Answer:
Sales = 12,50,000
Explanation:
Detailed steps are given below
Answer and Explanation:
The journal entries are given below:
On May 1
Accounts receivable $1,300
To sales revenue $1,250
To Sales tax liability ($1,250 ×8%) $100
(Being the sales is recorded on account)
On May 15
Cash $3,564
To Sales revenue $3,300
To Sales tax liability ($3,300 ×8%) $264
(Being the sales is recorded on account)
On May 31
Cash $1,300
To Account receivable $1,300
(Being received payment on account due is recorded)
Answer:
The entity is in its growth stage of its life cycle.
Explanation:
There are typically four stages in the life cycle of a business, the following list is arranged from when the company is new to when it starts falling:
1. Introduction Stage
2. Growth Stage
3. Maturity Stage
4. Decline Stage.
Answer:
The options for this question are the following:
A) it reduces the possibility that the Henry Ford Health System might make unethical purchasing decisions.
B) it ensures that the Henry Ford Health System is both
ethical and socially responsible.
C) it was trying to save money.
D) it increases the Henry Ford Health System's socially responsible behavior.
E) it ensures that the Henry Ford Health System is socially responsible, but not necessarily ethical.
The correct answer is A. it reduces the possibility that the Henry Ford Health System might make unethical purchasing decisions
Explanation:
The Henry Ford Health System (HFHS) is a complete integrated nonprofit, managed care, healthcare organization in the Detroit Metro. The corporate office is located in a Ford, Detroit, Michigan location. Henry Ford established the health system in 1915, and is currently headed by a council of 17 management members. Henry Ford also owns the Health Alliance Plan health insurance company.
