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lorasvet [3.4K]
4 years ago
14

Donovan and Keith both work as line employees at the Widget Corporation plant. They are both big fans of the San Francisco Forty

-Niners and meet at game times in local sports bars to watch the game. They are probably providing _______ to each other.
Business
1 answer:
Bezzdna [24]4 years ago
6 0

Answer:

Social companionship

Explanation:

Social companionship is a type of friendship or relationship between individuals who share similar likes and benefit from each other as they feel a sense of closeness doing things they like together. Donovan and Keith, who share some similarities and likes between each other, provide social companionship to each other as they hang out together as fans of a club.

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Identify each of the following reconciling items as one of the below options:
ziro4ka [17]

Answer:

a) An addition to the cash balance according to the bank statement.  (4)

b) Deduction from the cash balance according to the bank statement.  (3)

c) An addition to the cash balance according to the company's records.  (1)

d) A deduction from the cash balance according to the company's records. (2), (5), (6).

Explanation:

1. Company has understated its cash balance by recording a credit amount of $960 instead of $690, so add the Balance to Cash Account.

2. Company has overstated its cash balance by recording a credit amount of $240 instead of $420, so deduct the Balance from Cash Account.

3. Company has recorded a Payment but Bank hasn't yet updated its records. So, deduct from Bank Account.

4. Company has recorded a Deposit but Bank hasn't yet updated its records. So, Add to Bank Account.

5. Bank Service Charges are deducted from Cash Account maintained by Company.

5. Company has recorded a collection from customer in its accounts. When the check was sent to Bank, the banking authority found that the balance in the customer account is not sufficient and declared the check as "NSF". So, deduct it from Cash Account maintained by Company to reconcile.

8 0
4 years ago
True or false: economies of scale exist when expansion of the scale of production causes total production costs to increase more
strojnjashka [21]
<span>It s true that expansion of the production scale causes an proportional improvement in total production costs and because of this the long run average and production cost decreases. Economies of scale are divided as internal which is result due to expansion of the individual firm and external econ0omies results due to expansion in whole industry.</span>
5 0
3 years ago
Megan used to do all of her shopping at the local mall. However, recently, she is spending less time at the mall and doing more
Korolek [52]

Answer: E. She prefers to shop online because it is more convenient and items are constantly available.

Explanation: The biggest benefit of online shopping is 'convenience' as it can be done from anywhere, at any time and even from our phones as all you need to do so is have a decent internet connection. You don't face problems like the shop is too far or it might be closed.

Also, many times online shopping is cheaper than offline.

Cheap deals and better prices are available online, because products come to you direct from the manufacturer or seller without involving middlemen. Plus, it's easier to compare prices and find a better deal. Many online sites offer discount coupons and rebates, as well.

5 0
3 years ago
Abroad Standard, Inc. (ASI) Abroad Standard, Inc. (ASI), sells its products through the Internet. Erica is one of the biggest bu
UkoKoshka [18]

Answer:

D. customer service

Explanation:

Erica has kept on doing business with Abroad Standard, Inc. on a consistent basis which shows that she has overtime, gained satisfactory levels of dealings and thus, kept dealing with the said company. Customer service is thus, not one of the environmental forces that ASI needs to be mindful of with regard to the use of technology.

7 0
3 years ago
Because of a chronic water shortage in California, new athletic fields must use artificial turf or xeriscape landscaping. If the
Colt1911 [192]

Answer: <em><u>Developers can spend $55316.9</u></em>

Explanation:

EAR =[e^{Annual percentage rate} -1]\times 100

Effective Annual Rate=(e^{(9/100)} -1)\times 100

Effective Annual Rate% = 9.42

PV_{Ordinary Annuity} = C\times [\frac{(1-(1+\frac{i}{100} )^{-n} )}{(i/100)} ]

where;

C = Cash flow per period

i = interest rate

n = number of payments

PV = 3500\times [\frac{(1-(1+\frac{9.42}{400} )^{-5\times 4} )}{(9.42/400)} ]

PV =  $55316.9

7 0
3 years ago
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