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photoshop1234 [79]
3 years ago
15

Leonard, the manager of a manufacturing firm, wants the organization to perform better. He expects his employees to think more l

ike owners, taking a broad view of what they need to do in order to make the organization more effective. In this case, Leonard should
Business
1 answer:
adoni [48]3 years ago
6 0

Answer:

implement a profit-sharing incentive plan

Explanation:

Based on the scenario being described within the question it can be said that in this case, Leonard should implement a profit-sharing incentive plan. This is a plan that provides employees with an additional form of direct or indirect payment on top of their salaries, usually by giving them shares of the company. This will motivate them towards focusing on bettering the company because if the company/organization performs better then the shares will be worth more to them.

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Physicians' Hospital has the following balances on December 31, 2021, before any adjustment: Accounts Receivable = $44,000; Allo
ivanzaharov [21]

Answer:

Entry: 1. Dr bad debts expense  5500

                    Cr Allowance for uncollectible accounts  5500

Explanation:

1.Account receivable =  $44000

Allowance for uncollectible accounts(Dec,31 2021) = $1100

44000* 15% = 6600 - 1100 = $5500 Allowance for uncollectible accounts

2.  Bad debts expense =  (44000* 15%) = 6600

3. Uncollecible accounts = (Open) Allowance for bad debts + Current year Allowance.

                         =  1100 + 6600 = $7700.

4. 44000 - 7700 = $36300 net account receiable

6 0
3 years ago
Suppose an Exxon Corporation bond will pay $4,500 ten years from now. If the going interest rate on safe 10-year bonds is 4.25%,
Luda [366]

Answer:

The answer is a. $2,967.92

Explanation:

Calculation of prent value

Present value = p* (1+i)^-10

Present value = $4,500 * (1+0.0425)^-10= <u>$2,967.92</u>

4 0
3 years ago
Does the color of an object change with shape change
Naily [24]

Answer:

is the clay

jh

Explanation:

badal da payara

7 0
2 years ago
Consider Mandy’s decision to go to college. If she goes to college, she will spend $20,000 on tuition, $10,000 on room and board
Lera25 [3.4K]

Answer:

The correct answer is $42,000

Explanation:

Opportunity cost calculation.

If she goes to college, she will spend $20,000 on tuition, $10,000 on room and board, and $2,000 on books.

If she does not go to college, she will earn $18,000 working in a store and spend $8,000 on room and board

The formula is : (spend on tuition+ (spend of room and board, if she goes - spend of room and board, if she doesn´t go) + spend on books) + (the cost that she will receive, if she decides to not go).

($20,000 + ($10,000-$8,000) + $2,000) + ($18,000 if she goes, she won´t receive "opportunity cost")  

=$20,000 + $2,000 + $2,000 + ($18,000)

=$24,000 + $18,000

=$42,000

Mandy’s cost of going to college is $42,000

6 0
3 years ago
In general, individuals and nations should specialize in producing those goods for which they have a(n):
lesya [120]

Answer:

Comparative advantage.

Explanation:

Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.

The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.

In 1817, David Ricardo who is an english political economist talked about the law of comparative advantage in his book “On the Principles of Political Economy and Taxation." Also, the principle of comparative advantage states that, nations (countries) can become better off than their contemporaries through the process of specializing in what they know how to produce or do best.

This simply means that, any country applying the principle of comparative advantage, would enjoy an increase in output and consequently, a boost in their Gross Domestic Products (GDP).

In general, individuals and nations should specialize in producing those goods for which they have a comparative advantage.

8 0
3 years ago
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