Which part of the passage hints at Helen's efforts of ensuring visibility on social media sites?

The following items appear on the balance sheet of a company with a two-month operating cycle. Identify the proper classificatio

julsineya [31]

Answer:

Notes payable(due in 13 to 24 months)-L

Notes payable (due in 6 to 12 months)-C

Notes payable (mature in five years)-L

Current portion of long-term debt-C

Notes payable(due in 120 days) -C

FUTA taxes payable -C

Accounts receivable-N

Sales taxes payable-C

Salaries payable-C

Wages payable-C

Explanation:

A liability is a current one if it is due between today and the next one year(12 months),however any liability whose payment date is beyond one year is classified as long-term liability.

7 0

3 years ago

Ancho Corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel-based cars. The company real

trasher [3.6K]

Answer:

A) leveraging new core competencies to improve current market position.

Explanation:

As is given in the scenario, the people that the company Ancho is trying to get are potential customers rather than existing, hence they cannot be said to be building new core competencies to protect and extend current market position. That would have been the case if they were trying to keep those that were already customers to the company.

Ancho cannot also be said to be redeploying existing core competencies to compete in future markets because they are actually acquiring new competencies in electric car manufacturing which was not their original line of business.

There is also no case of unlearning existing core competencies because Anchor has deployed existing competencies in developing a hybrid car rather than just an electric one.

Hence Anchor is trying to get new customers while keeping the old ones and has made a car that will appeal to both existing and potential customers to improve current market position.

8 0

3 years ago

On January 1, 2021, NRC Credit Corporation leased equipment to Brand Services under a finance/sales-type lease designed to earn

xeze [42]

Answer:

1. Jan. 1, 2021

Dr Right-of-use Asset $417,665

Cr Lease Liability $417,665

Jan. 1, 2021

Dr Lease Liability 61,000

Cr Cash 61,000

Dec. 31, 2021

Dr Lease Liability $25,870

Dr Interest Expense 35, 130

Cr Cash 61,000

Dec. 31, 2021

Dr Amortization Expense $41,230

Cr Right-of-use Asset $41,230

2. Jan. 1, 2021

Dr Lease Receivable $610,000

Cr Sales Revenue $610,000

Jan. 1, 2021

Dr Cash $61,000

Cr Lease Receivable $61,000

Dec. 31, 2021

Dr Cash $61,000

Cr Lease Receivable $61,000

Explanation:

1. Preparation of the appropriate entries for the lessee related to the lease on January 1, 2021 and December 31, 2021.

Jan. 1, 2021

Dr Right-of-use Asset $417,665

Cr Lease Liability $417,665

(To record lease)

Jan. 1, 2021

Dr Lease Liability 61,000

Cr Cash 61,000

(To record lease payment)

Dec. 31, 2021

Dr Lease Liability $25,870

($61,000-35,130)

Dr Interest Expense 35, 130

Cr Cash 61,000

(To record lease payment)

Dec. 31, 2021

Dr Amortization Expense $41,230 (412,300/10)

Cr Right-of-use Asset $41,230

(To record amortization)

2. Preparation of the appropriate entries for the lessor related to the lease on January 1, 2021 and December 31, 2021.

Jan. 1, 2021

Dr Lease Receivable $610,000

Cr Sales Revenue $610,000

($61,000*10)

(To record lease payment)

Jan. 1, 2021

Dr Cash $61,000

Cr Lease Receivable $61,000

(To record cash received)

Dec. 31, 2021

Dr Cash $61,000

Cr Lease Receivable $61,000

(To record cash received)

3 0

3 years ago

Tom is responsible for a group of manufacturing assembly workers who report to him. tom is a __________ manager.

jok3333 [9.3K]

Tom is a First line manager. First line managers are managers who are supervising the people who are in the manufacturing field, example of first line managers are foreman and shift heads. Their role is directly coordinate to the workers by assigning tasks, checking the quality of employees’ works, and giving heads up information to executive managers of the success and problems that arise in the company.

3 0

3 years ago

With the introduction of robotics to automotive manufacturing, there have been sweeping changes to the automotive assembly line,

9966 [12]

Answer:

An assembly line worker with 10 years of screwing together truck panels and a high school diploma

Explanation:

The assembly worker is involved in manual work and he is most likely to lose his job due to automation. Also, since he is just a high school diploma holder, he lacks better skills to switch to higher level jobs.

3 0

3 years ago

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