Based on the cost of the management service, Plum Company on July 1 should record A debit to a prepaid expense and a credit to cash for $7,500.
<h3>What should Plum record?</h3>
The entire amount of $7,500 is being paid for a service that has not yet happened so they will go to the Prepaid expense account. As this is an expense, it is debited when it is increased.
Cash should then be credited by the same amount to show that it is reducing.
Find out more on prepaid expenses at brainly.com/question/14806222.
Because walmart has an efficient inventory replenishing system, they are able to reduce overhead costs.
Dependency Theory argues that the political and economic relationships between countries and regions of the world control and limit the economic development possibilities of poorer areas.
Dependency theory is the theory that argues that political and economic relationships between countries and regions of the world govern and limit opportunities for economic development in poorer regions.
Among the many injustices living in these moments regarding the huge difference between the world's richest and the world's poorest countries, the theory of dependence is an example of the inequalities that exist on the planet.
This theory suggests that there are underdeveloped countries that are exploited by the developed and the rich. how do you do that? By utilizing the many raw materials and natural resources of this poor country.
This is a problem where poor countries have sufficient resources but lack the funds to invest in the infrastructure to have an industry that converts these raw materials into commodities.
Learn more about Dependency Theory here: brainly.com/question/21478525
#SPJ4
Answer:
C) breaks even.
Explanation:
Cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
Hence, if revenues are greater than total variable costs of production but less than total costs, a firm breaks even because the amount of money being generated is greater than the cost of running the business.