Answer:
for American Airlines
Explanation:
Hiram is a computer engineer and, while unemployed, invents a switching device for computer networks. He patents the device, but does not reduce it to practice. Hiram has a zero tax basis for the patent. In consideration of $800,000 plus a $1 royalty per device sold, Hiram assigns the patent to a computer manufacturing company. Hiram assigned all substantial rights in the patent. Which of the following is correct?
Hiram automatically has long-term capital gain from both the lump sum payment and the royalty payments.
A royalty contribution is a sum of money given to another party who is the owner of a certain asset in exchange for the obligation to continue using that asset. Although there are numerous ways and metrics of compensation, royalties are generally agreed upon as a percent of the gross or net revenues received through the use of a particular asset or a fixed per unit price supplied of an item of such.
Possible forms of compensation include royalties from quasi resources, patents, logos, franchises, copyrighted content, publication royalties, audio royalties, and art royalties. Prominent clothing designers have had the right to request royalties from companies who use their names and designs without permission.
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What are the economic and social roles of business
and the role of government in it
it.
Because there is no market for them, the government offers some public goods and services that the private sector is unable to deliver.
A few examples include the national defense, public parks, and national highways. The nature of public goods is the reason why the government provides such items.
What are economic and social roles ?Companies contribute significantly to society in ways other than just the way that they do business. The manner in which these responsibilities are fulfilled and shared with the stakeholders may have an impact on the company's reputation.
A company's visibility is the first step in developing a positive reputation. Increasing business awareness requires a significant contribution from the media. Public perception is greatly impacted by media visibility
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Which type of car insurance policy usually has the highest premium?
Comprehensive car insurance policy usually has the highest premium among all the other types of car insurance policies. Hence the correct answer is A.
Comprehensive car insurance is an optional coverage that provides protection against damage to your vehicle from various risks such as theft, vandalism, fire, and natural disasters. It also covers damages to your car from collisions with animals. Comprehensive car insurance provides broader coverage than liability insurance, including damage to both other people and property and your own car, making it more expensive.
Therefore, comprehensive car insurance policy usually has the highest premium among all the other types of car insurance policies. Hence the correct answer is A.
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Case
Demand/supply
To the right/left
More /less (Q)
Income decrease
1
2
3
Price of raw materials decrease
4
5
6
Price of competitors decrease
7
8
9
Fill in the blanks with the correct behavior of the demand/supply curves
Type in the number relevant to it's location when answering,
ex: 1= when income decreases, supply will... and demand will...
8= When competitors price decrease, the curve will shift to the ....
Answer:
Je ne sais pas
Explanation:
Raising money to fund their programs, providing education, providing service to those affected, and advocating are the basic objectives of:
Organizations that engage in these activities including advocacy and education, are known as Philanthropic organizations.
What is a philanthropic organization?They are non-profit organizations. They champion various causes related to the provision of basic human rights to the less privileged.The only way they are able to engaged in these causes and programs is by raising funds and they do this through various ways such as receiving charitable donations and engaging in business.
In conclusion, this is a philanthropic organization.
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Skysong Company began operations in 2025 and determined its ending inventory at cost and at LCNRV at December 31, 2025, and December 31, 2026. This information is presented below.
Cost Net Realized Value
12/31/25 $318,270 $296,260
12/31/26 440,430 422,800
(a) Prepare the journal entries required at December 31, 2025, and December 31, 2026, assuming inventory is recorded at LCNRV and a perpetual inventory system using the cost-of-goods-sold method.
(b) Prepare journal entries required at December 31, 2025, and December 31, 2026, assuming inventory is recorded at LCNRV and a perpetual system using the loss method.
The appropriate journal entries required at December 31, 2025, and December 31, 2026 is; Debit Cost of goods sold $22,010, Credit Allowance to reduce inventory to NRV $22,010 ; Debit Allowance to reduce inventory to NRV $4,380, Credit Cost of goods sold $4,380.
How to prepare the journal entry?Skysong Company Journal entries
a) December 31, 2025
Debit Cost of goods sold $22,010
Credit Allowance to reduce inventory to NRV $22,010
( $318,270 - $296,260 )
December 31, 2026
Debit Allowance to reduce inventory to NRV $4,380
Credit Cost of goods sold $4,380
[( $318,270 - $296,260 ) - ($440,430 - $422,800)]
b) December 31, 2025
Debit Loss due to decline inventory to NRV $29,000
Credit Allowance to reduce inventory to NRV $29,000
( $318,270 - $296,260 )
December 31, 2025
Debit Allowance to reduce inventory to NRV $4,000
Credit Recovery of Inventory loss $4,000
[( $318,270 - $296,260 ) - ($440,430 - $422,800)]
Therefore the entry at dec 31 2025 is to Debit Cost of goods sold with amount of $22,010 and to Credit Allowance to reduce inventory to NRV with the amount of $22,010.
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On 1st January, 2012, the following were the ledger balances of Rajan & Co
Cash in hand Rs900 ; Cash at bank Rs21,000 ; Soni (Cr) Rs3,000 ; Zahir (Dr) Rs 2400 ; Stock Rs21,000 ; Prasad (Cr) Rs6,000 ; Sharma (Dr) Rs4,500 ; Lall (Cr) Rs2,700.
Ascertain Capital
Transactions during the month were : [insert image]
Journalise the above transactions and post them to ledger. u
The following is the arranged Trial Balance in the books of Rajan and Co. (kshs.):
Particulars
Debit
Credit
Cash in Hand
850
Cash at Bank
14,530
Stock
14,900
Soni (Cr)
Zahir (Dr)
2,400
Prasad (Cr)
400
Stationary
50
Sharma (Dr.)
3,000
Drawings
200
Interest on Capital
100
Capital A/c
100
Rent A/c
200
Landlord A/c
200
Purchases A/c
6,300
Sales
3,000
Gain on Settlement
80
Loss on Settlement
50
The arranged Journal Entries for the transactions that took place in the books of Rajan and Co. (kshs.):Journal
Date
Particulars
Debit
Credit
02-Jan-21
Purchases (Stock) A/c Dr.
2,700
To Prasad A/c
2,700
(Being goods purchased from Prasad)
22-Jan-21
Stationary A/c Dr.
50
To Cash A/c
50
(Being stationary purchased for Cash)
03-Jan-21
Sharma A/c Dr.
3,000
To Sales (Stock) A/c
3,000
(Being goods sold to Sharma)
29-Jan-21
Prasad A/c Dr.
2,650
To Bank A/c
2,650
(Being payment made to Prasad for goods purchased)
05-Jan-21
Purchases (Stock) A/c Dr.
3,600
To Bank A/c
3,600
(Being goods purchased from Lall and payment made through cheque)
07-Jan-21
Drawings A/c Dr.
200
To Stock
200
(Being Goods withdrawn for personal use)
30-Jan-21
Interest on Capital A/c Dr.
100
To Capital A/c
100
(Being Interest on Capital provided)
13-Jan-21
Bank A/c Dr.
2,400
Loss on settlement Dr.
50
To Zahir A/c
2,450
(Being amount received from Zahir)
30-Jan-21
Rent A/c Dr.
200
To Landlord A/c
200
(Being rent due to landlord)
17-Jan-21
Soni A/c Dr.
3,000
To Bank A/c
2,920
To Gain on Settlement
80
(Being payment received from Soni and gain on settlement)
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Interests banks pay to borrower from other banks
Answer: interbank lending market
Explanation:
________ are companies that pool investments from individuals and organizations to purchase a portfolio of stocks, bonds, and other securities.
A. Stock Companies
B. Stock Exchangers
C. Brokers
D. Mutual Funds
You’ve decided to buy some rental property but know very little about the law regarding landlord-tenant relations. You head to the local law library to do a little research on the subject. The law librarian is extremely helpful, and with his help, you have lots of reading material about landlord-tenant law! You discover there are several kinds of law and that some laws are procedural and other laws are substantive. What do you think procedural law covers?
Based on the different types of laws that exists, The procedural law covers the ways of enforcing the rights of people.
What is the Procedural law?This is a type of law that is concerned with seeking for redress to the wrongs that may have been done and also helps to enforce the rights of people.
The importance is that it is what establishes the operations and the ways that courts conduct themselves.
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cross cultural differences in leadership
Answer:
Cross Cultural Leadership Cultural Differences in Leadership Cultural differences determine certain leadership traits and portions of our personality. It is easy to discredit the importance of cross-cultural differences and their influences on various leadership styles. Different cultures are known for certain traits. Cultural traditions and values play a role in a leader's style. According to the "International Journal of Cross Cultural Management," leadership traits result partly from cultural norms and partly from the needs of the leadership job. Cultures differ regarding the use of power.
If this works, when possible can i have brainliest
I need help and advice!! What if your dad is using an app called Telegram which you didn't know no one else in the family uses it. What will you do set up a trap etc. Plss i need your help.
Answer:
sup bro thatdffa on ur head
Explanation:
7. How does the quality of management relate to each of these causes of small business failure?
Answer:
Explanation:
The quality of management can have a significant impact on each of the causes of small business failure. Poor management can lead to financial mismanagement, which can cause a business to run out of cash and become insolvent. Ineffective management can also result in a lack of clear goals and direction, leading to a lack of focus and poor decision-making. Additionally, poor management can lead to problems with staffing and employee morale, which can negatively affect productivity and customer satisfaction.
On the other hand, good management practices can help a small business avoid these problems and increase the likelihood of success. Good management involves setting clear goals and making sound financial and strategic decisions, as well as effectively managing and motivating employees. By addressing these issues, a small business can improve its chances of avoiding failure and achieving long-term success.
Sweet Catering completed the following selected transactions during May 2016:
May 1: Prepaid rent for three months, $2,400
May 5: Received and paid electricity bill, $60
May 9: Received cash for meals served to customers, $2,610
May 14: Paid cash for kitchen equipment, $3,880
May 23: Served a banquet on account, $2,050
May 31: Made the adjusting entry for rent (from May 1).
May 31: Accrued salary expense, $730
May 31: Recorded depreciation for May on kitchen equipment, $780
If Sweet Catering had recorded transactions using the Cash method, how much net income (loss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign.
If Sweet Catering had recorded transactions using the Cash method, the net loss recorded for the month of May would have ($3,730).
What is the cash basis of accounting?The cash basis of accounting is the opposite of the accrual basis. This accounting method records transactions based on the occurrence of cash receipts and payments.
On the other hand, the accrual basis takes into consideration all transactions that pertain to the period whether cash movements are involved or not.
Transaction Analysis:May 1: Prepaid Rent $2,400 Cash $2,400
May 5: Electricity $60 Cash $60
May 9: Cash $2,610 Sales Revenue $2,610
May 14: Kitchen equipment $3,880 Cash $3,880
May 23: Accounts Receivable $2,050 Sales Revenue $2,050
May 31: Rent Expense $800 Prepaid Rent $800
May 31: Salary expense $730 Salaries Payable $730
May 31: Depreciation Expense- kitchen equipment, $780 Accumulated Depreciation $780
Cash Accounting for net income (loss):
Cash Revenue $2,610
Kitchen equipment -3,880
Prepaid rent -2,400
Electricity -60
Net loss = $3,730
Thus, if Sweet Catering had recorded transactions using the Cash method, the net loss recorded for the month of May would have ($3,730).
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On December 31, after making a concerted effort, management determines that it will not be able to collect the $1,200 owed to it by its customer Acme, Inc. The company uses the direct write-off method to account for uncollectible accounts.
Required:
Prepare the journal entry to record the reinstatement of the account receivable.
Answer:
Journal Entry to Record the Reinstatement of the Account Receivable:
Initial Write-off of Account:
December 1: Debit Bad Debts Expense $1,200
Credit Accounts Receivable (Acme, Inc.) $1,200
To write-off the account as uncollectible.
December 31: Debit Accounts Receivable (Acme, Inc.) $1,200
Credit Bad Debts Expense $1,200
To record the reinstatement of the accounts.
When the Cash is Collected:
December 31: Debit Cash $1,200
Credit Accounts Receivable (Acme, Inc.) $1,200
To record the cash receipt for reinstated account.
Explanation:
a) Data and Analysis:
December 1: Bad Debts Expense $1,200 Accounts Receivable (Acme, Inc.) $1,200
December 31: Accounts Receivable (Acme, Inc.) $1,200 Bad Debts Expense $1,200
December 31: Cash $1,200 Accounts Receivable (Acme, Inc.) $1,200
DESCRIBE THE FUNCTIONS OF
PRELIMINARY DATA GATHERING?
Preliminary data gathering involves collecting and analyzing relevant information to establish a foundation for research or decision-making, including identifying objectives, assessing data availability, etc.
What are the Functions of Preliminary Data Gathering?Preliminary data gathering encompasses the initial acquisition and evaluation of pertinent information, serving as a basis for research or decision-making. It aids in defining project scope, goals, and needs, while also assessing data availability and quality.
This stage assists researchers and decision-makers in gaining insights, assessing project feasibility, recognizing potential obstacles, and formulating a strategic plan for subsequent data collection and analysis.
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Problems that may occur in a business due to lack of bureaucracy
Answer:
Bureaucracy helps to form a rigid organisation.
Explanation:
Any corporation needs formal as well as informal work groups in the organisation for a corporation to achieve its targets it will need the presence of a bureaucratic approach.
bureaucracy in the organisation is to increase the level of formality,
better communication among the colleagues
as well as increase overall productivity.
which option is best described as a complementary good for trucks?
A. truck blogs
B. Truck Fuel
C. Truck factories
D. Truck regulations
The option that is best described as a complementary good for trucks is A. truck blogs.
What is complementary good ?A good that adds value to another good or service is said to be complimentary. To put it another way, they are two items that the client uses in tandem with one another. For instance, cereal and milk or a DVD and a DVD player.
A complementary good in economics is one whose appeal rises along with the appeal of its counterpart. Technically speaking, it exhibits a negative cross elasticity of demand, meaning that when the price of one commodity lowers, demand for it also rises.
Therefore, option A is correct.
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Which of the following is NOT a benefit of investing in a mutual fund?
O diversification
O skilled investors
O affordability
O lower potential gains
Lower potential gains is not a benefit of investing in a mutual fund
What are mutual funds?
A mutual fund is a type of financial instrument that combines investor capital with a single investing goal. Depending on the goals of the scheme, it subsequently invests the funds in different asset classes including equities and bonds. In general, mutual funds are considered to be a secure investment and an excellent way enabling investors to invest with little risk. A mutual fund may not always be the best option for a market participant, particularly when it comes to costs.
Reasons for high costs
The Charges.market ambiguityThe Managers of Funds.The type of fund.Size of the Fund.Taxation Associated With Your Mutual FundFor a variety of reasons, such as large inflows or to retain exclusivity, mutual funds and hedge funds may decide to close to new participants. When a fund is winding down, funds may also close to new investors because of subpar performance.
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Blank and blank is another word for networking
Stys Company's payroll for the year is $1,210,930. Of this amount, $510,710 is for wages paid in excess of $7,000 to each individual employee. The SUTA tax rate for the company is 3.2% on the first $7,000 of each employee's earnings.
Answer:
A. $4,201.32
B. $22,407.04
Explanation:
a. Calculation for The amount of FUTA tax for the year
FUTA tax= ($1,210,930-$510,710) *0.006
FUTA tax = $700,220 * 0.006
FUTA tax= $4,201.32
Therefore The amount of FUTA tax for the year is $4,201.32
b. Calculation for The amount of SUTA tax for the year
SUTA tax=($1,210,930-$510,710) *0.032
SUTA tax = $700,220 * 0.032
SUTA tax= $22,407.04
Therefore The amount of SUTA tax for the year is $22,407.04
Which data collection method is an example of a secondary source of market research?
O telephone survey
O personal interview
O trade journal
focus group
Below is a list of prices for zero-coupon bonds of various maturities. Maturity (Years) Price of $1,000 Par Bond (Zero-Coupon) 1 $ 943.40 2 873.52 3 816.37 a. An 8.5% coupon $1,000 par bond pays an annual coupon and will mature in 3 years. What should the yield to maturity on the bond be
Answer:
6.997%
Explanation:
To find the answer, we use the Yield to Maturity (YTM) for a Zero Coupon Bond:
YTM = [(F/PV)^1/n] - 1
Where:
F: Face/Par value (the question is telling us that the par value of a 3-year bond is $816.367)
PV: Present Value (which is the same as the price: $1,000)
n: number of periods (in this case 3 years because the coupon is annual)
Now, we plug the amounts into the formula:
YTM = [($1,000/$816.37)^1/3]-1
YTM = 6.997%
How can u put patience and hardworking on a objective on a resume sound smart?
Answer: You can use a variety of terminology to say that you're a hard worker and that you're a quick learner. You could say that you have a fast-track learning capability or adapt well to new procedures and processes. You could even write that you excel in mastering new job tasks swiftly.
Explanation:
A person with a doctorate degree in history is working at Burger King.
Answer:
Explanation:
Burgers, fries, and Cokes. A deceptively simple, value-laden strategy that has withstood every test of time. As stated so clearly and easily by the late Jim McLamore, this guiding principle may have gotten lost during some of the system’s darker times. But it has returned to its rightful place and proves itself every day at Burger King counters and cash registers across the country, ringing up record sales and distancing itself from the competition in taste tests and desirability.
Burgers, fries, and Cokes. Deceptively simple yet startlingly visionary, and to those who knew him, respected him, and learned from him, emblematic of Burger King Corporation’s co-founder Jim McLamore, who more than 40 years ago, changed the way America looked at burgers.
Many franchisees spoke of him as a quiet giant, a man who first, second and last, knew fast food and how to serve it. A man who never wavered from his vision, and always had time for the franchisees. As The Flame spoke with franchisees about their memories of Jim McLamore, it was discovered that he is most revered for two things - his belief in the franchise system, and his uncommon, ‘common’ touch. Here then is the NFA’s tribute to a man of honor, of enormous accomplishment, and above all, a man of inspiration with a good
While shopping for prom dresses, Madison bought the second dress she tried on. As soon as she put on the dress, she immediately thought that it "just felt
Which evaluative criteria choice did Madison use when choosing her dress?
Answer:
It just felt right
Explanation:
Which of the outcomes in are most appealing to you? Are you more attracted to extrinsic outcomes or intrinsic outcomes?
Extrinsic outcomes are external rewards such as money, status, or recognition that come from achieving a goal. These outcomes are appealing to some individuals because they provide tangible benefits and can be easily measured by others.
On the other hand, intrinsic outcomes are internal rewards such as personal satisfaction, a sense of accomplishment, or personal growth that come from achieving a goal. These outcomes are appealing to some individuals because they provide a deeper sense of fulfillment and can be more meaningful in the long-term.
Ultimately, whether someone is more attracted to extrinsic or intrinsic outcomes depends on their personal values and goals. Some people may prioritize external rewards and seek to maximize their income or social status, while others may prioritize personal growth and seek to achieve goals that align with their passions and values.
It is important to strike a balance between both types of outcomes and to find a sense of purpose and satisfaction in the goals that we pursue.
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find the longest interval on which marginal revenue exceeds marginal cost. (hint: sketch the graphs of mr and mc on the same set of axes.)
Gina loves food almost as much as she likes to make money. When Gina knew that she wanted to own her own business, she decided to open a restaurant. She didn’t know exactly what was involved and wanted some guidance as she developed her business. She contacted a nationally known restaurant xhain and purchased the right to operate her restaurant under the restaurant’s trade name.
Gina needed some guidance while she built her company because she didn't know exactly what was involved. She made contact with a well-known restaurant xhain and paid for the right to use its trade name when operating her own restaurant. So, Gina is following single ownership business.
A sole proprietorship, also known as a Single ownership business, is an unincorporated business with only one owner who is responsible for paying personal income tax on the company's profits. Since it's not essential to register a distinct business or trade name, many sole owners operate under their own identities.
Due to a lack of governmental oversight, a sole proprietorship is the most straightforward type of business to start or dissolve. As a result, consultants, sole proprietors, and other freelancers frequently operate these kinds of enterprises. The majority of small firms begin as sole proprietorships, grow, and then convert to a limited liability entity or corporation. So when Gina contacted a nationally known restaurant xhain and purchased the right to operate her restaurant under the restaurant’s trade name its referred to as single ownership business.
The question is incomplete complete question is:
Gina loves food almost as much as she likes to make money. When Gina knew that she wanted to own her own business, she decided to open a restaurant. She didn’t know exactly what was involved and wanted some guidance as she developed her business. She contacted a nationally known restaurant xhain and purchased the right to operate her restaurant under the restaurant’s trade name. what kind of business do they belong????
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The NPV and IRR method occasionally do not agree on accept/reject decisions when evaluating an investment proposal.
True or False?
The NPV and IRR method occasionally do not agree on accept/reject decisions when evaluating an investment proposal. The given statement is False.
Why positive NPV should be accepted?A project or venture has a positive NPV if the estimated earnings, discounted for their present value, are more than the anticipated costs, also expressed in today's currency. A positive NPV indicates an investment that is likely to be successful. Net loss will arise from an investment with a negative NPV.
The total of the investment's anticipated cash inflows and outflows, discounted back to their present value at a risk-adjusted rate, is known as the net present value. Project acceptance is granted if the NPV exceeds $0. The project is turned down in any other case.
Thus, the given statement is False.
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