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3 years ago

5

Lars and Shelia work together in an office. Lars makes copies of documents for Shelia, handles phone calls, and files reports. S

helia deals with customers daily, tracking and documenting their money. Which best describes the pathways of Lars and Shelia?

2 answers:

Fynjy0 [20]3 years ago

7 0

Answer:

d on edg 2020

Explanation:

Oxana [17]3 years ago

5 0

D is the correct answer from the choices!!!!!!

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The Allowance for Doubtful Accounts account has a year-end credit balance, prior to adjustment of $500. The bad debts are estima

Elan Coil [88]

Answer:

Estimated balance of Doubtful Account after adjusting entry = $4,200

Explanation:

Given:

The credit balance of Doubtful Account = $500

Computation of estimated balance of Doubtful Account after adjusting entry:

Estimated balance of Doubtful Account after adjusting entry = 7% of $60,000

Estimated balance of Doubtful Account after adjusting entry = $4,200

After adjusting entry , Total amount credited in Allowance for Doubtful Accounts is $4,200

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3 years ago

Coat's product manager continues to perform well in the market. However, a competing product is coming on strong and is looking

VLD [36.1K]

Increase the promotion budget to gain greater awareness

Explanation:

Coat's manager continues to perform well in the market competing product as strong and is looking to take over the market share leader in segment.
The coat product manger in order to improve the buying criteria, and thus potentially increase demand the best product manager should purchased.

Marketing and promoting is a strategy in which one can communicate the customers and target prospective customers to buy the products.

Thus increasing the demand of the product and thereby increase the promotion budget and gain greater awareness.

6 0

3 years ago

In 2019, Carla Enterprises issued, at par, 60 $1,000, 8% bonds, each convertible into 100 shares of common stock. Carla had reve

dimulka [17.4K]

Answer:

Diluted earnings per share for 2020. is 93 cents

Explanation:

Diluted Earnings per share shows the<em> future position</em> of the Earnings per shareholders once the potential shareholders begin exercising their rights.

Potential Shareholders exists due to Financial Instruments that <em>might be converted into ordinary shares</em>. Examples are Convertible Bonds, Options, Convertible Preference shares.

<em>Step 1 Calculate Basic Earnings Per Share</em>

Basic Earnings Per Share = Earnings Attributable to Ordinary Shareholders / Weighted Average Number of Ordinary Shares in Issue during the period.

<u>Profits attributable to Ordinary Shareholders :</u>

Earnings ( $14,700 - $6,900) $7,800

<em>Less</em> After tax Interest on Bonds (60×$1,000×8%×80%) ( $3,840)

Profits attributable to Ordinary Shareholders $ 3960

<u>Weighted Average Number of Ordinary Shares</u>

Common stock outstanding 2,400 shares

Basic Earnings Per Share = $ 3960/ 2,400

= 165 cents

<em>Step 2 Calculate Diluted Earnings Per Share</em>

Diluted Earnings Per Share = Adjasted Basic Earnings per Share Earnings/ Adjasted Number of Ordinary Shares

<em></em>

<u>Adjusted Basic Earnings per Share Earnings</u>

Profits attributable to Ordinary Shareholders $ 3960

Add Savings on Interest (60×$1,000×8%×80%) $3,840

<em>Adjusted Basic Earnings per Share Earnings $7,800</em>

<u>Adjusted Number of Ordinary Shares</u>

Common stock outstanding 2,400 shares

Add 60× 100 shares of Convertible Bonds 6,000 shares

<em>Adjusted Number of Ordinary Shares 8,400 shares</em>

Diluted Earnings Per Share = $7,800/8,400 shares

= 93 cents

7 0

3 years ago

Waupaca Company establishes a $440 petty cash fund on September 9. On September 30, the fund shows $193 in cash along with recei

exis [7]

Answer:

petty cash fund 440 debit

cash 440 credit

--stablishment of the fund--

freight-in 46 debit

postage expenses 78 debit

miscellaneous expenses 111 debit

cash shortage loss 12 debit

Cash 247 credit

--reimbursement of the fund--

petty cash fund 50 debit

Cash 50 credit

--incerase of the fund to 490--

Explanation:

The petty fund will be stablish using cash, so we decrease cash and create the petty fund.

Then, the expenditures will be against cash, so we don't have to use the petty fund account.

Lastly, to increase the fund we take from the cash account the 50 dollars increase.

5 0

3 years ago

On the basis of this information, what were total maintenance costs when the company experienced 23,000 machine hours of activit

spayn [35]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the total cost for each activity level:</u>

High activity level= 27,000*27.3= $737,100

Low activity level= 23,000*34.3= $788,900

<u>Now, using the high-low method, we can determine the variable and fixed costs:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (788,900 - 737,100) / (27,000 - 23,000)

Variable cost per unit= $12.95 per machine-hour

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 788,900 - (12.95*27,000)

Fixed costs= $439,250

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 737,100 - (12.95*23,000)

Fixed costs= $439,250

<u>Finally, for 25,000 hours:</u>

Total cost= 439,250 + 12.95*2,5000

Total cost= $763,000

8 0

3 years ago