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3 years ago

Please help me!!!!!

Business

2 answers:

yuradex [85]3 years ago

8 0

The answer will be C. find a way to lower your costs

NARA [144]3 years ago

8 0

The correct answer is C. find a way to lower your costs.

took the test and got it correct

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Valley Designs issued a 90-day, 6% note for $96,000, dated April 22, to Bork Furniture Company on account. Assume 360 days in a

Novay_Z [31]

Answer: Please see answer in explanation column

Explanation:

a) Due date = April 22+90 days = July 21

b) Maturity value = 96,000+(96,000*6%*90/360) = $97,440

c1) Journal entry for receipt of note by Bork Furniture

journal Debit Credit

Notes receivable $96,000

Account receivable $96,000

C2) Journal entry to record receipt of payment at maturity

journal Debit Credit

Cash $97,440

Notes receivable $96,000

Interest revenue $1,440 (97,440-96,000)

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3 years ago

Russell Inc. had sales of $2,200,000 for the first quarter of 2017. In making the sales, the company incurred the following cost

tresset_1 [31]

Answer:

Sales 2,200,000

Less Variable Costs:

Cost of goods sold (920,000)

Selling expenses (70,000)

Administrative expenses (86,000)

Contribution 1,124,000

Less Fixed Costs

Cost of goods sold (440,000)

Selling expenses (45,000)

Administrative expenses (98,000)

Net Income 541,000

Explanation:

A CVP income statement is also known as a Variable Costing Income Statement and is written up as follows :

Sales 2,200,000

Less Variable Costs:

Cost of goods sold (920,000)

Selling expenses (70,000)

Administrative expenses (86,000)

Contribution 1,124,000

Less Fixed Costs

Cost of goods sold (440,000)

Selling expenses (45,000)

Administrative expenses (98,000)

Net Income 541,000

8 0

3 years ago

Which of the following is an indicator of how much output the average person would get if all output were divided up evenly amon

Effectus [21]

Answer:

C. per capita GDP

Explanation:

Per capita income is the average income earned per person in a country during a specified period of time . It is the measure of a country's Gross domestic products against its total population.

Per capita GDP is a measure of a country's economic output that accounts for its number of people. It divides the country's gross domestic product by its total population. it a good measurement of a country's standard of living. It tells you how prosperous a country feels to each of its citizens.

It is calculated by dividing the total GDP of a country by its population

therefore going by the question and the explanation given the best possible answer is C. Per capita GDP

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3 years ago

Mecomick trucking serves as a carrier for several private oilfield supply companies. it is classified as a _____ carrier. a cont

professor190 [17]

I believe the answer is A

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3 years ago

Select the correct answer.<br> Workers like authoritarian leaders best.<br> A True<br> B. False

aivan3 [116]

Answer:

False

Explanation:

In autocratic leadership, the leader or manager does not allow the team members to contribute to the group's decisions. It is also known as authoritarian leadership. The leader issues command-like instructions that must be followed by everyone.

In general, workers do not like authoritarian leaders. Authoritarian leaders do not consider workers' opinions, nor do they value their inputs in decision making. Discouraging group inputs stifles creativity and innovation. Workers are always demoralized as they do not feel part of the team and its decisions.

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3 years ago

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