How do you free market and planned economies differ in the allocation of factors of production

Darrell is in charge of facilities management at his company. He believes in helping the environment and knows the company can s

coldgirl [10]

The writing up of a plan with an explanation of why his idea is beneficial to the company is known as a business proposal.

<h3>What is a business proposal?</h3>

A business proposal simply means a document that's used by businesses to persuade someone about a product.

In this case, the board want him to write up a plan with an explanation of why his idea is beneficial to the company, a budget, and how he will use employees' time.

This is known as a business proposal.

Learn more about <em>business proposal</em> on:

brainly.com/question/25311149

4 0

3 years ago

The smaller the required reserve ratio the larger the simple deposit multiplier. Do you agree or disagree with this statement. E

TiliK225 [7]

Answer:

Agree

Explanation:

A deposit multiplier is maximum amount of money that can be created for each unit of reserve. It is key requirement for maintaining economy's basic money supply. The simple deposit multiplier is 1 / rr * change in R. Deposit multiplier is the inverse of reserve ratio. The higher the reserve ratio the lesser will be the deposit multiplier. Reserve ratio is the minimum amount of money that must be kept in the deposit.

8 0

3 years ago

On January 1, 2017, Sheridan Company had Accounts Receivable of $57,400 and Allowance for Doubtful Accounts of $3,400. Sheridan

nekit [7.7K]

Answer:

Following are the generalized transactions, and only general entries are recorded

Explanation

1. On jan, 5 sold merchandise to Rian company for $4500

Accounts Receivable are debited by 4,500

Sales are credited by 4,500

2. Feb. 2 accepted a $4,500, 4-month, 10% promissory note from Rian Company for the balance due.

Notes Receivable are debited by 4,500

Accounts Receivable are credited by 4,500

3. 12 sold $10,000 of merchandise to Cato Company and accepted Cato's $10,000, 2-month, 9% note for the balance due.

Notes Receivable are debited by 10,000

Sales are credited by 10,000

4. 26 Sold $11,900 of merchandise to Malcolm Co., terms n/10.

Accounts Receivable are debited by 11,900

Sales are credited by 11,900

5. Apr. 5 accepted an $11,900, 3-month, 8% notes from Malcolm Co. for balance due.

Notes Receivable are debited by 11,900

Accounts Receivable are credited by 11,900

6. 12 collected Cato Company note in full.

Cash is debited by 10,150

Interest Income is credited by 150

Notes Receivable are credited by 10,000

7. June 2 collected Rian Company note in full.

Cash is debited by 4,650

Interest Income is credited by 150

Notes Receivable is credited by 4,500

8. 15 sold $2,000 of merchandise to Gerri Inc. and accepted a $2,000, 6-month, 11% notes for the amount due.

Notes Receivable is debited by 2,000

Sales are credited by 2,000

Note: Aforementioned entries are also shown in T-account format in the attached word file.

Download docx

7 0

3 years ago

Candy and Sarah own and operate a small restaurant. On a weekly basis, they go to their local Sam's Wholesale Club to purchase t

Natalka [10]

Answer:

The correct answer is Cash and Carry.

Explanation:

Cash and carry ("Buy (take) and take (it)") is considered a commercial formula similar to an economato, evolved from traditional wholesale, with the particularity of addressing only and exclusively professionals (independent retailers and hoteliers) and operate on a free service basis. The retailer travels to the location of the wholesaler, chooses the items he needs, pays them and transports them, in front of the conventional procedure of placing the order to the wholesaler, so that he can transport it and serve it in the establishment of the retailer.

The concept of "Cash and Carry, wholesale self-service", is a commercial formula adapted to the needs of certain retailers, restaurants, cafes, hotels and other service providers, such as some institutions (HoReCa Sector, Hotels-Restaurants-Caterers). It is basically designed for professionals in the HoReCa sector, but it also accepts clients that are large consumers, such as institutions or educational centers.

In summary:

It is a wholesaler; that is, it never sells to an end consumer. To access a Cash and carry establishment, you must have a card or identification that proves the status of a retailer.

It has a commercial policy based on price and continuous offers.

Know your customers, their consumption and needs well.

4 0

3 years ago

On January 1, 2020, Headland Company issued 10-year, $1,840,000 face value, 6% bonds, at par. Each $1,000 bond is convertible in

Anna11 [10]

Answer:

a. $3.64

b. $3.56

Explanation:

Basic Earning per Share = Earnings Attributable to Holders of Common Stocks / Weighted Average Number of Common Shares

Earnings Attributable to Holders of Common Stocks Calculation :

Net income $473,800

Less Interest on bonds after tax ($1,840,000×6%×80%) ($88,320)

Earnings Attributable to Holders of Common Stocks $385,480

Weighted Average Number of Common Shares Calculation:

Common Shares 103,000

Weighted Average Number of Common Shares 103,000

Basic Earning per Share = $385,480/103,000

= $3.74

Diluted Earning per Share = Adjusted Earnings Attributable to Holders of Common Stocks / Adjusted Weighted Average Number of Common Shares

Adjusted Earnings Attributable to Holders of Common Stocks Calculation:

Earnings Attributable to Holders of Common Stocks $385,480

Add Back Interest on bonds after tax ($1,840,000×6%×80%) $88,320

Earnings Attributable to Holders of Common Stocks $473,800

Adjusted Weighted Average Number of Common Shares Calculation:

Weighted Average Number of Common Shares 103,000

Add Convertible Bonds (1840,000/1000×16) 26,440

Adjusted Weighted Average Number of Common Shares 129,880

Diluted Earning per Share = $473,800/ 129,880

= $3.64

6 0

4 years ago