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3 years ago

Select the sentence where the idea is clearer.

Business

1 answer:

dmitriy555 [2]3 years ago

5 0

Answer:

B. We have every desire and hope of a substantial salary increase.

Explanation:

Prepositions are used along with a noun or a pronoun to indicate a relationship with another word or element in the clause. It makes an idea clearer.

Examples of prepositions are at, for, if, on, in, over, and under.

These are used to describe location time or place. However we should avoid unnecessary use of prepositions.

In this instance the use of for in the following sentence is unnecessary, as 'every desire' is adequate : 'We have every desire for and hope of a substantial salary increase. '

We have every desire and hope of a substantial salary increase. Is a more concise and better option

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Prepare the journal entries to record the following transactions on McLeena Company's books using a perpetual inventory system.(

DedPeter [7]

Answer:

Journal Entry are given below

Explanation:

solution

Journal Entry are as

PERPETUAL INVENTORY SYSTEM

debit credit

(1) March 2, Merchandise inventory $800,000

Borst Company $800,000

( record Inventory purchase )

(2) March 6,

Borst Company $140,000

Merchandise inventory $140,000

( record goods return )

(3) March 12,

Borst Company (800000-140000) $660,000

Cash (800000-140000) ×98% $646,800

Merchandise inventory $13,200

(800000-140000)× 2%

( record goods return )

8 0

3 years ago

A check drawn by a company in payment of a voucher for $965 was recorded in the journal as $695. What entry is required in the c

olga2289 [7]

Answer:

d. debit Accounts Receivable; credit Cash

Explanation:

The cash has been credited with $695 instead of $965 which means that $270 has been credited short. Same way, the liabilities have been debited by $270 short. So, we will have to reverse the entry ie. debit Accounts Receivable; credit Cash

8 0

3 years ago

Electronic Arts is a video game company that competes with Activision Blizzard. A condensed balance sheet for Electronic Arts an

timofeeve [1]

Answer:

a. <em>Computation of percentages for Vertical Analysis</em>

Other current Assets -- (Other current assets/Total Assets) * 100 -- ($291/$5070)*100 -- 6%

Intangible -- (Intangibles/Total assets) * 100 --($1,974/$5,070)*100--39%

Property and Equipment,Net -- (Property and equipment,Net/Total assets)*100-- ($548/$5070)100 -- 11%

Accrued Liabilities -- (Accrued liabilities / Total liability and stockholders Equity)*100 -- ($658/$5070)*100-- 13%

Total Liabilities -- (Total liability/Total liabilities and stock holders Equity) * 100 -- ($2803/$5070) * 100 -- 55%

b. <em>Percentage of intangible and Property and Equipment</em>

Intangibles -- (Intangibles / Total assets) * 100 -- ($1,976/$5070 * 100) -- 39%

Property and Equipment -- (Property and Equipment, Net/Total Assets) * 100 -- ($548/$5070 * 100) -- 11%

7 0

3 years ago

dentify a true statement about sales-oriented firms. a. They target their products to specific groups of people. b. They recogni

stellarik [79]

Answer:

Correct answer is (d). They target their products at "everybody" or the "average customer."

Explanation:

Every sales-oriented firms want more customers and want to make more profit by selling to as many customers as possible, this makes them to seek and target their products to every potential buyers and other average customers available.

6 0

4 years ago

Lynch Company began operations in 2019. The company reported $24,000 of depreciation expense on its income statement in 2019 and

rusak2 [61]

Answer:

2019 $8,000

2020 $19,000

Explanation:

Calculation to determine the temporary difference between the book value of depreciable assets and the tax basis of these assets at the end of 2019 and 2020.

Calculation for 2019 Temporary differences

2019

Using this formula

2019 Temporary differences = 2019 Depreciation- 2019 depreciation expense

Let plug in the formula

2019 Temporary differences =$32,000 - $24,000

2019 Temporary differences= $8,000

Calculation for 2020 Temporary differences

Using this formula

2020 Temporary differences=(2019 Depreciation+2020 Depreciation)-( 2019 Depreciation expense+2020 Depreciation expense)

Let plug in the formula

2020 Temporary differences= ($32,000 + $37,000) - ($24,000 + $26,000)

2020 Temporary differences=$69,000-$50,000

2020 Temporary differences= $19,000

Therefore the temporary difference between the book value of depreciable assets and the tax basis of these assets at the end of 2019 and 2020 will be $8,000 and $19,000

3 0

3 years ago