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3 years ago

When the same attribute in related data files has different values, this is called data?

1 answer:

8 0

It seems that you missed the given choices for this question, but anyway here is the correct answer. When the same attribute in related data files has different values, this is called data dependence. Hope this answer helps. Other options of this question include redundancy, duplication, discrepancy and inconsistency. Thanks for posting your question.

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On January 2, 2016, Alpha Corporation procured new equipment with an issue of 5,000 shares of $4.00 par value common stock. The

ruslelena [56]

Answer:

The answer is

2 January

Dr: Equipment $48,750

Cr: ordinary shares $20,000

Cr: Paid in capital in excess

of par - ordinary shares $28,750

Explanation:

Cost of the equipment is:

5,000 shares x $9.75 per share

=$48,750.

Common stock (equity) is:

5,000 shares x $4.00 face value

=$20,000

Paid in capital in far more than par - ordinary shares is:

$48,750 - $20,000

=$28,750

2 January

Dr: Equipment $48,750

Cr: ordinary shares $20,000

Cr: Paid in capital in excess

of par - ordinary shares $28,750

8 0

3 years ago

Winona contracted with XtremeCast, a broadcast media firm, to cohost an Internet-streaming sports program. Winona and XtremeCast

Dimas [21]

Answer: Yes. Winona was an independent contractor

Explanation:

Based on the analysis and the information that have been provided in the question, we can say that Winona was an independent contractor.

An independent contractor is an individual who works for someone else and gets paid for the work done by the employer but it should be noted that the person is not under the control of the employer. .An independent contractor is termed an agent and not employed by the company he or she is working for.

8 0

3 years ago

In Macroland autonomous consumption equals 100, the marginal propensity to consume equals .75, net taxes are fixed at 40, planne

cluponka [151]

Answer:

Planned Aggregate Expenditure equals 290 + 0.75Y and the short run equilibrium output equals 1,160.

Explanation:

Autonomous spending basically covers essential needs, e.g. housing expenses, food, clothing, etc., and is not affected by the marginal propensity to consume (MPC).

so consumption must equal: C = 100 + 0.75 (Y income - 40 taxes)

PAE = C + I + G + X = 100 + 0.75(Y - 40) + 50 + 150 + 20

PAE = 100 + 0.75Y - 30 + 50 + 150 + 20 = 290 + 0.75Y

Short run equilibrium exists when Y = PAE:

Y = 290 + 0.75Y

Y - 0.75Y = 290

0.25Y = 290

Y = 290 / 0.25 = 1,160

5 0

3 years ago

Langley Company reported net income for 2022 in the amount of $460,000. The company's financial statements also included the fol

inn [45]

Answer:

$655,000

Explanation:

Cash flow from operating activities involved all the cash flows related to the operations of the company like sales , purchases, receivable, payable etc.

Net Cash flow is the net of receipts and Payment.

Following are the operating cash flows.

Cash flows from operating activities

Net Income $460,000

Add: Non cash Expense Adjustments:

Depreciation $107,000

Change in Working Capital:

Increase in Account receivable ($77,000)

Decrease in Inventory $62,000

Increase in Account payable $250,000

Less: Net Change in WC $235,000

Other Adjustments

Gain on sale of Land ($147,000)

Net Operating Cash flow $655,000

Depreciation is a non cash expense deducted from the revenue to calculate net income. Now it needs to be added back.

6 0

3 years ago

Read 2 more answers

List sevn important of accounting and keeping

Klio2033 [76]

Answer:

Accounting/bookkeeping

1. The income statement provides you with information about the profit and loss

2. The balance sheet gives you a clear picture on the financial position of your business on a particular date.

3. Bookkeeping is important because it helps you budget.

4. Tax Preparation. In most cases, your business has to file a tax return every year.

5. Organization. Being organized is a skill every business owner should have.

6. Analysis. Bookkeeping is important because it helps with business analysis.

7. Planning Purposes . Bookkeeping presents the past financial performance of your company.

Explanation:

Hope this helps, sorry if it is not

5 0

3 years ago