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3 years ago

Discuss the important issues that need to be considered while proofreading and checking a business document?

1 answer:

4 0

<h2>Spelling, punctuation, grammar, dealing with dates, logical flow of the content, maintaining the style throughout, etc. </h2>

Explanation:

Spelling:

The most important challenge that it has be considered seriously while proof reading. Misspelling of words may sometimes lead to false understanding of a sentence. If spellings are wrong it implies that the contents are not worthy.

Punctuation:

Necessary to get proper meaning
Makes document reader-friendly

Grammar:

This is an highlight of the content
Mandatory to follow good grammar

Logical flow:

To understand the meaning
To connect and understand the writer's point of view clearly

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Brustle's Pottery either factors or assigns all of its receivables to other firms. This is known as: a. capital financing. b. ac

Mazyrski [523]

Answer:

Accounts receivable financing

Explanation:

The accounts receivables are used as a collateral to receive a loan from the bank or factor. The amount received are deducted from the loan assigned and the remainder are paid back to the firms. The interest rate is agreed between the factor and firm using invoice discounting. Whereas the factoring is the assigning of the responsibility of accounts receivables management to the other organization. So both of these are the ways through which accounts receivables are used to finance the company's working capital or long term projects.

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3 years ago

A loan requires that the 8% interest be compounded quarterly for 4 years. Find the number of compounding periods

EastWind [94]

Answer:

Explanation:

Compounding periods are the number of times interest is paid to an investment per year. For example, annual compounding means that interest will be paid once a year hence compounding period would be 1.

If semiannualIy, interest would be paid twice a year hence 2 compounding periods per year. In this case, quarterly compounding means that interest payment occur every 3 months hence 4 quarters a year.

In 4 years, total compounding periods would be; 4 *4 = 16 periods.

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4 years ago

Closing the Accounts of a Merchandiser From the following list, identify the accounts that should be closed to Income Summary at

mixer [17]

Answer:

Advertising Expense , Cost of Merchandise Sold , Merchandise Inventory, Sales,Supplies Expense are closed to income summary account. Revenues and expenses are closed to Income Summary.

Explanation:

Closing Entries

a. Accounts Payable: No it is not closed to income summary account.

b. Advertising Expense: Yes it is closed to income summary account.

c. Cost of Merchandise Sold: Yes it is closed to income summary account.

d. Dividends : No these are closed To Retained Earnings Accounts.

e. Merchandise Inventory : Yes it is closed to income summary account

f. Sales Yes it is closed to income summary account

g. Supplies: No prepaid supplies are an asset account and it is included balance sheet.

h. Supplies Expense: Yes it is closed to income summary account

i. Wages Payable: Not closed in the income summary account.

These are liabilities and included in the balance sheet.

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4 years ago

"Flo is considering three mutually exclusive options for the additional space she plans to add to her specialty women's store. T

Komok [63]

Answer: Option(b) is the correct option.

Explanation:

According to the question,we are provided with investment value which is $148,000.

Therefore, Net present value (NPV)of Children Clothing will be calculated as :-

$121,000 - $148,000 = - $27,000

Thus, a negative value of NPV of children clothing is obtained which is not an acceptable value option.

Now ,Net present value(NPV) of Exclusive gift is as follows:-

$178,000 - $148,000= $30,000

As the obtained NPV value for exclusive gift option is $30,000 which is a positive value, it can be accepted

Now, calculation of NPV of decorator items is as follows:-

$145,000 - $148,000= - $3,000

Net present value of decorator items is obtained as -$3,000 which is a negative value.Thus, it is not acceptable.

Therefore, the correct option is option(b) because it as positive value of NPV and decorator items and children clothing as negative NPV value which makes them unacceptable .

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4 years ago

Howard Genks works as a sales representative for Med-Tex, a firm that manufactures hospital supplies. Recently, a prospective bu

Masja [62]

Answer:

Explanation:

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4 years ago