Answer:
the answer is $12,990 - $11500
which is $1,490
ANSWER=$1,490.
Donner Company is selling a piece of land adjacent to its business premises. An appraisal reported the market value of the land to be $87,761. The Focus Company initially offered to buy the land for $109,184. The companies settled on a purchase price of $212,000. On the same day, another piece of land on the same block sold for $104,662. Under the cost principle, at what amount should the land be recorded in the accounting records of Focus Company
Answer:
Explanation:212,000
D
five diversity issues that affect Cambridge Food
Answer:
Race
Gender
Language
Inequality
Beliefs
Explanation:
Race: the business should not discriminate employees because of their race/skin color
Gender: equality between all genders in the workplace
Language: train and communicate with all employees with language applicable to all employees
Inequality: treat all employees equally and equal opportunities to all despite their backgrounds
Beliefs: avoid discriminating and disrespecting other people's beliefs
Which of the following time series would be an excellent candidate if you were looking to show a trend in the data?
a) total solar power generated at a certain site each month over a span of years
b) total solar power generated at a certain site each year over a span of several years
c) total solar power generated each noon minute over the course of an hour, as a sequence of storm clouds pass overhead
d) total solar power generated at a certain site each day, january-july
Specter Company combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount reported on the year-end balance sheet for cash and cash equivalents.
$23,000 cash deposit in checking account.
$60,000 bond investment due in 20 years.
$15,000 U.S. Treasury bill due in 1 month.
$1,200, 3-year loan to an employee.
$5,000 of currency and coins.
$1,500 of accounts receivable.
a. Checking account:
b. Bond investment:
c. U.S. Treasury bill:
d. Loan to an employee:
e. Currency and coins:
f. Accounts receivable:
g. Cash and cash equivalents:
E3.11 (L04) (Prepare Financial Statements) The adjusted trial balance of Anderson Cooper Co.
as of December 31, 2020, contains the following
Cc.
Anderson Cooper Co.
Adjusted Trial Balance
December 31, 2020
Dr.
Cash
$19,472
Accounts Receivable
6,920
Prepaid Rent
2.280
Equipment
18,050
Accumulated Depreciation ---Equipment
Notes Payable
Accounts Payable
Common Stock
Retained Earnings
Dividends
3,000
Service Revenue
Salaries and Wages Expense
6,840
Rent Expense
2,260
Depreciation Expense
145
Interest Expense
83
Interest Payable
$59,050
$ 4,895
5,700
5,472
20,000
11,310
11,590
83
$59,050
Instructions
a. Prepare an income statement.
b. Prepare a retained earnings statement
c. Prepare a classified balance sheet.
na Pinancial Statements
Santa Teclan was founded by Thomas Grant in
11
12:31 PM
16721
5.0
x
Company Anderson
income statementfor
yr end dec 31, 2020
Revenue $ 11,590.00
Expenses $ (6,840.00)
$ (2,260.00)
$ (145.00)
$ (83.00)
Net income/loss $ 2,262.00
g Firm ABC has assets of $80, sales of $75, and COGS of $40. Current assets totaling $50 consist of cash, accounts receivable and inventory. Current liabilities are $60. Cash is $20 and accounts receivable is $10. In a common size balance sheet, inventory (stated as a percent) would be equal to:
Answer:
it would be 70
Explanation:
In a common size balance sheet, on the basis of given information the inventory (stated as a percent) would be equal to 25.
What is a balance sheet?A balance sheet is a financial statement that shows a company's assets, liabilities, and shareholder equity at a given point in time. Balance sheets serve as the foundation for calculating investor rates of return and assessing a company's capital structure.
In a nutshell, a balance sheet is a financial statement that shows what a company owns and owes, as well as the amount of money invested by shareholders. Balance sheets can be used in conjunction with other important financial statements to perform fundamental analysis or calculate financial ratios.
The balance sheet provides an overview of a company's finances at a given point in time. It cannot provide a sense of trends over a longer time period on its own. As a result, the balance sheet should be compared to previous periods' balance sheets.
Investors can assess a company's financial health by employing a variety of ratios derived from its balance sheet, such as the debt-to-equity ratio and the acid-test ratio, among many others. The income statement and statement of cash flows, as well as any notes or addenda in an earnings report that may refer back to the balance sheet, provide valuable context for assessing a company's finances.
What is an inventory?Inventory is the accounting of items, component parts, and raw materials that a business uses or sells. You practice inventory management as a business leader to ensure that you have enough stock on hand and to identify when there is a shortage.
The act of counting or listing items is referred to as "inventory." Inventory is a current asset in accounting and refers to all stock in various stages of production. Both retailers and manufacturers can continue to sell or build items if they keep stock. For most businesses, inventory is a major asset on the balance sheet; however, too much inventory can become a practical liability.
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a car travels at a speed of 30mph.How far does the car travel in 2 hours
Can someone give me answer and explain?
Answer:
I think that B is the correct answer.......
Which of the following items are properly classified as part of factory overhead for Ford Motor Company (F), a maker of heavy automobiles and trucks?
a. Plant manager’s salary at Buffalo, New York, stamping plant, which manufactures auto and truck subassemblies
b. Depreciation on Flat Rock, Michigan, assembly plant
c. Dividends paid to shareholders
d. Machine lubricant used to maintain the assembly line at the Louisville, Kentucky, assembly plant
The items that are classified as part of the factory overhead are plant manager salary, depreciation, and machine lubricant.
The following information related to the factory overhead is
It is known as the manufacturing overhead.It is the overall cost that includes operating all the production facilities that can't be traced.It is used for indirect labor & indirect cost.Therefore The items that are classified as part of the factory overhead are plant manager salary, depreciation, and machine lubricant.
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1.6. Explain strategies that can be used to ensure development.
Answer:
A good strategy takes advantage of current resources and assets, such as people's willingness to act or a tradition of self-help and community pride. It also embraces new opportunities such as an emerging public concern for neighborhood safety or parallel economic development efforts in the business community.
Explanation:
Development means any process which creates growth, progress and positive change to the physical, economic, environmental structure or components.
The needs for development in a nation for example are:
To ensure creation of job Business retention and expansionIncreased tax revenue.To Improved quality of life.Some strategies used to ensure development are
Serious engagement with stakeholders.Setting goals and commitments.Establishment of systems and processes.Effectively track progress.Learn more about development here
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Barbara is a producer in a monopoly industry. Her demand curve, total revenue curve, marginal revenue curve and total cost curve are given as follows:
Q = 160 - 4P
TR = 40Q - 0.25 img
MR = 40 - 0.5Q
TC = 4Q
MC = 4
How much output will Barbara produce?
a. 0
b. 22
c. 56
d. 72
e. none of the above
7. Assuming you have a TCF Free Student Checking Account, how many maximum overdraft fees can
you incur in one day?
Answer:
5
Explanation:
what is the language y business
Answer:
Can you put that question in another way then maybe i can help you find your answer.
When the market breaks through the moving average line from below, a technical analyst would probably suggest that it is a good time to ___________.
plz help what is the difference between deposite and installment in paragraph
Answer:
deposit refers to the savings deposit method where the customer specifies the savings term when opening an account and deposits the principal in installments, and will withdraw the principal and interest in lump sum at maturity. installment is the act of installing; installation or installment can be a portion of a debt, or sum of money, which is divided into portions that are made payable at different times payment by installment is payment by parts at different times, the amounts and times (often equal namely regular, eg mensual)
Explanation:
QUESTION 7
Which of the following in NOT a key element of a successful business?
Good products
Customers who want the goods and services
A manager with a business degree
O Willingness to take risk
OIICOTINIO
Answer:
manager with a business degree
Stockholders, employees, and environmentalists are examples of various business stakeholders whose needs
A. are the same.
B. center purely on profit.
C. often conflict.
D. are rarely addressed.
Answer:
C
Explanation: Stockholders, employees, and environmentalists interest tend to conflict. A stockholder wants the value of the company to raise, while the environmentalist might demand the company spend more money on the community.
The quality of an economic model can be measured by how well it reflects reality and whether it gives us insights that can be used in the real world.
A. True
B. False
On April 1 of the current year, Morgan Jones established a business to manage rental property. She completed the following transactions during April: Opened a business bank account with a deposit of $60,000 in exchange for common stock. Purchased office supplies on account, $1,800. Received cash from fees earned for managing rental property, $22,300. Paid rent on office and equipment for the month, $7,000. Paid creditors on account, $1,100. Billed customers for fees earned for managing rental property, $3,600. Paid automobile expenses for month, $750, and miscellaneous expenses, $1,000. Paid office salaries, $4,000. Determined that the cost of supplies on hand was $250; therefore, the cost of supplies used was $1,550. Paid dividends, $5,000. Required:
A company's economic and non-economic transactions are recorded
in the company's accounting journal from which the debit and credit
balances of the company can be found
Please find attached the table showing the transaction descriptions, transaction effect and the balance after each transaction
The reason why the values in the table are correct is as follows;
Part of the question: The concluding parts of the question as obtained online is as follows;
a) Indicate the transaction and balance of each transaction
The transaction descriptions, effects and balances are as follows:
Cash: The money available as cash = 60,000 + 22,300 - 7,000 - 1,100 - 1,750 - 4,000 - 5,000 = 63,450Account Receivables: The amount due to the company not yet received = Bill to customers for managing rental property = $3,600Supplies: Amount of supplies on hand = $1,800 - $1,550 = $250Account payable: The amount to be paid for supplied goods and services = $1,800 - $1,100 = $700Common stock: The security held as the company owner(s) = Money with which the bank account was opened = $60,000Dividends: The amount paid as dividends = $5,000Fees Earned: The amount earned as fees = $22,300 + $3,600 = $25,900Rent Expense: Amount paid as rent = $7,000Salary Expense: The amount paid as salary = $4,000Supplies Expense: The cost of supplies = $1,550Automobile Expense: The amount used for automobile = $750Miscellaneous Expense: Miscellaneous expenses for goods and services = $1,000Please find attached the completed table created with MS Excel
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100POINTS TO HELPP ME PLEASEEEE ASAP
Answer:
Thank you for the point's!!
1. Family A’s income is more than twice that of Family B, yet Family B has more equity, or positive value, on the things that they own. How do you account for the difference?
The difference can be account as:Family A has higher debt while Family B has Lesser debt
Equity is the state of possessing an assets after
paying off the Liabilities, which is why Equity is calculated as:
Equity= Total assets - Total Liabilities
In this scenario the difference can be account as:Family A has higher debt while Family B has Lesser debt which is why despite the fact that Family A income is higher than that of Family B , Family B still possesses more Assets than that of Family A due to their lesser debt.
Inconclusion The difference can be account as:Family A has higher debt while Family B has Lesser debt.
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xu hướng marketing của Việt Nam
Answer:
xu hướng của những năm nào vậy bạn?
Clients who have their hair colored usually visit the salon every:
O 3 to 12 weeks
O 15 to 20 weeks
O 10 to 20 days
O 5 to 10 days
Answer:
3/12 weeks but it really depends on you hair
Clients who have their hair colored usually visit the salon every 3 to 12 weeks. Thus the correct answer is A.
What is a salon?A salon is referred to as personal care treatment related to hair, face, and other parts of the body to help them in grooming and maintaining the features of one's personality.
There hair stylists and beauticians help you with a makeover by changing the regular looks with help of makeup and different hairstylist. Clients who have their hair colored usually visit the salon every 3 to 12 weeks.
When a person colored their hair it requires proper care and nutritious treatment to maintain the texture of the hair. Taking hair care treatment and regular spa will be helpful.
Visiting regularly for a given duration will be helpful as it helps to know the conditions of the hair after treatment and allows for new coloring if the old one got fade up.
Therefore, option A 3 to 12 weeks is appropriate.
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Which of the following is the best example of an implicit cost?
A. The price of a movie ticket.
B. The homework you could have completed instead of going to see a movie
C. The cost of fuel to drive to the movie theater
D.The cost of popcorn and a drink.
The best example of an implicit cost is the homework you could have completed instead of going to see a movie. Thus the correct option is B.
What is Implicit Cost?A cost that is unrecorded for the income statements but still exists without a financial transaction is known as an implicit cost. While implicit costs do not imply a loss in profit, they do represent an income loss.
In the given options only option B does not record transactions as it says "The homework you could have completed instead of going to see a movie". This represents a loss that homework is incomplete due to going to a movie.
A company's overall economic success can be significantly influenced by implicit cost. Implicit cost not only takes into account underutilized resources but also the loss a company may suffer.
Therefore, option B is appropriate to answer.
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1. What are the advantages of learning in a group
Peer learning
In group work, students will learn from their fellow students. Sometimes peers will be able to explain concepts or ideas to their fellow students better than a lecturer or teacher.
Improves critical thinking
During the group work process students will be expressing their opinions or ideas with the other students in the group providing feedback. This feedback to each student will include critique as well as the interpretation of the opinions or ideas expressed. The final piece of group work will be based on the total opinions and ideas discussed.
Enhances problem solving
Each piece of group work provided for collaborative learning will require some problem solving. Every member in the group will need to help solve the problem in order to complete the task.
Improves communication skills
Working in groups to learn will encourage people to improve their communication skills. They will need to learn how to communicate their opinions or ideas, how to listen to other people’s opinions or ideas and provide feedback.
Improves cultural awareness
People from different backgrounds and cultures may have different ways to learn as well as different opinions or ideas than other people in the group. By working in groups, these differences will be highlighted and will improve people’s awareness.
Walmart carries groceries, electronics, and toys among other products for multiple segments. What is Walmart's segmentation strategy
A wedding party hired a sole proprietorship to cater their wedding. In this situation, the sole proprietorship is a partnership, and the employee who handled the job is a partner. f the malicious partner intentionally trips the bride when she is walking down the aisle, the partnership is still liable.
True
False
How can the government improve geographical mobility ?
The chart of accounts is a
Answer:
list of financial accounts set up for an organization and available for recording transactions in the organization's general ledger.
Explanation:
HELP ASAP
WILL GIVE BRAINLIST
There are currently more high-paying jobs in the service
sector than in the goods-producing sector.
true or false
Answer:
True....
Explanation:
