A disadvantage of corporation form of business organization additional taxes and the fact that math is essentially the only tool available to determine a tax bill are some of the drawbacks of the corporate. The correct answer is a. the limited liability of its stockholders.
You have paid more in taxes than you should have for the year. This often means that insufficient funds were taken out of your paycheck to cover taxes. your refund exceeds the total amount owed on all outstanding tax liabilities, accruals included, you will receive a refund of the excess unless other past-due debts.
As state income taxes, child support, student loan payments, or other federal nontax obligations, are deducted from any refund. A company or organisation that is administered as a separate legal entity from the people who own it is said to have a corporate form of ownership a company that is a legal entity was established with the intention of making money for its owners, including investors and shareholders. The capacity to easily transfer ownership, the owners' restricted liability, and the fact that corporations typically last foreve are only a few benefits of corporations.
Complete question:
A disadvantage of corporation form of business organization is: multiple choice question.
a. the limited liability of its stockholders.
b. the ease of transferring ownership.
c. the high cost of formation.
d. professional managemen
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Fiat money Select one: a. has no intrinsic value. b. is any close substitute for currency such as checkable deposits. c. is a medium of exchange but not a unit of account. d. is backed by gold.
Answer:
is a medium of exchange but not a unit of account
T/F : sometimes a change in estimate and a change in accounting principle are undistinguishable therefore a company should account for the change as a change in accounting principle. o true o false
False. Sometimes a change in estimate and a change in accounting principle can be distinguished from each other, and it is important for a company to appropriately account for each type of change.
A change in estimate refers to a revision in an accounting estimate due to new information or developments. It does not involve a change in accounting principle, but rather a reassessment of the expected outcome or measurement of an existing estimate.
Examples of changes in estimate include adjustments to the useful life of an asset, provisions for doubtful debts, or fair value measurements. On the other hand, a change in accounting principles involves adopting a different accounting method or treatment for specific transactions or events.
It results in a fundamental shift in the way certain items are recognized, measured, or presented in the financial statements. An example of a change in accounting principle is transitioning from the cash basis of accounting to the accrual basis.
While there may be instances where it is difficult to distinguish between a change in estimate and a change in accounting principle, it is crucial for a company to make a reasonable assessment based on the specific circumstances.
Inaccurately categorizing a change as a change in accounting principle could misrepresent the financial statements and lead to inconsistencies in reporting.
Therefore, it is important for companies to carefully evaluate and appropriately account for each type of change to ensure accurate and transparent financial reporting.
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Information related to Harwick Co. is presented below.
A. Prepare the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
B. Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15. Prepare the journal entry to record this payment.
1. On April 5, purchased merchandise from Botham Company for $23,000, terms 2/10, net/30, FOB shipping point.
2. On April 6, paid freight costs of $900 on merchandise purchased from Botham.
3. On April 7, purchased equipment on account for $26,000.
4. On April 8, returned damaged merchandise to Botham Company and was granted a $3,000 credit for returned merchandise.
5. On April 15, paid the amount due to Botham Company in full.
E5-2 General Journal
Date Account Titles Debit Credit
(a)
Apr. 5
6
7
8
15
(b)
May 4
Answer:
A.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
Cr Cash $19,600
Cr Merchandise inventory $400
B. Dr Accounts payable $20,000
Cr Cash $20,000
Explanation:
A. Preparation of the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
($23,000-$3,000)
Cr Cash $19,600
[$20,000*(100%-2%)]
Cr Merchandise inventory $400
($20,000-$19,600)
B. Preparation of the journal entry to record this payment Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15.
May 4
Dr Accounts payable $20,000
Cr Cash $20,000
($23,000-$3,000)
Alicia is conducting research on consumer behavior. The study requires her to note the number of people who shop at Fresnas Mart, a grocery store, in the afternoons during weekdays. She also needs to pay attention to the customers' preferred brands, the customer service, and the arrangement of items in the store. She needs to conduct the study without interacting with the customers so that she does not influence their behavior and choices. In this scenario, Alicia is conducting a(n) _____.
Answer:
Observational study.
Explanation:
In Statistics, sampling can be defined as a process used to collect or select data (objects, observations, or individuals) from a larger statistical population using specific procedures.
There are various types of sampling used by researchers and these are;
1. Random sampling.
2. Systematic sampling.
3. Stratified sampling.
4. Cluster sampling.
5. Opportunity or convenience sampling.
An observational study can be defined as a type of study in which a researcher observes and measures the effect of a diagnostic test, risk factors, or treatments on individuals without intervening, changing or manipulating who are or aren't exposed to it (controlled conditions).
In this scenario, Alicia is conducting an observational study because the study was required to be conducted without interacting with the customers so as to avoid influencing their behavior and choices.
Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. Lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. If she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?
Answer: 40 pounds
Explanation:
Given the following :
Ordering cost = $10 / order
Carrying cost = 4 cents per pound per day
Cost of pepperoni = $3 per pound
Daily demand = 20 pounds
Order quantity = 80 pounds
Average inventory level at the time in which 80 pounds of pepperoni was ordered is given as
Average inventory level is given as :
Order quantity / 2
80 pounds / 2 = 40 pounds
Dibert Inc. has provided the following data concerning one of the products in its standard cost system. Inputs Direct labor Standard Quantity or Hours per Unit of Output 0.70 hours Standard Price or Rate $20.40 per hour The company has reported the following actual results for the product for February: Actual output Actual direct labor-hours Actual direct labor cost 5,100 units 3,380 hours $ 74,698 The labor efficiency variance for the month is closest to: $4,199 F $4,199 U $3,876F $3,876 F $3,876 U
The labor efficiency variance for the month is closest to $3,876 F.
The labor efficiency variance measures the difference between the actual hours of direct labor used and the standard hours of direct labor allowed for the actual output. It helps assess how efficiently the company utilized its labor resources compared to the standard expectations.
To calculate the labor efficiency variance, we multiply the difference between actual hours and standard hours by the standard labor rate. In this case, the standard labor hours per unit of output are 0.70 hours, and the standard labor rate is $20.40 per hour. The actual output for February was 5,100 units, with actual direct labor hours of 3,380 hours.
Standard hours allowed = Standard hours per unit of output * Actual output
= 0.70 hours * 5,100 units
= 3,570 hours
Labor efficiency variance = (Actual hours - Standard hours allowed) * Standard labor rate
= (3,380 hours - 3,570 hours) * $20.40 per hour
= -190 hours * $20.40 per hour
= -$3,876
Since the variance is negative, it means that the actual hours of direct labor used were less than the standard hours allowed, resulting in a favorable labor efficiency variance. Therefore, the labor efficiency variance for the month is closest to $3,876 F.
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It is a strong drive to achieve goals and objectives through focus and proactive follow-through.
a.
Consistency
b.
Coordination
c.
Competence
d.
Commitment
Answer:
C
Explanation:
Competence gives you the ability or skill to do something
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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COLLAPSE What are the advantages and disadvantages of taking an IT Services Management perspective when looking at an organization's IT? Should companies be encouraged to view their IT function from a services perspective?
Taking an IT Services Management perspective when looking at an organization's IT has several advantages. Firstly, it helps in aligning IT services with the business objectives of the organization, ensuring that the IT function is focused on delivering value to the organization.
This perspective also promotes a customer-centric approach, where the IT department treats other departments as its internal customers, leading to improved service delivery and customer satisfaction.
Another advantage is that it enables effective IT governance and control. By adopting IT Service Management practices such as ITIL (Information Technology Infrastructure Library), companies can establish standardized processes, procedures, and metrics to monitor and manage their IT services. This leads to increased efficiency, reduced downtime, and better risk management.
However, there are also disadvantages to consider. Implementing IT Service Management can be complex and requires significant investment in terms of resources and training. It may also result in additional bureaucracy and overhead, slowing down decision-making and agility. Additionally, companies need to carefully evaluate whether the benefits of adopting this perspective outweigh the costs and potential disruptions to their existing IT operations.
In conclusion, companies should be encouraged to view their IT function from a services perspective as it offers advantages like alignment with business objectives, improved service delivery, and effective IT governance. However, careful consideration should be given to the potential disadvantages and the specific needs of the organization before adopting this perspective.
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4. Identify the accounts affected by the following transaction and show action to take in recording
the accounts in the double entry system.
Transaction
Account to be
credited
Account to be
debited
(i) Owner put cash into business.
(ii) Bought goods for cash.
(iii) Sold goods for cash.
(iv) Received cash for rent.
FDM
(v) Owner withdraws cash from business
for personal use.
Answer:
Explanation:
A debit entry represent an increase while a credit entry represents a decrease in an expense and asset account . but in a liability and capital account , a credit entry increases and a debit entry decreases the balance
1) Owner put cash into business
Account to be credited Account to be debited
Capital (increases ) Cash (increases)
2)Bought good for cash
Cash (decreases) Merchandise Inventory (increases)
3) Sold goods for cash
Merchandise inventory(decreases ) Cash (increases)
4)Received cash for rent
Rental income(increases) Cash ( increases)
5)Owners withdraw cash
Cash (reduces) Drawing (increases)
Machvile Corporation, a robotics company, decides to acquire Chancera Inc., a start-up company that operates within the same industry. To better assess its decision, the management of Machvile Corporation needs to find out the value of Chancera Inc.'s total assets. The management has information regarding Chancera Inc.'s liabilities and stockholders' equity. In this scenario, the management should most likely use the _____ to get the required information.
Answer: Accounting equation
Explanation:
The accounting equation is a proposition or formula that accesses a company's assets by summing up it's equity and liabilities. It means that the equity of a company would equal it's assets minus liabilities.
Machvile Corporation can access properly the worth of Chancera Inc.'s by using the Accounting equation, weighing their assets and leaving out their liabilities.
What is the purpose of active listening?
Explanation:
Active listening serves the purpose of earning the trust of others and helping you to understand their situations. Active listening comprises both a desire to comprehend as well as to offer support and empathy to the speaker.
Gaining others' trust and gaining insight into their circumstances are two benefits of active listening. Both a want to understand and a desire to support and empathize with the speaker are components of active listening.
What are components?A component is an identifiable portion of a larger program or construction in the programming and engineering fields. A component often performs one specific function or a set of related functions. A component is something that is a piece of a bigger whole. An example of a component is a CD player in a stereo system. An illustration of a component is an ingredient in a recipe. Noun.
Abiotic factors are non-living parts of an ecosystem that have an impact on their surroundings. Terrestrial ecosystems can be characterized by factors like temperature, light, and water. Ocean currents and salinity are examples of abiotic components in a marine ecosystem.
Active listening is a technique for listening to and responding to another person that enhances comprehension between the two parties. To diffuse the situation and look for solutions to issues, it is crucial to take this initial move. Students will learn what active listening is in this session and why it is crucial for handling disagreements.
Therefore, the speaker is a component of active listening.
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The consumer price index is __
Answer:
The consumer price index is a systematic calculation used to estimate price increases in a basket of goods and services that are indicative of consumption expenditure in the economy.
Explanation:
The Consumer Price Index refers to a metric used to determine the weighted average price of a set of consumer goods and services, such as food, transportation, and healthcare. CPI is accountable for monitoring the change in retail prices of fundamental and everyday goods and services purchased by households across the world. Changes in the CPI are required to measure increases in the price of living. The CPI is one of the most commonly used indicators for the detection of inflation or deflation cycles.
1. What is the author trying to say in comparing Becky's world with Desta's world?
Help me
Answer:
The author is trying to say that the living standards of different classes of people depend on the economic choices they make and the economy of the nations they find themselves in.
Explanation:
The topic, "Mathematics and Economic Reasoning," began by comparing the world's of two girls namely Becky and Desta. Becky who lives in America has a good and comfortable living standard. Her father works at a good law firm where he earns well enough to cater for his family. He has some savings, insurance, two cars, and a partially mortgaged house.
Desta, on the other hand, lives in a poor village in Ethiopia where her family depend on farming to survive. They have no running water, electricity, adequate healthcare, enough food, etc. The author drew these comparisons to show that the environment a person finds himself can affect his economic standard of living.
Which job in the Finance career would typically have one of the highest levels of schooling?
Credit Checkers
Insurance Claims Clerk
Brokerage Clerk
Business Financial Manager
Answer:
A Business Financial ManageR
HOPE THIS HELPS! :DA job in the Finance career would typically have one of the highest levels of schooling is Business Financial Manager. Thus, option 4th is correct.
What is a Business financial manager?Financial managers usually control an organization's financial health and assist maintain its long-term survival. They oversee critical operations such as cash flow monitoring, evaluating profitability, controlling spending, and generating correct financial information.
A Financial Manager is an important decision-maker in a company. They analyze data and advise senior management on profit-maximizing ideas, which may assist optimize corporate earnings over time by making wise judgments about investments or spending cash to maximize return on investment.
Business Financial Manager is a position in finance that normally requires one of the highest degrees of education. As a result, option 4 is correct.
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PLEASE HELPPPPP due by tomorrow pleaseeee
write a one-page report that details the individual’s job position, education, and career training, current job responsibilities, and what the person enjoys the most about the job position.
The job description contains sufficient information to describe major responsibilities and essential functions as they exist today. They provide the information necessary to classify the position, not the person; thus they are “incumbent neutral” and not based on any specific quality of an incumbent (such as knowledge, skills, abilities, performance, dedication, loyalty, years of service, or degree). The document should not include every detail of how and what work is performed so that it remains useful even when minor changes occur. Job descriptions can be written as a joint effort between supervisor and employee, but the supervisor must approve.
Suppose you work for a bank and are responsible for determining whether you should give someone credit. Create a list of the top three questions you would
ask prospective borrowers and post them to the discussion board. Make sure to explain why you think these three questions are important in determining
whether or not a potential customer is a good credit risk.
Answer:
-How much money do you need?
-How much income do you make?
-How much debt do you have?
Explanation:
The top three questions that I would ask prospective borrowers are:
-How much money do you need?
This question allows the lender to know the amount of money the borrower requires and this is crucial to make an evaluation with the income and debts to determine if the lender would approve the loan. For example, a borrower may need an amount that he can easily pay back with his salary.
-How much income do you make?
This question is important to the lender because it allows to find out if the borrower's income would allow him/her to make the monthly payments which decreases the risk.
-How much debt do you have?
It is important to know the amount of debt the borrower has because the higher amount of debt he/she has, it would be harder to pay the loan and evaluating this allows to decrease the risk of the borrower not paying back.
What are equity investments
Answer:
equity investment is money that is invested in a company by purchasing shares of that company in the stock market.
Explanation:
These shares are typically traded on a stock exchange.
Suppose that the demand curve for chairs in Euroland is given by QD = 800,000 − 6,000P, and that the supply curve is given by QS = 14,500P - 225,000. The equilibrium price is €50. The government is thinking about imposing a tax of €10 on chairs. The price received by suppliers after the tax is
Answer:
€57.07
Explanation:
Given that:
The equilibrium price = € 50
Suppose that the government is imposing tax of €10 on chairs;
Then:
QS = 14500(P-10) - 225000
QS = 14500P- 145000 - 225000
QS = 14500P - 370000
Now, we have to equate QD with the new QS
By equating both together, we have:
800000 - 6000P = 14500P - 370000
Collect like terms
800000 + 370000 = 14500P + 6000P
1170000 = 20500P
Making P the subject of the formula;
P = 1170000/20500
P = € 57.07
This implies the price received by suppliers after the tax is €57.07.
Profit is revenue minus expenses. If your profit is $3,000 and your revenue is $50,000, what are your expenses?
2. The average national utility price is $270. 48. Over a 6-month period, what is the average utility price in Dallas? How does this compare with the national average? a. $1,956; higher than the national average b. $326; higher than the national average c. $163; lower than the national average d. $333; higher than the national average.
The average national utility price is $270.48 Over a 6-month period,then the average utility price in Dallas will be $326 which is Higher than the national average.
What utility price?Utility Costs conveys utility and home energy costs incidental to the residency of rental place Examples:Electricity, gas, water and drain, waste separation, and energy costs such as fuel oil, etc. that are separately-stated complaints.
In simple words, The overall cost of living in the City is higher than the national average because it is one other most economically booming cities in the states.Amusement in the cities and daily utilization from families in higher economic set brought to this number.Therefore, the option [B] is correct, means $326 which is higher than the national average.
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Brock Morton has a fast-food franchise and must pay a franchise fee of $45,000 plus 4% 8) of gross sales. In terms of cost behavior, the fee is known as a: A) variable cost. B) curvilinear cost. C) step-fixed cost. D) semivariable cost E) fixed cost.
The fee which Brock Morton, the owner of the fast-food franchise must pay, is $45,000 plus 4% of gross sales. The cost behaviour of this franchise fee is known as step-fixed cost.
Step-fixed costs are expenses that do not vary with a change in sales volume, but instead increase in steps as volume increases beyond certain limits. These costs, also known as semi-fixed costs, are fixed for a range of production or sales levels. Once the limit is exceeded, however, there is a sudden increase in cost that corresponds with the next range of activity. Step-fixed costs are considered a combination of fixed and variable costs. This is because they have both a fixed and variable component. This is due to the fact that the total cost of this cost component increases in fixed amounts over certain ranges of sales volume while being constant over other ranges. Because of this, step-fixed costs can be included in either the fixed or variable cost classifications, depending on the level of analysis being used. In this case, the franchise fee of $45,000 plus 4% of gross sales is an example of a step-fixed cost.
In conclusion, it can be stated that the cost behavior of the fee which Brock Morton, the owner of the fast-food franchise must pay, is known as step-fixed cost.
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how to get money with clients
like how to get good business when you are starting your shop " like "douats shop
how ca you get money
The investors or clients are one of the sources of business, they provide monetary help and also expert advise for the development of the company. The clients can invest more only when they feel that it is worth to spend there capital on the firm.
Investors or clients must be assured that the amount of money they are investing must bring them good returns in the form of dividends. The returns to clients are called as dividends which is considered as the output for the risk and effort spent by the clients. The clients will invest when they feel that the business is stable and can run for long period of time. The main points that can be considered by the clients are:
Goodwill of the companyFinancial positionMarket valueMethod of treating the assets and liabilityMaintenance of records The relationship with customersLegal activityThe relationship between the government and other employees.If a Donut shop is started then the clients can be attracted by the innovative ideas that is used by the firm to attract the prospective buyer from the shop. Also it is essential to maintain the profitable margin and reduce the cost with optimal level of production of the product. Then the clients will get the confidence to invest more and the shop gets the raise in the capital for a long period of time.
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Discuss reasons why a business might choose to sell direct to customers through a website with e-commerce facilities, as opposed to through fixed (physical ‘bricks and mortar') premises.
Answer:
Businesses might prefer selling direct to customers through a website with e-commerce facilities because:
1. For covering a wider distance, distance is not a barrier.
2. For flexibility for customers, as some e-commerce even accepts cryptocurrency payments.
3. For product and price comparison.
4. For saving cost incurred from having fixed (physical ‘bricks and mortar') premises.
5. For saving the cost of paying workers.
6. For maintaining social distancing protocol given by the government especially during the pandemic. This doesn't put anyone at risk.
Explanation:
The question above asks for justifications why a business might choose to sell direct to customers through a website with e-commerce facilities rather than selling to customers through fixed (physical ‘bricks and mortar') premises.
First, selling to customers through a website with e-commerce facilities involve virtual transactions with customers paying for goods and services they are interested in over the internet. With this, customers can pay with their bank cards through e-commerce websites. While selling through fixed (physical ‘bricks and mortar') premises involve direct contact in-person with the customer and possibly payment is made in cash or through any other accepted methods.
the process by which a loan principal decreases over the life of a loan is known as what...?
The process by which a loan principal decreases over the life of a loan is known as "amortization."
A loan refers to the borrowing of money from a lender with the agreement to repay it over time, typically with interest. Loans are widely used by individuals, businesses, and governments to finance various needs, such as purchasing a home, funding education, expanding a business, or covering unforeseen expenses. The terms of a loan typically include the principal amount borrowed, the interest rate, the repayment period, and any associated fees or charges. Loans can be secured, meaning they require collateral, or unsecured, relying solely on the borrower's creditworthiness. Timely repayment of loans is crucial to maintaining good credit standing, while defaulting on loans can lead to financial repercussions and impact future borrowing opportunities. Lenders evaluate borrowers' creditworthiness, income stability, and ability to repay before approving a loan.
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List the steps required for detecting errors when a trial
balance does not balance. Think about the posting procedure and the
information about detecting errors in trial balances.
By following these steps, you should be able to detect errors when a trial balance does not balance, and then make the necessary corrections to ensure accuracy in your financial records.
Here are the steps, considering the posting procedure and information about detecting errors in trial balances:
1. Recheck the arithmetic: Ensure that the calculations for the sum of debit and credit columns in the trial balance are accurate.
2. Verify the account balances: Re-examine the ledger accounts to make sure that the balances for each account have been accurately transferred to the trial balance.
3. Review the posting process: Carefully analyze the journal entries to confirm that they have been correctly posted to the relevant ledger accounts as debits or credits.
4. Inspect for missing entries: Look for any journal entries that may have been inadvertently omitted while preparing the trial balance.
5. Double-check for transposition errors: Confirm that there are no errors in transferring figures from the ledger accounts to the trial balance. Transposition errors occur when two digits are reversed, such as writing "42" instead of "24".
6. Ensure correct account classification: Make sure that each account has been classified correctly as an asset, liability, equity, revenue, or expense.
7. Reevaluate the balancing process: Review the procedure followed while balancing each ledger account to ensure it has been done accurately.
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Liability insurance is…
A. Insurance that will pay for damage to your car in the event of an accident
B. Insurance that will cover injuries to yourself in the event of an accident
C. Insurance that will pay for damage done by someone who doesn’t have insurance
D. Insurance that will pay for injury to another driver and/or damage to their car if you are in an accident
Answer:
D
Explanation:
Liability means being responsible for something, usually by law, so liability insurance is when insurance protects you from charges from the other party's injuries and/or damage to their car in the case of an accident.
Answer:
D. Insurance that will pay for injury to another driver and/or damage to their car if you are in an accident
Explanation:
you recently finished an essay on the milky way galaxy in google docs, but you can’t locate the file anywhere on your Google Drive. What should you do?
Answer:
Google docs
Explanation:
Have you checked your files on your google docs or if they aren't there try searching for them on your phone.
Answer:
In Google Drive, enter a keyword in the search bar and press Enter. A list of files and folders matching your keyword search appears.
Select a folder or any type of file. ...
You can also select a folder or a Google file, right-click and select Show file location
Norm worked as a sales person for his firm. When he turned fifty, the office had a party for him. His boss made a lot of jokes about Norm getting too old to keep up with the younger staff. Those comments continued past the party for several months. Norm was fired six months later. When he filed a complaint for age discrimination, the boss defended his actions by saying Norm was fired for not meeting sales quotas. Norm had missed his quota for only one month, and he provided evidence that younger employees who had missed up to three months of the quotas were not terminated. Norm is attempting to show that:
Answer: the employer's defense was a pretext.
Explanation:
Norm providing evidences that him being fired was unfair shows that Norm is attempting to show that the employer's defense was a pretext.
A pretext simply refers to a false reason which covers the true intentions or motives of an employer. In this case, the employer didn't fire Norm because he didn't meet his sales quota but fired him because of his age.
Therefore, all the defense given by the employer shows that his defense was a pretext.
If you were to own a stock that offers voting rights and may pay dividends, you would most likely own ________ stock. Question 51 options: preferred common mutual fund bond-value None of these
If you were to own a stock that offers voting rights and may pay dividends, you would most likely own common stock.
The answer is option B.
Common stock is the most common sort of stock that is issued via companies. It entitles shareholders to share the employer's income through dividends and/or capital appreciation. Common stockholders are typically given vote casting rights, with the number of votes without delay associated with the number of shares owned.
Preferred stock is normally considered much less risky than common stock however commonly has much less capability for profit. Favored stockholders commonly do now not have voting rights, as commonplace stockholders do, but they have an extra claim to the company's belongings.
The principle difference between preferred and common inventory is that desired stock offers no voting rights to shareholders even as not unusual inventory does. preferred shareholders have precedence over an employer's profits, which means they're paid dividends before commonplace shareholders.
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