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ss7ja [257]
3 years ago
9

Brad Edwards is earning $74,000 a year in a city located in the Midwest. He is interviewing for a position in a city with a cost

of living 10 percent higher than where he currently lives. What is the minimum salary Brad would need at his new job to maintain the same standard of living?
Business
1 answer:
arsen [322]3 years ago
8 0

Answer:

The correct answer is $81,400.

Explanation:

According to the scenario, the given data are as follows:

Current earning = $74,000

As Brad is searching for a city which is 10% higher than current city then to maintain same living he has to earn 10% more than he earns.

So, total earning needed = $74,000 + 10% of $74,000

  =  $74,000 + $7,400

  = $81400

Hence, the total earning brad needed is $81,400.

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Clancy sells shares in Darling Pool & Spa Company to Eton. Clancy does not deliver the actual possession of the shares to Et
Norma-Jean [14]

Answer: constructive delivery

Explanation: In simple words, constructive delivery refers to the actions when one individual transfers the tile to other by operation of law when the actual delivery is not possible in the situation.

Such deliveries are a concern for the jury and are usually constituted by them as one needs a third party to study in detail the facts and law relating to the transfer.

Thus, from the above we can conclude that the correct option is B .

8 0
3 years ago
Accounts Receivable has a balance of $5,000​, and the Allowance for Bad Debts has a credit balance of $420. The allowance method
ElenaW [278]

Answer:

Net realizable value of Accounts Receivable is $4,580

Explanation:

Balance in allowance for uncollectible account= Balance before write off - Account written off

=$420 - $140

=$280

Net realizable value of accounts receivable is:

Particular                                                Amount

Accounts Receivable balance               $5000

Less: Account written off                         <u>$140</u>

Balance after write off                             $4860

Less: Allowance for uncollectible          

account from step 1                                  <u>$280</u>

Net realizable value                                <u>$4,580</u>

4 0
3 years ago
Question 4 of 10
Anon25 [30]

Answer:

A

Explanation:

A court-ordered action that directs parties to do or not to do something

5 0
3 years ago
The following are the typical classifications used in a balance sheet:
goldfiish [28.3K]

Answer:

<u>a. Current assets</u>

Allowance for uncollectable accounts

Inventories

Prepaid rent for next 9 months

Cash

<u>b. Investments and funds  </u>

Investment in xyz corporation

<u>c. Property, plant, and equipment </u>

Equipment

Land in use

Building in use

<u>d. Intangible assets </u>

Patents

<u>e. Other assets</u>

Land held for investment

<u>f. Current liabilities</u>

Accounts payable

Deferred rent revenue for the next 12 months

Notes payable due in 6 months

Accrued liabilities

Taxes payable

<u>g. Long-term liabilities</u>

Notes payable due in 5 years

<u>h. Paid-in-capital</u>

Common stock

<u>i. Retained earnings</u>

Income less dividend accumulated

Explanation:

A Balance Sheet shows the balances of Assets, Liabilities and Equity as at the reporting date.

Assets

There are two major asset categories which are Current Assets and Non- Current Assets. Current Assets are assets not exceeding 12 months examples are Inventories and Cash. Whilst Non-Current Assets are assets exceeding a period of 12 months examples are Property, Plant and Equipment items such as Land, Investments and Intangible Assets

Liabilities

There are two major asset categories which are Current Liabilities and Non- Current Liabilities. Current Liabilities are liabilities due to be paid within a period not exceeding 12 months examples are Accrued liabilities and Accounts payable. Whilst Non-Current Liabilities are assets liabilities payable in a period  exceeding 12 months examples are Notes payable due in 5 years.

Equity

We have Paid In Capital such as Common Stock and Retained Earnings comprising of Profits and dividends.

Classification of items  as will be shown in the balance sheet will be done as above.

3 0
3 years ago
Why might large corporations be more likely to support development of sustaining technology rather than emerging technology?
elixir [45]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

The large corporations be more likely to support development of sustaining technology rather than emerging technology is because the <span> technology is already aligned with main revenue streams.
</span>
The answer is C. 
4 0
3 years ago
Read 2 more answers
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