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2 years ago

Describe how you learn and adjust when an experience does not turn out as expected.

Business

1 answer:

yan [13]2 years ago

6 0

The best way to learn and adjust to a bad experience is to learn from it and try again.

<h3>What is a Learning Experience?</h3>

This refers to the circumstance or event that occurs that teaches one a (painful) lesson that would give him a better idea of dealing with similar events.

Hence, we can see that when a person has a bad experience, it is important to take the lessons and apply it, so that it would not occur again.

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The following information is available for Blossom Company for the year ended December 31, 2020. Beginning cash balance $ 47,610

soldier1979 [14.2K]

Answer:

<h2> Blossom Company</h2><h2> Statement of Cash Flows</h2>

December 31, 2020

Cash flow from operating activities

Net income $300,578

Adjustments to reconcile net income: $159,970

Depreciation expense $171,396
- Accounts receivable increase ($8,676)
- Inventory increase ($11,638)
Accounts payable decrease $3,915
Income taxes payable increase 4,973

Net cash provided from operating activities $460,548

Cash flow from investing activities

Sale of land at book value $37,030

- Purchase of building ($305,762)

Net cash flow from investing activities ($268,732)

Cash flow from financing activities

Issuance of bonds $211,600

- Purchase of treasury stock ($27,508)

- Dividends paid ($12,696)

Net cash flow from financing activities $171,396

Net increase in cash during the year $363,212

<u>Beginning cash balance $47,610 </u>

Cash balance at December 31, 2020 $410,822

6 0

3 years ago

Direct labor and overhead costs incurred to change raw materials into finished products are known as

san4es73 [151]

Answer:

conversion costs

Explanation:

5 0

2 years ago

Budgeting - The Production Budget (2pts): Spanasonic Co. manufactures batteries for electric vehicles. Management reports ending

Doss [256]

Production budgets are used by manufacturers to determine the quantity of product units that will be produced. Based on the predicted sales, the production budget is chosen.

Regarding projected inventory levels, it is modified in accordance with the company's inventory policy. A manufacturer creates cost budgets for the direct materials, direct labour, and overhead expenses needed for manufacturing based on the production budget.

The company's inventory policy should be kept in mind while creating a production budget. The production budget is built on the sales budget, with changes made for starting and ending inventories.

The company's inventory management strategy affects the production budget as well. Depending on the company's strategic outlook, inventories may be increased or decreased.

For the given question, the production budget is prepared and attached in the form of an image.

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4 0

1 year ago

Campbells is a newly established company that specializes in preparing healthy but tasty food for children under the age of 5. I

Oxana [17]

Answer: Introduction phase.

Explanation:

Campbell's company is going through the introduction phase of it's development cycle. In the introduction phase, a business; builds it's customer base, makes very little or no profit, observes slow growth rate and the running cost is usually high, but the business tends to stabilize as it enters the growth phase.

6 0

3 years ago

An income statement for Tommy's Bookstore for the first quarter of the year is presented below: Tommy's Bookstore Income Stateme

Semmy [17]

Answer:

Contribution margin = $200,000

Explanation:

As per the data given in the question,

Contribution margin = Sales - Variable expense

Number of books = $880,000 ÷ $55

=16,000

Gross margin = 340,000

Variable selling expenses = 16,000 × $6

=$96,000

Variable administrative expense = $880,000 × 5%

=$44,000

Total = $96,000 + $44,000

= $140,000

Contribution margin = $340,000 - $140,000

= $200,000

7 0

3 years ago