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balandron [24]
3 years ago
7

Liabilities are:___________ a) deferred credits that are recognized and measured in conformity with generally accepted accountin

g principles. b) any accounts having credit balances after closing entries are made. c) obligations to transfer ownership shares to other entities in the future. d) obligations arising from past transactions and payable in assets or services in the future.
Business
1 answer:
adell [148]3 years ago
8 0

Answer: d) obligations arising from past transactions and payable in assets or services in the future.

Explanation:

Liabilities are financial obligations meant to be catered for by an organization in the running of its business.

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Assume the state of Alabama placed a tax on playing cards of 6 cents per pack. If the state generated $48600 in revenue, how man
Rasek [7]

Answer:

the number of packs of cards sold is 810,000 units

Explanation:

The computation of the number of packs of cards sold is shown below:

Tax revenue  = tax per good  × goods

$48,600 = 0.06 ×  Q

Q =$48,600 ÷ 0.06

Q = 810,000

hence, the number of packs of cards sold is 810,000 units

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

3 0
3 years ago
What are primary and secondary markets?
kotegsom [21]

Answer:

Explanation:

The primary market is the market in which the new securities like bonds, stocks, etc are offered to the general public for the first time or we can say Initial public offer.

The initial public offer is an example of the primary market .

On the other hand, the secondary market is that market in which the securities are purchased or sold through the investors after offering to the general public.  

Example - New York Stock Exchange (NYSE), etc.

8 0
3 years ago
Gloria just started working for GlenMack. As part of her signing bonus, she received 20 shares of GlenMack stock. Gloria is exci
EastWind [94]

Answer:

Public Company

Explanation:

In the given case, since it is mentioned that Gloria working for GlenMack now as a part of the signing bonus she received twenty shares from the stock of GlenMack now she is excited to contribute to the company and also wants to track the shares value on the new york stock exchange so here the Glenmust must be public company as the stock are listed on the stock exchange

So the same is to be relevant

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3 years ago
Pioneer has developed a new consumer electronics item-a heterogeneous shopping product with unique patented features. it probabl
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Which of the following is a retirement plan offered by banks and investment companies in which an individual can deposit money t
Makovka662 [10]
Roth IRA would be the answer.
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3 years ago
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