The fundamental goal of the market-driven economic system in the United States is to meet customer wants as they are perceived by the consumers.
Define market-directed economic system.A market-directed economy is one in which supply and demand determine the prices of products and services. The market controls the economy without any help from the government. Exchanges of money and goods take place voluntarily and in response to customer needs.
It is not managed by a single entity; rather, it is determined by the supply and demand for products and services. Market economies can be found in countries like Japan, England, and the United States.
To know more about market-directed economic system, visit:
https://brainly.com/question/28288138
#SPJ4
to be well-capitalized, a bank must have a leverage ratio of at least percent, tier i capital to credit risk-adjusted asset ratio of at least percent, and a total risk-based capital ratio of at least percent.
To be well-capitalized, a bank must have a leverage ratio of at least 5 percent, Tier I capital to credit risk-adjusted asset ratio of at least 8 percent, and a total risk-based capital ratio of at least 10 percent.
A factory and its equipment, intellectual property such patents, or even the financial assets of the company or a person are all specific examples that provide benefit to their owners and fall within the broad definition of capital.
While money in and of itself could be considered capital, the term is more frequently used to refer to money that is being used for investments or productive purposes. For generally, capital is the most important component of managing a firm day-to-day and funding its expansion in the future. Business capital may arise from the performance of the organization or to be raised through debt and equity financing finance.
Learn more about capital here:
https://brainly.com/question/14226166
#SPJ4
josie purchases her textbooks using her debit card. marie purchases her textbooks using her credit card. juan purchases his textbooks using cash. do all of these transactions represent a use of money? please choose the correct answer from the following choices, and then select the submit answer button. answer choices yes, because in each transaction, the individual is using a payment method and receiving the textbooks in return. yes, because it does not matter which kind of technology is used to buy the textbooks provided the chosen method results in the acquisition of the textbooks. no, josie and marie are both not using money when buying their textbooks no, maria is not using money to purchase the textbooks, but juan and josie are using money.
No, Marie's use of the credit card is not a use of money because the credit card represents a pre-approved loan.
A credit card is what?With a line of credit that you can access through your card (and your card's account), a credit card is a financial tool provided by a bank in the form of a loan. You can utilise your credit limit, which is a cap on the loan that underpins your credit card, for small purchases as well as larger ones. A credit card, in its virtual version, is a type of payment that makes it easier for people to make purchases and cash advances for both personal and professional use. An unsecured revolving line of credit is typically offered through a credit card, which typically functions as a substitute for cash or a check.
To know more about credit card visit:
https://brainly.com/question/27350251
#SPJ4
What is maximum pricing in economics
A maximum pricing in economics can be defined as the lowest price that can legally be set, e.g., minimum price for alcohol, minimum wage.
Explain in detail.
A maximum price is a legally-imposed limit on the cost of goods or services in a market. It is intended to prevent the market price from rising above a certain level, as suppliers are not allowed to exceed the maximum price. For the maximum price to be effective, it must be set below the free market price. This ensures that the market price is kept below the maximum price, and that suppliers are not able to charge more than the maximum price.It also occurs when the government sets a legal limit on the price of a good or service – with the aim of reducing prices below the market.To know more about Maximum pricing from the given link
https://brainly.com/question/14769443
#SPJ1
Equipment acquired on January 6 at a cost of $455,400 has an estimated useful life of 10 years and an estimated residual value of $59,400.a. What was the annual amount of depreciation for the Years 1-3 using the straight-line method of depreciation?Year Depreciation Expensb. What was the book value of the equipment on January 1 of Year 4?c. Assuming that the equipment was sold on January 3 of Year 4 for $319,800, journalize the entry to record the sale. If an amount box does not require an entry, leave it blank.Jan. 3 d. Assuming that the equipment had been sold on January 3 of Year 4 for $343,300 instead of $319,800, journalize the entry to record the sale. If an amount box does not require an entry, leave it blank.Jan. 3
The annual depreciation for the years is $39,6000.The book value of the equipment is $297000. The book value of the equipment 2014, is $297000.There is a gain on sale of equipment on $46300 was the annual amount of depreciation for the Years 1-3 using the straight-line method of depreciation
Using the straight-line method, the annual depreciation will always be constant. Let us compute the annual depreciation.
Annual deprecition =Cost −Estimated residual value/Estimated useful life
Annual depreciation =455,400 − 59,400 /10 years
Annual depreciation =39,6000
The annual depreciation for the years 2011, 2012, and 2013 is $39,6000.
Part B:
Let us compute the book value of the equipment on January 1, 2014. The period covered for accumulated depreciation is 3 years (from January 6, 2011, to January 1, 2014).
Book value =Cost − Accumulated deprecation
Book value=Cost−Annual depreciation× period covered
Book value= 455,400 - 39600×4
Book value=297000
The book value of the equipment on January 1, 2014, is $297000
Part C:
Let us compute the gain or loss on the sale of the equipment.
Gain(Loss)=Sellingprice−Bookvalue
Gain(Loss)=396000-297000
Gain(Loss)= 99,000
part D:
Let us compute the gain or loss on the sale of the equipment.
Gain(Loss)=Sellingprice−Bookvalue
Gain(Loss)=343,300-297000
Gain(Loss)= 46300
There is a gain on sale of equipment on $46300
Learn more about Depreciation here:
https://brainly.com/question/15085226
#SPJ4
Which of these is the process of planning and implementing actions that will lead to success in competition?
Strategy is the process of planning and implementing actions that will lead to success in competition.
Planning and implementing actions can be a challenge, but it is important to consider all of the factors involved in order to be successful. It is important to consider the resources needed, the timeline, and the objectives.
It is also important to involve key stakeholders in the planning process to ensure that everyone is on the same page. Once a plan is in place, it is important to monitor progress and make adjustments as needed. In our competitive world, it's easy to get caught up in the comparison game. We compare our accomplishments to others', our looks to others', our intelligence to others', and so on.
To know more about planning, click here.
https://brainly.com/question/18266486
#SPJ4
when deciding to monitize program effects using the helps identify potential outcomes and impacts to be monetized
When deciding to monetize program effects using the data monetization helps identify potential outcomes and impacts to be monetized.
A type of monetization known as "data monetization" may be defined as the process of obtaining quantifiable economic advantages from existing data sources (analytics). It may also, less frequently, relate to the process of charging for data services.
These advantages in the context of analytics often manifest as reductions in costs or revenues, but they might also include increases in market share or corporate market value. Data monetization makes use of data produced by company operations, exogenous data or material that is readily available, as well as data related to individual actors, including that gathered via electronic devices and sensors taking part in the internet of things.
To know more about Data Monetization here
https://brainly.com/question/28902236
#SPJ4
if a variable is normally distributed, approximately what percentage of values lie within the limits given below
If a variable is normally distributed, approximately , the value of mean will have limit ( -∞ , ∞) and limit of variance is greater than 0
A probability distribution known as a "normal distribution" is symmetric about the mean and indicates that data that are close to the mean are more likely to occur than data that are far from the mean.
The normal distribution is depicted graphically as a "bell curve."
With a mean of 0 and a standard deviation of 1, the standard normal distribution is a normal distribution.
The standard deviation, which indicates how much a given measurement deviates from the mean, is given by the standard normal distribution, which has zero as its centre.
Using the normal distribution as a reference, 68% of observations are within one standard deviation of the mean
95% are within two standard deviations
99.9% are within three standard deviations.
The question is incomplete so I've answered in general
To know more about normal distribution here
https://brainly.com/question/29509087
#SPJ4
T/F based on the table, which of the following describes the balance in the current account and in the capital and financial account?
Based on the table the following describes the balance in that the current account is in deficit and the capital and financial account is in surplus. Its because the table gives the values of selected accounts in a nation's balance of payments in millions of dollars.
Explanation:
Surplus funds can be meant as the excess of some other recognized assets and cash that are equivalent in the natural course or expected to be resolved into cash of events and with a reasonable certainty, over the necessary and liabilities reserves at the same date.
Deficit can be meant as a situation that occurs when a government or an organization sphere experiences expenditure that is greater than its income. Deficit is a problem that is commonly experienced by many countries, especially developing countries.
The question isn't complete. The complete question is shown below:
The table gives the values of selected accounts in a nation's balance of payments in millions of dollars. Based on the table, which of the following describes the balance in the current account and in the capital and financial account?
Learn more about surplus and deficit in the link https://brainly.com/question/14300572
#SPJ4
Japanese and American salespersons are surprisingly similar except for one difference thatJapanese rate as more important than their American counterparts. Identify this difference.job securitypromotionjob satisfactionsocial recognitionpersonal growth and development
Japanese and American salespersons are surprisingly similar except for one difference: the Japanese rate is more important than their American counterparts and the difference is social recognition.
What is social recognition?Social recognition refers to any form of appreciation that doesn’t involve a monetary component, from a simple thank you in the hallway to a callout at the weekly staff meeting. Practising social recognition allows workers of all levels to feel valued for their contributions to your organization. Social recognition can completely transform a company and boost key metrics like employee engagement, and retention.
The performance of both employees and the organization as a whole also improves.
Learn more about social, here:
https://brainly.com/question/12881643
#SPJ1
punitive damages may be recovered in a case of discrimination against a private employer if the employer acted with malice or reckless indifference.
If the respondent "engaged in discriminatory conduct or practices with malice or with reckless disregard to the rights of an aggrieved person that are protected by federal law," the complaining party may be entitled to punitive damages. True. Option A
What are punitive damages?Generally, If the defendant "engaged in discriminatory conduct or discriminatory practices with malice or with reckless disregard to the federally protected rights of an aggrieved person," then the complaining party is eligible to obtain punitive damages.
Damages that are awarded in order to punish the defendant for outrageous behavior and/or to reform or deter the defendant and others from engaging in conduct similar to that which formed the basis of the lawsuit are known as punitive damages or exemplary damages. These damages can also be referred to simply as punitive damages.
Damages for Punishment: Damages for Punishment are granted as a punishment to prevent an egregious, unconstitutional, or irresponsible breach of duty.
These types of breaches of duty are known as "punitive." These types of damages are also referred to as aggravated damages, exemplary damages, and spiteful damages.
Read more about punitive damages
https://brainly.com/question/14265086
#SPJ1
T/F
Punitive damages may be recovered in a case of discrimination against a private employer if the employer acted with malice or reckless indifference.
leasing is often referred to as off-balance-sheet financing because the assets and capital needed to acquire fixed assets do not always show up on the balance sheet. according to financial accounting standards board (fasb) statement no. 13, which of the following statements is true about leases that must be capitalized? leased assets should be reported as fixed assets on the balance sheet. the present value of all future lease payments should be reported as assets on the balance sheet.
Operating leases and partnerships are typical examples of off-balance-sheet financing. Although accounting regulations have been strengthened to limit their usage, operating leases have been commonly used.
An off balance sheet operational lease is what?When the lessor keeps the leased asset on its balance sheet, the lease is known as an OBS operational lease.
What does leasing mean?a contract in which a person, business, etc. pays to use property, a vehicle, etc. for a specific amount of time: For people who want a new car every two to three years, leasing may still be a wise financial decision.
How are financing leases handled by lessees in their balance sheets?Due to their interest as a possible owner of the asset and their needed payment, the lessee records the lease as both an asset and a liability on the balance sheet. On the income and cash flow statements, they also list individual lease payments as expenses.
To Know more about sheet financing.
https://brainly.com/question/6659408
#SPJ4
What is the relationship between the growth rate of real GDP and the growth rate of real GDP per person?; What is the relationship between GDP GDP per capita and population growth rate?; What happens when per capita GDP increases?; What does a growing GDP per capita indicate about a country?
An increase in actual GDP does not assure an increase in actual GDP according to per capita. If the boom in populace exceeds the increase in real GDP, real GDP according to capita will fall.
Key Takeaways. Nominal GDP is the whole value of all goods and services produced in a given term, commonly quarterly or yearly. actual GDP is nominal GDP adjusted for inflation. actual GDP is used to measure the actual growth of manufacturing with no distorting results from inflation.
The booming rate of real GDP in step with character equals the D) boom price of actual GDP minus the boom rate of the population. for instance, if the real GDP of a financial system grows by using 5% and the populace grows by 2% then the increased charge in line with capita real GDP could be 3%.
Monetary growth refers to a growth inside the length of a rustic's economy over a time period. the scale of an economy is normally measured by way of the full production of goods and services within the financial system, which is referred to as gross home product (GDP). financial boom can be measured in 'nominal' or 'real' terms.
Learn more about actual GDP here
https://brainly.com/question/1383956
#SPJ4
the calculation of the payback period for an investment when net cash flow is even (equal) is:
The payback period indicates the period over which the investment fund has been written off. An even number of net cash flows indicates that cash inflows are more positive than cash outflows.
Payback period:The term payback period refers to the time it takes to recoup the cost of an investment. Simply put, it is the time it takes for an investment to reach breakeven. People and businesses invest their money primarily to pay it back. That's why payback time is so important.
What is the purpose of the payback period?Payback period indicates the time it takes for a company to recoup its investment. This type of analysis allows companies to compare alternative investment opportunities and select projects that will pay off in the shortest possible time when this criterion is important.
Learn more about payback period:
brainly.com/question/25534287
#SPJ1
Any agreement among competitors to artificially fix prices or restrict output is a per se violation of Section 1 of the Sherman Act.T/F
Any agreement among competitors to artificially fix prices or restrict output is a per se violation of Section 1 of the Sherman Act. True
A plaintiff must show three things in order to establish a violation of Section 1: (1) the existence of concerted action by at least two different parties; (2) an unreasonable restriction on trade; and (3) an impact on interstate or foreign commerce of the United States.
What does the Sherman Act's Section 1 entail?
This Sherman Act section (15 U.S.C. 1) forbids agreements between two or more people or separate entities that unduly restrict trade. If a foreign company's international operations have a significant impact on US customers, Section 1 also regulates those companies.
Price fixing, bid rigging, and market division among rivals (often referred to as "horizontal agreements") are the most frequent violations of the Sherman Act and the ones that are most likely to be criminally punished.
To learn more about violation of Section 1 visit:
https://brainly.com/question/29462213
#SPJ4
which of the following promotional tools is only useful as a supplemental aspect of the promotional mix?
Marketing tactics is only effective when used in addition to other marketing strategies
Personal selling is more often used in which product?
The vendors market the goods by their demeanour, demeanour, and in-depth product knowledge. They want to educate and persuade the customer to purchase or at the very least try the goods.
The perfume and cosmetic departments in department shops are a fantastic place to see personal selling in action. A customer can try several things and receive advise on how to use the product. Personal selling is frequently used to sell products, especially those with relatively high costs or complicated features. Excellent examples include automobiles, office supplies (such as photocopiers), and numerous items that companies sell to other industrial clients.
To know more about personal selling click on the link below:
https://brainly.com/question/7304387
#SPJ4
Public relations are promotional tools only useful as a supplemental aspect of the promotional mix.
What are public relations?
Managing and distributing information from a person or an organization to the public in an effort to change their perception is known as public relations. In contrast to publicity, which is uncontrolled and funded by outside sources, public relations is internally managed. Campaigns in traditional media, sponsorships, product placement, social media campaigns, consumer education, and corporate social responsibility are a few examples of public relations. A corporation or organization's public image is created and maintained by public relations professionals. They produce material, such as press releases and social media posts, that influence public perception of the business or organization and raise brand recognition.
To learn more on public relations from the link:
https://brainly.com/question/20313749
#SPJ4
Paul listens to music on his iPod and iPhone, but he still buys vinyl records at his local music store on occasion, although they're getting harder to find. Vinyl records are in the __________ stage of the product life cycle.A. evaluationB. growthC. declineD. maturity
Vinyl records are in the decline stage of the product life cycle. The correct answer would be option C.
A decline is a fall or drop, and the decline stage of the product life cycle reflects behaviour that is similar for products. When a product disintegrates as a result of slowing down or experiencing negative growth, it enters the decline stage of its life cycle.
The strength for the product's success up to this point came from the introduction and growth stages, and with most items, the fall stage is brought on by reduced demand, which ultimately arises from new inventions and technological breakthroughs. The company's profitability will drop until it becomes uneconomical to manufacture and sell the product, at which point manufacturing will stop.
To read about product life cycle refer:
https://brainly.com/question/14567370
#SPJ4
for purposes of the business interest limitation, adjusted taxable income is defined as taxable income allocable to the business computed without regard to which of the following:
For purposes of the business interest limitation, adjusted taxable income is defined as taxable income allocable to the business computed without regard to interest income, depreciation, amortization, or depletion; interest expense; and net operating loss deductions.
What do you mean by the taxable income?The portion of an individual's or business's income that is subject to taxation after deductions and exemptions is known as taxable income. Salary or earnings, tips, benefits, and investment income are examples of taxable income.
Adjusted taxable income is taxable income allocable to the business that has been calculated without taking into account any of the following: interest income, depreciation, amortization, or depletion; interest expense; or net operating loss deductions.
Compensation, businesses, partnerships, and royalties are a few examples of sources of taxable income. Due to deductions, taxable income is typically lower than adjusted gross income.
Therefore, for purposes of the business interest limitation, adjusted taxable income is defined as taxable income allocable to the business computed without regard to interest income, depreciation, amortization, or depletion; interest expense; and net operating loss deductions.
To know more about the taxable income, visit:
https://brainly.com/question/17961582
#SPJ1
Which of the following events may increase the marginal product of labor?a) A decrease in the wage rate.b) Good weather causes an increase in supply and a fall in price for one of the inputs used to make the good.c) A technological improvement that is substitutable for the labor in this market.d) A technological improvement that is complementary for this type of labor.
The events may increase the marginal product of labor are :
A technological improvement that is complementary for this type of laborGood weather causes an increase in supply and a fall in price for one of the inputs used to make the good.Option B and D is correct.
What is the marginal product of labor?The marginal product of labor (or MPL) is the total output of a firm when additional units of labor (most often additional workers) are added and all other factors of production remain constant. refers to an increase.
What is the marginal product of labor and why is it declining?The law of diminishing marginal returns states that gaining an advantage in a factor of production usually leads to a decline in marginal productivity as output increases. This usually means that the cost advantage diminishes with each additional power unit produced.
Learn more about marginal product:
brainly.com/question/14867207
#SPJ1
Major, large city newspaper endorsements often carry important weight, especially in down ballot races for local offices. True/False
A major, large city newspaper's endorsements can have significant weight, especially in campaigns for local positions on the down ballot. True.
Which of the following are the three main variables that affect a voters' choice quillet?Partisan allegiance, issues, and candidate qualities are the three elements that affect voters' choices at the polls.
Why is it so tough for an independent in Texas to be listed on the ballot?The parties in power aim to keep hold of their position of authority and restrict other parties' ability to fight for votes in elections.
What are the three categories of elements that likely to affect voters' choices at the polls?Class, gender, and religion have been the three cleavage-based voting characteristics that have received the most attention in the research. First, a person's choice of political party is frequently influenced by their religious beliefs.
To Know more about campaigns
https://brainly.com/question/28568817
#SPJ4
d,michelle realized a $1,200 loss when she sold one of her food trucks to her father, a related party.
D) "0"(zero), that she can deduct as an ordinary and necessary business deduction. Michelle realized a $1,200 loss when she sold one of her food trucks to her father.
A big motorized vehicle or trailer that is outfitted to cook, prepare, serve, and/or sell food is called a food trucks. Others have on-board kitchens and prepare meals, while some, like ice cream trucks, sell frozen or premade food. A successful food truck can earn between $23,000 and over $100,000 annually, according to industry statistics. Location, marketing tactics, menu options, and more all have an impact on this range. A food truck is a terrific business venture if you're looking for a way to make money. With initial expenditures of about $40,000, successful food trucks can earn more than $500,000 annually. It typically takes three to twelve months to launch a food truck, and there are nine steps to take: Look into the laws and regulations governing your neighborhood's food trucks.
d,michelle realized a $1,200 loss when she sold one of her food trucks to her father, a related party?
Learn more about food trucks here:
https://brainly.com/question/13847782
#SPJ4
the bond carrying value can be determined by taking the bond ___ value minus the discount on bonds payable
The bond carrying value can be determined by taking the bond face value minus the discount on bonds payable.
How would you find the conveying worth of a bond?
The conveying worth of a bond is the amount of its assumed worth in addition to unamortized premium or the distinction in front of its worth less unamortized markdown. It very well may be determined in different ways, for example, the powerful financing cost technique or the straight-line amortization strategy. It's carried on an organization's monetary record.
What is the conveying worth of a bond with a markdown?
Conveying esteem is the joined all out of a bond's presumptive worth and any unamortized limits or charges. A markdown from the presumptive worth of a security happens when financial backers need to procure a higher pace of revenue than the rate paid by the security, so they pay not exactly the assumed worth of the security.
Do you add or deduct a markdown from the bonds payable record?
Markdown on bonds payable is a contra record to bonds payable that diminishes the worth of the bonds and is deducted from the bonds payable in the long‐term risk part of the asset report.
Learn more about face value here:
https://brainly.com/question/27979865
#SPJ1
Pardo Company produces a single product and has capacity to produce 120,000 units per month. Costs to produce its current monthly sales of 80,000 units follow. The normal selling price of the product is $100 per unit. A new customer offers to purchase 20,000 units for $75 per unit. If the special offer is accepted, there will be no additional fixed overhead and no additional fixed general and administrative costs. The special offer would not affect its normal sales. Direct materials Direct labor Variable overhead Fixed overhead Fixed general and administrative Totals Per Unit $ 12.50 29.00 10.00 17.50 13.00 Costs at 80,000 Units $ 1,000,000 2,320,000 800,000 1,400,000 1,040,000 $ 6,560,000 $ 82.00 (a) Compute the income from the special offer. (b) Should the company accept the special offer? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Required A Required B Compute the income for the special offer. (Round your "Per Unit" answers to 2 decimal places.) SPECIAL OFFER ANALYSIS Per Unit Total Variable costs Contribution margin Fixed costs Fixed overhead Fixed general and administrative Income Compute the SPECIAL OFFER ANALYSIS Per Unit mm Direct labor Direct materials Fixed general and administrative Fixed overhead Fixed general and administrative Income Direct materials Fixed general and administrative Fixed overhead Sales Variable overhead (b) Should the company accept the special offer? Complete this question by entering your answers in the tabs below. Required A Required B Should the company accept the special offer? Should the company accept the special offer?
The net income is Net income $23.50, $470,000.
What is fixed variable cost?Since they fluctuate with production costs, direct labor expenses are always variable costs. The costs associated with paying the salaries of your direct production employees are referred to as direct labor costs. Both types of expenses involved in manufacturing, direct costs & variable costs, are identical in character. While variable costs change according on the volume of industrial output, direct expenses are those that may be directly linked to a product.
a).
Special offer Per unit Total
Sales revenue (20,000 × $75) $75 $1,500,000
Variable costs:
Direct material $12.50 $250,000
Direct labor $29.00 $580,000
Variable overhead $10.00 $200,000
Contribution margin $23.50 $470,000
Fixed Costs:
Fixed overhead $0.00 $0.00
Fixed general & Administration cost $0.00 $0.00
Net income $23.50 $470,000
b). Company should accept the special order
To know more about fixed variable cost, visit:
https://brainly.com/question/14872023
#SPJ4
the infant industry argument for protectionism suggests that an industry must be protected in the early stages of its development so that: group of answer choices firms will be protected from subsidized foreign competition. domestic producers can attain the economies of scale to allow them to compete in world markets. there will be adequate supplies of crucial resources in case they are needed for national defense. it will not be subjected to a takeover from a foreign competitor.
The infant industry argument for protectionism shows that an enterprise have to be covered withinside the early ranges of its improvement so that: Domestic producers can reap the economies of scale to permit them to compete in international markets.
The required details about Domestic producers is mentioned in below paragraph.
Domestic producers method someone that demonstrates manufacturing, or drawing close manufacturing, withinside the United States of an editorial this is equal to, or like or immediately aggressive with, an editorial to which a petition for a obligation suspension or discount could apply.Domestic producers method the manufacturers as an entire of the like or immediately competing merchandise working withinside the territory of the Republic of Moldova, or the ones whose collective output of the like or immediately competing merchandise constitutes a first-rate share of the overall country wide manufacturing of these merchandise.
To learn about Domestic producers visit here.
https://brainly.com/question/28346152
#SPJ4
gordon chemicals company acquires a delivery truck at a cost of $31,000 on january 1, 2022. the truck is expected to have a salvage value of $4,000 at the end of its 4-year useful life. assuming the declining-balance depreciation rate is double the straight-line rate, compute annual depreciation for the first and second years under the declining-balance method. first year second year annual depreciation under declining-balance method $
Under the declining-balance technique, the annual depreciation for years 1 and 2 is 15,500 and 7,750, respectively.
annual depreciationAnnual depreciation is the normal yearly rate at which a fixed asset is depreciated. If the straight-line approach is utilized, this rate remains constant from year to year. If an accelerated approach is utilized, yearly depreciation will peak early and then fall later. Depreciation is an accounting method for distributing a tangible or physical asset's cost over its useful life or life expectancy. Depreciation measures how much of an asset's value has been depleted. Depreciating assets allows businesses to generate income while expensing a portion of the asset's cost each year it is in use.
To know more about depreciation visit the link
https://brainly.com/question/1553943
#SPJ4
Which of the following payment terms provides the supplier with the greatest degree of protection?a. letters of credit.b. consignment.c. prepayment.d. drafts (sight/time).
The highest level of protection for the supplier is provided by prepayment payment terms.
A payment is the voluntarily made exchange of money, its equivalent, or other valuables by one party (such as an individual or business) for another's goods, services, or to satisfy a legal obligation. Payer is a common term used to describe the party making the payment.
Although most laws typically require the payer to accept the country's legal tender up to a prescribed limit, payees are generally free to choose the method of payment they will accept. Except as otherwise agreed by the parties, payments are typically made in the payee's local currency. Payment in a different currency necessitates a separate foreign exchange transaction.
Learn more about payment here
https://brainly.com/question/29645285
#SPJ4
Natalie promises to pay for medical services provided by Otto to Polly. Natalie receives no personal benefit for the promise. To be enforceable, the promise must be in writing ifa. Natalie promises to pay only if Polly does not pay.b. Natalie assumes primary financial responsibility for the cost.c. Otto’s services will be provided in installments with separate payments.d. Polly also promises to pay.
Natalie promises to pay for medical services by Otto to Polly receiving no personal benefit. To be enforceable, the promise must be written if Natalie promises to pay only if Polly does not. Hence, option (a) is relevant.
Give a brief account on business law.The corpus of law governing the rights, relationships, and behavior of individuals, firms, organizations, and businesses can be regarded as business law, often known as corporate law, company law, or enterprise law. Corporate law is a term used to describe the body of law that deals with problems that directly arise from a corporation's life cycle. As a result, it covers all aspects of forming, funding, running, and dissolving a corporation. Despite variations in the most minute form of corporate governance, as demonstrated by share ownership, capital market, and business culture guidelines, similar legal qualities and concerns exist throughout many jurisdictions.
How companies, creditors, shareholders, directors, employees, and other stakeholders—including clients, the general public, and the environment—interact with one another is governed by corporate law. Although the terms "business law" and "company law" are frequently used interchangeably, the phrase "business law" most often refers to broader ideas of commercial law, which is the law pertaining to commercial and business-related purposes and activities.
To know more about, business law, visit :
https://brainly.com/question/28036706
#SPJ1
using the following links, determine which locations offer the automotive technology a.a.s. degree courses. A. Annandale and Loudoun Campuses | B. Alexandria and Annandale Campuses | C. Alexandria and Manassas Campuses |D. Woodbridge Campus and NOVA Online
C. Alexandria and Manassas Campuses offer the automotive technology a.a.s. degree courses.
The Northern Virginia Community College, Alexandria Campus is honored to carry on an education that is committed to the ideals of access, opportunity, and excellence while focusing on student achievement after more than 50 years of educating community, corporate, and government leaders.
Our goal to provide top-notch traditional and online post-secondary teaching, learning, and career development in order to guarantee that our neighborhood, region, and the Commonwealth of Virginia have an educated populace on a national and international level enhances this.
The Alexandria Campus includes more than 14,000 students and provides 13 global languages, a busy Honors program, a program for English as a Second Language, a program for motorcycle training through Workforce Development, and much more.
To know more about Alexandria:
https://brainly.com/question/1439978
#SPJ4
Using a lot-for-lot ordering strategy for the following item, what is the net requirements amount in week 3? (Note: Use a lead time of one week and the gross requirements and scheduled receipts depicted below, and assume you begin with 100 units in inventory.)Week 1 2 3 4
Gross requirements 0 100 80 15
Scheduled receipts 75 0 0 0Projected ending inventory (100) 15 units Net requirements 0 units
Planned order receipts 80 units
Planned order releases 5 unitsSafety stock in an MRP system
is planned at the part level, independent of the safety stock of other parts.
must provide a 100% service level.
is used to provide flexibility to meet changing customer requirements.
is never needed.
5 units are used to provide flexibility to meet changing customer requirements.
What is strategy?
An organization's long-term objectives and the plan it has to achieve them are referred to as its strategy. In other words, it demonstrates the way to realize the specified vision. The specific steps taken to accomplish the objectives in accordance with the strategy are referred to as a tactic.
A business strategy explains the precise methods through which a company intends to position itself, accomplish its short- and long-term objectives, and expand over time. "The course that an organization takes to achieve future commercial success." A company's strategy outlines how it will use its resources, including its people's talents and knowledge, as well as its financial and material assets, to accomplish its mission or ultimate goals.
To learn more on strategy from the given link:
https://brainly.com/question/24462624
#SPJ4
Manilow Corporation operates in an industry that has a high rate of bad debts. Before any year-end adjustments, the balance in Manilow's Accounts Receivable account was $555,000 and Allowance for Doubtful Accounts had a credit balance of $40,000. The year-end balance reported in the balance sheet for Allowance for Doubtful Accounts will be based on the aging schedule shown below. a.What is the appropriate balance for Allowance for Doubtful Accounts at year-end? b.Show how accounts receivable would be c.What is the dollar effect of the year-end bad debt adjustment on the before-tax income? Dollar effect of the year-end bad debt adjustment (increase or decrease)presented on the balance sheet.
a. Total allowance for doubtful accounts: $60,000. b. Net accounts receivables: $495,000. c. Dollar effect: $20,000. The allowance for doubtful accounts is a contra-asset account that is adjusted against the corporate entity's gross receivables. It is calculated as a guessed percentage of the total amount of credit sales or receivables.
Because it lowers the value of an asset. in this case, the accounts receivable. The allowance for dubious accounts is referred to as a "contra asset." The allowance, also known as a bad debt reserve, is management's projection of the amount of accounts receivable that customers will not pay. By crediting the allowance for doubtful accounts and debiting the bad debt expenditure, make the journal entry. Debit allowance for doubtful accounts and credit the corresponding receivables account when you decide to write off an account. Calculating how many of the 100 clients will not pay their whole debt is the goal of the provision for dubious accounts. The business will credit an allowance for doubtful accounts and debit a bad debt expense rather than waiting to see exactly how payments turn out.
Learn more about doubtful accounts here
https://brainly.com/question/26498002
#SPJ4
If we impose trade restrictions to protect the owners of scarce factors of production, the economy as a whole would Blank 1Blank 1 expand , Incorrect Unavailable (shrink/expand).
If we impose change restrictions to guard the proprietors of scarce factors of production, the financial system as an entire will shrink.
In advertising, a product is an item, system, or provider made available for consumer use in line with patron call for; it's miles anything that can be furnished to a market to fulfill the selection or need of a customer.
A product is an item furnished on the market. A product may be a provider or an item. it may be bodily or digital or cyber shape. each product is made at a cost and each is offered at a charge. The price that may be charged depends to be had on the market, the fine, the advertising, and the segment this is focused.
There are four styles of products and each is classed based totally totally on consumer behavior, charge, and product characteristics: comfort items, buying objects, place of information products, and unsought items
Learn more about the product here:-https://brainly.com/question/25922327
#SPJ4
