Answer:
Debit Cash $120,000, credit Notes Payable $120,000
Explanation:
The ______ is when a higher price level reduces the purchasing power of the public's accumulated savings balances. Multiple choice question. international-trade effect real-balances effect price-level effect interest-rate effect
Answer:
Explanation:
Hi
The price-level effect is regarded as a situation in which the purchasing power of the customer of its total accumulated savings balances.
How does price level affect the purchasing power of a person?Price level refers to an amount for which a certain product is available for sale. It is assumed that the savings of the consumer who is willing to buy does NOT change in the meanwhile.
If the price level of a product decreases, the net disposable income in the hands of a consumer will ultimately increase. Similarly, when the price level is higher, the net disposable income in the hands of the consumer is reduced, leading to a decrease in its purchasing power.
For example, when the savings of a person is 100 and the Product A costs 50 the consumer buys 2 units; When the prices are increased to 100, now the consumer can buy only 1 unit of Product A, indicating a decrease in the purchasing power of the person.
Hence, the price level effect is when the higher price level reduces the purchasing power of the public's savings.
Learn more about purchasing power here:
https://brainly.com/question/24780427
Brooklyn is paid biweekly. Her annual salary is $63,700. What is her biweekly gross pay?
Brooklyn's biweekly gross pay, given the amount that she is paid annually, is $ 2, 450
How to find the biweekly gross pay?A person's biweekly gross pay is the amount that they are paid every 2 weeks that is not adjusted for taxes and other deductions.
In a year, the number of two week periods are :
= Number of weeks / 2
= 52 / 2
= 26 biweekly periods
The biweekly salary of Brooklyn is therefore :
= Annual salary / number of biweekly periods
= 63, 700 / 26
= $ 2, 450
Find out more on biweekly gross pay at https://brainly.com/question/28772792
#SPJ1
Which one is not a Function in MS Excel?
MAX
ARG
MIN
SUM
A pleasant smile, eye contact, and a firm handshake are examples of _____.
A.crafting a logical argument
B.probingdone
C.nonverbal communication
D.consultative selling
Answer:
Nonverbal Communication
PLEASE HELP IT IS URGENT DO NOT WASTE ANSWERS
English Approach to Delivery of Possession
The English approach to the delivery of possession involves two key concepts: "actual possession" and "constructive possession." In this approach, the transfer of property ownership requires the physical delivery of possession from the seller to the buyer.
Actual possession occurs when the buyer takes direct physical control of the property, such as receiving the keys to a house. Constructive possession, on the other hand, takes place when the seller provides the buyer with the means or opportunity to access and control the property, such as handing over legal documents.
In both cases, the transfer of possession is a crucial aspect of the English property law, ensuring the buyer's legal rights and protections.
To know more about possession, refer to the link:
https://brainly.com/question/28262043#
#SPJ11
Which of the following is not a factor that indicates a business enterprise that establishes a variable interest entity (VIE) should consolidate such VIE with its own financial statements?
a. The business enterprise establishing a VIE has the obligation to absorb potentially significant losses of the VIE.
b. The business enterprise establishing a VIE receives risks and rewards of the VIE in proportion to equity ownership.
c. The business enterprise establishing a VIE has the right to receive potentially significant benefits of the VIE.
d. The business enterprise establishing a VIE has power through voting rights to direct the entity's activities that significantly impact economic performance.
e. The business enterprise establishing a VIE is a primary beneficiary for the VIE
Factor b, indicates that the business enterprise receives risks and rewards of the VIE in proportion to its equity ownership.
This factor suggests that the business enterprise has a passive investment in the VIE rather than control or significant involvement. As a result, this factor does not indicate the need for consolidation of the VIE with the business enterprise's financial statements.
Factors a, c, d, and e are all indicators that a business enterprise should consolidate a variable interest entity (VIE) with its own financial statements. These factors align with the criteria outlined in accounting standards such as ASC 810 in the United States.
Hence, the correct answer is b. The business enterprise establishing a VIE receives risks and rewards of the VIE in proportion to equity ownership.
Learn more about VIE here : brainly.com/question/30777623
#SPJ11
supreme inc. offers a 3-year extended warranty for all its products. on january 1, of the current year the company collects $45,000 relating to extended warranty contracts. what entry should supreme make on december 31, of the current year?
Journal Entry: Debit $45,000 from cash and credit it to deferred revenue.
The business must report $15,000 in deferred revenue and $15,000 in revenue from an extended warranty. The money that has been paid for the extended warranty contracts but has not yet been earned is shown as deferred revenue in the balance sheet. The money that has been made from the extended warranty contracts is shown in the revenue—extended warranty account.
Calculation:
Deferred revenue = $45,000 - $30,000 = $15,000
Revenue - extended warranty = $30,000
The $30,000 indicates the revenue generated by the extended warranty agreements. This is computed by deducting the amount that has not yet been earned ($15,000) from the total amount collected ($45,000.)
To know more about deferred revenue, refer to this link:
https://brainly.com/question/15184835
#SPJ4
What’s the answer???
Answer:
I am not sure but I think it would be B right?
Explanation:
Because she already has $10 to go to the movie right, so she would use that 10 dollars to go to the movie with her friend?
Suppose that professor johnson is negotiating a new contract with the university of wisconsin-madison. If she would like the purchasing power of her income to increase by 2 percent in the coming year, and she expects the inflation rate to be 1. 8 percent over the same period, by how much should she request her income to be increased?.
She asks for an increase in pay of 3.94%.
By inflation, what do you mean?Inflation is the steady increase in prices over a long period of time. Prices have generally gone up or the cost of living in a country has gone up. Examples of broad metrics of inflation include these.
How is the rate of inflation determined?The statisticians compare the index's value over one time period to its value over another period, such as month to month to calculate the monthly rate of inflation, quarter to quarter to calculate the quarterly rate, or year to year to calculate the annual rate.
Which three primary types of inflation are there?The three types of inflation that are sometimes distinguished are demand-pull, cost-push, and built-in. The two inflation indices that are most frequently used are the Consumer Price Index and the Wholesale Price Index.
To know more about inflation visit:
https://brainly.com/question/28190771
#SPJ4
What laws should be removed?
Determining which laws should be removed requires a comprehensive analysis of the legal system, including consideration of societal values, current needs, and potential impacts. It is not possible to provide a specific list of laws to be removed without a clear context or criteria.
The decision to remove laws should be based on a thorough evaluation of their effectiveness, relevance, and impact on society. It is crucial to consider various factors, such as changing social norms, technological advancements, economic considerations, and public safety. Additionally, laws that are outdated, redundant, or no longer serve their intended purpose may be considered for removal.
However, identifying specific laws to be removed requires a comprehensive review and analysis by legal experts, policymakers, and stakeholders. The process involves weighing the potential consequences, societal implications, and the need for alternative measures or replacement legislation.
Furthermore, the identification of laws to be removed should involve public input, democratic processes, and consideration of diverse perspectives. It is important to engage in open dialogue, consult with experts, and conduct thorough research to ensure that any decisions to remove laws are well-informed and consider the best interests of society as a whole.
Learn more about democratic processes here:
https://brainly.com/question/16236419
#SPJ11
14
Select the correct answer.
Additional education is typically required to enter fields of law.
A.
True
B.
False
The importance of flower farming is increasing day by day in nepal. Justify this statement. please write long ans
Answer:
Prior to 1990, there were a number of nurseries within the valley as well as a few outside that cultivated flowers, but the trend then was more towards producing potted plants, seeds, bulbs and suchlike. There was no large market for cut flowers of the variety available now, in part because there was very little demand due to a lack of market exposure to cut flowers. People in Kathmandu just did not use them on a regular basis. According to nursery owners, there was at that time only a small demand amongst the expatriate community and amongst the Indian community. On November 15 1992 however, the Floriculture Association of Nepal or FAN was formed, and this marked the beginning of the floriculture industry in Nepal.
FAN was formed by 11 nursery owners with the objective of promoting and enhancing the floriculture industry and the emergence of flowers in the Katmandu market can in fact be attributed to the training in flower arrangement that FAN conducted in 1993. Following this training, they initiated the opening of a wholesale market and the support FAN gave to the organization 'Women in Floriculture' project enabled several entrepreneurs to set up flower retail outlets. This supply driven demand resulted in flowers being made available in the market and the market responded by taking up this supply. Business has since improved as demonstrated by the change in demand from around 100 rose stems a day in 1992 to 3000 stems in 2003 and from 100 gladiolus stems in 1992 to 6000 in 2003. Figures from FAN put the total sale of cut flowers at 10 million in 1992, which went up to 70.2 million in 2003.
The domestic market for cut flowers is in fact increasing according to Suresh Bhakta Shrestha of Standard Nursery in Bansbari. He says that in 1993 150 thousand Nepali Rupees was the total turnover for all the shops that sold flowers in Kathmandu. This figure is now around 80 to a 100 thousand Rupees per month per shop! Latest figures also suggest that there are there are currently around 300 nurseries and 40 retail shops within the Kathmandu valley. This information suggests that floriculture has grown very rapidly and that the flower culture here continues to grow.
Explanation:
which of the following is not a reason why real gdp can be expanded beyond a level consistent with its long-run growth path in modern keynesian analysis? the existing capital stock can be used more intensively. in the short run, existing workers can work more hours. prices and wages are flexible, allowing for needed adjustments. higher prices induce firms to hire more workers.
The term that is not a reason why real GDP can be expanded beyond a level consistent with its long-run growth path in the modern Keynesian analysis is: "Prices and wages are flexible, allowing for needed adjustments." This is because Keynesian analysis emphasizes the inflexibility of prices and wages in the short run, which can cause fluctuations in real GDP.
The "higher prices induce firms to hire more workers." This is not a reason why real GDP can be expanded beyond a level consistent with its long-run growth path in modern Keynesian analysis. In fact, higher prices can lead to inflationary pressures and a contraction of output in the long run.
The other options - using the existing capital stock more intensively, having existing workers work more hours, and having flexible prices and wages - are all ways that real GDP can be expanded in the short run without causing long-term damage to the economy.
Learn more about GDP here:
https://brainly.com/question/30111703
#SPJ11
7. Choose if the product is a Good, a Service, or Both.
buying a bicycle
getting a back massage
getting the plumbing fixed in your house
use of a smartphone app
buying a new AC unit for your house
buying a hamburger
getting your taxes completed by a tax firm
Answer:
1 buying a bicycle it's a good
2 getting a back message it's a service
3 getting the plumbing fixed in your house it's a service
4 use of a smartphone app it's a service
5 buying a new Ac unit for your house it's a service
6 buying a hamburger it's a good
7 getting your taxes completed by a tax firm it's both
Rina has decided to contribute to an annuity. She will contribute $300 per month for ten years. Her investment advisor helped her find an annuity that will earn 6% annual interest. How much interest will the annuity yield?
If you bought the annuity at age 65 and started receiving payments right away, it would pay you about $1,437 per month for the rest of your life. The conventional annuity formula, according to Trusted Choice, is F = P * ([1 + I]N - 1)/I.
Where P is the payment amount. I is equivalent to the discount (interest) rate. There will be N payments; the "" denotes that N is an exponent. An annuity is calculated using the following formula: Future Value of an Annuity is calculated using the formula C (((1+i)n - 1)/i), where C represents the regular payment, i represents the yearly interest rate or discount rate in decimal form, and n is the number of years or periods.
To learn more about Future Value, click here.
https://brainly.com/question/14860893
#SPJ4
If the liabilities of a business are Rs.7,50,000 and the capital is Rs. 8,50,000. Find the total assets.
Rs 1600000
Explanation:
accounting equation= asset= liability+capital
Wright Company deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close of business on May 31, 2017, its Cash account shows a $27,500 debit balance. The company’s May 31 bank statement shows $25,800 on deposit in the bank. The May 31 bank statement lists $100 in bank service charges; the company has not yet recorded the cost of these services. Outstanding checks as of May 31 total $5,600. May 31 cash receipts of $6,200 were placed in the bank’s night depository after banking hours and were not recorded on the May 31 bank statement. In reviewing the bank statement, a $400 check written by Smith Company was mistakenly drawn against Wright’s account. The bank statement shows a $600 NSF check from a customer; the company has not yet recorded this NSF check. Prepare a bank reconciliation for the company using the above information.
Answer:
Please see solution below
Explanation:
Bank reconciliation as at June 31st.
•Bank statement balance
$25,800
Add:
Bank service charges
$100
NSF check
$600
Wrong drawn
$400
Total
$1,100
Adjusted bank balance
$26,900
Bank reconciliation as at June 31st.
•Cash book balance
$27,500
Add: outstanding checks
$5,600
Balance
$34,100
Less: deposit in transit
($6,200)
Adjusted book balance
$26,900
does the interest rate hikes by the fed affect the current financial situation of a company? if so, how?
Yes, interest rate hikes by the Fed can affect the current financial situation of a company.
When the Fed increases interest rates, borrowing costs for companies increase. This means that companies may have to pay more to borrow money to fund their operations or investments.
As a result, companies may cut back on investments or slow down growth, which can impact their overall financial performance. Additionally, higher interest rates can also affect consumer spending, as it becomes more expensive for individuals to borrow money for big purchases like cars or homes.
This can result in decreased demand for products or services, which can also impact a company's financial situation. Therefore, it is important for companies to monitor the Federal Reserve's interest rate decisions and make adjustments to their business strategy accordingly.
To know more about interest rate refer here:
https://brainly.com/question/14445709#
#SPJ11
what should managers know about communication in the workplace
The things that managers should know about communication in the workplace is: Communication can help build strong relationships at workplace.
What is communication?Communication can be defined as the way in which people tend to interact with one another. Communication can be inform of written or oral communication.
Effective communication is essential in a workplace based on the fact that it can help people to build relationship at a workplace . Based on this the manager should know that effective communication can as well help to foster trust among employees.
Therefore effective communication is essential at workplace.
Learn more about communication here:https://brainly.com/question/26152499
#SPJ1
PLEASE HELP
Match each profession with its usual work environment.
1. Solar photovoltaic installer
2. Ironworker
3. Construction manager
4. Cement mason
A.Roof of a building
B.Outdoors at great heights
C.Outdoor job site
D.Field office
Answer:
1.) Solar photovoltaic installer - a. roof of a building
2.) Ironworker - b. outdoors at great heights
3.) Construction manager - d. field office
4.) Cement Mason - c. outdoor job site
Explanation:
please correct me if I'm wrong
Taking money to allow someone to get what they want is a(n) ___ choice
ethical
unethical
neither
Answer:
its b, unethical
Explanation:
fix your grammer
Answer:
Unethical
Explanation:
Imagine yourself later on down the line knowing that you did something that you can't undo. Think before you react!!! People are challenged every day, but it's up to you to make that right decision.
Firms do not usually get rewarded by diversifying investments in different lines of business because ________.
Investors can diversify themselves by holding securities in a variety of companies they do not need the firm to do it for them.
As a result, firms are typically not rewarded for diversifying their investments across different business sectors.
By spreading investments throughout different asset classes, industries, and other categories, diversification is a technique for lowering risk. By making investments in various sectors that would each respond to the same event differently, it seeks to minimize losses.
Diversification is the most crucial element of achieving long-term financial goals while minimizing risk, according to the majority investors and professionals, despite the fact that it cannot guarantee against loss.
To learn more about diversification click here:
https://brainly.com/question/4228889
#SPJ4
_____ is/are a source of information about potential customers for new salespeople.
Prospects are a source of information about potential customers for new salespeople.
A prospect is a potential customer or client that a salesperson or business is interested in selling to. Prospects can come from a variety of sources, including referrals from current customers, lists of leads purchased from third-party vendors, and networking events. For new salespeople, identifying and reaching out to prospects can be a crucial first step in building a customer base. Prospects can provide valuable information about their needs, preferences, and budgets, which can help salespeople tailor their pitches and offerings to better meet those needs.
In addition to providing sales leads, prospects can also help salespeople build relationships and establish a reputation in their industry or market. By effectively managing their prospect lists, salespeople can maximize their chances of success and build a sustainable pipeline of potential customers.
To learn more about Potential customer, click here:
https://brainly.com/question/31034985
#SPJ11
Trade discount is given to encourage buyers make purchases in ____ quantities.
Answer:
Bulk
Explanation:
Trade discount is the reduction in the retail price of products that arises from bulk sales or purchases.
please please.pleas help me
What are the advantages and disadvantages of consulting
NO LINKS!!!
Answer:
Advantages of Being a Consultant:
You can learn many skills
Consulting allows you to build a powerful network
You get responsible tasks from the beginning
Perfect if you like to travel
You learn to work with the latest technologies
You can work in project teams
Consulting allows you to see many new things
You can work with many clients
Continuous training
You can work with other motivated people in consulting
Consulting teams support each other
You work on demanding projects
Good for your CV
You learn how to deal with stress
Consultants can earn pretty good money
Great exit options
You can work on many projects
Consulting never gets boring
Explanation:
Disadvantages of Being a Consultant:
Pressure in consulting can be high
Strict deadlines are a problem
You will be pushed to your boundaries
Consulting can imply working long hours
You may be away from home during the week
Being a consultant can be lonely
Some people develop mental issues
No real work-life balance
Problematic in case you have children
You have to represent the company
Many of your colleagues will leave
Insecurity regarding what comes next
Great swings in workload
Unsatisfying outcomes
Success greatly depends on the project manager
What are the three questions you need to ask yourself before you start investing
Explanation:
Is the seller licensed?
Is the investment registered?
How do the risks compare with the potential rewards?
Do you understand the investment?
During and after a snowstorm, there will be both route and schedule changes for
the hospital employee bus. The bus will run 15 minutes early, so in the first stops
(at Artesian and Riverdale), the bus will be approximately 10 minutes early. These
stops are on a hillside, so please wait at the top of the hill, so that the driver can
stop safely. When the driver approaches, step back from the curb. The driver will
stop away from the snowdrifts on the side of the road, so next check for traffic,
walk carefully to the bus, and board from the street. Once on the bus please
proceed quickly as far back as possible so we do not block traffic. The bus will not
stop at Bellevue Square or the Stadium. Employees usually boarding at those
places will be picked up at the Eastdale Mall stop, which will be approximately 5
minutes early. The final stops, at Robinson and Clark, will be about 5 minutes
behind schedule. Ice storms may cause the shuttle service to be canceled for a
period of time. Listen to your local radio station after an ice storm. When
cancelations occur, you will receive an email announcement, and it will also be
announced on the local radio station.
The TTC has established a plan to ensure bus, streetcar, subway and Wheel-Trans service is maintained during a significant snow storm.
What is a snow storm?When wind and specific types of precipitation—such as snow, mixed snow and rain, or freezing rain—occur simultaneously at below-freezing temperatures, the phenomenon is referred to as a winter storm.
These storms can happen at any time of year in temperate continental areas, not just in the winter. They can also happen in the late autumn and early spring.
Blizzards are defined as snowstorms with high winds and other conditions that meet specific requirements. Storms that produce significant snowfall are called snowstorms.
Traffic and school transportation can be severely disrupted by just 2 inches of snow. This is especially true in areas where huge accumulating snowfalls can happen but snowstorm is not usually common.
Learn more about snow storm, here
https://brainly.com/question/29697260
#SPJ1
An employee is offered a promotion. Before accepting the promotion, the employee evaluates how the long hours and increased responsibility will impact her family. Which model best describes this approach
The model that best describes the approach of an employee evaluating the impact of long hours and increased responsibility on her family before accepting a promotion is the Work-Life Balance Model.
The Work-Life Balance Model best describes the approach of an employee evaluating the impact of a promotion on her family. This model recognizes the importance of balancing work responsibilities with personal and family commitments. It takes into consideration the employee's desire for a fulfilling career while ensuring that their personal life remains harmonious.
The Work-Life Balance Model emphasizes the need to assess how work-related changes, such as longer hours and increased responsibility, will affect family dynamics, personal well-being, and quality of life. It recognizes that employees make decisions based not only on professional advancement but also on maintaining a healthy work-life balance.
By considering the potential implications on her family, the employee is aligning her decision-making process with the principles of the Work-Life Balance Model, demonstrating a thoughtful evaluation of the promotion offer in the context of her family's well-being.
Learn more about family dynamics here:
brainly.com/question/15386039
#SPJ11
A bookstore costs $90 a day to keep open, and spends $12 for each book it sells. The store charges $18 for each book it sells. If n represents the number of books sold, which equation represents the cost function for this bookstore?
O A. C = 90n + 15
O B. C = 12n + 90
O C. C = 18n + 90
O D. C = 90n + 12
Answer:
The correct answer is B just got it right on ape
Explanation: