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3 years ago

Any credit balance in a vendor subsidiary account is an unpaid balance owed. true or false.

1 answer:

7 0

The answer is true, Accounts payable is a single general ledger account that summarizes the total amount owed to all vendors. Accounts payable are amounts which are owed by you to your suppliers for the purchase of trade goods or services, they are sometimes referred to as trade payables or trade creditors. Under normal circumstances, they are normally unsecured, and non-interest bearing.

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Cyclical unemployment is caused by business cycle fluctuations. reducing international trade barriers, which causes some industr

Shalnov [3]

Answer:

The correct answer is letter "A": business cycle fluctuations.

Explanation:

Cyclical unemployment refers to unemployment related to downturns in the economy. It tends to be temporary but the length depends on the level of contraction of the economy during a recession. This type of unemployment is typical of the natural increase and decrease cycle of a nation's growth.

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3 years ago

The principal offensive strategy options include all of the following EXCEPT:A.using a cost advantage to attack competitors on t

Len [333]

Answer:

All are options for offensive strategy

Explanation:

In this question, we are trying to select an option which is not in terms with the other options as regards what principal offensive strategy should be.

Now, what the term principal offensive strategy refers to is that it is a type of corporate strategy that pushes for changes within the industry. What we are trying to say is that, the principal offensive strategy pursues an agenda that is pushing for a change within the industry.

Efforts might be concerted or individual steps might be taken. Hence, various techniques or strategies are in place to be used.

Offensive strategy types includes, an end run strategy where a company does not want competition and thus explore the part of the market with little or none.

A preemptive one which seek to conform some advantages on the company as it is the first one based on demographics

Others include: an acquisition and a direct attack strategy

3 0

3 years ago

Provide the names of two (a) asset accounts, (b) liability accounts, and (c) equity accounts.

tamaranim1 [39]

Answer:

two (a) asset accounts

Cash and cash equivalents, which is the most liquid asset.
Inventory, which are the goods that the company buys or produces, to sell later on, and make a profit.

two libability accounts

Acconts payable, which is the money that the company owes.
Unearned revenue, which are revenues for goods or services that have not been delived yet.

two equity accounts

Common stock, the most typical form of equity.
Retained earnings, income that is left after paying dividends.

Explanation:

3 0

3 years ago

Ann's attempt to open a salad bar in a small town failed. Her husband is trying to sell the tables and chairs she purchased. He

Vaselesa [24]

Answer: Qualifying

<span>Ann's husband is engaged in the qualifying process. He suspects Handlemann's Deli may be a potential buyer for the furniture he needs to sell. And he is now in the process of determining if Handlemann's Deli has a certain characteristic (inclination to purchase) to qualify him as his prospect.</span>

4 0

3 years ago

Goodwill arises when one firm acquires the net assets of another firm and pays more for those net assets than their current fair

liberstina [14]

Answer:

Takeover Co.

a) Goodwill = $146,000

b) Target's ROI = 36.42%

c) Takeover's ROI = 21.07%

d) False

Explanation:

a) Data and Calculations:

Target Co's net assets fair value = $162,000

Payment by Takeover Co = $308,000

Goodwill = $146,000 ($308,000 - $162,000)

b) Target's ROI:

Operating income = $59,000

Net assets = $162,000

ROI = ($59,000/$162,000) * 100

= 36.42%

c) Takeover Co's ROI:

Operating income = $64,900

Net assets = $308,000

ROI = $64,900/$308,000 * 100

= 21.07%

d) Takeover Co:

Goodwill = $93,000

Purchase price of Target = $255,000 ($93,000 + $162,000)

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3 years ago