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3 years ago

9

Shared development of innovations among several departments is emphasized by the ____ approach to innovation vertical horizontal

linkage model top down bottom-up diagonal

1 answer:

Shkiper50 [21]3 years ago

7 0

Maybe the answer is Horizontal linkage

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In a private company’s accounting system, inputs are _______________ and outputs are _________.

kirill [66]

The choices can be found elsewhere and as follows:

A. marketing strategy-type information;sales data

B. results of surveys on consumer satisfaction; accounts payables

C. transactions such as sales, payroll, and other expenses; financial statements

D.transactions such as the cash flow statement; payroll taxes

I think the correct answer is option D. In a private company’s accounting system, inputs are transactions such as the cash flow statement and outputs are payroll taxes. Hope this answers the question.

6 0

3 years ago

On July 1, 2019, Sheffield Corp. pays $20,700 to Kalter Insurance Co. for a 3-year insurance contract. Both companies have fisca

11111nata11111 [884]

Explanation:

The journal entries are as follows:

On July 1

Prepaid Insurance A/c Dr $20,700

To Cash A/c $20,700

(Being prepaid insurance is paid)

On December 31

Insurance expense A/c Dr $

To Prepaid insurance A/c $1,110

(Being the insurance expense is recorded)

The insurance expense is shown below:

= $20,700 ÷ 3 years × 6 months ÷ 12 months

= $3,450

3 0

3 years ago

"The Carla Vista Boat Company's bank statement for the month of November showed a balance per bank of $8,500. The company's Cash

DaniilM [7]

Answer:

Explanation:

The Carla Boat Company

Bank Reconciliation Statement

as at 30th November

Balance as per bank balance $8,500

Add: Uncredited payment $6,480

Add: Bank Charges $50

Add: Returned Chq $700

Less: Outstanding Chqs ($6,260)

Less: Note received ($3,880)

Less: transposition error on payment ($54)

Balance as per cash book $5,536

Journal entries for transactions:

1. Debit : Bank Charges Expenses $50

Credit: Bank Account $50

Being bank charges expenses for the month of Nov

2. Debit: Cash in bank $54

Credit: Account Payable $54

Being transposition error on Check No 138

3. Debit: Account payable $700

Credit: Bank Account $700

Being NSF check returned

4. Debit: Bank Account $3,880

Credit: Notes Receivable $3,748

Credit: Interest on investment $132

Being note receivable and accrued int

4 0

3 years ago

West Company estimates that overhead costs for the next year will be $3,800,000 for indirect labor and $970,000 for factory util

nalin [4]

Answer: $45 per machine hour

Explanation:

Company uses machine hours as its overhead allocation base and there were 106,000 machine hours planned.

The overheads are $3,800,000 for indirect labor and $970,000 for factory utilities.

The rate will therefore be;

= Total Overhead / Machine hours

= (3,800,000 + 970,000) / 106,000

= $45 per machine hour

3 0

3 years ago

2. Skip and Peggy are brother and sister and they fight about everything. Skip says that perfectly competitive firms maximize pr

finlep [7]

Answer: They are both right.

Explanation:

Firms in every market will always maximise profit where their Marginal Revenue equals Marginal Cost because at this point, resources are being fully utilized. This is therefore no different in a Perfectly competitive market so Skip is correct.

Peggy is also correct however because in a Perfectly Competitive market, the demand curve is perfectly elastic. This creates a situation where the Price, Marginal Revenue and Average Revenue are all the same and represent the demand curve as well.

With the Price being the same as the Marginal Revenue in a Perfectly competitive firm, that means that where the Price equals Marginal Cost is where the Marginal Revenue equals Marginal Cost as well so indeed perfectly competitive firms maximize profit where price equals marginal cost.

5 0

4 years ago