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2 years ago

A small business owner has two employees but each employee has a separate cash register drawer. this situation can be viewed as

2 answers:

5 0

When a small business owner has two employees but trusts each one to have their own cash register and handle the money of the business separately, that means that the owner supports the establishment of responsibility. One instance where this could happen is at a small deli or coffee shop.

zloy xaker [14]2 years ago

4 0

I believe the answer is: supporting establishment of responsibility

By creating separate register drawers, it is easier for the owner to find out which workers is at fault in case there is a shortage in the cash drawer. This would make the employees felt more responsibility because there is a way to hold them accountable for their works.

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Zimmerman Auto sells new and used cars. Among its assets are the following: (1) the showroom building, a separate building used

In-s [12.5K]

Answer: The assets that are classified as plant assets on the company's balance sheet include :

(1) the showroom building, a separate building used to service customer cars, and various parking lots.

Plant asset is known as the long-term fixed asset that is used to bring forth or sell commodities and services for the institution. These assets are tangible and are expected to produce economic benefits for the organization.

4 0

3 years ago

You're trying to save to buy a new $199,000 Ferrari. You have $49,000 today that can be invested at your bank. The bank pays 5.7

Gelneren [198K]

Answer:

It will take 25.28 year to have enough to buy the car ( ignoring Inflation effect)

Explanation:

Current Deposit = PV = $49,000

Future Value = FV = $199,000

Interest Rate = r = 5.7%

Use following Formula

FV = PV ( 1 + r )^n

$199,000 = $49,000 ( 1 + 0.057 )^n

$199,000 / $49,000 = ( 1 + 0.057 )^n

4.06 = 1.057^n

Log 4.06 = n log 1.057

n = log 4.06 / log 1.057

n = 25.28

it requires 25.28 year to have an amount to buy the Ferrari.

6 0

2 years ago

Introduction of checks into the payments system reduced the costs of exchanging goods and services. Another advantage of checks

sweet-ann [11.9K]

Answer:

they provide convenient receipts for purchases

Explanation:

Checks payment is a form of paying bills. They were created to allow people to make payments without carrying large amounts of cash hence convenient for purchases.They are also are safer than other forms of payment as they are traceable; when a transaction occurs and payment is made by checks, banks usually make copies of each check and the owner remains with an underlying copy from the check book.

6 0

3 years ago

An _______________ is a network link that uses internet technologies to interconnect the intranet of a business with the intrane

Usimov [2.4K]

I believe the answer would be Intranet, but I am not 100% sure.

7 0

2 years ago

Opal Company manufactures a single product that it sells for $100 per unit and has a contribution margin ratio of 30%. The compa

yarga [219]

Answer:

$490,000.

Explanation:

To find out sales of Opal Company we will use below equation,

Sales = Variable cost + Fixed cost + Target profit

variable cost margin will be (1 - contribution margin)

= 0.7 (1 - 0.3)

we will consider sales as x,

x = 0.70x + $49,000 + 0.20x

x = 0.90x + $49,000

x - 0.90x = $49,000

x = $49,000 / 0.10

x = $490,000.

Sales = $490,000.

7 0

3 years ago