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3 years ago

We opened the doors to Data Driven Donuts last year. What type of analysis tells us how we performed the first year?

Business

1 answer:

sweet [91]3 years ago

8 0

Answer:

Descriptive

Explanation:

Any company,business or organization that want to know how well they performed in the first year of their business or first year of operation will have to make use of DESCRIPTIVE ANALYSIS reason been that this type of ANALYSIS will help to collect data, analysed and summarize the data in details in order to interprete and present the data in a more useful way.

Therefore the type of analysis tells us how we performed the first year is called DESCRIPTIVE ANALYSIS

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The following transactions relate to the City of Middleton, which has a fiscal year end of December 31. The city adopts budgets

scoundrel [369]

Answer:

See explaination

Explanation:

--Capital projects fund journal

Dr. Cash $2,000,000

Cr. Other Financing Source—Proceeds of Bonds $2,000,000

--Governmental activities journal

Dr. Cash $2,000,000

Cr. Bonds Payable $2,000,000

--Debt service fund journal

Dr. Estimated Other Financing Sources—Inter fund Transfers In $ 30,000

Cr. Appropriations $ 30,000

--General Fund journal

Dr. Budgetary Fund Balance $ 30,000

Cr. Estimated Other Financing Uses—Inter fund Transfers Out $ 30,000

--Capital projects fund journal

Dr. Investments $1,000,000

Cr. Cash $1,000,000

--Governmental activities journal

Dr. Investments $1,000,000

Cr. Cash $1,000,000

--General Fund journal

Dr. Other Financing Uses—Inter fund Transfer out $ 30,000

Cr. Cash $ 30,000

--Debt service fund journal

a) Dr. Cash $ 30,000

Cr. Other Financing Sources—Inter fund Transfer In $ 30,000

b) Dr. Expenditures—Interest $ 30,000

Cr. Cash $ 30,000

--Governmental activities journal

Dr. Expenses—Interest on Long-term Debt $ 30,000

Cr. Cash $ 30,000

--Capital projects fund

Dr. Interest Receivable $ 11,555

Cr. Revenues—(optional to put source, Interest) $ 11,555

--Governmental activities journal

a) Dr. Interest Receivable $ 11,555

Cr. General Revenues—Investment Earnings—(optional to indicate restriction, Restricted for Capital Projects) $ 11,555

b) Expenses—Interest on Long-term Debt $ 30,000

Interest Payable $ 30,000

Debt service fund

Note that there is no accrual of interest expenditure since the expenditure is not legally due until after the first of the year.

4 0

3 years ago

Bigbucks Brokerage provided the taxpayer $2,400 in bicycle commuting reimbursement in 2020. How much of that reimbursement, if a

blsea [12.9K]

Answer:

Bigbucks Brokerage

The whole amount of $2,400 must be included in the taxpayer's income.

Explanation:

The Bicycle Commuting Reimbursement in 2020, given under a Bicycle Commuter Tax Benefit program, is taxable as income to the employee. According to the provisions of the Tax Cut and Jobs Act, the restriction placed on the Bicycle Commuter Tax Benefit will expire in 2026. The bicycle commuting reimbursement is a benefit that can only be offered by employers and is regarded as a taxable benefit to the affected employee.

5 0

2 years ago

Emma is planning how much she needs to make next week. She can only work 25 hours, and she needs to make a total

Mademuasel [1]

Answer:

$24.8 per hour.

Explanation:

Emma can only work for 25 hours in a week.

Total she needs to make =$620.

So, each hour she has to make sales worth =620/25 =$24.8

3 0

2 years ago

Read 2 more answers

Religuard is a pharmaceutical company that has factories in Taiwan. Due to environmental regulations in the country becoming str

dezoksy [38]

Answer:

B. social and political pressures

Explanation:

The forces that forced Religuard to shut down most of its manufacturing units are social and political pressures. This is simply forces created by social and political events occurring in the geographical location of the units in question. Some examples of these forces are changes in laws, climate change concerns in the population, protests, etc. In this scenario, the forces affecting the company are changes in environmental regulations.

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3 years ago

The substitution effect of an increase in the price of Raisin Bran refers to Select one: a. the decrease in the demand for Raisi

EleoNora [17]

Answer:

the fact that the higher price of Raisin Bran relative to its substitutes, such as Cheerios, causes consumers to buy less Raisin Bran.

Explanation:

the substitution effect arises when as a result of a rise in the price of a good, the good becomes more expensive relative to its substitutes. Consumers not consume less of the good and more of the substitute. This leads to a movement up along the demand curve for that goods and not a movement along the demand curve for the good and not a shift of the demand curve.

If the price of the good increases. The good becomes cheaper when compared with substitutes. As a result, the demand for the good increases while that of the substitutes decreases.

The income effect is when an increase in price lowers consumer's purchasing power, holding money income constant.

5 0

2 years ago