Answer:
In law, a corporation is regarded as an individual person but this does not give a corporation the the right of religion as it is not a natural person.
A corporation in its internal culture may however promote a religion in a non oppressive and a non intimidating way but cannot force anyone to adhere to a certain religion.
Explanation:
Final answer:
The Supreme Court ruled that closely held for-profit corporations can exercise religious rights under the Religious Freedom Restoration Act of 1993, allowing them to be exempt from ACA's contraceptive mandate due to their owners' religious beliefs.
Explanation:
The Supreme Court has indeed recognized the ability of corporations to exercise religion under certain circumstances. In the landmark case of Burwell v. Hobby Lobby Stores, Inc., the Court held that closely held, for-profit corporations have free exercise rights under the Religious Freedom Restoration Act of 1993. This decision came about because the contraception mandate in the Affordable Care Act (ACA) was found to impose a substantial burden on the exercise of religion by the corporations' owners, who have sincere religious objections to providing certain types of contraception in healthcare plans. The Court determined that there were less restrictive means of achieving the government's goals, such as a Department of Health and Human Services' exemption originally intended for non-profit religious organizations, which they extended to apply to for-profit entities like Hobby Lobby.
Additionally, it's important to note that the decision is specific to the contraceptive mandate and does not necessarily imply that all religious objections to the ACA would be upheld. It highlights that the rights of corporate owners to exercise their religion through their business enterprises can sometimes be protected against government mandates that conflict with their religious beliefs.
All resources are scarce. Society has unlimited wants and limited resources.
Answer:
The statement is true
Explanation:
Scarcity is the basic problem of the economics because the resources are scarce, as we live in the world, where the human wants are unlimited or infinite but the capital, land and the labor are needed to accomplish those wants, which are limited.
In short, it is defined as the fact or reality that there are very limited amount of resources in order to satisfy the unlimited wants of the society.
The conflict among the unlimited wants of the society and the limited resources, states the choices or alternatives need to be made while deciding on how to allocate or distribute the scarce resources to the society.
When buyers and sellers work together to determine the price
Answer:
This is called a free market.
Explanation:
A free market is an economic model where the rules of supply and demand dominate the market with limited interference from the authorities, mostly governments. The buyers and sellers in the economy engage in trade without any restrictions from the government. A free market is often characterized by spontaneous and unsystematic results where the major market players' decisions affect the economy. Although entirely free markets do not exist, research has shown that economies that have found a direct relationship between economic health of a country and free markets.
In a free market, the individual players determine the price as opposed to a market having government control. Individual traders utilize the forces of demand and supply to adjust the prices accordingly. For example; when the demand for a good or service is high, the price always starts rising causing most consumers to look for alternatives. When the consumers shift their demand to the alternatives, the price starts going down since the demand has also reduced. On the same note, when the supply of a good is too high, the price reduces since it is readily available to most consumers, however when the supply reduces, the price rises since most consumers have to struggle for the limited resource.
2. Why are accounts receivable considered assets even if the money has not yet been paid to the business?
O Accounts receivable is a synonym for "asset."
O Businesses can count potential income as assets.
Any transaction is an asset once it is complete.
The payee has a legal obligation to submit the funds.
The payee has a legal obligation to submit the funds.
Explanation:
Once a transaction is agreed upon it becomes a legal obligation of the payee to pay the business owner.
Accounts receivable are thus counted in the balance sheets as liquid funds or current funds as they are converted into cash in less than an year is most cases.
In such a case that doesn't happen, they are counted as long term assets of a company. Any potential income guaranteed by legality is counted in the balance sheet as assets.
Accounts receivable are considered assets because they represent money that the business will receive in the future as payment for goods or services already provided. Despite not having yet received the money, the business has a legal claim on these funds as they are a promised source of payment.
Explanation:Accounts receivable are considered assets because they represent a legal obligation on the part of a customer, or debtor, to pay the business for goods or services provided. They are transactions that are not entirely complete; while the goods or services have been provided, the payment has not yet been received. Therefore, on a balance sheet, accounts receivable are listed as current assets because there is an expectation that they will be converted to cash when the customer fulfills their obligation to pay.
It's important to highlight that although the money from these accounts facilities has not yet been received, it's considered an asset because they are a promised source of payment, and a legal claim to resources. In addition, accounts receivable also shows the creditworthiness of a business to lenders and investors.
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Which option is an example of a debt-funding source
Answer:
The option which is an example of a debt funding source can be banks, credit unions, or any external lender.
Explanation:
Debt funding is when a company raises money by marketing bonds, bills and notes, etc. to the investorsIt differs from equity financing which is selling shares of the company.Debt funding must be paid back at an previously agreed date.If the business goes under, then the lenders have more rights on the property that will be liquidated than the share holders.Answer:
its credit unions
Explanation:
i just took the test
Inés is ready to begin her career as a chemist. She worked hard to learn as much as she could about her profession.
She receives job offers from different companies. To help her decide, she will do some research. What will help Inés
to make an informed decision? Check all that apply.
Research only the company offering the highest salary.
Visit the websites of all of the companies to learn more about them.
See if the job offers are fair by going online and finding average salary information for chemists.
Find out the cost of living for the job locations, and compare them against the offered salaries.
Research only the company that is closest to where she lives.
Answer:
Visit the websites of all the companies to learn more about them
See if the job offers are fair by going online and finding average salary information for chemists
Find out the cost of living for the job locations, and compare them against the offered salaries.
Explanation: I just took the test
Answer:2,3,4
Explanation:
Select the correct answer. Which type of labor union is the International Brotherhood of Electrical Workers (IBEW)? A. industrial union B. trade union C. public employee union D. craft union
The International Brotherhood of Electrical Workers (IBEW) is a craft union or trade union that represents electrical workers in the electrical industry.
Explanation:The International Brotherhood of Electrical Workers (IBEW) is a craft union, also known as a trade union. Craft unions are organizations of workers that organize within a particular craft or industry. In the case of the IBEW, it represents electrical workers in the electrical industry. The International Brotherhood of Electrical Workers (IBEW) is a craft union or trade union that represents electrical workers in the electrical industry. Craft unions are organizations of workers that organize within a particular craft or industry.
Final answer:
The International Brotherhood of Electrical Workers (IBEW) is classified as a craft union, representing workers within the electrical industry for professional standards, fair pay, and safety.
Explanation:
The International Brotherhood of Electrical Workers (IBEW) falls under the category of a craft union. A craft union is an organization that represents the interests of workers in a particular craft or trade. IBEW's primary purpose is to represent electricians and other workers within the electrical industry, ensuring they have professional standards, fair wages, and safe working conditions.
It contrasts with an industrial union, which represents all workers in an industry, regardless of their particular skills or trades. Examples of other labor organizations include the National Education Association (NEA), the Service Employees International Union (SEIU), the American Federation of Teachers (AFT), the International Brotherhood of Teamsters (IBT), The American Federation of State, County, and Municipal Workers (AFSCME), and United Food and Commercial Workers International Union, each serving different sectors or types of workers.
Question 9 of 10
Which number would a tax payment be likely to have in a chart of accounts?
O A. 3500
O B. 2300
O C. 1400
O D. 4700
Answer:
B 2300 it's a number would a tax payment in a chart of accounts
Final answer:
In a chart of accounts, tax payments are usually classified as an expense and are likely to have higher account numbers like those starting in the 4000 series, with 4700 being a plausible number for tax payments.
Explanation:
In a chart of accounts, which is a system that lists various accounts that a business uses to organize its financial transactions, each type of transaction is assigned a unique account number. When it comes to tax payments, they are typically included in expense accounts. In most chart of accounts systems, expense accounts have higher account numbers, usually starting in the 4000 or 5000 series. Therefore, the number that a tax payment would likely have in a chart of accounts is D. 4700. This selection assumes the use of a commonly applied numbering system where the numbers in the 4000 series indicate expense accounts, and this range is where tax-related expenses would be classified.
Fiona is a plant scientist. She lives in a part of the United States that varies in temperature and weather from season to season. Which workplace would be the best location for Fiona to do her research while living in this region?
Answer:
According to the question, Fiona should choose to work in the greenhouse being a plant scientist. Greenhouses consist of glass infrastructures inside which plants are grown and maintained. Greenhouses are warm from the inside in most weather e.g.-winters. Thus, the varying season will not manipulate her research
Other options are incorrect because the garden, nursery, and park reserves are not the place for working for Fiona's research. Thus, the correct choice is a greenhouse.
Greenhouse is the workplace, that would be the best location for Fiona to do her research while living in the given region.
What is greenhouse?A structure with glass roof and walls is known as a greenhouse. Tropical flowers and tomatoes are among the plants that are grown in greenhouses. Sunlight enters the greenhouse during the day and heats the air and plants within. This is called as the greenhouse because Earth's climate functions like the top layer of a glasshouse.
Even in the cold, a greenhouse keeps a comfortable temperature inside. Fiona should decide to become a plant scientist and work in a greenhouse, according to the case. Plants are cultivated and maintained inside glass buildings called greenhouses.
Therefore, it is greenhouse.
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What would be the situation if the price was moved from p2 to p1?
A)
the price would be too low
the price would be dropped
there would be a surplus of widgets
there would be a shortage of widgets
please answer I really need help....
Answer:
A. Ordered pairs, (x,y)=(5, 25500)
B. The table is as shown;
x (in minutes) y in (feet)
0 28,000
5 25,500
8 24,000
10 23,000
C. The ordered pair (x,y) that represents the initial value is (0, 28,000). The initial value represents the altitude of the plane before it starts descending.
D. The rate of change of the expression is a measure of how much the altitude changes with respect to the time. The rate of change=-500 ft/minute, meaning that the altitude of the plane decreases at the rate of 500 feet per minute.
Explanation:
A.
Step 1: Determine the expression for the altitude at time x
The expression for the altitude at a given time x is;
y=-500 x+28,000
where;
y=altitude, in feet
x=number of minutes after descending
Step 2: Determine altitude, y when x is 5 minutes
Using the expression above;
y=-500 x+28,000
but x=5 minutes
substitute the value of x above in the expression and solve for y;
y=-(500×5)+28,000
y=-2,500+28,000
y=(28,000-2,500)=25,500 feet
When x=5, y=25,500
Ordered pairs, (x,y)=(5, 25500)
B.
Step 3: Create a table for various values of x.
Substitute the given values for x in the expression to determine the corresponding altitude y of the plane. The values for x given are; 0, 5, 8, 10, 30
Determine y, when x=0
y=-(500×0)+28,000
y=0+28,000=28,000 feet
Determine y, when x=5
y=(-500×5)+28,000
y=-2,500+28,000
y=25,500 feet
Determine y, when x=8
y=(-500×8)+28,000
y=-4,000+28,000
y=24,000 feet
Determine y, when x=10
y=(-500×10)+28,000
y=-5,000+28,000
y=23,000 feet
The table is as shown;
x (in minutes) y in (feet)
0 28,000
5 25,500
8 24,000
10 23,000
C. The ordered pair (x,y) that represents the initial value is (0, 28,000). The initial value represents the altitude of the plane before it starts descending.
D. The rate of change of the expression is a measure of how much the altitude changes with respect to the time. This is also known as the velocity. To determine the rate of change, we need to differentiate the value of y with respect to x as shown;
y=-500 x+28,000
(dy/dx)=-500+0
(dy/dx)=-500 ft/minute
This means that the altitude of the plane decreases at the rate of 500 feet per minute.
Which of the following statements best explains how using a production possibilities frontier (PPF) helps set up efficient production?
A.) A PPF helps predict whether gross domestic product is rising or falling.
B.) A PPF allows a producer to balance supply and demand in order to find the best selling price.
C.) A PPF allows a producer to calculate the cost of producing one more unit of goods.
D.) A PPF shows the maximum amount of goods that can be produced with a given set of inputs.
Answer: The answer is D
A Production Possibilities Frontier (or Production Possibilities Curve {PPC} ) as the name implies is a graphical representation of all the possible combinations available for producing two set of goods at a given point in time while fully utilizing or deploying all the resources for production.
A simple illustration will help at this point:
Suppose Brainly Republic (an imaginary country) is into the production and export of textiles as well as computers. It would like to know which of the two commodities would yield the higher profit and needs to decide whether to produce one of them and completely ignore the other. But a better option would be to find out if it can produce both commodities and still make it's profit.
So the real question is,
(a) does it have to produce more of textiles and less of computers, or (b) does it have to produce more of computers and less of textiles?
If Brainly Republic begins to consider option A, then it needs to know how much of textiles as against computers it should produce. Is it a ratio of 90:10, 80:20, or 70:30?
The figures that show the possible combinations are plotted on the PPF (and shows all resources being fully employed)
Explanation:
D.) A PPF shows the maximum amount of goods that can be produced with a given set of inputs.
A Production Possibilities Frontier (PPF) depicts the maximum attainable combination of two goods or services an economy can produce given its resources and technology. By illustrating the trade-offs between producing different goods, it helps set up efficient production by showcasing the limits of production possibilities. The PPF indicates the boundary between attainable and unattainable levels of production, demonstrating the opportunity cost of producing one good over another. Efficient production occurs at points on the PPF curve, where resources are allocated to maximize output without waste or inefficiency. Therefore, understanding the PPF enables producers to make informed decisions about resource allocation, ensuring that they operate at points of maximum efficiency. While the other options touch on economic concepts like GDP, supply and demand dynamics, and cost calculation, they do not directly relate to how a PPF facilitates efficient production decision-making.
Which of the following report would you write to rectify a mishap and explain who is/are responsible?
1) Recommendation report.
2) Due diligence Report.
3) Compliance Report.
4) Failure Analysis Report.
Answer:
3) Compliance Report
Explanation:
Compliance report is basically written to find out the discrepancies and all the gaps and mishaps, moreover, the person responsible for those mishaps is identified as well. Compliance report also make sure that company is complying with the set rules and regulations or not. If not, then what are the reasons. Different procedures are held accountable here, they are checked and analysed as well. Afterwards these compliance reports are forwarded to the most senior level managers, executives and CEOs so they can decide about the company polices, vision and objectives, therefore, these reports are of much importance for any organization.
A Failure Analysis Report is written to address a mishap and assign responsibility, making it crucial to prevent future incidents.
Failure Analysis Report is the type of report that you would write to rectify a mishap and explain who is/are responsible. This report delves into the reasons behind a failure or incident, identifies the responsible parties, and provides recommendations to prevent similar occurrences in the future.
Explain how incentives and the limited role of government function in a free enterprise system.
Answer:
The government has two major roles;
a. The role of a rule maker.
b. The role of an umpire.
Explanation:
a.
A free enterprise system is an economic model where the prices and quantities produced are determined by the market rather than the government. The government usually has limited or no control on the market forces. In other words, a free enterprise system is an ideology where the market is majorly controlled by private businesses. The foundation for free markets are; voluntary trade, private ownership of property and competition in bidding. However, a government controlled economy usually has the following properties, namely; all property is publicly owned, trade is coerced and there is limited competitive bidding. Even though the government has a limited role in a free enterprise system it still has a role in allowing individuals to operate freely in the market. The roles of the government are; rule maker and umpire.
b.
In a free enterprise system, individuals are allowed to do their transactions without any restrictions. Even though individuals are free to operate, there needs to be rules to make sure that the transactions are in deed free. This is where the government comes in to enforce the laws that govern the smooth running of a free enterprise system. The government's role as an umpire means that the government has the authority to solve disputes resulting from different interruptions of the law.
Dani is ready to close out her project. Which deliverable is the most important in the Close Project process?
The most important deliverable in the Close Project process is the effective communication of results alongside a comprehensive documentation of the project activities and outcomes that is shared with the client or customer.
Explanation:When Dani is ready to close out her project, the most important deliverable in the Close Project process is effectively communicating results and ensuring there is proper documentation of the activities and results of the design process that is shared with the client or customer. The project closing phase includes finalizing all activities, ensuring all project work is completed, and formally closing the project. This involves a series of steps like getting client approval, ensuring all deliverables meet the specified requirements, releasing project resources, and documenting lessons learned.
Throughout the project, it is also vital to ensure ongoing buy-in from all stakeholders, and part of the closing process might include a review to ensure this was maintained. The final step often includes creating a project closure report which highlights the success of the project, completion of objectives, and what can be taken away from the project for the future.
Final answer:
The most important deliverable in the Close Project process is to communicate results, ensuring clear documentation and presentation of the project's outcomes, confirming stakeholder buy-in, and setting the stage for potential future initiatives.
Explanation:
When Dani is ready to close out her project, the most important deliverable in the Close Project process is to communicate results. This involves documenting and presenting the final deliverables and outcomes of the project to the client or stakeholder.
It's crucial to ensure that this communication is clear and that it accurately reflects the work completed, any obstacles encountered, and the overall success of the project. By effectively communicating these results, Dani can confirm that all project requirements have been met, and this provides an opportunity for feedback and confirmation of stakeholder buy-in.
Additionally, this process supports the expectation of learning, enabling team members to demonstrate mastery of the project's learning outcomes.
The activities and results should be summarized in a way that looks to the future, as this can be a powerful persuasive technique to indicate potential next steps or applications for the project's findings. It serves not only as a closure to the current project but also sets the stage for any future initiatives that may build upon this project's results.
Which option will cause a business to lose money from a failing product?
O
A. Rebrand the product
O
B. Spin off the product
O
C. Discontinue the product
O
D. Continue the product
Answer:
Which option will cause a business to lose money from a failing product?
D. Continue the product
Explanation:
A product can be considered to be failing when the market share of the product starts reducing. This typically implies that most customers are no longer satisfied by the benefits that product gives and that are beginning to look for better alternatives. However, there are strategies that can be utilized to ensure that the product regains it's original market share. These strategies include;
1. Re-branding
Re-branding is the act of creating a new product in the mind of the customer by changing symbols, signs and names that were initially associated with a failing product. This is done to convince the customer that the re-branded product is a different type of product with better qualities than the original product.
2. Spin off the product
A spin off is the creation of a company through the division of a failing department of that company. This serves two purposes, namely; it creates a perception of a new company from the failed department and it also protects the original company from it's departmental failures.
3. Discontinue the product
If a product is failing, removing it completely from the market and terminating it's production will help reduce loses associated with continuing to produce and sell it.
On the contrary, if one decides to continue a failed product, they business will continue suffering loses since the product will continue losing it's market share with time.
The check is written and signed by
A. Payee
B. Drawee
C. Payer
D. Drawer
Answer:
The check is written and signed by a payer
Explanation:
Checks are written by payers before any disbursement could be made, this must be strictly followed to enable smooth transaction and make such checks tenable in any bank.
Answer: C
Explanation: The payer is the one issuing the check.
Is a cosmetology license in one state valid in another? Explain your answer.
Answer:
license's are not always valid in a different state.. but sometimes they are. There are some states that have reciprocity but that only applies to some states. ... This means that a cosmetologist with a license from Oklahoma would still be valid in Texas.
Explanation:
Answer:
it allows
Explanation:
i think
The first is reciprocity where one sate allows u to work under......
the second is endrosement
use
there are two ways to transfer u r license.
is as i say reciprocity which work the license of anotheras i mention endorsement where the state stamps ur license an exam and training hoursthe transfer
pennsylvania has beauty practitioner license reciprocity with most state .
!
Select the correct answer. Which form of relativism states that people rely on their own standards of right and wrong when making a decision? A. naïve relativism B. role relativism C. social relativism D. cultural relativism E. habitual relativism
E. Naive relativism
Explanation:
Naive relativism is based on the belief that humans ha e a deep seated view of what is right and what is wrong and can judge things by their own standards and make a decision.
These decisions are thus treated as truth derived from one's own self by the person who is concerned.
Naive relativism means that people also project their sense of right and wrong over others and sort of treat it as if it is universal.
Answer:
Pretty sure its E
Explanation:
Naive relativism is based on the belief that humans ha e a deep seated view of what is right and what is wrong and can judge things by their own standards and make a decision.
These decisions are thus treated as truth derived from one's own self by the person who is concerned.
Naive relativism means that people also project their sense of right and wrong over others and sort of treat it as if it is universal.
You have $64,000 in a savings account that pays 2% annual interest and the
inflation rate is 3.24%. How much buying power in dollars will you lose in one
year because of inflation?
A. $793.60.
B. $1,280.00
C. $2,073.60
D. $3,354.60.
Answer:
$793.60
Explanation:
Inflation refers to the general increase in prices. It reduces or erodes the purchasing power of a currency.
Interest rate represents the rate of money growth from an investment or savings.
Inflation will, therefore, decrease purchasing power while interest rate will add to the currency strength. Loss or gain in purchasing power will be determined by the difference between the inflation rate and the interest rates.
In this case, the loss in purchasing power will be the inflation rate (3.24%) - interest rate (2%).
=3.24%-2%
=1.24%
1.4% decline in purchasing power will equal to 1.4% x $64,000
= 1.24/100 x $64,000
=0.0124
=$793.60
Vocabulary Word
business concept
Beneficiaries
feature
benefit
industry
Definition
A tool for organizing important
information about the competition.
Those most likely to buy your products
and services
The distribution channel through which
your product or service flows from the
producer to the customer.
A distinct aspect, quality, or characteristic
of a product or service
Something that promotes or enhances the
value of the proctor service to the
customer.
A group of businesses with a common
interest, such as financial services,
computers, retail, or groceries.
A clear and concise description of an
opportunity
H. End-users of the service.
Working model of a new product.
Describes how you intend to create and
capture value with your business concept.
target customers
competitive matrix
prototype
business model
value chain
Answer:
Explanation:
A tool for organizing important information about the competition.
competitive matrix
Those most likely to buy your products and services
target customers
The distribution channel through which your product or service flows from the producer to the customer. value chain
A distinct aspect, quality, or characteristic of a product or service
feature
Something that promotes or enhances the value of the proctor service to the customer. benefit
A group of businesses with a common interest, such as financial services, computers, retail, or groceries. industry
End-users of the service. Beneficiaries
Working model of a new product. Describes how you intend to create and
capture value with your business concept. prototype
-I + 96.87=(.38 x (-I +150))/1.04
Answer:
The value for I=65.72
Explanation:
Given;
-I + 96.87=(.38 x (-I +150))/1.04
The unknown is I, that we need t solve.
-I+96.87={(0.38×-I)+(0.38×150)}/1.04
Opening the brackets by multiplying 0.38 by -I and 150 respectively as follows;
-I+96.87=(-0.38I+57)/1.04
Open the larger bracket by multiplying (1/1.04) by 57 and -0.38 i respectively as follows;
-I+96.87=(-0.38I/1.04)+(57/1.04)
Solving;
-I+96.87=-0.36I+54.81
Collect all the like times on separate sides of the equation;
(I-0.36I)=96.87-54.81
Solving on either side of the equation;
(0.64 I)/0.64=(42.06/0.64)
Divide both sides of the equations to solve for the unknown, I.
I=65.72
The value for I=65.72
Who can work on a fixed ladder that extends more than 24
feet?
Select the best option
O
Any worker on a job site
o
Only supervisors on a job site
Only senior workers on a job site
O
Only qualified climbers with additional training
Answer:
Only Qualified Climbers with additional training
Explanation:
-
Tell me about one of your most passionate beliefs and explain how it has an impact on the way you think, behave, attend events, communicate with others, etc.
Answer:
One of my most passionate beliefs is perceiving people in a non jugmental manner and it has impacted a lot in my life.
Explanation:
The belief that everyone is different including yourself and we cannot judge them by our values or beliefs that we perceive and believe as ours. It has impacted on the way I think and the way I perceive other people during my day to day life in communication and having conversation. This belief that I have lets me see people in a healthy manner without letting my own personal beliefs to judge themselves and also see the world from different perspective.
how scientists believe the eaths four layers formed
s Create and Analyze Arguments and Drow
Conclusions Write an editorial for or against the
following statement: People should give up the freedom
to make choices in exchange for free, guaranteed, and
universally available services, such as housing,
education, employment, and health care.
Explanation:
I am providing my views on giving up freedom in an "against" approach.
People should be given freedom and even the freedom should have certain limits so that it promotes the wealth and skill of the country.
The Government is expected to provide or do a free service on some of the field. Among those fields, I feel Education and health care should be free.
Reason:
Education is mandatory for the growth of the country in terms of character, life skill, intelligence, etc. If education turns to be money minded, then poor people will be in trouble and the quality of education will vanish off.Health care should be free because, healthy country reaches the greatest height. If health care is money-minded, then the country is in risk.Describe an example of two products you could combine in a display in the store to show how they could work together. (1-2 sentences. 1.0 points)
Answer: Printer and Ink cartridge
Explanation: Complementary products are products that are bought and used together,these products require the presence of the other for it to be effectively used.
Examples of Complementary products are Printer and cartridge, pencil and eraser, shoe and polish etc this product are known as Complementary because the effective usage of one must be with the other.
Answer:
Face Cleaner and cotton pads
Explanation:
If you place face cleaner lotions or any other kind of face cream near cotton pads, women will likely relate the necessity of using both products. Since it is normal that creams or face lotions required something else to be applied.
Two significant parts of a market economy are _____ and _____ .
Answer:
The answers are Supply and demand. I hope this helped you and/or correct. Please mark me as brainliest.... Have a great day and stay safe!!!!!!! <3 :D
Explanation:
A market economy prominently features supply and demand and private property rights, which are augmented by government programs in a mixed economy to provide both privately and publicly offered goods and services.
Two significant parts of a market economy are supply and demand and private property rights. Supply and demand is a fundamental concept where prices adjust to reflect the amount of goods and services available for sale relative to the desire of buyers to purchase them. Private property rights refer to the ownership of resources by individuals or firms, allowing them to control the use of their property and the production of goods and services.
Mixed economies often utilize these market mechanisms alongside government programs to deliver both privately and publicly provided goods and services, such as wireless services available for purchase or law enforcement provided as a public service. This balance of private and government involvement is characteristic of most of the world's economies, including the efforts of entrepreneurs and the implementation of technology to effectively utilize an economy's factors of production.
XYZ Law Firm provided services for a cllent for $5,000 cash and provided service for another for $10,000 that will pay for the services in a later time period. How much revenue should be reported on the income statement of the current time.
a. $5000
b. $10,000
c. $15,000
d. $0
Answer: The income statement should reflect $15,000.
Explanation: The reason is because accounting procedures are always guided by certain principles or concepts. One of such concepts is the Realization Concept. This simply states that income is considered to have been earned when the goods/services have been dispatched /rendered to the client and the client has incurred liability for such (or has accepted his/her indebtedness). The Accrual Concept is also applicable in the above instance because this concept/principle states that revenues and expenses are recognized as soon as they are earned and incurred and not when money is expended or received. So basically, XYZ Law firm has provided services for two clients. One of them has paid while the other will pay sometime later. Both of them are already recognized as revenue and the current income statement will reflect revenue transactions to the tune of $15,000.
XYZ Law Firm should report a total of $15,000 on their income statement. This includes both the revenue already paid in cash and the revenue that will be paid at a later time.
Explanation:The subject is regarding the reporting of revenue on an income statement for a law firm. According to the accrual basis of accounting, revenue is recognized when the services are rendered, not necessarily when cash payment is received.
Therefore, even if the law firm hasn't received payment for some services yet, it still needs to report the revenue for those services if it has provided them. So, XYZ Law Firm should report a total of $15,000 ($5,000 that was paid in cash and $10,000 that will be paid later) on its income statement for the current period.
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2. Which is not a characteristic of rural roads
O Two lane roads
Frequent controlled intersections
Hills and curves
Frequent controlled intersections
Rural roads don't have a lot of people drive on them so they have lower standards than city roads.
Some characteristics of the rural roads can be seen as blind curves, damaged road surface, steep hills, obstacles on the road, soft surface lack of signatures, and sharp curves.
There may be uncontrolled intersections and curves and may lack two-lane roads.Hence the option A is correct.
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What do you think happens when the supply of gold increases dramatically during good economic times
Answer:
An increased supply of gold during good economic times causes a reduction in the value of the gold thus the price of gold reduces.
Explanation:
Good economic times are times when the economy is growing and expanding. This means that the supply of money is very high thus most people can afford lines of credit. This increases the quantity of disposable income available to most people. The people in such type of an economy feel wealthier and thus are ready to spend on goods and services that are considered luxuries. At the same when there is excessive spending, most people buy gold due to the fear of inflation since it has been traditionally believed that holding currency in form of gold is a safe measure against inflation. This usually causes the price of gold to rise.
However, in our case, the supply of gold has increased dramatically. Gold, just like any other commodity is affected by the forces and supply. When the supply of gold exceeds the demand, there will be an excess that won't be bought by consumers. To ensure that there is a balance, the price of gold will reduce.
Final answer:
A dramatic increase in gold supply during prosperous times can reduce its value due to reduced scarcity, affecting prices of goods and services, and could have beneficial effects on non-monetary uses. However, it might also cause temporary instability in international trade and monetary systems.
Explanation:
When the supply of gold increases dramatically during good economic times, the value of gold is likely to decrease because of the basic economic principle of supply and demand. If there's a lot more gold available, its scarcity decreases and thus its value tends to drop. This could lead to a decrease in the prices of goods and services measured in gold ounces. However, gold has a unique position as a store of value and is turned to in times of economic uncertainty. Considering its non-monetary uses, such as in jewelry, dental work, and certain medical treatments, a dramatic increase in gold supply can be beneficial in reducing costs in these areas.
Nonetheless, a sudden increase in gold supply might also impact international trade and monetary systems, especially in countries where the gold standard is in place or currency values are closely tied to gold. An excessive supply of gold might lead to an adjustment period where prices become unstable until a new equilibrium is established.