here you go
Explanation:
A partnership is a business shared by multiple owners. It's not a legal business entity, and it doesn't have to be registered with the state. Basically, if you decide to go into business with another person without filing any state paperwork, you're automatically in a partnership
Explain your understanding of the closing process by choosing the correct statements below. (Check all that apply.) Multiple select question. the closing process helps to determine a company's liquidity. the closing process resets the balances in temporary accounts to zero. the closing process helps to summarize a period's revenues and expenses. the closing process is a helpful step in preparing financial statements.
Answer:
Resets the balances to zero
The closing process helps to summarize a period's revenues and expenses and resets the balances in temporary accounts to zero. Thus, options B and C are correct.
What is the closing process?The word “closing process” describes a set of operations that had successfully been carried out in order to officially end and effectively close certain responsibilities, operations, and constituent pieces of a certain program or segment of a venture.
In the closing process, the people have to summarize or take the account all the expenses or the process that the person has obtained.
This means that the person needs to maintain all the books till the last date for any order to do that they also have to reset the balance to a temporary one to resolve all the queries and inquiries that they are having a query which they are facing. Therefore, option B and C is the correct option.
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John is on a tight budget. He has a credit card with a very high interest rate. Most months he struggles to make the minimum payment on the card. He is eligible for an upgrade on his smartphone and it will only cost him $400. He doesn’t have the cash but could put it on his credit card. Why might this purchase be a risk
Answer:
because he will be in debt with the credit card again most likely not being able to pay that debt so interest will add on and put Jim further in debt. which is never good
Becoming a member of the school newspaper staff is a great way to
gain military experience
improve teamwork skills
make extra spending money
teach leadership abilities
Becoming a member of the school newspaper staff is a great way to: improve teamwork skills.
Becoming a member of the school newspaper staff affords a person the opportunity to work with others.
This job role requires a measure of cooperation and teamwork as the individual will have to work with others to create great content.
So, availing oneself of this role will help to improve teamwork skills.
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A certificate of deposit offers a nominal interest rate of 3.5 percent annually.
If inflation is 1.5 percent, what is the real rate of return?
A. 1 percent
B. 1.75 percent
C. 2.5 percent
D. 2 percent
Answer: "2 percent"
Explanation:
Just took the test, ANSWER is DEFINITELY "2 percent"
The real rate of return is 2%. Thus the correct option is (D).
What is real rate of return?The real rate of return refers to the return which is got after the deduction of the taxes and inflation.
For the calculation of real rate of return formula is used. So the formula for real rate of return is as follows:
Real rate of return = 1+N/1+i -1
In which N is the nominal rate and i is the inflation rate. A certificate of deposits provide the interest rate of 3.5% annually and inflation is 1.5%
Thus N is 0.035 and inflation (i) is 0.015.
So the real rate of return is:-
R = 1+N/1+i -1
R = 1+ 0.035/1+0.015 -1
R = 1.035/1.015 -1
R = 1.0197 -1
R = 0.0197
0.0197*100= 1.97~ 2%
Thus the real rate of return is 2%. The correct option is (D).
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Frictional unemployment is defined as a type of unemployment that is caused by workers who ______. Multiple choice question. have skills that have become obsolete or are no longer marketable have given up searching for new employment are out of work because of a decline in total spending in the economy unemployed as they actively search for a new job.
Answer: unemployment as they actively search for a new job
Explanation:
Which of these situations can be handled by using the Management Information Systems?
An organization needs different types of managements to achieve business goals smoothly. However, managers, executives, and employees face
problems and hurdles while running the organization. (Sometimes, there are problems in the inventory department. )(At times, the organization
faces problems with the performance of their products in the market.)(Decision makers of the organization are not able to take proper
decisions.)(Employees face technical Issues while feeding data into a database.)
Answer:
Which of these situations can be handled by using the Management Information Systems?
An organization needs different types of managements to achieve business goals smoothly. However, managers, executives, and employees face problems and hurdles while running the organization. Sometimes, there are problems in the inventory department. At times, the organization faces problems with the performance of their products in the market. Decision makers of the organization are not able to take proper decisions. Employees face technical issues while feeding data into a database.
Explanation:
symphonie fantastique is a multi-movement symphony that greatly employs the technique of
The technique of programatic symphony is the most important technique used in Symphonie fantastique.
Symphonie fantastique, is a French term to refer to the Fantastic Symphony.
The Fantastic Symphony is a symphony composed in 1830 by the French Hector Berlioz dedicated to Nicholas I of Russia during the early Romantic period.
This symphony is characterized as an outstanding example of descriptive or programatic music because it allows listeners to evoke images and memories.
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Fink Insurance collected premiums of $17,700,000 from its customers during the current year. The adjusted balance in the Deferred premiums revenue account increased from $5.0 million to $8.8 million dollars during the year. What is Fink's revenue from insurance premiums recognized for the current year?
a. $22,300,000.
b. $9,500,000.
c. $13,500,000.
d. $17,900,000.
The Fink's revenue from insurance premiums recognized for the current year is $13,900,000.
This is because to find Fink's revenue in this situation; we use this formula.
Insurance premium collected + Beginning Deferred premium account - Ending deferred premium;
Thus we have an Insurance premium collected => $ 17,700,000;
Beginning Deferred premium account => $ 5,000,000;
Ending deferred premium => $8,800,000;
Therefore by slotting the details into the formula, we have:
=> $ 17,700,000 + $ 5,000,000 - $8,800,000 = $ 13,900,000;
Hence, in this case, it is concluded that the correct answer is "$13,900,000."
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what is the journal entry for returned goods to sofiya of rs 6000 being defective
Answer:
sales return a/c .............Dr 6000
To Sofiya's a/c 6000
Explanation:
Can someone help me with this business question?
Answer:
technological
Explanation:
Explain how the Fed's monetary policy affects the unemployment level. The Fed's monetary policy -Select- interest rates, which affect the cost of borrowing by households and businesses which in turn, -Select- the demand for products and services. The aggregate demand for products and services -Select- the number of people employed by businesses and therefore -Select- the unemployment level.
Answer:
17
Explanation:
what is Advertising , according to the American Marketing Association
American Marketing Association recognizes the term advertising as – any paid form of non- personal presentation and promotion of ideas, goods and services by an identified sponsor. ... Advertising is a non-personal form of communication because it uses mass media forms.
The path of selling goods or services directly from a manufacturer to end users with-
out using intermediaries is the
A. supply chain
B. direct channel
C. indirect channel
D. pipeline
Answer: C.indirect
Explanation: hope this helps
a business goes to the trouble and expense of segmenting its markets when ______.
Answer:
it expexts that this will increase sales and profits
Explanation:
how many times was the debt ceiling raised from 2016 to 2020?
Answer:
2.
Explanation:
On March 15, 2017, it was raised by $1.7B. On September 30, 2017, the debt ceiling was suspended. On March 1, 2019, it was $22.03T and raised by $2.18B. On August 2, 2019, it was again, suspended.
The
the unemployment rate, the
worse the economy.
A. lower
B. higher
C. more stagnant
Answer:
a
Explanation:
less people working less people to distribute their products
a key characteristic of a competitive market is that
Answer:
There are many buyers and sellers in the market. Each company makes a similar product
(please give brainliest)
A key feature of a competitive market is the presence of numerous buyers and sellers, and each company produces a comparable product.
What is the competitive market?A perfect market, is also referred to as a competitive market, is defined in economics by several idealizing conditions, collectively known as perfect competition, or atomistic competition. It creates jobs and gives people a choice of employers and work environments.
A healthy market competition is critical to the functioning of the US economy. When firms compete for customers, it leads to lower prices, higher quality goods and services, greater variety, and more innovation.
Therefore, The presence of numerous buyers and sellers is a key feature of a competitive market, and each company produces a comparable product.
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the consumer price index tries to gauge how much incomes must rise to maintain
Answer: a constant standard of living
Explanation:
Which of the following is a benefit of fixed interest rates for borrowers? (1 point)
O Fixed interest rates are initially lower than variable interest rates.
O Fixed interest rates are as easy for borrowers to budget as variable interest rates.
O Fixed interest rates are easier for borrowers to budget than variable interest rates.
O Fixed interest rates are more likely to decrease and save borrowers money than variable interest rates.
Answer:
Fixed interest rates are easier for borrowers to budget than variable interest rates!!!!!
In comparison to variable interest rates, fixed interest rates are simpler for borrowers to budget. Therefore, Option (C ) is the proper answer.
What is a fixed interest rate?A loan with a fixed interest rate is one in which the interest rate does not change over the loan's fixed rate duration. This enables the borrower to anticipate their future payments with accuracy. In contrast, loans with variable rates are tied to the current discount rate.
A loan or credit line with a fixed interest rate has a specified, fixed interest attached to it that must be repaid along with the principal. The most popular type of interest for customers is a fixed rate since it is simple to calculate, simple to comprehend, and steady.
Both the borrower and the lender are aware of the exact interest rate obligations associated with a loan or credit account.
Hence, Option (C ) is the correct answer.
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Emily and Jo, parents of two of your classmates, are starting a business that will provide packing, cleaning, and hauling services to college students. You have been hired as a consultant to help them select from among five generic types of competitive strategy to pursue as their company enters the marketplace. What are the five generic types of competitive strategy?
The five generic types of competitive strategy are:
low-cost provider, broad differentiation, focused low-cost, focused differentiation, and best-cost provider
A business would set out to become the low cost provider in the market. While trying to achieve this, they have to exploit all sources of cost to their own gain.
Broad differentiation means the uniqueness that the business would provide in the market that is different from what is offered by the competitors.
Focus has to do with channeling the attention of the business to a particular or narrow scope that would be beneficial to the consumers.
Focus also has to do with targeting a particular group to render services or provide your services to.
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Applicants having a background similar to the current workforce is a primary
disadvantage of which recruitment method?
The main disadvantage of the internal recruitment method is the selection of candidates with experience similar to that of the current workforce, because the use of promotion and transfer, for example, does not allow the entry of new people into the organization.
In this method of internal recruitment made by promoting and transferring employees to other positions, it can be faster to be performed, but it can have disadvantages such as:
Absence of employees with different experiences.Reduced innovation.Increased internal conflicts due to competition.Limited choice.Therefore, it is necessary that the recruitment method used is aligned with the company's strategic planning, so that human capital helps in achieving the objectives and goals.
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What effect do communication skills have on ability to pursue
Answer:
you. dummy joking I. don't know
if selling and administrative expenses are allocated to different products, they should be reported as a
Answer:
Period Cost
if selling and administrative expenses are allocated to different products, they should be reported as a PERIOD COST.
If selling and administrative expenses are allocated to different products, they should be reported as a period cost. Thus the correct option is D.
What is a Product?A product is referred to as final or finished goods distributed in the market to serve the customers. This product can be both goods and services in which goods are tangible and services are intangible.
The continuing cost of maintaining a system, business, or product is known as an operating expense. The costs of running a business referred to this.
These selling and administrative expenses comprise salaries for managerial and administrative positions, as well as rent and utilities, advertising and promotion as well as sales
Any expenses a business has that are incidental to the manufacturing process are referred to as period costs. This indicates that they have no connection to a company's inventory costs or the price of a single product.
Therefore, option D is appropriate.
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The complete question is Probably
If selling and administrative expenses are allocated to different products, they should be reported as a
a. factory overhead cost
b. cost of goods manufactured
c. cost of goods sold
d. period cost
John is putting together an employee handbook. One thing John should NOT include in the handbook is A paragraph that tell employees that as long as performance is satisfactory, they will be retained. A chapter on the history of the company. The work rules of the company. The appeals process for a disciplinary infraction. How to accrue vacation time.
The answer is a paragraph that tell employees that as long as performance is satisfactory, they will be retained.
what is Advertising , according to the American Marketing Association
Answer+Explanation:
Advertising is the placement of announcements and messages in time or space by business firms, nonprofit organizations, government agencies, and individuals who seek to inform and/or persuade members of a particular target market or audience regarding their products, services, organizations or ideas.
A computer company purchases 25,000 computers this year and has sold 22,000 to it's customers. According to government statisticians, all 25,000 computers have been purchased. How do the statisticians reach this conclusion?
~Economics
According to government statisticians, all 25,000 computers have been purchased because the computer company purchased them originally.
In the calculation of Gross Domestic Product(GDP), double counting is avoided by:
Using only the final value of goods and services Recording only one purchase of final goods and servicesWhen the computer company first bought the computers from the supplier, this counts as a purchase of those computers because the company did indeed purchase the computers.
In conclusion, government statisticians will consider all the computers to have been purchased to avoid double counting because the computer company had bought the computers originally.
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50 points !!!!! Please help me!!! This is about Simple path to wealth by JL Collins
Answer:
sorry need koren po ng point kasi mag a ask lang din nmn po ako thnks po:(
the united states is demanding that china reduce overcapacity in which industry?
Answer:
steel sector
Explanation:
U.S negotiators prepare for those discussions this spring,they must consider the Chinese government's legacy of repeated broken promises and false statement regarding overcapacity
What source of information is most useful for telling you whether a company
is worth investing in?
A. A customer review of one the company's products
B. A press release about the company's Day of Caring
C. The company's prospectus
D. An article about the CEO's commitment to success
Answer: D. The compant prospectus
Explanation:
took quiz
1.the balance of an account is calculated as
A the total of the debit side
B the total of the credit side
C the difference between the totals of the debit and credit side
D.the sum of all entries
2.the total on the debit of an account is greater than the credit side.what does this mean?
A the account has a debit balance
B the account has a credit balance
C the account cannot be balanced
D the account has no balance
3.a credit balance occurs in a ledger account when
A the total on its debit side is greater than the credit side
B the total on its debit side is less than the total on its credit side
C the total on its debit side is equal to the total on its credit side
D the total is zero in the ledger account
Answer:
1.A
2.C
3.D
Explanation:
hope its help