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2 years ago

Difference between undergraduate and graduate degrees

1 answer:

4 0

Undergraduate refers to someone who is going for their Bachelor's Degree or one who doesn't have an equivalence to a Bachelor's Degree. (Ex. non-degree holder or an Associates Degree would be considered undergraduates)

Graduate refers to someone who is going for a degree that is beyond a Bachelor's Degree. (Ex. Master's Degree or PhD.)

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Do you believe that managers should be given more autonomy to make personnel decisions such as hiring, appraising, and compensat

Tpy6a [65]

Answer:

The correct answer is: managers should be given less autonomy to make personnel decisions such as hiring, appraising, and compensating subordinates.

Explanation:

The function of management consists of a series of resources that must be observed in order to achieve organizational goals, therefore it is allowed to delegate important functions such as personnel management to a person who in turn must be accountable; For this reason, management must engage in extremely important functions such as obtaining clients, establishing sales strategies, positioning, etc., while the people in charge of each department perform their functions according to the internal regulations of the organization and the other guidelines established in order to ensure that such resources are aligned and allow the achievement of organizational goals.

5 0

3 years ago

Provide some examples of items that would be adjusted directly against equity, rather than being included as part of profit or l

Hunter-Best [27]

Answer:

1.Common Stocks Issues and Repurchases

2.Preference Stocks Issues and Repurchases

3.Dividends Declared

Explanation:

Common Stocks Issues and Repurchases

Common Stockholders have voting rights. The movement in the Stocks must be presented separately in the Statement of Changes in Equity.

Preference Stocks Issues and Repurchases

Preference Stockholders do not have voting rights. The movement in the Stocks must be presented separately in the Statement of Changes in Equity.

Dividends Declared

Dividends Paid are not included in Profit and Loss but in Statement of Changes in Equity.

Payment of Dividends adjusts the Retained Earnings Amount in Statement of Changes in Equity.

5 0

3 years ago

Complete the steps in the measurement of external transactions.

ZanzabumX [31]

Answer:

November 1 Issue common stock in exchange for $11,000 cash.

Dr Cash 11,000

Cr Common stock 11,000

November 2 Purchase equipment with a long-term note for $1,500 from Spartan Corporation.

Dr Equipment 1,500

Cr Notes payable 1,500

November 4 Purchase supplies for $1,100 on account.

Dr Supplies 1,100

Cr Accounts payable 1,100

November 10 Provide services to customers on account for $7,000.

Dr Accounts receivable 7,000

Cr Service revenue 7,000

November 15 Pay creditors on account, $1,200.

Dr Accounts payable 1,200

Cr cash 1,200

November 20 Pay employees $1,000 for the first half of the month.

Dr Wages expense 1,000

Cr cash 1,000

November 22 Provide services to customers for $9,000 cash.

Dr Cash 9,000

Cr Service revenue 9,000

November 24 Pay $600 on the note from Spartan Corporation.

Dr Notes payable 600

Cr Cash 600

November 26 Collect $5,000 on account from customers.

Dr Cash 5,000

Cr Accounts receivable 5,000

November 28 Pay $1,200 to the local utility company for November gas and electricity.

Dr Utilities expense 1,200

Cr Cash 1,200

November 30 Pay $3,000 rent for November.

Dr Rent expense 3,000

Cr Cash 3,000

Cash Common stock

debit credit debit credit

1,200 5,000

11,000 11,000

1,200 16,000

1,000

9,000

600

5,000

1,200

3,000

19,200

Accounts receivable Supplies

debit credit debit credit

400 500

7,000 1,100

5,000 1,600

2,400

Equipment Accounts Payable

debit credit debit credit

7,400 1,000

1,500 1,100

8,900 1,200

900

Notes Payable Service revenue

debit credit debit credit

2,000 7,000

1,500 9,000

600 16,000

2,900 6,000 closed

Retained Earnings Wages expense

debit credit debit credit

1,500 1,000

10,800 closed 1,000

12,300

Utilities expense Rent expense

debit credit debit credit

1,200 3,000

closed 1,200 closed 3,000

net income for the month = $16,000 - $5,200 = $10,800, so retained earnings should increase by $10,800

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2 years ago

here are seven firms in the automobile industry. The market shares of the firms are 34 percent, 21 percent, 17 percent, 9 pe

Lemur [1.5K]

Answer:

The answer is "Option 4".

Explanation:

The Herfindahl-Hirschman Index formula:

$HHI=s_{12} + s_{22} + s_{32} + s_{42} +........ + s_{n2}$

here sn is the firm n's share of the market proportion represented the society in general number instead of a decimal

Index Herfindahl-Hirschman:

$= (34)^2 + (21)^2 + (17)^2 + 92 + 82 + 62 + 52\\\\= 1156 + 441 + 289 + 81 + 64 + 36 + 25\\\\= 2092$

Index Herfindahl-Hirschman(Result of the merger, firms with profit margins of 6% and 5% provided market shares of respectively).

$= (34)^2 + (21)^2 + (17)^2 + 92 + 82 + 112\\\\= 1156 + 441 + 289 + 81 + 64 + 36 + 121\\\\= 2188$

The market with just an HHI of less than 1,500 is called a competitive industry, one on an HHI of 1,500 to 2,500 is called a moderately competitive store, and one on an HHI of 2,500 or higher is considered a highly potent store by us Justice department.

All businesses operate in a moderately crowded market, as well as a merger such as this reduces competition (increases chances of monopoly). Also as result, the Justice Dept may examine its merger but will most likely deny this because the Herfindahl-Hirschman index has risen.

8 0

3 years ago

The Davis Corporation budgeted factory overhead at $250,000 for the period for the Assembly department, based on a budgeted volu

Igoryamba

Answer:

B. $10,000 Underapplied

Explanation:

Hourly rate = $250,000/100,000 = $2.5 per hour

Excess hours = 4000

Excess over head = 4000 * 2.5 = $10,000

There was a $10,000 underapplied overhead for that period

8 0

2 years ago