The statement "In the affiliate revenue model, firms generate revenue by promoting and selling products or services through partner e-commerce sites" is false. The revenue is earned through commissions or a percentage of the sale made through the affiliate link.
The model is based on performance-based marketing, where the affiliate earns a commission only if a sale or lead is generated through their referral.
The affiliate revenue model has become increasingly popular in recent years as it provides a cost-effective way for firms to expand their reach and increase sales without having to invest in expensive marketing campaigns.
E-commerce sites benefit from this model as well by earning commissions on sales they wouldn't have otherwise made without the help of the affiliate.
In summary, the affiliate revenue model is a win-win situation for both firms and e-commerce sites, as it allows them to increase revenue and expand their customer base without incurring significant costs.
To know more about e-commerce refer here:
https://brainly.com/question/31260442#
#SPJ11
A business's general journal provides a place for recording all of the following except :
a) The names of the accounts involved.
b) The transaction date.
c) The amount of each debit and credit.
d) The balance in each account.
e) An explanation of the transaction.
A business's general journal provides a place for recording all of the following except the balance in each account.
The general journal is a chronological record of a business's transactions, organized by date. It provides a place for recording the names of the accounts involved in each transaction, the transaction date, the amount of each debit and credit, and an explanation of the transaction. The general journal is used to record transactions that do not fit into the specialized journals, such as the sales journal or the purchases journal. By recording all transactions in the general journal, the business can ensure that its accounting records are complete and accurate, and that the double-entry accounting system is being followed correctly. The general journal is also used as the basis for creating the business's financial statements, such as the balance sheet and the income statement.
Learn more about balance here
https://brainly.com/question/30128460
#SPJ11
while considering starting a small business, roy is curious about the role and opportunities available for small businesses in the global economy and marketplace. he sets up a conference call with an experienced small business owner to learn more. what does roy’s colleague likely share with him?
Small firms account for 43.5% of the US gross domestic product and two-thirds of new jobs (GDP).
Small businesses not only maintain the economy but also set the standard for innovation. In comparison to large patenting companies, small enterprises issue 16 times more new patents per employee. Small firms are adaptable enough to quickly change with the changing dynamics of the global economy. They can also use technology and outsourcing companies, which enable small enterprises to carry out the same tasks as larger ones without having to make a capital investment.
Global corporations have developed into a platform for fostering cross-cultural understanding, fresh idea exchange, greater government-to-government communication, and better goods and services. Globally, there are billions of individuals whose quality of life is impacted by multinational corporations.
To lean more about GDP from the given link.
https://brainly.com/question/1383956
#SPJ4
A massive amount of ammonia gas has been accidentally released near your office. You have a room without windows and relatively tightly sealed doors. Should you shelter in place?
Select the best option.
Yes
No
The statement A massive amount of ammonia gas has been accidentally released near your office. You have a room without windows and relatively tightly sealed doors is true as you should shelter in place if a massive amount of ammonia gas has been accidentally released near your office and you have a room without windows and relatively tightly sealed doors.
Sheltering in place means staying indoors and creating a barrier between yourself and the outside environment to reduce exposure to hazardous material. A room with a tightly sealed door can provide a good barrier against the outside air and help to prevent the entry of hazardous gases.
It is important to follow any instructions given by emergency responders and to stay informed about the situation until it is safe to leave.
To know more about hazardous material here
https://brainly.com/question/29630735
#SPJ1
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
Read more about net income here:
https://brainly.com/question/28390284
#SPJ1
If a company is in new york city, and a qualified applicant lives across the country in california, what would be the most cost effective interview format to use? a. distance interview b. performance interview c. group interview d. behavioral interview please select the best answer from the choices provided a b c d
Answer:
Answer: Distance Interview
Explanation:
As the company is situated in New York city and the candidate for the interview lives in California the company can choose distance interview. Distance interviews can be telephone interviews or video interviews or screen sharing to know about the candidate's knowledge.
This is a cost saving method and quick method rather than inviting the candidate to New York office for which the company has to pay for the travelling expenses. So this would be the most effective way for the applicant as well as the company.
Explanation:
Grand Garden is a hotel with 280 suites. Its regular suite price is \( \$ 220 \) per night per suite. The hotel's total cost per night is \( \$ 150 \) per suite and consists of the following. The hote
Grand Garden is a hotel with 280 suites. Its regular suite price is $220 per night per suite. The hotel's total cost per night is $150 per suite and consists of the following:
The hotel's total cost per night is made up of a number of costs, including direct costs and indirect costs. Direct costs are costs that can be directly attributed to the production of goods or services, while indirect costs are costs that cannot be directly attributed to the production of goods or services.
The hotel's total cost per night is the sum of the following costs:
$150 per suite per night for the room rental, $15 per suite per night for the cleaning of the room, $20 per suite per night for the maintenance of the room, $5 per suite per night for the energy costs associated with the room.
To know more about Garden visit:
https://brainly.com/question/32488147
#SPJ11
Which of the following choices incur speculative risk?
Ο stocks
Ο fire insurance on a house
Ο options
Ο life insurance
Ο high-interest savings account
Answer: stock are speculative
Explanation:
The option given that can incur speculative risk is option a. stocks.
What is speculative risk?The likelihood that an investment won't increase in value is known as speculative risk. Speculative risks are deliberate decisions, not merely the outcome of uncontrollable events.
Stocks are therefore one of the best known investments that have speculative risk because one cannot be sure of their increment in value, or their decrease in same.
Things like options and life insurance do not have speculative risk as they are based on choices and regular payments.
Find out more on speculative risk at
https://brainly.com/question/29297785
#SPJ1
At the same time we are sizing up others, we are providing nonverbal cues about our attitude toward them. Why might we NOT share these feelings verbally? a. Messages like these are much more safely expressed via nonverbal channels. b. Nonverbal cues can be ambiguous and you may be misinterpreting them. c. Verbal expressions are unreliable. d both a and b
Messages like these are much more safely expressed via nonverbal channels as they convey the message without being too direct and nonverbal cues can be ambiguous, which may lead to misinterpretation.Given the options, the correct answer is option D, both A and B.
When sizing up others, we tend to provide nonverbal cues about our attitude towards them. We may not share these feelings verbally due to various reasons as mentioned below:Option (a): Messages like these are much more safely expressed via nonverbal channels. Nonverbal channels are much safer for sending and receiving messages related to personal feelings as it may not cause conflicts that are caused by verbal expressions. Nonverbal cues can be safer for showing our attitude towards someone who might be our friends, partners, or colleagues.
Option (b): Nonverbal cues can be ambiguous and you may be misinterpreting them. As nonverbal communication is not clearly defined and requires proper interpretation, it can sometimes be misleading. It may convey a different message than what was intended.Option (c): Verbal expressions are unreliable. Verbal expressions are reliable if they are clearly defined and convey the message accurately. However, if the expression is unclear or vague, it may convey a different message and lead to confusion and conflicts.
Option (d): Both a and b. Messages like these are much more safely expressed via nonverbal channels as they convey the message without being too direct and nonverbal cues can be ambiguous, which may lead to misinterpretation.Given the options, the correct answer is option D, both A and B.
Learn more about ambiguous here:
https://brainly.com/question/31273453
#SPJ11
which of the following is not a characteristic of a perfectly competitive market?
a. Large number of firms in the industry
b. Outputs of the firms are perfect subtitutes for one another
c. Firms face downward-sloping demand curves
d. Resources are very mobile
The characteristic that is not associated with a perfectly competitive market is c. Firms in perfectly competitive markets face horizontal demand curves, not downward-sloping demand curves.
The downward-sloping demand curve is more typical of market structures such as monopolistic competition or oligopoly, where firms have some degree of market power and can influence prices.
In a perfectly competitive market, there are several key characteristics that distinguish it from other market structures. These characteristics include:
a. Large number of firms in the industry: A perfectly competitive market consists of many small firms, none of which have a significant market share. This ensures that no individual firm has the power to influence market price.
b. Outputs of the firms are perfect substitutes for one another: In a perfectly competitive market, the products offered by different firms are identical or very similar. Consumers perceive no difference between the products and are willing to switch between firms without any preference.
c. Firms face downward-sloping demand curves: This characteristic is not associated with perfectly competitive markets. In fact, in perfectly competitive markets, each individual firm faces a perfectly elastic or horizontal demand curve. This means that the firm can sell any quantity at the prevailing market price, but it has no control over the price.
d. Resources are very mobile: Perfectly competitive markets assume that resources, such as labor and capital, can easily move in and out of industries without any barriers. This ensures that resources can flow to the industries that offer the highest returns and promotes efficiency.
For more such question on market. visit :
https://brainly.com/question/25369230
#SPJ11
Bob wants to sell his home and doesn’t want to pay a fee, but he realizes he might have more prospects if he uses a broker. Bob puts the following ad in the paper, "Large lot, 3 bedrooms, energy features, 121 Gilmore court – Broker’s welcome, will pay 3%. " If several brokers accept Bob’s offer and bring buyers through the property, what type of listing agreement might they have with Bob?
In this scenario, the type of listing agreement they have with Bob's Open listing.
The option (A) is correct.
Open listing is an authoritative arrangement under which the posting dealer goes about as the specialist or as the lawfully perceived non-office illustrative of the seller(s), and the seller(s) consents to pay a commission to the posting merchant provided that the property is sold through the endeavors of the posting intermediary.
In an open listing, vendors dispose of the selectiveness provision with the deal enlist arrangement. This implies the proprietor can find and sell the actual home assuming that they decide to. They additionally can recruit however many land merchants and specialists to sell the posting as could be allowed.
Learn more about listing agreement:
https://brainly.com/question/14465018
#SPJ4
This question is not complete, Here I am attaching the complete question:
Bob wants to sell his home and doesn’t want to pay a fee, but he realizes he might have more prospects if he uses a broker. Bob puts the following ad in the paper, "Large lot, 3 bedrooms, energy features, 121 Gilmore court – Broker’s welcome, will pay 3%. " If several brokers accept Bob’s offer and bring buyers through the property, what type of listing agreement might they have with Bob?
(A) Open listing
(B) grand jury
(C) rights and health
Which type of account (real, personal, or nominal) includes the following expenses of a business?
Expenses like rent, transportation, and advertising are part of a business’ ______
account, because they are fictitious.
Answer: Nominal account
Explanation:
Expenses like rent, transportation, and advertising are part of a business (Nominal) account, because they are fictitious.
Personal accounts are the accounts that have to do with individuals, or businesses. A real account is an account that isn't closed when the accounting period ends. The bqlnaces in the real account are carried to the following period. An example of this is cash.
Nominal account is an account that has a zero beginning balance at the start of the year. This is because when an accounting year ends, the nominal account will be closed.
What levels of risk does investing in the stock generally carry
medium
medium, high,
low, high
or low?
Low, high levels of risk does investing in the stock generally carry. Over the long term, stocks have the highest potential for growth for investors. Investors who have chosen to hold onto stocks for an extended length of time—say let's 15 years.
Typically been rewarded with robust, profitable returns. Utilize your associated banking account to open a risk and trading account. Access that trading account. Choose the shares you want to purchase or sell. Make sure you have the necessary investing funds in your account to purchase the shares stocks. taking dividends in— Many stocks distribute dividends, which are based on the company's earnings per share.
To learn more about investing, click here.
https://brainly.com/question/15353704
#SPJ1
A department store buyer and a manufacturer of food processors entered into a written contract whereby the manufacturer would sell to the buyer 50 of its top-of-the-line models for $100 each. When the delivery arrived on May 15, several days early, the buyer noticed that the food processors were a different model that did not have all of the features as the top-of-the-line model that was ordered. The buyer contacted the manufacturer and told him that he was rejecting the food processors that were delivered to him and expected the manufacturer to send 50 top-of-the-line models immediately. The manufacturer replied that because of a backlog of orders that had not yet been filled, the top-of-the-line models could not be delivered until August 15. Because the department store had contracted with a restaurant to deliver three top-of-the-line models by May 31, the buyer delivered three of the nonconforming food processors along with a promise to replace them with three top-of-the-line models in mid-August. The buyer returned the remaining food processors to the manufacturer.
How much could the department store recover from the manufacturer for the three food processors that it delivered to the restaurant?
A) Nothing, b/c they were resold to another.
B) Nothing, b/c it accepted them knowing they were defective.
C) The difference b/t the market price of the top-of-the-line models and the existing food processors' actual value.
D) The difference b/t the existing food processors' actual value and the cost of the food processors that the department store must provide to the restaurant in mid-August.
Answer: C. The difference b/t the market price of the top-of-the-line models and the existing food processors' actual value
Explanation:
Based on the information given, the amount that the department store will recover from the manufacturer for the three food processors that it delivered to the restaurant will be the difference between the market price of the top-of-the-line models and the existing food processors' actual value.
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.
Which of the following is an example of a soft skill?
O A. Ability to use CSS spreadsheets
B. Ability to manage spreadsheets
C. Ability to work well with a project team
D. Ability to manipulate images using computer software
The ability to work well with project teamwork of the following is an example of a soft skill. The correct option is C.
Soft skills are character traits that help people interact with others positively and successfully. They are immaterial and typically do not pertain to a particular profession or sector of the economy. Soft skills examples include emotional intelligence, teamwork, problem-solving, flexibility, leadership, and communication.
The traits and aptitudes that enable you to work successfully with others during discussions, projects, meetings, or other collaborations are known as teamwork skills. Your capacity for effective communication, attentive listening, responsibility, and honesty are all necessary for teamwork.
Thus, the ideal selection is option C.
Learn more about Soft skills here:
https://brainly.com/question/2949497
#SPJ1
There are only benefits of branding. No drawbacks exist.
true
false
Answer: false
Explanation:
Answer:
false
Explanation
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.
Type the correct answer in the box. Spell all words correctly.
What need is influenced by an individual’s personality, culture, and environment?
______ are needs that are influenced by an individual’s personality, culture, and environment, while needs are essential to human life.
Answer:
WANTS are those needs(things that u don't need that moment like cars etc) which influence one personality, culture and environment.In the context of brand images and personalities being threatened during a brand crisis, strong prior brand images can act as a _____.
In the context of brand images and personalities being threatened during a brand crisis, strong prior brand images can act as a long answer: buffer or cushion to help the brand withstand the impact of the crisis.
This is because the prior brand images make the brand appear more credible and dependable, allowing it to regain consumer confidence more easily. Even in the face of a brand crisis, the company's prior brand image can help it to recover more quickly and minimize the damage. Strong prior brand images make a difference in how the company is perceived and how much trust and loyalty consumers have in the brand.
The prior brand image is, therefore, a significant factor in the company's resilience during a crisis, and it can make the difference between weathering the storm and sinking.
To know more about brand withstand visit:-
https://brainly.com/question/29059276
#SPJ11
In order to leverage social media ads, where you choose to advertise your product/service should also be based on your target audience and what is __________ amongst that audience.
In order to leverage social media ads, where you choose to advertise your product/service should also be based on your target audience and what is relevant and engaging to them.
By analyzing their demographics, interests, and online behaviors, you can identify the social media platforms or channels that align with their preferences. This ensures that your ads are seen by the right people, in the right context, maximizing their relevance and impact.
Additionally, staying attuned to trending topics, popular hashtags, and viral content within your target audience's online communities allows you to tap into what is currently captivating their attention.
By combining audience insights with relevant content, you can create compelling ad campaigns that drive engagement, increase brand visibility, and ultimately yield positive results.
Learn more about social media ads here:
https://brainly.com/question/30194441
#SPJ1
organizations that use the free agent strategy usually do not invest much in development of employees, since they have an external labor orientation.
The given statement "organizations that use the free agent strategy usually do not invest much in development of employees, since they have an external labor orientation" is TRUE because organizations using the free agent strategy generally do not invest much in employee development.
This is because they have an external labor orientation, which means they prioritize hiring skilled and experienced workers from the outside rather than developing their current employees. By focusing on external recruitment, these organizations aim to save time and resources on employee training and development.
They believe that hiring talent with the necessary skills and expertise is more efficient than investing in internal development. However, this approach may lead to challenges in fostering loyalty and long-term commitment from employees, since they may feel undervalued or lack opportunities for growth within the company.
Learn more about labor orientation at https://brainly.com/question/29816787
#SPJ11
super safe sunscreen products is based in the united states and is looking to distribute in south america. rather than build a maintain a manufacturing facility in brazil, the company decides to ship its products directly from its location in california. what type of entry mode does this represent?
The corporation has described the franchising entrance mode as they choose to ship their goods directly from their location in California.
What is meant by franchising?
A franchise (or franchising) is a method of selling goods or services in which a franchisor develops a brand's trade name and business model and a franchisee pays a royalty and frequently an upfront fee in exchange for the right to use the franchisor's name and framework.
Franchises are commercial agreements where one party allows another to market its products and intellectual property. For instance, many fast food outlets, including McDonald's and Domino's, have franchises and are operated there.
The franchisee reimburses the franchisor for the right to use the business's already well-known success, trademarks, and private information. The franchisor offers the franchisee continual guidance and support.
To learn more on franchising from the link:
https://brainly.com/question/29918004
#SPJ4
Coronado Corporation had the following selected transactions in the month of March. The company adjusts its accounts monthly. 1. The company has a 6\%, $9,000 bank loan payable due in one year. Interest is payable on the first day of each following month and was last paid on March 1. 2. At the end of March, the company earned $240 interest on its investments. The bank deposited this amount in Coronado's cash account on April 1. 3. Coronado has five employees who each earn $190 a day. Salaries are normally paid on Mondays for work completed Monday through Friday of the previous week. Salaries were last paid on Monday, March 29 . March 31 falls on a Wednesday this year. Salaries will be paid next on Monday, April 5. 4. At the end of March, the company owed the utility company $590 and the telephone company $180 for services received during the month. These bills were paid on April 10. (Hint: Use the Utilities Expense account for the utility and telephone services.) 5. At the end of March, Coronado has earned service revenue of $3,030 that it has not yet billed. It bills its clients for this amount on April 4. On April 30, it collects $1,840 of this amount due. (a) For each of the above situations, prepare the adjusting journal entry required at March 31. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round all amounts to the nearest dollar. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)
Coronado Corporation had the following selected transactions in the month of March. The company adjusts its accounts monthly.1. The company has a 6\%, $9,000 bank loan payable due in one year. Interest is payable on the first day of each following month and was last paid on March
1.Adjusting entry at the end of March 31: Interest Expense: = $45 ($9,000 * 6% * 2/12)Interest Payable: = $45 ($9,000 * 6% * 1/12)2. At the end of March, the company earned $240 interest on its investments. The bank deposited this amount in Coronado's cash account on April 1.No adjustment is required at March 31 because it is cash received in April.3. Coronado has five employees who each earn $190 a day. Salaries are normally paid on Mondays for work completed Monday through Friday of the previous week. Salaries were last paid on Monday, March 29 . March 31 falls on a Wednesday this year. Salaries will be paid next on Monday, April 5.Adjusting entry at the end of March 31: Salaries Expense: = $570 ($190 * 3 days)Salaries Payable: = $5704. At the end of March, the company owed the utility company $590 and the telephone company $180 for services received during the month.
These bills were paid on April 10. (Hint: Use the Utilities Expense account for the utility and telephone services.)Adjusting entry at the end of March 31:Utilities Expense: = $590Telephone Expense: = $180Utilities Payable: = $590Telephone Payable: = $1805. At the end of March, Coronado has earned service revenue of $3,030 that it has not yet billed. It bills its clients for this amount on April 4. On April 30, it collects $1,840 of this amount due.Adjusting entry at the end of March 31:Accounts Receivable: = $3,030Service Revenue: = $3,030No adjusting entry is required on April 30 because it is cash received in April.
Thus, it does not affect the March 31 adjusting entry. The journal entries required for the above transactions are as follows: Particulars Debit Credit Interest Expense$45Interest Payable$45Salaries Expense$570Salaries Payable$570Utilities Expense$590Utilities Payable$590Telephone Expense$180Telephone Payable$180Service Revenue$3,030Accounts Receivable$3,030
To know more about Coronado Corporation
Visit https://brainly.com/question/33183020
#SPJ11
Identify at least one benefit and one disadvantage of both "simple" and "compounding"
interest. What are some of the reasons why someone might choose simple interest over
compounding interest? Why would one choose compounding interest over simple
interest? Given the information you have from the article, and other sources, which
would "you" choose, and why.
An advantage of simple interest is that it is simpler to understand and cheaper. Regarding the disadvantages, they are associated with the difficulty of being found and in case of delay there are higher associated fees.
Compounding interest, on the other hand, has the benefits of investment advantages, as funds grow more than simple interest over a period of time. The disadvantages are related to cost, which depending on economic factors can increase or decrease.
How to make good investments?Is necessary for the investor to be aware of the risks inherent in any investment, so the ideal is that the investment portfolio is varied, to mitigate the risks. Some other important tips are carrying out financial planning, knowing your investor profile and the discipline necessary to manage your investiments in an advantageous and profitable way.
Therefore, if a choice had to be made to invest, perhaps compound interest would be a better option, as it has a higher yield over time.
Find out more about compound interest here:
https://brainly.com/question/3989769
#SPJ1
Which business letter feature is found at the top of the page?
answer:
Letter head
Explanation:
typically has the companies logo at the top of the page
One major reason businesses seek investment is to:
A. increase the opportunity cost of making new products.
B. boost their productivity by improving their inputs.
C. give them the ability to ignore production possibilities curves.
D. reduce their need for consistent financial growth.
One major reason businesses seek investment is to boost their productivity by improving their inputs. Option B is correct.
What is Investment?A purchase made with the intention of creating income or capital growth is known as an investment. An asset's value increasing over time is referred to as appreciation. When a person invests in a good, they do not intend to utilize it as a source of immediate consumption, but rather as a tool for future wealth creation.
An investment always involves the expenditure of some resource today time, effort, money, or an asset—in the anticipation of a future return greater than the initial investment.
For instance, an investor might buy a financial asset right away with the hope that it would provide income later on or that it can be sold for a profit at a higher price.
Thus businesses seek investment is to boost their productivity by improving their inputs in order to maximize wealth of owners of the business.
Learn more about Investment refer:
https://brainly.com/question/15105766
#SPJ2
In the probabilistic model, increasing the service level will cannot be determined.
increase the cost of the inventory policy.
reduce the cost of the inventory policy.
have no impact on the cost of the inventory policy.
In the probabilistic model, increasing the service level will increase the cost of the inventory policy.
This is because the service level refers to the percentage of demand that the inventory policy is designed to satisfy. Increasing the service level means that the policy is expected to meet a larger percentage of demand, which in turn requires higher levels of safety stock to be held in inventory.
This increased level of safety stock increases the cost of the inventory policy due to higher holding costs, ordering costs, and potential write-offs of excess inventory. Therefore, there is a trade-off between service level and cost in inventory management, and a higher service level comes at a higher cost.
Learn more about cost: https://brainly.com/question/15135554
#SPJ4
a firm acquired an assset on 1st Apri, 1990 at a cost of Le 30,000. The useful life of the asset is expected to be 10 years. The estimated scrap value of the asset at the end of the year is Le 2,000. Show the provision for depreciation account for the first 3 years in the life of the asset using the Straight line method
Answer:
First year : Le 2100
Second year : Le 2800
Third year : Le 2800
Explanation:
Given the following :
Cost of equipment = 30,000
Useful years = 10
Salvage or scrap value = 2,000
depreciation account for the first 3 years in the life of the asset using the Straight line method :
Straight line Depreciation :
(Cost - salvage value) / useful years
First year: (April - December 1990)
April - December 1990 = 9 months
(30,000 - 2000) / 10 × 9/12
28000 / 10 × 0.75 = Le 2100
Second year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
Third year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
Elijah and Aneesha are farmers. Each one owns an 18-acre plot of land. The following table shows the amount of watermelon and zucchini each farmer
can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing watermelon or zucchini or to produce watermelon
on some of the land and zucchini on the rest.
Aneesha can also produce a total of 72,000 lbs of watermelon and 14,400 lbs of zucchini.
What is the total produce?Generally, Watermelon (lbs/acre) | Zucchini (lbs/acre)
------------------------|--------------------
4,500 | 800
If Elijah and Aneesha both choose to grow both watermelon and zucchini, Elijah can produce a total of 72,000 lbs of watermelon (4,500 x 18 acres) and 14,400 lbs of zucchini (800 x 18 acres).
Read more about total produce
https://brainly.com/question/12142770
#SPJ1
How has information technology impacted the economy?.
The information technology creates the major growth, better economic policy in the economy
The term Information technology simply said that IT is the creation, process, storage, security, and sharing of all types of electronic data using computers, collection, connectivity, and various physical devices, infrastructure, and procedures.
Here we need to find the impact created by information technology on economy.
Here we have listed down the impacts as follows:
This one has allowed economists to better predict how resources should be allocated.
And this will also assisted governments to make better economic policy decisions.
Finally it helps in the expanded growth and outlook in information technology careers.
To know more about Information technology here.
https://brainly.com/question/14426682
#SPJ4