The best way to assess to this situation is to ask the team members to organize the task that is needed to be done, in which it shows the process of multi tasking, so that more customers could be handled. Another thing, it is best to do the most prioritize task of which customers accumulate in, in order to lessen the customers that are waiting for the service. Lastly, it is best to focus on the task that are assigned and to do it quickly and efficiently, to get the job done.
Posting references on the journal should be <span>entered when posting to the ledger.
Hope this helps!!</span>
LCM/NRV is applied when the market value (often defined as current replacement cost) or net realizable value is lower than the cost of the available units. The LCM/NRV requirement to write down the closing inventory from cost to market/net realizable value has the immediate effect of reducing (a) net income and (b) the amount of inventory carried on the balance sheet.
Low or market price rules are typically applied to specific inventory items, but can also be applied to entire inventory categories. In the latter case, LCM adjustments can be avoided if there is a balance within the inventory category for items whose market value is below cost and above cost.
Low Cost or Market Value (often abbreviated as LCM) is an accounting method of valuing inventory. We assign a value to inventory at the cost of replacement in the market or the amount recorded when originally purchased, whichever is lower.
Learn more about LCM at
brainly.com/question/20629420
#SPJ4
Answer:
a. $1,600.
Explanation:
The computation of the amount of the dividend that should be paid to the preference shareholder in the second year is shown below:
Annual dividend is
= 1,500 shares × 7% × $10
= $1,050
Now the dividend that should be paid to the next year
= $1,050 + $1,050 - $500
= $1,600
Hence, the mount of the dividend that should be paid to the preference shareholder in the second year is $1,600
The Central Bank has raised its reserve requirements from 10% to 12%. If the Southern Bank finds that it is not holding enough in reserves to meet the higher requirements, then it will likely borrow for the short term from the central bank. The Option B is correct.
<h2>What is a Reserve requirement?</h2>
A reserve requirement, basically means the amount of funds that a bank must holds in reserve to ensure that it is able to meet liabilities in case of sudden withdrawals. In other word, it is the required cash that banks must have in their vaults or in Federal Reserve bank in line with deposits made by their customers.
Whenever a bank have lower than the reserve requirements, then, it is most likely that it will borrow for the short term from the central bank for meet the requirement.
Read more about reserve requirement
brainly.com/question/13758092
#SPJ1