If income statement reveals a loss from the sale of land, the loss should be added to net income in the operating activities section.
When loss from the sales of land or property is added to net income, in the statement of cash flows operating activities section, the loss amount will increase the net income.
Loss from the sales of land is a noncash assets as it does not involve cash because no money was paid.
Based on this loss from sales of land does not means that cash was paid rather it means that the company missed the opportunity to gain the amount that was loss.
Inconclusion If income statement reveals a loss from the sale of land, the loss should be added to net income in the operating activities section.
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The accountant recorded the adjusting entry for the depreciation of its long-lived assets with a debit to Depreciation Expense and a credit to Accumulated Depreciation. As a result of this entry, assets and stockholders' equity will be ______. Multiple choice question. unaffected by the entry understated decreased overstated
As a result of the entry that was made by the accountant, assets and stockholders' equity will be decreased.
From the information given, it should be noted that an accountant recorded the adjusting entry for the depreciation of its long-lived assets with a debit to depreciation expense and a credit to accumulated depreciation.
Since there's a credit to the accumulated depreciation, it should be noted that there will be a reduction in the assets and the stockholders equity.
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jana has agreed to borrow $4,000 through a Subsidized Direct Loan to pay her freshman tuition. When she receives the loan, how much will she get
Answer: $3,957.64
Explanation:
All Direct Loans have a 1.059 percent fee which is deducted from the amount of the loan, up front. This means that Jana's fee is $42.36 ($4,000 x .01059). Therefore, she will only receive $3,957.64.
which policy tools are considered automatic stabilizers?
In the fiscal policies of governments, automatic stabilizers are meant to correct and stabilize the fluctuations that arise within the economy of nations. The policy tools that are considered automatic stabilizers are;
A progressive income tax structure Government unemployment benefitsAt times, the economy of a nation might experience shocks and destabilizations. These policy tools listed above are meant to generate taxes from the citizens that would cushion the effects of these shocks.
They help to increase the flow of money in the economy when it is passing through difficulties like recessions.
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Taxes represent __________ of the business. Multiple Choice an equity liability a cash inflow a cash outflow an accounts receivable liability
The taxes that are being paid by a business firm represents: C. a cash outflow.
Taxation can be defined as the involuntary and compulsory fees that are usually levied on individuals or business firms (entities) by the government, so as to generate revenues which are used in funding public institutions and activities.
Basically, these taxes that are being paid by individuals or business firms (entities) is considered as a cash outflow because it represents money that are flowing out of their accounts.
In conclusion, an amount of money that is flowing out of an account such as taxes is referred to as a cash outflow.
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48. Although SellSmart brings together buyers and sellers and helps negotiate exchanges, it does not actually take title to any of the goods being traded
SellSmart would be classified as an agent or broker.
True or False
Since SellSmart brings together buyers and sellers and helps negotiate exchanges, it does not actually take title to any of the goods being traded, it's an agent or broker. Therefore, it's true.
It should be noted that an agent is an individual that's licensed to sell property while a broker is an individual that's licensed to own their own real estate firm.
An agent or broker brings the buyer and the seller together and helps in negotiating a sale but doesn't take title to goods. Since SellSmart performs this function, it's an agent or broker.
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software is used to play, create, and modify audio and video files.
If you are asking if this is true it is
How long does a lender have to fix their net worth if they notify the FL-OFR before the shortage occurs?
According to the established standards and practices, a lender would have to use 120 days to fix their net worth if they notify the FL-OFR before the shortage occurs?
FL-OFR is an acronym for the Florida Office of Financial Regulation.
FL-OFR has three divisions which is headed by the commissioner.
FL-OFR regulates financial activities like consumer finance, financial institutions, securities, etc.
Hence, in this case, it is concluded that the correct answer is "120 days."
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Which statement is true about the circular flow diagram of an economy?.
The statement that the market for factors of production connects spending by firms to household income is true about the circular flow diagram of an economy.
The circular flow diagram is an economic model that entails the flows of money and goods exchanged in the closed circuit which run in the opposite direction.
Hence, the statement that the market for factors of production connects spending by firms to household income is true about the circular flow diagram of an economy.
Therefore, the Option A is correct.
Missing word includes "A The market for goods and services connects household spending to government spending. B The market for factors of production connects household spending to goods produced by firms. C The market for factors of production connects spending by firms to household income. D The market for goods and services connects labor income to firms as employers. E The market for goods and services connects labor income to household spending."
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Do you think it is fair for dealers to charge you more for a car they pay the manufacturer
Answer:
I dont think they should charge more
Explanation:
Answer:
In my opinion, No,
But this occurs only when demand is so high that dealers aren't struggling to make a sale, and it generally indicates that an MSRP is too low. In the rare case that dealers can't restock a particular vehicle fast enough, it's perfectly legal (and a savvy business decision) to charge more than the MSRP.
I hope this helps.
Daffy Duct, Inc. issued 10,000 shares of $1 par value common stock at $5 per share. The effect of this transaction on the accounting equation includes a ______. (Check all that apply.) Multiple select question. $50,000 increase in total assets. $50,000 decrease in total stockholders' equity. $10,000 increase in total assets. $50,000 increase in total liabilities. $10,000 increase in total stockholders' equity. $50,000 increase in total stockholders' equity.
The effect of this transaction on the accounting equation includes a:
$50,000 increase in total stockholder's equity, $50,000 increase in total assets.
The above means that Daffy Duct received $50,000 cash in exchange for ownership in common stock (10,000 shares at $5 each).
Asset is what the company owns, while Equity (the difference between assets and liabilities or what it owes to the owners)
In the light of the above ,there is an increase in assets and increase the stockholder's equity.
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If Amazon enters the Japanese online market by translating its U.S. website into Japanese the company is using which internationalization strategy
If Amazon enters the Japanese online market by translating its U.S. website into Japanese, the strategy used is the meganational strategy.
A meganational strategy is an international strategy that focuses on reaping cost reductions through the economies of scale. It's a strategy that's used in seeing the world as one big national market.
Since Amazon enters the Japanese online market by translating its U.S. website into Japanese, then the strategy that is used is the meganational strategy.
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brenda apologized to kordell for an e-mail that upset him. she said she had chosen an inconsiderate way of stating her idea, and that she’d be happy to discuss it further. brenda is:
The behavior or disposition displayed by Brenda that was described above shows consideration behavior, therefore, Brenda can be said to be: expressing consideration behavior.
Consideration behavior can be described as exhibiting a friendly and supportive disposition by considering the interests of others. It also entails effectively communicating openly with others, having respect of their ideas and showing concern for their feelings.
Thus, the behavior or disposition displayed by Brenda that was described above shows consideration behavior, therefore, Brenda can be said to be: expressing consideration behavior.
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which three activities are part of the function of accounting?
The 3 activities which are part of the function of accounting includes:
Classifying financial transactions interpreting financial transactions Recording financial transactionsAccounting (including bookkeeping) refers to the process of recording, preparing, analyzing and interpreting financial information or statements for future purpose.
As regards the options, 3 activities which are part of the function of accounting includes:
Classifying financial transactions interpreting financial transactions Recording financial transactionsIn conclusion, the process of accounting helps to identifies, records, classifies and communicate the company's economic events to interested users.
Missing word includes "1. prioritizing financial transactions 2. classifying financial transactions 3. planning financial transactions 4. interpreting financial transactions 5. recording financial transactions"
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A trial balance is a listing of which balances?
Answer:
A trial balance is a list of all the general ledger accounts (both revenue and capital) contained in the ledger of a business
Explanation:
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Nicole is the Executive Director of a local food bank and is assessing the financial situation of her not-for-profit organization. Nicole uses a(n) ________ to determine whether revenues from contributions and other sources will cover operating costs.
Nicole, who is assessing the financial situation of her not-for-profit organization an income statement to determine whether revenues from contributions and other sources will cover operating costs.
An income statement is a financial document that shows the income and expenditure of an organization over a period of time.
It helps the organization to know whether they are making a profit or incurring losses.
So, for Nicole to determine whether the revenue of the organization will cover operating costs, she needs to use the income statement.
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________ is the only element in the marketing mix that produces revenue.
Pricing is the one and only element of the marketing that helps in revenue generation.
What is pricing?Pricing is a process, which helps in determining the true and fair value of a product or a service that is being offered for sale in the market. At such determined price, the consumers buy such goods or services.
No other element in marketing mix involves revenue generation, as only pricing can bring the inflow of cash in an organization from the buyers in the market as such.
Hence, pricing element of the marketing mix produces revenue for the firm.
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#SPJ2
Why is it important to have leadership skills in a business?:
Answer:
It is important to have leadership skills in a business because you know what you are suppose to be doing and how you suppose to be doing by others in a business. Moreover, because it take leadership to keep everything in order like it should be in a business.
Explanation:
a country opens to trade. if the world price of a good exceeds the domestic price, the result will be:
Based on macroeconomic theory, a country opens to trade. If the world price exceeds the domestic price, the result will be export.
This is because it is beneficial or advantageous for a country to export its goods when the world price exceeds the domestic price.
This implies that the country's export goods will be cheaper than the world price of such goods.
In turn, other countries would demand their goods because of lower prices, thereby promoting more exportation of such goods.
Hence, in this case, it is concluded that the correct answer is export.
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Fe2O3 + 3 CO → Fe + 3 CO2
Answer:
product 2FeO3+3CO2
Explanation:
how many words can the average listener process per minute
Answer:
800 words per minute
Explanation:
he average rate of speech for an American is about 125 words per minute; the human brain can process about 800 words per minute.
Which media outlet is a good choice for grocery and fast food advertisements because many consumers decide what to buy while enroute to the store
Answer: Radio
Explanation:
identify the early developments in europe as having either contributed or not contributed to the rise of industrial wage labor.
Some developments that contributed to the increase in salaried work in Europe were:
Factory growthDevaluation of agricultural and manual workDisplacement from rural to urban areasIndustrialization in Europe was a process that began in the 18th century with the industrial revolution. This event was promoted by some social, economic and cultural aspects that allowed the overcrowding of the industry such as:
Factory growth: Factory owners increased the supply of products and people increased the demand for which it was necessary to found new factories and hire more salaried labor.
Devaluation of agricultural and manual work: With the development of machines, products produced manually were devalued because it was more profitable to manufacture large quantities of a single product with the help of machines than in the traditional way. This caused many artisans to be employed in the factories.
Displacement: When agricultural work stopped being profitable for many families, they had to emigrate to the big cities and work in industrial factories to survive.
Note: This question is incomplete because the options are missing. However, I can answer it based on my prior knowledge and general knowledge.
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A major goal of the Social Security Act of 1935 was to provide WHICH of the following guaranteed?
A. Medicare
B. Education
C. Income
D. Automobile Care
Why is it important to explain the objectives and procedures of a research project both to current and future decision makers in a company
It is important to explain the objectives and procedure of an investigation because this directly impacts the decisions that the company can make.
Companies generally research to improve their products or market research to target their products to a target audience.
When these investigations are carried out, they are always done to improve productivity, sales, and the quality of the company. Therefore, if an investigation focused on the quality of a product is carried out, the process and objectives must be shared so that the investigation impacts the improvement of the company.
For example:
When a bicycle company researches to make the design of the bicycle lighter and more aerodynamic, it can be inferred that the objective of this research is to improve the product and the procedure is through the study and experimentation of the bicycle in different controlled environments.
This will cause the company's decision-makers to promote its new model and invest more in advertising and technology development to improve the product.
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All of the brands that Miguel can easily call to mind for laundry detergents, whether he would consider buying them or not, comprise his ______ set. Multiple choice question. retrieval predetermined universal evoked
The ability of Miguel to recall those brands of detergent is known as Retrieval set in marketing.
In marketing, the term "Retrieval set refers to series of brands that a consumer can recall from their memory whether they are making purchase or not".
Here, Miguel can easily call to his mind different brand of laundry detergents whether he is considering buying them or not.
The ability to recall those brands is known as Retrieval set in marketing.
Therefore, the Option A is correct.
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the complete list of items needed to prepare a statement of cash flows includes ______.
The list of items needed to prepare the cash flows statement includes:
comparative balance sheetsincome statement additional data on investing and financing activitiesIn accounting, statement of cash-flow is a statement that calculate the amount of cash and cash equivalents that comes and leaves the company.
The section of the statement of cash-flow are divided into the operating activities, investing activities and financing activities.
Hence, the list of items needed to prepare the cash flows statement includes the comparative balance sheets, income statement and the additional data on investing and financing activities.
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If the price of tortillas is $1.20 per dozen, how many dozen will suppliers offer for sale?
Answer:
2,500
Explanation:
Earnings per share (EPS) equals ______ divided by the average shares of common stock outstanding. (Assume no preferred stock has been issued.) Multiple choice question. Revenue Operating Income Retained Earnings Net Income
With the issuance of preferred stock, Earnings per share (EPS) equal D. Net Income divided by the average shares of common stock outstanding.
If the company issues preferred stock, the preferred dividend is deducted from the net income before the computation of the EPS. In such a situation, the Earnings per share becomes the Net Income after the deduction of preferred dividend divided by the average common shares outstanding.
Thus, the Earnings per share without preferred dividend equals D.
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In general, how do federal laws protect employee benefits?
Answer: They make sure employees get fair pay.
Explanation: Brainliest please
Identify what is needed to calculate the P/E ratio. (Check all that apply.) Multiple select question. Return on equity Average stockholders' equity Earnings per share Common stock dividends declared Stock price
The computation of the P/E (Price/Earnings) ratio requires C. Earnings per share and E. Stock price.
The Stock price is the current market price per share of the company's stock. The Earnings per share (EPS) is the net income (less preferred dividend) divided by the number of outstanding common stock shares.
Thus, the P/E ratio computation requires C and E.
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