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3 years ago

Analytical approach through which strategic choices can be assessed

Business

1 answer:

vodomira [7]3 years ago

6 0

Strategic planning is an Analytical approach through which strategic choices can be assessed.

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During the current fiscal year, Jeremiah Corp. signed a long-term noncancellable purchase commitment with its primary supplier.

cricket20 [7]

Answer:

Explanation:

The journal entry is shown below:

Not realized gain or loan A/c Dr $300,000

To Estimated liability on purchase of raw material $300,000

(Being the difference is recorded)

The difference is computed by

= Purchase value of raw material - market value of raw material

= $1,500,000 - $1,200,000

= $300,000

5 0

4 years ago

A ______ inventory turnover ratio may result in a reduction in storage and obsolescence costs as well as reduced borrowing.

Andrews [41]

The answer is higher so it’s higher

3 0

3 years ago

A director of a health information services department plans to do a research project on motivation that involves rewarding some

jeka94

Answer:

institutional review board.

Explanation:

This specific research project would need to be approved by the institutional review board. This is an administrative entity that has been established in order to protect the rights and welfare of human research subjects that have been recruited or chosen as participants in a study for the company that they are affiliated with. Which is the case in this scenario, since the health information services department is planning on doing the study on their own employees.

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4 years ago

Joe Donney operates a roller skating center. He has just received the monthly bank statement at August 31 from Citizens National

dlinn [17]

Answer:

Donney actually have $1,577 at August 31, 2014

Explanation:

Prepare a Bank reconciliation to determine the accuracy of the Cash Balance using the following steps

Step 1

Update the Cash Book (Bank Column) Balance

Cash Book (Bank Column)

Debit :

Balance as at August 31 $1,620

Rent collection $375

Total $1,995

Credit :

Service charge $9

Dishonored Checks $137

Printing Charge $20

Error : Understatement $252

Balance as per updated CB $1,577

Total $1,995

Step 2

Prepare a Bank Reconciliation Statement

Bank Reconciliation Statement as at August 31

Balance at Bank as per updated Cash Book $1,577

Add Unpresented Checks $756

Less Lodgements not yet credited ($1,695)

Balance as per Bank Statement $638

Conclusion :

Now that we have reconciled the Updated Cash Balance of $1,577 to the Bank Statement we can safely say Donney actually has $1,577 cash at August 31, 2014.

3 0

3 years ago

A firm has three different production facilities, all of which produce the same product. While reviewing the firm's cost data

kakasveta [241]

Answer:

Joshua statement is correct.

Explanation:

Marginal cost:

Is the cost of producing a new unit.

Average Cost:

$\frac{Fixed Cost + Variable Cost}{UnitsProduced} = $Average Cost$

$\frac{Fixed Cost}{UnitsProduced} + $Variable Cost Per Unit= Average Cost$

If the marginal cost of this plant is lower than their other plants, it can decrease his average cost by increasing the amount produced.

This increase in production decrease the impact of the fixed cost in the unit price. At more production the average cost will decrease. Because the variable cost keeps at the same value but the fixed cost per unit decrease.

3 0

3 years ago