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bixtya [17]
3 years ago
12

Molave Furniture Company plans to launch a new website. Lila, the company's CIO, thinks that the company can better reach its cu

stomers through an interactive site that allows customers to view pictures of all furniture items, schedule an appointment with a sales consultant, or order items online. Which of the following areas of responsibility is Lila most specifically addressing?A) budgetB) currency of systemsC) e-commerceD) systems designE) data warehousing
Business
1 answer:
dedylja [7]3 years ago
8 0

Answer:

C) e-commerce

Explanation:

E-commerce is simply all the commercial transactions that a company carries out in the internet.

Lila should focus her e-commerce strategy in optimizing her customers' experience through an easily accessible website and a user friendly interface.  

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An investmetn adviser will always be considered to have taken custody if an adviser: is the trustee for the cleint in a trust ac
Talja [164]

Answer:

true (A.  is the trustee for the client in a trust account)

Explanation:

Based on the information provided within the question it can be said that this statement is completely true. This is mainly due to the fact that a trustee can directly deduct management fees from the customer funds. Therefore if the investment adviser is the trustee for the client he is able to have custody over the account and make these deductions.

3 0
3 years ago
FedEx Corporation is the world's leading express-distribution company. In addition to the world's largest fleet of all-cargo air
Masteriza [31]

Answer:

 

1) Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation was:

(a) $12,000,   0

(b) $10,000,  Loss  2000

(c) $15,000.   Gain 3000

2) Using the following structure, indicate the effects (accounts, amounts, and + or -) for the disposal of the truck in each of the three preceding situations.

Assets = Liabilities + Stockholders' Equity

Cash+Net Fixxed Asset=Liabilities+truck sold+sale-net-loss in sale  

 

´=16000+(-28000+12000)=0+(16000-(28000-12000))  

3) Prepare the journal entry to record the disposal of the truck for each situation in requirement 1.

Depreciation a 12000  

 

Db Cash___________________ 16000  

Depreciation________________ 12000  

Fix asset____________________________________  28000

 

Depreciation b 10000  

 

Db Cash___________________ 16000  

Depreciation_______________         10000  

Fix asset____________________________________  28000

Loss in disposal of fixed asset_______2000  

 

Depreciation c 15000  

 

Db Cash___________________ 16000  

Depreciation________________ 15000  

Fix asset____________________________________  28000

Income in disposal of fixed asset__________________  3000

Explanation:

Truck sold 16000  

Purchased 28000  

Depreciation a 12000  

Depreciation b 10000  

Depreciation c 15000  

 

Cash+Net Fixxed Asset=Liabilities+truck sold+sale-net-loss in sale  

 

´=16000+(-28000+12000)=0+(16000-(28000-12000))  

 

 

Depreciation a 12000  

 

Db Cash___________________ 16000  

Depreciation________________ 12000  

Fix asset____________________________________  28000

 

Depreciation b 10000  

 

Db Cash___________________ 16000  

Depreciation_______________         10000  

Fix asset____________________________________  28000

Loss in disposal of fixed asset_______2000  

 

Depreciation c 15000  

 

Db Cash___________________ 16000  

Depreciation________________ 15000  

Fix asset____________________________________  28000

Income in disposal of fixed asset__________________  3000

7 0
3 years ago
A program trade is:_________. A. a trade of 10,000 (or more) shares of a stock. B. a trade of many shares of one stock for one o
neonofarm [45]

Answer:

The answer is: D

Explanation:

Program trading is the use of computer programs or algorithms to trade a portfolio of stocks at a high frequency and in large numbers. These algorithms, essentially 'machine traders', are created  to make trades on behalf of humans and are anticipated to have more precision and speed than human traders. However, these trades are created, monitored and analysed by human traders. The New York Stock Exchange classifies the coordinated trading of a group of 15 or more stocks with a combined market value of $1, 000, 000 as program trading.

6 0
4 years ago
Identify each person in the table as structurally, frictionally, or cyclically unemployed.
Soloha48 [4]

Answer:

a. Structurally unemployed.

b. Cyclically unemployed.

c. Frictionally unemployed.

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

I. Natural Rate of Unemployment (NU).

II. Frictional unemployment rate (FU).

III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

V. Cyclical unemployment rate (CU).

a. Structurally unemployed: Lorenzo recently lost his job as a dishwasher. Minimum-wage legislation keeps employers from adding more of the low-skill positions for which he qualifies, so he has been unable to find work.

b. Cyclically unemployed: Teresa is a real estate agent. House sales in her area have declined because the region has been going through a recession. She has no clients and is currently looking for a new full time job. A cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.

c. Frictionally unemployed: Neha just graduated from college and is looking for a full- time position with an investment banking firm.

6 0
3 years ago
Abbott Company uses the allowance method of accounting for uncollectible accounts. Abbott estimates that 3% of credit sales will
defon

Answer:

$2,540

Options are inconsistent with given question

Explanation:

Allowance for uncollectible accounts is a contra asset account and it has credit nature. It needs to be debited to decrease the balance and credited to increase the balance. Balance of this account is adjusted in the account receivable to report the net receivable balance in the balance sheet.

As per given data

Beginning allowance for uncollectible accounts balance = $3,700

Write off is the adjustment mad in this account and it needs to be debited in this account, this transaction will reduce the balance.

Adjusted Balance = $3,700 - 2,700 = $1,000

Credit sales = $118,000

Estimated allowance for uncollectible accounts balance = $118,000 x 3% = $3,540

As allowance for uncollectible accounts has already have balance of $1,000, Bad debt expense for the year is $2,540 ($3,540 - $1,000).

4 0
3 years ago
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