Answer:
Note = $5,000
Interest rate = 6%
Time period = 120 days
The journal entry is as follows:
On July 12,
Account receivable A/c Dr. $5,100
To Notes receivable $5,000
To Interest revenue $100
(To record note dishonor)
Workings:
Interest revenue = $5,000 × 0.06 × (120÷360)
= $100
The sole purpose of an operating model is to define how all the businesses technology will be implemented is a False statement.
<h3>What is operating model?</h3>
The plan for how value will be produced and provided to target customers is known as an operating model. An operating model puts the business model into action and carries it out.
The purpose of operating model are-
- Strategic intent is converted into operational capability by an operating model.
- It acts as the cornerstone for execution and offers the enterprise leadership team, line managers, and operational teams a clear direction.
- While not the strategy itself, an operating model aids in its development and reinforcement.
- An operational model is a diagram that shows how a business operates.
- It covers everything, from the company's product sourcing practices to the organization of its functional regions and departments.
- Your strategy can be carried out according to an operating model.
- Many people mistake operating models with business models.
To know more about business model, here
brainly.com/question/24448358
#SPJ4
The complete question is -
The sole purpose of an architecture operating model is to define how all the businesses technology will be implemented. (True/False)
The budget must be these five things to be successful..
Must be realistic.
Should be flexible.
Should be evaluated regularly.
Must be well planned and clearly communicated.
<span>Should have a financial format.
</span>
Hope I helped!
Answer:
stock price
earning per share
dividends per share
Explanation:
A stock split is when a company increases the number of its shares outstanding.
for example if a company has 4 million shares outstanding at a price of $20, earning per share is $1 and dividend per share is $0.50. this company announces a 2 for 1 split :
the number of outstanding shares becomes 2 x 4 million = 8 million
stock price becomes = $40 / 2 =$20
earning per share = $1 / 2 = $0.50
dividend per share = $0.5 / 2 = $0.25
The Texas general land office is accused of mishandling funds earmarked for hurricane relief and recovery. The governor is responsible for investigating .
The governor is responsible for investigating because only the governor can call a special session . The governor also gets to set the agenda for the session as well.
The General land office has the responsibility to administer funds in the event of natural disasters like Hurricanes. They are also responsible to provide aid for long term as an disastrous event can displace people for months.
The Texas general land office through the community development and revitalization division works to rebuild communities by putting texas back in homes , restoring infrastructure and preventing future damage through planning.
To learn more about Texas:
brainly.com/question/536413
#SPJ4
