Answer:
1.The parties involved can ask the government to raise the allocation of funds to the student community service organization
2. Volunteers will be available to help out in the project
3. About $10000 will be the project cost(The cost of starting and finishing the project to meet the objectives and demands at hand)
Explanation:
Planning of a large party or an event is called a project. This is because, it was a specific party for a specific purpose and It was held on a specific date and time(beginning and end).
A project must have an objective . It must have stakeholders. This whose decision will greatly affect the outcome of the project
The following are the assumption made by the stakeholders of the project:
1.The parties involved can ask the government to raise the allocation of funds to the student community service organization
2. Volunteers will be available to help out in the project
3. About $10000 will be the project cost(The cost of starting and finishing the project to meet the objectives and demands at hand)
The needs identified are:
-Money to support food purchasing.
-Grow the volunteer force.
-Food donations.
-To teamwork and synergy with a common goal.
Tracing transactions through the information system relevant to financial reporting.
Financial reporting is the process of documenting and speaking monetary activities and performance over particular time intervals, usually on a quarterly or every year basis. corporations use monetary reports to prepare accounting data and document on contemporary economic status.
Financial reporting includes the subsequent: external economic statements (earnings announcement, statement of comprehensive earnings, balance sheet, declaration of coins flows, and declaration of stockholders' equity) The notes to the financial statements.
Financial reporting is crucial for management to make informed business decisions primarily based on information of the company's financial health. potential investors and banks may also use your enterprise's financial reporting to decide if they need to make investments or loan you money.
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Assume that an investor owns 30% of an investee, and accounts for its investment using the equity method. At the beginning of the year, the Equity Investment was reported on the investor's balance sheet at $300,000. During the year, the investee reported net income of $114,000 and paid dividends of $20,000 to the investor. In addition, the investor sold inventory to the investee, realizing a gross profit of $48,000 on the sale. At the end of the year, 20% of the inventory remained unsold by the investee.
Answer:
1. all else is held equal
2. quantity supplied
Explanation:
Given economics terminologies and definitions, it can be concluded that any given demand or supply curve is based on the ceteris paribus assumption that ALL ELSE IS HELD EQUAL
Also, it can be easily concluded that when economists talk about supply, they are referring to a relationship between the price received for each unit sold and the QUANTITY SUPPLIED.
Answer:
A. $575,000 + $125,000 - $560,000
Explanation:
According to the ending inventory report, cost of sales would be calculated as follow;
Cost of sales = Beginning inventory + Purchase - Ending inventory
Cost of sales = $575,000 + $125,000 - $560,000
