The label on a box of bran cereal carries a "high-fiber" claim. what type of claim is this?

What factors are encouraging financial institutions to offer overlapping financial services such as banking, investment banking,

Anna11 [10]

Answer:

B. I and II only

Explanation:

I. Regulatory changes allowing institutions to offer more services II. Technological improvements reducing the cost of providing financial services

7 0

2 years ago

The closing entry process consists of closing:A)all asset and liability accounts.B)out the Retained Earnings account.C)all perma

allochka39001 [22]

Answer:

D.) All the temporary accounts

Explanation:

The closing entry process closes or "zeroes out" the temporary accounts and transfer their balances to the retained earnings account.

Theses temporary accounts are closed or reset at the end of every year. Companies also call this as the closing of the books.

Temporary accounts includes:

1. Revenue & Gain Accounts

2. Expenses & Losses Accounts

3. Dividends & Withdrawal Accounts

4. Income Summary accounts (if used)

8 0

2 years ago

You are analyzing an investment property. You forecast the effective gross income to be $396,000. The operating expenses for thi

3241004551 [841]

Answer:

Explanation:

Given:

Effective Gross Income(EGF) : $396,000

Operating Expenses(OE) : $176,000 ( Including $4,400 reserve for replacements)

To Find Net Operating Income(NOI):

NOI = EGF - OE

NOI = $396,000 - $176,000

NOI = $220,000

So the Net Operating Income is $220,000

7 0

2 years ago

A factory machine was purchased for $375000 on january 1, 2018. it was estimated that it would have a $75000 salvage value at th

natima [27]

Given that a<span> factory machine was purchased for $375000 on january 1, 2018. it was estimated that it would have a $75000 salvage value at the end of its 5-year useful life. it was also estimated that the machine would be run 40000 hours in the 5 years. the company ran the machine for 4000 actual hours in 2018.

If the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2018 would be

$\frac{375000-75000}{40000} \times4000= \frac{300000}{10} =\$30,000$ </span>

4 0

2 years ago

Ted landry finds he has less and less energy to go to work each day. on average he misses two days a week. ted may be suffering

harina [27]

I think it might be either c or d.

3 0

2 years ago