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3 years ago

You are part of a sales group that has been asked to give you a presentation.

Business

2 answers:

Ann [662]3 years ago

8 0

It’s C. Look into file sharing options so that everyone can work on the same file at the same time

Archy [21]3 years ago

7 0

Not B because i just got it wrong!!

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In a progressive tax system, who pays a greater proportion of their income in taxes?

Nikolay [14]

C. Those who have the most deductions

8 0

3 years ago

Walker Company prepares monthly budgets. The current budget plans for a September ending inventory of 30,000 units. Company poli

densk [106]

Answer:

Merchandise purchases budget explanations only.

Explanation:

Hi, your question has missing information, however i have supplied explanations below.

A purchases budget is required to determine the quantities of purchases required for :

Resale - For Merchandisers
Use in Production in case of Manufacturer

Here is the structure of the merchandise purchases budget for Walker Company (Merchandiser).

Merchandise purchases budget

Month

Budgeted Sales x

Add Budgeted Inventory x

Total Purchases needed x

Less Budgeted Opening Inventory (x)

Budgeted Purchases x

As stated by the question : Company policy is to end each month with merchandise inventory equal to a specified percent of budgeted sales for the following month.

Ending Inventory = Next months` sales x required percentage

Ending Inventory for one month say July becomes Opening Inventory for the following month (August) for our merchandise purchases budget.

5 0

2 years ago

In 20X5, Elm Corp. bought 10,000 shares of Oil Corp. at a cost of $20,000. On January 15, 20X6, Elm declared a property dividend

xxMikexx [17]

Answer:

c) $25,000

Explanation:

A property dividend should be recorded in retained earnings at the property's market value at date of declaration.

The date of declaration is the date on which the firm has made the commitment to pay the dividend. The market value on this date is the value that was considered when the board made the decision to distribute a property dividend and thus is the appropriate measure of the sacrifice to the firm.

In application to the scenario, the property dividend will be recorded in retained earnings at the market value at the date of declaration which is Jan 15 NOT on the day it is payable.

Hence, retained earnings will reduce by $25,000

In 20X5, Elm Corp. bought 10,000 shares of Oil Corp. at a cost of $20,000. On January 15, 20X6, Elm declared a property dividend of the Oil stock to shareholders of record on February 1, 20X6, payable on February 15, 20X6. During 20X6, the Oil stock had the following market values:

January 15

$25,000

February 1

26,000

February 15

24,000

6 0

3 years ago

On January 1, Gucci Brothers Inc. started the year with a $705,000 balance in Retained Earnings and a $608,000 balance in common

gtnhenbr [62]

Answer:

Stockholder Equity= $1,414,400

Explanation:

Stockholder Equity is the owners contribution to a business and it is made up of retained earnings and stock.

Stockholder Equity = Common stock + Retained Earnings

Let's track changes in common stock

Common stock= Starting balance + New stocks issued

Common stock= 608,000 + 22,500

Common stock= $630,500

Changes in retained earnings

Retained earnings= Starting balance + Income earned - Dividend paid out

Retained earnings= 705,000 + 93,000- 14,100

Retained earnings= $783,900

Therefore

Stockholder Equity= 630,500+ 783,900

Stockholder Equity= $1,414,400

7 0

3 years ago

What is one data point that shows a good propensity to pay the loan back?

miss Akunina [59]

Answer:

A data point that shows a good propensity of a borrower to pay back loans is location efficiency and or stability. This data point projects a 6% increase whether or not the borrower will repay the loans he/she borrowed.

8 0

2 years ago

Read 2 more answers