Carey Anderson opened a software consulting firm that immediately paid​ $21,000 for a computer system. Was​ Anderson's computer system an expense of the​ business? If​ not, explain.Anderson's payment ________an expense

Answers

Answer 1
it is because he is paying money so it is a expense
Answer 2

Final answer:

Carey Anderson's computer system is a capital expenditure, not an expense, because it is an asset that will be used over time. Operational costs such as electricity for running the computer would be considered expenses. When evaluating profitability, it's essential to distinguish between accounting profit, which includes explicit costs, and economic profit, which also considers implicit costs.

Explanation:

Carey Anderson's payment for a computer system is not considered an expense for the business in the traditional sense but rather it is classified as a capital expenditure. This is because the computer system is an asset that will be used to generate revenue over a period of time longer than the current accounting year. In accounting, such purchases are typically capitalized on the balance sheet rather than expensed on the income statement. Expenses are the costs necessary to earn revenues within a given period, while capital expenditures such as the computer system are amortized or depreciated over their useful lives.

The discussion about the cost of using a computer is related to the operational expenses incurred while using an asset like a computer system. These operational costs would include electricity and maintenance, which are indeed considered to be expenses as they are costs incurred in the normal course of business operations. Nevertheless, they are different from the initial cost of acquiring the asset itself.

To further illustrate the concept of profit in the context of explicit and implicit costs, let's consider the examples of Fred and Eryn. In both scenarios, the individuals are weighing their potential accounting profit against the implicit costs associated with the opportunity of their current jobs. While an accounting profit only considers explicit costs, economic profit takes into account implicit costs as well, providing a more complete picture of the business's profitability.


Related Questions

You are a marketing research consultant hired to organize focus groups for an innovative german-style fast food restaurant. what kind of people would you elect to participate in focus groups

Answers

Focus group for marketing research in German context:

Age group:

1. 18-30 years

2. 30-45 years

3. 45 and above age group

Sources of income: 

1. Salaried

2. Business man

3. Students

4. Bachelors

5. Retired people

6. Working women

7. House wife

Final answer:

When organizing focus groups for a German-style fast food restaurant, it is important to select participants who can provide valuable insights and represent the target market. This includes a diverse mix of individuals with different demographics and experiences.

Explanation:

When organizing focus groups for an innovative German-style fast food restaurant, it is important to select participants who can provide valuable insights and represent the target market. Ideally, the focus group should include a diverse mix of individuals from different demographics, such as age, gender, and socioeconomic background. This will help gather a range of perspectives and ensure that the restaurant's offerings appeal to a wide customer base.

Additionally, it would be beneficial to include people who have prior experience with fast food restaurants or the food industry in general. They can provide valuable input based on their knowledge and preferences. Moreover, including individuals who have an interest in trying new food or exploring different cuisines can contribute to innovative ideas and suggestions for the restaurant's menu and overall concept.

How do contact lists differ from and address book

Answers

Contact lists contain more information about a person than an address book.

~apex

apex approved : contact lists contain more information about a person than an address book

In 1950, the population of a small suburb in los angeles, california, was 20,000. the birth rate was measured at 25 per 1000 population per year, while the death rate was measured at 7 per 1000 population per year. immigration was measured at 600 per year while emigration was measured at 200 per year. calculate the population size in 1951.

Answers

Total Population = Current Population + (Population * Birthrate) - (Population *Deathrate) + Immigration rate - emigration rate

Total Population = 20000 + 20000(25/1000) - 20000(7/1000) + 600 - 200

Total Population = 20400 + 500 - 140

Total Population = 20760
Final answer:

The population of the Los Angeles suburb in 1951 is calculated by incorporating the birth rate, death rate, immigration, and emigration into account. The final calculated population for 1951 comes out as 20,760.

Explanation:

To calculate the population size of the Los Angeles suburb in 1951, we need to consider all elements affecting population growth: the birth rate, the death rate, immigration rate, and emigration rate.

Initially, we compute the births and deaths by scaling the rates to the population of 20,000. The birth rate of 25 per 1000 equates to 500 births (20 * 25), and the death rate of 7 per 1000 results in 140 deaths (20 * 7).

Next, we account for immigration and emigration. The numbers provided, 600 immigrants and 200 emigrants per year, can be used directly without adjustment.

Finally, we calculate the population in 1951 by adding the number of births and immigrants to the initial population, and subtracting the number of deaths and emigrants.

So, the population in 1951 would be: 20000 (initial population) + 500 (births) - 140 (deaths) + 600 (immigrants) - 200 (emigrants) = 20,760.

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Triangle owl was rotated to create triangle o'w'l'. describe the transformation using details and degrees. triangles owl and o prime, w prime, l prime are shown. o is at 1, 2. w is at 3, 1. l is at 2, negative 2. o prime is at negative 2, 1. w prime is at negative 1, 3. l prime is at 2, 2.

Answers

Triangle O’W’L’ was rotated 90 degrees counterclockwise about the origin.
I got the same thing, 90 degrees counterclockwise it is correct

1. If a robber demands that you give him all your money, this is an example of

a. Coercion
b. Dictatorship
c. Legitimate Power
d. Rational-Legal Authority

2. The country of Denmark is ruled by what type of governement?

a. democracy
b. monarchy
c. dictatorship
d. totalitarian

3. It is time to elect the next president of the United States and you are a registered voter in the state of South Carolina. Because South Carolina is dominated by voters from a particular political party that party will most likely win the state's electoral votes. Which presidential candidate will South Carolina most likely support?

a. Independent Party
b. Democratic Party
c. Republican Party
d. Green Party

Answers

1) Your answer will be a. Coercion
Coercion means the action or practice of persuading someone to do something by the use of force or threats. So here the robber is coercing you.
2) Your answer will be b. Monarchy
Denmark is ruled by Kings and Queens, which is so-called Monarchy
3) Your answer will be c. Republican Party

The answers are:

1.  a. Coercion

2. b. monarchy

3. c. Republican Party

The marginal utility of coffee consumption for steve is the change in _____ generated by consuming an additional cup of coffee.

Answers

the answer to this question is Total utility
Total utility refers to the level of satisfaction that customers experience when consuming a certain amount of goods/products.
The amount of utility could maxed out after customers consuming a certain amount of the same product, which make it impossible to obtain additinal satisfaction after hitting a  certain thresold.

At the gingerbread factory, gretel works from 7
a.m. to 7 p.m. monday through thursday, while hansel works from 7
a.m. to 7 p.m tuesday through friday. this is an example of

Answers

These two shifts are an example of 4 x 12 hour shifts with 3 days off which is fairly common and it was implemented by the mining company where I worked and the miners voted in favor of it as for example it involves 1 day less travelling time than an 8 hour shift x 5 days on.

What three smart goals should you always have in place and be committed to when doing inbound?

Answers

The three SMART goals when doing inbound are Visits, Leads, and Customers. You should be aware of your analytic numbers for each of these and apply methods to consistently increase those numbers.

Goods x and y are complementary goods. an increase in the price of good x has occurred. in the market for good y this will lead to

Answers

both would increase if one increases

Each time a method is invoked, the system stores parameters and local variables in an area of memory, known as _______, which stores elements in last-in first-out fashion.

Answers

Each time a method is invoked, the system stores parameters and local variables in an area of memory, known as a stack, which stores elements in last-in first-out fashion.

When a method is executed, the system keeps its parameters and local variables in a memory region known as a stack, which stores elements in a last-in, first-out pattern. Thus, option (C) is the correct.

What is a definition of  local variable?

A local variable is a variable that may only be used within the method or statement block in which it is declared.

It is used as an iteration variable in the for each statement, an exception variable in the specific-catch clause, and a resource variable in the using statement.

The periphery that saves its parameters and local variables in a memory area  at the time of the execution of the method, called a stack, which stores elements in a last-in, first-out pattern.

Slack is abstract information that involves the accumulation of the data with two main operations. Therefore, it can be concluded that option (C) is correct.

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Your question was probably incomplete, so complete question was....

List of options:-

A. a heap

B. storage area

C. a stack

D. an array

While at a garage sale, jenna purchased a set of used plastic baby bottles. she noticed the symbol "7" in a triangle on the bottom of the bottles. what would you tell her concerning the use of these bottles to feed her baby?

Answers

I would tell Jenna that she first needs to research what the 7 on the bottom of the bottles means. This number is in reference to the specific type of plastic used in the bottles. She needs to make sure this plastic has not been deemed as dangerous for infants. Once cleared, she should thoroughly wash the bottles and use them.

The ____ condition requires that all of the selected criteria be true for the record to be displayed.

Answers

The is AND. The AND condition requires that all of the selected criteria be true for the record to be displayed. Hope I helped!!!!!!

Firms that decide against international expansion to play it safe ________.

Answers

The answer is risked losing their home markets
when a firm decide to go for international expansion, they need to put more resource and attention to their operation outside the home markets.
This make the firm become really vulnerable in its home base and it would be easier for competitors to swoop in and took their market.

During the gilded age one sector of the american economy, despite high production levels, was not doing well. which is it?

Answers

corn, wheat and cotton

The answer is: Agriculture

During the gilded age era, a lot of people who live in rural area decided to move into urban area to seek job opportunities in manufacturing industries.

Due to the industrial revolution, the migration does not negatively affect the total agricultural production since the labors can be replaced with machines. But, despite high production levels,  the agricultural companies in rural area do not have enough customers to buy their products since a lot of them already relocated to the cities.

This cause a massive overproduction in the agricultural sector.

Crisis response is categorized as a _____ application.

Answers

It is categorized as a team application because in responding to crisis or in order to take action with crisis, team application is applied because a group of people is needed in order to solve and to respond to these type of problems.

Rosa, roberto, andrea, and inno find an estimate for √10. who has proposed the best solution?

Answers

Final answer:

The question relates to finding an estimate for √10. The square root of 10 is approximately 3.162 but if we want to round to the nearest whole number, it would be 3. Therefore, the best estimate for √10 among Rosa, Roberto, Andrea, and Inno is 3.

Explanation:

The question pertains to finding an estimate for the square root of 10. The square root of 10 is approximately 3.162, however, for estimation purposes, we would generally round this to the nearest whole number, which would be 3. Hence, whichever of Rosa, Roberto, Andrea, and Inno suggested an estimate closest to 3 would be considered to have proposed the best solution. For instance, if Roberto suggested 3 as the estimate, he would have proposed the most accurate solution.

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Final answer:

To find an estimate for √10, identify perfect squares near 10 and interpolate between their square roots; √10 is between 3 and 4, closer to 3, making an estimate like 3.2 reasonable.

Explanation:

To estimate √10, you would look for perfect squares close to 10 for a comparison. The perfect squares closest to 10 are 9 (√9 = 3) and 16 (√16 = 4). We know that √10 will be between 3 and 4. A reasonable estimate would be halfway between 3 and 3.5 because 10 is closer to 9 than to 16. Thus, an estimate like 3.2 would be quite reasonable. Without knowing what estimates Rosa, Roberto, Andrea, and Inno each proposed, we cannot determine who proposed the best solution. The best estimate for √10 would be close to the actual decimal value, which is approximately 3.162.

A psychic claims he can predict the future. this is known as _____.

Answers

This is known as PRECOGNITION.
In psychology, precognition is defined as the ability to perceive or see a future event before it happens by means of extrasensory perception. It is considered as a form of extrasensory perception because, it operates without recourse to the normal senses.

Records that are used to note client personal and contact information and preferences are called:

Answers

Answer:  "service records" .
________________________________________

Three out of every four american adults under the age of 35 say they have eaten pizza for breakfast at some time in their life. if a random sample of 20 american adults under the age of 35 is selected, what is the probability that exactly 16 have eaten pizza for breakfast at some time in their life.

Answers

p = 3/4, the probability that those under the age of 35 ate pizza for breakfast.
Therefore,
q = 1 - p = 1/4, the probability of those who did not eat pizza for breakfast.
n = 20, the sample size

The probability that exactly 16 of the 20 selected have eaten pizza for breakfast is
P(16 of 20) = ₂₀C₁₆ p¹⁶ q⁴
                   = 4845*(3/4)¹⁶*(1/4)⁴
                   = 0.1897

Answer: 0.19  (or  19%)

The probability that exactly 16 out of 20 American adults under the age of 35 have eaten pizza for breakfast at some time in their life is approximately 0.0879.

The correct probability that exactly 16 out of 20 American adults under the age of 35 have eaten pizza for breakfast at some time in their life is given by the binomial probability formula:

[tex]\[ P(X = k) = \binom{n}{k} p^k (1-p)^{n-k} \][/tex]

where [tex]\( n \)[/tex] is the number of trials (in this case, the number of adults surveyed), [tex]\( k \)[/tex] is the number of successes (the number of adults who have eaten pizza for breakfast), [tex]\( p \)[/tex] is the probability of success on any given trial (the probability of an adult having eaten pizza for breakfast), and [tex]\( \binom{n}{k} \)[/tex] is the binomial coefficient representing the number of ways to choose [tex]\( k \)[/tex] successes from [tex]\( n \)[/tex] trials.

Given that three out of every four American adults under the age of 35 have eaten pizza for breakfast, we have [tex]\( p = \frac{3}{4} \) and \( n = 20 \)[/tex]. We want to find [tex]\( P(X = 16) \)[/tex].

First, we calculate the binomial coefficient for [tex]\( k = 16 \) and \( n = 20 \)[/tex]:

[tex]\[ \binom{20}{16} = \frac{20\!}{16\!(20-16)\!} \][/tex]

Next, we plug in the values into the binomial probability formula:

[tex]\[ P(X = 16) = \binom{20}{16} \left(\frac{3}{4}\right)^{16} \left(1 - \frac{3}{4}\right)^{20-16} \][/tex]

[tex]\[ P(X = 16) = \binom{20}{16} \left(\frac{3}{4}\right)^{16} \left(\frac{1}{4}\right)^{4} \][/tex]

Now, we calculate the values:

[tex]\[ \binom{20}{16} = \frac{20\!}{16\!4\!} = \frac{20 \times 19 \times 18 \times 17}{4 \times 3 \times 2 \times 1} = 4845 \][/tex]

[tex]\[ \left(\frac{3}{4}\right)^{16} = \left(\frac{3}{4}\right) \times \left(\frac{3}{4}\right) \times \ldots \times \left(\frac{3}{4}\right) \approx 0.0044 \][/tex]

[tex]\[ \left(\frac{1}{4}\right)^{4} = \left(\frac{1}{4}\right) \times \left(\frac{1}{4}\right) \times \left(\frac{1}{4}\right) \times \left(\frac{1}{4}\right) = \frac{1}{256} \][/tex]

Finally, we multiply these values together to get the probability:

[tex]\[ P(X = 16) = 4845 \times 0.0044 \times \frac{1}{256} \approx 0.0879 \][/tex]

Therefore, the probability that exactly 16 out of 20 American adults under the age of 35 have eaten pizza for breakfast at some time in their life is approximately 0.0879.

Advocates argue that _____ increase competition between public and private schools.

Answers

Advocates argue that vouchers increase competition between public and private schools. Vouchers are state-funded scholarships to private schools, which pay for some or all of a student's tuition at that private school. Advocates state that allowing school choice will force public schools to raise their standards to those of private schools and vice versa.

A ___________ jury is one whose members are irreconcilably divided.

Answers

A hung jury is one whose members are irreconcilably divided.
In hung jury the members are irreconcilably divided in their opinions that they cannot reach a verdict (a formal decision that was made by the jury) or we can say that they can't concur upon a decision after stretched out thought and can't achieve the required unanimity or super-majority, hung jury is also known as deadlocked jury.

Patrick and allison work at a local car dealership as sales persons and are paid on both salary and commission. what type of pay related motivation is being used?

Answers

Final answer:

Patrick and Allison are being motivated by performance-related pay, where their compensation is linked to their sales performance. They receive a baseline salary and a commission based on the profit they generate for the car dealership.

Explanation:

The type of pay-related motivation being used in this scenario is performance-related pay. Patrick and Allison are salespersons at a car dealership and they are paid based on both salary and commission.

This means that their compensation is directly linked to their performance and the amount of sales they generate. Commission-based pay is a common example of performance-related pay in sales roles, where workers receive a percentage of the profit they generate for the company in addition to a baseline salary.

As a general rule, pie charts should be limited to how many slices?

Answers

The general recommendation is not to use more than seven categories (that is, slices) in pie charts. That's how many slices you can have without confusing the viewer or creating a colorful visualization that tells us nothing. Pie charts are great for illustrating percentages. However, when there are too many categories, it is better to use a bar chart, which may easily deal with a few dozen elements.
Final answer:

Pie charts should be limited to 5-6 slices to ensure they are easy to interpret. This is because too many slices or categories can make the chart confusing and complicated. The goal of a pie chart is to provide a clear and simple representation of data.

Explanation:

As a general rule, it is suggested to limit pie charts to having between 5-6 slices. This limitation is due to the fact that having too many slices can make the pie chart confusing and difficult to interpret. The goal of a pie chart is to provide a simple, visual representation of data. When each slice of the pie represents a share of the total, such as a percentage or proportion, it becomes easy to grasp the relative sizes of the different groups.

For instance, if we are dividing a population into groups by age, such as shown in many Census reports, it is beneficial to keep the number of age groups (and thus slices of the pie) to a minimum. This keeps the presentation clear and prevents it from becoming overly complicated.

Remember, the main objective while preparing any visual data representation is clarity and readability. So, if you are using a pie chart, make sure that your categories are logical, and the number of slices is manageable to ensure your data is comprehensible.

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To indicate grouping in access, select _____ as the entry in the total row for the field to be used for grouping

Answers

Select the Group By function. This makes it so that records of the same group are placed onto a single record with a column that is added and holds a nested table of the remaining columns. This function also returns a table with records grouped together based on the values in one or more columns.

"if you are pulled over for a minor equipment violation such as a cracked windshield or burned-out bulb you will usually be given how long to correct the problem?"

Answers

As per the traffic rules, if someone is pulled over for minor equipment violation, he or she shall be given a maximum period of two weeks to correct the problem with the equipment of their vehicle.

What are traffic rules?

The rules that are mentioned under the law as legal requirements and regulations for driving or riding vehicles of any kind on the road are known as the traffic rules.

If the authorities pull over a driver for an issue in the equipment of their vehicle, they shall be granted a minimum period of one and a maximum of two weeks to repair their minor equipment violation.

Hence, the significance of the traffic rules in case of minor equipment violation are as aforementioned.

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Final answer:

When pulled over for a minor equipment violation, you are usually given a 'fix-it ticket' with typically around 30 days to correct the problem and provide proof to the court.

Explanation:

When you are pulled over for a minor equipment violation such as a cracked windshield or a burned-out bulb, the time given to correct the problem can vary depending on the jurisdiction. However, police officers will typically issue what is known as a 'fix-it ticket' or a correctable violation notice. The standard time frame given to fix the issue is often around 30 days.

It's important to fix the problem within the given time frame and provide proof of correction to the court, which may involve a small fee. Failure to do so can result in additional fines or penalties.

The style, ease of use, and multi-blade technology of gillette's fusion razor system is a __________ that has favorably impacted consumer perceptions about other new products sold by the company.

Answers

These characteristics unique to Gillete's Fusion razor system comprises its product image. 

Product image signifies what "a product currently stands for." It is composed of the consumer's perceptions, mental images, and beliefs associated with a certain product, as a result of historic facts or events, and the company's advertising and goals.
Hello there! The style, ease of use, ad multi-blade technology of gillette's fusion razor system is a ____________



Product image



Hope this helps! :)

When does the government assume an expansionary fiscal policy position?

Answers

Expansionary fiscal policy is defined as increase in the expenses of the government and decrease in taxes. A government assumes an expansionary fiscal position WHEN IT IS WEAK. An expansionary fiscal policy helps the government to come out of the recession phase. Keynes and his followers were big supporter of expansionary fiscal policy in helping rescuing during recession phase.

According to immanuel wallerstein, currently, there are many countries whose production is owned or leased by dominating countries but the workers in these countries do not share the same privileges and rights that us workers do. one of these would be
a. vietnam.
b. great britain.
c. mexico

Answers

One of the country, according to Immanuel Wallerstein that is currently many countries whose production is leased or owned by dominating countries but the workers in these countries do not share the same rights and privileges that United States workers do, that country would be A. Vietnam.

Replanting vegetation on an abandoned mine site is one of the best ways to prevent future:

Answers

By replanting vegetation on a mine it will prevent acid mine drainage because it:
prevents mine materials to be exposed to oxygen;
flowing/percolating water;
otherwise prevent bacteria from catalyzing the necessary reactions
.

Some plants are added there to reduce the acidity, which causes metals to precipitate out of the contaminated water.

Identity-__________ individuals lack clear direction. they are not committed to values or goals, nor are they actively trying to reach them.

Answers

The answer is identity diffusion.
There are four identity statuses;
identity moratorium
identity foreclosure
identity achievement
identity diffusion
Identity diffusion occurs at the point when the people need clear course, they are not dedicated to qualities and objectives, nor are they currently endeavoring to contact them and they may never have investigate choices or may have discovered the errand excessively debilitating and overpowering.
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