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artcher [175]
3 years ago
13

The table below shows some hypothetical data on the costs associated with the use of a liter of gasoline in a European country.

Business
1 answer:
harina [27]3 years ago
7 0

Answer:

The private cost for an individual of a liter of gasoline in Europe is 4.75

Explanation:

Private cost is a supplier's or producer's cost of providing goods and services without any external cost.

Private cost = 0.50 + 1 + 0.75 + 2.50

                    = 4.75

Therefore, The private cost for an individual of a liter of gasoline in Europe is 4.75

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If a check correctly written and paid by the bank for $649 is incorrectly recorded on the company's books for $694, the appropri
iris [78.8K]

Answer: Add $45 to the book balance

Explanation:

This is a case of bank reconciliation. Bank reconciliation occurs when the account of the bank and the company or Business are compared in order to check the differences which are then reconciled.

In this case, since the check written and paid by the bank is $649 while in the company's book, it's written as $694, then a book balance of $45 is added which is the difference between $694 and $649

3 0
3 years ago
3.Which of the following is not a characteristic of a vertical organizational structure? A. Greater efficiency in handling uncom
Natasha_Volkova [10]

Answer:

  • <em><u>D. Consists of casual relationships and external office influences </u></em>

Explanation:

<em>Vertical organizational structures</em> consist is a very is a very hierarchical form of organization. And it has a typical pyramidal structure: few people on top and a wide base.

The rules emanate from top management and are transmitted down by each division, department, until they reach employees at the lower level of the company.

Indeed they are efficient because of they have clear rules to follow by the employees, that they can use to handle quickly most of daily tasks. Thus option <em>"A. Greater efficiency in handling uncomplicated tasks"</em> is true.

These kind of organizations may be little encouraging for the lower levels, as they just must follow the rules and are not able to implement new procedures by themselves. Thus, it is true that <em>"B. Lower employee morale and satisfaction"</em> may undermine the lowers levels and some good employess would migrate to other enterpises where they can develop their ideas. Thi si a clar disavantage.

<em> C. Slower communication </em>

Since the communication has to pass for all intermediate levels, these organizations have typically slower communiction. Thus, this is true too.

<em>D. Consists of casual relationships and external office influences </em>

This is not a characteristic of vertical organizational structures; on the contrary, the relationships are generally ruled by the same hierarchical formal relationships. This is, the command line is the same line of the relationships.

Nowadays, most enterprises are aware of the importance of developing a team bases on high morale and wide and good relationships, thus theses effects are handled by the top and medium level management searching to be more effective, encouraging, and satisfactory for all the employees.

8 0
3 years ago
The basic earnings per share and the diluted earnings per share would have quite different values for a firm that relied heavily
S_A_V [24]

Answer: TRUE

Explanation:BASIC EARNINGS PER SHARE is a term used in the financial Securities market to mean the NET INCOME available to common shareholders.

DILLUTED EARNINGS PER SHARE is a term used in the financial Securities market to describe the outstanding profits available to common shareholders, after all the preferred stocks, warrants,convertible securities have been converted to common stocks.

Preferred stocks are also called hybrid stock, because it has certain features of common stock and convertible securities,it has a higher priority than common stock to payment of dividend etc.

Convertible debt securities are debt securities which can be converted to common stocks.

It basic earnings and diluted earning per share will definitely not be the same for such a firm.

7 0
3 years ago
In 2019, Chaya Corporation, an accrual basis, calendar year taxpayer, provided services to clients and earned $25,000. The clien
Pie

Answer: $27,333

Explanation:

Data:

Amount earned = $25,000

Amount received = $12,000

Using accrual method of accounting, income and expenses are recognized as it is being made or earned irrespective of the amount of cash paid or received.

Fair market value = payment received * 7/36

= $12,000 * 7/ 36

= $2333.333

Chaya reported income = amount earned + fair market value

= $25,000 + $2333.333

= $27,333.

7 0
3 years ago
QS 9-4 Interest-bearing note transactions LO P1 On November 7, 2017, Mura Company borrows $190,000 cash by signing a 90-day, 12%
san4es73 [151]

Answer:

The accrued interest payable  on December 31, 2017 is $15,453.33.

Explanation:

When Mura Company signs a 90-day, 12% note payable the entries are as follows :

Cash $190,000 (debit)

Note Payable $190,000 (credit)

On December 31, 2017 when Interest acrues on the loan the entries are as follows :

<em>Note : Two months interest or 61 days interest would have expired</em>

Interest Expense $15,453.33 (debit)

Note Payable $15,453.33 (credit)

Interest expense = $190,000 × 12% × 61/90

                            = $15,453.33

Conclusion :

The accrued interest payable  on December 31, 2017 is $15,453.33.

3 0
4 years ago
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