Answer:
The administrative expenses in the planning budget for June would be closest to:
- d. $5,670 ⇒ $5,400 + (2,700 x $0.10) = $5,400 + $270 = $5,670
The net operating income in the planning budget for June would be closest to:
- c. $16,220 ⇒ ($47.80 x 2,700) - [$50,200 + (2,700 x $23.20)] = $129,060 - ($50,200 + $62,640) = $129,060 - $112,840 = $16,220
The medical supplies in the flexible budget for June would be closest to:
- d. $18,440 ⇒ $1,700 x (2,700 x $6.20) = $1,700 + $16,740 = $18,440
Answer:
Financial statements are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand.
Explanation:
Hope this helps
Answer: False
Explanation:
The contract is such that Molly agreed to bring bracelets if Jean would pay for said bracelets.
The terms of the contract therefore are that Jean would pay and Molly would deliver. Jean then calls Molly and says that they will be unable to pay which means that they are not going to be able to hold up their responsibilities in the contract.
Molly has the right to then cancel the contract because the other party will not be able to perform their obligations and face no repercussion for it.
Answer: True.
Explanation:
People sometimes have a tendency of doing only what they are told to do or only what they are paid for. This is why most people who progress in a company do so on the basis of having done work that was not in their description, but would have helped the company progress.
It would appear that Marsha's 6 employees are all of the caliber of employees who just do what they are told and nothing more.
For this reason therefore, she would include a stipulation changing the scheme to include careful performance of the other duties before any sales commission can be earned. This way they'll start to do those other things since they are now paid to do so.
