Answer:
Financial statements are a collection of summary-level reports about an organization's financial results, financial position, and cash flows. They include the income statement, balance sheet, and statement of cash flows.
Development lp is a limited partnership that invests in residential real estate projects. Its limited partners include more than 150 sophisticated investors and investment professionals, including ethan. Ethan loses his limited liability if he:.
Ethan loses his limited liability if he participates in the firm’s management.
Who is a Limited Partner?A limited partner can be described as a part-owner of a limited partnership business who does not involve in the management of the partnership business.
The liability for the company's debts of a limited partner is limited to the amount invested in the business.
Limited partners are frequently referred to as "silent partners."
A limited partner is different from a general partner.
A general partner refers to a partner that is in charge of the day-to-day operations of the company, takes investment decisions on behalf of the company, and has unlimited liability for the company's debts and liabilities.
Therefore, Ethan will lose his limited liability if he participates in the firm’s management as he has become a general partner.
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Larue buys an ipod for $150 and a new laptop for $1,200, and signs a one-year employment contract for a $4,800 monthly salary to start at the beginning of the next month. The statute of frauds covers.
As an employee, Larue will be covered by the statute of frauds for the employment contract and the laptop purchase only.
What is a statute of fraud?This statute is a concept that maintains that some types of contracts need to be executed in writing.
This statutse are used for contracts for the sale of land, agreements involving higher worth of goods, contracts lasting one year etc
In conclusion, in this case, Larue will be covered by the statute of frauds for the employment contract and the laptop purchase only.
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Michael works as an operations manager in a company that manufactures automobiles. Michael ensures that a new part is added to the product
as it moves through the facility. By the end of all the stages in the sequence, the product reaches its completion. Which type of facility layout
does Michael use?
A. Product layout
B. Process layout
C. Fixed position layout
D. Hybrid layout
Answer:
c
Explanation:
As he was doing it he was fixed the postition
Answer:
its not fixed
Explanation:
it might be process
True or false: the supply chain is a one-way process that runs directly from raw materials to the end customer.
true the supply chain was created to be efficient
Stock that typically includes preference for receiving dividends and for distribution of corporate assets during a liquidation is called ________- stock.
Stock that typically includes preference for receiving dividends and for distribution of corporate assets during a liquidation is called preferred stock.
What is preferred stock?Preferred stock is a type of stock that offers different rights to shareholders than common stock. Preferred stock holders receive regular dividends.
The above means that preferred stockholders in a corporation have a priority claim on the company's assets in terms of distribution during liquidation.
Hence, stock that typically includes preference for receiving dividends and for distribution of corporate assets during a liquidation is called preferred stock.
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Increasing the number of periods will increase all of the following except Multiple Choice the present value of an annuity. the present value of $1. the future value of $1. the future value of an annuity.
Increasing the number of periods will increase all of the following except the present value of an annuity.
What is meant by the present value of an annuity?This is a term that has to do with the amount of money that would be required to pay for a series of annuity in the future.
Because money is known to have time value. the value of money today would be more than its future worth.
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Crafter's Supply offers online 40% off coupons to shoppers. It is easy to go to the Crafter's Supply website, download the coupon, and apply it to an online purchase. This example shows that the biggest trend in sales promotion is the use of _______.
The requiement of using the crafter's supply website to download the coupon shows that the biggest trend in sales promotion is the use of the internet.
What are sales promotion?These are marketing strategy that uses a short-term campaigns to spark an interest and raise a demand for a firm product.
The use of coupon, lucky lottery, sales discount are all example of element of sales promotion.
In conclusion, today, the use of internet is the biggest trend in sales promotion.
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A decrease in consumer confidence can put your job at risk if Group of answer choices aggregate expenditures fall. consumers expect their incomes to rise in the future. aggregate expenditures rise. consumers expect firms to increase investment in the future.
A decrease in consumer confidence can put your job at risk if consumers expect their incomes to rise in the future.
What is consumer confidence?consumer confidence serves as an economic indicator which measures the degree of optimism as regards the consumers and overall state of a country's economy.
Therefore, consumer confidence can your job at risk if consumers expect their incomes to rise in the future and it doesn't rise.
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What is the name of the document which establishes the processes for selling stock, should the need arise
The name of the document which establishes the processes for selling stock, should the need arise is a Prospectus
What is a prospectus?A prospectus is a formal document that is required by and filed with the Securities and Exchange Commission (SEC) that gives explicit details about an investment offering to the public.
This document is very useful to investors because it provides and insight of the risks involved with investing in the security or fund.
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When an industry is a natural monopoly, a. it is characterized by constant returns to scale. b. it is characterized by diseconomies of scale. c. a larger number of firms may lead to a lower average cost.
When an industry is a natural monopoly, A. it is characterized by constant returns to scale.
A natural monopoly arises from high start-up costs or long economies of scale, and barriers to entry.
A natural monopoly is known for these characteristics:
It is naturally occurring.It has extraordinarily large fixed costs.The marginal costs are low.It has powerful economies of scale.Competition is Undesirable.Thus, when an industry is a natural monopoly, A. it is characterized by constant returns to scale.
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Explain how the federal reserve regulates the money supply.
The Federal Reserve regulates the money supply by raising the requirements of the reserve.
What is Federal Reserve?The Federal Reserve System is the U.S. of America's central banking system.
After just a series of financial turmoil, a need for centralized control of the financial system to mitigate credit crisis led to the enactment of the Federal Reserve Act on December 23, 1913.
The Federal can regulate the money supply by increasing reserve requirements, which reference to the sum of money institutions must maintain against bank deposits.
Banks will be able to loan more money when reserve requirements are lowered, increasing the total supply of money in the economy.
Therefore, by raising the reserve, the Federal Reserve regulated the money supply.
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To ensure the completeness of a business message, a writer should.
Applicants who test positive for illegal drug use can be screened out of a job immediately. please select the best answer from the choices provided t f
Answer:
True
Explanation:
People who have done drugs in the past is a typical red flag for businesses, which they want to avoid at all costs.
Applicants who test positive for illegal drug use cannot be automatically screened out of a job immediately. Hence, the given statement is false.
What are illegal drugs?llegal drugs are drugs that are prohibited by law, either because they have a high potential for abuse, are considered dangerous or have no accepted medical use. Examples of illegal drugs include heroin, cocaine, methamphetamine, and marijuana (in many jurisdictions).
Applicants who test positive for illegal drug use cannot be automatically screened out of a job immediately. It depends on the laws and policies in place in a particular jurisdiction and the company's specific policies. In some cases, companies may be required to offer rehabilitation or other accommodations before making any employment decisions based on drug test results.
Therefore, applicants who test positive for illegal drug use cannot be automatically screened out of a job immediately. Hence, the given statement is false.
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How many months' worth of expenses do you think your financial reserve should include? Describe at least two reasons for this decision.
Answer:
Describe at least two reasons for this decision. I think my financial reserve should include at least twelve months’ worth of expenses. One reason for this decision is that I may never know how much money that I might need if something is unexpected or goes wrong.
Explanation:
hope this helps if not please let me know
Assume the net profit for manufacturer of mountain bikes was $1,000,000 last year. The firm paid out $40,000 in dividends and has 200,000 shares of common stock outstanding. Its earnings per share (EPS) was:
Based on the net profit, the dividends paid and the common stock outstanding, the Earnings per share was $5 per share.
What is the Earnings per share?This can be found by the formula:
= Net profit / Number of outstanding shares
Solving gives:
= 1,000,000 / 200,000
= $5 per share
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The 19th group that destroyed machinery they thought would replace their jobs were the:.
Answer:
Luddites
Explanation:
Hope its right.
Which scenario is not a violation of your rights as a debtor?
A. A debt collector calls you every hour between 8 a.m. and 3 p.m.
B. A debt collector contacts you at work at 3 p.m.
O C. A debt collector calls you at home at 10 p.m.
D. A debt collector calls you at home at 5:30 a.m.
A scenario that does not describe your rights being violated as a debtor is A. A debt collector calls you every hour between 8 a.m. and 3 p.m.
What are debt collectors allowed to do?Debt collectors are allowed to call you during the daytime from 8 am to 3 pm.
They cannot however call you before 8 am or after 9 pm without your consent as these would be very inconvienient hours. Also, they can't call you at work.
In conclusion, option A is correct.
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What do you start paying taxes
Hi!you start paying taxes because taxes help to support common resources, such as police and firefighters.
the first person that answers ill give u 40 brainlist points hearts and stars
Answer:
Do you need help?
Explanation:
??
Answer:
what do you need help with ??
Explanation:
A sound accounting framework allows for all of the following benefits except: Review Later Identical items being reported on the financial statements of different companies Increased reliability and relevance of financial statements Uniform comparisons between companies Consistency in financial reporting across industries
A sound accounting framework doesn't allows Identical items to be reported on the financial statements of different companies.
What is accounting framework?An accounting framework serves as a published set of criteria that help in measuring , recognizing the information appearing in an entity's financial statements.
Conclusively, accounting framework doesn't support Identical items to be reported on financial statements of different companies.
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At the beginning of year 3 omega company had a $60,000 balance in its accounts receivable account and a $3,000 balance in allowance for doubtful accounts. during year 3, omega experienced the following events. (1) omega earned $200,000 of revenue on account (2) collected $210,000 cash from accounts receivable (3) wrote-off $2,000 of accounts receivable as uncollectible omega estimates uncollectible accounts to be 4% of receivables. based on this information, the december 31, year 3 unadjusted (current) balance in allowance for doubtful accounts account (balance before expense recognition) is: ___________
The December 31, year 3 unadjusted (current) balance in allowance for doubtful accounts account (balance before expense recognition) for Omega Co. is $1,920.
How is the ending balance for allowance for doubtful accounts determined?The ending balance of allowance for doubtful accounts can be determined by recognizing the company's policy towards doubtful accounts.
Some companies use an estimate based on the accounts receivable, credit sales revenue, aging of receivables, etc.
Data and Calculations:Allowance for Doubtful Accounts:
Beginning balance $3,000
Accounts Write-off (2,000)
Ending balance $1,920 ($48,000 x 4%)
Bad Debts Expense $920 ($3,920 - $3,000)
Accounts receivable:
Beginning balance $60,000
Revenue earned = $200,000
Cash collected (210,000
Write-off of accounts (2,000)
Ending balance $48,000
Thus, the December 31, year 3 unadjusted (current) balance in allowance for doubtful accounts account (balance before expense recognition) for Omega Co. is $1,920.
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Splish Brothers Inc. issues $268,000, 10-year, 7% bonds at 97. Prepare the journal entry to record the sale of these bonds on March 1, 2022.
The journal entry to record the transaction is: Debit Cash $259,960; Debit Discount on bonds payable $8,040;Credit Bonds payable $268,000.
Sales of bondsSplish Brothers Inc journal entry
March 1,2022
Debit Cash $259,960
($268,000 × 97%)
Debit Discount on bonds payable $8,040
($268,000 × 3%)
Credit Bonds payable $268,000
(To record sales of bonds)
Inconclusion the entry is: Debit Cash $259,960; Debit Discount on bonds payable $8,040;Credit Bonds payable $268,000.
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Lcpl azimi's base pay is $1800 per month. he also receives partial bah of $10. 00 and bas of $290. his total withholdings are $300. he pays $250 per month for his car payment, $20 per month for a navy marine corps relief quick assist loan and the minimum payment on his credit card is $30 per month. what is azimi's debt to income ratio?
The debt to income ratio of azimi equals 16.67% because his gross income is $1,800 and total debt is $300.
What is a debt to income ratio?Its means the percentage of one' sgross monthly income that goes to paying your monthly debt payments.
Given data
Gross income = $1,800
Total Debt = $300 (250+20+30)
What is the debt to income ratio?= $300 / $1,800
= 0.16667
= 16.67%
Therefore, the debt to income ratio of azimi equals 16.67% because his gross income is $1,800 and total debt is $300.
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The process whereby union and management representatives negotiate a contract for workers is called:.
The process whereby union and management representatives negotiate a contract for workers is called Collective bargaining
What is Bargaining?This refers to the negotiation between different parties where they discuss an outcome in order to arrive at a compromise that would suit all parties involved.
Hence, we can see that because there is a negotiation between both the union and management representatives negotiate a contract for workers to better their lives, this is known as collective bargaining.
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How is capital deepening related to economic growth?
Capital deepening simply increases the marginal product of labor thereby contributing to economic growth.
What is capital deepening?Capital deepening simply means the increase in the proportion of the capital stock in relation to the number of labor hours worked.
In this case, capital deepening simply increases the marginal product of labor thereby contributing to economic growth.
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Name the three major credit reporting agencies
Answer:
Transunion, Equifax, Experian
Explanation:
These are three credit reporting agencies that i can give you.
Taylor Swift Corporation purchases a patent from Salmon Company on January 1, 2020, for $54,000. The patent has a remaining legal life of 16 years. Taylor Swift feels the patent will be useful for 10 years. Prepare Taylor Swift's journal entries to record the purchase of the patent and 2020 amortization. Assume that at January 1, 2019, the carrying amount of the patent on Taylor Swift's books is $43, 200. In January, Taylor Swift spends $24,000 successfully defending a patent suit. Taylor Swift still feels the patent will be useful until the end of 2026. Prepare the journal entries to record the $24,000 expenditure and 2019 amortization.
A) The journal entries to record the purchase of the patent and its 2020 amortization for Taylor Swift are as follows:
January 1, 2020 Debit Patent $54,000
Credit Cash $54,000
To record the purchase of the patent.December 31, 2020
Debit Patent Amortization Expense $5,400
Credit Accumulated Amortization $5,400 ($54,000/10)
To record the amortization expense for the year.B) The journal entries to record the $24,000 expenditure and 2019 amortization for Taylor Swift are as follows:
January 1, 2020 Debit Patent $24,000
Debit Cash $24,000
December 31, 2020 Debit Patent Amortization Expense $6,720
Debit Accumulated Amortization $6,720
Data and Calculations:A) Cost of patent = $54,000
Estimated useful life = 10 years
B) Carrying value of patent = $43,200
Cost of defending patent = $24,000
Transaction Analysis:A) January 1, 2020 Patent $54,000 Cash $54,000
December 31, 2020 Patent Amortization Expense $5,400 Accumulated Amortization $5,400 ($54,000/10)
B) January 1, 2020 Patent $24,000 Cash $24,000
December 31, 2020 Patent Amortization Expense $6,720 Accumulated Amortization $6,720 ($43,200 + $24,000/10)
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Answer:
Her journal entries in 2020 would be Folklore & Evermore Lyrics
Explanation:
yes
Which Information Systems (IS) career oversees integrating different technologies and systems within an organization
The Information Systems (IS) career that oversees integrating different technologies and systems within an organization is that of an IS manager
Who is a Manager?This is a person who is in charge of others in an organization and helps to integrate different aspects of work with the appropriate workers.
Hence. we can see that the Information Systems Manager is the person who is in charge of overseeing and integrating different technologies and systems within an organization
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A ________ system tracks all communications between the company and the customer, the purpose of each communication, and any necessary follow-up.
A 3 year annual coupon bond has coupons of 10 per year starting 1 year from now and matures in 3 years for amount 100. The YTM for the bond is 11.8% effective annual. Find the macaulay duration for the bond
The information given shows that the macaulay duration for the bond will be 2.73.
How to calculate the macaulay duration?From the information, the annual coupon bond has coupons of 10 per year starting 1 year from now and matures in 3 years for amount 100 and the YTM for the bond is 11.8% effective annual.
The Macaulay duration for the bond will be:
= [3 × 100(1/1.18)³ + 10(1/1.18) + 2(1/1.18)² + 3(1/1.18)³] / [100(1/1.18)³ + 10(1/1.18) + (1/1.18)² + (1/1.18)³]
= 261.1/95.7
= 2.73
The macaulay duration for the bond is 2.73.
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