Advertiser Co.’s directors voted immediately after year end to double the advertising budget for the coming year and authorized a change in advertising agencies. What is the effect of this event on the year-end statements?

Answers

Answer 1

Answer:

No financial statement revision.

Explanation:

Financial statements are a snap shot of the performance of a business within a given period. The period is always defined and can be a month, a quarter, biannual, or a year.

In this instance the financial statements for the previous year has already been prepared, and Advertiser Co.’s directors voted immediately after year end to double the advertising budget for the coming year and authorized a change in advertising agencies.

There will be no revision of financial statement as this activity happened after the year the financial statement is reporting for.

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A study attempted to estimate the proportion of Florida residents who were willing to spend more tax dollars on protecting the Florida coastline from environmental disasters. Forty-two hundred Florida residents were surveyed.Which of the following is the population used in the study?a) all Florida residentsb) Florida residents willing to spend more tax dollars protecting the coastline from environmental disastersc) all Florida residents who lived along the coastlined) the 4200 Florida residents who were surveyed
When a partnership is liquidated, the journal entry to pay the claims of creditors would include a debit toA. Cash and a credit to each individual creditor. B. each individual creditor and a credit to Cash. C. each individual partner’s capital account. D. each individual partner’s capital account and a credit to Cash.
What is one difference between a firm in a perfectly competitive industry and a firm in a monopolistically competitive industry?A) A monopolistically competitive firm does not face a downward-sloping demand curve.B) A monopolistically competitive firm faces competition from firms producing close substitutes.C) A monopolistically competitive firm is guaranteed to make more than normal profits in the long run.D) A monopolistically competitive firm does not choose a level of output where marginal cost is equal to marginal revenue.
For several years, a professor at Johns Hopkins University had been using the following grading scheme for his final exam: He would give an A to the student with the highest score. The grades of the remaining students were then based on what percentage their scores were of the top student's score. In the fall of 2012, the students in the class came up with the idea of boycotting the final exam. They stood in the hallway outside the classroom but did not enter the room to take the exam. After waiting for a time, the professor cancelled the exam and, applying his grading scale, gave everyone in the class an A on the exam. An article in the New York Times about this incident observes: "This is an amazing game theory outcome, and not one that economists would likely predict." Source: Catherine Rampell, "Gaming the System," New York Times, February 14, 2013. Game theory indicates the students' strategy was unlikely to work because
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Comparing and contrasting sets of data in order to rank them and make a decision best defines _____.a. personal information
b. evaluation
c. career information
d. personal career profile

Answers

Comparing and contrasting sets of data in order to rank them and make a decisions best defines as evaluation. In evaluation, you need to rank your employees for the compensation or salary increase that they will receive. The most performer will receive the biggest increase since he has done bigger.

Answer: is B

Explanation:

Just took the test............

What is a public good?

Answers

Answer:

a shared good or service for which it seems impractical to make consumers pay individually and to exclude nonpayers

Explanation:

a non-profitable service that is provided to anyne in society

Barry joined the military after high school, where he learned how to maintain and fix airplanes. Now he does similar work for a large airline and is also responsible for teaching in-house training programs. Which best describes his work environment?a. Barry splits his time between a noisy airport runway and a quiet aviation repair shop.
b. Barry splits his time between a noisy aviation repair shop and a quiet office and classroom.
c. Barry splits his time between a noisy warehouse and a quiet office and classroom.
d. Barry splits his time between a noisy aviation repair shop and a quiet aviation control tower.

Answers

The best description of Barry's work environment is that he splits his time between a noisy aviation repair shop and a quiet office and classroom. Here, he works on maintaining and fixing airplanes for a large airline and also teaches in-house training programs. Therefore, option d is correct.

What do you mean by worl environment?

Work environment refers to the physical and social conditions in which an individual works. This includes the physical space, such as the layout of the workplace, the lighting, temperature, and noise levels.

It also includes the equipment and tools required to perform the job, as well as the health and safety protocols in place. The social environment includes the culture of the organization, the communication and interpersonal relationships among colleagues, and the leadership style of supervisors.

The work environment can have a significant impact on an individual's well-being, job satisfaction, and productivity. It is important for employers to create a positive work environment that supports the physical and emotional health of employees, as well as fosters a sense of community and belonging.

Learn more about work environment here:

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The answer is B - this is how Barry splits his time.

What savings account generally pays the least amount of interest of all savings options?account

Answers

Answer:

Regular savings accounts

Explanation:

Regular savings accounts are also called deposit savings accounts. They are the easiest way to save money in a bank or credit union and receive interest. These types of accounts require a small deposit to open, and the minimum balance is also low. One can avoid monthly charges by maintaining the minimum balance at all times.

The deposit/regular savings accounts are very liquid. Most banks will not have restrictions on the number of deposits and withdrawals per period, say a month. Due to this feature, these accounts earn the lowest interest compared to the other savings accounts. Deposit/ regular accounts are also referred to as transactional savings accounts.

The other types of savings accounts include Money market accounts and Certificates of deposit accounts.

What range of interest rate on atraditional loan can a company in good
financial standing expect from a bank?
A. 1% up to 10%
B. 15% up to 25%
C. 30% up to 45%
D. 50% and up.

Answers

The correct answer is B

If 200 people have been working on developing a new community that will feature houses and small businesses, what will happen to the PPC of the community if 100 people withdraw from developing the community?A.)the PPC will shift to the right
B.)the PPC will shift to the left
C.)the PPC will not change
D.)the PPC will become steeper

Answers

If 200 people have been working on developing a new community that will feature houses and small business, the thing that will happen to the PPC of the community if 100 people withdraw from developing the community is that D) the PPC will become steeper.

The answer is not D. For plato the answer is B.

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