When machinery that was previously purchased on credit is paid for, both liabilities and assets on the balance sheet increase by the same amount.
A balance sheet, also referred to as a statement of financial position or a statement of financial condition in financial accounting, is an overview of the financial standing of an individual or organization, including a sole proprietorship, a business partnership, a corporation, a private limited company, or other entities like the government or not-for-profit organizations.
A balance sheet is frequently referred to as a "snapshot of a company's financial condition". Of the four fundamental financial statements, the balance sheet is the only one that only relates to a certain moment in a company's fiscal year.
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If the accounts receivable ending balance is greater than its beginning balance, then its debits were ______ than its credits during the period.
If the accounts receivable ending balance is greater than its beginning balance, then its debits were greater than its credits during the period.
What is accounts receivable?Accounts receivable is a balance sheet account that is used to record services rendered or goods sold for which payment have not be made for them.
Accounts receivable is an asset for the company due to the fact that it is a legal obligation for payment to be made for services rendered. Accounts receivable is also considered to be a liquid asset.
When payments are received for services rendered or goods sold. the amount is subtracted from the accounts receivable account. When ending balance of the accounts receivable is greater than the beginning balance, it means that there is an increase in the amount of outstanding payments.
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Consumer goods producers tried to avoid the destructive forces of competition by forming loose affiliations with their rivals, a process known as:_________
Consumer goods producers tried to avoid the destructive forces of competition by forming loose affiliations with their rivals, a process known as horizontal combination
What is horizontal combination?
Acquisition of a company that produces or provides comparable goods or services and operates at the same level of the value chain as the target company is known as horizontal integration. As opposed to vertical integration, which involves businesses expanding into activities upstream or downstream that are at various stages of production,
Horizontal integration is a business technique that can help companies grow their market or enter new markets, strengthen market power over distributors and suppliers, improve product differentiation, and provide economies of scale. Two companies may be able to generate more income through a merger than they could have done separately.
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If a solution contains equal amounts of hydronium ions and hydroxide ions, then it is:_______
If a solution contains equal amounts of hydronium ions and hydroxide ions, then it is neutral
What is Neutral?
Salts that have no charge and display neither acidic nor alkaline properties. having no charge in terms of physics. (of an atom, molecule, group of particles, fluid, or solid) not electrified; electroneutral; lacking any net charge.
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The difference between a company's assets and its liabilities, or net assets is: multiple choice expense. revenue. net income. net loss. equity.
The difference between a company's assets and its liabilities, or net assets is: Equity.
Equity, also known as shareholders' equity or owners' equity for privately held businesses, is the sum of money that would remain in the hands of a company's shareholders in the event that all of its assets were sold off and its liabilities were fully settled. It is the worth of company sales less any obligations owing by the company that were not transferred with the sale in the case of an acquisition.Additionally, a company's book value may be represented through shareholder equity. Equity may occasionally be given in exchange for cash. Additionally, it symbolizes the proportionate ownership of a company's shares.One of the most frequently used pieces of information used by analysts to evaluate companies is equity, which can be found on a company's balance sheet.The value that would be restored to a company's shareholders if all of its assets were sold and all of its obligations were settled is known as equity.We can also think of equity as a degree of residual ownership in a corporation or asset after deducting all debts linked with that asset.On a company's balance sheet, equity is the ownership interest of the shareholders. When calculating numerous important financial ratios, including ROE, equity is calculated as total assets minus total liabilities for a corporation.Another meaning of the word The value that would be restored to a company's shareholders if all of its assets were sold and all of its obligations were settled is known as equity.We can also think of equity as a degree of residual ownership in a corporation or asset after deducting all debts linked with that asset.On a company's balance sheet, equity is the ownership interest of the shareholders. When calculating numerous important financial ratios, including ROE, equity is calculated as total assets minus total liabilities for a corporation.Another meaning of the word equity is "the worth of a homeowner's property (net of debt)". equity is "the worth of a homeowner's property (net of debt)".To learn more about equity visit:https://brainly.com/question/1957305
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If nominal gdp in 2006 for the united states was $13,377.2 billion and real gdp in 2006 (using 2005 as the base year) was $12,958.5 billion, how much inflation was there between 2005 and 2006?
$13,377.2 billion ÷ $12,958.5 billion) × 100 = 103.2 the importance of the GDP deflator between 2005 and 2006.
How do you find real GDP from nominal GDP and inflation?In general, calculating real GDP is accomplished by separating nominal GDP from the GDP deflator (R). For example, if an economy's prices have risen by 1% since the base year, the deflating digit is 1.01. If nominal GDP was $1 million, then actual GDP is estimated as $1,000,000 / 1.01, or $990,099.
Nominal GDP is derived by bearing the current year's quantity output by the current market cost.
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To evaluate the effectiveness or performance of a marketing strategy, firms typically use:_________
a. a mission statement.
b. customer surveys.
c. marketing metrics.
d. brainstorming.
e. a swot analysis.
To evaluate the effectiveness or performance of a marketing strategy, firms typically use a swot analysis. Thus, option D is correct.
What is Marketing?Marketing is the process of getting people to purchase a company's good or service. They use a variety of ways to draw customers in and make them aware of their goods.
SWOT analysis can be defined as the strategic planning or technique in the same fitness opportunities and the threat which are related to the business is being analyzed and the actions being taken with regard to that
Therefore, option D is the correct option.
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QUESTION 8 of 10: What is a focus group?
what's a focus group, well it's a group that focus
Khalil is offered a free ticket to the opera. his opportunity cost of going to the opera is:_________
Regardless of what Khalil would have done if he had not attended the opera.
What is the opportunity cost?Opportunity cost is the expense associated with the advantage that a person forgoes while choosing one option over another.
We frequently have a variety of options from which to choose. We overlook the others once we've made our decision. The gain overlooked by choosing one alternative over another is known as the opportunity cost.
If Khali attends the opera in this situation, he undoubtedly misses what he would have done at that time. He might have made some money as well because time has other uses.
The opportunity cost of going to the opera in this instance is therefore whatever he would have done concurrently.
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What informational handout should the listing agent provide the seller before a seller signs a listing agreement with the agent?
The listing agent should provide 'disclosure regarding the real estate agency's relationship' with the seller before a seller signs a listing agreement with the agent.
What is a Listing agreement?Between a property owner and a real estate broker, a listing agreement serves as an employment contract. It enables the broker to represent the seller and locate a buyer for the property under their terms.
In essence, a listing agreement authorizes your real estate agent to find a buyer for your house. The kind of commission your real estate agent will get when the sale is complete is also described.
With the use of a listing agreement, your real estate agent is able to speak on your behalf to prospective purchasers. It specifies that only this person has the authority to oversee the property's listing and sale as a real estate agent. This agreement is what formally launches the home selling process.
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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/assets) .
After entering a transaction into the accounting equation, an increase in total assets can be accompanied by increase in total liabilities or equity.
What is accounting equation?The accounting equation can be described as the formula which help in showing the sum of a company's liabilities as well as the shareholders' equity and how they can be equated to total assets.
Therefore, in this case, After entering a transaction into the accounting equation, an increase in total assets can be accompanied by increase in total liabilities or equity.
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In may, xyz company sold $400,000 worth of goods to customers on credit. in june, $80,000 was collected and in september, $320,000 was collected. how would the accounting equation be affected in june?
It purchased $80,000 of merchandise on account and collected $50,000 on account from its customers. As a result, the company's total assets would be $680,000.
The Operation of the Expanded Accounting EquationAnalysts may seek a deeper comprehension of the shareholders' equity structure of a company. Stockholders' equity is expanded into the following components in addition to the assets and liabilities that are included in the basic accounting equation:
Capital contributed: This is the money that the founding stockholders gave (also known as paid-in capital).
Beginning retained earnings: Retained earnings are the profits from the prior period that were not distributed to the stockholders.
Revenue is what the business generates as it continues to operate.
Expenses: These are the costs associated with keeping the firm operating.
Dividends: Since these are earnings that are given to the company's stockholders as dividends, they are deducted from the total.
Capital contributions and dividend payments indicate the results of interactions with stockholders.
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When backed by buying power, wants become needs.
a. true
b. false
False. A “need” is a service or a product that will satisfy the basic requirements of the consumers in a market. A “want” is a request that is directed towards a specific product/service.
A “demand” can be e require defined as some specific product or service which the buyer is willing to buy and has the purchasing power/buying power to pay for.
When backed by buying power, “wants” may become “demands” but they do not become “needs”. Demand can be defined as a human want that is also backed by buying power. A demand may include a basic necessity (such as food) or may also include a luxury item (like an expensive automobile or car). In the latter case, the “want” is a demand but it is not a need or necessity.
Therefore, when a consumer wants something, it may not become his/her need even when it has the buying power to purchase. Buying power is the capacity of a consumer to purchase a service or a product. It can also be defined as the amount of money that a group or a person has available for making an expenditure or a purchase.
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The common element of the nation's answers to those key economic questions has been?
The common element of the nation's answers to those key economic questions has been a centralized authority assuming responsibility for addressing them.
Economics can be defined as the study of how individuals, businesses and governments make choices in allocating resources to meet their needs. These groups determine how resources are and how they are organized and coordinated to achieve maximum results. They are mostly concerned with the production, distribution and consumption of goods and services.
The economy is divided into two important parts, namely: Macroeconomics & Microeconomics
Microeconomics can be defined as the study of decisions made by people and businesses regarding the allocation of resources and the prices of goods and services.Macroeconomics can be defined as a branch of economics that describes a substantial pictureYou can learn more about Economics here brainly.com/question/28208676
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Current market prices reflect all information contained in past price movements. this statement is consistent with: ______
a) strong form efficiency
b) semistrong form efficiency
c) weak form efficiency
Current market prices reflect all information contained in past price movements. this statement is consistent with weak form efficiency
Market efficiency is the degree to which current prices accurately represent all pertinent and available information regarding the true worth of the underlying assets. Since all information that is available to traders is already factored into the market price, a truly efficient market makes it impossible to outperform the market.
Market efficiency states that prices reflect all information at any one time about a specific stock or market. An informationally efficient market is one in which the current price of a stock has taken into account all available information about that stock.
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A restaurant's rent is scheduled to increase by 7.1% next year. If the current monthly rent is $2,780, the new rent will be:________
a. $2,613
b. $2,945
c. $2,919
The new rent will be $2,977
Given, The rent for a restaurant is expected to rise by 7.1% in 2019 and the if the existing rate is $2,780 per month.
$2,780 + 7.1% (197.38)
$2780 +0.071 x 197.38
= $2,977
In simple words , "rent" can be defined as the portion of the produce that is is paid to the landowner in exchange for using his products and services. But rent has occasionally been defined differently in economics. Rent thus only relates to making payments for production elements with an inelastic supply. For instance, it is the cost associated with using land.
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When an underlying policy doesn't cover a particular loss, the umbrella will drop down and cover the entire loss, after payment by the insured of a? a copayment b premium c commission
The umbrella will drop down and cover the entire loss, after payment by the insured of a Retention.
A retention is a sum paid by the insured before the insurer's duty to pay kicks in, much like a deductible.
How Umbrella Insurance Works?Although the likelihood that you will lose a case for a sum greater than what your current insurance will cover is remote, you run the risk of losing all of your money if it ever happens. The goal of umbrella insurance is to prevent you from ever experiencing that nightmare. We'll examine this additional liability coverage in more detail below, including how an umbrella policy functions, who needs one, how much it costs, and what it won't cover.
A type of personal liability insurance known as umbrella insurance covers claims that go over and beyond the limits of a typical homeowner's, auto, or watercraft policy.
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Multiple choice question which entity does not market to the other entity?
a. businesses to customers
b. customers to businesses
c. wholesalers to retailers
d. manufacturers to retailers
The entity that does not market to the other entity is: b. customers to businesses.
Who is a customer?A customer can be defined as someone that buy goods and service from a company, wholesalers or retailers.
A businesses to customers, a wholesalers to retailers and manufacturers to retailers are the three business entity than can tend to market to other entity.
Customer to businesses can not market to the other entity because they are the buyers.
Therefore the entity that does not market to the other entity is: b. customers to businesses.
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Valley markets has an inventory turnover of 3.2 and a capital intensity ratio of 1.9. what are the days in inventory for valley markets?
The days in inventory for valley markets is 114
How to calculate the days in inventory for valley markets ?Inventory can be described as a list of available materials that a business has in stock within a paticular or specified period of time. Inventory help businesses to know the number of goods that are available to customers.
Valley markets has an inventory turnover of 3.2
The capital intensity ratio is 1.9
There are 365 days in a year, the days in inventory for valley markets can be calculated by dividing 365 by the inventory turnover which is 3.2
= 365/3.2
= 114
Hence the days in inventory for valley markets is 114
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In 500 words, describe three different financial decisions and their opportunity costs.
The three various financial choices and their associated opportunity costs consist of:
a) Sacrificing pleasure and opting for study rather than going out to clubs and parties.
b) Deciding against eating quick food since it requires more energy to prepare.
c) Opting for local clothing instead of imported items to save money and quality.
What is opportunity cost?Opportunity cost is the term used to describe decisions that are taken at the price of another and typically involve aspects that are given up.
The value or advantage forfeited by engaging in a certain activity in comparison to engaging in a different activity is known as the opportunity cost in microeconomic theory. Simply defined, it implies that you lose out on the opportunity to engage in another activity if you pick one.
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When a firm sells its commercial paper at a ____ price than projected, its cost of raising funds will be ____ than what it initially anticipated
When a firm sells its commercial paper at a higher/lower price than projected, its cost of raising funds will be higher/lower than what it initially anticipated.
Why do firms sell their commercial papers?When commercial paper matures, it pays its face value and the holder receives the capital gain instead of interest. It is sold at a discount. In most cases, businesses "roll over" unresolved concerns by selling new paper to settle maturing paper.
Commercial paper is similar to an IOU from the standpoint of the issuer, or borrowing firm. The issuer outlines a commitment to pay a sum—say let's $1,000—in a few weeks in exchange for a current advance of, say, $995. Naturally, no one will take the IOU unless the issuer is extremely creditworthy because no collateral is supplied. In order to raise the money needed to repay the initial lender when the IOU is due, the issuer then issues a new IOU, maybe to a different party.
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Factors of production are? scarce in every society. scarce only in advanced countries. scarce only in the poorest countries of the world. unlimited in quantity.
Factors of production are scarce in every society.
What are the factors of production?Factors of production are the resources that are used in the production of goods and services. Factors of production are scarce and this is why it is important to use them in the activities that would maximise their use.
There are four factors of production in economics. They include - land, labor, capital and entrepreneurship.
Land includes all the natural resources that are used to produce goods and services e.g. gold mine. Labor is the human effort that is exerted in the production of goods and services. Capital includes machinery and man made resources used in production. An entrepreneur is a person who combines the other factors of production together
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What is another name for a back door that was accidentally left in a product by the manufacturer?
A maintenance hook is another name for a back door that was accidentally left in a product by the manufacturer.
A manufacturer is someone or employer that produces finished goods from uncooked substances through the usage of diverse gear, equipment, and processes, and then sells the goods to purchasers, wholesalers, distributors, retailers, or to different manufacturers for the manufacturing of extra complicated goods.
A manufacturer is any business that produces completed items from raw substances. They promote those items to consumers, wholesalers, distributors, shops, and different manufacturers trying to create greater complicated gadgets. producers usually stick with one sort of product.
Definition of a manufacturer is a business or person that produces items. The enterprise that makes a selected brand of shoes is an example of the manufacturer of the sneakers
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As of december 31, $400 of revenues related to goods or services provided during the period were not collected nor recorded. what adjusting entry is necessary at the end of the period?
In Receivable account relation to products or services delivered during the period, $400 in revenues were not collected nor recognized as of December 31. If an adjusting entry is required at the end of the quarter, should the Service Revenue account be increased by $400 as well as the Accounts Receivable account by $400.
The amount of money owed to a business for delivered or used but unpaid goods or services is known as Receivable account. The balance sheet classifies accounts receivable as a current asset. Any money owing by clients for purchases done using credit is known as Receivable account.
Receivable account is the term used to describe any unpaid invoices or cash that customers owe a business. The term describes accounts that a company is entitled to since it has provided a good or service. Accounts receivable, also known as receivables, are a type of line of credit that a business extends to its customers, and its terms typically call for payments to be made within a short time frame. Usually, it varies from a few days to a fiscal or yearly year.
Because there is a legal need that the customer pay the debt, businesses include Receivable account as an asset on their balance sheets.
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What a tragedy that in the twilight of her life the unfortunate woman should be _______ of all her loved ones! *
What a tragedy that in the twilight of her life the unfortunate woman should be bereft of all her loved ones!
What is the inflammatory incident in Twilight?Twilight's Inciting Incident: Bella has already met Edward. This leads up to the inciting happening where Edward saves Bella from being killed in a parking lot. She gets her first glance of his powers and is set on her path of learning more about him.
Why is it named Twilight?
The word twilight was on a list of “words with atmosphere” that I sent her. Though these words were meant to be utilized in combination with something else, the word twilight stood out to both of us. We determined to try it out, and, after a little adjustment time, it began to work for both of us.
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(8446) what is the means by which the faa notifies aircraft owners and other interested persons of unsafe conditions and prescribes the condition under which the product may continue to be operated?
Air Worthiness Directives is the FAA notifies aircraft owners and other interested persons of unsafe conditions and prescribes the condition under which the product may continue to be operated.
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Which channel and medium combination takes longer to create and distribute but allows the sender to avoid immediate interactions?
Written channels and digital mediums take longer to create and distribute but allow the sender to avoid immediate interactions.
Memos, letters, emails, websites, notes, reports, telegrams, newsletters, and press releases are examples of written channels and communication. Oral communication can take place in various ways, such as in-person meetings, phone calls, voice mail, voice-over-IP conferences, and presentations.
Any media or communication platform that makes use of or permits the delivery of digital information or interactive features in any way is referred to as a "digital medium."
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Assume that a 4 percent increase in income across the economy produces an 8 percent increase in the quantity demanded of good x. the coefficient of income elasticity of demand is:________
Assume that a 4 percent increase in income across the economy produces an 8 percent increase in the quantity demanded of good x. the coefficient of income elasticity of demand is 2 , hence positive.
It is calculated as follows:
Percentage increase in quantity demanded = 8
Percentage increase in income = 4
Income elasticity of demand= Percentage change in quantity demanded/Percentage change in income .
= 8/4
= 2
When coefficient is positive it means it is a normal good.
Income elasticity of demand refers to the percentage change in quantity demanded due to percentage change in income.
It helps in predict the impact of business cycle on sale.
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Which career professional would work at a publishing company? radio mechanic fine artist musician prepress technician
Answer:
D
Explanation:
prepress technician
Edgn2022
An increase in business taxes causes a(n) ______ in supply and will ______ production costs.
Answer:
An increase in business taxes causes a lower in supply and will highly production costs
Strategic planning is a customer-facing business process.
a. true
b. false
It is true that Strategic planning is a customer-facing business process.
What is Strategic planning?Strategic planning can be described as the process that involves the act whereby organization's leaders help to define their vision for the future with respect to the goal of the business or the organization.
This is been done to identify their organization's goals as well as the objectives, however this planning process can include the establishment of the sequence in which those goals should be realized , hence It is true that Strategic planning is a customer-facing business process.
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