When a company collects cash from an account receivable, cash ______. multiple choice question.
Answers
When a company collects cash from an account receivable, cash increases and total assets are not affected.
What happens when cash is collected from an accounts receivable?An accounts receivable is considered to be an asset to a company because it represents that people owe the company a certain amount of money. The company therefore has an ownership claim against the assets of the accounts receivable.
Cash is another asset of a company and it will increase when cash is collected from an accounts receivable. You therefore have a situation where accounts receivable decreased and cash increased. This means that assets increased and decreased by the same amount so the total amount of assets is not affected.
Options for this question include:
the asset accounts receivable increases stockholders' equity Increases total assets are not affected. liabilities decrease.Find out more on accounts receivable at https://brainly.com/question/24848903
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Related Questions
What are 3 possible benefits gained by a country that trades?.
Answers
The 3 possible benefits gained by a country that trades are :
More Job Opportunities. Expanding Target MarketsBetter relation between countriesWhat are the advantages of international trade?International trade allows countries to expand their markets and gain access to goods and services that were previously unavailable domestically. International trade has made the market more competitive. This ultimately leads to more competitive pricing and consumers get cheaper products.
What are the five meanings of trade?Simply put, more trade means more jobs, more income, better products, less inflation, and cooperation rather than conflict. The tide for economic development and peace among nations will intensify.
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1. What act prohibits wholesalers and retailers from pricing products below cost? (1 point)
O the Robinson-Patman Act
O the Unfair Sales Act
O Antitrust Act
O the Consumer Goods Pricing Act of 1976
00 DLL
Answers
Hope this helps!
The Financial Accounting Standards Board (FASB) is currently:
pushing for major changes in GAAP
creating international accounting regulations
calling for the repeal of Sarbanes-Oxley
encouraging accountants to serve as their clients' advisors
lobbying to change the format of the balance sheet so it can reflect a more ethical environment
Answers
The correct option is "pushing for major changes in GAAP." The Financial Accounting Standards Board (FASB) is a nonprofit organization that develops and updates accounting and financial reporting standards in the United States. The primary goal of FASB is to provide relevant and trustworthy financial information to help investors make informed decisions.
The Generally Accepted Accounting Principles (GAAP) are the accounting standards that businesses use to record and report their financial information. The GAAP guidelines are used to ensure that financial reporting is consistent across all companies and that investors have access to accurate and reliable information. However, the accounting principles and standards of accounting are continuously evolving due to various factors such as technological advancement, globalization, and ever-changing business models. As a result, the Financial Accounting Standards Board (FASB) is pushing for major changes in GAAP to ensure that they remain relevant and up-to-date in the current business environment. FASB is a nonprofit organization that develops and updates accounting and financial reporting standards in the United States. Its primary goal is to provide relevant and trustworthy financial information to help investors make informed decisions.
In conclusion, the Financial Accounting Standards Board (FASB) is pushing for major changes in GAAP to ensure that they remain relevant and up-to-date in the current business environment. As a nonprofit organization, the primary goal of FASB is to provide relevant and trustworthy financial information to help investors make informed decisions. GAAP guidelines are used to ensure that financial reporting is consistent across all companies and that investors have access to accurate and reliable information.
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suppose a company has the chance to make a risky investment. If the new product is successful, the price of the stock will jump from $50 to $100 but the value of bond remains $1000 per bond. The company will be worthles and go bankrupt if the investment is unsuccessful. The probability of succees is 60% and the probability of failure is 40%. what is the expected percentage gain on bond and stock?
Answers
Expected percentage gain on bond and stockIn this scenario, suppose that a company has the opportunity to make a risky investment.
The following are the details of this investment opportunity:
If the investment is successful, the company's stock price will rise from $50 to $100,
while the bond's worth will remain at $1000 per bond.
On the other hand, the company would be worthless and go bankrupt if the investment fails.
The likelihood of success is 60%, while the probability of failure is 40%.
We need to determine the expected percentage gain on bond and stock:
For stock:
Expected percentage gain on stock = probability of success * percent gain + probability of failure * percent loss
Expected percentage gain on stock = 0.60 * (100% - 50%) + 0.40 * (- 100%)
Expected percentage gain on stock = 10%For bond:
Expected percentage gain on bond = probability of success * percent gain + probability of failure * percent loss
Expected percentage gain on bond = 0.60 * (0%) + 0.40 * (0%)
Expected percentage gain on bond = 0%
the expected percentage gain on stock is 10%,
while the expected percentage gain on bond is 0%.
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When aksed if a company should drop a product, a segment or line of business, what is a key question that should first be asked?.
Answers
The key question that should first be asked will be: Will any of the fixed costs go away? If not, ignore them in the decision process.
The fixed cost of a business needs to be decreased if a company is not generating the desired output. Whatever strategy you formulate for increasing the output or decreasing the input should focus on lowering the fixed cost.
You should take the necessary step of either finishing just a product, a line of business depending on the strategy which will make the fixed cost go away. Normally, a fixed cost remains unchanged unless a product or a line of business is dropped.
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which of the following would cause the aggregate demand in franklandia to increase? a the stock market in franklandia is losing value. b the central bank of franklandia is increasing the money supply. c exports to foxystan are falling. d personal income tax rates are rising in franklandia. e the aggregate price level in franklandia is falling.
Answers
The French central bank is expanding the available currency. (Choice c)
How would you define the money supply?The total quantity of cash, coins, including balances in checking accounts existence is known as the money supply. The supply of money is typically understood as a collection of secure assets that individuals, businesses, and governments may utilize to make a payment or hold as brief investments. The entire amount of money that the public holds at a specific time is referred to as the money supply in macroeconomics. There are many ways to define "money," but common measurements often include circulation-level money and demand deposits.
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8) Which of the following accounts will be closed by debiting the Income summary account:
A) Depreciation expense
B) Accounts payable
C) Accumulated depreciation
D) Service revenue
Answers
The depreciation expense account will be closed by debiting the Income summary account. Therefore, the correct option is A.
What is an Income summary account?
An income summary account refers to an account that receives all the temporary accounts of a business upon closing them at the end of every accounting period.
This summarizes that the value of each account in the income statement is debited from the provisional accounts and then credited as one value to the income summary account.
Therefore, The depreciation expense account will be closed by debiting the Income summary account. the correct option is A.
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If the price index moves from 107 to 110, the rate of inflation is: Group of answer choices 3% 30% 28% 2. 8%
Answers
If the price index moves from 107 to 110, the rate of inflation is 2.8 %.The percentage change in inflation is then calculated by multiplying this by 100.Option D is correct.
Evaluating:Rate of inflation = 110 - 107 ÷107
= 0.0280 × 100 %
= 2.8 %
How is the rate of inflation determined by price index?The price index from the interest year is subtracted from the base year, and then the result is divided by the base year to determine inflation. The percentage change in inflation is then calculated by multiplying this by 100.
If inflation is too high, what happens?The consumer price index (CPI) is used to measure inflation, which maintains economic health at low rates. But when inflation rises quickly, it can have negative effects on the economy in the form of lower purchasing power, higher interest rates, slower economic growth, and other things.
Question incomplete:If the price index moves from 107 to 110, the rate of inflation is:
a. 3%
b. 30%
c. 28%
d. 2.8%
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Eye-Kya is a new furniture company. It hires one worker to produce chairs. Let Q be the number of chairs produced. The worker chooses how many hours H to work. During each hour worked, the employee is able to produce 6 chairs. For the worker, his personal cost of working is simply H2 Cost of Working = 3 The worker receives from Eye-Kya a payment b for each chair produced. The worker's utility equals his income minus his cost of working. The worker chooses the number of hours that maximizes his utility. Eye-Kya faces a downward sloping demand curve. If Eye-Kya sells Q chairs, then it can charge a price P = 436 - 20(inverse demand). Eye-Kya's profit from the production of chairs equals its revenues minus the labor costs. The payment, b, that maximizes the firm's profits is b = Under this contract Q - chairs will be produced and the firm's profits will be 1 2 3 4 50 54 100 108 23,540 23,541 23,542 23,543 23,544
Answers
The payment to the worker for producing one unit of chair that maximise profit is $40.5.
How to illustrate tye information?The numbers of chair produced in one hour = 6,
Number of Hour workers work=H,
The cost of working=H2/3
Utility = Income - cost of working
So according to the given information- U=6H - H2/3
We have to maximise the utility. So according to the first order condition the first order derivative must be equal to 0.
So the optimal level of hours which preferred by the worker=9 hours.
So total chair produced by the firm - Q
= 6H
=6(9)=54
Price of chair 'P'= 436-2Q=>436–2(54)
=436-108
= 328
So price of chair would be =328 per unit.
So total revenue obtained= 328×54=17712
Total cost= 54(H2/3)
=54(81/2)
=2187
Total profit:
= Total revenue- total cost
= 15525
The payment to the worker for producing one unit of chair=b, that maximise profit:
= 2187/54=40.5,
b=40.5
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Why are the pests and diseases biggest obstacle in vegetable production
Answers
Answer:
Vegetable production worldwide is constrained by pests and diseases which effects are exacerbated by climate change and variability. High atmospheric temperatures and elevated carbon dioxide increases pest development, survival of pests and distribution of pest to new areas
It is important to emphasize benefits in a sales presentation to a prospective buyer because benefits:_______.
a) focus on the psychological reasons of a purchase.
b) fulfill the buyer's needs and motives.
c) fulfill the buyer's economic wants.
d) focus on rational reasons of a purchase.
e) focus on emotional reasons for a purchase.
Answers
Answer:
b) fulfill the buyer's needs and motives.
Explanation:
When the company gives the presentation based on the sales so it should be benefit for the buyer as the company fulfill buyer needs and motives and gains the maximum satisfaction while delivering the goods and services to the consumer
Therefore in the given case, the option B is correct as the company meets the customer needs, wants and motives
Hence, all the other options are wrong
why was the expansion of railroads significant to the growth of the cattle industry?
Answers
More cow towns were built in the West as railroads made it easier to transport a large number of cattle. Cattle from the east could be transported west via railroads and fed the region's expanding population.
What exactly is the cattle industry ?The production, management, slaughter, and sale of meat, dairy, and other products derived from cattle, such as hides, are all parts of the multi-billion dollar cattle industry in the United States. Any bovine animal—cows, buffalo, bison, etc.—is referred to as a cattle.
The national cattle herd ended its seven-year liquidation on January 1, 2014, with 88.2 million cattle and calves—the lowest herd size since 1952. The herd of cattle has increased ever since, reaching a peak of 94.8 million head in 2019. The herd has decreased by 3% to 91.9 million cattle heads as of January 1, 2022.
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A firm has publicly traded common stock with a current market price of $100 per share. the firm just recently paid a $5.24 annual dividend and just 4 years ago paid a $4.00 annual dividend on its outstanding common stock. the firm is about to issue new common stock at an offer price of $98 per share and will incur flotation costs of $1 per share. the cost of capital for this new issue of common stock is .
Answers
The WACC can then be calculated by taking the weighted average of the cost of debt and cost of equity, which in this case gives a WACC of 1.10.
The cost of capital for this new issue of common stock is the weighted average cost of capital (WACC). WACC is calculated by taking the weighted average of the after-tax cost of debt and the cost of equity.
The cost of debt can be calculated by subtracting the value of the flotation costs (1) from the offer price (98) and then dividing by the current market price (100) to give a cost of debt of 0.97. The cost of equity can be calculated by taking the dividend yield (5.24/100) and subtracting the growth rate (4.00/100) to give a cost of equity of 1.24.
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Lean manufacturing has been adopted by a variety of companies. How might a shoe manufacturer use this
manufacturing style to add more value to the shoes they sell? (Select all that apply.)
-Stockpile leather to get the most benefit from economies of scale
-Purchase leather in amounts matched to demand
-Base production levels on demonstrated capacity
-Include manufacturing operations in the design phase
Answers
Answer:
I think it is b c d
Explanation:
A doesnt support lean manufacturing because stockpiling will increase time needed for production, manufacturing. B, C, and D express ideas that support lean manufacturing. B supports having an even supply for even customers. C supports only making what you need limiting times. D describes the plan you will make in manufacturing which supports lean manufacturing.
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Question Content Area
A corporation's charter provides the number of authorized shares as 70,000,0000. To date, the corporation has issued 55,000,000 shares and 8,000,000 shares were reacquired. Based on this activity, the number of outstanding shares is
62,000,000 shares.
47,000,000 shares.
55,000,000 shares.
63,000,000 shares.
Answers
Based on this activity, the number of outstanding shares is 47,000,000 shares. The right answer is b.
The number of outstanding shares is equal to the amount of issued shares minus the amount of shares held in the company's treasury.
So, the issued shares are 55,000,000 and reacquired are 8,000,000.
55,000,000 - 8,000,000 = 47,000,000
Shares outstanding relate to the stock that a firm currently has, including restricted shares held by insiders and institutional investors as well as share blocks maintained by institutional investors. On a company's balance sheet, outstanding shares are listed under the heading "Capital Stock."
These consist of restricted shares owned by company officers and insiders as well as share blocks acquired by institutional investors. The amount of shares outstanding for a corporation is not constant and can change drastically over time.
The correct answer is option b.
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Prompt
What is debt?
Answers
Answer:
debt is when you spent more money than you had
A manager who involves members of the team in decisions is using which management style?
A.
Authoritarian
B.
Hands-off
C.
Participative
D.
Autocratic
Answers
Answer:
c.
Explanation:
Answer:
i think its c) to
Explanation:
Education required for an animator
Answers
Answer: A bachelor's degree in an art related field
Explanation: Like most art related careers, you need a strong art portfolio to getting an art related job.
When the price of oranges increases, Jack buys more apples and fewer oranges. The decrease in the quantity demanded for oranges and the increase in the quantity demanded for apples is an example of the
Answers
The decrease in the quantity demanded for oranges and the increase in the quantity demanded for apples is an example of the substitution effect.
What is the substitution effect?The substitution effect illustrates how a change in the price of a good affects the quantity demanded of the good and the demand of substitute goods.
When the price of oranges increases, it becomes more expensive relative to apples. As a result, consumers buy more apples and less oranges. This leads to a movement up along the demand curve for oranges.
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Tell me 3 characteristics of money?
Answers
1.) durability
2.) acceptability
3.) scarcity
4.) portability
5.)divisibility
6.)uniformity
choose any three u want! :)
Characteristics of Money.
Answer:
(a) Divisibility
(b) Limited supply
(c) Durability
More:
(d) Portability
(e) Acceptability
(f) Uniformity
These are the characteristics of money.
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According to this image :
1- What is the age range of the generation with the highest amount of household debt?
2-Which is the only generation to decrease its average debt from 2019 to 2020?
3-Compare the rate at which Gen Z’s debt increased from 2019 to 2020 compared to other generations.
With an increase of 67.2%, Gen Z’s debt increased at a much higher rate than other generations.
4-Calculate how long it would take for Gen Z’s average debt ($16,000) to reach Gen X’s level of average debt ($140,000) if it continued to increase at its current rate (67.2% per year).
5-Develop a logical argument why Gen Z’s debt is rising at such a high rate when the Silent Generation’s debt is decreasing.
I have to turn this worksheet today, So please ANYONE help me out please ASAP..
Answers
Answer:
1. Gen X 41-56years
2. Silent Gen reduced debt by 4.6%
3.Baby boomers increased by 0.3% from 2019 to 2020, they had the least increase in debt
Gen X followed with 3.5% increase from 2019 to 2020 while Millenials had 11.5% increase in debt between 2019 and 2022. Even though Gen Z debt increased by 67.2%, they still have the lowest debt overall into two years.
4.Gen Z average debt $16,000
Gen X average debt $ 140,000
In 5years, it will meet up with Gen Xs level of debt
5. The silent Gen are the elderly, mostly retired and no longer taking new loans while Gen Z is the younger generating, newly exploring the world, teenagers and students, young school leavers and new work force taking loans at the slightest offer. The silent age are no longer active, they are most been taken care of and won't be taking loan facilities for any purpose. Student loan, technology etc is available and most suitable for the age range of Gen Z, hence the difference in the loan dimension.
*PLEASE HELP ME!*
Sara could practice her guitar or complete her calculus homework. She does not really want to practice her guitar but does so anyway, what is her trade-off?
practicing her guitar
completing her calculus homework
the time it took her to practice guitar.
practicing her guitar and doing her calculus homework
Answers
Answer:
C
Explanation:
The wood shop generates $. 97 in sales for every $1 invested in total assets. Which one of the following ratios would reflect this relationship?.
Answers
Answer:
Total asset turnover
Explanation:
b
What must be present when a product leaves a manufacturer in order to prove strict liability?
A. A defective product.
B. An ultrahazardous product.
C. An inherently unsafe product.
D. A poorly designed product.
Answers
The best choice is an option (a). When a product leaves a manufacturer, a defective product must be presented to establish strict liability.
How can stringent product liability be demonstrated?A plaintiff must often demonstrate that an inherent flaw in a product is what led to the alleged losses to succeed on a strict product liability claim. To put it another way, the plaintiff must demonstrate both that the product was inherently flawed and that the flaw was what led to the harm or damage.
In strict liability, whose burden of proof is it?The imposition of duty on a party without a finding of fault is known as a strict liability in tort law (such as negligence or tortious intent). The plaintiff merely needs to demonstrate that the defendant committed the tort and that it happened. Situations that the law deems to be inherently harmful are subject to strict responsibility.
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Wes Ottey would like to buy an apartment in Sydney in six years. He is looking to invest $75,000 today in a share that is expected to earn a return of 18.3 percent annually. How much will he have at the end of six years? (Round to the nearest dollar.)
Answers
Answer: 82350
Explanation: I say this cause mathematically speaking 18.3% of 75000 = 13725, then multiplied by 6 (6 years) should be 82350. It does say the end of 6 years though but the end of 6 years isn't 7 years so I'd still say 82350 or something like that.
Help me please.. there is no option on here for Human Resources principals, so I jus clicked business as the subject..
Answers
Answer:
it is c issue-based-model
Your beloved 15-year-old dog is very sick. He won’t eat, can barely walk, and looks miserable. The vet says you
should consider “putting him down” to spare him suffering. You can’t bear to part with him. What should you do?
Answers
Answer:
Put him down. If you truly love your dog you would put your feelings aside and end his pain.
I've had to make this decision before and it is incredibly painful, but it's for the sake of your dog.
i dont know but good luck
Answers
Answer:where’s the question?
Explanation:
subs-n-stuff inc. hires molly to work the cash register, accept deliveries, and deal with customers and drivers. with respect to subs-n-stuff, molly is most likely
Answers
Molly is most likely an employee of Subs-n-Stuff Inc. who is responsible for working at the cash register, accepting deliveries, and dealing with customers and drivers.
This indicates that she has a variety of responsibilities within the company and is likely expected to provide a high level of customer service. Additionally, as an employee, she may receive benefits such as healthcare and paid time off, and she may be subject to certain company policies and procedures.
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Revision of Depreciation
A building with a cost of $1,800,000 has an estimated residual value of $125,000, has an estimated useful life of 40 years, and is depreciated by the straight-line method.
a. What is the amount of the annual depreciation?
$fill in the blank 1
41,875
b. What is the book value at the end of the twenty-eighth year of use?
$fill in the blank 2
c. If at the start of the twenty-ninth year it is estimated that the remaining life is 5 years and that the residual value is $80,000, what is the depreciation expense for each of the remaining 5 years?
$fill in the blank 3
Answers
a) $41,875, Annual Depreciation.
b) $627,500, Value at the end of twenty-eight year.
c) $109,500, depreciation for 5 years.
a) Annual Depreciation = (Cost of the Asset - Residual Value) / Estimated useful life.
Annual Depreciation = ($1800000 - $125000) / 40 = $41,875.
b) Book value after 28 year of use will be:
Depreciation till 28 year = Annual depreciation x 28 = 41875 x 28 = 1,172,500.
Book value = Cost of asset - Depreciation till 28 year = 1800000 - 1172500 = $627,500.
c) Annual Depreciation for 5 years will be:
Annual Depreciation = (Cost of asset remaining - Residual value) / Estimated life remaining
Annual Depreciation = (627,500 - 80000) / 5 = $109,500.
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