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amm1812
3 years ago
8

Why is it important to keep your own financial records?

Business
1 answer:
viva [34]3 years ago
5 0
Its great for documentation on income tax returns. A bank may require financial documentation of income statement, a cash flow statement, or a balance sheet before loaning you money. It will help identify sources of income and track debts.
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Why would businesses supply more product at higher prices?
kykrilka [37]
I would think C. because A. would be cheaper prices, and B. is false, D. just does not sound right.
6 0
3 years ago
Read 2 more answers
How might an interactive leader like Mary Barra communicate a policy change that impacts all GM employees from executive-level m
Andrej [43]

Answer:

b. Create task forces at different levels of the organization that communicate the benefits of the policy change

c. Hold a series of town hall meetings to discuss the policy change and listen to employee concerns

d. Hold informal meetings with key managers, department heads, and staff employees to discuss the policy change to develop best practices for communicating the change to other employees

Explanation:

An Interactive leader is a leader who seeks the opinion of his or her followers regarding issues in order to achieve a desired goal.

Mary Barra can communicate a policy change that impacts all GM employees from executive-level managers to assembly line workers by creating task forces at different levels of the organization that communicate the benefits of the policy change. This will help in passing the message across to the workers effectively and quicker.

Holding a series of town hall meetings to discuss the policy change and listen to employee concerns is also vital as the purpose of the policy change can be discussed and the opinions of other with regards to the change can be known.

Lastly, holding of informal meetings with managers, department heads, and staff employees is also essential so that the information can be passed across to the employees in each department and the workers all work towards achieving a common goal.

7 0
3 years ago
An incomplete cost of goods manufactured schedule is presented below.
svlad2 [7]

Completing the Cost of Goods Manufactured Schedule for Riverbed Company is as follows:

<h3>Cost of Goods Manufactured Schedule</h3>

Work in process (1/1)                             $222,600

Direct materials:

Raw materials inventory (1/1)                 $ 47,300

Add: Raw materials purchases              168,000

Total raw materials available for use $215,300

Less: Raw materials inventory (12/31)     24,500

Direct materials used                          $190,800

Direct labor                                          $114,500

Manufacturing overhead:

Indirect labor                 19,600

Factory depreciation   37,900

Factory utilities             72,600

Total overhead                                       130,100

Total manufacturing cost                  $658,000

Total cost of work in process           $658,000

Less: Work in process (12/31)                85,600

Cost of goods manufactured            $572,400

<h3>What is the Schedule of Cost of Goods Manufactured?</h3>

The Schedule of Cost of Goods Manufactured shows the costs of:

  • Beginning Work in Process
  • Raw materials used
  • Direct labor
  • Overhead
  • Less Ending Work in Process.

Thus, the Schedule of Cost of Goods Manufactured for Riverbed Company shows that the cost of goods manufactured for the period is <u>$572,400</u>.

Learn more about preparing the Schedule of Cost of Goods Manufactured at brainly.com/question/24257342

#SPJ1

6 0
2 years ago
What drove Tucker to risk everything to build a car company?
lesya [120]

Answer:

he opened a car company for a better tommorow

3 0
3 years ago
There may be a great deal of interaction between a service provider and a consumer in which they co-create value together. In su
fomenos

Answer:

Inseparability

Explanation:

Inseparability is one of the key principles in properly understanding the concept of service quality delivery. Service Quality is a phenomenon which seeks to determine, evaluate and critically look into how service delivered tow in line with the clients' expectations and objectives.

Evidently, and in a bid to co-create value, there is often a great deal of interaction between a service provider and a consumer. Suffix to say, the consumer here could be an individual or a body corporate.

A good service quality delivery is hinged on the skills, abilities and competencies of parties involved. The implication of the foregoing is that the end product of an exercise and in this case - value creation, is proportionate to the abilities and skills the individuals involved are bringing on board.

When service is been provided and expectations fall short, what I would do as a rational consumer is to match the provider of the service with the service provided. In this case, evaluation, rating and critical appraisal will be solely placed on the service provider. A consistent good service quality delivery by a particular service provider is enough to buy me over by the said provider, as it would have been established, through the service provider's track record, that good service quality delivery is its hallmark. Hence, more often than not, we say a client expectations of a product or service is inseparable to the product or service provider.

4 0
3 years ago
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