The statute established that the written contract must be signed by both parties and present the essential terms and conditions of such contract.
What is the statute of frauds?Under a contract, it is a requirement that some contracts must be memorialized in writing and signed by both party with sufficient evidence to enforce the contract.
In conclusion, the statute of frauds made it necessary that the written contract must be signed and present the essential terms and conditions of such contract.
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19. Which medium has the advantage of moving images, sound, and portability in business?
*
(1 Point)
Newspapers
Transit Media
Internet
Radio
Answer:
Internet
Explanation:
Newspapers can be online, but they are originally on paper, transit media is on billboards or the sides of cars, and the radio is definitely not it.
Prepare the adjusting entry to record bad debts under each separate assumption.
a. bad debts are estimated to be 4% of credit sales.
b. bad debts are estimated to be 3% of total sales.
c. an aging analysis estimates that 7% of year-end accounts receivable are uncollectible.
The preparation of the adjusting entries to record bad debts for Hawke Company under each separate assumption are as follows:
A) Bad Debts $169,790 Allowance for Doubtful Accounts $169,790
B) Bad Debts $189,173 Allowance for Doubtful Accounts $189,173
C) Bad Debts $102,935 Allowance for Doubtful Accounts $102,935
Data and Calculations:A) Allowance for doubtful accounts = $142,320 ($3,558,000 x 4%)
Bad Debts Expense = $169,790 ($142,320 + $27,470)
B) Allowance for doubtful accounts = $161,703 ($3,558,000+ $1,832,100 x 3%)
Bad Debts Expense = $189,173 ($161,703 + $27,470)
C) Allowance for doubtful accounts = $75,465 ($1,078,074 x 7%)
Bad Debts Expense = $102,935 ($75,465 + $27,470)
Question Completion:On December 31, Hawke Company reports the following results for its calendar year. Cash sales Credit sales
$1,832 100 $3,558,000
In addition, its unadjusted trial balance includes the following items. Accounts receivable $1.078.074 debit
Allowance for doubtful accounts $27,470 debit.
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which situation is an example of skimming?
a) pop-up windows on a computer asking for you pin
b) a retailer scanning your credit card to steal its number
c) bank statements stolen from your garbage
d) a phone call from someone pretending to be a bank employee
Answer:
B.) a retailer scanning your credit card to steal its number
Explanation:
Which three ideas are true in a basic research study? (Select all that apply.)
research expands knowledge
research is for a specific problem
research is aimed at the future
research finds new opportunities
Answer:
research finds new opportunities
research is aimed at the future
research expands knowledge
Explanation:
A major stockholder of a corporation is most likely to be a(n) ________ in the initial sale of securities who also has power over the issuer in such sales.
A major stockholder of a corporation is most likely to be the controlling person in the initial sale of securities who also has power over the issuer in such sales.
Who is a Stockholder ?A stockholder, also referred to as a shareholder, is a person, company, or institution that owns at least one share of a company's stock.
This stock which is owned by the stockholder is referred to as Equity.
The stockholders are the owners of the company and provide financial backing in return for potential dividends over the lifetime of the company.
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The form which must be filed when an employer withholds federal income tax and FICA taxes is: multiple choice Form 940 Form 941 Form W-2
It should be noted that Form 941 is required to be filled when federal income tax and FICA taxes is been withheld by employer.
What is Form 941?Form 941 serves as the form that is used to determine the amount of taxes that someone is owning.
Therefore, Form 941 requires identification number when filling it and it should be filled by employee.
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A ________ system tracks all communications between the company and the customer, the purpose of each communication, and any necessary follow-up.
Through effective ______, people can successfully resolve conflicts and create positive change. problem-solving strategies management communication
People can successfully resolve conflicts and create positive change through effective communication.
What is communication?Communication refers to the process of sending across message from the sender to the receiver. It is the act of transfering information from one person to another
Various means of communications are:
FaxTelexEmailPhoneHence, people can successfully resolve conflicts and create positive change through effective communication.
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Economic growth is also correctly called Choose one: A. real GDP growth. B. real per capita GDP growth. C. nominal per capita GDP growth. D. inflation. E. nominal GDP growth.
Answer:Real GDP growth.
Explanation:
_____ means transmitting information across functional boundaries in an organization to align all functions with customer expectations.
Which of the folloiwng is an example of direct finance?
A) an individual applies for a mortgage through a mortgage bank
B) a muncicipality sells muncipal bonds to investors
C) an individual deposits funds into a savings account at his credit union
D) a small business opens a line of credit form a commerical bank
Answer:
i believe the answer is B) a muncicpiallity sells muncipal bonds to investors.
Explanation:
I hope this is correct and it helps you!
-Justin:)
Answer:
B.
Explanation:
Just took the test.
To ensure the completeness of a business message, a writer should.
What does a membership organization have that a nonmembership organization does not?.
What a membership organization have that a nonmembership organization does not have is members from the public sector.
What is a public sector?public sector serves as a portion of the economy which entails all levels of government and government-controlled enterprises.
This sector doesn't encompass private companies as well as voluntary organizations, and households.
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Take It All Away has a cost of equity of 10.78 percent, a pretax cost of debt of 5.43 percent, and a tax rate of 40 percent. The company's capital structure consists of 76 percent debt on a book value basis, but debt is 36 percent of the company's value on a market value basis. What is the company's WACC
Answer:
Take It All Away has a cost of equity of 10.78 percent, a pretax cost of debt of 5.43 percent, and a tax rate of 40 percent. The company's capital structure consists of 76 percent debt on a book value basis, but debt is 36 percent of the company's value on a market value basis.
Explanation:
What is the company's WACC?
8.07%
10.68%
8.85%
9.44%
6.41%
What product does the united states export the most to pacific basin countries?.
Answer:
i think soybeans
Explanation:
Leading categories include: soybeans ($9.7 billion), corn ($9.1 billion), beef and beef products ($7.6 billion), pork and pork products ($5.8 billion), and prepared food ($4.6 billion). U.S. exports of services to APEC were $320.2 billion in 2018, up 3.4% ($10.4 billion) from 2017, and up 67 percent from 2008.
David realizes that he needs money to start a bookstore. If he decides to
obtain funds through debt financing, what will his company have to do?
A. Collect government sales tax
B. Pay its workers
C. Pay funds to more than one owner
D. Pay loans
If David decides to obtain funds through debt financing, the company would have to D. Pay loans.
What happens when debt financing is used?When a company uses debt financing, it means that they are borrowing money from institutions and investors in the form of loans.
As time goes on, they will have to pay back these loans which includes the amount they borrowed and some interest.
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True or false: Every time land is sold, the line item for the sale of land in the investing activities section of the Statement of Cash Flows will equal the change in the asset account on the balance sheet.
Of the 9 elements suggested by the SBA to be contained in a business plan, how many are solely focused on financial factors?
Two elements in a business plan that are solely focused on financial factors are the Funding Request and the Financial Projections sections.
What is a business plan?A business plan is a strategy document that contains the following information about a business:
Mission statementFirm's product or serviceCompany's leadership teamCompany's leading employeesCompany's locationFinancial informationGrowth plans.According to the SBA, the business plan must contain the following nine elements:
Mission StatementDate of business commencementNames of founders and their functionsNumber of employees and location of the business, including branches or subsidiariesDescription of plant or facilitiesProducts manufactured/services renderedBanking relationships and information regarding current investorsSummary of company growth including financial or market highlightsSummary of management's future plans.Thus, the two elements in a business plan that are solely focused on financial factors are the Funding Request and the Financial Projections sections.
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The level of difficulty a manufacturer experiences in getting retailers to purchase its products is determined by the degree to which the channel is:.
The difficulty level that a manufacturer experiences in getting retailers to purchase its products is determined by the degree to which the channel is vertically integrated.
What is vertical integration?It should be noted that vertical integration simply means the process of acquiring business operations towards identical production.
In this case, the difficulty level that a manufacturer experiences in getting retailers to purchase its products is determined by the degree to which the channel is vertically integrated.
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the life isnurance policy in which dealth benefits last a lifetime but premiums are all paid after a specified time period is an
The life insurance policy in which death benefits last a lifetime but premiums are all paid after a specified time period is a limited-pay whole life policy.
In project procurement management, obtaining seller responses, selecting sellers, and awarding contracts is part of the _____ process.
In project procurement management, obtaining seller responses, selecting sellers, and awarding contracts is part of the closing process.
What is Management?
This refers to the overseeing and supervision of people working under a person to achieve a common goal.
Hence, we can see that in project procurement management, obtaining seller responses, selecting sellers, and awarding contracts is part of a business process which is known as the closing process.
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BP ignored some safety regulations in order save $1 Million per day on the Horizon Deep Water Drilling Platform. How much did those violations end up costing the company
Ignoring some safety regulations in order save $1 Million per day. The amount that those violations end up costing the company is $100 Billion.
What is safety regulation?Safety regulation can be defined as a set of rules and regulation that an employees are mandated to follow so as to prevent work hazard.
Based on the given scenario ignoring the safety regulation so as to save $1 million per day will cost the company $100 Billion.
Which is why companies made it compulsory for employees to follow the saftey standard set so as to ensures that employees work in a safe and conducive environment .
Inconclusion the amount that those violations end up costing the company is $100 Billion.
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What is the main function of a business?
Which advantage of incorporating is most applicable? What are other advantages of organizing as a corporate entity? First answer which advantage of incorporating is most applicable in protecting Bob's personal assets?
1) One advantage of incorporating that is most applicable in protecting Bob's personal assets is liability protection.
2) Other advantages of organizing as a corporate entity include:
Use of professional managersBusiness security and continuityEasier access to capital.What is liability protection?Liability protection refers to the protection offered to members of an incorporated entity, unlike an unincorporated entity.
Members of an incorporated entity enjoy limited liability because their personal assets cannot be used to settle the liability of the corporation.
Thus, one advantage of incorporating that is most applicable in protecting Bob's personal assets is a limited liability or liability protection.
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If you were to make $9.00 per hour and worked 36 hours over the past two weeks, what would your gross income be on your paycheck?
Assuming you were to make $9.00 per hour .What your gross income will be on your paycheck is $648.
Gross incomeUsing this formula
Gross income=Earning per hour×Numbers of hours worked×Number of weeks
Where:
Earning per hour=$9.00 per hour
Numbers of hours worked=36 hours
Number of weeks=2 weeks
Let plug in the formula
Gross income=$9.00 per hour×36 hours×2
Gross income=$648
Inconclusion your gross income will be on your paycheck is $648.
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In exchange for ________, preferred stockholders often relinquish voting rights; dividend preference. voting rights; liquidation preference over creditors. dividend preference; voting rights. dividend preference; liquidation preference over common stockholders.
In exchange for liquidation preference , preferred stockholders often relinquish voting rights; dividend preference. voting rights; liquidation preference over creditors.
What is liquidation preference?This is a term that is used to refer to the shareholders that may get to be paid first in the event of a liquidation of assets.
The preferred stakeholders would be the ones that would receive their money first in the face of such.
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Which statement is NOT true?
A. Local banks offer commercial real estate loans.
B. Local banks offer automobile loans to the government.
C. Local banks offer unsecured loans.
D. Local banks offer residential mortgage loans.
E. Local banks offer educational loans.
Explanation:
The Answer Is C. That's It
Question: leadership style and conflict
if kim took a vote to decide who should be on the team and made everyone part of the decision, what leadership style would she have, what are the benefits of this style on team psychology, and how might this style impact the team in managing conflict?
The type of leadership style described in the given scenario is known as participative leadership.
What is Leadership?This refers to the act of being responsible for the actions and activities of a group of people.
Hence, participative leadership would have a good psychological impact on the people because their input is asked which means that everybody's opinion matters.
Please note that your question is incomplete so I gave you a general overview to help you get a better understanding.
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A pollution charge gives the trucking industry an incentive to reduce its emissions, as long as the ___ of reducing the emissions is ___ .
A pollution charge gives the trucking industry an incentive to reduce its emissions, as long as the marginal cost of reducing the emissions is less than the tax.
What is a negative externality?
Pollution consistutes a negative externality. This is because the cost of pollution is greater than its benefits to third parties not involved in the activity that generates the population. A way to reduce pollution is to enact a pollution charge.
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This matrix _______ the view of the CFOs because _______. A. supports; there is an incentive to cheat on the agreement because the cheater will earn a greater economic profit B. does not; the firms make the greatest profit when they comply with the agreement
The matrix support the view of the CFOs because there is an incentive to cheat on the agreement because the cheater will earn a greater profits.
Who is chief financial officer?The chief financial officer serves as the senior executive responsible for managing the financial actions of a company.
Conclusiosively, The support view of the CFOs is because there is an incentive to cheat on the agreement between parties.
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