Jasper makes a $25,000, 90-day, 7 % cash loan to Clayborn Co. Jasper's entry to record the collection of the note and interest at maturity should be: (Use 360 days a year.)
A) Debit Cash for $25,000; credit Notes Receivable $25,000.
B) Debit Cash $25,437.50, credit Interest Revenue $437.50; credit Notes Receivable $25,000.
C) Debit Cash $25,437.50; credit Notes Receivable for $25,437.50.
D) Debit Notes Payable $25,000; Debit Interest Expense $1,750; credit Cash $26,750.
E) Debit Cash $26,750; credit Interest Revenue $1,750, credit Notes Receivable $25,000.
Answer:
B) Debit Cash $25,437.50; credit Interest Revenue $437.50; credit Notes Receivable $25,000.
Explanation:
Based on the information given Jasper's appropriate journal entry to record the collection of the note and interest at maturity should be:
Debit Cash $25,437.50
($25,000+$437.50)
Credit Interest Revenue $437.50
(7%*25,000*90 days/360 days a year =$437.50)
Credit Notes Receivable $25,000
(Being to record the collection of the note and interest at maturity)
Which statement best describes network security?
A. Network security means all information is open to the public, the network is not compromised, and everyone has access to the network.
B. Network security means personal information is kept safe, the network is not compromised, and only authorized users have access.
C. Network security means everyone has access to the network, the network is not compromised, and no one has authorization to use it.
D. Network security means everyone has access to the information, the network is not compromised, and only a handful of people are authorized users.
I believe Its B.
Answer:
B. Network security means personal information is kept safe, the network is not compromised, and only authorized users have access.
Explanation:
For a network to be secure, it means that, the network is not compromised and only authorised users have access to some of the personal informations that are kept safe on it.
For example, someone working on CIA would require high level clearance in-order to access their network due to the level of private and secure files stored in them. Such network is having secure point.
What kind of businesses are motivated to earn a profit
O Public
O Government
O Private
O Nonprofit
Answer:
government is the corret answer
Most business are established for the purpose of making profits that serve their customers by selling a product or service. Private business are motivated to earn a profit. Thus, the correct option is C). Private.
What is the difference between profit and non-profit Organisation?For-profit organization are those organization that operates with the goal of making money. Most businesses are based on the purpose of earning for-profits that serve the customers by selling the product or service.
Not-for profit organization refers to those organizations that does not operate for profits.The major purpose of the non-profit organization is to provide the service or benefit to the community with no intention of earning a profit.
The major sources of funding for the non-profit organization are primarily funded through donations, fundraisers etc. and for the profit organizations are the sale of goods and services.
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Write any two advantages of Netwosk
business
Select all that apply.
Which of the following questions would you expect to see on an interest inventory?
Would you enjoy playing soccer?
Do you enjoy music?
Do you like science experiments?
Would you enjoy reading a fashion magazine?
i think "do you enjoy music"
what is the most money you get in a job?
Answer:
it depends on the job but it is a Anesthesiologists
Answer:
I think being a rapper or being in the NBA OR NFL OR MLB
Explanation:
Vinnie (our friend in the video) had a lot of credit cards, and he did have fun with them! Then he nearly went broke. What was the main thing Vinnie did wrong?
A. he paid off his balance every month in full.
B. he always recorded his payments.
C. he used one credit card to pay other credit card bills.
D. he always paid on time.
He used one credit card to pay other credit card bills. Thus, option 'C' is the correct option.
What is a credit card?A credit card is a type of payment card that is given to customers (cardholders) to allow them to pay a merchant for products and services depending on the amount of debt they have accumulated (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges).
The card issuer (often a bank or credit union) establishes a revolving account and provides the cardholder with a line of credit from which they can borrow money to pay for purchases or receive a cash advance. Consumer credit cards and corporate credit cards are the two types of credit cards. The majority of cards are made of plastic. However, some are made of metal (stainless steel, gold, palladium, titanium), while some include gemstones embedded in the metal.
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What is suggestive selling? Have you experienced an example of this? If so, describe the experience. Why do restaurants use suggestive selling?
Answer:
Explanation:
Suggestive selling is when someone recommends a better version of the product which you are purchasing or even recommends another totally different product that may suit your individual needs better. Almost everyone has experienced this in some capacity before. For example, any time you go to a fast-food chain they always ask if you would like to increase the size of your order (super-size) for a small additional fee. This is suggestive up-selling, and companies do this because they make additional profit from these items that they are suggesting.
After noticing the difference between the two balances, you are concerned because you have a college loan
payment of $1225.00 that is due on Friday, and you won't be paid again until Monday. You expected to have at
least $1225.00 in your checking account to cover your loan payment, but the $1205.00 balance on your
statement suggests you don't have enough money. What should you do?
easy career class question..:)
Answer: people
Hope this helps
HELP PLEASE!!!!!!!!!!!!!!!!!
Answer:
Supply Curve will shift right. Indicates increase in supply.Explanation:
There will be an increase in supply as a result of this new battery and this would cause the supply curve to shift right.
This increase would come due to an anticipated increase in demand for electric cars. If the cars are able to go for longer, more people would demand them and so to capitalize on this, more producers will enter the market to satisfy this anticipated design thereby increasing supply.
Question 2 of 10
A start-up company that makes specialty parts for customizing automobiles
has had difficulty keeping track of products during and after the
manufacturing process. The company hires Ben to manage its storage,
shipping, and receiving. What method could Ben use to solve the inventory
problem?
A. Conducting focus groups to analyze the inventory problem
B. Setting up an intranet so employees in different departments can
share data
C. Using purchase orders and invoices to gather information
D. Labeling items with bar codes to scan each time an item moves
Answer: D. Labeling items with bar codes to scan each time an item moves.
Explanation:
Barcode technology has increasingly been utilized across various sectors and fields from biology and animal science to health. In business it has shown itself to be very useful and one of those ways is by Barcode Inventory Control (BIC).
With BIC, a good is tagged with a bar code as soon as it comes into the company as a raw material and as it goes through the production process, the bar codes will be scanned to show its progress. This will allow for an efficient and relatively easy method of keeping track of inventory through the production process.
Answer:
D. Labeling items with bar codes to scan each time an item moves.
Explanation:
took the quiz
Should I CHoose business or sciences
Answer:
business would probably have more future opportunities but honestly whichever one you think you might actually wanna do in the future
signed a contract to work for Acme Global. The contract described the terms of her employment, including her pay and benefits. Angelica signed a(n) ________________ contract.
Answer:
Express.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, etc.
An express contract can be defined as a type of contract in which the terms binding on the two parties are either explicitly stated in writing or orally, or a combination of both.
In this scenario, Angelica signed a contract to work for Acme Global. The contract described the terms of her employment, including her pay and benefits. Thus, Angelica signed an express contract because the exchange of promise is stated explicitly in writing and it's a legally binding agreement on the two parties (employer and the employee).
You consider that when organizing as a corporation, you will pay taxes at the corporate level (21% tax rate) and when dividends are distributed to owners (15% tax rate). Instead, you organize as a partnership and pay taxes only at your personal rate (24%). Approximately, how much do you save? (Round to the nearest percent.)
Answer:
9%
Explanation:
Calculation for how much do you save
Using this formula
Percentage saved=Personal rate -Dividend rate
Let plug in the formula
Percentage saved=24%-15%
Percentage saved=9%
Therefore how much do you save is 9%
One of the roles of government in a free market system is to: a.Market ideas freely b.Finance companies c.Foster competition d.Warn companies of impending dangers
Answer: foster competition
Explanation:
A free market system is an economic system whereby the individuals and the firms control the market and resources are allocated based on the demand and the supply of the goods and services.
One of the roles of government in a free market system is to Foster competition. The government makes policies which helps to prevent certain producers from having too much power and enable there is a level playing ground for everyone.
What percentage of employees in the marketing industry have been victims of discrimination?
A. 15%
B. 30%
C. 45%
D. 60%
Answer:
Answer is B. 30%
Explanation:
The percentage of employees in the marketing industry have been victims of discrimination is. 30%
For the month of September, Florida, Inc., incurs a direct materials cost of $12,000 for 7,500 gallons of strawberry lemonade produced in its Mixing Department. It also incurs conversion costs of $6,000 with 80% completed. If the direct materials cost per equivalent unit was $0.90 in August and the conversion cost per equivalent unit was $1.15 per gallon in August, what is the difference in the direct materials cost per equivalent unit between the two months
The difference in the direct materials cost per equivalent unit between the two months is $0.70
What is direct materials cost?
Direct material cost is the cost of the raw materials and components used to create a product.
First, we need to calculate the direct cost per equivalent unit in September.
Direct cost per equivalent unit
= Total Cost / Total Equivalent units
= $12,000 / 7,500
= $1.60
Also,
Difference between the two months.
September - August
= $1.60 - $0.90
= $0.70
Therefore, the difference in the direct materials cost per equivalent unit between the two months is $0.70
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Complete this statement. Food service gloves
Answer:
Should be put on after washing hands with soap and water
Food service gloves are an essential tool in the food industry, providing a critical barrier between food handlers and the products they prepare and serve.
These gloves are typically made from materials like latex, nitrile or vinyl that ensuring a hygienic and safe environment for food handling. The use of gloves helps prevent cross-contamination, safeguarding against the transfer of harmful bacteria and viruses.
The food service gloves offer protection for employees, reducing the risk of skin contact with potential allergens or irritants. Proper glove usage, regular changes and hand hygiene practices are crucial to maintaining food safety standards and ensuring customer well-being.
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What is an advertising mix?
a. choosing the right demographic to be your target customer
b. creating an advertising budget and a subsequent plan
c. choosing multiple advertising media to deliver your message to the target customer
d. focusing on conveying the benefits of the product before discussing its features
Answer:
C
Explanation:
Beliefs about what is ethical serve as a moral compass to guide behaviors of individuals
and companies.
w
Your answer:
O True
O False
please help!!!!!!!!!!!
Answer:
(1) Customers rating a new car model on social media - External info
(2) Company info
(3) External info
(4) Company info
Explanation: Company information is basically explaining information abt the product or what it is they're selling. External information is the feedback or in other terms "review" on a companies item. Hope this helped <3
(The #'s are the examples in the boxes starting from left to right btw)
Identify four economic benefits of hosting a rugby world cup
Answer:
yes ,i think that answer
creating a budget is about your wishes and hopes for what you want your income to be.
True
False
Answer:
False.
Explanation:
Creating a budget is not about your wishes and hopes for what you want your income to be, but must be done by having a realistic perception of the income and expenses that each person has from month to month. In this way, you can project responsibly, avoiding incurring debts or other negative consequences.
A single team member can affect the morale of the whole team.
True
False
Libel is a defamatory or hurtful remark told about someone to others, and slander is when this remark or comment is broadcast over the TV, radio, printed in a publication, or forwarded to others on the Internet.
Answer:
This is false.
Explanation:
The statement in the question interchange the meanings of the two terms. The correct definitions are therefore given as follows:
Libel is can be described as a written or published false statement about another person that damages their reputation unjustly.
Slander refers a spoken false statement about another person that damages their reputation unjustly.
Based on the definitions above, the statement in the question can be correctly rewritten as follows:
Slander is a defamatory or hurtful remark told about someone to others, and libel is when this remark or comment is broadcast over the TV, radio, printed in a publication, or forwarded to others on the Internet.
Answer:
FALSE
Explanation:
i got it right
Jocasta owns an apartment complex that she purchased 6 years ago for $750,000. Jocasta has made $50,000 of capital improvements on the complex, and depreciation claimed on the building to date is $128,700
Answer:
$671,300
Explanation:
Calculation to determine Jocasta's adjusted basis in the building.
Adjusted basis =[$750,000-($128,700 - $50,000)]
Adjusted basis=$750,000- $78,700
Adjusted basis = $671,300
Therefore Jocasta's adjusted basis in the building will be $671,300
The _____ motive encourages entrepreneurs to start businesses, expand existing one, create new products or improve existing ones, and/or improve production processes to use resources efficiently.
1.)profit
2.)price
3.)none of the above
It is the 1) profit motive that encourages entrepreneurs to start businesses, expand old businesses, create new or improve products and production processes for efficient use of resources.
What is the profit motive?The profit motive describes the economic incentive that drives the activities and decisions of entrepreneurs.
Thus, it is not price that motivates entrepreneurs but profit.
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Define local technology .
a source of internet, or WIFI that's close to you. Local= near Tech= phones, computers, etc.
Student aid is based on either financial need or _____ need.
merit-based
academic
social
emotional
Answer:
merit-based
Explanation:
Financial aid takes many forms, and most often does not need to be paid back.. merit based need is based on academic excellence
