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Dominik [7]
3 years ago
11

Julie Lambert has a large consulting practice. New clients are required to pay one-half of the consulting fees up front. The bal

ance is paid at the conclusion of the consultation. How does Lambert account for the cash received at the end of the engagement
Business
1 answer:
chubhunter [2.5K]3 years ago
7 0

Answer: cash, earned consulting revenue

Explanation:

Lambert account for the cash gotten from clients through cash, earned consulting revenue. After several business has been done there would be an account of how payments where made, from this, records can be taken how cash where being payed through the records of transfers and payment.

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Which of the following The holding-period return (HPR) on a share of stock is equal to(s) the level of real interest rates? I) T
____ [38]

Answer: D. I, II, and III.

Explanation:

The demand for investment funds determines the demand for loanable funds and when this is higher than the supply, the rate increases. The reverse it true. It therefore affects real interest rates.

The savings of households and business firms are the source of loanable funds so if these are high relative to demand, the rate will decrease. The reverse is true.

Government demand for funds will increase interest rates as the supply will decrease when the government borrows massively. The reverse is true.

All three therefore impart real interest rates.

7 0
3 years ago
Which statement is true?
Vikki [24]

Hewo, Your answer is <em>"Taxes paid to the government have no direct effect on the economy". </em>The First is incorrect because savings save money, and do not leak any income. Number 2 is incorrect because Companies and Businesses pay wage to employees, and not employees pay to the business. And Exports, earn money, because you sell and export a product. Hence the logical answer is #4.

8 0
3 years ago
Market Corporation owns​ 100% of Subsidiary​ Corporation's stock. Market Corporation completely liquidates Subsidiary​ Corporati
ella [17]

Answer:

c. $500,000.

Explanation:

Market Corporation has a basis in the land of $500,000.

We are told in the question that ''Market Corporation completely liquidates Subsidiary​ Corporation, receiving land with a​ $400,000 adjusted basis and a​ $500,000 Fair Market Value''

In the event of liquidation the value of an asset is no longer its carrying amount or book value but rather the amount at which the asset can be disposed which is the fair market value.

3 0
3 years ago
Which of the following statements about entrepreneurs is FALSE? A. Entrepreneurs are people who start a new business. B. Entrepr
9966 [12]

Answer:

C. Entrepreneurs aren’t exposed to any risk when starting a new business.

Explanation:

Entrepreneurs are the person who starts their own business and took a financial risk from the start. Entrepreneurs manage the activities on their own,  develop new ideas. and create the team for the benefit of the organization

Therefore, Entrepreneur exposed to the financial risk while starting their own business

hence, the correct option is C.

3 0
3 years ago
As of December 31, 2015, Juneau Company had total cash of $155,000, notes payable of $85,600, and common stock of $52,400. Durin
Illusion [34]

Answer:

ending RE 30,000

Explanation:

Using the acounting equation we solve for the beginning RE

<em>Assets = liab + equity</em>

155,000 = 85,600 + 52,400 + Retained Earnings

155,000 - 85,600 - 52,400 = <em>17,000</em>

beginning RE 17,000

net income

revenues 36,000 - 20,000 expenses = 16,000

dividends: 3,000

ending RE: 17,000 + 16,000 - 3,000 = 30,000

6 0
3 years ago
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