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2 years ago

Regarding global strategy and systems configuration, transnational strategies system configuration is predominantly ____

1 answer:

3 0

Regarding global strategy and systems configuration, multinational strategies system configuration is predominantly decentralized.

Decentralization refers to a specific form of organizational structure where the top management delegates different type of decision-making responsibilities and daily operations to middle as well as lower subordinates.

The top management can easily concentrate on taking the major decisions with greater time availability. Businesses generally feel the requirement of decentralization in order to continue efficiency in their operation.

Decentralization in the management may be understood by the orderly assignment of authority at every level of the management, in any organization.

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At year-end (December 31), Chan Company estimates its bad debts as 0.80% of its annual credit sales of $654,000. Chan records it

allsm [11]

Answer and Explanation:

The journal entries are shown below:

On December 31

Bad debt expense Dr $5,232 ($654,000 × 0.80%)

To Allowance for doubtful debts $5,232

(To record the bad debt expense)

On Feb 01

Allowance for doubtful debts Dr $327

To Account receivable $327

(To record the uncollectible amount)

On June 5

Account receivable $327

To Allowance for doubtful debts Dr $327

(To record the uncollectible amount)

On June 5

Cash Dr $327

To Account receivable $327

(To record the cash received)

7 0

3 years ago

The _____ lists the beginning and ending balances of key equity accounts and describes the changes that occur during the period.

andrey2020 [161]

It should be noted that statement of retained earnings gives lists of the beginning and ending balances of key equity accounts.

<h3>What is statement of retained earnings?</h3>

The statement of retained earnings can be regarded as a financial statements which provides details changes in the volume of retained earnings over some period.

statement of retained earnings describes the changes that occur during the period.

Learn more about statement of retained earnings at:

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3 0

3 years ago

Please answer this question for me

anygoal [31]

Shan’sdhshehsh shehshahehe shehdhs

6 0

3 years ago

Read 2 more answers

Samantha put $18,500 into a savings account. after one month, the savings account grew to $18,962.50. after the second month, it

Readme [11.4K]

Answer: $24,747.92

Based on the given amounts of increased in savings for the first 3 months, we have the following assumptions:

1) That the savings increase by 2.44% monthly

$18,962.50 -18,500=462.50, 462.50/18962*100=2.44%

$19,436.56--$18,962.50=$474.06, 474.06/19,436.56*100=2.44%

$19,922.48-$19,436.56=485.92, 485.92/19,922.48*100=2.44%

2) That the monthly interest for the first 3 months had an incremental of $0.30 monthly

462.50,474.06 and 485.92 has an incremental of 11.56 and 11.86 (with a difference of .30)

Continuing on with the increments gives savings of $24,747.92 in the 12th month.

4 0

4 years ago

Read 2 more answers

You are scheduled to receive $35,000 in two years. When you receive it, you will invest it for 6 more years at 7 percent per yea

bazaltina [42]

Answer:

$52,526

Explanation:

In two years i have $35,000.

the amount invested thus the Principle amount is $35,000

Pv = $35,000

r = 7 %

PMT = $0

n = 6

Fv = ?

Note that The 8 th year is the sixth year of this investment.

FV = PV × (1 + r) n

= $35,000 × ( 1 + 0.07) 6

= $52,525.56

= $52,526

4 0

3 years ago