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Elis [28]
3 years ago
10

A(n) ______ is maintained for each financial statement item, whereas a(n) ______ contains all of the accounts of the company.

Business
1 answer:
Svetllana [295]3 years ago
4 0

Answer:

An <u>account</u> is maintained for each financial statement item, whereas a(n) <u>general ledger</u> contains all of the accounts of the company.

Explanation:

Financial statements refers to a statement that that provides formal records of all financial activities and standing of a company or any entity in a structured and easily understandable manner.

For each item of financial statement, an account is kept with the aim of giving a an accurate record of all business activities that are germane to that specific financial statement item.

The purpose of a general ledger is to show individual transactions and resulting account balance of each account of a company as a single collection.

Therefore, an <u>account</u> is maintained for each financial statement item, whereas a(n) <u>general ledger</u> contains all of the accounts of the company.

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During that time, poseidon was with the Ethiopians
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3 years ago
If an organizational capability or resource is valuable and unique, but it is easy to imitate: A. It cannot be a source of compe
MaRussiya [10]

Answer:

<h2>In this case,the answer would be option D. or It can be a source of competitive advantage for a period of time.</h2>

Explanation:

  • In Production Economics,any organizational input in the production process can provide competitive advantage to any firm or company for a sustainable period of time only if it provides commercial or economic value to the firm or company,it is unique and it cannot be completely imitable or substituted through other equivalent resource/s by other market competitors.
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3 0
3 years ago
A resort hotel is planning to install a computerized inventory system to manage complementary guest items such as soap and shamp
jeka57 [31]

Answer:

a) safety stock = z-score x √lead time x standard deviation of demand

z-score for 99.9% = 3.29053

√lead time = √7 = 2.6458

standard deviation of demand = 3

safety stock = 3.29053 x 2.6458 x 3 = 26.12 ≈ 26 soaps

reorder point = lead time demand + safety stock = (7 x 16) + 26 = 138 soaps

EOQ = √[(2 x S x D) / H]

S = order cost = $10

D = annual demand = 16 x 365 = 5,840

H = $0.05

EOQ = √[(2 x $10 x 5,840) / $0.05] = 1,528.40 ≈ 1,528 soaps

b) total order costs per year = (5,840 / 1,528) x $10 = $38.22

total holding costs = (1,528 / 2) x $0.05 = $38.20

total annual ordering and holding costs = $76.42

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3 years ago
Assume you are in the 35 percent tax bracket and purchase a municipal bond with a yield of 7.25 percent. Use the formula present
balu736 [363]

Answer:

before tax corportate bond equivalent: 11.15%

Explanation:

The municipal bond are tax-free making them more attractive than normal corporate bonds.

thus, the municipal bond rate should be compare with the after tax rate of a corporate bond:

before tax rate ( 1 - tax rate) = after tax rate

<u>For this case:</u>

the after tax rate is 7.25%

and the tax bracket is 35%

before taxes ( 1 - 0.35) = 0.0725

0.0725/.65 = 0,1115384 = <em>11.15%</em>

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When looking for a car to buy, what can you learn from classified ads?
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The cost of car, year, make, model, mileage
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