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1 year ago

Paying by check helps a business to control cash when the ______. (select all that apply.)

1 answer:

6 0

Paying by check helps a business control cash when the: manager studies the documents supporting the payment before signing the check and checks are pre-numbered and written sequentially. Options A and C

This is further explained below.

<h3>What is business?</h3>

Generally, An organization or entrepreneurial body that engages in commercial, industrial, or professional activity is what we mean when we talk about "doing business."

Both for-profit and non-profit groups may operate under the business umbrella. There are many different kinds of businesses, such as sole proprietorships, partnerships, corporations, and limited liability companies (LLCs).

Payment is the voluntary tender of cash or its equal or of objects of value by one party to another in return for goods or services given by them or to meet a legal duty.

Payments may also be made in order to fulfill a legal requirement. It is standard practice to refer to the party that is making the payment as the payer, while the party that is receiving the money as the payee.

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Help me please.. there is no option on here for Human Resources principals, so I jus clicked business as the subject..

MrMuchimi

Answer:

An interview

Explanation:

8 0

2 years ago

the area of a rectangle is 600 cm2 and its breadth is two-third of its length find the length and breadth of the rectangle

alexandr1967 [171]

Given:

Area of a rectangle is $600 \text{cm}^2$ .

Breadth is two-third of its length.

To find:

The length and breadth of the rectangle .

Solution:

Let x cm be the length of the rectangle.

Then, Breadth or width of the rectangle = $\dfrac{2}{3}x$ cm

Area of a rectangle is

$Area=Length \times Breadth$

$600=x \times \dfrac{2}{3}x$

$600=\dfrac{2}{3}x^2$

Multiply both sides by 3.

$1800=2x^2$

Divide both sides by 2.

$900=x^2$

Taking square root on both sides.

$\pm \sqrt{900}=x$

$\pm 30=x$

Length cannot be negative. So, x=30.

Now,

Length = $30\text{ cm}$

Breadth = $\dfrac{2}{3}\times 30\text{ cm}$

= $2\times 10\text{ cm}$

= $20\text{ cm}$

Therefore, the length of the rectangle is 30 cm and the breadth is 20 cm.

8 0

2 years ago

Oriole Company had $234,200 of net income in 2019 when the selling price per unit was $151, the variable costs per unit were $91

FinnZ [79.3K]

Answer:

A) 13,500 units

B) 14,630 units

C) $156 is the selling price.

Explanation:

A) Number of units sold = Total sales/selling price per unit

Given,

Operating profit (Net income) = $234,200

Selling price per unit = $151

Variable cost per unit = $91

Contribution margin per unit = $(151-91) = $60

With the help of contribution approach, we can find the total sales.

Per Unit Total Cost

Selling price $151

Less: Variable cost <u> 91 </u>

Contribution Margin(1) $60 $810,000

Less: Fixed cost <u> $575,800</u>

Net Income $234,200

Note: 1) Contribution Margin - Fixed cost = Net income

Contribution Margin = Net income + fixed cost

Contribution Margin = $234,200 + 575,800

Contribution Margin = $810,000

Total number of units = Contribution Margin/Contribution margin per unit

Total number of units sold = $810,000/$60

Total number of units sold = 13,500 units

B) We know,

Desired sales unit = $\frac{Fixed cost + Target profit}{Selling price per unit - Variable cost per unit}$

Given, as the selling price, variable cost and fixed cost remain same in 2020. Therefore,

Selling price per unit = $151

Variable cost per unit = $91

Fixed cost = $575,800

Targeted profit = $67,500 + 234,500 = $302,000

Therefore, desired sales unit = $\frac{575,800 + 302,000}{151 - 91}$

Desired sales unit = 14,630 units need to be sold in 2020.

C) If the company wants to sell 13,500 units but wants to achieve $(234,200+67,500) = $302,000 amount of profit, the company has to increase its selling price. Because the company cannot change the fixed cost.

Therefore,

Contribution Margin - Fixed cost = Net income

or, Contribution Margin = Net income + fixed cost

or, Contribution Margin = $302,000 + 575,800 = $877,800

Therefore, contribution margin per unit = $\frac{877,800}{13,500}$

Contribution margin per unit = $65

As the variable cost will not be changed, the selling price should be -

Selling price - variable expense per unit = Contribution margin per unit

Selling price = Contribution margin per unit + variable expense per unit

Selling price/unit = $65 + $91 = $156

3 0

3 years ago

George's manager has given him the following goal: "Profits should be increased in the coming year in order for employees to rec

Shtirlitz [24]

Answer:

The options for this question are the following:

a. Specific and measurable

b. Cover key result areas

c. Linked to rewards

d. Defined time period

e. Challenging but realistic

The correct answer is a. Specific and measurable .

Explanation:

Without smart goals, there is no success. SMART objectives encourage focus and action. They are a way of contributing structure and measurability to your goals and objectives. If you want to succeed in sports, you must set SMART objectives: specific, measurable, attainable, relevant and temporary. Let's see each one of them and talk about what it really means to set SMART goals:

S - Specific

The less clear your goal is, the less likely it is that you can achieve it. Try to be as specific as possible by asking yourself questions like: What do I really want to achieve? When do I want to get it? Where? How? Including figures in your goal is also a good way to make it more specific. For example: I want to perform 10 Strict Pullups in 15 weeks. Or, my goal is to improve my Aphrodite time by 2 minutes in the next 3 months.

M - Measurable

Measurable is related to the criteria on which you base your achievement, is to have concrete evidence that you have achieved it. How will it make you feel? What are you going to see? Dividing your goal into measurable steps makes it clearer and easier to achieve the desired result.

7 0

2 years ago

Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion cost

sattari [20]

Answer:

$932 per unit

Explanation:

The computation of direct materials cost per equivalent unit is shown below:-

Work in process ending 100% complete in material = 840 + 290

= 1,130

Total cost = Direct material + Direct materials costs added during March

= $346,000 + $707,500

= $1,053,500

Material Equivalent unit cost = Total cost ÷ Units to account for

= $1,053,500 ÷ 1,130

= $932 per unit

7 0

3 years ago