All categories

3 years ago

HELP PLSSS

Business

1 answer:

Mnenie [13.5K]3 years ago

8 0

Answer:

1. is a qualification or level of competence that is authorized by a relevant third party to the specific qualification. It's usually in written form.

2. a- Gain work experience of the candidate.(eg occupational credentials) hence increasing earning capability.

b- Gain knowledge and proffessional skills that amounts to increase in competency lvls.

You might be interested in

Su Industries has international subsidiaries in Asia. These subsidiaries enter into transactions in both the US dollar and local

Savatey [412]

Answer: Increase / Gain of $36,000

Explanation:

Remeasurement loss, which arises from conversions of the various currencies used by the company to a functional currency, goes to the Income statement and is subtracted from the Net income.

Translation gains on the other hand, are added to the Other Comprehensive income.

The other comprehensive income will therefore increase by the translation gain of $36,000.

5 0

2 years ago

During 2019, Enrique had the following transactions: Salary $70,000 Interest income on Xerox bonds 2,000 Inheritance from uncle

expeople1 [14]

Answer:

The correct answer is B

Explanation:

Calculation of AGI for 2019 -

Salary Income $70,000

Interest income on Xerox bonds $2,000

Inheritance from uncle $ 40,000

Deduction : Capital Loss ($2500)

Contribution to traditional IRA ($5500)

Inheritance from uncle ($40,000)

Total = $64,000

6 0

3 years ago

7. What is the advantage of binding things as early as possible? What is the advantage of delaying bindings?

denpristay [2]

Answer:

1. early binding enhances performance

2. late binding gives flexibility

Explanation:

this is generally the advantage of early binding. early binding gives room for better efficiency

.This is because it would be needless to reanalyze every time whenever something is declared. Early binding is for performance.

meanwhile late binding is known to have better flexibility and gives room for more polymorphism. this binding gives extension to runtime.

3 0

3 years ago

If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution,

xenn [34]

<h3>Hello there!</h3>

Your question asks if you offer up your car as a demonstration that you will pay off your loan, would your car be used as collateral?

<h3>Answer: True</h3>

The reason why your answer would be "True" is because you're offering up your car for something that could not be very certain to do.

If you offered your car as a demonstration to pay off your loan, but you don't pay off the loan, the bank has every right to take the car from you, due to the fact that the car is on collateral.

Collateral is known as something that is "forfeited" or "security" for a repayment of a loan.

In this situation, you're offering your car as collateral if you don't pay the loan back. And if you don't pay the loan back, you're going to forfeit your car to the bank in order for them to use it as a way to get money to pay off the loan themselves. Banks, bail bonds, etc. usually have people put things up for collateral to keep a "safe" measure for the loan, due to the fact that they're giving people instant money. It's just a "security" or "safety" procedure banks due in order to get something in return if the loan is not paid off, so they won't be losing money or leave empty handed.

<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>

5 0

3 years ago

Equipment was purchased at a cost of $52,000. It had an estimated useful life of seven years and a residual value of $3,000. Ass

Gnesinka [82]

D) a debit to gain on Sale of Asset

The transaction is going to be between Accumulated Depreciation account and Gain on Sale of Asset. The Depreciation account would be credited whiles the Gain on Asset account is Debited.

Explanation:

Cost = $52,000

Estimated useful life = 7 years

Residual value = $3,000

Depreciation for each year

($52,000 -$3,000) / 7 years = $7,000

Accumulated Depreciation as at year 6

<em>$7,000 * 6 years = $42,000</em>

Carrying amount as at the end of year 6 is

Sales price is $14,000.

Profit or loss on sale

(sales price - carrying amount)

Therefore the profit/gain on sale of asset of $4,000 will be debited in the gain on sale of asset account.

5 0

3 years ago