The correct answer is Choice B.
When a business makes a sale and expects to be paid in the near future it should be recorded as an Account Receivable. In this case the company will have a debit entry to Accounts Receivable and a credit entry to Service Revenue.
The correct way to record Clean123 Inc.'s invoicing of cleaning services expecting payment later is by debiting Accounts Receivable and crediting Service Revenue. This aligns with accrual accounting principles, where revenue is recognized when earned, regardless of when payment is received.So,option B is correct.
When Clean123 Inc. performs cleaning services and invoices customers, expecting payment later, the correct way to record this transaction on March 1 would be by an entry in the accounts receivable and service revenue. Therefore, the correct answer is: B: Accounts Receivable 5,000 Service Revenue 5,000. This is in accordance with accrual basis accounting, where revenue is recorded when earned, not when the cash is received.
For example, if a company like Treehouse delivers a service and is paid in cash, the journal entry would be a debit to cash and a credit to service revenue. On the other hand, if Treehouse has yet to receive the cash but has performed the service, it would debit accounts receivable and credit service revenue, anticipating that the cash will be received in the future.
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Who is a winner in unanticipated increase in real interest rates?
A) A retiree that is on a fixed pension.
B) A borrower that is loaned a 30 year fixed mortgage.
C) A retiree with an annual Cost of Living Adjustment.
D) A borrower that is loaned a 30 year variable mortgage.
the answer is b:) because high interest rates mean increased cost for all the others since it is not a fixed cost for them
Answer:
Letter B. A borrower that is loaned a 30 year fixed mortgage.
Explanation:
When receiving a fixed mortgage loan, the borrower is not reaching for the interest rate increase, ie the increase does not reach it. In this way, you benefit from the decision to raise interest rates, which is not the case, for example, with a borrower with a variable mortgage loan, where his debt will fluctuate with the interest rate.
What are two features of a bond?
Pays a coupon rate
Represent ownership in a company
Is perpetual
Can be flipped for profit
Has a maturity date
Answer:
02 feature are:
1: Pays a coupon rate
2: Has a maturity date
Explanation:
A bond is a form of debt.
It has a coupon rate at which interest is paid by bond issuers. It is paid by the issuer till the date on which the bond has to be matured and then principal will also be paid.
Plus, a bond has a maturity date as well. This date means that the debt's principal amount will have to paid at that date. And, interest payments will also be stopped after the principal is paid.
Two features of a bond are: Pays a coupon rate and has a maturity date. The correct option is A and E.
A bond is a debt made by an investor to a borrower, such as a corporation or the government. The borrower uses the funds to fund company activities, while the investor earns interest on his or her investment. A bond's market value might fluctuate over time.
The coupon rate is the certain fixed percentage of the bond's face value that the bondholder gets as an interest. Bonds have a predetermined maturity date, and on which the bond's principal (the initial amount borrowed) is repaid to the bondholder.
Thus, the ideal selection is option A and E.
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The complete question might be:
What are two features of a bond?
A Pays a coupon rate
B Represent ownership in a company
C Is perpetual
D Can be flipped for profit
E Has a maturity date
Please help me
Which is an example of a fiscal policy?
A.Limiting the number of foreign cars that can be sold in the US
B. Deploying troops to help citizens cope with a natural disaster
C. Decreasing the interest rates on loans charged to car companies
D.going into debt to buy a large number of vehicles for the military
D.going into debt to buy a large number of vehicles for the military. Fiscal policy centers around tax rates and government spending.
D.going into debt to buy a large number of vehicles for the military.
Explanation:
How long does a dollar bill typically last?
A. 2 years in circulation
B. 1 year in circulation
C. 6 months in circulation
D. 3 years in circulation
A dollar bill typically last 3 years in circulation. The correct option is d.
A dollar bill typically circulates for three years on average. However, depending on a number of variables, a dollar bill's lifespan can change. The lifespan of currency has increased due to advancements in the material's durability over time. The longevity of a bill can be affected by variables like usage frequency, handling circumstances and location.
Bills that are used frequently such as those in busy commercial areas, may deteriorate more quickly than those in less active areas. To preserve the integrity of the monetary system and guarantee that bills remain in usable condition, the Federal Reserve constantly monitors the condition of currency in circulation and replaces worn-out bills.
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If you start investing a little money now you will most likely have a lot more money than those who start investing later on in life. T/f
I would say that that statement is true.
The D in the goal-setting assessment method DRIVE means which of the following?
The D in the DRIVE method stands for direction.
Direction - set a clear purpose
Reason -what is your motivation
Ingredients - what are the steps/components of your goal
Vehicles - habits and tactics that will help you achieve goal
Evaluation - track your progress
The 'D' in the goal-setting assessment method DRIVE stands for 'Define'. It refers to the step where you clearly state what you want to achieve. This is the initial step in the DRIVE process
In the goal-setting assessment method known as DRIVE, the 'D' stands for Define. This process is about clearly defining what you want to achieve. The entire DRIVE acronym stands for Define, Review, Identify, Verify, and Execute. It's a system used to set objectives, review options, identify resources, verify approach, and finally execute the plan. So, in this context, 'D' prompts the individual or the team to clearly outline their goals as the first step in goal-setting.
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according to Harvard psychologist Howard gardner, people can be intelligent in at least how many ways
There are 8 different types of intelligence. : Verbal/Linguistic, Logical/Mathematical, Visual/Spatial, Bodily/Kinesthetic, Musical, Intrapersonal, Interpersonal and Naturalist.
According to the Harvard Psychologist Howard Gardner, people can be intelligent in at least eight ways, which are explained below.
Explanation:
According to Multiple Intelligence Theory, the human intelligence is differentiated into specific modalities. This theory specifies that human intelligence is not something that is measured on the basis of single general ability.
According to this theory, not everyone is a book smart. The intelligence of people cannot be only measured on the basis of how well they are in the literature of any subject or topic, rather the intelligence of people can be measured on the basis of either of the following categories:
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Which is not a good financial decision? A. building a savings account and taking out fewer and smaller loans in the future
B. making monthly payments on a loan on time
C.paying off a loan as soon as possible
D. frequently spending more money than is earned
The correct answer is Choice D.
Frequently spending more money than you earn is not a good financial decision. While choices A - C are good habits to have, choice D is not. By spending more money than you earn, you will not be able to save any money, and will probably be spending a lot of money on interest for credit cards and loans.
The value of ending inventory rounded to nearest dollar using average cost
what term refers to selling goods in a foreign market at a price that is far below the cost of production? A. profiteering B. screening C. offloading D. dumping
Dumping is the ILLEGAL selling goods in a foreign market at a price that is far below the cost of production
Answer:
d
Explanation:
The actual monthly payment for a 36 month loan is _______________.
The principal balance plus interest and any applicable fees.
As no available data is given for calculation, we use a hypothetical situation.
Mr A loans $30000 from a company with a flat interest of $6000 (including fees and taxes) for a period of 36 months.
The actual monthly payment for his loan will be:
(Principal+Interest)/number of months
I.e. Total Repayable Amount= $30000+6000=$36000
Monthly Payment for 36 months = $36000/36 = $1000
In cases where the interest is in rates, an approximate formula will be used depending on continuous or discrete compounding.
As a company uses supplies, and adjustment should be made to decrease an expense account and increase an asset account true or false
False.
Supplies goes down. Supplies should be an asset. What goes up? Nothing yet. Something will when a transaction takes place.
which people within a corporation and hire manage the heads of departments. A. workers B. the presidents C. the vice presidents D.shareholders
B is the correct answer.
It’s been a year since Roland started a small retail business. His only supplier went bankrupt after a few months. Roland’s business thus ran into large-scale losses. How should Roland face his business failure?
A.
He should give up entrepreneurship and come up with a new mission for his life.
B.
He should hold on to his entrepreneurial vision and learn from his past mistakes.
C.
He should change his line of business.
D.
He should try to achieve relatively less challenging business objectives.
Answer:
it's B i took the test on Pluto
Explanation:
Roland should hold on to his entrepreneurial vision and learn from his past mistakes.
Explanation:The best approach for Roland to handle his business failure is option B. He should hold on to his entrepreneurial vision and learn from his past mistakes.
Roland should reflect on the reasons why his business failed and identify the mistakes he made. This will help him gain valuable insights and prevent similar mistakes in the future.He should seek advice and guidance from experienced entrepreneurs or business mentors who can provide valuable insights and strategies to overcome the challenges he is facing.Roland should also consider exploring alternative suppliers to ensure a steady flow of inventory and minimize the risk of relying solely on one supplier.Learn more about Business Failure here:https://brainly.com/question/34671174
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According to the video what are the purpose of the Dodd Frank Act Check all that apply?
1)To protect banks from abusive financial practices
2)To improve accountability for banks
3)To end bailouts
4)To protect consumer from abusive financial practices
5)To allow for greater banking profits
Answer:
2
3
4
These are correct.
The correct options are 1, 2 and 3. The purposes of the Dodd-Frank Act are to protect consumers from abusive financial practices, improve accountability for banks, and end bailouts.
The purposes of the Dodd-Frank Act are as follows:
To protect consumers from abusive financial practicesTo improve accountability for banksTo end bailoutsThe Dodd-Frank Wall Street Reform and Consumer Protection Act was enacted to promote the financial stability of the United States by improving the accountability and transparency in the financial system, ending 'too big to fail' practices, and protecting consumers from abusive financial services practices.
Which kind of graph is shown here?
A.
demand graph
B.
product graph
C.
supply graph
Answer:
Explanation:
This is a demand graph. You can tell because at the price decreases, the amount demanded increases. Consumers usually want to purchase more goods when the price is less.
The graph shown here is the demand graph.
Demand graphA supply graph would show the amount increasing with price, as people would want to sell better as they could trade something for higher. The demand graph exhibits the amount decreasing with price, as people naturally want better of something as its price decreases. Therefore, the correct answer is option A. demand graph.
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Which of these points on the graph represents the equilibrium price?
A.
A
B.
B
C.
C
Answer:
A ( A )
Explanation:
point A on the graph represents the equilibrium price on the graph because at point A supply was equal to demand ( crossed each other).
Equilibrium price is the price at which the supply of a particular good/service is equal to the demand of such good/service in the open market. equilibrium price is sometimes seen as a fair price for bought buyers and sellers of the good/service in the market.
Equilibrium price is an ideal situation in Business and it is often very impossible to attain in most goods and services .
Answer:
A
Explanation:
plato
Good wireless and better wireless merged to form best wireless the federal government watches this merger carefully for evidence of a?
A.Horizontal Merger
B.Conglomerate
C.Monopoly
D.Vertical Merger
C. Monopoly
If one company controls too much of the market and can start to set prices and manipulate other factors then the government would likely rule that the merger was illegal.
Good wireless and better wireless merged together to form the best wireless. The federal Government watches this merger carefully for evidence of a Option A, Horizontal Merger.
Horizontal merger is a merger of two companies operating in the same industry. So when two same companies merge together to form a better company, they are expanding in the same industry, so they are observing the horizontal merger. Both companies are in the same industry, and are being merged to form a big company, this is a true example of horizontal merger.
Select the correct answer. What is the consumer's ability and desire to buy goods and services called? A. supply B. demand C. equilibrium
The correct answer is B, Demand.
Demand is the consumers' ability and desire to buy good and services.
Demand is the consumer's willingness to buy good or service by paying money for that. When people want to buy something by paying for it, it means they are demanding that product or service.
It is the basic concept in economics that when demand for a product or service increases, the price of that products also increases. Similarly, when demand of a product or service decreases, the price of that product or service also decreases.
Answer:
The correct answer is B Demand
Explanation:
__________ are rules or orders carrying the force of law that are issued by an official government agency. Ethics Regulations Customs
Answer:
11 orders I think cause God knows!!
estimating your expenses means
Estimating your expenses means checking of the money you have spent on buying goods or services over a period of time.
On individual basis, a person can estimate his monthly expenses by writing down about where he spent his money. He can spend money on many things like house rent, electricity bill, phone bill, credit card bill, grocery, tuition fee, and on many other things. These are called the expenses he has made over a month.
Similarly companies also keep record of their expenses. There expenses are big and different as compared to individual household expenses. So all such things are estimating the expenses.
The Federal Reserve System controls the size of the A) tax supply. B) money supply. C) demand supply. D) production supply.
The correct answer is choice b.
The Federal Reserve System is the central banking system of the United States. Known as the “Fed,” it was established in 1913 with three primary purposes. They are maximizing employment, stabilizing prices, and moderating long-term interest rates.
Answer:
B) money supply is the correct answer.
Explanation:
The Federal Reserve System controls the size of the money supply.
The Federal Reserve is the United States central bank that regulates inflation by maintaining credit and controls the money supply.
The Federal Reserve System as formed by congress on 23rd December in the year 1913 wants the central regulator of the financial system to alleviate monetary crises and to provide the nation safer and stable monetary system.
What is the cost of an advertising campaign divided by the number of people reached?
This is known as cost per reach and helps factor into the cost of obtaining new customers.
Because of the unlimited liability of all partners, a general partnership most
closely resembles which other business type?
A. Board of directors
B. Public corporation
C. Limited partnership
*D. Sole proprietorship
Answer:
D. Sole proprietorship
Explanation:
A Sole proprietorship is also referred to as the sole trader. It is the simplest form of business ownership. The business is owned and managed by one person.
Legally, the sole proprietorship is not an independent entity. It means that the business owner is fully liable to the debts and obligations of the business.
A general partnership closely resembles a sole proprietorship as both carry unlimited liability where all partners or the owner are fully liable for all business debts and liabilities.
Explanation:A general partnership most resembles a sole proprietorship in terms of unlimited liability. Both business types involve unlimited liability, which means that all partners or the proprietor themselves are fully responsible for all debts and liabilities of the business. For instance, in a general partnership, all the partners bear the business debts and if the business can't pay its liabilities, the partners’ personal assets could be used to pay off those debts. Similarly, in a sole proprietorship, the business owner holds all liabilities and debts of the business, which can potentially risk his/her personal assets as well.
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word feature that is used to change the amount of blank space between lines of text
The answer is Line Spacing.
The line spacing feature is used to change the amount of blank space between the lines of text.
at the end of the year, the walt disney company has a profit of $920 million. this profit belongs to which of the following group?
In a publicly traded company, the profits belong to the shareholders.
Final answer:
The Walt Disney Company's end-of-year profit of $920 million primarily belongs to the shareholders of the company. These profits can be allocated in various ways, including dividends, reinvestment, or debt payment, as decided by the company's board of directors.
Explanation:
At the end of the year, when a company like The Walt Disney Company reports a profit of $920 million, that profit primarily belongs to the shareholders of the company. Shareholders are essentially the owners of the company, as they hold shares of the company's stock, making them partial owners. Profits made by the company can be used in several ways, including reinvested back into the company for growth, used to pay off debt, or distributed among shareholders in the form of dividends. This distribution and management of profits are decided by the company's board of directors, who are elected by the shareholders.
It’s important to understand that large conglomerates like Disney operate in various segments, including theme parks, studios, television networks, and more. The profits from these diverse operations contribute to the overall profitability of the company, which in turn affects the company's stock price. The decision on how to allocate these profits, including paying dividends or reinvesting in the company, can significantly impact the shareholders' value and the company's long-term strategy. Therefore, the profit belongs to the shareholders who have invested in the company hoping for financial return either through appreciation in stock price, dividends, or both.
In the U.S., cash takes which two forms?
)
DOLLARS AND COINS COINS: penny , dime , nickel , and quarter Dollars; one dollar , uncommon 2 dollar bill , five dollar bill , ten dollar bill , twenty dollar bill , fifty dollar bill and one hundred dollar bill
How would you explain sales of a particular menu item dropping off to nothing this month when sales for that item were at the highest they have ever been last month?
Answer
Hi,
Poor marketing and sales alignment
Explanation
Reasoning as a sales manager, if there are challenges between the sales team and the marketing team such as poor information sharing, lack of collaboration or teams not getting along, sales of an item will be affected. Changes in the marketing team or the strategy used for marketing can affect the number of users reached during marketing. In addition, if marketers provide inadequate leads to the sale team, such problems may arise.
All the Best!
Explanation:
The reason behind the dropping off of sales in the current month as compared to the sales of last month when they were at their highest, could be that the product has reached its maturity phase and now it is the decline phase for the product. In a product life cycle, there are different phases like Introduction, growth, maturity and then decline. In this scenario, the product might have achieved its maturity and now the market for this product has become saturated and there was no room remained for the sales, then the sales might drop off drastically.
Riley, a Sterling Bank employee, deposits into his account checks that are given to him by bank customers to deposit into their accounts. This is
Answer:
The answer is embezzlement.
Explanation:
Embezzlement is defined as a misuse of funds by individual which were entrusted to her of him by another individual or group. The individual will use this funds for his or her own interest, without informing the owner of the funds. It is a form of financial crime and a form of thievery also.
Why is it generally a bad idea to put a lot of money into improvements for a home you are renting?
Improvents in a rental property often won't increase rents. Also improvements could be damaged if the property continoues as rental which means the updates lose value.
Final answer:
Putting significant money into improvements on a rental property is generally inadvisable because those investments do not yield a financial return for renters and the improvements add value to a property they do not own.
Explanation:
It is generally a bad idea to put a lot of money into improvements for a home you are renting because these investments are not recoverable and can be seen as a loss in terms of opportunity cost. Moreover, as a renter, you do not gain any long-term financial benefit from such improvements, as the property remains under the ownership of the landlord and any increase in property value benefits them exclusively. It is also important to recognize that investing in a rental does not provide the same security as investing in a property that you own, since the landlord may choose to use the property for other purposes, such as converting it to a co-op or condo, or they may not maintain the property to the standard you have invested in.
The first rule of economics that you do not get something for nothing applies here, suggesting that if you are renting with a price ceiling, you could end up with lower quality housing due to the landlord's reduced incentive to invest in upkeep and essentials like heating, cooling, hot water, and lighting. The money spent on improvements could have been allocated to more beneficial prospects, including saving for a down payment on a home that you can own and directly benefit from.