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3 years ago

Match the terms in Column I with the definitions in Column II.

Business

1 answer:

Aleksandr-060686 [28]3 years ago

7 0

Answer: 1) Drawer = B. Writer of the check. A drawer is who signs the check.

2) Drawee = F. payee. The check is in favor of this person.

3) Endorsement = D. transfer the check.

4) Post-dated check = E. future date. It is a check that can be cashed from a future date.

5) Prove cash = C. reconcile the bank statement.

7) Imaged check = A. substitute check.

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in a traditional economy . group of answer choices resources are controlled by the people resources are used in their natural st

zloy xaker [14]

in a traditional economy resources are controlled by the people resources are used in their natural state

<h3>What is a traditional economy?</h3>

A traditional economy can be described as a kind of economic system whereby the traditions as well as the customs, and beliefs is been used in shaping the goods as well as the services of the economy produces, in the manner of their distribution.

In this case, it should be noted that Countries that use this type of economic system are often rural and farm-based, hence traditional economy resources are controlled by the people resources are used in their natural state

Learn more about traditional economy from

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2 years ago

Why do so proprietorships and partnerships pay relatively lower taxes than other types of business organizations

Varvara68 [4.7K]

<h3>An LLC also known as a Limited Liability Corporation is a type of business often pays similar taxes as that of a sole proprietorship or a partnership depending on whether there are one or more members. An LLC is normally formed by one or more people and they are given an EIN number which is their business ID number whereas a sole proprietor will use their social security number as their business ID number. </h3>

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4 0

4 years ago

The Thomlin Company estimates that total overhead for the current year will be $16,000,000 and that total machine hours will be

anzhelika [568]

Answer:

d. $80 per machine hours

Explanation:

The computation of the overhead rate is shown below:

Overhead rate = Estimated total overhead cost ÷ total machine hours

= $16,000,000 ÷ 200,000 hours

= $80 per machine hours

The overhead rate is come by dividing the estimated total overhead rate by the total machine hours

All the other information that is mentioned is not considered. Hence, ignored it

4 0

3 years ago

Acme Enterprises just bought a new manufacturing machine. Which of these costs should be capitalized? (Check all that apply.)

ankoles [38]

Answer:

Option D, E and F. See below for information.

Explanation:

Costs are capitalized when they form a principal part of the asset. These costs may include any costs that are needed to make the asset operational and any costs that are incurred to bring the asset to operating premises.

As such the $15,000 freight bill that brings the asset in premises, the invoice price of $500,000 which comprises the cost of the capital asset and the one time cost of $8,000 to tear down the wall and install the asset are all capital costs and are to be capitalized in the final cost of the asset to be recorded.

All other are annual expenses are not to be capitalized (Option a, b and c)

Hope that helps.

4 0

3 years ago

Suppose you will receive $500 in one year and the risk-free interest rate (rf) is 5%. The equivalent value today is closest to:

scoundrel [369]

Answer:

$525

Explanation:

Calculation for The equivalent value today

Equivalent value=$500 × (1+.05)

Equivalent value=$500 × (1.05)

Equivalent value= $525

Therefore The equivalent value today is closest to:$525

6 0

3 years ago