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3 years ago

The people who are working for and supporting a company's success are also known as what?

Business

2 answers:

ratelena [41]3 years ago

6 0

Answer:

human resources

icang [17]3 years ago

5 0

They are also known as managers. These people are responsible for the leadership, supervision, and motivation of other employees that make up the company's success. They manage small teams and mentor to do their jobs, their ability makes up a huge difference in the company.

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Jameson Corporation was organized on May 1. The following events occurred during the first month. Received $68,000 cash from the

monitta

Answer:

Explanation:

The journal entries are shown below:

1. Cash A/c Dr $68,000

To Common stock $5,150

To Additional paid-in capital $62,850

(Being the cash is received)

The common stock value is computed by

= Number of investors × number of shares × par value

= 5 investors × 103 shares × $10

= $5,150

And, the remaining balance is transferred to additional paid-in capital

2. No journal entry required

3. Cash A/c Dr $17,000

To Long term note payable A/c $17,000

(being cash is borrowed for long term payable)

4. Equipment A/c Dr $18,000

To Cash A/c $1,500

To Short term note payable $16,500

(Being equipment is purchased for cash and short term note payable)

5. Short term Notes receivable A/c Dr $1,600

To Cash $1,600

(Being cash is paid)

6. Store fixtures A/c Dr $19,000

To Cash A/c $19,000

(being cash is paid for store fixtures)

7 0

3 years ago

Last month a company had net sales revenues of $10,000; Cost of goods sold of $4,000; other operating expenses of $3,000; non-op

Pie

Answer:

The correct answer is B. 6.000

Explanation:

Gross profit only includes Sales Revenues and cost of goods sold. So you have to ignore all others. In this case the solution is given for Sales Revenues 10.000 - cost of goods sold 4.000 = Gross profit 6.000. Hope it helps

6 0

3 years ago

Project A has a required return on 9.2 percent and cash flows of −$87,000, $32,600, $35,900, and $43,400 for Years 0 to 3, respe

LiRa [457]

Answer:

Accept Project B , Reject Project A

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be found using a financial calculator

For project A ,

Cash flow in year 0 = $-87,000

Cash flow in year 1 = $32,600

Cash floe in year 2 = $35,900

Cash floe in year 3 = $43,400

I = 9.2%

NPV = $6,288.17

For project B,

Cash flow in year zero = −$85,000

Cash flow in year 1 = $14,700

Cash flow in year 2 = $21,200

Cash flow in year 3 = $89,800

I = 12.7%

NPV = $7,468.93

Based on the NPV, the second project would be chosen because it has a higher NPV.

Both projects are profitable but because the projects are mutually exclusive, only the more profitable project can be chosen.

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

5 0

3 years ago

The following data relating to direct materials cost for October of the current year are taken from the records of Good Clean Fu

Dima020 [189]

Answer:

standard price= $5

Explanation:

Giving the following information:

Quantity of direct materials used 3,000 lbs. Actual unit price of direct materials $5.50 per lb. Units of finished product manufactured 1,400 units Standard direct materials per unit of finished product 2 lbs.Direct materials quantity variance-unfavorable $1,000Direct materials price variance-unfavorable $1,500.

Direct material price variance= (standard price - actual price)*actual quantity

-1,500= (SP - 5.5)*3,000

15,000=3,000SP

5= standard price

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (1400*2 - 3,000)*5

Direct material quantity variance= 1,000 unfavorable

5 0

3 years ago

David is shopping for work supplies; he purchases 3 binders, 5 pens, and 2 reams of paper. The binders cost $3.50 each; the pens

AVprozaik [17]

Answer:

Im not 100% sure but the answer is C

Explanation:

7 0

3 years ago