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2 years ago

What is the only bone in the human body not connected to another bone?

Business

1 answer:

Gemiola [76]2 years ago

4 0

Answer:

Hyoid bone

Explanation:

The hyoid is anchored by muscles from the anterior, posterior and inferior directions, and aids in tongue movement and swallowing.

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Q 4.35: McGinnis Construction is a cash-basis company with a fiscal year-end of June 30. McGinnis’ employees earn a normal weekl

hjlf

Answer: Understatement, $30,900

Explanation:

There will be an UNDERSTATEMENT of McGinnis' net income for the most recent fiscal year of $30,900.

The Understatement arises because as of year end which is June 30th, McGinnis were not paid for their services that cost $40,900 and instead will only be paid on the 8th of the next month so it was not accounted for in the net income.

The reason the net income understatement is $30,900 and not $40,900 is because McGinnis will still have to account for the payment to it's employees. If in a five day week they earn $12,500, that would mean that they earn $2,500 a day (12,500/5). Seeing as June ended on a Thursday, that is a 4 day week which means $2,500*4= $10,000.

That $10,000 will reduce the net income by that amount.

The net effect is a $30,900 UNDERSTATEMENT.

4 0

3 years ago

Which is an example of an external factor that may affect purchase decisions?

prohojiy [21]

Government policies specific to the entrepreneurs business is the answer. This is the only external factor.

6 0

3 years ago

Suppose the price of university sweatshirts increases from $10 to $20 and the quantity supplied increases from 20 to 30. The pri

riadik2000 [5.3K]

Answer:

0.60

Explanation:

The midpoint formula is used to calculate elasticity by using average percentage in both price and quantity.

The formula is given below:

Percentage change in quantity = (Q2 -Q1) x 100

(Q2 + Q1) / 2

Percentage change in price = (P2 -P1) x 100

(P2 + P1) / 2

Elasticity = Percentage change in price__

Percentage change in quantity

Inserting the data:

Percentage change in quantity = (30 -20) x 100 = 10 x 100 = 40%

(30 + 20) /2 25

Percentage change in price = ($20 - $10) x 100 = 10 x 100 = 66.6%

($20 + $10) /2 15

Elasticity of supply = 40%

66.6%

= 0.60

3 0

3 years ago

Businesses can be classified into the following forms: sole proprietorship, partnership, corporation, limited liability company

algol [13]

Answer:

b) Income is allocated on a pro rata basis

Explanation:

A partnership is an agreement between two or more people to oversee a business and share in the profit and losses made by the business.

In a partnership when income comes in it is shared.on a pro rata basis.

This means income is given based on the level of ownership of the business.

For example a partner that has 60% ownership of the partnership is expected to collect 60% of the business income.

Pro rata is also called proportional rate.

8 0

3 years ago

Earth's Treasures Mining Co. acquired mineral rights for $93,000,000. The mineral deposit is estimated at 60,000,000 tons. Durin

Shkiper50 [21]

Answer and Explanation:

a. The computation of the depletion rate is shown below:

= Acquired mineral rights ÷ estimated mineral deposit

= $93,000,000 ÷ 60,000,000 tons

= $1.55 per ton

b. The amount of depletion expense for the current year is

= Depletion rate × current year mined tons

= $1.55 per ton × 16,800,000 tons

= $26,040,000

c. And, the journal entry is

Depletion expense $26,040,000

To Accumulated depletion $26,040,000

(Being depletion expense is recorded)

For recording this entry we debited the depletion expense as it increased the expenses and at the same time it decreased the value of the asset so the accumulated depletion is credited

4 0

3 years ago