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umka2103 [35]
4 years ago
10

In a sponsorship proposal, where is it appropriate for organizations to discuss their accomplishments?

Business
1 answer:
sladkih [1.3K]4 years ago
5 0

It is most appropriate to discuss their accomplishments at the Executive summary section. A Executive summary section is a document where organizations show what they are willing to offer on there agreement and the accomplishments they are showing the people they'd like to offer up with.

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Daryl Kirby opened Squid Realty Co. on January 1, 2015. At the end of the first year, the business needed additional capital. On
STALIN [3.7K]

Answer:

There are issues with Revenue recognition, Accrual basis of accounting and Cash basis of accounting.

Explanation:

The ethical issues are important to handle with care in business. The accountant has used accrual basis accounting technique in order to apply for a loan. The revised financial statements are prepared with accrual concept so that the company is successful in procuring loan. The revenue should be recognized when performance obligation is completed and the required services are rendered. The accrual concept states that the transaction should be recorded when it occurs regardless when the cash is actually received. Daryl has been involved in unethical practice as he has instructed his accountant to prepare revised financial statements to portray that the company's performance is good. It is an intention to deceive bank in order to procure loan.

6 0
3 years ago
When the Wright brothers designed their aircraft, they built a wind tunnel to model the aerodynamics of different wing designs.
kodGreya [7K]

Answer:

Endogenous factors (variables that can be controlled when performing a model test):

  • aircraft speed
  • wing angle

The Wright brothers used the wind tunnel to improve the design of their aircraft's wings.

Exogenous factors (variables that cannot be controlled when performing a model test):

  • wind and rain
  • air pressure

No one can control the climate.

8 0
3 years ago
What is ecotourism? Write a short essay that includes the following information:
Lady_Fox [76]

Explanation:

1. For me, ecotourism seeks to protect the natural resources that we have in the present so that future generations have the opportunity to take advantage of them, while promoting social, cultural and economic growth of the local population.  According to other definitions, ecotourism is an environmentally responsible tourist modality. Its purpose is to visit and enjoy relatively unalterable natural areas as well as any cultural manifestation of the present or past, with the active participation of local populations. Ecotourism includes educational and interpretive content and tries to reduce negative impacts on the natural and socio-cultural environment as much as possible.

-<u>The Ministry of Tourism in Mexico defines Ecotourism in the following way: </u>"they are the trips that have the purpose of carrying out recreational activities of appreciation and knowledge of nature through contact with it." From another perspective, it is a tourist product aimed at those tourists who enjoy natural history, and who want to actively support and participate in the conservation of the environment.

-<u>The environmentalist architect and international consultant of Mexican origin, Héctor Ceballos Lascuráin, popularized in 1993 when he was included in the book “Ecotourism. </u>The Potential and the Pitfalls ”:

"Ecotourism is an environmentally responsible tourist modality, consisting of traveling to or visiting natural areas relatively undisturbed in order to enjoy, appreciate and study the natural attractions (landscape, wild flora and fauna) of said areas, as well as any cultural manifestation ( of the present and the past) that can be found there, through a process that promotes conservation, has a low negative environmental and cultural impact and fosters an active and socioeconomically beneficial involvement of local populations. ”

Ecotourism aims to achieve the preservation and maintenance of  natural ecosystems; tourism plays its role as a supplier of oil  economic that directly benefits local residents. Community  will provide their knowledge and services to tourists and they will benefit  economically.

- Ecotourism provides jobs and income to the local population.

-Provide environmental education to tourists.

-Create funds for purchase and supplies for improvement and protection of  natural areas. This is beneficial to attract future tourism.

- Motivates the preservation of the environment and the creation of new  or larger national parks, biosphere reserve, preservation  of forests, recreation areas, beaches and natural attractions.

Third world countries are important recipients of ecotourism. In  Brazil nature trips have become one of the new and more  great markets of economic income of the country. In south-central Africa, the  Rwanda's ecotourism is the third largest source of resources  economic.

6 0
3 years ago
ABC Co. had 600,000 shares of Common Stock, 40,000 shares of Convertible Preferred Stock, and $3,000,000 of 6% Convertible Bonds
AveGali [126]

Answer:

a. Net income for 2021                                               $1,600,000

Less: Preferred dividends                                          <u>$120,000  </u> (40000*$3)

Net income for Common Stockholders                    $1,480,000

Divide by Common Shares outstanding                   <u>600,000 </u>

Basic Earnings per share for 2021                             <u>$2.47      </u>

<u></u>

b. If company's preferred stock were convertible into common stock, diluted earnings per shares will also have to be calculated.

3 0
3 years ago
The following three independent sets of facts relate to contingent liabilities: 1. In November of the current year an automobile
aalyn [17]

Answer:

Situation 1 is a probably contingency. This recall is occurring and can be estimated as costing $2 million. This amount should be charge to the warranties payable and warranties expense accounts.

Date

Particulars

Ref.no

Debit $

Credit $

Warrantee expenses

20,00,000

Warranty payable account

20,00,000

[To record the estimated claims]

Comment

Step 3 of 3

Situation 2 is a reasonable contingency. The costs are possible and there are rough estimates for cleanup but there are also rough estimates about reimbursements for property damage. This situation would be disclosed on the balance sheet.

Situation 3 is a remote contingency. There is a small change that there could be property damage but there is no way to determine how much or what the costs could be. There is no amount marked down for this situation

Explanation:

5 0
3 years ago
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