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fomenos
3 years ago
9

A computerized accounting system a.can be used to report only special reports that are too difficult to prepare manually. b.is u

sed to enter only unique information. c.simplifies the record-keeping process for the company. d.ensures that fraud will never occur within the company using it.
Business
1 answer:
trapecia [35]3 years ago
4 0

Answer:

C

Explanation:

A computerized accounting system is a software program that is stored on a company´s computer, network server, or remotely accessed via the internet and it can be a great benefit for a business. It can help streamline ccounting steps and help minimize errors.

Labor saving is the main aim of introduction of computers in accounting. It refers to annual savings in labor cost or increase in the volume of work handled by the existing staff.

Savings in time in another adg¿vantage. Time saved by using computers may be used for other jobs.

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On her way to visit her parents, Jennifer drives 265 miles in 5 hours.
Zolol [24]
Speed = distance/time
           = 265/5
           = 53 mph

hope this helps :)


4 0
2 years ago
You are bearish on Telecom and decide to sell short 100 shares at the current market price of $50 per share.
Elden [556K]

Answer:

A. $2,500

B. $60

Explanation:

A. Calculation to determine How much in cash or securities must you put into your brokerage account if the broker's initial margin requirement is 50% of the value of the short position

Initial Margin = 100*$50*50%

Initial Margin = $2,500

Therefore The amount of securities that you must put into your brokerage account if the broker's initial margin requirement is 50% of the value of the short position is $2,500

b. Calculation to determine How high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position

First step is to calculate the Maintenance Margin per share

Maintenance Margin per share = $50*30%

Maintenance Margin per share =$15

Second step is to calculate the Rise in price required

Rise in price required = $50*50% - $15

Rise in price required= $10

Now let calculate How high can the price of the stock go

Price of stock=$50+$10

Price of stock= $60

Therefore How high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position is $60

8 0
2 years ago
Joe and Michelle have a partnership firm. Based on the income-based method of calculating GDP, what category is the income earne
tekilochka [14]

Answer: B) employee’s compensation.

The income approach to measure gross domestic product or GDP starts with the income earned (wages plus plus rents plus interest plus profits) from the production of goods and services.

Based on the income-based method of calculating GDP, income or wages earned by Joe and Michelle for being partners can be categorized under B) employee’s compensation.


3 0
2 years ago
Need Help ASAP<br> Its a Career Planing
In-s [12.5K]

Answer:

All of the above

Explanation:

A Library is an accumulation of resources, materials and educational documents for the purpose of knowledge sourcing. It can be a physical building loaded with materials, journals, publications, etc, or an online platform.

A public library is a library open to everyone basically for the acquisition of knowledge online or offline. It also provides services such as access to internet facility, a quite environment, library staffs helping to sort for documents, photocopying borrowing of books, little entertainment, research resources, etc

6 0
3 years ago
Seating Company is currently selling 1,400 oversized bean bag chairs a month at a price of ​$95 per chair. The variable cost of
-BARSIC- [3]

Answer:

Contribution Margin Income Statement

+Sales Revenue                        1,400 x $95 = $133,000

-Variable production costs     1,400 x $65 = ($91,000)

-Variable selling costs              1,400 x $2 = ($2,800)

=Contribution Margin                $133,000 - $91,000 - $2,800

                                                 =  $39,200

-Fixed production costs          ($13,000)

=Net profit                                = $39,200 - $13,000

                                                 = $26,200

7 0
3 years ago
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