Answer:
Net income and assets will be overstated
Explanation:
Financial statements are used by businesses to show the financial position within a given time frame
The various types of financial statements are income statement, cash flow statement, and the balance sheet.
In the given scenario Dennis manufacturing was supposed to pay for the patent of the bicycle for 3 remaining years of it's useful life.
However they intend to amortize the payments over 20 years.
Since financial statements are usually annual or less this will overstate net income and assets.
Yearly expense incurred for payment of the patent will be reduced annually.
Also the value of the patent will be overstated since yearly deduction for the asset will be less than it should be
Which advice will help Luke, a bank employee, advance in his career?
ОА. Don't waste too much time on academic learning.
OB. Spend as much time as you can socializing with your colleagues.
OC. Agree with everything your manager says.
OD. Maintain a positive attitude toward learning.
Answer:
D. Maintain a positive attitude towards learning.
Explanation:
Which of the following statements is true? *
Monthly Net Savings = Total Monthly Expenses - Monthly Net Income
O Net Income = Gross Income * Taxes Owed
Monthly Net Savings = Monthly Net Income * Total Monthly Expenses
Net Income = Gross Income - Taxes Owed
Answer:
Net Income = Gross Income - Taxes Owed
Explanation:
Net income is the amount one gets after all deductions are considered. Deductions include taxes, expenses, voluntary and involuntary contributions.
To a salaried person, net income is the gross pay minus taxes and all deductions. It is the take-home pay.
Is your name ariel? cus we mermaid for each other
Answer:
If I could rearrange the alphabet, I’d put ‘U’ and ‘I’ together.
Explanation:
good thing i got my library card, because im checking you out
Ram said to gita,"you are mt best friend."(indirect)
Answer:
ram said to gita that she is his best friend
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hope it may help
Which of the following describes how the U.S. government protects and supports farmers and ranchers?
through establishing and maintaining food standards
through programs that provide direct payments
through allowing agribusiness companies to create oligopolies
through strict measures of qualis for commodities
first one to get it right gets Brainliest
Answer:
through allowing agribusiness companies to create oligopolies
Explanation:
Answer:
through programs that provide direct payments
Explanation:
The United States government gives free money to farmers and ranchers through a government subsidiary.
Many performers, like singers, actors, and athletes, get paid large amounts of money. Do you think they earn these amounts or should they get paid less? Why?
Gina made a down payment on a motorcycle. What incentive did she have for making a down payment?
Group of answer choices
A tax break
A reduced time in debt
A higher loan rate
A less secure loan
Answer:
A reduced time in debt
Explanation:
Gina intends to purchase that motorbike on credit. By making a down-payment, Gina is reducing the amount she needs to borrow to buy the bike.
A reduced loan amount means that Gina will require less to repay. It also implies that the interest to be paid will reduce. Making the down-payment helps Gina stay in debt for a short period.
Problem 5-7 Analyzing Transactions
What want or need can a hair salon satisfy
How can an employee best help to maintain a positive work environment?
ОА.
Avoid interacting with other staff members.
OB.
Focus on the good things.
O C.
Socialize every evening with other staff members.
OD.
Maintain good relations with the management.
Answer:
it is (C)
Explanation:
Which of the following advances in manufacturing is at the heart of the processes that transform raw materials into products?
automation
nanotechnology
assembly line
matrix
Answer:
Assembly line
Explanation:
How does where you can purchase the candy affect the price? How does it affect the availability?
Question 1
5 pts
(05.02 LC)
In which type of economy does the government decide all or most economic
questions? (5 points)
Command
Market
O Mixed
O Traditional
Answer:
Command
Explanation:
In the command economic model, the government determines the level of economic productions in the country. It decides what will be produced, its quantity, and the cost price. A central authority or the government owns all the factors of production.
The command economy is also the planned economy. The government plans and produces all goods and services. The private sector is not present in the command economy.
What is the difference between being financially dependent and being financially independent?
Answer:
Being financially dependent means that you depend on the government to help you and being independent means that you are depending on the money you make from work.
Explanation
i know a little about business hope this helps
enumerate and explain the concepts of entrepreneurship
Answer:
Explanation: Entrepreneurship is the act of setting out on your own and starting a business instead of working for someone else in his business. While entrepreneurs must deal with a larger number of obstacles and fears than hourly or salaried employees, the payoff may be far greater as well
Victor is the recipient of $1 million from a lawsuit. Victor decides to use the money to purchase a small business in Florida. His business operates in a perfectly competitive industry. If Victor would have invested the $1 million in a risk-free bond fund, he could have earned $100,000 each year. After he bought the small business, Victor quit his job as a market analyst with Research, Inc., where he used to earn $75,000 per year. At the end of the first year of operating his new business, Victor’s accountant reported an accounting profit of $150,000. What was Victor’s economic profit?
Answer:
the economic profit of Victor is -$25,000
Explanation:
The computation of the economic profit is shown below:
Economic profit is
= Accounting profit - implicit costs
= $150,000 - ($100,000 + $75,000)
= -$25,000
Hence, the economic profit of Victor is -$25,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Type the correct answer in the box Spell all words correctly
What is an example of using a transaction processing system to process data immediately
transactions are aſ perfect example of the transaction processing system,
Answer:
online transactions
Explanation:
Capital refers to a person's assets
True or False
Answer:
True
Explanation:
If you put $7000 in a saving account that earns 2% interest for 10 years, how much will you have in
total in 10 years?
2. If you put $2,000 in a savings account that earns 1% interest for 5 years, how much will you have total
in 5 years?
3. If you put $1500 in a savings account that earns 3% interest for 7 years, how much will you have in
total in 7 years?
4. If you put $2000 in a savings account that earns 1% interest for 15 years, how much will you have
total in 15 ye
Answer:
1) 56,000
2) 9,950
3) 8,479
4) 25,500
Explanation:
1)20% of 70.000=56.000
2)5% of 10.000=9.950
3)21% of 10.500=8.479
4)15% of 30.000=25.500
Lake Community College gives its faculty the option of receiving the balance of their contract at the end of the semester on May 17, 20--. The faculty can receive one lump-sum payment instead of receiving the remaining seven biweekly pays over the summer. Use the data given below to complete the Payroll Register on May 17. No employee has reached the OASDI ceiling, and all employees are taking the lump-sum payment. The state withholding rate is 2.0% of total earnings; the city withholding rate is 1.0% of total earnings. The biweekly wage bracket is used for federal income taxes.
Please find table attached
Answer and Explanation:
Given that state withholding rate or state income taxes(SIT) and city withholding rate or city income taxes(CIT) are 2.0% and 1.0% respectively. Social security taxes(OASDI) and Medicare taxes are 6.25% and 1.45% respectively and OASDI ceiling is not reached. Also Federal income taxes(FIT) is 11%. For each lump sum say $16000, we multiply the rate say 6.2% OASDI to get OASDI deduction for that employee. Hence we calculate employees' payroll as follows:
Which qualifications are typical for someone working in E-Marketing?
A good teamwork skills, knowledge of search engines and social media
B math skills for calculating prices, good teamwork and physical stamina
C pleasant attitude, critical thinking skills for designing surveys, social awareness
D creative, persuasive, good social skills when dealing with news media contacts
Answer: A good teamwork skills, knowledge of search engines and social media
Answer:
A :)))))))))))
Explanation:
The information given to you by your teachers is always accurate and should never be questioned. Please select the best answer from the choices provided T F
Answer:
The answer is False.
Explanation:
Trust me, I know.... I HAVE KNOWLEDGE
justfoxii on twitch!
The information given by our teachers may not always be accurate. Therefore the correct option here is f.
Why must we not always think the teacher might always be right?Teachers are human beings and we all know the idiom "To err is human" therefore sometimes teachers might be wrong but instead of criticising or making a joke out of it we must try to tell the teacher to remind them where the mistake was made and move on.
But it is not good to accept if the information given by the teacher is wrong. We must use our logic and sometimes do research before accepting a fact. If we feel that the teacher is not right, we must question with respect so that no negative kind of atmosphere is created within the classroom.
Even a good teacher, after knowing that they had made a mistake, will accept it without any argument or taking it negatively. In the same way, a good student will not make any kind of negativity from it and will ask the teacher respectfully if something said is correct or incorrect.
Any question asked respectfully can create positivity and eagerness to learn more.
Learn more about teachers, here:
https://brainly.com/question/1963463
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I have $3,000 in credit card debt. If I can pay $150.00 a month, how long will it take to pay it off? My current interest rate is 18%. Remember to include your inputs and round 2 decimal points like we did in module 2.
Answer:
2 years
Explanation:
Rate = rate per period = 18%/12 = 1.5%
PV = 3,000
PMT = 150
Number of a payment period = NPER(Rate, PMT, -PV, FV)
Number of a payment period = NPER(18%/12, 150, -3000)
Number of a payment period = 23.96 months
Time to payoff loan = 23.96/12
Time to payoff loan = 1.99667
Time to payoff loan = 2 years
4. What type of promotions do you think are most effective in the sports and
entertainment marketing industry?
Answer:
Publicity is the most effective way because consumers can see products in a specific way. ... A: Personal selling is more effective because it makes the customer want to come back and buy more products.
Which of the following increases liabilities but not assets? a. Taking out a loan to buy a new car b. Taking out a loan to go on vacation c. Using a credit card to buy a computer d. Paying off a student loan Please select the best answer from the choices provided A B C D
Answer:
Taking out a loan to go on vacation
Explanation:
Liabilities are money owed to other people. They include debts, loans, or other obligations that a person or business is expected to pay. Taking up loans increases liabilities. A loan to expand a business either by increasing inventory or equipment add to both assets liabilities.
A vacation is not an asset. A loan to finance a vacation will only add to liabilities. Paying off a student loan reduces liabilities. Any debt to purchase a car or a computer increases assets and liabilities since the two are assets.
Answer:
taking out a loan on vacation
Explanation:
My mom said i could get iPhone 12 or Xbox one series Which do i pick.
Answer:
Ps5
Explanation:
Answer:
get an iphone 12 and please use brainly for actual real life homework help.
Explanation:
1. How does your credit score impact the personal loan options you have
available?
Answer:
idek
Explanation:
If you were developing a product (like a web browser) for a market with significant barriers to entry, how would you try to get your product into the market successfully?
Answer:
by making it
Explanation:
because ill make a deal with the owner of the market and if he/she says yes i basicly talked buissness
What does a credit score provide to lenders?
Group of answer choices
A person's credit risk
A person's credit history
A person's credit application
A person's credit interest
Answer:
I believe the answer is credit history, please let me know if I am wrong.
Explanation:
"'A credit score is a number lenders use to help them decide how likely it is that they will be repaid on time if they give a person a loan or a credit card.'' Your personal credit score is built on your credit history.'' Your FICO® Score☉ ranges from 300 to 850."
Answer: A person’s credit risk
Explanation:
What was the only thing Amazon sold when it first opened 25 years ago
