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Leto [7]
3 years ago
13

The following credit sales are budgeted by Swifty Corporation:

Business
1 answer:
Genrish500 [490]3 years ago
3 0

Answer:

$458,000

Explanation:

April

$460,000 x .70 = $322,000

March

$520,000 x .2 = $104,000

February

$400,000 x .08 = $32,000

Addition of APRIL+MARCH+FEBRUARY

$322,000 + $104,000 + $32,000

= $458,000

Therefore the anticipated cash inflow for the month of April is $458,000

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Swifty's Market used the perpetual method to record the following events involving a recent purchase of inventory:
butalik [34]

Answer:

Inventory balance will be of 73,318

Explanation:

Inventory                     75,400

     Account payable                75,400

to record goods received

Account payable           1,300

           Inventory                          1,300

to record return of goods

Inventory                          700

            Cash                                  700

to record payment of freight

Account Payable        74,100

            Inventory                         1,482

            Cash                              72,618

to record payment of invoice within discount period

75,400 - 1,300 = 74,100

74,100 x 2% = 1,482

Inventory balance:

<em>   DEBIT         CREDIT</em>

 75,400

                       1,300

      700

                       1,482

<u><em>balance: </em></u>

  73,318

8 0
2 years ago
Your unit is preparing to conduct a cordon and search operations in a nearby village suspected of harboring insurgents. your hav
ASHA 777 [7]
<span>The task is the stability task. Basically, this means you would find an note a safe and secure environment that will be key in gaining the support of the locals for any further military operations. It is to create a level of civil security that, depending on the mission, could rely on locals for help.</span>
6 0
3 years ago
What do people purchase as a form of risk management to protect themselves from losing a lot of money in the event something hap
MaRussiya [10]
They purchase insurance.
6 0
2 years ago
Read 2 more answers
In which of the following situations would a delegation of contractual duties be allowed? Multiple Choice A painter hired to pai
Trava [24]

Answer:

A painter hired to paint your home.

Explanation:

Delegation of contractual duty occurs when the individual that is supposed to perform a task transfers the responsibility of performing the task to another person.

For example if someone is supposed to paint a house but he has other engagements. He can delegate to another painter to perform the painting.

Delegation does not transfer contractual rights as the original person still collects payment for performance of the task.

Usually delegation can occur for tasks that do not require special skill and can be performed by anyone.

In the other scenarios special skill is required so delegation will not be usually allowed.

8 0
2 years ago
When Joe didn't have health insurance, he acted very cautiously, because he knew he would have to pay for any medical bills he i
pishuonlain [190]

Answer:

The correct option is B

Explanation:

As Joe has health insurance, now he is engaged in the activities which are more risky because he knows that if he gets hurt then the health insurance will cover it. So, this economic problem in the story will be referred to as the moral hazard because it is a hazard when one party can take the risks knowing that the other party will bear the outcome.

7 0
3 years ago
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