Assets Owner's equity Liabilities, or $3,500 $2,000 $ 1,500, is a variant of the fundamental accounting equation. As a result, options (b) $1,000, (c) $2,500, and (d) $2,000 are unsatisfactory. Hence (a) is correct option.
Look up the entire assets and equity on your balance sheet to find the total amount of obligations. Calculating total liabilities can be rather easy. Any liabilities, both long- and short-term, must simply be added together. Additionally, any off-balance sheet obligations a company may have should also be included in this computation. Add together your obligations and equity to get your total assets. Since liabilities have a negative value, the most straightforward way to get total assets using this technique is to deduct liabilities' value from equity's or assets' value.
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As of December 31, 2020, Kent Company has assets of $3,500 and owner's equity of $2,000. What are the liabilities for Kent Company as of December 31, 2020?
a. $1,500.
b. $1,000.
c. $2,500.
d. $2,000.
The total liabilities for Kent Company as of December 31, 2020, are $1,500.To find the total liabilities for Kent Company as of December 31, 2020, we need to use the accounting equation: Assets = Liabilities + Stockholders' Equity.
We know that Kent Company's total assets are $3,500 and its total stockholders' equity is $2,000. Therefore, we can rearrange the equation to solve for liabilities:
Liabilities = Assets - Stockholders' Equity
Liabilities = $3,500 - $2,000
Liabilities = $1,500
So the total liabilities for Kent Company as of December 31, 2020 is $1,500.To find the total liabilities for Kent Company as of December 31, 2020, you can use the accounting equation:
Assets = Liabilities + Stockholders' Equity
We know that the total assets for Kent Company are $3,500 and the total stockholders' equity is $2,000. Plugging these values into the equation, we get:
$3,500 = Liabilities + $2,000
To find the total liabilities, subtract the stockholders' equity from the assets:
Liabilities = $3,500 - $2,000
Liabilities = $1,500
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Suppose a firm spends $10,000 to train its employees on a new, company-wide software program that it has already purchased and intends to adopt in the following month. In this case, the knowledge gained through the training is considered:Multiple choice question.
"Suppose a firm spends $10,000 to train its employees on a new, company-wide software program..." the knowledge gained through the training is considered the company asset knowledge. This is further explained below.
What is a software program?Generally,software program is simply defined as to put it another way, software programs are typically described as a collection of instructions (or modules or processes, depending on the context) that enable a certain sort of computer function.
In conclusion, Knowledge obtained via training is considered an asset by the business if it costs $10,000 to teach its staff on a new, company-wide software application.
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A probability distribution has been developed, and the probability of 2 arrivals in the next hour is 0.20. A random number interval is to be assigned to this. Which of the following would not be an appropriate interval?
A) 01-20 B) 21-40 C) 00-20 D) 41-60 E) all of the above would be appropriate
Answer: C) 00-20 would not be an appropriate interval.
The probability of 2 arrivals in the next hour is 0.20, which means that 20% of the time, there will be 2 arrivals in the next hour. To assign a random number interval to this probability, we can divide the range from 0 to 100 into intervals that correspond to the probabilities. In this case, since the probability is 0.20, we can assign the interval 01-20 to represent this probability. Similarly, we can assign the intervals 21-40, 41-60, etc. to represent other probabilities. However, assigning the interval 00-20 would not be appropriate since it overlaps with the interval 01-20 and would result in double counting the probability of 2 arrivals in the next hour. Therefore, option C) 00-20 would not be an appropriate interval.
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an individual taxpayer sells stock with a basis of $11,000 to her brother for $7,600. the value of the stock 30 days prior to the sale is $9,600. the taxpayer has no other capital asset transactions during the year. what amount, if any, can the taxpayer deduct on her tax return for the loss sustained? $3,000 $0 $3,400 $1,400
Option (c), $3400. The taxpayer cannot deduct the loss sustained on the sale of the stock to her brother on her tax return.
According to IRS rules, losses on sales or exchanges between related parties are generally not recognized for tax purposes. In this case, the taxpayer sold the stock to her brother, who is considered a related party. Therefore, the loss of $3,400 ($11,000 basis - $7,600 selling price) cannot be deducted on the taxpayer's tax return. Additionally, the fact that the value of the stock 30 days prior to the sale was $9,600 is not relevant for tax purposes in this situation.
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The weak form of the efficient-market hypothesis asserts that stock prices do not rapidly adjust to new information contained in past prices or past data. stock prices do not rapidly adjust to new information contained in past prices or past data, and future changes in stock prices cannot be predicted from past prices. technicians cannot expect to outperform the market. future changes in stock prices cannot be predicted from past prices, and technicians cannot expect to outperform the market. future changes in stock prices cannot be predicted from past prices.
Which of the following elements comprise strategic management? (Check all that apply.)Multiple select question.a. formulationb. implementationc. realizationd. analysise. definition
The three main components of strategic management are strategic analysis, strategic choice, and strategy implementation.
Which components make up strategic management?Strategic management frequently entails strategy assessment, internal organization analysis, and company-wide strategy implementation.
What are the five components of strategy?These five components of strategy are arenas, differentiators, vehicles, staging, and economic logic. Donald Hambrick and James Fredrickson, two strategists, created this paradigm.
What are the fundamental four components of strategy?Visioning, goal-setting, resource allocation, and prioritization are the four most commonly acknowledged fundamental elements of corporate strategy.
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To encourage the formation of small businesses, the government could provide subsidies; these subsidies would:A. be included in GDP because they are part of government purchases.B. be included in GDP because they are part of investment expenditures.C. not be included in GDP because they are transfer payments.D. not be included in GDP because the government raises taxes to pay for them.
Option B - subsidies would be included in GDP because they are part of investment expenditures.
Subsidies provided by the government to encourage the formation of small businesses would be included in GDP (Gross Domestic Product) as part of investment expenditures. Investment expenditures refer to spending on capital goods, such as equipment or machinery, and other expenditures aimed at expanding production or improving efficiency. The subsidies are considered part of investment because they provide financial support to businesses, allowing them to invest in their operations and expand their production capabilities. However, it is important to note that the impact of subsidies on GDP can vary depending on factors such as the size and nature of the businesses receiving the subsidies and the effectiveness of the program in promoting economic growth. While subsidies may help to stimulate economic activity in the short term, their long-term impact on economic growth and sustainability is subject to debate among economists and policymakers.
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on page 10 Lewis writes, “Tragically, even after the Holocaust, antisemitism continued to fester in Poland and other countries.” Lewis uses "fester"
Lewis uses the word "fester" to underscore the ongoing struggle against antisemitism, emphasizing the need for continued vigilance and action to combat this persistent problem.
In this context, Lewis uses the word "fester" to describe the persistent and destructive nature of antisemitism in Poland and other countries after the Holocaust. The term "fester" implies a process of infection, decay, and worsening of a problem over time, which is an apt description of how antisemitism persisted and grew despite the devastating impact of the Holocaust on the Jewish population. By using the word "fester," Lewis conveys a sense of urgency and gravity about the issue of antisemitism, highlighting how it can linger and worsen if not addressed effectively. The use of this term also suggests that the problem of antisemitism is not a passive or benign condition, but rather an active and destructive force that can cause significant harm to individuals and communities.
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Which cognitive heuristic involves estimating the likelihood of a given outcome based on how easy it is to imagine that outcome?.
They described the availability heuristic as "whenever extrapolates frequency or probability from the ease with which an instance or association can be recalled."
Simply put, we estimate the likelihood of things happening with reference to our easily recalled memories. Estimating the frequency or probability of an event based on how easily examples of the event come to mind. A heuristic is described or described as an approach or method. Applying pragmatic methods to solve problems is not perfect, but at least it helps in that particular moment.
A type of heuristic, availability heuristics, can be described as situations where you evaluate or solve a problem or make an immediate decision using the first example that comes to mind about a problem or event. This may not be accurate or perfect, but it's helpful for now. Another type or example of heuristic is the representativeness heuristic.
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Subcontracting means____. a. Using government programs b. Hiring other firms to do the work c. Offering employment contracts d. Hiring full time permanent employees
Answer:
b. Hiring other firms to do the work
Explanation:
Subcontracting is the practice of hiring or outsourcing, part of the obligations , duties and work under a contract to another firm. this firm is known as a subcontractor
List 3 components of markey environment
Investment in bonds or stock in which the company plans to hold the investment for longer than one year is classified as a ________.
Investment in bonds or stock in which the company plans to hold the investment for longer than one year is classified as a long-term investment.
Investment definition is an asset acquired or invested in to build wealth and save money from the hard-earned profits or appreciation. Investment meaning is primarily to gain an additional source of income or gain profit from the investment over a specific time period.
Making an investment is an effective way to put your money to work and potentially build wealth. smart investing may allow your money to outpace inflation and growth in fees. The greater growth potential of investing is ordinarily due to the power of compounding and the risk-return tradeoff.
A stock, also called equity, is a safety that represents the ownership of a fraction of the issuing corporation. units of stock are called "shares" which entitles the owner to a share of the enterprise's assets and profits equal to how much stock they own.
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Who determines prices in a free market system?
In a free market system, prices are determined by the forces of supply and demand. When the demand for a good or service is high and the supply is low, the price will tend to be higher. Conversely, when the demand is low and the supply is high, the price will tend to be lower.
Additionally, the cost of production, competition, taxes, subsidies and other factors also play a role in determining prices in a free market system. Businesses will need to consider these factors when setting prices for their products and services.
It is important to note that a truly free market is a theoretical construct, and in reality, there are always some government regulations, taxes, subsidies, and other factors that can affect prices. In some cases, government intervention can also play a role in determining prices in a free market system.
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Review the statements below to determine the correct definition of a credit memorandum.
A. The bank notifies the depositor of each deduction to the account with a credit memorandum.
B. The bank notifies the depositor of each increase to the account with a credit memorandum.
C. Whenever the balance in the account becomes overdrawn, the bank issues a credit memorandum.
D. Whenever a check is drawn against the account, the bank issues a credit memorandum.
Answer:
Review the statements below to determine the correct definition of a credit memorandum.
A. The bank notifies the depositor of each deduction to the account with a credit memorandum.
xXxAnimexXx
Happy Labor day!
How can discussions,projects,campaigns and events support victims of xenophobia
Answer: They can raise awareness
Explanation:
Xenophobic victims have been through a lot of discrimination, hatred, physical abuse in most scenario. What most of them need in most cases are encouragement, opportunities to help them better.
Any project, campaign and event done would also raise awareness to those discriminating against them to understand that there is no need for that, most times some of this programs are for raising the awareness and when these awareness are raised they help the sanity of the environment where this xenophobic activities happen previously.
What is the main characteristic of short run in economics?
The main characteristic of short run in economics is that at least one factor of production is fixed while the other factors can be varied.
This means that in the short run, a firm cannot change the size of its factory or the amount of land it owns, but it can change the number of workers it employs or the amount of raw materials it uses.
In the short run, a firm can increase its output by increasing the use of variable factors of production, such as labor and raw materials. However, since at least one factor of production is fixed, there are limits to how much the firm can increase its output in the short run. This is why the short run is often associated with the concept of diminishing returns, where increasing the use of variable factors of production leads to smaller and smaller increases in output.
In summary, the main characteristic of short run in economics is that at least one factor of production is fixed while the other factors can be varied. This means that a firm can increase its output in the short run by increasing the use of variable factors of production, but there are limits to how much it can increase its output due to the presence of fixed factors of production.
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All employers in the U.S. Pay "payroll taxes" on behalf of employees. The Medicare portion of this is 1.45% of pay. If an employee makes $480 in a week, how much does the employer contribute for Medicare?
Answer: $6.96
Explanation:
Weekly earning = $480
Medicare tax rate = 1.45%
1.45% = (1.45/100) = 0.0145
Medicare contribution = Medicare tax rate × weekly earning
Medicare contribution = 0.0145 × $480 Medicare contribution = $6.96
The employees weekly contribution that is apportioned for Medicare is $6.96
Answer:
$7.10 USD
Explanation:
If the Employer is paying 1.48% of the employees paycheck to Medicare on their behalf then in order to calculate the actual amount we must first change the percentage into a decimal by dividing it by 100.
1.48 / 100 = 0.0148
Now that we have the percentage as a decimal we multiply it by the amount that the employee made that week, which in this case is $480
480 * 0.0148 = 7.104
Therefore we can see that $7.10 USD goes to medicate this week.
In addition to needs, what should you plan for first when
creating a budget?
Answer: recurring expenses
Explanation:
_____is purchased in carload shipments, where each carload contains enough steel for 1,000 parts.
steel is purchased in carload shipments, where each carload contains enough steel for 1,000 parts.
What is Delivery order?
A delivery order is a written request for the release of the conveyance of cargo to another party from a consignee, owner, or his agent of freight carrier. In most cases, the written order authorizes the direct delivery of the items to a warehouseman, carrier, or other individual who, as part of their regular job, provides warehouse receipts or bills of lading. A delivery order is defined as "an order delivered by an owner of goods to a person in possession of those goods (the carrier or warehouseman), directing that person to deliver the items to a person identified in the order." This definition is taken from the Uniform Commercial Code (UCC).
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Describe the three different ways the argument section of a cover letter can be formatted.
Answer:
i think they are personal, formal and informal
Explanation:
im not sure but i think thats it
The three different ways for formatting the argument section of a cover letter are paragraphs, bullet points, and T-form.
The formal paragraph format uses the block paragraphs ideal for a business letter, wherein the argument of the cover letter is presented in the second and third paragraphs in complete sentences.
The bullet points format lists the argument of the cover letter as bulleted points instead of in paragraph form. Using bullet points focuses on the applicant's qualifications, making them attractive to the reader.
Lastly, the argument section of the cover letter can be presented in a T-form. This format enables the applicant to compare the requirements of the vacancy notice with their qualifications.
Thus, the argument section of a cover letter can be formatted uniquely, depending on the occasion and the reader.
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If PPE will be used, what should employers develop and maintain in the workplace?
A. A written PPE program.
B. An industrial shower.
C. Dressing room.
D. Proper resting locations.
Answer:
A. A written PPE program.
A written PPE program should employers develop and maintain in the workplace. Thus, option A is correct.
What is a workplace?People undertake duties, jobs, and activities for a boss in a business, often known as their workplace. A workplace provides a setting for an employee to carry out a specific duty.
It is regarded as the context in which individual operates and includes the physical location, the nature of their work, the corporate culture, and the immediate surroundings.
Employees must receive written confirmation from their employers attesting to their completion of PPE training. The understanding of the training by the personnel must be confirmed in writing by the employer. Additionally, firms must generally offer employees the PPE they need free of charge. Therefore, option A is the correct option.
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According to the rule of 72, if you deposit
$100 in an account that pays 9% compound
interest, how long will it take that initial deposit
to reach $200?
Answer:
Compound Interest works in a continuous pattern.
The formula is x = 100*(1.09)^y
x = the amount received after interest.
y = the number of years
x = 100*(1.09)^9
x = $217.19
It would take 9 years for the initial deposit to reach $200
What is a dishonored cheque? Give six reasons for dishonoring the cheque. (iv) (v) (vi) What do the following abbreviations stand for? (1) : (iv) (1) (ii) Co... COD .... Inv... B/d.... Chq .... (v) Give three advantages of centralized filing. [1] [2] [6] [5] [3] (ii) (c) In relation to office etiquette, answer the following by choosing the best word or phrase from the lost below. (i). Courtesy is a quality of ......... [5]
Answer:
Explanation:
A dishonored cheque is a cheque that the bank refuses to honor or pay because of certain reasons. Here are six common reasons for dishonoring a cheque:
Insufficient funds: When the account holder does not have enough money in their account to cover the amount written on the cheque.
Irregular signature: When the signature on the cheque does not match the signature on the account holder's records.
Stale cheque: When the cheque is presented for payment after a certain period (usually 3 to 6 months) from the date of issue.
Post-dated cheque: When the cheque is dated for a future date and is presented for payment before that date.
Account closed: When the account on which the cheque is drawn is closed before the cheque is presented for payment.
Alterations or discrepancies: When there are changes or discrepancies in the amount written in words and figures or when there are alterations or erasures on the cheque.
Abbreviations:
(iv) - abbreviation for "in view"
(1) - abbreviation for "line"
(ii) - abbreviation for "page"
Co. - abbreviation for "company"
COD - abbreviation for "cash on delivery"
Inv. - abbreviation for "invoice"
B/d - abbreviation for "brought down"
Chq - abbreviation for "cheque"
Advantages of centralized filing:
Easy retrieval: With all files stored in a central location, it is easier and faster to retrieve the required files when needed.
Consistent filing system: A centralized filing system ensures that all files are organized and filed in a consistent manner, making it easier to locate files and avoid misfiling.
Space-saving: Centralized filing reduces the need for multiple filing cabinets or storage spaces in different areas of the office, saving valuable office space.
In relation to office etiquette:
(i). Courtesy is a quality of professionalism.
what is qbasic program
Answer:
structured programming language :)
Explanation:
Answer:
structured
Explanation:
Community colleges and vocational schools offer programs in maintenance and repair.
Answer:
yes, yes they do
Explanation:
Outline why it is important for a business owner to respond to technological and global issues when establishing a business?
Technology enables an increase in the efficiency of systems, products, and services. It helps track and streamline strategies, hold records go with the flow, and control contacts and employee records.
In reality, this expanded efficiency in operation enables lessened costs as well as allows the commercial enterprise to develop swiftly.
Technology has vital consequences on commercial enterprise operations. Irrespective of the scale of your business enterprise, technology has both tangible and intangible advantages that will help you make money and produce the results your customers demand. Technological infrastructure affects the subculture, performance, and relationships of a business.
The use of technology has made commercial enterprises and clients closer in many areas. E-mail and Social Media are getting used for answering queries related to products and services with clients. Giving customers all feasible methods to contact the agency is simple with the latest technology and packages over the internet.
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question 8 a company is receiving negative comments on social media about their products. to solve this problem, a data analyst uses each of their five analytical skills: curiosity, understanding context, having a technical mindset, data design, and data strategy. this makes it possible for the analyst to use facts to guide business strategy and figure out how to improve customer satisfaction. what is this an example of?
This is an example of Data-driven decision-making.
What is Data-driven decision-making?Using facts, measurements, and data to inform strategic business decisions that are in line with your goals, objectives, & initiatives is known as data-driven decision-making (DDDM). Businesses may provide real-time insights and forecasts to improve their performance by using data-based decision making. By doing this, companies may evaluate the efficacy of various methods and decide which company actions will result in sustained development.
Search for systems that provide a variety of reporting levels and formats. Look for dashboards that offer several degrees of analytics and forecasts in addition to information extraction. Investigate networks that reveal connections and patterns.
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Stormie Zanzibar owns a bakery in the fictitious country of Olombia. Each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. The list also dictates the types of goods she can sell at the bakery and what she is to charge. Because of the regulations placed on these goods, Stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. She has taken these steps because the sweet goods’ prices are not government controlled. Stormie Zanzibar lives under what type of economy?
Answer:
The correct answer is: a centralized planned economy.
Explanation:
To begin with, a planned economy is a type of economic system where the investment, the production and more take place under a production plan develop by the organization in charge, in this case, the government. Moreover, a centralized form of planned economy characterizes by the qualities of not letting the people and the market decide freely by instead is the government who takes all the decisions that will impact in the economy.
The fact that Stormie receive a list with all the information about the prices and restrictions in the economy indicates that she lives under a centralized planned economy system.
58:50
Shona is buying a rug for her room. Store A has the rug for $45 with a 10% discount. Store B has the same rug for
$46 and is offering a $10 off coupon. The sales tax is 6% on either purchase. If Shona only has $40 to spend, which
store will she purchase the rug from, and how much will she have left over?
Answer:
Shona can afford the rug in store B. She will have $1.84 left over.
Which formula is a complex formula?
=10-(A3-D13)
=10-(A3-D13)
=5+A1*B1
=5+A1*B1
=D6/E10
=D6/E10
=C3+10+E3
The option that is a complex formula is B. = 5 + A1 * B1.
What are complex formulas on spreadsheets?Spreadsheets allow us to record data and perform advanced calculations that allow us to interpret the data recorded and make decisions off of that data.
To do this, spreadsheets use formulas. Some of those formulas are simple and others are complex. The formulas that are considered to be complex will be those that have more than one mathematical operation. This means that a single formula will have addition, and subtraction, or some other operation.
=5+A1*B1 has both addition and multiplication and so is a complex formula.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.