A fee is paid a. for each overdraft. c. monthly to have overdraft. b. for the first overdraft. d. annually to have overdraft.

Heidi, the founder of Camp Bow Wow, proves herself to be a leader as she asks her employees for suggestions and inputs before ma

andreyandreev [35.5K]

Answer: the correct answer is Consideration

Explanation:

Heidi, the founder of Camp Bow Wow, proves herself to be a leader as she asks her employees for suggestions and inputs before making decisions. In the given context, Heidi demonstrates consideration.

5 0

3 years ago

Kacy Spade, owner, invested $10,750 cash in the company in exchange for common stock. The company purchased office supplies for

lisov135 [29]

Answer:

Accounts Debit($) Credit($)

Cash 10,750

Common Stock 10,750

Being cash invested for common stock

in the business

Office Supplies 312

Cash 312

Being office supplies purchased with cash

Office Equipment 5,945

Account Payable 5,945

Being office equipment purchased on credit

Cash 1,268

Fees Earned 1,268

Being cash received on service rendered

to a customer

Account Payable 5,945

Cash 5,945

Being settlement of amount owned for

office equipment

Account receivable 2,279

Fees Earned 2,279

Being recognition of amount owned

by customer

Rent Expense 525

Cash 525

Being cash paid for rent

Cash 957

Account Receivable 927

Being cash collected for account receivable

Dividend 900

Cash 900

Being dividend paid with cash

Explanation:

Journal entry entries are used to record accounting effect of business transactions. General journal has two sides that make up debit and credit.

Entries on the debit side are assets or expenses while entries on the credit sides are liabilities, equity and income.

Journal also has a narration for each accounting event to provide information about the entry.

5 0

3 years ago

If investors speculate in derivative contracts rather than the underlying asset, they will probably achieve ________ returns, an

Ede4ka [16]

Answer:

Explanation: do your best and i hope you do good

8 0

3 years ago

Starbucks purchases from coffee growers located in more than 20 countries. It pays the coffee farmers a fair price for the beans

kirza4 [7]

Answer: Sustainable Procurement.

Explanation:

Sustainable Procurement involves making purchase in such a way that makes it easy for the product bought to be reproduced for sale, as corporate social responsibility is considered when making purchase. Starbucks is making use of sustainable purchase in their transactions with the coffee farmers.

8 0

3 years ago

Cullumber Company has a unit selling price of $650, variable costs per unit of $450, and fixed costs of $319,800. Compute the br

saveliy_v [14]

Answer:

(a)

Mathematical Equation for break-even

F = QP - QV

Where

F = fixed cost

Q = Break-even quantity

P = Selling price

V = Variable cost

F = Q ( P - V )

Q = F / ( P - V )

Q = $319,800 / ( $650 - $450 )

Q = $319,800 / $200

Q = 1,599 units

(b)

Contribution Margin = Price per unit - Variable cost per unit

Contribution Margin = $650 - $450 = $200

Break-even Point in Units = Fixed Cost / Contribution margin per unit

Break-even Point in Units = $319,800 / $200 = 1,599 units

Explanation:

Mathematical equation use the the break-even equation which represent the behavior of each element towards the break-even point.

Contribution per unit method use the contribution of each unit to calculate the break-even point.

4 0

3 years ago