Answer:
What are the disadvantages of cryptocurrencies?
Unregulated Markets: Firstly, the biggest advantage of cryptocurrencies is that they can function without the existence of a central bank that coordinates their activities. However, this is also the biggest disadvantage of these investments. Firstly, since there is no central bank or exchange which mediates all transactions, most of them are irreversible. Secondly, since there is no centralized party or government which enforces its value. The value of the coin is purely determined by the value which peers investors place on it. Hence, if the investing community were to lose interest in a particular cryptocurrency because of a security incident, the units of that currency could become worthless overnight!
Volatile: Cryptocurrencies have still come a long way as compared to the past. However, they are still a very nascent technology. This means that the markets are still extremely volatile. It is common for cryptocurrencies to double in value in a matter of months. It is also common for cryptocurrencies to halve in value within the same period of time. Hence, for the moment cryptocurrencies are used by investors who are not afraid of speculation or volatility. Investors who are looking for a stable source of value for their investments continue to steer clear of the cryptocurrency markets.
Data Loss: The money invested in cryptocurrencies is held in digital wallets which are protected by digital passwords. If the owner deletes these passwords and is not able to recover them on his own, there is a big possibility that the money locked in the digital wallet may become inaccessible to them.
Legal Hassles: The problem with cryptocurrencies is that they are completely anonymous. As a result, they are widely used by crime syndicates and other people indulging in unlawful activities. Since cryptocurrencies are not regulated by the government, criminals find this to be the best way to launder their money. As an investor, this can be problematic. Since the market is completely anonymous, it is possible that investors could be aiding and abetting such money laundering activities without having any knowledge of the same. It is possible that investors might end up in a legal quagmire simply because they traded cryptocurrencies. In order to avoid such problems, many investors avoid investing in cryptocurrencies altogether. Apart from the issues mentioned above, many countries have made issuing and accepting cryptocurrencies an illegal activity. If investors trade these currencies despite the ban, then too, they are involved in illegal activities and could face legal repercussions.
Tax Hassles: Since cryptocurrencies are relatively new, there is still a lack of clarity about how the gains from these investments need to be taxed. Since the rules are not completely clear. Most countries in the world do not have tax gains from cryptocurrencies mentioned in their tax code. Even though this mention has not been explicitly done, investors are supposed to mention the income and pay taxes on them.
Since governments do not have a strong mechanism to determine the exact income from cryptocurrencies, some investors have tried to avoid paying taxes on them. This has landed them in trouble with the tax authorities. In many cases, investors genuinely wanted to pay their dues. However, due to the confusion about the exact nature of tax that needs to be applied to cryptocurrencies, they have been unable to do so. Hence, paying taxes on cryptocurrencies is also a complex task that requires significant transaction costs.
The business case for why companies should act in a socially responsible manner includes such reasons as
Identify and analyze various factors which affect organizational design/ structure of an organization.
Answer:
There are five factors that greatly impact organizational design: strategy, environment, technology, size and life cycle, and culture.
Explanation:
Why Is Tiklacars South Southend Airport Transfer Service Better?
Answer:
Yes,
Tiklacars South Southend Airport Transfer Service is Better.
I HOPE ITS HELP YOU
Mention five (5) reasons why some business plan fail
Answer:
any five reasons why business fail are :
due to low investment or budget
due to lack of demand of customers
due to lack of knowledge of that business
A company failed to record unrealized gains of $37 million on its available for sale debt security investments. Its tax rate is 25%. As a result of this error, comprehensive income would be:
Answer:
Question #1
A company failed to record unrealized gains of $32 million on its available for sale security investments. Its tax rate is 35%. As a result of this error, comprehensive income would be:
a) Understated by $20.80 million
b) Overstated by $11.20million
c) Understated by $32.00 million
d) Unaffected
Question #2
A company failed to record unrealized gains of $21 million on its trading security investments. Its tax rate is 40%. As a result of this error, total shareholders' equity would be:
a) Understated by $12.60 million
b) Understated by $21.00 million
c) Understated by $8.40 million
d) Unaffected
PLEASE show me your entire work for full credit. Thanks!!
Human Resource Manager.
What changes do you expect to see in this sector in the next 5 years?
What skills and experience will you need to develop now and, in the
future, to equip yourself for success in your chosen role?
Answer:
In 2021, more HR departments will need to develop long-term strategies for providing employees with mental health resources. ... While that will likely include initiatives like reorganizing physical spaces and updating company policies, mental health needs to be part of the equation, too.
Explanation:
hope it helps
Which statement is a reason for using our unconventional reserves if they were more difficult to obtain
Unconventional resources are the resources that make use of specialized extraction to obtain fuel from the deposit.
Your information is incomplete. Therefore, an overview of an unconventional reserve will be given. An unconventional reserve makes use of specialized extraction to obtain fuel from the deposit.
The resources that can be extracted from conventional petroleum reserves are natural gas, crude oil, and condensate. It should be noted that the products that can be refined are petrol, diesel, asphalt base, kerosene, etc.
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Your dad mentioned that he had $100,000 in his retirement account 20 years ago. If the account has grown by the market rate of 10% per year by how much would the account have grown.
Answer:
ow much would the account have grown
Gina Morales had taxable income of $35,950 in 2020. She will file a return using the single filing status. Her income consisted of ordinary and qualified dividend income of $2,000, reported to her on Form 1099-DIV. The rest of her income was from wages. What tax rate will apply to Gina's qualified dividends
The applicable tax rate to Gina's qualified dividends is 0%.
Gina's qualified dividends of $2,000 are below the threshold for long-term capital rates of 15% and 20%. Based on Gina's single filing status with a taxable income of $35,950, which falls under the 12% taxable income bracket, she will not be paying any tax on her qualified dividends. But she must still disclose the qualified dividend income on her tax form.
Thus, the tax rate that applies to Gina's qualified dividends is 0%.
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In the context of balance sheets, accounts receivable is an example of
Answer:
In the context of balance sheets, accounts receivable is an example of current liabilities immovable assets, current assets depreciated liabilities
Explanation:
Hope It helps And Please Mark Me As BrainliestAnswer:
In the context of balance sheets, accounts receivable is an example of current liabilities immovable assets current assets depreciated liabilities
Explanation:
In the shooting of a movie, if something does not go according to script, which member of the team is least likely to notice?
A. Cinematographer
B. director
C. Actor
D. person in charge of continuity
Answer:
A. Cinematographer
Explanation:
They film the movie not read the script.
To be protected under the Copyright Act, a work must be a. a concept, principle, or discovery. b. none of the choices. c. an inseparable idea and expression. d. original and fixed in a durable medium.
In order to be protected under the copyright act, a work has to be original and fixed in a durable medium.
The answer to this question is option d. The copyright act can be described as the type of ownership that is protected by the law. The protection is offered based on the fact that the ideas are original.
It offers a genuine protection for the original author. The basic idea behind this is to create a balance between the interest of the public users and the rights of the person that authored the work.
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Answer:
The answer is option D.
Explanation:
I answered this question on a test.
. Discuss two to three limitations of referee reports
placed on management or organizations for job candidates. How do organizations cope
with this burden?
Answer:
The lack of awareness of the organizational culture and prejudices that can affect the recruiting and selection process
Explanation:
some limitations of reports from referees positioned in management or organizations for job seekers. The recruitment and selection process for applicants who would occupy critical positions in organizations should be led by the company's executives, who have more expertise and vision in identifying the suitable candidate.
The referee reports can have one or many limitation one of which is lack of thorough reference check of the onboarding and presently working candidates.
Lack of awareness about the information technology to rectify the security framework breach by the employee. Lack of human resource which can analyze the moral, educational, and career background of the onboarding candidate. Lack of awareness about crimes associated with jobs like white collar crimes and cyber crimes.The organizations cope up with the limitations in the following ways:
1. The organization can employee security and cyber experts to rectify all the doubts related to the on joining employee.
2. A legal team is required to check whether the on joining employee had a previous criminal link or was associated with crime.
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What problems do you think might arise in extreme programming teams where many management decisions are devolved to the team members
A ____________ contract is an agreement that is not a contract at all because it lacks one or more of the legal elements required to form a contract.
Answer:
void
Explanation:
In order to compare and evaluate choices, there must be a set of
a. Resources
b. Decisions
C. Consequences
d. None of the above
Please select the best answer from the choices provided
Make a list of information areas that the individuals who join foreign employment should know or understand.
Answer:
Country can get lots of foreign currency as the remittance which can be used to establish industries in the country. Such industries provide job opportunities in the country. People who went overseas to work can learn different skills and technologies which can be beneficial for the development of our own country. Foreign employment reduces the unemployment problem of a country. It may help to develop international relations with other countries because the country has to do labour contract with other countries and embassies has to be established there.
How has Starbucks adapted to Chinese culture?
Answer:
Starbucks bridged the gap between the tea drinking culture and the coffee drinking culture by introducing beverages in China that was based on local tea-based ingredients. Starbucks also introduced a highly localized menu of beverages and snacks that are particularly customized to suit Chinese taste buds.
Explanation:
SEE ATTACHMENTS
Lancer, Inc. (a U.S.-based company), establishes a subsidiary in Croatia on January 1, 2019. The following account balances for the year ending December 31, 2020, are stated in kuna (K), the local currency:
Sales K 200,000
Inventory (bought on 3/1/20) 100,000
Equipment (bought on 1/1/19) 60,000
Rent expense 12,000
Dividends (declared on 10/1/20) 22,000
Notes receivable (to be collected in 2023) 36,000
Accumulated depreciation—equipment 18,000
Salary payable 5,000
Depreciation expense 6,000
The following U.S.$ per kuna exchange rates are applicable:
January 1, 2019 $0.19
Average for 2019 0.20
January 1, 2020 0.24
March 1, 2020 0.25
October 1, 2020 0.27
December 31, 2020 0.28
Average for 2020 0.26
Lancer is preparing account balances to produce consolidated financial statements.
Assuming that the kuna is the functional currency, what exchange rate would be used to report each of these accounts in U.S. dollar consolidated financial statements?
Assuming that the U.S. dollar is the functional currency, what exchange rate would be used to report each of these accounts in U.S. dollar consolidated financial statements?
(For all requirements, round your answers to 2 decimal places.)
The question is about what currency rates will be used if
Assuming Kuna is the functional currency preparing accounts in US$
Sales $769,230.77
Inventory $400,000
Equipment $315,789.47
Rent Expense $46,153.85
Dividends $81,481.48
Notes Receivable $138,461.54
Accumulated Depreciation - Equipment $69,230.77
Salary Payable $19,230.77
Depreciation Expense $23,076.72
If US$ is the functional currency, preparing accounts in Kuna
Sales K 200,000
Inventory K 100,000
Equipment K 60,000
Rent Expense K 12,000
Dividends K 22,000
Notes Receivable K 36,000
Accumulated Depreciation - Equipment K 18,000
Salary Payable K 5,000
Depreciation Expense K 6,000
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Answer:
a. Sales 0.26
Inventory 0.28 (12/31/20 rate)
Equipment 0.28 (12/31/20 rate)
Rent Exp 0.26
Dividends 0.27 (declared date 10/1/20)
Notes Receivable 0.28 (12/31/20 rate)
Acc. Depreciation-equipment 0.28 (12/31/20 rate)
salary payable 0.28 (12/31/20 rate)
Depreciation exp. 0.26
b. Sales 0.26
Inventory 0.25
Equipment 0.19
Rent Exp 0.26
Dividends 0.27
Notes Receivable 0.28
Acc. Depreciation-equipment 0.19
salary payable 0.28
Depreciation exp. 0.19
Explanation:
a. We utilized the weighted average exchange rate for 2020 bec. each revenue and expense would have been recognized evenly throughout the year. Inventory, Equipment, Notes Receivable, Acc. Depreciation & Salaries payable are translated at the exchange rate in effect at the date of accounting recognition 12/31/2020. Dividends is the only acct. translated to when date of declaration.
b. All rates are the same except Inventory, Equipment, Acc. Depreciation & Depreciation Exp, they are translated at the exchange rate during purchase.
How does changes in the market for new cars impact the market for second-hand cars? (9 marks)
Help me answer this
The global used cars market was valued at $828.24 billion in 2019, and is projected to reach $1,355.15 billion by 2027, registering a CAGR of 8.3% from 2020 to 2027. By vehicle type, the SUV segment was the highest revenue contributor in 2019, accounting for $338.61 billion, and is estimated to reach $533.39 billion by 2027, registering a CAGR of 7.80% during the forecast period
Professional organizations and producer groups have an incentive to a. encourage advertising in order to enhance competition on the basis of price. b. restrict advertising in order to enhance competition on the basis of price. c. restrict advertising in order to reduce competition on the basis of price. d. encourage advertising in order to reduce competition on the basis of price.
Professional organizations and producer groups have the incentive to restrict advertising in order to reduce competition on the basis of price.
Advertising has the power to influence the tastes of the consumers of a product. Effective restrictions on advertising also helps to raise the profit that a business makes.
It does this by the reduction of price sensitivity and also leading to a fall in the number of competitive firms.
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According to House’s revised path-goal theory, a leader’s style should vary depending on
a. leader-member relations and environmental factors.
b. employee characteristics and organizational readiness.
c. leadership effectiveness and situational control.
d. employee characteristics and environmental factors.
According to House’s revised path-goal theory, the style of a leader varies depending on D. employee characteristics and environmental factors.
The path-goal theory posits that the behavior of a leader is contingent on the motivation, performance, and satisfaction of their workers.
According to House’s revised path-goal theory, a leader’s style should vary depending on employee characteristics and environmental factors.
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Which of the following is TRUE concerning the Master Layout dialog box?
Can be opened by clicking Master Layout on the Slide Design tab
Allows you to add a placeholder for an image
Allows you to add a text placeholder
Allows you to add a background to a slide
The option that is true about the Master Layout dialog box is C. Allows you to add a text placeholder.
The Master Layout dialog box simply refers to the tip slide in the hierarchy of slides that is vital in storing information about the side layouts and theme in a presentation.
The Master Layout dialog box is also vital in storing information about background, color, effects, fonts, etc. It also allows the user to add a text placeholder.
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write the interrelationship between education and profession
Explanation:
in order to have a profession you need to get an education first ... if you start out working along side someone,that someone is giving you an education in how to do the job you want to do. if you are planning a profession such as a doctor or a lawyer , prepare yourself for a lot of education..
Purchased office supplies for $1,400. Cash paid $ 400 and remaining
outstanding.
Answer: $1,000
Explanation:
Which of the following statements is true about taxes?
A)Taxes pay for schools first responders and roads.
B)Taxes pay toll road fees and office buildings.
C)Taxes are only collected by the federal government.
D)Taxes are only collected by state governments.
The statement that is true about taxes is that A. Taxes pay for schools first responders and roads.
Taxes simply means the compulsory levies that are paid by individuals and firms to the government. The revenue gotten from taxes is vital for the development of an economy.
Tax revenues can be used in providing infrastructural facilities and pay for schools first responders and roads. First responders include police, firefighters, paramedics, etc.
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Answer:
Your answer is: A)Taxes pay for schools first responders and roads.
Explanation:
Discuss the difference between the income statement of Variable and absorption costing.
help pls What is one course of action available in every decision making process?
a.
Respond in a way which will have only positive consequences
b.
Respond in a way which will have no negative consequences
c.
Choose to do nothing about the issue
d.
None of the above
Answer:
answer is c
Explanation:
To calculate the earnings from an annual percentage yield, you should:
A. multiply the nominal interest rate by the interest earned.
O B. multiply the amount in the account by the nominal interest rate.
O C. multiply the initial deposit by the nominal interest rate.
D. multiply the amount in the account by the initial deposit.
Answer:
Multiply the amount in the account by the nominal interest rate
Explanation:
To calculate the earnings from an annual percentage yield, you should multiply the amount in the account by the nominal interest rate.
What is earning?Earnings is what is left after all the expenses of a particular production process have been removed.
It can be expressed in percentage and computed form the yield.
Therefore, To calculate the earnings from an annual percentage yield, you should multiply the amount in the account by the nominal interest rate.
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Which statement is true about a homeowner's exemption? It must be filed every year . Certain homeowners may qualify for a $10,000 exemption . Once filed, it remains until terminated . None of the above .
Answer:
Certain homeowners may qualify for a $10,000 exemption
In a homeowner's exemption, certain homeowners may qualify for a $10,000 exemption. The correct option is b.
What is California's homeowner's exemption?The California Revenue and Taxation Code provide homeowners with a $7,000 reduction in the taxable value of a qualifying owner-occupied residence for purposes of computing the annual property tax assessment. With an approximate 1% property tax rate, the exemption provides roughly $70 in annual property tax savings.
The home must have been the principal residence of the owner as of January 1 of that tax year to qualify for the homeowners’ exemption. The new owner will automatically receive an exemption claim form in the mail and there is no cost to file. To receive 100% of the exemption ($7,000), an owner must file by February 15. If the form is filed after February 15 but before December 10, an owner will receive 80% of the exemption ($5,600) for that year. Once granted, the homeowners’ exemption remains in effect until the title to the property changes.
Or if the owner no longer occupies the house as their principal place of residence.
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