Answer:
uhh The president will stay the same
Explanation:
I'm smart :)
Answer:
Explanation:
M2-28. Computing and Comparing Income and Cash Flow MeasuresPenno Corporation recorded service revenues of $200,000 in 2020, of which $170,000 were on credit and $30,000 were for cash. Moreover, of the $170,000 credit sales for 2020, Penno collected $20,000 cash on those receivables before year‑end 2020. The company also paid $25,000 cash for 2020 wages. Its employees also earned another $15,000 in wages for 2020, which were not yet paid at year‑end 2020. (a) Compute the company’s net income for 2020; and (b) how much net cash inflow or outflow did the company generate in 2020? Explain why Penno’s net income and net cash flow differ.
Answer: Option (a) $146,500 is correct.
Explanation:
Company produced = 10,000 leaf blowers
Company produced sold = 8,500 leaf blowers
Income statement of year-end:
Sales = $ 382,500
Cost of goods sold = 170,000
Gross margin = $ 212,500
Selling and administrative expenses = 60000
Net income = $ 152,500
Production costs per leaf blower total = $20
Variable cost of goods sold = 8500 × $16 = $136000
Variable selling and administrative expenses = 15% of 60000 = $9000
Fixed production Cost = 10000 × $4 = 40000
Fixed Selling & Administrative expenses = (100% - 15%) of 60000 = $51000
∴ Net income under variable costing = sales - Variable cost of goods sold - Variable selling and administrative expenses - Fixed production Cost - Fixed Selling & Administrative expenses
= 382,500 - 136000 - 9000 - 40000 - 51000
= 146500
Answer:
a. empathetic listening
Explanation:
Empathetic listening is trying to understand the point the other person is trying to make and connect with him/her. An important characteristic is to listen to the other person without judging to be open to what is being said and really understand. So, the management of Wilvade Inc. is most likely using empathetic listening because they are trying to understand the employees concers and they want to address the situation.
Answer:
b. uses a company's valuable and rare resources and competitive capabilities to deliver value to customers that rivals have difficulty matching.
Explanation:
Resources refers to competitive and valuable assets, organizational processes, capabilities, information, attributes, and knowledge that are acquired, owned and controlled by an organization. These resources are classified into two (2) main categories;
1. Tangible resources: these are physical assets such as equipments, financial assets, plants, raw materials, inventory etc that are owned and controlled by an organization.
2. Intangible resources: these are assets that are abstract in nature such as knowledge, customer loyalty, skills, experience, stakeholders, patent, culture, buyer recognition etc.
Hence, a resource-based strategy uses a company's valuable and rare resources and competitive capabilities to deliver value to customers that rivals have difficulty matching. This ultimately implies that, resource-based strategy avails a company the ability or opportunity to use their tangible and intangible assets to provide finished goods and services to meet the needs or wants of customers, as well as creating a competitive advantage over rivals in the same industry.
