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3 years ago

What are 2 examples of transactions that do not affect the business?

1 answer:

4 0

Answer:Answer is True. For example, a sale of goods for cash. Cash (an asset) is increased while inventory (an asset) is decreased. Note that the transaction affects two account on the same side because both of cash and inventory are assets but the net effect leaves the equation in balance

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A consulting firm has two departments, Corporate and Government. Computer support is common to both departments. The cost of com

coldgirl [10]

Answer:

Total cost for Corporate = $5,729,015

Total cost for Government = $6,720,985

Explanation:

The computation of Fixed and Variable of corporate and government is given below:-

Fixed cost allocated for Corporate = Fixed computer costs × Number of consultant of Corporate ÷ Total number of consultant

= $9,950,000 × 125 ÷ (125 + 175)

= $9,950,000 × 125 ÷ 300

= $4,145,833

Fixed cost allocated for Government = Fixed computer costs × Number of consultant of Government ÷ Total number of consultant

= $9,950,000 × 175 ÷ (125 + 175)

= $9,950,000 × 175 ÷ 300

= $5,804,167

Variable cost = Total cost - Fixed cost

= $12,450,000 - $9,950,000

= $2,500,000

Variable cost allocated for Corporate = Variable cost × Gigabytes of Storage for Corporate ÷ Total Number of Gigabytes of Storage

= $2,500,000 × 104,300 ÷ (104,300 + 60,400)

= $2,500,000 × 104,300 ÷ 164,700

= $1,583,182

Variable cost allocated for Government = Variable cost × Gigabytes of Storage for Government ÷ Total Number of Gigabytes of Storage

= $2,500,000 × 60,400 ÷ (104,300 + 60,400)

= $2,500,000 × 60,400 ÷ 164,700

= $916,818

Total cost for Corporate = $4,145,833 + $1,583,182

= $5,729,015

Total cost for Government = $5,804,167 + $916,818

= $6,720,985

8 0

3 years ago

Scenario 10 Suppose that in Country A, one worker per day can produce either 120 units of food or 50 units of capital goods; whi

aleksandrvk [35]

Answer:

1) country A has a comparative advantage in production of capital goods.

2) for country A 24 units of food can be traded for 10 units of capital goods,

for country B 30 units of food can be traded for 10 units of capital goods.

Explanation:

country A has a comparative advantage in production of capital goods because they have been able to produce more capital goods with the same amount of input (worker) than country B.

For country A, 120 units of food = 50 units of capital goods, therefore

10 units of capital good will be traded for (120 x 10)/50 = 24 units of food.

for country B 90 units of food is equivalent to 30 units of capital goods, therefore,

(90 x 10)/30 = 30 units of food

5 0

4 years ago

True or false the primary purpose of the cash budget is to plan accounts payable payments.

nordsb [41]

That is trueeeeeeeeeeeeeeeee

6 0

3 years ago

The accountant for Walter Company is preparing the company's statement of cash flows for the fiscal year just ended. The followi

lapo4ka [179]

Answer:

$25,400

Explanation:

Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.

The movement in the retained earnings balance may be expressed as

Opening balance + net income - cash dividend paid = closing retained earnings balance

Cash dividend declared - Cash dividend paid = Cash dividend payable

$49,000 - Cash dividend paid = $23,600

Cash dividend paid = $49,000 - $23,600

= $25,400

6 0

3 years ago

If, during the negotiations between the union and the management a strike occurs, it would be because a. The union is trying to

Usimov [2.4K]

Answer:

c. All of the above

That is the union is trying to convince the management that it will stick to its strategy, and

The management doesn’t believe the union’s threat.

Explanation:

Unions are formed to protect the interests of workers in an industry, various things unions negotiate with management about include wages, working conditions, benefits and so on.

During negotiation the union will try to compromise up to a point that has been peere agreed by the workers. The employer also have their own limits that they will not want to exceed.

When there is inability to settle and reach a common ground, then strike results.

Strikes occur because Union want to convey to management that it will stick to its strategy. On the other hand the management do not believe the union will carry out their strike action.

4 0

3 years ago