With regard to age segmentation, the tween and teenage cohort following the Millennials is sometimes called

CarCut Corporation has been employing the Fixed-Order Quantity model to manage the inventory of its best selling 3D printer. The

vfiekz [6]

Answer: See explanation

Explanation:

The optimal reorder point in units is calculated as the average daily sales unit multiplied by the delivery lead time.

In the question, we're not provided with the annual demand as this is vital in order to know the average daily unit. Therefore, the question is incomplete

7 0

2 years ago

On September 1, 2018, Able Company purchased a building from Regal Corporation by paying $580,000 cash and issuing a one-year no

Nataly_w [17]

Answer:

1. Able must pay Regal Corporation $599,400 on September 1, 2019, when the note matures.

2. The amount of Interest Able will recognize on this Notes Payable is 39,600

3. The total cash (including interest) paid for the building purchased by Able is $1,179,400

4. Payroll related expense does not come into picture in this question. So it is not answered.

Explanation:

1. According to the given data we have the following:

Rate of Interest = 11%

Therefore:

Year Amount Interest

September 1, 2018 $540,000

December 31, 2018 $19,800

September 1, 2019 $39,600

Total $540,000 $59,400

Therefore, Total Payable=Notes payable+Interest 540000 Total Payable= $540,000+$59,400

Total Payable=$599,400

Able must pay Regal Corporation $599,400 on September 1, 2019, when the note matures.

2. The amount of Interest Able will recognize on this Notes Payable is 39,600

3. To calculate The total cash paid for building purchased by Able including interest we have to make the following calculation:

Total cash paid for purchase of building=Cash paid at the time of purchase of building+Notes payable+Interest

Total cash paid for purchase of building=$580,000+$540,000+$59,400

Total cash paid for purchase of building=$1,179,400

The total cash (including interest) paid for the building purchased by Able is $1,179,400

4. Payroll related expense does not come into picture in this question. So it is not answered.

6 0

2 years ago

__________ uses state-of-the-art equipment to provide people in a variety of locations the opportunity to participate interactiv

Vaselesa [24]

Answer:

videoconferencing

Explanation:

The new era of globalisation has paved the way for the new technology. Video conferencing, in the business sector, has gained a lot of popularity because it has given an opportunity for people to interact and participate interactively. It provides a high degree of channel richness, perfect quality. Video conferencing helps people to interact and communicate despite the long distance.

3 0

2 years ago

Carol Bates, a young, dynamic, and affluent banker, likes to shop online and try out new products. She likes to keep herself upd

Wittaler [7]

<h2>"Innovative" traits best describes Carol</h2>

Explanation:

Based on the given statement, Carol Bates is very much interested in grabbing the latest gadgets. It means that,

Carol is updated
Adaptable to change

Have exploring capability to upgrade
A technology savvy
Monitors market and has good knowledge on current trends
Self-motivated to be on track
Has creative skills to use the latest gadgets

All the above qualities describes that Carol Bates is innovative.

4 0

2 years ago

All of the current year's entries for Zimmerman Company have been made, except the following adjusting entries. The company's an

lianna [129]

Answer:

1) adjusting entries

a. On September 1 of the current year, Zimmerman collected six months' rent of $8,520 on storage space. At that date, Zimmerman debited Cash and credited Unearned Rent Revenue for $8,520.

Dr Unearned rental revenue 5,500

Cr Rental revenue 5,500

b. On October 1 of the current year, the company borrowed $13,200 from a local bank and signed a one-year, 12 percent note for that amount. The principal and interest are payable on the maturity date.

Dr Interest expense 396

Cr Interest payable 396

c. Depreciation of $3,000 must be recognized on a service truck purchased in July of the current year at a cost of $24,000.

Dr Depreciation expense 3,000

Cr Accumulated depreciation 3,000

d. Cash of $3,600 was collected on November of the current year, for services to be rendered evenly over the next year beginning on November 1 of the current year. Unearned Service Revenue was credited when the cash was received.

Dr Unearned service revenue 600

Cr Service revenue 600

e. On November 1 of the current year, Zimmerman paid a one-year premium for property insurance, $9,960, for coverage starting on that date. Cash was credited and Prepaid Insurance was debited for this amount.

Dr Insurance expense 1,660

Cr Prepaid insurance 1,660

f. The company earned service revenue of $4,200 on a special job that was completed December 29 of the current year. Collection will be made during January of the next year. No entry has been recorded.

Dr Accounts receivable 4,200

Cr Service revenue 4,200

g. At December 31 of the current year, wages earned by employees totaled $13,700. The employees will be paid on the next payroll date in January of the next year.

Dr Wages expense 13,700

Cr Wages payable 13,700

h. On December 31 of the current year, the company estimated it owed $490 for this year's property taxes on land. The tax will be paid when the bill is received in January of next year.

Dr Property taxes expense 490

Cr Property taxes payable 490

2) Assets = Liabilities + Stockholders’ Revenues - Expenses = Net

Equity Income

a. na - + + na +

b. na - - na - -

c. - na - na - -

d. na - + + na +

e. - na - na - -

f. + na + + na +

g. na + - na - -

h. na + - na - -

4 0

2 years ago