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Maurinko [17]
3 years ago
9

Midyear on July 31st, the Chester Corporation's balance sheet reported:

Business
1 answer:
erastova [34]3 years ago
6 0

Answer:

$76.856 million

Explanation:

As we know that Balance sheet is divided in two portions.

1. Total Assets (Current Assets + Fixed Assets)

2. Total Liabilities and Share Holders' Equity.

and they both should be equal. So we can write from the above information, as:

Total Assets = Total Liabilities + Total Common Stock + Retained Earnings

N.B. We are excluding Cash from our calculation cause we assume that Cash is already been included in Total Assets.

Hence, by putting the values in above equation we can find our Retained Earnings as:

Retained Earnings + $128.230 million + $6.350 million = $211.436 million

Retained Earnings + $134.58 million = $211.436 million

Retained Earnings = $211.436 million - $134.58 million

Retained Earnings = $76.856 million

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A ____________ believes that good society derives from the sum of the best efforts of individuals-largely unfettered by external
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Answer:

Conservative

Explanation:

Do you have anymore of these on this subject?

3 0
3 years ago
2. The Basics of Business Writing Writing in a business environment differs from other types of writing. In professional setting
frutty [35]

Answer:

Fast Facts: Basic Business Writing Goals

 Convey Information: Forms of business communication, such as research reports or policy memos, are written to disseminate knowledge.

 Deliver News: Professional writing is often used to share recent events and accomplishments with both internal and external audiences.

 Call to Action: Business professionals use writing in an attempt to influence others for numerous reasons including selling merchandise and passing legislature.

 Explain or Justify an Action: Professional communication allows a business entity to explain their beliefs or to justify their actions.

1. Instructional Business Writing

Instructional business writing provides the reader with the information needed to complete a task. The task may need be accomplished immediately or it may be for future reference.

This type of document must break down a process into steps that are understandable to the reader. The written record must account for reader’s knowledge of the area, the scope of the task while integrating variations or potential problems.

Examples:

 User Manual: a guide focused on allowing the customer to use a product. Effective user manuals are crucial to a good user experience and a happy customer. User manuals are often considered part of technical writing, which is closely related to business writing.

 Specifications: a technical document which provides an outline of a product or process that allows it be constructed or reconstructed by an unfamiliar but knowledgeable user, enabling effective distribution.

 Memo: a short notification of new information shared within a large group in an organization. The memo may include a direct instruction or be a reference on how to complete future tasks.

2. Informational Business Writing

Not all business writing requires action. A large volume of writing is created for reference or record. This category can include some of the less glamorous but still essential documents.

Recording business information accurately and consistently is important for marking progress, predicting future work, as well as complying with legal and contractual obligations.

 Report: perhaps the bulk of informational writing is report writing. Organizations rely on reports to act, to communicate business and technical information, to capture work completed, to record incidents, to finalize projects and recommendations, and to act as an archive. A well written report allows the reader to easily grasp the content and, if applicable, make informed decisions.

 Financials: documents that outline the financial state of a company. These statements provide a fiscal snapshot of a company over a defined period.

 Minutes: a summary of the proceedings of a meeting. A record of discussions, decisions, and assignments for attendees and others.

3. Persuasive Business Writing

When people think of business writing, they often think of the persuasive writing category. These documents are generally associated with sales. The persuasive writing may be direct, with focus on a specific item, or indirect, with focus on developing the client relationship.

The goal is to two-fold: to convey information and to convince the reader that the presented information offers the best value. The text is written to impress the reader and sway their decision.

 Proposals: these documents outline an offer of a product or service to a specific potential client. The proposal generally presents project overview, benefits, timeline, costs, and competency.

 Sales Email: an email written to a large number of people to pitch a product or service.

 Press Release: a text written for journalists and media presenting new information. The text aims to persuade the reader to share the content through their own channels

4. Transactional Business Writing

Everyday communication falls under transactional business writing. The majority of this writing is by email, but also includes official letters, forms, and invoices. An easy way to quickly improve your transactional business writing is to take an online course.  

These documents are used to progress general operations. They are also used to convey good and bad news, often associated with human resource processes.

 Emails: documents used to quickly communicate information between staff or clients in business activities. Read our guide on how to write a business email here.

 Dismissal notice: this letter provides the official context and procedural details associated with employment termination.

Each business document falls into one of these four categories. By determining the category, you will better understand your document’s goal. This insight will improve your writing.

Explanation:

5 0
3 years ago
Sunshine Blender Company sold 3000 units in October at a sales price of $45 per unit. The variable cost is $25 per unit. Calcula
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Answer:

Total contribution margin= $60,000

Explanation:

Giving the following information:

Units sold= 3,000

Selling price per unit= $45

Unitary variable cost= $25

First, we will calculate the unitary contribution margin:

Unitary contribution margin= 45 - 25= $20

Now, total contribution margin:

Total contribution margin= 3,000*20= $60,000

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3 years ago
With practical illustration discuss how managers can leverage on organizational behavior components to maximize business success
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Answer:

Explanation:

3

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Rodney, the director of a software company, decides to launch a free-education program for the underprivileged children in his c
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Answer:

B. Information

Explanation:

Annual Sales report is an information resource to distribute free textbooks for the underprivileged children using 1% of the company's annual profits

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