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3 years ago

Match the association type with the person that best fits the description: professional association

Business

2 answers:

german3 years ago

4 0

Answer:

Explanation:

NISA [10]3 years ago

3 0

Answer:

The answer is actually D. I took the test.

someone who is active in your favorite Internet chat room

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The balance in Accounts Receivable at the beginning of the year amounted to $16,000. During the year, $64,000 of credit sales we

poizon [28]

Answer: $70,000

Explanation:

Accounts Receivable at the beginning of the year amounted to $16,000

During the year, $64,000 of credit sales were made to customers.

ending balance in Accounts Receivable amounted to $10,000, and uncollectible accounts expense amounted to $4,000,

The Amount to appear in the operating activities section of the cash flow statement is

$16,000+$64,000-$10,000= $70,000

8 0

3 years ago

Read 2 more answers

An employee of a firm has a job where the employee can easily adjust the number of hours they work for the employer per year. Th

USPshnik [31]

Answer:

The answer to both a and b is in the explanation below

Explanation:

a) The increase in wage can either decrease or increase the hours worked. This is became an increase in wage has both substitution effect and income effect that work in different directions. Substitution effect An increase in wage increases the opportunity cost of leisure, thereby making the worker increase number of hours worked. Income effect The increase in wage also makers the worker richer, thereby making the worker decrease number of hours worked.

Since no information about worker's preferences is given, we do not Imow which effect will dominate the other effect and, therefore, we do not know what the net impact of the increase in wage will be.

b) The bonus will only have income effect. The bonus will make the workers richer, thereby making the worker decrease number of hours worked.

If in part a), the substitution effect and income effect are equal in magnitude, then there will be no change in the number of hours worked. The number of hours worked will remain the same at 2000 hours. Since the employer would be paying $5 extra on each hour worked, the cost to the employer of increase in wage would be $10,000 (=2000 x $5), which is the same as the bonus in part b).

6 0

2 years ago

Lewis Company traded machinery with a book value of $950,000 and a fair value of $900,000. It received in exchange from Timmons

Komok [63]

Answer:

Lewis should recognize a gain on the exchane of $13,636

Explanation:

In order to calculate the amount of gain or loss should Lewis recognize on the exchange, first we have to determine the amount of gain with the followig formula:

Gain=Total value of the machine received-Book value of machine exchanged

=(cash received+fair value of machine received)- $950,000

=($100,000+$1,000,000)-$950,000

=$ 150,000

Next, In order to calculate the amount of gain or loss should Lewis recognize on the exchange we have to use the following formula:

recognize gain or loss=( <u> cash received )</u>× gain

cash received+fair value of equipment received

= (<u> $ 100,000 </u>)× 150,000

$100,000+$1,000,000

=$13,636

Lewis should recognize a gain on the exchane of $13,636

8 0

3 years ago

The excess return is computed as the: Multiple Choice return on a security minus the inflation rate. risk-free rate plus the inf

navik [9.2K]

Answer: Return on a risky security minus the risk-free rate.

Explanation:

The excess return is known to be the amount of return on a risky asset that exceeds the return that one would have received had they invested in a risk-less asset such as Treasury Bills.

If the return you received on shares was 5% and the return on riskfree assets is 2%, your excess return is 3%.

Please do react or comment if you need any clarification or if the question helped you so you can help others as well. Thank you.

7 0

3 years ago

Suppose the fed sells $50 million of government securities to the bank of america. complete the sentences. the fed's total asset

abruzzese [7]

Suppose the fed sells $50 million of government securities to the bank of America. complete the sentences. the fed's total assets increase by $50 million and its total liabilities do not change.

<h3></h3><h3>What are liabilities?</h3>

A liability is defined in financial accounting as the future forfeitures of economic benefits that an entity must make to other entities as a result of previous transactions or other previous events, the resolution of which may result in the transfer or use of assets, the provision of services, or another future yielding of economic benefits.
Financial accounting liabilities might be based on equitable duties or constructive obligations rather than having to be legally enforceable.
A responsibility based on moral or ethical principles is referred to as an equitable obligation.
Contrary to an obligation that is founded on a contract, a constructive duty is one that is suggested by a particular combination of circumstances.

To learn more about the liability, refer to the following link:

brainly.com/question/24534918

#SPJ4

7 0

1 year ago