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Varvara68 [4.7K]
3 years ago
8

Jorge Company had the following transactions during 2017. • Sales of $4,500 on account • Collected $2,000 for services to be per

formed in 2018 • Paid $1,325 cash in salaries • Purchased airline tickets for $250 in December for a trip to take place in 2018 What is Jorge’s 2017 net income using cash-basis accounting
Business
1 answer:
Dennis_Churaev [7]3 years ago
8 0

Answer:

Ne Income 425

Explanation:

Revenue                 2000

Salaries                  1325

Travel expenses   250

Net Income           425

The cash basis is a method of recording accounting transactions for revenue and expenses only when the corresponding cash is received or payments are made

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Three methods of time management
Sergio [31]

Start by analyzing how you're spending the day by logging your activities and eliminating time wasters. Then, organize everything around you and then prioritize your tasks and get the main things done without multitasking. Duncan also suggests systemizing all of your repetitive tasks.

mark brainliest please it would help alot

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7 0
3 years ago
here are seven firms in the automobile industry. The market shares of the firms are 34​ percent, 21​ percent, 17​ percent, 9​ pe
Lemur [1.5K]

Answer:

The answer is  "Option 4".

Explanation:

The Herfindahl-Hirschman Index formula:

HHI=s_{12} + s_{22}  + s_{32} + s_{42} +........ + s_{n2}

here sn is the firm n's share of the market proportion represented the society in general number instead of a decimal

Index Herfindahl-Hirschman:

= (34)^2 + (21)^2 + (17)^2 + 92 + 82 + 62 + 52\\\\= 1156 + 441 + 289 + 81 + 64 + 36 + 25\\\\= 2092

Index Herfindahl-Hirschman(Result of the merger, firms with profit margins of 6% and 5% provided market shares of respectively).

= (34)^2 + (21)^2 + (17)^2 + 92 + 82 + 112\\\\= 1156 + 441 + 289 + 81 + 64 + 36 + 121\\\\= 2188

The market with just an HHI of less than 1,500 is called a competitive industry, one on an HHI of 1,500 to 2,500 is called a moderately competitive store, and one on an HHI of 2,500 or higher is considered a highly potent store by us Justice department.

All businesses operate in a moderately crowded market, as well as a merger such as this reduces competition (increases chances of monopoly). Also as result, the Justice Dept may examine its merger but will most likely deny this because the Herfindahl-Hirschman index has risen.

8 0
3 years ago
If A, B, and C are three activities connected with SS and FF (combination) relationships with 2-day lag on the SS relationships
damaskus [11]

Answer:

22 days

Explanation:

number of activities : 3 ( A,B,C)

connected via : SS and FF combination.  days lag on SS and F = 2

Durations : 5,10 and 3

A and B is connected by SS and there is a 2-day lag on the SS connection, this means that B will start 2 days after A have ended

i.e when T = 0 , B will start : 5 +2 = 7 days and end in 17 days

while B and C is connected by FF and there is also a 2-day lag on the FF connection, this means that C will start after B has ended and end in 2 days

i.e when B ends at 17 days ; C starts = 17 + 2 = 19 DAYS

hence the project will end in 19 + 3 = 22 days ( i.e when C ends )

7 0
3 years ago
To keep their strategic alliances thriving, corporations have begun to develop organizational structures to support them and hav
mel-nik [20]

Answer:

The correct answer is letter "D": partner relationship management.

Explanation:

Partner relationship management is the set of actions two or more companies handle among themselves to share information about a market and conduct their operations strategically without losing their independence. The purpose of the gathering is to collaborate with each other -not necessarily financially- moreover when one of those companies is facing hardship.

5 0
3 years ago
"The average rate of return on investments in large stocks has outpaced that on investments in Treasury bills by over 8% since 1
Setler [38]

Answer:

Explanation:

People engage in investments  in order to reap benefits in the future by sacrificing current consumption of the available money.

An investor refers to the person making  an investment. He/she always maximize the return based on  risk-taking capabilities. Investors are been categorized into risk takers based on their risk taking capabilities, these categories are: Risk averse and risk natural.

Those people who invest in safe investment options and reap low returns by taking least or no risk are known as risk averse investors. Therefore, risk investors, prefers securities like treasury bill for investment.

High liquidity, least risky, steady returns and short term maturity are the main treasury bill that attract  risk averse investors.

Thus, investors with least or no risk prefer treasury bills.

5 0
3 years ago
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