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3 years ago

A post-closing trial balance:

Business

1 answer:

OLEGan [10]3 years ago

3 0

Answer:

Answer is option C, i.e. is a list of all accounts and their balances after closing entries.

Explanation:

A post-closing trial balance is the third and last type of trial balance that contains a list of all the accounts that have been created and also all the balances even after the closing entry has been made. This is made after the closing entries have been made in the journal and posted to the ledger.

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Assume that activity G has the following times: Early start time 7 days Early finish time 13 days Late start time 15 days Late f

Aloiza [94]

Answer:

The correct answer is Activity G has s slack time of 8 days.

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3 years ago

John and Joan are married and want to make cash gifts to their children (2), their children's spouses (2), and their grandchildr

IgorLugansk [536]

The answer is $0.00 (third option).

Explanation:

During the year of 2018, the annual exclusion of both federal and state tax to cash gifts was up to $15,000 per individual. <em>Annual exclusion</em> means that there's up to a certain amount of money that can be gifted without being taxable. In this case, John and Joan's cash gift falls within the limit.

When couples gift money to their family members, the limit is precisely $15,000 per relative, individually; meaning the can gift up to a total of $60,000 without being subject to gift tax.

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3 years ago

What is the purpose of insurance

andreyandreev [35.5K]

Answer:

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter.

Explanation: Refer to top

3 0

3 years ago

For a particular flight from Dulles to SF, an airline uses wide-body jets with a capacity of 440 passengers. It costs the airlin

BARSIC [14]

Answer:

$378.75

Explanation:

Data provided:

Capacity = 440 passengers

Operating cost = $4,000 + $70(Number of passengers)

Expected number of passengers = 440 - 0.64T

Ticket price = T

Total operational cost = $4000 + $70( 440-0.64T )

Total operational cost = $34,800 - 44.8T

Thus,

Total revenue = Number of passengers × Ticket price

= (440 - 0.64T)T

= 440T - 0.64T²

also,

Total profit ,P(T) = Total revenue - Total operational cost

P(T) = ( 440T - 0.64T²) - (34,800 - 44.8T)

P(T) = - 0.64T² - 34,800 + 484.8T

Now,

Differentiating with respect to ticket price T

P'(T) = -0.64(2)T - 0 + 484.8(1)

P'(T) = - 1.28T + 484.8 ..............(1)

For point of maxima or minima

P'(T) = 0

- 1.28T + 484.8 = 0

1.28T = 484.8

T = $378.75

now,

again differentiating (1) to check for maxima or minima

P''(T)= -1.26(1) + 0

P''(T) = -1.26

Since,

P"(T) < 0

Hence,

T = $378.75 will maximise the profit

6 0

3 years ago

In the business world, a _________________ is recognized as a legally acceptable way for any business to keep knowledge of its p

neonofarm [45]

Answer:

Trade secret

Explanation:

A trade secret refers to things like a process, formula or design that a company owns that have an economic value and provide a competitive advantage and that are known only by certain people inside the organization. According to this, the answer is that in the business world, a trade secret is recognized as a legally acceptable way for any business to keep knowledge of its particular methods of production from being known by competing firms because trade secrets refer to intellectual property that allows the organization to have a competitive advantage and they are maintained as a secret to avoid competing firms to copy its methods.

7 0

3 years ago