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harina [27]
4 years ago
8

Users at Universal Containers (UC) adhere to the following process for expense reports: Create the expense report. Attach receip

ts in an Expenses app. Send the report to the accountant to review and approve. An Administrator needs to enable this App for Salesforce Mobile.What should the Administrator consider from the User's perspective? A. A user can utilize Search, create list views, and receive record push notifications from Chatter.B. A user can search Salesforce Records, attach receipts as photos, and approve records from Chatter.C. A user can create records, attach receipts as photos, and submit for approval.D. A user can create list views, attach receipts as photos, and submit records for approval.
Business
1 answer:
riadik2000 [5.3K]4 years ago
8 0

Users at Universal Containers (UC) adhere to the following process for expense reports: Create the expense report. Attach receipts in an Expenses app. Send the report to the accountant to review and approve. An Administrator needs to enable this App for Salesforce Mobile.The Administrator consider the following from the User's perspective

<u>(D) Users can create list views, attach receipts as photos, and submit records for approval.</u>

Explanation:

The app users will not the get the permission to either edit or create a record they can only view the record .So the user can only create a list view of the record ,then it can attach the receipt as a photo an dwill submit the record for the further approval.

We need to know that in the other option mentioned the users can neither approve a record,or create a record

So the answer for the above mentioned question is <u>(D) Users can create list views, attach receipts as photos, and submit records for approval.</u>

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Mary, Ann, and Beth are partners. Their capital balances​ are, ​; ​; and ​, respectively. As per the partnership​ agreement, Mar
77julia77 [94]

Complete Question:

Mary, Ann, and Beth are partners. Their capital balances are $23,000, $41,000 and $30,000 respectively As per the partnership agreement Mary receives a profit share of 2/9, Ann has 4/9, and Beth has 39 Beth withdraws from the partnership by receiving $23.000 What will be the impact of this transaction on the journal entries?

A. Cash will be debited for $30,000

B. Mary. Capital will be debited for S 7,000

C. Ann, capital will be credited for $7,000

D. Beth, Capital will be debited for $30,000

Answer:

D. Beth, Capital will be debited for $30,000

Explanation:

The entry would be reduction in capital by $30,000 because his investment is sold for $23,000 and the remainder $7,000 would be profit for two remaining partners and would be shared with their respective ownership.

The entry is as under:

Dr Beth Capital Account $30,000

Cr               Mary Capital A/c              $2,333            (1/3) of $7,000

Cr               Ann Capital A/c                $4,667            (1/3) of $7,000

Cr              Cash Account                    $23,000

Hence the option D is correct here.

Option A is incorrect because cash wasn't debited with.

Option B is incorrect because Mary capital wasn't debited, it was credited.

Option C is also incorrect because Ann's capital was credited but with (2/3) share.

5 0
3 years ago
Firm A is very aggressive in its use of debt to leverage up its earnings for common stockholders, whereas Firm NA is not aggress
kolezko [41]

Answer:

Kindly check the because my below submission is water tight

Explanation:

First and foremost, we need to determine the net income for both companies bearing in mind that the for firm A interest expense is 12% of debt capital whereas debt capital is 50% of total capital of $180,000 since the  debt ratio(debt/total capital) of firm of Firm A is 50% and 0% for Firm NA

EBIT=$40,000

tax rate=35%

Firm A:

Debt capital=50%*$180,000=$90,000

Equity=50%*$180,000=$90,000

interest expense=$90,000*12%

interest expense=$10,800

Earnings before tax=$40,000-$10,800=$29,200

net income=earnings before-tax*(1-tax rate)

net income=$29,200*(1-35%)

net income=$18,980

return on equity=net income/equity

return on equity=$18,980/$90,000

return on equity=21.09%

Firm NA:

Equity=$180,000

debt=0%

EBIT=$40,000

no debt, no interest expense

net income=$40,000*(1-35%)

net income=$26,000

return on equity=$26,000/$180,000

return on equity=14.44%

ROEA - ROENA=21.09%-14.44%=6.65%

5 0
3 years ago
When using the periodic system the physical inventory count is used to determine Select one: a. both the cost of the goods sold
AlexFokin [52]

Answer:

a. both the cost of the goods sold and the cost of ending inventory.

Explanation:

The physical count is used in the periodic inventory system to calculate the amount of ending inventory. However the cost of goods sold can be derived from using the ending inventory count. Suppose we have ending inventory of 100 units and Purchases were 500 units  Also there were no beginning inventory units so the Cost of goods Sold can be calculated as

Cost of Goods Sold= Beginning Inventory Add Purchases Less Ending Inventory

Cost of Goods Sold=  0 + 500- 100= 400

8 0
3 years ago
Smart Watch Company reported the following income statement data for a 2-year period.
Ronch [10]

Answer and Explanation:

a. The preparation of the correct income statement is as follows:

<u>Year                                   2019                      2020 </u>

Sales revenue                $220,000               $250,000

Cost of goods sold

Beginning inventory       $32,000                 $38,000

Add: Costs of goods

purchased                       $173,000               $202,000

Cost of goods available for sale $205,000     $240,000

Less: Ending inventory   -$38,000                    -$52,000

($44,000 - $6,000 )

Cost of goods sold           $167,000                  $188,000

Gross profit                       $53,000                   $62,000

b. The cumulative effect is

Incorrect gross profit = $59,000 + $56,000 = $115,000

Correct gross profit = $53,000 + $62,000 = $115,000

Net effect would be zero

8 0
3 years ago
What are some ways to protect intellectual property
VikaD [51]
Patent, copyright are two.
7 0
3 years ago
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