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MAXImum [283]
4 years ago
14

Which managerial function will help you evaluate your organization’s current state?

Business
1 answer:
creativ13 [48]4 years ago
3 0
Hey there,

Your question states: "<span>Which managerial function will help you evaluate your organization’s current state"?

Answer/Reason: Based on reasoning and knowledge, I believe that your correct answer would be "planning". The reason I say this is because in order to progress the current state that you would be in, you would have to plan on in order to progress from your current state.
_____________________________________________________________

~Jurgen</span>
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I put 100,000.00 towards purchasing a house with daughter and son in law they had to get a loan for balance due should i be resp
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3 years ago
Donner Company is selling a piece of land adjacent to its business premises. An appraisal reported the market value of the land
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Answer: $212,000

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Under the cost principle, the amount that the land should be recorded in the accounting records of Focus Company would be $212,000.

It should be noted that under the cost principle, any property that can be considered to be an asset would have to measured at its cost.

Since the companies settled on a purchase price of $212,000, that'll be the amount that will be recorded.

4 0
3 years ago
Name five leadership soft skills and describe the importance of each
sammy [17]
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4 0
3 years ago
Perpetual Inventory Using LIFOBeginning inventory, purchases, and sales data for prepaid cell phones for May are as follows:Inve
Ivan

Answer:

<u>Date                                      Purchases                    Sales        </u>

May 1                                1,550 units at $44

May 10                                720 units at $45

May 12                                                                    1,200 units

COGS                                                                  (720 x $45 = $32,400)

COGS                                                                  (480 x $44 = $21,120)

TOTAL COGS FOR MAY 12 SALE                       = $53,520

Inventory after sale        1,070 units at $44

May 20                             1,200 units at $48

May 14                                                                      830 units

COGS                                                                  (830 x $48 = $39,840)

TOTAL COGS FOR MAY 14 SALE                       = $39,840

Inventory after sale         1,070 units at $44

                                          370 units at $48

May 31                                                                    1,000 units

COGS                                                                  (370 x $48 = $17,760)

COGS                                                                  (630 x $44 = $27,720)

TOTAL COGS FOR MAY 12 SALE                       = $45,480

Inventory after sale        440 units at $44

Under LIFO (last in, first out), the cost of goods sold is determined using the price of the last units purchased, which means that the most recent (or updated) price is used to calculate COGS.

7 0
3 years ago
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