Answer:
C. rescuing core business.
Explanation:
Diversification: It is a process of expanding the business by allocating investment in several other related businesses. This is a way to reduce risk on any particular asset or business and it also helps in covering the loss of one business. A company should pursue related diversification instead of unrelated diversification when the company's core skills are highly specialized and have few applications outside its core business.
Answer:
The amount that should be reported for inventory on Ayayai Company’s balance sheet at December 31, 2022 is $1,504,800
Explanation:
In order to calculate the amount that should be reported for inventory on Ayayai Company’s balance sheet at December 31, 2022 we would have to make the following calculation:
amount that should be reported for inventory on Ayayai Company’s balance sheet at December 31, 2022=
Inventory as per physical count -inventory purchase-goods shipped-goods held on consignment
amount that should be reported for inventory on Ayayai Company’s balance sheet at December 31, 2022=
$1,628,000-$51,900-$55,500$-$16,300
amount that should be reported for inventory on Ayayai Company’s balance sheet at December 31, 2022=$1,504,800
Answer:
c.$87,400 $(15,700)
Explanation:
Equipment ($89,700- $2,300) $87,400
Cash $2,300
Loss ($105,400 – $89,700) $15,700
Land (book value)105,400
Therefore Assuming that the exchange has commercial substance, the company would record equipment and a gain/(loss) of $87,400 $(15,700)
Answer:
The incorrect statement is letter "A": Tying rewards and incentives directly to the achievement of strategic and financial performance targets.
Explanation:
The managerial strategy-execution process allows firms to come up with a well-established method to clarify, transmit, apply and handle their operations within the organization to reach the company's goals. The method aims to give the firm the highest efficiency possible while achieving its objectives.
Implementing employees' additional compensations is not part of this approach.
Answer:
A journal was prepared for the entries of items in the question given,
Explanation:
<em>Solution</em>
We prepare a journal entries for the item listed in the question
J<em>OURNAL ENTRY</em>
No Accnts $ Explanation Debit Credit
1 Debit Supply expense $530.
Credit Supplies $530.
2. Debit expense of insurance $125.
Credit Prepaid insurance $125.
3. Debit Depreciation expense $75
Credit Accumulated depreciation
Equipment $75
4. Debit Unearned service revenue $950
Credit Service revenue $950
5. Debit Accounts receivable $330
Credit Service revenue $330
6. Debit Interest expense $80
Credit Interest payable $80
7. Debit Salaries and wages expense $1460
Credit salaries and wages payable $1460
