Answer:
-1.0 million
Explanation:
the debt issued in the second year is equal to the sum of the excess of revenues over outlays
in year 1, debt = $1.0 million - $1.5 million = $-0.5 million
In year 2, debt = $1.5 million - $2.0 million = $-0.5 million
$-0.5 million + $-0.5 million = -1.0 million
Answer:
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Answer:
(395) NA (395)NA 400 (395)(395) OA
Explanation:
Data provided in the question
Petty cash fund balance = $500
Remaining cash balance = $105
Vouchers for miscellaneous expenses = $400
Sp by considering the above information, the effect would be and the balance would be
= Petty cash fund balance - remaining cash balance
= $500 - $105
= $395
So the effect would be recorded as an operating activity for $395 plus it also records the miscellaneous expense for $400 and another financial statement is also affected
Bridget, the youngest owner of a family-owned restaurant, wants to make sure her company’s culture is embedded in their organization. In a recent trade show workshop, she learned that she can do this by having company rites and rituals, continuing to tell stories about company legends, and being a role model to her employee - True
<h3><u>
Explanation:</u></h3>
The expectations, philosophy and the values and experiences that an organisation has refers to the culture of an organisation. This is unique to each and every firm. These are considered as an important values that can be used as a guide in making the employees of an organisation to know about the expectations and the inner working of the particular organisation.
Culture of any organisation plays a major role in influencing the people who are working in it. In the given example, Bridget who is a owner of a restaurant want to make sure that the culture and values of the organisation are embedded within it. Thus, she also tells stories about the legends so that the employee can consider them as their role model.
Heitger identified three overhead activities and related drivers. Budgeted information for the year is as follows: Activity Cost Driver Amount of Driver
<h3>What is
Amount of Driver?</h3>
Value drivers are factors that raise the monetary value of a product, service, asset, or business. In the case of a product, it may be a distinguishing feature that makes the product a must-have for customers.
Business drivers are the key inputs and activities that drive a company's operational and financial results. Salespeople, the number of stores, website traffic, the number and price of products sold, units of production, and so on are common examples of business drivers.
Value drivers will make a company's products appear to be superior to those of its competitors. A company's market leverage can be increased by developing as many value drivers as possible. They will persuade customers to buy the product even more.
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