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3 years ago

14

Prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a review of insurance policies an

d payments shows that $900 of unexpired insurance remains at year-end

1 answer:

artcher [175]3 years ago

8 0

Answer:

Insurance expense for the year = $4,700 - $900 = $3,800 Journal...

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Companies whose stocks are listed on the NASDAQ stock exchange have their company name represented by either four or five letter

serious [3.7K]

Answer:

12,338,352 companies

Explanation:

If the companies' names can have either 4 or 5 letters, and teh letters can repeat themselves, then the total number of companies that can be listed on NASDAQ is:

4 letter names = 26 x 26 x 26 x 26 = 26⁴ = 456,976

5 letter names = 26 x 26 x 26 x 26 x 26 = 26⁵ = 11,881,376‬

total number of companies listed = 456,976 + 11,881,376‬ = 12,338,352

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3 years ago

Review the following conversation: Marcy: Dana, can I talk to you for a couple of minutes? We’ve been roommates for two years an

babunello [35]

Answer:

Coaching.

Explanation:

Coaching is demonstrated as the method of training in which a more experienced or proficient person provides suggestions and guidance to an individual(employee) with an aim to build and develop his/her skills, competence, performance, and career. <u>The managers are required to be efficient coaches as it helps them in promoting better engagement in the team and enhancing productivity as well as customer support of the organization</u>. It helps the managers to develop the skills in employees and boost their self-confidence which makes them able to overcome challenges effectively, improve their performance, and reach desired goals.

7 0

3 years ago

Identify the goal of outsourcing governance procedures. Group of answer choices To report on the fairness of the presentation of

VashaNatasha [74]

Answer:

To ensure that the outsourcing initiative succeeds, even as personnel, business needs, and operating conditions change

Explanation:

Outsourcing

This is simply regarded as a form of an arrangement through which one company in contact with another organization mainly to give or provide services that ordinarily could be provided by company employees.

Reasons why organizations outsource

1. To cut costs

2. To improve focus

3. To upgrade capabilities and services

4. Fasten or accelerate time to market etc.

There are several issues associated with outsourcing. They includes:

1. There is the problem of decreasing employee Morale

2. Quality problems

3. Legal issues

3. Negative impact on customer relationships and satisfaction

4. Data security and integrity issues etc.

The objective of outsourcing is to save money and/or provide better service. It aim to lessen or free up development staff to cutoff peaks and valleys in the staffing cycle.

7 0

3 years ago

Jarvey Corporation is studying a project that would have a ten-year life and would require a $450,000 investment in equipment wh

Mnenie [13.5K]

Answer:

3 years

Explanation:

Since the income tax is ignored, so the operating cash flows would be

= EBIT + Depreciation - Income tax expense

= $105,000 + $45,000 - $0

= $150,000

The operating cash flows are same for ten years

And, the initial investment is $450,000

So, the payback period would be

= Initial investment ÷ Net cash flows

= $450,000 ÷ $150,000

= 3 years

4 0

3 years ago

Concrete Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipment; Account

Shalnov [3]

Answer:

Oct. 1

Rent Expense $2,800 (debit)

Cash $2,800 (credit)

Oct 3.

Advertising Expense $525 (debit)

Cash $525 (credit)

Oct 5.

Supplies $1,250 (debit)

Cash $1,250 (credit)

Oct 6.

Office Equipment $9,300 (debit)

Accounts Payable $9,300 (credit)

Oct 10.

Cash $16,600 (debit)

Accounts Receivable $16,600 (credit)

Oct 15.

Accounts Payable $3,720 (debit)

Cash $3,720 (credit)

Oct 27.

Miscellaneous Expense $590 (debit)

Cash $590 (credit)

Oct 30.

Utilities Expense $275 (debit)

Cash $275 (credit)

Oct 31.

Accounts Receivable $50,160 (debit)

Fees Earned $50,160 (credit)

Oct 31.

Utilities Expense $830 (debit)

Cash $830 (credit)

Oct 31.

Capital; Jason Payne $1,700 (debit)

Cash $1,700 (credit)

Explanation:

Transactions are recorded when they occur or incur according to Matching Principle.

Note ; Cash withdrawals reduce the owners capital account and decreases the assets of cash.

6 0

4 years ago