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irina1246 [14]
3 years ago
15

Question 2 of 8

Business
1 answer:
sveta [45]3 years ago
6 0

Answer:

This type of income is known as non-operating income in the financial statements

Explanation:

Non-operating income, as the world implies, is the income that a firm earns from activities that are not related to its main economic activity. An example would be a mall, whose main activity is the rental and management of commercial real estate, earning some income from short-term investments in the secondary market. This interest would be reported as non-operating income, and would be treated as such for financial, accounting, and tax purposes.

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Which of the following is a provision of the CARD Act? Group of answer choices Lenders cannot bribe an appraiser to misstate a h
Vlad [161]

Answer:

Credit card bills must be mailed at least 21 days ahead of their due dates.

Explanation:

A credit card can be defined as a small rectangular-shaped plastic card issued by a financial institution to its customers, which typically allows them to purchase goods and services on credit based on the agreement that the amount would be paid later with an agreed upon interest rate.

CARD is an acronym for Card Accountability Responsibility and Disclosure and it is an act (federal statute) signed by President Barack Obama on the 22nd of May, 2009 after it was passed by the Congress of the United States of America.

A provision of the CARD Act is that, Credit card bills must be mailed at least 21 days ahead of their due dates so as to avail the card holders (users) an ample amount time to pay from the time it was mailed.

7 0
3 years ago
Genuineness, or reality, of agreement is said to be present in a contract when there is:_______.
Papessa [141]

Reality of contract of an agreement is said to be present in a contract when there is genuineness.

When there is true meeting of minds or reality of agreements is the genuineness. Fraud charges are proven wrong only if they are in a written form of contract.

Be it spoken or act of conduct it cannot be stated as a fraud without any consent present information. They are not backed by fraud cloud, misrepresentation, undue influences and mistakes. It is definite and claim which is fairly straight forward in contracts. Reality emerges if the contract is fulfilled on time with due influence.

To learn more about contract here,

brainly.com/question/2669219

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6 0
2 years ago
The Internet emerged as a new medium for visualization and brought all the following EXCEPT new forms of a. computation of busin
UkoKoshka [18]

Answer:

The correct answer is letter "A": computation of business logic.

Explanation:

Business Logic refers to a series of algorithms that are the basis of different business software. Business logic implements higher-level algorithms to process workflows and data of organizations to generate an accurate output. The Internet itself did not bring business logic to the surface but the implementation of Information Technology (IT) to business.

4 0
3 years ago
The steps a company can take toward enhancing corporate ethics include
anygoal [31]
<span>The steps a company can take toward enhancing corporate ethics include developing and enforcing ethics codes. These ethics codes are determined by the respective organization to indicate and show the employees what manners and behavior to exhibit in the place of work.</span>
4 0
3 years ago
Samantha Rodriguez had gross earnings for the pay period ending 10/15/19 of $5,785. Her total gross earnings as of 9/30/19 were
SpyIntel [72]

Answer:

Social Security tax due = $358.67

so correct option is C. $358.67

Explanation:

given data

gross earnings = $5,785

total gross earnings = $116,700

Social Security taxes = 6.2%

maximum earnings = $122,700 per year

to find out

Social Security tax due by her employer from her 10/15/19 paychecks

solution

we get here Social Security tax due by her employer that is express as

Social Security tax due = Social Security taxes × gross earnings   ........1

put here value we get

Social Security tax due = 6.2 % × $5785

Social Security tax due = $358.67

so correct option is C. $358.67

6 0
3 years ago
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