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sukhopar [10]
3 years ago
9

The scale of a timeline is generally unimportant.

Business
1 answer:
MrMuchimi3 years ago
8 0
So what is the question?

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Rob Renolds compares his checkbook register, cancelled checks, and bank statement which shows a balance of $409.90. He finds two
iragen [17]

Answer:

$429.15

Explanation:

The computation of the adjusted balance of the bank balance is shown below:

= Balance shown in bank statement + outstanding deposits - one outstanding check - second outstanding check

= $409.90 + $160 - $58.53 - $82.22

= $429.15

while computing the adjusted balance we added the outstanding deposits and subtract the outstanding checks

5 0
3 years ago
Diamond Boot Factory normally sells its specialty boots for $22 a pair. An offer to buy 120 boots for $18 per pair was made by a
Art [367]

Answer:

Differential income = $960

Explanation:

<em>In a special order decision , the offer should be accepted if the sales revenue from the order is greater than the relevant costs of the special orders.</em>

The relevant costs of the special order = variable cost + additional cost of special stitching machine

                                                                                          $

Sales revenue    (120× $18)                                          2,160      

The relevant costs of the special order

= (120×8) + (120×2)                                                       <u>(1,200)</u>

Differential income                                                       <u>   960</u>

3 0
3 years ago
Bramble Family Importers sold goods to Tung Decorators for $39,000 on November 1, 2020, accepting Tung’s $39,000, 6-month, 6% no
Aliun [14]

Answer:

note receivable       39,000 debit

        sales revenue               39,000 credit

--Nov 1st to record sale of goods to Tung Decorators --

interest receivalbe       390 debit

interest revenue                      390 credit

--Dec 31th adjusitng entry for accrued interest --

cash                       40,170 debit

        note receivable                39,000 credit

        interest receivable                390 credit

        interest revenue                    780 credit

--May 1st collection of the note--

Explanation:

<u>First</u>, we record the sales revenue and we enter the promissory note at his nominal. Interest will be accrued as the time past.

<u>interest for the period Nov 1st - Dec 31th</u>

prncipal x rate x time

we must always have rate adn time in the same metric so we express the mont has fraction of year:

39,000 x 6% x 2/12  = 390

<u>collection of the note</u>

cash procceds: principal + interest

39,000 x (1 + 6% x 6/12)  = 40,170

we write off both receivables, the note and the interest,

and we recognize interest revenue for the difference

40,170 - 39,000 - 390 = 780

6 0
3 years ago
Companies at the fourth stage of developing their global business
serious [3.7K]

Answer:

what's the question here?

in what context pf the 4th stage are you referring to

5 0
3 years ago
1. Evaluate the situation that Mason and Shepherd find themselves in with respect to their existing employers. What are the lega
Effectus [21]

Answer:

The answer is provided in two separate headings for Mason and Shepherd with regard to the issues faced by them and how to handle them.

Explanation:

<u>Mason</u>

Mason's goal is start a venture by utilising the information received from the company she has worked for. This could lead to the violation of the agreement with her employer with regard to Non-competition, Non-disclosure and Development provisions.

So to tackle this situation she needs to first of all prove that the business is not a competitor of ATS. Moreover, she must refrain from coming into contact of the current customers of ATS. Finally, data kept in her office computer on the details of the new venture is  currently under the ownership of ATS. Therefore, she should removed that data. Other than that she could negotiate with ATS with the help of a legal consultant.

<u>Shepherd</u>

Shepherd has signed an agreement with NOVA, where he is being bound to disclose all the inventions he has worked on so far. This problem is more likely on the intellectual property law.

To resolve this issue he could own his inventions by way of patent the translate engines as early as possible. While the process may take some years, it will be protected from NOVA as it would in pending status.

7 0
3 years ago
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