It generated interest on its notes receivable which will be collected in a later accounting period.
What are debit interest receivables?The entry is a debit to the cash account and a credit to the interest receivable account when the actual interest payment is received, which eliminates the balance in the interest receivable account.What is the accounting period?In bookkeeping, the time frame for which management accounts and financial statements are created is known as an accounting period. The accounting period in management accounting varies greatly and is chosen by management. Accounting periods are frequently monthly.The honored note is recorded by debiting cash for the amount paid by the customer, crediting notes receivable for the note's principal amount, and crediting interest revenue for the interest generated, presuming no adjustment entries have been made to accumulate interest income.Therefore, a company will debit interest receivable because It generated interest on its notes receivable which will be collected in a later accounting period.
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what is the type of occupation of densist
Answer:
Dentist is an occupation related to dental/tooth disease.
Explanation:
It is an occupation related to dentistry which is in the field of health.
The law of supply indicates that, other things equal, Multiple Choice producers will offer more of a product at high prices than at low prices. the product supply curve is downsloping. producers will offer more of a product at low prices than at high prices. consumers will purchase less of a good at high prices than at low prices.
The law of supply generally asserts that the producers will offer more of a product at high prices than at low prices.
What does law of supply states?The economic law states the higher the price, the higher the quantity demanded; because the sellers get more profit when the price is higher, this encourages the producer to produce at high price.
Therefore, the Option A is correct.
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Question 2 of 10
What is product positioning?
O
A. The set of plans for product, price, place, and promotion that the
marketer will use
O
B. The use of names and symbols to identify the company's products
O C. The process of dividing up a total market into groups (segments)
with similar needs and buying behaviors
OD. A definition of how the company intends for customers to view its
product relative to the competition
Answer:
I think it should be D keep checking just in case
Beau, a fashion design company, organizes an online contest. Participants are asked to design women's apparel to be posted on a social media website where its members can vote and provide feedback. Based on those votes, Beau will announce the winner and offer that individual a job at its firm. In this scenario, Beau is involved in _____. a. crowdsourcing b. tagging c. brandjacking d. blogging
Based on those votes, Beau will announce the winner and offer that individual a job at its firm. In this scenario, Beau is involved in crowdsourcing.
What does Crowdsourcing mean?
Crowdsourcing is the practice of turning to a body of people to obtain needed knowledge, goods or services.
The term crowdsourcing is a combination of crowds and outsourcing and was coined in 2006 by Wired magazine author Jeff Howe in his article "The Rise of Crowdsourcing."
As the term implies, crowdsourcing is when an entity -- whether an individual or an organization -- requests specific resources from a group of people (the crowd). Businesses, individuals and organizations of all kinds have used this process to solicit ideas and raise money as well as consolidate and promote information.
These entities leverage the internet, social media and purpose-built platforms to elicit and receive the knowledge, goods or services they're seeking. This allows them to engage with a broader spectrum of sources than they would if they had used employees, suppliers and other traditional sources of expertise via conventional routes of engagement.
Thus, we can say that the correct option is A.
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Within a ________________________ economy, we often see both producers and consumers responding to the incentive of price changes.
In a market economy, both producers and consumers respond to the incentive of price changes.
What is the economy?
An economy is an area where products and services are produced, distributed, and traded as well as consumed by various agents.
A market economy is an economic system in which all suppliers and consumers are unhindered by price controls or restrictions on contract freedom and where decisions regarding investment, production, and distribution to consumers are guided by the price signals created by the forces of supply and demand.
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Ryan and Carly are planning to enter into a limited partnership in which neither the general partners nor the limited partners have personal liability for the debts and obligations of the partnership. They agree that debts of the partnership are solely the responsibility of the partnership, not of the general or the limited partners. According to their agreement, Ryan and Carly are forming a ________.
According to their agreement, Ryan and Carly are forming a Limited Liability Partnership.
What is a limited liability partnership?A limited liability partnership is a business structure that allows partners' liabilities to be limited to the amount they agreed to contribute to the partnership.
The purposes of establishing a partnership are:
Spreading the riskLeveraging individual skills and expertiseEstablishing a division of labor.Thus, according to their agreement, Ryan and Carly are forming a Limited Liability Partnership.
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A(n) __________ is one that appears to be an agreement but lacks an essential requirement for validity and enforceability. Multiple Choice executed contract valid contract enforceable contract void contract voidable contract
A document that purports to be an agreement but does not include all necessary terms is known as a void contract. Therefore, choice 3 is right.
What do you mean by a contract?A contract is defined as a commitment to do something between two or more parties. A loan arrangement between automobile purchasers and sellers is an illustration of a contract.
An arrangement between two persons to get married is an example of a contract.
A formal contract that is effectively void and unenforceable from the moment it is created is known as a void contract.
Hence, the correct option is Void contract to be filled in given blank
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31. If a company initially records the purchase of supplies to the supplies expende account, the mount of the adjusting entry made at the end of an accounting period will be equal to
We can actually deduce here that the amount of the adjusting entry that was made at the end of an accounting period will be equal to the supplies on hand at the end of the period.
What is accounting period?An accounting period is actually known to be the period of time that a particular accounting function is covered. It can be a fiscal year, quarterly, monthly or even weekly.
We see here that the amount of the adjusting entry that was made at the end of an accounting period will be equal to the supplies on hand at the end of the period.
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A tech research and development team is struggling through a problem with its software. The team brainstorms and asks questions that lead the group to develop experiments to narrow down understanding of the issues involved. The team follows through on those and discovers the process that led to the glitch. Team members then discuss their options based upon this new understanding. This is an example of what theory of learning
The theory of constructivism learning is depicted by the process followed by the team to discovers the process that led to the glitch.
What is a constructivism learning?This theory of learning suggest that learners should construct knowledge rather than just passively take in information.
Hence, the theory of constructivism learning is depicted by the process followed by the team to discovers the process that led to the glitch.
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The Instant Pot electric pressure cooker was introduced in 2010 and had a slow start, but word of mouth from social media and influential bloggers created an explosive growth in demand for the versatile multi-cooker. Competitors such as Ninja and Crock-Pot pressure cookers have entered the market and prices have begun to stabilize for Instant Pot. What stage in the product life cycle would the Instant Pot be
The stage in the product life cycle of the Instant Pot would be "growth stage".
Stages in product life cycle:There are four stages in the life cycle of a product in the market which are-
Take-off stage or introduction,Growth stage or shake-out stage, Maturity stage and Decline.The characteristics of Growth stage are-
Increasing sales, customers and profit.Greater competition from fellow companies. As rival companies release similar products, the competition is frequently strong during the growth period. The product will move into the growth stage if it maintains its success and continues to satisfy market demands. Price undercutting in the growth stage is typically uncommon because businesses in this stage can boost revenue by luring in new clients.The said product can be confirmed to be in the growth stage because it exhibits higher growth in demand by social media marketing. Also, it shows there was a rise in the rival companies Ninja and Crock-pot pressure cookers.
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A consumer contest is an example of Group of answer choices sales promotion. public relations. personal selling. indirect selling. social media.
In marketing, an example of a Sales promotion is a consumer context.
What is a Sales promotion?This refers to strategy employed by a firm who uses a campaign or offer to increase the consumer;s interest or demand in its product
Because the consumer context involves making relevant offers when the customer is poised to make a purchase, this is an example of Sales promotion.
Therefore, the Option A is correct.
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The consumer contest is SALES PROMOTION.
SALES PROMOTION is a methodical way a company sells its product to target customers.It requires the company to check its customer demands the company also offers a discount to the customer to gain their trust and confidence. It also helps in making long-term relationships with their customer.The correct answer is option A.
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How quickly must you file a report with the michigan dnr if property damage exceeds $2,000?.
Answer: within five days or 10
Explanation:
A gold standard ensures a long-run tendency toward price stability because
A gold standard ensures a long-run tendency toward price stability because the cost of producing an ounce of gold stays relatively constant overtime.
What is a gold standard?A gold standard is the system, abandoned in the Depression of the 1930s, by which the value of a currency was defined in terms of gold, for which the currency could be exchanged.
Therefore, the correct answer is the cost of producing an ounce of gold stays relatively constant overtime.
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Tyler is a developer who renovates a long-abandoned warehouse in a low-income neighborhood into a community center, complete with space for after-school programs, a daycare, and a gym. Tyler is able to complete the renovation with a loan funded by a local bank. Which act requires financial institutions to make credit available for this type of development
The act that tasks financial institutions to provide credit for the development being pursued by Tyler is the Community Reinvestment Act.
What is the Community Reinvestment Act?The Community Reinvestment Act is a federal act that was passed in 1977 to encourage banks and other financial institutions to loan out credit for projects in lower and moderate-income neighborhoods.
Tyler is building the community center in a low-income neighborhood so the loan acquired falls under the Community Reinvestment Act.
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A ________ is a collection of tasks, steps, or activities that are performed, usually in a specific order, and result in an end product, such as a good or service. Select one: a. Six Sigma Project b. process c. Six Sigma Methodology d. goal
Answer:
b
Explanation:
A process is a collection of tasks,steps,or activities that are performed
Economists believe that people's wants are:
Economists believe that the wants of people are infinite.
What is want in economics?
These are the basic needs of people. In the field of economics it is believed that the wants of people are too numerous.
People have so many needs and the resources that are required to fulfill them are limited. This is the concept of scarcity.
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a(n) ______ team is a group of experienced people from different areas of business who join together to form a managerial team with the skills needed to develop, make, and market a new product.
Entrepreneurial team is a group of experienced people from different areas of business who join together to form a managerial team with the skills needed to develop, make, and market a new product.
What is Entrepreneurial team?Entrepreneurial team serves as the team that come together to form a team of managers so that can carry out research to work on a new product.
They are usually from different areas of business with necessary skills for the work.
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Which statement best describes the performance of mutual funds over the last 4 or 5 decades? A. While some mutual fund managers are able to beat the market consistently, the majority of mutual funds underperform the market index at every point in the market cycle as well as in the long-run. B. Some mutual fund managers are able to beat the market consistently, the majority of mutual funds may outperform the market at certain points in the market cycle, but in the long-run the majority of mutual funds underperform the market index. C. Some mutual fund managers are able to beat the market consistently, the majority of mutual funds may outperform the market at certain points in the market cycle, but in the long-run approximately half of all mutual funds underperform the market index. D. No mutual fund managers are able to beat the market consistently, the majority of mutual funds may outperform the market at certain points in the market cycle, but in the long-run the majority of mutual funds underperform the market index.
The correct option is (d).
Choosing the best mutual funds by comparing performance of mutual funds against a benchmark index.Money market funds, bond funds, stock funds, and target date funds are the four primary categories into which most mutual funds fit. Each variety has unique characteristics, dangers, and benefits.The rate of return is subtracted from the risk-free rate of return for the investment, and the result is divided by the return on investment's standard deviation. The Sharpe ratio tells investors if an investment's results are the result of prudent investing decisions or an outcome with excessive risk.Learn more about mutual funds performance brainly.com/question/9000802
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a country's gross domestic product would exceed its gross national product when the ____________.
A country's gross domestic product would exceed its gross national product when the net of income of resident oversees and income earned by foreign residents is negative.
What is GDP and GNP?Gross national product (GNP) is the sum of GDP, income earned by residents from overseas investments less income earned by foreign residents.
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
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the saving component of financial planning focuses on long-term security and includes:
The saving component of financial planning focuses on long-term security and includes a regular savings plan for emergencies.
What is financial planning?Financial planning can be described as the process of evaluating a person's present income and future financial situation using currently available data to forecast future asset values, earnings, and withdrawal schedules.
Long-term financial planing serve as the foundation for the creation of short-term plans and budgets later in the financial planning process.
The saving portion of financial planning emphasizes long-term security and includes a consistent savings plan for emergency expenses.
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The marginal tax rate is equal to the Group of answer choices total amount of a person's tax payment divided by the total amount of the person's taxable income. total amount of a person's tax payment divided by the change in the person's taxable income. change in the person's tax payment divided by the total amount of the person's taxable income. change in the person's tax payment divided by the change in the person's taxable income.
The marginal tax rate is equal to the change in the person's tax payment divided by the change in the person's taxable income.
What is marginal tax rate?The marginal tax rate refers to the extra amount paid as tax for each additional dollar earned as income.
Hence, the marginal tax rate is equal to the change in the person's tax payment divided by the change in the person's taxable income.
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friedman and phelps suggested that there should not be a stable relationship between inflation and unemployment, but there should be a stable relationship between:
Friedman and Phelps suggested that there should not be a stable relationship between inflation and unemployment, but there should be a stable relationship between: unanticipated inflation and cyclical unemployment.
What is inflation?
This is the time in the government or the economy of a nation where they are faced with the rise in the prices of goods and services.
This may cause people to lose their jobs and also cause people to buy less of goods and services.
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When the Federal Reserve calls in a discount loan from a bank, the monetary base ________ and reserves ________.
When the Federal Reserve calls in a discount loan from a bank, the monetary base increases, and reserves increase.
What is the monetary base?
The total quantity of cash in the hands of the general people or in the form of commercial bank deposits kept in the reserves of the central bank constitutes the monetary base. Since it does not include various types of non-currency money that are common in a modern economy, this measure of the money supply is not frequently used.
The monetary base increases as the Federal Reserve generates additional funds to buy bonds from commercial banks, increasing the banks' reserve holdings in the process.
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The elements in a defamation case are: a. defamatory statement; falsity; communication; and injury. b. a contract; knowledge of the contract; improper inducement; injury. c. false or misleading fact statements; statements in commercial advertising; likelihood of harm. d. duty; breach of duty; proximate causation; and damages.
The elements in a defamation case are defamatory statement; falsity; communication and injury. Thus the correct answer is A.
What is defamation?The act of defamation is applied when the public appearance of an individual in terms of reputation, respect, and image got damaged by a third party person.
The element of a defamation case includes-
A statement that spoils the image of an individual.the passing of any false information about an individual to the public.This causes damage to individuals' social presence. When the case is presented in court it is noticed that injury has been made to individuals as they received mental stress and public hatred.Learn more about defamation, here:
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Which of the following affects employers' decisions on how much to pay their workers?
A.Maximizing costs
B.Maximizing profits
C.Minimizing profits
D.Minimizing benefits
Maximizing profits is the factor that affects employers' decisions on how much to pay their workers.
What is profit maximization?Profit maximisation is a process that businesses go through to make sure the best levels of output and prices are realised in order to maximise their returns. The company modifies important variables like sale price, production costs, and output levels in order to achieve its profit objectives.
Profit maximisation is a strategy that can promote effective and long-term business expansion. Using a profit maximisation approach can ensure that increased work results in higher net revenue if you're ready to develop your business.
What are other factors that affects workers pay?Internal and External Determinants of Pay: Factors Affecting Employee Pay
Employment SituationFinancial SituationGovernment Control of Living Expenses Prevailing Wage Level Union InfluenceGlobalizationSector-Across MobilitySupporting answer
Hence option B is correct answer
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When accounting for a long-term construction contract under IFRS, if the percentage-of-completion method is not appropriate, the seller should account for revenue using:
When accounting for a long-term construction contract under IFRS, if the percentage-of-completion method is not appropriate, the seller should account for revenue using "cost recovery method".
What is cost recovery method?According to the "Cost Recovery Rule," any excess cash value (cost basis) over premium payments that results from a partial withdrawal of cash or a policy surrender is taxable income.
Calculation for cost recovery method includes:
the product's operating expenses, such as those for hardware, software, and labour, should all be added up.Analyse whole revenue, regardless of whether a client made a lump-sum payment or several instalments.To calculate the profit, deduct the cost of products from whole sales.To know more about the lump-sum payment, here
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Which best explains why international trade agreements are beneficial for developing economies?.
The scenarios each illustrate a principle of economics. classify each scenario according to the principle that best fits it. you are currently in a labeling module. turn off browse mode or quick nav, tab to items, space or enter to pick up, tab to move, space or enter to drop. on black friday, there are huge sales for electronics at many retail stores. david must decide between buying a camera at one store or a flat screen tv at another store, and buying one means losing out on the ability to purchase the other. an educational software company wants to expand the number of economics questions that it offers and is considering hiring another economist. the company compares how much adding another worker will improve the product to the additional cost. ava finds that there is not enough time after work to have dinner, exercise, and watch tv, and she must make choices about how to use her limited time.
David's decision on the electronics to purchase represents opportunity cost.
The decision to hire another economist is marginal analysis.
Ana's decision on how to use her time involves opportunity cost.
What is opportunity cost?
Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives. When an economic agent chooses one option, he would not be able to choose another option.
What is marginal analysis?Marginal analysis involves comparing the marginal cost or / and the marginal benefit of a decision.
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Valuation of a swap during its life will least likely involve the:
Valuation of a swap during its life will least likely involve in the application of the principle of no arbitrage.
What is Swap?Swap involves two individual that exchanging properties or money. This individual use different tools for the exchange as desired by them.
Arbitrage allows for sale of goods or property at the highest asking price and valuation will most like involve in it.
Therefore, valuation of a swap during its life will least likely involve in the application of the principle of no arbitrage
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Using the aging approach, management estimates that 10% of the $10,000 of Accounts Receivable will be uncollectible. The Allowance for Doubtful Accounts has a $100 unadjusted credit balance. After the bad debt adjusting entry is recorded, Bad Debt Expense on the income statement will be ______ the Allowance for Doubtful Accounts on the balance sheet. Multiple choice question. the same amount as $100 less than $100 more than
Using the aging approach management estimates that 10% of the $10,000 of Accounts Receivable will be uncollectible. The Allowance for Doubtful Accounts has a $100 unadjusted credit balance. After the bad debt adjusting entry is recorded, Bad Debt Expense on the income statement will be the same amount as $10,000 the Allowance for Doubtful Accounts on the balance sheet.
What is Accounts Receivable?Accounts receivable are the funds that customers owe your company for products or services that have been invoiced. The total value of all accounts receivable is listed on the balance sheet as current assets and include invoices that clients owe for items or work performed for them on credit.
How do you record Bad Debt Expense?To record the bad debt expenses, you must debit bad debt expense and a credit allowance for doubtful accounts. With the write-off method, there is no contra asset account to record bad debt expenses. Therefore, the entire balance in accounts receivable will be reported as a current asset on the balance sheet.
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