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joja [24]
3 years ago
15

what type of resolutions are acted on without debate and without requiring memebrs to tread the resolution?

Business
1 answer:
sveticcg [70]3 years ago
5 0

Answer:

Resolutions of honor or recognition

Explanation:

Resolution of recognition is a document that is used to recognize the impact or contribution of a person(s) in whatever capacity. Also, a resolution of honor is a document that is given to a person(s) to honor or award such person(s).

These documents usually do not require debate or members vote or contribution before it is given out to deserving person(s).

I hope this helps.

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Merchandise with a list price of $4,700 is purchased on account, terms FOB shipping point, 1/10, n/30. The seller prepaid freigh
algol13

Answer:

There are two methods to record purchases in the perpetual inventory system. The net method is another means of recording purchases which initially records the invoice at it net amount of any cash discount giving management an advantage in controlling and monitoring cash payments.

Perpetual Inventory System

Gross Method

(a) Purchased the merchandise.

Merchandise Inventory $ 4700 Dr.

Accounts Payable $ 4700 Cr.

Terms FOB shipping point, 1/10, n/30

(b) Recorded receipt of the credit memo for merchandise returned.

Accounts Payable $ 1600 Dr.

Merchandise Inventory $ 1600 Cr.

(c) Paid the amount owed within the discount period.

Accounts Payable $ 3100 Dr

Discount $ 31 Cr

Cash $ 3069 Cr  

Perpetual Inventory System

Net Method

(a) Purchased the merchandise.

Merchandise Inventory $ 4700 Dr.

Accounts Payable $ 4700 Cr.

Terms FOB shipping point, 1/10, n/30

(b) Recorded receipt of the credit memo for merchandise returned.

Accounts Payable $ 1600 Dr.

Merchandise Inventory $ 1600 Cr.

(c) Paid the amount owed within the discount period.

Accounts Payable $ 3100 Dr

Cash $ 3100 Cr  

6 0
3 years ago
A company handbook states that employees will be given warnings for three instances of arriving late for work, after which they
zhenek [66]

Answer:

"at-will" simply means the employer can let you go without cause

Explanation:

At-will means that an employer can terminate an employee at any time for any reason, except an illegal one, or for no reason without incurring legal liability. Likewise, an employee is free to leave a job at any time for any or no reason with no adverse legal consequences.

3 0
2 years ago
Lisa Roark is the CEO of an e-commerce company located and operating only in the U.S. Recently, the company launched a new inexp
Triss [41]

Answer: International entrepreneurship

Explanation:

International business is becoming vital to more entrepreneurs and to the economy of their country. International entrepreneurship is when an entrepreneur conducts business activities across national boundaries.

International entrepreneurship leads to growth in the business and generate more revenue to the firm as nee opportunities open up. Lisa expanding her business abroad through foreign direct investment signifies international entrepreneurship.

7 0
3 years ago
Read 2 more answers
Choose an example of a type of new company you could start, and then use this company idea to answer the questions below. You mi
kupik [55]

Answer:

Find the explanation below.

Explanation:

1. The company I chose to operate would be Celebrity Hair Salon. The Celebrity Hair Salon is a standard salon with comfortable furnishings and state-of-the-art equipment intended to tend to the needs of celebrities. Clients are expected to make appointments for their services which the salon strictly adheres to.

2. I would prefer to fund this new business through debt financing. Debt funding entails borrowing funds from Creditors with the intention of paying back at a later time with the attached interest. Equity funding entails giving an investor a certain percentage of the company's returns thus making him a co-owner of the company. This affords him the right to make decisions for the business. Detaching the investor from this business is difficult because it requires buying him out.

I would prefer debt financing because I wish to retain sole ownership of the business. I can also go through some government agencies to obtain funds at lower interest rates. Moreso, there is a fixed debt repayment plan that I can set a target to meet until the debt is paid. Finally, I can regain my freedom after the payment is completed, thus regaining my business and not entitling me to anyone.

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The following selected transactions were completed by Capers Company during October of the current year: Oct. 1 Purchased mercha
Phoenix [80]

Answer and Explanation:

The answer is attached below

6 0
3 years ago
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