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3 years ago

A salary owed to employees is an example of an accrued expense a. True b. False

2 answers:

8 0

<span>An accrued expense in accounting is any liability that is accounted for before it's actually paid. So any money that an employee earned by doing their jobs is money owed to them and put down in the accounting ledger as an 'accrued expense'. True</span>

pogonyaev3 years ago

5 0

<span>a. True

An accrued expense is an expense that exists in the books before it is paid off and it's a liability. It's a periodic and documented expense, and they are the opposite of prepaid expenses. A salary owed to employees is an example of an accrued expense.</span>

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If the nominal interest rate is 4 percent and the inflation rate is 6 percent, then the real interest rate is a.-4 percent. b.-2

marta [7]

The real interest rate given the nominal and inflation rate is -2 percent

<h3>How to calculate the real interest</h3>

The formula for calculating real interest given the nominal and inflation rate is expressed as:

Real interest rate ≈ nominal interest rate − inflation rate

Given the following

Real interest = 4%

inflation rate = 6%

Substituting into the formula

Real interest rate = 4% - 6%

Real interest rate = -2%

Then the real interest rate given the nominal and inflation rate is -2 percent

Learn more on real interest here: brainly.com/question/25545513

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2 years ago

Suppose that a monopolist sells a product to men and women. If the firm sets a single price, the monopolist would produce 100,00

matrenka [14]

Answer:

Monopolist can charge a higher price from women.

Explanation:

A monopolist is producing 100,000 units of a product.

The price of the product is $5 per unit.

The price elasticity of demand for men at this price is -3.5.

The price elasticity for women, on the other hand, is -0.8.

This means that the men have a relatively elastic demand for the product. While on the other hand, women have relatively inelastic demand. This implies that if the price is increased the demand from women will not change by a greater proportion.

While demand from men can change to a greater proportion because of a change in price.

In this situation, the firm can charge a higher price from women. This is an example of third-degree price discrimination.

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3 years ago

A buyer and seller enter into a written contract for the sale of a four-bedroom home. If either party defaults under the contrac

krok68 [10]

Answer: Four years

Explanation:

One of the vital reasons for agreement is that they bind both parties in fulfilling each other's vow to what they have agreed and when any of the party goes contrary to the agreement a law suit is filed against them, the specific time to file a law suit against the other party involving structures is four years.

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3 years ago

Qcp-rddp-tkt<br> j.oin no.w

Elena-2011 [213]

Answer:

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3 years ago

Read 2 more answers

One year ago, you purchased a stock at a price of $55.20 per share. Today, you sold your stock at a loss of 18.63 percent. Your

xeze [42]

Answer:

Dividend = $2.34

Explanation:

Purchase Price = $55.20

Loss on stock = 18.63% of $55.20 = $10.28

Capital Loss = $12.62

Dividend = Capital Loss - Total Loss

Dividend = $12.62 - $10.28

Dividend = $2.34

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3 years ago