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3 years ago

The difference between a standard and a budget is that:________.

1 answer:

5 0

A budget usually refers to a department's or a company's projected revenues, costs, or expenses. A standard usually refers to a projected amount per unit of product, per unit of input (such as direct materials, factory overhead), or per unit of output. So the answer will be D.

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Martinville, Inc. earned revenues of $ 17,000 and incurred expenses of $ 7,000. The company declared and paid cash dividends of

vladimir1956 [14]

Answer:

$10,000

Explanation:

A company's income is either shared out as dividends or kept in as retained earnings. Therefore, the total of retained earnings and dividend paid out is the net income. This is the amount that will reflect in the income statement. In other words, income is calculated first before dividends or retained earnings are declared.

For Martinville, income will be calculated first before dividends are paid. Net income will be

=revenue - expenses

=$17,000 -$7,000

=$10,000

Balance in the Income Summary account was $10,000

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4 years ago

Olivia is a florist who specializes in roses.

Eva8 [605]

Answer:

Olivier does have sufficient contract rights because she already signed a 5 year contract to supply as many roses as possible to Juan. Juan cannot come at the end of two years and break the contract

Explanation:

1. 1. What contract rights and remedies, if any, does Olivia have against Juan?

The most important point of focus from the aspect of the law and statute of frauds is that from the scenario it was stated clearly that ''She has a <u>five-year written contract with Juan to sell him as many roses as he needs for his wedding chapel.</u> ''

Olivier does have sufficient contract rights because she already signed a 5 year contract to supply as many roses as possible to Juan. Juan cannot come at the end of two years and break the contract

2. What contract rights and remedies, if any, does Olivia have against Ann?

The scenario states clearly that ''Ann emailed Olivia an order for <u>"1,000 white stems''</u> and ''Olivia instead sent orchids, the only "white stems" available at the time.''

Hence Olivia fulfilled Ann's orders and Ann has absolutely no case at all. Olivia has acted in accordance to Ann's request and has full rights to claim her payment.

3. What defenses, if any, do Juan and Ann have?

In summary the defenses of both parties are weak

1. Juan has a defense of unforeseen financial difficulties but this will be insufficient to override a written contract

2. Ann assumed that Olivia would send roses but assumption does not work in the eyes of the law but written agreements.

Additionally, Ann could argue that Olivia should have communicated the price of the orchids at the point of processing Ann's orders.

6 0

3 years ago

What agency provides over 25,000 government publications?

shepuryov [24]

Answer:

Correct Answer:

4. The Government Printing Office

Explanation:

The United States Government Publishing Office is an agency of the legislative branch of the United States federal government with the mandate to inform the Nation by producing, procuring, and disseminating printed and electronic publications of the Congress as well as the executive departments and establishments of the Federal Government.

7 0

4 years ago

Assume the following information:Spot rate today of Swiss franc = $.60 1-year forward rate as of today for Swiss franc = $.63 Ex

Naddika [18.5K]

Answer:

12.35%

Explanation:

Data provided in the question:

Spot rate today of Swiss franc = $0.60

1-year forward rate as of today for Swiss franc = $0.63

Expected spot rate 1 year from now = $0.64

Rate on 1 year deposits denominated in Swiss francs = 7%

Rate on 1 year deposits denominated in U.S. dollars = 9%

Amount invested = $1,000,000

Now,

Amount with Swiss franc = Amount invested ÷ Spot rate today of Swiss franc

= $1,000,000 ÷ 0.60

= $1,666,666.67

After 1 year = $1,666,666.67 × ( 1 + 0.07)

= $1,783,333.33

1 year Forward value = $1,783,333.33 × 0.63

= $1123499.99

Therefore,

Yield = [ $1123499.99 - $1,000,000 ] ÷ $1,000,000

= 0.1235

= 0.1235 × 100%

= 12.35%

3 0

3 years ago

A new Accenture client is looking for a platform that will help them in hiring for critical roles and decreasing attrition. Whic

Leto [7]

Answer:

SynOps

Explanation:

The Accenture SynOps client may be described as a tools which leverages the combined capability of humans and machines by taking advantage of insights generated from data in an Artifical intelligent powered programs in other or deliver on smart and intelligent Decisons. The collaborative effort or humans, in this case human resource professionals and Artifical intelligence which has been developed within the SynOps Accenture client, will enable the client to make intelligent calls or Decisons from data made available to ensure that the best candidates are selected.

3 0

3 years ago