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exis [7]
1 year ago
10

Kanska, an application development firm, received a contract to develop a mobile application for a company. The brief mentioned

that the application should enable employees to share up to 30 files at a time from anywhere within the company. After delivering the application, the client informed Kanska that its employees were not able to share more than 20 files at a time. After analyzing the situation, Kanska replied that the application could only transfer files with a total size of up to 2 gigabytes. The application was built with regard to the number of files that can be sent and not built according to the size of each file. In this scenario, it is likely that the client faced the issues with the application because the information it provided to Kanska was _____.
Business
1 answer:
Serjik [45]1 year ago
3 0

Answer:

The information provided to Kanska was insufficient.

Explanation:

The onus was on the company to provide all the necessary information for Kanska to work with.

An application development firm only creates applications based on the requirements gathered from clients and if clients don't divulge all necessary information, there is bound to be dissatisfaction in service when the mobile application is provided.

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Kwan wants to open a new business in his own country, Singapore. He has decided on a form of licensing that will provide him wit
Sidana [21]

Answer:

A

Explanation:

Direct sales

3 0
1 year ago
Schrute Farm Sales buys portable generators for $470 and sells them for $720 He pays a sales commission of 5% of sales revenue t
ad-work [718]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Schrute Farm Sales buys portable generators for $470 and sells them for $720 He pays a sales commission of 5% of sales revenue to his sales staff. Mr. Schrute pays $7,000 a month rent for his store and also pays $1,700 a month to his staff in addition to the commissions. Mr. Schrute sold 500 generators in June.

Revenue= 720*500= $360,000

Cost of goods sold= 470*500= 235,000 (-)

Sales commision= 0.05*360,000= 18,000 (-)

Contribution Margin= 107,000

Rent= 7,000 (-)

Fixed sales comission= 1,700 (-)

Operating income= $98,300

8 0
1 year ago
Spartan Corporation, a U.S. corporation, reported $2 million of pretax income from its business operations in Spartania, which w
AVprozaik [17]

Answer:

A. = (15% X $2M) + (21% X $2M) = $720,000. Since there is no mechanism for mitigating double taxation, the branch profit will be taxed on the to tax rate of 15% and 21% which is $300,000 and $420,000.

B. The total tax for $2m branch profit if US corporations can remove foreign based profit from US taxation will be just the 15% x $2m = $300,000.

C.If they are allowed to take deductions for foreign income taxes, the total tax on the $2m branch profit will be (21% -15%) x $2m = $120,000.

Explanation:

D.1. If credit are allowed for foreign income tax paid, total tax will be ($2m - $300,000 been foreign tax paid) x 21% = $357,000

D.2.

If the charge foreign income taxes at 30% and US corporations can claim refundable credit for foreign income tax paid on foreign source income = ($2m - $300,000 been the foreign income tax paid) = $1 700,000 x 30% = $510,000

6 0
1 year ago
Brief Exercise 8-5 Blossom Company uses the percentage-of-receivables basis to record bad debt expense and concludes that 4% of
Delicious77 [7]

Answer:

The adjusting journal entry to record bad debt expense for the year:

Debit Bad debts expense $13,831

Credit Allowance for doubtful accounts  $13,831

Explanation:

Blossom Company uses the percentage-of-receivables basis to record bad debt expense.

At the end of the year, Accounts receivable are $419,300 and 4% of accounts receivable will become uncollectible.

Estimated uncollectible = $419,300 x 4% = $16,772

Before adjusting, the allowance for doubtful accounts has a credit balance of $2,941.

Bad debts expense = $16,772 - $2,941 = $13,831

The adjusting journal entry:

Debit Bad debts expense $13,831

Credit Allowance for doubtful accounts  $13,831

3 0
2 years ago
Match the correct economic terms to their descriptions.
Troyanec [42]

Answer:

monetary policy, Federal reserve’s tool to influence the money supply in the economy

factor market,  A market where firms buy services related to production

product market, A market where finished goods and services are traded

fiscal policy, Federal government’s way to influence the economy through taxes

Explanation: I looked up the deffinitions, because the other answers did not seem right to me.

8 0
1 year ago
Read 2 more answers
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