Answer:
4) C) software that requires a high annual subscription whether you want the updates or not
Explanation:
Raven can communicate the new company mission statement & goals, as well as the new department goals and action plans to employees through:
- a visual aid at the employee meeting
- a update mission statement and goals document.
<h3>
What is a mission statement?</h3>
This is the document that outlines the overall purpose of an organisation and its reason for existing.
It contains the concise explanation of the organization's reason for existence, purpose and its overall intention. It is structured to supports the vision and serves to communicate purpose and direction to employees, customers, vendors and other stakeholder
However, Raven can communicate the new company mission statement & goals, as well as the new department goals and action plans to employees through a visual aid at the employee meeting and a update mission statement and goals document.
Missing words "How can Raven communicate the new company mission statement and goals, as well as the new department goals and action plans to employees? Provide at least two specific examples of actions she can take."
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Revenue = $752,800
Cost of goods sold = $301,800
To solve for the gross profit:
Gross profit = revenue - cost of goods sold
Gross profit = $752,800 - $301,800
Gross profit = $451,000
The gross profit shows the profits a company has after taking their costs to make the product and subtract them from the sales they had.
Answer:
Bloomington Inc.
Indication of Liability Amount on the Balance Sheet at December 31, 2019:
Situation Liability Amount
a. $220,000
b. $0
c. $3,100
d. $0
Explanation:
For Bloomington to recognize a liability or record it in its financial statements, the probability that an outflow of economic resources will occur in the future must be established. Bloomington must also be able to reliably measure the amount of the liability. These two conditions are satisfied in situations A and C. For situation B, the contract is not in force as at December 31, 2019, since the drill press will be purchased in January, 2020. Lastly, for situation D, the amount of the profit-sharing bonus cannot be reasonably and reliably ascertained because the amount to apply the 5% is not clear or known.
