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3 years ago

Identify at least one cost and one benefit of both the trustee and delegate models.

1 answer:

7 0

There are two models of representation, trustee model and delegate model. Trustee model allows the people to elect a trustee who they 'entrust' with their constituency while in the delegate model, a delegate or representative is elected in a democracy to deliver the concerns of the people but the representative doesn't hold their constituency.

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Sandhill Company issued $2,400,000 of 10%, 10-year bonds on January 1, 2017, at 103. Interest is payable semiannually on July 1

hjlf

Answer:

rnal entries to record the following. (Credit account titles are automatically indented when the am

Explanation:

7 0

3 years ago

Customers who shop at Books-A-Million find that it has a large selection of books, in addition to a helpful and friendly staff.

nika2105 [10]

Answer:

Position Strategy

Explanation:

The position strategy is the strategy in which the business focuses on the important things that will drive value for the organization. This way of developing customers choices and attracting them by added value in services is known as position strategy. The company here has focused on friendly staff and cappuccino offering along with a good selection of books. This means that the company has developed its image which is that scholars come here and that's the uniqueness of the position strategy.

Three things that the company has focused here:

Friendly Staff
Good selection of Books
Cappuccino and other products that increases sales

7 0

3 years ago

During Year 1, Hardy Merchandising Company purchased $24,000 of inventory on account. Hardy sold inventory on account that cost

finlep [7]

Answer:

I have attached an Excel Sheet that identifies all the events that need to be accounted for. If you have any queries regarding the Journal Entries, please free to ask me that.

B) The Balance of Accounts Receivable at Year End is $3,000.

Explanation:

Hardy Merchandising Company made Sales of $27,000 on account, out of which $24,000 were collected during the year. So, at the year end the Balance Sheet will show a figure of $3,000 for Accounts Receivable.

Thank You!

Download xlsx

4 0

3 years ago

Assume the economy has a 12 percent chance of booming, a 4 percent chance of being recessionary, and being normal the remainder

elena-s [515]

Answer :

13.86%

Explanation:

Calculation of the Expected rate of return

First step

Expected return = (.12 x.187) + (.84 x.144) + [.04 x(-.12)]

Second step

Expected return =(0.02244)+(0.12096)+ (-0.0048)

Expected return=0.1386 ×100

Expected return=13.86%

Therefore the Expected return would be 13.86%

6 0

4 years ago

Which of the following statements regarding EBITDA is correct: Select one: a. A defined term in GAAP b. None of the listed answe

andrezito [222]

Answer:

b. None of the listed answers

Explanation:

EBITDA means earnings before interest , tax, depreciation and amortization, whereas operating is the gross profit minus all operating costs, since depreciation and amortization, which are operating costs would have been deducted in arriving at EBITDA, it means operating income and EBITDA are not the same.

Net income is gross profIt minus interest,tax ,depreciation and amortization, hence, it is a far cry from EBITDA.

Note also EBITDA is not recognized by generally accepted accounting principles (GAAP) as a performance measure

4 0

3 years ago