When a lessee makes periodic cash payments for an operating lease a. Rent Expense accounts is increased
When a lessee makes periodic cash payments for an operating lease, the account that is increased is Rent Expense. Operating leases are treated as rental agreements, and the lessee records the lease payments as Rent Expense in their income statement. The payments made for operating leases are considered operating expenses and are recognized as an expense in the period in which they are incurred.
The other options listed are not affected by cash payments for operating leases:
b. Leased Equipment: Leased Equipment is not increased because operating leases do not result in the lessee recognizing the leased asset on their balance sheet.
c. Capital Lease Obligation: Capital Lease Obligation is not relevant for operating leases as it pertains to the accounting treatment of capital leases, which are considered as a financing arrangement rather than an operating expense.
d. Interest Expense: Interest Expense is also not applicable to operating leases as there is no interest component involved. Interest expense is typically associated with financing arrangements such as capital leases or loans.
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If the inflation rate is 14% per year, and your nominal income increases by 13% per year, your real income does not change decreases by 1% decreases by 2% increases by 1%
If the inflation rate is 14% per year, and your nominal income increases by 13% per year, your real income decreases by 1%.
Real income represents the purchasing power of your income after accounting for inflation. To calculate real income, we need to adjust nominal income for inflation.
In this case, if your nominal income increases by 13% but the inflation rate is 14%, your nominal income growth is lower than the inflation rate. This means that the purchasing power of your income is eroded by inflation. As a result, your real income decreases by 1% because the increase in nominal income is not enough to offset the effects of inflation.
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PROFIT/LOSS = TOTAL REVENUE - TOTAL COSTS
lan set up a taxi firm one month ago. He has calculated that his total monthly revenue was £2400.
He has added his costs together for the first month and they came to £2800. However, he spent
£1000 on a car for the business that he will not need to spend again.
1) What was his profit/loss for the month?
For the month it was €
1
2) Next month, what will his profit/loss be?
3) List 2 things that could happen that would increase his costs?
Answer:
What's the question? :) I'm an econ major btw.
Explanation:
How does giving benefit both the giver and the receiver?
Answer: The benefits of giving are not only reaped by the gift receivers, but also by the giver themselves in terms of their health and happiness.
Explanation: I hope that helped.
1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answer:monopoly
Explanation:
Which of these careers sound interesting to you? Check all that apply.
Farmworker
Veterinarian
Animal Trainer
Agricultural Inspector
Food Scientist
Farm Equipment Mechanic
Forester
Environmental Engineer
Answer:
this is a personal question, just pick what ever you're interested on.
hope it helps.
Farmworker, veterinarian, and animal trainer all sound like interesting occupations to me. Thus, the answers (A), (B), and (C) are accurate.
What do you know about Animal Trainer?Animal training is the process of teaching animals precise reactions to particular circumstances or stimuli. Training may be done for friendship, detection, protection, or even enjoyment.
Depending on the training technique employed and the goal for which the animal is being trained, the sort of training an animal receives will differ. A seeing-eye dog, for instance, will be trained to accomplish a different aim than a wild animal in a circus.
There are organizations that certify animal trainers in some nations. They don't have any common objectives or specifications, and they don't stop anyone from using the title or working with animals. Similar to other countries, the United States does not demand any particular accreditation from those who train animals.
The natural actions of an animal should be taken into account by an animal trainer.
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Your company will need a business plan in order to do what? A. Increase revenue. B. Identify an opportunity. C. Pay taxes. D. Get funding. Please select the best answer from the choices provided
Answer:
Get Funding
Explanation:
Hope this helps :)
Answer:
D
Explanation:
Get Funding
Tina sells cookie what is Tina’s ROI 
Tina's ROE, based on the production cost and the selling price can be found to be 57 %.
How to find the ROE ?ROI is a financial metric that measures the profitability of an investment relative to its cost. It is typically calculated as a percentage, using the following formula:
ROI = (Gains from Investment - Cost of Investment) / Cost of Investment
In this case, the gains from investment would be the total revenue from selling cookies, and the cost of investment would be the expenses associated with producing and selling the cookies.
For Tina, the ROE would therefore be:
= ( ( 12 - 7. 65) ) / 7. 65
= 57 %
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The full question is:
Tina sells cookies. What is Tina's ROI? a. Production cost: $7.65/box of cookies b. Selling price: $12/boxes of cookies
Which of the following accounts is NOT an example of an asset? OA. Accounts receivable B. Notes payable OC. Cash te OD. Building lo
B. Notes payable accounts is NOT an example of an asset.
Notes payable is a liability account, not an asset. It represents the amount of money that a company owes to a creditor or lender. Assets, on the other hand, are economic resources owned or controlled by a company that have future economic benefits. Examples of assets include accounts receivable, cash, and buildings.
Notes payable is a liability account and is not considered an asset. Liabilities represent obligations or debts that a company owes to external parties. Notes payable specifically refers to the amount of money that a company has borrowed from a creditor or lender and has promised to repay within a specified time period.
Assets, on the other hand, are economic resources that a company owns or controls and are expected to provide future economic benefits. They are resources that have value and can be used to generate revenue or help in the operations of the business.
Examples of assets include cash, accounts receivable (which represents amounts owed to the company by its customers), and buildings. These assets have value and can be utilized by the company to generate income or provide other benefits. In contrast, notes payable represent a company's obligation to repay borrowed funds, and therefore, it falls under the category of liabilities rather than assets.
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Jesti Which of the following positions generally has the highest turnover rate? OA. HR managers B. Retail workers O C. Pediatricians OD. Graphic designers
Position of HR managers generally has the highest turnover rate. Thus, option A is correct.
The HR (Human Resources) department, in its most basic form, is a team in charge of managing the employee life cycle (i.e., recruiting, hiring, onboarding, training, and terminating employees) and handling benefit administration. When filling open positions, R must be aware of the requirements of the organization and make sure those requirements are satisfied. It's not as easy as just posting an advertisement on Indeed: you'll need to conduct market research, speak with key players, and oversee budgets.
After the position is advertised, additional research must be conducted to guarantee that the best candidates are drawn in and presented. The perfect candidate may revitalize an entire organization, while the incorrect candidate might derail operations. Recruiting is a significant—and expensive—task.
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Products in the Blank______ stage of the product life cycle tend to consume a disproportionate share of management and financial resources relative to their future worth.
Answer:decline
Explanation:
products in the DECLINE stage of the product lifestyle tend to consume
explain the process involve in forming a company.
include these points:
1. Often require more time and legal works.
2. Need to complete all required documents such as ARTICLE OF ASSOCIATION and MEMORANDUM OF ASSOCIATION.
3. Once all document is ready, the register of the company issues the Certification of incorporation.
4. Certification of incorporation certifies the legal status of the company and allows to start trading.
Forming a company involves a number of steps and can often require more time and legal work than other types of business structures. Here are the steps typically involved in forming a company:
How to fporm companyChoose a Business Name: The first step is to choose a business name that is not already in use by another company. It's important to conduct a search to ensure the name is not already taken.
Decide on Company Structure: The next step is to decide on the legal structure of the company, such as a corporation, LLC, or partnership.
Prepare the Required Documents: Once the structure has been chosen, the required documents such as ARTICLE OF ASSOCIATION and MEMORANDUM OF ASSOCIATION must be completed. These documents outline the purpose of the company, its ownership structure, and other important details.
File Documents with the Register of Companies: The completed documents must then be filed with the register of the company in the jurisdiction where the company is to be incorporated. This requires paying a fee and providing additional information about the company, such as the names and addresses of directors and shareholders.
Certification of Incorporation: Once all the required documents have been submitted and approved, the register of the company issues a Certification of Incorporation. This certificate certifies the legal status of the company and allows it to start trading.
Obtain Business Licenses and Permits: Depending on the type of business and the jurisdiction, the company may also need to obtain additional licenses and permits before it can begin operating legally.
Overall, forming a company involves a significant amount of legal work and documentation, but it provides the benefit of limited liability and can make it easier to raise capital and attract investors.
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Which type of cover letter would the above excerpt come from?
Dear Mr. Halverson:
I am writing to inquire about existing or anticipated openings with the Green Acres Community Center. I have long been aware of the many professional services provided by your agency and of the fine reputation you enjoy. I feel my interest in working with the elderly, along with my skills and motivation, would allow me to make a valuable contribution to your organization.
Which type of cover letter would the above excerpt come from?
Please select the best answer from the choices provided
a. Prospecting cover letter
b. Networking cover letter
c. Application cover letter
d. Follow up cover letter
Answer: a. Prospecting cover letter
Explanation:
A prospecting cover letter as the term implies, is one written to inquire about the prospects of working in an organization by way of asking if any jobs are open or to be anticipated in future.
Apart from asking for job openings, one also introduces their selves and shows what qualifications or motivations they might have for wanting to join the organization. All these were done in this excerpt from a letter to Mr. Halverson and so it is most likely a Prospecting cover letter.
Answer:
a prospecting cover letter! :)
Explanation:
you would send a prospecting cover letter to a company you'd like to work for.
compared with autarky, international trade leads to _____ domestic production in exporting industries and _____ domestic production in import-competing industries.
If the world charge is greater than the autarky price, trade leads to exports and a upward jab in the home fee in contrast to the world price.
-There are universal beneficial properties from exchange because producer features exceed the client losses. -Exporting industries produce goods and services that are sold abroad.
What one is the principal economic principle that sustains the significance of international trade?Ricardo showed that what was once essential was once the comparative gain of every country in production. The principle of comparative benefit holds that even if one kingdom can produce all items more cheaply than can every other nation, each countries can nevertheless change underneath prerequisites the place every benefits.
Free alternate advantages a country's customers if its reservation rate is no longer lower than the world common reservation price. condition. Hence, if all international locations have the equal reservation price, all consumers are higher off under free exchange compared to autarky.
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Write a professional email using the following scenario:
The manager is going to a conference in another city. She would like her assistant to book the flight and hotel.
A professional email based on the given scenario would sound like the following:
To: Assistant
From: Manager
Subject: Flight and Hotel Booking for Chicago
Date: January 28, 2022
Hi,
Please book my flight and hotel reservations for the upcoming conference in Chicago from February 7, 8:00 am to February 11, 2022 (5:00 pm).
Do not forget the company's favorite airline and hotel for the bookings.
Regards,
Tony
Thus, while the email sounds professional, it may be more conversational than formal since it is a workplace request.
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it took samantha 6 years to double the money in her account. what interest rate was samantha receiving on her account?
Answer:
2x
Explanation:
What are some of the reasons that management purchases its own stock? b. Explain how earnings per share might be affected by treasury stock transactions. c. Calculate the debt to assets ratio for the current year and the prior year, and discuss the implications of the change.
Answer:
a) first of all, in order for a company to repurchase their stock they must have extra cash available that will not be used for financing either existing or future projects. Also, corporations tend to repurchase stocks when they believe that their market price is too low (or lower than their own calculations). When corporations start to repurchase stocks, generally the market price tends to increase.
b) since treasury stocks decrease the company's total outstanding stocks, the earnings per share will increase. EPS = (net income - preferred dividends) / weighted average outstanding common stocks. If the denominator decreases, then the total result should increase.
c) the information is missing, so there is no way to calculate the debt to assets ratio. But if we analyze the formula:
debt to assets ratio = total debt / total assets
when equity decreases (treasury stocks decrease equity), total assets will also decrease, but debt remains the same. Therefore, an increase in treasury stocks will result in a higher debt to assets ratio which means that the company's risk is higher than before.
What are the different career opportunities with being a environmental economist?
Answer:
Some of the important job roles that can be taken up by an Environmental Economist include Energy Economist, Ecological Economist, Agricultural Economist and Chief Economist.
Explanation:
please give me brain list and follow
Why do you think celebrities bother to involve themselves in politics?
Answer:
Answer in explanation.
Explanation:
I think that celebrities bother to involve themselves in politics to try and make a statement or gain more fame and followers. Oftentimes, you see celebrities speaking on world events such as the BLM act, global warming, wildfires, or the pandemic that is still ablaze. As we all know, all politicians have their strong opinions but the points do not always get across when just the politicians talk about it. Sometimes, celebrities feel the need to speak on a topic that may be popular in the world of politics just to shine a light on it or even to get more attention. In conclusion, I feel that celebrities try to worm their way into politics because I believe that they think that it will make an impact.
There are several reasons why celebrities may choose to involve themselves in politics.
Why celebrities bother to involve themselves in politics?One reason is that they may feel a sense of responsibility or obligation to use their platform and influence to bring attention to important political issues and advocate for causes they believe in.
Additionally, celebrities often have access to resources and connections that can be useful in political activism and lobbying efforts.
Furthermore, political involvement can also benefit a celebrity's public image and career. By aligning themselves with certain political causes, celebrities may appeal to certain fan bases or demographics, which can increase their popularity and influence.
Moreover, some celebrities may simply be passionate about politics and want to use their voice and platform to make a difference in society. Overall, there are various reasons why celebrities may choose to involve themselves in politics, and the motivations can vary depending on the individual.
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Ali, a contractor, entered into a contract with Abu to renovate Abu’s house for RM200,000. According to the agreement, if the renovation is not completed within 12 months, Ali will pay Abu RM500 for everyday delayed. Ali delayed the completion of the house by 10 days. Due to this delay, Abu and his family had incurred expenses amounting to RM8,000 because they had to find an alternative place to stay plus other cost of storing the furniture for ten days. Advise Abu.
Based on the provided information, it appears that Ali, the contractor, has delayed the completion of the house renovation by 10 days.
As per the agreement between Ali and Abu, Ali is liable to pay RM500 for each day of delay beyond the agreed-upon completion date.
In addition to the daily penalty, Abu and his family have incurred expense amounting to RM8,000 due to the delay. These expenses include the costs of finding an alternative place to stay and storing the furniture for the additional ten days.
In this situation, I would advise Abu to communicate with Ali and discuss the matter. Abu should assert his rights under the contract and request compensation for both the daily penalty of RM500 for the ten-day delay and the additional expenses incurred due to the delay, which total RM8,000.
Abu should provide Ali with documentation or evidence of the expenses incurred during the delay, such as receipts or invoices. This evidence will support Abu's claim for reimbursement.
Abu may consider seeking legal advice or mediation if Ali is unwilling to comply with the terms of the agreement or refuses to provide compensation for the delay and the incurred expenses. A legal professional can provide guidance on the specific contractual terms and assist in resolving the dispute if necessary.
It is important for Abu to maintain clear communication with Ali throughout the process and keep records of all correspondence and relevant documents related to the contract and the delay.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
All but one of the following required before a transfer of accounts receivable canbe recorded as a sale.
a. The transferred accounts receivable are beyond the reach of the transferorand the creditors.
b. The transferor has not kept effective control over the transferred accountsreceivable through a repurchase agreement.
c. The transferor maintains continuing involvement.
d. The transferee can pledge or sell the transferred accounts receivable.
The option that is not required before a transfer of accounts receivable can be recorded as a sale is c. The transferor maintains continuing involvement.
In order for a transfer of accounts receivable to be recorded as a sale, the transferred accounts receivable must be beyond the reach of the transferor and the creditors (option a).
The transferor should not have effective control over the transferred accounts receivable through a repurchase agreement (option b), and the transferee should have the ability to pledge or sell the transferred accounts receivable (option d).
However, the transferor maintaining continuing involvement is not a requirement for the transfer to be recorded as a sale. The correct option is C).
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what does the fox say
Answer:nenenesnene
Explanation:
Answer:
"Ring-ding-ding-ding-dingeringeding!
Gering-ding-ding-ding-dingeringeding!
Gering-ding-ding-ding-dingeringeding!"
"Wa-pa-pa-pa-pa-pa-pow!
Wa-pa-pa-pa-pa-pa-pow!
Wa-pa-pa-pa-pa-pa-pow!"
strategies to ensure development
Answer:
Understand the current position.
Reflect on how you got there.
Be clear about your corporate identity (mission, vision and values)
Analyse your strengths and weaknesses.
Analyse the business environment.
Identify and evaluate strategic options.
Set objectives.
Know Your Learning Style
3.5. In a public limited company, the losses are
borne by the
(A) staff
(B) directors
(C) community
(D) shareholders
Answer: D
Explanation: Had this test before
Answer:
d
Explanation:
]
Banks are a stabilizing force in our entire financial system. Discuss two of the three primary function of the banking system.
Answer: Banks transfer money from savers to borrowers by holding deposits and lending excess reserves. Banks also create money by making loans of excess reserves.
Explanation: Those are two primary functions.
The banks function in three ways as transfer money from savers hold deposits, and make money by giving loans.
What is a banking system?A banking system is one that is a group or a network of institutions that provides financial services to people. The banking system includes the provision of loans, deposits, and helping investments.
The bank transfers the money from the savers to borrowers by holding the deposits and lending the excessive transfer of reserves.
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What are the implications of using the company-wide cost of capital when the firm has multiple operating divisions with different risk levels?
A company-wide rate would be determined from the average risk of the whole firm.
If a multidivisional firm uses a company-wide cutoff rate, this rate will be too high for low-risk divisions and too low for high-risk divisions. The firm will accept only bad high-risk projects and reject good low-risk projects.
It is therefore become necessary to estimate divisional cutoff rates which will reflect the risk of each division. In addition to this because this process involves political rivalries within the firm the approach of company wide rate is used to justify ,these rates must be as comprehensible as possible.
This issue is concerned with any firm with two or more divisions that differ in risk from each other. As each division considers different investment opportunities, it must use a cost of capital to evaluate the effects of expected cash flows in differing time periods. This interest rate is also called a "cutoff" rate.
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Your savings account pays 1. 75% interest per year. You make a $500 deposit. How much interest does the account earn in the first month. A) $. 14 b) $. 17 c) $. 50 d) $. 73.
Possibility b is correct. The interest the account earns in the first month is $17.
The annual interest rate is the annual interest rate, assuming interest is compounded each year. For example, a $10,000 loan with an annual interest rate of 5% will cost you $500.
Annual interest rate is applicable only to the principal loan amount. With practice, it becomes more convenient to compare different interest rates from different sources when looking for a loan.
First, multiply the principal P, the interest rate R, and the holding period T by the number of years. For annual interest, divide the P*R*T result by 100. To get monthly interest, divide simple interest by 12 for 1 year, divide by 24 months for 2 years, and so on.
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The account earns $17 in interest in the first month.
Hence, Option B is correct.
How does it occur?
Assuming interest is compounded annually, the annual interest rate is the annual interest rate. For instance, if the annual interest rate on a $10,000 loan is 5%, the cost to you will be $500.Only the loan's principle is subject to the annual interest rate. When looking for a loan, it gets easier with time to compare various interest rates from various providers.First, increase the number of years by the principal P, interest rate R, and holding term T. Divide the P*R*T result by 100 to get the yearly interest rate. Divide simple interest by 12 for a year, by 24 for two years, and so on to obtain monthly interest.Know more about interest here:
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1. A parent company sells land to its wholly-owned subsidiary in 2015, reporting a gain of $35,000. In 2020, the subsidiary sells the land to an outside developer and reports a gain of $60,000. In the 2020 consolidation working paper, the elimination of this transaction will result in: A. A $35,000 decrease in beginning retained earnings B. A $60,000 increase in investment in subsidiary C. A $95,000 decrease in land D. A $35,000 increase in gain on sale of land
Answer:
Explanation:
A $60,000 increase in investment in subsidiary
A company has the following transactions during March:
March 3 Purchases inventory on account for $3,900 terms 4/10, n/30
March 5 Pays freight costs of $230 on inventory purchased on March 3.
March 6 Returns inventory with a cost of $800
March 12 Pays the full amount due on March 3 purchase.
March 29 Sells all inventory purchased on March 3 (less those returned on March 6) for $5,300 on account.
Record all transactions, including the month-end adjustment to cost of goods sold, assuming the company uses a periodic inventory system and has no beginning inventory
Purchases inventory on account for $3,900 terms 4/10, n/30
The company records the following transaction:
DebitInventory$3,900
Credit
Accounts Payable$3,900
March 5:
Pays freight costs of $230 on inventory purchased on March 3.
The company records the following transaction:
DebitFreight In$230
CreditCash$230
March 6:
Returns inventory with a cost of $800
The company records the following transaction:
DebitAccounts Payable$800
CreditInventory$800
March 12:
Pays the full amount due on March 3 purchase. The company records the following transaction:
DebitAccounts Payable$3,900
CreditCash$3,726
CreditInventory$174($3,900 x 4%)
March 29:
Sells all inventory purchased on March 3 (less those returned on March 6) for $5,300 on account.
The company records the following transaction:
DebitAccounts Receivable$5,300
CreditSales$5,300
DebitCost of Goods Sold$3,026 ($3,900 - $800 - $174)
CreditInventory$3,026
Month-end adjustment to cost of goods sold:
The company must make an adjustment to record the cost of inventory sold during the month.
The company can use the following formula to calculate cost of goods sold:
Beginning inventory + Purchases - Ending inventory = Cost of goods sold
Because the company has no beginning inventory and the ending inventory is zero, the cost of goods sold is equal to the total cost of inventory purchased during the month:
$3,900 + $230 - $800 = $3,330
The company records the following transaction:
Debit Cost of Goods Sold$3,330
CreditInventory$3,330
This is how all the transactions for March are recorded in the books of the company.
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Which of the following are characteristics of a scarce resource?
Choose 1 answer:
Choose 1 answer:
(Choice A)
A
The supply of the resource exceeds the demand of the resource.
(Choice B)
B
There is a fixed quantity of the resource available but no demand for it.
(Choice C)
C
There is a demand for that resource with limited supply.
(Choice D)
D
There is limited supply of a resource with no demand for that resource.
(Choice E)
E
The resource has unlimited supply and limited demand.
There is a demand for that resource with limited supply are characteristics of a scarce resource. When the demand for a natural resource exceeds the supply, resource scarcity results, which causes the stock of those resources to decrease.
As a result of rising costs that make the demand resource less accessible to those who are least well-off, this might result in unsustainable supply growth and an increase in inequality. When there aren't enough resources to meet everyone's needs, there is scarce resource. Oil is among the most well-known instances of how resource scarcity affects the United States. Local gas prices will surely climb when oil prices around the world do.
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