a. If the interest on a note is $1,500, the interest rate is 5%, and the time is 90 days, what is the principal? (Assume 360 days in a year)

For Task 1, I have chosen to discuss the career of a Financial Advisor. To become a Financial Advisor, there are several required and optional certifications/licenses that can help advance your career and increase your credibility with clients.

For Task 2, the process of attaining a certification can vary depending on the specific certification/license. However, in general, the process typically involves completing educational requirements, passing an exam, and completing ongoing continuing education to maintain the certification.

For Task 3, I found a website that offers a practice test for the CFP certification. After taking the practice test, I found that there were areas where I need to improve my knowledge and understanding.

The most common required certification is the Series 7 license, which allows an individual to sell securities such as stocks, bonds, and mutual funds. Additionally, a Series 66 license is often required, which covers state securities regulations and ethical practices. Optional certifications include the Certified Financial Planner (CFP) designation, which requires a bachelor's degree, passing an exam, and completing ongoing education requirements.

Another optional certification is the Chartered Financial Analyst (CFA) designation, which requires passing a series of three exams and obtaining relevant work experience. For example, to obtain a Series 7 license, an individual must first be sponsored by a FINRA registered broker-dealer and complete a training program. Then, they must pass the Series 7 exam, which covers a broad range of financial topics.

Continuing education is required to maintain the license, with a focus on updates and changes in securities regulations and ethical practices. It was a helpful exercise in identifying my strengths and weaknesses and where I need to focus my study efforts. The practice test was a useful tool to assess my readiness for the actual exam and helped me gain a better understanding of the level of knowledge and skills required to become a Certified Financial Planner.

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The correct answer is d) All above statements are incorrect.

While an entrepreneur and a manager share some similarities in their roles within a business, they are not interchangeable terms. Each term represents a distinct role and set of responsibilities.

An entrepreneur is an individual who identifies opportunities, takes risks, and initiates the process of starting a new business venture. They are typically involved in the creation and development of the business idea, gathering resources, and making strategic decisions to bring the business concept to fruition.

On the other hand, a manager is responsible for overseeing and directing the day-to-day operations of a business. They focus on organizing resources, implementing plans, coordinating activities, and managing employees to achieve the organization's goals. Managers are typically appointed or hired to handle specific functions within an existing business.

Therefore, while an entrepreneur may start a small business, and a manager may be responsible for managing a small business, the terms "entrepreneur" and "manager" represent different roles and responsibilities within the business context.

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Answer: 1990

The OECD projects the US current account to be in deficit byUS$826 billion by 2006.1 In 1990 the US current account wasin surplus.

Explanation: signed, birb

Firstly, we need to calculate the depreciation expenses for the year before we will prepare the entry for the expense.

Depreciation Expense = [($15,000 - $1,000) / 10 years]

Depreciation Expense = $14,000 / 10 years

Depreciation Expense = $1,400 per year

Date                  Account titles                                         Debit       Credit

Dec 31, 2022    Depreciation Expenses-Equipment     $1,400

                             Accumulated Depreciation-Equipment            $1,470

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Based on the amount of merchandise sold to Bill Gomez and the sales tax percentage, the journal entry to record this sale would be:

Date                     Account title                                Debit                 Credit

XX-XX-XXXX      Accounts receivable                   $1,404

                           Sales revenue                                                      $1, 300

                           Sales tax liability                                                  $104

To make the journal entry, there is a need to first find the sales tax liability which is:

= Sales revenue x Sales tax rate

= 1, 300 x 8%
= $104

This sales tax amount would then be credited to the sales tax liability account because liabilities are credited when they increase. The sales revenue account will also be credited because revenue is credited when it increases.

Bill Gomez bought the merchandise on account which means that the Accounts receivable account will be debited because it is an asset. The amount that it will be debited by is:

= Sales revenue + sales tax

= 1, 300 + 104

= $1,304

The full question is:

Record the following in a journal:
Sold merchandise on account to Bill Gomez; issued Sales Slip 1015 for $1,300 plus 8 percent sales tax, terms n/30.

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Answer:

Its close to an 85% :)

The person that would suffer from inflation is coach Hirsh who invests in gold and later sees the value goes up by 7% year to year. Thus option C is correct.

Inflation is the general rise of prices and directly affects the economy of goods and services. As the general process of the currency rises there is a production in the purchasing capacity.

Inflation can be measured by the inflation rate which is the general price index. Thus Coach Hirsh will suffer most form the inflation due to his loss in investment as value goes up.

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Answer:

d. inefficiency because of the strict adherence to rules and regulations that makes it difficult to respond to new issues.

Explanation:

Yes! This sense of bureaucracy created within it another problem–inefficiency again due to strict adherence to rules and regulations.

According to Max Weber despite the advantages of having a bureaucratic structure in an organization, it also recognized created some negatives like inefficiencies because of the strict adherence to rules and regulations which makes it difficult to respond to new issues.

For example, an employee may have to pass through all the levels of authority in other to get a particular issue resolved. While doing so, he might yet encounter another new issue; with the first issue still pending review from top management, it makes it difficult to address the new issue.

Answer:

The answer is 7,000

Explanation:I got it right on Plato/edmentum

Answer:

There are a lot of ways in which a CA contributes in achieving economic blueprint. A CA is the person who certifies the balance sheets of companies, certifying the true and fair view of the same. He is a watchdog of the financial affairs of entities.

A CA is the person who conducts audits of entities for tax compliance, and reports the same to the Government, thus contributing to tax revenues of the government and contributing in national development.

A CA is the person who certifies that necessary taxes are paid before a sum of money is remitted out of the country, thus ensuring correcct tax payments at the right time.

At a macro level, the CA recommends Accounting Standards in the country, which are the framework within which, financial reporting is to be done, thus ensuring uniformity in the reporting, and helping the people of the country assimilate how the money is moving/has moved.

The CA regularly advises the Govt. on various matters of taxation with its recommendations, thus ensuring robust taxation framework in India. The ICAI also provides its recommendations on various matters relating to corporate affairs to the Govt.

The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.

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Profile 1: A person  who would gain from opening a credit card account.

Profile 2: Person who should not open a credit card account.

Profile 3: A person who could go either way on if opening a credit card account is a good idea right now or not.

Profile 1: Financial Situation: No credit history due to recent employment. Managing expenses well and building credit score is her goal. She'll use a credit card responsibly to build credit. Emily is financially stable and dependable with payments.

Profile 2:  Financial Situation: Past financial struggles. He has a history of financial problems. Don't open a credit card account now to avoid overspending. John should prioritize improving his financial habits, reducing debt, and establishing a stable foundation before getting a credit card.

Profile 3: Financial Situation: Stable job with consistent income. She has credit cards but struggles with balances. She needs to evaluate her spending habits and develop better financial discipline while acknowledging the benefits of a credit card. If Sarah can plan to pay off debt and control credit card use, opening an account is an option.

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Identification of main issues: The main issues facing Amazon are its lack of profitability despite its size and the ongoing debate about whether the company's long-term focus on expansion and research and development is sustainable.

Overview of the Case: The case of Amazon.com, Inc. focuses on the company's growth and expansion over the past 20 years since its initial public offering (IPO) in 1997. The case also highlights the innovative strategies that Amazon has used to set itself apart from its competitors, such as discounts, customer reviews, and technological features.

Proposed solutions: One solution to address Amazon's profitability issue is to focus on increasing profit margins by reducing expenses. Another solution could be to diversify its revenue streams by expanding into new markets such as healthcare, financial services, or transportation.

To address the sustainability of Amazon's long-term focus, the company could balance its investments in expansion and research and development with a greater emphasis on profitability.

To address concerns about antitrust issues and the impact on smaller retailers, Amazon could work with regulators to establish guidelines and regulations that promote fair competition in the e-commerce market.

Lastly, the Recommendation of most workable solution(s) and detailed reasons:

The most workable solution for Amazon is to diversify its revenue streams by expanding into new markets. This solution allows Amazon to leverage its existing strengths and expertise while reducing its reliance on e-commerce. For example, Amazon's acquisition of Whole Foods has allowed it to enter the grocery market and expand its physical presence. Similarly, Amazon's recent launch of Amazon Pharmacy allows it to enter the healthcare market and provide a new service to its customers.

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Answer:

Norovirus

Explanation:

Noroviruses are the number one source of foodborne disease. However, certain germs and chemicals could also contribute to foodborne diseases. Norovirus disease is also not connected to the influenza virus that is caused by it.  Also, the food poisoning arise from eating outside foods or we can say junk foods

Therefore according to the given scenario food poisoning is related to the norovirus. So, the correct option is Norovirus

.

Answer:

$ 9,304.99

Explanation:

The applicable formula is

A = P x (1 + r)^n

where A is the amount after 4 years

P is principal amount $8000

r is interest rate = 3.85% or 0.0385

n = number of periods: 4

A = $8000 x ( 1 + 0.0385) ^4

A = $8000 x (1.0385)^4

A = $8000 x 1.163123

A =$9,304.99

Employers should not be restricted from outsourcing work to foreign nations.

The  proposition are two economists chosen at random most likely to agree:  Employers should not be restricted from outsourcing work to foreign nations.

Outsourcing is known to be a kind of an agreement where a single firm tends to hires another firm to be solely responsible for a given planned or existing activity.

Note that  Outsourcing is seen as the a business practice where a firm  hires a third-party to carry out  functions  and as such, Employers should not be restricted from outsourcing work to foreign nations. The  proposition are two economists chosen at random most likely to agree:  Employers should not be restricted from outsourcing work to foreign nations.

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1. The preparation of the Income Statement for Bernick's Consulting is as follows:

Bernick's Consulting

For the Month Ended January 31, 20--

Consulting Fees               401                             $1,700

Wages Expense                511               1,400

Rent Expense                   521                 750

Phone Expense               525                   65

Utilities Expense              533                  115

Miscellaneous Expense  549                  40    $2,370

Net income                                                          $670

2. The preparation of the Owner's Equity for Bernick's Consulting is as follows:

Bernick's Consulting

As of January 31, 20--

Diane Bernick, Capital      311            $11,000

Diane Bernick, Drawing   312                (450)

Net loss                                                  (670)

Owner's equity                                 $9,880

3. The preparation of the Balance Sheet for Bernick's Consulting is as follows:

Bernick's Consulting

As of January 31, 20--

Cash                                   101             $9,730

Office Supplies                 142                  200

Office Equipment              181                1,300

Total assets                                        $11,230

Accounts Payable           202            $1,350

Owner's equity                                    9,880

Total liabilities and equity                $11,230

Bernick’s Consulting

January 31, 20--

ACCOUNT TITLE    ACCOUNT NO.    DEBIT    CREDIT

Cash                                   101             $9,730

Office Supplies                 142                  200

Office Equipment              181                1,300

Accounts Payable           202                              $1,350

Diane Bernick, Capital      311                              11,000

Diane Bernick, Drawing   312                 450

Consulting Fees               401                               1,700

Wages Expense                511               1,400

Rent Expense                   521                 750

Phone Expense               525                   65

Utilities Expense              533                  115

Miscellaneous Expense  549                  40

Totals                                                 14,050   14,050

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Answer:

In 2020, a company receives advance payments from its customers. The company will deliver the products in 2021. At the end of 2020, the company will ____1______ related to this transaction (enter 1, 2, 3, or 4 that represents the correct answer).

1. record a deferred tax asset

Explanation:

For having paid income tax in 2020 on the cash received for deferred revenue, the company will record a deferred tax asset.  This deferred tax asset will then be offset in 2021 when the sales revenue will be recorded according to the financial income accounting.  Deferred tax asset arises from the overpayment or advance payment of taxes.  The opposite of a deferred tax asset is called a deferred tax liability, representing income tax owed, which will be settled in the coming years.

An example of a market for a good or service that does not rely on a physical store or location is the online marketplace. With the advent of the internet and e-commerce platforms, businesses and individuals can sell products and services entirely online without the need for a brick-and-mortar store.

Online marketplaces, such as Amazon, eBay, and Alibaba, provide a platform where buyers and sellers can connect and conduct transactions electronically. These platforms enable businesses to showcase their products, provide detailed descriptions, and facilitate secure online payments. Customers can browse through a wide range of products, compare prices, read reviews, and make purchases from the comfort of their own homes.

The online marketplace has revolutionized various industries, including retail, entertainment, travel, and professional services. It allows businesses to reach a global customer base, operate 24/7, and reduce overhead costs associated with physical stores. Additionally, it provides convenience for consumers, who can shop anytime, anywhere, and have products delivered to their doorstep.

Overall, the online marketplace has transformed the way goods and services are bought and sold, offering a virtual alternative to traditional physical stores and locations.

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1. Paid Office Station Co. for part of the debt incurred on April 5, $1,200.

Debit: Accounts Payable - Office Station Co.$1,200

Credit: Cash $1,200

2. Provided services on account, $4,200.

Debit: Accounts Receivable $4,200

Credit: Service Revenue  $4,200

To pay off the remaining balance owing to Office Station Co., a debit is sent to the accounts payable account. To account for the cash outflow, the Cash account is credited. This journal entry records the settlement of a portion of the debt incurred on April 5 with Office Station Co.

The acknowledgment of revenue for services rendered to a client on the account is represented by this journal entry. To reflect the increase in the amount due by the client, the Accounts Receivable account is debited.

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The complete question is probably

Write journal entries

12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.​

Answer:

By mastering professional communication, the potential for misunderstandings occurring can be minimised. When you work in a team, you need to be able to regularly communicate with others. You need to listen to other people's ideas, whilst being able to clearly and effectively communicate your own.

Purposes:

The five purposes for communication are to inform, imagine, influence, meet social expectations and express feelings.

The purpose of professional communication is to convey information and ideas effectively and appropriately in a business or work setting, with the goal of achieving specific objectives and building positive relationships. It involves clear and concise expression, active listening, and the use of appropriate language and tone.

Professional communication is the exchange of information and ideas in a business or work setting, typically between colleagues, clients, customers, or other stakeholders.

It involves using appropriate language, tone, and nonverbal cues to convey messages effectively and achieve specific goals, such as building relationships, solving problems, making decisions, or completing tasks.

Professional communication can take many forms, including oral presentations, written reports, emails, memos, video conferences, and more, and it is an essential skill for success in many careers and industries.

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Answer:

Pexels or  Unsplash

Explanation:

Both of them are free to use and have a lot to offer.

also Shutterstock is a good site if you are looking for premium service.

Lending a fixed sum of money for later repayment is an example of an inflation risk.

This a classic example of an asset that is subject to inflationary risk because the money that is repaid may be worth significantly less than the money that was lent. The risk that inflation can pose to a portfolio over time is called Inflationary risk or also called purchasing power risk. the possibility that rising prices associated with inflation could outpace the returns delivered by your investments it is specifically, refers.

In simple words, when inflation will undermine an investment's returns through a decline in purchasing power risk is known as Inflationary risk. Bond payments payouts are generally based on fixed interest rates, meaning an increase in inflation diminishes their purchasing power and there are most at inflationary risk.

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Answer:

Explicit costs are out-of-pocket costs for a firm

for example, payments for wages and salaries, rent, or materials. Implicit costs are the opportunity cost of resources already owned by the firm and used in business

for example, expanding a factory onto land already owned.

Answer:

extreme hostility

Explanation:

im not ... not smart.

now come in the dining room so i can smack you rq.

:)

Answer:

Following are the summary of tools/documents that are used by lenders to pre-qualify their customers for a mortgage :

1. Tax returns, W-2s, and 1099s are examples of income as well as employment records.

2. Bank, pension, and brokerage accounts property declarations

3. Settlements on your obligations on a regular basis as well as any real estate debt statements.

4. Rent deposits, divorce, insolvency, and repossession records are all kept on file.

Answer:

breaking the laws that's one way to get arrested, if that's what you are asking lol

Answer:

Basically anything that interferes with the law or disturbs peace

Explanation:

1)hurt someone.

2)Spray paint.

3)Punch someone.

4)Fight with officer.

5)Get out of control at school.

6)Get in a fight.

7)Steal a car.

8)Sell drugs.

9)Hit a police car and drive off.

10)Threaten to hurt yourself.

etc

Answer:

$5,580

Explanation:

Straight line method charges a fixed amount of depreciation for each and every year the asset is in use in the business.

Depreciation expense = (Cost - Salvage Amount) ÷ Estimated useful life

therefore,

Depreciation expense = ($34,100 - $620) ÷ 6

                                      = $5,580

Using the straight-line method, the amount of one year's depreciation is  $5,580.

Answer:

This Question Isnt specifying if there is someone else involved with the Pressuring

Explanation: