Caroline owns a real estate rental activity that produces a loss of $65,000 during the current year.
Complete the statement below regarding the circumstances that would allow Caroline treat the entire loss as nonpassive.
If Caroline is a real estate professional who performs more than [____] hours of service in the real estate rental activity as a participant and that participation constitutes half of her personal services for the year, she can treat the entire $65,000 as nonpassive.

Answers

Answer 1

If Caroline is a real estate professional who performs more than 750 hours of service in the real estate rental activity as a participant and that participation constitutes half of her services for the year, she can treat the entire $65,000 as nonpassive.

Real estate refers to property in the form of land and all that is permanently connected to it, including buildings, fences, and other items attached to the structure. Real estate can be classified into several categories. It is also referred to as property or immovable property.

Personal services are a range of services provided by a person or company to assist individuals in meeting their personal needs. Personal services are frequently provided to assist people in their everyday lives, such as house cleaning, landscaping, child care, and personal grooming, among other things. Personal services are frequently non-taxable to the individual who receives them, however, they may be taxable to the provider.

Learn more about Real Estate: https://brainly.com/question/1155381

#SPJ11


Related Questions

minerva, who owns a small accounting firm, pays $3,000 to the local country club for food and entertainment for her annual employee holiday party. how much of the $3,000 in meals and entertainment cost can minerva deduct?

Answers

Minerva can deduct up to 50% of the $3,000 in meals and entertainment costs for her annual employee holiday party. According to the IRS, "you can deduct only 50 percent of your business-related entertainment expenses, including meals."

Minerva can deduct 50% of the cost of the meals and entertainment she provided at her employee holiday party as a business expense. Therefore, she can deduct $1,500 ($3,000 x 0.5) on her tax return. It is important to note that there are limitations and rules that apply to business entertainment expenses, so it is recommended that Minerva consult with a tax professional to ensure that she is correctly claiming the deduction and complying with all applicable tax laws.

Learn more about Savings: brainly.com/question/15279000

#SPJ11

If the export value of American educational institutions is more than twice that of America’s top agricultural export, and supports 455,000 jobs, we can conclude that
Multiple Choice
A. exports of higher education represent an important component of the U.S. economy.
B. exports of higher education are paid for in foreign currencies effectively bypassing EXIM bank requirements.
C. American universities have been recruiting foreign students to the detriment of U.S. students.
D. exports of higher education will continue to grow without export assistance.
E. U.S. taxpayer dollars are being spent in foreign countries rather than domestically.

Answers

The export value of American educational institutions is more than twice that of America's top agricultural export and supports 455,000 jobs. As a result, we can conclude that exports of higher education represent an important component of the U.S. economy. The correct option is (A).

Exports of higher education represent an important component of the U.S. economy because the export value of American educational institutions is more than twice that of America's top agricultural export, which supports 455,000 jobs. In 2015, 974,926 international students attended American colleges and universities, contributing $35.8 billion to the economy in the form of tuition, room and board, and other expenses. For each job supported by foreign students, three jobs are created or supported, according to NAFSA.

The correct option is (A).

Learn more about Exports: https://brainly.com/question/21897468

#SPJ11

a tool that is increasingly used by service providers to minimize the heterogeneity between those who deliver the service is to employ

Answers

Service providers, to minimize the heterogeneity between those who deliver the service, employ the tool of standardization.

What is standardization?

Standardization is a tool used by service providers to minimize the heterogeneity between those who deliver the service. It's done to provide a consistent service experience to customers, regardless of who is delivering the service or where it is delivered.

Standardization entails developing specific processes and protocols that all service providers must follow when delivering a service. It helps to reduce the likelihood of human error, ensure service consistency, and enhance the quality of the service.

Additionally, it ensures that all customers receive the same level of service, regardless of which service provider they engage with or where they are located.

Learn more about standardization here:

brainly.com/question/28347178

#SPJ11

if money is neutral, what does this imply about the use of monetary policy? monetary policy is more effective in the short term than the long term. mechanisms should be introduced to ensure that the federal reserve is making sound decisions. monetary policy can influence the price level but cannot be used to encourage economic growth.

Answers

If money is neutral, it implies that monetary policy cannot be used to encourage economic growth. This means that monetary policy can influence the price level but not the real GDP.

The monetary policy is more effective in the short-term than the long-term. So, it should be used as a short-term tool to adjust the economy. Monetary policy is a tool used by the government to stabilize the economy. If money is neutral, it means that changes in the supply of money have no impact on the economy's real GDP. Hence, the government cannot use monetary policy to stimulate economic growth by increasing the money supply. Instead, monetary policy can only influence the price level by increasing or decreasing the demand for goods and services.

In the short run, changes in the money supply can impact the economy's price level. However, in the long run, changes in the money supply cannot influence the economy's real GDP. Hence, monetary policy should be used as a short-term tool to adjust the economy. Mechanisms should be introduced to ensure that the federal reserve is making sound decisions. The federal reserve is responsible for implementing monetary policy. As such, it is important to ensure that the federal reserve is making sound decisions when implementing monetary policy. To achieve this, mechanisms such as transparency, accountability, and public oversight should be introduced to ensure that the federal reserve is making sound decisions.

Learn more about monetary policy https://brainly.com/question/28114721

#SPJ11

an investment will pay you $97,000 in four years. assume the appropriate discount rate is 7.75 percent compounded daily. what is the present value?

Answers

The present value of an investment paying $97,000 in four years, assuming the appropriate discount rate is 7.75 percent compounded daily, is $74,953.20.



The present value of an investment is the current worth of a future sum of money or stream of cash flows given a specified rate of return. This can be calculated by discounting the future cash flows back to the present day. The discount rate is the interest rate used to calculate the present value.


In this case, the investment will pay $97,000 in four years, and the appropriate discount rate is 7.75 percent compounded daily. To calculate the present value, we need to calculate the present value of each of the future cash flows using the discount rate.

We can use the formula PV = FV / (1 + r)^t, where PV is the present value, FV is the future value, r is the interest rate, and t is the time period.

In this case, the FV is $97,000, r is 7.75%, and t is 4 years. Using this formula,

the present value is $74,953.20. Therefore, the present value of an investment paying $97,000 in four years,

assuming the appropriate discount rate is 7.75 percent compounded daily, is $74,953.20.


To know more about present value of an investment refer here:

https://brainly.com/question/20344604#

#SPJ11

Select the correct version of each pair of the following sentences.1-a. Local markets have become saturated companies now look to other countries for further expansion.1-b. Local markets have become saturated, so companies now look to other countries for further expansion.2a. If you can write well; you can represent your company well.2b. If you can write well, you can represent your company well.3a. Employees today aren’t hired only for their knowledge. Their ability to learn new things is also vital.3b. Employees today aren’t hired only for their knowledge, their ability to learn new things is also vital.4a. The communication process works fluidly. It moves from one step to the next often without pause.4b. The communication process works fluidly it moves from one step to the next often without pause.5a. To ensure clear communication; use precise words to convey your ideas.5b. To ensure clear communication, use precise words to convey your ideas.

Answers

The correct version of each pair of sentences is as follows

1-b. Local markets have become saturated, so companies now look to other countries for further expansion.2b. If you can write well, you can represent your company well.3b. Employees today aren’t hired only for their knowledge, their ability to learn new things is also vital.4b. The communication process works fluidly; it moves from one step to the next often without pause.5b. To ensure clear communication, use precise words to convey your ideas.The Explanation to Each

The correct version is 1-b because it includes a conjunction 'so' to show the causal relationship between the two clauses.The correct version is 2-b because it includes a comma to separate the two independent clauses.The correct version is 3-b because it includes a comma to separate the two independent clauses.The correct version is 4-a because it includes a period to separate the two independent clauses.The correct version is 5-b because it includes a comma to separate the introductory phrase from the independent clause.

Using appropriate punctuation, such as commas or periods, can help clarify the relationship between ideas and make the writing more effective. In some cases, conjunctions can also be used to link ideas and show the connection between them.

Learn more about punctuation https://brainly.com/question/1224394

#SPJ11

bill has discovered a method for purifying drinking water that also cleans the air. bill needs financial capital to produce and market his invention. consider the graph of the market for financial capital. use this information to answer the questions. how much financial capital will bill borrow and invest on his own?

Answers

The amount of financial capital that Bill will borrow and invest on his own would be $ 20 million.

How to find the amount invested ?

The point that would show the amount that Bill would borrow and invest to be able to market his own invention, would be the point where the Supply curve intercpts demand curve for Bill.

Looking at the graph on the rate of return in the market for financial capital , this point would be $ 20 million to the rate of return of 5 %. Bill will therefore ( all else being equal ) borrow and invest $ 20 million.

Find out more on financial capital at https://brainly.com/question/17150141


#SPJ1

prepare a schedule of cost of goods manufactured. assume all raw materials used in production were direct materials. 2. prepare a schedule of cost of goods sold. assume that the company's underapplied or overapplied overhead is closed to cost of goods sold. 3. prepare an income statement.

Answers

To prepare a schedule of cost of goods manufactured and cost of goods sold, as well as an income statement, begin by gathering all necessary information, such as beginning and ending inventory, direct materials used, and overhead costs.

To prepare the schedule of cost of goods manufactured:

Start with the beginning raw material inventory and add direct material used to get total raw material available for use.Then subtract the ending raw material inventory to get raw material used in production.Add the cost of the raw material used in production to the cost of labor and overhead to get the total manufacturing cost.Subtract the ending work-in-process inventory from the total manufacturing cost to get the cost of goods manufactured.

To prepare the schedule of cost of goods sold:

Start with the beginning finished goods inventory and add the cost of goods manufactured to get total goods available for sale.Subtract the ending finished goods inventory to get the cost of goods sold.Add any underapplied or overapplied overhead to the cost of goods sold.

To prepare the income statement:

Start with the net sales and subtract the cost of goods sold to get the gross profit.Then subtract any operating expenses, such as administrative and selling expenses, to get the operating income.Lastly, subtract any non-operating expenses or gains to get the net income.

Learn more about cost of goods and income statement here:

brainly.com/question/29671806

#SMJ11

the asked yield for a $10,000 face amount treasury bill 36 days from maturity is quoted as .032%. what will you pay to buy the bill now?

Answers

the person will pay $9,997 for the Treasury bill now.

Treasury Bills are government issued notes that mature in one year or less than one year. A Treasury Bill has a minimum face value of $1,000 and in increments of $1,000.The formula to find the Treasury bill price is :

TBill Price = 100 – (Discount rate × TBill Term ÷ 360)

So, the price of a Treasury bill that has a face value of $10,000 and has 36 days left to maturity would be: Discount rate = 0.032% = 0.00032TBill Term = 36 daysPrice = 100 – (0.00032 × 36 ÷ 360) = 99.968 or 99.97 (rounded off)The price of the treasury bill would be 99.97. Therefore, the person will pay $9,997 for the Treasury bill now.

Answer: $9,997

To know more about Treasury bill:

https://brainly.com/question/29633937

#SPJ11

(3 pts) a stock index currently stands at 350. the risk-free interest rate is 8% per annum (with continuous compounding) and the dividend yield on the index is 4% per annum. what should the futures price for a four-month contract be?

Answers

The futures price for a four-month contract should be  357.10.

The futures price is the price that two parties agree upon in a contract (known as a futures contract) for the sale and delivery of the item at a future date.

To calculate the futures price, we can use the formula:

[tex]F= S_{0} * e^{a-b} *T[/tex]

where:

F = futures price

S₀ = current index level

a= risk-free interest rate

b = dividend yield

T = time to expiration in years

Plugging in the given values, we get:

[tex]F= 350 * e^{0.08-0.44} *\frac{4}{12}[/tex]

[tex]F= 350 * e^{0.0133[/tex]

F = 357.10 (rounded to two decimal places)

Therefore, the futures price  should be approximately 357.10.

Learn more about future price at https://brainly.com/question/14751187

#SPJ11

the government of the country excel provides a large number of grants for scientists to research new technologies and other processes. this action would

Answers

The government of the country Excel provides a large number of grants for scientists to research new technologies and other processes. This action would Promote economic growth by technological advances

What is the government  about?

The government of the country Excel providing a large number of grants for scientists to research new technologies and other processes is likely to have several positive effects on the country's economy, technological advancement, and overall progress.

Economic Growth: The research and development activities that result from these grants can create new industries and businesses, leading to economic growth and job creation. The development of new technologies can also increase productivity and efficiency, which can contribute to economic growth.

Technological Advancement: The grants will enable scientists to conduct research on new technologies and processes that may have been difficult or impossible to fund otherwise. This can lead to technological advancements in areas such as medicine, energy, and transportation, among others.

Read more about government here:

https://brainly.com/question/1078669

#SPJ1

See full question below

The government of the country Excel provides a large number of grants for scientists to research new technologies and other processes. This action would Promote economic growth through technological advances. Increase productivity through capital deepening. Reduce productivity as research is less productive than the addition of capital. Increase human capital and economic growth.

in budgeting, variance is: group of answer choices a measure of the degree of dispersion of a distribution about its mean value. the difference between a realized value and a budgeted, or standard, value. the percentage decrease in volume that can occur without causing the organization to lose money. the difference between operating profit and total profit. the difference between total revenues and total costs.

Answers

In budgeting, variance is the difference between a realized value and a budgeted, or standard, value (option B).

In the context of budgeting, variance is the difference between a budgeted, or standard, value and a realized value. The variance is a quantitative measure of the degree of deviation between budgeted or expected outcomes and actual outcomes of a situation, process, or event. It is the numerical representation of how far apart actual performance or results are from the expected or budgeted performance or results.

Variance is calculated as the difference between an actual value and the standard or budgeted value. In other words, variance is a measure of the degree of dispersion of a distribution about its mean value.

Dispersion measures in budgeting: Dispersion measures are essential components of budgeting. Budgets serve as a guide for the allocation and use of resources to achieve the goals of an organization. Dispersion measures, such as variance, help management to understand how actual results compare to budgeted results, making it easier for them to plan and make decisions about resource allocation in the future.

Budgeting is a process of allocating scarce resources to various competing needs in an organization. By providing feedback on actual results and comparing them to budgeted results, dispersion measures such as variance assist managers in making better decisions about the allocation and use of resources.

Therefore, the difference between a realized value and a budgeted, or standard, value (option b) is variance.

Learn more about dispersion here: https://brainly.com/question/10656631

#SPJ11

the term used to describe the organization of training into phases or periods that allows for optimal rest and recovery is .

Answers

The term used to describe the organization of training into phases or periods that allows for optimal rest and recovery is "periodization".

Periodization is the systematic planning of athletic or physical training. It involves the on-going manipulation of training variables such as intensity, volume, and duration in order to maximize performance gains over time. The term used to describe the organization of training into phases or periods that allows for optimal rest and recovery is Periodization.

Periodization refers to the organization of training into distinct phases or periods to ensure optimal rest and recovery. This method is used by athletes to plan and structure their training program by incorporating training cycles and recovery periods. Periodization is primarily based on the concept of physiological adaptation, where the body adapts to the demands of the exercise. By following a periodized training program, athletes can prevent overtraining and injuries while improving their performance.

A periodized training program typically consists of three main phases: the preparatory phase, the competition phase, and the transition phase. During the preparatory phase, athletes focus on building a foundation of strength, power, and endurance. In the competition phase, the focus shifts to refining skills and peaking for competition. Finally, the transition phase allows for recovery and rest before starting the next cycle of training.

Thus, periodization is a crucial concept in sports training that helps athletes organize their training into phases or periods to ensure optimal rest and recovery.

To learn more about Periodization: https://brainly.com/question/714921

#SPJ11

digi-time inc. measures and evaluates the quality of its smart watches against the market leader in the wearables industry. wherever there is a gap, digi-time inc. tries to bridge the gap. this is known as

Answers

By evaluating the quality of its smartwatches against the market leader in the wearables industry, Digi-Time Inc is involved in the business practice of benchmarking.

What is benchmarking?

Benchmarking is a strategy used by businesses in which they engage in the process of comparing their business's performance metrics to those of its competitors or industry standards in other to identify areas for improvement.

In this scenario, since what is been compared is the quality of the competitor's smartwatches against their own, it perfectly fits the business practice of benchmarking.

You can learn more about benchmarking here https://brainly.com/question/13123867

#SPJ1

THIS IS FOR ECONOMICS (please help)
One of the main concepts on successful investing is diversification of your portfolio. What does this mean? How would you select stocks?

Answers

Answer:

RESATE THIS QUESTION PLS

Explanation:

does nostalgia marketing only work with consumers who have memories of the era focused on in the advertising? how might others who are younger be attracted as well

Answers

Nostalgia marketing does not only work with consumers who have memories of the era focused on in the advertising. Many younger consumers can also be attracted to nostalgia marketing.

To attract younger consumers to nostalgic advertising, marketers should consider appealing to the emotions of the younger generation. By creating a story behind the product or service being advertised, marketers can help younger consumers to connect with the brand on a deeper level.

Additionally, incorporating elements of pop culture into the advertising can be an effective way to capture the attention of younger consumers. Finally, leveraging current technologies such as virtual reality and social media can help create more interactive and engaging experiences that appeal to younger consumers.

In conclusion, nostalgia marketing can be successful in appealing to both older and younger generations. By understanding the needs and emotions of the target audience, marketers can create nostalgia-driven advertising campaigns that attract a range of consumers.

To learn more about marketing here:

https://brainly.com/question/25369230#

#SPJ11

apple has just paid a quarterly dividend of $3.02. dividends are expected to grow by 10% for the next 4 quarters, and then grow by 1.2% thereafter. apple has a required quarterly return of 5%.what is the terminal value in the fourth quarter (

Answers

The terminal value in the fourth quarter is $101.58 if Apple has a required quarterly return of 5% in the last quarter.

Quarterly dividend  = $3.02

Growth rate = 10% in the next 4 quarters

After 4 quarters, growth rate = 1.2%

Quarterly return of required =  5%.

To calculate the terminal value in the fourth quarter, we need to calculate the present value for future dividends. The formula for the present value is:

PV = D / (r - g)

PV1 = D1 / (r - g)

PV1 = $3.02 / (0.05 - 0.1)

PV1 = -$60.40

PV2 = D2 / (r - g)

PV2 = ($3.02 * 1.1) / (0.05 - 0.1)

PV2 = $34.13

PV3 = D3 / (r - g)

PV3 = ($3.02 * 1.1^2) / (0.05 - 0.1)

PV3 = $49.33

PV4 = D4 / (r - g)

PV4 = ($3.02 * 1.1^3) / (0.05 - 0.1)

PV4 = $71.46

We need to calculate the terminal value. The formula is:

PV(Terminal Value) = D5 / (r - g)

PV(Terminal Value) = ($3.02 * 1.1^4) / (0.05 - 0.012)

PV(Terminal Value) = $101.58

Now by adding all the present values, we get the terminal value:

Total PV = PV1 + PV2 + PV3 + PV4 + PV(TV)

Total PV = -$60.40 + $34.13 + $49.33 + $71.46 + $101.58

Total PV = $196.10

Therefore, we can conclude that the terminal value in the fourth quarter is $101.58.

To learn more about dividends

https://brainly.com/question/2960815

#SPJ4

mis can also provide businesses with a competitive advantage by allowing them to analyze their data and make data-driven decisions. this can help businesses to identify market trends, opportunities, and threats, and adjust their strategies accordingly. true or false

Answers

This can help businesses to identify market trends, opportunities, and threats, and adjust their strategies accordingly" is true.

What is MIS?

MIS stands for Management Information System. It is the system that provides the business's management with the information they require to make informed decisions. This can include financial, operational, and other types of data.

MIS will provide the management with the details required to make a choice when it comes to organizing, planning, and controlling the business.MIS allows businesses to make better decisions by providing them with timely and accurate data. This can help businesses to identify market trends, opportunities, and threats, and adjust their strategies accordingly.

They can also use MIS to analyze data and make data-driven decisions. MIS can also help to improve business performance by enabling businesses to monitor their performance and make improvements where necessary.

MIS has many advantages for businesses. These include the ability to analyze data, make data-driven decisions, and monitor business performance. MIS can also help businesses to identify market trends, opportunities, and threats and adjust their strategies accordingly. Therefore, we can say that the given statement is true.

Learn more about MIS at

https://brainly.com/question/14580938

#SPJ11

steve works for a pharmaceutical company and he specializes in marketing and sales. he generally works from home. according to the text, what type of worker is steve? a. teleworking b. global worker c. self-employed d. contract worker

Answers

Steve is a teleworking worker.

Teleworking refers to when an employee works from home, and Steve specializes in pharmaceutical marketing and sales. He is a teleworker because he works remotely from home and not from a physical office.
Teleworking is advantageous for employees because it allows them to be more flexible and enjoy the convenience of not having to commute to and from work every day. Furthermore, employers benefit from teleworking because it reduces overhead costs.
Teleworking is an increasingly popular form of work, and it is likely to continue to grow in popularity as more and more people choose to work remotely. Steve is an example of this trend and is an example of how teleworking is beneficial for both employees and employers. Hence,  Steve is a teleworking worker.

For more questions on teleworking

https://brainly.com/question/29645344

#SPJ11

assume that $9,100 of the inventory was not damaged. what is the amount of the loss from the tornado?

Answers

The amount of loss from the tornado can be calculated by subtracting the value of the remaining undamaged inventory from the total inventory value before the tornado. The amount of the loss from the tornado is $14,100.

Assuming that $9,100 of the inventory was not damaged and the total inventory value before the tornado was $23,200,

the amount of inventory damaged would be $23,200 - $9,100 = $14,100. Loss is an event that occurs when a company incurs expenses that are greater than revenue, resulting in a decrease in equity. A company's net income decreases when it incurs a loss.

A tornado is a devastating weather event that can cause significant damage to buildings, infrastructure, and inventory. Natural disasters, such as tornados, can have a significant impact on a company's operations and financial performance.

If a company's inventory is damaged in a tornado, it will incur a loss that must be recognized on its financial statements. To determine the amount of the loss from the tornado, the company must calculate the value of the inventory that was damaged.

This value can then be subtracted from the total inventory value before the tornado to determine the amount of the loss.

To learn more about  inventory value here:

https://brainly.com/question/30481665#

#SPJ11

many major media organizations attempt to self-regulate and ensure ethical practice by hiring individuals to deal with readers, viewers, or listeners who have a complaint to report. such individuals are known as:

Answers

Many major media organizations attempt to self-regulate and ensure ethical practice by hiring individuals to deal with readers, viewers, or listeners who have a complaint to report. Such individuals are known as ombudsmen.

An ombudsman is an impartial individual who is responsible for investigating and settling complaints made by consumers or the public in general. They investigate complaints that have not been resolved by the organization and work with the parties involved to achieve a resolution. Ombudsmen are usually appointed by institutions or organizations such as newspapers, broadcasters, and government departments to provide a service to the public. The purpose of hiring an ombudsman is to maintain a high level of accountability and professionalism among media companies.

For more about media organizations:

https://brainly.com/question/27445507

#SPJ11

identify whether each of the following is best described as a fixed, variable, or mixed cost with respect to product units. 1. Peanuts used in making trail mix.
2. Maintenance of factory machinery.
3. Rubber used in making tennis balls.
4. Milk used in making ice cream.
5. Electricity used in factory building.
6. Wages of an assembly-line worker paid on the basis of acceptable units produced
7. Cameras used in making smartphones.

Answers

1. Peanuts used in making trail mix:

This is a variable cost. Variable costs change in direct proportion to the volume of units produced. As more trail mix is made, more peanuts are needed, so the cost increases with production.

6. Wages of an assembly-line worker paid on the basis of acceptable units produced: This is also a variable cost. The worker's wages are dependent on the number of acceptable units they produce, meaning that their pay increases as they produce more units.

7. Cameras used in making smartphones: This is a fixed cost. Fixed costs do not change with the number of units produced. The cameras needed for smartphones are likely purchased in bulk, with a set price, so the cost remains the same regardless of how many smartphones are made.

for such more questions on variable cost.

https://brainly.com/question/28481161

#SPJ11

a house has increased in value by since it was purchased. if the current value is , what was the value when it was purchased?

Answers

The original value of the house can be found by subtracting the current value from the increase in value since it was purchased. Therefore, if the current value is $400,000 and it has increased in value by $50,000 since it was purchased, the value when it was purchased was $350,000.


To solve this problem, we first need to identify the current value and the increase in value since it was purchased. In this example, the current value is $400,000 and the increase in value since it was purchased is $50,000.

We can now calculate the original value by subtracting the increase in value since it was purchased from the current value. Therefore, the original value is $400,000 - $50,000 = $350,000.


In conclusion, if the current value of the house is $400,000 and it has increased in value by $50,000 since it was purchased, the value when it was purchased was $350,000.

To learn more about value here:

https://brainly.com/question/25528419#

#SPJ11

after the petty cash fund is established, the petty cash account is not debited or credited again unless the amount of the fund is changed. true flase

Answers

False; after the petty cash fund is created, it is not necessary to debit or credit the account again unless the fund's size changes.

What occurs after a petty cash fund is created?

The corporation has internal control over the money in the fund by designating one person as the fund's manager. to start a small cash fund. The petty cash custodian typically deposits the cash in a small, lockable box once the check is cashed. The fund is now prepared for distribution as required.

Is small change a debit or credit?

The petty cash account is a current asset in financial accounting. As a result, the money is recorded as a typical debit balance.

To know more about debit visit:-

https://brainly.com/question/12269231

#SPJ1

which of the following is not a source of monopoly power? multiple choice question. patents economies of scale free entry and exit economies of scope

Answers

Free entry and exit in economy is not a source of monopoly power.

What is a monopoly power?

In reality, monopolies are pretty similar. A single corporation that controls a market or sector is referred to as a monopoly in the business world. A monopoly exists when there is just one alternative available to customers in a market.

A monopolist is another word that is used to describe a monopoly or monopoly power. A monopolist is a person or business that either dominates the market as the only seller or has such a significant impact that they are able to ignore the competition.

To know more about Monopoly power -

https://brainly.com/question/30031239

#SPJ1

how does the purchase of inventory on account under the perpetual inventory method affect the financial statements?

Answers

Under the perpetual inventory method, the purchase of inventory on account increases the inventory asset on the balance sheet, while also increasing the cost of goods sold (COGS) expense on the income statement, which reduces gross profit and net income.

The purchase of inventory on account under the perpetual inventory method affects the financial statements in the following ways:

The balance sheet: The purchase increases the inventory asset account on the balance sheet, which represents the value of the goods held for sale by the company.The income statement: The purchase increases the cost of goods sold (COGS) expense on the income statement, which represents the cost of the inventory sold during the period. This reduces the company's gross profit and net income.

In addition, the purchase on account also creates a liability on the balance sheet in the accounts payable account, which represents the amount owed to the supplier for the inventory purchased. The accounts payable balance will be reduced when the company pays the supplier for the inventory purchase. Overall, the purchase of inventory on account under the perpetual inventory method impacts the balance sheet and income statement, and can affect the company's financial ratios and performance metrics.

Learn more about cost of goods sold: https://brainly.com/question/24561653

#SPJ11

briefly describe the key advantages and disadvantages of the three approaches to management education. under what conditions would you recommend that an organization send its managers to an executive mba program?

Answers

The three approaches to management education are traditional degree programs, executive MBA programs, and non-degree executive education programs. Each approach has its own advantages and disadvantages.

Advantages of traditional degree programs:
- Thorough instruction on a wide range of management topics
- Coursework typically includes the ability to focus on a specific subject or area of study
- Learning is structured, with a clear path of progression

Disadvantages of traditional degree programs:
- Long time commitment
- Can be costly
- Not designed for experienced managers

Advantages of executive MBA programs:
- Focuses on practical applications of management skills
- Structured curriculum tailored to experienced managers
- Variety of learning opportunities, such as team building and problem-solving

Disadvantages of executive MBA programs:
- Costly
- Typically require a lot of travel
- Not suitable for someone with limited experience

Advantages of non-degree executive education programs:
- Flexible learning schedule
- Lower cost
- Hands-on instruction from experts

Disadvantages of non-degree executive education programs:
- Less comprehensive instruction
- Limited choice of subjects

I would recommend that an organization send its managers to an executive MBA program when the managers have experience in management and the organization has the budget for it. Executive MBA programs provide an opportunity to apply theory to practice and gain practical skills from experienced professionals.

For more about management education:

https://brainly.com/question/30542289

#SPJ11

how much would you pay to receive $100 at the end of 20 years if you can earn 12% interest on alternative investments of similar risk?

Answers

To calculate the present value of an investment that will yield $100 at the end of 20 years with 12% interest, you can use the following formula:
PV = FV / (1 + r)^n
Where PV is the present value, FV is the future value, r is the interest rate, and n is the number of years.
Therefore, in your case, the present value would be:
PV = $100 / (1 + 12%)^20= $7.31

To get $100 at the end of 20 years if you can earn 12% interest on alternative investments of similar risk you would need to pay $7.31.

What is present value?

Present value refers to the current value of a future sum of money or stream of cash flows given a specified rate of return. It is also known as the discounted value. The present value of a future payment decreases as the rate of interest increases and decreases as the time until payment increases.

What is future value?

The future value is the value of an asset or cash at a specified time in the future. It measures the nominal future sum of money that a particular sum of money is "worth" at a specified time in the future considering the potential interest rate earned over that time period.

The future value of a present sum of money or investment depends on the interest rate or investment return over time.

to know more about investment refer here:

https://brainly.com/question/15105766#

#SPJ11

premier corporation has an roe of 13 percent and a payout ratio of 15 percent. what is its sustainable growth rate? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Premier corporation has an roe of 13 percent and a payout ratio of 15 percent. Its sustainable growth rate is 11.05%

The highest rate of growth that a business or social enterprise may sustain without using more equity or debt to fund expansion is known as the sustainable growth rate (SGR).

The sustainable growth rate (g) of a company can be calculated using the following formula:

g = (ROE x Retention Ratio)

where ROE is the return on equity and the retention ratio is (1 - payout ratio)

Plugging in the given values, we get:

g = (0.13 x (1 - 0.15))

g = 0.1105

Therefore, the sustainable growth rate of Premier Corporation is 11.05% (rounded to two decimal places).

Know more about how to calculate sustainable growth rate - brainly.com/question/28873903

#SPJ11

Imagine you are working for a successful advertising firm in a large city. Your
company handles many high profile clients and accounts on a day-to-day
basis, sometimes causing a stressful work environment. Recently, members of
your team have been disagreeing on how to handle the account of your most
important client, a well-known cereal brand. Some team members feel the
account deserves a more traditional campaign, devoted to long-standing fans
of the product, while others believe the time has come to reach a new
demographic by incorporating elements such as social networking and
celebrity endorsements. The conflict has gained the attention of department
managers. How would you try to resolve this conflict as a team member? As a
manager? Write a short summary detailing this conflict and how you would
resolve it. Be creative.

Answers

Answer:

The conflict in this scenario revolves around the approach the advertising team should take in handling the account of a well-known cereal brand. Some team members want to stick to a more traditional campaign, while others believe that incorporating social networking and celebrity endorsements is the way to reach a new demographic.

As a team member, I would suggest that the team take some time to research and analyze the cereal market, including the target audience, their preferences, and the marketing strategies used by the competitors. This research can help the team to better understand the product and its audience, which can then inform the advertising approach.

Next, I would suggest that the team members come together to discuss their individual ideas and concerns in a respectful and constructive manner. It is important that everyone listens to each other and considers all ideas before coming to a consensus.

As a manager, I would facilitate this discussion by creating a safe and respectful environment for the team to express their opinions. I would encourage the team members to work collaboratively and to consider each other's perspectives. Ultimately, I would make the final decision based on the research and the team's recommendations.

In either scenario, it is important to remember that the goal of the advertising campaign is to serve the client's needs and to achieve the desired outcome. By working together, the team can come up with an effective and creative solution that meets both the client's needs and the team's goals.

Answer:

The conflict in this scenario revolves around the approach the advertising team should take in handling the account of a well-known cereal brand. Some team members want to stick to a more traditional campaign, while others believe that incorporating social networking and celebrity endorsements would suggest that the team take some time to research and analyze the cereal market, including the target audience, their preferences, and the marketing strategies used by the competitors. This research can help the team to better understand the product and its audience, which can then inform the advertising approach. It is important that everyone listens to each other and considers all ideas before coming to a consensus. I would facilitate this discussion by creating a safe and respectful environment for the team to express their opinions. I would encourage the team members to work collaboratively and consider each other's perspectives. Ultimately, I would make the final decision based on the research and the team's recommendations. In either scenario, it is important to remember that the goal of the advertising campaign is to serve the client's needs and to achieve the desired outcome.

Other Questions
Kelvin contact resistance test structure in Fig. P3. 19, it is usually assumed that the voltmeter has very high input resistance and there is negligible voltage drop along the voltage measurement arm A car salesman was able to sell a car for 12,500, earning a commission of 5%. How much was his commission. you and a friend are in school and are trying to figure out where to eat. she told you that she would like to go to her favorite pizza place that is 7 miles away from her home. both of you know that her home is 8 miles away from school. approximately how far is the pizza place from the school? how are women portrayed and treated in society related to the mistreatment of women perpetrated by raymond and meursault in the book? a quality control inspector has drawn a sample of 11 light bulbs from a recent production lot. suppose that 60% of the bulbs in the lot are defective. what is the standard deviation of the number of defective bulbs in the sample? round your answer to two decimal places. The height of a machine part should be 13.5 millimeters . The manufacturing tolerance is within 0.07 . Complete the statements. An absolute value equation that could be used to determine the maximum and minimum value of , the height of the machine part, is [DROP DOWN 1]. The minimum value the machine part could be is [DROP DOWN 2]. The maximum value the machine part could be is [DROP DOWN 3]. which type of sentence is this? nobel peace prize winner nelson mandela campaigned for social equality in south africa and later became the country's first democratically elected black president. Which of the following would be most likely to result in stagflation?a. increased productivity, which throws workers out of jobsb. warc. greater structural unemploymentd. government deregulation, which forces firms to compete with each othere. none of the above which type of unconformity is usually easiest to spot, since layers of sedimentary rocks are on top of igneous rocks without layers? A bag has 2 blue cubes, 3 red cubes, and 5 green cubes. If you draw a cube and replace it in the bag 100 times, which of the following amounts would you expect to pull? Select all that apply. A) Pull more than 2 times as many green cubes as blue cubes B) Pull a green cube 50 times C) Pull a blue cube 20 times D) Pull more red cubes than green cubes E) Pull a blue cube 70 times There has been a 3% change in the money supply and a 1% change in velocity. In order to balance the exchange equation, what percentage of change needs to occur on the right side of the equation?A. 1%B. 4%C. 7% describe how a difference in location, shape of shoreline, and lunar declination likely contributes to the difference in tidal ranges and tidal patterns for these two locations Correct Translation/TranscriptionDNA Strand: TAC CAT ACTmRNA Strand: AUG GUA UGAIdentify the following as an insertion, deletion, or substitutionDNA TAC CAT ACTmRNA AUG UUA GGA under what circumstances might you need to restore from a windows server backup? (choose all that apply.) What was Thomas T.G claim? And whats the evidence what are some of the challenges associated with using solar energy as a primary source of electricity, in which scenario would we be unable to treat the first and second ionization of a diprotic acid as completely separate reactions? Find the mean of the data set. 3, 22, 0, 15, 9, 23 what could grade 12s do to minimise the impact of the anxiety they may feel on the day of the examination and how that could enhance their Performance in the examination how does the epeli hauofa describe the views of people in a dominant position and how are these views perpetuated to then have significant consequences on their inferiors?