QUESTION 57
Note: This question may have more than one correct answer. Select all which apply. Incorrect answers will be penalized.
Which of the following statements are True about the Securities Exchange Act of 1934?
a. It requires initial disclosures from issuers of securities.
b. It regulates short-swing profits in order to stop speculative insider trading.
c. Rule 10b-5 of the Securities And Exchange Act of 1934 applies to securities that do not have to be registered.
d. It is a blue-sky law.
QUESTION 58
Note: This question may have more than one correct answer. Select all which apply. Incorrect answers will be penalized.
Title VII of the Civil Rights Act of 1964 precludes discrimination against which of the following persons:
a. persons with physical disabilities
b. people over the age 40
c. persons who were not born in the USA
d. lesbian persons
QUESTION 59
Note: This question may have more than one correct answer. Select all which apply. Incorrect answers will be penalized.
The Fair Labor Standards Act (FLSA):
a. applies only to employers with 15 or more employees.
b. requires employers to pay employees a minimum wage.
c. allows employers to exempt certain categories of workers from the overtime pay requirements.
d. absolutely prohibits the employment of children under the age of 14.
QUESTION 60
Note: This question may have more than one correct answer. Select all which apply. Incorrect answers will be penalized.
When will a court pierce the corporate veil?
a. When there is domination of the corporation by one or more of its shareholders
b. Whenever there a single-shareholder-owned or closely held corporation which did not file an annual statement with the Secretary of State.
c. When there may have been a defect in the incorporation process.
d. When the domination of the corporation results in an improper purpose
QUESTION 61
Note: This question may have more than one correct answer. Select all which apply. Incorrect answers will be penalized.
Which factors are required for the formation of an LLC?
a. Annual reports should be filed with the Secretary of State.
b. It must be set up so that it can be easily dissolved.
c. The name of the LLC must include the words "limited liability company" or some other clear indication of the limited liability feature.
d. Articles must be filed with the Secretary of State.

Answers

Answer 1

For the Securities Exchange Act of 1934, the true statements are: a. It requires initial disclosures from issuers of securities. b. It regulates short-swing profits in order to stop speculative insider trading. c. Rule 10b-5 of the Securities And Exchange Act of 1934 applies to securities that do not have to be registered.

Title VII of the Civil Rights Act of 1964 precludes discrimination against the following persons: a. Persons with physical disabilities b. People over the age of 40

The Fair Labor Standards Act (FLSA) entails the following:

b. Requires employers to pay employees a minimum wage.

c. Allows employers to exempt certain categories of workers from the overtime pay requirements.

Regarding piercing the corporate veil, the following conditions may lead to it: a. When there is domination of the corporation by one or more of its shareholders. c. When there may have been a defect in the incorporation process. d. When the domination of the corporation results in an improper purpose.

The factors required for the formation of an LLC are:

c. The name of the LLC must include the words "limited liability company" or some other clear indication of the limited liability feature.

d. Articles must be filed with the Secretary of State.

To learn more about Securities click here; brainly.com/question/29737854

#SPJ11


Related Questions

Your Objective line should be the same for every application
O True
False

Answers

Answer: False

Explanation:

It depends on the type of work, the objective line must change since each company pursues different things and although it is true that the person who applies can look for something similar in each of them, the position they get may not correspond to what she aims. It is important to align the objective with the position and this is done depending on the company.

Price $
190
|↑
110
89
A
D
$2
S1
Q millions of barrels
www.economicshelp org
What is the new equilibrium price for this product after the supply curve shift?
O 110
O 190
08

Price $190|11089AD$2S1Q millions of barrelswww.economicshelp orgWhat is the new equilibrium price for

Answers

A price is the quantity of payment or compensation given by one party to another in return for goods or services.

What is the meaning of Price?

A price is the sum of money that one party pays or receives in exchange for another's goods or services. The cost of production may go by another name in some circumstances. If a product is classified as a "good" in a commercial exchange, its price is most likely to be referred to as such.

Price simply refers to the value you fork out to get goods or services. It is not the same as the word cost. Cost is the total sum of the inputs used to produce a good, while value is the amount that goods or services are worth to the buyer.

Learn more about the Price heere:

https://brainly.com/question/8179312

#SPJ1

a broker developed a website to advertise the broker's office with the brokerage's name, location, and phone number. what additional information does the broker need to include?

Answers

Since the broker already add the brokerage's name, location, and phone number on the website to advertise the broker's office; then no need for any additional disclosures. The correct answer is option D.

What is a broker?

A broker is an individual or firm that acts as an intermediary between a buyer and a seller; or between an investor and a securities exchange, who buys and sells goods or assets for others. A broker can also refer to the role of a firm when it acts as an agent for a customer and charges the customer a commission for its services.

There are 3 types of brokers, those are: Online brokers, a new form of digital investment which interacts with the customer on the internet; Discount brokers, a stockbroker who performs buy and sell orders at a reduced commission rate; and Full-service brokers.

Although part of your question is missing, you might be referring to this full question: A broker developed a website to advertise the broker's office with the brokerage's name, location, and phone number. What additional information does the broker need to include?

A. Name and address of the home office and the states in which the brokerage holds licenses

B. License number of the brokerage and list of current active licensees

C. Names of active licensees, addresses, and phone numbers

D. No need for any additional disclosures

Learn more about broker at: https://brainly.com/question/14455739

#SPJ4

Heartland Health Systems, which employs 20,000 people in facilities in Chicago, St. Louis, Topeka, and Indianapolis, has suffered from poor management for years. As a result, employees are demoralized, and the workplace culture has become increasingly toxic. The board of directors makes the decision to fire many of the top executives and brings in a new CEO, Bashir. An independent polling company conducts employee surveys across all branches, revealing that Heartland employees rank feeling undervalued and underappreciated among their biggest complaints. Bashir decides to implement a radical approach at all levels of management that will help managers relate to and serve their employees. Which of the following is Bashir most likely to do?

Answers

Answer: engage in active listening so that he can understand employees' needs

Explanation:

From the question, we are informed that Heartland Health Systems has suffered from poor management for years and as a result, the employees are demoralized, and the workplace culture has become increasingly toxic.

The most likely thing for Bashir to do is to engage in active listening so that he can understand employees' needs. When this is done, he will be able to Kno what the workers want and then can improve their morales and together achieve the organizational goals.

how to calculate cost of goods

Answers

To calculate the cost of goods, you need to add up all the direct costs incurred in producing the goods.

These direct costs can include:

Materials: This includes the cost of all the raw materials used to produce the goods, including any components, packaging, and shipping materials.

Labor: This includes the wages and benefits paid to all the workers involved in producing the goods, including any assembly or production line workers, supervisors, and managers.

Overhead: This includes all the indirect costs incurred in producing the goods, such as rent, utilities, equipment, insurance, and other overhead expenses.

To calculate the cost of goods, you need to add up the cost of materials, labor, and overhead for each unit produced. For example, if it costs $10 in materials, $5 in labor, and $2 in overhead to produce each unit, then the total cost of goods would be $17 per unit.

Once you have calculated the cost of goods, you can use this information to determine the selling price for your product. By adding a markup to the cost of goods, you can ensure that you are making a profit on each unit sold.

To learn more about direct costs please click on below link.

https://brainly.com/question/30300511

#SPJ4

How to calculate cost of goods?

(Please Help) What law gave enforcement authority to the equal employment opportunity commission?

A. The Uniformed Service Employment and Reemployment Act of 1994
B. The Equal Pay Act of 1963
C. The Equal Employment Opportunity Act of 1964
D. The Civil Rights Acts of 1964

Answers

I think its C but I’m not sure cause it could be D also

true or false in an industry with a dominant firm, the demand curve facing the dominant firm is identical to market demand.

Answers

The given statement "in an industry with a dominant firm, the demand curve facing the dominant firm is identical to market demand." is false because in an industry with a dominant firm, the demand curve facing the dominant firm is not identical to the market demand.

The demand curve faced by the dominant firm will be more elastic than the market demand curve because if the dominant firm raises its price, consumers will shift to other substitutes. As a result, the dominant firm cannot charge a price that is significantly higher than its competitors, as it will lose market share to those competitors. Thus, the dominant firm must operate within the constraints of the market and cannot control the market price.

In conclusion, while the dominant firm may have some advantages in the industry, it still must face the market's demand curve like any other firm.

You can learn more about demand curve at

https://brainly.com/question/16790743

#SPJ11

Extras you receive for employment, which could include retirement plans, health insurance, and vacation time, are called ______. A. Flextime b. Income c. Benefits d. Outlook Please select the best answer from the choices provided A B C D.

Answers

Answer:

C. Benefits

Hope this helps!

Last year Gray Corp. Had net sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm's total-debt-to-total-capital ratio was 45. 0%. The firm uses only debt and common equity as financing. Based on the DuPont equation, what was the ROE?

Answers

Based on the DuPont equation, the ROE for  Gray Corp. is 13.82%, given net sales of $325,000 and a net income of $19,000, and year-end assets of $250,000.

According to the DuPont formula, return on equity (ROE) is the same as profit margin times asset turnover times financial leverage. According to DuPont analysis, return on equity is determined by multiplying the profit margin by the asset turnover rate by the financial leverage.

Total debt to total capital ratio = 45%

Total Debt / Total Assets = 0.45

Total Debt / $250,000 = 0.45

Total Debt = 0.45* $250,000

Total Debt = $112,500

Total Capital = Total Assets – Total Debt

Total Capital = $250,000 - $112,500

Total Capital = $137,500

ROE = Net Income / Total Capital

ROE = $19,000 / $137,500

ROE = 13.82%

Hence, the ROE for Gray Corp. is 13.82%.

Read more about net income at:

https://brainly.com/question/28390284

#SPJ4

The electric company has the right to extend its wires over 50 parcels of land. what right does the electric company have?

Answers

When an electric company has the right to extend its wires over 50 parcels of land, the company is said to be in the possession of the right to easement in gross.

What is the significance of easement in gross?

Easement in gross can be referred to or considered as a right where the person has a right to use the part of an immovable property without having a potential ownership of the land that the person has been encumbered to use. Usually companies take purchase only rights to easement in gross in order to save their fixed expenditures.

Therefore, the significance regarding an easement in gross has been aforementioned.

Learn more about easement in gross here:

https://brainly.com/question/14309969

#SPJ1

Which Finance career involves the stock market?
Financial and Investment Planning
Insurance Services
Business Financial Management
Banking and Related Services

Answers

Answer:

A or D (i think!)

Explanation:

Answer:The answer is A.) Financial and Investment Planning

Explanation:edge2020

By bundling share purchases of many investors together mutual funds can take advantage of economies of scale and thereby lower.

Answers

Mutual funds can take benefit from economies of scale and thereby lower transaction costs by bundling share purchases of many investors together.

You can "mutually" acquire stocks, bonds, and other investments through mutual funds, which allow you to combine your money with that of other investors. They are managed by qualified money managers, who choose which securities to acquire (stocks, bonds, etc.) and when to sell them. You have access to any investment made in the fund as well as any revenue it may provide.

Economies of scale are the cost advantages a company has as a result of increasing its output level. The benefit results from the inverse connection between the amount produced and the fixed cost per unit. The fixed cost per unit decreases as production volume increases.

To learn more about mutual funds

https://brainly.com/question/13247161

#SPJ4

Reuben would like to buy a car that costs $25,000 today when he graduates from college in 5 years. If the rate of inflation is expected to be 3% per year over the next 5 years, how much would Reuben expect to pay for a similar car in today's dollars

Answers

The future value of the car that costs $25,000 today in 5 years at an inflation rate of 3% per year is $28,981.85.

What is the future value?

The future value shows the value that a present value will be in a future period, given the time value of money concept.

The future value can be computed using the future value formula, future value table, or an online finance calculator as below.

Data and Calculations:

Price of a car today = $25,000

Period to buy the car = 5 years

Inflation rate per year = 3%

Future value factor of 3% for 5 years = 1.159

Future price of the car in 5 years' time = $28,975 ($25,000 x 1.159)

N (# of periods) = 5 years

I/Y (Interest per year) = 3%

PV (Present Value) = $25,000

PMT (Periodic Payment) = $0

Results:

FV = $28,981.85

Total Interest $3,981.85

Thus, the future value of the car that costs $25,000 today in 5 years at an inflation rate of 3% per year is $28,981.85.

Learn more about future value computations at https://brainly.com/question/989421

if the company is currently buying in 5,000 yards quantity, what would be annual savings by changing to optimal order quantity?

Answers

The optimal order quantity for Western Jeans Company is 5,000 yards, which is their current order quantity, so there would be no annual savings by changing the order quantity. Therefore, the answer is D) no savings.

To find the optimal order quantity, we can use the economic order quantity (EOQ) formula

EOQ = sqrt((2DS)/(H))

where D = annual demand, S = ordering cost per order, and H = holding cost per unit.

Given

D = 35,000 yards per year

S = $500 per order

H = $0.35 per yard per year

Plugging these values into the EOQ formula, we get

EOQ = sqrt((2 x 35,000 x 500)/0.35)

EOQ = 5,000 yards

This means that the optimal order quantity for the Western Jeans Company is 5,000 yards, which is the same as their current order quantity. Therefore, there would be no annual savings by changing to the optimal order quantity.

So, the correct answer is option D) no savings.

To know more about optimal order quantity:

https://brainly.com/question/15700934

#SPJ4

--The given question is incomplete, the complete question is given

" The Western Jeans Company purchases denim from Cumberland Textile Mills. The Western Jeans Company uses 35,000 years of denim per year (365 days) to make jeans. The cost of ordering denim from the textile company is $500 per order. The carrying cost per yard of denim (Ch=H*C=0.29*1.20) is $0.35 per yard annually to hold a yard of denim in inventory. If the company is currently buying in 5,000 years quantity, what would be annual savings by changing to optimal order quantity?

50% savings

$875

$3500

no savings

$4375"--

The only certainties we have are death and taxes, or so the saying goes. Taxation was one of the original concerns when the United States declared independence from Great Britain. Taxation, one of the central areas of economic policy for the federal and state governments, drives much public debate to this day.

Answers

1. Taxes today are a major influence on government policy. The fact that our budget is restricted by the amount of tax revenue we get is one of the primary reasons we have the policies we have today.

2. I believe taxes should be more evenly dispersed among those who need them the most. More tax revenue should be used to improve welfare and fund public services like education.

3. I disagree that taxes should be reduced generally. The government must be able to generate adequate revenue in order to carry out its duties and lessen inequality. The greatest method to do this is through taxes, and ultimately, we all gain from this agreement.

4. Because they are frequently not taxed in accordance with their wealth, the richest people should be paying more in taxes. They should also contribute more to society because they have far more money than they require and use more resources per person.

5. The modifications I suggest would enable the government to spend more money on initiatives that will enhance the quality of life for all citizens.

Learn more about taxes here:

https://brainly.com/question/16423331

#SPJ1

Your question seems to be incomplete, but most probably your complete question was:

The only certainties we have are death and taxes, or so the saying goes. Taxation was one of the original concerns when the United States declared independence from Great Britain. Taxation, one of the central areas of economic policy for the federal and state governments, drives much public debate to this day. How do you believe taxes affect government economic policy today? What types of reforms would you like to see in taxes? Should taxes be lowered overall? Should some groups be paying more than they are now? How would the changes you recommend affect the economy and the ability of the government to carry out its functions?

For each lease below identify whether the short-term lease recognition exemption would be available. Fill in the columns by dragging and dropping the options from below, and then select Submit.

Answers

Here is the analysis of whether the short-term lease recognition exemption would be available for each lease:

How to explain the lease

Lease 1: Lease term: 11 months

Option to purchase: No

The short-term lease recognition exemption would be available for this lease because the lease term is 12 months or less and there is no option to purchase the underlying asset.

Lease 2:Lease term: 10 months

Option to purchase: Yes, but the lessee is not reasonably certain to exercise the option.

The short-term lease recognition exemption would be available for this lease because the lease term is 12 months or less and the lessee is not reasonably certain to exercise the option to purchase the underlying asset.

Lease 3: Lease term: 11 months

Option to purchase: Yes, and the lessee is reasonably certain to exercise the option.

The short-term lease recognition exemption would not be available for this lease because the lease term is 12 months or less, but the lessee is reasonably certain to exercise the option to purchase the underlying asset.

Learn more about lease on

https://brainly.com/question/30237244

#SPJ4

somebody help me please

What happens if you don’t have a checking account? Where can you go to cash your check?

If you cash it at your bank, can you always have your money immediately?
Why?


What would prevent you from cashing your whole check instead of depositing it?

Answers

Answer:

Explanation:

1. Visit the Issuing Bank

Most banks will be willing to cash checks that have been issued from their accounts, which means you can visit a local branch of the issuing bank to get your check cashed. The big benefit of this is that you’ll often be able to cash both personal and payroll checks,And yes They will give the money back immediately but you will have to pay a fee. They will give it back immediately because they are required by the state                                                                   . 2.  Go to Walmart

The retail giant Walmart offers check-cashing services for customers. They’ll cash payroll checks, government checks, tax checks, and MoneyGram money orders, but not personal checks. The fee is $3 for any check up to $1,000, and $6 for any check between $1,000 and $5,000, which is the check-cashing limit.

You can Endorse the Check Over to a Friend, If you have a friend or family member whom you trust, and who has a checking account, you may be able to cash your check by endorsing the check over to them to cash. Ask the bank first if they will honor the check this way first though, since individual bank policies vary. When you endorse the check, you’ll sign your name and underneath write “Pay to the order of [friend’s name],” under which they’ll endorse the check. Their bank will then cash the check with no penalties.

Obviously, this only works if you completely trust your friend. It’s also not a favor you’ll want to get in the habit of asking, as it could be a major inconvenience for them.

You can Use a Check-Cashing Store ,This should be a last resort, as these sorts of establishments generally charge high rates for check cashing. In general, you can expect check-cashing stores to charge you a percentage of your check’s total, although some will also charge a flat fee on top of that.

You can try Prepaid Cards,Some banks will allow you to cash a check for “free” if you load the money into a prepaid card or prepaid account. The problem with these services is that the cards and accounts often have hefty monthly maintenance fees, as well as other hidden charges and fees.

The only thing that would prevent you from cashing your whole check instead of depositing is because If the bank are prepared to cash it then you might as well deposit it and at the same time do a part withdrawal of whatever cash portion of it you need. Why get the cashier to count out the full value of the check and then you hand back some of it to be deposited and recounted . I really indeed Hopes this helps.

Evelyn has $727.29 in her checking account. she must maintain a $500 balance to avoid a fee. she wrote a check for $248.50 today. write and solve an inequality that would be used for the least amount of money she needs to deposit to avoid a fee.

Answers

Inequality is

727.29-248.50+x>500

x=how much she needs to deposit

478.79+x>500

subtract 478.79 from both sides

x>21.21

She need deposit  $21.21.

A deposit is cash you put into your financial institution account. You must deposit cash in a bank to create financial savings and earn interest on it. A call for deposit is made for budget you can withdraw whenever. A time deposit is an extended-time period investment. A deposit may also be the collateral amount you pay while you're taking on a loan.

A deposit is a amount of money that's a part of the overall price of something, and which you pay while you agree to shop for it.

traditionally, there are four varieties of bank deposits in India, which can be - modern Account, routine Deposits, savings accounts, and stuck Deposit bills. every type has its advantages.

within this class, there are three principal forms of demand deposits: (1) checking debts, (2) financial savings debts, and (three) cash marketplace money owed (we will go into these in greater element later). Time deposits: on every occasion a bank deposit comes with a hard and fast charge and time period, it's considered a time deposit.

A deposit is a amount of money that you pay while you e book a room at a resort or visitor residence. the amount is taken off your final bill while you leave. most motel owners ask for a deposit to verify a reservation.

Learn more about deposit here:-

https://brainly.com/question/1752098

#SPJ4

Answer:

Inequality is

727.29-248.50+x>500

x=how much she needs to deposit

478.79+x>500

subtract 478.79 from both sides

x>21.21

She need deposit  $21.21.

Explanation:

George
b. smith, president of forecasters inc., reported that the correlation coefficient between investment in the textile industry and the average temperature in minnesota during january is -0.60. does the sign of the correlation make sense to you? explain your reasoning.

Answers

Answer: Yes, because negative correlation coefficient implies there is negative correlation between quantities.

Explanation:

Correlation is a term we use to define the strength and direction of relation ship between two variables.

Negative correlation coefficient means there is a negative correlation between the variables , that is if one increases the other decreases.

Here, variables are : " investment in the textile"  and "average temperature in Minnesota during January "

So -0.60 defines that there is negative correlation between the investment in the textile and the average temperature in Minnesota during January.

Rosa plans to give a presentation to her co-workers on how to use her company's new requisitions process, and she is using presentation software to create a visual aid. each slide uses 30-point headings, no more than six bullet points, and black text on a white background with large, dark red and blue paint splashes. she is careful to use animation only to transition to new major points, and subpoints. what has rosa done wrong?

a) her slides are inconsistent.

b) her slides contain too much information.

c) her slides are too busy.

d) her information is too small.

e) she is using too much animation

Answers

Rosa has prepared a very well presentation but the only mistake she did is that her slides contain too much information.

What are the basic points to be considered while making presentation?

First and foremost point to be consider for making the presentation is that- introduction, body and conclusion must be there.

Too much information should not be added on a single slide. It must have some images as well for the attraction.

The ideas added in the presentation must have the clarity.

Learn more about the presentation skills here:-

https://brainly.com/question/7620493

#SPJ1

What are some reasons that a bank statement might not match a cash balance of a business's records? Choose all answers that are correct.

Question 1 options:

posted payments on credit cards


bank errors


outstanding deposits


service charges


recorded checks


outstanding checks

Answers

Answer:

outstanding deposits, outstanding checks, posted payments on credit cards

Explanation:

Bank errors, Outstanding Deposits, Service Charges, and Outstanding checks are some reasons that a bank statement might not match the cash balance of a business's records. The correct options are B, C, D, and F.

What information does a bank statement provide?

Name, address, account number, and bank branch information are all listed on bank statements for account holders. Additionally, a summary table that displays the statement's time frame, opening and closing bank balances, deposits made to the account, refunds, and cash withdrawals is included. In addition, fines levied by your bank as well as declined or canceled payments will appear on your statements.

Differences between the two records could be the result of Deposits in transit: The firm may have received cash or cheques, but the bank may not have yet recorded them. Outstanding checks are ones that have been issued but have not yet been processed. Bank service fees: Banks frequently deduct service fees.

Thus, the ideal options are B, C, D, and F.

Learn more about Bank Statement here:

https://brainly.com/question/22786262

#SPJ2

Task 3 of 3 – Business Presentation (AC 2.1, 2.2, 2.3)

Instructions:( 3 SLIDES FOR EACH POINT) RELATE IT TO CHOOSEN ORGANIZATION AS WELL

You are required to prepare a presentation about teams and leadership.

The presentation should address the following:

Critically discuss the importance of teams and team leadership in organisational performance.

Distinguish between workgroups and teams and the leadership thereof.

Critically compare and contrast formal and informal groups within organisations and within wider society.

Critically discuss the stages of group and team development and the role of leadership in maximising group and team performance. (TUCKMAN 5MODELS INCLUDE DIAGRAM).

Delivery and Submission:

1x Presentation file (including references)

1x Speaker notes

Answers

Teams and leadership play a crucial role in organizational performance. Tuckman's model highlights the stages of group development and the importance of leadership in maximizing performance.

Here is a step-by-step explanation of the importance of teams and team leadership:
1. Teams enhance collaboration: By bringing together individuals with diverse skills and knowledge, teams can collaborate effectively to solve complex problems and achieve organizational goals. This fosters innovation and creativity.

2. Teams improve decision-making: Through collective decision-making processes, teams can consider multiple perspectives and options. This reduces the risk of bias and improves the quality of decisions.

3. Teams increase motivation and engagement: When employees work in teams, they feel a sense of belonging and are more motivated to contribute their best efforts. This leads to higher levels of productivity and job satisfaction.


Let's compare and contrast formal and informal groups:
1. Formal groups are created by management: These groups are established by management to achieve specific objectives within the organization. They have defined roles, responsibilities, and formal communication channels.

2. Informal groups form naturally: Informal groups emerge spontaneously based on common interests, social connections, or shared goals. They are not created by management and often exist outside the formal organizational structure.

In conclusion, teams and team leadership are vital for organizational performance. Teams enhance collaboration, decision-making, and motivation. Workgroups and teams differ in terms of focus and interdependence. Formal and informal groups have distinct origins and characteristics.

To know more about the leadership, visit:

https://brainly.com/question/13379587

#SPJ11

Archie Co. purchased a framing machine for $45,000 on January 1, 2021. The machine is expected to have a four-year life, with a residual value of $5,000 at the end of four years. Using the sum-of-the-years'-digits method, depreciation for 2021 and book value at December 31, 2021, would be: a. $18,000 and $22,000 respectively. b. $16,000 and $29,000 respectively. c. $18,000 and $27,000 respectively. d. $16,000 and $24,000 respectively.

Answers

The question asks for the depreciation expense for the year 2021 and the book value of the framing machine at December 31, 2021, using the sum-of-the-years'-digits method.

Step 1: Calculate the sum-of-the-years'-digits (SYD) for the machine:

SYD = (n * (n + 1)) / 2

where n is the useful life of the asset in yearsIn this case, n = 4, so SYD = (4 * (4 + 1)) / 2 = 10

Step 2: Calculate the annual depreciation expense using the SYD method:

Depreciation expense for the first year = (Remaining useful life / SYD) * (Cost - Residual value)

Depreciation expense for the first year = (4 / 10) * ($45,000 - $5,000) = $16,000

Step 3: Calculate the book value at December 31, 2021:

Book value = Cost - Accumulated depreciation

Accumulated depreciation for the first year = Depreciation expense for the first year = $16,000

Book value at December 31, 2021 = $45,000 - $16,000 = $29,000

Therefore, the answer is b. $16,000 and $29,000 respectively.

To learn more about depreciation expense click here.

brainly.com/question/17440027

#SPJ11

technological advances allow smaller companies to compete with larger companies. group of answer choices true false

Answers

True, Technological advances allow smaller companies to compete with larger companies.

What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.

To learn more about company
https://brainly.com/question/27968241
#SPJ4

explain 5 reasons a firm should carry out promotion​

Answers

Broadly speaking, the goals of marketing can be broken down into five main areas: to raise brand awareness, to generate high-quality leads, to grow and maintain thought leadership, to increase customer value, and to empower your colleagues to become brand ambassadors.

HELP!

While drilling metal, Ben poured oil over the area. Which best explains why he did this?


Ben was trying to reduce fluid friction.

Ben was trying to reduce kinetic friction.

Ben was trying to increase fluid friction.

Ben was trying to increase kinetic friction.

Answers

Answer:

B. Ben was trying to reduce kinetic friction

Hope it works!

Explanation:

While drilling metal, Ben poured oil over the area, and Ben was trying to reduce kinetic friction. Therefore option B is correct.

What is Kinetic friction?

The kinetic friction force, also known as sliding friction, only affects moving objects (thus the term "kinetic"). Pushing a box across floorboards is an example of this force opposing sliding motion. This sort of friction has a particular coefficient of friction (such as rolling friction).

Static friction, which is the resistance to motion brought on by the friction between a motionless item and a surface, is the other main type of friction that occurs between solids. The force of friction is weaker for items that are already moving because the coefficient of static friction is often greater than the coefficient of kinetic friction.

To learn more about Kinetic friction follow the link.

https://brainly.com/question/17853415

#SPJ6

influences of Business environment,​

Answers

Factors that Influence the business environment are :

Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment

The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.

Importance of business environment:

Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.

The economic environment is all the things that create an economic impact on the firm.

The social environment is all the traditions and customs of the society that creates an impact on the firm.

The technological environment is all the impact on the firm caused due to new technology and upgradations.

The political environment is the conditions and behavior that the elected representatives hold toward the business

The legal environment is entirely based on the rules and legislation of the authorities.

For more about Business Environment refer to the link : https://brainly.com/question/26589766

On April 1, a company paid the $2,700 premium on a three-year insurance policy with benefits beginning on that date. What amount of insurance expense will be reported on the annual income statement for the first year ended December 31? $2,025.00. $75.00. $2,700.00. $900.00. $675.00.

Answers

The amount of insurance expense will be reported on the annual income statement for the first year ended December 31 is $675.00.

Insurance expense

Using this formula

Insurance expense=Insurance premium×Number of months/ Three years

Where:

Insurance premium=$2,700

Number of months= April to December=9 months

Three years=36 months

Let plug in the formula

Insurance expense=$2,700×9/36

Insurance expense=$675

Inconclusion The amount of insurance expense will be reported on the annual income statement for the first year ended December 31 is $675.00.

Learn more about insurance expense here:https://brainly.com/question/794346

All of the following are needed for the calculation of straight-line depreciation except:

a. cost

b. residual value

c. estimated life

d. units produced

Answers

Units produced is not needed for the calculation of straight-line depreciation.

With straight-line depreciation, an organisation may spread the cost of a fixed asset over the time it will be used to generate value. Correct depreciation has an impact on a company's income statement, balance sheet, profitability, and net assets. Straight line depreciation is calculated by multiplying the asset's cost by its estimated salvage value divided by the asset's anticipated useful life. Where: The cost of the asset, including any associated capital expenditures, is the asset's initial purchase price or construction cost.

Learn more about straight-line depreciation here:

https://brainly.com/question/13628572

#SPJ4

After performing a bank reconciliation, journal entries are required for:
A. All items on the bank side of the reconciliation
B. All items on the reconciliation
C. All items on the book side of the reconciliation
D. No items from the reconciliation because the Cash account needs an adjustment

Answers

After performing a bank reconciliation, journal entries are required for All items on the book side of the reconciliation.

Which entries on a bank reconciliation need to be journalized?

Adjustments to books refers to things on the bank reconciliation that call for a journal entry. These are the items that show up on the bank statement but have not yet been entered into the company's general ledger accounts.

Why is it required to enter journal entries after the bank reconciliation has been made?

Response and Justification: In order to identify the journal entry that has not been registered in the company organization's books of accounts, the bank reconciliation must be completed before recording any journal entries.

To Know more about journal entry

https://brainly.com/question/20421012

#SPJ4

Other Questions
8x 5/7. Get going people Can someone tell me if this is right if its not can you tell me where I messed up at What is the value of h?A right triangle is shown. Each angle between the hypotenuse and a leg is 45 degrees. One leg of the triangle is labeled 8. The hypotenuse is labeled h. A. 4 B. 8 start root 3 end root C. 16 D. 8 start root 2 end root whats the range of g?a: the g (x) - values -7,-6,-1,3, and 4b: -7 g(x) 4c: -7 g(x) 7d: the g(x) values -7,-4, -1, 3 and 7 earley corporation issued perpetual preferred stock with a 12% annual dividend. the stock currently yields 6%, and its par value is $100. round your answers to the nearest cent. what is the stock's value? $ suppose interest rates rise and pull the preferred stock's yield up to 12%. what is its new market value? A van moves with a constant speed of 116 km/h. How long will it take to travel a distance of 174 kilometers? What do economists consider a "leading indicator" of the health of the economy? question 1 options: the price of gas the stock market rent cost gdp Una carraca contiene 25 decalitros de agua. cuantas botellas de medio litro se necesitan para vaciar la garrafa? SI cada botella se vende a 035, cunto dinero se obtiene en total ? Ayudarme pls In horses, having straight hair (S) is dominant over having curly hair (s). A heterozygous parent with straight hair is crossed with a homozygous recessive parent with curly hair.What is the probability that the offspring will have curly hair?hurry it's a test and I only got 1:00 minute please hurryWill h=give you brainiest and 5.0and thanks please hurry25%50%75%100% Work out the sum of the interior angles of a pentagon. Work out the angle of x ?Does anyone know how to do this.. If I add 26 mL of water to 172 mL of a 4 M NaOH solution, what will the molarity of the diluted solution be? Given a circle with an area of 49 pi what is the exact circumference The expression 62.4d-21062.4d21062, point, 4, d, minus, 210 gives the number of Indian rupees you receive when you exchange \$d$ddollar sign, d at the local currency exchange.How many Indian rupees do you receive when you exchange \$13$13dollar sign, 13? Three equal-sized cardboard boxes are stacked on top of each other. Each box is 56.4 cm in height. What is the combined height of the 3 stacked boxes? Which of these describes why a stent is used? what is the variable of -3x + 9 = -18 please help me according to the concept of resource partitioning, which combination of attributes of a community would tend to lead to higher species richness? Need help quickly! Let theta be an acute angle of a right triangle. Find the values of the other five trigonometric functions of theta. Dominique has been working at an regular rate of $14. He works 54 hours per week and is paid time and a half for overtime. What is Dominique's average hourly rate?