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Allisa [31]
2 years ago
15

You are a student with a demanding schedule of classes. You also work part time and your supervisor allows you to determine your

schedule. In this situation, your scarce resource is time . In this situation, you will work: enough to earn some money but not too much to jeopardize your grades. very little so you can enjoy school. enough hours to get the money to pay for school. as much as your boss demands and hope your grades do not suffer.
Business
1 answer:
grin007 [14]2 years ago
3 0

Answer:

enough to earn some money but not too much to jeopardize your grades

Explanation:

Since your scarce resource is time you need to create a balance between all the tasks, so much so that you are able to benefit from all of the tasks but not substitute one for another. Therefore in this situation, you will work enough to earn some money but not too much to jeopardize your grades. That way you are able to make money to pay for most (if not all) of your expenses but at the same time, you are still making sure you are benefiting from school and not wasting your time in school by not being able to graduate.

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A review of the personal selling process indicates that selling is:
MArishka [77]

Answer:

d. a matter of establishing relationships.

Explanation:

Selling involves creating a relationship with the prospect.

The sales relationship has the short-term value you get from the customer.

There is also the long-term life-time value of the customer to be considered.

Sales based on referrals are the easiest to obtain and give best value.

Good relationships give rise to refrrals.

7 0
2 years ago
During the year, Kiner Company made an entry to write off a $16,000 uncollectible account. Before this entry was made, the balan
Eduardwww [97]

Answer:

The correct option is B,$198,000

Explanation:

The balance in allowance for uncollectible accounts was standing at $18,000 and it was decided to write-off $16,000 off  the this existing balance,which implies that the balance left in the allowance for uncollectible  account to set off against accounts receivable is $2,000($18,000-$16,000).

Invariably,the net realizable value of accounts receivable is $198,000($200,000- $2,000).

The correct option hence is B, $198,000

7 0
2 years ago
Management in Life Annabelle and Bettina share a dorm room. They like each other, but they disagree about how often to clean. Ev
Ganezh [65]

Answer:

A). Annabelle and Bettina will learn from each other .

B). The roommates will come up with a creative solution."

Explanation:

Anabelle and Bettina are involved in a 'cognitive' conflict as it occurs when they both experience a mental as well as emotional discomfort when they are confronted with the information that challenges their existing ideas or beliefs. The most likely outcomes of this situation would be that they <u>'both would learn from each other' by accepting each other's point of view and adapting with the new information that would help them 'reach a creative solution' to resolve their conflict over the cleaning of their room</u>. Therefore, <u>options A and B</u> are the correct answers.

8 0
2 years ago
On July 1, Year 1, Yellow Rose Corp. paid $25,000 cash for a machine and paid an additional 8% sales tax. On the same date, an e
Lina20 [59]

Answer:

Journal entries are given below

Explanation:

July 1, Year 1 (Yellow Rose Corp. purchased a machine)

                                            DEBIT      CREDIT

Machine                            $28,000  

Cash                                                     $28,000

Working

Cost of machine = Purchase price + Sales tax + Installation

Cost of machine =  $25,000 + $2,000 + $1,000

Cost of machine =   $28,000

Depreciation for year 1 (October to December)

                                                       DEBIT      CREDIT

Depreciation Expenses                $1,300  

Accumulated Depreciation                             $1,300

Working

Annual Depreciation expense = (Cost - salvage value) / useful life

Annual Depreciation expense = (28000 - 2000) / 5 = $5,200

Depreciation for 3 months

Depreciation = $5,200 x 3/12

Depreciation = $1300

Sale of the machine

                                                       DEBIT      CREDIT

Cash                                        $14,000  

Loss on Sale                                 $7,500  

Accumulated Depreciation         $6,500  

Machinery                                                       $28,000

Workng

Gain/Loss on sale = Sale proceed - carrying value

Gain/Loss on sale = 14,000 - 21,500

Loss on sale = $7,500

Carrying value = Cost - Accumulated depreciation

Carrying value = 28,000 - 6500 = 21500

Accumulated depreciation = $1,300 + $5,200 = $6,500

7 0
2 years ago
Cordell Inc. experienced the following events in 2018, its first year of operation:
olga_2 [115]

Answer:

Cordell Inc.

a. Events that result in revenue or expense recognition:

2. Performed services on account for $82,000.

5. Paid $53,000 cash for other operating expenses.

6. Performed services for $19,000 cash.

7. Recognized $3,500 of accrued utilities expense at the end of the year.

b. The amount of net income reported on the 2018 income statement:

$44,500

c. The events that affect the statement of cash flows:

1. Received $40,000 cash from the issue of common stock.

3. Paid a $6,000 cash dividend to the stockholders.

4. Collected $76,000 of the accounts receivable.

5. Paid $53,000 cash for other operating expenses.

6. Performed services for $19,000 cash.

d. The amount of cash flow from operating activities reported on the 2018 statement of cash flows:

$42,000

Explanation:

Data and Calculations:

a) Revenue

Event 2.  $82,000

Event 5.   (53,000)

Event 6.     19,000

Event 7.     (3,500)

b) Net Income $44,500

c) Cash flow from operating activities:

Event 4. Collection from Accounts Receivable $76,000

Event 5. Payment for operating expenses      ($53,000)

Event 6. Cash Receipts for services                  $19,000

d) Net Cash from operating activities               $42,000

6 0
2 years ago
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