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Elena L [17]
3 years ago
12

Slack, a collaboration hub that brings people together within organizations, strives to ensure that its products and people focu

s on making work life simpler, more pleasant, and more productive. This notion is best described as Slack's
Business
1 answer:
Airida [17]3 years ago
5 0

Answer:

mission statement

Explanation:

A company's mission statement defines the reason why the company exists; what is its business (what product or service they provide), its objectives (or goals) and how they will reach these objectives. It should also include who's needs they are satisfying (target market).

You might be interested in
Third national bank has reserves of $20,000 and checkable deposits of $200,000. the reserve ratio is 10 percent. households depo
irga5000 [103]
Reserves - $20,000
Checkable Deposits - $200,000
Reserves Ratio - 10
Household Deposit - $15,000
Level of Excess Reserves - ?

Solution:
Checkable Deposits = $200,000 + $15,000 = $215,000
Required Reserves = 0.10 x $215,000 = $21,500
Excess Reserves = Actual Reserves - Required Reserves
= $35,000 - $21,500 = $13,500
6 0
3 years ago
On October 1, 2022, Sheridan Company places a new asset into service. The cost of the asset is $81000 with an estimated 5-year l
Ahat [919]

Answer:

the depreciation expense for 2022 is $3,000

Explanation:

Straight line method of depreciation charges a fixed amount of depreciation over the period of use of an asset.

Depreciation Expense = (Cost - Residual Value) / Number of useful life

                                      =  ($81000 - $21000) / 5

                                      =  $12,000

The Annual depreciation charge for this machine will be $12,000 for each of the years that it is used in the business.

However since it was paced in use during the year that is 1 October, we have to apportion the Annual charge withe number of months that its has been in use during 2022.

It has been used for 3 months thus depreciation charge is :

Depreciation = 3/ 12 × $12,000

                      = $3,000

8 0
3 years ago
When performing the managerial task of planning, managers organize people into departments according to the kinds of job-specifi
Shkiper50 [21]

Answer:

decide which goals the organization will pursue and what strategies will achieve those goals.

Explanation:

To perform the planning task, managers identify and select appropriate organizational goals and courses of action; they develop strategies for how to achieve high performance. The three steps involved in the planning area

(1) deciding which goals the organization will pursue,

(2) deciding what strategies to adopt to attain those goals, and

(3) deciding how to allocate organizational resources to pursue the strategies that attain those goals. How well managers plan and develop strategies determines how effective and efficient the organization is—its performance level.

5 0
2 years ago
What is the smallest dollar civil penalty that will be assessed for a single act of misrepresentation?
V125BC [204]

Answer:

The smallest dollar civil penalty that will be assessed for a single act of misrepresentation is $200.

The  correct answer is A

Explanation:

The civil penalty imposed on a single act of misrepresentation ranges between $200 and $10,000. Thus, the smallest dollar penalty is $200.

8 0
2 years ago
The Stone Company has observed that its utility cost is $5,000 when operating at a level of 20,000 machine hours per period. The
trasher [3.6K]

Answer:

$4,600

Explanation:

Data provided in the question:

Utility cost = $5,000

Operating level = 20,000 machine hours per period

Final utility cost = $4,000

Final operating level = 15,000

Now,

Variable cost per machine hour

= [Total cost at highest level-Total cost at lowest level] ÷ [ Highest level-Lowest level) ]

=[ 5000 - 4000 ] ÷ [ 20,000 - 15,000 ]

= $0.2 per machine hour

Therefore,

Fixed costs = $5,000 - [ 0.2 × 20,000 ]

= $1000

Total cost for 18000 machine hours

= [ 0.2 × 18,000 ] + 1000

= $4,600

5 0
3 years ago
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