the first one
Explanation:
all have same intrest in one thing
What do you mean by final account? Mention its objectives
Answer:
what is financial accountFinal Accounts is the ultimate stage of accounting process where the different ledgers maintained in the Trial Balance (Books of Accounts) of the business organization are presented in the specified way to provide the profitability and financial position of the entity for a specified period to the stakeholders and other interested parties i.e., Trading Account, Statement of Profit & Loss, Balance Sheet.
objects of financial accountTo determine gross profit and net profit of the business during the year. To present the true financial position of the business on a given date. ... To make a summary presentation of all the financial transactions. To communicate the operating results and financial position of the users.
Answer:
What are Final Accounts?
Final Accounts is the ultimate stage of accounting process where the different ledgers maintained in the Trial Balance (Books of Accounts) of the business organization are presented in the specified way to provide the profitability and financial position of the entity for a specified period to the stakeholders and other interested parties i.e., Trading Account, Statement of Profit & Loss, Balance Shee
Explanation:
Objectives of Final Accounts
They are prepared for the calculation of Gross profit & net profit earned by the organization for the relevant period by presenting the Statement of Profit & Loss.
The Balance sheet is prepared for providing the correct financial position of the company as on the date.
These accounts use the bifurcation of direct expenses to obtain the gross profit & loss and bifurcation in indirect expenses to ascertain the Net profit & loss for the organization.
These accounts through the Balance sheet bifurcate the assets & liabilities as per the holding & usage periods of the same
The digital system usually operated on?
Answer:
The answer to the question is Binary
what is a Gantt Chart and how can one constuct it?
Answer:
A Gantt chart is constructed with a horizontal axis representing the total time span of the project, broken down into increments (for example, days, weeks, or months) and a vertical axis representing the tasks that make up the project (for example, if the project is outfitting your computer with new software, the major
Robert and Charles are trying to decide what form of business to form for their new company. They ask you the following question: Which of the following transactions would be considered by the IRS to be a taxable sale of assets? Changing the form of business from:
a. a partnership to an LLC.
b. All of the above.
c. a corporation to an LLC.
d. an LLC to a corporation.
A partnership to an LLC, a corporation to an LLC and an LLC to a corporation. Hence, option B is correct.
What is LLC?State law permits the use of the Limited Liability Company (LLC) as a corporate form. If you're interested in forming a Limited Liability Company, you should verify with your state as each one may have different rules.
States impose a fee at initial formation. Many states also charge recurring costs, such as franchise tax or annual report fees. Consult the Secretary of State's office in your state. ownership that is transferable. Compared to a corporation, an LLC's ownership is frequently more difficult to transfer.
An LLC's primary benefit is implied in its name: limited liability protection. When an owner conducts business through an LLC, their personal assets may be shielded from commercial obligations and claims brought against the company. One or more owners (referred to as "members") may make up an LLC.
Thus, option B is correct.
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Specter Company combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount reported on the year-end balance sheet for cash and cash equivalents.
$23,000 cash deposit in checking account.
$60,000 bond investment due in 20 years.
$15,000 U.S. Treasury bill due in 1 month.
$1,200, 3-year loan to an employee.
$5,000 of currency and coins.
$1,500 of accounts receivable.
a. Checking account:
b. Bond investment:
c. U.S. Treasury bill:
d. Loan to an employee:
e. Currency and coins:
f. Accounts receivable:
g. Cash and cash equivalents:
A claim against a customer is known as
Answer:
A claim against a customer is known as an account receivable.
A U.S. parent company's foreign equity accounts are translated into dollars using the historical rate or average rate based on the company's discretion.
A. True
B. False
A U.S. parent company's foreign equity accounts are translated into dollars using the historical rate or average rate based on the company's discretion. Thus, the given statement is false.
What are Equity Accounts?Equity accounts serve as a financial representation of a company's ownership. Equity may arise from payments made by a company's shareholders or through residual income produced by the company. Equity is kept in several sorts of accounts due to the various sources of equity capital. All equity accounts have natural credit balances, with the exception of the treasury stock account.
A firm has either been incurring losses or has issued more dividends than it has available through retained earnings if the retained earnings account has a debit balance. Corporations frequently employ the following equity accounts. Total shareholders' equity is comprised of a number of different kinds of equity accounts. Common stock, preferred stock, contributed surplus, extra paid-in capital, retained earnings, other comprehensive earnings, and treasury stock are some of the accounts that make up this group.
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Walmart carries groceries, electronics, and toys among other products for multiple segments. What is Walmart's segmentation strategy
what does this fitted line mean? trace the circle joining its both hands?
Answer:
line fitting is the process of constructing a straight line that has the best fit to a series of data points. Several methods exist, considering: Vertical distance: Simple linear regression
What are some aspects that you'd want to include in a pitch to a venture capitalist?
Character of the business partners. The people behind an idea or company and, more importantly, their character is extremely important. ...
Capacity of the business partners. ...
Innovative idea. ...
Communal benefit. ...
Long-term sustainability. ...
Financial outlook.
A business that is owned and managed by one person is a(n)
Explanation:
It is called capitalism.Whereas , socialism is a business system owned,managed and financed by the government.
Marketing là công việc của người bán. Đúng hay sai
Answer:
english please
Explanation:
three reasons except politics for the looting of shops,malls and the destruction of business property in Gauteng and Kwa Zulu Natal
Answer:
poverty
income disparities
Sydney is putting together an economic model to predict the revenue from the sale of her famous cream pies based on their price and the prices of the pie shops nearby. What is the best tool to build the model
This question is incomplete because the options are missing. Here are the options:
A graph
A diagram
A mathematical function
The best tool to build an economic model to predict the revenue from the sale is a mathematical function.
A mathematical function is a term to refer to the relationship between two variables, characterized by the relationship in which the value of the first variable depends on the second variable.
Additionally, a mathematical function allows to predict or have a result from the relationship of different variables. In this case the variables would be "sales of the pies", "price of the pies" and "price of the pies in other stores" that allow knowing the revenue produced by the sale of the pies.
According to the above, the correct answer is C. because it is the necessary tool to predict the revenue that Sydney will obtain from different variables.
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The department chain you work for has had numerous complaints about slow customer service.
Your colleague, a sales manager, informs you that this happened at a previous store she worked for,
and it was cleared up by hiring more sales representatives. Should you take her advice to solve this
problem? Why or why not? What techniques can you use in evaluating the problem?
Answer:
The advice should not be taken, as it is a rush to judgement, which could mean that the wrong solution is used, wasting time and resources. You should ask the colleague to employ critical thinking. Critical thinking is sustained suspension of judgement with an awareness of multiple perspectives and alternatives. It involves at least four elements:
•Maintaining doubt and suspending judgement
•Being aware of different perspectives
•Testing alternatives and letting experience guide
•Being aware of organizational and personal limitations
Morrison Company experienced a business event that had the following effect on its accounting equation. Assets = Liabilities + Common Stock + Retained Earnings (25,000) (25,000) NA NA Which of the events would have caused this effect?
The event that should have an effect is due to pay off debt.
The following information should be considered:
If the debt is paid so here the debt should be debited and cash should be credited.As debt contains the normal credit balance so it is decreased and the cash contains the normal debit balance so it also decreased.Therefore we can conclude that The event that should have an effect is due to pay off debt.
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You purchase a new car (produced this year) for $38,000. After six months, you sell the car for $31,500. How much does GDP rise because of these two transactions?
a. GDP rises by $38,000
b. GDP rises by $31,500
c. GDP rises by $69,500
d. GDP rises by $6,500
The GDP should be rise by $38,000 due to these two transactions.
The following information should be relevant:
GDP is the Gross domestic product. It is the amount that should create value-added at the time when the goods & services are produced.It is the amount where the item should be firstly purchased.Like in the given situation, the new car should be purchased for $38,000.And, after six months the car is sold for $31,500.So, the sale value does not create any value-added.
Therefore we can conclude that The GDP should be rise by $38,000 due to these two transactions.
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One piece of evidence suggesting that the stock market is efficient is that most individual investors cannot earn returns that beat the overall market average return, but professional investors such as mutual fund and pension fund managers generally do earn higher-than-average returns.
a. True
b. False
What do you expect will be the impact of the increased fines in the (i) earnings and (ii) management compensation contracts, of firms in the pharmaceuticals industry? explain in more than 300words
When a court found you convicted and fined you, then the details about your income will be requested. The penalty is determined based on the criminal type, which can be defined as follows:
Earnings:
The increased fines will lower incomes because the expenses of fines will raise companies' costs when companies breach the promotional rules. In addition, the drop in advertising for prescription drugs will lead to a decrease in the revenue generated by pharma firms.Management compensation setting the Drugs Code By Connail Emma:
Increasing fines will lead to a decline in the compensation agreements for management.The extent of the contracts between companies and their promotion agency will be less effective.The policies and principles of accounting are accounting standards.The amount indicated as profit may be affected by different accounting rules.The effect of higher penalties is increased transparency of ethical practice and increasing obscurity of ethical practices in reporting.This relationship is based on the following:
The rise in fines for pharmaceutical corporations helps to minimize unethical types of promotion, however, the amount paid by fines for corrupt activity is diminished by the considerable profitability and market share gained from this. The introduction of fines would encourage greater openness in which the corporation is morally inclined to comply with marketing rules such that money is paid to doctors just on basis of indiscretions.However, gaining significant profits by engaging themselves in unethical practices might stimulate the profession of bookkeeping, which focuses on the profit of the business and so enhances the lack of financial transparency to lower the amount of money paid as fines.Since fines are less than profit, higher fines inside the pharmaceutical companies lead to less openness when companies try further to enhance earnings by suffering fewer penalties. So because financial data is less than financial gain.Learn more:
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Which of the following would be most likely to lead to higher interest rates on all debt securities in the economy?
a. Households start saving a larger percentage of their income.
b. The economy moves from a boom to a recession.
c. The level of inflation begins to decline.
d. Corporations step up their expansion plans and thus increase their demand for capital.
e. The Federal Reserve uses monetary policy in an attempt to stimulate the economy.
If corporations step up for diversifying the plans due to which the demand for capital should be increased so due to this there should be high-interest rate for all debt securities.
The following will be the reasons for decreasing the rate of interest:
If a household begins so it saves the income but at the same time, the rate of interest should be decreased also the money of supply is increased.If the economy shifted from boom to recession period so the rate of interest should be decreased.When inflation should be decreased, so the rate of interest should also be decreased.When the monetary policy should be used so the rate of interest is also increased.Therefore we can conclude that if corporations step up for diversifying the plans due to which the demand for capital should be increased so due to this there should be high-interest rate for all debt securities.
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Which of the following does someone using fundamentals analysis look at
when analyzing a particular stock?
A. How socially responsible the company's practices are
B. A company's traits such as revenues and earnings per share
C. Overall trends in the market such as bull and bear markets
D. The difference between earnings and interest rates
Answer:
U.S. increases sugar import quota by 90,100 tonnes
Explanation:
U.S. increases sugar import quota by 90,100 tonnes: The U.S. Trade Representative also said it would allow this additional volume to enter the country up to Oct. 31, a month later than usual. The U.S. fiscal year ends at the end of September. #accelerationism
Answer:
B. A company's traits such as revenues and earnings per share.
Explanation:
took the test and got it wrong. this was the correct answer shown
Which sources would likely be a good starting point when beginning research on a topic that you do not know well?
When you are just starting to study about a subject and require general information, reference materials might be helpful. Encyclopedias and dictionaries are a couple of examples of them.
What is an Encyclopedia?An encyclopedia is a work of reference or a compendium that offers summaries of information that is generic or unique to a certain topic or discipline. Encyclopedias are broken up into sections called articles or entries that are listed in alphabetical order by the article's title or by subject categories, or else are hyperlinked and searchable by random access. In comparison to most dictionaries, encyclopedia entries are lengthier and more in-depth. Generally speaking, encyclopedia entries concentrate on linguistic information about words, such as their etymology, meaning, pronunciation, use, and grammatical forms, as opposed to dictionary entries, which concentrate on factual information about the subject specified in the entry's title.
In the 18th century, the dictionary served as the foundation for the modern encyclopedia. Both encyclopedias and dictionaries have historically been researched and published by educated, knowledgeable content experts, yet they differ greatly in format.
What is a dictionary?A dictionary is a list of words and their definitions in alphabetical order. Dictionary assist users in looking up meanings to gain a deeper comprehension of a word as well as a broader comprehension of a language or subject. Although there are hundreds of free online dictionaries available, many computers do not come with an electronic dictionary. A dictionary essentially has a list of terms together with information on each one. The list might make an effort to be an exhaustive inventory of a language or it might merely cover a tiny portion of it. A glossary is a common name for a brief list that occasionally appears at the end of a book. A concordance is a word list that serves as an index to a small body of work and includes references to each passage. Theoretically, a good dictionary may be created by compiling numerous concordances into a single list. A gazetteer is a word list that exclusively contains geographical names.
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Important reasons for constructing a policy statement include: A. Helps investors decide on realistic investment goals B. Create a standard by which to judge the performance of the portfolio manager C. Develop an instrument to judge risk D. Choices A and B
The important reasons for constructing a policy statement would be option D. Choices A and B as investor's realistic decisions and measuring the manager's performance both are important and can be done by this.
The investment policy statement is a planning and communication document that
finalizes the understanding between client and managerIncorporates a client's requirements, choices, and circumstances to create an integrated statement that reflects the objective and constraints of the client.So, it will help the investment process to an investor to identify and make decisions on setting realistic goals. This also makes a standard or scale to which the portfolio manager can be judged for his performance evaluation.
Thus, the correct answer is - option D. choices A and B.
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Sean received an ad for bundled television, phone, and Internet service that cost substantially more than he is
currently paying. At the same time, he received a notice
from his utility company that summer rates would be
increasing. His textbooks are costing twice as much as they
did last year, and yesterday, gas cost 30 cents more per
gallon than it did last week. He can't help but marvel at how prices are rising when so many people have lost their jobs and are cutting back on expenditures. He is certain that this situation is an example of stagflation.
O true
O false
Which of the following skills do employers in any field expect their employees
to have?
Answer:
Where is the rest of the options of your question?
The principal assets of commercial banks are:
what is the difference between price, cost and opportunity cost in economics
A rotary engine powers a vertical takeoff and landing (VTOL) personal aircraft known as the Moller Skycar M400. It is a flying car known as a personal air vehicle (PAV), and it is expected to make its first untethered flight in 2020. The PAV has been under development for 23 years at a total cost of $90 million. Assuming the $90 million was spent in an equal amount each year, determine the future worth at the end of the 23-year period at an interest rate of 11% per year.
Producing products that are individualy designed to meet the needs of a specific customer where each customized product is manufactured separately is the
definition of:
O process production
O mass production
O job order production
O service production
explain the term
tourist
Answer:
A tourist is a person who is visiting a place for pleasure and interest, especially when they are on holiday. ... It is a top tourist attraction that is visited by thousands of people each day
Answer:
A tourist is a person who comes from a different state or country that is visiting some where to try out new things in that state like the alcheteture the food, the culture and more. They are visting to see things that thay wouldnt be able to see where they live.
Explanation:
