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umka21 [38]
3 years ago
11

On july 25, henry company's accountant prepared a check for august's rent payment. henry company mails the checkon july 27 to th

e landlord. the landlord receives the check on july 31 and cashes the check on august 2. when should henry company record the rent expense associated with this transac±on?
Business
1 answer:
erastovalidia [21]3 years ago
4 0
<span>Henry Company should record the rent expense on August 2. Although the check was prepared on July 25 and mailed on July 27, it should not be recorded until the check is actually cashed.</span>
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Lyman Company has the opportunity to increase annual credit sales $100,000 by selling to a new, riskier group of customers. The
Alexxandr [17]

Answer:

Option c ($9,000) is the correct answer.

Explanation:

The given values are:

Annual increase in sales,

= $100,000

Now,

The collection expenses will be:

= 100,000\times 15 \ percent

= 15,000

Selling as well as manufacturing expenses will be:

= 100,000\times 70 \ percent

= 70,000

Tax expense will be:

= 15,000\times 40 \ percent

= 6,000

After-tax profits increase will be:

= 15,000-6,000

= 9,000 ($)

7 0
3 years ago
Customers arrive at Rent a Wreck and hope to score an inexpensive and unsightly vehicle to use for what typically is a short per
levacccp [35]

Answer: B- 6 minutes

Explanation: From the question above, In one hour, about 20 customers shows up at Rent a Wreck.

It takes 2 minutes to photocopy their driver's license and insurance card and take an impression of a credit card

therefore 20/2=10

in one hour which is 60 min = 60/10

=6 minutes

4 0
4 years ago
if electrical disturbances are recorded over an extended period and the monitoring equipment indicates they are on the utility s
tresset_1 [31]

If an electrical disturbances are recorded over an extended period and the monitoring equipment indicates they are on the utility side of the PCC, in order to remedy the disturbances, the utility should be informed of the monitored events.

<h3>What is an electrical disturbance?</h3>

This refers to an electrical or magnetic damage, disturbance of electronic recordings or erasure of electronic recordings. This disturbance encompasses 3 broad categories which includes an electrical or magnetic damage, electronic recording disturbances, and erasure of electronic recordings.

An Electrical Design Power hardware and software is very susceptible to these electrical disturbances. The most common electrical disturbance losses are damaged circuitry, erroneous results, loss of data, system failure, and system shutdown. As well, these electrical disturbance is normally excluded from property coverage forms which is one of the main reasons to buy specialized EDP coverage

Read more about electrical disturbance

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6 0
1 year ago
sending e-mails reminding prospects that AdVance can mix custom fertilizer formulations determining what information is still ne
Ivenika [448]

Full question :

AdVance Corporation is a company that formulates and manufactures fertilizersfor the farming industry. The company produces several standardized formulas that canbe purchased directly through the retail arms of the company, but it also formulatescustom fertilizers for farms.Which of the following is the best use of a CRM system for an AdVance salesperson interms of relationship strategy?

sending regular e-mails to customers to check on the performance of a previously purchased AdVance fertilizer

determining what information is still needed to complete the customer's file

tracking the salesperson's activities and sales on a weekly and monthly basis

sending e-mails reminding prospects that AdVance can mix custom fertilizer formulations

remembering customers' birthdays to send them cards to maintain a personal connection and request referrals

Answer:

sending regular e-mails to customers to check on the performance of a previously purchased AdVance fertilizer

Explanation:

The most effective use of the CRM(customer relationship management system) from the options listed is the follow up on customers to know how they perceive Advance fertilizer's product after having purchased and used it. This has a long list of benefits for Advance fertilizer as they can get customer feedback from customers through this, build relationship with them as well as gather more data to improve on their products in the future

8 0
3 years ago
Pumpkin Spice Latte fanatics could be considered a(n) __________ of coffee enthusiasts.
Tom [10]

Question Completion:

2. Pumpkin Spice Latte fanatics could be considered a(n) __________ of coffee enthusiasts.

a. reference group

b. subculture

c. social class

d. opinion leader

Answer:

Pumpkin Spice Latte fanatics could be considered a(n) __________ of coffee enthusiasts.

a. a reference group

Explanation:

In Sociology, other people who are not fanatics of Pumpkin Spice Latte (PSL fanatics as they are known) can use the PSL to compare their coffee drinking habits.  This means that the Pumpkin Spice Latte fanatics become a comparative reference group for any person who intends to do such relationship comparison.  Therefore, the PSL is regarded as aa group for self-evaluation.

7 0
3 years ago
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