During July 2019, Midtown Catering recorded the following:
Catering services of $86,400 were provided ($64,500 on account, $21,900 for cash)
Collections on account, $58,950
Write-offs of uncollectible receivables, $2,560
Recovery of receivable previously written off, $1,000
Journalize Midtown's transactions during July, assuming Midtown uses the allowance method. Omit explanations.
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Explain briefly the ABC analysis method for analyzing merchandise management performance.
What will be an ideal response?
When a company becomes global, it is governed by
a. home country laws and host country laws. b. home country laws. c. host country laws. d. The Act of State Doctrine.
Sodexo distributes food to restaurants, health-care facilities, hotels, and schools, among other businesses. What type of targeting strategy would it most likely adopt?
A. Differentiated B. Concentrated C. Multifaceted D. Undifferentiated E. Cluster
As the Assistant Human Resources Manager, you have access to the employment files of all of the employees, including management. You have inadvertently learned that the Vice President of Sales has tested positive for the HIV virus. You know that he is married, but doubt that he's told his wife. What should you do?
a. call his wife, and tell her that you regret you must give her some bad news; then, simply tell her b. call his wife, but ask to come and see her in person; this is not the sort of news that one should deliver by telephone c. talk to the Human Resources Manager, and ask her advice d. nothing