Answer:
March 1
Dr Rent Expense$4,000
Cr Cash $4,000
03
Dr Advertising Expense $1,350
Cr Cash $1,350
05
Dr Supplies $1,800
Cr Cash$1,800
06
Dr Office Equipment $11,500
Cr Account Receivable$11,500
10 Dr Cash $8,600
Cr Account Payable$8,600
15
Dr Account Payable$3,180
Cr Cash$3,180
27
Dr Miscellaneous Expense$700
Cr Cash$700
30
Dr Miscellaneous Expense$550
Cr Cash$550
31
Dr Account receivable$37,200
Cr Fees Earned$37,200
31
Dr Utilities Expense$830
Cr Cash$830
31
Dr Dividend$2,000
Cr Cash$2,000
Explanation:
March 1
Dr Rent Expense$4,000
Cr Cash $4,000
03
Dr Advertising Expense $1,350
Cr Cash $1,350
05
Dr Supplies $1,800
Cr Cash$1,800
06
Dr Office Equipment $11,500
Cr Account Receivable$11,500
10 Dr Cash $8,600
Cr Account Payable$8,600
15
Dr Account Payable$3,180
Cr Cash$3,180
27
Dr Miscellaneous Expense$700
Cr Cash$700
30
Dr Miscellaneous Expense$550
Cr Cash$550
31
Dr Account receivable$37,200
Cr Fees Earned$37,200
31
Dr Utilities Expense$830
Cr Cash$830
31
Dr Dividend$2,000
Cr Cash$2,000
Answer:
According to Hofstede, the extent to which subordinates accept a hierarchical system in a company is known as Power Distance.
Explanation:
Hofstede basically discussed culture and investigated it and came up six different dimensions which a culture can have. Power distance is the dimension of the culture where people follow certain systems and hierarchies of the culture. If in a culture power distance will be higher then the people will be much divided in the castes based on the power, authority and money, like if in an organisation, power distance is higher, then the workers will tend to follow and obey hierarchy very strictly, and there will be much support from the top-level management, decisions will be made fro the top even without taking lower level employees into account. However, if the power distance is low, then there will be frequent sharing of idea, thoughts and support which is the main characteristics of the creative and innovative organisations.
Answer:
Red Inc stock price=$93.75
Yellow Corp stock price=$44.78
Blue company=$36.14
Explanation:
Calculation for What is the stock price
Using this formula
Stock price=D1/(Required return-Growth rate)
Let plug in the formula
Red Inc stock price=3.00/(0.092-0.06)
Red Inc stock price=3.00/0.032
Red Inc stock price=$93.75
Yellow Corp stock price=3.00/(0.127-0.06)
Yellow Corp stock price=3.00/0.067
Yellow Corp stock price=$44.78
Blue company =3.00/(0.143-0.06)
Blue company=3.00/0.083
Blue company=$36.14
Answer:
The dollar amount for ending inventory using the last-in-first-out method of inventory valuation is $50
Explanation:
Using LIFO,last-in-first-out method of inventory valuation,items received last into the store are deemed to be sold first, hence the sales of 10 units on March 1 was the inventory purchased on February 28, leaving the items of inventory purchased on January 3 as closing inventory
value of closing inventory using LIFO=10*$5=$50
Answer:
Business fixed investment
Explanation:
The <u><em>purchase by firms of new capital goods</em></u> such as machinery, factories, and office buildings. (Remember that for the purposes of calculating GDP, long-lived capital goods are treated as final goods rather than as intermediate goods.) Firms buy capital goods to increase their capacity to produce.
