Answer: Option (C) is correct.
Explanation:
Total current assets = $658,000
Current Assets = total current assets - purchased equipment - salaries paid + Borrowings
= $658,000 - $2000 - $560 + $80000
= $735,440
Total current liabilities = $365,000
Working Capital of James as on December 31, 2013:
= Current Assets - Current Liabilities
= $735,440 - $365,000
= $370,440
Answer:
The correct answer is (A)
Explanation:
Nike and Adidas are considered as substitute goods that means they have positive cross elasticity of demand. When the price of Nike soccer balls fell, Rolando purchased more Nike balls compared to Adidas balls because of the substitution effect. The substitution effect led to this decision. A substitute effect is a change in the purchase decision, due to an increase in the price of one substitute good.
Answer:
<em>The correct answer is:</em> the organization emphasizes long-term employment.
Explanation:
An inert organizational culture is one that does not seek to adapt to new work processes and trends whose objective is to innovate and facilitate work and processes.
They are usually organizations whose culture is focused on more inflexible and rigid internal policies, whose focus is on the establishment of processes and does not focus on the relationships and integration of workers.
This type of organization focuses on long-term employment, which can culminate in the lack of innovation in personnel, ideas, processes and the improvement of total quality.
Answer:
Main route:
Smelting --> Rolling --> Converting --> Sheared Sheet
Secondary route -->
Smelting --> Rolling --> rolled sheet
1) Smelting trasnferred materials into Rolling
2) It will be part of that department work in process inventory
"WIP SConverting debit then factorty overhead credit"
Later it will be transferred out as a complete process therefore,
Finished good Inventory - Shared sheet
3) the Smelting department transfer the entire of his output into Rolling department
4) the finished good will become cost of good solg once they are sold.
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Explanation:
We have to read he description of how the processing system works and check to whichdeparmtent are the goods being transferred or sold.
