Answer:
An account that the balance is net income or net less
The Income Summary account can be defined as An account whose balance equals net income or net loss. Hence, option C is correct.
What is meant by net income?Net income is the amount that a person or business makes after expenses, reimbursements, and taxes. The amount left over after costs like salaries and wages, the price of goods or raw materials, and taxes have been paid is known as a company's net income.
The sum of an employee's paycheck that is left over after payroll deductions such as taxes, benefits, and other expenses is referred to as their gross pay. The amount that is left over after all withholding have been taken into account is referred to as net pay or take-home pay.
Net income is the amount of money that an individual has left over after taxes and other expenses.
Thus, option C is correct.
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Rina depositó $ 3,000 en un CD de 12 meses. La tasa de interés anual es de 3.75% y se compone trimestralmente. ¿Cuál es la cantidad de interés que Rina ganará en un trimestre?
The amount of the interest that Rina will earn in a quarter is $28.52 on 3.75% interest rate.
Here, we are going to employ the use of Future value to enable use derive the amount of interest.
The formula for Future value is A(1+i/m)^mn.Given Information
Present value = $3,000
Years (n) = 1
Annual interest rate = 3.75%
Compound (m) = 4
Future value = $3,000 * (1 + 3.75%/4)^1*4
Future value = $3,000 * (1+0.009375)^4
Future value = $3,000 * 1.03803064737
Future value = $3,114.09194
Future value = $3,114.09.
interest = Future value - Present value
interest = $3,114.09 - $3,000
interest = $114.09
Therefore, the amount of the interest that Rina will earn in a quarter is $28.52 ($114.09/4) on 3.75% interest rate.
The translated word is "Rina deposited $ 3,000 on a 12-month CD. The annual interest rate is 3.75% and is compounded quarterly. What is the amount of interest Rina will earn in one quarter?"
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Please help!!! 100 points!!!
please actually answer and don't just copy my question
1. In this course, you have learned how to identify business ideas and opportunities. Describe 3 trends that you've noticed (either demographic, invention/technology, lifestyle, or style/entertainment) and explain how each one might generate a small business opportunity. (1-6 sentences. 3.0 points)
***Describe 3 trends AND explain how EACH generates a small business opportunity
2. Make a list of at least 5 business ideas that you would be interested in starting as an entrepreneur. Then explain which one you think is the best opportunity for you. Give at least 3 reasons why this opportunity is better than the others. (1-5 sentences. 7.0 points)
TIP: You will create a marketing plan for this business idea in your next assignment, so pick an idea you like.
***Make a list of 5 business ideas THEN explain which one is the best opportunity for you, THEN give 3 reasons why this opportunity is better than the others.
Answer:
There
Explanation:
tennis team goes through a dozen tennis balls every week (on average). If they want to always have at least a week's supply on hand, and it takes a week to get more tennis balls, how low can their supply get before they should reorder?
Answer:
Like 4 days into the week so they can have it for the next week.
Explanation:
Answer: 24 supplies
Explanation:
12x1 week
12x1 safe week suplies
12x2 = 24
Which of the following does NOT describe advertising?
But you didn't gave any options...
How do I stop procrastinating
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What is a company's market share?
Answer:
A company's market share is its sales measured as a percentage of an industry's total revenues. Company market share is the percentage of the total target market for your product that belongs to your company.
it can be calculated by sales income, or the number of sales.
credits -
https://www.investopedia.com/ask/answers/033015/how-do-i-determine-particular-companys-market-share.asp#:~:text=A%20company's%20market%20share%20is,company%20relative%20to%20the%20industry.
is the creation of finished goods and services using land, labor, capital, entrepreneurship, and knowledge.
Answer:
production
Explanation:
a purchased intangible is valued at its original cost. original cost for acquiring a patent would include:
Answer: Legal costs to acquire, Required filing fees, Purchase price
Explanation:
2. What are some ways you should categorize your financial documents (choose all that apply)
report cards
Credit Card Statements
Tax Returns
Bank Statements
Answer:
Credit Card StatementsTax Returns Bank StatementsExplanation:
Hope this helps :)
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And have an amazing day <3
Answer:
Credit Card Statements
Tax Returns
Bank Statements
Explanation: Have no explanation besides an answer confirmed by buzz acceleration education.
Note:
Hope this helps you in the Future. Sorry for the late answer.
Explain the importance of thoroughly checking your SAR and what steps you can
take if you find any errors?
Based on financial analysis, the importance of thoroughly checking your SAR is that "possessing an accurate SAR gives individuals the high tendency of earning a financial aid award."
Generally, the financial aid awards depend on the accurate details given in the SAR report.
However, should there be an error in the SAR report, here is the step you can take:
Either you correct or update your Free Application for Federal Student Aid, often referred to as FAFSA form.
The FAFSA form can be filled online.
SAR is an acronym for Student Aid Report.
Hence, in this case, it is concluded that SAR information is crucial for students that need financial aids.
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what is the difference between covalent bonds and ionic bonds?
Answer:
Covalent bonding: is sharing an amount of e between two atoms.
ionic bonding: A type of chemical bonding that involves the electrostatic attraction between oppositely charged ions.
At the beginning of 2016, Robotics Inc. acquired a manufacturing facility for $13.6 million. $10.6 million of the purchase price was allocated to the building. Depreciation for 2016 and 2017 was calculated using the straight-line method, a 25-year useful life, and a $2.6 million residual value. In 2018, the estimates of useful life and residual value were changed to 20 total years and $660,000, respectively.
What is depreciation on the building for 2018? (Round answer to the nearest whole dollar.)
Answer:
I don't know
Explanation:
Cause I didn't do this one yet sorry :(
accounting profit is what remains after a firm has paid its _______ costs.
In accounting, Explicit cost is the cost deducted total revenue to derive the Accounting profit.
In layman word, Profit means the amount gained on a transaction done. In accounting, profit is referred to as financial profit because it is the net income earned after the deduction of all incurring costs from total revenue.
The Incurred cost is what is Explicit Cost. Explicit cost means the direct payment made to facilitate running of the business. This cost includes wage, rent, materials, raw materials etc
Therefore, the correct answer is Explicit cost because after its deduction from total revenue, the accounting profit is what remains.
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the slope of the demand curve for a monopoly firm is:
Answer:sorry man, don’t know
Explanation:
Pam has just started a business where she sells handmade jewelry. To let people know about her business, she mailed a flyer to the residents of her subdivision announcing her product line and holiday sale. The flyer contained the date and time of the sale, as well as a description of the items being sold. The flyer is a form of _______ advertising.
The flyers that Pams mailed to the residents of her subdivision is in form of an informative advertising.
Usually, an Informative advertising is used when an individual or firms launches a new product. The adverts helps to educate the potential consumers about the features of the product
In the question, we will observed that the Flyers contains the date, time of sale and description of the items being sold as well.
Therefore, the form of the advertising of the flyers is known as Informative advertising.
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what are the three main types of economic systems?
Answer:
command, market, and mixed
Velocity, a consulting firm, enters into a contract to help Burger Boy, a fast-food restaurant, design a marketing strategy to compete with Burger King. The contract spans eight months. Burger Boy promises to pay $45,000 at the end of each month. At the end of the contract, Velocity either will give Burger Boy a refund of $15,000 or will be entitled to an additional $15,000 bonus, depending on whether sales at Burger Boy at year-end have increased to a target level. At the inception of the contract, Velocity estimates an 80% chance that it will earn the $15,000 bonus and calculates the contract price based on the expected value of future payments to be received. At the start of the fifth month, circumstances change, and Velocity revises to 60% its estimate of the probability that it will earn the bonus. At the end of the contract, Velocity receives the additional consideration of $15,000.
Answer:
B
Explanation:
I need someone to help me
What's the problem? I'd be happy to help you if you would be willing to specify what you need help with.
Which of the following is a unique quality of conventions?
They are limited in their ability to directly impact the local economy because they are very brief.
They are often promoted by nonprofit, city-based organizations to bring people to the area.
They impact the industry through both spectator and participant travel needs across all travel sectors.
They take place in a variety of different types of venues, from hotels to museums to even city streets.
The unique quality of conventions is that they impact the industry through both spectator and participant travel needs across all travel sectors.
A convention is a term to refer to a type of event that is characterized by:
It can be public or private.Its main objective is to gather people around an object, thought, idea, trend, among others to offer it to the public.There are 4 main types of conventions which are:
Business convention: Focused on establishing sales and purchases between companies and individuals.Coexistence: Focused on the interaction of a group of people.Charity Convention: Focused on raising funds to promote a non-profit motive.International Convention: Focused on the international public for different purposes such as business, charitable causes, or interaction of people.
According to the above, it can be inferred that the conventions impact the tourism industry because attendees and participants must:
Travel (can be air or land) to attend the convention site (transportation).They must stay in a hotel to stay the number of days that the convention lasts.They must feed for what they contribute to the local economy by eating at local restaurantsThey must travel around the city where the convention is held, so they generally hire a companion or guide to give them a reference on the important places in the city.So, the correct answer is C. because it mentions the unique quality that conventions have about society.
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Answer:
The correct answer on FLVS is B, They are often promoted by nonprofit, city-based organizations to bring people to the area.
Explanation:
What are the disadvantages of sponsorship to the business that is being sponsored? I know the advantage is, it can increase the visibility of the company, but can't find or think of a disadvantage, unless there's none? Thanks!
Answer:
Loss of Control. In return for their compensation, sponsors may ask for things that result in the sponsored organisation relinquishing some degree of control. ...Involuntary Endorsement. ...Increased Pressure to Succeed. ...Loss of Credibility.hope this helps ♡ if my answer is correct pliz tag me brainliest ♧ thanks
Which of the following is an example of a pricing objective?
A. Minimize cost
B. Minimize profit
C. Maximize profit
D. Minimize the product life cycle
Answer:
leter d.
Explanation:
because it is can pricing object and it can ♻ sana makatulong ito
is water wet or....?
Answer:
water is a substance made up of two compound one is hydrogen and second is oxygen
the chemical formula for water is ( H2O )
Explanation:
hope it helps
Answer:
real
Explanation:
(water)
highlight characteristics of itinerant traders
what document explains your rights and responsibilities as a federal student loan borrower? your master promissory note. your billing statement. your financial aid offer
The document that explains your rights and responsibilities as a federal student loan borrower is A. your master promissory note.
The master promissory note refers to the legal document where one promises to repay their loans and any fees or accrued interests to the Department of Education.
The master promissory note also explains the terms and the conditions of the loan that's taken. It's simply a legally binding document. One has to understand the rights and then responsibilities before one takes the loan.
In conclusion, the correct option is your master promissory note.
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How many owners can a
corporation have?
A. less than 100
B. 100-10,000
C. 100-infinite
PLEASE HELP I NEED THIS
Answer: C
Explanation: There can be an unlimited amount of owners.
An oligopolist differs from a perfect competitor in that
A. there is cutthroat competition in perfect competition but little competition in oligopoly because firms have significant market power.
B. firms in an oligopoly do not produce homogeneous products while firms in perfect competition do.
C. the market demand curve for a perfectly competitive industry is perfectly elastic but it is downward-sloping in an oligopolistic industry.
D. there are no entry barriers in perfect competition but there are entry barriers in oligopoly.
Answer:
B
Explanation:
firms in an oligopoly do not produce homogeneous products while firms in perfect competition do. the market demand curve for a perfectly competitive industry is perfectly elastic but it is downward-sloping in an oligopolistic industry. there are no entry barriers in perfect competition but there are entry barriers in oligopoly.
The ledger of Skysong, Inc. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared.
Answer: See Image Below
The adjusting entries for Skysong, Inc. for March is prepared from the given selected accounts before adjusting entries have been prepared.
What are adjusting entries?Adjusting entries are journal entries that are typically made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred. Under accrual-basis accounting, the revenue recognition principle serves as the foundation for making adjusting entries for unearned and accrued revenues.
The adjusting entries are as follows:-
No. Date Account Tiles and Explanation Debit Credit
1. March 31 Depreciation expense 756
Accumulated Depreciation expense 756
2. March 31 Unearned Rent revenue 5580
Rent revenue 5580
3. March 31 Interest Expense 360
Interest payable 360
4. March 31 Supplies Expense 1935
Supplies 1935
5. March 31 Insurance Expense 1080
Prepaid Insurance 1080
Therefore, the adjusting entries are prepared on March 31.
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Shaw Industries, a giant carpet manufacturer, increases its control over raw materials by producing much of its own polypropylene fiber, a key input to its manufacturing process. This is an example of
A. creating value by using related diversification to acquire market power by integrating vertically.
B. related diversification to acquire market power by pooling negotiating power.
C. related diversification to acquire economies of scope by integrating vertically to acquire market power.
D. related diversification to acquire economies of scope by leveraging core competencies.
It is an example of creating value by using related diversification to acquire market power by integrating vertically.
Market power can be defined as the degree to which a company can influence the prices of its goods and services. The larger the concentration of a firm in an industry, the higher its market power. For example, if the a firm constitutes 75% of an industry, its market power would be higher than that of a firm that constitutes 10% of an industry.
Vertical integration is when a firm expands its production capabilities by undertaking production of goods on its supply chain. An example is when the carpet manufacturer begins to produce its raw materials instead of buying it from third parties.
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Bonds are basically also known as what?
a
Loans
b
Contracts
c
Volatile Investments
d
None of the Above
bonds are basically known as
b)contracts
1. Which of the following is an example of an intermediary?
A. Auto manufacturer
B. Auto parts manufacturer
C. New car dealership
D. Auto repair shop
Considering the available options, an example of an intermediary is "New car dealership."
This is based on the idea that an intermediary is an organization between the producers and the final consumers in the business chain transaction.
Thus, a new car dealership is considered an intermediary because he is neither a producer nor the final consumer of the automobile product.
Generally, in any industry, there are different types of intermediaries, they include:
agents, wholesalers, distributors, and retailers.
Hence, in this case, it is concluded that the correct answer is option C. "New Car Dealership."
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