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gulaghasi [49]
3 years ago
6

BreeTek is a cybersecurity company. The company has set up offices in all the major countries in the world. Software developers

from different countries are required to communicate with each other regularly. As they cannot meet in person, they communicate with each other via email, videoconferencing, and group communication applications. This team of software developers is an example of a(n) ________.
Business
1 answer:
Effectus [21]3 years ago
5 0

Answer: Virtual team

Explanation:

The team of software developers at BreeTek company are working as a virtual team, where ideas are shared and problems are solved among each other from different locations. A virtual team is a team of workers in which team members operate from different locations with the aid of communication enhancing technologies such as; conference calls, messanger and emails.

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The type of checking account that charges a small fee for every check that clears the account is a Cost-per-check account

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8 0
3 years ago
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Presented below are the ending balances of accounts for the Kansas Instruments Corporation at December 31, 2021.
dedylja [7]

Solution :

Current Assets

Cash                                                                     $ 20,000

Accounts receivable                                           $ 1,30,000

Less: Allowance for uncollectible accounts     - $ 13,000

Note receivable                                                    $ 100,000

Interest receivable                                                $ 3,000

Marketable securities                                           $ 32,000

Raw materials                                                       $ 24,000

Work in process                                                   $ 42,000

Finished goods                                                    $ 89,000

Prepaid Rent(Half of $ 60,000)                    <u>      $ 30,000      </u>

Total current assets                                             $ 4,57,000

Current Liabilities

Deferred revenue ($36,000/2)                           $ 18,000

Accounts payable                                                $ 1,80,000

Interest payable                                              <u>     $ 5000           </u>

Total current liabilities                                          $ 2,03,000

Working capital (4,57,000 - 2,03,000)           $ 2,54,000

8 0
3 years ago
Ivanhoe Company issued $492,000 of 10%, 20-year bonds on January 1, 2017, at 104. Interest is payable semiannually on July 1 and
mamaluj [8]

Answer:

Explanation:

For  answer , see the attached file.

Download docx
5 0
3 years ago
Suppose that Kyle can get an internship at an investment bank that pays him a stipend of $3,000.00. The internship also provides
noname [10]

Kyle is advised to take up the internship and leave the painting job, as the painting job will not give him tangible experience, which will be beneficial for his career.

<h3>What is internship?</h3>

A program where a person can get training or expertise of a specific area or field by working under a veteran or an expert in the field, whether paid or not, is known as internship.

In the above case, Kyle's internship will pay him a stipend of $3,000 along with tangible experience, which is beneficial for his future.

In the case of painting job he makes economic profit of $3,800 after getting a salary of $4,000 and spends on supplies for $200.

However, the rational profit of Kyle will be,

Painting Job Salary (4000) – Supplies (200) – Stipend from Internship (3000)= $800

Thus, it is beneficial for Kyle to take up internship and leave his painting job. The complete question has been attached as an image for better reference.

Learn more about internships here:

brainly.com/question/14973931

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4 0
2 years ago
Whispering Winds Company has the following balances in selected accounts on December 31, 2022. Accounts Receivable $ 0 Accumulat
alisha [4.7K]

Question Completion:

Record the adjustments.

Answer:

Whispering Winds Company

1. Debit Interest Expense $464

Credit Interest Payable $464

To record the interest expense for 4 months.

2. Debit Supplies Expense $1,798

Credit Supplies $1,798

To record supplies expense for the year.

3. Debit Depreciation Expense - Equipment $1,160

Credit Accumulated Depreciation - Equipment $1,160

To record the depreciation expense for the year.

4. Debit Insurance Expense $1,421

Credit Prepaid Insurance $1,421

To record insurance expense for 7 months.

5. Debit Unearned Revenue $8,700

Credit Service Revenue $8,700

To record service revenue earned for December.

6. Debit Accounts Receivable $4,872

Credit Service Revenue $4,872

To record service revenue earned for December.

7. Debit Salaries Expense $6,264

Credit Salaries Payable $6,264

To accrue unpaid salaries for 3 days.

Explanation:

a) Data and Calculations:

Account balances on December 31, 2022:

Accounts Receivable $ 0

Accumulated Depreciation-Equipment 0

Equipment 8,120

Interest Payable 0

Notes Payable 11,600

Prepaid Insurance 2,436

Salaries and Wages Payable 0

Supplies 2,842

Unearned Service Revenue 34,800

b) Interest expense = $11,600 * 12% * 4/12

c) Supplies expense = $2,842 - 1,044 = $1,798

d) Insurance expense = $2,436 * 7/12 = $1,421

e) Service Revenue = $34,800 * 1/4 = $8,700 with the balance as Deferred Revenue.

f) Salaries expense for 3 days = $10,440 * 3/5 = $6,264

8 0
3 years ago
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