Accrued liabilities represent: expenses that have not yet been recognized on the income statement. The correct option B.
These are expenses that a company has incurred during a specific period but have not yet been recorded in the financial statements. Accrued liabilities are typically recorded in the accounting system to ensure that the company's financial statements are accurate and complete.
These liabilities may include items such as wages payable, interest payable, and taxes payable. It is essential for businesses to track and report these accrued liabilities, as they help provide a more accurate representation of a company's financial position and performance during a given period. The correct option B.
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Complete question:
Accrued liabilities represent: multiple choice
a. income that has not yet been recognized on the income statement.
b. expenses that have not yet been recognized on the income statement.
c. expenses that have been recognized on the income statement but not yet been paid.
d. income that has been recognized on the income statement but not yet collected
WILL GIVE BRAINLIEST
Select the correct answer from the drop-down menu.
Which type of college credit program does the statement describe?
In a(n) _______ program, students can get credit for their high school classes as long as they take specific courses that a college will accept as transfer credits at the college level.
options:
A. INTERNATIONAL BACCALAUREATE
B. ADVANCED PLACEMENT
C. DUAL CREDIT
D. ARTICULATED CREDIT
Answer:
D.
Explanation:
Articulated credit let's you get credit from high school and transfer it to college.
Answer:
Its B
Explanation:
got it right
Average Fixed Costs (AFC) is equal to A Average Total Cost (ATC) - Average Variable Cost (AVC). (в [Total Costs (TC) - Total Variable Costs (TVC)] / Quantity (Q). с Total Fixed Costs (TFC)/Quantity (Q). D all of the above. E none of the above.
The correct answer is: Average Fixed Costs (AFC) is equal to: C. Total Fixed Costs (TFC) / Quantity (Q).
Explanation: The answer is extracted by Average Fixed Costs (AFC) is equal to Average Total Cost (ATC) - Average Variable Cost (AVC), which can be calculated using the formula [Total Costs (TC) - Total Variable Costs (TVC)] / Quantity (Q). By using the above mentioned formula we can extract the answer.
Average Fixed Cost represents the fixed costs per unit of output, which can be calculated by dividing the Total Fixed Costs (TFC) by the total Quantity (Q) of output produced.
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Nonmarket stakeholders include which of these groups? (Check all that apply.)
Business groups
Creditors
Retailers
Communities
The Non-market stakeholders include Business groups and Communities come in the group of non-market.
The Non-market are the type of market or we can say the way of buying and selling the shares or products within the company. The products or services which are not selling or buying in the market place, it can be buy directly from the company.
The business groups are those groups who buys the stock from the another company not in the stock market or buy franchise in bulk. The purpose of non-market is to buy in bundle and get discounts as compared to the market price or current price.
The communities which come in the non-market stakeholder. The communities refers to the group of individual which agreed to buy the same things on the bundle of shares.
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The major difference between the information-based model and the content-based model is the
Answer:
The major difference between the information-based model and the content-based model is the way they make recommendations.
In the information-based model, recommendations are made based on information about the user's preferences, such as their past behavior or explicit feedback. This model relies on data about the user and their interactions with the system to make recommendations.
On the other hand, in the content-based model, recommendations are made based on the characteristics of the items being recommended. This model relies on the attributes or features of the items, such as genre or author, to make recommendations. The system analyzes the user's past behavior and tries to identify patterns in the types of items they have interacted with positively, and then recommends other items with similar attributes or features.
Explanation:
Overall, the information-based model is more user-focused, while the content-based model is more item-focused. Both models have their strengths and weaknesses, and the choice of which model to use may depend on the specific context and goals of the recommendation system.
Equipment was acquired at the beginning of the year at a cost of $29,500. The equipment was depreciated using the double-declining-balance method based on an estimated useful life of ten years and an estimated residual value of $570.
a. What was the depreciation for the first year?
b. Assuming the equipment was sold at the end of year 2 for $6,820, determine the gain or loss on the sale of the equipment.
c. Journalize the entry to record the sale. If an amount box does not require an entry, leave it blank
a. Depreciation for the first year is 5900
b. Loss on the sale of the equipment is 12060
c. Cash 6820
Accumulated Depreciation-Equipment 10620
Loss on sale of Equipment 12060
At the start of the year, equipment was purchased for $29,500. Using the double-declining-balance approach, the equipment's depreciation was calculated based on an assumed ten-year useful life and a $570 estimated residual value.
a.
Double-declining-balance rate 20% =1/10*2
Depreciation for the first year 5900 =29500*20%
b.
Depreciation for year 2 4720 =(29500-5900)*20%
Cost of Asset 29500
Less: Acccumulated Depreciation 10620 =5900+4720
Book value of asset 18880
Book value of asset 18880
Less: Sales value 6820
Loss on the sale of the equipment 12060 loss
c.
Cash 6820
Acccumulated Depreciation-Equipment 10620
Loss on sale of Equipment 12060
Equipment 29500
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Which promotional tool can be more effective when you are selling a complex product?
A. advertising
B. sales promotion
C. personal selling
D. public relations
Answer:
Personal selling
Explanation:
Personal selling is more flexible than other promotional tools such as advertising and sales promotion.
Explain the role of public relations in developing and maintaining a corporate image.
By overseeing communication and relationships between an organisation and its stakeholders, public relations plays a critical part in creating and sustaining a company image.
To influence the perception, reputation, and overall image of the business, strategic communication is used. To improve the public's view of the company, public relations experts take part in activities like media relations, crisis management, community involvement, and employee communications. Public relations contributes to the development of trust, credibility, and goodwill among stakeholders by clearly articulating the company's ideals, accomplishments, and social responsibility efforts. It helps build the company's brand, draw in clients, investors, and talent while minimising reputational hazards.
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B, A, C, B, B, A, A, B, C, C, B, A, B, B, B, A, C, A, A, B Which relative frequency table correctly displays the data? A 2-column table with 3 rows. Column 1 is labeled grade with entries A, B, C. Column 2 is labeled Relative Frequency (percentage) with entries 70, 90, 40. A 2-column table with 3 rows. Column 1 is labeled grade with entries A, B, C. Column 2 is labeled Relative Frequency (percentage) with entries 40, 40, 20. A 2-column table with 3 rows. Column 1 is labeled grade with entries A, B, C. Column 2 is labeled Relative Frequency (percentage) with entries 35, 45, 20.
Based on the given points, the relative frequency table that correctly displays the data is A 2-column table with 3 rows. Column 1 is labeled grade with entries A, B, C. Column 2 is labeled Relative Frequency (percentage) with entries 35, 45, 20.
What is the relative frequency?The total number of letters given is 20.
The number of As in this list are 7 As. Their relative frequency is:
= 7/20 x 100%
= 35%
The number of Bs. in the list are 9. The relative frequency is:
= 9/20 x 100%
= 45%
The number of Cs are 4 and their relative frequency is:
= 4/20 x 100.%
= 20%
In conclusion, the last table accurately shows the relative frequency.
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Answer:
The answer is C
Explanation:
I did it by adding 5 for every B's, A's, C's, and they make perfect sense
As you begin studying business law, you become overwhelmed by the sheer volume of laws that can affect business. You dive in and
begin the process of understanding where these laws come from; the first step in understanding how these laws apply to each other and
how they apply to your business.
You're looking at statutes that set out the penalties for forgery and learn that each state is free to make its own criminal laws that apply
just to that state. Which branch of government do you think creates statutes?
The branch of government that creates these statutes (business law) to regulate business practice is known as the Legislative branch.
What is a business law?This refers to those law that consists of the enforceable rules of conduct that govern commercial relationships.
Some examples of business law in the country sphere covers the area of employment Law, immigration Law, Consumer Goods Sales, Antitrust, Intellectual Property, Taxes etc.
The Legislative branch creates the business law to protect the consumers and regulate business activities.
In conclusion, the branch of government that creates these statutes (business law) to regulate business practice is known as the Legislative branch.
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Clare sells gourmet boxes of chocolates. One box of chocolates costs Nancy $6.75 to produce. She sells her boxes of chocolate for $10.00.
What is Clare's
return on investment (ROI)?
A.46%
B.45%
C.48%
D.47%
Based on the information given s Clare's return on investment (ROI) is: C.48%.
Return on investment (ROI)Using this formula
Return on investment (ROI)=Selling price-Cost of production/Selling price ×100
Where:
Selling price=$10
Cost of production=$6.75
Let plug in the formula
Return on investment (ROI)=10-6.75/6.75
Return on investment (ROI)=3.25/6.75×100
Return on investment (ROI)=48%
Inconclusion Clare's return on investment (ROI) is: C.48%.
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Answer:
48%
Explanation:
I took the quiz
The total amount of a product available in a market at a given price is called thea. count.b. demand.c. number.d. supply.
The correct answer to the question is "d. supply". Supply refers to the total amount of a particular product or service that is available in the market at a given price. It is the quantity of a good or service that producers are willing and able to sell at a particular price.
In the context of economics, supply is an essential concept that helps to determine the market equilibrium price and quantity. The law of supply states that the quantity supplied of a product increases as the price of the product increases, and vice versa, assuming that all other factors remain constant. To understand the supply of a product, we need to count the total quantity that is available in the market. This count is crucial because it helps to determine the price that suppliers can charge for their products. If the supply is limited, then the price is likely to be higher, as there will be more demand for the product than there is supply. On the other hand, if the supply is abundant, then the price is likely to be lower, as suppliers will need to compete with each other to sell their products. In addition to counting the total quantity of a product, it is also important to consider the number of producers in the market. The number of producers can affect the supply of a product, as more producers will usually lead to a higher supply. For example, if there are many farmers producing apples, then the supply of apples will be higher, and the price will be lower than if there were only a few farmers.
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12. The right to own a business is referred to as the right
Logo and website design are
examples of start-up costs.
True: Logo and website design are examples of start-up costs. Operating costs include payroll. Building improvements should be calculated into start-up costs.
Points which will benefit in business
Answer:
thanks ms girl :)))
Explanation:
:)))
Which is not true of birthday and/or annual review automatics?a. the purpose is to trigger a telephone call for a face-to-face meeting.b. quarterly automatic contacts decrease cross-sales and lead to reduced referrals.c. you are expected to stay in touch with all your active prospects and clients through two personal contacts each year?
Answer: b. Quarterly automatic contacts decrease cross-sales and lead to reduced referrals
Explanation:
During the annual review of business considering automatics it is observed that there is always a decrease in cross sales and these leads to a reduce in referrals.
When these happens, clients who raise offer for referrals drop interest.
Allegra wants to purchase a cruise to alaska. in the search process, she discovers this purchase is different from an expenditure on a car in that the cruise ______.
What Allegra is going to discover is that this purchase is different from an expenditure on a car in that the cruise cannot be easily separated from the service providers such as the stewards and crew.
What is a purchase?
This is a term that is used to refer to the fact that a person has acquired a good or a commodity.
The purchase of this product is one that can not be differentiated from one that would have all the crew members intact.
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b. Sandy is a strange person who loves risky gambles. Her utility function is given as follow: U = W² where W is her wealth. She has joined a game which there is 30% chance turns her wealth to $100 and 70% turns her wealth to $10. i. (3 marks) ii. What is the expected utility to Sandy from this gamble? Suppose she is offered another alternative game which 100% turns her wealth to $40, would she accept this new game or stick to the previous game? (3 marks)
i. In order to calculate the expected utility of the gamble game, you can start by finding the expected value (EV) of the wealth increase as follows:
EV of the wealth increase = 0.3 × ($100 − W) + 0.7 × ($10 − W)
Here, W is Sandy’s current wealth, which is the initial value of the gamble. We can rewrite the above expression as follows:
EV of the wealth increase = −0.4W + 13
Sandy’s total wealth after playing the game is $10 + the EV of the wealth increase if the gamble does not work out and $100 + the EV of the wealth increase if the gamble does work out. Thus, the wealth after the gamble, W′, is given by the following expression:
W′ = {0.3 × ($100 − W)} + {0.7 × ($10 − W)} if the gamble works
W′ = W if the gamble does not work
Hence, we can calculate the expected utility of Sandy from the gamble using the utility function as follows:
EU from the gamble = {0.3 × [(100 + EV of the wealth increase)²] + 0.7 × [(10 + EV of the wealth increase)²]}
ii. Sandy’s current wealth is not given, so we cannot calculate the EV of the wealth increase or the expected utility from the gamble. However, we can compare the two games based on the expected value of the wealth after playing the game.
Suppose Sandy plays the second game where her wealth always turns to $40. The expected value of the wealth increase in this case is:
EV of the wealth increase = $40 − W
Thus, the wealth after the game is $40, and the expected utility from the game is EU = (40)² = 1600.
The expected value of the wealth after playing the first game is given by:
Sandy’s wealth if the gamble does not work out = $10
EV of the wealth increase if the gamble works out = −0.4W + 13
Sandy’s wealth if the gamble works out = $100 + EV of the wealth increase if the gamble works out
The expected value of the wealth after playing the first game is:
EV of the wealth after playing the game = 0.3 × [$100 + EV of the wealth increase] + 0.7 × [$10 + EV of the wealth increase]
Thus, if Sandy’s wealth is less than or equal to $22.5, she should play the second game; otherwise, she should play the first game.
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Which term describes a person's income before any deductions?
Question 6 options:
gross
net
interest
total
Answer:
Gross.
Explanation:
A Gross is the total amount of money you've made before any deductions.
A net income is gross profit with all expenses removed.
A interest is usually a percentage paid for the usage of the money.
A total is all compensation received for services throughout the year.
buying a new building increases business
Land/capital
Answer:
land
Explanation:
why because buying a capital we'll be to much
for a monopoly, the demand and cost functions are: demand: q = 100 - 0.20p cost: tc = 10 60q solve for the profit-maximizing quantity (q).
The profit-maximizing quantity for the monopoly is found to be 12 using the monopoly's marginal revenue (MR) and marginal cost (MC) functions.
To find the profit-maximizing quantity for a monopoly with the given demand and cost functions, we need to first find the monopoly's marginal revenue (MR) and marginal cost (MC) functions.
The MR function is the derivative of the demand function, which is:
MR = d(TR)/d(q) = 100 - 0.40p
where TR is total revenue. To find p, we need to use the inverse demand function:
p = 500 - 5q
So, substituting for p in the MR function, we get:
MR = 100 - 0.40(500 - 5q) = -20q + 300
The MC function is the derivative of the total cost (TC) function, which is:
MC = d(TC)/d(q) = 60
Now, to maximize profit, the monopoly should set MR = MC, so:
-20q + 300 = 60
Solving for q, we get:
q = 12
Therefore, the profit-maximizing quantity for the monopoly is 12.
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Custom Motors' account with Widgets, Inc. Has an opening balance of $1,200. They make four purchases totaling $1,500, receive a $400 credit for returned widgets, and make a payment of $2,000. What amount will go into the schedule of accounts for Custom Motors? A. $300 B. $1,500 OC. $1,100 D. $2,000
Answer:
A. $300
Explanation:
The computation of the amount will go into the schedule of accounts for Custom Motors is shown below;
= Opening balance + purchase made - credit received - payment made
= $1,200 + $1,500 - $400 - $2,000
= $300
Hence, the amount will go into the schedule of accounts for Custom Motors is $300
Therefore the option a is correct
And, the same would be considered
Answer:
A 300
Explanation:
Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.
Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.
What are customer needs?
Answer:
A customer need is a need that motivates a customer to purchase a product or service.
Question 1
If you read an article about a product you like, you shou
OA. Question the source of information.
B. Take the information at face value.
C. Look for ads by competitors and compare.
D. None of the above.
Answer:
Explanation:
I think it's A.
You should always question the source. You might be lucky and discover what they've not said about their product. Or you may discover it is simply not true.
A few years back (many in fact), there was a product on the market call Laetrile. It was produced from peach pits. It has an overwhelming popularity that Sloan Kettering (the Cancer Clinic in New York -- the oldest and largest one in the world), spent some of their needed grant money to test Laetrile. The results -- nothing. Imagine what happened to those who marketed this product. Word got around. People with Cancer are pretty desperate. They and their loved ones will try anything.
But the facts on the internet help to dispel this kind of thing.
(Algo) Large-scale integrated (LSI) circult chips are made in one department of an electronics firm. These chips are incorporated into analog devices that are then encased in epoxy. The yield is not particularly good for LSI manufacture, so the AQL specified by that department is 13% while the LTPD acceptable by the assembly department is 53%. Assume the company is willing to accept a consumer's risk of 10 percent and a producer's risk of 5 percent. a. Find the sample size. Use Exhibit 10.16 Note: if the exact value of the computed LTPD/AOQ ratio does not appear in Exhibit 10.16, use the next higher ratio. (Round up your answer to the next whole number.) Sample size b. How would you tell someone to do the test? Randomly sample LSi using the sample size from part a, the lot if more than defective.
a. The sample size for the test is 48.
b. To perform the test, randomly select 48 Large Scale Integrated chips from the manufacturing department. If the number of defective chips in the sample is more than the specified limit, reject the entire lot.
a. The sample size can be determined using the LTPD (Lot Tolerance Percent Defective) and AOQ (Average Outgoing Quality) ratio from Exhibit 10.16. Since the exact value of the computed LTPD/AOQ ratio is not provided, we use the next higher ratio. In this case, the LTPD acceptable by the assembly department is 53%, and the AQL (Acceptable Quality Level) specified by the manufacturing department is 13%. Therefore, the LTPD/AOQ ratio is 53/13 ≈ 4.08.
Referring to Exhibit 10.16, we find the corresponding sample size for the LTPD/AOQ ratio of 4.08, which is 48. Hence, the sample size for the test is 48.
b. To conduct the test, an individual needs to randomly select 48 LSI chips from the department responsible for their manufacture. This random sampling ensures a representative selection from the entire lot. Once the sample is obtained, each chip should be carefully inspected to determine the number of defective chips present.
If the number of defective chips in the sample is greater than the specified limit, which is 13% of the sample size (13% of 48 ≈ 6.24 chips), the entire lot should be rejected. On the other hand, if the number of defective chips is within or below the limit, the lot can be accepted for further processing and integration into analog devices.
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Match the examples with the types of goods. To match them, click the example, and then click the type of good.
Match the examples with the types of goods.
To match them, click the example, and then click the type of good.
Omar buys a snack bag of chips that he noticed while waiting in line at the store.
Unsought good
Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in an accident or burglary.
Convenience impulse good
Jamie goes to the store to buy toothpaste.
Convenience staple good
Wanda reads reviews of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item.
Shopping good
Adriana only buys doughnuts from her favorite local doughnut shop.
Specialty good
Answer:
1. Convenience impulse good
2. Unsought good
3. Convenience staple good
4. Shopping good
5. Specialty good.
Explanation:
1. Omar buys a snack bag of chips that he noticed while waiting in line at the store: Convenience impulse good.
A convenience impulse good can be defined as goods (products) that an individual purchases without planning to buy them or having prior intention to do so. Therefore, convenience goods are easily available and often purchased by impulse.2. Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in an accident or burglary: Unsought good.
Unsought goods can be defined as goods or services that an individual do not think of buying or isn't aware of but purchases due to a fear of danger (damage).3. Jamie goes to the store to buy toothpaste: Convenience staple good.
A convenience staple good can be defined as goods (products) that an individual consumes on a regular basis and as such are purchased more often.4. Wanda reads reviews of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item: Shopping good.
Shopping goods can be defined as goods (products) that an individual purchases after doing due diligence by comparing its style, quality and price in other stores.5. Adriana only buys doughnuts from her favorite local doughnut shop: Specialty good.
Specialty goods refers to consumer goods that an individual considers to be exclusive and unique, for which he or she would go any length and perhaps, do anything to get them due to the strong preference.state any 5 tpyes of legal requirements that will be required to a business
Question 3 of 20
Which statement describes why you should start retirement planning early?
A. Your income will increase, while your expenses will decrease.
O B. Your income will decrease, while your expenses will increase.
O C. Your income will decrease, while your expenses will stay the
same.
O D. Your income will increase, while your expenses will stay the same.
SUBMIT.
Answer:
B) Your income will decrease, while your expenses will increase
Explanation:
You should start retirement planning early, because as you grow up you may become less skilled or not be able to perform heavy work. As you get older expenses will increase for various reasons, inflation, which will make goods more expensive, forcing you to spend more and also medical bills, treatments, therapies, check-ups or preventive studies, can make you spend more in an older age.
ESTIONS
Discuss FOUR phases of business cycle in detail
Answer:
The answer is below
Explanation
1. Expansion: this is a period in which business is growing at a considerable rate. Such as an increase in production and sales
2. peak: this is a period in which production and prices increase beyond the normal level. This shows there is no longer room for increment.
3. contraction: this is a period in a business cycle in which the productions and sales began to fall due to low patronage and a bad economy.
4. Trout: this is a peak period in which business models lost their values in terms of production and sales. At this point, it is believed that the business cannot get worse.
How do bonds earn income
Answer:
The owner of the bond receives interest payments, known as the coupon, throughout the life of a bond, at the interest rate that was determined when it was issued.
Explanation:
They are debt obligations, meaning that the investor loans a sum of money (the principal) to a company or a government for a set period of time, and in return receives a series of interest payments (the yield).