Answer:
Different types of management systems ranging from the point-of-sale systems, accounting systems, lead management, e-commerce, communication systems, and project management solutions are available to small businesses for the smooth running of operations.
Explanation:
Answer:
The answer is C.
Explanation:
Credit sales is $6,000
Bad debt is 3% of net credit sales which is $180($6,000 x3%)
Creating allowance for doubtful debt entry is one of the prudent method and it tells us that some customers won't pay part of what they are owing. And it is also a contra account that offset bad debt.
According to the accounting rule, debit increases asset and expenses and vice-versa while credit decreases liability, equity, income and vice versa.
So we have have:
Dr Bad debt expense $180
Cr Allowance for Doubtful Accounts $180
Answer: Pfizer is the world's largest pharmaceutical firm that's has a wide range in research. Most of their work is dependent on research they carry out, strategies they have developed from the research and innovation they put in place.
Explanation:
Pfizer is the world's largest pharmaceutical firm that's has a wide range in research. Most of their work is dependent on research they carry out, strategies they have developed from the research and innovation they put in place.
They look at making a concept in the future where they would work remotely and connect with workers in any where in the world and share information.
This arrangement would work for many other firms, as most firm have started planning towards working remotely, and many have started out the process already.
Organizational structure has a big role to play in the efficiency of an organization, it depicts the work flow from the top to the bottom, what each department is doing, who guides them and how they can do better.
Answer:
1. b) $2 U
2. d) $2800 F
3. a) $6920 F
4. d) $10253 F
Explanation:
1) The activity variance for administrative expenses in May would be closest to: (3000-3020)*.10 = 2 U
Therefore, answer is b) $2 U
2) Revenue variance = (38*4100)-158600 = 2800 F
Hence, answer is d) $2800 F
3) Revenue variance = (5940*32.60)-200564 = 6920 F
So answer is a) $6920 F
4) Spending variance for plane operating costs = (39590+2649*85+4*297)-255690 = 10253 F
So answer is d) $10253 F
Answer:
$30.40
Explanation:
($40 million − $2 million) / 1.25 million shares = $30.40