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Svetradugi [14.3K]
3 years ago
9

In partnership with American Express, Porter Cable requests that all employees at the rank of supervisor and above apply for a c

orporate credit card to be used for pay for travel, training and similar expenses. Ima Krimnel, the manager of the distribution center, was issued a corporate card and used it to take her husband to Hawaii for their 20th wedding anniversary. If Krimnel does not pay the charges, is Porter Cable liable? Why or why not?
Business
1 answer:
Deffense [45]3 years ago
5 0

Answer:

Yes, Porter cable is liable

Explanation:

  • On the occasion of the 20th wedding anniversary, a corporate card was issued to distribution center manager Ima Krimmel
  • Yes, Porter Cable will be liable if Ima krimnel agrees to convert their employees into cognizants if the charges are not paid. They will be liable if American Express requests a contingency claim.
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Kevin Pinker is a freelance computer programmer who writes computer algorithms for companies such as SoftStar and BlueHill. Soft
Sphinxa [80]

Answer:

D) Abundon

Explanation:

Based on the scenario being described within the question it can be said that the marketing intermediary in this chain is Abundon. This is because Abundon is acting the company that is connecting the manufacturer's (SoftStar and BlueHill) product to the customer, therefore acting as the go-between both of them. This is known as the middle-man or intermediary.

4 0
2 years ago
Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021:
nignag [31]

Aug. 1 Inventory On Hand—2,000 Units; Cost $5.70 Each.

Second sales assumed to be 7,000 units at a price of $11.40 each.

Answer:

Altira Corporation

August 2021 Ending Inventory & Cost of Goods Sold:

1. Ending Inventory = 9,000 units at $5.88 per unit = $52,920

2. Cost of goods sold =

9,600 x $5.87 = $56,352

7,000 x $5.95 =  $41,650

16,600 units   =  $98,002

Explanation:

a) Calculations:

                                         Units           Unit Cost       Total Cost

Beginning Inventory      2,000            $5.70              $11,400

Purchases                     12,000            $5.90            $70,800

Weighted average cost = ($11,400 + $70,800) / 14,000 = $5.87

Sales                             (9,600)          $12.00                               $115,200

Units remaining             4,400            $5.87             $25,828

Purchases                      7,200             $6.00            $43,200

Weighted average cost = ($25,828 + $43,200) / 11,600 = $5.95

Sales                             (7,000)            $11.40                              $79,800

Units remaining            4,600             $5.95             $27,370

Purchases                     4,400             $5.80             $25,520

Weighted average cost = ($27,370 + $25,520) / 9,000 = $5.88

Ending Inventory        9,000               $5.88             $52,920

b) The 'Average Cost Method' or the Weighted Average Cost Method assumes that the cost of inventory is based on the average cost of the goods available for sale during the period. To compute the average cost, divide the total cost of goods available for sale by the total units available for sale.

6 0
3 years ago
Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5. 2%
PSYCHO15rus [73]

Premium is often paid by people based on some kinds of services offered.

From the picture attached, we can see Royce' premiums for the previous year, which were;

  • Bodily injury $22.50
  • Property damage $144.75
  • Collision $275.75
  • Comprehensive $100

If you add all together, the total premium of the policy was $543

Note that the premiums will increase by 5.2%,

therefore, the new total premium will be = $543 x 1.052 = $571.24

Learn more from

brainly.com/question/13880376

7 0
2 years ago
A. Money taken from your gross pay that you have no control over
zloy xaker [14]
1. Gross income - h. Total income before any deductions are taken

2. Net income - f. Take–home pay

3. Voluntary salary deduction - j. Money you have given

4. Involuntary salary deduction - a. Money taken from your gross pay that you have no control over

5. Fixed expenses - e. Expenditures that are constant from one time period to another

6. Discretionary spending  - b. Expenditures that are under your control

7. Fixed income - i. Income that does not vary from one time period to another

8. Principal - d. The initial amount of money that was invested or borrowed

9. Salaried employee - g. Someone who receives a regular salary for employment

10. Insolvent - c. Unable to discharge liabilities or repay debts
4 0
3 years ago
Which statement best describes the AICPA ethics rules relating to a member's failure to file his or her personal tax return in a
Andrej [43]

Answer:

1. The failure to file a personal tax return in a timely manner is usually considered an act discreditable to the profession.

2. Advertising is permitted as long as it is not false or misleading.

Explanation:

It is considered one of the ethics of the AICPA for its members to always file their personal tax return timely. In a case where this is not done, it is considered a discreditable act to their profession. Furthermore, according to the AICPA, as long as what is being advertised portrays true intentions of the organization and does not mislead people, advertising is permitted.

8 0
3 years ago
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