Answer:
$27,000
Explanation:
Budgeting is the process by which a business projects it's expenditures and revenues within a given period and plans to obtain funds to run the business on the basis of these projections.
In the given scenario Roman company have projected the cash reciepts and cash disbursement within the period.
They now need a particular loan amount to gain cash level of $45,000 at the end of the period.
Final cash balance = Opening balance + Cash receipts - Cash disbursement + Loan
$45,000 = $40,000 + $101,000 - $123,000 + Loan
45,000 = 18,000 + Loan
Loan = 45,000 - 18,000
Loan = $27,000
Answer:
See explanation section
Explanation:
As there is a difference between the physical count of the inventory and actual Inventory count, it indicates that the merchandise inventory is either sold or wasted. However, for continuing the operation smoothly, it is assumed as sold. Therefore, the journal entry to record the sale is -
December - 31 Cost of goods sold Debit 45,000
($415,000 - $370,000)
Merchandise Inventory Credit 45,000
(To record the sale of merchandise: adjusted)
Answer:
"$224,000" is the correct solution.
Explanation:
The given values are:
Corporation purchased percentage,
= 25%
Original investment,
= $210,000
Short's net income,
= $80,000
Paid cash dividend,
= $24,000
Now,
The share of net income will be:
= 
= 
= 
($)
The cash dividend will be:
= 
= 
= 
($)
hence,
On December 31, 2021, the balance will be:
= 
= 
= 
= 
($)
Answer: Peripheral route.
Explanation:
Persuasion is the ability to convince one or more people about something, to think in a certain way, or to do something in particular.
The persuasion follows two routes; the central route, and the peripheral route:
- The central route of persuasion occurs when the person is persuaded by the message received.
- The peripheral route of persuasion occurs when the person is persuaded by something different than the message, such as how the message is presented.
In this case, Trevor was guided by what he saw to decide, so he followed the peripheral route of persuasion.
<em>I hope this information can help you.</em>
