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ANTONII [103]
3 years ago
11

Wolf Pack Deli purchased $2,400 of supplies for cash. A month later Wolf Pack Deli purchased additional supplies on account for

$2,000. Wolf Pack Deli also paid $400 of the accounts payable. What is the balance in the Supplies account?
Business
1 answer:
Ivenika [448]3 years ago
8 0

Answer:

$4,400

Explanation:

Supplies is a kind of inventory held, to be used in the process of manufacturing.

As for the information provided,

The supplies purchased = $2,400 + $2,000 = $4,400

The information provided for the amount paid of 4400 to accounts payable, is not related as that is different liability which when paid will reduce the liability and cash, but will not impact supplies.

Therefore, balance of supplies = $4,400

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Suggest and critically discuss a model that helps managers to decide to adopt an offensive or defensive route. Support your answ
Artist 52 [7]

Answer:

Please find the complete question in the attached file.

Explanation:

In order to study the impact on five forces and thereby decipher an offensive or defense strategy to stay competitive and maintained, management must employ a prototyping approach as Porters 5 Headed framework. Samsung, for example, should adopt a great combination because of its subsequent globalization.

Providers' bargaining power — In this industry, several companies offer low-cost services, which indicates the suppliers have much less bargaining energy.

Consumers' trading strength - Since Hyundai either works in a totally competitive environment or an oligopolistic marketplace across the globe.

The threat of new entries – The risk is significantly greater because new entries from low-cost China carriers can eat Samsung share since they are tax- and licensing-friendly.

The danger of competing among established businesses - That's also relatively significant because profits are thin and innovative developments are continually making the industry as a whole and tough.

Barriers to business – The biggest barriers are an initial investment, high marketing, and distribution expenses, and constant innovation.

6 0
2 years ago
The primary purpose of managerial accounting is to prepare financial statements in accordance with a reporting framework (e.g. G
Contact [7]

Answer:

False.

Explanation:

There is no specific rule for managerial accounting like GAAP. GAAP is the accounting principles set for financial accounting and not managerial accounting. The main and primary purpose of managerial accounting is to help the managers of an organization to analyze the exact cost that is incurred in the production of sale-able goods and services. This accounting is done completely as per the convenience and discretion of the managers of a company and not by any specified rules and norms.

3 0
3 years ago
__________ is also called back-office processes, these are invisible to the external customer but essential to the effective man
mrs_skeptik [129]

Answer:

The correct word for the blank space is: Business-facing processes.

Explanation:

Business-facing processes are all those activities engaged by corporations to provide their goods or services to their clientele that are not portrayed to the final user. Those activities involve business planning, employee management, and third-party communications that might imply providing a customer's product.

5 0
3 years ago
On January 1 of the current year, Barton Corporation issued 11% bonds with a face value of $99,000. The bonds are sold for $94,0
Bogdan [553]

Answer:

$11,880

Explanation:

Calculation to determine The bond interest expense for the year ended December 31 is

First step

Semiannual interest=($99,000 * 0.11 * 6/12)

Semiannual interest= $5445

Second step

Semi-annual discount amortization

Semi-annual discount amortization=($99,000 - $94,050)/5*/12

Semi-annual discount amortization=($4950 / 5)*6/12

Semi-annual discount amortization= 495

Third step

Semiannual interest expense=(5445 + 495)

Semiannual interest expense = $5940

Now let determine the bond interest expense

Bond interest expense =($5940 * 2)

Bond interest expense = $11880

Therefore The bond interest expense for the year ended December 31 is $11,880

3 0
2 years ago
"Our teams in different countries have learned a great deal, so I am putting together an international team to study and share t
RUDIKE [14]

Answer:

(C). Encourage team members to socialize online by sharing photos and videos. Reach out to people from cultures where proactively sharing ideas is not valued.

Explanation:

In putting together an international team of people from different cultures, <u>it is important to note that the various national cultures with which they have been interacting for some time will have shaped how they communicate</u> and view situations.

<em>Some cultures value group work, togetherness and sharing ideas over other cultures which prefer individualism.</em>

Therefore as the group leader or manager, it is important to recognize the cultural characteristics of each group member, and encourage them to socialize and share useful information with the group.

6 0
3 years ago
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