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3 years ago

The world intellectual property organization requires that e-businesses comply with the laws of ________.

1 answer:

5 0

The world intellectual property organization requires that the e-business comply with the laws of the country in which they are based because of the reason that the e-commerce company should comply with the laws of its own or home country which is simplified by the WIPO.

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For each of the following (1) identify the type of account as an asset, liability, equity, revenue, or expense, (2) identify the

romanna [79]

Answer:

Please see explanation.

Explanation:

1. and 2.

Type of accounts Normal balance

a. Cash asset Debit

b. Legal Expense expense Debit

c. Prepaid Insurance asset Debit

d. Land asset Debit

e. Accounts Receivable asset Debit

f. Dividends equity Debit

g. License Fee Revenue revenue Credit

h. Unearned Revenue liability Credit

i. Fees Earned revenue Credit

j. Equipment asset Debit

k. Notes Payable liability Credit

l. Common Stock equity Credit

Journal entries to increase the balance:

Dr Cr

a. Cash Cash Revenue

b. Legal Expense Legal expenses Cash

c. Prepaid Insurance Prepaid Insurance Cash

d. Land Land Cash

e. Accounts Receivable Accounts receivable Revenue

f. Dividends Retained earnings cash

g. License Fee Revenue Cash License Fee Revenue

h. Unearned Revenue Cash Unearned revenue

i. Fees Earned Cash Fees Earned

j. Equipment Equipment Cash

k. Notes Payable Cash Notes Payable

l. Common Stock Cash Common Stock

7 0

3 years ago

Which depict a negative externality? (Select all that apply)

kompoz [17]

Answer:

The corrects answers for this would be A and C.

Explanation:

As you can see, for both a and c, those are the only two answers that have a negative outcome, hence the negative externality.

5 0

3 years ago

Talk about why you think it is sometimes important to represent a procedure mathematically.

7nadin3 [17]

It is important, because you have to explain how to do a procedure in order for the former person to understand what you believe is correct in math.

7 0

4 years ago

We can show economic inefficiency: A. with points on the production possibilities frontier. B. with points inside and on the p

Deffense [45]

Answer:

The correct answer is option C.

Explanation:

The points on the production possibility curve show the efficient utilization of resources. The points below the curve show attainable but inefficient bundles. This is because the points below the curve imply that resources are not fully utilized and there are still some excessive resources left.

The points above the curve show those bundles that are unattainable. This is because these bundles need more resources to be achieved.

3 0

3 years ago

A. Find the FV of $1,000 invested to earn 10% annually 5 years from now. Answer this question by using a math formula and also b

vekshin1

Answer:

$1,610.51 (in both calculation)

Explanation:

1. Using Math formula,

We know, Future value, FV = PV × $(1 + i)^{n}$

Given,

Present Value, PV = $1,000

Interest, i = 10% = 0.10

Number of periods, n = 5 years

Putting the values in the formula, we can get,

Future value, FV = PV × $(1 + i)^{n}$

FV = $1,000 × $(1 + 0.10)^{5}$

or, FV = $1,000 × 1.61051

Therefore, FV = $1,610.51

2. Using excel formula,

See the image below:

We have to use present value as negative so that the result should be used as positive.

6 0

3 years ago