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Leni [432]
3 years ago
10

What is a cash book used for?​

Business
2 answers:
Alinara [238K]3 years ago
8 0

Answer:

to keep track of all business transactions in case of an audit

Andrej [43]3 years ago
3 0
A cash book is a financial journal that contains all cash receipts and disbursements, including bank deposits and withdrawals. Entries in the cash book are then posted into the general ledger
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Chipotle has become popular with a variety of people. It recently identified a primary customer segment in Millennials. To win o
Elena L [17]

Answer:

Chipotle is likely to use cultural branding.

Explanation:

"Today, brands need to look more actively and purposefully at the culture buzzing around them—in entertainment, in fashion, in news, on social media—and use that awareness to inform how they should best position and integrate themselves into the world.

This is a more powerful form of branding, because by engaging with culture more directly, brands in effect can become a part of that culture, thereby deepening their relevance and connection with customers. And that has never been more prescient or necessary."

Reference: Quora. “How Do Brands Become Part Of Our Culture?” Forbes, Forbes Magazine, 10 Aug. 2018

6 0
3 years ago
Companies that use job-order costing ______. Multiple choice question. make unique products use a series of standardized process
tamaranim1 [39]

Companies that use job-order costing make unique products.

<h3>What is job-order costing?</h3>

Job order costing can be defined as a costing method that is used to calculate the cost of each unique item  produce or the cost of producing each unique product that is different from the ones in the market.

Example companies can make use of job-order costing when they produce a unique bag or shoe for their customer.

Since this product they produce for this customer is unique, the manufacturer can tend to use job order costing to determine the price or selling price they will to charge the customer.

A company can use a job order cost method if it produce products with unique characteristics.

Inconclusion companies that use job-order costing make unique products.

Learn more about  job-order costing here: brainly.com/question/24516871

7 0
3 years ago
ABC Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the producti
scoray [572]

Answer:

6,237

Explanation:

For computation of Abnormal spoilage totals first we need to find out the total spoiled units and normal spoiled units is shown below:-

Total spoiled units = Units in beginning Work in progress + Unit started - Units completed and transferred out - Units in ending Work in progress

= 23,000 + 76,500 - 72,100 - 19,000

= 99,500 - 72,100 - 19,000

= 8,400

and

Normal Spoiled units = Units completed and transferred out × Spoiled units percentage

= 72,100 × 3%

= 2,163

Abnormal Spoilage totals = Total spoiled units - Normal Spoiled units

= 8,400 - 2,163

= 6,237

Therefore for computing the abnormal spoilage totals we simply applied the above formula.

4 0
4 years ago
Float is important in the cash conversion cycle of a firm because​ ________. A. its presence reduces the investment that a firm
Bad White [126]

Answer:

Option D. Its presence lengthens both a firm's average collection period and its average payment period

Explanation:

The increase in the float, increases the investment in the working capital so the Option A is incorrect

The reason is that it is the time period from the time the cash was deposited in the company's account to the time its was credited due to the payment to the vendors. If the floating time is increased then the collection period and payment period are increased which is the option D and is totally opposite to option B and C.

3 0
3 years ago
5. Harris Corporation has $250 million in cash and 100 million shares outstanding, Suppose the corporate tax is 35%, and investo
Ronch [10]

Answer:

$0.875

Explanation:

The computation of the stock price that changes upon the announcement is shown below:

As it given that

The corporate tax is 35%

So there is an effective disadvantage i.e. retention

Also, the stock price would be decline by 35% of cash

i.e.

= 35% × $250 million ÷ 100 million outstanding

= $0.875

Hence, the stock price is $0.875

3 0
3 years ago
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