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3 years ago

Define diverse nation

1 answer:

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The concept of diversity encompasses acceptance and respect. As a nation, we try to understand one's individuality and recognizing one's differences.

Hopes this helped.

~Bob Ross®

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On December 1, Year 1, Jack’s Snow Removal Company received $6,000 of cash in advance from a customer and promised to provide se

AVprozaik [17]

Answer:

Increase Revenue, Decrease Liability

Explanation:

On December 1, They have recognized a liability of $6,000

with the journal entry:

(DR) Cash $6,000

(CR) Unearned Revenue $6,000

Now, on December 31 let's assume that the expiration is an exact

per month division of $2,000 ($6,000 / 3 months)

The adjusting entry would be:

(DR) Unearned Revenue $2,000

(CR) Service Revenue $6,000

The first effect is clear, there is an Increase in Revenue since

the company have rendered the services.

Now, the second effect is that the Liabilities have decreased

because of the debit to "Unearned Revenue" which is a liability.

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3 years ago

A newspaper reports that the average price of new homes in a certain city had decreased, and the number of new homes sold had al

Zielflug [23.3K]

Answer: Decreasing the incomes of people in the city

Explanation:

According to the given situation, the newspaper reporting about the average price range of the new homes are decreased in the city and also the new homes selling average are also decreases.

It is basically caused by the average income level of that specific city are get decease.

When the income of the people are decreases then it cause less spending on the things and the budget are get highly effected so that is why they are unable to buy any kind of property.

Therefore, Decreasing the incomes of people in the city is the correct answer.

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3 years ago

Drag the tiles to the correct boxes to complete the pairs. Match the different types of communications with their descriptions.

Katarina [22]

Answer:

Matching the different types of communications with their descriptions:

Types of Communication Descriptions

business letter : a formal way to communicate with people

outside your organization

business report : a way to communicate financial information

note : an informal handwritten message

memorandum : a formal way to communicate with people

inside your office

Explanation:

a) Data:

Types of Communication:

business letter

business report

note

memorandum

Pairs

a formal way to communicate with people outside your organization

an informal handwritten message

a formal way to communicate with people inside your office

a way to communicate financial information

b) In Business, choosing the means of clear communication is very essential. The format used to communicate internally is not the same format for communicating externally. Even, within an organization, there are still different communication formats. A handwritten note can be used instead of memorandum for some communications depending on the formality required. Presenting a business report is more formalized than a handwritten note, for instance.

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3 years ago

The fact that corporate travelers are less price sensitive than most leisure travelers because the corporation pays for the trav

Readme [11.4K]

Answer:

The correct answer is D. shared cost effect

Explanation:

The shared cost effect refers to the reduction in price sensitivity of a customer created through the perception that part of the purchase price is paid for by a third party of the firm itself.

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3 years ago

ohnstone Company is facing several decisions regarding investing and financing activities. Address each decision independently.

Vesnalui [34]

Answer:

Johnstone should value the equipment at <u>$40,326.29</u>.

Explanation:

To determine this, the present value of the five annual installments of $8,000 is first calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV = Present value of the five annual installments =?

P = Annual payment = $8,000

r = interest rate = 10%, or 0.10

n = number of years = 5

Substitute the values into equation (1) to have:

PV = $8,000 * ((1 - (1 / (1 + 0.10))^5) / 0.10)

PV = $8,000 * 3.79078676940845

PV = $30,326.29

Therefore, the present value of the five annual installments of $8,000 is approximately $30,326.29.

As result of this:

Value the equipment = Payment on the purchase day + present value of the five annual installments = $10,000 + $30,326.29 = $40,326.29

Therefore, Johnstone should value the equipment at <u>$40,326.29</u>.

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3 years ago