Answer:
Cortina Company
Indication of the type of adjustment and the status of the accounts before the adjustment:
Type of adjustment (prepaid Status of the accounts before the
expense, accrued revenue, etc.) adjustment:
a. Usage adjustment Supplies Overstated by $1,200
b. Accrued Revenue Service Revenue understated by $700
c. Accrued Expense Interest Expense understated by $300
d. Earned Revenue Rent Revenue understated by $1,100
and Deferred Revenue overstated by
the same amount.
Explanation:
Cortina Company must recognize all revenue and expenses, whether cash has exchanged hands or not, provided they have been earned or incurred within the stated accounting period. This is in accordance with the accrual concept and the matching principle of generally accepted accounting principles.
It seems that you have missed the necessary options for us to answer this question so I had to look for it. Anyway, the answer that would best complete the given statement above is the word CLASSICAL. <span>While discussing approaches to boost organization productivity, rene, the president of an auto manufacturer, was interested in a rational approach that through the application of scientific methods, time and motion studies, and job specialization found it is possible to increase productivity. This is the essence of the CLASSICAL viewpoint. Hope this helps.</span>
Answer:
In this growing economy and competitive world, it is important for any business to maintain a good customer relationship by providing value to the customers. However, focusing only on profit maximization will not benefit the business in the long run.
Focusing on profit maximizing the profit will benefit the organisation in the short term and the company will only think about business interest keeping the costumers and society interest aside.
Explanation:
To assure the operational readiness of the tools, implements, equipment and
maximum return on investments.
Answer:
$33,000,000
Explanation:
In real estate, NOI refers to net operating income and it represents how much money a landlord can expect to earn from a real estate investment. It generally applies to rental income.
Since Monica's cap rate is 5%, then she should be willing to pay up to $1,650,000 / 5% = $33,000,000.
The higher the cap rate, the more an investor earns on a real estate investment, but it also represents a higher risk. It is similar to the rate of return of other types of investments.
