All categories

3 years ago

When receiving food, you can refuse to accept when if

Business

1 answer:

aliya0001 [1]3 years ago

5 0

Answer:

When receiving food, you can refuse to accept when if it has a foul odor

Explanation:

Such foul odor makes such food to be rejected because of the health implication as well as it does not equate to the money paid for such services rendered.

You might be interested in

Using Apple as the company, how can this organization benefit from the four business intelligence capabilities? Identify the spe

luda_lava [24]

The four capabilities of a business intelligence can be divided into:

data presentation
data analysis
data ingestion
data foundation.

<h3>What is a business intelligence?</h3>

This refers to the technology that allows analyzing of data and delivering of actionable information that can helps executives, managers and workers make informed business decisions.

The system of business intelligence is vital for business because it allows them to have an insight into what their competitors are doing and to allows informed & educated decisions for plans.

The business intelligence would improve Apple's Customer Service function because it helps to gain better understanding of customers. For instance, it help to predict the future buying behavior of a customer.

In conclusion, the system thus increases the overall customer satisfaction by improving interactions with your customers and understanding their needs.

Read more about business intelligence

brainly.com/question/13339276

#SPJ1

7 0

11 months ago

Which one of the following statements concerning interest rates is correct?

DIA [1.3K]

Where is the statements or answer choices?

6 0

3 years ago

Explain where each of the following items would appear on a multiple-step income statement.

netineya [11]

Answer:

a. Gain on disposal of plant assets will appear under Other Revenues and Gains.

b. Cost of goods sold will still appear under Cost of Goods Sold.

c. Depreciation expense will appear under Operating Expense.

d. Sales returns and allowances will appear under Sales Revenue.

Explanation:

A multiple-step income statement is an income statement in which the net income reported on the bottom line is calculated using multiple subtractions.

Each of the following items would appear on a multiple-step income statement as explained below.

a. Gain on disposal of plant assets

This will appear under Other Revenues and Gains.

Other Revenues and Gains are revenues from auxiliary operations and gains unrelated to the company's operations, which are reported in the non-operating activities section of the income statement. The following are some of them: Interest from receivable, marketable securities, Gains on Disposal of Plant Assets, etc.

b. Cost of goods sold

This will still appear under Cost of Goods Sold.

Cost of Goods Sold are the direct costs of manufacturing the commodities that a business sells. This figure covers the direct cost of the materials and labor that went into making the good. It does not include indirect costs like distribution and sales force expenditures.

c. Depreciation expense

This will appear under Operating Expense.

Operating Expense is a cost that a company incurs as part of its routine operations. Examples of this include rent, marketing, payroll, insurance, monies allocated for research and development, depreciation expense, and among others.

d. Sales returns and allowances

These will appear under Sales Revenue.

This is the amount of money a corporation makes through selling things or providing services minus sales returns allowances and sales discounts.

4 0

2 years ago

At the beginning of the year, Smith Company budgeted overhead of $129,600 as well as 13,500 direct labor hours. During the year,

andre [41]

Answer:

Part 1

$9.60

Part 2

$11,129

Part 3

Journal 1

Debit : Overheads $172,500

Credit : Equipment lease $ 6,800

Credit : Depreciation on building 19,340

Credit : Indirect labor 90,400

Credit : Utilities 14,560

Credit : Other overhead 41,400

<em>Being overheads incurred</em>

Journal 2

Debit : Work In Process $173,760

Credit : Overheads $173,760

<em>Being overheads applied</em>

Part 4

under-applied overheads is $1,260

Part 5

$636,860

Explanation:

Overhead rate = Budgeted Overheads ÷ Budgeted Activity

= $129,600 ÷ 13,500

= $9.60

Total cost (Job K456) = $2,750 + $5,355 + $3,024 = $11,129

Actual Overheads = $ 6,800 + $19,340 + $90,400 + $14,560 + $41,400 = $172,500

Applied overheads = 18,100 x $9.60 = $173,760

Since, Actual Overheads < Applied overheads, overheads have been under-applied. Amount of under-applied overheads is $1,260 ($173,760 - $172,500)

Under-applied overheads are added to cost of goods sold. Therefore, adjusted cost of goods sold will be $636,860 ($635,600 + $1,260)

7 0

2 years ago

Z-Mart appropriately uses the installment sales method of accounting for its installment sales. During 2013, Z-Mart made install

Tresset [83]

Answer:

Dr. Cr.

Sale

Account Receivable $300,000

Inventory $210,000

Deffered Gross Profit $90,000

Payment Receipt

Cash $135,000

Account Receivable $135,000

Profit Recognition

Deffered Gross Profit $40,500

Relaized Gross Profit $40,500

Explanation:

On sale a receivable is recorded and goods has been transferred to customer and its cost is been deducted from inventory. The Gross profit is deferred until the receipt of payment.

Deferred Profit = $300,000 x 30% = $90,000

Inventory cost = $300,000 - $90,000 = $210,000

Cash received from the customer, profit proportionated to the the cash receipt is realized gross profit.

Realized Profit = $135,000 x 30% = $40,500

5 0

2 years ago