For the year ended December 31, 2021, Fidelity Engineering reported pretax accounting income of $978,000. Selected information for 2021 from Fidelity’s records follows: Interest income on municipal governmental bonds $ 32,000 Depreciation claimed on the 2021 tax return in excess of depreciation on the income statement 58,000 Carrying amount of depreciable assets in excess of their tax basis at year-end 88,000 Warranty expense reported on the income statement 26,000 Actual warranty expenditures in 2021 10,000 Fidelity's income tax rate is 25%. At January 1, 2021, Fidelity's records indicated balances of zero and $7,500 in its deferred tax asset and deferred tax liability accounts, respectively. Required: 1. Determine the amounts necessary to record income taxes for 2021, and prepare the appropriate journal entry. 2. What is Fidelity’s 2021 net income?

Answer:

So whats the question???

Explanation:

E-procurement is the exchange of goods and services between businesses, consumers, and the government over the Internet and other information and networking platforms including enterprise resource planning and electronic data interchange.

benefits of the electronic procurement procedure.

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The option selected is GPS versus maps. It will be examined based on the factors of:

The GPS versus maps are:

Features: GPS devices have advanced features such as real-time traffic updates, voice-guided directions, and the ability to search for nearby businesses and points of interest. Maps, on the other hand, provide a static image of a location and do not have these advanced features.

Costs: GPS devices can be more expensive than maps, but they can also be more cost-effective in the long run as they provide real-time information and can save time and money on gas by providing the most efficient route.

Convenience: GPS devices are more convenient as they can provide real-time information and turn-by-turn directions, while maps can only show a static image of a location.

Ease of use: GPS devices are generally considered easier to use as they have a user-friendly interface and provide real-time information. Maps can be more difficult to read and interpret, especially for those who are not familiar with the area.

Value: GPS devices provide a greater value as they offer advanced features and real-time information, making them a more cost-effective and convenient option for navigation. Maps, while still useful, do not offer the same level of convenience and value.

In all, GPS devices are more advanced, convenient, and cost-effective than maps for navigation.

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Answer:

Payment for goods purchased should be vouched with the help of Creditors statement.

Hope this helps you. Do mark me as brainliest.

Answer:

The proper answer is Daily interest compounding is more expensive than monthly interest compounding. So, the best choice is (C).

In the fields of finance and economics, interest is the payment made at a set rate by a borrower or deposit-taking financial institution to a lender or depositor in excess of the principal amount (the amount borrowed).

It is not the same as a fee that the borrower might pay to the lender or another entity. It also differs from a dividend, which is money given to shareholders (owners) by a company from its profit or reserve, but not at a set rate predetermined in advance, but rather on a pro rata basis as a share of the reward received by risk-taking businesspeople when revenue is earned that exceeds all costs.

Hence, option (C) is accurate.

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Answer:

A

Explanation:

The feature which provides the capability of setting a form field at a desired location in a form and restricting its movement is form anchoring.

It is the first piece of information on which maximum number of people relies for taking their decisions.

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Answer:

Sales prospecting is one of the most essential elements of the whole sales process.

Some tips are;

The type of payment plan would be given to the customer is installment method where accounting is easier to record transaction.

To split payments there are various methods that are approached in the accounting process  are very helpful but the most helpful method is the installment method which make both debtor and creditor in a profitable relationship.

Installment method helps to record transactions with ease and remember the payment amount with each approached premium to be paid in the form of cash or credit.

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The theory of Adam Smith and Karl Marx leads to creation of a Modern mixed economies that include free market and active government regulation.

Adam Smith created the Capitalism economic system while Karl Marx created the socialism economic system.

Hence, the combination gave birth to Modern mixed economies that include free market principles as well as active government regulation.

Therefore, the Option A & D is correct.

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Uniform Commercial Code (UCC) are known to be rules governing business transactions. A contract for the sale of a business is not subject to UCC is a false statement.

The Uniform Commercial Code (UCC) is known to have a lot of different set of laws that helps in governing all commercial transactions in the United States.

They are not federal law, but are said to be uniformly adopted state law. It is regarded as the framework of American commerce.

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The problems faced by us with our former bosses should not be mentioned in a career portfolio. The correct option here is a.

A career portfolio is important for an individual who is seeking employment. It is the first impression that an individual creates while applying for a job. A portfolio which is much more detailed than a resume contains a collection of artefacts which showcases our skills, education and abilities.

A good portfolio can create a strong visual impact. But one must know what are the important things that should be included in the portfolio. Some of the things that an attention-grabbing portfolio contains are the summary of our career which should be mentioned in bullet points, percentages of our education and providing examples which are necessary for that particular job.

Other than that, objectives, short biography, communication skills, awards, projects and professional accomplishments, internships, samples of our previous work, certificates and references.

Updating our career portfolio once a year is necessary and helps us monitor our progress.

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Answer:

economic studies is about economic growth, strong labor market, sound fiscal and monetary policy.

Answer:

BEP : 500 units

Profits : R2000

Explanation:

BEP or break-even point = fixed costs/ contribution margin per unit.

Fixed costs = R2000

Contribution margin per unit = selling price - variable costs

Contribution margin per unit = R12- R8 =R4

BEP = 2000/4

BEP = 500 units

profits will be the units sold after BEP x contribution margin

=1000-500

=500

profits will be

=500 x 4

=2000

Explanation:

here is an explanation and solution to your question

For Euphoria:

The opportunity cost of producing a unit of rye in terms of jeans =20/5 = 4

for contente:

The opportunity cost of producing a unit of rye in terms of jeans = 16/8 = 2

opportunity cost of producing 1 unit of jean in terms of unit of rye:

for euphoria = 5/20 = 1/4

for contente = 8/16 = 1/2

1.

Euphoria's opportunity cost of producing a a bushel of rye is 4 pairs of jeans.

contentes opportunity cost of producing a bushel of rye is 2 pairs of jeans.

2.

contente has comparative advantage in producing rye

euphoria has comparative advantage in jeans production

3

contente produces 8 bushels of rye so with 4 million hours of labor = 8x4 = 32 million bushels in a week.

euphoria 20 pairs of jean in a week, using 4 million hours of labor. 20x4 = 80 pairs of jean a week

The four main types of planning are strategic, tactical, operational, and contingency planning. Organizations set their aims and objectives through the process of strategic planning.

Generally speaking, what does planning mean?

The process of planning is setting goals and objectives for a predetermined time frame, coming up with alternatives for the course of action to be taken, and eventually deciding on an appropriate path of action from the various options. The act of making plans is implied when a verb is used to express planning. To glide or fly without moving wings is to use the verb plan. The best way to recall the distinctions is to imagine that a plane is flying.

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The monthly payment for a 60-month truck loan is $341.90.

The monthly payment for a loan depends on the total loan amount, the interest rate, and the repayment period.

Calculate the monthly interest rate by dividing the APR by 12 months.

11% APR/12 months = 0.0092 monthly interest rate.

Calculate the total number of payments (N) by multiplying the number of years (60) by 12 months.

60 years x 12 months = 720 payments

Calculate the monthly payment by using the formula:

Monthly Payment = (Principal x Monthly Interest Rate) / (1 - (1 + Monthly Interest Rate)^(-N))

Monthly Payment = ($17,000 x 0.0092) / (1 - (1 + 0.0092)^(-720))

Monthly Payment = $341.90

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The following is filling the role of a consumer - A consumer is some-one who buys things, like at a super-market. Lets say someone purc-hased ice cream, they are a consumer.

A consumer also is call-ed the end user. The consumer is the one who pays some-thing to consume goods and ser-vices produced. As such, con-sumers play a vital role in the econ-omic system of a nation.

Without consumer dem-and, producers would lack one of the key motiv-ations to produce: to sell to consumers. Consumer is the per-son who uses the product and/or service.

Complete question -

Which of the following is filling the role of a consumer?

A. A consumer is some-one who buys things, like at a super-market.

B. Courtney orders chicken for her company picnic

C. Mario plays a computer game with his sister

D. Latoya buys software for her business start up

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Answer:

Small businesses contribute to local economies by bringing growth and innovation to the community in which the business is established. Small businesses also help stimulate economic growth by providing employment opportunities to people who may not be employable by larger corporations.

Explanation:

Out of the given answer choices, the interest rate that Amelia needs to earn to double her money in twelve years is 16.6 percent.

To find out how much interest Amelia needs to earn to double her money in twelve years, we need to use the compound interest formula.

This formula is used to determine the future value of an investment based on the principal, the interest rate, the number of compounding periods, and the time involved.
The formula is as follows: FV = PV x (1 + r/n)^(n*t)where FV = future value, PV = present value (the amount of money Amelia currently has), r = annual interest rate, n = number of times the interest is compounded per year, and t = time in years.

To double her money, Amelia needs to have a future value that is twice her present value. Therefore, we can set FV = 2PV and solve for r.

2PV = PV x (1 + r/n)^(n*t)Dividing both sides by PV, we get:2 = (1 + r/n)^(n*t)

Taking the natural logarithm of both sides, we get: ln(2) = ln[(1 + r/n)^(n*t)]

Using the power rule of logarithms, we can simplify the right side of the equation to ln(2) = (n*t) ln(1 + r/n)

Dividing both sides by (n*t), we get:ln(2) / (n*t) = ln(1 + r/n)

Finally, we can solve for r by raising both sides as the power of e: e^(ln(2) / (n*t)) = 1 + r/n

Subtracting 1 from both sides and multiplying by n, we get:r = n x (e^(ln(2) / (n*t)) - 1)

Plugging in the values given, we get:r = n x (e^(ln(2) / (n*12)) - 1)

We don't know the value of n, so we can try each of the answer choices to see which one gives us a value of r that works.

Using a financial calculator or a spreadsheet program like Excel, we can calculate the values of r for each interest rate.

Using 12 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0956 or 9.56 percent

Using 16.6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.1407 or 14.07 percent

Using 6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0488 or 4.88 percent

Using 10 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0794 or 7.94 percent

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We exhibit a fair sense of justice and acknowledge the individual rights of each community member in accordance with rights and freedoms. We will attempt to be transparent about all facets of the goods or services we provide, use only credible testimonials, and make truthful statements to our clients.

Before the vehicle hit the market, Ford was aware of the issue with the gasoline tank design. Another moral dilemma is the fact that Ford refused to issue a recall even after becoming aware of the rear-end crashes and the fatal explosions that could have been avoided. The first full recall wasn't started until June 1978.

A valid tool is cost-benefit analysis, which seeks to maximize profit at the lowest possible cost. To sacrifice human life in order to cover cheaper production costs is inexcusable, though.

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The order of presentation of activities on the statement of cash flows is Operating, Financing, and Investing.

The option (B) is correct.

Cash flows are classified and introduced into working exercises (either utilizing the 'immediate' or 'circuitous' technique), contributing exercises, or funding exercises, with the last two classes commonly introduced on a gross premise. as it shows whether the business has sufficient fluid money to put in now is the ideal time and invest in assets.

When creating your income statement, list incomes first. Then, at that point, drill down any costs your organization had during the period and take away the costs from your income. The lower part of your pay proclamation will let you know whether you have a net gain or shortfall for the period.

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Answer:

The answer to this question is given below in the explanation section.

Explanation:

The correct answer to this question is the price floor.

The Price floor is the lowest amount that is imposed by the government or group-imposed lowest price limit for a product or service. The government uses the price floor to keep prices at a certain level from going to low. So price floors for workers set by the government that the employer should not pay less than the set amount.

while other options are not correct because::

The price ceiling is the high amount set by the government or the by other groups for a product or service.

An incentive is an amount or something that can be given to employees or someone for motivation or encouraging them to do something.  

An elastic service is given by amazon to develop and run the application with different tools etc.

Answer:price floor

Explanation:

Answer:

C

Explanation:

This is the only toy listed.

Answer:

contact the lender's representative immediately before signing the documents.

Explanation:

The above is an example of Actual or Potential misrepresentation which falls under Code of Conduct 5.10. Once a notary signing agent notices that during the signing appointment, the information provided by the borrower differs from what is on the loan document, he should immediately report such false misrepresentation (potential or actual misrepresentation or falsehood known) witnessed by the NSA in connection with a transaction to the representative of the NSA.

By contacting the lender's representative, the purpose for obtaining the loan will be confirmed whether the property being financed is an investment property or for a primary residency otherwise the notary signing agent will be held responsible for any infraction if his signature is appended because he is expected to verify the authenticity of the information provided.

The buyer is most likely to be held to the terms of the contract in a shrink-wrap agreement where the contract terms are printed in a document that can only be read for the first time after the buyer opens a shrink-wrapped (sealed in plastic) box. option (c)

In general, there are two types of online contracts: browse-wrap agreements and click-wrap agreements. Browse-wrap agreements are typically terms of service or terms and conditions that can be accessed through a hyperlink on a webpage.

In browse-wrap agreements, the buyer is not required to actively agree to the terms of the contract before using the product or service. Click-wrap agreements, on the other hand, require the buyer to actively click on an "I agree" or "I accept" button before using the product or service.

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To achieve social and economic growth, entrepreneurial activity must be encouraged, driven, and compensated to the fullest extent possible.

"Entrepreneurial activities are essential to the development of society and the economy for the following reasons:

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The opportunity cost of going to college is the cost of tuition, any associated costs, and any income, experience, to add on to other college expenses.

What is opportunity cost?

The potential profit lost from a missed chance is referred to as the “opportunity cost” and is the result of selecting one option over another.

The opportunity cost of the college are tuition, room, books, foods, dress, footwear, and other expenses are also included. The opportunity cost is always increases.

As a result, the opportunity cost are to go to the college as tuition fees, books, rent on hostel, and food etc.

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If Dale teaches Terrence's daughter to play the guitar in exchange for Terrence tiling Dale's kitchen floor Option B.  both Dale and Terrence are made better off by trade.

In this scenario, Dale is a guitar teacher and Terrence is a tile layer. Dale teaches Terrence's daughter how to play the guitar in return for Terrence tiling Dale's kitchen floor. It is a classic example of trade and bartering. Dale, the guitar teacher, would have had to pay for tile installation if he hadn't bartered with Terrence, the tile layer. Terrence, on the other hand, would have had to pay for guitar lessons if he hadn't traded with Dale.

Both Dale and Terrence, therefore, benefit from the trade, and they are both better off as a result. Because Dale receives tile installation in exchange for teaching guitar lessons, and Terrence receives guitar lessons in exchange for tile installation, both benefit.

In conclusion, the answer is (b) both Dale and Terrence are made better off by trade. When both parties are better off after a trade, it is known as a mutually beneficial trade. Trade, in general, promotes mutual gains by allowing people to concentrate on what they do best and exchange their output with others for goods and services that they desire. Therefore, the correct option is B.

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An operating budget is a financial statement that outlines the organization's expenditures and revenues for a specific period.

The operating budget is typically for a fiscal year, which is usually twelve months. The future period for an operating budget is usually a fiscal year or less than a year. The operating budget is critical because it establishes guidelines for financial activities and operations in an organization. It provides a roadmap for financial plans for a short-term, future period, which typically begins on January 1st and ends on December 31st.

An organization creates an operating budget to aid in the allocation of resources and expenditures to achieve its objectives for a given period. A typical operating budget is for a fiscal year. A fiscal year is the period when an organization prepares its financial statements. It is usually 12 months, but it may be shorter or longer depending on the organization. An operating budget typically covers one fiscal year; however, it may be longer or shorter based on the organization's preferences.

The future period for an operating budget is frequently updated to reflect the company's current situation and financial standing. It takes into account the actual results of the previous period and the estimated expenditures and revenues for the upcoming year to develop the operating budget for a future period.

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