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Alenkinab [10]
3 years ago
10

Albert, an accountant, is attending a meeting at the Greatview Hotel. The meeting, which has drawn more than 200 accountants fro

m around the state, was organized by an accounting association to acquaint the state’s accountants with new state and federal accounting rules. This type of meeting is called a(n)____
Business
1 answer:
lutik1710 [3]3 years ago
5 0

Answer:

Professional and technical meeting

Explanation:

A professional and technical meeting is a type of meeting whereby people from a particular profession who are practicing, converge to deliberate on matters that has to do with regulations and other issues that affects or concerns the practitioners of that particular profession. Such meetings is usually held and organized by the professional body or association of such profession in order to discuss issues that has to deal with the status of the profession and organization matters, technical developments etc.

The meeting organized by an accounting association as described in the question above can be called a <em>professional and technical meeting</em>, as many accountants around the state were drawn to the meeting to become acquainted with the new state and federal accounting rules.

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A business buys motors that it uses to make blenders and mixers. The motors are an example of?
Levart [38]

Answer:

components

Explanation:

Components are goods used as materials in manufacturing other products. They are finished products in the real sense but are used as parts in making other products. Components are usually by an original equipment manufacturer and sold to other manufacturing companies or consumers as spare parts.

Motors are complete goods manufactured by an original equipment manufacturer. The manufacturer sells the motors as components to be used in the production of blenders.  The motors are, therefore, material used in the making of blenders.

8 0
3 years ago
On January 3, 2019, Carey discovers his diamond bracelet has been stolen. The bracelet had a fair market value and adjusted basi
Mama L [17]

Answer: $1,900

Explanation:

Theft loss deduction is calculated by adjusting the fair market value of the asset for a theft loss floor limitation of $100 and 10% of the person's AGI.

Theft loss deduction is:

= Fair value -Theft floor limitation - 10% of AGI

= 7,000 - 100 - (10% * 50,000)

= $1,900

3 0
3 years ago
Fiat borrowed $80,000 on October 1, 2019. Fiat will not make any payments until October 1, 2021, and at that time, Fiat will pay
natita [175]

Answer:

The answer is d. Interest payable of $2,500; interest expense of $2,000

Explanation:

Interest component over 2 years = $84,000- $80,000 = $4000

interest expense for a year = 4000/2 = $2000

Interest payable = 1.25 years   * 2000 = $2500

8 0
3 years ago
What is the major determinant of supply? 
Lorico [155]
The available demand and goods
4 0
4 years ago
You estimate that by the time you retire in 35 years, you will have accumulated savings of $2 million. If the interest rate is 8
lbvjy [14]

Answer:

We can use the present value of an annuity formula to determine the annual distribution. I'm assuming that your distributions will be made in a similar manner to an annuity due (the first payment happens when you retire).

annual distribution = principal balance / PV annuity factor

  • principal balance = $2,000,000
  • PV factor annuity due, 8%, 15 periods = 9.24424

annual distribution = $2,000,000 / 9.24424 = $216,350.94

if instead, the first distribution is received at the end of the first year of retirement, then the annual distribution will be:

annual distribution = principal balance / PV annuity factor

  • principal balance = $2,000,000
  • PV factor ordinary annuity, 8%, 15 periods = 8.55948

annual distribution = $2,000,000 / 8.55948 = $233,659.05

5 0
3 years ago
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