All categories

3 years ago

What do chapter competitions entail?

Business

2 answers:

s2008m [1.1K]3 years ago

8 0

Answer:

Whoever reads the chapter of the book the fastest is crowned the chapter king. It can be very competitive, and the competitors have to be very good readers.

ELEN [110]3 years ago

7 0

Answer:

In FBLA you pick a subject and you either take a test, do a presentation, do sales pitch, etc. With reading, you read a chapter from a book as fast as you can.

Explanation:

You might be interested in

Consider the production department of a manufacturer of laptop computers. Classify the cost of the processor chips.

nikitadnepr [17]

Answer:

All the answers are correct.

Explanation:

The cost of the processor chips is a direct cost because it is the vital thing of any laptops. Without a processor, the laptop is nothing but a heartless product.

The cost is variable because the price of a processor varies as there are various processors in the computer market.

The cost is a product cost because it is directly related to manufacturing a laptop.

4 0

3 years ago

What is the effect of an accrued expense (such as salaries expense) adjustment on the income statement and the balance sheet? (c

vredina [299]

A liability (such as salaries payable) will be increased. Expenses are increased. Net income is reduced.

<h3>What is liability?</h3>

What a person or business owes is known as a liability, and the amount owed is typically monetary. The transmission of economic rewards, such as money, products, or services, settles liabilities over time. Having to pay anything to someone else under the law is known as having a liability. To pay for a business's continuous operations, liabilities are incurred. Accounts payable, accumulated costs, owed wages, and owed taxes are a few examples of liabilities.

What your business has that has the potential to generate future financial benefits are its assets.

What you owe other people is your liability. To put it simply, assets increase your financial security while liabilities decrease it.

Obligations aren't always a terrible thing. Some loans are taken out to buy new equipment, such as machinery or automobiles, which aids small businesses in running and expanding.

To learn more about liability visit:

brainly.com/question/18484315

#SPJ4

7 0

1 year ago

Accounts Amounts Cash received from sale of products to customers $ 31,000 Cash received from the bank for long-term loan 36,000

elixir [45]

Answer:

Ending cash balance : 22,600

Explanation:

operating activities:

collection from products 31,000

collection from services 21,000

merchandise suppliers (10,200)

wages paid (22,200)

advertisement paid (2,200)

generated from operating activities 17,400

financing activities:

loan from the bank 36,000

dividends paid (4,200)

cash generated from financing activities 31,800

investing activities:

sale of warehouse 11,200

purchase of equipment (41,000)

cash used in investing activities (29,800)

cash generated for the period 19,400

beginning cash balance 3,200

Ending cash balance 22,600

6 0

3 years ago

"A marketing management technique whereby the company's current product offerings are reviewed to ascertain whether each product

Burka [1]

Answer:

Product audit.

Explanation:

Product audit is defined as an evaluation of a finished product to see if it's use meets the intent or purpose of the product.

It involves a thorough check on the product to ensure it serves its purpose before it is release and supplied to the customer.

Product audit takes place after manufacturing is complete, if the product does not meet specified standards the auditor logs a non conformance. The products are usually repaired. If this is not possible the product is discarded.

3 0

3 years ago

Marin Inc. has an investment in trading securities of $143000. This investment experienced an unrealized loss of $7300 during th

weeeeeb [17]

Answer:

This would be the loss on paper only.

Explanation:

Given investment trading securities = $143000

During the current year, the loss experienced on investment = $7300

The tax rate = 33%

However, this loss that is reported as the part of other comprehensive income would be the loss on paper only because the actual loss can be seen when the stock is sold but this unrealized loss is on paper only so there will no effect of this loss in comprehensive income.

6 0

3 years ago