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3 years ago

Expanding a brand is a common way for a business to do which of the following?

Business

1 answer:

lana [24]3 years ago

3 0

Answer:

Leverage its brand equity to promote growth is answer.

Explanation:

I hope it's helpful!

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Cali Communications reported the figures from its adjusted trial balance and from its multi-step income statement for its first

victus00 [196]

Answer:

The preparation is presented below:

Explanation:

The preparation of the retained earnings statement for the year ended July 31, 2018 is presented below:

Cali Communications'

Retained Earning statement

For the year ended July 31, 2018

Beginning balance of retained earning $0

Add: Net income $5,150

Less: Cash Dividend paid -$0

Ending balance of retained earning $5,150

6 0

3 years ago

On September 1, Year 1 Western Company loaned $36,000 cash to Eastern Company. The one-year note carried a 5% rate of interest.

alukav5142 [94]

Answer:

Option (C) is correct.

Explanation:

Given that,

Cash amount loaned = $36,000

Rate of interest on note = 5%

Time period: From September 1, Year 1 to December 31, Year 1 = 4 months

Amount of Interest revenue:

= Cash amount loaned × Interest rate × Time period

= $36,000 × 0.05 × (4/12)

= $36,000 × 0.05 × (1/3)

= $599.9 or $600

There is no cash flow from operating activity in respect of loan given to another company and interest revenue accrued on loan amount.

8 0

2 years ago

According to "sleep rules raise trucking costs," in 2013 the federal motor carrier safety administration estimated the new rules

erik [133]

The government really just expected reduced highway fatalities. Even though that it costs these multibillion dollar companies a little more to let their drivers rest, it sill makes the roads safe for all drivers. Driving while tired is almost as bad as driving under the influence, so making sure that these truck drivers get sleep make sure everything is super safe for everyone.

5 0

2 years ago

The City of Ruth has been awarded a $1,000,000 federal expenditure-driven grant to improve bike trails. The federal government a

lidiya [134]

Answer:

correct option is a) $182,000

Explanation:

given data

federal expenditure = $1,000,000

advanced the city = $600,000

city incurred qualifying expenditures = $418,000

solution

we get here Ruth recognize as unearned revenue for its fiscal year ending that is express as

Amount to be recognized unearned revenue = advanced the city - city incurred qualifying expenditures .......................1

put here value

Amount to be recognized unearned revenue = $600,000-$418,000

Amount to be recognized unearned revenue = $182,000

so correct option is a) $182,000

5 0

2 years ago

Rick's Internet Corporation's balance in Retained Earnings is $30,000. The board of directors directs that $15,000 be appropriat

gtnhenbr [62]

<u>Answer</u> is D. remain at $30,000.

<u>Explanation:</u>

Rick's Internet Corporation balance in retained earnings = $30,000

Appropriated earning for future business expansion = $15,000

This appropriated earning set for future use will have no effect on the total retained earnings, because for appropriate retained earnings, the entry is to debit the retained earnings account.

Also, it would be board's decision if they want to use the money from the retained earnings or add more capital to it.

6 0

3 years ago