The expanded accounting equation is Assets = Liabilities + Common Stock - Dividends + Revenues - Expenses.
We know that, basic accounting equation is
Assets = Liabilities + Equity
and,
Equity is Capital plus Retained earnings while Retained earnings is Revenue minus Expenses minus Dividend
so, we can combine these formula, the we get
Assets = Liabilities + Capital + Revenue - Expenses - Dividend
that can be write as
Assets = Liabilities + Common Stock - Dividends + Revenues - Expenses.
The assets of the business are originally equal to the owner's contribution since we view the business as a separate legal entity from the owner.
When the corporation can no longer expand solely on the basis of equity, we then borrow money from other sources, and assets equal liabilities plus equity.
The net result of business activities is profit or loss, which either increases equity or decreases equity. Revenues come in and costs go out.
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What are the 2 components of price?
The combination of supply and demand forces in a market determines price. Demand and supply are symbols for how eager consumers and producers are to engage in buying and selling.
The sum of money that one party exchanges for goods or services from another is known as the price; it is almost never negative. Depending on the situation, the term "production cost" can take on many different meanings. Setting a price is the process of determining the value that a manufacturer will receive in exchange for services and products. A pricing strategy is used to change product costs in a way that is advantageous to both the producer and the consumer. The act of determining a value for a good or service is known as pricing, as it is employed in economics and finance. Pricing, then, is the process through which a company determines the price a client must pay for a good or service.
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la cocina, a nonprofit organization, mentors low-income and immigrant women entrepreneurs. it helps them launch and develop their food-related businesses by offering them kitchen space and technical assistance. la cocina is an example of a(n)
A cocina is an example of venture capital. The money given by investors to tiny or start-up firms with significant development potential is referred to as venture capital.
What do you mean by venture capital?Venture capital (VC) is a type of private equity and a form of finance that investors offer to start-up enterprises and small businesses with the expectation that they would see long-term growth.The usual sources of venture capital include wealthy investors, investment banks, and other financial institutions.Is venture capital a startup?Venture capital (VC) is a type of private equity that provides funding for early-stage startups and developing businesses with little to no operating history but high growth potential. In exchange for funding, managerial experience, and technological help, startup businesses sell ownership holdings to venture capital funds.A cocina is an example of venture capital. The money given by investors to tiny or start-up firms with significant development potential is referred to as venture capital.
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What did New Deal farm programs want to accomplish?
The Agricultural Adjustment Administration (AAA) was a crucial New Deal project that restored agricultural profitability during the Great Depression by limiting farm productivity, reducing export surpluses, and raising prices.
What were the objectives of the New Deal programs?The three goals of the New Deal were assistance, restoration, and reform. By introducing assistance, bread lines, and jobs, the president aimed to immediately help people in need. The objectives of recovery were to fix the economy and put an end to the Great Depression.
Since President Roosevelt's advisors believed that a slowdown in the farming business was to blame for the economic crisis, a significant element of the New Deal was created to help farmers.
Under the New Deal, did farmers experience a paradigm shift?The AAA, a component of Roosevelt's New Deal, indicated a change in the direction of governmental agriculture policy. The AAA used its constitutional tax and spending authority to control agricultural productivity. It signaled a new duty on the part of the federal government to enhance economic wellbeing, along with other New Deal measures.
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The CVP income statement classifies costs as variable or fixed and computes a contribution margin.TRUEFALSE
The statement is True. The CVP income statement classifies costs as variable or fixed and computes a contribution margin.
A CVP or cost-volume-benefit income statement has a similar data as a more traditional income statement, however is intended to show the impacts of changes in expenses and volume on the benefit of a business. It is utilized as a device to permit the executives to settle on conclusions about such things as item blend, selling costs, and best utilization of creation offices.
The CVP traditional income statement is for inner utilize just, and the specific configuration will rely upon the business necessities. Normally, costs are named either variable or fixed costs, and sums are attracted to show contribution margin on a business and unit premise.
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Question 1 / 11 Owner distribution is a(n) account. liability asset expense O equity
Owner Distributions in Partnership Equity Accounts Owner distributions, also known as owner draw accounts, show the total amount of money taken out of the company by the owners. Distributions represent a deduction in company assets and equity.
1. Assets: They are two types of tangible and intangible items that the company owns that have value like cash, computer systems, and patents.
2. Liabilities: money that the company owes to others example: mortgages, and vehicle loans.
3. Equity: That portion of the total assets that the owners or stockholders of the company fully own; have paid for outright.
4. Revenue or income: money that the company earns from its sales of products and services, and interest and dividends earned from marketable security.
5. Expenses: Money the company spends to produce the goods and services that it sells example: office supplies, utilities, and advertising.
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p-7-2. Rock Castle Construction-Collections on Accounts Receivable The management of Rock Castle Construction wants a listing of collections on accounts receivable (Received Payments) in excess of $5,000 for last year (01/01/2021 to 12/31/2021). The listing is to be sorted by invoice date from earliest to latest and is to include only the following three columns in the order listed, from left to right: Customer, Collection Amount, and Collection Date. The total of collections on the listing should be included. The schedule should have proper headings and your name. Export the information to Excel to complete the requirement. You may need to edit some of the column headings after exporting to Excel. Required Prepare and print a list of the cash receipts from collections on accounts receivable in the format requested by management.
The cash receipts from collections on accounts receivable in the format requested by management is given in the image below.
What is the cash receipts?A cash receipts journal is a specialized accounting journal that serves as the main entry book in an accounting system to track the sales of items when cash is received, by crediting sales and debiting cash and receipt-related transactions.
The most significant advantage of a cash receipt is the accuracy of the accounting records that support the existence of recording transactions.
Therefore, the format of list of the cash receipts from collections on accounts receivable are given below.
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Can a fixed interest rate be changed?
Answer: If your account has a fixed rate, the bank can still change your rate, but there are limits on when it may do so and notice requirements: The bank generally cannot change your rate during the first year after the account was opened.
Explanation: goggle
What is the best tool for financial control?
Quicken is the best tool for financial control.
Financial controls are the procedures, policies, and methods that an organisation uses to monitor and control the direction, allocation, and utilisation of its financial resources. Financial controls are at the heart of any organization's resource management and operational efficiency.
The balance sheet, income (profit and loss) statement, and cash flow statement are the three finance controls that provide a thorough and accurate financial position of a business. It is essential for managing cash flow, budgeting, and preventing fraud. Financial control enables the company to evaluate variances generated on previously established strategic and operational lines in a consistent, objective, and systematic manner.
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What happens to interest rates during a recession?
The Federal Reserve may cut interest rates during a recession in an effort to boost economic growth and promote borrowing and lending.
By lowering interest rates, individuals and companies may find it more affordable to borrow money. This may encourage more spending and investment, which would eventually help to boost the economy. In contrast, the Federal Reserve may increase interest rates during periods of the economic boom in order to control inflation and stop the economy from overheating.
It's important to remember that there are other factors besides the Federal Reserve that might affect interest rates. Interest rates can be influenced by economic and market factors as well.
For instance, investors may be prepared to lend money at lower interest rates if they are optimistic about the economy. Investors may, however, request higher interest rates in order to make up for the increased risk if there is uncertainty or danger in the economy.
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What is a feature of Accenture's myNav platform?
Feature of Accenture's myNav platform is infer from this that the Internet of Things is the technology that, when used in conjunction with Agile and DevOps, will let the team receive real-time feedback (IoT).
The practical application of science, as demonstrated in study and experimentation to develop solutions for the enhancement of living, is known as technology.The state of technology is always evolving. Every aspect of life has seen significant technological improvement.
The following shows the part of the question and the available answers:
An already-existing online ticketing platform has received a new feature from a US-based Accenture Technology team. The team wants other international teams utilizing different instances of the platform to evaluate the new feature. Which technology will enable the team to obtain real-time feedback when paired with Agile and DevOps?Cloud Artificial Intelligence Robotics Internet of Things (IoT)Internet of Things is the right response, thus. It can put out a device that would enable the team acquire real-time feedback by connecting other internet-connected devices.
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zippy had cash inflows from operating activities of $70,500; cash outflows from investing activities of $55,000; and cash inflows from financing activities of $33,000. the net change in cash was:
The term "cash inflows" refers to all such actions that result in money entering the business.
How to calculate cash inflow?Net change is the difference between a security's closing price for a given trading period and its closing price for the current trading session.
The term "cash inflows" refers to all such actions that result in money entering the business. Finding out how cash affects various sorts of cash inflows and outflows is the primary goal of the cash flow statement.
The term "net change" for stock prices often refers to a daily time frame, therefore the net change for the specific day in question might be either positive or negative.
The net cash flow equation, conceptually, is the sum of a company's total cash inflows minus its total cash outflows. The three different categories of cash flows are operating, investment, and financing cash flows.
Therefore, the answer is the net change in cash was $49,500 increase.
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Which two quality practices apply to agile teams?
Establishing flow, peer review and pairing are two quality practices applied to agile teams.
What Is an Agile Team?A group of employees, employees-to-be, or independent contractors in charge of managing an Agile project make up an Agile team. Agile teams usually work side by side and are free from other projects' responsibilities during the project's schedule. An Agile team must have every member required to produce the final good or service. The team is frequently cross-functional, and depending on the project's requirements and the kind of Agile framework used, roles will change. When using the Scrum framework, for example, an Agile team should have a Scrum master, a product owner, and any other required team members. The scrum master, who is typically the project manager, oversees the project, encourages teamwork, and plans regular meetings. The product owner is in charge of ensuring that the final product meets the needs of the customer. They aren't frequently thought of as being a part of the Agile team, though. Other stakeholders and subject matter experts may provide feedback on the project as needed.
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What are the two main purposes of tariffs?
Answer: collect revenue and protect domestic businesses
Explanation:
Do you need a Social Security card to open a bank account?
The social security number is not necessary to open a savings account or check account.
What are the many sorts of banks?A financial entity with permission to accept deposits and issue loans is known as a bank. Retail, professional, and investment banks are just a few of the several sorts of banks. The governing party or central bank controls banking in the majority of the world's nations.
The function of a bank?Although banks do a variety of tasks, their main responsibility is to collect money from those who have money—known as deposits—pool it, and then lend them to people who need money. Banks act as middlemen between depositors (who provide the bank with funds) and customers .
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What provide services on account? A. Account payable, B. Service revenue, C. Account receivable, D. Cash Is debit to allowance for uncollectible accounts stand for adjustment for uncollectible accounts at year-end? Under the allowance method, which of the following does not change the balance in the Accounts receivable account? A. Return on credit sales. B. Collections on customer accounts. C. Bad debt expense adjustment. D. Write offs
Offer account journal entry services When a business offers service on account, it commits to working for the client initially and anticipates receiving money later. It involves the credit selling of a service.
The services may be rendered for immediate cash payment or, more frequently, on account with an invoice due from the client later. The term "trade accounts receivable" or "trade debtor" refers to the amount of money owing by the client to the company as a result of the invoicing of services on account. Services for Pay. When a firm offers its services to a client, service income is produced. The services might be offered in exchange for instant payment in cash .
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What procedures do you follow to protect classified information while working on it?
You will discover in this course the precautions you and your business need to take to secure classified information from theft or compromise.
Which protocols do you adhere to in order to safeguard confidential or sensitive information?You must alert the security personnel or the information custodian of it. Never let the information sit in an unattended state. You have three options for handling the information: carrying it with you, giving it to the appropriate person, or locking it away in a secure location before telling the appropriate people.
Why is it crucial to safeguard classified information?Damage could occur at any classification level. Compared to secret and top-secret papers, which will harm the nation's security or wealth, official documents may have a more widespread negative impact.
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3. Biz Builder Business Plan:
Complete business plan section 2.0, Mission, Vision and Culture: A, B C & D sections- for your specific business. Be sure to write as a narrative than just simply answering the questions. Remember your audience.
Biz Builder:
A. Write a mission statement for your organization in 21 to 40 words that clearly states your competitive advantage, strategy and tactics.
B. Create a vision statement for your organization.
C. Describe the core beliefs you will use to run your organization and how they will be reflected in its culture.
D. Identify the ways you plan to run a socially responsible organization.
A. Our organization's mission is to provide high-quality, innovative products and services that exceed our customers' expectations.
Our competitive advantage is our commitment to continuous improvement and our focus on customer satisfaction.
Our strategy is to always invest in research and development to stay at the forefront of our industry, and our tactics include building strong relationships with our customers and partners and using data-driven decision making to guide our actions.
What is our vision statement?B. Our vision is to be the leading provider of hair product in fashion and air industry and to be recognized as a trusted and respected partner by our customers and stakeholders.
C. At our organization, we believe in quality human hair. These values will be reflected in our culture through [specific actions or behaviors that demonstrate these values, such as a focus on ethical decision making or a commitment to ongoing learning and development.
D. As a socially responsible organization, we plan to work with NGOs , such as partnering with local organizations to address social issues, implementing environmentally-friendly business practices.
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can you provide your availability for 2 pm tuesday (2023/1/3), and 2 pm wednesday(2023/1/4) to discuss this further?
my availability for 2 pm tuesday I can work just about whenever you need me to because I am adaptable. I simply can't wait to get on board and pitch in when I'm most needed. Why It Functions This response or one similar to it could be used with full-time, part-time, or shift work.
What best sums up your availability?
Briefly describe the reasons why your schedule is not completely open. Unless your interviewer requests more information, you do not need to go into detail. If certain days or times don't work for you, let them know. Then let them know that you are available and prepared to assist them whenever they need you.When are you available for an interview?
Open availability makes it simpler for the recruiting manager to organize an interview because it signifies that your calendar is clear of any upcoming conflicts. Open availability in the context of employment refers to your prospective work schedule.
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What formula to must be used if two sides and non-included angle are given in an oblique triangle?
The Law of Cosines can be used to calculate the length of the third side of an oblique triangle when two sides and the non-included angle are given.
What is Law of Cosines?The law of cosines is a mathematical theorem used to calculate the lengths of the sides of a triangle when the angles and one side are known. It is also used to find the angle between two sides of a triangle when the length of the sides are known. The law states that in a triangle, the square of the length of the longest side is equal to the sum of the squares of the other two sides, plus twice the product of the two sides multiplied by the cosine of the angle between them. This theorem can be expressed mathematically as c2 = a2 + b2 – 2abcos(C). This theorem is also known as the cosine rule, and it is a generalization of the Pythagorean theorem, which is used for right triangles. The law of cosines can be used for other shapes, such as ellipses and circles, and it can even be used to calculate the area of a triangle when the lengths of three sides are known.
This is represented by the formula:
c^2 = a^2 + b^2 - 2abcos(C)
where c is the length of the third side, a and b are the lengths of the other two sides, and C is the non-included angle.
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What are the 4 sprint events?
The scrum master and the scrum team must adhere to a repeating procedure known as a sprint cycle over the duration of a sprint.
Sprint Planning: Stakeholders and the development team meet down for the sprint planning session to decide on the sprint goal.
Daily Scrum: Project managers or scrum masters may remain up to date on all of the team member's activities and progress by attending the daily standup.
Sprint Review: The agile team presents their work to stakeholders and other team members at the review session.
Sprint Retrospective: At the conclusion of a sprint cycle, the team discusses what went well and poorly and offers suggestions for how to improve the following sprint. It's a chance to grow from your errors and improve the sprint cycle.
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What ribbon command on the Home tab can you use to change a cell fill color automatically Linkedin?
The concept mentioned is Conditional formatting. It is used to make patterns and trends in data in the excel sheet.
Conditional formatting it is normally used for forming or designing patterns and trends in your data more apparent. To use it, you produce rules that determine the format of cells grounded on their values.
Tentative formatting is used to change the appearance of cells in a range grounded on your specified conditions. The conditions are rules grounded on specified numerical values or matching textbooks.
tentative formatting makes it easy to punctuate certain values or make particular cells easy to identify. This changes the appearance of a cell range grounded on a condition( or criteria). You can use tentative formatting to punctuate cells that contain values that meet a certain condition.
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Which pharma companies are using blockchain?
Companies like Pfizer, Johnsons & Johnson, Sanofi, etc., use blockchain technology.
A decentralised ledger that tracks digital transactions across networks is provided by blockchain technology. As additional blocks are added to it, a secure record of every transaction is continuously growing. Several businesses are utilising blockchain, including:
Pfizer collaborates with blockchain startup chains to monitor prescription drug distribution and lower the likelihood of drug fraud.Blockchain is being used by Johnson & Johnson to increase traceability and supply chain efficiency.Sanofi is tracking the distribution of clinical trial samples using blockchain technology.In order to increase the effectiveness of clinical trials and supply chain management, Novartis is investigating the usage of blockchain.Read more about blockchain on:
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How do you inform the customer about delivery lead time?
The concept mentioned is Delivery lead time, which is the time between when the order is placed and delivered. The answer is, by sending a transactional e-mail.
Delivery lead time is the amount of time it takes to complete a specific process. It helps by far by telling a company how far in advance it needs to place an order for the delivery to arrive on time.
It's one of the most important criteria for managing force chains and inventory. However, the client should be the first to know, If a payload is no longer anticipated to arrive during the original delivery period.
In the case of shipping detention, we suggest that you shoot a transactional dispatch to let your guests know the possible time they will admit their order.
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What are 2 examples of opportunity costs?
Answer: time spent studying and that money to spend on something else and a business owner wants to add a new product to the lineup
Explanation:
Companies process credit and debit card transactions internally.
True or False.
Companies process credit and debit card transactions internally.
The statement is false.
The sum of the transactions is charged to the cardholder's account by the issuing bank.A consumer enters their debit card information to complete a purchase. A card terminal device is used to swipe, tap, or dip the card. Your point-of-sale system (POS system) reads the card information from this transaction and sends the information to the client's card processing network (Visa, MasterCard, etc.).Retailers provide their payment processor batches of approved transactions. The payment processor delivers transaction data to the card associations, who then work with the network's issuing banks to arrange the appropriate debits.To know more about Credit card here
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What benefits did the TVA provide?
Answer:
Explanation:
This act of May 18, 1933, created the Tennessee Valley Authority to oversee the construction of dams to control flooding, improve navigation, and create cheap electric power in the Tennessee Valley basin
What is the role of performance monitoring tools list and explain any one performance monitoring tools?
The role to performance monitoring tools are used to measure, monitor, analyze, and optimize the performance of an application or a system.
What is tools?Tools are objects used to make work easier or faster. Tools are used to carry out specific tasks and can range from simple implements such as knives, spoons, and hammers to complex machines, such as computers, robots, and aircraft. Tools are important because they enable us to do tasks more efficiently and accurately.
Performance monitoring tools are used to measure, monitor, analyze, and optimize the performance of an application or a system. They are used to detect issues in the system and in the application, such as memory leaks, slow performance, and poor user experience.
One example of a performance monitoring tool is Datadog. Datadog is a cloud-based performance monitoring tool that allows you to monitor the performance of your application and system in real-time.
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at december 31 riverbed corporation had a deferred tax liability the deferred tax liability is the corporation's 2026 current tax expense what amount should riverbed report as total income tax
The amount should riverbed report as total income tax is 4%
What is Income tax?The word "income tax" refers to a category of tax that governments levy on revenue produced by organisations and people under their control. Taxpayers are required by law to file an income tax return each year in order to establish their tax liabilities.Governments receive funding from income taxes. They are used to pay for debts owed to the government, fund public services, and supply residents with goods. Many states and municipal governments, in addition to the federal government, also demand payment of income tax. In order to support the Civil War's funding, the United States enacted the first income tax in 1862. The tax was eliminated following the war, but after the Revenue Act of 1913 was passed, it was reintroduced.To learn more about income tax refer to:
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Many organizations offer laid-off employees outplacement services including:
O Reimbursement for College Tuition
O Continuation of Benefits
O Career Counseling
O Internal Job Posting
Many organizations offer laid-off employees outplacement services including Career Counseling. Hence, option c is appropriate.
What is the meaning of Career Counselling?
A service called career counseling aids individuals in starting, changing, or advancing their careers. It may involve one-on-one discussions here between a counselor and just a job seeker as well as tests, exercises, and projects aimed at assisting job seekers in maximizing their skills.
Periodically evaluating the evolution of career trajectories is aided by career counseling. It aids in your ability to comprehend and articulate your own objectives. This demonstrates to the company that you have a passion for. You can keep this drive and develop into the person you set out to be with the aid of career counseling.
Hence, option C is correct.
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What are some strategies you can use to help maintain the stakeholders commitment and involvement throughout a project's duration?
Conduct a stakeholder analysis, Ensure engagement from leaders and Present benefits for each stakeholder group are some strategies you can use to help maintain the stakeholders commitment.
A party with an interest in a business and who may have an impact on or be impacted by it is referred to as a stakeholder. Investors, workers, clients, and suppliers make up a typical corporation's main constituencies. The idea has now been expanded to encompass communities, governments, and trade groups due to the growing focus on corporate social responsibility. Internal and external stakeholders are both possible for a company. People who have a direct interest in a firm, such as through employment, ownership, or investment, are said to be internal stakeholders. Those who do not directly work for a company but are still impacted by its decisions and results are known as external stakeholders. External stakeholders include vendors, borrowers, and civic organisations.
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