Which financial statement is considered a link between the income statement and balance sheet?a. Statement of cash flows
b. Statement of company assets
c. Statement of company liquidity
d. Statement of owner’s equity

Answers

Answer 1

Answer: Statement of owner’s equity is considered a link between the income statement and balance sheet.

Answer 2

Answer: The answer is D. Statement of owner's equity

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Which of the following would be classified as an indirect cost when assigning costs to a particular department of a large retail sales store?A) Employee salaries of the department
B) Electricity bill for the entire store
C) Cost of goods sold for the department
D) Advertising expenses for the department

Answers

B) Electricity bill for the entire store

Final answer:

An indirect cost in a large retail sales store when assigning costs to a particular department would be the electricity bill for the entire store. Employee salaries, cost of goods sold, and advertising expenses for the department would be classified as direct costs.

Explanation:

An indirect cost in a large retail sales store when assigning costs to a particular department would be the electricity bill for the entire store. Indirect costs are expenses that cannot be directly attributed to a specific department or product. Employee salaries of the department, cost of goods sold for the department, and advertising expenses for the department would be classified as direct costs as they are directly related to the department in question.

Learn more about Indirect costs here:

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What future IT capability needs (both physical and human) could the organisation have with respect to document design and production within the next 2–5 years? Identify at least one source of external advice or information you have used to help you make this evaluation.

Answers

Answer:

22222

Explanation:

David, an Alabama resident, files a suit in an Alabama court against QuickAds, an Internet company based in Georgia that provides advertising services.QuickAds only contact with persons in Alabama has been through QuickAds's passive advertising. The Alabama court is A. likely to have jurisdiction over the case.B. not likely to have jurisdiction over the case.C. likely to refer the case to a higher district court.D. likely to refer the case to an appellate court.

Answers

Answer:

B. Not likely to have jurisdiction over the case is the correct answer.

Explanation:

In the US, A state court can have jurisdiction over the case in which there is some connection to the state. The majority of civil and criminal cases are handled by the state courts. State courts apply state laws to decide cases. They are common law cases. The state's constitution and legislation's are binding on them, if the need arises they also take the federal court into account. The decisions of the lower courts can be challenged in high courts.

The following data is available for Metlock, Inc. at December 31, 2020: Common stock, par $10 (authorized 26000 shares) $234000 Treasury stock (at cost $15 per share) $1200 Based on the data, how many shares of common stock are outstanding?

Answers

Answer:

23,400 shares

Explanation:

The total number of authorized shares is 26,000, but that doesn't mean that all these shares have been issued or are outstanding. The total number of shares issued = shares outstanding + treasury stock.

Since the shares must be recorded at par value in the common stock account, we need to divide the total value of the account by the par value of each share = $234,000 / $10 = 23,400 shares

Marketing entails an exchange. A) True B) False

Answers

Answer: B) False

Explanation: The reason why is because marketing means buying.

What is form utility and what is place utility

Answers

Answer:

Explanation:

Form utility can be defined as the process of utilizing the raw material for the preparation of finished goods. The manufacturing companies takes a huge effort to assemble all components to develop a product. Place utility reflects how the products are presented in front of customers through using media, advertisement and other marketing strategies.

Form

Form refers to the product or service you offer your customers. Your marketing team carries out research into customer needs to develop a specification for a product or service. Your product development team can then develop a product or service that meets customers’ needs and provides your customers with important business benefits such as lower costs, improved productivity, easier installation or stronger competitive advantage. Your marketing team is creating utility by transforming customers’ needs into product or services that deliver added value.

Place

The utility of place refers to the availability of a product or service in a location that is convenient to your customers. In business marketing, place can refer to the convenience of your distribution channels or direct sales operations. By improving the utility of place, you are ensuring that your customers will find it convenient to buy your product. If you market services, you can improve utility for your customers by developing self-service facilities on your website, for example. Customers can find answers to straightforward technical problems or post questions on a forum where your team or other customers can provide answers

Other Questions

Tori Inc. has some material that originally cost $72,000. The material has a scrap value of $31,900 as is, but if reworked at a cost of $2,300, it could be sold for $32,600. What would be the incremental effect on the company's overall profit of reworking and selling the material rather than selling it as scrap?

(Dividend policies) Final earnings estimates for Chilean Health Spa & Fitness Center have been prepared for the CFO of the company and are shown in the following table: BE. The firm has 7,700,000 shares of common stock outstanding.As assistant to the CFO, you are asked to determine the yearly dividend per share to be paid depending on the following possible policiesa.A stable dollar dividend targeted at 50 percent of earnings over a 5-year period.b.A small, regular dividend of $0.70 per share plus a year-end extra when the profits in any year exceed $21,000,000.

Which of the following steps of the strategy development process for exports involves performing market research and interpreting results obtained from the research?a. identification of a potential marketb. match the needs of the market to the company's abilitiesc. initiation of meetingsd. commitment of resources

Match the departments with task that they perform in the fulfillment process. Sales Accounting Warehouse A. Prepares and sends the shipment B. Prepares and sends the quotation C. Prepares and sends the invoice