Answer:
c
Explanation:
if you don't have enough to sell you lose sales.
You also lose selection and can also not have what a customer wants so that would leave in customer disappointment.
then you could also not have alot of money to pay your workers which would possibly result in worker layoffs
This credit is a non-refundable tax credit for qualified higher education tuition and
expenses paid for an eligible student.
A) American Opportunity Tax Credit (AOTC)
B) Lifetime Learning Credit (LLC)
C) Adding Brain Credit (ABC)
D) College Discount Credit (CDC)
18
E) 4 Year College Credit (4Y2C)
Answer:
b
Explanation:
Turner Company owns 10% of the outstanding stock of ICA Company. During the current year, ICA paid a $5.10 million cash dividend on its common shares.
What effect did this dividend have on Turner's 2021 financial statements? (Enter your answers in whole dollars, not in millions. Amounts to be deducted should be indicated with a minus sign.)
Balance Sheet
Cash $510,000
xxxx $
Income Statement
Dividend Revenue $510,000
I do not know what the second Balance Sheet account should be and the amount.
Answer:
Turner Company
The effect that this dividend had on Turner's 2021 financial statements are:
Balance Sheet
Cash $510,000
Retained Earnings $510,000
Income Statement
Dividend Revenue $510,000
Explanation:
a) Data and Calculations:
Shareholding in ICA Company = 10%
ICA paid cash dividend amounting to $5.10 million
Turner's share of the dividend = $510,000 ($5,100,000 * 10%)
b) The receipt of the cash dividend by Turner will increase its Cash balance by $510,000. It will also increase the Dividend Revenue by $510,000, thereby increasing the profit for the year. If Turner does not pay dividends, it will also increase the Retained Earnings by the same amount.
I NEED HELP!! THIS IS SO CONFUSING!!
Explanation:
AD decreas price level increases and real GDP increase
An increase in the firms receivable turnover ratio means that:
Answer:
interest generated in a business
Offering customers different sized garbage bins for different disposal fees/prices, is one form of _______________ system.
Answer: VARIABLE-RATE OR “PAY-AS-YOU-THROW”
Explanation:
Offering customers different sized garbage bins for different disposal fees/prices, is one form of variable rate system.
Who are customers?
Customers are individuals or organizations who purchase goods or services from a seller or provider. They are the people or entities who pay for and use the products or services that a business offers.
Customers can be individuals, households, businesses, or government entities, and they may make purchases for personal or professional reasons.
The relationship between a business and its customers is a crucial aspect of its success, as satisfied customers are more likely to return for future purchases and recommend the business to others.
Giving customers different sized garbage bins for different disposal fees/prices. It is one form of variable rate system.
Learn more about customers here:
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Even if a company has accurate sales forecast information calculated from multiple methods and based on solid data, the company should:
Answer:
prepare for multiple possible scenarios so it can react to whatever happens in the market
Explanation:
Sales forecast is a method of predicting futures sales volumes and patterns. It is used by businesses to make informed decisions on resource allocation.
Sales forecast determines short term and long term performance of the business.
However having accurate sales forecast information calculated from multiple methods and based on solid data does not give full assurance based on fluctuating market forces.
The business will need to prepare for multiple possible scenarios so it can react to whatever happens in the market.
A company should be prepared by ensuring proactiveness to other possible
conditions not contained in the forecast.
A company having accurate sales forecast information calculated from
multiple methods and based on solid data doesn't guarantee that deviations
can't occur. Sales information can only be forecasted and other activities can alter the speculated sales information.
For example, the lockdown during the cov-id era caused most
shops to be shut down as a result of the self isolation carried out in
respective homes. This is a deviation in the norm and companies who
weren't prepared for it ran into debts and became liquidated.
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In order to implement expansionary policy, the goverment and Central Bank must government spending, taxes, and interest rates. A increase, increase increase B. increase decrease, decrease C. decrease increase increase D. decrease decrease, decrease
Answer:
B. increase decrease, decrease
Explanation:
Expansionary policies are measures aimed at stimulating economic growth. They are applied during times of recession and depression. Expansionary policies work by increasing the money supply in the economy. These policies increase liquidity in the market, thereby increasing the demand for goods and services.
Increasing government spending is an expansionary fiscal policy. Increased spending means releasing more money into the economy. Decreasing taxes imply individuals and business will pay lower taxes than before. The results in an increase in disposable income and an increase in demand.
The interest rate represents the cost of borrowing money. When the interest rates are high, individuals and businesses find borrowing uneconomical. When the interests are decreased, the cost of borrowing reduces, which encourages increased borrowing for consumption and investments.