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3 years ago

Select the correct answer.

Business

2 answers:

Vsevolod [243]3 years ago

8 0

Answer:

Explanation:

Roth IRA is the correct answer

Hitman42 [59]3 years ago

8 0

Answer:

It's B. Roth IRA because ive done that question with my cousin.

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Why are adjustments made to the accounting records at the end of the period? (You may select more than one answer. Single click

zavuch27 [327]

Answer:

To ensure assets and liabilities are reported at appropriate amounts.

To ensure the related revenues and expenses are reported in the proper period.

Explanation:

Adjusting entries at the end of the period are basically made, to comply with the requirements of the accrual principal.

Under accrual principal the financial statements represent the true and fair view of the transactions and conditions of the company.

It basically records all the revenues and expenses at the time when they are incurred and not at the time when they are paid in cash, or cash is received.

As and when the transaction incurs, or to the period it relates it shall be disclosed.

Therefore, each balance sheet item is disclosed and reported at the appropriate amount. And the all the revenues and expenses related to the period are provided for.

4 0

4 years ago

Why do corporations, companies, and government agencies use formal application forms?Select the best answer from the choices pro

defon

Answer:

Explanation:

they can not hire everyone

5 0

3 years ago

An equipment having a first cost of 450000 pesos has a life expectancy of 10 years with final salvage value of P80000. Using the

ANTONII [103]

Answer:

Book value at end of Year 6 = 153,180.37 pesos

Explanation:

Provided cost of asset = 450,000 pesos

Salvage value = 80,000 pesos

Straight line depreciation with life of 10 years $\frac{450,000-80,000}{10} = 37,000$

Depreciation rate = $\frac{37,000}{450,000} \times 100 = 8.22%$

Rate of depreciation under double declining method = 8.22 $\times$ 2 = 16.44%

Thus,

Value at end of

Year 1 = 450,000 - 16.44% = $376,020

Year 2 = 376,020 - 16.44% = $314,202.312

Year 3 = 314,202.312 - 16.44% = 262,547.452

Year 4 = 262,547.452 - 16.44% = 219,384.65

Year 5 = 219,384.65 - 16.44% = 183,317.814

Year 6 = 183,317.814 - 16.44% = 153,180.37

Thus, book value at end of Year 6 = 153,180.37 pesos

7 0

3 years ago

When organizations face a turbulent environment, intense competition, and the need to move fast, the most appropriate leadership

konstantin123 [22]

When organizations face a turbulent environment, intense competition, and the need to move fast, the most appropriate leadership would be: transactional subordinate centered free rein transformational task-centered.

<h3>How can an organization attend to turbulent environment, intense competition?</h3>

For an to respond to turbulent environment, intense competition, then the kind of leadership needed is transformational task-centered that would be able to observe the business environment to make necessary decision.

Learn more about the leadership at brainly.com/question/25927714

#SPJ1

6 0

2 years ago

The South Division of Wiig Company reported the following data for the current year. Sales $3,018,000 Variable costs 1,979,808 C

hram777 [196]

Answer:

(a) Compute the return on investment (ROI) for the current year.

Current ROI 8.72%

Explanation:

Sales 3,018,000

- Variable Cost 1,979,808

- fixed cost 594,600

Operating Income 443,592

Operating assets 5,087,200

Return on Investment

$\frac{operating \: Income}{Average \: Assets}$

ROI = 433,592/5,087,200 = 0.087197 = 8.72%

5 0

3 years ago