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1 year ago

.Who were some of the primary decision makers that led to the illegal sales activities?

1 answer:

4 0

The CEO John Stumpf and the former retail banking head were some of the primary decision makers that led to the illegal sales activities.

Sales are sports related to promoting or the number of products offered in a given targeted term. The transport of a provider for a price is likewise taken into consideration a sale. A sale is a transaction between two or more events in which items or services are exchanged for cash or different property. within the financial markets, a sale is an settlement between a customer and vendor regarding the rate of a protection and its transport for agreed-upon reimbursement. In fashionable commercial enterprise operations, income confer with any transactions where money or value is exchanged for the ownership of a good or entitlement to a service. In an accounting context, income refers to a corporation's sales earned from the sales of services or products (net sales).

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Disadvantages of Residual Income.

3241004551 [841]

Answer: a. Residual income, like ROI, can encourage a short run orientation

Explanation:

Residual incomes presents the same problem as ROI measurement, The problem of myopic behaviour or short run orientation

The manager may cut expenses like advertising expenses, maintenance expenses , training expenses when being evaluated under residual income or ROI to reflect a favourable residual income or return on investments, The problem Managers being short run orientated is not eliminated or minimized by change methods between ROI and Residual income.

7 0

4 years ago

Why must there be an opportunity cost for every choice you make?

Vitek1552 [10]

If it is a choice, then you are deciding between two or more options. The opportunity cost of whatever you decide means you have chosen the best option, with the next best option foregone.

I hope this helps you and have a great day!! :)

3 0

3 years ago

Read 2 more answers

Choose all that apply.

andre [41]

It can be all of them or the last 4

8 0

4 years ago

Read 2 more answers

Newell Company completed the following transactions in October:

olasank [31]

Answer:

a. Cash receive on Oct. 8 = $588

b. Cash receive on Oct. 16 = $1,261

c. Cash receive on Oct. 29 = $4,000

d. Cash receive on Oct. 27 = $1,176

e. Cash receive on Oct. 28 = $1,862

Explanation:

a. Oct. 8

Since cash was received within 10 days, it qualified for the stated 2% discount. Therefore, we have:

Cash receive on Oct. 8 = $600 - ($600 * 2%) = $588

b. Oct. 16

Since cash was received within 10 days, it qualified for the stated 3% discount. Therefore, we have:

Cash receive on Oct. 16 = ($1,700 - $400) - (($1,700 - $400) * 3%) = $1,261

c. Oct. 29

Since cash was received outside 10 days, it was NOT qualified for the stated 1% discount. Therefore, we have:

Cash receive on Oct. 29 = $5,000 - $1,000 = $4,000

d. Oct. 27

Since cash was received within 10 days, it qualified for the stated 2% discount. Therefore, we have:

Cash receive on Oct. 27 = ($1,400 - $200) - (($1,400 - $200) * 2%) = $1,176

e. Oct. 28

Since cash was received within 10 days, it qualified for the stated 2% discount. Therefore, we have:

Cash receive on Oct. 28 = ($2,300 - $400) - (($2,300 - $400) * 2%) = $1,862

7 0

3 years ago

On October 1, Black Company receives a 9% interest-bearing note from Reese Company to settle a $20,000 account receivable. The n

Anna007 [38]

Answer:

B. $450

Explanation:

Interest rate = 9% = 0.09

Account receivable = $20,000

Interest = 0.09 x 20,000

= $1,800

At December 31, Black should record interest revenue of

1,800 x (90/360)

= 1,800 x 0.25

= $450

The answer is $450

4 0

3 years ago