__________ begins with new-product purchases first by innovators and then by early adopters.

Alex Company rents space to a tenant for $2,200, per month. The tenant currently owes two months rent, November and December. Th

kaheart [24]

Answer:

The correct answer is D

Explanation:

The journal entry which is to be posted on December 31, is as:

Rent receivable A/c............................Dr $4,400

Rent Earned A/c...............................Cr $4,400

As the two months rent is not paid so the adjusting entry which is to be posted is that the rent receivable account is debited whereas the rent earned account is credited with the amount of two months rent. (which is $2,200 + $2,200 = $4,400).

5 0

3 years ago

The company that relies on computer and telecommunications technologies instead of physical presence for communication between e

Lena [83]

Answer:

A remote company or Telecommuting company

Explanation:

Telecommuting (also known as working from home, or e-commuting) is a work arrangement in which the employee works outside the office, often working from home or a location close to home

7 0

3 years ago

A client has been given atropine to cause mydriasis and cycloplegia. What is the expected outcome for this client?

Nady [450]

Answer:

dilation of the pupil and loss of accommodation

Explanation:

Mydriasis is the dilation of the pupil of the eye. The dilation causes vision to be blurry.

Cycloplegia on the other hand is the loss of accommodation of the pupil and it is caused by the paralysis of the cilliary muscle of the eye. This paralysis causes the eyes to lose its ability to focus on things nearby.

Looking at this two conditions from the administration of atropine, the expected outcome of the client is blurry vision and inability to focus or see things close by(farsightedness).

I hope this helps.

5 0

3 years ago

Andrea has prepared the following list of statements about corporations. Identify each statement as true or false.

Zolol [24]

Answer:

1. A corporation is an entity separate and distinct from its owners. TRUE

2. As a legal entity, a corporation has most of the rights and privileges of a person. TRUE

3. Most of the largest U.S. corporations are privately held corporations. TRUE

4. Corporations may buy, own, and sell property; borrow money; enter into legally binding contracts; and sue and be sued. TRUE

5. The net income of a corporation is not taxed as a separate entity. TRUE

6. Creditors have a legal claim on the personal assets of the owners of a corporation if the corporation does not pay its debts. FALSE

7. The transfer of stock from one owner to another requires the approval of either the corporation or other stockholders. TRUE

8. The board of directors of a corporation legally owns the corporation. FALSE

9. The chief accounting officer of a corporation is the controller. FALSE

10. Corporations are subject to fewer state and federal regulations than partnerships or proprietorships. TRUE

Explanation:

A corporation is a business that is a separate, legal entity that is run by board of directors chosen by the shareholders. A corporation operates or exists as an entity separate and distinct from it's owner or owners. This means that as separate or legal entity, a corporation has the rights and privileges of an individual except the right to vote and be voted for.

The stakeholders or shareholders of the corporation usually select officers to serve is board of directors and every year this board of directors nominate officers for the positions of a president, secretary and treasurer to handle the running's and activities of the corporation. If the board of directors also wishes or decides they can nominate a vice president too.

7 0

3 years ago

Chris has been offered a seven-year bond (face value $1,000) issued by Bayley Ltd at a price of $943.22. The bond has a coupon r

ZanzabumX [31]

Answer:

As the actual price of such bonds should be $950.51 and the bonds are offered at a lower price, the bonds should be bought at the offered price.

Explanation:

To determine whether the bonds should be bought at the given price or not, we first need to calculate the price of the bond. The formula for the price of the bond is attached.

The interest payed by the bonds can be treated as an annuity.

The semiannual rate will be = 9% / 2 = 4.5%

The number of semi annual payments will be = 7 * 2 = 14

The YTM expressed semi annually will be (r) = 10% / 2 = 5%

Semi annual coupon payment or C = 1000 * 0.045 = 45

Bond Price = 45 * [(1 - (1+0.05)^-14) / 0.05] + 1000 / (1+0.05)^14

Bond Price = 950.5068 rounded off to $950.51

As the actual price of such bonds should be $950.51 and they are offered at a lower price, the bonds should be bought at the offered price.

5 0

3 years ago