Which of the following statements about enzymes is true

According to Thorstein Veblen, a successful businessman would be most likely to demonstrate his worth to others by:_______. a. a

nata0808 [166]

Answer:

The correct answer is D

Explanation:

Worth is the word which is described as the value of the business or the net worth which is assets minus liabilities.

In accordance with the Veblen, the concept or the idea of the conspicuous consumption is developed or created. It is believing that the rich person or people are very concerned in showing off their wealth in order to prove their success in from of others.

So, Veblen would likely demonstrate their worth by purchasing the expensive jewels for his wife and then showing off the jewels at the parties.

7 0

4 years ago

HELP ASAP !! Matilda just started her first job. She has some difficulty saving money, but she knows she must do it. Which of th

Kisachek [45]

Answer:

She can contribute to her employer's matching benefit.

Explanation:

The best way for Matilda to save is to have the amount she intends to save deducted from her basic salary. By doing this, she will not have direct access to the money, so she cannot spend it. If her employer has a savings matching scheme, then Matilda should join it. Her savings account will grow faster due to her employer's contributions.

A low-interest account will discourage her from saving. The 529 schemes are designed to save money to cater to post-secondary education.

8 0

3 years ago

A firm is considering a new project that will generate cash revenue of $1,300,000 and cash expenses of $700,000 per year for fiv

MAXImum [283]

Answer:

A) $416,250

Explanation:

The computation of the free cash flow is shown below:

= (Cash revenues generated - cash expenses - depreciation expense) × (1 - tax rate) + depreciation expense

= ($1,300,000 - $700,000 - $75,000) × (1 - 0.35) + $75,000

= $525,000 × 0.65 + $75,000

= $416250

Simply we added the depreciation expense in the Earning after tax amount

The (Cash revenues generated - cash expenses - depreciation expense) × (1 - tax rate) is also known as Earning after tax

5 0

4 years ago

True or false, credit unions are non profit organizations

Masja [62]

True,credit union members don't make donations to their credit union.

6 0

4 years ago

Read 2 more answers

Recording Transactions Using Journal Entries and T-Accounts Receive $40,000 cash in exchange for common stock. Purchase $4,000 o

Paladinen [302]

Answer:

a. See the explanation below for the journal entries.

b. each of the following accounts have an ending balance (in red color) after the recording as follows:

Cash, $27,000;

Common stock, $40,000;

Accounts payable, $4,000;

Accounts receivable, $3,000;

Equipment, $10,000.

However, each of the other accounts will have a zero ending balance.

Explanation:

a. Recording Transactions Using Journal Entries

The journal entries will look as follows:

Accounts Name Dr ($) Cr ($)

Cash 40,000

Common stock 40,000

(To record cash receipts for common stock.)

Inventory 4,000

Accounts payable 4,000

(To record inventory purchase.)

Account receivable 6,000

Sales 6,000

(To record credit sales.)

Cost of sales 4,000

Inventory 4,000

(To record cost of sales.)

Cash 3,000

Account receivable 3,000

(To cash collected from credit sales.)

Equipment 10,000

Note payable 10,000

(To record purchase of equipment by issuing note.)

Wages 2,000

Cash 2,000

(To record wages paid in cash.)

Note payable 10,000

Cash 10,000

(To record note due paid.)

Dividend 4,000

Cash 4,000

(To record cash dividend paid.)

b. Recording Transactions Using T-Accounts

Note: See the attached excel file for the T-Accounts.

From the attached excel file, each of the following accounts have an ending balance (in red color) after the recording as follows:

Cash, $27,000;

Common stock, $40,000;

Accounts payable, $4,000;

Accounts receivable, $3,000;

Equipment, $10,000.

However, each of the other accounts will have a no or zero ending balance.

Download xlsx

8 0

3 years ago