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Masja [62]
3 years ago
14

A company requisitioned $40,000 in direct materials and $30,000 in indirect materials from the storeroom to be used in productio

n. The journal entry to record this transaction debits ______.
Business
1 answer:
UNO [17]3 years ago
4 0
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6. What does Rose argue should be the last part of a presentation to the VC? Why?
Lubov Fominskaja [6]

Rose argued that the last part of a presentation to the VC should be " a wrap-up that leads to the final pitch."

David S. Rose is a prominent angel investor famous for being the founder and Chairman Emeritus of New York Angels.

In one of his entrepreneurship discourses, Rose claimed that the last part of a presentation to the VC should be the overall presentation in a short form that would comprise the main points of the all-around presentation.

Rose concluded that these key points should be the reason to convince a Venture Capitalist to invest in the business.

Hence, in this case, it is concluded that the last part of a presentation is crucial to convince a Venture Capitalist.

Learn more here: brainly.com/question/23471689

6 0
3 years ago
Which advantages of small business helped mary ellen sheets establish and grow two men and a truck? 2. which disadvantages of sm
Lana71 [14]

<u>Solution:</u>

1. Two men and a truck have an advantage of making their workers comply with the Grandma Law, which demonstrates respect and compassion for their clients. It welcomed new buyers, retained the faithfulness of current customers and made the company's own identity distinctive. The freedom of Two People and a Truck was another plus.

Two men and a truck were using the unsegmented approach to the market that many small companies have to or plan to do. This was based in its business or division on any consumer.

The marketing technique used was the conventional and modern internet and social media marketing method, PR&D and the news media.

2.  A) a lack of venture value: because they were a very small enterprise that used to carry their operations out, most customers had lost confidence or a value in their funding, believing their concept of selling franchises was not a successful one.

b) Failure to have sufficient funding: Originally, as this business started to expand rapidly, it emerged as a money-making workplace; a big concern was the shortage of investment resources.

Suggestions for addressing this were: using alternate funding strategies such as retained profits, bank loans, and so on.

3.  Two men and a truck should sell concessions outside North America. That is a smart idea. It is because since developing the organization, it is clear that it knows its strong fields, which it will use to develop a stable presence on the world market, with some 300 franchises in North America. Furthermore, this packaging and shipping company's business model is something essential and recognizable in the world.

Global franchises are more likely to question the organization if it is willing to adapt or deviate its strategies in order to suit the consumer market in a different country with a particular philosophy from the North American community, its corporate social management programs, its goals and its organizational ethics.

8 0
3 years ago
14. Two alternative measures of the overall level of prices are a. the inflation rate and the consumer price index. b. the infla
san4es73 [151]

Answer:

c. the GDP deflator and the consumer price index.

Explanation:

Two alternative measures of the overall level of prices are the GDP deflator and the consumer price index.

The GDP deflator can be defined as a measure of the changes in prices for all of the finished goods and services produced domestically in an economy in a particular period of time, usually a year. This simply means that, the gross domestic product deflator measures the inflation in an economy.

Consumer price index (CPI) can be defined as a measure of the aggregate or average changes in price level of a weighted market basket of finished goods and services that consumers purchased over a specific period of time. The CPI is also a measure of the inflation in an economy over a specific period of time.

5 0
3 years ago
According to the FASB conceptual framework, the rele-vance of providing information in financial statements is subject to the co
Liula [17]

Answer:

B. Cost-Benefit

Explanation:

According to the Financial Accounting Standard Board (FASB) framework, it is important to estimate the cost and benefit of information before deciding the relevance of the information. It decides when to disclose and whether to disclose the information

Once, the cost of such information outweighs the benefits of its disclosure then FASB framework terms it as not relevant.

Cost of Information

Financial reporting through the preparation of financial statements has a cost, these costs include provision, preparation as well as the audit of the information provided. The cost-benefit constraint basically intends to ensure that financial statements are most-effectively and most-efficiently prepared.

6 0
3 years ago
Bed &amp; Bath, a retailing company, has two departments, Hardware and Linens. The company’s most recent monthly contribution fo
nadya68 [22]

Answer:

If linen department is dropped operating income of the company will decrease.

Explanation:

That is because the cotrollable margin of the department is positive:

controllable margin = contribution margin - controllable fixed costs

$605,000-($800,000-380,000) = 185,000

That means that the Linen department helps to reduced fixed cost that are not generated by this department and that will keep existing wether the department is closed or not.

In addittion the Hardware department will loose 19% of its sales if the Linen department is closed. Thus will result in a reduction of the cntribution margin of the hardware deparment too.

Download xlsx
3 0
3 years ago
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