Wiser Pharmaceutical has received a utility patent from the US Patent and Trademark Office. It sold this patent to another pharmaceutical company for $50,000. Under which accounting head did Wiser record the patent in its books of accounts before the sale?
A. expenses
B. income
C. intangible assets
D. tangible assets

The correct answer is A. Quota.

Quota is an example of Trade regulation.

Quota is termed as the trade restriction of government imposed which limits monetary value or number of goods for a particular period which a country may either export or import.

The purpose of countries using quotas is to be able to regulate volume of trade. By restricting competition of foreign quotas it helps to boost domestic production.

Answer:

A. Quota

Explanation:

Journal entries include the receipt of a customer payment, receipt of inventory, and payment for inventory ordered, with one case requiring no journal entry (purchase order).

The preparation of journal entries is a core function in accounting. Below are the journal entries for each source information provided:

a. Purchase order dated October 13 for massage chairs costing $835 and oil supplies costing $310: No Journal Entry Required. A purchase order is not an accounting transaction yet, as no goods have been received nor has any payment been made.

b. Remittance advice from customer for $107, received October 17:

Debit: Cash $107

Credit: Accounts Receivable $107

This entry records the receipt of cash from a customer, decreasing Accounts Receivable and increasing Cash.

c. Receiving report indicating October 22 receipt of October 13 order. Also received supplier invoice totaling $1,145:

Debit: Inventory $1,145

Credit: Accounts Payable $1,145

This entry records the receipt of inventory that has been ordered, increasing Inventory and Accounts Payable accordingly.

d. NGS check for payment in full of October 13 order:

Debit: Accounts Payable $1,145

Credit: Cash $1,145

This entry records the payment made for the purchase, decreasing Accounts Payable and Cash.

a. Purchase of Massage Chairs and Oil Supplies:

Debit: Massage Chairs Inventory $835

Debit: Oil Supplies Inventory $310

Credit: Accounts Payable $1,145

b. Receipt of Customer Payment:

Debit: Cash $107

Credit: Accounts Receivable $107

c. Receipt and Invoice for October 13 Order:

Debit: Accounts Payable $1,145

Credit: Massage Chairs Inventory $835

Credit: Oil Supplies Inventory $310

d. Payment of October 13 Order:

Debit: Accounts Payable $1,145

Credit: Cash $1,145

Answer: D. 60,000 shares at $5 per share

Explanation:

The company has 15,000 shares and offers to split the stock four-for-one. It means that the there will be four times the number of shares but the total value of the shares, before and after the split, would remain the same.

The total value of shares = $15,000 x 20 = $300,000

Since the stock split is 4-for-1, the number of shares would be = 15000 x 4

= 60,000 shares

Therefore the total value of shares divided by the number of shares will give us the par value of the shares:

300,000 / 60,000 = $5

D. 60,000 shares at $5 per share

A.) Private universities can cost three times as much to attend as public universities.

Hope this helps :)

From the graph that we have here what is shown is that private universities can cost three times as much to attend as public universities.

The yellow bar on the graph stands for the private universities and from the prices that they carry, we can see that they cost more than the public schools.

Compared to the public schools, their prices are about three times as much.

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Answer: B. Occupational Outlook Handbook

54.5%

= (49.03÷89.97)*100

= 54.50%

Therefore, the watch that Amazon is currently selling is worth $89.97 as per its cost and after charging a mark-up percentage of 64.73%, Amazon is selling the stop watch for $139. The mark-up is being calculated by putting the profit of the watch as the percentage of the cost of the watch.

Technology

Outsourcing and telecommuting are the trends related to presence of growing technology within the economy allowing various services to be outsourced to people who are more of an expert when it comes to handling those procedures. Overall, these trends are mainstream nowadays and allow businesses to succeed in an articulate manner together with allowing tertiary industry to thrive

Answer:diversity(b)

Explanation:

The accrual basis of accounting are expenses that meet with the relevant revenues and/or are notified when the expense happens, not when the payment is cleared. The completion of accrual accounting is an income statement that sufficiently covers the profitability of a business during a definite time period.

Answer:

The answer is C.

Explanation:

Here is you're answer:

Wages is the amount of money a person gets paid for labor, derived demand is a demand for more money because of the increase of labor the workers have to do. To conclude the relationship between the two is that "if the worker gains more labor they would make a derived demand to increase their wage."

Hope this helps!

Derived demand is the demand for labor generated by the demand for a good or service. As this demand increases or decreases, it drives up or down the associated demand for labor and thus the wages. Other factors can also influence this correlation.

The relationship between wages and derived demand links back to the concepts of labor and production in economics. Derived demand is a term that refers to the demand for an input (like labor) based on the demand for the output it helps produce. Wages, in this context, can be seen as the price of labor.

For instance, if there is a high demand for a product or service (like restaurant meals), the demand for labor (like chefs) to produce that product or service increases. This rise in labor demand drives up wages as employers vie to attract the needed workforce. The reverse is also true: if demand for a good or service decreases, the demand for labor to produce it also diminishes, and consequently, wages may be lowered.

Notably, the shifts in demand for labor and resultant wage changes aren't solely due to changes in product or service demand. They can be influenced by multiple factors like technological developments, changes in labor force demographics, government policies, and the economic climate as a whole, among others.

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The answer is "d. all of the above".

An experience that would be listed in the “other experience” category would include military service, awards earned and leadership opportunities.

If at all possible, utilize relevant experience to help your goal. This experience can be paid or unpaid, a temporary job, field think about, a generous class venture, volunteer positions, or positions held in clubs, and so on.  

On the off chance that your experience appears to break into two distinct classifications of "related" and "other," you can utilize these two headings and separation your experience along these lines. Related experience may incorporate a blend of paid business, humanitarian effort, understudy association work, and so forth. You can give more detail "as far as you can tell" area, and forget points of interest in the "other experience" segment.

Answer:

all of the above d.

Explanation:

True

It is imperative that both internal and external aspects are present for a company's growth and profits. Internal growth includes growth in the company's physical and human capital whereas external growth includes various forms of mergers and integrations. Internal reasons that impact profits include the efficiency of its employees and external reasons include for example a low raw material price gained by bargaining.

Answer:

The answer is created a first-place science fair project.

Explanation:

When writing a resume, we usually refrain from using subjects when explaining our past work experiences and achievements. Generally, we focus on using verbs in past tense to explain what we have managed to do in these contexts. More specifically, it is preferred to use action verbs since our resume is supposed to give an explanation on what we have done in the past.

B. adds up all the income collected by all the sellers.

Calculating GDP via the income approach of the established approaches, the income generated by all factors of production is the most accurate answer for the Gross Domestic Product (GDP) of a country. This therefore establishes that the income generated by factors in the household in exchange of the services or products they have provided to consumers, represent the value of the total goods and services sold in the economy.

Answer: B.adds up all the income collected by all the sellers.

Explanation:i need points but i just took this test

This situation can be modeled by an exponential equations.  Exponential equations typically take the form [tex]y=ab^{x}[/tex].  In an interest problem, a represents the initial deposit, b is the yearly interest rate, x is the number of years, and y is the total amount of money.

Start by filling out what you know:

a: 1000

b: 1.02 (Fred will have all of the money he had before (1) plus the interest rate (2%=2/100=0.02)

x: 5

y: ?

Now, all you have to do is solve.

[tex]y=1000(1.02)^{5}[/tex]

[tex]y=1000(1.104)[/tex]

[tex]y=1104[/tex]

1104-->1100

The final answer is B. $1100.

Hindsight bias is when people view events more predictable than they really are.

Its an instruction or command someone gives.

Commission can be a job or task that is given or it can mean the amount of money somebody makes.

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The financing option with the highest overall costs often tends to be credit cards due to their high interest rates. However, costs can vary depending on several factors such as the person's credit score, loan duration, and type of loan. Choosing the right financing option requires diligent consideration of these variables.

The financing option with the highest overall costs often tends to be credit cards. Interest rates for credit cards can be quite high, often reaching or exceeding 20%. However, it's important to note that different finance options have varying costs depending on several factors such as the person's credit score, loan duration, and the type of loan. For instance, payday loans and car title loans can also have very high costs.

For example, if you borrow $500 on a credit card with a 20% annual interest rate and make only the minimum payments, it could take you several years to pay off the debt and you may end up paying several hundred dollars in interest. In contrast, a personal loan or a mortgage would generally offer lower interest rates. Therefore, choosing the right financing option for a specific situation requires diligent consideration of these variables.

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pollution

building up in countryside

over population

the answer is C. the board of directors

A retained earnings appropriation is a restriction on a company's retained earnings enacted by the board of directors. These earnings are typically earmarked for a specific use or purpose in the company, like for future investments or to buffer potential losses.

A retained earnings appropriation is essentially a limit or restriction placed on a company's retained earnings, typically for a specific use or purpose. The correct answer to the question is C. The board of directors is the entity that enacts a retained earnings appropriation in a company. This process occurs when the board of directors, typically in accordance with laws or regulations, decides to earmark a portion of the retained earnings for a specific purpose, like for future investments or to cover potential losses. Senior management, accountants, and stockholders do not have the authority to make such an appropriation.

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Answer:

to assure others of one's qualifications to do a task or job

Explanation:

Answer:

to assure one's qualifications to do a task or job

Explanation:

Hey!

The answer should be Outsourced!

Hiring external workers to perform former company jobs is known as outsourcing. Outsourcing involves contracting jobs to an outside party, sometimes overseas, causing changes in the job market and contributing to structural unemployment.

Hiring external workers on a contract basis to perform company work formerly done by company employees means that the job has been outsourced. Outsourcing is a practice where jobs are contracted to an outside source, which could be another company within the same country or in a different country. This practice can lead to a polarization of the job market, where there is an increasing division between low-end and high-end jobs, and a decrease in middle-level jobs. For example, many U.S. companies outsource jobs such as customer care, billing services, and other roles to other countries where labor costs are lower. This had led to a shift in the demand for workers and the types of jobs available, contributing to structural unemployment. Moreover, offshoring is a related concept that involves moving some of a company's operations overseas, often to take advantage of cheaper labor markets.

The company could improve profitability by "setting the price for this product line higher than its typical offering because of the increased perceived value by customers."

Profitability is the capacity of a business to gain a benefit. A Profit is what is left of the income a business creates after it pays all costs specifically identified with the age of the income, for example, delivering an item, and different costs identified with the direct of the business exercises.  

Profitability can additionally be characterized as the capacity of a business to create an arrival on a speculation dependent on its assets in correlation with an elective venture. There are a wide range of routes for you to break down Profitability.

1. Organization

2. Time management

3. Adaptability

4. Communication

5. Openness

6. Leadership

the answer is false

Today, almost every career path is open to men, but women are still limited in which jobs they can have, is the false statement.

Women are less likely to be taken into account throughout the employment process in nearly 30% of cases. First of all, applications with fewer qualifications are more likely to exhibit gender bias; further knowledge and job experience are also important.

In the U.S. government's December jobs report, there was an intriguing fact that was buried deep inside the report: women held more jobs than men, holding 50.04% of the available positions. The U.S. Bureau of Labor Statistics reports that there are currently 109,000 more women employed than men.

Women were 14% less likely to be promoted at one organization, according to a recent MIT study, and "a major factor limiting women from being promoted is that they are regularly perceived to have weaker leadership potential than men," according to the report.

Thus, it  is the false statement.

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Amateur Athlete

An athlete who is not professional and therefore doesn't have an optimal structure of expertise or skill set which is considered to be qualified enough to be paid for the services executed and the level of skill set delivered. This therefore is an important consideration when it comes down to receiving payment for the service delivered and the quality that comes embedded within the delivered service.

A uncontrollable risk would be like a risk for a disease. Some people have parents who have a disease such as diabetes and it was passed off to their offspring which is a example of a uncontrollable risk. So in this case it wouldn't be option B because you can choose another place for you're business, wouldn't be option C because that wouldn't count much of a risk because you can loose money or you can gain money. It also wouldn't be option A because it's the change of laws that can or will affect a business. So the best answer to this question is option D "Entering into a franchise agreement."

Hope this helps!

Answer:

A. a change in government regulations.

Explanation:

Changes in government regulations is something people can't prevent from happening, therefore, it's an uncontrollable risk.

Final answer:

An elevator pitch is a brief and persuasive speech designed to introduce yourself or your organization in a way that sparks interest from potential employers or clients. It's concise, tailored to the audience's interest, and delivered with confidence, usually within the timeframe of an elevator ride. Effective elevator pitches include background information, a value proposition, and a call to action.

Explanation:

An elevator pitch is a brief, persuasive speech that you can use to spark interest in what your organization does or in yourself as a job candidate. It should be concise enough to be delivered during a short elevator ride, hence the name. The idea is to provide a quick but powerful impression of your brand, background, skills, and goals, all tailored to your listener's interests and needs. Elevator pitches are often used during networking, cold calling, job interviews, or chance encounters with potential employers or clients.

Tips for creating an effective elevator pitch

When crafting your elevator pitch, begin by providing a background of your experience, education, and skills. Then, articulate what you have to offer and why it matters to your audience. Finish with a clear call-to-action or next step, such as a follow-up meeting or call.

Music and memories™ is best classified as a "non-profit" organization.

A non-profit organization (NPO) is one which isn't driven by benefit yet by commitment to a given reason that is the objective of all wage past what it takes to run the association.  

Non-profit organizations are regularly utilized for trusts, cooperatives, backing, philanthropy, natural and religious gatherings.  

Numerous however not all NPOs have paid staff in administration positions; all utilization volunteers. NPOs have no proprietors for surplus benefits to go to and any surplus subsequent to working costs are utilized to encourage its objectives as opposed to being conveyed between individuals or representatives of the organization.

Final answer:

Music and Memories™ is best classified as a non-profit organization as it reinvests excess funds into enriching programs rather than personal profit.

Explanation:

Music and Memories™ is best classified as a non-profit organization because although it aims for financial gain, it reinvests excess funds into enriching its programs rather than for personal profit. This aligns with the characteristics of a non-profit organization that prioritizes a mission over making money for individuals.