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2 years ago

It is important to know your own strengths and weakness. T or F I'm pretty sure its T but I wanna make sure-

Business

1 answer:

stepan [7]2 years ago

7 0

Answer:

True.

Explanation:

Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.

The internal environmental scanning offers an organization strength and weakness while the external environmental scanning provides information about opportunities and threats.

Hence, it is important to know your own strengths and weakness because it would help in the decision-making process.

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Which compounding periods will yield the lowest effective annual rate given a stated future value at year 5 and an annual percen

emmainna [20.7K]

Answer:

Annual

Explanation:

The ANNUAL compounding periods will yield the lowest effective annual rate given a stated future value at year 5 and an annual percentage rate of 10 percent

4 0

3 years ago

Coolibah Holdings is expected to pay dividends of $ 1.00 every six months for the next three years. If the current price of Cool

morpeh [17]

Answer: The price that would be expected for Coolibah's stock to sell for at the end of three years is $28.87

Explanation: It should be noted that to calculate a price that would be expected in Coolibah's stock to sell for at the end of three years can be calculated using financial calculator:

A) Using a financial calculator, PV = -$22.60 , PMT = $1.20, n = 6, I = 18% / 2;

calculate FV = $28.87 .

5 0

3 years ago

Operating costs are the opposite of

NeX [460]

Answer:

Variable expenses. I'm not sure

6 0

3 years ago

Accounting for par, stated, and no-par stock issuances LO P1

sp2606 [1]

Answer:

Rodriguez Corporation

Journal Entries:

a. Debit Cash $176,900

Credit Common Stock $128,000

Credit Additional Paid-in Capital $48,900

To record the issue of 16,000 shares at $8 par value.

b. Debit Cash $176,900

Credit Common Stock $176,900

To record the issue of 16,000 shares at no par or stated value.

c. Debit Cash $176,900

Credit Common Stock $64,000

Credit Additional Paid-in Capital $112,900

To record the issue of 16,000 shares at $4 state value.

1. Issue of 16,000 shares of no par, no stated value common $94,900 cash.

Journal Entry:

Debit Cash $94,900

Credit Common Stock $94,900

To record the issue of 16,000 shares at no par or stated value.

2. Record the issue of 16,000 shares of $2 stated value common stock for $94,900 cash.

Journal Entry:

Debit Cash $94,900

Credit Common Stock $32,000

Credit Additional Paid-in Capital $62,900

To record the issue of 16,000 shares of $2 stated value for cash.

Explanation:

a) Data and Calculations:

Number of common stock shares issued = 16,000

Cash collected from the issue = $176,900

Date of issue = February 20.

b) When shares are issued at no par or stated value, the corresponding credit for the Common Stock account equals the cash realized. When the par value is less than the issued price, the corresponding credit above the par value is credited to the Additional Paid-in Capital account.

8 0

3 years ago

On April 1, Sangvikar Company had the following balances in its inventory accounts:

astra-53 [7]

Answer:

<h3>Sangvikar Company</h3>

a. Journal Entries for The April transactions:

Debit Raw materials $30,000

Credit Accounts Payable $30,000

To record the purchase of raw materials.

Debit WIP:

Job 114, $16,500

Job 115, $12,000

Job 116, $5,000

Credit Raw materials $33,500

To record the transfer of raw materials to production.

Debit WIP:

Job 114 $2,100

Job 115 $3,950

Job 116 $1,440

Credit Direct labor costs $7,490

To record the direct labor costs to WIP.

Debit WIP:

Job 114 $1,348

Job 115 $2,535

Job 116 $934

Credit Overhead $4,807

To record the overhead applied to WIP.

Debit Finished Goods Inventory $23,699

Credit WIP: Job 115 $23,699

To record the transfer of Job 115 to Finished Goods.

Debit Cost of Goods Sold $23,699

Credit Finished Goods Inventory $23,699

To record the cost of goods sold.

Debit Accounts Receivable $29,624

Credit Sales Revenue $29,624

To record the sale of Job 115 on credit.

b. Ending balances of Inventory Accounts:

Raw materials = $9,230

WIP:

Job 114 = $25,329

Job 116 = $18,119

Total = $43,448

Finished Goods = $8,700

c. T-Accounts:

Materials Inventory

Account Titles Debit Credit

Beginning balance $12,730

Accounts Payable 30,000

WIP:

Job 114 $16,500

Job 115 12,000

Job 116 5,000

Balance $9,230

Accounts Payable

Account Titles Debit Credit

Raw materials $30,000

Work-in-Process Inventory - Job 114

Account Titles Debit Credit

Beginning balance $5,381

Raw materials 16,500

Direct labor cost 2,100

Overhead applied 1,348

Balance $25,329

Work-in-Process Inventory - Job 115

Account Titles Debit Credit

Beginning balance $5,214

Raw materials 12,000

Direct labor cost 3,950

Overhead applied 2,535

Finished Goods Inventory $23,699

Work-in-Process Inventory - Job 116

Account Titles Debit Credit

Beginning balance $10,745

Raw materials 5,000

Direct labor cost 1,440

Overhead applied 934

Balance $18,119

Direct Labor Cost

Account Titles Debit Credit

WIP:

Job 114 $2,100

Job 115 3,950

Job 116 1,440

Overhead

Account Titles Debit Credit

WIP:

Job 114 $1,348

Job 115 2,535

Job 116 934

Finished Goods Inventory

Account Titles Debit Credit

Beginning balance $8,700

WiP: Job 115 $23,699

Cost of Goods Sold $23,699

Cost of Goods Sold

Account Titles Debit Credit

Finished Goods $23,699

Sales Revenue

Account Titles Debit Credit

Accounts Receivable $29,624

Accounts Receivable

Account Titles Debit Credit

Sales Revenue $29,624

Explanation:

a) Data and Calculations:

Beginning balances:

Materials Inventory $12,730

Work-in-Process Inventory 21,340

Finished Goods Inventory 8,700

Work-in-Process Inventory costs:

Job 114 Job 115 Job 116

Direct materials $2,411 $2,640 $3,650

Direct labor 1,800 1,560 4,300

Applied overhead 1,170 1,014 2,795

Total $5,381 $5,214 $10,745

Analysis of April Transactions:

Raw materials $30,000 Accounts Payable $30,000

WIP: Job 114, $16,500; Job 115, $12,000; and Job 116, $5,000 and Raw materials $33,500

WIP: Job 114 $2,100 Job 115 $3,950, Job 116 $1,440 Direct labor costs $7,490

WIP: Job 114 $1,348 Job 115 $2,535 Job 116 $934 Overhead $4,807

Job tickets were collected and summarized (Direct labor costs):

Jobs DLH DLH Costs Overhead applied

Job 114, 150 hours at $14/hour = $2,100 $1,348 ($2,100/$7,490 *$4,807)

Job 115, 220 hours at $18/hour = $3,950 2,535 ($3,950/$7,490 *$4,807)

Job 116, 80 hours at $18/hour = $1,440 924 ($1,440/$7,490 *$4,807)

Total = 450 hours $7,490 $4,807

Actual Overhead = $4,807

Total direct labor costs = $7,490

Overhead rate = $0.64

Sales Revenue = $29,624 ($23,699 * 125%)

4 0

3 years ago