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3 years ago

Emerging adulthood has traditionally been the optimal time for hard physical work, athletic achievement, and:

1 answer:

5 0

I had to look for the options and here is my answer:

Emerging adulthood has been the stage wherein optimal time for athletic achievement, hard physical work, and successful reproduction is considered a priority. The answer that best fits the blank is SUCCESSFUL REPRODUCTION. Hope this helps.

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Traxx is a newly emerging shoe manufacturing company. After extensive market research, Traxx divides its market into professiona

postnew [5]

Answer:

Segmentation

Explanation:

Market segmentation is the method of separating into factions or parts a market of potential customers based on the various features.

The divisions produced are made up of customers who react to marketing campaigns in a similar manner and share characteristics such as similar tastes, preferences, or locations.

7 0

4 years ago

A company should accrue a loss contingency only if the likelihood that a liability has been incurred is:At least reasonably poss

Fittoniya [83]

Answer:

The answer is: Probable and the amount of the loss can be reasonably estimated.

Explanation:

Losses should be recorded as soon as possible (conservatism principle) as long as they are probable and can be reasonably estimated. A loss doesn't have to occur to be recorded, that is why they are recorded as contingency losses. If the company finds it probable that a loss will happen but can't estimate it, then it can't record it as a contingency loss.

3 0

4 years ago

Which of the following is not a part of monitoring control plans? a. Ensuring appropriate communications b. Assessment by manage

fredd [130]

Answer:

d. Monitoring, and observing the work of others

Explanation:

A monitoring control plan is one where the controlling and the monitoring start as the project begins and the work process of the targeting and reviewing and regulating the process in order to meet the performance activities and it's the fourth process of the project management. This process oversees all the tracks and metrics that are needed for the authorized projects as to process with the minimum risks.

4 0

4 years ago

Please prepare the multi-step income statement, the statement of stockholders' equity and the classified balance sheet.

goldenfox [79]

Answer:

Operating Income = $53,000

Net Income = $39,000

Ending balance of common stock = $300,000

Ending balance of retained earnings = $95,000

Ending total stockholders' equity = $395,000

Total current assets = $198,000

Net long-term assets = $265,000

Total long-term assets = $285,000

Total assets = $463,000

Total liabilities = 68,000

Explanation:

a. Multi-step Income Statement

Multi-step Income Statement put each revenues and expenditures items into different categories to show gross profit and net income. This can be prepared as follows:

Multi-step Income Statement

For the year ended

Details $

Sales Revenue 545,000

Sales Discount (45,000)

Net Sales Revenue 500,000

Cost of Goods Sold (400,000)

Gross profit 100,000

Operating expenses:

Rent Expense (12,000)

Depreciation Expense (10,000)

Salaries Expenses (25,000)

Operating Income 53,000

Non-operating expenses:

Interest Expense (6,000)

Income before tax 47,000

Income Tax Expense (8,000)

Net income 39,000

Dividend paid (4,000)

Retained earning for the year 35,000

b. Changes in Retained Earnings

Details $ 

Beginning retained earnings 60,000

Retained earning for the year 35,000

Ending retained earnings 95,000

c. Movement in Common Stock

Details $ 

Beginning balance of common stock 250,000

Additional shares issued 50,000

Ending balance of common stock  300,000 

c. Statement of stockholders' equity

Details $ 

Beginning balance of common stock 250,000

Additional shares issued 50,000

Ending balance of common stock 300,000

Ending retained earnings 95,000

Ending total stockholders' equity 395,000

d. Classified Balance Sheet

Classified balance sheet shows each of the componets of assets, liabilities and equity. This can be prepared as follows:

Classified Balance Sheet

As at the year ended

Details $ $ 

Long-Term Assets

Buildings 65,000

Equipment 220,000

Total Long-Term Assets 285,000

Accumulated Depreciation 20,000

Net Long-Term Assets 265,000

Current Assets

Cash 12,000

Accounts Receivable 150,000

Supplies 36,000

Total Current Assets 198,000

Total Assets 463,000

Financed by:

Ending total stockholders' equity 395,000

Current Liability

Accounts Payable 28,000

Long-Term Liability

Notes Payable (Due in 2years) 40,000

Total Liabilities 68,000

Total Equity $ Liabilities  463,000 

Conclusion

As both the Total Assets and Total Equity and Liabilities are each equal to $463,000, it implies the financial statement is accurately prepared since both must always be equal.

7 0

4 years ago

In an output contract, the seller can operate a factory on a 24-hour-a-day schedule and can legally require that the buyer take

Len [333]

Answer:

yes

Explanation:

5 0

4 years ago