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GalinKa [24]
3 years ago
9

A Devil Team is a team that does not simply agree on what you say, but rather critique your ideas in order to create something b

etter.
True or false?
Business
1 answer:
Marrrta [24]3 years ago
7 0

Answer:

The statement is: True.

Explanation:

In management, devil teams are those composed of individuals who tend to have a critical way of thinking about ideas or methods of working proposed. Their objective is not to play the role of antagonists but to expose possible weak points on what is being proposed to them to improve it.

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Northwest Fur Co. started 2021 with $103,000 of merchandise inventory on hand. During 2021, $560,000 in merchandise was purchase
Naya [18.7K]

Answer:

The cost of goods available for sale is $650,100

Explanation:

Credit terms of 3/15, n/45 means that 3% discount for the payment within 15 days and the full amount to be paid within 45 days.

The discounts Northwest Fur Co. took = $560,000 x 3% = $16,800

Northwest uses a perpetual inventory system and the gross method to record purchases.

Net Purchases = Purchases - Purchase Returns - Purchases Discounts + Freight-In = $560,000 - $4,900 - $16,800 + $8,800 = $547,100

The cost of goods available for sale = Beginning merchandise inventory + Net Purchases = $103,000 + $547,100 = $650,100

4 0
3 years ago
I’m 15 Years Old I Need A Job Changing Baby Girl Poop Diapers Do Any Of Y’all Know Where There Is A Place Where They Allow 15 Ye
scZoUnD [109]
Not a job, but you can baby sit for people if you know how to take care of kids
3 0
2 years ago
Zeta Co. reported sales revenue of $4,600,000 in its Income Statement for the year ended December 31, 20X1. Additional informati
Black_prince [1.1K]

Answer:

Zeta would have reported 20X1 sales of $4,280,000.

Explanation:

Note: the additional information in the question is correctly represented before answering the question as follows:

                                                                 12/31/X0              12/31/X1

Accounts receivable                              $1,000,000         $1,300,000

Allowance for uncollectible accounts      (60,000)             (110,000)

The explanation of the answer is now given as follows:

Since sales is equal to cash collections under the cash basis of accounting,  cash collected on accounts receivable can therefore be calculated as follows:

Ending balance = Beginning balance + Sales − Collections − Write-offs ......... (1)

Where;

Ending balance = $1,300,000

Beginning balance = $1,000,000

Sales = $4,600,000

Collections = ?

Write-offs = $20,000

Substituting the values into equation (1) and solve for collections, we have:

$1,300,000 = $1,000,000 + $4,600,000 − Collections − $20,000

Collections = $1,000,000 + $4,600,000 − $20,000 - $1,300,000

Collections = $4,280,000

Therefore, Zeta would have reported 20X1 sales of $4,280,000.

7 0
3 years ago
Explain why most trade occurs because of comparative advantage. Be sure to provide examples from the data tables or from the les
Murljashka [212]

Most trade is due to the comparative advantage of an organization's ability to produce a good or service with lower marginal cost and opportunity cost.

As an example, we can cite trade between Africa and the United States, where Africa markets agricultural products such as corn and citrus to the US, and the US markets technological products such as computers to Africa.

Therefore, companies will use comparative advantage to acquire goods and services at lower prices than other competitors.

Learn more here:

brainly.com/question/7780461

4 0
3 years ago
Most offers can be revoked even after the offer has been accepted.<br><br> True<br><br> False
Jlenok [28]
I'm going with false. Let me know.
6 0
3 years ago
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