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3 years ago

Please help with this exam WILL GIVE (BRAINLIEST)

Business

2 answers:

chubhunter [2.5K]3 years ago

8 0

Answer:3.career technical education

8.true

9.has fewer than 500 employees

10.someone recognizes an unfulfilled need

11.true

12.true

13.true

18.its Cato

20.associates degree

Sorry I couldn’t help you in all of the

Lady bird [3.3K]3 years ago

3 0

3.career technical education
8.true
9.has fewer than 500 employees
10.someone recognizes an unfulfilled need
11.true
12.true
13.true
18.its Cato
20.associates degree
Sorry I couldn’t help you in all of them

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Listed below are several transactions that took place during the first two years of operations for the law firm of Pete, Pete, a

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Answer:

Cash Flow

year 1: cash generated in operating activities: 35,000

year 2: cash used in operating activities (28,000)

Receivables:

year 1: 23,000

year 2: 40,000

Net Income

year 1: 32,000

year 2: 59,000

Explanation:

Cash flow:

operating activities: year 1

collected from client 170,000

salaries paid to employees (100,000)

utilities (35,000)

insurance policy (63,000)

cash used in operating activities (28,000)

operating activities: year 2

collected from client 200,000

salaries paid to employees (110,000)

utilities (55,000)

cash generated in operating activities: 35,000

receivable:

billed - collected

year 1 receivables 193,000 - 170,000 = 23,000

year 2 receivables 240,000 - 200,000 = 40,000

Income Statement year 1

fees revenues 193,000

salaries (100,000)

utilities (40,000) (incurred cost)

insurance (21,000) (63,000 for three years, the value of 1 year is 21,000)

net income 32,000

Income Statement year 2

fees revenues 240,000

salaries (110,000)

utilities (50,000) (incurred cost)

insurance (21,000) (63,000 for three years, the value of 1 year is 21,000)

net income 59,000

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2 years ago

Which of the following is an example of a negative externality?a. bad weather reduces the size of the wheat cropb. a reduction i

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Answer: Negative externality is defined as the cost that is incurred by a individual who isn't involved in the economic transaction.

In the above question, the following is the example of negative externality: smoking harms the health of nonsmokers who are nearby.

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Therefore, the correct option is (c)

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3 years ago

Nathan has $300 to open a checking account. He wants an account with the lowest fees. He plans on using the ATM machine, and his

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The answer would be account D

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3 years ago

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Kim hired Gold Contracting to build a pool and a fancy gazebo in her backyard. The plans were complex and required expert workma

Rufina [12.5K]

Answer:

B. Kim will win, because the bonus is a reward for work they have already performed, which is past consideration and cannot be used to create a contract.

Explanation:

In order for a contract to be enforceable, consideration must be exchanged between both parties. In this case, Kim made a promise that included consideration ($3,500) but Gold didn't exchange of give anything back. The swimming pool is already finished and it represents another different contract.

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2 years ago

On December 31 of Swift Co.’s first year, $70,000 of accounts receivable is not yet collected. Swift estimates that $4,000 of it

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Answer:

1. $66,000

2. $66,000

Explanation:

The computations are shown below:

1. Before written off:

= Account receivable balance - uncollectible amount

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= $66,000

2. After written off:

= Account receivable balance - second year written off amount - uncollectible amount + second year written off amount

= $70,000 - $700 - $4,000 + $700

= $66,000

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3 years ago