Ask question

Ask question

All categories

3 years ago

8

Compare two similar companies or products based on their consumers (audience), costs, communications (customer service), and con

venience (relevance). When you are finished comparing, explain which product is better for people like yourself.

1 answer:

galina1969 [7]3 years ago

5 0

Answer:

i need this too

Explanation:

You might be interested in

The company that relies on computer and telecommunications technologies instead of physical presence for communication between e

Lena [83]

Answer:

A remote company or Telecommuting company

Explanation:

Telecommuting (also known as working from home, or e-commuting) is a work arrangement in which the employee works outside the office, often working from home or a location close to home

7 0

4 years ago

Mike says, "The possibility that my house may burn isa pure risk for me, but if I buy insurance, it is a speculativerisk for the

PilotLPTM [1.2K]

Answer:

I agree with Mike because pure risks involve only possible losses. Since he owns his house, the possibility of it burning down would represent only a loss to him.

But if he buys insurance, he will pay an insurance premium which means that if the house burns down, the company will lose money, but if the hose doesn't burn down, the insurance company will make a profit. This represents speculative risk because the possibility of a gain and a loss exist.

3 0

4 years ago

Meng Co. maintains a $300 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date represe

Alona [7]

Answer: The correct answer is e) $32.

Explanation:

Petty cash fund. $300

Office supplies. (80)

Merchandise inventory. (160)

Miscellaneous expenses. (20)

Cash shortage. (8)

Balance in petty cash. $32

In terms of accounting entries,

Debit Office supplies. $80

Debit Merchandise inventory. $160

Debit Miscellaneous expenses. $20

Debit Cash shortage. $8

Credit Petty cash refund. $268

In the above entries, $268 would be refunded to petty cash fund to reinstate it to $300.

3 0

3 years ago

arris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: S

Komok [63]

Answer:

$12,500

Explanation:

Absorption costing consider all the cost incurred in production either variable or fixed as production cost and all the operating costs as the period costs. It calculates the gross profit after deducting the cost of goods sold from the net sales and net income after deduction the operating costs from the gross profit.

First of all we need to calculate the product cost.

Manufacturing cost

Direct materials $19

Direct labor $61

Variable manufacturing overhead $7

Fixed manufacturing overhead $15

($135,000/9,000) <u> </u>

Total Product cost <u> $102</u>

Now We will calculate the Net Income

Sales (8,600 x $116) $997,600

Less: Cost of goods sold (8,600 x $102) <u>$877,200</u>

Gross Profit $120,400

Less:

Variable selling & admin expense $99,000

($11 x 9,000)

Fixed selling and admin expense <u>$8,900 </u>

Net Income <u>$12,500 </u>

6 0

3 years ago

31. If a company initially records the purchase of supplies to the supplies expende account, the mount of the adjusting entry ma

scoundrel [369]

We can actually deduce here that the amount of the adjusting entry that was made at the end of an accounting period will be equal to the supplies on hand at the end of the period.

<h3>What is accounting period?</h3>

An accounting period is actually known to be the period of time that a particular accounting function is covered. It can be a fiscal year, quarterly, monthly or even weekly.

We see here that the amount of the adjusting entry that was made at the end of an accounting period will be equal to the supplies on hand at the end of the period.

Learn more about accounting period on brainly.com/question/26533843

#SPJ12

6 0

3 years ago