on december 1, jasmin ernst organized ernst consulting. on december 3, the owner contributed $83,110 in assets to launch the business. on december 31, the company’s records show the following items and amounts.

Answers

Answer 1

The following is a presentation of how the stockholder equity was prepared:

Equity statement of stockholders

Capital, December 1, J. Ernst $ 0

Addition: Owner investment of $83,100

Added: $2,960 in net income

Less: Owner withdrawals ($1,120)

Capital, J.Ernst, December 31 $84,940

Note for work:

Following is a presentation of the income statement's creation:

Revenue Statement

earning from consulting $12,940

Less:

Cost of living: $2,640

Cost of salaries is $5,920.

Cost of calling: $800

Charges not listed $620

Total outlays came to $9,980.

$2,960 in profit

Consequently, we can say that

$84,940 is the stockholder equity's final amount.

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Related Questions

how attractive does a new technology have to be to warrant adoption and utilization? tentative guidelines for using clinical and economic evaluations.

Answers

Since economic analyses of healthcare services are being published more frequently, it is crucial to thoroughly assess them and compare the net benefits of applying various technologies.

What are Levels of evidence?

Studies are given different levels of evidence (sometimes referred to as a hierarchy of evidence) based on the methodological quality of their design, validity, and usefulness to patient care. The "degree (or strength) of recommendation" is determined by these choices.

Level I - Evidence from a systematic review or meta-analysis of all pertinent RCTs, evidence-based clinical practice recommendations based on systematic reviews of RCTs, or three or more high-quality RCTs with similar findings.

Level II - At least one well-designed RCT's worth of data (e.g. large multi-site RCT).

Level III - Evidence from carefully planned, non-randomized controlled trials (i.e. quasi-experimental).

Level IV - proof from case-control or cohort studies with sound design.

Level V - evidence derived from systematic reviews of descriptive and qualitative research (meta-synthesis).

Level VI - a single descriptive or qualitative study's worth of data.

Level VII - proof from authoritative opinions and/or reports from expert bodies.

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describe and evaluate one study of compliance

Answers

Answer:

In studying compliance, social psychologists aim to examine overt and subtle social influences experienced in various forms by all individuals. Implicit and explicit psychological processes are also studied since they shape interactions.

The experimental analysis of compliance has focused primarily on three multiple request procedures: (1) the foot-in-the-door technique, (2) the door-in- the-face technique, and (3) the low-ball technique.

Figure 6 depicts the four types of compliance behaviour (deliberately compliant, accidentally non-compliant, accidentally compliant and deliberately non-compliant) and the contribution that intention and/or administrative effectiveness provides to the performance of the behaviour.

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20) Vhich business organization is described by the following list? (SSEMI3A DOK: 2)
Omer makes all decisions
Easy to start
Unlimited liability
Limited access to funds
o
o
A. Sole proprietorship
B. Partnership
C. Corporation
D. Business Franchise

Answers

Answer:

A. Sole proprietorship

Explanation:

A sole proprietorship is a business owned by one person. The owner is responsible for making all business decisions like the products or services to sell, its location, the hours, and mode of operations. The owners enjoy all the profit by themselves. A sole proprietorship is the easiest form of business structure to start. The owner only needs to register it and obtain a license from the local authorities.

Some of the drawbacks of a sole proprietorship or sole trader are a limited source of capital and unlimited liabilities to the debts of the company. Since the business is owned by a single individual, capital is contributed by that one person only. The law treats a  sole proprietorship business and the owner as one entity. Business profits are the owner's profits, and so are the debts.  

IT stands for Information Technician.

A. True
B. False

Answers

Answer:

True

Explanation:

Answer:

False

Explanation:

IT stands for INFORMATION TECHNOLOGY.

examples of ongoing expenses that need to be split fairly between the buyer and seller of the property through prorations include all of the following except:

Answers

All of the following, with the exception of homeowner's insurance, are examples of ongoing expenses that must be divided equally between the buyer and seller of the property through prorations.

What is homeowner's insurance?

Owners insurance, commonly referred to as home insurance, is a requirement, not a luxury. And not simply because it guards against theft and harm to your valuables and property. The majority of mortgage lenders require that borrowers carry insurance coverage for the full or fair market value of a property (typically the purchase price), and they won't authorize a loan or fund a residential real estate transaction without seeing proof of this insurance.

Even if you don't own your house, you still need insurance because many landlords insist that their tenants keep renter's insurance. But having this kind of security is a good idea whether it is necessary or not. We'll go over the fundamentals of homeowner insurance policy with you.

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What do most businesses use to store information for future use?

Answers

Answer:

Flash Memory Thumb Drives.

Explanation:

For storing information in the future, most businesses make use of Flash Memory Thumb Drives. With Flash Memory Thumb Drives, you can connect to a PC USB port in an attempt to back up your files on the go.

fostering a leadership environment involves all of the following except: a. coaching b. building a shared vision c. empowering d. domineering

Answers

The fostering of a leadership environment involves all the following except domineering. Thus, option (d) is correct.

What is leadership?

The term “leadership” refers to leading the team. The team's leadership is in charge, and they have influenced the team members to complete the task. The leadership qualities are maintained and are built into the behavior.

The organization was the setup of the culture of the leadership environment, such as positive and affected by the actions of the decisions. Domineering means controlling and dominating all the employees in an organization totally except about it.

As a result, the fostering of a leadership environment are the expect is domineering. Therefore, option (d) is correct.

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Which occurrence is an emerging trend in International agricultural marketing? A the percentage of agricultural trade is decreasing В. the percentage of agricultural trade is increasing C.agricultural markets around the world are shrinking D. developing nations have moved from net importers to net exporters E. developed nations have stopped trading in agriculture​

Answers

Answer:

answer is b

Explanation:

Answer:

the answer is b

Explanation:

i got it right on edmentum

costs are the monetary payments made for market-supplied inputs while costs are non-monetary opportunity costs.

Answers

Explicit costs are the monetary payments made for market-supplied inputs while implicit costs are non-monetary opportunity costs.

Market, a means by using which the alternate of goods and offerings takes location as a result of shoppers and dealers being in touch with one another, both without delay or through mediating dealers or establishments.

A market is an area in which consumers and sellers can meet to facilitate the alternate or transaction of goods and offerings. Markets can be physical like a retail outlet, or digital like an e-store. Different examples encompass illegal markets, auction markets, and financial markets.

The definition of a market is an area in which you go to buy matters or a call for a specific item. An example of a marketplace is a grocery save or a farmer's marketplace where stands are set up and fruits and vegetables are sold.

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Which of the following would be considered a
job in Law Enforcement?
A. a detective
B. a corporate lawyer
C. a pathologist

Answers

B. a corporate lawyer
(because it has the word law in it)

Labor unions negotiated a 3-year contract with employers in the automobile industry. They agreed to a 3 percent per year increase in pay over the 3 years. How would each group be affected by an actual inflation rate of 4% next year?.

Answers

Each group is affected by the actual inflation rate of 4% next year Workers will be worse off, and employers will be better off.

The Consumer Price Index (CPI) is an indicator used to measure the inflation rate that calculates the average change in the price of an item or service that can be consumed in a certain period. The United States Bureau of Labor Statistics conducts a monthly survey to identify the CPI by comparing the current and past prices of goods or services – from housing, food, transportation to clothing.

According to economists, the CPI has its drawbacks. The CPI does not take into account taxes or assumes that an increase in product prices can cause various reactions from consumers, such as buying cheaper substitutes. But in general, the CPI has a fairly useful role in measuring prices over time.

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A supply curve is a (n)


upward sloping curve


downward sloping curve


vertical line


horizontal line

Answers

Answer:  upward sloping curve

Explanation:

Supply curves are traditionally represented as upward-sloping because of the law of diminishing marginal returns.

what is the study of how people use their limited resources in satisfaction of their limitless wants?

Answers

Finance, which is a subset of Economics, studies people's habits of using limited resources to satisfy their limitless wants.

What are resources?

For satisfying the needs of humans, there were things that were provided by nature as well as by humans. These are the things that can be denoted as resources.

Being a human, there are limitless wants, or it can be said that human wants are unlimited, but the availability of these resources is limited, so it is up to the human how to utilise these resources to their fullest.

As a result, finance, a subset of economics, is used to study the behaviour of fully realised resources.

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Which type of insurance covers individuals by giving them a
portion of their wages in the event that they are unable to work for
a long period of time due to illness or injury?

O Collateral
O Disability
O Liability
O Property

Answers

Answer:

Disability

Explanation:

Disability insurance offers protection against the loss of income due to disability or sickness. This insurance policy provides income to the insured if they are unable to work as a result of a disability or serious illness. Disability insurance coverage is available from private insurance companies and government-backed programs.

Answer:

Disability

Explanation:

prepare an adjusting entry to record the year-end fair value adjustment for the portfolio of short-term stock investments.

Answers

You must create a journal entry that affects both the asset's balance sheet account and your income in order to record your fair value adjustment. You would debit the valuation account and credit your income if the fair value increased. You should debit your income for gains and credit the valuation account for losses.

What is Short -term investment?

Marketable securities, commonly referred to as temporary investments or short-term investments, are financial investments that can be quickly converted to cash, usually within five years.The assets a business holds but plans to sell within a year are also referred to as short-term investments.CDs, money market accounts, high-yield savings accounts, government bonds, and Treasury bills are typical examples of short-term investments.Marketable securities, commonly referred to as temporary investments or short-term investments, are financial investments that can be quickly converted to cash, usually within five years.Short-term investments can also specifically refer to financial assets owned by a corporation that are of a similar nature but with a few extra criteria.

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all of the following are among the important factors in designing a management support system except

Answers

With the exception of accounting and finance, all of the following are crucial considerations when creating a management support system.

What is a management support system?

Computer-based management support systems (MSS) are designed for use by or at the very least to support managers. The specification of requirements is a significant issue in MSS development. There are numerous systems development methodologies (SDMs) available (Avison & Fitzgerald 1999; Jayaratna 1994). Traditional SDM and MSS development methodologies diverge, and Watson et al. (1997) argue that the latter is less helpful in MSS development as a result. Watson et al. (1997) discovered that only two formal methods—the key success factors (CSF) technique (Rockart 1979) and the strategic business objectives (SBO) method—were employed by firms in the US when developing MSS (Volonino & Watson 1990-91).

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if a single taxpayer had self-employment income (from all sources) of $243,638, then $ would be subject to an additional medicare tax of percent

Answers

Because of the single taxpayer had self-employment income (from all sources) of $243,638, then $243,638 would be subject to an additional medicare tax of 0.9 percent.

What is a Medicare tax?

It is also known as the hospital insurance tax. It refers to the federal employment tax that funds a portion of the Medicare insurance program.  These taxes are used to fund the Medicare health system such as the Medicare Part A which covers hospital insurance for senior citizens and those living with disabilities.

Just like the Social Security tax, the Medicare tax are withheld from an employee's paycheck or paid as a self-employment tax.

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Answer: $25,000 and 0.9%

Explanation: Self-employment income $243,638

Taxable self-employment income $243,638 x 92.35% =$225,000

Threshold amount $200,000

Amount over the threshold $225,000 - $200,000 = $25,000

Additional Medicare tax $25,000 x 0.9% = $225

watt company purchased $300,000 of bonds for $315,000. if watt intends to hold the securities to maturity, the entry to record the investment includes

Answers

If watt intends to hold the securities to maturity, the entry to record the investment includes a debit to Debt Investments at $315,000. hence, Option C is correct.

What Are Held-to-Maturity (HTM) Securities?

HTM securities are bought with the intention of holding them until maturity. The management of a company, for instance, might invest in a bond that they intend to hold until it matures. Compared to securities that are liquidated quickly, HTM securities receive different accounting treatments.

This is due to the fact that an investment is initially recorded at its transaction cost and then carried at its amortized cost value when bonds are classified as being held to maturity (HTM).

hence, If watt intends to hold the securities to maturity, the entry to record the investment includes a debit to Debt Investments at $315,000. Option C is correct.

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"Your question is incomplete, probably the complete question/missing part is:"

a) a debit to Debt Investments at $300,000.

b) a credit to Premium on Debt Investments of $15,000.

c) a debit to Debt Investments at $315,000.

d) None of these.

what is a program? what is a project portfolio? discuss the relationship between projects, programs, and portfolio management and the contributions they each make to enterprise success.

Answers

The relationship between projects, programs, and portfolio management and the contributions they each make to enterprise success as they all make it easy for the organization to achieve the goal easily.

What is the program and project portfolio?

A program is a collection of activities some of which are linked or comparable and are frequently handled and directed collectively rather than separately.

A project portfolio is a collection of various initiatives and projects carried out by a single company.

All these things together make it possible to achieve the set goal of the organization with the help of various departments.

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property was listed at $155,000. an offer was made for $140,000 which the seller rejected, but countered for $147,500, which the seller accepted. the commission rate is 5% and the salesperson is to receive 60% of the commission on the sale. what is the commission due the salesperson? select one: a. $4,650. b. $4,425. c. $4,200. d. $2,950.

Answers

The property was listed at $155,000. an offer was made for $140,000 which the seller rejected, but countered for $147,500, which the seller accepted. the commission rate is 5% and the salesperson is to receive 60% of the commission on the sale. the commission of the salesperson is $4,425.

Income fee rates range from five percent to as a good deal as 50%, but most corporations pay among 20-30%. To locate the proper suit that aligns together with your sales goals, start by means of estimating how awful a lot it would price to rent humans under specific sales fee systems each for a complete-time team of workers and independent contractors. it could be calculated with the following equation fee = total sales fee rate. So if a sales clerk sells a total of $2,000 of product and gets 5% in commission, they make a hundred dollars.

One of the simplest and maximum normally used sales fee systems is variable pay as a percent of a single sale's revenue. underneath this incentive shape, reps earn a flat percent for every sale. for instance, consider your agency selling a product for one lakh dollars with a fee charge of five percent. In an instant fee plan, the simplest earnings income representatives earn comes directly from their sales.

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harold pope is a ticket broker. he is guaranteed a minimum weekly salary of $650 or 5% of his total sales, whichever is higher.

Answers

Harold pope is a ticket broker. he is guaranteed a minimum weekly salary of $650 or 5% of his total sales, For one week, he would make _____ sales overall.

Harold pope is a ticket broker. he is guaranteed a minimum weekly salary of $650 or 5% of his total sales, For one week, he would make $14,500 in sales overall.

The required details for  arithmetic operations in given paragraph

How do arithmetic operations work?

Inbuilt functions for adding, subtracting, dividing, and multiplying can also be used to specify arithmetic operations. the person who executes mathematical procedures.

Assuming $725 in gross pay

For one week, let his total sales be x.

He will always make at least $650 each week or 5% of his gross sales.

to figure up his weekly sales overall

725 is 5% of his whole revenues.

⇒ 0.05x = 725

⇒ x = 725/0.05

⇒ x = 14500

His weekly sales would reach $14500 as a result.

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other things held constant, firms that use assets that can be sold easily (like trucks) tend to use more debt than firms whose assets are harder to sell (like those engaged in research and development). true false

Answers

There are many different motivations to source money. Traditional areas of need can include the purchase of capital assets, such as new machinery or the creation of a new building or depot.

Such advancements are typically internally funded, but funding for the purchase of machinery may come from outside sources. In the current climate of limited liquidity, many organizations are forced to hunt for short-term capital in the form of loans or overdrafts in order to create a buffer for their cash flow.

Funding sources

The following sources could be used by a business to raise additional capital:

The capital marketsretained profits and Bank loans government funding cash for business expansion plansventure capital

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assume there is a national lottery and the winning ticket is worth​ $10 million. one winning ticket will be selected. if there are 150 million tickets​ sold, what is the chance that a buyer of one ticket will have the winning​ ticket?

Answers

Assume there is a national lottery and the winning ticket is worth​ $10 million. one winning ticket will be selected. if there are 150 million tickets​ sold.

A winning Ticket means a Ticket that has passed all lottery validation and security requirements and processes.

Most winning lottery numbers Powerball. Regardless of the type of ticket issued you can only appeal to London Tribunals - Enforcement and Traffic Adjudicators (ETA). A lottery is a form of gambling in which numbers are randomly drawn to win a prize. Some governments ban lotteries, while others encourage the organization of national or state lotteries.

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which type of financing product provides you an unlimited credit line as long as the balance is paid within 30 days?

Answers

Credit cards provide you with an unlimited credit line as long as the balance is paid within 30 days.

No single credit card is the best for everybody. all of it depends on how you use your credit score and how strong your credit score is.

A rewards credit card offers you a touch something back with every purchase you're making — usually cash back or journey factors or airline miles. these cards are quality for people who can pay their credit score card bills complete every month. If you bring stability from one month to the following, the hobby you pay will eat up the fee of your rewards.

A 0 percentage credit score card is good if you're seeking to finance a big buy or pay down high-interest debt by way of manner of a stability transfer. In case you have a tendency to carry a stability month to month, look for a card with a low ongoing interest fee.

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two years ago, you purchased 220 shares of ibm stock for $124 a share. today, you sold your ibm stock for $142 a share. for this problem, ignore commissions that would be charged to buy and sell your ibm shares and dividends you might have received as a shareholder. quizlet

Answers

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two years ago, you purchased 220 shares of ibm stock for $124 a share. today, you sold your ibm stock for $142 a share. for this problem, ignore commissions that would be charged to buy and sell your ibm shares and dividends you might have received as a shareholder.

Which describes a component of a business plan that describes the ways in which a business will make money?

key metrics
unique value proposition
executive summary
revenue streams

Answers

The executive summary is the ways in which a business will make money.

An executive summary (or control summary) is a short record or phase of a film produced for commercial enterprise functions. It summarizes a longer document or notion or a collection of associated reports in this type of manner that readers can unexpectedly turn out to be familiar with a massive body of fabric while not having to study all of it. It usually contains a brief statement of the problem or idea covered inside the foremost record(s), background statistics, concise analysis, and principal conclusions. it's far meant as an aid to selection-making through managers and has been defined as the maximum essential part of a marketing strategy.

An executive summary was turned into formerly known as a summary. It differs from an abstract in that a summary will normally be shorter and is normally meant as an outline or orientation as opposed to being a condensed model of the entire record. Abstracts are substantially used in educational studies wherein the idea of the executive summary isn't in commonplace usage.

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expenses to be prorated (such as lawn care services) that have been paid by the seller but not fully used up are called

Answers

expenses to be prorated (such as lawn care services) that have been paid by the seller but not fully used up are called prepaid items.

Prorated:

Prorated refers to being corrected for a specified time period. For example, if an employee is due $80,000 a year and starts on July 1, their prorated salary for that year would be $40,000.

What is Prepaid Items?
An expense that is paid for in one accounting period but for which the underlying asset will not be used until a later period is known as a prepaid expense. The asset is charged to expense when it is eventually consumed. There might be a number of equivalent charges to expenses if consumed throughout several time periods. In order to more precisely align the periods in which they are actually spent with the periods in which they are recognized as expenses, expenditures are documented as prepaid expenses. In the short term, a company's assets and income would be overstated if they didn't apply the prepaids concept. Under the cash basis of accounting, which is frequently employed by smaller firms, the prepaids concept is not utilized.

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HELP PLZZZZZZZ ILL GIVE BRAINLYEST OR POINTS

3. (04.07 MC)
Amber wants to give her audience coples of her presentation so they can follow along and take notes. What option should Amber choose in the Print menu? (5 points)
Print Pull Page Slides
O Print Handouts
Print Notes Pages
Print Presentation

Answers

Answer: Print Handouts I got y’all

Explanation:I just checked I got my 5 points for the right answer welcome can I get brainlesist or a heart??.

Answer:

Print handouts

Explanation:

I got it right on the test!!!!!

Means that the purchase and consumption of a good makes the purchase and consumption of that good unavailable to another person.

Answers

Rivalry means that the purchase and consumption of a good make the purchase and consumption of that good unavailable to another person.

A good is said to be rivalrous or in a rival state if its consumption by any particular consumer will prevent simultaneous consumption by many other consumers, or if the primary consumption by one person makes a reduction in the ability of another party for consuming it.

Most tangible goods are considered as both durable as well as non-durable ones and are called rival goods. When we take the case of the hammer, it is considered as a durable type of rival good. The use of the hammer by one person presents a specific barrier to others who desire to use at the same time that particular hammer. Generally, the first user does not want to  "use up" the hammer, which means that some rival types of goods can also still be shared according to time.

In economics, a particular good is once said to be a rival one if its consumption by any one consumer makes prevention in simultaneous consumption which is done by other consumers or it is considered as if consumption by one party makes a reduction in the ability of another party for the consuming purpose. A good is said to be non-rivalrous if, for any special level of production, the cost of providing it to an additional individual will be zero. A good is in an "inclusive" state if each person can benefit more from it when other people start to consume it.

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jose owns a dog whose barking annoys jose's neighbor jane. suppose that the benefit of owning the dog is worth $100 to jose and that jane bears a cost of $200 from the barking. assuming jane has the legal right to prevent jose from having a dog, a possible private solution to this problem is:

Answers

A possible private solution to this problem is Jane can pay Jose $150 to give the dog to his parents who live on an isolated farm.

What are Animal rights?

Whether non-human animals have rights and what is meant by animal rights are hotly debated topics.The implications of recognizing that animals have rights are significantly less contentious.

Animal rights educate us about what is morally wrong to do to animals and what is wrong to do to them as a matter of principle.No matter how much it would cost humanity to refrain from committing those acts, humans must not do them. Even when done in a humanitarian manner, those tasks must not be done by humans.

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