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3 years ago

True/False

Business

1 answer:

Eddi Din [679]3 years ago

7 0

Answer:

False

Explanation:

Have you ever heard the phrase "there are lies, [email protected] lies and statistics"?

The only way that a statistical study be 100% confident is that it involves everyone or everything. For example, if you want to carry on a study about how many US college students drive, in order to be 100% confident of the result, you would need to interview all the college students in the country.

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Included in Vernon Corp.'s liability account balances at December 31, 2017, were the following: 7% note payable issued October 1

Pavlova-9 [17]

Answer:

Explanation:

Short-term: due within a year after closing the statment: that is Dec 31th 2018

There are two promissory notes outstanding:

October 1st

and April 1st

April 1st 2017 was refinanced to a single payment in the long-term thusnot short term

Also during March, the borrower agree to refinance

The negociation for Oct 1st provee successfully thus we should consider the promissory note long-term notes still.

We can conclde there are no hort term note payable for Vernon as it manage to refinance all his short.term debt

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3 years ago

PB10-2 Recording and Reporting Current Liabilities with Evaluation of Effects on the Debt-to-Assets Ratio [LO 10-2, LO 10-5] Tig

Kipish [7]

Complete Question:

PB10-2 Recording and Reporting Current Liabilities with Evaluation of Effects on the Debt-to-Assets Ratio [LO 10-2, LO 10-5]

Tiger Company completed the following transactions. The annual accounting period ends December 31.

Jan. 3 Purchased merchandise on account at a cost of $24,000. (Assume a perpetual inventory system.) Jan.

27 Paid for the January 3 purchase.

Apr. 1 Received $80,000 from Atlantic Bank after signing a 12-month, 5 percent promissory note.

June 13 Purchased merchandise on account at a cost of $8,000.

July 25 Paid for the June 13 purchase.

July 31 Rented out a small office in a building owned by Tiger Company and collected eight months’ rent in advance amounting to $8,000.

Dec. 31 Determined wages of $12,000 were earned but not yet paid on December 31 (Ignore payroll taxes).

Dec. 31 Adjusted the accounts at year-end, relating to interest.

Dec. 31 Adjusted the accounts at year-end, relating to rent.

Required:

1. & 2. Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31.

3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31.

Answer:

Prepared journal Entries for Questions 1, 2 and 3 are attached as images in this order

1 Journal Entry Worksheet 1 (image 1)

2 Journal Entry Worksheet 1 (image 2)

3 Journal Entry Balance sheet 1 (image 3)

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3 years ago

What is a form of predictive analytics for marketing campaigns that attempts to identify target markets or people who could be c

Assoli18 [71]

The given statement belongs to "Uplift modelling" concept.

Explanation:

In analytical CRM Concept

Uplift modeling , customer segmentation and Website personalization are exist.

Uplift Modeling is an observational marketing method that forecasts the variance in the behaviour of consumers of a marketer's actions.

It splits the audience into groups that respond to the marketing camp against a control group based on the expected disparity.

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2 years ago

Nikhil is a design manager for a production company. He independently assigns teams, chooses projects, researches trends, and is

Papessa [141]

Answer: Based on this description, it's safe to say that Nikhil's job is high in c. autonomy.

Explanation:

What is meant by an autonomy character?

This is a person who is able to decide or make decisions without being forced to do so they are independent individuals who can take control of their own tasks at a very high standard level. They are professionally capable of using their freedom to make exceptional decisions that are well thought of and of high standard.

Nikhil works independently , is able to distribute the work to the team and is able to provide proper standard report every month without being told or forced to do so this qualifies under autonomy.

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2 years ago

Assume that interest rates on 15-year noncallable Treasury and corporate bonds with different ratings are as follows: T-bond = 7

miv72 [106K]

Answer:

Investors are risk averse, which means that they are willing to invest in low risk projects or investments. In order for an investor to invest in a riskier project, he/she will expect to receive higher returns to compensate for the extra risk. US Treasury bonds are probably the safest investments in the world, that is why they yield the lowest interest rate. AAA bonds are less risky than BBB bonds, which in turn are less risky than CCC bonds. That is why AAA bonds yield a lower return than BBB bonds, and BBB bonds yield a lower return than CCC bonds.

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2 years ago