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Alexxx [7]
3 years ago
13

1. During pre-planning, the Activities Committee establishes the following project goal: "Optimus XT will promote and organize a

clothing drive no later than May 31." Is this a SMART goal? Why or why not? (2 points)
Business
2 answers:
tamaranim1 [39]3 years ago
7 0
Yes because it is organized and promote
loris [4]3 years ago
3 0
Yes because it organized
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Which of the following entries would be recorded by a company that uses the cash basis method of​ accounting? A. Salaries Expens
liubo4ka [24]

Answer:

B is the correct option, because it indicates that rent expense was only recognized in the books of account when paid for in cash.

Explanation:

Cash basis of accounting simply implies that an organization that adopts it recognizes income when received and expense when paid for in cash.

The above is different from accrual basis,where income is recognized when earned(when obligation is discharged by the seller) and expense when incurred(when the goods involved or services have been received)

All other options except B have something to do with payment on account,hence they are wrong.

6 0
3 years ago
Can somebody help me find a pattern in these numbers?
Papessa [141]
1 and 5 would be the numbers
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2 years ago
Clean Tel, Inc. is considering investing in an 11-year project with annual cash inflows of $1,000,000. These cash inflows have a
cupoosta [38]

Answer:

d. 8%

Explanation:

The computation of the discount rate is shown below:

Initial investment = Present value of cash inflows

where,

Initial investment is $7,139,000

And, the present value of cash inflows

= Annual cash inflows × discount rate

We assume the discount rate be X

$7,139,000 = $1,000,000 × X

So,

X = 7139000 ÷ 1000000 = 7.139

= 8%

We simply applied the above formula in order to find out the discount rate

8 0
3 years ago
Walmart has exceptional logistics, but in 2014, Walmart was criticized for unusual shortages. Customers complained, saying they
iVinArrow [24]

Answer:

It is Control the inventory process (B)

Explanation:

Control the inventory process : Unusual shortage of products on Walmart shelves is an evidence of poor inventory control system.

The deficiencies in the system must be identified and then appropriate corrective control system to address them must be put in place.

A system that prevent stock-out on the shelves must be adopted and its compliance must be enforced.

5 0
3 years ago
Kingston anticipates total sales for June and July of $370,000 and $318,000, respectively. Cash sales are normally 60% of total
Alex17521 [72]

Answer:

$117,600

Explanation:

Given that the company  has Cash sales that are normally 60% of total sales and Of the credit sales, 25% are collected in the same month as the sale, 60% are collected during the first month after the sale, and the remaining 15% are collected in the second month after the sale

In June, total sales $370,000

Amount that would not have been collected from this sale at the end of July

= 40% * 15% * $370,000

= $22,200

In July, total sales is $318,000,

Amount that would not have been collected from this sale at the end of July

= 40% *75% *  $318,000

= $95,400

Hence the amount of accounts receivable reported on the company’s budgeted balance sheet as of July 31

= $22,200 + $95,400

= $117,600

8 0
3 years ago
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