All of the following accounts have normal debit balances except for: capital
How do we classify transactions?
Ordinarily, expenses and assets would have a debit balance because an increase in assets or expense is to be debited, hence, expenses, cash , which is an asset as well as accounts receivable, would have a normal debit balance.
In other words, capital would have a normal credit balance because an increase in capital, liabilities as well as income are credited based on the double entry principle.
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A manager increases the number of tasks that a subordinate has to do in order to make the job more interesting for the subordinate. this is known as:______.
A manager increases the number of tasks that a subordinate has to do in order to make the job more interesting for the subordinate. this is known as: job simplification.
work or task simplification is the manner of getting rid of obligations from modern-day positions to sharpen them.
The intention of work simplification is to create better work tactics that increase manufacturing at the same time as decreasing waste and expense.
job simplification consists of movements like having a worker sew buttons on shirts in an effort to make the actual clothing. paintings simplification is an powerful strategy to boost employee productivity, reduce down on cycle or shipping instances, and lift purchaser pride. in case you've by no means used task simplification, pick a venture with a small scope on your trial run.
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During the 1960s, u.s. firms created just over _____ of worldwide foreign direct investment and british firms were second accounting for just over 10 percent.
During the 1960s,US. firms created just over 65% of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.
What is meant by foreign direct investment?Foreign direct investment (FDI) is known to be a type oof cross-border form of investment.
Note that it it one where an investor that is known to resident in one economy set up a lasting interest in and a vital extent of influence over a firm that is found in another economy.
Therefore, note that during the 1960s,US. firms created just over 65% of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.
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A tax imposed by a government on goods entering at its borders is most accurately termed as a(n) _____.
A tax imposed by a government on goods entering at its borders is most accurately termed as customs duty. It is a tax imposed on imports and exports of goods.
What is Custom Duty?The charge levied on products as they are carried across international boundaries is referred to as a customs duty. It is, in the simplest words, the tax imposed on commodities that are imported and exported. This obligation is used by the government to increase income, protect domestic industries, and control the flow of commodities.
The place of manufacture and the material used to make the goods affect the customs duty rate.
The Customs Act of 1962 defines custom duty in India, and the Central Board of Excise & Customs oversees all aspects pertaining to it (CBEC).
The government's estimated customs income for the fiscal years 2020–21 was Rs 1,38,000 crore.
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Sheldon company had owner investments of $1,000; net income during the period of $5,000; and owner withdrawals of $250. the ending balance in the owner's capital account is:__________
The ending balance in the owner's capital account is $5,750.
What is the ending balance?The owner's capital account is an equity account that appears on the balance sheet. The owner's capital account shows the net ownership interest of investors in the business.
The ending balance in the owner's capital account is the sum of investments, net income less any withdrawals. The owner's capital account is used to determine the amount of wealth of the owner.
Net income and owner's investment increase the value of the owner's capital account. While, withdrawals reduce the value of the owner's capital account.
The ending balance = investment + net income - withdrawals
$1000 + $5000 = $250 = $5,750
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The economic interdependence among nations is often measured by their ___________.
The economic interdependence among nations is often measured by their openness.
What is economic interdependence?
The term "economic interdependence" refers to a measurement of the value of economic exchanges between two nations or between a nation and the rest of the globe, sometimes scaled to total national production or some other indicator of total financial assets. Globalization is one of the effects of economic interconnectedness. Each country's economy is at this point reliant on the supply of goods from other countries. For instance, China is currently a major supplier of goods to the United States.
Therefore,
The economic interdependence among nations is often measured by their openness.
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A bad financial decision is defined as a decision that ______ shareholder wealth.
The definition of a bad financial decision is one that reduces shareholder wealth.
Financing, investing, dividends, and working capital management are the main topics of financial decision-making. Making decisions enables the business to achieve its objectives by making the best use of the resources at hand. A company entity cannot last over the long run without achieving minimum financial performance requirements.
So, in a sense, financial management provides a conceptual and analytical framework for making financial decisions. Making investment decisions involves choosing how to divide up the company's capital amongst different assets. Investment choices can either be made for the long term or the short term. Decisions on capital budgeting are substantial long-term investments that can only be reversed with a hefty penalty.
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Using straight-line depreciation for financial reporting purposes and macrs for tax purposes creates:______.
The correct answer is Deferred tax liability.
The deferred tax obligation on a company's balance sheet represents taxes that are owed but won't be paid until a later date. The obligation is delayed because there is a lag between when the tax incurred and when it is scheduled to be paid.
Is deferred tax a burden or an asset?Deferred tax assets are items that appear on the balance sheet as a result of overpayments or early tax payments. The inverse of this is a deferred tax obligation, which reflects unpaid income taxes.
The balance sheet displays an obligation for deferred income tax. Deferred income tax is a type of liability that can be either current or long-term.
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In the 3rd quarter of 2015:____
a. intel had a revenue of 55.89 billion
b. amd had a operating margin of .30
In the 3rd quarter of 2015 intel had a revenue of 55.89 billion.
Intel revenue for the twelve months ending June 30, 2022 was once $73.394B, a 5.44% decline year-over-year.
Intel annual income for 2021 was $79.024B, a 1.49% expand from 2020. Intel annual revenue for 2020 used to be $77.867B, a 8.2% enlarge from 2019. Intel annual income for 2019 was once $71.965B, a 1.58% expand from 2018.
Is Intel in the boom stage?Despite the snags of late, Intel has a file of properly sales increase and consistently high quality earnings. That's the mark of a classic-growth firm. Don't assume them to develop sales with the aid of double digits each and every year, however do anticipate them to generate stable profits--and perhaps even pay out a desirable dividend.
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The law of supply states that when prices rise, more of the good will be supplied; conversely, if prices fall, less of the good will be produced.
What name is given to the area of the United States that rapidly deindustrialized starting in the 1970s?The word "rust" describes how these areas have been affected by deindustrialization, economic collapse, population loss, and urban deterioration as a result of the demise of the once-dominant industrial sector, particularly including steelmaking, automotive manufacture, and coal mining.
A technical advancement that reduces the product's marginal cost of production will boost the amount of goods available on the market.
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Which statement best describes the relationship between price and quantity supplied? a When prices increase, quantity supplied increases.b When prices increase, quantity supplied stays the same. cWhen prices decrease, quantity supplied increases. d When prices decrease, quantity supplied stays the same.
A is the option that offers the most accurate description of the connection between the selling price and the total amount.
When prices go higher, there is a corresponding rise in the amount that is provided.
When prices increase, the quantity supplied increases. Option A
What does the price mean?This is a reference to the value that is affixed to a certain good or service, which is the amount that it may be bought or acquired for.
As a result, we can see that based on the economic principle of price and quantities supplied, we can make the observation that when prices increase, the quantity supplied increases, and this is because of demand and supply.
In other words, when prices go up, there are more goods available for purchase.
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Economics such as poor nutrition during early childhood can negatively affect child's growth, and this effect maybe irreversible. this is an example of ___________________
The fact that the poor nutrition in early childhood can lead to negative effects on the child's growth and that this may be irreversible is an example of critical period in height growth.
When is the critical period in height growth?As a child grows, they will enter various stages in their young life. Some of those periods will be critical growth periods.
During these periods, the child's long term growth can be affected if they do not get the right nutrients. This early childhood period will require a child getting as much nutrients as possible so as not to skip this stage.
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After entering a transaction into the accounting equation, an increase in total assets can be accompanied by a(n) ______(increase/decrease) in total liabilities or equity.
After entering a transaction into the accounting equation, an increase in total assets can be accompanied by a(n) Increase (increase/decrease) in total liabilities or equity.
This is further explained below.
What is a transaction?Generally, A financial transaction is an agreement or communication between a buyer and a seller to trade products, services, or assets in return for payment.
This may take the form of either spoken or written language.
Any kind of commercial transaction will always result in a shift in the respective financial situations of the parties involved, whether they be people, corporations, or both.
In the world of finance, equity refers to ownership of assets, which may or may not be accompanied by debts or other obligations.
For the purposes of accounting, equity is determined by deducting the value of the liabilities from the value of the assets.
In conclusion, An increase in total assets may be followed by a (n) rise in total liabilities or equity after putting a transaction into the accounting equation.
This may be the case depending on the direction of the transaction.
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American companies can easily do business with chinese companies. this is phenomenon is called ________.
American companies can easily do business with chinese companies. This phenomenon is called Globalization.
Globalization refers to the business operate in multiple countries. it increase the flow of goods and services, skills throughout the world.
It is very beneficial as :
1 . It increases the exchange of foreign currencies.
2. It improves the balance of trade of the country.
3. It creates employment opportunities.
4. It helps in improving living standard of the people.
5. It will help in access the new market.
Challenges of Globalization:
It results in loss of culture identity , there will be difficulties in immigration of the employees, foreign workers get exploited as there demand will decrease.
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What percentage of a person's effectiveness in a leadership role is due to heredity?
30% Percentage of a person's effectiveness in a leadership role is due to heredity.
A leader can play various roles, and a firm will benefit more if they do so. Employees will be motivated to perform better, complete their goals, and even acquire leadership skills when they observe effective leaders in action.
Obtaining cooperation at the highest level is crucial for the creation of plans and policies. It is necessary for the interpretation and execution of plans and programs created by the top management at the medium and lower level. When plans are being carried out, leadership can be demonstrated by advising and guiding subordinates.
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The document that an advertising agency's creative department uses to guide the development of advertising ideas and concepts is known as the?
The document that an advertising agency's creative department uses to guide the development of advertising ideas and concepts is known as the Creative brief
What is Advertising Agency's?
Similar to a tailor is an advertising agency. It develops the advertising, arranges for their distribution in terms of when, where, and how, then gives them to the client. Most advertising agencies are independent of any institutions. To sell the clients' products, these agencies put in all of their effort. They employ a team of specialists in their specialised industries, assisting businesses or organisations in quickly and easily reaching their target audience. William Taylor opened the first advertising agency in 1786. James "Jem" White opened the second in London in 1800, and Reynell & Son opened the third in 1812.
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If william earns a 10 percent return and kate earns a 7 percent return on investments with the same risk, the additional 3 percent return on william's investment is a(n) _____.
If william earns a 10 percent return and kate earns a 7 percent return on investments with the same risk, the additional 3 percent return on william's investment is a the sum of the long-term growth rate of real economic output.
The Value of Economic ProductionMonitoring economic output is crucial to figuring out whether a country's economy is producing more or less. It is a crucial measure of whether a country's economy is expanding or lagging behind expectations. Economic output can be compared across time periods to determine how well a nation is doing.
Comparing the outputs of various countries can be done using economic output. To compete in the sphere of international economics, this is possible, and evaluating output is a technique to determine whether a country needs to develop ways to create more or pace out its production. Nations can work together more effectively by measuring each other's production.
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Y3k, incorporated, has sales of $4,600, total assets of $3,385, and a debt-equity ratio of 1.10. if its return on equity is 19 percent, what its net income?
If its return on equity is 19 percent, the Y3k, incorporated Net income is 1,611.90
What exactly is Net Income?
Net income (NI), also known as net earnings, is calculated by subtracting sales from the cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses. This metric can be used by investors to measure how much a company's revenue exceeds its costs. This metric, which may be found on the income statement, is a measure of a company's profitability.
Net income is used by businesses to calculate earnings per share. Net income is sometimes referred to as the bottom line by business analysts since it shows at the bottom of the income statement.
Total sales of the firm is $4,600
Total assets of the firm is $3,385
Debt-Equity ratio is 1.10
Return Equity (ROE) of the firm is 19%
Equity Multiplier = (Total Assets/Total Equity)
= (Total debt. + Total equity/Total equity)
= 1 + Debt-equity ratio
= 1 + 1.10
= 2.10
Equity Multiplier of the firm is 2.10
Total equity = Total assets/Equity Multiplier
= 3,385/2.10 = 1,611.90
So, the net income is 1,611.90
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When a company such as staples provides a loyal customer with a relevant coupon, based on previous purchases through his or her mobile phone, while the customer is in the store, this is an example of?
When a company such as staples provides a loyal customer with a relevant coupon, based on previous purchases through his or her mobile phone, while the customer is in the store, this is an example of utilize the product or service.
How Do Coupons Function?
A coupon, also known as a coupon payment, is the annual interest rate that is paid on a bond from the date of issuance until maturity and is expressed as a percentage of the face value. The coupon rate is typically used to refer to coupons (the sum of coupons paid in a year divided by the face value of the bond in question).
It is sometimes referred to as a "coupon rate," "coupon percent rate," and a "nominal yield."
URGENT COUPON
A relevant coupon with regard to the calculation is an amount (which may be positive or negative) expressed as a percentage and determined by the calculation agent to be equal to the quotient of the following
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When interest rates in the market fall, bond values will increase because the present value of the bond's remaining cash flows ____.
When interest rates in the market fall, bond values will increase because the present value of the bond's remaining cash flows will increase.
What is the effect of a decrease in interest rate on present value?A bond is a debt instrument used by firms to raise capital for their daily operations. Bondholders are paid interest based on the interest rate.
Present value is the sum of discounted cash flows. The bond is usually discounted using the interest rate. There is a negative relationship between interest rate and the present value of bonds.
Assume that a bond would pay 1000 in 5 years. The interest rate is 10%.
The present value of the bond : 1000 / (1.1^5) = 620.92
Assume now that interest rate is now 2%, the present value would be:
1000 / (1.1^2) = 826.45
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Stock prices are:____.
a. determined by market transactions.
b. set by the company issuing the stock.
c. unrelated to the value of the company issuing the stock.
d. set by the central bank.
Stock prices are determined by market transactions.
What are stock prices?A company's share price is decided by market forces such as supply and demand after its shares begin trading on a stock exchange. The price will rise if there is a significant demand for its shares because of advantageous circumstances.
The most accurate way to determine a security's present value is to look at its current price, which is the most recent selling price of any stock, currency, good, or precious metal that is traded on an exchange.
A company's market capitalisation and, by extension, its market value are impacted by changes in share prices. A company's market value increases with rising share prices and vice versa.
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How does an increase in the price of laptop memory chips affect the market of laptops if memory chips are inputs in laptops?
If memory chips are inputs in laptops, a price increase for those memory chips will have an impact on the market for laptops by shifting the supply curve for laptops to the left.
What Exactly Is A Memory Chip?
An integrated circuit that can store data or be used to process code is known as a memory chip. It is made up of millions of capacitors and transistors. Random access memory (RAM) and read-only memory are two different types of memory that can be stored on memory chips (ROM). A processor may read but not modify the data that is permanently stored in read-only memory.
Different shapes and sizes of memory chips are available. While some can be linked directly, others require unique drives. Memory chips are crucial parts of computers and other electronic devices where memory storage plays a significant role.
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The additional benefits that arise by using an additional unit of the managerial control variable is defined as the:________
The term "Total benefit" refers to the additional advantages brought about by applying an additional unit of the managerial control variable.
The benefit paid under the Salaried Pension Plan and the Executive Plan to a Participant (or surviving spouse in the event of a Participant's death) is referred to as the Total Benefit. The annual pension amount equal to 65% of the participant's Final Average Pay multiplied by the Accrual Fraction as of the Date of Determination, payable to the participant in the Normal Form of Benefit and beginning as of the Date of Determination, is referred to as the Total Benefit. The Total Benefit, however, must always exceed the Minimum Benefit as of the Date of Determination.
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Competition among sellers and government diffuses economic power within the economic units that make up an economy. True or false
The answer is false. Economic power is dispersed throughout the economic units that comprise an economy via competition between retailers and the government.
By market economy, what do you mean?Economic power is dispersed throughout the economic units that make up an economy via competition between retailers and the government. False or true
Supply and demand, two economic factors, govern the creation of goods and services in a market economy. Market economies are built on free transaction and are not governed by a central authority (such as a government).
Since the pricing in a capitalist sort of economy is set by market forces, rather than by government involvement, the word "capitalist economy" is a good alternative to "market economy."
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As a form four student studying commerce subject you are required to give knowledge to your community as to why it is important for them to pay tax. (Five (5) points) SECTION C: (30 Marks) Answer two (2) questions from this section. An insurance company has received an application from WBC CO. LTD requesting for insurance cover for their electronics équipment against the risk of fire. Explain five (5) factors the Insurance should consider in deciding whether to provide the insurance cover or not. Identify six (6) methods used by the government of Tanzania to protect the local industries for the growth of the economy of Tanzania. You are the one who studied marketing and someone wants to start a business. Advise him/her five (5) necessary conditions he/she should consider before initiating a busines
Paying taxes is important because it generates revenue for the government, which is then used to build and support socialized services and develop infrastructure for citizens.
When Choosing an Insurance Company, Consider These Five Factors
Reputation of the CompanyPriceLegal AccreditationFinancial StabilityCustomer ServiceStarting a Small Business
Refine your concept.Make a business plan.Examine your financial situationChoose your legal business structure.Register with the government and the Internal Revenue Service.Purchase a policy of insuranceCreate your team.Select your vendorsAdvertise and brand yourselfExpand your company.Learn more about Small Business here:
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Airline revenue per passenger mile and hotel revenue per full-time employee are examples of _____ measures.
Airline revenue per passenger mile and hotel revenue per full-time employee are examples of productivity measures
A productivity measures are values or metrics that allow to carry out a control and follow-up of the fulfillment of the activities in a company. This helps to improve processes by detecting where there are delays in the execution of planned activities.
What is productivity?Productivity is an indicator that expresses the amount of activities, products or services that have been completed or produced in a given time.
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What financial reporting aspect helps investors and creditors assess the risks associated with liabilities that require expenditures of cash or other assets in the near term?
Classification as current or long-term helps investors and creditors assess the risks associated with liabilities that require expenditures of cash or other assets in the near term.
A liability is something a person or organization owes, typically an amount of money. Liabilities are settled over the years via the switch of economic benefits such as cash, goods, or services.
Legal responsibility is a legally binding obligation payable to another entity. Liabilities are incurred on the way to fund the continuing sports of a business. Examples of liabilities are money owed payable, amassed expenses, wages payable, and taxes payable.
Each is indexed on a company's balance sheet, an economic declaration that indicates a agency's financial fitness. belongings minus liabilities equal fairness, or an owner's internet really worth.
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It is important for a good economic model to predict cause and effect so that it can?
The ability to forecast cause and effect is crucial for a solid economic model since it enables it to both explain past events and foresee potential future ones.
A model of the economy's importance
Its main goal is to describe and examine the prices and volume sold in a market that is competitive. In relation to price and other factors, the equations of the model define the level of supply and demand (for example, income).
What conclusions do economic models draw?
A simplified representation of reality, an economic model enables us to observe, comprehend, and forecast economic phenomena. A model's goal is to simplify a complex, real-world scenario so that only the most important elements remain.
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The system that keeps track of the results of each of the three business activities is called a(n) ________ system.
The system that keeps track of the results of each of the three business activities is called an Accounting Information System.
Accounting Information System: For the benefit of accountants, consultants, business analysts, managers, chief financial officers (CFOs), auditors, regulators, and tax agencies, a company employs an accounting information system (AIS) to gather, store, manage, process, retrieve, and report its financial data.
There are three types of Accounting Information Systems:
1) Manual,
2)Legacy and
3)Modern/Integrated systems.
The system that keeps track of the results of each of the three business activities is called an Accounting Information System.
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In the prs country composite risk ratings, a score of ______ represents the least risky and a score of _____ represents the most risky.
In the prs country composite risk ratings, a score of 100 represents the least risky and a score of 0 represents the most risky.
The term "risk rating" refers to the categorization of risks and their effects on the business in terms of reputational or financial harm to a company or industry. Due to the fast-paced business environment, organizations should think about performing at least a yearly risk rating review. Identifying and analyzing potential events that could harm people, property, and/or the environment, as well as making decisions "on the tolerability of the risk on the basis of a risk analysis" while taking influencing factors into account, are all parts of a risk assessment. Risk levels can range from low to high. Based on the ranking of the risk's likelihood and impact, each enterprise risk has a corresponding risk level. The basis for setting priorities and taking action is the level of risk.
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Adidas group owns reebok, rockport, and taylormade brands. having a variety of brands allows adidas to?
Adidas Group owns Reebok, Rockport, and TaylorMade brands. Adidas uses different brands, and having a variety of brands allows Adidas to
differentiated targeting.
What is differentiated targeting?
When a corporation decides to offer distinct products to each target market category, it uses a differentiated marketing approach. Additionally known as multisegment marketing. The corporation targets each category differently since each one receives special rewards.
Profitability is increased by using a targeted strategy that is differentiated. The business is able to secure the backing of the greatest number of customers.
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