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3 years ago

Identify 3 skills you would expect a bookkeeper to have

Business

1 answer:

yaroslaw [1]3 years ago

4 0

Answer:

Great data entry skills. ...

Good communication. ...

Knowledge of bookkeeping principles. ...

Organising records. ...

Attention to detail. ...

Have an understanding of the bigger picture. ...

Be disciplined. ...

Have an interest in furthering your education.

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Sandhill uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (

miskamm [114]

Answer:

$567,056

Explanation:

Cost :

Merchanidize available for sale

= Beginning inventory + Purchases + Freight in

= $386,000 + $1,975,000 + $125,000

= $2,486,000

Retails:

Merchandize available for sale:

= Beginning inventory + Purchases + Markups

= $590,000 + $3,220,000 + $68,000

= $3,878,000

Ending inventory at retail = Retail total -markdowns - Net sales

= $3,878,000 - $104,000 - $2,920,000

= $854,000

Cost to retail ratio = $2,486,000 ÷ ($2,920,000 + $854,000)

= $2,486,000 ÷ $3,744,000

= 66.40%

Ending inventory at retail = $854,000

And

Cost to retail ratio = 66.40%

Therefore,

Ending inventory at cost = $854,000 × 66.40% = $567,056

4 0

3 years ago

A community organizer wants to convince state officials to create a universal preschool program so that all families with young

ch4aika [34]

Answer:

David Snow focused on this set of conguent interests on social movements issues strategies on his most important scholarly achievement which he called "framing perspective"

Explanation:

Snow´s "framing perspective" approach on large, informal groupings of individuals or organizations to negotiate on emergent meanings of social-movement issues, is psychological and centered in agencies services focused on specific action for change.

More than competing perspectives framing perspective is a diagnostic framing to identify the problem to assign of blame; prognostic framing to suggest solutions, strategies, and tactics to a problem and motivational framing to get rationale action to the types of social change, which could be alternative, redemptive, reformative and revolutionary according to David F. Aberle a cultural anthropologist.

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3 years ago

Discuss the three "ingredients" needed for employee performance. give your own brief example of a performance scenario where all

weqwewe [10]

The three ingredients needed for employee performance are motivation, capacity and support. Motivation is really important because if employees are influenced positively they can make things better. Capacity is also key because if employees are poorly prepared the won't have a good performance. Support is crucial because if we want to enhance employees' performance we have to be ready to back them up.

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3 years ago

On January 1, 2008, Pacer Company paid $1,920,000 for 60,000 shares of Lennon Co.’s voting common stock which represents a 45% i

Fittoniya [83]

Answer:

The balance in the Investment in Lennon Co.account found in the financial records of Pacer as of December 31, 2008 was $2,071,500

Explanation:

In order to calcuate the balance in the Investment in Lennon Co.account found in the financial records of Pacer as of December 31, 2008 we would have to calculate the following formula:

Net balance=Investment made+share of net income-dividend

Investment made = $1,920,000

share of net income= $670,000*45%= $301,500

dividend= $2.5*60,000= $150,000

Therefore, Net balance= $1,920,000 + $301,500 - $150,000

Net balance= $2,071,500

The balance in the Investment in Lennon Co.account found in the financial records of Pacer as of December 31, 2008 was $2,071,500

7 0

3 years ago

What is meant by marketing mix and why do the 7 Ps comprise the marketing mix?

FinnZ [79.3K]

Answer:

a. The marketing mix is a set of actions or strategies that are implemented for the purpose of promoting a product or brand. This is usually done to increase sales by expanding the target customers.

b. The 7 Ps comprise the marketing mix since they are specific rules that can be used to assess how the product is doing in the market in terms of sales. They can help determine areas that need evaluation and also provide for a way to find solution to the problem.

Explanation:

The marketing mix is a set of actions or strategies that are implemented for the purpose of promoting a product or brand. This is usually done to increase sales by expanding the target customers.

The 7 Ps are the specific guidelines that one can utilize to achieve higher sales. They are as follows;

1. Product : this is every improvement made on the product to increase it's quality above the competition

2. Prices : the prices should be adjusted in such away that it shouldn't be too high to reduce the number of customers, neither should it be too low to cause losses

3. Promotion : this is the way in which you provide information about your product to the customers and at the same time get feedback according to the type of questions the customers ask.

4. Place : in the marketing mix, location of where the product is very important. The location should be in a place where the product is highly visible and also very accessible.

5. Packaging : the product has to be packaged in a way that is visually attractive most people make judgement on a product from how the product looks.

6. Positioning : one needs to know also how the product is viewed by the customers in comparison to other products from the competition.

7. People: the product is to be made by people, sold by people and bought by people. This means that there has to be considerable focus on the people at all levels of engagement.

The 7 Ps comprise the marketing mix since they are specific rules that can be used to assess how the product is doing in the market in terms of sales. They can help determine areas that need evaluation and also provide for a way to find solution to the problem.

3 0

3 years ago

Identify 3 skills you would expect a bookkeeper to have​

Identify 3 skills you would expect a bookkeeper to have