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3 years ago

You should complete job applications in pencil so you can erase your mistakes.

Business

2 answers:

Anna11 [10]3 years ago

8 0

Answer: Yes

Explanation:

zalisa [80]3 years ago

8 0

Answer:

True

Explanation:

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The following information pertains to the Southern Division of Olson Company: Net Sales $5,250 Variable Costs: Cost of merchandi

Andru [333]

Answer:

The contribution controllable by a segment manager is $ 1,850

Explanation:

Segment Manager`s performance is evaluated on be bases of items directly controllable by them ( controllable contribution)

Calculation of Controllable Contribution :

Net Sales $5,250

Less Variable Costs :

Cost of merchandise sold (1,200)

Operating expenses (450)

Controllable Contribution 3,600

Less Controllable Costs:

Fixed Cost Controllable (600)

Unallocated costs (1,150)

Contribution Controllable -Segment Manager 1,850

8 0

3 years ago

Henry Company traded in an old delivery truck for a new one. The old truck had a cost of $78,000 and accumulated depreciation of

babymother [125]

Answer:

The new truck will enter the account with the invoice value.

new truck 122,000

ac dep old truck 44,000

loss on trade 22,000

Cash 110,000

Old Truck 78,000

Explanation:

Old truck 78,000

acc depreciation 44,000

net-book value 34,000

trade-in allowance 12,000

loss on trade 22,000

The new truck will enter the account with the invoice value.

6 0

3 years ago

The following data were accumulated for use in reconciling the bank account of Wolfpack Bread Inc. for August 20Y9:

Marizza181 [45]

Answer:

Adjusted bank account balance = Adjusted cash book balance = $34,500

Explanation:

Note: The correct requirement of this question is actually as follows:

Prepare a bank reconciliation.

It is not the ones erroneously stated in the question.

The bank reconciliation can now be prepared as follows:

Wolfpack Bread Inc.

Bank Reconciliation

August 31, 20Y9

Statement of Adjusted Bank Account Balance

Details Amount ($)

Cash balance according to bank statement 33,580

Add:

Deposit in transit, not recorded by bank 14,260

Less:

Checks outstanding (13,340)

Adjusted bank account balance  34,500 

Statement of Adjusted Cash Book Balance

Details Amount ($)

Cash balance according to Wolfpack 34,437

Add:

Check error ($762 - $276) 486

Less:

Bank service charges (144)

Other reconciling items (w.1) (279)

Adjusted cash book balance 34,500

Working:

w.1: Other reconciling items = Cash balance according to Wolfpack + Check error ($762 - $276) - Bank service charges - Adjusted bank account balance = $34,437 + 486 - 144 - $34,500 = $279

7 0

2 years ago

You own a portfolio consisting of the following stocks:

kykrilka [37]

Answer:

expected return is 15.8%

portfolio beta is 94.5%

Explanation:

a. EXPECTED RETURN: to calculate the the expected return of, we simply multiply each of the stock percentage by its expected return and then sum it up. thus we have

0.2×0.16 + 0.3×0.14 + 0.15×0.2 + 0.25×0.12 + 0.1×0.24= 0.158

Multiply the result by 100% yields 15.8%

B. PORTFOLIO BETA: to calculate the portfolio beta, we simply multiply the weighted average of the stock percentage by the portfolio beta. thus we have;

0.2×1 + 0.3×0.85 + 0.15×1.2 + 0.25×0.6 + 0.1×1.6= 0.945

multiply the result by 100% yields 94.5%

6 0

3 years ago

Describe the two basic kinds of energy and explain how energy and power are related.

hichkok12 [17]

Answer:

ur mom. stop asking for help on other ppls questions

Explanation:

5 0

3 years ago