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3 years ago

The united states' first large business bureaucracies began within which industry?

1 answer:

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The United States' first large business bureaucracies began within which industry? A bureaucracy is a large organization of appointed officials. These members are chosen to represent the group at large until otherwise removed. Patronage is the first bureaucracy that began in 1789 that Thomas Jefferson served on.

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A private not-for-profit entity receives three large cash donations: One gift of $71,000 is restricted by the donor so that it c

Masteriza [31]

Answer: $294,000

Explanation:

Gift of $71,000 is time restricted as it cannot be spent for 4 years.

Gift of $91,000 is purpose restricted as it must be used for the purpose of salaries.

Gift of $121,000 is permanently restricted as it must be held forever.

Income earned from the above gift of $11,000 is purpose restricted for needy families.

The gifts with donor restrictions total:

= 71,000 + 91,000 + 121,000 + 11,000

= $294,000

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3 years ago

On december 31, 2014, extreme fitness has adjusted balances of $940,000 in accounts receivable and $83,000 in allowance for doub

BaLLatris [955]

To record the write-off of receivables:

Allowance for doubtful accounts ----------------------------$24,000
Accounts Receivable -----------------------------------------------$24,000

To record the accounts receivable collected from the written-off receivable, first restore the accounts receivable with the following entry:

Accounts Receivable ------------------------------------------$1,900
Allowance for doubtful accounts ------------------------------$1,900

To record the collection of accounts receivable:

Cash -----------------------------------------------------------------$1,900
Accounts Receivable ----------------------------------------------$1,900

Or, the direct journal entry to record the collection of previously written-off accounts receivable is:

Cash ---------------------------------------------------------------$1,900
Allowance for doubtful accounts ------------------------------$1,900

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3 years ago

When the cost minimizing combination of inputs is being used and there is no corner solution,

LenKa [72]

Answer:

A. the iso-quant line is tangent to the iso-cost line.

Explanation:

Cost minimization refers to the decrease in level of cost of production for certain specified level of production.

Iso quant line represents the labor and capital combinations keeping the total cost same. The least combination represents the tangent to isoquant, basically representing the idle choice of labor and capital.

In this manner the company chooses the idle way of cost minimization.

4 0

3 years ago

McCann Publishing has a target capital structure of 35% debt and 65% equity. This year's capital budget is $850,000 and it wants

levacccp [35]

Answer: $952500

Explanation: targeted equity ratio is 65% = 0.65

Capital budget = $850000

Dividend = net income - (target equity ratio × total budget)

400000 = N - (0.65 × 850000)

Make N the subject of formula

Net income N = $952,500

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4 years ago

Abigail (Abby) Boxer, age 38, is a single mother (birthdate April 28, 1982) working as a civilian accountant for the U.S. Army.

DochEvi [55]

Answer:

Step 1 of 4

Aby is a single mother with a dependent child. She files Form 1040A. The form is attached herewith.Some of the highlights are given below:

• Gross Income is calculated as follows.

• Adjusted gross income is same as gross income as there are no deductions for AGI. So, adjusted gross income is $42,730 (line 21).

• Standard deduction under Head of Households is $8,700 (line 24).

• She claims one personal and one dependent exemption. So, her total exemptions are (line 26).

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3 years ago