When one keeps paying only the minimum amount, they will find getting out of debt harder because:
More interest will accrue on the balance leftWhen a person pays the minimum balance that they are supposed to pay on a loan, they will be leaving a larger portion of money to be paid back.
This amount will accumulate interest such that the debt will keep increasing because the interest needs to be paid back as well.
In order to get out of debt faster, it is recommended that you pay higher than the minimum because this would reduce the amount that interest is charged on which means that you would owe less interest.
In conclusion, paying the minimum balance leads to more interest accumulating which makes getting out of debt difficult.
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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)
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:
When selecting your asset allocation for your portfolio the author suggests stronglt considering your "risk tolerance" and "how much effort you are willing to apply."
True or False ???
Answer:
True
Explanation:
It's important to find an investment that will work for your needs. If an investment is too risky for your comfort levels, you may be tempted to pull out before a payoff.
If an investment requires too much effort, or maintenance and attention, you might not be able to upkeep it and end up having to abandon it.
what are the three main types of economic systems?
Answer:
command, market, and mixed
what are the factors influencing consumer behavior economic factor
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:
What does Rose argue should be the last part of a presentation to the VEnture capitalist?
Answer:
Rose argues that the last part of a presentation should wrap it up and give the final pitch. One should highlight the crucial points as to why a Venture Capitalist would want to invest in your business,
Explanation:
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.
what is the single biggest benefit of interest groups to policy makers?
Answer:information
Explanation:
A product starts marking profit after reaching the
A. growth stage of the product life cycle
B. break-even point
C. price ceiling
D.mass market
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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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.
what is the money that remains after taxes and other deductions are taken out called?
Net income. The total amount of pay received is the gross income, while the net income is the remaining amount after taxes and deductions are removed.
Answer:
Discretionary income
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
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:
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 :(
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:
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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Which of the following does NOT describe advertising?
But you didn't gave any options...
Pls help me finish this ASAP it’s due today at 3
Answer:
1. Here is Mrs. Moon’s first design. are the sandboxes.
Use a centimeter ruler and a protractor to find and compare the following measurements. Measure distances to the nearest tenth of a centimeter and angles to the nearest degree.
(a)
(b)
(c)
(d)
Explanation:
1. Here is Mrs. Moon’s first design. are the sandboxes.
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.
there are not enough goods and services to meet the wants of the population
Answer:
Explanation:
The fact that limited amounts of goods and services are available to meet unlimited wants is called scarcity. ... Scarcity always exists. There simply are not enough goods and services to supply all of society's needs and wants.
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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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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
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:
In a city with rent-controlled apartments, all of the following are true except A. it usually takes more time to find an apartment than it would without rent control. B. apartments are often in shorter supply than they would be without rent control. C. apartments usually rent for rates lower than the market rate. D. landlords have an incentive to rent more apartments than they would without rent control.
In a city with rent-controlled apartments, landlords do not have an incentive to rent more apartments than they would without rent control.
Rent control is a form of price ceiling. A price ceiling is when the government or an agency of the government determines the maximum price of a good or service. A price ceiling is considered to be binding if it is below equilibrium price and it is considered non-binding if it is above equilibrium price.
Consequences of rent-controlled apartments
There would be shortages of apartments as demand would exceed supply. it leads to the development of black markets It reduces the price consumers pay for an apartment. This increases consumer surplus
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Winters Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, Winters' ledger showed Cash of $8,000 and Common Stock of $8,000.
May 1 Purchased merchandise on account from Black Wholesale Supply for $7,100, terms 1/10, n/30.
May 2 Sold merchandise on account for $4,000, terms 2/10, n/30. The cost of the merchandise sold was $3,000.
May 5 Received credit from Black Wholesale Supply for merchandise returned $300.
May 9 Received collections in full, less discounts, from customers billed on May 2.
May 10 Paid Black Wholesale Supply in full, less discount.
May 11 Purchased supplies for cash $900.
May 12 Purchased merchandise for cash $3,100.
May 15 Received $230 refund for return of poor-quality merchandise from the supplier on cash purchase.
May 17 Purchased merchandise from Wilhelm Distributors for $2,000, terms 2/10, n/30.
May 19 Paid freight on May 17 purchase $250.
May 24 Sold merchandise for cash $5,500. The cost of the merchandise sold was $4,100.
May 25 Purchased merchandise from Clasps Inc. for $800, terms 3/10, n/30.
May 27 Paid Wilhelm Distributors in full, less discount.
May 29 Made refunds to cash customers for returned merchandise $125. The returned merchandise had cost $90.
May 31 Sold merchandise on account for $1,280, terms n/30. The cost of the merchandise sold was $830.
Required:
Journalize the transactions using a perpetual inventory system.
If Winters Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, Winters' ledger showed Cash of $8,000 and Common Stock of $8,000. The appropriate journal entries for the transactions using a perpetual inventory system will be:
Winters Hardware Store Journal entries
May 1
Debit Merchandise inventory $7,100
Credit Accounts Payable $7,100
May 2
Debit Accounts Receivable $4,000
Credit Sales $4,000
Debit Cost of goods Sold $3,000
Credit Merchandise inventory $3,000
May 5
Debit Accounts Payable $300
Credit Merchandise inventory $300
May 9
Debit Cash $3,920
(98%×$4,000)
Debit Sales Discount $80
(2%×$4,000)
Credit Accounts Receivable $4,000
May 10
Debit Accounts Payable $6,800
($7,100-$300)
Credit Merchandise inventory $68
(1%×$6,800)
Credit Cash $6,732
(99%×$6,800)
May 11
Debit Supplies $900
Credit Cash $900
May 12
Debit Merchandise inventory $3,100
Credit Cash $3,100
May 15
Debit Cash $230
Credit Merchandise inventory $230
May 17
Debit Merchandise inventory $2,000
Credit Accounts Payable $2,000
May 19
Debit Merchandise inventory $250
Credit Cash $250
May 24
Debit Cash $5,500
Credit Sales $5,500
Debit Cost of goods Sold $4,100
Credit Merchandise inventory $4,100
May 25
Debit Merchandise inventory $800
Credit Accounts Payable $800
May 27
Debit Accounts Payable $2,000
Credit Merchandise inventory $40
(2%×$2,000)
Credit Cash $1,960
(98%×$2,000)
May 29
Debit Sales Returns and Allowances $125
Credit Cash $125
Debit Merchandise inventory $90
Credit Cost of goods Sold $90
May 31
Debit Accounts Receivable $1,280
Credit Sales $1,280
Debit Cost of goods Sold $830
Credit Merchandise inventory $830
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