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Sunny_sXe [5.5K]
3 years ago
9

Monetary payments a firm makes to pay for resources are called

Business
1 answer:
timurjin [86]3 years ago
5 0
Answer: Explicit Costs
I hope it helps
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If a seller requires an intermediary to purchase a supplementary product to qualify to purchase the primary product the intermed
Mashcka [7]

Answer:

A Tying Contract

Explanation:

If a seller requires an intermediary to purchase a supplementary product to qualify to purchase the primary product the intermediary wishes to buy, it results in a tying contract. It is mostly treated as an illegal because it pushes  intermediary organization to buy other products if they wishes to purchase the products which is actually needed to be purchased. Some companies make it compulsory for their intermediaries in doing so. For example, if you have to buy 10 packs of Lays, then you must be buying 5 extra boxes of Pepsi as well. It is being done because of the power and market share that company is enjoying in the market, so they take its advantage.

7 0
3 years ago
From the list below, choose the one type of information that could be used to identify who you are.
Zanzabum
The date you were born
5 0
4 years ago
Ned Douglas owns Ned’s Blankets. Ned asks you to explain how he should treat the following reconciling items when reconciling th
eimsori [14]

In accounting, the purpose of reconciliation is to compare two sets of records for correction and make sure they are in agreement.

Here, Ned have some items which needed to be reconciled with the company’s bank account.

  1. For "the Outstanding checks", he should deduct the amount from balance per bank
  2. For "a deposit in transit", he should add to balance per bank
  3. For "the bank charged to our account a check written by another company", he should add to balance per bank and notify the bank of its error.
  4. For "a debit memorandum for bank service charge", he should deduct from balance per books.

Learn more about this here

<em>brainly.com/question/22929135</em>

3 0
3 years ago
K. Decker, S. Rosen, and E. Toso are forming a partnership. Decker is transferring $45,000 of personal cash to the partnership.
Elis [28]

Answer:

to record Decker's investment:

Dr Cash 45000  

    Cr Decker, Capital 45000

to record Rosen's investment:

Dr Land 10,000  

Dr Building 75,000  

    Cr Rosen, Capital 85,000

to record Toso's investment:

Dr Cash 10,000  

Dr Accounts Receivable 27,000  

Dr Equipment 14,000  

    Cr Allowance for Doubtful Accounts 2,700

    Cr Toso, Capital 48,300

total owners' equity = $178,300

6 0
3 years ago
ExxonMobil reports total assets of $188 billion and total liabilities of $87 billion. Citigroup reports total liabilities of $1,
Alexus [3.1K]

Answer:

$101 billion

Explanation:

The computation of the amount of stockholders' equity of ExxonMobil is shown below:

As we know that

Total assets = Total liabilities + stockholder equity

where,

total assets is $188 billion

And, the total liabilities is $87 billion

So, the stockholder equity is

= $188 billion - $87 billion

= $101 billion

8 0
3 years ago
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