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NARA [144]
3 years ago
8

On December 31, but before any year-end adjustments, McCarthy Company's Prepaid Insurance account had a balance of $2,700. It wa

s determined that $1,500 of the Prepaid Insurance had expired. The Insurance Expense for the year would be:
A) $1,200.
B) $900.
C) $1,500.
D) $1,900.
E) $2,700.
Business
1 answer:
ivann1987 [24]3 years ago
4 0

Answer:

C) $1,500.

Explanation:

The computation of the insurance expense is shown below:

The insurance expense would be equal to the expired amount of the prepaid insurance i.e $1,500

The adjusting entry is as follows

Insurance expense A/c Dr $1,500

           To Prepaid Insurance $1,500

(Being insurance expense is recorded)

Therefore, the balance of the prepaid insurance is ignored.

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Nancy owns 10% interest in ABC Corporation and 20% of the outstanding shares of XYZ Corporation. Her son Nick owns 60% of the ou
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Answer:

20%

Explanation:

Ownership of XYZ Corp. in ABC Partnership = 100% of ABC Partnership * Percentage owned by XYZ Corp.

= 100% * 50%

= 50%

Ownership of Nancy = Interest in ABC Partnership + Ownership of XYZ Corp. in ABC Partnership * Interest of Nancy In XYZ Corp.

= 10% + (50% * 20%)

= 10% + 10% = 20%

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Answer:

yes it is novation

Explanation:

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2 years ago
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A customer touch point for abacus airlines would be an item such as ________. a mechanic's ability to service the airplanes the
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<span>A customer touch point for abacus airlines would be an item such as reservation desk. 

A customer touch point is a point in the process where a consumer and the organization exchange information, finish providing the service, or handle transactions. At the reservation desk, the customer and the business are focusing on the business and service transactions.  </span>
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3 years ago
Mention three barriers to interpersonal communication and how to overcome them
yawa3891 [41]

Explanation:

  1. Empathy,
  2. linguistic and
  3. cultural barriers.

Barriers to interpersonal communication can result from specific situations and personal differences that contribute to making the communication process more difficult.

However, it is possible to identify and overcome them. In the case of barriers of empathy, they can occur when there is no intention of understanding a certain situation that an individual is sharing with another individual, which may imply resistance in the listener that makes communication difficult , to overcome it, there must be greater understanding on both sides, greater respect and ethics on both sides.

In linguistic and cultural barriers it is necessary that individuals are willing to respect different values ​​and cultures, acting with ethics and respect. When there is a need to communicate with people of different nationalities, as in a multicultural work environment for example, language barriers must be minimized with the learning of a common language, such as English for example.

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2 years ago
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The correct answer to this open question is the following.

Conduct a meeting with the client about negotiating.

I choose to write about the scenario.

In this meeting with my client, I am going to provide him with important tools to improve his negotiation skills so he can get better deals for his company.

I would create the scenario in which I will be the other part he is about to negotiate with. For this to happen, I am going to explain some basic principles about negotiation and put a series of examples so he can grasp the most important ideas.

Secondly, I am going to share a handbook, or better said, a manual with important key principles of negotiation that could serve him as a guide so he can feel more confident during the negotiation process.

Finally, we are going to have at least thirty minutes to practice a real-life negotiation scenario. It is going to be something basic but real so my client can face some adversity since the beginning of the negotiation process so he can have a good idea of the importance of being fully prepared before entering the negotiating table.

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