Answer:
Organization's culture.
Explanation:
Every organization has a set of unwritten norms that members of the organization accept and understand and which guide their actions. This system of shared meaning is organization's culture.
An organizational culture typically comprises of values, norms, beliefs and assumptions which defines the most appropriate ways of behaving in an organization (work environment).
Generally, an organizational culture is usually designed and established by the top executives or management of an organization and communicated to the various employees working there.
According to Robert Quinn and Kim Cameron, an organizational culture can be divided into four (4) main categories;
1. Adhocracy culture.
2. Clan culture.
3. Hierarchy culture.
4. Market culture.
<em>Additionally, the significance of an organizational culture is simply that it creates a unique social, efficient and psychological environment of an organization. </em>
It should be Joe and ISADORA and it should be ISADORA 37 and Joe 48
Answer:
Warbocks Corporation
Statement of retained earnings for the year ended December 31, 2017
Amount in $
Opening retained earnings 12,600
Net income for the year 7,000
Dividend <u> (5,000)</u>
Closing retained earnings <u> 14,600</u>
Explanation:
The retained earnings statement shows the movement in the retained earnings balance between the start and end of the year.
This includes the net earnings and dividend paid during the year.
Net income = $30,000 - $15,000 - $2,000 - $4,500 - $500 - $1,000
= $7,000
Answer: $82,500
Explanation:
Saleh's salary for fiscal year ending September 30 = $330,000
Salary that should be paid between October 1 - December 31, if the corporation is to continue to use it's fiscal year without negative tax effect.
To avoid negative tax effect, the Saleh's salary should be atleast equal to the amount being given for the fiscal year which ended in September 30.
October 1 - December 31 = 3 months
Saleh's monthly salary = total slary during fiscal year ÷ 12
$330,000 ÷ 12 = $27,500
October 1 - December 31 = $27500 * 3 = $82,500