Answer:
False because you only go and check your account you don't deposit anything only if you want
The desire to earn a profit is called
A) making smart decisions
B) profit motive
C) business
D) entrepreneurship
Answer:
profit motive
Explanation:
on gawd
The nature of a company and its goals and products are defined by
O A. its vision, mission, and values statements
B. its annual report to stockholders
C. its brand image
D. its strategic and historical plan
Answer:
The Awnser is A
Explanation:
A companies goals and products are defined by its vision, mission, and values statements. Goals are achieved by having a organized plan (vision).
Lyon Company had the following transactions: Apr. 8 Issued a $6,000, 60-day, six percent note payable in payment of an account with Bennett Company. May 15 Borrowed $40,000 from Lincoln Bank, signing a 60-day note at nine percent. Jun. 7 Paid Bennett Company the principal and interest due on the April 8 note payable. Jul. 6 Purchased $14,000 of merchandise from Bolton Company; signed a 90-day note with ten percent interest. Jul. 14 Paid the May 15 note due Lincoln Bank. Oct. 2 Borrowed $30,000 from Lincoln Bank, signing a 120-day note at nine percent. Oct. 4 Defaulted on the note payable to Bolton Company. Required a. Record these transactions in general journal form. b. Record any adjusting entries for interest in general journal form. Lyon Company has a December 31 year-end. Round answers to nearest dollar. Use 360 days for interest calculations.
Answer:
Lyon Company
General Journal with adjusting entries for interest expense:
Date Account Titles Debit Credit
Apr. 8 Accounts payable
(Bennett Company) $6,000
6% Note payable (Bennett Company) $6,000
To record the issuance of a 60-day note at 6% interest.
May 15 Cash $40,000
9% Note payable (Lincoln Bank) $40,000
To record the issuance of a 60-day note at nine percent.
Jun. 7 6% Note payable
(Bennett Company) $6,000
Interest expense $60
Cash $6,060
Jul. 6 Inventory $14,000
10% Note payable (Bolton Company) $14,000
To record the purchase of inventory by issuing a 90-day note.
Jul. 14 9% Note payable
(Lincoln Bank) $40,000
Interest expense $600
Cash $40,600
To record the full settlement of the note with interest.
Oct. 2 Cash $30,000
9% Note payable (Lincoln Bank) $30,000
To record the issuance of a 120-day note at 9% interest.
Oct. 4 10% Note payable
(Bolton Company) $14,000
Interest expense $350
Accounts payable (Bolton Company) $14,350
To record the default on payment of the note payable.
Explanation:
a) Data and Analysis:
Apr. 8 Accounts payable (Bennett Company) $6,000 6% Note payable (Bennett Company) $6,000 60-day
May 15 Cash $40,000 9% Note payable (Lincoln Bank) $40,000 a 60-day note at nine percent.
Jun. 7 6% Note payable (Bennett Company) $6,000 Interest expense $60 Cash $6,060
Jul. 6 Inventory $14,000 10% Note payable (Bolton Company) $14,000 a 90-day note
Jul. 14 9% Note payable (Lincoln Bank) $40,000 Interest expense $600 Cash $40,600
Oct. 2 Cash $30,000 9% Note payable (Lincoln Bank) $30,000
a 120-day note
Oct. 4 10% Note payable (Bolton Company) $14,000 Interest expense $350 Accounts payable (Bolton Company) $14,350
Which of these describes information that can appear in a consumer’s credit report?
A. The name of a company that gave the consumer a car loan two years ago
B. The amount of money that the consumer loaned to a family member
C. The amount of money the consumer will need to borrow in the next five years
D. The name of a store where the consumer pays cash for all purchases
Answer:
A. The name of a company that gave the consumer a car loan two years ago
Explanation:
A credit report is the statement that contains the information related to your credit activity & the present credit situation like history of loan payment, the status of your credit accounts. This would help lenders to use these reports whether they will give you loan and if they are agree than what rate of interest they would offer you
So according to the given situation, the option A is correct
The accumulated benefit obligation measures Group of answer choices the level cost that will be sufficient, together with interest to provide the total benefits at retirement. the pension obligation on the basis of the plan formula applied to years of service to date and based on existing salary levels. the pension obligation on the basis of the plan formula applied to years of service to date and based on future salary levels. the shortest possible period for funding to maximize the tax deduction.
Answer:
the pension obligation on the basis of the plan formula applied to years of service to date and based on existing salary levels
Explanation:
Accumulated benefit obligation (ABO) is the nearest amount that represent the liability pension plan of the company for the time period. It is predicted and depend upon the assumption that the pension plan would be ended on instant basis also it would not considered any increment in the future salary
So according to the options given, it would determined the pension obligation that based upon the plan formula and the same would be applied to service years also it would be depend upon the existing level of salary
Victor is calling on Meridian Cabinetworks. His goal is to sell it a customized profile sander valued at about $3,500. He'd be willing to accept a Meridian purchase of one his firm's ready-made sanders, which sell for $2,000. Victor would really like to get the owner of Meridian to use the sander and to provide his company with a testimonial to help him get sales call appointments with other local wood workers. For Victor, the sale of the less expensive ready-built profile sander is his:
The Alston Inn is managed by Inns, Inc. The management contract requires 6 percent of total revenue to be transferred to the replacement reserves to cover future renovations and equipment replacements. Alston Inn's debt service payment is $10,000 per month. The lodging property has 200 guestbooks, an ADR of $100, and a paid occupancy of 70 percent. Its room revenue is 70 percent of its total revenue and its net operating income is 15 percent of its total revenue. 1.) Determine the Inn's annual total revenue. 2.) Determine the Inn's annual net operating income. 3.) Determine the Inn's debt service coverage ratio for the year.
Answer:
1.) Inn's annual total revenue = $7,300,000
2.) Inn's annual net operating income = $1,095,000
3.) Inn's debt service coverage ratio for the year = 9.13
Explanation:
The room revenue is first calculated as follows:
Room revenue = Number of guestrooms * ADR * Percentage of occupancy * 365 days = 200 * $100 * 70% * 365 = $5,110,000
We can now proceed as follows:
1.) Determine the Inn's annual total revenue.
Annual total revenue = Room revenue / Paid occupancy percentage = $5,110,000 / 70% = $7,300,000
2.) Determine the Inn's annual net operating income
Annual net operating income = Total revenue * 15% = $7,300,000 * 15% = $1,095,000
3.) Determine the Inn's debt service coverage ratio for the year.
Debt service coverage ratio = Net operating income / Annual debt service = $1,095,000 / ($10,000 * 12) = 9.13
True or false: Employers pay the same amount of social security and Medicare taxes as the employee pays.
O True
O False
4. Use the Internet to find an online job posting. Try searching a site like careerbuilder.com or monster.com. Then complete the items below. a. List the link to the posting. (1.0 point) b. List at least two requirements of the job. Complete sentences are not necessary. (2.0 points) c. List at least three tasks that are a part of the job. Complete sentences are not necessary. (3.0 points) d. Write 1-2 sentences explaining why or why not this job would be a good fit for you (2.0 points)
Answer and Explanation:
Hello. Brainly does not allow links to be placed in responses, which makes it impossible for me to answer your first question. However, you can find this job vacancy in the careerbuilder when searching for Internet / BDC Director.
Two requirements that this job vacancy requires of possible candidates are: Knowledge of management of social networks and experiences with online sales.
The individual who is interested in this job vacancy, if hired, will have to carry out online and face-to-face sales, perform administrative functions and perform customer service whenever necessary.
This job is not a good option for me, because I have no experience in sales, but this is a very promising job vacancy, with a fair salary and benefits, I believe that if I had the requirements, I would do very well in this type of job.
Answer:
1. https://www.careerbuilder.com/job/J337WK6Y75401Z09WZ9
2. · Ideal to have 1 year experience as a pharmacy technician coordinating activities in an administrative support function.
· Must have valid Pharmacy Technician License
3. Working with patients to explain and educate on medical questions
· Tracking and logging vaccination details into EMR (electronic medical records system)
· Assisting Pharmacist as needed
4. This job would be a good fit for me, because I am compassionate, patient, and pay attention to detail. My mathematical skills are excellent, and like working with a team of health care professionals.
Explanation:
This is so true don’t you think so ???
Answer:
yup
Explanation:
Rick works off commission. He earns 10 percent of all manufacturing equipment he sells. If he made a sale of $9,000, how much was his commission?
$100
$90
$900
$9,000
Answer:
C. $900
Explanation:
Divide your 9000 by 10 and theres your answer 900
Sally owns a $1,000-par zero-coupon bond that has six years of remaining a. What is the expected price of the bond at the time of sale?
Answer:
$647.96
Explanation:
Sue the following formula to calculate the price of the bond at the time of sale
Price of Bond = Face value of the bond / ( 1 + Market interest rate )^numbers of years
Where
Face value of bond = $1,000
Market interest rate = 7.5%
Numbers of years = 6 years
placing values in the formula
Price of Bond = $1,000 / ( 1 + 7.5% )^6
Price of Bond = $647.96
Submit Test 2 Select the correct answer. Martha has recently Jolned a finance firm. She barely requires any supervision or help to perform her work efficiently. Which expectation of her employer does Martha fulfill in the given scenario? ΟΑ. she malntalns professional decorum OB. she is self-motivated she is a team player OD she is reliable
Answer: She is self-motivated
Explanation: Right on Plato
Answer:
B. She is self-motivated
Explanation:
got it right on plato
Which method of payment actually is a form of borrowing money that
needs to be paid back later?*
5 points
O a. Cash
b. Credit Card
O c. Debit Card
O d. Check
Answer:
B. Credit Card
Explanation:
hope this helped
Phil works at a wholesaler that specializes in organic, grass-fed beef. Resellers wanting to purchase from Phil's organization have few options to choose from because its beef products tend not to vary. Phil most likely works for a __________________. a. rack jobber b. specialty-line wholesaler c. general-merchandise wholesaler d. limited-service wholesaler e. limited-line wholesaler
Answer:
b. specialty-line wholesaler
Explanation:
Specialty line wholesalers are the wholesalers that keep specialized products and deal in them. They do not keep diverse products. The limited products are sold and bought in wholesale. The range of products are very narrow. For instance, when a wholesaler deals with products specialized in dairy products, it stands as an example of being a specialty-line wholesaler.
In the given situation, Phil works in a wholesaler that deals with the specialized product off organic, grass-fed beef. Therefore the wholesaler stands to be a specialty-line wholesaler.
Chile is able to grow and harvest grapes and strawberries in the months of October through April, while in the United States such fruit is harvested from April through October. The United States has a much larger manufacturing capacity and ships durable goods such as cars and trucks to Chile. These examples can best be explained by
Answer: the economic principle of comparative advantage
Explanation:
Comparative advantage could be described as an economy's capability to produce a particular product at than the price competitor would offer. A comparative advantage could also be described as handling two jobs but being better in one than the other. One of the jobs could be primary duty while the other is secondary, one fetches income than the other which may or may not fetch an income or having a job that supplements the work you do for the other one
From the paragraph, both America and Chile farm fruit in their various reasons but United State does it better than Chile based on her massive manufacturing industry. The United states comparative advantage is her large manufacturing industry which helps her to be better than Chile in the fruit production.
You have three electricians. Electrician #1 works 20 hours and installs 30 lights. Electrician #2 works 30 hours and installs 35 lights. Electrician #3 works 40 hours and installs 40 lights. Which electrician is the most efficient in installing lights?
Answer:
electricians 1
Explanation:
This covers both the installation of new electrical systems and the modification of existing ones. These include installing new lighting fixtures, so a licensed contractor is required.
What is the role of electricians in installing lights?To ensure that the light fixture will stay in place, they must make sure that it is securely fastened to the wall or ceiling.
In order for the light fixture to have the electricity it needs to function, they will also need to connect the electrical wiring to it.
Unless you have prior electrical experience, you should always hire a licensed electrician for any electrical installation, including installing a light fixture.
Therefore, Electrician #1 works 20 hours and installs 30 lights. Electrician is the most efficient in installing lights.
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Susan is working the night shift and there aren't many people in the store. Her
coworker notices that the cash register has more money than accounted for.
She decides to take the extra money without reporting it. How should Susan
handle this situation ethically?
A. Pretend like she didn't see the money being taken
B. Inform the manager that money was taken from the cash register
C. Tell another coworker what happened and ask him not to tell
D. Ask the coworker to split the extra money with her
Answer: B. Inform the manager that money was taken from the cash register
Explanation:
Ethics simply has to do with knowing what's good and what's bad. Since Susan noticed that her co-worker took the extra money without reporting, the ethical thing to do is to report to the manager.
Pretending not to see what happened, splitting the money with her or telling another co-worker about it but telling the co-worker not to tell anyone are all wrong and not ideal. The co-worker who stole should be reported to the manager.
For the last several months, an employee stays late to finish up work. When
he does this, everyone else has gone home, so he is mostly on his own. This
is a possible sign that he is
Answer: Embezzling
Explanation:
Warby Parker, an online retailer for prescription eyewear, offers a free, try-on at home program for its customers. Customers browse frames on Warby Parker's website and select five pairs they would like to try on. They can then choose to purchase or return the frames. Warby Parker handles all the shipping costs and provides all the return packaging. This relates to the ________ of its products.
Answer:
trialability
Explanation:
Since in the given situation it is mentioned that an online retailer offers for free try for his customers and the customers select five pairs theywant to try. Also they could select either for purchase or return
So here it related to the trail of its products where the customer could see whether the company product provide the satisfaction or not and according to this they take the decision whether to purchase the product or not
Hence, the last option is correct
A women sells a bead bracelet she made. She sold it to her sister.
Answer:
Is that the question????
Explanation:
If your asking a question a can you put the whole question.
Something that's sold has been exchanged for money. When new neighbors buy the house across the street, you'll see a sign appear in its front yard that says "Sold."
What is the meaning of Money?Money is a good that is widely acknowledged as a means of economic exchange. It serves as the medium for expressing values and pricing. It is the primary indicator of wealth since it moves from individual to individual and from country to country, allowing trade.
Any tangible object or verifiable record that's also commonly accepted as payment for products and services as well as the repayment of debts, including such taxes, in a specific nation or socioeconomic setting is referred to as money.
Money is a centralized, widely used, acknowledged form of exchange that makes it easier to exchange goods and services. In an economy, money serves as a medium of trade for a variety of products and services. Governments and nations have different monetary systems.
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Does anyone think im attractive just wanna know lol
Answer:
yes
Explanation:
Answer: yep you are!
Explanation:
What is considered a drawback of a larger school? BRAINLIEST to the right answer
You may get too involved to do your course work well.
Classes may be very large, which can make it difficult to interact with faculty.
It is more expensive than a small school.
It has too many concentrations to choose from
Answer:
"Classes may be very large, which can make it difficult to interact with faculty."
Explanation:
This question really depends on the school itself and the students, but from a business point of view, the fact that your teachers and administration are very hard to reach makes it so you have to fend for yourself in most cases, and in other cases, students are basically free from any punishment or work because of overcrowding.
Answer:
Classes may be very large, which can make it difficult to interact with faculty.
Explanation:
Saw this some after I took the quiz, I figured this answer just from common knowledge.
If possible it is important to thank everyone you met at the company as you leave.
True
False
Answer:
true, always stay positive thank you you deserve more this for 50 points? that's amazing keep it up!
Explanation:
Answer:
False
Explanation: that would be exhausting. But for interviews it would be wise to thank them
An article in the New York Times about J.C. Penney's pricing strategy under former CEO Ron Johnson observes: "Penney had pulled up the anchor, only to see many of its customers sail away." Source: Stephanie Clifford and Katherine Rampell, "Sometimes We Want Prices to Fool Us," New York Times, April 13, 2013. In behavioral economics, an "anchor" is A. linking the price of one product to another product. B. relating an unknown value or price to another similar known value or price. C. setting the highest possible price for a product. D. setting the lowest possible price for a product.
Answer:
B. relating an unknown value or price to another similar known value or price.
Explanation:
Anchoring is the term used to describe a phenomenon where individuals after being exposed to a particular figure (in this case a price) tend to subsequently use that figure as a reference point.
Thereby fixing of future prices will be biased towards this figure.
In this instance an anchor was in place and kept the customers loyal. But when Penney pulled up the anchor, many of the ccustomerswent away.
Why is opening a franchise often considered lower risk for an entrepreneur than setting up a new business?Please help me will give brainliest!
Answer:
The opportunity to grow under a famous brand and enjoy the advantages of a larger group of business owners
Explanation:
Opening a franchise is often considered a lower risk for an entrepreneur than setting up a new business because of "The opportunity to grow under a famous brand and enjoy the advantages of a larger group of business owners."
Other benefits to derived include:
1. There is operational support from the franchisor during the lifetime of the business arrangement, which may cover finances, training, accounting, etc.
2. The franchisee's management abilities can be enhanced without extra cost
3. Transactions established on proven and famous brands.
When comparison shopping, all of these hint at a good deal EXCEPT _____________________.
Answer: the sale price is the cheapest available.
Answer is …. there are more positive customer reviews than negative reviews.
Explanation:
Can I please please get help this is do in 10 mins please please help!!!!!!!!
2. What types of things does a hospitality manager do?
3. What courses or information would be helpful for a hospitality manager?
please help
Answer:
2. What is a hospitality manager?
In general, hospitality managers oversee the day to day operations of a hotel or restaurant, which includes managing personnel, ensuring guest satisfaction, and following the appropriate steps to ensure that the facilities are well-maintained. Hospitality managers are also required to oversee the upkeep of financial and administrative records.
3. First, find a good mentor
second Be selective in your hiring
third Focus on leadership, not management
fourth Communicate, communicate, communicate
fifth Listen to your guests
sixth Keep learning
Explanation:
Hope this helps...
Dark colors in clothes are encouraged rather than bright colors, or patterns.
True
False
Answer:
true
Explanation: