the accounting equation for a given point in time can be calculated using which financial statement?
Answers
The answer is A balance sheet,
Explanation:The statement of financial position, generally known as the balance sheet, is a representation of the accounting equation. A company's assets, liabilities, and owner equity at a certain period are listed on the balance sheet.
What is a financial statement?
a specific type of financial statement, lists the assets and liabilities of a firm. It is one of the three main financial statements that are used to evaluate a company's performance, along with the income statement and cash flow statement.
Write about a resource. Exactly what is a duty?
In its simplest form, your balance sheet can be divided into two categories: assets and obligations. A company's assets are all belongings having the potential to result in future financial gain. Your total debts to other people are your liabilities. In other words, assets increase your wealth while debt reduces it.
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Related Questions
The first law of demand
states
Answers
Answer:
The law of demand states that the quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded.
Explanation:
I honestly have no explanation, my high school friend told me and he learned this a LONG time ago.On the first day, to be exact.
is the amount of time that separates the short run from the long run the same for every firm?
Answers
Answer:
Explanation:
The concept of the short run and the long run is a fundamental one in economics and refers to the time frame over which a firm can vary certain aspects of its operations. In the short run, a firm is able to adjust some but not all of its inputs, while in the long run, the firm is able to adjust all of its inputs.
The distinction between the short run and the long run is an important one because it affects a firm's ability to respond to changes in the market. In the short run, a firm may be limited in its ability to adjust to changes in demand or changes in the prices of inputs, while in the long run, it has more flexibility to adapt.
The length of time that separates the short run from the long run can vary from one firm to another, depending on the specific characteristics of the firm and its industry. Some firms may have a longer short run than others due to factors such as the size of their fixed assets or the length of contracts they have with suppliers or customers.
In general, the short run is usually considered to be a time frame of up to a year or two, while the long run is a longer time frame of several years or more. However, these time frames are not fixed and can vary depending on the context.
QUESTION 4 of 10: When a hotel "comps" a room, the hotel:
a) Sets the room rate equal to competitors' rates
b) Provides the room for free
c) Provides a complete rate with room and meals packaged together
Answers
Answer:
B) The hotel Provides the room for free.
The economic growth demonstrated by this recruitment letter was primarily a result of —.
Answers
The economic growth in the recruitment letter was demonstrated as a result of industrial production.
What is economic growth?A stable uplift in the economic conditions, in comparison to the previous economic period(s), is regarded as an economic growth. It is driven by many external factors.
In the recruitment letter, it was found that the increase in the industrial productivity led to extreme economic growth in the United States of America.
Hence, the reasons for the economic growth have been aforementioned.
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True or False: according to our lecture, doing research into industry trends is one way for a professional sales representative to position his/herself as an "equal" in a sales meeting
Answers
Can someone please help me with this!!!!
Answers
Answer:
Eh easy aall you have to do is pay 4,305 dolllars
Explanation:
For each of the following changes in the market for apples, explain why demand will increase, decrease, or remain unchanged.
The price of peanut butter (a complement) increases.
Consumer incomes increase (and apples are a normal good).
It is confirmed scientifically that an apple a day DOES keep the doctor away.
The price of apples decreases.
A disease affecting apple trees causes people to expect that there will be no apples next year.
Answers
The following changes would lead to an increase in demand:
Consumer incomes increaseIt is confirmed scientifically that an apple a day DOES keep the doctor away.A disease affecting apple trees causes people to expect that there will be no apples next year.The following changes would lead to an decrease in demand:
An increase in the price of peanut butter.
The following change will not affect the demand for apple:
The price of apples decreases.
What is a change in demand?There is a change in demand when other factors other than the price of a good affects the demand for a good. If it is expected that the quantity supplied of apples would decline next year due to a disease, people would want to stock up on apples today. This would lead to an increase in demand for apples.
A normal good is a good that has a positive relationship with the income of the consumer. If the consumer's income increases, the demand for apples increases.
A complement good is a good that is consumed together with another good. If the price of peanut butter increases, the quantity demanded of peanut butter increases while the demand for apples decreases.
If it is proven that consuming apples have health benefits, people would increase their consumption of apples. This would lead to an increase in the demand for apples.
A change in the price of apples, would lead to a change in the quantity demanded for apples.
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Janessa wants to pay off her credit card balances within 12 months. She is trying to decide if she should use her $1,000 in savings to pay off part of the balances or if she should transfer the balances to a new card with a low introductory rate. The new credit card has an introductory rate of 6. 5% but charges a balance transfer fee of $50 for each balance transfer. Janessa decides to pay of Credit Card B and $420 of Credit Card A, then transfer the remaining balance of Credit Card A to the new card. Which of the following options shows the amount of Janessa's new monthly payment? Credit Card A: $957 Credit Card B: $580 a. $54. 97 b. $50. 66 c. $18. 12 d. $46. 34.
Answers
Explanation:
The answer is B$50.66 that's what I got
Many definitions of od propose a consistent theme that an outcome of od activities is:_______
Answers
Many definitions of OD, or organizational development, propose that an outcome of OD activities is organizational effectiveness. Therefore, the option C holds true.
What is the significance of organizational effectiveness?Organizational effectiveness can be referred to or considered as the stage in which the main aim of an organization while being involved in its development process is to attain the highest order of effective management in functioning and operations.
Therefore, the option C holds true and states regarding the significance of organizational effectiveness.
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The missing options to the incomplete question are added below for better reference.
Many definitions of OD propose a consistent theme that an outcome of OD activities is:_______
A. organizational efficiency
B. organizational development
C. organizational effectiveness
D. None of these
what is the element of demography
Answers
Answer:
Demographics can include any statistical factors that influence population growth or decline, but several parameters are particularly important: population size, density, age structure, fecundity (birth rates), mortality (death rates), and sex ratio (Dodge 2006). We introduce each of these in turn.
Explanation:
Brainliest PLZ
in October 2001 president George w bush gave directions to establish the office of homeland security and the homeland security council. what is this an example of? A. treaty B. executive order C. agency regulation D.Statute
Answers
Answer:
agency regulations i think
Auto insurance claims Auto insurance claims come from policies that are classified into three groups, corresponding to different deductible amounts and the expected size of an eventual claim. The classifications are: Low (L), Medium (M) and High (H). Historically, 80% of all claims are classified L,15% are classified M and the remaining are classified H. In addition to the large expected differences in observed in claim sizes between each of these three groups, differences are also expected to be observed in claim amounts within each classification group. To reflect this, claims within each group are described as arising from a shifted Pareto probability distribution, with the random claim amounts having probability density function (pdf) given by f
Y
(y∣θ
j
)=
y
3
2θ
j
2
,y>θ
j
, for y in group j, and j=L,M and H and where where Y=y represents the size of an individual claim, in $1000 dollars. Note that if y≤θ
j
, then f
Y
(y∣θ
j
) is defined to equal zero.
1
The parameter for each of the classes L,M and H, are given by θ
L
=1, θ
M
=3 and θ
H
=7 Note that although there is a different lower bound on the size of a claim for each classification, there is no upper bound. If you know that a claim is more than $1000 and less than $3000, the probability that the claim is from the low group is one. Select one: True False Which of the following statements are correct regarding the denominator in Bayes' Theorem in this example? Note: there could be multiple answers, which receive partial marks. So select all choices that are correct. Can be defined as f(y) Will be different for different values of y Is known as the normalising constant Must sum to one Is not a function of θ What is the value of the normalising constant (to 4 decimal places) if we receive a claim of $7500 Answer: What is the value of the normalising constant (to 4 decimal places) if we receive a claim of $4500 Answer: What is the value of the normalising constant (to 4 decimal places) if we receive a claim of $2000 Answer:
Answers
Is not a function of θ.Will be different for different values of y.Can be defined as f(y).If we receive a claim of $7500, the value of the normalizing constant would be 0.0425. If we receive a claim of $4500, the value of the normalizing constant would be 0.2309. If we receive a claim of $2000, the value of the normalizing constant would be 0.6492.
Auto insurance claims come from policies that are classified into three groups, corresponding to different deductible amounts and the expected size of an eventual claim. The classifications are Low (L), Medium (M), and High (H). Historically, 80% of all claims are classified L, 15% are classified M and the remaining are classified H.In addition to the large expected differences observed in claim sizes between each of these three groups, differences are also expected to be observed in claim amounts within each classification group. To reflect this, claims within each group are described as arising from a shifted Pareto probability distribution, with the random claim amounts having a probability density function (pdf) given by `f(Y|θj)`.The parameter for each of the classes L, M, and H, are given by θL = 1, θM = 3, and θH = 7. Note that if y ≤ θj, then `f(Y|θj)` is defined to equal zero.The probability that the claim is from the low group is one, if you know that a claim is more than $1000 and less than $3000. This statement is false. The probability is not 1, it is just more likely that the claim is from the low group. The denominator in Bayes' Theorem in this example:Must sum to one.Is known as the normalizing constant.Is not a function of θ.Will be different for different values of y.Can be defined as f(y).If we receive a claim of $7500, the value of the normalizing constant would be 0.0425. If we receive a claim of $4500, the value of the normalizing constant would be 0.2309. If we receive a claim of $2000, the value of the normalizing constant would be 0.6492.
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A sales tax is sent to the government by
Answers
Answer:A sales tax is a consumption tax imposed by the government on the sale of goods and services. A conventional sales tax is levied at the point of sale, collected by the retailer, and passed on to the government. A business is liable for sales taxes in a given jurisdiction if it has a nexus there, which can be a brick-and-mortar location, an employee, an affiliate, or some other presence, depending on the laws in that
Explanation:
A. Identify a profession b. In not more than 60 words, describe the "art" and "science" of such profession in (a).
Answers
Answer:
Comedy as a Profession is a great example.
Explanation:
The science of it is related to the psychology of what makes people laugh.
If studied, one would realize that there are certain things that are bound to make people laugh (all things being equal). An example is when a person makes fun of themself to an audience.
To explain this, scientists have stated that it is inherent in humans to laugh at the misfortune of others. However, this is just a theory and does not explain why we laugh at other kinds of comedy.
A plausible explanation (which is more recent in the parlance of psychology) is that people also laugh when certain expectations are defied in a very witty manner.
As a professional stand-up comedian, knowing all the rules and tricks is just one part of the coin. Being able to, either by practice or repeated efforts during practice, internalize these principles, practice them and effectively use them is the artistic part of the picture.
There those who are gifted naturally with a principle thought process that elicits laughter from others, would be termed hilarious. However, to make a living out of comedy, one would need to fully understand the principles and practice to deliver them as naturally as possible.
Another paradigm to the art of comedy is that, it has to be very witty. Wit many times may come with an element of suprise... a new angle that was previously "unthought" of.
Cheers!
Karat packaging has entered a stage in which the demand for their innovative fax machines has declined. now most customers are buying replacement parts or buying their second fax machine from the firm. what stage in the industry life cycle does this scenario describe
Answers
Karat fax machines have reached maturity. Because sales have dropped and people are only ordering replacement parts or a second fax machine, this is the reason. The product is either rejected or only repaired at the maturity phase. There aren't many new sales.
What is maturity stage in product life cycle?Maturity level in the product life cycle is the stage where the sales of product of the company starts declined because of the new trends and innovation in the market.
At this stage of maturity, The company must go for the heavy discounts and low in the price levels to stay competitive in the marketplace and at least take out their invested amount from sales.
Thus, Karat fax machines have reached maturity.
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If plant assets of a manufacturing company are sold at a gain of $1,000,000 less related taxes of $350,000, and the gain is not considered unusual or infrequent, the income statement for the period would disclose these effects as
A. operating income net of applicable taxes, $750,000.
B. an extraordinary item net of applicable taxes, $750,000.
C. a prior period adjustment net of applicable taxes, $1,000,000.
D. a gain of $1,000,000 and an increase in income tax expense of $350,000.
Answers
Answer:
D. a gain of $1,000,000 and an increase in income tax expense of $350,000.
Explanation:
Given that
The gain is $1,000,000
And, the taxes is $350,000
So here the income statement that disclose the impact is that
There is a gain of $1,000,000 and also at the same time the income tax expense is rise by $350,000
Therefore the option d is correct
hence, the same would be considered
Sheila felt prepared to work after her one-day job orientation for new employees. When she got to work, however, she was shocked. She was not prepared for the fast pace, sophistication and skill level found in her new department. By noon that day, Sheila felt like she was not cut out for the job. She felt under-skilled and underprepared to meet her department's
challenges.
On her way to the company cafeteria, one of her co-workers, Tammy, caught up with her and they had lunch together. Sheila was glad that Tammy was so friendly to her and she was able to relax a little bit. During lunch Tammy talked about their manager, Mr. Smith. Sheila learned that Mr. Smith was in trouble with his superiors. Next, Tammy told her about James, the computer programmer.
She told Sheila that James spread rumors and was not to be trusted. She talked about Mrs. Tyler, the accountant. She said that Mrs. Tyler was an alcoholic and frequently took sips from a whisky bottle in her desk.
Tammy asked Sheila to join her for coffee after work. She said, "Trust me, Sheila. Once you come to understand how screwed up everyone is around here and get the feel of the place, you'll do fine."
Question: Why would Tammy be so friendly towards Sheila? What might happen if
Sheila gets close to Tammy? Have you ever been in a similar situation?
Answers
Tammy was probably friendly with Sheila because she was outgoing and made her feel comfortable at work. But Sheila should be careful about getting involved in rumors that can turn into negative conflicts.
What are organizational conflicts?These are situations where there are differences in the work environment, which may be personal or professional, such as rumors and disagreements about tasks.
Organizational conflicts arising from rumors, such as the gossip of other employees told by Thammy to Sheila, can be extremely negative, and consequently generate enmity, disintegration of teams and even dismissals.
Therefore, it is essential that there is conflict management in the organization through effective communication, interpersonal relationships based on ethics and respect for all employees.
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Suppose that a demand curve exhibits two points. Initially, at price P 0 , the quantity demanded is Q 0 . When price changes to P 1 , quantity demanded is Q 1 . Move the components of the midpoint formula for elasticity of demand to their correct positions.
Answers
Answer and Explanation:
The formula to compute the price elasticity of demand is as follows:
= Percentage change in quantity demanded ÷ percentage change in price
At Price P0, the Quantity demanded is Q0
And,
At Price P1, the Quantity Demanded is Q1
Just like this, it could be computed
\(\frac{Q_1 - Q_0}{(Q_1 + Q_0)/2}\) divided by \(\frac{P_1 - P_0}{(P_1 + P_0)/2}\)
The federal budget is balanced and the economy is on the upward-sloping portion of the Laffer curve. Then, tax rates are cut and government purchases are increased. Is a budget deficit inevitable?
Answers
Answer:
Yes, the budget deficit is inevitable.
Explanation:
When the economy is on the upward-sloping portion of the Laffer Curve, any increase in tax rates will produce more revenue, and any decrease in tax rates will produce less revenue. This is because tax rates are not yet at the optimal point of the Laffer curve.
In this case, the federal budget was balanced, but the goverment cut tax rates while being on the upward-sloping portion of the Laffer curve, which means that tax revenue decreased. However, at the same time the government increased government purchases, and the combination of less tax revenue and more government spending will naturally result in a budget deficit.
100 points if you have the correct answer ^^
Assignment Introduction
Assume that you are involved in a job search. You are ready to construct an outstanding résumé to put before employers. You have carefully reviewed and documented your list of abilities, hard and soft skills, education, credentials, and past work experience (including volunteering). You have also considered your personality traits and job preferences. However, you have not narrowed your search to just one type of consumer services job, and you have seen several that interest you.
Assignment Directions
Using any or multiple sources (newspaper, trade or association publication, online job board, networking site, etc.), select two job listings. They must have very different job descriptions in different fields. For example, bookkeeping in a hospital and a customer service position in a retail setting. Using your own actual information, construct a general purpose résumé suitable for handing out in person. You may choose any format that is appropriate to your situation. Using the same information, build two more résumés, one each targeting the two different job descriptions and formatted to submit digitally/online.
Assignment Guidelines
Your submission must do the following:
Total three sheets; one typed page each for your basic and two targeted résumés
Include copies of your two chosen job descriptions as an attachment.
Each résumé must contain the following:
Your contact information
Educational background
Employment history, most recent to oldest (minimum 3 entries; if you do not have 3, you may make one up, as long as it is plausible and appropriate).
Accomplishments (two or three entries)
Special skills, including foreign languages spoken, as applicable
Submission Requirements
Proofread for spelling, grammar, and punctuation
Use complete sentence structure and standard written English; do not use texting abbreviations or other shortcuts
Source all references in a proper format
Answers
Your submission should include three sheets; one typed page each for your basic and two targeted résumés. The basic résumé should contain your contact information, educational background, employment history, accomplishments, and special skills.
What is education?Education is the process of acquiring knowledge, skills, values, beliefs, and habits. It is an important part of our life and it helps us to develop as individuals and to become better citizens. Education is an essential part of our society and it provides us with the necessary tools to grow and succeed.
The two targeted résumés should be tailored to the two job descriptions you have chosen, and should include the same information as the basic résumé. You should also include copies of your two chosen job descriptions as an attachment.
When writing your résumés, you should proofread for spelling, grammar, and punctuation, use complete sentence structure and standard written English, and source all references in a proper format.
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1. if a bank mistakenly deposits 100,000
into you bank account, is it now your
money? explain in three sentences
Answers
Answer:
No
Explanation
These are just numbers with no backing. There is no trail that shows where the money came from or witnesses or paper trail to back up you have that money. The numbers may let you withdrawal that money but the money is still the banks.
Which savings option divides your investment among multiple companies
Answers
Answer:
Mutual funds
Explanation:
I just did it in school a p e x and I searched.
A container when 3/8 full,holds 15 litres of oil.How many litres of oil would be needed to fill 5 similar containers?
Answers
Answer:
200 litres of oil
Explanation:
When the container is 3/8 full, its holds 15 litres of oil.
i.e. 3/8 = 15 litres
the container need 8/8 or 1 to be full.
If 3/8 = 15 litres. or 0.375 = 15 litres
full container will be 15/0.375 x 1
=40 litres
To fill 5 such containers will requires
=40 litres x 5
=200 litres of oil
Answer:
I want brainliest lol
Explanation:
If in some year nominal GDP was $10 trillion and real GDP was $4 trillion, what was the GDP deflator ?
a. 25
b. 40
c. 250
d. 400
Answers
Nominal GDP refers to the total monetary value of all goods and services produced within an economy during a given period, using current market prices. The GDP deflator will be 250, option (C) is correct.
The GDP deflator is a measure of the price level in an economy, calculated as the ratio of nominal GDP to real GDP multiplied by 100.
In this case, the nominal GDP is given as $10 trillion, and the real GDP is given as $4 trillion. Therefore, the GDP deflator can be calculated with the equation,
(nominal GDP / real GDP) x 100
= ($10 trillion / $4 trillion) x 100
= 250, the answer is (c) 250.
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LUCA makes $58,000 per year, is single, and lives in Seattle, WA. He has $27,000 in Direct Unsubsidized federal loans, but he’s got another $62,000 in private student loans and lives in an expensive neighborhood, so his rent is high. He’s hoping to keep his Federal student loan payments to less than $200 per month for the first few years so that his budget will work out.
What is a potential downside of Luca's taking this loan repayment plan that works in his budge right now?
Answers
Answer:
A downside is that his budget may change or things like rent will increase
Explanation:
Hope this helps! Please let me know if you need more help or think my answer is incorrect. Brainliest would be MUCH appreciated. Have a wonderful day!
which of the following would shift the labor supply curve? demand increases for the output produced by workers. the government increases its provision of childcare services. technological advancement increases worker productivity. there is more effective management at companies.
Answers
The shift in the labor supply curve comes when D. The government increases its provision of childcare services.
What is a labor supply curve?The labor supply curve illustrates the number of hours that workers would be willing to put in at various pay rates. In general, employees will be willing to work greater hours the better their pay is. The labor supply curve moves to the right as the labor supply grows. It will move to the left if it declines.
There are various factors that cause the labor supply curve to shift left or right:
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Feldt is a partner in feldt & Dodson company. Feldt’s share of the partnership income is $18600 and her average partnership equity is $155000. Her partner return on equity equals (true or false)
Answers
False- To calculate Feldt's partner return on equity, you would divide her share of the partnership income ($18,600) by her average partnership equity ($155,000). This would give you her return on equity as a percentage.
Feldt is a partner in Feldt & Dodson company. Feldt’s share of the partnership income is $18600 and her average partnership equity is $155000. Her partner return on equity equals- False.
What is Partnership Equity?
Partnership equity is the value of the equity stake held by a partner in a partnership. Partnership equity represents a partner's ownership interest in the partnership, which includes the partner's initial capital contribution as well as any profits earned by the partnership.
What is a Partner Return?
Return on equity is a financial performance metric that is used to measure a company's profitability in relation to the amount of equity that has been invested in it. Return on equity is calculated by dividing a company's net income by its shareholder's equity.
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Which of the following refers to the balance an account is always supposed to have?
Normal balance
Debits
Credits
Double-entry system
Answers
Answer:
Normal balance
Explanation:
Accounts are expected to have either debit or credit balance, depending on their classification. The accounting equation of Assets is equal to equity plus liabilities is the basis for account classification. Assets accounts are on one side, while accounts relating to equity and liabilities are on the other.
Accounts have normal balances if the balances at the end of a period are as expected. Assets accounts are expected to have debit balances, while equity and liabilities accounts should have credit balances.
Although channels of distribution allow consumers and industrial users access to products from all over the world, they do not guarantee that consumers will be able to purchase anything they want. Tiny time they want. Certain products may only be available in limited supplies. Because of supply and demand, channel members may be able to charge higher prices for coveted products. This may be fine for a designer handbag, but what if the product is more basic, like fresh water or medical supplies? Or, let's say there is a hurricane or tornado in a certain part of the country, and many people need to repair their homes and roofs. Is it OK for channel members to mark up hardware products during this time to make a bigger profit?
Answers
Answer:
We can more easily obtain products from all over the world. Channels of distribution allow consumers, industrial users, producers, and other channel intermediaries to save time and money. They also allow us to more easily obtain products from all over the world, since we do not have to travel and search for each individual item we wish to purchase.
According to o*net, what is another name used for financial analysts? provisional officer credit products officer wealth advisor certified financial planner (cfp)
Answers
D) According to ONET, another name is used for financial analysts' certified financial planners (CFP).
A Certified Financial Planner (CFP) is a professional designation granted by the Certified Financial Planner Board of Standards to those who have completed a series of educational requirements, passed an exam, and met other ethical and experience requirements.
CFPs are trained to provide advice on a variety of financial topics, including investments, retirement planning, estate planning, insurance, and tax planning. Financial Analysts and Certified Financial Planners are often considered interchangeable, as both provide similar services.
Therefore, the correct answer is D) Certified Financial Planner (CFP).
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Answer:
credit products officer
Explanation:
edge