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2 years ago

Fleming corp. provided services on account. the transaction would be recorded with a credit to:

1 answer:

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Fleming corp. provided services on account. The transaction would be recorded with a credit to service revenue. The transaction will also be recorded on the accounts receivable ledger as well. Service revenue is an account used in accrual accounting that reports fee income that a company earns during a specific time frame. Accounts receivable is an account that shoes money that is owed to a company by its debtors.

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Which way of preparing for a test does not use the Growth Mindset?

Artyom0805 [142]

Answer: I know that I'm not great at tests, so I'm not going to worry about studying a lot.

Explanation:

The Growth Mindset is a principle that describes the mindset of believing that one can get better. It is the belief that your basic skills can be horned to be better by constantly working towards it.

The person in Option B who said that they won't study because they know they are not very good at tests does NOT have the growth mindset because they are not interested in improving themselves at all. They have made up their mind that they are not very good at something and so will just leave it as it is. This is called a FIXED MINDSET.

7 0

3 years ago

Blanchard Company manufactures a single product that sells for $ 180 per unit and whose total variable costs are $ 126 per unit

Nuetrik [128]

Answer:

Part 1

Income Statement at 15,600 units

Sales ($ 180 x 15,600) $2,808,000

Less Variable Costs ($126 x 15,600) ($1,965,600)

Contribution $842,400

Less Fixed Costs ($842,400)

Net Income $0

Part 2

$3,278,000

Explanation:

Break even (units) = Fixed Cost ÷ Contribution per unit

= $ 842,400 ÷ ($ 180 - $126)

= 15,600 units

Assume the company's fixed costs increase by $ 141.000

Break even (units) = Fixed Cost ÷ Contribution per unit

= ($ 842,400 + $ 141.000) ÷ ($ 180 - $126)

= 18,212 units

Break even Revenue = 18,212 x $ 180 = $3,278,000

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3 years ago

With regard to the factors of production, "land" refers to which of these?

Orlov [11]

A) because that is they only one that actually makes sense

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2 years ago

How is performance management measured in your organisation? Your answer

Vlada [557]

Performance management is measured through the human resource management department of the organisation.

Explanation:

Human resource management department of the organisation exists in a sense to keep a check on and employ people for the company and see their effectiveness and how well they are for an asset for the company and if not why they have turned out to be a liability.

Performance management is also seen by the department as it makes sure that the employees are not overworked or the company is not overstaffed or understaffed and what share of work is being divided in the company

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3 years ago

Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. Boats from as far away as California and Japan

Readme [11.4K]

Answer and Explanation:

a. The crabs are a Common Good. They means can run out of supply if their use gets too much by society. Therefore, the decline of the Alaska king crab fishery can be explained by stating that the plenty types of boats such as those from California and Japan, has caused people to overfish, excessive fishing has brought about a decline in the supply of crabs.

b. There are 2 ways to avoid this

1. fishing permits have to be sold to the fishermen coming to fish for the crabs. Then the persons with the highest willingness to pay will come and buy the permits to fish.

2. Issuing just a particular amount of permits this would cause the fishermen to trade these permits. These open-market strategies have proved to be effective in organizing economic activity and are good stimulators in an economy.

c. They have been successful because regulations have been placed on fishing by the government. Also, if there are restrictions on other countries using up their spots and Canadians are the only ones fishing salmon, then there will be reduction in the decay rate of the population of the salmon, the salmon can easily repopulate, then Canadians would be able to come back the next year to fish again..

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3 years ago