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ozzi
4 years ago
15

Match each type of business with one of its features.

Business
2 answers:
aniked [119]4 years ago
6 0

Answer:answer below

Explanation:

jekas [21]4 years ago
3 0

Answer:

Explanations below

Explanation:A) Sole proprietorship: sole decision making by the proprietor

B) General partnership: there is a profit sharing ratio as agreed by partners

C) Public corporation: it is independent of government.

D) Government corporation: Government has 100% ownership or partly owned with over 50% shares.

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You are meeting to discuss the proper categorization of marketing strategy costs in the monthly department budget performance re
Scilla [17]

Answer:

C)

Explanation:

I'm not too sure but I think they can all change really depending on the circumstances. hope that helped!

7 0
3 years ago
Problem Page Watson Company's employees earn $290 per day and are paid on Friday for a five-day work week. This year, December 3
vredina [299]

Answer:

<u>inocme statment:</u>

wages expense: understate

<u>net income</u> overstate

<u>blanace sheet</u>

wages payable: understate

Retained Earnings: overstate

Explanation:

If the adjusting entry is not made, then the expenses will be lower than it should.

Thereofre the net income will be overstate as there are more expenses but weren't recorded.

the balance sheet will not represent accurate the liabilities as there is wages payable which are not recorded.

also, in the blaance sheet the Retained Earnings account will be overstate as it include the net income which is overstate.

5 0
3 years ago
If you buy a share of stock for $15 and sell it two years later for $18.50, what is the annual percent return (on a compounded b
nadya68 [22]

Answer:

11%

Explanation:

Compounding is the method used to determine the future worth of an amount today while discounting is the method used to determine the present value of a future amount.

Both are related by

Fv = Pv(1 + r)^n

where Fv is the future amount

Pv is the present value

r = rate

n = time

As such,

18.5 = 15 (1 + r)^2

1.2333 =  (1 + r)^2

1 + r = 1.11

r = 0.11

the annual percent on returns is 11%

7 0
3 years ago
During 2015, Bears Inc. recorded credit sales of $680,000. Before adjustments at year-end, Bears has accounts receivable of $300
Rufina [12.5K]

Answer:

Bad Debts Expense                      Debit                  $ 34,440

Allowance for Uncollectible accounts   Credit                          $ 34,440

Explanation:

Computation of amount of uncollectible balances to be recorded

Total accounts Receivable                                    $ 300,000

Accounts past due                                                  <u>$   51,000</u>

Accounts not yet past due                                     $ 249,000

Estimated uncollectible from not yet past due         10 %

Estimated uncollectible from past due                       24 %

Estimated uncollectible from not yet past due 10 % * $ 249,000  = $ 24,900

Estimated uncollectible from past due 24 % * $ 51,000            =     <u>$   12,240</u>

Total Estimated Uncollectible amounts                                            = $ 37,140  

Available balance in Allowance account                                           $   (2,700)

Allowance for uncollectible accounts to be recorded                       <u>$ 34,440</u>

8 0
4 years ago
Because the _____ is the rational part of the personality, it sometimes plays referee between the wishes of the _____ and the __
snow_tiger [21]
<span>Because the ego is the rational part of the personality, it sometimes plays referee between the wishes of the Id and the Superego. The ego or your ego is referred to be your conscious mentality and it is also your perception of your own self.</span>
7 0
4 years ago
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