Which type of business has owners that share the debts and the profits but avoid the expense of incorporation?
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Answer:
Its Corperation.
Explanation:
Just took the quiz
Related Questions
why is askom regarded as a monopoly
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Answer:
Because it has no substitute s
______ leaders may lack emotional or academic intelligence or be careless, distracted, or sloppy. Group of answer choices Rigid Toxic Callous Incompetent
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The term that best fits the description provided is "Incompetent" leaders.
Incompetent leaders are those who lack the necessary skills, knowledge, or abilities to effectively perform their roles or responsibilities. They may lack emotional intelligence, academic intelligence, or other essential qualities required for effective leadership. Incompetent leaders may display carelessness, distraction, or sloppiness in their work, which can hinder their ability to make sound decisions, communicate effectively, or lead their teams successfully.
It's important to note that this term is used to describe leaders who are ineffective or lacking in certain areas, rather than making a broad generalization about their overall capabilities or potential in all aspects of their lives.
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Eduardo is currently involved in FBLA (Future Business Leaders of America). He has dreams to work on Wall Street. Assuming he will continue down the same career path, which professional organization would Eduardo most likely be a part of in the future? SAG AFP O AASA O DECA
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Answer:c
Explanation:
I just took the text
Answer:
DECA
Explanation:
please help me!!! I literally have no clue what it is
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Answer:
Critical Thinking,Mathematics, and Operation and Control.
Explanation:
Issued shares of common stock to investors in exchange for $137,000 in cash. 2. Borrowed $44,000 by issuing bonds. 3. Purchased delivery trucks for $57,000 cash. 4. Received $14,000 from customers for services performed. 5. Purchased supplies for $4,700 on account. 6. Paid rent of $4,300. 7. Performed services on account for $11,700. 8. Paid salaries of $27,300. 9. Paid a dividend of $11.500 to shareholders. Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to Stockholders' Equity in the far right column. (ff a transaction couses a decrease in Assets, Llabllities or Stockholder' Equily, ploce a nesative sign (or porentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced, see lliustration 3−4 for example) Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to Stockholders' Equity in the far right column. (If a transaction couses a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Lability or Equity item that was reduced, see Mllustration 3−4 for example.)
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1. Financial backers' worth augmentations from issuing.
2. Liabilities are raised by borrowing.
3. Assets are reduced by cash payments.
4. Assets are raised by customer payments.
5. Assets and liabilities rise.
How to determine the effect of the transaction on the accounting equation1. Given segments of typical stock for $137,000 | +$137,000 = +$137,000 | Extension in value from issuing stock
2. Procured $44,000 by issuing bonds | +$44,000 = +$44,000 | Extension in liabilities from issuing bonds
3. Purchased movement trucks for $57,000 cash | - $57,000 = $0 | Reduction in genuine cash and extension in assets (trucks)
4. Gotten $14,000 from clients for organizations performed | +$14,000 = +$14,000 | Development in assets (cash) from client portion
5. Purchased supplies for $4,700 on account | +$4,700 = +$4,700 | Extension in assets (supplies) and development in liabilities (loan boss liabilities)
6. Paid rent of $4,300 | - $4,300 = - $4,300 | Decrease in assets (cash) from rent portion
7. Performed organizations on address $11,700 | +$11,700 = +$11,700 | Development in assets (records of deals) from organizations performed
8. Paid pay of $27,300 | - $27,300 = - $27,300 | Lessening in assets (cash) from pay portion
9. Conveyed a benefit of $11,500 to financial backers | - $11,500 = - $11,500 | Decreasing in assets (cash) and decrease in value from benefit portion
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Accounting reports are aimed at users with a reasonable knowledge of accounting and business and who are prepared to invest time in studying them. Do you think, however, that accounting reports should be understandable to users without any knowledge of accounting or business?
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Yes, accounting reports should be understandable to users without any knowledge of accounting or business.
Transparency and accessibility are crucial in ensuring that financial information is comprehensible to a wide range of stakeholders, including individual investors, consumers, and the general public.
By presenting financial information in a clear and user-friendly manner, accounting reports can empower non-experts to make informed decisions, assess the financial health of a company, and hold organizations accountable. Simplifying complex accounting concepts, using plain language, and providing additional context and explanations can help bridge the gap between accounting professionals and non-expert users, ultimately promoting financial literacy and fostering trust in the financial reporting process.
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According to the quantity equation, if real output and the money supply stay the same and the price level increases:________
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According to the quantity equation, if real output and the money supply stay the same and the price level increases the velocity of money has to increase.
More about the velocity of money:
Money exchange rates in an economy are gauged by the term "velocity of money." It is the frequency with which funds are transferred from one entity to another. It also describes the total amount of money spent in a specific time frame.
Simply described, it's the rate at which firms and consumers spend money together in an economy. The GDP to the M1 or M2 money supply of a nation is typically used to calculate the velocity of money.
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the deregulatory legislation that allows companies to be more active in their intent to raise money through crowdfunding was the:
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The deregulation law that permits businesses to be more proactive in their intention to seek money through crowdfunding was the: Jump Start Our Business Act or JOBS Act.
What Is the Jumpstart Our Business Startups (JOBS) Act?On April 5, 2012, President Barack Obama signed the Jumpstart Our Business Startups (JOBS) Act into law, which loosened rules imposed on small enterprises by the Securities and Exchange Commission (SEC).
It permits the promotion of securities offerings and eases disclosure and reporting requirements for businesses with less than $1 billion in annual revenue. Additionally, it opens up crowdsourcing to more people and significantly increases the number of businesses that can issue shares without first registering with the SEC. The goal of the JOBS Act is to make it simpler for companies to raise money. Its secondary goal is to enable small-scale investors to finance companies.
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How much is a standard tip?
•10-15 percent
•15-20 percent
•20-25 percent
•25-30 percent
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please i need help with this !!
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Answer:
Save
Measure
Notes
Services
Money
Barter
Swapped
Forms
The most problematic sources are those that: A. Provide the least information about their author and original source of information B. Contain information that is biased C. Contain information only from secondary sources D. Provide one outlook on the information being presented
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The most problematic sources are those that provide the least information about their author and original source of information. A material or device that emits radiation, whether ionising or non-ionizing, and that needs to be licensed by the Australian Radiation.
The protection and Nuclear Safety Authority is referred to as a problematic source. Investments, operations, and financing These three streams of business cash flow can significantly impact the development and viability of your organization. The sources of company finance include retained earnings, equity, term loans, debt, letters of credit, debentures, euro issuance, working capital loans, the venture capital investments, etc.
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Answer: I believe the answer is A.
Explanation: I really hope this helps and have a fabulous day!
eric is expected to show high deference to his boss who is the ceo of a software company. his boss makes all the decisions without much input from lower level employees. this is an example of a
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Eric is expected to show high deference to his boss who is the ceo of a software company. his boss makes all the decisions without much input from lower level employees. this is an example of a High power (-distant) culture.
An employee is someone who receives paid to work for someone or enterprise. people do not need to paintings full time to be taken into consideration personnel—they in reality need to be paid to work by using an organisation (the character or commercial enterprise that can pay them).
Employees complete tasks for organisation leaders . They use their abilties, knowledge and information to meet a positive function at a firm. They usually work within a particular branch like customer service, marketing, accounting or facts generation.
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PLS help, 25 pts and brainliest will be given !
How can reflecting on morals and ethics; help you identify your areas of strengths and weaknesses?
Answers
Explanation:
Identifying your strengths and weaknesses can be extremely valuable. Not only will it allow you to approach tasks and challenges with a better understanding of how to succeed and what pitfalls to look out for, but it also allows you to effectively communicate what you can contribute, which is essential for things like job interviews.
A ________ is a separate company created and owned by two or more independent entities to achieve a common business objective.
A) wholly owned subsidiary
B) joint venture
C) strategic alliance
D) turnkey project
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B) Joint venture is a separate company created and owned by two or more independent entities to achieve a common business objective.
A joint venture is a separate company that is created and owned by two or more independent entities (companies or individuals) to achieve a common business objective. It involves the pooling of resources, expertise, and capital to pursue a specific project or venture. Joint ventures are often established when two or more parties believe that they can accomplish more together than individually. The entities involved in a joint venture typically share both the risks and rewards associated with the venture. Joint ventures can be formed for various purposes, such as entering new markets, developing new products, or sharing research and development costs. They allow the participating entities to leverage each other's strengths and mitigate risks through collaboration and shared responsibilities.
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According to Uniform Commercial Code (UCC) Section 3-312, a certified check or a cashier's check is fully recoverable if the check is _____.
Answers
Answer:
lost or stolen
Explanation:
The Uniform Commercial Code is one of the primary sources of the contract law in the United States of America together with the Common law. The Uniform Commercial Law is commonly known as the UCC and it is one of the "uniform law" or the "modern laws" in the United States.
Under the section 3-312 of the UCC if a check is a certified check or a cashier check and if the check is lost or stolen, then the claimant of the check can fully get the refund of the amount by submitting a declaration to the bank and have to wait for 30-90 days to get a replacement check or the refund of the money. The claimant may have to present a indemnity bond to the bank.
Base on Uniform Commercial Code (UCC) Section 3-312, There is every tendency that certified check or a cashier's check can be recovered in case of loss or theft.
Uniform Commercial Code (UCC) Section 3-312 can be regarded as code that overseas the recovery of any teller's check or certified check Incase of theft or loss.This means that so far the check is a certified one no panic incase of loss.Therefore, loss or stolen is correct.
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Which of the following is not an element of the financial statements?
A. future potential sales price of inventory
B. assets
C. liabilities
D. equity
Answers
A. Future potential sales price of inventory is not an element of the financial statements.
The financial statements, which include the balance sheet, income statement, cash flow statement, and statement of changes in equity, provide information about an entity's financial position, performance, and cash flows. These statements present a snapshot of the company's financial health and are prepared based on generally accepted accounting principles (GAAP). The elements of financial statements are specific categories or components that make up the information presented in the statements. The three primary elements of financial statements are assets, liabilities, and equity. Assets represent the resources owned by the company, such as cash, inventory, property, plant, and equipment. Liabilities, on the other hand, represent the company's obligations or debts to external parties, such as loans, accounts payable, and accrued expenses.
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Karen works in a department store. Her coworkers have diverse cultural backgrounds. Which statement shows that Karen understands the importance of multiculturalism?
A.
She values a consistent focus on knowing and completing her daily tasks.
B.
She expects everyone to conform to the same ideas about punctuality.
C.
She appreciates how other perspectives enhance customers’ shopping experiences.
D.
She values completing a job on schedule more than taking time to build relationships.
Answers
A.
She values a consistent focus on knowing and completing her daily tasks.Answer:
Explanation:
I WILL GIVE BRAINLIEST
An asset account called ______________ means that customers can take possession of the good, and pay for it later.
A. Accounts Receivable
B. Accounts Payable
C. Cost f Goods Sold
Answers
Answer:
b account payable is your answer.....
Explanation:
B. Accounts Payable
Accounts receivable is an amount that a debtor (in this case the customer) owes your business. So this is considered an asset.
Accounts payable is an amount that a creditor (in this case can be us the business) owes a business. This is considered a liability.
Cost of goods sold is the amount a business pays to produce goods to be sold in a specific period of time usually a year. It is recorded on the income statement. It is considered as an expense.
as country incomes rises, what would you generally expect to happen to the burden of noncommunicable diseases as a share of the total disease burden?
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As the country incomes rises, we would want to expect that the burden of noncommunicable diseases as a share of the total disease burden should go down.
What is a Noncommunicable diseases?A noncommunicable diseases means the group of conditions that are not mainly caused by an acute infection which often result in long-term health consequences and often create a need for long-term treatment and care. This type of diseases includes heart disease, stroke, cancer, diabetes and chronic lung disease which are collectively responsible for 74% of all deaths worldwide.
When a country incomes rises, the quality of life and standard of living should increases, hence, the burden of noncommunicable diseases is expected to go down.
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Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,300 of direct materials and used $3,800 of direct labor. The job was not finished by the end of the month, but needed an additional $2,800 of direct materials and additional direct labor of $6,100 to finish the job in October. The company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred. What is the balance in the Work in Process account at the end of September relative to Job A3B?
Answers
Answer: $13,700
Explanation:
Given the following :
Month of September:
Direct materials = $2300
Direct labor used = $3800
Overhead = 200% of direct labor cost incurred
Therefore September overhead :
200% × $3800
2 × $3800 = $7,600
Work in process account at the end of September :
Direct labor cost + direct material cost + overhead
$3800 + $2300 + $7600 = $13,700
Please pick one product which is not available in the United States and how it can be "localized/adapted" when it enters into the U.S. market and discuss why.
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One product that is currently not available in the United States is Kinder Surprise, a popular chocolate egg with a small toy inside, made by Ferrero.
To successfully localize and adapt Kinder Surprise for the U.S. market, certain modifications would need to be made due to existing regulations and consumer preferences. Firstly, the product would need to comply with the U.S. Food and Drug Administration (FDA) regulations. Currently, the sale of Kinder Surprise is banned in the U.S. because it is considered a choking hazard, as the toy is embedded inside the chocolate egg. To address this concern, Ferrero could develop a modified version of the egg where the toy is separated from the chocolate in a way that eliminates the potential choking hazard, such as placing the toy in a clearly visible, separate compartment within the packaging.
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The benefit enjoyed by a third party that is not directly involved in the production or consumption of a good or service is?
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An externality is the benefit enjoyed by a third party that is not directly involved in the production or consumption of a good or service.
Externalities can either be positive or negative;
Positive externalities occur when there is a positive gain on both the private level and social level.
Negative externalities occur when the social costs outweigh the private costs. For example in cases of pollution where an industry may decide to cut costs and increase profits by implementing new operations that are more harmful to the environment.
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Calculate the amount of currency in billions of dollars in the economy from the given information. Assume zero traveler's checks for answering this question.
Items Billions of $
Savings deposits 8,000
Money market mutual funds 700
M2 13,700
Checking deposits 2,250
Small time deposits 750
Answers
The amount of currency in billions of dollars in the economy is $2,000 billion.To calculate the amount of currency in billions of dollars in the economy, we need to subtract the other components of M2 (Savings deposits, Money market mutual funds, Checking deposits, and Small time deposits) from the total M2.
M2 represents the broader definition of money supply and includes various forms of money held by the public, such as currency, checking deposits, savings deposits, money market mutual funds, and small time deposits.
Given information:
Savings deposits: $8,000 billion
Money market mutual funds: $700 billion
M2: $13,700 billion
Checking deposits: $2,250 billion
Small time deposits: $750 billion
To find the amount of currency, we subtract the other components of M2 from the total M2:
Currency = M2 - (Savings deposits + Money market mutual funds + Checking deposits + Small time deposits)
Currency = $13,700 billion - ($8,000 billion + $700 billion + $2,250 billion + $750 billion)
Currency = $13,700 billion - $11,700 billion
Currency = $2,000 billion
Therefore, the amount of currency in billions of dollars in the economy is $2,000 billion.
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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
Answers
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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According to the acquired needs theory, the desire to influence others is part of the need for:.
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Based on the acquired needs theory, the desire to influence others is part of the need for power self-actualization achievement.
What is acquired need theory?Acquired needs theory is said to be a theory that is also called McClelland's Needs Theory or Three-Needs theory.
Conclusively, this is known to be a theory that is as a result of the view that individual's needs are gotten as they live their lives or via life experiences and that the desire to influence others is part of the need for power self-actualization achievement.
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How long do you have to file an amended tax return?.
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You have 3 years from the date you filed your original tax return or 2 years from the date you paid the tax, whichever is later, to file an amended tax return.
An amended tax return, known as Form 1040X, allows you to make corrections or changes to your previously filed tax return. You can file an amended tax return within 3 years from the date you filed the original tax return or within 2 years from the date you paid the tax, whichever comes later. If you're expecting a refund from your amended tax return, it's essential to file it within these timeframes, or you may not be eligible to receive the refund.
The Internal Revenue Service (IRS) provides taxpayers with the option to file an amended tax return if they find errors or need to make changes to their previously filed tax return. To do this, you need to complete and submit Form 1040X. It's important to remember the time limit for filing an amended tax return, which is either 3 years from the date you filed the original tax return or 2 years from the date you paid the tax, whichever is later. If you are owed a refund, filing within these time limits is crucial to ensure you receive the refund you're entitled to. In case you owe additional tax, it's best to file an amended return as soon as possible to minimize potential interest and penalties.
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The new growth theory differs from the grot theory developed by Robert Solos;; since A. the Solow growth theory says that the rate of technological change is influenced by how individuals and firms respond to economic incentives, whereas the new growth theory leaves technological change unexplained. B. the Solow growth theory focuses on technological change and the quantity of capital available to workers whereas the new growth theory states that accumulation of knowledge capital is a key determinant of economic growth. C. the new growth theory focuses on technological change and the quantity of capital available to workers whereas the Solow growth theory states that accumulation of knowledge capital is a key determinant of economic growth. D. the new growth theory says that physical capital is nonrival and nonexcludable and the Solow growth theory states that knowledge capital is nonrival and nonexcludable and is a key determinant of economic growth.
Answers
The new growth theory differs from the Solow growth theory developed by Robert Solow, since the Solow growth theory says that the rate of technological change is influenced by how individuals and firms respond to economic incentives, whereas the new growth theory leaves technological change unexplained.
Thus, option A is correct.
What is the Solow growth theory?The Solow growth theory is an economic model that was developed by Robert Solow. It is a model of economic growth that analyzes changes in output per capita in the long run.
Solow growth theory aims to explain how capital accumulation, population growth, and technological progress interact with each other to influence the long-term growth rate of an economy.
What is the New Growth Theory?The New Growth Theory is an economic concept that focuses on the role of technology in driving economic growth and increasing returns to scale. It proposes that the accumulation of knowledge capital is the key determinant of economic growth. In other words, the New Growth Theory suggests that technological progress leads to increasing returns, which leads to more growth.
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Match each law with its correct description.
Answers
Answer:
Not too sure but I think it goes 1.Fair credit billing act 2.Credit CARD act 3.Uniform commercial code 4.Truth in lending act.
Match the law terms and definition:
Truth in Lending Act - requires lenders to establish standardized disclosures regarding terms and how they calculate fees.
Through the meaningful disclosure of loan conditions, which enables customers to evaluate standardized credit terms more easily and intelligently, the Truth in Lending Act (TILA) aims to safeguard consumer protection and promote competition among financial institutions.
Match the law terms and definition:
Truth in Lending Act - requires lenders to establish standardized disclosures regarding terms and how they calculate fees.Fair Credit Billing Act: allows consumers to exercise their rights regarding disputes and billing errors.Uniform Commercial Code: a set of laws that govern US commercial transactions.Credit CARD Act: prohibits unfair and abusive credit practices and ensures the transparency of fees.As a result, the significance of the law terms and definition are the aforementioned.
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T/F creativity is both derivative and unique
Answers
The correct answer is True. Creativity can be both derivative and unique at the same time. Derivative creativity involves taking existing ideas or concepts and adapting or modifying them to create something new. This form of creativity involves drawing inspiration from existing ideas and adding your own unique twist to them.
Unique creativity, on the other hand, involves creating something entirely new and original that has never been seen or heard of before. This type of creativity requires a high degree of originality, imagination, and innovation. It is important to note that both forms of creativity are equally valuable and can lead to great success. Some of the most successful and iconic works of art, music, and literature have been derivative in nature, taking inspiration from existing works and adding their own unique spin. At the same time, many groundbreaking inventions and ideas have stemmed from unique creativity, leading to transformative change in various industries.
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What would the monthly payment be for a $5,000 loan with a 6. 25% interest rate compounded monthly spread over 60 months? a. $25. 31 b. $97. 25 c. $217. 00 d. $320. 95 Please select the best answer from the choices provided A B C D.
Answers
The correct option is B. $97.25. The monthly payment will be $97.25.
The interest rate is 6.25%.
The loan is spread over 60 months.
The loan amount is $5000.
The formula to find the monthly payment for a loan is given below:
PMT = (P * r) / (1 - (1 + r) ^ -n)
Where,
P = loan amount, r = interest rate per month, and n = total number of payments.
PMT = (5000 * 0.00625) / (1 - (1 + 0.00625) ^ -60)
= $97.25 (Approx)
Therefore, the monthly payment will be $97.25.
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