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3 years ago

What is the elastic clause and how does it help the constitution remain relevant?

1 answer:

7 0

The elastic clause is a section of the constitution of the United States of America that grants Congress the authority and power to pass all laws that are needed to carry out the enumerated list of powers. The elastic clause can be found in article 1, section 8 of the Constitution. This law basically grants congress the power to pass the laws necessary for it to carry out its own functions. <span />

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These are selected 2022 transactions for Bramble Corporation:

astraxan [27]

Answer:

Dr amortization expense $14,500

Cr Copyright asset $14,500

Dr amortization expense $6,250

Cr Patent asset $6,250

Explanation:

First of all,a goodwill with an indefinite life is not depreciable,hence no adjusting journal entries would be prepared in respect of the goodwill.

However,the copyright would be amortized using the lower of useful life of 6 years and legal life of 30 years,the amortization expense for the year is shown below:

amortization charge=$87,000/6 years=$14,500

The patent is to amortized in the way as the as the copyright the lower of useful life and legal life.

amortization charge=$30,000/4 years*10/12=$6250

The patent was only used for 10 months in the year

8 0

3 years ago

Identify whether each example in below is a programmed or nonprogrammed decision.

insens350 [35]

Answer:

The answers are:

1. nonprogrammed decision

2. programmed decision

3. nonprogrammed decision

4. programmed decision

Explanation:

Programmed decisions are decisions for which the decision maker has developed certain set of guiding rules for, over time, as a result of repetition. Here the results can be predicted with a reasonable degree of accuracy, because the situations surrounding the circumstances are well known. In our example, feeding the puppy overtime has become routine, hence it is a programmed decision, also, the choice of tea at Starbucks is a programmed decision because you know what to expect and that is because you have tried the other varieties and come to a conclusion on the choices to be made which is well understood.

On the contrary, a nonprogrammed or nonroutine decision is a decision that is based on circumstances that are not entirely predictable to a reasonable extent. The structure of the circumstances surrounding the decision to be made is not well understood. There are so many "what ifs". These decisions can be said to be novel, and they are not routine. In our example, the choice of the constructor to use for your kitchen design and the decision by the accounting firm on whether to renew the lease or relocate are nonprogrammed because these decisions are not everyday decisions and the decision makers are not certain what the outcomes will be depending on the choices they make, if they will eventually regret it or not.

5 0

4 years ago

What is Mitch’s recommendation for whom you should target with your SEO? A. Only focus on people who are ready to buy now.B. Foc

Tatiana [17]

Answer:

D. Find a balance of relatively high traffic and motivated buyers.

Explanation:

Mitch Causey is the Director of Marketing at Lessonly, the easy learning software. Lessonly helps companies like Birchbox, Angie’s List, and ModCloth improve their employee learning programs by allowing them to build, share, and track their materials all in one place.

After consulting private clients, working in an organic search agency, and managing inbound marketing in a national, corporate environment, Mitch Causey is loving the autonomy and education that oozes out of the Lesson.ly culture. He leads the marketing efforts at the startup to help share these core values to the ripe-for-disrupting world of employee training.

7 0

3 years ago

Read 2 more answers

The income from what reliable source benefits the entire community by funding essential services and public works?

Flura [38]

The income from property taxes benefits the entire community by funding essential services and public works.

Funding refers back to the money required to start and run a commercial enterprise. it is a financial funding in a agency for product improvement, manufacturing, growth, income and marketing, workplace spaces, and inventory.

Funding is the act of imparting assets to finance a want, application, or challenge. at the same time as that is commonly inside the form of money, it may additionally take the shape of an attempt or time from an enterprise or business enterprise. The main resources of funding are retained profits, debt capital, and fairness capital.

Agencies use retained earnings from business operations to expand or distribute dividends to their shareholders. Companies boost finances by means of borrowing debt privately from a bank or by way of going public (issuing debt securities).

Learn more about funding here brainly.com/question/25887038

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2 years ago

Jones Company signed a 5-year note payable on January 1, 2019, of $100,000. The note requires annual principal payments each Dec

Diano4ka-milaya [45]

The entry to record the annual payment on December 31, 2020, by Jones Company is as follows:

Debit Note Payable $15,000

Debit Interest Expense $5,000

Credit Cash $20,000

<h3>How do you record annual payments?</h3>

Annual payments can be recorded by debiting the accounts that receive the value and crediting the account that gives value as above.

<h3>Data Analysis:</h3>

Note Payable = $100,000

Maturity period = 5 years

Date of Issuance = January 1, 2019

Principal repayment plus interest = December 31

Interest rate = 5%

Annual Interest in dollars = $5,000 ($100,000 x 5%)

Note Payable $15,000 Interest Expense $5,000 Cash $20,000

Thus, the entry to record the annual payment on December 31, 2020, by Jones Company is debits to Note Payable ($15,000) and Interest expense ($5,000), and a credit to Cash account ($20,000).

Learn more about recording annual payments at brainly.com/question/14290379

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2 years ago