The most important stage of creating effective business messages is planning.

Jenny's Corporation manufactured 25,000 grooming kits for horses during March. The fixed-overhead cost-allocation rate is $20.00

elena-s [515]

Answer:

The flexible-budget amount is $120,000

Explanation:

The flexible-budget amount is the same lump sum as the static budget.

Therefore, The flexible-budget amount is $120,000.

5 0

2 years ago

QUESTION 5 of 10: Preparing a budget is:

zhenek [66]

Answer: A

Explanation:

It's an ongoing process

6 0

2 years ago

Recommendations for a successful pitch include all of these except:

Inga [223]

The answer is letter a, it is because when doing a successful pitch or in order to achieve one, a person is not even required to stand behind a podium as it does not necessarily need or refer to a specific place to stand on when delivering a pitch but it is more important to show the product or service to attract the consumers.

8 0

2 years ago

Cash dividends paid on capital stock would be reported in the statement of cash flows in a.the Cash flows from investing activit

Basile [38]

Answer: The answer is c.the Cash flows from financing activities section

Explanation: Cash flows from financing activities section of the statement of cash flows provides an insight on how the company is funded. It shows the net cash flows used in funding the company. Transactions that appear under that section comprise debt, equity and dividends.

Investors analyze this section of the cash flows to know how the capital structure of an organization is managed to further understand the financial strength of the organization.

3 0

3 years ago

Keesha Co. borrows $230,000 cash on December 1 of the current year by signing a 150-day, 12%, $230,000 note. 1. On what date doe

muminat

Answer:

See explanation section

Explanation:

Requirement 1

April 30 is the maturity date of the note.

December 31 + January 31 + February 28 + March 31 + April 30 = 150 days.

Therefore, the note will be matured in the April 30, next year.

Requirement 2 & 3

Current year Interest: December 1 - December 31 = 30 days interest = $230,000 × 12% × (30 ÷ 360) = $2,300.

Following year Interest: January 1 - April 30 = 120 days interest = $230,000 × 12% × (120 ÷ 360) = $9,200.

Total Interest = $11,500

Requirement 4

Journal Entries

(a) Dec. 1 Cash Debit $230,000

Notes payable Credit $230,000

To record the borrow a loan by issuing a 150-day, 12% note.

(b) Dec. 31 Interest Expense Debit $2,300

Interest payable Credit $2,300

To record the accrued interest expense on December 31 (Current year).

(c) April 30 Notes payable Debit $230,000

Interest payable Debit $2,300

Interest Expense Debit $9,200

Cash Credit $241,500

To record the payment of the note at maturity.

6 0

2 years ago