1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Bad White [126]
3 years ago
5

A list of financial statement items for Blossom Company includes the following:

Business
1 answer:
cricket20 [7]3 years ago
5 0

Answer:

Total current assets            $83,580

Explanation:

The preparation of the current assets section of the balance sheet is shown below:

<u>Current Assets                  Amounts </u>

Cash                                   $22,360

Debt investments(short term) $17,360

Accounts receivables     $30,100

Supplies                             $8,170

Prepaid Insurance              $5,590

Total current assets            $83,580

You might be interested in
Lito works for a business that is part of a large corporation with many diverse business lines that operate autonomously. Lito’s
irinina [24]

Answer: Conglomerate structure

                           

Explanation: In simple words, conglomerate structure refers to the structure under which many entities operate in different industries under a single corporation. In other words, it is a different name for parent subsidiary relationship.

In the given case, Lito group owns different firms in different industries. Hence from the above we can conclude that the group uses conglomerate structure.

4 0
3 years ago
Flannery​ Company, a manufacturer of small​ appliances, had the following​ activities, allocated​ costs, and allocation​ bases:
VashaNatasha [74]

Answer:

Cost per letter for the correspondence​ activity= $ 8.75

Explanation:

Flannery​ Company

Given

                                 Activities Allocated      Costs Allocation Base

Account inquiry​ (hours)$ 77, 000                      2,600 hours

Account billing​ (lines) $ 38, 000                         19,000 lines

Account verification​ (accounts) $ 20,000         30,000 accounts

Correspondence​ (letters) $ 14,000                    1, 600 letters

Activities                          Northeast Office        Midwest Office

Account inquiry​ (hours)          100 hours            200 hours

Account billing​ (lines)             10,000 lines          9,000 lines

Account verification​ (accounts) 1 ,000 accounts 650 accounts

Correspondence​ (letters)           50 letters               110 letters

Calculations

Cost per letter for the correspondence​ activity= Total Correspondence/ Total No of letters

Cost per letter for the correspondence​ activity= 14000/1600= 8.75

Cost per letter for the correspondence​ activity= $ 8.75

We divide the activity cost with the corresponding cost driver to get the cost per unit of activity.

4 0
3 years ago
TRUE OR FALSE ? WHY ? HELP ME
nikdorinn [45]

7. True

8. False

9. False

Must click thanks and mark brainliest

Sorry if wrong.

6 0
2 years ago
You want to purchase a new car, and you are willing to pay $19,970. If you can invest at 10% per year and you currently have $15
andrezito [222]

Answer:

It will take 3 years to have enough money to purchase the car.

Explanation:

We can use either Compounding or Discounting Formula to determine the time it will take to make $19,970 from $15,000 when the investment rate is 10%. Lets go with the Compounding Formula:

                           Future Value = Present Value * (1 + i) ^ n

<u>Re-arrange equation for "n" which is the Time Period:</u>

⇒ FV / PV = (1 + i) ^ n

Taking log on both sides;

⇒ log (FV / PV) = log (1 + i) ^ n

OR log (FV / PV) = n log (1 + i)

OR n = log (FV / PV) / log (1 + i)

Simply put values now;

⇒ n = log (19,970 / 15,000) / log (1 + 10%) = log (1.33) / log (1.1) = .12 / .04

OR n = 3

3 0
3 years ago
One of juran's ten steps to quality improvement states that:
daser333 [38]

Answer:

an organization should build awareness of the need and opportunity for improvement.

Explanation:

Juran’s 10 steps to quality improvement are:

   Build awareness of opportunity to improve.

   Set-goals for improvement.

   Organize to reach goals.

   Provide training

   Carryout projects to solve problems.

   Report progress.

   Give recognition.

   Communicate results.

   Keep score.

   Maintain momentum by making annual improvement part of the regular systems and processes of the company

6 0
2 years ago
Other questions:
  • Consider the following production and cost data for two products, Q and P: Product Q Product P Contribution margin per unit $35
    9·1 answer
  • Why are marketers intensely interested in capturing a larger share of teenage market
    9·1 answer
  • True or False: A price ceiling below $25 per box is not a binding price ceiling in this market. True False Because it takes many
    11·1 answer
  • When starting a business it is best to ? A. Borrow from bank B. Find investors C. Use your saving D. Obtain a loan from family o
    6·1 answer
  • Please help for my career class please
    8·2 answers
  • Considering the following labor markets. A slightly different feature of labor markets is that employees are the suppliers of la
    14·1 answer
  • he table gives the demand and supply schedules for boat rides. If the demand of boat rides increases by 40 rides a​ day, the pri
    10·1 answer
  • A partial list of Waterways' accounts and their balances for the month of November 2016 follows:
    9·1 answer
  • Which statement does not describe central bank monetary policy action? Central bank action should be humble because of the risk
    13·1 answer
  • Work with delivery teams that are implementing the solution to ensure the technology features are appropriate. Ensure alignment
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!