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3 years ago

I'm selling candy and need tips.

Business

1 answer:

krok68 [10]3 years ago

4 0

I would love to help you! I will talk to you in a PM. Talk to you then : )

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Vivian worked as a manager at her company. She was asked to order a few cars that would be used by company employees. Which best

Margarita [4]

To ensure that her company is being socially responsible, Vivian should ensure that the cars are environmentally friendly. Being socially responsible means you do what is best for planet, people, and profits. In this case, taking care of the planet means choosing the car that is the most environmentally friendly.

8 0

2 years ago

Foghorn Company entered into a sales transaction in which it agreed to receive common stock from Leghorn Corporation as payment

Sedbober [7]

Answer:

The journal entry should be:

Dr Investment in Leghorn Corporation XX

Cr Accounts receivable XX

Explanation:

Foghorn Company must record the noncash payment as an asset which should be equal to the amount of money that it generally would have collected from the services provided. Since the payment is done through stocks, it must record that collection as an investing account.

Since transferring stocks usually takes a couple of days at least, the original journal entry should have recorded a debit to accounts receivable and a credit to service revenue.

8 0

3 years ago

Widden Company, which sells electric razors, had $320,000 of cost of goods sold during the month of June. The company projects a

butalik [34]

Answer:

Part A. The amount of purchases budgeted for July is calculated below:

Amount of purchases = Cost of goods sold + Closing inventory - Opening inventory

Amount of purchases = ($320,000 x 1.09) + $34,000 - $33,000

Amount of purchases = $348,800 + $34,000 — $33,000

Amount of purchases = $349,800

Therefore, the amount of purchases budgeted for July is $349,800.

Part B. The amount of cash payments budgeted for inventory purchases in July is calculated below:

Amount of cash paid in July = Opening accounts receivable + 75% of purchases in July

Amount of cash paid in July = $37,000 + ($349,800 × 0.75)

Amount of cash paid in July = $37,000 + $262,350

Amount of cash paid in July = $299,350

Therefore, the amount of cash paid in July is $299,350.

8 0

2 years ago

How can I find a good job???

Semmy [17]

Life guarding is a really good first job for high school students. Start applying to local pools or water parks, whatever you have in your area. I live in vegas and hotels are always looking for lifeguards around this time

3 0

2 years ago

Read 2 more answers

g A monopoly is a market that has Group of answer choices Only one buyer. Only one seller. Many sellers who sell differentiated

Dahasolnce [82]

Answer:

Only one seller.

Explanation:

A monopoly is a market structure which is typically characterized by a single-seller (one seller) who sells a unique product in the market by dominance. This ultimately implies that, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes.

Also, a monopolist refers to any individual that deals with the sales of unique products in a monopolistic market.

For example, a public power supply company is an example of a monopoly because it serve as the only source of power supply to the general public in a society.

A public power company refers to a company that provides power (electricity) utility to the general public of a society.

In conclusion, a monopoly is a market that has only one seller.

5 0

2 years ago