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3 years ago

Layne wants to set up her PivotTable to show how her total sales were distributed across the

1 answer:

7 0

The command that would help to show the total sales distributed in the month that she wants to see is the Show Field List.

<h3>What is the show field list?</h3>

This is the command that tells the spreadsheet that you want to view the values that are in a field.

This command would show the list after you carry out the action of right clicking on the pivot table.

Read more on the pivot table here:brainly.com/question/15214258

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1. Purchased computers for $20,000 from Data Equipment on account. Select an effect 2. Paid $3,000 cash for May rent on storage

nata0808 [166]

Answer:

The question is not complete.

Here is the complete question:

Keystone Computer Timeshare Company entered into the following transactions during May 2017.

Describe the effect of each transaction on assets, liabilities, and stockholders' equity.

1. Purchased computers for $20,000 from Data Equipment on account. Select an effect

2. Paid $3,000 cash for May rent on storage space. Select an effect

3. Received $15,000 cash from customers for contracts billed in April. Select an effect

4. Performed computer services for Ryan Construction Company for $2,700 cash. Select an effect

5. Paid Midland Power Co. $11,000 cash for energy usage in May. Select an effect

6. Stockholders invested an additional $32,000 in the business. Select an effect

7. Paid Data Equipment for the computers purchased in (1) above.

Select an effect

8. Incurred advertising expense for May of $840 on account.

Here is the answer:

Transaction Effect on asset, liabilities and equity

1 Increase in asset(computer account) by $20,000

and increase in liabilities (account payable) by

$20,000

2 Decrease in asset(cash account) by $3,000 and

decrease in equity (rent expense account) by

$3,000

3. Increase in asset (cash account) by $15,000 and decrease in

asset (account receivable) by $15,000. Net effect is zero.

4. Increase in asset (cash account) by $2,700 and increase in

equity (service revenue account) by $2,700

5. Decrease in asset (cash account) by $11,000 and decrease in

equity (Energy expense account) by $11,000

6. Increase in asset (cash account) by $32,000 and increase in

equity (common stock account) by $32,000

7. Decrease in asset (cash account) by $20,000 and decrease in

liabilities (account payable) by $20,000

8. Increase in liabilities (accrued advertising expense) by $840

decrease in equity (advertising expense account) by $840

Explanation:

Assets are economic resources of the firm in which future economic benefits are expected to flow to the entity. Liabilities are the entity`s financial obligation to those who are not the owners of the business. Equity is the residual value after deducting am entity`s assets from its liabilities.

With this background, business transactions and events are recorded either as increase or decrease in asset, liabilities and equity.

6 0

3 years ago

Which of the following best describes a Nash equilibrium? An outcome from which one or both competitors can improve their positi

amid [387]

The question is reconstructed below:

Which of the following best describes a Nash equilibrium?

A. An outcome from which one or both competitors can improve their position by adopting an alternative strategy.

B. The unstable outcome of a repeated game.

C. An outcome that is stable only because of credible threats.

D. An outcome which both competitors see as optimal, given the strategy of their rival.

Answer:

D. An outcome which both competitors see as optimal, given the strategy of their rival.

Explanation:

Although Nash equilibrium is a game theory, it has been widely applied in economics. It states that a competitor can achieve his desired outcome by sticking to his original strategy. Both competitors' strategies are optimal when considering the decisions of each other.

8 0

3 years ago

Tomas would like to know whether his new business will be profitable, how much financing he will need, and whether he will have

Crank

Answer:

Pro forma financial statements

Explanation:

The term pro forma financial statements refers to a type of financial statement which estimates future financial results. It doesn't follow the GAAP, instead it is designed to focus on specific figures about a company's expected earnings. Although pro forma financials are only expected financial statements, it is still illegal to mislead investors using them.

By preparing a pro forma financial statement, Tomas will be able to estimate if his new business will be profitable or not, approximately how much financing he will need and estimate the future cash flows of his project.

3 0

3 years ago

The common stock of the C.A.L.L. Corporation has been trading in a narrow range around $125 per share for months, and you believ

Fiesta28 [93]

Answer:

he price of a 6-month call option on C.A.L.L. stock is 15.27

Explanation:

The price of a 6-month call option on C.A.L.L. stock at an exercise price of $125 is computed as;

$C+Xe^{rt} = P + S$

Where as,

C = Value of call,

X = strike price,

P = value of put ,

S = Stock price

Thus,

$C + 125e^{-5} = 10.27 + 125$

C + 120 = 135.27

C = 15.27

7 0

3 years ago

According to a summary of the payroll of Mountain Streaming Co., $110,000 was subject to the 6.0% social security tax and the 1.

Rainbow [258]

Answer:

a. Calculate the employer's payroll taxes, using the following rates: state unemployment, 5.4%; federal unemployment, 0.8%.

$9,800

b. Journalize the entry to record the accrual of payroll taxes. If an amount box does not require an entry, leave it blank.

Dr FICA Social Security expense 6,600
Dr FICA Medicare expense 1,650
Dr Federal unemployment tax expense 200
Dr State unemployment tax expense 1,350
Cr FICA Social Security payable 6,600
Cr FICA Medicare payable 1,650
Cr Federal unemployment tax payable 200
Cr State unemployment tax payable 1,350

Explanation:

payroll taxes should be:

social security $110,000 x 6% = $6,600

Medicare $110,000 x 1.5% = $1,650

federal unemployment $25,000 x 0.8% = $200

state unemployment $25,000 x 5.4% = $1,350

total = $9,800

Both employees and employers must pay equal amounts of FICA taxes (social security and medicare), but only employees pay unemployment taxes.

8 0

3 years ago