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2 years ago

Which of the following is the BEST reason to use cash for making purchases?

Business

1 answer:

tia_tia [17]2 years ago

4 0

Cash makes it easier to budget and stick to it. Its easier to track exactly how much money you are spending.

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Oriole Company made the following journal entry in late 2021 for rent on property it leases to Danford Corporation. Cash 153000

Morgarella [4.7K]

Answer:

$277,125

Explanation:

The calculation of income tax expense is shown below:-

Income tax expense = Income taxes payable at the end of 2022 + (Rent revenue ÷ 2) × Tax rate

= $258,000 + (($153,000 ÷ 2) × 0.25)

= $258,000 + $76,500 × 0.25

= $258,000 + $19,125

= $277,125

Therefore for computing the income tax revenue we simply applied the above formula.

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4 years ago

The _____ quality attributes are embedded in the total product, that is, the physical or core product and all the additional fea

Agata [3.3K]

If I've got it right, the answer with missing word looks like this: The market-perceived quality attributes are embedded in the total product, that is, the physical or core product and all the additional features the consumer expects.

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3 years ago

On January 1, 2018, Brussels Enterprises issues bonds at par dated January 1, 2018, that have a $3,400,000 par value, mature in

pashok25 [27]

Answer:

a. Record the entry for the issuance of bonds for cash on January 1, 2018.

January 1, 2018, bonds are issued

Dr Cash 3,400,000

Cr Bonds payable 3,400,000

b. Record the entry for the first semiannual interest payment on June 30, 2018.

June 30, 2018, first coupon payment

Dr Interest expense 153,000

Cr Cash 153,000

c. Record the entry for the second semiannual interest payment on December 31, 2018.

December 31, 2018, second coupon payment

Dr Interest expense 153,000

Cr Cash 153,000

d. Record the entry for the maturity of the bonds on December 31, 2021 (assume semiannual interest is already recorded).

December 31, 2021, payment of bonds payable

Dr Bonds payable 3,400,000

Cr Cash 3,400,000

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3 years ago

Consider the owner of a local boutique. She is deciding if she should upgrade the storage and display containers. The total cost

miv72 [106K]

Answer:

a) $3077

b) The owner should make this investment because the marginal benefit is greater than the marginal cost

Explanation:

Given data :

Total cost = $2000

depreciation rate = 8% per year

expected increase in revenue (CF ) = $400

interest rate = 5%

a) Determine the present value of the stream of revenue due to the upgrades

= CF / ( 1 + r ) ^t where ( 1 + r )^t = 13%

= 400 / 13%

= $3077

b) The owner should make this investment because the marginal benefit is greater than the marginal cost

8 0

3 years ago

Operations, information, systems, and contingency management Modern management theorists recognize that multiple management appr

Arturiano [62]

Answer:

Fiedler's theory and others like it are called contingency theories, and they imply that the most effective management technique gets adjusted to every situation, focusing on tasks as subunits strategy, as a contingency factor is unexpected.

Explanation:

A contingency theory is an organizational theory of the unexpected, out of control factors, so there is not a best way to lead or to make decisions, there is, instead, a contingency that cannot be accurately predicted, being motivation and leadership, two of many independent variables of the contingency theory, and productivity, turnover and absenteeism are some dependent variables, allowing managers to bend policies or override the if necessary when reacting to problems, and wide discretion in decision-making as the theory´s basis states that leader's relations impact their effectiveness.

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3 years ago

Read 2 more answers