When two or more people share an account it is called a joint account. True or false

While on a trip to South Africa, Elena was impressed with colorful woven outdoor placemats, floor mats, chair cushions, and umbr

Anit [1.1K]

Answer:

D. Since most import businesses are also export businesses, find a U.S. product South Africans would be willing to buy.

Explanation:

Also she should hear from others who import and export goods from Africa and US and vice-versa.

8 0

3 years ago

Read 2 more answers

Milne Technology sells 15,000 units each quarter. Its current selling price is $25 per unit and the contribution margin ratio is

Aneli [31]

Contribution=Selling Price*Contribution Ratio

=25*.06

=$15

Variable Expense=Sales-Contribution

=25-15

$10

When Selling price=$28

Contribution=$28*.06

=$16.8

Variable Expense=28-16.8

=$11.2

Increase in variable=11.2-10

=$1.2

6 0

3 years ago

Which of the following tactics for overcoming resistance to change is most likely to be beneficial when employees' fear and anxi

ladessa [460]

Answer:

b) Building support and commitment

Explanation:

In order to support employees and feel the fear of change, it is necessary to build trust and commitment.

Here are some techniques to help the employee:

1. Make your employees feel that their work is important

2. Keep them in constant training

3. Maintain communication with all members of the organization

4. Establishes recognition programs and awards prizes

5. Promotes positive attitudes

6. Be flexible with schedules.

7. Conduct satisfaction surveys

4 0

4 years ago

Arrow Printers paid $2,000 interest on short-term notes payable, $10,000 interest on long-term bonds, and $6,000 in dividends on

Andrej [43]

Answer:

C) Operating, $12,000; financing $6,000.

Explanation:

Interests expenses do no change the notes payable or bond, but results in the reduction of the cash flow of a company. Therefore, the interests paid on both short terms notes payable and interest on long-term bonds will appear under the operating activities section of the cash flow statement.

Dividend appears under the financing activities section of the cash flow statement.

For this question, we therefore have:

Cash outflows from operating activities = Interest on short-term notes payable + Interest on long-term bonds = $2,000 + $10,000 = $12,000

Cash outflows from financing activities = Dividends on common stock = $6,000

Therefore, the correct option is C) Operating, $12,000; financing $6,000.

4 0

3 years ago

Lance Lawn Services reports warranty expense by estimating the amount that eventually will be paid to satisfy warranties on its

kvv77 [185]

Answer:

Warranty liability at 12/31/13 = $2 million.

This means that the balance in the deferred tax asset should be $700,000

(35% x $2,000,000) = $700,000

Before adjustment, the balance in the deferred tax asset is $737,500.

Therefore, the deferred tax asset needs to be reduced (credited) by $37,500.

($700,000 - 737,500) = -37,500

Date Account Title Dr Cr

12-31-13 Tax expense 14,037,500

Deferred tax asset 37,500

Taxes payable (.35 x 40,000,000) 14,000,000

8 0

3 years ago