If property escheats, its title is transferred to a person's nearest blood relative.

Easily shifting workers into different jobs in response to changing customer demands and production needs is the goal of _______

elena-s [515]

Answer:

A. Functional flexibility

Explanation:

Every company aims to be successful. For this the company shall be adaptive to change, this clearly provides for the company to evolve and have plans and programs which help in implementing change.

Functional Flexibility provides for change in the organisation with the change in environment. Basically it creates a effective mechanism in the company to meet the changing needs of the market in order to be effective in the market.

The employees are asked to change their roles and functions, for this if needed they are even provided training.

6 0

4 years ago

DS Unlimited has the following transactions during August. August 6 Purchases 78 handheld game devices on account from GameGirl,

borishaifa [10]

Answer:

August 6

DR Inventory $18,720

CR Accounts Payable $18,720

(To record purchase of goods for sale)

= 76 devices * $240

= $18,720

August 7

DR Inventory $440

CR Cash $440

(To record shipping costs of Inventory)

August 10

DR Accounts Payable $1,920

CR Inventory $1,920

(To record Purchase returns)

August 14

DR Accounts Payable $16,800

CR Inventory $168

CR Cash $16,632

(To record payment of purchases)

Working

Accounts Payable = Purchases - Returns

= 18,720 - 1,920

= $16,800

Inventory

Goods were purchased terms 1/10 meaning a 1% discount is goods paid for in 10 days.

= 1% * 16,800

= $168

August 23

DR Accounts Receivable $15,080

CR Sales Revenue $15,080

(To record sales of goods on account)

Sales Revenue = 58 devices * 260

= $15,080

August 23

DR Cost of Goods Sold $14,145.37

CR Inventory $14,145.37

(To record cost of Goods sold)

4 0

3 years ago

Situation 1 Bridgeport Cosmetics acquired 10% of the 184,000 shares of common stock of Martinez Fashion at a total cost of $13 p

Advocard [28]

Answer:

Please see find the answer in the explanation!

Explanation:

Situation 1:

First entry:

Bridgeport acquired 10% of shares of Martinez Fashion, the double entry would reduce the cash of Bridgeport and increase the asset, see as follows:

Shares Dr $239200 (18400× $13)

Cash Cr $239200

On June 30, Martinez declared and paid $69400 cash to all stockholders, Bridgeport will be entitled to 10% of the declared and paid dividend, therefore, dividend income will have to be recorded as follows:

Cash/bank Dr $6940

Dividend Income Cr $6940

Situation 2:

Indigo Inc obtained significant influence over Seles corporation (making her an Associate). In a group situation, an associate is equity accounted and is recorded as an investment in the statement of financial position and is also entitled to the profits with the proportion of their ownership. First entry would be to record the associate as an investment, see as follows:

Investment in Associate Dr $84780

Bank/Cash Cr $84780

On june 15 Seles declared and paid cash dividend, Indigo Inc will be entitled to 30% of the dividend, see as follows:

Dividend income= $39100× 30%

Dividend income= $11730

Entry:

Cash/Bank Dr $11730

Dividend income Cr $11730

Unlike Bridgeport Corporation, Indigo Inc will be entitled to 30% of the reported net income as well. The entry is as follows;

Cash/Bank Dr $ 25500 ($85000× 30%)

Income Cr $ 25500

7 0

4 years ago

Greg was looking at different websites to complete his paper for his accounting class. He found several websites that ended in .

Masteriza [31]

In this question the options are missing; here are the options:

Which best describes how Greg could find more information about the website to check for its validation?

Greg could assume it is valid because it is a .net.

Greg could look at the contact page to validate Frank's expertise.

Greg could look to see if the website was updated recently,

Greg could assume it is valid since Frank is not selling anything.

The answer to this question is B. Greg could look at the contact page to validate Frank's expertise.

Explanation:

One of the key factors that make a source to be credible is the expertise of the author because if the author is an expert in the area, the source is generally considered as credible. For example, the words of Isaac Newton are a credible source if these are related to areas such as maths, physics, or astronomy because he was an expert in this area. In this context, one way Greg could validate this source is by checking who is Frank Smith to verify if he is an expert in the topic. This makes option B correct.

3 0

3 years ago

Opportunities and threats are _____. internal forces that affect the business of the competition external forces that affect suc

cupoosta [38]

External forces that affect the success of a business enterprise.

Opportunities and threats are part of a SWOT analysis where the opportunities are external forces that benefit or help the success of a business, whereas threats are external forces that hurt or hinder the success of a business. These forces are the opposite of the internal forces, strengths and weaknesses. Together, they form an analysis of a firm's competitive and comparative advantage in the current market.

5 0

3 years ago