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2 years ago

Briefly explain the following with examples:

Business

1 answer:

Orlov [11]2 years ago

3 0

Answer:

Any transaction in cash, either paid or received eg. bought goods from supplier on cash.

Some time supplier offers customer the credit so he can pay later. Bought goods from supplier which are payable in 30 days.

Revenue expenditure is short-term expenditure used to run daily operations eg. Rent, Salaries. These are treated as expense in SOCI.

Where as capital expenditure is one-time large expenditure which generate revenue for company in future. eg Plant and Machinery, Equipment, Furniture. These are capitalized as in SOFP as they meet the definition of Asset (ie Future economic benefits will flow to entity).

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According to Maslow's hierarchy of needs theory, esteem needs:

klasskru [66]

Answer:

c. include the need for recognition

Explanation:

Esteem needs two different sets of needs

the need for a positive self-image and self-respect
the need for recognition and respect from others

7 0

3 years ago

Describe at least one way in which a line of credit is different from a loan.

denis-greek [22]

A line of credit is similar to a credit card in that it is a flexible borrowing solution. You can draw on this revolving loan by writing a check. You are can also borrow any part of your credit line again once you have repaid it. There are no payments until you use your line.

With a personal loan, you get the whole loan when you're approved and you start paying interest right after on the full amount. You have a schedule of payments that will get smaller until the loan is paid off.

8 0

3 years ago

A factory worker really wants to move up in the corporation. He does his work, stays late, and is always looking for extra ways

REY [17]

Answer:

instrumentality

Explanation:

Based on the information provided within the question it seems that this will most likely affect his instrumentality. Meaning his quality of serving as a means to an end. This is because the worker is working hard in order to progress in the company and not have to work so hard in the future. If this does not happen then he will begin to become discouraged and not work as hard anymore.

6 0

3 years ago

An investor deposits 50 in an investment account on January 1. The following summarizes the activity in the account during the y

ANTONII [103]

Answer:

236.25

Explanation:

Calculation to determine X

First step is to calculate the 6 months Yield

6 month Yield=(40/40+20) (80/40+20) (157.60/80+80)+1)

6 month Yield=(40/60) (80/60) (157.60/160)-1

6 month Yield=5%

Second step is to calculate the Annual equivalent

Annual equivalent=(1.05)^2-1

Annual equivalent=10.25%

Third step is to calculate the 1 year yield

1 year yield=(40/50) (80/40+20) (175/80+80) (x/175+75)

1 year yield=(40/50) (80/60) (175/160) (x/250)-1

1 year yield=0.1025

Now Let calculate X

x(0.004667)=1+.1025

x(0.004667)=1.1025

x=1.1025/0.004667

x=236.25

Therefore X is 236.25

7 0

2 years ago

Heather Oak is trying to prepare a personal budget and has identified the following list of monthly costs. Identify each cost as

worty [1.4K]

Answer:

Cost Nature Cost driver

Rent Fixed Area per ft

Utilities Variable Units used per activity

Car Payment Variable Km. run

Cell phone bill Variable Charges peer min of usage

Gasoline Variable Usage per in ltr.

Cable Bill Fixed Number of connected devices

Groceries Variable Usage per day

Dining Out Variable Number of days dined out

7 0

3 years ago