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julsineya [31]
4 years ago
12

Create a Crow's Foot ERD for each of the following descriptions. (Note: The word many merely means "more than one" in the databa

se modeling environment.)A. Each of the MegaCo Corporation's divisions is composed of many departments. Each department has many employees assigned to it, but each employee works for only one department. Each department is managed by one employee, and each of those managers can manage only one department at a time.B. During some period of time, a customer can rent many videotapes from the BigVid store. Each of the BigVid's videotapes can be rented to many customers during that period of time.C. An airliner can be assigned to fly many flights, but each flight is flown by only one airliner.D. The KwikTite Corporation operates many factories. Each factory is located in a region. Each region can be "home" to many of KwikTite's factories. Each factory employs many employees, but each of those employees is employed by only one factory.E. An employee may have earned many degrees, and each degree may have been earned by many employees.

Business
1 answer:
Lubov Fominskaja [6]4 years ago
7 0

Answer:

Explanation:

an entity relationship diagram is a graphical representation of entities and their relationship to each other. it is usually used for business needs.

see more information to the question below in the attachment.

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Journalize Closing Entries Using the information from the Adjusted Trial Balance, journalize the closing entries for the end of
guajiro [1.7K]

Answer:

Smart Touch Learning

Closing Journal Entries:

Debit Service Revenue $50,000

Credit Income Summary $50,000

To close service revenue to income summary.

Debit Income Summary $12,400

Credit Depreciation Expense $6,500

Credit Interest Expense $300

Credit Rent Expense $4,600

Credit Salaries Expense $1,000

To close expenses to the income summary.

Debit Income Summary $37,600

Credit Retained Earnings $37,600

To close income summary to retained earnings.

Debit Retained Earnings $37,600

Credit Dividends $33,700

To close dividends to retained earnings.

Explanation:

a) Data and Analysis:

SMART TOUCH LEARNING

Adjusted Trial Balance

December 31, 2016

Accounts and Explanation       Debit    Credit

Account Title Balance              Debit    Credit

Cash                                        19,800

Accounts Receivable             10,900

Office Supplies                           200

Prepaid Rent                          13,200

Furniture                                23,100

Accumulated Depreciation                  7,900

Accounts Payable                                2,600

Salaries Payable                                     600

Interest Payable                                     200

Unearned Revenue                           5,000

Notes Payable                                  12,000

Common stock                                35,000

Dividends                         33,700

Service Revenue                            50,000

Depreciation Expense      6,500

Interest Expense                  300

Rent Expense                   4,600

Salaries Expense              1,000

Total                               113,300   113,300

Analysis of Closing Entries:

Service Revenue $50,000 Income Summary $50,000

Income Summary $6,500 Depreciation Expense $6,500

Income Summary $300 Interest Expense $300

Income Summary $4,600 Rent Expense $4,600

Income Summary $1,000 Salaries Expense $1,000

Income Summary $37,600 Retained Earnings $37,600

Retained Earnings $37,600 Dividends $33,700

5 0
3 years ago
If 7000 dollars is invested in a bank account at an interest rate of 7 per cent per year, Find the amount in the bank after 14 y
Harlamova29_29 [7]

Answer:

1. Interest compounded annually = $18,049.74

2. Interest compounded quarterly = $18,493.77

3. Interest compounded Monthly = $18,598.16

4. Interest compounded continuously = $18,651.19

Explanation:

First let me state the formula for compound interest:

The future value of a certain amount which is compounded is the total amount (Principal + interest) on the amount of money, after compound interests have been applied, and this is shown below:

FV = PV (1+\frac{r}{n} )^{n*t}

where:

FV = Future value

PV = Present value = $7,000

r = interest rate in decimal = 0.07

n = number of compounding periods per year

t = compounding period in years = 14

For interests compounded continuously, the Future value is given as:

FV = PV × e^{r*t}

where

e is a mathematical constant which is = 2.7183

Now to calculate each on the compounding periods one after the other:

1. Interest compounded annually:

here n (number of compounding periods annually) = 1

Therefore,

FV = 7,000 × (1+\frac{0.07}{1})^{14}

FV = 7,000 × 1.07^{14} = $18,049.74

2. Interest compounded quarterly:

here, n = 3 ( there are 4 quarters in a year)

FV = 7,000 × (1+\frac{0.07}{4} )^{4*14}

FV = 7,000 × 1.0175^{56} = $18,493.77

3. Interest compounded Monthly:

here n = 12 ( 12 months in a year)

FV = 7,000 × (1+\frac{0.07}{12} )^{12*14}

FV = 7,000 × 1.005833^{168} = $18,598.16

4. Interests compounded continuously:

FV = PV × e^{0.07 * 14}

FV = 7,000 × 2.66446 = $18,651.19

3 0
3 years ago
What happens on the money balances market (the demand and supply for money) when the Federal Reserve conducts an open market pur
Papessa [141]

Answer:

Increased Money supply and decreased rates

Explanation:

When the Federal reserve buys the bonds on the Open market operations, the cash is disbursed by the Fed to the seller of bonds which in case increases the money that is supplied in the market and hence the quantity of money held by general public. The interest rate will ultimately decrease as the money supply is more and people tend to spend more than save.

Hope this clear things up.

Goodluck.

8 0
4 years ago
Read 2 more answers
If the manufacturer of Cool Whip were to introduce an orange-flavored Cool Whip and still continue to produce all of its other C
AlexFokin [52]

Answer:

B. Line extension

Explanation:

Product Line Extension

This involves the use of an already established brand name, in this case, cool whip for a new item (orange flavored cool whip) in the same product category. It's the production of a new product that is a little different to a company's existing products. The differences the new product usually has from the existing products may be in the line of new flavour, colors, product size, added ingredients and so on.

A popular example of this is Coke and Pepsi releasing Diet Coke and Pepsi respectively. Adding a new product to their existing range of products.

5 0
3 years ago
michael porter proposed that business-level strategies originate with the primary competitive forces in the firm’s environment;
masya89 [10]

According to <em>Michael Porter</em>, the primary competitive forces are:

  1. The threats of new market players
  2. The threat of substitute products or services
  3. Power of suppliers
  4. Power of customers
  5. Industry rivalry

1. The threats of new market players:

  • It is the threat that corresponds to the growth of a certain market, its profitability and differentiation of your product or service in relation to competitors.

2.The threat of substitute products or services:

  • It is the analysis of products that partially or totally replace your product or service and cause your market share to decrease.

3. Power of suppliers:

  • It occurs when suppliers have a monopoly on the market and dictate market rules, defining prices and terms.

4. Power of customers:

  • When the customer is able to negotiate prices and terms with a company, as in a segment with many suppliers and few customers.

5. Industry rivalry

  • The level of competition between a market that has several competitors, which will lead companies to develop competitive advantages to conquer a larger market share.

Therefore, these are Porter's 5 forces, that is, it is a methodology that aims to analyze the level of competitiveness in the market, relationship and impact on a business, helping a company to understand its strengths and weaknesses to become competitive and profitable in the long run.

Learn more here:

brainly.com/question/12587672

8 0
3 years ago
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