Jones & Hilton co. owned a large cold storage warehouse where they stored and processed meat and meat products. an insider revealed to the media that the cold storage failed to meet numerous safety standards, encountered repeated rodent attacks, and sold potentially harmful and infected meat in the market without notifying authorities. the U.S. Department of Agriculture has the authority to conduct inspections of the cold storage warehouse and initiate legal proceedings against the owners for endangering the health of consumers.
Answer:
b. $65,000
Explanation:
Particulars Amount
Revenues
Service Revenue $390,000
Less: Sales Return and allowance $10,000
Less: Sales Discount <u>$5,000 </u>
Net Sales Revenue $375,000
Less: Cost of Goods Sold <u>$200,000</u>
Gross Profit $175,000
Less: Operating Expenses <u>$110,000</u>
Operating Income <u>$65,000</u>
Thus, income from operation is $65,000
D) They are ranked by how quickly we can access the cash.
Answer:
D. A particular action may have different consequences in different situations.
Explanation:
The Contingency anchor theory is of the opinion that different actions and decisions would have different consequences when applied in different situations. So, for organizations seeking solutions to their problems they need to take into account the peculiarities of the problems and apply solutions that are applicable to them.
So the proponents of organizational behavior under the contingency anchor, believe that there is no universal solution to every problem. Organizations must be willing to adapt to the different circumstances that arise as a result of the complexities in the work setting.
