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sesenic [268]
3 years ago
6

A(n) ________ group is created to do something productive for the organization and is headed by a leader. For example, this grou

p may be created to develop a new line of skin-care products specifically for people with sensitive skin.
Business
1 answer:
Anastaziya [24]3 years ago
5 0

Answer:

Formal group

Explanation:

A formal group may be a section, a team, a working party or a committee in an organization. People are usually selected according to their credentials and the skills they possess to work within the company.

The Formal Groups are formed to direct the efforts of the employees towards the accomplishment of organizational goals and objectives.

They are formed to fulfill any of the following purposes:

a. It encourage group members working together which yields better results than an individual working separately.

b. To facilitate a proper decision-making

c. To help others in the group to learn new skills .

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Information related to Novak Corp. is presented below.
DochEvi [55]

Answer:

April 5

Debit Inventory $28,700

Credit Accounts Payable $28,700

April 6

Debit Inventory $600

Credit Cash $600

April 7

Debit Equipment $29,700

Credit Accounts Payable $30,000

April 8

Debit Accounts Payable $3,400

Credit Inventory $3,400

April 15

Debit Accounts Payable $25,300

Credit Cash $24,541

Credit Inventory $759

Explanation:

Preparation of the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system

April 5

Debit Inventory $28,700

Credit Accounts Payable $28,700

April 6

Debit Inventory $600

Credit Cash $600

April 7

Debit Equipment $29,700

Credit Accounts Payable $30,000

April 8

Debit Accounts Payable $3,400

Credit Inventory $3,400

April 15

Debit Accounts Payable $25,300 ($28,700-$3,400)

Credit Cash $24,541

($25,300 x 97%)

Credit Inventory $759

($25,300 x 3%)

6 0
3 years ago
Oriole Company is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product is $2
Crank

Answer:

Sell before assembly, the company will be better off by $1 per unit.

Explanation:

Given that,

Unit cost of the unassembled product = $24

Selling price of unassembled product = $54

Estimated cost to assemble the product = $18

company believes the market would support a price (on the assembled unit) = $71

Profit from Unassembled product:

= Selling price - cost

= $54 - $24

= $30

Assembled product cost = $24 + $18

                                         = $42

Profit from assembled product:

= Selling price - cost

= $71 - $42

= $29

Hence, Sell before assembly, the company will be better off by $1 per unit.

5 0
3 years ago
When lives are in danger, supply chain inefficiencies may result in suffering and/or casualties. helping people in need around t
Angelina_Jolie [31]

Humanitarian supply chain management

What do you mean by Humanitarian supply chain management?

Humanitarian supply chain management (HSCM) is the proper management of assistance resources for catastrophe victims in order to alleviate their suffering and rehabilitate the afflicted individuals.

To learn more about Humanitarian supply chain management

brainly.com/question/18793688

#SPJ4

8 0
1 year ago
At January 1, 2021, Café Med leased restaurant equipment from Crescent Corporation under a nine-year lease agreement. The lease
marusya05 [52]

Answer:

$11,750

$189,750

Explanation:

1: Calculation for the effect of the lease on Café Med's earnings for the first year

Based on the information given we were told that the lease agreement has annual payments of the amount $29,000 which means that Corporation will recognized a rental revenue of the amount $29,000 each year

Now let Compute for the depreciation to be charged on equipment using this formula

Annual depreciation = Cost of equipment / Useful life

Let plug in the formula

Annual depreciation= $207,000 / 12

Annual depreciation= $17,250

Second step is to Compute for Crescent Effect on earnings using this formula

Crescent Effect on earnings = Rental revenue - Depreciation expense

Let plug in the formula

Crescent Effect on earnings= $29,000 - $17,250

Crescent Effect on earnings= $11,750

2. Calculation for the balances in the balance sheet accounts

Using this formula

Equipment balance at the end of 2021 = Cost - Accumulated depreciation

Let plug in the formula

Equipment balance (net) at the end of 2021= $207, 000 - $17, 250

Equipment balance (net) at the end of 2021= $189,750

Deferred lease revenue will be the Rental amounts that was received in advance on 31. DEC.2021 for 2019 year = $29,000

5 0
4 years ago
David has started all season at linebacker. Last season he was a backup and is still making a backup's salary. Typically, backup
LenaWriter [7]
500,000 is your answer 

7 0
3 years ago
Read 2 more answers
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