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3 years ago

A technique known as _____ is one useful strategy for problem finding.

1 answer:

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A technique known as bug listing is one useful strategy for problem finding. A bug list is known as making a list of theings that bug you. When this list is made, you can help solve the problems that are bugging you in your life instead of dwelling on things that may never change or dwelling without changing your life.

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Initially, Rhett believed he should maintain his production facilities within the United States and simply export his designer e

Vinvika [58]

Answer:

Export Assistance Center

Explanation:

Export Assistance Center is the one which is established by the federal government to provide or offer the front line service and outreach for the operations to the US exporters.

These centres assist the business in US which are new exporting and would like to expand the additional markets of exports or to increase the market share in the existing markets.

So, Rhett lack in expertise in exporting so he decided to see if the federal government might provide help through contacting the export assistance centre.

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3 years ago

red line railroad inc. has three regional divisions organized as profit centers. the chief executive officer (ceo) evaluates div

amid [387]

A quarterly income statement is a form that can force an entrepreneur to keep track of the gains and losses from their company over the course of three months. It is also referred to as the profit or loss account.

It is a financial statement that lists both the business's expenses and potential profits. It will include information about your three-month earnings in total. It demonstrates how your revenues can be turned into earnings.

By balancing the accounting books, the quarterly income statement may be calculated. You are required to make this type of statement while taking into account the company's financial stability. A Microsoft Word template or an Excel template is a fantastic place for you to start when preparing an quarterly income statement . You must thoroughly examine your company's performance in corporate finance, and you can only accomplish that by determining your company's income. In addition to a balance sheet, you must calculate your net income and evaluate your earnings.

Learn more about quarterly income statement here

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2 years ago

Thomas Company has decided to purchase a company vehicle. The accountant was given all of purchase details. Which should be used

DanielleElmas [232]

Answer:

The price negotiated with the dealer.

Explanation:

Since in the question it is mentioned that the Thomas company decided to purchase a company vehicle. And the accountant provided all the purchase details.

So for recording the vehicle in the accounting records the price negotiated with the dealer is used as in the accounting, only numbers are recorded which are based on the type of the transactions.

The purchase details includes color of a vehicle, price, mileage, capacity, etc

Therefore for accounting purpose, we only considered the price and the same is to be considered.

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3 years ago

Sue Peters is the controller at Vroom, a car dealership. Dale Miller recently has been hired as bookkeeper. Dale wanted to atten

Varvara68 [4.7K]

Answer:

Unethical behavior

Unethical behavior refers to the actions of an individual that exist outside what is marked as morally proper or right for a profession, person and industry. The institute of management accountants has developed standards that must be maintained by the managers in order to face ethical challenges. These standards require managerial accountants to maintain their professional competence, preserve the confidentiality of the information they handle and to act with integrity and credibility.

Part 1)

In this case. Dale Miller is a new employee entrusted with the duties and responsibilities as a bookkeeper. Sue Peters is the supervisor. Dale has used office funds for his personal use thus violating the trust Sue and other managers had on him. An employee who has adopted such kind of behavior would fail to become trusted and valued employee of the company. Since. Sue hired Dale Miller and responsible for all the acts performed by Dale Miller. Therefore, it is ascertained that he should undertake termination of Dale Miller because he fails to comply with the policies pertaining to discipline in the organization.

Part 2)

In this case, when the supervisor Sue is a new employee and finds out a malpractice going on internally by an old employee. Thus under such condition Sue is required to discuss the issue with the immediate superior or supervisor. Unless Sue is able to get additional information pertaining to the issue, he would have warmed Dale Miller that such kind of behavior is not accepted in the future. Therefore, it is ascertained that Sue must have establish closer supervision and better control.

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3 years ago

The stockholders' equity section of Sheridan Company balance sheet at December 31, 2019, appears below:

dimulka [17.4K]

Answer:

Sheridan Company

1. Journal Entries:

Jan. 18 Debit Cash $1,920,000

Credit Common stock $800,000

Credit Paid-in capital in excess of par $1,120,000

To record the issuance of 80,000 shares of common stock at $24 per share.

Aug. 20 Debit Treasury stock $260,000

Debit Paid-in capital in excess of par $416,000

Credit Cash $676,000

To record the repurchase of 26,000 shares of Sheridan Company common stock at $26 per share to be held in the treasury.

Nov. 5 Debit Cash $1,600,000

Credit Common stock $500,000

Credit Paid-in capital in excess of par$1,100,000

To record the issuance of 50,000 shares of common stock at $32 per share.

2. Stockholders' Equity Section of Sheridan Company

Balance Sheet at December 31, 2019:

Paid-in capital

Common stock, $10 par value, 410,000 shares authorized;

330,000 issued and outstanding $4,600,000

Paid-in capital in excess of par 3,054,000

Treasury stock (260,000)

Total paid-in capital 7,394,000

Retained earnings 900,000

Total stockholders' equity $8,284,000

Explanation:

a) Data and Calculations:

Stockholders' Equity Section of Sheridan Company

Balance Sheet at December 31, 2019:

Paid-in capital

Common stock, $10 par value, 410,000 shares authorized;

330,000 issued and outstanding $3,300,000

Paid-in capital in excess of par 1,250,000

Total paid-in capital 4,550,000

Retained earnings 800,000

Total stockholders' equity $5,350,000

b) Transaction Analysis:

Jan. 18 Cash $1,920,000 Common stock $800,000 Paid-in capital in excess of par $1,120,000

Aug. 20 Treasury stock $260,000 Paid-in capital in excess of par $416,000 Cash $676,000

Nov. 5 Cash $1,600,000 Common stock $500,000 Paid-in capital in excess of par$1,100,000

Common stock:

Dec. 31, 2019: 330,000 issued and outstanding $3,300,000

Jan. 18, 2020: 80,000 issued of new shares 800,000

Nov. 5, 2020: 50,000 issued of additional shares 500,000

Dec. 31, 2020: 460,000 issued and outstanding $4,600,000

Paid-in capital in excess of par

December 31, 2019 $ 1,250,000

Jan. 18 issue 1,120,000

Aug. 20 treasury stock (416,000)

Nov. 5 issue of new shares 1,100,000

December 31, 2020 $3,054,000

Retained Earnings:

December 31, 2019 $800,000

Net income for 2020 100,000

December 31, 2020 $900,000

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3 years ago