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IgorLugansk [536]
3 years ago
12

Mark and Sam are both in fourth grade. Mark's parents earn a high income and Sam's parents earn a low income. In which domain do

Mark and Sam likely have similar test scores?
Business
2 answers:
maw [93]3 years ago
6 0
<span>Mark and Sam both have been born into families with adverse condition. Where the higher income family of mark may provide better school.As to Sam his school may lack essentials such as qualified teachers or space with overcrowded classrooms. But at home both kids have the potential of having engage parents whom can help with studies and in term Sam could be doing just as well although his school maybe under founded.</span>
dsp733 years ago
3 0
This is with the assumption that Mark and Sam are both classmates in the same grade. Although they come from two sides of the coin, they both have parents that can afford to put them in school, with the same education, with the same materials. With the assumption that they are classmates, they are likely to have similar test scores in their academic subjects because income is not a big factor of academic ability. 
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Creative Camera Co. sold equipment with a cost of $ 18 comma 000 and accumulated depreciation of $ 9 comma 000 for an amount tha
umka2103 [35]

Answer:

d. Some other amount - $11,000

Explanation:

Investing activities: It records those activities which include purchase and sale of the long term assets . The purchase of long term assets is an outflow of cash and the sale of long term assets is an inflow of cash

The computation of the sale of plant assets is shown below:

= Sale value  of equipment - accumulated depreciation + gain on sale of equipment

= $18,000 - $9,000 + $2,000

= $11,000

4 0
3 years ago
The building code of River City requires that elevators in public buildings be inspected every nine months. Hal did not have the
Archy [21]

Answer: Public tort

Explanation: In simple words, public tort refers to the minor breach of contract by an individual. It is considered as a civil offense but still the acts under this act carries a criminal punishment.

In the given case, Hal did not make the elevator inspected in the seventh story for two years, however all other were inspected as per the rules. Thus, we can conclude that he breached the rule on a small level.

Hence from the above we can conclude that his offense would be classified as public tort.

3 0
4 years ago
A bank reconciliation should be prepared when an employee is suspected of fraud. to explain any difference between the depositor
IrinaK [193]

Answer:

to explain any difference between the depositor’s balance per books with the balance per bank

Explanation:

The goal of this process is to ascertain the differences between the banks records and the depositor’s records and make accounting changes as deemed appropriate. There is a general flow that is used to make the correcting entries:

1. The process flow starts with the bank’s ending cash balance

2. Add any deposits made by the company to the bank that are in transit

3. Deduct any cheques that are uncleared by he bank

4. Add or deduct any other items available as necessary

5. In the company bank records, once again start with the ending balance

6. Deduct any bank service fees, penalties and NSF (Non-Sufficient Funds) cheques.

7. Add interests earned

At the end of this process, it is likely that both accounts would be equal and tally.

4 0
3 years ago
If an intangible asset has a legal life of eight years but contractually the usefulness is limited to six years, a company will
ANTONII [103]

Answer:

The company will amortize the cost over 6 years.

Explanation:

Intangible assets which have a useful life that is either indefinite or identifiable.

The assets having identifiable useful lives, are amortized on the basis or method of straight-line over the legal or the economic life, which ever is short.

The assets having indefinite useful lives are assessed every year for the impairment. And the impairment losses need to evaluated by deducting the market value of the asset from the carrying value.

So, in this case, the asset has legal life of 8 years and on contract is 6 years, the company will amortize the asset over the 6 years as the intangible asset have identifiable useful lives, therefore, need to amortized over legal or economic life, which ever is shorter.

Hence, legal is 8 years and economic life is 6 years, so the short is 6 years.

4 0
4 years ago
Whats effect unemployment in economy?​
natita [175]

Answer:

when someone is unemployed(does not have a job), but still benefits the economy in some way

5 0
3 years ago
Read 2 more answers
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