1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
KiRa [710]
3 years ago
6

Accounting definition?

Business
2 answers:
Ganezh [65]3 years ago
8 0
What Is Accounting?
Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position and cash flows.
Mice21 [21]3 years ago
5 0

Answer:

Accounting or Accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations.

Explanation:

Please mark the brainliest if it helped you.

You might be interested in
Recently, the spot market price of U.S. hot rolled steel plummeted to $400 per ton. Just one year ago, this same ton of steel co
nevsk [136]

Answer:

The computation of given question is shown below:-

Explanation:

One year ago

Quantity supplied = 600 + 4P

Quantity demanded = 9,000 - 8P

600 + 4P = 9000 - 8P

Price one year ago = $700

Quantity one year ago = 3,400

Current market:-

Quantity supplied = 4200 + 4P

Quantity demanded = 9,000 - 8P

4,200 + 4P = 9,000 - 8P

Price for current market = $400

Quantity for current market = 5,800

C(Q) = 1,200 + 15Q2

A representative firm in a competitive market would produce steel where MC = P

MC = dC ÷ dQ = 30Q

The raw steel does a representative firm produce when the market price is $700

30Q = 700

Q = 23.33

The raw steel does a representative firm produce when the market price is $400

30Q = 400

Q = 13.33

7 0
3 years ago
Teams are task groups that have matured to the _____ stage.A. formingB. stormingC. normingD. performingE. adjourning
Pie

The answer to this is D, Performing.

3 0
3 years ago
Read 2 more answers
Real-time data provided by Federal Reserve Economic Data​ (FRED), Federal Reserve Bank of Saint Louis. Can we tell from this inf
kari74 [83]

<u>Full Question:</u>

From July 2015 July 2015 to October 2015​, business inventories decreased by $3 billion. *Real-time data provided by Federal Reserve Economic Data​ (FRED), Federal Reserve Bank of Saint Louis.

Can we tell from this information whether aggregate expenditure was higher or lower than GDP during this​ quarter? If​ not, what other information do we​ need?A. Aggregate expenditure was equal to GDP in this quarter. B. There is not enough information to determine the relationship between aggregate expenditure and GDP. C. Aggregate expenditure was less than GDP in this quarter. D. Aggregate expenditure was greater than GDP in this quarter.

Aggregate expenditure was greater than GDP in this quarter.

<h3><u>Explanation:</u></h3>

The values of all the goods and services in a country at a certain period of time determines the GDP of that country. It is the monetary values of these finished goods and services. GDP helps any country in the determination of the growth rate of that country  economically. The monetary values associated with the income, expenditures and the  production helps in the GDP calculation.

The summation of all the expenditures of the economy  by the factors during a certain time period is the aggregate expenditure. Aggregate expenditures can be calculated by the summation of  C, I ,G,NX. From the give data we can conclude that Aggregate expenditure was greater than GDP in this quarter.

4 0
3 years ago
Further From Center has 12,100 shares of common stock outstanding at a price of $55 per share. It also has 310 shares of preferr
VARVARA [1.3K]

Answer:

Market value of common stocks = 12,100 x $55 = $665,500

Market value of preferred stock = 310 x $91       = $28,210

Market value of bonds                = 370 x $2,230 = $825,100

Market value of the company                                   $1,518,810

Capital structure weight of preferred stocks

= $28,210/$1,518,810

= 0.0186

The correct answer is A

Explanation:

In this question, we need to calculate the market value of the company, which is the aggregate of market value of equity, market value of preferred stocks and market value of bond. The capital structure weight of preferred stock is the ratio of market value of preferred stock to market value of the company.

5 0
3 years ago
Suppose the U.S. government encouraged consumers to trade in their old automobiles for more efficient, new models by paying up t
Sunny_sXe [5.5K]

Answer:

People respond to economic incentives                        

Explanation:

Economic incentives is what encourages you to act in some way, while expectations are your needs your interests and your preferences. Economic incentives offer you the drive to follow your interests. These can be grouped further as extrinsic and intrinsic incentives.

Extrinsic incentives arise from the outside of the human being. These are the usual economic incentives you're likely to think of all along. Extrinsic rewards include cash, bonuses, sales, and earnings.  Intrinsic incentives are inherent inducements, and are inner to the individual. It is an intrinsic motivation to get satisfaction from jobs.

3 0
4 years ago
Other questions:
  • On December 28, 20X3, Stern Corporation and Ram Company established S&amp;R Partnership, with cash contributions of $14,000 and
    8·1 answer
  • Which of the following should you capitalize? first word in a sentence days of the week all words in quotes "me" all important w
    13·1 answer
  • When considering a balanced scorecard that depicts a company from a(n) _____ perspective, the critical HR indicators are employe
    13·1 answer
  • In 4-6 sentences explain the savings-borrowing-investing cycle.
    12·1 answer
  • A customer makes a $1,500 purchase at ApplianceWorld, paying with a credit card. ApplianceWorld is charged a 2% fee by the credi
    6·1 answer
  • Keeping up with paying bills and salaries is the ability to keep a company...
    11·2 answers
  • Microeconomics is concerned with Group of answer choices the aggregate or total levels of income, employment, and output. a deta
    15·1 answer
  • A consensual fiduciary relationship in which one party acts on behalf of and under the control of another in dealing with third
    8·1 answer
  • g You earn $40,221 at your job and must pay 11% of your income in taxes. You then decide to save 8% of your disposable income. H
    14·2 answers
  • Which trade organization is responsible for 90% of the world’s trade?
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!