Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.
MAY ACCOUNTS
CHECKING
$860.00
REVENUE
FIXED EXPENSES
VARIABLE EXPENSES
CARD PURCHASE
$300
SAVINGS
$1,006.68
DOG FOOD
CAT FOOD
PET TREATS
PET SUPPLIES
$3,650
$2,850
$1,650
$1,800
RENT
$2,000
SALARIES
$2,000
UTILITIES
$1,000
PRODUCT STOCK $4,000
TOTAL
$9,950
TOTAL
$9,000
TOTAL
$300
ENTER MIA'S TOTAL PROFIT/LOSS FOR THE MONTH IN THE BOX BELOW, THEN CLICK SUBMIT.
$
SUMIT
Answers
Answer:
Loss
Explanation:
Because she started with 860.00 then ended with 300
Answer:
350
Explanation:
I guessed
Related Questions
What is the difference between a partner and a limited (silent) partner?
Answers
Answer:
see below
Explanation:
In a partnership business with general and limited partners, the general partners act as business owners, while the limited partners behave like investors. Limited partners are silent partners. They inject capital in the business and get to share in its profits. Limited partners are not engaged in managing the business affairs and have no voting rights. They have limited liability to the debts of the partnership.
General partners make all the business decisions on behalf of the business. They vote and have the right to get involved in managing the partnership. General partners have unlimited liabilities to the obligations of the partnership.
Explain two reasons why the team experienced the storming stage
Answers
Answer:
Every newly-formed team experiences the storming stage because of the usual conflicts that arise after the formation stage. Naturally, different personalities make up a team. When the personalities clash, conflict is experienced.
Another reason for the storming stage is the competition that new team members exert on the team, especially with regard to team leadership and bonding.
Explanation:
The storming stage is the second and most important stage of team development. It is marked by conflict and competition as individual personalities emerge. The stage makes or mars the team development process. After this stage, the team can then experience the three remaining stages of norming, performing, and adjourning.
Community colleges and vocational schools offer programs in maintenance and repair.
A
True
B.
False
Answers
Domestic producers of semiconductors send a lobbyist to the U.S. government to request that the government impose trade restrictions on imports of semiconductors. The lobbyist claims that producers in other countries receive subsidies to export semiconductors and that domestic suppliers can’t compete in the international marketplace.
Answers
Answer:
TRUE
Explanation:
The producers of ball bearings in the United States of America used the infant industry argument, which is an economic rationale for trade protectionism to argue their case before the Federal Government. They asked the US government to impose certain trade restrictions on the importations of ball bearings.
The lobbyist who represented the domestic producers rightly claimed that the ball-bearing industry in the country was still at the infancy stage and would not be able to compete with foreign companies.
They opined that when the restriction is made, the indigenous ball-bearing industry would grow and be able to compete in the global market .
Sharon is opening a new pizza restaurant that will use a combination of workers and ovens to produce pizzas. Sharon knows from experience that the total number of pizzas she can produce in an hour is given by the function q=4K0.5L0.5 , where q is the number of pizzas per hour, K is the number of ovens, and L is the number of workers. Suppose another pizza restaurant in the same town can produce 19 pizzas per hour. Being an extremely competitive person, Sharon wants to produce 20 pizzas per hour. Therefore, his total hourly cost function is given by ____
Answers
Answer:
Q+X = [4K^1/2L^1/2] + X
Explanation:
L = labour = workers
K = capital = ovens
You don't have the exact value of Q since the values of K and L are not given.
You should however note that Q is less than or equal to 19 pizzas/hour, since Sharon sought to stretch his capacity by producing up to 20 pizzas/hour owing to the presence of a competitor.
Assuming the distance/difference between 20 and Q is X (a positive number).
Sharon's new hourly cost function will be:
[tex]Q+X = [4K^1/2L^1/2] + X[/tex]
Q+X = 20 and the law of mathematics states that whatever you add to the left hand side must be added to the right hand side, hence the addition of X to both sides of the equation instead of the left hand side alone.
The function can now be rewritten as 20 = [4K^1/2L^1/2] + X
where X = 20 - Q
Budgeting for Needs
Select the items that are needs from your credit card statement.
CREDIT CARD STATEMENT
Last Month
Groceries$200
Movie rentals$15
Concert tickets$120
Internet services$60
Fitness class$35
Go-kart racing$50
Answers
internet services maybe especially during a pandemic
hope this helps
The items that are needed from your credit card statement are Groceries $200, Internet Services $60 and Fitness Class $35. The correct options are a, d and e.
What is a credit card?A credit card is a thin rectangular piece of plastic or metal issued by a bank or financial services company that allows cardholders to borrow funds with which to pay for goods and services with merchants that accept cards for payment.
Credit cards impose the condition that cardholders pay back the borrowed money, plus any applicable interest, as well as any additional agreed-upon charges, either in full by the billing date or over time.
In addition to the standard credit line, the credit card issuer may also grant a separate cash line of credit to cardholders, enabling them to borrow money in the form of cash advances that can be accessed through bank tellers, ATMs, or credit card convenience checks.
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Fiscal policy describes a government's actions related to:
O A. punishing crimes.
O B. declaring wars.
O C. taxing citizens.
OD. printing money.
Answers
When a government latkes any action or makes any law that comes under the policy and when a government takes action which is related to taxing the citizens, it is fiscal policy. Hence, Option C is correct.
What is government?Since ancient times, for the smooth working of the nation, there is a body which is consisted of a group of people who works for the betterment a development o the nation. The work or the duty of these people is to prepare policies, form rules, pass bills that will become acts, and many more. The name of the group of such kind of people is known as government.
Just like other people, they also work from a particular place which is known as the minister’s office. These people have sometimes direct authority to take any action while sometimes they have to take permission and that is given by the voting system. These are the institutions that are formally prepared and that process is known as election.
Thus, Option C is correct.
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After restarting a customers complaint the employee should A. Investigate the problem B. Take actin C. Listen to the customer D. Thank the customer for the complaint
Answers
What are the costs and benefits to employers of being responsive to the applicant's perspective throughout the selection process?
Answers
Answer:
Selection Process is the process of finding the best fit applicant for any position in an organization.
The benefits to employees for being responsive to the applicant's perspective throughout the selection process are:
a. It helps employers to understand the mindset of the applicant. Knowing the pulse(thinking process) of an applicant is very important.
b. It helps employers to select the right applicant.
c. It keeps them in good terms with the applicants. Even if an applicant does not get selected, he will not file a suit on the employer.
The cost to employees for being responsive to the applicant's perspective throughout the selection process are:
a. Being responsive to applicant will increases the chances of applicant misusing it. Which could be costly to employer.
b. Taking care of needs of the applicant's who come for interview is a cost to the company.
c. It takes lot of time and resources for the selection process per applicant which is a cost to the company.
what is some ways to help people ?
Answers
Becoming more efficient and minimizing start-up costs are ways to
A) Increasing net profit
B) Decreasing gross profit
C) Increasing gross profit
D) Decreasing net profit
Answers
Becoming more efficient and minimizing start-up costs are ways to Increase net profit. Thus the correct option is A.
What are startup costs?The costs involved in establishing a new firm are known as startup costs. Equipment, registration fees, insurance, and taxes are startup expenses because they are needed when a business is first started up.
The start-up costs of a business should be low as the initial level there is high risk associated with the business. To reduce the startup costs it is important to do proper research and fix a budget for particular things.
After planning and things get implemented it is important to track every operation to minimize the cost and control the functions timely to help to perform efficiently with the resources.
A business can increase its profit margins without compromising quality, sales price, or product sales by improving the supply chain, manufacturing companies, staff, and facilities used in business.
Therefore, option A is appropriate.
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The value of Terrah's personal residence has declined significantly because of a recent forest fire in the area where she lives. The fire was a Federally declared disaster. Terrah's house suffered no actual damage during the fire, but because much of the surrounding area was destroyed, the value of all of the homes in the area declined substantially.Can Terrah take a casualty loss for the decline in value of her residence caused by the fire?__ because the decline in value of her residence ___ meet the "sudden, unexpected, and unusual, progressive deterioration" requirement for a casualty loss
Answers
Answer:
No because the decline in value of her residence does not meet the "sudden, unexpected, and unusual, progressive deterioration" requirement for a casualty loss.
Explanation:
Terrah's house suffered no actual damage because of a recent forest fire in the area where she lives. Terrah cannot take a casualty loss for the decline in value of her residence caused by the fire as the decline in value of her residence dose not meet the "sudden, unexpected, and unusual, progressive deterioration" requirement for a casualty loss.
Final answer:
No because the decline in value of her residence does not meet the "sudden, unexpected, and unusual, progressive deterioration" requirement for a casualty loss.
Step One: Create a budget. You can use a spreadsheet, budget software, online budget tools, or a pencil and paper. Remember, to create a budget, you enter income and calculate the total, enter the expenses and calculate the total, and subtract the expenses from the income.
Step Two: It is now the next month, May. The Spencers have spent money and earned another month's worth of income. Update your budget with the following expenses in May. Keep the original expenses.
Expenses May
short-term savings $0
long-term savings $0
rent/insurance $700
car payment $350
utilities $140
tv/cable $100
cell phones $100
clothing $230
entertainment/recreation/eating out $260
credit card (balance=$1200) $50
miscellaneous expenses $130
Step Three: Answer the following: In what areas did the Spencers overspend? What changes would you make to their spending?
Step Four: You probably noticed that the Spencer family is not putting money in their savings account. This would be a good idea since their financial goal is to buy a house. Make adjustments to the budget so that they have money going into short-term savings.
Answers
Answer:
Budget: Income $2500/monthly $4.50 interest/each month
Explanation:
Budget : $1500/monthly
Spenser had overspent $720
The unnecessary expenses would be :
miscellaneous expenses $130
entertainment/recreation/eating out $260
tv/cable $100
clothing- $230
That will save $720 by removing those expenses. That can be split into short-term and long-term savings.
Only spending $1500 a month will ensure them to save $1,000 each month, and be able to save for a house and still occasionally be able to afford miscellaneous purchases.
common to this work. Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. According to O*NET, what are some common work contexts for Accountants? Check all that apply. pace determined by speed of equipment importance of repeating same tasks indoors, environmentally controlled deal with physically aggressive people telephone and electronic mail importance of being exact or accurate
Answers
Answer:
Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. According to O*NET, what are common work contexts for Actors? Check all that apply.
deal with physically aggressive people
exposed to hazardous equipment
contact with others
work with group or team
Explanation:
Answer:
A, B, E, F
Explanation:
Type the correct answer in the box. Spell the word correctly. Which trait is described in the given sentence? is acting consistently according to one's values and principles.
Answers
Answer:
integrity
Explanation:
Answer:
integrity
Explanation:
Ashton is working on a project at PowerTek Inc., a well-known multinational corporation. He is using capital budgeting to estimate the project's future cash flows. He finds that the present value of the estimated future cash flows is greater than the cost of the project. How likely is he to gain approval from the board? Group of answer choices
Answers
Answer: A. He will quite certainly gain approval since the project has a positive net present value.
Explanation:
The options are:
A. He will quite certainly gain approval since the project has a positive net present value.
B. Approval is probable but not likely as he failed to account for the time value of money.
C. He will not gain approval as he failed to consider whether the project is leading edge or not.
D. Approval is probable but not likely as the project has been constructed on estimates instead of facts.
Capital budgeting is used to know whether the long term investment for a particular organization's is actually worth investing in or not by the company.
Based on the scenario in the question, since the present value of the estimated future cash flows is greater than the cost of the project, Ashton will quite certainly gain approval since the project has a positive net present value.
What does this word Otorhinolaryngologist mean?
Answers
Answer:
A medical specialty concerned especially with the ear, nose, and throat and related parts of the head and neck : otolaryngology All antihistamines have at least some drying effects, called anticholinergic properties.
Explanation:
describes employees who are allowed to work remotely.
Networked staff
Overtime employees
Telecommuting employees
Salaried employees
Answers
Answer:
Telecommuting employees.
Explanation:
There are numerous mediums or ways of working in the corporate world. telecommunication is one such way in which the employees are allowed to work from a remote place and do not necessarily need to come to the employer's office to do work.
Telecommunication is also known as work from home, remote work, flexible work, mobile work, etc. among others. This allows the employee to work in his/ her own space, comfort zone and also need not make them go through the hassle of traveling to and back from the office. This, in return, makes it good for the company to reduce costs be it in travel allowances, office space, and other amenities, etc.
Answer:
telecommuting employees
Explanation:
got it right on my quiz
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Answers
Answer:
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Supply-side policies have proven that smaller government makes the economy more efficient. Select one: True False
Answers
Answer:
The given statement is "False".
Explanation:
Supply-side policies include those strategies that increase the economic ability of an enterprise as well as the ability to manufacture. To increase supply-side efficiency, there are also many specific steps that somehow an authority may undertake. Any strategy that increases the economic capacity of a nation's infrastructure and therefore its ability to transfer should be under the supply-side legal framework.The __________ is the percentage of sales leads that actually end up buying the product.
A.
Retention ratio
B.
Conversion rate
C.
Sales commission
D.
Market penetration value
Answers
Answer:
conversion rate
Explanation:
I tried to search up the answers on brainly and found it
Answer:
b.) conversion rate
Explanation:
just further confirmation
On September 3, 2018, Able, a single individual, purchased § 1244 stock in Red Corporation from his friend Al for $60,000. On December 31, 2018, the stock was worth $85,000. On August 15, 2019, Able was notified that the stock was worthless. How should Able report this item on his 2019 tax return?
Answers
He should ask them why it was worthless then after a while of thinking maybe have and idea on how to use it again
The Graves Corporation was incorporated in 2018 and incurred a net op-erating loss of $35,000. The company’s operating income in 2019 was $47,000. Because of a downturn in the local economy, the company suffers a net operating loss of $21,000 in 2020. What is the treatment of the 2020 loss? How would your answer change if Graves were an S corporation?
Answers
Answer:
The 2018 loss was carried forward and decreased the corporation's tax liability during 2019. The 2020 loss should also be carried forward to offset any future gains and reduce future tax liabilities. A company can carry forward a loss indefinitely, since it is allowed to deduct a maximum of 80% of a future year's net income.
If this was an S corporation, it would be pass through entity that is not taxed directly, instead, the owners are taxed. Therefore, this $21,000 loss will be distributed proportionally among all the stockholders, and they must deduct their taxes independently.
Need Help ASAP
List three (3) examples of workplace documents?
Answers
Answer:
Messages, memorandums, minutes and agendas are usually workplace documents that are prepared for internal use. That is, these documents are only used and read by people inside your organisation
Explanation:
how might a business such as sports direct benefit from buying brand names from struggling firms? (economics question)
Answers
Answer:
most people usually buy brand name products because they think it is durable,Although it is durable its expensive. We can find other clothes that are just as good but cheaper. Therefore business can benefit because people would buy the product. So the business will get more income.
You have decided to refinance your mortgage. You plan to borrow whatever is outstanding on your current mortgage. The current monthly payment is $ 2 comma 356 and you have made every payment on time. The original term of the mortgage was 30 years, and the mortgage is exactly four years and eight months old. You have just made your monthly payment. The mortgage interest rate is 7.500 % (APR). How much do you owe on the mortgage today? (Note: Be careful not to round any intermediate steps less than six decimal places.)
Answers
Answer:
$320,244.92
Explanation:
We must first determine the principal of the loan and we can do that by using the present value of an annuity formula:
PV = monthly payment x annuity factor
monthly payment = $2,356PV annuity factor, 360 periods, 0.625% = 143.01763PV = $2,356 x 143.01763 = $336,950
Once we have calculated the principal, we can prepare an amortization schedule. I used an excel spreadsheet to do it. Four years and 8 months is the same as 56 monthly payments. The principal's balance after the 56th payment is $320,244.92
What are Logistics careers?
Answers
state ant Three activities that took place during the forming stage
Answers
Answer:
Each stage plays a vital part in building a high-functioning team. In 1965, a psychologist named Bruce Tuck-man said that teams go through 5 stages of development: forming, storming, norning, performing and adjourning.
Explanation:
Why do countries pursue the macroeconomic goal of stable prices? O )A. Stable prices help businesses plan future economic decisions. OB. Stable prices result in a wealthier country overall O c. Stable prices create a lower per capita gross domestic product. D. Stable prices ensure that all citizens have jobs.
Answers
Answer:
A
Explanation:
Having a stable prices gives way for country to plan for future plans without any issue of inflation
Answer:
A
Explanation:
In order for money to work properly, the different pieces of currency in an economy should look similar to each other. This is an element of which characteristic of money?
A.) Limited supply
B.) Divisibility
C.) Acceptability
D.) Uniformity
Answers
Answer:
D.) Uniformity
Explanation:
I just did it it was correct and this is just if you need a second opinion.
In order for money to work correctly, the different pieces of currency in an economy should look similar to each other. This is an element of the Uniformity of money. Hence, Option D is correct.
What is currency?When a person wants to market or wants to purchase anything, it can be for self, or for a family member or for a friend, or for anyone else, they have to pay a certain amount of money and that money is known as the currency. Just like each nation has its own language, similarly, they also have its own currency.
For instance, if a person wants to buy or purchase anything in India, they have to use the Indian Rupee which is the currency of India, If one is in Saudi Arabia, they will use Saudi Riyal, and many more. There is a market which is known as the free market, in that market gold is also considered a currency. For smooth functioning of the currency, there should be uniformity of money.
Thus, Option D is correct.
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