What isa survey?

If Alex deposits $1,000 from her paycheck into her checking account and, at the same time, increases her credit card balance by

Marina86 [1]

Answer:

option (A) -$500; decreases by $500

Explanation:

Data provided in the question:

Amount deposited = $1,000

Increase in credit card balance = $1,500

Now,

Deposit adds to assets whereas increase in credit card balances adds to liabilities

Therefore,

Savings = Deposits - Increase in credit card balances

= $1,000 - $1,500

= - $500

Here,

negative sign depicts the decrease in wealth

Hence,

The correct answer is option (A) -$500; decreases by $500

8 0

3 years ago

3.A lockbox plan is most beneficial to firms that a. have widely dispersed manufacturing facilities. b. have a large marketable

kramer

Answer:

D) have customers who operate in many different parts of the country.

Explanation:

A lockbox is basically a bank mailing address where a company's clients can send their payments to. It is similar to mailbox that receives letters, only that this one receives checks and cash. The bank is in charge of opening the lockbox and depositing the cash and checks to the company's account, and reporting the information.

7 0

3 years ago

Read 2 more answers

A citizen group raised funds to establish an endowment for the Eastville City Library. Under the terms of the trust agreement, t

tino4ka555 [31]

Answer:

a. Journal entries

Particulars Debit Credit

Revenue: Addition to permanent $510,000

endowment

Revenue investment income $48,000

Revenue : increase in fair value $8,000

of investment

Expenditure - subscription $39,500

Fund balance $526,500

b. Statement of revenue , expenditure , and changes in fund balance

Particulars Amount

Revenue

Addition to permanent endowment $510,000

Investment income $48,000

Increase in fair value of investment $8,000

Total revenue $566,000

Expenditure

Library subscription $-39,500

Net change in fund balance $526,500

Beginning fund balance 0

Ending fund balance $526,500

c. Balance sheet

Assets

Cash $8,500

Investments $5,18,000

Accrued interest receivable $2,000

Total assets $528,500

Liabilities and fund balance

Liabilities

Accounts payable $2,000.00

Fund balance

Non spendable permanent $510,000

fund principal

Assigned to library $16,500

($526,500 - $510,000)

Total fund balance $526,500

Total liabilities and fund balance $528,500

3 0

3 years ago

At the beginning of the period, the Cutting Department budgeted direct labor of $136,000, direct materials of $156,000 and fixed

sammy [17]

Answer:

A

Explanation:

In this question, we will calculate the appropriate total budget for the department.

We employ a mathematical approach as follows;

direct labor =$136,000

direct material =$156,000

fixed factory overhead = $10,100

total cost will be ---- 136,000 + 156,000+ 10,100 = $302,100 (for 7,000 hrs of production)

the cost of 1 hr of production is 302,100/7,000= $43.16

so in order to extend it to 10,300 we need (10,300-7,000) = 3,300 more hrs of production

3,300 * 43.16 = 142,419

adding this to 302,100 + 142,419 = $444,519

4 0

3 years ago

Karen usually does not spend much time selecting gifts. However, when choosing a fountain pen for her husband's birthday this ye

Mamont248 [21]

Answer:

Option d: situational involvement

Explanation:

Types of Involvement

Product Involvement; message involvement, situational involvement

Product involvement

In this stage of involvement, consumer's level of interest in product is largely based on perceived risk and application to daily life. This is simply known as a product category that is of high personal relevance.

Message involvement

This is simply the effects the media has on consumers such as high involvement is equal to high cognitive effort required (newspaper) while low-involvement equal to low cognitive.

Situational Involvement

This is simply defined as the circumstances surrounding the purchase area that may temporarily change a low-involvement decision into a high-involvement one. High-involvement is therefore when the consumer perceives risk in a specific situation. This usually takes place at location where purchasing.

7 0

3 years ago