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4 years ago

Which of the following is not a typical adjustment made to the income statement for projection purposes?

Business

1 answer:

ankoles [38]4 years ago

7 0

Answer:

The correct answer is b. Adjusting revenues to only include organic revenue growth.

Explanation:

One of the quantitative planning techniques is the projection of financial statements or also called pro forma statements.

The applications that can be had among others are the following:

Know how the year will end for tax purposes in terms of income and deductions in order to make decisions before the end of the year.

Another application will be to know the external financing needs for the period you want to know.

The most common and practical method of projecting financial statements is based on sales.

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g A joint product is: Select one: a. Any product which consists of several parts. b. Any product produced by a company with more

mr_godi [17]

Answer:

The correct answer is letter "D": One of several products produced from a common input.

Explanation:

Joint products are those manufactured by large companies whose production process is the same at an early stage for all the different products being produced, but at a certain stage, called a split-off, the products begin to have their own characteristics.

Since the products initially come from the same input, the costs are allocated in the bundle. After the split-off, the cost of production is allocated to each type of product.

8 0

4 years ago

Patagonia, a multinational sports apparel company, is planning to launch its extreme weather gear product line in Nepal and the

bagirrra123 [75]

Answer: Create a sales plan that aims to enhance initial sales and market penetration with low prices based on high operational costs.

Explanation:

An emerging market is the economy of acountru that's developing and therefore,.such country is becoming more engaged with the global markets due to its growth and expansion as it grows.

The advise that'll be given to Patagonia to omit from consideration in crafting a strategy to enhance future profits in these two emerging markets is to create a sales plan that aims to enhance initial sales and market penetration with low prices based on high operational costs.

6 0

3 years ago

Dr. Shetty is able to drive down the cost of complex medical procedures from $100,000 to $2,000 not by doing one big thing, but

melomori [17]

Answer:

C. Process Innovation.

Explanation:

As Dr. Shetty is able to drive down the cost of complex medical procedures from $100,000 to $2,000 not by doing one big thing, but rather by doing a thousand small things. This approach focuses on driving down the cost of healthcare through process innovation. Process innovation is the mechanism when we implement a new or significantly improved manufacturing method with the help of a new technology in order to remain competitive and meet consumers demands at the same time. We try to solve an already existing issue or reforms an existed process in a different way to generate something with huge benefits, likewise, same is the case here with Dr. Shetty who has reduced the cost of healthcare quite significantly just by changing and improving his production methods.

7 0

3 years ago

On January 1, 2020, Harter Company had Accounts Receivable $139,000,

LuckyWell [14K]

<u>Solution and Explanation:</u>

<u>Date Particulars Post ref. Debit ($) Credit ($) </u>

5- Jan Accounts Receivable 20000

Sales revenue 20000

(To record the sales revenue)

5- Jan Notes Receivable 30000

Accounts receivable 30000

(To record the sales revenue)

18- Feb Notes receivable 8000

Sales revenue 8000

(To record the notes receivable and sales revenue)

20- April Cash 20400

Notes receivable 20000

Interest revenue 400

(To record the collection of notes)

30 april Cash 25000

Notes receivable 25000

(to record the collection of payment due)

25 May Notes receivable 6000

Accounts receivable 6000

( To record the note settlement of past due balance)

18- Aug Cash account 8360

Notes receivable 8000

Interest revenue 360

(To record the collection of notes payment)

25- Aug Accounts receivable 6135

Notes receivable 6000

Interest revenue 135

1-Sep Notes receivable 12000

Sales revenue 12000

(To record the note for amount due)

6 0

3 years ago

Jonas doesn't want to keep his savings in an account because he doesn't want to pay bank fees. Which of the following is an argu

blsea [12.9K]

The correct answer is C. Money is safer in the bank.

Explanation:

The main point or position of Jonas is that savings should be kept in an account due to the costs associated with this. In this context, the only argument that refutes Jonas' position and it is directly related to the main point of Jonas is "Money is safer in the bank" because even if keeping savings in a bank requires to pay fees this guarantees the money will be safe, which does not occur if Jonas keeps his savings at home. Moreover, the safety factor makes the option of the bank better, which refutes Jonas position.

3 0

3 years ago