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love history [14]
2 years ago
11

Viral Marketing, Inc. reported last year's cost of goods sold of $120 million. Total assets increased by $50 million during the

year, including an decrease of $10 million in inventory. Total liabilities increased by $60 million during the year, including an increase of $7 million in accounts payable. How much cash did the firm pay to suppliers
Business
1 answer:
slamgirl [31]2 years ago
7 0

7million In all accounts

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A wedding party hired a sole proprietorship to cater their wedding. In this situation the sole proprietorship is a partnership,
Kruka [31]

Answer:

False

Explanation:

A sole proprietorship is owned and managed by a single person. The owner is responsible for all the decisions and actions of his or her business. The owner may hire workers to assist in running the business. The workers remain workers and not partners in the business.

The law does not distinguish between the business and the owner. Any liabilities arising from the business are considered to be the owner's liability. In this wedding situation, the sole proprietor is solely responsible for the mistakes of his assistant.

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3 years ago
Smaller companies are moreLikely than larger companies to divide up tasks using a strategy
Natali [406]

Bigger companies are more known and have less space to mess up, as a smaller company not as known, are more likely to give up part of the company to other sharrers and i not played smart, could lose the company altogether.

3 0
3 years ago
Read 2 more answers
Business solutions's second-quarter 2018 fixed budget performance report for its computer furniture operations follows. the $174
Natasha2012 [34]

Answer:

Variable Expenses

Desk   $115,520

Chairs $19,040

Fixed cost

Budgeted   $40,000

Under absorbed $1,800

Explanation:

Variable costs are those will vary will the change in sale or activity level e.g material cost, labor cost etc.

Fixed costs are those which remains fix and does not vary with the change in sale or activity level.

5 0
3 years ago
Management wants to build a culture where employees keep security in mind. Employees should be able to access information freely
Pavel [41]

Answer: Posters promoting good security behavior and designated mailing list.

Explanation:

One of the ways to create awareness in people's mind is by posting images, writings on walls and boards for their veiwing, when this is done over a period of time, they get conformed in their minds to adjust to what they've been seeing, another way is by designated emails, especially coming from the organization, through this emails, they can give their suggestions and complains also on what they feel or want to be done in the organization.

6 0
3 years ago
The manufacturing overhead budget at Polich Corporation is based on budgeted direct labor-hours. The direct labor budget indicat
Anastasy [175]

Answer:

Total overhead cash disbursement= $155,160

Explanation:

Giving the following information:

The direct labor budget indicates that 7,500 direct labor-hours will be required in February. The variable overhead rate is $8.40 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $110,250 per month, which includes depreciation of $18,090.

First, we need to calculate the allocated variable overhead:

Variable overhead= 7,500*8.4= 63,000

Depreciation is not a cash disbursement:

Fixed overhead= 110,250 - 18,090= 92,160

Total overhead cash disbursement= 63,000 + 92,160= $155,160

8 0
3 years ago
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