Answer:
Cost Volume Profit Analydis
Explanation:
Cost Volume Profit Analysis is also known as Break-Even Analysis. This is the application of marginal costing and seeks to study the relationship between costs volume and profits at different levels and can be used as a useful guide for short term planning and decision making. Cost Volume Profit Analysis is a technique that examines changes in profits in response to changes in sales volume, costs and prices.
Answer: c. The project contains simple activity sequences
Explanation:
Gantt chart is a firm of bar chart that depicts a project schedule as it helps in the scheduling of a particular project.
Gantt chart is a graphical tool that helps in showing the activities that are performed against time to the project team or project manager. Gantt charts are effective for project scheduling if such project contains simple activity sequences.
Answer: c. Pug Tech will protect its intellectual property with patents and trade secrets.
Explanation:
A closed innovation model means that the company develops the product internally instead of through collaboration with external sources.
Pug Tech will therefore produce new products internally. As a result, they will be able to protect these products from being copied by others through patents and trade secrets because the law will recognize that they have exclusive rights to the new technology seeing as they came up with it.
Answer:
Record the cash collection on September 9
Bank $6,100 (debit)
Bad Debt $6,100 (credit)
Explanation:
<em>When Barnes writes off a customer account on May 7</em>
Bad Debts $6,100 (debit)
Account Receivable $6,100 (credit)
<em>When the customer unexpectedly pays the $6,100 balance on September 9</em>
Bank $6,100 (debit)
Bad Debt $6,100 (credit)
Recognise the Assets of Cash Flowing in the entity and De-recognise the Bad Debts expense account.
Answer: $8,392.56
The total amount Irini owed Olena is $8,392.56
Explanation:
By using compound interest to solve the question
A=p (1+ r/n) *nt (raised to power nt)
A= future amount to be returned (unknown)
P= principal (present value) =$8,000
r = 4.8% = 0.048
t = 1year
n = 12 payments in a year ( the rate compounded monthly)
A= 8000 {1 + (0.048/12)} * 12
A = 8000 ( 1+0.004) *12
A = 8000 (1.004) *12
A = $8,392.56 as the amount to owed.
Nt: * 12 means raised to the power of 12.