Answer:
C. Cash, prepaid rent, accounts receivables.
Explanation:
A balance sheet can be defined as the financial statement that gives a detailed summary of the financial balance of a business firm or individual at a specific period of time. Therefore, it typically comprises of assets, liabilities, capital, debt, equity etc.
In Financial accounting, Accounts Receivable are considered to be a current asset because it is the payment a business firm would receive from its customers for goods purchased or services taken on credit. Also, cash, rent and accounts receivable are recorded in the current assets section of the balance sheet because they add value to a business firm.
Generally, current assets are considered to be liquid because they are listed on the balance sheet in the order (descending) in which they are expected to turn or be converted to cash within a relatively short term period.
Hence, account receivables, cash and rent are assets on the balance sheet, which are listed in order of liquidity.
The choice that include only accounts that appear in the asset section of the balance sheet are Cash, prepaid rent, and accounts receivables.
Earnings of workers are typically decreased by
Costs that can be traced to a cost object in a cost-effective way are called direct costs.
a) true
b) false
Answer:
a) true
Explanation:
Costs that can be traced to a cost object in a cost-effective way are called direct costs. Sometimes they can literally be seen on the cost object by observation. For example the wood on the table.
If your nominal rate of return is 14.38 percent and your real rate of return is 4.97 percent, what is the inflation rate
Answer:
try 1.35Explanation:
What was the economy like before the corona virus??
Please help!!
5-8 lines
Answer:
BEFORE the virus, the economy was running (not perfectly) but smoothly. You could go to school without the worry of a death sentence. Marriages were more common before the virus. Concerts were available. You could go out and do things. Bears didn't have to leave the mountains for food. Businesses were running easier.
Explanation:
I hope this helps.
Gravel Company reported net income of $4,500,000 in 2021. The weighted average number of common shares outstanding during 2021 was 200,000 shares. Gravel paid $250,000 in dividends on preferred stock, which was convertible into 40,000 shares of common stock. How much is diluted earnings per share for 2021
Answer:
the diluted earning per share is $17.71
Explanation:
The computation of the diluted earning per share is shown below:
Diluted earning per share is
= (Net income - preference dividend) ÷ ( oustanding common stock shares + convertible shares)
= ($4,500,000 - $250,000) ÷ (200,000 + 40,000)
= $4,250,000 ÷ 240,000 shares
= $17.71
hence, the diluted earning per share is $17.71
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The Elkmont Corporation needs to raise $52.5 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. If the offer price is $21 per share and the company's underwriters charge a spread of 7.5 percent, how many shares need to be sold?
Answer:
The amount of shares need to sold is
Your storage firm has been offered 100,000 in one year to store some goods for one year. Assume your costs are $95,000, payable immediately, are the cost of capital is 8%. Should you take the contract?
Answer:
We should not take the contract
Explanation:
Net present value = Initial investment + Present value of cash inflows
Net present value = -95000 + 100000/1.08
Net present value = -2407.41
Thus, the contract should not be taken because the NPV is negative
Considering the needs of a global audience is essential to success in the hospitality and tourism industry?
Answer:
True
Explanation:
In simple words, the hospitality and tourism industry refers to the activities related to accommodation, restaurant and tourism etc. In such industries the main focus of the companies is the comfort and joy of their clients. This becomes difficult to implement as every individual have different needs and circumstances. Thus, the planning of activities should be made in such a way that it suited the global audience.
An example of a start of a start up cost
Answer:
what
Explanation:
please write the question properly I can't understand it
Anthony currently earns $25 an hour and works 40 hours a week. When his boss offers to pay him $29 per hour, Anthony decides to accept the offer, but decides to keep working 40 hours. What is the effect of Anthony's decision on the labor supply curve?
Answer:
substitution and income effects will counteract each other totally
Explanation:
A labor supply curve is an economic analysis tool that shows the number or workers that are available to work or that can work at various wage rates.
The labor supply curve can either be bending backwards or sloping downwards or upward curving but it shows the relationship between labour and wage rates.
A labor supply curve can be affected by factors such as population, changes in social behaviour, opportunities in other markets, among other things.
From the above question, it is seen that a change in wage rate for Anthony from $25 to $29 does not affect his work hours positively of negatively. His work hours is the same despite the increase in hourly wage.
The effect of the Anthony sticking to 40 hours of work despite an increase in wage, which could have served as some motivation for him to put in more hours is his labor curve remains same. An increase in wage has done noting to affect the number of hours he works and as such his income vs work rate counters each other.
Cheers.
Advantages of large group communication ?
Answer:
1: Increased output: The first and most important advantage of group work is, that it increases total productivity
2: More resources :The more member you have in a group, the resources you have at the end of the day...
3: Reliability: Project are safer with team than with individual.
4: proper decision making
5:Exposure to diversity.
Answer:
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Explanation:
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a community hospital in pennsylvania has a 15% supply expense ratio. If total operating expenses are $1 million this month, what is the total annual cost of supplies
Answer:
$150,000
Explanation:
The question says that the total operating expenses of the hospital is 1 million, while also saying that it has a supply expense ratio of 15%. An expense ratio can be by dividing a fund's total operating expenses it's average dollar value of its assets under it's management. This is what gave us the 15% we got in the question. Now, to get the total supply cost in dollars (not percentage), all we is multiply the percentage by the total cost we were given. Thus,
Total annual cost of supply =
15% * 1,000,000 =
15/100 * 1,000,000 =
$150,000.
Therefore, the total annual cost of supply is $150,000
Organizations must use software tools to process data into meaningful information to make _____ useful.
Answer:
data warehouses
Explanation:
In the science of computing, we can also call a data warehouse, to be an enterprise data warehouse, this is a system that is used for reporting and also analysing data, a data warehouse is known to be a very central part of business intelligence.
Organizations must use software tools to process data into meaningful information to make data warehouses useful.
Store A uses the newsvendor model to manage its inventory. Demand for its product is normally distributed with a mean of 500 and a standard deviation of 300. Store A purchases the product for $10 each unit and sells each for $25. Inventory is salvaged for $5. What is its maximum profit?
a. $10,500
b. $8,500
c. $7,500
d. $6,000
Answer:
c. $7,500
Explanation:
Profit Maximization is a process in which an entity determines the selling price and cost of the product that results in the highest profit.
Use following formula to calculate the maximum profit
Maximum profit = Mean demand x ( Price per unit - Cost per unit )
Where
Mean demand = 500
Price per unit = $25
Cost per unit = $10
Placing values in the formula
Maximum Profit = 500 x ( $25 - $10 )
Maximum Profit = $7,500