The following is the adjusted trial balance for Miller Company:
Cash 8,130
accounts receivable 3,300
prepaid expenses 2,750
equipment 10,400
accumulated depreciation 2,200
accounts payable 2,700
notes payable 1,000
common stock 9,200
retained earnings 2,000
dividends 4,870
fees earned 36,600
wages expense 12,450
rent expense 4,900
utilities expense 3,475
depreciation expense 2,150
miscellaneous expense 1,275
totals 53,700 53,700
Prepare closing entries AND the post-closing trial balance.

Answers

Answer 1

Closing entries are journal entries made at the end of an accounting period to transfer the balances of temporary accounts (such as revenue, expense, and dividend accounts) to the permanent retained earnings account. The post-closing trial balance is a list of all the accounts and their balances after the closing entries have been made.

How to Prepare a Closing Entry and Post-closing Trial Balance?

The closing entries for Miller Company in the given scenario are:

Debit fees earned for $36,600 and credit income summary for $36,600Debit income summary for $23,250 and credit wages expense for $12,450, rent expense for $4,900, utilities expense for $3,475, and miscellaneous expense for $1,275Debit retained earnings for $13,350 and credit income summary for $13,350Debit dividends for $4,870 and credit retained earnings for $4,870

The post-closing trial balance is:

Cash 8,130

Accounts Receivable 3,300

Prepaid Expenses 2,750

Equipment 10,400

Accumulated Depreciation 2,200

Accounts Payable 2,700

Notes Payable 1,000

Common Stock 9,200

Retained Earnings 10,480

Fees Earned 0

Wages Expense 0

Rent Expense 0

Utilities Expense 0

Depreciation Expense 0

Miscellaneous Expense 0

Totals 53,710 53,710

Learn more about closing entries here: https://brainly.com/question/27857473

#SPJ1


Related Questions

Tom has a successful business with 100,000 of taxable income before the election to expense in 2021. He purchases one new asset in 2021 a new machine which is 7 year macro property and costs 25,000

Answers

Tom should elect to expense (Section 179). He gets a full write-off of the asset, Which can offset his tax burden.

What is Taxable Income?

The basic income used to calculate taxes is known as taxable income. It may contain all or part of the revenue and is lessened by outgoings and other deductions. Depending on the country and its system, different amounts are included as income, costs, and other deductions.

Instead of capitalization and depreciating the item over time, company owners can receive an instant expenditure deduction under Section 179 of the U.S. Internal Revenue Code for purchases of depreciable business equipment. If the piece of equipment is acquired or financed and the entire purchase price qualifies for the deduction, the Section 179 deduction may be taken.

Therefore, Tom should elect to expense.

Learn more about Taxable Income, here;

https://brainly.com/question/17961582

#SPJ1

Your question is incomplete, the complete question is;

Tom has a successful business with $100,000 of income in 2021. He purchases one new asset in 2021, a new machine which is 7 yr MACRS property and costs $25,000. If you are his tax advisor, how would you advise him to treat the purchase for tax purposes in 2021? Why?

terms such as generic market and product-market are examples of market definitions that can be useful to firms searching for opportunities.

Answers

Terms such as generic market and product-market are examples of broad market definitions that can be useful to firms searching for opportunities.

What does broad market means in marketing?

In marketing, "broad market" generally refers to a large and diverse group of potential customers who share general characteristics such as demographics or needs, but who may have different preferences or behavior. This is in contrast to a "niche market," which refers to a smaller and more specific segment of the market with unique needs or characteristics.

Read more about broad market

brainly.com/question/28104656

#SPJ1

some of the following represent the characteristics of a successful software project. which of the answers is not a successful characteristic?

Answers

The answer that is NOT a successful characteristic of a software project is:

Completing the project quickly without thoroughly testing the software.

Thorough testing is a critical aspect of a successful software project. Rushing to complete a project without adequate testing can result in serious errors, security vulnerabilities, and performance issues, which can ultimately lead to unsatisfied users, costly fixes, and lost business. Therefore, a successful software project should involve a careful and comprehensive testing phase to ensure that the software is functioning as intended, meets user requirements, and is free of bugs and other issues. This will lead to a higher quality end product and a more successful project overall.

learn more about successful software project at :

https://brainly.com/question/30359270

#SPJ4

Given the individual demands for video downloads in the above table, and assuming that these three people are the only ones in the market, which of the following statements is NOT true about market demand for video downloads?
A) The market quantity demanded at a price of $5 is 10.
B) The height of the market demand curve at a quantity demanded of 22 is $3.
C) The height of the market demand curve at a quantity demanded of 16 is $5.
D) The market quantity demanded at a price of $2 is 28.

Answers

Option (C) With a quantity needed of 16, the market demand curve's peak is $5.

Which of the following accurately sums up the three key causes for the downward sloping demand curve?

The aggregate demand curve's declining slope can be attributed to three main factors. They are the wealth effect of Pigou, the interest rate effect of Keynes, and the exchange rate effect of Mundell-Fleming.

What additional benefit or pleasure does purchasing or using an additional unit of a product provide?

The increased usefulness or satisfaction a person receives from purchasing or using one more unit of a product is known as marginal utility. When we use a product more frequently, we start to feel as though the extra satisfaction is no longer present, which is known as diminishing market utility.

To know more about market demand visit :-

https://brainly.com/question/29703449

#SPJ1

Albert Wild was served a summons by the Internal Revenue Service (IRS) to appear and provide his business records about the tax records of his Air Condition Supply Company, of which Wild was owner and president. The IRS claims that Wilder owes $2,000,000 in late taxes. He appeared, but refused to produce his business records, claiming Fifth Amendment protection against self-incrimination. Which of the following is the best answer or answers? a. Wild is correct, he is protected and does not have to provide his business records. b. Wild is not correct, since the records are already in existence, so he has to produce the business records. c. Since the IRS is a government agency, the burden of proof is on Wild to prove he does not owe the $2,000,000. d. b and c e. none of these

Answers

A. Wild is correct, he is protected and does not have to provide his business records

The fifth Amendment

Criminal defendants are also shielded from testifying by the Fifth Amendment if they could implicate themselves in the testimony. If a witness feels that providing an answer could put them in jeopardy, they may "plead the Fifth" and refuse to answer.

Individuals are protected from self-incrimination under this constitutional protection. In any criminal matter, they have the right to decline to testify at a trial, to respond to inquiries, or to withhold information that could be used against them.

Learn more about the fifth amendment here:

https://brainly.com/question/16036232

#SPJ1

river company began the accounting period with a $132,000 debit balance in its accounts receivable account. during the accounting period, river company earned revenue on account of $180,000. the ending accounts receivable balance was $116,000. required based on this information alone, determine the amount of cash inflow from operating activities during the accounting period. (hint: use a t-account for accounts receivable. enter the debits and credits for the given events, and solve for the missing amount.)

Answers

If  river company began the accounting period with a $132,000 debit balance in its accounts receivable account. the amount of cash inflow from operating activities during the accounting period is $196,000.

How to find the cash inflow?

Cash inflow in accounts receivable accounts is the cash collections.

Cash collections = Beginning Accounts receivable + Revenue on account - Ending accounts receivable

Let plug in the formula

Cash collections = $132,000 + $180,000 - $116,000

Cash collections = $196,000

Therefore the cash inflow is $196,000.

Learn more about cash inflow here:https://brainly.com/question/10922478

#SPJ1

which of the following has been defined as an economic resource of production? group of answer choices money demand markets capital all of the above

Answers

Capital is the sum of money that a business keeps on hand to support both ongoing costs and potential future growth. Economics is where we get the idea that (D) capital is a useful resource.

What is capital?

A company's capital is the money it has on hand to cover both its ongoing expenses and potential future expansion.

Working capital, debt, equity, and trade capital are the four main categories of capital.

Brokerages and other financial entities employ trading capital.

The definition of capital as a productive resource comes from economics.

Capital in business refers to the funds a firm needs to operate and grow.

Cash on hand, accounts receivable, close cash, equity, and capital assets are typical kinds of capital.

Capital assets are significant, long-term investments that aren't meant to be sold as a regular component of your firm.

Therefore, capital is the sum of money that a business keeps on hand to support both ongoing costs and potential future growth. Economics is where we get the idea that (D) capital is a useful resource.

Know more about capital here:

https://brainly.com/question/1957305

#SPJ4

Complete question:

Which of the following has been defined as an economic resource of production? group of answer choices

A. money

B. demand

C. markets

D. capital

E. all of the above

An economy has a monetary base of 1,000 $1 bills. Calculate the money supply in scenarios (a)–(d) and then answer part (e).
a) All money is held as currency.
b) All money is held as demand deposits. Banks hold 100 percent of deposits as reserves.
c) All money is held as demand deposits. banks hold 20 percent of deposits as reserves.
d) People hold equal amounts of currency and demand deposits. Banks hold 20 percent of deposits as reserves.
e) The central banks decides to increase the money supply by 10 percent. In each of the four scenarios, how much should it increase the monetary base?

Answers

The amount that central bank needs to increase monetary base in order to increase money supply by percentage depends on number of factors, including current level of money supply and target for money supply.

What is money supply?

Money supply refers to the total amount of money in circulation in a given economy at a particular time. This includes all forms of money, such as coins, banknotes, and digital currency. It is an important economic indicator, as it affects inflation and interest rates. The money supply can be influenced by the actions of central banks, which can increase or decrease the amount of money in circulation through various monetary policy tools, such as the open market operations, reserve requirements, and the discount rates. The velocity of money, or how quickly money changes hands within an economy, also affects the money supply. Understanding the money supply is crucial for policymakers, investors, and individuals seeking to make informed financial decisions.

To learn more about money supply, visit:

https://brainly.com/question/28891105

#SPJ4

Relevant costs are those that change because of the action being considered or undertaken by an organization. Which of the following factors should be considered when determining which costs are relevant in a decision to expand an after-school reading program for neighborhood children?
The mission of the organization
The number of children that will be added to the program
The impact of adding the children on the quality of the program
The impact of adding the children to the existing facility
All of the above
Marginal costs are not equal to variable costs when (indicate all that apply)
the time frame for a decision is more than 1 year.
there is a change in fixed costs.
there is excess capacity.
some costs are outside an organizational unit making the decision.

Answers

Relevant costs are those that change because of the action being considered or undertaken by an organization. e) All of the above are relevant in a decision to expand an after-school reading program.

Relevant cost is a managerial accounting phrase that refers to preventable expenditures that occur only when specific business actions are made. The concept of relevant cost is utilized to minimize extraneous facts that may affect decision-making.

Relevant cost, for example, is used to assess whether to sell or keep a business unit. Assume a passenger hurries up to the ticket desk to buy a ticket for a flight that departs in 25 minutes. To determine the ticket price, the airline must examine all relevant costs.

Almost all of the costs associated with adding the extra passenger have already been expended, including jet fuel, airport gate fees, and salaries and benefits for the entire airline's crew.

To know more about relevant cost:

https://brainly.com/question/14578384

#SPJ4

Correct question:

Relevant costs are those that change because of the action being considered or undertaken by an organization. Which of the following factors should be considered when determining which costs are relevant in a decision to expand an after-school reading program for neighborhood children?

a) The mission of the organization

b) The number of children that will be added to the program

c) The impact of adding the children on the quality of the program

d) The impact of adding the children to the existing facility

e) All of the above

Which of the following are important strategic dimensions in mapping strategic groups? (Check all that apply.)Multiple select question.expenditures on research and developmentexpenditures on advertising and HRproduct and service offeringscost structure

Answers

Important strategic dimensions in mapping strategic groups are product and service offerings, expenditures on research and development, and pricing. The correct options are a and c.

What are strategic dimensions?

A technique for displaying the position that competing firms occupy in a cutthroat market is strategic group mapping. Variables like pricing, product line breadth, or area of operations are represented in a strategic group mapping example.

Because each tactical element has the potential for depth, the many aspects of marketing are frequently referred to as strategic dimensions.

Therefore, the correct options are a. expenditures on research and development and c, product and service offerings.

To learn more about strategic dimensions, refer to the link:

https://brainly.com/question/30467305

#SPJ1

which of the following represents tangible, long-lived assets used in the operations of the business?

Answers

Property, plant, and equipment represent tangible, long-lived assets used in the operations of the business

A firm may purchase property, plant, and equipment to utilise in its operations. These tangible assets have a useful life of at least one year. The examples include land, buildings, furnishings, equipment, cars, and machinery. These assets are not meant for sales, and the business expects to gain financially from them for a very long time.

These are typically listed at their historical cost on the balance sheet, which includes the asset's purchase price, shipping and handling fees, installation and assembly costs, as well as any other expenditures associated with getting the asset up and running. Depreciation, an accounting approach that acknowledges the drop in asset's value over time due to wear and tear, obsolescence, etc., is then used to allocate the cost throughout its useful life.

Complete Question:

which of the following represents tangible, long-lived assets used in the operations of the business?

Property

Cash

Plant

Equipment

Read more about tangible assets on:

https://brainly.com/question/29525110

#SPJ4

Which of the following could be a consequence of an employee feeling negative inequity? multiple choice O quitting correct O being fired O higher performance O role conflict O promotion

Answers

The following can  be a consequence of an employee feeling negative inequity is if in an organization he is being fired. Thus option (C) is correct.

What is an organization?

An organization is a group of individuals who work together to achieve a common goal or objective. It is typically structured in a hierarchical manner with various levels of authority and responsibility.

Organizations can take many forms, including businesses, non-profit organizations, government agencies, and educational institutions. They can range in size from small, local businesses to large, multinational corporations or government entities.

If a employee gets fired by an organization that can create in him a feeling of negative inequity.

Learn more about an organization here:

https://brainly.com/question/14751622

#SPJ1

FILL IN THE BLANK. the___ architecture avoids resource constraints that can occur when it resources are shared by multiple cloud consumers

Answers

The "dedicated" architecture avoids resource constraints that can occur when its resources are shared by multiple cloud consumers.

The term "architecture" describes the general layout or composition of a system or application. The design and configuration of the underlying hardware and software infrastructure that supports the provided cloud-based services is frequently referred to in the context of cloud computing. Public, private, hybrid, and multi-cloud architectures are a few different types of cloud architectures.

Individuals or organisations who use the same cloud infrastructure and resources to execute their apps or services are referred to as numerous cloud customers. Multiple cloud consumers often pool their resources together in a public cloud environment supplied by the cloud service provider. Multiple cloud users may be affiliated with the same company in a private cloud environment and share the same resource pool inside of their own private network. Multiple cloud users may use a mix of public and private cloud resources in a hybrid cloud environment.

Learn more about multi-cloud architectures here:

https://brainly.com/question/14187559

#SPJ4

as soon as jennifer entered her customer's office, the customer started talking about his problems both at work and at home. jennifer had planned to discuss the benefits of her company's newly launched product during this meeting. however, she listened quietly, asked questions where appropriate, and offered support when required. in this scenario, jennifer is mostly likely practicing _______

Answers

In the given scenario, Jennifer is most likely practicing active listening.

What is active listening?

Active listening is the practice of getting ready to listen, observing what verbal and nonverbal messages are being sent, and then providing appropriate feedback to demonstrate attention to the message being presented.

This type of listening communicates a mutual understanding between the speaker and the listener. Speakers receive confirmation that their message is being received, and engaged listeners absorb more content and understanding.

The  goal of active listening is to eliminate misunderstandings and to establish clear communication of thoughts and ideas between the speaker and the listener.

Therefore, Jenifer listening to the customer problems and giving appropriate support shows that she is practicing active listening.

To learn more about active listening, click here:

https://brainly.com/question/2513114

#SPJ1

________ refers to the perceived benefits, both monetary and nonmonetary, that customers receive from a product, compared with the cost associated with obtaining the product.
Choose matching definition
1. Brand equity
2. Customer satisfaction
3. Customer equity
4. Customer value

Answers

Customer Value refers to the perceived benefits, both monetary and nonmonetary, that customers receive from a product, compared with the cost associated with obtaining the product. So option 4 is correct.

What are the non-financial advantages that customers provide the business?

Customer value refers to the perceived advantages—both monetary and nonmonetary—that consumers feel they acquire from a product in relation to the expense involved in obtaining the goods. Important component for generating value

What are marketing benefits thought to be?

A buyer purchases a product based on the anticipated benefit they would receive from it. Customer perception of value is determined by both their assessment of the product and this perceived benefit.

To know more about Customer value visit:

https://brainly.com/question/30117927

#SPJ4

Assume that demand for cigarettes is quite inelastic. What does this mean in terms of the
demand for cigarettes? If a tax is added to cigarettes how will the quantity demanded change? If
a tax is added to cigarettes, who will bear most of the burden? Meaning will the extra cost be
passed on to the consumer?

Answers

If demand for cigarettes is quite inelastic, this means that the quantity demanded of cigarettes does not change significantly in response to changes in price. In other words, even if the price of cigarettes increases, people will continue to purchase them, although perhaps in slightly lower quantities. This is because smoking is often addictive, and people are willing to pay a high price to satisfy their addiction.

What is demand?

Generally,  If a tax is added to cigarettes, the quantity demanded will decrease, but the degree to which it decreases will depend on the elasticity of demand. In the short run, when smokers may not be able to quit smoking immediately, they will continue to purchase cigarettes even if the price increases due to taxes, but the quantity they buy may decrease slightly.

Over time, however, some smokers may decide to quit or reduce their consumption due to the higher price, and this will result in a larger decrease in quantity demanded.

Read more about demand

https://brainly.com/question/29835368

#SPJ1

example of a command-and-control policy that can be used to correct the market failure whenever a negative externality is present

Answers

To monitor all environmental regulations, the National Environmental Agency was established in 1970. To address air pollution, the Air Quality Act was created in the same year.

By control and command policy, what do you mean?

A sort of environmental regulation known as command and control enables decision-makers to precisely determine how much and how a company should maintain the environment's overall quality.It is a required standard of performance that is regulated by law. Examples include restrictions on the amount of timber that may be chopped down, prohibitions on tree cutting, and the highest permitted pollutant emission levels.

To know more about command and control visit:

https://brainly.com/question/12830561

#SPJ4

suppose the government institutes a tax of $40.60 per pair, to be paid by the seller. (hint: to see the impact of the tax, enter the value of the tax in the tax on sellers field and move the green line to the after-tax equilibrium by adjusting the value in the quantity field. then, enter zero in the tax on sellers field. you should see a tax wedge between the price buyers pay and the price sellers receive.)

Answers

The following is the complete table, which shows the devices on the market, the purchasers' price, as well as the price sellers get prior to and following the application of a levy of $40.60 each pair of jeans

What does the word "taxation" imply?

A taxation authority, often a municipality, levying or imposing a financial responsibility on its inhabitants or residents is defined as taxing them. Since ancient times, paying income tax to governments or bureaucrats has been a fundamental aspect of civilisation.

         Quantity      Price Buyers Pay      Price Sellers Receive

Before-tax     500                  $100.00                  $100

After-tax        430                  $105.60                    $65 ($105.60 - $40.60)

Tax burden     70                     $5.60                    $35

                                     ($105.60 - $100)             ($100 - $65)

To know more about tax visit:

https://brainly.com/question/3674127

#SPJ4

the cost of stock on each day is given in an array a[] of size n. find all the segments of days on which you buy and sell the stock so that in between those days your profit is maximum.

Answers

One possible solution is (0 3) (4 6) We can buy stock on day 0, and sell it on 3rd day, which will  give us maximum profit. Now, we buy stock on day 4 and sell it on day 6.

Input:

N = 7

A[ ] = {100,180,260,310,40,535,695}

Output:

1

Where are you given an array list prices?

You are provided a list or array called "prices," where the list's components stand in for yesterday's stock prices and the list's indices for minutes.

Finding and returning the biggest profit you can by purchasing and selling the stock is your task. The stock can only be purchased and sold once.

Input:

N = 7

A[ ] = {100,180,260,310,40,535,695}

Output:

1

Explanation:

One possible solution is (0 3) (4 6)

We can buy stock on day 0,

and sell it on 3rd day, which will

give us maximum profit. Now, we buy

stock on day 4 and sell it on day 6.

To know more about cost of stock, refer:

https://brainly.com/question/29342541

#SPJ4

Complete Question:

The cost of stock on each day is given in an array A[ ] of size N. Find all the segments of days on which you buy and sell the stock so that in between those days your profit is maximum.

Note: Since there can be multiple solutions, the driver code will print 1 if your answer is correct, otherwise, it will return 0. In case there's no profit the driver code will print the string "No Profit" for a correct solution.

Which of the following is among the three competitive factors that impact only Internet sales and market share in a region? Company expenditures for brand advertising The number of branded models/styles that each company has designed and produced for exclusive sale at its website--such models/styles cannot be obtained anywhere else The celebrity appeal ratings of the celebrities who are under contract to endorse a company's branded footwear via videos, pictures, and commentary posted prominently at numerous locations on its website The average retail price charged at each company's website and expenditures for search engine advertising Company expenditures for merchandising support paid to third-party online retailer.

Answers

The following text is among the three serious elements that influence just Web deals and a piece of the pie in a locale. whether an organization offers free transportation on purchaser arranges or expects clients to pay the shipping charges. option (D) is correct.

At the point when a client puts in a request for a particular item through an online business site and uses the web as a buying stage, this is alluded to as a "Web Deal." It likewise incorporates item promoting and publicizing.

Since the request is conveyed through ports and clients should pay for transportation, whether a business offers free delivery on client orders or charges them, it falls under web deals.

Learn more about Internet sales:

https://brainly.com/question/14927657

#SPJ4

This question is not complete, Here I Am attaching the complete question:

Which of the following is among the three competitive factors that impact only Internet sales and market share in a region?

(A) Company expenditures for brand advertising The number of branded models/styles that each company has designed and produced for exclusive sale at its website--such models/styles cannot be obtained anywhere else.

(B) The celebrity appeal ratings of the celebrities who are under contract to endorse a company's branded footwear via videos, pictures, and commentary posted prominently at numerous locations on its website.

(C) The average retail price charged at each company's website and expenditures for search engine advertising.

(D)  Whether a company offers free shipping on buyer orders or requires customers to pay the shipping charges.

in the equation for valuing a zero dividend growth stock, if we use the ____ we will solve for the ____ of the stock.

Answers

If we apply the expected returns and current market price in the calculation for valuing a stock with no dividend increase, we can find the required return and the stock's fair present value.

By stock, what do you mean?

In general, the ownership papers of any corporation are referred to as stocks. Moreover, a stocks ” refers to the share certificate of each firm. If you own shares of a certain corporation, you are considered a shareholder. Common stocks stocks are also the two type.

What is stocked?

A stock reflects a claim on a company's assets and earnings as well as a stake in the management of the company. Investors consequently hold a share of the company.

To know more about Stock visit :

https://brainly.com/question/29056946

#SPJ1

FILL IN THE BLANK. odern marketing research uses ___ which requires analysis with sophisticated technologies to derive useful marketing information.

Answers

Modern marketing research collects data that must be analysed using high-end technologies in order to provide usable marketing data.COMPLETE THE SPACES. marketing orn

The process of finding, developing, communicating, delivering, and exchanging products and services that are valuable to consumers, clients, partners, and society at large is known as marketing. It entails comprehending consumer wants and preferences, creating goods and services to fulfil those needs, and persuading the target market of the advantages of such goods and services. Any business' success depends on marketing since it fosters brand recognition, produces leads, and encourages sales. The capacity to create and implement marketing strategies that are in line with the organization's overall aims and objectives as well as a thorough awareness of the market, competitors, and the surrounding business environment are all necessary for effective

Learn more about marketing here:

https://brainly.com/question/27155256

#SPJ4

for this activity we will use these three types of unemployment:frictional unemployment includes people who are temporarily between jobs. they may have quit one job to findanother, or they could be trying to find the best opportunity after graduating from high school or college.cyclical unemployment includes people who are not working because firms do not need their labor due to a lack ofdemand or a downturn in the business cycle. for example, if people are not buying many goods and services, workersare laid off.6

Answers

The third form of unemployment is structural, which happens when job seekers lack the qualifications or experience required for open positions or when their skill sets are out of step with market expectations.

What is structural unemployment?

When people lack the qualifications or experience required for the open positions or when their qualifications fall short of market expectations, this sort of unemployment is known as structural unemployment. This kind of unemployment can be caused by a variety of circumstances, such as shifts in the economy or in technology that render specific jobs obsolete, or by the relocation of businesses to other areas or nations that deprive employees of employment possibilities. Even in a developing economy, structural unemployment may remain, necessitating retraining or education for employees in order to equip them with fresh skills that meet the needs of the labor market. Policy actions to address structural unemployment might include funding education and training programs or fostering economic growth in areas with high rates.

To learn more about unemployment visit here:

https://brainly.com/question/13192140

#SPJ4

while erp is a relatively new technology, it has grown rapidly since the early 1990s. which of the following is the reason that has contributed to its rapid growth?

Answers

The reason that has contributed to its rapid growth - the year 2000 millennium bug.

What was the catalyst for ERP's development in the late 1990s?

Through the 1990s, ERP systems were developing. The introduction of cloud ERP, which NetSuite originally provided in 1998, was a significant development. Businesses can now access vital company data online from any device with an internet connection thanks to cloud ERP, which is often seen as an enhancement over on-premises solutions.

Which of the following describes the move by businesses to ERP systems?

An organization can use a collection of connected applications thanks to it. Today's businesses are moving to ERP solutions because they automate and streamline procedures and contribute to the development of a more precise and leaner operational structure. Furthermore, it offers significant visibility into the main business procedures.

To know more about rapid growth visit:

https://brainly.com/question/9677555

#SPJ1

The _______ recognition principle requires that a portion of long-lived assets be transferred to an expense account during the accounting period the asset is being used to generate revenues. (Enter one word per blank)a. Dividends
b. Expenses
c. Revenues

Answers

The expenses recognition principle requires that a portion of long-lived assets be transferred to an expense account during the accounting period the asset is being used to generate revenues.

What are dividends?

Dividends are sums of money that a firm distributes to its shareholders from its earnings or profits. Although dividends are frequently given in the form of cash, they can also be given out as more stock shares or other types of property. The board of directors of a corporation decides whether to issue dividends, and this choice is frequently influenced by factors including the firm's financial performance, capital requirements, and other strategic considerations. Dividends are a means for businesses to give shareholders a portion of their profits, and they may be a significant source of income for investors. Additionally, firms employ dividends to communicate to investors their financial stability and growth possibilities.

To learn more about dividends visit here:

https://brainly.com/question/29510262

#SPJ1

Amina is a plant manager of a power company considered to be a monopoly. The firm faces an inverse demand curve described by P = 230 - 20Q. The power company faces a cost function defined by C = 5 + 70Q. The maximizing price ($) is:
a. 90
b. 120
c. 111
d. 150

Answers

The answer is option d. 150$, the maximizing price is 150 dollars.

Working-

P=230−20Q

C=5+70Q

TR=PQ

TR=(230−20Q)Q

TR=230Q−20Q²

MR=230−40Q

MC=70

At equilibrium-

MR=MC

230−40Q= 70

40Q= 230-70

Q=4

Therefore, if we put value of Q into the price equation we get:

P = 230 - 20Q,

P= 230- 20* 4

P= 230- 80= 150$.

What does the term "monopoly" signify in economics?

Definition: A market system in which a single seller dominates the market and offers an exclusive product. In a monopoly market, there is no competition for the seller because there is no other close equivalent for the goods he is selling.

What are examples of monopoly?

A company that sells its product exclusively and without any close substitutes is said to have a monopoly. An unchecked monopoly has the ability to set prices and has market power. Examples include Microsoft and Windows, DeBeers and diamonds, and the natural gas provider in your community.

To know more about Monopoly visit:

brainly.com/question/29728844

#SPJ4

Which of the following are the main goals of a business speech attention-getter? (Select all that apply.)
to engage audience members emotionally
to get audience members to consider the presented ideas

Answers

The main goals of a business speech attention-getter to engage audience members emotionally to get audience members to consider the presented ideas.

What does a business speech aim to accomplish?

Business presentations are a vehicle for communicating a good, a service, a concept, or an idea. They are created with the intention of motivating target audiences to take action. They are designed to provide all the details about a specific business strategy to target audiences.

What are a presentation's four objectives?

The audience is being addressed with the intention of entertaining, educating, inspiring, or persuading them. All four of these elements can be used to create the perfect speech, but one should serve as its main focus. Be quite clear about what you want to accomplish.

                                    The major goals of this initiative are to enhance organizational procedures, get rid of silos, inform staff, and lower error rates.

Learn more about a business speech

brainly.com/question/14668558

#SPJ1

in 2007, the nominal gross domestic product (gdp) was $50 billion and the gdp deflator was 200. thus real gdp was responses $150 billion $150 billion $100 billion $100 billion $50 billion $50 billion $25 billion $25 billion $4 billion

Answers

The correct option is D, In 2007, the nominal gross domestic product (GDP) was $50 billion and the GDP deflator was 200. Thus real GDP was $25 billion.

Gross Domestic Product (GDP) is a measure of the total economic output of a country over a specific period, typically a year or a quarter. It represents the monetary value of all goods and services produced within a country's borders by businesses, individuals, and the government.

To calculate GDP, economists use either the expenditure approach or the income approach. The expenditure approach adds up all the spending on final goods and services in the economy, including consumption, investment, government purchases, and net exports. The income approach adds up all the income earned by individuals and businesses in the economy, including wages, profits, and taxes. GDP is an important economic indicator as it provides a snapshot of a country's economic health and can be used to compare the relative size and growth rates of different economies.

To learn more about GDP visit here:

brainly.com/question/30111703

#SPJ4

Complete Question: -

In 2007, the nominal gross domestic product (GDP) was $50 billion and the GDP deflator was 200. Thus real GDP was

a. $150 billion b. $100 billion  c. $50 billion  d. $25 billion  e. $4 billion

Determine the function of store department?​

Answers

Answer:

Store Department is making procurement of Stock/Non Stock items required for safe running of trains, proper upkeep/maintenance of rolling stock

In a use case diagram, the user becomes a(n) ____, with a specific role that describes how he or she interacts with a system. a. agent c. interlocutor b. actor d. master

Answers

In use case, user becomes an actor, with specific role that describes how he or she interacts with system.  

What is interaction?

Interaction refers to the ways in which people, groups, or systems affect and influence each other through communication, collaboration, or conflict. Interaction occurs at various levels, from interpersonal interactions between individuals to complex interactions between organizations, societies, or global systems. In any interaction, there are multiple factors at play, including attitudes, behaviors, expectations, and power dynamics. Effective interaction involves the ability to listen, understand, and respond appropriately to others, as well as the capacity to negotiate and resolve conflicts. Interaction can also lead to the creation of new ideas, innovations, and solutions that emerge from the exchange of diverse perspectives and expertise. Understanding interaction is crucial for successful collaboration, teamwork, and problem-solving in various contexts, including business, politics, and social relations.

To learn more about interaction, visit:

https://brainly.com/question/30670179

#SPJ4

Other Questions
What does this tell you about Roman society What two things are being compared?The speaker is comparing his mind to a puddle. Data recently collected from Orlando reveals that when the price of a Universal Studios ticket increased by 25%, the quantity of local area car rentals fell by 30%. Which of the following statements must be TRUE based on this information? Universal Studios tickets and car rentals are substitutes. Universal Studios tickets and car rentals are unrelated. The demand for Universal Studios tickets are price elastic Universal Studios tickets are a luxury good. Universal Studios tickets and car rentals are complements. My favorite pajamas fit snug around my waist and keep me warm.snugsnugly Mrs. Flips sold 300 cookies for her bakesale. She sold two types of cookies: largechocolate chip and small peanut buttercookies. She charged $1 for the chocolatechip and 50-cents for the peanut buttercookies and collected $270 total. Howmany of each type did she sell? Light enters the eye and is converted into electrical signals that can be processed by the brain. This process is calledChoose matching definition1Interposition2Thalamus3Cochlea4Transduction From where I lingered in a lull in Marchoutside the sugar-house one night for choice,I called the fireman with a careful voiceAnd bade him leave the pan and stoke the arch:'O fireman, give the fire another stoke,And send more sparks up chimney with the smoke."I thought a few might tangle, as they did,Among bare maple boughs, and in the rareHill atmosphere not cease to glow,And so be added to the moon up there.The moon, though slight, was moon enough to showOn every tree a bucket with a lid,And on black ground a bear-skin rug of snow.The sparks made no attempt to be the moon.They were content to figure in the treesAs Leo, Orion, and the Pleiades.And that was what the boughs were full of soon.What does the use of a figurative language device in the bolded lines add to the poem's meaning?O The alliteration adds a rhythmic and pleasing sound that mimics sounds in nature.O The allusion to constellations add imagery to show the reader how the sparks are scattered in the sky.O The hyperbole shows the reader that the sparks were too large to contain.O The meiosis shows the reader how minimal the sparks in the sky were.the bolded lines are Leo, Orion, and Pleiades What is a hemisphere? Decide how each cost is treated on an income statement prepared using the variable costing approach. Using the dropdown boxes indicate whether each cost item is treated as a period cost or product cost1. Direct labor2. Fixed manufacturing overhead3. Variable manufacturing overhead4. Fixed selling and administrative expenses5. Variable selling and administrative expenses What is the ICD-10 code for sore throat Pain? Under the liberalism idea, the "social contract" declared that What is the ICD-10 code for lung mass? 6 - Which statement best explains whether the following table represents a linear or nonlinear function?x 2 1 0 1 2y 4 2 0 2 2 The table represents a nonlinear function because there is not a constant rate of change in the output values. The table represents a nonlinear function because there is not a constant rate of change in the input and output values. The table represents a linear function because there is a constant rate of change in the input and output values. The table represents a linear function because there is not a constant rate of change in the input and output values. What is method for treating mental disorders by mental rather than physical means? In Common Sense, Paine suggested that American independence from Britain was inevitable. impossible. uncertain.illegal. Making decisions together with others can be easier because it allows you to __________.A.seek advice from others about the decisionB.collaborate with others on various factors influencing the decisionC.gain new perspectives about the decisionD.all of the abovePlease select the best answer from the choices provided.ABCD Our planet is in big trouble - creatures are dying out, the sea andthe air are filthy, more and more airports, cities and roads 1).covering our land and we only have ourselves to blame -So what are you going to do? You can add to the problem or startbeing part of the solution. Got some questions? We've got someanswers... the rest is up to you!How can we cut down on rubbish?Recycle, recycle, recycle! Don't throw away plastic bottles, glassjars, newspapers, cardboard boxes and cans. They can all 2).used again. Take a few moments to separate your rubbish and takeit 3) your nearest recycling centre. No recycling centrenearby? Don't hesitate. Start a campaign!How can we solve the problem of pollution?Pick up people who work at the same place 4).......... you and fillup those empty seats in your car! Better still, use public transportinstead. Or why not walk or cycle to school or work? It's free, goodexercise and doesn't harm the environment 5).......... all!How can we stop harmful genetic engineering?We all know what genetic engineering 6). doing to our foodand to wildlife! Always buy organic products! Want to go a stepfurther? Join a local group that campaigns to stop geneticengineering. You'll be surprised what a difference you can make!How can we save the earth's natural resources?Water means life! Take showers instead of baths and use lesswater 7).......... you wash dishes or wash the car or water theplants. Don't waste electricity either. Switch lights off when youleave a room and use low-energy bulbs!Got the message? Then let's work together to make a difference!Our planet is full of beauty and life, but only WE have 8).power to save it. can you help me find 10 question sentences for this text the length of a rectangle is 3 times its width. Given that its area is 27 cm, find the length and the width of the rectangle stuck on this. pls do 2-6 A particle of charge + is at point A a distance from the center of a sphere of charge +Q.The particle is moved to point B, a distance expressions represents the electric potential difference between the two points due to the charge on the sphere? from the center of the sphere. Which of the following (1-4) % (4) (9) (-)