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3 years ago

A worksheet ______.

Business

2 answers:

Shtirlitz [24]3 years ago

4 0

Answer:

(A) is an internal document that helps summarize data for the preparation of financial statements

Explanation:

Work sheet is a internal document used for correcting error in a trial balance before preparing a financial statement. It is also used to validate a transaction. A worksheet is an informal document used within an organization.

o-na [289]3 years ago

3 0

Answer:

A worksheet is an internal document that helps summarize data for the preparation of financial statements.

Explanation:

Worksheet is simply a type of internal document that is prepared for proper evaluation of financial statements in a highly authentic and summarized way.

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The McDonald's fast-food restaurant on campus sells an average of 4,000 quarter-pound hamburgers each week. Hamburger patties ar

Gre4nikov [31]

Answer:

a. 148.57 for the year.

b. 2.45 days

Explanation:

a. Each hamburger patties cost $1.00 a pound and 4,000 quater pounds are supplied per week. 4 quater pounds make up 1 pound so;

= 4,000/4

= 1,000 pounds are supplied per week.

Inventory turnover = Cost of goods sold for the year/ Average Inventory

= ( Pounds per week * cost per pound * number of weeks in year)/ Average inventory

= ( 1,000 * 1 * 52) / 350

= 148.57 for the year.

b. Average Days of Supply = Average Inventory/cost of goods sold

= 350/( 1,000 * 1 * 52)

= 0.00673 per year

To convert to days multiply by;

= 0.006730 * 52 weeks * 7 days

= ‭2.44972‬

= 2.45 days

4 0

2 years ago

The set of business activities that adds value to products and services sold to consumers for their personal or family use is re

BARSIC [14]

Answer:

Marketing

Explanation:

5 0

3 years ago

To write a check or make A with drawl when there isn’t enough money in account to pay for?

Irina18 [472]

It would be overdraw because you’re gonna take money out of your bank account etc.

6 0

3 years ago

Harris Company uses the allowance method of handling its credit losses. It estimates credit losses at one percent of credit sale

likoan [24]

Answer:

Dec.31 Bad Debts Expense 27000

December 31 Balance Sheet Accounts Receivable 392400

Explanation:

Harris Company

Credit Sales for the current year $2700,000

Credit Losses = 1% of $ 2700,000= $ 27000

Add Allowance for Doubtful Accounts $ 30600 Cr

Required Adjustments $ 57,600 Cr

General Journal

Date Description Debit Credit

Dec.31 Bad Debts Expense 27000

Allowance for Doubtful Accounts 27000

December 31 Balance Sheet.

Accounts Receivable $450,000

Less: Allowance for Doubtful Accounts $57,600 ( 27000+ 30,600)

Accounts Receivable 392400

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3 years ago

The contracting of physical distribution tasks to third parties who do not have managerial authority within the marketing channe

mote1985 [20]

Answer: The contracting of physical distribution tasks to third parties who do not have managerial authority within the marketing channel is known as outsourcing.

Explanation: Outsourcing can be a great move for many companies because often times they are able to receive the product cheaper through cheaper labor or have a supplier that focuses on just that one thing develop it better. Outsourcing allows someone who is better skilled in a particular area make a good or act on a service rather than the initial company.

5 0

2 years ago