Answer:
a lot of competition from other artists that also have similar skills as Natalie.
Explanation:
The problem that Natalie is facing is that there is too much competition in the theater industry and jobs are scarce. The supply of talented artists is much higher than the demand, therefore, she is only able to earn a small amount of money.
Answer:
balance sheet
Explanation:
Balance sheet can be regarded as financial statement which gives reports of the liabilities, equity of shareholders as well as assets of the company at a specific point in time, It provides a basis that can be used in computing rates of return as well as evaluating its capital structure.
It should be noted that balance sheet is
financial statement that provides a snapshot view of the financial condition of a business at a point in time
Answer:
d. Is short-term because she received the land from a partnership in which she is a partner.
Explanation:
On September 22, Year 7, Sky Castle distributed the land to Linda, who is also a partner.
The contract piece of information in the sales contract does not help the parties specify exactly which property is being purchased.
As explained above, the sales contract should include buyer and seller information, legal description of the property, closing date, down payment amount, contingencies, and other important information about the sale. The essential elements of a sales contract are: (b) identify the subject; (c) prize money or its equivalent;
As a general rule, the full sales contract clause should state that the written contract constitutes the entire agreement between the parties. The clause must also state that the contract supersedes any previous agreements between the parties.
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Answer:
c. $6,200 loss
Explanation:
<u>Calculating the gain or loss Geary should record:</u>
Gain or loss = Fair value of residual value - Value of leased equipment
Gain or loss = $9,800 - $16,000
Loss = $6,200
So, the loss that Geary should record is $6,200.