All categories

3 years ago

EA12.

Business

1 answer:

BaLLatris [955]3 years ago

7 0

Answer:

$38,400

Explanation:

1. Cash Purchases:

The total purchases in the month of March is of $35,000.

It is given that 70% of Purchases are for cash.

Hence, 70% of $35,000 would be;

$39,000 x 0.70

$27,300

2. Credit Purchases:

Remaining Balance of Purchases from the month of February:

For the month of February Cash Purchases can be calculated as follows;

$37,000 x 0.70

$25,900

Remaining Balance to be paid in March for the month of February can be calculated as follows;

$37,000 - $25,900

$11,100

3. CASH PAYMENT for PURCHASES in MARCH:

Cash Purchases = $27,300

Credit Purchases = $11,100

Hence;

Cash Payment for purchases in March = Cash Purchases + Credit Purchases

Cash Payment for purchases in March = $27,300 + $11,100

Cash Payment for purchases in March = $38,400

You might be interested in

Abigail, a department manager, is struggling trying to lead a cross-functional team. Most members are other department managers

notka56 [123]

Answer: weak position power

Explanation: In simple words, position power refers to the authority that one possess over others in an organisation due to the position in the managerial hierarchy such individual holds. The position power work as a base line for the senior subordinate relationship in a firm.

The position power makes flow of communication vertical, that is, from downward to upward and vice versa, which creates a sense of respect and fear among the subordinate towards their seniors.

In the given case, Abigail is the department manager and the other participant on which she wants to make order to holds same position as she do. Thus, there is no senior subordinate relationship among them which concludes weak position power.

5 0

2 years ago

An audit basically consists of having the auditor form an opinion regarding management's financial statement assertions. The aud

Anika [276]

Answer:

C. Tracing sales invoices to shipping documents to test the occurrence of reported sales.

5 0

2 years ago

A small factory produces toilet paper. The annual demand is 360,000 units, and the company produces toilet paper in batches. On

Valentin [98]

Answer:

26,833 units

Explanation:

Optimal production quantity is the quantity at which business incur minimum cost. This is the level of production per batch where the incur the lowest cost.

EOQ =

C = Carrying cost = 10 / 100 = $0.1 per unit

S = Setup cost = $100

D =Annual Demand = 360,000

EOQ = $\sqrt{ \frac{2 X S X D}{C} }$

EOQ = $\sqrt{ \frac{2 X 100 X 360000}{0.1} }$

EOQ = 26,833 units

7 0

2 years ago

Which of the following communication methods would Phil be most comfortable with?As a manager, you want to praise a team member,

Lina20 [59]

Answer:

The best option would be;

A. Call Phil in for a private meeting to appreciate his work

Explanation:

Communication is very important in a company set up since information can be passed between employees of a company. The money in which the information is passed is also important, and usually depends on a variety of factors. These factors differ from one company to another, and therefor one needs to choose wisely the manner in which he/she is to communicate.

One factor that will be considered is the personality of the person that this particular information is to be passed. The information is to be passed in a manner that is respectful and doesn't cause any discomfort or embarrassment to the recipient. In our case, the team member, Phil, is an introvert. Introverts are generally people who keep to themselves a lot and have a dislike of publicity. This means that any option which will make Phil a public figure in the work place would not be well appreciated by Phil.

The best option will therefor be to call Phil in for a private meeting to appreciate his work. This will make Phil feel respected and appreciated while at the same time will not make him uncomfortable by exposing him to the public.

4 0

3 years ago

Describe at least two methods you would use to identify job opportunities if you were looking for a job. Explain why you would u

atroni [7]

The two methods used to identify job opportunities are identify the area of specialization and train yourself according to that specialization.

Explanation:

The job offers can be found through Networking, Referrals, company websites, job fairs and social media.

The another method is through employment agency, are agencies that are trying to match up the job applicants to job that suits them. They have a connection with the organization and there is a high probability of landing a job with the organization.

Also, it is necessary to upgrade yourself to the area of specialization. If IT skilled then the job seeker should train on it to get placed on that relevant organization.

3 0

3 years ago