If a company incorrectly records cash received for services to be provided in the future with a debit to cash and a credit to sales revenue, how will this error affect net income for the current period?.

Long-term productive assets used in the normal course of business are classified as Property, plant and equipment.

Property, plant and equipment or Long term assets is defined as assets which are held for more than 12 months with a purpose of future economic benefit.

It is shown on the asset side of the balance sheet.

It is also known as non current assets.

It may be tangible or non tangible asset.

Long term assets are recorded on the amount of purchase not the current value and depreciation is charged every year.

Changes in long term asset is treated as capital investment.

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Amy can study for an hour or spend that hour sleeping or going out for dinner. if she decides to study for the hour, the opportunity cost of the hour spent studying is sleeping or going out for​ dinner, whichever she would have preferred the most.

The law of supply and demand combines two fundamental economic principles that explain how changes in the price of a resource, commodity, or product affect its supply and demand.

When prices rise, supply increases while demand decreases. Conversely, when prices fall, supply narrows while demand increases.

The supply and demand levels for various prices can be plotted on a graph as a curve. The intersection of these curves marks the equilibrium, or market clearing price where demand equals supply, and represents the process of finding prices in the market.

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When the savings and loan industry collapsed in the 1980s, all of the big accounting firms, except for Arthur Andersen, experienced heavy losses because of their liability for audit work on the collapsed financial institutions.

The early 1980s recession was responsible for the collapse of most industries in the 1980s. The recession was a serious economic recession that affected the world in the early 1980 and early 1983, and it was the most severe recession since World War II.

The main factor that lead to the recession was the 1979 energy crisis which was caused by the Iranian Revolution which caused a disruption to the global oil supply and saw oil prices rising sharply in 1979 and early 1980. This rise in oil prices pushed up the rates of inflation in several to new double-digit highs and caused economy problems.

However, during the period when the savings and loan industry collapsed in the 1980s, all of the big accounting firms, except for Arthur Andersen, experienced heavy losses because of their liability for audit work on the collapsed financial institutions.

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The financial statement that shows the financial position of a company at a specific point in time is called the balance sheet.

Financial statements are records that contain information about a businesses' activities and it also contains information about the financial performance of the firm.

Types of financial statements include:

A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a point in time.

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The total value of the coins in dollar is 0.15q+1.8 dollars, Therefore, the correct answer is 0.15q+1.8 dollars.

What is algebra?

The area of mathematics known as algebra is used to portray situations or problems using mathematical expressions. In algebra, we utilize integers with fixed or definite values, such as 2, 7, 0.068, etc. In algebra, we combine integers with variables like x, y, and z.

Main Content

Jessica's bank contains 18 quarters and dimes, of which q are quarters.

Then (18-q) = no. of dimes

Find the total value of the coins in dollar

0.25 q + 1.8 − 0.1 q

= 0.15 q + 1.8 0.25q+1.8-0.1q

= 0.15q+1.8 0.25q+1.8−0.1q

= 0.15q+1.8 dollars

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Each of the four ps plays a distinct role in adding value for customers and firms. product, the first of the four p/s, is responsible for communicating.

This is further explained below.

Generally, "An apparent remedy to the unpleasant divides between self and other, private and open, and inner mind and the outward world," is communication.

Face-to-face interactions, telephone calls, text messaging, email, the Internet (including social media platforms such as Fac/ebook and Twi/tter),

radio and television, printed letters, pamphlets, and reports are all examples of these types of interactions.

It is essential, for the sake of good communication, to choose a suitable communication channel.

In conclusion, When it comes to creating value for consumers and businesses, each of the four ps plays a unique and important role. The communication function is within the purview of the product, the first of the four Ps.

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One business day before the date of record.

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1.00000 CNY = 0.14418 USD

20 CNY == 2.88 USD

Nowadays, the name "Yuan" typically refers to the main unit of the People's Republic of China's currency, the renminbi (RMB). [Banknotes in RMB range in value from one Yuan to one hundred Yuan. Particularly in international contexts, it is also used as a synonym for that money; the ISO 4217 standard code for the renminbi is CNY, which stands for "Chinese yuan." (Using sterling to refer to British currency and the pound as the unit of account is a similar situation.)

Yuán literally means a "round thing" or "round coin" in Standard (Mandarin) Chinese. A silver round coin known as the yuan was used throughout the Qing Dynasty.

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Time Warner, Disney, Viacom, Bertelsmann and News Corporation

are the top five legacy media companies in the united states,

The majority of the time, they are referring to reputable media organizations like major newspapers, major TV networks, and some weekly and monthly periodicals. The likes of The New York Times, The Washington Post, CBS, and NBC.

In actuality, corporate media has replaced classic media. These news media companies, like Fox, are built to maximize revenues; in order to achieve this, they are aware of their audience and cater to them.

Media that existed prior to the rise of social media is referred to as legacy media.

Essentially, it consists of print media, television news programs, and some film media. The face of media has altered as a result of fb, insta and other platforms.

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The sale of shares not owned by the investor but borrowed through a broker and later purchased to replace the loan is called a short sale.

A short sale is when an investor sales a stock he does not own but has borrowed from a broker. At a later date, the investor then buys the stock to make a delivery on the sales.

A short sale is usually undertaken when the investor is bearish. This means that the investor expected price of the stock to fall in the future. Thus, the investor would short sell the stock at a higher price now and buy it at a lower price in the future.

For example, assume an investor short sells a stock for $100. Two weeks from now, the stock now has a value of $80. The investor buys the stock at $80. The profit earned by the investor is $20 ($100 - $80).

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Answer:Financial assets

Explanation:

The predicted reliability determined by the design of the product or process is called inherent reliability. Thus, option C is correct.

The design of a product can be defined as the wave the product is going to look at, it can be the internal product , or the outer packaging of the product.

It offers a cap on the level of responsiveness and dependability which could be attained. 

One would never go beyond the efficiency and perform well, regardless of the number of assessments or services you carry out. Therefore, option C is the correct option.

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The question is incomplete, the complete question will be:

a. achieved

b. perceived

c. inherent

d. nominal

The guiding imperative in capitalist economies is profit. So the correct answer is (c).

A social science called economies examines how products and services are produced, distribute, and consumed as well as how people, corporations, governments, and entire countries decide how to distribute their resources. An economist analyzes the connection between a society's resources and its output, and their insights are used to influence economies policies concerning interest rates, tax laws, employment rules, global trade agreements, and company strategy. To spot prospective trends or predict the future of the economy, economists use economies indicators like the GDP and the consumer price index.

Therefore correct option is (c).

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The real interest rate = 5%

Inflation rate = (CPI 2013 - CPI 2012) / CPI 2012

= (231 - 220) / 220

= 11 / 220

= 0.05 or 5%

Real interest rate = nominal interest rate - inflation rate

= 10% - 5%= 5%

Hence, the real interest rate is 5%

A loan is a financial instrument that allows you to borrow money from a lender in order to finance a purchase or investment. The amount of the loan can be based on specific terms and conditions, and usually requires either an down payment or collateral.

Once you have submitted the application, your lender will contact you for additional information, including your credit history and other relevant details. After reviewing this information, the banker may authorize or decline your loan request according to their discretion. If approved, you will then need to provide documentation such as an applicant profile form (IFS), proof of income/employer verification letter(s), bank statement showing funds available in account etc., before closing the transaction.

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deals with a microeconomic because it is the result of decisions that people and corporations make.

Describe "Microeconomics"

Microeconomics is the study of how people, households, and businesses make decisions and distribute resources. It mainly pertains to markets for products and services and addresses both personal and financial concerns.

The study of microeconomics focuses on the decisions people make, the factors that shape those decisions, and how those decisions have an impact on the supply, demand, and price of items on the market.

The probabilities (tendencies) that come from people making choices in response to shifting incentives, prices, resources, and/or production processes are the main subject of the study of microeconomics.

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According to economics in one lesson, alternative applications of time and labor are the problem Robinson Crusoe constantly faced as he tries to satisfy all his needs on his deserted island.

A need is anything that is considered to be necessary or vital to have. Examples include shelter, food, and water.

An alternative application of time is if something happens on alternate days, it happens on one day, then happens on every second day after that. In the same way, something can happen in alternate weeks, years, or other periods of time.

Workers under contract or on a temporary basis are sometimes referred to as contingent workers. Project-based employees are often referred to as service providers, independent contractors, or SOW contractors. Provider of fully outsourced services; frequently included in business and professional services (BPS) or business process outsourcing (BPO) solutions all fall under the alternatives of labor.

According to Economics in One Lesson, what problem is Robinson Crusoe constantly faced with as he tries to satisfy all his needs on his deserted island? a. The problem of alternative application of time b. The problem of alternative application of labor c. The problem of alternative application of time and labor

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The correct answer is (a) I and ii.

Maximum income limits that reduce permitted contributions do not apply to IRAs and spousal IRAs.

The majority of federal and state housing assistance programs establish upper-income limits for people who are eligible to live in supported housing as well as upper rent and housing expense caps that may be applied to eligible residents, often depending on their salaries.

Savings Accounts and Roth IRA contributions decrease as income increases (so high-earning persons cannot contribute to these accounts). However, regular IRAs and spousal IRA contributions are not subject to an upper-income limit. The permitted contribution, however, might not be tax deductible if the contributor earns too much and is enrolled in another qualifying retirement plan.

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Ordinary losses equal ordinary gains in a one-to-one ratio. A capital loss may not exceed $3,000 in total and may only be used to offset a capital gain. It is necessary to carry over the remaining capital loss to a subsequent year.

If you have gross losses to offset any taxable capital gains, you can lower their value in any amount. For instance, if you have a $16,000 gain and a $20,000 loss, you can deduct the maximum $3,000 from your taxes this year and the remaining $1,000 in a subsequent year.

According to a general guideline for corporation tax planning, businesses prefer to have both ordinary losses and capital gains income because the former can be used to offset the latter.

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Suppose the equilibrium rent in Boston is $1,500. Ceiling rent $1,600 per month doesn't make a difference in the Boston apartment market.

The buying and selling transaction itself usually involve a bargaining process between the seller and the buyer. Both will seek a price that they mutually agreed upon and then the sale and purchase transaction will be carried out.

Basically, the equilibrium price is a price meeting point that is agreed by both parties for a sale and purchase transaction to occur. The interaction between sellers and buyers that causes buying and selling transactions is referred to as the market, so the equilibrium price is also commonly referred to as the market price.

The equilibrium price is formed because of a meeting between supply and demand. At the equilibrium price, the quantity demanded is equal to the quantity supplied. The equilibrium price can be obtained in 3 ways, namely a mathematical approach using a formula, a curve approach, and a table approach.

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In the product markets of the circular flow model, households provide Consumption Spending (or Revenues) to the business sector in exchange for goods and services.

Consumer spending is the total amount of the money spent by people and families in an economy on finished goods and services for their own use and enjoyment. All private purchases of durable, nondurable, and service products are included in modern measurements of consumer spending.

To help estimate and plan investment and policy decisions, investors, corporations, and regulators regularly monitor published statistics and reports on consumer spending.

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The requirements and expectations of all the stakeholders are the focus of stakeholder management, yet a fundamental error that occurs is the undersatisfaction of all stakeholder groups.

A stakeholder is a person, group, or organization whose interests are affected by a project's or business venture's outcome. The success of the project is important to stakeholders, who may be inside or outside the sponsoring company. Stakeholders are crucial since their decisions can have a good or negative impact on the project. There are other important stakeholders whose backing is required for the project to proceed.

Like every other participant in the project, a stakeholder is a person, but some are simpler to manage than others. Stakeholder mapping techniques must be learned if you want to find out who your main stakeholders are and make sure you are meeting their needs.

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For an entire economy Income and expenses must be equal. This is so that at the equilibrium level, total individual expenditures and total income are equal.

Every transaction involves a buyer and a seller, therefore the economy's overall spending and income must balance out. The Gross Domestic Product (GDP) of an economy is the sum of all the money spent on newly produced goods and services as well as all the money made from their production.

It is accurate since a functioning economy encapsulates all business dealings involving products and services. And these exchanges take place between the production or business sector and the domestic sector.

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The fact that the poor nutrition in early childhood can lead to negative effects on the child's growth and that this may be irreversible is an example of critical period in height growth.

As a child grows, they will enter various stages in their young life. Some of those periods will be critical growth periods.

During these periods, the child's long term growth can be affected if they do not get the right nutrients. This early childhood period will require a child getting as much nutrients as possible so as not to skip this stage.

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Considering the demand for chewing gum where the demand is perfectly elastic and the supply curve is upward sloping. A decrease in supply will result in no change in the price of chewing gum.

A price, in general, is the amount of money or other types of recompense that one party offers to another in exchange for the provision of goods or services.

A different term is used to refer to the cost of production in various settings.

If the object is referred to as a "good" in the context of a business transaction, the term "price" refers to the amount of money paid for it.

Finally, consider the chewing gum market, where the demand curve slopes upward and is entirely elastic, whereas the supply curve slopes downward.

The price of chewing gum will not change as a direct result of a decrease in available supply.

Hence, there will be no change in price.

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Businesses benefit from economies of scale when the cost of an investment can be Economies of scale.

The cost advantages that businesses experience as a result of their size of operation are known as economies of scale, and they are often quantified by the amount of output generated in a given amount of time. Scale can be increased when the cost per unit of output decreases. The phenomenon known as economies of scale occurs when the scale or magnitude of the production produced by a firm increases while the average cost per unit of output decreases.

Because they can give businesses a competitive edge in their industry, economies of scale are crucial. Therefore, businesses will always aim to achieve economies of scale, just as investors would look for them when choosing investments. The costs are distributed across a wide range of products, an organisation that enjoys economies of scope has lower average costs. Because costs drop as production volume rises, a business that enjoys economies of scale has a lower average cost.

Hence, Businesses benefit from economies of scale when the cost of an investment can be Economies of scale.

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They are referred to as "term bonds" when all of the bonds in an issue mature at once.

What is Issue?

A serial bond is a bond issue that is designed so that until all of the bonds have matured, a portion of the outstanding bonds will continue to mature at regular intervals. These bonds are intended to finance projects that provide a steady income stream for bond repayment because they mature gradually over a number of years. The maturity dates are specified in the offering documents, and the entire bond issuance is sold to the public on the same day. It is less likely that an issuer will miss an interest or principal payment and fail on the bond issuance if the total amount of outstanding bonds is decreased. Other bond offers are structured with a sinking fund, however a serial bond issue requires the issuer to repay specific bondholders on a certain date.

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In this case, we have had a change in Supply and the quantity demanded.

As the price of chicken feed rise, supply will grow. But demand will drop. In contrast, if the price falls, supply is constrained and demand is increased. According to the law of demand, demand for a good or resource will decrease as its price increases and increase as its price decreases.

According to the law of supply, on the other hand, higher prices tend to increase an economic good's supply while lower ones tend to reduce it.The intersection of the supply and demand curves, which balances supply and demand, is a graphic representation of the market-clearing price.

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Firms selling appliances in the EU often expect to utilize a global standardization strategy but ultimately are unsuccessful because of all of the above options.

Selling Firms is known to be a term that connote  an Underwriters composition with other investment dealers as well as brokers which are said to be involved in the offer as well as sale of the Offered Securities that is found to be under the terms of this Agreement.

Note that Firms selling appliances in the EU often expect to utilize a global standardization strategy but ultimately are unsuccessful because of all of the above options which are:

a. Regulations governing appliance configurations are very different in each country in the EU.

b. Distribution capabilities in many EU countries remain undeveloped, making it difficult to reach certain consumers.

c. The cultures of many European countries have different customs and habits that influence how they cook and clean.

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Firms selling appliances in the EU often expect to utilize a global standardization strategy but ultimately are unsuccessful because:

a. Regulations governing appliance configurations are very different in each country in the EU.

b. Distribution capabilities in many EU countries remain undeveloped, making it difficult to reach certain consumers.

c. The cultures of many European countries have different customs and habits that influence how they cook and clean.

d. All of the above.

We refer to the person who writes the check or draft as the "Drawer." If someone receives the money, we refer to them as the "Payee." Both Drawer and Payee are using commercial paper as negotiable instruments.

The term "Commercial Paper" is frequently used in the legal industry to refer to negotiable instruments or variety of contractually enforceable and commercially acceptable documents to transfer money from one person to another, such as:

While we refer to a person as the "Holder" if commercial paper is in their hands, the Drawer is still the one who is accountable for paying the money when it comes to checks and drafts.

Remember, any written document that possesses the fundamental components of negotiability—when it is signed by what we call the Drawee and then delivered—is regarded as a valid check.

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The financial planning will differ for the person according to their age. A person who is 40 years older would have money only from his savings. The 40-year-old person is retired and would only have money available for living from the saving he had made while he was working.

The risk management officer should consider the investments by considering his available savings. He should also consider the money required for living as there is no other source of income. The risk appetite for such an old-aged individual will be low. He must be risk averse in the situation of retirement. The financial planning strategies change for the person over the different phases of life. When a person is young and starts the job at age of 25 he might take excessive risks for getting extra returns. He is young and energetic and has the ability to work part-time along with his routine job to earn extra money.

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