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OleMash [197]
4 years ago
6

Prepare a journal entry for the purchase of office supplies on march 9 for $1,775, paying $275 cash and the remainder on account

Business
1 answer:
Stells [14]4 years ago
6 0
<span>On March 9 office supplies were purchased for a total of $1,775 out of which $275 was paid in cash at the time of purchase with the remainder of $1,500 being added to the account.</span>
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A measure of the outcome of a decision such as profit, cost, or time is known as a _____. a. forecasting index b. payoff c. bran
ValentinkaMS [17]

Answer:

b. payoff

Explanation:

In the context of business, this measurement is known as a payoff. In other words, it refers to whatever is obtained as a final result from a specific outcome generated after making specific decisions. Every business decisions revolve around what the potential payoffs will be in order to decide whether or not they will be worth making and if the benefits outweigh the negative aspects.

6 0
3 years ago
Jose purchased a delivery van for his business through an online auction. His winning bid for the van was $25,250. In addition,
Temka [501]

Answer:

$30,710

Explanation:

Calculation for Jose cost basis for the delivery van

Van Winning bid $25,250

Add Shipping costs of $1,270

Add Paint to match the other fleet vehicles $1,440

Add Sales tax $2,750

Basis for the delivery van $30,710

($25,250 + $1,270 + $1,440 + $2,750 )

Therefore Jose cost basis for the delivery van was $30,710

7 0
3 years ago
There are several different traditional organizational designs. Some organizations are small enough that they can utilize a simp
Andrej [43]

In a functional structure organization the grouping is based on the Functional specialization of the individual. Product division is the division of an organization refers to the division based on the product .Like television department,Washing machine department,Fridge department.Geographic division refers to division based on the geographic location.Customer division refers to the commercial division

Explanation:

  1. <u>Functional Structure</u> :V.P., Human Resources: Mr. Allen is the top human resources executive.
  2. <u>Product Division: </u>V.P., Television Division: Mr. Hernandez oversees the television division.
  3. <u>Geographic Division :</u>V.P., European Market: Ms. Orlov is in charge of the company's European markets.
  4. <u> Customer Division :</u>V.P., Commercial Accounts: Ms. Nguyen is the head of commercial accounts.
  5. <u> Simple Structure :</u> Ms. Fineberg has low work specialization and few rules in her position.

In a functional structure organization the grouping is based on the Functional specialization of the individual.

Product division is the division of an organization refers to the division based on the product .Like television department,Washing machine department,Fridge department.

Geographic division refers to division based on the geographic location.

Customer division refers to the commercial division

7 0
3 years ago
Does Nike have any responsibility (of any kind) to the citizens of Indonesia or any country where they operate?
harkovskaia [24]

It should be noted that Nike has responsibilities to the people that are living in any country that they operate. Therefore, the statement is true.

It should be noted they the company's sustainability program and corporate social responsibility aligns with the core beliefs of the company.

Nike has responsibilities to the people that are living in any country that they operate. The company leverages the power of sport in order to promote its agenda about changing the world for the better. The company also engages in various programs that will improve the communities.

Learn more about responsibility on:

brainly.com/question/1236273

5 0
3 years ago
Suppose the price of apples falls from $30 to #20, and the number of apples sold increases from 70 to 80. What is (the absolute
TiliK225 [7]

Answer:

The correct answer is option d.

Explanation:

The price elasticity of demand for apples will be

= \frac{change\ in\ quantity\ demanded}{change\ in\ price}

= \frac{\frac{Q2-Q1}{Q1} }{\frac{P2-P1}{P1} }

= \frac{\frac{80-70}{70} }{\frac{20-30}{30} }

= \frac{\frac{10}{70} }{\frac{-10}{30} }

= -0.43

The elasticity of demand is less than 1, this indicates that the demand is inelastic.

4 0
3 years ago
Read 2 more answers
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