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3 years ago

Importance of technology in today's industry?

Business

1 answer:

Crank3 years ago

3 0

Answer:

Without technology we can’t improve our life. And without improving technology we are stuck. Technology is solving all kinds of problems in the world. You can’t remove the problems, there will still be here even if you stop improving technology. And if you solve them, more problems will come. So technology is used to continuously solve problems, to improve people’s life, economy, education, and so on. What I think is that technology is one of the pillar of world development. If you remove it, everything else will fall.

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A liquid asset is one that is easy to cash in.

Yuliya22 [10]

Cash on hand is the most liquid asset. Money in a savings account is a popular liquid asset and is very easy to withdraw and more liquid than a loan to a business.

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3 years ago

Read 2 more answers

After 1989, Donna purchased series EE savings bonds for $2,500 at the age of 25. This year she redeemed the bonds for $5,000 and

Orlov [11]

Answer:

$1,000

Explanation:

Donna purchased series of savings bond for $2,500 at the age of 25

This year Donna redeemed the bond of $5,000

She paid $3,000 as expenses for her daughter education

The first step is the calculate the interest income

= $3,000/$5,000 × $2,500

= 0.6 × $2500

= $1,500

Therefore the interest that will be required by Donna to include in her gross income this year can be calculated as follows

= $2,500-$1,500

= $1,000

Hence Donna is required to include an interest of $1,000 in her gross income this year

3 0

3 years ago

Mountaineer Excavation operates in a low-lying area that is subject to heavy rains and flooding. Because of this, Mountaineer pu

vitfil [10]

Answer:

The Journal entries are as follows:

(i) On March 1,

Prepaid insurance A/c Dr. $24,600

To cash A/c $24,600

(To record the purchase of insurance in advance)

(ii) On December 31,

Insurance expense A/c Dr. $20,500

To Prepaid insurance $20,500

(To record the insurance expense)

Workings:

Insurance expense:

= $2,050 × 10 months (From March 1 to December 31)

= $20,500

4 0

3 years ago

Name and describe three ways that companies can benefit from being ethical.

dalvyx [7]

Higher revenues – demand from positive consumer support.
Improved brand and business awareness and recognition.
Better employee motivation and recruitment.

3 0

3 years ago

The Darwin Company reports the following information: Sales $76,500 Direct materials used 7,300 Depreciation on factory equipm

Andrei [34K]

Answer:

The correct answer is 24,500.

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the period cost by using following formula:

Period cost = Sales Salary expenses + Office salary expenses

Where, Sales salary expenses = 15,600

Office salaries expenses = 8,900

By putting value in formula we get,

Period cost = 15,600 + 8,900

= 24,500

Hence, period cost are 24,500.

7 0

3 years ago

Importance of technology in today's industry?​

Importance of technology in today's industry?