Answer:
1. Which amount related to this purchase should be recorded in the accounting records?
d. 160,000.According to the historical cost principle, assets must be recorded at their original purchase price, only accumulated depreciation can adjust their value.
2. The resources owned by a business are its _____.
c. assets.Assets are all the resources a business uses to carry out their normal business activities and operations.
3. The rights and claims of creditors on a company's assets are represented by _____.
a. liabilities.Liabilities represent all the debts that a company has.
4. Which element of the accounting equation represents the rights of owners?
b. owner's equity.Equity refers to the part of a company owned by its stockholders or owners. A company can finance itself through all equity, or it can have a mixed financing structure with equity and debt (liabilities). The investment made by the owners of a company is represented by the equity part of the balance sheet.
Both Coca Cola and Benetton are global enterprises. Conduct online research and answer the following questions: What characteristics do these two firms display that qualify them as global enterprises?
Answer: here’s a photo of sample answer
Explanation:
Answer:
Both companies (Coca Cola and Benetton) registered as corporations, and both have a worldwide footprint across a number of countries. Both companies registered under the Companies Act of the respective countries in which they maintain a presence, and both abide by the laws and regulations of each nation.The companies operate on a large scale with huge investments in research and development, machinery, plants, and capital. They have numerous business functions that include marketing, manufacturing, market research, advertising, finance, and many more. They simultaneously work toward their core missions of generating profits, satisfying the needs of their customers, and continuously expanding their presence in current business markets and additional nations. They both raise capital from stock exchange markets.Both firms provide employment opportunities in their host nations and provide good quality products at moderate local rates. They also help in transferring resources such as raw materials and technology from advanced nations to the nations in which they operate.
Explanation:
can you ask the owner of brainly if he could give me $100,000 this is not a prank
Answer:
Im pretty sure they can't do that
Explanation:
Because its a learning app not a money making app.
why can customers need change
The price of mangoes is currently $5.00 per pound. At this price, producers are supplying 4,000 pounds of mangoes. Point C on the graph shows the current equilibrium price and quantity. To which point will the equilibrium shift if the demand increases suddenly because of a non-price determinan
t of demand?
Answer:
yes
Explanation:
Answer:
Point "B"
Explanation:
The following rule of thumb is to follow your equilibrium point. D2 "Demand Curve 2" and S1 "Supply Curve 1" illustrates how demand increases because of a non-price determinant.
mention three effects of fraud on the fraudster
Answer:
1. A typical organization loses approximately 5 percent of its annual revenue to fraudulent acts
2..Fraud always involves deception, confidence, and trickery.
3..Fraud lowers organizations' net income dollar for dollar. To recover these costs, consumers and individuals pay more for goods and services
Explanation:
Please mark me as brainlist answer
And I hope it will help you
For each transaction, enter a plus sign (+) in the appropriate column if the account classification asset, liability, or owner's equity is increased. Enter a
minus sign (-) in the appropriate column if the account classification is decreased. Both a plus sign (+) and a minus sign (-) can be entered, if
necessary
Trans. No. Assets = Liabilities + Owner's Equity
1
2
3
4
Save & Continue
Continue without saving
hp
Answer:
the question is incomplete, so I looked for similar ones:
Transactions: 1. Bought supplies on account. 2. Received cash from owner as an investment. 3. Paid cash for prepaid insurance. 4. Paid cash on account.
1) When you buy supplies on account, both assets (supplies) and liabilities (accounts payable) increase.
2) When a company receives cash from its owners, its assets (cash) and equity (paid in capital) increase.
3) When a company pays cash for insurance, total assets will not be affected because on asset account (cash) will decrease while other asset account (prepaid insurance) will increase.
4) Paying cash in order to cancel or partially pay for accounts payable will decrease both assets (cash) and liabilities (accounts payable).
Assets = Liabilities + Owner's Equity
1) + +
2) + +
3) + / -
4) - -
Hospital services are provided by the government and paid for through taxation. People cannot always get the treatment they require because of long waiting lists. What is an example? A. external cost B. market system C. perfectly inelastic supply D. scarcity
Answer:
D: scarcity
Explanation:
"Financial resources are the lifeblood of any office." Justify this statement.
Answer:
This phrase states that financial resources are very important in any company, it represents "the lifeblood". In order to grow, any company needs financial support. The lack of money leads to problems within the company.
They are boosting production, generating jobs, and taking advantage of local and international economic prospects.
What is a resource?A resource is any material that is obtainable to that in our surroundings that is commercially feasible, physically accessible, and environmentally desirable and that enables us to meet my wishes and needs.
Because banking is the golden key that grants all the resources necessary for someone to be engaged in producing and marketing processes, finance is regarded as the pulse of an industry. Effective financial administration is essential to a company's development.
Whatever the size of something like the organization, accounting is believed that it is the soul of a sector because it's necessary for all managers of a firm to achieve their objectives. When a company idea, financing is required from the outset.
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Discretionary income might be used to buy which items?
Answer: Movie Tickets
Explanation:
an example of economic profit motive
What is labor? give one example
Answer:
Work
Explanation:
Factors that influence pricing
how do you manage scarce resources?
By setting the rations ahead of time and sticking to the intended plan as best as possible. Understand your limits to know how to measure the resources.
A dometic firm may decide to contract for the production of its goods by established foreign manufacturer. Such pricate-label manufacturing by a foreign company is called
Answer:
Contract manufacturing.
Explanation:
A domestic firm may decide to contract for the production of its goods by established foreign manufacturer. Such private-label manufacturing by a foreign company is called contract manufacturing.
Contract manufacturing involves the process of outsourcing a company's manufacturing business, such that a foreign company engages in the production of a private-label product which are then primarily marketed or distributed by a domestic company under its own brand name.
This ultimately implies that, it is a manufacturing process which involves the production of goods by a company under the brand name of another company.
What is the difference between Product
Markets & Factor Markets?
Answer:
The primary difference between product markets and factor markets is that factors of production like labor and capital are part of factor markets and product markets are markets for goods. ... Anything used in making a finished product—labor, raw materials, capital, and land—make up a factor market.
Hope it helps you⚛☸.Thanks....
In a market system the allocation of scarce goods involves the consideration of:_____.
a. what must be sacrificed in using a resource for its next-best use.
b. identifying the possibility of professional advancement.
c. the time required to pursue an economic activity.
d. the dollar cost of any good or service.
Answer:
a. what must be sacrificed in using a resource for its next-best use
Explanation:
The distribution of the scare resources or goods in the market system could consist of the consideration that could be sacrificing of a resource for the best use in the next time
So here in the given situation, the option A is correct as it fits to the given scenario and all the other options that are given are to be ignored as they are not relevant
Therefore the correct option is A.
There is a difference between Ethics and Law.
Write a paragraph explaining what ETHICS are and write a paragraph explaining what the LAW is.
Then write a paragraph on how ethics and law are similar and write a paragraph on how ethics and law are different.
You will be writing a total of 4 paragraphs. In your explanation paragraphs, you should include examples as well.
Answer:
Ethics are a thing of morals. They are someone's beliefs and opinions on what is right and wrong, and differ from person to person. Ethics are decided based on a persons upbringing, experiences, and social status; other things also play a part, but these are usually the most decisive factors. Ethics govern one's behaviour; people live their lives in many different ways based on these principals, despite the fact that a lot of the time there is no law telling them to, e.g. someone not swearing because they think it's wrong, despite there being nothing prohibiting them from doing so.
Law is the system of rules which a country and its inhabitants must abide. Laws are in place to make everyone behave "correctly", and while they do limit the actions of many, some do break them. If a person refuses to follow the law, or breaks one of them, they are punished either with a fine, jail time, and in some places, death.
Both ethics and law are meant to stop someone from behaving a certain way. They are both a set of rules, and while some of those rules are bent or broken in both cases, for the general population they do their job in making sure the person they're trying to control actually listen. You could also say both come with the threat of penalty if disobeyed; breaking the law is often followed by fines and sometimes jail time, breaking your ethics is often followed by intense feelings of guilt and sometimes effects on ones mental health.
However, unlike ethics, laws do not differ from one person to another, and are the same for everyone living in the subject country. For example, the law prohibiting murder applies to everyone, but the ethical choice not to smoke doesn't. Both have effects on peoples lives and how we all behave, but law is imposed by the government and is something that must not be broken, while you personally decide whether or not it's okay to break your morals; your ethics change as you grow and mature as a person, your laws do not.
Step-by-step explanation:
i hope this is okay! i dont take this subject but ive been told im okay at writing, so im hoping it makes enough sense. its like 3am for me so im putting any spelling or grammar mistakes down to that lol. sorry if its not right! have a nice day/night
What is form utility?
...help
Answer:
Utilities mean useful features, or something useful to the home such as electricity, gas, water, cable and telephone. Examples of utilities are brakes, gas caps and a steering wheel in a car. Examples of utilities are electricity and water.
hope this helped you
please mark as the brainliest (ㆁωㆁ)
Answer:
Form utility refers to how well a product or service meets the customer's needs.
Can someone answer this question please please I don’t know how to do it and it’s to tonight please
And please show the work please
Answer:
1) 5
2) 2
3) 3
4) 3
5) 4
6) 18
7) 8
8) 16
9) 10
10) 33
Explanation:
1) 10/2 = 5
2) 4/2 = 2
3) 6/2 = 3
4) 9/3 = 3
5) 12/2 = 6, 24/6 = 4
6) 6/2 = 3, 6*3 = 18
7) 16/4 = 4, 32/4 = 8
8) 32/8 = 4, 4*4 = 16
9) 20/2 = 10, 1*10 = 10
10) 22/2 = 11, 11*3 = 33
HOPE THIS HELPS! CAN I GET BRAINLIEST PLEASE? THANKS!OSHA Part 1926 Subpart K covers the safety and health regulations for which of the following?
O Personal protective equipment
O Electrical work
O Welding and cutting
O Toxic substances
Answer:
the answer is electrical work
Explanation:
um I just looked it up to be honest
Why should you memorize your social security number rather then carry your social security card in your wallet? Explain why you will need to provide your social security number to employers
Answer:
Hmm.
Explanation:
Why should you memorize your social security number rather than carry your social security card in your wallet?
One big reason why you should NOT carry your social security number on you is that you could get robbed at ANY moment. And if someone has your Social security number, then they could slander your name.
Explain why you will need to provide your social security number to employers.You will need to provide your social security number to employers because they need to make sure that you are you.
'Why do employers need my social security number? If an employer decides to extend you an offer, they will eventually need your social security number to verify your identity and work authorization and perhaps to complete a background check. However, they don't need it in the initial hiring phase.'
Answer:
One big reason why you should NOT carry your social security number on you is that you could get robbed at ANY moment. And if someone has your Social security number, then they could slander your name.
Explanation:
The tax rates for a particular year are shown below: Taxable Income Tax Rate $0 – 50,000 15 % 50,001 – 75,000 25 % 75,001 – 100,000 34 % 100,001 – 335,000 39 % What is the average tax rate for a firm with taxable income of $130,513?
Answer:
The average tax rate is 26.17%
Explanation:
The computation of the average tax rate having the taxable income is $130,513 is shown below:
$50,000 × 0.15 = $7,500
$25,000 × 0.25 = $6,250
$25,000 × 0.34 = $8,500
$30,513 × 0.39 = $11,900.07
Tax amount is $34,150.07
Now the average tax rate is
= Tax amount ÷ taxable income × 100
= $34,150.07 ÷ $130,513 × 100
= 26.17%
Hence, the average tax rate is 26.17%
Customers can be internal or external to an organization.
O False O True
Answer:
true
Explanation:
Customers can be either internal or external to an organization. Hence the given statement is true.
Internal customers are people or divisions within the same company who purchase goods, services, or information from other people or divisions within the company. As an illustration, as part of the internal workflow, many divisions inside a firm could offer services or transport goods to one another.
On the other hand, external clients are people or organizations that do business with the organization but do so on an unofficial basis. These could be people, other companies, clients, consumers, or any other parties that interact with the organization's goods or services on a non-internal basis.
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To arrive at an economic decision, a decision-making grid may be used to evaluate
To arrive at an economic decision, a decision-making grid may be used to evaluate Alternative choices of action. Thus the correct option is A.
What are economic decisions?Economic decisions of the country is based on the economy which is calculated by determining the production and consumption that takes place within a specified period.
This economy reflects the economic resources which are useful in making economic decisions based on savings and investment as well as the distribution of commodities that takes place in a country.
To determine the best decision, alternative options should be evaluated in decision making a grid to make optimum utilization of resources and make an effective decision that helps in achieving growth.
Therefore, option A is appropriate.
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Which is an example of an effective study skill?
Answer:
Teaching or asking a study partner the questions.
Explanation:
When you teach someone you take in the knowledge better and get to help someone else out.
What does health insurance cover? If you pass will they help with funeral cost?
Answer:
Funeral or bereavement expenses aren't considered medical expenses and can't be paid for using funds from a Medical Savings Account plan.
What are sets in set A and not in set B and C called?
Explanation:
Set Difference: The relative complement or set difference of sets A and B, denoted A – B, is the set of all elements in A that are not in B. ... Then the set difference of A and B would be the $407 remaining in the checking account. Example: Let A = {a, b, c, d} and B = {b, d, e}. Then A – B = {a, c} and B – A = {e}.
Common Symbols Used in Set Theory
Symbols save time and space when writing. Here are the most common set symbols. In the examples C = {1, 2, 3, 4} and D = {3, 4, 5} Symbol. Meaning.
Which of the following is an example of the ethical issue of gift-giving in the
health care industry?
Answer:
Patient Privacy and Confidentiality. The protection of private patient information is one of the most important ethical and legal issues in the field of healthcare. ...
Transmission of Diseases. ...
Relationships. ...
End-of-Life Issues
etc.
Answer:
A doctor prescribes medication to patients after the pharmaceutical company present tickets to a basketball game to the doctor.
Explanation:
good luck with your homework <3
Indicate which situations would require Zenda Company to record revenue in the current period.
Answer:
c & d
Explanation:
Option includes "a. Zenda is paid in advance for services to be performed in the next period. b. Zenda signs a contract with a customer to perform services in a future period. c. Zenda performs services for cash. d. Zenda performs services on account."
Only Zenda Company performance of services for cash and on account will be recognized and will be recorded as revenue in the current period.
You are a manager for an office supply company. Your son needs supplies for a science project due by the end of the week. It will be another week before you get paid. What should you do?
Answer:
register this as a credit transaction waiting for payment processing
Explanation:
The best thing to do in this scenario would be to take the supplies and register this as a credit transaction waiting for payment processing. That way there is a financial journal entry stating where the supplies went and that they are not missing. Then when you get paid next week you can simply pay for the supplies and change the transaction as completed/paid.