Answer:
cost reduction and standardizing its products globally.
Explanation:
- Lenovo needs to capitalize on the consumer trends and the universal needs of the products globally and seek to reduce the costs in increasing flexibility, acquire knowledge, scale economies, and improve on the quality of the product and the process that creates them.
Answer:
Explanation:
The construction of the simple income statement is presented below:
Sales revenue $1,000
Less: Cost of goods sold -$200
Gross profit $800
Less: Operating expenses
General and administrative expenses -$50
Depreciation expense -$150
Profit before tax $600
Less: income tax -$100
Net income $500
The correct answer is C) theory Z.
The motivation that focuses on the fact that management and administration of contemporary organizations must consider the needs of the employee and, more importantly, how those needs can be met within the context of both the organization society as a whole is "theory Z."
When we are referring to the theory "Z," we are referring to the theory developed by economist William Ouchi. It was in the 1980s when Ouchi proposed this management style theory in the book "Theory Z: How American Business Can Meet the Japanese Challenge." The theory refers to the benefits of stable employment that generates productivity, and satisfaction in the workplace.
The other options of the question were A) theory X. B) theory Y. D) expectancy theory.
Balance sheet data: Current assets=($50,000+$65,000+$70,000)= $185,000, Current Liabilities = $85,000, Working Capital= $100,000
A balance sheet is a financial statement that lists the assets and liabilities of a corporation at a certain point in time.
An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. One of the three primary financial statements used to assess a company is the balance sheet. It offers a snapshot of the assets and liabilities of a corporation as of the publication date. A balance sheet provides you with a quick overview of your company's financial situation at any given time. A balance sheet, along with an income statement and a cash flow statement, can aid business leaders in assessing the financial health of their organization. The balance sheet of a corporation offers a wealth of information about its operations and solvency. Assets, liabilities, and equity are the three main elements of a balance sheet. Executives, investors, analysts, and regulators utilize the balance sheet as a crucial tool to comprehend the current financial condition of a corporation. It frequently coexists with the income statement and the cash flow statement, the other two categories of financial statements.
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Answer:
$47,500
Explanation:
Given that,
Ending inventory = $5,500
Website maintenance = $7,200
Revenues = $65,000
Freight-in = $3,200
Import duties = $1,600
Marketing expenses = $14,000
Delivery expenses = $1,400
Purchases = $44,000
Beginning inventory = $4,200
Cost of goods available for sale:
= Beginning inventory + Purchases + Freight-in + Import duties
= $4,200 + $44,000 + $3,200 + $1,600
= $53,000
Cost of goods sold:
= Cost of goods available for sale - Ending inventory
= $53,000 - $5,500
= $47,500
