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3 years ago

7

The process of creating new or improved goods and services or developing better ways to produce or provide them is called ______

_______.

1 answer:

julsineya [31]3 years ago

7 0

This is called intervention

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Perry County University had the following account balances as of June 30, 2018. Debits are not distinguished from credits, so as

kotegsom [21]

Answer and Explanation:

The Preparation a Statement of Net Position for Perry County State University as of June 30, 2018 is shown below:-

<u>Perry County University</u>

<u>Statement of Net position</u>

<u>For the year June 30, 2018</u>

<u>Particulars Amount</u>

Assets

Current assets

Cash and Cash equivalents

Short-term investment $75,000

Account receivable $430,000

Net inventories $630,000

Total current assets $1,925,000

Non current assets

Restricted Cash and cash equivalents $100,000

Long term investments $1,700,000

Endowment investment $3,000,000

Capital assets $6,200,000

Total non current assets $11,000,000

Total assets $12,925,000

Liabilities

Current liabilities

Accounts payable $310,000

Deferred revenue $95,000

General obligation bonds payable-

Current position $390,000

5 0

3 years ago

George Jefferson established a trust fund that will provide $170,500 per year in scholarships. The trust fund earns an annual re

Dimas [21]

Answer:

$8,119,048

Explanation:

Given that,

Amount of scholarships = $170,500 per year

Trust fund earns an annual rate of return = 2.1 percent

Let x be the amount contribute to the fund and assuming that only income is distributed,

2.1% of x = Amount of scholarships

0.021x = $170,500

x = $170,500 ÷ 0.021

= $8,119,048

Therefore, the amount of money that is contributed by the George Jefferson to the trust is $8,119,048.

4 0

3 years ago

The continuous review system is used to manage inventory associated with independent demand, while the periodic review system is

Assoli18 [71]

Answer:

FALSE

Explanation.

Periodic inventory is a practice of inventory count that takes stock every week or month while 'continuous inventory' constantly tracks inventory levels mostly through a computerized method so that stock levels. are always known.

It is not very correct that the continuous review system is used to manage inventory associated with independent demand, while the periodic review system is used to manage inventory associated with dependent demand because most often, it is the nature of inventory that determines the method to be used and not the type of demand

Continuous inventory keeps a constant track of quantities; and is more appropriate for small unit items that could be too numerous for physical count because they are bought in large quantities. e.g. supermarkets

Periodic inventory has to be done with big items that are not too numerous like automobiles, televisions, houses and sets of furniture.

8 0

3 years ago

26. An employee at a local clothing store gets 20% for every $100 they sell in clothes. If an

lilavasa [31]

Answer:

$120

Explanation:

The total revenue brought to the company by this employee is:

$350 + $250 = <em>$600</em>

Since he/she earns a 20% commission on the goods sold, this particular employee will receive:

$600 * 0.2 = $120

*0.2 is the multiplier when it's 20%

In other words, he/she earns $20 out of each $100 in sold goods. Since his/hers total sold goods consist out of 6 factors of $100, the same proportion will apply to the commision, that is $20 * 6 = $120.

7 0

3 years ago

A machine with a cost of $148,000 and accumulated depreciation of $103,000 is sold for $59,000 cash. The amount that should be r

Lunna [17]

Answer:

c. $59,000

Explanation:

The cash flow statements shows the effect of the company's activities on cash. These activities are classed into operating, investing and financing activities.

When an asset is sold, the amount received from the sale is an inflow of cash to the company. This inflow is recognized in the investing segment of the cas flow statement.

Hence, the amount that should be reported as a source of cash under cash flows from investing activities is $59,000.

4 0

3 years ago