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3 years ago

How are permit departments helpful in conversion investigation efforts?

Business

1 answer:

Lerok [7]3 years ago

3 0

Answer:

Option B is the correct answer.

Explanation:

Business permits regulate the safety, structure, and appearance of the business community. They act as proof that a business follows specific laws and ordinances. Requirements differ by jurisdiction, and failure to comply often results in fines or even having the business shut down. Therefore, most businesses need a general business license to operate in a particular county or city.

Thus, the permit departments are helpful in conversion investigation efforts by identifying the nature and location of businesses, new leases, and recent constructions.

Option B is the correct answer.

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On January 1, 20X1, Beard Company purchased a machine for $620,000. The machine is expected to have a 10-year life, with no salv

Vinil7 [7]

Answer:

1. Why is this an operating lease for Child Company?

The life of the asset is 10 years while the lease is only 3 years long, so it cannot be classified as a financial lease.

2. What are the amounts of the right-of-use asset and lease liability that Child Company should report on its balance sheet at December 31, 20X1?

annual lease payment = $128,000 (ordinary annuity)

PVIFA, 9%, 3 periods = 2.5313

present value = $128,000 x 2.5313 = $324,006.40

3. How much lease expense should Child Company recognize in 20X1?

lease expense = PV of lease x interest rate = $324,006.40 x 9% = $29,160.58

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2 years ago

If food makes up about 15% of total expenditure of the country, and if the food prices rise by 10%, while other components of th

omeli [17]

Answer:

c. 1.5%

Explanation:

Food as total Expenditure of Country = 15%

Food's Price rise = 10%

while other components of the price index remain constant price index rise will be calculated as follows:

Price index rise = 15% x 10%

Price index rise = 0.15 x 0.1

Price index rise = 0.015

Price index rise =1.5%

So the correct option is c. 1.5%

7 0

3 years ago

You have one beanbag and five targets set up in front of you, each farther away than the last. Target A sits almost within arm

marta [7]

Answer:

C) high need for achievement

Explanation:

McClelland's Theory of Needs states that all individuals have three basic motivators:

Achievement: you need to establish and accomplish challenging goals, you like to take calculated risks, like to work alone, although you occasionally enjoy when others recognize your achievements.
Affiliation: you need to belong to a group, and you need them to like you.
Power: you need to control and influence other people, you like to win arguments, and you enjoy competing and receiving the status of a winner.

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3 years ago

Paco has just finished collecting data about students' lunch hour texting habits. He used both online surveys to ask the student

ycow [4]

Answer:

Interpreting research findings

Explanation:

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2 years ago

Splish Magazine sold 11,520 annual subscriptions on August 1, 2020, for $17 each. Prepare Splish August 1, 2020, journal entry a

REY [17]

Answer:

Date August 1st

cash 195,840 debit

unearned revenue 195,840 credit

--to record the subcription sale on August 1st--

Date December 31th

unearned revenue 81,600 debit

subscription revenue 81,600 credit

--to record accrued revenue at Dec 31th--

Explanation:

11,520 magazine subscriptions x $ 17 = $ 195,840

The subcription wil lbe unearned revenue at sale and reveneu will be recognize overtime as the earnings are accrued.

accrued from August 1 to Dec 20: 5 months

$ 195,840 x 5 months / 12 months = $ 81,600

3 0

3 years ago