If it 10am eastern standard time in new York city

All liabilities involve a probable ____ sacrifice of economic benefits and arise as a result of _____ transactions or events.

stira [4]

All liabilities involve a probable future sacrifice of economic benefits and arise as a result of past transactions or events.

A liability is a debt that a person or business has, typically in the form of money. Through the transmission of economic benefits like money, products, or services, liabilities are eventually satisfied. Assets and liabilities can be compared. Assets are items you own or owe money to; liabilities are things you owe money to or have borrowed. A liability is an unfulfilled or unpaid obligation owed by one party to another. A financial liability is an obligation in the world of accounting, but it is more specifically characterized by previous business transactions, events, sales, exchanges of goods or services, or anything else that will generate income in the future.

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8 0

2 years ago

What two cultural factors influenced the variety of Chinese lays potato chip flavors

mel-nik [20]

Answer:

China and Japan.

Explanation:

:DDD

6 0

3 years ago

What is the difference between a direct distribution channel and an indirect

AveGali [126]

The use of intermediaries is the primary difference between the two.

Explanation:

Direct distribution channel is one in which the consumer is directly connected to the manufacturer and there is no use of a distribution system that is separate from them and there are no intermediaries.

The contact between the two is direct.

To the contrary in an indirect distribution channel there is no direct connection between the manufacturer and the person who is actually buying the product and the business is being mediated by the middlemen.

8 0

3 years ago

Resort Hotel Company replaces Sharon, a forty-five-year-old employee, with Terry. Sharonfiles a suit against the employer under

Alenkinab [10]

Answer:

D. Qualified for the Position

Explanation:

Prima Facie Evidence

Prima Facie evidence is evidence that is sufficient to establish a fact or prove a proposition unless otherwise refutted.

Age Discriminationi in Employment Act

The age discrimination in Employment Act in the US was established as a labour law in 1967 and it was established to ensure that anyone who is at least 40 years of age does not suffer from employment discrimination.

The fact that Sharon is a forty-five year-old employee means she is qualified to file a suit against her employers under the Act. However, as previously stated before it can be established whether she deserves a higher pay or more dependable than her replacement or was discriminated against because of age, Sharon will need to establish the fact that she's qualified for the position taken away from her.

If she cannot prove that proposition or it ends up being refutted by the organisation, then the Age Discrimination in Employment Act cannot be invoked.

5 0

3 years ago

The following bond investment transactions were completed during a recent year by Starks Company: Year 1 Jan. 31 Purchased 75, $

Nadusha1986 [10]

Answer and Explanation:

The Journal entries is shown below:-

Jan 31

Investment in Govt Bonds Dr, $75,000

Interest Receivable Dr, $375

To Cash 75,375

(Being cash is recorded)

July 31

Cash Dr $2,250

To Interest Receivable $375

To Interest Income 1,875

($75000 × 6% × 5 ÷ 12)

(Being interest on bond is recorded)

Aug 30

Cash Dr, $34,650

Loss on Sale of Bonds Dr, $700

($35,000 - 980 × $35)

To Investment in Govt Bonds $35,000

To Interest Income $350

(Being loss on sale is recorded)

Dec 31

Interest Receivable Dr, $1,200

To Interest Income $1,200

(40 × $1,000 × 6% × 6 ÷ 12)

(Being interest on bonds is recorded)

3 0

3 years ago