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Alex
2 years ago
12

(05.02 MC)

Business
1 answer:
Masteriza [31]2 years ago
6 0

The correct option is A. Revenue accounts include the sales accounts after deducting all the expenses from sales accounts a credit balance of $1,415.00 is shown in the revenue and expense account.

What is Revenue Expenditure?

Revenue Expenditure is such expenditure that is incurred during the normal course of business by the company that generally benefits from that expenditure of a year or less than a year.

Given, Sale =$3230

           Advertising Expense = $765

            Communication Expenses = $150

           Rent = $900

Caculation of Income      

Income = Sale -  Expenses

             = $3.230-$765-$150-$900

             =$1415.00

Thus, after calculating the Income summary is shown a credit balance of $1415.00

Learn more about Revenue Expenditure here:

brainly.com/question/17769683

#SPJ1

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Answer:

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Which of the following is NOT an element of organizational structure? A) Well-articulated mission, vision, and value statements.
alekssr [168]

Answer:

A) Well-articulated mission, vision, and value statements.

Explanation:

An organizational structure can be defined as a system that states how business activities such as standard rules, task allocation or roles of employees, coordination, responsibilities and supervision of these activities are directed so as to enhance the achievement of the goals, aims and objectives of the organization.

Simply stated, an organizational structure usually defines a hierarchy, which is used to determine how information, roles and responsibilities flow from one level to another in an organization. Generally, the flow of information are usually from top to bottom.

Furthermore, the organizational structure can be divided into four (4) distinct categories and these are;

1. Matrix organizational structure.

2. Functional organizational structure.

3. Divisional organizational structure.

4. Flat organizational structure.

The following are the elements of organizational structure;

A. Formal reporting relationships. This is enhanced by assigning a hierarchy, where informations are reported to the right individual and in a timely manner as well.

B. Grouping together of individuals into departments. This is to increase the level of output and enhance building good, coordinated development through division of labor.

C. Systems designed to ensure effective communication.

<em>Hence, a well-articulated mission, vision, and value statements isn't an element of organizational structure. It could be regarded as an organization's center of gravity. </em>

3 0
3 years ago
The chief reason a person becomes a supervisor is his or her work-related knowledge. unique style. strength of personality. conf
Temka [501]
<span>The answer is his or her work related knowledge. While supervisor's also have knowledge, unique style, strength of personality, and confidence, it is the knowledge of their job and the knowledge of the people below them that makes for a great supervisor.</span>
4 0
3 years ago
Consider the single factor APT. Portfolio A has a beta of 1.8 and an expected return of 21%. Portfolio B has a beta of .8 and an
liberstina [14]

Answer:

... you should take a short position in portfolio <u>A</u> and a long position in portfolio <u>B</u>.

  • B: A;B

Explanation:

Portfolio A:

21% = 12% + 1.8F

1.8F = 9%

F = 5%

Portfolio B:

21% = 12% + 0.8F

0.8F = 9%

F = 11.25%

Since Portfolio B's F = 11.25% > Portfolio A's F = 5%, then you should take a short position in Portfolio A and a long position in Portfolio B.

5 0
3 years ago
The Plastic Flowerpots Company has two manufacturing departments, molding and packaging. At the beginning of the month, the mold
cricket20 [7]

Answer:

The Plastic Flowerpots Company

A) Equivalent units of production:

Started and completed = 17,600

Ending WIP =                     2,400

Total equivalent units = 20,000

B) Cost per equivalent unit of production:

Cost per equivalent unit = $27,900/20,000

= $1.40

Explanation:

a) Data:

Molding department:

Units started  = 18,000

Ending WIP = 3,000

Degree of completion = 80% for WIP

Cost:

Beginning WIP: Direct materials $1,200

Direct materials during the month = $27,900

a) Equivalent units of production for materials:

Beginning WIP = 2,000

Started               18,000

Ending WIP        (2,400) (80% of 3,000)

Completed        17,600

Started and completed = 17,600

Ending WIP =                     2,400

Total equivalent units = 20,000

b) Cost per equivalent unit of production for materials:

Cost of materials $27,900

Equivalent units = 20,000

Cost per equivalent unit = $27,900/20,000

= $1.395

= $1.40

3 0
3 years ago
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