Liabilities and stockholders' equity of a company are $50,000 and $150,000, respectively. Determine assets using the accounting equation.

Answers

Answer 1

Explanation:

*Stationary items*

*1) gel pen 3*

*2) Clutch pencil*

*3) eraser/sharpner*

*4) beads pencils*


Related Questions

The following passage would be appropriate for a document aimed at a multicultural audience: Two companies found themselves in the financial equivalent of sudden-death overtime. The first to raise the necessary capital would be the one to survive.a) trueb) false

Answers

Answer: False

Explanation:

This passage would not work on a multi-cultural audience because it uses a culture specific term which is sudden-death overtime.

The term is used by the National Football League for American football which is not a sport that is very popular outside the shores of the United States. A person from Nigeria or even France for instance might have a hard time understanding the reference to sudden-death overtime because they are unfamiliar with the term.

Jamareo has found a "favorable" authority directly on point for his tax question. If the authority is an administrative authority, which specific type of authority would he prefer to answer his question?

Answers

Answer: IRS Regulations

Explanation:

Jamareo has found a "favorable" authority directly on point for his tax question. If the authority is an administrative authority, the specific type of authority would he prefer to answer his question will be IRS Regulation

Treasury Regulations are simply the tax regulations that are issued by the Internal Revenue Service (IRS) of the United. The regulations contained here are the official interpretations of the treasury Department of the Internal Revenue Code.

Determine if the items represent an example of positive economics or normative economics. The richest 1% of americans should pay more taxes than the rest of the 99%. Positive economics normative economics a decrease in the supply of coconut will increase the price of german chocolate cake, a good which requires coconut shavings as a key ingredient. Positive economics normative economics as minimum wage increases, the prices of all goods and services also tends to increase. Positive economics normative economics social welfare spending in sweden occupies too large a portion of the national budget. Positive economics normative economics

Answers

Answer:

A. Normative Economics

B. Positive Economics

C. Positive Economics

D. Normative Economics

Explanation:

Positive Economics  is objective and statements are usually based on facts and economic theory. They can be tested.

For example, an increase in input would lead to a decreases in supply of the good is based on economic theory and facts. An increase in input would increase the cost of production and this would discourage sellers from producing.

Normative economics s based value judgements, opinions and perspectives. For example, the statement - social welfare spending in Sweden occupies too large a portion of the national budget - is based on opinion. To some the expenditure might be even too small. There is no economic theory that can be used to determine if this expenditure is too large or small

Joel klippert says he pays himself last, after he pays his vendors and employees. explain this decision in terms of the principle of business profit. do you agree with his payment priorities?

Answers

Answer with Explanation:

Paying employees and the vendors is necessary because they are very important stakeholders of the company. The company must manage its vendors and must not surpass the agreed credit period and credit allowed. If the company is properly managing its vendors then it is most likely that the company will taking maximum benefit out of it by increasing its credit period or credit allowed amount or both. This lower the working capital investment and thus would save the cost of financing the working capital, and hence the business profit would be increased. This means that the effective management of vendors increases business profit.

On the other hand, if we are not paying the employees in time then it will lower the motivation of the employees which would affect their productivity as well. Hence it is better to keep them motivated because it increases it productivity and also lowers employee turnover.

The impact of these decision would might seem that it has decreased the profit but employee cost are both fixed cost (salaried) and variable cost (wages) which means the fixed will remain the same but if the wages are growing then it is a sign of increased production. Hence we must pay them in time irrespective of business profit.

Which approach to measuring fair value uses information from actively traded stock on the New York Stock Exchange?

Answers

Answer:

Fair Value Measurement Approach:

Market approach

Explanation:

Fair value can be measured using any of the three approaches recognized by the standard.  They include the market approach, the cost approach, and the income approach.  The market approach particularly uses information from the market prices of similar stock to measure the fair value of a particular stock, after adjusting for minor differences.  Like the other two methods, the market approach is consistent with the  going concern assumption.

IT professionals have a responsibility to set up computers with the proper safeguards. Which of the following is a safeguard that can be installed on a computer? Check all of the boxes that apply. malware protection antivirus software spyware protection anti-firewall protection

Answers

Answer:

✅malware protection

✅antivirus software

✅spyware protection

Explanation:

It is very important for IT professionals to safeguard computers. They have a responsibility to set up computers with the proper safeguards. Some of those safegaurds are:

malware protection, antivirus software and spyware protection.

Malware protection helps to keep and defend the computer against malicious software.

Antivirus software is usually a class of program which are installed in a computer to protect, prevent, detect and also remove malware infections.

Spyware protection gives the computer protection against unnecessary spying while you are surfing the internet.

Answer:

“Malware protection”, “Anti-virus software”, and “spyware protection”

Explanation:

he town of Rock River decides to put a new road through the middle of town to increase tourist traffic. To build the road, the town must tear down a number of buildings. It sends a note to the buildings' owners, telling them to vacate the premises within 24 hours. It is

Answers

Answer:

the due process clause

Explanation:

It is likely that the town has violated the due process clause of the Constitution. This is a clause found in the fifth and fourteenth amendments to the United States Constitution and ultimately acts as a safeguard from arbitrary denial of life, liberty, or property by the government outside the sanction of law. Which the government is violating since they cannot just simply decide to tear down buildings and force individuals to vacate.

Your friend is starting a company and wants to identify the job their product will do for people. What advice would you give them

Answers

Answer:

they should make a google doc or slides and inform them with if

The ideal advice in this situation would be to put a plan in place to interview your first customers after they buy from you.

How to start a new business?

It is essential that the entrepreneur carries out business planning to identify the ideal actions to achieve his goal. Market research is also effective in identifying the needs and wants of potential consumers before starting a new business.

Therefore, conducting surveys with the first customers can help the entrepreneur to identify feedback on products and services, increasing their knowledge and coordination of the business.

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For the situation in exercise 8, fashion an equitable remedy that might encourage cracked mirror to decide to keep its commitment to play at your prom.

Answers

Incomplete question. Here's the full text;

Cracked Mirror, a locally well-known rock group, contracts to play for your high school prom. A week before the dance, the group cancels its appearance. A teacher finds out that the band took the opportunity to perform in a concert that will pay them $800 more. The class president’s mother is an attorney and offers her services to the school.....In the question above, could you fashion an equitable remedy that might prompt Cracked Mirror to decide to keep its commitment to play at your prom? (Certain remedies that may come to mind could violate portions of the U.S. Constitution and therefore could not be pursued.)  

Explanation:

A good remedy that comes to mind is the equitable remedy of Specific performance. The remedy of Specific performance is usually issued by a court order requiring a party to perform a specific action, as obliged in a contract.

Thus, by suing Cracked Mirror rock group to pay monetary damages for its failure to perform could prompt them to keep its commitment to play at your prom, especially when the damages involves a significant amount.

Mary is a line cook at a restaurant and unknowingly has a highly contagious disease, "Syfoid." She hasn’t shown any symptoms herself, but she has passed it through the food she handles to several customers who later died. The Center for Disease Control (CDC) traced the disease back to Mary and order her to "appear for testing and treatment as well as to cease all handling of food." When Mary refuses, the CDC and law enforcement arrive at her home and forcibly take her to a hospital where she is quarantined though she was not charged with any crime. Several months later Mary has still not been released from quarantine because she is still communicable, however, she has never been provided an opportunity to contest her quarantine. In the meantime, Mary lost her job. Has any of Mary’s fundamental rights been violated?
a. No, because she is a threat to the health and safety of the community.
b. Possibly, because she was deprived of her liberty without due process.
c. Yes, the government violated her right to equal protection.
d. No, because she has not been charged with any crime.

Answers

Answer: b. Possibly, because she was deprived of her liberty without due process.

Explanation:

Mary has a Constitutional right to due process which means that she should get the opportunity to contest her quarantine. This right is enshrined in the 5th Amendment which asserts that the Federal Government may not deprive a person of their freedoms without due process.

The CDC as a Federal Government arm even when acting in the interest of the people, should give Mary the chance to contest her quarantine so that she may at least see for herself that she might indeed be the source of a deadly disease.

All employers are required by law to provide certain benefits to their employees. An example of such a benefit would be

Answers

Answer:

B) workers compensation insurance

Explanation:

Workers compensation insurance refers to an insurance which is developed to protect, safe the employee against  their liabilities with respect to the injuries suffered at the time when they are in the course of their employment

So by law this insurance is provided so that it could provide the benefits to all the employers

Therefore the benefit here we called as workers compensation insurance

hence the correct option is B.

A consumer will use one of three general problem-solving variations, extended, limited, or routine, based on product knowledge and

Answers

Answer: level of involvement

Explanation:

It should be noted that when people want to purchase a product, they usually look for information themselves or probably seek informations from those close to them such as friends and family.

It should be noted that a consumer will use one of three general problem-solving variations, extended, limited, or routine, based on product knowledge and level of involvement.

After cost overruns of the solar project, $10 million was already spent and unrecoverable. It was going to cost $12 million more in order to complete the project, and now society somehow needs to make the rational choice to

Answers

Answer:

a. continue with the project provided that the additional solar electricity is worth more than $10 million.

Explanation:

Here are the options to this question :

a. continue with the project provided that the additional solar electricity is worth more than $10 million.b. continue with the project provided that the additional solar electricity is worth more than $32 million.c. continue with the project provided that the additional solar electricity is worth more than $22 million.

The $10 million is the sunk cost. Sunk cost is cost that has already being incurred and cannot be recovered. It should not be considered when making future economic decisions.

In making the decision to continue the project, the value of the project should be more than $10 million

The organization that is primarily responsible for developing GAAP for use by all U.S. companies is the:

Answers

Answer:

C. FASB

Explanation:

The FASB refers to the Financial Accounting Standards Board that is an independent non profit organization who is responsible for developing accounting and finance related standards for reporting with respect to companies and non profit organization in the United states that followed GAAP

So as per the given situation, the option C is correct

Any given demand or supply curve is based on the ceteris paribus assumption that ___________________.

Answers

Answer:

All else is help equal, is the right answer.

Explanation:

“All else is help equal” is the correct answer because the demand curve is downward sloping and the supply curve is upward sloping. Here, the relationship between the price and demand is negative that means a rise in price leads to a fall in demand or vice versa. Similarly, in the case of supply, the price and supply are positively related that means a rise in price leads to a rise in supply or a fall in price lead to a fall in supply.  

When more resources are added, the additional output that these resources produce decreases. This is called the:

Answers

Answer:

law of diminishing returns.

Explanation:

The law of diminishing returns refers to decrease or fall in the marginal productivity i.e. if one input of the production rises, while all other inputs would remain fixed

Since in the question it is mentioned that when at the time resources are added an extra output that produced would be decreased so this is we called as law of diminishing returns and hence the same is to be considered

As a component of the marketing plan, the executive summary Multiple Choice is a concise affirmation of the firm’s long-term purpose. is the primary influence on a firm’s overall marketing strategy. provides a standard to ensure that the business never strays too far from its core goals and values. provides employees with a shared sense of ambition, direction, and opportunity. should be completed after the rest of the marketing plan has been completed.

Answers

Answer:

should be completed after the rest of the marketing plan has been completed.

Explanation:

An executive summary refers to the report which is a summary report of several vital business reports. It basically consolidates all the business planning and operation reports into one single report.

As the reader shall get the major details of all the functions of the company planned and executed, and need not go through all the reports separately.

This shall save the time of readers as this reports are usually prepared for directors, owners and CEO's in order to save their important time and work more efficiently on business performance.

This is therefore prepared after all the plans are made, accordingly even after the marketing plan as this ensures summary of all the plans.

The executive summary is a component of the marketing plan that should be completed after the rest of the marketing plan has been completed, as it corresponds to the summary of all reports contained in the plan to simplify the reading of the main points of each process.

Marketing plan

It corresponds to a document with the necessary actions for a company to reach its objectives and marketing goals that will help it to be competitive and positioned in the market.

Therefore, the executive summary corresponds to a summary report of all the key points of the marketing plan, helping senior management to make faster and more effective decisions according to the summary.

The correct answer is:

Should be completed after the rest of the marketing plan has been completed.

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Corporate procurement, also called corporate purchasing, deals with the transactional elements of buying products and services by an organization for its operational and functional needs.a) trueb) false

Answers

Answer: True

Explanation:

Cooperate procurement could be defined as the process where a firm or organization buys materials needed for projects and other items that would be useful in the organization. This is handled by the procurement department of the organization, every other department would tender items that her needed to be purchased, when these items are approved by the management, the procurement department either contacts it's vendors or acquire the items by themselves.

A specialist in the HR department is invited to promote the cybersecurity program in community schools. Which three topics would the specialist emphasize in the presentation to draw students to this field

Answers

Answer:

The answer is below

Explanation:

In a given situation like the one presented in the question, it is believed and expected that three topics in which the Human Resources specialist in the area of the cybersecurity program, would emphasize in the presentation to draw students to this field are the following:

1. It has a high earning potential

2. it is a career field in high demand

3. It is a service to humanity

The three  topics would the specialist emphasize in the presentation to draw students to this field should include

1. It has a high earning potential

2. it is a career field in high demand

3. It is a service to humanity

The following information should be considered:

The specialist can draw the students' attention to this field. This career is well-paid  because it has a potential for earning a lot of money, also the services are provided  

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Which of the following describes the growth part of the business cycle?

Answers

When the business is just starting. This is the second stage of a business cycle

The second stage describes the growth part of the business cycle.

What is business cycle?

The term “business cycle” refers to the expansion of a business as well as the rise and fall of the economy. The business cycle refers to the various economic factors such as interest rates, investment, the trading system, profit, and production costs.

There are the four fundamental stages of the business cycle, such as first is expansion, second is peak, third is contraction, and last fourth is trough. The second stage, the peak stage, was the growth of the maximum rate of business. The peak simply means the imbalance of the economy that needs to be corrected at the right time.

As a result, the business cycle was the second stage of the peak related to the growth.

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Jessica Marshall, the CEO of ABD Oil Drilling Inc., decides to set aside an amount of $10,000 from the company's annual profits to donate to local nonprofit organizations although the company already meets the mandated government requirement of contributing 4 percent of the company's revenue for social benefits. This donation by ABD Oil Drilling Inc. is an example of:

Answers

Answer:

corporate philanthropy.

Explanation:

Corporate philanthropy refers to an act done by a corporation or business organization with a motive to promote the welfare of a society by charitable donations of funds

Since in the question it is mentioned that the Jessica already aside the amount of $10,000 for the nonprofit organization and already it meets the requirement of government to contribute 4% of the company revenue for the social benefits

So this given situation represents the corporate philanthropy.

An insurer gathers the information it needs for underwriting from what form submitted by the individual?

Answers

Answer:

Application

Explanation:

In the insurance process, the application is considered to be the basic source of information for the insurer, it is a form in which the individual applying for coverage, must fill and submit them accordingly. The information gotten from the application is then used by the insurer to perform the underwriting process. It is often attached as part of the insurance contract.

Hence, in this case, the correct answer is referred to as APPLICATION

In an open listing, the first broker to find a buyer who agrees to all the terms and whose offer is accepted by the seller is the __________ of the sale

Answers

Answer:

point of the sale

Explanation:

The broker is an intermediary person who makes efforts to meet buyer with the seller. The sellers and buyers agree to the terms of the sale and then broker proceeds the deal. In case of any problem during the deal the broker is held responsible for solving the matter. There can be dispute between buyer and seller for which terms are mentioned and agreed by both of them before the deal is finalized.

The first broker to find a buyer who agrees to all the terms and whose offer is accepted by the seller is the Offer is accepted by the seller is the point of the sale.

An open listing agreement is the one in which the seller retains the right to employ any number of brokers as agent.

Here, the broker act as an intermediary between the buyer and seller of the property. He makes efforts to connect buyer with the seller.

When an agreement has been reached between the sellers and buyers, the broker facilitate the deal and also settles dispute that might arise between them.

Therefore, the first broker to find a buyer who agrees to all the terms and whose offer is accepted by the seller is the point of the sale

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Identify some of the reasons why Congress passed the Sarbanes-Oxley Act.
A) To decrease management's responsibility of the accounting reports issued by the company
B) To help stop financial abuses at companies that issue their stock to the public
C) To require public companies to document and verify their internal controls.

Answers

Answer: C) To require public companies to document and verify their internal controls.

Explanation:

The Sarbanes-Oxley Act was passed in the year 2002 and represented an unprecedented increase in influence of the Government on the activities of public companies.

Passed in the aftermath of several financial scandals such as the Enron and Worldcom scandals, SOX as it is usually referred to, aimed to make companies more accountable for their actions by amongst other things, requiring that they document and verify their internal controls and made it the responsibility of senior management to ensure that it was done.

A customer asks a technician for a device that has the capability to easily connect a laptop to an external monitor, keyboard, mouse, and charge the battery.Which of the following devices should the technician recommend to the customer?A. LightningB. KVM switchC. USB 3.0D. Docking station

Answers

Answer:

D. Docking station

Explanation:

Docking station is the device that has the capability to easily connect a laptop to an external monitor, keyboard, mouse, and charge the battery. It is a device that provides same functionality as port replicator but has extra slots for connecting more peripheral devices. In other words, the device is a simplified way of plugging-in a laptop computer to common peripherals.

The CFO needs information on the risks that may cause the firm to incur substantial losses. Which person in the company would be in charge of maintaining that type of information?

Answers

Answer:

Internal auditor

Explanation:

An internal auditor is a trained professional that has the responsibility of providing concise and precise evaluations on the financial and operational activities of an organization.

The job of an internal auditor involves the following:

1.  review an organization's business processes.

2. evaluation and assessment of risk management procedures that are currently in place in the organization.

3. protect the organization and its finances against fraud and theft of the organization's assets.

From the above stated functions of an internal auditor, it can be seen in the question also that risk information can only be gotten from the internal auditor.

A study of the potential demand for a new hospitality and travel business is called______

Answers

Answer:

market analysis

Explanation:

A market analysis is the studies the dynamics of the study market such that of a potential rise in demands for a new hospitality and travel business. The market analysis is also a part of the global environmental analysis.  It identifies the possible strengths and weaknesses along with the opportunities and threats. It areas include market trends, growth probability, and key success factors.

1. Goals of UAE organizations concerned with the Child Protection Law and the reasons for its inception​

Answers

Answer:

The answer is below

Explanation:

The goals of UAE organizations concerned with the Child Protection Law and the reasons for its inception​ are the following:

1. No Poverty: as a result of poverty in some rural areas which is affecting children's development in UAE, the government has made it official to eradicate poverty in those areas.

2. Education for All: this is to ensure that children of age 6 to 18 or Grade 12, all have access to quality education, so as to boost literacy level in UAE

3. Social Support: this is to ensure those with the lowest income are able to cater to their children and afford a decent life.

is the degree to which an organization achieves its goals. Group of answer choices Effectiveness Contingency Sustainability Efficiency

Answers

Answer:

Effectiveness

Explanation:

Effectiveness is the degree to which an organization achieves its goals. Effectiveness is defined as the level of quality with which a particular task or process is accomplished successfully.  In businesses, a process is said to be effective when it produces the desired output against the set of inputs. A highly effective organization is the one in which its employees perform their duties on time and in the manner in which they are expected to do and thereby, achieving significant business performance.  For example, a sales manager who is able to achieve her sales targets consistently month on month will be said to be performing her duties effectively.

When Terry Doyle of CommuniCom, Inc. created smaller, more independent maintenance units, he was performing the function of:

Answers

Answer:

Organising

Explanation:

Organising is defined is the process of sharing responsibility based on sections and departments. It is also establishment of relationship among between the people involved in a project so that efficiency is ensured.

In this scenario where Terry Doyle of CommuniCom, Inc. created smaller, more independent maintenance units, he is performing organising function by allocating resources in the organisation.

Answer: Organizing

Explanation:

Many organizations split units of the organization from the larger it has been to smaller units. The purpose for this splitting is to aid growth in the organization and keep every activity that would be happening within the firm organized; accessible, and task to be carried out easily.

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