The important distinction among inflation generated at the demand side and inflation generated on the supply side lies in their underlying reasons and outcomes.
Demand-side inflation is pushed via excessive aggregate call for relative to the available supply of goods and services. It occurs when call for outpaces manufacturing ability, leading to fee will increase as consumers compete for restricted sources. alternatively, supply-facet inflation is due to constraints or shocks that lessen the availability or growth the fee of inputs, including labor or uncooked substances.
This results in better production fees, which can be passed on to purchasers within the shape of higher charges. the key distinction is that demand-side inflation is pushed by using extra spending, even as supply-aspect inflation is pushed via constraints or disruptions inside the manufacturing process.
Learn more about inflation:-
https://brainly.com/question/21586910
#SPJ4
What type of business makes physical goods that customers can see or touch?
Internet service provider
banking industry
manufacturing industry
commodities industry
Manufacturing industry, type of business makes physical goods that customers can see or touch. Thus, option (c) is correct.
The term business refers to the earning the profit. The business is the taking the risk and the earning the profit. The business are the mainly focuses to the activity of the creating, distribution and selling concept based.
Manufacturing industry is a type of business that can produced the goods (product) are tangible form. Manufacturing industry produced two types of goods such as consumer goods and industrial goods. Customer can easily touch and feel the product.
As a result, the significance of the type of business makes physical goods that customers can see or touch are the aforementioned. Therefore, option (c) is correct.
Learn more about on business, here:
https://brainly.com/question/15826771
#SPJ1
If management operates to maximize the firm's profits, this will also maximize the market value of stockholders' wealth.
a. True
b. False
Answer:
b. False
Explanation:
The shareholder wealth could be maximized when there is a rise in the stock price as when the stock price rises, it automatically rised the value of the firm and the net worth also
Therefore in the given situation, in case when the firm wants to maximise its profits so it not necessary to increased the market value
Therefore the given statement is false
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Explain the differences between a partnership and a corporation
Strategies for managing conflict
Can I get a brainest point plsssssss
1. Don't Ignore Conflict
If you're someone who dislikes dealing with conflict, it might seem tempting to just put your head in the sand and pretend it doesn't exist, hoping it will resolve itself on its own. While this sometimes can happen, the truth is that the vast majority of the time, this will only cause the situation to get worse. Ignored conflicts have a tendency to fester over time and reappear at inopportune moments, so do your team a favor and address conflicts when they occur, nipping a potentially toxic situation in the bud as soon as you recognize it.
2. Clarify What the Issue Is
If you're dealing with a conflict between two members of your team, it's important that you get all the facts. Sit down with each individual involved and find out exactly what the issue is. How is each individual perceiving the situation? What needs are not being met? What does each party see as an appropriate resolution? Make sure that all parties involved understand that you are acting as an impartial mediator, and let them know they can feel comfortable to share sensitive information.
3. Bring Involved Parties Together to Talk
Once you've had a chance to talk to all involved parties separately, bring them together in a meeting so that they can hash out their differences in a neutral environment. This is a time for brainstorming, active listening, and being open to different perspectives - the goal is to come to a common understanding of what the problem is, what role each individual is playing in the conflict, and what some possible solutions might be.
4. Identify a Solution
After both parties have had a chance to discuss the situation at hand, it's time to identify what a satisfactory resolution might be - and how to get there. Ideally, by this point, both parties will understand the other's side, and oftentimes the conflict will be resolved just through facilitated, open dialogue. However, if the situation requires further resolution, you will need to step in and help them negotiate a reasonable solution. This phase can require some time and effort, as it requires both parties to set aside their differences and preferences and find some common ground to work towards (which may involve not getting everything they want out of the situation). Then, work with both individuals to come up with a concrete list of steps that will result in the solution being achieved.
5. Continue to Monitor and Follow Up on the Conflict
Just because a solution has been identified and addressed doesn't mean it will just go away. As a manager, it's your responsibility to check in with both parties to ensure that the conflict has truly been dealt with, and that the steps identified to reach a solution are being followed. If all seems to be going well, simply remember to stop and observe from time to time, just to see if things really are going smoothly or if there are still lingering tensions under the surface that need to be handled. If it's clear that the solution didn't work, or wasn't the right resolution for the situation, make sure to be proactive in working with both parties to readjust expectations, identify alternative solutions, and continue their dialogue to create a positive and healthy work environment.
Mike Greenberg opened Clean Window Washing Inc. on July 1, 2014. During July, the following transactions were completed.
July 1 Issued 15,899 shares of common stock for $15,899 cash.
1 Purchased used truck for $11,899, paying $2,105 cash and the balance on account.
3 Purchased cleaning supplies for $937 on account.
5 Paid $2,160 cash on a 1-year insurance policy effective July 1.
12 Billed customers $4,880 for cleaning services.
18 Paid $1,028 cash on amount owed on truck and $540 on amount owed on cleaning supplies.
20 Paid $2,191 cash for employee salaries.
21 Collected $1,634 cash from customers billed on July 12.
25 Billed customers $2,532 for cleaning services.
31 Paid $373 for maintenance of the truck during month.
31 Declared and paid $618 cash dividend.
Journalize the July transactions.
Post to the ledger accounts.
Prepare a trial balance at July 31.
Journalize the following adjustments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
(1) Services performed but unbilled and uncollected at July 31 were $1,750.
(2) Depreciation on equipment for the month was $202.
(3) One-twelfth of the insurance expired.
(4) An inventory count shows $320 of cleaning supplies on hand at July 31.
(5) Accrued but unpaid employee salaries were $415.
Post adjusting entries to the T-accounts.
Cash
7/1
15,899
7/1
2,105
7/21
1,634
7/5
2,160
7/18
1,568
7/20
2,191
7/31
373
7/31
618
7/31 Bal.
8,518
Accounts Receivable
7/12
4,880
7/21
1,634
7/25
2,532
Supplies
7/3
937
Prepaid Insurance
7/5
2,160
Equipment
7/1
11,899
7/31 Bal.
11,899
Accumulated Depreciation-Equipment
Accounts Payable
7/18
1,568
7/1
9,794
7/3
937
7/31 Bal.
9,163
Salaries and Wages Payable
Common Stock
7/1
15,899
7/31 Bal.
15,899
Dividends
7/31
618
7/31 Bal.
618
Service Revenue
7/12
4,880
7/25
2,532
Maintenance and Repairs Expense
7/31
373
7/31 Bal.
373
Supplies Expense
Depreciation Expense
Insurance Expense
Salaries and Wages Expense
7/20
2,191
Problem 4-8A Mike Greenberg opened Clean Window WaPrepare an adjusted trial balance.
Problem 4-8A Mike Greenberg opened Clean Window WaPrepare the income statement for July.
Prepare a retained earnings statement for July. (List items that increase retained earnings first.)
Prepare a classified balance sheet at July 31. (List current assets in order of liquidity.)
Journalize closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
Answer:
Explanation:
sir what is this, is this a question?
what technical development has allowed back-office functions to relocate to ldcs?
The technical development that has enabled back-office functions to relocate to Less Developed Countries (LDCs) is the advancement and widespread availability of information and communication technology (ICT). The rapid growth of digital infrastructure, the Internet, and communication networks has revolutionized the way businesses operate and manage their back-office functions.
With the help of ICT, companies can now easily transmit data, documents, and information across long distances in real time. This has significantly reduced the barriers of distance and facilitated the outsourcing of back-office operations to LDCs. LDCs often offer cost advantages, including lower labor costs, which can be leveraged by companies through outsourcing. By relocating back-office functions to LDCs, companies can tap into a skilled workforce at a lower cost compared to developed countries, thus achieving cost savings.
Learn more about LDCs: https://brainly.com/question/29602766
#SPJ11
Mary Lou, who has connections to the local bakers, supplies 4 types of delicious cookies (that she knows is a success among her fellow students) to each of the 3 dining halls on campus after a small mark-up. She takes the order from each of the dining halls every day, places the order with the right bakery, and supplies to the dining hall warm and fresh each morning. Which of the following is true about Mary Lou's supply chain?
a. Mary Lou is using a push model.
b. Mary Lou is using a pull model.
c. Mary Lou is experiencing the bull whip effect.
d. Mary Lou has an accurate demand forecast.
e. None of the above are true.
Mary Lou is using a pull model in her supply chain. In a pull model, the production is based on actual demand, which means the orders are triggered based on customer demand. The correct option is b.
Mary Lou takes the orders from each of the dining halls every day and places the order with the bakery based on the actual demand from the customers. This helps to ensure that the cookies are always fresh and warm, and there is no wastage of inventory.
The push model, on the other hand, is based on anticipated demand, and the production is done in advance. This model can result in excess inventory, which can lead to waste and higher costs.
Mary Lou's supply chain is not experiencing the bullwhip effect because there are no significant fluctuations in demand, and she is not overstocking or understocking inventory. The bullwhip effect occurs when there is a distortion in demand information as it moves up the supply chain, resulting in excess inventory or stockouts.
Finally, it can be assumed that Mary Lou has an accurate demand forecast since she is able to supply the right quantity of cookies every day based on customer demand. Therefore, the correct answer is that Mary Lou's supply chain is using a pull model.
Know more about the pull model
https://brainly.com/question/6528189
#SPJ11
Calcular el Costo Variable Total teniendo en cuenta:
CANTIDAD PRODUCIDA: 1000 UNIDADES
COSTO VARIABLE UNITARIO: $ 50
COSTO FIJO TOTAL: $ 20.000
PRECIO DE VENTA: $ 100
By dividing the price to produce one unit of your product by the number of items you have created, you can determine the total variable cost. For instance, if producing one unit of your product costs $60 and you produced 20 units, your total variable cost would be $60 x 20 or $1,200.
What is the product?The object being sold is referred to as a product. A service or an object both qualify as products. It could take on a physical, virtual, or cyber form. Every product has a cost associated with it, and each one has a price. The market, the quality, the marketing, and the group that is being targeted all affect the price that can be charged.
the price to produce one unit of your product by the number of items you have created, you can determine the total variable cost. For instance, if producing one unit of your product costs $60 and you produced 20 units, your total variable cost would be $60 x 20 or $1,200.
Therefore, By dividing the price to produce one unit of your product by the number of items you have created, you can determine the total variable cost.
Learn more about products here.
brainly.com/question/22852400
#SPJ1
TufStuff, Inc., sells a wide range of drums, bins, boxes, and other containers that are used in the chemical industry. One of the company's products is a heavy-duty corrosion-resistant metal drum, called the WVD drum, used to store toxic wastes. Production is constrained by the capacity of an automated welding machine that is used to make precision welds. A total of 2,000 hours of welding time is available annually on the machine. Because each drum requires 0.4 hours of welding time, annual production is limited to 5,000 drums. At present, the welding machine is used exclusively to make the WVD drums. The accounting department has provided the following financial data concerning the WVD drums:
Management believes 6,000 WVD drums could be sold each year if the company had sufficient manufacturing capacity. As an alternative to adding another welding machine, management has considered buying additional drums from an outside supplier. Harcor Industries, Inc., a supplier of quality products, would be able to provide up to 4,000 WVD-type drums per year at a price of $138 per drum, which TufStuff would resell to its customers at its normal selling price after appropriate relabeling.
Megan Flores, TufStuff's production manager, has suggested that the company could make better use of the welding machine by manufacturing bike frames, which would require only 0.5 hours of welding time per frame and yet sell for far more than the drums. Megan believes that TufStuff could sell up to 1,600 bike frames per year to bike manufacturers at a price of $239 each. The accounting department has provided the following data concerning the proposed new product:
The bike frames could be produced with existing equipment and personnel. Manufacturing overhead is allocated to products on the basis of direct labor-hours. Most of the manufacturing overhead consists of fixed common costs such as rent on the factory building, but some of it is variable. The variable manufacturing overhead has been estimated at $1.35 per WVD drum and $1.90 per bike frame. The variable manufacturing overhead cost would not be incurred on drums acquired from the outside supplier.
Selling and administrative expenses are allocated to products on the basis of revenues. Almost all of the selling and administrative expenses are fixed common costs, but it has been estimated that variable selling and administrative expenses amount to $0.75 per WVD drum whether made or purchased and would be $1.30 per bike frame.
All of the company's employees-direct and indirect-are paid for full 40 -hour workweeks and the company has a policy of laying off workers only in major recessions.
Required:
Given the margins of the two products as indicated in the reports submitted by the accounting department, does it make sense to consider producing the bike frames? Explain.
No, because it took into account allocated fixed expenses as well, the Product Margin as calculated by the Accounting Department should not be used to make such decisions. When making decisions, variable costs should be taken into account.
What is the profit margin?
Profitability is gauged by profit margin. Finding the profit as a proportion of revenue is used to calculate it. Gross profit margin, operating profit margin, and net profit margin are the three different forms of profit margins. Gross profit is multiplied by net sales to determine gross profit margin.
The product's gross profit margin is determined by the discrepancy between the selling price and the product cost. The gross profit margin is divided by the selling price to produce the product margin. Product margin is equal to the product's selling price divided by its cost. Typically, product margins are expressed as percentages.
To learn more about profit margin refer to:
https://brainly.com/question/10218300
#SPJ4
Deliberate on why a bank that undertakes too plentiful risk
can become bankrupt and fail. (
Deliberate on why banks need liquidity
A bank that undertakes excessive risk faces the possibility of becoming bankrupt and failing. This is primarily because taking on too much risk can lead to substantial losses, erode the bank's capital, and undermine its ability to meet obligations.
On the other hand, banks need liquidity to ensure smooth operations, fulfill customer demands, and maintain confidence in the financial system.
When a bank takes on excessive risk, such as making risky loans or engaging in speculative investments, it increases its exposure to potential losses. If those risks materialize and result in significant financial setbacks, the bank's capital can be severely depleted. Capital serves as a cushion against losses and acts as a buffer to absorb unexpected shocks. When a bank's capital is eroded due to excessive risk, it may find itself unable to cover losses and meet its financial obligations, leading to insolvency and bankruptcy. Additionally, a bank's failure can have broader implications for the stability of the financial system, as it can trigger a loss of confidence and have a ripple effect on other banks and the economy.
On the other hand, liquidity is vital for banks to operate effectively and fulfill their role in the financial system. Liquidity refers to a bank's ability to meet short-term obligations and customer demands for cash. Banks need liquidity to provide funds for withdrawals, process payments, and lend to individuals and businesses. Without sufficient liquidity, a bank may face difficulties in meeting depositor withdrawals or making timely payments, which can undermine confidence in the institution. Maintaining adequate liquidity is crucial to ensure the stability of the banking system, foster trust among depositors, and support the smooth functioning of financial transactions.
In summary, excessive risk-taking can lead to a bank's bankruptcy and failure by eroding capital and making it unable to meet its obligations. Conversely, banks need liquidity to ensure operational efficiency, meet customer demands, and maintain confidence in the financial system. Balancing risk management and maintaining appropriate levels of liquidity are essential for the long-term viability and stability of banks.
To know more about Bankrupt :
brainly.com/question/29785705
#SPJ11
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three dimensional. How is he MOST LIKELY to add this foreground? A. B. C. D. He might change his position to include some foreground items such as rocks or grasses. He might tilt his camera up to better capture the tops of the hills. He might add some framing trees in the middleground of his image. He might circle around to the side of the hills to capture the cows standing on top. PLS HELP!!
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. He is most likely to add this foreground Option A. He might change his position to include some foreground items such as rocks or grasses.
The foreground of an image is usually the element that is closest to the viewer. The foreground is often used to add depth to an image. If a photographer wants to create a 3D appearance in his image, he must ensure that the image has a foreground, mid-ground, and background. It is possible to include a foreground in a photo by modifying the angle of the shot and including elements in the foreground.
Emilio might change his position to include some foreground items such as rocks or grasses. By doing so, he will be adding depth to his image. Another way to add foreground to an image is to use framing trees in the middle ground of the image, but this may not provide the depth required. Tilt his camera up to better capture the tops of the hills or circling around to the side of the hills to capture the cows standing on top are not recommended, as the question seeks to add a foreground.
Therefore, Emilio is most likely to add the foreground by changing his position to include some foreground items such as rocks or grasses. Therefore, the correct option is A.
The question was incomplete, Find the full content below:
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. How is he MOST LIKELY to add this foreground?
A. He might change his position to include some foreground items such as rocks or grasses.
B. He might tilt his camera up to better capture the tops of the hills.
C. He might add some framing trees in the middle ground of his image.
D. He might circle around to the side of the hills to capture the cows standing on top.
Know more about Three-dimensional here:
https://brainly.com/question/28504776
#SPJ8
Your client purchases land that has been severely eroded. He plans to fill the holes caused by the erosion with waste material. Prepare a memorandum discussing any cost recovery deductions that can be claimed on this property.
Answer:
Dismantling cost is the expense which is caused when the asset is about to bring in its original state when it was not used.
Explanation:
To: Director Finance
From: Business Analyst
Subject: Cost recovery for dismantling
It is to bring into your knowledge that the land area near the plant was used by our company several years ago. The company has decided to sell it to one of our client. He has agreed to purchase the land but the erosion caused due to plant and manufacturing activities need to be restored. For this purpose we have decided to fill the erosion holes with waste material.
Your Kind approval is required for the process.
A nation whose interest rate is rising relatively fast will see its securities become ________ attractive to foreigners. Its currency will __________.
-more; depreciate
-more; appreciate
-less; depreciate
-less; appreciate
A nation whose interest rate is rising relatively fast will see its securities become more attractive to foreigners. Its currency will appreciate.
When a nation's interest rate rises rapidly, it makes its securities, such as bonds and other financial instruments, more attractive to foreign investors. Higher interest rates offer the potential for greater returns on investments. As a result, foreign investors are more likely to buy these securities, increasing the demand for the nation's currency.
The increased demand for the currency leads to an appreciation of its value in the foreign exchange market. The currency's exchange rate strengthens, meaning it can buy more of other currencies. Therefore, a nation whose interest rate is rising relatively fast will see its securities become more attractive to foreigners, and its currency will appreciate.
Learn more about currency appreciation here: brainly.com/question/9659755
#SPJ11
6. Chapter 7 discussed the internet as a disruptive innovation that has facilitated online retailing. It also has presented challenges to brick-and-mortar retailers. How might retailers such as Nordstrom, Neiman Marcus, or Macy’s need to change their in-store experience to continue to attract a flow of customers into their stores to expand sales using direct selling and store displays of the actual merchandise? If the internet continues to grow and sales of brick-and-mortar retailers decline, how might the retailers attract, train, and retain high-quality employees if the industry is perceived as in decline?
Retailers will need to adapt to changing consumer preferences and the growing influence of the internet to remain competitive and attract customers. At the same time, they will need to invest in their employees and create a positive work environment to retain high-quality staff and maintain a strong brand reputation.
To continue to attract customers into their stores and expand sales using direct selling and store displays, brick-and-mortar retailers such as Nordstrom, Neiman Marcus, or Macy's may need to change their in-store experience in several ways:
Create a seamless omnichannel experience: Retailers can integrate their online and offline channels to create a seamless shopping experience for customers. This includes offering in-store pickup for online orders, allowing customers to order online while in the store, and providing personalized recommendations based on a customer's online browsing history.
Enhance the in-store experience: Retailers can make their stores more attractive and engaging by incorporating digital technology, offering unique experiences like personal shopping, providing high-quality customer service, and ensuring that products are always in stock and well-organized.
Emphasize exclusivity and luxury: High-end retailers like Nordstrom, Neiman Marcus, and Macy's can differentiate themselves from online retailers by emphasizing their exclusivity and luxury. This includes offering unique, high-end products that are not available online, creating a luxurious shopping experience with personalized service and attention to detail, and cultivating a sense of exclusivity and prestige around their brand.
If the internet continues to grow and sales of brick-and-mortar retailers decline, retailers may face challenges in attracting, training, and retaining high-quality employees. To address this, they may need to:
Offer competitive compensation and benefits: Retailers can offer competitive salaries, bonuses, and benefits to attract and retain high-quality employees. This includes providing opportunities for advancement, offering flexible schedules, and providing a positive work environment.
Invest in employee training and development: Retailers can invest in employee training and development to help them stay up-to-date with the latest trends and technologies, and to provide them with the skills they need to succeed in a rapidly changing retail environment.
Focus on employee engagement and motivation: Retailers can create a positive and engaging work environment by fostering a sense of community and teamwork, recognizing and rewarding outstanding performance, and providing opportunities for employees to provide feedback and share ideas.
For more such questions on work environment
https://brainly.com/question/30593815
#SPJ4
In the book, Journey to the Emerald City, Roger Connors and Tom Smith identified the first step to creating a culture for
accountability as:
a) Take action on beliefs
b) Identify beliefs to produce desired action
c) Identify desired results
Answer:
Explanation:
C Identify desired results
You need to create a legal structure for your small business. You have plans for it to grow and hope in the future to sell shares to the public. Your startup partners are citizens of Mexico and Japan. You do not want to be personally responsible for business liabilities. Which legal structure should you set up for your business?
Question 1 options:
Limited Liability Company
S- Corporation
Sole Proprietorship
C- Corporation
Answer:
C- Corporation
Explanation:
marketing started with companies selling whatever they produced without considering customer needs. this was called the ______ era of marketing.
The production era of marketing is the ear where companies sells whatever they produced without considering customer needs.
Basically, the 5 eras of marketing includes the production era, product era, selling era, marketing era and social marketing era.
The production era of marketing is one which started in the 1860s to 1920s during the Industrial Revolution.
During this era, companies produce goods in mass and at a low cost with the mindset that “if they produced, someone will buy, then make profit".
Therefore, the answer is production era of marketing because the marketing era is when companies sells whatever they produced without considering customer needs.
Learn more about this here
brainly.com/question/1166260
When you put a check you received in the bank, you have immediate access to the money.
True or False.
Answer:
this is true hope this helps
Explanation:
can woolworths raise extra capital for expansion
Woolworths can raise extra capital for the expansion a shop in each kingdom in Australia. With the organisation and its stores strolling correctly. Woolworths commenced to experiment with expanding their grocery range more shops began stocking clean culmination and vegetables and a bigger variety of meals.
Woolworths has created an aggressive facet thru its tremendous logistics systems and particularly organized providers' contracts, which ensure that goods are introduced at the proper time. further, the employer uses era to manipulate its delivery chain and stock.
Woolworths has created an aggressive part thru its outstanding logistics systems and relatively organized providers' contracts, which ensure that items are brought at the right time. in addition, the employer makes use of technology to control its supply chain and stock.
Learn more about Woolworths here:-https://brainly.com/question/24382022
#SPJ9
Required a. Assume that the land was sold for $29,500 in Year 3. (1) Show the effect of the sale on the accounting equation. (2) What amount would Prairie report on the Year 3 income statement related to the sale of the land
Prairie would report a gain of $8,500 on the Year 3 income statement related to the sale of the land.
The effect of the sale of land on the accounting equation is as follows: 1) Increase in cash ($29,500) and 2) Decrease in land ($21,000).Since the land was sold for $29,500 in year 3, the effect of the sale on the accounting equation is as follows:Assets=Liabilities + Stockholders' equity Land 21,000Cash 29,500 =Total assets 50,500 =Total liabilities + Stockholders' equity (no effect)Total liabilities + Stockholders' equity = 50,500.
Prairie will report a gain on the sale of land in the year 3 income statement. The amount of gain would be calculated as the difference between the proceeds from the sale of land and the cost of the land, which is:$29,500 - $21,000 = $8,500.
For more such questions land,Click on
https://brainly.com/question/26383713
#SPJ8
Select ALL the correct answers.
Which two of the following are factors of production?
a home mortgage loan
stock in a construction company
a newly built house
carpentry skills
planks of hardwood
Answer:
stock in a construction company
planks of hardwood
If you wanted to compare economic well-being over time and across countries, the data you would use is: Group of answer choices per capita GDP inflation real per capita GDP real GDP
Answer:
Real GDP per capita is a measurement of the total economic output of a country divided by the number of people and adjusted for inflation. It's used to compare the standard of living between countries and over time.
Select all that apply On December 1, Christy Co. accepted a 60-day, 6%, $1,000 note due January 30. On December 31, the appropriate year-end adjusting entry was made. On January 30, the note was honored and paid in full. The entry to record receipt of payment on January 30 (assuming no reversing entry was made) would include a credit to: (Check all that apply.) Multiple select question. Notes Receivable for $1,000. Cash for $1,010. Interest Revenue for $5. Interest Revenue for $10. Interest Receivable for $5.
Answer:
Notes Receivable for $1,000. Cash for $1,010. Interest Revenue for $5. Interest Receivable for $5.
Explanation:
The journal entry to record the receipt of the payment is shown below:
Cash Dr $1,010
To Interest receivable $5 ($1,000 ×6% × 30 days ÷ 360 days)
To Interest revenue $5
To Note receivable $1,000
(being the receipts is recorded)
here cash is debited as it increased the assets and credited the interest receivable, interest revenue and note receivable as it increased the assets and revenue accounts
Why is creative thinking important to generate business ideas?
Answer: Creative thinking is necessary for business problem-solving.
Explanation: The skill of creative thinking is a helpful skill because it teaches workers/business owners to find opportunities and ways to improve something even if the situation is challenging. This also lets the person face a problem or situations by a different view. I hope this helped!
Elizabeth's minimum monthly payment on her credit card is the higher of 2.5%
or $12. If her balance at the end of the month is $5800, what is the minimum
amount Elizabeth must pay to keep her account in good standing?
O A. $25
O B. $12
OC. $45
O D. $580
Answer:
$145
Explanation:
Minimum monthly payment at the rate of 2.5%
= 2.5/100 × $5,800
=$145
Between $12 & $145,
$145 is higher hence will be the minimum amount Elizabeth must pay to keep her account in good standing.
Which of the following is NOT true about emergency funds?
a,They can keep you from borrowing money from friends and family.
b,They help remove the worry about expenses not in the budget.
c,They are used for anything listed on the budget.
d,They help you prepare for unexpected expenses.
Answer:
The answer is "They are used for anything listed on the budget."
The option that is NOT true about emergency funds is: c. They are used for anything listed on the budget.
What is emergency funds?Emergency funds are usually not used for things that are planned and included in the budget. Instead, emergency funds are money saved specifically for unexpected expenses that you didn't plan for in your usual budget.
The reason for having an emergency fund is to have money saved for unexpected things that might happen, like when someone gets hurt and needs to go to the hospital or when a car or home needs fixing. It can also help if someone loses their job or if something else happens that they didn't expect.
Read more about emergency funds here:
https://brainly.com/question/13420184
#SPJ6
... is an economic system where consumers can choose what to buy and where to buy
A. Planned economic system
B. Mixed economic system
C. Market economic system
D. Tradition economic system
it is C. Market Economic system!
as I read and knew once I found of by reading the sentence you put.
to check out more and I give credits also too for the information https://flexbooks.ck12.org
for confirming it for me. and you can find out more about Economic Systems there for sure also !!
Answer:
it can be either mixed or a market economy
Explanation:
You do an extensive survey and learn that 15 out of the 200 people surveyed like to eat out on Tuesdays. You then look only at the 60 families answering survey and find that 10 prefer to eat out on Tuesdays. Are families for or less likely to eat out on Tuesday than the general population?
The family should be less likely to eat out on Tuesday as compared to the general population.
Given that,
Out of 200 people, 15 people should eat out on Tuesday.Now only look 60 families out of this 10 should be preferred to eat out on Tuesday.Based on the given information, we can conclude that the family should be less likely to eat out on Tuesday as compared to the general population.
Learn more about the population here: brainly.com/question/8696744
According to Armour (2007), a Gallup poll indicated that employees who had _____ at work reported 50% more job satisfaction than those who did not.
Answer:
close friends
Similarly, a Gallup poll revealed that employees who had close friends at work were almost 50% more satisfied with their jobs than those who did not (Armour, 2007).
Explanation: