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Sauron [17]
3 years ago
7

With a(n) _______ financial statement, the accountant has put the information into the required format and performed a limited r

eview of the information provided by managemen
Business
1 answer:
zheka24 [161]3 years ago
6 0
I’m not rlly sure what this answe is
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Chicago Company has a subsidiary in Germany where it generates large profits. The subsidiary remits most of its earnings to the
matrenka [14]

Answer:instructing the German subsidiary to borrow euros from a bank in Germany

Explanation:A company may organize subsidiaries to keep its brand identities separate. This allows each brand to maintain its established goodwill with customers and vendor relationships. Subsidiaries can also help you position part of your business as an alternative to the parent company at a different price point.

The Chicago Company will instruct the German subsidiary to lend Euro from bank in Germany.

6 0
3 years ago
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One of the disadvantages that commonly plague advertisers on contemporary cable television is audience fragmentation. its high a
Nikolay [14]
Long lead time (the answer)(you’re welcome)
4 0
2 years ago
Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land six years ago for $8
Alisiya [41]

Answer:

$35,010,000

Explanation:

Calculation for the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project

Cash flow = $11.4 million + $22.6 million + $1,010,000

Cash flow = $35,010,000

Therefore the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project is $35,010,000

4 0
3 years ago
Someone in an organization recognizes a need. What should be the next step
Oxana [17]

Answer:D.

Someone is given responsibility for deciding how to meet the need.

Explanation:

8 0
3 years ago
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Fragmental Co. leased a portion of its store to another company for eight months beginning on October 1, at a monthly rate of $8
Georgia [21]

Answer:

A debit to Unearned Rent and a credit to Rent Earned for $2,400

Explanation:

When cash is collected in advance for revenue from lease, the revenue will not be recorded as revenue until the lease service has been performed. Hence the cash collected in advance will be recorded as

Debit Cash  $6,400

Credit Deferred revenue  $6,400

Being cash collected on October 1 for lease to run for 8 months.

Between October 1 and December 31 is 3 months.

Hence, amount earned

= $800 × 3

= $2,400

To recognize this amount, Debit Unearned/Deferred revenue, credit revenue with the amount earned.

4 0
3 years ago
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