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nataly862011 [7]
3 years ago
9

Write a memorandum to your assigned partner about ordering supplies for an event at school.

Business
1 answer:
Licemer1 [7]3 years ago
5 0

Answer:

A memorandum is a form of communication within a company.

Explanation:

  When a company has a large staff working on it, it is very common to use a memorandum or memo.

It is a quick and easy way to remind someone of a task they have to do.

The structure of the memorandum should be as follows:            

                Memorandum:

To: Sara, Organization Department.

From: Marcus, Organization Department.

Date: 05/04/2020

Re: Supplies for the Football Tournament.

_________________________________________________

Sara, please don't forget to order the balls and shirts missing for the football tournament.

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Assume the perpetual inventory system is used. 1) Green Company purchased merchandise inventory that cost $16,100 under terms of
saw5 [17]

Answer:

$7,473

Explanation:

Calculation to determine the amount of gross margin that results from these transactions

First step is to calculate COGS

COGS=$16,100-($16,100 * 0.03)+$610

COGS=$16,100-$483+$610

COGS=$16,227

Now let calculate the Gross margin

Using this formula

Gross margin = Sales revenue - COGS

Let plug in the formula

Gross margin=$23,700 - $16,227

Gross margin =$7,473

Therefore the amount of gross margin that results from these transactions is $7,473

6 0
3 years ago
At your full-service brokerage firm, it costs $110 per stock trade. How much money do you receive after selling 100 shares of Ti
Natasha_Volkova [10]

Answer:

A. $ 2,152

Explanation:

The total selling price of 100 shares at $22.62 is

100 *22,62  =                                        $ 2,262

Less:Brokerage firm fees                    <u>$      110</u>

Money received from sale of 100

shares of TMX                                      $ 2,152

5 0
3 years ago
A Ground Fault Circuit Interrupter (GFCI) is designed to do which of the following?
Ymorist [56]

Answer: Protect people from severe and sometimes fatal electrocution by monitoring for electrical leakage to ground.

Explanation:

The main purpose of a Ground Fault Circuit Interrupter (GFCI) is to ensure that when a person gets electrocuted, the flow of electricity is cut off quickly so that no serious injuries or death occurs.

It works by monitoring the electrical leakage to the ground by checking to see if the current going to and coming from the equipment differ by a certain amount and if it does, the GFCI will interrupt the circuit.

5 0
3 years ago
The following static budget is provided: Units 22,000 Units Sales $ 220,000 Less variable costs: Manufacturing costs $ 77,000 Se
Minchanka [31]

Answer:

$43,064

Explanation:

Sales $220,000 / 22,000 × 20,000

$200,000

Variable costs $77,000 / 22,000 × 20,000

($63,636)

Selling and admin $50,600 / 22,000 × 20,000

($46,000)

Manufacturing cost fixed

($26,400)

Selling and admin fixed

($20,900)

Net income

$43,064

Therefore, budgeted net income will equal $43,064 if 20,000 units are produced and sold.

5 0
3 years ago
Gary is a self-employed accountant who pays $2,000 for business meals. How much of a deduction can he claim for the meals and wh
bonufazy [111]

Answer:

He can Claim a 50% deduction on the Schedule C Business Expense Deductions

Explanation:

Business Meals fall under the category of the small businesses tax deductions made available under Schedule C by the Internal Revenue Service that can small businesses can take advantage of.

  1. The business owner or employee must be present at the meal.
  2. The meal must not be extravagant under any circumstances.
  3. The meal must be an ordinary and necessary part of carrying on businesses.

Gary as a self-employed accountant is a small service provider who can take advantage of this deduction.

5 0
4 years ago
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