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AVprozaik [17]
3 years ago
12

A city council designates funds in the enterprise fund for future equipment replacement. The enterprise fund should report this

as: Group of answer choices An unrestricted component of net position. A net investment in capital assets. A restricted component of net position. A designated component of net position.
Business
1 answer:
Ivanshal [37]3 years ago
6 0

Answer: An unrestricted component of net position

Explanation:

Fund balances can be committed, restricted, assigned, and unassigned. The designation of city council has no right to restrict funds.

A restriction of fund can only be imposed through legislation, constitution, or external resource providers, and not by the designation by the city council. In this case, funds would be unrestricted.

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Advertising expenses are a significant component of the cost of goods sold. Listed below is a frequency distribution showing the
natali 33 [55]

Answer:

\bar X= 49.41 represent the sample mean

s= 11.45 represent the sample deviation

n = 68 represent the sample size

Since the sample size is large enough n>30 we have enough evidence to conclude that the normal approximation for the sample mean makes sense. And the distribution for the sample mean would be given by:

\bar X \sim N(\mu, \frac{\sigma}{\sqrt{n}})

Explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".  

The central limit theorem states that "if we have a population with mean μ and standard deviation σ and take sufficiently large random samples from the population with replacement, then the distribution of the sample means will be approximately normally distributed. This will hold true regardless of whether the source population is normal or skewed, provided the sample size is sufficiently large".

Solution to the problem

For this case we have the following data given:

\bar X= 49.41 represent the sample mean

s= 11.45 represent the sample deviation

n = 68 represent the sample size

Since the sample size is large enough n>30 we have enough evidence to conclude that the normal approximation for the sample mean makes sense. And the distribution for the sample mean would be given by:

\bar X \sim N(\mu, \frac{\sigma}{\sqrt{n}})

7 0
3 years ago
Firms with a(n) _________________ orientation spend little on marketing research and planning, target customers indiscriminately
cupoosta [38]

Answer: Sales Orientation

Explanation:

Sales-oriented firms are business firms that focus most of their efforts on developing a sales force to promote and sell their products or services. Sales oriented spend little on spend little on marketing research and planning, target customers indiscriminately. The approaches carried out by sales oriented companies, are usually done through door-to-door sales, phone calls, and other face-to-face interactions with potential clients or prospects. The sales force is usually the most important asset of the company and is the main driver of its success and profitability.

7 0
3 years ago
Brief Exercise 13-14 Coronado Corporation sells DVD players. The corporation also offers its customers a 4-year warranty contrac
Iteru [2.4K]

Answer:

(a)Sale contracts

Dr Cash $2,100,000

Cr Unearned warranty revenue $2,100,000

b)Cost of servicing warranty

Dr Warranty expense $189,0000

Cr Inventory $189,000

(c)Recognized warranty revenue

Unearned warranty revenue $525,000

Explanation:

(a)Sale contracts

Dr Cash ($20,000 x105) $2,100,000

Cr Unearned warranty revenue $2,100,000

b)Cost of servicing warranty

Dr Warranty expense $189,0000

Cr Inventory $189,000

(c)Recognized warranty revenue

Unearned warranty revenue $525,000

($2,100,000 ×1/4)

7 0
3 years ago
Sharon Baricivic is a manager in the credit department for Hardaway's Lawncare Supplies. Joe Greene is a new employee in her dep
kondaur [170]

Answer:

coaching Joe rather than helping him

Explanation:

Coaching is a process where a more experienced person teaches a learner achieve a goal by giving guidance and training.

Helping is when a person assists another to do a job that is their responsibility.

In this scenario Sharon Baricivic has provided Joe with guidance by offering advice, encouragement, and instructions. So he is coaching him.

However, she has been careful to let Joe do all of the actual work he is assigned, even if he struggles a bit.

So she is not helping Joe do his work, but rather letting him do it even if it means him struggling a bit.

5 0
3 years ago
A fire destroyed some of Cholla, Inc.’s records. Information from the documents found related to inventory is listed below. Endi
sineoko [7]

Answer:

$860,400

Explanation:

Cholla, Inc.’s

Cost of goods sold = Beginning inventory + Purchases − Ending inventory

Purchases = Cost of Goods Sold − Beginning Inventory + Ending Inventory

Cost of Goods Sold $801,000

Less Beginning Inventory ($77,400 )

$723,600

Add Ending Inventory $ 136,800

Amount of inventory purchased $860,400

Therefore the amount of inventory that was purchased during the year was $860,400.

Mean while the consignment inventory is not owned by the company and is not as well considered in the Cost of Goods Sold equation.

3 0
3 years ago
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