Based on the fact that the Euro will appreciate, the best thing for Johnson Co. to do is to e.purchase euros forward.
<h3>What should Johnson Co. do?</h3>
The fact that the Euro is going to appreciate in value means that Johnson Co. will have to pay more in future.
They should therefore lock in a favorable Euro rate now by purchasing Euros at a forward rate.
Find out more on purchasing forward at brainly.com/question/14090802.
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Answer:
It is observed that the value of test statistics (19.168) is greater than the critical value (13.277), thus the rejected hypothesis, H₀ at α = 0.01.
There is enough evidence to conclude or deduce that sales were the same for all locations
Explanation:
Solution
Given that:
Object: Test whether the sales were the same for all locations by applying 1% significance level.
The Null Hypothesis H₀ : Sales were the same for all locations
E₁ = 70 +75 +70+ 50 + 35/5 = 60
The Alternative Hypothesis Hₐ : Sales were not the same for all locations
Now,
The decision rule:
the Level of Significance be α = 0.01
Degrees of freedom is df= Number of categories -1
=5-1 = 4
Note: Kindly find an attached copy of part of the work solution of this given question
Answer:
b.
Explanation:
Based on the scenario being described within the question it can be said that George is a creative salesperson, and is the main reason why he is so valued. This creativity allows George to come up with all the new ideas that others may not be able to come up with, and these ideas and tactics create value to the company.
Answer:
$100,000
Explanation:
Depreciable cost refers to the portion of an asset's costs that will be spread throughout the use-life of the asset. It is the amount to depreciated over the gainful life of the asset.
Depreciable cost is calculated by subtracting salvage value from the original cost of the asset. Salvage value is also the scrap value.
Depreciable cost = asset cost - salvage value
Depreciable cost= $120,000 - $20,000
Depreciable cost =$100,000
Answer:
B
Explanation:
When a company issues shares, ‘cash’ is debited because money has come into the firm (debit means addition). ‘Equity’ is credited however because it is money the business is owing to the business owners (credit means negative)
Equity is always a credit balance when new shares are issued. It means the business is owing more to the business owners.
Note that Equity is a credit balance (in negative position) while Asset is a debit balance (positive)
In our case, we have added more business owners by getting more money to the business to the tune of $100,000. We will therefore credit equity by -$100,000). Since money came in, we also debit cash by adding an equivalent +$100,000.
The entry is therefore balanced and correct!
