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3 years ago

Which statements describe headings?

Business

1 answer:

kondaur [170]3 years ago

7 0

Answer: They should be separated from the text that precedes them.

They should not be placed near the bottom of a page.

They introduce the text that follows them.

They should stand out on the page.

Explanation:

Headings are very important in text as they format the document and make it orderly and easier to read.

For this reason Headings ;

- Should be seperated from the text that precedes them. This way the reader knows that the previous topic is done and a new one has begun.

- Should not be placed near the bottom of the page because their relevance is lost. If you are nearing the bottom of the page and need to start with a new heading, go to the next page and start there.

- Should introduce the text that follows them because the text is meant to augment the Heading.

- Should stand out in a page so that the reader can know that it is a heading and the beginning of a different topic.

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True or false: short-term fluctuations in real gdp are irregular and unpredictable.

raketka [301]

True!
Hope this helps!

4 0

3 years ago

Mendrisio Company purchased a piece of machinery for $30,000 on January 1, 2019, and has been depreciating the machine using the

aleksley [76]

Answer:

a. There is no entry required to record the accounting change

b. The journal entry to record depreciation for 2021 would be as follows:

Debit Credit

Depreciation Expense $3,000

Accumulated Depreciation $3,000

Explanation:

According to the given data we have the following:

Sum of year digits=5(5+1)/2

Sum of year digits=(5*6)/2

Sum of year digits=15

Depreciation for year 2019=$30,000*5/15

Depreciation for year 2019=$10,000

Depreciation for year 2020=$30,000*4/15

Depreciation for year 2020=$8,000

Therefore, book value as on january 1, 2021=$30,000-$10,000-$8,000

book value as on january 1, 2021=$12,000

Revised useful life=6 years-2 years=4 years

Therefore, Revised depreciation for 2021=$12,000/4

Revised depreciation for 2021=$3,000

a. There is no entry required to record the accounting change

b. The journal entry to record depreciation for 2021 would be as follows:

Debit Credit

Depreciation Expense $3,000

Accumulated Depreciation $3,000

3 0

3 years ago

Pharoah Company reported net income of $1.30 million in 2022. Depreciation for the year was $208,000, accounts receivable decrea

Jet001 [13]

Answer:

Net cash flow from operating activities

$1,599,000

Explanation:

Pharoah Company

Cash flow from operating activities :

Net income $1,300,000

Net Cash flow from operating activities:

Add depreciation $208,000

Add accounts receivable decreased $455,000

Less accounts payable decreased ($364,000)

Net cash flow from operating activities $1,599,000

7 0

3 years ago

In the recent years, prices of basic food commodities such as corn, rice, and wheat have increased sharply. A recent article in

TiliK225 [7]

Answer:

I, II and III.

Explanation:

Price ceiling refers to the price control policy that is used by the government to protect the customers who are not able afford goods at the prevailing price.

If government of a nation sets a price ceiling below the equilibrium price level then this will increase the quantity demanded for the product because now goods become more affordable to the consumers and decreases the quantity supplied because it will become less profitable for the producers.

Hence, the demand for goods exceeds the supply of goods, this will create a shortage of goods in an economy.

6 0

3 years ago

You put aside $300 a month in an account that returns 9% a year, compounded monthly. How long do you need to contribute to save

Anettt [7]

Answer:

36 years 4 months and 2 days

Explanation:

Data provided in the question:

Monthly payment = $300

Rate of return, i = 9% = 0.09

Future value = $1,000,000