BUSINESS HIGH SCHOOL

Ursula Company's bookkeeper records revenue relating to a customer transaction. This indicates that the company:

A) signed a contract with a customer.
B) received a cash payment from a customer.
C) provided goods or services to a customer.

Answers

Answer 1
Answer:

Answer:

C. Provided goods or services to a customer.

Explanation:

Book keeping is the act of recording financial transactions of a business on a day to day basis. The purpose is to keep concise and up-to-date record of the financial transactions.

Book keeping helps in analyzing finances, assist in planning and aids better decision making.

When revenue is recorded relating to a customer's transaction, it means that the company involved has provided goods or services to a customer. The recorded transaction is a proof of services provided and evidence that the transaction passed through the company's records.

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Your cousin has just graduated from college and is starting her search for an apartment to rent. What are three steps you think she should take during her search?

List price is another term for A retail price
B wholesale price
C discount price
D net price

Answers

A is another word for the lost price ussualy

What represents the value of the second-best alternative that a person gives up when making a choice?A.marginal spending
B.marginal benefit
C.opportunity cost
D.marginal cost

Answers

Opportunity cost represents the value of the second-best alternative that a person gives up when making a choice. Correct answer: C

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Bramble Corp. sells $1800 of merchandise on account to Flounder Company with credit terms of 2/12, n/30. If Flounder Company remits a check taking advantage of the discount offered, what is the amount of Flounder Company's check

Answers

Answer:

The amount of Flounder check would be $ 6,964

Explanation:

The amount of the check would be the selling amount deduct the discount amount (which came from the selling amount of discount percentage).

The amount of Flounder check is computed as:

Amount = Selling amount × Percentage

where

Selling amount is $1,800

Percentage is as:

Percentage = 100% - Discount

where

Discount is 2%

So,

Percentage = 100% - 2%

= 98%

Putting the values above:

Amount = $1,800 × 98%

Amount = $6,964

On its december 31, 2017, balance sheet, calgary industries reports equipment of $370,000 and accumulated depreciation of $74,000. during 2018, the company plans to purchase additional equipment costing $80,000 and expects depreciation expense of $30,000. additionally, it plans to dispose of equipment that originally cost $42,000 and had accumulated depreciation of $5,600. the balances for equipment and accumulated depreciation, respectively, on the december 31, 2018 budgeted balance sheet are:

Answers

Equipment as on 1st Jan,2018 370000

Add: Equipment Purchased 80000

Less: Equipment Sold (42000)

Equipment Balance as on 31st Dec,2018 $408000

Accumulated Depreciation as on 1st Jan 74000

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Less: Depreciation of asset sold (5600)

Accumulated Depreciation as on 31st Dec,18 98400

An example of technological change is A. being able to produce the same output using fewer inputs. B. being able to produce more output using the same inputs. C. a decline in the quantity of output that can be produced from a given quantity of inputs. D. both a and b. E. all of the above.

Answers

Answer:

The correct answer is option E.

Explanation:

Technological change implies a change in the level of technology. It can be both positive as well as negative. Positive technological change is called improvement or up-gradation in technology.  

Technological improvement will help to produce the same level of output using fewer inputs or to produce more output using the same inputs.

A negative change in technology is called degradation in technology. It will cause a decline in the quantity of output that can be produced from a given quantity of inputs.

Final answer:

Technological change, being able to produce the same output using fewer inputs and producing more output using the same inputs, is best represented by both options A and B.

Explanation:

An example of technological change is indeed both A. being able to produce the same output using fewer inputs, and B. being able to produce more output using the same inputs. Technological change refers to the process by which businesses evolve their production processes via the application of technology. This might mean using an upgraded software to automate data entry, hence saving inputs, or leveraging a new machinery that increases the volume of output without requiring more inputs. Therefore, the correct answer is D. Both A and B.

Learn more about technological change here:

brainly.com/question/10687430

#SPJ6

Benet Division of United Refinery Company's operating results include: controllable margin, $200,000; sales $2,200,000; and operating assets, $800,000. The Benet Division's ROI is 25%. Management is considering a project with sales of $100,000, variable expenses of $60,000, fixed costs of $40,000; and an asset investment of $150,000. Should management accept this new project?

Answers

Answer:

No

Explanation:

As we know that

Return on investment = Net income ÷ Investment

where,

Net income is

= Sales - variable expense - fixed cost

= $100,000 - $60,000 - $40,000

= $0

And, the asset investment is $150,000

So, the return on investment is

= $0 ÷ $150,000

= 0%

The required return on investment is 25%

So, the  new project should not be accepted as the return on investment is 0%
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