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malfutka [58]
3 years ago
15

Most people report higher levels of personal satisfaction by giving of their time rather than giving money to a charity

Business
1 answer:
REY [17]3 years ago
3 0

True. Most people report higher levels of personal satisfaction by giving of their time rather than giving money to a charity .

Explanation:

Most people do report higher levels of personal satisfaction when they invest their own time and do public service instead of just donating their money for charity and never seeing what good or bad it did for the people it was supposed to go to.

This is because when people volunteer they are actually able to see the impact of their work and meet the people they want to help, not just send money for donations.

This makes them feel more fulfilled as now they can see they have made a difference.

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Thomas Joslin was judged at fault in an automobile accident. Three others were awarded damages of $156,000, $75,000, and $69,000
Mrrafil [7]
$69.000 because it’s an less amount
6 0
3 years ago
Revenue is recorded when services have been performed or products have been delivered to customers. The accounting principle sup
VladimirAG [237]

Answer:

The revenue recognition principle

Explanation:

The revenue recognition principle states that revenue should be recorded when services have been performed or products have been delivered to customers and  not when cash is received for the service rendered

For example, if a supplier delivers 10,000 worth of goods to consumers in November and is paid for the goods in December. Revenue should be recognised in November and not December.

3 0
2 years ago
Holliman Corp. has current liabilities of $407,000, a quick ratio of 1.90, inventory turnover of 4.50, and a current ratio of 3.
Sati [7]

Answer:

Cost of goods will be $4670325

Explanation:

We have given current liabilities = $407000

A quick ratio = 1.90

Current ratio is 3.40 and inventory turnover = 4.50

We know that current ratio is the ratio of current assets and current liabilities

So 3.4=\frac{current\ assets}{current\ liabilities}

So current assets = $1383800

Now quick ratio is equal to = \frac{current\ assets-inventory}{curtrent\ liabilities}

So 0.85=\frac{1383800-inventory}{407000}\\

Inventory = $1037850

Inventory turnover is given 4.5

So 4.5=\frac{cost\ of\ goods\ sold}{average\ inventory}

4.5=\frac{cost\ of\ goods\ sold}{1037850}

So cost of goods sold = 4.5×$1037850 = $4670325

5 0
3 years ago
On January 1, 2021, Ackerman sold equipment to Brannigan (a wholly owned subsidiary) for $200,000 in cash. The equipment had ori
just olya [345]

Answer:  $‭322,000‬

Explanation:

Consolidated income = Net income from Ackerman + Net Income from Brannigan + Excess depreciation - Amortization of unpatented tech - Gain from transfer of equipment

Excess depreciation = New depreciation of equipment - Old depreciation

Depreciation is straight line;

= (200,000/5 years) - (110,000/5)

= $18,000

Gain from transfer of equipment

= Sales - Book value

= 200,000 - 110,000

= $90,000

Consolidated income = 300,000 + 98,000 + 18,000 - 4,000 - 90,000

= $‭322,000‬

5 0
3 years ago
Making a Decision as Chief Financial Officer: Contingent Liabilities
Verizon [17]

Answer:

sry need points

Explanation:

3 0
3 years ago
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