While many processes remain the same between the two contract types, the primary difference is in the legal powers of the federal government. This authority gives the government unique flexibility in changing contracts to suit its needs.
Coca-Cola implemented enterprise software from Oracle that enabled it to achieve all of the following except reducing the number of employees. Thus the correct answer is D.
<h3>What is Oracle?</h3>
Oracle is a type of software developed as the most flexible and economical method of managing data and applications. Oracle Database created for corporate distributed systems.
The software used in coca-cola enables the organization to improve the business process with the help of standardization. It enables them to respond to market changes that took place immediately and make implementation based on current trends.
It helps them to reduce the cost of raw materials by properly bargaining with the suppliers and bringing material in an economic manner.
Therefore, option D reducing the number of employees is the appropriate option that is excluded by the software.
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Answer:
The Russell Company's net income would be $64,440
Explanation:
The computation of adjusted net income is shown below:
= Net income - office supplies used + service performed for clients - interest accrued to bank
= $66,000 - $2,160 + $2,640 - $2,040
= $64,440
The office supplies are an expense so it is deducted
The service performed is an unearned revenue which is an income so it will be added
And, the interest is accrued to the bank which is also an expense so it will also be deducted. If the question says from the point of the lender, so it will be added.
Hence, the Russell Company's net income would be $64,440
Answer:
c. $146.542
Explanation:
Borrowed amount - $185,000
Interest rate (APY) - 4.35%
Loan term - 30 years
Payement frequency - monthly
Your total interest paid is $146,542.65
Your total principal and interest: $331,542.65
Amount should the company record as an estimate of Bad Debt Expense is $6,200
Explanation:
Net credit sales of Kelton Inc. for the current year = $310,000
The unadjusted credit balance in Allowance for Doubtful Accounts = $525.
Kelton Inc. bad debt losses of = 2% of credit sales in prior periods.
Estimate of Bad Debt Expense = Credit Sales * Bad debit %
- Estimate of Bad Debt Expense = ($310,000 * 2) / 100
- Estimate of Bad Debt Expense = $6,200
Amount should the company record as an estimate of Bad Debt Expense = $6200