Waterway Industries purchased equipment in 2019 at a cost of $906000. Two years later it became apparent to Waterway Industries that this equipment had suffered an impairment of value. In early 2021, the book value of the asset is $583000 and it is estimated that the fair value is now only $359000. The entry to record the impairment is

A. Retained Earnings 224000
Accumulated Depreciation—Equipment 224000
B. Loss on Impairment of Equipment 224000
Accumulated Depreciation—Equipment 224000
C. No entry is necessary as a write-off violates the historical cost principle.
D. Retained Earnings 224000
Reserve for Loss on Impairment of Equipment 224000

Answers

Answer 1

Answer:

B. Loss on Impairment of Equipment 224000

Accumulated Depreciation—Equipment 224000

Explanation:

The journal entry to record the impairment is shown below:

Impairment loss ($583,000 - $359,000) $224000  

           To Accumulated depreciation -Equipment  $224000

(Being the impairment loss is recorded)

For recording this we debited the impairment loss as it increased the losses and at the same time it decreased the value of the assets so the accumulated depreciation is credited


Related Questions

I am thirteen and need to make money what should I do?

Answers

Answer:

Sell slime ,Leamondae stand, baby, dog walk, Sell art

Explanation:

Discuss the importance of technology and the role of small and medium sized enterprises in the international business arena

Answers

Technology plays critical role in the international business arena as it enables companies to expand their reach and operate on global scale.

What is technology?

Technology refers to the collection of tools, systems, methods, and processes used to create, develop, and improve products, services, and other aspects of daily life. It involves the application of scientific knowledge to solve practical problems and improve the way we live, work, and communicate. Technology includes a wide range of fields such as electronics, computing, telecommunications, transportation, healthcare, and manufacturing. It enables us to achieve tasks more efficiently, accurately, and with less effort. With the advancements in technology, we have been able to create new forms of entertainment, education, and social interaction. It has also contributed to scientific discoveries, medical breakthroughs, and innovations in engineering and design. Technology has become an integral part of our lives, and it continues to evolve at a rapid pace, shaping the future of society and the world.

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Complete Question:

Discuss the importance of technology and the role of small and medium sized enterprises in the international business arena?

as Vincent gets older, he tends to look for high-paying jobs, watch for sales, and search for items and opportunities that invite happiness and fulfillment. What does Vincent's behavior demonstrate?​

Answers

Vincent's behavior demonstrates rational self-interest.

What does Vincent's behavior demonstrate?

Vincent's behavior of seeking high-paying jobs, looking for sales, and searching for opportunities that bring happiness and fulfillment aligns with the concept of rational self-interest. Rational self-interest refers to individuals making choices and pursuing actions that they believe will maximize their own well-being or self-interest.

In this case, Vincent is actively seeking opportunities that offer financial benefits (high-paying jobs, sales) and personal satisfaction (happiness and fulfillment). His actions are driven by the desire to improve his own economic and personal circumstances which is indicative of rational self-interest.

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When a buyer's product is not working properly and they have a warranty, what is the first step the buyer should take to resolve the problem?
A:contact the local or state Consumer Affairs Office


B:contact the product manufacturer

C:sue the retailer who sold the product and/or the manufacturer

D:contact the retailer who sold the product

Answers

Option D. Contact the retailer who sold the product.

A buyer's product is not working properly and they have a warranty, contacting the retailer who sold the product is the first step the buyer should take to resolve the problem. Thus option D is correct.

What is a product?

A product is something that is being sold. A business or an object both qualify as products. Every product has a cost associated with it, and each one has a price. The marketplace, the grade, the promotion, and the group that is being targeted all affect the price that could be charged.

In general, if a customer relied mostly on the store's education, experience, or advice when selecting the goods, they may demand a refund as well as replacement when it is unable to perform its intended function. This was to ensure that the people will not be cheated by the product that is present.

Therefore, option D is the correct option.

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SE 2: Name and explain TWO recent CSI/CSR initiatives that the shop rite carries out. ​

Answers

The TWO recent CSI/CSR initiatives that the ShopRite carries out are:

We #ActForChange.Help-Change-A-Life initiative.

What is CSR initiatives  about?

All Shop rite in all of their branches in all country are known for their policy of  no wastage policy, and due to the above, there was the  We #ActForChange  initiatives where surplus food is donated to organizations such as Foodbank South Africa and Non-Profit Organization.

The Help-Change-A-Life initiatives , is known to be a premium corporate social responsibility (CSR) initiative that is said to have taken place in the city of Lagos market and it is one where foods where shared to  Little Sisters of the Elderly Poor, and other homes.

Therefore, The TWO recent CSI/CSR initiatives that the ShopRite carries out are:

We #ActForChange.Help-Change-A-Life initiative.

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What percent of the educated workforce in the world can be found outside of the US?
O 75%
O 25%
O 50%
15%

Answers

Answer:

A. 75%

Explanation:

A workforce is a term used to describe the number of able people working for government, establishments, institutions and private companies etc in a society. Thus, educated workforce implies the number of educated able people that have the ability to work with respect to their academic discipline.

US has a high number of workforce and compensating packages for them. But when compared to other countries, over 75% of educated workforce exists outside of the United States of America.

Share your ideas from the role of a key stakeholder who wants to settle the issue. Submit your ideas as a blog, a news report or other format of your choice.

Answers

Title: Bridging Divides: A Key Stakeholder's Path to Issue Resolution

Blog Post:

In today's increasingly interconnected world, conflicts and disputes have become a common occurrence. As a key stakeholder, it is essential to play a proactive role in settling such issues and fostering harmony. By promoting open dialogue, understanding, and collaboration, we can pave the way for sustainable resolutions that benefit all parties involved.

Firstly, it is crucial to establish a platform for communication and negotiation. This platform should encourage all stakeholders to express their concerns and perspectives openly, creating an environment of trust and respect. By actively listening to each other's viewpoints, we can gain valuable insights into the underlying causes of the issue and identify potential areas of compromise.

Secondly, building bridges requires empathy and a willingness to see beyond our own interests. By considering the needs and aspirations of all stakeholders, we can work towards finding mutually beneficial solutions. This involves exploring creative alternatives and seeking common ground that addresses the core concerns of each party.

Thirdly, fostering collaboration among stakeholders is key to overcoming barriers and finding lasting resolutions. By encouraging joint problem-solving efforts and facilitating partnerships, we can tap into the collective wisdom and resources of diverse groups. Collaboration also enhances ownership of the solutions, increasing the likelihood of successful implementation.

Lastly, it is important to promote ongoing dialogue and learning. Conflict resolution is a dynamic process, and it is essential to continuously assess the effectiveness of implemented solutions. By creating mechanisms for feedback and evaluation, we can refine our approaches and adapt to changing circumstances, ensuring the sustainability of the settlements achieved.

Resolving issues requires a long-term commitment from all stakeholders involved. As a key participant, we have a responsibility to foster an environment of understanding, collaboration, and empathy. By embracing these principles, we can bridge divides and forge a path towards harmonious coexistence and mutual prosperity.

News Report:

Headline: Stakeholder Engagement Drives Successful Resolution of Long-standing Conflict

Date: May 18, 2023

In an inspiring display of diplomacy and cooperation, key stakeholders have come together to settle a long-standing dispute that has plagued our community for years. Their unwavering commitment to dialogue and collaboration has paved the way for a sustainable resolution that promises to benefit all parties involved.

The conflict, which had deep-rooted historical and cultural undertones, threatened to undermine social cohesion and impede progress. However, through the proactive efforts of key stakeholders, a platform for open communication and negotiation was established, providing a safe space for all voices to be heard.

Emphasizing the importance of empathy and understanding, stakeholders actively listened to one another's concerns and perspectives. This empathetic approach enabled them to uncover the underlying causes of the issue and identify potential areas of compromise. By seeking common ground and exploring creative alternatives, they forged a path towards mutually beneficial solutions.

Central to this successful resolution was the fostering of collaboration among stakeholders. Recognizing the power of collective wisdom and resources, they engaged in joint problem-solving efforts and formed partnerships. This collaborative approach not only facilitated the identification of innovative solutions but also fostered a sense of ownership and commitment among all parties.

However, the settlement process did not end with the signing of agreements. The stakeholders have shown a steadfast commitment to ongoing dialogue and learning. They have implemented mechanisms for feedback and evaluation, allowing for continuous refinement and adaptation of the agreed-upon solutions.

As the community celebrates this milestone, it serves as a shining example of what can be achieved when key stakeholders embrace the principles of understanding, collaboration, and empathy. By bridging divides and forging a path towards harmonious coexistence, they have laid the foundation for a brighter, more prosperous future.

In conclusion, resolving complex issues requires the collective effort of key stakeholders who are willing to transcend differences and work towards a common goal. It is through their commitment to open

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Which of the following best explains why a country might specialize in the production of a good?
O Consumers in the country only demand a single good.
O The country believes it is generally better to do one thing really well than multiple things.
The country cannot produce other goods and services.
Specialization allows the country to exchange for more of other goods than it could produce.

Answers

The best explanation for why a country might specialize in the production of a good is specialization allows the country to exchange for more of other goods than it could produce (option D).

Specialization in the production of a particular good enables a country to take advantage of its available resources, labor, and technology to produce that good more efficiently and at a lower cost compared to other countries. As a result, the country can sell its specialized good to other countries in exchange for other goods that it needs but cannot efficiently produce on its own.
For example, if a country specializes in the production of coffee, it can produce coffee beans at a lower cost and higher quality than other countries due to its favorable climate and available resources. The country can then trade its coffee for other goods that it cannot produce as efficiently, such as electronics or machinery.
Specialization also leads to increased productivity and efficiency, as workers can focus on producing a specific good and become highly skilled in that area. This can lead to technological advancements and innovations, which can further improve production efficiency and competitiveness in the global market.
In conclusion, specialization allows a country to leverage its strengths in the production of a specific good, trade it for other goods it needs, and increase productivity and competitiveness.

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PA1. LO 4.1 For each item listed, state whether a job order costing system or process costing system would be
best.
A. cereal
B. team uniforms
C. houses
D. beach chairs
E. plastic
F. restaurant-specific pizza boxes
G. sneakers customized with number and colors

Answers

For each item listed, the job order costing system or process costing system would be as follows:

best.

A. Cereal - Process costing system

B. Team uniforms - Job order costing system

C. Houses - Job order costing system

D. Beach chairs - Job order costing system

E. Plastic - Process costing system

F. Restaurant-specific pizza boxes - Job order costing system

G. Sneakers customized with number and colors - Job order costing system

What is  job order costing system or process costing system about?

Job order system is used for products or services that are customized or have specific features that are unique to each order. Examples of industries that use job order costing system include construction, custom furniture, and printing.

Process costing system is used when products or services are produced on a mass scale, meaning they are produced in large quantities that are identical or similar to each other. This system is used for products or services that are standardized or have no unique features. Examples of industries that use process costing system include food processing, chemical manufacturing, and oil refining.

Therefore, Job order costing system and process costing system are two methods used in cost accounting to determine the cost of producing products or services.

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Theodosia was laid off from her last job. What should she put on her next application as her reason for leaving that job?
O No prior employment experience
O Currently employed
O Fired
O Downsizing

Answers

Answer:

O Downsizing

Explanation:

A lay off happens when the employer has closed down, has changed locations, or when there is not sufficient work for all the employees. A layoff is not caused by an employee's fault.

Downsizing refers to scaling down of operation. When a company downsizes, some of the employees will be laid off. Theodosia should mention she was laid off in her next application. The potential employer will realize that she wasn't at fault at her previous workplace.

To help audiences understand large amounts of information, which visuals are the most suitable?

Answers

different between isoquant and isocost

Match the drawbacks of the scientific management theory to their respective outcomes in the workplace.
rigidity
lack of autonomy
mechanical nature
lack of feedback

Match the drawbacks of the scientific management theory to their respective outcomes in the workplace.rigiditylack

Answers

Answer:

Explanation:

Plato Users

Match the drawbacks of the scientific management theory to their respective outcomes in the workplace.rigiditylack

Production methods are standardized with no opportunity for individual initiative is known as lack of autonomy.

What are Production methods?

A production process is a way to use economic resources, such as labor, expensive machinery, or land, to create goods and services for customers.

The manufacturing process typically addresses how to effectively and productively produce goods for sale so that clients can receive them fast without compromising the product's quality.

Depending on their manufacturing objectives, production volumes, and technology tools or software systems, organizations can use a wide range of production methods.

Making broad-based production decisions that have an impact on the productivity levels of product development and sales is a crucial component of the job of a manufacturing manager. Choosing the best production method frequently depends on the kind of technology you have access to.

For instance, without the right technology to track, categorize, or manufacture these products appropriately, you might not be able to adhere to a clear mass production structure if you receive a lot of orders for the same product.

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Using the information below for Laurels Company; determine the cost of goods manufactured during the current year: Direct materials used $6,100 Direct Labor 8,100 Total Factory overhead 6,200 Beginning work in process 4,100 Ending work in process 6,200a. $19,700b. $16,900c. $18,300d. $12,800e. $14,800

Answers

Answer:

c. $18,300

Explanation:

The computation of cost of goods manufactured during the current year is shown below:-

Cost of goods manufactured during the current year = Direct material + Direct labor + Total factory overhead + Beginning Work in progress - Ending work in progress

= $6,100 + $8,100 + $6,200 + $4,100 - $6,200

= $24,500 - $6,200

= $18,300

Hence, the correct option is c. $18,300

Match the design thinking stage to its description.

Question 14 options:

The design team creates multiple inexpensive versions of the product, known as minimum viable products (MVPs)


Spend time gaining an understanding by observing, engaging, and empathizing with customers to understand their experiences and their needs better


Analyze observations and information to identify the core problem


The design team comes up with solution ideas


The design team identifies any additional problems and refines the final solution before the final product is produced and released to customers

1.
Empathize

2.
Define

3.
Ideation

4.
Prototype

5.
Test

Answers

The design team creates multiple inexpensive versions of the product, known as minimum viable products (MVPs) - Prototype.

Spend time gaining an understanding by observing, engaging, and empathizing with customers to understand their experiences and their needs better - Empathize

Analyze observations and information to identify the core problem - Ideation

The design team comes up with solution ideas - Ideation

The design team identifies any additional problems and refines the final solution before the final product is produced and released to customers - Test

What is a Design thinking?

Generally, a design thinking means the set of cognitive, strategic and practical procedures used by designers in the process of designing and to body of knowledge that has been developed about how people reason when engaging with design problems. A design thinking is also associated with the prescriptions for the innovation of products and services within business and social contexts.

The term "design thinking" is been used to refer to specific cognitive style, a general theory of design (which is way of understanding how designers work), and a set of pedagogical resources (through which organisations or inexperienced designers can learn to approach complex problems in a designerly way).

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In a deed, the person or entity conveying the real property interest is more commonly referred to as the:

Answers

In a deed, the person or entity conveying the real property interest is more commonly referred to as the: Grantor.

Who is the Grantor?

The grantor in a property deed is the individual who owns the property that is to be sold. He confers the ownership rights of the property to the grantee.

The property that is transferred is referred to as the Grant.

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Subject: economics/history

Can someone help me with this

Extra points because this whole problem is just ://

Subject: economics/history Can someone help me with thisExtra points because this whole problem is just

Answers

Yeah ur right, it’s worker (:

Answer:

Worker is correct

Explanation:

good job on getting it right!

Which option is an example of capital as a factor of production?
A. A government increasing taxes
B. An artist painting a picture
OC. A tree used to make paper
D. An industrial assembly line

Answers

The example of capital as a factor of production is D. An industrial assembly line

What are factor of production?

In economics, factors of production can be regarded as the resources,  as well as the  inputs  which serves as those things that is used in the production process to produce output.

It shoud be noed hat hese are needed in the manudacture of the goods and services however there are various was that these factors are been used, the various inputs determine the quantity of output  with respect to the relationship called the production function.

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Raw material as an industrial material

Answers

Answer:

Raw materials are the input goods or inventory that a company needs to manufacture its products. Examples of raw materials include steel, oil, corn, grain, gasoline, lumber, forest resources, plastic, natural gas, coal, and minerals.

is a place where two parties can gather to facilitate the exchange of products

Answers

A marketplace is a physical or virtual place where two parties can gather to facilitate the exchange of goods or services. It is a space where vendors or merchants come together to sell their wares, and consumers come to buy what they need. A marketplace can be found in many forms and has evolved over time to keep up with the changing nature of trade and commerce.

Traditional marketplaces are physical locations where people gather to sell goods. They have been around since ancient times and continue to exist in many parts of the world. These marketplaces are usually located in urban areas, and vendors set up their stalls or shops to sell their wares.

They may sell food, clothing, handmade crafts, or other products. People come to these marketplaces to buy what they need, socialize, and enjoy the atmosphere.Virtual marketplaces, on the other hand, are online platforms where people can buy and sell products.

These marketplaces are accessible from anywhere with an internet connection and have become increasingly popular in recent years. Popular examples of virtual marketplaces include Amazon, eBay, and Etsy.

These platforms allow vendors to reach a broader audience and sell their products worldwide.In conclusion, marketplaces are crucial for facilitating the exchange of goods and services. They have been around for centuries, and their evolution has resulted in various forms, including traditional and virtual marketplaces.

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On November 1, 2011 Movers inc, paid $24000 for 2 years' rent beginning on November 1 (assume rent is the same amount each month). Mover's financial statements as of and for the ended November 30, 2011 will show:

Answers

Rent expense of $2,000 and Prepaid rent of $22,000 are both included in Mover's financial statements as of and for the period ended November 30, 2011.

Which adjusting entries make sure that balances are reported at amounts reflecting the remaining economic benefits?

Option a. account is the right response. Accounting entries known as "adjusting entries" are used to reflect material changes to accounts that have already been recorded in a company's book of accounts. It makes adjustments to the company's assets, liabilities, revenues, and expenses before the financial statement is prepared.

Which two accounting concepts, which underlie accrual accounting, are applicable?

The matching principle and the revenue recognition principle are combined in accrual basis accounting. According to the matching principle, expenses must be recorded in the same period as the revenue they contribute to.

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Kathy Myers frequently purchases shares and bonds, but she is uncertain how to determine the rate of return that she is earning. For example, five years ago she paid $153,000 for 900 common shares of Malti Company. She received a $3,060 cash dividend on the shares at the end of each year for five years. At the end of five years, she sold the shares for $198,900. Kathy would like to earn a return of at least 8% on all of her investments. She is not sure whether the Malti Company shares provided a 8% return and would like some help with the necessary computations.



Click here to view Exhibit 10-1 and Exhibit 10-2, to determine the appropriate discount factor(s) using tables.



Required:

Determine the net present value. (Negative amounts should be indicated with a minus sign. Round discount factor(s) to 3 decimal places. Round other intermediate calculations and final answer to the nearest dollar amount.)





Did the Malti Company shares provide a 8% return?



multiple choice
Yes
No

Answers

The present value of the first year's dividend = $2,831

The present value of the second year's dividend = $2,624

And so on for the next three years

The present value of the sale price of the shares = $162,093

How did we get the values?

To determine the net present value, we need to calculate the present value of the cash inflows (dividends and the sale price of the shares) and subtract the present value of the outflow (the initial investment).

Dividends:

The present value of the first year's dividend can be calculated as follows: $3,060 / (1 + 0.08)^1 = $2,831

The present value of the second year's dividend can be calculated as follows: $3,060 / (1 + 0.08)^2 = $2,624

And so on for the next three years.

Sale price of shares:

The present value of the sale price of the shares can be calculated as follows: $198,900 / (1 + 0.08)^5 = $162,093

Investment:

The present value of the investment can be calculated as follows: $153,000

Net Present Value (NPV):

NPV = sum of present value of cash inflows - present value of outflow

= $2,831 + $2,624 + $2,428 + $2,239 + $2,058 + $162,093 - $153,000

= $17,183

Since NPV is positive, it means that the investment generated a return greater than 8%. So, the answer is "Yes, the Malti Company shares provided a 8% return".

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q Conflict Consequences 2 Difference between critical and Creative thinking. 3. Positive Use & Teisure time 41m Portance & Self Identity Svalues associated with creative Thinking​

Answers

Critical thinking involves analyzing and evaluating information, while creative thinking involves generating new ideas and solutions. Positive use of leisure time includes engaging in activities that promote personal well-being, learning, self-improvement, socializing, and exploring new experiences.

Difference between critical and creative thinking:

Critical thinking is a cognitive process that involves analyzing and evaluating information or arguments in a logical and systematic manner. It focuses on objective analysis, reasoning, and problem-solving. Critical thinking requires the ability to question assumptions, recognize biases, and assess evidence to form well-reasoned judgments or decisions.

On the other hand, creative thinking involves generating new ideas, insights, or solutions. It is a process of divergent thinking, breaking away from conventional thoughts and exploring alternative perspectives.

Creative thinking often involves combining different ideas, making connections, and thinking outside the box. It encourages imagination, flexibility, and the ability to embrace uncertainty.

While critical thinking aims to assess and evaluate existing information or arguments, creative thinking aims to generate new possibilities or approaches. Critical thinking seeks to analyze and deconstruct, while creative thinking seeks to synthesize and construct.

Positive use of leisure time:

Leisure time refers to the period when individuals are free from work or other obligations and can engage in activities of their choice. Positive use of leisure time involves engaging in activities that contribute to personal well-being, growth, and fulfillment. Here are some examples:

Pursuing hobbies and interests: Engaging in activities such as painting, playing a musical instrument, gardening, or sports can provide relaxation, personal enjoyment, and a sense of accomplishment.

Learning and self-improvement: Using leisure time to learn new skills, read books, take online courses, or engage in personal development activities can enhance knowledge, broaden perspectives, and foster personal growth.

Physical and mental well-being: Allocating leisure time for exercise, meditation, yoga, or other wellness activities promotes physical fitness, reduces stress, and enhances overall well-being.

Socializing and building relationships: Spending leisure time with family, friends, or participating in community activities helps foster social connections, build relationships, and strengthen support networks.

Exploring new experiences: Traveling, visiting museums, attending cultural events, or trying new cuisines broadens horizons, provides exposure to different cultures, and creates memorable experiences.

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Determine which of the statements below accurately describe services provided by a bank. (Check all that apply.)

a. Each bank deposit is supported by a check.
b. A bank account is a record set up by a bank for a customer.
c. To withdraw money from an account, the depositor can use a check.
d. To limit access to a bank account, all persons authorized to write checks on the account must sign a deposit slip.
e. Each bank deposit is supported by a deposit ticket.

Answers

answer: (c,e,b)


C) To withdraw money from an account, the depositor can use a check.

E) Each bank deposit is supported by a deposit ticket.

B) A bank account is a record set up by a bank for a customer.


explanation:

a deposit isn’t always supported by a check so that makes Letter A wrong

d is wrong because that’s not true

c, e, and b are right because they are things a bank actually does



have an amazing night

A company had a market price of $39.40 per share, earnings per share of $2.20, and dividends per share of $1.35. Its price-earnings ratio equals:

Answers

Answer:

Price earning ratio = $17.9

Explanation:

Price earning ratio = Market Price share / Earning Per Share

Price earning ratio = $39.40/$2.2

Price earning ratio = $17.9

PLEASE GIVE ME AN EXPLANATION ON HOW TO DO THIS OR DO IT FOR ME I REALLY NEED THIS SO I CAN PASS
You will assist four of the affected patients or their family members with their concerns regarding the lack of heating, ventilation, and air
conditioning (HVAC) in the maternity ward.
• For each interaction, note the time, describe who is voicing a concern, what the problem is, and the approach you are taking to
assist the customer. Be sure to include in the interaction any source of conflict, and the ultimate resolution.
• You may describe each encounter by writing in a short paragraph format, covering all points of the interaction. Or, you may
describe by using dialogue parts, as you would find in a play.

Answers

Answer:

hii can we be friends

अनुपात के लिए प्रतिशत कैसे प्राप्त करें

अनुपात अक्सर एम: एन या एम / एन के रूप में व्यक्त किए जाते हैं। अनुपात को प्रतिशत के रूप में परिवर्तित करने के लिए, केवल m को n से विभाजित करें और फिर परिणाम को 100 से गुणा करें।

अनुपात को प्रतिशत में बदलने के लिए कदम

रूपांतरण में तीन सरल चरण होते हैं:

चरण 1: पहली संख्या को दूसरी संख्या से विभाजित करें

चरण 2: प्रतिशत में बदलने के लिए 100 से गुणा करें

चरण 3: प्रतिशत प्रतीक जोड़ें (%)

उदाहरण के लिए , यदि अनुपात 12: 4 है, तो इसे प्रपत्र 12/4 में बदल दें, जो एक समीकरण है जिसे हम हल कर सकते हैं। उसके बाद, प्रतिशत प्राप्त करने के लिए परिणाम को 100 से गुणा करें।

12 3 4 = 3

3 × 100 = 300%

अनुपात के लिए प्रतिशत को हल करने के लिए समीकरण

Which of the following best describes what happens when a company has
made a profit at the end of an accounting period?
A. The credit amount is higher than the debit amount in the income
statement columns of the worksheet.
B. No amounts have to be entered into the adjustments columns in
the worksheet.
C. The debit amount is higher than the credit amount in the balance
sheet columns of the worksheet.
D. The debit and credit amounts in the adjusted trial balance
columns are equal in the worksheet.

Answers

A company has made a profit  When the credit amount is higher than the debit amount in the income at the end of an accounting period.

An accounting period, in bookkeeping, is the length almost about which control debts and financial statements are prepared.

In management accounting, the accounting period varies extensively and is decided with the aid of management. monthly accounting durations are common.

In financial accounting, the accounting duration is decided with the aid of regulation and is commonly three hundred and sixty-five days. the start of the accounting period differs in line with jurisdiction. As an instance, one entity may additionally observe the calendar year, January to December, while another might also follow April to March as the accounting period.

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Task 1: Careers and Educational Requirements Perform online research and choose a career in the financial services industry. Determine the education you will need to prepare for this career.

Task 2: Certification Requirements
For your chosen career, identify the certification or licensing required. Develop a strategy to prepare for certification.

Task 3: Information Technology and Interpersonal Skills
For your chosen career, describe the skills you will need to learn and develop.

Answers

For Task 1, I have chosen the career of a financial analyst in the financial services industry. To prepare for this career, a Bachelor's degree in Finance, Accounting, Economics, or a related field is required.

For Task 2, becoming a Certified Financial Analyst (CFA) is highly valued in this career. The CFA program consists of three levels of exams that cover topics such as economics, financial reporting and analysis, ethics, and investment tools.

For Task 3, both information technology and interpersonal skills are important in this career. Financial analysts must have strong analytical skills and be proficient in using financial modeling software and spreadsheet applications.

Task 1-  Many employers also prefer candidates with a Master's degree in one of these fields. Additionally, courses in statistics, mathematics, and computer science can be beneficial in this career.  Task 2- To prepare for this certification, one should enroll in a CFA program review course, study the material thoroughly, and take practice exams to prepare for the rigorous testing process.

Task 3- They also need to have excellent communication and interpersonal skills to be able to work effectively with clients and team members. Additionally, they must be able to present complex financial information in a clear and understandable manner. Developing and honing these skills can be achieved through a combination of on-the-job experience, training, and continuing education courses.

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How do you choose the brainliest answer?

Answers

You have to wait till 1-2 more people to answer your question. Then if you want you can choose and mark who you want to be brainliest answer

The NPV and IRR method occasionally do not agree on accept/reject decisions when evaluating an investment proposal.
True or False?

Answers

True
I remember seeing that question before and I got the anwser correct.

The NPV and IRR method occasionally do not agree on accept/reject decisions when evaluating an investment proposal. The given statement is False.

Why positive NPV should be accepted?

A project or venture has a positive NPV if the estimated earnings, discounted for their present value, are more than the anticipated costs, also expressed in today's currency. A positive NPV indicates an investment that is likely to be successful. Net loss will arise from an investment with a negative NPV.

The total of the investment's anticipated cash inflows and outflows, discounted back to their present value at a risk-adjusted rate, is known as the net present value. Project acceptance is granted if the NPV exceeds $0. The project is turned down in any other case.

Thus, the given statement is False.

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What is one benefit of buying bonds?

Answers

Answer:

The benefit of buying bonds is to get people out of jail,or for use of other purposes such as a car bond or just a normal bond .A bond is like a loan basically.

Buying a bond provide a predictable income stream
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