Debit your Interest Expense account and credit your Accumulated Interest Payable account to record the accrued interest throughout an accounting period.
What type of adjustment is interest payable?Interest Payable is a liability account that shows how much money the company owes in interest as of the balance sheet date.
Accountants understand that if a corporation has a balance in Notes Payable, it should record some amount in both Interest Expense and Interest Payable.
Thus, Accumulated Interest Payable account to record the accrued interest .
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Which of the following is not a characteristic of a Successful Resume?
Select 1 correct answer(s)
Question 15 options:
Focuses on skills. Uses action words to define the responsibilities of your job-related experience.
Easy to read and understand
Visually powerful and free of gimmicks
One page, or at most 2 pages long
Spelling & grammar has been checked
Must always be 100% true
It must be handwritten
The option that is not a characteristic of a successful resume is that It must be handwritten.
What are characteristics of successful resumes?They are written in such a way that they are easy to read and have correct and checked spelling and grammer. The details within should be completely true and it should be free of gimmicks.
It is not important that the resume is handwritten, in fact, it shouldn't be handwritten at all but rather typed.
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For a general sense of how one organization's monetary incentives relate to other organizations in the same industry, managers can compare
A) pay levels.
B) pay structures.
C) performance appraisals.
D) benefit plans.
E) employee perks.
For a general sense of how an organization's monetary incentives relate to other organizations in the same industry, managers can compare: B. pay structures.
What is a pay structure?A pay structure can be defined as a financial system or payment plan that defines the amount of money that is being paid to the employees working in a business organization with respect to their job roles (positions) and the value they add to the organization.
This ultimately implies that, managers can compare pay structures so as to enable them have a general sense of how their organization's monetary incentives relate to other organizations within the same industry.
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A trademark is an exclusive right granted to its owner to publish and sell a musical, literary, or artistic work during the life of the creator plus 70 years. Group of answer choices true false
It is "False" that a trademark is an exclusive right granted to its owner to publish and sell a musical, literary, or artistic work during the life of the creator plus 70 years.
What do you mean by Trademark?A trademark is a type of intellectual property consisting of a recognizable sign, design, or expression which identifies products or services of a particular source from those of others,
Copyright to create works such as literary books, music albums, films, animated media, and so on.
Copyrights protect creative or intellectual works, and trademarks apply to commercial names, phrases, and logos.
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(17) What are the 3 predominant areas of a market opportunity analysis that we must take into consideration as Marketing Managers?
Understanding the strength weaknesses, opportunities and threat that a business is prone to are crucial during the market opportunity analysis
Predominant areas of a market opportunityMarketing opportunity analysis is crucial for marketing managers to analyze in order to move past their competitors
Some of the things that we must take into consideration as Marketing Managers include
Defining the market intend to breakthroughUnderstanding the need of the customers prior to productionCarrying out the SWOT analysis.Knowing the strength weaknesses, opportunities and threat that a business is prone to are crucial during the market opportunity analysis.
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During the ________ stage, various elements of the marketing mix must be developed for testing such as copyrights, tentative advertising copy, packaging, labeling, and descriptions of a target market.
During the Goals and Objectives stage, various elements of the marketing mix must be developed for testing the copyrights and tentative advertising copy.
What is marketing mix?marketing mix serves as the term that describes anyone that is directly or indirectly involved in the business side of the enterprise.
Conclusively, at the Goals and Objectives stage, testing the copyrights and tentative advertising copy is important for the future of the business.
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If $200 is deposited in a savings account at the beginning of each of 15 years and the account draws interest at 8% per compounded annually, the value of the account at the end of 15 years will be nearly:
The value of the account at the end of 15 years will be nearly is $2,760.
What is a savings account?A savings account is an interest-bearing deposit account held at a bank or other financial institution. These accounts offer relatively low interest rates, but their dependability and security make them a great option for keeping money on hand for emergency needs.
This is one of the best kinds of savings accounts for maximizing the growth of your money. Online banks commonly provide several sorts of high yield savings accounts to tempt depositors who want to earn a greater interest rate than what is provided at brick-and-mortar banks and credit unions.
The three most common types of savings accounts are regular deposit, money market, and certificates of deposit.
Thus, it is $2,760.
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A media company acquires a film production company, a film editing firm, and a film distribution firm. By owning different stages of movie making, the company is ________ integrated.
By owning different stages of movie making, the company is vertically integrated.
What is vertical integration?Vertical integration can be regarded as process that involves acquiring business operations towards identical production.
It is also the merger of companies that are operating in same business even though they have different stages of production or distribution
Hence, by owning different stages of movie making, the company is vertically integrated.
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Which factors did you include in your response? Check all that apply.
Option A is not possible, because I do not have enough money saved.
Option B is not a good choice, because it is over my budget.
Option C is the best choice for my budget.
You can choose anything it wont matter
Option C is the best choice for my budget.
Answer:
All of the above
Explanation:
One of the disadvantages of using customer value propositions is that they are complex and difficult to understand. True False
It is false that using customer value propositions is that they are complex and difficult to understand.
What is customer value proposition?Customer value proposition is a type of business statement that entails detailed information why a customer need to buy a product or use a service. The main target of customer value proposition is their potential customers rather than other groups like employees, partners or suppliers.
Therefore, It is false that using customer value propositions is that they are complex and difficult to understand.
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Peng Company is considering buying a machine that will yield income of $2,100 and net cash flow of $19,500 per year for three years. The machine costs $59,700 and has an estimated $7,500 salvage value. Compute the accounting rate of return for this investment.
The accounting rate of return for this investment given its income, cost of the machine and the salvage value is 8.05%.
What is the accounting rate of return?The accounting rate of return is a capital budgeting method used to determine the level of profitabiliy of an investement.
Accounting rate of return = Average net income / Average book value
Average book value = (cost of equipment - salvage value) / 2
Average book value = (59700 - 7500) / 2 = $21,600
Accounting rate of return = $2100 / 21600 = 8.05%
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Gina wanted to tell her employees about an upcoming seminar, but she put the flyer in a stack of papers and forgot about it until after the deadline, so none of her employees were able to sign up for the seminar. What type of barrier has occurred in this situation
Gina wanted to tell her employees about an upcoming seminar, but she put the flyer in a stack of papers and forgot about it until after the deadline. The event paints a picture of a sender barrier.
What is the sender barrier?Generally, the Sender barrier can be defined by the following; The are the sender barriers Inadequate knowledge or thoughts about the receiver.
In conclusion, the type of barrier that has occurred in this situation is the sender barrier.
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The reserve ratio equals 2 percent. The Fed buys $1 million in U.S. government securities. The most the money supply can increase is a. $10 million. b. $40 million. c. $50 million. d. $100 million.
If the Fed buys $1 million in U.S. government securities. The most the money supply can increase is: c. $50 million.
Money supplyUsing this formula
Mioney supply=Government securities/Reserve ratio
Where:
Government securities=$1 million
Reserve ratio=2% or 0.02
Let plug in the formula
Money supply=$1 million/0.02
Money supply=$50 million (Increase)
Therefore the most the money supply can increase is: c. $50 million.
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Why do corporations pay attention to what is happening to their stock in the secondary market
Answer:
The existence of the secondary market makes their stock more liquid and the price in the secondary market sets the price that the corporation would receive if they choose to sell more stock in the primary market.
Explanation:
Which two main categories can an organization fall into that would require them to comply with hipaa rules?.
The main categories that an organization can fall into that would require them to comply with hipaa rules are covered entities and business associates.
What is HIPAA rule?HIPAA rule simply means national standards to protect individuals medical records and other health information.
In this case, the main categories that an organization can fall into that would require them to comply with hipaa rules are covered entities and business associates.
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Gretchen works for Securitas Financial Group, but she seldom sees the inside of the offices. Instead, she does most of her work in a home office she put together in a spare bedroom. Her computer is linked to Securitas's office, so her work is distributed as quickly and efficiently as if she were at the office. Gretchen is one of the increasing number of workers who
Since Gretchen does most of her work at home and seldom go to office, Gretchen have become independent contractors.
Who is an independent contractor?An independent contractor serves as a self-employed person, who is a consultant that provides services to other organization.
Therefore, under Common law principles, independent contractor can be regarded as a status involving method of payment.
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Contracted parties discharge their obligations by doing what they respectively agreed to do under the terms of an agreement; this is called discharge by ______.
If Contracted parties discharge their obligations by doing what they respectively agreed to do: this is called discharge by performance
What is Discharge by performance?Discharge by perfomance can be defined as the process in which a parties in a contract agreed to carryout or agreed to perform their duties based on the terms of their agreement.
By doing so the parties has fulfil their obligation based on their contract agreement which is know as discharge of performance.
Therefore this is called discharge by performance
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What is the term for assets that can be quickly and easily converted to cash? A. non-liquid assets B. liquid assets C. liabilities D. deficits
1. D
Explanation:
Hope it helps youThx
Answer: Liquid Assets
Explanation: Just took the final
Select all the correct answers. which of the following statements are true? economic stability means fair distribution of goods in an economy. full employment is a macroeconomic goal. inflation is a fall in the prices of goods and services. inflation is a rise in the prices of goods and services. microeconomics studies the economy as a whole.
The goals of macroeconomics are economic growth, full employment, and price stability. Options 2 and 4 are True.
What are the objectives of macroeconomics?The majority of other countries have three main macroeconomic objectives: economic growth, full employment, and price stability. The economic well-being of a country is dependent on carefully defining these goals and selecting the best economic policies to achieve them.
A macroeconomic goal is full employment. TrueInflation is defined as an increase in the prices of goods and services. TrueTherefore, options 2 and 4 are true.
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Answer:
2 and 4 are corect i got a 100
Explanation:
A presentation in the sales process is designed to match the benefits of a product to the client's ______.
Answer:
needs
Explanation:
Suppose that the central bank increases interest rates in an economy. How would this affect aggregate demand and inflation
Answer:
aggregate demand would fall and inflation would fall
Explanation:
Increases in the Gross National Product best indicate increasing economic ..... (1 point)
growth
security
freedom
efficiency
Answer:
growth
Explanation:
look at the lesson again and take more note because it tells you in the lesson.
While the straight-line method of amortizing bond premium or discounts keeps the amortization equal over the life of the bond, the effective interest method keeps the __________ equal over the life of the bond.
Which of the following is an example of nonverbal communication? shaking hands to greet a supervisor writing an email to a coworker talking on the telephone to a customer listening to a presentation at a meeting
Answer: shaking hands to greet a supervisor.
Explanation:
nonverbal communication is communication through a nonverbal platform. I.e eye contact, facial expressions, gestures, etc.
All of the following are forms of nonstore retailing EXCEPT: Group of answer choices telemarketing. factory outlets. direct selling. television home shopping.
Factor Outlets and Direct selling are not the forms of Nonstore retailing as they form part of direct selling.
What is Nonstore Retailing?Nonstore retailing is the sale of goods and services outside the boundaries of the retail space. A common term that describes sales that take place outside stores and shops.
Institutions in this subdivision include mail ordering houses, vending equipment operators, real estate sales, door-to-door sales, party systems sales, e-commerce, and portable real estate sales.
Thus, Factor Outlets and Direct selling are not the forms of Nonstore retailing as they form part of face-to-face selling.
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Journal entry for purchased goods from ABC Co. for Rs. 11,000.
Answer:
purchase A/c. Dr. Rs.11,000
To ABC CO.A/c. Rs.11,000
(being goods purchased in cash)
Camilla is a PR specialist for Kia Motors, which plans to open a new plant in the city of Knoxville, Tennessee. The city council is requiring Kia to present a detailed environmental impact statement showing exactly how they expect social, natural, and economic environments to be affected. This requirement is the result of a
The requirement for Kia to present a detailed environmental impact statement on its operation is as result of Tennesse's high uncertainty-avoidance culture.
What is a high uncertainty-avoidance culture?These are society that have long histories of being conservative and resistant to the introduction of new ideas and concepts.
Because of their nature, they requires KIA to present a detailed environmental impact statement on its operation to know how they should expect social, natural, and economic environments to be affected.
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You sell tacos that cost $2 to produce. You sell them for $4. Your markup on cost, expressed as a percentage, is:
If you sell tacos for $4, when they had a production cost of $2, this is a markup percentage of 100%.
What is the markup percentage of the tacos?This can be found by the formula:
= (Selling price - Cost price) / Cost price x 100%
Solving gives:
= (4 - 2) / 2 x 100%
= 2 / 2 x 100%
= 1 x 100%
= 100%
In conclusion, the markup is 100%.
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According to the census bureau, the u. S. Population is projected to grow by 78 million between 2017 and 2060. The native population is projected to increase by 20 percent while the foreign-born population is expected to grow by what percent?.
Between 2017 and 2060, the growth in the U.S. population will be accounted for by a growth in the foreign-born population of 85%.
How will the American population change by 2060?The census bureau believes that the U.S. population will change by more than 78 million by 2060.
Out of this number, the foreign-born population of the nation which includes immigrants and their children, will comprise of 85%.
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What characteristics of an organizational structure and culture are best suited to achieving a cost-leadership strategy
An informal type of organizational structure is one best suited for achieving a cost-leadership strategy especially when the managers is promoting innovation.
What is a cost leadership strategy?This is a cost strategy that relies on a firm's ability in using a lower costs of production to offer quality products at low prices.
These type of strategy is best achieved with an informal type of organizational structure & culture.
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Major investments in either tangible long-term assets such as land, or intangible assets such as patents are considered to be ______ expenditures.
Answer: Capital Expenditure
Explanation: