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3 years ago

The following transactions occurred during July:

Business

1 answer:

7nadin3 [17]3 years ago

7 0

Answer:

$1,275

Explanation:

Calculation to determine the amount of revenue for July

Using this formula

Revenue=Cash received for services provided+Services provided customer on credit

Let plug in the formula

Revenue=$900 + $375

Revenue = $1,275

Therefore the amount of revenue for July is $1,275

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In an e-business innovation cycle, after an organization scans the environment for new emerging and enabling technologies, the n

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Answer:

In an e-business innovation cycle, after an organization scans the environment for new emerging and enabling technologies, the next step is to match the most promising new technologies with current economic opportunities.

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3 years ago

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Pesto Company possesses 80 percent of Salerno Company’s outstanding voting stock. Pesto uses the initial value method to account

hichkok12 [17]

Answer:

The retainesd earnings figure will increase by 464,400 dollars

Explanation:

Parent Company premium:

Premium: 750,000 / 20 years = 37,500 depreciation per year

unamortized portion at Dec 31th 2013:

amortized: 750,000 - 37,500 x 4 years = 150,000

unarmortized: 750,000 - 150,000 = 600,000

We must reverse 40% of the premium as is within the same company:

600,000 x 40% = 240,000

Subsidiary Discount:

16,500,000 X 40% = 6,600,000

Purchase at 96.6

Discount of 3.4 = 6,600,000 x 3.4% = 224,400

We must reverse this as is part of the same company.

In total retained earnings will increase by

240,000 + 224,400 = 464,400 dollars

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3 years ago

The "invisible hand" refers to a. the government. b. the free market. c. central planners. d. large businesses.

Gnom [1K]

Answer:

Free market

Explanation :

In a free market economy, the law of organic market, as opposed to a focal government, manages generation and work.

the free market is a monetary framework dependent on organic market with next to zero government control.

In view of its political and lawful principles, a nation's free market economy may extend between extremely huge or altogether bootleg market.

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4 years ago

Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished g

Korolek [52]

Answer:

$\left[\begin{array}{ccc}-&Q2&Q3\\Sales&327,000&221,000\\Ending&132,600&153,600\\Beginning&196,200&132,600\\Production&263,400&242,000\\\end{array}\right]$

Explanation:

Ending: 60% of nex quearter

q3 221,000 x 60% = 132,600 ending of q2 (therefore beginning of q3

q4 256,000 x 60% = 153,600 ending of q3

begining of q2 is ending of q1 196,200

Production:

sales + desired ending inventory - beginning units

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3 years ago

Neon Electronics Inc. sourced touch screens required for its tablet computers, cell phones, and televisions from a manufacturer

tamaranim1 [39]

This scenario best illustrate Backward vertical integration

Explanation:

Backward integration is a vertical integration that extends the role of a organization to perform roles traditionally performed by firms in the supply chain.

In other terms, backward integration is where an enterprise imports another company providing the necessary goods or services for production.

For examples, an company might purchase the product or raw materials manufacturer. Businesses often complete retrograde incorporation of these other businesses or combine of them. However, they may set up their own divisions to perform this mission.

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4 years ago