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ivanzaharov [21]
3 years ago
6

Use the information given below to answer the questions that follow.

Business
1 answer:
zzz [600]3 years ago
8 0

Answer:

1. Internal development.

Explanation:

From the write up, Justin felt that the method of infusing blends into food should be developed within True Nutri Inc. itself. He knows it may take longer but feels that the competitive advantage it would provide was worth the wait.

Based on the scenario, Justin favors internal development as a method of acquiring technology.

Internal development describes a growth strategy that focuses on developing an organization by making use of its own resources and capabilities.

Basically, internal development helps to expand businesses, boost productivity and sales, increase efficiency etc.

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Sunland Company had the following two transactions related to its delivery truck. 1. Paid $38 for an oil change. 2. Paid $564 to
Jobisdone [24]

Answer:

  • 1. Paid $38 for an oil change.

$38 Maintenance Expenses  - DEBIT

$38 Cash - CREDIT

  • 2. Paid $564 to install special shelving units, which increase the operating efficiency of the truck.

$564 Delivery Trucks - DEBIT

$564 Cash - CREDIT

Explanation:

1. Paid $38 for an oil change  

$38 Maintenance Expenses  - DEBIT

$38 Cash - CREDIT

An oil change it's just an expenses of maintenance, which goes as General Expenses directly to the Income Statement.  

 

2. Paid $564 to install special shelving units, which increase the operating efficiency of the truck.  

$564 Delivery Trucks - DEBIT

$564 Cash - CREDIT

The installations of shelving units it's an improvements in the company's fixed assets, therefore, assets improvements are activated as fixed assets in the non-current assets section of the balance sheets.  

6 0
3 years ago
Vetox sells industrial chemicals. One of their inputs can be purchased in either jugs or barrels. A jug contains one gallon, whi
soldier1979 [14.2K]

Answer:

D. They might order a greater number of gallons with jugs or with barrels, depending on various factors like the demand rate, ordering cost, and holding cost.

Explanation:

Let us assume the following things  

D be the demand rate

P be the Unit cost

H be the holding cost per gallon per months

S be the  ordering cost

Now the economic order quantity is  

EOQ units = Q = √(2DS ÷ (H))

Therefore, the order quantity would be based upon demand rate, ordering cost and holding cost.

So the last option is correct

3 0
2 years ago
Sheffield Corporation has 84,000 shares of common stock outstanding. It declares a $1 per share cash dividend on November 1 to s
aliya0001 [1]

Answer: Please check in the explanation column for answer

Explanation: The entries on the appropriate dates to record the declaration and payment of cash dividend in Sheffield Corporation  is given as

Nov 1.

Debit: Cash Dividends 84,000

Credit: Dividends Payable 84,000

Dec 31.

Debit: Dividends Payable 84,000

Credit: Cash 84,000

7 0
3 years ago
WILL MARK BRAINLIEST!
Morgarella [4.7K]

Answer:

Public relations specialists

Explanation:

Public relations specialists refer to individuals who develop and maintain the public image i.e. favorable for the company in which they present. Here the perception of the organization should be shape aslo it would be increase the awareness towards the work and goals

Therefore according to the given situation, the professional that is closely linked with the reputation of the company is public relations specialist

7 0
3 years ago
Omega Company would have applied $31,500 of fixed manufacturing overhead if capacity usage had equaled the master budget. Given
pochemuha

Answer and Explanation:

The journal entry to close the manufacturing overhead account is shown below:

Given that

There is applied overhead of $31,500

And, the budgeted overhead is

= 2,000 × $15

= $30,000

As we can see that the budgeted overhead would be lower than the applied overhead so this is an under applied overhead

Cost of goods sold Dr $1,500 ($31,500 - $30,000)

         To factory overhead $1,500

(Being the closing of overhead is recorded)

4 0
2 years ago
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