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3 years ago

The managerial role that changes the most between middle and top managers is ________.

1 answer:

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It is controlling. It is characterized as a precise exertion by business administration to contrast execution with foreordained norms, plans, or targets keeping in mind the end goal to decide if execution is in accordance with these measures and apparently so as to make any therapeutic move required to see that human and other corporate assets are being utilized as a part of the best and effective path conceivable in accomplishing corporate destinations

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Sheila contracted her friend Susan to paint her house for $3,000. Sheila did this as a favor to Susan as Susan was unemployed. B

Ne4ueva [31]

Answer:

Sheila letting Susan keep $1,000 without holding her liable for not completing the job is an example of a WAIVER.

Explanation:

A waiver is a legal intention or demonstration of a party in a contract to voluntarily relinquish their rights or claims in a contract. This is done without holding the other party (especially when they default in meeting the terms of the contract) liable for damages.

The party that voluntarily relinquishes their rights will usually not pursue any legal action against the defaulting party.

Therefore the scenario above is an example of a waiver, since Sheila has decided not to enforce the contract and has also allowed Susan keep part of the money.

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3 years ago

If there were 60,000 pounds of raw materials on hand on January 1, 120,000 pounds are desired for inventory at January 31, and 4

Lina20 [59]

Answer:

b) 350,000 pounds

Explanation:

The computation of the number of pounds purchased is shown below:

= Required production in January month + ending inventory in pounds - beginning inventory in pounds

= 410,000 pounds + 120,000 pounds - 60,000 pounds

= 350,000 pounds

We simply added the ending inventory and deduct the beginning inventory to the required production so that the accurate amount can come

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3 years ago

In September 2017, Gaertner Corp. commits to selling 150 of its iPhone-compatible docking stations to Better Buy Co. for $15,000

Liono4ka [1.6K]

Answer:

Journal Entries

Dr. Cost of Station supply...($54 x 90 stations)....$4,860

Cr. Inventory of station supplies..........................................$4,860

Dr. Cash...........................................................................$9000

Cr. Supply of Stations.....($100 x 90).....................................$9,000

Explanation:

(a)

Prepare the journal entry for Gaertner for the sale of the first 90 stations. The cost of each station is $54.

Journal Entries

Dr. Cost of Station supply...($54 x 90 stations)....$4,860

Cr. Inventory of station supplies..........................................$4,860

Dr. Cash...........................................................................$9000

Cr. Supply of Stations.....($100 x 90).....................................$9,000

(b)

Prepare the journal entry for the sale of 10 more stations after the contract modification, assuming that the price for the additional stations reflects the standalone selling price at the time of the contract modification. In addition, the additional stations are distinct from the original products as Gaertner regularly sells the products separately.

<u>Journal Entries</u>

Dr. Cost of Station supply...($54 x 10 stations)....$540

Cr. Inventory of station supplies...................................... $540

Dr. Cash.........................................................................$950

Cr. Supply of Stations.....($95 x 10)....................................$950

(c)

Prepare the journal entry for the sale of 10 more stations (as in (b)), assuming that the pricing for the additional products does not reflect the standalone selling price of the additional products and the prospective method is used.

<u>Journal Entries</u>

Dr. Cost of Station supply...($54 x 10 stations)....$540

Cr. Inventory of station supplies........................................ $540

Dr. Cash.......................($95 x 10)...............................$950

Dr. Supply discount..($5 x 10 stations).....................$50

Cr. Supply of Stations.....($100 x 10)....................................$1000

5 0

3 years ago

What does it mean when your credit card is limited

Helen [10]

Answer:

Your credit limit is the maximum amount you can borrow using a credit card or line of credit.

Explanation:

4 0

2 years ago

A store’s selling price of $2,240 for a certain computer would yield a profit of 40 percent of the store’s cost for the computer

kvv77 [185]

Answer:

Correct option is (A)

Explanation:

Given:

40% gain would be yielded on selling price of $2,240.

Let cost price be x.

Cost price will be 140% or 1.4 times cost price is selling price. It can be written in the following equation form:

1.4x = 2,240

x = 2,240 / 1.4

x = $1,600

Cost price = $1,600

Desired profit = 50%

Selling price = 1.5 times cost price

= 1.5 × 1,600

= $2,400

5 0

2 years ago