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3 years ago

Which of the following is a business plan most similar to? A pinball machine

Business

1 answer:

pickupchik [31]3 years ago

5 0

Answer:

C: A road map.

Explanation:

Business plans are mapped out just like road map. Pinball machines and dreams are not mapped out and wish lists are just collections of things that you want while a business plan is a plan of action.

Hope this helps! :)

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The stockholders’ equity accounts of Martinez Company have the following balances on December 31, 2017. Common stock, $10 par, 3

lord [1]

Answer:

retained earnings 577,200 debit

stock dividends payable 577,200 credit

--to record declared stock dividends--

stock dividends payable 577,200 debit

common stock 156,000 credit

additional paid-in 421,600 credit

--issued stock dividends--

retained earnings 11,544,000 debit

stock dividends payable 11,544,000 credit

--to record declared stock dividends--

stock dividends payable 11,544,000 debit

common stock 3,120,000 credit

additional paid-in 8,424,000 credit

--issued stock dividends--

A 2-for-1 stock split NO ENTRY

Explanation:

Stock dividends of 5%

Shares outstanding 312,000 x 5% x $37 market price

15,600 new shares x $ 37 per share = $ 577,200

First we declare the dividend payable, then we write-off the payable and increase equity.

Common stock for the face value and additional paid-in for the difference:

15,600 x 10 = 156,000

577,200 - 156,000 = 421,600

Stock Dividends of 100%

312,000 x 100% x 37 = 11,544,000

same entries as before but, with difference number

face value 312,000 x 10 = 3,120,000

additional paid-in 8,424,000

A 2-for-1 stock split

No entry is required as the company will have double shares but with halft the value each. It will not effect the total market capitalization.

6 0

3 years ago

In a survey of a group of people, it was found that 60 0f them have

GalinKa [24]

Answer:

i) 15 ii) 177

Explanation:

Number of people with business = 60

Number of people with farming = 125

Number of people with government jobs = 45

Number of people with business only = 27

Number of people with government jobs only = 15

10 have business and government job only, 5 have government job and farming only.

i) Let x represent the number of people with all three jobs. Hence:

Number of people with government jobs = number of people with all three jobs + number of people with government and farming job + number of people with government and business + number of people with government job only

45 = x + 10 + 5 + 15

45 = x + 30

x = 15

15 people have all three profession.

ii)

Number of people with business jobs = number of people with all three jobs + number of people with business and farming job + number of people with government and business + number of people with business job only

60 = 15 + number of people with business and farming job + 10 + 27

number of people with business and farming job = 60 - 52 = 8

Number of people with farming jobs = number of people with all three jobs + number of people with business and farming job + number of people with government and farming + number of people with farming job only

125 = 15 + 8 + 5 + number of people with farming job only

number of people with farming job only = 125 - 28 = 97

Number of people surveyed = number of people with all three jobs + number of people with business and farming job + number of people with government and farming + number of people with farming job only + number of people with government and business + number of people with business job only + number of people with government job only

Number of people surveyed = 15 + 8 + 5 + 97 + 10 + 27 + 15

Number of people surveyed = 177

3 0

2 years ago

Taussig Snow Removal's cost formula for its vehicle operating cost is $1,880 per month plus $394 per snow-day. For the month of

arsen [322]

Answer:

$394 U

Explanation:

Calculation for the activity variance for vehicle operating cost in February would be

First step is to calculate the Flexible budget

Flexible budget= $1,880 + ($394 × 14)

Flexible budget=$7,396

Second step is to calculate the Planning budget

Planning budget= $1,880 + ($394 × 13)

Planning budget=$7,002

Last step is to calculate the activity variance for vehicle operating cost in Februar

Activity variance=Flexible budget $7,396-Planning budget $7,002

Activity variance=$394 U

Therefore The activity variance for vehicle operating cost in February would be closest to $394 U.

3 0

3 years ago

There are many unstated assumptions in the problem given above. Even if the mathematical solution is to make only one or two typ

Genrish500 [490]

Answer:

The unstated assumptions in the problems given is that the company may require more units of aluminium and steel, which would allow for producing more bicycles.A linear programming model cannot account for this.

Explanation:

Linear programming model: this is an algebraic description of te objectives to be minimized and the constraints to be satisfied by the variables.

3 0

3 years ago

Atlas Company provided the following information for last year: Operating income $ 92,000 Sales 235,000 Beginning operating asse

STALIN [3.7K]

Answer: 0.22

Explanation: Return on total assets is calculated by dividing net income or operating income from average total assets. It is a profitability ratio which is used by analysts to evaluate the ability of the firm to generate revenue from the given level of assets it have.

$=\:\frac{operating\:income}{Average\:total\:assets}$

where,

$Average\:total\:assets=\frac{410,000+\:440,000}{2}$

= $425,000

Now,putting the values into equation :-

$=\:\frac{92,000}{425,000}$

= 0.22

8 0

3 years ago