Business, 21.09.2020 18:01, genyjoannerubiera
Identify each of the following items as:
(a) an asset,
(b) a liability,
(c) revenue,
(d) an expense, or
(e) a dividend:
1. Amounts due from customers
2. Amounts owed to suppliers
3. Cash on hand
4. Cash paid to stockholders
5. Cash sales
6. Equipment
7. Note payable owed to the bank
8. Rent paid for the month
9. Sales commissions paid to salespersons
10. Wages paid to employees
Answers: 2
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Which of the following is the least risky? collectables stock savings bond savings account
Answers: 2
Business, 21.06.2019 18:20, winterblanco
Saeed needs money to purchase tools, basic office supplies, parts to refurbish equipment, accounting software, and legal fees. believing saeed's business will be a success, an investor invests $5,000 to saeed open his business. in return, saeed agrees to repay the investor the $5,000 plus 17 percent of the profits of the business. calculate the return on investment for the investor if saeed's business makes $7,000 in profit as a total return of the business in its first year.
Answers: 1
Business, 22.06.2019 11:00, HUNIXX6561
Samantha is interested in setting up her own accounting firm and wants to specialize in the area of accounting that has experienced the most significant growth in recent years. which area of accounting should she choose as her specialty? samantha should choose as her specialty.
Answers: 1
Business, 22.06.2019 19:40, Animallover100
Best burger is a major fast food chain. its managers are motivated to grow the firm in order to increase their market power and change the industry structure in their favor. which of the following strategies is most associated with their motive for growth? a. employing celebrity spokespeople b. implementing automated burger-making machinery c. purchasing competitors d. increasing executive salaries
Answers: 3
Identify each of the following items as:
(a) an asset,
(b) a liability,
(c) revenue,...
(b) a liability,
(c) revenue,...
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