Answer:
The answer is: B) Aug. 1 Stock Investments 72500 Cash 72500 Dec. 1 Cash 75000 Stock Investments 72500 Gain on Sale of Stock Investments 2500
Explanation:
The capital gains can be calculated by the difference between the selling price minus the buying price:
Capital gains = $75,000 - $72,500 = $2,500
On August 1, cash should be credited (asset decrease) and stock investments should be debited (asset increase)
- Dr Stock Investments 72,500
- Cr Cash 72,500
On December 1, cash should be debited (asset increase), stock investments should be credited (asset decrease) and gain on sale of stock should be credited (revenue).
- Dr Cash 75,000
- Cr Stock Investments 72,500
- Cr Gain on Sale of Stock Investments. 2,500
The correct option is c, d. Fingerprint and bank card along with password
qualifies for multifactor authentication.
With multi-factor authentication, a person can only access a website or application after successfully submitting two or more types of evidence to an authentication mechanism: knowledge (something the user only knows), possession (something the user only has), and inherence (something only the user is). MFA prevents unauthorized third parties who would have been able to figure out, for instance, a single password, from accessing user data, which may contain personal identification or financial assets.
Your bank set up multifactor authentication to access your account online. You know your password. What other factor combined with your password qualifies for multifactor authentication? Check all that apply.
a. Passphrase
b. PIN
c. Fingerprint
d. Bank card
Learn more about multifactor authentication here:
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The growth rate is a measure of the rate at which a country's population is increasing.
The growth rate of a population measures the percentage increase in the value of a quantity.
For example, if the growth rate of a population is 10%, if the town currently has 1000 people, next year population would be: 1000(1.1) = 1100 people.
Factors that leads to increases in a population
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Answer:
Effect on income= $400 increase
Explanation:
Giving the following information:
Product A Product B Total
Revenue $ 9,400
Variable cost (9,800)
Fixed cost (allocated) (2,100)
Operating income (loss) $(2,500)
Effect on income= operating income - fixed costs
Effect on income= -2,500 + 2,500= 400 increase
Answer: corporate social responsibility practice
Explanation:
Corporate social responsibility occurs when organizations contribute to societal goals by supporting practices that are ethically oriented and have a positive effect on the economy.
Since Patagonia donates at least 1% of profits to support environmental causes and is contributing positively to the economy, then Patagonia is practicing corporate social responsibility practices.
