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Airida [17]
2 years ago
8

Lauren owns a spa and is contemplating whether to eliminate facials from her menu of services. To decide, she asked a few custom

ers their opinion. But these particular customers never had a facial before, so they told Lauren to eliminate this service. And she did. What general principle did Lauren fail to follow in trying to measure performance
Business
1 answer:
PolarNik [594]2 years ago
6 0

Answer:

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The following selected transactions were completed by Capers Company during October of the current year:
pychu [463]

Answer:

Oct. 1 Purchased merchandise from UK Imports Co., $13,377, terms FOB destination, n/30.

Dr Merchandise inventory 13,377

   Cr Accounts payable 13,377

Oct. 3 Purchased merchandise from Hoagie Co., $10,650, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $230 was added to the invoice.

Dr Merchandise inventory 10,880

    Cr Accounts payable 10,880

Oct. 4 Purchased merchandise from Taco Co., $14,350, terms FOB destination, 2/10, n/30.

Dr Merchandise inventory 14,350

    Cr Accounts payable 14,350

Oct. 6 Issued debit memo to Taco Co. for $5,000 of merchandise returned from purchase on October 4.

Dr Accounts payable 5,000

    Cr Merchandise inventory 5,000

Oct. 13 Paid Hoagie Co. for invoice of October 3.

Dr Accounts payable 10,880

    Cr Cash 10,667

    Cr Purchase discounts 213

Oct. 14 Paid Taco Co. for invoice of October 4, less debit memo of October 6.

Dr Accounts payable 9,350

    Cr Cash 9,163

    Cr Purchase discounts 187

Oct. 19 Purchased merchandise from Veggie Co., $25,850, terms FOB shipping point, n/eom.

Dr Merchandise inventory 25,850

   Cr Accounts payable 25,850

Oct. 19 Paid freight of $430 on October 19 purchase from Veggie Co.

Dr Merchandise inventory 430

    Cr Cash 430

Oct. 20 Purchased merchandise from Caesar Salad Co., $23,000, terms FOB destination, 1/10, n/30.

Dr Merchandise inventory 23,000

    Cr Accounts payable 23,000

Oct. 30 Paid Caesar Salad Co. for invoice of October 20.

Dr Accounts payable 23,000

    Cr Cash 22,770

    Cr Purchase discounts 230

Oct. 31 Paid UK Imports Co. for invoice of October 1.

Dr Accounts payable 13,377

   Cr Cash 13,377

Oct. 31 Paid Veggie Co. for invoice of October 19.

Dr Accounts payable 25,850

    Cr Cash 25,850

8 0
3 years ago
Cullumber Company’s 12/31/21 balance sheet reports assets of $11450000 and liabilities of $4890000. All of Cullumber’s assets’ b
Arturiano [62]

Answer:

$4,392,000

Explanation:

For computing the cost of the goodwill, first we have to calculate the fair value of the net asset which is shown below:

The fair value of net asset = Asset balance + fair value of land  - liabilities balance

= $11,450,000 + $690,000 - $4,890,000

= $7,250,000

And, the acquire value is $11,642,000

So, the goodwill would be  

= $11,642,000 - $7,250,000

= $4,392,000

4 0
3 years ago
Sparks Corporation has a cash balance of $19,500 on April 1. The company must maintain a minimum cash balance of $16,000. During
Ganezh [65]

Answer:

Cash borrow  = 10500

so correct option is a. $10,500

Explanation:

given data

Ending cash balance = $16,000

Beginning cash balance = $19,500

expected cash receipts = $68,000

Cash disbursements = $82,000

solution

we know that Ending cash balance is express as

Ending cash balance = Beginning cash balance + Cash receipts - Cash disbursements + Cash borrow   .............................1

we get here Cash borrow put here value

$16,000 = $19,500  + $68,000 - $82,000 + Cash borrow

solve it we get

Cash borrow  = 10500

so correct option is a. $10,500

4 0
3 years ago
Which statement about attitude is correct?
Alex_Xolod [135]
Your answer would be D.


6 0
3 years ago
Read 2 more answers
Suppose 20.0 g pieces of gold and iron, both initially at 100oC, are added to different containers of water, both initially at 2
Sauron [17]

Answer:

  • The final temperature in the container with Gold is 27.49 ⁰C
  • The final temperature in the container with Iron is  33.01  ⁰C

Therefore, the highest final temperature is obtained in the container with Iron.

Explanation:

Q = mcΔT

Where;

Q is the quantity of heat gained or lost

m is the mass of the metals or water

c is the specific heat capacity

ΔT is the change in temperature, T₂ - T₁

T₂  is the final temperature and T₁ is the initial temperature

Heat lost by metals at 100°C is equal to heat gained by water at 25°C

-Q_{metal} = Q_{water}

-Q_{Au} = Q_{H_2O} \\-Q_{Fe}  = Q_{H_2O}

Specific heat capacity of water = 4.18 J/g°C

Specific heat capacity of gold = 0.129 J/g°C

Specific heat capacity of iron  = 0.45 J/g°C

⇒For Gold

-20*0.129*(T₂ - 100) = 18*4.18 (T₂ - 25)

-2.58T₂ +258 = 75.24T₂  - 1881

77.82T₂  = 2139

T₂  = 2139/77.82

T₂ = 27.49 ⁰C

⇒For Iron

-20*0.450*(T₂ - 100) = 18*4.18 (T₂  - 25)

-9T₂  +900 = 75.24T₂ - 1881

84.24T₂ = 2781

T₂  = 2781/84.24

T₂ = 33.01  ⁰C

Therefore, the highest final temperature is obtained in the container with Iron.

5 0
3 years ago
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