Answer:
Petty Cash is debited for $200; Cash is credited for $200
Explanation:
Based on the information given in a situation were they decided to create a petty cash fund in which it was estimated that the amount of $200 would be needed in the petty cash fund which means that the correct journal entry to create the account is to DEBIT Petty Cash with the amount of $200 and to CREDIT Cash with the amount of $200.
Petty Cash is debited for $200
Cash is credited for $200
Which of the following statements is correct about planning a successful conversion to Lean/Just-in-time operations. Multiple choice question. Management and employees must be convinced of benefit and receive training prior to conversion to avoid obstacles. Conversion should be accomplished quickly, not gradually, to realize the maximum benefit. When converting a production line, begin at the start and progress to the end of the line. Vendors should be converted to JIT delivering first, before implementing in the Buyer's organization.
Answer:
Management and employees must be convinced of benefit and receive training prior to conversion to avoid obstacles.
Explanation:
A lean business is a business concept used by organizations to eliminate waste and maximize value for growth and development. The lean business concept include the following;
I. A total quality management (TQM): it is a management framework that is focused on achieving long-term success through the satisfaction of your customers by the efforts of all the member of staff in an organization.
II. A continuous improvement (CI): it is a management technique that is focused on improving manufacturing processes, products and services through the elimination of redundancy and time-wasting activities in an organization.
III. Just-in-time (JIT): it is a management framework that is focused on cutting manufacturing costs and increase efficiency between suppliers and consumers through the use of a proper inventory system.
Additionally, lean production is a manufacturing methodology that is focused on integrating activities that are designed to provide massive quantity with high quality production using minimal resources, raw materials, finished products and work-in-process features.
This ultimately implies that, lean production is basically a supply management process aimed at elimination of waste as much as possible and it requires a mutual agreement between the management and employees, as well as proper training of the employees (workers) before implementing the conversion.
Hence, the statement which is correct about planning a successful conversion to Lean/Just-in-time operations is that both management and employees must be convinced of benefit and receive training prior to conversion to avoid obstacles.
_ is also known as coolant and is found in liquid-cooled engines.
Answer:
anti freeze or water
Explanation:
could be either one just depends on the context
Assembly department of Zahra Technologies had 100 units as work in process at the beginning of the month. These units were 50% complete. It has 200 units which are 25% complete at the end of the month. During the month, it completed and transferred 500 units. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. Zahra uses weighted-average process-costing method.
What is the number of equivalent units of work done during the month for direct materials? (HINT: The answer is 700 units, but I need work to support it)
Answer: 700
Explanation:
The number of equivalent units of work done during the month for direct materials will be:
Completed and transferred units = 500
Ending work in process inventory = 200
Number of equivalent units = 500 + 200 = 700
Threadless (Strategy Highlight 5.2.) is a community-centered online apparel store that leverages user-generated content. The idea is to turn consumers into prosumers, a hybrid between producers and consumers. Members of the Threadless community do most of the work, which they consider fun: They submit T-shirt designs online, and community members vote on which designs they like best. The designs receiving the most votes are put in production, printed, and sold online. It can be said that Threadless uses the _____ technique.
Answer: Crowdsourcing Technique
Explanation:
The crowdsourcing technique is a technique that seeks information, opinions and ideas from a group of people who belong to a particular target market.
Like the name implies, it is usually done by engaging a “crowd” to source for ideas, and information for a particular project or goal.
Crowdsourcing aims to reduce cost while gaining insight into the intelligence and creativity of the target market.
Like the Threadless community, the target market may be unaware of the work they are putting in but they get the desired product at the end so they see crowdsourcing as fun and satisfying.
is the state of matter with the highest temperature
What should a company consider when choosing a celebrity to endorse its products? Explain.
Answer:
Explanation:
Celebrity endorsement on a product is vital in increasing brand recognition and having more customers and improvement in sales. Some of the things that should be considered when choosing a celebrity for endorsement of a product include:
1. Identification of their interest: It's vital for the celebrity to have thesame interest with the product to be endorsed. The brand should share the celebrities passion.
2. Their audience engagement should also be considered. It is vital to have celebrities that have a strong followership and large fanbase. This will help in driving ones sales.
3. Celebrities that are controversial and have negative history should be avoided. This can have a negative impact on ones product. For example, using a celebrity that is known to be a drug addict or have a vile lifestyle.
Check My Work Technological improvements in agriculture that shift the supply of agricultural commodities to the right tend to a. increase total revenue to farmers as a whole because the demand for food is elastic. b. increase total revenue to farmers as a whole because the demand for food is inelastic. c. reduce total revenue to farmers as a whole because the demand for food is elastic. d. reduce total revenue to farmers as a whole because the demand for food is inelastic.
Answer:
d. reduce total revenue to farmers as a whole because the demand for food is inelastic.
Explanation:
Technology can be defined as a branch of knowledge which typically involves the process of applying, creating and managing practical or scientific knowledge to solve problems and improve human life. Technologies are applied to many fields in the world such as medicine, information technology, cybersecurity, engineering, environmental etc.
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
Technological improvements in agriculture that shift the supply of agricultural commodities to the right tend to reduce total revenue to farmers as a whole because the demand for food is inelastic.
31. Which of these terms could you use in place of the phrase "human capital”?
skills
c. tools
b. equipment
d. buildings
a.
Answer:
D
Explanation:
Answer:
skills
Explanation:
Hope this helps
I NEED AN ANSWER REALLY QUICK Why should I take personal finance
Answer:
Personal finance skills help you to understand how much you earn, what are your monthly expenses, and help you budget within that income.
Explanation:
What are the causes of corruption and fraud in the public sector
Answer: All before-mentioned forms of corruption occur in the public sector, including bribery, embezzlement, illicit enrichment, trading in influence, and abuse of functions (which can involve favouritism and nepotism).
Explanation:
Answer:
•Country size.
•Country age.
•Resource curse.
•Political instability.
•Wages.
•Lack of rule of law.
•Failure of governance.
•Size of government.
Which one of the following statements is false? A. The activities along the critical path determine the completion time of the project. B. If one of the activities on the critical path is delayed, the entire project will be delayed. C. There may be more than one critical path in a project network. D. The critical path is the sequence of activities between a project's start and finish that takes the shortest time to complete.
Answer:
C.
Explanation:
The critical path is the sequence of activities between a project's start and finish that takes the shortest time to complete.
Please post detailed answers to the following questions. Please use complete sentences.What responsibilities do you believe people have as citizens in our global economy?
Answer:
Explanation:
GLOBAL CITIZENSHIP RESPONSIBILITIES. A global citizen, living in an emerging world community, has moral, ethical, political, and economic responsibilities. These responsibilities include: #1 Responsibility to understand one's own perspective and the perspectives of others on global issues.
Tom is the CEO of a jewelry business based in Boston. He needs to send a parcel of 200 diamonds as quickly as possible to a partner in Canada. What mode of transport should he use?
A.
road
B.
sea
C.
air
D.
rail
E.
rail and road
Experience indicates that strategic alliances Multiple Choice are generally successful. work well in cooperatively developing new technologies and new products but seldom work well in promoting greater supply chain efficiency. work best when they are aimed at achieving a mutually beneficial competitive advantage for the allies. stand a reasonable chance of helping a company reduce competitive disadvantage but very rarely form the basis of a durable competitive advantage over rivals.
Answer:
stand a reasonable chance of helping a company reduce competitive disadvantage, but very rarely form the basis of a durable competitive advantage over rivals
Explanation:
Of course, a rival company is free and could also make its own strategic alliance. Hence, there is no durability in competitive advantage (ca) if a company based its hope on only forming strategic alliances.
For example, an older company that partners with a new transport/logistics company in order to reduce its cost of transportation (thereby assuming to increase ca), while also increasing the brand awareness of the logistics may be shocked when its major does a similar partnership with another logistics firm.
Which choice is the best reason savings accounts are usually NOT the best
option when it comes to saving for retirement?
OA. You will not have enough "time horizon" with your saving investments.
OB. Time is not on your side when it comes to savings accounts.
Oc. Most savings accounts do not pay enough interest to keep up with inflation
OD. Many people will spend their savings if they can get to it.
Answer:
The answer is C
A type of account in which interest is earned on the deposit amount that typically require a
minimum balance, offer lower interest rates, and have restrictions on the number of withdrawals
allowed within a given time period is a
Tianna invested $500 in a CD account. She earned $8 in interest. Inflation was $2. What is Tianna's rate of return? (3 points)
Answer:
1.6%
Explanation:
A rate of return is the total gain or loss on investment. It is usually expressed in percentage form
Rate of return on the CD is the total return derived from investing in the Certificate of deposit
Rate of return = (interest earned / total amount invested ) x 100
(8/500) x 100 = 1.6%
If we are asked to calculate the real rate of return, the inflation rate would be subtracted from the interest earned
Real rate of return = [tex]\frac{8-2}{500}[/tex] × 100 = 1.2%
At the end of the current year, Accounts Receivable has a balance of $1,975,000; Allowance for Doubtful Accounts has a credit balance of $19,670; and sales for the year total $28,550,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $225,000.
a. Determine the amount of the adjusting entry for uncollectible accounts.
b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense.
Accounts Receivable ____________ $
Allowance for Doubtful Accounts ________ $
Bad Debt Expense _______ $
c. Determine the net realizable value of accounts receivable.
Answer and Explanation:
a. The amount of the adjusting entry for uncollectible accounts is
= $225,000 - $19,670
= $205,330
b. the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense is
For account receivable it is $1,975,000
For allowance for doubtful debts, it is $225,000
And, for bad debt expense, it is $205,330
c. The net realizable value of accounts receivable is
= $1,975,000 - $225,000
= $1,750,000
The Corbit Corp. sold merchandise for $10,000 cash. The cost of the goods sold was $7,590. The journal entries to record this transaction under the perpetual inventory system would be
a.
Cash 10,000
Sales 10,000
Cost of Goods Sold 7,590
Inventory 7,590
b.
Cash 7,590
Sales 7,590
Cost of Goods Sold 7,590
Inventory 7,590
c.
Cash 10,000
Sales 10,000
Cost of Goods Sold 10,000
Inventory 10,000
d.
Cash 10,000
Inventory 10,000
Cost of Goods Sold 7,590
Sales 7,590
Answer:
a. Cash 10,000
Sales 10,000
Cost of Goods Sold 7,590
Inventory 7,590
Explanation:
Based on the information given if the company
sold merchandise for the amount of $10,000 cash in which The cost of the merchandise sold was the amount of $7,590. The appropriate journal entries to record this transaction under the perpetual inventory system would be to Debit Cash for $10,000; Credit Sales for $10,000 and to Dr Cost of Goods Sold for $7,590; Credit Inventory for $7,590.
Dr Cash 10,000
Cr Sales 10,000
Dr Cost of Goods Sold 7,590
Cr Inventory 7,590
what skills do you needed for cooperative or group skill
Answer:
The skills you would need to cooperate with someone would be to respect and listen to their ideas, as well as your own. This is important since it's possible that some people in your group would like to have their own say in things. You should always ask what they're thinking as well, because it's possible that they have a better/just as good as an opinion as your own. Lastly, you should communicate properly with them and/or think over the options you have, and choosing the one that is the best/most appropriate for the job/project. Hope this helps! Marking as Brainliest would be greatly appreciated. :)
Discuss any five advantages of the mixed economic system
7. Connor has identified the need to make changes in the efficiency of his customer service
department. In general, he will make changes in which three of the following categories?
Answer:
A) coordinate recruitment and compensation activities
Although today’s Modern economy looks much different compared to our earlier Colonial and Civil War-era economies, what similarities do you still see in terms of trade partners, use of environmental resources, government regulation, and type of goods/products sold?
The correct answer to this open question is the following.
Although there are no options attached we can say the following.
Although today’s Modern economy looks much different compared to our earlier Colonial and Civil War-era economies, the similarities I still see in terms of trade partners, use of environmental resources, government regulation, and type of goods/products sold are the following.
Businesses are still business no matter the time in history. They are created to make profits.
Businessmen are greedy most of the time, like in the past. Any other consideration that does not directly affect the balance sheet or the bottom line, is not considered a priority and takes the back seat when business decisions are made.
This can be shown in politics, in the economy, and in business. Of course, this can be seen in trade and in foreign affairs.
Social costs should be important but are more on the side of the ethics of the managers or leaders of the organizations. And ethics and moral values are not a prominent thing to be considered in the decision-making process of modern corporations.
To this day, businesses are driven by money, power, and control, and these have been teh causes of major differences between companies, states, individuals, and countries.
Imagine that you earned $14,425 in one year. If the government enforces a
15% income tax, how much money would you owe in taxes at the end of the
year? Show your work.
Answer:
you would owe 2163.75 in taxes
Explanation:
Answer:
$2,163.75
Explanation:
The way to solve this multiply 14425 by the decimal form of 15%.
You always move it two to the left.
So 0.15
Then multiply
14425 • 0.15
2163.75
So you would owe $2,163.75
Hope this helps
ive been stuck on this PLEASE help-- how do I find marginal cost?
this is my assignment:
What is the marginal cost of nitrogen in our example when nitrogen is priced at 25 cents a pound vs. if it was 35 cents a pound?
Answer:
Marginal cost is calculated by dividing the change in total cost by the change in quantity. Let us say that Business A is producing 100 units at a cost of $100. The business then produces at additional 100 units at a cost of $90. So the marginal cost would be the change in total cost, which is $90.
Why is it important to get to know core staff
members like secretaries and custodial staff?
Answer:
Managers must also determine the chain of command for custodial staff. ... School grounds can be defined as the full extent (i.e., corner pin to corner pin) of all ... see the discussion about Integrated Pest Management (IPM) in Chapter 4. ... Facilities staff are often uncomfortable calling attention to their own good work,
Explanation:
Answer:
couse maybe you want to be one someday
Explanation:
How can interests play a role in planning for your career brainly
A.You may want to join clubs or teams at work.
B.You won't want to work with people who have different interests.
C.Interests should be included on your resume
.D.It is possible to choose a career based on your interests.
Interests play a role in career planning because D.It is possible to choose a career based on your interests.
Why should interests be considered in career planning?Interests are things we actually enjoy doing and are actively interested in doing.
These should therefore be considered when planning for a career because we can pick jobs based on out interests which would allow us to be motivated when doing those jobs.
Find out more on career planning at https://brainly.com/question/625263.
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d, it is possible to choose a career based on your interests
PLEASE help im stuck
What management principle caused the cost per bushel to change? Explain how the principles applied to this example.
Answer:
Microeconomics uses a set of fundamental principles to make predictions about how individuals behave in certain situations involving economic or financial transactions. These principles include the law of supply and demand, opportunity costs, and utility maximization. Microeconomics also applies to businesses.
why is Africa called plateaus of plateu?
Answer:
Africa is called the plateau continent because almost the entire continent is raised above sea level and drops sharply off at the coast.
Explanation:
sana makatulong ❤❤
Answer:
continent because almost the entire continent is raised above sea level and drops sharply off at the coast.
Explanation:
Can provider gap 4, the communication gap, be closed prior to closing any of the other three provider gaps? How
Answer:
Gap 4, which deals with lowering customer expectations, can be closed at any time. While the first three gaps are concerned with raising company performance to meet expectations, gap 4 aims to lower customer expectations to meet perceptions.
Explanation:
Gap 4 can reduce customer expectations and can be filled at any time. The first three gaps focus on improving business performance in order to meet objectives.
What is communication?Communication is referred to the exchange of information between two individuals in the form of conversation, opinion, suggestion, or advice with the help of medium or direct interaction.
To match perceptions, gap 4 seeks to lower customer requirements. Since the two strategies for overcoming the consumer gap function according to different principles, they can each take place on their own.
The fourth gap seeks to lower the expectations of customers in order to align with perceptions, as opposed to the other three gaps, which focus on improving firm performance to fulfill expectations.
Learn more about communication, here:
https://brainly.com/question/22558440
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The complete question is probably
Can provider gap 4, the communication gap, be closed prior to closing any of the other three provider gaps? why or why not?