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3 years ago

Total value systems work best if

Business

1 answer:

ICE Princess25 [194]3 years ago

6 0

Answer:

The correct answer is B)

Explanation:

A Total Value System works best if all components of the system are leveraged strategically.

A Total Value System is the sum of business and or corporate entities and the value-adding operations which are involved in the creation of the final product and or service to a consumer.

To strategically leverage the total value system means to ensure that each firms activity:

Support the key operations of one another
and that each activity plugs the weaknesses of the other

The efficiency of a properly leveraged network of value systems is reflected in the time taken and cost of value each activity.

Cheers!

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On November 1, Bahama National Bank lends $3.7 million and accepts a six-month, 9% note receivable. Interest is due at maturity.

Charra [1.4K]

Answer:

11/01

Dr Cash $3.7 million

Cr Notes Payable $3.7 million

12/31

Dr Interest expense $55,500

Cr Interest payable $55,500

Explanation:

Preparation of the journal entries to Record the issuance of the note and the appropriate adjustment for interest expense at December 31, the end of the reporting period.

11/01

Dr Cash $3.7 million

Cr Notes Payable $3.7 million

(To record issuance of the note)

12/31

Dr Interest expense $55,500

Cr Interest payable $55,500

(To record adjustment for interest expense)

Interest Expense = Face Amount x Interest Rate x Time Period

Interest Expense= $3.7 million x .09x 2/12 Interest Expense=$55,500

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4 years ago

Gamma Corp. is planning to bring in new internal standards for all the products it manufactures. The new standards will ensure b

Helen [10]

A Force-field analysis is illustrated in this scenario that seeks to minimize factors that hinder change by motivating its employees through a reward system.

<h3>What is a Force-field analysis?</h3>

A force-field analysis refers to an analysis that helps to distinguish between a situation that drive a person towards or away from a desired state or which oppose the driving forces.

Hence, the Force-field analysis is illustrated in this scenario that seeks to minimize factors that hinder change by motivating its employees through a reward system.

Therefore, the Option A is correct.

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3 years ago

At each calendar year-end, Mazie Supply Co. uses the percent of accounts receivable method to estimate bad debts. On December 31

finlep [7]

Answer:

Mazie Supply Co.

Adjusting entries under the assumptions that the allowance for doubtful accounts has:

a) A $415 credit balance before the adjustment:

Debit Bad Debts Expense $685

Credit Allowance for Doubtful Accounts $685

To record the bad debts expense for the year.

b) A $291 debit balance before the adjustment:

Debit Bad Debts Expense $1,391

Credit Allowance for Doubtful Accounts $1,391

To record bad debts expense and bring the allowance for doubtful accounts to a balance of $1,100.

Explanation:

a) Accounts Receivable outstanding = $55,000

Uncollectible estimate of 2% = $1,100

b) With a credit balance of $415, the balance will be brought to $1,100 with an adjusting amount of $685 ($1,100 - $415).,

c) With a debit balance of $291, the balance will be brought to $1,100 with an adjusting amount of $1,391 ($1,100 + 291).

d) When the allowance for doubtful accounts has a credit balance, the bad debts expense is calculated as the difference between the new balance and the old credit balance. But, if the allowance for doubtful accounts has a debit balance, the bad debts expense would be the addition of the estimated allowance and the debit balance. These actions will respectively bring the balance of the allowance for doubtful accounts to the new estimated balance.

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4 years ago

Jason keeps a record of his transactions in a notebook. Looking over his records for the past two weeks, Jason finds that his ba

DanielleElmas [232]

The explanation to the discrepancy arising in Jason's accounts and his bank statement is "Jason transposed the digits on the microwave’s price, which actually cost $86. 74." This can be calculated by reconciling the balance of accounts and bank passbook.

<h3>What is reconciliation statement?</h3>

Reconciliation statement refers to a statement that is prepared to match the accounting balance with the balances in bank passbook. The differences arising due due omission, commission, duplication, or error of principal are given proper effect in the reconciliation to match account with the bank balances.

The answer to the given question can be justified as follows:

Given:

Ending balance as per accounts is $491.33.

Ending balance as per bank statement $473.33

Difference in ending balance is $\%491.33 - \$473.33 = \$18$

The only statement that justifies the difference of $18 is that the digits of microwave has been transposed from $86.74 to $68.74.

The difference so arising from this error is $86.74 - $68.74 i.e. $18

Hence the correct statement is D

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3 years ago

XCEL Corporation paid a dividend yesterday for $1.50. They expect to pay dividends annually at a constant 6 percent annual growt

serious [3.7K]

Answer:

$26.50

Explanation:

The computation of the current value of the common stock is shown below:

Current price is

= Current year dividend ÷ (Required rate of return - Growth rate)

where

Current year dividend is $1.59

The Required rate of return is 12%

ANd, the growth rate is 6%

Now place these values to the above formula

So, the current price of the common stock is

= ($1.50 × 1.06) ÷ (0.12 - 0.06)

= $1.59 ÷ 0.06

= $26.50

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3 years ago