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vitfil [10]
3 years ago
9

The ambitious sprinkler system project was finally over and it was hard to believe that it took only two years. The project mana

ger leaned back in his office chair and admired his emerald green lawn and flower garden that was filling in nicely He was amused by the birds that had gathered to bathe and drink at a persistent puddle just outside his window, a harbinger of the first major repair of his own shoddy workmanship. His review of receipts for the job was less entertaining; between trips to the local home improvement store, consultations with plumbers, city inspectors, and some hired labor, he had sunk a small fortune into his lawn. The manager's:_________
A) Historical records made for interesting reading.
B) Post-project analysis would someday appear in Better Housekeeping.
C) Financial closeout would be forever hidden from his wife.
D) Project plan was a document for the ages.
Business
1 answer:
jeyben [28]3 years ago
7 0

Answer:

Option C

Explanation:

In simple words, the given case relates to the indiscipline if work performed by a manager. The manager was completely unaware of the fact that he had sunk a good amount of money on the project that he is admiring a lot.

     From the given case, we can estimate that the manager was also shocked for the first time after reading the receipt, therefore, he will definitely hide his financial reports from his wife or it would lead into a conflict.

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Colorado Corporation has two classes of​ stock: common, ​$3 par​ value; and​ preferred, ​$30 par value.Requirements1.Journalize
Alborosie

Answer:

1)

Debit   Cash/Bank 27,000    (4,500 shares x $6 per share)

Credit  Common Stock 13,500  (4,500 shares x $3 per share)

Credit  Paid-In Capital in Excess of Stated Value—Common 13,500  (4,500 shares x $3 per share)

2)

Debit   Cash/Bank 135,000  (4,500 shares x $30 per share)

Credit  preferred Stock 135,000  (4,500 shares x $30 per share)

Explanation:

any issuing price of stock above par value will be credited in "Paid-In Capital in Excess of Stated Value—Common"

8 0
3 years ago
G why is the future value always more than the present value?
olya-2409 [2.1K]
The future value is always more than the present value because the value of the dollar can be higher in the next day. plus it can be adding the interest in the future value. 
3 0
3 years ago
When the value of money is on the vertical axis, the money supply curve slopes upward because an increase in the value of money
goblinko [34]
<span>When the value of money increases, it indicates that fewer dollars are circulating in the economy. This creates a deflationary situation. The banks do not "create" money, but through lowering interest rates and other actions, banks can stimulate the release of some of the money being held back. This, in turn, increases demands for goods and services, which allows the producers of those goods and services to increase their prices to help regulate that demand.</span>
3 0
4 years ago
A snack food company decreases the size of their single-serving size tortilla chips bag to 3. 0 ounces, which is 10% less than t
Harrizon [31]

A snack food company decreases 10% of the size of tortilla chips bag to 3.0 ounces. The original size of the bag is 3.33 ounces.

Percentage is a fraction of a hundred. For example 20% is equal to fraction 20/100.

The formula for calculating the percentage is given by:

percentage = value / total value  x 100%

In the given problem, let:

p = original size of the bag

The snack size is decreased to 3.ounces, which is 10% less than the original size. It means, the current size = 100% - 10% = 90% of its original size.

90% x p = 3

p = 3/90%

p = 3/0.9 = 3.33

Hence, the original size of the bag is 3.33 ounces.

Your question is incomplete, but most probably your question was:

A snack food company decreases the size of their single-serving size tortilla chips bag to 3.0 ounces, which is 10% less than the original size.

What is the original size of the bag?

Learn more about percentage here:

brainly.com/question/21512139

#SPJ4

8 0
1 year ago
On January 1, 2018, Jacob Inc. purchased a commercial truck for $48,000 and uses the straight-line depreciation method. The truc
Norma-Jean [14]

Answer:

option (D) loss, $3,000

Explanation:

Given:

price of the truck = $48,000

estimated residual value = $8,000

Exchange price of the truck = $60,000

Trade allowance = $35,000

Since, straight line depreciation is given, thus,

Total depreciation = \frac{\textup{48,000−8,000}}{\textup{8}}

or

Total depreciation = $5,000 per year

Therefore,

the book value after two years

= Price of truck - total depreciation in two years

or

= $48,000 − ($5,000 × 2 years)

= $38,000

Now,

a trade allowance received ( i.e $35,000 ) is less than the book value

therefore a loss is recorded

The amount of loss = (Book value - trade allowance received)

or

The amount of loss =  $38,000 - $35,000 = $3,000

Hence, correct answer is option (D) loss, $3,000

5 0
3 years ago
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