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3 years ago

Supply chain analytics programs have many objectives that, if realized, would

Business

1 answer:

natali 33 [55]3 years ago

8 0

Answer:

Explanation:

A. mean higher prices for customers but will lead to greater customer satisfaction

B. mean higher prices for customers and thus lower customer satisfaction

C. offer lower prices for customers but lead to lower customer satisfaction

D. offer lower prices for customers and lead to greater customer satisfaction

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Cody Mountain Sports is an outdoor sporting goods guiding service located in northern Wyoming. Cody Mountain Sports (CMS) primar

saveliy_v [14]

Answer:

Cody Mountain Sports (CMS)

T-accounts:

Cash

Date Account Titles Debit Credit

Mar. 1 Common Stock $100,000

Mar. 1 Prepaid Insurance $1,200

Mar. 4 Service Revenue 20,000

Mar. 19 Vehicle Expenses 1,000

Mar. 22 Accounts Receivable 3,000

Mar. 24 Rent Expense 4,000

Mar. 27 Salaries Payable 1,000

Mar. 31 Cash dividends 2,500

Accounts Receivable

Date Account Titles Debit Credit

Mar. 15 Service Revenue $3,000

Mar. 22 Cash $3,000

Prepaid Insurance

Date Account Titles Debit Credit

Mar. 1 Cash $1,200

Salaries Payable

Date Account Titles Debit Credit

Mar. 18 Salaries Expense $10,000

Mar. 27 Cash $1,000

Common Stock

Date Account Titles Debit Credit

Mar. 1 Cash $100,000

Service Revenue

Date Account Titles Debit Credit

Mar. 4 Cash $20,000

Mar. 15 Accounts Receivable 3,000

Salaries Expense

Date Account Titles Debit Credit

Mar. 18 Salaries Payable $10,000

Vehicle Expense

Date Account Titles Debit Credit

Mar. 19 Cash $1,000

Rent Expense

Date Account Titles Debit Credit

Mar. 24 Cash $4,000

Cash Dividends

Date Account Titles Debit Credit

Mar. 31 Cash $2,500

Explanation:

a) Data and Analysis:

Mar. 1 Cash $100,000 Common Stock $100,000

Mar. 1 Prepaid Insurance $1,200 Cash $1,200

Mar. 4 Cash $20,000 Service Revenue $20,000

Mar. 15 Accounts Receivable $3,000 Service Revenue $3,000

Mar. 18 Salaries Expense $10,000 Salaries Payable $10,000

Mar. 19 Vehicle Expenses $1,000 Cash $1,000

Mar. 22 Cash $3,000 Accounts Receivable $3,000

Mar. 24 Rent Expense $4,000 Cash $4,000

Mar. 27 Salaries Payable $1,000 Cash $1,000

Mar. 31 Cash dividends $2,500 Cash $2,500

6 0

3 years ago

On January 1, 2021, the Allegheny Corporation purchased equipment for $115,000. The estimated service life of the equipment is 1

Mazyrski [523]

Answer:

1. $11,000 each year

2. $23,000 and $18,400

3. $15,000 and $12,500

Explanation:

The calculation of the depreciation expense for the 2021 and 2022 is shown below:

1. Straight-line method:

= (Purchase value of equipment - estimated residual value) ÷ (estimated service life)

= ($115,000 - $5,000) ÷ (10 years)

= ($110,000) ÷ (10 years)

= $11,000

In this method, the depreciation is same for all the remaining useful life i.e for 2021 also the same depreciation is applied i.e $11,000

2. Double-declining balance method:

First we have to determine the depreciation rate which is

= One ÷ estimated service life

= 1 ÷ 10

= 10%

Now the rate is double So, 20%

In year 1, the original cost is $115,000, so the depreciation is $23,000 after applying the 20% depreciation rate

And, in year 2, the $(115,000 - $23,000) × 20% = $18,400

3. Units-of-production method:

= (Purchase value of equipment - estimated residual value) ÷ (estimated production units)

= ($115,000 - $5,000) ÷ ($220,000 units)

= ($110,000) ÷ (220,000 units)

= $0.5 per units

For 2021, it would be

= Production units in 2021 year × depreciation per unit

= 30,000 units × $0.5

= $15,000

Now for the 2022, it would be

= Production units in 2022 year × depreciation per unit

= 25,000 units × $0.5

= $12,500

4 0

3 years ago

David saves money from his teaching job to buy a new boat when he retires in 20 years. The boat will cost $30,000. He has $12,00

Aliun [14]

Answer:

Invest at a minimum of 7.5% annual simple interest

Explanation:

Given the goal of purchasing a boat that will cost $30,000 in 20 years, David needs to earn an interest computed below on his investment in the savings account.

Interest required = 30,000 - 12,000

= 18,000

Therefore the minimum rate of interest that will achieve this goal,

= Principal * rate * time = target amount

= 12,000 * R * 20 years = 18,000

= R = 18,000/(12,000*20) = 0.075 = 7.5%.

In addition, David could also continue his saving from his teaching job. This will reduce the minimum investment return required to achieve the goal.

6 0

3 years ago

Prepare a journal entry for the purchase of office equipment on February 19 for $31,700, paying $7,600 cash and the remainder on

Pani-rosa [81]

Answer:

Dr Office equipment 31,700

Cr cash 7,600

Cr Accounts payable 24,100

Explanation:

Preparation of the journal entry for the purchase of office equipment on February 19

Based on the information given the if asset was purchased on February 19 for the amount of $31,700 in which the company paid the amount of $7,600 cash and the remainder on account which means that the journal entry will be:

February 19

Dr Office equipment 31,700

Cr cash 7,600

Cr Accounts payable 24,100

(31,700-7,600)

8 0

3 years ago

Which of the following is true about a sole proprietorship?

Alex73 [517]

The right answer for the question that is being asked and shown above is that: "d. A sole proprietorship has a life of its own apart from its owner." It is considered as the simplest business form where one can operate. It is not a legal entity in itself.

7 0

3 years ago