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2 years ago

For accounting purposes, postdated checks (checks payable in the future) are considered to be

Business

1 answer:

klio [65]2 years ago

6 0

The postdated checks are considered to be an accounts receivable for accounting purpose.

<h3>What is a postdated checks?</h3>

These are checks that is expected to make a payment to be processed on a specified date in the future.

However, in accounting, the postdated checks are considered to be an accounts receivable by a firm for accounting purpose.

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A joint venture is an attractive way for a company to enter a new industry when: Group of answer choices it needs access to econ

oksian1 [2.3K]

Answer:

A joint venture is an attractive way for a company to enter a new industry when:

a firm is missing some essential skills or capabilities or resources and needs a partner to supply the missing expertise and competencies or fill the resource gaps.

Explanation:

A joint venture is the pooling of resources by two or more companies in order to execute a particular project. Some of the advantages of entering into a joint venture with another company include: gaining new capacity and expertise, entering related businesses or new geographic markets, securing access to modern technology, increased access to resources - including expertise and technology. Joint ventures last as long as the project for which it is set up lasts. The arrangement does not call for the dissolution of the joint venturers. Instead, their separate businesses would continue to run separately from the joint venture, which becomes a separate entity until the accomplishment of the task.

5 0

4 years ago

______________ refers to a set of activities undertaken to optimise the business process for improving their performance, delive

posledela

B total quality management

7 0

3 years ago

_____ is defined as "the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in c

irina [24]

Reengineering is being defined as the fundamental rethinking and redesigning of business processes to achieve the dramatic improvements in its critical and contemporary performance measures.

<h3>What is engineering?</h3>

Engineering is the process where the machines and its related items are being developed through application of scientific principles and concepts.

Reengineering is the technique where the dramatic upgradations in the overall performance of a business can be determined by modifying the structure of business and its related systems.

It is one of the most important strategy being developed in the early times of the year 1990s. It merely focused on the designing and review of the workflows in an organization.

Therefore, the provided definition relates to the term called Reengineering.

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7 0

2 years ago

During FY 2016, Bravo Company sold 16,000 units for $84,000. Bravo had $2.75 variable costs per unit sold. Bravo also reported $

Scilla [17]

Answer:

1.- CM 13.25

2.- BEP units 2114 (round to the next higher whole number)

3.- BEP dollars $33,811.32 (nearest cent)

Explanation:

$Sales \: Revenue - Variable \: Cost = Contribution \: Margin$

16 - 2.75 = 13.25

$\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}$

28,000/13.25 = 2113.2075

$\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}$

$\frac{Contribution Margin}{Sales Revenue} = $Contribution Margin Ratio$

13.25/16 = 0.828125

28,000/0.828125 = 33811.32

8 0

4 years ago

Since taxes are not a direct component of aggregate demand changes in taxes do not have multiplier effects on income.

Damm [24]

Components of aggregate demand in a closed economy are consumption(C), investment(I), and government expenditure(G).

So, AD = C + I + G

And consumption is a function of disposable income(Yd) which means

C = C1 + b(Yd)

Where disposable income Yd = (Y - T ). So, disposable income is the remaining income after paying the tax to the government.

So, the AD = C1 + b(Y - T) + I + G. For simplicity we can consider investment and government expenditure as constant.

At equilibrium Y = AD so, Y = C1 + b(Y - T) + I + G.

At period 0, when tax increases ΔT amount then it will decrease consumption at b* ΔT amount. So for any given level of Y, planned expenditure is now lower than income. So initially equilibrium Y decreases by b* ΔT amount. In period 1 this change in income will decrease the consumption at a rate of b(b* ΔT) amount. So Y also decreases by amount b2 * ΔT amount and so on.

So the total change in Y is = b* ΔT + b2 * ΔT + .....

= b* ΔT ( 1 + b + b2 + .....)

= b* ΔT [ 1/ (1- b)]

So, ΔY = b* ΔT [ 1/ (1- b)]

or, ΔY/ ΔT = b / (1-b)

So even if tax is not a direct component of aggregate demand it has a multiplier effect on income. If tax decreases then it will increase disposable income and so as the consumption. An increase in consumption has a positive effect on income in that period and that increased income has a positive effect on consumption in the next period and so as the income. This process will go on.

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7 0

2 years ago