1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
andreyandreev [35.5K]
3 years ago
8

Freeman and Associates is a​ medium-sized construction company specializing in​ high-end custom homes. The bookkeeper handles al

l​ orders, approvals,​ invoices, and payments manually. Which of the following will help the company implement a more streamlined and faster approval system for its financial​ activities?
(a)- Integrating the modules in the financial system
(b)- Dis-integrate the modules in the financial system
(c)- Adding new modules in financial system
Business
1 answer:
ololo11 [35]3 years ago
3 0

Answer:

Answer is a.

Explanation:

The key word here is "streamlined" system. The aim here is to make the company more efficient and effective by  employing faster or simpler working methods, which many times means utilizing more technology or software. So we need to focus on automating a task and eliminate any type of human intervention. As a result we have to integrate the modules in the financial system.

You might be interested in
What process has made it possible to create load-bearing glass?
PtichkaEL [24]

Answer:

tempering

Explanation:

i was searching g o o g l e and it took a while to figure it out i am sure this is the correct one.

5 0
3 years ago
Financial statement account identification mark each of the accounts listed in the following table as follows.
Triss [41]

Answer:

Account name                         statement(1)                     type of account(2)

Accounts payable                      BS                                        CL

Accounts receivable                  BS                                          CA

Accruals                                     IS and BS                             income and SE        

Accumulated amortization        BS                                       FA

administrative expenses            IS                                      E

Buildings                                       BS                                   FA

Cash                                              BS                                  CA

Common shares                           BS                                    SE

Cost of goods sold                     IS                                       E                        

Amortization                                 BS                                     E

Equipment                                       BS                                 F ASSET

General expenses                           IS                                     E

Intrest expenses                                IS                                     E

Account name                        Statement(1)                 type of account(2)

Inventories                                   BS                                   CA

Land                                             BS                                    FA

long term debts                          BS                                    CL

Machinery                                  BS                                       FA

marketable securities               BS                                      CA

Line of credit                              BS                                             LTD

operating expense                    IS                                           E

Preferred shares                     BS                                      SE

preferred share dividends      BS                                     SE

retained earnings                    BS                                      R

Sales revenue                         IS                                            R

Selling expense                    IS                                                E

Taxes                                         IS                                             E

Vehicle                                     BS                                             FA

 

5 0
3 years ago
Searcy has accounts receivable of $700,000 and an allowance for doubtful accounts of $54,000. On January 24, 2020, it is learned
raketka [301]

Answer:

d. Credit to Accounts Receivable.

Explanation:

Hutley Inc. is not going to pay the $8,000 to Searcy, therefore Searcy will make the following entry to write off the balance from Account Receivables.

Debit: Allowance for Doubtful Accounts $8,000

Credit: Accounts Receivables $8,000

To write-off Hutley Inc. receivables.

5 0
3 years ago
You’ve borrowed $23,072 on margin to buy shares in Ixnay, which is now selling at $41.2 per share. You invest 1,120 shares. Your
BlackZzzverrR [31]

Answer:

(a) Since the percentage margin is more than maintenance margin, there would be no call

(b) A margin call would be received when the price is $15.26

Explanation:

(a) Total investment = $23,072 × \frac{100}{50} = $46,144

Total shares = Total investment ÷ share price

= $46,144 ÷ $41.2 = 1,120

Value of share in market = new price × number of shares

= $41 × 1,120

= $45,920

Value of equity = Value of share in the market - borrowed cash

= $45,920 - $23,072

= $22,848

Percentage margin = Value of equity ÷ Value of shares

= ($22,848 ÷ $45,920) × 100%

= 49.76%

(b) Total number of shares = 1,120

Assumed value of shares = $1,120X

Borrowed fund = $23,072

Value of equity = $1,120X - $23,072

Margin = Value of equity ÷ Value of shares

0.35 = ($1,120X - $23,072) ÷ $1,120X

392X = $1,120X - $23,072

1512X = $23,072

X = $15.26

7 0
2 years ago
You are faced with the probability distribution of the HPR on the stock market index fund given in Spreadsheet 5.1 of the text.
natita [175]

Answer:

Follows are the solution to this question:

Explanation:

The price of one share plus one choice for the index fund is $112. Its distribution of HPR probabilities on the portfolio is:  

\boxed{\left \begin{array}{cccc} \text{economy states} & \text{Probability}& \text{Endig price+Put+Dividend}&HPR\\ Excellent &0.25& \$ 131.00& \frac{(131-112)}{112} = 17\% \\Good &0.45&\$ 114.00& \frac{(114-112)}{112} = 1.8 \%  \\poor &0.25& \$ 113.00& \frac{(113.50 -112)}{112} = 1.3 \%  \\ Crash&0.5& \$ 112.00& \frac{(112-112)}{112} = 0.0 \% \end{array}\right} The chances of dollar return distributions on the CD plus call option can be defined in the attached file please find it:

8 0
3 years ago
Other questions:
  • Loughry Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The
    6·1 answer
  • Wytes Pharmaceuticals wants to shift its list of inventory to a cloud so that its different branches can access it easily. The c
    9·1 answer
  • The restocking level increases as the service level falls. <br> a. True <br> b. False
    6·1 answer
  • PLEASE HELP!
    6·1 answer
  • The inventory data for an item for November are:
    10·1 answer
  • In July, Harry's shoes sold 8 pairs of purple crocs for $75 each. On the first day of August, he lowered the price of purple cro
    7·1 answer
  • In a community property state, John marries Patricia. Prior to the marriage John owned an SUV. During the marriage, John bought
    11·1 answer
  • The primary purpose of the trial balance is to: 1.prove the equality of the debit and credit amounts after posting. 2.transfer j
    8·1 answer
  • Hines Cosmetic Co. sold beauty preparations nationally to beauty shops at a standard or fixed- price schedule. Some of the shops
    11·1 answer
  • Bens Corporation has three service departments (Repairs, HR, and IT) and two production departments (M1 and M2). The following u
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!