1 2 3 4 5 6 7 8 9 10 which describes the difference between a personal loan and a credit card? credit cards offer lump sums of money, while personal loans set a maximum amount a person can borrow. credit cards are secured loans for large amounts, while personal loans are unsecured for small purchases. personal loans offer lump sums of money, while credit cards set a maximum amount a person can borrow. personal loans are secured for small purchases, while credit cards are unsecured loans for large amounts.

Journal entries are those that are made at the beginning of the bookkeeping process. Once the entries have been put in the journal, ledger accounts are created for the next step in the process.

Each diary entry must have two accounts, one credit and one debit, in double-entry accounting. The number of additional accounts an accountant can include in a personal journal after the first two is unlimited.

The cash receipts journal, monthly bank journal, cash sales journal, and cash purchases journal are the four primary special journals. These unique journals were created because certain journal entries recur.

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The criteria of a floating charge, preferential unsecured creditors, remedies against the company, and remedies pursued by an unsecured creditor provide a framework for understanding the legal aspects related to debt and creditor rights.

(a) Three criteria of a floating charge as stated in the case of Re Yorkshire Wool Combers Association Limited are as follows:

1. The charge must be created to cover a fluctuating amount of indebtedness: A floating charge is designed to cover a changing and fluctuating amount of debt. It is not specific to a particular sum and can cover future obligations of the company.

2. The assets which are subject to the charge are changing assets which will continue to change from time to time: The assets covered by a floating charge are those that are subject to change and will continue to change over time. This includes assets such as inventory, receivables, and other movable property.

3. Until a date or an event on which the charge becomes a fixed charge, the company is free to use the assets to continue its business: Until the floating charge crystallizes into a fixed charge, the company has the freedom to use the assets covered by the charge in its normal course of business.

(b) The four categories of creditors considered in law to be preferential unsecured creditors are:

1. Employees: This includes the amount of wages owed to an employee for services rendered before the relevant date.

2. Income Tax and Rates: This includes the amount of income tax or rates payable by the company, which are due and unpaid at the relevant date, including any interest on the amount.

3. Trade union dues: This includes the amount of trade union subscription due for not more than six months.

4. Pension contributions: This includes the amount of the employer's contributions to an employee's occupational pension fund.

(c) Two remedies that may be pursued against the company by an unsecured creditor are as follows:

1. Winding up proceedings: An unsecured creditor can apply to the court to wind up the company if the company is unable to pay its debts as they fall due. This can result in the liquidation of the company's assets to repay the creditors.

2. Appointment of an administrative receiver: If the company is in default of a floating charge, and the floating charge has become a fixed charge, an unsecured creditor can appoint an administrative receiver. The receiver takes control of the company's assets covered by the charge to satisfy the creditor's claim.

(d) Two remedies that may be pursued by an unsecured creditor against the company are:

1. Administration Order: An unsecured creditor can seek an administration order from the court if the company is unable to pay its debts and requires a breathing space to restructure its business. This allows for the appointment of an administrator who manages the affairs of the company and aims to achieve the best outcome for all creditors.

2. Debt recovery: An unsecured creditor can initiate debt recovery proceedings against the company by suing the company in court. This involves seeking a judgment for the outstanding debt and enforcing it through various means, such as seizing assets or garnishing bank accounts.

In conclusion, the criteria of a floating charge, preferential unsecured creditors, remedies against the company, and remedies pursued by an unsecured creditor provide a framework for understanding the legal aspects related to debt and creditor rights.

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Answer:

left hand side; SALE

RIGHT HAND SIDE: 25000

Explanation:

This is because: Self-driving cars will be less expensive to build than current cars.

This term was coined by Joseph Schumpeter. The concept of creative destruction refers to the process of economic innovation, in which some products are replaced by others, or some firms die because they are driven out of the market by others, and so on.

When  a company produces a new good that makes the old ones already in the market obsolete, the company is said to be creatively destroying the old goods.

An classical example of creative destruction occurred when Steve Jobs introduced the Iphone in 2007.

Therefore, the emergence of self-driving cars is an example of ""creative destruction"" because self-driving cars will be less expensive to build than current cars

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Answer:

Employment allows you to provide for yourself and your family. With employment, you are likely to have your basic necessities covered, like food, utilities and housing.

Employment makes you feel useful in some way, makes you feel as a contributing member of society, a feeling that helps you increase your feelings of self-worth.

Finally, employment helps you plan ahead for the future. If the employment pays well, or if you manage to spend less than you earn, employment allows you to save money, which is the first step in building a personal equity.

The ways in which employment minimizes emotional stress include:

Employment refers to when members of the labor force have a job for which they receive some form of compensation.

The minimum average cost is 16,166.67/q according to Ed's construction company has the following short-run cost function: 19³ - 8q2² + 38q.

Given that, the short-run cost function of Ed's construction company is:19³ - 8q² + 38q, Let's find the Total Cost function from the given short-run cost function. We know that: Average Cost = Total Cost / Quantity (q)Total Cost = 19³ - 8q² + 38q Dividing both numerator and denominator by q, we get, Total Cost = (19³/q) - 8q + 38

Taking the first derivative with respect to q, we get (Total Cost)/dq = -19³/q² - 8 + 38 Equating the above equation to zero, we get-19³/q² + 30 = 0-19³/q² = -30q² = 19³/30 Substituting q² = 19³/30 in the Total Cost function, we get, Total Cost = (19³/q) - 8q + 38Total Cost = (19³ / √(30³) )- 8 (√(19³/30)) + 38On solving this, we get total Cost = 16,166.67Minimum Average cost = Total Cost / Quantity(q) Minimum Average cost = 16,166.67/answer: The minimum average cost is 16,166.67/q.

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According to the NCAA's 2014-15 report on revenue and expenses of Division I athletic departments, the correct answer is (c) 42.

This means that out of the 231 Division I athletic departments that were analyzed, 42 of them generated enough revenue to cover their overall athletic expenses. This is an increase from the previous year, where only 24 athletic departments were able to do so.

It is important to note that while these 42 athletic departments were able to generate a profit, the majority of Division I athletic departments still operate at a deficit. In fact, the median deficit for all Division I athletic departments in 2014-15 was $13.6 million.

There are many factors that contribute to an athletic department's ability to generate revenue, including the success of their athletic programs, the size of their fan base, and their location. Additionally, some athletic departments receive significant financial support from their universities or other sources, which can help offset expenses.

Overall, while it is encouraging to see an increase in the number of Division I athletic departments that are able to generate revenue, it is clear that many athletic departments still face significant financial challenges. The correct option is c) 42.

The complete question is:

How many NCAA Division I collegiate athletics departments generated revenue in excess of overall athletic expenses in 2014-15?

a. 20

b. 22

c. 42

d. 9

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Answer:

I notice two possible issues here:

First, focusing on selling only the base model might increase total sales volume but might not increase profits. Generally, premium models are more expensive and yield a higher contribution margin. I might be wrong here because there is no mention to contribution margins, but generally things work differently. E.g. car salespeople do not usually offer the base model first, they generally show the highest trims.  

Second, in countries like Japan, common goals for groups might work since the culture is much more collaborative between group members. But in the US, where performance and success is measured on a much more personal way, it might not work very well. It doesn't mean that team work is no good, but making the whole group responsible for reaching a certain sales goal is not adequate. Imagine that you manage to increase your sales by 15%, but since the total sales of the entire group didn't increase as much and didn't meet the stated goals. What will happen to you? Under normal conditions, increasing sales in such a way would probably result in a bonus besides higher sales commissions.

The purpose of establishing economic sanctions is to pressure a nation to change its policies.

Economic sanction refers to the states use economic pressure (trade and financial restrictions) against other states to create policy or behavioral change.

Various international bodies like UN, NATO uses economic sanctions against nations whose policy is against international agreeable standards.

Hence, the purpose of establishing economic sanctions is to pressure a nation to change its policies.

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Answer:

c

Explanation:

Answer:

The right answer is 541

Chinwe's Quarterly Payment of her upcoming year's tax liability will be as follows:

Payment Date  Payment     Tax Liability

April 15              $541          $1,623 ($2,164 - $541)

June 15              $541         $1,082 ($1,623 - $541)  

September 15   $541          $541 ($1,082 - $541)

January 15         $541             $0 ($541 - $541)

Data and Calculations:

Estimated liability for upcoming year = $2,164

Payment period = Quarterly or 4 times a year

Quarterly payments = $541 ($2,164/4)

Thus, Chinwe's quarterly payment is $541.

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In the United States, there are several states that allow customers to choose among multiple suppliers of electricity, rather than being served by only one provider. This is known as energy deregulation or energy choice.

One such state is Texas, which has a deregulated electricity market. This means that customers in Texas have the option to choose their electricity provider from a list of companies that are licensed by the state to sell electricity. These companies offer a variety of plans, including fixed-rate plans, variable-rate plans, and renewable energy plans.

Other states that have implemented some form of energy deregulation or customer choice include Illinois, New York, Ohio, and Pennsylvania. In these states, customers have the ability to compare prices and services from different electricity providers and choose the one that best meets their needs.

Energy deregulation can lead to increased competition among suppliers, which can lead to lower prices and better service for customers. However, it can also be a complex and confusing process for customers to navigate, and some critics argue that it may not always lead to the desired outcomes.

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Multiple-Product Break-Even and Target Profit is a tool used to determine the minimum quantity of sales required for a company to break even, as well as the number of sales required to achieve a specific target profit.

Vandenberg, Inc. produces and sells two products: a ceiling fan and a table fan. Vandenberg plans to sell 30,000 ceiling fans and 70,000 table fans in the coming year. Product price and cost information includes:Ceiling Fan Table FanPrice$60$15Unit variable cost$12$7Direct fixed cost$23,600$45,000Common fixed selling and administrative expenses total$85,000To determine the Break-even point, we need to first calculate the contribution margin.

The contribution margin is the amount of revenue generated by the company that can be used to pay the fixed cost and then profit.

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The addition of the present value of the amount paid at maturity to the annuity Present value of the annual coupon payments helps to derive the total bond value.

Calculation of the PV of bond's future interest payments known as cash flow and the bond's value upon maturity known as face value are components in Bond valuation.

Therefore, the answer is annuity PV because the addition of the present value of the amount paid at maturity to the annuity Present value of the annual coupon payments helps to derive the total bond value.

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Answer:

Recession cause standard monetary and fiscal effects.

Explanation:

Recession impact all kinds of business, large and small,due to tightening credit conditions, slower, demand, and general fear and uncertainty.

Ratio:

a) Return on equity %

b) Days in inventory

c) Days in accounts receivable

Account balance:

a) Net income

b) Inventory

c) Accounts receivable

Assertion:

a) Existence

b) Valuation

c) Completeness

Justification:

Ratio:

a) Return on equity %: Return on equity is a key profitability ratio that measures the company's ability to generate profits for shareholders. It is of interest to auditors as it provides insight into the effectiveness of the company's management team in generating profits. A lower than expected return on equity could indicate mismanagement or fraudulent activity.

b) Days in inventory: Days in inventory is a ratio that measures the average number of days it takes for inventory to be sold. It is of interest to auditors as it provides insight into the efficiency of the company's inventory management system. A high number of days in inventory could indicate that inventory is not being managed efficiently, leading to potential overstatement of inventory and understatement of cost of sales.

c) Days in accounts receivable: Days in accounts receivable is a ratio that measures the average number of days it takes for customers to pay their bills. It is of interest to auditors as it provides insight into the efficiency of the company's accounts receivable management system. A high number of days in accounts receivable could indicate that the company is not collecting receivables in a timely manner, leading to potential overstatement of accounts receivable and understatement of bad debts.

Account balance:

a) Net income: Net income is the primary measure of a company's profitability. It is at risk if the return on equity ratio is lower than expected, as it may indicate mismanagement or fraudulent activity.

b) Inventory: Inventory is a major component of cost of sales and is at risk if the days in inventory ratio is higher than expected, as it may indicate potential overstatement of inventory and understatement of cost of sales.

c) Accounts receivable: Accounts receivable represent amounts owed to the company by customers. They are at risk if the days in accounts receivable ratio is higher than expected, as it may indicate potential overstatement of accounts receivable and understatement of bad debts.

Assertion:

a) Existence: The existence assertion is at risk for net income if the return on equity ratio is lower than expected, as it may indicate mismanagement or fraudulent activity.

b) Valuation: The valuation assertion is at risk for inventory if the days in inventory ratio is higher than expected, as it may indicate potential overstatement of inventory and understatement of cost of sales.

c) Completeness: The completeness assertion is at risk for accounts receivable if the days in accounts receivable ratio is higher than expected, as it may indicate potential overstatement of accounts receivable and understatement of bad debts.

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Answer:

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Answer:

high Hourly wage

Explanation:

Answer:

D. a 401(k) plan

Explanation:

If the trial balance is out of balance and the accountant suspects that a transposition or slide error has occurred, the accountant can Determine the amount of the error and divide by nine. If the result is evenly divided, then this type of error is likely.

Determine the difference between the debit and credit totals of the trial balance. Divide the difference by 9. If the result is an integer, then the accountant is likely dealing with a transposition or slide error.

Compare the debit and credit amounts of each account in the trial balance to see if there are any pairs of numbers that differ by the integer that was calculated in step 2.

If the accountant finds a pair of numbers that differ by the integer, then they have found the transposition or slide error.

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After zappos.com identified the needs of its target customer segment, the two marketing actions the company required to fulfill the needs of its target customer are it offered a huge inventory of shoes and it offered quick deliveries, and free returns.

The term "target customer" (also known as "target consumer") refers to a person or a group of people to whom a business aims to sell its goods or services. Because they are the people who are most likely to purchase their products, businesses will prioritize resources to provide goods and services that are most suited for their target client.

A marketing strategy is a strategic plan for attaining a company's objectives through an understanding of client needs and the development of an identifiable, long-lasting competitive advantage. Everything is discussed, including choosing the methods to utilize to contact your customers and figuring out who they are.

Huge inventory levels in your warehouses typically indicate that your business is having trouble managing its stock and generating the right kind of sales.

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Answer:

I Believe its E but im not sure...

Explanation:

Sorry if im wrong hope this helps!!

False. In tax accounting, the difference between the sale price and the adjusted basis (not salvage value) of an asset is generally referred to as the capital gain or loss.

The adjusted basis takes into account factors such as the original purchase price, depreciation or amortization deductions, and any improvements or adjustments made to the asset. The salvage value, on the other hand, typically refers to an estimate of the residual or scrap value of an asset at the end of its useful life and is not directly related to determining capital gains or losses. The adjusted basis considers factors like purchase price, depreciation, improvements, and adjustments, while salvage value is an estimate of an asset's residual value at the end of its useful life.

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(a) Capacity of Counter Help = 180 customers/hour, Capacity of Fry Cook = 89 customers/hour, Capacity of Chicken Preparer = 200 customers/hour (b) Maximum number of customers per hour for milkshake = 0.00714 or 0.714%

(a) Resource capacity refers to the maximum amount of output that a particular set of resources can produce, whether that be machines, employees, or other inputs. Chick-fil-A restaurant's capacity of each resource is as follows: Capacity of Counter Help (hours):The cycle time for a customer to complete the transaction is calculated as 20 seconds per order. The total time available per hour is 60 minutes or 3600 seconds per hour. The total number of customers that can be served per hour is calculated as: 3600/20 = 180 customers per hour. Capacity of Fry Cook (pounds): The cycle time per batch of fries for the fry cook is calculated as 3 minutes per 2 pounds batch.

The total time available per hour is 60 minutes or 3600 seconds per hour. Each customer orders 1.33 pounds of fries on average. The number of customers that can be served per hour is calculated as: 3600/(3*60/2*1.33) = 89 customers per hour. Capacity of Chicken Preparer (pieces): The cycle time for a chicken sandwich is calculated as 10 seconds per sandwich. The cycle time for an order of chicken nuggets is calculated as 5 seconds per order. The total time available per hour is 60 minutes or 3600 seconds per hour. Each customer orders one sandwich or one order of chicken nuggets on average. The number of customers that can be served per hour is calculated as: (3600/(10+5)) = 200 customers per hour.

(b) Maximum number of customers per hour who can order a milkshake and still have the average throughput time within the 50 second limit can be calculated using the below formula; Maximum number of customers per hour= 1/(average time per customer) As we know, that average throughput time for a milkshake must be no more than 50 seconds to meet the 1.5 minute service standard. Thus the average time per customer is 50 + 90 (1.5-0.5).Thus the maximum number of customers per hour that can order a milkshake and still have the average throughput time within the 50 second limit is given as: Maximum number of customers per hour = 1/140Maximum number of customers per hour = 0.00714 or 0.714%.

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Loss-Sustained form of commercial crime insurance  henry's company insured.

The required details about commercial crime insurance is mentioned in below paragraph.

Insurance against business-related crimes, such as employee theft, forgery, robbery, and technological crime, protects against monetary damages. It is a kind of business insurance that offers protection for the company under the following types of policy: Employee dishonesty in Form A may be written as scheduled insurance or on a blanket insurance basis and covers money, securities, and other properties.

What are the commercial crime policy's exclusions?

The following things are not covered by commercial crime insurance: theft, misdemeanors, or other wrongdoing by you or your company partners. Additionally, it excludes any activities taken by personnel who colluded with one of your partners.

Thus, Henry company is insured under Loss-Sustained form.

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Answer:

B

Explanation:

Got it right on edg 2020

Sennett established his own business, the Keystone Company, in Los Angeles, California, in 1912. In that location, in 1914, he created Tillie's Punctured Romance, a full-length comedy starring Charlie Chaplin and Marie Dressler. True.

What possessed Mack Sennett notoriety?

The "King of Comedy" was a Canadian actor, director, and studio head by the name of Mack Sennett (born Michael Sinnott; January 17, 1880 – November 5, 1960). He began his career in movies with the New York City Biograph Company in 1880 and subsequently established Keystone Studios in Edendale, California, in 1912. He was born in Danville, Quebec. Sennett rose to fame as the creator of slapstick routines like pie-throwing and automobile chases, which were included in the Keystone Cops movies, and Keystone had the first fully enclosed cinema stage.

His Bathing Beauties, many of whom went on to have great acting careers, were featured in short films that he also produced.

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Answer: 1417

Explanation:

The information can be gotten from the question:

Principal = $200000

Rate = 8.5% = 0.085

Simple interest = PRT

= 200000 × (0.085/12) × 1

= 200000 × 0.0070833

= 1416.6667

= 1416.7

Answer:

Use a plunger

Explanation:

Answer:

True

Explanation:

For most people, almost two-thirds of each workday is taken up by work, and sleep is a true statement.

Statements are sentences that express a fact, idea, or opinion. Statements do not ask questions, make requests or give commands. They are also not utterances. Statements are sentences that express a fact, idea, or opinion. Statements do not ask questions, make requests or give speech acts. They are also not exclamations.

The term working day refers to the days in the working week, the span of (often five) days that are not the weekend, and when many people work. The word workday means the same thing as a working day

Therefore, By the above statement, for the t two-thirds of each work day is taken up by work and sleep is correct.

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Answer:

Taxes can be either direct or indirect. A direct tax is one that the taxpayer pays directly to the government. These taxes cannot be shifted to any other person or group. An indirect tax is one that can be passed on-or shifted-to another person or group by the person or business that owes it.

Explanation:

Answer:

see the pic hope it would be helpful.

Explanation: