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kkurt [141]
3 years ago
8

Malcolm is a professional writer. He has already published many best-sellers. One of his friends expressed interest in knowing m

ore about his writing process, so Malcolm showed his friend a few of his first drafts. The friend observed that the drafts were nothing like the final book, and the writing seemed amateurish compared to Malcolm's published work. When asked about it, Malcolm said that it was the normal way of things. In this scenario, which of the following is a likely reason for this?​A) ​Malcolm would have revised his work many times before he was satisfied with it.B) ​The publishing company would have changed Malcolm's books entirely before publishing them.C) ​The drafts were long and cohesive because Malcolm would have spent time making sure the first draft was perfect.D) ​Writers only create first drafts; other people produce all subsequent drafts.
Business
1 answer:
maxonik [38]3 years ago
4 0

Answer:

Malcolm is a professional writer. He has already published many best-sellers. One of his friends expressed interest in knowing more about his writing process, so Malcolm showed his friend a few of his first drafts. The friend observed that the drafts were nothing like the final book, and the writing seemed amateurish compared to Malcolm's published work. When asked about it, Malcolm said that it was the normal way of things. In this scenario, the following is the reason of this:

A) ​Malcolm would have revised his work many times before he was satisfied with it.

Explanation:

  • The option A is best reason because generally a writer doesn't break his or her flow while writing and that is what Malcolm would have done. After, he would have revised his work many times until he was satisfied.
  • The option B is not correct as it is not possible to change the book of a writer entirely by the publishing company.
  • The option C is also incorrect as the drafts were not long and cohesive because his friend found the draft amateurish but not perfect.
  • The option D is incorrect as it is not true that writers only create first draft and other people produce all other subsequent drafts.

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On September 1 of the current year, Scots Company experienced a flood that destroyed the company's entire inventory. Because the
dangina [55]

Answer:

$82,580

Explanation:

We can calculate the estimated amount of inventory destroyed in the flood by deducting the cost of goods sold by the cost of goods available for sale.

DATA

Beginning Inventory  = $215,950  

Inventory purchased  = $192,730

 Sales = $543,500

Calculation

Inventory destroyed  Iestimated) =    Cost of Goods available for sale - Cost of Goods Sold

Inventory destroyed  Iestimated) =  $408,680  - $326,100

Inventory destroyed  Iestimated) = $82,580

Working

Cost of Goods available for sale  = Beginning Inventory + Inventory purchased

Cost of Goods available for sale = $215,950   + $192,730

  Cost of Goods available for sale = $408,680

Cost of Goods Sold  = Sales  - Gross Profits

Cost of Goods Sold = $543,500  - ($543400 x 40%)

Cost of Goods Sold = $ 326,100

4 0
4 years ago
PLEASE HELP FAST!!! What is the MOST likely reason that lottery winners often end up with serious financial problems?
zhuklara [117]

Answer:

taxes and no money management

Explanation:

some comes out of taxes and you do not know what to do with so much money

5 0
3 years ago
Broha Company manufactured 1,500 units of its only product during 2016. The inputs for this production are as follows:
likoan [24]

Answer:

c. 2.00.

Explanation:

The computation of the partial operating activity is given below:

The cost of material H is

= 360 × $2.50

= $900

Now the partial productivity of material H is

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Hence, the correct option is c.

4 0
3 years ago
A machine with a cost of $148,000 and accumulated depreciation of $103,000 is sold for $59,000 cash. The amount that should be r
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Answer:

c. $59,000

Explanation:

The cash flow statements shows the effect of the company's activities on cash. These activities are classed into operating, investing and financing activities.

When an asset is sold, the amount received from the sale is an inflow of cash to the company. This inflow is recognized in the investing segment of the cas flow statement.

Hence, the amount that should be reported as a source of cash under cash flows from investing activities is $59,000.

4 0
3 years ago
BlendIn, Inc. makes protective covers for small kitchen appliances. The firm currently produces six models, each of which is red
Softa [21]

Answer:

Activity-based costing system using multiple basis for allocation

Explanation:

Activity - based costing -

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This method helps to determine the relationship between the overhead activities and cost , and the products manufactured , via allocating the indirect costs to the product less randomly than the normal costing method .

hence , from the question information ,

The type of overhead costing system most appropriate for the Blendln is Activity-based costing system using multiple basis for allocation .

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3 years ago
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