Need help with this:
You're a large grocery store chain accountant with average monthly sales of about $135 million. It's the last day of the month and another department employee tells you about a $20 million in expense that your company hasn't been charged yet and tells you not to worry about it right now that you're busy. What and why are you going to do with this information?
As an accountant one should book the expenses for the month in the same month. the accountant should book the required $20 million as provision for the expense.
Dr expense
Cr. provision/expense payable
Need help with this: You're a large grocery store chain accountant with average monthly sales of...
You are an accountant for a large grocery store chain with average monthly sales of approximately $135M. It is the last day of the month and an employee from another department informs you of an expense for $20M that your company has not yet been billed for and tells you not to worry about it right now since you are busy. What will you do with this information and why?
2) (3 points) Fifty-five customers of a large-chain grocery store are asked to fill out an in-store survey. One of the questions on the survey asks about the use of coupons (yes or no), while another question asks how much money the customer spent on groceries during that specific trip. A store management hypothesizes that people that use coupons actually spend more money, on average. HO Ha Test Statistics
Final Project You work as a security administrator of a large department store chain or choose another large corporation of your choosing. You believe that there has been a breach in the VPN where an employee has stolen data using a personal laptop along with using the company assignment computer. You review the logs from the IDS, remote access systems, and, file servers and confirm this belief. Your employer wishes to gain access to the personal laptop used for the...
Questions: 1. What trends are happening as it relates to consumer retail purchases, online vs. in-store? 2. What challenges do traditional retailers face in trying to transition from in-store sales to online sales? 3. List and briefly describe at least three of the strategies that Target has implemented in its staffing system to better accommodate online sales. 4. What are the career implications of the trends described in this article? 5. From a consumer perspective, what are the relative advantages...
21. Suppose you are now a Founder and CEO of Rent the Dresses, Inc., an online rental site for premium dresses primarily for women. Because the business is a start-up, there is no accountant on the management team yet, so you have been doing the accounting. You notice that an average of 100,000 visitors come to your website, of which 60% browse through the website, 20% of them register and put at least one item in the shopping cart. One...
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dont need numbers , just budgets that they are going to need to
make
Think about your personal budget. How different do you think it is from a company budget? Understanding the different components outlined in a company budget, in addition to the order of completion, helps a business owner, professional, and/or student set reasonable and attainable goals. Budgeting is considered a benchmark document that is pertinent to setting goals and answering questions. Read the following scenario and complete...
Hello, I was wondering if you
help me with mine accounting problem, Exercise 2.2 page 43 in the
book Workplace Communication The Basics Canadian Edition.
EXERCİSES 43 In Exercises dify del, for Exercise 2.1 You're the assistant to the personnel manager of a metals fabrication plant. Monday is Labour Day, and most of the 300 employees will be given a paid holiday. The company is under pressure, however, to meet a deadline. Therefore, a skeleton force of 40-all in the...
need help with 18-22 marketing questions
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CASE 5 PANTRY MARKETS Pantry Markets is a medium-sized southeastern grocery chain head- quartered in Tampa, Florida. Sales for the chain have been growing at an average rate of 20% per annum; the chain opened four new stores last year. Although Mr. Carl Royal, president of Pantry Markets, is modest about his achievements, the grocery chain has been increas ingly recognized as a strong competitor in several markets. "In a nutshell," Mr. Royal says, "our marketing strategy over the years...
I really need help with my case study please The case study references IKEA Soenso’s Furniture Company THE SITUATION: You’ve recently been hired by a furniture manufacturer in Columbus, Ohio. Your title is “Logistics Manager” and your job, according to the owners, is to help them “…with this ‘logistics’ thing.” The owners, John and Jane Soenso, are industrial designers that met in school due to their love of designing modern furniture. Over the years they built furniture in their garage...