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3 years ago

A(n) ____ activity is one that happens on a regular basis.

2 answers:

6 0

A recurring activity is one that happens on a regular basis. These activities usually are very similar and refer to the same thing and objective. Recurring activities that an organization carries out in order to enhance its efficiency and its ability to meet requirements can lead to c<span>ontinual improvement.
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vfiekz [6]3 years ago

4 0

<span>A recurring activity is one that happens on a regular basis; it occurs repeatedly. The frequency of occurence could take different forms, some are ongoing while others are intermittent with a whole range of combinations. Although all recurring task occurs again and again, repetition could take the form of minutes, days, or even seconds. The perpetuity of the cycle depends on the algorithms put into it. These tasks repeat themselves automatically over a specified period of time and may be scheduled as such.</span>

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g The Melville Company sold land for $60,000 in cash. The land was originally purchased for $40,000, and at the time of the sale

Tresset [83]

Answer and Explanation:

The impact on the sale and the payoff the loan in an accounting equation is as follows:

But before that

The following journal entries should be recorded

Cash $60,000

To Land $40,000

To Profit on sale of land $20,000

(Being the sale of the land is recorded)

Loan Dr $15,000

To Cash $15,000

(Being the loan is paid)

Here the cash would increased by $5,000, the liabilities would decreased by $15,000 and equity would be increased by $20,000

8 0

2 years ago

Monroe Construction Company uses the percentage-of-completion method of accounting. In 2013, Monroe began work on a contract it

deff fn [24]

Answer:

$2,400,000

Explanation:

Costs incurred during 2013 + estimated costs to complete (2014) = $9,600,000 + 6,400,000 = $16,000,000

The gross profit for all the project should be $20,000,000 - $16,000,000 = $4,000,000.

The $4,000,000 gross profit should be distributed as follows:

2013 = ($9,600,000 / $16,000,000) x $4,000,000 = $2,400,000

2014 = ($6,400,000 / $16,000,000) x $4,000,000 = $1,600,000

7 0

3 years ago

In order to accurately assess the capital structure of a firm, it is necessary to convert its balance sheet figures from histori

pychu [463]

Answer:

$19,708,745

Explanation:

We first have to calculate the present value of the bonds:

Nper = 20 (10 years x 2 payments per year)

R = 11% / 2 = 5.5%

Payment = 83 / 2 = 41.50

Future value = 1,000

PV = ?

To calculate the present value we can use an excel spreadsheet and the present value function =PV(5.5%,20,41.5,1000) = $838.67

Now we calculate how many bonds were issued = $23,500,000 / $1,000 = 23,500 bonds.

To determine the market value of the debt outstanding we multiply the present value of the bonds times the total number of bonds outstanding

= $838.67 x 23,500 = $19,708,745

8 0

3 years ago

If a firm is selling a search good it is more likely to

Hitman42 [59]

<span>If a firm is selling a search good, you will no doubt find them using informational advertising to promote their product because it has proven to be the most effective for this type of good. On the other hand, if they are selling an experience good, the advertising they will probably employ is persuasive advertising. Many companies have spent millions of dollars researching the best form of advertising for each product they offer for sale.</span>

3 0

3 years ago

Consider the following case: John Smith is a archaeologist with a Ph.D. He has excavated sites across much of South America and

STatiana [176]

According to the case, the use of Ph.D. on the ads for hair care products by John Smith is considered an example of the fallacy of inappropriate expertise.

The provided statement is true.

<h3>What is a fallacy?</h3>

A fallacy is an unlawful statement that is used by someone in stating any reasoning or argument which can even be harmful to society.

In the given case, John is having Ph.D. degree in the archaeology field, and his attempt to use the word Ph.D. on the haircare goods marketed by him would be a fallacy in respect of inappropriate expertise. The fallacy could be the use of the Ph.D. word on ads and the inappropriate expertise is that he doesn't have any knowledge regarding skincare and dermatology area.

Therefore, this may create a harmful effect on the individuals who are buying them as it is not authorized by a dermatologist.

Learn more about the fallacy in the related link:

brainly.com/question/2516239

#SPJ1

5 0

2 years ago