Prepare for the DMV drive test by ensuring your____

¿Qué nuevos productos puede incluir un restaurante en su oferta? ¿Por qué?

PtichkaEL [24]

Answer:it is d

Explanation:

5 0

3 years ago

Prepare a bank reconciliation for Cole Co. assuming the following as of May 31. Use the worksheet provided in the Ch 7 Module: 1

goblinko [34]

Answer:

Cole Co.

Bank Reconciliation Statement

Balance as per cash account adjusted $112,933

add uncredited deposits 11,317

less Outstanding checks -41,750

Balance as per bank statement $82,500

Explanation:

a) Data and Calculations:

Cash account debit balance = $95,250

Bank statement balance = $82,500

Outstanding checks = $11,317

Credit memorandum $18,000

Collection fee $45

Check 1115 for Rent Expense of $1,350 transposed as $1,050 = $300 ($1,350 - $1050)

Uncredited deposits = $41,750

Interest earned = $28

Cash Account Adjustment:

Cash account debit balance $95,250

Debit:

Credit memorandum 18,000

Interest earned 28

Credit:

Collection fee -45

Rent Expense (understated) -300

Adjusted cash account balance $112,933

b) The bank reconciliation statement above was prepared after adjusting the cash account with items that were recorded by the bank but not recorded by Cole Co. and other misstatements. With the adjusted cash account balance, the bank reconciliation was then carried out with the items that were not recorded by the bank. The resulting figure should agree with the bank statement balance.

4 0

3 years ago

Christopher works for Ocean Media Inc., a large corporation. His work requires him to travel extensively and, as a result, he sp

GREYUIT [131]

Answer:

A. moral hazard

Explanation:

Based on the information provided within the question it can be said that this scenario is perfectly exemplifying the term known as a moral hazard. This refers to when an individual takes more risks because someone else is bearing the costs. Such as in this scenario, Christopher is an employee and should be working on company tasks but instead works on his own projects because the company cannot check up on him, which is morally wrong and he can get fired for it.

3 0

3 years ago

Desert Company issued $15,000,000 of 8% bonds on May 1, 2020, and received cash totaling $13,308,942. The bonds pay interest sem

balu736 [363]

Answer:

Desert Company

The TOTAL dollar amount of discount that was amortized during the entire first year (5/1/20 through 4/3/21) these bonds were outstanding is:

= $65,447.

Explanation:

a) Data and Calculations:

Face value of bonds = $15,000,000

Issue value (proceeds) 13,308,942

Discount on the bonds $1,691,058

Coupon rate = 8%

Effective interest rate = 10%

Period of bonds = 8 years

November 1, 2020:

Interest expense = $665,447 ($13,308,942 * 5%)

Cash payment = $600,000 ($15,000,000 * 4%)

Discount amortized $65,447

Bond outstanding value = $13,374,389 ($13,308,942 + $65,447)

May 1, 2021:

Interest expense = $668,719 ($13,374,389 * 5%)

Cash payment = $600,000 ($15,000,000 * 4%)

Discount amortized $68,719

Bond outstanding value = $13,443,108 ($13,374,389 + $68,719)

4 0

3 years ago

In comparison to salespersons at low performing organizations, salespersons at high performing organizations: Group of answer ch

JulsSmile [24]

Answer:

<em>The correct answer is: </em>spend more time with their best potential customers always work in teams

Explanation:

Salespeople from high-performance organizations differ from salespeople in low-performance organizations in that they focus on their best customers and develop teamwork.

This strategy of focusing on the potential customer consists of establishing relationship marketing.

That is, direct your efforts to build a relationship with the consumer, which is the key to creating value for a brand.

The creation of a relationship with the consumer consists of offering products and services totally aligned to their needs and desires, to offer a more personalized and effective service to increase the perception of the brand and position it in the market.

Teamwork is also essential in a high-performance organization, as it creates a positive organizational culture focused on the development of ideas, creativity and innovation, essential to offer an efficient and effective sales service.

7 0

3 years ago

Prepare for the DMV drive test by ensuring your_____ is in good operating condition.