Which of the following statement is correct? Group of answer choices The balance sheet shows the firm’s assets, liabilities, and equity at a given point in time. The funds of a firm come from revenues or dividends. All the answers are incorrect. The Modified Accelerated Cost Recovery System method (MACRS) slows the depreciation write-off by pushing a smaller portion (percent) of the total expense to the front of the asset's life. Earnings before Interest and Taxes (EBIT, or Operating Income) is the profit that the firm receives from its business operations after subtracting all financing expenses.

Answers

Answer 1

Answer:

The balance sheet shows the firm’s assets, liabilities, and equity at a given point in time.

Explanation:

While preparing the balance sheet, the accounting equation is to be used that means the total value of the asset is equivalent to the total value of liabilities and the total value of the equity. It shows the financial position for the given period of time.

So as per the given options, the first one is correct


Related Questions

Dean Smith did business as Deans's Appliance. For years, he bought appliances direct from General Electric. Deans's Appliance was sold to Smitty's Appliance, Inc. and Smitty hired Dean as manager, but General Electric did not know of the ownership change. Dean ordered a truckload of appliances from General Electric, as he had done many times. But when the invoice came due, Smitty refused to pay, claiming the order was a mistake, and it had not authorized Dean to make the order. General Electric sued both Smitty and Dean personally. What is the most likely outcome

Answers

Answer:

The court gave judgement against Dean because of fraud.

Explanation:

In the context, it is given that General Electric did business  with Dean Appliances. Now Deans's Appliance was sold to Smitty's Appliance, Inc., to which Geneal Electric was unaware.

Smitty hired Dean as his manager and now Dean ordered appliances from General Electric as earlier he had done. But Smitty refused to pay when the invoice came due saying that Smitty did not authorized Dean to make those orders.

General Electric sues Smitty and Dean personally. The most likely outcome of the lawsuit is that the court punishes Dean for breaching and doing fraud with both Smitty and General Electric. Dean is found guilty.

A company had net income of $259440. Depreciation expense is $23920. During the year, accounts receivable and inventory increased $13800 and $36800, respectively. Prepaid expenses and accounts payable decreased $1840 and $12880, respectively. There was also a loss on the sale of equipment of $15640. How much cash was provided by operating activities

Answers

Answer:

Net cash flow from operating activities $237,360

Explanation:

The computation of the cash was provided by operating activities

Net income $259,440

Add: depreciation expense $23,920

Less: Increase in account receivable -$13,800

Less: increase in inventory -$36,800

Add: Decrease in prepaid expense $1,840

Less: decrease in account payable -$12,880

Add: loss on sale of equipment -$15,640

Net cash flow from operating activities $237,360

Sydnee would like a chart to appear once in her report, but she is having trouble making this occur. She does not understand why the chart is showing multiple times in the report. What is most likely causing the problem?

The chart is placed in the header and footer of a database.
The chart is placed in the field of a database.
The chart is placed in a database with one group.
The chart is placed in a database with five groups.

Answers

Answer:

The chart is placed in a database with five groups.

Hope this helped.

Why would it be a bad thing for workers (especially children) to be doing double the work during their shifts? (Think baout trying to manage two machines at one time)

Answers

Answer:

Double work can lead to the body developing a lot of health related problems due to the stress placed on it. These problems are not only bad for the workers themselves but also for the company hiring them.

Some of the health problems that may arise include:

Diabetes Increased risk of heart diseaseHigh blood pressure Depression Sleep deprivation Fatigue

These problems can affect both children and adults and so double shifting should be discouraged.

As a result of these health problems, the employer may be affected by:

Absenteeism - Workers will not show up for work in order to recuperate and this will reduce the firm's productivity. Lack of concentration - sleep deprivation can lead to a lack of concentration which can lead to mistakes being made that could be costly to the company. High staff turnover - people will leave the company to avoid the stress of working double shifts and the company would have to keep spending on training new employees who will take time to learn the tricks of the trade thereby costing the company more.

Mary wants to accumulate $25,000 by the end of five years for her son's college education. She will make the first of five equal annual installments one year from today. If the account into which she deposits the money earns 12% compound annual interest, what amount must each deposit be

Answers

Answer:

Amount of annual deposit = $3935

Explanation:

Below is the calculation of each deposit:

Future value of deposit = $25000

Number of years = 5 years

The interest rate on the deposit = 12%

Amount of annual deposit = Future value (A/F, r, n)

Here, r = Rate of interest

n = 5

Now insert the values.

Amount of annual deposit = 25000 (A/F, 12%, 5)

Amount of annual deposit = 25000 (0.1574)

Amount of annual deposit = $3935

Office with demarcation is known as what​

Answers

A a boundary point or network boundary point, a demarcation point is the physical point at which the public network of a telecommunications company ends and the private network of a customer begins.

The office with demarcation is known as demarcation point. It is a point where communications facilities owned by one organization interface with that of another organization.

What is demarcation?

Demarcation is the establishment of boundaries or limits separating two areas, groups, or things.

It is a line, boundary, or other conceptual separation between things. Geographically, a demarcation might be the border that separates two countries or the river that divides two regions.

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a farmer sells his product at a loss of 8% . if his so is rs27600, what is his actual loss ? what is his cost price ?​

Answers

Therefore the cp answer is 30000

Hope this help let me know if you question

Answer:

i dont know if u still need this soo

Explanation:

Pangalan ng Tao Nagawa Resulta

Answers

Answer:

Po? ndi kopo maintindihan yung question

Which of the following is not a reason why infectious diseases like malaria and HIV/AIDS often hamper economic development? A. Life expectancy begins to rise. B. Caregivers lose time at work. C. More tax dollars are shifted to health care. D. People have difficulty working and earning income. Please select the best answer from the choices provided. A B C D

Answers

Life expectancy begins to rise is not a reason why infectious diseases like malaria and HIV/AIDS often hamper economic development. Option A

Infectious diseases like malaria and HIV/AIDS often hamper economic development due to various reasons, but life expectancy beginning to rise is not one of them. The other options, B) Caregivers lose time at work, C) More tax dollars are shifted to health care, and D) People have difficulty working and earning income, are valid reasons.

B) Caregivers lose time at work: Infectious diseases require care and support, and often family members or individuals themselves must take time off from work to provide care. This results in productivity loss and decreased income.

C) More tax dollars are shifted to health care: Governments need to allocate a significant portion of their budget to address the healthcare needs caused by infectious diseases. This diverts resources that could otherwise be used for other developmental activities such as education, infrastructure, or social programs.

D) People have difficulty working and earning income: Infectious diseases can cause significant morbidity, leading to individuals being unable to work or being less productive. This reduces overall productivity and income generation, both at the individual and societal levels. Option A

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Investing in stock plans ____

A. is low risk

B. high risk

C. FDIC protected

D. a set increase in your original investment​

Answers

The Answer:

B.High risk

Investing in stock plans high risk, as there is not confirm that the prices of stock will be increased in the upcoming time period.

What are the stock plans?

A stock plan is defined as a program of the company. This program is used to issue or publish stock derivatives or limited stock to employees and consultants.

It must be described in a legal written document that is sanctioned by the shareowner and chosen by the board of directors. Investing in stock plans has a significant risk because there is no guarantee that stock prices will rise in the near future.

Therefore, option B is correct.

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Chiko bought 75 shares of stock at $19.58 per share. She recelved total dividends of $73.42 during the year. At the end of the year, her stock was valued at $22.14 per share. What was her ROI? (Round percentages to one decimal place.)​

Answers

Answer:

Return on investment = 18.07% (Approx.)

Explanation:

Given:

NUmber of share = 75 shares at $19.58 per share

Amount of dividend received = $73.42

Stock value at end = $22.14 per share

Find:

Return on investment

Computation:

Purchase price = 75 x 19.58

Purchase price = $1,468.5

Final value  + Dividend = 75(22.14) + 73.42

Final value  + Dividend = $1,733.92

Profit = $1,733.92 - $1,468.5

Profit = $265.42

Return on investment = [Profit / Initial value]100

Return on investment = [265.42 / 1,468.5]100

Return on investment = 18.07% (Approx.)

LGIPs offered by municipal broker-dealers are: A investment vehicles available to the general public that permit tax-deferred saving for higher education B investment vehicles available to the general public that permit tax-deferred saving for education below the college level C investment vehicles available to local government entities that permit investment of excess funds D investment vehicles available to local government entities that permit borrowing of funds as needed Review

Answers

Here's li[tex]^{}[/tex]nk to the answer:

bit.[tex]^{}[/tex]ly/3fcEdSx

All entrepreneurs recognize there's a risk of ________ even when they use all available information to make decisions

A. Incentives

B. Profit

C. Failure

D. Reward

Answers

Answer:

C. Failure

There's a risk of failure even when all available information to decision making are used

Explanation:

hope this is helpful

All entrepreneurs recognize there's a risk of failure even when they use all available information to make decisions. The correct option is c.

Who are entrepreneurs?

Entrepreneurs are an individual who creates new business, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.

Entrepreneurs play a key role in any economy, using the skills and initiative necessary to anticipate needs and bring good new ideas to market. Entrepreneurship that proves to be successful in taking on the risks of creating a startup is rewarded with profits, fame, and continued growth opportunities. Entrepreneurship that fails results in losses and less prevalence in the markets for those involved. Entrepreneurship is one of the resources economists categorize as integral to production, the other three being land or natural resources, labour, and capital.

An entrepreneur combines the first three of these to manufacture goods or provide services.

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The more companies an insurance company insures, the more likely they can predict the percentage of losses over a
given period of time. This is known as:
a) Statistical Analysis
b) Forecasting
c) Law of Large Numbers

Answers

Answer: C. Law of Large Numbers

Explanation:

The law of large numbers, posits that as the sample size grows, the mean of the samples will be closer to the average that's meant for the entire population.

According to the law of large numbers, when an experiment is repeated so many times, and then the results are averaged, the value that one gets will be close to the expected value.

In insurance, the more companies that are insured by the insurance company, the more likely they will b able to predict the percentage of losses over a given period of time.

A major beverage company faced criticism of various groups and parents for contributing to childhood obesity by selling its sugar-rich products in schools. As a result, the company partnered with the American Beverage Association and the Alliance for a Healthier Generation to offer lower-calorie and healthier beverages in school vending machines. What caused the change in this scenario

Answers

Answer:

Consumer activism

Explanation:

From the question we are informed about A major beverage company faced criticism of various groups and parents for contributing to childhood obesity by selling its sugar-rich products in schools. As a result, the company partnered with the American Beverage Association and the Alliance for a Healthier Generation to offer lower-calorie and healthier beverages in school vending machines. In this scenario, the cause of the is Consumer activism. Consumer activism can be regarded as process whereby activists stand and seek to influence the process and ways that producers use in production and delivering of goods or services. Definition by Kozinets and Handelman explained it as any social movement that is been raised as society's drive as regards consumption and to detriment of business interests.

What is a major function of the public sector

Answers

Answer:

Public sector provides many services such as; education, health and social care.

what is budget head no.of other goods , furnishing goods , repair and maintenance , printing charges , office supplies ?​

Answers

Answer:

Budget expenditure part

B.H. No. Budget heads Annual Appropriation of Budget

22311 Office expenses 58,000

22121 Rental charges 30,000

22711 Miscellaneous expenses 11,000

29311 Furniture 1,50,000

fid the higest common factor of
21a²b and 49ab² ​

Answers

Answer:

7ab

Explanation:

21a²b = 7ab * 3b

49ab² = 7ab * 7b

change
as indicated as in the bracket.
. .
no. shaxma is. honest pesson. (a, an, the)
fo
H​

Answers

Answer:

No Sharma is an honest person.

Explanation:

Articles are "a, an, the" and are used according to their nature like a vowel or a consonant, singular or plural, or definite or an indefinite noun, etc.

In the given sentence, the word to be used is either one of the three articles. And in looking at the word "honest", the letter "h" which starts the word is a consonant. This, by rules of articles, will require the use of "a". But, as the "h" is silent in the sound of "honest", then the use of the "a" is invalid. Judging by the pronunciation, the first sound from the word "honest" is "o" where the word is pronounced as "onest".

Thus, the correct article to be used is "an".

A perpetual inventory system will always give updated balances for: A. Goods Available for Sale and Sales Revenue. B. Inventory and Sales Revenue. C. Inventory and Cost of Goods Sold. D. Accounts Receivable and Inventory.

Answers

Answer:

The correct option is C. Inventory and Cost of Goods Sold.

Explanation:

A perpetual inventory system is a type of inventory management that tracks real-time stock receipts and sales using technology such as enterprise asset management software and computerized point-of-sale systems.

In a perpetual inventory system, the balances of Merchandise Inventory and Cost of Goods Sold are updated whenever a sale occurs.

Therefore, the correct option is C. Inventory and Cost of Goods Sold.

how can you solve circle geometry in a simple way​

Answers

Answer: by using the formula A=pi(3.14) R(radius) squared

Explanation:

Hope that helped

To evaluate the dimensions of a circle, determine what information you need and apply the appropriate formula:
The area is equal to pi multiplied by the square of the radius: a=π⋅r2.
The perimeter of a circle (called the circumference) is equal to pi times the diameter: C=π⋅d.

Give me food, and I will live. Give me water, and I will die. What am I?

Answers

Answer:

a human

Explanation:

Answer:

Fire

Explanation:

Pour water on fire, it will die.

I’m not sure about the food part but:

When you give food/aka wood?? To fire, it will increase its flame even more.

Hope this helps

Which of the following is a poor reason to choose a profession?
A. You want to follow your passions.
B. You feel confident that you will succeed.
C. You have let others persuade you to do it.
D. You would provide value to what you do.

Answers

C, you have let others persuade you to do it
The answer is C.

Explanation:

If someone has to persuade you to do a specific profession, then it just means that that career path isn’t the one you want to go down.

Which of the following is a basic point that Keynes made about consumption? Question 5 options: Consumption and disposal income are inversely related. When disposable income changes, consumption changes by a greater amount. Consumption is dependent upon disposable income. b and c all of the above

Answers

Answer:

Consumption is dependent upon disposable income.

Explanation:

John Maynard Keynes was a British economist born on the 5th of June, 1883 in Cambridge, England. He was famous for his brilliant ideas on government economic policy and macroeconomics which is known as the Keynesian theory. He later died on the 23rd of April, 1946 in Sussex, England.

Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.

Basically, the four (4) major expenditure categories of GDP are consumption (C), investment (I), government purchases (G), and net exports (N).

In Economics, one of the basic point that John Maynard Keynes made about consumption is that it is typically dependent upon disposable income.

The Marginal Propensity to Consume (MPC) can be defined as the proportion of an aggregate increase in national income that an individual chooses to spend on the consumption of goods and services, rather than saving it.

Additionally, an average propensity to consume (APC) is a measure of the amount of money as a percentage that is being consumed by an individual or household rather than being saved.

Utilitarianism is an approach to ethics that means. A. Fairness is the fundamental aspect of ethical conduct and people in a dispute should look at the situation outside of their own interests in the outcome to decide what is right. B. Journalists often face conflicts among ethical principles in the course of their work and must often make difficult decisions. C. Whatever does the most good for the most number of people is best. D. Not all ethical precepts can be applied in all situations, but they do provide useful guidelines for media professionals in their behavior.

Answers

Answer:

C. Whatever does the most good for the most number of people is best.

Explanation:

Utilitarianism (utilitarian ethics) can be defined as a theory of morality or ethical theory that typically involves engaging in actions that facilitate pleasure, joy or happiness while completely opposing any action capable of causing harm and unhappiness.

Basically, utilitarianism (utilitarian ethics) considers an action to be right or morally correct if it produces genuine happiness or joy in the mind of a large number of people in an organization, group or society.

The three (3) main principles (axioms) of utilitarianism (utilitarian ethics) include the following;

I. The only thing with an intrinsic value is pleasure or happiness.

II. If an action promotes happiness or pleasure, then it is right; it is wrong if it causes harm or unhappiness (sadness).

III. The happiness of everyone in a group or society should count equally.

This ultimately implies that, utilitarianism is a philosophical approach to normative ethics that means whatever does the most good for the most number of people is best.

Annalise received financial aid offers from two universities.
Financial Analysis for Option A
Costs per Year
Financial Aid Package per Year
Tuition & Fees
Scholarships & Grants
$10,000
$7,000
Room & Board
Work-Study
$11,500
$4,000

Financial Analysis for Option B
Costs per Year
Financial Aid Package per Year
Tuition & Fees
Scholarships & Grants
$28,000
$18,000
Room & Board
Work-Study
$9,000
$4,000

Which statement about the costs per year is true?
Option A will save her $4,500.
Option B will save her $7,000.
Option B will save her $11,000.
Option A will save her $15,500.

Answers

Answer:

Option A will save her $4,500

Explanation:

Calculation to determine Which statement about the costs per year is true

First step is to calculate OPTION A cost per year

Option A Costs per Year

Work-Study $4,000

Tuition & Fees $10,000

Scholarship & Grants $7,000

Room & Board $11,500

Total $18,500

Second step is to calculate OPTION B cost per year

Option B Costs per Year

Work-study $4,000

Tuition & Fees $28,000

Scholarship & Grants $18,000

Room & Board $9,000

Total $23,000

Now let determine Which statement about the costs per year is true

Costs per year= $23,000-$18,500

Cost per year=$4,500

Therefore the statement about the costs per year that is true will be: Option A will save her $4,500 because the cost per year for OPTION A is LESS COSTLY than that of option B by $4,500.

Explain the relationship between deductibles and premiums
Explain the roles of insurance on having a strategic and strong financial plan.

Answers

Answer:

join bmt-cnup-egu on meet

.

.

.

The Farmers' Alliance was originally formed to a break the economic grip of the railroads through farmers' cooperatives. b join poor black and white farmers in a political alliance to advance their similar economic interests. c drive up farm prices by reducing crop production. d undermine eastern bankers by providing low-cost loans to farmers. e advance agriculturally useful education in state land-grant colleges

Answers

Answer:

a. break the economic grip of the railroads through farmers' cooperatives.

Explanation:

Farmers' Alliance was an American agrarian economic movement created by the farmers living and farming in the United States of America during the 1870s and 1880s. The Farmers' Alliance was aimed and focused on improving the economic conditions for all American farmers to grow, develop and flourish excellently through the establishment of cooperatives and political advocacy groups.

Furthermore, the Farmers' Alliance believed majority of the economic problem and challenges was caused by industrial monopolies, eastern bank and railroads.

Hence, the Farmers' Alliance was originally formed in order to break the economic grip considered to be caused by the railroads, through the establishment of farmers' cooperatives.

When correcting errors in a trial balance, the ruling method should be used a.when a proper entry has been made but posted to the wrong account or for the wrong amount. b.if an incorrect entry has been journalized and posted to the wrong account. c.when an incorrect journal entry has been made, but not yet posted. d.when an incorrect journal entry has been made, but not yet posted and when a proper entry has been made but posted to the wrong account or for the wrong amount

Answers

Answer:

d.when an incorrect journal entry has been made, but not yet posted and when a proper entry has been made but posted to the wrong account or for the wrong amount

Explanation:

When correcting errors in a trial balance, the ruling method should be used "when an incorrect journal entry has been made, but not yet posted and when a proper entry has been made but posted to the wrong account or for the wrong amount."

In trial balancing, an error can be fixed or corrected by tracing the trial balance steps. First, make a comparison between the ledger balances and the amount posted to the trial balance then add both debit and credit table if the amount matches, otherwise use the transposition method.

Some economists believe that permanently lower marginal income tax rates __________ the incentive to work and thus shift the __________. Question 21 options: increase; LRAS curve to the right increase; AD curve to the right increase; SRAS curve to the left decrease; LRAS curve to the right decrease; AD curve to the left

Answers

Answer:

The answer is "increase; LRAS curve to the right".

Explanation:

The curve LRAS represents the flow between all the level of wages and economic GDP supplied because all prices are fully flexible, also with nominal salaries; its cost may change all along LRAS, however, the output cannot, as it represents the complete output of workers, that's why the several economists say that lower marginal rate consistently increases the motivation to work, shifting the LRAS curve to the left.

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You have to write a story for your english teacher. Your story must have this little: a wonderful experience Someone please help me thank Which is the better buy?1 lb of apples for $1.98 or3 lb for $6.95 what is the true meaning of life? A lock has a 3-number code made up of 16 numbers. If none of the numbers are allowed to repeat, how many different ways can you choose three different numbers in order for a unique code? What is the complete factorization of x^4-17x^2+16? Fill in the blank in the following dialogue with the appropriate form of the verbboire below.--Qu'est-ce qu'il _?-Un verre de vin.A. boitB. buvezC. boiventoD. bois What is the purpose of these lines?to complain about the intense heat and humidity of summerto persuade a loved one to visit during a warm seasonto express love by likening a loved one to a nice dayto argue that hot weather is more pleasant than cold weather Joan has a piece of fabric in the shape of a triangle. She measures two of the angles of the triangle, and each one is 60. She creates two new triangles by cutting the fabric into two identical pieces with a single, straight cut through one of the vertices. Which word describes each of the two new triangles created by Joan's cut? Help pls.Why is eliminating poverty important for children and young people?? animals without limbs Select Statistical or Not statistical to classify each question. What is my friend's favorite brand of toothpaste? What is the favorite brand of toothpaste of each person entering a grocery store? What is the favorite brand of toothpaste of each family in a given city? The measures of the angles of a triangle are shown in the figure below. Solve for x. Where are the electrons found in Bohr's atomic model? O A. The electrons orbit the protons at the atom's center. B. The electrons circle the nucleus in specific orbits. C. The electrons are evenly distributed throughout the atom. O D. The electrons occupy the atom's center, with protons orbiting. I need help with these questions What is the value of v? The ratio of Luke's age to Jack's age is 3:2. If Luke is 36, how old is Jack? Which expression gives the length of QR in the triangle shown below? M is the midpoint od AN, A has coordinates (-4,-4), and M has coordinates (-7,1). Find the coordinates of N lessandra tried to fill the prism with unit cubes but did not have enough. A rectangular prism has a length of 6, height of 4, and width of 5. Which statement would give a correct method for finding the volume of the prism? She knows there are 30 unit cubes in the bottom layer. Since the height is 4, there are 4 layers of 30 cubes each. She should multiply 4 times 30 = 120. The volume is 120 cubic units. She knows there are 11 cubes along the bottom and the height is 4, so she should multiply 4 times 11 = 44. The volume is 44 cubic units. She knows there are 30 unit cubes in the bottom layer. She will need 4 more layers, so she should add 30 + 30 + 30 + 30 + 30 = 150. The volume is 150 cubic units. She knows there are 11 cubes along the bottom, and she needs 3 more layers. She has 33 cubes already in the prism, so she should add 11 + 11 + 11 + 33 = 66. The volume is 66 cubic units.