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kvv77 [185]
3 years ago
5

When conducting a SWOT analysis, information about turnover, profit margins, and staff quality can be used to identify:

Business
1 answer:
Alex17521 [72]3 years ago
4 0

When conducting a SWOT analysis, information about turnover, profit margins, and staff quality can be used to identify company strengths and weaknesses. By conducting a SWOT analysis, a company is able to find out valuable information about how their company is conducting business, future plans, and how they compare to others within the same market. Identifying your strengths and weaknesses is important in achieving success. When you know your strengths, it allows you to set your company apart from others and when you know your weaknesses, you can work on improving them.

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Sweet Corporation purchased 360 shares of Sherman Inc. common stock for $11,900 (Sweet does not have significant influence). Dur
aliina [53]

Answer:

(a) Debit Equity Investments for $11,900; and Credit Cash for $11,900.

(b) Debit Cash for $1,170; and Credit Dividend Revenue for $1,170.

(c) Debit Fair Value Adjustment for $1,600; and Unrealized Holding Gain or Loss - Income for $1,600.

Explanation:

(a) Journal entries to record the purchase of the investment

The journal entries will look as follows:

<u>Accounts Title and Description               Debit ($)       Credit ($)     </u>

Equity Investments                                   11,900

   Cash                                                                              11,900

<em><u>(To record the purchase of the investment.)                                         </u></em>

(b) Journal entries to record the dividends received

The journal entries will look as follows:

<u>Accounts Title and Description               Debit ($)        Credit ($)     </u>

Cash (w.1)                                                      1,170

Dividend Revenue                                                                1,170

<em><u>(To record the dividends received.)                                                       </u></em>

(c) Journal entries to record the fair value adjustment. (Assume a zero balance in the Fair Value Adjustment account.

The journal entries will look as follows:

<u>Accounts Title and Description                   Debit ($)        Credit ($)     </u>

Fair Value Adjustment (w.2)                            1,600

Unrealized Holding Gain or Loss - Income                          1,600

<em><u>(To record the fair value adjustment.)                                                      </u></em>

<u>Workings:</u>

w.1: Cash = Dividend received = Number of shares * Cash dividend per share = 360 * $3.25 = $1,170

w.2: Fair Value Adjustment = Fair value - Common stock purchase cost = (Number of shares * Selling price per share) - Common stock purchase cost = (360 * $37.50) - $11,900 = $1,600

6 0
3 years ago
The crowding-out effect stresses that Group of answer choices an increase in government expenditures will stimulate aggregate de
Anna007 [38]

The crowding-out effect is such that additional government borrowing to finance a larger deficit will increase the demand for loanable funds, causing real interest rates to rise.

<h3>What is the crowding-out effect?</h3>

The crowing-out effect refers to when the government borrows so much money that they make it hard for businesses to borrow and invest in new projects.

This happens because the government borrowing will decrease the amount of funds that can be borrowed in the market which will lead to higher interest rates for the remaining funds.

Find out more on crowding out at brainly.com/question/995089.

#SPJ1

8 0
2 years ago
The role of a non-executive director​
Reptile [31]

Answer:

Essentially the non-executive director's (NED) role is to provide a creative contribution to the board by providing independent oversight and constructive challenge to the executive directors. ... Clearly, it is appreciated that NEDs cannot give the same continuous attention to the business of the company.

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3 years ago
Is anyone gonna help I posted the same thing 3 times and no one will help. Ive been stuck in my room for days trying to get this
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Right a argumentive essay about people political opinions xx
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3 years ago
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Pharoah Company accounting records show the following at the year ending on December 31, 2022.
gregori [183]

Answer:

$ 708,420.00  

Explanation:

The formula for cost of goods sold is given below

Cost of goods sold=beginning inventory +purchases +freight-purchase discounts-purchases allowance and returns-ending inventory

Cost of goods sold=$42,000+$724,020+$15,600-$11,900-$10,700-$50,600=$ 708,420.00  

The purchases discount and purchase returns reduce the value of purchases made hence deducted.

The ending inventory is left in stock as a result is also deducted

8 0
3 years ago
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