The correct option is C - Increase assets and increase liabilities
<u>Explanation:</u>
When anorganization purchases office supplies on account then it becomes essential to record such supplies as supplies on hand. Generally, in a business organization, the supllies on hand are used up within the span period of one year which means that they are to be recorded as current asset in the financial statement ( balance sheet). As no cash has been paid to merchandise, so it increases the liabilities also.
Therefore, it will increase the current assets and current liabilities.
Answer: exclusive
Explanation: Exclusive distribution refers to the distribution system in which the company allows only some retailers exclusively to distribute their product in a particular geographic region.
In the given case, McDonald's is offering franchise to an existing franchisee of the company. Thus, we can conclude that the above case is an example of exclusive distribution system.
from Intelligent’s point of view, this bond would be considered a current asset, because it represents a resource that can easily be converted to cash within one year.
A bond is a debt instrument. A bondholder is entitled to regular predetermined interest rate payments and at the end of the bond's tenure, the bondholder would receive the amount invested.
Current assets are assets that are expected to be sold, used, or exhausted through standard business operations with one year.
Examples of current asset are:
- cash
- cash equivalents
- accounts receivable
- stock inventory
- marketable securities
- pre-paid liabilities
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Answer:
e. describes "where we are going" by delineating the course and direction management has charted for the company's future product-customer-market-technology focus.
Explanation:
The vision is how the company will shape the future. How is going to be in term of culture, place in the market and consumer view of the brand.
It is the idealistic foundation of the firm. Is the goal as pure as it can be.
Later, with mision and objective it will break down into smaller part to reach that greater the vision entails
The answer to the problem below is:
Carter Corporation sells two products, one is Arks and the other one is Bins. Last year, Carter Corporation was able to sell 14,000 units of Arks and 56,000 units of Bins. The related data are the following listed below:
1. unit contribution, selling, unit variable and product
2. price cost margin
