Answer:
True
Explanation:
Collateral is an asset used as a guarantee or security for the payment of a loan. It assures the lender that a borrower will pay back the loan.
If an entrepreneur applies for a business loan, the bank will most likely demand collateral. The entrepreneur will need to offer an asset, either property or motor vehicle, that will act as a guarantee for the loan. Should the entrepreneur fail in repayment, the bank can sell the asset to recover their money.
Few, if any, will lend anyone money based on a business idea alone. Many banks will demand a business proposal to be backed with some guarantee to secure funding.
Communicating with people you know or meet to share information or advice about a job defines
a contact list
b. job leads
C. networking
d career fair
Answer:
C
Explanation:
Answer:
c
Explanation:
Which costs would be considered fixed costs?
Answer:
see below
Explanation:
Fixed costs consist of business expenses that remain constant throughout a financial period. The level of production does not influence these costs. Fixed costs are sometimes considered as the cost of staying in business. They have to be paid as long as the business is open.
For instance, administrative salaries have to be paid regardless of the level of production. Monthly rent to a store has to be paid even if no sales were made in a particular month. Other examples of fixed costs include depreciation, insurance premiums, and advertising.
Which one of the following business stakeholder groups can exert pressure on a business by imposing stricter credit terms, or by refusing to grant further credit?
A. D suppliers B. customers C. shareholders D. pressure groups
Answer:
A. D suppliers
Explanation:
Suppliers are traders who sell materials and other items to a business. Suppliers are stakeholders in any company that they supplier products or services. They have commercial interests as creditors to the company.
Because suppliers are the one's who sell to a business of credit, they are the only ones who can impose credit terms on the business. Suppliers may also relax the credit terms or deny the business credit facilities depending on their risk assessment of the company.
is your name darel 1234567890
Easy ways to learn BRS
Answer:
BRS is a Bank Reconciliation Statement:
1. COMPARE THE DEPOSITS
Match the deposits in the business records with those in the bank statement. Compare the amount of each deposit recorded in the debit side of the bank column of the cashbook with credit side of the bank statement and credit side of the bank column with the debit side of the bank statement. Mark the items appearing in both the records.
2. ADJUST THE BANK STATEMENTS
Adjust the balance on the bank statements to the corrected balance. For doing this, you must add deposits in transit, deduct outstanding checks and add/deduct bank errors.
Deposits in transit are amounts that are received and recorded by the business but are not yet recorded by the bank. They must be added to the bank statement.
Outstanding checks are those that have been written and recorded in cash account of the business but have not yet cleared the bank account. They need to be deducted from the bank balance. This often happens when the checks are written in the last few days of the month.
Bank errors are mistakes made by the bank while creating the bank statement. Common errors include entering an incorrect amount or omitting an amount from the bank statement. Compare the cash account’s general ledger to the bank statement to spot the errors.
3. ADJUST THE CASH ACCOUNT
The next step is to adjust the cash balance in the business account.
Adjust the cash balances in the business account by adding interest or deducting monthly charges and overdraft fees.
To do this, businesses need to take into account the bank charges, NSF checks and errors in accounting.
Bank charges are service charges and fees deducted for the bank’s processing of the business’ checking account activity. This can include monthly charges or charges from overdrawing your account. They must be deducted from your cash account. If you’ve earned any interest on your bank account balance, they must be added to the cash account.
An NSF (not sufficient funds) check is a check that has not been honored by the bank due to insufficient funds in the entity’s bank accounts. This means that the check amount has not been deposited in your bank account and hence needs to be deducted from your cash account records.
Errors in the cash account result in an incorrect amount being entered or an amount being omitted from the records. The correction of the error will increase or decrease the cash account in the books.
4. COMPARE THE BALANCES
After adjusting the balances as per the bank and as per the books, the adjusted amounts should be the same. If they are still not equal, you will have to repeat the process of reconciliation again.
Once the balances are equal, businesses need to prepare journal entries for the adjustments to the balance per books
Explanation:
BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $127,200 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 3.1% and SUTA taxes are 2.9% of the first $7,000 paid to its employee.
Answer:
a.
Taxes to be withheld from Gross Pay (Employee - Paid Taxes)
September Earnings Tax Rate Tax Amount
Subject to Tax
Federal Income tax $80.00
FICA - Social Security 800 6.20% $49.60
FICA - Medicare 800 1.45% $11.60
Total $141.20
FICA - Social Security = 800 * 6.2% = $49.60
FICA - Medicare = 800 * 1.45% = $11.60
b.
Date General Journal Debit Credit
Sep 30 Salaries Expense $800
Federal income tax payable $80
FICA taxes Payable - Social Security $49.60
FICA taxes Payable - Medicare $11.60
Salaries Payable $658.80
Salaries Payable = 800 - 80 - 49.60 - 11.60 = $658.80
what is jotaro kujo´s stand name? correct answer will get 5 stars, thanks, and brainlest.
Answer: stats
Explanation: I believe this is right but I’ve been wrong before
How does giving benefit both the giver and the receiver?
Answer: The benefits of giving are not only reaped by the gift receivers, but also by the giver themselves in terms of their health and happiness.
Explanation: I hope that helped.
Select the correct answer.
What is JROTC?
A.
An organization for future politicians
B.
A CTSO for future politicians
C.
A military officer training program
D.
An organization for future police officers
d is the correct answerrr
What was in the sealed box from the Virginia Company in England that the settlers
A opened once they arrived?
B guns and weapons for protection from Indians
C gold
D the names of the seven men who would be the leaders
E a map that showed where the gold was
Answer:
B
Explanation:
Answer:
The Virginia Company sent a list of seven qualified men who could serve on a council and be the leaders. The company leaders did this because they knew the men would have a hard time agreeing on who should be the leaders.
Explanation:
is dispute a letter?
In the space below, explain how you can access the character map in Word 2016 using a complete sentence.
Answer:
Following are the solution to this question:
Explanation:
This method through clicking the "Start" key and select mostly on Software sub-menus, but instead clicking mostly on Accessories submenus of its Programs menu, and afterward the System Tools character sub-menu, select the "System Tools;" then click on the "Tools" key of the "Tools" table to display the actor application.
In Windows 10 you also can access that Character Map by pressing, that Windows icon, then click mostly on Character Chart to view, that Character Map button.
Answer:
Click Start, point to Settings, click Control Panel, and then click Add/Remove Programs. Click the Windows Setup tab. Click System Tools (click the words, not the check box), and then click Details. Click to select the Character Map check box, click OK, and then click OK.
Explanation:
support Microsoft
Please Help!!!!!!!!!!!!!!!!
Answer:
Explanation:
james is approachable, does not have ego issues an is always avaliable to help his team mates.
james is a good facilitator is known to take the right decisions at thet right time without hesitation .
james is resourceful. always comes up with a soulution even in the most difficult situations.
james is confident. welcomes without any resistance
Select the correct answer.
Which of the following is an example of professional development for a cosmetologist?
А.
keeping the same clientele over several decades
B. highly recommending hairstyles from previous years
C. getting trained to use a new beauty product that is now on the market
D.
all of the above
PLZ HELP
Antoinette is researching the importance of dress codes in the workplace.
What would most likely be a reliable source?
A. Article published 20 years ago
B. Fashion blog
C. Website written by unknown author
D. Government agency report
Answer:
D. Government agency report
Explanation:
D. makes the most sense!! Good luck!
Answer: D. Government agency report
Explanation: test
Why do manufacturers save money if they produce just enough to meet demand?
Costs to warehouse unsold inventory goes down.
Costs of raw materials increase when purchased in bulk.
Production workers can be unskilled.
Delivery schedules are reduced.
Answer:
Costs to warehouse unsold inventory goes down.
Explanation:
By producing sufficient quantities to meet demand, a business avoids costs associated with storing unsold inventory. In this case, unsold inventory refers to finished products waiting to be sold. If the business does not have a lot of unsold inventory, it will not incur some unnecessary cost, including
Warehousing associated costs such as lighting, refrigeration, cleaning, labor, and sometimes rent to the storage facility.Unsold inventory ties a lot of capital. The costs of production are held up in unsold inventory. The business has to consider the opportunity cost of holding the unsold inventory.Most businesses operate on borrowed capital. Unsold inventory means the interest on loans will increase. There is the risk of damages and pilferage of unsold inventory held at the warehouses.Answer:
A. Costs to warehouse unsold inventory goes down.
Explanation:
Got it right on edge 2022!
Why did Guardbark want people to not disturb the trees?
He wanted the trees to be left alone because they give us oxygen and are the habitats of lots of diverse species.
Why trees are important?Over 80% of the world's terrestrial biodiversity may be found in trees, which also help clean the air we breathe, filter the water we drink, and offer habitat. Over 1.6 billion people have worked thanks to forests, which also remove dangerous carbon from the environment and serve as a major component of 25% of all pharmaceuticals.
The existence of several huge creatures depends on trees. Trees are employed as sources of nutrition, shelter, and breeding grounds. Numerous animals also utilize trees as places to rest, build nests, and as vantage points from which to hunt or catch prey. Animals can benefit from delectable fruits and foraging possibilities when the trees reach maturity.
Thus, these were the reasons he wanted people to not disturb the trees.
Learn more about the importance of trees. here:
https://brainly.com/question/18251106
#SPJ2
State the various purposes that an environmental impact statement must serve.
Answer:
An environmental impact statement, under United States environmental law, is a document required by the 1969 National Environmental Policy Act to protect the environment.
Therefore, the main purpose of an environmental impact statement is to make sure that the policies in the Act is implemented.
It also lists out the various endangered species in the area on either private or government territories and how best to preserve them from extinction.
Pls help me answer these 2 questions for my Econ Test on Tuesday plzzzz!!!!
1) What is the difference between Fixed Resources and Variable Resources?
2) What is the difference between Short Run and Long Run?
Answer:
1: A fixed resource is any resource that will always be available with a room arrangement where as Variable resources are electricity producers whose output amount and availability can vary due to the nature of fuel being used - for example, wind, solar, or run-of-river hydro. .
2: The short run is a period of time in which the quantity of at least one input is fixed and the quantities of the other inputs can be varied where as the long run is a period of time in which the quantities of all inputs can be varied.
Explanation:
hope it helps!
Harry’s shoe store has noticed a significant increase of revenue of $123,000. The manager has also determined that the total expenses equal to $128,000. Will this business net a profit or loss? _____ How much of a profit or loss?_____
Answer:
Net loss; $5,000
Explanation:
$123,000 (income)
- 128,000 (expenses)
_________________
-5,000
what life? and how are you
Answer:
life is evrthing on earth that is living or requires certain things to live and If you want a lie im awsome.
I NEED HELP PLEAASEEE
I think it is coupons. You are right
If you are using your factors of production at 100% efficiency, you will be A. on the curve B. at the top of the curve C. at the bottom of the curve D. inside the curve
Answer: A. On the curve.
Explanation:
Production possibilities curve (PPC) is simply a graphical representation that is used to show different combinations of two goods which a particular economy can produce when the economy uses the resources it has efficiently.
Points on the curve shows that the resources in an economy are efficiently used, points on the interior of the curve shows that the resources are used inefficiently while the points that are beyond the curve shows are referred to as unattainable.
Therefore, if you are using your factors of production at 100% efficiency, you will be on the curve.
The answer is A.
List 3 physical side effects of anger/stress and explain how they can impact your driving.
Answer:
um Speeding.
Tailgating.
Harsh braking or cornering.
Changing lanes erratically.
Jumping red lights
Explanation:
is this ok for u
The atmospheric pressure at a place is 650 mm of Hg. Convert this pressure
into pascals (Pa). Given, density of Hg = 13,600 kgm.
Ans Solution
Explanation:
New shoes are on SALE. You find a pair you like for $85 dollars. But you only have $45 with you. So, you pay $40 and charge the balance. At 8% interest, what will the balance owed be in six months? (Assume no payments made and simple interest.)
Answer:
$46.8
Explanation:
The shoe is worth $85. You pay a deposit of $40. The balance is $45.
So $45 is charged at 8% interest for six months.
Simple interest I= p x r x t
In this case, p is $45,
r is 8%
t= 6 months or 0.5 years
I = $45 x 8/100 x 0.5
I= $45 x 0.08 x 0.5
I=$1.8
The total amount owed will be $45 + $1.8
=$46.8
Answer:
dsada
Explanation:
Marta is interviewing candidates for a position in the Human Resources department at her company. She is deciding who to interview by going through resumés and looking at the subject areas in which each candidate studied. Which four candidates would be the best choice for Marta to interview?
Ahmed, who studied mathematics and economics
Michelle, who studied psychology and physiology
Marisol, who studied communications and business
Jackson, who studied liberal arts and foreign languages
Answer: Michelle, who studied psychology and physiology
Explanation: Human resources is the area of a company that is responsible for organizing and maximizing the performance of human capital, that is, employees. Psychology is the science in charge of human behavior and to be able to enhance the skills of employees it is important to know their behaviors and the culture that is carried in the company, so Michelle would be the ideal candidate for the position.
Answer:
B: Michelle, who studied psychology and physiology
Explanation:
A food worker suspects there are mice in the food establishment.
w
What evidence should she report to her manager?
O a. Faulty equipment
O b. Sick food workers
O c. Broken floor tiles
O d. Gnaw marks on a box
why do private sector firms seeking profit will allocate scarce resources to the production of goods and services and will it be able to make good quality products for consumers?
Answer:
Markets use prices as signals to allocate resources to their highest valued uses. ... Businesses also have dual roles—they supply goods and services and demand resources. The interaction of demand and supply in product and resource markets generates prices that serve to allocate items to their highest valued alternatives.
Explanation:
Hope this helped.. ;)
The "E" in ALERT stands for Employees and reminds you to (Choose all answers that apply)
A. Know who (which employees) are in your facility.
B. Limit employees access to prep & storage areas.
C. Conduct background checks and verify credentials.
D. Test employees knowledge of allergens.