The Rational Rule for Sellers says that vendor should sell one more unit of an object if the price is: much less than the marginal cost: much less than the marginal benefit: larger than or equal to the marginal benefit.
What is the rational rule for buyers?The Rational Rule for Buyers: Buy extra of an object if the marginal advantage of one greater is larger than (or equal to) the price
What is a rational monetary decision?Much of economic idea is primarily based on the assumption that people's economic alternatives are rational. This capability two things: They usually attempt to maximise their very own financial self-interest. They are in a position to determine the monetary costs and benefits to themselves of making alternative selections
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https://brainly.com/question/11302120#SPJ4a cash management arrangement with a bank whereby the organization's customers send payments directly to the client's bank, which deposits the remittance to the client's account, is a
A cash management arrangement with a bank whereby the organization's customers send payments directly to the client's bank, which deposits the remittance to the client's account, is a (A) lockbox.
What is Lockbox?A lockbox is a bank-operated mailing address that a business instructs its clients to use for payment delivery. The bank scans the payments and any remittance information, opens the incoming mail, and deposits the cash received into the business's bank account.The advantages of lockbox services
Quicker processing of payments: A lockbox can be the ideal option for your needs if you want to reduce the amount of time needed for mail, processing, and deposits. Lockbox services are created expressly to shorten the time a check spends in the mail before being deposited into your company's account.Therefore, a cash management arrangement with a bank whereby the organization's customers send payments directly to the client's bank, which deposits the remittance to the client's account, is a (A) lockbox.
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Complete question:
Which of the following is a cash management arrangement with a bank whereby the organization's customers send payments directly to the client's bank, which deposits the remittance to the client's account?
a.Lockbox.
b.Bank transfer.
c.Imprest bank account.
d.Imprest Account.
should cost minimization or opportunities maximization be the primary goal of a cooperative strategy?
The main objectives of a cooperative strategy are to minimize costs and maximize opportunities. Yes, businesses can use both at once to achieve their goals.
Cost-cutting strategy: The business creates official contracts with its partners. These contracts outline the monitoring and control procedures for the cooperative method. The purpose of this strategy is to lower the expense of the cooperative method and spare you from partners' opportunistic behavior.
The opportunity-maximization technique concentrates on the value-adventure opportunities of a relationship. In this situation, friends are ready to seize unexpected opportunities to learn from one another and to investigate additional business opportunities.
Both simultaneously: Businesses can manage cooperative tactics using both approaches in an efficient manner. Although the cooperative strategy is designed to lower alliance costs, there are additional costs associated with displaying it, such as establishing specific contracts and using substantial tracking mechanisms.
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with respect to government-wide statement, which of the following statements is correct? a. general capital assets should not be reported as assets in governmental funds but should be reported in the governmental activities column of the government-wide statement of net position. b. gasb requires a reconciliation from proprietary fund financial statements to the government-wide statements business-activities columns from modified accrual accounting to accrual accounting. c. in addition to the fund-basis statement, gasb requires government-wide statements that are prepared on the modified accrual basis using the economic resources measurement focus. d. fiduciary activities are reported in the government-wide statements in a separate column.
The right statement with regard to the government-wide statement is (A) general capital assets should be recorded in the governmental activities column of the government-wide statement of net position rather than as assets in governmental funds.
What are general capital assets?A government's capital assets are those with initial usable life that run beyond a single reporting period. Examples include real estate, improvements to real estate, easements, buildings, improvements to buildings, machines, tools, works of art, historical artifacts, infrastructure, and other items.To identify the type of fixed asset owned and the source of the funds from which the general capital assets were obtained, general capital assets should be categorized in the appropriate account code.Since general capital assets should not be recorded as assets in governmental funds but rather should be included in the governmental activities column of the government-wide statement of net position, the right statement with regard to the government-wide statement is (A).
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a machine costs php 400,000 with a salvage value of php 200,000. life of it is six years. in the first year, 4000 hours. in the second year, 6000 hours and 8000 hours on the third year. the expected flow of the machine is 38000 hours in six years. what is the depreciation at the end of the second year?
Depreciation per hour 11.84
Cost per book.The value a company assigns to its books or accounts, as shown in its financial statements, is referred to as its book value.It is theoretically what investors would receive if all of the company's assets were sold and all of its debts and obligations were paid.
How does book value compare to market value?
The amount of money shareholders would receive if assets were liquidated and liabilities were paid off is known as a company's book value.Based on the current stock price and the number of outstanding shares, the market value of a company is its value.
How much should a book be worth?
For value investors, a P/B ratio of less than 1.0 typically indicates a stock that may be undervalued.However, stocks with a P/B value below 3.0 may serve as a standard for value investors.
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What is production possibility curve with example?
Under resource constraints, the production possibilities curve shows the maximum output for two goods. It also exemplifies the opportunity cost of resource allocation choices.
What is the set of production possibilities?The graph known as the "production possibility frontier" shows the different ways two commodities could be produced while resources are fixed. Only by compromising the production of the other commodity can the production of one commodity be raised.
Imagine a country that annually produces 120,000 apples and 20,000 oranges. The point B on the diagram is there. If it keeps making the same number of apples, it cannot grow additional oranges. It can only generate 85,000 apples for every 45,000 oranges produced, as seen by point C on the graph.
What significance does the production possibility curve have?The production possibility curve is significant because it can show the maximum amount of output that can be produced with a particular set of resources. This can aid economists in understanding and projecting the productive activity of a nation or other unit at the macroeconomic level.
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Susan has complained that there are too many accounts to choose from in her chart of accounts. What are 2 ways you can clean up her chart of accounts to reduce the number of accounts shown?
Answer:
Export accounts
Delete the chart of accounts
Make sub-accounts
[Make accounts inactive]
[Merge duplicate accounts]
Susan has complained that there are too many accounts to choose from in her chart of accounts.
What are 2 ways you can clean up her chart of accounts to reduce the number of accounts shown?
Following are the 2 ways you can clean up her chart of accounts to reduce the number of accounts shown.
Export accountsDelete the chart of accounts and make sub-accounts[Make accounts inactive][Merge duplicate accounts]What is the way to merge duplicate accounts?Select the duplicate records and then press the Merge button. Select the master record (the one you want to maintain) in the Combine Records dialog box, and then select any fields in the new record that you wish to merge into the master record. The information in these fields may supersede the information in the master record. Select OK.
Editions Required and User Permissions
Click Merge Accounts in the Tools section of the Accounts tab.Enter a search term to detect duplicate accounts. Choose up to three accounts to combineChoose one account to be the master record. Choose the fields you wish to keep from each record. Select Merge.To learn more about merging duplicate accounts, click
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what is the goal of brand positioning?
The goal of brand positioning is a. to explain to its target customers why it is better and why its superiority to competitors is important.
What exactly is brand positioning?Brand positioning establishes readability in relation to who you serve. It also explains to your target audience why you are a good employer for them and what makes your products or services unique. It makes it easier to defend your price strategy.
The ability to affect a customer's perception of an emblem or product is referred to as positioning. The goal of positioning in advertising is to establish the image or identity of a brand or product so that buyers understand it clearly.
A company's logo placement helps them to differentiate itself from the competition. This distinction enables a company to raise brand awareness, discuss pricing, and justify pricing – all of which have an effect on its bottom line.
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Section 5.5 in the textbook provides a definition of "ethics" and "corporate culture". Do you believe that unethical decisions made by managers and employees could be due to the company's corporate culture or a few thousand “bad apples?”
The entire organization is corrupted. Actually, while a few thousand apples may not be corrupt, the vast majority are. This includes upper management, which is likely the most corrupt.
The organization's culture is its heart, and it acts as the glue that holds everything together. The issue is that when the culture or core of an organization is unreasonable, the rest of the organization is contaminated.
I believe that the culture of an organization is its own soul. I believe that both organizations and people are good by nature, but a series of bad events can turn good into evil.
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when an organization uses a blog to provide insight and advice, or information that is difficult to find elsewhere, what benefit is the organization providing the audience? group of answer choices success value conversation focus controversy
Tracking mentions and conversations about your brand on social media channels, then analyzing them to find insights, is known as social listening.
What opportunities does a company's usage of social media present?Social networking may help your business acquire customers, get customer feedback, and build customer loyalty. Include international markets in the scope of your market. reduce marketing costs by carrying out market research.
What benefits does social media marketing offer my company?Among other benefits, you'll learn about the following ones: Increasing brand awareness Using social media marketing will make it easier to inform people of the objectives and offerings of your business. The volume of traffic to your website will increase dramatically as a result of using social media and linking to it.
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since most data that we would like to conduct a thorough market analysis is unavailable, a researcher will find it useful to find a data series that will closely represent the variable of interest. we typically refer to this type of variable as a:
We typically refer to this type of variable as a proxy.
What is data?Data are a collection of discrete values that convey information, describing quantity, quality, fact, statistics, other basic units of meaning sequences of symbols that may be further interpreted. A datum is an individual value in a collection of data. Data is a collection of raw, unorganised facts and details like text, observations, figures, symbols and descriptions of things etc. In other words, data does not carry any specific purpose and has no significance by itself.
The data is classified into majorly four categories:
Nominal dataOrdinal dataDiscrete dataContinuous dataTo learn more about data, refer;
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a rookie quarterback is negotiating his first nfl contract. his opportunity cost is 9%. he has been offered three possible 4-year contracts. payments are guaranteed, and they would be made at the end of each year. terms of each contract are as follows:
The contract to be recommended is contract 2 with the highest present value.
How to choose a contract to recommend?
The contract with the highest present value is the contract that should be recommended. Present value is the current value of future cash flows because the current value of money is more valuable than the future value of money in the same amount. Present value can be calculated by using NPV formula.
NPV = [tex]\sum\frac{C_{n}}{(1+r)^{n}}[/tex]
Contract 1
NPV = [tex]\frac{2,500,000}{(1+0.09)^1} + \frac{2,500,000}{(1+0.09)^2} +\frac{2,500,000}{(1+0.09)^3}+\frac{2,500,000}{(1+0.09)^4}[/tex]
NPV = $ 8,099,300
Contract 2
NPV = [tex]\frac{2,000,000}{(1+0.09)^1} + \frac{3,000,000}{(1+0.09)^2} +\frac{4,000,000}{(1+0.09)^3}+\frac{5,500,000}{(1+0.09)^4}[/tex]
NPV = $ 11,344,975
Contract 3
NPV = [tex]\frac{6,000,000}{(1+0.09)^1} + \frac{1,000,000}{(1+0.09)^2} +\frac{1,000,000}{(1+0.09)^3}+\frac{1,000,000}{(1+0.09)^4}[/tex]
NPV = $ 7,826,876
Your questions is incomplete, but most probably your full question was (image attached)
Thus, the contract to be recommended is contract 2 with the highest present value.
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The following trial balance was taken from the books of a sole trader for the year ended s31st Dec 2003: -
Account balances Purchase & Revenue Carriage inwards Drawings Rent, rates & insurance Postage Stationery Capital Machinery Buildings Furniture & Fittings Trade Receivable & Payable Commission received Opening inventory Cash at bank Cash in hand QS FB Discount allowed and received Bad debt (Irrecoverable debts) Salaries & Wages Advertising Carriage outwards Returns inwards & outwards Total Debit S 92 300 P 5 200 5.000 4 500 3 000 2 700 55 000 45 000 15 000 14 500 1 000 2 500 1 800 250 800 22 120 1850 1 200 800 2 74 520 Credit S 1 90 300 R 59 400 13 200 7 000 3 920 Consider the following points at 31st December 2003:- • The closing inventory was valued at $ 12 400 You are required to prepare at 31st December 2003:- a. The Income statement b. The Position statement 700 2 74 520
Answer:
Mawaleh Traders Income Statement For the Period Ended May 31, 2018 Sales $ 140,185 Less Sales return 780 Net sales 139,405 Less Cost of sales.
Which of the following are good examples of objectives that a marketing manager might set for advertising?
a. Describe the product in great detail in every advertisement.
b. Emphasize that the product is more innovative than its rivals.
c. Pressure customers to make a decision.
d. Persuade potential customers to try a sample of the product.
e. Promote the company website as a way for customers to learn more about the product.
(multiple)
Persuade potential clients to attempt a sample of the product. Emphasize that the product is more innovative than its rivals.
Promote the agency website as a way for customers to research more about the product.
What is a Marketing objective?A announcement of what is to be accomplished through advertising activities.
What is the principal goal of advertising strategies?The reason of a marketing design is to have a defined path to go to achieve new customers, support relationships with present day clients and clients, extend sales, enhance retention and expand company awareness.
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https://brainly.com/question/25640993#SPJ4Jerome is covered by a disability income policy that does not provide benefits for losses occurring as the result of his employment. What kind of coverage is this?
a. limited coverage
b. Worker's Compensation coverage
c. Occupational coverage
d. Nonoccupational coverage
Jerome is covered by a disability income policy that does not provide benefits for losses occurring as a result of his employment. It is D) Nonoccupational Coverage.
A Texas enterprise that opts out of the employees' repayment system, a “non-subscriber,” may be sued for negligence with the aid of an injured worker. Non-subscribers are required to document an annual DWC-5 and DWC-7 file whilst a worker suffers damage resulting in lost time.
But, there are often provisions beneath many long-term incapacity rules that allow for the reduction of your blessings primarily based on your different assets of profits. This deduction is referred to as an offset. One principal offset of lengthy-term disability blessings is Social safety incapacity coverage (SSDI) blessings.
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mary and david are married, and bob is their only son. if mary purchases a life insurance policy that pays benefits to bob if david dies, mary is considered: a. a policyholder. b. an insured. c. both an insured and a beneficiary. d. a beneficiary.
The death benefit is paid in accordance with the Uniform Simultaneous Death Act as though the primary beneficiary passed away first.
Who receives the death benefit of 255?Benefits are available to parents who received at least half of their child's support and are 62 years of age or older. Only a spouse or child who satisfies specific qualifications will be given a one-time payment of $255. Within two years of the date of death, survivors must submit an application for this payment. Benefit payments are made without restrictions or requirements. If necessary, you can take the lump sum and use it to cover living expenses. However, you can also use it for any other reason, such as saving for education, retirement, or even a trip. A life insurance policy, annuity, or pension payment made to the recipient upon the death of the insured or annuitant is known as a death benefit. for all time
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consumers have described apple's ipod products, such as the mp3 music player and the new video player, as imaginative and up-to-date. the brand is also considered to be daring, changing the traditional media models. based on this description, which dimension of brand personality best describes the ipod?
Based on this description, excitement dimension of brand personality best describes the ipod.
What is excitement ?An atmosphere or circumstance that is exciting is one that is active, joyful, exhilarating, or upsetting. One thing about enthusiasm is that it never gets old. There are several kinds of excitement, but they are all interesting and draw your attention.A fleeting but potent emotion, excitement. It passes when you blink, much like a lightning strike. However, it feels amazing when you're in the flow! Trying new things could be exciting for you.Based on this description, excitement dimension of brand personality best describes the ipod.To learn more about excitement refer to:
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hen a developer bought four acres of land with seller financing to build his new subdivision, he needed to ensure that he would be able to obtain a construction loan in the future. which of the following should he include in the mortgage?
The developer bought four acres of land with the seller's finance to build his new subdivision, he needed to ensure that he would be able to obtain a construction loan in the future, Subordination clause include in the mortgage.
Finance is the study and practice of money, money-related instruments, and capital assets. The study of the creation, transfer, and consumption of money, assets, goods, and services is known as economics. However, the two are not the same thing. The process of raising money or capital for any kind of expenditure is referred to as finance. It involves directing different sources of funding, such as credit, loans, and invested capital, to the businesses that can use them most effectively. From the Latin construction and the Old French construction, construction is a general term that refers to the art and science of forming things, systems, or organizations.
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When bringing to market a new product like the motorolaone zoom, the actual product launch takes place in the ___________________ stage of the new product development process.
When bringing to market a new product like the motorola one zoom, the actual product launch takes place in the commercialization stage of the new product development process.
What is the first step of the process of creating a new product?Idea Generation (Idea) In this first step or stage of the product development process, often referred to as the 'idea', a new product concept is created. This step is often the result of an idea screening to select the next product effort and becomes more defined as new products are developed.
Creating great products starts with great ideas. Idea generation involves the phases of construction through ideation, concept innovation and process development, the main thing being the transformation of the concept into reality.Behind every product there is an idea to create it. This is a necessary step to show that even if a person can't plan to build a product, it really does. So the first step in creating a new product is A. Idea generation.
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the net realizable value of accounts receivable is the amount of receivables a company expects to collect.
a. true
b. false
reese is comparing retirement plans with prospective employers. abc, inc., offering a salary of $52,000, will match 75 percent of his contributions up to 10 percent of his salary, his maximum contribution. xyz company will match 100 percent of this contribution up to 6 percent of salary, but he can contribute up to 15 percent of his income. xyz company is offering a $48,000 salary. if reese assumes that he will contribute the maximum amount allowed and keep these first-year retirement funds invested for 30 years with a 9 percent return, how much would each account be worth?
CDs, Treasury bills, U.S. savings bonds, and money market funds are all examples of low-risk investments that are frequently found in IRAs. Higher-risk ventures incorporate shared reserves, trade exchanged reserves (ETFs), stocks, and securities.
Where are funds for retirement invested?Prior to relatively recent times, pension funds primarily used a liability-matching strategy to invest in stocks and bonds. They are now investing in a wider range of asset classes, such as real estate, infrastructure, private equity, and inflation-hedging securities like gold.
What kind of retirement fund is typical?There are indications that Americans may be increasing their personal savings, as stated in the 2021 Planning & Progress Study conducted by Northwestern Mutual.
Personal savings increased by 10% on average: between $73,100 in 2021 and $65,900 in 2020.In a similar vein, the average amount saved for retirement rose by 13%:between $87,500 and $98,800.
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A company producing cosmetics may have hundreds of suppliers, some of which may be selling the same or similar raw and packaging materials to other cosmetics manufacturing companies. In addition, that same cosmetics manufacturer may sell to a retailer that buys similar cosmetics from a number of other manufacturers. This scenario illustrates?.
The cosmetics industry is the field of commerce that produces and distributes cosmetics. These consist of items for the skin and hair, such as moisturizers and cleansers, as well as amenities like bubble bath and soap, as well as color cosmetics like foundation and mascara.
How to manufacture cosmetics:
The creation of cosmetics is dominated by a small number of early 20th-century multinational corporations, but the distribution and sale of cosmetics is dominated by a wide range of businesses.
A business that makes cosmetics is referred to as a cosmetic maker. For instance, a cosmetics company might create things for daily grooming like soap, shampoo, and toothpaste as well as ones that make one smell good like deodorant and perfume.
A person that manufactures and sells makeup, hair care products, or cosmetics is known as a cosmetic manufacturer. Some companies produce and market all three types of cosmetics. Some concentrate on the creation and marketing of trendy makeup. Some people create products using natural ingredients.
Process manufacturing is a type of production that involves integrating supplies, components, or raw materials according to a formula or recipe to produce items. It is widely employed in sectors that manufacture things in large quantities, including those that generate food, drinks, refined oil, gasoline, pharmaceuticals, chemicals, and plastics.
A manufacturer is a person or business that transforms raw materials into finished goods that are then distributed to consumers, wholesalers, distributors, retailers, or other producers who can employ them to make more complex products. Manufacturers use a variety of tools, machinery, and processes to do this.
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LT 8 Which Form of Business Ownership is the Best - YOU Decide!
Analyze the 4 business scenarios and determine the best form of
business ownership for each.
• List two reasons for your recommendation -
o ONE that is a benefit/advantage
O one that is a cost/disadvantage.
.
With the cost, iincludinga suggestions for how to overcome it or minimize
its impact on the candy maker's business.
Explain why it is the best decision, pand rove your case! I
Make me see your point-of-view, uand nderstand by you believe in your
decision.
Give a detailed explanation.
•
.
●
. Make me a believer!
●
Each response should have 4-5 sentences MMINIMUM
• The Forms of Business Ownership to choose from:
o Corporation
o Franchise
o Partnership
o Co-operative
o Sole Ownership\\
Make sure you have read ALL the directions.
The best form of business ownership to choose from the above options are sole proprietorship & partnership.
What is a sole proprietorship?It is a form of business owned and operated by a single person, and there is no legal distinction between owner and business entity. Sole proprietorships do not necessarily work alone and may employ other people.A person who solely owns an unincorporated business. However, if you are the sole member of a domestic limited liability company.it is a situation where a person starts a business with his own money or capital by taking all the risks and waiting for the reward.examples of a sole proprietorship
are as follows:
grocery storecosmetic shoptailorfood truckgarment shoplocal storestreet vendorstationery shopto know more about sole proprietorship refer here
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suppose that karen deposits $500 into her checking account at the bank. the reserve requirement for karen's bank is 12%. assume the bank does not want to hold any excess reserves of new deposits. a. use this information to complete the balance sheet below to show how the bank's assets and liabilities change when karen deposits the $500.
a) It rise by $500.
b) It rises by $60.
c) Funds available for loan rise by $440.
d) Deposit can be withdrawn anytime.
How to calculate Deposit?
The calculation is as follows:
a. Deposit = $500
b. Change in reserve is
= 12% of $500
= $60
c. Change in deposit = $500
Now
Change in loan is
= (100 - 12)% of 500
= $440.
d. The deposit is treated as the loan i.e. provided to the bank as the bank use the money for their transactions.
So it is a liability to the bank also, it can be withdrawal at any time.
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the best way to maintain your credit standing is to: multiple choice declare a chapter 7 bankruptcy. use credit sparingly. repay your debts on time. use as many credit cards as you can. pay cash for your purchases.
The best way to maintain your credit rating is to repay your debt on time. Timely payment is one of the most effective ways in which to determine yourself as an honest credit risk to future lenders.
Of the quintet, capacity—basically, the borrower's ability to get income to service the interest and principal on a loan—generally ranks because the most vital.
Good credit rating is the make-or-break detail that determines whether or not you get a mortgage, auto loan or student loan. Bad credit, on the other hand, can create it tough to induce a MasterCard with a coffee charge per unit and dearer to borrow cash for any purpose.
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A company needs construction equipment to complete a project over the next 20 months. The equipment costs $10,000. Instead of purchasing the equipment with a 12% note, the company leases the equipment with payments of $300 due at the end of each month. For what amount would the company record the lease liability at the beginning of the lease?.
The amount that the company would record the lease liability at the beginning of the lease, based on the note rate, the cost of equipment, and the payments, is $5, 414.
How to find the lease liability?The lease liability to be recorded will be the present value of the payments that the company will make over the 20 months, given the interest rate on the note of 12%.
Because this amount is stable and constant over a certain period of time, it is an annuity. The present value of the lease payments on the equipment can therefore be found by looking for the present value of an annuity.
The present value of this annuity can be found by the formula:
= Lease payments monthly x Present value of annuity interest factor, periodic interest, number of periods
Periodic interest:
= 12% / 12 months per year
= 1%
The lease liability is therefore:
= 300 x Present value of annuity interest factor, 1%, 20 periods
= 300 x 18.04555
= $5, 414
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birdy consulting co. has the following accounts in its ledger: cash, accounts receivable, supplies, office equipment, accounts payable, common stock, retained earnings, dividends, fees earned, rent expense, advertising expense, utilities expense, miscellaneous expense. journalize the following selected transactions for january 20y2 in a two-column journal. journal entry explanations may be omitted. if an amount box does not require an entry, leave it blank. date transactions jan. 1. paid rent for the month, $5,500. 4. paid advertising expense, $3,490. 5. paid cash for supplies, $1,500. 6. purchased office equipment on account, $23,000. 12. received cash from customers on account, $7,490. 20. paid creditor on account, $2,200. 27. paid cash for miscellaneous expenses, $950. 30. paid utility (heating) bill for the month, $350. 31. fees earned and billed to customers for the month, $49,900. 31. paid utility (electricity) bill for the month, $600. 31. paid dividends, $3,800.
Birdy consulting co. has the following accounts in its ledger: cash, accounts receivable, supplies, office equipment, accounts payable, common stock, retained earnings, dividends, fees earned, rent expense, advertising expense, utilities expense, and miscellaneous expenses.
We have to journalize the following selected transactions for January 20y2 in a two-column journal.
Journal entries will be as follows:
Particulars Debit (in $) Credit (in $)
1. Rent Expense Account .......dr. $3,000
To Cash Account $3,000
4. Advertisement Expense Account ............dr. $2,500
To Cash Account $2,500
5. Supplies Account ..........dr. $1,800
To Cash Account $1,800
6. Office Equipment Account .......dr. $13,900
To Accounts Payable Account $13,900
12. Cash Account ..........dr. $14,770
To Accounts Receivable Account $14,770
20. Accounts Payable Account ........dr. $1,475
To Cash Account $1,475
27. Miscellaneous Expense Account ........dr. $700
To Cash Account $700
30. Utility (heating) Expense Account ...........dr. $610
To Cash Account $610
31. Cash Account ........dr. $37,300
To Fees Earned Account $37,300
31. Utility (electricity) Expense Account ...........dr. $900
To Cash Account $900
31. Dividends Account ..........dr. $800
To Cash Account $800
Hence, the journal for the given transactions will be as given above.
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both the former soviet union and china (until quite recently) were highly centrally planned, and virtually all resources were government-owned. although russia and china have moved toward market economies, a large portion of each country's resources is still owned by the state. which of these economies must answer the three basic economic questions?
Characteristics of centrally deliberate economies pertain to ownership, sovereign selection making, rate setting, distribution, production, financial choice making, incentives, and political control.
Advantages of this economic system relate to rate control, wealth, and employment.
Which united states has centrally deliberate economy?China, Cuba, Vietnam, and Laos still hold a sturdy degree of economic planning, but they have also opened their economies to personal enterprise. Today, only North Korea can be accurately described as a command economy, although it additionally has a small degree of underground market activity.
The USSR is the quintessential example of a centrally planned economy.
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All of the economies must answer the three basic questions.
Explanation:
All economies have to answer the three basic economic questions. How that is done depends on who owns the factors of production (land, labor, capital, and entrepreneurship) and how decisions are made to coordinate production and distribution.
which of the following two effects of a decrease in the tax rate on saving would raise savings? a. the income effect and the substitution effect b. the substitution effect but not the income effect c. the income effect but not the substitution effect d. neither the substitution effect nor the income effect
Two effects of a decrease in the tax rate on saving would raise savings the substitution effect but not the income effect.
What is tax rate?
A tax rate is the percentage at which someone or a business is taxed. The federal government and so many state governments in the United States both employ a progressive tax rate system, meaning that as taxable income for an individual or entity rises, so does the percentage of tax that must be paid. With a progressive tax rate, more money is taken in from taxpayers who make more money. The government frequently levies taxes on its citizens to fund infrastructure development and maintenance. The money raised from taxes goes toward enhancing the country, society, and everyone who lives there. A tax rate is applied to money received by the a taxpayer in the US and many other nations worldwide.
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carrying out the goals of business through the use of the internet is generally known as . multiple choice question.
E-commerce often known as electronic commerce, is the exchange of goods, services, money, and data over an electronic network, most often the internet.
Explain about the E-commerce?E-commerce, commonly referred to as electronic commerce or internet commerce, is the term used to describe the exchange of money and data for the purpose of transacting business through the internet.
A business model known as e-commerce involves buyers and sellers exchanging goods and services with customers online. Business to Business (B2B) and Business to Consumer (B2C) ecommerce are two popular forms.
There is a good reason why internet retailers like Amazon do so. They have some distinct advantages over their competitors who operate out of stores thanks to this. The low costs, flexibility, and speed, as well as the high levels of data, are the main benefits.
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when preparing the statement of cash flows most companies use the
When preparing the statement of cash flows most companies use the indirect method to prepare the operating activities.
What is statement of cash flows and what method most companies use for the preparation of cash flows?Statement of cash flow is a financial slip of data collected of all the cash inflows with the company recieves.Here the question is asked of the method the company uses to prepare the statement of cash flows.Whenever an organization works , lots of transactions and money give and take happens and ultimately the company end up using standard methods.Cash flow is calculated as such that the total operating income and the dereciation charge adds up.The tax then substracted from the added up value of operating income and depreciation charge of the company.To know more about cash visit:
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