Answer:
Process
Explanation:
A process involves the steps or actions that are taken for the accomplishment and achievement of a particular aim or objective. A business process is a structured, related, activities by individuals or machines whereby a specific sequence leads to the production of a product or a service for a particular set of people.
Processes occur at every organizational levels. Without processes in organizations, the accomplishment of organization goals will not be feasible.
Answer: Bad Debt expense= $34,500
Explanation:
Bad debt expense is the account receivables that a business records amount that would not be received due to lack of payment by its customers.
Using the percentage of receivables method,
Estimated uncollectibles = $14,900
unAdjusted balance in Allowance account = $ 19,600 debit
Bad Debt expense = Estimated uncollectibles +Unadjusted balance of a debit = $14,900 + $19,600= $34,500
This amount of $34,500 will now be recorded through an adjusting entry, The Bad Debt expense will be debited.
Answer: $22.22 and $9.52
Explanation:
The market to book ratio compares market value and book value. In this question, the market to book ratio is 4.5 times which means that Tina's Track Supply's common stock is trading at 4.5 times of the book value.
4.5 =
=
Book value =
=$22.22
The Price Earning ratio is calculated by dividing price per share by earnings per share (EPS)
10.5 =
EPS =
=$9.52
Answer:
Fixed overhead volume variance $540 unfavorable
Explanation:
<em>The fixed overhead volume variance is the difference between the budgeted and actual production volume multiplied by the standard fixed production overhead rate per unit.</em>
Overhead absorption rate = Budgeted Fixed overhead/Budgeted units
= 27,000/1000 =$27 per unit
Unit
Budgeted production 1000
Actual production <u> 980</u>
Volume variance 20
Standard fixed overhead cost $<u>27</u>
Fixed overhead volume variance <u> $540</u> unfavorable
Answer:
D. reorganization
Explanation:
Reorganization Is when a bankrupt business restructures itself so that it can continue as a viable business. It involves restating the assets and liabilities of the firm.
A merger is when two companies come together to form a single company.
Liquidation is when the assets of a company are distributed to creditors. It marks the end of a business.
A divestiture is when assets or parts of a business is either sold or exchanged.
A repurchase is when the shares of a company are bought back from shareholders by the firm.
I hope my answer helps you.