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3 years ago

When the same attribute in related data files has different values, this is called data?

1 answer:

8 0

It seems that you missed the given choices for this question, but anyway here is the correct answer. When the same <span>attribute in related data files has different values, this is called data dependence. Hope this answer helps. Other options of this question include redundancy, duplication, discrepancy and inconsistency. Thanks for posting your question.</span>

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Norma Smith is the controller of Bramble Corporation and is responsible for the preparation of the year-end financial statements

melisa1 [442]

Answer:

Current liability refers to the short term obligations of the firm which need to be settled down within a period of one year or within a normal operating cycle.

(a) $0 would be reported as current liability, as it is not a current liability. It is a contingent liability.

(b) The amount of current liability is $192,900 because it is a liability of a firm to pay bonuses to the employees.

= $900,000 × 0.08 × (1/12)

= $6,000

Payment of interest on loan is a liability of the firm.

(d) $0 would be indicated in current liability, because provision for doubtful accounts is subtracted from the total accounts receivable to determine the net account receivables.

(e) Proposed dividend is a part of current liability and the amount of dividend to be shown as current liability is as follows:

= Dividend per share × No. of shares outstanding

= $3.50 per share × 41,810

= $146,335

(f) Customer advances is a current liability and the amount of customer advances to be reported in current liability is calculated as follows:

= Customer advances - Amount earned this year

= $193,100 - $57,900

= $135,200

6 0

3 years ago

Emily included the following passage in her report: "Other mid-price restaurants in the Chicago area have achieved phenomenal su

Ratling [72]

Answer:

Change "achieved phenomenal success" to "improved customer satisfaction."

Explanation:

This is because it has to do with customers services and from an end customer’s point of view to evaluate current perspectives, emerging needs and preferences, and it's impact on business outcomes.

8 0

3 years ago

Read 2 more answers

The difference between the minimum price at which a producer is willing and able to sell a unit of a good or service and the pri

kap26 [50]

Answer:

Seller Surplus

Explanation:

In business terms, there is a difference in the expected value what a seller expects to receive from the products it sells and from the amount it actually earns.

The cost of the product not only involves the monetary cost but it also involves the cost in terms of efforts involved to produce an article.

When a seller puts a product in the market, then he tries to have it a market value more than its cost. When such market value is realised then the difference in cost and market value is surplus for the supplier or producer.

But in cases where the consumer is efficient enough to bargain such product and only pays an amount which is less than the cost, then there arises seller deficit, which is represented as a negative seller surplus.

4 0

3 years ago

On December 15, 2018, Rigsby Sales Co. sold a tract of land that cost $3,700,000 for $5,000,000. Rigsby appropriately uses the i

xxTIMURxx [149]

Answer:

$127,400

Explanation:

Gross profit ratio = [(sale - cost) ÷ sale price] × 100

= [($5,000,000 - $3,700,000) ÷ $5,000,000] × 100

= 0.26 × 100

= 26%.

Gross profit on down payment is recognized in 2019:

= Down payment × Gross profit ratio

= $490,000 × 26%

= $127,400

5 0

3 years ago

ou are comparing two mutually exclusive projects. The crossover point is 12.3 percent. You have determined that you should accep

Verdich [7]

Answer:

the options are missing:

Always accept Project A.
Accept Project B if the required return is less than 13.1 percent.
Be indifferent to the projects at any discount rate above 13.1 percent.
Accept Project B only when the required return is equal to the crossover rate.
Always accept Project A if the required return exceeds the crossover rate.

the answer is:

5. Always accept Project A if the required return exceeds the crossover rate.

The crossover point tells us that one project must be chosen if the IRR is higher than the cross over point, but if the IRR is lower, then the other alternative should be selected.

In this case, the cross over point is 12.3% and we are told that project A should be selected if the required IRR is 13.1%. That tells us that the alternative that we must choose above 12.3% is project A. Project B should be selected if the IRR is less than 12.3%.

3 0

3 years ago