1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marina86 [1]
3 years ago
6

In mid-October, Lambert expects to buy a new computer for $4,500 using the company credit card. Typically, the credit card bill

is paid in full in the following month. September's credit card purchases totaled $6,000. What is Lambert's expected cash disbursement in October for purchases of goods
Business
1 answer:
vfiekz [6]3 years ago
8 0

Answer:

$6,000

Explanation:

Since it is stated in the question that "Typically, the credit card bill is paid in full in the following month", it implies that cash will be disbursed in October for purchases of goods made in September, while cash will be disbursed in November for purchases of goods made in October.

Based on this, Lambert's expected cash disbursement in October for purchases of goods made in September is $6,000, while his expected cash disbursement in November for purchases of goods (a new computer) made in October is $4,500.

You might be interested in
A ______ is different from a sole proprietorship because it is legally defined as an entity that is separate from its owners.
olga_2 [115]
Corporation goes in the blank
7 0
3 years ago
The Josey Company uses the weighted average method. The beginning work in process consists of 6,000 units (100% completed as to
zvonat [6]

Answer:

Total equivalent units= 135,000 units

Explanation:

<u>The weighted average method blends the costs and units of the previous period with the costs and units of the current period.</u>

<u></u>

Conversion costs:

Units completed and transferred out= 133,000 units

Ending WIP= 10,000*0.2= 2,000 units

Total equivalent units= 135,000 units

3 0
3 years ago
Wade made a fairly serious error at work, causing his work group to miss an important deadline. Wade was personally called into
Nookie1986 [14]

Answer: <em>Individualistic culture </em>

Explanation:

Individualistic culture is referred to as the society that is mostly typified by the factors of individualism, that is computation or the prominence of the individual over an entire organization or group. The individualistic cultures are most often adjusted around oneself, being the independent body rather than identifying oneself with the group mentality.

8 0
3 years ago
Thomson Co. produces and distributes semiconductors for use by computer manufacturers. Thomson issued $800,000 of 10-year, 6% bo
igomit [66]

Answer:

May 1

Dr Cash 800,000

Cr Bonds payable 870,000

Nov 1

Dr Interest expense 24,000

Cr Cash 24,000

Dec 31

Dr Interest expense 8,000

Cr Interest payable 8,000

Explanation:

Thomson Co Journal entries

May 1

Dr Cash 800,000

Cr Bonds payable 870,000

Nov 1

Dr Interest expense 24,000

Cr Cash 24,000

(800,000*6%*6/12)

Dec 31

Dr Interest expense 8,000

Cr Interest payable 8,000

(800,000*6%*2/12)

8 0
3 years ago
The impact of war and terrorism on U.S. business is that
N76 [4]

Answer:

A) fewer jobs will be created in the United States.

B) companies have increased organizational costs, including insurance costs.

C) there is less global trade.

Explanation:

When war and terrorism run rampant, there are a lot of economic sectors that would experience an increase in demand. Example of this would be tourism  And hospitality industry. Nobody really want to have a vacation during wars. So this will made companies in this industry forced to cut off a lot of their employees.

During war, there are also a threat of attacks to the countries that might destroyed a lot of properties owned by the companies. This is why the insurance costs tend to be increased.

War and terrorism tend to resulted in several alliances between different countries. This also could make relationships between countries that previously act as trading partners became strained.

7 0
3 years ago
Other questions:
  • You currently manage Cody’s investment portfolio. He provided you with the following information for the beginning and the end o
    14·1 answer
  • Select the answer that best completes this sentence. Los pesos from different Spanish Speaking countries are _____
    12·2 answers
  • Two reasons why people are hesitant to report corruption
    6·1 answer
  • Now, suppose the government were to decrease net taxes by $20 billion without changing the level of government purchases. This w
    8·1 answer
  • What does someone need to do before they can become certified, licensed, or registered?
    10·2 answers
  • An independent study shows that when the city of Cleveland subsidized major sport teams owners with a billion dollars for three
    10·1 answer
  • Sarah has created a presentation to convince the executives at Sit Happens dog care, a regional chain of full service dog boutiq
    9·2 answers
  • The heart of the internal records system is the ________ because customers favor firms that can promise timely delivery. A. sale
    5·1 answer
  • Pine Street Inc. makes unfinished bookcases that it sells for $58. Production costs are $38 variable and $10 fixed. Because it h
    13·1 answer
  • South Carolina Industrial Products' bonds have a 7.00 percent coupon and pay interest annually. The face value is $1,000 and the
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!