Compton Computers sold a computer (cost of $3,100 ) for $6,500 to a customer. The customer paid cash. The sales price included a one-year contract valued at $216. Compton satisfies the first month of the service contract. The journal entry to recognize one month of revenue from the service contract would be a debit to Service Revenue for $18; a credit to Unearned Revenue for $18.So, the correct option is C. debit to Service Revenue for $18; credit to Uneamed Revenue for $18.
What is Unearned Revenue?Unearned revenue is a liability account used to track the amount of revenue that has been received, but the services have yet to be provided. This is often seen as a liability because the firm has not yet completed the services for which they have been compensated and, as a result, the client is entitled to a refund until the work is done.
What is Service Revenue?Service revenue refers to the fees a corporation receives from providing a service. A company's income statement includes service revenue. It is reported in the operating section of the statement of cash flows, as it is viewed as a core revenue stream for a corporation.
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What happens to air pressure as altitude decreases?
Tenant terrell and landlord lorna enter into a commercial agreement wherein terrell will lease a small office space in a strip mall from lorna for a period of five years. the contract does not have a right of first refusal. terrell does extremely well in the first year and wants to expand into an adjoining space when it becomes free in two months. lorna isn't particularly happy with terrell as a tenant and knows that she can do just as well leasing the space out to someone else. what are terrell's options
After entering into a commercial lease agreement, the answer is since there is no right of first refusal, all Terrell can do is ask Lorna whether she will lease the adjoining space to him.
What is a commercial lease agreement?A commercial lease is an agreement for the rental of property between a landlord and a company. Because renting costs less money than buying, most businesses will prefer to do so. Because the terms are changeable and change significantly from lease to lease, commercial lease agreements are more difficult than residential leases. Understanding the terms of the lease, which outline each party's obligations and rights, is crucial before signing a business lease.Verify that the conditions of a commercial lease agreement will suit the demands of the company before signing. Unfavorable outcomes may result from failing to establish requirements before signing a lease.
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If there are five goods in a barter​ economy, one needs to know ten prices in order to exchange one good for another.​ If, however, there are ten goods in a barter​ economy, then one needs to know​ ________ prices in order to exchange one good for another.
Which of the following is not one of the reasons for financial failure? A. Ignorance of current tax laws B. Failure to establish definite goals C. Procrastination D. Investments in mutual funds
Investments in mutual funds is not one of the reasons for financial failure. Hence, option D is correct.
What is Investments in mutual funds?A mutual fund is a business that collects money from many different sources and uses it to buy securities like stocks, bonds, and short-term loans. All of a mutual fund's holdings are referred to as its portfolio. Investors buy shares of mutual funds.
Mutual funds are typically seen as safe investments with little risk and a great method for investors to diversify. When it comes to fees, a mutual fund might not always be the greatest choice for a market participant.
Although there are many different types of mutual funds, most of them fall into one of four basic categories: stock funds, money market funds, bond funds, and target-date funds.
Thus, option D is correct.
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why does technical analysis receive little support from academically oriented students of investments?
Technical analysis is a trading strategy that analyzes price movements and chart patterns to find trading opportunities and evaluate assets.
Technical analysis: What does it mean?Technical analysis is a trading discipline that is employed in the assessment of investments and the spotting of trading opportunities. This is accomplished by looking at statistical trends in data gathered from trading operations, such as price and volume movement.
The performance of a security on a daily chart, for instance, might be the first thing a trader examines. When determining the best time to buy a stock if it is consistently performing positively, a trader may look at its hourly chart.
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Select the correct answer.
What financing method makes a company declare an initial public offering (IPO)?
A. equity capital
B. government funding
C. bank loan
D. angel investing
The financing method that makes a company declare initial public offering is called equity capital. Hence the correct answer is Option A
What is Equity Capital?Equity can be defined as a type of fund that the public invests in a company after which na certain percentage of the company is allocated to them.
The most common type of equity capital is shareholders equity capital.
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which phrase best explains what a fiscal policy is, based on its use in this sentence from paragraph 6? one of germany's fiscal policies is to collect taxes in many stages during the production of items.
"A policy related to money and finances." is the phrase which best explains what is a Fiscal policy is.
What best describes a fiscal policy?Fiscal policy is basically the use of government spending and taxation to influenced the economy. Governments typically use fiscal policy to promote the strong and sustainable growth and minimize poverty.
What are the 3 goals of using fiscal policy?The goals of both fiscal and monetary policy is to achieve or maintained full employment, to achieve a high rate of economic growth, and to stabilized the prices and wages.
What is the importance of fiscal policy?Fiscal policy is a crucial tool for managing the economy as it has ability to affect the total amount of output produced , gross domestic product. The first impact of a fiscal expansion is to increase the demand for goods and services.
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Active listening is a process of communication in which the listener engages the speaker by repeating or rephrasing the speaker’s words; the listener may also mirror body language or _____.
apathetic behavior
tone of voice
nervous tics
hand gestures
Answer: tone of voice
Explanation:
Active listening refers to a process of communication whereby the speaker is engaged by the listener who repeats the words or statements heard.
Active listening involves the individual listening with all his or her senses and giving the speaker all the attention needed.
In active listening, the listener can mirror the body language or the tone of voice of the speaker. Active listening can be either acquired or developed through constant practice.
Which of the following countries did not trade with the Phoenicians?
O Babylonia
Japan
O Egypt
Greece
An advantage of a corporation is that
A. owners pay fewer taxes than owners of other forms of business.
B. the business is subject to little government intervention.
C. owners have limited liability for debt.
D. owners have direct and immediate control over daily management of the business.
Answer:
C. Owners have limited liability for debt
The balanced scorecard approach involves considering all of the following, except:
a. The customer perspective
b. Employee satisfaction
c. The efficiency of internal business processes
d. An innovation and learning perspective
The balanced scorecard approach involves considering all of the following, except: b. Employee satisfaction.
Employee satisfaction refers to the level of contentment and fulfillment that employees feel in their jobs and with their work environment. It is an important aspect of organizational culture and can have a significant impact on employee engagement, retention, and productivity. When employees are satisfied, they are more likely to feel motivated, committed, and loyal to their organization. They are also more likely to be productive and to provide high-quality work. In contrast, when employees are dissatisfied, they may be less motivated, less committed, and less productive, and may even leave the organization. There are many factors that can contribute to employee satisfaction, including job security, compensation and benefits, opportunities for advancement and growth, work-life balance, job autonomy, and a positive work environment.
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Say you are grocery shopping and you come across an item for which the unit price is not labeled. How can you find the
unit price on your own?
Waylon is back-to-school shopping with his mom at a large department store. He’s picked out the following items: 3 pair of pants for $87 total, 4 t-shirts for $48 total, 1 backpack for $35, 1 hoodie for $26, 1 pair of shoes for $37. When they get to the register, they see this sign:
Answer: uhhhh
Explanation:
Answer: Waylon's Purchase will cost $198.05, and section B depends.
Explanation: Section A is 85% of 233 since thats the total, making the answer to section A $198.05. The answer to section B depends because if he wants more school supplies, then yes, he would want to buy more things for better deals. But if he’s on a budget, then he wouldn't want to spend as much money since saving 20% on something over $300 is more than saving 15% on something over $200. THIS IS ONLY THE ANSWER IF YOU SEE A SIGN IN THE ASSIGNMENT THAT SAYS: Spend $100, save 10%, spend $200, save 15%, spend $300, save 20%, and spend $400, save 30%.
The income tax rate in a state is a flat 10 percent. Based on that rate, who has the higher tax burden?
Annual Income
Alex - $20,000
Beatrice - $190,000
Julio - $80,000
Roberta - $60,000
Alex
Beatrice
Julio
Roberta
Answer:
Beatrice
Explanation: she makes the most money so she has to pay more in tax
Based on the tax rate and the annual income of the people, the person with the higher tax burden is Beatrice.
Flat Rate Tax Refers to when a specific rate of tax is imposed. Leads to those who are paid higher having a higher tax burden. Leads to lower income earners having less money after tax.Beatrice is the highest earner in the group as they earn $190,000. They will therefore have the highest tax burden of $19,000 as opposed to the others who have lower salaries.
In conclusion, Beatrice is correct.
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Please write general information about ( USA economy)
The USA economy is characterized by its strength, innovation, and resilience. It has a diverse range of industries, a strong entrepreneurial spirit, and a global influence on economic trends.
The United States economy is the largest in the world, with a diverse range of industries contributing to its strength. It operates as a market-oriented system, driven by private enterprise and innovation. The country's GDP consistently ranks among the highest globally, reaching approximately $21.43 trillion in 2020. With a strong focus on services, manufacturing, finance, healthcare, technology, and agriculture, the USA offers a wide range of employment opportunities. It is known for its technological advancements, with leading companies shaping the global tech landscape. The USA's financial markets, particularly Wall Street, play a crucial role in global finance. However, the economy faces challenges related to income inequality, healthcare costs, infrastructure, and environmental sustainability, which are subjects of ongoing policy discussions. Overall, the USA economy is characterized by its resilience, entrepreneurial spirit, and global influence.
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How much does it cost to file bankruptcy with a lawyer?.
f Carlin can afford $350 per month, she could have just bought a more expensive house ($94,000 -- one of the nicest houses in her neighborhood!). Do you think she should pay off an expensive house in 30 years? Or, should she pay off a cheaper house in less time with less interest? Explain why you feel that way. How much total interest will she pay over the course of the mortgage for this house?
Answer: she should buy the cheaper house with interest because even with interest its still prob cheaper and you didnt give the interest amount
Explanation:
ideas are: rivalrous. sometimes rivalrous and sometimes nonrivalrous. nonrivalrous. partly rivalrous.
The categorization of ideas as rivalrous or nonrivalrous depends on factors such as exclusivity, availability, and the ability of multiple parties to use the idea without diminishing its value or utility.
Ideas can be categorized as rivalrous, sometimes rivalrous and sometimes nonrivalrous, nonrivalrous, or partly rivalrous depending on the context in which they are used. Rivalrous ideas are those that can only be used by one person or organization at a time, and their use by one party prevents another party from using them. On the other hand, nonrivalrous ideas can be used by multiple parties simultaneously without any negative impact on their use or value. Sometimes, ideas can be partly rivalrous, meaning that some aspects of the idea are rivalrous while others are nonrivalrous. Ultimately, the categorization of ideas as rivalrous or nonrivalrous depends on factors such as exclusivity, availability, and the ability of multiple parties to use the idea without diminishing its value or utility.
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a(n) ________ gives purchasers inflation protection.
a. junk bond
b. floating rate bond
c. income bond
d. zero-coupon bond
b. floating rate bond. A floating rate bond provides purchasers with inflation protection because the interest rate on the bond is adjusted periodically based on changes in a benchmark interest rate such as the LIBOR.
This means that as inflation rises, the interest rate on the bond will also increase, providing investors with a higher return that can help offset the impact of inflation on their investment. A floating rate bond is a type of bond that has a variable interest rate, which is adjusted periodically to reflect changes in a benchmark interest rate, such as the LIBOR. The interest rate on a floating rate bond "floats" with changes in the benchmark rate, so the bondholder receives interest payments that reflect the prevailing market rates.
Because the interest rate on a floating rate bond is not fixed, it provides purchasers with inflation protection. As inflation rises, the interest rate on a floating rate bond also rises, which helps to offset the effects of inflation on the purchasing power of the bond's payments.
Option a, junk bonds, are high-yield, high-risk bonds that typically offer higher returns to compensate for their increased risk. Option c, income bonds, are a type of bond that pays interest only if the issuer's income is sufficient to cover the interest payments.
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Choose the statement that is most correct: Group of answer choices Markets evolve toward greater homogeneity over time. Market segmentation is the search for relatively heterogeneous clusters in a homogeneous market. Most modern marketers reject the idea of segmentation and instead rely on targeting and positioning. A segment is a heterogeneous group of customers, existing and potential, with different needs, values, and responsiveness to marketing variable. Market segmentation is the search for relatively homogeneous clusters in a heterogeneous market.
Answer:
Market segmentation is the search for relatively heterogeneous clusters in a homogeneous market
Explanation:
A market segment defines the group of the customers where the common type of attributes are shared like interest, age, lifestyle, etc. It is applied in the marketing strategies, and its segments in order to help the company for optimizing the product or service that suit to the needs of the given segment
Therefore as per the given options the above should be the answer
GIVE ME 5 SENTENCES ABOUT LASSEZ-FAIRE LEADERSHIP STYLE WITH EXAMPLES PLEASE!!
Answer:
Laissez-faire leadership, also known as delegative leadership, is a type of leadership style in which leaders are hands-off and allow group members to make the decisions. Researchers have found that this is generally the leadership style that leads to the lowest productivity among group members.
The examples: Herbert Hoover. Our 31st president was well-known for having a laissez-faire approach in politics. He used this leadership style as he trusted his teams and their experience and was extremely successful with this leadership approach.
Explanation:
In which market would a producer sell bicycles to consumers?
In the markets for goods and services, a producer would sell his bike for purchase by customers.
What is the market for goods and services?Consumers buy consumables on the products and services market, and firms sell their commodities there. The market encompasses physical stores, the Internet, and any other location where consumers can exchange products and services.
The trading of finished goods takes place here. Businesses receive payment from customers in exchange for goods. The consumer gives money to the business in a flow. In contrast to this, enterprises can buy the materials they need on the factor market to make an item.
The rule of supply and demand governs how much is produced and at what price in the market for products and services.
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The geometric average annual return for a large capitalization stock portfolio is 10% for ten
years and 6% per year for the next five years. The geometric average annual return for the entire
15 year period is ________.
A) 9.08%
B) 8.65%
C) 8.22%
D) 9.52%
Answer:
B) 8.65%
Explanation:
Geometric Average Return = [(1 + r1) * (1 + r2) * - - - - - * (1 + rN)]1/N - 1
Geometric Average Return = [(1 + 0.10)^10 * (1 + 0.06)^5]^1/15 - 1
Geometric Average Return = [1.10^10 * 1.06^5]^1/15 - 1
Geometric Average Return = [2.59374*1.33823]^1/15 - 1
Geometric Average Return = (3.471021)^1/15 - 1
Geometric Average Return = 1.08650188155 - 1
Geometric Average Return = 0.08650188155
Geometric Average Return = 8.65%
types of insurance plz in detail
Answer:
health insurance life insurance car insurance etc
Explanation:
health issues they give money
money on customers death
money for car damage fix
If Julie spends the weekend working, should she later initiate an executive discussion of the bank’s espoused values and principles in regard to issues of work–life balance for their employees? Support your position.
Answer:
Yes she should.
Explanation:
Julie should initiate an executive discussion of the bank's values and principles that support issues of work life because according to the above scenario, she has been at work during weekends hence does not have time for her family. While everyone knows that family comes first, the issue of work life balance must be taken seriously because asides the time for annual vacation, the only other time she has for her family is on weekends.
Julie should inform them of how hardworking she has been and working on weekends means she will no longer have time for her family hence could drift them apart. Also, she should explain how she value her life hence needed to also rest on weekends. Where all of theses discussions are not acceptable by the management or they rather insisted she works on weekends, then she might have to call it quit, which shows that the management does not stay true to their commitment on issues of work life balance for their employees.
With a partial trade agreement
A) goods and services are allowed to cross boundaries without tariffs.
B) two or more countries agree to liberalize trade in a selected group of categories.
C) two or more countries set common tariffs toward non-members.
D) two or more countries allow the free mobility of inputs such as labor and capital.
E) two or more countries agree on establishing a common currency.
Answer:
B) two or more countries agree to liberalize trade in a selected group of categories
Explanation:
A partial trade agreement occurs when trade liberalisation occurs in respect of some of the restrictions placed on some commodities or categories.
Trade liberalisation occurs when countries that are trading with one another decide to reduce or remove restrictions that will affect free exchange between the nation.
Such restrictions include tariff, licencing and quotas.
Identify four of Jerusalem's holy sites. To which religion is each site sacred, and why is it considered important?
The list of the Jerusalem's holy sites are as follows:
The temple mount which is an ancient elevated platform lies in the southern-eastern corner of the old city.The western wall, which forms a part of the temple of the western flank and is one of the holiest sites of Judaism.The church of Holy Sepulcher that is located in the heart of the city.The Mount Zion that connects the old city of Zion is an important site for the Jewish and christen faiths.Explanation on Jerusalem's holy sites:The "Jerusalem" is one of the oldest & holiest cities in the world and home to the most important religious sites for Muslims, Jews, and Christians.
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. Which of the following accounts is increased by a credit entry? Sales Revenue b. Salary Expense d. Dividends 8. The purchase of office equipment on credit has what effect on the accounting equation? a. decrease and stockholders' equity decreases b. Liabilities increase and equity decreases c. Assets increase and liabilities increase d. Assets decrease and liabilities decrease 9. On January 1, 2014, A-Best Company's balance in retained earnings was $70.000 the end of the year, December 31, 2014, the balance in retained earnings was $94,000, During 2014, the company earned net income of $40,000. How much were dividends? a. 16,000 c, $40,000 b. $24,000 d. $64,000 10. The record used to accumulate monetary information for each individual asset, liability, stockholders' equity, revenue, and expense item is a(an) a. Account b. General Journal c, General Ledger d. Chart of Accounts 11. Debit entries are used to c, increase liability accounts a, increase asset accounts d. increase revenue accounts b. decrease expense accounts 12. Aloha Company reports the following information at December 31, 2014: Revenue $150,000 30,000 Cash 40,000 Accounts payable 10,000 Dividends 85,000 Expenses What is Aloha Company's net income? c. 55,000 d. $65,000 a. b. 45,000 13. Which financial statement would you refer to in order to determine whether a owed funds creditors? c. Income Statement a. Balance Sheet Statement of Public Accounting b. Statement of Retained Earnings d. Statement of Public Accounting
7. Dividends are increased by a credit entry, as a credit to the Dividends account represents money that is paid out to shareholders. The correct answer is d. Dividends.
8. When office equipment is purchased on credit, the Assets account decreases and the Liabilities account increases, as money is owed to the creditor. The correct answer is d. Assets decrease and liabilities increase.
9. The increase in retained earnings from $70,000 to $94,000 represents the net income of $40,000 less the dividends of $24,000. Therefore, the total amount of dividends paid out by A-Best Company during 2014 was $24,000. The correct answer is b. $24,000.
10. The General Ledger is the record used to accumulate monetary information for each individual asset, liability, stockholders' equity, revenue, and expense item. The correct answer is c. General Ledger.
11. Credit entries are used to increase liability accounts and decrease asset accounts, as a credit to a liability account represents money that is owed, while a credit to an asset account represents money that is paid out. The correct answer is a. increase asset accounts.
12. The correct answer is b. 45,000. Aloha Company's net income for the year can be calculated by subtracting the expenses from the revenue. In this case, expenses are 85,000 and revenue is 150,000, resulting in a net income of 65,000 - 85,000 = 45,000.
13. The correct answer is a. Balance Sheet. The balance sheet is the financial statement that would be used to determine whether a company owes funds to creditors. The balance sheet provides a snapshot of a company's financial position at a given point in time, showing the total assets, liabilities, and equity of the company. The liabilities section of the balance sheet will show any outstanding debts or obligations that the company has to its creditors.
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A sophisticated client has expressed an interest in becoming more aggressive with their investment strategy. Her current portfolio consists of the following: $50,000 cash $200,000 in retirement accounts $100,000 in various individual stocks in different industries $100,000 in a balance fund She is willing to invest $25,000 for a minimum of 7 to 10 years and accepts that the investment can and will fluctuate in value over time. What investments would be the most appropriate?
Answer:
No options are available, but I would advice her to invest in a mid-cap growth fund. Mid-cap growth funds generally invest in stocks that are in the middle of the stock indexes like S&P 500, and they have a larger potential of growth than large-cap stocks. If she is willing to accept a higher risk, she could also invest in a small-cap growth fund since those stocks have an even larger growth potential.
Since the client knows that this investment carries a certain risk, and its value could vary a lot in time, it is a good option for her. Obviously she wants to make more money but she will need to take more risks also.
At the age of 65, Al, a widower, decides to annuitize his deferred annuity. He wants income for life, in the largest amounts possible. Which of the following settlement options should he elect to meet these two objectives? a. a joint and survivor payout b. a life with 20-year certain payout c. a 20-year term certain payout d. a straight life payout
With a straight life payout, Al will receive income for the rest of his life, with no guarantees or additional beneficiaries. To meet Al's objectives of receiving the largest amounts of income for life, the most suitable settlement option would be: option (d), a straight life payout.
The payments will continue until Al's death, providing maximum income during his lifetime. This option provides the highest possible income because there are no additional provisions for a survivor or a certain term. Other options such as a joint and survivor payout (a) would provide income for Al's lifetime and then continue to a beneficiary after his death, but the initial income amount would be lower. Similarly, a life with a 20-year certain payout (b) or a 20-year term certain payout (c) would have guaranteed payments for a specific period but would result in lower initial income compared to the straight life payout. Therefore, in order to maximize income for life, Al should elect option d. a straight life payout.
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