On January 1, 1998, the reserve for discount on Debtors was $. 250. During 1998, discount allowed to debtors amounted to $. 150. The debtors on December 31, 1998, were $. 6.000. Make a provision of 5% debtors for discount. Show the Journal, Ledger and Balance Sheet.

Answers

Answer 1

Provision for Discount: $300. Debtors: $6,000. (No change to Discount Allowed and Reserve for Discount on Debtors mentioned).

To resolve the inquiry and give an extensive reaction, we should go through the vital stages to record the diary section, update the record, and set up the accounting report.

1) Diary Section: Date: January 1, 1998, Account Charge Credit no diary section required as it specifies the save for rebate on account holders toward the start of the year.

Date: December 31, 1998, Account Charge Credit.

Markdown Permitted $150

Arrangement for Markdown $300

Clarification: We charge the Rebate Permitted record to record the markdown given to debt holders during the year, and credit the Arrangement for Rebate record to build the arrangement sum.

2) Record, Rebate Permitted:

Date Portrayal Charge Credit Equilibrium Dec 31, 1998 To Arrangement $150. Arrangement for Rebate:

Date Portrayal Charge Credit Equilibrium, Dec 31, 1998 By Markdown Permitted $150 $300.

3) Monetary record:

As of December 31, 1998: Resources, Indebted individuals: $6,000 and Liabilities. Arrangement for Markdown: $300

Save for Rebate on Account holders: $250

The arrangement for markdown is determined as 5% of the debt holders' surplus, which adds up to $300. This arrangement is kept in the arrangement for rebate account and is displayed as a responsibility yet to be determined sheet. The hold for rebate on indebted individuals stays at $250 as referenced toward the start of the year.

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Related Questions

serta carpet how much are total variable costs if 2,200 yards of carpet are produced and sold in april?

Answers

If 2,200 yards of carpet are made and sold in April, the variable costs per unit are $17.00. The correct answer is option A.

To calculate the variable costs per unit, we need to determine the total variable costs and then divide it by the number of units produced and sold.

The variable costs in March were:

   Nylon thread used on carpet: $12,200    Scotch guard for carpet: $16,000    Jute backing to reinforce the carpet: $4,000    Glue used in the manufacturing process: $5,000    Production employee's wages: $7,000

The total variable costs in March are the sum of these costs:

$12,200 + $16,000 + $4,000 + $5,000 + $7,000 = $44,200

To calculate the variable costs per unit, we divide the total variable costs by the number of units produced and sold in March:

$44,200 / 2,600 yards = $17 per yard

Now, if 2,200 yards of carpet are produced and sold in April, we can calculate the variable costs per unit for April:

$17 per yard * 2,200 yards = $37,400

Dividing this total variable cost by the number of units produced and sold in April:

$37,400 / 2,200 yards = $17 per yard

Therefore, the variable costs per unit if 2,200 yards of carpet are produced and sold in April are $17.00 (Option A).

The complete question must be:

Serta Carpet, which manufactures carpet, incurred the following costs for March when 2,600 yards of carpet were produced and sold:$12,200 for nylon thread used on carpet$16,000 for scotch guard for carpet $4,000 for jute backing to reinforce the carpet $5,000 for glue to be used in the manufacturing process $21,000 for insurance (half for administrative activities, half for productionactivities) $7,000 for production employee’s wages $10,000 for rent (60% for the production facility, 40% for the administrativeoffices) How much are variable costs per unit if 2,200 yards of carpet are produced and sold inApril?A.$17.00B.$28.92C.$20.09D.$34.18

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Which describes the jobs of these three individuals?
O Prudence is a Special Education Teacher, Sangita is a Distance Learning Coordinator, and Edmond is
Psychologist
O Prudence is a Kindergarten Teacher, Sangita is a School Principal, and Edmond is an Educational Cou
O Prudence is a Pre-School Teacher, Sangita is a Regulator Affairs Specialist, and Edmond is a Guidance
Counselor,
O Prudence is a Tutor, Sangita is an Instructional Coordinator, and Edmond is an Instructional Designer.

Which describes the jobs of these three individuals?O Prudence is a Special Education Teacher, Sangita

Answers

Answer:

Answer is C

Explanation:

Answer: C - Prudence is a Pre-School Teacher, Sangita is a Regulator Affairs Specialist, and Edmond is a Guidance Counselor.

Explanation: good luck!

1. The central bank considers alternative ways of conducting monetary policy. The first is to keep the money supply constant (the interest rate adjusts endogenously). The second is to adjust the money supply so that the interest rate is constant. Using the ISLM model, show which of these policies is more effective as an income stabilization tool (Y): (a) when the economy experiences an exogenous shock to the market for goods and services, (b) when the economy experiences an exogenous money market shock (e.g. an increase in the sensitivity of money demand to changes in Y or an exogenous change in the price level in the economy). Illustrate both cases with an appropriate figure and comment on what changes in Y we can expect in each case depending on the monetary policy applied. What tools does the central bank have to change the size of the money supply in the economy?

Answers

The effectiveness of monetary policy depends on the specific nature and timing of the shocks and the responsiveness of money demand to changes in income.

In the ISLM model, the effectiveness of different monetary policy approaches in stabilizing income (Y) depends on how they respond to exogenous shocks in the market for goods and services or the money market. Let's analyze both cases:

(a) Exogenous shock to the market for goods and services:

When the economy experiences an exogenous shock to the market for goods and services, such as a decrease in aggregate demand, the IS curve shifts to the left. This results in a decrease in equilibrium income (Y) and a lower interest rate (r).

Keeping the money supply constant:

With a constant money supply, the LM curve remains fixed, and the interest rate adjusts endogenously to restore equilibrium. However, the decrease in income (Y) is not fully offset, leading to a contractionary effect on output.

Adjusting the money supply to keep the interest rate constant:

In this case, the central bank increases the money supply to counteract the decrease in aggregate demand. This shifts the LM curve to the right, increasing the equilibrium income (Y) and keeping the interest rate (r) constant. The increase in money supply stimulates investment and consumption, effectively stabilizing income.

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Corporate downsizing reduces the opportunities for home-based businesses. True/ False.

Answers

The statement "Corporate downsizing reduces the opportunities for home-based businesses" is False.

Corporate downsizing involves reducing the number of employees in a company, often to cut costs or improve efficiency. While it might seem that downsizing could lead to fewer opportunities for home-based businesses, the opposite is often true.

When companies downsize, they may outsource some tasks to independent contractors or small businesses, including home-based businesses, as a way to maintain productivity and reduce overhead costs. Furthermore, individuals who lose their jobs due to downsizing may start their own home-based businesses as an alternative source of income.

Therefore, corporate downsizing can actually create more opportunities for home-based businesses rather than reducing them.

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Your estimate of the market risk premium is 7%. The risk-free rate of return is 3.0% and General Motors has a beta of 1.3. According to the Capital Asset Pricing Model (CAPM), what is General Motor's expected return?

Answers

According to the Capital Asset Pricing Model (CAPM), General Motor's expected return is 9.6%.

What will be expected return?

The CAPM formula is:

Expected return = Risk-free rate + Beta x (Market risk premium)

Given:

Market risk premium = 7%

Risk-free rate = 3.0%

Beta = 1.3

Substituting these values in the formula, we get:

Expected return = 3.0% + 1.3 x 7%

Expected return = 3.0% + 9.1%

Expected return = 9.6%

Therefore, General Motor's expected return is 9.6% according to the CAPM.

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yall i just need like 4 sentances of information about retail technology!!!
FIRST ANSWER GETS BRAINLIEST!!

Answers

Answer:

Virtual and augmented reality offer retailers several ways to enhance the customer experience. From browsing products to virtually “trying them on,” extended reality is already in use by many retailers today the information technology investment in the retail sector has increased significantly. IT plays an important role in the management of complex retail operations. Market knowledge, as well as control of data and information is essential to obtain a competitive advantage in the retail sector.Retailers can now closely follow customer trends, helping them figure out which products are attracting customers the most. Technology aids retailers to competitively price their products, by doing research of other markets and their prices as well as their products.

Explanation:

Popularity increases a product’s

A. price

B. utility

C. life cycle

D. trial period

Answers

Answer:

life cycle

Explanation:

When a product has been popularized with adverts, people will know d product and will wanna try it out.Once this happens,the product will still be in existence prolonging the life cycle

The firm uses the periodic system and there are 20 units of the commodity on hand at the end of the year. What is the amount of the inventory at the end of the year according to the average cost method?

Answers

Answer: a. $1,380

Explanation:

Using average cost method, the price of all inventory is the same and this cost is calculated by dividing the total cost of the inventory by the total units.

= (5 * 61) + (15 * 63) + (10 * 74) + (10 * 77)

= 305 + 945 + 740 + 770

= $2,760

Average cost = 2,760/ (5 + 15 + 10 + 10)

= $69 per unit

Total units for the year = 5 + 15 + 10 + 10 = 40 units

Total units on hand = 20 units

Total sold = 40 - 20 units

Cost of goods sold = 20 * 69

= $1,380

Fixed expenses are expenses that do not change from month to month, and variable expenses
are expenses that can fluctuate from month to month. Complete the second column of the
chart by determining if each expense is fixed or variable. (10 points - 2 points each)

Answers

Housing expense is a fixed expense, Food expense is a variable expense, Insurance and medical expense are variable expenses, Entertainment expense is variable expense and Savings for retirement expense is also a variable expense.

What do you mean by the fixed expenses and variable expenses?

Fixed expenses are those expenses, which remain constant in each month. Some of the fixed expenses are monthly rent, insurance premium etc.

Variable expenses are those expenses, which can be changed. It is unpredictable such as repairs, medical expenses etc.

Fixed expenses generally remain the same each month.

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Which financial statement shows how much cash was paid for newly acquired property, plant and equipment when cash is used for part or all of the purchase?.

Answers

When cash is used for all or a portion of the transaction, the statement of cash flows shows how much was paid in cash for newly acquired property, plant, and equipment.The cash inflows and outflows for the time period covered by the statement are displayed in the cash flow statement (i.e., cash paid for newly acquired fixed assets).

What is a cash flow statement statement?By monitoring an organization's cash flow, a cash flow statement is a crucial tool for managing finances.This report is one of the three crucial ones that determine a company's performance, together with the income statement and the balance sheet. To assess the liquidity and solvency of the company, organizations should monitor and analyze three different types of cash flow: cash flow from operating operations, cash flow from investing activities, and cash flow from financing activities.The cash flow statement of a corporation includes all three. A company's strength, profitability, and long-term outlook can all be determined using a cash flow statement.The CFS can assist in figuring out whether a business has enough liquidity or cash to cover its costs.A CFS can be used by a business to forecast future cash flow, which is beneficial for budgeting purposes.The main goal of a cash flow statement is to offer pertinent data regarding an organization's cash flows over a specific time period under multiple headings, including operating, investing, and financing operations. Direct method: A list of incoming and outgoing cash flows is used to present operating cash flows.In essence, the direct method subtracts your expenses from your income.A reconciliation from profit to cash flow is shown for operating cash flows using the indirect approach.

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approach is when an organization accepts the environmental forces as uncontrollable, and a(n) _______ approach is when an organization tries to influence or shape the environmental forces.

Answers

Answer: Reactive

Explanation:

An approach is when an organization accepts the environmental forces as uncontrollable, and a reactive approach is when an organization tries to influence or shape the environmental forces.

What is a reactive business strategy?

Reactive business strategies are designed to quickly and effectively implement strategic plans for long-term success while responding to unanticipated changes or events. The reactive strategy only considers changing a course in the event of a crisis and is concentrated on maintaining control over current policies.

Without proper plans for how, what, when, and whom to report issues, the reactive approach only addresses problems as they arise or are encountered. A reactive approach is not a sufficient plan, and it is best avoided as a strategy.

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H&M limited has a project which is expected to have a payout of $65 million in 15 years. The discount rate H&M is using is r = 7%. However, this may have a relative error of up to 13%. What is the relative error in the present value of the payment? a. $3.99 million b. $3.01 million c. $4.87 million d. $2.15 million e. None of the above

Answers

The relative error in the present value of the payment is $4.87 million. Hence, option (C) is correct.

Explanation:

To calculate the present value of the payment, we can use the formula for present value:

PV = (Payout)/(1+r)nPV = 65 million/(1+7%)^15PV = 21.03 million

Now, we will calculate the relative error.

Relative error = Maximum error / Calculated valueMaximum error = Calculated value x Relative error in percentageMaximum error = 21.03 million x 13%

Maximum error = 2.734 millionRelative error = Maximum error / Calculated value

Relative error = 2.734 million / 21.03 million

Relative error = 0.13

The relative error in the present value of the payment is 13%.

After calculating, we find that the relative error in the present value of the payment is approximately $3.87 million. None of the given options match this value, so it seems there was a typographical error in the options. The closest value is $4.87 million.

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can someone answer me this please

can someone answer me this please

Answers

Answer:

Higher fixed costs and Deteriorating net cash flow postion

Explanation:

Gary Stevens and Mary James are production managers in the Consumer Electronics Division of General Electronics Company, which has several dozen plants scattered in locations throughout the world. Mary manages the plant located in Des Moines, Iowa, while Gary manages the plant in EI Segundo, California. Production managers are paid a salary and get an additional bonus equal to 5 % of their base salary if the entire division meets or exceeds its target profits for the year. The bonus is determined in March after the company's annual report has been prepared and issued to stockholders.
Shortly after the beginning of the new year, Mary received a phone call from Gary that went like this:
Gary: How's it going, Mary?
Mary: Fine, Gary. How's it going with you?
Gary: Great! I just got the preliminary profit figures for the division for last year and we are within 200,000 of making the year's target profits. All we have to do is pull a few strings, and we'll be over the top!
Mary: What do you mean?
Gary: Well, one thing that would be easy to change is your estimate of the percentage completion of your ending work in process inventories. Mary: I don't know if I can do that, Gary. Those percentage completion figures are supplied by Tom Winthrop, my lead supervisor, who I have always trusted to provide us with good estimates. Besides, I have already sent the percentage completion figures to corporate headquarters.
Gary: You can always tell them there was a mistake. Think about it, Mary. All of us managers are doing as much as we can to pull this bonus out of the hat. You may not want the bonus check, but the rest of us sure could use it.
The final processing department in Mary's production facility began the year with no work in process inventories. During the year, 210,000 units were transferred in from the prior processing department and 200,000 units were completed and sold. Costs transferred in from the prior department totaled 39,375,000. No materials are added in the final processing department. A total of 20,807,500 of conversion cost was incurred in the final processing department during the year.Required:
(b) Does Gary Stevens want the estimated percentage completion to be increased or decreased? Explain why.

Answers

The percentage of completion of work in prepare stock is an appraise of the inventory's completion relative to the complete generation process. Rate of completion is one of the bookkeeping estimates that are helpless to subjective inclinations. The rate of completion incorporates a critical salary on the money related articulations

Gary Stevens wants the expected percentage completion to be escalated(increased) because he wants to get additional bonus which is paid at the rate of 5% of the basic pay. That is why he wants Mary to manipulate the figures to get the additional bonus.Gary Stevens desparately wants the margin to grow. To increase the margins, he has to lessen the cost of goods sold.In process of lessen the cost of goods sold, he has to improve the equivalent production. And if one wants to increase the production equivalent figures, then there will be more calculated percentage completion finished work in process.

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Chef’s apron gas money food movies
Culinary knives car insurance electric bill dining out


Which label belongs over column D

Answers

Answer:I believe the answer is D. "want"

Explanation:

Answer:

cost

Explanation:

The best way to determine whether someone may be lying is to look for:Select one: a. inconsistencies in nonverbal cuesb. rapid speech ratec. stuttering or stammeringd. rapid eye movement

Answers

When it comes to detecting lies, there are several factors that one should consider. While many people believe that nonverbal cues are the best indicators of deception, recent studies have shown that relying solely on nonverbal cues may not be the most reliable way to detect lies. Instead, researchers suggest that a combination of verbal and nonverbal cues may be more effective in detecting deception. So, Option A,B,C,D are correct.

One way to determine whether someone may be lying is to look for inconsistencies in their story or their behavior. For example, if someone claims to have been at work all day but their clothes are dirty as though they have been doing physical labor, this may be an indication that they are lying.
Another indicator of deception is a rapid speech rate. People who are lying may speak quickly in an effort to get their story out before they are caught. They may also hesitate or stumble over their words as they struggle to come up with a believable story.
Stuttering or stammering can also be a sign that someone is lying. When people are lying, they may experience anxiety or nervousness, which can cause them to stumble over their words or repeat certain phrases.
Finally, rapid eye movement can also be an indicator of deception. People who are lying may avoid eye contact or blink more frequently than usual in an effort to avoid detection.
In conclusion, while nonverbal cues can be helpful in detecting lies, it is important to also consider verbal cues and inconsistencies in behavior or story. By paying attention to these various indicators, you may be better able to determine whether someone is being truthful or not. So, Option A,B,C,D are correct.

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hi.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,,.,.,.,.,.,;]

Answers

Answer:

Hellllllllllllllllllllllllllllllllllllo

Explanation:

huiiiuuuuuuiiiiiiiii

On 1/1/2020, Studebaker Corp. had an Accounts Receivable balance of $500,000 and an Allowance for Doubtful Accounts balance of $30,000. During 2020, Studebaker made credit sales of $4,000,000 and cash collections of $4,100,000. Also during 2020, Studebaker wrote off uncollectible accounts receivable totaling $28,000. Based on an aging schedule, uncollectible amounts are estimated to total $35,000 as of 12/31/2020. Studebaker uses the Aging Schedule approach to recording bad debt expense. The adjusting journal entry to record Bad Debt Expense for 2020 includes a debit to Bad Debt Expense of

Answers

Answer:

Bad Debt expense $28,000.

Explanation:

Bad debts are the noncollectable amount of receivables which are not recovered. Companies usually maintain an allowance for uncollected receivables as doubtful debts or bad debts. The expense is recorded when there is no hope left for collection of these debts. Studebaker has estimated its bad debts to be 38,000 but it wrote off $28,000 which is the actual expense.

7) Mr. Smith acquired a property consisting of one acre of land and a two-story building five years ago for $100,000. He also obtained an $80,000 mortgage loan from ACE Bank to provide financing to complete the purchase. This year, Mr. Smith constructed another building on the property with his own funds at a cost of $20,000. Mr. Smith has decided after completing the building to approach Duce Bank to borrow against his property with a $16,000 second mortgage. Is Duce Bank likely to provide the $16,000 in financing

Answers

Answer:

hey sorry i just want points YOSHII :3

Explanation:

Apart from providing $16,000 in the financing, the other option that can be considered by Mr. Smith is that after using the property clause, the thing that can be done with the $80,000 first lien under the terms of the first mortgage, the lender has a first lien on any modifications made to the property used to secure the mortgage loan.

What is a mortgage loan?

A mortgage loan is a kind of secured loan. After applying for a mortgage loan, one can get the funds in exchange for immovable assets like a house or a commercial property that provides security for the lender.

In the case of Mr.Smith, as per the provisions contained in the existing mortgage document, there is a bank name ABC bank that would most probably be the first lien on the new building constructed by Mr. Smith.

Therefore, an approach has been made by Mr. Smith to Duce Bank before constructing a new building on land which served as security for the initial mortgage loan.

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The complete question is attached in text form:

Mr. Smith acquired a property consisting of one acre of land and a two-story building five years ago for $100,000. He also obtained an $80,000 mortgage loan from ACE Bank to provide financing to complete the purchase. This year, Mr. Smith constructed another building on the property with his own funds at a cost of $20,000. Mr. Smith has decided after completing the building to approach Duce Bank to borrow and mortgage the new building with a $16,000 loan. Is Duce Bank likely to provide the $16,000 in financing? What other options may Mr. Smith have to consider?

Cadillac is preparing to build a new assembly plant in the united states. Although it would be slightly cheaper to build cars in michigan, the company decides to place the factory in louisiana, which is closer to the region where the cars are in greater demand. The overall result is faster delivery on average and lower delivery costs. Cadillac is responding to what environmental trend?.

Answers

The U.S. population is shifting to the Sunbelt; Lecture page 31. A) One of the geographic demographic trends in the United States has been migration into the Sun Belt. Building a plant in Louisiana, which is in the Sun Belt, would greatly reduce transportation costs, compared to a plant in Michigan. B) The fact that more baby boomers live in the Midwest is irrelevant; the question states that demand is greater in the region close to Louisiana. C) Cultural diversity is not a factor in Cadillac's decision. They are basing their decision on where the demand is greater. D) Just-In-Time inventory is not an environmental trend. It is an inventory delivery process that can be controlled by the company. E) While this is an environmental trend, it has nothing to do with where Cadillac decides to build its new plant.

Environmental geography is the study of how human beings engage with the bodily environment and what effect each has on the alternative. This look can be described as a combination of human and physical geography, with an emphasis on the connection between those branches of geography.

Environmental geography gives you the gear to develop sustainable answers to environmental issues. For an instance, you will learn about the effect of weather trade on biodiversity, the effect of people on environmental sources, and plenty more.

Geo-ecosystem or honestly atmosphere as examine the unit. The functioning of environments such as flow of strength and depend and environment productivity. Temporal adjustments in atmosphere Spatial ecological modifications international environmental hassle. Environmental dangers failures.

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your network is the only resource you need when planning an event true or false please help

Answers

Answer:

False

Explanation:

It makes common sense to use different resources. :)








Question 1 (20 marks) What is the influence of growth on the development of a country? Give some examples.

Answers

Economic growth, which refers to an increase in a country's production of goods and services over time, can have several positive impacts on development.

Some of the influences of growth on the development of a country include:

1. Increased employment opportunities: Economic growth often leads to the expansion of industries, resulting in more job opportunities for the population. This helps to reduce unemployment rates and improve living standards.

2. Poverty reduction: With sustained economic growth, there is a higher likelihood of poverty reduction. As incomes rise and job opportunities increase, more individuals and households can escape poverty and improve their standard of living.

3. Infrastructure development: Economic growth often necessitates the development of infrastructure such as roads, bridges, ports, and telecommunications networks.

4. Enhanced access to education and healthcare: Economic growth generates additional resources that can be allocated towards social sectors such as education and healthcare.

5. Technological advancements: Growth can stimulate innovation and technological advancements, leading to increased productivity and efficiency.

Examples of countries that have experienced significant growth and development include:

- South Korea: Through sustained economic growth, South Korea transformed from a war-torn country to a developed nation. It focused on industries such as electronics, automobile manufacturing, and shipbuilding, which propelled its economic development and raised living standards.

- China: Over the past few decades, China has achieved remarkable economic growth, lifting millions of people out of poverty. It has become a global manufacturing hub and has invested heavily in infrastructure development, education, and healthcare.

- Singapore: With limited natural resources, Singapore focused on building a knowledge-based economy driven by innovation and high-value industries.

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Every morning, the pupils ………………….. in the hall to listen to the Principal.
1) crowded 2) paraded 3) gathered 4) assembled

Answers

Answer:

assembled

Explanation:

hope it helps you mark as brainlist

This image of the coronation of Elizabeth II represents what I learned about monarchies because….

Answers

The image of the coronation of Queen Elizabeth II represents what I have learned about monarchies because it showcases the traditional and ceremonial aspects of a monarchical system of government.

Monarchies are forms of governance where a single individual, typically a king or queen, holds supreme power and inherits the position through hereditary means. The coronation ceremony is a significant event that symbolizes the formal ascension of a monarch to the throne.

Firstly, the image highlights the concept of legitimacy and continuity in monarchies. The coronation ceremony signifies the seamless transfer of power from one monarch to the next, based on the principle of hereditary succession. It reflects the belief that the monarch's authority derives from a divine or ancestral right, which has been upheld throughout history.

Secondly, the image demonstrates the ceremonial role of monarchs in society. Monarchs often serve as the symbolic figureheads of their nations, representing unity, tradition, and national identity. The coronation ceremony is a grand spectacle that showcases the monarch's role as the embodiment of the state and its history.

Furthermore, the image reveals the close connection between monarchies and tradition. Monarchies are often deeply rooted in centuries-old customs and rituals, which are preserved and celebrated during significant events like a coronation. These traditions contribute to the sense of continuity and stability associated with monarchies.

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which of these statements, if true, would help you conclude that there is indeed a cause-and-effect relationship between the vaccine and autism in children?

Answers

The correct answer is It will explain the rationale for utilising cost-benefit analysis to guide decision-making.

Economic agents are those who participate in the capital markets and the overall economy as consumers, producers, or influences. The four main economic actors are governments, businesses, households/individuals, and central banks. Governments and central banks are grouped together by some economists. People who study economics are better able to comprehend their surroundings. It makes it possible for people to comprehend other people, organisations, markets, and governments, enabling them to better react to the challenges and possibilities that arise as circumstances change. Economics is the study of scarcity and how it affects how resources are used, how commodities and services are produced, how production and welfare increase over time, and a wide range of other complicated concerns that are extremely important to society.

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Terry took out a mortgage loan for $60,000 at an interest rate of 11% for 25 years. If Terry had not had a bankruptcy
on her credit report, her payments could have been $424.07 per month. How much is Terry paying in additional
interest over the life of the loan?
a. $49.200.00
b. $2,272.36
c. $163.00
d. $56,809.00

Answers

Answer: A. 49,200

Explanation: Took test on Edge

Based on the fact that Terry had a bankruptcy, the additional interest she will pay over the life of the loan is a. $49,000

What is the current monthly amount Terry pays?

This can be found by the formula:

Loan amount = Amount paid x ( 1 - ( 1 + rate) ^-number of periods) / rate

Rate is:                                                             Number of periods

= 11% / 12 months                                              = 25 x 12

= 11/12%                                                             = 300 months

Amount is:

60,000 = Amount x ( 1 - ( 1 + 11/12%)⁻³⁰⁰) / 11/12%

60,000 = Amount x 102.029043745

Amount = 60,000 / 102.029043745

= $588.07

What is the additional interest Terry will pay?

= (Amount Terry pays now - Amount Terry would have paid) x 300 months

= (588.07 - 424.07) x 300

= $49,200

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A media buyer places an ad for a new range of wines in four different magazines. The first magazine provides roughly 3,600,000 exposures, the second magazine provides about 950,000 exposures, and the third and fourth provide 100,000 exposures each. The buyer now can inform the client at the winery of ___________ expected for the ad, that is, 4,750,000 exposures.

Answers

Answer:

Gross impressions

Explanation:

It sum up the total number of the audience (impressions) that the new range of wines reaches.

__________ is an ethical concern involving behaviorally targeted ads that follow online users even as they move to other websites.

Answers

Online tracking is an ethical concern involving behaviorally targeted ads that follow online users even as they move to other websites. Advertisers get benefited from this in terms of effectiveness of the campaign.

The use of ads that follow users online as they visit and switch between different websites raises ethical questions about online tracking. Cookies and web beacons are the types of tracking tools that are used to track how the internet is being used and find out what the users like and dislike.

Users raise questions about privacy and surveillance even though these ads may target a very limited group of people. Users are unaware of how their information is used or shared. They can be afraid and worried about being tracked and watched. Whether online tracking is an appropriate way to use personal information has become a matter of debate.

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what is the name of an investment company that raises funds from investors, pools the money, and invests in stocks or bonds? a) stockbrokerage firm b) bond brokerage firm c) mutual fund firm d) securities fund firm

Answers

The name of an investment company that raises funds from investors, pools the money, and invests in stocks or bonds is mutual fund firm, option (c) is correct.

A mutual fund firm is an investment company that raises funds from multiple investors by selling shares, pools the money together, and invests in various securities such as stocks, bonds, or other assets. The pooled funds are diversified across a range of securities, which helps to spread the risk.

Investors in mutual funds own shares in the fund rather than owning the underlying securities directly. Mutual funds offer individuals with limited capital an opportunity to access a diversified portfolio and professional management, making them a popular investment choice for many individuals seeking exposure to the stock or bond markets, option (c) is correct.

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Why do many companies find that providing employees a comprehensive benefits package that includes insurance, retirement investment and other benefits is worth the cost associated with these benefit packages?
Providing a strong benefits package reduces some of the stress most of us feel when it comes to paying for medical care, having enough money for retirement and other employer-sponsored benefits.
1. Few employers believe that offering employee benefits is a worthwhile or cost-effective strategy for attracting and retaining the best employees.
2. When employees use the company medical benefits package, they are forced to go to doctors and health providers selected by the company for their low-cost services.
3. When the employer offers health benefits but not accrued vacation hours, employees find that their health care options actually serve as vacation time as well.

Answers

Answer:

1. Few employers believe that offering employee benefits is a worthwhile or cost-effective strategy for attracting and retaining the best employees

Explanation:

Benefits or perks are added compensations alongside salaries and wages. They may be in monetary or non-monetary form. Most employers offer medical insurance, bonuses, overtime pay, shares purchasing schemes, allowances, vacations, and education fee programs as benefits to employees.

Benefits are a cost to employers. However, employers still find it appropriate to offer them to their employees. Benefits serve to attract and retain the best workers in the industry. Retaining the best workers increases productivity and boosts profits. It saves the company the costs associated with frequent recruiting and training of new workers.

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