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Vlada [557]
3 years ago
7

In a simple structure where the owner manager makes most of the important decisions, extensive rules and regulations are used to

maintain order.
a. True
b. False
Business
1 answer:
olganol [36]3 years ago
7 0
A. True, I guess......
You might be interested in
Question:
valina [46]

Answer:

Explanation:

The journal entries are shown below:

1. Purchase A/c Dr $8,500

       To Accounts payable A/c $8,500

(Being purchase of inventory is made on credit)

2. Freight-in A/c Dr $45

         To Cash A/c $45

(Being freight charges is paid for cash)

3. Purchase A/c Dr $11,985

       To Accounts payable A/c $11,985

(Being purchase of inventory is made on credit)

4. Account payable A/c Dr $20,485     ($8,500 + $11985)

         To Cash A/c $20,280.15

         To Purchase discount A/c 204.85   ($20,485 × 1 %)

(Being the payment is recorded)

6 0
3 years ago
1.15
EleoNora [17]

Answer:

cash flow statement

Explanation:

because it determines the inflows and outflows of the business

3 0
3 years ago
Information concerning Department A of Synergy Company for the month of June is as follows: Materials Units Costs Work in proces
vfiekz [6]

Answer:

0.78

Explanation:

beginning 22,000 with a cost of 15,675

started and completed: completed - beginning

                                         99,000 - 22,000  =    77,000

equivalent units ending WIP 16,500 x100% =    16,500

equivalent units for materials 93,500

equivalent cost of materials: 73,260 / 93,500 = 0,78

for the equivalent cost we will calcualte only using the cost added during the period.

8 0
3 years ago
Estimated cash flows appear below for an investment project. The project is required rate of return (IRR) is 11.40%. What is the
daser333 [38]

Answer: 3.83 years

Explanation:

The Discounted Payback period is used to determine how long it would take a project to payback the investment made in it given required return adjusted cashflows.

Year 1.

= 17,000 / ( 1 + 11.4%)

= $15,260

Year 2

= 20,000/ 1.114²

= $16,116

Year 3

= 27,000/1.114³

= $19,530

Year 4

= 30,000/1.114⁴

= $19,480

Investment Balance up to year 3

= -67,000 + 15,260 + 16,116 + 19,530

= -$16,904

The amount left is smaller than the discounted Cashflow for Year 4 so the Investment will be paid back in year 4.

= 16,904/19,480

= 0.83

0.83 of year 4 will be taken to pay off Investment.

In total;

= 3 complete years + 0.83 in 4th year

= 3.83 years.

4 0
3 years ago
The British government increased the national debt from $75 million to $133 million by borrowing from ________ and British banke
Tpy6a [65]

The British government borrowed from the Dutch and British bankers and this increase its national debt from $75 million to $133 million.

<h3>What is a national debt?</h3>

This means the total amount of all debts owed by the government of a country.

These debt are used to service infrastructure, cater expenditure when there are insufficient revenue to cater for such.

Therefore, the British government borrowed from the Dutch and British bankers.

Read more about national debt

<em>brainly.com/question/4371750</em>

8 0
2 years ago
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