Tyrone is buying a cup of coffee at the corner coffee shop, which he does most days.
This is further explained below.
<h3>What is a
consumer?</h3>
Generally, The process through which a company or other organization acquires the products or services it needs to meet its objectives is known as purchasing.
Even though there are various organizations that make an effort to provide standards for the buying process, individual firms' procedures might be quite different from one another.
A person or group is considered to be a consumer if they intend to order, do order, or use purchased goods, products, or services primarily for personal, social, family, household, and similar needs that are not directly related to entrepreneurial or business activities.
Consumers can be individuals or groups.
In conclusion, Tyrone is doing what he does almost every morning, which is going to the coffee shop on the corner and purchasing a cup of coffee.
Read more about consumers
brainly.com/question/13420317
#SPJ1
Correct option: The media only covered positive elements of the Space Race and never mentioned any setbacks.
The above given option does not talk about any aspect of media coverage of the space race and its effects on the economy. Covering only positive aspect without explaining its economic implications does not have any positive or negative effect on any economic activity, externalities or economic well being of any country. On the other hand, option B , C and D talks about economic implications.
The net income of the company available for the month of September is $166,300.
<h3>What do you about net income?</h3>
Net income refers to the quantity of accounting income an organization has left over after paying off all its expenses. Net income is observed via way of means of taking income sales and subtracting COGS, SG&A, depreciation, amortization, hobby expense, taxes, and every other expense.
<u>Calculation of Net income:</u>
Service revenue $330,000
Less: Rent expense $63,000
Utilities expense $4,700
Salaries expense $96,000
Net Income $166,300
Therefore, The net income of the company available for the month of September is $166,300.
Learn more about net income:
brainly.com/question/15530787
#SPJ1
When the individual calculates the effective rate of the loan, the most appropriate statement is the effective rate will exceed the nominal rate.
<h3>What is effective annual rate?</h3>
The effective annual rate (EAR) is the interest rate for the entire year. Interest Charges Interest expense is incurred when a corporation funds itself with debt or capital leases.
Interest appears on the income statement, but it can also be earned on an investment or paid on a loan as a result of compounding interest over time.
It is usually higher than the marginal rate and is used to evaluate different financial products with varying compounding periods - weekly, monthly, yearly, and so on.
When the number of compounding periods is increased, the effective yearly interest rate rises over time.
Therefore, the correct option is A.
Learn more about the effective rates of the loans here:
brainly.com/question/2405320
It is only option <em>D. − = n/a − n/a + − n/a</em> that reflects the effect of the year-end adjusting entry for Uncollectible Accounts Expense when the allowance method is used.
The entry reduces Accounts Receivable (Assets) through its contra account (the Allowance for Uncollectible Accounts).
It does not affect the liabilities. It reduces Equity because it is an expense that reduces Retained Earnings.
The entry does not affect the Revenue but increases Expenses, which reduce the Net Income.
It is not a cash flow item and does not affect the Statement of Cash Flows.
Data and Options:
Balance Sheet Income Statement Statement of
Cash Flows
Assets = Liabilities + Stockholders' Equity Revenue Expense = Net Income
A. − = n/a − n/a − − − OA
B. n/a = − − n/a + − n/a
C. n/a = − − n/a + − − OA
D. − = n/a − n/a + − n/a
The estimated <em>Uncollectible Accounts Expense</em> is Bad Debt Expense.
When this year-end adjusting entry is recorded, the financial statements affected are only the Income Statement (expenses) and the Balance Sheet (equity).
Thus, the only correct reflection of the adjustment is option D.
Learn more: brainly.com/question/17350161