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Art [367]
3 years ago
11

Several controls are used to safeguard inventory except a.keeping high-priced inventory behind lock and key. b.hiring security g

uards. c.allowing all employees access to the materials warehouse. d.installing sensors at all exits.
Business
1 answer:
GalinKa [24]3 years ago
5 0

Answer:

Option C, allowing all employees access to the materials warehouse, is the right answer.

Explanation:

Option C is the correct answer because option C recommends allowing access to all the employees. However, allowing access to all employees will reduce security and increase the risk level. While all given options are helpful in safeguarding the inventory except option C. Thus, in this case, it would be difficult to monitor every employee. So Option C is the right answer.

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A delivery truck costing $25,000 is expected to have a $1,500 salvage value at the end of its useful life of four years or 125,0
Helga [31]

Answer:

a.

Depreciation expense year 2 Straight line = $5875

b.

Depreciation expense year 2 Double declining = $6250

c.

Depreciation expense year 2 units of activity = $5264

Explanation:

a.

Straight line method is a depreciation method that charges a constant depreciation expense through out the useful life of the asset. Straight line depreciation per year is,

Straight line depreciation = (Cost - Salvage value) / Estimated useful life

Straight line depreciation = (25000 - 1500) / 4    =  $5875 per year

Straight line rate = 100% / 4 = 25%

b.

Double declining balance is an accelerated method of depreciation that charges more depreciation in the initial years and less in later years. Double declining balance depreciation is calculated as follows,

Depreciation expense = 2 * Straight line rate * Book value at start of the period

Depreciation expense year 1 = 2 * 0.25 * 25000     = $12500

Book value at start of year 2 = 25000 - 12500 = $12500

Depreciation year 2 = 2 * 0.25 * 12500  =  $6250

c.

The units of production method charges depreciation based on the activity for which asset is used as a proportion of the estimated useful life in terms of activity.

Depreciation expense year 2 = (28000 / 125000) * (25000 - 1500)

Depreciation expense year 2 = $5264

7 0
3 years ago
If two individuals are licensed in the same line with two different companies join together to sell a policy, the commission can
NISA [10]
<h3><u>Answer:</u></h3>

The commission can be shared between the two agents.

<h3><u>Explanation:</u></h3>

Many times different companies collaborate with each other to sell a particular policy to maximize their profits. When there are two agents licensed in the same line and when the two companies collaborate to sell a policy then the commission is shared  between the agents.

This is because they will work together for the profits and that when the two companies collaborate they become one to sell the policy. The agents work together and the commission is given to them as a whole. This is a common practice when two companies work together.

4 0
3 years ago
Widmer requires a minimum $15,000 cash balance. If necessary, loans are taken to meet this requirement at a cost of 1% interest
Marizza181 [45]

Answer:

Widmer's Cash Budget for January, February, and March

January:

Opening Balance - $15,000

Cash Receipts - $30,000

Less Payments - $38,500

Difference - $6,500

Loan - $8,500

Closing Balance - $15,000

February:

Opening Balance - $15,000

Cash Receipts - $87,000

Less Payments - $85,000

Less Interest on loan -$85

Difference - $16,915

Loan Repayment- $1,915

Closing Balance - $15,000

March:

Opening Balance - $15,000

Cash Receipts - $85,000

Less Payments - $65,000

Less Interest on loan -$65.85

Difference - $34,934.15

Loan Repayment- $6,585

Closing Balance - $28,349.15

Explanation:

In January, $6,500 cash balance necessitated the taking of a loan of $8,500 in order to bring it to $15,000 required minimum.

In February, 1% interest was paid on $8,500 loan.  This gives $85.  Part of the loan ($1,915) was repaid to maintain the cash balance at $15,000.

In March, the interest on loan was 1% on  $6,585 $(8,500 -1,915) or the loan balance.  This gives $65.85 as interest paid.  The loan balance was also repaid because of the excess cash balance.

3 0
3 years ago
What would you identify as key milestones
kicyunya [14]

Answer:

A milestone is a marker in a project that signifies a change or stage in development. Milestones are powerful components in project management because they show key events and map forward movement in your project plan. Milestones act as signposts through the course of your project, helping ensure you stay on track.

Explanation:

Hope this helps

-A Helping Friend (mark brainliest pls)

6 0
3 years ago
Suppose that a rise in business confidence has led to more investment in the economy and higher levels of output. In the short-r
Shtirlitz [24]

Answer: Keynesian economic theory

Explanation: Keynesian analysis says the rise in aggregate demand will ___boost growth _____ Keynesians believe consumer demand is the primary driving force in an economy. while the neoclassical model predicts ____looked at labor contracts as sources of wage stickiness to generate equilibrium models of unemployment.____ in the long run.

8 0
3 years ago
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