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Marizza181 [45]
3 years ago
7

The most common type of firm in the united states is the

Business
1 answer:
mote1985 [20]3 years ago
6 0
A) a proprietorship is the most common type of firm in the United States.
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If revenues are recognized only when a customer pays, what method of accounting is being used?Recognition basisAccrual-basisMatc
Dvinal [7]

Answer:

The correct answer here is Cash basis.

Explanation:

One of the methods of recording accounting transactions for income and expenses is cash basis accounting , where the transactions are only recorded when income is received in cash or expenses are paid in cash. This accounting method is not accepted by GAAP (Generally accepted accounting principle ) and IFRS ( International financial reporting standards ) because this method violates the income ( revenue ) and expense recognition principle.

3 0
3 years ago
if Alexis invest $2,000 into a fund that earns 5.5% interest compounded annually, how long will it take for her investment to gr
madreJ [45]

Answer:

73 years

Explanation:

To solve this problem, we can use the formula for the annual compound interest, which is:

A=P(1+r)^t

where:

A is the final amount after time t

P is the principal

r is the rate of interest

t is the time

In this problem, we have:

P=\$2000 is the principal

r=0.055 is the interest rate (5.5%)

We want to find the time t at which the amount of money is

A = $100,000

Therefore, we can re-arrange the equation and solve for t:

(1+r)^t=\frac{A}{P}\\t=log_{1+r}(\frac{A}{P})=log_{1+0.055}(\frac{100,000}{2000})=73

So, it will take 73 years.

3 0
3 years ago
Scarcity is a condition that is everywhere and always, since it is based upon two assumptions that reflect permanent universal c
Musya8 [376]

Answer:

Scarcity is a condition that is everywhere and always, since it is based upon two assumptions that reflect permanent universal conditions. The assumptions are that more output will satisfy more wants and the world has limited productive resources

Explanation:

Due to the fact that there is high demand in market and there is limited productive resources which in turns affect the demand, hence; causing scarcity

3 0
3 years ago
Which school faculty member should you talk to about enrolling in an AP<br> course?
gregori [183]

Answer: The guidance counselor

Explanation:

Social worker is someone who helps people cope with the challenges tahtnthwy face in their lives. Social workers work with people who have addiction issues, people with disabilities, children etc.

A paraprofessional refers to someone who's specially trained to support students in school. Such oeeosn can be a teaching assistant, special education paraprofessional etc.

A registrar is the keeper of records in an educational institution whinis charged with the responsibility of registering students, and keeping their academic records.

The guidance counselor is a professional who provides career, academic, and social-emotional competencies to the students in a schoool through counseling. Such person is the faculty member smtaht you should talk to about enrolling in an AP.

course?

3 0
3 years ago
You visit a tropical island that has only four goods in its economy—oranges, pineapples, coconuts, and bananas. there is no mone
Reil [10]
I don’t know sadly I don’t know I don’t know sadly I don’t know
8 0
3 years ago
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