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Vladimir79 [104]
2 years ago
15

Bargain Bob’s auto dealership sells vehicles. He sells Chrysler, Jeep, and Dodge brand vehicles. He tracks the customer and make

for each vehicle. Bob only keeps track of the original purchaser, which can only be a single individual.Based on the description above, what is the maximum cardinality between each instance of "Customer" and "Vehicle?"
Business
1 answer:
MissTica2 years ago
6 0

<u>Answer:</u>

<em>It is a Department of </em><em>Health and Human Services (HHS)</em><em> need to decrease securing authoritative expenses and grow long haul, commonly advantageous associations with top tier </em><em>suppliers of items and administrations. </em>

<u>Explanation:</u>

To do this, HHS executed the HHS Smarter Buying Program. The HHS Smarter Buying Program joins the General Services Administration (GSA) Federal Strategic Sourcing Initiative (FSSI) answers for make a gathering of HHS and GSA Blanket Purchase Agreements (BPAs) and agreements to encourage the acquisition of explicit items and administrations.

It includes Category Management for regular business things and administrations crosswise over HHS with the objective of setting aside cash and improving the effectiveness of the procurement procedure.

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I'm having a difficult time with my accounting workbook. I post the adjusting entries, but my balance sheet never equalizes. Can
Marta_Voda [28]

Answer:

PEYTON APPROVED

TRIAL BALANCE

As of December 31, 2017

                                        Unadjusted           Adjusting          Adjusted

                                      Trial balance             Entries         Trial balance

                                   Dr                Cr  ref   Dr         Cr  ref   Dr            Cr

Cash                          67,520.04           3   1,000              68,520.04

Accounts Receivable 68,519.91                                         68,519.91

Other Receivable -

Insurance Baking

 Supplies                  15,506.70                                         15,506.70

Merchandise

 Inventory                  1,238.07             1  3,175             1     4,413.07

Consignment

 Inventory                                            2   200             2      200

Prepaid Rent             2,114.55                                             2,114.55

Prepaid Insurance    2,114.55                                             2,114.55

Misc. Supplies             170.49                                               170.49

Baking Equipment 14,000.00              4  2,000          4 12,000.00

Accumulated Depreciation   1,606.44 4                      4                    406.44

Customer Deposit

- Accounts Payable            20,262.11                                           20,262.11

Wages Payable                     3,383.28                                            3,383.28

Interest Payable                        211.46                                                211.46

Notes Payable                     5,000.00                                           5,000.00

Common Stock                 20,000.00                                        20,000.00

Beginning Retained

 earnings                           50,144.84                                          50,144.84

Dividends                        105,000.00                                       105,000.00

Bakery Sales                   327,322.55                                      327,322.55

Merchandise Sales              1,205.64                                           1,205.64

Cost of Goods

Sold - Baked 105,834.29                                         105,834.29

Cost of Goods

Sold -

 Merchandise    859.77                                                 859.77

Rent Exp.       24,549.19                                            24,549.19

Wages Exp.   10,670.72                                             10,670.72

Misc. Supplies

 Expense       3,000.46                                              3,000.46

Business

License

Expense       2,045.77                                               2,045.77

Misc.

 Expense      1,363.84                                                1,363.84

Depreciation

 Expense        677.86                                                  677.86

Insurance

 Expense      1,091.08                                                1,091.08

Advertising

Expense     1,549.74                                                 1,549.74

Interest

 Expense       818.31                                                     818.31

Telephone

Expense      490.98                                                   490.98

Gain/Loss on

disposal of equipment 429,136.32 429,136.32 - - 429,136.32 429,136.32

Explanation:

a) Data and Calculations:

PEYTON APPROVED

TRIAL BALANCE

As of December 31, 2017

Unadjusted trial balance Adjusting entries Adjusted trial balance

Dr Cr ref Dr Cr ref Dr Cr

Cash 67,520.04 67,520.04

Accounts Receivable 68,519.91 68,519.91

Other Receivable - Insurance Baking Supplies 15,506.70 15,506.70

Merchandise Inventory 1,238.07 1,238.07

Consignment Inventory Prepaid Rent 2,114.55 2,114.55

Prepaid Insurance 2,114.55 2,114.55

Misc. Supplies 170.49 170.49

Baking Equipment 14,000.00 14,000.00

Accumulated Depreciation 1,606.44 1,606.44

Customer Deposit - Accounts Payable 20,262.11 20,262.11

Wages Payable 3,383.28 3,383.28

Interest Payable 211.46 211.46

Notes Payable 5,000.00 5,000.00

Common Stock 20,000.00 20,000.00

Beginning Retained earnings 50,144.84 50,144.84

Dividends 105,000.00 105,000.00

Bakery Sales 327,322.55 327,322.55

Merchandise Sales 1,205.64 1,205.64

Cost of Goods Sold - Baked 105,834.29 105,834.29

Cost of Goods Sold - Merchandise 859.77 859.77

Rent Expense 24,549.19 24,549.19

Wages Expense 10,670.72 10,670.72

Misc. Supplies Expense 3,000.46 3,000.46

Business License Expense 2,045.77 2,045.77

Misc. Expense 1,363.84 1,363.84

Depreciation Expense 677.86 677.86

Insurance Expense 1,091.08 1,091.08

Advertising Expense 1,549.74 1,549.74

Interest Expense 818.31 818.31

Telephone Expense 490.98 490.98

Gain/Loss on disposal of equipment 429,136.32 429,136.32 - - 429,136.32 429,136.32

b) The adjustments are made in the Adjusting entries column and referenced accordingly, while the effect is reflected in the adjusted trial balance column.

3 0
2 years ago
Helpful team members strive to resolve differences and encourage a warm, supportive climate by praising and agreeing with others
Salsk061 [2.6K]

Answer:

The statement is: True.

Explanation:

<em>Helpful team members</em> are those who take advantage of their expertise to help the team achieve its goals faster or at least at the expected time. More than troublemakers they are problem solvers. Helpful team members act proactively, tend do be charismatic and enthusiastic, and motivate others to continue working towards a common goal.

7 0
2 years ago
Lacy, Inc., produces a subassembly used in the production of hydraulic cylinders. The subassemblies are produced in three depart
meriva

Answer:(1)unit to be accounted for $730,000 (2) Equivalent unit of production Direct Materials $750,000, conversion cost $742,800 (3) unit cost for Direct materials $8, unit conversion cost $1.39 Total manufacturing cost $7,838,400 (4)unit accounted for $730,000, cost assigned to unit in ending inventory $12,800,journal entry Dr: work in process plate cutting $7,838,400, Cr: Work in process welding $7,838,400

Explanation:

(1) Physical flow schedule

Unit to be accounted for

Beginning work in process 750,000

---------------

Total unit accounted for. 750,000

Less: Ending inventory. 20,000

--------------

Unit accounted for transfer out. 730,000

(2)

Direct Materials. Conversion cost

Transfer out 730,000. 730,000

WIP(20,000 * 100%) 20,000

(20,000 * 64%) 12,800

-------------- -------------

750,000. 742,800

---------------- --------------------

(3) Unit cost of production

Unit Direct Materials Cost = Total material cost / Equivalent cost

= 6,000,000 / 750,000

= $8

Unit conversion cost = unit conversion cost / Equivalent unit of conversion cost

Unit conversion cost = Direct Labour + Cost of inspection

= 732,000 + 299,200

= 1,031,200 / 742,800

= 1.388

= $1.39

Total manufacturing cost

Direct Materials 6,000,000

Add:Purchases. 800,000

Add:Direct labour. 732,000

-----------------

Prime cost. 7,532,000

Add: Overhead. 299,200

Add: Beginning work in process 20,000

Less: Ending work in process. 12,800

---------------

Total manufacturing cost. 7,838,400

-----------------

(4) Unit accounted for transfer out = $730,000

Cost assigned to unit in ending inventory = $12,800

Journal entry

Dr: work in process plate cutting $7,838,400

Cr: Work in process welding $7,838,400

8 0
2 years ago
A production manager is responsible for a production budget and can potentially earn an additional bonus for minimising producti
sp2606 [1]

Answer:

The pro side of not listing the 10% would be that until the price reduction becomes official it could be considered just a rumor. The unethical argument for keeping the knowledge that will drop 10% is that the production manager kept from his boss the knowledge that a possible impending reduction could save the company money.

5 0
2 years ago
Mountain Top Markets has total assets of $48,700, net working capital of $1,100, and retained earnings of $21,200. The firm has
spin [16.1K]

Answer: 2.63

Explanation:

The Market to Book ratio is also referred to as the price to book ratio. It is a financial evaluation of the market value of a company relative to its book value. It should be noted that the market value is current stock price of every outstanding shares that the company has while the book value is the amount that the company will have left after its assets have been liquidated and all liabilities have been repaid.

The market-to-book ratio will be the market price per share divided by the book value. It should be noted that the book value per share is the net worth of the business divided by the number of outstanding shares. The book value will be:

= [(12500 ×1) + $21200]/12500

= ($12500 + $21200)/$12500

= $33700/12500

=$2.70

The market-to-book ratio will now be:

= $7.10/$2.70

=2.63

6 0
2 years ago
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