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Gre4nikov [31]
3 years ago
10

Read the information about 2 competing credit cards.

Business
2 answers:
Luda [366]3 years ago
4 0

Answer: A. Had major expenses in the first year.

Explanation: It just makes sense and it’s also correct

emmainna [20.7K]3 years ago
4 0
A. Had a major expenses in first year, have a great day
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The following information pertains to Guy’s Gear Company: Sales $ 75,000 Expenses: Cost of Goods Sold $ 47,500 Depreciation Expe
iren [92.7K]

Answer:

Cash flow provided from operating activities 12,700

Explanation:

Net Income: 10,500

Depreciation expense 5,500 a

Adjusted income 16,000

Change in working capital

↓Account Receivable 3,500 b

↑Inventory (7,500) c

↑Salaries payable 700 d

Total Change in working capital (3,300)

Cash flow provided from operating activities 12,700

<u>Notes:</u>

a The depreciation is a non-monetary concept it has no impact in cash. It is removed.

b The decrease the AR means cash was collected, therefore the cash increase

c The increase in inventory represents cash being used to purchase that inventory. Cash decreased

d the salaries payable represent the delay of cash disbursement, it increases cash.

8 0
2 years ago
Connor ​Company's budgeted prices for direct​ materials, direct manufacturing​ labor, and direct marketing​ (distribution) labor
GalinKa [24]

Answer:

The answer is attached.

Explanation:

All the calculations were made based on the data provided by the exercise. It was a little difficul to rebuild the table, but with a little bit of research was possible. If any question, please no doubt to contact me.

Download xlsx
6 0
3 years ago
In ______ plans, the employer allocates a certain amount of money to each employee and lets the employee spend that money for be
Sergeeva-Olga [200]

In Cafeteria plan plans, the employer allocates a certain amount of money to each employee and lets the employee spend that money for benefits that suit him or her.

<h3>Work of Cafeteria Plan</h3>

Although it has nothing to do with food, a cafeteria plan receives its name from a cafeteria. Before payroll taxes are calculated, employees can select the benefits of their choosing from a pool of possibilities supplied by their employers, just like people make meal choices in cafeterias. As workforce diversity increases and workers look for more individualized benefits that are catered to their requirements, these plans become increasingly beneficial.

The insurance choices available under cafeteria plans include contributions to health savings accounts (HSAs), group term life insurance, and disability insurance.

To know more about " Cafeteria Plan", visit: brainly.com/question/25884154

#SPJ4

3 0
8 months ago
Exercise 23-7 Rensing Ltd. estimates sales for the second quarter of 2017 will be as follows. Month Units April 2,600 May 2,470
swat32

Answer:

Raw materials purchases cost for May 10,160

Explanation:

May production

sales            2,470

ending          2,130

beginning   <u> (2,200) </u>(ending of April)

<em>units to be produced 2,400</em>

Raw material budget

production needs                      2,400

desired ending inventory

       2,600 x 70% =                     1,820

beginning inventory

      may production x 70%

      2,4000 x 70%  =                 (1,680)

total raw materials purchase     2,540

It will puchase raw materials for 2,540 units. Each units require $4 of raw materials.

total cost for raw materials:

2,540 x $4 =  10,160

3 0
3 years ago
What side of the body does a person wear their name tag on? (left or right)
hjlf

Answer:

Right side.

Explanation:

Although it is much easier for a right handed person to wear their name tag on the left side, it is actually correct to wear it on the right side as it is easier for the person shaking hands or greeting has easy eye contact with both the person and the badge.

Hope this helped ^^

8 0
3 years ago
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