The answer to the problem below is:
Carter Corporation sells two products, one is Arks and the other one is Bins. Last year, Carter Corporation was able to sell 14,000 units of Arks and 56,000 units of Bins. The related data are the following listed below:
1. unit contribution, selling, unit variable and product
2. price cost margin
Answer:
d.Assets $40,000; liabilities $55,000
Explanation:
Insolvent: When the person is not able to pay its debts. The maximum money will be recovered from his estates as the person is not in the position to pay its dues.
From the above options, option d is the most appropriate option as the liabilities consisted of a large amount whereas the asset values are of less amount.
Answer:
Organizational change
Explanation:
An organizational change refers to a change in the previously implemented strategies, plans, procedures, up gradation to a new technology, creation of new products and services or change in the structure.
In the given case, Color Cosmetics products were earlier only targeted at a gender i.e a marketing segment. Later on, the company decided to diversify and enter male segment too by coming up with new products targeted at the segment.
This represents a case for organizational change since the company has drastically changed it's previously implemented strategy and added an altogether new segment and new products.
Answer:
a.
The depreciable cost is $170500
b.
The depreciation rate is $3.1 per mile
c.
The depreciation expense for the year is $13640
Explanation:
a.
The depreciable cost is the cost of the asset that qualifies to be charged as depreciation expense over the estimated useful life of the asset. The depreciable cost is calculated as follows,
Depreciable cost = Cost - Residual Value
depreciable cost = 180000 - 9500 = $170500
b.
The depreciation rate under unit of activity method is the amount of depreciation that will be charged per unit of the asset usage.
The depreciation rate = Depreciable cost / estimated useful life in units of activity
The depreciation rate = 170500 / 55000 = $3.1 per mile
c.
The units of activity depreciation for the year can be calculated by multiplying the depreciation rate per unit by the activity for the year in unit terms.
Depreciation expense for the year = 3.1 * 4400 = $13640
Answer: Progressive discipline
Explanation:
Progressive discipline is a system of discipline whereby there is an increase in penalties upon repeat occurrences. Progressive discipline is a disciplinary system for an employee that provides a gradual range of responses to the performance of an employee or the behavior of an employee. The disciplinary measures can range from mild to severe punishment depending on the frequency and the nature of the problem.
Bella was suspended for two weeks for drug use by her employer and six months later, was fired from the job as her productivity did not improve despite undergoing treatment for drug use. This is a form of progressive discipline.
