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Mekhanik [1.2K]
4 years ago
13

Susan is creating a spreadsheet and she needs to enter the days of the week in column A.Susan should ?

Business
1 answer:
Fofino [41]4 years ago
3 0

Answer:

Susan should use "Auto fill option"

Explanation:

Susan should,

  • Enter the title as "Days of the week" in the column as required
  • Then start typing "Monday" below the column heading
  • Then move the cursor till the end of the cell to pull the handle
  • Drag the handle (Auto fill) as required
  • Now the days of the week will be filled starting from Monday to Sunday and it goes on repeating.

You can also use the "Auto fill" to fill the "months of the year, dates" and so on.

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Are the costs of transforming direct materials into finished goods.
Gnoma [55]
<span>Conversion Cost
   You can call this the cost of changing the goods into buyable items . These costs are the blend of direct work costs in addition to assembling overhead expenses. You can consider conversion costs as the assembling or generation costs important to change over crude materials into items. Communicated another way, conversion costs are a maker's item or generation costs other than the expenses of crude materials.</span>
5 0
4 years ago
Lisa Co. paid cash for all of the voting common stock of Victoria Corp. Victoria will continue to exist as a separate corporatio
lutik1710 [3]

Answer: worksheet

Explanation:

The entries for the consolidation of Lisa and Victoria would be recorded in a worksheet.

Consolidation worksheet refers to the tool that is used in the preparation of the consolidated financial statements of both a parent company and the subsidiaries.

The consolidation worksheet is important as it shows the individual book values for the parents company and the subsidiaries.

8 0
3 years ago
Gannon Company had the following information at December 31: Finished goods inventory, January 1$50,000 Finished goods inventory
Leni [432]

Answer:

 = $ 650,000.

Explanation:

<em>Gross profit </em><em>is the profit made after subtracting the cost of the goods were sold (cost of inputs) to generate the revenue.</em>

Gross profit = Revenue - cost of sales

Cost of sales = opening inventory + production cost - closing inventory

Cost of sales = 50,000 + 2,200,000 - 150,000

                    =  $2,100,000.

Gross profit =  $2,750,000 - $2,100,000.

                 = $ 650,000.

5 0
3 years ago
Pratt Corp. started the Year 2 accounting period with total assets of $37,000 cash, $15,500 of liabilities, and $12,000 of retai
yuradex [85]

Answer:

a) Revenue = $46,750

b) Stockholder's equity $35,050

c) Net Total Assets = Stockholder's equity = $35,050

d) Net cash generated for the year is $13,050; and Ending cash balance is $50,050

Explanation:

a. Prepare an income statement for the 2018 accounting period

To prepare this, cash revenue is first determined as follows:

Revenue = Retained earning for the year + Expenses + dividend = $46,750

The income statement can now be prepared as follows:

Pratt Corp.

Income statement

For the 2018 accounting period

<u>Particulars                                                      $        </u>

Revenue                                                     46,750

Expenses                                                <u>  (29,500)  </u>

Net income                                                 17,250

Dividend paid                                          <u>  (2,700)  </u>

Retained Earnings for the year               <u>  14,550  </u>

b. Prepare a statement of changes in stockholder's equity for the 2018 accounting period

Pratt Corp.

Statement of changes in stockholder's equity

For the 2018 accounting period

<u>Particulars                                                      $        </u>

Issue of common stock                              8,500

Beginning retained earnings                    12,000

Retained Earnings for the year              <u>   14,550  </u>

Stockholder's equity                            <u>    35,050  </u>

c. Prepare a period-end balance sheet for the 2018 accounting period

Pratt Corp.

Balance Sheet

For the 2018 accounting period

<u>Particulars                                                    $        </u>

<u>Total Assets</u>

Ending cash balance                              50,050

<u>Total Liability</u>

Liability                                                 <u>   (15,500)  </u>

Net Total Assets                                   <u>   35,050 </u><u> </u>

Financed By:

Issue of common stock                            8,500

Beginning retained earnings                  12,000

Retained Earnings for the year            <u>   14,550  </u>

Stockholder's equity                          <u>    35,050  </u>

Note: Since both the Net Total Assets and Stockholder's equity are both equal to $35,050 as normally require, it shows the balance sheet is accrurately prepared.

d. Prepare a statement of cash flows for the 2018 accounting period

Pratt Corp.

Statement of Cash Flows

For the 2018 accounting period

<u>Particulars                                                    $                      $        </u>

Net income                                           <u>   17,250  </u>

Cash flow from operating activities                                 17,250

Changes in Financing Activities:

Decrease in liability                                (10,000)

Issue of common stock                            8,500

Dividend paid                                       <u>   (2,700)   </u>

Cash flow from financing activities                               <u>  (4,200)  </u>

Net cash generated for the year                                     13,050

Beginning cash balance                                                 <u>  37,000  </u>

Ending cash balance                                                     <u>  50,050  </u>

4 0
4 years ago
Zach notices that sales of the company's best products are declining. He gathers together his sales staff to generate solutions
Karolina [17]

Answer:

E) brainstorming.

Explanation:

Based on the scenario being described within the question it can be said that in this situation Zach is using the technique of brainstorming. This term refers to a group creativity technique in which members of the organization come together and spontaneously contribute any and all ideas they may have towards solving a specific problem that the organization is facing.

4 0
3 years ago
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