills include managing _____.
time
personnel
finances
all of the above
Answer:
the correct answer is finances
When people are in debt, it means there is no income
True or false?
Customers who owned Nintendo's 8-bit video game console were unable to play the same games on the firm's new 16-bit Super Nintendo system. There was little incentive for existing Nintendo fans to stick with the firm. In this case, Nintendo's new offering suffered from a lack of:
A. effective pricing.
B. switching costs.
C. backward compatibility.
D. network effects.
E. staying power.
In an import-oriented distribution structure,A. the importer-wholesaler traditionally performs most of the marketing functions.B. the relationship between the importer and any middleman is similar to that found in a mass-marketing system.C. several independent agencies provide functions such as advertising, marketing research, and financing.D. the idea of a channel as a chain of intermediaries performing specific activities is common.E. the distribution system is national in scope.
Answer:
A. the importer-wholesaler traditionally performs most of the marketing functions.
Explanation:
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
An import-oriented distribution structure is also referred to as a traditional distribution structure and it typically involves controlling a fixed supply of goods by an importer while selling a limited supply of the goods (products) at a higher price to a small group of rich or affluent customers.
This ultimately implies that, in this type of distribution structure, demand for goods usually exceeds the quantity of goods supplied.
Hence, in an import-oriented distribution structure, the importer-wholesaler traditionally performs most of the marketing functions.
If you pay the balance of your credit card bill before the due date, how much do you pay?
A. The full amount that you owe
B. The full amount you owe, plus a service fee
C. The full amount you owe, plus interest for the past month
D. The minimum payment on your bill
Answer:
If you pay the balance of your credit card bill before the due date, you would pay the minimum payment on your bill.
Explanation:
The benefits of paying your bill in the middle of the statement period include freeing up your line of credit and helping reduce the amount of interest you may pay. Paying your credit card bill in full before the statement closes means you shouldn't have to pay any interest, unless you have been paying down a balance over several months. Most credit card issuers give you a grace period during which you're not liable for paying interest, provided you pay your account in-full before the statement due date. If you pay your balance before the statement closes, you'll see a "payments" line on your statement, reflecting the amount that's been subtracted from your statement balance. Paying your credit card bill early frees up credit on your account - paying your balance in full causes your credit card limit to reset. When you make a credit card payment, the amount of your payment is automatically added back to your credit line, which can be especially useful helpful if you're getting close to maxing out your credit limit.
How much money does accountents get paid per year? or per month.
Answer:
ALOT
Explanation:
How Much Does an Accountant Make? Accountants made a median salary of $71,550 in 2019. The best-paid 25 percent made $94,340 that year, while the lowest-paid 25 percent made $55,900.
Answer:
around 50k
Explanation:
Accountants make around $4,700 per month and around 57,900 per year
Calculate the GDP using the data below (all figures are shown in millions)
Personal Consumption = $50
Government Consumption = $20
Business Consumption = $80
Gross Investments = $100
MULTIPLE CHOICE >>
$150 million
$100 million
$250 million
$200 million
Answer:
$250 million.
Explanation:
To calculate the GDP using the following data (Personal Consumption = $ 50, Government Consumption = $ 20, Business Consumption = $ 80 and Gross Investments = $ 100) the following calculation must be performed:
50 million + 20 million + 80 million + 100 million = X
250 million = X
Therefore, the GDP is $ 250 million.
The main pupose of an investment institution is to A. Allow customers to deposit money into accounts at no charge B. Use deposited money to purchase stocks and bonds in order to make a profit C. Provide guranteed payments to depositors under specific conditions D Hold deposits in accounts and use that money to offer loans.
Answer:
The answer is "Option D".
Explanation:
Credit unions or financial institutions, among many others, have depository institutions. It provides customers with a reliable, stable but easy way of saving money or residences and businesses credits. The bank provides interest rates on deposits and uses that money to lend at rising interest rates.
Its main source of income for depositary entities is interest from loans. They build consumer deposits and facilitate economic development in households and businesses.
6. Which of the following has the lowest liquidity?
Savings Account
Checking Account
Cash
House
Answer:
house (if that was even an option it looks like it though)
Explanation:
Land, real estate, or buildings are considered the least liquid assets because it could take weeks or months to sell them. Before investing in any asset, it's important to keep in mind the asset's liquidity levels since it could be difficult or take time to convert back into cash.
Answer:
me i swear and BC of drugs and my parents didn't put a silver spoon in my mouth along with I fix problems only god himself could make quickly years to minute if not seconds
Last year, Rita earned 11.6 percent on her investments while U.S. Treasury bills yielded 3.8 percent and the inflation rate was 3.1 percent. What real rate of return did she earn on her investments last year?A. 7.51 percentB. 8.24 percentC. 8.56 percentD. 9.24 percentE. 10.39 percent
Answer:
B. 8.24 percent
Explanation:
Real rate of return = [1+Nominal/1+Inflation ate] - 1
Real rate of return = [1+0.116/1+0.031] - 1
Real rate of return = [1.116/1.031] - 1
Real rate of return = 1.08244 - 1
Real rate of return = 0.08244
Real rate of return = 8.24%
In general, which type of marketing do you think is most effective for events: push or pull marketing?
Answer:
Push marketing is the faster way for businesses to gain immediate and fast cash flow right away. I would say this is the most effective.
Explanation:
multiple choice-- economics
You are interested in becoming a business owner. You want the freedom to be your own boss but do not want to deal with all of the stress that comes with starting a new business. What type of business ownership makes the most sense for you? >>
Partnership
Franchise
Corporation
Sole proprietorship
Answer:
A partnership.
Explanation:
In a partnership you are a part owner of a business, but you share responsibility.
Bryan is a salaried worker whose salary is $48,000 per year. The $2,000 he
receives twice a month represents Bryan's
A. withholdings
B. net pay
O c. pay category
O D. gross earnings
SUBMIT
Answer:
B. net pay
Explanation:
The correct option is - B. net pay
Reason -
The salary is subject to several allowances and dis-allowances and also to treat it as gross or net, It depends upon the assumption we are taking here which is that the allowable deductions is already being adjusted and the amount shows here is net pay.
Answer:
D. Gross Earnings
Explanation:
j took the exam
Your company will need a business plan in order to do what? A. Increase revenue. B. Identify an opportunity. C. Pay taxes. D. Get funding. Please select the best answer from the choices provided
Answer:
Get Funding
Explanation:
Hope this helps :)
Answer:
D
Explanation:
Get Funding
In which situation would a person pay more in income tax than he or she did
the year before?
A. The salary a person earned increased.
B. The number of dependents the person had increased.
C. The amount the person spent on electronics increased.
D. The value of the person's home increased.
Answer:
I got the answer from above wrong so here's the answer that was correct for me
ANSWER: The salary a person earned increased.
hope I helped.
Explanation:
Answer:
When the salary of a person earned increased he or she have to pay more income tax than year before.
Explanation:
Why do we pay taxes?Most governments rely on taxes as their primary source of revenue. This money is used to fund public services such as schools, emergency services, and social programs, as well as to repair and maintain public infrastructure, such as the roads we commute on.
Income Tax-Governments levy income taxes on enterprises and persons operating within their jurisdiction. Income tax is used to fund government services, pay debts, and give commodities to citizens.
Example-Someone earning $30,000 per year may pay 25% of their income in taxes, whereas someone earning $300,000 or more may pay 35%. Income tax is defined as "a tax on the earned and unearned income of people and trusts" in the Financial Times' glossary of terminology.
The higher your income, the higher the percentage of it that gets taxed.
Learn more about Income Tax here-
https://brainly.com/question/26316390
#SPJ2
What is a key aspect of the global economy that works against you when trying to save and invest?
Answer: Instability in currencies and crude oil
Explanation:
Investing and saving takes a toll on individuals when there in an unstable economy, they may have some property or money and in some moment it losses value. The following are global key aspect of the economy that can affect investment and saving;
-Instability of currencies; for someone whose local currency is far lower than dollars(the general trading currency), they would find it hard to invest most especially if the country imports most of what they use. They could get an item for a particular price in January and in the next week's, their local currency falls, they may not be able to afford that same item they got.
- Crude oil price; due to a large percentage of the world uses crude oil, it's rise and fall in prices affects a lot of people and their investment
please do your best. 75% of my grade
Answer:
1.False
2.truth
3.truth
4.False
Explanation:
-PLEASE HELP!
Which of the following choices is an example of an installment loan?
a fixed rate home loan
a variable rate credit card
a mutual fund
a utility bill
Capital, such as a car or home, is often used to secure a loan.
True
False
A vast global network that is made up of many smaller interconnected networks is known as
Answer:
The internet
Explanation:
Jay runs a successful high-end salon downtown and is looking to open a new location in a nearby suburb. He wants to research nearby competitors before
committing. Where should the business owner go to obtain a list of nearby high-end salons?
A company is considering several Customer Relationship Management (CRM) providers and wants to understand what customizations each platform can offer. What is a good indicator of a CRM software's customization capability?
Answer:
A Good indicator is Ability to Alter or change existing features in the CRM platform to suit the exact need of the company .
Explanation:
A Good indicator of a CRM software customization capability include;
Ability to Alter or change existing features in the CRM platform to suit the exact need of the company .
The presence of this customization in any CRM platform shows that the CRM platform is good i.e. This customization is an example of a good indicator in the CRM platform.
if anyone sees this can they help me out? how should a consumer seek remedy once they have experienced unfair financial practices A trust in the other party to accurately adjust any errors made on their behalf B Contact the other party one time only as opposed to multiple communications C Contact local media organization to reveal any wrongs committed by the other party D Take steps to properly file a dispute and engage an advocate to handle their case How are consumers responsible for their own security A They should create simple passwords using birthday and names instead of something more complicated B They should always use open public networks because they are more secure than private networks C They must join an identity protection service to protect themselves from identity theft D They should use and regularly update an antivirus program to protect their personal information Which statement correctly describes an internet security issues A Phishing is an illicit software program which unwittingly sends private account information from a user's computer B Spyware are individuals who attempt to get access to another person's computer to harm it somehow C A virus is a harmful program that gets loaded onto a user's computer after visiting an infected website D Hackers are attempts to deceive people into revealing personal information with fraudulent emails and social media requests
Answer:
B
Explanation:
your welcome
Select the correct answer.
Ahmed has been running a laundry service in his neighborhood for the past eight years. He picks up soiled clothes and delivers washed and ironed clothes at the customers’ doorsteps. A transporter who offers to pick and deliver customer clothes at a cheaper rate than his current transporter approaches him for a business deal. What do you think Ahmed should do in such a case?
A.
immediately discontinue services of the current transport person
B.
continue the services of the current transport person forever
C.
delay the payments of the current transport person so that he willingly discontinues his services
D.
wait until the contract with the current transport person ends before using the new transport person
Answer:
D) wait until the contract has ended
The best way to get a first-hand look at a job and its surroundings is _____.
a film about the company
a job-site visit
the internet
an interview
Answer:
2. a job site visit maybe??
HELP NOW PLEASE
how productivity is important to an economy
Answer:
Productivity increases have enabled the U.S. business sector to produce nine times more goods and services since 1947 with a relatively small increase in hours worked. With growth in productivity, an economy is able to produce—and consume—increasingly more goods and services for the same amount of work.
As the HR manager of an organization, how can you be fair in providing bonus payments to employees?
A.
fix bonus payments based on competitor salary standards
B.
provide the same percentage of bonus to all employees
C.
link bonus payments to employee performance and targets
D.
provide a bonus to employees based on their seniority
Answer:
link bonus payments to employee performance C
Find the simple interest paid.
9. Principal: $350
Annual rate: 4%
Time: 3 years
Interest
Answer:
$392
Explanation:
Using the simple interest formula....
A=P(1+rt)
A=350(1+(0.04)(3))
A=350(1+(0.12)
A=350(1.12)
A=350x1.12
A=392