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valina [46]
3 years ago
10

Ben is reviewing a chart that shows all of the employees at his company. This document includes information about who reports to

whom and how major areas are organized. It is likely that Ben is reviewing a(n) _____ chart.
Business
1 answer:
aivan3 [116]3 years ago
8 0

Answer: Organization chart

Explanation:

The organization chart is a diagram that shows the relation among the employees in an organization. The organization chart is also used to show the relationship that exists between the departments in an organization or and also shows their functions.

Organization chart can be used as a management tool that is used for planning purposes, and can also be used as a personnel directory.

The purpose of an organization chart is to illustrate the chais of command and reporting relationships that exist within an organization.

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Identify whether each statement in the following table best illustrates the concept of consumers’ surplus, producers’ surplus, o
Blizzard [7]

Answer:

1. Neither ; 2. Consumer Surplus ; 3. Producer Surplus

Explanation:

Consumer Surplus is the difference between a good's price paid by consumer, & maximum price the consumer is willing to pay for the good.

Producer Surplus is the difference between a good's price received by a seller, & minimum price at which the seller is willing to sell the good.

1. Willing to pay $209 for watch, buyer willing to sell at $196, no trade as price ceiling at $190 : It illustrates neither concept as transaction has not actually occurred, so no price established.

2. Willing to pay $39 for sweater, purchased it for $32 : It illustrates 'Consumer Surplus' case = $7 , as it shows difference between maximum willingness to pay by buyer ($39) & the actual buy price ($32)

3. Willing to sell laptop at $190, sold it at $199 : It illustrates 'Producer Surplus' case = $9 , as it shows difference between minimum willingness to sell price ($190) &  actual sale price ($199)

5 0
4 years ago
The cash account has a debit balance of $400. Through the month the account is debited for a total amount of $1500 and credited
g100num [7]

Answer:

$1,000

Explanation:

The computation of the ending balance of cash is shown below:

Ending balance of cash  = Debit balance of cash account + total debited the amount of cash balance - the total credited amount of cash balance

= $400 + $1,500 - $900

= $1,000

Since the cash account has debit balance so it would be added while the credit balance is deducted

8 0
3 years ago
The WeKnowThisStuff Company issued a $1,000 par value, 6% coupon, 8 year bond. The interest is paid semiannually and the market
Stella [2.4K]

Answer:

$1,032.01

Explanation:

Given:

Face value of bond (FV) = $1,000

Coupon rate = 6% annual rate or 6% / 2 = 3% semi-annual rate

Coupon payment (pmt) = 0.03 × $1,000

                            = $30

Rate = 5.5% annually or 5.5 / 2 = 2.75%

Time period (nper) = 8 × 2 = 16 periods

Current value of bond is present value of bond which can be computed using spreadsheet function =PV(rate,nper,pmt,FV)

So, present value of bond is $1,032.01.

PV is negative as it's cash outflow.

8 0
3 years ago
True or false: revenue is recorded when services are performed, whereas deferred revenue is recorded when cash is received from
Shkiper50 [21]

We can actually deduce here that the statement, "revenue is recorded when services are performed, whereas deferred revenue is recorded when cash is received from customers in advance before services are performed" is true.

<h3>What is revenue?</h3>

Revenue is actually known to be the general or total income that an organization or a firm makes from sales of their goods and services. Revenue made helps to ascertain how the company is fairing in terms of sales and customer retention.

We see here that it is true that revenue is recorded whenever services have performed and the service provider has received the payment.

Learn more about revenue on brainly.com/question/24280609

#SPJ1

8 0
2 years ago
Why do different customers and service staff respond very differently to the same service environment?
blondinia [14]

Answer:

Most of them usually get paid for fake products which the consumer might not know is fake

8 0
3 years ago
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