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3 years ago

Answer the following as True or False.

Business

1 answer:

svp [43]3 years ago

5 0

Answer:

1. False

2. True

3. True

Explanation:

In Accounting, declaring and paying a stock dividend only decreases Retained Earnings but not Stockholders' Equity on the balance sheet because it has no effect on the cash position of an organization.

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1) Markets and competition In a perfectly competitive market, all producers sell___________ goods or services. (perfectly identi

marishachu [46]

Answer:

The answers are,

1) Perfectly Identical

2) many

3)takers

4)false

Explanation:

Lettuce is a commodity that can't be differentiated much based on the product. It can be however, differentiated from branding, packaging, etc.

But since the Lettuce is a broad category, we can assume that it is a competitive market.

Perfectly competitive markets do not really exist in the real world and are more of a hypothetical scenario. However, knowing the concept allows businesses and governments to make sound economic decisions regarding production and consumption.

3 0

3 years ago

Imagine that a small manufacturing company decides to invest in a materials resources planning (MRP) system. This is a computeri

klio [65]

The correct answer to this open question is the following.

Although there are no options attached, we can say the following,

The human resource functions that are likely to be affected by this change are Resource Management, Personal Data Management, Training, and Performance Management.

Human Resource Management helps the organization carry out this change successfully, explaining how these modifications can benefit the employees and the entire organization. HR has to use the proper means of internal communication to explain in advance the kinds of oof changes that are coming. This will prevent fear and anxiety, and eliminate rumors about the situation of the employees in the organization.

HR has to be careful in confirming that nobody is going to be fired by the arrival of new technologies. Then, HR has to explain in detail the many benefits in planning, scheduling, organizing, inventory, and many other benefits for each department. If employees do not feel threatened by this new technology they would welcome changes that allow them to do their work more productively.

5 0

3 years ago

Beachside Realty rents condominiums and furnishings. Below is the adjusted trial balance at December 31.

Lana71 [14]

Answer and Explanation:

The journal entry required to close the expense account is given below:

Income summary Dr $33,520

To Wages Expense $19,000

To Depreciation Expense $1,800

To Utilities Expense $320

To Insurance Expense $700

To Maintenance Expense $9,000

To Income Tax Expense $2,700

(being the expenses accounts are closed)

5 0

3 years ago

select the terms with the definitions of a treasury bill(t-bill). purchase price purchase price drop zone empty. discount discou

Dennis_Churaev [7]

The terms with the definitions of a treasury bill are as follows:

Purchase price - The value of the T-bill less the discount.
Discount - The interest of the T-bill.
Maturity value - The face value of the T-bill.
Effective rate - The actual interest rate.

<h3>What is a treasury bill?</h3>

In financial market, the "Treasury Bill" (T-Bill) can be defined as short-term debt obligation backed by the U.S. Treasury Department with a maturity of one year or less which are usually sold in denominations of $1,000 while some can reach a maximum denomination of $5 million. For this instrument, the longer the maturity date, the higher the interest rate that the instrument will pay to the investor.

In a typical economy, the department of Treasury sells the T-Bills during auctions using a competitive and non-competitive bidding process. The noncompetitive bids are also known as non-competitive tenders which have a price based on the average of all the competitive bids received.

Read more about treasury bill

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3 0

1 year ago

On the sale of any property, a sales associate's compensation is based on the total commission paid to the broker. The sales ass

Yuliya22 [10]

Answer:

$6,621.25

Explanation:

Calculation to determine the sales associate's total compensation

First step is to calculate the Total commission to the firm:

Total commission= $234,500 × 6.5%

Total commission = $15,242.50.

Second step is to calculate the three parts of the salesperson's commission

First part

Salesperson's commission=$2,500*30%

Salesperson's commission=$750

Second part

Salesperson's commission=$5,000*40%

Salesperson's commission=$2,000

Third part

Salesperson's commission =$2,500 + $5,000

Salesperson's commission=$7,500

Third step is to calculate the agent 50% commission that is left

Agent commission=($15,242.50 - $7,500) *50%

Agent commission=$7,742.50 * 50%

Agent commission = $3,871.25

Now let determine the sales associate's total compensation

Sales associate's total compensation= $750 + $2,000 + $3,871.25

Sales associate's total compensation= $6,621.25

Therefore Sales associate's total compensation is $6,621.25

5 0

3 years ago