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3 years ago

What is the bad side of profit motive?

2 answers:

8 0

Answer: The profit motive that drives companies and individuals all too often gives way to greed. The power of leadership all too often gives way to elitist domination. The accumulation of wealth can look like excess or hoarding while income inequality increases in economies around the globe.

sry for the big words. its off the internet.

Daniel [21]3 years ago

3 0

Answer:

The profit motive that drives companies and individuals all too often gives way to greed. The power of leadership all too often gives way to elitist domination. The accumulation of wealth can look like excess or hoarding while income inequality increases in economies around the globe

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How many megacities (those with 5 million or more inhabitants) were there in 1950, and how many do estimates suggest there will

Georgia [21]

In 1950, only two mega-cities were there, and the estimate suggests that there will be 22 mega-cities in 2015.

Megacities are defined now as the cities having 10 million or more than 10 million inhabitants.

<span>There are 37 mega-cities now in the world, which include Tokyo and Greater Jakarta, these cities have population more than 30 million inhabitants.</span>

4 0

3 years ago

Tony and Suzie are ready to expand Great Adventures even further in 2022. Tony believes that many groups in the community (for e

Lera25 [3.4K]

If on Jan. 24 Great Adventures purchases outdoor gear such as ropes, helmets, harnesses, compasses, and other miscellaneous equipment for $6,000 cash. The adjusting entry for uncollectible accounts and the accrued interest revenue are:

a. The adjusting entry for uncollectible accounts are:

Jan. 24, 2022

Debit Equipment $6,000

Credit Cash $ 6,000

(To record purchase of equipment and other materials)

Feb. 25

Debit Account Receivable $4,000

Credit Service Revenue $4,000

(To record service revenue on account)

Feb. 28

Debit Cash $3,840

($4,000-$160)

Debit Cash Discount $160

(4%×$4,000)

Credit Account Receivable $4,000

(To record cash receipt and discount)

Mar. 19

Debit Account Receivable $5,000

Credit Service Revenue $5,000

(To record service provided on account)

Mar. 27

Debit Cash $4,800

($5,000-$200)

Debit Cash Discount $200

(4%×$5,000)

Credit Account Receivable $5,000

(To record cash receipt and discount allowed)

April 7

Debit Cash $8,500

Credit Unearned Service Revenue $8,500

(To record cash receipt for providing service in future)

April 14

Debit Unearned Service Revenue $8,500

Credit Service Revenue $8,500

(To record unearned revenue being earned)

April 30

Debit Account Receivable $7,000

Credit Service Revenue $7,000

(To record service provided on account)

May 31

Debit Note Receivable $7,000

Credit Account Receivable $7,000

(To record a 3 months, 7% Note Receivable)

Jun. 15

Debit Account Receivable $29,000

Credit Service Revenue $29,000

(To record service provided on account)

b. The journal entries to record the accrued interest revenue are:

Jun. 30

Debit Interest Receivable $40.83

Interest Revenue $40.83

($7,000×7%× 1/12)

(To record accrued interest for 1 month)

Learn more here:

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5 0

3 years ago

Bingo Corp. signed a promissory note of $1,000 for one of its vendors in exchange for supplies. $100 cash payment is due upon si

otez555 [7]

Answer:

The answer is: C) Debit supplies $1,000; credit cash $100 and credit notes payable $900

Explanation:

When assets increase, they are debited - so Supplies account should be debited.

Dr Supplies 1,000

When assets decrease, they are credited - so Cash account should be credited.

Cr Cash 100

When liabilities increase, they are credited - so Notes Payable should be credited.

Cr Notes Payable 900

3 0

3 years ago

On her way to a concert, Hermione stopped at a restaurant for dinner. In her purse, she had 12 bills worth a total of $40. She h

katovenus [111]

The correct statement will be that the maximum number of $5 bills that can be in Hermione's purse will be 7. So, the correct option that matches the statement is D.

The number of bills of $5 are seven, as Hermione also has at least one bill of $1.

<h3>Calculation of bills. </h3>

Considering Hermione has at least one bill of $1, then the computation of total bills out $40 can be shown as below,

$40= 1+x$

where <em>x </em>is the number of $5 bills

So we know that the maximum number of bills of $5 that can be kept by Hermione is 7 as $35 is the nearest number possible and seven bills of $5 will constitute $35.

Hence, it can be concluded that option D is correct that there are seven bills of $5 in the purse of Hermione and hence there will be five bills of $1 in her purse.

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3 years ago

Question #2: Why should we simplify expressions in algebra Using race

rusak2 [61]

Answer:

Why should we simplify expressions in algebra Using race?

Learning how to simplify an expression is the most important step in understanding and mastering algebra. Simplification of expressions is a handy mathematics skill because it allows us to change complex or awkward expressions into simpler and compact forms.

xXxAnimexXx

Have a great day!

4 0

3 years ago

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