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3 years ago

When you buy an e-book at Amazon, it uses ________ to recommend an e-book by a similar author within the same genre.

Business

1 answer:

Anarel [89]3 years ago

8 0

Answer:

The correct word for the blank space is: the purchases history.

Explanation:

Purchases history allows businesses to have an idea of what the preferences of its customers are or how they can change over time. It is a helpful tool firms can use to offer similar or complementary products that may be of interest to their customers and that may end up increasing the organization's revenues if the consumer makes the additional purchase.

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Two independent situations are described below. Each involves future deductible amounts and/or future taxable amounts produced b

Vesna [10]

Temporary differences arise when there is a difference between the tax base and the carrying amount of assets and liabilities. Permanent differences are differences between the tax and financial reporting of revenue or expense items which will not be reversed in future.

<h3>What do you mean by temporary differences?</h3>

Temporary differences are defined as being differences between the carrying amount of an asset or liability in the statement of financial position and its tax base (ie the amount attributed to that asset or liability for tax purposes).

<h3>What causes a temporary difference?</h3>

Thus, when the tax bases are indexed for inflation, temporary differences arise as a result of the change in tax basis and those differences give rise to deferred taxes under ASC 740-10-25-20(g).

Learn more about temporary differences here:

<h3>brainly.com/question/24518361</h3><h3 /><h3>#SPJ4</h3>

3 0

2 years ago

Financial Statements of a Manufacturing Firm The following events took place for Sorensen Manufacturing Company during January,

wolverine [178]

Answer:

A. $185,000

B. Raw material $70,000

Work in process $50,000

Finished goods $85,000

Explanation:

A. Preparation of the January income statement for Sorensen Manufacturing Company

Sorensen Manufacturing Company

Income statement

Sales $1,200,000

Cost of goods sold $675,000

Gross profit $525,000

Operating expense

Selling expense $215,000

Administrative expense $125,000

Total operating expense $340,000

($215,000+$125,000)

Operating income $185,000

($525,000-$340,000)

B. Calculation to Determine the inventory balances at the end of the first month of operations.

Sorensen Manufacturing Company

Inventory Balances For the Month Ended January 31

Raw material =$250,000-$180,000

Raw material =$70,000

Work in process =$180,000+$450,000+$180,000-$760,000

Work in process =$50,000

Finished goods =$760,000-$675,000

Finished goods=$85,000

7 0

3 years ago

Which of the following did management at Zappos do to reduce the level of formalization in their organization?

melamori03 [73]

Answer:

A. They avoided asking their customer service reps in call centres to follow a detailed script.

Explanation:

Formalisation refers to the manner in which the company follows extra depth of procedures and takes extra unnecessary care of the customers, or even in the internal procedures of organisation also.

For the customers perspective, we have:

As asking their customers for service reps again and again will make the entire process formalised, and leaving it on the discretion of customers that when they want to avail the service makes it less formal and comfortable for customers.

Thus, avoiding the detailed script with some unnecessary details every time and following up again and again the function becomes less formal and comfortable.

Final Answer:

Option A

6 0

3 years ago

You are considering to buy a $250,000 property with a 80% LTV ratio and have two mortgage choices: a FRM or a FRM with an IO per

scoray [572]

Answer:

Statement # 1: False

Statement # 2: True

Statement # 3: False

Statement # 4: True

Explanation:

Lets look at each statement provided in the question and determine which of them is true or false.

Statement # 1 is false. First things first, the interest on this loan amount is higher which is at 4.15%. This is compared to the interest of 4% applicable on loan option 1. Secondly, there is a four year interest only option. This means that for 4 years there will be no repayments of the principal amount which means that the interest of 4.15% will continue to apply on the entire loan amount for these 4 years. In loan 1 however, principal repayments will reduce the principal amount after the 1st year which would further reduce the interest payment in the second year.

Statement # 2 is true. Loan 2 has an interest only period for the first 4 years. During this year you will only pay the 4.15% interest whereas in loan option 1, you will pay 4% interest AND the principal amount. The effect would offset once principal payments start in loan 2 but it would still mean that payments would be minimized in the first few years.

Statement # 3 is false. One of the advantages of having a loan with an interest free clause is that you can pay it off faster than a conventional loan. Since both the loans are fully amortizing, the principal payments would be different but would both result in the principal being repaid in the full 30 year tenor. Any extra payment that you wish to make would be counted towards principal payment in each loan option. However, for loan 1, the total monthly payments you make would remain the same. For loan 2, the extra payments that you make will continue to lower the monthly payments in way of interest which would allow you to save up more to pay more off in principal. The interest only period will also allow you to arrange extra funds during the IO period and repay the principal further. With loan 1, you will continue to make the same monthly payment until the end.

Statement # 4 is true. A fixed payment is being made each year by way of interest and principal repayments and will remain the same till the loan is fully amortized at maturity. In loan 2 on the other hand, a larger balloon payment will start 4 years later since only interest is paid in the first 4 years. So basically you may lower in the first 4 years and more in the remaining years.

5 0

3 years ago

The income statement for the Sage Hill Inc. for the month ended July 31 shows Service Revenue $17,470, Salaries and Wages Expens

kirza4 [7]

Answer along with its Explanation:

The profit for the year is calculated as under:

Profit for the year = Revenue - Salaries and Wages - Maintenance and Repairs Expense - Income Tax Expense

Profit for the year = $17,470 - $8,870 - $3,370 - $1,470 = $3,760

Now the entry would be to close the expense and income accounts for the year and carry forward the difference (Profit for the year) to retained earnings.

The entry would be as under:

Dr Service Revenue $17,470

Cr Salaries and Wages Expense $8,870

Cr Maintenance and Repairs Expense $3,370

Cr Income Tax Expense $1,470

Cr Retained Earnings (Balancing figure) $3,760

The recording of the dividends (A decrease in Capital) would be decrease in the retained earnings which is given as under:

Dr Dividends $1,760

Cr Cash Balance $1,760

The waiving off this amount will be by debiting the retained earnings and crediting dividends paid.

Dr Retained Earnings $1,760

Cr Dividends $1,760

7 0

4 years ago