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mixer [17]
3 years ago
10

"the ___________ is the highest-ranking is manager, responsible for all ______ planning in the organization"

Business
1 answer:
stira [4]3 years ago
3 0
1.) CIO
2.) STRATEGIC 
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On June ​1, High Performance Cell Phones sold 19,000 of merchandise to Anthony Trucking Company on account. Anthony fell on hard
Naily [24]

Answer and Explanation:

The Journal entries are shown below:-

1. Anthony Trucking Dr, $19,000

           To Sales A/c $19,000

(Being the sales made is recorded)

2. Bank Dr, $5,000

           To Anthony Trucking $5,000

(Being cash received is recorded)

3. Wrote off A/c Dr, $14,000

              To Anthony Trucking $14,000

(Being Account receivable write off the balance  is recorded)

4. Bank Dr, $14,000

            To Wrote off $14,000

(Being cash received is recorded)

2. High Performance 's direct write-off approach would face drawbacks because it breaches the matching principle. The matching theory involves be matching the spending of uncollectible accounts with the relevant revenues. Here uncollectible amount is treated as a bad debt expense. The written off amount is treated as uncollectible amount by the customer

7 0
3 years ago
Poodle Corporation was organized on January 3, 2018. The firm was authorized to issue 98,000 shares of $5 par common stock. Duri
DiKsa [7]

Answer:

$383,900

Explanation:

Calculation for the total Paid-in capital at the end of 2018

Total Paid-in capital=(39,000 shares of common stock *$5.80per share)+(19,000 shares of common stock * $8.30 per share)

Total Paid-in capital=$226,200+$157,700

Total Paid-in capital=$383,900

Therefore the total Paid-in capital at the end of 2018 is $383,900

4 0
3 years ago
If the fixed costs for a product decrease and the variable costs (as a percentage of sales dollars) decrease, what will be the e
il63 [147K]

Answer:

Option (b) is correct.

Explanation:

Contribution margin ratio is the difference between the selling price of the product and the variable cost of the product.

Contribution margin ratio = Selling price - Variable cost

Now, if there is a decrease in the fixed costs and variable costs of the product then as a result contribution margin ratio increases because of the fall in variable cost.

Break even point = (Fixed expense ÷ Contribution margin ratio)

If there is an increase in the contribution margin ration and a reduction in the fixed expense then as a result break even point decreases.

Increased; Decreased

7 0
3 years ago
A firm may pay efficiency wages in an attempt to a. entice workers to work the night shift rather than the day shift. b. improve
BartSMP [9]

Answer:

the answer is: B) improve productivity by reducing turnover.

Explanation:

The efficiency weigh theory states that when employers increase their employees' wages above average market wages, they will earn higher profits due to:

  • An increase in labor productivity since the employees are very motivated to work in the company and employee turnover decreases.
  • The increase in labor productivity and the decrease in employee turnover will offset the increase in costs due to higher wages.
8 0
3 years ago
23 divided by 33<br><img src="https://tex.z-dn.net/?f=23%20%5Cdiv%20335" id="TexFormula1" title="23 \div 335" alt="23 \div 335"
xxMikexx [17]

23/33=0.6969697

23/335=0.06865672

4 0
3 years ago
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