Answer:
classified as a liability when provided by creditors and as stockholders' equity when provided by owners
Explanation:
Corporate finance can be explained as how the revenue, asset as well as is been taken care of in business. The financing could be by individual or institution.
It should be noted that Financing that individuals or institutions have provided to a corporation is classified as a liability when provided by creditors and as stockholders' equity when provided by owners
Answer:
True
Explanation:
Prices in a free market co-ordinate the buying and selling decisions in the market. In their rationing role, prices inform the distribution of goods and other resources throughout the economy. Prices motivate firms by acting as incentives that provide a standard of measure of value throughout the world. Prices direct producers and consumers, thereby acting as signals to educate producers and consumers on how to adjust their production and consumption decisions.
B. franchise arrangement.
C. manufacturer-sponsored marketing chain.
D.administered distribution system.
Answer:
D.administered distribution system.
Explanation:
Administered Distribution System is a system in which producer manages all the marketing functions at the retail outlets.
2. Interest owed on a loan but not paid or recorded (accrual) is $275.
3. There was no beginning balance of supplies and $550 of office supplies were purchased during the period. At the end of the period $100 of supplies were on hand.
4. Legal service revenues of $4,000 were collected in advance. By year-end $900 was still unearned.
5. Salaries incurred by year end but not yet paid or recorded amounted to $900.
Answer:
1. Debit Depreciation expense $1,340
Credit Accumulated depreciation $1,340
2. Debit Interest expense $275
Credit Accrued Interest $275
3. Debit Supplies expense $450
Credit Supplies Account $450
4. Debit Unearned Service revenue $3,100
Credit Service revenue $3,100
5. Debit Salaries expense $900
Credit Accrued Salaries $900
Explanation:
Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of that asset.
It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset
Mathematically,
Depreciation = (Cost - Salvage value)/Estimated useful life
It is recorded by debiting depreciation and crediting accumulated depreciation.
When interest is incurred as an expense but yet to be paid, it will be accrued for by Debiting Interest expense and crediting accrued Interest. The same applies to salaries incurred but yet to be paid.
When Supplies is purchased, Debit supplies and credit Cash/Accounts payable. As Supplies are used up, debit supplies expense (with the amount used) and Credit Supplies account.
Amount of supplies used up = $550 - $100
= $450
When a fee is received in advance for a service yet to be rendered, the revenue for such fee is said to be unearned. The entries required are
Debit Cash account and Credit Unearned fees or deferred revenue.
As the service is performed and the revenue is earned, debit Unearned fees and credit revenue.
Earned revenue = $4,000 - $900
= $3,100
Answer:
a) the correct answer is "B"
b) the correct answer is "C"
Explanation:
a) the correct answer is "B"
relies on nominal GDP which might have increased because of price increases and not output increases. As nominal GDP accounts for the price and it is calculated at the current price level. The answer is "B".
b) the correct answer is "C"
We can ask for growth rate of real GDP which excludes price change.
Answer:
The correct answer is 56,500 units.
Explanation:
According to the scenario, the computation of the given data are as follows:
Sales for September = 57,000 units
As Beginning and ending inventory should be 50% of following month sales
So, Beginning inventory = 57,000 × 50% = 28,500
And Ending inventory = 56,000 × 50% = 28,000
So, we can calculate the units to be produce in September by using following formula:
Units produce in September = Sales for September + Ending inventory - Beginning inventory
By putting the value, we get
= 57,000 + 28,000 - 28,500
= 56,500 units
B. Linking your comments to comments made by other panelists.
C. Integrating evidence into your comments.
D. Making sure that your viewpoints are clearly heard.
Answer:
Making sure that your view points are clearly heard.
Explanation:
Effective communication can be defined as the process of passing out information in a clear and concise manner. It is a means of successfully conveying information to the listener.
Effective communication helps to improve productivity among employees in an organisation. This type of communication can be enhanced by a good body language.
In the scenario described above, an effective communication can be achieved by ensuring that your viewpoints are clearly understood by the audience.
Answer:
d
Explanation: