List an example of each of the following types of organization. Describe how each type of organization
Question:
a. Merchandising
b. Manufacturing
c. Service
d. Governmental
e. Nonprofit
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 68% (16 reviews)
a Merchandising organizations sell goods to customers for a profit The goods are obtained from other ...View the full answer
Answered By
GERALD KAMAU
non-plagiarism work, timely work and A++ work
4.40+
6+ Reviews
11+ Question Solved
Related Book For
Financial Accounting Information For Decisions
ISBN: 978-0324672701
6th Edition
Authors: Robert w Ingram, Thomas L Albright
Question Posted:
Students also viewed these Accounting questions
-
Describe the basic features of each of the following types of bonds: a. Floating rate bonds b. Original issue deep discount bonds c. Zero coupon bonds d. Extendable notes (put bonds)
-
Describe the basic business of each of the following types of financial companies. Then explain why the firm in parentheses would want to operate as part of a financial holding company, or as part of...
-
List the types of dispositions. Give an example of each and the tax treatment of each. Be detailed!( business tax)
-
Describe a setting (either real or fictitious) that you have been in where either your emotions or the emotions of someone else had more impact on what was being communicated than it should have had....
-
Refer to the information for Rosie-Lee Company below. Additional transactions were as follows: a. Sold equipment costing $21,600 with accumulated depreciation of $16,200 for $3,600. b. Issued bonds...
-
For the following problems, unless stated otherwise, you may assume that the cost of land, L, and the salvage value, S, of the plant are both zero. Repeat Problem 10.8 using a straight-line...
-
Show that for unpowered flight (for which the lift, drag, and weight forces are in equilibrium) the glide slope angle, \(\theta\), is given by \(\tan \theta=C_{D} / C_{L}\).
-
Transmissions are delivered to the fabrication line four at a time. It takes one hour for transmissions to be delivered. Approximately four vehicles are produced each hour, and management has decided...
-
Sultan Company uses an activity-based costing system. At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools: Activity Cost Pool...
-
Pop Corporation paid $1,680,000 for a 30 percent interest in Son Corporation's outstanding voting stock on January 1, 2016. The book values and fair values of Son's assets and liabilities on January...
-
How does the purpose of merchandising, manufacturing, and service companies differ? How do they each create value?
-
Sandy Dune overheard some friends from your accounting class discussing the transformation of resources. She is curious about what this term means and how it applies to organizations and accounting....
-
What are the four primary consumable arc-welding processes?
-
Legal & General, an insurance company, has the following stockholders equity account: Assuming that laws and regulators in the United Kingdom define legal capital solely as the par value of common...
-
What ethical dilemmas are involved with choosing not to conduct background checks?
-
Should you focus on providing timely placements or taking the extra time to complete background checks? Explain your answer.
-
Discuss the types of growth strategies that Starbucks has used. Be specific.
-
In what specific ways do stability and/or renewal strategies apply to Starbuckss in recent years?
-
A plane with a tail wind makes its 945-mile flight in 3 hours. The return flight against the wind takes a half hour longer. What is the wind speed?
-
3M Company reports the following financial statement amounts in its 10-K report: a. Compute the receivables, inventory, and PPE turnover ratios for both 2018 and 2017. (Receivables turnover and...
-
Two people have agreed to meet in a definite place between six and seven oclock. Their actual times of arrival are independent and entirely random (no arrival time more likely than any other) within...
-
Determine whether each description best refers to a sole proprietorship, partnership, corporation, or limited liability company. a. Micah and Nancy own Financial Services, which pays a business...
-
Refer to this chapters opening feature about Netflix. Assume that the owner decides to open a new company with an innovative mobile app devoted to microblogging for accountants and those learning...
-
Match each of the descriptions with the term or phrase it best reflects. A. Ethics B. Fraud triangle C. Prevention D. Internal controls E. Audit 1. Examines whether financial statements are prepared...
-
Problem 7-30 Holding Period Yield (LO2) The YTM on a bond is the interest rate you earn on your investment if interest rates don't change. If you actually sell the bond before it matures, your...
-
According to theknot.com, online dating is the most common way people meet their spouses today. This claim was based on a survey of 1,400 randomly selected recently married couples, with 266...
-
Miller's Hardware plans on saving $40,000, $50,000, and $58,000 at the end of each year for the next three years, respectively. How much will the firm have saved at the end of the three years if it...
Study smarter with the SolutionInn App