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2 years ago

“accounting is ingrained in our society and it is vital to our economic system.” do you agree? explain.

1 answer:

4 0

Accounting whether it is good or bad, it is what makes or breaks a business. A good accounting system will offer the management with the tools to make money-making business decisions. Management, large or small, can see what's profitable and what's causing the business to be unable to find money. A poor accounting system, whether it is disordered or simply illegal can collapse a business. Management will make poor decisions based on poor or non-existent accounting systems. Management sometimes chooses to use accounting for unethical motives. In either case, accounting is ingrained in society and affects the economic system for better or worse. Accounting is important because it is a device that gives an indication of how well the economy is growing, the areas that need improvement and the areas that need to be improved.

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Jill is starting a fast food delivery company. she has designed a logo and plans to print flyers to advertise her services. jill

Fittoniya [83]

<span>To help protect her publishing rights, she should register a copyright.
Copyright will granted Jill exclusive use for her original works and how should it distributed.
With this, no-one could steal the idea and beat jill in the market simply because they have larger amount of capital.</span>

6 0

3 years ago

Clyde is a cash-method taxpayer who reports on a calendar-year basis. This year Paylate Corporation has decided to pay Clyde a y

sergey [27]

Answer:

A) $1,000: the constructive receipt doctrine states that if the income is not subject to limitations or restrictions, then it should be taxed as soon as it was available, not necessarily when it was received.

B) $100: he only received $100, this year, the rest was given to him on the following year.

C) $1,000: since Clyde received the mail before the end of the year, the constructive receipt doctrine applies.

D) $0: the constructive receipt doctrine does not apply due to the restriction of the check being postdated.

4 0

2 years ago

"when the assembly line was applied to more industries, america entered the:"

myrzilka [38]

<span>Production economy. This was a period when America was less on exporting raw goods and more into processed goods, which have greater value because of the processes that made it more manageable and usable by the public or other industries.</span>

3 0

2 years ago

While she was travelling, Zainab took advantage of the convenience of cash withdrawals on her credit card since her Canadian deb

Dvinal [7]

1. Zainab's total bill when she got home will be <u>$3,703.33.</u>

2. The total interest paid is <u>$28.33</u>.

<h3>What is a credit card?</h3>

A credit card is a payment card that enables the cardholder to make purchases charged to a line of credit instead of the account holder's cash deposits. The credit card account accrues interest periodically (most ideally, daily) and payment may be required each month to offset the balance.

<h3>What is Future Value?</h3>

The future value is the amount that will be due on an investment or payment after compounding interest for a future date. The future value can be computed with the formula below.

FV = PV(1+r)^n

Where:

FV = future value

PV = present value

r = annual interest rate

n = number of periods interest held

The future value can also be calculated using an online finance calculator as follows:

<h3>Data and Calculations:</h3>

Annual interest rate = 28%

Daily interest rate = 0.0767 (28%/365)

N (# of periods) = 21 days

I/Y (Interest per year) = 28%

PV (Present Value) = $0

PMT (Periodic Payment) = $175

P/Y (# of periods per year) = 365 days

C/Y (# of times interest compound per year) = 365 days

<u>Results</u>:

FV = $3,703.33

Sum of all periodic payments = $3,675.00 ($175 x 21)

Total Interest = $28.33

Thus, Zainab's total bill is $3,703.33 with an interest of $28.33.

Learn more about future value (total bill) at brainly.com/question/24703884

7 0

1 year ago

In a decision support system graphical model typically _____

AURORKA [14]

The answer would be A. A DDS supportive framework called GMCA (Graph Model for Conflict Analysis) actualizing the multi-player chart display for dissecting clashes is produced. GMCA contains calculations for the fast calculation of an extensive variety of arrangement ideas, in this way empowering leaders to assess the assorted variety of human conduct.

6 0

2 years ago