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iren2701 [21]
3 years ago
13

Using a $ sign before a column label ________.

Business
1 answer:
Licemer1 [7]3 years ago
6 0

Answer:

The alignment of the choices are off but here's the explanation for solving this question below;

Explanation:

Using a $ sign before a column label, keeps the reference to column fixed,

but allows the row reference to change. Generally, putting a dollar sign ($) before a column label or row label  puts an absolute reference to that respective column or row while keeping the other changing. For example;

In $C5, "C"  is the column reference while "5" is the row reference. Because there is $ sign before C, that column  will be fixed and the row will change

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Income smoothing refers to: a. the ability of management to use accruals to reduce the volatility of reported earnings over time
svetoff [14.1K]

Answer: The correct answer is "a. the ability of management to use accruals to reduce the volatility of reported earnings over time.".

Explanation: Income smoothing refers to <u>the ability of management to use accruals to reduce the volatility of reported earnings over time.</u>

The smoothing of earnings is a practice that consists in reducing fluctuations in recognized income and, therefore, fluctuations in earnings. That is, the smoothing of earnings implies saving income in bonanza times to recognize them accountingly when income is meager.

6 0
3 years ago
Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call premium of $10,000. The bond
IrinaVladis [17]

Answer:

The journal entry is as follows:

On September 30,

Bonds payable A/c Dr. $1,000,000

Loss on bonds retirement A/c Dr. $20,000

              To Discount on bond                        $10,000

              To cash A/c                                       $1,010,000

(To record the bonds payable and retirement)

Workings:

Loss on bonds retirement:

= (Cash + Discount on bonds) - Par value of callable bonds

= ($1,010,000 + $10,000) - $1,000,000

= $1,020,000 - $1,000,000

= $20,000

8 0
3 years ago
Mark is the manager of an american company. he expects the value of the british pound to appreciate in the near future. hence, h
Paladinen [302]
<span>Mark is using what is called a lag strategy. A lag strategy can be used when there is an intended change in payment in a foreign transaction. This usually occurs when there is an expected change occurring in exchange rates. The lag occurs when the transaction is delayed, which is what Mark is attempting to do here.</span>
3 0
3 years ago
Select the example that is inconsistent with the provisions of the UCC for contract remedies for a seller's breach of contract.
den301095 [7]

The example that is inconsistent with the provisions of the UCC for contract remedies for a seller's breach of contract is:

b.) A toy company sells a defective rocket launcher that injures a young boy. The sales contract excludes responsibility for all consequential damages related to the sale of its products, so the company only agrees to refund the cost of the defective toy.

<h3>What is UCC for contract remedies for a seller's breach of contract?</h3>

Consumers have up to six years to raise concerns relating to breach of contract, even though the goods under the contract may not last up to this period.  Therefore, the provision by the appliance manufacturer that buyers have a maximum of six months to raise concerns is inconsistent with the Uniform Commercial Code (UCC).  The code sets the same comprehensive laws for all commercial activities in the US.

Thus, option "C" is correct.

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8 0
2 years ago
Connor and demi are employees of ecocrop corporation. under the equal pay act, ecocrop can legitimately pay different wages on t
mylen [45]

Connor and demi are employees of Eco crop corporation. under the equal pay act, Eco crop can legitimately pay different wages on the basis of seniority.

What is a Wages?

A wages is the amount of money that an employer agrees to pay a worker in exchange for their services. Actual earnings come in a variety of forms, including the following:

  • Piece rates are the remuneration given in accordance with the job completed by the employee. The quantity of units generated by the employee is taken into account while calculating the piece rate.
  • Time earnings are earned when a worker is compensated for his or her labor in accordance with the passing of time. For instance, time wages would apply if the worker received 35 rupees  per day.

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6 0
2 years ago
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