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spin [16.1K]
3 years ago
7

重

Business
1 answer:
Naddik [55]3 years ago
8 0

Answer:

B. agreements between two or more parties

Explanation:

if you were to sign a contract for something huge and you were broke the contract before you had finish the time that you had signed whom ever you signed it could end in a law sue and maybe even jail time.

Hope this helps :)

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In January, 2020, Harmony Inc. has the following expenditures related to manufacturing a new generation of widgets. Match each e
Ivan

Answer:

Harmony Inc.

Expenditure                                          Appropriate accounting treatment

a. Machinery $550,000                       B. Capitalize to the Machine  

b. Machinery $33,000                          B. Capitalize to the Machine

Research and development $95,000 D. Expense.

c. Freight-in (Machinery) $4,250         B. Capitalize to the Machine

d. Installation, etc (Machinery) $16,500 B. Capitalize to the Machine

e. Prepaid Insurance $3,000               A. Capitalize to a different asset account.  

Explanation:

1) Data and Analysis:

a. Machinery $550,000 Accounts payable $550,000

b. Machinery $33,000 Sales Tax Expense $33,000

Research and development $95,000 Cash $95,000

c. Freight-in (Machinery) $4,250 Accounts payable $4,250

d. Installation (Machinery) $16,500 Cash $16,500

e. Prepaid Insurance $3,000 Cash $3,000

b) The correct approach in capitalizing fixed assets and related costs is to follow this procedure: capitalize freight, sales tax, transportation, and installation, in addition to the fixed asset purchase cost.

7 0
2 years ago
If a firm decided to reevaluate and reorganize the way it did business, in hopes of creating competitive advantage, by changing
Vsevolod [243]

Answer:

C. Business process improvement.

Explanation:

Product reevaluation and Life cycle costing are product dependent and aims to improve products on the individual level and the business on the whole.

Business Intelligence is when businesses use different types of data to compile an analysis for informed decision making.

A value chain refers to all the activities that a business undertakes from procurement of raw materials to adding value. This can be a part of improvement process but it is not directly related.

Business process improvement is when management identifies all the business processes and analyses if there is a need for improvement and identifying areas that need change - then improving upon these findings.

This is the right answer.

Hope that helps.

6 0
3 years ago
How did the REM system affect Otis Elevator's value chain?
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Answer:

It allowed pre-emptive identification of problems to minimize the impact on customers.

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2 years ago
Gary earned a gross pay of $1,047.30 last week. Using the fact that Social Security tax is 6.2% of gross pay, determine the amou
Zina [86]

B 6.2 out of it is not much  but not that little

7 0
3 years ago
Read 2 more answers
The Equal Employment Opportunity Act requires employers to classify their employees by gender and national origin. Which level o
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B. Ordinal is the Equal Employment Opportunity Act which requires employers to classify their employees by gender and national origin
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