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2 years ago

Discuss what sources of factual information would be most beneficial for the following areas of practice:

Business

1 answer:

schepotkina [342]2 years ago

7 0

Answer:

The answer is stated below:

Explanation:

Sources of the factual information in the following areas of the practice are as:

A practice of family law need or require a records of the marriage or a divorce, visitations created by court, child custody agreement and records of the adoption. The clients of the practice could be asked for the information.

This practice of law dealt with the study of how the directors, stakeholders, shareholders, employees and the consumers interact with each other and with the environment. Under this practice, it looks for the records of the bank transaction.

This law practice would benefit or provide advantage from the records of the medical, any statement of witness, records of disability and the records for the equipment maintenance if required.

Under this practice, the statements of banks, real estate listing, IRS records and credit agencies would be advantageous sources of the information.

Under this practice, it involve the powers of attorney, deeds documents, mortgages, grants, transfers and wills which are pertaining to bankruptcy.

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Carryon Company sells a product and a 12-month service package for that for a combined price of $800. Separately, the product an

anzhelika [568]

The part of the combined price allocated to the product is less than 50% which might be around 35-40%.

<u>Explanation:</u>

Since the price of the product all alone is $450 and the price of the service alone is $550, so the combined amount totals up to be nothing less than $1000. But the company under the discount and offer, offers the both things combined for $800.

This shows that the company is under some loss which it has to incur. The loss is of $200 under the discount to be offered to the clients which serves as the incentive to the customers.

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2 years ago

To produce espressos, a coffee shop has fixed costs of 200 dollars each day and variable costs of one dollar per espresso. The n

aleksandr82 [10.1K]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation

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7 0

1 year ago

St. Augustine Corporation originally budgeted for $360,000 of fixed overhead at 100% of normal production capacity. Production w

Ksju [112]

Answer:

$9,000 unfavorable

Explanation:

The computation of the total fixed overhead variance is shown below:

= Actual fixed overhead costs - Budgeted fixed overhead

where,

Budgeted fixed overhead is $360,000

And, the Actual fixed overhead cost is computed below:

= Actual fixed overhead × Actual production ÷ budgeted production

= $360,000 × 11,700 units ÷ 12,000 units

= $351,000

Now put these values to the above formula

So, the value would equal to

= $351,000 - $360,000

= $9,000 unfavorable

5 0

1 year ago

Merck & Company reported the following from its 2016 financial statements. $ millions 2013 2014 2015 2016 Accounts receivabl

kherson [118]

Answer:

a. Compute accounts receivable gross for each year.

2013 $7,330
2014 $6,779
2015 $6,649
2016 $7,213

b. Determine the percentage of allowance to gross account receivables for each year.

2013 1.99%
2014 2.26%
2015 2.48%
2016 2.70%

c. 2013 2014 2015 2016

adjusted allowance for $173 $160 $157 $170

doubtful accounts

Balance sheet adjustments:

allowance for doubtful accounts $27 $7 -$8 -$25

accounts receivable net $7,157 $6,633 $6,476 $6,993

deferred tax liability -$9.45 -$2.45 $2.8 $8.75

retained earnings $9.45 $2.45 -$2.8 -$8.75

Income statement adjustments:

bad debt expense $27 $7 -$8 -$25

income tax expense -$9.45 -$2.45 $2.8 $8.75

net income $9.45 $2.45 -$2.8 -$8.75

Explanation:

2013 2014 2015 2016

Accounts receivable, net $7,184 $6,626 $6,484 $7,018

Allowance for doubtful accounts $146 $153 $165 $195

four year average of allowance for doubtful accounts = (1.99 + 2.26 + 2.48 + 2.7) / 4 = 2.36%

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2 years ago

Liza is preparing a memo to her employees that explains the new procedure for asking for time off and switching shifts with anot

ipn [44]

She’s making sure that effective communication is in there as a characteristics of a good communication. Effective communication skills are a desirable workplace skill. Communication is the exchange of information. Synchronous communication is a communication that occurs when the sender and receiver are communicating at the same time while asynchronous communication is a communication that occurs when the sender and receiver are separated by time and/or place.

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2 years ago