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3 years ago

Please help!!!!!!!!!!!

Business

1 answer:

emmasim [6.3K]3 years ago

7 0

Subways
Features: restaurant that serves sandwich, green and yellow logo
Strength:healthier meal,low start up cost, Partners with American heart Association
Weakness: less consistency, mostly targets young adults,Less motivation from employees,Outdated outlets
McDonald’s
Features:restaurant that serves fast food, red and yellow logo
Strength: Global presence, children targeting, flexibility, use. Use of economy scale
Weakness: high employee turnover,less innovation, yet to capitalize over organic food, and Overcrowded menu

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During the second year of the equipment’s life, $21,900 cash is paid for a new component expected to increase the equipment’s pr

Alona [7]

Answer:

S/N ACCOUNT DEBIT CREDIT

1 Equipment $22,000

Cash $22,000

Being payment for new component expected to increase the

equipment’s productivity by 10% a year

2. Equipment Repairs expenses $6,250

Cash $6,250

Being payment for equipment repair

3. Equipment $14,870

Cash $14,870

Being payment for equipment repair to prolong the useful life

the asset

Explanation:

The initial cost incurred in acquiring an asset is debited to asset account, subsequently every other cost spent on the assets are either expenses against the earning of that period or expensed over many years over the useful life of the asset.

Capitalization is the recognition of an expense as an asset in the balance sheet rather than expenses in the income statement.

The payment of $22,000 paid for the equipment productivity must be capitalized, that is added to the cost of the asset because it is a cost that is expected to increase the equipment’s productivity by 10% a year.

The $6,250 paid for normal repair is a revenue items which is to be expensed against the earning of that period.

The $14,870 paid for repairs which will increase the useful life of the equipment from four to five years is a capital expenditure which should capitalized, that is added to the cost of the asset.

7 0

3 years ago

True or False: A tax cut that will last for only one year will have a greater impact on aggregate demand than a tax cut that is

gavmur [86]

A tax cut that will last for only a year will not have a huge effect on the aggregate demand as the aggregate demand increases only when the tax cut is permanent.

The given statement is false.

A tax is a liability imposed on the taxpayer to pay a specified sum to the government based on the income they have earned in the previous year.

When the cutting of taxes becomes permanent in the country, then the citizens can start to acquire more which will increase the spending. The families will expect that the tax cuts are for the longer term which now induces them to buy and spend more and also act as an addition to their incomes. This whole impact would eventually lead to rising in aggregate demand.

Therefore, the demand increases when the tax cuts are permanent rather than when tax cuts are for only one year.

Learn more about the tax cut policies in the related link:

brainly.com/question/13924294

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5 0

2 years ago

The equivalent units in beginning work in process inventory plus the equivalent units in ending work in process inventory equals

vivado [14]

Answer:

False

Explanation:

The formula for equivalent units units as follows:

Opening Work in Process + Equivalent units on which the work is done - Closing Work in process = Units Transferred

Therefore, ideally,

Opening work in process - Closing work in process = Units transferred - Equivalent units on which work is done.

As adding all the cost incurred during the period to opening inventory of work in process, we get the total cost for the period, thereafter, deducting the cost allocated to closing work in process we get the value of goods produced and transferred.

<u>Therefore, above statement is false.</u>

8 0

3 years ago

Imagine that you are a consultant, and have been hired by Rosewell's board of directors to examine decision making within the fi

poizon [28]

Explanation:

Executive Information System (EIS) is a specialised form of decision making support system designed to give management level employees background information on topics both internal and external to the company. Using this information, they are then guided by the governance policies and standard operating procedures of the company in the decisions they need to make, considering environmental factors, availability of resources and time constraints. The Information Systems models contain routine and special statistical, financial, and other quantitative analysis.

According to Computer Business Research, “the focus on Executive Information Systems is on easy to use user interfaces and graphical displays. The benefits of this is that they offer strong reports and drill down capabilities. Executive Information Systems are important because they help top-level executives analyze, compare and highlight trends in important areas so they can monitor performance and identify opportunities and problems. Over recent years however, the popularity of Executive Information Systems has decreased due to Business Intelligence, analytic(s), and digital dashboards.”

Steps followed in implementing EIS

1. Undertake research – the consultant has to find out what is applicable to the company specifically, looking at the company size, its resources, and other factors that affect information systems.

2. Compare and benchmark with best practices globally, regionally and locally.

3. Procure and/or Install the EIS.

4. Check if it is operating effectively. Also train the end users on how to make efficient use of the information system.

5. Keep monitoring and evaluating the system

N.B: Questions are required to give a more precise answer

4 0

3 years ago

Choose all that apply. Select all the responsibilities of consumers. Gather information about products and services before makin

jolli1 [7]

Answer:

Stay informed about products that you buy to be aware of product recalls.

Gather information about products and services before making a purchase to be aware of price, quality, and the product specifications.

Read instructions on products and use them as intended.

Take action and report faulty products, fraudulent activity, and any other violation of consumer rights.

Consider the impact of your purchases on others and choose products that do not harm the environment.

Insist on compensation if you are not satisfied with your purchase.

8 0

3 years ago