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olchik [2.2K]
3 years ago
8

Janice owns a firm that provides accounting services to a number of small businesses in the area. Her firm processes payroll, pr

epares quarterly payroll tax returns, and provides tax consulting services. Janice is a(n) _______ accountant.
Business
1 answer:
Sloan [31]3 years ago
8 0

Answer:

Janice is a public accountant

Explanation:

Public accounting refers to a business that provides its services to other firms at large. By Janice being the owner of such firm she is referred to an accountant that provides her services to the public and she can also be referred to as a certified public accountant  

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Sam’s Appliance Outlet has variable expenses of 40% of sales. The manager reported monthly fixed expenses of $270,000. The month
solong [7]

Answer:

$125,000

Explanation:

total sales = ?S

variable expenses = S x 40%

fixed costs = $270,000

operating income = $75,000

S - 0.4S - $270,000 = $75,000

0.6S = $75,000 + $270,000 = $345,000

S = $345,000 / 0.6 = $575,000

total sales = $575,000

margin of safety = total sales - break even point

break even point = $270,000 / 0.6 = $450,000

margin of safety = $575,000 - $450,000 = $125,000

The margin of safety represents how much can a company's sales can fall until it reaches the break even point.

7 0
3 years ago
In response to some recent customer complaints about poor​ service, francesca prepares a training presentation and manual for cu
densk [106]
<span>control function of communication.
  The functions of communication in an organization are to inform, persuade, and motivate. The second function of communication is the persuasion of employees through source credibility, emotional appeal, and social and ego needs.</span>
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3 years ago
Seattle bank's start-up division establishes new branch banks. each branch opens with three tellers. total teller cost per branc
Setler79 [48]
<span>For a branch that processes 60,000 transactions, the total teller cost is $1.6 per transaction. At 70,000 transactions, the teller cost is $1.37 per transaction. At 80,000, it's $1.2, and at 90,000, it's $1.06. The teller cost is fixed, as it's always $96,000, but the transaction number is variable, as it changes.</span>
7 0
2 years ago
Assume that the short-run cost and demand data given in the tables below confront a monopolistic competitor selling a given prod
noname [10]

Answer:

The correct answer is $90.

Explanation:

Profit maximization is one of the pillars of economic theory, explaining how companies seek to achieve a high level of profit to maximize their wealth and benefits, just as individuals do with their level of utility.

This concept is especially important in the microeconomic study, as it is a pillar of multiple economic models. This happens because maximizing the wealth or welfare level is a basic principle that companies follow when facing a certain economic activity. Profit maximization is the economic objective of companies, in order to increase the value of the company. This increase in the value of the company is what the shareholders and investors are looking for, which expect their investment in the company to be profitable.

4 0
2 years ago
6. If negative float appears on a partial path (until certain activity), the most likely explanation is: a. One or more activiti
mixer [17]

Answer:

Negative Float on a Partial Path:

c. The project is meeting its expected completion date but a certain activity/ event on that path is not meeting its expected completion date.

Explanation:

Float is the quantification of delays in a project.  Negative float means that there is a delay exceeding the intended or allowed float by an ascertainable time.  This means that float is about the time when an activity takes longer than originally planned.  Some projects have inbuilt standard float which had been computed based on past experience of similar projects, with some allowances made for different expected scenarios.

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3 years ago
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