Answer: Storage business
Explanation: Non-transitory, semi-permanent or long-term, containment, holding, leaving, or placement of goods or materials, usually with the intention of retrieving them at a later time. It does not include the interim accumulation of a limited amount during processing, maintenance, or repair.
On March 25, 2014, Patton Company sold merchandise on account,$10,000. The applicable sales tax percentage is 8.5%. Record the transaction.
Answer:
Kindly see attached picture
Explanation:
Sales tax percentage= 8.5%
Sales = 10,000
Sales tax payable = 0.085 × 10000 = 850
Accounts payable = 10000 + 850 = 10850
Kindly see attached picture for journal entry
Discuss the rationale of organizing an industrial strike in resolving employees dispute with the state, focusing on the detrimental effects strikes has on various stakeholders in an economy
Answer:
Strike action occurs when a group of
people or union suspend their working activities in order to make their displeasure known about certain factors which may include their working conditions. Strikes help in making sure there are changes and adjustments most of the time.
The workers on strike halt all types of production which leads to very little or no productivity at that moment in time. This translates to loss/debt being accrued as long as the strike is still ongoing.
Hadley Corporation issued 200,000 shares of $5 par value common stock for $25 per share. During that year, the corporation sustained a net loss of $40,000. The year-end balance sheet would show A : total paid-in capital of $4,600,000. B : total paid-in capital of $5,400,000. C : common stock of $5,000,000. D : common stock of $1,000,000.
Answer:
D : common stock of $1,000,000
Explanation:
Hadley Corporation
Issued shares × par value common stock
Issued shares 200,000
Par value common stock $5
Hence:
200,000 x $5
= $1,000,000
Therefore the year-end balance sheet would show a common stock.of $1,000,000
How does saving money help people avoid debt?
A.by helping them reduce interest payments
B. By helping them get approved for loans
C.by helping them apply for credit cards
D. By helping them cover unforeseen expenses
Answer:
D. By helping them cover unforeseen expenses
The demand side of economic policy, refers to the actions undertaken by a nation's central bank to control money supply to maintain economic growth. This is an example of
Inflation
monetary policy
Debt management
Loans
Answer:
The perspective of economic policy that focuses its efforts to follow a national central bank when it wants to make sure money supply is regulated to achieve a continuous economical positive development is an example of:
monetary policy
Explanation:
The reasons behind this answer are that monetary policy is the concept used to represent the efforts of a certain monetary organization to make sure the interest rates are set in the best scenario to enable borrowers to pay their debts. Pointing to a scenario of economical and monetary stability that would support the country in times of economical distress.
If you wanted to add text to the top of every page in your document, which feature would you use?
Footer
Backstage View
Page Layout
Header
Answer:
Header
Explanation:
The Header adds texts to the top of each page.
Answer:
HEADER and FOOTER
Explanation:
PLATO
SOLVE THE GRAPH AND THE SUPPLY OR SHORTAGE AND THE PRESSURE OF PRICE
Answer:
probably cant figure it out
Explanation:
Is this statement true or false?
Businesses react to contractions in the economy by increasing output.
true
false
Answer:
This statement is false.
Businesses don't react to contractions in the economy by increasing output.
Explanation:
The reason behind this answer is that if companies increase their production to sell more, they are going to drive the price down. This is what happened with the recent oil crisis. The demand was down (this is the major phenomenon in a contraction, consumption goes down) and they didn't stop producing or reducing their production. U.S. oil production increased. Driving its price down. So, because this happened their business models were not efficient anymore and they required bailouts to not go bankrupt. So, they don't act like this. They reduce their costs, prices, and look for government subsidies in their products.
Help please: Free rein leaders can be described as ____
Free rein leaders are a type of leadership style that can be described as democratic.
What are Free rein leaders?Free-rein leadership, also known as laissez-faire leadership, is a type of leaders in which supervisors take a back seat and let group members judge.
Managers set goals, and employees are easy to do whatever is necessary to meet those goals.
This leadership is described as democratic because here the peoples having the authority to consider and decide the legislation, is the same as the laissez-faire leadership in which the leader judges.
Therefore, Free rein leaders can be described as democratic.
Learn more about the democratic, refer to:
https://brainly.com/question/14320124
How much yearly revenue does soccer brings in?
Answer:
Soccer is a sport which gets majority of its revenue from television rights and tournament sponsors.
The Men’s World Cup tournament is known by the governing body, FIFA to generate more money than any other tournament. FIFA was believed to have earned more than $6 billion in its last organized men’s tournament.
This translates that the total revenue soccer brings in is in the region of hundreds of billions of dollars.
Steve introduces in-house technical training programs for employees, as well as a provision to reimburse the tuition fees for employees who take college courses that benefit both the employee and the organization. Steve is using ________ to motivate and retain employees. high-performance work practices performance appraisal methods affirmative action mentoring
A) performance appraisal methods
B) high-performance work practices
C) mentoring
D) affirmative action
Answer:
B, High performance work practices
Explanation:
High performance work practices cab be defined as those practices that improve a firm's ability to attract, select, develop, hire as well as retain high performing personnel.
Simply put, high performances work practices can be defined as the ability of a company to attract high performing personnel to itself through selection, hiring, development, etc.
In the case of the question, Steve is doing his best to increase the effieciency of the employees by trainng, hiring, etc to ensure that the employees are high performance; which means the firm productivity will increase.
Cheers
What is a real account?
Answer:
A real account is an account that will not close at the end of the considered year. So apparently, balances in real accounts are carried over to become the the start of balances of the next year/period. Real accounts are also permanent accounts.
Help me stuck on this!!!!!
Explain THREE reasons why some entrepreneurs may prefer to keep their businesses small.
Answer:
It may provide more money, less people will try to buy your store, and it also helps with your credit
Explanation:
Polly borrowed $285 for a new floor lamp. She will make 5 monthly payments of $62 to repay the loan. How much will she pay in
interest?
$285
$62
$25
$310
$50
The founders of the U.S. wanted to avoid establishing a permanent aristocracy or group of wealthy families who could control a great deal of the nation’s wealth. How is this idea related to estate and gift taxes?
Answer:
There are two points that I would like to single out that are very similar. First by implementing tax and gift taxes, Founding Father wanted to weaken families and business of that time, since there was a threat that rich families could become permanent aristocracy which over time could lead to the point where that families will rule the US. Second, by implementing those two taxes, government is taking a share from receivers since the receivers are getting some good that they did not earn it, they have just received it as a gift or as an estate. This way inheritance or gift would be of a much lesser value then it was before someone’s death or before someone made a gift. This was important because wealth of powerful families would just accumulate and grow so government of that time, strictly out of political reasons, prescribed those two taxes, so that the wealth will be smaller of value after tax.
The idea of avoiding an aristocracy by the founders of USA is related to estate and gift taxes because:
There was a need to reduce the influence of the wealthyAccording to the given question, we are asked to show the link which the founders of America had to preventing aristocracy and imposing estate and gift taxes.
As a result of this, we need to remember than an aristocracy is a government based on the wealthy and influential members of the society and this was one of the things which the Founding Fathers of America sought to prevent.
With this in mind, we can see that they imposed gift and estate taxes which was specifically targeted at the extremely wealthy so that their influence would be reduced and the country would not become an aristocracy.
Read more here:
https://brainly.com/question/20830385
The cost of a secured loan is typically lower than the cost of an unsecured loan because _______.
Answer:
It’s requires Collateral
Explanation:
A secured loan requires you to have some thing as collateral damage, for example your house if you own.
The cost of a secured loan is generally lower than the cost of an unsecured loan because it requires collateral.
What is Secured loan?A secured loan is defined as a loan in which the borrower pledges some asset as collateral for the loan, which then becomes a secured loan to the creditor lending the loan.
It is a type of loan backed by collateral where a financial asset we own, such as a home or car can be used as payment to the lender if we don't repay the loan.
The idea behind a secured loan is the basic idea, so lenders accept collateral against a secured loan to encourage borrowers to repay the loan on time. After all, the prospect of losing your home or car is a powerful motivator to pay down the loan, and to avoid repossession or foreclosure.
Thus, the cost of a secured loan is generally lower than the cost of an unsecured loan because it requires collateral.
Learn more about Secured loan, here:
https://brainly.com/question/17077155
#SPJ2
What were the two main opposing views of Adam Smith and Karl Marx?
Answer:
Adam Smith, author of "The Wealth of Nations", was a staunch believer in the free market and private property. Karl Marx, on the other hand, believed that the free market was destroying the world and leading to the "exploitation" of the middle class and the poor.
Drag each tile to the correct location. Match each scenario to the appropriate form of business communication. Arty wants to talk with a coworker about providing support for another coworker. Samir wants to share an editing checklist he created with his team. Elena wants to quickly ask her team leader a question about a task she's working on. Rosanna needs to talk to an employee about his poor performance.
Answer:
digital messaging:
Samir wants to share an editing checklist he created with his team.Elena wants to quickly ask her team leader a question about a task she’s working on.face-to-face or phone calls
Rosanna needs to talk to an employee about his poor performance.Arty wants to talk with a coworker about providing support for another coworkercraig thought he could earn $1,000 selling paintings in 6 months. instead, he made $1,200. what is the percentage difference?
Answer:1,200
Explanation:
If I'm wrong please correct me but here how I got that answer.
1200x6=7,200
1000x6=6000
7,200-6,000= 1,200
Parent corporation owns all of subsidiary corporations stock in addition parent corporation owns $100,000 of subsidiary corporation's bonds. When subsidiary corporation is completely liquidated
Answer:
In this case, when the subsidiary corporation is completely liquidated they have to pay the $100,000 in the subsidiary corporation's bonds.
Explanation:
The reason behind this answer is that in case the subsidiary corporations decide to liquidate all of their assets in any case. They still have a debt to the parent corporation of $100,000. So, after they liquidate they have to take some of the money to pay the debt issued of those bonds. No matter what, or the parent company can write a lawsuit against them for not doing so.
outline one impact that use if technology, such as contactless payment systems, could have on a restaurant
Answer: it will increase spending in the restaurant by customers.
Explanation: Contact less payment systems involve the use of credit cards, debit cards, smart cards and smart phone and other devices which uses radio frequency identification (RFID) or near by field communication to pay for goods or services.
Contactless payment systems have had impact on spending since it inspection, it has increase spending because of the ease in payment.
which word best describes the writing process in business writing ?
Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing
How should you dress for a phone interview? (Site 1)
online content
Answer:
You should at least have a nice top on because only the camera will see that. If you are a girl you could just wear a dress, probably a black one because that is what I wore to my interview yesterday because there is no pattern or anything it's just a plain black one, but that was in person. if you're a guy you need to wear a suit and tie,but you could probably just wear shorts because they won't see the bottom half of you
Explanation:
I hope this helps out a little bit :-)
An interview is a formal process by which an employee is assessed for his/her performance by the employer.
For a phone interview, one should be dressed properly as the interviewer can see you through the camera.
For a girl, you should be dressed nicely and no revealing or extra shiny clothes should be wore.
In the case of a man, one should be properly dressed in suits or formal shirts.
Try to wear dark black or blue coloured clothes and sit in a properly lighted area.
To learn more about phone interviews follow the link:
https://brainly.com/question/3701296
Create a minimum of 10 questions that you will ask your potential marketing client in order to be able to create and develop an advertising campaign for them. Utilize the information in the focus section above and in your course lessons. You will need to gather information about their company and its values, the area of focus for the ad campaign, target market, and other pertinent information.
Answer:
1. Are you advertising to a specific group of people/ Who is your target audience?
2. How would you reach out to that audience/What emotions are you trying to trigger within their minds?
3. How would you justify your prices?
4. Is your idea viable in the current market?
5. How would you differentiate your goods and services from any other similar products in the industry?
These are just examples. Hope this helps!
When we purchase certificates of deposit or bonds, we forgo ________ in exchange for interest.
A) Liquidity
B) Purchasing Power
C) Tax Payments
Answer:
A
Explanation:
Certificate of deposit is a form of deposit where money is deposited in a financial institution for a defined period of time in order to earn a return.
It has advantages in paying higher returns than some other form of savings and is even more secured , however liquidity is forgone for the interest.
This means that you can not withdraw your money before the defined time unless you are willing to forgo some accumulated interest and also pay early withdrawal penalty.
As cash is tied up , other investment opportunity that could bring a higher investment might be missed.
The name used to identify a reduction made from the original selling price.
Question 8 options:
a)
Cut Rate
b)
Markdown
c)
Decrease
d)
Markup
List five steps of the budget process
Answer:
1)The President submits a budget request to Congress
2)The House and Senate pass budget resolutions
3)House and Senate Appropriations subcommittees "markup" appropriations bills
4)The House and Senate vote on appropriations bills and reconcile differences
5)The President signs each appropriations bill and the budget becomes law
Explanation:
I put the five federal budget process steps. Hope this helps :)
HELP!!!
What is the effective tax rate for an individual whose taxable income is $150,000 and owes $28,977.50 in taxes?
A. 19.3%
B. 20.3%
C. 22.5%
D. 24.2%
E. 25.0%
Answer:
A: 19.3%
Explanation:
I took the test on Plato and this was the correct answer.
An individual with a taxable income of $150,000 and a tax debt of $28,977.50 has an effective tax rate of Option A.
What Is the Effective Rate of Taxation?The effective tax rate of an individual or a corporation is the percentage of income paid in taxes. The average rate at which earned (wages) and unearned (stock dividends) income is taxed is known as an individual's effective tax rate.
The effective tax rate refers to the corporation's overall tax rate on its earned revenue. To calculate the effective tax rate, divide the income tax expense by the profits (or income earned) before taxes.
For more information about Effective Rate of Taxation refer to the link:
https://brainly.com/question/12209552
#SPJ2
what is the point of getting points?
Answer:
So that you can go ask ur question
Explanation:
mark me as brainleist if that helps!!!!!!
the point is you level up in rank. so answer questions can take you to a higher rank and the higher rank you are, the more people will thank you. you can go from helping hand to an Ace! being able to help people is enough for me. the points are just a cool way of showing that you’re appreciated. and very smart too ; )
The Morrit Corporation has $1,080,000 of debt outstanding, and it pays an interest rate of 11% annually. Morrit's annual sales are $6 million, its average tax rate is 25%, and its net profit margin on sales is 3%. If the company does not maintain a TIE ratio of at least 6 to 1, then its bank will refuse to renew the loan, and bankruptcy will result. What is Morrit's TIE ratio?
Answer:
3.020
Explanation:
Morrit Corporation
interest amount = $1,080,000*.11 = $118,800
Net profit = 3% *$6,000,000= $180,000
Net profit + tax = profit before tax =
180000/.75 = 240000
Profit before tax + Interest = Earning before interest and tax
= $240,000+$118,800 = $358,800
TIE ratio= EBIT/Interest = $358,800/118,800
= 3.020
Therefore the TIE ratio is 3.020
