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3 years ago

4. Which of the following is a liability?

Business

2 answers:

Lynna [10]3 years ago

6 0

Answer:

Answer is B

Explanation:

Products bought using a loan creates lenders in the books of record. Various leasers are viewed as current liability.

zlopas [31]3 years ago

5 0

Answer:

Maybe C.

Explanation:

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16. According to data from the U.S. Department of Energy, sales of the fuel-efficient Toyota Prius hybrid fell from 194,108 vehi

Westkost [7]

Answer:

0.22 and substitutes goods

Explanation:

The computation of the cross-price elasticity of demand using mid point formula is shown below:

= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)

where,

Change in quantity demanded is

= Q2 - Q1

= 180,603 - 194,108

= -13,505

And, the average of quantity demanded is

= (180,603 + 194,108) ÷ 2

= 187,356

Change in price is

= P2 - P1

= $2.43 - $3.36

= -$0.93

And, the average of price is

= ($2.43 + $3.36) ÷ 2

= 2.895

So, after solving this, the cross - price elasticity is 0.22

Since the cross - price elasticity is positive that reflect the goods are substitutes to each other

4 0

3 years ago

Tom's Textiles shipped the wrong material to a customer, who refused to accept the order. This is an example of a:-Sales revenue

Angelina_Jolie [31]

Answer:

Sales return

Explanation:

Sales return when a customer is not satisfied with a product, refuses to accept the order and expects to receive back the whole amount of money he paid for it.

Tom's Textiles are at wrong here as they shipped the wrong material to a customer. The customer is allowed not to accept the order and all the money he paid must be reimbursed to him. The company should apologize for the mistake in a pleasant manner, as mistakes happen everyday and can be corrected quickly and efficiently.

3 0

3 years ago

A company reported the following financial information: Taxable income for current year $120,000 Deferred income tax liability,

Inessa05 [86]

Answer:

$41,000

Explanation:

Calculation to determine The current-year's income tax expense amount

First step is to calculate the current tax expense

Current tax expense=$120,000 taxable income × 35% tax rate

Current tax expense=$42,000

Second step is to calculate the deferred income tax liability increased

Deferred income tax liability=$55,000-$50,000

Deferred income tax liability=$5,000

Third step is to calculate the deferred income tax asset increased

Deferred income tax asset=$16,000-$10,000

Deferred income tax asset=$6,000

Now let calculate the current year's income tax expense

Current year's income tax expense = $42,000 + $5,000 - $6,000

Current year's income tax expense=$41,000

Therefore Current year's income tax expense is $41,000

3 0

3 years ago

An investor purchases a 12-year, $1,000 par value bond that pays semiannual interest of $50. If the semiannual market rate of in

WARRIOR [948]

Answer:

the present value of the bond is $16.67

Explanation:

given data

time NPER = 12 year = 12 × 2 = 24 semi annual

bond value FV = $1000

interest PMT = $50

rate of interest = 6% = $\frac{0.06}{2}$ = 0.03 = 3 % semi annual

solution

we will apply here formula for current value in excel as given below

-PV(Rate;NPER;PMT;FV;type) .............1

put here value as

rate = 3% and NPER = 24 , and FV = 1000 and PMT = $50

solve it we get

the present value of the bond is $16.67

4 0

3 years ago

b. Choose three of the following aspects from the scenario, and provide a detailed discussion of their effect on the design thin

liubo4ka [24]

This process which involves design thinking is important because it helps someone to effectively empathize and also to solve problems.

<h3>What is Design Thinking Process?</h3>

This refers to the different processes of trying to logically and empathetically understand problems and people and give solutions.

With this in mind, we can see that this design thinking has five stages which includes:

Empathize,
Define,
Ideate,
Prototype
Test

Please note that your question is incomplete so I gave you a general overview so that you can get a better understanding of the concept.

Read more about design thinking process here:
brainly.com/question/24596247

3 0

2 years ago