The balance of payment account is made up of:

Refer to standard motor products. when standard motor products’ edwardsville plant decided to give its teams the highest level o

Lynna [10]

<span>Refer to standard motor products. when standard motor products’ edwardsville plant decided to give its teams the highest level of autonomy, it created self-designing teams. A self-designing team is a team that decides who they want to work with, how they want to work together and what they want to work on. This has been shown to create productivity because these workers are happy with the work they are </span>doing and making decisions instead of being just told what to do.

5 0

3 years ago

Menlo Company distributes a single product. The company’s sales and expenses for last month follow: sales 616,000 net operating

DerKrebs [107]

Answer:

Explanation:

Giving the following information:

The company’s sales and expenses for last month follow: sales 616,000 net operating income 31,200

Break-even point= fixed costs/ contribution margin

Break-even point (dollars)= fixed costs/ contribution margin ratio

Contribution margin= selling price - unitary variable cost

Contribution margin ratio= contribution margin/ selling price

6 0

3 years ago

You are a marketing consultant and you have been hired to assist a client in deciding on a target marketing strategy that fits h

seraphim [82]

Answer:

Differentiated

Explanation:

A differentiated marketing strategy is the strategy where the company decided to provide the distinct offering to each kind of market but that should be targeted one. Each segment should be target in the way where the company gives the unique benefits for various kind of segments

Since in the given situation it is mentioned that there is the need to focus more than one market so here it should use the differentiated targeting strategy

5 0

2 years ago

LO.8, 9 Broadbill Corporation (E & P of $650,000) has 1,000 shares of common stock outstanding. The shares are owned by the

GarryVolchara [31]

Question Continuation

Determine the tax consequences of the redemption to Tammy and to Broadbill under the following independent circumstances.

Tammy and Jeremy are grandmother and grandson.

Answer:

See Explanation Below

Explanation:

Given.

Tammy number of shares = 300

Yvette number of shares = 400

Jeremy number of shares = 300

Each of the shareholders paid $50 per share.

Tammy's Ownership is calculated by; (300+300)/1000

= 600)1000

= 60% ---- before redemption

Tammy's Ownership = (150 + 300)/850

Tammy's ownership = 450/850

Tammy's Ownership = 52.94% ---- after redemption

The constructive ownership of Tammy is more than 80%, this means that the distribution is considered as income to Tammy

3 0

2 years ago

Exercise 8-5 The ledger of Costello Company at the end of the current year shows Accounts Receivable $110,000; Sales Revenue $84

Nina [5.8K]

Answer:

Journal entries are shown below:

Explanation:

The journal entries are as follows

a. Bad debt expense $1,400

To Account receivable $1,400

(Being the bad debt expense is recorded)

b. Bad debt expense $8,900

To Allowance for doubtful accounts $8,900

(Being the bad debt expense is recorded)

The computation is shown below:

= $110,000 × 10% - $2,100

= $11,000 - $2,100

= $8,900

c. Bad debt expense $6,800

To Allowance for doubtful accounts $6,800

(Being the bad debt expense is recorded)

The computation is shown below:

= $110,000 × 6% + $200

= $6,600 + $200

= $6,800

4 0

3 years ago