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Serggg [28]
1 year ago
15

pippi, the manager of quik mart, deposits the store's receipts in its account at regional bank. as to the receipts, the relation

ship between quik mart and the bank is
Business
1 answer:
Olin [163]1 year ago
5 0

As to the receipts, the relationship between Quik mart and the bank is Creditor and Debtor.

<h3>Who is a Creditor and Debtor?</h3>

Any individual or organization that owes money to another is said to be a debtor . The debtor often has to pay both the principle and interest on the loan.

Creditors are people or organizations that lent money to another firm and are now owed money. An organization or individual that loans money or offers credit to some other party is known as a creditor.

Debtors are individuals or businesses who owe you money. They are also referred to as "accounts receivable" by you.

To learn more about Creditor

brainly.com/question/22912208

#SPJ1

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One of the earliest, and still one of the most powerful, motivations for u.s. companies to invest abroad relates to ____: obtain
Sergeeva-Olga [200]

This is factors of production

5 0
3 years ago
Read 2 more answers
Granfield Company has a piece of manufacturing equipment with a book value of $35,500 and a remaining useful life of four years.
Doss [256]

Answer: Option (e) is correct.

Explanation:

Given that,

Book value of manufacturing equipment = $35,500

Current market value of equipment = $21,100

Cost of new machine = $111,000

cash received from trading old machine = $21,100

Variable manufacturing costs of new machine reduce by $18,100 per year over the four-year =

Total increase/decrease in net income = Cost of new machine + cash received from trading old machine + Reduction in Variable manufacturing costs

                                                =  ($111,000) + $21,100 + $18,100 × 4

                                                = ($17,500)

Note: Bracket represents the negative values.

∴ The total decrease in net income by replacing the current machine with the new machine is $17,500.

7 0
3 years ago
Kurt, who is a divisional manager, continually brags that his division’s required return for its projects is 1 percent lower tha
Viefleur [7K]

Answer:

D. Kurt’s division is less risky than the other divisions.

Explanation:

Based on the information provided within the question it can be said that the most likely reason is that Kurt’s division is less risky than the other divisions. Just as the saying goes "the greater the risk, the greater the reward", the same goes for the opposite, the lower the risk that a division has to undertake the lower the percent for the required return.

3 0
3 years ago
Carillo Industries collected $108,000 from customers in 2017. Of the amount collected, $25,000 was for services performed in 201
Elis [28]

Answer and Explanation:

The computation is shown below;

But before reaching to the final answers, first do the following calculations

Cash collected $108000

Add Services performed in 2017(not collected) $36000

less Services performed in 2016(collected in 2017) $25000

Revenue for 2017 $119,000

Cash paid in 2017 $72,000

Add Expense incurred not yet paid for 2017 $42000

Less Expense paid for 2016 -$30000

Expense for 2016 $84000

Now

a. Cash basis  

Revenue $108000

Less Expenses -$72,000

Net income $36000

b. Accrual basis  

Revenue for 2017 $119,000

Less Expenses for 2017 $84,000

Net income $35,000

8 0
3 years ago
The pay rates in the organization may not match the pay structure in the market when a company sets its pay rates based strictly
Grace [21]

There are discrepancies between the pay rates of a company and the pay structure in the market when a company sets its pay rates strictly based on a <u>pay policy</u><u> line</u>.

<h3>What is a pay rate?</h3>

A pay rate can be defined as a measure of the amount of money that is being paid by a company to its employees (workers) per period of work or unit of production, which is usually on a hourly, weekly, or monthly basis.

In business management, discrepancies would generally exist between the pay rates of a company and the pay structure in the market when a company sets its pay rates strictly based on a <u>pay policy</u><u> line</u>.

Read more on pay rate here: brainly.com/question/4443190

6 0
1 year ago
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