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4 years ago

Are corporations good or bad

Business

2 answers:

alexdok [17]4 years ago

6 0

They are good because they provide jobs for others

Valentin [98]4 years ago

4 0

Answer:

They are good because they can provide employment for millions of people.

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It's either A or D.

ivolga24 [154]

A: Predated check
i hope that help

5 0

3 years ago

Read 2 more answers

James Smith, the CFO of Blossom Automotive, Inc., is putting together this year's financial statements. He has gathered the foll

xeze [42]

Answer:

Long term debt is $ 166,621

Explanation:

Firstly, we have to classify the available data into their correct headings.

Assets

Cash $ 23,015

inventory $ 210,000

Accounts Receivable $ 141,258

Other current assets $ 11.223

Plant and Equipment (Net) $ 710,000

Goodwill and other assets $ 78,656

Total Assets $ 1,174,152

Liabilities

Accounts Payable $ 163,257

Short term notes payable $ 21,115

Total liabilities without long term debt $ 184,372

Stockholders equity

Common stock $ 311,000

Retained earnings $ 512,159

Total Stockholders Equity $ 823,159

By using the fundamental accounting equation which is

Assets= Liabilities + Owners equity

$ 1,175,152 = $ 184,372 + $ 823,159 = $ 166,621

so the amount of long term debt is $ 166,621, this would balance the accounting equation.

8 0

3 years ago

If a country's saving rate increases, then in the long run a. productivity and real GDP per person are both higher. b. productiv

labwork [276]

Answer:

A) productivity and real GDP per person are both higher.

Explanation:

In the long run, an increase in savings will increase total investment. If total investment increases, then the productive capacity (productivity) and the aggregate supply should also increase. An increase in investment is the best way to guarantee a sustainable increase in aggregate demand without increasing the inflation rate.

When productivity increases, the real GDP per capita also increases.

3 0

3 years ago

A. On April 1, the company hired an attorney for a flat monthly fee of $2,500. Payment for April legal services was made by the

Crazy boy [7]

Answer:

A. Apr 30

Dr Legal fees expense 2,500

Cr Legal fees payable 2,500

May 12

Dr Legal fees payable 2,500

Cr Cash 2,500

B. Apr 30

Dr Interest expense 2,175

Cr Interest payable 2,175

May 20

Dr Interest expense 4,350

Dr Interest payable 2,175

Cr Cash 6,525

C. Apr 30

Dr Salaries expense 5,600

Cr Salaries payable 5,600

May 03

Dr Salaries expense 8,400

Dr Salaries payable 5,600

Cr Cash 14,000

Explanation

Preparation of the adjusting entry for both April 30 and the subsequent entry during May to record the payment of the accrued expenses.

A. Apr 30

Dr Legal fees expense 2,500

Cr Legal fees payable 2,500

May 12

Dr Legal fees payable 2,500

Cr Cash 2,500

B. Apr 30

Dr Interest expense 2,175

Cr Interest payable 2,175

May 20

Dr Interest expense 4,350

(6,525-2,175)

Dr Interest payable 2,175

Cr Cash 6,525

C. Apr 30

Dr Salaries expense 5,600

(14,000*2/5)

Cr Salaries payable 5,600

May 03

Dr Salaries expense 8,400

(14,000*3/5)

Dr Salaries payable 5,600

(14,000*2/5)

Cr Cash 14,000

4 0

3 years ago

The problem of bankruptcy is associated with misuse of credit in the ______________ component of financial planning.

MrRissso [65]

The problem of bankruptcy is associated with the misuse of credit in the borrowing component of financial planning.

Making a plan for your future, specifically one that addresses how you will handle your finances and be ready for any potential expenses and problems is known as financial planning.

Policy creation in relation to borrowing and lending, cash management, and other financial activities results from financial planning. Such policies will aid in making crucial decisions for the management of capital and achieving financial activity coordination.

To know more about financial planning, click here:-

brainly.com/question/21780268

#SPJ4

4 0

2 years ago