Answer:
A fidelity bond
Explanation:
Fidelity bond or coverage is the kind of insurance which protects the company or its business owner from the theft, fraud by an employee of the company.
This bond will provide guarantee that if the business owner or company suffers any loss because of employee dishonesty, the chosen insurer will share the loss within the limitations stated in the contract.
Most people wanted to build there credit up that’s why they use credit cards
Answer:
See explanation
Explanation:
Since X-Mart company uses perpetual inventory system, the inventory system shows the real-time selling of inventories. Purchasing merchandise on account means no cash has been paid and a liability is existed. To record the transaction, the following journal entry will require in the book of X-Mart-
Debit Merchandise Inventory $300
Credit Accounts payable $300
Answer:
$24,220
Explanation:
After tax cashflow formula as follows;
AT cashflow = Income before taxes(1- tax) + annual depreciation amount
Depreciation amount is added back because even though it is an expense deducted to arrive at the income before tax, it is not an actual cash outflow.
Annual depreciation amount = $200,000/ 20 = $10,000
AT cashflow = 18,000*(1-0.21) + 10,000
= 14,220 + 10,000
= 24,220
Therefore, Mariposa’s expected cash flow after taxes per year is $24,220
Answer:
(A) I, II, and IV only
Explanation:
The Material Requirements Planning MRP is used to calculate tha materials needed for production. It may be done by software but it can be done without any technological tool.
The most important information for MRP is about the available inventory for future production, in this way the company will know what materials are needed for future production. To provide the materials on time it is necessary to know the master schedules of production, making sure that the supplies will be ready on time for manufacturing process. Finally, the accurate Bills of materials are used as a check list to verify that there is not any pending component for the production process. Even when the MRP may include costs, it is not a vital component for the system and some companies can have MRP without including costs.
