A subsidiary ledger that contains a separate account for each supplier (creditor) to the company is a(n): Multiple Choice O General ledger. Accounts receivable ledger. Special journal. Controlling acc
Answers
A subsidiary ledger that contains a separate account for each supplier (creditor) to the company is an accounts payable ledger, hence option D is correct.
Accounts payable ledger is a subsidiary ledger that has a distinct account for each supplier (creditor) of the business. A subsidiary ledger that has an account for each supplier (creditor) is an accounts payable ledger.
A secondary ledger that lists the specific accounts of creditors is the accounts payable ledger. It is also known as the ledger of creditors.
An accounts payable ledger is a subsidiary ledger that has a distinct account for each supplier (creditor) of the business.
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The given question is incomplete, so the most probable complete question is,
A subsidiary ledger that contains a separate account for each supplier (creditor) to the company is a(n): Multiple Choice O
General ledger.
A. Accounts receivable ledger.
B. Special journal.
C. Controlling acc
D. Accounts payable ledger
Related Questions
A coin sold at auction in 2017 for $4,573,500. The coin had a face value of $2 when it was issued in 1789 and had previously been sold for $285,000 in 1968. a. At what annual rate did the coin appreciate from its first minting to the 1968 sale? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.) b. What annual rate did the 1968 buyer earn on his purchase? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. At what annual rate did the coin appreciate from its first minting to the 2017 sale? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
a. Rate of return from 1789 to 1968 ____%
b. Rate of return from 1968 to 2017 ____%
c. Rate of return from 1789 to 2017 ____%
Answers
a. Rate of return from 1789 to 1968: 14.35% b. Rate of return from 1968 to 2017: 7.10% c. Rate of return from 1789 to 2017: 14.50%
a. To calculate the rate of return from 1789 to 1968, we can use the formula for compound interest:
Rate of return =\(\frac{Ending\ value }{(Beginning\ value)^{\frac{1}{Number\ of\ years}} } -1\)
Plugging in the given values, we get:
Rate of return = \([(\frac{285000}{ 2})^{(\frac{1}{1968-1789)}} - 1]\)
Rate of return = 14.35%
b. To calculate the rate of return from 1968 to 2017, we can use the same formula:
Rate of return = \([(Ending\ value / Beginning\ value)^{(1/Number\ of\ years)}] - 1\)
Plugging in the given values, we get:
Rate of return =\([(4573500 / 285000)^{(1/2017-1968)}] - 1\)
Rate of return = 7.10%
c. To calculate the rate of return from 1789 to 2017, we can use the same formula:
Rate of return = \([(Ending\ value / Beginning\ value)^{(1/Number\ of\ years)}] - 1\)
Plugging in the given values, we get:
Rate of return = \([(4573500 / 2)^{(1/2017-1789)}] - 1\)
Rate of return = 14.50%
These calculations show the annual rate of return for the coin's appreciation from its first minting to different sale dates, providing insights into the historical performance and value appreciation of the coin.
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the american system of government produces more divided government than does the parliamentary system of government because _____.
Answers
Why the American system provides more divided government than the parliamentary system is because the Executives and Legislature are each elected separately.
Under a parliamentary system, a Decorated Monarch acts as Head of states and the Legislative provides the law through majority votes.
The officers of parliamentary system is not as expansive as the Federal Democratic government practiced today.
Basically, the Federal system is one where the there are 3 branch of government both at the Federal level, State Level and the Local Level.
Therefore, the reason why the american system of government produces more divided government than the parliamentary system is because it is stated by the US constitution that the various level of government should be elected except the Judiciary.
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"Development has a negative impact on our environment" Motivate why you agree with the
statement
[8]
Answers
industrial lead to water pollution
A change in demand is represented by a ______ the demand curve while a change in quantity demanded is represented by a _______ the demand curve
Answers
Answer: shift of; movement along
Determine the correct sequence of the following events from start to finish.
-The kitchen staff prepares the dishes.
-Fatima, the expediter,checks the order before the server picks them up.
-Lara then transmits the order to the kitchen
-Lara takes the order from the customer and notes down.
-Brian, the chef, estimates the time each dish will require for preparation
-Lara retrieves the order and delivers it to her customer
Answers
The correct sequence of the events from start to finish is:
-Lara takes the order from the customer and notes down.Lara then transmits the order to the kitchenBrian, the chef, estimates the time each dish will require for preparationThe kitchen staff prepares the dishes.Fatima, the expediter,checks the order before the server picks them up.Lara retrieves the order and delivers it to her customerWhat is the sequence of ordering food in a restaurant?The first thing that happens is that the waiter picks up the order from the customer and takes note of it. The order will then go to the kitchen where the chef will estimate how long the order will take to be prepared.
The expediter will then check the order when the meal is done but before the waiter picks it up. The waiter than delivers to the order.
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when there is a market failure, intervening multiple choice question. will decrease total surplus. will make matters worse. can increase total surplus. will increase total revenue.
Answers
When there is a market failure, intervening can increase the total surplus.
In terms of economics, market failure refers to a scenario where there is an inefficient distribution of goods and services on the open market. In a market that functions optimally, supply and demand factors are balanced, and any changes to one side of the equation result in price changes that preserve the market's equilibrium. However, in a market failure, something disturbs this equilibrium. The individual motivations for rational behavior do not result in rational outcomes for the group when markets fail. To put it another way, each person chooses the best choice for themselves, but the group as a whole suffers as a result.
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What is the highest possible credit score on the FICO scale
Answers
Answer:
850
Explanation:
It's considered the unicorn of the financial world: a perfect credit score, the highest number a consumer can achieve within a credit scoring system. For the FICO® Score☉ , one of the most commonly used credit scoring models, that mythical and seemingly impossible figure is 850. (FICO® Scores range from 300 to 850.)
Personal mission statement!!
Answers
Answer:
defines who you are and identfies your purposes,whether in the office or simply in life. also it it explains how you aim to pursue that purpose and why it matters so much
is the cost of borrowing or the price paid for the rental of funds expressed as a percentage per year.
Answers
Yes, the cost of borrowing or the price paid for the rental of funds is expressed as a percentage per year.
This percentage is known as the interest rate, which is the cost of borrowing or the price paid for the rental of funds.Lenders charge interest on the amount of money that they lend to borrowers because they are risking their money.
The interest rate can vary depending on a number of factors, such as the creditworthiness of the borrower, the length of the loan, and the amount of the loan. The interest rate is typically expressed as an annual percentage rate (APR), which is the amount of interest that the borrower will pay on an annual basis.
For example, if a borrower takes out a $10,000 loan with an interest rate of 5%, they will pay $500 in interest per year.
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The Coke red brand is perceived as Coke red despite being placed on various t-shirt conditions. Why do we still maintain to perceive Coke red across variation in background?
Answers
Answer: it's an excellent choice when considering branding for food and drink due to people are attracted to it
Explanation:
Coca cola uses the white text on a bright red background. The reason for the red colour is in marketing portraying power, excitement, energy and passion. It also stimulates the appetite as people are attracted to red. This makes it an excellent choice when considering branding for food and drink
Thinking and note-taking Discuss the effects of advertising on your day-to-day life with a partner.
Organize your ideas in the diagram. Use your notes from your brainstorming on topic vocabulary
about advertising in activities 1 and 2.
Opinions
Reasons
Education
Facts / Examples
HELP ME IN THIS HOMEWORK PLEASE
Answers
Advertise.ments affect our lives in a very precise manner. The representation of the various characters gives us an impression about the various role playing going on in the society, how the thinking of society is evolving.
I mean advertise.ments like "Share the load", Woman being the boss of Man, Second Marriage ad, Modernity, Appearance of the lady of the house etc. all these ads if were on TV a decade ago no body will go with them but now they are evolving with the society. The kids pick up the settings and try to imitate them at some point and they think that those things are normal ongoing things in daily lives. So advertise.ments do affect us but at a subconscious level.
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A Nike Hoodie has a retail price of $99.00 and it costs the retailer $49.50. What is the mark-up
Percentage?
Answers
Answer:
100%
Explanation:
Mark-up is the difference between selling price and cost price
Selling price =$99.00
Cost price = $49.50
Mark up = $99- 49.50
=$49.50
As a percentage
= $49.50/$49.50 x 100
= 1 x 100
= 100%
For the office supplies account on the worksheet, the trial balance has a debit balance of $1,200 and a $900 debit balance on the adjusted trial balance. What was on the adjustment column for office supplies
Answers
Answer: 300 Credit
Explanation:
John buys a used car for $5,400 and spends $600 on new parts, made in the U.S., to fix the car. The end result of these two transactions isa. U.S. consumption purchases increase by $5,400 and U.S. GDP increases by $5,400.b. U.S. consumption purchases increase by $6,000 and U.S. GDP increases by $6,000.c. U.S. consumption purchases increase by $600 and U.S. GDP increases by $600.d. U.S. consumption purchases increase by $600 and U.S. GDP increases by $6,000.
Answers
Answer:
C
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
Under the current U.S corporate tax code, which of the following statements is correct? Multiple Choice A corporation's marginal tax rate is equal to its average tax rate. The tax for a company is computed by multiplying the marginal tax rate times the taxable income Additional income is taxed at a firm's average tax rate. The marginal tax rate will always exceed a company's average tax rate. The marginal tax rate for a company can be either higher than or equal to the average tax rate.
Answers
The correct statement is: The marginal tax rate for a company can be either higher than or equal to the average tax rate.
Under the current U.S corporate tax code, the tax system is progressive, meaning that the tax rates increase as taxable income increases. However, the tax calculation is based on marginal rates, which are applied to different portions of a company's taxable income.
The marginal tax rate refers to the tax rate applied to the last dollar of taxable income. On the other hand, the average tax rate is calculated by dividing the total tax paid by the company's taxable income.
Given this information, we can analyze the options provided:
A) A corporation's marginal tax rate is equal to its average tax rate: This statement is incorrect. The marginal tax rate and average tax rate are different concepts, and they are not equal to each other. The marginal tax rate is specific to each additional dollar of taxable income, while the average tax rate considers the overall tax paid in relation to total taxable income.
B) The tax for a company is computed by multiplying the marginal tax rate times the taxable income: This statement is partially correct. The tax calculation involves applying different marginal tax rates to different portions of a company's taxable income. However, it does not necessarily involve multiplying the marginal tax rate by the entire taxable income. The tax is determined using a progressive tax rate schedule.
C) Additional income is taxed at a firm's average tax rate: This statement is incorrect. Additional income is taxed at the marginal tax rate, not the average tax rate. The average tax rate represents the overall tax burden on the company's taxable income, whereas the marginal tax rate applies to incremental income.
D) The marginal tax rate will always exceed a company's average tax rate: This statement is incorrect. The marginal tax rate may or may not exceed a company's average tax rate. It depends on the specific tax rate schedule and the distribution of taxable income.
E) The marginal tax rate for a company can be either higher than or equal to the average tax rate: This statement is correct. The marginal tax rate can be higher than or equal to the average tax rate, depending on the tax rate schedule and the company's taxable income distribution.
In conclusion, the correct statement is that the marginal tax rate for a company can be either higher than or equal to the average tax rate.
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Which of the following statements concerning service guarantees is FALSE? A service guarantee is a mechanism to build customer loyalty. A service guarantee is a way to avoid compensating customers for a service failure. A service guarantee is a tool to clarify exactly what the service must provide. A service guarantee is a way to define a service and ensure satisfactory delivery to the customer.
Answers
Answer:
A service guarantee is a way to avoid compensating customers for a service failure.
Explanation:
should a report always explain the writer’s method of gathering evidence or solving a problem? why or why not?
Answers
Yes, a report should always explain the writer's method of gathering evidence or solving a problem because it helps to validate the report, demonstrate the rigor of the work that went into it, and ensure the report's replicability.
When you explain your method of gathering evidence or solving a problem in your report, it helps to validate the report. This is because the method is just as important as the conclusions. The method needs to be detailed enough that someone could replicate it. This is important because the scientific method requires that experiments be replicable. If someone else cannot replicate your work, then it cannot be considered valid and is not science.
Also, explaining the method of gathering evidence or solving a problem demonstrates the rigor of the work that went into it. It shows that you thought carefully about how to approach the problem and that you took steps to ensure the reliability of the data you collected. This can be important for readers who want to understand the limitations of the study or who may want to use the data in their own work.
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If a company can use 100% of its
resources to produce 30 tons of timber or 5 head of cattle, which would be its best "Comparative Advantage" choice?
A. to produce both timber and cattle at the same time
B. to use 100% of its resources to produce timber
C. to use 100% of its resources to produce cattle
D. to choose another product on which to use its
resources
Answers
Answer:
to use 100% of its resources to produce timber
Explanation:
I did the test. Trust mate
who wants to vc wit me im depressed
Answers
When someone you care about is depressed, giving advice or wisdom may be something you do with only good intentions in mind.
So, yes Video calling would be a good option.
The straightforward definition of depression?Mental disorders like depression are rather thing. It is believed that 5% of individuals worldwide experience this condition. It is characterized by enduring unhappiness and a loss of interest or pleasure in formerly rewarding or delightful activities. It may also between with appetite and sleep.
What is the modern term for depression?Depression, now known as major depressive disorder or clinical depression, is a common but dangerous mood disease. It creates bad symptoms that interfere with your ability to function on a daily basis, including sleeping, eating, and working.
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Select the correct answer.
Mary is planning to buy a mobile phone that costs $500. She can choose any of five different payment plans with varying simple interest rates and periods:
plan 1: 6% for 10 months
plan 2: 8% for 12 months
plan 3: 10% for 14 months
plan 4: 12% for 18 months
plan 5: 14% for 12 months
Which plan offers the lowest monthly payments?
A.
plan 1
B.
plan 2
C.
plan 3
D.
plan 4
E.
plan 5
Answers
Answer:
plan 1
Explanation:
Mary is planning to buy it moule phone that costs $500. She can choose any of fun different payment plans with varying simple interest rates and periods. The plan that offers the lowest monthly payments is plan 1:6% for 10 months. The correct option is a.
What is a payment plan?A payment plan can refer to paying off any outstanding debt, or sometimes more than one debt by means of consolidation into an organized payment schedule. Alternatively, different types of consumer financing involve a payment plan, such as car loans and point of sale retail loans.
Within a payment plan for financing, the consumer pays back a fixed amount of money every month until the balance is cleared. Credit cards require a more flexible payment plan, where there is a minimum required payment per month, and the borrower can decide how much to pay back and when.
Traditionally, a payment plan would have referred to a monthly amount being paid directly to the retailer as part of an installment schedule, in advance of receiving the merchandise.
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Nico bought 100 shares of Cisco Systems stock for $24.00 per share on January 1, 2002. He received a dividend of $2.00 per share at the end of 2002 and $3.00 per share at the end of 2003. At the end of 2004, Nico collected a dividend of $4.00 per share and sold his stock for $18.00 per share. What was Nico's realized return during the three year holding period? What was Nico's compound annual rate of
Answers
Answer:
12.5%
Explanation:
It is given that :
Nico bought shares from Cisco Systems = 100 shares
The stock of 100 shares on 1st Jan 2002 = $ 24 per share
At the end of 2002, Nico received a dividend = $ 2 per share
At the end of 2003, Nico received a dividend = $ 3 per share
At the end of 2004, Nico received a dividend = $ 4 per share
Nico sold his stock = $ 18 per share
Therefore,
The holding period \($=\frac{(\text{dividend + end value - initial value })}{\text{initial value}}$\)
\($=\frac{(\$2+\$3+\$4)+\$18-\$24}{\$ \ 24}$\)
\($= 12.5 \%$\)
do you believe thicker/ Williams violated copyright law with "blurred lines" why or why not
Answers
Answer:
why not
Explanation:
why not yes of course nA
Quintin's supervisor asks him to use predictive modeling in his decision-making process. What would Quintin's task MOST likely include based on this
directive?
O A. the creation of a decision tree
O B.
O C.
O D.
a conversation with his colleagues
an analysis of data charts
a written list of pros and cons
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Nex
Sign o
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Answers
If Quintin's supervisor asks him to use predictive modeling in his decision-making process, Quintin's task would most likely include: A. the creation of a decision tree.
What is predictive modeling?Predictive modelling frequently uses decision trees to assist see and analyse the potential effects of a decision.
They offer a methodical technique to weigh the advantages and disadvantages of many options and can aid in determining the best course of action.
Therefore choosing option A is the most likely response. Option B, a discussion with his coworkers, Option C, a review of data charts, and Option D, a written list of advantages and disadvantages, are all potential tasks that may be engaged in decision-making, albeit they may not be explicitly related to predictive modelling.
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Marketing automation flows can be triggered by all of
these things except__________.
1. Customer characteristics
2. Customer behavior
3. The passage of time
4. The value of the company organizing emai
Answers
Marketing automation flows can be triggered by customer characteristics, customer behavior, and the passage of time. However, they are not triggered by 4. the value of the company organizing email.
Marketing automation flows are designed to streamline and automate marketing processes, including email campaigns, based on certain triggers. These triggers can include customer characteristics such as demographics, preferences, or segmentation criteria. By segmenting customers based on their characteristics, personalized and targeted marketing messages can be delivered. Customer behavior is another trigger for marketing automation flows. Actions taken by customers, such as website visits, product purchases, or engagement with marketing content, can be tracked and used to trigger automated responses. This allows for timely and relevant communication with customers based on their interactions with the brand.
Additionally, marketing automation flows can be triggered by the passage of time. Time-based triggers can include sending follow-up emails after a certain duration, delivering personalized offers or reminders, or scheduling periodic newsletters. However, the value of the company organizing email is not a typical trigger for marketing automation flows. While the company's value may influence marketing strategies and decision-making, it is not directly used as a trigger for automated marketing campaigns. The focus is primarily on customer-centric triggers to enhance engagement and drive conversions.
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37. Bill incorporated his business four years ago and owns 100% of its stock. The corporation distributes a piece of land, used as a parking lot for customers, to Bill. Bill’s basis in his stock is $21,000, and the land has a basis of $7,000 and a value of $24,000, and E&P is $5,000.
a. What are the tax consequences to the corporation?
b. To Bill?
Answers
a) The corporation will have a net recognized gain of $12,000
b) Bill will be required to pay capital gains tax on the $3,000 realized gain.
How to calculatea. The corporation distributes land to Bill that has a basis of $7,000 and a value of $24,000. The corporation must recognize a gain of $17,000 ($24,000 - $7,000) on the distribution of land to Bill.
However, the corporation may reduce this gain by the amount of E&P, which is $5,000.
Therefore, the corporation will have a net recognized gain of $12,000 ($17,000 - $5,000).
The corporation must pay corporate tax on the recognized gain.
b. Bill will receive land with a fair market value of $24,000. Because the land is considered a dividend, the basis of the land will be the same as the basis of Bill's stock in the corporation.
As a result, Bill's basis in the land will be $21,000. This suggests that Bill has a realized gain of $3,000 ($24,000 - $21,000) as a result of receiving the land.
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Suppose GDP is $9 trillion, taxes are $1.9 Trillion, private saving is $0.6 trillion, and public saving is $0.3 trillion.Assuming the economy is closed, complete the following table by calculating consumption, government purchases, national saving, and investment.Consumption__Government purchases___National saving _____-Investment_____
Answers
When GDP is $9 trilliοn, we have the fοllοwing ecοnοmy:
Cοnsumptiοn $6.5 trilliοn Gοvernment purchases $1.6 trilliοn
Natiοnal saving $0.9 trilliοn Investment $0.9 trilliοn
What is private saving?Private saving is the amοunt οf incοme ( Y ) that hοusehοlds have left after paying their taxes ( T ) and paying fοr their cοnsumptiοn ( C ). In οrder tο sοlve fοr cοnsumptiοn, yοu can rearrange the fοrmula fοr private saving:
S private = Y - T - C
cοnsumptiοn C = Y - T - S private
= 6.5 trilliοn
Public saving is the amοunt οf tax revenue that the gοvernment has left after paying fοr its spending. In οrder tο sοlve fοr gοvernment purchases ( G ), yοu can rearrange the fοrmula fοr public saving:
S public = T - G
Gοvernment purchases G = T - S public
= 1.6 trilliοn
Natiοnal saving is the sum οf private and public saving:
Natiοnal Saving = S private + S public
= 0.6 trilliοn - 0.3 trilliοn
= 0.9 trilliοn
As Natiοnal saving is equal tο Investment, investment = 0.9 trilliοn
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the schuler insurance company processed 60,000 claims in march. it takes an average of 6 hours to process each claim. the company incurred $240,000 of labor and $840,000 of overhead costs during march. what was the cost to process each claim?
Answers
The schuler insurance company processed 60,000 claims in march. The cost to process each claim was $24 ($240,000 of labor / 60,000 claims + $840,000 of overhead / 60,000 claims = $24).
What do you know about insurance company?
An insurance company is a financial institution that specializes in providing insurance products and services to individuals and businesses. It provides financial protection against unexpected loss or damage to assets, and can help protect against financial losses caused by illness, accident, or death. Insurance companies also help customers manage risks by providing advice on how to reduce potential losses, and they often provide additional services such as investment management and estate planning. Insurance companies are heavily regulated by the government, and they must adhere to strict regulations to ensure customer protection.
So, The cost to process each claim was $24.
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4.1.6 practice using internet search strategies
Answers
Answer:
search up the answer to everything you'll find the answer its 42
Explanation:
how
has covid 19 affect sickle cell with hospital financial
strain
Answers
The financial strain caused by the COVID-19 pandemic has had an impact on the management and treatment of sickle cell disease in hospitals.
Hospitals have faced resource constraints, including limited staff, equipment, and funding, which can affect the quality and accessibility of care for individuals with sickle cell disease. This may lead to challenges in providing timely and comprehensive treatment, monitoring, and support services for patients with sickle cell disease, potentially impacting their overall health outcomes. The financial strain on hospitals has highlighted the need for continued investment and support in healthcare systems to ensure the provision of adequate care for individuals with chronic conditions like sickle cell disease.
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Parent corporation owns all of subsidiary corporations stock in addition parent corporation owns $100,000 of subsidiary corporation's bonds. When subsidiary corporation is completely liquidated
Answers
Answer:
In this case, when the subsidiary corporation is completely liquidated they have to pay the $100,000 in the subsidiary corporation's bonds.
Explanation:
The reason behind this answer is that in case the subsidiary corporations decide to liquidate all of their assets in any case. They still have a debt to the parent corporation of $100,000. So, after they liquidate they have to take some of the money to pay the debt issued of those bonds. No matter what, or the parent company can write a lawsuit against them for not doing so.