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4 years ago

Performance Element: Acquire foundational knowledge of business laws and regulations to

Business

1 answer:

Anon25 [30]4 years ago

4 0

Answer:

1.answer:Rules that guide the way people act or rules that prevent people from doing certain things that is against the law

2. The Judicial branch interprets the laws of the land.

3. Ways to protect your intellectual property include: copyrights,patent,trademark,trade secret, and licensing. Intellectual property is creative work created by you.

4. Lazy employees,

discrimination at the place of work, harassment, immigration audits, copy rights and patent issues, Unstable government policies. High tax rate.

Explanation:

Discuss the nature of law and sources of law in the United States (SP

answer:Rules that guide the way people act or rules that prevent people from doing certain things that is against the law .

Describe the United States' judicial system (SP)

answer:The Judicial branch interprets the laws of the land.

Describe methods used to protect intellectual property (SP)

Ways to protect your intellectual property include: copyrights,patent,trademark,trade secret, and licensing. Intellectual property is creative work created by you.

Describe legal issues affecting businesses (SP)

Lazy employees,

discrimination at the place of work, harassment, immigration audits, copy rights and patent issues, Unstable government policies. High tax rate.

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Bedrock Company reported a December 31 ending inventory balance of $416,000. The following additional information is also availa

Brrunno [24]

Answer:

$392,400

Explanation:

The computation of correct balance for ending inventory on December 31 is shown below:-

Correct balance for ending inventory = Ending inventory – Office supplies

= $416,000 - $23,600

= $392,400

Therefore for computing the correct balance for ending inventory we simply deduct the office supplies from ending inventory and ignore all other amounts as they are not relevant.

3 0

3 years ago

Aguilera acoustics, inc., (aai) projects unit sales for a new seven-octave voice emulation implant as follows:

Andrew [12]

Answer:

NPV = $ 3,969,921.84

IRR = 23.94%

Explanation:

As the values are not given so i searched and found a similar question. i am using those values.

using formulas:

Cash Flows = Net Income + Depreciation + Investment + NWC + After-tax Salvage value

NPV = NPV(rate, CF1...CF5) - CF0

IRR = IRR(values)

It requires a table for it to be solved easily and efficiently so i am putting a screen shot of a word file on which i have solved the question. the question and its values are also given in screenshots.

4 0

3 years ago

Sonia likes working with numbers and budgets. A good career for her might be as a(n) ____ eye doctor insurance salesperson accou

saveliy_v [14]

I'd guess accountant im not 100% sure though HOPE YOU GET IT RIGHT

5 0

4 years ago

Read 2 more answers

Events that occur after the December 31, 2021 balance sheet date, but before the balance sheet is issued, and provide additional

Serhud [2]

Answer:

C) used to record an adjustment to Bad Debt Expense for the year ending December 31, 2021.

Explanation:

Retained earnings account cannot be adjusted after December 31 (or whenever the balance must be done), but bad debt expense can be adjusted, specially if it increases.

Generally a company estimates it bad debt expense, the different methods used to estimate bad debts (allowance, percentage or aging methods) are used more commonly than the direct write-off method. But as every estimate, they can be close to reality or not.

E.g. some companies might have a very important client that represents a large portion of their credit sales, and if suddenly that large client that had always paid on time defaults, that event must be included in the balance sheet since the bad debts expense will increase significantly.

6 0

3 years ago

Fast Rocket, Inc. generated a net loss of $5,000 in its first year (2018) and taxable income of $15,000 in its second (2019). As

o-na [289]

Answer:

$2100

Explanation:

Net loss = $5000

Taxable income = $15000

Tax rate = 21%

Fast Rocket's total tax for both years is determined by

Taxable income minus net loss multiplied by tax rate

= $(15000-5000) × 21%

= $10000 × 0.21

= $2,100

Fast Rocket's total tax for both years = $2100

5 0

3 years ago