Interest payable, salaries payable, and accounts payable are common examples of items classified as:______

Answers

Answer 1

Accounts payable, salaries owed, accrued expenses, and current tax payable are categorized as current liabilities because they are expected to be paid off within a standard operating cycle.

What is the classification of interest payable?

Interest payable is a liability and is usually found within the current liabilities area of the balance sheet. The associated interest payment that includes interest payable is stated on the income statement for the amount applicable to the period whose effects are being reported.

Accounts payable is a liability. It is the quantity of money your company owes vendors or creditors for goods and services, creating this a liability instead of an asset.

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Related Questions

In 2011, Finland had a GDP of $195 billion and a per capita GDP of $36,000. Life expectancy was about 79 years. Which of these additional factors would most support the conclusion that Finland has a developed rather than an emerging economy

Answers

Answer:

Finland has a free-market economy

Explanation:

The fact that would most support this conclusion is that Finland has a free-market economy. A free market is an economic system characterized by a spontaneous and decentralized order of arrangements by individuals allowing them to make their own economic decisions based on supply and demand in that current time with little or no government control in the matter. This is an economic system that can only work in a developed economic nation.

In "The Founder," The McDonald brothers are worried about maintaining standards in their franchises. What are at least three standards that are not being met with this franchise that Ray is checking on in this scene?

Answers

The McDonald Brothers had engaged a franchise agent who sold a number of stores for them. But they rebuffed offers to take them out on a wider scale, or to acquire them, because they didn't want the hassle of large-scale qualitycontrol.

Quarter-end payments of $1,600 are made for 10 years to settle a
loan of $48,600. What is the effective interest rate charged on
this loan?

Answers

The effective interest rate charged on this loan is 6% per quarter.

To calculate the effective interest rate, we can use the formula for the present value of an annuity:

PV = PMT × [(1 - (1 + r)^(-n)) / r]

Where PV is the present value (loan amount), PMT is the periodic payment, r is the interest rate per period, and n is the total number of periods.

In this case, the loan amount (PV) is $48,600 and the quarterly payment (PMT) is $1,600. We need to find the interest rate per quarter (r).

Rearranging the formula and solving for r, we get:

r = [1 - (PV / PMT)^(1/n)] - 1

Substituting the values, we have:

r = [1 - (48600 / 1600)^(1/40)] - 1

Calculating the expression inside the brackets and subtracting 1, we find that the effective interest rate charged on this loan is 6% per quarter.

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what is the purpose of imc? define the different audiences for imc. why is the measurement of imc tactics so important to long term success?

Answers

Creating a cohesive and consistent brand message is the goal of integrated marketing communication (IMC).

Utilizing a variety of channels and touchpoints, integrated marketing communication (IMC) aims to provide a coherent and consistent brand message that reaches target audience. In order to develop a holistic plan that maximises brand effect message and improves the entire customer experience, IMC combines numerous communication and promotional techniques, including advertising, public relations, personal selling, direct marketing, and sales promotions. The different audiences are customers, employees, partners and shareholders.

Long-term success depends on measuring IMC tactics in order to assess the return on investment (ROI) of various IMC tactics and refine their approach to maximise effectiveness and efficiency. It makes marketers accountable for the success of IMC methods, allowing them to spot problem areas and take remedial action. Additionally, it assists marketers in properly allocating resources and choosing how to divide their money among several IMC strategies.

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Dividing work among employees and applying motivational theories to increase employee satisfaction are the two components of job:

Answers

Job design involves dividing work among employees and applying motivational theories to increase employee satisfaction.

What is job design?

Job design is the act of setting employees' roles and responsibilities and procedures that employee should follow.

The main purpose of job design is to optimise work processes.

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How will the organization obtain cash to operate concession stands and provide

Answers

Answer:

Take inventory of all existing equipment and supplies. ...

Step out of the stand and view it from the outside. ...

Mentally walk through a transaction involving each type of menu item you sell. ...

Consider the customer's need for counter space.

Explanation:

Brainliest

Question 2 of 17:
Select the best answer for the question.
2. The number of units in each transaction is called:
OA. Units per person
O B. Units per time
O C. Units per transaction
O D. Units per customer
O Mark for review (Will be highlighted on the review page)

Answers

Answer: The number of units in each transaction is called units per transaction. Hence the answer is option C.

Explanation: Units per transaction is a sales metric system of calculation used in the retail sales department to measure the average sum of purchases, that customers are making in a given transaction.

The higher the units per transaction, the more the purchase of items by customers at every visit. Retail distributors often consider units per transaction as a KPI or Key Performance Indicator.

Using units per transaction as a Key Performance Indicator can help individual retail sales teams understand their performance compared to other retail sales teams around them.

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Just take the points ;-; I'm done here
what is 2+2

Answers

Answer: 4

Explanation:

2+2=4

In addition, the addends or the summands are numbers or terms being added together

"Suppose that the video game company Ultravision releases a new game called "Call of Obligation: Modern Combat 3." This can be analyzed using tools from both microeconomics and macroeconomics. Classify the items according to whether they are an application in microeconomics or macroeconomics."

Answers

Answer:

Microeconomics

How much will Ultravision charge for "Call of Obligation?"

Is Ultravision able to sell all of the "Call of Obligation" games it produces or do they need to produce more?

How does Ultravision choose to market "Call of Obligation?"

How much will Ultravision pay the developers of the game?

Macroeconomics

Has the country's unemployment rate changed as Ultravision  hired a huge team of workers to develop the game?

Have the millions of dollars that people have spent on video games worldwide affected the Gross Domestic Product (GDP) in their respective countries?

How much less economic output occurs countywide because workers call in sick to stay home and play either "Call of Obligation" or another video game?

Explanation:

Microeconomics refers to the study of the events resulting from responses of individuals to changes in motivation, prices, measures to produce and methods of production.

Macroeconomics

Macroeconomics is the subdivision of economics that is concerned with the functioning and organizational structure, characteristics, behavior and the selection processes and making decision with regards to the entire economy.

11. What are assets?

11. What are assets?

Answers

financial accounting, an asset is any resource owned by a business or an economic entity. It is anything that can be owned or controlled to produce value and that is held by an economic entity and that could produce positive economic value.
I hope this helps

Answer:

I believe it's the last option.

Explanation:

An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations.

Williamson, Inc., has a debt–equity ratio of 2.5. The firm’s
weighted average cost of capital is 10 percent, and its pretax cost of debt is 6 percent.
Williamson is subject to a corporate tax rate of 35 percent.
a. What is Williamson’s cost of equity capital?
b. What is Williamson’s unlevered cost of equity capital?
c. What would Williamson’s weighted average cost of capital be if the firm’s debt–
equity ratio were .75? What if it were 1.5?

Answers

Williamson's cost of equity capital can be calculated using the formula:Cost of Equity = Weighted Average Cost of Capital - (Debt/Equity) * (1 - Tax Rate) * Cost of Debt

Given: Weighted Average Cost of Capital = 10% Debt/Equity Ratio = 2.5 Tax Rate = 35% Cost of Debt = 6% Plugging in the values: Cost of Equity = 10% - (2.5) * (1 - 0.35) * 6% = 10% - 1.5% = 8.5% Therefore, Williamson's cost of equity capital is 8.5%. b. Williamson's unlevered cost of equity capital can be calculated using the formula: Unlevered Cost of Equity = Cost of Equity / (1 + (Debt/Equity) * (1 - Tax Rate)) Given: Cost of Equity = 8.5% Debt/Equity Ratio = 2.5 Tax Rate = 35% Plugging in the values: Unlevered Cost of Equity = 8.5% / (1 + (2.5) * (1 - 0.35)) = 8.5% / (1 + 1.25 * 0.65) = 8.5% / 1.8125 = 4.69% Therefore, Williamson's unlevered cost of equity capital is 4.69%. c. To calculate the weighted average cost of capital (WACC) for different debt-equity ratios, we need to use the formula: WACC = (Equity/Total) * Cost of Equity + (Debt/Total) * (1 - Tax Rate) * Cost of Debt

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What does it mean to underwrite a share issue?

Answers

Explanation:

What does it mean to underwrite a share issue

In the securities market, underwriting involves determining the risk and price of a particular security. It is a process seen most commonly during initial public offerings, wherein investment banks first buy or underwrite the securities of the issuing entity and then sell them in the market.

What is a command economy controlled by?

Answers

Command economy is controlled by the Central Government.

A command economy is a key aspect of a political system in which a central governmental authority dictates the levels of production that are permissible and the prices that may be charged for goods and services. Most industries are publicly owned. The main alternative to a command economy is a free market system in which demand dictates production and prices. The command economy is a component of a communist political system, while a free market system exists in capitalist societies.

In a command economy, the central government dictates the level of production of goods and controls their distribution and prices. Proponents of command economies argue government control rather than private enterprise can ensure the fair distribution of goods and services.

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D. Short answer questions:
a. Compare the monopoly’s price and quantity with that of a
perfectly competitive firm’s. Which is better for the consumer?
b. How can government regulation of a monopoly increase the
allocative efficiency of the monopoly?

Answers

Answer:

Explanation:

a. Monopoly has no competition so it can charge a higher price and produce less quantity when compared to a perfectly competition.  For a consumer, perfectly competition which provides more goods at a lower price is better.

b. Due to lack of competition, monopoly does not have to be efficient in its resource allocation.  To increase the allocative efficiency, the government can pass regulation to limit price charged and increase quantities of goods produced by the monopoly.

Answer:

Explanation:

compared 2 perfectly competitive firms, monopoly charges higher price and produces less quantity.

perfectly competitive firms are better for consumer

govt regulation can increase monopoly's efficiency by putting restriction on price n requiring quantity of goods produced.

Management, can anyone help me?

Management, can anyone help me?

Answers

I think it is C I looked up some stuff and they all add up to C

A customer purchases $100,000 worth of merchandise from the ABC company on January 1st with terms of 5/10 EOM, net 60. If the customer pays the bill within the discount period the ABC company will receive payment of:

Answers

if the customer pays the bill within the discount period, ABC Company will receive payment of $95,000.

The amount of payment that ABC Company would receive if the customer pays the bill within the discount period of 5/10 EOM, net 60, is $95,000. A discount period of 5/10 EOM, net 60 means that the customer can get a discount of 5% on the invoice amount if the payment is made within ten days from the end of the month (EOM) in which the invoice was issued. If the customer fails to make the payment within the discount period, they will be required to make the full payment of $100,000 within a period of 60 days from the date of the invoice.

Therefore, if the customer makes the payment within ten days from the end of the month (EOM) in which the invoice was issued, the amount of payment will be calculated as follows:
Invoice amount = $100,000

Discount rate = 5%

Discount amount = 5% x $100,000 = $5,000

Amount payable within discount period = Invoice amount - Discount amount

= $100,000 - $5,000 = $95,000.

Hence, if the customer pays the bill within the discount period, ABC Company will receive payment of $95,000.

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PLEASE HELP ASAP (EASY)

Fiona short has wondered how to turn her 185,000 followers into an even bigger business. She thinks she has two options: 1. Open a Fifi's Closet shop in central London or 2. Pay a friend to set up a second e-commerce Fifi's Closet website in French. Justify which of these two options Fiona should choose (9 marks)

Answers

Answer:

2

Explanation:

you're capable of reaching more people with a website

Help don’t know what I’m doing pls help

Help dont know what Im doing pls help

Answers

Answer:

£53,000, £83,000, £82,000

Explanation:

Let's figure out how much the State Valley spends on fixed costs.

13,000 + 2,500 + 35,000 + 3,000 = 53,500

The State valley spends £53,000 on fixed costs every year.

The next question asks for the total costs of State Valley for the year, assuming that they sell 60,000 units.

Let's figure out the wage fee from selling 60,000 units.

If each wage fee is £0.50, we can use this equation.

60,000 × 0.5 = 30000

The State Valley pays £30,000 for wage fees.

To find the total costs for State valley for that year, we would need to add the fixed fees and the wage fees.

53,000 + 30,000 = 83,000

The State Valleys total costs for the year is £83,000.

Now it's asking the total revenue of selling 60,000 units.

We first would need to figure out how much the State Valley would buy a bag of blue stale chippings (bsc).

(Cost of bag + wage fees = total cost of bag)

1.75 + 0.50 = 2.25

The State valley buys a bag of bsc for £2.25.

If they sell a bag of bsc for £4.50, we need to figure out their profit on each bag.

4.50 - 2.25 = 2.25

They make a profit of £2.25 on each bag of bsc they sell.

Now multiply that by 60,000:

2.25 × 60,000 = 135,000

They make a total revenue of £135,000 by selling 60,000 units.

Now, if we were to subtract the fixed costs from that:

135,000 - 53,000 = 82,000

The State Valley makes £82,000 by selling 60,000 units.

Which person is financially responsible?

Answers

Answer:

avoids debts

Explanation:

A financially responsible person would want to quick come out of bad debts, even if he is in debt , the payments should be less than 50percent of what he makes

a key characteristic of a competitive market is that

Answers

Answer:

There are many buyers and sellers in the market. Each company makes a similar product

(please give brainliest)

A key feature of a competitive market is the presence of numerous buyers and sellers, and each company produces a comparable product.

What is the competitive market?

A perfect market, is also referred to as a competitive market, is defined in economics by several idealizing conditions, collectively known as perfect competition, or atomistic competition. It creates jobs and gives people a choice of employers and work environments.

A healthy market competition is critical to the functioning of the US economy. When firms compete for customers, it leads to lower prices, higher quality goods and services, greater variety, and more innovation.

Therefore, The presence of numerous buyers and sellers is a key feature of a competitive market, and each company produces a comparable product.

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Negotiated transfer prices Blank______. Multiple select question. use the expertise of managers in weighing the costs and benefits of the transfer ensure that the supplying division will receive a market price are consistent with decentralization preserve the autonomy of the divisions ensure that all common costs will be covered

Answers

Negotiated transfer prices Blank uses the expertise of managers in weighing the costs and benefits of the transfer.

What is negotiated transfer pricing?

Negotiated transfer pricing refers to when firm representatives negotiate rates on their own, rather than relying solely on market prices.

Learn about the benefits and drawbacks of adopting negotiated transfer pricing through the example of two companies' negotiations. Transfer prices negotiated assesses the costs and benefits of the transfer with the help of managers.

Therefore, option A is correct.

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sting buys a condo for $550,000, putting 20% down. his loan is for 30 years at 6% and closing costs are 4% of the mortgage amount. what will be sting's monthly payment? show all work for full credit.

Answers

Sting's monthly payment for his condo will be approximately $2,747.58.

To find Sting's monthly payment, we'll need to consider a few factors: the loan amount, the interest rate, and the loan term.

First, let's calculate the loan amount. Sting put 20% down on a condo that cost $550,000. Therefore, the loan amount is 80% of $550,000, which is $440,000.

Next, we'll determine the closing costs. The closing costs are 4% of the mortgage amount. So, 4% of $440,000 is $17,600.

Now, we need to find the total amount of the loan, including the closing costs. To do this, we'll add the loan amount and the closing costs: $440,000 + $17,600 = $457,600.

Next, let's calculate the monthly interest rate. The annual interest rate is 6%, so the monthly interest rate is 6% divided by 12, which is 0.5%.

To find the monthly payment, we can use the formula for a fixed-rate mortgage:

M = P [ i(1 + i)^n ] / [ (1 + i)^n - 1 ],

where M is the monthly payment, P is the loan amount, i is the monthly interest rate, and n is the number of monthly payments.

Plugging in the values, we have:

M = $457,600 [ 0.005(1 + 0.005)^360 ] / [ (1 + 0.005)^360 - 1 ].

By solving this equation, we find that Sting's monthly payment will be approximately $2,747.58.

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To calculate Sting's monthly payment for his condo, we need to consider the loan amount, interest rate, and loan term.

First, let's find the loan amount. Sting put down 20% of the condo's price, which is $550,000. So, the loan amount is $550,000 - 20% of $550,000.

20% of $550,000 = 0.20 * $550,000 = $110,000
Loan amount = $550,000 - $110,000 = $440,000

Next, let's calculate the monthly interest rate. The annual interest rate is 6%, so the monthly interest rate is 6% / 12 months = 0.06 / 12 = 0.005.

Now, we can calculate the monthly payment using the loan amount, interest rate, and loan term. The loan term is 30 years, which is equivalent to 30 * 12 = 360 months.

Using the formula for a fixed-rate mortgage payment:

Monthly payment = Loan amount * (Monthly interest rate / (1 - (1 + Monthly interest rate)^(-Loan term)))

Monthly payment = $440,000 * (0.005 / (1 - (1 + 0.005)^(-360)))

Calculating this formula will give us Sting's monthly payment.

In conclusion, Sting's monthly payment for his condo will depend on the loan amount, interest rate, and loan term. By calculating the loan amount and the monthly interest rate, we can use the formula for a fixed-rate mortgage payment to find the monthly payment.

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A group of buyers and sellers of a particular good or service is called.

Answers

Required Answer : -

: \( \implies\) A group of buyers and sellers of a particular good or service is called market

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Additional information :-

The market are a place where two parties can gather, which will facilitate the exchange of goods and services. The parties that are involved are usually the buyers and sellers. A market is a physical form like a retail outlet, where the sellers and buyers can meet face-to-face, or in a virtual form like an online market, where there is an absence of direct physical contact between the buyers and sellers.‘Market’ is a term used in many instances like the securities market or the normal physical market where the people come together for the procedure of buying and selling.

The market is introduced as a structure that is for the societal benefit of the society. The market structure consists of various forms of market, the forms are characterized according to the nature and the degree of competition that exists in the market for the goods and services. The structure of the market both for the goods market and the service or the factor market is to be judged by the nature of competition that is prevailing in a particular type of market.The Market form is a state that is resultant for the quality or the effectiveness of market competition that is prevailing in the market.

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Hope it's helps :)

in 2021, the fixed costs of a company were $500,000, and its variable costs equaled $150,000. in 2020, the company made an annual profit of $200,000. it has been predicted that, despite a steady growth, the company's variable costs will likely equal $300,000 by 2023. the total costs of the company in 2021 were

Answers

A company's fixed costs in 2021 were $500,000, but its variable costs came to $150,000. The business generated a $200,000 annual profit in 2020.

Briefing:-

It has been estimated that the company's variable costs will probably reach $300,000 by 2023, despite sustained expansion. In 2021, the corporation spent $650,000 in total.

What are the components of variable costs?

Any costs that fluctuate according to how much a business produces and sells are referred to as variable costs. Accordingly, variable costs grow when production is higher and decline when production is lower. Labor, utility prices, commissions, and raw materials are a few of the most typical categories of variable costs.

How can you determine a business' variable costs?

Calculation of Variable Costs In order to determine variable costs, multiply the price of producing one unit of your product by the overall number of goods you have produced. The following is the formula: Cost per Unit x Total Units = Total Variable Costs.

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TRUE/FALSE. The group of theories that explain how employees meet their needs and determine their success are called process theories

Answers

False. The group of theories that explain how employees meet their needs and determine their success is called content theories, not process theories.

Content theories focus on the specific needs and motivations that drive individuals in the workplace. These theories suggest that employees have certain needs that they strive to fulfill, and the satisfaction or fulfillment of these needs affects their motivation and success.

One of the most well-known content theories is Abraham Maslow's Hierarchy of Needs, which proposes that individuals have a hierarchical set of needs, ranging from basic physiological needs to higher-level needs like self-esteem and self-actualization. According to this theory, individuals seek to fulfill their needs in a specific order, with higher-level needs becoming relevant once lower-level needs are satisfied.

Another popular content theory is Frederick Herzberg's Two-Factor Theory, which identifies two types of factors that impact job satisfaction and motivation: hygiene factors and motivators. Hygiene factors are related to the work environment and include factors like salary, job security, and working conditions. Motivators, on the other hand, are intrinsic to the work itself and include factors like recognition, achievement, and growth opportunities. According to Herzberg, the absence of hygiene factors can lead to dissatisfaction, while the presence of motivators can drive motivation and satisfaction.

These content theories, along with others like Clayton Alderfer's ERG Theory and David McClelland's Achievement Motivation Theory, provide insights into the different needs that employees have and how fulfilling those needs can contribute to their success and motivation in the workplace.

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Which of the following statements is true of nonprofit organizations?
a. They are firms that do not provide goods or services.
b. They are startup companies that have not yet generated any profits.
c. They engage in management activities to help reach their goals.
d. They do not engage in fundraising as their aim is not to generate profits.
e. They do not have a management structure like that of for-profit organization

Answers

Nonprofits do participate on management activities to assist in achieving their objectives.

Management activities: what are they?

Planning, organizing, staffing, leading, and managing are the five general responsibilities that make up management at its most basic level. These five responsibilities are a part of a corpus of guidelines and management-related beliefs.

What are the seven fundamental objectives of management?

Each of these tasks is essential to helping firms operate effectively and efficiently. Planning, organization, staffing, directing, coordinating, reporting, and budgeting are the seven functions of management, or POSDCORB, that Luther Gulick, Fayol's predecessor, further defined. The formal definition of management principles is the planning, organizing, and control of basic element operations.

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2 The link that distributes a product from a supplier to the consumer is afn)
A. supply chain
B. shipping center
C. employee chain.
D. office hub.

Answers

The answer to this question is D

Please help!!!

Drag each label to the correct location on the image.
Match the descriptions to the possibility of being addressed by a Trial Balance.

can detect the accuracy
of the accounting process

can help prepare the
income statement

can help check whether the
debit side is equal to the
credit side

can help check whether a
particular transaction has
been completely omitted

helps serve as a proof of
the application of the
double-entry system

Please help!!!Drag each label to the correct location on the image.Match the descriptions to the possibility

Answers

According to given Image the all the scenario are possible of being addressed by a Trial Balance

Give explanations for how a Trial Balance might be addressed

Can determine whether the accounting procedure is accurate: PossibleMay aid in the income statement's preparation: PossibleMay assist in determining whether the debit and credit sides are equal: PossibleCan assist in determining whether a specific transaction has been entirely missed: PossibleAids in providing evidence of the double-entry system's use: Possible

What is trial balance?

A Trial Balance is a financial statement that lists all the general ledger accounts and their balances at a specific point in time.

It serves as a tool to ensure that the total debits equal the total credits in the accounting system and helps to detect errors and discrepancies in the accounting records.

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GDP is defined as:

A. Gross Domestic Product
B. Sum of consumer purchases over a period of time
C. Business Investment
D. Government investment
E. all of the above

Answers

Answer:

Gross Domestic Product.

Answer:

Gross domestic product

Peggy started work after graduation and started investing.
Why do you think Peggy would have decided to invest?

A. to keep her finances liquid for emergencies
B. to earn compound interest
C. to minimize the risk of losing money
D. to build on her retirement fund
E. to take out a student loan for further education

Answers

Answer:

c

Explanation:

C
Highschool students still don’t know what to do after graduation and may lead to debt after
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