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Alenkinab [10]
2 years ago
5

2. Joe, a bartender, is typically “over” in his cash drawer by two or three dollars each shift. In the past, you have always tho

ught that it is “better to be over than to be short” and have not worried about it. However, after reviewing chapter 12, you recognize that there might be a problem.
Why could this be a problem? What would you do?
Business
1 answer:
ZanzabumX [31]2 years ago
3 0

Answer:

It will add up.

Explanation:

Money adds up very fast.

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Mercury Company reports depreciation expense of $40,000 for Year 2. Also, equipment costing $150,000 was sold for its book value
shutvik [7]

Answer:

Mercury Company

Sale of Equipment account:

Equipment           $150,000

Acc. Depreciation   112,000

Book value            $38,000

Cash received      $38,000

Explanation:

a) Data and Calculations:

Equipment Account:

Beginning balance $750,000

Ending balance        600,000

Sale of equipment $150,000

Accumulated Depreciation - Equipment account:

Beginning balance     $500,000

Depreciation expense    40,000

Ending balance             428,000

Sale of Equipment       $112,000

b) The Cash received from the sale of Mercury Company's equipment is equal to the book value in Year 2 according to the question.  Since the book value (value after accumulated depreciation) is $38,000, that means that the equipment was sold at $38,000 recording no profit or loss for the company on the sale.

3 0
2 years ago
Peter Simmons owns a specialized computer software company. Although Peter's software designers and programmers are very good, i
masya89 [10]

Answer:

A. lengthy product development cycles

Explanation:

The product development cycle refers to the length of time that it takes a producer to create a product. This is different based on each company and the product that they sell. For computer software companies, the product development cycle can be quite long, as the products are very complex and require the work of many people. This cost should be taken into account when discussing funding or financing.

5 0
2 years ago
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Which best compares and contrasts Business Financial Management and Insurance Services?
Nikolay [14]
I believe the answer is A.) <span>Both jobs require workers to have math skills for calculating risk, while Business Financial Management also requires workers to understand advanced mathematic calculations.
But I'm not 100% positive. Hope this helps! :)</span>
3 0
2 years ago
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A trade surplus is _____. A. rarely a result of supply and demand B. an increase in the value of a currency C. the result of a n
Dvinal [7]
A trade surplus is C) the result of exporting more goods than it imports
Mark me as brainliest if I helped!
Hope I did:)
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2 years ago
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Joe and Debra are deeply interested in the well-being of the cocoa farmers they buy from. Imagine that they were thinking about
julia-pushkina [17]

Answer: Theo Chocolate would probably benefit from such a program because the employees who participate will have greater cross-cultural awareness.

Explanation:

The global service program would be beneficial to Theo chocolates as the workers would have the opportunity to learn about new cultures as they get to interact with farmers from the villages where the cocoa is being farmed. This would make the workers at Theo chocolates to have a high level of cross-cultural awareness.

3 0
2 years ago
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