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Sliva [168]
3 years ago
13

The National Security Agency gathers and analyzes meta-data such as numbers, e-mail addresses and locations from cell phones and

the Internet.
True
False
Business
1 answer:
Elina [12.6K]3 years ago
3 0
False is the answer
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Assume that on September 1, Year 1, a six-month property insurance premium of $12,000 was paid for a policy whose coverage began
inn [45]

Answer:

Debit Insurance expense $8,000

Credit Prepaid insurance $8,000

Explanation:

The company uses asset method of recording the purchase of insurance. Hence, at end of year end the company must recognize the expire portion of the policy and charge it against insurance expense.

$12,000 / 6 months = $2,000 (monthly insurance expense)

$2,000 x 4 months (September 1 to December 31) = $8,000

Entry:

Debit Insurance expense $8,000

Credit Prepaid insurance $8,000

The balance of the prepaid insurance at the end of first year is $4,000 (12,000 - 8,000).

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4 years ago
Google this for me: What is business management?
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​if jason’s fixed cost totals $800 with variable cost per unit of $10 at a quantity of 100 units, what would his average total c
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3 years ago
Crane Company has a unit selling price of $500, variable costs per unit of $260, and fixed costs of $184,800. Compute the break-
Ostrovityanka [42]

Answer:

Break-even point in units= 770

Explanation:

Giving the following information:

Selling price= $500

Unitary variable cost= $260

Fixed costs= $184,800

<u>To calculate the break-even point in units using the mathematical equation, we need to use the following formula:</u>

<u></u>

Net income= unit contribution margin*x - fixed costs

x= number of units

0= (500 - 260)*x - 184,800

184,800/240 = x

770=x

<u>Now, under the unit contribution margin method:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 184,800/240

Break-even point in units= 770

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Firms use capital budgeting for their long-term asset investment decisions. Capital budgeting is important because fixed asset i
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Answer:

Please see attachment

Explanation:

Please see attachment

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