Answer and Explanation:
The computation is shown below:
1. Amount of dividends of Coca-Cola is
= net income - Increase in retained earnings
= $6.9 billion - $3.2 billion
= $3.7 billion
2. Amount of net income of PepsiCo is
= Increase in retained earnings + dividend paid
= $3.4 billion + $2.6 billion
= $6 billion
3. The amount of dividends of Alphabet is
= net income - Increase in retained earnings
= $1.6 billion - $1.6 billion
= $0 billion
4. Amount of ending retained earnings of Sirius XM Satellite is
= Beginning retained earnings - net loss - dividend
= -$1.6 billion - $1 billion - $0
= -$2.6 billion
5. The amount of beginning retained earnings of Abercro is
= Ending retained earnings - net income + dividend
= $1.56 billlion - $0.43 billion + $0.06 billion
= $1.19 billion
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The main problem with this team seems to be centered around differences in the formality of structure.
Cross-functional Work Team
This type of work team happens when individuals or groups of different functions come together to work together towards a common goal. This can either be done by two or more team leads to take the initiative or if there is a certain company project where employees of specific skills are required from different departments to do the job.
Problems with Cross-functional Team
There are certain problems faced when working in cross-functional teams. One of which is time management, where the team must meet up to manage the project and to discuss its further development. In the given question "time orientation" this certainly is not the main problem.
Another important factor is that employee success is based on goals and objectives. In doing so, the individual becomes more focused on their personal goals and loses sight of what is more important to prioritize, which is the company as a whole. Of course, this means that neither the interpersonal nor the goal orientation is the main problem arising between the team.
Finally, when more individuals come together to form a team, there is a chance that there might be dominating personalities in the group. This would cause difficulties among the group unless a leader is determined to manage the team. Now, this is the main problem here, as there is no formality of structure defined. Resulting in the dispute between managers and scientists. To avoid any further dispute formal structure must be laid out and a leader should be appointed amongst them.
Learn more on cross-functional team here: brainly.com/question/1490525
Answer:
$360,000
Explanation:
Inventory item = 10,000 units
Cost per unit = $40
Selling price per unit = $60
Inventory should be recorded cost or net realization value which ever is less.
Net realization value = Selling price per unit - cost to sell
= $60 - $24
= $36 per unit
Therefore, the amount should the 10,000 units of inventory be reported at on the December 31, 2019 balance sheet is:
= 10,000 units × $36 per unit
= $360,000
Answer:
Debit to Bad Debt Expense for $7,700
Explanation:
Based on the information given we were told that company's accounts receivable shows the estimate of uncollectible accounts totals of the amount of $6,400 while the Allowance for Doubtful Accounts has the amount of $1,300 as the debit balance. This means that the adjustment to record the bad debt expense for the period will require a
Debit to Bad Debt Expense for $7,700 Calculate as:
Dr Bad Debts 7700
(6300+1300)
Cr To Allowance for Doubtful Accounts 7700
