XYZ Realtors (Pty) Ltd is a real estate company and is registered as a vendor for VAT. Explain how the Value Added Tax Act 89 of 1991affects the company with regards to the sale or lease of immovable property? (9) 2. What would the position be if XYZ Realtors had failed to register as a vendor for VAT? (1) [10]
Answers
The Value Added Tax Act 89 of 1991 affects XYZ Realtors (Pty) Ltd in relation to the sale or lease of immovable property in the following ways: VAT on Sale of Immovable Property, Input VAT, Zero-Rated Supplies, Exempt Supplies.
a) VAT on Sale of Immovable Property: When XYZ Realtors sells an immovable property, it is generally liable to charge Value Added Tax (VAT) on the sale. The VAT is calculated based on the selling price and is added to the purchase price. The purchaser will then pay the total amount, including VAT.
b) Input VAT: As a registered vendor for VAT, XYZ Realtors can claim input VAT credits for the VAT paid on the purchase of goods or services related to its real estate business. These input VAT credits can be deducted from the VAT collected on the sale of properties, resulting in a reduced VAT liability for the company.
c) Zero-Rated Supplies: In some cases, the sale of certain immovable properties may qualify as zero-rated supplies. This means that although VAT is charged on the sale, the rate is 0%, resulting in no actual VAT payable by the purchaser. XYZ Realtors would still be able to claim input VAT credits on expenses related to these zero-rated supplies.
d) Exempt Supplies: There are certain instances where the sale or lease of immovable property is exempt from VAT. In such cases, XYZ Realtors would not charge VAT on the transaction, but it also cannot claim input VAT credits on related expenses. Examples of exempt supplies include the sale or lease of residential properties and certain agricultural land.
If XYZ Realtors had failed to register as a vendor for VAT, the company would not be able to charge VAT on the sale of immovable property. Consequently, the company would not be able to claim input VAT credits on expenses related to its real estate business. This could lead to higher costs for the company, as it would be unable to recover the VAT paid on its inputs. Additionally, the company would not have the advantage of zero-rating certain supplies, resulting in potential VAT liabilities for the purchasers of properties. Failure to register as a VAT vendor could also lead to non-compliance with tax regulations and potential penalties imposed by the tax authorities.
Learn more about Tax from
https://brainly.com/question/30157668
#SPJ11
Related Questions
how to calculate the percentage incease when $0 was spent the prior year and now $3456 is being spent in 2023?
Answers
After that, multiply the result by 100 and divide the increase by the original number. % growth is calculated as Growth divided by 100.
Subtract the earnings from the prior year from the current year's earnings. Next, multiply the result by 100 after dividing the difference by the earnings from the prior year. For instance, after a year, a person's pay rises from $700 to $1050. Here, the starting point is 700, and the ending point is 1050. Percentage Increase is calculated by substituting the Growth values in the formula: [(1050 - 700)/700] x 100 = (350/700) x 100 = 50%. Consequently, the individual's pay will increase by 50%.
To learn more about Increase, click here.
https://brainly.com/question/20818421
#SPJ4
What’s the answer???
Answers
Answer:
I am not sure but I think it would be B right?
Explanation:
Because she already has $10 to go to the movie right, so she would use that 10 dollars to go to the movie with her friend?
At July 1, 2022, Landis Company sold the Ritter bonds for $3,090,000 immediate after receiving the interest payment. Assuming Landis Company has a portfolio of Available-for-Sale Debt Securities, what should Landis Company report as a gain(loss) on the bonds?
Answers
Answer:
76900
Explanation:
Fair Value of Ritter=3,180,000
Landis Purchased= 3,000,000
Rate = 8%
Time = 5 yrs
Bond sold = 3124,740
Rate = 7%
3,180,000- (3124,740 – 10,620 – 10, 980) =76900
What does a good credit history do for consumers?
A. It helps them reduce their housing costs.
B. It allows them to get debit cards,
C. It makes it easier for them to get loans.
D. It keeps prices low.
SUBMIT
Answers
Answer:
C. It makes it easier for them to get loans.
Explanation:
Credit history shows how reliable a borrower is in repaying loans. A good credit history indicates that a person pays their debts on time. A customer with a good credit history manages their income and debts properly and is considered a low-risk borrower.
Lenders are always willing to offer credit facilities to customers with a good credit history. They view them as less likely to default on their debts.
E14.13 (LO 4) The following information is taken from the 2020 general ledger of Okonedo ASA. Rent Rent expense € 40,000 Prepaid rent, January 1 5,600 Prepaid rent, December 31 9,000 Salaries Salaries and wages expense € 65,000 10,000 Salaries and wages payable, January 1 Salaries and wages payable, December 31 8,000 Sales Sales revenue €170,000 Accounts receivable, January 1 19,000 Accounts receivable, December 31 7,000 Instructions In each case, compute the amount that should be reported in the operating activities section of the state- ment of cash flows under the direct method.
Answers
The amount that should be reported in the operating activities section of the statement of cash flows under the direct method for Okonedo ASA is €171,000.
The operating activities section of the statement of cash flows under the direct method includes cash inflows and outflows directly related to the company's core operations. To calculate the amount for this section, we need to consider the changes in the relevant accounts. For Rent, the Rent expense of €40,000 is reported as an outflow in the operating activities section. For Salaries, the change in Salaries and wages payable is considered. The Salaries and wages payable of €10,000 (January 1) minus €8,000 (December 31) represents a decrease in payable, which means an increase in cash. Therefore, €2,000 is reported as an inflow in the operating activities section.
For Sales, the change in Accounts receivable is considered. The Accounts receivable of €19,000 (January 1) minus €7,000 (December 31) represents a decrease in receivables, which means an increase in cash. Therefore, €12,000 is reported as an inflow in the operating activities section. Adding up the Rent expense, Salaries adjustment, and Sales adjustment, the total amount reported in the operating activities section of the statement of cash flows under the direct method is €40,000 + €2,000 + €12,000 = €54,000. However, it's important to note that the given information does not provide specific details about other operating cash flows, such as cash paid for operating expenses. Therefore, the total amount reported in the operating activities section may vary depending on additional information not provided.
Learn more about cash flows here: https://brainly.com/question/24179665
#SPJ11
true/false. consider a bond paying a coupon rate of 10% per year semiannually when the market interest rate is only 4% per half-year. the bond has three years until maturity.
Answers
Answer:
your answer would actually be false.
Explanation:
The statement provides insufficient information to determine if the bond is trading at a premium, discount or par value. Without knowing the bond's price, it is impossible to determine the yield to maturity (YTM), which is the true measure of the bond's return.
However, we can calculate the bond's coupon payments, which are fixed at 10% of its face value. Assuming a face value of $1000, each semiannual coupon payment would be:
Coupon payment = 10% * $1000 / 2 = $50
The bond has a total of 6 coupon payments (3 years x 2 semiannual periods per year), for a total of $300 in coupon payments over the life of the bond.
If the market interest rate is 4% per half-year, the bond's price may be higher than its face value (trading at a premium) because its coupon rate is higher than the prevailing market rate. Conversely, if the bond's price is below its face value (trading at a discount), the yield to maturity would be higher than 4%. If the bond is trading at its face value (par), the yield to maturity would also be 4%.
True. The bond's coupon rate of 10% per year semiannually is higher than the market interest rate of 4% per half-year. This means that the bond is offering a higher return than what is available in the market, making it an attractive investment. The fact that the bond has three years until maturity is not relevant to this question.
True. In this situation, the bond is paying a 10% coupon rate per year, which is equivalent to 5% per half-year (10% / 2). The market interest rate is 4% per half-year. Since the bond's coupon rate (5% per half-year) is higher than the market interest rate (4% per half-year), the bond will be priced at a premium, meaning it will be worth more than its face value. The bond has three years until maturity, which means it has six remaining half-year coupon payments (3 years * 2).
For more such questions on interest
https://brainly.com/question/28960137
#SPJ11
Which security project team role is filled by individuals who understand the organizational culture, existing policies, and requirements for developing and implementing successful policies
Answers
Answer:
Security Policy Developer
Explanation:
Security Policy Developer is described as personnel or role of a person who worked in a company and has the responsibilities of setting required rules and regulations, allows monitoring and investigations, for other users in the company.
However, to be able to do this, such personnel should understand the organizational culture, existing policies, and requirements for developing and implementing successful policies.
Therefore, the correct answer is the Security Policy Developer
Erin developed a new type of exercise equipment she calls the Tush N' Tone. After unsuccessfully searching for potential investors, she arranged a personal loan and borrowed additional money from her parents. Her willingness to continue believing in her idea and to remain enthusiastic shows that Erin is:
Answers
The Tush N' Tone is a brand-new piece of fitness gear that Erin invented. She set up a personal loan and took out a second loan from her parents after trying in vain to find investors. Erin demonstrates her propensity for self-nurturing by continuing to be enthused about and believe in her proposal.
Entrepreneurship is a challenge as well as a fantastic opportunity, and success requires a certain set of skills. Being an entrepreneur is something that can be done in any way. With time, experience, and training, traits and behaviors like experimentation, perseverance, and invention can be acquired.Why people start their own business?The freedom, satisfaction, and flexibility that being their own boss affords is the main motivation for the majority of people. To continue expanding their startups, entrepreneurs must embrace new technology and utilize it to their advantage.Learn more about Entrepreneurship
brainly.com/question/22477690
#SPJ4
What will be the nature of balance of trade if imports are of manufactured goods?
A)Neutral
b)Positive
c)Negative
Answers
Answer:
b). Positive
Explanation:
The nature of the balance of trade if imports are of manufactured goods is POSITIVE
Considering that Balance of trade is a term that is used to describe the difference between the imports and exports value of a country over a given period.
Hence, when a country manufactured goods instead of importing them, the balance of trade is believed to be Positive.
On the other hand, when a country imports goods instead of manufacturing them, the balance of trade is believed to be negative.
demands for greater corporate responsibility have accelerated today. they focus on issues such as group of answer choices labor standards and environmental sustainability. taxation. product benefits. service benefits.
Answers
The demands for greater corporate responsibility have accelerated today. they focus on issues such as labor standards and environmental sustainability.
The effects that a company has on society, the environment, and the economy are the subject of corporate responsibility (CR). A successful CR programme adds value to the organisation as a whole, benefits all stakeholders, and guarantees that the business runs sustainably.
The goal of corporate responsibility is to maximise the benefits to an enterprise's stakeholders while minimising any potential negative effects of its operations. As a result, corporate responsibility encompasses a wide range of concerns that must be considered when conducting business. This covers things like pay equity, human rights, the environment, fighting corruption, corporate governance, gender equality, workplace inclusion, consumer interests, and taxation.
Learn more about Labor here:
https://brainly.com/question/333305
#SPJ4
the purpose of an escrow account is to entrust deposit monies to an impartial fiduciary. prevent the buyer from withdrawing the offer. enable the principals to access the funds in escrow without interference from the other party. ensure that the broker receives her commission.
Answers
The purpose of an escrow account is to entrust deposit monies to an impartial fiduciary.
An escrow account is a financial account held by a third party, usually an escrow agent, on behalf of the transacting parties during a transaction. The primary purpose of an escrow account is to hold funds and important documents related to the transaction until all of the terms and conditions of the transaction have been met. The impartial fiduciary in charge of the escrow account ensures that the terms of the agreement are met by both parties before the funds are released. This provides a level of protection for both the buyer and seller, as well as any other parties involved in the transaction.
Learn more about Escrow account here:
https://brainly.com/question/28789257
#SPJ11
which risks do you think boxes-and-stuff might face?
Answers
Answer:
I think the risks boxes and stuffs might face is cracking or being destroyed through delivery time through transportation.
Explanation:
HOPE IT HELPS
Which of the following can a grocery store change in the long run?
A. the number of shelves, employees, and parking spaces in the parking lot
B. the type of grocery carts, magazine racks, and produce displays
C. the store location, sign on the storefront, and advertising on the media
D. all of the above
Answers
Answer:
I believe all of the above
Explanation:
went with what came to mind if its wrong very sorry.
A grocery store change, in the long run, is all of the above. Thus the correct option is D.
What is the importance of change?In order to remain in competition an organization needs to work on bringing change and innovation in the process as well as a product that helps them in achieving higher revenue by following trends and preferences.
If an organization adopts change frequently it shows its flexibility to cope with the demands of the market in order to meet the level of satisfaction of customers.
A grocery store that is planning to grow may eventually affect the number of shelves, staff, and parking places in the lot which helps in better services to their customers.
The design of the fruit displays, magazine racks, and grocery trolleys as well as the store's location, storefront sign, and media advertising can all help to increase sales and draw in more customers.
Therefore, option D is appropriate.
Learn more about the satisfaction of customers, here:
https://brainly.com/question/28387894
#SPJ2
In a city with rent-controlled apartments, all of the following are true except A. it usually takes more time to find an apartment than it would without rent control. B. apartments are often in shorter supply than they would be without rent control. C. apartments usually rent for rates lower than the market rate. D. landlords have an incentive to rent more apartments than they would without rent control.
Answers
In a city with rent-controlled apartments, landlords do not have an incentive to rent more apartments than they would without rent control.
Rent control is a form of price ceiling. A price ceiling is when the government or an agency of the government determines the maximum price of a good or service. A price ceiling is considered to be binding if it is below equilibrium price and it is considered non-binding if it is above equilibrium price.
Consequences of rent-controlled apartments
There would be shortages of apartments as demand would exceed supply. it leads to the development of black markets It reduces the price consumers pay for an apartment. This increases consumer surplus
To learn more about a price ceiling, please check: brainly.com/question/24312330?referrer=searchResults
Why is Chanel different in the way each business promotes itself?
Why is Gucci different in the way each business promotes itself?
Answers
The reason that Chanel is different in the way each business promotes itself is that Her clothing is made to be durable and worn for many years. Because of this, Chanel only employs the best craftsmen from Europe to create its products, using the best materials available.
The reason that Gucci is different in the way each business promotes itself is that Gucci, an elite Italian designer, only employs premium raw materials and advanced production techniques. Gucci also works with prominent fashion designers to produce items that are always in style.
How does Gucci set its products apart?The Business of Fashion claims that Gucci's marketing plan revolves around striking the ideal mix between fashion-forward products and timeless, essential items.
While making classic, always-in-style items, the Italian company keeps true to its brand heritage while updating crucial items to stay current with trends.
Therefore, Chanel sells its goods through a variety of distribution methods, including high-end supermarkets, multi-brand stores, e-commerce platforms, as well as those of exclusive retail locations.
Learn more about product promotion from
https://brainly.com/question/11131986
#SPJ1
3. Calculate the gain/loss and characterize the gain/loss for the following transactions that occurred in 2022 with respect to XYZ, Inc., an accrual basis, calendar year corporation (25pts) : a. Land that was held as an investment was sold on February 2, 2022 for $750,000. The land was originally acquired on March 1,2002 for $400,000 b. An excavator that was used in XYZ's business was sold on December 8,2022 for $50,000. The excavator was purchased on March 18,2019 for $190,000.$175,000 of depreciation expense was claimed against this asset (including the year of sale). c. An office building used by XYZ's business was sold on July 7,2022 for $350,000. The office building was purchased on April 1, 2001 for $275,000. $190,000 of S/L depreciation expenses was claimed against this asset (including the year of sale). Assume no purchase price was allocated to land with respect to this asset's purchase or sale. d. Inventory was sold on November 11,2022 for $60,000. This inventory was acquired on October 1,2022 for $25,000.
Answers
This transaction results in a gain of $35,000. It is characterized as ordinary income since it involves the sale of inventory.
In summary, the gain or loss and characterizations for each transaction are as follows:
a. Land: Gain of $350,000 (long-term capital gain)
b. Excavator: Loss of $35,000 (ordinary loss)
c. Office Building: Gain of $265,000 (long-term capital gain)
d. Inventory: Gain of $35,000 (ordinary income)
To calculate the gain or loss for each transaction, we need to determine the difference between the selling price and the adjusted basis (original cost minus depreciation). Let's calculate the gain or loss for each transaction:
a. Land:
Selling Price: $750,000
Adjusted Basis: $400,000
Gain/Loss = Selling Price - Adjusted Basis
= $750,000 - $400,000
= $350,000
Characterization: This transaction results in a gain of $350,000. It is characterized as a long-term capital gain since the land was held for more than one year.
b. Excavator:
Selling Price: $50,000
Adjusted Basis: $190,000 - $175,000 (depreciation)
Gain/Loss = Selling Price - Adjusted Basis
= $50,000 - ($190,000 - $175,000)
= $50,000 - $15,000
= $35,000
Characterization: This transaction results in a loss of $35,000. It is characterized as an ordinary loss since the excavator was used in XYZ's business.
c. Office Building:
Selling Price: $350,000
Adjusted Basis: $275,000 - $190,000 (depreciation)
Gain/Loss = Selling Price - Adjusted Basis
= $350,000 - ($275,000 - $190,000)
= $350,000 - $85,000
= $265,000
Characterization: This transaction results in a gain of $265,000. It is characterized as a long-term capital gain since the office building was held for more than one year.
d. Inventory:
Selling Price: $60,000
Adjusted Basis: $25,000
Gain/Loss = Selling Price - Adjusted Basis
= $60,000 - $25,000
= $35,000
To know more about gain/loss here: https://brainly.com/question/31455643
#SPJ11
"The country of bienmundo does not trade with any other country. its gdp is $30 billion. its government purchases $5 billion worth of goods and services each year and collects $6 billion in taxes. private saving in bienmundo amounts to $5 billion. what are consumption and investment in bienmundo?"
Answers
Answer:
Consumption in Bienmundo =$19bn
Investment in Bienmundo =$6bn
Explanation:
Formula for calculating private savings is ;
1. Private savings = GDP - Tax - Consumption
$5bn = $30bn - $6bn - Consumption
Consumption = $30bn - $6bn -$5bn
Consumption = $19bn
We will also use the formula for calculating GDP without export and import because Bienmundo does not trade with any other country
2. GDP = Consumption + Government expenditure + Investments
$30bn=$19bn + $5bn + Investment
Investments = $30bn -19bn - $5bn
Investments = $6bn
a market structure in which many producers supply similar but varied products. this structure isclosest to a perfefct competition
Answers
The market structure you are referring to is known as monopolistic competition. It is a market structure characterized by many producers supplying similar but varied products to consumers. In monopolistic competition, each producer has some degree of control over the price of their product, but there is also a high degree of competition among producers.
In monopolistic competition, producers differentiate their products through branding, advertising, packaging, or other means to make them stand out from their competitors. This product differentiation allows producers to have some control over the price and gives them a degree of market power. However, because there are many producers offering similar products, consumers have choices and can switch to alternative products easily, leading to intense competition.
Unlike perfect competition, where products are homogeneous and there are no barriers to entry or exit, monopolistic competition involves product differentiation and may have some barriers to entry, such as brand loyalty or advertising costs. Nonetheless, it shares some similarities with perfect competition, such as the absence of significant barriers to entry and the presence of many competing firms.
To know more about monopolistic refer here
https://brainly.com/question/54665850#
#SPJ11
During a period of inflation, firms using LIFO will have the: A. lowest cost of goods sold, the highest net income, and the lowest inventory value. B. highest cost of goods sold, the lowest net income, and the highest inventory value. C. lowest cost of goods sold, the highest net income, and the highest inventory value. D. highest cost of goods sold, the lowest net income, and the lowest inventory value.
Answers
Answer:
The answer is D.
Explanation:
For LIFO(Last in First out), its inventory value(that is, ending inventory) has lowest value because the ending value reflects the cost of earlier purchased inventory.
The cost of sales has the highest value because of the lowest value of the ending inventory.
And lastly, its net income will be at his lowest because of the highest cost of sales.
Explain the impact of strikes as a socio-economic issue on businesses.
Answers
Employment relationships between both parties could become strained and this could affect teamwork and profitability. Businesses suffer production and financial losses and consumer confidence is adversely affected.
You will need to pay a 15.3% self-employment tax if you earn $1,100 in a year... *
1 point
Babysitting your cousin’s kids
Screen printing and selling custom made t-shirts
Working at the local ice cream store
Interning at a local design company
Answers
Answer:
D interning at a local design company
Problem 6-8 A property is available for sale that could normally be financed with a fully amortizing $82,600 loan at a 10 percent rate with monthly payments over a 25-year term. Payments would be $750.59 per month. The builder is offering buyers a mortgage that reduces the payments by 50 percent for the first year and 25 percent for the second year. After the second year, regular monthly payments of $750.59 would be made for the remainder of the loan term. Required: eBook a. How much would you expect the builder to have to give the bank to buy down the payments as indicated? b. Would you recommend the property be purchased if it was selling for $5,000 more than similar properties that do not have the buydown available? Print 2.25 points
Answers
Therefore, the amount that the builder has to give to the bank is $490.80.
a. Calculation of the amount that the builder has to give to the bank: To calculate the amount that the builder has to give to the bank, we need to find the difference in payments for the first two years. The reduced payment in the first year is:$750.59 x 0.5 = $375.295 (rounded off to $375.30)So, the payment in the first year is $375.30.The reduced payment in the second year is:$750.59 x 0.25 = $187.6475 (rounded off to $187.65)So, the payment in the second year is $562.94.Now, the difference between the regular payment and the reduced payment for the first year is:$750.59 - $375.30 = $375.29Now, the difference between the regular payment and the reduced payment for the second year is:$750.59 - $562.94 = $187.65Now, we calculate the present value of the payment differences in the first two years with 10 percent interest: Year 1: 375.29 / (1 + 0.1) = $341.17Year 2: 187.65 / (1 + 0.1)² = $149.63.
Now, we add the present values of the payment differences to get the amount that the builder has to give to the bank: Amount to be given to the bank = $341.17 + $149.63 = $490.80. b. Recommendation on purchasing the property: The cost of the property with the buydown available is:$82,600 + $490.80 = $83,090.80The cost of similar properties without the buydown is:$82,600.
Since the cost of the property with the buydown is only $5,000 more than the cost of similar properties without the buydown, it may be worth purchasing the property with the buydown if the buyer can afford it or if the buyer prefers the lower payments in the first two years.
To know more about financing visit:
https://brainly.com/question/10024737
#SPJ11
Provide your reaction to the statement: "Employee benefits are
seen by employees are an entitlement for their membership in
companies or organizations." Explain your response.
Be sure to support your
Answers
Employee benefits are not universally viewed as entitlements by all employees. While some may perceive them as such, it is important to recognize that different individuals have varying perspectives on the matter.
Some individuals may hold the belief that benefits are inherent rights or privileges that come with their membership in a company or organization, it is not a sentiment shared by everyone. Many employees understand that benefits are provided as part of the company's compensation package and are based on policies, practices, and obligations. They recognize that benefits are not guaranteed entitlements but rather a result of the company's commitment to attracting and retaining talent, as well as creating a supportive work environment. Employees often value benefits as a form of recognition and appreciation for their contributions to the organization.
It is also important to consider that employees' perceptions of benefits can be influenced by various factors such as industry norms, job market conditions, and individual expectations. Some employees may indeed feel entitled to certain benefits based on their experiences or prevailing practices, while others may view them as valuable perks or incentives. Therefore, it is crucial to acknowledge the diversity of perspectives and understand that while some employees may see benefits as entitlements, many others appreciate them as significant components of their overall compensation package, demonstrating the company's commitment to their well-being and job satisfaction.
To learn more about employee benefits, Click here: brainly.com/question/18114583
#SPJ11
Dr. rahman has made a career out of studying mercy killing and new surgical options to extend life. she is most likely interested in?
Answers
Dr. rahman has made a career out of studying mercy killing and new surgical options to extend life. she is most likely interested in bioethics.
What is Mercy killing?
This is the type of killing that is intended to help a person to ease out of their suffering and their pains by facilitating their death through the use of a lethal injection or by other means. This could be due to the fact that a person is suffering from an incurable disease and has made a request for this.
Bio ethics is everything that has to do with this type of killing. It has to do with the legal and the social issues that may arise in the medical and the biological field.
Read more on bioethics here: https://brainly.com/question/14446674
#SPJ1
skills are the most important for accountants when presenting their
work to clients.
O A. Communication
O B. Multitasking
OC. Social media
OD. Math
Answers
visualizations are use to identify: (check all that apply). multiple select question. sources of cash sources of financing sources of customers investing activities
Answers
Visualizations are used to identify sources of cash, sources of financing, and sources of customers, but they are not specifically used to identify investing activities.
Visualizations are used to identify multiple aspects of the business. In the context of the terms provided, visualizations can be used to identify sources of cash, sources of financing, and sources of customers.
1. Sources of cash: Visualizations such as cash flow diagrams or graphs can help analyze and track the inflow and outflow of cash within a business.
By visualizing cash flows, businesses can identify the sources from which cash is generated, such as sales revenue, investments, or loans.
2. Sources of financing: Visualizations can also help identify the various sources from which a business obtains financing.
This can include equity financing, debt financing, or other forms of external funding. Visual representations, such as charts or diagrams, can assist in understanding the proportion and significance of each source of financing.
3. Sources of customers: Visualizations can aid in identifying the sources or channels through which a business acquires its customers.
By visualizing customer data, such as demographics or sales patterns, businesses can determine the effectiveness of different marketing strategies and target specific customer segments.
In summary, visualizations play a crucial role in identifying sources of cash, sources of financing, and sources of customers within a business.
They provide a visual representation that enables businesses to analyze and make informed decisions based on these key aspects.
For more such questions on Visualizations
https://brainly.com/question/29870198
#SPJ8
Addison Company experienced an accounting event that affected its financial statements as indicated below: Assets Stockholders' = Liabilities + Equity Revenue + Expense Net Income Stat + + +Which of the following accounting events could have caused these effects on Addison's financial statements? Multiple Choice O Collected cash from accounts receivableO Earned revenue on accountO Collected cash from accounts receivable O Earned revenue on account O Issued common stock O Earned cash revenue
Answers
The following accounting event that the Addison Company encountered had an impact on its financial statements: Assets Stockholders' = Revenue + Expense Net Income Statue + + +, The right response is earned income on account.
Explain Which accounting event appears on Addison's financial accounts as a result of earned revenue on account?The following accounting event appears on Addison's financial statements as a result of earned revenue on account.
Accounting is a term used to refer to the measurement, processing, and verbal transmission of economic and non-economic data about financial institutions such as corporations and agencies. Accounting, also known as the "language of business," measures the results of an organization's financial activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators.
Professionals in accounting include accountants. The terms accounting and financial reporting are frequently used synonymously. Tax accounting, fee accounting, financial accounting, and control accounting are only a few examples of the several categories into which accounting can be split.
To learn more about accounting visit:
https://brainly.com/question/25161518
#SPJ4
Which type of business does not hold owners accountable for the debts of
the business?
OA. Sole proprietorship
OB. LLC
OC. Partnership
A
OD. Private company
Answers
Answer:
Limited Liability Company (LLC)
Explanation:
A limited Liability Company (LLC) is a business structure in the United States that protects its owners from the personal responsibility for its repayment of debts and liabilities. It is a hybrid entity that has the characteristics of a corporation, partnership and sole proprietorship. The regulation of LLC's varies from one state to another. An entity or individual can be a member of an LLC with notable exceptions from banks and insurance companies. The primary reason for registering a business under LLC is to limit the personal liability of the owners as well as the partners. LLC may have some attractive features but they also possess some great disadvantages as well. Depending upon the state law, an LLC may be dissolved upon the death or bankruptcy of a member.
1.Why is GDP / Capita a more accurate way of determining the well-being of a people?
2.What is the difference between nominal GDP and real GDP?
3.How is economic growth the same as GDP? How is it different from GDP?
4. Explain the four phases of the business cycle
Answers
Answer:
1. GDP is an indicator of a society's standard of living, but it is only a rough indicator because it does not directly account for leisure, environmental quality, levels of health and education, activities conducted outside the market, changes in inequality of income, increases in variety, increases in technology. 2. Real GDP is accurate to hundreds of dollars; nominal GDP is accurate to thousands of dollars. 3. Nominal GDP is an assessment of economic production in an economy that includes current prices in its calculation. 4. The four stages of the cycle are expansion, peak, contraction, and trough. Factors such as GDP, interest rates, total employment, and consumer spending, can help determine the current stage of the economic cycle. Insight into economic cycles can be very useful for businesses and investors.
Explanation:
I hope this can help :)
Russell United has 28,500 shares of stock outstanding and has two open seats on its board of directors. Each share of common stock is granted one vote. How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting
Answers
Answer:
4,750
Explanation:
Calculation for How many additional votes are required to guarantee a seat on the board
First step is to Calculate for STRAIGHT VOTING
Using this formula
Additional Votes= ((Shares of stock outstanding/2)+1)
Let plug in the formula
Additional Votes=((28,500/2)+1)
Additional Votes=14,251
Second step is to calculate for CUMULATIVE VOTING
Using this formula
Additional Votes= ((Shares of stock outstanding/(Number of seats +1))+1)
Let plug in the formula
Additional Votes=((28,500/(2 +1))+1)
Additional Votes=9,501
Last step is to calculate How many additional votes are required
Using this formula
Additional votes =STRAIGHT VOTING additional vote-CUMULATIVE VOTING additional Votes
Let plug in the formula
Additional votes = 14,251-9,501
Additional votes = 4,750
Therefore How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting is 4,750