On june 1, pizza company paid $100 for advertisements to be run on june 1. pizza company's entry to record this payment will include a $100 Credit to cash and debit to advertising.
In double-entry accounting, debits and credits are entries made in account ledgers to record value changes brought on by company transactions. Each transaction transfers money from credited accounts to debited accounts. A debit entry in an account reflects a transfer of value to that account, and a credit entry represents a transfer out of that account.
In order to distinguish between debits and credits, an account book's transfer amounts are typically written in different columns. Alternatively, they can be written in a single column with the suffix "Dr" for debits or just writing them plain, and "Cr" for credits or a minus sign. Despite the minus sign, positive and negative numbers are not directly correlated with debits and credits.
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If demand for a good is inelastic, what would the demand curve for this good look like?
If demand for a good is inelastic, what would the demand curve for this good look like the Downward sloping and relatively steep.
Demand for good is said to be inelastic when there is less change in quantity demanded due to more change in price.
If there is 5% change in price of the good or services , there will be less than 5 % change in quantity demanded.
Perfectly inelastic demand refers to the no change in the quantity demanded due to change in price .
Perfectly inelastic demand curve will be vertical straight line parallel to y axis.
some examples are essential items such as medicines , it is essential for life, so consumer will buy no matter what the price is.
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What is the primary reason for u.s. government bond yields to ripple through the bond market?
The primary reason for U.S government bond yields to ripple through the bond market is because the government bonds form a large proportion of investor holdings and corporate bonds are often priced relative to corporate bonds.
What is the government bond?It refers to the debt security issued by a government to support the government spending and obligations. It can pay a periodic interest payments called coupon payments, issued by the national governments and considered low-risk investments since the issuing government backs them.
In the exchange market, the primary reason for U.S government bond yields to ripple through the bond market is because the government bonds form a large proportion of investor holdings and corporate bonds are often priced relative to corporate bonds.
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Science and technology are often blank______ because new advances in one may spawn new advances in the other.
Science and technology are often Tied together because new advances in one can give rise to new advances in the other.
Science and technology:
In order to promote science and technology in the nation, the Department of Science and Technology is essential. More information on scientific teaching, research and development can be found in this section. There are also details of policies, plans, documents and programs for academics, scientists, researchers, students and others.
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People with unsatisfied wants and needs who have both the ability and the willingness to buy are?
The market consists of those with unmet needs and wants who are able and willing to purchase things.
ABOUT MARKET
market, a system whereby commodities and services are exchanged as a result of the presence of buyers and sellers in contact with one another, either directly or through institutions or intermediary agents.
In the strictest sense, markets are locations where goods are bought and sold. The market, however, is no longer a physical location in the modern industrial system; rather, it has grown to encompass the entire geographic region in which vendors compete with one another for clients.
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The adjusting entry for a deferred revenue includes a debit to a(n)___ account and a credit to a(n)_____ account.
The adjusting entry for a deferred revenue includes a debit to a(n) Liability account and a credit to a(n) Revenue account.
What is Deferred revenue ?
On a company's balance sheet, deferred revenue is a liability that represents a prepayment made by customers for products or services that haven't yet been provided.As soon as the product or service is provided to the customer, deferred revenue is recognised as earned revenue on the income statement.The deferred revenue account is used in accordance with GAAP's conservative accounting principles.The business can owe its consumer money back if the good or service is not provided as expected.When a corporation receives an advance payment, deferred revenue is recorded as a liability on the balance sheet. This is so that it can fulfil its contractual commitment to provide the goods or services due to the client.To know more about Adjusting entries visit:
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Ending finished goods inventory selling expenses administrative expenses what is the gross profit?
Gross Profit = Revenue - Cost of Goods Sold is the formula for calculating gross profit.
What is Gross profit?Gross profit is the amount of money your company makes after paying its expenses. Your net profit is your earnings after all expenses have been paid. The money that remains after an organization has paid for the products and services it sold is known as gross profit. The amount that is left over after all costs and taxes have been paid is the company's net profit.
The profit a company makes after deducting all of the expenses involved to producing and offering its goods or services is known as gross profit. The cost of goods sold (COGS) is subtracted from your total sales to determine gross profit.
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Committee chairs and leadership positions in each house of congress are based on?
To The longest-serving committee members from the majority and minority parties are chosen as the chair and ranking members, respectively. This practice of choosing committee chairmen by seniority is not exclusive, however.
Leadership Roles in each house of congress:
1)The House's speaker.
2)Minority Leader.
3)Majority Leader.
4)Party leaders.
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The primary purpose of management is to ______; the primary function of leadership is to ______.
While producing change and movement is the main duty of leadership, maintaining order and consistency is the main goal of management.
Management must ensure that critical obligations are finished efficiently and efficiently (within the satisfactory way possible) (doing the right aspect). planning, organizing, main, and regulating are the 4 fundamental duties that managers must complete as a part of the management procedure. each manager performs planning as their essential management assignment. with out finishing a making plans function, the management can't accomplish another task.The act of motivating and directing a collection or an person to accomplish a task is called management.
Leaders encourage followers to do the stairs vital for fulfillment. gaining knowledge of and growing the applicable skills is vital to grow to be a outstanding chief.
Motivation and path the primary obligation of a pacesetter is to persuade and direct his team and inspire them to paintings hard to acquire the set targets. He must instill a experience of confidence and fervor some of the group individuals.
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Loren+already+knows+that+he+will+have+$500,000+when+he+retires.+if+he+sets+up+a+payout+annuity+for+30+years+in+an+account+paying+10%+interest,+how+much+could+the+annuity+provide+each+month?
The annuity provide each month to Loren is $221.19.
What is meant by annuity?An annuity is a set of payments that are made at regular intervals.
Regular savings account deposits, monthly mortgage loan payments, monthly insurance payments, and pension payments are all examples of annuities.
The frequency of payout dates distinguishes annuities.
Now, as per the question;
The formula for calculating the annuity is;
[tex]P_t=\frac{d\left[\left(1+\frac{s}{n}\right)^{n t}-1\right]}{\frac{s}{n}}[/tex]
where,
[tex]P_t[/tex] = is the account balance after t yearsd = regular deposit (the amount users deposit each year or month) r = annual interest rate in decimal form.n= number of compounding periods in a year.t = number of yearsLoren is confident that he'll have $500,000 when he retires.
= $500,000
He establishes a 30-year payout annuity in a 10%-paying account interest.
30 years = t
r = (10/100) = 0.1
Each month, the annuity could provide
n = 12
In the formula, replace the above values.
500,000 = d[( 1 + 0.1/12)³⁶⁰ - 1]/(10.1/12)
500,000 = d[(1.00833333)³⁶⁰ - 1]/0.00833333
500,000 = d [2260.487925]
Divide both sides by 2260.487925
d = $221.19
Therefore, the value of annuity provided each month is $221.19.
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The correct question is -
Loren already knows that he will have $500,000 when he retires. If he sets up a payout annuity for 30 years in an account paying 10% interest, how much could the annuity provide each month?
The body of law that governs oral and written agreements associated with the exchange of goods, services, money and property is known as ____ law. multiple choice question.
The body of law that governs oral and written agreements associated with the exchange of goods, services, money and property is known as contract law.
What is contract law?Contract law can be defined as a set of law that governs oral and written agreements between two or more parties with respect to the buying and selling of goods, services, debt, loans, property, etc.
What is a contract?A contract can be defined as a formally written agreement between two or more parties such as a group of people, team, etc., which primarily gives rise to a mutual legal obligation that is enforceable by law across specific jurisdiction in the world.
The types of contract.Generally speaking, there are different types of contract in business and these include the following:
Fixed-price contractCost-plus contractBilateral contractImplied contractUnilateral contractAdhesion contractUnconscionable contractOption contractExpress contractExecutory contractRead more on a contract law here: https://brainly.com/question/28180355
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Treasury stock should be reported in the financial statements of a corporation as a(n):_______
A corporation's financial statements must include a liability for treasury stock.
A liability is what?
A liability is an obligation that a person or business has, typically financial in nature. Over time, liabilities are resolved by the transmission of economic advantages like cash, products, or services.
Liabilities on the balance sheet's right side are represented by debts like as loans, accounts payable, mortgages, deferred revenue, bonds, warranties, and accumulated costs.
Assets can be contrasted with liabilities. Assets are items you own or owe money to, whereas liabilities are debts or other obligations.
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The united nations was established by _____ countries committed to preserving peace through economic cooperation and trade support.
The World Trade Organization (WTO) is a global organization with 164 members that regulates international trade. All significant trading economies are now included in the WTO as of Russia's entry in August 2012.
What goals are shared by the WTO and the IMF?A global institution with 190 member nations, the International Monetary Fund (IMF) aims to maintain the stability of the global financial and monetary system. The IMF's mandate includes assisting the growth of international trade in a balanced way, encouraging exchange rate stability, and giving nations the chance to resolve their balance of payments issues in an orderly fashion. In 1945, the IMF was created.
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Predict the charge on the predominant species of the peptide e−d−k−r−a−s−t at ph 5. 0.
The charges on the predominant species of the peptide e−d−k−r−a−s−t at ph 5. 0. is Zero (0)Charge
This is further explained below.
What is Charge?Generally, Charged material experiences a force when it is exposed to an electromagnetic field due to the physical characteristic of electric charge. You might have a positive or negative electric charge.
Unlike charges attract one another while similar charges repel one another.
In conclusion, At pH 5.0, the charges on the main species of the peptide edkrast are Zero (0)Charge.
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In a simple model of the supply and demand for pizza, when buyers' income increases, the price of pizza ______ and the quantity purchased ______.
In a simple model of the supply and demand for pizza, when buyers' income increases, the price of pizza Increases and the quantity purchased increases.
What is the Law Supply and Demand ?
Two fundamental economic theories are combined in the law of supply and demand to explain how changes in the price of a resource, good, or service impact its supply and demand.Supply grows as the price rises, but demand drops. In contrast, as the price falls, supply is constrained and demand is increased.According to the law of demand, demand for a good or resource will decrease as its price increases and increase as its price decreases.According to the law of supply, on the other hand, higher prices tend to increase an economic good's supply while lower ones tend to reduce it.The intersection of the supply and demand curves, which balances supply and demand, is a graphic representation of the market-clearing price.To know more about Supply and Demand visit :
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Scientific knowledge and techniques mainly borrowed from the industrialized west are primarily associated with the modernization subprocess of?
Scientific knowledge and techniques mainly borrowed from the industrialized west are primarily associated with the modernization subprocess, big man.
A generalized collection of laws and hypotheses developed using the scientific method and intended to explain a phenomenon or behavior of interest is referred to as scientific knowledge. Theories are methodical explanations of the underlying phenomenon or behavior, whereas laws are recognized patterns of occurrences or behaviors.
The simple element is that scientific knowledge is just "what you know." For example, you might comprehend how and why the water cycle functions, how a soundwave's height determines how loud it is, and how plants use sunlight to produce their food.
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When buying an existing business, it is important to:
Before buying a business, make sure to examine its past few years of financials records.
What does buying an existing business mean?Exactly what it sounds like, purchasing an existing company. Usually, the buyer gains complete control of the company. The biggest benefit is having a pre existing plan that can incorporate crucial elements like a developed client base, specified operating costs, and fully trained workers.
Why you should buy an existing business?There is less risk. Buying an established business is intrinsically less hazardous than establishing one from scratch because it already has goodwill, is operational, has clients and customers, personnel, systems, suppliers, financial history, a location or locations, and you might be able to convince the seller to finance it.
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To effectively segment a market, you should ensure that the segments are relatively blank______, at least in terms of prospective buyers' needs and response to marketing.
To effectively segment a market, you should ensure that the segments are relatively blank Homogeneous
Effective marketing :
Effective segmentation should be quantifiable , accessible, substantial, discriminable , and actionable. When a company has segmented their market accordingly, there is a higher chances that it will become more profitable and successful in the long run.
Who is a prospective purchaser ?
a prospective buyer is any prospective client party that could be a fit for the purchase of a company that is being marketed in a sell-side transaction. In the world of M&A, a prospective purchaser is one of the buyers that gets put on a prospective buying list.
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The main purpose of the aggregate plan is to specify the optimal combination of what? check all that apply.
The main purpose of the aggregate plan is to specify the optimal combination of Production rate ,Workforce level ,Inventory on hand.
What is Aggregate plan ?
A company can use demand prediction recommendations to conclude its business strategy. An organization can work backward from the ultimate sales unit to the raw materials needed once business strategies are finalized. As a result, requirements for labor, raw materials, working capital, etc. over a medium-term period are divided into annual and quarterly plans (6 months to 18 months). Aggregate planning is the process of determining the production needs for a medium-term.
In order for the company to achieve its long-term goals, aggregate planning is crucial. Planning for aggregates aids in:
Achieving financial objectives through a decrease in overall variable costs and an increase in profitabilityMost use of the production facility that is availableBy matching demand and cutting down on customer wait times, you may please your customers.Invest less in inventory restocking.Able to accomplish scheduling objectives, resulting in a contented and happy workforce.To know more about aggregate plan, visit
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Complete Question :-
The main purpose of the aggregate plan is to specify the optimal combination of what? Check all that apply.
Number of suppliersProduction rateNumber of sales representativesThe best product designWorkforce levelInventory on handThe portion of a long-term note that is due and payable within the next 12 months should be reported on the balance sheet as a?
The portion of a long-term note that is due and payable within the next 12 months should be reported on the balance sheet as a "current liability."
What is balance sheet?A balance sheet is a financial statement that shows a company's assets, liabilities, as well as shareholder equity at a given point in time.
Some key points related to balance sheet are-
Balance sheets serve as the foundation for calculating investor rates of return and assessing a company's capital structure.In a nutshell, a balance sheet is a financial statement that depicts what a company owns and owes as well as the amount of money invested by shareholders. Balance sheets can be used in conjunction with other main financial statements to perform fundamental analysis as well as calculate financial ratios. The balance sheet provides an overview of a company's finances at a given point in time. It cannot provide a sense of trends over a longer time period on its own.To know more about the balance sheet, here
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What is the average distance between civilizations if there are currently 1 million intelligent civilizations in our galaxy?
200 Light Years is the average distance between civilizations if there are currently 1 million intelligent civilizations in our galaxy.
LIGHT YEAR: The distance that light travels in one year is said to be a light year. At 186,000 miles (300,000 kilometers) per second and 5.88 trillion miles (9.46 trillion kilometers) per year, light travels through interstellar space.
200 Light Years is the average distance between civilizations if there are currently 1 million intelligent civilizations in our galaxy.
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A customer has a restricted margin account with $2,500 of sma. the customer wishes to buy $10,000 of a marginable listed stock. the customer must deposit?
If the customer wishes to buy $10,000 of a marginable listed stock. The customer must deposit $3,000.
Given,
Restricted margin account with $2,500 of SMA.
Marginable listed stock of $10,000
So here according to Regulation T requirements, when a customer wants to purchase marginable common stocks, a margin account must have a balance of at least 50% of targeted value of the marginal securities.
So as a result, the customer must deposit half of $10,000 in a margin account, which is $5,000. Thus, the margin account is already been constrained with $2,000.
So, the customer here needs the difference amount between the required balance, $5,000 and the actually restricted balance, $2,000 which is,
$5,000 - $2,000 = $3,000
Hence, in the margin account, the customer must deposit $3,000
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Why might incomes of $1 a day and $2 a day underestimate the value of the goods and services that these households actually consume?'
According to the Question, this is because of the following reasons.
Most households living on $1 or $2 a day produce and consume much of their own food and clothing.Low Income Countries
A sovereign state that is considered to be developing has a less developed industrial base and a lower Human Development Index than other nations. This term is not generally accepted, though. Furthermore, there is no consensus on which nations fall within this group.Is India a nation with a low income?India is now classified as a lower middle income country by the World Bank. In 2020, an Indian made $1,935 on average.To Learn more about Low Income Countries, Click the links.
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Correct Question - Poor India makes millionaires at fastest pace
India, with the world's largest population of poor people, also paradoxically created millionaires at the fastest pace in the world. Millionaires increased by 22.7 percent to 123,000. In contrast, the number of Indians living on less than a dollar a day is 350 million and those living on less than $2 a day is 700 million. In other words, there are 7,000 very poor Indians for every millionaire.
Why might incomes of $1 a day and $2 a day underestimate the value of the goods and services that these households actually consume?
How long did it take, on average, for credit customers to pay off their accounts during the past year?
28.88 days, on average, for credit customers to pay off their accounts during the past year.
Who is a customer?A customer is essentially the one who pays for the good or service; a consumer is a person who receives the good or service.
By using the formula for Days' sales in receivables
Days' sales in receivables = 365 days / Receivables turnover
Days' sales in receivables = 365 / 12.64
Days' sales in receivables = 28.88 days
Customers of the business settled outstanding balances in 28.88 days on average, as these are considered account receivables and will be paid in a short duration of time.
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The question is incomplete, the complete question will be:
Aguilera Corp. has a current accounts receivable balance of $332,875. Credit sales for the year just ended were $4,207,540.Receivables turnover = 12.64 times
How long did it take on average for credit customers to pay off their accounts during the past year?
Definition of cooperative society please need answers asap 20 points no bots
Answer:
A cooperative society is a voluntary association that started with the aim of the service of its members. It is a form of business where individuals belonging to the same class join their hands for the promotion of their common goals. These are generally formed by poor people or weaker sections of people in society. Likewise
Explanation:
Bakers are much likely to supply pastries to the market if property rights are enforced. True or false?.
It is false that bakers are much more likely to supply pastries to the market if property rights are enforced. Bakers are much more likely to supply pastries to the market if property rights are not enforced.
What are property rights?Property rights specify who legally and formally owns resources and how they may be used. These resources might be physical or intangible, and they can be owned by people, companies, or governments.
Private property rights, or the rights of private persons to amass, keep, delegate, rent, or sell their property, are typically exercised by individuals in various nations, including the United States.
The allocation of property rights in a community has an impact on the effectiveness of resource usage since in economics, property rights serve as the foundation for all market transactions. Individuals or small groups of people typically own property.
The use of patents and copyrights to protect the following can expand the rights of property ownership.
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Determine which of these fundamental factors is affecting the cost of money in the scenario described
Time preferences for consumption these fundamental factors is affecting the cost of money in the scenario .
What is the cost of money?
The cost of money indicate to the price paid for using the money, either borrowed or owned. Every sum of money used by corporations bears cost. The interest charge on debt capital and the dividends paid on ownership capital are examples of the cost of money.
What factors affect the cost of money and interest rates?
As they do for any other commodity, supply and demand influences the cost of money. Interest rates are determined by the supply of and demand for money. Inflation, is considered to the supply and demand forces on money.
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The responsibility for setting a company's mission, objectives, broad strategies, and policies primarily lies with its ________.
Typically, a corporation's financial department is in responsible of defining its mission, goals, overarching strategy, and policies.
The finance department of a corporation is in responsible of securing external funding for the organization, handling internal cash flow, and planning how money will be spent on various assets.
What is the financial accounting division?
The component of a business that manages duties including payroll, general ledger maintenance, bill payment, bill preparation, and financial statement preparation is referred to as the "accounting department." To put it another way, they are in charge of managing the business's overall financial front.
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When jake goes to work, he drives at an average speed of 60 miles per hour. It takes about 1 hour and 30 minutes for jake to get to work. His car travels about 25 miles per gallon of gas. If gas costs $3. 65 per gallon, approximately how much money does jake spend on gas to get to work?.
Jake spends $13.14 on gas to get to work.
Jake's car travels 25 miles for 1 gallon of gas.The cost for one gallon of gas is $3.65 per gallon.The total miles travelled is 60 miles/ hour * 1 hour 30 minutes.Total miles travelled = 60 * (1.5)Total miles travelled = 90 milesThe gas used for 25 miles is 1 gallonThe gas used for 90 miles is 90/25 = 3.6 gallon.The cost of gas is $3.65 per gallonThe cost of 3.6 gallon is 3.65 *3.65The cost of the gas used to get to work is $13.14.What is an Equation?
An equation is a mathematical announcement fashioned whilst expressions are equated the usage of an identical sign.
The equations are beneficial in willpower of unknown parameters.
The common speed of Jake while he goes to work is 60 miles/hour.
The time taken to attain to work is 1 hour 30 minutes.
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Which step is essential for decision-making in a diagnostic process? one, some, or all responses may be correct.
The step essential for decision-making in a diagnostic process Data clustering, Formulating the diagnosis, Identifying patient health problems.
Diagnosis is defined as the process of determining the cause of a patient's symptoms, illness, or injury, and the opinion reached based on that process. An example of a diagnosis is a doctor investigating the cause of a patient's back pain.
The main purpose of diagnostic tests is to identify the disease, its outlook, and how it spreads throughout the body. Diagnostic tests are widely used around the world, primarily to detect diseases, their prospects, and how they spread in the body.
Diagnostic tool for testing DirectX functionality and fixing video or sound related hardware problems.
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Accounting and finance is a primary activity in the value chain. group starts
a. true
b. false
