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3 years ago

Q 8.1: what are notes or accounts receivable that result from sales transactions often called?

1 answer:

8 0

What are notes or accounts receivable that result from sales transactions often called? Trade receivables.

A trade receivable is the amount billed to a customer when another company delivers olds or services to them for business use. They are documented in accounts receivable and given as an invoice for the customer to pay the delivering party.

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Trisha's firm has filled all of its key management positions with parent-country nationals. What kind of staffing policy is this

N76 [4]

The ethnocentric staffing policy is used in Trisha firm.

What do you mean by staffing?

Staffing refers to the continuous process of finding, selecting evaluating and developing a working relationship with current or future employees. The main goal of staffing is to fill the various roles within the company with suitable candidates.

What is importance of staffing?

If the staff are not competent, your organization will lag. But if you recruit the right kind of professionals, any company would perform other chores, such as organizing, directing, and controlling properly. It also contributes to the efficient utilization of resources.

The ethnocentric approach--------- to recruitment means that we hire people from our parent country to fill positions all over the world.

Learn more about staffing policy:

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6 0

2 years ago

Darryl’s credit card has a minimum monthly payment of 2.51% of the card’s balance. If Darryl currently owes $1,431.72, what is h

kvasek [131]

The answer is D. $35.94

6 0

3 years ago

Read 2 more answers

Consider a firm with a contract to sell an asset for $138,000 five years from now. the asset costs $74,000 to produce today. giv

shepuryov [24]

The cost to produce today = 74000

At a discount of 12%, the future value of costs in 5 years = PV*(1+r)^n where PV = 74000, r= 12% = 0.12 and n = 5 years = 5

The value of costs in 5 years = 74000*(1+0.12)^5

The value of costs in 5 years = 74000*1.12^5

The value of costs in 5 years 130,413.28

Price in 5 years = 138,000

Profit = 138,000-130,413.28 = 7,586.72

The profit the firm will make on this asset (considering time value of money) = $7,586.72

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4 years ago

Blue Split sells ice cream cones in a variety of flavours. The following are data for a recent week: Revenue (1,000 cones at $1.

ikadub [295]

Answer:

$1.40

Explanation:

Per cent change in price = ($2.02– $1.85)/$1.85 = +9%

Per cent change in demand = (1000 – 850)/1000 = –15%

The elasticity is = ln(1 + per cent change in quantity sold)/ln(1 + per cent change in price)

= ln(1 – 0.15)/ln(1 + 0.09)

= –0.16252/0.08618

= –1.886

Variable cost = $660/1000

Profit-maximising price = [–1.886/(–1.886+1)]*$0.66 = $1.40

7 0

3 years ago

Select the best answer for each question. Background information: On January 1, 2015, Truesdale, Inc., purchased a piece of mach

romanna [79]

Answer:

On January 1, 2015, Truesdale, Inc., purchased a piece of machinery for use in operations. The total acquisition cost was $33,000. The machine has an estimated useful life of 3 years and a salvage value of $3,000. Using the double-declining-balance method, depreciation for 2015 is approximately $22,000.

At December 31, 2016, using the double-declining-balance method, the book value of the machine is approximately $7,333.33.

Using the double-declining-balance method, depreciation for 2017 is approximately $666.67.

Explanation:

depreciation expense using double declining method 2015 = 2 x 1/3 x $33,000 = $22,000

depreciation expense using double declining method 2016 = 2 x 1/3 x $11,000 = $7,333.33

depreciation expense using double declining method 2017 = $3,666.67 - $3,000 = $666.67

7 0

4 years ago