Answer:
I currently work for a company that provides services to other businesses (B2B), and we work on a yearly contract base. Since it's a B2B we don't have a lot of customers, they are only 11, but each customer is very important to us.
The sales process and contracts for the next year are usually finished by November and at that time we must prepare a cost budget. The main problem we are currently facing is that we use some imported goods and since many tariffs have been increasing, there is a lot of uncertainty about future prices.
When you import goods and use the FOB destination, the seller is responsible for delivering the goods up to a port of entry, but we are responsible for the paperwork and applicable tariffs. Since tariffs increase during a few months and then decrease, and then increase again depending on the president's mood, our budget has a large percentage of "just in case".
Besides that problem with imports, our company also signs yearly contracts with most of the employees depending on the number of contracts and workers needed. We are very good at estimating overhead expenses, since experience is a great teacher in our specific case.
If we didn't have the problem with uncontrollable external factors (tariffs), prior jobs help us to determine budgets that are usually quite exact, our variance (either + or -) is usually less than 3%.
Answer:
b. $2,536,000
Explanation:
The computation of the net cash flows from financing activities is presented below:
Cash flows from financing activities
Cash payment on dividend declared -$186,000
Sale value of treasury stock $300,000
Cash paid to retire of long term bond -$2,650,000
Net cash flows used by financing activities -$2,536,000
The cash outflow is in negative sign whereas the cash inflow is in positive sign
If an applicant is experienced, has a solid work history, and is staying within her field, the most effective format for her resume would likely be "chronological".
The chronological resume is the most used out there, it’s the employer’s favorite as it is very easy to read and it’s hard to hide anything in it.
The functional format should be used when you want to draw attention away from your work experience due to job hopping, a very long career, a very short career, long gaps, re-entering the job market and so forth.
Answer:
Type II workplace violence involves assault by someone who is either a recipient or object of a service provided by the victim or the workplace.
Frequent victims of public order offenses are police or correctional personnel, bus, taxi, or railway drivers, health care providers.
Explanation:
Typ II workplace violence is an act of aggression performed to both the recipients of the services or the service provider. They involve both fatal and no fatal injuries. Now, Public order offenses are a special type of aggressive acts to public service providers, in most of the cases police, correctional personnel, drivers, and health care providers. Only in situations in which they are the object of aggression.
Answer: D. debit Supplies Expense $4,200; credit Supplies $4,200
Explanation:
Based on the information given in the question, the adjusting entry needed at the end of the period will be to debit Supplies Expense $4,200 and credit Supplies $4,200.
The supplies expenses of $4200 was gotten as:
= $6000 - $1200
= $4800
Therefore, the correct option is D.
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