Answer: c. To reduce the balances of revenue and expense accounts to zero so that they may be used to accumulate the revenues and expenses of the next period.
Explanation:
Closing entries are the journal entries that are made at the end of an accounting period in order to be able to transfer temporary accounts to the permanent accounts.
The primary purpose of closing entries is to reduce the balances of revenue and expense accounts to zero so that they may be used to accumulate the revenues and expenses of the next period.
Therefore, the correct option is C.
Management career skills include managing _____.
time
personnel
finances
all of the above
Answer:
the correct answer is finances
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?
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
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.
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.
When using your debit card, ask your bank to block any --------- on your account.
Answer:
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Explanation:
Explain why the bank has asked to see your business financial records?
Answer:
They might be looking for a higher level of comfort as the loan exposure grows,
Explanation: None
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
PLEASE do your best on these questions, it’s 75% of my grade
Answer:
C
Explanation:
Im pretty sure its C. Everyone has to sign a lease when renting something
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.
HELP ASAPPPPP WILL GIVE BRAINLIEST!!!! Question in pic. Then explain your reasoning
Answer:
because i need to school
1, xyz company cost function for the next four month is cost =500000+5Q A, find the BE dollar volume of sale is the selling price is birr 6/unit B, what would be the company cost is it decides to shutdown operation for the next four month
Answer:
Break Even point Q = 500000
Shut Down Point P < 5
Explanation:
Break Even point is where Total Revenue = Total Cost.
Total cost = 500000 + 5Q, price = 6 (Given) , Total revenue = Price x quantity
So, TR = TC implies : 500000 + 5Q = 6Q → 500000 = 6Q - 5Q
Q = 500000
Shut Down Point is where firm's Price is < its Average Variable Cost .
AVC is the variable cost on per unit output, is found out by average of variable component of cost function. C = 500000 + 5Q implies variable cost = 5Q , so AVC = 5Q / Q = 5
So, the firm would shut down if its price would go below AVC , ie if P < 5
15) Find the three consecutive even numbers whose sum is 36.
3y
16) Find y:- 8 = 1
Answer:
Q)15: y=4 Answer
Q16): y=7 Answer
Explanation:
Q15: Solution:
1st even consecutive number= y
2nd even consecutive number= y+2
3rd even consecutive number= y+4
y+y+2+y+4
2y+2+y+4
4y+y+4
5y+4
9y=36
9y/9=36 (9y divided by 9 with both side Left side and also right side and 9 and 9 will cut. Now y is left)
y=36/9 (Now divide the 36 with 9)
y=4 Answer
Q16). Solution:
The equation is y-8 = 1 (Now we have to shift the 8 into left hand side).
y=8-1 (Now we have to minus the 1 from 8).
y=7 Answer
Please mark me as a brainlist.
Thank You
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
-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&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
A vast global network that is made up of many smaller interconnected networks is known as
Answer:
The internet
Explanation:
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
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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:
Discuss whether or not growth of an industry will increase the profit earned by the firms in the industry.
Answer: Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.
Explanation:
Industries have their various activities, competition, customers (both prospective and existing). A growth in industry would mean that there is a larger demand for what is been sold in that industry, and when the demand is high, their would be lack, which would create that gap and allow marketers or producers get more profit, based on the high demand now. Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.
________Accounts are accounts of People or business entities.
O Nominal
O Real
OPersonal
O Static
Answer:
REALExplanation:
When people are in debt, it means there is no income
True or false?
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
With reference to above statement,how would sustainable consumption and production impact the society?
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
If you believe in the ________ form of the EMH, you believe that stock prices reflect all relevant information including historical stock prices and current public information about the firm, but not information that is available only to insiders.A. semistrongB. strongC. weakD. semistrong, strong, and weakE. hard
Answer:
A)semistrong
Explanation:
As regards to finance, the efficient-market hypothesis known as "EMH"
gives assertion that financial markets can be regards as "informationally efficient. ”
The EMH three forms which are:
1)weak
2) semi-strong
3)strong
it gives evaluation of the influence that MNPI(material Nonpublic Information ) has on market prices. It explains that when markets are efficient then the current prices reflect all information.
Semi-strong-form give a claim that prices gives reflection of all publicly available information, it also claims that
that prices instantly change to to gives a reflection of new public information.
The weak-form gives a claim that prices that is on traded assets such as bonds or stock gives reflection of
all publicly available information in the past . It should be noted that If you believe in the semistrong form of the EMH, you believe that stock prices reflect all relevant information including historical stock prices and current public information about the firm, but not information that is available only to insiders.
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.
QUESTION 2 of 10: Your Maitre'd's starting salary is $38,000/year. You have promised her an 8% raise per year for her first 5 years. What yearly salary be after 5 years? a) $23,725 b) $42,114 c) $49,189 d) $55,834
Answer:
D) 55,834
Explanation:
_____ and _____________ are critical, and needs to be built into the overall process of relationship
Answer: The options related to your question is missing hence i will provide you with a general answer on process of relationship
answer : wholehearted love and Decision are critical
Explanation:
The overall process of any kind of relationship passes through five specific stages and each relationship passes through these stages repeatedly . the stages are ; The merge stage , doubt stage , disillusionment , decision and love ( whole hearted )
mention one Islamic song and recitation
Answer:
islamic song: SURAH AL IMRAN HOLY QURAN, BEAUTIFUL HOLY QURAN
I hope it helps you