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3 years ago

Greg, who is from florida and a geologist for exxonmobil, decided to transfer to an office in saudi arabia. greg is a(n) ____.

1 answer:

7 0

The best term to the situation where Greg is in is that he is an expatriate. It is a term called to a person who resides or is living outside his country. This explains the situation where Greg is in Saudi Arabia when he originally from Florida. This is also a term that describes to a person who is living abroad.

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If a check correctly written and paid by the bank for $649 is incorrectly recorded on the company's books for $694, the appropri

iris [78.8K]

Answer: Add $45 to the book balance

Explanation:

This is a case of bank reconciliation. Bank reconciliation occurs when the account of the bank and the company or Business are compared in order to check the differences which are then reconciled.

In this case, since the check written and paid by the bank is $649 while in the company's book, it's written as $694, then a book balance of $45 is added which is the difference between $694 and $649

3 0

3 years ago

Which of the following would be an example of a fixed cost on a farm?a. mortgage on the landb. costs of seedc. fuel to operate m

klio [65]

Answer:

The right answer is a. i.e mortgage on the land.

Explanation:

Fixed cost : The fixed cost is that cost which is remain same while production level increase or not. The cost is fixed that means it is not depend upon the production level capacity.

The example for fixed cost is depreciation, insurance, rent, salaries, etc.

Now we can easily defined the fixed cost in each case whether it is fixed cost or not.

a. Mortgage on the land : The mortgage is remain fixed and charged same for the number of years the loan is taken. That means the interest rate, principal amount, monthly payment is fixed.

b. Costs of seed : It is not fixed cost as it the chances of change in seed cost is very high which can be come under variable cost.

c. Fuel to operate machinery : The fuel is direct related to the production level. As production level is increased the consumption of fuel is increased so it would term as variable cost. Hence, it is not fixed cost.

d. Charge for fertilizer for the growing season : The charges is not fixed due to market conditions. It means that in boom period the company charges high price so here the price is not certain.

Hence it would be treated as variable expenses.

Thus, it is not a fixed cost.

Hence, by above explanations the right answer is a. i.e mortgage on the land.

6 0

3 years ago

The income statement of Cullumber Co. for the month of July shows net income of $2,200 based on Service Revenue $6,100, Salaries

saw5 [17]

Answer:

Revenue $6,800

Expenses:

Salaries and Wages Expense ($2,700)
Supplies Expense ($1,050)
Depreciation expense ($250)
Insurance expense ($600)
Utilities Expense ($400) <u>($5,000)</u>

Net income $1,800

1) you must add insurance expense

2) you must decrease supplies expense = $1,200 - $150 = $1,050

3) you must add depreciation expense

4) you must increase salaries and wages expense = $2,300 + $400 = $2,700

5) you must increase revenue = $6,100 + $700 = $6,800

3 0

3 years ago

Molly and jason were married. their only "dependent" was spot, their black standard poodle. jason died in 2011. assuming she doe

STALIN [3.7K]

I believe The only legal filing status for Molly will be a qualifying widow.
Hope this helps !

3 0

3 years ago

Which questions about risk should somone ask before making economic choices

dezoksy [38]

The questions about risk that should someone ask before making economic choices are :
- What problem are most likely to happen ?
- What could go wrong ?
- What problem that could be most damaging ?

Hope this helps

6 0

3 years ago