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Liono4ka [1.6K]
3 years ago
11

Bill gore believed in keeping operational facilities small due to his focus on high quality interpersonal relationships, and as

such, the company splits up people at a facility once it reaches a certain size by creating a new location. which level of organizational culture does this describe?
Business
2 answers:
lorasvet [3.4K]3 years ago
8 0

The level of organizational culture that is being described in the scenario above is the basic underlying assumptions in which this level focuses more on taking beliefs for granted in a way that they use their thoughts and feelings in a course of action in which Bill does because of his beliefs.

ziro4ka [17]3 years ago
4 0

The answer is<u> "observable artifacts".</u>


Artifacts are the physical appearances of an association. They incorporate factors, for example, clothing standards, fantasies, customs, and unmistakable things, for example, grants, item shows, logos, decorations and stylistic layout. Noticeable ancient rarities speak to the more obvious dimension of culture inside the association.  

Observable artifacts are critical to the accomplishment of an organization since they are substantial things that enable workers to wind up a piece of that organization's hierarchical culture.

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Hillyard Company, an office supplies specialty store, prepares its master budget on a quarterly basis. The following data have b
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Answer:

Hillyard Company

1. Schedule of expected cash collections:

                                       January       February       March        April

December(actual)       $ 280,000

January $ 400,000         80,000     $320,000

February $ 600,000                           120,000    $480,000

March $ 300,000                                                      60,000   $240,000

April $ 200,000                                                                            40,000

Total                            $360,000    $440,000    $540,000

2-a. Merchandise purchases budget:

                                     January       February         March          

Cost of goods sold     240,000       360,000        180,000      

Ending Inventory          90,000         45,000          30,000

Goods available         330,000       405,000         210,000

Opening Inventory     (60,000)       (90,000)        (45,000)

Purchases                $270,000     $315,000      $165,000

2-b. Schedule of expected cash disbursements for merchandise purchases:

Budgeted Purchases Disbursement:

                                       January       February        March          April

December(actual)       $ 93,000

January $270,000       135,000       $ 135,000

February $315,000                              157,500      $ 157,500

March $165,000                                                          82,500    $ 82,500

Total                          $228,000       $292,500     $240,000

3. Cash budget:

                                       January       February       March     Total

Beginning balance        $48,000      $30,000       $30,800     $48,000

Cash collections           360,000       440,000      540,000   1,340,000

Total                            $408,000    $470,000     $570,800 $1,388,000

Disbursements:

Purchases                    228,000       292,500      240,000    (760,500)

Salaries & wages           27,000          27,000        27,000       (81,000)

Advertising                    70,000          70,000        70,000     (210,000)

Shipping (5% sales)      20,000          30,000        15,000       (65,000)

Other Expense 3%        12,000          18,000          9,000       (39,000)

Equipment                                             1,700        84,500       (86,200)

Dividend                       45,000                                                 (45,000)

Total disbursement $402,000    $439,200    $445,500   (1,286,700)

Loan + Interest             24,000                             24,720            ( 720)    

Ending balance              6,000         30,800      100,580        100,580

Required

Minimum cash bal.      30,000         30,000       30,000

Interest on loan = $720 ($24,000 x 1% x 3)

4. Prepare an absorption costing income statement for the quarter ending March 31:

Sales                                 $1,300,000

Cost of goods sold               780,000

Gross profit                        $520,000

Expenses:

Salaries & Wages   81,000

Advertising           210,000

Shipping expense 65,000

Other expenses    39,000

Depreciation         42,000

Interest expense       720   (437,720)

Net Income                            82,280

5. Prepare a balance sheet as of March 31:

Assets:

Cash                                   $100,580

Accounts Receivable          240,000

Inventory                               30,000

Buildings & Equipment       414,200

Total Assets                     $

Liabilities + Equity:

Accounts Payable            $82,500

Common Stock               500,000

Retained Earnings           146,280

Total                              $

Explanation:

a) Data:

General Ledger Balances:

                                                    Debits             Credits

Cash                                           $ 48,000

Accounts receivable                  224,000

Inventory                                      60,000

Buildings and equipment (net) 370,000

Accounts payable                                           $ 93,000

Common stock                                                500,000

Retained earnings                                            109,000

                                              $ 702,000     $ 702,000

b) Budgeted Cash Collections

                                       January       February       March        April

December(actual)       $ 280,000

January $ 400,000         80,000     $320,000

February $ 600,000                           120,000    $480,000

March $ 300,000                                                      60,000   $240,000

April $ 200,000                                                                             40,000

Total                           $360,000     $440,000    $540,000

Ending Accounts Receivable balance = $240,000

c) Cost of goods sold

                                     January       February       March        Total

Sales                          $400,000    $600,000     $300,000    $1,300,000

Shipping costs 5%        20,000         30,000          15,000           65,000

Other Expense 3%        12,000          18,000           9,000            39,000

Depreciation                                                                                    42,000

Cost of goods sold     240,000       360,000        180,000         780,000

Ending Inventory          90,000         45,000          30,000

Goods available         330,000       405,000         210,000

Opening Inventory     (60,000)       (90,000)        (45,000)

Purchases                  270,000        315,000        165,000

b) Budgeted Purchases Disbursement:

                                       January       February        March          April

December(actual)       $ 93,000

January $270,000       135,000       $ 135,000

February $315,000                              157,500      $ 157,500

March $165,000                                                          82,500    $ 82,500

Ending Accounts Payable balance = $82,500

c) Retained Earnings:

Beginning   $109,000

Net Income    82,280

Dividends    (45,000)

Ending      $146,280

d) Buildings & Equipment     370,000

New additions:                        86,200

Less Depreciation expense (42,000)

Balance, net                        $414,200

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How many students go to princeton a year?
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Out of the over 20,000 that apply only about 2,000 go to Princeton a year!
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