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barxatty [35]
4 years ago
6

Why is a relentless workaholic quickly overwhelmed?

Business
1 answer:
galina1969 [7]4 years ago
5 0
A relentless workaholic is quickly overwhelmed because they tend to try and do many tasks at once. They are constantly trying to stay busy which often results in being overwhelmed and inefficient. If they were to focus more on individual tasks, they would be less overwhelmed. 
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An annual reporting period consisting of any twelve consecutive months is known as:________.1. Calendar year2. Natural business
11111nata11111 [884]

Answer:

4. Fiscal year

Explanation:

Reporting period refers to the period or time covered by a set of financial statements. It is the accounting period in which a given financial report will be covered. It may either be monthly, quarterly or yearly depending on organization's choice.

Now, fiscal year is an accounting period or reporting period that consist of 12 month used for accounting purposes. It is a yearly reporting period made up of 12 consecutive months. It may or may not correspond to the normal calendar year depending on the organization's choice or decision.

3 0
3 years ago
Velocity, a consulting firm, enters into a contract to help Burger Boy, a fast-food restaurant, design a marketing strategy to c
Genrish500 [490]

Answer:

1. Possible prices (A)                        Prob. (B)   Exp. consideration (A*B)

[($78,000*8m)+$26,000] $650,000 80%              $520,000

[($78,000*8m)-$26,. 000] $598,000   20%              <u>$119,600</u>

Expected value at contract inception                       <u>$639,600</u>

Date   General Journal                 Debit           Credit

              Accounts Receivable    $78,000

                     Bonus Receivable                       $1,950

                    Service Revenue                         $79,950

                    ($639,000/8 months)

(To record the service revenue for the first four months)

2.  Possible prices (A)                        Prob. (B)   Exp. consideration (A*B)

[($78,000*8m)+$26,000] $650,000 60%              $390,000

[($78,000*8m)-$26,. 000] $598,000   40%              <u>$239,200</u>

Transaction price after four months                          <u>$629,200</u>

Date   General Journal          Debit     Credit

           Service Revenue      $5,200

                Bonus Receivable              $5,200

                ([$629,200 - ($78,000*8 months)]

           (To adjust the excess amount of bonus)

3. Date   General Journal            Debit        Credit

              Accounts Receivable   $78,000  

              Bonus Receivable        $650  

                    Service Revenue                     $78,650

                    ($629,200/8 months)

             (To record the service revenue for the last four months)

4. Date   General Journal            Debit        Credit

               Cash                            $26,000  

                     Bonus Receivable                   $5,200

                     Service Revenue                     $20,800

                (To record the receipt of bonus)

4 0
3 years ago
If interest rate on 1-year unsecured loan is 4.5%p.a. The inflation rate is 3.2% this year. What is the real interest rate?
Alexeev081 [22]

Explanation:

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8 0
3 years ago
Prison contain only felony criminals. true or false?
alex41 [277]
"A felony conviction, like a misdemeanor conviction, may not result in time behind bars. But felonies carry potential imprisonment that ranges from time in prison (a year is often the low end) to life in prison without parole or even death." So the answer is true
6 0
3 years ago
How do I find out about an organization’s “social glue,” its normal way of doing business?
Paladinen [302]
Yes it is social glue is important in all businesses
6 0
3 years ago
Read 2 more answers
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