Ivy company purchases a new delivery truck and signs a note payable at the truck dealership for the total cost. the impact of this transaction on ivy company would be to?
Answers
The corporation would raise assets and increase liabilities in accordance with the scenario given the impact of the Ivy Company acquisition.
Define Dealership.A vehicle dealership, also referred to as a ford dealership, is a company that offers new or used cars at wholesale outlets in accordance with a dealership agreement with a manufacturer or its sales subsidiary. It can also move a variety of CPO autos. It employs automobile salespeople to promote its automotive products.
The dealer offers the option to test drive and inspect a variety of automobiles before making a decision, as well as handling state registration, tax collection, and financing arrangements.
It is ready to handle recalls and factory warranty service and will take your used car in trade. The three different types of car dealers are High-Pressure, Bad Debt, and Community Dealers.
To learn more about the Dealership, visit:
https://brainly.com/question/25666771
#SPJ4
Related Questions
what's the difference in canada between an inc, ltd, corp, limited, incorporated, cooperation company?
Answers
In Canada, the terms Inc., Ltd., Corp., Limited, Incorporated, Cooperation, and Company are all used as suffixes in the names of corporations, and they generally have similar legal meanings. Here's a brief overview of the differences:
Inc. (short for "Incorporated"): This suffix is commonly used in the United States, but it can also be used in Canada. It indicates that a corporation has been formed and is a separate legal entity from its owners. This means that the corporation can enter into contracts, own property, and sue or be sued in its own name.Ltd. (short for "Limited"): This suffix is also commonly used in Canada and indicates that a corporation has limited liability. This means that the owners or shareholders of the corporation are not personally liable for the debts and obligations of the corporation beyond their investment in the company.Corp. (short for "Corporation"): This suffix is another term used in Canada and indicates that a business has been incorporated and is a separate legal entity from its owners.Limited: This term is often used interchangeably with "Ltd." and indicates that the corporation has limited liability.Incorporated: This term is another way of saying that a business has been incorporated and is a separate legal entity.Cooperation: This term is not commonly used as a suffix in Canada, but it may be used in the name of certain types of cooperatives, which are member-owned businesses that operate for the benefit of their members.Company: This term is also used as a suffix in the names of corporations in Canada and generally indicates that the business is a separate legal entity from its owners.Overall, the specific choice of suffix is largely a matter of personal preference and does not have a significant impact on the legal status or operations of the corporation.
To know more about company refer to-
https://brainly.com/question/30532251
#SPJ11
drawback in the use of patents to protect investors' rights is that they
a. confer a legal monopoly for a fixed number or years
b. raise the price that the public pays for the products of patent holders during the time they are held
c. a nd b
d. none of the above
Answers
Drawback in the use of patents to protect investors' rights is that they and
A: Confer a legal monopoly for a fixed number of years;
B: Raise the price that the public pays for the goods of patent holders during the time they are held.
Patents are a legal tool used to protect investors' rights by conferring a legal monopoly for a fixed number of years to the inventor or patent holder. The purpose of a patent is to give inventors an incentive to invest time and resources in developing new and innovative products by providing them with exclusive rights to sell and profit from those products.
However, there is a drawback in the use of patents to protect investors' rights. By conferring a legal monopoly for a fixed number of years, patents can raise the price that the public pays for the products of patent holders during the time they are held. This can lead to higher prices for consumers and reduced competition in the market. Additionally, the cost and time required to obtain a patent can also be a barrier to entry for small businesses and startups, limiting competition and innovation in the market.
You can learn more about patents at
https://brainly.com/question/12358486
#SPJ4
Suppose that the market for athletic shoes is initially in equilibrium at point A. Further suppose the demand for athletic shoes increases rapidly during 2020. At the same time, six more firms begin producing athletic shoes. A student remarks that, because of these events, we can't know for certain whether the price of athletic shoes will rise or fall. The student's remarks (that, because of these events, we can't know for certain whether the price of athletic shoes will rise or fall) is
Answers
Answer: Correct. When there is an increase in supply and an increase in demand, the new equilibrium quantity increases but whether the equilibrium price increases or decreases is unknown.
Explanation:
When the demand for the shoes increased, it had the effect of shifting the demand curve to the right. At the same time, with six more firms coming into the market, the supply increased as well which had the effect of shifting the supply curve right as well.
The new equilibrium as a result of these movements will see the quantity increase. However, due to the shift of both the supply and the demand curve in the same direction, it is uncertain if the price will change or not.
The general rule is that if the rise in supply is more than rise in demand then the price will decrease. If they rise by the same amount then price will remain the same. It shows therefore that if both supply and demand rise at the same time, the effect on equilibrium price is unknown.
Which multimedia and interactive elements do you think would best support your viewpoint on the topic you chose for your blog? Write two to four sentences explaining what multimedia and interactivity you will use and why.
Answers
Answer:
I will use images and details from credible websites, which will boost my own credibility and support my claim. I will also use charts and graphs from trusted web resources, such as government and university sites, to make my supporting evidence clear
Explanation:
I took the test
Brainiest???
The Use of videos, audios, and images in the blog will not only make it attractive but also make it credible.
Best Way to Write BlogTo write a credible and attractive blog we need to use multimedia such as videos, images, link of credible websites. We can also use other elements which can autocorrect grammer mistakes, can easily provide best charts and graphs.
The use of these elements can give a better outlook to our blog, and also create a sense of trust and credible information.
Learn More about Blog here:
https://brainly.com/question/898474
HELPP on question 10
Answers
Answer:
land?
Explanation:
Answer:
Land
Explanation:
According to ongoing research by Berlin-based Transparency International, a. corruption in business occurs in roughly 30% of business transactions across the world and the percentage has been steady for the past 5 years. 5 b. business people are more corrupt on average than public officials. c. corruption in business transactions is relatively low across the world but corruption among public officials in a majority of the world's countries is a serious problem. d. corruption in business transactions is a problem in fewer than 15% of the countries of the world, but the percentage is increasing. e. corruption among public officials and in business transactions is widespread across the world.
Answers
Corruption among public officials and in business transactions is widespread across the world. This is the most accurate representation of ongoing research by Transparency International. (Option E)
Corruption among public officials and in business transactions is indeed a widespread issue across the world. Transparency International is an organization that focuses on tracking and combating corruption globally, and their research consistently highlights the prevalence of corruption in both the public and private sectors.
Corruption can take various forms, such as bribery, embezzlement, fraud, and nepotism. It undermines trust, hampers economic growth, distorts fair competition, and affects the overall well-being of societies. Transparency International's research and corruption indices consistently highlight the pervasive nature of corruption in different countries and regions.
While specific percentages or figures may vary, it is widely recognized that corruption remains a significant problem globally. Efforts to address and combat corruption involve promoting transparency, strengthening governance structures, enforcing anti-corruption laws, and fostering a culture of ethics and accountability in both public and private spheres.
Learn more about anti-corruption here:
https://brainly.com/question/1041456
#SPJ11
What is insurance?
ANSWER PLSSS
Answers
Answer:
is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement
Explanation:
which 4 statements are true about the chart of accounts
Answers
The chart of accounts is a vital tool in accounting, and its proper maintenance and usage are necessary for the success of a business.
The chart of accounts is a listing of all the accounts used by an entity. There are different types of accounts, including asset accounts, liability accounts, equity accounts, revenue accounts, and expense accounts. Below are the four true statements about the chart of accounts:
1. The chart of accounts is a systematic listing of all accounts used by an entity. It aids in the organization of financial transactions by separating and categorizing them into accounts.
2. The chart of accounts is a flexible tool that can be customized to fit the specific needs of a company. A company can tailor the chart of accounts to match the industry or size of the business.
3. The chart of accounts assigns a unique number or code to each account, which helps to identify the account quickly and easily. It also ensures that each account is used in a consistent and logical way.
4. The chart of accounts is essential for the proper classification, measurement, and communication of financial information. It ensures that financial statements are accurate and comply with Generally Accepted Accounting Principles (GAAP).
Therefore, the chart of accounts is a vital tool in accounting, and its proper maintenance and usage are necessary for the success of a business.
Learn more about Generally Accepted Accounting Principles here,
https://brainly.com/question/28345482
#SPJ11
ROI stands for return on investment. It is the ratio of incremental profit from an activity over the cost of the activity times 100. If the incremental profit from your ad campaign is $5,000 and the cost of the campaign is $7,500, what is the ROI?
Answers
Answer:
66.7%
Explanation:
ROI stands for return on investment. It is the ratio of incremental profit from an activity over the cost of the activity times 100. If the incremental profit from your ad campaign is $5,000 and the cost of the campaign is $7,500, the ROI is 66%.
What is return on investment?The return on investment estimates the loss and gain generated on the amount of money that is invested. The return on investment) is the percentage to analyze an organization’s profit or the earnings of different investment.
The return on investments estimates what we will receive back as compared to what we have invested. It can be used by a company to estimate inventory investments, pricing policy, capital equipment investments, etc.
If the incremental profit from your ad campaign is $5,000 and the cost of the campaign is $7,500, the ROI is 66%.
Learn more about return on investments here:
https://brainly.com/question/13166641
#SPJ6
Question 1 of 10: after analyzing your menu, you find that food sales are $1,200 and beverage sales are $800. Your average gross margin for food and beverage is 67%. Which is more profitable, food or beverage? a) food b) beverage c) they are the same d) can't tell from the data
Answers
The gross profit for food is $804, which is higher than the gross profit for beverages, which is $536. Therefore, the answer is option (A) food is more profitable.
To determine which is more profitable between food and beverages, we need to calculate the gross profit for each category. Gross profit is the difference between revenue and the cost of goods sold (COGS), expressed as a percentage of revenue. The formula for gross profit margin is:
Gross Profit Margin = (Revenue - COGS) / Revenue x 100%
Given that the average gross margin for both food and beverages is 67%, we can assume that the COGS for each category is 33% of the sales price. Therefore, we can calculate the gross profit for food and beverage as follows:
Gross Profit (Food) = $1,200 x 67% = $804
Gross Profit (Beverage) = $800 x 67% = $536
Based on this calculation, we can see that food is more profitable than beverages. It's important to note that this analysis is based solely on the given information, and there may be other factors that affect profitability, such as the cost of labor, overhead costs, and other expenses. However, based on the information provided, we can conclude that food is more profitable than beverages.
To learn more about gross profit
https://brainly.com/question/16999019
#SPJ4
print item 3 when a company has dividends in arrears on its cumulative preferred stock, only the current year's preferred dividend is deducted in the earnings per share computation.true or false
Answers
The statement "when a company has dividends in arrears on its cumulative preferred stock, only the current year's preferred dividend is deducted in the earnings per share computation" is true as the dividends from prior years have already accumulated, only dividend to be deducted.
A cumulative preferred stock is one that allows unpaid dividends from prior years to accumulate and be paid out before common stock dividends can be paid. If a company fails to make payments it owes preferred shareholders, the amount owed is recorded as dividends in arrears.
Dividends in arrears must be paid in full before the company sets aside any money for dividends awarded to common shareholders. Because the dividends from prior years have already accumulated, the only dividend to be deducted from the earnings per share calculation is the current year's preferred dividend.
Learn more about Preferred stock:
https://brainly.com/question/18068539
#SPJ11
A 10-year bond issue with a $100,000 par value, 8% annual contract rate, with interest payable semiannually means that the issuer must repay $100,000 at the end of 10 years and make 20 semiannual interest payments of $4,000 each.Select one:TrueFalse
Answers
The statement with interest payable semiannually means that the issuer must repay $100,000 at the end of 10 years and make 20 semiannual interest payments of $4,000 each is True.
How to find the semiannual interest paymentUsing this formula to find the semiannual interest payment
Semiannual interest payment = Bond × Annual contract rate × 6/12
Where:
Bond = $100,000
Annual contract rate = 8% or 0.08
Let plug in the formula
Semiannual interest payment = $100,000 × 0.08 × 6/12
Semiannual interest payment = $4,000
Therefore correct option is A.
Learn more about Semiannual interest payment here:https://brainly.com/question/27959266
#SPJ1
What are 2 different payments relating to insurance that are used for almost all kinds of insurance?
Answers
Answer:
credit or debit?
Explanation:
The Engel Curve for a good is derived by which of the following? Tracing the optimal allocation as the good's price changes Tracing the optimal allocation as income changes Tracing the optimal allocation as either income or price changes Any of the above None of the above
Answers
The Engel Curve for a good is derived by tracing the optimal allocation as income changes.
The Engel Curve shows the relationship between the quantity of a good consumed and the level of income. It illustrates how the demand for a particular good varies with changes in income while holding other factors constant, such as prices.
By tracing the optimal allocation of the good as income changes, economists can observe how individuals adjust their consumption patterns in response to changes in their income levels. As income increases, individuals may choose to allocate more of their budget towards certain goods, resulting in an upward shift in the Engel Curve. Conversely, as income decreases, individuals may allocate less of their budget towards certain goods, leading to a downward shift in the Engel Curve.
The Engel Curve provides insights into the income elasticity of demand for a good and helps economists understand how changes in income affect consumer behavior and consumption patterns. By examining the relationship between income and the quantity consumed, economists can gain valuable insights into consumer preferences and the income sensitivity of different goods
Learn more about Engel Curve here:
https://brainly.com/question/33139761
#SPJ11
Witch method of commuting is most likely to reduce your need to go to the gym or get a treadmill
Answers
Answer:
Walking or using of bicycle
Explanation:
Use of legs are needed in both method of commuting. Leg muscles will be worked up and it also produces sweat that is equivalent to gym exercise
marks) 3. Describe how you can acquire and maintain professional competencies? (5 marks 71 11
Answers
Acquiring and maintaining professional competencies involves a combination of continuous learning, practical experience, and ongoing professional development.
Acquiring and maintaining professional competencies requires a proactive approach toward learning and skill development. One can start by pursuing formal education or training programs that provide a strong foundation in the desired field. These programs help individuals gain knowledge, theoretical understanding, and practical skills related to their profession.
In addition to formal education, practical experience is crucial for developing professional competencies. Engaging in internships, apprenticeships, or entry-level positions allows individuals to apply their knowledge in real-world scenarios, gain hands-on experience, and learn from professionals in the field. Practical experience helps individuals develop specific skills, problem-solving abilities, and adaptability.
Continuous learning and staying updated with industry trends and advancements are essential for maintaining professional competencies. This can be achieved through various means, such as attending workshops, conferences, seminars, or participating in online courses. Additionally, reading industry publications, and research papers, and staying connected with professional networks can provide valuable insights and opportunities for growth.
Furthermore, seeking feedback and mentorship from experienced professionals, engaging in collaborative projects, and taking on challenging assignments can contribute to acquiring and refining professional competencies. It is important to embrace a growth mindset and actively seek opportunities for development throughout one's career journey.
Learn more about skill development at:
https://brainly.com/question/33129442
#SPJ11
Once a new product is launched, it will undergo various stages—from introduction to decline. These stages are collectively known as.
Answers
These stages of product are collectively known as Product-life cycle.
The five phases of a typical product are introduction, growth, maturity, saturation, and decline. The term "product life cycle" refers to all of these phases in a product's lifespan.Product life-cycle management is the business management's progression of strategies across a product's life-cycle. As a product progresses through its many stages, the conditions under which it is marketed must be regulated as they vary over time.The life cycle of a product is crucial since it informs management on the performance of the product and potential strategic directions. A firm may alter how it spends money, what items to promote, how to devote staff time, and what innovations they want to investigate next by knowing what stage its product(s) are in.So, this is what "product life cycle" means.
Refer here to learn more about Product- life cycle: https://brainly.com/question/14567370
#SPJ4
Which brand velocity group sports advisory board member is the former executive director of the national basketball players association?.
Answers
Tom Ryan, the CEO and co-founder of ICR. Michele Roberts, formerly of the National Basketball Players Association. Jim Tanner is the company's president and founder.
NBA players are represented by a labor group called the National Basketball Players Association (NBPA). Of the four major professional sports leagues in the United States and Canada, it was created in 1954, making it the oldest labor union. Ten years later, though, NBA franchise owners finally acknowledged the NBPA. In New York City's famed Park and Tilford Building, the company's offices are situated. After ceasing to be a union during the 2011 NBA lockout, it briefly became a trade association.
Bob Cousy, the starting point guard for the Celtics, and Joe Sharry, a friend and unofficial agent, sent postal surveys to long-serving players on each of the league's clubs in 1954, including Paul Arizin and Dolph Schayes, luminaries of the nascent NBA.
Learn more about NBPA here:
https://brainly.com/question/29236117
#SPJ4
Natasha is listening to dominick talk about his plans to build his kids a tree house. although he has been talking for some time, she hasn't been able to extract the main point. she has asked questions to clarify what he says. she still isn't sure about what he's saying, so she repeats what he said to see if she has it right. she makes sure not to judge what he's saying since she didn't understand. she decided that she would take notes the next time. which part of this description exemplifies analytical listening?
Answers
The part that has to do with analytical listening is, she has asked questions to clarify what he says.
What is analytical listening?This is the type of listening that is done in such a way that what is being said would be properly analyzed.
This is not just about understanding what is being said. It has to do with division of questions to get to the main points.
Read more on analytical listening here:
https://brainly.com/question/20841873
#SPJ1
Question 1 of 10
Why can consumers have influence over politicians?
O A. Government agencies are required to address consumer
complaints.
B. Consumers are able to boycott politicians' re-election campaigns.
C. Corporations use profits from consumers to lobby the
government.
D. Politicians rely on the votes of consumers to keep them in office.
SUBMIT
Answers
Answer:
it's most likely B or D. but you need to double check
Answer:
D. Politicians rely on the votes of consumers to keep them in office.
Explanation: i took the test.
Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral
Answers
Answer:
deferral
Explanation:
Adjusting entries are when changes are made to already recorded journal entries.
Categories of adjusting entries :
accrued revenuesaccrued expensesunearned revenuesprepaid expensesdepreciation.Prepaid expenses are payments made for services yet to be delivered.
For example, paying for a year's worth of subscription on your streaming service
Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral
Ofac requires depository institutions that hold blocked property to file annual reports by.
Answers
Ofac requires depository institutions that hold blocked property to file annual reports by September 30th.
What is annual report?It should be noted that annual report is a document which describes the financial condition of a company for the previous year.
In this case, Ofac requires depository institutions that hold blocked property to file annual reports by September 30th.
Learn more about annual report on:
brainly.com/question/17149546
#SPJ1
What will likely happen if you try to use your memory as your only planner?
a. You will become more focused and better organized.
b. You will concentrate primarily on your social activities.
c. You will probably forget important events and deadlines.
d. You will concentrate primarily on your academic responsibilities.
Answers
Explanation:
c. you will probably forget important events and deadlines.
FILL THE BLANK. according to the principle of _____, a country that decides to specialize in the production of a particular product must sacrifice the production of another product.
Answers
According to the principle of comparative advantage, a country that decides to specialize in the production of a particular product must sacrifice the production of another product.
The principle of comparative advantage is an economic concept that suggests countries should specialize in producing goods or services in which they have a lower opportunity cost compared to other countries. Opportunity cost refers to the value of the next best alternative that must be given up in order to produce a particular good or service. When a country specializes in producing a specific product, it can allocate its resources more efficiently, leading to increased productivity and economic growth. However, this specialization comes at the cost of sacrificing the production of other goods or services for which the country may have had some comparative advantage but chooses not to pursue.
learn more about cost here:
https://brainly.com/question/14566816
#SPJ11
Why does the Federal Reserve focus on targeting the federal funds rate?
Answers
Answer:
The Federal Reserve uses certain tools to adjust this rate, because it influences other interest rates, such as those you pay on credit cards, mortgages, and bank loans. It also affects the value of the U.S. dollar and other household and business assets. That makes it the most important interest rate in the world.
Explanation:
Because
PLS HELP…… What is the difference between a charge card and a credit card?
O A charge card is paid off each month while a credit card has a revolving credit line.
O A charge card is issued by a bank while a credit card is issued by a merchant.
O A charge card has a revolving line of credit while a credit card is paid off each month.
O A charge card has zero interest while a credit card has a high interest
Answers
Charge cards are paid in full every month, while a credit card can carry over a balance from month-to-month to a certain limit.
A charge card is paid off each month while a credit card has a revolving credit line is the difference between a charge card and a credit card. Thus, option (a) is correct.
What is credit card?A credit card is a payment card was the issued by the financial institutions. It was the provided of the customers to borrow funds, and the pre-approved credit limit. It was the provided the facilities such as purchases, balance transfers and the other things.
According to the main difference between the charge card is paid off each month. On the another hand was the credit card has a revolving credit line. It was the pay of the purchase of the goods and the services. It was the paid by the card issuer.
As a result, the significance of the charge card and a credit card are the aforementioned. Therefore, option (a) is correct.
Learn more about on credit card, here:
https://brainly.com/question/27350251
#SPJ5
Equipment costs in the project costs estimate are for equipment:
a. that the organization wants to have.
b. needed by others in the organization that may not be assigned to the project.
c. that is the latest upgrade, even if not needed for the project.
d. that must be purchased as part of the project.
Answers
Equipment costs in the project costs estimate are for equipment "that must be purchased as part of the project". The correct option is D.
The equipment costs refer to the expenses associated with acquiring, maintaining and operating necessary equipment for a project or organization.
These costs typically include the purchase or lease of equipment, installation and setup, ongoing maintenance and repairs, insurance and upkeep of the equipment.
The equipment costs can vary depending on the type and quantity of equipment required for the project and technological advancements.
Therefore, the correct option is D.
To know more about Equipment costs here,
https://brainly.com/question/32572813
#SPJ4
QUESTION 6 of 10: What markup percentage does New York magazine state that Macy's at Herald Square in New York City uses to mark up
accessories?
a) 72%
b) 127%
c) 185%
Od) 233%
Answers
In conclusion correct option for this question is (d) 233%
Why it is?
The markup percentage mentioned by New York magazine for accessories at Macy's in Herald Square is 185%. This means that the price of the accessory is marked up by 185% of its cost.
This markup percentage is considered high and may reflect the expenses that the store incurs, such as rent, salaries, and other operating costs. It is also likely that the markup is influenced by the store's brand recognition and the demand for its products.
However, a high markup may also deter price-sensitive customers, making it important for businesses to strike a balance between profitability and affordability.
To know more about Magazine related question visit:
https://brainly.com/question/20910446
#SPJ1
The three motivational qualities that leaders have are initiative, ability to motivate others, and ability to set goals.
true
false
Answers
Answer:
true I'm pretty sure it's true.
References that employers trust for the most accurate reporting include
a. friends
b relatives
C. counselors
d. parents
Answers
Answer: counselors
Explanation:
References that employers trust for the most accurate reporting include counselors. Employers don't trust the friends, relatives and parents of the prospective employees or employees for an accurate report because employers believe that they're not professional enough and due to their closeness to the employee, they may give false information in order to put the employee at an advantage. Employers see counselors as being more professional and will give the right informations.
It should be noted that in a case whereby a candidate performs well in his or her job tests and interviews and has a positive recommendation from his or her references together, the person has a high chance of being employed.
Answer:
C. Counselors.
Explanation:
Did the quiz