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2 years ago

9

Employees of a hotel are short-staffed in the kitchen during a banquet event. The food will not be served on time, therefore thr

owing off the schedule for the entire event. Create a solution that incorporates teamwork.

1 answer:

marta [7]2 years ago

4 0

All of them could work together by saving time helping each other cooking and serving food

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On October 1, 2016, Adams Company paid $4,200 for a two-year insurance policy with the insurance coverage beginning on that date

rjkz [21]

Answer:

d. Prepaid insurance $3,675, and Insurance expense $525.

Explanation:

Preparation of the journal entry to determine which of the following account balances are correct after adjusting entries have been made

Based on the information given the account balances that are correct after adjusting entries have been made will be PREPAID INSURANCE $3,675, and INSURANCE EXPENSE $525.

First step is to calculate the amount the company pay per month

Amount pay per month=$4,200/24 months

Amount pay per month = $175 per month

Last step

Since Three months have been used which are October, November, and December which means that $175 per month × 3 months = $525 which will be recorded as INSURANCE EXPENSE while the balance in PREPAID INSURANCE will be $4,200 - $525 = $3,675

5 0

2 years ago

Inventory should be reported as follows except a.according to the chosen cost flow assumption. b.at lower of cost or market. c.a

Gnom [1K]

Answer:

c.as a long-term asset on the balance sheet.

Explanation:

The inventory has come under the current asset as it is converted into cash within one year. Like other current assets i.e account receivable, prepaid insurance, etc contains high liquidity and they get converted into cash in less than one year

It also recorded at cost or market value whichever is lower plus it also chosen as cost flow consumption but it is not reported as a long term asset as it is classified as a current asset, not the long term asset

5 0

2 years ago

In 2003, Congress passed a substantial cut in income taxes. The Federal Reserve also substantially lowered interest rates. How c

s344n2d4d5 [400]

Answer:

D. The tax cut can be categorized as fiscal policy and the lowering of interest rates can be categorized as monetary policy.

Explanation:

Fiscal policy is when the government uses either taxes or government spending to influence the economy.

Contractionary fiscal policy is when the government increases taxes or reduces spending.

Expansionary fiscal policy is when the government decreases taxes or increases spending.

Monetary policy are policies enacted by central bank of a country to control money supply or interest rest.

Contractionary monetary policy is reducing money supply or increasing interest rates.

Expansionary monetary policy is increasing money supply or decreasing interest rate.

I hope my answer helps you.

8 0

3 years ago

It is possible to use a decision making process for any decision.

loris [4]

I think so, but there may be some exceptions--if any.

6 0

3 years ago

Read 2 more answers

Consumer behavior quiz

natima [27]

Answer: Benjamin Franklin did not have cars during his time good sir...

Explanation:

3 0

2 years ago