An income statement reports information over a period of time, indicating the financial progress of a business in earning a net income or net loss. (PG 182)
Answer:
True
Explanation:
An income statement is among the three important financial statements that a business prepares at the end of every financial year. It is divided into three main sections of revenues, expenses, and income.
The revenue section lists all sources of revenues and any adjustments to obtain the net revenue. The expenses section shows all business expenses and their total. The income section is the difference between revenue and expenses. A positive income means the made profits, while a negative income indicates losses.
How can interest rate fluctuations impact a nation's economy?
Higher interest rates tend to attract foreign investors.
Lower interest rates limit credit availability for residents of a country.
Higher interest rates trigger intervention from the WTO and IMF.
Lower interest rates raise the value of a country's currency.
Answer:
A. Higher interest rates tend to attract foreign visitors.
Explanation:
I just took the test.
Dennis Company purchases Miles Company for $4,200,000 cash on January 1, 2015. The book value of Miles Company's net assets reported on its December 31, 2014 financial statement was $3,800,000. An analysis indicated that the fair value of Miles's tangible assets exceeded the book value by $600,000, and the fair value of identifiable intangible assets exceeded book value by $320,000. What amount of gain or goodwill is recognized by Dennis
Answer: $520,000
Explanation:
The amount of gain or goodwill is recognized by Dennis would be calculated as:
Book value of net asset = $3,800,000
Add: Increase in the fair value of Miles's tangible assets = $600,000
Add: Increase in the fair value of identifiable intangible assets = $320,000
Fair value of net asset = $4,720,000
Less: Cash paid for purchase = $4,200,000
Gain = $4,720,000 - $4,200,000
= $520,000
A dealer in U.S. government securities quotes a 5-year Treasury note at 89.12-89.16. In dollars, that represents a spread of
Answer:
0.00125
Explanation:
In order to determine the spread of the dealer's quote, there is a need to undertstand that the first price quoted is known as bid price, which is the price the dealer is willing to purchase the securities while the second one is the ask price, the dealer's selling price.
From a conventional point of view(norm), the spread is the ask minus the bid price divided by 32 as shown thus:
spread=(89.16-89.12)/32=0.00125
3. Which of the following is not a characteristic of a service? (1 point)
O marketability
O variability
O inseparability
O intangibility
Answer:
marketability is not correct
Explanation:
Four characteristics of service are;
intangibility,
inseparability,
variability and.
perishability.
The characteristic of the service does not include marketability. As services are intangible so they are not marketed or shown to the customer physically.
What is service?
Someone or something that is intended to assist individuals who are assisting others is defined as a service. Services are not physically presented or seen by the people.
It is the experience felt by the customers.
Thus, option A is correct.
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Yuto owns a souvenir shop in Tokyo. He wants to reach English speaking tourists in his city during certain hours of the day. Which three areas of his Search campaign does Yuto need to adjust to achieve this goal? (Choose three.)
Answer:
Location targeting
Ad scheduling
Language targeting
Explanation:
Yuto try three new and improve methods, Location targeting , Ad scheduling ,Language targeting to reach English speaking tourists.
By using these techniques, Yuto focus on specific target and specific location for target his tourist .
The three areas of his Search campaign does Yuto need to adjust to achieve this goal are location targeting, language targeting, and Ad scheduling. The correct options are options B, C, and E.
Language targeting allows one to target the ads to people who use third-party sites based on the language they speak.
An ad schedule is a schedule that allows one to show ads or modify bids during specific times. One can create up to 6 ad schedules in an account per day, per campaign.
Location targeting allows one to choose where he/she wants to display an ad. By default the ads can be shown to people who are in, regularly visit, or have expressed interest in the desired locations.
Thus, the correct options are B, C, and E.
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The given questions do not have the options mentioned. The complete question is given below.
Yuto owns a souvenir shop in Tokyo. he wants to reach English-speaking tourists in his city during certain hours of the three areas of his search campaign does Yuto need to adjust to achieve this goal? (choose three.)select 3 correct responses shared
A) budgets ad
B) scheduling language
C) targeting network settings
D) location targeting
Loss of value due to a property's features or appearance going out of style or being replaced by a more appealing, effective version is called:
Answer:
Functional obsolescence
Explanation:
In simple words, Functional obsolescence can be understood as the drop in the functionality or attractiveness of an entity owing to an obsolete design component which can not be quickly adjusted. Depending on sector, the use of the word varies.
The measure is the discrepancy among the replacement expense within and against the treatable object as of the point of measurement with respect to a practical obsolescence loss that prevents anything.
What is a company doing if it requires customers to buy multiple products from that company to obtain the one product that the customer truly wants?
practicing predatory pricing
engaging in nonprice competition
working around antitrust laws to gain control over the market
using deregulation
Answer:
The company is trying to work around antitrust laws in order to be at the top of the market.lanation:
Answer:
engaging in nonprice competition
Explanation:
if im wrong comment
__________ utility is the benefit marketing provides by allowing the consumer to own, use, and enjoy the product.
Answer:
Possession
Explanation:
POSESSION UTILITY can be defined as the type of Utility in which a person derived a value for owning a product reason been that POSSESSION UTILITY give such person who purchased a product the right to own the product by enabling such person to possess the ownership of the product and to use the product . Example a person who purchased a car bought it for the purpose of driving it around which means that such person has the POSSESSION UTILITY to own the car , drive the car and enjoy the car thereby deriving a value for owning the car .
The situation that allows the broker to appoint one or more agents for the client within the same firm, is called
Answer:
Designated agency.
Explanation:
These form of professionals are seen to be run professional duties in several contracting agencies where they are assigned to. This can be seen in real estate, marketing firms, culinery agencies etc. But the above case discuss about brokers. And here this contracting firm is seen to a certain number of workers to a particular firm. In many cases, these agencies do these in a bid to circumvent the conflict of interest inherent in dual agency.
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Compound interest is usually better than simple interest because it pays
A: interest on the principal and the interest earned in each period.
B: interest on the entire principal rather than the interest in each period.
C: more, as it is matched by an employer’s 401k contribution.
D: more often throughout the year rather than once a year.
Compound interest pays interest on the principal and the interest earned in each period.
Option A. is correct.
Define Compound interest.Compound interest is a type of interest that pays interest on both the principal or the interest earned over time.
Because compound interest is paid on both the principal or the interest gained in each period, it is frequently preferable to simple interest.
So, option A. is correct.
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Interest on the principal and the interest earned in each period is the reason of Compound interest is usually better than simple interest. Hence, option A is correct.
What is simple interest?Simple interest is the simple way of calculating of the interest of the loan or anything. The daily interest rate, the principle, and the number of days between payments are multiplied to calculate simple interest.
The formula of simple interest is SI = P × R × T, where P = Principal, R = Rate of Interest, and T = Time period.
Thus, option A is correct.
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Explain why we cannot calculate a country's Gross National Income (GNI) simply by adding up the output of all
businesses in the country. Give appropriate reasons for your answers.
Answer: See explanation
Explanation:
Gross national income (GNI), is simply refered to as the amount of money that the people and businesses of a particular country earns for the year. It is calculated as the addition of the gross domestic product (GDP) of w country plus the net income from abroad.
We cannot calculate a country's Gross National Income (GNI) simply by adding up the output of all businesses in the country because it will not take into consideration what other citizens of the country that are in other country does and this ultimately will result in a wrongful value of the GNI gotten.
________ means the receiver of the message has become mentally engaged in some way with the ad and the product.
Answer:
Interest
Explanation:
I majored in Business
Which is better 21 jump street or 22 jump street?
Answer:
according to my calculation its 21.
Explanation:
Explain how insurance companies use statistics.
Answer:
Statistics is used to determine what risk an insured poses to an insurance company, what percentage of policies is likely to pay out, and how much money a company can expect to pay out in claims
Nokia's dramatic operational change and demonstration of organizational adaptability in transforming their business from wood pulp and logging to communications is one of the best examples of which innovation characteristic
Answer: Thinking laterally
Explanation:
Lateral thinking simply refers to an indirect way of solving problems. It typically involves a new and creative way of doing something.
This can be seen in Nokia's dramatic operational change and demonstration of organizational adaptability in transforming their business from wood pulp and logging to communications.
Lateral thinking is a new and innovative wa of doing something that's quite different from how others do it. This usually gives an organization a competitive advantage over its rivals.
This table shows the descriptions of careers of three individuals.
Individual
Career Descriptions
Derek
Drives a mobile running store in a van that sells racing gear to runners at running events, such as marathons
Taylor
Stands by the entrance and exit of a retail shoe store and collects money for the merchandise that customers are buying
Rashida
Oversees that the aquariums for a fish tank store are made, stored, and transported according to schedule
Which best describes the career each individual has?
Derek is a Driver/Sales Worker, Taylor is a Customer Service Representative, and Rashida is a Supply Chain Manager.
Derek is an Entrepreneur, Taylor is a Cashier, and Rashida is a Survey Researcher.
Derek is an Entrepreneur, Taylor is a Customer Service Representative, and Rashida is a Survey Researcher.
Derek is a Driver/Sales Worker, Taylor is a Cashier, and Rashida is a Supply Chain Manager.
Answer:
Derek is a Driver/Sales Worker, Taylor is a Cashier, and Rashida is a Supply Chain Manager.
Explanation:
Derek's core mandate is to sell racing gear. The vans act as his store. Dereck can be best described as a salesperson or a sales worker. Because he drivers his van around, he is a driver/sales worker.
Taylor is assigned the role of collecting money from customers who buy merchandise. He has to ensure every customer pays the collect amount and is given the right change if there is a need. The functions of Taylor are those of a cashier.
Rashida supervises the making and delivery of aquariums fish tanks. He controls and directs the actions of others to ensure objectives are met. Rashida is a supply chain manager as this role revolves around ensuring customer orders are delivered on time.
An individual's liability for unauthorized credit card charges is much higher than an individual's liability for unauthorized debit card purchases, regardless of when the fraud is reported. * 2 points True False
What is the most financially dangerous way to pay for college?
A.Scholarships
B.Cash
C.Credit cards
D.Federal students loans
Answer:
I think it would be credit card
Explanation:
I don't know if I'm correct though
Credit cards is the most financially dangerous way to pay for college. Fees and interest charges are possible. person will be legally obligated to repay debt.
What is one reason why credit cards can be dangerous?Using credit cards and not paying them off on a monthly basis can harm credit. Aside from the high interest rate, the major disadvantages of using credit.
When a person don't have the cash to pay it off later include damaging credit, straining relationships with family and friends, and, ultimately, bankruptcy.
Thus, option C is correct.
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which type of life insurance policy is best suited for paying off the outstanding balance of a 30-year mortgage in the event of the insured's death
Answer:
30-year decreasing term
Explanation:
Life insurance can be regarded as a form of insurance contract that exist between insurance policy holder as well as an insurer, in this case the insurer pledge some payment of amount of money so that he/she can get premium whenever the insured person dies. It should be noted that a 30-year decreasing term life insurance policy is best suited for paying off the outstanding balance of a 30-year mortgage in the event of the insured's death
A building was constructed in August 1999 for $2,340,000. The cost index at that time was 192.3. The current cost index is 302.1. What is the indicated cost new of the building today
Answer:
$3,676,100
Explanation:
in base year dollars, the building costed $2,340,000 / 1.923 = $1,216,849
if today's cost index is 3.021, then it should cost $1,216,849 x 3.021 = $3,676,100 to build the same building.
The cost index is used to adjust inflation, since costs tend to increase a little every year, you need some type of index to compare costs over different periods of time.
what are the advantages and disadvantages of allocating the resources ?
Answer:
The advantage of allocating resources in the public sector is that resources can be produced based on demographic needs.
The disadvantage of allocating resources is that there is room for corruption if the wrong individuals are chosen.
Explanation:
hope it helps
Think of a successful business and research the founding of that business. What successes could you learn about from that business?
Answer:
Explanation:
There are many successful businesses that have risen from nothing. One business that stands out was the website X which is now known as Paypal. Looking at this business and many other successful ones I have learned that making a business successful relies on two main factors. Whether or not your product/service solves a real-life problem, and if you have your correct target audience. Getting both of these two factors correct almost guarantees that your business will be a success assuming you put in the effort.
What would you do if fear was not a factor and you could not fail?
Answer:
I would take advantage while it still lasts
Explanation:
but in real life that actually is a thing to I cry myself to sleep
For each employee, you are required to pay 1.45% federal Medicare tax and 6.2% federal Social Security tax. If an
employee makes $25,000 per year, how much must you pay in these two taxes?
Answer:
A) $1,912.50
Explanation:
Both the federal Medicare tax and federal social security taxes are calculated based gross pay.
The medicare tax will be
=1.45% of $25,000
= 1.45/100 x $25,000
=0.0145 x $25,000
=$362.5
Social security tax will be
=6.2/100 x $25,000
=0.062 x $25,000
=$1,550.00
Total taxes = $1550.00 + $362.50
=$1,912.50
How long would it take to double your money in an account that paid 6% per year
Answer:
depending on how much you put in there to start with but 5 to 10 years
What kind of network might you have at home?
A.
LAN
B.
WAN
C.
Wireless
D.
Intranet
Answer:
d
Explanation:
intranet
D intranet
I know this because I am very smart
Seller Mary is currently under an exclusive buyer agency agreement with Broker Sam. She meets Broker Adam at a soccer game and they discuss real estate trends. What action can Adam take, if any, when Mary contacts him and asks Adam to help her find a home
Answer:
just ask your teacher, thats what they are there for
Explanation:
Goodnight y’all ! I just wanted to tell y’all that
Good night
Explanation:Have a sweet drem
In the ________, the perfectly competitive firm will react to losses by __________________________ .
Answer:
Lon run, Increasing it's Production
Explanation:
I majored in Business