Blue spruce company established a petty cash fund on may 1, cashing a check for $110. the company reimbursed the fund on june 1 and july 1 with the following results. june 1: cash in fund $3.45. receipts: delivery expense $29.20, postage expense $37.75, and miscellaneous expense $37.60. july 1: cash in fund $3.55. receipts: delivery expense $19.80, entertainment expense $49.25, and miscellaneous expense $37.40. on july 10, blue spruce increased the fund from $110 to $140.

One of the benefits of a well designed ergonomic work environment is low operating costs is true or false

Garcia industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. the industry average dso is 27 days, based on a 365-day year. if the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant? a. $241.45b. $254.16c. $267.54d. $281.62e. $296.44

scenario: hawaii and south carolina are trading partners. hawaii has an absolute advantage in the production of both coffee and tea. the opportunity cost of producing 1 pound of tea in hawaii is 2 pounds of coffee, and the opportunity cost of producing 1 pound of tea in south carolina is 1/3 pound of coffee. which of the following statements is true? a. south carolina should specialize in the production of both tea and coffee. b. hawaii should specialize in the production of tea, whereas south carolina should specialize in the production of coffee. c. hawaii should specialize in the production of coffee, whereas south carolina should specialize in the production of tea. d. hawaii should specialize in the production of both tea and coffee.