Answer:
b. Overstate operating income
Explanation:
According to my research on business financing terms, I can say that based on the information provided within the question the impact of this would be an overstated operating income. This refers to a balance that is documented as having more money than it actually has. This would be the case since the payroll payments have not yet been subtracted.
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Answer:
(A) The cash surplus can be used for a variety of purposes. In the short-term, they may replace their car, buy better furniture, or more quickly pay off their home. TRUE
(B)Alternatively, they may purchase stocks and bonds, or increase their savings for future needs. TRUE
(C) Investments in the stock market are generally designed to increase an individual's future wealth, the purchase of bonds typically allows one to at least retain their purchasing power, while investment in savings accounts provide liquidity. FALSE
Explanation:
(A) The currency can be used to anything he owner wants.
(B) Correct, the ecnomics always define that a person after receiving his income has only two option available. It can used in consumer goods. Or it can saved to invest
(C) The reason the stock and bonds exist is to raise fund for companys whichyield a return. The company takes the most benefit from this system as it would be difficult to convince a single peroson to invest a large amount in his business. Through sotck it can ask for fewer amount to more people but, this people will receive an income but it won't become rich for a couple shares.
As this part is not true, then the whole sentence must be catalogate as false.
Answer: $17800
Explanation:
The opening balance of Retained earnings = $24,100
Net Income for the year = $19,900
Closing balance of Retained earnings = $ 26,200
The, the amount of dividends declared during the year = (opening balance) +(Net Income) -(
Closing balance)
= $ (24100+19900-26200)
= $17800
Hence, the amount of dividends declared during the year is $17800.
Answer:
(D) denial of service
Explanation:
Denial of service -
It is a type of cyber - attack where offender tries to make the source of network or the machine unavailable for the user via disturbing the service of the of the internet .
The task of denial of service is done by flooding the machine or the source with many requests in a way to overload the system .
Hence , from the question , the example shown in the question is about denial of service .
Answer:
Contribution margin = $200,000
Explanation:
As per the data given in the question,
Contribution margin = Sales - Variable expense
Number of books = $880,000 ÷ $55
=16,000
Gross margin = 340,000
Variable selling expenses = 16,000 × $6
=$96,000
Variable administrative expense = $880,000 × 5%
=$44,000
Total = $96,000 + $44,000
= $140,000
Contribution margin = $340,000 - $140,000
= $200,000