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3 years ago

5

Suppose touchtech, a hand-held computing firm, is selling bonds to raise money for a new lab—a practice known as finance. buying

a bond issued by touchtech would give shen the firm. in the event that touchtech runs into financial difficulty, will be paid first.

1 answer:

lbvjy [14]3 years ago

7 0

Just think here itll come to you eventually
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GAAP require state and local governments to include in their annual financial reports a budget-to-actual comparison showing actu

Elden [556K]

Answer:

The advantages of requiring both the original and final appropriated budget amounts are:

1. It enables comparison of original (static) budget with the final (flexible) budget.

2. From the comparison, management assesses performances based on actual performance versus original and final budgets respectively.

3. The significant changes based on the level of activity are easily determined.

Explanation:

The use of original and final budgets helps in the comparison with actual performance. It clearly shows the effect of the level of activity on budget performance.

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3 years ago

Hope receives an $18,500 scholarship from State University. The university specifies books, supplies, and equipment, while $10,0

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Answer:

Hope's gross income = $5000 + $10,000 = $15,000

Explanation:

First, we need to highlight what are qualified education expenses especially for tax-free fellowships and scholarships.

Specifically, the qualified expenses that will be tax exempt will be

The tuition and fees which are requirements to go to an eligible school or institution

Other course related expenses required for courses in such institutions such as books equipment and supplies are also tax exempt.

<u>However, room and board, research travel and other expenses that are not required for courses in the institution are not tax free</u>

Based on this analysis:

Hope's initial earning on campus = $5000

However, $10,000 spent on room and board are not required for enrolment in the school, hence, it will be added to the earnings to make the gross income

Hope's gross income = $5000 + $10,000 = $15,000

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3 years ago

To be a translator at Papesixe, a company that provides online document translation services, a candidate needs to be fluent in

11Alexandr11 [23.1K]

Answer: A) Work sample tests

Explanation: Work sample tests are tests used when the candidate is expected to possess crucial job skills before being hired.

These skills predict whether one will be hired or not.

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4 years ago

Korte Company reported the following information for 2014:

sergejj [24]

Answer: For 2014, Korte would report comprehensive income of $341,000.

Explanation:

Korte Company

Comprehensive income statement for 2014 (extract)

Sales revenue $1,500,000

Cost of goods sold (1,050,000)

Gross profit 450,000

Operating expenses (165,000)

<em>Other income:</em>

Unrealised gain on AFS securities 50,000

Dividends received 6,000

Comprehensive income $341,000

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3 years ago

The division of labor means that:_______.a) labor markets are geographically segmented. b) unskilled workers outnumber skilled w

rewona [7]

Answer:

c) workers specialize in various production tasks.

Explanation:

The division of labor means that people, instead of performing a large number of tasks by themselves, only perform a few, or a single task, for which they specialize.

The division of labor is a characteristic of the modern economy, and without it, the levels of production and technology that we have today would not be possible.

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4 years ago