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3 years ago

An expectation that people will help those who depend on them is known as the

1 answer:

6 0

I believe the answer you're looking for is "social responsibility norm". Hope this helps and good luck!
- Just Peachy

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Define the concept entrepreneur

Katena32 [7]

An entrepreneur is a person who manages and organizes a business. They also assume the risk of the business or enterprise.

8 0

2 years ago

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Food handlers must remove all objects on their hands and wrist except

noname [10]

Except for gloves any other object can transfer bacteria.

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3 years ago

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A local private not-for-profit health care entity incurred the following transactions during the current year. Record each of th

erastova [34]

Answer:

JOURNAL ENTRIES

a) Debit investment $160,000 Credit Unrestricted Cash $160,000

b) Debit Permanent Restrictions cash $80,000 Credit Donations received $80,000

c) Debit Medicine Asset (on hand) $25,000 Credit $25,000 Restricted cash $25,000

d) Debit Accounts receivables $600,000 Credit N.G.O Revenues $600,000

e) Debit depreciation $38,000 Credit Accumulated depreciation $38,000

f) Debit Restricted Cash $15,000 Credit Interest income $15,000

g) NO entry ( estimate and future action)

h) Medicine expense $25000 Credit Medicine asset $25000

i) Debit Restricted Cash $172,000 Credit Investment $160,000, Credit Gain on sale of investment $12,000

Debit Equipment $187000 Credit Restricted cash $187000

j) no entry ( just promises)

UNRESTRICTED CASH

a) investment - 160000

RESTRICTED CASH (TEMPORAL)

c) Medicine -25000

f) Interest +15000

i) sold investment + 172000

= 162000

Restricted cash permanent

b) Donations +80000

Explanation:

EQUIPMENT = Temporal restricted cash = 162000+25000 = $187,000

The donation's money is restricted only to donations

7 0

3 years ago

Which statement of cash flow method would require the disclosure of the noncash transaction of acquiring a factory financed enti

Pie

Answer: Direct and indirect statement of cash flows

Explanation: statement of cash flows shows the overall computed inflow and outflow of cash that took place in an organization over a given period of time. It shows how well an organization managed it's cash which is used to settle it's debts and make profit.

The direct method only considers the cash inflow and outflow into account and produces the cash flow from it's operations.

The indirect method considers the net income as the starting point and prepare the inflow and outflow using adjustments.

3 0

3 years ago

You own a building that has four possible uses: a cafe, a craft store, a hardware store, and a bookstore. The value of the build

Svetlanka [38]

Answer:

The opportunity cost = $2.5

Explanation:

Given:

You own a building that has four possible uses: a cafe, a craft store, a hardware store, and a bookstore. The value of the building in each use is $2,000; $3,000; $4,000; and $5,000, respectively.You decide to open a hardware store.

Question asked:

The opportunity cost of using this building for a hardware store ?

Solution:

As we know:

$Opportunity\ cost =\frac{What\ you\ sacrifice}{What\ you\ gain} \\ \\$

What you sacrifice = Value of a cafe + Value of a craft store + Value of a bookstore

= $2000 + $3000 + $5000 = $10,000

What you gain = Value of a hardware store

= $4000

Thus, the opportunity cost of using this building for a hardware store is $2.5

7 0

3 years ago