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Murljashka [212]
3 years ago
6

Importance of completing client records correctly

Business
1 answer:
oksian1 [2.3K]3 years ago
6 0
The importance is particulalrly acute if your career consists of serving 
those clients, i.e., if that's how you make your living. If that's the case, 
then client records must be completed correctly, because if you don't, 
then it's only a matter of time before one of your mistakes is discovered 
and you find yourself in deep doo doo.  

Depending on exactly what kind of business you are in, correcting your
mistake might cost you big bucks.  But whether or not it costs you anything, 
the news that you don't always complete your clients' records correctly will 
spread like wildfire throughout your market of potential clients, and you will 
soon be out of business because you have no more clients. (They have all 
taken their business to somebody else.)  

You'll then be out on the street looking for another way to make a living, and 
wherever you go, your reputation for sloppy work and inaccuracy will ride into 
the employment interview on your back.  You may have to start at the bottom 
again, settling for a job where you have no clients ... and I can't even think of 
a job like that just now. 
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If consumption expenditures are $500 million, net investment is $100 million, depreciation equals $5 million, imports are $50 mi
erik [133]
Your answer is........C) $830 million.
8 0
3 years ago
The LeMond Corporation just purchased a new production line. Assume that the firm planned to depreciate the equipment over 5 yea
hammer [34]

Answer:

c. LeMond's net fixed assets as shown on the balance sheet will be higher at the end of the year.

Explanation:

Provided information,

There is a purchase of new production line. On which the company plans to charge depreciation as per straight line method for 5 years. As per the recent amendment the company has to charge depreciation fr 7 years under straight line method.

Thus, depreciation per year will be decreased.

As depreciation is an expense which is going to decrease with increase in duration, therefore, income will increase and accordingly taxes will increase.

Also the net balance of fixed assets will be higher, as depreciation is less.

Therefore, correct statement is

c. LeMond's net fixed assets as shown on the balance sheet will be higher at the end of the year.

8 0
3 years ago
Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a(n) ______ strategy.
IRINA_888 [86]

Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.

<h3>What is multinational enterprise?</h3>

Multinational enterprise are International organization or cooperation with two or more countries in the chain of operation.

They also involve in production of goods and services.

Therefore, Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.

Learn more on cooperation here

brainly.com/question/1669538

7 0
2 years ago
QUESTION 24<br> More communication is always better.<br> O True<br> O False
azamat

Answer:

true

Explanation:

Communication helps understanding people better removing misunderstanding and creating clarity of thoughts and expression.

3 0
3 years ago
Union Local School District has bonds outstanding with a coupon rate of 4.9 percent paid semiannually and 20 years to maturity.
RUDIKE [14]

Answer:

Ans. Price of the bond is $9,250.57

Explanation:

Hi, first we need to establish the semi-annual coupon of the bond and the semi-annual discount rate (YTM semi-annually)

Coupon=10000*(4.9%/2)= $245

To turn the annaul YTM to semi-annual, we have to use the following equation

YTM(semi-annual)=(1+YTM)^{\frac{1}{2} } -1

YTM(semi-annual)=(1+0.056)^{\frac{1}{2} } -1=0.0276

After all this, we are ready to find the price, here is the math of this.

Price=\frac{245((1+0.0276)^{39}-1) }{0.0276(1+0.0276)^{39} } +\frac{(245+10000)}{(1+0.0276)^{40} } =9250.57

Best of luck.

4 0
3 years ago
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