Answer:
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Explanation:
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Answer:
The Journal entries are as follows:
(1) On September 9,
Petty cash A/c Dr. $410
To cash $410
( To establish $410 petty cash fund)
(2) On September 30,
Printing expenses A/c Dr. $60
Postage expenses A/c Dr. $70
Miscellaneous expenses A/c Dr. $135
Cash over and short A/c Dr. $11
To cash A/c $276
(To reimburse petty cash fund)
(3) On October 1,
Petty cash A/c Dr. $75
To cash A/c $75
(To increase the petty cash fund to $485)
Answer:
False
Explanation:
The case stated in question statement does not refer to focused differentiation strategy rather it is an example of Focused cost leadership strategy.
Focused cost leadership strategy is one that is competes on price margins targeting a narrow market and setting the price lower than other already existing competitors.
While, on the other end a focused differentiation strategy targets acquiring market by introducing some different product.
Answer:
Option E is correct
The price of the sandwich to maintain the same level of profit should be increased by 10%.
Explanation:
Let us assume the prices of condiments, meats and vegetables are all $100 each before the increment. After the the increment, each of them will cost:
100×(1+10%)= $110
The total cost of supplies before the inflation= 100×3= $300
The total of supplies after the increment = 110×3= $330
The rate of inflation = (330/300-1) × 100 =10%
The price of the sandwich to maintain the same level of profit should be increased by 10%
Answer:
The correct answer is letter "B": You and a team of coworkers.
Explanation:
Organizations that look for solving issues faster work in teams. It allows the business to have different insights on how to come up with a solution for a given case and by working in teams a solution that involves more opinions is likely to reflect what most employees need from the firm.
Therefore, <em>if an employee is nervous about writing a proposal for a company that can provide the company a big growth opportunity, the most suitable would be to set up a team of employees to help the other worker to have the proposal ready on time.</em>
