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2 years ago

6

With respect to competitive advantages, many see __________ as the most important asset that an organization can possess, as it

stems from the value generated by the trust, commitment, cooperation, and interdependence among relationship partners.

1 answer:

erik [133]2 years ago

3 0

Lagers Share holds in the company

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Palmona Co. establishes a $150 petty cash fund on January 1. On January 8, the fund shows $61 in cash along with receipts for th

saveliy_v [14]

Answer:

Palmona Co Journal entries

1.

Jan-01

Dr Petty cash 150

Cr Cash 150

2.

Jan-08

Dr Postage expense 35

Dr Merchandise inventory 14

Dr Delivery expense 16

Dr Miscellaneous expenses 24

Cr Cash 89

3. Jan-08

Dr Postage expense 35

Dr Merchandise inventory 14

Dr Delivery expense 16

Dr Miscellaneous expenses 24

Cash 89

4.

Jan-08

Dr Petty cash 300

(450-150)

Cr Cash 300

Explanation:

1. To establish petty cash fund

2.To record reimbursement

3.To record reimbursement

4. To record increase in fund balance from 150 to 450

6 0

2 years ago

Jamie is saving for a trip to Europe. She has an existing savings account that earns 2 percent annual interest and has a current

Alona [7]

Answer:

forgo interest = $30

interest = $75

Explanation:

given data

annual interest = 2%

current balance = $4,500

borrow = $1,500

annual interest rate = 5 percent

to find out

how much interest would she forgo and how much will she pay in interest

solution

first we get here Forgo interest that is here

forgo interest = withdrawal amount × interest rate ..........................1

put here value we get

forgo interest = $1500 × 2%

forgo interest = $30

and

now w get here pay in interest that is

interest = amount borrow × interest rate ..........................2

put here value we get

interest = $1500 × 5%

interest = $75

7 0

3 years ago

Dawn graduated from high school and wants to get a credit card. how can dawn establish credit-worthiness?

yanalaym [24]

By keeping good credit

7 0

3 years ago

Riverbed Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures wer

dalvyx [7]

Answer:

9.61%

Explanation:

Computation for the weighted-average interest rate

Using this formula

Weighted-average interest rate=Total Interest amount /Total Principal amount

Particular Principal Interest

9%, 5-year note payable $2,088,000 $187,920

10%, 4-year note payable $3,308,700 $330,870

Total $5,396,700 $518,790

Total Principal amount =$5,396,700

Total Interest amount =$518,790

Let plug in the formula

Weighted-average interest rate=$518,790/$5,396,700

Weighted-average interest rate=0.0961*100

Weighted-average interest rate=9.61%

Therefore Weighted-average interest rate is 9.61%

8 0

3 years ago

Sam’s Auto Shop services and repairs a particular brand of foreign automobile. Sam uses oil filters throughout the year. The sho

Sindrei [870]

Answer:

The EOQ is 353 units

Explanation:

The economic order quantity or EOQ is the quantoty that minimized the holding and ordering cost for invetory.

The formula for EOQ is,

EOQ = √(2*D*O) / H

Where,

D is the annual demand in units
O is the ordering cost per order
H is the holding cost per unit per annum

The annual demand of oil filters by Sam is,

Annual demand = 52 * 150 = 7800 filters

The EOQ for Sam Auto Shop is,

EOQ = √(2*7800*16) / 2

EOQ = 353.27 Units rounded off to 353 units

3 0

3 years ago