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AveGali [126]
3 years ago
11

Joe Runyan is the owner of a dry-cleaning company in Kansas City called Hangers. They specialize in eco-friendly dry-cleaning, f

riendly off-beat customer service with strong ties to the local community, and at-home pickup and drop-off services. In 2009, Proctor and Gamble opened a storefront in Kansas City that also uses eco-friendly materials, has a drive-through for pickup and drop-off, and offers slightly cheaper services. Hangers’ Strategy by the Numbers 2009: 10 storefronts, 6 vans, 35 employees, 0 community outreach events, $0 spent on community 2010: 10 storefronts, 6 vans, 35 employees, 0 community outreach events, $0 spent on community 2011: 5 storefronts, 10 vans, 35 employees, 4 community outreach events, $20,000 spent in contributions to local schools 2012: 4 storefronts, 11 vans, 35 employees, 4 community outreach events, $25,000 spent in contributions to local schools.
Constructing a central message.
Business
1 answer:
Verdich [7]3 years ago
4 0

Answer:

Answer for the question:

Joe Runyan is the owner of a dry-cleaning company in Kansas City called Hangers. They specialize in eco-friendly dry-cleaning, friendly off-beat customer service with strong ties to the local community, and at-home pickup and drop-off services. In 2009, Proctor and Gamble opened a storefront in Kansas City that also uses eco-friendly materials, has a drive-through for pickup and drop-off, and offers slightly cheaper services. Hangers’ Strategy by the Numbers 2009: 10 storefronts, 6 vans, 35 employees, 0 community outreach events, $0 spent on community 2010: 10 storefronts, 6 vans, 35 employees, 0 community outreach events, $0 spent on community 2011: 5 storefronts, 10 vans, 35 employees, 4 community outreach events, $20,000 spent in contributions to local schools 2012: 4 storefronts, 11 vans, 35 employees, 4 community outreach events, $25,000 spent in contributions to local schools.

Constructing a central message.



is given in the attachment.

Explanation:

Download pdf
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First City Bank pays 9 percent simple interest on its savings account balances, whereas Second City Bank pays 9 percent interest
4vir4ik [10]

Answer:

Future value is $14,944.22

Interest earned is $7444.22

Explanation:

The amount to earn from Second City Bank is the interest that would have been received at the end of the eight years,

In order to determine the amount of interest,it would be nice to first of all compute the future value-the worth of the savings at the end of eight year using the below formula:

FV=PV*(1+r)^N

PV is the $7,500 invested

r is the compound rate of return is 9%

N is the number of years the amount was invested which is eight years

FV=$7,500*(1+9%)^8

FV=$ 14,944.22  

Hence Interest =FV-PV

                         =$ 14,944.22 -$7,500

                         =$7444.22

7 0
3 years ago
Bellingham Company produces a product that requires 6 standard direct labor hours per unit at a standard hourly rate of $22.00 p
amid [387]

Answer:

The correct answer for (a) is 12,144 ( Favorable), (b) is 26,400 ( Unfavorable), and (c) is 14,256 ( unfavorable).

Explanation:

According to the scenario, the computation of the given data are as follows:

(a) We can calculate the rate variance by using following formula:

Rate variance = Actual hours × ( Standard rate - Actual rate)

= 27,600 × ( $22 - $22.44)

= -$12,144 ( Favorable)

(b). We can calculate the time variance by using following formula:

Time variance = Standard rate × ( Standard hours - Actual hours)

= $22 × ( 6 × 4,800 - 27,600)

= 26,400 ( Unfavorable)

(c). We can calculate the cost variance by using following formula:

Cost variance = Time variance - rate variance

= 26,400 - 12,144

= 14,256 ( unfavorable)

5 0
3 years ago
Stahl Company paid $7,800 on May 1, 2017 for insurance coverage for a one year period beginning on that date. The adjusting entr
AveGali [126]

Answer:

Debit insurance expense $5,200

Credit prepaid insurance $5,200

A decrease of $5,200 in the current asset,that will be charged to expense account.

Explanation:

An adjusting entry to recognize the expire portion of the insurance must be done at the year end. In this entry, we will recognize the expire portion of the prepaid insurance that was acquired on May 1.

($7,800 / 12 months = $650 x 8 months = $5,200)

The effect on financial statement is that, prepaid insurance which is a current asset will decreased by $5,200 makes the balance of the prepaid insurance decreased to $2,600 at year end.

8 0
4 years ago
The contribution income statement: A. Reports gross margin B. Is allowed for external reporting to shareholders C. Categorizes c
Jet001 [13]

Answer:

The answer is D. Can be used to predict future profits at different levels of activity

Explanation:

The contribution income statement  is a company’s financial statement that indicates how the revenue is transformed into the net income.  Income statements should help investors and creditors determine the past financial performance of the enterprise, predict future performance, and assess the capability of the business to generate future revenue streams through the reporting of income and expenses.

6 0
4 years ago
In the digital-age workplace, lines of authority are less defined. The availability of information to all employees has increase
Kazeer [188]

Does a picture come with it

7 0
3 years ago
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