1. Asset (land)
2. Liability (salaries owed)
3. Net Asset (restricted)
4. Asset (government bonds)
5. Asset (prepaid insurance expenses)
6. Liability (mortgage)
7. Expense (salaries paid)
8. Asset (supplies)
9. Liability (bill from utility company)
10. Asset (money owed)
What are the categorizations of the given items?The categorizations for each item are as follows:
1. The land on which the nonprofit is located and owns is classified as an asset.
2. Salaries owed to employees represent a liability as the nonprofit has an obligation to pay them.
3. A $100,000 grant to be paid next year for a specific purpose by a foundation is classified as a net asset, specifically restricted until the purpose is fulfilled.
4. Government bonds owned by the nonprofit are categorized as assets.
5. Prepaid insurance expenses represent an asset since they have already been paid for in advance.
6. A fifteen-year mortgage on the organization's building is considered a liability.
7. Salaries paid to employees are recorded as an expense.
8. Supplies in the closet are categorized as assets.
9. A bill from a utility company represents a liability as it is an unpaid amount owed by the nonprofit.
10. Money owed to the nonprofit but not yet paid is considered an asset.
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company z has a cross purchase buy-sell agreement in place among its three founding partners. if the agreement is funded with individual life insurance, what would it require?
Since, Company Z has a cross purchase buy-sell agreement, and it is funded with individual life insurance then Each partner must own a policy on the other partners.
Using a cross-purchase agreement, a company's stakeholders or other owners can procure the preferences or securities of a partner who eventually died, has become disabled, or resigned. In order to ease that transfer of value, the method frequently varies depending on a policy of life insurance in the occasion of a death.
A cross-purchase agreement is generally used during business continuity plans to clarify how share capital can be dispersed or obtained by the remaining survivor's partners, such as a fractional distribution based on each partner's shareholding portion of the company.
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when will nekos be created?
Answer:
no
Explanation:
Answer:
welp bro idek what a neko is butttt i found this? "Neko (as in catgirls) first appeared in Japanese manga as early as 1924, and in anime around 1949. They were first embraced by Americans in the 1980s." owo
A zero coupon corporate bond has a par value of $10000, a current price of $6000 and 8 years to maturity. If a municipal bond yields 3%, what is the difference in the after-tax returns of the two opportunities for investors who pays a 30% tax rate and lives in the same state as the municipality? Enter your answer as a percentage to one decimal with no % sign.
The difference in after-tax returns between the zero coupon corporate bond and the municipal bond is approximately 20.0%.
First, let's calculate the yield to maturity (YTM) of the zero coupon corporate bond. We can use the formula:
YTM = ((Par Value / Current Price)^(1/Time to Maturity)) - 1
Substituting the given values, we have:
YTM = (($10,000 / $6,000)^(1/8)) - 1 ≈ 0.0697 or 6.97%
Next, we calculate the after-tax return of the municipal bond by multiplying the municipal bond yield (3%) by the (1 - Tax Rate):
After-Tax Return (Municipal Bond) = 3% * (1 - 0.30) = 2.1%
Finally, we find the difference in after-tax returns:
Difference in After-Tax Returns = YTM - After-Tax Return (Municipal Bond) ≈ 6.97% - 2.1% ≈ 4.87%
Therefore, the difference in after-tax returns between the zero coupon corporate bond and the municipal bond is approximately 4.87%, or 20.0% when expressed as a percentage (4.87% / 24.35%).
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How does business generate income?
Hai!
This depends on the Type of Business.
If it is a Selling Business, they sell stuff to Earn Profit.
If its a Free Online Website/Game. They earn money by either in game purchases or Web Site purchases.
write names of any four equipment that uses modern technology
Answer:
routers
Internet modems
desktop or notebook computers
servers
headsets
The four pieces of equipment that use modern technologies are an Internet modem, a Router, an internet switch, An Uninterruptable Power Supply (UPS)
Internet modem
The term "modem" is misleading because it dates back to the time when a digital signal was required to be modulated before being sent over an analog phone line and demodulated upon arrival.
However, every firm needs a link between an Internet Service Provider (ISP) and an office network.
Router
Every device on a network may receive a different IP address from a router. This is necessary for features like shared printing and scanning.
Anyone with the necessary credentials can connect securely to network devices from home or while on the go by setting up a virtual private network (VPN) on a router.
An Internet switch
Physical ports on routers are often few. Fortunately, a switch may be used to connect a router. Switches can have up to 48 ports. Stacking switches is another option. Therefore, each VoIP phone in your office that has, let's say, 24 lines will require a port (although a VoIP phone and a computer can be daisy-chained to a single switch port).
An Uninterruptable Power Supply (UPS)
A few hundred dollars to many thousands of dollars can be spent on a UPS, and companies like CyberPower provide a variety of products in this price range.
Low-end UPSs can run modems, routers, and switches for a few hours during a power outage because they consume little power. Employees with fully charged laptops can keep working.
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i need help with this its kinda hard
When conducting an independent audit the accountant is to evaluate a company's financial statements and ______.
When conducting an independent audit the accountant is to evaluate a company's financial statements and provide an unbiased opinion about their accuracy.
What is financial statement?Financial statements are documents that describe a company's activities and financial performance. Financial statements are routinely audited by government agencies, accounting firms, etc. to ensure their accuracy and for tax, financing, or investment reasons.
The basic financial statements are
Income statement. Cash flow statement. Statement of changes in equity. Balance sheet. Note to financial statements.Thus, it is provide an unbiased opinion about their accuracy.
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The u.s. treasury is the only agency authorized to put money into circulation in the u.s. economy.
a. True
b. False
The u.s. treasury is the only agency authorized to put money into circulation in the u.s. economy.
a. True
The only organization permitted to circulate money in the American economy is the United States Treasury. a means of preserving wealth in a form that can be easily spent for future purpose. Money's purchasing power and the level of prices are inversely related.How does new money enter the American financial system?
As the nation's central bank, the Federal Reserve is in charge of managing the supply of dollars. By buying assets on the open market and adding the matching cash to the bank reserves of commercial banks, the Fed produces money.
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two examples of an independent contractor a business may hire
Answer:
Electricians, plumbers, carpenters
Explanation:
what are the two general areas of specialization in accounting?
Answer:
Financial Accounting. Financial accounting is an area of accounting that deals with the recording, classifying, reporting and interpreting of a business financial performance and economic conditions to interested users ...
Managerial Accounting. Managerial Accounting is an area of accounting that deals with accumulation of financial information and preparation of reports for internal users only, like the company’s management or ...
Cost Accounting. Cost Accounting is an area of accounting that captures and accumulates manufacturing or production costs for internal use of an entity’s management, used in decision making purpose.
Explanation:
what dose productivity mean
Answer:
Productivity means, the act of doing consistent work.
Explanation:
Example: The Factory has gone up by 30% in the last year.
Jenna is working on her productivity so she could pass her class.
Importers Direct arranged to have a French winery ship a large quantity of fine wine to the United States. By signing a(n) ______________, Importers Direct authorized its bank to make full payment to the French winery if and when the wine arrives at the Importers Direct warehouse in Philadelphia.
Answer: letter of credit .
Explanation:
A letter of credit is known as
a trade finance mechanism also known as "letter of undertaking" used as a guarantee document that the payment of goods and services will be fulfilled between a seller and a buyer.It is also known as documentary credit or a bankers commercial credit.Hence, Importers Direct arranged to have a French winery ship a large quantity of fine wine to the United States. By signing a letter of credit , Importers Direct authorized its bank to make full payment to the French winery if and when the wine arrives at the Importers Direct warehouse in Philadelphia.
What type of goods includes raw materials and integrated circuits?
A) substitute products
B) industrial goods
C) consumer goods
D) marketing goods
E) disposable goods
B) Industrial goods includes raw materials and integrated circuits.
Industrial goods are products that are used in the production of other goods and services, rather than being sold directly to consumers. They are often purchased by businesses, governments, or other organizations for use in their own production processes.
Raw materials, such as wood, steel, and plastic, are examples of industrial goods that are used to create other products. Integrated circuits, which are used in the production of electronic devices, are also industrial goods.
In contrast, consumer goods are products that are sold directly to consumers for personal use or consumption, such as clothing, food, and household appliances. Substitute products are alternative products that can be used in place of one another, while marketing goods are products that are used to promote a brand or message. Disposable goods are products that are intended to be used once and then discarded, such as paper plates or plastic utensils.
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here is 20 points cause you earned it king/queen
Imagine that you are a manager in a restaurant. Each month you have to purchase supplies for the restaurant. A meat supplier offers you a kickback of 10% if you purchase meat from him, even though his prices are slightly higher than the competitors. What would you do? Why?
Answer:
i would say that his prices were a little high and ask for 20% off if he cant give that off then i would just say okay. why? because that's the plight thing to do.
Explanation:
hope this help.
brainiest please
Answer:
I hope this helps :)
Explanation:
Well I feel like I would purchase the meat based on quality. Of course it's going to cost me more, but you can't go wrong with better product. If the other places are selling meat for less, but the quality is bad what's the point. I definatly would choose quality over quanity when it comes to the purchase of meat.
the purchase of multiple plant assets for one purchase price is called a ______ purchase.
the purchase of multiple plant assets for one purchase price is called a blank purchase.
Answer:
(Plant/Current) or also called (lump-sum, group, bulk, or basket purchase)
Explanation:
Found the PDF with all the answers
Consider the circumstances that make it acceptable (or not) for governments or media organizations themselves to place limits on freedom of speech
Governments or media organizations may place limits on freedom of speech when it poses a direct threat to public safety, incites violence or hate speech, or spreads false information that can cause harm or manipulate public opinion.
Freedom of speech is a fundamental right, but it is not absolute. There are circumstances where governments or media organizations may find it necessary to place limits on this freedom to protect the greater good of society. Some acceptable circumstances include:
1. Public Safety: When speech presents an immediate and clear danger to public safety, such as direct incitement to violence or terrorist activities.
2. Hate Speech: Limits can be justified when speech promotes discrimination, hostility, or violence against individuals or groups based on factors like race, religion, gender, or sexual orientation.
3. False Information: Speech that spreads misinformation, particularly in critical areas such as public health, can be limited to prevent harm or manipulation of public opinion.
However, it is crucial to balance these limitations with the principles of democracy, transparency, and respect for human rights to ensure that any restrictions are necessary, proportionate, and subject to judicial review to avoid abuse of power and protect freedom of expression.
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Question 6 of 10
3 Points
A body of the letter is composed of the:
Answer:
Introduction
The body of the letter is usually divided into the three paragraphs (one is the introduction, then supporting details, then conclusion of topic).
generally, a closely held family corporation is not permitted to take a deduction for a salary paid to a family member in calculating corporate taxable income.
Generally, a closely held family corporation is not permitted to take a deduction for a salary paid to a family member in calculating corporate taxable income. This is because the Internal Revenue Service (IRS) has specific rules in place to prevent abusive tax avoidance practices.
The IRS requires that all expenses claimed as deductions be ordinary and necessary for the operation of the business. When it comes to paying salaries to family members, the IRS scrutinizes such transactions more closely to ensure they are reasonable and not simply a means of shifting income within the family.
To determine whether a salary paid to a family member is deductible, the IRS considers various factors. These include the nature and extent of the services performed, the qualifications of the family member, the salary compared to industry standards, and the overall financial condition of the corporation.
If the IRS determines that the salary paid to a family member is excessive or unreasonable, they may disallow the deduction. This means that the corporation will not be able to reduce its taxable income by the amount of the salary paid.
However, it's important to note that there are situations where a closely held family corporation may be able to deduct salaries paid to family members. For example, if the family member provides substantial services to the corporation and is paid a reasonable salary comparable to what an unrelated employee would receive for similar work, the deduction may be allowed.
In conclusion, while a closely held family corporation is generally not permitted to deduct salaries paid to family members in calculating corporate taxable income, there are exceptions when the salaries are reasonable and commensurate with the services provided. It is crucial for corporations to ensure that any salary paid to a family member is well-documented and supported by evidence to avoid potential scrutiny from the IRS.
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What is prohibited in a command economy?
a. the control of prices and income levels.
b. the rationing of manufactured goods.
c. the personal ownership of property.
d. the influence of consumer demand.
e. the intervention of the government.
Personal ownership of property is prohibited in a command economy. Thus, option C is correct.
What is a command economy?All types of private property possession are forbidden in a command economic benefits, which is run by a centralized, frequently authoritarian government. This prevents the wealth of the country from concentrating in the hands of a select few. A private investment with a profit is also banned.
All of the significant fiscal choices are made by the government. It manages all production tools, including raw materials, money, land, and companies in a nation.
There is no private proprietorship of land or capital, or it is very restricted. Prices are decided by central planners, who also manage production levels and restrict or forbid rivalry in the business community. There is no private sector in a command economy because all companies are owned by or under the supervision of the central government.
Therefore, option C is correct.
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which of the following are goods that conform to contract specifications? multiple choice adequate goods transforming goods conforming goods reasonable goods superior goods
Conforming goods are goods that conform to contract specifications.
Products that comply with the requirements of the sales contract are referred to as conforming goods. The type and amount of items that a buyer requires are typically stated in a purchase contract under sales legislation. An agreed-upon consideration obligates the seller to provide the customer with the requested items.
When the items provided match the commodities listed in the purchase contract, the goods are referred to as conforming goods.
In addition to quantity, quality, description, and packaging, the conformity of goods is determined by their adherence to standards that will affect how they are used, such as statutory requirements and industry codes.
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Draw a planned aggregate expenditure curve for an economy where autonomous expenditure is $500 billion and the marginal propensity to consume is equal to 0.75. plot values for actual aggregate expenditure of $0, $200 billion, $400 billion, $600 billion, $800 billion, and $1,000 billion.
Y (in $ billions) are 0, 100, 200, 300, 400, 500 and AE (in $ bilions)= 500+0.75Y, 500, 575, 650, 725, 800, 875. By plotting this we get the aggregate expenditure line.
We start with a very simplistic model in which there is neither a government sector nor a foreign sector to demonstrate how the aggregate expenditures model functions. The results from this simplified model are then used to create a more realistic model. The simplified economy's equations are simpler to deal with, and we can easily extrapolate the findings of an analysis of a simplified economy to a more realistic one. We make the assumption that there are only two parts to aggregate expenditures: consumption and investment, in order to create a straightforward model. Real gross domestic product and real gross domestic income are interchangeable terms, as we discovered in the chapter on measuring total production and income. Without a government or international industry, gross.
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a-c
On June 1, Crane Company Ltd. borrows $44,000 from Acme Bank on a 6-month, $44,000, 6% note. The note matures on December 1. (a)-(c) Prepare a tabular summary to record the note issued on June 1. (b)
The journal entry recorded by Crane Company Ltd. on June 1 included a debit to the Notes Receivable account for $44,000 and a credit to the Cash account for $44,000.
What were the journal entries made by Crane Company Ltd. to record the note issued on June 1?
(a) On June 1, Crane Company Ltd. borrowed $44,000 from Acme Bank by issuing a 6-month, $44,000, 6% note.
(b) Tabular summary of the note issued on June 1:
| Date | Account | Debit ($) | Credit ($) |
|------------|----------------------|------------|-------------|
| June 1 | Notes Receivable | - | $44,000 |
| | Cash | $44,000 | - |
On June 1, Crane Company Ltd. borrowed $44,000 from Acme Bank and issued a note to formalize the debt. The company debited the Notes Receivable account for $44,000, representing the amount owed to Crane Company Ltd. by Acme Bank.
Simultaneously, the company credited the Cash account for $44,000, representing the cash received from the bank as a result of the loan. This transaction recognizes the increase in the company's assets (Notes Receivable) and the corresponding increase in cash.
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The chart shows a sample paycheck stub.
A 2-column table has 6 rows. The first column has entries Salary, Federal income tax, social security tax, medicare tax, state income tax, and net pay. The second column has entries 1106.45, 122.67, 68.60, 16.04, 10.33, and 888.81.
The chart shows that federal and state taxes are
added to employee pay.
withheld from employee pay.
refunded in employee pay.
filed through employee pay.
Answer:
withheld from employee pay.
Explanation:
The term withheld means that the employer deducts the taxes from the employee's pay when processing the payroll. By withholding, the money meant for taxes will not get to the employees' accounts.
The employee's gross pay is $1,106. 45. the next pay is $888.41. the employer must have made some deductions that have reduced the net pay to $888.41. These deductions are the tax amounts that have been withheld by the employer.
What is it called if a hacker takes down multiple services very quickly with the help of botnets?
This type of cyber attack is known as a distributed denial of service (DDoS) attack. A DDoS attack is a type of cyber attack where a hacker uses a network of computers or other devices, usually referred to as botnets, to quickly take down multiple services.
An attacker first compromises a large number of computers or devices and then uses them to send a large amount of traffic to the target. This will overwhelm the target, making it difficult or impossible for it to handle all the incoming traffic and eventually causing it to crash. DDoS attacks can be used to take down websites, disrupt services, or even gain access to confidential data.
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All employers in the U.S. Pay "payroll taxes" on behalf of employees. The Medicare portion of this is 1.45% of pay. If an employee makes $480 in a week, how much does the employer contribute for Medicare?
Answer: $6.96
Explanation:
Weekly earning = $480
Medicare tax rate = 1.45%
1.45% = (1.45/100) = 0.0145
Medicare contribution = Medicare tax rate × weekly earning
Medicare contribution = 0.0145 × $480 Medicare contribution = $6.96
The employees weekly contribution that is apportioned for Medicare is $6.96
Answer:
$7.10 USD
Explanation:
If the Employer is paying 1.48% of the employees paycheck to Medicare on their behalf then in order to calculate the actual amount we must first change the percentage into a decimal by dividing it by 100.
1.48 / 100 = 0.0148
Now that we have the percentage as a decimal we multiply it by the amount that the employee made that week, which in this case is $480
480 * 0.0148 = 7.104
Therefore we can see that $7.10 USD goes to medicate this week.
A firm's ________ describes how a firm will produce a superior return on invested capital. Question 9 options: A) market strategy B) competitive advantage C) value proposition D) revenue model
Answer:
D) revenue model
Explanation:
In business and finance, the revenue model refers to the way how a company plans to make profits, and the higher the profits, the better.
The revenue model of a company must include:
how the business will communicative and establish its value with its customers. Customers assign a value to the products and services that a business offers, and they will continue to purchase them as long as the value they perceive is larger than the price. how are company plans to price the value our customers assign to our products and services. If the customer value is higher than our price, customer surplus will result, but we will also be losing the opportunity to make money. Ideally, the price should equal the customer value.In Chapter 11, read the case study "Can Cars Drive Themselves–And Should They?" on pages 453–455 of the textbook. Then, address the prompts below.
Discuss some benefits and disadvantages of automated automobiles. Be sure to include a discussion of ethical and social issues presented by automated automobiles.
If you were the CEO of a major auto manufacturer, would you invest resources in the development and marketing of automated automobiles? Why, or why not?
Automated automobiles refer to driverless vehicles that can travel on roads autonomously. Automated automobiles are becoming more and more popular. They offer many benefits, including reduced congestion, fewer accidents, and less traffic. However, they also present many ethical and social concerns and drawbacks.
Some benefits of automated automobiles include improved safety, reduced congestion, and the ability to move more people on the same infrastructure.
Disadvantages of automated automobiles include ethical, legal, and social issues. For instance, there are concerns about who would be held liable in the event of an accident and how to protect people from hacking. There are also concerns about the impact of automation on the economy, such as job loss and a reduction in tax revenue for roads and bridges.
. Developing a strong safety culture will be critical, as will engaging with policymakers and regulators to ensure that the technology is well-understood and widely accepted. Ultimately, the benefits of automated automobiles are likely to outweigh the drawbacks, and the auto industry must move forward with the development of these vehicles.
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what is a perfect market?
Answer:
A Perfect market is
a market where the sellers of a product or service are free to compete fairly, and sellers and buyers have complete information: The internet has a big part to play in the creation of a perfect market. Compare. imperfect market.
Real Estate Question
A buyer is purchasing a property for $500,000. He has a down payment of $50,000 and is financing the rest. What's the amount of the loan origination fee if the lender charges one-and-a-half points? Please explain your work as well.
Answer Choices:
$5,000
$6,750
$750
$7,500
Answer:
Amount of the loan origination fee = $7,500
Explanation:
Given:
Purchase cost of house = $500,000
Down payment cost = $50,000
Lender charges point = 1.5 points[%]
Find:
Amount of the loan origination fee
Computation:
Amount of the loan origination fee = Purchase cost of house x Lender charges point
Amount of the loan origination fee = 500,000 x 1.5%
Amount of the loan origination fee = $7,500