The correct statement about Partnership is (c) a partnership represents an accounting entity for financial reporting purposes because it reflect the financial transactions of the partnership as a whole,
A Partnership is defined as a business structure where two or more individuals own and manage a business.
Partnerships are required to maintain accounting records and prepare financial statements to report their financial position, results of operations, and cash flows. These financial statements provide useful information to partners, creditors, and investors.
A partnership's financial statements typically include a balance sheet, income statement, and statement of cash flows, which report the partnership's assets, liabilities, equity, revenues, expenses, gains, losses, and cash flows.
Therefore, the correct option is (c).
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The given question is incomplete, the complete question is
Which of the following statements about a partnership is correct?
(a) a partnership is not required to file an information tax return.
(b) the personal assets of a partner are included in the partnership accounting records.
(c) a partnership represents an accounting entity for financial reporting purposes.
(d) each partner's share of income is taxable to the partnership.
alright, anyone got any chocalate
Answer:
No, I don't really like chocolate.
Explanation:
Answer:
Yes.
Explanation:
But sadly I can't give them away.
#teamtrees #WAP (Water And Plant)
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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tangshan china's stock is currently selling for $160.00 per share and the firm's dividends are expected to grow at 5 percent indefinitely. assuming tangshan china's most recent dividend was $5.50, what is the required rate of return on tangshan's stock?
The rate of return on China's stock is 8.44% if its stock is directly selling for $160.00 per claim and the firm's dividends are predicted to increase at 5%.
Stock price = $160.00 per share
Growth rate = 5%
Dividend rate = $5.50
The required rate of return is the lowest amount of earnings as a return an investor will desire or accept for taking the chance of financing in stock or another type of firm.
To calculate the required rate of return, we need to use the formula,
r = (D / P) + g
r = ($5.50 / $160.00) + 0.05
r = 0.0344 + 0.05
r = 0.084
r = 8.44%
Therefore, we can conclude that the required rate of return on Tangshan China's stock is 8.44%.
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what is the practice of one firm, operating in a noncollusive oligopoly, signaling their pricing behavior in advance?
Pricing leadership is a type of market structure in which one company establishes the standard pricing for the sector and other smaller businesses must follow suit. Usually, the company with the lowest production costs sets the market's prices.
The non-collusive oligopoly model: What is it?The prior section's non-collusive oligopoly model (Sweezy's model) is predicated on the idea that oligopoly enterprises act independently even if they are dependent on one another in the market. There could be uncertainty as a result of intense pricing rivalry.
What distinguishes collusive oligopolies from non-collusive oligopolies?In a collusive oligopoly, a few businesses formally collaborate to eliminate the competition. Contrarily, under a non-collusive oligopoly, enterprises compete on the basis of their own prices.
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The repayment of borrowed money to some extent is dependent on the social attitudes and commitments of both the borrower and the bank. Briefly explain
The repayment of borrowed money can be influenced by the social attitudes and commitments of both the borrower and the bank, as their actions and behaviors can affect the financial relationship and trust between them.
The repayment of borrowed money involves not only financial obligations, but also social and ethical considerations. Both the borrower and the bank have a role to play in ensuring the timely and complete repayment of the loan.
For example, the borrower's attitude towards debt and their sense of responsibility to repay the loan can impact their likelihood of defaulting. If the borrower has a negative attitude towards debt or does not prioritize repayment, they may be more likely to default on the loan.
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Recently the top management of Lucky cement decided to start a new business in completely new market with new product lines i.E. Lucky One Mall. Identify the corporate level strategy used by the firm. Justify your answer.
Answer:
Diversification
Explanation:
Corporate level strategy is a decision made by the top management of a firm with the aim of seeking new business methods to expand an already existing business. Diversification is a corporate level strategy in which an organization ventures into a completely new market with new product lines. The diversification could be related to the existing products the company operates (concentric diversification) or to an unrelated market(conglomerate diversification).
When Lucky Cement decided to start a new business in completely new lines, they have just embarked on diversification. The diversification might also be to just one product or different products.
answer this question plz I don't know it
Answer:
1st: a
2nd: a
3rd: a
Explanation:
Answer:
share with your parents and other family members about this lesson your family may be interested about your atory your trimphs and struggles use this lesson on developing your academic andpersonal social skills your strengths and weaknesses can be a factor that can influence your decisions in the future
The _______ system gives both producers and consumers important information they use in making decisions about how to allocate their resources and is determined by forces of supply and demand.
Answer:
Free market.
Explanation:
As the name implies, this is known to be a market flow type or pattern where individuals are said to have charge and are in control of the pattern of their marketing. It is see also here that government is not having a high or upper hand in the affairs of their market dealings; therefore, governmental monopoly is directly cut off from them in this marketing system. It is known that laws also in this system are exchanged willingly amongst those doing the demand and supplying
in other words providing the sole basis for the economic system.
3. Describe two real or made up situations in the workplace when you would need to use
speaking skills. (1-2 sentences. 2.0 points)
In order to reduce conflict, speaking skill, is the skill that helps to settle a disagreement or conflict between two parties, or amount group of people.
Why speaking skills is essential in workplace?
No company has stated in his vision or mission, to keep a zero conflict among staff, because it is believed that every workers and staff of the company is disciplined and should focus on why the company has hired him or her.
But on the other hand, conflict among workers in a company has been on increase. Because people differs so their ideology differs too. Conflict may not only be when a worker yells at a co worker, it can also be an argument between workers.
It is difficult to find a company made of more than 10 workers with out conflict among co workers, the conflict could be envy or side talks.
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Tonya is considering leaving work early to go to a baseball game. A ticket costs $30, and it costs $5 to park at the stadium. Tonya will miss 3 hours of work, where she is paid $20 an hour. What is Tonya's total explicit cost of going to the game?
Answer:
$95
Explanation:
UwU
Net Operating Working Capital (NOWC) Using the following balance sheets of Mimi's Gymnastics Inc., what is the net operating working capital (NOWC) for 20207 Mimi's Gymnastics Inc.: Balance Sheets as of December 31 (Millions of dollars) 2020 Assets Cash $ 90 Short-term investments 110 Accounts receivable 1,400 Inventories 600 Total current assets $2,200 Net plant and equipment 2,100 Total assets $4,300 Liabilities and Equity Accounts payable $ 800 Accruals 100 Notes payable 160 Total current liabilities $1,060 Long-term debt 800 Total liabilities $1,860 Common stock 2,100 Retained earnings 340 Total common equity $2,440 Total liabilities and equity $4,300 Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answer to the nearest whole number. $ million
The net operating working capital (NOWC) for Mimi's Gymnastics Inc. in 2020 is $1,140 million.
To calculate the NOWC, we subtract the total current liabilities from the total current assets.
Total current assets = Cash + Short-term investments + Accounts receivable + Inventories
Total current assets = $90 + $110 + $1,400 + $600 = $2,200 million
Total current liabilities = Accounts payable + Accruals + Notes payable
Total current liabilities = $800 + $100 + $160 = $1,060 million
Net operating working capital (NOWC) = Total current assets - Total current liabilities
NOWC = $2,200 million - $1,060 million = $1,140 million
Therefore, the net operating working capital (NOWC) for Mimi's Gymnastics Inc. in 2020 is $1,140 million.
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venta al contado de mercancia por $2.300.000=; iva: 19%: cual de las siguientes cuentas no corresponde
a. de mercancia
b. comercio al por mayor y por menor
c. iva
d. caja
Answer:
La cuenta que no corresponde al registro contable planteado es la B, comercio al por mayor y por menor.
Esto es así porque, al realizarse una venta al contado de mercancía por $2.300.000, con un IVA adicional del 19%, se están entregando mercancías, con lo cual se registra dicha salida de productos en el debe (opción A), ingresa un dinero correspondiente a IVA (opción C), y a su vez ingresa un monto de dinero que engrosará la caja del comercio, registrándose en el haber (opción D).
explain advertisement
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
the describes a situation where sufficient credit is available, but the economy experiences a reduction in consumption and investment. a.inflation rate effect b.interest rate effect c.wealth effect d.price effect
The correct option that describes a situation where sufficient credit is available, but the economy experiences a reduction in consumption and investment is the "wealth effect."
The wealth effect is a phenomenon where a change in the value of assets owned by individuals or companies affects their spending behavior. When there is a reduction in consumption and investment despite the availability of credit, it suggests that individuals and businesses are not confident in the economy's future prospects. The wealth effect occurs when a fall in asset values, such as housing, stocks, and bonds, reduces the wealth of individuals and businesses, leading to lower spending and investment. For example, during an economic recession, the value of assets such as houses and stocks tends to decline, leading to a decrease in the wealth of individuals and businesses. As a result, people tend to cut back on their spending and investment, causing a further decline in economic activity. In conclusion, the wealth effect describes a situation where the availability of credit is not the issue, but rather a reduction in consumption and investment due to a decline in asset values and subsequent loss of wealth.
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mark wants to borrow $1,000 to purchase a nice bicycle. the local bank provides him with a loan with an annual interest rate of 10 percent. how much interest should mark pay after one year?
According to the question, Mark should pay $100 in interest on his loan.
Mark has taken a loan of $1,000 from a local bank with an annual interest rate of 10 percent. This means that he will have to pay an additional 10 percent of the loan amount as interest after one year. To calculate the interest, we can use the formula:
Interest = (Loan Amount x Annual Interest Rate)/100
Applying this formula, we get:
Interest = ($1,000 x 10)/100 = $100
So, after one year, Mark will have to pay $100 as interest to the local bank. This is in addition to the principal amount of $1,000 that he borrowed. Therefore, he will have to repay a total of $1,100 at the end of the loan term. It's important to note that the interest amount may change if Mark chooses a different loan term or interest rate.
You asked how much interest Mark should pay after one year if he borrows $1,000 to purchase a nice bicycle and the local bank provides him with a loan with an annual interest rate of 10 percent.
To calculate the interest, follow these steps:
1. Identify the principal amount: $1,000.
2. Identify the annual interest rate: 10 percent.
3. Convert the percentage to a decimal: 10 percent / 100 = 0.10.
4. Multiply the principal by the decimal interest rate: $1,000 x 0.10 = $100.
After one year, Mark should pay $100 in interest on his loan.
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
The price of a bond with an 6oupon rate paid semi-annually, a par value of $1,000, and fifteen years to maturity is the present value of:_____.
The price of a bond with a coupon rate paid semi-annually, a par value of $1,000, and fifteen years to maturity is the present value of the bond's future cash flows.
To calculate the price, we need to discount the bond's future cash flows to their present value. The coupon payments represent the interest paid to bondholders, while the par value is the principal amount returned at maturity.
Here's how you can calculate the price:
1. Determine the number of periods until maturity: In this case, there are 15 years, but since the coupon is paid semi-annually, there are 30 periods (15 years * 2 periods per year).
2. Calculate the present value of each coupon payment: Divide the coupon rate (expressed as a decimal) by 2 to get the semi-annual coupon rate. Multiply this by the par value ($1,000) to get the coupon payment. Discount each coupon payment to its present value using the semi-annual yield or required rate of return.
3. Calculate the present value of the par value: Discount the par value ($1,000) to its present value using the semi-annual yield or required rate of return.
4. Sum up the present values of the coupon payments and the present value of the par value to find the bond's price.
Remember, the price of a bond is influenced by factors such as prevailing interest rates, credit rating, and market conditions. The formula provided is a simplified calculation assuming a constant yield throughout the bond's life.
In conclusion, the price of a bond with a semi-annual coupon rate, a par value of $1,000, and fifteen years to maturity is the present value of its future cash flows.
By discounting the coupon payments and the par value, you can determine the bond's price.
This calculation considers the time value of money, ensuring that future cash flows are adjusted to their present value.
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The price of a bond with a coupon rate paid semi-annually, a par value of $1,000, and fifteen years to maturity is the present value of the future cash flows generated by the bond. To calculate the price of the bond, we need to determine the present value of the coupon payments and the present value of the face value of the bond at maturity.
- First, calculate the present value of the coupon payments. Since the coupon rate is paid semi-annually, we need to divide the coupon rate by 2 and adjust the number of periods accordingly. For example, if the coupon rate is 6%, the semi-annual coupon rate would be 3% (6% divided by 2). The number of periods would be 15 years multiplied by 2 (since there are two semi-annual periods in a year) which gives us 30 periods.
- Next, calculate the present value of the face value of the bond at maturity. This is simply the par value of $1,000.
- Finally, add the present value of the coupon payments and the present value of the face value to find the price of the bond.
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You are borrowing $17,800 to buy a car. The terms of the loan call for monthly payments for 5 years at 8. 6 percent interest. What is the amount of each payment?.
The amount of each payment of car borrowing = $366.05 monthly payment .
What's a monthly loan payment?Your monthly payment is what you pay to the lender each month to refund your loan. The quantum you compensate every month depends on the terms of your mortgage loan. This includes the star, which is the factual balance on the loan, and the interest on the loan.
Given :Purchase value of car = $17,800
Loan Period = 5 years
Annual Interest rate = 8.6%
Calculating Monthly Payment of the Loan:(Using Formula);
PV = C × {1-[1/(1+r)t]}/r
$17,800 = Monthly Payment × {1-[1 ÷(1+0.086/12)⁵ˣ¹²]} ÷ 0.086
$17,800 = Monthly Payment × {1-[1÷ (1.00716667)⁶⁰]} ÷ 0.00716667
$17,800 = Monthly Payment × {1-0.651507293} ÷ 0.00716667
$17,800 = Monthly Payment × [0.348492707 ÷ 0.00716667]
$17,800 = Monthly Payment × 48.6268667
Monthly Payment × $48.6268667 = $17,800
Monthly Payment = [$17,800 / $48.6268667]
Monthly Payment = $366.05
Interest payment :
Interest is payment from a borrower or deposit- taking fiscal institution to a lender or depositor of an quantum above prepayment of the top sum, at a particular rate. It's distinct from a figure which the borrower may pay the lender or some third party. Interest is defined as the quantum of plutocrat paid for the use of someone differently plutocrat. An illustration of interest is the$ 20 that was earned this time on your savings regard. An illustration of interest is the$ 2000 you paid in interest this time on your home loan.
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Select the correct answer from each drop-down menu.
Fill in the correct terms to complete the description of Mischa going through the home-buying process
Mischa wants to buy a home. She has looked at the housing market. Now she needs to find a ______ to become _______ for a mortgage. By doing so, Mischa will know how much she has to spend on a house.
A.real estate agent B.lender C.closeing company D.title company
a.eligible b.wait listed c.credit checked d.prequalified
Answer:
B. lender
d. prequalified
Explanation:
Mortgage brokering can be defined as a process which typically involves a mortgage broker acting as an intermediary between a financial institution (mortgage bank) offering loans and an individual that seeks to collect a loan.
Generally, all financial assets or securities can be securitized i.e turned into a tradable item that can be used to generate money for a potential investor or the owner of the financial asset. For example, a mortgage backed security can be used as securitization.
In the home-buying process, sellers usually require the buyer to present a mortgage pre-qualification in order to have an estimate of their financial capacity to buy a house. This qualification or approval determines the amount of money a lender can lend to a home-buyer who wishes to buy a house.
Additionally, some of the requirements to obtain a pre-qualification letter from a lender includes employment status, good credit score, proof of income and assets, etc.
In this scenario, Mischa wants to buy a home. She has looked at the housing market. Now she needs to find a lender to become prequalified for a mortgage. By doing so, Mischa will know how much she has to spend on a house.
Compute the MIRR statistic for Project I and note whether to accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 15 percent. Project I
Answer:
13%
Explanation:
The computation of MIRR is shown below:-
=MIRR({-1000;400;300;200;300;50},15%,15%)
= 12.666%
or
= 13%
Since the MIRR is 12.67% and the appropriate cost of capital is 15% so the project should be rejected as it is less than the cost of capital
For more clarification please find the spreadsheet so that we make more understand.
Professional etiquette suggests you should send a(n) ____ to each person who agrees to meet with you in support of your career exploration.
Answer:
handwritten thank-you note
Explanation:
Professional etiquette can be regarded as ways of being able to live comfortably when with people and making them comfortable when they are arround you. They are general
guidelines as well as behavior that are needed in professional setting. It should be noted that Professional etiquette suggests you should send a
handwritten thank-you note to each person who agrees to meet with you in support of your career exploration.
Payrollsetup is child case of newhire case. Companytour is a spin-off case of newhire case. In this scenario, data can be propagated from ____. Pega
The data can be propagated from Company tour->newhire->payrollsetup->newhire. Thus, option B is the correct statement.
What do you mean by propagating facts?Allocation of facts from one or extra supply facts warehouses to every other nearby get right of entry to the database, in step with propagation rules is called as Propagating facts.
Data warehouses are required to manipulate huge bulks of facts each day.
Thus, option B is the correct statement.
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CARTOONS: Checking Account Fees
Checking accounts often serve as the foundation of managing one’s finances. However, when signing up for an account, the importance of reading the fine print cannot be overemphasized. Many checking accounts come with fees and users are charged - sometimes multiple times a day - for transactions they thought were covered!
In this activity, you will pick one of the cartoons provided below and analyze how it portrays the importance of understanding the costs and fees associated with your checking account.
Part I: Choose a Cartoon
Select one of the four cartoons provided below to analyze.
Cartoon 1
Cartoon 2
Cartoon 3
Cartoon 4
I will choose the second cartoon as the bank worker is willing to explain what the checking account is all about (Image of the cartoon attached)
The fees associated with a checking account are:
Common checking account feesMonthly service fee.Overdraft fee.ATM fee, etc.What is a checking account?A checking account is known to be a a type of bank account that helps people to quickly deposit and withdraw money from their account for any of their daily expenses.
The importance of the 2nd Cartoon in understanding the costs and fees associated with your checking account is that when the cashier or bank worker have explained all that there is to known about checking account, one can know if they want to open it or not.
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Describe how a high level of flexibility would affect your performance in softball. Consider the benefits in many aspects of softball.
Answer:
you would be able to jump higher
you would be able to run quicker
you would be able to catch the ball better
Hope this helps!
Answer:
With a high level of flexibility for a volleyball player physical performance and muscle coordination would improve, it can even enhance the enjoyment of playing. One would be able to jump higher, move quicker and maybe even hit the ball further and all of this put together hopefully win too.
Explanation:
Best Coffee Enterprises is dealing in a variety of coffee like Expresso, Cappuccino, and Caffe latte etc. It has several outlets in the city. It has a good financial standing and enjoys a good reputation in the market. It purchases high-quality coffee beans from Global Traders and pays them at a future date. Briefly explain the source of finance given by Global Traders to Best Coffee Enterprises.
Different sources of finance exist operated by various companies. Global Traders exist offering Trade Credit as a source of finance to the Best Coffee enterprises. Trade credit exists as a business-to-business (B2B) arrangement in which a customer can buy goods without spending cash up front, and delivering the supplier at the latest scheduled date.
What are the features of trade credit?It exists referred to as the payment holds authorized by the creditor for a specified period for their raw material.It exists usually comprehended as an instant source of finance.It usually occurs in B2B businesses where the payees exist and desired to pay within their established deadline.Trade credit exists as a business-to-business (B2B) arrangement in which a consumer can buy goods without spending cash up front, and paying the supplier at a later scheduled date. Usually, companies that work with trade credits will give customers 30, 60, or 90 days to pay, with the transaction recorded through an invoice.
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Concern for the environment among consumers causes consumers to substitute away from traditional autos to electric-powered autos.
Equilibrium quantity: Increases / Decreases
Equilibrium price: Increases / Decreases
Answer:
the equilibrium price and quantity of traditional autos decreases
the equilibrium price and quantity of electric cars increases
Explanation:
Due to the decrease in demand for traditional autos, there would be a leftward shift of the demand curve for traditional autos. As a result, equilibrium price and quantity would fall.
Due to the increase in demand for electric-powered autos, there would be a rightward shift of the demand curve for traditional autos. As a result, equilibrium price and quantity would increase.
Please check the attached images for graphical illustrations
All of the following allow for a monopoly to exist EXCEPT ______________.
a. geography
b. competition
c. a patent
d. government mandate
Economics
Answer:
d. government mandate economics
Explanation:
during the industrial era the government stepped in to stop wealthy monopoly companies from corruption of the government
The correct option is (d) Government mandate economics.
What does government mandate economics mean?The group of people responsible for governing the country is called the government. If some government has a mandate for carrying out any policy or task, then they somewhat get the authority to win the election or vote. Hence (d) is correct out of all options.
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Should citizens participating in
criminal trials should have some requirements such as someone who
has a degree? Or someone who makes at least $20,000 per year? Why
or why not?
Citizens participating in criminal trials should not be required to have a degree or make a certain amount of money per year. This is because such requirements would create inequalities in the justice system and violate the principle of equal protection under the law that is enshrined in the US Constitution.
First, requiring citizens to have a degree in order to participate in criminal trials would discriminate against those who cannot afford higher education. This would create an unfair advantage for those who are more affluent and better-educated, and it would prevent many people from serving on juries or as witnesses.
Secondly, requiring citizens to make a certain amount of money per year would also create inequalities. Poorer citizens would be excluded from participating in criminal trials, which would violate their rights to equal protection under the law. Moreover, wealth is not necessarily a measure of a person's ability to serve as a juror or a witness. A person's income level does not necessarily correlate with their intelligence, education, or integrity
.In conclusion,citizens should not be required to have a degree or make a certain amount of money per year in order to participate in criminal trials. Doing so would violate the principle of equal protection under the law, create inequalities, and prevent many people from participating in the justice system.
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List examples of socially responsible business practices.?
what
Answer: Reducing carbon footprint, improving workers working conditions, and charitable donations to organizations.
Which of the following statements regarding convertible term insurance is true?
A) Evidence of insurability must be provided to convert the policy.
B) More term policies are converted using the original-age method than using the attained-age method.
C) The converted coverage has a lower face amount than the term coverage.
D) The annual premium for the cash value coverage is lower if an original-age conversion is used than if an attained-age conversion is used.
Answer: The annual premium for the cash value coverage is lower if an original-age conversion is used than if an attained-age conversion is used.
Explanation:
A convertible insurance policy is a term that is related to life insurance as it can be changed to a permanent life insurance policy.
Of the options given, the option that is true is that the annual premium for the cash value coverage is lower if an original-age conversion is used than if an attained-age conversion is used.