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Lera25 [3.4K]
3 years ago
6

There are clear differences between branch plan and sequel plan decisions, but what causes one type to be chosen over another? P

rovide two examples of each type of plan decisions:
Business
1 answer:
fgiga [73]3 years ago
8 0

Answer:

Find explanation below.

Explanation:

A branch plan is the contingency plan. It is chosen when planning for future possible occurrences. A Sequel plan on the other hand is made based on the outcome of the main plan. Therefore, a Sequel plan is made depending on whether the main plan was successful or unsuccessful.

Examples of Branch plan decisions:

  • A plan to dispatch military forces to aid a fight in another country.
  • Reassigning military personnel to another location.

Examples of Sequel plan decisions:

  • A plan to begin administering relief operations.
  • A plan to return to normal mode of operation, perhaps after a successful war.
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A company has the following liabilities at year end: Mortgage note payable; $16,000 due within 12 months $355,000 Short-term deb
Grace [21]

Answer:

The amount that the company should include in the current liability section of the balance sheet is $16,000

Explanation:

The short-term debt that the company is refinancing with long-term debt is non-current and  deferred tax liability arising from depreciation is also non-current and should be disclosed as such in the Balance sheet after the sub-heading long-term borrowings.

Therefore, The amount that the company should include in the current liability section of the balance sheet is $16,000

4 0
3 years ago
what's the best definition of financial literacy? a. the efficient and effective management of moneyb. the ability to find, eval
san4es73 [151]
Im going to say the answer is A
5 0
3 years ago
A special tax was levied by Downtown City to retire and pay interest on general obligation bonds that were issued to finance the
jonny [76]

Answer:

C. Debt Service Fund.

Explanation:

Dept service funds can be described as monies or reserves which are been used to pay for capitals, interest and certain dept that have accrued by the company and it can cover for any other form of dept owed by the company.

It's existence is put in place to reduce the risk of a debt security for future investors. This can be paid out monthly mid-monthly, quarterly or possibly yearly.

This why the tax on general obligation bonds that has been put upon Downtown city to finance the hall has it receipts in place at the dept service fund office.

5 0
3 years ago
Knowledge Check 02 On February 28, the Jewelry store remits $975 of sales tax collected from its customers to the government. Pr
kodGreya [7K]

Answer:

Please refer to the below

Explanation:

Journal entry as seen below

Feb 28 Sales tax payable Dr $975

Cash Cr $975

Since Jewelry store collected the sales tax from its customers, sales tax account will be debited because it reduces the balance in the account while cash account will be credited because the balance therein increases due to the sales tax collected.

7 0
3 years ago
X-treme Vitamin Company is considering two investments, both of which cost $22,000. The cash flows are as follows: Year Project
olga2289 [7]

Answer:

0.88 year and 1 year

Explanation:

The computation of the payback period for Payback period for Project A and Project B is shown below:

Payback period = Initial investment ÷ Net cash flow

For Project A

Initial investment = $22,000

Year 1 = $25,000

Since the initial investment is less than the annual cash flows so the payback period is

= 0 years + ($22,000 ÷ $25,000)

= 0.88 years

For Project B

Initial investment = $22,000

Year 1 = $22,000

So, the payback period is

= $22,000 ÷ $22,000

= 1 year

4 0
3 years ago
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