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pshichka [43]
3 years ago
7

The following selected data pertain to Flagship Corporation: Cash operating expenses July 1-31 Depreciation Merchandise purchase

s in July Estimated payments in July for June purchases Estimated payments in July for purchases prior to June Estimated payments in July for purchases in July s 180,000 60,000 560,000 220,000 50,000 40 % July's cash disbursements are expected to be:________. A) $464,000 B) $734,000 C) S404,000. D) $674,000. E) None of the answers is correct.
Business
1 answer:
Colt1911 [192]3 years ago
4 0

Answer:

D) $674,000

Explanation:

Calculation to determine what July's cash disbursements are expected to be:

July's cash disbursements =$180,000 + ($560,000 x 40%) + $220,000 + $50,000

July's cash disbursements = $674,000

Therefore July's cash disbursements are expected to be:$674,000

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Three basic decisions must be made by all economies. What are they?
KiRa [710]

Answer:

3 basics decision that need to made or taken by all the economies are

1. What to produce

2. For whom to produce

3. How to produce

Explanation:

The 3 basic decisions which should be made by the all economies are:

1. What to produce - Under this, the economies need to decide that what product or service they need to produce, which is liked by the consumers or purchased by the consumers so that they could sell their product in the market and earn profit out of it. In this, the economy need to take care of the needs or demand of the consumers and produce accordingly.

2. How to produce - Then the second decision is regarding how to the produce the goods or services, which the customers or consumers want as they have the limited resources available with them and from that they cannot produce all the products. So, they need to choose or decide.

3. For whom to produce or who consumes it - Under this, they required to take the decision regarding that for whom they are producing the goods or services whether it is a company or a consumer or economy.

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3 years ago
The entry to accrue a contingent liability reduces equity but not income. is made if it is more likely than not that the liabili
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Answer:

is made if it is more likely than not that the liability has been incurred.

Explanation:

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Therefore, with the above we can conclude that contingent liability is recorded only if:

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3 years ago
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Explanation:

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2 years ago
Grace, James, Helen, and Charles each own equal interests in GJHC Partnership, a calendar-year-end, cash-method entity. On Janua
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According to the principles of scientific management, the best way to improve productivity is to Multiple Choice give employees
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The best way to improve productivity would be to find the best method of doing each job, then teach those methods to employees.

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To increase productivity, it is important that the workers are taught the best way to carry out their jobs.

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