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3 years ago

The real purpose of the company's strategic vision:

Business

1 answer:

Lilit [14]3 years ago

4 0

Answer:

e. serves as management's tool for giving the organization a sense of direction.

Explanation:

The real purpose of the company's strategic vision is to serves as management's tool for giving the organization a sense of direction.

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Kyle works for national sporting goods, where he manages critical data elements, such as identifying and acquiring new data sour

amid [387]

Kyle is a Data Analyst. Data analysts do a variety of tasks involving data including organizing and structuring data for a business, search for patterns among data sets, write reports to help executives make decisions, and analyze data to inform business practices.

8 0

3 years ago

Miller owns a personal residence with a fair market value of $380,900 and an outstanding first mortgage of $304,720, which was u

Romashka [77]

Answer:

$304,720

Explanation:

According to the IRS, qualified principal residence indebtedness may include:

1) Debt incurred in order to purchase, build or improve your house or main residence, and the debt is secured by the house or principal residence (mortgage).

2) Any house debt in (1) that is refinanced in order to improve, build or purchase something of your house or principal residence, e.g. you refinance your mortgage in order to build a swimming pool. The loan balance cannot exceed the original mortgage.

A fishing boat is not considered a home improvement, so the equity loan is not considered qualified residence indebtedness.

6 0

3 years ago

A cash payment received from a customer for a product purchased on account would be recorded as...

photoshop1234 [79]

A cash payment received from a customer for a product purchased on account would be recorded as DEBIT TO CASH AND CREDIT TO ACCOUNT RECEIVABLE. Cash is debited because cash has been received by the company and it has to be debited to the asset account of cash. The account receivable is credited to record the fact that money has been received.

8 0

3 years ago

Cost and Amortization of Intangible Assets On January 2, 2019, Frazier Company purchased a restaurant franchise for $85,000. The

umka21 [38]

Answer: The following journal entries would apply:

Purchase of franchise:

Debit: Restaurant franchise (intangible asset) $85,000

Credit: Cash $85,000

Amortization of franchise:

Debit: Amortization charge $708

Credit: Accumulated amortization $708

Explanation: When the franchise was purchased, there was a cash outflow. So the above first entries would apply in order to recognize the intangible asset in Frazier Company's books. However, the intangible was meant to be amortized over 10 years, meaning $85,000/10 years = $8,500 annual amortization charge. We still have to divide this by 12 in order to arrive at the monthly amortization charge. So $8,500 divided by 12 months = $708 monthly. The above entries apply on amortization.

5 0

3 years ago

Travis International has a one-time expense of $2.86 million that must be paid three years from now. Since the firm cannot raise

zlopas [31]

Answer:

monthly saving = $77037.69

Explanation:

given data

expense = $2.86 million

earn on saving = 2.1 percent

to find out

how much must it save each month

solution

we find here monthly saving by formula that is

monthly saving = future value ÷ $\frac{(1+r)^{nt}-1}{r}$ .................1

here r is monthly rate that is $\frac{2.1}{12}$ = 0.175% and n is 12 and time is 3 year

so put here value we get

monthly saving = 2860000 ÷ $\frac{(1+0.00175)^{36}-1}{0.00175}$

monthly saving = $77037.69

8 0

2 years ago