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kipiarov [429]
2 years ago
7

Which 3 of these areas does the Client Needs Assessment tool focus on to help gather the information needed to select the right

QuickBooks Online subscription for a client
Business
1 answer:
Leto [7]2 years ago
8 0

The 3 areas the Client Needs Assessment tool focuses on to help gather the information needed to select the right QuickBooks Online subscription for a client include <u>Who is the client?</u>

The other areas the tool focuses on to help gather information needed include the following:

  • What service does the Client need?
  • When does the client need their work completed?
  • Also, the Client Needs Assessment tool focuses on the area of "How will the client work be completed?"

Hence, in this case, it is concluded that the <u>Client Needs Assessment</u> tool focuses on the areas of "what, when, who, and how" to gather the right needed to select the right QuickBooks Online subscription for a client.

Learn more here: brainly.com/question/13136031

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Prior to June 30, a company has never had any treasury stock transactions. A company repurchased 100 shares of its $1 par common
Viktor [21]

Answer:

June 30, repurchase of 100 shares:

Dr Treasury stock 4,000

    Cr Cash 4,000

Explanation:

The other journal entries should be as follows

July 20, resale of 50 shares:

Dr Cash 2,300

    Cr Treasury stock 2,000

    Cr Additional paid in capital 300

August 1, resale of 20 shares:

Dr Cash 760

Dr Additional paid in capital 40

    Cr Treasury stock 800

3 0
3 years ago
Last year Lowell Inc. had a total assets turnover of 1.40 and an equity multiplier of 1.75. Its sales were $295,000 and its net
katrin [286]

Answer:

ROE would have changed by 8.52%

Explanation:

First we calculate the current ROE using Dupont Equation which gives ROE as,

ROE = Net Income/Sales * Sales/Total Assets * Total Assets/Equity

or

ROE = Net Profit Margin * Total Assets Turnover * Equity Multiplier

  • Current ROE = 10600/295000 * 1.4 * 1.75 = 0.0880 or 8.8%

The condition says that the net income could have increased to 20850 but other factors will remain constant. Thus, to calculate new ROE, we will calculate the new Net Profit margin but the total assets turnover and the equity multiplier will remain constant as sales assets and capital structure is not changing.

  • New ROE = 20850/295000 * 1.4 * 1.75 = 0.17316 or 17.32%
  • The ROE would have changed by 17.32 - 8.80 = 8.52%
7 0
3 years ago
Question 13 a scientific theory is one that: is supported by many years of experimentation all supporting the hypothesis. is bas
Tom [10]

A scientific theory is one that is supported by many years of experimentation all supporting the hypothesis.

8 0
3 years ago
A ticket to an Eric Clapton concert costs $45. If you have a ticket, you can "scalp" it (sell it illegally) for $75. To a ticket
Delvig [45]
Opportunity cost is what you give up to do something

if you go to the concert, you spent $45 dollars but lose the opportunity to sell the ticket

if you sell the ticket illegally, you get $75 at the cost of not seeing the concert


the opportunity cost of attending the concert=75+45=$120
the opportunity cost is 120 dollars
7 0
3 years ago
1/1/2019 sally miller purchased $500 of merchandise on account; the cost of the item is $310
timofeeve [1]

<u>Solution and Explanation:</u>

date                           Particulars                                  Debit                    Credit

1st january, 2019    Account receivable                  500

                                Sales revenue                                                            500

                    (To record sales on account)

                        Cost of goods sold                              310

                       Merchandise inventory                                                      310

             (To record cost of goods sold)

31st january, 2019       Notes receivable                     500

                                 Accounts receivable                                                 500

(To record notes receivable for the 60 days at the rate of 6 percent)

1st April, 2019 Allowances for Doubtfull accounts          500

                        Notes receivable                                                                500

(In order to write off Sally Millers account, no interest revenue is to be recognised)

2nd May, 2019           Notes receivable                             500

                              Allowances for doubtful debts                                     500

( in order to record re-instatement)

2nd May, 2019             Cash                                                  507.50

                                  Notes receivable                                                        500

                               Interest revenue                                                             7.5

( In order to record the payment received)

3 0
3 years ago
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