Answer:
The correct answer is False.
Explanation:
The competitive scope can be narrow or wide. In case of narrow, this means that the company is concentrated in a single segment or niche market. In the case of large, it means that the company seeks to reach a wider market that includes various market segments.
In this case it is believed that the company is already executing its broad strategy, so it could not adapt it to a particular niche.
Answer:
AFN $ 2,169
Explanation:
Equation
5,000 x 0,15 = 0,75
-1,400 x -1,25 = 1,75
-9,200 x 0,06 x 0,60 = -0,3312
AFN = $2,169
A0 (Current Level of Assets) = 5,000
L0 ( Current Level of Liabilities) = 1,400
Var S (Percentage increase in Sales) = 0,15
S1 (New level of Sales) = 9,200
PM (Profit Margin) = 0,06
b (Retention Rate) = 0,60
AFN (Additional Funds Needed) = $ 2,169
Answer: Damage assessment team
Explanation: Damage Assessment Teams should include contingency planners, security personnel, structural contractors, branch managers, custodians, and members from the credit union and building owners ' essential function areas.
Their primary responsibility will be to assess damage and determine the extent or severity of the accident and the level of action required to survive and recover.These personnel are the first to report after a damage takes place.
Answer:
BUCKEYE INCORPORATED
General Journal:
No Date Description Debit Credit
1 November 01
Cash $11,000
Common Stock $11,000
To record the issue of common stock for cash.
2. November 02
Equipment $1,500
Long-term Note Payable $1,500
To record the purchase of equipment from Spartan Corporation.
3. November 04
Supplies $1,100
Accounts Payable $1,100
To record the purchase of supplies on account.
4. November 10
Accounts Receivable $7,000
Service Revenue $7,000
To record the provision of services to customers on account.
5. November 15
Accounts Payable $1,200
Cash Account $1,200
To record the payment to suppliers on account.
6. November 20
Salaries Expense $1,000
Cash Account $1,000
To record the payment of salaries for the first half month.
7. November 22
Cash Account $9,000
Service Revenue $9,000
To record the provision of services to customers for cash.
8. November 24
Long-term Notes Payable $600
Cash Account $600
To record the payment on note to Spartan Corporation.
9. November 26
Utilities expense $1,200
Cash Account $1,200
To record the payment for gas and electricity for November.
10. November 30
Rent expense $3,000
Cash Account $3,000
To record the payment of rent for November.
Explanation:
General Journals: Buckeye Incorporated can use the general journal to record its business transactions as they occur on a daily basis. It shows the accounts involved in the transaction and the accounts to be debited and credited as the case may be.
