Answer:
shillings . 4,200
Explanation:
The hire purchase price Shs. 16,800
The deposit is 25% of 16,800
= 25/100 x 16,800
=0.25 x 16,800
=Shs. 4,200
Accounting information systems: Multiple Choice require a CITP designation to understand. report only financially related information. are always computerized. are an information system that records, processes, and reports on transactions to provide financial and nonfinancial information for decision making and control.
Answer: Are an information system that records, processes, and reports on transactions to provide financial and nonfinancial information for decision making and control.
Explanation:
Accounting information systems are very useful because they combine accounting records with processes thereby coming up with reports on transactions that provide relevant stakeholders with both financial and non-financial information needed for decision making and control.
Accounting systems do not require a Certified International Trade Professional (CITP) designation to understand neither does it report only financially related information nor is it always computerized.
Some organizations may choose to have job applicants complete an application form created by the firm, instead of just allowing the employee to write his own. Give ONE (1) key reason why
the firm may prefer to have an application form completed.
Answer:
see below
Explanation:
Job applicants complete an application form created by the employer to gather relevant information from potential employees. One reason employers prefer Job application forms is to gather comprehensive and consistent data from all applicants. This facilitates a fair analysis of applicants' backgrounds.
Application letters and resumes may not have uniform data. The employer designs the application form to ensure they get all the data they require from all applicants. Again, resume's do not include important information such as names and contacts of immediate and past supervisors.
Question 22
1 pts
Which of the following is NOT a good reason to buy a stock index fund like the
S&P 500?
0 You want to have an investment that you don't have to monitor as closely as an actively
managed fund
0 You want to have an investment with low fees
O You want to "beat the market" with the return on your investment
O You want to have a diversified portfolio
Previous
Next
Answer:
You want to "beat the market" with the return on your investment
Explanation:
The SP 500 is a good example of diversified portfolio investment. Investing in the index fund is less costly compared to other investment instruments. The SP 500 is considered the benchmark of investment returns in the US. Any attempts to perform better than the SP 500 is termed as trying to "beat the market."
Investors prefer good stock indexes like the SP 500 because they represent diversified investments. They spread risks in many sectors of the economy. Stock indexes have low investment costs and don't need close contact monitoring. Trying to "beat the market" with stock indexes is a daunting task. Any investor who attempts it will end up very frustrated.
Most employers list only the most significant employee tasks in a job description.
False
True
Answer:
its false
Explanation:
just took quiz on edge 2020
when you should send an email
A. when the subject matter is extremely private
B.when the subject matter is objective and informative
C. when the subject matter is emotional
D. when the subject matter is sensitive in nature
B. When the subject matter is objective and informative
You should send an email when the subject matter is objective and informative. Hence, Option B. is correct.
Email is a fantastic manner to communicate when the subject matter is objective and informative. A way to communicate between people using the internet and electronic gadgets is via email. Because emails are a fantastic method to discuss and highlight vital information without containing a personal opinion, which is especially critical in a business context, you should send an email when the subject matter is objective and instructive.
Therefore, the correct option is option B.
Learn more about email, here:
https://brainly.com/question/16557676
#SPJ7
what is the specific goal of product promotion ?
Answer:
Promotional goals include creating awareness, getting people to try products, providing information, retaining loyal customers, increasing the use of products, and identifying potential customers, as well as teaching potential service clients what is needed to “co-create” the services provided.
Retirement benefits are an example of
income.
Labor
rental
interest
Answer:
Labor income
Explanation:
edg
Larry works 60 hours a week as a valet. If full-time employment is considered 40 hours per week, how many hours of overtime does Larry work?
Answer:
20 hours overtime
Explanation:
If Larry works 60 hours, take 40 hours out of that to get 20 hours which would be how much he works overtime.
PLS NEED HELP IM BEHIND BAD
Answer:
I swear to god you dont read these
Explanation:
A) Auto Mechanics
D) Cunstruction Workers
maybe b probs not tho
The intangible assets section of Marigold Corporation's balance sheet at December 31, 2022, is presented here.
Patents ($71,800 cost less $7,180 amortization) $63,400
Copyrights ($50,500 cost less $39,400 amortization) 11,100
Total $74,500
The patent was acquired in January 2022 and has a useful life of 10 years. The copyright was acquired in January 2016 and also has a useful life of 10 years. The following cash transactions may have affected intangible assets during 2023.
Jan. 2 Paid $45,000 legal costs to successfully defend the patent against infringement by another company.
Jan.- June Paid $43,000 to a quarterback to appear in commercials advertising the company's products. The commercials will air in September and October.
Sept. 1 Paid $43,000 to a quarterback to appear in commercials advertising the company's products. The commercials will air in September and October.
Oct. 1 Acquired a copyright for $257,000. The copyright has a useful life and legal life of 50 years.
Prepare journal entries to record the 2023 amortization expense for intangible assets.
Answer:
Journal entries to record the 2023 amortization expense for intangible assets.
Date Accounts Titles and Explanation Debit Credit
Dec 31 Amortization Expense—Patents $14,180
($71,800*1/10 + $45,000 * 1/9
+ $40,000*1/10*6/12)
Patents $14,180
(To record amortization of patents)
Dec 31 Amortization Expense - Copyrights $6,335
($50,500*1/10 + $257,000*1/50*3/12)
Copyright $6,335
(To record amortization of copyrights)
A refrigerator sells for $1,044 on the installment plan. After making a down payment of $100, you pay $59 a month. How many months will it take to pay for the refrigerator?
Answer:
16 months
Explanation:
Calculating the remaining amount to pay by subtracting the down payment from the installment price:
$1,044 - $100 = $944
The remainder to pay is $944
Calculating the monthly payment by dividing the remainder to be paid by the number of months as shown below
$944 / Number of months = $59
Number of months * $59 = $944
Number of months = $944 / $59
Number of months = 16 months
If Cooper does not need to access this account for 25 years, how much will be in the account then?
Answer:
29,093.01 Dollars
Explanation:
Scenario D. Luxe Slumber is a company that produces high-quality mattresses. Omar, the CEO, makes all the business deals for the company. He negotiates with suppliers and gets new customers and business for the company. Charles communicates his vision for the company and what he would like it to achieve to Ana, who lays out plans to make possible the execution of that vision. Ana delegates the work accordingly by communicating to the sales and production managers Omar's vision and what he requires of them. Irving, a floor manager, makes sure that the workers do their jobs at the required pace to meet the targets and goals of the company.By creating objectives and communicating them to the rest of the organization, Ana is performing the function of a(n) ________ manager.A. strategicB. frontlineC. operationsD. top-levelE. tactical
Answer:
A)strategic
Explanation:
From the question we are informed about Scenario D. Luxe Slumber who is a company that produces high-quality mattresses. Omar, the CEO, makes all the business deals for the company. He negotiates with suppliers and gets new customers and business for the company. Charles communicates his vision for the company and what he would like it to achieve to Ana, who lays out plans to make possible the execution of that vision. Ana delegates the work accordingly by communicating to the sales and production managers Omar's vision and what he requires of them. Irving, a floor manager, makes sure that the workers do their jobs at the required pace to meet the targets and goals of the company.By creating objectives and communicating them to the rest of the organization, In this case Ana is performing the function of a strategic manager. A Strategy Managers is essential in organization in order to achieve the goals of the organization, the manager helps in reviewing of the organizations so that strengths as well as the weaknesses and operational effectiveness of the organization can be determined. The strategy manager can help the organization in making
recommendations after considering internal and external factors in order to minimize risks, he can as well formulate plans that can help the organization's long-term goals to be achieved.
Listed below are several transactions that took place during the second and third years of operations for RPG Consulting.
Year 2 Year 3
Amounts billed to customers for services rendered 390,000 490,000
Cash collected from credit customers 300,000 440,000
Cash disbursements:
Payment of rent 84,000 0
Salaries paid to employees for services rendered during the year 144,000 164,000
Travel and entertainment 34,000 44,000
Advertising 17,000 39,000
In addition, you learn that the company incurred advertising costs of $29,000 in year 2, owed the advertising agency $5,400 at the end of year 1, and there were no liabilities at the end of year 3. Also, there were no anticipated bad debts on receivables, and the rent payment was for a two-year period, year 2 and year 3.
Required:
1. Calculate accrual net income for both years.
2. Determine the amount due the advertising agency that would be shown as a liability on RPG’s balance sheet at the end of year 2.
Answer:
1. Year 2 Year 3
Revenues $390,000 $490,000
Expenses
Rent $42,000 $42,000
Salaries $144,000 $164,000
Travel and entertainment $34,000 $44,000
Advertising $29,000 $21,600
Net Income $99,000 $260,400
2. Advertising liability at end of year 2 = $29,000 - ($17,000 - $5,400) = $29,000 - $11,600 = $17,400
Working
Advertising Expenses
Debit Credit
Balance B/d 5400
Bank 17000 Profit and Loss account 29000
Balance c/d 17400
Total 34400 Total 34400
Advertising Expenses
Debit Credit
Balance B/d 17400
Bank 39000 Profit and Loss account 21600
Balance c/d 0
Total 39000 Total 39000
Make a brief description of each one 1. Exchange rates 2. Pyramid of Maslow 3. Basic needs 4. Self-realization 5. Entrepreneurship 6. SWOT analysis 7. Fixed costs 8. Variable costs 9. added value 10. Market research plz is for today
Explanation:
1. Exchange rates: the value a currency possesses when been transferred from one to another.
2. Pyramid Maslow: Maslow pyramid is used to show the heir-achy of human needs, with the most basics needs like safety, food water at the bottom. And more complex needs like self-realization at the top of the pyramid.
3. Basic needs: This are what humans needs for its day to day survival e.g shelter, water, food.
4. Self-realization: this is the discovery of oneself, achieving your full potential.
5. Entrepreneurship: this is a process where by you discover, design and launch a business idea so as to make gain.
6. SWOT analysis: this is a market survey carried out to discover your potential market(customers) where SWOT stands for Strength, Weakness, Opportunity and Threat. You study your competitors weakness, threats against the strengths of your own product and you seize the opportunity to introduce your product to the market.
7. Fixed cost: this are cost which are fixed e.g rent, interest rate, e.t.c.
8. Variable cost: this is a cost which is determined by factors which are put into producing an output e.g labor, raw materials.
9. Added value: this is the difference between the cost price and selling price of a goods or service.
10. Market research: this is a survey carried out on a potential market to know its customers, competitors e.t.c.
Suppose that Italy and Austria both produce fish and shoes. Italy's opportunity cost of producing a pair of shoes is 5 pounds of fish while Austria's opportunity cost of producing a pair of shoes is 10 pounds of fish. By comparing the opportunity cost of producing shoes in the two countries, you can tell thatItaly has a comparative advantage in the production of shoes andAustria has a comparative advantage in the production of fish. Suppose that Italy and Austria consider trading shoes and fish with each other. Italy can gain from specialization and trade as long as it receives more than5 pounds of fish for each pair of shoes it exports to Austria. Similarly, Austria can gain from trade as long as it receives more than1/10 pair of shoes for each pound of fish it exports to Italy. Based on your answer to the last question, which of the following prices of trade (that is, price of shoes in terms of fish) would allow both Austria and Italy to gain from trade?
a. 9 pounds of fish per pound of cheese.
b. 18 pounds of fish per pound of cheese.
c. 3 pounds of fish per pound of cheese.
d. 1 pound of fish per pound of cheese.
Answer:
a. 9 pounds of fish per pound of cheese.
Explanation:
The gain from trade would arise at the time when the price of the cheese with respect to the fish is more than 5 and less than 10
So according to the given option the first option is met the criteria
The 9 is more than 5 and less than 10
And, the other options does not met the criteria
So, the first option i.e. a is correct
And, all other options are wrong
What is one thing the government does as it enforces consumer-protection
regulations?
A. collects tariffs from foreign producers
B. tests products such as drugs and automobiles for safety
C. prevents cartels from engaging in price fixing or production
limitation
D. makes sure publicly-traded companies provide stockholders with
financial records
Answer: B: test products such as drugs and automobiles for safety
Explanation: âpex learning
Write any two ways of collecting rain water and its advantages.
Answer:
Harvesting rainwater can help the environment in a number of ways. ...
Reduces Water Bills. ...
Reduces Demand on Ground Water. ...
Can Be Used for Non-drinking Purposes
NeeeeeD HeeellllP !!!!!!!!!!!!!!!!
Answer:
false
Explanation:
The rule of equal marginal utility per dollar spent suggests that consumers maximize utility by A. Equalizing across goods and services. B. Equalizing the marginal utility per dollar spent across goods and services. C. The marginal utility per dollar spent across goods and services. D. . E. Maximizing the marginal rate of substitution.
Explanation:
B-Equalizing the marginal utility per dollar spent across goods and services
Pls mark brainliest
Identify which basic assumption of accounting is best described in each/some item(s) presented below:a) The economic activities of FedEx Corporation are divided into 12-month periods for the purpose of issuing annual reports.b) Solectron Corporation, Inc. does not adjust amounts in its financial statements for the effect of inflation.c) Walgreen Co. reports current and non-current classifications in its balance sheet.d) The economic activities of General Electric and its subsidiaries are merged for accounting and reporting purposes.
Answer:
a) The economic activities of FedEx Corporation are divided into 12-month periods for the purpose of issuing annual reports.
Periodicity principle: companies have to report their financial statements and operations over standard periods of time.
b) Solectron Corporation, Inc. does not adjust amounts in its financial statements for the effect of inflation.
Monetary unit: companies have to report their financial statements in a unit of valid currency.
c) Walgreen Co. reports current and non-current classifications in its balance sheet.
Going concern: companies are expected to continue operating in the future.
d) The economic activities of General Electric and its subsidiaries are merged for accounting and reporting purposes.
Economic entity: companies must report the transactions that involve them and their subsidiaries, but not the transactions that involve their owners or other companies.
Irma has $500 to open a checking account. She wants an account with the lowest fees. She plans to use only her bank’s ATM to deposit her paychecks and withdraw cash.
Which checking account would be best for Irma?
Account A
Account B
Account C
Account D
Answer: the correct answer is A
Explanation:
Answer:
A
Explanation:
Earning a degree can be expensive but which example shows why it might be worth it?
(financing higher education)
Answer:
Earning a degree can be expensive but it can almost guarantee you great job opportunities and great job opportunities can provide great income, and other benefits.
Explanation:
Select three things are included in a product requirements document.(more than one answer)
[ ]customer stories
[ ]request for proposal
[ ]service providers
[ ]business plan
[ ]market data
Answer:
b d e
If i am wrong i am sorry
The correct answers are B,D, and E.
B. request for proposal
D. business plan
E. market data
How do credit card companies make money?
O (A) Fees and interest paid by cardholders
O (B) Investing your credit card debt
O (C) Fees paid by merchants
O All of them
O A and B
O A and C
OB and C
Answer:
A and C
Explanation:
Credit card companies get their income form the following three main sources
Interest paid by cardholdersFees charged to cardholders' credit cards.transaction charges paid by merchants who accept credit cardsInterests form the bulk of income to the card companies. Typically charge interest arises when customers carry a balance from a month to the next. Fees charged include annual fees, late fees, cash advance fees, balance transaction fees, among others. Merchants usually pay a percentage for every transaction conducted via a credit card. The percentage ranges between 1% to 3 %.
Explain why the scenario below does or does not meet the definition of successful leadership. Situation: Barbara is the owner of a coffee shop. Two of her employees disagree on the best way to order the right amount of coffee. Barbara: "I've developed ordering software that uses our sales history to establish an average amount of coffee that we will order each week. This way we won't order too little and run out or order too much and have waste." Employee #1: "That makes sense." Employee #2: "I think that's a good idea."
Answer:
Some of the characteristics of successful leaders are that they must be able to direct, guide and commit their employees. In this example, Barbara is just doing that, she is telling her employees what will be done in a way that they both agree upon and believe it is a good option.
She was able to stop an argument that could eventually lead to more serious problems within the organization and provided a solution that satisfied both parties.
HELP Esmerelda simplified a complex fraction. Her work is shown below. What errors did Esmerelda make? Check all that apply. Esmerelda converted the mixed number to the wrong improper fraction. Esmerelda added the numerators. Esmerelda added the denominators. Esmerelda did not divide –24 by 6 correctly. Esmerelda did not use the reciprocal of the divisor.
Answer:
Esmerelda did not use the reciprocal of the divisor.
Esmerelda added the numerators.
Esmerelda added the denominators.
Explanation:
Note: This question is not complete as it omitted the work of Esmerelda. Her work is therefore provide to complete the question as follows:
[tex]\frac{-5\frac{1}{4} }{\frac{3}{2} } = \frac{-\frac{21}{4} }{\frac{3}{2} } =(-\frac{21}{4})(\frac{3}{2}) = -\frac{24}{6} = -4[/tex]
The explanation of the answer is now provided as follows:
Esmerelda did not use the reciprocal of the divisor
This is corrected by using the reciprocal of the divisor as follows:
[tex]\frac{-5\frac{1}{4} }{\frac{3}{2} } = \frac{-\frac{21}{4} }{\frac{3}{2} } =(-\frac{21}{4})(\frac{2}{3})[/tex]
Esmerelda added the numerators and Esmerelda added the denominators
These two are corrected together by multiplying the numerators separately and and multiplying the denominators separately as follows:
[tex]\frac{-5\frac{1}{4} }{\frac{3}{2} } = \frac{-\frac{21}{4} }{\frac{3\\}{2} } =(-\frac{21}{4})(\frac{2}{3}) = -\frac{21*2}{4*3}[/tex]
Based on the above, the correct answer of the work of Esmerelda can be obtained as follows:
[tex]\frac{-5\frac{1}{4} }{\frac{3}{2} } = \frac{-\frac{21}{4} }{\frac{3\\}{2} } =(-\frac{21}{4})(\frac{2}{3}) = -\frac{21*2}{4*3} =- \frac{42}{12} = -3\frac{1}{2}[/tex]
The final answer can also be provided in 2 decimal places as follows:
[tex]\frac{-5\frac{1}{4} }{\frac{3}{2} } = \frac{-\frac{21}{4} }{\frac{3\\}{2} } =(-\frac{21}{4})(\frac{2}{3}) = -\frac{21*2}{4*3} =- \frac{42}{12} = -3\frac{1}{2} = -3.50[/tex]
When should the trial balance totals differ?
A. Only when it is drawn up by the accountant
B. When drawn up before the profit and loss account is prepared
C. If drawn up halfway through the financial year
D. Never
Answer:
C. If drawn up halfway through the financial year
Explanation:
A business prepares a trial balance to check on the accuracy of the double-entry system. The trial balance detects any mathematical errors that may have occurred during recording or posting information in various accounts.
A trial balance lists all the accounts as obtained from a firm's general ledger. It sums up the closing balances of all debits on one column and credits on the other. If the debits and credits balance, the firm's ledger book is presumed not to have mathematical errors.
The preparation of a trial balance is at the end of a financial period, before the main financial statements. It uses the closing balances of the ledger accounts. If some accounts are not closed, then a trial balance will not balance.
Differentiation means that:_________
a. the firm should aim its efforts at a target market that is different from a target market that a competitor would find attractive.
b. a firm's marketing mix is distinct from and better than what is available from a competitor.
c. a firm uses its resources in a different way than competitors use their resources.
d. a firm should screen out opportunities using different criteria than those used by other firms.
e. when a firm's marketing strategy is not going well it should change to a different set of operational decisions.
Answer:
B. a firm's marketing mix is distinct from and better than what is available from a competitor.
Explanation:
In marketing, since tine immemorial, this is a terminology used in brining to a table the qualities that distinguishes a sales agent from the crowd or fellow competitors. Also in many cases, it is percieved as a strategy which can be used in a product development, making it unique for the prospective buyers or the whole or target market. Here, these art of uniqueness of the product will aid a better look towards the buyers, even though competition makes it a hard task towards it. Even though strive for balance to be the best is totally welcomed.
Charlie likes both apples and bananas. he consumes nothing else. the consumption bundle where charlie consumes xa bushels of apples per year and xb bushels of bananas per year is written as (xa, xb). last year, charlie consumed 20 bushels of apples and 5 bushels of bananas.
Answer:
the question is incomplete:
It happens that the set of consumption bundles (xA,xB) such that Charlie is indifferent between (xA,xB) and (20,5) is the set of all bundles such that xB = 100/xA. The set of bundles (xA,xB) such that Charlie is just indifferent between (xA,xB) and the bundle (10,15) is the set of bundles such that xB = 150/xA.
I also found the attached graph.
The requirements are:
Is (30,5) ≈ (10,15) true or false? Is (10,15) > (20,5) true or false? Is (20,5) ≥ (10,10) true or false? Is (24,4) ≥ (11,9.1) true or false? Is (11,14) > (2,49) true or false? A set is convex if for any two points in the set, the line segment between them is also in the set. Is the set of bundles that Charlie weakly prefers to (20,5) a convex set? Is the set of bundles that Charlie considers inferior to (20,5) a convex set? The slope of Charlie’s indifference curve through a point, (xA,xB), is known as his ______________ ___ of ___________ at that point. Find Charlie’s marginal rate of substitution at the point (10,10). Find Charlie’s marginal rate of substitution at the point (5,20). Find Charlie’s marginal rate of substitution at the point (20,5). Do the indifference curves you have drawn for Charlie exhibit diminishing marginal rates of substitution?Answers:
true, they are on the same red linetrue, (10,15) is on the red line while (20,5) is on the blue linetrue, they are equivalent since both are on the blue linefalse, (11,9.1) is on the blue line and (24,4) is on the red linetrue, (11,14) is on the red line while (2,29) is on the blue portionyes, it is a convex set no, they are not a convex setThe slope of Charlie’s indifference curve through a point, (xA,xB), is known as his RATE of SUBSTITUTION at that point. marginal rate of substitution at (10,10) = -10/10 = -1marginal rate of substitution at (5,20) = -20/5 = -4marginal rate of substitution at (20,5) = -5/20 = -1/4 = -0.25yes, this curves shows diminishing marginal rates of substitutions, e.g. goes from -4 to -1 to -0.25