________ communication is a form of two-way communication, a dialogue.

Temporary earnings are best characterized as:(A) earnings from nonoperating activities.(B) earnings that arise from events that

evablogger [386]

Answer: Option D

Explanation: In simple words, these are accounts from which the cash flows are not stable and there is no guarantee that the entity will be able to get that benefit in the next accounting period.

The word "temporary account" applies to materials found on your statements of income, such as income and expenditure. Unlike regular accounts, temporary accounts must be ended to start the new accounting cycle with zero balances at the end of your company's accounting period.

Hence from the above we can conclude that the correct option is D.

7 0

3 years ago

Kohl Co, provides warranties for many of its products. The January 1, 2019, balance of the Estimated Warranty Liability account

Brums [2.3K]

Answer and Explanation:

The computation is shown below;

a. For Warranty Expense

= Sales × Estimated Warranty Percentage%

= $4,144,400 × 0.87%%

= $36,056.28

b)

The amount that should be reported is

Opening Balance of Estimated Warranty Liability Jan. 1, 2019 $42,635

Less: Actual warranty costs in 2019 ($26,750)

Add: Warranty expense accrued in 2019 $35,056

Closing Balance of Estimated Warranty Liability Dec. 31, 2019 $50,941

8 0

3 years ago

Analysis of a company's financial statements: Below are simplified versions of the balance sheet and income statement for Toys b

nlexa [21]

Answer: 3.9 times; an improvement; efficiency

Explanation:

Inventory turns is calculated by the formula:

= COGS / Inventory

= 8.4 / 2.50

= 3.36

Increased by 15%:

= 3.36 * (1 + 15%)

= ‭3.864‬

= 3.9 times

Inventory turns is used to show how often the inventory was sold in a period. A higher ratio therefore presents increased efficiency and is desired.

8 0

3 years ago

What does a company's customer service department do?

sammy [17]

Answer:

B. Interact with customers after they have purchased the product.

Explanation:

It is the duty of the Customer services department to cater to the all customer feedbacks and requirements.

The retention of the customers and attracting new customers depends on the quality of the service provided by the customer handling.

5 0

3 years ago

The positive thinking is necessary to develop decision making skill

ella [17]

<h3>Answer:</h3><h2>Answer:Yes it is true statement that the positive thinking is necessary to develop decision making skill. Without positive thinking we can't fulfill our work .If we have to make skill then positive thinking is necessary. In negative thinking we can't make our decision what to do but if we think positively we see all thing positive but we see all negative if we have think negatively. So the positive thinking is necessary to develop decision making skill</h2>

6 0

3 years ago