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Leokris [45]
2 years ago
15

Fill in the Blank

Business
1 answer:
Gnesinka [82]2 years ago
7 0

Evidence of one's claim to authority or competence, such as a diploma, degree, certification, or license is known as the credential.

<h3>What is the evidence?</h3>

Evidence is the term that means to show or to prove that a particular thing is true or is in existence. For better understanding, a few illustrations can be taken. Like They found evidence of a robbery, in the room footprints of three persons present, and many more.

In any courtroom for making the case strong, one has to present evidence that is real like fingerprints, blood samples, DNA, a knife, a gun, and other physical objects.

There are basically two types of evidence, which include Oral and Documentary evidence. Documents that include electronic records are documentary evidence.

Thus, all the names given in the statement are of documentary evidence or credential.

Learn more about evidence from here:

brainly.com/question/6764645

#SPJ1

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Art's at-risk amount in a passive activity was $60,000 at the beginning of 2015. His loss from the activity in 2015 is $80,000,
kupik [55]

Answer:

d. $60,000

Explanation:

As per passive income rules, As stated under Internal Revenue Service is a kind of statement that allows to set off the passive loss as against passive income only.

There is no rule which permits to set it off against ordinary income.

Therefore, the details in the given instance are:

Loss of 2015 = ($80,000)

Income in 2016 = $20,000

Loss at the end of 2016 = ($60,000)

This because from the income in 2016 amounting $20,000 the loss of $20,000 is set off.

7 0
3 years ago
On April 1, 2018, John Vaughn purchased appliances from the Acme Appliance Company for $1,200. In order to increase sales, Acme
Darina [25.2K]

Answer:

The monthly payment necessary for John to pay for his purchases is $88.4 per month

Explanation:

Fixed Installment payment for a fixed period period of time with a specified interest rate is the type of annuity.

According to given data

Present value of appliance= PV = $1,200

Numbers of Payments = n = 18 months

Interest rate = r = 24% annually = 2% monthly

Value on October 1, 2018 = 1200 x ( 1 + 2%)^6-1 = 1,325

Monthly payment can be calculated by using following fomula

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

$1,325 = P x [ ( 1- ( 1+ 2% )^-18 ) / 2% ]

$1,325 = P x [ ( 1- ( 1+ 0.02 )^-18 ) / 0.02 ]

$1,325 = P x [ ( 1- ( 1.02 )^-18 ) / 0.02 ]

$1,325 = P x [ ( 1- ( 1.02 )^-18 ) / 0.02 ]

$1,325 = P x 14.992

P = $1,325 / 14.992

P = $88.4

8 0
3 years ago
The three activities in an information system that produce the information organizations use to control operations are:
mixas84 [53]

Answer:

The three activities are; Input, Processing, and Output.

Explanation:

Input, processing, and output are the three activities in an information system that produce the information an organization needs. Input captures or collects raw data from within the organization or from its external environment.

Processing converts this raw input into a meaningful form.

Output transfers the processed information to the people who will use it or to the activities for which it will be used.

7 0
3 years ago
Read 2 more answers
Arundel Company uses percentage of sales to estimate uncollectibles. At the end of the fiscal year, December 31, 2018, Accounts
oksano4ka [1.4K]

Answer:

The dollar amount that should be credited to Allowance for Uncollectible Accounts at year end is $ 12,100

Explanation:

Providing allowance for doubtful debts

A provision is made for the debts which are likely to be uncollectable by a company.This amount is used to adjast the Trade Receivable balances to show a faithful representation of assets a beusiness has at end of year.

Calculations

<em>December 31, 2018 Arundel Company`s Allowance for Doubtful debts is calculated as follows</em>

Credit Sales × % of allowed provision

$805,000 × 2.0%

$16,100

<em>Adjastment to be done in Allowance for Doubtful Debts Account:</em>

<em>Hint : Open Allowance for Doubtful Debts T Account:</em>

<u>Credits :</u>

Opening Balances 4,000

Balancing Figure (Profit and Loss) 12,100

Totals 16,100

<u>Debit:</u>

Closing Balance 16,100

Totals 16,100

5 0
3 years ago
Read 2 more answers
Adam and barb go to the store to purchase some lottery tickets. without looking at the price, adam says "i’ll take 10 lottery ti
Shtirlitz [24]

Answer:

Price elasticity of demand for Adam=0

Price elasticity of demand for Barb=1

Explanation:

Price elasticity of demand = %age change in demanded QTY / %age change in demanded price

The price is not important for Adam, and he demands a fixed quantity, hence his demand curve is vertical. A perfectly vertical demand curve is can inelastic demand curve and has price elasticity =0

The quantity is not important for Barb, and he demands a fixed price, hence his demand curve is horizontal. A perfectly horizontal demand curve is has price elasticity =1

6 0
4 years ago
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