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Anna11 [10]
3 years ago
11

In businesses, ________ include the president and other top executives, such as the chief executive officer, chief financial off

icer, and chief operations officer, who have overall responsibility for an organization.
Business
1 answer:
CaHeK987 [17]3 years ago
8 0

Answer:

The correct answer is letter "B": Top Managers.

Explanation:

Top Managers are the executives of every firm responsible for the decision-making of the operations of the corporation. They are the head of each department in the corporate structure that includes the <em>Chief Executive Officer (CEO), Chief Operations Officer (COO), Chief Information Officer (CIO), and Chief Marketing Officer (CMO)</em> to mention a few. These are also referred to as "C-level positions".

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On December 1, 2021, the company received $9,000 in cash from another company that is renting office space in Falwell’s building
MrMuchimi

Answer:

From all indications,the two rents received have been posted wrongly, I want to believe that you are required to post the adjusting entries,hence my answer below:

The first $9000 was posted to deferred revenue,whereas only two months should have been

First rent:

DR Deferred revenue $3000

CR Revenue                 $3000

Second Rent

DR Revenue                  $6000

CR Deferred revenue    $6000

Explanation:

The first $9000 was posted to deferred revenue,whereas only two months should have been deferred and December rent recognized as rent.

As far as the second rent is concerned only one month has been earned,as a result the revenue should be credited with just $3000  for December.

This then mean that revenue from the second property has been overstated in December by $6000,this necessitated by adjustment above.

8 0
3 years ago
Ms. Aura is a psychic. The demand for her services is given by Q-2000 10P, where Q is the number of one-hour sessions per year a
PIT_PIT [208]

Answer:

a)

P 175

Q = 250

Profit6,250

b)

P 325

Q = 875

Profit 153,125

c)

Q = 1200

P = 260

Profit = 287,000

Explanation:

It maximize profit at MR = MC

MR = 200 - 0.2Q

MC = 150

150 = 200-0.2Q

Q = 50/0.2 = Q = 250

Price:

250 = 2000 - 10P

P = 1750/10 = 175

<u></u>

<u>Profit: revenue - cost</u>

$175 x 250 session - $150 per session = 6,250

<em>At new functions:</em>

150 = 500-0.4Q

Q = 350 / 0.4 = 875

Price:

875 = 2,500 - 5P

P = (2500-875)/5= 325

<u>Profit</u>

(325 - 150) * 875 = 153,125

<u>If cost changes:</u>

cost: 1000 + 20Q

marginal cost: 20

20 = 500 - 0.4Q

Q = 480 / 0.4 = 1,200

Price:

1,200 = 2500 - 5P

P = 1300/5 = 260

<u>Profit</u>

(260 - 20)Q - 1,000 = 287,000

7 0
3 years ago
US GAAP and IFRS differ on treatment of impairment of tangible assets as follows:
erik [133]

Answer:

A. IFRS, tangible assets are tested only when factors suggest impairment.

Explanation:

The tested of the tangible assets would be based on some kind of changes that are change in the market value, chnage in the technology, rise or reduction in the rate of interest in the market etc

In addition to this, the intangible assets such as goodwill would be testes on annually basis

Therefore the first option is correct

7 0
3 years ago
Which of the following companies is most likely to have a negative Cash Conversion Cycle?
Veseljchak [2.6K]

Answer:

a) A discount retailer

Explanation:

The formula to determine the cash conversion cycle is shown below:

Cash Conversion Cycle = days inventory outstanding + days sales outstanding - days payables outstanding.

So as per the given situation, the first option i.e. discount retailer should have the negative cash conversion cycle as in other options it created the positive impact

So the option a is correct

3 0
2 years ago
Source: Tommy Stubbington and Ben​ Edwards, open double quoteU.K. to Repay First World War ​Bonds,close double quote Wall Street
xxMikexx [17]

Answer:

Follows are the solution to this question:

Explanation:

Its console shall be coordinated effort mutual funds which do not grow at all, and in every year they create a corrected degree of interest, that's why Its bond paying a fixed rate of the coupon but not maturing.

\text{Consolation price} =\frac{\text{Set amount of coupon}}{\text{Return Rate}}

                            = \frac{35}{2.5\%} \\\\ = \frac{35\times 100}{2.5} \\\\   = \frac{35\times 1000}{25} \\\\  = \frac{7\times 1000}{5} \\\\  = 7\times 200 \\\\= 1400

It's the price that the government needs to offer shareholders.

5 0
3 years ago
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