Answer:
During the period was collected $1.150
Explanation:
To calculate the total amount collected must be considered the initial balance of the Accounts Receivable then add the goods sold on account and finally must be deducted the final balance of the Accounts Receivable, that difference is the total amount collected in the period by the company.
Please see details bellow:
$380 Initial account balance
$1400 goods sold
($1.150) Collected Amount
$630 ending balance
Answer:
The total deductible amount of these expenditures is $450.
Explanation:
Half of any cost of meals and entertainment to which business discussion is associated and appropriate records kept is allowed to be deducted.
Since it is only tickets to the opera with a client following a business meeting that meet this condition, 50% of the total amount of $900 which is $450 is deductible.
Answer: Fujitsu Siemens Computers is a legally independent company of which Fujitsu and Siemens each own 50 percent. This collaboration is an example of a(n) JOINT VENTURE, which is effective at transferring KEY KNOWLEDGE.
Explanation: A joint venture is a kind of business formation which involves the coming together of two or more independent companies retaining their individual identities but functioning in some areas as one.
The companies involved in a joint venture come together to share key ideas used to improve each other and also funding.
Answer: The correct answers are "A. Accept" and "$ 0.01".
Explanation: Given that we talk about optimal strategy when maximizing the expected profit by the player:
In the first case It is convenient to accept the proposal and keep $ 0.12, instead of rejecting it and running out of nothing.
And in the second case it is convenient to give the classmate as little as possible so that he accepts and we have a greater profit.
Answer:
As per Sales Budget the budgeted sales for the quarter four are $240,000. Below is the Sales budget.
Explanation:
Scora, Inc.
Sales Budget
Month Budgeted Unit Sales Budegted Unit Price Budgeted Total Sales
(A) (B) (A*B)
January 1200 $50 $60,000
February 2000 $50 $100,000
March 1600 $50 $80,000
Total for the quarter 4800 $50 $240,000
Hence, it is concluded that the budgeted sales for the January, February, March are $240,000.