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3 years ago

8

Carol Miller went to Europe and forgot to pay her $880 mortgage payment on her New Hampshire ski house. For her 63 days overdue

on her payment, the bank charged her a penalty of $11. What was the rate of interest charged by the bank

1 answer:

agasfer [191]3 years ago

7 0

I think the rate of interest is 14 hope this helps

Because if you divide 880 by 63 you would just keep 14 without adding

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All of these are pitfalls an organization should avoid in strategic planning except:_____________.1. using plans as a standard f

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Answer:

1. using plans as a standard for measuring performance.

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Strategic planning is an important process that enables a business or an organization to have a sense of direction, goal orientation, and also enables them to evaluate and measure progress.

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3 years ago

Selected transactions for A. Mane, an interior decorator, in her first month of business, are as follows.

Verizon [17]

Answer:

Please see below

Explanation:

Jan 2.

Dr Cash $13,100

Cr Owner equity $13,100

(Being owner's capital contribution to the business in form of cash)

Jan 3.

Dr Vehicle $3,930

Cr Cash. $3,930

(To record the purchase of used car in form of cash)

Jan 9

Dr Supplies. $655

Cr. Accounts payable $655

(To record supplies purchased on account )

Jan 16

Dr Account receivable $3,144

Cr Revenue $3,144

(Being the record of revenue earned on credit)

Jan 16

Dr Advertising expenses $459

Cr Cash $459

(Being the record of advertising expenses paid in cash)

Jan 20

Dr Cash. $917

Cr Account receivable $917

(Being the record of partial collection receivables)

Jan 23

Dr Account payables $393

Cr Cash $393

(Being the record of payment made to creditors)

Jan 28

Dr. Owner equity $1,310

Cr. Cash $1,310

(To record owner's withdrawal of capital in form of cash)

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2 years ago

In assessing whether the improvement in advertising sales can properly be attributed to the reorganization, it would be most hel

Nookie1986 [14]

Answer:

The question is incomplete, please see complete question below:

Following several years of declining advertising sales, the Greenville Times reorganized its advertising sales force two years ago. Before the reorganization, the sales force was organized geographically, with some sales representatives concentrating on city-center businesses and others, on different outlying regions. The reorganization attempted to increase the sales representatives' knowledge of clients' businesses by having each sales representative deal with only one type of industry or of retailing. After the reorganization, advertising sales increased.

In assessing whether the improvement in advertising sales can properly be attributed to the reorganization, it would be helpful to find out each of the following EXCEPT:

A.Two years ago, what proportion of the Greenville Times' total revenue was generated by advertising sales?

B.Has the circulation of the Greenville Times increased substantially in the last two years?

C.Has there been a substantial turnover in personnel in the advertising sales force over the last two years?

D.Before the reorganization, had sales representatives found it difficult to keep up with relevant developments in all types of businesses to which they are assigned?

E.Has the economy in Greenville and the surrounding regions been growing rapidly over the last two years?

The correct answer is

<em>A.Two years ago, what proportion of the Greenville Times' total revenue was generated by advertising sales? </em>

Explanation:

The proportion of the Total Revenue (TR) generated by advertising sales is of no significance. Our objective is to find out if there was an improvement in advertising sales that can properly be attributed to the reorganization.

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