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3 years ago

If participants know what is being studied it will change the outcome

1 answer:

3 0

True, it's called the observer effect. When people know they're being studied they modify their behavior. Similar to a kid changing their behavior when their parent is in the classroom.

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Which account would be listed on a post-closing trial balance?

Elis [28]

Answer: c. Retained Earnings

Explanation:

The post-closing trial balance reflects balance sheet items that do not have a $0 balance in them when a period has ended and is prepared after the temporary accounts have been closed off. The purpose is to make sure that the debits equal the credits.

As there are no temporary accounts, all income statement items will have been closed off and moved to the Retained earnings account which will reflect the total for the income statement for the year. The only account that will be listed in the post-closing trial balance therefore will be the Retained earnings account.

7 0

3 years ago

The salesperson for the Big Apple Sign Corporation was trying to get a hardware storeowner to buy a new kind of advertising tool

Mars2501 [29]

Answer:

The answer is: E) modified rebuy

Explanation:

A modified rebuy happens when a company (or an individual consumer) will buy a product or service which it has already purchased in the past. But now the company wants to change either the supplier, the product's specifications or the terms of the sale.

In this case, the store owner had already bought advertising tools before, but not this type.

6 0

4 years ago

Read 2 more answers

Everything else held constant, when prices in the art market become more uncertain:______.

Ira Lisetskai [31]

the demand curve for the bonds shifts to the left and the interest rate rises

when the market is volatile , then the risk associated with the bond is very high . there is an inverse relation ship between risk and demand. when the risk is high, the demand for the bond decrease and the demand curve shifts to the left. also there is an inverse relation ship between the demand and interest rate. hence, when the demand decrease , the interest rate on the bond rises

the explanation for correct option because of an inverse relationship between the risk demand and demand interest rate, the interest rate cant fall when the demand curve shift to the left and when the risk is high , the demand curve shifts to the left only, not to the right .

Learn more about demand curve here.

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8 0

2 years ago

Given the following information for Ted’s Dread Co., calculate the depreciation expense: sales =$68,500; costs= $51, 700; additi

melisa1 [442]

Answer:

Depreciation Expense = $8,974

Explanation:

Ted's Dread Co.

Income Statement

Sales $68,500

Less: Costs $51,700

(4)Gross Profit $16,800

(5)Less: Depreciation Expense $8,974

(3)Income Before Interest and Taxes $7,826

Less: Interest Expense $2,130

(1)Income before Taxes $5,696

(2)Less: Tax $1,196

Net Income or Retained Earnings $4,500

Income Before Taxes = Net Income / (1 - Effective Tax Rate)

Income Before Taxes = $4,500 / (1 - 0.21)

Income Before Taxes = $4,500 / 0.79

Income Before Taxes = $5,696

Tax = Income Before Taxes x Effective Tax Rate

Tax = $5,696 x 21%

Tax = $1,196

Income Before Interest and Taxes = Interest Expense + Income before Taxes

Income Before Interest and Taxes = $2,130 + $5,696

Income Before Interest and Taxes = $7,826

Gross Profit = Sales - Costs

Gross Profit = $68,500 - $51,700

Gross Profit = $16,800

Gross Profit - Depreciation Expense = Income Before Interest and Taxes

Depreciation Expense = Gross Profit - Income Before Interest and Taxes

Depreciation Expense = $16,800 - $7,826

Depreciation = $8,974

3 0

3 years ago

Darell Hair Stylists's adjusted trial balance and statement of owner's equity follow.

il63 [147K]

Answer:

Total Assets = Total Liabilities and Stockholder's Equity = $20,200

Explanation:

An unclassified balance sheet is a type of balance sheet that does not present assets and liabilities under different categories. It only presents all assets in order of liquidity and liabilities in order of the shortness of their terms.

This can be prepared for this question as follows:

Darell Hair Stylists

Unclassifed Balance Sheet

At December 31, 2018

Particulars Amount ($)

Cash 1,000

Accounts Receivable 900

Office Supplies 600

Equipment 19,700

Accumulated Dep. - Equipment (2,000)

Total Assets  20,200 

Accounts Payable 900

Interest Payable 550

Notes Payable 3,400

Common Stock 10,650

Retained Earnings, Dec. 31, 2018 4,700

Total Liabilities and Stockholder's Equity  20,200 

Since Total Assets and Total Liabilities and Stockholder's Equity as it is normally required, that indicates that the unclasified balance sheet has been prepared accurately.

4 0

4 years ago