Some entrepreneurs use family and friends as the source of personal financing.
Entrepreneurs are individuals who identify opportunities, take risks, and create value. They are the lifeblood of any economy and are responsible for driving economic growth, creating jobs, and introducing new products and services that improve people’s lives. In today’s world, the need for entrepreneurs is greater than ever. Entrepreneurs are innovators who create new businesses and industries, offering alternative solutions to existing problems. They develop new products, services, and processes that make life better for people. They have the ability to think outside the box and find creative solutions to problems.
To know more about Entrepreneurs visit:
https://brainly.com/question/13897585?referrer=searchResults
#SPJ4
mainstream economists have adopted some ideas from ret and some rational expectations assumptions are being incorporated into current macroeconomic models. group of answer choices false true
The term "mainstream economics" refers to the orthodox or "neoclassical" school of thought in which all participants are rationally motivated and markets are guided by an invisible hand. Adam Smith's ideas are where modern economics got its start.
What do mean by Mainstream economists ?
The dominant theory envisions an economic system in which there can never be a crisis, i.e., a system in which:
1) monetary authorities control money supply but not credit supply, which depends on saving decisions;
2) banks are merely intermediaries that do not create risks; and
3) the process of wealth creation.
Economic theories that depart from conventional wisdom or neoclassical principles are referred to as heterodox. Despite the fact that the majority of economists support traditional economic theories, they frequently turn to neoclassical notions of market equilibrium and rationality.Prices are lowered in a market where there is competition. The economy as a whole benefits from more individuals having the means to purchase goods, which is excellent for consumers as well as businesses.To know more about "mainstream economics" please click here ; https://brainly.com/question/29670291
#SPJ1
vertical analysis of financial statements is accomplished by preparing common-size statements. t or f
True, the vertical analysis of financial statements is accomplished by preparing common-size statements.
Each line item in the income statement or balance sheet is expressed as a proportion of the total assets using vertical analysis. To create common-size statements, these percentages are computed. To determine how each line item fits into the overall picture of an income statement, balance sheet, or cash flow statement, we can utilize vertical analysis.
A type of examination and interpretation of the financial statement is the common size statement. Another name for it is vertical analysis. With this approach, each line item in the financial statements is analyzed in relation to the base amount for that specific accounting period.
To learn more about Financial statements visit: https://brainly.com/question/24085898
#SPJ4
which of the following is not one of the common methods for producing a net charge on an object?
Production of additional charges of a particular sign by strong pressurization or depressurization is not one of the common methods for producing a net charge on an object.
"Net" refers to the sum after positive and negative charges have been included. When an atom contains more electrons than protons, this is referred to as having a net charge on it. Because the charges add up to positive and negative values, the +1 charge entirely cancels out the -1 charge. The SI unit for net charge is the coulomb.
If there are more protons than electrons, the net charge of the thing is positive. If an object has more electrons than protons, it has a negative charge. If the protons and electrons in a thing are equal, the object is electrically neutral.
To know more about Net charge here-
https://brainly.com/question/29301875
#SPJ4
Amounts earned from delivering goods or services to customers are called ________.
A) notes receivable
B) unearned revenues
C) revenues
D) withdrawals
Amounts which earned from delivering goods or services to customers are called revenues. It is option C.
It is revenue because the money earned after delivering goods or services to customers.
What is revenue?Revenue is the money acquired by a company received mainly from the sale of its services or products to customers. A sales revenue is obtained when the seller previously delivered the goods being bought by the seller.
Revenue, also known as gross sales, is frequently referred to as the top line since it sits at the top of the income statement. Income itself, or net income, is a company's total profit or earnings.
Types of revenue include: the sale of goods, products, or merchandise; the sale of services, such as consulting; and, rental income from a commercial property.
Learn more about revenue at: https://brainly.com/question/29567732
#SPJ4
describe the difference between independent and dependent demand and give an example of each for a pizza restaurant
Demand for a production plan, any such laptop, motorbike, or pizza, is considered to as independent demand. Demand for subcomponents or structural components, on the other hand, is known as dependent demand.
For example, this would include the computer systems in the computer, the pedals on the motorcycle, or the mozzarella on the pizza. When demand for an item is independent of desire for other items, that item is considered to fall under the category of independent demand. final products Independent demand items are those that are produced for stock and sale or ordered by external customers. Dependent demand items, also known as components, structural components, produced parts, purchasing parts, and agricultural products, are goods whose consumption is generated by the one-by-one estimate based on independent demand items, such as goods and service parts.
Learn more about dependent demand here:
https://brainly.com/question/24300739
#SPJ4
if business schools take the approach that their students are a product of the school, who would be the customer?
the teachers
Explanation:
why is direct-to-consumer marketing of diagnostic tests for mental illness and behavioral problems a dangerous practice?
Behavioral problems a dangerous practice our emotional, psychological, and social well-being are all parts of our mental health. It affects our thoughts, emotions, and behaviours.
It also helps us to decide how we respond to stress, interact with people, and make good decisions. Every stage of life—from childhood and youth to adulthood—involves the importance of mental health.The term "diagnostic" refers to anything that assists in locating a problem or sickness. A car's emissions test is an illustration of a diagnostic test.
A symptom that is typical of a certain condition and helps doctors identify it is an example of a diagnostic sign. A exam is considered to be "standardised" if it is given and scored in a predictable, or "standard," way.Standardized tests are set up so that the questions and interpretations are consistent, and they are given and scored in a preset, uniform method.
To know more about diagnostic tests visit:
https://brainly.com/question/24288343
#SPJ4
choose the groups of performance measures typically used in the balanced scorecard approach.
The groups of performance measures typically used in the balanced scorecard approach is financial, internal company processes, learning and development and customer views are the four categories that make up the balanced scorecard strategy.
Client definition: An individual or company who orders products or services from this other company is known as a customer. Customers are significant since individuals bring in money. Organizations could end
their existence absent them.
Customer service is defined as...
Customer care is the assistance you provide to your clients to make their interactions using company simple plus exciting, both when and when they obtain and utilize your products or services. If you wish to keep clients but instead scale your business, you
must provide exceptional service.
To know more about Customer visit:
https://brainly.com/question/29824242
#SPJ4
Bug-Off Exterminators provides pest control services and sells extermination products manufactured by other companies. Following is the company's unadjusted trial balance as of December 31, 2021.
December 31, 2021
Unadjusted Trial Balance
Debit Credit
Cash $ 19,200
Accounts receivable 20,570
Allowance for doubtful accounts $ 850
Merchandise inventory 15,000
Trucks 43,000
Accumulated depreciation—Trucks 0
Equipment 51,600
Accumulated depreciation—Equipment 14,070
Accounts payable 5,550
Estimated warranty liability 1,950
Unearned services revenue 0
Interest payable 0
Long-term notes payable 26,000
Common stock 21,000
Retained earnings 63,600
Dividends 21,000
Extermination services revenue 82,000
Interest revenue 894
Sales (of merchandise) 93,826
Cost of goods sold 49,600
Depreciation expense—Trucks 0
Depreciation expense—Equipment 0
Wages expense 46,000
Interest expense 0
Rent expense 20,000
Bad debts expense 0
Miscellaneous expense 1,270
Repairs expense 13,500
Utilities expense 9,000
Warranty expense 0
Totals $ 309,740 $ 309,740
The following information in a through h applies to the company at the end of the current year.
The bank reconciliation as of December 31, 2021, includes the following facts.
Cash balance per bank $ 16,200
Cash balance per books 19,200
Outstanding checks 2,350
Deposit in transit 3,000
Interest earned (on bank account) 74
Bank service charges (miscellaneous expense) 26
Reported on the bank statement is a canceled check that the company failed to record. (Information from the bank reconciliation allows you to determine the amount of this check, which is a payment on an account payable.)
An examination of customers’ accounts shows that accounts totaling $690 should be written off as uncollectible. Using an aging of receivables, the company determines that the ending balance of the Allowance for Doubtful Accounts should be $755.
A truck is purchased and placed in service on January 1, 2021. Its cost is being depreciated with the straight-line method using the following facts and estimates.
Original cost $ 43,000
Expected salvage value $ 12,400
Useful life (years) 4
Two items of equipment (a sprayer and an injector) were purchased and put into service in early January 2019. They are being depreciated with the straight-line method using these facts and estimates.
Sprayer Injector
Original cost $ 29,200 $ 22,400
Expected salvage value $ 3,000 $ 3,600
Useful life (years) 8 5
On September 1, 2021, the company is paid $15,900 cash in advance to provide monthly service for an apartment complex for one year. The company began providing the services in September. When the cash was received, the full amount was credited to the Extermination Services Revenue account.
The company offers a warranty for the services it sells. The expected cost of providing warranty service is 2.50% of the extermination services revenue of $71,400 for 2021. No warranty expense has been recorded for 2021. All costs of servicing warranties in 2021 were properly debited to the Estimated Warranty Liability account.
The $26,000 long-term note is an 8%, five-year, interest-bearing note with interest payable annually on December 31. The note was signed with First National Bank on December 31, 2021.
The ending inventory of merchandise is counted and determined to have a cost of $13,900. Bug-Off uses a perpetual inventory system.
Required:
1. Determine amounts for the following items:
Correct (reconciled) ending balance of Cash; and the amount of the omitted check.
Adjustment needed to obtain the correct ending balance of the Allowance for Doubtful Accounts.
Depreciation expense for the truck used during year 2021.
Depreciation expense for the two items of equipment used during year 2021.
The adjusted 2021 ending balances of the Extermination Services Revenue and Unearned Services Revenue accounts.
The adjusted 2021 ending balances of the Warranty Expense and the Estimated Warranty Liability accounts.
The adjusted 2021 ending balances of the Interest Expense and the Interest Payable accounts.
2. Use the results of part 1 to complete the six-column table by first entering the appropriate adjustments for items a through g and then completing the adjusted trial balance columns. Hint: Item b requires two adjustments.
3. Prepare journal entries to record the adjustments entered on the six-column table. Assume Bug-Off’s adjusted balance for Merchandise Inventory matches the year-end physical count.
4a. Prepare a single-step income statement for 2021.
4b. Prepare the statement of retained earnings (cash dividends during 2021 were $21,000), for 2021.
4c. Prepare a classified balance sheet for December 31, 2021.
Correct (reconciled) ending balance of Cash: $17,300
Amount of the omitted check: $690
Adjustment needed to obtain the correct ending balance of the Allowance for Doubtful Accounts: $755 - $850 = -$95
Depreciation expense for the truck used during year 2021: $43,000 - $12,400 / 4 = $9,600
Depreciation expense for the two items of equipment used during year 2021: ($29,200 - $3,000) / 8 + ($22,400 - $3,600) / 5 = $3,650 + $3,600 = $7,250
The adjusted 2021 ending balances of the Extermination Services Revenue and Unearned Services Revenue accounts: $82,000 - $15,900 = $66,100 and $15,900
The adjusted 2021 ending balances of the Warranty Expense and the Estimated Warranty Liability accounts: $71,400 * 2.5% = $1,785 and $1,950 - $1,785 = $165
The adjusted 2021 ending balances of the Interest Expense and the Interest Payable accounts: $26,000 * 8% / 12 = $320 and $320
Adjusted Trial Balance
Debit Credit
Cash $ 17,300
Accounts receivable 20,570
Allowance for doubtful accounts $ -95
Merchandise inventory 13,900
Trucks 43,000
Accumulated depreciation—Trucks $ 9,600
Equipment 51,600
Accumulated depreciation—Equipment 21,320
Accounts payable 5,550
Estimated warranty liability 165
Unearned services revenue 15,900
Interest payable 320
Long-term notes payable 26,000
Common stock 21,000
Retained earnings 77,435
Dividends 21,000
Extermination services revenue 66,100
Interest revenue 894
Sales (of merchandise) 93,826
Cost of goods sold 49,600
Depreciation expense—Trucks $ 9,600
Depreciation expense—Equipment 7,250
Wages expense 46,000
Interest expense 320
Rent expense 20,000
Bad debts expense 690
Miscellaneous expense 1,296
Repairs expense 13,500
Utilities expense 9,000
Warranty expense 1,785
Totals $ 345,636 $ 345,636
an important reason the federal reserve would not want to keep interest rates at 0% forever is that doing so would?
The Banking System would not want interest rates to remain at 0% including the fact that doing so would restrict its flexibility to implement expansionary monetary policy in the event of the next recession.
What does the term interest mean?The fee you paid to borrow more money or the fee you demand to lend money is called interest. Interest is often expressed as an annual percentage of the borrowed amount. The rate of return on the loan is known as this percentage.
What is an example of interest?Consider borrowing $1,000 at a 10percent annual interest rate for seven years. Your interest for the first year would be $100. Your interest payment for the next year would be made up of the principle amount plus interest, or $1,100. As a result, your interest for the next year would be $110 ($1,100 multiplied by 0.10).
To know more about Interest visit :
https://brainly.com/question/29480777
#SPJ4
Which of the following taxes are allowed as deduction while computing the business income?A. Wealth-taxB. Income-taxC. Sales taxD. None of the above
Sales tax is allowed as a deduction while computing the business income
Sales tax is a tax that is imposed on the sale of goods and services, and it is typically paid by the consumer. Businesses are required to collect the tax from their customers and remit it to the appropriate tax authorities. However, businesses may be able to claim a deduction for sales taxes paid on purchases.
These are the purchases that are used for business purposes and are not considered to be personal expenses. In order to claim this deduction, businesses must be able to provide documentation of the sales tax paid, such as receipts or invoices. The business must consider the rules for deducting sales tax may vary depending on the specific tax laws of the jurisdiction in which the business is located.
Read more about Sales tax on:
https://brainly.com/question/4031945
#SPJ4
how does contractionary monetary policy affect real gdp, unemployment, and the price level in the short run?
The contractionary monetary policy affects by decreasing real GDP, rising unemployment rate and falling price level
Contractionary monetary policy refers to actions taken by a central bank, to reduce the supply of money in the economy and tighten credit conditions. This type of policy is typically implemented in an effort to curb inflation or stabilize financial markets. In the short run, contractionary monetary policy can have a number of effects on the economy. These effects may include:
Increasing real GDP: The policy can lead to a decrease in aggregate demand, which can result in a decrease in real GDP in the short run. However, if the policy is successful in reducing inflation, it may lead to an increase in real GDP in the long run.
Falling unemployment rate: The policy can lead to a decrease in economic activity and job creation, which may result in a rise in the unemployment rate in the short run. However, if the policy is successful in reducing inflation, it may lead to a fall in the unemployment rate in the long run.
Rising price level: The policy can lead to a decrease in the supply of money and credit, causing price level to rise in the short run. However, if the policy is successful in reducing inflation, it may lead to a decrease in the price level in the long run.
Read more about contractionary monetary policy on:
https://brainly.com/question/27500362
#SPJ4
builders and construction firms expect that the price of copper will rise dramatically in the near future. demand; supply: equilibrium price: equilibrium quantity exchanged which determinant changed?
Demand: No change in demand.
Supply: Decrease in supply
Equilibrium price: Increase in equilibrium price
Equilibrium quantity : Decrease in equilibrium quantity
Which determinant changed : The input price determines change.
There is no change in demand .
Builders will reduce output because higher expected prices for inputs like copper will increase production costs.
Price will increase because the supply curve will shift left.
Quantity will decrease because the supply curve will shift to the left.
The Price of input determines the change.
What is Supply Curve?The supply curve illustrates the relationship between the price of an item or service and the volume delivered over a specific time period. In a common situation, the amount supplied will be shown on the horizontal axis and the price will be shown on the left vertical axis.
To learn more about Supply Curve refer here:
https://brainly.com/question/1915798#
#SPJ4
what is created when team members articulate and agree upon the goals, roles, leader, decision-making process, and meeting times for the team?
When team members clearly and mutually agree on the team's goals, positions, leader, procedure for making decisions, and meeting times, a team contract is produced.
The standards that are anticipated of all team members are laid out in a team contract.
It is approved during a team meeting and signed by all participants. Its purpose is to clearly define each team member's responsibilities while also fostering a supportive and collaborative environment.
A team contract is most frequently utilized when a new team is formed since it can assist the team come together and provide clear obligations for members who may be unfamiliar with the division or organization.
learn more about contract here:
https://brainly.com/question/15241819
#SPJ4
the trend within organizations is to move towards variable pay and expanded eligibility compared to fixed pay structures. group of answer choices true false
The statement id False, the trend within organizations is to move towards variable pay and expanded eligibility compared to fixed pay structures.
A firm, institution, group, or other type of body made up of one or more people and serving a specific function is referred to as an organizations. A wide range of legal entities exist, including corporations, governments, non-governmental organizations, political groups, international organizations, armed forces, charities, for-profit businesses, partnerships, cooperatives, and educational institutions, among others. A hybrid organization is one that performs public functions and creates commercial market activity simultaneously in the public and private sectors. A volunteer-run organization is referred to as a voluntary association. Depending on the jurisdiction, these organizations, such as informal clubs or coordinating bodies, may be able to operate without having to comply with legal requirements. These organizations must have a goal in mind, which it is possible for them to express through a manifesto, mission statement, or in a more informal way by how they act. In the case of secret societies, criminal organizations, and resistance groups, organizations may also function covertly or unlawfully. Additionally, in some circumstances, other groups (such as MLK's organization) may present impediments.
To know more about please organizations refer: https://brainly.com/question/28477679
#SPJ4
g investor-owners of a corporation are called which of the following? select one: a. profit and loss owners b. shareholders c. limited partners d. profit owners
B is the correct answer. A shareholder is someone who holds at least one share of a company's stock or unit in a mutual fund.
A shareholder can be an individual, business, or institution. Ownership of the corporation, in essence, rests with the shareholders, who also have specific obligations. They can benefit from a business's success thanks to this sort of ownership.
Increased stock prices or dividend payments are two ways that these benefits are given forth. In contrast, a company's share price will always fall when it experiences a loss, which might result in financial losses for shareholders or a deterioration in their portfolios.
Anyone who owns stock in a corporation—whether they are an individual, business, or institution—is a shareholder.
One share is the minimum amount that a shareholder of a firm may own.
learn more about shareholder here:
https://brainly.com/question/28170754
#SPJ4
an agent with authority to represent the principal only for a specific transaction, usually for a limited time is a(n):
An agent with authority to represent the principal only for a specific transaction, usually for a limited time is limited agency.
The typical real estate agency is a limited agency, depending on the amount of power granted to the agent. In a limited agency, one person, the agent, represents another person, the principle, in legal actions like signing contracts.A briefing in which one entity officially appoints another to act on its behalf is known as a principal-agent relationship. 1 In a principal-agent relationship, the agent represents the principle and is not permitted to have a conflict of interest when performing the act. in business partnerships.
To know more about Limited agency visit:
https://brainly.com/question/10313678
#SPJ4
true or false: online review websites like yelp and tripadvisor should not be used for conducting reputation management
Online review websites like yelp and TripAdvisor should not be used for conducting reputation management. This statement was false. Thus, option (b) is correct.
What is websites?World Wide Web pages that are typically linked to one another and are made available on the internet by a personal, firm, or institution. A list of web of websites pages and related stuff that share a similar domain name and are hosted on at least a Single.
According to the online reputation management, are the review websites are the used for the attract the customer for the increases the views on the website. It was the strategies to conducting reputation management.
As a result, the statement was false. Therefore, option (b) is correct.
Learn more about on websites, here:
https://brainly.com/question/29777063
#SPJ1
if a company earns $1,000 profit, has 100 shares issued and outstanding, and a share price of $2, what are the earnings per share?
The earnings per share EPS would be equal to $1,000 / 100 = $10 per share.
To calculate the earnings per share (EPS) for a company, you would first need to determine the net income available to shareholders. This is the company's profit minus any dividends paid to preferred shareholders. If the company has no preferred shareholders and has issued 100 shares, the net income available to shareholders would be equal to the company's profit of $1,000.
To calculate the EPS, you would then divide the net income available to shareholders by the number of shares outstanding. This means that each share of the company's stock would earn $10 of net income. The EPS is an important metric for investors, as it provides a measure of how much profit a company is generating for each share of stock. It is often used to compare the profitability of different companies or to assess the potential return on an investment in a company's stock.
Learn more about earnings per share (EPS) here:
https://brainly.com/question/19578852
#SPJ4
Point-of- are product aociation that are not necearily unique to the brand but may in fact be hared with brand
Points-of-parity are those associations not necessarily unique to the brand but perhaps shared with other brands. those associations designed to negate competitors' points-of-difference or overcome perceived weaknesses or vulnerabilities of the brand.
A brand requires points of parity in order to be taken into account by the consumer. In this case, a brand's similarity to others may give customers the impression that it is "good enough" to be discussed.
Any area in which your company is equivalent to that of your rivals and is taken into account by clients when making purchases is known as a point of parity. The characteristics of goods or services that create differentiation are referred to as their point of difference.
Read more about product aociation at
https://brainly.com/question/29434527
#SPJ4
A couple deposits $17,000 into an account earning 2% annual interest for 15 years. Calculate the future value of the investment if the interest is compounded daily. Round your answer to the nearest cent
The correct answer is $32652 the future value of the investment if the interest is compounded daily.
An investment is a purchase undertaken with the hope of earning money or increasing capital. Appreciation is the term for an asset's value rising over time. When someone invests in something, they do it with the intention of using it to generate money in the future rather than for current consumption. Why investing is crucial. Investing is a smart way to put your money to work and might even make you richer. If you make smart investing choices, your money may increase in value and outpace inflation. The key factors influencing investment's larger growth potential are the power of compounding and the trade-off between risk and return.
To learn more about investment click the link below:
brainly.com/question/15353704
#SPJ4
mashasito is borrowing $18,000 to buy a car. the terms of the loan call for monthly payments for three years at 6 percent interest. what is the amount of each payment?
The amount of each payment is $547.59.
Payment Amount means any loan advance unpaid administrator advance, unpaid indemnification liability, or any other amount required to be funded by Lender under this Agreement. Monthly installments are the amounts paid each month to pay off the loan over the term of the loan.
When you take out a loan, you have to repay not only the principal and the amount you borrowed, but also accrued interest. The total invoice amount is the expected payment amount on the invoice date. This includes opening balances new purchases fees, funding costs less previous payments, or other outstanding balances.
Learn more about The amount here:- https://brainly.com/question/24553900
#SPJ4
people like waitstaff, bartenders, dining room managers, and hosts are expected to dress and act appropriately to interact with patrons and work as part of what staff? front of the house line cooks back of the house sanitary crew
Front-line staff such as reservationists,parking attendants, hosts and receptionists,bartenders,servers,and bus staff,are primarily responsible for them.
In this type of service,diners take plates from the stack and head to the buffet counter where food is stored in large pans and trays with burners. Guests can serve themselves,or they can ask the server behind the buffet table to serve.A host or hostess is responsible for greeting, welcoming, and seating customer as they enter a restaurant or dining room.The waiters prepare the tables for the new customers by removing the dirty dishes. and cleaning the table top. Since they spend a lot of time in the dining room, they must wear clean aprons and adopt a professional attitude.The waiter, using two large silver serving forks in his hand, places the food on the guests' plates.Each food is served by the waiter from sources to their individual plates.
To learn more about professional please click on below link.
https://brainly.com/question/3396195.
#SPJ4
an insured under a personal auto policy has his corvette smashed into a tree by a flood. how would his policy respond?
An insured under a personal auto policy has his corvette smashed into a tree by a flood. His policy would respond other than collision pays.
Collision insurance covers damage to your car brought on by flipping it over or colliding with an object (such as a telephone pole, a guard rail, or a mailbox). The typical annual expense is around $290. Your deductible is subtracted from the cost of repairs when you have collision insurance.
Following the payment of your deductible, collision coverage assists in covering the cost of repairing or replacing your car up to its real cash worth.
In the event of a covered accident involving a collision with another vehicle, collision insurance covers damage to your vehicle. This can entail making repairs to your insured car or replacing it entirely.
Know more about collision here:
https://brainly.com/question/4322828
#SPJ4
a group of managers from various departments is in charge of evaluating the performance of the staff employees every year. this is a(n)
a group of managers from various departments is in charge of evaluating the performance of the staff employees every year. this is a standing committee.
Members of Parliament, or MPs, make up a standing committee of the Indian Parliament. It is a regular, permanent committee that is occasionally created in line with a parliamentary legislation or the procedures for conducting business. These parliamentary committees handle a sizable percentage of the work that the Indian Parliament does because of the complexity and volume of that activity.
The committee structures in the Rajya Sabha and Lok Sabha, both Houses of Parliament, are similar with a few minor exceptions. Their election, terms in office, duties, and administrative procedures are basically the same.
learn more about standing committee here
https://brainly.com/question/7999992
#SPJ4
what are the primary factors that will determine whether debt snowballs out of control or slowly melts?
Whether financing economically worthwhile expenditures, like as infrastructure, through federal deficits.
Why does the federal deficit matter?Debt-ridden nations will have less money to invest in their own future. Lessening economic chances for Americans as a result of rising debt. Rising debt discourages corporate investment and impedes economic expansion. Additionally, it raises predictions for rising inflation rates and a decline in confidence in the US dollar.
Is a federal deficit beneficial?Theoretically, a rise in the fiscal deficit might stimulate a sluggish economy by increasing consumer spending and investment opportunities by giving people more money. However, long-term deficits may be harmful to stability and economic growth.
To know more about federal deficit visit:
https://brainly.com/question/13852240
#SPJ4
what is the present worth of a two-part legal settlement if the interest rate is 4%? $100,000 is received at the end of year 1 and $400,000 at the end of year 5.
424924.69 dollars are the present value. Here, r is 4%. So, PV = 100000/1.04 + 400000/1.045 = 96153.85 + 328770.84 = 424924.69$.
The present value of a sum of money or stream of cash flows that will occur in the future at a specific rate of return (PV). Future cash flows are discounted using the discount rate, and as the discount rate rises, so does the present value of those future cash flows.
The term "present value" refers to the value of a sum of money now, given its future value. The present value, for instance, is the value of $110 right now if you are promised it in a single year.
learn more about present value here:
https://brainly.com/question/29586738
#SPJ4
because it allows clients and investors, who might not be familiar with more evolved tools, to visualize the entire project at a glance, one of the first creations of a project manager is a
because it allows clients and investors, who might not be familiar with more evolved tools, to visualize the entire project at a glance, one of the first creations of a project manager is a PERT network chart. Thus option B is correct.
What is a Project manager?A Project manager refers to a person who is responsible head of any project and helps in arranging the resources, checking the progress, and timely completion of it.
The project management tool used to design, arrange, and oversee a project's tasks is the PERT chart. Project managers can analyze each individual piece of the project's work by breaking it down into its component parts using the graphical roadmap it provides.
Therefore, option B is appropriate.
Learn more about Project managers, here:
brainly.com/question/29023210
#SPJ1
on july 31, aloe inc. received $5,000 cash from a customer who previously purchased aloe's products on account. what entry should aloe inc. record at the time it receives cash?
Aloe should record, debit cash, $5,000; credit accounts receivable, $5,000. Therefore, option (C) is the correct answer.
The proceeds or money that the business will receive from its clients who have financed their purchases of its goods and services are known as accounts receivable (AR). The credit term is often brief, ranging from a few days to several months or even a full year in rare situations.
Receivable describes a payment that has not yet been realised. This implies that the business must have given its clients a credit limit. Typically, the business offers both cash and credit when selling its products and services.
When a business gives a customer credit, the sale occurs when the invoice is created, but the business gives the customer a grace period to pay the balance later.
Learn more about Accounts Receivable here: https://brainly.com/question/24848903
#SPJ4
Complete Question:
On July 31, ALOE Inc. received $5,000 cash from a customer who previously purchased ALOE's products on account. What entry should ALOE Inc. record at the time it receives cash?
A) Debit Cash, $5,000; credit Service Revenue, $5,000.
B) Debit Accounts Receivable, $5,000; credit Cash, $5,000.
C) Debit Cash, $5,000; credit Accounts Receivable, $5,000.
D) Debit Cash, $5,000; credit Accounts Payable, $5,000.
the term consumer sovereignty refers to: group of answer choices the fact that the consumer is king in a market economy, and this dictator will harshly punish any firm that does not quickly respond to his dollar votes. the fact that the consumer is ruled by the corporation and must play by its set of rules. the fact that the government is ruled by the consumer, which in turn is ruled by the corporation.
Consumer sovereignty refers that consumer is king in a market economy.
The correct option is a.
The economic principle of "consumer sovereignty" holds that the customer has some control over the products that are produced and that they are the best arbiters of their own wellbeing.
The ability of consumers to decide what end goods should be made from scarce resources, as opposed to the owners of those resources, is known as consumer sovereignty in production. The idea that consumer demand drives the creation of products and services is occasionally put up as a hypothesis .
To learn more about Consumer sovereignty, refer
https://brainly.com/question/23371615
#SPJ4