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Akimi4 [234]
3 years ago
7

Why is accounting hard?

Business
1 answer:
hjlf3 years ago
6 0

Answer:

Accounting can be tough. ... The course load is quite intense, with classes in mathematics, finance, business, and accounting. While some concepts can be challenging, by studying the material and taking the time to make sure you fully understand accounting principles, you can be successful.

<h3>Please mark as brainliest</h3>
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Eddy Jones Pottery produces serving bowls among other items. If they reengineer their automated equipment, a serving bowl can be
Ganezh [65]

Answer and Explanation:

Old equipment=2.5 mins per serving bowl

New equipment=1.5 mins per serving bowl

With old equipment, in one hour Eddy Jones can produce 60/2.5= 24 serving bowls

With new equipment, in one hour Eddy Jones can produce 60/1.5= 40 serving bowls

With old equipment, in 8 hours Eddy Jones can produce 24*8=192 serving bowls

With new equipment, in 8 hours Eddy Jones can produce 40*8=320 serving bowls

Therefore in 8 hours with new equipment Eddy Jones will produce 320-192= 128 more serving bowls than with old equipment.

5 0
3 years ago
Classify each of the following costs for Harrison Company as a selling or general and administrative period cost or as a direct
KIM [24]

Answer:

Answer is explained below and attachment.

Explanation:

Download pdf
8 0
4 years ago
In its income statement for the year ended June 30, 2009, The Clorox Company reported the following condensed data (dollars in m
Kruka [31]

Answer:

Clorox Company

multiple-step income statement.

Net sales                                                                       $5,450

Less Cost of goods sold                                             ($3,104)

Gross Profit                                                                   $2346

Less Operating Expenses :

Selling and administrative expenses          $ 715

Research and development expense          $ 114

Advertising expense                                    $499     ($1,328)

Operating Income                                                        $1018

Less Non Operating Expenses :

Income tax expense                                     $276

Interest expense                                            $161

Other expense                                                $46      ($483)

Net income                                                                   $535

Explanation:

The multiple-step income statement shows separately the income derived from primary activities (operating income) and secondary activities (net income)

8 0
3 years ago
A&amp;B Enterprises may add customer appraisals as a component of employee performance appraisals. All of the following are most
Vitek1552 [10]

Answer: Evaluating Development Programs

Explanation:

Customer Appraisal is very and should be very important to companies because it is a critical source of information that guides a company on knowing Consumer Behavior.

Knowledge of Consumer Behavior can make or break a company as it enables them to know if they are satisfying their customer's needs.

Fostering Change, Holding Employees Accountable and Demonstrating a commitment to Customers are main reasons for Customer Appraisals. Evaluating Development Programs is not likely to be a reason so is the correct answer here.

5 0
3 years ago
There are two ways in which the fed can provide additional reserves to the banking system: it can ________ government bonds or i
iren2701 [21]

Fed can <u>purchase</u> government bonds or it can <u>extend</u> discount loans to commercial banks.

The Fed creates cash via buying securities on the open marketplace and including the corresponding funds to the financial institution reserves of commercial banks. Banks then grow the money deliver in flow even extra by using making loans to consumers and agencies.

One manner to increase a bank's amount of required reserves is to: increase deposits. One reason why banks are required to deposit a minimal quantity of reserves on the Federal Reserve is so that: the Federal Reserve can manipulate the capacity of banks to lend cash to others.

The term commercial bank refers to a financial group that accepts deposits, gives checking account offerings, makes various loans, and gives fundamental financial products like certificates of deposit (CDs) and financial savings accounts to individuals and small organizations.

Learn more about commercial banks here brainly.com/question/4423138

#SPJ4

3 0
2 years ago
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