Iven that Jacob's chocolates had an owner the ending balance in the owner's capital account is $13,700.
What is the owner's capital account?The equity account that appears on a company's balance sheet is called an owner's capital account. It indicates the total ownership stakes that investors hold in a company. This account holds the owners' investment in the company as well as the net income it generates, which is then decreased by any draws made to the owners.
Given,
Investment =$4,000
Net Income =$10,000
Capital withdrawal =$300
Required to find ending capital account balance =?
Ending capital account balance = $4,000 + $10,000 - $300
Ending capital account balance = $13,700
The ending balance of the owner's capital account equals the beginning balance less any withdrawals, plus contributions, plus or minus any net gain or loss for the time. The balance at the conclusion of the accounting period is determined using this formula, which is updated annually.
Thus, the ending capital account balance is 13,700.
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from the following statements, select the one that describes the effect of withdrawals on owner's equity. multiple choice question. withdrawals cause assets to increase. withdrawals cause owner's equity to increase. withdrawals cause owner's equity to decrease. withdrawals have no effect on owner's equity.
correct option is Withdrawals cause owner's equity to decrease
Cash transfers from a firm to its owner are known as withdrawals by owner. These financial transfers decrease the amount of equity that remains in a company but have no effect on how profitable the company is. Withdrawals might happen when a business has extra cash on hand or when the proprietor needs the money right away for personal reasons.
Only the sole proprietorship and partnership business models provide this kind of withdrawal. For instance, a dividend payment would be necessary in order to transfer money to a corporation's investor. If income is generated, an owner may take money or other assets out of the company's assets. Withdrawals reduce assets and owner's equity, the reverse of what investments do to owner's equity.
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the measurement principle requires that a.amounts recorded in the financial statements be based on independently verifiable evidence b.the financial accounting standards board be fair and unbiased in its deliberations over new accounting standards c.accounting principles meet the objectives of the security and exchange commission d.business transactions be consistent with the objectives of the entity
We can actually deduce here that the measurement principle requires that A. Amounts recorded in the financial statements be based on independently verifiable evidence.
What is measurement principle?Measurement principle is actually known to require that are amounts be objective and at the same time verifiable. An amount that is verifiable is seen to be based upon independent, unbiased evidence.
Measuring principle is actually known as the method that is employed to target minimum price of securities which helps to determine entry and exit points.
Therefore, we see here that option A is correct answer.
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a market is a market for new issues of securities. a market is a market for already existing securities.
Market for new issues of securities is Primary Market and Market for already-existing securities is Secondary Market.
What is Secondary Market?
Investors can acquire and sell securities they already possess on the secondary market. Although stocks are also sold on the main market when they are originally issued, it is what most people refer to as the "stock market." For instance, rather than buying Apple stock directly from Apple, you would buy it through investors who already possess it. The acquisition would not involve Apple. In contrast to the debt securities, where investors exchange securities, the primary market and that's where equities are formed. Companies that conduct initial public offerings (IPOs) or other fresh bonds and stocks sales to the public do so on the main market (IPO)..
Therefore,
Market for new issues of securities is Primary Market and Market for already-existing securities is Secondary Market.
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true or false: game theory will yield predictions that are similar to reality because game theory is predicated on rational, profit-maximizing decisions by the players.
Game theory will yield predictions that are similar to reality because the game theory is predicated on rational, profit-maximizing decisions by the players. - False.
Game theory is a branch of applied mathematics that studies mathematical tools for strategic interaction among rational agents. The theory provides tools for analyzing situations in which parties, called players, make interdependent decisions. Due to this interdependence, the players are compelled to have a look at each player's possible decisions and strategies.
Game theory has got applications in all fields of social science, logic, computer science, systems science, and so on. In today's times, the theory is relevant to a wide range of behavioral relations. It is now considered a hypernym or a blanket term for logical decision-making science.
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Campaign finance laws are one way that legislators have attempted to limit and regulate the role interest groups play in american politics. What is the primary hurdle these efforts have faced?.
Campaign finance laws are one way that legislators have attempted to limit and regulate the role interest groups play in American politics. The Supreme Court has ruled that these organized interests are entitled to First Amendment rights.
What are Campaign finance laws?The money raised to support politicians, political parties, or policy initiatives and referendums is referred to as campaign financing, sometimes known as election finance or political donations. In the US, political fundraising is done through political parties, nonprofit groups, and political action committees. Another common phrase, "political finance," is used often due to its comprehensiveness. Political contributions to monies collected by political parties for general administrative objectives from private sources
There are significant costs associated with political campaigns, such as travel expenses for candidates and employees, political consultancy, and advertising. Campaign spending varies by location
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An economic model is developed from a set of assumptions about consumer behavior and predicts that people will buy less of a good the higher the price of the good. Empirical testing of this model would involve.
An economic model is a simplified description of truth, designed to yield hypotheses approximately financial behavior that can be examined. An important characteristic of an economic version is that it's far always subjective in layout due to the fact there are not any objective measures of monetary outcomes.
The handiest economic fashions use economic concepts to explain how changes in a single variable are tormented by modifications in others. The variable whose changes are explained is called an endogenous variable, at the same time as the only one whose adjustments cause the alternative to change to be exogenous.
The maximum economic model rest on a number of assumptions that are not completely realistic. as an example, retailers are regularly assumed to have perfect records, and markets are frequently assumed to be clean without friction. Or, the model can also miss troubles that can be crucial to the query being considered, inclusive of externalities.
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other things held constant, an increase in the cost of capital will result in a decrease in a project's irr. true false
Other things held constant, an increase in the expense of capital discount rate will result in a decrease in a project's IRR. If a project's NPV surpasses the project's IRR, then the project should be accepted.
What is IRR?The internal rate of return approach (IRR) Estimates a project by specifying the discount rate that correlates the present value of the project's future money inflows with the present value of the project's cash outflows. The IRR is the value rate where NPV equals 0. The internal rate of return (IRR) is a metric employed in economic analysis to estimate the profitability of potential assets.
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the primary purpose of managerial accounting is to prepare financial statements in accordance with a reporting framework (e.g. gaap).
The basic goal of managerial accounting is to help company managers determine how much it costs to obtain resources and convert them into sellable goods and services.
What is Managerial Accounting ?
Managerial accounting (also known as cost accounting or management accounting) is a branch of accounting concerned with the identification, measurement, analysis, and interpretation of accounting information in order to assist managers in making informed operational decisions.
Managerial accountants must analyze various events and operational metrics in order to translate data into useful information that can be leveraged by the company's management in making operational decisions.
There are no established regulations for managerial accounting; management is free to collect and utilize any information they want.
Financial accounting information, on the other hand, is created in accordance with a reporting structure (e.g. G.A.A.P.) and is largely used by external investors and creditors. These parties rely on financial data to help them decide whether or not to offer resources to the Company.
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Word count - 161 words
Freedom of ensures that entrepreneurs and private businesses are free to obtain and use economic resources to produce their choice of goods and services. True or false?.
Freedom ensures that entrepreneurs and personal businesses are unfastened to acquire and use financial sources to provide their desire for products and offerings is proper is true.
Businesses Walmart or widespread motors. The coronary heart of America, but, stays the small enterprise. Small agencies in your city may consist of accounting firms, eating places, nearby shops, and greater.
In a job, you earn an income, however commercial enterprise proprietors can earn profits and enjoy the earnings of their business whilst it's far successful. however, your earnings from the running activity are more reliable than incomes and profits from your commercial enterprise. if you come to work in a job, you get paid for your time.
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helena’s job at acme global involves measuring and evaluating job satisfaction and employee engagement. in other words, helena works in the specialty in hr. a. employee relations b. labor and industrial relations c. safety and security d. staffing
Helena works in the specialty in Employee relations .
Define employee engagement and job satisfaction with respect to Theory of Motives and Needs.Job satisfaction is an evaluation, whereas organizational culture is a description.It should be noted that maintaining employee engagement falls under the purview of the human resources department because it is essential to achieving organizational goals.
For instance, according to the idea of motives and wants, managers must make sure that every employee is completely committed to or enthusiastic about their work.According to this hypothesis, employee motivation is boosted if they are engaged in and enthusiastic about the work that motivates them.
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as the marketing consultant, you need to determine where to start investigating why the sales of cocoa cremes are so low in other parts of the country. what do you think you should do first?
Do market research to determine whether the consumer is aware of the brand or not.
This is the thing i'll do first.
A client is someone or a set who intends to reserve, orders, or uses bought items, products, or services primarily for private, social, family, family and comparable desires, not directly associated with entrepreneurial or business activities.
Consumer is so delicious with just the right flavors and is straightforward to prep in just …. mins with the handiest 5 elements. All you need is tomatoes, chile guajillo (non-compulsory but enormously endorsed!), garlic cloves, a piece of onion, and broth – it could be red meat, chicken or vegetable.
A person who buys and uses up goods. 2: a living aspect that ought to devour other organisms to gain electricity important for life. patron.
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the eu regulates taxes on internet sales and the amount of pollution differently than the u.s. government. u.s. companies doing business in the eu:
U.S. Companies doing business in the E.U. must comply with EU regulations when doing business in the European Union Only. hence, Option 3 is correct.
What are regulations?An established law is a regulation. Some administrative agencies in the government only have a limited amount of power to control behavior that falls under their purview. These organizations now have the power under the law to create and implement "regulations".
Regulation is the monitoring and control of a market or business by the government or a designated agency.
Therefore, when conducting business in the European Union alone, the United States must adhere to EU regulations. Option 3 is correct.
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The complete question/missing part of the question is attached below.
Each display in a marketing dashboard shows a ________, which is a measure of the quantitative value or trend of a marketing action or result.
identify the complete sentence. later, he called his portfolio manager. before you make financial decisions. whenever opening or using communication software.
The only complete sentence is "Later, he called his portfolio manager."
What is a phrase?A phrase can be defined as a group of words that forms the component of a clause and act together as a conceptual or grammatical unit. This ultimately implies that, a phrase typically represents an incomplete sentence.
What is a sentence?A sentence can be defined as a group of words or phrases that comprises a subject and predicate, which are typically used by a writer or speaker to convey a logical information about a subject matter to an audience (readers or listeners).
In this scenario, we can reasonably infer and logically deduce that the only complete sentence is "Later, he called his portfolio manager." because it comprises a subject and predicate.
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a nurse-manager is planning a performance appraisal of an employee who has a number of performance deficiencies. what is the best approach to the performance appraisal of this employee?
the best approach to the performance appraisal of this employee is by Recognizing the employee's strengths, focus on one or two key deficiencies, and create a long-term coaching plan.
What is performance appraisal in nursing management?
The examination of textual data revealed four key themes highlighting the issues with the clinical nurse performance rating system. These topics included issues with the setting, issues with the structure of the performance evaluation, issues with the process of the performance appraisal, and issues with the findings of the performance appraisal.
The mechanism for evaluating nurse performance has a number of issues. Some of these issues pertain to the organizational environment, while others have to do with the structure, operation, and outcomes of the performance review system. This approach has to be changed and revised if the ultimate purpose of performance evaluations is to provide high-quality patient care.
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Starbucks created the Starbucks College Achievement Plan that offers eligible
employees full tuition to earn a Bachelor's degree in partnership with Arizona State
University. This action represents the
dimension of social responsibility.
The aforementioned action represents the philanthropic activities dimension of social responsibility.
What is CSR?CSR is abbreviation for corporate social responsibility and it can be defined as a business organization's (company's) obligation to act in a manner that benefits and adds significant value to the society and the people living in the environment where it operates, and usually as it conduct its business operations.
Basically, corporate social responsibility (CSR) is typically focused on improving the society through any positive and beneficial means possible.
Corporate social responsibility requirements stages.Generally speaking, there are four different corporate social responsibility requirements stages and these include the following:
Financial and economic viability.Compliance with legal and regulatory requirements.Ethics, principles, and values.Philanthropic activities such as offering eligible employees full tuition, in order to enable them a Bachelor's degree.In this context, we can reasonably infer and logically deduce that the aforementioned action represents the philanthropic activities dimension of social responsibility.
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lee reed, marisa a. pagnattaro, et al., the legal and regulatory environment of business (18th or 19th edition mcgraw-hill irwin).
19th Edition of The Legal and Regulatory Environment of Business
By Julie Manning Magid, Daniel Cahoy, Peter Shedd, and Marisa Pagnattaro ISBN10: 1260734285 ISBN13: 9781260734287
An extremely dependable, simple-to-use online homework and learning management solution that incorporates cutting-edge adaptive tools and learning science to enhance student performance.
The Legal and Regulatory Environment of Business, 19th Edition, by Marisa Pagnattaro, Daniel Cahoy, Julie Manning Magid, and Peter Shedd is available for free download as an eBook, PDF, EPUB, and other digital formats. Detailed and scientifically thorough writing that is acceptable for use as a university reference. It's a requirement that both lecturers and students read this book. Book publishers have already worked for businesses. obtainable as a hardcover, paperback, and e-book. You have the option of paying for or using free digital formats.The English-language book, published on February 1st, 2021, was written by four scientists. This book has been translated into a number of different languages for distinct nations.
The totality of all external and internal influences on a business can be referred to as the business environment. It's important to remember that a firm can be impacted by both internal and external influences acting in concert. An external component that affects the internal environment of corporate activities, for instance, is a health and safety legislation. Additionally, you have no influence over some outside variables. These elements are sometimes referred to as external constraints. Let's examine some important environmental aspects.
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dubai works manufacturers angular contact ball bearings for pumps that operate in harsh environments. the company invested $2.4 million in a process that resulted in net profits of $760,000 per year for five consecutive years. what rate of return did the company make?
The rate of returns that the company made based on the investment that they made and the number of years that they spent would be 31.67%
What is meant by rate of returns?This is the term that is used to refer to the percentage change that would occur in the value of an investment.
How to solve for the rate of returnsRate of Return = Profit per year / Investment x 100
$760,000 / $2,400,000 x100 = 31.67%
The rate of returns that the company made based on the investment that they made and the number of years that they spent would be 31.67%
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during the 1890s, american businesses increased their investments in foreign markets, which made foreign affairs more important to their success. the creation of new and stronger international ties led to new markets for exports and better prices on raw materials. in addition, what other two factors changed american foreign policy in the 1890s
1) America extended its empire by establishing naval bases in the Pacific Ocean and expanding the navy.
2) Missionaries worked to increase the influence of Christianity and American democracy around the world.
What is naval bases?The Port Hueneme Construction Battalion Center was originally constructed as a temporary depot during World War II. The installation was initially built in order to prepare, supply, and stage the newly formed Seabees.
San Diego Naval Base
A third of the Navy's fleet stationed in the Pacific theater is based at Naval Base San Diego, a contemporary Navy installation. The right method to refer to the base is by its official name, which is Naval Base San Diego.
Lake China
A special combination of its co-located laboratories, ranges, and weapons test squadrons allows China Lake, home of the Naval Air Warfare Center Weapons Division, to efficiently deploy new weapon systems.
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mark pulley is an auditor at pulley and hurst, llc. if pulley's give year old daughter owns shares of stock in mcburgers corporation, then pulley is considered to have what type of interest in mcburgers corporation
Pulley is considered to have an direct financial interest in McBurgers Corporation.
What is a direct financial interest..??"A direct financial interest is a financial interest that is owned directly by an individual or entity, or which is under the control of an individual or entity, or which is beneficially owned through an investment vehicle or other intermediary."
Any source of income, or capital investment or other interest held by, an individual, partnership, or corporation or an individual's spouse, immediate family member or parent that could be influenced by performance or non-performance of duties under the contract.
Hence, direct financial interest is the answer.
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an appraiser adjusts the value of a property due to the poor condition of the roof shingles. this deficiency would be classified as
This deficiency would be classified as Physical Deterioration.
Physical deterioration is the loss of the physical performance of an asset because a long time. Efficiency in this context refers to the asset's potential to supply a number of capital offerings for a given quantity of inputs. It is a synonym for “put on and tear” or “ decay”.
Physical deterioration refers back to the loss in cost of real property assets because of the physical wearing out of a building. It may additionally describe the everyday put on and tear that homes experience as they age. For instance, the heating and cooling structures wear out at some point in the future.
Curable Depreciation is gadgets of physical deterioration or purposeful obsolescence which can be economically possible to treat. Financial feasibility is indicated if the value to remedy is the same as or less than the anticipated growth within the value of the property.
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you are writing a business letter. on the first line of the document, you type , and then you should .
correct answer is
today's date and press Enter 4 times
A business letter is a communication between two businesses, or between businesses and their clients, consumers, or other outside parties. The connection between the parties affects the letter's overall style. Business letters can be written for a variety of reasons, such as ordering goods from a supplier, pointing out a recipient's error, immediately responding to a request, expressing goodwill, or requesting direct information or actions from another party. Because it creates a written record that will last forever and is likely to be considered more seriously by the receiver than other kinds of communication, a business letter can be beneficial in some situations. The writing style is formal.
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________ are difficulties that inhibit the achievement of goals. For example, the lack of parking may be the main reason why a new restaurant is failing.
a market with many buyers and sellers - free entry and exit - and no externalities is called a(n) market. (enter only one word in the blank.)
A competitive market is one that has numerous buyers and sellers, free entry and exit, and no externalities.
What does it mean to say that a market is competitive?In a competitive market, neither a single consumer nor a single producer can have a significant impact on the market. Its response to supply as well as demand changes as shown by the supply curve, which depicts the quantity of a good.
Which market is the most competitive?It is a system that adjusts the supply chain in response to changes in market supply and demand. No single purchaser or seller does have the ability to have an impact on the market. A competitive market encourages producers to sell their goods at the going rate and customers to pay that rate.
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The annual cost of snow removal for streets and highways in the u. S. Is estimated to be about how much?.
The annual cost of snow removal for streets and highways in the U. S. is estimated to be about $2 billion. Thus, option C is correct.
What is snow removal?In order to allow for secure transport of individuals, snow removal is essentially the process of shoveling snow from the roads or pavements that have fallen.
According to the report, the United States spends around two billion dollars on the removal of snow from the streets or Highways.
As in their region, snowfall is a very common occurrence, which offer hinders the transportation of individuals or a business. Therefore, option C is the correct option.
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The question is incomplete, the complete question will be:
O $20 billion
$20 million
$2 billion
O $2 million
ingraham stoneworks has analyzed a proposed expansion project and determined that the internal rate of return is lower than the firm desires. which one of the following changes to the project would be most expected to increase the project's internal rate of return? multiple choice decreasing the required discount rate increasing the initial investment in fixed assets condensing the firm's cash inflows into fewer years without lowering the total dollar amount of those inflows eliminating the salvage value decreasing the amount of the final cash inflow
Condensing the firm's cash inflows into shorter periods without reducing their total amount.
Cash Flow
A cash flow is a payout (in a currency), particularly from one central bank account to another; the term 'cash flow' is primarily used to describe payouts that are expected to occur in the future, are thus uncertain, and must thus be forecasted with cash flows; a cash flow is defined by its time t, nominal amount N, currency CCY, and account A; symbolically, CF = CF (t,N,CCY,A). However, it is common to use cash flow in a broader meaning to describe (symbolic) payments into or out of a firm, project, or financial instrument. Cash flows are inextricably linked to the notions of value, interest rate, and liquidity.
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A business plan is a tool used by the federal government to determine how to strengthen the business sector through macroeconomics and microeconomics. True or false?.
False, because a business plan is a guide for what to do in the future. It serves as a roadmap or guide to help businesses focus and pursue success. Entrepreneur explains goals, steps and how a business can achieve success and create value.
For those of you who want to start a business, you should make a business plan carefully so that it has clear goals, whether in the short or long term. The reason is a business plan helps us to determine the right steps in a business. This starts from determining the market, seeking funding, estimating business income and expenses, and analyzing all risks that will occur along the course of the business.
Each stage that is passed must be processed with the right policy. In making policy, the business plan is one of the important supporting factors so that the target is not misdirected. So, broadly speaking, a business plan is a guide for you in running and developing a business, both personal and corporate.
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After designing the research project, the next step for the marketing researcher is to.
After designing the research project, the next step for the marketing researcher is to collect data.
The collection of data is the process of gathering and measuring information on variables based on the interest that exists in an established systematic fashion. This collection enables one user to answer research questions which are stated questions, hypotheses tests as well as evaluations of outcomes.
It is considered as a systematic process of gathering particular observations or measurements based on the selected topic. Whether we are performing research for the purpose of business, governmental or educational purposes, the technique of data collection allows us to gain knowledge in firsthand and those original insights to include in your research problem.
Since methods and aims may differ between various fields, the overall process included in data collection remains the same as in large conditions. Data collection methods are an important step because of how the information collected is used and the explanations derived from those, are used to generate as it is determined by the methodology as well as the analytical approach which the researcher applies.
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the development of – industries in the 1990s created an economic driver that diversified the revenue streams of the state away from reliance on the – industry
Answer:1) High-tech
2) Petroleum
Explanation:
The financial situation of Texas was heavily tied to the boom-and-bust cycles of the petroleum industry for much of the twentieth century.
The diversification of the Texas economy, including the growth of the high-tech industry, was largely caused by the oil bust of the early 1980s.
gayla quickly arranged to sell riha's car to a denver public school official; the signature on the auto's title assignment appeared to be riha's. she moved all riha's furniture and personal papers to her own home in denver and sold his house. she donated his art collection, valued around $19,000, to the denver art museum. she gave his books to loretto heights college in denver. gayla all his possessions.
Gayla arranged to sell Riha's car to a Denver Public School employee right away; Riha's name appeared to be on the car's title assignment. She sold Riha's property and relocated all of his furnishings and personal belongings to her Denver residence. She gave the Denver Art Museum his collection of artwork, which was valued at about $19,000. She donated his books to Denver's Loretto Heights College.
What has made the Denver Art Museum famous?It is renowned for its collection of American Indian art, as well as for The Petrie Institute of Western American Art, which is in charge of the Museum's Western art collection, and for its other collections, which total more than 70,000 unique pieces from all over the world and the centuries.
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