Based on the amount received as a notes receivable, and the month the interest revenue is recorded, the amount accrued would be $2,000.
What interest revenue will be accured?From December 20X1 to March 20X2 will be 3 months.
The interest revenue will therefore be:
= Amount of note receivable x Interest rate x Number of months till interest is due
= 100,000 x 8% x 3/12 months
= $2,000
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On february 2, miles inc. Pays $800 to purchase a one-year insurance policy that will expire next year on january 31. Miles indicates this transaction in its books by recording an $800 reduction in cash and an $800 increase in expenses. Did miles make the proper accounting entries? why or why not?.
If on february 2, miles inc. Pays $800 to purchase a one-year insurance policy. No miles did not make the proper accounting entries.
Insurance policy can be defined as a coverage that help to cover cost incase of unforeseen circumstance.
Based on the scenario mile did not makes the proper accounting entries based on the following:
Prepaid insurance is not an expense but an asset.Hence, the company should have offset the decrease in cash of the amount of $800 and $800 increase in prepaid insurance into an asset account.Therefore miles did not make the proper accounting entries.
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Jackson, the owner of a t-shirt shop, attended an entrepreneurship workshop that discussed the triple bottom line, which measures an organization's ________ performance.
The triple bottom line, which measures an organization's social, environmental, and financial performance.
Bottom line use to measure organization performanceSocial, environmental, and financial play an important role as it help to effectively and efficiently measure an organization performance.
A company or an organization that want to know how well their company is doing need to make use of the triple bottom line to measure their company or organization performance.
Therefore social, environmental, and financial is use to measure an organization performance.
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Pam has been a secretary for two years and is now debating whether to go back to school to earn a professional accounting degree. What should she consider?
The costs and benefits of earning the degree
O The benefits only as related to salary
O The degree tuition cost only
O The number of credits needed
Pam should consider the costs and benefits of earning the degree that will give the benefits in the near future, so Pam should go back to school to earn a professional accounting degree.
What is a professional degree?A professional degree is determined as a degree that evaluates the precocious education and that education is planned to ready the students to work in a particular field.
In the given case, Pam should weigh the costs and benefits of pursuing a degree that will provide immediate rewards, and she should return to school to pursue a professional accounting degree.
Therefore, option A is correct.
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As far as macroeconomic policy is concerned, and according to the textbook, what number best represents the threshold in the unemployment rate that separates a healthy from an unhealthy economy
An ideal real unemployment rate is 3.5% to 4.5% and this separates a healthy from an unhealthy economy.
What is an unemployment rate?This refers to the percentage of the total number of people in the labor force who are unemployed.
Therefore, the ideal real unemployment rate is 3.5% to 4.5% and this separates a healthy from an unhealthy economy.
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Keith was put on probation for a string of customer complaints about his poor service and professionalism. his supervisor was using ________ power.
Answer: Coercive power
Explain the process that economists use to conduct a cost benefit analysis (cba)for a high speed rail
The economists conduct a cost benefit analysis using financial report of the institution.
What is cost benefit analysis?This is thee analysis that is done by financial managers to help determine the profit made in a business with respect to the cost incurred.
A business is expected bring Profit, hence the analysis helps to know of a business is profitable.
Therefore, The economists conduct a cost benefit analysis using financial report of the institution.
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What are some of the safety precautions that the workers must follow to avoid injury in the workplace? Which precautions are the worker's responsibility? Which precautions are the employer's responsibility?
one should use appropriate tool for the appropriate work
Innovative Products reported net income of $217,000. Beginning and ending inventory balances were $46,500 and $48,500, respectively. Accounts Payable balances at the beginning and end of the year were $41,000 and $38,000, respectively. Assuming that all relevant information has been presented, the company would report net operating cash flows of:
The Net operating cash flow of Innovative Products company would be $218,000 after taking into consideration all the required events.
What do you mean by Operating cashflows?Operating cash flow (OCF) is a degree of the quantity of cash generated via way of means of an agency's ordinary commercial enterprise operations.
As per the info:
[tex]\rm\,Net\, Operating \, Cashflows = Net\, Profit + Decrease\, in \, Current \, Liabilities - Increase\, in \, Current \, Assets \\\\Net\, Operating \, Cashflows = \$217,000 + (\$41,000 - \$38,000) - (\$48,500 - \$46,500)\\\\Net\, Operating \, Cashflows = \$217,000 + \$3,000 - \$2,000\\Net\, Operating \, Cashflows = \$218,000[/tex]
Hence, the Innovative Products company would report a net operating cash flow of $218,000.
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Which of the following statements is true?
A. There is no single, global legal system in the world today.
B. Common law always includes codified and statutory laws.
C. Labor unions are illegal in throughout Brazil and the U.S.
D. Chinese courts are independent of government.
SUBMIT
A. There is no single, global legal system in the world today.
Correct option should be A, however there is a slight chance B is correct But I am 90% sure it is A
The primary purpose of the statement of cash flows is to:.
Answer:
The primary purpose of the statement of cash flows is to provide information about cash receipts, cash payments, and the net change in cash resulting from the operating, investing, and financing activities of a company during the period.
determine if Pepsi and Coca Cola are a duopoly
Answer:
The soft drink industry is a duopoly with differentiated products. Two firms, Coca-cola and Pepsi, compete through Cournot quantity-setting competition. Denote the quantity that Coca-cola and Pepsi produce by Q1 and Q2, respectively. The demand curve for the industry is P = 10 – Q1 – 2Q2.
Explanation:
Select all the correct answers. which three factors make starting a business a highly risky investment? high coupon rate uncertain business conditions large amount of capital low interest rates low liquidity
The three risk factors for starting a business are uncertain business conditions, low interest rates and low liquidity.
How to start a new business?It is essential that the entrepreneur has a broader vision and determination to overcome the initial difficulties, since every business has inherent risks that can represent barriers to the success of the business.
Therefore, it is essential that there is an alignment of objectives to the structure of the business, in addition to dedication and a strategy focused on the market.
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Carlos wrote a check for $44.92 to pay his gas bill. he’ll use the check register to record his transaction. what will be his new balance?
His new balance after the check is deducted will be $370.09
How to determine his new balance?From the complete question, we have the following parameters:
Initial Balance = $415.01 Check amount = $44.92The new balance is then calculated using:
New balance = Initial Balance - Check
So, we have:
New balance = 415.01 - 44.92
Evaluate
New balance = 370.09
Hence, his new balance will be $370.09
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Carlo's new balance will be $44.92 less than what he initially had in his account before the gas purchase.
What is a checkbook?Simply put, a checkbook is a document issued by a bank to a customer which can be used to process money out of an account.
Currently, only a current account is allowed to use a checkbook.
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An individual with ______ has a high degree of skill or knowledge in a subject.
Answer:
An expert, more generally, is a person with extensive knowledge or ability based on research, experience, or occupation and in a particular area of study.
Explanation:
Answer:
The Blank is expert
Explanation:
how much tax is deducted from a paycheck in indiana
Answer:
Indiana has a flat tax rate, meaning you're taxed at the same 3.23% rate regardless of your income level or filing status. All 92 counties in the Hoosier State also charge local taxes
Explanation:
Ann is a leader who inspires her employees to look at the broad, long-term goals of her company. She is able to get her employees to find a common goal, and she really thinks outside of the box. Ann's leadership style is best described as
Based on the way that Ann inspires her employees to work towards a common goal, this is transformational leadership.
What is transformational leadership?This is a type of leadership in which the leader motivates and inspires his or her employees to be better versions of themselves.
Long-term goals are encouraged by such leaders which is what Ann is doing. They also encourage innovation.
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What is Disney land? And why is it important.
Compared to the C corporation, the limited liability company is an attractive form of business ownership because a limited liability company ________.
A limited liability company(LLC) does not require the firm to hold annual meetings and it can avoid double taxation. Therefore, it is an attractive form of business ownership in comparison to C corporation.
Which is better LLC or C Corp?LLCs are taken into consideration as pass-thru entities for the cause of US taxation; they do not record taxes of their personal right, however, have their earnings mentioned in the non-public earnings tax returns of their owners. C groups record their personal tax returns.
Thus, the correct fill-in-the-blank is a limited liability company that does not require the firm to hold annual meetings and it can avoid double taxation.
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Adam hopes to show the bank lending manager he is meeting with that he is aware of who the target market is, who the competition is, how much money he needs, and exactly how he intends to turn a profit by supplying him with a(n) .
Based on the fact that Adam is supplying information on his target market, and competition, as well as how much he needs, this is a Business plan.
What goes into a business plan?In order to convince an investor such as a bank to give you money, you need to give them a business plan.
This plan will include things such as who you plan to target, the amount of funding you need, and who you will be competing with. This allows the investor to assess the viability of your business.
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Explain the difference between the terms supply and quantity supplied.
(PLEASE ANSWER FAST) (20 POINTS)
Part of the reason you want to narrow down your focus is so that you don’t spend too much time gathering __________ that might not help you in the long run.
A. clothes
B. credits
C. friends
D. skills
Part of the reason why someone would want to narrow down their focus is so that they don't waste time accumulating clothes that won't aid them in the long run.
What is the period of long run?The period of long run is basically not defined anywhere, because the period of long run is fully depend upon the organistions and the types of it. It is normally the period above the operating cycle.
Part of the reason for narrowing one's focus is so that they don't waste time accumulating clothes that won't help them in the long run.
Credits are treated as help in the long run because a person get money at present to do work and earn from that work, whereas the friends and the skills help the people in the lifetime.
Therefore, option A is correct.
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Identify the current status items that would be most helpful toward becoming a roofer. check all that apply. i am physically fit and strong. i am good at giving presentations. i took a math class and a shop class in high school. i am good at managing my own time. i took a history class and a literature class in high school. i attended a computer camp last summer to learn how to write computer programs.
The current status items that would be most helpful to be a roofer are:
I am physically fit and strong Math and shop class.Good at managing my own time.Who is roofer?This is known to be a person that helps to make or constructs/repairs roofs for a living.
Note that by having the skills above, one can be a good roofer and the knowledge of math will go a long way.
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Answer:
1 3 4
Explanation:
i got it right
What would be an opportunity cost for the business if it chooses to open the
new branch in China?
O A. The business would be able to easily sell its products to many new
customers.
B. The business could not use the money it spends on the new
branch for something else.
C. The business would have to spend all its money making new
Chinese products.
D. The business would be able to increase the selling prices for most
of its products.
SUBMIT
Answer:
A
Explanation:
An opportunity cost for the business if it chooses to open the new branch in China is that the business would be able to easily sell its products to many new customers.
Answer:
A
Explanation:
I got it right on my test
More than fifty percent of the Michigan state government is funded bythe federal government.the citizens of Michigan.the corporations in Michigan.the profits earned from investment.
The citizens of Michigan are funding more than fifty percent of the Michigan state government.
How does Michigan make its money?Majorly the Michigan make its money from the various sources like federal aid, collection of taxes, licensing fees collection and return on investments. Michigan is the country where they collect the money from the citizen of nation.
Thus, option C is correct.
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Answer: b. the citizens of Michigan
Explanation:
You have been hired as an assistant to the head network administrator in an ISP (Internet service provider). While setting up the network for one of your clients, he wants you to check whether sufficient security precautions have been taken to ensure none of the customer's switches becomes the ISP's root bridge. Which of the following will you use in this scenario to ensure that the appropriate security measures have been taken?
a) A BPDU guard
b) A root bridge
c) A root guard
d) A BPDU filter
"You have been hired as an assistant to the head network administrator in an ISP (Internet service provider)...." to ensure that the appropriate security measures have been taken you use a root guard. Option C. This is further explained below.
What is a root guard?Generally, a root guard is simply defined as on a port-by-port basis, root guard is an STP characteristic that prevents a specified port from being the root of the network.
In conclusion, In order to guarantee that the proper security measures have been performed, you utilize a root guard as an assistant to the chief network administrator in an ISP.
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Which of the following is a face to face meeting with a potential employer
to discuss a job opening?
job market
Job shadowing
Job interview
job description
A schedule is useful for _______. a. Visualizing all your commitments b. Solving workflow problems c. Maintaining your responsibilities d. All of the above Please select the best answer from the choices provided
A schedule is useful for visualizing all your commitments, solving workflow problems and maintaining your responsibilities.
What is the use of a schedule?A schedule is something refer to the time that is planned in a proper way.
It is a sequential and organized time table that gives the idea about the available time, what is to be done, when is to be done and in what duration.
It saves the money and time as well.
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All else equal, when the rate of growth in sales or assets in a financial plan is higher, external financing needs will be
All else equal, when the rate of growth in sales or assets in a financial plan is higher, external financing needs will be greater.
What is financial plan?This is a document, which outline one's financial plan, including long and short terms. Financial plan helps determine short and long-term financial goals and create a balanced plan to meet those goals.
Hence, all else equal, when the rate of growth in sales or assets in a financial plan is higher, external financing needs will be greater.
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Suppose a firm spends $10,000 to train its employees on a new, company-wide software program that it has already purchased and intends to adopt in the following month. In this case, the knowledge gained through the training is considered:Multiple choice question.
"Suppose a firm spends $10,000 to train its employees on a new, company-wide software program..." the knowledge gained through the training is considered the company asset knowledge. This is further explained below.
What is a software program?Generally,software program is simply defined as to put it another way, software programs are typically described as a collection of instructions (or modules or processes, depending on the context) that enable a certain sort of computer function.
In conclusion, Knowledge obtained via training is considered an asset by the business if it costs $10,000 to teach its staff on a new, company-wide software application.
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An IT manager in the aviation sector checks the industry's threat intelligence feed to keep up on the latest threats and ensure the work center implements the best practices in the field. What type of threat intelligence source is the IT manager most likely accessing
The type of threat intelligence source that the IT manager most likely accessing is an information sharing and analysis center.
What is threat intelligence?It should be noted that threat intelligence simply means the knowledge used by security agents to prevent attack.
In this case, the type of threat intelligence source that the IT manager most likely accessing is an information sharing and analysis center.
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