A company reports on the cash basis. During the company's first year of business, it had sales on account of $1,000,000, inventory purchases on account of $400,000, and other expenses of $200,000. At the end of the year, the company had accounts receivable, inventory, and inventory related accounts payable of $100,000, $10,000, and $50,000, respectively. What is the company's cash-basis income for its first year of operations
Based on the information given the company's cash-basis income for its first year of operations is $350,000.
First step
Net sales revenues =Sales - Account receivable
Net sales revenues= $1,000,000 - $100,000
Net sales revenues = $900,000
Second step
Net expenditure on purchases =Inventory purchases - Account payable
Net expenditure on purchases =$400,000 - $50,000
Net expenditure on purchases = $350,000
Third step
Cash-basis income =Net sales revenues - Net purchases expenditure - Other expenses
Cash-basis income= $900,000 - $350,000 - $200,000
Cash-basis income= $350,000
Inconclusion the company's cash-basis income for its first year of operations is $350,000.
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how much does it cost to tent a house for termites
A local butcher and a worker at a cereal factory both work in what Agriculture, Food, and Natural Resource pathway?
Agribusiness Systems
Food Products & Processing Systems Animal Systems
Natural Resources Systems
The Food Products & Processing Systems is the department in Agriculture, Food, and Natural Resource where the local butcher and a worker at the cereal factory.
The food products $ processing systems is a department in the Food, and Natural Resource
The department is responsible for tasks including:
Bulk food production Development of ways to process, package or store food etcIn conclusion, the Food Products & Processing Systems is the pathway in Agriculture, Food, and Natural Resource where the local butcher and a worker at the cereal factory.
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How can I tutor at age 11?
Sean’s mother had to make an emergency purchase of a new tire because her tire went flat while she was traveling to the store. She is not sure how much money she has in her checking account. Which method of payment should she use to be financially responsible?
She should pay by telephone with her debit card.
She should pay with a debit card.
She should pay with a credit card.
She should pay with a check.
Answer:
c. She should pay with a credit card.
Explanation:
Credit cards are basically loans that the banks give to the customer to use and pay back before the due date.
Now if Sean's mother does not know how much money she has, she must use the credit card because to be financially responsible and pay the type services their due amount.
Later she can check her account details and make payments to the bank as per requirement.
Explanation:
The most financially responsible option for Sean's mother would be to pay with a debit card. The correct option is B.
Why debit card is better than cash?You can carry out purchases using a debit card rather than scrambling for cash, looking through your pockets or handbag for exact change, writing a check, or visiting an ATM. It's also more convenient than ever thanks to the increase in companies accepting debit card payments.
This is because a debit card transaction deducts the payment directly from her checking account, so she can only spend the money she actually has available. This can help her avoid overspending or going into debt.
Paying by telephone is also a convenient option, but it is important for Sean's mother to make sure she is using a secure and trusted payment system to protect her personal and financial information.
Using a credit card or writing a check are also options, but they may not be as financially responsible in this situation. With a credit card, Sean's mother would be borrowing money and may incur interest charges if she doesn't pay the balance in full. Writing a check may take longer to process and may not be accepted by all tire shops.
Thus, the ideal selection is option B.
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A grid-based layout commonly used in website design is called what?
A. Rebus
B. Mondrian
C. Circus
D. Sihouette
A grid-based layout that is commonly used in the design of a website is called: B. Mondrian.
A website can be defined as a collective name that is used to describe series of webpages that are linked together with the same domain name. Also, all website are hypertext markup language (HTML) documents that contains codes, tags, image, audio, and video files, inserted to make them responsive and interactive with end users.
In Web design, a grid serves as an underlying structure upon which the layout of a website is built. The most commonly used grid-based layout for the design of a website is called Mondrian.
Mondrian is a grid-based layout that can be used to divide spaces on a website into clear sections, in order to enable the smooth navigation and transition of webpages and its contents.
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Becca has $500 to open a checking account. She wants an account with the lowest fees. She writes about 12 checks per month and her employer has direct deposit. She plans to only use her bank's ATM four times a month. Bank Account Terms and Conditions Bank Account terms and conditions. Bank B is best for Becca. Which checking account would be best for Becca? Account A Account B Account C Account D.
People often have different types of account. The checking account that would be best for Becca is Account B
A checking account is known to be a type of bank account that gives room for customers to male quick and easy deposit and withdrawal of their money for daily transactions.It often includes depositing a check that a person receive, taking out cash with your debit card or setting up direct deposit for your paychecks.
Looking at the Account B in the picture attached you will see that the option be is the best for Becca.
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Answer:
Account B
Explanation:
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what country is home to the world’s oldest continuously-operating business?
Answer:
Japan is the home to the worlds oldest operating Bush
current assets minus current liabilities is called
Answer:
working capital also called net working capital (NWC)
what is represented by the distance between two vertical white gridlines on this graph?
The information which is represented by the distance between two (2) vertical white gridlines on the graph in the image attached is: a time span of 50 years.
A graph can be defined as the graphical representation of data (information) on both the horizontal and vertical lines, which are x-axis and y-axis respectively.
In this scenario, the x-coordinates is used to represent time in years ranging from 1500 to 2050.
On the other hand, the y-coordinates is used to represent the total population in billions.
From the graph, we can deduce that each point of the vertical white gridlines with respect to another represent a time span of 50 years.
For example:
[tex]Time\;span = 1950-1900[/tex]
Time span = 50 years.
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A way of spreading stress among employees and providing a respite from particularly stressful jobs is basically job ______
Answer:
Job Rotation
Explanation:
Job rotation is basically a way of spreading stress among employees and providing a respite—albeit temporary—from particularly stressful jobs
Hope this helps!
Job rotation is a management strategy in which employees are rotated between two or more assignments or jobs at regular intervals to expose them to all aspects of an organization. It is a way of spreading stress among employees and providing a respite from particularly stressful jobs.
What is job rotation?Job rotation is a well-planned practice that is used to reduce boredom from doing the same type of job every day and to discover an employee's hidden potential. It aids management in identifying employee talent and determining what he or she excels at. It allows a person to pursue his or her own interests and gain experience in various fields or operations.
Job Rotation is a pre-planned approach with the goal of testing the employee's skills and competencies in order to place him or her in the appropriate position. Furthermore, it reduces job monotony, provides them with broader experience, and assists them in gaining more insights.
Therefore the correct answer is job rotation.
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what are the 4 hierarchical tiers of information in an ipv4 address?
The 4 hierarchical tiers of information in an ipv4 address include the following:
NetworkSubnetHost componentsBased on the given question, we can see that the ipv4 address has to do with the networking components of a system and how they are used in the rerouting of data across a network.
With this in mind, they have hierarchical tiers of information which includes the network that is used, the subnet masking, and the host components.
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In analyzing the chart, what is the relationship between fees and dollar advanced? What do you think that payday lenders base their fees on?
Fees are directly related with the dollars advanced. Meaning as the dollars advanced increases, fees also increases and same goes as the dollars advanced decreases, fees also decreases. And therefore, using this same concept, we can say that payday lenders based their fees on the amount of dollar advanced.
According to the given chart, The relationship between the fees and dollar advanced is that Fees are proportional to the amount of money borrowed.
What is fees?Fees is defined as the amount of money that a person charges with the another person for the use of their services or any item, and the amount is based upon the agreement made between the parties.
As shown in the given graph, the amount of money advanced grows, so do the fees, and as the amount of money advanced grows, so do the fees.
Using the same logic, it can be said that payday lenders charge fees based on the quantity of money borrowed.
Therefore, The relationship between fees and dollars advanced, as seen in the graph, is that fees are proportional to the amount of money borrowed.
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When applying for a job, which document should you tailor to fit the job posting?
Both the cover letter and the résumé
Neither the cover letter nor the résumé
Only the cover letter
Only the résumé
Given the following information of a trader calculate the total current assets?
Motor van $3000
Prepaid rates $ 500
Debtors. $3000
Stock. $. 700
Accrued wages. $. 75
Equipment. $500
A. $ 4200
B.$ 5000
C.$2400
D.$3700
Answer:
A.
Explanation:
CORRECT IF IM WRONG
SORRY FROM NO EXPLANATION
One way a local community might regulate a shared and limited resource and reduce the tragedy of the commons is to:
Division of the resources into parcels as well as assigning them to individuals serves as a way that local community usually follow in regulations of shared as well limited resource.
limited resource serves as term used to describe that the quantities of available labor as well as capital, land are finite.In order to regulate these resources, the local community can divide the resources into parcel so it will be able to easy for allocation.Another way is to assign this resources to individual one after the other.
Therefore, Division of the resources into parcels one way to share the resources.
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Which information is found on a credit report?
CO
FE
O grade point average
O list of schools attended
o names of family members
o credit account history
4. The three general categories of responsibilities of the financial manager are (1 point)
O cash-flow management, financial control, and financial planning.
O financial planning, accounting, and government tax reporting.
O government tax reporting, cash-flow management, and financial control.
O accounting, cash-flow management, and government tax reporting.
Answer:
A
Explanation:
A: Cash-flow management, financial control, and financial planning. Hopefully this helped
The three general categories of responsibilities of the financial manager are cash-flow management, financial control, and financial planning. Therefore option A is correct.
What is cash-flow management?The act of tracking, evaluating, and maximizing the difference between cash receipts and cash outlays can be summed up as cash flow management for businesses. For any organization, net cash flow is a crucial indicator of financial health.
Poor cash flow management is one of the main causes of business failure. You have a cash flow issue if your business consistently spends more money than it brings in.
Developers frequently have cash flow issues in the extremely cyclical real estate development industry. Both the initial capital expenditure and continuous operational cash outflows for property development are sizable.
Therefore option A is correct.
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True or False: The purpose of a Sprint is to produce a valuable and useful Increment of working product.
Based on the business management system, it is True that the purpose of a Sprint is to produce a valuable and useful Increment of working products.
What are Sprints?Generally, Sprints is a brief, time-boxed period utilized by the scrum team to complete a set amount of work rapidly.
Sprint as a time-box of a month or less is used by working teams to enhance their working activities.
Hence, in this case, it is concluded that the correct answer is "True."
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What are some risks of adding a new product?
Answer:
the product could not sell
the product could be poorly received/rated
the product could put your company into debt
if the product got bad reviews that looks bad for your business
Explanation:
6. In 1996, the average house price in the UK was about $75,000. By 2007, prices had risen to around $190,000. This increase in prices had been fueled by rising incomes and cheap loans.
a) Draw a demand and supply diagram to show what caused house prices to rise between 1996 and 2007.
b) There is an improvement in technology in the housing industry. Draw a diagram to show the effect this would have on house prices.
Please find attached the required diagrams.
As a result of the rising incomes and cheap loans, the demand for houses would increase. This would cause an outward shift of the demand curve. As a result, equilibrium price and quantity of houses would increase.
An improvement in technology in the housing industry would lead to an increase in the supply of houses. This would lead to an outward shift of the supply curve. Equilibrium price would reduce and equilibrium quantity would increase.
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The ABC Corporation has a long-standing policy of maintaining a dividend payout ratio of 45%. ABC's net income for the year is $12 million, and there are 8 million shares of common stock outstanding. After a 3:2 stock split, the annual dividend per share is
Based on the information given the annual dividend per share is $0.45.
Distribution of net income to common shareholders:
Amount available for common shareholders=45%×$12 million
Amount available for common shareholders =$5,400,000
Number of shares:
Shares=(8 million shares × 3)/2
Shares= 24 million shares/2
Shares = 12 million shares
Annual dividend per share:
Annual dividend per share=$5,400,000/12 million shares
Annual dividend per share=$0.45
Inconclusion the annual dividend per share is $0.45.
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Quais são as medidas de controlo que podem ser utilizadas para minimizar efeitos do impacto ambiental?
Answer:
Reduce, recyle, reuse
Reducir, reciclar, reutilizar
Explanation:
It dosnt have to be very complicated, you could simply be using the same another side of a paper or taking 2 minutes out of your total shower time. We want to slowly get better at this.
No tiene por qué ser muy complicado, simplemente podría usar el mismo otro lado de un papel o tomar 2 minutos de su tiempo total de ducha. Queremos mejorar lentamente en esto.
to implement the marketing concept, a firm must first
Answer:
obtain information about its customers' needs
Explanation:
You must know what your customers' needs are before you try to satisfy them.
A key to effective leadership is the ability to : A. maintain order, stability, and control. B. communicate a vision and rally others around that vision. C.
Effective leadership is one that has strong values and guides their decision-making process. The honest in terms of the interactions and creative in terms of stability and order.
Hence they think out of the box and come up with an innovative solution. Hence the option A is correct that is maintain order, stability, and controlLearn more about the is the ability.
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bounded rationality is an idea in behavioral economics in which individuals are limited in their ability to make decisions. this leads to outcomes that differ from the outcomes predicted by traditional economic theory. which of the following would best describe an individual limited by ""bounded rationality""?
Bounded rationality simply means an idea that has to do with the fact that people are limited in their ability to make decisions.
You didn't provide the options. Therefore, an overview of the topic will be given. Bounded rationality means the way individuals make decisions that is different from perfect economic rationality.
An example of bounded rationality is when ordering at a restaurant and the customer makes suboptimal decisions because the customer was rushed by the waiter.
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An advantage of water transportation over road transportation was that a. canals made Philadelphia the center of commerce for midwestern trade. b. canals cost less to construct than roads. c. canal construction was easier to do than road construction. d. the federal government preferred to fund canal projects over road transportation. e. canals increased the speed of commerce over long distances.
The advantage of the water transportation over road transportation was that water transportation was faster than road transportation.
Water transport refers any form of transport that takes places on body of water. This is very effective because there are usually no hindrance to vessel movement on sea, ocean, rivers etc
The road transport entails the form of transport that take place of the road.Hence, the advantage of the water transportation over road transportation was that water transportation was faster than road transportation.
Therefore, the Option F is correct.
Missing option include "F. water transportation was faster."
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The CPI of a country in October is given to be 210. In November, the CPI rises to 220. What is the rate of inflation from October to November? Round
your answer to the nearest tenth of a percent if necessary. (1 point)
O 10.0%
O 4.8%
O 1.0%
O 4.5%
Answer:
4.8%
Explanation:
The rate of inflation is 4.8%.
Given that,
The CPI of a country in October is given to be 210. In November, the CPI rises to 220.
Based on the above information, the calculation is as follows:
= (220 - 210) ÷( 210)
= 4.8%
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_ entail(s) the tendency of customers to do nothing or remain locked in on decisions or behaviors they have already made or are living out.In a marketing context, _______________ entail(s) the tendency of customers to do nothing or remain locked in on decisions or behaviors they have already made or are living out.
There are different aspect to marketing. In a marketing context, Inertia entail(s) the tendency of customers to do nothing or remain locked in on decisions or behaviors they have already made or are living out.
Inertia is simply known as a term that often shows the ability of a physical object to not want change and therefore resist it as much as possible.
In marketing, it is known to be a word used to show when businesses do not work or change their marketing strategies so as to meet growing consumer demands etc.
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In a __________ bond, the arrestee hires a bail agent who posts the amount required and charges a fee for services rendered.
Answer:
bail
Explanation: