why it is so difficult to compare unemployment rates in the United States with unemployment rates in poorer countries?

The Maroon & Orange Gym, Inc., uses the accrual method of accounting. The corporation sells memberships that entitle the mem

SashulF [63]

Answer:

c. $180 in 2019

Explanation:

The company uses the accrual method of accounting. Under the method, revenues are reported on the income statement when they are earned, regardless of when the money is actually received or paid.

On July 1, 2017, the company sold a one-year membership and a two-year membership. In 2017, The Maroon & Orange Gym, Inc. has provided service for 6 months of each contracts.

Gross income of one-year membership in 2017 = $40 x 6 = $240

Gross income of one-year membership in 2017 = $30 x 6 = $180

Total income = $240 + $180 = $420

In 2018, the company continued to provide service for 6 months remaining of one-year membership and 12 months remaining of two-year membership.

Gross income of one-year membership in 2018 = $40 x 6 = $240

Gross income of one-year membership in 2018 = $30 x 12= $360

Total income = $240 + $360 = $600

In 2019, the company completed providing service for 6 months remaining of two-year membership.

Gross income in 2019 = $30 x 6= $180

4 0

3 years ago

Lupe made a down payment of $2200 toward the purchase of a new car. To pay the balance of the purchase price, she has secured a

BlackZzzverrR [31]

Answer:

Cash price of the car

= Down payment + A(1 - (1+r/m)-nm

r/m

= $2,200 + $200(1-(1+0.11/12)-4x12

0.11/12

= $2,200 + $200(1-(1+0.0091666667)-48

0.0091666667

= $2,200 + $200(1-(1.009166666667)-48

0.0091666667

= $2,200 + `$200(38.691421)

= $9,938

Explanation:

The cash price of the car is equal to the down payment plus the present value of the monthly installment. The present value of the monthly installment is obtained by using present value of annuity formula.

7 0

3 years ago

1. The people, procedures, hardware, software, data, and knowledge needed to develop computer systems and machines that can simu

mario62 [17]

"Learning, reasoning, and self-awareness" are among the people, procedures, equipment, software, data, and knowledge needed to create computer systems and computers that may replicate human intelligence.

<h3>Define the term process intelligence?</h3>

Process intelligence is intelligence that has been methodically gathered to examine each step in an operational workflow or business process.

An organization can increase operational efficiency and detect bottlenecks with the aid of process intelligence.
Process intelligence aims to give an organization reliable information about the work items that are currently in use, who is performing them, how long it takes to finish each task, how long the average waiting time is, and which of the bottlenecks are.
By tracking and examining processes in the past or in the present, process intelligence technology can assist an organization in improving process management.
Software for process intelligence is particularly helpful for managing and evaluating nonlinear processes with numerous dependencies.

Thus, the people, processes, tools, gear, software, information, and knowledge required to build computer systems and computers that might replicate human intelligence include "learning, reasoning, and self-awareness."

To know more about the cognitive process, here

brainly.com/question/28929319

#SPJ4

8 0

1 year ago

1. A major controversy that is yet to be resolved about the Medicare Prescription Drug, Improvement and Modernization Act of 200

qaws [65]

Answer:

C. What the program will ultimately cost the federal government

Explanation:

The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 was an attempt to make improvements or amendments to the Social Security Act. It radically changed the playing field for private plans participating in the Medicare program by substantially raising monthly payment rates in an effort to stabilize the market and reverse the decline in benefit generosity. It also provided for voluntary prescription drugs under the medicare program. However, the utilization and cost of the program skyrocketed as soon as the funding source was established. It has remained unknown what the program will ultimately cost the federal government, no wonder the current administration under Trump wants to turn it upside down.

3 0

3 years ago

On January 1, 2021, Ozark Minerals issued $10 million of 9%, 10-year convertible bonds at 101. The bonds pay interest on June 30

joja [24]

Answer:

Upon issuance, Ozark should "Credit premium on bonds payable $100,000"

Explanation:

Issue price of bond is ($10 million * $101) = $10,100,000

The face value of the bond = $10,000,000

The premium on bond = $10,100,000 - $10,000,000

The premium on bond = $100,000

Journal entry

Debit Credit

Cash $10,100,000

Premium on bonds payable $100,000

Bonds payable $10,000,000

Conclusion: Upon issuance, Ozark should "Credit premium on bonds payable $100,000"

7 0

3 years ago