Garcia Company recognized revenue on account. The recognition will affect which of the following financial statements?a. Balance sheetb. Statement of cash flowsc. Income statement and the balance sheetd. Income statement

Answers

Answer 1

The right answer is option C.

The Income Statement and the Balance Sheet will be impacted by the recognition of revenue on account.

It should be noted that expenses for salaries and wages do not directly reflect on the balance sheet. The income statement includes them.

On the balance sheet, however, salaries and wages payable are regarded as a liability. Therefore, "income statement; liabilities on the balance sheet" is the appropriate response.

The amount of unpaid accounts at year's end is shown on the balance sheet, together with the book values at which such accounts are recorded.

Income Statement: This shows the year's revenues and costs in straightforward terms.

The cash flow from operations is shown in this statement, which is divided into three categories: operating, investment, and financing.

Financial Statement Notes: This is a document created as an annexure to financial statements that explains different elements in all three of the aforesaid financial statements.

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Related Questions

which of the following will decrease the investment account on the books of the investor when the equity method is applied?

Answers

The investee company will eventually become smaller upon the payment of a dividend. As a result, if indeed the equity approach is used, the investor reduces the index fund whenever a dividend is earned. There isn't any more money reported.

Additionally, businesses are permitted to disclose these transactions in a similar manner as equity securities. That approach is utilized in this circumstance.

Which one of the preceding would be a reduction in the owner's equity?

If you generate profits, your owner's equity would rise. Whenever you incur costs and expenses, your owner's equity will decline. The owner's equity of your business will indeed be negative if your liabilities exceed your assets.

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During periods of higher and increasing inflation, all of the following would be expected to occur EXCEPT:
A. decrease in buying power.
B. An increase in overall interest rates due to actions by the Federal Reserve to cool off the economy.
C. An expansion of government outlays due to higher costs overall and required inflation adjustments for some programs.
D. Higher disposable income for senior citizens on fixed incomes from corporate pensions and annuities.

Answers

During periods of higher and increasing inflation decrease in purchasing power and an increase in overall interest rates due to actions by the federal reserve to cool off the economy would be expected to occur.

What is inflation?

Price increases, or inflation, can be allowed of as the gradational loss of copping power. The average price increase of a selection of products and services over time can serve as a deputy for the rate at which buying power declines. A unit of currency effectively buy lower as a result of the increase in pricing, which is occasionally stated as a chance. Deflation, which happens when prices fall and buying power rises, can be compared to affectation.

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State University's College of Business is divided into three departments, accounting, marketing, and management. Relevant information for each department is provided below: Accounting Marketing Cost Driver Management Number of students 700 400 200 Number of classes per semester 32 18 14 Number of faculty 10 12 5 The Dean of the College of Business is trying to assign funds from the operating budget to the three departments. Assuming that the chair of each department is trying to attain the highest funding possible for his/her department, which of the following most accurately describes the allocation base that each chair will favor? Multiple Choice The chair of the Management department will want to use the number of classes while the chair of the Marketing department will prefer the number of faculty. The chair of the Accounting department and the chair of the Management department will want to use the number of faculty. The chair of the Marketing department will want to use number of students, while the chair of the Accounting department will want to use number of classes per semester The chair of the Accounting department will want to use number of students while the chair of the Management department will want to use number of faculty 20 of 22 о

Answers

Chair of Management dept will want to use the no of classes while the chair of marketing department will prefer the no of faculty Working    

How are department chairs selected?In most academic departments, chairs are elected—or at least recommended to the dean—through a vote of the facultyDisplays outstanding leadership qualities (e.g., proactive and positive; able to make difficult decisions; delegates when appropriate; manages conflict effectively). Fosters a departmental environment that serves as a positive atmosphere for achievement.A department chair is a faculty member in a given academic department, assigned by the dean to manage that department. A department chair's primary role is to examine the operations of the department as a whole and the department's relationship to their institution more broadly.Historically heads have been more administratively oriented while chairs have leaned more toward faculty determination in setting the academic direc- tion of a department.

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Which of the following conditions needs to occur for a market to achieve allocative efficiency?
O The marginal cost of the last unit produced is greater than the marginal benefit of producing that unit.
O The sum of producer and consumer surplus is maximized.
O Producers' maximum willingness to equals consumers' minimum acceptable price for the last unit of output.
O The total revenue received by producers equals the total cost of production.

Answers

For a market to be allocatively efficient, the entire revenue collected by producers must match the total cost of production.

What exactly is allocation efficiency?

In an allocation-efficient economy, every good or service is produced up to the point where the final unit offers customers a marginal benefit equal to the marginal cost of production, which means that production is in line with consumer preferences.

What makes you allocatively effective?

When a commodity is not used by one party to the detriment of another, allocating efficiency is achieved. In order for both parties to profit, each individual must be eager to exchange the good with another.

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4. Is the steepest slope of the graphs elastic inelastic unit elastic

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The slope of demand is steeper in case of relatively inelastic demand; the price may increase or decrease but the quantity demanded will remain about the same.

What is inelastic demand?

Inelastic is an economic term referring to the static quantity of a good or service when its price changes. Inelastic demand means that when the price goes up, consumers’ buying habits stay about the same, and when the price goes down, consumers’ buying habits also remain unchanged.

Inelastic means that a 1% change in the price of a good or service has less than a 1% change in the quantity demanded or supplied.

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Assuming semiannual compounding, what is the price of a zero coupon bond with 5 years to maturity paying $1,000 at maturity if the YTM is (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.):
Price of the Bond
a. 3 percent $
b. 8 percent $
c. 13 percent $

Answers

Assuming semiannual compounding, the price of a zero coupon bond with 5 years to maturity paying $1,000 at maturity if the YTM is

a. 3 percent $738.65

b. 8 percent $620.70

c. 13 percent $503.90

How to find the price of a zero coupon bond?

To find the price of a zero coupon bond, you can use the formula:

Price = Par value / (1 + YTM/2)^(Years to maturity * 2)

a. Price at 3% YTM:

Price = $1,000 / (1 + 0.03/2)^(5 * 2)

Price = $1,000 / (1 + 0.015)^10

Price = $738.65

b. Price at 8% YTM:

Price = $1,000 / (1 + 0.08/2)^(5 * 2)

Price = $1,000 / (1 + 0.04)^10

Price  = $620.70

c. Price at 13% YTM:

Price = $1,000 / (1 + 0.13/2)^(5 * 2)

Price = $1,000 / (1 + 0.065)^10

Price = $503.90

Therefore  the price of the bond at 3% YTM is $738.65, at 8% YTM is $620.70, and at 13% YTM is $503.90.

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for each characteristic, select whether it is consistent with a theory x or theory y approach to management. assumption theory x theory y people are often underutilized at work. people are naturally lazy. people seek responsibility when conditions are favorable.

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People are often underutilized at work. This is in to theory Y. People are naturally lazy. This is in relation to theory X. People seek responsibility when conditions are favorable. This is in relation to theory X.

Theory X and Theory Y are human labor motivation and management theories. They were developed further in the 1960s by Douglas McGregor while he was working at the MIT Sloan School of Management.

McGregor's work was influenced by motivation theory and the works of Abraham Maslow, who developed the hierarchy of needs. McGregor's two theories provide different models of worker motivation used by managers in human resource management, organizational behavior, organizational communication, and organizational growth.

Theory X emphasizes the value of increased monitoring, external rewards, and penalties, whereas Theory Y emphasizes the motivating role of job satisfaction and encourages employees to tackle jobs without direct supervision.

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which of the following are annuities? multiple select question. tips to a waiter installment loan payments monthly rent payments in a lease monthly grocery bill

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which of the following is a type of annuity. the waiter should receive gratuities. grocery bill for each month. repayment plans for loans. A lease's monthly rent costs.

What are gratuities examples?

A restaurant's policy, which is stated on menus and checks, stipulates that groups of five or more patrons will have an 18% gratuity added to the bill. A group of five will spend $100 on food in total, and an additional obligatory 18% tip will bring the total to $118. The sum paid by an employer to its employees for providing their services for five or more years might be used to clarify the gratuity's significance. A gratuity is a benefit that is provided to an employee as part of their salary and is intended to assist them in their retirement.

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TRUE OR FALSE in the communication stage of the value creation and delivery sequence, marketing must determine specific product features, prices, and distribution channels.

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According to the question, the given statement of marketing is false.

What is marketing?
Marketing is the process of promoting products or services to potential customers and convincing them to purchase them. It involves researching, creating and distributing content that is relevant to target audiences, advertising products or services and tracking customer responses. It is essential to understanding customer needs, wants and preferences, and using the data to develop effective strategies for targeting different segments of the population.

In the communication stage, marketing focuses on creating messages to inform, persuade, and remind target customers about the brand and its offerings. The actual product features, prices, and distribution channels are determined in the product and pricing, and distribution stages, respectively.

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Rolling five fair dice simultaneously and assuming that all the outcomes are equally likely, find the probability of 1. one pair, i.e., exactly two dice land one the same value while the other three dice land on three other values

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The number of ways to roll a pair with five dice is 60. It can be calculated by choosing the value that appears twice in 5 choosing 2 ways and then choosing the values that appear on the other three dice in 3! ways. Thus, the number of favorable outcomes is:

5 dice  choose  ways 2 and other ways 3

2 * 3! = 60

Since there are 6^5 = 7776 possible outcomes in rolling five dice, the probability of rolling one pair is 60/7776 = 1/129.

therefore 60 number of ways are present to roll a pair of five dice.

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FILL IN THE BLANK. __ can be best defined as when an organization generates higher profits compared to its rivals.

Answers

Competitive advantage can be best defined as when an organization generates higher profits compared to its rivals.

What does competitive advantage mean?

Competitive advantage is an advantage gained by a company that has outperformed its competitors in the same industry by designing and implementing effective strategies that allow it to offer quality goods or services, quote reasonable prices to its customers, maximize the wealth of its stakeholders, and so on, as a result of which the company can make more profits, build a positive brand reputation, make more sales, and so on.

A competitive edge allows a company to simply generate more value for itself and its shareholders. A company with a sustainable advantage will easily outperform its competitors, while the latter will find it difficult to counteract the former's qualities.

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select all that apply net income is blank . (check all that apply.) multiple select question. assets plus liabilities equal to the company's cash balance expenses minus revenues assets minus liabilities revenues minus expenses net earnings

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net income is revenues minus expenses. Because it reflects a company's profit for the time period after accounting for all business-related factors, net income is significant.

Net income (NI), often known as net profits, is determined as sales less cost of goods sold, selling, general and administration costs, operating costs, depreciation, interest, taxes, and other costs. Investors can use this figure to determine how much an organization's income surpasses its costs. This figure is a measure of a company's profitability and may be seen on its income statement. Businesses compute their profits per share using net income. Because it appears at the bottom of the income statement, net income is sometimes referred to as the bottom line by business analysts. Analysts in the UK refer to NI as shareholder-attributable profit.

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fill in the blank. when the price of oranges increases, jack buys more apples and fewer oranges. the decrease in the quantity demanded for oranges and the increase in the quantity demanded for apples is an example of the ____ effect. (enter one word in the blank.)

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The decrease in the quantity demanded for oranges and the increase in the quantity demanded for apples is an example of the substitution effect.

The term substitution impact describes a scenario in which a product's component is changed and consumers decide to replace the product. Prices, availability, material changes, and other elements could all lead to a substitution effect. One of the two halves of the law of demand talks about how the quantity of an item is requested changes in reaction to a change in its price in relation to the prices of other commodities.

In the given case, Jack substitutes apples for oranges when the price of oranges rises, causing a fall in the amount demanded for oranges and an increase in the quantity demanded for apples. The substitution effect can be seen in action in this behavior.

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An increase in the price level will affect the money market and bond market in which of the following ways?
a. The nominal interest rate rises, and the price of previously issued bonds rises.
b. The nominal interest rate falls, and the price of previously issued bonds is unaffected.
c. The nominal interest rate rises, and the price of previously issued bonds falls.
d. The nominal interest rate falls, and the price of previously issued bonds rises.
e. The nominal interest rate is unaffected, and the price of previously issued bonds rises.

Answers

The difference between the money market and the bond market is that the former specializes in relatively short-term debt instruments. The correct option is C.

What is the difference between bond market and money market?

The short-term government debt securities with maturities of less than a year are the focus of the money market, a segment of the fixed-income market. When you purchase a bond, you are effectively lending the issuer money for a specific amount of time, which they then repay to you at specified intervals until the bond matures. The money market and bond market are different in that the former focuses on relatively short-term debt products (debt that matures in less than one year). Because they mature quickly, money market assets are often known as cash investments.

Therefore, the correct answer is option C . The nominal interest rate rises, and the price of previously issued bonds falls.

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which one of the following business entities has its owners to be not liable for the firm's debt? corporations. partnership. sole proprietorship. llc.

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(A) Corporations are corporate entities in which the owners are not responsible for the debt of the company.

What are Corporations?

Corporations are called corporations to have owners who are not accountable for the company's debt.

A corporation is an organization—typically a collection of individuals or a business—that has been granted by the state the right to function as a single unit (a legal person in a legal context; a legal person recognized under private and public law) and is recognized as such in law for certain purposes.

10 Early corporations were created with a charter (i.e. by an ad hoc act granted by a monarch or passed by a parliament or legislature).

The majority of governments currently permit the registration of new corporations.

Therefore, (A) corporations are corporate entities in which the owners are not responsible for the debt of the company.

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Complete question:

Which one of the following business entities has its owners to be NOT liable for the firm's debt?

a. Corporations.

b. Partnership.

c. Sole proprietorship.

d. LLC.

like most successful companies, phones inc. has trade secrets. the law protects those secrets if the information is

Answers

Phones Inc., like the majority of prosperous businesses, has trade secrets. If a competitor might benefit from knowing the information, the law protects those secrets.

What is a trade secret?

A trade secret is a confidential document along with commercially useful information that gives a business a competitive advantage, such as client lists, production processes, marketing tactics, pricing knowledge, etc. The trade secrets of Phones Inc. that are valuable to rivals are protected by law.

In order for information to be declared a trade secret under American law, a corporation must take reasonable steps to keep it hidden from the general public, have economic value on its own, and contain information. The intellectual property of a firm includes trade secrets. A trade secret, in contrast to a patent, is not widely recognised.

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Smartphones are advanced mobile phones with Internet, photo, and music and video capability (The Pew Research Center, Internet & American Life Project, 2011). The following survey results show smartphone ownership by age.Age Category Smartphone (%) Other Cell Phone (%) No Cell Phone (%)18-24 49 46 525-34 58 35 735-44 44 45 1145-54 28 58 1455-64 22 59 1965+ 11 45 44a. Construct a stacked bar chart to display the above survey data on type of mobile phone ownership. Use age category as the variable on the horizontal axis.b. Comment on the relationship between age and smartphone ownership.c. How would you expect the results of this survey to be different if conducted in2021?

Answers

Modern cell devices with Internet, photo, audio, and video capabilities are known as smartphones. Age-specific smartphone ownership is seen in the below. Mobile phone Age Category (%) Additional Cellular (%) No Cellular (%)

a. A stacked bar chart can be used to display the survey data on mobile phone ownership by age. Each bar in the chart would represent a different age category, with the height of the bar representing the percentage of respondents in that category who own either a smartphone, other cell phone, or no cell phone. The height of each section of the bar would represent the percentage of respondents in that category who own a particular type of mobile phone.

b. The relationship between age and smartphone ownership is an inverse one, with younger age categories having a higher percentage of smartphone ownership and older age categories having a lower percentage of smartphone ownership. This is likely due to younger generations being more familiar and comfortable with technology.

c. If the survey were conducted in 2021, it is expected that the results would show an even higher percentage of smartphone ownership among all age categories, as smartphones have become even more prevalent and accessible. Additionally, the gap between smartphone ownership among younger and older age categories may have decreased, as older generations continue to adopt smartphones and become more familiar with the technology.

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question 2 of 4 note: enter your answer and show all the steps that you use to solve this problem in the space provided. complete the following transactions and explain how they would appear in your register. your beginning balance on october 1 is $542.89. you pay land electric $43.90 on october 7. (check #400) you deposit your paycheck on october 23 ($7.25/hour for 40 hours/wk for 2 weeks with deductions of fica (7.65%), federal withholding (12%), and state withholding (8.75%). you buy $78.54 plus 6% sales tax in clothes from fitright on october 24 using your debit card. be sure to include in your response: the steps you followed to complete your computations. the balance as of october 24 the process for entering the transaction in the registry

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The answer to the provided expression for multiplication is 13.5424, and it has a positive sign.

Multiplication is what?

Calculating the sum of two or more numbers is the procedure known as multiplication in mathematics. When two integers are multiplied together in mathematics, the result is a product, or an expression that describes the factors to be multiplied.

Calculating the sum of two or more numbers is the procedure known as multiplication in mathematics.

E = (-1.15) x 3.2 x (-1.15) x 3.2 E = -1.15 x 3.2 x -1.15 x 3.2 E = -3.68 x -1.15 x 3.2 E = 4.232 x 3.2 will be used to solve the given multiplication formula.

E= 13.5424

As a result, 13.5424 is the answer to the given multiplication expression, and it has a positive sign.

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For each of the following note disclosures, indicate whether the disclosure would likely appear in (A) the summary of significant accounts policies or (B) a separate note. A/B Note disclosures (1) Depreciation method (2) Contingency information (3) Significant issuance of common stock after the fiscal year-end (4) Cash equivalent designation (5) Long-term debt information (6) Inventory costing method

Answers

Disclosures, indicate whether the disclosure would likely appear in the correct option is B, a separate note.

What do disclosures mean?Making facts or information public is a process called as disclosure. Making relevant information known to consumers, investors, and analysts is the act of a firm providing proper disclosure.Disclosure is characterized as a revelation or a revelation. The declaration of a family secret is an illustration of disclosure. The revelation of a family secret is an illustration of a disclosure.The goal of disclosure is to make available evidence that either strengthens or weakens the various parties' arguments.Disclosures, indicate whether the disclosure would likely appear in the correct option is B, a separate note.                

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the medical center received a $100,000 capitation payment in january to cover the health care costs of 150 managed care enrollees. by the following january, $80,000 had been expended to cover services provided. the remaining $20,000 is

Answers

The remaining $20,000 is retained by the medical center as the profit after capital payment.

What are capital payments?

Capital payments and capital expenditures go hand in hand. Capital expenditures are costs incurred by a business that are non-recurring and whose benefits are not realised for at least two fiscal years. Capital payments are the actual cash sums that a corporation pays to cover its capital expenditures. You have the option of making the payment(s) all at once or in instalments. Revenue payments and revenue expenditures are intertwined. Revenue payments are the actual cash payouts for the documented revenue expenditures. They are regular in nature and involve payments for ongoing expenses of the company. Capital payments, which can be made in full or in instalments, are real cash payments made to cover a business's capital expenses.

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a ____ an event in someone's personal or professional life that pushes someone past the tipping point and starts them down the road to entrepreneurship

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"catalytic event" is an event in someone's personal or professional life that pushes someone past the tipping point and starts them down the road to entrepreneurship.

A catalytic event can be a defining moment that sparks someone's entrepreneurial journey. It can be a positive or negative event, such as being laid off from a job, winning a large sum of money, or experiencing a gap in the market that they can fill. It can also be a culmination of events that leads someone to see the opportunity to start their own business. Regardless of the nature of the event, a catalytic event often pushes someone past their tipping point and drives them to take the leap into entrepreneurship. It can provide the motivation and encouragement needed to take risks and pursue their entrepreneurial vision. In short, a catalytic event is a crucial factor in initiating the entrepreneurial journey.

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which of the following sentences does not contain a long lead-in? group of answer choices i am writing this letter to inform you that our return procedure has changed. please be advised that our meeting location has changed. please share your concerns with your supervisor. you might be interested to learn that an updated model is available.

Answers

The answer is please be advised that our meeting location has changed, is the sentence that  does not contain a long lead-in.

What is the greatest way to define a sentence?

A word, clause, or phrase, or a collection of clauses or phrases, that, when spoken, indicates an assertion, a question, an order, a wish, an exclamation, or the performance of an action, and that, when written, often starts with a capital letter and ends with the proper end punctuation, is.

What's an illustration of one sentence?

The three fundamental components of a sentence—a subject, a verb, and a finished thought—are present in a simple sentence. The following are some illustrations of basic sentences: For the train, Joe waited. The train arrived late.

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which of the following accommodations would an employer most likely need to implement in order to be in compliance with the americans with disabilities act?

Answers

A reasonable accommodation is a change made to a job, workplace, or the way work is carried out to enable a person with a handicap to apply.

Which type of discrimination in the South did the Freedom Riders utilize civil disobedience to help end?

In 1961, groups of white and African American civil rights activists took part in Freedom Rides, bus excursions through the American South to protest segregated bus terminals.

How were the Freedom Riders seen in the South?

These activists were assaulted and arrested for opposing racial segregation in the South. After over 50 years, where are they now? On Mother's Day, Sunday, May 14, 1961, a Greyhound bus carrying black and white passengers through rural Alabama was blocked by a large group of incensed white people.

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which of the following accurately describes the effect of a stock dividend, split, or reverse stock split by an investee company on the parent's investment in investee account under the equity method?

Answers

When the equity method is applied, the investment account is boosted by the investor's portion of the investee's net income. The investment account would be reduced by the share of net loss.

What is equity?

Equity is the sum of money invested in or owned by a company's owner. The difference between a firm's obligations and assets on its balance sheet indicates how much equity the company has.

The equity value is calculated using the share price or a value established by valuation specialists or investors. Owners' equity, stockholders' equity, and shareholders' equity are further names for this account.

The amount of money delivered to a company's shareholders if all of its assets were sold and all of its debts were settled is known as equity, sometimes known as shareholders' equity or owners' equity for privately held firms.

The book value of a corporation may also be equal to its shareholders' equity.

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T/F david ricardo believed factory workers should work in areas where they have a clear advantage and trade for other necessities.

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The given statement "David Ricardo believed factory workers should work in areas whereby they have a clear advantage and trade for other necessities" is true because it correctly indicates what David Ricardo believed about factory workers.

David Ricardo was a classical economist who believed in comparative advantage, the idea that countries (or in his case, regions) should specialize in producing goods in which they have a lower opportunity cost and trade for goods in which they have a higher opportunity cost. He argued that this leads to a more efficient allocation of resources and overall economic growth. He believed that workers should work in areas where they have a comparative advantage and trade for other necessities.

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partnership records show the following capital balances at the date of hopkins' withdrawal: m. hammel, $80,000; d. hopkins, $210,000; and p. houghton, $100,000. the three partners share income and loss equally. on december 31, hopkins withdraws and agrees to take $210,000 cash in settlement of her capital balance. prepare the december 31 journal entry for the partnership.

Answers

The December 31 journal entry for Hopkins' withdrawal would be as follows:

What are journal entries?

A journal entry is a record of a financial transaction that is made in a company's general ledger or accounting journal. It is used to document the movement of money, such as the receipt of revenue, payment of expenses, or transfer of funds between accounts.

Journal entries typically consist of at least two parts: a debit entry and a credit entry. The debit entry increases the balance of one account, while the credit entry decreases the balance of another account. The sum of the debit and credit entries must always equal zero, in accordance with the accounting equation: Assets = Liabilities + Equity.

Debit: Hopkins Capital account, $210,000

Credit: Cash, $210,000

This entry records the transfer of $210,000 from the partnership's assets (Cash) to Hopkins in settlement of her capital balance. The debit to Hopkins' Capital account reduces her capital balance to zero, reflecting her withdrawal from the partnership.

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which of the following is true of the planning process in an organization with an innovative culture?

Answers

The true answer for the planning process in an organization with an innovative culture is "it encourages low-level managers to participate in the process". So the correct answer is B.

The process of defining a company's goals based on the potential that they have, the reason the company to be existing, and creating discrete tasks to meet the goals is called organization planning. To do organization planning there are four phases: strategic, tactical, operational, and contingency.

The question above is incomplete, the complete question is:

Which of the following is true of the planning process in an organization with an innovative culture? a. It rarely takes risks involving the development of new products. b. It encourages lower-level managers to participate in the process. c. It creates a well-defined hierarchy of authority and establishes clear reporting relationships so that employees know exactly whom to report to. d. It emphasizes formal top-down planning.

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g where on form 4797, sales of business property, would the sale of the driveway be reported? page 1, part i. page 1, part ii. page 2, part iii. page 2, part iv.

Answers

On Section 4797, Part I, the land is sold. The capital asset portion of your Form 1040 is combined on line 13. Consequently, the answer to your last query is that this does count as two sales on your Form 4797, but only one of them is a Schedule D capital asset.

How do I fill out Tax form 4797 after sale of a rental property?

To complete form 4797 for the 2013 tax year, I'm attempting to find out how to do it.

For $240,000 in 2007, the duplex was bought, and for $251,900 in 2013, it was sold.

Never owned by the owner, it was always used as a rental property. the following information

- Paid $240,000 when bought in 2007. (Land: 50,000 Building: 190,000)

- Purchased for $251,900 in 2013.

- $13,500 in fees for the property's selling

- Depreciation over the last six years or more: $34,000

- During this time, the home underwent no improvements.

I typed 251,000 into line 20 of form 4797. This is probably accurate.

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T/F formalists believe that a large portion of native american behavior can be explained by a small number of economic causes.

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It is true that formalists argue that just a small number of economic factors can adequately account for a significant amount of native American behavior.

Utilizing a strategy best described as applied cultural materialism, the way indigenous Americans thought about economics before European contact. The first section of the article discusses the method used to infer the economic philosophy of the preliterate societies that lived in the USA before 1492.

A summary of indigenous economic practices and ways of thinking follows this analysis. The American Journal of Economics and Sociology (AJES), which was launched in 1941 with funding from the Robert Schalkenbach Foundation, aims to promote the creation of transdisciplinary solutions. The final half of the paper provides an interpretation of Amerindian economic theory.

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A significant recent trend in the provision of financial services is that households increasingly prefer denomination intermediation and information services provided by
A. mutual funds and money market mutual funds.
B. commercial banks.
C. insurance companies.
D. hedge funds.
E. investment banks.

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A significant recent trend in the provision of financial services is that households increasingly prefer denomination intermediation and information services provided by insurance companies.

By financial, what is meant?

Investing, borrowing, lending, budgeting, saving, and predicting are all included in the definition of finance, which is the management of money. Personal, business, and public/government finance are the three basic categories.

The word finance also came into use in the 15th century, but it was derived from the Anglo-French finer, which both meant "to end" and "to pay," and it was used to refer to an end or a payment in English. The phrase first used in the 18th century and came to mean money and money management.

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