1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
julsineya [31]
3 years ago
12

WILL GIVE BRAINLIEST TO THE CORRECT ANSWER

Business
1 answer:
Andre45 [30]3 years ago
4 0

Q1 is CASH IS ACCEPTED EVERYWHERE NOT TRUE FOR CREDIT

Q2 ans is TARIFFS AND EXERCISE TAXES

You might be interested in
Firm A employs a high degree of operating leverage; Firm B takes a more conservative approach. Which of the following comparativ
Aneli [31]

Answer:

Statement B is correct.

Explanation:

High Operating Leverage represents higher fixed cost in comparison to variable cost, and thus that means the company will get its break even earlier or we can say with low units, but after break even profits will be higher.

As in the given case Firm A has higher Operating Leverage than Firm B, thus Firm A has lower Break even point but eventually its profit after reaching break even will grow higher.

Thus, Statement B is correct

4 0
3 years ago
8.Kline and Salomon form the KS Partnership as 50/50 partners. Kline contributes equipment that has a fair market value of $60,0
mojhsa [17]

Answer: $40,000

Explanation:

Kline brings in equipment that is worth $60,000 but has a basis of $45,000.

The equipment however is subject to a loan of $10,000.

This loan will have to be deducted from the basis. The partnership however is assuming the loan and Kline is only 50% liable in the partnership so Kline's basis will only be affected by half of the loan.

Basis = 45,000 - 5,000

= $40,000

5 0
3 years ago
John owes Kathleen​ $5,000. In​ January, Kathleen assigns her right to collect the money to Jennifer. In​ March, Kathleen assign
Ann [662]

Answer: Kathleen

Explanation:

English Rule is that it does not matter about anyone else in the case. So long as John owes money to Kathleen, then Kathleen is the one who can claim the money.  

5 0
3 years ago
Read 2 more answers
Rosalie is a rather easy-going kind of woman. she works hard when she's at the office, but she refuses to do more than 40 hours
seropon [69]
<span>By the above mention condition we can conclude that Rosalie has a Type B personality. Some of the character traits involved in Type B are being flexible, emotional and expressive, relaxed and have a laid-back attitude. This Type B personality can help decrease the risk of heart disease.</span>
3 0
3 years ago
Shankar Company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February
OverLord2011 [107]

Answer:

Debit Inventory $40,600

Credit Cash account $40,600

Being entries to recognize the cost of inventory

Explanation:

The initial recognition of inventory is to be done including all the cost incurred in bring inventory to the place of use or storage. These includes freight and the cost of the item. When inventory is purchased on account, entries required are Debit Inventory, credit account payable. Where cash is paid, the debit is same but the credit entry is posted to the cash account.

Hence total cost incurred (which is the cost of inventory)

= $40,000 + $600

= $40,600

6 0
3 years ago
Other questions:
  • The $10,000 cash that exceeds the partnership liabilities is to be disbursed immediately. If profits and losses are allocated to
    13·1 answer
  • Denny Co. sells major household appliance service contracts for cash. The service contracts are for a one-year, two-year, or thr
    9·1 answer
  • Blossom Co. leased machinery from Young, Inc. on January 1, 2020. The lease term was for 8 years, with equal annual rental payme
    6·1 answer
  • When Japanese carmakers attacked the existing U.S. automobile market by first offering small fuel-efficient cars, and then lever
    15·2 answers
  • If a firm averages $2,000 in daily credit sales and offers 60-day terms, the average accounts receivable balance will be $120,00
    8·1 answer
  • SEC rule 415 allows "Shelf Registration." This permits one registration statement to cover all securities to be issued during th
    8·1 answer
  • For the current year, Delta Corporation has beginning and ending inventories of $80,000 and $100,000, respectively. Cost of good
    5·1 answer
  • When Microsoft introduces a new version of its Windows operating system, it typically uses selected magazine, Internet, and dire
    14·1 answer
  • Suppose the equilibrium real federal funds rate is 3 percent, the target rate of inflation is 3 percent, the current inflation r
    5·1 answer
  • When the money supply decreases a.interest rates fall and so aggregate demand shifts right. b.interest rates rise and so aggrega
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!