Businesses, individuals, and governments often need to raise capital, while others have surplus funds. In a well-functioning economy, capital flows efficiently from those with surplus capital to those who need it. Transfers can take place in 3 ways: direct transfers without going through any type of financial institution, indirect transfers through investment banks that underwrite the securities, and indirect transfers through financial.
a. True
b. False
Answers
Answer:
The correct answer is the option A: True.
Explanation:
To begin with, according to the microeconomics theory regarding the basic model of the economy of a country in where the three major characters are the government, the companies and the families, the way that the surplus capital will go from one to the other is determine by the state of the economy itself, meaning that with everything being in perfect state, the the ones who need the capital will obtain it from the other through the use of intermediaries like the bank or also through a direct transsaction accorded with the owner of the capital as well as and indirect transfer using the financial sector.
Related Questions
classify technical education with example?
Answers
Answer:
A kind of education which equips with skills that involve the use of practical approaches and other physical instruments in executing projects. Technical education is learning something about a specific work scientifically in detail and practical.
A few common examples include schools and education programs that focus on science and engineering, information and technology, architecture and design, business and fipnance, health and social services, education and child development, hospitality and tourism, or the fine and performing arts.
Marjorie Knaus, an architect, organized Knaus Architects on January 1, 20Y4. During the month, Knaus Architects completed the following transactions:
Answers
Recording transaction is a basic accounting process, with a few steps involved. The first step is to determine the transaction and which accounts it will affect. The second step is recording in the particular accounts. Consideration must be taken when numbers are inputted into the debit and credit sections.
According to T-accounts:
Cash
Account Titles Debit Credit
Common stock A. $30,000
Rent Expense B. $2,500
Automobiles, Equipment C. 6,000
Supplies E. 2,100
Prepaid Insurance F. 3,600
Accounts Receivable G. 9,000
Miscellaneous Expenses H. 2,600
Accounts Payable I. 4,000
Notes Payable J. 1,875
Salary Expense M. 6,000
Automobiles Expense N. 1,300
The Balance is $9,025
Now the Total is $39,000 $39,000
Accounts Receivable
Account Titles Debit Credit
Cash G. $9,000
Professional Fees L. 31,400
Balance $22,400
Supplies
Account Titles Debit Credit
Cash E. $2,100
Prepaid Insurance
Account Titles Debit Credit
Cash F. $3,600
Automobiles, Equipment
Account Titles Debit Credit
Notes Payable C. $22,500
Cash C. 6,000
Accounts Payable D. 8,000
Balance $36,500
Notes Payable
Account Titles Debit Credit
Automobiles, Equipment C. $22,500
Cash J. $1,875
Balance $20,625
Accounts Payable
Account Titles Debit Credit
Automobiles, Equipment D. $8,000
Cash I. $4,000
Blueprint Expense K. 5,500
Balance $9,500
Common Stock
Account Titles Debit Credit
Cash A. $30,000
Professional Fees
Account Titles Debit Credit
Accounts Receivable L. $31,400
Salary Expense
Account Titles Debit Credit
Cash M. $6,000
Blueprint Expense
Account Titles Debit Credit
Accounts Payable K. $5,500
Rent Expense
Account Titles Debit Credit
Cash B. $2,500
Automobile Expense
Account Titles Debit Credit
Cash N. $1,300
Miscellaneous Expense
Account Titles Debit Credit
Cash H. $2,600
Trial Balance
As of January 31, 2018:Account Titles Debit Credit
Cash $9,025
Accounts receivable 22,400
Supplies 2,100
Prepaid Insurance 3,600
Automobiles, Equipment 36,500
Notes Payable $20,625
Accounts Payable 9,500
Common Stock 30,000
Professional Fees 31,400
Salary Expense 6,000
Blueprint Expense 5,500
Rent Expense 2,500
Automobiles Expense 1,300
Miscellaneous Expense 2,600
Totals $91,525 $91,525
Data and Transaction Analysis:A. Cash $30,000 Common Stock
B. Rent Expense $2,500 Cash $2,500
C. Automobiles, Equipment $28,500 Cash $6,000 Notes Payable $22,500
D. Automobiles, Equipment $8,000 Accounts Payable $8,000
E. Supplies $2,100 Cash $2,100
F. Prepaid Insurance $3,600 Cash $3,600
G. Cash $9,000 Accounts Receivable $9,000
H. Miscellaneous expenses, $2,600 Cash $2,600
I. Accounts Payable $4,000 Cash $4,000
J. Notes Payable $1,875 Cash $1,875
K. Blueprint Expense $5,500 Accounts Payable $5,500
L. Accounts Receivable $31,400 Professional Fees $31,400
M. Salary Expense $6,000 Cash $6,000
N. Automobiles Expense $1,300 Cash $1,300
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https://brainly.com/question/14670286#SPJ9What's the answer for that one.
Answers
1) Net income = Sales - cost of goods sold = \(600\) - \(480\) = \(120\)
2) Return on assets = Net income /Total assets = \(120\)/\(532\) = \(0.2255\)
3) A corporation has made poor investments and is spending more money if the return on assets is decreasing 10%. However, 10% is acceptable, but if it rises then there will be problems.
4) Any business's foundation is its logistics management.
ways to make logistic management better
I Invest in modern technology;
ii) Thoroughly train your personnel;
iii) Encourage interdependent communication; and
iv) Outsource to 3PL
V) Select and Track KPIs
Planning, managing, and implementing processes to move and store items are all parts of logistics management, which is the governance of supply chain management functions. Transportation management, fleet management, warehousing, material handling, order fulfillment, logistics network design, inventory control, supply/demand planning, and administration of third-party logistics service providers are a few examples of logistics management tasks. Planning, managing, and implementing processes to move and store items are all parts of logistics management, which is the governance of supply chain management functions. Transportation management, fleet management, warehousing, material handling, order fulfillment, logistics network design, inventory control, supply/demand planning, and administration of third-party logistics service providers are a few examples of logistics management tasks.
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In the service department of the Glenn-Mark Auto Agency, mechanics requiring parts for auto repair or service present their request forms at the part department counter. The parts clerk fills a request while the mechanic waits. Mechanics arrive in a random (Poisson) fashion at the rate of 32/hr., and a clerk can fill requests at the rate of 20/hr. Given the cost for a mechanic is $70/hr., and the cost for a clerk is $25/hr.
Required:
a. Determine the optimum number of clerks to staff the counter.
b. How many mechanics are waiting in line on average?
c. What is the optimum number of clerks to staff the counter?
Answers
Answer:
,
Explanation:
assignments. If you have questions about how to cite written course material from Canvas, please visit this
page.
Review the rubric for grading details before you begin. Clearly answer each question in complete sentences.
Answer the following:
1. What are the Satisfactory Academic Progress (SAP) standards at EGCC? Provide the specific
benchmarks.
2. Why is SAP important?
3. Explain what it means to drop a course during the drop period. When can this be done?
4. Explain what it means to withdrawal from a course. What is the withdrawal process and how
does it affect SAP?
5. Explain the procedure for non-attendance drops during the drop period.
6. How does not attending a course after the drop period affect SAP if the proper withdrawal
procedure is not followed?
Submit Assignment
Answers
According to the Standard for Qualitative Satisfactory Academic Progress, a student is said to be meeting the qualitative component of SAP, which is a "C" average, if they have earned a 2.0 cumulative grade point average (CGPA).
What is the Standard for Qualitative Satisfactory Academic Progress about?A certificate or degree candidate who successfully completes all required coursework has made satisfactory academic progress (SAP). The Office of Student Financial Aid is required by federal requirements to keep tabs on the academic performance of students who are receiving financial aid.
Standards for Satisfactory Academic Progress (SAP) make sure you're effectively finishing your education so you can keep receiving financial help. All students who receive financial aid must adhere to SAP requirements.
Dropping a course during the drop period refers to dropping out of a course by a specific date. The majority of universities will provide you precise dates for adding and dropping classes.
It should be noted that once you droppel a class, you no longer have to attend it, and you will no longer receive a grade in that course.
All financial aid obtained for the semester or summer term must be repaid in full by students who never showed up for any of their classes and did not turn in any homework. Once a student has registered for a class, their obligation to pay the tuition is not absolved by their absence.
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A fire captain informs the battalion chief that two seatbelts in a fire truck have become frayed. In the communication process what part are the frayed seatbelts part of? A. the message b. the receiver c. the sender d. the reporter
Answers
Option A. In the communication process, the frayed seatbelts part of the message.
What is the communication process?Four essential elements make up the communication process. These elements consist of encoding, transmission medium, decoding, and feedback. Two other components are involved in the process, and those two additional factors are represented by the sender and the recipient.
The act of successfully communicating involves a number of phases or acts, which are referred to as the communication process. It involves a number of elements, including the communicator, the message being sent, the message's encoding, the receiver, and the message's decoding.
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The Cosmo Corporation manufactures and assembles office chairs. Cosmo uses an activity-based costing system to allocate all manufacturing conversion costs. Each chair vity aterialshandlin achi Allocatian Base Number of parte Machine hours Number ot parte Number of fintaned unita Cost Allocation Iate 200 per mactine hou $0.50 per part $275 er finished What is the cost of assembling per chair?
a. S4.00
b. 55.50
c. $7.50
d. 526.25
Answers
Answer:
c. $7.50
Explanation:
Cost of Assembly per chair = Assembly rate per part * Total Parts
Cost of Assembly per chair = $0.50 * 15
Cost of Assembly per chair = $7.5
Vivian's project manager has asked her to analyze the project requirements before finalizing them. What
should she look for and address during her analysis?
Select an answer:
requirements proposed by people who aren't project stakeholders
nice-to-have requirements
the shortest possible list of requirements
duplicate and inconsistent requirements
Answers
Answer:
Option B
Explanation:
In simple words, while analyzing for the requirements Vivian should take into consideration the present as well as future requirements that may arise. However the length of the analysis should be of reasonable size. The requirements of the relevant stakeholders should only be considered.
If the list is made too short than it may result in future problems of resources also the list should be made on a consistent nature. Thus, the correct option is B.
The thing that Vivian should look for and address during her analysis is to check for duplicate and inconsistent requirements.
In order for her to analyze the project requirements before finalizing them, it's important for her to look out for duplicate and inconsistent requirements.This is necessary in order for her to make sure that that the finance used in the project isn't inflated and that there are no inconsistencies.When she has done this and is certain that everything is okay, then the project can be finalized.In conclusion, the correct option is D.
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Question 8 of 10
Why is it important to name an executor in a will?
OA. To ensure that someone you trust administers your estate
OB. To ensure that beneficiaries get whatever they want from the
estate
C. To ensure that the court doesn't declare the will null and void
OD. To ensure that beneficiaries do not receive any assets
SUBMIT
Answers
It is important to name an executor B. To provide that beneficiaries acquire whatever they want from the estate.
Who is an executor?An executor exists as someone who stands responsible for executing or following an assigned task or duty. The feminine form, executrix, may sometimes be utilized.
An executor typically presents the will for probate, brings the action to rescue the assets of the estate, creates distributions of effects to beneficiaries, and produces the debts and taxes of the estate.
An executor handles your estate when it's in probate (aka the procedure of being distributed and carried out). Particularly, they begin and observe through the probate approach. They also manage your assets, pay your obligations, and allocate property to your heirs as summarized in your will
Hence, It is important to name an executor B. To provide that beneficiaries acquire whatever they want from the estate.
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Essential to name an executor in a will B. To ensure that beneficiaries get whatever they want from the estate
The person bargaining with the estate of the person who has died is called an agent or an administrator. An executor is someone who is named in the will as accountable for dealing with the estate. An administrator may have to apply for a special legal authority before they can deal with the inheritance.
What Is an Executor?An executor of an inheritance is an individual appointed to administer the testament of a departed person. The executor's main duty is to carry out the education to manage the affairs and wishes of the departed.
What rights does an executor have?The court gives the executor the freedom to act on the decedent's behalf. The administrator is responsible for managing the estate's assets. The administrator can liquidate assets to pay the bills of the estate or use the accounts in the estate to pay these bills.
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Following is the income statement information from Apollo Medical Devices.
($ in thousands) 2020
Net sales $4,163,770
Cost of sales before special charges 1,382,235
Special inventory obsolescence charge 27,876
Total cost of sales 1,410,111
Gross profit 2,753,659
Selling, general and admin expense 1,570,667
Research and development expense 531,086
Merger and acquisition costs 46,914
In-process research and development charges 12,244
Litigation settlement 16,500
Operating profit 576,248
Interest expense (57,372)
Interest income 2,076
Gain on disposal of fixed assets 4,929
Impairment of marketable securities (5,222)
Other income (expense), net (2,857)
Earnings before income taxes 517,802
Income tax expense 191,587
Net earnings $326,215
Required: Identify the components that we would consider operating.
Answers
Answer:
$ in thousands) 2020
Net sales $4,163,770
Cost of sales before special charges 1,382,235
Special inventory obsolescence charge 27,876
Total cost of sales 1,410,111
Gross profit 2,753,659
Selling, general and admin expense 1,570,667
Research and development expense 531,086
Explanation:
Payment of $1,000 payables *
Increases an asset $1,000; decreases an asset $1,000
Decreases a liability $1,000; decreases an asset $1,000
Decreases a liability $1,000; increases owner's equity $1,000
None of the above
Answers
Answer:
None of the above
Explanation:
Given that the question is about Payment of $1,000 payables, then in a journal account, there will be a record of "Decreases in account payable $1,000; increases in cash $1,000"
Hence, considering the available options, the right answer to the question is "None of the above"
QS 3-8 (static) accumulated depreciation calculations adjustments LO P1
Answers
Prior to being subtracted from the related assets on the assets side of the balance sheet, the amount of depreciation will first be shown as an expense on the debit side of the profit and loss account.
What is the journal entry for accumulated depreciation?A journal entry for accumulated depreciation is one made at the end of the year to add the current year's depreciation expense to the account already in existence for accumulated depreciation.
A journal entry used to reflect depreciation expense is called an adjusting entry. It is made at the end of a period to reflect the expense on the income statement and the decline in the fixed asset's value on the balance sheet. Depreciation expense is typically debited and accumulated depreciation is credited in this entry.
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3.2.2 Quiz: The Function of Money
Question 6 of 10
In order for money to work properly, there can be only a certain amount of it in
the economy and there must be rules on who can print it. This is an element
of which characteristic of money?
A. Limited supply
B. Divisibility
C. Uniformity
O D. Acceptability
SUBMIT
Answers
The many forms of cash in an economy should resemble one another for money to function properly. This is a component of money's Uniformity. Option C is accurate as a result.
What is reffered to as currency ?Anytime someone wants to sell anything or buy something, whether it be for themselves, a friend, a family member, or anybody else, they must pay a set sum of money, which is referred to as currency.
The Indian Rupee, which is the country's currency, must be used to buy or pay for anything in India. In Saudi Arabia, the Saudi Riyal is the preferred money. There is a market called the free market, and in that market, gold is also regarded as a form of money. Money should be uniform in order for the currency to operate well.
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this is for Accounting 1
Answers
Answer:
B
Explanation:
secretaries
hope this is helpful.
What tab should you choose to locate the spelling and grammar check tools?
Home
Layout
Review
View
Answers
Answer:
Review
Explanation:
The correct answer is - Review
Reason -
From the Review tab, click the Spelling & Grammar command.
The Spelling and Grammar pane will appear on the right.
Answer:
it is C
Explanation:
Identify the basic internal control guidelines which should be in place to protect a business's cash by selecting the correct answers below.
a. Bills should be paid immediately
b. Handling cash is separate from recordkeeping of cash.
c. Excess cash should be left in the bank to maintain liquidity.
d. Cash payments are made by check.
e. Cash receipts are promptly deposited in a bank
Answers
The basic internal control guidelines should be in place to protect a business's cash by selecting the Cash receipts that are promptly deposited in a bank.
When an entity receives money from a consumer, investor, or bank, among other external sources, it records the transaction as a cash receipt. This cash is often recorded when a consumer sends money to reduce the balance of accounts receivable created by a sale transaction.
Businesses can run in a variety of ways, some of which offer goods and services on credit (expecting payment in full later) and others of which demand immediate payment in full upon the sale of an item or service (cash sale). The customer must hand over cash or a check to the company in exchange for the good or service they received, regardless of the form of the sales transaction.
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how lack of planning can affect getting the job done as a hospitality supervisor?
Answers
The lack of planning can affect getting the job done as a hospitality supervisor as it can bring about high risks.
What is planning?It should be noted that planning simply means the stores that are put in place to achieve a desired goal.
In this case, the lack of planning can affect getting the job done as a hospitality supervisor as it can bring about high risks in the company.
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An important role that IS plays in management control processes includes: Communication Conversion Management Transformation Implementation
Answers
An important role that IS plays in management control processes includes is Communication.
What role does management plays in an organization?IS is known to have three important roles in management control processes. These processes are said to be;
Data collectionEvaluationCommunicationManagement often operates via functions such as planning, organizing, staffing and others.
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**ECONOMICS**A high level of productivity means that a worker:
A. creates a lot of something quickly.
B. has skills that are worth a lot of money.
C. is a member of a worker organization.
D. works in a career with a lot of competition.
Answers
Answer:A
Explanation:creates a lot of something quickly/just took the test
Answer: A. Creates a lot of something quickly
Explanation: I just took the test on Ap ex
Slove 56 is 5 1/2% of what
Answers
For the mentioned problem, 56 is 5¹/₂ percent of 1018.08.
What is percent?In mathematics, percentage is said to be a number or ratio expressed as a fraction of 100. It is commonly represented by the percent sign '%', but abbreviations such as 'pct.', 'pct', and 'pc' may also be used. Percentages are dimensionless numbers as they have no units of measure.
Percent may be calculated by dividing the value by the total and multiplying the result by 100. The equation used to calculate the percentage is (value/total) * 100%.
For the given question:
5¹/₂% = 11/2%
11/2% of x = 56
(11/200) × x = 56
x = 56 × (200/11)
x = 1018.08
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Whitch of the following is required to be considered an entrepreneur?
Answers
Answer:
An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures
Explanation:
3. Tigist wishes to mix two types of food C and D in such a way that the vitamin contents of the mixture contain at least 8 units of vitamin C and 11 units of vitamin D. Food C costs $ 60/kg and Food D costs $80/kg. Food C contains 3 units/kg of Vitamin A and 5 units / kg of Vitamin B while food D contains 4 units/kg of Vitamin A and 2 units/kg of vitamin B. Determine the minimum cost of the mixture by graphic model.
Answers
If Tigist wishes to mix two types of food C and D in such a way that the vitamin contents of the mixture contain at least 8 units of vitamin C. the minimum cost of the mixture is $200 and is achieved when Tigist mixes 2 kg of food C and 1 kg of food D.
What is the minimum cost of the mixture by graphic model?Let x be the amount of food C (in kg) in the mixture, and y be the amount of food D (in kg) in the mixture. Then the total cost of the mixture is:
C(x,y) = 60x + 80y
The total vitamin A and B contents of the mixture can be computed as:
A(x,y) = 3x + 4y
B(x,y) = 5x + 2y
To find the minimum cost of the mixture subject to the constraints that it contains at least 8 units of vitamin C and 11 units of vitamin D, we can set up the following linear programming problem:
Minimize: C(x,y) = 60x + 80y
Subject to:
A(x,y) = 3x + 4y ≥ 8
B(x,y) = 5x + 2y ≥ 11
x ≥ 0, y ≥ 0
To graph this problem, we can plot the feasible region in the first quadrant of the xy-plane that satisfies the constraints. The feasible region is bounded by the x-axis, y-axis, and the lines A(x,y) = 8 and B(x,y) = 11. It is shown below:
| /
11 | P /
| /
| / Q
| /
| /
|/_________
0 2 x
Point P has coordinates (2, 1) and satisfies the constraints. Point Q has coordinates (0, 11/2) and also satisfies the constraints. Any point on the line segment PQ can be expressed as a convex combination of P and Q. Therefore, the minimum cost of the mixture is attained at one of the endpoints P or Q.
The cost of the mixture at point P is:
C(2,1) = 60(2) + 80(1) = 200
The cost of the mixture at point Q is:
C(0,11/2) = 60(0) + 80(11/2) = 440
Therefore, the minimum cost of the mixture is $200 and is achieved when Tigist mixes 2 kg of food C and 1 kg of food D.
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Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Answers
Using the appropriate tool from the Accountant Tools menu, the 4 options that can be batch reclassified in QuickBooks Online Accountant are options A, B, C and F:
ClassesCustomersProducts and ServicesAccountWhat is QuickBooks Online Accountant?In the above question, too batch reclassify these items, you can use the "Batch Reclassify Transactions" tool, which can be found under the Accountant Tools menu.
This tool allows you to select multiple transactions and reclassify them to a different account, class, customer, or product/service.
Therefore, Locations, tax codes, and suppliers cannot be batch reclassified using this tool. However, you can edit individual transactions to change their location, tax code, or supplier if necessary.
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See full question below
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Classes
Customers
Products and Services
Locations
Tax Code
Account
Suppliers
You are given the option of investing $5,000 now and receiving a payments of $5300 at the end of year 4 and a payment of $5,500 at the end of year 10. The rate of return on your investment would be approximately
Answers
Answer:
12.5%
Explanation:
Investment = $5,000
Cash inflow at year 4 = $5,300
Cash inflow at year 10 = $5,500
Rate of return = RR
PV of cash inflows = Investment as on taoiday
5,300 * PVIF(RR,4) + 5,500 * PVIF(RR,10) = 5,000
To get required rate of return, go for trail and error approach
If RR is 10%
L.H.S. = 5,300*PVIF(10%,4) + 5,500*PVIF(10%,10)
= 5,300*0.683+5,500*0.3855
= $2,120.25
If RR = 12.5%
L.H.S = 5,300*PVIF(12.5%,4) + 5,500*PVIF(12.5%,10)
= 5,300*0.6243 + 5,500*0.3079
= 5,002
= $5000
Hence the required rate of return (RR) = 12.5%
The adjusted trial balance for Chiara Company as of December 31 follows.
Debit Credit
Cash $ 132,400
Accounts receivable 50,500
Interest receivable 20,800
Notes receivable (due in 90 days) 171,000
Office supplies 16,500
Automobiles 169,000
Accumulated depreciation—Automobiles $ 80,000
Equipment 140,000
Accumulated depreciation—Equipment 23,000
Land 79,000
Accounts payable 98,000
Interest payable 20,000
Salaries payable 22,000
Unearned fees 28,000
Long-term notes payable 144,000
Common stock 26,580
Retained earnings 239,220
Dividends 45,000
Fees earned 544,000
Interest earned 30,000
Depreciation expense—Automobiles 26,000
Depreciation expense—Equipment 20,000
Salaries expense 187,000
Wages expense 43,000
Interest expense 32,200
Office supplies expense 34,200
Advertising expense 63,000
Repairs expense—Automobiles 25,200
Totals $ 1,254,800 $ 1,254,800
Required:
Use the information in the adjusted trial balance to prepare
(a) the income statement for the year ended December 31;
(b) the statement of retained earnings for the year ended December 31 [Note: Retained Earnings at December 31 of the prior year was $257,220]; and
(c) the balance sheet as of December 31.
Answers
Answer and Explanation:
The preparations are presented below:
a. For income statement
Chiara Company
Income statement
For the year ended Dec 31
Revenues
Fees earned $544,000
Interest earned $30,000
Total revenues $574,000
Less: expenses
Depreciation expense - Automobiles $26,000
Depreciation expense- Equipment $20,000
Salaries expense $187,000
Wages expense $43,000
Interest expense $32,200
Office supplies expense $34,200
Advertising expense $63,000
Repairs expense - Automobiles $25,200
Total expenses ($430,600)
Net income $143,400
b. For a statement of retained earnings
Chiara Company
Statement of retained earnings
For the year ended Dec 31
Beginning balance of retained earnings $257,220
Add: Net income $143,400
Less: Dividend -$45,000
Ending retained earnings balance $355,620
c. For balance sheet
Chiara Company
Balance sheet
For the year ended Dec 31
Liabilities & equity Amount Assets Amount
Liabilities & equity Cash $132,400
Accounts payable $98,000 Accounts receivable $50,500
Interest payable $20,000 Interest receivable $20,800
Salaries payable $22,000 90 days notes receivable $171,000
Unearned fees $28,000 Office supplies $16,500
Long-term notes payable $144,000 Automobiles 169,000
Common stock $26,580 Less:
Retained earnings $355,620 Accumulated depreciation
Automobiles $ 80,000 $89,000
Total liabilities & equity $694,200 Equipment 140,000
Less:
Accumulated depreciation
Equipment 23,000 $117,000
Land $79,000
Total assets $694,200
explain metacommunication message.
Answers
Answer:
A message that relates to communication about communication is known to it as metacommunication. It involves sending a message that analyses or clarifies the significance of another communication. In other terms, instead of conveying the message itself, it is conveying how a message is delivered.
Saying, "I don't like your tone of voice," for instance, is an example of metacommunication since it refers to the manner in which the information was conveyed rather than its content.
Explanation:
Effective communication includes metacommunication because it assures that the act gives people and comprehends the intended message. By high and clear communication, it can also contribute to the growth of trust and stronger bonds between people.
The context and the relationship between the parties engaged would determine the best channel to use when transmitting a metacommunication message. Delivering the message face-to-face may be suitable in some circumstances, but using written communication techniques such email or a note could be better in the others.
The proper medium for metacommunication can rely on the company culture. Presenting a metacommunication message in person may be more effective, for instance, in a business which places a high value on face-to-face interaction and collaboration.
Finally, metacommunication can be an excellent tool for fostering good communication and developing solid relationships, but it's crucial to choose the correct channel and take the user's surroundings into account.
What you're expressing orally may be supported or contradicted by a secondary declaration of intent called metacommunication. In other words, it's the message you convey to another person through your body language.
What is metacommunication, and how does it work?Your verbal and nonverbal communication are combined to form metacommunication, according to psychologists. For instance, if you greet someone and then roll your eyes at the same time, they won't think you are genuinely happy to see them.
Which is the most effective instance of metacommunication?Metacommunication is exemplified by the statement, "I feel like we aren't conversing much lately.
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If the effect of the debit portion of an adjusting entry is to increase the balance of an asset
account, which of the following describes the effect of the credit portion of the entry?
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When the debit portion of an adjusting entry is used to increase the balance of an asset account, the credit portion of the entry will decrease the balance of another account, which will be either a liability account or an equity account.
What is the adjusting entry?Adjusting entries are journal entries that are made at the end of an accounting period to modify the accounts' balances. They are done to update and verify revenue and expense accounts' accuracy, as well as to adjust the balance sheet accounts for adjustments that have yet to be recorded.When should adjusting entries be made?Adjusting entries are typically made at the end of an accounting period. For example, adjusting entries may be needed if a company's insurance premiums have been paid in advance, or if a company has earned revenue but has not yet received payment.Adjusting entries are critical in determining the correct profit and loss as well as the balance sheet, which is why they must be accurate and complete.Adjusting entries are required for each financial statement's following types:Income Statement - revenue and expense accounts are adjusted.Balance Sheet - asset, liability, and equity accounts are adjusted.How are adjusting entries made?Adjusting entries are made with the following steps:Step 1: Determine the transaction or event that necessitates an adjustment. Step 2: Determine which accounts are affected by the transaction or event. Step 3: Decide whether each account is to be debited or credited. Step 4: Make the necessary adjusting journal entries.
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Bank auditing is mainly done to
(Select all that apply.) Multiple choice
A. Curb money laundering
B. Insure deposits for all customers
C. Stop international finance crimes
D. Prohibit electronic trading arbitrage
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MotoSport is buying an asset that costs $730,000 and can be depreciated at 20 percent per year (Class 8) over its eight-year life. The asset is to be used in a three-year project; at the end of the project, the asset can be sold for $740,200. The company faces a tax rate of 26%. The sale of this asset will close the asset class. what is tax on CCA recapture
Answers
The tax on the CCA recapture is $306,332.
To calculate the tax on the Capital Cost Allowance (CCA) recapture, we need to determine the CCA claimed over the years and calculate the recaptured amount. The recaptured amount is the difference between the proceeds from the sale of the asset and the undepreciated capital cost (UCC) at the time of sale.
Given that the asset costs $730,000 and has a depreciation rate of 20% per year (Class 8) over eight years, we can calculate the CCA claimed each year:
Year 1: $730,000 * 20% = $146,000
Year 2: $730,000 * 20% = $146,000
Year 3: $730,000 * 20% = $146,000
Year 4: $730,000 * 20% = $146,000
Year 5: $730,000 * 20% = $146,000
Year 6: $730,000 * 20% = $146,000
Year 7: $730,000 * 20% = $146,000
Year 8: $730,000 * 20% = $146,000
The total CCA claimed over the eight years is $1,168,000.
At the end of the project, the asset can be sold for $740,200. The UCC at the time of sale is the original cost of the asset minus the CCA claimed:
UCC = $730,000 - $1,168,000 = -$438,000
Since the UCC is negative, there is a recapture of CCA. The recapture amount is the proceeds from the sale minus the UCC:
Recapture Amount = $740,200 - (-$438,000) = $1,178,200
Now, we can calculate the tax on the CCA recapture by multiplying the recapture amount by the tax rate:
Tax on CCA Recapture = $1,178,200 * 26% = $306,332
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Pls help me with the graph , the choices are below
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the answer to your question is graph 1