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RUDIKE [14]
3 years ago
15

In which of the following situations is having a good credit score important

Business
1 answer:
Serjik [45]3 years ago
7 0
When it comes to financing something, like a home or a car.
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On November 30, 2020, a U.S. company purchased merchandise on credit from a Swiss supplier at an invoice price of CHF1,000, when
Ivanshal [37]

Answer:

The merchandise should be reported on the U.S. Company's December 31, 2020 balance sheet at:

b. $1,050

Explanation:

a) Data and Calculations:

November 30, 2020 Inventory purchase = CHF1,000

Exchange rate on this date = $1.05/CHF

Inventory worth = $1.05 * CHF1,000 = $1,050

b) The inventory should be reported on December 31, 2020 at $1,050.  It does not need to be reported at a value above or below this.  Even, the debt owed to the Swiss supplier will be reported at this price.  It is when payment for the invoice is being made on February 1, 2021 that consideration will be given to the exchange rate at which payment is made.

5 0
3 years ago
Curtab, a company that manufactures digital watches, implements marketing strategies to attempt to eliminate analog watches from
Gnesinka [82]

Answer:

A) Design competition

Explanation:

Digital watch manufacturers and manufacturers of analog watches  compete against each other because their products basically satisfy the same needs. Each one offers a very different product with its pros and cons, but even though their products are so different, they can be considered substitutes.

In the concept of innovation streams, Curtab is the innovator that is trying to create a sustainable competitive advantage because it works by designing an innovative product while its competitors rely on updating old designs.

4 0
3 years ago
Sandra is hired by a sparkling water manufacturer. Her primary function at the company is transforming resources into goods and
marshall27 [118]

Sandra is involved in production.

Production can be described as the process of transforming or converting resources into goods and services.

In any organization, the depart that is in charge of production is the production or operation department.

Therefore, Sandra is involved in production.

The reason is that the transformation of resources into goods and services is her key job role at the company.

Learn more here: brainly.com/question/1462114.

4 0
2 years ago
Which of the following would not be considered an analytical procedure? Projecting a deviation rate by comparing the results of
mylen [45]

Answer:

Projecting a deviation rate by comparing the results of a statistical sample with the actual population characteristics is the correct answer.

Explanation:

8 0
3 years ago
Zach Company owns 40% of the voting stock of Tomas Corporation and uses the equity method in recording this investment. Tomas Co
Anna71 [15]

Credit to the investment account for $8,000. The consolidated financial statements would therefore be necessary once one firm acquired 50% or more of the voting capital of another company. A parent-subsidiary relationship is created as a result of consolidation, with the parent business assuming ownership of the stock.

Investment account:

When you consider investing, a cash account is likely the type of Investment account that comes to mind. You fund a cash brokerage account by making a deposit, and you then utilise the money to purchase securities.

Cash and assets (stocks, bonds, ETFs, mutual funds, etc.) that you buy and sell to reach your financial objectives are kept in an investment account. Trading accounts for individual investors are managed by dealers and their representatives who are registered investment advisors.

There are four basic asset classes, or investment categories, from which you can select. Each has unique qualities, dangers, and advantages.

Learn more about Investment account here:

brainly.com/question/22094328

#SPJ4

7 0
2 years ago
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