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OverLord2011 [107]
3 years ago
7

Grady works at a fast food restaurant. One day he noticed a co-worker giving free food to a friend. He was unsure about what to

do. Grady most likely decided to follow the example of: Group of answer choices other employees his supervisor his family government leaders
Business
1 answer:
s344n2d4d5 [400]3 years ago
4 0

Answer:

his supervisor

Explanation:

A supervisor is a person who supervises an activity or a work. His main job is to monitor the work and see that the work is down smoothly and is completed on time. He also manages his workers to do the job effectively.  He acts like a boss to the other employees who are subordinate to the supervisor.

In the context, Grady who works at a fast food restaurant, once notice that one of his co-worker is giving some free food to his friend. So Grady who did not what to do and act in such a time, decided to follow the example of his supervisor and dealt with the situation as the supervisor would deal.

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The following transactions occurred during July:1. Received $1,200 cash for services performed during July.2. Received $6,400 ca
nikklg [1K]

Answer:

The amount of revenue that will be reported on the income statement for the month ended July 31 is equal to $5,300.

Explanation:

The applicable accounting concept here is accrual concept.

Accrual concept states that revenue is recognized when it is earned and expenses are also recognized when they are incured no matter when cash is received or paid.

Based on the accrual concept, only transactions 1 and 4 will be used in calculating the amount of revenue for July as follows:

July revenue = Cash received for services performed during July + Billing of customers for services performed on account in July = $1,200 + $4,100 = $5,300

Therefore, the amount of revenue that will be reported on the income statement for the month ended July 31 is equal to $5,300.

7 0
3 years ago
Snyder Painting is transitioning to an ABC system. So far, the company has traced its costs back to several different activities
Andreyy89

Answer:

Snyder Painting

If Snyder wants to reduce its non-value-added activities to the greatest extent possible, it should concentrate its efforts on reducing the amount of time and money it spends on

B. paint storage.

Explanation:

a) Identified Activities of Snyder Painting:

A. customer consultation.

B. paint storage.

C. site preparation and cleanup.

D. onsite paint application.

b) Non-value added activities are activities that are currently necessary and consume resources but do not add value to the company's product or service.  For example, equipment set-up, parts inspection, recording job time, job scheduling, product storage, and customer billing. These activities should be reduced to the barest minimum in order to maximize value.

8 0
3 years ago
Roberto consumes coke exclusively. he claims that there is a clear taste difference and that competing brands of cola leave an u
VikaD [51]
The answer to the question above is "brand names cause consumers to be more sensitive to product differences" based on the result of Roberto's taste test. In the blind test, Roberto did not feel the unsavory flavor from the generic store-coke and he prefers that generic store-coke. This test proves that Roberto's taste is distracted by the brand.
5 0
3 years ago
Rules of thumb or short-cuts that individuals use to save time when making complex decisions are known as _____.
Pavel [41]
Rules of thumb or short-cuts that individuals use to save time when making complex decisions are known as....<span>Heuristics</span>
7 0
3 years ago
Read 2 more answers
Your firm is planning to invest in a new electrostatic power generation system. Electrostat Inc is a firm that specializes in th
kozerog [31]

Answer:

The cost of capital for electrostatic power generators is closest to 7.75%

Explanation:

In order to calculate the estimate of your cost of capital for electrostatic power generators we would have to make the following calculation:

Step-1, Calculation of the Overall Beta

Market Value of Equity = $40,00,00,000 [160,00,000 Shares x $25 per share]

Market Value of Debt = $22,00,00,000

Total Market Value = $62,00,00,000

Therefore, Beta = [Equity Beta x Weight of Equity] + [Debt Beta x Weight of Debt]

= [1.18 x ($40,00,00,000 / $62,00,00,000)] + [0.08 x ($22,00,00,000 / $62,00,00,000)]

= 0.761290 + 0.028387

= 0.789677

Step-2, Cost of capital

As per CAPM Approach, Cost of capital = Risk-free Rate x (Beta x Market Risk Premium)

= 3% + (0.789677 x 6%)

= 3% + 4.75%

= 7.75%

Therefore, the cost of capital for electrostatic power generators is closest to  7.75%

6 0
3 years ago
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